<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000885709
<NAME> PAYDEN & RYGEL INVESTMENT GROUP
<SERIES>
<NUMBER> 26
<NAME> PAYDEN & RYGEL EUROPEAN AGGRESSIVE GROWTH FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 67135
<INVESTMENTS-AT-VALUE> 70458
<RECEIVABLES> 1724
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 13
<TOTAL-ASSETS> 72195
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 89
<TOTAL-LIABILITIES> 89
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 63999
<SHARES-COMMON-STOCK> 3636
<SHARES-COMMON-PRIOR> 903
<ACCUMULATED-NII-CURRENT> (79)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4864
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3322
<NET-ASSETS> 72106
<DIVIDEND-INCOME> 67
<INTEREST-INCOME> 133
<OTHER-INCOME> (17)
<EXPENSES-NET> 265
<NET-INVESTMENT-INCOME> (82)
<REALIZED-GAINS-CURRENT> 5101
<APPREC-INCREASE-CURRENT> 2029
<NET-CHANGE-FROM-OPS> 7048
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 24
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6762
<NUMBER-OF-SHARES-REDEEMED> 4030
<SHARES-REINVESTED> 1
<NET-CHANGE-IN-ASSETS> 61919
<ACCUMULATED-NII-PRIOR> 28
<ACCUMULATED-GAINS-PRIOR> (236)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 211
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 328
<AVERAGE-NET-ASSETS> 49533
<PER-SHARE-NAV-BEGIN> 11.28
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 8.54
<PER-SHARE-DIVIDEND> 0.01
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 19.83
<EXPENSE-RATIO> 1.01
</TABLE>
