TEMPLETON GLOBAL GOVERNMENTS INCOME TRUST
NSAR-A, 1998-04-23
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<PAGE>

      PAGE  1
000 A000000 02/28/98
000 C000000 841191
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 TEMPLETON GLOBAL GOVERNMENTS INCOME TRUST
001 B000000 811-5677
001 C000000 9545277591
002 A000000 500 EAST BROWARD BOULEVARD
002 B000000 FT. LAUDERDALE
002 C000000 FL
002 D010000 33394
002 D020000 3091
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
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
008 A000001 TEMPLETON INVESTMENT COUNSEL, INC.
008 B000001 A
008 C000001 801-15125
008 D010001 FT. LAUDERDALE
008 D020001 FL
008 D030001 33394
008 D040001 3091
010 A000001 FRANKLIN TEMPLETON SERVICES, INC.
010 C010001 FT. LAUDERDALE
010 C020001 FL
010 C030001 33394
010 C040001 3091
010 A000002 DEAN WITTER REYNOLDS INC.
010 B000002 8-14172
010 C010002 NEW YORK
010 C020002 NY
010 C030002 10048
012 A000001 DEAN WITTER TRUST COMPANY
012 B000001 84-1785
<PAGE>

      PAGE  3
012 C010001 JERSEY CITY
012 C020001 NJ
012 C030001 07311
013 A000001 MCGLADREY & PULLEN, LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
015 A000001 THE CHASE MANHATTAN BANK
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10081
015 E010001 X
015 A000002 THE CHASE MANHATTAN BANK
015 B000002 S
015 C010002 BUENOS AIRES
015 D010002 ARGENTINA
015 D020002 1061
015 E040002 X
015 A000003 THE CHASE MANHATTAN BANK
015 B000003 S
015 C010003 SYDNEY
015 D010003 AUSTRALIA
015 D020003 2000
015 E040003 X
015 A000004 CREDITANSTALT AG
015 B000004 S
015 C010004 VIENNA
015 D010004 AUSTRIA
015 D020004 A-1011
015 E040004 X
015 A000005 GENERALE BANK
015 B000005 S
015 C010005 BRUSSELS
015 D010005 BELGIUM
015 D020005 1000
015 E040005 X
015 A000006 BANCO CHASE MANHATTAN, S.A.
015 B000006 S
015 C010006 SAO PAULO
015 D010006 BRAZIL
015 D020006 04719-002
015 E040006 X
015 A000007 THE ROYAL BANK OF CANADA
015 B000007 S
015 C010007 TORONTO
015 D010007 CANADA
015 D020007 M5J-2J5
015 E040007 X
015 A000008 CANADA TRUST
015 B000008 S
<PAGE>

      PAGE  4
015 C010008 TORONTO
015 D010008 CANADA
015 D020008 M5J 2T2
015 E040008 X
015 A000009 STANDARD CHARTERED BANK
015 B000009 S
015 C010009 DHAKA
015 D010009 BANGLADESH
015 D020009 1000
015 E040009 X
015 A000010 DEN DANSKE BANK
015 B000010 S
015 C010010 COPENHAGEN
015 D010010 DENMARK
015 E040010 X
015 A000011 BANK LEUMI LE-ISRAEL B.M.
015 B000011 S
015 C010011 TEL AVIV
015 D010011 ISRAEL
015 D020011 61000
015 E040011 X
015 A000012 THE CHASE MANHATTAN BANK
015 B000012 S
015 C010012 LONDON
015 D010012 UNITED KINGDOM
015 D020012 E1 9YT
015 E040012 X
015 A000013 MERITA BANK LTD
015 B000013 S
015 C010013 HELSINKI
015 D010013 FINLAND
015 E040013 X
015 A000014 BANQUE PARIBAS
015 B000014 S
015 C010014 PARIS
015 D010014 FRANCE
015 D020014 75078
015 E040014 X
015 A000015 AUSTRACLEAR RESERVE BANK
015 B000015 S
015 C010015 VIENNA
015 D010015 AUSTRIA
015 E040015 X
015 A000016 BARCLAYS BANK PLC
015 B000016 S
015 C010016 ATHENS
015 D010016 GREECE
015 D020016 10562
015 E040016 X
015 A000017 THE CHASE MANHATTAN BANK
015 B000017 S
<PAGE>

      PAGE  5
015 C010017 HONG KONG
015 D010017 HONG KONG
015 E040017 X
015 A000018 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000018 S
015 C010018 JAKARTA
015 D010018 INDONESIA
015 D020018 10023
015 E040018 X
015 A000019 BANK OF IRELAND
015 B000019 S
015 C010019 DUBLIN
015 D010019 IRELAND
015 D020019 1
015 E040019 X
015 A000020 BANQUE PARIBAS
015 B000020 S
015 C010020 MILAN
015 D010020 ITALY
015 D020020 20121
015 E040020 X
015 A000021 THE FUJI BANK LTD
015 B000021 S
015 C010021 TOKYO
015 D010021 JAPAN
015 E040021 X
015 A000022 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000022 S
015 C010022 SHANGHAI
015 D010022 CHINA
015 D020022 200120
015 E040022 X
015 A000023 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000023 S
015 C010023 SHENZHEN
015 D010023 CHINA
015 E040023 X
015 A000024 THE CHASE MANHATTAN BANK
015 B000024 S
015 C010024 KUALA LUMPUR
015 D010024 MALAYSIA
015 D020024 50250
015 E040024 X
015 A000025 THE HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B000025 S
015 C010025 SEOUL
015 D010025 SOUTH KOREA
015 E040025 X
015 A000026 ABN AMRO N.V.
015 B000026 S
015 C010026 DE BREDA
<PAGE>

      PAGE  6
015 D010026 NETHERLANDS
015 D020026 4800
015 E040026 X
015 A000027 NATIONAL NOMINEES LIMITED
015 B000027 S
015 C010027 AUCKLAND
015 D010027 NEW ZEALAND
015 E040027 X
015 A000028 DEN NORSKE BANK
015 B000028 S
015 C010028 OSLO
015 D010028 NORWAY
015 D020028 N-0107
015 E040028 X
015 A000029 THE HONGKONG & SHANGHAI BANKING CORP. LTD.
015 B000029 S
015 C010029 PASIG CITY
015 D010029 PHILIPPINES
015 E040029 X
015 A000030 BANCO ESPIRITO SANTO E COMMERCIAL DE LISBOA
015 B000030 S
015 C010030 LISBON
015 D010030 PORTUGAL
015 D020030 1250
015 E040030 X
015 A000031 STANDARD CHARTERED BANK
015 B000031 S
015 C010031 SINGAPORE
015 D010031 SINGAPORE
015 D020031 049909
015 E040031 X
015 A000032 THE CHASE MANHATTAN BANK
015 B000032 S
015 C010032 MADRID
015 D010032 SPAIN
015 D020032 28046
015 E040032 X
015 A000033 THE HONGKONG & SHANGHAI BANKING CORP.LTD.
015 B000033 S
015 C010033 COLOMBO
015 D010033 SRI LANKA
015 D020033 1
015 E040033 X
015 A000034 SKANDINAVISKA ENSKILDA BANKEN
015 B000034 S
015 C010034 STOCKHOLM
015 D010034 SWEDEN
015 D020034 S-106-40
015 E040034 X
015 A000035 UNION BANK OF SWITZERLAND
015 B000035 S
<PAGE>

      PAGE  7
015 C010035 ZURICH
015 D010035 SWITZERLAND
015 D020035 8021
015 E040035 X
015 A000036 THE CHASE MANHATTAN BANK
015 B000036 S
015 C010036 BANGKOK
015 D010036 THAILAND
015 D020036 10500
015 E040036 X
015 A000037 THE FIRST NATIONAL BANK OF BOSTON
015 B000037 S
015 C010037 MONTEVIDEO
015 D010037 URUGUAY
015 E040037 X
015 A000038 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000038 S
015 C010038 PRAHA
015 D010038 CZECH REPUBLIC
015 D020038 115 20
015 E040038 X
015 A000039 THE CHASE MANHATTAN BANK
015 B000039 S
015 C010039 ISTANBUL
015 D010039 TURKEY
015 D020039 80700
015 E040039 X
015 A000040 BANQUE GENERALE DU LUXEMBOURG S.A.
015 B000040 S
015 C010040 LUXEMBOURG
015 D010040 LUXEMBOURG
015 D020040 L-2951
015 E040040 X
015 A000041 BARCLAYS BANK OF BOTSWANA LIMITED
015 B000041 S
015 C010041 GABORONE
015 D010041 BOTSWANA
015 E040041 X
015 A000042 THE STANDARD BANK OF SOUTH AFRICA LIMITED
015 B000042 S
015 C010042 JOHANNESBURG
015 D010042 SOUTH AFRICA
015 E040042 X
015 A000043 FIRST CHICAGO CLEARING CENTRE
015 B000043 S
015 C010043 LONDON
015 D010043 UNITED KINGDOM
015 D020043 EC3A 1AA
015 E040043 X
015 A000044 BANK HANDLOWY W. WARSZAWIE, S.A.
015 B000044 S
<PAGE>

      PAGE  8
015 C010044 WARSAW
015 D010044 POLAND
015 D020044 00-950
015 E040044 X
015 A000045 THE CHASE MANHATTAN BANK, S.A.
015 B000045 S
015 C010045 MEXICO D.F.
015 D010045 MEXICO
015 D020045 01210
015 E040045 X
015 A000046 NATIONAL BANK OF EGYPT
015 B000046 S
015 C010046 CAIRO
015 D010046 EGYPT
015 E040046 X
015 A000047 BARCLAYS BANK OF GHANA LTD
015 B000047 S
015 C010047 ACCRA
015 D010047 GHANA
015 E040047 X
015 A000048 CITIBANK BUDAPEST RT.
015 B000048 S
015 C010048 BUDAPEST
015 D010048 HUNGARY
015 D020048 H-1051
015 E040048 X
015 A000049 HONGKONG BANK SECURITIES CUSTODIAL SERVICES
015 B000049 S
015 C010049 PORT LOUIS
015 D010049 MAURITIUS
015 E040049 X
015 A000050 BANQUE COMMERCIALE DU MAROC
015 B000050 S
015 C010050 CASABLANCA
015 D010050 MOROCCO
015 D020050 20000
015 E040050 X
015 A000051 BARCLAYS BANK OF ZIMBABWE
015 B000051 S
015 C010051 HARARE
015 D010051 ZIMBABWE
015 E040051 X
015 A000052 CITIBANK,N.A.
015 B000052 S
015 C010052 LIMA
015 D010052 PERU
015 D020052 27
015 E040052 X
015 A000053 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000053 S
015 C010053 BRATISLAVA
<PAGE>

      PAGE  9
015 D010053 SLOVAK REPUBLIC
015 D020053 815 63
015 E040053 X
015 A000054 BARCLAYS BANK PLC
015 B000054 S
015 C010054 NICOSIA
015 D010054 CYPRUS
015 D020054 1644
015 E040054 X
015 A000055 STANDARD BANK NAMIBIA LTD
015 B000055 S
015 C010055 WINDHOEK
015 D010055 NAMIBIA
015 E040055 X
015 A000056 THE BRITISH BANK OF THE MIDDLE EAST
015 B000056 S
015 C010056 MUSCAT
015 D010056 SULTANATE OF OMAN
015 E040056 X
015 A000057 CHASE MANHATTAN BANK INTERNATIONAL ("CMBI")
015 B000057 S
015 C010057 MOSCOW
015 D010057 RUSSIA
015 D020057 125047
015 E040057 X
015 A000058 STANBIC BANK SWAZILAND LTD
015 B000058 S
015 C010058 MBABANE
015 D010058 SWAZILAND
015 E040058 X
015 A000059 BARCLAYS BANK OF KENYA
015 B000059 S
015 C010059 NAIROBI
015 D010059 KENYA
015 E040059 X
015 A000060 CEDEL BANK S.A.
015 B000060 S
015 C010060 LUXEMBOURG
015 D010060 LUXEMBOURG
015 E040060 X
015 A000061 BARCLAYS BANK OF ZAMBIA
015 B000061 S
015 C010061 LUSAKA
015 D010061 ZAMBIA
015 E040061 X
015 A000062 DELETE
015 A000063 DELETE
015 A000064 DEUTSCHE BANK A.G.
015 B000064 S
015 C010064 KARACHI
015 D010064 PAKISTAN
<PAGE>

      PAGE  10
015 E040064 X
015 A000065 THE BRITISH BANK OF THE MIDDLE EAST
015 B000065 S
015 C010065 MANAMA
015 D010065 BAHRAIN
015 E040065 X
015 A000066 CITIBANK,N.A.
015 B000066 S
015 C010066 QUITO
015 D010066 ECUADOR
015 E040066 X
015 A000067 THE HONGKONG AND SHANGHAI BANKING CORP. LTD.
015 B000067 S
015 C010067 BOMBAY
015 D010067 INDIA
015 D020067 400 001
015 E040067 X
015 A000068 CITIBANK N.A.
015 B000068 S
015 C010068 CARACAS
015 D010068 VENEZUELA
015 D020068 1010
015 E040068 X
015 A000069 THE BANK OF BERMUDA LTD.
015 B000069 S
015 C010069 HAMILTON
015 D010069 BERMUDA
015 E040069 X
015 A000070 DREDSNER BANK A.G.
015 B000070 S
015 C010070 FRANKFURT
015 D010070 GERMANY
015 E040070 X
015 A000071 SOCIETE GENERALE DE BANQUES EN COTE D'IVOIRE
015 B000071 S
015 C010071 ABIDJAN
015 D010071 IVORY COAST
015 D020071 01
015 E040071 X
015 A000072 THE BRITISH BANK OF THE MIDDLE EAST
015 B000072 S
015 C010072 RAS-BEIRUT
015 D010072 LEBANON
015 E040072 X
018  000000 Y
019 A000000 Y
019 B000000  214
019 C000000 FRNKTEMGRP
020 C000001      0
020 C000002      0
020 C000003      0
<PAGE>

      PAGE  11
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 DEUTSCHE MORGAN GRENFELL
022 B000001 CANADA
022 C000001    300027
022 D000001      6825
022 A000002 NATIONSBANC CAPITAL MARKETS
022 B000002 56-1684171
022 C000002     52970
022 D000002         0
022 A000003 DRESNER BANK
022 B000003 13-3894311
022 C000003     38158
022 D000003     13051
022 A000004 HONGKONG SHANGHAI BANK
022 B000004 13-2650272
022 C000004     30656
022 D000004     14227
022 A000005 WESTPAC
022 C000005     14506
022 D000005      7196
022 A000006 MORGAN STANLEY
022 B000006 13-2655998
022 C000006     18036
022 D000006      2183
022 A000007 MERRILL LYNCH
022 B000007 13-5674085
022 C000007      7894
022 D000007      6251
022 A000008 SWISS BANK CORP
022 B000008 13-3340045
022 C000008     10703
022 D000008         0
022 A000009 FIRST NATIONAL BANK BOSTON
022 C000009      3534
022 D000009      3846
022 A000010 LEHMAN SECURITIES INC.
022 B000010 13-2518466
022 C000010         0
022 D000010      6948
023 C000000     499741
023 D000000      68838
024  000000 N
025 D000001       0
025 D000002       0
<PAGE>

      PAGE  12
025 D000003       0
025 D000004       0
025 D000005       0
025 D000006       0
025 D000007       0
025 D000008       0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
027  000000 N
028 A010000         0
028 A020000         0
028 A030000         0
028 A040000         0
028 B010000         0
028 B020000         0
028 B030000         0
028 B040000         0
028 C010000         0
028 C020000         0
028 C030000         0
028 C040000         0
028 D010000         0
028 D020000         0
028 D030000         0
028 D040000         0
028 E010000         0
028 E020000         0
028 E030000         0
028 E040000         0
028 F010000         0
028 F020000         0
028 F030000         0
028 F040000         0
028 G010000         0
028 G020000         0
028 G030000         0
028 G040000         0
028 H000000         0
030 A000000      0
030 B000000  0.00
030 C000000  0.00
031 A000000      0
031 B000000      0
032  000000      0
<PAGE>

      PAGE  13
033  000000      0
035  000000      0
036 B000000      0
038  000000      0
042 A000000   0
042 B000000   0
042 C000000   0
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000      0
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  0.000
048 A010000   200000
048 A020000 0.550
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   200000
048 K020000 0.500
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
<PAGE>

      PAGE  14
054 G000000 N
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 Y
054 M000000 Y
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 N
060 B000000 N
061  000000        0
062 A000000 Y
062 B000000   0.0
062 C000000   0.0
062 D000000   2.0
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   0.0
062 M000000  22.1
062 N000000   0.0
062 O000000   0.0
062 P000000   0.0
062 Q000000  73.6
062 R000000   0.0
063 A000000   0
063 B000000  6.5
064 A000000 N
064 B000000 N
066 A000000 N
067  000000 N
068 A000000 N
068 B000000 Y
069  000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
<PAGE>

      PAGE  15
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
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     63764
071 B000000     62033
071 C000000    149128
071 D000000   42
072 A000000  6
072 B000000     7106
072 C000000        1
072 D000000        0
072 E000000        0
072 F000000      496
072 G000000      226
072 H000000        0
072 I000000        9
072 J000000       19
072 K000000        8
072 L000000       70
072 M000000        5
072 N000000       16
072 O000000        0
072 P000000        0
072 Q000000        0
<PAGE>

      PAGE  16
072 R000000       12
072 S000000      168
072 T000000        0
072 U000000        0
072 V000000        0
072 W000000        1
072 X000000     1030
072 Y000000        0
072 Z000000     6077
072AA000000     2096
072BB000000     2222
072CC010000      136
072CC020000        0
072DD010000     6853
072DD020000        0
072EE000000        0
073 A010000   0.3000
073 A020000   0.0000
073 B000000   0.0000
073 C000000   0.0000
074 A000000        1
074 B000000     3670
074 C000000        0
074 D000000   173601
074 E000000        0
074 F000000        0
074 G000000        0
074 H000000        0
074 I000000        0
074 J000000      214
074 K000000        0
074 L000000     5567
074 M000000      218
074 N000000   183271
074 O000000        0
074 P000000      112
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000     1703
074 S000000        0
074 T000000   181456
074 U010000    22843
074 U020000        0
074 V010000     7.94
074 V020000     0.00
074 W000000   0.0000
074 X000000     4173
074 Y000000        0
075 A000000        0
<PAGE>

      PAGE  17
075 B000000   182049
076  000000     7.50
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
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
087 A010000 COMMON
087 A020000 879929107
087 A030000 TGG
088 A000000 N
088 B000000 N
088 C000000 N
088 D000000 N
SIGNATURE   /s/JAMES R. BAIO                                
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the
Templeton Global Government Income Trust February 28, 1998 Semi-annual
report and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000841191
<NAME> TEMPLETON GLOBAL GOVERNMENT INCOME TRUST
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          AUG-31-1998
<PERIOD-END>                               FEB-28-1998
<INVESTMENTS-AT-COST>                        176812960
<INVESTMENTS-AT-VALUE>                       173600561
<RECEIVABLES>                                  9450555
<ASSETS-OTHER>                                  219514
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               183270630
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      1814934
<TOTAL-LIABILITIES>                            1814934
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     187310434
<SHARES-COMMON-STOCK>                         22842821
<SHARES-COMMON-PRIOR>                         22842821
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       (1918459)
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                      (561202)
<ACCUM-APPREC-OR-DEPREC>                     (3375077)
<NET-ASSETS>                                 181455696
<DIVIDEND-INCOME>                                 1435
<INTEREST-INCOME>                              7105761
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (1030667)
<NET-INVESTMENT-INCOME>                        6076529
<REALIZED-GAINS-CURRENT>                      (126290)
<APPREC-INCREASE-CURRENT>                       135639
<NET-CHANGE-FROM-OPS>                          6085878
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (6852846)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        (766968)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                      (1142142)
<OVERDIST-NET-GAINS-PRIOR>                    (434912)
<GROSS-ADVISORY-FEES>                         (496520)
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              (1030667)
<AVERAGE-NET-ASSETS>                         182048925
<PER-SHARE-NAV-BEGIN>                             7.98
<PER-SHARE-NII>                                   0.27
<PER-SHARE-GAIN-APPREC>                         (0.01)
<PER-SHARE-DIVIDEND>                            (0.30)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               7.94
<EXPENSE-RATIO>                                   1.14<F1>
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
<FN>
<F1>Expense ratio is annualized.
</FN>
        

</TABLE>


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