STATE STREET RESEARCH FINANCIAL TRUST
NSAR-A, 1999-12-29
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<PAGE>      PAGE  1
000 A000000 10/31/99
000 C000000 0000806390
000 D000000 N
000 E000000 F
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 STATE STREET RESEARCH FINANCIAL TRUST
001 B000000 811-4911
001 C000000 6173571200
002 A000000 ONE FINANCIAL CENTER
002 B000000 BOSTON
002 C000000 MA
002 D010000 02111
002 D020000 2690
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  4
007 C010100  1
007 C020100 STATE STREET RESEARCH GOVERNMENT INCOME FUND
007 C030100 N
007 C010200  2
007 C010300  3
007 C020300 STATE STREET RESEARCH STRATEGIC PORT: AGGRESS
007 C030300 N
007 C010400  4
007 C020400 STATE STREET RESEARCH STRAT INCOME PLUS FUND
007 C030400 N
007 C010500  5
007 C010600  6
007 C020600 STATE STREET RESEARCH INT'L EQUITY FUND
007 C030600 N
007 C010700  7
007 C010800  8
007 C010900  9
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 8-2646868
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 METROP0LITAN LIFE INSURANCE COMPANY
014 B00AA02 8-14901
015 A00AA01 STATE STREET BANK & TRUST CO.
015 B00AA01 C
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015 A00AA03 BANQUE PARIBUS
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015 D01AA03 FRANCE
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015 A00AA04 MORGAN GUARANTY TRUST CO.
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<PAGE>      PAGE  3
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015 E04AA06 X
015 A00AA07 UNION BANK OF SWITZERLAND
015 B00AA07 S
015 C01AA07 ZURICH
015 D01AA07 SWITZERLAND
015 D02AA07 8021
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015 A00AA08 CANADA TRUST COMPANY
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015 A00AA12 WESTPAC CUSTODIAN NOMINEES LTD.
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015 A00AA13 CITIBANK
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<PAGE>      PAGE  4
019 A00AA00 Y
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019 C00AA00 STATESTRES
020 A000001 MORGAN STANLEY & CO. INC
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020 C000001     65
020 A000002 MERRILL LYNCH, PIERCE, FENNER  SMITH, INC.
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020 A000003 GOLDMAN SACHS & CO.
020 B000003 13-5108880
020 C000003     28
020 A000004 J.P. MORGAN SECURITIES, INC.
020 B000004 13-3224016
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020 A000005 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP
020 B000005 13-2741729
020 C000005     15
020 A000006 ABEL NOSER CORP.
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020 C000006     14
020 A000007 ENSKILDA SECURITIES
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020 C000007      8
020 A000008 DB CLARING SERVICES
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020 A000010 SALOMON SMITH BARNEY
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<PAGE>      PAGE  5
022 C000005       894
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<PAGE>      PAGE  6
027  000000 Y
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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 R030300        0
074 R040300     9742
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074 T000300    57727
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074 X000300        6
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075 A000300        0
075 B000300    59027
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028 A010400       101
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028 B030400         0
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<PAGE>      PAGE  19
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028 G040400      5006
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030 B000400  5.75
030 C000400  0.00
031 A000400      0
031 B000400      0
032  000400      0
033  000400      0
034  000400 N
035  000400      0
036 B000400      0
037  000400 N
038  000400      0
039  000400 N
040  000400 Y
041  000400 Y
042 A000400   0
042 B000400   0
042 C000400   0
042 D000400 100
042 E000400   0
042 F000400   0
042 G000400   0
042 H000400   0
043  000400      1
044  000400      0
045  000400 Y
046  000400 N
047  000400 Y
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048 A020400 0.000
048 B010400        0
048 B020400 0.000
<PAGE>      PAGE  20
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048 C020400 0.000
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048 D020400 0.000
048 E010400        0
048 E020400 0.000
048 F010400        0
048 F020400 0.000
048 G010400        0
048 G020400 0.000
048 H010400        0
048 H020400 0.000
048 I010400        0
048 I020400 0.000
048 J010400        0
048 J020400 0.000
048 K010400        0
048 K020400 0.000
058 A000400 N
059  000400 Y
060 A000400 Y
060 B000400 Y
061  000400     2500
062 A000400 Y
062 B000400   0.0
062 C000400   0.0
062 D000400   0.0
062 E000400   0.0
062 F000400   0.0
062 G000400   0.0
062 H000400   0.0
062 I000400   0.0
062 J000400   0.0
062 K000400   0.0
062 L000400   0.0
062 M000400   6.1
062 N000400  28.3
062 O000400   0.0
062 P000400  10.0
062 Q000400  30.1
062 R000400  25.5
063 A000400   0
063 B000400  9.2
064 A000400 N
064 B000400 N
066 A000400 Y
066 B000400 N
066 C000400 N
066 D000400 N
066 E000400 N
066 F000400 N
<PAGE>      PAGE  21
066 G000400 Y
067  000400 Y
068 A000400 N
068 B000400 N
069  000400 N
071 A000400     73348
071 B000400     74507
071 C000400     34846
071 D000400  210
072 A000400 12
072 B000400     1673
072 C000400      116
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072 E000400        0
072 F000400      216
072 G000400        0
072 H000400        0
072 I000400       50
072 J000400      102
072 K000400        0
072 L000400        0
072 M000400       19
072 N000400       15
072 O000400        0
072 P000400        0
072 Q000400        0
072 R000400       26
072 S000400       13
072 T000400        1
072 U000400        4
072 V000400        0
072 W000400       11
072 X000400      457
072 Y000400      132
072 Z000400     1464
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072BB000400      143
072CC010400        0
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072DD010400     1449
072DD020400        0
072EE000400     2274
073 A010400   0.4300
073 A020400   0.1000
073 B000400   0.6900
073 C000400   0.0000
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074 B000400        0
074 C000400     4402
074 D000400    25024
074 E000400        0
<PAGE>      PAGE  22
074 F000400     8480
074 G000400        0
074 H000400        0
074 I000400     2715
074 J000400     1967
074 K000400        3
074 L000400      302
074 M000400       25
074 N000400    42965
074 O000400     6070
074 P000400       57
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400     3550
074 S000400        0
074 T000400    33288
074 U010400     3292
074 U020400        0
074 V010400    10.11
074 V020400    10.10
074 W000400   0.0000
074 X000400       21
074 Y000400        0
075 A000400        0
075 B000400    35970
076  000400     0.00
029  000500 Y
030 A000500      0
030 B000500  5.75
030 C000500  0.00
031 A000500      0
031 B000500      0
032  000500      0
033  000500      0
034  000500 Y
035  000500      0
036 A000500 N
036 B000500      0
037  000500 N
038  000500      0
039  000500 N
040  000500 Y
041  000500 Y
042 A000500   0
042 B000500   0
042 C000500   0
042 D000500   0
042 E000500  49
042 F000500   0
<PAGE>      PAGE  23
042 G000500  51
042 H000500   0
043  000500      8
044  000500     16
066 A000500 Y
066 B000500 N
066 C000500 Y
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
067  000500 N
068 A000500 N
068 B000500 N
069  000500 N
071 A000500      2385
071 B000500      2245
071 C000500      5030
071 D000500   45
072 A000500  6
072 B000500        2
072 C000500       77
072 D000500        0
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072 F000500       21
072 G000500        0
072 H000500        0
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072 J000500       71
072 K000500        0
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072 M000500       10
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072 O000500        0
072 P000500        0
072 Q000500        0
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072CC020500        0
072DD010500       24
072DD020500        0
<PAGE>      PAGE  24
072EE000500        0
073 A010500   0.0500
073 A020500   0.0300
073 B000500   0.0000
073 C000500   0.0000
074 A000500       77
074 B000500        0
074 C000500        0
074 D000500        0
074 E000500        0
074 F000500     5194
074 G000500        0
074 H000500        0
074 I000500        0
074 J000500        0
074 K000500       56
074 L000500        8
074 M000500        0
074 N000500     5335
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074 Q000500        0
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074 R030500        0
074 R040500       73
074 S000500        0
074 T000500     5197
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074 V010500     9.74
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074 Y000500        0
075 A000500        0
075 B000500     5260
076  000500     0.00
028 A010600     14867
028 A020600         0
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028 A040600     11883
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<PAGE>      PAGE  25
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034  000600 Y
035  000600     29
036 A000600 N
036 B000600      0
037  000600 N
038  000600      0
039  000600 N
040  000600 Y
041  000600 Y
042 A000600   1
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045  000600 Y
046  000600 N
047  000600 Y
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<PAGE>      PAGE  26
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048 I020600 0.000
048 J010600        0
048 J020600 0.000
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048 K020600 0.000
055 A000600 N
055 B000600 N
056  000600 Y
057  000600 N
058 A000600 N
059  000600 Y
060 A000600 Y
060 B000600 Y
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062 F000600   0.0
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062 H000600   0.0
062 I000600   0.0
062 J000600   0.0
062 K000600   0.0
062 L000600   0.0
062 M000600   0.0
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062 O000600   0.0
062 P000600   0.0
062 Q000600   0.0
062 R000600   0.0
063 A000600   0
063 B000600  0.0
066 A000600 Y
066 B000600 N
066 C000600 N
066 D000600 Y
<PAGE>      PAGE  27
066 E000600 N
066 F000600 N
066 G000600 N
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068 B000600 Y
069  000600 N
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072 C000600      633
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073 A010600   0.2300
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074 B000600        0
074 C000600     4427
<PAGE>      PAGE  28
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074 M000600       23
074 N000600    63149
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074 P000600      172
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074 R040600     2078
074 S000600        0
074 T000600    60899
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074 U020600        0
074 V010600    13.03
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074 W000600   0.0000
074 X000600     7963
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075 A000600        0
075 B000600    53379
076  000600     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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 011
   <NAME> STATE STREET RESEARCH GOVERNMENT INCOME FUND CLASS A

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                      764,032,939
<INVESTMENTS-AT-VALUE>                     746,510,059
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<OTHER-ITEMS-ASSETS>                                 0
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<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,056,247
<TOTAL-LIABILITIES>                        154,172,453
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   697,594,436
<SHARES-COMMON-STOCK>                       39,365,531
<SHARES-COMMON-PRIOR>                       39,669,554
<ACCUMULATED-NII-CURRENT>                    2,234,804
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                    26,721,650
<ACCUM-APPREC-OR-DEPREC>                  (17,121,037)
<NET-ASSETS>                               655,986,553
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           47,447,813
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               8,318,543
<NET-INVESTMENT-INCOME>                     39,129,270
<REALIZED-GAINS-CURRENT>                   (5,885,622)
<APPREC-INCREASE-CURRENT>                 (40,964,747)
<NET-CHANGE-FROM-OPS>                      (7,721,099)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (30,163,284)
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<NUMBER-OF-SHARES-REDEEMED>               (20,253,359)
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<NET-CHANGE-IN-ASSETS>                    (51,768,113)
<ACCUMULATED-NII-PRIOR>                      3,653,715
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              8,344,956
<AVERAGE-NET-ASSETS>                       690,138,052
<PER-SHARE-NAV-BEGIN>                            13.07
<PER-SHARE-NII>                                   0.74
<PER-SHARE-GAIN-APPREC>                         (0.85)
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.21
<EXPENSE-RATIO>                                   1.05
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 012
   <NAME> STATE STREET RESEARCH GOVERNMENT INCOME FUND CLASS B

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                      764,032,939
<INVESTMENTS-AT-VALUE>                     746,510,059
<RECEIVABLES>                               63,573,384
<ASSETS-OTHER>                                  75,563
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             810,159,006
<PAYABLE-FOR-SECURITIES>                   150,116,206
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,056,247
<TOTAL-LIABILITIES>                        154,172,453
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   697,594,436
<SHARES-COMMON-STOCK>                        8,784,645
<SHARES-COMMON-PRIOR>                        9,973,242
<ACCUMULATED-NII-CURRENT>                    2,234,804
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                    26,721,650
<ACCUM-APPREC-OR-DEPREC>                  (17,121,037)
<NET-ASSETS>                               655,986,553
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           47,447,813
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               8,318,543
<NET-INVESTMENT-INCOME>                     39,129,270
<REALIZED-GAINS-CURRENT>                   (5,885,622)
<APPREC-INCREASE-CURRENT>                 (40,964,747)
<NET-CHANGE-FROM-OPS>                      (7,721,099)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (6,293,781)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,837,925
<NUMBER-OF-SHARES-REDEEMED>                (3,382,645)
<SHARES-REINVESTED>                            356,123
<NET-CHANGE-IN-ASSETS>                    (51,768,113)
<ACCUMULATED-NII-PRIOR>                      3,653,715
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  21,548,506
<GROSS-ADVISORY-FEES>                        4,029,916
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              8,344,956
<AVERAGE-NET-ASSETS>                       690,138,052
<PER-SHARE-NAV-BEGIN>                            13.03
<PER-SHARE-NII>                                   0.64
<PER-SHARE-GAIN-APPREC>                         (0.84)
<PER-SHARE-DIVIDEND>                            (0.66)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.17
<EXPENSE-RATIO>                                   1.80
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 013
   <NAME> STATE STREET RESEARCH GOVERNMENT INCOME FUND CLASS S

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                      764,032,939
<INVESTMENTS-AT-VALUE>                     746,510,059
<RECEIVABLES>                               63,573,384
<ASSETS-OTHER>                                  75,563
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             810,159,006
<PAYABLE-FOR-SECURITIES>                   150,116,206
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,056,247
<TOTAL-LIABILITIES>                        154,172,453
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   697,594,436
<SHARES-COMMON-STOCK>                        1,506,582
<SHARES-COMMON-PRIOR>                        2,409,057
<ACCUMULATED-NII-CURRENT>                    2,234,804
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                    26,721,650
<ACCUM-APPREC-OR-DEPREC>                  (17,121,037)
<NET-ASSETS>                               655,986,553
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           47,447,813
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               8,318,543
<NET-INVESTMENT-INCOME>                     39,129,270
<REALIZED-GAINS-CURRENT>                   (5,885,622)
<APPREC-INCREASE-CURRENT>                 (40,964,747)
<NET-CHANGE-FROM-OPS>                      (7,721,099)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,279,031)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        691,706
<NUMBER-OF-SHARES-REDEEMED>                (1,662,738)
<SHARES-REINVESTED>                             68,557
<NET-CHANGE-IN-ASSETS>                    (51,768,113)
<ACCUMULATED-NII-PRIOR>                      3,653,715
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  21,548,506
<GROSS-ADVISORY-FEES>                        4,029,916
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              8,344,956
<AVERAGE-NET-ASSETS>                       690,138,052
<PER-SHARE-NAV-BEGIN>                            13.06
<PER-SHARE-NII>                                   0.75
<PER-SHARE-GAIN-APPREC>                         (0.83)
<PER-SHARE-DIVIDEND>                            (0.78)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.20
<EXPENSE-RATIO>                                   0.80
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 014
   <NAME> STATE STREET RESEARCH GOVERNMENT INCOME FUND CLASS C

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                      764,032,939
<INVESTMENTS-AT-VALUE>                     746,510,059
<RECEIVABLES>                               63,573,384
<ASSETS-OTHER>                                  75,563
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             810,159,006
<PAYABLE-FOR-SECURITIES>                   150,116,206
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,056,247
<TOTAL-LIABILITIES>                        154,172,453
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   697,594,436
<SHARES-COMMON-STOCK>                        2,120,471
<SHARES-COMMON-PRIOR>                        2,121,167
<ACCUMULATED-NII-CURRENT>                    2,234,804
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                    26,721,650
<ACCUM-APPREC-OR-DEPREC>                  (17,121,037)
<NET-ASSETS>                               655,986,553
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           47,447,813
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               8,318,543
<NET-INVESTMENT-INCOME>                     39,129,270
<REALIZED-GAINS-CURRENT>                   (5,885,622)
<APPREC-INCREASE-CURRENT>                 (40,964,747)
<NET-CHANGE-FROM-OPS>                      (7,721,099)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,534,694)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,426,771
<NUMBER-OF-SHARES-REDEEMED>                (1,508,907)
<SHARES-REINVESTED>                             81,440
<NET-CHANGE-IN-ASSETS>                    (51,768,113)
<ACCUMULATED-NII-PRIOR>                      3,653,715
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  21,548,506
<GROSS-ADVISORY-FEES>                        4,029,916
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              8,344,956
<AVERAGE-NET-ASSETS>                       690,138,052
<PER-SHARE-NAV-BEGIN>                            13.04
<PER-SHARE-NII>                                   0.64
<PER-SHARE-GAIN-APPREC>                         (0.84)
<PER-SHARE-DIVIDEND>                            (0.66)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.18
<EXPENSE-RATIO>                                   1.80
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 015
   <NAME> STATE STREET RESEARCH GOVERNMENT INCOME FUND CLASS B1

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                      764,032,939
<INVESTMENTS-AT-VALUE>                     746,510,059
<RECEIVABLES>                               63,573,384
<ASSETS-OTHER>                                  75,563
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             810,159,006
<PAYABLE-FOR-SECURITIES>                   150,116,206
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,056,247
<TOTAL-LIABILITIES>                        154,172,453
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   697,594,436
<SHARES-COMMON-STOCK>                        1,998,104
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                    2,234,804
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                    26,721,650
<ACCUM-APPREC-OR-DEPREC>                  (17,121,037)
<NET-ASSETS>                               655,986,553
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           47,447,813
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               8,318,543
<NET-INVESTMENT-INCOME>                     39,129,270
<REALIZED-GAINS-CURRENT>                   (5,885,622)
<APPREC-INCREASE-CURRENT>                 (40,964,747)
<NET-CHANGE-FROM-OPS>                      (7,721,099)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (584,095)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      2,235,815
<NUMBER-OF-SHARES-REDEEMED>                  (278,249)
<SHARES-REINVESTED>                             40,538
<NET-CHANGE-IN-ASSETS>                    (51,768,113)
<ACCUMULATED-NII-PRIOR>                      3,653,715
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                  21,548,506
<GROSS-ADVISORY-FEES>                        4,029,916
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              8,344,956
<AVERAGE-NET-ASSETS>                       690,138,052
<PER-SHARE-NAV-BEGIN>                            12.97
<PER-SHARE-NII>                                   0.52
<PER-SHARE-GAIN-APPREC>                         (0.82)
<PER-SHARE-DIVIDEND>                            (0.53)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.14
<EXPENSE-RATIO>                                   1.80
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 033
   <NAME> STATE STREET RESEARCH STRATEGIC PORT: AGGRESSIVE CLASS S

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                       60,976,377
<INVESTMENTS-AT-VALUE>                      68,540,295
<RECEIVABLES>                                1,981,841
<ASSETS-OTHER>                                  81,575
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              70,603,711
<PAYABLE-FOR-SECURITIES>                     3,051,498
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    9,825,063
<TOTAL-LIABILITIES>                         12,876,561
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    48,447,110
<SHARES-COMMON-STOCK>                        5,215,290
<SHARES-COMMON-PRIOR>                        4,879,679
<ACCUMULATED-NII-CURRENT>                      564,286
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      1,288,284
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     7,427,470
<NET-ASSETS>                                57,757,150
<DIVIDEND-INCOME>                              388,012
<INTEREST-INCOME>                            1,337,256
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 652,426
<NET-INVESTMENT-INCOME>                      1,072,842
<REALIZED-GAINS-CURRENT>                     1,105,796
<APPREC-INCREASE-CURRENT>                    5,411,590
<NET-CHANGE-FROM-OPS>                        7,590,228
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (765,775)
<DISTRIBUTIONS-OF-GAINS>                   (8,002,009)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        517,034
<NUMBER-OF-SHARES-REDEEMED>                  (988,554)
<SHARES-REINVESTED>                            807,131
<NET-CHANGE-IN-ASSETS>                       1,879,251
<ACCUMULATED-NII-PRIOR>                        583,345
<ACCUMULATED-GAINS-PRIOR>                    7,856,347
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          442,704
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                779,089
<AVERAGE-NET-ASSETS>                        59,027,200
<PER-SHARE-NAV-BEGIN>                            11.44
<PER-SHARE-NII>                                   0.20
<PER-SHARE-GAIN-APPREC>                           1.25
<PER-SHARE-DIVIDEND>                            (0.15)
<PER-SHARE-DISTRIBUTIONS>                       (1.67)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.07
<EXPENSE-RATIO>                                   1.10
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 041
   <NAME> STATE STREET RESEARCH STRATEGIC INCOME PLUS FUND CLASS A

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                       39,626,351
<INVESTMENTS-AT-VALUE>                      40,621,017
<RECEIVABLES>                                2,272,538
<ASSETS-OTHER>                                  71,101
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              42,964,656
<PAYABLE-FOR-SECURITIES>                     6,070,591
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    3,606,555
<TOTAL-LIABILITIES>                          9,677,146
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    31,969,099
<SHARES-COMMON-STOCK>                           49,422
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                      443,408
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        69,888
<ACCUM-APPREC-OR-DEPREC>                       944,891
<NET-ASSETS>                                33,287,510
<DIVIDEND-INCOME>                              116,396
<INTEREST-INCOME>                            1,672,445
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 325,149
<NET-INVESTMENT-INCOME>                      1,463,692
<REALIZED-GAINS-CURRENT>                     (143,033)
<APPREC-INCREASE-CURRENT>                    (297,120)
<NET-CHANGE-FROM-OPS>                        1,023,539
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (4,941)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         49,422
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (2,948,580)
<ACCUMULATED-NII-PRIOR>                        502,509
<ACCUMULATED-GAINS-PRIOR>                    2,248,412
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          215,818
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                457,273
<AVERAGE-NET-ASSETS>                        35,969,833
<PER-SHARE-NAV-BEGIN>                            10.12
<PER-SHARE-NII>                                   0.04
<PER-SHARE-GAIN-APPREC>                           0.05
<PER-SHARE-DIVIDEND>                            (0.10)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.11
<EXPENSE-RATIO>                                   1.15
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 042
   <NAME> STATE STREET RESEARCH STRATEGIC INCOME PLUS FUND CLASS B

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                       39,626,351
<INVESTMENTS-AT-VALUE>                      40,621,017
<RECEIVABLES>                                2,272,538
<ASSETS-OTHER>                                  71,101
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              42,964,656
<PAYABLE-FOR-SECURITIES>                     6,070,591
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    3,606,555
<TOTAL-LIABILITIES>                          9,677,146
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    31,969,099
<SHARES-COMMON-STOCK>                           49,422
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                      443,408
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        69,888
<ACCUM-APPREC-OR-DEPREC>                       944,891
<NET-ASSETS>                                33,287,510
<DIVIDEND-INCOME>                              116,396
<INTEREST-INCOME>                            1,672,445
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 325,149
<NET-INVESTMENT-INCOME>                      1,463,692
<REALIZED-GAINS-CURRENT>                     (143,033)
<APPREC-INCREASE-CURRENT>                    (297,120)
<NET-CHANGE-FROM-OPS>                        1,023,539
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (4,941)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         49,422
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (2,948,580)
<ACCUMULATED-NII-PRIOR>                        502,509
<ACCUMULATED-GAINS-PRIOR>                    2,248,412
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          215,818
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                457,273
<AVERAGE-NET-ASSETS>                        35,969,833
<PER-SHARE-NAV-BEGIN>                            10.12
<PER-SHARE-NII>                                   0.03
<PER-SHARE-GAIN-APPREC>                           0.05
<PER-SHARE-DIVIDEND>                            (0.10)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.10
<EXPENSE-RATIO>                                   1.90
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 043
   <NAME> STATE STREET RESEARCH STRATEGIC INCOME PLUS FUND CLASS S

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                       39,626,351
<INVESTMENTS-AT-VALUE>                      40,621,017
<RECEIVABLES>                                2,272,538
<ASSETS-OTHER>                                  71,101
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              42,964,656
<PAYABLE-FOR-SECURITIES>                     6,070,591
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    3,606,555
<TOTAL-LIABILITIES>                          9,677,146
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    31,969,099
<SHARES-COMMON-STOCK>                        3,094,682
<SHARES-COMMON-PRIOR>                        3,319,052
<ACCUMULATED-NII-CURRENT>                      443,408
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        69,888
<ACCUM-APPREC-OR-DEPREC>                       944,891
<NET-ASSETS>                                33,287,510
<DIVIDEND-INCOME>                              116,396
<INTEREST-INCOME>                            1,672,445
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 325,149
<NET-INVESTMENT-INCOME>                      1,463,692
<REALIZED-GAINS-CURRENT>                     (143,033)
<APPREC-INCREASE-CURRENT>                    (297,120)
<NET-CHANGE-FROM-OPS>                        1,023,539
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,428,809)
<DISTRIBUTIONS-OF-GAINS>                   (2,273,855)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        203,903
<NUMBER-OF-SHARES-REDEEMED>                  (672,928)
<SHARES-REINVESTED>                            244,655
<NET-CHANGE-IN-ASSETS>                     (2,948,580)
<ACCUMULATED-NII-PRIOR>                        502,509
<ACCUMULATED-GAINS-PRIOR>                    2,248,412
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          215,818
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                457,273
<AVERAGE-NET-ASSETS>                        35,969,833
<PER-SHARE-NAV-BEGIN>                            10.92
<PER-SHARE-NII>                                   0.43
<PER-SHARE-GAIN-APPREC>                         (0.12)
<PER-SHARE-DIVIDEND>                            (0.43)
<PER-SHARE-DISTRIBUTIONS>                       (0.69)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.11
<EXPENSE-RATIO>                                   0.90
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 044
   <NAME> STATE STREET RESEARCH STRATEGIC INCOME PLUS FUND CLASS C

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                       39,626,351
<INVESTMENTS-AT-VALUE>                      40,621,017
<RECEIVABLES>                                2,272,538
<ASSETS-OTHER>                                  71,101
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              42,964,656
<PAYABLE-FOR-SECURITIES>                     6,070,591
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    3,606,555
<TOTAL-LIABILITIES>                          9,677,146
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    31,969,099
<SHARES-COMMON-STOCK>                           49,422
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                      443,408
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        69,888
<ACCUM-APPREC-OR-DEPREC>                       944,891
<NET-ASSETS>                                33,287,510
<DIVIDEND-INCOME>                              116,396
<INTEREST-INCOME>                            1,672,445
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 325,149
<NET-INVESTMENT-INCOME>                      1,463,692
<REALIZED-GAINS-CURRENT>                     (143,033)
<APPREC-INCREASE-CURRENT>                    (297,120)
<NET-CHANGE-FROM-OPS>                        1,023,539
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (4,941)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         49,422
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (2,948,580)
<ACCUMULATED-NII-PRIOR>                        502,509
<ACCUMULATED-GAINS-PRIOR>                    2,248,412
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          215,818
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                457,273
<AVERAGE-NET-ASSETS>                        35,969,833
<PER-SHARE-NAV-BEGIN>                            10.12
<PER-SHARE-NII>                                   0.03
<PER-SHARE-GAIN-APPREC>                           0.05
<PER-SHARE-DIVIDEND>                            (0.10)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.10
<EXPENSE-RATIO>                                   1.90
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 045
   <NAME> STATE STREET RESEARCH STRATEGIC INCOME PLUS FUND CLASS B1

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                       39,626,351
<INVESTMENTS-AT-VALUE>                      40,621,017
<RECEIVABLES>                                2,272,538
<ASSETS-OTHER>                                  71,101
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              42,964,656
<PAYABLE-FOR-SECURITIES>                     6,070,591
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    3,606,555
<TOTAL-LIABILITIES>                          9,677,146
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    31,969,099
<SHARES-COMMON-STOCK>                           49,422
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                      443,408
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                        69,888
<ACCUM-APPREC-OR-DEPREC>                       944,891
<NET-ASSETS>                                33,287,510
<DIVIDEND-INCOME>                              116,396
<INTEREST-INCOME>                            1,672,445
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 325,149
<NET-INVESTMENT-INCOME>                      1,463,692
<REALIZED-GAINS-CURRENT>                     (143,033)
<APPREC-INCREASE-CURRENT>                    (297,120)
<NET-CHANGE-FROM-OPS>                        1,023,539
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (4,941)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         49,422
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     (2,948,580)
<ACCUMULATED-NII-PRIOR>                        502,509
<ACCUMULATED-GAINS-PRIOR>                    2,248,412
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          215,818
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                457,273
<AVERAGE-NET-ASSETS>                        35,969,833
<PER-SHARE-NAV-BEGIN>                            10.12
<PER-SHARE-NII>                                   0.03
<PER-SHARE-GAIN-APPREC>                           0.05
<PER-SHARE-DIVIDEND>                            (0.10)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.10
<EXPENSE-RATIO>                                   1.90
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 061
   <NAME> STATE STREET RESEARCH INTERNATIONAL EQUITY FUND CLASS A
                            <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                       45,152,284
<INVESTMENTS-AT-VALUE>                      62,773,474
<RECEIVABLES>                                  352,986
<ASSETS-OTHER>                                  22,693
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              63,149,153
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    2,250,102
<TOTAL-LIABILITIES>                          2,250,102
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    42,431,879
<SHARES-COMMON-STOCK>                        1,763,392
<SHARES-COMMON-PRIOR>                        1,465,561
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      2,109,470
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    16,357,702
<NET-ASSETS>                                60,899,051
<DIVIDEND-INCOME>                              632,930
<INTEREST-INCOME>                               92,224
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,144,085
<NET-INVESTMENT-INCOME>                      (418,931)
<REALIZED-GAINS-CURRENT>                     4,848,994
<APPREC-INCREASE-CURRENT>                    9,070,789
<NET-CHANGE-FROM-OPS>                       13,500,852
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (292,925)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     12,204,470
<NUMBER-OF-SHARES-REDEEMED>               (11,933,749)
<SHARES-REINVESTED>                             27,110
<NET-CHANGE-IN-ASSETS>                       9,357,005
<ACCUMULATED-NII-PRIOR>                        191,399
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                   2,462,170
<GROSS-ADVISORY-FEES>                          505,018
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,379,470
<AVERAGE-NET-ASSETS>                        53,378,866
<PER-SHARE-NAV-BEGIN>                            10.31
<PER-SHARE-NII>                                 (0.06)
<PER-SHARE-GAIN-APPREC>                           2.81
<PER-SHARE-DIVIDEND>                            (0.21)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.85
<EXPENSE-RATIO>                                   1.92
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 062
   <NAME> STATE STREET RESEARCH INTERNATIONAL EQUITY TRUST CLASS B

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                       45,152,284
<INVESTMENTS-AT-VALUE>                      62,773,474
<RECEIVABLES>                                  352,986
<ASSETS-OTHER>                                  22,693
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              63,149,153
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    2,250,102
<TOTAL-LIABILITIES>                          2,250,102
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    42,431,879
<SHARES-COMMON-STOCK>                        1,599,791
<SHARES-COMMON-PRIOR>                        2,121,411
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      2,109,470
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    16,357,702
<NET-ASSETS>                                60,899,051
<DIVIDEND-INCOME>                              632,930
<INTEREST-INCOME>                               92,224
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,144,085
<NET-INVESTMENT-INCOME>                      (418,931)
<REALIZED-GAINS-CURRENT>                     4,848,994
<APPREC-INCREASE-CURRENT>                    9,070,789
<NET-CHANGE-FROM-OPS>                       13,500,852
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (244,476)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        196,958
<NUMBER-OF-SHARES-REDEEMED>                  (740,587)
<SHARES-REINVESTED>                             22,009
<NET-CHANGE-IN-ASSETS>                       9,357,005
<ACCUMULATED-NII-PRIOR>                        191,399
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                   2,462,170
<GROSS-ADVISORY-FEES>                          505,018
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,379,470
<AVERAGE-NET-ASSETS>                        53,378,866
<PER-SHARE-NAV-BEGIN>                             9.95
<PER-SHARE-NII>                                 (0.14)
<PER-SHARE-GAIN-APPREC>                           2.73
<PER-SHARE-DIVIDEND>                            (0.12)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.42
<EXPENSE-RATIO>                                   2.67
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 063
   <NAME> STATE STREET RESEARCH INTERNATIONAL EQUITY TRUST CLASS S

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                       45,152,284
<INVESTMENTS-AT-VALUE>                      62,773,474
<RECEIVABLES>                                  352,986
<ASSETS-OTHER>                                  22,693
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              63,149,153
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    2,250,102
<TOTAL-LIABILITIES>                          2,250,102
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    42,431,879
<SHARES-COMMON-STOCK>                        1,043,309
<SHARES-COMMON-PRIOR>                        1,303,843
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      2,109,470
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    16,357,702
<NET-ASSETS>                                60,899,051
<DIVIDEND-INCOME>                              632,930
<INTEREST-INCOME>                               92,224
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,144,085
<NET-INVESTMENT-INCOME>                      (418,931)
<REALIZED-GAINS-CURRENT>                     4,848,994
<APPREC-INCREASE-CURRENT>                    9,070,789
<NET-CHANGE-FROM-OPS>                       13,500,852
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (276,150)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        227,729
<NUMBER-OF-SHARES-REDEEMED>                  (513,083)
<SHARES-REINVESTED>                             24,820
<NET-CHANGE-IN-ASSETS>                       9,357,005
<ACCUMULATED-NII-PRIOR>                        191,399
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                   2,462,170
<GROSS-ADVISORY-FEES>                          505,018
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,379,470
<AVERAGE-NET-ASSETS>                        53,378,866
<PER-SHARE-NAV-BEGIN>                            10.44
<PER-SHARE-NII>                                 (0.03)
<PER-SHARE-GAIN-APPREC>                           2.85
<PER-SHARE-DIVIDEND>                            (0.23)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.03
<EXPENSE-RATIO>                                   1.67
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 064
   <NAME> STATE STREET RESEARCH INTERNATIONAL EQUITY TRUST CLASS C

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                       45,152,284
<INVESTMENTS-AT-VALUE>                      62,773,474
<RECEIVABLES>                                  352,986
<ASSETS-OTHER>                                  22,693
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              63,149,153
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    2,250,102
<TOTAL-LIABILITIES>                          2,250,102
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    42,431,879
<SHARES-COMMON-STOCK>                          187,989
<SHARES-COMMON-PRIOR>                          171,462
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      2,109,470
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    16,357,702
<NET-ASSETS>                                60,899,051
<DIVIDEND-INCOME>                              632,930
<INTEREST-INCOME>                               92,224
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,144,085
<NET-INVESTMENT-INCOME>                      (418,931)
<REALIZED-GAINS-CURRENT>                     4,848,994
<APPREC-INCREASE-CURRENT>                    9,070,789
<NET-CHANGE-FROM-OPS>                       13,500,852
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (15,769)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        918,627
<NUMBER-OF-SHARES-REDEEMED>                  (903,008)
<SHARES-REINVESTED>                                908
<NET-CHANGE-IN-ASSETS>                       9,357,005
<ACCUMULATED-NII-PRIOR>                        191,399
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                   2,462,170
<GROSS-ADVISORY-FEES>                          505,018
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,379,470
<AVERAGE-NET-ASSETS>                        53,378,866
<PER-SHARE-NAV-BEGIN>                             9.95
<PER-SHARE-NII>                                 (0.14)
<PER-SHARE-GAIN-APPREC>                           2.73
<PER-SHARE-DIVIDEND>                            (0.10)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.44
<EXPENSE-RATIO>                                   2.67
[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> 0000806390
<NAME> STATE STREET RESEARCH FINANCIAL TRUST
<SERIES>
   <NUMBER> 065
   <NAME> STATE STREET RESEARCH INTERNATIONAL EQUITY TRUST CLASS B1

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-1999
<PERIOD-END>                               OCT-31-1999
<INVESTMENTS-AT-COST>                       45,152,284
<INVESTMENTS-AT-VALUE>                      62,773,474
<RECEIVABLES>                                  352,986
<ASSETS-OTHER>                                  22,693
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              63,149,153
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    2,250,102
<TOTAL-LIABILITIES>                          2,250,102
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    42,431,879
<SHARES-COMMON-STOCK>                          195,930
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      2,109,470
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    16,357,702
<NET-ASSETS>                                60,899,051
<DIVIDEND-INCOME>                              632,930
<INTEREST-INCOME>                               92,224
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,144,085
<NET-INVESTMENT-INCOME>                      (418,931)
<REALIZED-GAINS-CURRENT>                     4,848,994
<APPREC-INCREASE-CURRENT>                    9,070,789
<NET-CHANGE-FROM-OPS>                       13,500,852
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        200,533
<NUMBER-OF-SHARES-REDEEMED>                    (4,603)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       9,357,005
<ACCUMULATED-NII-PRIOR>                        191,399
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                   2,462,170
<GROSS-ADVISORY-FEES>                          505,018
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,379,470
<AVERAGE-NET-ASSETS>                        53,378,866
<PER-SHARE-NAV-BEGIN>                            10.63
<PER-SHARE-NII>                                 (0.11)
<PER-SHARE-GAIN-APPREC>                           1.90
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.42
<EXPENSE-RATIO>                                   2.67
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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