ALLEGHANY FUNDS
NSAR-A, EX-27, 2000-06-22
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<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 061
   <NAME> ALLEGHANY MONTAG & CALDWELL GROWTH FUND-CLASS N

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                    2,716,091,654
<INVESTMENTS-AT-VALUE>                   3,210,246,047
<RECEIVABLES>                                5,365,427
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            54,743
<TOTAL-ASSETS>                           3,215,666,217
<PAYABLE-FOR-SECURITIES>                     5,628,672
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   18,437,501
<TOTAL-LIABILITIES>                         24,066,173
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 2,363,241,374
<SHARES-COMMON-STOCK>                       48,624,844
<SHARES-COMMON-PRIOR>                       48,657,984
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       1,116,251
<ACCUMULATED-NET-GAINS>                    335,320,528
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   494,154,393
<NET-ASSETS>                             3,191,600,044
<DIVIDEND-INCOME>                           12,983,082
<INTEREST-INCOME>                               12,242
<OTHER-INCOME>                                       0
<EXPENSES-NET>                            (14,111,575)
<NET-INVESTMENT-INCOME>                    (1,116,251)
<REALIZED-GAINS-CURRENT>                   335,322,659
<APPREC-INCREASE-CURRENT>                (178,348,593)
<NET-CHANGE-FROM-OPS>                      155,857,815
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                  (79,026,102)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    571,882,620
<NUMBER-OF-SHARES-REDEEMED>                641,884,251
<SHARES-REINVESTED>                         72,385,785
<NET-CHANGE-IN-ASSETS>                     209,131,467
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  148,757,375
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                       10,337,892
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             14,111,575
<AVERAGE-NET-ASSETS>                     1,675,643,441
<PER-SHARE-NAV-BEGIN>                            33.15
<PER-SHARE-NII>                                 (0.04)
<PER-SHARE-GAIN-APPREC>                           1.81
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                       (1.65)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              33.27
<EXPENSE-RATIO>                                   1.02



</TABLE>


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