<ARTICLE> 6
<CIK> 0001029879
<NAME> WARBURG PINCUS TRUST II

   <NUMBER> 01
   <NAME> FIXED INCOME PORTFOLIO

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                          3903222
<INVESTMENTS-AT-VALUE>                         3833510
<RECEIVABLES>                                    66827
<ASSETS-OTHER>                                    2862
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 3903199
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         7488
<TOTAL-LIABILITIES>                               7488
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       3924269
<SHARES-COMMON-STOCK>                           378095
<SHARES-COMMON-PRIOR>                           455630
<ACCUMULATED-NII-CURRENT>                       111519
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (70365)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       (69712)
<NET-ASSETS>                                   3895711
<DIVIDEND-INCOME>                                  198
<INTEREST-INCOME>                               135219
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (23913)
<NET-INVESTMENT-INCOME>                         111504
<REALIZED-GAINS-CURRENT>                       (25851)
<APPREC-INCREASE-CURRENT>                        36506
<NET-CHANGE-FROM-OPS>                           122159
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         200465
<NUMBER-OF-SHARES-REDEEMED>                   (979277)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        (656653)
<ACCUMULATED-NII-PRIOR>                             15
<ACCUMULATED-GAINS-PRIOR>                      (44514)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            10392
<INTEREST-EXPENSE>                                  15
<GROSS-EXPENSE>                                  53942
<AVERAGE-NET-ASSETS>                           4179753
<PER-SHARE-NAV-BEGIN>                             9.99
<PER-SHARE-NII>                                    .29
<PER-SHARE-GAIN-APPREC>                            .02
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.30
<EXPENSE-RATIO>                                   1.17