<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 36,823,059
<INVESTMENTS-AT-VALUE> 86,682,886
<RECEIVABLES> 648,316
<ASSETS-OTHER> 17,412,609
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 104,743,811
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 21,635,596
<OTHER-ITEMS-LIABILITIES> 306,846
<TOTAL-LIABILITIES> 21,942,442
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 26,968,537
<SHARES-COMMON-STOCK> 5,346,084
<SHARES-COMMON-PRIOR> 5,346,084
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 55,832,832
<NET-ASSETS> 82,801,369
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 653,655
<OTHER-INCOME> 11,538
<EXPENSES-NET> 1,556,329
<NET-INVESTMENT-INCOME> (891,136)
<REALIZED-GAINS-CURRENT> 6,908,989
<APPREC-INCREASE-CURRENT> (16,938,590)
<NET-CHANGE-FROM-OPS> (10,029,601)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (10,920,737)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 879,173
<GROSS-EXPENSE> 1,556,329
<AVERAGE-NET-ASSETS> 81,075,039
<PER-SHARE-NAV-BEGIN> 17.53
<PER-SHARE-NII> (0.17)
<PER-SHARE-GAIN-APPREC> (1.87)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.49
<EXPENSE-RATIO> 1.92
</TABLE>