[ARTICLE]  6 
[SERIES] 
              [NUMBER]  
              [NAME] SB NEW JERSEY MUNICIPAL FUND - CLASS A 
<TABLE> 
<S>                                     <C> 
[PERIOD-TYPE]                           12-MOS 
[FISCAL-YEAR-END]                       MAR-31-1995 
[PERIOD-END]                            MAR-31-1995 
[INVESTMENTS-AT-COST]                                     156,426,777 
[INVESTMENTS-AT-VALUE]                                    160,020,943 
[RECEIVABLES]                                               3,132,840 
[ASSETS-OTHER]                                                      0 
[OTHER-ITEMS-ASSETS]                                                0 
[TOTAL-ASSETS]                                            163,153,783 
[PAYABLE-FOR-SECURITIES]                                            0 
[SENIOR-LONG-TERM-DEBT]                                             0 
[OTHER-ITEMS-LIABILITIES]                                     651,908 
[TOTAL-LIABILITIES]                                           651,908 
[SENIOR-EQUITY]                                                     0 
[PAID-IN-CAPITAL-COMMON]                                  162,216,138 
[SHARES-COMMON-STOCK]                                       8,474,514 
[SHARES-COMMON-PRIOR]                                       9,553,890 
[ACCUMULATED-NII-CURRENT]                                           0 
[OVERDISTRIBUTION-NII]                                        111,297 
[ACCUMULATED-NET-GAINS]                                    (3,197,132) 
[OVERDISTRIBUTION-GAINS]                                            0 
[ACCUM-APPREC-OR-DEPREC]                                    3,594,166 
[NET-ASSETS]                                              162,501,875 
[DIVIDEND-INCOME]                                                   0 
[INTEREST-INCOME]                                          10,758,237 
[OTHER-INCOME]                                                      0 
[EXPENSES-NET]                                              1,736,306 
[NET-INVESTMENT-INCOME]                                     9,021,931 
[REALIZED-GAINS-CURRENT]                                   (3,197,132) 
[APPREC-INCREASE-CURRENT]                                   3,571,504 
[NET-CHANGE-FROM-OPS]                                       9,396,303 
[EQUALIZATION]                                                      0 
[DISTRIBUTIONS-OF-INCOME]                                   6,381,567 
[DISTRIBUTIONS-OF-GAINS]                                       20,959 
[DISTRIBUTIONS-OTHER]                                               0 
[NUMBER-OF-SHARES-SOLD]                                       806,228 
[NUMBER-OF-SHARES-REDEEMED]                                 2,211,779 
[SHARES-REINVESTED]                                           326,175 
[NET-CHANGE-IN-ASSETS]                                     (5,785,919) 
[ACCUMULATED-NII-PRIOR]                                             0 
[ACCUMULATED-GAINS-PRIOR]                                      29,220 
[OVERDISTRIB-NII-PRIOR]                                       131,292 
[OVERDIST-NET-GAINS-PRIOR]                                          0 
[GROSS-ADVISORY-FEES]                                         579,652 
[INTEREST-EXPENSE]                                             10,129 
[GROSS-EXPENSE]                                             1,736,306 
[AVERAGE-NET-ASSETS]                                      165,614,860 
[PER-SHARE-NAV-BEGIN]                                           12.55 
[PER-SHARE-NII]                                                  0.70 
[PER-SHARE-GAIN-APPREC]                                          0.07 
[PER-SHARE-DIVIDEND]                                             0.70 
[PER-SHARE-DISTRIBUTIONS]                                        0.00 
[RETURNS-OF-CAPITAL]                                             0.00 
[PER-SHARE-NAV-END]                                             12.62 
[EXPENSE-RATIO]                                                  0.00 
[AVG-DEBT-OUTSTANDING]                                        163,836 
[AVG-DEBT-PER-SHARE]                                             0.01 
 
[ARTICLE]  6 
[SERIES] 
              [NUMBER]  
              [NAME] SB NEW JERSEY MUNICIPAL FUND - CLASS B 

</TABLE>
<TABLE> 
<S>                                     <C> 
[PERIOD-TYPE]                           12-MOS 
[FISCAL-YEAR-END]                       MAR-31-1995 
[PERIOD-END]                            MAR-31-1995 
[INVESTMENTS-AT-COST]                                     156,426,777 
[INVESTMENTS-AT-VALUE]                                    160,020,943 
[RECEIVABLES]                                               3,132,840 
[ASSETS-OTHER]                                                      0 
[OTHER-ITEMS-ASSETS]                                                0 
[TOTAL-ASSETS]                                            163,153,783 
[PAYABLE-FOR-SECURITIES]                                            0 
[SENIOR-LONG-TERM-DEBT]                                             0 
[OTHER-ITEMS-LIABILITIES]                                     651,908 
[TOTAL-LIABILITIES]                                           651,908 
[SENIOR-EQUITY]                                                     0 
[PAID-IN-CAPITAL-COMMON]                                  162,216,138 
[SHARES-COMMON-STOCK]                                       4,384,740 
[SHARES-COMMON-PRIOR]                                       3,855,197 
[ACCUMULATED-NII-CURRENT]                                           0 
[OVERDISTRIBUTION-NII]                                        111,297 
[ACCUMULATED-NET-GAINS]                                    (3,197,132) 
[OVERDISTRIBUTION-GAINS]                                            0 
[ACCUM-APPREC-OR-DEPREC]                                    3,594,166 
[NET-ASSETS]                                              162,501,875 
[DIVIDEND-INCOME]                                                   0 
[INTEREST-INCOME]                                          10,758,237 
[OTHER-INCOME]                                                      0 
[EXPENSES-NET]                                              1,736,306 
[NET-INVESTMENT-INCOME]                                     9,021,931 
[REALIZED-GAINS-CURRENT]                                   (3,197,132) 
[APPREC-INCREASE-CURRENT]                                   3,571,504 
[NET-CHANGE-FROM-OPS]                                       9,396,303 
[EQUALIZATION]                                                      0 
[DISTRIBUTIONS-OF-INCOME]                                   2,618,738 
[DISTRIBUTIONS-OF-GAINS]                                        8,600 
[DISTRIBUTIONS-OTHER]                                               0 
[NUMBER-OF-SHARES-SOLD]                                     1,011,453 
[NUMBER-OF-SHARES-REDEEMED]                                   628,611 
[SHARES-REINVESTED]                                           146,701 
[NET-CHANGE-IN-ASSETS]                                     (5,785,919) 
[ACCUMULATED-NII-PRIOR]                                             0 
[ACCUMULATED-GAINS-PRIOR]                                      29,220 
[OVERDISTRIB-NII-PRIOR]                                       131,292 
[OVERDIST-NET-GAINS-PRIOR]                                          0 
[GROSS-ADVISORY-FEES]                                         579,652 
[INTEREST-EXPENSE]                                             10,129 
[GROSS-EXPENSE]                                             1,736,306 
[AVERAGE-NET-ASSETS]                                      165,614,860 
[PER-SHARE-NAV-BEGIN]                                           12.55 
[PER-SHARE-NII]                                                  0.63 
[PER-SHARE-GAIN-APPREC]                                          0.06 
[PER-SHARE-DIVIDEND]                                             0.62 
[PER-SHARE-DISTRIBUTIONS]                                        0.00 
[RETURNS-OF-CAPITAL]                                             0.00 
[PER-SHARE-NAV-END]                                             12.62 
[EXPENSE-RATIO]                                                  0.00 
[AVG-DEBT-OUTSTANDING]                                        163,836 
[AVG-DEBT-PER-SHARE]                                             0.01 
 
[ARTICLE]  6 
[SERIES] 
              [NUMBER]  
              [NAME] SB NEW JERSEY MUNICIPAL FUND - CLASS C 

</TABLE>
<TABLE> 
<S>                                     <C> 
[PERIOD-TYPE]                           12-MOS 
[FISCAL-YEAR-END]                       MAR-31-1995 
[PERIOD-END]                            MAR-31-1995 
[INVESTMENTS-AT-COST]                                     156,426,777 
[INVESTMENTS-AT-VALUE]                                    160,020,943 
[RECEIVABLES]                                               3,132,840 
[ASSETS-OTHER]                                                      0 
[OTHER-ITEMS-ASSETS]                                                0 
[TOTAL-ASSETS]                                            163,153,783 
[PAYABLE-FOR-SECURITIES]                                            0 
[SENIOR-LONG-TERM-DEBT]                                             0 
[OTHER-ITEMS-LIABILITIES]                                     651,908 
[TOTAL-LIABILITIES]                                           651,908 
[SENIOR-EQUITY]                                                     0 
[PAID-IN-CAPITAL-COMMON]                                  162,216,138 
[SHARES-COMMON-STOCK]                                          19,666 
[SHARES-COMMON-PRIOR]                                               0 
[ACCUMULATED-NII-CURRENT]                                           0 
[OVERDISTRIBUTION-NII]                                        111,297 
[ACCUMULATED-NET-GAINS]                                    (3,197,132) 
[OVERDISTRIBUTION-GAINS]                                            0 
[ACCUM-APPREC-OR-DEPREC]                                    3,594,166 
[NET-ASSETS]                                              162,501,875 
[DIVIDEND-INCOME]                                                   0 
[INTEREST-INCOME]                                          10,758,237 
[OTHER-INCOME]                                                      0 
[EXPENSES-NET]                                              1,736,306 
[NET-INVESTMENT-INCOME]                                     9,021,931 
[REALIZED-GAINS-CURRENT]                                   (3,197,132) 
[APPREC-INCREASE-CURRENT]                                   3,571,504 
[NET-CHANGE-FROM-OPS]                                       9,396,303 
[EQUALIZATION]                                                      0 
[DISTRIBUTIONS-OF-INCOME]                                       1,631 
[DISTRIBUTIONS-OF-GAINS]                                            5 
[DISTRIBUTIONS-OTHER]                                               0 
[NUMBER-OF-SHARES-SOLD]                                        19,546 
[NUMBER-OF-SHARES-REDEEMED]                                         0 
[SHARES-REINVESTED]                                               120 
[NET-CHANGE-IN-ASSETS]                                     (5,785,919) 
[ACCUMULATED-NII-PRIOR]                                             0 
[ACCUMULATED-GAINS-PRIOR]                                      29,220 
[OVERDISTRIB-NII-PRIOR]                                       131,292 
[OVERDIST-NET-GAINS-PRIOR]                                          0 
[GROSS-ADVISORY-FEES]                                         579,652 
[INTEREST-EXPENSE]                                             10,129 
[GROSS-EXPENSE]                                             1,736,306 
[AVERAGE-NET-ASSETS]                                      165,614,860 
[PER-SHARE-NAV-BEGIN]                                           11.86 
[PER-SHARE-NII]                                                  0.20 
[PER-SHARE-GAIN-APPREC]                                          0.74 
[PER-SHARE-DIVIDEND]                                             0.18 
[PER-SHARE-DISTRIBUTIONS]                                        0.00 
[RETURNS-OF-CAPITAL]                                             0.00 
[PER-SHARE-NAV-END]                                             12.62 
[EXPENSE-RATIO]                                                  0.00 
[AVG-DEBT-OUTSTANDING]                                        163,836 
[AVG-DEBT-PER-SHARE]                                             0.01 




</TABLE>