WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial data extracted from the annual
report dated October 31, 2000 for the J.P. Morgan Global Strategic
Income Fund and is qualified in its entirety by reference to such annual
report.
</LEGEND>
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 7363
<RECEIVABLES> 11
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7389
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 58
<TOTAL-LIABILITIES> 58
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 8303
<SHARES-COMMON-STOCK> 785
<SHARES-COMMON-PRIOR> 965
<ACCUMULATED-NII-CURRENT> 210
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (902)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (280)
<NET-ASSETS> 7331
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 577
<OTHER-INCOME> 0
<EXPENSES-NET> 71
<NET-INVESTMENT-INCOME> 506
<REALIZED-GAINS-CURRENT> (114)
<APPREC-INCREASE-CURRENT> 31
<NET-CHANGE-FROM-OPS> 423
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 504
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 353
<NUMBER-OF-SHARES-REDEEMED> 571
<SHARES-REINVESTED> 38
<NET-CHANGE-IN-ASSETS> (1742)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 179
<AVERAGE-NET-ASSETS> 7176
<PER-SHARE-NAV-BEGIN> 9.4
<PER-SHARE-NII> .86
<PER-SHARE-GAIN-APPREC> (.26)
<PER-SHARE-DIVIDEND> .66
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.34
<EXPENSE-RATIO> 1.0
</TABLE>
