<PAGE> PAGE 1
000 B000000 04/30/1999
000 C000000 0000893658
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 ARK FUNDS
001 B000000 811-7310
001 C000000 6109896985
002 A000000 73 TREMONT STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02108
002 D020000 3913
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 20
007 C010100 1
007 C020100 U.S. TREASURY MONEY MARKET PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 U.S. GOVERNMENT MONEY MARKET PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 MONEY MARKET PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 TAX-FREE MONEY MARKET PORTFOLIO
007 C030400 N
007 C010500 5
007 C020500 INCOME PORTFOLIO
007 C030500 N
007 C010600 6
007 C020600 BALANCED PORTFOLIO
007 C030600 N
007 C010700 7
007 C020700 CAPITAL GROWTH PORTFOLIO
007 C030700 N
007 C010800 8
007 C010900 9
007 C020900 SMALL-CAP EQUITY PORTFOLIO
007 C030900 N
007 C011000 10
007 C021000 SHORT-TERM TREASURY PORTFOLIO
007 C031000 N
<PAGE> PAGE 2
007 C011100 11
007 C021100 BLUE CHIP EQUITY PORTFOLIO
007 C031100 N
007 C011200 12
007 C021200 INTERMEDIATE FIXED INCOME PORTFOLIO
007 C031200 N
007 C011300 13
007 C021300 MARYLAND TAX-FREE PORTFOLIO
007 C031300 N
007 C011400 14
007 C021400 PENNSYLVANIA TAX-FREE PORTFOLIO
007 C031400 N
007 C011500 15
007 C021500 EQUITY INCOME PORTFOLIO
007 C031500 N
007 C011600 16
007 C021600 MID-CAP EQUITY PORTFOLIO
007 C031600 N
007 C011700 17
007 C011800 18
007 C021800 EQUITY INDEX PORTFOLIO
007 C031800 N
007 C011900 19
007 C021900 INTERNATIONAL EQUITY SELECTION PORTFOLIO
007 C031900 N
007 C012000 20
007 C022000 U.S. GOVERNMENT BOND PORTFOLIO
007 C032000 N
007 C012100 21
007 C022100 VALUE EQUITY PORTFOLIO
007 C032100 N
007 C012200 22
007 C022200 SHORT-TERM BOND PORTFOLIO
007 C032200 N
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
020 A000001 PAINE WEBBER
020 B000001 13-2760086
020 C000001 361
020 A000002 ESI SECURITIES
020 B000002 13-2862329
020 C000002 301
020 A000003 AUTRANET
020 C000003 145
020 A000004 SEI INVESTMENTS
<PAGE> PAGE 3
020 C000004 128
020 A000005 INTERSTATE/JOHNSON
020 B000005 56-0276690
020 C000005 87
020 A000006 STANDARD & POORS SECURITIES
020 B000006 13-2671951
020 C000006 78
020 A000007 INSTINET
020 B000007 13-3443395
020 C000007 68
020 A000008 JONES & ASSOCIATES
020 C000008 57
020 A000009 ROBINSON HUMPHREY
020 C000009 37
020 A000010 LEWCO SECURITIES
020 C000010 36
021 000000 1686
022 A000001 FIRST BOSTON
022 B000001 13-5659485
022 C000001 69726794
022 D000001 310751
022 A000002 GOLDMAN SACHS
022 B000002 13-5108880
022 C000002 58597625
022 D000002 476473
022 A000003 SALOMON SMITH BARNEY
022 B000003 13-1912900
022 C000003 47332420
022 D000003 1341414
022 A000004 DEAN WITTER
022 B000004 94-1671384
022 C000004 10915364
022 D000004 631465
022 A000005 MERRILL LYNCH
022 B000005 13-5674085
022 C000005 6367024
022 D000005 50433
022 A000006 DEUTSCHE BANK
022 B000006 14-348532
022 C000006 10537062
022 D000006 360310
022 A000007 MORGAN STANLEY
022 B000007 13-2655998
022 C000007 6733643
022 D000007 351858
022 A000008 LEHMAN BROTHERS
022 B000008 13-2927667
022 C000008 1159500
022 D000008 87389
022 A000009 DMG
022 C000009 4656000
<PAGE> PAGE 4
022 D000009 0
022 A000010 PAINE WEBBER
022 B000010 13-2760086
022 C000010 1089907
022 D000010 484167
023 C000000 219772460
023 D000000 5356524
026 A000000 Y
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
074 T000000 0
077 A000000 Y
077 B000000 Y
078 000000 N
080 A00AA00 CONTINENTAL CASUALTY COMPANY
080 B00AA00 RELIANCE INSURANCE COMPANY
080 C00AA00 58000
081 A00AA00 Y
081 B00AA00 315
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
028 A010100 111730
028 A020100 70
028 A030100 0
028 A040100 58964
028 B010100 67345
028 B020100 75
028 B030100 0
028 B040100 69760
028 C010100 74617
028 C020100 70
028 C030100 0
028 C040100 84372
028 D010100 68701
<PAGE> PAGE 5
028 D020100 59
028 D030100 0
028 D040100 77231
028 E010100 63231
028 E020100 65
028 E030100 0
028 E040100 68124
028 F010100 84371
028 F020100 58
028 F030100 0
028 F040100 79661
028 G010100 469995
028 G020100 397
028 G030100 0
028 G040100 438112
028 H000100 0
029 000100 N
030 A000100 0
030 B000100 0.00
030 C000100 0.00
034 000100 N
035 000100 0
036 B000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 Y
041 000100 Y
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 100
043 000100 208
044 000100 0
062 A000100 Y
062 B000100 99.4
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
<PAGE> PAGE 6
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 88
063 B000100 0.0
064 A000100 N
064 B000100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 12
072 B000100 21172
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 1076
072 G000100 559
072 H000100 0
072 I000100 473
072 J000100 79
072 K000100 0
072 L000100 68
072 M000100 4
072 N000100 37
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 12
072 S000100 5
072 T000100 208
072 U000100 1
072 V000100 0
072 W000100 57
072 X000100 2579
072 Y000100 522
072 Z000100 19115
072AA000100 18
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 12857
072DD020100 6258
072EE000100 0
073 A010100 0.0400
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
<PAGE> PAGE 7
074 B000100 0
074 C000100 446145
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 4420
074 M000100 62
074 N000100 450627
074 O000100 0
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 1812
074 S000100 0
074 T000100 448815
074 U010100 289938
074 U020100 158897
074 V010100 1.00
074 V020100 0.00
074 W000100 0.9999
074 X000100 14
074 Y000100 0
075 A000100 430434
075 B000100 0
076 000100 0.00
024 000200 Y
025 A000201 GOLDMAN SACHS
025 B000201 13-5108880
025 C000201 D
025 D000201 312535
025 A000202 MORGAN STANLEY
025 B000202 13-2655998
025 C000202 D
025 D000202 300000
025 D000203 0
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 216345
028 A020200 1
028 A030200 0
028 A040200 184677
<PAGE> PAGE 8
028 B010200 445801
028 B020200 0
028 B030200 0
028 B040200 278416
028 C010200 487795
028 C020200 0
028 C030200 0
028 C040200 283525
028 D010200 237147
028 D020200 0
028 D030200 0
028 D040200 370227
028 E010200 259820
028 E020200 0
028 E030200 0
028 E040200 237574
028 F010200 257719
028 F020200 0
028 F030200 0
028 F040200 572469
028 G010200 1904627
028 G020200 1
028 G030200 0
028 G040200 1926888
028 H000200 0
034 000200 N
035 000200 0
036 B000200 0
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 100
043 000200 409
044 000200 0
062 A000200 Y
062 B000200 0.0
062 C000200 64.9
062 D000200 36.6
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
<PAGE> PAGE 9
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 50
063 B000200 0.0
064 A000200 N
064 B000200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 12
072 B000200 87637
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 4172
072 G000200 2169
072 H000200 0
072 I000200 2279
072 J000200 242
072 K000200 0
072 L000200 241
072 M000200 17
072 N000200 122
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 69
072 S000200 26
072 T000200 409
072 U000200 1
072 V000200 0
072 W000200 262
072 X000200 10009
072 Y000200 3094
072 Z000200 80722
072AA000200 0
072BB000200 1
072CC010200 0
072CC020200 0
072DD010200 69381
072DD020200 11331
072EE000200 0
073 A010200 0.0500
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
<PAGE> PAGE 10
074 B000200 612535
074 C000200 1087225
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 6600
074 M000200 12
074 N000200 1706372
074 O000200 24971
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 7156
074 S000200 0
074 T000200 1674245
074 U010200 1428
074 U020200 246181
074 V010200 1.00
074 V020200 0.00
074 W000200 0.9999
074 X000200 5
074 Y000200 0
075 A000200 1668947
075 B000200 0
076 000200 0.00
025 A000301 BEAR STEARNS
025 B000301 13-2975144
025 C000301 D
025 D000301 12027
025 A000302 GOLDMAN SACHS
025 B000302 13-5108880
025 C000302 D
025 D000302 62617
025 A000303 LEHMAN BROTHERS
025 B000303 13-2927667
025 C000303 D
025 D000303 2004
025 A000304 MERRILL LYNCH
025 B000304 13-5674085
025 C000304 D
025 D000304 3011
025 A000305 MORGAN STANLEY, DEAN WITTER
025 B000305 94-1671384
025 C000305 D
<PAGE> PAGE 11
025 D000305 10007
025 A000306 SALOMON SMITH BARNEY
025 B000306 13-1912900
025 C000306 D
025 D000306 34081
028 A010300 99124
028 A020300 905
028 A030300 0
028 A040300 136094
028 B010300 116010
028 B020300 898
028 B030300 0
028 B040300 112186
028 C010300 89837
028 C020300 833
028 C030300 0
028 C040300 94289
028 D010300 96898
028 D020300 732
028 D030300 0
028 D040300 53244
028 E010300 301206
028 E020300 818
028 E030300 0
028 E040300 92289
028 F010300 152654
028 F020300 805
028 F030300 0
028 F040300 213318
028 G010300 855729
028 G020300 4991
028 G030300 0
028 G040300 701420
028 H000300 0
034 000300 N
035 000300 0
036 B000300 0
042 A000300 0
042 B000300 0
042 C000300 0
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 100
043 000300 745
044 000300 0
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 4.0
<PAGE> PAGE 12
062 E000300 0.0
062 F000300 2.6
062 G000300 10.0
062 H000300 0.0
062 I000300 31.3
062 J000300 0.0
062 K000300 0.0
062 L000300 51.8
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 57
063 B000300 0.0
064 A000300 N
064 B000300 N
071 A000300 0
071 B000300 0
071 C000300 0
071 D000300 0
072 A000300 12
072 B000300 42281
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 1959
072 G000300 1019
072 H000300 0
072 I000300 917
072 J000300 128
072 K000300 0
072 L000300 107
072 M000300 8
072 N000300 160
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 32
072 S000300 11
072 T000300 745
072 U000300 1
072 V000300 0
072 W000300 100
072 X000300 5187
072 Y000300 1617
072 Z000300 38711
072AA000300 10
072BB000300 0
072CC010300 0
<PAGE> PAGE 13
072CC020300 0
072DD010300 19775
072DD020300 18936
072EE000300 0
073 A010300 0.0500
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 43
074 B000300 40617
074 C000300 958845
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 6823
074 M000300 805
074 N000300 1007133
074 O000300 0
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 4437
074 S000300 0
074 T000300 1002696
074 U010300 527107
074 U020300 475561
074 V010300 1.00
074 V020300 0.00
074 W000300 1.0001
074 X000300 89
074 Y000300 0
075 A000300 783722
075 B000300 0
076 000300 0.00
028 A010400 15645
028 A020400 57
028 A030400 0
028 A040400 16201
028 B010400 36028
028 B020400 58
028 B030400 0
028 B040400 18674
028 C010400 31781
028 C020400 64
<PAGE> PAGE 14
028 C030400 0
028 C040400 27279
028 D010400 12246
028 D020400 56
028 D030400 0
028 D040400 11904
028 E010400 10653
028 E020400 72
028 E030400 0
028 E040400 20426
028 F010400 23736
028 F020400 75
028 F030400 0
028 F040400 26342
028 G010400 130089
028 G020400 382
028 G030400 0
028 G040400 120826
028 H000400 0
034 000400 N
035 000400 0
036 B000400 0
042 A000400 0
042 B000400 0
042 C000400 0
042 D000400 0
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 100
043 000400 121
044 000400 0
058 A000400 N
059 000400 Y
060 A000400 Y
060 B000400 Y
061 000400 500
062 A000400 Y
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 99.4
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
<PAGE> PAGE 15
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
063 A000400 55
063 B000400 0.0
064 A000400 Y
064 B000400 N
071 A000400 0
071 B000400 0
071 C000400 0
071 D000400 0
072 A000400 12
072 B000400 5165
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 392
072 G000400 204
072 H000400 0
072 I000400 168
072 J000400 32
072 K000400 0
072 L000400 21
072 M000400 1
072 N000400 32
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 4
072 S000400 1
072 T000400 121
072 U000400 1
072 V000400 0
072 W000400 23
072 X000400 1000
072 Y000400 347
072 Z000400 4512
072AA000400 0
072BB000400 0
072CC010400 0
072CC020400 0
072DD010400 2499
072DD020400 2013
072EE000400 0
073 A010400 0.0300
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 96
074 B000400 0
<PAGE> PAGE 16
074 C000400 153976
074 D000400 0
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 1272
074 M000400 74
074 N000400 155418
074 O000400 0
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 438
074 S000400 0
074 T000400 154980
074 U010400 77898
074 U020400 77082
074 V010400 1.00
074 V020400 0.00
074 W000400 0.9999
074 X000400 20
074 Y000400 0
075 A000400 156716
075 B000400 0
076 000400 0.00
025 A000501 MORGAN STANLEY, DEAN WITTER
025 B000501 94-1671384
025 C000501 D
025 D000501 7374
025 A000502 FIRST BOSTON
025 B000502 13-5659485
025 C000502 D
025 D000502 18157
025 A000503 MERRILL LYNCH
025 B000503 13-5674085
025 C000503 D
025 D000503 9991
025 D000504 0
025 D000505 0
025 D000506 0
025 D000507 0
025 D000508 0
028 A010500 3359
028 A020500 1161
028 A030500 0
<PAGE> PAGE 17
028 A040500 1476
028 B010500 6757
028 B020500 1279
028 B030500 0
028 B040500 2149
028 C010500 7365
028 C020500 1149
028 C030500 0
028 C040500 4310
028 D010500 6747
028 D020500 1060
028 D030500 0
028 D040500 891
028 E010500 9771
028 E020500 1200
028 E030500 0
028 E040500 3401
028 F010500 5241
028 F020500 1119
028 F030500 0
028 F040500 4609
028 G010500 39240
028 G020500 6968
028 G030500 0
028 G040500 16836
028 H000500 1707
029 000500 Y
030 A000500 114
030 B000500 4.50
030 C000500 0.00
031 A000500 114
031 B000500 0
032 000500 0
033 000500 0
034 000500 N
035 000500 0
036 B000500 0
042 A000500 0
042 B000500 0
042 C000500 0
042 D000500 0
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 100
043 000500 21
044 000500 0
062 A000500 Y
062 B000500 0.0
062 C000500 0.0
062 D000500 5.0
<PAGE> PAGE 18
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 23.2
062 N000500 31.4
062 O000500 0.0
062 P000500 43.2
062 Q000500 16.4
062 R000500 0.0
063 A000500 0
063 B000500 6.7
064 A000500 Y
064 B000500 N
071 A000500 160029
071 B000500 167366
071 C000500 318586
071 D000500 50
072 A000500 12
072 B000500 22424
072 C000500 355
072 D000500 0
072 E000500 0
072 F000500 2086
072 G000500 452
072 H000500 0
072 I000500 522
072 J000500 64
072 K000500 0
072 L000500 48
072 M000500 3
072 N000500 22
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 12
072 S000500 4
072 T000500 25
072 U000500 1
072 V000500 0
072 W000500 51
072 X000500 3290
072 Y000500 566
072 Z000500 20055
072AA000500 0
072BB000500 1205
072CC010500 0
<PAGE> PAGE 19
072CC020500 4352
072DD010500 19650
072DD020500 447
072EE000500 138
073 A010500 0.5900
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 0
074 B000500 18157
074 C000500 0
074 D000500 413073
074 E000500 4078
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 0
074 K000500 0
074 L000500 5357
074 M000500 1091
074 N000500 441756
074 O000500 74294
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 2127
074 S000500 0
074 T000500 365335
074 U010500 35352
074 U020500 869
074 V010500 10.08
074 V020500 0.00
074 W000500 0.0000
074 X000500 654
074 Y000500 0
075 A000500 0
075 B000500 347758
076 000500 0.00
025 A000601 MORGAN STANLEY, DEAN WITTER
025 B000601 94-1671384
025 C000601 E
025 D000601 1984
025 A000602 FIRST BOSTON
025 B000602 13-5659485
025 C000602 D
025 D000602 6975
025 D000603 0
025 D000604 0
<PAGE> PAGE 20
025 D000605 0
025 D000606 0
025 D000607 0
025 D000608 0
028 A010600 2733
028 A020600 0
028 A030600 0
028 A040600 4269
028 B010600 5707
028 B020600 6539
028 B030600 0
028 B040600 4837
028 C010600 1713
028 C020600 0
028 C030600 0
028 C040600 2371
028 D010600 3053
028 D020600 0
028 D030600 0
028 D040600 657
028 E010600 2452
028 E020600 598
028 E030600 0
028 E040600 2093
028 F010600 2947
028 F020600 0
028 F030600 0
028 F040600 1169
028 G010600 18605
028 G020600 7137
028 G030600 0
028 G040600 15396
028 H000600 9491
029 000600 Y
030 A000600 540
030 B000600 4.75
030 C000600 0.00
031 A000600 540
031 B000600 0
032 000600 0
033 000600 0
034 000600 Y
035 000600 2
036 A000600 N
036 B000600 0
042 A000600 0
042 B000600 0
042 C000600 0
042 D000600 0
042 E000600 0
042 F000600 0
<PAGE> PAGE 21
042 G000600 0
042 H000600 100
043 000600 53
044 000600 0
062 A000600 N
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
071 A000600 80102
071 B000600 64728
071 C000600 114286
071 D000600 57
072 A000600 12
072 B000600 3036
072 C000600 711
072 D000600 0
072 E000600 0
072 F000600 821
072 G000600 164
072 H000600 0
072 I000600 190
072 J000600 29
072 K000600 0
072 L000600 17
072 M000600 1
072 N000600 16
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 5
072 S000600 2
072 T000600 83
072 U000600 2
072 V000600 0
072 W000600 22
072 X000600 1352
072 Y000600 239
<PAGE> PAGE 22
072 Z000600 2634
072AA000600 6985
072BB000600 0
072CC010600 12888
072CC020600 0
072DD010600 2218
072DD020600 391
072EE000600 5889
073 A010600 0.2800
073 A020600 0.0000
073 B000600 1.8900
073 C000600 0.0000
074 A000600 0
074 B000600 6975
074 C000600 0
074 D000600 41851
074 E000600 363
074 F000600 97655
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 0
074 K000600 0
074 L000600 1002
074 M000600 80
074 N000600 147926
074 O000600 0
074 P000600 0
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 125
074 S000600 0
074 T000600 147801
074 U010600 0
074 U020600 0
074 V010600 14.64
074 V020600 0.00
074 W000600 0.0000
074 X000600 0
074 Y000600 0
075 A000600 0
075 B000600 126572
076 000600 0.00
025 A000701 MORGAN STANLEY, DEAN WITTER
025 B000701 94-1671384
025 C000701 E
025 D000701 2728
025 A000702 PAINE WEBBER
025 B000702 13-2760086
<PAGE> PAGE 23
025 C000702 E
025 D000702 1408
025 A000703 FIRST BOSTON
025 B000703 13-5659485
025 C000703 D
025 D000703 2747
025 A000704 MERRILL LYNCH
025 B000704 13-5674085
025 C000704 E
025 D000704 1679
025 D000705 0
025 D000706 0
025 D000707 0
025 D000708 0
028 A010700 2279
028 A020700 0
028 A030700 0
028 A040700 674
028 B010700 3736
028 B020700 2679
028 B030700 0
028 B040700 3402
028 C010700 4582
028 C020700 0
028 C030700 0
028 C040700 993
028 D010700 3803
028 D020700 0
028 D030700 0
028 D040700 933
028 E010700 6414
028 E020700 0
028 E030700 0
028 E040700 2575
028 F010700 4202
028 F020700 0
028 F030700 0
028 F040700 1236
028 G010700 25016
028 G020700 2679
028 G030700 0
028 G040700 9813
028 H000700 5542
029 000700 Y
030 A000700 318
030 B000700 4.75
030 C000700 0.00
031 A000700 318
031 B000700 0
032 000700 0
033 000700 0
<PAGE> PAGE 24
034 000700 Y
035 000700 5
036 A000700 N
036 B000700 0
042 A000700 0
042 B000700 0
042 C000700 0
042 D000700 0
042 E000700 0
042 F000700 0
042 G000700 0
042 H000700 100
043 000700 46
044 000700 0
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
071 A000700 121912
071 B000700 97035
071 C000700 81913
071 D000700 118
072 A000700 12
072 B000700 150
072 C000700 579
072 D000700 0
072 E000700 0
072 F000700 592
072 G000700 110
072 H000700 0
072 I000700 127
072 J000700 3
072 K000700 0
072 L000700 12
072 M000700 1
072 N000700 15
072 O000700 0
<PAGE> PAGE 25
072 P000700 0
072 Q000700 0
072 R000700 4
072 S000700 1
072 T000700 72
072 U000700 2
072 V000700 0
072 W000700 15
072 X000700 954
072 Y000700 132
072 Z000700 -93
072AA000700 4150
072BB000700 0
072CC010700 19500
072CC020700 0
072DD010700 0
072DD020700 0
072EE000700 2691
073 A010700 0.0000
073 A020700 0.0000
073 B000700 0.5100
073 C000700 0.0000
074 A000700 0
074 B000700 2747
074 C000700 0
074 D000700 0
074 E000700 0
074 F000700 112792
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 22
074 K000700 0
074 L000700 135
074 M000700 0
074 N000700 115696
074 O000700 311
074 P000700 0
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 146
074 S000700 0
074 T000700 115239
074 U010700 4812
074 U020700 1356
074 V010700 18.71
074 V020700 0.00
074 W000700 0.0000
074 X000700 3185
<PAGE> PAGE 26
074 Y000700 0
075 A000700 0
075 B000700 84785
076 000700 0.00
062 A000800 N
062 B000800 0.0
062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 0.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
025 A000901 FIRST BOSTON
025 B000901 13-5659485
025 C000901 D
025 D000901 1230
028 A010900 132
028 A020900 0
028 A030900 0
028 A040900 266
028 B010900 1067
028 B020900 746
028 B030900 0
028 B040900 314
028 C010900 520
028 C020900 0
028 C030900 0
028 C040900 146
028 D010900 223
028 D020900 0
028 D030900 0
028 D040900 43
028 E010900 245
028 E020900 0
028 E030900 0
028 E040900 192
028 F010900 488
028 F020900 0
028 F030900 0
028 F040900 262
028 G010900 2675
<PAGE> PAGE 27
028 G020900 746
028 G030900 0
028 G040900 1223
028 H000900 311
029 000900 Y
030 A000900 24
030 B000900 4.75
030 C000900 0.00
031 A000900 24
031 B000900 0
032 000900 0
033 000900 0
034 000900 N
035 000900 0
036 B000900 0
042 A000900 0
042 B000900 0
042 C000900 0
042 D000900 0
042 E000900 0
042 F000900 0
042 G000900 0
042 H000900 100
043 000900 5
044 000900 0
062 A000900 N
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
071 A000900 189426
071 B000900 187412
071 C000900 25563
071 D000900 733
072 A000900 12
072 B000900 145
072 C000900 44
072 D000900 0
<PAGE> PAGE 28
072 E000900 0
072 F000900 222
072 G000900 36
072 H000900 0
072 I000900 42
072 J000900 23
072 K000900 0
072 L000900 4
072 M000900 0
072 N000900 8
072 O000900 0
072 P000900 0
072 Q000900 0
072 R000900 1
072 S000900 0
072 T000900 8
072 U000900 0
072 V000900 0
072 W000900 5
072 X000900 349
072 Y000900 25
072 Z000900 -135
072AA000900 4402
072BB000900 0
072CC010900 0
072CC020900 1611
072DD010900 0
072DD020900 0
072EE000900 789
073 A010900 0.0000
073 A020900 0.0000
073 B000900 0.6600
073 C000900 0.0000
074 A000900 0
074 B000900 1230
074 C000900 0
074 D000900 0
074 E000900 13
074 F000900 31892
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 3195
074 K000900 0
074 L000900 0
074 M000900 19
074 N000900 36349
074 O000900 3465
074 P000900 0
074 Q000900 0
074 R010900 0
<PAGE> PAGE 29
074 R020900 0
074 R030900 0
074 R040900 74
074 S000900 0
074 T000900 32810
074 U010900 2416
074 U020900 179
074 V010900 12.65
074 V020900 0.00
074 W000900 0.0000
074 X000900 49
074 Y000900 0
075 A000900 0
075 B000900 27715
076 000900 0.00
028 A011000 675
028 A021000 67
028 A031000 0
028 A041000 579
028 B011000 2010
028 B021000 296
028 B031000 0
028 B041000 885
028 C011000 818
028 C021000 69
028 C031000 0
028 C041000 804
028 D011000 1887
028 D021000 63
028 D031000 0
028 D041000 478
028 E011000 2369
028 E021000 66
028 E031000 0
028 E041000 2107
028 F011000 1992
028 F021000 63
028 F031000 0
028 F041000 734
028 G011000 9751
028 G021000 624
028 G031000 0
028 G041000 5587
028 H001000 0
034 001000 N
035 001000 0
036 B001000 0
042 A001000 0
042 B001000 0
042 C001000 0
042 D001000 0
<PAGE> PAGE 30
042 E001000 0
042 F001000 0
042 G001000 0
042 H001000 100
043 001000 35
044 001000 0
062 A001000 Y
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
062 H001000 0.0
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.0
062 M001000 99.0
062 N001000 0.0
062 O001000 0.0
062 P001000 0.0
062 Q001000 0.0
062 R001000 0.0
063 A001000 0
063 B001000 1.6
064 A001000 N
064 B001000 N
071 A001000 36572
071 B001000 29896
071 C001000 42325
071 D001000 71
072 A001000 12
072 B001000 2357
072 C001000 0
072 D001000 0
072 E001000 0
072 F001000 152
072 G001000 57
072 H001000 0
072 I001000 66
072 J001000 8
072 K001000 0
072 L001000 6
072 M001000 0
072 N001000 12
072 O001000 0
072 P001000 0
072 Q001000 0
072 R001000 1
072 S001000 1
<PAGE> PAGE 31
072 T001000 57
072 U001000 3
072 V001000 0
072 W001000 7
072 X001000 370
072 Y001000 70
072 Z001000 2057
072AA001000 246
072BB001000 0
072CC011000 0
072CC021000 140
072DD011000 1396
072DD021000 661
072EE001000 227
073 A011000 0.4800
073 A021000 0.4700
073 B001000 0.1000
073 C001000 0.0000
074 A001000 2
074 B001000 0
074 C001000 47593
074 D001000 0
074 E001000 0
074 F001000 0
074 G001000 0
074 H001000 0
074 I001000 0
074 J001000 0
074 K001000 0
074 L001000 659
074 M001000 40
074 N001000 48294
074 O001000 0
074 P001000 0
074 Q001000 0
074 R011000 0
074 R021000 0
074 R031000 0
074 R041000 200
074 S001000 0
074 T001000 48094
074 U011000 3398
074 U021000 1397
074 V011000 10.03
074 V021000 10.03
074 W001000 0.0000
074 X001000 10
074 Y001000 0
075 A001000 0
075 B001000 43512
076 001000 0.00
<PAGE> PAGE 32
025 A001101 MORGAN STANLEY, DEAN WITTER
025 B001101 94-1671384
025 C001101 E
025 D001101 4959
025 A001102 FIRST BOSTON
025 B001102 13-5659485
025 C001102 D
025 D001102 6375
025 D001103 0
025 D001104 0
025 D001105 0
025 D001106 0
025 D001107 0
025 D001108 0
028 A011100 3437
028 A021100 0
028 A031100 0
028 A041100 1389
028 B011100 5495
028 B021100 3290
028 B031100 0
028 B041100 2487
028 C011100 7477
028 C021100 0
028 C031100 0
028 C041100 1129
028 D011100 6528
028 D021100 0
028 D031100 0
028 D041100 883
028 E011100 11413
028 E021100 145
028 E031100 0
028 E041100 6192
028 F011100 6098
028 F021100 0
028 F031100 0
028 F041100 1643
028 G011100 40448
028 G021100 3435
028 G031100 0
028 G041100 13723
028 H001100 8700
029 001100 Y
030 A001100 565
030 B001100 4.75
030 C001100 0.00
031 A001100 565
031 B001100 0
032 001100 0
033 001100 0
<PAGE> PAGE 33
034 001100 Y
035 001100 4
036 A001100 N
036 B001100 0
042 A001100 0
042 B001100 0
042 C001100 0
042 D001100 0
042 E001100 0
042 F001100 0
042 G001100 0
042 H001100 100
043 001100 123
044 001100 0
062 A001100 N
062 B001100 0.0
062 C001100 0.0
062 D001100 0.0
062 E001100 0.0
062 F001100 0.0
062 G001100 0.0
062 H001100 0.0
062 I001100 0.0
062 J001100 0.0
062 K001100 0.0
062 L001100 0.0
062 M001100 0.0
062 N001100 0.0
062 O001100 0.0
062 P001100 0.0
062 Q001100 0.0
062 R001100 0.0
071 A001100 100518
071 B001100 51621
071 C001100 133104
071 D001100 39
072 A001100 12
072 B001100 380
072 C001100 1789
072 D001100 0
072 E001100 0
072 F001100 981
072 G001100 182
072 H001100 0
072 I001100 211
072 J001100 30
072 K001100 0
072 L001100 20
072 M001100 2
072 N001100 28
072 O001100 0
<PAGE> PAGE 34
072 P001100 0
072 Q001100 0
072 R001100 7
072 S001100 3
072 T001100 265
072 U001100 3
072 V001100 0
072 W001100 36
072 X001100 1768
072 Y001100 406
072 Z001100 807
072AA001100 4389
072BB001100 0
072CC011100 25069
072CC021100 0
072DD011100 613
072DD021100 234
072EE001100 3198
073 A011100 0.1200
073 A021100 0.1200
073 B001100 1.2000
073 C001100 0.0000
074 A001100 0
074 B001100 6375
074 C001100 999
074 D001100 0
074 E001100 0
074 F001100 182698
074 G001100 0
074 H001100 0
074 I001100 0
074 J001100 0
074 K001100 0
074 L001100 320
074 M001100 89
074 N001100 190481
074 O001100 659
074 P001100 0
074 Q001100 0
074 R011100 0
074 R021100 0
074 R031100 0
074 R041100 169
074 S001100 0
074 T001100 189653
074 U011100 6486
074 U021100 3001
074 V011100 20.00
074 V021100 0.00
074 W001100 0.0000
074 X001100 6983
<PAGE> PAGE 35
074 Y001100 0
075 A001100 0
075 B001100 140441
076 001100 0.00
025 A001201 MERRILL LYNCH
025 B001201 13-5674085
025 C001201 D
025 D001201 1534
025 A001202 FIRST BOSTON
025 B001202 13-5659485
025 C001202 D
025 D001202 1973
028 A011200 986
028 A021200 34
028 A031200 0
028 A041200 333
028 B011200 4021
028 B021200 502
028 B031200 0
028 B041200 580
028 C011200 3602
028 C021200 44
028 C031200 0
028 C041200 252
028 D011200 2455
028 D021200 46
028 D031200 0
028 D041200 6088
028 E011200 5086
028 E021200 59
028 E031200 0
028 E041200 1156
028 F011200 1323
028 F021200 56
028 F031200 0
028 F041200 694
028 G011200 17473
028 G021200 741
028 G031200 0
028 G041200 9103
028 H001200 0
034 001200 N
035 001200 0
036 B001200 0
042 A001200 0
042 B001200 0
042 C001200 0
042 D001200 0
042 E001200 0
042 F001200 0
042 G001200 0
<PAGE> PAGE 36
042 H001200 0
043 001200 0
044 001200 0
062 A001200 Y
062 B001200 0.0
062 C001200 0.0
062 D001200 2.0
062 E001200 0.0
062 F001200 0.0
062 G001200 0.0
062 H001200 0.0
062 I001200 0.0
062 J001200 0.0
062 K001200 0.0
062 L001200 0.0
062 M001200 37.5
062 N001200 16.7
062 O001200 0.0
062 P001200 31.2
062 Q001200 11.5
062 R001200 0.0
063 A001200 0
063 B001200 4.5
064 A001200 N
064 B001200 N
071 A001200 53233
071 B001200 41305
071 C001200 78593
071 D001200 53
072 A001200 12
072 B001200 5805
072 C001200 79
072 D001200 0
072 E001200 0
072 F001200 564
072 G001200 122
072 H001200 0
072 I001200 141
072 J001200 21
072 K001200 0
072 L001200 13
072 M001200 1
072 N001200 12
072 O001200 0
072 P001200 0
072 Q001200 0
072 R001200 3
072 S001200 1
072 T001200 0
072 U001200 2
072 V001200 0
<PAGE> PAGE 37
072 W001200 15
072 X001200 895
072 Y001200 171
072 Z001200 5160
072AA001200 601
072BB001200 0
072CC011200 0
072CC021200 1060
072DD011200 5150
072DD021200 0
072EE001200 464
073 A011200 0.5500
073 A021200 0.0000
073 B001200 0.0500
073 C001200 0.0000
074 A001200 0
074 B001200 1973
074 C001200 0
074 D001200 96455
074 E001200 906
074 F001200 0
074 G001200 0
074 H001200 0
074 I001200 0
074 J001200 0
074 K001200 0
074 L001200 1437
074 M001200 152
074 N001200 100923
074 O001200 0
074 P001200 0
074 Q001200 0
074 R011200 0
074 R021200 0
074 R031200 0
074 R041200 504
074 S001200 0
074 T001200 100419
074 U011200 10116
074 U021200 0
074 V011200 9.93
074 V021200 0.00
074 W001200 0.0000
074 X001200 4
074 Y001200 0
075 A001200 0
075 B001200 93920
076 001200 0.00
028 A011300 1438
028 A021300 100
028 A031300 0
<PAGE> PAGE 38
028 A041300 715
028 B011300 3001
028 B021300 892
028 B031300 0
028 B041300 611
028 C011300 2966
028 C021300 107
028 C031300 0
028 C041300 739
028 D011300 1392
028 D021300 101
028 D031300 0
028 D041300 743
028 E011300 6805
028 E021300 113
028 E031300 0
028 E041300 1656
028 F011300 2890
028 F021300 114
028 F031300 0
028 F041300 2954
028 G011300 18492
028 G021300 1427
028 G031300 0
028 G041300 7418
028 H001300 7168
029 001300 Y
030 A001300 341
030 B001300 4.50
030 C001300 0.00
031 A001300 341
031 B001300 0
032 001300 0
033 001300 0
034 001300 N
035 001300 0
036 B001300 0
042 A001300 0
042 B001300 0
042 C001300 0
042 D001300 0
042 E001300 0
042 F001300 0
042 G001300 0
042 H001300 100
043 001300 72
044 001300 0
058 A001300 N
059 001300 Y
060 A001300 N
060 B001300 N
<PAGE> PAGE 39
061 001300 500
062 A001300 Y
062 B001300 0.0
062 C001300 0.0
062 D001300 0.0
062 E001300 0.0
062 F001300 0.0
062 G001300 0.0
062 H001300 0.0
062 I001300 0.0
062 J001300 0.0
062 K001300 0.0
062 L001300 0.0
062 M001300 0.0
062 N001300 0.0
062 O001300 98.4
062 P001300 0.0
062 Q001300 0.0
062 R001300 0.0
063 A001300 0
063 B001300 8.9
064 A001300 N
064 B001300 N
071 A001300 51299
071 B001300 35274
071 C001300 114405
071 D001300 31
072 A001300 12
072 B001300 5984
072 C001300 0
072 D001300 0
072 E001300 0
072 F001300 762
072 G001300 152
072 H001300 0
072 I001300 176
072 J001300 18
072 K001300 0
072 L001300 16
072 M001300 1
072 N001300 7
072 O001300 0
072 P001300 0
072 Q001300 0
072 R001300 3
072 S001300 2
072 T001300 86
072 U001300 1
072 V001300 0
072 W001300 20
072 X001300 1244
<PAGE> PAGE 40
072 Y001300 306
072 Z001300 5046
072AA001300 897
072BB001300 0
072CC011300 484
072CC021300 0
072DD011300 3855
072DD021300 1192
072EE001300 787
073 A011300 0.4500
073 A021300 0.4300
073 B001300 0.1400
073 C001300 0.0000
074 A001300 0
074 B001300 0
074 C001300 0
074 D001300 125394
074 E001300 0
074 F001300 0
074 G001300 0
074 H001300 0
074 I001300 24
074 J001300 3729
074 K001300 0
074 L001300 2058
074 M001300 0
074 N001300 131205
074 O001300 2526
074 P001300 0
074 Q001300 0
074 R011300 0
074 R021300 0
074 R031300 0
074 R041300 1238
074 S001300 0
074 T001300 127441
074 U011300 9307
074 U021300 3173
074 V011300 10.21
074 V021300 10.21
074 W001300 0.0000
074 X001300 15
074 Y001300 0
075 A001300 0
075 B001300 117219
076 001300 0.00
028 A011400 3176
028 A021400 18
028 A031400 0
028 A041400 1347
028 B011400 2084
<PAGE> PAGE 41
028 B021400 1280
028 B031400 0
028 B041400 3430
028 C011400 1442
028 C021400 19
028 C031400 0
028 C041400 1678
028 D011400 2095
028 D021400 17
028 D031400 0
028 D041400 2042
028 E011400 2456
028 E021400 19
028 E031400 0
028 E041400 3243
028 F011400 8914
028 F021400 17
028 F031400 0
028 F041400 871
028 G011400 20167
028 G021400 1370
028 G031400 0
028 G041400 12611
028 H001400 1210
029 001400 Y
030 A001400 48
030 B001400 4.50
030 C001400 0.00
031 A001400 48
031 B001400 0
032 001400 0
033 001400 0
034 001400 N
035 001400 0
036 B001400 0
042 A001400 0
042 B001400 0
042 C001400 0
042 D001400 0
042 E001400 0
042 F001400 0
042 G001400 0
042 H001400 100
043 001400 7
044 001400 0
058 A001400 N
059 001400 Y
060 A001400 N
060 B001400 N
061 001400 500
062 A001400 Y
<PAGE> PAGE 42
062 B001400 0.0
062 C001400 0.0
062 D001400 0.0
062 E001400 0.0
062 F001400 0.0
062 G001400 0.0
062 H001400 0.0
062 I001400 0.0
062 J001400 0.0
062 K001400 0.0
062 L001400 0.0
062 M001400 0.0
062 N001400 0.0
062 O001400 98.2
062 P001400 0.0
062 Q001400 0.5
062 R001400 0.0
063 A001400 0
063 B001400 10.5
064 A001400 N
064 B001400 N
071 A001400 102257
071 B001400 94627
071 C001400 217742
071 D001400 43
072 A001400 12
072 B001400 10957
072 C001400 0
072 D001400 0
072 E001400 0
072 F001400 1443
072 G001400 289
072 H001400 0
072 I001400 333
072 J001400 38
072 K001400 0
072 L001400 35
072 M001400 3
072 N001400 9
072 O001400 0
072 P001400 0
072 Q001400 0
072 R001400 16
072 S001400 8
072 T001400 9
072 U001400 11
072 V001400 0
072 W001400 33
072 X001400 2227
072 Y001400 168
072 Z001400 8898
<PAGE> PAGE 43
072AA001400 1627
072BB001400 0
072CC011400 1420
072CC021400 0
072DD011400 8692
072DD021400 120
072EE001400 1264
073 A011400 0.4100
073 A021400 0.3900
073 B001400 0.1200
073 C001400 0.0000
074 A001400 0
074 B001400 0
074 C001400 0
074 D001400 224175
074 E001400 0
074 F001400 0
074 G001400 0
074 H001400 0
074 I001400 1244
074 J001400 0
074 K001400 0
074 L001400 3713
074 M001400 91
074 N001400 229223
074 O001400 0
074 P001400 0
074 Q001400 0
074 R011400 0
074 R021400 0
074 R031400 0
074 R041400 923
074 S001400 0
074 T001400 228300
074 U011400 21943
074 U021400 374
074 V011400 10.23
074 V021400 10.22
074 W001400 0.0000
074 X001400 30
074 Y001400 0
075 A001400 0
075 B001400 222000
076 001400 0.00
025 A001501 FIRST BOSTON
025 B001501 13-5659485
025 C001501 D
025 D001501 1802
025 D001502 0
025 D001503 0
025 D001504 0
<PAGE> PAGE 44
025 D001505 0
025 D001506 0
025 D001507 0
025 D001508 0
028 A011500 448
028 A021500 9
028 A031500 0
028 A041500 637
028 B011500 678
028 B021500 5931
028 B031500 0
028 B041500 672
028 C011500 465
028 C021500 10
028 C031500 0
028 C041500 859
028 D011500 235
028 D021500 9
028 D031500 0
028 D041500 1020
028 E011500 355
028 E021500 8
028 E031500 0
028 E041500 2079
028 F011500 89
028 F021500 12
028 F031500 0
028 F041500 1904
028 G011500 2270
028 G021500 5979
028 G031500 0
028 G041500 7171
028 H001500 367
029 001500 Y
030 A001500 26
030 B001500 4.75
030 C001500 0.00
031 A001500 26
031 B001500 0
032 001500 0
033 001500 0
034 001500 N
035 001500 0
036 B001500 0
042 A001500 0
042 B001500 0
042 C001500 0
042 D001500 0
042 E001500 0
042 F001500 0
042 G001500 0
<PAGE> PAGE 45
042 H001500 100
043 001500 9
044 001500 0
062 A001500 N
062 B001500 0.0
062 C001500 0.0
062 D001500 0.0
062 E001500 0.0
062 F001500 0.0
062 G001500 0.0
062 H001500 0.0
062 I001500 0.0
062 J001500 0.0
062 K001500 0.0
062 L001500 0.0
062 M001500 0.0
062 N001500 0.0
062 O001500 0.0
062 P001500 0.0
062 Q001500 0.0
062 R001500 0.0
071 A001500 55651
071 B001500 57790
071 C001500 99316
071 D001500 56
072 A001500 12
072 B001500 212
072 C001500 2908
072 D001500 0
072 E001500 0
072 F001500 724
072 G001500 134
072 H001500 0
072 I001500 155
072 J001500 14
072 K001500 0
072 L001500 14
072 M001500 1
072 N001500 11
072 O001500 0
072 P001500 0
072 Q001500 0
072 R001500 3
072 S001500 1
072 T001500 14
072 U001500 2
072 V001500 0
072 W001500 14
072 X001500 1087
072 Y001500 136
072 Z001500 2169
<PAGE> PAGE 46
072AA001500 1092
072BB001500 0
072CC011500 580
072CC021500 0
072DD011500 2101
072DD021500 68
072EE001500 5931
073 A011500 0.2500
073 A021500 0.2300
073 B001500 1.3800
073 C001500 0.0000
074 A001500 0
074 B001500 1802
074 C001500 0
074 D001500 0
074 E001500 5291
074 F001500 97753
074 G001500 0
074 H001500 0
074 I001500 999
074 J001500 16
074 K001500 0
074 L001500 285
074 M001500 0
074 N001500 106146
074 O001500 1076
074 P001500 0
074 Q001500 0
074 R011500 0
074 R021500 0
074 R031500 0
074 R041500 307
074 S001500 0
074 T001500 104763
074 U011500 8393
074 U021500 304
074 V011500 12.05
074 V021500 12.04
074 W001500 0.0000
074 X001500 28
074 Y001500 0
075 A001500 0
075 B001500 103461
076 001500 0.00
025 A001601 BEAR STEARNS
025 B001601 13-2975144
025 C001601 E
025 D001601 294
025 A001602 PAINE WEBBER
025 B001602 13-2760086
025 C001602 E
<PAGE> PAGE 47
025 D001602 584
025 A001603 FIRST BOSTON
025 B001603 13-5659485
025 C001603 D
025 D001603 6
025 D001604 0
025 D001605 0
025 D001606 0
025 D001607 0
025 D001608 0
028 A011600 1438
028 A021600 2338
028 A031600 0
028 A041600 474
028 B011600 564
028 B021600 0
028 B031600 0
028 B041600 525
028 C011600 1068
028 C021600 0
028 C031600 0
028 C041600 1555
028 D011600 1010
028 D021600 0
028 D031600 0
028 D041600 571
028 E011600 1610
028 E021600 0
028 E031600 0
028 E041600 594
028 F011600 235
028 F021600 0
028 F031600 0
028 F041600 1106
028 G011600 5925
028 G021600 2338
028 G031600 0
028 G041600 4825
028 H001600 0
034 001600 N
035 001600 0
036 B001600 0
062 A001600 N
062 B001600 0.0
062 C001600 0.0
062 D001600 0.0
062 E001600 0.0
062 F001600 0.0
062 G001600 0.0
062 H001600 0.0
062 I001600 0.0
<PAGE> PAGE 48
062 J001600 0.0
062 K001600 0.0
062 L001600 0.0
062 M001600 0.0
062 N001600 0.0
062 O001600 0.0
062 P001600 0.0
062 Q001600 0.0
062 R001600 0.0
071 A001600 38210
071 B001600 34551
071 C001600 55894
071 D001600 62
072 A001600 12
072 B001600 25
072 C001600 591
072 D001600 0
072 E001600 0
072 F001600 445
072 G001600 72
072 H001600 0
072 I001600 83
072 J001600 25
072 K001600 0
072 L001600 7
072 M001600 1
072 N001600 10
072 O001600 0
072 P001600 0
072 Q001600 0
072 R001600 2
072 S001600 1
072 T001600 0
072 U001600 2
072 V001600 0
072 W001600 11
072 X001600 659
072 Y001600 67
072 Z001600 24
072AA001600 5867
072BB001600 0
072CC011600 0
072CC021600 961
072DD011600 30
072DD021600 0
072EE001600 2330
073 A011600 0.0100
073 A021600 0.0000
073 B001600 0.5700
073 C001600 0.0000
074 A001600 0
<PAGE> PAGE 49
074 B001600 6
074 C001600 0
074 D001600 0
074 E001600 0
074 F001600 63725
074 G001600 0
074 H001600 0
074 I001600 0
074 J001600 269
074 K001600 0
074 L001600 40
074 M001600 0
074 N001600 64040
074 O001600 269
074 P001600 0
074 Q001600 0
074 R011600 0
074 R021600 0
074 R031600 0
074 R041600 123
074 S001600 0
074 T001600 63648
074 U011600 4329
074 U021600 0
074 V011600 14.70
074 V021600 0.00
074 W001600 0.0000
074 X001600 6
074 Y001600 0
075 A001600 0
075 B001600 55622
076 001600 0.00
025 A001801 MERRILL LYNCH
025 B001801 13-5674085
025 C001801 E
025 D001801 230
025 A001802 MORGAN STANLEY, DEAN WITTER
025 B001802 94-1671384
025 C001802 E
025 D001802 464
025 A001803 FIRST BOSTON
025 B001803 13-5659485
025 C001803 D
025 D001803 2356
025 A001804 LEHMAN BROTHERS
025 B001804 13-2927667
025 C001804 E
025 D001804 52
025 A001805 BEAR STEARNS
025 B001805 13-2975144
025 C001805 E
<PAGE> PAGE 50
025 D001805 34
025 D001806 0
025 D001807 0
025 D001808 0
028 A011800 4923
028 A021800 0
028 A031800 0
028 A041800 195
028 B011800 3543
028 B021800 961
028 B031800 0
028 B041800 317
028 C011800 1076
028 C021800 0
028 C031800 0
028 C041800 1648
028 D011800 1653
028 D021800 0
028 D031800 0
028 D041800 479
028 E011800 5486
028 E021800 167
028 E031800 0
028 E041800 4177
028 F011800 3484
028 F021800 0
028 F031800 0
028 F041800 1395
028 G011800 20165
028 G021800 1128
028 G031800 0
028 G041800 8211
028 H001800 3343
029 001800 Y
030 A001800 165
030 B001800 4.75
030 C001800 0.00
031 A001800 165
031 B001800 0
032 001800 0
033 001800 0
034 001800 N
035 001800 0
036 B001800 0
042 A001800 0
042 B001800 0
042 C001800 0
042 D001800 0
042 E001800 0
042 F001800 0
042 G001800 0
<PAGE> PAGE 51
042 H001800 100
043 001800 6
044 001800 0
062 A001800 N
062 B001800 0.0
062 C001800 0.0
062 D001800 0.0
062 E001800 0.0
062 F001800 0.0
062 G001800 0.0
062 H001800 0.0
062 I001800 0.0
062 J001800 0.0
062 K001800 0.0
062 L001800 0.0
062 M001800 0.0
062 N001800 0.0
062 O001800 0.0
062 P001800 0.0
062 Q001800 0.0
062 R001800 0.0
071 A001800 51852
071 B001800 22629
071 C001800 66472
071 D001800 34
072 A001800 12
072 B001800 52
072 C001800 913
072 D001800 0
072 E001800 0
072 F001800 135
072 G001800 88
072 H001800 0
072 I001800 101
072 J001800 37
072 K001800 0
072 L001800 11
072 M001800 1
072 N001800 19
072 O001800 0
072 P001800 0
072 Q001800 0
072 R001800 3
072 S001800 2
072 T001800 10
072 U001800 2
072 V001800 0
072 W001800 15
072 X001800 424
072 Y001800 260
072 Z001800 801
<PAGE> PAGE 52
072AA001800 1263
072BB001800 0
072CC011800 14031
072CC021800 0
072DD011800 763
072DD021800 24
072EE001800 791
073 A011800 0.1400
073 A021800 0.1100
073 B001800 0.2600
073 C001800 0.0000
074 A001800 0
074 B001800 2356
074 C001800 0
074 D001800 0
074 E001800 0
074 F001800 87780
074 G001800 0
074 H001800 0
074 I001800 2725
074 J001800 0
074 K001800 0
074 L001800 143
074 M001800 200
074 N001800 93204
074 O001800 1296
074 P001800 0
074 Q001800 0
074 R011800 0
074 R021800 0
074 R031800 0
074 R041800 23
074 S001800 0
074 T001800 91885
074 U011800 6267
074 U021800 359
074 V011800 13.87
074 V021800 13.84
074 W001800 0.0000
074 X001800 57
074 Y001800 0
075 A001800 0
075 B001800 67480
076 001800 0.00
025 A001901 FIRST BOSTON
025 B001901 13-5659485
025 C001901 D
025 D001901 1230
025 D001902 0
025 D001903 0
025 D001904 0
<PAGE> PAGE 53
025 D001905 0
025 D001906 0
025 D001907 0
025 D001908 0
028 A011900 335
028 A021900 160
028 A031900 0
028 A041900 249
028 B011900 1389
028 B021900 446
028 B031900 0
028 B041900 1257
028 C011900 469
028 C021900 288
028 C031900 0
028 C041900 8175
028 D011900 474
028 D021900 0
028 D031900 0
028 D041900 72
028 E011900 356
028 E021900 0
028 E031900 0
028 E041900 7204
028 F011900 755
028 F021900 0
028 F031900 0
028 F041900 651
028 G011900 3778
028 G021900 894
028 G031900 0
028 G041900 17608
028 H001900 0
034 001900 N
035 001900 0
036 B001900 0
042 A001900 0
042 B001900 0
042 C001900 0
042 D001900 0
042 E001900 0
042 F001900 0
042 G001900 0
042 H001900 100
043 001900 3
044 001900 0
062 A001900 N
062 B001900 0.0
062 C001900 0.0
062 D001900 0.0
062 E001900 0.0
<PAGE> PAGE 54
062 F001900 0.0
062 G001900 0.0
062 H001900 0.0
062 I001900 0.0
062 J001900 0.0
062 K001900 0.0
062 L001900 0.0
062 M001900 0.0
062 N001900 0.0
062 O001900 0.0
062 P001900 0.0
062 Q001900 0.0
062 R001900 0.0
071 A001900 34668
071 B001900 46477
071 C001900 34035
071 D001900 102
072 A001900 12
072 B001900 79
072 C001900 606
072 D001900 0
072 E001900 0
072 F001900 233
072 G001900 47
072 H001900 0
072 I001900 54
072 J001900 15
072 K001900 0
072 L001900 5
072 M001900 0
072 N001900 10
072 O001900 0
072 P001900 0
072 Q001900 0
072 R001900 3
072 S001900 1
072 T001900 5
072 U001900 2
072 V001900 0
072 W001900 5
072 X001900 380
072 Y001900 64
072 Z001900 369
072AA001900 1446
072BB001900 0
072CC011900 0
072CC021900 3646
072DD011900 350
072DD021900 11
072EE001900 593
073 A011900 0.1800
<PAGE> PAGE 55
073 A021900 0.1700
073 B001900 0.1900
073 C001900 0.0000
074 A001900 0
074 B001900 1230
074 C001900 0
074 D001900 0
074 E001900 0
074 F001900 0
074 G001900 0
074 H001900 0
074 I001900 23955
074 J001900 0
074 K001900 0
074 L001900 0
074 M001900 14
074 N001900 25199
074 O001900 0
074 P001900 0
074 Q001900 0
074 R011900 0
074 R021900 0
074 R031900 0
074 R041900 17
074 S001900 0
074 T001900 25182
074 U011900 2122
074 U021900 134
074 V011900 11.16
074 V021900 11.16
074 W001900 0.0000
074 X001900 35
074 Y001900 0
075 A001900 0
075 B001900 35834
076 001900 0.00
025 A002001 FIRST BOSTON
025 B002001 13-5659485
025 C002001 D
025 D002001 6192
025 D002002 0
025 D002003 0
025 D002004 0
025 D002005 0
025 D002006 0
025 D002007 0
025 D002008 0
028 A012000 3282
028 A022000 347
028 A032000 0
028 A042000 4419
<PAGE> PAGE 56
028 B012000 2238
028 B022000 365
028 B032000 0
028 B042000 4181
028 C012000 7384
028 C022000 365
028 C032000 0
028 C042000 3216
028 D012000 1609
028 D022000 348
028 D032000 0
028 D042000 5806
028 E012000 4545
028 E022000 393
028 E032000 0
028 E042000 5973
028 F012000 2619
028 F022000 380
028 F032000 0
028 F042000 3751
028 G012000 21677
028 G022000 2198
028 G032000 0
028 G042000 27346
028 H002000 0
034 002000 N
035 002000 0
036 B002000 0
042 A002000 0
042 B002000 0
042 C002000 0
042 D002000 0
042 E002000 0
042 F002000 0
042 G002000 0
042 H002000 100
043 002000 3
044 002000 0
062 A002000 Y
062 B002000 0.0
062 C002000 0.0
062 D002000 2.4
062 E002000 0.0
062 F002000 0.0
062 G002000 0.0
062 H002000 0.0
062 I002000 0.0
062 J002000 0.0
062 K002000 0.0
062 L002000 0.0
062 M002000 21.5
<PAGE> PAGE 57
062 N002000 50.1
062 O002000 0.0
062 P002000 19.7
062 Q002000 6.4
062 R002000 0.0
063 A002000 0
063 B002000 6.0
071 A002000 239949
071 B002000 243830
071 C002000 235238
071 D002000 102
072 A002000 12
072 B002000 16533
072 C002000 325
072 D002000 0
072 E002000 0
072 F002000 1986
072 G002000 344
072 H002000 0
072 I002000 397
072 J002000 48
072 K002000 0
072 L002000 39
072 M002000 3
072 N002000 16
072 O002000 0
072 P002000 0
072 Q002000 0
072 R002000 19
072 S002000 8
072 T002000 3
072 U002000 8
072 V002000 0
072 W002000 34
072 X002000 2905
072 Y002000 434
072 Z002000 14387
072AA002000 0
072BB002000 243
072CC012000 0
072CC022000 1367
072DD012000 14354
072DD022000 44
072EE002000 0
073 A012000 0.5400
073 A022000 0.5400
073 B002000 0.0000
073 C002000 0.0000
074 A002000 0
074 B002000 6192
074 C002000 0
<PAGE> PAGE 58
074 D002000 184371
074 E002000 3625
074 F002000 0
074 G002000 0
074 H002000 0
074 I002000 63753
074 J002000 0
074 K002000 0
074 L002000 2975
074 M002000 16
074 N002000 260932
074 O002000 1994
074 P002000 0
074 Q002000 0
074 R012000 0
074 R022000 0
074 R032000 0
074 R042000 1369
074 S002000 0
074 T002000 257569
074 U012000 26100
074 U022000 229
074 V012000 9.78
074 V022000 9.79
074 W002000 0.0000
074 X002000 28
074 Y002000 0
075 A002000 0
075 B002000 264856
076 002000 0.00
025 A002101 FIRST BOSTON
025 B002101 13-5659485
025 C002101 D
025 D002101 10637
028 A012100 3139
028 A022100 24044
028 A032100 0
028 A042100 5559
028 B012100 2131
028 B022100 6088
028 B032100 0
028 B042100 14769
028 C012100 1478
028 C022100 0
028 C032100 0
028 C042100 20928
028 D012100 826
028 D022100 0
028 D032100 0
028 D042100 7877
028 E012100 413
<PAGE> PAGE 59
028 E022100 177
028 E032100 0
028 E042100 63371
028 F012100 1517
028 F022100 0
028 F032100 0
028 F042100 15169
028 G012100 9503
028 G022100 30309
028 G032100 0
028 G042100 127673
028 H002100 730
029 002100 Y
030 A002100 31
030 B002100 4.75
030 C002100 0.00
031 A002100 31
031 B002100 0
032 002100 0
033 002100 0
034 002100 N
035 002100 0
036 B002100 0
042 A002100 0
042 B002100 0
042 C002100 0
042 D002100 0
042 E002100 0
042 F002100 0
042 G002100 0
042 H002100 100
043 002100 5
044 002100 0
062 A002100 N
062 B002100 0.0
062 C002100 0.0
062 D002100 0.0
062 E002100 0.0
062 F002100 0.0
062 G002100 0.0
062 H002100 0.0
062 I002100 0.0
062 J002100 0.0
062 K002100 0.0
062 L002100 0.0
062 M002100 0.0
062 N002100 0.0
062 O002100 0.0
062 P002100 0.0
062 Q002100 0.0
062 R002100 0.0
<PAGE> PAGE 60
071 A002100 182844
071 B002100 299150
071 C002100 567668
071 D002100 32
072 A002100 12
072 B002100 911
072 C002100 9285
072 D002100 0
072 E002100 0
072 F002100 5914
072 G002100 769
072 H002100 0
072 I002100 888
072 J002100 94
072 K002100 0
072 L002100 84
072 M002100 8
072 N002100 10
072 O002100 0
072 P002100 0
072 Q002100 0
072 R002100 42
072 S002100 18
072 T002100 9
072 U002100 9
072 V002100 0
072 W002100 82
072 X002100 7927
072 Y002100 1156
072 Z002100 3425
072AA002100 54074
072BB002100 0
072CC012100 0
072CC022100 2152
072DD012100 3675
072DD022100 12
072EE002100 29875
073 A012100 0.0900
073 A022100 0.1000
073 B002100 2.1600
073 C002100 0.0000
074 A002100 0
074 B002100 10637
074 C002100 0
074 D002100 0
074 E002100 0
074 F002100 531794
074 G002100 0
074 H002100 0
074 I002100 0
074 J002100 0
<PAGE> PAGE 61
074 K002100 0
074 L002100 394
074 M002100 20
074 N002100 542845
074 O002100 248
074 P002100 0
074 Q002100 0
074 R012100 0
074 R022100 0
074 R032100 0
074 R042100 2053
074 S002100 0
074 T002100 540544
074 U012100 35268
074 U022100 244
074 V012100 15.22
074 V022100 0.00
074 W002100 0.0000
074 X002100 403
074 Y002100 0
075 A002100 0
075 B002100 591375
076 002100 0.00
025 A002201 GOLDMAN SACHS
025 B002201 13-5108880
025 C002201 D
025 D002201 5001
025 A002202 LEHMAN BROTHERS
025 B002202 13-2927667
025 C002202 D
025 D002202 5518
025 A002203 FIRST BOSTON
025 B002203 13-5659485
025 C002203 D
025 D002203 5370
028 A012200 3802
028 A022200 336
028 A032200 0
028 A042200 1060
028 B012200 1327
028 B022200 328
028 B032200 0
028 B042200 8781
028 C012200 1258
028 C022200 313
028 C032200 0
028 C042200 2924
028 D012200 2360
028 D022200 289
028 D032200 0
028 D042200 6882
<PAGE> PAGE 62
028 E012200 1718
028 E022200 304
028 E032200 0
028 E042200 3822
028 F012200 2337
028 F022200 281
028 F032200 0
028 F042200 13740
028 G012200 12802
028 G022200 1851
028 G032200 0
028 G042200 37209
028 H002200 0
034 002200 N
035 002200 0
036 B002200 0
062 A002200 Y
062 B002200 13.6
062 C002200 0.0
062 D002200 4.8
062 E002200 0.0
062 F002200 0.0
062 G002200 0.0
062 H002200 0.0
062 I002200 0.0
062 J002200 0.0
062 K002200 0.0
062 L002200 0.0
062 M002200 0.0
062 N002200 5.8
062 O002200 0.0
062 P002200 45.6
062 Q002200 29.4
062 R002200 0.0
063 A002200 0
063 B002200 2.0
071 A002200 88677
071 B002200 104354
071 C002200 100382
071 D002200 91
072 A002200 12
072 B002200 8020
072 C002200 0
072 D002200 0
072 E002200 0
072 F002200 984
072 G002200 171
072 H002200 0
072 I002200 197
072 J002200 33
072 K002200 0
<PAGE> PAGE 63
072 L002200 19
072 M002200 1
072 N002200 10
072 O002200 0
072 P002200 0
072 Q002200 0
072 R002200 10
072 S002200 4
072 T002200 0
072 U002200 8
072 V002200 0
072 W002200 19
072 X002200 1456
072 Y002200 184
072 Z002200 6748
072AA002200 360
072BB002200 0
072CC012200 0
072CC022200 402
072DD012200 6338
072DD022200 0
072EE002200 0
073 A012200 0.5100
073 A022200 0.0000
073 B002200 0.0000
073 C002200 0.0000
074 A002200 0
074 B002200 5370
074 C002200 0
074 D002200 21596
074 E002200 0
074 F002200 0
074 G002200 0
074 H002200 0
074 I002200 83330
074 J002200 374
074 K002200 0
074 L002200 1147
074 M002200 272
074 N002200 112089
074 O002200 373
074 P002200 0
074 Q002200 0
074 R012200 0
074 R022200 0
074 R032200 0
074 R042200 589
074 S002200 0
074 T002200 111127
074 U012200 11177
074 U022200 0
<PAGE> PAGE 64
074 V012200 9.94
074 V022200 0.00
074 W002200 0.0000
074 X002200 18
074 Y002200 0
075 A002200 0
075 B002200 131197
076 002200 0.00
SIGNATURE JIM VOLK
TITLE CONTROLLER
The Board of Trustees
ARK Funds:
In planning and performing our audit of the financial
statements of Money Market Portfolio, Tax-Free Money Market
Portfolio, U.S. Government Money Market Portfolio, U.S.
Treasury Money Market Portfolio, Short-Term Treasury Portfolio,
Short-Term Bond Portfolio, Maryland Tax-Free Portfolio,
Pennsylvania Tax-Free Portfolio, Income Portfolio, Intermediate
Fixed Income Portfolio, U.S. Government Bond Portfolio,
Balanced Portfolio, Equity Income Portfolio, Value
Equity Portfolio, Equity Index Portfolio, Small-Cap Equity
Portfolio, Blue Chip Equity Portfolio, Capital Growth
Portfolio, Mid-Cap Equity Portfolio, and International
Equity Selection Portfolio, portfolios of ARK Funds,
(the "Portfolios") for the year ended April 30, 1999, we
considered its internal control, including control activities
for safeguarding securities, in order to determine our
auditing procedures for the purpose of expressing our opinion
on the financial statements and to comply with the requirements
of Form N-SAR, not to provide assurance on internal control.
The management of the Portfolios is responsible for
establishing and maintaining internal control. In
fulfilling this responsibility, estimates and judgments
by management are required to assess the expected benefits
and related costs of controls. Generally, controls that
are relevant to an audit pertain to the entity's objective
of preparing financial statements for external purposes
that are fairly presented in conformity with generally
accepted accounting principles. Those controls include the
safeguarding of assets against unauthorized acquisition,
use or disposition.
Because of inherent limitations in internal control,
errors or irregularities may occur and not be detected.
Also, projection of any evaluation of internal control to
future periods is subject to the risks that it may become
inadequate because of changes in conditions or that the
effectiveness of the design and operation may deteriorate.
Our consideration of internal control would not necessarily
disclose all matters in internal control that might be
material weaknesses under standards established by the
American Institute of Certified Public Accountants. A
material weakness is a condition in which the design or
operation of one or more of the internal control components
does not reduce to a relatively low level the risk that
errors or irregularities in amounts that would be material
in relation to the financial statements being audited may
occur and not be detected within a timely period by
employees in the normal course of performing their assigned
functions. However, we noted no matters involving internal
control and its operation, including controls for
safeguarding securities, that we consider to be material
weaknesses as defined above.
This report is intended solely for the information and
use of management, the Board of Trustees of the ARK Funds
and the Securities and Exchange Commission and is not
intended and should not be used by anyone other than these
specified parties.
Boston, Massachusetts
May 28, 1999
KPMG LLP
Independent Auditors' Report
REPORT ON INTERNAL CONTROL
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 010
<NAME> U.S. TREASURY MONEY MARKET INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 446145
<INVESTMENTS-AT-VALUE> 446145
<RECEIVABLES> 4420
<ASSETS-OTHER> 62
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 450627
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1812
<TOTAL-LIABILITIES> 1812
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 448802
<SHARES-COMMON-STOCK> 289938
<SHARES-COMMON-PRIOR> 262707
<ACCUMULATED-NII-CURRENT> 45
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (32)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 448815
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 21172
<OTHER-INCOME> 0
<EXPENSES-NET> (2057)
<NET-INVESTMENT-INCOME> 19115
<REALIZED-GAINS-CURRENT> 18
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 19133
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (12857)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 374307
<NUMBER-OF-SHARES-REDEEMED> (347083)
<SHARES-REINVESTED> 6
<NET-CHANGE-IN-ASSETS> 27243
<ACCUMULATED-NII-PRIOR> 44
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (50)
<GROSS-ADVISORY-FEES> 1076
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2579
<AVERAGE-NET-ASSETS> 430434
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .04
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.04)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .45
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 011
<NAME> U.S. TREASURY MONEY MARKET RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 446145
<INVESTMENTS-AT-VALUE> 446145
<RECEIVABLES> 4420
<ASSETS-OTHER> 62
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 450627
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1812
<TOTAL-LIABILITIES> 1812
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 448802
<SHARES-COMMON-STOCK> 19632
<SHARES-COMMON-PRIOR> 35305
<ACCUMULATED-NII-CURRENT> 45
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (32)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 448815
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 21172
<OTHER-INCOME> 0
<EXPENSES-NET> (2057)
<NET-INVESTMENT-INCOME> 19115
<REALIZED-GAINS-CURRENT> 18
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 19133
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1205)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 41393
<NUMBER-OF-SHARES-REDEEMED> (57939)
<SHARES-REINVESTED> 874
<NET-CHANGE-IN-ASSETS> (15670)
<ACCUMULATED-NII-PRIOR> 44
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (50)
<GROSS-ADVISORY-FEES> 1076
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2579
<AVERAGE-NET-ASSETS> 430434
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .04
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.04)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .69
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 012
<NAME> U.S. TREASURY MONEY MARKET INSTITUTIONAL II CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 446145
<INVESTMENTS-AT-VALUE> 446145
<RECEIVABLES> 4420
<ASSETS-OTHER> 62
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 450627
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1812
<TOTAL-LIABILITIES> 1812
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 448802
<SHARES-COMMON-STOCK> 139265
<SHARES-COMMON-PRIOR> 94859
<ACCUMULATED-NII-CURRENT> 45
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (32)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 448815
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 21172
<OTHER-INCOME> 0
<EXPENSES-NET> (2057)
<NET-INVESTMENT-INCOME> 19115
<REALIZED-GAINS-CURRENT> 18
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 19133
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5053)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 375294
<NUMBER-OF-SHARES-REDEEMED> (330888)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 44409
<ACCUMULATED-NII-PRIOR> 44
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (50)
<GROSS-ADVISORY-FEES> 1076
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2579
<AVERAGE-NET-ASSETS> 430434
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .04
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.04)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .50
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 020
<NAME> U.S. GOVERNMENT MONEY MARKET INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 1699760
<INVESTMENTS-AT-VALUE> 1699760
<RECEIVABLES> 6600
<ASSETS-OTHER> 12
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1706372
<PAYABLE-FOR-SECURITIES> 24971
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7156
<TOTAL-LIABILITIES> 32127
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1674116
<SHARES-COMMON-STOCK> 1428044
<SHARES-COMMON-PRIOR> 1285827
<ACCUMULATED-NII-CURRENT> 161
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (32)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1674245
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 87637
<OTHER-INCOME> 0
<EXPENSES-NET> (6915)
<NET-INVESTMENT-INCOME> 80722
<REALIZED-GAINS-CURRENT> (1)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 80721
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (69381)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2187318
<NUMBER-OF-SHARES-REDEEMED> (2045108)
<SHARES-REINVESTED> 6
<NET-CHANGE-IN-ASSETS> 142224
<ACCUMULATED-NII-PRIOR> 150
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (31)
<GROSS-ADVISORY-FEES> 4172
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 10009
<AVERAGE-NET-ASSETS> 1668947
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.05)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .40
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 021
<NAME> U.S. GOVERNMENT MONEY MARKET RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 1699760
<INVESTMENTS-AT-VALUE> 1699760
<RECEIVABLES> 6600
<ASSETS-OTHER> 12
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1706372
<PAYABLE-FOR-SECURITIES> 24971
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7156
<TOTAL-LIABILITIES> 32127
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1674116
<SHARES-COMMON-STOCK> 104036
<SHARES-COMMON-PRIOR> 78266
<ACCUMULATED-NII-CURRENT> 161
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (32)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1674245
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 87637
<OTHER-INCOME> 0
<EXPENSES-NET> (6915)
<NET-INVESTMENT-INCOME> 80722
<REALIZED-GAINS-CURRENT> (1)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 80721
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4222)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 448117
<NUMBER-OF-SHARES-REDEEMED> (422346)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 25772
<ACCUMULATED-NII-PRIOR> 150
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (31)
<GROSS-ADVISORY-FEES> 4172
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 10009
<AVERAGE-NET-ASSETS> 1668947
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.05)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .64
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 022
<NAME> U.S. GOVERNMENT MONEY MARKET INSTITUTIONAL II
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 1699760
<INVESTMENTS-AT-VALUE> 1699760
<RECEIVABLES> 6600
<ASSETS-OTHER> 12
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1706372
<PAYABLE-FOR-SECURITIES> 24971
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7156
<TOTAL-LIABILITIES> 32127
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1674116
<SHARES-COMMON-STOCK> 142145
<SHARES-COMMON-PRIOR> 91630
<ACCUMULATED-NII-CURRENT> 161
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (32)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1674245
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 87637
<OTHER-INCOME> 0
<EXPENSES-NET> (6915)
<NET-INVESTMENT-INCOME> 80722
<REALIZED-GAINS-CURRENT> (1)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 80721
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7109)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 668319
<NUMBER-OF-SHARES-REDEEMED> (617804)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 50515
<ACCUMULATED-NII-PRIOR> 150
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (31)
<GROSS-ADVISORY-FEES> 4172
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 10009
<AVERAGE-NET-ASSETS> 1668947
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.05)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .45
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 030
<NAME> MONEY MARKET INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 999462
<INVESTMENTS-AT-VALUE> 999462
<RECEIVABLES> 6823
<ASSETS-OTHER> 848
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1007133
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4437
<TOTAL-LIABILITIES> 4437
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1002639
<SHARES-COMMON-STOCK> 527107
<SHARES-COMMON-PRIOR> 226423
<ACCUMULATED-NII-CURRENT> 64
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1002696
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 42281
<OTHER-INCOME> 0
<EXPENSES-NET> (3570)
<NET-INVESTMENT-INCOME> 38711
<REALIZED-GAINS-CURRENT> 10
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 38721
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (19775)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 971963
<NUMBER-OF-SHARES-REDEEMED> (671287)
<SHARES-REINVESTED> 9
<NET-CHANGE-IN-ASSETS> 300693
<ACCUMULATED-NII-PRIOR> 63
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (17)
<GROSS-ADVISORY-FEES> 1959
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5187
<AVERAGE-NET-ASSETS> 783722
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.05)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .38
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 031
<NAME> MONEY MARKET RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 999462
<INVESTMENTS-AT-VALUE> 999462
<RECEIVABLES> 6823
<ASSETS-OTHER> 848
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1007133
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4437
<TOTAL-LIABILITIES> 4437
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1002639
<SHARES-COMMON-STOCK> 246490
<SHARES-COMMON-PRIOR> 188045
<ACCUMULATED-NII-CURRENT> 64
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1002696
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 42281
<OTHER-INCOME> 0
<EXPENSES-NET> (3570)
<NET-INVESTMENT-INCOME> 38711
<REALIZED-GAINS-CURRENT> 10
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 38721
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (10377)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 181887
<NUMBER-OF-SHARES-REDEEMED> (133624)
<SHARES-REINVESTED> 10182
<NET-CHANGE-IN-ASSETS> 58448
<ACCUMULATED-NII-PRIOR> 63
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (17)
<GROSS-ADVISORY-FEES> 1959
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5187
<AVERAGE-NET-ASSETS> 783722
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.05)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .62
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 032
<NAME> MONEY MARKET INSTITUTIONAL II
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 999462
<INVESTMENTS-AT-VALUE> 999462
<RECEIVABLES> 6823
<ASSETS-OTHER> 848
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1007133
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4437
<TOTAL-LIABILITIES> 4437
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1002639
<SHARES-COMMON-STOCK> 229049
<SHARES-COMMON-PRIOR> 82295
<ACCUMULATED-NII-CURRENT> 64
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1002696
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 42281
<OTHER-INCOME> 0
<EXPENSES-NET> (3570)
<NET-INVESTMENT-INCOME> 38711
<REALIZED-GAINS-CURRENT> 10
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 38721
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (8559)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 547301
<NUMBER-OF-SHARES-REDEEMED> (400547)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 146753
<ACCUMULATED-NII-PRIOR> 63
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (17)
<GROSS-ADVISORY-FEES> 1959
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5187
<AVERAGE-NET-ASSETS> 783722
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.05)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .43
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 033
<NAME> MONEY MARKET RETAIL B
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 999462
<INVESTMENTS-AT-VALUE> 999462
<RECEIVABLES> 6823
<ASSETS-OTHER> 848
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1007133
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4437
<TOTAL-LIABILITIES> 4437
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1002639
<SHARES-COMMON-STOCK> 22
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 64
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (7)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1002696
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 42281
<OTHER-INCOME> 0
<EXPENSES-NET> (3570)
<NET-INVESTMENT-INCOME> 38711
<REALIZED-GAINS-CURRENT> 10
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 38721
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 22
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 22
<ACCUMULATED-NII-PRIOR> 63
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (17)
<GROSS-ADVISORY-FEES> 1959
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5187
<AVERAGE-NET-ASSETS> 783722
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.01)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 1.30
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 040
<NAME> TAX-FREE MONEY MARKET INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 153976
<INVESTMENTS-AT-VALUE> 153976
<RECEIVABLES> 1272
<ASSETS-OTHER> 170
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 155418
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 438
<TOTAL-LIABILITIES> 438
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 154967
<SHARES-COMMON-STOCK> 77898
<SHARES-COMMON-PRIOR> 90446
<ACCUMULATED-NII-CURRENT> 13
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 154980
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5165
<OTHER-INCOME> 0
<EXPENSES-NET> (653)
<NET-INVESTMENT-INCOME> 4512
<REALIZED-GAINS-CURRENT> (1)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 4512
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2499)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 97664
<NUMBER-OF-SHARES-REDEEMED> (110212)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (12550)
<ACCUMULATED-NII-PRIOR> 12
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 392
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1000
<AVERAGE-NET-ASSETS> 156716
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .36
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 041
<NAME> TAX-FREE MONEY MARKET RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 153976
<INVESTMENTS-AT-VALUE> 153976
<RECEIVABLES> 1272
<ASSETS-OTHER> 170
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 155418
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 438
<TOTAL-LIABILITIES> 438
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 154967
<SHARES-COMMON-STOCK> 33507
<SHARES-COMMON-PRIOR> 25144
<ACCUMULATED-NII-CURRENT> 13
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 154980
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5165
<OTHER-INCOME> 0
<EXPENSES-NET> (653)
<NET-INVESTMENT-INCOME> 4512
<REALIZED-GAINS-CURRENT> (1)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 4512
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (732)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 66991
<NUMBER-OF-SHARES-REDEEMED> (59358)
<SHARES-REINVESTED> 730
<NET-CHANGE-IN-ASSETS> 8365
<ACCUMULATED-NII-PRIOR> 12
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 392
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1000
<AVERAGE-NET-ASSETS> 156716
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .60
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 042
<NAME> TAX-FREE MONEY MARKET INSTITUTIONAL II
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 153976
<INVESTMENTS-AT-VALUE> 153976
<RECEIVABLES> 1272
<ASSETS-OTHER> 170
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 155418
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 438
<TOTAL-LIABILITIES> 438
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 154967
<SHARES-COMMON-STOCK> 43575
<SHARES-COMMON-PRIOR> 29473
<ACCUMULATED-NII-CURRENT> 13
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 154980
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5165
<OTHER-INCOME> 0
<EXPENSES-NET> (653)
<NET-INVESTMENT-INCOME> 4512
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 4512
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1281)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 146937
<NUMBER-OF-SHARES-REDEEMED> (132836)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 14101
<ACCUMULATED-NII-PRIOR> 12
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 392
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1000
<AVERAGE-NET-ASSETS> 156716
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .41
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 050
<NAME> INCOME INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 432725
<INVESTMENTS-AT-VALUE> 435308
<RECEIVABLES> 5357
<ASSETS-OTHER> 1091
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 441756
<PAYABLE-FOR-SECURITIES> 74294
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2127
<TOTAL-LIABILITIES> 76421
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 364781
<SHARES-COMMON-STOCK> 35352
<SHARES-COMMON-PRIOR> 31454
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (16)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (2013)
<ACCUM-APPREC-OR-DEPREC> 2583
<NET-ASSETS> 365335
<DIVIDEND-INCOME> 355
<INTEREST-INCOME> 22424
<OTHER-INCOME> 0
<EXPENSES-NET> (2724)
<NET-INVESTMENT-INCOME> 20055
<REALIZED-GAINS-CURRENT> (1205)
<APPREC-INCREASE-CURRENT> (4352)
<NET-CHANGE-FROM-OPS> 14498
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (19650)
<DISTRIBUTIONS-OF-GAINS> (135)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6702
<NUMBER-OF-SHARES-REDEEMED> (4115)
<SHARES-REINVESTED> 1311
<NET-CHANGE-IN-ASSETS> 34178
<ACCUMULATED-NII-PRIOR> 25
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (670)
<GROSS-ADVISORY-FEES> 2086
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3290
<AVERAGE-NET-ASSETS> 347758
<PER-SHARE-NAV-BEGIN> 10.25
<PER-SHARE-NII> .59
<PER-SHARE-GAIN-APPREC> (.17)
<PER-SHARE-DIVIDEND> (.59)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.08
<EXPENSE-RATIO> .78
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 051
<NAME> INCOME RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 432725
<INVESTMENTS-AT-VALUE> 435308
<RECEIVABLES> 5357
<ASSETS-OTHER> 1091
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 441756
<PAYABLE-FOR-SECURITIES> 74294
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2127
<TOTAL-LIABILITIES> 76421
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 364781
<SHARES-COMMON-STOCK> 841
<SHARES-COMMON-PRIOR> 664
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (16)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (2013)
<ACCUM-APPREC-OR-DEPREC> 2583
<NET-ASSETS> 365335
<DIVIDEND-INCOME> 355
<INTEREST-INCOME> 22424
<OTHER-INCOME> 0
<EXPENSES-NET> (2724)
<NET-INVESTMENT-INCOME> 20055
<REALIZED-GAINS-CURRENT> (1205)
<APPREC-INCREASE-CURRENT> (4352)
<NET-CHANGE-FROM-OPS> 14498
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (442)
<DISTRIBUTIONS-OF-GAINS> (3)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 266
<NUMBER-OF-SHARES-REDEEMED> (129)
<SHARES-REINVESTED> 39
<NET-CHANGE-IN-ASSETS> 1684
<ACCUMULATED-NII-PRIOR> 25
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (670)
<GROSS-ADVISORY-FEES> 2086
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3290
<AVERAGE-NET-ASSETS> 347758
<PER-SHARE-NAV-BEGIN> 10.37
<PER-SHARE-NII> .58
<PER-SHARE-GAIN-APPREC> (.16)
<PER-SHARE-DIVIDEND> (.59)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.20
<EXPENSE-RATIO> .95
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 052
<NAME> INCOME RETAIL B
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> SEP-14-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 432725
<INVESTMENTS-AT-VALUE> 435308
<RECEIVABLES> 5357
<ASSETS-OTHER> 1091
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 441756
<PAYABLE-FOR-SECURITIES> 74294
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2127
<TOTAL-LIABILITIES> 76421
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 364781
<SHARES-COMMON-STOCK> 28
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (16)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (2013)
<ACCUM-APPREC-OR-DEPREC> 2583
<NET-ASSETS> 365335
<DIVIDEND-INCOME> 355
<INTEREST-INCOME> 22424
<OTHER-INCOME> 0
<EXPENSES-NET> (2724)
<NET-INVESTMENT-INCOME> 20055
<REALIZED-GAINS-CURRENT> (1205)
<APPREC-INCREASE-CURRENT> (4352)
<NET-CHANGE-FROM-OPS> 14498
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 30
<NUMBER-OF-SHARES-REDEEMED> (3)
<SHARES-REINVESTED> 1
<NET-CHANGE-IN-ASSETS> 280
<ACCUMULATED-NII-PRIOR> 25
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (670)
<GROSS-ADVISORY-FEES> 2086
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3290
<AVERAGE-NET-ASSETS> 347758
<PER-SHARE-NAV-BEGIN> 10.40
<PER-SHARE-NII> .35
<PER-SHARE-GAIN-APPREC> (.32)
<PER-SHARE-DIVIDEND> (.35)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.08
<EXPENSE-RATIO> 1.70
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 060
<NAME> BALANCED INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 112516
<INVESTMENTS-AT-VALUE> 146844
<RECEIVABLES> 1002
<ASSETS-OTHER> 80
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 147926
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 125
<TOTAL-LIABILITIES> 125
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 107397
<SHARES-COMMON-STOCK> 8085
<SHARES-COMMON-PRIOR> 7315
<ACCUMULATED-NII-CURRENT> 249
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5827
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 34328
<NET-ASSETS> 147801
<DIVIDEND-INCOME> 711
<INTEREST-INCOME> 3036
<OTHER-INCOME> 0
<EXPENSES-NET> (1113)
<NET-INVESTMENT-INCOME> 2634
<REALIZED-GAINS-CURRENT> 6985
<APPREC-INCREASE-CURRENT> 12888
<NET-CHANGE-FROM-OPS> 22507
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2218)
<DISTRIBUTIONS-OF-GAINS> (4969)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1998
<NUMBER-OF-SHARES-REDEEMED> (1756)
<SHARES-REINVESTED> 529
<NET-CHANGE-IN-ASSETS> 21537
<ACCUMULATED-NII-PRIOR> 222
<ACCUMULATED-GAINS-PRIOR> 4731
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 821
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1352
<AVERAGE-NET-ASSETS> 126572
<PER-SHARE-NAV-BEGIN> 13.24
<PER-SHARE-NII> .28
<PER-SHARE-GAIN-APPREC> 2.03
<PER-SHARE-DIVIDEND> (.28)
<PER-SHARE-DISTRIBUTIONS> (.63)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.64
<EXPENSE-RATIO> .85
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 061
<NAME> BALANCED RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 112516
<INVESTMENTS-AT-VALUE> 146844
<RECEIVABLES> 1002
<ASSETS-OTHER> 80
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 147926
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 125
<TOTAL-LIABILITIES> 125
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 107397
<SHARES-COMMON-STOCK> 1846
<SHARES-COMMON-PRIOR> 1142
<ACCUMULATED-NII-CURRENT> 249
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5827
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 34328
<NET-ASSETS> 147801
<DIVIDEND-INCOME> 711
<INTEREST-INCOME> 3036
<OTHER-INCOME> 0
<EXPENSES-NET> (1113)
<NET-INVESTMENT-INCOME> 2634
<REALIZED-GAINS-CURRENT> 6985
<APPREC-INCREASE-CURRENT> 12888
<NET-CHANGE-FROM-OPS> 22507
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (383)
<DISTRIBUTIONS-OF-GAINS> (903)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 900
<NUMBER-OF-SHARES-REDEEMED> (291)
<SHARES-REINVESTED> 94
<NET-CHANGE-IN-ASSETS> 11853
<ACCUMULATED-NII-PRIOR> 222
<ACCUMULATED-GAINS-PRIOR> 4731
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 821
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1352
<AVERAGE-NET-ASSETS> 126572
<PER-SHARE-NAV-BEGIN> 13.20
<PER-SHARE-NII> .26
<PER-SHARE-GAIN-APPREC> 2.02
<PER-SHARE-DIVIDEND> (.26)
<PER-SHARE-DISTRIBUTIONS> (.63)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.59
<EXPENSE-RATIO> 1.01
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 062
<NAME> BALANCED RETAIL B
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 7-MOS
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> SEP-14-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 112516
<INVESTMENTS-AT-VALUE> 146844
<RECEIVABLES> 1002
<ASSETS-OTHER> 80
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 147926
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 125
<TOTAL-LIABILITIES> 125
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 107397
<SHARES-COMMON-STOCK> 170
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 249
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5827
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 34328
<NET-ASSETS> 147801
<DIVIDEND-INCOME> 711
<INTEREST-INCOME> 3036
<OTHER-INCOME> 0
<EXPENSES-NET> (1113)
<NET-INVESTMENT-INCOME> 2634
<REALIZED-GAINS-CURRENT> 6985
<APPREC-INCREASE-CURRENT> 12888
<NET-CHANGE-FROM-OPS> 22507
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (8)
<DISTRIBUTIONS-OF-GAINS> (17)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 173
<NUMBER-OF-SHARES-REDEEMED> (5)
<SHARES-REINVESTED> 2
<NET-CHANGE-IN-ASSETS> 2479
<ACCUMULATED-NII-PRIOR> 222
<ACCUMULATED-GAINS-PRIOR> 4731
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 821
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1352
<AVERAGE-NET-ASSETS> 126572
<PER-SHARE-NAV-BEGIN> 12.58
<PER-SHARE-NII> .16
<PER-SHARE-GAIN-APPREC> 2.67
<PER-SHARE-DIVIDEND> (.18)
<PER-SHARE-DISTRIBUTIONS> (.63)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.60
<EXPENSE-RATIO> 1.75
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 070
<NAME> CAPITAL GROWTH INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 80472
<INVESTMENTS-AT-VALUE> 115539
<RECEIVABLES> 157
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 115696
<PAYABLE-FOR-SECURITIES> 311
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 146
<TOTAL-LIABILITIES> 457
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 76141
<SHARES-COMMON-STOCK> 4812
<SHARES-COMMON-PRIOR> 3397
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4031
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 35067
<NET-ASSETS> 115239
<DIVIDEND-INCOME> 579
<INTEREST-INCOME> 150
<OTHER-INCOME> 0
<EXPENSES-NET> (822)
<NET-INVESTMENT-INCOME> (93)
<REALIZED-GAINS-CURRENT> 4150
<APPREC-INCREASE-CURRENT> 19500
<NET-CHANGE-FROM-OPS> 23557
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (2133)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2106
<NUMBER-OF-SHARES-REDEEMED> (822)
<SHARES-REINVESTED> 131
<NET-CHANGE-IN-ASSETS> 39427
<ACCUMULATED-NII-PRIOR> 6
<ACCUMULATED-GAINS-PRIOR> 2646
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 592
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 954
<AVERAGE-NET-ASSETS> 84785
<PER-SHARE-NAV-BEGIN> 14.90
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> 4.33
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.51)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.71
<EXPENSE-RATIO> .94
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 071
<NAME> CAPITAL GROWTH RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 80472
<INVESTMENTS-AT-VALUE> 115539
<RECEIVABLES> 157
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 115696
<PAYABLE-FOR-SECURITIES> 311
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 146
<TOTAL-LIABILITIES> 457
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 76141
<SHARES-COMMON-STOCK> 1240
<SHARES-COMMON-PRIOR> 972
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4031
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 35067
<NET-ASSETS> 115239
<DIVIDEND-INCOME> 579
<INTEREST-INCOME> 150
<OTHER-INCOME> 0
<EXPENSES-NET> (822)
<NET-INVESTMENT-INCOME> (93)
<REALIZED-GAINS-CURRENT> 4150
<APPREC-INCREASE-CURRENT> 19500
<NET-CHANGE-FROM-OPS> 23557
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (549)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 410
<NUMBER-OF-SHARES-REDEEMED> (175)
<SHARES-REINVESTED> 33
<NET-CHANGE-IN-ASSETS> 8634
<ACCUMULATED-NII-PRIOR> 6
<ACCUMULATED-GAINS-PRIOR> 2646
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 592
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 954
<AVERAGE-NET-ASSETS> 84785
<PER-SHARE-NAV-BEGIN> 14.82
<PER-SHARE-NII> (.03)
<PER-SHARE-GAIN-APPREC> 4.30
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.51)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.58
<EXPENSE-RATIO> 1.09
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 072
<NAME> CAPITAL GROWTH RETAIL B
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 7-MOS
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> SEP-14-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 80472
<INVESTMENTS-AT-VALUE> 115539
<RECEIVABLES> 157
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 115696
<PAYABLE-FOR-SECURITIES> 311
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 146
<TOTAL-LIABILITIES> 457
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 76141
<SHARES-COMMON-STOCK> 116
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4031
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 35067
<NET-ASSETS> 115239
<DIVIDEND-INCOME> 579
<INTEREST-INCOME> 150
<OTHER-INCOME> 0
<EXPENSES-NET> (822)
<NET-INVESTMENT-INCOME> (93)
<REALIZED-GAINS-CURRENT> 4150
<APPREC-INCREASE-CURRENT> 19500
<NET-CHANGE-FROM-OPS> 23557
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (9)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 122
<NUMBER-OF-SHARES-REDEEMED> (6)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 2162
<ACCUMULATED-NII-PRIOR> 6
<ACCUMULATED-GAINS-PRIOR> 2646
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 592
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 954
<AVERAGE-NET-ASSETS> 84785
<PER-SHARE-NAV-BEGIN> 13.53
<PER-SHARE-NII> (.04)
<PER-SHARE-GAIN-APPREC> 5.63
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.51)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.61
<EXPENSE-RATIO> 1.87
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 090
<NAME> SMALL-CAP EQUITY INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 31292
<INVESTMENTS-AT-VALUE> 33135
<RECEIVABLES> 3195
<ASSETS-OTHER> 19
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 36349
<PAYABLE-FOR-SECURITIES> 3465
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 74
<TOTAL-LIABILITIES> 3539
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 26732
<SHARES-COMMON-STOCK> 2416
<SHARES-COMMON-PRIOR> 2308
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (95)
<ACCUMULATED-NET-GAINS> 4330
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1843
<NET-ASSETS> 32810
<DIVIDEND-INCOME> 44
<INTEREST-INCOME> 145
<OTHER-INCOME> 0
<EXPENSES-NET> (324)
<NET-INVESTMENT-INCOME> (135)
<REALIZED-GAINS-CURRENT> 4402
<APPREC-INCREASE-CURRENT> (1611)
<NET-CHANGE-FROM-OPS> 2656
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (732)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 369
<NUMBER-OF-SHARES-REDEEMED> (324)
<SHARES-REINVESTED> 63
<NET-CHANGE-IN-ASSETS> 3190
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 713
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 222
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 349
<AVERAGE-NET-ASSETS> 27715
<PER-SHARE-NAV-BEGIN> 11.86
<PER-SHARE-NII> (.05)
<PER-SHARE-GAIN-APPREC> 1.17
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.33)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.65
<EXPENSE-RATIO> 1.16
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 091
<NAME> SMALL-CAP EQUITY RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 31292
<INVESTMENTS-AT-VALUE> 33135
<RECEIVABLES> 3195
<ASSETS-OTHER> 19
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 36349
<PAYABLE-FOR-SECURITIES> 3465
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 74
<TOTAL-LIABILITIES> 3539
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 26732
<SHARES-COMMON-STOCK> 179
<SHARES-COMMON-PRIOR> 157
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (95)
<ACCUMULATED-NET-GAINS> 4330
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1843
<NET-ASSETS> 32810
<DIVIDEND-INCOME> 44
<INTEREST-INCOME> 145
<OTHER-INCOME> 0
<EXPENSES-NET> (324)
<NET-INVESTMENT-INCOME> (135)
<REALIZED-GAINS-CURRENT> 4402
<APPREC-INCREASE-CURRENT> (1611)
<NET-CHANGE-FROM-OPS> 2656
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (57)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 53
<NUMBER-OF-SHARES-REDEEMED> (36)
<SHARES-REINVESTED> 5
<NET-CHANGE-IN-ASSETS> 395
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 713
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 222
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 349
<AVERAGE-NET-ASSETS> 27715
<PER-SHARE-NAV-BEGIN> 11.83
<PER-SHARE-NII> (.07)
<PER-SHARE-GAIN-APPREC> 1.16
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.33)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.59
<EXPENSE-RATIO> 1.32
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 100
<NAME> SHORT TERM TREASURY INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 47575
<INVESTMENTS-AT-VALUE> 47593
<RECEIVABLES> 659
<ASSETS-OTHER> 42
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 48294
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 200
<TOTAL-LIABILITIES> 200
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 48050
<SHARES-COMMON-STOCK> 3398
<SHARES-COMMON-PRIOR> 2481
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 26
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18
<NET-ASSETS> 48094
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2357
<OTHER-INCOME> 0
<EXPENSES-NET> (300)
<NET-INVESTMENT-INCOME> 2057
<REALIZED-GAINS-CURRENT> 246
<APPREC-INCREASE-CURRENT> (140)
<NET-CHANGE-FROM-OPS> 2163
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1396)
<DISTRIBUTIONS-OF-GAINS> (154)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1278
<NUMBER-OF-SHARES-REDEEMED> (389)
<SHARES-REINVESTED> 29
<NET-CHANGE-IN-ASSETS> 9159
<ACCUMULATED-NII-PRIOR> 1
<ACCUMULATED-GAINS-PRIOR> 6
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 152
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 370
<AVERAGE-NET-ASSETS> 43512
<PER-SHARE-NAV-BEGIN> 10.05
<PER-SHARE-NII> .48
<PER-SHARE-GAIN-APPREC> .03
<PER-SHARE-DIVIDEND> (.48)
<PER-SHARE-DISTRIBUTIONS> (.05)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.03
<EXPENSE-RATIO> .63
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 101
<NAME> SHORT TERM TREASURY RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 47575
<INVESTMENTS-AT-VALUE> 47593
<RECEIVABLES> 659
<ASSETS-OTHER> 42
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 48294
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 200
<TOTAL-LIABILITIES> 200
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 48050
<SHARES-COMMON-STOCK> 1397
<SHARES-COMMON-PRIOR> 1434
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 26
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 18
<NET-ASSETS> 48094
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2357
<OTHER-INCOME> 0
<EXPENSES-NET> (300)
<NET-INVESTMENT-INCOME> 2057
<REALIZED-GAINS-CURRENT> 246
<APPREC-INCREASE-CURRENT> (140)
<NET-CHANGE-FROM-OPS> 2163
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (661)
<DISTRIBUTIONS-OF-GAINS> (73)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 346
<NUMBER-OF-SHARES-REDEEMED> (457)
<SHARES-REINVESTED> 73
<NET-CHANGE-IN-ASSETS> (404)
<ACCUMULATED-NII-PRIOR> 1
<ACCUMULATED-GAINS-PRIOR> 6
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 152
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 370
<AVERAGE-NET-ASSETS> 43512
<PER-SHARE-NAV-BEGIN> 10.05
<PER-SHARE-NII> .47
<PER-SHARE-GAIN-APPREC> .03
<PER-SHARE-DIVIDEND> (.47)
<PER-SHARE-DISTRIBUTIONS> (.05)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.03
<EXPENSE-RATIO> .82
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 110
<NAME> BLUE CHIP EQUITY INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 138651
<INVESTMENTS-AT-VALUE> 190072
<RECEIVABLES> 320
<ASSETS-OTHER> 89
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 190481
<PAYABLE-FOR-SECURITIES> 659
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 169
<TOTAL-LIABILITIES> 828
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 133852
<SHARES-COMMON-STOCK> 6486
<SHARES-COMMON-PRIOR> 3943
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (9)
<ACCUMULATED-NET-GAINS> 4389
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 51421
<NET-ASSETS> 189653
<DIVIDEND-INCOME> 1789
<INTEREST-INCOME> 380
<OTHER-INCOME> 0
<EXPENSES-NET> (1362)
<NET-INVESTMENT-INCOME> 807
<REALIZED-GAINS-CURRENT> 4389
<APPREC-INCREASE-CURRENT> 25069
<NET-CHANGE-FROM-OPS> 30265
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (613)
<DISTRIBUTIONS-OF-GAINS> (2118)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3145
<NUMBER-OF-SHARES-REDEEMED> (741)
<SHARES-REINVESTED> 139
<NET-CHANGE-IN-ASSETS> 62660
<ACCUMULATED-NII-PRIOR> 31
<ACCUMULATED-GAINS-PRIOR> 3198
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 981
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1768
<AVERAGE-NET-ASSETS> 140441
<PER-SHARE-NAV-BEGIN> 17.01
<PER-SHARE-NII> .10
<PER-SHARE-GAIN-APPREC> 3.41
<PER-SHARE-DIVIDEND> (.12)
<PER-SHARE-DISTRIBUTIONS> (.40)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.00
<EXPENSE-RATIO> .91
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 111
<NAME> BLUE CHIP EQUITY RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 138651
<INVESTMENTS-AT-VALUE> 190072
<RECEIVABLES> 320
<ASSETS-OTHER> 89
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 190481
<PAYABLE-FOR-SECURITIES> 659
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 169
<TOTAL-LIABILITIES> 828
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 133852
<SHARES-COMMON-STOCK> 2842
<SHARES-COMMON-PRIOR> 2550
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (9)
<ACCUMULATED-NET-GAINS> 4389
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 51421
<NET-ASSETS> 189653
<DIVIDEND-INCOME> 1789
<INTEREST-INCOME> 380
<OTHER-INCOME> 0
<EXPENSES-NET> (1362)
<NET-INVESTMENT-INCOME> 807
<REALIZED-GAINS-CURRENT> 4389
<APPREC-INCREASE-CURRENT> 25069
<NET-CHANGE-FROM-OPS> 30265
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (233)
<DISTRIBUTIONS-OF-GAINS> (1065)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 721
<NUMBER-OF-SHARES-REDEEMED> (501)
<SHARES-REINVESTED> 72
<NET-CHANGE-IN-ASSETS> 13471
<ACCUMULATED-NII-PRIOR> 31
<ACCUMULATED-GAINS-PRIOR> 3198
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 981
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1768
<AVERAGE-NET-ASSETS> 140441
<PER-SHARE-NAV-BEGIN> 16.98
<PER-SHARE-NII> .09
<PER-SHARE-GAIN-APPREC> 3.40
<PER-SHARE-DIVIDEND> (.09)
<PER-SHARE-DISTRIBUTIONS> (.40)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.98
<EXPENSE-RATIO> 1.07
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 112
<NAME> BLUE CHIP EQUITY RETAIL B
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> SEP-14-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 138651
<INVESTMENTS-AT-VALUE> 190072
<RECEIVABLES> 320
<ASSETS-OTHER> 89
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 190481
<PAYABLE-FOR-SECURITIES> 658
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 169
<TOTAL-LIABILITIES> 828
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 133852
<SHARES-COMMON-STOCK> 159
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (9)
<ACCUMULATED-NET-GAINS> 4389
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 51421
<NET-ASSETS> 189653
<DIVIDEND-INCOME> 1789
<INTEREST-INCOME> 380
<OTHER-INCOME> 0
<EXPENSES-NET> (1362)
<NET-INVESTMENT-INCOME> 807
<REALIZED-GAINS-CURRENT> 4389
<APPREC-INCREASE-CURRENT> 25069
<NET-CHANGE-FROM-OPS> 30265
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1)
<DISTRIBUTIONS-OF-GAINS> (15)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 163
<NUMBER-OF-SHARES-REDEEMED> (5)
<SHARES-REINVESTED> 1
<NET-CHANGE-IN-ASSETS> 3162
<ACCUMULATED-NII-PRIOR> 31
<ACCUMULATED-GAINS-PRIOR> 3198
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 981
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1768
<AVERAGE-NET-ASSETS> 140441
<PER-SHARE-NAV-BEGIN> 17.07
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 3.28
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> (.40)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.93
<EXPENSE-RATIO> 1.84
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 120
<NAME> INTERMEDIATE FIXED INCOME
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 98972
<INVESTMENTS-AT-VALUE> 99334
<RECEIVABLES> 1437
<ASSETS-OTHER> 152
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 100923
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 504
<TOTAL-LIABILITIES> 504
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 99843
<SHARES-COMMON-STOCK> 10116
<SHARES-COMMON-PRIOR> 8431
<ACCUMULATED-NII-CURRENT> 8
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 206
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 362
<NET-ASSETS> 100419
<DIVIDEND-INCOME> 79
<INTEREST-INCOME> 5805
<OTHER-INCOME> 0
<EXPENSES-NET> (724)
<NET-INVESTMENT-INCOME> 5160
<REALIZED-GAINS-CURRENT> 601
<APPREC-INCREASE-CURRENT> (1060)
<NET-CHANGE-FROM-OPS> 4701
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5150)
<DISTRIBUTIONS-OF-GAINS> (464)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3043
<NUMBER-OF-SHARES-REDEEMED> (1449)
<SHARES-REINVESTED> 91
<NET-CHANGE-IN-ASSETS> 16091
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 69
<OVERDISTRIB-NII-PRIOR> (2)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 564
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 895
<AVERAGE-NET-ASSETS> 93920
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> .55
<PER-SHARE-GAIN-APPREC> (.02)
<PER-SHARE-DIVIDEND> (.55)
<PER-SHARE-DISTRIBUTIONS> (.05)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.93
<EXPENSE-RATIO> .77
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 130
<NAME> MARYLAND TAX FREE INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 120749
<INVESTMENTS-AT-VALUE> 125418
<RECEIVABLES> 5787
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 131205
<PAYABLE-FOR-SECURITIES> 2526
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1238
<TOTAL-LIABILITIES> 3764
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 122239
<SHARES-COMMON-STOCK> 9307
<SHARES-COMMON-PRIOR> 8204
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 533
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4669
<NET-ASSETS> 127441
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5984
<OTHER-INCOME> 0
<EXPENSES-NET> (938)
<NET-INVESTMENT-INCOME> 5046
<REALIZED-GAINS-CURRENT> 897
<APPREC-INCREASE-CURRENT> 484
<NET-CHANGE-FROM-OPS> 6427
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3855)
<DISTRIBUTIONS-OF-GAINS> (598)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2015
<NUMBER-OF-SHARES-REDEEMED> (974)
<SHARES-REINVESTED> 62
<NET-CHANGE-IN-ASSETS> 11831
<ACCUMULATED-NII-PRIOR> 1
<ACCUMULATED-GAINS-PRIOR> 423
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 762
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1244
<AVERAGE-NET-ASSETS> 117219
<PER-SHARE-NAV-BEGIN> 10.14
<PER-SHARE-NII> .45
<PER-SHARE-GAIN-APPREC> .14
<PER-SHARE-DIVIDEND> (.45)
<PER-SHARE-DISTRIBUTIONS> (.07)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.21
<EXPENSE-RATIO> .76
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 140
<NAME> PENNSYLVANIA TAX-FREE INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 219282
<INVESTMENTS-AT-VALUE> 225419
<RECEIVABLES> 3713
<ASSETS-OTHER> 91
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 229223
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 923
<TOTAL-LIABILITIES> 923
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 221500
<SHARES-COMMON-STOCK> 21943
<SHARES-COMMON-PRIOR> 21219
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 663
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6137
<NET-ASSETS> 228300
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10957
<OTHER-INCOME> 0
<EXPENSES-NET> (2059)
<NET-INVESTMENT-INCOME> 8898
<REALIZED-GAINS-CURRENT> 1627
<APPREC-INCREASE-CURRENT> 1420
<NET-CHANGE-FROM-OPS> 11945
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (8692)
<DISTRIBUTIONS-OF-GAINS> (1246)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2654
<NUMBER-OF-SHARES-REDEEMED> (2058)
<SHARES-REINVESTED> 129
<NET-CHANGE-IN-ASSETS> 9298
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 1390
<OVERDISTRIB-NII-PRIOR> (69)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1443
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2227
<AVERAGE-NET-ASSETS> 222000
<PER-SHARE-NAV-BEGIN> 10.14
<PER-SHARE-NII> .41
<PER-SHARE-GAIN-APPREC> .15
<PER-SHARE-DIVIDEND> (.41)
<PER-SHARE-DISTRIBUTIONS> (.06)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.23
<EXPENSE-RATIO> .92
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 141
<NAME> PENNSYLVANIA TAX-FREE RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 219282
<INVESTMENTS-AT-VALUE> 225419
<RECEIVABLES> 3713
<ASSETS-OTHER> 91
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 229223
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 923
<TOTAL-LIABILITIES> 923
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 221500
<SHARES-COMMON-STOCK> 374
<SHARES-COMMON-PRIOR> 254
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 663
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 6137
<NET-ASSETS> 228300
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10957
<OTHER-INCOME> 0
<EXPENSES-NET> (2059)
<NET-INVESTMENT-INCOME> 8898
<REALIZED-GAINS-CURRENT> 1627
<APPREC-INCREASE-CURRENT> 1420
<NET-CHANGE-FROM-OPS> 11945
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (120)
<DISTRIBUTIONS-OF-GAINS> (18)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 202
<NUMBER-OF-SHARES-REDEEMED> (95)
<SHARES-REINVESTED> 12
<NET-CHANGE-IN-ASSETS> 1243
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 1390
<OVERDISTRIB-NII-PRIOR> (69)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1443
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2227
<AVERAGE-NET-ASSETS> 222000
<PER-SHARE-NAV-BEGIN> 10.13
<PER-SHARE-NII> .39
<PER-SHARE-GAIN-APPREC> .15
<PER-SHARE-DIVIDEND> (.39)
<PER-SHARE-DISTRIBUTIONS> (.06)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.22
<EXPENSE-RATIO> 1.10
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 150
<NAME> EQUITY INCOME INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 76798
<INVESTMENTS-AT-VALUE> 105845
<RECEIVABLES> 301
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 106146
<PAYABLE-FOR-SECURITIES> 1076
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 307
<TOTAL-LIABILITIES> 1383
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 74626
<SHARES-COMMON-STOCK> 8393
<SHARES-COMMON-PRIOR> 8515
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1)
<ACCUMULATED-NET-GAINS> 1091
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 29047
<NET-ASSETS> 104763
<DIVIDEND-INCOME> 2908
<INTEREST-INCOME> 212
<OTHER-INCOME> 0
<EXPENSES-NET> (951)
<NET-INVESTMENT-INCOME> 2169
<REALIZED-GAINS-CURRENT> 1092
<APPREC-INCREASE-CURRENT> 580
<NET-CHANGE-FROM-OPS> 3841
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2101)
<DISTRIBUTIONS-OF-GAINS> (5723)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 399
<NUMBER-OF-SHARES-REDEEMED> (1018)
<SHARES-REINVESTED> 498
<NET-CHANGE-IN-ASSETS> (5539)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5930
<OVERDISTRIB-NII-PRIOR> (1)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 724
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1087
<AVERAGE-NET-ASSETS> 103461
<PER-SHARE-NAV-BEGIN> 12.52
<PER-SHARE-NII> .25
<PER-SHARE-GAIN-APPREC> .22
<PER-SHARE-DIVIDEND> (.25)
<PER-SHARE-DISTRIBUTIONS> (.69)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.05
<EXPENSE-RATIO> .91
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 131
<NAME> MARYLAND TAX FREE RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 120749
<INVESTMENTS-AT-VALUE> 125418
<RECEIVABLES> 5787
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 131205
<PAYABLE-FOR-SECURITIES> 2526
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1238
<TOTAL-LIABILITIES> 3764
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 122239
<SHARES-COMMON-STOCK> 3173
<SHARES-COMMON-PRIOR> 2493
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 533
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 4669
<NET-ASSETS> 127441
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5984
<OTHER-INCOME> 0
<EXPENSES-NET> (938)
<NET-INVESTMENT-INCOME> 5046
<REALIZED-GAINS-CURRENT> 897
<APPREC-INCREASE-CURRENT> 484
<NET-CHANGE-FROM-OPS> 6427
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1192)
<DISTRIBUTIONS-OF-GAINS> (189)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1241
<NUMBER-OF-SHARES-REDEEMED> (695)
<SHARES-REINVESTED> 134
<NET-CHANGE-IN-ASSETS> 7112
<ACCUMULATED-NII-PRIOR> 1
<ACCUMULATED-GAINS-PRIOR> 423
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 762
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1244
<AVERAGE-NET-ASSETS> 117219
<PER-SHARE-NAV-BEGIN> 10.14
<PER-SHARE-NII> .43
<PER-SHARE-GAIN-APPREC> .14
<PER-SHARE-DIVIDEND> (.43)
<PER-SHARE-DISTRIBUTIONS> (.07)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.21
<EXPENSE-RATIO> .93
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 160
<NAME> MID-CAP EQUITY
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 47389
<INVESTMENTS-AT-VALUE> 63731
<RECEIVABLES> 309
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 64040
<PAYABLE-FOR-SECURITIES> 269
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 123
<TOTAL-LIABILITIES> 392
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 41512
<SHARES-COMMON-STOCK> 4329
<SHARES-COMMON-PRIOR> 3917
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (6)
<ACCUMULATED-NET-GAINS> 5800
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 16342
<NET-ASSETS> 63648
<DIVIDEND-INCOME> 591
<INTEREST-INCOME> 25
<OTHER-INCOME> 0
<EXPENSES-NET> (592)
<NET-INVESTMENT-INCOME> 24
<REALIZED-GAINS-CURRENT> 5867
<APPREC-INCREASE-CURRENT> (961)
<NET-CHANGE-FROM-OPS> 4930
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (30)
<DISTRIBUTIONS-OF-GAINS> (2330)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 961
<NUMBER-OF-SHARES-REDEEMED> (726)
<SHARES-REINVESTED> 177
<NET-CHANGE-IN-ASSETS> 8368
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 2263
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 445
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 659
<AVERAGE-NET-ASSETS> 55622
<PER-SHARE-NAV-BEGIN> 14.11
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 1.16
<PER-SHARE-DIVIDEND> (.01)
<PER-SHARE-DISTRIBUTIONS> (.57)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.70
<EXPENSE-RATIO> 1.06
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 151
<NAME> EQUITY INCOME RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 76798
<INVESTMENTS-AT-VALUE> 105845
<RECEIVABLES> 301
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 106146
<PAYABLE-FOR-SECURITIES> 1076
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 307
<TOTAL-LIABILITIES> 1383
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 74626
<SHARES-COMMON-STOCK> 304
<SHARES-COMMON-PRIOR> 274
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1)
<ACCUMULATED-NET-GAINS> 1091
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 29047
<NET-ASSETS> 104763
<DIVIDEND-INCOME> 2908
<INTEREST-INCOME> 212
<OTHER-INCOME> 0
<EXPENSES-NET> (951)
<NET-INVESTMENT-INCOME> 2169
<REALIZED-GAINS-CURRENT> 1092
<APPREC-INCREASE-CURRENT> 580
<NET-CHANGE-FROM-OPS> 3841
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (68)
<DISTRIBUTIONS-OF-GAINS> (208)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 80
<NUMBER-OF-SHARES-REDEEMED> (73)
<SHARES-REINVESTED> 23
<NET-CHANGE-IN-ASSETS> 231
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5930
<OVERDISTRIB-NII-PRIOR> (1)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 724
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1087
<AVERAGE-NET-ASSETS> 103461
<PER-SHARE-NAV-BEGIN> 12.52
<PER-SHARE-NII> .23
<PER-SHARE-GAIN-APPREC> .21
<PER-SHARE-DIVIDEND> (.23)
<PER-SHARE-DISTRIBUTIONS> (.69)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.04
<EXPENSE-RATIO> 1.08
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 180
<NAME> EQUITY INDEX INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 73425
<INVESTMENTS-AT-VALUE> 92861
<RECEIVABLES> 143
<ASSETS-OTHER> 200
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 93204
<PAYABLE-FOR-SECURITIES> 1296
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 23
<TOTAL-LIABILITIES> 1319
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 71504
<SHARES-COMMON-STOCK> 6267
<SHARES-COMMON-PRIOR> 3930
<ACCUMULATED-NII-CURRENT> 53
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 892
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 19436
<NET-ASSETS> 91885
<DIVIDEND-INCOME> 913
<INTEREST-INCOME> 52
<OTHER-INCOME> 0
<EXPENSES-NET> (164)
<NET-INVESTMENT-INCOME> 801
<REALIZED-GAINS-CURRENT> 1263
<APPREC-INCREASE-CURRENT> 14031
<NET-CHANGE-FROM-OPS> 16095
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (763)
<DISTRIBUTIONS-OF-GAINS> (765)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3026
<NUMBER-OF-SHARES-REDEEMED> (804)
<SHARES-REINVESTED> 115
<NET-CHANGE-IN-ASSETS> 41380
<ACCUMULATED-NII-PRIOR> 38
<ACCUMULATED-GAINS-PRIOR> 420
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 135
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 424
<AVERAGE-NET-ASSETS> 67480
<PER-SHARE-NAV-BEGIN> 11.59
<PER-SHARE-NII> .14
<PER-SHARE-GAIN-APPREC> 2.41
<PER-SHARE-DIVIDEND> (.14)
<PER-SHARE-DISTRIBUTIONS> (.13)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.87
<EXPENSE-RATIO> .23
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 181
<NAME> EQUITY INDEX RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 73425
<INVESTMENTS-AT-VALUE> 92861
<RECEIVABLES> 143
<ASSETS-OTHER> 200
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 93204
<PAYABLE-FOR-SECURITIES> 1296
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 23
<TOTAL-LIABILITIES> 1319
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 71504
<SHARES-COMMON-STOCK> 359
<SHARES-COMMON-PRIOR> 122
<ACCUMULATED-NII-CURRENT> 53
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 892
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 19436
<NET-ASSETS> 91885
<DIVIDEND-INCOME> 913
<INTEREST-INCOME> 52
<OTHER-INCOME> 0
<EXPENSES-NET> (164)
<NET-INVESTMENT-INCOME> 801
<REALIZED-GAINS-CURRENT> 1263
<APPREC-INCREASE-CURRENT> 14031
<NET-CHANGE-FROM-OPS> 16095
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (24)
<DISTRIBUTIONS-OF-GAINS> (26)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 255
<NUMBER-OF-SHARES-REDEEMED> (22)
<SHARES-REINVESTED> 4
<NET-CHANGE-IN-ASSETS> 3557
<ACCUMULATED-NII-PRIOR> 38
<ACCUMULATED-GAINS-PRIOR> 420
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 135
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 424
<AVERAGE-NET-ASSETS> 67480
<PER-SHARE-NAV-BEGIN> 11.57
<PER-SHARE-NII> .11
<PER-SHARE-GAIN-APPREC> 2.40
<PER-SHARE-DIVIDEND> (.11)
<PER-SHARE-DISTRIBUTIONS> (.13)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.84
<EXPENSE-RATIO> .48
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 190
<NAME> INTERNATIONAL SELECTION INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 23952
<INVESTMENTS-AT-VALUE> 25185
<RECEIVABLES> 0
<ASSETS-OTHER> 14
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 25199
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17
<TOTAL-LIABILITIES> 17
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 22914
<SHARES-COMMON-STOCK> 2122
<SHARES-COMMON-PRIOR> 3607
<ACCUMULATED-NII-CURRENT> 8
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1027
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1233
<NET-ASSETS> 25182
<DIVIDEND-INCOME> 606
<INTEREST-INCOME> 79
<OTHER-INCOME> 0
<EXPENSES-NET> (316)
<NET-INVESTMENT-INCOME> 369
<REALIZED-GAINS-CURRENT> 1446
<APPREC-INCREASE-CURRENT> (3646)
<NET-CHANGE-FROM-OPS> (1831)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (350)
<DISTRIBUTIONS-OF-GAINS> (573)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 631
<NUMBER-OF-SHARES-REDEEMED> (2199)
<SHARES-REINVESTED> 83
<NET-CHANGE-IN-ASSETS> (17824)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 284
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 233
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 380
<AVERAGE-NET-ASSETS> 35834
<PER-SHARE-NAV-BEGIN> 11.51
<PER-SHARE-NII> .10
<PER-SHARE-GAIN-APPREC> (.18)
<PER-SHARE-DIVIDEND> (.10)
<PER-SHARE-DISTRIBUTIONS> (.17)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.16
<EXPENSE-RATIO> .88
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 191
<NAME> INTERNATIONAL SELECTION RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 23952
<INVESTMENTS-AT-VALUE> 25185
<RECEIVABLES> 0
<ASSETS-OTHER> 14
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 25199
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17
<TOTAL-LIABILITIES> 17
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 22914
<SHARES-COMMON-STOCK> 134
<SHARES-COMMON-PRIOR> 1
<ACCUMULATED-NII-CURRENT> 8
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1027
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1233
<NET-ASSETS> 25182
<DIVIDEND-INCOME> 606
<INTEREST-INCOME> 79
<OTHER-INCOME> 0
<EXPENSES-NET> (316)
<NET-INVESTMENT-INCOME> 369
<REALIZED-GAINS-CURRENT> 1446
<APPREC-INCREASE-CURRENT> (3646)
<NET-CHANGE-FROM-OPS> (1831)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (11)
<DISTRIBUTIONS-OF-GAINS> (20)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 132
<NUMBER-OF-SHARES-REDEEMED> (2)
<SHARES-REINVESTED> 3
<NET-CHANGE-IN-ASSETS> 1483
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 284
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 233
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 380
<AVERAGE-NET-ASSETS> 35834
<PER-SHARE-NAV-BEGIN> 11.51
<PER-SHARE-NII> .08
<PER-SHARE-GAIN-APPREC> (.17)
<PER-SHARE-DIVIDEND> (.09)
<PER-SHARE-DISTRIBUTIONS> (.17)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.16
<EXPENSE-RATIO> 1.05
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 200
<NAME> U.S. GOVERNMENT BOND INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 259900
<INVESTMENTS-AT-VALUE> 257941
<RECEIVABLES> 2975
<ASSETS-OTHER> 16
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 260932
<PAYABLE-FOR-SECURITIES> 1994
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1369
<TOTAL-LIABILITIES> 3363
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 261553
<SHARES-COMMON-STOCK> 26100
<SHARES-COMMON-PRIOR> 26979
<ACCUMULATED-NII-CURRENT> 3
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (2028)
<ACCUM-APPREC-OR-DEPREC> (1959)
<NET-ASSETS> 257569
<DIVIDEND-INCOME> 325
<INTEREST-INCOME> 16533
<OTHER-INCOME> 0
<EXPENSES-NET> (2471)
<NET-INVESTMENT-INCOME> 14387
<REALIZED-GAINS-CURRENT> (243)
<APPREC-INCREASE-CURRENT> (1367)
<NET-CHANGE-FROM-OPS> 12777
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (14354)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3103
<NUMBER-OF-SHARES-REDEEMED> (4418)
<SHARES-REINVESTED> 436
<NET-CHANGE-IN-ASSETS> (10287)
<ACCUMULATED-NII-PRIOR> 14
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (1785)
<GROSS-ADVISORY-FEES> 1986
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2905
<AVERAGE-NET-ASSETS> 264856
<PER-SHARE-NAV-BEGIN> 9.85
<PER-SHARE-NII> .54
<PER-SHARE-GAIN-APPREC> (.07)
<PER-SHARE-DIVIDEND> (.54)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.78
<EXPENSE-RATIO> .93
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 201
<NAME> U.S. GOVERNMENT BOND RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 259900
<INVESTMENTS-AT-VALUE> 257941
<RECEIVABLES> 2975
<ASSETS-OTHER> 16
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 260932
<PAYABLE-FOR-SECURITIES> 1994
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1369
<TOTAL-LIABILITIES> 3363
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 261553
<SHARES-COMMON-STOCK> 229
<SHARES-COMMON-PRIOR> 3
<ACCUMULATED-NII-CURRENT> 3
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (2028)
<ACCUM-APPREC-OR-DEPREC> (1959)
<NET-ASSETS> 257569
<DIVIDEND-INCOME> 325
<INTEREST-INCOME> 16533
<OTHER-INCOME> 0
<EXPENSES-NET> (2471)
<NET-INVESTMENT-INCOME> 14387
<REALIZED-GAINS-CURRENT> (243)
<APPREC-INCREASE-CURRENT> (1367)
<NET-CHANGE-FROM-OPS> 12777
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (44)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 247
<NUMBER-OF-SHARES-REDEEMED> (25)
<SHARES-REINVESTED> 4
<NET-CHANGE-IN-ASSETS> 2210
<ACCUMULATED-NII-PRIOR> 14
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (1785)
<GROSS-ADVISORY-FEES> 1986
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2905
<AVERAGE-NET-ASSETS> 264856
<PER-SHARE-NAV-BEGIN> 9.85
<PER-SHARE-NII> .54
<PER-SHARE-GAIN-APPREC> (.06)
<PER-SHARE-DIVIDEND> (.54)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.79
<EXPENSE-RATIO> 1.12
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 210
<NAME> VALUE EQUITY INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 340297
<INVESTMENTS-AT-VALUE> 542431
<RECEIVABLES> 394
<ASSETS-OTHER> 20
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 542845
<PAYABLE-FOR-SECURITIES> 248
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2053
<TOTAL-LIABILITIES> 2301
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 284342
<SHARES-COMMON-STOCK> 35268
<SHARES-COMMON-PRIOR> 44225
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (3)
<ACCUMULATED-NET-GAINS> 54071
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 202134
<NET-ASSETS> 540544
<DIVIDEND-INCOME> 9285
<INTEREST-INCOME> 911
<OTHER-INCOME> 0
<EXPENSES-NET> (6771)
<NET-INVESTMENT-INCOME> 3425
<REALIZED-GAINS-CURRENT> 54074
<APPREC-INCREASE-CURRENT> (2152)
<NET-CHANGE-FROM-OPS> 55347
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3675)
<DISTRIBUTIONS-OF-GAINS> (29764)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1284
<NUMBER-OF-SHARES-REDEEMED> (12501)
<SHARES-REINVESTED> 2260
<NET-CHANGE-IN-ASSETS> (108375)
<ACCUMULATED-NII-PRIOR> 140
<ACCUMULATED-GAINS-PRIOR> 37532
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5914
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7927
<AVERAGE-NET-ASSETS> 591375
<PER-SHARE-NAV-BEGIN> 14.59
<PER-SHARE-NII> .08
<PER-SHARE-GAIN-APPREC> 1.36
<PER-SHARE-DIVIDEND> (.09)
<PER-SHARE-DISTRIBUTIONS> (.72)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.22
<EXPENSE-RATIO> 1.14
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 211
<NAME> VALUE EQUITY RETAIL A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 340297
<INVESTMENTS-AT-VALUE> 542431
<RECEIVABLES> 394
<ASSETS-OTHER> 20
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 542845
<PAYABLE-FOR-SECURITIES> 248
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2053
<TOTAL-LIABILITIES> 2301
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 284342
<SHARES-COMMON-STOCK> 233
<SHARES-COMMON-PRIOR> 16
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (3)
<ACCUMULATED-NET-GAINS> 54071
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 202134
<NET-ASSETS> 540544
<DIVIDEND-INCOME> 9285
<INTEREST-INCOME> 911
<OTHER-INCOME> 0
<EXPENSES-NET> (6771)
<NET-INVESTMENT-INCOME> 3425
<REALIZED-GAINS-CURRENT> 54074
<APPREC-INCREASE-CURRENT> (2152)
<NET-CHANGE-FROM-OPS> 55347
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (12)
<DISTRIBUTIONS-OF-GAINS> (110)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 279
<NUMBER-OF-SHARES-REDEEMED> (66)
<SHARES-REINVESTED> 5
<NET-CHANGE-IN-ASSETS> 3326
<ACCUMULATED-NII-PRIOR> 140
<ACCUMULATED-GAINS-PRIOR> 37532
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5914
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7927
<AVERAGE-NET-ASSETS> 591375
<PER-SHARE-NAV-BEGIN> 14.60
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 1.36
<PER-SHARE-DIVIDEND> (.07)
<PER-SHARE-DISTRIBUTIONS> (.72)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.22
<EXPENSE-RATIO> 1.31
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 212
<NAME> VALUE EQUITY RETAIL B
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 7-MOS
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> SEP-14-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 340297
<INVESTMENTS-AT-VALUE> 542431
<RECEIVABLES> 394
<ASSETS-OTHER> 20
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 542845
<PAYABLE-FOR-SECURITIES> 248
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2053
<TOTAL-LIABILITIES> 2301
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 284342
<SHARES-COMMON-STOCK> 11
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (3)
<ACCUMULATED-NET-GAINS> 54071
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 202134
<NET-ASSETS> 540544
<DIVIDEND-INCOME> 9285
<INTEREST-INCOME> 911
<OTHER-INCOME> 0
<EXPENSES-NET> (6771)
<NET-INVESTMENT-INCOME> 3425
<REALIZED-GAINS-CURRENT> 54074
<APPREC-INCREASE-CURRENT> (2152)
<NET-CHANGE-FROM-OPS> 55347
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 164
<ACCUMULATED-NII-PRIOR> 140
<ACCUMULATED-GAINS-PRIOR> 37532
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5914
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7927
<AVERAGE-NET-ASSETS> 591375
<PER-SHARE-NAV-BEGIN> 12.93
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 2.97
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> (.72)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.16
<EXPENSE-RATIO> 2.07
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000893658
<NAME> ARK
<SERIES>
<NUMBER> 220
<NAME> SHORT-TERM BOND INSTITUTIONAL CLASS
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> APR-30-1999
<PERIOD-START> MAY-01-1998
<PERIOD-END> APR-30-1999
<INVESTMENTS-AT-COST> 110437
<INVESTMENTS-AT-VALUE> 110296
<RECEIVABLES> 1521
<ASSETS-OTHER> 272
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 112089
<PAYABLE-FOR-SECURITIES> 373
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 589
<TOTAL-LIABILITIES> 962
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 111173
<SHARES-COMMON-STOCK> 11177
<SHARES-COMMON-PRIOR> 13228
<ACCUMULATED-NII-CURRENT> 62
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 33
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (141)
<NET-ASSETS> 111127
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8020
<OTHER-INCOME> 0
<EXPENSES-NET> (1272)
<NET-INVESTMENT-INCOME> 6748
<REALIZED-GAINS-CURRENT> 360
<APPREC-INCREASE-CURRENT> (402)
<NET-CHANGE-FROM-OPS> 6706
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (6738)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2855
<NUMBER-OF-SHARES-REDEEMED> (5301)
<SHARES-REINVESTED> 395
<NET-CHANGE-IN-ASSETS> (20542)
<ACCUMULATED-NII-PRIOR> 44
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (319)
<GROSS-ADVISORY-FEES> 984
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1456
<AVERAGE-NET-ASSETS> 131197
<PER-SHARE-NAV-BEGIN> 9.95
<PER-SHARE-NII> .51
<PER-SHARE-GAIN-APPREC> (.01)
<PER-SHARE-DIVIDEND> (.51)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.94
<EXPENSE-RATIO> .97
</TABLE>
