<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited consolidated financial statements of Berthel Growth & Income Trust I
as of September 30, 2000, and the nine months ended September 30, 2000, and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> SEP-30-2000
<CASH> 414,050
<SECURITIES> 16,394,778
<RECEIVABLES> 130,191
<ALLOWANCES> 0
<INVENTORY> 0
<CURRENT-ASSETS> 0
<PP&E> 0
<DEPRECIATION> 0
<TOTAL-ASSETS> 17,229,285
<CURRENT-LIABILITIES> 2,295,204
<BONDS> 9,150,000
0
0
<COMMON> 0
<OTHER-SE> 5,784,081<F1>
<TOTAL-LIABILITY-AND-EQUITY> 0
<SALES> 0
<TOTAL-REVENUES> 796,567
<CGS> 0
<TOTAL-COSTS> 0
<OTHER-EXPENSES> 977,956
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 0
<INCOME-PRETAX> 332,385
<INCOME-TAX> 0
<INCOME-CONTINUING> 332,385
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 332,385
<EPS-BASIC> 31.53<F2>
<EPS-DILUTED> 31.53
<FN>
<F1>Net Assets
<F2>Net Income per Beneficial Share Based on Weighted Average Shares Outstanding
which was 10,541.
</FN>
</TABLE>