<ARTICLE> 6 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> NOV-30-1994 <PERIOD-END> AUG-31-1994 <INVESTMENTS-AT-COST> 132,982,718 <INVESTMENTS-AT-VALUE> 134,195,945 <RECEIVABLES> 2,735,144 <ASSETS-OTHER> 396,805 <OTHER-ITEMS-ASSETS> 0 <TOTAL-ASSETS> 137,327,864 <PAYABLE-FOR-SECURITIES> 0 <SENIOR-LONG-TERM-DEBT> 0 <OTHER-ITEMS-LIABILITIES> 14,218,347 <TOTAL-LIABILITIES> 14,218,347 <SENIOR-EQUITY> 0 <PAID-IN-CAPITAL-COMMON> 59,385,584 <SHARES-COMMON-STOCK> 100 <SHARES-COMMON-PRIOR> 100 <ACCUMULATED-NII-CURRENT> 2,651,150 <OVERDISTRIBUTION-NII> 0 <ACCUMULATED-NET-GAINS> 0 <OVERDISTRIBUTION-GAINS> 0 <ACCUM-APPREC-OR-DEPREC> 0 <NET-ASSETS> 123,109,517 <DIVIDEND-INCOME> 0 <INTEREST-INCOME> 4,268,614 <OTHER-INCOME> 0 <EXPENSES-NET> 1,617,464 <NET-INVESTMENT-INCOME> 2,651,150 <REALIZED-GAINS-CURRENT> 0 <APPREC-INCREASE-CURRENT> (496,354) <NET-CHANGE-FROM-OPS> 2,651,150 <EQUALIZATION> 0 <DISTRIBUTIONS-OF-INCOME> 1,797,590 <DISTRIBUTIONS-OF-GAINS> 0 <DISTRIBUTIONS-OTHER> 0 <NUMBER-OF-SHARES-SOLD> 100 <NUMBER-OF-SHARES-REDEEMED> 40 <SHARES-REINVESTED> 0 <NET-CHANGE-IN-ASSETS> 1,651,395 <ACCUMULATED-NII-PRIOR> 3,386,942 <ACCUMULATED-GAINS-PRIOR> 0 <OVERDISTRIB-NII-PRIOR> 0 <OVERDIST-NET-GAINS-PRIOR> 0 <GROSS-ADVISORY-FEES> 0 <INTEREST-EXPENSE> 0 <GROSS-EXPENSE> 1,617,464 <AVERAGE-NET-ASSETS> 121,641,680 <PER-SHARE-NAV-BEGIN> 2,045,872 <PER-SHARE-NII> 14,226 <PER-SHARE-GAIN-APPREC> (8,273) <PER-SHARE-DIVIDEND> 2,397 <PER-SHARE-DISTRIBUTIONS> 0 <RETURNS-OF-CAPITAL> 0 <PER-SHARE-NAV-END> 2,051,825 <EXPENSE-RATIO> .013 <AVG-DEBT-OUTSTANDING> 10,139,574 <AVG-DEBT-PER-SHARE> 168,993