<PAGE> PAGE 1
000 A000000 04/30/98
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007 C020300 THE BALANCED FUND
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007 C010400 4
007 C020400 THE GROWTH FUND
007 C030400 N
007 C010500 5
007 C020500 THE MIDCAP FUND
007 C030500 N
007 C010600 6
007 C020600 THE INTERNATIONAL EQUITY FUND
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007 C010700 7
007 C020700 THE NATIONAL TAX-FREE INTERMEDIATE BOND FUND
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007 C010800 8
007 C020800 THE MISSOURI TAX-FREE INTERMEDIATE BOND FUND
007 C030800 N
007 C010900 9
007 C020900 THE GROWTH AND INCOME FUND
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010 A00AA01 GOLDMAN SACHS ASSET MANAGEMENT
<PAGE> PAGE 2
010 B00AA01 801-16048
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
008 D010201 ST. LOUIS
008 D020201 MO
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008 A000202 COMMERCE BANK, N.A. (KANSAS CITY)
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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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<PAGE> PAGE 21
028 B020400 20472
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046 000400 N
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<PAGE> PAGE 22
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
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050 000400 N
051 000400 N
052 000400 N
053 A000400 N
055 A000400 N
055 B000400 N
056 000400 Y
057 000400 N
058 A000400 N
059 000400 Y
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060 B000400 Y
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066 D000400 Y
066 E000400 N
066 F000400 N
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 N
<PAGE> PAGE 23
069 000400 N
070 A010400 Y
070 A020400 Y
070 B010400 Y
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 Y
070 L020400 Y
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
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<PAGE> PAGE 24
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<PAGE> PAGE 25
074 U020400 211
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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052 000500 N
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056 000500 Y
057 000500 N
058 A000500 N
059 000500 Y
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<PAGE> PAGE 28
068 A000500 N
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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008 A000601 COMMERCE BANK, N.A. (ST. LOUIS)
008 B000601 A
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008 D030602 64106
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014 A000601 GOLDMAN, SACHS & CO.
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<PAGE> PAGE 31
015 B000603 S
015 C010603 SYDNEY
015 D010603 AUSTALIA
015 E040603 X
015 A000604 GIROCREDIT BANK
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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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074 F000600 96192
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<PAGE> PAGE 39
074 U010600 4184
074 U020600 13
074 V010600 24.49
074 V020600 24.44
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076 000600 0.00
008 A000701 COMMERCE BANK, N.A. (ST. LOUIS)
008 B000701 A
008 C000701 801-000000
008 D010701 ST. LOUIS
008 D020701 MO
008 D030701 63105
008 A000702 COMMERCE BANK, N.A. (KANSAS CITY)
008 B000702 A
008 C000702 801-000000
008 D010702 KANSAS CITY
008 D020702 MO
008 D030702 64106
014 A000701 GOLDMAN, SACHS & CO.
014 B000701 8-16048
014 A000702 GOLDMAN SACHS INTERNATIONAL
014 B000702 8-00000
014 A000703 COMMERCE BROKERAGE SERVICE, INC.
014 B000703 8-4125
015 A000701 STATE STREET BANK AND TRUST COMPANY
015 B000701 C
015 C010701 BOSTON
015 C020701 MA
015 C030701 02110
015 E010701 X
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025 D000708 0
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028 A020700 12
028 A030700 0
028 A040700 254
028 B010700 217
028 B020700 12
028 B030700 0
028 B040700 219
<PAGE> PAGE 40
028 C010700 921
028 C020700 12
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028 E020700 12
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032 000700 1
033 000700 0
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046 000700 N
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048 E020700 0.000
048 F010700 0
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048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
<PAGE> PAGE 41
048 J010700 0
048 J020700 0.000
048 K010700 0
048 K020700 0.000
049 000700 N
050 000700 N
051 000700 N
052 000700 N
053 A000700 Y
053 B000700 Y
053 C000700 N
055 A000700 N
055 B000700 N
056 000700 Y
057 000700 N
058 A000700 N
059 000700 Y
060 A000700 Y
060 B000700 Y
061 000700 1000
062 A000700 Y
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 99.7
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
063 A000700 0
063 B000700 8.4
064 A000700 Y
064 B000700 N
066 A000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 Y
070 B010700 N
070 B020700 N
<PAGE> PAGE 42
070 C010700 Y
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 Y
070 E020700 N
070 F010700 N
070 F020700 N
070 G010700 N
070 G020700 N
070 H010700 N
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 N
070 K020700 N
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 N
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 2295
071 B000700 286
071 C000700 25555
071 D000700 1
072 A000700 6
072 B000700 620
072 C000700 0
072 D000700 0
072 E000700 0
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072 G000700 20
072 H000700 0
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072 J000700 23
072 K000700 0
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<PAGE> PAGE 43
072 P000700 0
072 Q000700 0
072 R000700 2
072 S000700 2
072 T000700 0
072 U000700 5
072 V000700 0
072 W000700 16
072 X000700 143
072 Y000700 40
072 Z000700 517
072AA000700 47
072BB000700 0
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072DD020700 0
072EE000700 0
073 A010700 0.3674
073 A020700 0.0000
073 B000700 0.0000
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074 A000700 26
074 B000700 0
074 C000700 0
074 D000700 28299
074 E000700 0
074 F000700 0
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074 M000700 25
074 N000700 28779
074 O000700 259
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074 Q000700 0
074 R010700 0
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074 S000700 0
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<PAGE> PAGE 44
074 Y000700 0
075 A000700 0
075 B000700 26716
076 000700 0.00
008 A000801 COMMERCE BANK, N.A. (ST. LOUIS)
008 B000801 A
008 C000801 801-000000
008 D010801 ST. LOUIS
008 D020801 MO
008 D030801 63105
008 A000802 COMMERCE BANK, N.A. (KANSAS CITY)
008 B000802 A
008 C000802 801-000000
008 D010802 KANSAS CITY
008 D020802 MO
008 D030802 64106
014 A000801 GOLDMAN, SACHS & CO.
014 B000801 8-16048
014 A000802 GOLDMAN SACHS INTERNATIONAL
014 B000802 8-00000
014 A000803 COMMERCE BROKERAGE SERVICE, INC.
014 B000803 8-4125
015 A000801 STATE STREET BANK AND TRUST COMPANY
015 B000801 C
015 C010801 BOSTON
015 C020801 MA
015 C030801 02110
015 E010801 X
024 000800 N
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028 C020800 16
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028 D020800 16
<PAGE> PAGE 45
028 D030800 0
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028 E010800 2181
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028 G020800 100
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033 000800 0
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048 I010800 0
048 I020800 0.000
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048 J020800 0.000
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048 K020800 0.000
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050 000800 N
<PAGE> PAGE 46
051 000800 N
052 000800 N
053 A000800 Y
053 B000800 Y
053 C000800 N
055 A000800 N
055 B000800 N
056 000800 Y
057 000800 N
058 A000800 N
059 000800 Y
060 A000800 N
060 B000800 N
061 000800 1000
062 A000800 Y
062 B000800 0.0
062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 99.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
063 A000800 0
063 B000800 7.9
064 A000800 Y
064 B000800 N
066 A000800 N
067 000800 N
068 A000800 N
068 B000800 N
069 000800 N
070 A010800 Y
070 A020800 Y
070 B010800 N
070 B020800 N
070 C010800 Y
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 Y
070 E020800 N
<PAGE> PAGE 47
070 F010800 N
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 N
070 J020800 N
070 K010800 N
070 K020800 N
070 L010800 N
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 N
070 O020800 N
070 P010800 N
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800 4867
071 B000800 2774
071 C000800 25667
071 D000800 11
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072 B000800 618
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<PAGE> PAGE 48
072 V000800 0
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072 Z000800 532
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008 A000901 COMMERCE BANK, N.A. (ST. LOUIS)
008 B000901 A
<PAGE> PAGE 49
008 C000901 801-000000
008 D010901 ST. LOUIS
008 D020901 MO
008 D030901 63105
008 A000902 COMMERCE BANK, N.A. (KANSAS CITY)
008 B000902 A
008 C000902 801-000000
008 D010902 KANSAS CITY
008 D020902 MO
008 D030902 64106
014 A000901 GOLDMAN, SACHS & CO.
014 B000901 8-16048
014 A000902 GOLDMAN SACHS INTERNATIONAL
014 B000902 8-000000
014 A000903 COMMERCE BROKERAGE SERVICE, INC.
014 B000903 8-4125
015 A000901 STATE STREET BANK AND TRUST COMPANY
015 B000901 C
015 C010901 BOSTON
015 C020901 MA
015 C030901 02110
015 E010901 X
024 000900 Y
025 A000901 BEAR STEARNS COMPANIES,INC.
025 B000901 13-4946705
025 C000901 E
025 D000901 2593
025 A000902 MORGAN STANLEY, DEAN WITTER, DISCOVER & CO.
025 B000902 13-2655990
025 C000902 E
025 D000902 1735
025 A000903 LEHMAN BROTHERS HOLDINGS INC.
025 B000903 13-2518466
025 C000903 E
025 D000903 1912
025 A000904 MERRILL LYNCH & CO.
025 B000904 13-5674085
025 C000904 E
025 D000904 1931
025 D000905 0
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<PAGE> PAGE 50
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<PAGE> PAGE 51
048 J010900 0
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050 000900 N
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067 000900 N
068 A000900 N
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<PAGE> PAGE 52
070 A010900 Y
070 A020900 Y
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070 C010900 N
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 N
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 N
070 M020900 N
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 N
070 P020900 N
070 Q010900 N
070 Q020900 N
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070 R020900 N
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071 C000900 68135
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<PAGE> PAGE 53
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<PAGE> PAGE 54
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SIGNATURE DEBORAH FARRELL
TITLE LEGAL ASSISTANT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
COMMERCEFUNDS SEMI-ANNUAL REPORT DATED APRIL 30,1998 AND IS QUALIFIEDIN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 011
<NAME> SHORT-TERM GOVERNMENT FUND - INST. SHARES
<S> <C>
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<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
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<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 55,620,233
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<SHARES-COMMON-PRIOR> 2,643,812
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<ACCUMULATED-NET-GAINS> (172,452)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 527,601
<NET-ASSETS> 55,982,052
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,720,051
<OTHER-INCOME> 0
<EXPENSES-NET> (177,193)
<NET-INVESTMENT-INCOME> 1,542,858
<REALIZED-GAINS-CURRENT> 7,506
<APPREC-INCREASE-CURRENT> (100,332)
<NET-CHANGE-FROM-OPS> 1,450,032
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,580,758)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12,350,424
<NUMBER-OF-SHARES-REDEEMED> (6,647,694)
<SHARES-REINVESTED> 976,054
<NET-CHANGE-IN-ASSETS> 6,692,003
<ACCUMULATED-NII-PRIOR> 59,144
<ACCUMULATED-GAINS-PRIOR> (179,958)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 129,832
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 278,184
<AVERAGE-NET-ASSETS> 51,861,944
<PER-SHARE-NAV-BEGIN> 18.47
<PER-SHARE-NII> 0.55
<PER-SHARE-GAIN-APPREC> (0.04)
<PER-SHARE-DIVIDEND> (0.56)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.42
<EXPENSE-RATIO> 1.07
<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
COMMERCEFUNDS SEMI-ANNUAL REPORT DATED APRIL 30,1998 AND IS QUALIFIEDIN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 012
<NAME> SHORT-TERM GOVERNMENT FUND - SERVICE SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 55,086,481
<INVESTMENTS-AT-VALUE> 55,614,082
<RECEIVABLES> 531,608
<ASSETS-OTHER> 15,693
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 56,177,438
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 195,386
<TOTAL-LIABILITIES> 195,386
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 55,620,233
<SHARES-COMMON-STOCK> 32,941
<SHARES-COMMON-PRIOR> 24,359
<ACCUMULATED-NII-CURRENT> 6,670
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (172,452)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 527,601
<NET-ASSETS> 55,982,052
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,720,051
<OTHER-INCOME> 0
<EXPENSES-NET> (177,193)
<NET-INVESTMENT-INCOME> 1,542,858
<REALIZED-GAINS-CURRENT> 7,506
<APPREC-INCREASE-CURRENT> (100,332)
<NET-CHANGE-FROM-OPS> 1,450,032
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (14,574)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 150,385
<NUMBER-OF-SHARES-REDEEMED> (3,375)
<SHARES-REINVESTED> 11,509
<NET-CHANGE-IN-ASSETS> 6,692,003
<ACCUMULATED-NII-PRIOR> 59,144
<ACCUMULATED-GAINS-PRIOR> (179,958)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 129,832
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 278,184
<AVERAGE-NET-ASSETS> 501,184
<PER-SHARE-NAV-BEGIN> 18.47
<PER-SHARE-NII> 0.53
<PER-SHARE-GAIN-APPREC> (0.03)
<PER-SHARE-DIVIDEND> (0.54)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.43
<EXPENSE-RATIO> 1.32
<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 COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30,1998 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 021
<NAME> BOND FUND - INST. SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 258,798,605
<INVESTMENTS-AT-VALUE> 267,948,355
<RECEIVABLES> 3,864,669
<ASSETS-OTHER> 19,519
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 271,832,543
<PAYABLE-FOR-SECURITIES> 9,893,025
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 611,677
<TOTAL-LIABILITIES> 10,504,702
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 251,785,362
<SHARES-COMMON-STOCK> 13,373,547
<SHARES-COMMON-PRIOR> 11,207,266
<ACCUMULATED-NII-CURRENT> 106,819
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 285,910
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 9,149,750
<NET-ASSETS> 261,327,841
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8,062,119
<OTHER-INCOME> 0
<EXPENSES-NET> (985,230)
<NET-INVESTMENT-INCOME> 7,076,889
<REALIZED-GAINS-CURRENT> 502,746
<APPREC-INCREASE-CURRENT> 23,781
<NET-CHANGE-FROM-OPS> 7,603,416
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7,051,999)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 61,657,052
<NUMBER-OF-SHARES-REDEEMED> (24,505,388)
<SHARES-REINVESTED> 5,019,040
<NET-CHANGE-IN-ASSETS> 42,786,224
<ACCUMULATED-NII-PRIOR> 103,694
<ACCUMULATED-GAINS-PRIOR> (216,836)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 595,589
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 985,230
<AVERAGE-NET-ASSETS> 239,430,099
<PER-SHARE-NAV-BEGIN> 19.43
<PER-SHARE-NII> 0.58
<PER-SHARE-GAIN-APPREC> 0.05
<PER-SHARE-DIVIDEND> (0.58)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.48
<EXPENSE-RATIO> 0.83
<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 COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30,1998 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 022
<NAME> BOND FUND - SERVICE SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 258,798,605
<INVESTMENTS-AT-VALUE> 267,948,355
<RECEIVABLES> 3,864,669
<ASSETS-OTHER> 19,519
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 271,832,543
<PAYABLE-FOR-SECURITIES> 9,893,025
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 611,677
<TOTAL-LIABILITIES> 10,504,702
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 251,785,362
<SHARES-COMMON-STOCK> 42,460
<SHARES-COMMON-PRIOR> 38,047
<ACCUMULATED-NII-CURRENT> 106,819
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 285,910
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 9,149,750
<NET-ASSETS> 261,327,841
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8,062,119
<OTHER-INCOME> 0
<EXPENSES-NET> (985,230)
<NET-INVESTMENT-INCOME> 7,076,889
<REALIZED-GAINS-CURRENT> 502,746
<APPREC-INCREASE-CURRENT> 23,781
<NET-CHANGE-FROM-OPS> 7,603,416
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (21,765)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 105,346
<NUMBER-OF-SHARES-REDEEMED> (40,223)
<SHARES-REINVESTED> 20,745
<NET-CHANGE-IN-ASSETS> 42,786,224
<ACCUMULATED-NII-PRIOR> 103,694
<ACCUMULATED-GAINS-PRIOR> (216,836)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 595,589
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 985,230
<AVERAGE-NET-ASSETS> 779,650
<PER-SHARE-NAV-BEGIN> 19.43
<PER-SHARE-NII> 0.55
<PER-SHARE-GAIN-APPREC> 0.05
<PER-SHARE-DIVIDEND> (0.55)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 19.48
<EXPENSE-RATIO> 1.08
<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 COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30,1998 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCETO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 031
<NAME> BALANCED FUND - INST. SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 110,380,769
<INVESTMENTS-AT-VALUE> 133,618,472
<RECEIVABLES> 851,196
<ASSETS-OTHER> 18,488
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 134,488,156
<PAYABLE-FOR-SECURITIES> 618,314
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 174,230
<TOTAL-LIABILITIES> 792,544
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 100,951,074
<SHARES-COMMON-STOCK> 4,554,277
<SHARES-COMMON-PRIOR> 3,966,282
<ACCUMULATED-NII-CURRENT> 241,403
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9,265,432
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 23,237,703
<NET-ASSETS> 133,695,612
<DIVIDEND-INCOME> 495,946
<INTEREST-INCOME> 1,399,521
<OTHER-INCOME> 0
<EXPENSES-NET> (687,772)
<NET-INVESTMENT-INCOME> 1,207,695
<REALIZED-GAINS-CURRENT> 9,315,945
<APPREC-INCREASE-CURRENT> 6,113,132
<NET-CHANGE-FROM-OPS> 16,636,772
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,159,991)
<DISTRIBUTIONS-OF-GAINS> (5,448,631)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 23,376,915
<NUMBER-OF-SHARES-REDEEMED> (14,297,585)
<SHARES-REINVESTED> 6,547,360
<NET-CHANGE-IN-ASSETS> 26,694,751
<ACCUMULATED-NII-PRIOR> 209,213
<ACCUMULATED-GAINS-PRIOR> 5,464,554
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 606,668
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 897,164
<AVERAGE-NET-ASSETS> 120,534,523
<PER-SHARE-NAV-BEGIN> 26.67
<PER-SHARE-NII> 0.26
<PER-SHARE-GAIN-APPREC> 3.44
<PER-SHARE-DIVIDEND> (0.26)
<PER-SHARE-DISTRIBUTIONS> (1.30)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 28.81
<EXPENSE-RATIO> 1.48
<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 COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30,1998 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCETO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 032
<NAME> BALANCED FUND - SERVICE SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 110,380,769
<INVESTMENTS-AT-VALUE> 133,618,472
<RECEIVABLES> 851,196
<ASSETS-OTHER> 18,488
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 134,488,156
<PAYABLE-FOR-SECURITIES> 618,314
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 174,230
<TOTAL-LIABILITIES> 792,544
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 100,951,074
<SHARES-COMMON-STOCK> 86,950
<SHARES-COMMON-PRIOR> 45,717
<ACCUMULATED-NII-CURRENT> 241,403
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9,265,432
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 23,237,703
<NET-ASSETS> 133,695,612
<DIVIDEND-INCOME> 495,946
<INTEREST-INCOME> 1,399,521
<OTHER-INCOME> 0
<EXPENSES-NET> (687,772)
<NET-INVESTMENT-INCOME> 1,207,695
<REALIZED-GAINS-CURRENT> 9,315,945
<APPREC-INCREASE-CURRENT> 6,113,132
<NET-CHANGE-FROM-OPS> 16,636,772
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (15,514)
<DISTRIBUTIONS-OF-GAINS> (66,436)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,068,952
<NUMBER-OF-SHARES-REDEEMED> (25,935)
<SHARES-REINVESTED> 78,844
<NET-CHANGE-IN-ASSETS> 26,694,751
<ACCUMULATED-NII-PRIOR> 209,213
<ACCUMULATED-GAINS-PRIOR> 5,464,554
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 606,668
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 897,164
<AVERAGE-NET-ASSETS> 1,804,644
<PER-SHARE-NAV-BEGIN> 26.66
<PER-SHARE-NII> 0.24
<PER-SHARE-GAIN-APPREC> 3.42
<PER-SHARE-DIVIDEND> (0.23)
<PER-SHARE-DISTRIBUTIONS> (1.30)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 28.79
<EXPENSE-RATIO> 1.73
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTIANS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 041
<NAME> GROWTH FUND - INST. SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 291,277,866
<INVESTMENTS-AT-VALUE> 431,167,062
<RECEIVABLES> 1,431,190
<ASSETS-OTHER> 22,693
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 432,620,945
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 504,204
<TOTAL-LIABILITIES> 504,204
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 264,452,729
<SHARES-COMMON-STOCK> 10,756,186
<SHARES-COMMON-PRIOR> 9,953,941
<ACCUMULATED-NII-CURRENT> (12,604)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 27,787,420
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 139,889,196
<NET-ASSETS> 432,116,741
<DIVIDEND-INCOME> 2,132,272
<INTEREST-INCOME> 419,818
<OTHER-INCOME> 0
<EXPENSES-NET> (2,114,525)
<NET-INVESTMENT-INCOME> 437,565
<REALIZED-GAINS-CURRENT> 27,787,739
<APPREC-INCREASE-CURRENT> 48,951,005
<NET-CHANGE-FROM-OPS> 77,176,309
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (489,502)
<DISTRIBUTIONS-OF-GAINS> (22,597,342)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 46,552,025
<NUMBER-OF-SHARES-REDEEMED> (39,495,837)
<SHARES-REINVESTED> 20,251,342
<NET-CHANGE-IN-ASSETS> 82,585,331
<ACCUMULATED-NII-PRIOR> 40,695
<ACCUMULATED-GAINS-PRIOR> 22,981,464
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,444,202
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,114,525
<AVERAGE-NET-ASSETS> 381,492,828
<PER-SHARE-NAV-BEGIN> 34.54
<PER-SHARE-NII> 0.04
<PER-SHARE-GAIN-APPREC> 7.11
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> (2.24)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 39.40
<EXPENSE-RATIO> 1.09
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTIANS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 042
<NAME> GROWTH FUND - SERVICE SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 291,277,866
<INVESTMENTS-AT-VALUE> 431,167,062
<RECEIVABLES> 1,431,190
<ASSETS-OTHER> 22,693
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 432,620,945
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 504,204
<TOTAL-LIABILITIES> 504,204
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 264,452,729
<SHARES-COMMON-STOCK> 210,820
<SHARES-COMMON-PRIOR> 166,880
<ACCUMULATED-NII-CURRENT> (12,604)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 27,787,420
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 139,889,196
<NET-ASSETS> 432,116,741
<DIVIDEND-INCOME> 2,132,272
<INTEREST-INCOME> 419,818
<OTHER-INCOME> 0
<EXPENSES-NET> (2,114,525)
<NET-INVESTMENT-INCOME> 437,565
<REALIZED-GAINS-CURRENT> 27,787,739
<APPREC-INCREASE-CURRENT> 48,951,005
<NET-CHANGE-FROM-OPS> 77,176,309
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,362)
<DISTRIBUTIONS-OF-GAINS> (384,441)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,568,634
<NUMBER-OF-SHARES-REDEEMED> (376,238)
<SHARES-REINVESTED> 381,743
<NET-CHANGE-IN-ASSETS> 82,585,331
<ACCUMULATED-NII-PRIOR> 40,695
<ACCUMULATED-GAINS-PRIOR> 22,981,464
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,444,202
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,114,525
<AVERAGE-NET-ASSETS> 6,819,249
<PER-SHARE-NAV-BEGIN> 34.50
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 7.11
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> (2.24)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 39.36
<EXPENSE-RATIO> 1.35
<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 COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 051
<NAME> MID CAP FUND - INST. SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 106,535,190
<INVESTMENTS-AT-VALUE> 148,502,594
<RECEIVABLES> 2,478,720
<ASSETS-OTHER> 17,335
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 150,998,649
<PAYABLE-FOR-SECURITIES> 2,322,584
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 175,834
<TOTAL-LIABILITIES> 2,498,418
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 100,064,738
<SHARES-COMMON-STOCK> 3,833,752
<SHARES-COMMON-PRIOR> 3,404,956
<ACCUMULATED-NII-CURRENT> (403,796)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6,871,885
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 41,967,404
<NET-ASSETS> 148,500,231
<DIVIDEND-INCOME> 261,705
<INTEREST-INCOME> 63,517
<OTHER-INCOME> 0
<EXPENSES-NET> (729,018)
<NET-INVESTMENT-INCOME> (403,796)
<REALIZED-GAINS-CURRENT> 6,871,777
<APPREC-INCREASE-CURRENT> 19,719,969
<NET-CHANGE-FROM-OPS> 26,187,950
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (6,316,543)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 27,892,508
<NUMBER-OF-SHARES-REDEEMED> (17,131,997)
<SHARES-REINVESTED> 4,554,809
<NET-CHANGE-IN-ASSETS> 35,399,763
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 6,353,337
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 469,639
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 729,018
<AVERAGE-NET-ASSETS> 125,483,079
<PER-SHARE-NAV-BEGIN> 33.02
<PER-SHARE-NII> (0.08)
<PER-SHARE-GAIN-APPREC> 7.33
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.80)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 38.47
<EXPENSE-RATIO> 1.16
<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 COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 052
<NAME> MID CAP FUND - SERVICE SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 106,535,190
<INVESTMENTS-AT-VALUE> 148,502,594
<RECEIVABLES> 2,478,720
<ASSETS-OTHER> 17,335
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 150,998,649
<PAYABLE-FOR-SECURITIES> 2,322,584
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 175,834
<TOTAL-LIABILITIES> 2,498,418
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 100,064,738
<SHARES-COMMON-STOCK> 27,038
<SHARES-COMMON-PRIOR> 19,980
<ACCUMULATED-NII-CURRENT> (403,796)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6,871,885
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 41,967,404
<NET-ASSETS> 148,500,231
<DIVIDEND-INCOME> 261,705
<INTEREST-INCOME> 63,517
<OTHER-INCOME> 0
<EXPENSES-NET> (729,018)
<NET-INVESTMENT-INCOME> (403,796)
<REALIZED-GAINS-CURRENT> 6,871,777
<APPREC-INCREASE-CURRENT> 19,719,969
<NET-CHANGE-FROM-OPS> 26,187,950
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (36,686)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 262,504
<NUMBER-OF-SHARES-REDEEMED> (49,415)
<SHARES-REINVESTED> 36,633
<NET-CHANGE-IN-ASSETS> 35,399,763
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 6,353,337
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 469,639
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 729,018
<AVERAGE-NET-ASSETS> 791,849
<PER-SHARE-NAV-BEGIN> 32.94
<PER-SHARE-NII> (0.10)
<PER-SHARE-GAIN-APPREC> 7.27
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.80)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 38.31
<EXPENSE-RATIO> 1.41
<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 COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 061
<NAME> INTERNATIONAL EQUITY FUND - INST. SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 85,334,965
<INVESTMENTS-AT-VALUE> 103,106,991
<RECEIVABLES> 1,594,390
<ASSETS-OTHER> 888,383
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 105,589,764
<PAYABLE-FOR-SECURITIES> 2,624,335
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 184,311
<TOTAL-LIABILITIES> 2,808,646
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 86,815,784
<SHARES-COMMON-STOCK> 4,183,867
<SHARES-COMMON-PRIOR> 3,541,115
<ACCUMULATED-NII-CURRENT> 55,623
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,810,693
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17,720,404
<NET-ASSETS> 102,781,118
<DIVIDEND-INCOME> 651,661
<INTEREST-INCOME> 164,068
<OTHER-INCOME> 0
<EXPENSES-NET> (711,316)
<NET-INVESTMENT-INCOME> 104,413
<REALIZED-GAINS-CURRENT> (1,724,147)
<APPREC-INCREASE-CURRENT> 13,393,441
<NET-CHANGE-FROM-OPS> 11,773,707
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (284,323)
<DISTRIBUTIONS-OF-GAINS> (2,052,413)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 20,333,147
<NUMBER-OF-SHARES-REDEEMED> (7,195,365)
<SHARES-REINVESTED> 1,653,449
<NET-CHANGE-IN-ASSETS> 24,277,200
<ACCUMULATED-NII-PRIOR> 236,149
<ACCUMULATED-GAINS-PRIOR> 1,972,065
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 650,070
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 930,043
<AVERAGE-NET-ASSETS> 87,131,153
<PER-SHARE-NAV-BEGIN> 22.10
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 3.02
<PER-SHARE-DIVIDEND> (0.08)
<PER-SHARE-DISTRIBUTIONS> (0.57)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 24.49
<EXPENSE-RATIO> 2.14
<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 COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 062
<NAME> INTERNATIONAL EQUITY FUND - SERVICE SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 85,334,965
<INVESTMENTS-AT-VALUE> 103,106,991
<RECEIVABLES> 1,594,390
<ASSETS-OTHER> 888,383
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 105,589,764
<PAYABLE-FOR-SECURITIES> 2,624,335
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 184,311
<TOTAL-LIABILITIES> 2,808,646
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 86,815,784
<SHARES-COMMON-STOCK> 12,850
<SHARES-COMMON-PRIOR> 10,449
<ACCUMULATED-NII-CURRENT> 55,623
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,810,693
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17,720,404
<NET-ASSETS> 102,781,118
<DIVIDEND-INCOME> 651,661
<INTEREST-INCOME> 164,068
<OTHER-INCOME> 0
<EXPENSES-NET> (711,316)
<NET-INVESTMENT-INCOME> 104,413
<REALIZED-GAINS-CURRENT> (1,724,147)
<APPREC-INCREASE-CURRENT> 13,393,441
<NET-CHANGE-FROM-OPS> 11,773,707
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (616)
<DISTRIBUTIONS-OF-GAINS> (6,198)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 69,026
<NUMBER-OF-SHARES-REDEEMED> (19,951)
<SHARES-REINVESTED> 6,737
<NET-CHANGE-IN-ASSETS> 24,277,200
<ACCUMULATED-NII-PRIOR> 236,149
<ACCUMULATED-GAINS-PRIOR> 1,972,065
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 650,070
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 930,043
<AVERAGE-NET-ASSETS> 263,104
<PER-SHARE-NAV-BEGIN> 22.06
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 2.98
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> (0.57)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 24.44
<EXPENSE-RATIO> 2.39
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTIANS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30,1998 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 071
<NAME> NATIONAL TAX-FREE BOND FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 27,734,562
<INVESTMENTS-AT-VALUE> 28,299,339
<RECEIVABLES> 429,158
<ASSETS-OTHER> 50,578
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 28,779,075
<PAYABLE-FOR-SECURITIES> 258,615
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 137,992
<TOTAL-LIABILITIES> 396,607
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 27,755,652
<SHARES-COMMON-STOCK> 1,505,917
<SHARES-COMMON-PRIOR> 1,341,115
<ACCUMULATED-NII-CURRENT> 15,303
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 46,736
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 564,777
<NET-ASSETS> 28,382,468
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 620,316
<OTHER-INCOME> 0
<EXPENSES-NET> (103,063)
<NET-INVESTMENT-INCOME> 517,253
<REALIZED-GAINS-CURRENT> 46,868
<APPREC-INCREASE-CURRENT> (69,356)
<NET-CHANGE-FROM-OPS> 494,765
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (517,253)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,409,850
<NUMBER-OF-SHARES-REDEEMED> (1,360,006)
<SHARES-REINVESTED> 74,306
<NET-CHANGE-IN-ASSETS> 3,101,662
<ACCUMULATED-NII-PRIOR> 15,303
<ACCUMULATED-GAINS-PRIOR> (132)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 66,242
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 143,338
<AVERAGE-NET-ASSETS> 26,716,303
<PER-SHARE-NAV-BEGIN> 18.85
<PER-SHARE-NII> 0.37
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.37)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.85
<EXPENSE-RATIO> 1.08
<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 COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 081
<NAME> MISSOURI TAX-FREE BOND FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 27,749,478
<INVESTMENTS-AT-VALUE> 28,239,055
<RECEIVABLES> 833,014
<ASSETS-OTHER> 63,531
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 29,135,600
<PAYABLE-FOR-SECURITIES> 497,763
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 99,317
<TOTAL-LIABILITIES> 597,080
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 28,029,928
<SHARES-COMMON-STOCK> 1,530,882
<SHARES-COMMON-PRIOR> 1,312,685
<ACCUMULATED-NII-CURRENT> 16,564
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,451
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 489,577
<NET-ASSETS> 28,538,520
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 618,353
<OTHER-INCOME> 0
<EXPENSES-NET> (86,512)
<NET-INVESTMENT-INCOME> 531,841
<REALIZED-GAINS-CURRENT> 2,540
<APPREC-INCREASE-CURRENT> 35,325
<NET-CHANGE-FROM-OPS> 569,706
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (531,649)
<DISTRIBUTIONS-OF-GAINS> (18,974)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,866,534
<NUMBER-OF-SHARES-REDEEMED> (1,881,012)
<SHARES-REINVESTED> 100,245
<NET-CHANGE-IN-ASSETS> 4,104,850
<ACCUMULATED-NII-PRIOR> 16,372
<ACCUMULATED-GAINS-PRIOR> 18,885
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 66,548
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 139,069
<AVERAGE-NET-ASSETS> 26,839,606
<PER-SHARE-NAV-BEGIN> 18.61
<PER-SHARE-NII> 0.37
<PER-SHARE-GAIN-APPREC> 0.04
<PER-SHARE-DIVIDEND> (0.37)
<PER-SHARE-DISTRIBUTIONS> (0.01)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.64
<EXPENSE-RATIO> 1.04
<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 COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 091
<NAME> GROWTH AND INCOME FUND - INST. SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 79,553,080
<INVESTMENTS-AT-VALUE> 91,952,740
<RECEIVABLES> 1,124,660
<ASSETS-OTHER> 16,341
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 93,093,741
<PAYABLE-FOR-SECURITIES> 1,820,129
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 371,303
<TOTAL-LIABILITIES> 2,191,432
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 77,617,291
<SHARES-COMMON-STOCK> 3,536,314
<SHARES-COMMON-PRIOR> 2,070,789
<ACCUMULATED-NII-CURRENT> 74,036
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 811,322
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 12,399,660
<NET-ASSETS> 90,902,309
<DIVIDEND-INCOME> 660,830
<INTEREST-INCOME> 53,233
<OTHER-INCOME> 0
<EXPENSES-NET> (409,945)
<NET-INVESTMENT-INCOME> 304,118
<REALIZED-GAINS-CURRENT> 811,287
<APPREC-INCREASE-CURRENT> 9,524,013
<NET-CHANGE-FROM-OPS> 10,639,418
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (256,457)
<DISTRIBUTIONS-OF-GAINS> (96,153)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 40,815,323
<NUMBER-OF-SHARES-REDEEMED> (6,998,300)
<SHARES-REINVESTED> 255,523
<NET-CHANGE-IN-ASSETS> 43,140,866
<ACCUMULATED-NII-PRIOR> 28,799
<ACCUMULATED-GAINS-PRIOR> 101,071
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 260,434
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 409,945
<AVERAGE-NET-ASSETS> 68,337,617
<PER-SHARE-NAV-BEGIN> 21.82
<PER-SHARE-NII> 0.10
<PER-SHARE-GAIN-APPREC> 3.46
<PER-SHARE-DIVIDEND> (0.09)
<PER-SHARE-DISTRIBUTIONS> (0.04)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 25.25
<EXPENSE-RATIO> 1.17
<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 COMMERCE
FUNDS SEMI-ANNUAL REPORT DATED APRIL 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY
BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 092
<NAME> GROWTH AND INCOME FUND - SERVICE SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-START> NOV-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 79,553,080
<INVESTMENTS-AT-VALUE> 91,952,740
<RECEIVABLES> 1,124,660
<ASSETS-OTHER> 16,341
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 93,093,741
<PAYABLE-FOR-SECURITIES> 1,820,129
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 371,303
<TOTAL-LIABILITIES> 2,191,432
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 77,617,291
<SHARES-COMMON-STOCK> 64,280
<SHARES-COMMON-PRIOR> 118,667
<ACCUMULATED-NII-CURRENT> 74,036
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 811,322
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 12,399,660
<NET-ASSETS> 90,902,309
<DIVIDEND-INCOME> 660,830
<INTEREST-INCOME> 53,233
<OTHER-INCOME> 0
<EXPENSES-NET> (409,945)
<NET-INVESTMENT-INCOME> 304,118
<REALIZED-GAINS-CURRENT> 811,287
<APPREC-INCREASE-CURRENT> 9,524,013
<NET-CHANGE-FROM-OPS> 10,639,418
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,424)
<DISTRIBUTIONS-OF-GAINS> (4,883)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 601,919
<NUMBER-OF-SHARES-REDEEMED> (1,817,399)
<SHARES-REINVESTED> 4,299
<NET-CHANGE-IN-ASSETS> 43,140,866
<ACCUMULATED-NII-PRIOR> 28,799
<ACCUMULATED-GAINS-PRIOR> 101,071
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 260,434
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 409,945
<AVERAGE-NET-ASSETS> 1,686,882
<PER-SHARE-NAV-BEGIN> 21.81
<PER-SHARE-NII> 0.10
<PER-SHARE-GAIN-APPREC> 3.44
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> (0.04)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 25.26
<EXPENSE-RATIO> 1.42
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
Terms of New and Amended Securities
Classes A-2, B-2, C-2, D-2, E-2, F-2 and I-2, known as Service
Shares, and representing shares of beneficial interest in the
Commerce Short-Term Government, Commerce Bond, Commerce
Balanced,Commerce Growth, Commerce MidCap, Commerce International
Equity and Commerce Growth and Income Funds, respectively, the
Class I-1, known as Institutional Shares, and representing shares
of beneficial interest in the Commerce Growth and Income Fund.
Shares of each of the foregoing classes are issued without par
value and will be, when issued, fully paid and non-assessable.
Each share of a series represents an equal beneficial interest in
the net assets of such series. Each holder of shares of a series
shall be entitled to receive distributions of income and capital
gains, if any, which are made with respect to such series and
which are attributable to such shares. Except when required by
the Investment Company Act of 1940 or when the Board of Trustees
has determined a matter affects the interests of more than one
series, all shares shall be voted separately by individual
series. The Board of Trustees may also determine that a matter
affects only the interests of one or more classes of a series in
which case any such matter shall be voted on by such class or classes.