<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000701388
<NAME> Capital Appreciation Fund

<S>                             <C>
<PERIOD-TYPE>                  6-MOS
<FISCAL-YEAR-END>                               Dec-31-2000
<PERIOD-END>                                    Jun-30-2000
<INVESTMENTS-AT-COST>                         1,323,415,477
<INVESTMENTS-AT-VALUE>                        2,193,328,397
<RECEIVABLES>                                       345,758
<ASSETS-OTHER>                                          986
<OTHER-ITEMS-ASSETS>                                      0
<TOTAL-ASSETS>                                2,193,675,141
<PAYABLE-FOR-SECURITIES>                                  0
<SENIOR-LONG-TERM-DEBT>                                   0
<OTHER-ITEMS-LIABILITIES>                         1,532,787
<TOTAL-LIABILITIES>                               1,532,787
<SENIOR-EQUITY>                                           0
<PAID-IN-CAPITAL-COMMON>                      1,326,725,706
<SHARES-COMMON-STOCK>                            21,096,423
<SHARES-COMMON-PRIOR>                            17,602,914
<ACCUMULATED-NII-CURRENT>                          (387,275)
<OVERDISTRIBUTION-NII>                                    0
<ACCUMULATED-NET-GAINS>                          (4,117,460)
<OVERDISTRIBUTION-GAINS>                                  0
<ACCUM-APPREC-OR-DEPREC>                        869,921,383
<NET-ASSETS>                                  2,192,142,354
<DIVIDEND-INCOME>                                 2,080,645
<INTEREST-INCOME>                                 6,262,929
<OTHER-INCOME>                                            0
<EXPENSES-NET>                                    8,745,745
<NET-INVESTMENT-INCOME>                            (402,171)
<REALIZED-GAINS-CURRENT>                          5,972,481
<APPREC-INCREASE-CURRENT>                       (35,827,480)
<NET-CHANGE-FROM-OPS>                           (30,257,170)
<EQUALIZATION>                                            0
<DISTRIBUTIONS-OF-INCOME>                           753,152
<DISTRIBUTIONS-OF-GAINS>                         76,133,308
<DISTRIBUTIONS-OTHER>                                     0
<NUMBER-OF-SHARES-SOLD>                           2,890,263
<NUMBER-OF-SHARES-REDEEMED>                         136,118
<SHARES-REINVESTED>                                 739,364
<NET-CHANGE-IN-ASSETS>                          276,981,183
<ACCUMULATED-NII-PRIOR>                             752,718
<ACCUMULATED-GAINS-PRIOR>                        66,058,697
<OVERDISTRIB-NII-PRIOR>                                   0
<OVERDIST-NET-GAINS-PRIOR>                                0
<GROSS-ADVISORY-FEES>                             8,593,230
<INTEREST-EXPENSE>                                        0
<GROSS-EXPENSE>                                   8,745,745
<AVERAGE-NET-ASSETS>                          2,129,138,287
<PER-SHARE-NAV-BEGIN>                               108.800
<PER-SHARE-NII>                                      (0.030)
<PER-SHARE-GAIN-APPREC>                              (1.070)
<PER-SHARE-DIVIDEND>                                  0.040
<PER-SHARE-DISTRIBUTIONS>                             3.750
<RETURNS-OF-CAPITAL>                                  0.000
<PER-SHARE-NAV-END>                                 103.910
<EXPENSE-RATIO>                                        0.83



</TABLE>