NICHOLAS APPLEGATE INSTITUTIONAL FUNDS
NSAR-A, EX-27, 2000-11-22
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>




<ARTICLE>				6
<SERIES>
<NUMBER>				17
<NAME>					SHORT INTERMEDIATE FIXED
				      	INCOME FUND - CLASS I
<MULTIPLIER>  1

<S>								<C>
<PERIOD-TYPE>				6-MOS
<FISCAL-YEAR-END>			Mar-31-2001
<PERIOD-START>				Apr-01-2000
<PERIOD-END>				Sept-30-2000
<INVESTMENTS-AT-COST>			20192923
<INVESTMENTS-AT-VALUE>			20200659
<RECEIVABLES>				638119
<ASSETS-OTHER>				3560
<OTHER-ITEMS-ASSETS>			0
<TOTAL-ASSETS>				20842338
<PAYABLE-FOR-SECURITIES>		180715
<SENIOR-LONG-TERM-DEBT>			0
<OTHER-ITEMS-LIABILITIES>		525636
<TOTAL-LIABILITIES>			706351
<SENIOR-EQUITY>				0
<PAID-IN-CAPITAL-COMMON>		20537821
<SHARES-COMMON-STOCK>			1613861
<SHARES-COMMON-PRIOR>			1699143
<ACCUMULATED-NII-CURRENT>		32148
<OVERDISTRIBUTION-NII>			0
<ACCUMULATED-NET-GAINS>			0
<OVERDISTRIBUTION-GAINS>		441718
<ACCUM-APPREC-OR-DEPREC>		7736
<NET-ASSETS>				20135987
<DIVIDEND-INCOME>			0
<INTEREST-INCOME>			807346
<OTHER-INCOME>				0
<EXPENSES-NET>				45339
<NET-INVESTMENT-INCOME>			762007
<REALIZED-GAINS-CURRENT>		(149669)
<APPREC-INCREASE-CURRENT>		268102
<NET-CHANGE-FROM-OPS>			880440
<EQUALIZATION>				0
<DISTRIBUTIONS-OF-INCOME>		(764469)
<DISTRIBUTIONS-OF-GAINS>		0
<DISTRIBUTIONS-OTHER>			0
<NUMBER-OF-SHARES-SOLD>			5234028
<NUMBER-OF-SHARES-REDEEMED>		(5380390)
<SHARES-REINVESTED>			61080
<NET-CHANGE-IN-ASSETS>			(1000322)
<ACCUMULATED-NII-PRIOR>			14956
<ACCUMULATED-GAINS-PRIOR>		0
<OVERDISTRIB-NII-PRIOR>			0
<OVERDIST-NET-GAINS-PRIOR>		272941
<GROSS-ADVISORY-FEES>			35265
<INTEREST-EXPENSE>			3848
<GROSS-EXPENSE>				107907
<AVERAGE-NET-ASSETS>			23574515
<PER-SHARE-NAV-BEGIN>			12.44
<PER-SHARE-NII>				0.42
<PER-SHARE-GAIN-APPREC>			0.07
<PER-SHARE-DIVIDEND>			(0.45)
<PER-SHARE-DISTRIBUTIONS>		0.00
<RETURNS-OF-CAPITAL>			0.00
<PER-SHARE-NAV-END>			12.48
<EXPENSE-RATIO>		 		0.39








</TABLE>


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