WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000876980
<NAME> TRUST 7
<SERIES>
<NUMBER> 1
<NAME> LNEF - Z
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-2000
<PERIOD-START> SEP-01-1999
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST>11475
<INVESTMENTS-AT-VALUE> 12143
<RECEIVABLES> 186
<ASSETS-OTHER> 39
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 13615
<PAYABLE-FOR-SECURITIES>144
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 85
<TOTAL-LIABILITIES> 229
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON>12981
<SHARES-COMMON-STOCK>35
<SHARES-COMMON-PRIOR> 1
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (69)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (189)
<ACCUM-APPREC-OR-DEPREC> 668
<NET-ASSETS> 13386
<DIVIDEND-INCOME>77
<INTEREST-INCOME> 47
<OTHER-INCOME> 0
<EXPENSES-NET> 152
<NET-INVESTMENT-INCOME>(28)
<REALIZED-GAINS-CURRENT> (249)
<APPREC-INCREASE-CURRENT> 499
<NET-CHANGE-FROM-OPS> 222
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2
<NUMBER-OF-SHARES-REDEEMED>(469)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 8219
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 17
<OVERDISTRIB-NII-PRIOR> (29)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 55
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 273
<AVERAGE-NET-ASSETS>8419
<PER-SHARE-NAV-BEGIN> 10.33
<PER-SHARE-NII> (.001)
<PER-SHARE-GAIN-APPREC>1.501
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.83
<EXPENSE-RATIO> 1.50
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>