WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 050
<NAME> Old Westbury Portfolios
Fixed Income Fund
<PERIOD-TYPE> 12-mos
<FISCAL-YEAR-END> Oct-31-1999
<PERIOD-END> Oct-31-1999
<INVESTMENTS-AT-COST> 8,537,512
<INVESTMENTS-AT-VALUE> 8,313,604
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<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9,421,141
<SHARES-COMMON-STOCK> 914,729
<SHARES-COMMON-PRIOR> 512,140
<ACCUMULATED-NII-CURRENT> 127,392
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (116,960)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (223,908)
<NET-ASSETS> 9,207,665
<DIVIDEND-INCOME> 0
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<EXPENSES-NET> 82,721
<NET-INVESTMENT-INCOME> 389,948
<REALIZED-GAINS-CURRENT> (116,960)
<APPREC-INCREASE-CURRENT> (477,873)
<NET-CHANGE-FROM-OPS> (204,885)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (346,282)
<DISTRIBUTIONS-OF-GAINS> (41,074)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 616,350
<NUMBER-OF-SHARES-REDEEMED> 230,558
<SHARES-REINVESTED> 16,797
<NET-CHANGE-IN-ASSETS> 3,609,007
<ACCUMULATED-NII-PRIOR> 83,426
<ACCUMULATED-GAINS-PRIOR> 41,374
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 35,407
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 248,341
<AVERAGE-NET-ASSETS> 7,865,728
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<PER-SHARE-NII> 0.480
<PER-SHARE-GAIN-APPREC> (0.750)
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<PER-SHARE-NAV-END> 10.070
<EXPENSE-RATIO> 1.05
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>