<ARTICLE> 6 <CIK> 0000764860 <NAME> FLAGSHIP ALABAMA DOUBLE TAX EXEMPT FUND <SERIES> <NUMBER> 231 <NAME> CLASS A <MULTIPLIER> 1 <PERIOD-TYPE> YEAR <FISCAL-YEAR-END> MAY-31-1996 <PERIOD-START> JUN-01-1995 <PERIOD-END> MAY-31-1996 <INVESTMENTS-AT-COST> 3,184,999 <INVESTMENTS-AT-VALUE> 3,193,695 <RECEIVABLES> 70,756 <ASSETS-OTHER> 29,255 <OTHER-ITEMS-ASSETS> 0 <TOTAL-ASSETS> 3,293,706 <PAYABLE-FOR-SECURITIES> 0 <SENIOR-LONG-TERM-DEBT> 0 <OTHER-ITEMS-LIABILITIES> 37,306 <TOTAL-LIABILITIES> 37,306 <SENIOR-EQUITY> 0 <PAID-IN-CAPITAL-COMMON> 3,261,958 <SHARES-COMMON-STOCK> 333,444 <SHARES-COMMON-PRIOR> 189,123 <ACCUMULATED-NII-CURRENT> 515 <OVERDISTRIBUTION-NII> 0 <ACCUMULATED-NET-GAINS> (14,769) <OVERDISTRIBUTION-GAINS> 0 <ACCUM-APPREC-OR-DEPREC> 8,696 <NET-ASSETS> 3,256,400 <DIVIDEND-INCOME> 0 <INTEREST-INCOME> 144,570 <OTHER-INCOME> 0 <EXPENSES-NET> (10,085) <NET-INVESTMENT-INCOME> 134,485 <REALIZED-GAINS-CURRENT> 519 <APPREC-INCREASE-CURRENT> (63,639) <NET-CHANGE-FROM-OPS> 71,365 <EQUALIZATION> 0 <DISTRIBUTIONS-OF-INCOME> (134,144) <DISTRIBUTIONS-OF-GAINS> (1,200) <DISTRIBUTIONS-OTHER> 0 <NUMBER-OF-SHARES-SOLD> 174,099 <NUMBER-OF-SHARES-REDEEMED> (35,361) <SHARES-REINVESTED> 5,583 <NET-CHANGE-IN-ASSETS> 1,376,833 <ACCUMULATED-NII-PRIOR> 174 <ACCUMULATED-GAINS-PRIOR> (14,088) <OVERDISTRIB-NII-PRIOR> 0 <OVERDIST-NET-GAINS-PRIOR> 0 <GROSS-ADVISORY-FEES> 12,670 <INTEREST-EXPENSE> 0 <GROSS-EXPENSE> 82,465 <AVERAGE-NET-ASSETS> 2,527,123 <PER-SHARE-NAV-BEGIN> 9.94 <PER-SHARE-NII> 0.53 <PER-SHARE-GAIN-APPREC> (0.17) <PER-SHARE-DIVIDEND> (0.53) <PER-SHARE-DISTRIBUTIONS> 0.00 <RETURNS-OF-CAPITAL> 0.00 <PER-SHARE-NAV-END> 9.77 <EXPENSE-RATIO> 0.48 <AVG-DEBT-OUTSTANDING> 0 <AVG-DEBT-PER-SHARE> 0.00