<ARTICLE> 6 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> SEP-30-1995 <INVESTMENTS-AT-COST> 11,678,800 <INVESTMENTS-AT-VALUE> 13,203,867 <RECEIVABLES> 0 <ASSETS-OTHER> 0 <OTHER-ITEMS-ASSETS> 611,401 <TOTAL-ASSETS> 13,815,268 <PAYABLE-FOR-SECURITIES> 0 <SENIOR-LONG-TERM-DEBT> 0 <OTHER-ITEMS-LIABILITIES> 475 <TOTAL-LIABILITIES> 475 <SENIOR-EQUITY> 55,889 <PAID-IN-CAPITAL-COMMON> 14,128,656 <SHARES-COMMON-STOCK> 5,588,906 <SHARES-COMMON-PRIOR> 5,588,906 <ACCUMULATED-NII-CURRENT> (704,040) <OVERDISTRIBUTION-NII> 0 <ACCUMULATED-NET-GAINS> (941,921) <OVERDISTRIBUTION-GAINS> 0 <ACCUM-APPREC-OR-DEPREC> 1,276,209 <NET-ASSETS> 13,814,793 <DIVIDEND-INCOME> 430,000 <INTEREST-INCOME> 80,931 <OTHER-INCOME> 102,500 <EXPENSES-NET> 547,097 <NET-INVESTMENT-INCOME> 66,334 <REALIZED-GAINS-CURRENT> (119,061) <APPREC-INCREASE-CURRENT> 3,473,311 <NET-CHANGE-FROM-OPS> 3,420,584 <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> 0 <ACCUMULATED-NII-PRIOR> (770,374) <ACCUMULATED-GAINS-PRIOR> (822,860) <OVERDISTRIB-NII-PRIOR> 0 <OVERDIST-NET-GAINS-PRIOR> 0 <GROSS-ADVISORY-FEES> 0 <INTEREST-EXPENSE> 0 <GROSS-EXPENSE> 0 <AVERAGE-NET-ASSETS> 0 <PER-SHARE-NAV-BEGIN> 1.86 <PER-SHARE-NII> .60 <PER-SHARE-GAIN-APPREC> 0 <PER-SHARE-DIVIDEND> 0 <PER-SHARE-DISTRIBUTIONS> 0 <RETURNS-OF-CAPITAL> 0 <PER-SHARE-NAV-END> 2.47 <EXPENSE-RATIO> 0 <AVG-DEBT-OUTSTANDING> 0 <AVG-DEBT-PER-SHARE> 0