PRINCIPAL SPECIAL MARKETS FUND INC
NSAR-A, EX-27.ISP, 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>                       48,921,154
<INVESTMENTS-AT-VALUE>                      57,967,447
<RECEIVABLES>                                1,129,011
<ASSETS-OTHER>                                     109
<OTHER-ITEMS-ASSETS>                           227,346
<TOTAL-ASSETS>                              59,323,913
<PAYABLE-FOR-SECURITIES>                     1,364,170
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        4,234
<TOTAL-LIABILITIES>                          1,368,404
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    44,507,736
<SHARES-COMMON-STOCK>                        3,442,165
<SHARES-COMMON-PRIOR>                        3,686,143
<ACCUMULATED-NII-CURRENT>                      248,330
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      4,149,153
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     9,050,290
<NET-ASSETS>                                57,955,509
<DIVIDEND-INCOME>                              574,149
<INTEREST-INCOME>                               77,675
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (262,870)
<NET-INVESTMENT-INCOME>                              0
<REALIZED-GAINS-CURRENT>                     4,723,552
<APPREC-INCREASE-CURRENT>                  (4,288,023)
<NET-CHANGE-FROM-OPS>                          824,483
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (100,549)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         38,282
<NUMBER-OF-SHARES-REDEEMED>                  (286,389)
<SHARES-REINVESTED>                              4,129
<NET-CHANGE-IN-ASSETS>                     (3,385,457)
<ACCUMULATED-NII-PRIOR>                       (20,992)
<ACCUMULATED-GAINS-PRIOR>                    (593,482)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          262,870
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                262,870
<AVERAGE-NET-ASSETS>                        59,370,451
<PER-SHARE-NAV-BEGIN>                            16.64
<PER-SHARE-NII>                                    .11
<PER-SHARE-GAIN-APPREC>                            .12
<PER-SHARE-DIVIDEND>                             (.03)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.84
<EXPENSE-RATIO>                                    .90


</TABLE>


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