<TABLE> <S> <C>
<ARTICLE> 6
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 128,348,419
<INVESTMENTS-AT-VALUE> 124,520,426
<RECEIVABLES> 13,614,012
<ASSETS-OTHER> 1,245
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 138,135,683
<PAYABLE-FOR-SECURITIES> 11,445,001
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 195,452
<TOTAL-LIABILITIES> 11,640,453
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 21,155,872
<SHARES-COMMON-PRIOR> 23,636,568
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 126,495,230
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,691,585
<OTHER-INCOME> 0
<EXPENSES-NET> 974,701
<NET-INVESTMENT-INCOME> 3,716,884
<REALIZED-GAINS-CURRENT> (863,836)
<APPREC-INCREASE-CURRENT> (633,779)
<NET-CHANGE-FROM-OPS> 2,219,269
<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> (12,371,094)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 209,591
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 974,701
<AVERAGE-NET-ASSETS> 130,624,343
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 1.57
</TABLE>