<PAGE> PAGE 1
000 A000000 06/30/99
000 C000000 0000834126
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 PRUDENTIAL STRUCTURED MATURITY FUND, INC.
001 B000000 811-5594
001 C000000 9733671495
002 A000000 100 MULBERRY STREET, GC3, 9TH FLOOR
002 B000000 NEWARK
002 C000000 NJ
002 D010000 07102
002 D020000 4077
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
<PAGE> PAGE 2
007 C012900 29
007 C013000 30
008 A000001 PRUDENTIAL INVESTMENTS FUND MANAGEMENT LLC
008 B000001 A
008 C000001 801-31104
008 D010001 NEWARK
008 D020001 NJ
008 D030001 07102
008 D040001 4077
008 A000002 THE PRUDENTIAL INVESTMENT CORPORATION
008 B000002 S
008 C000002 801-12484
008 D010002 NEWARK
008 D020002 NJ
008 D030002 07102
008 D040002 4077
010 A000001 PRUDENTIAL INVESTMENTS FUND MANAGEMENT LLC
010 B000001 8-31104
010 C010001 NEWARK
010 C020001 NJ
010 C030001 07102
010 C040001 4077
011 A000001 PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC
011 B000001 8-27154
011 C010001 NEWARK
011 C020001 NJ
011 C030001 07102
011 C040001 4077
011 A000002 DELETE
012 A000001 PRUDENTIAL MUTUAL FUND SERVICES LLC
012 B000001 84-110019
012 C010001 NEW BRUNSWICK
012 C020001 NJ
012 C030001 08906
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
014 A000001 PRUDENTIAL SECURITIES INCORPORATED
014 B000001 8-27154
014 A000002 PRUCO SECURITIES CORPORATION
014 B000002 8-16402
014 A000003 PRUDENTIAL INVESTMENTS FUND MANAGEMENT LLC
014 B000003 8-31104
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 NORTH QUINCY
015 C020001 MA
015 C030001 02171
015 E010001 X
015 A000002 STATE STREET BANK AND TRUST CO.,LONDON BRANCH
<PAGE> PAGE 3
015 B000002 S
015 C010002 LONDON
015 D010002 UNITED KINGDOM
015 E040002 X
015 A000003 DELETE
018 000000 Y
019 A000000 Y
019 B000000 104
019 C000000 PRUDENTIAL
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 BEAR, STEARNS & CO., INC.
022 B000001 13-3299429
022 C000001 141381
022 D000001 5028
022 A000002 SALOMON SMITH BARNEY INC.
022 B000002 13-3082694
022 C000002 117533
022 D000002 15170
022 A000003 WARBURG DILLON READ LLC
022 B000003 13-3340045
022 C000003 86985
022 D000003 5485
022 A000004 MORGAN (J.P.) & CO., INC.
022 B000004 13-3224016
022 C000004 49126
022 D000004 37235
022 A000005 GOLDMAN, SACHS & CO.
022 B000005 13-5108880
022 C000005 41082
022 D000005 13392
022 A000006 DEUTSCHE BANK SECURITIES, INC.
022 B000006 13-2730828
022 C000006 47067
022 D000006 0
022 A000007 LEHMAN BROTHERS, INC.
022 B000007 13-2518466
022 C000007 39236
022 D000007 3488
022 A000008 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000008 13-5674085
022 C000008 15626
<PAGE> PAGE 4
022 D000008 20238
022 A000009 CREDIT SUISSE FIRST BOSTON CORP.
022 B000009 13-5659485
022 C000009 26231
022 D000009 6986
022 A000010 CHASE SECURITIES, INC.
022 B000010 13-3112953
022 C000010 18865
022 D000010 12647
023 C000000 616585
023 D000000 140623
024 000000 Y
025 A000001 GOLDMAN SACHS & CO.
025 B000001 13-5108880
025 C000001 D
025 D000001 4769
025 A000002 MORGAN STANLEY DEAN WITTER
025 B000002 13-2731510
025 C000002 D
025 D000002 4357
025 A000003 LEHMAN BROTHERS, INC.
025 B000003 13-2518466
025 C000003 D
025 D000003 1461
025 A000004 WARBURG DILLON READ LLC
025 B000004 13-3340045
025 C000004 D
025 D000004 1150
025 A000005 DELETE
025 D000005 0
025 A000006 DELETE
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 6610
028 A020000 267
028 A030000 0
028 A040000 10734
028 B010000 8712
028 B020000 425
028 B030000 0
<PAGE> PAGE 5
028 B040000 6981
028 C010000 11718
028 C020000 349
028 C030000 0
028 C040000 13588
028 D010000 6208
028 D020000 365
028 D030000 0
028 D040000 8938
028 E010000 5236
028 E020000 361
028 E030000 0
028 E040000 9353
028 F010000 2895
028 F020000 402
028 F030000 0
028 F040000 4553
028 G010000 41379
028 G020000 2169
028 G030000 0
028 G040000 54147
028 H000000 8171
029 000000 Y
030 A000000 27
030 B000000 3.25
030 C000000 0.00
031 A000000 2
031 B000000 0
032 000000 0
033 000000 25
034 000000 Y
035 000000 36
036 A000000 N
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 100
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 240
044 000000 0
045 000000 Y
046 000000 N
<PAGE> PAGE 6
047 000000 Y
048 000000 0.400
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 Y
055 B000000 N
056 000000 Y
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
<PAGE> PAGE 7
060 B000000 Y
061 000000 1000
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 3.8
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 10.7
062 M000000 13.0
062 N000000 0.0
062 O000000 0.0
062 P000000 72.5
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 3.0
064 A000000 N
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 N
070 K020000 N
<PAGE> PAGE 8
070 L010000 Y
070 L020000 Y
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 140123
071 B000000 147105
071 C000000 119184
071 D000000 118
072 A000000 6
072 B000000 4047
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 247
072 G000000 0
072 H000000 0
072 I000000 99
072 J000000 45
072 K000000 0
072 L000000 30
072 M000000 7
072 N000000 39
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 12
072 S000000 10
072 T000000 240
072 U000000 0
072 V000000 0
072 W000000 3
072 X000000 732
072 Y000000 0
072 Z000000 3315
072AA000000 419
072BB000000 1791
072CC010000 0
072CC020000 1455
072DD010000 2337
072DD020000 978
072EE000000 0
<PAGE> PAGE 9
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 3
074 B000000 4478
074 C000000 12534
074 D000000 99415
074 E000000 0
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 32
074 K000000 0
074 L000000 2205
074 M000000 2
074 N000000 118669
074 O000000 567
074 P000000 75
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 425
074 S000000 0
074 T000000 117602
074 U010000 7829
074 U020000 2712
074 V010000 0.00
074 V020000 0.00
074 W000000 0.0000
074 X000000 10410
074 Y000000 0
075 A000000 0
075 B000000 124604
076 000000 0.00
077 A000000 N
078 000000 N
080 C000000 0
081 B000000 0
082 B000000 0
083 B000000 0
084 B000000 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
<PAGE> PAGE 10
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE EUGENE S. STARK
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000834126
<NAME> PRUDENTIAL STRUCTURED MATURITY FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> STRUCTURED MATURITY FUND (CLASS A)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 118,258,144
<INVESTMENTS-AT-VALUE> 116,426,790
<RECEIVABLES> 2,237,327
<ASSETS-OTHER> 5,099
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,067,603
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 129,017,125
<SHARES-COMMON-STOCK> 10,541,194
<SHARES-COMMON-PRIOR> 11,477,471
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (9,584,157)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,831,355)
<NET-ASSETS> (22,018,665)
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,047,485
<OTHER-INCOME> 0
<EXPENSES-NET> 731,986
<NET-INVESTMENT-INCOME> 3,315,499
<REALIZED-GAINS-CURRENT> (1,372,159)
<APPREC-INCREASE-CURRENT> (1,454,847)
<NET-CHANGE-FROM-OPS> 488,493
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,315,499)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 41,378,778
<NUMBER-OF-SHARES-REDEEMED> (54,147,029)
<SHARES-REINVESTED> 2,168,686
<NET-CHANGE-IN-ASSETS> (13,426,571)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (8,211,454)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 247,160
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 731,986
<AVERAGE-NET-ASSETS> 85,460,000
<PER-SHARE-NAV-BEGIN> 11.42
<PER-SHARE-NII> 0.31
<PER-SHARE-GAIN-APPREC> (0.26)
<PER-SHARE-DIVIDEND> (0.31)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.16
<EXPENSE-RATIO> 1.05
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000834126
<NAME> PRUDENTIAL STRUCTURED MATURITY FUND, INC.
<SERIES>
<NUMBER> 002
<NAME> STRUCTURED MATURITY FUND (CLASS B)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 118,258,144
<INVESTMENTS-AT-VALUE> 116,426,790
<RECEIVABLES> 2,237,327
<ASSETS-OTHER> 5,099
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,067,603
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 129,017,125
<SHARES-COMMON-STOCK> 10,541,194
<SHARES-COMMON-PRIOR> 11,477,471
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (9,584,157)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,831,355)
<NET-ASSETS> (22,018,665)
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,047,485
<OTHER-INCOME> 0
<EXPENSES-NET> 731,986
<NET-INVESTMENT-INCOME> 3,315,499
<REALIZED-GAINS-CURRENT> (1,372,159)
<APPREC-INCREASE-CURRENT> (1,454,847)
<NET-CHANGE-FROM-OPS> 488,493
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,315,499)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 41,378,778
<NUMBER-OF-SHARES-REDEEMED> (54,147,029)
<SHARES-REINVESTED> 2,168,686
<NET-CHANGE-IN-ASSETS> (13,426,571)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (8,211,454)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 247,160
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 731,986
<AVERAGE-NET-ASSETS> 34,652,000
<PER-SHARE-NAV-BEGIN> 11.41
<PER-SHARE-NII> 0.28
<PER-SHARE-GAIN-APPREC> (0.26)
<PER-SHARE-DIVIDEND> (0.28)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.15
<EXPENSE-RATIO> 1.55
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000834126
<NAME> PRUDENTIAL STRUCTURED MATURITY FUND, INC.
<SERIES>
<NUMBER> 003
<NAME> STRUCTURED MATURITY FUND (CLASS C)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 118,258,144
<INVESTMENTS-AT-VALUE> 116,426,790
<RECEIVABLES> 2,237,327
<ASSETS-OTHER> 5,099
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,067,603
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 129,017,125
<SHARES-COMMON-STOCK> 10,541,194
<SHARES-COMMON-PRIOR> 11,477,471
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (9,584,157)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,831,355)
<NET-ASSETS> (22,018,665)
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,047,485
<OTHER-INCOME> 0
<EXPENSES-NET> 731,986
<NET-INVESTMENT-INCOME> 3,315,499
<REALIZED-GAINS-CURRENT> (1,372,159)
<APPREC-INCREASE-CURRENT> (1,454,847)
<NET-CHANGE-FROM-OPS> 488,493
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,315,499)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 41,378,778
<NUMBER-OF-SHARES-REDEEMED> (54,147,029)
<SHARES-REINVESTED> 2,168,686
<NET-CHANGE-IN-ASSETS> (13,426,571)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (8,211,454)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 247,160
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 731,986
<AVERAGE-NET-ASSETS> 1,410,000
<PER-SHARE-NAV-BEGIN> 11.41
<PER-SHARE-NII> 0.28
<PER-SHARE-GAIN-APPREC> (0.26)
<PER-SHARE-DIVIDEND> (0.28)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.15
<EXPENSE-RATIO> 1.55
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000834126
<NAME> PRUDENTIAL STRUCTURED MATURITY FUND, INC.
<SERIES>
<NUMBER> 004
<NAME> STRUCTURED MATURITY FUND (CLASS Z)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 118,258,144
<INVESTMENTS-AT-VALUE> 116,426,790
<RECEIVABLES> 2,237,327
<ASSETS-OTHER> 5,099
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,067,603
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 129,017,125
<SHARES-COMMON-STOCK> 10,541,194
<SHARES-COMMON-PRIOR> 11,477,471
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (9,584,157)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,831,355)
<NET-ASSETS> (22,018,665)
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,047,485
<OTHER-INCOME> 0
<EXPENSES-NET> 731,986
<NET-INVESTMENT-INCOME> 3,315,499
<REALIZED-GAINS-CURRENT> (1,372,159)
<APPREC-INCREASE-CURRENT> (1,454,847)
<NET-CHANGE-FROM-OPS> 488,493
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,315,499)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 41,378,778
<NUMBER-OF-SHARES-REDEEMED> (54,147,029)
<SHARES-REINVESTED> 2,168,686
<NET-CHANGE-IN-ASSETS> (13,426,571)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (8,211,454)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 247,160
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 731,986
<AVERAGE-NET-ASSETS> 3,002,000
<PER-SHARE-NAV-BEGIN> 11.42
<PER-SHARE-NII> 0.33
<PER-SHARE-GAIN-APPREC> (0.25)
<PER-SHARE-DIVIDEND> (0.33)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.17
<EXPENSE-RATIO> 0.80
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
