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TITLE VICE PRESIDENT
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<OVERDISTRIBUTION-GAINS> 0
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<NET-ASSETS> 56,968,924
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<OTHER-INCOME> 0
<EXPENSES-NET> 201,122
<NET-INVESTMENT-INCOME> 1,616,370
<REALIZED-GAINS-CURRENT> 26,030
<APPREC-INCREASE-CURRENT> 1,054,586
<NET-CHANGE-FROM-OPS> 2,696,986
<EQUALIZATION> 0
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<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 71,181
<NUMBER-OF-SHARES-REDEEMED> 1,115
<SHARES-REINVESTED> 433
<NET-CHANGE-IN-ASSETS> 740,173
<ACCUMULATED-NII-PRIOR> 15,420
<ACCUMULATED-GAINS-PRIOR> 572,855
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 143,038
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 314,766
<AVERAGE-NET-ASSETS> 338,178
<PER-SHARE-NAV-BEGIN> 11.99
<PER-SHARE-NII> 0.25
<PER-SHARE-GAIN-APPREC> 0.07
<PER-SHARE-DIVIDEND> 0.25
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.06
<EXPENSE-RATIO> 1.41
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
