WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The Schedule contains summary financial information extracted from semi-annual
financial statements dated June 30, 2000 and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 390,938,802
<INVESTMENTS-AT-VALUE> 385,595,936
<RECEIVABLES> 3,350,305
<ASSETS-OTHER> 112,649
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 389,058,890
<PAYABLE-FOR-SECURITIES> 29,948,883
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,271,333
<TOTAL-LIABILITIES> 31,220,216
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 368,592,225
<SHARES-COMMON-STOCK> 44,054,738
<SHARES-COMMON-PRIOR> 41,671,272
<ACCUMULATED-NII-CURRENT> 331
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (5,411,016)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (5,342,866)
<NET-ASSETS> 357,838,674
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 13,499,414
<OTHER-INCOME> 0
<EXPENSES-NET> 1,832,519
<NET-INVESTMENT-INCOME> 11,666,895
<REALIZED-GAINS-CURRENT> (2,472,614)
<APPREC-INCREASE-CURRENT> 4,156,600
<NET-CHANGE-FROM-OPS> 13,350,881
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 11,666,564
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8,931,459
<NUMBER-OF-SHARES-REDEEMED> (12,785,029)
<SHARES-REINVESTED> 1,308,630
<NET-CHANGE-IN-ASSETS> (20,426,097)
<ACCUMULATED-NII-PRIOR> 96,246
<ACCUMULATED-GAINS-PRIOR> (2,521,490)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 964,694
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,832,519
<AVERAGE-NET-ASSETS> 357,997,134
<PER-SHARE-NAV-BEGIN> 8.08
<PER-SHARE-NII> 0.27
<PER-SHARE-GAIN-APPREC> 0.04
<PER-SHARE-DIVIDEND> (0.27)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 8.12
<EXPENSE-RATIO> 1.03
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
