PRINCIPAL BALANCED FUND INC /MD/
485APOS, EX-27.N1, 2000-12-29
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-END>                               OCT-31-2000
<INVESTMENTS-AT-COST>                      131,404,702
<INVESTMENTS-AT-VALUE>                     140,013,891
<RECEIVABLES>                                1,058,348
<ASSETS-OTHER>                                   3,806
<OTHER-ITEMS-ASSETS>                            10,000
<TOTAL-ASSETS>                             141,086,045
<PAYABLE-FOR-SECURITIES>                       337,299
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      311,329
<TOTAL-LIABILITIES>                            648,628
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   129,627,118
<SHARES-COMMON-STOCK>                        6,534,784
<SHARES-COMMON-PRIOR>                        7,425,110
<ACCUMULATED-NII-CURRENT>                      158,918
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      2,042,192
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     8,609,189
<NET-ASSETS>                               140,437,417
<DIVIDEND-INCOME>                            1,305,541
<INTEREST-INCOME>                            3,948,962
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (2,253,071)
<NET-INVESTMENT-INCOME>                      3,001,432
<REALIZED-GAINS-CURRENT>                     2,042,192
<APPREC-INCREASE-CURRENT>                  (2,230,928)
<NET-CHANGE-FROM-OPS>                        2,812,696
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (2,336,930)
<DISTRIBUTIONS-OF-GAINS>                   (4,720,700)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        933,549
<NUMBER-OF-SHARES-REDEEMED>                (2,300,437)
<SHARES-REINVESTED>                            476,562
<NET-CHANGE-IN-ASSETS>                    (19,675,985)
<ACCUMULATED-NII-PRIOR>                        260,715
<ACCUMULATED-GAINS-PRIOR>                    6,768,994
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          855,652
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,253,071
<AVERAGE-NET-ASSETS>                       146,348,700
<PER-SHARE-NAV-BEGIN>                            15.13
<PER-SHARE-NII>                                   0.32
<PER-SHARE-GAIN-APPREC>                           0.02
<PER-SHARE-DIVIDEND>                            (0.33)
<PER-SHARE-DISTRIBUTIONS>                       (0.64)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.50
<EXPENSE-RATIO>                                   1.32


</TABLE>


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