<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 081
<NAME> COLUMBIA HIGH YIELD FUND II
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 2,430,467
<INVESTMENTS-AT-VALUE> 2,331,260
<RECEIVABLES> 93,660
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 5,877
<TOTAL-ASSETS> 2,430,797
<PAYABLE-FOR-SECURITIES> 25,521
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 24,879
<TOTAL-LIABILITIES> 50,400
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,535,717
<SHARES-COMMON-STOCK> 252,204
<SHARES-COMMON-PRIOR> 247,638
<ACCUMULATED-NII-CURRENT> 4,176
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 60,289
<ACCUM-APPREC-OR-DEPREC> (99,207)
<NET-ASSETS> 2,380,397
<DIVIDEND-INCOME> 1,033
<INTEREST-INCOME> 104,350
<OTHER-INCOME> 0
<EXPENSES-NET> 19,053
<NET-INVESTMENT-INCOME> 86,330
<REALIZED-GAINS-CURRENT> (18,619)
<APPREC-INCREASE-CURRENT> (47,052)
<NET-CHANGE-FROM-OPS> 20,659
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (86,330)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 16,252
<NUMBER-OF-SHARES-REDEEMED> 20,799
<SHARES-REINVESTED> 9,113
<NET-CHANGE-IN-ASSETS> (22,161)
<ACCUMULATED-NII-PRIOR> 4,176
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 41,670
<GROSS-ADVISORY-FEES> 7,132
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 34,393
<AVERAGE-NET-ASSETS> 2,389,936
<PER-SHARE-NAV-BEGIN> 9.70
<PER-SHARE-NII> 0.34
<PER-SHARE-GAIN-APPREC> (0.26)
<PER-SHARE-DIVIDEND> (0.34)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.44
<EXPENSE-RATIO> 1.60
</TABLE>
