<ARTICLE> 6 <MULTIPLIER> 1,000 <CURRENCY> 0 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> NOV-30-1995 <PERIOD-START> DEC-1-1994 <PERIOD-END> NOV-30-1995 <EXCHANGE-RATE> 1 <INVESTMENTS-AT-COST> 50,904 <INVESTMENTS-AT-VALUE> 51,297 <RECEIVABLES> 0 <ASSETS-OTHER> 223 <OTHER-ITEMS-ASSETS> 78 <TOTAL-ASSETS> 51,598 <PAYABLE-FOR-SECURITIES> 0 <SENIOR-LONG-TERM-DEBT> 0 <OTHER-ITEMS-LIABILITIES> 315 <TOTAL-LIABILITIES> 315 <SENIOR-EQUITY> 0 <PAID-IN-CAPITAL-COMMON> 59,386 <SHARES-COMMON-STOCK> 100 <SHARES-COMMON-PRIOR> 100 <ACCUMULATED-NII-CURRENT> 6,844 <OVERDISTRIBUTION-NII> 0 <ACCUMULATED-NET-GAINS> 1,369 <OVERDISTRIBUTION-GAINS> 0 <ACCUM-APPREC-OR-DEPREC> 0 <NET-ASSETS> 51,283 <DIVIDEND-INCOME> 0 <INTEREST-INCOME> 9,437 <OTHER-INCOME> 0 <EXPENSES-NET> 3,962 <NET-INVESTMENT-INCOME> 5,475 <REALIZED-GAINS-CURRENT> 1,369 <APPREC-INCREASE-CURRENT> 254 <NET-CHANGE-FROM-OPS> (85,325) <EQUALIZATION> 0 <DISTRIBUTIONS-OF-INCOME> 3,231 <DISTRIBUTIONS-OF-GAINS> 0 <DISTRIBUTIONS-OTHER> 0 <NUMBER-OF-SHARES-SOLD> 100 <NUMBER-OF-SHARES-REDEEMED> 40 <SHARES-REINVESTED> 0 <NET-CHANGE-IN-ASSETS> (84,968) <ACCUMULATED-NII-PRIOR> 18,030 <ACCUMULATED-GAINS-PRIOR> 0 <OVERDISTRIB-NII-PRIOR> 0 <OVERDIST-NET-GAINS-PRIOR> 0 <GROSS-ADVISORY-FEES> 250 <INTEREST-EXPENSE> 0 <GROSS-EXPENSE> 3,962 <AVERAGE-NET-ASSETS> 119,785 <PER-SHARE-NAV-BEGIN> 2,040,000 <PER-SHARE-NII> 89,717 <PER-SHARE-GAIN-APPREC> 22,817 <PER-SHARE-DIVIDEND> 53,850 <PER-SHARE-DISTRIBUTIONS> 0 <RETURNS-OF-CAPITAL> 0 <PER-SHARE-NAV-END> 850,000 <EXPENSE-RATIO> 7.95 <AVG-DEBT-OUTSTANDING> 0 <AVG-DEBT-PER-SHARE> 0