<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                       22,780,273
<INVESTMENTS-AT-VALUE>                      12,829,070
<RECEIVABLES>                                   54,140
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                         1,748,155
<TOTAL-ASSETS>                              14,631,365
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      144,497
<TOTAL-LIABILITIES>                            144,497
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    38,983,804
<SHARES-COMMON-STOCK>                           43,304
<SHARES-COMMON-PRIOR>                           43,434
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       2,650,498
<ACCUMULATED-NET-GAINS>                   (11,895,235)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (9,951,203)
<NET-ASSETS>                                14,486,868
<DIVIDEND-INCOME>                               49,690
<INTEREST-INCOME>                              745,190
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 720,221
<NET-INVESTMENT-INCOME>                         74,659
<REALIZED-GAINS-CURRENT>                     (550,959)
<APPREC-INCREASE-CURRENT>                 (10,630,309)
<NET-CHANGE-FROM-OPS>                     (11,106,609)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      312,202
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                          687,798
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                        130
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                    (12,302,057)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                 (11,344,286)
<OVERDISTRIB-NII-PRIOR>                      1,725,157
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          411,179
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                720,221
<AVERAGE-NET-ASSETS>                        20,579,856
<PER-SHARE-NAV-BEGIN>                              615
<PER-SHARE-NII>                                   1.72
<PER-SHARE-GAIN-APPREC>                       (257.82)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                             19.90
<PER-SHARE-NAV-END>                                339
<EXPENSE-RATIO>                                   .035
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>