PRINCIPAL INTERNATIONAL EMERGING MARKETS FUND INC
NSAR-A, 1999-06-16
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008 A000002 INVISTA CAPITAL MANAGEMENT, LLC
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020 A000001 JAMES CAPEL INC
020 B000001 52-1348224
020 C000001      9
020 A000002 CREDIT SUISSE FIRST BOSTON CORP
020 B000002 13-5659485
020 C000002      5
020 A000003 GOLDMAN SACHS CO
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020 A000004 SALOMON BROTHERS, SMITH BARNEY
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020 A000005 ABN AMRO SECURITIES (USA) INC
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020 C000005      3
020 A000006 W. I. CARR (AMERICA) LTD
020 B000006 13-2927466
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020 A000007 ROBERT FLEMING
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020 A000008 MERRILL LYNCH
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SIGNATURE   A S FILEAN
TITLE       VICE PRES/SECRETARY


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               APR-30-1999
<INVESTMENTS-AT-COST>                       17,128,928
<INVESTMENTS-AT-VALUE>                      17,344,326
<RECEIVABLES>                                  399,624
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<PAYABLE-FOR-SECURITIES>                       573,051
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<TOTAL-LIABILITIES>                            632,538
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    19,328,823
<SHARES-COMMON-STOCK>                        1,227,807
<SHARES-COMMON-PRIOR>                        1,117,661
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (2,346,505)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       208,632
<NET-ASSETS>                                17,190,950
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<NET-INVESTMENT-INCOME>                        (7,573)
<REALIZED-GAINS-CURRENT>                     (939,425)
<APPREC-INCREASE-CURRENT>                    3,966,625
<NET-CHANGE-FROM-OPS>                        3,019,627
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                        225,635
<NUMBER-OF-SHARES-REDEEMED>                  (115,489)
<SHARES-REINVESTED>                                  0
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<ACCUMULATED-GAINS-PRIOR>                  (1,436,265)
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<GROSS-ADVISORY-FEES>                           89,891
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<GROSS-EXPENSE>                                220,815
<AVERAGE-NET-ASSETS>                        14,367,161
<PER-SHARE-NAV-BEGIN>                             6.54
<PER-SHARE-NII>                                      0
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               7.98
<EXPENSE-RATIO>                                   2.73


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               APR-30-1999
<INVESTMENTS-AT-COST>                       17,128,928
<INVESTMENTS-AT-VALUE>                      17,344,326
<RECEIVABLES>                                  399,624
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            79,538
<TOTAL-ASSETS>                              17,823,488
<PAYABLE-FOR-SECURITIES>                       573,051
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       59,487
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    19,328,823
<SHARES-COMMON-STOCK>                          542,105
<SHARES-COMMON-PRIOR>                          502,111
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (2,346,505)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       208,632
<NET-ASSETS>                                17,190,950
<DIVIDEND-INCOME>                              195,459
<INTEREST-INCOME>                               17,783
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (220,815)
<NET-INVESTMENT-INCOME>                        (7,573)
<REALIZED-GAINS-CURRENT>                     (939,425)
<APPREC-INCREASE-CURRENT>                    3,966,625
<NET-CHANGE-FROM-OPS>                        3,019,627
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         70,192
<NUMBER-OF-SHARES-REDEEMED>                   (30,198)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       4,401,045
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<PER-SHARE-NAV-BEGIN>                             6.52
<PER-SHARE-NII>                                  (.03)
<PER-SHARE-GAIN-APPREC>                           1.42
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               7.91
<EXPENSE-RATIO>                                   3.83


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               APR-30-1999
<INVESTMENTS-AT-COST>                       17,128,928
<INVESTMENTS-AT-VALUE>                      17,344,326
<RECEIVABLES>                                  399,624
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            79,538
<TOTAL-ASSETS>                              17,823,488
<PAYABLE-FOR-SECURITIES>                       573,051
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       59,487
<TOTAL-LIABILITIES>                            632,538
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    19,328,823
<SHARES-COMMON-STOCK>                          389,901
<SHARES-COMMON-PRIOR>                          337,289
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (2,346,505)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       208,632
<NET-ASSETS>                                17,190,950
<DIVIDEND-INCOME>                              195,459
<INTEREST-INCOME>                               17,783
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (220,815)
<NET-INVESTMENT-INCOME>                        (7,573)
<REALIZED-GAINS-CURRENT>                     (939,425)
<APPREC-INCREASE-CURRENT>                    3,966,625
<NET-CHANGE-FROM-OPS>                        3,019,627
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         91,450
<NUMBER-OF-SHARES-REDEEMED>                   (38,838)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       4,401,045
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (1,436,265)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           89,891
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                220,815
<AVERAGE-NET-ASSETS>                        14,367,161
<PER-SHARE-NAV-BEGIN>                             6.53
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                           1.42
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               7.95
<EXPENSE-RATIO>                                   3.06


</TABLE>


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