PRINCIPAL BALANCED FUND INC /MD/
NSAR-A, EX-27, 2000-06-16
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<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                      136,872,957
<INVESTMENTS-AT-VALUE>                     141,744,958
<RECEIVABLES>                                  738,209
<ASSETS-OTHER>                                   6,079
<OTHER-ITEMS-ASSETS>                            10,000
<TOTAL-ASSETS>                             142,499,246
<PAYABLE-FOR-SECURITIES>                       295,000
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      207,197
<TOTAL-LIABILITIES>                            502,197
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   134,524,300
<SHARES-COMMON-STOCK>                        1,686,962
<SHARES-COMMON-PRIOR>                        1,598,788
<ACCUMULATED-NII-CURRENT>                      144,403
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      2,456,345
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     4,872,001
<NET-ASSETS>                               141,997,049
<DIVIDEND-INCOME>                              752,064
<INTEREST-INCOME>                            2,137,617
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,124,272)
<NET-INVESTMENT-INCOME>                      1,765,409
<REALIZED-GAINS-CURRENT>                     2,455,366
<APPREC-INCREASE-CURRENT>                  (5,968,116)
<NET-CHANGE-FROM-OPS>                      (1,747,341)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (252,568)
<DISTRIBUTIONS-OF-GAINS>                   (1,038,106)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        323,067
<NUMBER-OF-SHARES-REDEEMED>                  (324,718)
<SHARES-REINVESTED>                             89,825
<NET-CHANGE-IN-ASSETS>                    (18,116,353)
<ACCUMULATED-NII-PRIOR>                        260,715
<ACCUMULATED-GAINS-PRIOR>                    6,768,994
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          434,204
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,124,272
<AVERAGE-NET-ASSETS>                       151,172,245
<PER-SHARE-NAV-BEGIN>                            14.99
<PER-SHARE-NII>                                    .14
<PER-SHARE-GAIN-APPREC>                          (.30)
<PER-SHARE-DIVIDEND>                             (.15)
<PER-SHARE-DISTRIBUTIONS>                        (.64)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.04
<EXPENSE-RATIO>                                   1.82



</TABLE>


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