<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000888955
<NAME> NARRAGANSETT INSURED TAX-FREE INCOME FUND
<SERIES>
<NUMBER> 001
<NAME> CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUN-30-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 67,509,001
<INVESTMENTS-AT-VALUE> 66,627,182
<RECEIVABLES> 1,197,477
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 67,824,659
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 892,511
<TOTAL-LIABILITIES> 892,511
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 68,946,154
<SHARES-COMMON-STOCK> 6,046,494
<SHARES-COMMON-PRIOR> 6,558,486
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 63,071
<ACCUMULATED-NET-GAINS> (1,069,116)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (881,819)
<NET-ASSETS> 66,932,148
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,736,041
<OTHER-INCOME> 0
<EXPENSES-NET> 300,335
<NET-INVESTMENT-INCOME> 3,435,706
<REALIZED-GAINS-CURRENT> (1,065,120)
<APPREC-INCREASE-CURRENT> (786,488)
<NET-CHANGE-FROM-OPS> 1,584,098
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3,165,927
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 795,001
<NUMBER-OF-SHARES-REDEEMED> 1,507,502
<SHARES-REINVESTED> 200,509
<NET-CHANGE-IN-ASSETS> (8,217,957)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 59,116
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 352,128
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 722,892
<AVERAGE-NET-ASSETS> 62,745,771
<PER-SHARE-NAV-BEGIN> 10.16
<PER-SHARE-NII> .49
<PER-SHARE-GAIN-APPREC> (.24)
<PER-SHARE-DIVIDEND> .50
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.91
<EXPENSE-RATIO> .50
</TABLE>
