<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
FOR THE QUARTER ENDED SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               SEP-30-1997
<INVESTMENTS-AT-COST>                       21,486,039
<INVESTMENTS-AT-VALUE>                      19,036,907
<RECEIVABLES>                                  146,402
<ASSETS-OTHER>                                  32,769
<OTHER-ITEMS-ASSETS>                           326,741
<TOTAL-ASSETS>                              19,542,819
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    2,280,024
<TOTAL-LIABILITIES>                          2,280,024
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                        1,299,176
<SHARES-COMMON-PRIOR>                        1,299,176
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (2,449,132)
<NET-ASSETS>                                17,262,795
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            1,027,725
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 489,817
<NET-INVESTMENT-INCOME>                        537,908
<REALIZED-GAINS-CURRENT>                     1,158,098
<APPREC-INCREASE-CURRENT>                  (1,765,014)
<NET-CHANGE-FROM-OPS>                         (69,008)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      537,908
<DISTRIBUTIONS-OF-GAINS>                     1,170,979
<DISTRIBUTIONS-OTHER>                          784,481
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (2,562,376)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          105,085
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                489,817
<AVERAGE-NET-ASSETS>                        18,475,441
<PER-SHARE-NAV-BEGIN>                            15.28
<PER-SHARE-NII>                                    .41
<PER-SHARE-GAIN-APPREC>                          (.46)
<PER-SHARE-DIVIDEND>                               .41
<PER-SHARE-DISTRIBUTIONS>                          .89
<RETURNS-OF-CAPITAL>                               .60
<PER-SHARE-NAV-END>                              13.33
<EXPENSE-RATIO>                                   3.53
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>