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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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<PAGE> PAGE 42
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<PAGE> PAGE 43
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<PAGE> PAGE 44
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<PAGE> PAGE 45
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<PAGE> PAGE 46
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<PAGE> PAGE 47
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<PAGE> PAGE 48
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<PAGE> PAGE 49
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SIGNATURE STEVEN MUSON
TITLE ASSISTANT TREASURER
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<ACCUMULATED-NII-PRIOR> 4661
<ACCUMULATED-GAINS-PRIOR> (434499)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
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<GROSS-EXPENSE> 350362
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<PER-SHARE-NAV-BEGIN> 7.93
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<PER-SHARE-NAV-END> 8.26
<EXPENSE-RATIO> 0.55
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 042
<NAME> CALIFORNIA TAX-FREE FUND B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-START> OCT-01-1996
<PERIOD-END> SEP-30-1997
<INVESTMENTS-AT-COST> 29704470
<INVESTMENTS-AT-VALUE> 30912786
<RECEIVABLES> 684186
<ASSETS-OTHER> 23273
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 31620245
<PAYABLE-FOR-SECURITIES> 639550
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 159599
<TOTAL-LIABILITIES> 799149
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4550148
<SHARES-COMMON-STOCK> 571839
<SHARES-COMMON-PRIOR> 398223
<ACCUMULATED-NII-CURRENT> 4661
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (225765)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1208317
<NET-ASSETS> 30821096
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1386704
<OTHER-INCOME> 0
<EXPENSES-NET> 164253
<NET-INVESTMENT-INCOME> 1222451
<REALIZED-GAINS-CURRENT> 208734
<APPREC-INCREASE-CURRENT> 893497
<NET-CHANGE-FROM-OPS> 2324682
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 164919
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 228961
<NUMBER-OF-SHARES-REDEEMED> 67159
<SHARES-REINVESTED> 11814
<NET-CHANGE-IN-ASSETS> 6785734
<ACCUMULATED-NII-PRIOR> 4661
<ACCUMULATED-GAINS-PRIOR> (434499)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 131759
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 350362
<AVERAGE-NET-ASSETS> 26488000
<PER-SHARE-NAV-BEGIN> 7.93
<PER-SHARE-NII> 0.34
<PER-SHARE-GAIN-APPREC> 0.33
<PER-SHARE-DIVIDEND> 0.34
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<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 8.26
<EXPENSE-RATIO> 1.08
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 051
<NAME> MUNICIPAL BOND FUND A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-START> OCT-01-1996
<PERIOD-END> SEP-30-1997
<INVESTMENTS-AT-COST> 9872547
<INVESTMENTS-AT-VALUE> 10253453
<RECEIVABLES> 218335
<ASSETS-OTHER> 18666
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 10490454
<PAYABLE-FOR-SECURITIES> 386189
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 61106
<TOTAL-LIABILITIES> 447295
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 9367536
<SHARES-COMMON-STOCK> 1035069
<SHARES-COMMON-PRIOR> 730424
<ACCUMULATED-NII-CURRENT> 568
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (126960)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 382187
<NET-ASSETS> 10043159
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 399855
<OTHER-INCOME> 0
<EXPENSES-NET> 44818
<NET-INVESTMENT-INCOME> 355037
<REALIZED-GAINS-CURRENT> 7016
<APPREC-INCREASE-CURRENT> 296920
<NET-CHANGE-FROM-OPS> 658973
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 338814
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 454447
<NUMBER-OF-SHARES-REDEEMED> 176304
<SHARES-REINVESTED> 26502
<NET-CHANGE-IN-ASSETS> 3078173
<ACCUMULATED-NII-PRIOR> 568
<ACCUMULATED-GAINS-PRIOR> (133976)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 39097
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 137190
<AVERAGE-NET-ASSETS> 7880000
<PER-SHARE-NAV-BEGIN> 8.95
<PER-SHARE-NII> 0.42
<PER-SHARE-GAIN-APPREC> 0.34
<PER-SHARE-DIVIDEND> 0.42
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.29
<EXPENSE-RATIO> 0.55
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 052
<NAME> MUNICIPAL BOND FUND B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-START> OCT-01-1996
<PERIOD-END> SEP-30-1997
<INVESTMENTS-AT-COST> 9872547
<INVESTMENTS-AT-VALUE> 10253453
<RECEIVABLES> 218335
<ASSETS-OTHER> 18666
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 10490454
<PAYABLE-FOR-SECURITIES> 386189
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 61106
<TOTAL-LIABILITIES> 447295
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 419828
<SHARES-COMMON-STOCK> 46363
<SHARES-COMMON-PRIOR> 47497
<ACCUMULATED-NII-CURRENT> 568
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (126960)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 382187
<NET-ASSETS> 10043159
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 399855
<OTHER-INCOME> 0
<EXPENSES-NET> 44818
<NET-INVESTMENT-INCOME> 355037
<REALIZED-GAINS-CURRENT> 7016
<APPREC-INCREASE-CURRENT> 296920
<NET-CHANGE-FROM-OPS> 658973
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 16223
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11948
<NUMBER-OF-SHARES-REDEEMED> 14228
<SHARES-REINVESTED> 1146
<NET-CHANGE-IN-ASSETS> 3078173
<ACCUMULATED-NII-PRIOR> 568
<ACCUMULATED-GAINS-PRIOR> (133976)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 39097
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 137190
<AVERAGE-NET-ASSETS> 7880000
<PER-SHARE-NAV-BEGIN> 8.96
<PER-SHARE-NII> 0.37
<PER-SHARE-GAIN-APPREC> 0.33
<PER-SHARE-DIVIDEND> 0.37
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.29
<EXPENSE-RATIO> 1.07
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 061
<NAME> BOND FUND A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-START> OCT-01-1996
<PERIOD-END> SEP-30-1997
<INVESTMENTS-AT-COST> 56277224
<INVESTMENTS-AT-VALUE> 56945262
<RECEIVABLES> 3796763
<ASSETS-OTHER> 17958
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 60759983
<PAYABLE-FOR-SECURITIES> 2900705
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 503413
<TOTAL-LIABILITIES> 3404118
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 56446092
<SHARES-COMMON-STOCK> 6359983
<SHARES-COMMON-PRIOR> 3188670
<ACCUMULATED-NII-CURRENT> 1645
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (191512)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 668038
<NET-ASSETS> 57355865
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2715866
<OTHER-INCOME> 0
<EXPENSES-NET> 265678
<NET-INVESTMENT-INCOME> 2450188
<REALIZED-GAINS-CURRENT> 270780
<APPREC-INCREASE-CURRENT> 908922
<NET-CHANGE-FROM-OPS> 3629890
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2426201
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4150730
<NUMBER-OF-SHARES-REDEEMED> 1209786
<SHARES-REINVESTED> 230369
<NET-CHANGE-IN-ASSETS> 29182093
<ACCUMULATED-NII-PRIOR> 1645
<ACCUMULATED-GAINS-PRIOR> (462292)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 201308
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 540288
<AVERAGE-NET-ASSETS> 40397000
<PER-SHARE-NAV-BEGIN> 8.71
<PER-SHARE-NII> 0.54
<PER-SHARE-GAIN-APPREC> 0.24
<PER-SHARE-DIVIDEND> 0.54
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 8.95
<EXPENSE-RATIO> 0.66
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 062
<NAME> BOND FUND B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-START> OCT-01-1996
<PERIOD-END> SEP-30-1997
<INVESTMENTS-AT-COST> 56277224
<INVESTMENTS-AT-VALUE> 56945262
<RECEIVABLES> 3796763
<ASSETS-OTHER> 17958
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 60759983
<PAYABLE-FOR-SECURITIES> 2900705
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 503413
<TOTAL-LIABILITIES> 3404118
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 431602
<SHARES-COMMON-STOCK> 48367
<SHARES-COMMON-PRIOR> 47393
<ACCUMULATED-NII-CURRENT> 1645
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (191512)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 668038
<NET-ASSETS> 57355865
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2715866
<OTHER-INCOME> 0
<EXPENSES-NET> 265678
<NET-INVESTMENT-INCOME> 2450188
<REALIZED-GAINS-CURRENT> 270780
<APPREC-INCREASE-CURRENT> 908922
<NET-CHANGE-FROM-OPS> 3629890
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 23987
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12640
<NUMBER-OF-SHARES-REDEEMED> 13567
<SHARES-REINVESTED> 1901
<NET-CHANGE-IN-ASSETS> 29182093
<ACCUMULATED-NII-PRIOR> 1645
<ACCUMULATED-GAINS-PRIOR> (462292)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 201308
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 540288
<AVERAGE-NET-ASSETS> 40397000
<PER-SHARE-NAV-BEGIN> 8.70
<PER-SHARE-NII> 0.49
<PER-SHARE-GAIN-APPREC> 0.24
<PER-SHARE-DIVIDEND> 0.49
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 8.94
<EXPENSE-RATIO> 1.13
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 071
<NAME> GROWTH & INCOME FUND A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-START> OCT-01-1996
<PERIOD-END> SEP-30-1997
<INVESTMENTS-AT-COST> 226881466
<INVESTMENTS-AT-VALUE> 263677767
<RECEIVABLES> 4315502
<ASSETS-OTHER> 17958
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 268011227
<PAYABLE-FOR-SECURITIES> 205556
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5212572
<TOTAL-LIABILITIES> 5418128
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 166457839
<SHARES-COMMON-STOCK> 10732969
<SHARES-COMMON-PRIOR> 6292564
<ACCUMULATED-NII-CURRENT> 5222
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 29590059
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 36796301
<NET-ASSETS> 262593099
<DIVIDEND-INCOME> 3037358
<INTEREST-INCOME> 353089
<OTHER-INCOME> 0
<EXPENSES-NET> 1435905
<NET-INVESTMENT-INCOME> 1954542
<REALIZED-GAINS-CURRENT> 31497187
<APPREC-INCREASE-CURRENT> 27136675
<NET-CHANGE-FROM-OPS> 60588404
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1816999
<DISTRIBUTIONS-OF-GAINS> 8171142
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<NUMBER-OF-SHARES-SOLD> 6046362
<NUMBER-OF-SHARES-REDEEMED> 2189429
<SHARES-REINVESTED> 583472
<NET-CHANGE-IN-ASSETS> 143449628
<ACCUMULATED-NII-PRIOR> 30277
<ACCUMULATED-GAINS-PRIOR> 7530714
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1100393
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2395266
<AVERAGE-NET-ASSETS> 186898000
<PER-SHARE-NAV-BEGIN> 16.29
<PER-SHARE-NII> 0.20
<PER-SHARE-GAIN-APPREC> 5.77
<PER-SHARE-DIVIDEND> 0.20
<PER-SHARE-DISTRIBUTIONS> 1.14
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.92
<EXPENSE-RATIO> 0.73
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 072
<NAME> GROWTH & INCOME FUND B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-START> OCT-01-1996
<PERIOD-END> SEP-30-1997
<INVESTMENTS-AT-COST> 226881466
<INVESTMENTS-AT-VALUE> 263677767
<RECEIVABLES> 4315502
<ASSETS-OTHER> 17958
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 268011227
<PAYABLE-FOR-SECURITIES> 205556
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 5212572
<TOTAL-LIABILITIES> 5418128
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 29743678
<SHARES-COMMON-STOCK> 1823989
<SHARES-COMMON-PRIOR> 1024339
<ACCUMULATED-NII-CURRENT> 5222
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 29590059
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 36796301
<NET-ASSETS> 262593099
<DIVIDEND-INCOME> 3037358
<INTEREST-INCOME> 353089
<OTHER-INCOME> 0
<EXPENSES-NET> 1435905
<NET-INVESTMENT-INCOME> 1954542
<REALIZED-GAINS-CURRENT> 31497187
<APPREC-INCREASE-CURRENT> 27136675
<NET-CHANGE-FROM-OPS> 60588404
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 162598
<DISTRIBUTIONS-OF-GAINS> 1266700
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<NUMBER-OF-SHARES-SOLD> 900142
<NUMBER-OF-SHARES-REDEEMED> 109363
<SHARES-REINVESTED> 84273
<NET-CHANGE-IN-ASSETS> 143449628
<ACCUMULATED-NII-PRIOR> 30277
<ACCUMULATED-GAINS-PRIOR> 7530714
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<GROSS-ADVISORY-FEES> 1100393
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2395266
<AVERAGE-NET-ASSETS> 186898000
<PER-SHARE-NAV-BEGIN> 16.26
<PER-SHARE-NII> 0.11
<PER-SHARE-GAIN-APPREC> 5.76
<PER-SHARE-DIVIDEND> 0.12
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<PER-SHARE-NAV-END> 20.87
<EXPENSE-RATIO> 1.26
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 082
<NAME> SHORT-TERM BOND FUND B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-START> OCT-01-1996
<PERIOD-END> SEP-30-1997
<INVESTMENTS-AT-COST> 47398875
<INVESTMENTS-AT-VALUE> 47687742
<RECEIVABLES> 3603336
<ASSETS-OTHER> 13775
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 51304853
<PAYABLE-FOR-SECURITIES> 652452
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 324243
<TOTAL-LIABILITIES> 976695
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 173068
<SHARES-COMMON-STOCK> 17395
<SHARES-COMMON-PRIOR> 14309
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (37925)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 288867
<NET-ASSETS> 50328158
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1983158
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<EXPENSES-NET> 182221
<NET-INVESTMENT-INCOME> 1800937
<REALIZED-GAINS-CURRENT> 7108
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<NET-CHANGE-FROM-OPS> 2178665
<EQUALIZATION> 0
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<NUMBER-OF-SHARES-SOLD> 16298
<NUMBER-OF-SHARES-REDEEMED> 14241
<SHARES-REINVESTED> 1029
<NET-CHANGE-IN-ASSETS> 30631811
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<ACCUMULATED-GAINS-PRIOR> (45033)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
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<GROSS-EXPENSE> 432717
<AVERAGE-NET-ASSETS> 32507000
<PER-SHARE-NAV-BEGIN> 9.98
<PER-SHARE-NII> 0.50
<PER-SHARE-GAIN-APPREC> 0.10
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<PER-SHARE-NAV-END> 10.08
<EXPENSE-RATIO> 1.06
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 081
<NAME> SHORT-TERM BOND FUND A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-START> OCT-01-1996
<PERIOD-END> SEP-30-1997
<INVESTMENTS-AT-COST> 47398875
<INVESTMENTS-AT-VALUE> 47687742
<RECEIVABLES> 3603336
<ASSETS-OTHER> 13775
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 51304853
<PAYABLE-FOR-SECURITIES> 652452
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 324243
<TOTAL-LIABILITIES> 976695
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 49904148
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<SHARES-COMMON-PRIOR> 1958317
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<ACCUMULATED-NET-GAINS> (37925)
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<ACCUM-APPREC-OR-DEPREC> 288867
<NET-ASSETS> 50328158
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1983158
<OTHER-INCOME> 0
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<APPREC-INCREASE-CURRENT> 370620
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<EQUALIZATION> 0
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<NUMBER-OF-SHARES-SOLD> 3948575
<NUMBER-OF-SHARES-REDEEMED> 1090055
<SHARES-REINVESTED> 155367
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