<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000887156
<NAME> MUTUAL FUND PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 146,505,678
<INVESTMENTS-AT-VALUE> 147,786,874
<RECEIVABLES> 625,710
<ASSETS-OTHER> 85,706
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 148,498,290
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 205,949
<TOTAL-LIABILITIES> 205,949
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 146,897,520
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,394,821
<NET-ASSETS> 148,292,341
<DIVIDEND-INCOME> 193,257
<INTEREST-INCOME> 3,036,569
<OTHER-INCOME> 0
<EXPENSES-NET> 705,380
<NET-INVESTMENT-INCOME> 2,524,446
<REALIZED-GAINS-CURRENT> (5,863,562)
<APPREC-INCREASE-CURRENT> (15,910,160)
<NET-CHANGE-FROM-OPS> (19,249,276)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (30,248,753)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 632,371
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 705,380
<AVERAGE-NET-ASSETS> 163,744,460
<PER-SHARE-NAV-BEGIN> 0.00
<PER-SHARE-NII> 0.00
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 0.00
<EXPENSE-RATIO> 0.85
<FN>
<F1>
</FN>
</TABLE>
