<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-2001
<PERIOD-END> JUL-31-2000
<INVESTMENTS-AT-COST> 121746930
<INVESTMENTS-AT-VALUE> 123765871
<RECEIVABLES> 1392198
<ASSETS-OTHER> 10330
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 125168399
<PAYABLE-FOR-SECURITIES> 1953183
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 114682
<TOTAL-LIABILITIES> 2067865
<SENIOR-EQUITY> 43500000
<PAID-IN-CAPITAL-COMMON> 80531021
<SHARES-COMMON-STOCK> 5756267
<SHARES-COMMON-PRIOR> 5756267
<ACCUMULATED-NII-CURRENT> 848449
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (3797877)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2018941
<NET-ASSETS> 123100534
<DIVIDEND-INCOME> 33721
<INTEREST-INCOME> 4048075
<OTHER-INCOME> 0
<EXPENSES-NET> 475683
<NET-INVESTMENT-INCOME> 3606113
<REALIZED-GAINS-CURRENT> (1081323)
<APPREC-INCREASE-CURRENT> 4408318
<NET-CHANGE-FROM-OPS> 6933108
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3142893<F1>
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3790215
<ACCUMULATED-NII-PRIOR> 385229
<ACCUMULATED-GAINS-PRIOR> (2716554)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 208098
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 475683
<AVERAGE-NET-ASSETS> 120700007
<PER-SHARE-NAV-BEGIN> 13.17
<PER-SHARE-NII> .63
<PER-SHARE-GAIN-APPREC> .58
<PER-SHARE-DIVIDEND> .55<F2>
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.83
<EXPENSE-RATIO> 0.79
<FN>
<F1>TAG 42 - INCOME DISTRIBUTION TO COMMON = 2279482; TO PREFERRED = 863411
<F2>TAG 60 - INCOME DISTRIBUTION PER SHARE TO COMMON = .40; TO PREFERRED =.15
</FN>
</TABLE>