<ARTICLE> 6
<CIK> 0000862342
<NAME> THE RIVERFRONT FUNDS INC.                 
<SERIES>
   <NUMBER> 022
   <NAME> THE RIVERFRONT U.S. GOVERNMENT INCOME FUND
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                       49,153,218
<INVESTMENTS-AT-VALUE>                      49,741,917
<RECEIVABLES>                                  632,073
<ASSETS-OTHER>                                   5,482
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              50,379,472
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       53,044
<TOTAL-LIABILITIES>                             53,044
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    50,806,345
<SHARES-COMMON-STOCK>                          122,570<F1>
<SHARES-COMMON-PRIOR>                          121,807<F1>
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                   (1,068,616)
<ACCUM-APPREC-OR-DEPREC>                       588,699
<NET-ASSETS>                                50,326,428
<DIVIDEND-INCOME>                               85,440
<INTEREST-INCOME>                            3,195,536
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 582,688
<NET-INVESTMENT-INCOME>                      2,698,288
<REALIZED-GAINS-CURRENT>                       781,702
<APPREC-INCREASE-CURRENT>                     (56,510)
<NET-CHANGE-FROM-OPS>                        3,423,480
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       75,966<F1>
<DISTRIBUTIONS-OF-GAINS>                             0<F1>
<DISTRIBUTIONS-OTHER>                                0<F1>
<NUMBER-OF-SHARES-SOLD>                      2,209,218
<NUMBER-OF-SHARES-REDEEMED>                    664,598
<SHARES-REINVESTED>                             53,203
<NET-CHANGE-IN-ASSETS>                      15,335,595
<ACCUMULATED-NII-PRIOR>                         30,029
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                   1,855,439
<GROSS-ADVISORY-FEES>                          200,909
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                611,985
<AVERAGE-NET-ASSETS>                         1,398,487<F1>
<PER-SHARE-NAV-BEGIN>                            10.64<F1>
<PER-SHARE-NII>                                   0.48<F1>
<PER-SHARE-GAIN-APPREC>                           0.14<F1>
<PER-SHARE-DIVIDEND>                              0.58<F1>
<PER-SHARE-DISTRIBUTIONS>                         0.00<F1>
<RETURNS-OF-CAPITAL>                              0.00<F1>
<PER-SHARE-NAV-END>                              10.68<F1>
<EXPENSE-RATIO>                                   1.95<F1>
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
<FN>
<F1>CLASS B SHARES
</FN>