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<PAGE> PAGE 5
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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 16
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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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<PAGE> PAGE 50
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SIGNATURE JULIA WHITCUP
TITLE TREASURER
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<NAME> U.S. GOVERNMENT INCOME FUND A
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<NAME> U.S. GOVERNMENT INCOME FUND B
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<NUMBER-OF-SHARES-SOLD> 2739257
<NUMBER-OF-SHARES-REDEEMED> 1149205
<SHARES-REINVESTED> 113200
<NET-CHANGE-IN-ASSETS> 18857519
<ACCUMULATED-NII-PRIOR> 4661
<ACCUMULATED-GAINS-PRIOR> (225765)
<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 197702
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 516094
<AVERAGE-NET-ASSETS> 33300133
<PER-SHARE-NAV-BEGIN> 8.26
<PER-SHARE-NII> 0.36
<PER-SHARE-GAIN-APPREC> 0.32
<PER-SHARE-DIVIDEND> (0.36)
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<PER-SHARE-NAV-END> 8.58
<EXPENSE-RATIO> 0.82
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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-30-1998
<PERIOD-START> OCT-01-1997
<PERIOD-END> SEP-30-1998
<INVESTMENTS-AT-COST> 47231488
<INVESTMENTS-AT-VALUE> 49975491
<RECEIVABLES> 2224573
<ASSETS-OTHER> 98736
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 52298800
<PAYABLE-FOR-SECURITIES> 1004990
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1615195
<TOTAL-LIABILITIES> 2620185
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7521699
<SHARES-COMMON-STOCK> 926719
<SHARES-COMMON-PRIOR> 571839
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (72959)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2744003
<NET-ASSETS> 49678615
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1941382
<OTHER-INCOME> 0
<EXPENSES-NET> 320213
<NET-INVESTMENT-INCOME> 1621169
<REALIZED-GAINS-CURRENT> 152806
<APPREC-INCREASE-CURRENT> 1535686
<NET-CHANGE-FROM-OPS> 3309661
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 214076
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 408476
<NUMBER-OF-SHARES-REDEEMED> 68429
<SHARES-REINVESTED> 14833
<NET-CHANGE-IN-ASSETS> 18857519
<ACCUMULATED-NII-PRIOR> 4661
<ACCUMULATED-GAINS-PRIOR> (225765)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 197702
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 516094
<AVERAGE-NET-ASSETS> 6199553
<PER-SHARE-NAV-BEGIN> 8.26
<PER-SHARE-NII> 0.29
<PER-SHARE-GAIN-APPREC> 0.32
<PER-SHARE-DIVIDEND> (0.29)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 8.58
<EXPENSE-RATIO> 1.57
<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-30-1998
<PERIOD-START> OCT-01-1997
<PERIOD-END> SEP-30-1998
<INVESTMENTS-AT-COST> 22380226
<INVESTMENTS-AT-VALUE> 23398486
<RECEIVABLES> 647210
<ASSETS-OTHER> 7866
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 24053562
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1639514
<TOTAL-LIABILITIES> 1639514
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 20944650
<SHARES-COMMON-STOCK> 2266637
<SHARES-COMMON-PRIOR> 1035069
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (89109)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1018260
<NET-ASSETS> 22414048
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 746626
<OTHER-INCOME> 0
<EXPENSES-NET> 110426
<NET-INVESTMENT-INCOME> 636200
<REALIZED-GAINS-CURRENT> 37851
<APPREC-INCREASE-CURRENT> 636073
<NET-CHANGE-FROM-OPS> 1310124
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 619920
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1980783
<NUMBER-OF-SHARES-REDEEMED> 801438
<SHARES-REINVESTED> 52223
<NET-CHANGE-IN-ASSETS> 12370889
<ACCUMULATED-NII-PRIOR> 568
<ACCUMULATED-GAINS-PRIOR> (126960)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 77514
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 238087
<AVERAGE-NET-ASSETS> 14987587
<PER-SHARE-NAV-BEGIN> 9.29
<PER-SHARE-NII> 0.39
<PER-SHARE-GAIN-APPREC> 0.35
<PER-SHARE-DIVIDEND> (0.39)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.64
<EXPENSE-RATIO> 0.77
<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-30-1998
<PERIOD-START> OCT-01-1997
<PERIOD-END> SEP-30-1998
<INVESTMENTS-AT-COST> 22380226
<INVESTMENTS-AT-VALUE> 23398486
<RECEIVABLES> 647210
<ASSETS-OTHER> 7866
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 24053562
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1639514
<TOTAL-LIABILITIES> 1639514
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 537921
<SHARES-COMMON-STOCK> 58880
<SHARES-COMMON-PRIOR> 46363
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (89109)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1018260
<NET-ASSETS> 22414048
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 746626
<OTHER-INCOME> 0
<EXPENSES-NET> 110426
<NET-INVESTMENT-INCOME> 636200
<REALIZED-GAINS-CURRENT> 37851
<APPREC-INCREASE-CURRENT> 636073
<NET-CHANGE-FROM-OPS> 1310124
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 16848
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11575
<NUMBER-OF-SHARES-REDEEMED> 287
<SHARES-REINVESTED> 1229
<NET-CHANGE-IN-ASSETS> 12370889
<ACCUMULATED-NII-PRIOR> 568
<ACCUMULATED-GAINS-PRIOR> (126960)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 77514
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 238087
<AVERAGE-NET-ASSETS> 495291
<PER-SHARE-NAV-BEGIN> 9.29
<PER-SHARE-NII> 0.32
<PER-SHARE-GAIN-APPREC> 0.35
<PER-SHARE-DIVIDEND> (0.32)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.64
<EXPENSE-RATIO> 1.52
<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-30-1998
<PERIOD-START> OCT-01-1997
<PERIOD-END> SEP-30-1998
<INVESTMENTS-AT-COST> 110603723
<INVESTMENTS-AT-VALUE> 113954417
<RECEIVABLES> 10800608
<ASSETS-OTHER> 850
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 124755875
<PAYABLE-FOR-SECURITIES> 19858635
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8448097
<TOTAL-LIABILITIES> 28306732
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 91581907
<SHARES-COMMON-STOCK> 10248368
<SHARES-COMMON-PRIOR> 6359983
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 878410
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3350694
<NET-ASSETS> 96449143
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5032600
<OTHER-INCOME> 0
<EXPENSES-NET> 572227
<NET-INVESTMENT-INCOME> 4460373
<REALIZED-GAINS-CURRENT> 1069922
<APPREC-INCREASE-CURRENT> 2682656
<NET-CHANGE-FROM-OPS> 8212951
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4433688
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7676618
<NUMBER-OF-SHARES-REDEEMED> 4228768
<SHARES-REINVESTED> 440535
<NET-CHANGE-IN-ASSETS> 39093278
<ACCUMULATED-NII-PRIOR> 1645
<ACCUMULATED-GAINS-PRIOR> (191512)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 398345
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 962817
<AVERAGE-NET-ASSETS> 79102303
<PER-SHARE-NAV-BEGIN> 8.95
<PER-SHARE-NII> 0.51
<PER-SHARE-GAIN-APPREC> 0.40
<PER-SHARE-DIVIDEND> (0.51)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.35
<EXPENSE-RATIO> 0.75
<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-30-1998
<PERIOD-START> OCT-01-1997
<PERIOD-END> SEP-30-1998
<INVESTMENTS-AT-COST> 110603723
<INVESTMENTS-AT-VALUE> 113954417
<RECEIVABLES> 10800608
<ASSETS-OTHER> 850
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 124755875
<PAYABLE-FOR-SECURITIES> 19858635
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8448097
<TOTAL-LIABILITIES> 28306732
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 627814
<SHARES-COMMON-STOCK> 70160
<SHARES-COMMON-PRIOR> 48367
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 878410
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3350694
<NET-ASSETS> 96449143
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5032600
<OTHER-INCOME> 0
<EXPENSES-NET> 572227
<NET-INVESTMENT-INCOME> 4460373
<REALIZED-GAINS-CURRENT> 1069922
<APPREC-INCREASE-CURRENT> 2682656
<NET-CHANGE-FROM-OPS> 8212951
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 28330
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 42421
<NUMBER-OF-SHARES-REDEEMED> 22939
<SHARES-REINVESTED> 2311
<NET-CHANGE-IN-ASSETS> 39093278
<ACCUMULATED-NII-PRIOR> 1645
<ACCUMULATED-GAINS-PRIOR> (191512)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 398345
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 962817
<AVERAGE-NET-ASSETS> 586573
<PER-SHARE-NAV-BEGIN> 8.94
<PER-SHARE-NII> 0.44
<PER-SHARE-GAIN-APPREC> 0.40
<PER-SHARE-DIVIDEND> (0.44)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.34
<EXPENSE-RATIO> 1.50
<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-30-1998
<PERIOD-START> OCT-01-1997
<PERIOD-END> SEP-30-1998
<INVESTMENTS-AT-COST> 338824788
<INVESTMENTS-AT-VALUE> 322392594
<RECEIVABLES> 16286239
<ASSETS-OTHER> 850
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 338679683
<PAYABLE-FOR-SECURITIES> 6691217
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2304677
<TOTAL-LIABILITIES> 8995894
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 285585994
<SHARES-COMMON-STOCK> 16964005
<SHARES-COMMON-PRIOR> 10732969
<ACCUMULATED-NII-CURRENT> 720
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 13959719
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (16432194)
<NET-ASSETS> 329683789
<DIVIDEND-INCOME> 5001378
<INTEREST-INCOME> 587820
<OTHER-INCOME> 0
<EXPENSES-NET> 2975043
<NET-INVESTMENT-INCOME> 2614155
<REALIZED-GAINS-CURRENT> 17332380
<APPREC-INCREASE-CURRENT> (53228495)
<NET-CHANGE-FROM-OPS> (33281960)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2528252
<DISTRIBUTIONS-OF-GAINS> 28149543
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9139531
<NUMBER-OF-SHARES-REDEEMED> 4613063
<SHARES-REINVESTED> 1704568
<NET-CHANGE-IN-ASSETS> 67090690
<ACCUMULATED-NII-PRIOR> 5222
<ACCUMULATED-GAINS-PRIOR> (31292099)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1915644
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4071374
<AVERAGE-NET-ASSETS> 274763395
<PER-SHARE-NAV-BEGIN> 20.92
<PER-SHARE-NII> 0.26
<PER-SHARE-GAIN-APPREC> (1.89)
<PER-SHARE-DIVIDEND> (0.14)
<PER-SHARE-DISTRIBUTIONS> (2.37)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.77
<EXPENSE-RATIO> 0.84
<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-30-1998
<PERIOD-START> OCT-01-1997
<PERIOD-END> SEP-30-1998
<INVESTMENTS-AT-COST> 338824788
<INVESTMENTS-AT-VALUE> 322392594
<RECEIVABLES> 16286239
<ASSETS-OTHER> 850
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 338679683
<PAYABLE-FOR-SECURITIES> 6691217
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2304677
<TOTAL-LIABILITIES> 8995894
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 46549889
<SHARES-COMMON-STOCK> 2696898
<SHARES-COMMON-PRIOR> 1823989
<ACCUMULATED-NII-CURRENT> 720
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 13959719
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (16432194)
<NET-ASSETS> 329683789
<DIVIDEND-INCOME> 5001378
<INTEREST-INCOME> 587820
<OTHER-INCOME> 0
<EXPENSES-NET> 2975043
<NET-INVESTMENT-INCOME> 2614155
<REALIZED-GAINS-CURRENT> 17332380
<APPREC-INCREASE-CURRENT> (53228495)
<NET-CHANGE-FROM-OPS> (33281960)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 90405
<DISTRIBUTIONS-OF-GAINS> 4813177
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<NUMBER-OF-SHARES-SOLD> 879422
<NUMBER-OF-SHARES-REDEEMED> 280347
<SHARES-REINVESTED> 273834
<NET-CHANGE-IN-ASSETS> 67090690
<ACCUMULATED-NII-PRIOR> 5222
<ACCUMULATED-GAINS-PRIOR> (31292099)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1915644
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4071374
<AVERAGE-NET-ASSETS> 47285750
<PER-SHARE-NAV-BEGIN> 20.87
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> (1.77)
<PER-SHARE-DIVIDEND> (0.04)
<PER-SHARE-DISTRIBUTIONS> (2.37)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.73
<EXPENSE-RATIO> 1.59
<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-30-1998
<PERIOD-START> OCT-01-1997
<PERIOD-END> SEP-30-1998
<INVESTMENTS-AT-COST> 100376285
<INVESTMENTS-AT-VALUE> 103152206
<RECEIVABLES> 4130938
<ASSETS-OTHER> 8672
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 107291816
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8758914
<TOTAL-LIABILITIES> 8758914
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 95172629
<SHARES-COMMON-STOCK> 9457041
<SHARES-COMMON-PRIOR> 4972204
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 227090
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2775921
<NET-ASSETS> 98532902
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4539805
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<EXPENSES-NET> 525473
<NET-INVESTMENT-INCOME> 4014332
<REALIZED-GAINS-CURRENT> 265015
<APPREC-INCREASE-CURRENT> 2487054
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<DISTRIBUTIONS-OF-INCOME> 4006765
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<NUMBER-OF-SHARES-SOLD> 8127008
<NUMBER-OF-SHARES-REDEEMED> 4003988
<SHARES-REINVESTED> 361817
<NET-CHANGE-IN-ASSETS> 48204744
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (37925)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 380026
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 909513
<AVERAGE-NET-ASSETS> 75869884
<PER-SHARE-NAV-BEGIN> 10.09
<PER-SHARE-NII> 0.54
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<PER-SHARE-DIVIDEND> (0.54)
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<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.38
<EXPENSE-RATIO> 0.78
<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-30-1998
<PERIOD-START> OCT-01-1997
<PERIOD-END> SEP-30-1998
<INVESTMENTS-AT-COST> 100376285
<INVESTMENTS-AT-VALUE> 103152206
<RECEIVABLES> 4130938
<ASSETS-OTHER> 8672
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 107291816
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 8758914
<TOTAL-LIABILITIES> 8758914
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 347771
<SHARES-COMMON-STOCK> 34445
<SHARES-COMMON-PRIOR> 17395
<ACCUMULATED-NII-CURRENT> 0
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<ACCUMULATED-NET-GAINS> 227090
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2775921
<NET-ASSETS> 98532902
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<INTEREST-INCOME> 4539805
<OTHER-INCOME> 0
<EXPENSES-NET> 525473
<NET-INVESTMENT-INCOME> 4014332
<REALIZED-GAINS-CURRENT> 265015
<APPREC-INCREASE-CURRENT> 2487054
<NET-CHANGE-FROM-OPS> 6766401
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