<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> BELAIR CAPITAL FUND
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 4,974,948,034
<INVESTMENTS-AT-VALUE> 3,120,423,338
<RECEIVABLES> 12,076,236
<ASSETS-OTHER> 34,833,906
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3,167,333,480
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 969,790,536
<OTHER-ITEMS-LIABILITIES> 52,086,369
<TOTAL-LIABILITIES> 1,021,876,905
<SENIOR-EQUITY> 2,145,456,575
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 15,110,588
<SHARES-COMMON-PRIOR> 15,900,744
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 658,953,731
<NET-ASSETS> 2,145,456,575
<DIVIDEND-INCOME> 47,972,703
<INTEREST-INCOME> 5,018,207
<OTHER-INCOME> 7,779,044
<EXPENSES-NET> 61,742,091
<NET-INVESTMENT-INCOME> (972,137)
<REALIZED-GAINS-CURRENT> 13,936,616
<APPREC-INCREASE-CURRENT> 152,418,650
<NET-CHANGE-FROM-OPS> 165,383,129
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 7,112,726
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> (790,156)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 51,086,822
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5,478,299
<INTEREST-EXPENSE> 39,952,466
<GROSS-EXPENSE> 61,742,091
<AVERAGE-NET-ASSETS> 2,101,028,076
<PER-SHARE-NAV-BEGIN> 131.72
<PER-SHARE-NII> (0.06)
<PER-SHARE-GAIN-APPREC> 10.32
<PER-SHARE-DIVIDEND> 0.0
<PER-SHARE-DISTRIBUTIONS> 0.0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 141.98
<EXPENSE-RATIO> 3.93
</TABLE>
