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

<TABLE> <S> <C>


<ARTICLE>                     6

<S>                                          <C>
<PERIOD-TYPE>                                      9-MOS
<FISCAL-YEAR-END>                            MAR-31-2000
<PERIOD-END>                                 DEC-31-1999
<INVESTMENTS-AT-COST>                         25,401,936
<INVESTMENTS-AT-VALUE>                       149,985,887
<RECEIVABLES>                                          0
<ASSETS-OTHER>                                 6,403,281
<OTHER-ITEMS-ASSETS>                                   0
<TOTAL-ASSETS>                               156,389,168
<PAYABLE-FOR-SECURITIES>                               0
<SENIOR-LONG-TERM-DEBT>                       21,904,968
<OTHER-ITEMS-LIABILITIES>                      1,249,852
<TOTAL-LIABILITIES>                           23,154,820
<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>                       (972,506)
<OVERDISTRIBUTION-NII>                                 0
<ACCUMULATED-NET-GAINS>                                0
<OVERDISTRIBUTION-GAINS>                               0
<ACCUM-APPREC-OR-DEPREC>                     124,583,951
<NET-ASSETS>                                 133,234,348
<DIVIDEND-INCOME>                                      0
<INTEREST-INCOME>                                501,717
<OTHER-INCOME>                                    54,874
<EXPENSES-NET>                                 2,354,395
<NET-INVESTMENT-INCOME>                       (1,797,804)
<REALIZED-GAINS-CURRENT>                       1,126,732
<APPREC-INCREASE-CURRENT>                    100,069,878
<NET-CHANGE-FROM-OPS>                         99,398,806
<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>                        99,398,806
<ACCUMULATED-NII-PRIOR>                                0
<ACCUMULATED-GAINS-PRIOR>                              0
<OVERDISTRIB-NII-PRIOR>                                0
<OVERDIST-NET-GAINS-PRIOR>                             0
<GROSS-ADVISORY-FEES>                                  0
<INTEREST-EXPENSE>                             1,092,374
<GROSS-EXPENSE>                                2,354,395
<AVERAGE-NET-ASSETS>                          56,338,959
<PER-SHARE-NAV-BEGIN>                               6.66
<PER-SHARE-NII>                                    (0.13)
<PER-SHARE-GAIN-APPREC>                            19.02
<PER-SHARE-DIVIDEND>                                   0
<PER-SHARE-DISTRIBUTIONS>                              0
<RETURNS-OF-CAPITAL>                                   0
<PER-SHARE-NAV-END>                                24.92
<EXPENSE-RATIO>                                     4.18
[AVG-DEBT-OUTSTANDING]                        18,964,654
[AVG-DEBT-PER-SHARE]                                3.55



</TABLE>