EMERGING MARKETS INCOME FUND II INC
NSAR-B, EX-27, 2000-08-07
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902978
<NAME> THE EMERGING MARKETS INCOME FUND II INC.

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAY-31-2000
<PERIOD-END>                               MAY-31-2000
<INVESTMENTS-AT-COST>                      355,227,003
<INVESTMENTS-AT-VALUE>                     362,192,180
<RECEIVABLES>                               23,067,651
<ASSETS-OTHER>                                     518
<OTHER-ITEMS-ASSETS>                           238,263
<TOTAL-ASSETS>                             385,498,612
<PAYABLE-FOR-SECURITIES>                    30,569,875
<SENIOR-LONG-TERM-DEBT>                    100,000,000
<OTHER-ITEMS-LIABILITIES>                      869,204
<TOTAL-LIABILITIES>                        131,439,079
<SENIOR-EQUITY>                                 23,434
<PAID-IN-CAPITAL-COMMON>                   323,774,420
<SHARES-COMMON-STOCK>                       23,433,683
<SHARES-COMMON-PRIOR>                       23,165,622
<ACCUMULATED-NII-CURRENT>                      420,512
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                   (77,341,544)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     7,182,711
<NET-ASSETS>                               254,059,533
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           44,304,351
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              10,975,640
<NET-INVESTMENT-INCOME>                     33,328,710
<REALIZED-GAINS-CURRENT>                    10,223,710
<APPREC-INCREASE-CURRENT>                   21,148,019
<NET-CHANGE-FROM-OPS>                       64,700,440
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   38,496,993
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                            268,061
<NET-CHANGE-IN-ASSETS>                      29,052,551
<ACCUMULATED-NII-PRIOR>                      7,101,419
<ACCUMULATED-GAINS-PRIOR>                 (89,077,879)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        2,980,267
<INTEREST-EXPENSE>                           7,553,442
<GROSS-EXPENSE>                             10,975,640
<AVERAGE-NET-ASSETS>                       246,588,977
<PER-SHARE-NAV-BEGIN>                             9.71
<PER-SHARE-NII>                                   1.36
<PER-SHARE-GAIN-APPREC>                           1.41
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         1.65
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.84
<EXPENSE-RATIO>                                   4.45


</TABLE>


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