<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               MAR-31-1997
<INVESTMENTS-AT-COST>                        8,981,145
<INVESTMENTS-AT-VALUE>                       9,649,977
<RECEIVABLES>                                   77,447
<ASSETS-OTHER>                               1,820,231
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              11,547,655
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      107,658
<TOTAL-LIABILITIES>                            107,658
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    12,040,868
<SHARES-COMMON-STOCK>                              129
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                    2,188,787
<OVERDISTRIBUTION-NII>                         919,084
<ACCUMULATED-NET-GAINS>                        668,832
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    11,439,997
<NET-ASSETS>                                       884
<DIVIDEND-INCOME>                               40,479
<INTEREST-INCOME>                                1,338
<OTHER-INCOME>                                 152,049
<EXPENSES-NET>                               (109,348)
<NET-INVESTMENT-INCOME>                      2,711,056
<REALIZED-GAINS-CURRENT>                   (3,352,293)
<APPREC-INCREASE-CURRENT>                    (750,585)
<NET-CHANGE-FROM-OPS>                                0
<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>                       (750,585)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (1,791,973)
<OVERDISTRIB-NII-PRIOR>                    (2,079,439)
<OVERDIST-NET-GAINS-PRIOR>                           0
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<INTEREST-EXPENSE>                                   0
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<AVERAGE-NET-ASSETS>                        11,815,290
<PER-SHARE-NAV-BEGIN>                           94,226
<PER-SHARE-NII>                               (840.10)
<PER-SHARE-GAIN-APPREC>                        (4,926)
<PER-SHARE-DIVIDEND>                                 0
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<RETURNS-OF-CAPITAL>                                 0
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<EXPENSE-RATIO>                                   .013
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>