<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
FOR THE QUARTER ENDED MARCH 31, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               MAR-31-1997
<INVESTMENTS-AT-COST>                       20,754,373
<INVESTMENTS-AT-VALUE>                      19,115,405
<RECEIVABLES>                                  119,648
<ASSETS-OTHER>                                   2,637
<OTHER-ITEMS-ASSETS>                           330,642
<TOTAL-ASSETS>                              19,568,332
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      908,666
<TOTAL-LIABILITIES>                            908,666
<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>                   (1,638,968)
<NET-ASSETS>                                18,659,666
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              333,845
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 150,810
<NET-INVESTMENT-INCOME>                        183,035
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                    (954,850)
<NET-CHANGE-FROM-OPS>                        (771,815)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      183,035
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                          210,655
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (1,165,505)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           22,279
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                150,810
<AVERAGE-NET-ASSETS>                        19,242,419
<PER-SHARE-NAV-BEGIN>                            15.28
<PER-SHARE-NII>                                    .14
<PER-SHARE-GAIN-APPREC>                          (.73)
<PER-SHARE-DIVIDEND>                               .14
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                               .16
<PER-SHARE-NAV-END>                              14.39
<EXPENSE-RATIO>                                   3.13
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>