<ARTICLE> 6
<CIK> 0000862342
<NAME> THE RIVERFRONT FUNDS INC.
<SERIES>
   <NUMBER> 051
   <NAME> THE RIVERFRONT BALANCED FUND
       
                             
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                       18,057,693
<INVESTMENTS-AT-VALUE>                      20,982,175
<RECEIVABLES>                                  105,478
<ASSETS-OTHER>                                   7,734
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              21,095,387
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       49,539
<TOTAL-LIABILITIES>                             49,539
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    17,990,174
<SHARES-COMMON-STOCK>                          777,175<F1>
<SHARES-COMMON-PRIOR>                          922,900<F1>
<ACCUMULATED-NII-CURRENT>                        3,979
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        127,213
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     2,924,482
<NET-ASSETS>                                21,045,848
<DIVIDEND-INCOME>                              233,985
<INTEREST-INCOME>                              520,993
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 477,019
<NET-INVESTMENT-INCOME>                        277,959
<REALIZED-GAINS-CURRENT>                     1,983,851
<APPREC-INCREASE-CURRENT>                      870,883
<NET-CHANGE-FROM-OPS>                        3,132,693
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      180,288<F1>
<DISTRIBUTIONS-OF-GAINS>                       786,461<F1>
<DISTRIBUTIONS-OTHER>                                0<F1>
<NUMBER-OF-SHARES-SOLD>                        207,417
<NUMBER-OF-SHARES-REDEEMED>                    437,775
<SHARES-REINVESTED>                            156,705
<NET-CHANGE-IN-ASSETS>                         251,370
<ACCUMULATED-NII-PRIOR>                          2,553
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                   (153,662)
<GROSS-ADVISORY-FEES>                          185,950
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                508,359 
<AVERAGE-NET-ASSETS>                         9,905,678<F1>
<PER-SHARE-NAV-BEGIN>                            11.69<F1>
<PER-SHARE-NII>                                   0.23<F1>
<PER-SHARE-GAIN-APPREC>                           1.71<F1>
<PER-SHARE-DIVIDEND>                              0.23<F1>
<PER-SHARE-DISTRIBUTIONS>                         1.10<F1>
<RETURNS-OF-CAPITAL>                              0.00<F1>
<PER-SHARE-NAV-END>                              12.30<F1>
<EXPENSE-RATIO>                                   1.86<F1>
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
<FN>
<F1>CLASS A SHARES
</FN>