<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>                       20,177,416
<INVESTMENTS-AT-VALUE>                      15,449,352
<RECEIVABLES>                                   81,293
<ASSETS-OTHER>                                  61,116
<OTHER-ITEMS-ASSETS>                           303,471
<TOTAL-ASSETS>                              15,895,232
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,933,910
<TOTAL-LIABILITIES>                          1,933,910
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                        1,201,564
<SHARES-COMMON-PRIOR>                        1,201,564
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        366,862
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (4,728,064)
<NET-ASSETS>                                13,961,322
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              245,939
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 216,748
<NET-INVESTMENT-INCOME>                         29,191
<REALIZED-GAINS-CURRENT>                      (12,881)
<APPREC-INCREASE-CURRENT>                    (184,807)
<NET-CHANGE-FROM-OPS>                        (197,688)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       29,191
<DISTRIBUTIONS-OF-GAINS>                     1,298,265
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (1,495,953)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                    1,665,127
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           35,765
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                216,748
<AVERAGE-NET-ASSETS>                        14,709,299
<PER-SHARE-NAV-BEGIN>                            12.91
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                          (.16)
<PER-SHARE-DIVIDEND>                               .02
<PER-SHARE-DISTRIBUTIONS>                         1.07
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.68
<EXPENSE-RATIO>                                   5.89
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>