<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES AT JUNE 30, 2000 AND THE STATEMENT OF
OPERATIONS FROM JANUARY 1, 2000 TO JUNE 30, 2000 AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C> <C>
<PERIOD-TYPE> 3-MOS 6-MOS
<FISCAL-YEAR-END> DEC-31-2000 DEC-31-2000
<PERIOD-START> APR-01-2000 JAN-01-2000
<PERIOD-END> JUN-30-2000 JUN-30-2000
<INVESTMENTS-AT-COST> 4,692,149 4,692,149
<INVESTMENTS-AT-VALUE> 4,690,260 4,690,260
<RECEIVABLES> 37,230 37,230
<ASSETS-OTHER> 7,600 7,600
<OTHER-ITEMS-ASSETS> 312,637 312,637
<TOTAL-ASSETS> 5,049,616 5,049,616
<PAYABLE-FOR-SECURITIES> 0 0
<SENIOR-LONG-TERM-DEBT> 0 0
<OTHER-ITEMS-LIABILITIES> 82,921 82,921
<TOTAL-LIABILITIES> 82,921 82,921
<SENIOR-EQUITY> 0 0
<PAID-IN-CAPITAL-COMMON> 5,046,504 5,046,504
<SHARES-COMMON-STOCK> 4,162,120 4,162,120
<SHARES-COMMON-PRIOR> 4,268,221 2,841,984
<ACCUMULATED-NII-CURRENT> 82,571 130,401
<OVERDISTRIBUTION-NII> 0 0
<ACCUMULATED-NET-GAINS> 0 0
<OVERDISTRIBUTION-GAINS> 0 0
<ACCUM-APPREC-OR-DEPREC> 161,842 161,842
<NET-ASSETS> 4,966,695 4,966,695
<DIVIDEND-INCOME> 0 0
<INTEREST-INCOME> 76,321 117,901
<OTHER-INCOME> 6,250 12,500
<EXPENSES-NET> 45,605 84,391
<NET-INVESTMENT-INCOME> 21,486 28,010
<REALIZED-GAINS-CURRENT> 0 0
<APPREC-INCREASE-CURRENT> 851 (1,889)
<NET-CHANGE-FROM-OPS> 21,486 28,010
<EQUALIZATION> 0 0
<DISTRIBUTIONS-OF-INCOME> 0 0
<DISTRIBUTIONS-OF-GAINS> 0 0
<DISTRIBUTIONS-OTHER> 0 0
<NUMBER-OF-SHARES-SOLD> 0 0
<NUMBER-OF-SHARES-REDEEMED> 106,101 106,101
<SHARES-REINVESTED> 0 0
<NET-CHANGE-IN-ASSETS> (131,076) 1,933,238
<ACCUMULATED-NII-PRIOR> 0 0
<ACCUMULATED-GAINS-PRIOR> 0 0
<OVERDISTRIB-NII-PRIOR> 0 0
<OVERDIST-NET-GAINS-PRIOR> 0 0
<GROSS-ADVISORY-FEES> 17,000 29,000
<INTEREST-EXPENSE> 0 0
<GROSS-EXPENSE> 45,605 84,391
<AVERAGE-NET-ASSETS> 5,021,490 3,986,071
<PER-SHARE-NAV-BEGIN> 1.19 1.06
<PER-SHARE-NII> .03 .03
<PER-SHARE-GAIN-APPREC> .00 .00
<PER-SHARE-DIVIDEND> .00 .00
<PER-SHARE-DISTRIBUTIONS> .00 .00
<RETURNS-OF-CAPITAL> .00 .00
<PER-SHARE-NAV-END> 1.19 1.19
<EXPENSE-RATIO> .01 .02
</TABLE>
