WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

 

<ARTICLE> 6
<LEGEND>
Arizona Tax Exempt Income Fund


   <NUMBER> 3
   <NAME> CLASS M

                             
<PERIOD-TYPE>                   ANNUAL
<FISCAL-YEAR-END>                          MAY-31-2000
<PERIOD-END>                               MAY-31-2000
<INVESTMENTS-AT-COST>                      121,497,408
<INVESTMENTS-AT-VALUE>                     118,407,498
<RECEIVABLES>                                3,802,465
<ASSETS-OTHER>                                  23,471
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             122,233,434
<PAYABLE-FOR-SECURITIES>                     1,991,570
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      634,476
<TOTAL-LIABILITIES>                          2,626,046
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   125,213,089
<SHARES-COMMON-STOCK>                           99,248
<SHARES-COMMON-PRIOR>                           61,709
<ACCUMULATED-NII-CURRENT>                      355,608
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                   (2,900,881)
<ACCUM-APPREC-OR-DEPREC>                   (3,060,428)
<NET-ASSETS>                               119,607,388
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            7,997,684
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,260,946
<NET-INVESTMENT-INCOME>                      6,736,738
<REALIZED-GAINS-CURRENT>                     (372,770)
<APPREC-INCREASE-CURRENT>                  (9,950,451)
<NET-CHANGE-FROM-OPS>                      (3,586,483)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (39,688)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         38,588
<NUMBER-OF-SHARES-REDEEMED>                    (4,481)
<SHARES-REINVESTED>                              3,432
<NET-CHANGE-IN-ASSETS>                    (22,647,639)
<ACCUMULATED-NII-PRIOR>                        209,305
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                 (2,528,111)
<GROSS-ADVISORY-FEES>                          632,259
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,326,873
<AVERAGE-NET-ASSETS>                           780,625
<PER-SHARE-NAV-BEGIN>                             9.23
<PER-SHARE-NII>                                    .44
<PER-SHARE-GAIN-APPREC>                          (.68)
<PER-SHARE-DIVIDEND>                             (.44)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.55
<EXPENSE-RATIO>                                   1.16
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0