<TABLE> <S> <C>

<ARTICLE> 6
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-START>                             NOV-01-1995
<PERIOD-END>                               OCT-31-1996
<INVESTMENTS-AT-COST>                        4,441,320
<INVESTMENTS-AT-VALUE>                       5,443,662
<RECEIVABLES>                                   32,711
<ASSETS-OTHER>                                       6
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               5,476,379
<PAYABLE-FOR-SECURITIES>                         8,829
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       49,837
<TOTAL-LIABILITIES>                             58,666
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     4,333,599
<SHARES-COMMON-STOCK>                      136,469,764
<SHARES-COMMON-PRIOR>                      124,993,949
<ACCUMULATED-NII-CURRENT>                        2,228
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         77,870
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,002,435
<NET-ASSETS>                                 5,417,713
<DIVIDEND-INCOME>                              181,465
<INTEREST-INCOME>                              111,502
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  35,089
<NET-INVESTMENT-INCOME>                        257,878
<REALIZED-GAINS-CURRENT>                        87,347
<APPREC-INCREASE-CURRENT>                      431,666
<NET-CHANGE-FROM-OPS>                          776,891
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      257,053
<DISTRIBUTIONS-OF-GAINS>                        62,913
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     20,891,053
<NUMBER-OF-SHARES-REDEEMED>                 16,175,451
<SHARES-REINVESTED>                          6,760,213
<NET-CHANGE-IN-ASSETS>                         884,357
<ACCUMULATED-NII-PRIOR>                          1,403
<ACCUMULATED-GAINS-PRIOR>                       53,822
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           18,213
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 35,089
<AVERAGE-NET-ASSETS>                         4,972,037
<PER-SHARE-NAV-BEGIN>                            36.27
<PER-SHARE-NII>                                   1.95
<PER-SHARE-GAIN-APPREC>                           3.92
<PER-SHARE-DIVIDEND>                              1.94
<PER-SHARE-DISTRIBUTIONS>                          .50
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              39.70
<EXPENSE-RATIO>                                   .007
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>