<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                              DEC-31-2000
<PERIOD-END>                                   SEP-30-2000
<INVESTMENTS-AT-COST>                          180,179,282
<INVESTMENTS-AT-VALUE>                         166,010,979
<RECEIVABLES>                                    4,149,266
<ASSETS-OTHER>                                       5,514
<OTHER-ITEMS-ASSETS>                                     0
<TOTAL-ASSETS>                                 170,165,759
<PAYABLE-FOR-SECURITIES>                                 0
<SENIOR-LONG-TERM-DEBT>                                  0
<OTHER-ITEMS-LIABILITIES>                       79,644,541
<TOTAL-LIABILITIES>                             79,644,541
<SENIOR-EQUITY>                                      6,481
<PAID-IN-CAPITAL-COMMON>                        89,120,323
<SHARES-COMMON-STOCK>                            5,748,842
<SHARES-COMMON-PRIOR>                            6,107,669
<ACCUMULATED-NII-CURRENT>                          849,817
<OVERDISTRIBUTION-NII>                                   0
<ACCUMULATED-NET-GAINS>                         14,712,900
<OVERDISTRIBUTION-GAINS>                                 0
<ACCUM-APPREC-OR-DEPREC>                       (14,168,303)
<NET-ASSETS>                                    90,521,218
<DIVIDEND-INCOME>                                  976,432
<INTEREST-INCOME>                                2,912,019
<OTHER-INCOME>                                     244,231
<EXPENSES-NET>                                   3,282,865
<NET-INVESTMENT-INCOME>                            849,817
<REALIZED-GAINS-CURRENT>                         4,744,369
<APPREC-INCREASE-CURRENT>                      (13,067,715)
<NET-CHANGE-FROM-OPS>                           (7,473,529)
<EQUALIZATION>                                           0
<DISTRIBUTIONS-OF-INCOME>                                0
<DISTRIBUTIONS-OF-GAINS>                                 0
<DISTRIBUTIONS-OTHER>                                    0
<NUMBER-OF-SHARES-SOLD>                                  0
<NUMBER-OF-SHARES-REDEEMED>                        358,827
<SHARES-REINVESTED>                                      0
<NET-CHANGE-IN-ASSETS>                         (10,897,602)
<ACCUMULATED-NII-PRIOR>                                  0
<ACCUMULATED-GAINS-PRIOR>                                0
<OVERDISTRIB-NII-PRIOR>                                  0
<OVERDIST-NET-GAINS-PRIOR>                               0
<GROSS-ADVISORY-FEES>                            1,456,650
<INTEREST-EXPENSE>                               1,351,162
<GROSS-EXPENSE>                                  3,282,865
<AVERAGE-NET-ASSETS>                            95,970,019
<PER-SHARE-NAV-BEGIN>                                16.61
<PER-SHARE-NII>                                        .14
<PER-SHARE-GAIN-APPREC>                               0.80
<PER-SHARE-DIVIDEND>                                     0
<PER-SHARE-DISTRIBUTIONS>                                0
<RETURNS-OF-CAPITAL>                                     0
<PER-SHARE-NAV-END>                                  15.75
<EXPENSE-RATIO>                                       3.42


</TABLE>