PREMIER CALIFORNIA INSURED MUNICIPAL BOND FUND
NSAR-A, 1995-03-28
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<PAGE>      PAGE  1
000 A000000 01/31/95
000 C000000 0000902976
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 PREMIER INSURED MUNICIPAL BOND FUND
001 B000000 811-7682
001 C000000 2129226805
002 A000000 200 PARK AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10166
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  6
007 C010100  1
007 C020100 NATIONAL SERIES
007 C030100 N
007 C010200  2
007 C020200 CALIFORNIA SERIES
007 C030200 N
007 C010300  3
007 C020300 CONNECTICUT SERIES
007 C030300 N
007 C010400  4
007 C020400 FLORIDA SERIES
007 C030400 N
007 C010500  5
007 C020500 NEW JERSEY SERIES
007 C030500 N
007 C010600  6
007 C020600 NEW YORK SERIES
007 C030600 N
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
011 A00AA01 PREMIER MUTUAL FUND SERVICES, INC.
011 B00AA01 8-47312
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02109
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 NEW YORK
<PAGE>      PAGE  2
013 B02AA01 NY
013 B03AA01 10019
015 A00AA01 THE BANK OF NEW YORK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10286
015 E01AA01 X
015 A00AA02 BANKERS TRUST COMPANY
015 B00AA02 S
015 C01AA02 NEW YORK
015 C02AA02 NY
015 C03AA02 10015
015 E01AA02 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00  153
019 C00AA00 DREYFUSFAM
020 C000001      0
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        0
022 A000001 PAINEWEBBER INCORPORATED
022 B000001 13-2638166
022 C000001     27350
022 D000001     22700
022 A000002 REINOSO AND COMPANY, INCORPORATED
022 B000002 13-3318919
022 C000002      9836
022 D000002      2654
022 A000003 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
022 B000003 13-2741729
022 C000003      3000
022 D000003      3700
022 A000004 BT SECURITIES CORPORATION
022 B000004 13-3131014
022 C000004      1000
022 D000004      3500
022 A000005 BEAR, STEARNS & CO. INC.
022 B000005 13-3299429
022 C000005      2372
022 D000005         0
022 A000006 SHAWMUT BANK, N.A.
022 B000006 04-1654298
<PAGE>      PAGE  3
022 C000006      2189
022 D000006         0
022 A000007 FLEET SECURITIES, INC.
022 B000007 13-3217611
022 C000007      1995
022 D000007         0
022 A000008 CLAYTON BROWN & ASSOCIATES, INC.
022 B000008 36-2637238
022 C000008      1940
022 D000008         0
022 A000009 LEHMAN BROTHERS INC.
022 B000009 13-2518466
022 C000009      1876
022 D000009         0
022 A000010 HANIFEN, IMHOFF INC.
022 B000010 84-0503513
022 C000010      1256
022 D000010         0
023 C000000      58731
023 D000000      33316
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039  00AA00 N
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055 A00AA00 Y
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057  00AA00 N
<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  17
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030 B000600  4.50
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<PAGE>      PAGE  20
031 A000600      4
031 B000600      0
032  000600     53
033  000600      0
034  000600 Y
035  000600      2
036 A000600 N
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042 A000600   0
042 B000600   0
042 C000600 100
042 D000600   0
042 E000600   0
042 F000600   0
042 G000600   0
042 H000600   0
043  000600      7
044  000600      0
062 A000600 Y
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062 C000600   0.0
062 D000600   0.0
062 E000600   0.0
062 F000600   0.0
062 G000600   0.0
062 H000600   0.0
062 I000600   0.0
062 J000600   0.0
062 K000600   0.0
062 L000600   0.0
062 M000600   0.0
062 N000600   0.0
062 O000600  77.7
062 P000600   0.0
062 Q000600   0.0
062 R000600   0.0
063 A000600   0
063 B000600 27.1
064 A000600 Y
064 B000600 N
071 A000600      1347
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071 C000600      4754
071 D000600    4
072 A000600  6
072 B000600      162
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<PAGE>      PAGE  21
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072 X000600       55
072 Y000600       48
072 Z000600      155
072AA000600        0
072BB000600       13
072CC010600        0
072CC020600      167
072DD010600       78
072DD020600       77
072EE000600        0
073 A010600   0.3618
073 A020600   0.3308
073 B000600   0.0000
073 C000600   0.0000
074 A000600     1208
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074 D000600     4857
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<PAGE>      PAGE  22
074 S000600        0
074 T000600     6251
074 U010600      232
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074 V010600    12.28
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074 W000600   0.0000
074 X000600      186
074 Y000600        0
075 A000600        0
075 B000600     2598
076  000600     0.00
SIGNATURE   FREDERICK C. DEY                             
TITLE       ASSISTANT TREASURER 
 


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<CIK> 0000902976
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<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
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</TABLE>

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</TABLE>

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<GROSS-ADVISORY-FEES>                               24
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     71
<AVERAGE-NET-ASSETS>                              4347
<PER-SHARE-NAV-BEGIN>                            12.94
<PER-SHARE-NII>                                    .38
<PER-SHARE-GAIN-APPREC>                          (.46)
<PER-SHARE-DIVIDEND>                               .38
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.48
<EXPENSE-RATIO>                                      0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 7
   <NAME> NATIONAL SERIES - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1995
<PERIOD-END>                               JAN-31-1995
<INVESTMENTS-AT-COST>                            12245
<INVESTMENTS-AT-VALUE>                           12231
<RECEIVABLES>                                      180
<ASSETS-OTHER>                                     134
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   12545
<PAYABLE-FOR-SECURITIES>                          1000
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           34
<TOTAL-LIABILITIES>                               1034
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         11525
<SHARES-COMMON-STOCK>                              452
<SHARES-COMMON-PRIOR>                              258
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          (14)
<NET-ASSETS>                                      5645
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  265
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                      11
<NET-INVESTMENT-INCOME>                            254
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                        (101)
<NET-CHANGE-FROM-OPS>                              153
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          121
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            228
<NUMBER-OF-SHARES-REDEEMED>                         41
<SHARES-REINVESTED>                                  7
<NET-CHANGE-IN-ASSETS>                            5643
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               24
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     71
<AVERAGE-NET-ASSETS>                              4293
<PER-SHARE-NAV-BEGIN>                            12.95
<PER-SHARE-NII>                                    .35
<PER-SHARE-GAIN-APPREC>                          (.46)
<PER-SHARE-DIVIDEND>                               .35
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.49
<EXPENSE-RATIO>                                   .005
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 5
   <NAME> NEW JERSEY SERIES - CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1995
<PERIOD-END>                               JAN-31-1995
<INVESTMENTS-AT-COST>                             4733
<INVESTMENTS-AT-VALUE>                            4751
<RECEIVABLES>                                      198
<ASSETS-OTHER>                                    1359
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    6308
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           25
<TOTAL-LIABILITIES>                                 25
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          6333
<SHARES-COMMON-STOCK>                              238
<SHARES-COMMON-PRIOR>                              184
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           (67)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                            17
<NET-ASSETS>                                      2904
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  146
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       7
<NET-INVESTMENT-INCOME>                            139
<REALIZED-GAINS-CURRENT>                          (67)
<APPREC-INCREASE-CURRENT>                          (1)
<NET-CHANGE-FROM-OPS>                               71
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           70
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            127
<NUMBER-OF-SHARES-REDEEMED>                         76
<SHARES-REINVESTED>                                  3
<NET-CHANGE-IN-ASSETS>                            1592
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               14
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     46
<AVERAGE-NET-ASSETS>                              2334
<PER-SHARE-NAV-BEGIN>                            12.58
<PER-SHARE-NII>                                    .37
<PER-SHARE-GAIN-APPREC>                          (.39)
<PER-SHARE-DIVIDEND>                             (.37)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.19
<EXPENSE-RATIO>                                      0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 11
   <NAME> NEW JERSEY SERIES - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1995
<PERIOD-END>                               JAN-31-1995
<INVESTMENTS-AT-COST>                             4733
<INVESTMENTS-AT-VALUE>                            4751
<RECEIVABLES>                                      198
<ASSETS-OTHER>                                    1359
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    6308
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           25
<TOTAL-LIABILITIES>                                 25
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          6333
<SHARES-COMMON-STOCK>                              277
<SHARES-COMMON-PRIOR>                              187
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           (67)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                            17
<NET-ASSETS>                                      3379
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  146
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       7
<NET-INVESTMENT-INCOME>                            139
<REALIZED-GAINS-CURRENT>                          (67)
<APPREC-INCREASE-CURRENT>                          (1)
<NET-CHANGE-FROM-OPS>                               71
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           69
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            145
<NUMBER-OF-SHARES-REDEEMED>                         58
<SHARES-REINVESTED>                                  2
<NET-CHANGE-IN-ASSETS>                            1592
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               14
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     46
<AVERAGE-NET-ASSETS>                              2543
<PER-SHARE-NAV-BEGIN>                            12.58
<PER-SHARE-NII>                                    .34
<PER-SHARE-GAIN-APPREC>                          (.39)
<PER-SHARE-DIVIDEND>                             (.34)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.19
<EXPENSE-RATIO>                                   .005
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 6
   <NAME> NEW YORK SERIES - CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1995
<PERIOD-END>                               JAN-31-1995
<INVESTMENTS-AT-COST>                             5003
<INVESTMENTS-AT-VALUE>                            4857
<RECEIVABLES>                                      236
<ASSETS-OTHER>                                    1229
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    6322
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           71
<TOTAL-LIABILITIES>                                 71
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          6410
<SHARES-COMMON-STOCK>                              232
<SHARES-COMMON-PRIOR>                              161
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           (13)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         (146)
<NET-ASSETS>                                      2848
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  162
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       7
<NET-INVESTMENT-INCOME>                            155
<REALIZED-GAINS-CURRENT>                          (13)
<APPREC-INCREASE-CURRENT>                        (167)
<NET-CHANGE-FROM-OPS>                             (25)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           78
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            147
<NUMBER-OF-SHARES-REDEEMED>                       (79)
<SHARES-REINVESTED>                                  3
<NET-CHANGE-IN-ASSETS>                            1998
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               15
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     55
<AVERAGE-NET-ASSETS>                              2598
<PER-SHARE-NAV-BEGIN>                            12.79
<PER-SHARE-NII>                                    .36
<PER-SHARE-GAIN-APPREC>                          (.51)
<PER-SHARE-DIVIDEND>                             (.36)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.28
<EXPENSE-RATIO>                                      0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 12
   <NAME> NEW YORK SERIES - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1995
<PERIOD-END>                               JAN-31-1995
<INVESTMENTS-AT-COST>                             5003
<INVESTMENTS-AT-VALUE>                            4857
<RECEIVABLES>                                      236
<ASSETS-OTHER>                                    1229
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    6322
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           71
<TOTAL-LIABILITIES>                                 71
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          6410
<SHARES-COMMON-STOCK>                              277
<SHARES-COMMON-PRIOR>                              172
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           (13)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         (146)
<NET-ASSETS>                                      3403
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  162
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       7
<NET-INVESTMENT-INCOME>                            155
<REALIZED-GAINS-CURRENT>                          (13)
<APPREC-INCREASE-CURRENT>                        (167)
<NET-CHANGE-FROM-OPS>                             (25)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           77
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            169
<NUMBER-OF-SHARES-REDEEMED>                       (68)
<SHARES-REINVESTED>                                  4
<NET-CHANGE-IN-ASSETS>                            1998
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               15
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     55
<AVERAGE-NET-ASSETS>                              2893
<PER-SHARE-NAV-BEGIN>                            12.80
<PER-SHARE-NII>                                    .33
<PER-SHARE-GAIN-APPREC>                          (.50)
<PER-SHARE-DIVIDEND>                             (.33)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.30
<EXPENSE-RATIO>                                   .005
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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