<ARTICLE> 6
<MULTIPLIER> 1,000

                                                  
<PERIOD-TYPE>                   12-MOS                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999             DEC-31-1999
<PERIOD-END>                               DEC-31-1999             JUN-30-2000
<INVESTMENTS-AT-COST>                          196,177                 240,359
<INVESTMENTS-AT-VALUE>                         590,459                 671,720
<RECEIVABLES>                                      369                     214
<ASSETS-OTHER>                                     215                     134
<OTHER-ITEMS-ASSETS>                                 0                       0
<TOTAL-ASSETS>                                 591,043                 672,068
<PAYABLE-FOR-SECURITIES>                             0                     747
<SENIOR-LONG-TERM-DEBT>                              0                       0
<OTHER-ITEMS-LIABILITIES>                          387                     214
<TOTAL-LIABILITIES>                                387                     961
<SENIOR-EQUITY>                                      0                       0
<PAID-IN-CAPITAL-COMMON>                       177,226                 177,226
<SHARES-COMMON-STOCK>                           16,851                  16,844
<SHARES-COMMON-PRIOR>                           14,861                  16,851
<ACCUMULATED-NII-CURRENT>                          107                   2,138
<OVERDISTRIBUTION-NII>                               0                       0
<ACCUMULATED-NET-GAINS>                          7,429                  48,978
<OVERDISTRIBUTION-GAINS>                             0                       0
<ACCUM-APPREC-OR-DEPREC>                       394,282                 431,362
<NET-ASSETS>                                   590,656                 671,107
<DIVIDEND-INCOME>                                4,230                   2,155
<INTEREST-INCOME>                                2,543                   1,654
<OTHER-INCOME>                                       0                       1
<EXPENSES-NET>                                   2,255                     812
<NET-INVESTMENT-INCOME>                          4,518                   2,998
<REALIZED-GAINS-CURRENT>                        43,206                  49,004
<APPREC-INCREASE-CURRENT>                       92,532                  37,079
<NET-CHANGE-FROM-OPS>                          140,256                  89,081
<EQUALIZATION>                                       0                       0
<DISTRIBUTIONS-OF-INCOME>                        4,521                     967
<DISTRIBUTIONS-OF-GAINS>                        37,367                   7,455
<DISTRIBUTIONS-OTHER>                                0                       0
<NUMBER-OF-SHARES-SOLD>                              0                       0
<NUMBER-OF-SHARES-REDEEMED>                          0                       0
<SHARES-REINVESTED>                            860,166                       0
<NET-CHANGE-IN-ASSETS>                         860,166                       0
<ACCUMULATED-NII-PRIOR>                            106                     870
<ACCUMULATED-GAINS-PRIOR>                        1,591                  13,240
<OVERDISTRIB-NII-PRIOR>                              0                       0
<OVERDIST-NET-GAINS-PRIOR>                           0                       0
<GROSS-ADVISORY-FEES>                                0                       0
<INTEREST-EXPENSE>                                   0                       0
<GROSS-EXPENSE>                                  2,255                     812
<AVERAGE-NET-ASSETS>                           512,824                 653,729
<PER-SHARE-NAV-BEGIN>                            31.43                   35.05
<PER-SHARE-NII>                                   0.30                    0.18
<PER-SHARE-GAIN-APPREC>                           5.96                    5.11
<PER-SHARE-DIVIDEND>                              0.30                    0.06
<PER-SHARE-DISTRIBUTIONS>                         2.34                    0.44
<RETURNS-OF-CAPITAL>                              0.00                    0.00
<PER-SHARE-NAV-END>                              35.05                   39.84
<EXPENSE-RATIO>                                   0.45                    0.25