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SIGNATURE JOAN COHEN
TITLE VICE PRESIDENT
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<AVERAGE-NET-ASSETS> 27,376,143
<PER-SHARE-NAV-BEGIN> 2.54
<PER-SHARE-NII> .02
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<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
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<EXPENSE-RATIO> 1.87
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</TABLE>