<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
SEMIANNUAL REPORT FOR THE SIX MONTHS ENDED JUNE 30, 2000
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 83,875
<INVESTMENTS-AT-VALUE> 82,889
<RECEIVABLES> 8,508
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 91,412
<PAYABLE-FOR-SECURITIES> 6,585
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 268
<TOTAL-LIABILITIES> 6,853
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 89,893
<SHARES-COMMON-STOCK> 4,792
<SHARES-COMMON-PRIOR> 4,792
<ACCUMULATED-NII-CURRENT> 228
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (4,599)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (963)
<NET-ASSETS> 84,559
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,194
<OTHER-INCOME> 0
<EXPENSES-NET> 393
<NET-INVESTMENT-INCOME> 2,801
<REALIZED-GAINS-CURRENT> (2,375)
<APPREC-INCREASE-CURRENT> 1,586
<NET-CHANGE-FROM-OPS> 2,012
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,683
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (671)
<ACCUMULATED-NII-PRIOR> 110
<ACCUMULATED-GAINS-PRIOR> (2,224)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 467
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 811
<AVERAGE-NET-ASSETS> 84,429
<PER-SHARE-NAV-BEGIN> 17.79
<PER-SHARE-NII> 0.58
<PER-SHARE-GAIN-APPREC> (0.16)
<PER-SHARE-DIVIDEND> 0.56
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.65
<EXPENSE-RATIO> 0.91
</TABLE>
