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020 A000007 MERRILL LYNCH, PIERCE, FENNER & SMITH
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SIGNATURE IRVING DAVID
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000797480
[NAME] NATURAL RESOURCES A
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] OCT-31-1997
[PERIOD-END] OCT-31-1997
[INVESTMENTS-AT-COST] 112,802,692
[INVESTMENTS-AT-VALUE] 118,360,803
[RECEIVABLES] 1,624,545
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 246,145
[TOTAL-ASSETS] 127,740,493
[PAYABLE-FOR-SECURITIES] 361,978
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 8,678,232
[TOTAL-LIABILITIES] 9,040,210
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 56,792,027
[SHARES-COMMON-STOCK] 1,958,283
[SHARES-COMMON-PRIOR] 2,201,056
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 329,174
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 1,543,834
[ACCUM-APPREC-OR-DEPREC] 5,525,267
[NET-ASSETS] 118,700,283
[DIVIDEND-INCOME] 1,200,014
[INTEREST-INCOME] 392,909
[OTHER-INCOME] 0
[EXPENSES-NET] 2,562,728
[NET-INVESTMENT-INCOME] (969,805)
[REALIZED-GAINS-CURRENT] 11,756,075
[APPREC-INCREASE-CURRENT] (7,149,300)
[NET-CHANGE-FROM-OPS] 3,636,970
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 783,335
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 12,511,559
[NUMBER-OF-SHARES-REDEEMED] 12,787,207
[SHARES-REINVESTED] 32,875
[NET-CHANGE-IN-ASSETS] (13,391,230)
[ACCUMULATED-NII-PRIOR] 969,082
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 12,330,425
[GROSS-ADVISORY-FEES] 74,634
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,562,728
[AVERAGE-NET-ASSETS] 52,539,722
[PER-SHARE-NAV-BEGIN] 22.95
[PER-SHARE-NII] (0.12)
[PER-SHARE-GAIN-APPREC] 0.73
[PER-SHARE-DIVIDEND] 0.33
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 23.23
[EXPENSE-RATIO] 1.51
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000797480
[NAME] NATURAL RESOURCES B
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] OCT-31-1997
[PERIOD-END] OCT-31-1997
[INVESTMENTS-AT-COST] 112,802,692
[INVESTMENTS-AT-VALUE] 118,360,803
[RECEIVABLES] 1,624,545
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 246,145
[TOTAL-ASSETS] 127,740,493
[PAYABLE-FOR-SECURITIES] 361,978
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 8,678,232
[TOTAL-LIABILITIES] 9,040,210
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 52,616,787
[SHARES-COMMON-STOCK] 2,956,616
[SHARES-COMMON-PRIOR] 3,314,188
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 329,174
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 1,543,834
[ACCUM-APPREC-OR-DEPREC] 5,525,267
[NET-ASSETS] 118,700,283
[DIVIDEND-INCOME] 1,200,014
[INTEREST-INCOME] 392,909
[OTHER-INCOME] 0
[EXPENSES-NET] 2,562,728
[NET-INVESTMENT-INCOME] (969,805)
[REALIZED-GAINS-CURRENT] 11,756,075
[APPREC-INCREASE-CURRENT] (7,149,300)
[NET-CHANGE-FROM-OPS] 3,636,970
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 537,301
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 2,489,353
[NUMBER-OF-SHARES-REDEEMED] 2,869,859
[SHARES-REINVESTED] 22,934
[NET-CHANGE-IN-ASSETS] (13,391,230)
[ACCUMULATED-NII-PRIOR] 969,082
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 12,330,425
[GROSS-ADVISORY-FEES] 74,634
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,562,728
[AVERAGE-NET-ASSETS] 74,990,081
[PER-SHARE-NAV-BEGIN] 22.32
[PER-SHARE-NII] (0.27)
[PER-SHARE-GAIN-APPREC] 0.70
[PER-SHARE-DIVIDEND] 0.15
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 22.6
[EXPENSE-RATIO] 2.18
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000797480
[NAME] NATURAL RESOURCES C
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] OCT-31-1997
[PERIOD-END] OCT-31-1997
[INVESTMENTS-AT-COST] 112,802,692
[INVESTMENTS-AT-VALUE] 118,360,803
[RECEIVABLES] 1,624,545
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 246,145
[TOTAL-ASSETS] 127,740,493
[PAYABLE-FOR-SECURITIES] 361,978
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 8,678,232
[TOTAL-LIABILITIES] 9,040,210
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 5,639,210
[SHARES-COMMON-STOCK] 282,628
[SHARES-COMMON-PRIOR] 340,531
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 329,174
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 1,543,834
[ACCUM-APPREC-OR-DEPREC] 5,525,267
[NET-ASSETS] 118,700,283
[DIVIDEND-INCOME] 1,200,014
[INTEREST-INCOME] 392,909
[OTHER-INCOME] 0
[EXPENSES-NET] 2,562,728
[NET-INVESTMENT-INCOME] (969,805)
[REALIZED-GAINS-CURRENT] 11,756,075
[APPREC-INCREASE-CURRENT] (7,149,300)
[NET-CHANGE-FROM-OPS] 3,636,970
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 56,602
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 230,260
[NUMBER-OF-SHARES-REDEEMED] 290,629
[SHARES-REINVESTED] 2,466
[NET-CHANGE-IN-ASSETS] (13,391,230)
[ACCUMULATED-NII-PRIOR] 969,082
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 12,330,425
[GROSS-ADVISORY-FEES] 74,634
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,562,728
[AVERAGE-NET-ASSETS] 7,589,196
[PER-SHARE-NAV-BEGIN] 22.32
[PER-SHARE-NII] (0.23)
[PER-SHARE-GAIN-APPREC] 0.68
[PER-SHARE-DIVIDEND] 0.15
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 22.62
[EXPENSE-RATIO] 2.12
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
