WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>


<ARTICLE>                     6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                             MAR-31-2000
<PERIOD-END>                                  SEP-30-1999
<INVESTMENTS-AT-COST>                          24,572,375
<INVESTMENTS-AT-VALUE>                         47,607,535
<RECEIVABLES>                                           0
<ASSETS-OTHER>                                  2,583,129
<OTHER-ITEMS-ASSETS>                                    0
<TOTAL-ASSETS>                                 50,190,664
<PAYABLE-FOR-SECURITIES>                                0
<SENIOR-LONG-TERM-DEBT>                        18,594,759
<OTHER-ITEMS-LIABILITIES>                         336,067
<TOTAL-LIABILITIES>                            18,930,826
<SENIOR-EQUITY>                                         0
<PAID-IN-CAPITAL-COMMON>                        9,622,903
<SHARES-COMMON-STOCK>                           5,346,084
<SHARES-COMMON-PRIOR>                           5,023,361
<ACCUMULATED-NII-CURRENT>                      (1,398,225)
<OVERDISTRIBUTION-NII>                                  0
<ACCUMULATED-NET-GAINS>                                 0
<OVERDISTRIBUTION-GAINS>                                0
<ACCUM-APPREC-OR-DEPREC>                       23,035,160
<NET-ASSETS>                                   31,259,838
<DIVIDEND-INCOME>                                       0
<INTEREST-INCOME>                                 331,640
<OTHER-INCOME>                                     38,092
<EXPENSES-NET>                                  1,507,477
<NET-INVESTMENT-INCOME>                        (1,137,745)
<REALIZED-GAINS-CURRENT>                           40,954
<APPREC-INCREASE-CURRENT>                      (1,478,913)
<NET-CHANGE-FROM-OPS>                          (2,575,704)
<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>                         (2,575,704)
<ACCUMULATED-NII-PRIOR>                                 0
<ACCUMULATED-GAINS-PRIOR>                               0
<OVERDISTRIB-NII-PRIOR>                                 0
<OVERDIST-NET-GAINS-PRIOR>                              0
<GROSS-ADVISORY-FEES>                                   0
<INTEREST-EXPENSE>                                722,625
<GROSS-EXPENSE>                                 1,507,477
<AVERAGE-NET-ASSETS>                           30,707,163
<PER-SHARE-NAV-BEGIN>                                6.66
<PER-SHARE-NII>                                     (0.21)
<PER-SHARE-GAIN-APPREC>                             (0.28)
<PER-SHARE-DIVIDEND>                                    0
<PER-SHARE-DISTRIBUTIONS>                               0
<RETURNS-OF-CAPITAL>                                    0
<PER-SHARE-NAV-END>                                  5.85
<EXPENSE-RATIO>                                      4.91
[AVG-DEBT-OUTSTANDING]                         17,984,549
[AVG-DEBT-PER-SHARE]                                 3.36



</TABLE>