<ARTICLE> 6 <CIK> 0000721704 <NAME> GOLDEN RAINBOW FUND <SERIES> <NUMBER> 02 <NAME> CLASS A <MULTIPLIER> 1 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> JUN-30-1996 <PERIOD-START> JUL-01-1995 <PERIOD-END> JUN-30-1996 <INVESTMENTS-AT-COST> 161,208,709 <INVESTMENTS-AT-VALUE> 183,086,813 <RECEIVABLES> 1,727,612 <ASSETS-OTHER> 11,586 <OTHER-ITEMS-ASSETS> 0 <TOTAL-ASSETS> 184,826,011 <PAYABLE-FOR-SECURITIES> 0 <SENIOR-LONG-TERM-DEBT> 0 <OTHER-ITEMS-LIABILITIES> 518,949 <TOTAL-LIABILITIES> 518,949 <SENIOR-EQUITY> 0 <PAID-IN-CAPITAL-COMMON> 164,429,171 <SHARES-COMMON-STOCK> 10,494,564 <SHARES-COMMON-PRIOR> 10,481,430 <ACCUMULATED-NII-CURRENT> 8,324 <OVERDISTRIBUTION-NII> 0 <ACCUMULATED-NET-GAINS> 3,654,411 <OVERDISTRIBUTION-GAINS> 0 <ACCUM-APPREC-OR-DEPREC> 16,215,156 <NET-ASSETS> 184,307,062 <DIVIDEND-INCOME> 1,772,583 <INTEREST-INCOME> 8,040,943 <OTHER-INCOME> 0 <EXPENSES-NET> (2,057,358) <NET-INVESTMENT-INCOME> 7,756,168 <REALIZED-GAINS-CURRENT> 12,088,033 <APPREC-INCREASE-CURRENT> (5,260,060) <NET-CHANGE-FROM-OPS> 14,584,141 <EQUALIZATION> 0 <DISTRIBUTIONS-OF-INCOME> (7,849,812) <DISTRIBUTIONS-OF-GAINS> (13,926,555) <DISTRIBUTIONS-OTHER> 0 <NUMBER-OF-SHARES-SOLD> 1,286,586 <NUMBER-OF-SHARES-REDEEMED> (2,390,075) <SHARES-REINVESTED> 1,116,623 <NET-CHANGE-IN-ASSETS> (7,165,465) <ACCUMULATED-NII-PRIOR> 101,968 <ACCUMULATED-GAINS-PRIOR> 5,492,933 <OVERDISTRIB-NII-PRIOR> 0 <OVERDIST-NET-GAINS-PRIOR> 0 <GROSS-ADVISORY-FEES> 1,434,522 <INTEREST-EXPENSE> 0 <GROSS-EXPENSE> 2,445,841 <AVERAGE-NET-ASSETS> 193,556,959 <PER-SHARE-NAV-BEGIN> 18.27 <PER-SHARE-NII> 0.73 <PER-SHARE-GAIN-APPREC> 0.61 <PER-SHARE-DIVIDEND> (0.74) <PER-SHARE-DISTRIBUTIONS> (1.31) <RETURNS-OF-CAPITAL> 0.00 <PER-SHARE-NAV-END> 17.56 <EXPENSE-RATIO> 1.06 <AVG-DEBT-OUTSTANDING> 0 <AVG-DEBT-PER-SHARE> 0