<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> 6467930
<INVESTMENTS-AT-VALUE> 6429989
<RECEIVABLES> 110792
<ASSETS-OTHER> 15517
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 6556298
<PAYABLE-FOR-SECURITIES> 250083
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 61832
<TOTAL-LIABILITIES> 311915
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6514148
<SHARES-COMMON-STOCK> 642868
<SHARES-COMMON-PRIOR> 712840
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (223669)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (46096)
<NET-ASSETS> 6223385
<DIVIDEND-INCOME> 2704
<INTEREST-INCOME> 194474
<OTHER-INCOME> 0
<EXPENSES-NET> 42881
<NET-INVESTMENT-INCOME> 154297
<REALIZED-GAINS-CURRENT> (82396)
<APPREC-INCREASE-CURRENT> 51399
<NET-CHANGE-FROM-OPS> 123300
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (154002)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9849
<NUMBER-OF-SHARES-REDEEMED> 91083
<SHARES-REINVESTED> 11262
<NET-CHANGE-IN-ASSETS> (685183)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 19766
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 72216
<AVERAGE-NET-ASSETS> 6584563
<PER-SHARE-NAV-BEGIN> 9.72
<PER-SHARE-NII> .23
<PER-SHARE-GAIN-APPREC> (.04)
<PER-SHARE-DIVIDEND> (.23)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.68
<EXPENSE-RATIO> 1.30<F1>
<FN>
<F1>Ratio is annualized
</FN>
</TABLE>
