<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 11
<NAME> VALUE MUNICIPAL INCOME TRUST
<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> 534,346,510
<INVESTMENTS-AT-VALUE> 558,393,652
<RECEIVABLES> 12,904,574
<ASSETS-OTHER> 14,728
<OTHER-ITEMS-ASSETS> 170,051
<TOTAL-ASSETS> 571,483,005
<PAYABLE-FOR-SECURITIES> 6,706,261
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,095,545
<TOTAL-LIABILITIES> 7,801,806
<SENIOR-EQUITY> 225,000,000
<PAID-IN-CAPITAL-COMMON> 348,353,631
<SHARES-COMMON-STOCK> 23,555,115
<SHARES-COMMON-PRIOR> 23,555,115
<ACCUMULATED-NII-CURRENT> 1,118,895
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (34,838,469)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 24,047,142
<NET-ASSETS> 563,681,199
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 32,846,918
<OTHER-INCOME> 0
<EXPENSES-NET> (5,740,902)
<NET-INVESTMENT-INCOME> 27,106,016
<REALIZED-GAINS-CURRENT> 221,246
<APPREC-INCREASE-CURRENT> 14,439,835
<NET-CHANGE-FROM-OPS> 41,767,097
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (28,193,063)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 13,574,034
<ACCUMULATED-NII-PRIOR> 2,205,942
<ACCUMULATED-GAINS-PRIOR> (35,059,715)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,590,159
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5,740,902
<AVERAGE-NET-ASSETS> 324,186,368
<PER-SHARE-NAV-BEGIN> 13.80
<PER-SHARE-NII> 1.15
<PER-SHARE-GAIN-APPREC> 0.63
<PER-SHARE-DIVIDEND> (1.20)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 14.38
<EXPENSE-RATIO> 1.77
</TABLE>
