<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 160657289
<INVESTMENTS-AT-VALUE> 160122243
<RECEIVABLES> 2604482
<ASSETS-OTHER> 21187
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 162747912
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 764359
<TOTAL-LIABILITIES> 764359
<SENIOR-EQUITY> 62000000
<PAID-IN-CAPITAL-COMMON> 102607704
<SHARES-COMMON-STOCK> 7242188
<SHARES-COMMON-PRIOR> 7241081
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (301091)
<ACCUMULATED-NET-GAINS> (1788014)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (535046)
<NET-ASSETS> 161983553
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4774564
<OTHER-INCOME> 0
<EXPENSES-NET> 435437
<NET-INVESTMENT-INCOME> 4339127
<REALIZED-GAINS-CURRENT> (1657743)
<APPREC-INCREASE-CURRENT> 5011767
<NET-CHANGE-FROM-OPS> 7693151
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4395056
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 301091
<NUMBER-OF-SHARES-SOLD> 1107
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3012923
<ACCUMULATED-NII-PRIOR> 55929
<ACCUMULATED-GAINS-PRIOR> (130271)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 477700
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 634468
<AVERAGE-NET-ASSETS> 97225000
<PER-SHARE-NAV-BEGIN> 13.39
<PER-SHARE-NII> 0.6
<PER-SHARE-GAIN-APPREC> 0.46
<PER-SHARE-DIVIDEND> (0.61)
<PER-SHARE-DISTRIBUTIONS> 0.03
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.81
<EXPENSE-RATIO> 1.31
</TABLE>