<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
FOR THE QUARTER ENDED JUNE 30, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               JUN-30-1998
<INVESTMENTS-AT-COST>                       12,921,253
<INVESTMENTS-AT-VALUE>                      11,377,188
<RECEIVABLES>                                   64,420
<ASSETS-OTHER>                                   5,536
<OTHER-ITEMS-ASSETS>                           616,005
<TOTAL-ASSETS>                              12,063,149
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,523,439
<TOTAL-LIABILITIES>                          1,523,439
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                        1,020,142
<SHARES-COMMON-PRIOR>                        1,020,142
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (1,544,065)
<NET-ASSETS>                                10,539,710
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              381,758
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 323,857
<NET-INVESTMENT-INCOME>                         57,928
<REALIZED-GAINS-CURRENT>                   (2,476,383)
<APPREC-INCREASE-CURRENT>                    2,258,204
<NET-CHANGE-FROM-OPS>                        (160,251)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       57,928
<DISTRIBUTIONS-OF-GAINS>                     1,401,316
<DISTRIBUTIONS-OTHER>                          704,660
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (2,324,155)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    1,338,315
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           58,480
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                323,857
<AVERAGE-NET-ASSETS>                        11,659,710
<PER-SHARE-NAV-BEGIN>                            12.66
<PER-SHARE-NII>                                    .06
<PER-SHARE-GAIN-APPREC>                          (.22)
<PER-SHARE-DIVIDEND>                               .06
<PER-SHARE-DISTRIBUTIONS>                         1.36
<RETURNS-OF-CAPITAL>                               .68
<PER-SHARE-NAV-END>                              10.40
<EXPENSE-RATIO>                                   5.56
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>