<TABLE> <S> <C>

<ARTICLE> 6
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-START>                              NOV-1-1997
<PERIOD-END>                               OCT-31-1998
<INVESTMENTS-AT-COST>                        6,894,540
<INVESTMENTS-AT-VALUE>                       8,781,348
<RECEIVABLES>                                  156,262
<ASSETS-OTHER>                                      79
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               8,937,689
<PAYABLE-FOR-SECURITIES>                       116,390
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       74,495
<TOTAL-LIABILITIES>                            190,885
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     6,362,433
<SHARES-COMMON-STOCK>                      180,735,722
<SHARES-COMMON-PRIOR>                      158,244,541
<ACCUMULATED-NII-CURRENT>                        3,480
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        492,001
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,887,083
<NET-ASSETS>                                 8,746,804
<DIVIDEND-INCOME>                              217,392
<INTEREST-INCOME>                              193,597
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  53,049
<NET-INVESTMENT-INCOME>                        357,940
<REALIZED-GAINS-CURRENT>                       519,943
<APPREC-INCREASE-CURRENT>                      108,040
<NET-CHANGE-FROM-OPS>                          985,923
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      360,241
<DISTRIBUTIONS-OF-GAINS>                       256,425
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     30,081,411
<NUMBER-OF-SHARES-REDEEMED>                 18,311,478
<SHARES-REINVESTED>                         10,721,248
<NET-CHANGE-IN-ASSETS>                       1,445,478
<ACCUMULATED-NII-PRIOR>                          3,028
<ACCUMULATED-GAINS-PRIOR>                      255,286
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           26,651
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 53,049
<AVERAGE-NET-ASSETS>                         8,234,137
<PER-SHARE-NAV-BEGIN>                            46.14
<PER-SHARE-NII>                                   2.09
<PER-SHARE-GAIN-APPREC>                           3.87
<PER-SHARE-DIVIDEND>                              2.09
<PER-SHARE-DISTRIBUTIONS>                         1.61
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              48.40
<EXPENSE-RATIO>                                   .006
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>