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<PAGE> PAGE 7
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<PAGE> PAGE 8
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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 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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073 B000400 0.0000
073 C000400 0.0000
074 A000400 0
074 B000400 0
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 7639
074 G000400 0
074 H000400 0
074 I000400 551
074 J000400 215
074 K000400 0
074 L000400 46
074 M000400 0
074 N000400 8451
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074 P000400 0
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<PAGE> PAGE 22
074 T000400 8002
074 U010400 564
074 U020400 0
074 V010400 14.18
074 V020400 0.00
074 W000400 0.0000
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076 000400 0.00
SIGNATURE RICHARD BUTT
TITLE DIRECTOR
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE NORWEST
SELECT SEMI-ANNUAL REPORT DATED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH REPORT.
</LEGEND>
<CIK> 0000915985
<NAME> NORWEST SELECT FUNDS
<SERIES>
<NUMBER> 003
<NAME> SELECT VALUGROWTH STOCK FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 12,219,367
<INVESTMENTS-AT-VALUE> 15,622,574
<RECEIVABLES> 319,862
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 18,989
<TOTAL-ASSETS> 15,961,425
<PAYABLE-FOR-SECURITIES> 413,709
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 39,354
<TOTAL-LIABILITIES> 453,063
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11,739,806
<SHARES-COMMON-STOCK> 933,907
<SHARES-COMMON-PRIOR> 737,045
<ACCUMULATED-NII-CURRENT> 56,577
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 308,772
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,403,207
<NET-ASSETS> 15,508,362
<DIVIDEND-INCOME> 88,255
<INTEREST-INCOME> 18,607
<OTHER-INCOME> 0
<EXPENSES-NET> 50,441
<NET-INVESTMENT-INCOME> 56,421
<REALIZED-GAINS-CURRENT> 358,492
<APPREC-INCREASE-CURRENT> 1,469,017
<NET-CHANGE-FROM-OPS> 1,883,930
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,247,042
<NUMBER-OF-SHARES-REDEEMED> 205,995
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 4,924,977
<ACCUMULATED-NII-PRIOR> 156
<ACCUMULATED-GAINS-PRIOR> (49,720)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 50,501
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 105,407
<AVERAGE-NET-ASSETS> 12,729,872
<PER-SHARE-NAV-BEGIN> 14.36
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 2.25
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.61
<EXPENSE-RATIO> .80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE NORWEST
SELECT SEMI-ANNUAL REPORT DATED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERNCE TO SUCH REPORT.
</LEGEND>
<CIK> 0000915985
<NAME> NORWEST SELECT FUNDS
<SERIES>
<NUMBER> 002
<NAME> SELECT INTERMEDIATE BOND FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 7,055,578
<INVESTMENTS-AT-VALUE> 7,060,955
<RECEIVABLES> 131,301
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 18,989
<TOTAL-ASSETS> 7,211,245
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7,721
<TOTAL-LIABILITIES> 7,721
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7,012,048
<SHARES-COMMON-STOCK> 655,625
<SHARES-COMMON-PRIOR> 555,820
<ACCUMULATED-NII-CURRENT> 200,692
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (14,593)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,377
<NET-ASSETS> 7,203,524
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 220,664
<OTHER-INCOME> 0
<EXPENSES-NET> 19,550
<NET-INVESTMENT-INCOME> 201,114
<REALIZED-GAINS-CURRENT> (14,431)
<APPREC-INCREASE-CURRENT> (13,109)
<NET-CHANGE-FROM-OPS> 173,574
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,528,100
<NUMBER-OF-SHARES-REDEEMED> 456,938
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,244,736
<ACCUMULATED-NII-PRIOR> (422)
<ACCUMULATED-GAINS-PRIOR> (162)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 19,555
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 73,962
<AVERAGE-NET-ASSETS> 6,572,364
<PER-SHARE-NAV-BEGIN> 10.72
<PER-SHARE-NII> .31
<PER-SHARE-GAIN-APPREC> (.04)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.99
<EXPENSE-RATIO> .60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATIN EXTRACTED FROM THE NORWEST
SELECT SEMI-ANNUAL REPORT DATED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH REPORT.
</LEGEND>
<CIK> 0000915985
<NAME> NORWEST SELECT FUNDS
<SERIES>
<NUMBER> 004
<NAME> SELECT SMALL COMPANY STOCK FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 7,273,941
<INVESTMENTS-AT-VALUE> 8,189,557
<RECEIVABLES> 261,651
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8,451,208
<PAYABLE-FOR-SECURITIES> 431,358
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 18,123
<TOTAL-LIABILITIES> 449,481
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6,850,382
<SHARES-COMMON-STOCK> 564,491
<SHARES-COMMON-PRIOR> 451,235
<ACCUMULATED-NII-CURRENT> 2,756
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 232,973
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 915,616
<NET-ASSETS> 8,001,727
<DIVIDEND-INCOME> 16,692
<INTEREST-INCOME> 12,231
<OTHER-INCOME> 0
<EXPENSES-NET> 26,199
<NET-INVESTMENT-INCOME> 2,724
<REALIZED-GAINS-CURRENT> 232,973
<APPREC-INCREASE-CURRENT> 210,735
<NET-CHANGE-FROM-OPS> 446,432
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,607,757
<NUMBER-OF-SHARES-REDEEMED> 143,129
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,911,060
<ACCUMULATED-NII-PRIOR> 32
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 26,232
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 68,768
<AVERAGE-NET-ASSETS> 6,612,431
<PER-SHARE-NAV-BEGIN> 13.50
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> .68
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.18
<EXPENSE-RATIO> .80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE NORWEST
SELECT SEMI-ANNUAL REPORT DATED JUNE 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH REPORT.
</LEGEND>
<CIK> 0000915985
<NAME> NORWEST SELECT FUNDS
<SERIES>
<NUMBER> 005
<NAME> SELECT INCOME EQUITY FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 17,982,955
<INVESTMENTS-AT-VALUE> 20,420,171
<RECEIVABLES> 154,414
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 20,574,585
<PAYABLE-FOR-SECURITIES> 451,055
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 49,407
<TOTAL-LIABILITIES> 500,462
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,438,693
<SHARES-COMMON-STOCK> 1,590,986
<SHARES-COMMON-PRIOR> 862,697
<ACCUMULATED-NII-CURRENT> 136,530
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 61,684
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,437,216
<NET-ASSETS> 20,074,123
<DIVIDEND-INCOME> 167,190
<INTEREST-INCOME> 24,543
<OTHER-INCOME> 0
<EXPENSES-NET> 55,293
<NET-INVESTMENT-INCOME> 136,440
<REALIZED-GAINS-CURRENT> 61,743
<APPREC-INCREASE-CURRENT> 1,937,608
<NET-CHANGE-FROM-OPS> 2,135,791
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8,642,670
<NUMBER-OF-SHARES-REDEEMED> 119,574
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 10,658,887
<ACCUMULATED-NII-PRIOR> 90
<ACCUMULATED-GAINS-PRIOR> (59)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 55,360
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 107,914
<AVERAGE-NET-ASSETS> 13,954,578
<PER-SHARE-NAV-BEGIN> 10.91
<PER-SHARE-NII> .09
<PER-SHARE-GAIN-APPREC> 1.62
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.62
<EXPENSE-RATIO> .80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
