BLK SUBSIDIARY INC
NSAR-B, EX-27, 2000-08-25
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<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               JUN-30-2000
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<INVESTMENTS-AT-VALUE>                      1194273220
<RECEIVABLES>                                 77136451
<ASSETS-OTHER>                               217039588
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              1488449259
<PAYABLE-FOR-SECURITIES>                      41736667
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    459039362
<TOTAL-LIABILITIES>                          500776029
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    1010260443
<SHARES-COMMON-STOCK>                        142010583
<SHARES-COMMON-PRIOR>                        142010583
<ACCUMULATED-NII-CURRENT>                     18803058
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     (33915255)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (7475016)
<NET-ASSETS>                                 987673230
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                             39492655
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 8051800
<NET-INVESTMENT-INCOME>                       31440855
<REALIZED-GAINS-CURRENT>                    (29351702)
<APPREC-INCREASE-CURRENT>                     29193565
<NET-CHANGE-FROM-OPS>                         31282718
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   (54018839)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      (22736121)
<ACCUMULATED-NII-PRIOR>                       37414069
<ACCUMULATED-GAINS-PRIOR>                    (4563553)
<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                          4098443
<INTEREST-EXPENSE>                            30708678
<GROSS-EXPENSE>                               38760478
<AVERAGE-NET-ASSETS>                        1019011689
<PER-SHARE-NAV-BEGIN>                             7.12
<PER-SHARE-NII>                                   0.21
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                            (0.38)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.95
<EXPENSE-RATIO>                                   0.59


</TABLE>


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