MARSHALL FUNDS INC
NSAR-B, EX-27, 2000-10-27
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000889366
<NAME>                            Marshall Funds, Inc.
<SERIES>
     <NUMBER>                     Marshall Government Income Fund - Advisor Class of Shares
     <NAME>                       012

<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 Aug-31-2000
<PERIOD-END>                      Aug-31-2000
<INVESTMENTS-AT-COST>             392,761,533
<INVESTMENTS-AT-VALUE>            393,385,696
<RECEIVABLES>                     2,293,017
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              2,075,000
<TOTAL-ASSETS>                    397,753,713
<PAYABLE-FOR-SECURITIES>          34,989,516
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         4,043,347
<TOTAL-LIABILITIES>               39,032,863
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          371,555,553
<SHARES-COMMON-STOCK>             1,491,452
<SHARES-COMMON-PRIOR>             81,854
<ACCUMULATED-NII-CURRENT>         (28,501)
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           (13,430,365)
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          624,163
<NET-ASSETS>                      1,491,452
<DIVIDEND-INCOME>                 0
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<OTHER-INCOME>                    0
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<REALIZED-GAINS-CURRENT>          (6,282,615)
<APPREC-INCREASE-CURRENT>         6,364,707
<NET-CHANGE-FROM-OPS>             21,225,774
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (61,948)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           95,258
<NUMBER-OF-SHARES-REDEEMED>       (20,219)
<SHARES-REINVESTED>               5,226
<NET-CHANGE-IN-ASSETS>            40,682,989
<ACCUMULATED-NII-PRIOR>           (126,797)
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<OVERDISTRIB-NII-PRIOR>           0
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<GROSS-ADVISORY-FEES>             2,526,119
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   3,985,206
<AVERAGE-NET-ASSETS>              1,020,377
<PER-SHARE-NAV-BEGIN>             9.220
<PER-SHARE-NII>                   0.550
<PER-SHARE-GAIN-APPREC>           (0.020)
<PER-SHARE-DIVIDEND>              (0.550)
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<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               9.200
<EXPENSE-RATIO>                   1.08
[AVG-DEBT-OUTSTANDING]            0
[AVG-DEBT-PER-SHARE]              0.000



</TABLE>


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