<TABLE> <S> <C>

<ARTICLE> 6
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-START>                              NOV-1-1996
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                        5,482,424
<INVESTMENTS-AT-VALUE>                       7,261,746
<RECEIVABLES>                                  103,370
<ASSETS-OTHER>                                     254
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               7,365,370
<PAYABLE-FOR-SECURITIES>                        16,273
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       47,771
<TOTAL-LIABILITIES>                             64,044
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     5,262,385
<SHARES-COMMON-STOCK>                      158,244,541
<SHARES-COMMON-PRIOR>                      136,469,764
<ACCUMULATED-NII-CURRENT>                        3,028
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        255,286
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,779,044
<NET-ASSETS>                                 7,301,326
<DIVIDEND-INCOME>                              165,482
<INTEREST-INCOME>                              135,648
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  41,548
<NET-INVESTMENT-INCOME>                        259,582
<REALIZED-GAINS-CURRENT>                       280,827
<APPREC-INCREASE-CURRENT>                      776,609
<NET-CHANGE-FROM-OPS>                        1,317,018
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      262,498
<DISTRIBUTIONS-OF-GAINS>                        99,910
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     29,804,485
<NUMBER-OF-SHARES-REDEEMED>                 15,485,458
<SHARES-REINVESTED>                          7,455,750
<NET-CHANGE-IN-ASSETS>                       1,883,613
<ACCUMULATED-NII-PRIOR>                          2,228
<ACCUMULATED-GAINS-PRIOR>                       77,870
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           20,097
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 41,548
<AVERAGE-NET-ASSETS>                         6,423,514
<PER-SHARE-NAV-BEGIN>                             39.7
<PER-SHARE-NII>                                   1.74
<PER-SHARE-GAIN-APPREC>                           7.20
<PER-SHARE-DIVIDEND>                              1.77
<PER-SHARE-DISTRIBUTIONS>                          .73
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              46.14
<EXPENSE-RATIO>                                   .006
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>