<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               SEP-30-1997
<INVESTMENTS-AT-COST>                       20,411,000
<INVESTMENTS-AT-VALUE>                      24,534,000
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                 820,000
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<TOTAL-ASSETS>                              25,354,000
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   10,462,000
<TOTAL-LIABILITIES>                         10,462,000
<SENIOR-EQUITY>                                146,000
<PAID-IN-CAPITAL-COMMON>                    15,030,000
<SHARES-COMMON-STOCK>                       14,616,687
<SHARES-COMMON-PRIOR>                       14,616,687
<ACCUMULATED-NII-CURRENT>                 (12,027,000)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     11,529,000
<OVERDISTRIBUTION-GAINS>                             0
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<DIVIDEND-INCOME>                                    0
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<OTHER-INCOME>                                       0
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<NET-INVESTMENT-INCOME>                    (1,677,000)
<REALIZED-GAINS-CURRENT>                     4,642,000
<APPREC-INCREASE-CURRENT>                  (1,558,000)
<NET-CHANGE-FROM-OPS>                          505,000
<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>                               0
<ACCUMULATED-NII-PRIOR>                   (11,020,000)
<ACCUMULATED-GAINS-PRIOR>                    6,622,000
<OVERDISTRIB-NII-PRIOR>                              0
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<PER-SHARE-NAV-BEGIN>                       14,640,000
<PER-SHARE-NII>                                   1.16
<PER-SHARE-GAIN-APPREC>                         (0.11)
<PER-SHARE-DIVIDEND>                              0.21
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<EXPENSE-RATIO>                                   1.02
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<AVG-DEBT-PER-SHARE>                              0.60
        

</TABLE>