<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                        3,770,000
<INVESTMENTS-AT-VALUE>                       3,544,800
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                 844,200
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               4,389,000
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       16,400
<TOTAL-LIABILITIES>                             16,400
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     5,141,300
<SHARES-COMMON-STOCK>                        1,265,100
<SHARES-COMMON-PRIOR>                        1,265,100
<ACCUMULATED-NII-CURRENT>                     (543,500)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (11,600)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (226,300)
<NET-ASSETS>                                 4,372,600
<DIVIDEND-INCOME>                               17,200
<INTEREST-INCOME>                              205,400
<OTHER-INCOME>                                  10,000
<EXPENSES-NET>                                 509,700
<NET-INVESTMENT-INCOME>                       (277,100)
<REALIZED-GAINS-CURRENT>                       (34,900)
<APPREC-INCREASE-CURRENT>                     (180,700)
<NET-CHANGE-FROM-OPS>                         (492,700)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        (492,700)
<ACCUMULATED-NII-PRIOR>                       (266,100)
<ACCUMULATED-GAINS-PRIOR>                      (21,400)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            5,700
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                509,700
<AVERAGE-NET-ASSETS>                         4,618,950
<PER-SHARE-NAV-BEGIN>                             3.85
<PER-SHARE-NII>                                   (.22)
<PER-SHARE-GAIN-APPREC>                           (.14)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               3.45
<EXPENSE-RATIO>                                    .11
<AVG-DEBT-OUTSTANDING>                          45,100
<AVG-DEBT-PER-SHARE>                               .04


</TABLE>