<ARTICLE>  6

<NUMBER>0304
<NAME>NATIONS KANSAS MUNICIPAL INVESTOR B

                                
<MULTIPLIER>1000
<PERIOD-TYPE>                      6-MOS
<FISCAL-YEAR-END>                  Mar-31-2001
<PERIOD-END>                       Sep-30-2000
<INVESTMENTS-AT-COST>                                   124,155
<INVESTMENTS-AT-VALUE>                                  124,827
<RECEIVABLES>                                             2,907
<ASSETS-OTHER>                                                7
<OTHER-ITEMS-ASSETS>                                          0
<TOTAL-ASSETS>                                          127,741
<PAYABLE-FOR-SECURITIES>                                 (4,610)
<SENIOR-LONG-TERM-DEBT>                                       0
<OTHER-ITEMS-LIABILITIES>                                  (765)
<TOTAL-LIABILITIES>                                      (5,375)
<SENIOR-EQUITY>                                               0
<PAID-IN-CAPITAL-COMMON>                                121,678
<SHARES-COMMON-STOCK>                                        25
<SHARES-COMMON-PRIOR>                                         0
<ACCUMULATED-NII-CURRENT>                                     0
<OVERDISTRIBUTION-NII>                                        0
<ACCUMULATED-NET-GAINS>                                      16
<OVERDISTRIBUTION-GAINS>                                      0
<ACCUM-APPREC-OR-DEPREC>                                    672
<NET-ASSETS>                                            122,366
<DIVIDEND-INCOME>                                             0
<INTEREST-INCOME>                                         1,291
<OTHER-INCOME>                                                0
<EXPENSES-NET>                                              155
<NET-INVESTMENT-INCOME>                                   1,136
<REALIZED-GAINS-CURRENT>                                     16
<APPREC-INCREASE-CURRENT>                                   673
<NET-CHANGE-FROM-OPS>                                     1,825
<EQUALIZATION>                                                0
<DISTRIBUTIONS-OF-INCOME>                                    (1)
<DISTRIBUTIONS-OF-GAINS>                                      0
<DISTRIBUTIONS-OTHER>                                         0
<NUMBER-OF-SHARES-SOLD>                                     250
<NUMBER-OF-SHARES-REDEEMED>                                   0
<SHARES-REINVESTED>                                           0
<NET-CHANGE-IN-ASSETS>                                  122,366
<ACCUMULATED-NII-PRIOR>                                       0
<ACCUMULATED-GAINS-PRIOR>                                     0
<OVERDISTRIB-NII-PRIOR>                                       0
<OVERDIST-NET-GAINS-PRIOR>                                    0
<GROSS-ADVISORY-FEES>                                       128
<INTEREST-EXPENSE>                                            0
<GROSS-EXPENSE>                                             237
<AVERAGE-NET-ASSETS>                                        249
<PER-SHARE-NAV-BEGIN>                                     10.00
<PER-SHARE-NII>                                            0.03
<PER-SHARE-GAIN-APPREC>                                    0.00
<PER-SHARE-DIVIDEND>                                      (0.03)
<PER-SHARE-DISTRIBUTIONS>                                  0.00
<RETURNS-OF-CAPITAL>                                       0.00
<PER-SHARE-NAV-END>                                       10.00
<EXPENSE-RATIO>                                            1.60