<TABLE> <S> <C>


<ARTICLE>                     6

<S>                                           <C>
<PERIOD-TYPE>                                        6-MOS
<FISCAL-YEAR-END>                              MAR-31-2001
<PERIOD-END>                                   SEP-30-2000
<INVESTMENTS-AT-COST>                           36,823,059
<INVESTMENTS-AT-VALUE>                          86,682,886
<RECEIVABLES>                                      648,316
<ASSETS-OTHER>                                  17,412,609
<OTHER-ITEMS-ASSETS>                                     0
<TOTAL-ASSETS>                                 104,743,811
<PAYABLE-FOR-SECURITIES>                                 0
<SENIOR-LONG-TERM-DEBT>                         21,635,596
<OTHER-ITEMS-LIABILITIES>                          306,846
<TOTAL-LIABILITIES>                             21,942,442
<SENIOR-EQUITY>                                          0
<PAID-IN-CAPITAL-COMMON>                        26,968,537
<SHARES-COMMON-STOCK>                            5,346,084
<SHARES-COMMON-PRIOR>                            5,346,084
<ACCUMULATED-NII-CURRENT>                                0
<OVERDISTRIBUTION-NII>                                   0
<ACCUMULATED-NET-GAINS>                                  0
<OVERDISTRIBUTION-GAINS>                                 0
<ACCUM-APPREC-OR-DEPREC>                        55,832,832
<NET-ASSETS>                                    82,801,369
<DIVIDEND-INCOME>                                        0
<INTEREST-INCOME>                                  653,655
<OTHER-INCOME>                                      11,538
<EXPENSES-NET>                                   1,556,329
<NET-INVESTMENT-INCOME>                           (891,136)
<REALIZED-GAINS-CURRENT>                         6,908,989
<APPREC-INCREASE-CURRENT>                      (16,938,590)
<NET-CHANGE-FROM-OPS>                          (10,029,601)
<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>                         (10,920,737)
<ACCUMULATED-NII-PRIOR>                                  0
<ACCUMULATED-GAINS-PRIOR>                                0
<OVERDISTRIB-NII-PRIOR>                                  0
<OVERDIST-NET-GAINS-PRIOR>                               0
<GROSS-ADVISORY-FEES>                                    0
<INTEREST-EXPENSE>                                 879,173
<GROSS-EXPENSE>                                  1,556,329
<AVERAGE-NET-ASSETS>                            81,075,039
<PER-SHARE-NAV-BEGIN>                                17.53
<PER-SHARE-NII>                                      (0.17)
<PER-SHARE-GAIN-APPREC>                              (1.87)
<PER-SHARE-DIVIDEND>                                     0
<PER-SHARE-DISTRIBUTIONS>                                0
<RETURNS-OF-CAPITAL>                                     0
<PER-SHARE-NAV-END>                                  15.49
<EXPENSE-RATIO>                                       1.92



</TABLE>