<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM 10-Q
FOR THE QUARTER ENDED MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                       16,796,772
<INVESTMENTS-AT-VALUE>                      12,841,989
<RECEIVABLES>                                   71,642
<ASSETS-OTHER>                                  52,613
<OTHER-ITEMS-ASSETS>                           276,002
<TOTAL-ASSETS>                              13,242,246
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,666,691
<TOTAL-LIABILITIES>                          1,666,691
<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>                        213,638
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (3,954,783)
<NET-ASSETS>                                11,575,555
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              204,108
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 189,643
<NET-INVESTMENT-INCOME>                         14,465
<REALIZED-GAINS-CURRENT>                      (11,119)
<APPREC-INCREASE-CURRENT>                    (152,514)
<NET-CHANGE-FROM-OPS>                        (149,168)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       14,465
<DISTRIBUTIONS-OF-GAINS>                     1,124,677
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (1,288,310)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    1,338,315
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           30,388
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                189,643
<AVERAGE-NET-ASSETS>                        12,219,710
<PER-SHARE-NAV-BEGIN>                            12.66
<PER-SHARE-NII>                                    .01
<PER-SHARE-GAIN-APPREC>                          (.16)
<PER-SHARE-DIVIDEND>                               .01
<PER-SHARE-DISTRIBUTIONS>                         1.09
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.41
<EXPENSE-RATIO>                                   6.21
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>