<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> OCT-31-1999
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 75,815,181
<INVESTMENTS-AT-VALUE> 83,994,569
<RECEIVABLES> 1,962,732
<ASSETS-OTHER> 104,935
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 86,062,236
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 195,229
<TOTAL-LIABILITIES> 195,229
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 58,415,053
<SHARES-COMMON-STOCK> 5,679,736
<SHARES-COMMON-PRIOR> 5,423,325
<ACCUMULATED-NII-CURRENT> 91,551
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 19,181,015
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 8,179,388
<NET-ASSETS> 85,867,007
<DIVIDEND-INCOME> 501,618
<INTEREST-INCOME> 108,798
<OTHER-INCOME> 0
<EXPENSES-NET> 399,911
<NET-INVESTMENT-INCOME> 210,505
<REALIZED-GAINS-CURRENT> 19,120,961
<APPREC-INCREASE-CURRENT> (18,482,223)
<NET-CHANGE-FROM-OPS> 849,243
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (638,645)
<DISTRIBUTIONS-OF-GAINS> (13,358,322)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 109,124
<NUMBER-OF-SHARES-REDEEMED> 803,687
<SHARES-REINVESTED> 950,972
<NET-CHANGE-IN-ASSETS> (9,822,088)
<ACCUMULATED-NII-PRIOR> 305,724
<ACCUMULATED-GAINS-PRIOR> 6,222,998
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 334,429
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 399,911
<AVERAGE-NET-ASSETS> 89,167
<PER-SHARE-NAV-BEGIN> 17.64
<PER-SHARE-NII> .04
<PER-SHARE-GAIN-APPREC> .07
<PER-SHARE-DIVIDEND> (.12)
<PER-SHARE-DISTRIBUTIONS> (2.51)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.12
<EXPENSE-RATIO> .45
</TABLE>