PAYDEN & RYGEL INVESTMENT GROUP
NSAR-A, EX-27, 2000-06-26
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000885709
<NAME> PAYDEN & RYGEL INVESTMENT GROUP
<SERIES>
   <NUMBER> 17
   <NAME> PAYDEN & RYGEL EUROPEAN GROWTH & INC0ME FUND
<MULTIPLIER> 1000

<S>                             <C>
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<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                            20769
<INVESTMENTS-AT-VALUE>                           20115
<RECEIVABLES>                                     1721
<ASSETS-OTHER>                                       0
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<PAID-IN-CAPITAL-COMMON>                         23734
<SHARES-COMMON-STOCK>                             2075
<SHARES-COMMON-PRIOR>                             3207
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<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (2112)
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<NET-INVESTMENT-INCOME>                            156
<REALIZED-GAINS-CURRENT>                        (1997)
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<NET-CHANGE-FROM-OPS>                           (2791)
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<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                           3565
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<SHARES-REINVESTED>                                 12
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<PER-SHARE-NAV-BEGIN>                            11.93
<PER-SHARE-NII>                                   0.21
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