Exhibit 14(B)
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in this Registration
Statement of Pilgrim Mutual Funds on Form N-14 ("Registration Statement") of our
report dated December 6, 1999 relating to the financial statements and financial
highlights of Pilgrim Emerging Markets Value Fund which appear in the October
31, 1999 Annual Report to shareholders of Pilgrim Mayflower Trust which is also
incorporated by reference into the Registration Statement.
/s/ PricewaterhouseCoopers LLP
New York, New York
December 4, 2000
