WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

 












                       
<PERIOD-TYPE>                6-MOS
<FISCAL-YEAR-END>                   Oct-31-2000
<PERIOD-END>                        APR-30-2000
<INVESTMENTS-AT-COST>               26,999,752
<INVESTMENTS-AT-VALUE>              27,818,228
<RECEIVABLES>                          506,879
<ASSETS-OTHER>                               0
<OTHER-ITEMS-ASSETS>                         0
<TOTAL-ASSETS>                      28,325,107
<PAYABLE-FOR-SECURITIES>                     0
<SENIOR-LONG-TERM-DEBT>                      0
<OTHER-ITEMS-LIABILITIES>              179,534
<TOTAL-LIABILITIES>                    179,534
<SENIOR-EQUITY>                      9,800,000
<PAID-IN-CAPITAL-COMMON>            18,095,310
<SHARES-COMMON-STOCK>                1,307,093
<SHARES-COMMON-PRIOR>                1,307,093
<ACCUMULATED-NII-CURRENT>              252,007
<OVERDISTRIBUTION-NII>                       0
<ACCUMULATED-NET-GAINS>               (820,220)
<OVERDISTRIBUTION-GAINS>                     0
<ACCUM-APPREC-OR-DEPREC>               818,476
<NET-ASSETS>                        18,345,573
<DIVIDEND-INCOME>                            0
<INTEREST-INCOME>                      818,583
<OTHER-INCOME>                               0
<EXPENSES-NET>                         113,913
<NET-INVESTMENT-INCOME>                704,670
<REALIZED-GAINS-CURRENT>              (161,054)
<APPREC-INCREASE-CURRENT>               53,523
<NET-CHANGE-FROM-OPS>                  597,139
<EQUALIZATION>                               0
<DISTRIBUTIONS-OF-INCOME>             (694,472)
<DISTRIBUTIONS-OF-GAINS>                     0
<DISTRIBUTIONS-OTHER>                        0
<NUMBER-OF-SHARES-SOLD>                      0
<NUMBER-OF-SHARES-REDEEMED>                  0
<SHARES-REINVESTED>                          0
<NET-CHANGE-IN-ASSETS>                 (97,333)
<ACCUMULATED-NII-PRIOR>                241,809
<ACCUMULATED-GAINS-PRIOR>             (659,166)
<OVERDISTRIB-NII-PRIOR>                      0
<OVERDIST-NET-GAINS-PRIOR>                   0
<GROSS-ADVISORY-FEES>                   49,291
<INTEREST-EXPENSE>                           0
<GROSS-EXPENSE>                        113,913
<AVERAGE-NET-ASSETS>                18,367,000
<PER-SHARE-NAV-BEGIN>                    14.11
<PER-SHARE-NII>                           0.54
<PER-SHARE-GAIN-APPREC>                  (0.08)
<PER-SHARE-DIVIDEND>                     (0.53)
<PER-SHARE-DISTRIBUTIONS>                 0.00
<RETURNS-OF-CAPITAL>                      0.00
<PER-SHARE-NAV-END>                      14.04
<EXPENSE-RATIO>                           1.21
[AVG-DEBT-OUTSTANDING]                       0
[AVG-DEBT-PER-SHARE]                      0.00