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<PAGE> PAGE 13
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<PAGE> PAGE 16
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<PAGE> PAGE 21
048 K010400 75000
048 K020400 0.200
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 N
055 A000400 N
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057 000400 N
058 A000400 N
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060 B000400 Y
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062 C000400 0.0
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062 J000400 0.0
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062 L000400 0.0
062 M000400 17.1
062 N000400 23.4
062 O000400 0.0
062 P000400 0.0
062 Q000400 46.3
062 R000400 0.0
063 A000400 0
063 B000400 0.3
064 A000400 N
064 B000400 N
070 A010400 Y
070 A020400 Y
070 B010400 N
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
<PAGE> PAGE 22
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 Y
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 148614
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072 A000400 6
072 B000400 4324
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072 D000400 0
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<PAGE> PAGE 23
072 Y000400 0
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075 B000400 127510
076 000400 0.00
024 000500 Y
025 A000501 SALOMON BROTHERS INC.
025 B000501 13-3082694
025 C000501 D
025 D000501 8256
<PAGE> PAGE 24
025 A000502 CHASE
025 B000502 13-3112952
025 C000502 D
025 D000502 2019
025 A000503 DAIWA SECURITIES
025 B000503 13-5680329
025 C000503 D
025 D000503 282
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025 D000505 0
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025 D000508 0
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037 000500 Y
038 000500 0
039 000500 N
040 000500 N
041 000500 N
045 000500 Y
046 000500 N
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<PAGE> PAGE 25
048 A010500 75000
048 A020500 0.250
048 B010500 0
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048 F010500 0
048 F020500 0.000
048 G010500 0
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048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 75000
048 K020500 0.200
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 N
055 A000500 N
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056 000500 Y
057 000500 N
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060 B000500 Y
061 000500 1000000
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062 C000500 0.0
062 D000500 1.6
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062 I000500 0.0
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<PAGE> PAGE 26
062 P000500 0.0
062 Q000500 42.4
062 R000500 0.0
063 A000500 0
063 B000500 0.9
064 A000500 N
064 B000500 N
070 A010500 Y
070 A020500 Y
070 B010500 N
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 N
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
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<PAGE> PAGE 27
072 E000500 0
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073 A010500 0.4219
073 A020500 0.0000
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<PAGE> PAGE 28
074 R020500 0
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076 000500 0.00
024 000600 Y
025 A000601 SALOMON BROTHERS, INC.
025 B000601 13-3082694
025 C000601 D
025 D000601 6022
025 A000602 DAIWA SECURITIES
025 B000602 13-5680329
025 C000602 D
025 D000602 264
025 A000603 DELETE
025 D000603 0
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<PAGE> PAGE 29
028 F010600 0
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037 000600 Y
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041 000600 N
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050 000600 N
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052 000600 N
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057 000600 N
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<PAGE> PAGE 30
060 A000600 Y
060 B000600 Y
061 000600 1000000
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064 B000600 N
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070 D020600 N
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070 E020600 N
070 F010600 N
070 F020600 N
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070 G020600 N
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070 H020600 N
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070 I020600 N
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<PAGE> PAGE 31
070 N010600 Y
070 N020600 N
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070 R020600 N
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<PAGE> PAGE 32
074 A000600 65
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SIGNATURE VICKI PAYNE
TITLE ADMIN. ASSISTANT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRUST FOR
CREDIT UNIONS' SEMI-ANNUAL REPORT DATED FEBRUARY 29, 1996 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 01
<NAME> TRUST FOR CREDIT UNIONS MONEY MARKET PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> SEP-01-1995
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 591,501,557
<INVESTMENTS-AT-VALUE> 591,501,557
<RECEIVABLES> 2,008,596
<ASSETS-OTHER> 25,622
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 593,535,775
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,513,378
<TOTAL-LIABILITIES> 2,513,378
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 591,022,397
<SHARES-COMMON-STOCK> 591,022,397
<SHARES-COMMON-PRIOR> 382,095,916
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 591,022,397
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 13,076,054
<OTHER-INCOME> 0
<EXPENSES-NET> (446,084)
<NET-INVESTMENT-INCOME> 12,629,970
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 12,629,970
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (12,629,970)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,012,081,491
<NUMBER-OF-SHARES-REDEEMED> (1,809,632,333)
<SHARES-REINVESTED> 6,477,323
<NET-CHANGE-IN-ASSETS> 208,926,481
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 415,067
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 732,139
<AVERAGE-NET-ASSETS> 456,463,256
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.028
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.028)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.20
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRUST FOR
CREDIT UNIONS' SEMI-ANNUAL REPORT DATED FEBRUARY 29, 1996 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 02
<NAME> TRUST FOR CREDIT UNIONS GOVERNMENT SECURITIES PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> SEP-01-1995
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 556,382,607
<INVESTMENTS-AT-VALUE> 551,642,178
<RECEIVABLES> 50,686,456
<ASSETS-OTHER> 144,430
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 602,473,064
<PAYABLE-FOR-SECURITIES> 57,784,568
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9,165,021
<TOTAL-LIABILITIES> 66,949,589
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 555,433,124
<SHARES-COMMON-STOCK> 54,707,373
<SHARES-COMMON-PRIOR> 54,253,342
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (725,436)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (14,443,784)
<ACCUM-APPREC-OR-DEPREC> (4,740,429)
<NET-ASSETS> 535,523,475
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 17,070,448
<OTHER-INCOME> 0
<EXPENSES-NET> (915,542)
<NET-INVESTMENT-INCOME> 16,154,906
<REALIZED-GAINS-CURRENT> 8,283
<APPREC-INCREASE-CURRENT> 1,425,878
<NET-CHANGE-FROM-OPS> 17,589,067
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (16,154,906)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (39,693)
<NUMBER-OF-SHARES-SOLD> 3,685,359
<NUMBER-OF-SHARES-REDEEMED> (3,554,774)
<SHARES-REINVESTED> 323,446
<NET-CHANGE-IN-ASSETS> 5,864,556
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (685,743)
<OVERDIST-NET-GAINS-PRIOR> (14,452,067)
<GROSS-ADVISORY-FEES> 523,007
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 929,352
<AVERAGE-NET-ASSETS> 525,881,213
<PER-SHARE-NAV-BEGIN> 9.76
<PER-SHARE-NII> 0.301
<PER-SHARE-GAIN-APPREC> 0.031
<PER-SHARE-DIVIDEND> (0.302)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.79
<EXPENSE-RATIO> 0.35
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAIN SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRUST FOR
CREDIT UNIONS' SEMI-ANNUAL REPORT DATED FEBRUARY 29, 1996 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 03
<NAME> TRUST FOR CREDIT UNIONS MORTGAGE SECURITIES PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> SEP-01-1995
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 320,585,292
<INVESTMENTS-AT-VALUE> 320,551,408
<RECEIVABLES> 16,890,748
<ASSETS-OTHER> 69,463
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 337,511,619
<PAYABLE-FOR-SECURITIES> 22,941,464
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,440,977
<TOTAL-LIABILITIES> 26,382,441
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 320,657,558
<SHARES-COMMON-STOCK> 31,827,759
<SHARES-COMMON-PRIOR> 27,160,182
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1,246,234)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (8,248,262)
<ACCUM-APPREC-OR-DEPREC> (33,884)
<NET-ASSETS> 311,129,178
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10,221,385
<OTHER-INCOME> 0
<EXPENSES-NET> (385,628)
<NET-INVESTMENT-INCOME> 9,835,757
<REALIZED-GAINS-CURRENT> 1,548,122
<APPREC-INCREASE-CURRENT> (1,287,409)
<NET-CHANGE-FROM-OPS> 10,096,470
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,278,720)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,320,183
<NUMBER-OF-SHARES-REDEEMED> (833,427)
<SHARES-REINVESTED> 180,821
<NET-CHANGE-IN-ASSETS> 46,719,952
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (1,397,205)
<OVERDIST-NET-GAINS-PRIOR> (9,796,384)
<GROSS-ADVISORY-FEES> 285,916
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 444,655
<AVERAGE-NET-ASSETS> 287,443,976
<PER-SHARE-NAV-BEGIN> 9.74
<PER-SHARE-NII> 0.344
<PER-SHARE-GAIN-APPREC> 0.013
<PER-SHARE-DIVIDEND> (0.317)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.78
<EXPENSE-RATIO> 0.27
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRUST FOR
CREDIT UNIONS' SEMI-ANNUAL REPORT DATED FEBRUARY 29, 1996 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 04
<NAME> TRUST FOR CREDIT UNIONS TARGET MATURITY PORTFOLIO (1996)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> SEP-01-1995
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 115,163,929
<INVESTMENTS-AT-VALUE> 115,410,254
<RECEIVABLES> 11,435,758
<ASSETS-OTHER> 102,196
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 126,948,208
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 567,978
<TOTAL-LIABILITIES> 567,978
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 133,076,795
<SHARES-COMMON-STOCK> 13,300,010
<SHARES-COMMON-PRIOR> 13,300,010
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (57,851)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (6,885,039)
<ACCUM-APPREC-OR-DEPREC> 246,325
<NET-ASSETS> 126,380,230
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,323,911
<OTHER-INCOME> 0
<EXPENSES-NET> (235,574)
<NET-INVESTMENT-INCOME> 4,088,337
<REALIZED-GAINS-CURRENT> 182,261
<APPREC-INCREASE-CURRENT> (109,798)
<NET-CHANGE-FROM-OPS> 4,160,800
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,251,486)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (57,851)
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (1,148,537)
<ACCUMULATED-NII-PRIOR> 1,163,149
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (7,067,300)
<GROSS-ADVISORY-FEES> 145,461
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 235,574
<AVERAGE-NET-ASSETS> 127,509,827
<PER-SHARE-NAV-BEGIN> 9.59
<PER-SHARE-NII> 0.307
<PER-SHARE-GAIN-APPREC> 0.002
<PER-SHARE-DIVIDEND> (0.399)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.50
<EXPENSE-RATIO> 0.37
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRUST FOR
CREDIT UNIONS' SEMI-ANNUAL REPORT DATED FEBRUARY 29, 1996 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 05
<NAME> TRUST FOR CREDIT UNION TARGET MATURITY PORTFOLIO (FEB97)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> SEP-01-1995
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 92,303,141
<INVESTMENTS-AT-VALUE> 92,512,580
<RECEIVABLES> 2,631,392
<ASSETS-OTHER> 23,876
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 95,167,848
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 459,924
<TOTAL-LIABILITIES> 459,924
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 98,296,211
<SHARES-COMMON-STOCK> 9,809,980
<SHARES-COMMON-PRIOR> 9,809,980
<ACCUMULATED-NII-CURRENT> 87,470
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (3,885,196)
<ACCUM-APPREC-OR-DEPREC> 209,439
<NET-ASSETS> 94,707,924
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,396,665
<OTHER-INCOME> 0
<EXPENSES-NET> (186,661)
<NET-INVESTMENT-INCOME> 3,210,004
<REALIZED-GAINS-CURRENT> 609,782
<APPREC-INCREASE-CURRENT> (195,017)
<NET-CHANGE-FROM-OPS> 3,624,769
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,138,155)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (513,386)
<ACCUMULATED-NII-PRIOR> 1,015,621
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (4,494,978)
<GROSS-ADVISORY-FEES> 113,748
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 186,661
<AVERAGE-NET-ASSETS> 95,623,589
<PER-SHARE-NAV-BEGIN> 9.71
<PER-SHARE-NII> 0.327
<PER-SHARE-GAIN-APPREC> 0.035
<PER-SHARE-DIVIDEND> (0.422)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.65
<EXPENSE-RATIO> 0.39
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM TRUST FOR
CREDIT UNIONS' SEMI-ANNUAL REPORT DATED FEBRUARY 29, 1996 AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 06
<NAME> TRUST FOR CREDIT UNION TARGET MATURITY PORTFOLIO (MAY 97)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-START> SEP-01-1996
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 61,829,582
<INVESTMENTS-AT-VALUE> 62,172,947
<RECEIVABLES> 1,661,325
<ASSETS-OTHER> 67,906
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 63,902,178
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 382,016
<TOTAL-LIABILITIES> 382,016
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 63,532,452
<SHARES-COMMON-STOCK> 6,350,000
<SHARES-COMMON-PRIOR> 6,350,000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (51,299)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (304,356)
<ACCUM-APPREC-OR-DEPREC> 343,365
<NET-ASSETS> 63,520,162
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,471,535
<OTHER-INCOME> 0
<EXPENSES-NET> (140,637)
<NET-INVESTMENT-INCOME> 2,330,898
<REALIZED-GAINS-CURRENT> 363,976
<APPREC-INCREASE-CURRENT> (311,530)
<NET-CHANGE-FROM-OPS> 2,383,344
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,322,163)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 61,181
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (60,034)
<OVERDIST-NET-GAINS-PRIOR> (668,332)
<GROSS-ADVISORY-FEES> 79,275
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 140,637
<AVERAGE-NET-ASSETS> 63,768,305
<PER-SHARE-NAV-BEGIN> 9.99
<PER-SHARE-NII> 0.367
<PER-SHARE-GAIN-APPREC> 0.009
<PER-SHARE-DIVIDEND> (0.366)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.00
<EXPENSE-RATIO> 0.44
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
