PRINCIPAL SPECIAL MARKETS FUND INC
NSAR-A, EX-27.ICP, 2000-08-16
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                      148,859,611
<INVESTMENTS-AT-VALUE>                     157,694,419
<RECEIVABLES>                                3,017,937
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                         1,768,740
<TOTAL-ASSETS>                             162,481,096
<PAYABLE-FOR-SECURITIES>                     7,080,826
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      322,903
<TOTAL-LIABILITIES>                          7,403,729
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   109,334,834
<SHARES-COMMON-STOCK>                        9,057,151
<SHARES-COMMON-PRIOR>                        8,223,111
<ACCUMULATED-NII-CURRENT>                      245,322
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     36,658,437
<OVERDISTRIBUTION-GAINS>                             0
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<DIVIDEND-INCOME>                              763,225
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<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (823,865)
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<REALIZED-GAINS-CURRENT>                    36,619,686
<APPREC-INCREASE-CURRENT>                 (36,718,442)
<NET-CHANGE-FROM-OPS>                          185,630
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                  (15,438,070)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
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<NET-CHANGE-IN-ASSETS>                         185,205
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                   15,437,757
<OVERDISTRIB-NII-PRIOR>                              0
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                823,865
<AVERAGE-NET-ASSETS>                       167,524,534
<PER-SHARE-NAV-BEGIN>                            18.84
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              17.12
<EXPENSE-RATIO>                                   1.00


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