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> 104,648,732
<INVESTMENTS-AT-VALUE> 121,298,041
<RECEIVABLES> 372,366
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 1,036,674
<TOTAL-ASSETS> 122,707,081
<PAYABLE-FOR-SECURITIES> 874,378
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 11,392
<TOTAL-LIABILITIES> 885,770
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 100,533,387
<SHARES-COMMON-STOCK> 9,848,581
<SHARES-COMMON-PRIOR> 9,796,386
<ACCUMULATED-NII-CURRENT> (1,415,411)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6,055,052
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 16,648,283
<NET-ASSETS> 121,821,311
<DIVIDEND-INCOME> 951,555
<INTEREST-INCOME> 111,714
<OTHER-INCOME> 0
<EXPENSES-NET> (726,385)
<NET-INVESTMENT-INCOME> 0
<REALIZED-GAINS-CURRENT> 10,107,085
<APPREC-INCREASE-CURRENT> (18,070,324)
<NET-CHANGE-FROM-OPS> (7,626,355)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (828,774)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 52,195
<NET-CHANGE-IN-ASSETS> (7,753,376)
<ACCUMULATED-NII-PRIOR> (850,091)
<ACCUMULATED-GAINS-PRIOR> (4,125,463)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 726,385
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 726,385
<AVERAGE-NET-ASSETS> 128,390,261
<PER-SHARE-NAV-BEGIN> 13.23
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> (.83)
<PER-SHARE-DIVIDEND> (.08)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.37
<EXPENSE-RATIO> 1.15
</TABLE>
