<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 11
<NAME> NEW JERSEY VALUE MUNI
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 57,787,952
<INVESTMENTS-AT-VALUE> 60,405,756
<RECEIVABLES> 991,727
<ASSETS-OTHER> 1,495
<OTHER-ITEMS-ASSETS> 29,055
<TOTAL-ASSETS> 61,428,033
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 242,852
<TOTAL-LIABILITIES> 242,852
<SENIOR-EQUITY> 25,000,000
<PAID-IN-CAPITAL-COMMON> 36,545,665
<SHARES-COMMON-STOCK> 2,499,940
<SHARES-COMMON-PRIOR> 2,499,940
<ACCUMULATED-NII-CURRENT> 185,328
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3,163,616)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,617,804
<NET-ASSETS> 61,185,181
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,490,646
<OTHER-INCOME> 0
<EXPENSES-NET> (713,306)
<NET-INVESTMENT-INCOME> 2,777,340
<REALIZED-GAINS-CURRENT> (39,098)
<APPREC-INCREASE-CURRENT> 1,419,483
<NET-CHANGE-FROM-OPS> 4,157,725
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,021,753)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,135,972
<ACCUMULATED-NII-PRIOR> 429,741
<ACCUMULATED-GAINS-PRIOR> (3,124,518)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 390,999
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 713,478
<AVERAGE-NET-ASSETS> 34,925,866
<PER-SHARE-NAV-BEGIN> 14.020
<PER-SHARE-NII> 1.110
<PER-SHARE-GAIN-APPREC> 0.550
<PER-SHARE-DIVIDEND> (1.210)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 14.470
<EXPENSE-RATIO> 2.04
</TABLE>