STATE STREET RESEARCH EQUITY TRUST
NSAR-A, 2000-02-29
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<PAGE>      PAGE  1
000 A000000 12/31/99
000 C000000 0000790941
000 D000000 N
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000 J000000 A
001 A000000 STATE STREET RESEARCH EQUITY TRUST
001 B000000 811-4624
001 C000000 6173571200
002 A000000 ONE FINANCIAL CENTER
002 B000000 BOSTON
002 C000000 MA
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003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
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007 C010100  1
007 C010200  2
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007 C030200 N
007 C010300  3
007 C020300 STATE STREET RESEARCH ALPHA FUND
007 C030300 N
007 C010400  4
007 C020400 STATE STREET RESEARCH GLOBAL RESOURCES FUND
007 C030400 N
007 C010500  5
007 C020500 STATE STREET RESEARCH ATHLETES FUND
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007 C010600  6
007 C010700  7
007 C010800  8
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007 C011000 10
008 A00AA01 STATE STREET RESEARCH & MANAGEMENT COMPANY
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008 D02AA01 MA
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008 D04AA01 2690
011 A00AA01 STATE STREET RESEARCH INVESTMENT SERVICES INC
011 B00AA01 8-26468
011 C01AA01 BOSTON
<PAGE>      PAGE  2
011 C02AA01 MA
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011 C04AA01 2690
012 A00AA01 STATE STREET RESEARCH SERVICE CENTER
012 B00AA01 85-26468
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02111
012 C04AA01 2690
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
014 A00AA01 STATE STREET RESEARCH INVESTMENT SERVICES INC
014 B00AA01 8-35442
014 A00AA02 METROPOLITAN LIFE INSURANCE COMPANY
014 B00AA02 8-14901
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020 B000002 13-2518466
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020 A000003 PRUDENTIAL SECURITIES INC.
020 B000003 22-2347336
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020 A000004 AUTRANET, INC.
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020 A000006 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
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<PAGE>      PAGE  3
020 A000010 CANTOR FITZGERALD & CO.
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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074 K000500       35
074 L000500      114
<PAGE>      PAGE  19
074 M000500        0
074 N000500    25306
074 O000500        0
074 P000500       23
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500      153
074 S000500        0
074 T000500    25130
074 U010500     2237
074 U020500        0
074 V010500    11.26
074 V020500    11.07
074 W000500   0.0000
074 X000500       83
074 Y000500        0
075 A000500        0
075 B000500    20208
076  000500     0.00
SIGNATURE   DOUGLAS A. ROMICH
TITLE       ASSISTANT TREASURER


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 021
   <NAME> STATE STREET RESEARCH ARGO FUND CLASS A

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      139,699,356
<INVESTMENTS-AT-VALUE>                     149,988,101
<RECEIVABLES>                                  469,805
<ASSETS-OTHER>                                  30,734
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<OTHER-ITEMS-LIABILITIES>                    1,149,323
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   143,591,851
<SHARES-COMMON-STOCK>                        4,216,887
<SHARES-COMMON-PRIOR>                        3,612,861
<ACCUMULATED-NII-CURRENT>                      294,975
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                   (4,836,254)
<ACCUM-APPREC-OR-DEPREC>                    10,288,745
<NET-ASSETS>                               149,339,317
<DIVIDEND-INCOME>                            2,075,030
<INTEREST-INCOME>                              121,039
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,295,067
<NET-INVESTMENT-INCOME>                        901,002
<REALIZED-GAINS-CURRENT>                     (650,256)
<APPREC-INCREASE-CURRENT>                 (26,537,269)
<NET-CHANGE-FROM-OPS>                     (26,286,523)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (427,224)
<DISTRIBUTIONS-OF-GAINS>                  (14,532,860)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        276,172
<NUMBER-OF-SHARES-REDEEMED>                  (552,119)
<SHARES-REINVESTED>                            879,973
<NET-CHANGE-IN-ASSETS>                    (56,274,693)
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<ACCUMULATED-GAINS-PRIOR>                   34,635,132
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,385,699
<AVERAGE-NET-ASSETS>                       181,722,154
<PER-SHARE-NAV-BEGIN>                            21.30
<PER-SHARE-NII>                                   0.10
<PER-SHARE-GAIN-APPREC>                         (2.48)
<PER-SHARE-DIVIDEND>                            (0.10)
<PER-SHARE-DISTRIBUTIONS>                       (3.96)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.86
<EXPENSE-RATIO>                                   1.26
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 022
   <NAME> STATE STREET RESEARCH ARGO FUND CLASS B

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      139,699,356
<INVESTMENTS-AT-VALUE>                     149,988,101
<RECEIVABLES>                                  469,805
<ASSETS-OTHER>                                  30,734
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             150,488,640
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,149,323
<TOTAL-LIABILITIES>                          1,149,323
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   143,591,851
<SHARES-COMMON-STOCK>                        3,163,324
<SHARES-COMMON-PRIOR>                        2,865,984
<ACCUMULATED-NII-CURRENT>                      294,975
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                   (4,836,254)
<ACCUM-APPREC-OR-DEPREC>                    10,288,745
<NET-ASSETS>                               149,339,317
<DIVIDEND-INCOME>                            2,075,030
<INTEREST-INCOME>                              121,039
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,295,067
<NET-INVESTMENT-INCOME>                        901,002
<REALIZED-GAINS-CURRENT>                     (650,256)
<APPREC-INCREASE-CURRENT>                 (26,537,269)
<NET-CHANGE-FROM-OPS>                     (26,286,523)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (129,945)
<DISTRIBUTIONS-OF-GAINS>                  (11,333,494)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        100,574
<NUMBER-OF-SHARES-REDEEMED>                  (503,000)
<SHARES-REINVESTED>                            699,766
<NET-CHANGE-IN-ASSETS>                    (56,274,693)
<ACCUMULATED-NII-PRIOR>                        336,442
<ACCUMULATED-GAINS-PRIOR>                   34,635,132
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          590,597
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,385,699
<AVERAGE-NET-ASSETS>                       181,722,154
<PER-SHARE-NAV-BEGIN>                            20.77
<PER-SHARE-NII>                                   0.03
<PER-SHARE-GAIN-APPREC>                         (2.40)
<PER-SHARE-DIVIDEND>                            (0.04)
<PER-SHARE-DISTRIBUTIONS>                       (3.96)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.40
<EXPENSE-RATIO>                                   2.01
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 023
   <NAME> STATE STREET RESEARCH ARGO FUND CLASS S

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      139,699,356
<INVESTMENTS-AT-VALUE>                     149,988,101
<RECEIVABLES>                                  469,805
<ASSETS-OTHER>                                  30,734
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             150,488,640
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,149,323
<TOTAL-LIABILITIES>                          1,149,323
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   143,591,851
<SHARES-COMMON-STOCK>                        2,251,681
<SHARES-COMMON-PRIOR>                       2,979,974
<ACCUMULATED-NII-CURRENT>                      294,975
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                   (4,836,254)
<ACCUM-APPREC-OR-DEPREC>                    10,288,745
<NET-ASSETS>                               149,339,317
<DIVIDEND-INCOME>                            2,075,030
<INTEREST-INCOME>                              121,039
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,295,067
<NET-INVESTMENT-INCOME>                        901,002
<REALIZED-GAINS-CURRENT>                     (650,256)
<APPREC-INCREASE-CURRENT>                 (26,537,269)
<NET-CHANGE-FROM-OPS>                     (26,286,523)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (360,792)
<DISTRIBUTIONS-OF-GAINS>                  (11,556,945)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        505,254
<NUMBER-OF-SHARES-REDEEMED>                (1,957,047)
<SHARES-REINVESTED>                            723,500
<NET-CHANGE-IN-ASSETS>                    (56,274,693)
<ACCUMULATED-NII-PRIOR>                        336,442
<ACCUMULATED-GAINS-PRIOR>                   34,635,132
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          590,597
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,385,699
<AVERAGE-NET-ASSETS>                       181,722,154
<PER-SHARE-NAV-BEGIN>                            21.26
<PER-SHARE-NII>                                   0.12
<PER-SHARE-GAIN-APPREC>                         (2.48)
<PER-SHARE-DIVIDEND>                            (0.12)
<PER-SHARE-DISTRIBUTIONS>                       (3.96)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.82
<EXPENSE-RATIO>                                   1.01
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 024
   <NAME> STATE STREET RESEARCH ARGO FUND CLASS C

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      139,699,356
<INVESTMENTS-AT-VALUE>                     149,988,101
<RECEIVABLES>                                  469,805
<ASSETS-OTHER>                                  30,734
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             150,488,640
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,149,323
<TOTAL-LIABILITIES>                          1,149,323
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   143,591,851
<SHARES-COMMON-STOCK>                           70,354
<SHARES-COMMON-PRIOR>                           74,835
<ACCUMULATED-NII-CURRENT>                      294,975
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                   (4,836,254)
<ACCUM-APPREC-OR-DEPREC>                    10,288,745
<NET-ASSETS>                               149,339,317
<DIVIDEND-INCOME>                            2,075,030
<INTEREST-INCOME>                              121,039
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,295,067
<NET-INVESTMENT-INCOME>                        901,002
<REALIZED-GAINS-CURRENT>                     (650,256)
<APPREC-INCREASE-CURRENT>                 (26,537,269)
<NET-CHANGE-FROM-OPS>                     (26,286,523)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (3,106)
<DISTRIBUTIONS-OF-GAINS>                     (293,206)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          7,649
<NUMBER-OF-SHARES-REDEEMED>                   (29,629)
<SHARES-REINVESTED>                             17,499
<NET-CHANGE-IN-ASSETS>                    (56,274,693)
<ACCUMULATED-NII-PRIOR>                        336,442
<ACCUMULATED-GAINS-PRIOR>                   34,635,132
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          590,597
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,385,699
<AVERAGE-NET-ASSETS>                       181,722,154
<PER-SHARE-NAV-BEGIN>                            20.78
<PER-SHARE-NII>                                   0.03
<PER-SHARE-GAIN-APPREC>                         (2.40)
<PER-SHARE-DIVIDEND>                            (0.04)
<PER-SHARE-DISTRIBUTIONS>                       (3.96)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.41
<EXPENSE-RATIO>                                   2.01
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 025
   <NAME> STATE STREET RESEARCH ARGO FUND CLASS B1

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      139,699,356
<INVESTMENTS-AT-VALUE>                     149,988,101
<RECEIVABLES>                                  469,805
<ASSETS-OTHER>                                  30,734
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             150,488,640
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,149,323
<TOTAL-LIABILITIES>                          1,149,323
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   143,591,851
<SHARES-COMMON-STOCK>                          468,403
<SHARES-COMMON-PRIOR>                          204,456
<ACCUMULATED-NII-CURRENT>                      294,975
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                   (4,836,254)
<ACCUM-APPREC-OR-DEPREC>                    10,288,745
<NET-ASSETS>                               149,339,317
<DIVIDEND-INCOME>                            2,075,030
<INTEREST-INCOME>                              121,039
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,295,067
<NET-INVESTMENT-INCOME>                        901,002
<REALIZED-GAINS-CURRENT>                     (650,256)
<APPREC-INCREASE-CURRENT>                 (26,537,269)
<NET-CHANGE-FROM-OPS>                     (26,286,523)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (21,832)
<DISTRIBUTIONS-OF-GAINS>                   (1,104,625)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        230,727
<NUMBER-OF-SHARES-REDEEMED>                   (36,749)
<SHARES-REINVESTED>                             69,969
<NET-CHANGE-IN-ASSETS>                    (56,274,693)
<ACCUMULATED-NII-PRIOR>                        336,442
<ACCUMULATED-GAINS-PRIOR>                   34,635,132
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          590,597
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,385,699
<AVERAGE-NET-ASSETS>                       181,722,154
<PER-SHARE-NAV-BEGIN>                            20.76
<PER-SHARE-NII>                                   0.04
<PER-SHARE-GAIN-APPREC>                         (2.41)
<PER-SHARE-DIVIDEND>                            (0.05)
<PER-SHARE-DISTRIBUTIONS>                       (3.96)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.38
<EXPENSE-RATIO>                                   2.01
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 031
   <NAME> STATE STREET RESEARCH ALPHA FUND CLASS A

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      261,291,369
<INVESTMENTS-AT-VALUE>                     269,973,934
<RECEIVABLES>                                1,478,878
<ASSETS-OTHER>                               2,682,859
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             274,135,671
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   22,605,130
<TOTAL-LIABILITIES>                         22,605,130
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   236,921,750
<SHARES-COMMON-STOCK>                        6,327,751
<SHARES-COMMON-PRIOR>                        7,230,680
<ACCUMULATED-NII-CURRENT>                    1,381,431
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      4,517,245
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     8,710,115
<NET-ASSETS>                               251,530,541
<DIVIDEND-INCOME>                            1,921,713
<INTEREST-INCOME>                            2,157,995
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               2,494,996
<NET-INVESTMENT-INCOME>                      1,701,732
<REALIZED-GAINS-CURRENT>                    20,038,664
<APPREC-INCREASE-CURRENT>                 (51,363,300)
<NET-CHANGE-FROM-OPS>                     (29,622,904)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,243,550)
<DISTRIBUTIONS-OF-GAINS>                   (1,380,863)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        562,985
<NUMBER-OF-SHARES-REDEEMED>                (1,608,936)
<SHARES-REINVESTED>                            143,022
<NET-CHANGE-IN-ASSETS>                    (76,493,858)
<ACCUMULATED-NII-PRIOR>                      2,702,099
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  11,540,158
<GROSS-ADVISORY-FEES>                          958,253
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,494,996
<AVERAGE-NET-ASSETS>                       294,847,077
<PER-SHARE-NAV-BEGIN>                            15.80
<PER-SHARE-NII>                                   0.11
<PER-SHARE-GAIN-APPREC>                         (1.52)
<PER-SHARE-DIVIDEND>                            (0.19)
<PER-SHARE-DISTRIBUTIONS>                       (0.22)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.98
<EXPENSE-RATIO>                                   1.26
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 032
   <NAME> STATE STREET RESEARCH ALPHA FUND CLASS B

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      261,291,369
<INVESTMENTS-AT-VALUE>                     269,973,934
<RECEIVABLES>                                1,478,878
<ASSETS-OTHER>                               2,682,859
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             274,135,671
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   22,605,130
<TOTAL-LIABILITIES>                         22,605,130
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   236,921,750
<SHARES-COMMON-STOCK>                        7,569,137
<SHARES-COMMON-PRIOR>                        8,996,120
<ACCUMULATED-NII-CURRENT>                    1,381,431
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      4,517,245
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     8,710,115
<NET-ASSETS>                               251,530,541
<DIVIDEND-INCOME>                            1,921,713
<INTEREST-INCOME>                            2,157,995
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               2,494,996
<NET-INVESTMENT-INCOME>                      1,701,732
<REALIZED-GAINS-CURRENT>                    20,038,664
<APPREC-INCREASE-CURRENT>                 (51,363,300)
<NET-CHANGE-FROM-OPS>                     (29,622,904)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,020,743)
<DISTRIBUTIONS-OF-GAINS>                   (1,670,793)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        141,914
<NUMBER-OF-SHARES-REDEEMED>                (1,708,186)
<SHARES-REINVESTED>                            139,289
<NET-CHANGE-IN-ASSETS>                    (76,493,858)
<ACCUMULATED-NII-PRIOR>                      2,702,099
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  11,540,158
<GROSS-ADVISORY-FEES>                          958,253
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,494,996
<AVERAGE-NET-ASSETS>                       294,847,077
<PER-SHARE-NAV-BEGIN>                            15.74
<PER-SHARE-NII>                                   0.06
<PER-SHARE-GAIN-APPREC>                         (1.52)
<PER-SHARE-DIVIDEND>                            (0.13)
<PER-SHARE-DISTRIBUTIONS>                       (0.22)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.93
<EXPENSE-RATIO>                                   2.01
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 033
   <NAME> STATE STREET RESEARCH ALPHA FUND CLASS S

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      261,291,369
<INVESTMENTS-AT-VALUE>                     269,973,934
<RECEIVABLES>                                1,478,878
<ASSETS-OTHER>                               2,682,859
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             274,135,671
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   22,605,130
<TOTAL-LIABILITIES>                         22,605,130
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   236,921,750
(SHARES-COMMON-STOCK>                        2,180,867
<SHARES-COMMON-PRIOR>                        2,580,989
<ACCUMULATED-NII-CURRENT>                    1,381,431
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      4,517,245
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     8,710,115
<NET-ASSETS>                               251,530,541
<DIVIDEND-INCOME>                            1,921,713
<INTEREST-INCOME>                            2,157,995
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               2,494,996
<NET-INVESTMENT-INCOME>                      1,701,732
<REALIZED-GAINS-CURRENT>                    20,038,664
<APPREC-INCREASE-CURRENT>                 (51,363,300)
<NET-CHANGE-FROM-OPS>                     (29,622,904)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (495,319)
<DISTRIBUTIONS-OF-GAINS>                     (496,967)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        471,913
<NUMBER-OF-SHARES-REDEEMED>                  (930,272)
<SHARES-REINVESTED>                             58,237
<NET-CHANGE-IN-ASSETS>                    (76,493,858)
<ACCUMULATED-NII-PRIOR>                      2,702,099
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  11,540,158
<GROSS-ADVISORY-FEES>                          958,253
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,494,996
<AVERAGE-NET-ASSETS>                       294,847,077
<PER-SHARE-NAV-BEGIN>                            15.79
<PER-SHARE-NII>                                   0.13
<PER-SHARE-GAIN-APPREC>                         (1.51)
<PER-SHARE-DIVIDEND>                            (0.21)
<PER-SHARE-DISTRIBUTIONS>                       (0.22)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.98
<EXPENSE-RATIO>                                   1.01
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 034
   <NAME> STATE STREET RESEARCH ALPHA FUND CLASS C

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      261,291,369
<INVESTMENTS-AT-VALUE>                     269,973,934
<RECEIVABLES>                                1,478,878
<ASSETS-OTHER>                               2,682,859
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             274,135,671
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   22,605,130
<TOTAL-LIABILITIES>                         22,605,130
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   236,921,750
<SHARES-COMMON-STOCK>                        1,246,099
<SHARES-COMMON-PRIOR>                        1,529,646
<ACCUMULATED-NII-CURRENT>                    1,381,431
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      4,517,245
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     8,710,115
<NET-ASSETS>                               251,530,541
<DIVIDEND-INCOME>                            1,921,713
<INTEREST-INCOME>                            2,157,995
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               2,494,996
<NET-INVESTMENT-INCOME>                      1,701,732
<REALIZED-GAINS-CURRENT>                    20,038,664
<APPREC-INCREASE-CURRENT>                 (51,363,300)
<NET-CHANGE-FROM-OPS>                     (29,622,904)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (170,394)
<DISTRIBUTIONS-OF-GAINS>                     (278,556)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        158,704
<NUMBER-OF-SHARES-REDEEMED>                  (457,874)
<SHARES-REINVESTED>                             15,623
<NET-CHANGE-IN-ASSETS>                    (76,493,858)
<ACCUMULATED-NII-PRIOR>                      2,702,099
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  11,540,158
<GROSS-ADVISORY-FEES>                          958,253
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,494,996
<AVERAGE-NET-ASSETS>                       294,847,077
<PER-SHARE-NAV-BEGIN>                            15.71
<PER-SHARE-NII>                                   0.06
<PER-SHARE-GAIN-APPREC>                         (1.51)
<PER-SHARE-DIVIDEND>                            (0.13)
<PER-SHARE-DISTRIBUTIONS>                       (0.22)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.91
<EXPENSE-RATIO>                                   2.01
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 035
   <NAME> STATE STREET RESEARCH ALPHA FUND CLASS B1

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      261,291,369
<INVESTMENTS-AT-VALUE>                     269,973,934
<RECEIVABLES>                                1,478,878
<ASSETS-OTHER>                               2,682,859
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             274,135,671
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   22,605,130
<TOTAL-LIABILITIES>                         22,605,130
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   236,921,750
<SHARES-COMMON-STOCK>                          701,944
<SHARES-COMMON-PRIOR>                          474,717
<ACCUMULATED-NII-CURRENT>                    1,381,431
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      4,517,245
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     8,710,115
<NET-ASSETS>                               251,530,541
<DIVIDEND-INCOME>                            1,921,713
<INTEREST-INCOME>                            2,157,995
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               2,494,996
<NET-INVESTMENT-INCOME>                      1,701,732
<REALIZED-GAINS-CURRENT>                    20,038,664
<APPREC-INCREASE-CURRENT>                 (51,363,300)
<NET-CHANGE-FROM-OPS>                     (29,622,904)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (92,394)
<DISTRIBUTIONS-OF-GAINS>                     (154,082)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        293,116
<NUMBER-OF-SHARES-REDEEMED>                   (80,235)
<SHARES-REINVESTED>                             14,346
<NET-CHANGE-IN-ASSETS>                    (76,493,858)
<ACCUMULATED-NII-PRIOR>                      2,702,099
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  11,540,158
<GROSS-ADVISORY-FEES>                          958,253
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,494,996
<AVERAGE-NET-ASSETS>                       294,847,077
<PER-SHARE-NAV-BEGIN>                            15.70
<PER-SHARE-NII>                                   0.06
<PER-SHARE-GAIN-APPREC>                         (1.51)
<PER-SHARE-DIVIDEND>                            (0.14)
<PER-SHARE-DISTRIBUTIONS>                       (0.22)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.89
<EXPENSE-RATIO>                                   2.01
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 041
   <NAME> STATE STREET RESEARCH GLOBAL RESOURCES FUND CLASS A

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      183,529,555
<INVESTMENTS-AT-VALUE>                     122,140,091
<RECEIVABLES>                                1,681,767
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             123,821,858
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    5,739,850
<TOTAL-LIABILITIES>                          5,739,850
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   224,869,103
<SHARES-COMMON-STOCK>                        4,016,032
<SHARES-COMMON-PRIOR>                        5,525,602
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                  (45,397,631)
<ACCUM-APPREC-OR-DEPREC>                  (61,389,464)
<NET-ASSETS>                               118,082,008
<DIVIDEND-INCOME>                              260,224
<INTEREST-INCOME>                               34,548
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,530,695
<NET-INVESTMENT-INCOME>                    (1,235,923)
<REALIZED-GAINS-CURRENT>                       636,293
<APPREC-INCREASE-CURRENT>                  (9,078,432)
<NET-CHANGE-FROM-OPS>                        9,678,062
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      3,646,281
<NUMBER-OF-SHARES-REDEEMED>                (5,155,851)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                    (41,962,360)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  46,033,924
<GROSS-ADVISORY-FEES>                          581,887
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,543,476
<AVERAGE-NET-ASSETS>                       155,169,867
<PER-SHARE-NAV-BEGIN>                            12.15
<PER-SHARE-NII>                                 (0.08)
<PER-SHARE-GAIN-APPREC>                         (0.66)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.41
<EXPENSE-RATIO>                                   1.59
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 042
   <NAME> STATE STREET RESEARCH GLOBAL RESOURCES FUND CLASS B

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      183,529,555
<INVESTMENTS-AT-VALUE>                     122,140,091
<RECEIVABLES>                                1,681,767
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             123,821,858
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    5,739,850
<TOTAL-LIABILITIES>                          5,739,850
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   224,869,103
<SHARES-COMMON-STOCK>                        3,930,565
<SHARES-COMMON-PRIOR>                        4,898,888
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                  (45,397,631)
<ACCUM-APPREC-OR-DEPREC>                  (61,389,464)
<NET-ASSETS>                               118,082,008
<DIVIDEND-INCOME>                              260,224
<INTEREST-INCOME>                               34,548
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,530,695
<NET-INVESTMENT-INCOME>                    (1,235,923)
<REALIZED-GAINS-CURRENT>                       636,293
<APPREC-INCREASE-CURRENT>                  (9,078,432)
<NET-CHANGE-FROM-OPS>                        9,678,062
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        221,281
<NUMBER-OF-SHARES-REDEEMED>                (1,189,604)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                    (41,962,360)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  46,033,924
<GROSS-ADVISORY-FEES>                          581,887
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,543,476
<AVERAGE-NET-ASSETS>                       155,169,867
<PER-SHARE-NAV-BEGIN>                            11.58
<PER-SHARE-NII>                                 (0.12)
<PER-SHARE-GAIN-APPREC>                         (0.64)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.82
<EXPENSE-RATIO>                                   2.34
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 044
   <NAME> STATE STREET RESEARCH GLOBAL RESOURCES FUND CLASS C

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      183,529,555
<INVESTMENTS-AT-VALUE>                     122,140,091
<RECEIVABLES>                                1,681,767
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             123,821,858
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    5,739,850
<TOTAL-LIABILITIES>                          5,739,850
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   224,869,103
<SHARES-COMMON-STOCK>                        1,745,482
<SHARES-COMMON-PRIOR>                        2,212,208
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                  (45,397,631)
<ACCUM-APPREC-OR-DEPREC>                  (61,389,464)
<NET-ASSETS>                               118,082,008
<DIVIDEND-INCOME>                              260,224
<INTEREST-INCOME>                               34,548
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,530,695
<NET-INVESTMENT-INCOME>                    (1,235,923)
<REALIZED-GAINS-CURRENT>                       636,293
<APPREC-INCREASE-CURRENT>                  (9,078,432)
<NET-CHANGE-FROM-OPS>                        9,678,062
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        152,313
<NUMBER-OF-SHARES-REDEEMED>                  (619,038)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                    (41,962,360)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  46,033,924
<GROSS-ADVISORY-FEES>                          581,887
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,543,476
<AVERAGE-NET-ASSETS>                       155,169,867
<PER-SHARE-NAV-BEGIN>                            11.54
<PER-SHARE-NII>                                 (0.12)
<PER-SHARE-GAIN-APPREC>                         (0.62)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.80
<EXPENSE-RATIO>                                   2.34
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 044
   <NAME> STATE STREET RESEARCH GLOBAL RESOURCES FUND CLASS C

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      183,529,555
<INVESTMENTS-AT-VALUE>                     122,140,091
<RECEIVABLES>                                1,681,767
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             123,821,858
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    5,739,850
<TOTAL-LIABILITIES>                          5,739,850
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   224,869,103
<SHARES-COMMON-STOCK>                        1,745,482
<SHARES-COMMON-PRIOR>                        2,212,208
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                  (45,397,631)
<ACCUM-APPREC-OR-DEPREC>                  (61,389,464)
<NET-ASSETS>                               118,082,008
<DIVIDEND-INCOME>                              260,224
<INTEREST-INCOME>                               34,548
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,530,695
<NET-INVESTMENT-INCOME>                    (1,235,923)
<REALIZED-GAINS-CURRENT>                       636,293
<APPREC-INCREASE-CURRENT>                  (9,078,432)
<NET-CHANGE-FROM-OPS>                        9,678,062
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        152,313
<NUMBER-OF-SHARES-REDEEMED>                  (619,039)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                    (41,962,360)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  46,033,924
<GROSS-ADVISORY-FEES>                          581,887
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,543,476
<AVERAGE-NET-ASSETS>                       155,169,867
<PER-SHARE-NAV-BEGIN>                            11.54
<PER-SHARE-NII>                                 (0.12)
<PER-SHARE-GAIN-APPREC>                         (0.62)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.80
<EXPENSE-RATIO>                                   2.34
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 045
   <NAME> STATE STREET RESEARCH GLOBAL RESOURCES FUND CLASS B1

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                      183,529,555
<INVESTMENTS-AT-VALUE>                     122,140,091
<RECEIVABLES>                                1,681,767
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             123,821,858
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    5,739,850
<TOTAL-LIABILITIES>                          5,739,850
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   224,869,103
<SHARES-COMMON-STOCK>                          526,703
<SHARES-COMMON-PRIOR>                          437,168
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                  (45,397,631)
<ACCUM-APPREC-OR-DEPREC>                  (61,389,464)
<NET-ASSETS>                               118,082,008
<DIVIDEND-INCOME>                              260,224
<INTEREST-INCOME>                               34,548
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,530,695
<NET-INVESTMENT-INCOME>                    (1,235,923)
<REALIZED-GAINS-CURRENT>                       636,293
<APPREC-INCREASE-CURRENT>                  (9,078,432)
<NET-CHANGE-FROM-OPS>                        9,678,062
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        184,322
<NUMBER-OF-SHARES-REDEEMED>                   (94,787)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                    (41,962,360)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  46,033,924
<GROSS-ADVISORY-FEES>                          581,887
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,543,476
<AVERAGE-NET-ASSETS>                       155,169,867
<PER-SHARE-NAV-BEGIN>                            11.56
<PER-SHARE-NII>                                 (0.12)
<PER-SHARE-GAIN-APPREC>                         (0.63)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.81
<EXPENSE-RATIO>                                   2.34
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 051
   <NAME> STATE STREET RESEARCH ATHLETES FUND CLASS A

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                       16,506,204
<INVESTMENTS-AT-VALUE>                      24,779,029
<RECEIVABLES>                                  407,840
<ASSETS-OTHER>                                 119,076
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              25,305,945
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      176,105
<TOTAL-LIABILITIES>                            176,105
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    17,002,081
<SHARES-COMMON-STOCK>                          260,366
<SHARES-COMMON-PRIOR>                          251,578
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                     (145,066)
<ACCUM-APPREC-OR-DEPREC>                     8,272,825
<NET-ASSETS>                                25,129,840
<DIVIDEND-INCOME>                               57,034
<INTEREST-INCOME>                               16,383
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 115,511
<NET-INVESTMENT-INCOME>                       (42,094)
<REALIZED-GAINS-CURRENT>                      (77,085)
<APPREC-INCREASE-CURRENT>                    4,261,744
<NET-CHANGE-FROM-OPS>                        4,142,565
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         10,188
<NUMBER-OF-SHARES-REDEEMED>                    (1,400)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       6,348,835
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      67,981
<GROSS-ADVISORY-FEES>                           65,677
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                218,279
<AVERAGE-NET-ASSETS>                        20,208,308
<PER-SHARE-NAV-BEGIN>                             9.29
<PER-SHARE-NII>                                 (0.03)
<PER-SHARE-GAIN-APPREC>                           1.96
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.22
<EXPENSE-RATIO>                                   1.25
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 052
   <NAME> STATE STREET RESEARCH ATHLETES FUND CLASS B

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                       16,506,204
<INVESTMENTS-AT-VALUE>                      24,779,029
<RECEIVABLES>                                  407,840
<ASSETS-OTHER>                                 119,076
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              25,305,945
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      176,105
<TOTAL-LIABILITIES>                            176,105
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    17,002,081
<SHARES-COMMON-STOCK>                           89,539
<SHARES-COMMON-PRIOR>                           86,365
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                     (145,066)
<ACCUM-APPREC-OR-DEPREC>                     8,272,825
<NET-ASSETS>                                25,129,840
<DIVIDEND-INCOME>                               57,034
<INTEREST-INCOME>                               16,383
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 115,511
<NET-INVESTMENT-INCOME>                       (42,094)
<REALIZED-GAINS-CURRENT>                      (77,085)
<APPREC-INCREASE-CURRENT>                    4,261,744
<NET-CHANGE-FROM-OPS>                        4,142,565
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          5,514
<NUMBER-OF-SHARES-REDEEMED>                    (2,340)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       6,348,835
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      67,981
<GROSS-ADVISORY-FEES>                           65,677
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                218,279
<AVERAGE-NET-ASSETS>                        20,208,308
<PER-SHARE-NAV-BEGIN>                             9.20
<PER-SHARE-NII>                                 (0.06)
<PER-SHARE-GAIN-APPREC>                           1.94
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.08
<EXPENSE-RATIO>                                   2.00
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 053
   <NAME> STATE STREET RESEARCH ATHLETES FUND CLASS S

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                       16,506,204
<INVESTMENTS-AT-VALUE>                      24,779,029
<RECEIVABLES>                                  407,840
<ASSETS-OTHER>                                 119,076
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              25,305,945
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      176,105
<TOTAL-LIABILITIES>                            176,105
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    17,002,081
<SHARES-COMMON-STOCK>                        1,729,993
<SHARES-COMMON-PRIOR>                        1,540,011
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                     (145,066)
<ACCUM-APPREC-OR-DEPREC>                     8,272,825
<NET-ASSETS>                                25,129,840
<DIVIDEND-INCOME>                               57,034
<INTEREST-INCOME>                               16,383
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 115,511
<NET-INVESTMENT-INCOME>                       (42,094)
<REALIZED-GAINS-CURRENT>                      (77,085)
<APPREC-INCREASE-CURRENT>                    4,261,744
<NET-CHANGE-FROM-OPS>                        4,142,565
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        270,367
<NUMBER-OF-SHARES-REDEEMED>                   (80,385)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       6,348,835
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      67,981
<GROSS-ADVISORY-FEES>                           65,677
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                218,279
<AVERAGE-NET-ASSETS>                        20,208,308
<PER-SHARE-NAV-BEGIN>                             9.31
<PER-SHARE-NII>                                 (0.01)
<PER-SHARE-GAIN-APPREC>                           1.96
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.26
<EXPENSE-RATIO>                                   1.00
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 054
   <NAME> STATE STREET RESEARCH ATHLETES FUND CLASS C

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                       16,506,204
<INVESTMENTS-AT-VALUE>                      24,779,029
<RECEIVABLES>                                  407,840
<ASSETS-OTHER>                                 119,076
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              25,305,945
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      176,105
<TOTAL-LIABILITIES>                            176,105
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    17,002,081
<SHARES-COMMON-STOCK>                           73,058
<SHARES-COMMON-PRIOR>                           73,058
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                     (145,066)
<ACCUM-APPREC-OR-DEPREC>                     8,272,825
<NET-ASSETS>                                25,129,840
<DIVIDEND-INCOME>                               57,034
<INTEREST-INCOME>                               16,383
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 115,511
<NET-INVESTMENT-INCOME>                       (42,094)
<REALIZED-GAINS-CURRENT>                      (77,085)
<APPREC-INCREASE-CURRENT>                    4,261,744
<NET-CHANGE-FROM-OPS>                        4,142,565
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       6,348,835
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      67,981
<GROSS-ADVISORY-FEES>                           65,677
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                218,279
<AVERAGE-NET-ASSETS>                        20,208,308
<PER-SHARE-NAV-BEGIN>                             9.21
<PER-SHARE-NII>                                 (0.06)
<PER-SHARE-GAIN-APPREC>                           1.93
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.08
<EXPENSE-RATIO>                                   2.00
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000790941
<NAME> STATE STREET RESEARCH EQUITY TRUST
<SERIES>
   <NUMBER> 055
   <NAME> STATE STREET RESEARCH ATHLETES FUND CLASS B1

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUN-30-2000
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                       16,506,204
<INVESTMENTS-AT-VALUE>                      24,779,029
<RECEIVABLES>                                  407,840
<ASSETS-OTHER>                                 119,076
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              25,305,945
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      176,105
<TOTAL-LIABILITIES>                            176,105
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    17,002,081
<SHARES-COMMON-STOCK>                           83,884
<SHARES-COMMON-PRIOR>                           68,939
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                     (145,066)
<ACCUM-APPREC-OR-DEPREC>                     8,272,825
<NET-ASSETS>                                25,129,840
<DIVIDEND-INCOME>                               57,034
<INTEREST-INCOME>                               16,383
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 115,511
<NET-INVESTMENT-INCOME>                       (42,094)
<REALIZED-GAINS-CURRENT>                      (77,085)
<APPREC-INCREASE-CURRENT>                    4,261,744
<NET-CHANGE-FROM-OPS>                        4,142,565
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         14,976
<NUMBER-OF-SHARES-REDEEMED>                       (31)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       6,348,835
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      67,981
<GROSS-ADVISORY-FEES>                           65,677
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                218,279
<AVERAGE-NET-ASSETS>                        20,208,308
<PER-SHARE-NAV-BEGIN>                             9.20
<PER-SHARE-NII>                                 (0.06)
<PER-SHARE-GAIN-APPREC>                           1.93
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.07
<EXPENSE-RATIO>                                   2.00
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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