<TABLE> <S> <C>


<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM (A) FORM
10-Q FOR THE QUARTER ENDED MARCH 31, 1999, AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH (B) FINANCIAL STATEMENTS.
</LEGEND>
       
<S>                             <C>
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-START>                             JAN-01-1999
<PERIOD-END>                               MAR-31-1999
<INVESTMENTS-AT-COST>                       10,700,039
<INVESTMENTS-AT-VALUE>                       8,451,186
<RECEIVABLES>                                   55,934
<ASSETS-OTHER>                                  12,596
<OTHER-ITEMS-ASSETS>                           411,757
<TOTAL-ASSETS>                               8,931,473
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      787,845
<TOTAL-LIABILITIES>                            787,845
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                          940,336
<SHARES-COMMON-PRIOR>                          940,336
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (2,248,853)
<NET-ASSETS>                                 8,143,628
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               79,495
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 117,829
<NET-INVESTMENT-INCOME>                       (38,334)
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                          721
<NET-CHANGE-FROM-OPS>                         (37,613)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                          284,950
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       (322,563)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           20,741
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                117,829
<AVERAGE-NET-ASSETS>                         8,304,910
<PER-SHARE-NAV-BEGIN>                             9.19
<PER-SHARE-NII>                                  (.04)
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                               .30
<PER-SHARE-NAV-END>                               8.85
<EXPENSE-RATIO>                                   5.68
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>