<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 11
<NAME> PENN VALUE
<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> 105,523,579
<INVESTMENTS-AT-VALUE> 110,914,329
<RECEIVABLES> 1,860,175
<ASSETS-OTHER> 1,330
<OTHER-ITEMS-ASSETS> 101,504
<TOTAL-ASSETS> 112,877,338
<PAYABLE-FOR-SECURITIES> 1,029,876
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 302,044
<TOTAL-LIABILITIES> 1,331,920
<SENIOR-EQUITY> 45,000,000
<PAID-IN-CAPITAL-COMMON> 65,622,563
<SHARES-COMMON-STOCK> 4,468,924
<SHARES-COMMON-PRIOR> 4,468,924
<ACCUMULATED-NII-CURRENT> 279,312
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (4,747,207)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,390,750
<NET-ASSETS> 111,545,418
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,358,055
<OTHER-INCOME> 0
<EXPENSES-NET> (1,241,018)
<NET-INVESTMENT-INCOME> 5,117,037
<REALIZED-GAINS-CURRENT> 70,018
<APPREC-INCREASE-CURRENT> 2,268,712
<NET-CHANGE-FROM-OPS> 7,455,767
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,349,545)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 2,106,222
<ACCUMULATED-NII-PRIOR> 511,820
<ACCUMULATED-GAINS-PRIOR> (4,817,225)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 712,303
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,241,018
<AVERAGE-NET-ASSETS> 64,554,697
<PER-SHARE-NAV-BEGIN> 14.42
<PER-SHARE-NII> 1.15
<PER-SHARE-GAIN-APPREC> 0.52
<PER-SHARE-DIVIDEND> (1.20)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 14.89
<EXPENSE-RATIO> 1.92
</TABLE>