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008 D01AA02 LONDON
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<PAGE> PAGE 2
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SIGNATURE JOHN H. COSTELLO
TITLE ASSISTANT TREASURER
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105,428
<ASSETS-OTHER>
936
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
653,799
<PAYABLE-FOR-SECURITIES>
141,650
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
2,091
<TOTAL-LIABILITIES>
143,741
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
499,912
<SHARES-COMMON-STOCK>
1,743
<SHARES-COMMON-PRIOR>
1,329
<ACCUMULATED-NII-CURRENT>
1,699
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
8,285
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
162
<NET-ASSETS>
510,058
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
36,042
<OTHER-INCOME>
0
<EXPENSES-NET>
3,709
<NET-INVESTMENT-INCOME>
32,333
<REALIZED-GAINS-CURRENT>
8,605
<APPREC-INCREASE-CURRENT>
(11,641)
<NET-CHANGE-FROM-OPS>
29,297
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
836
<DISTRIBUTIONS-OF-GAINS>
42
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
1,215
<NUMBER-OF-SHARES-REDEEMED>
874
<SHARES-REINVESTED>
73
<NET-CHANGE-IN-ASSETS>
(21,848)
<ACCUMULATED-NII-PRIOR>
291
<ACCUMULATED-GAINS-PRIOR>
762
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
2,227
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
3,834
<AVERAGE-NET-ASSETS>
14,593
<PER-SHARE-NAV-BEGIN>
11.020
<PER-SHARE-NII>
.665
<PER-SHARE-GAIN-APPREC>
(.063)
<PER-SHARE-DIVIDEND>
.632
<PER-SHARE-DISTRIBUTIONS>
.030
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
10.960
<EXPENSE-RATIO>
100
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
