<TABLE> <S> <C>


<ARTICLE>                                            6
<MULTIPLIER>                                   1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                              JUN-30-1996
<PERIOD-START>                                 JUL-01-1995
<PERIOD-END>                                   JUN-30-1996
<INVESTMENTS-AT-COST>                               29,081
<INVESTMENTS-AT-VALUE>                              30,389
<RECEIVABLES>                                           17
<ASSETS-OTHER>                                       4,799
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<TOTAL-ASSETS>                                      35,205
<PAYABLE-FOR-SECURITIES>                                 0
<SENIOR-LONG-TERM-DEBT>                             14,738
<OTHER-ITEMS-LIABILITIES>                              524
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<SENIOR-EQUITY>                                          0
<PAID-IN-CAPITAL-COMMON>                            18,670
<SHARES-COMMON-STOCK>                                   20
<SHARES-COMMON-PRIOR>                                   12
<ACCUMULATED-NII-CURRENT>                                0
<OVERDISTRIBUTION-NII>                                  34
<ACCUMULATED-NET-GAINS>                                  0
<OVERDISTRIBUTION-GAINS>                                 0
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<NET-ASSETS>                                        19,943
<DIVIDEND-INCOME>                                        0
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<OTHER-INCOME>                                           0
<EXPENSES-NET>                                       2,244
<NET-INVESTMENT-INCOME>                              1,589
<REALIZED-GAINS-CURRENT>                                22
<APPREC-INCREASE-CURRENT>                            1,308
<NET-CHANGE-FROM-OPS>                                2,917
<EQUALIZATION>                                           0
<DISTRIBUTIONS-OF-INCOME>                                0
<DISTRIBUTIONS-OF-GAINS>                                 0
<DISTRIBUTIONS-OTHER>                                    0
<NUMBER-OF-SHARES-SOLD>                                  8
<NUMBER-OF-SHARES-REDEEMED>                              0
<SHARES-REINVESTED>                                      0
<NET-CHANGE-IN-ASSETS>                               8,898
<ACCUMULATED-NII-PRIOR>                               (381)
<ACCUMULATED-GAINS-PRIOR>                                0
<OVERDISTRIB-NII-PRIOR>                                  0
<OVERDIST-NET-GAINS-PRIOR>                               0
<GROSS-ADVISORY-FEES>                                1,159
<INTEREST-EXPENSE>                                     895
<GROSS-EXPENSE>                                      2,244
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<PER-SHARE-NAV-BEGIN>                               892.26
<PER-SHARE-NII>                                      85.37
<PER-SHARE-GAIN-APPREC>                              71.49
<PER-SHARE-DIVIDEND>                                 57.52
<PER-SHARE-DISTRIBUTIONS>                                0
<RETURNS-OF-CAPITAL>                                     0
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<EXPENSE-RATIO>                                       7.76
<AVG-DEBT-OUTSTANDING>                              12,158
<AVG-DEBT-PER-SHARE>                                653.41
        


</TABLE>