<ARTICLE> 6 <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-END> SEP-30-1998 <INVESTMENTS-AT-COST> 1,432,704 <INVESTMENTS-AT-VALUE> 2,277,014 <RECEIVABLES> 390,052 <ASSETS-OTHER> 0 <OTHER-ITEMS-ASSETS> 0 <TOTAL-ASSETS> 2,587,178 <PAYABLE-FOR-SECURITIES> 0 <SENIOR-LONG-TERM-DEBT> 0 <OTHER-ITEMS-LIABILITIES> 0 <TOTAL-LIABILITIES> 397,747 <SENIOR-EQUITY> 0 <PAID-IN-CAPITAL-COMMON> 0 <SHARES-COMMON-STOCK> 1,879 <SHARES-COMMON-PRIOR> 2,389 <ACCUMULATED-NII-CURRENT> 2,004,661 <OVERDISTRIBUTION-NII> 0 <ACCUMULATED-NET-GAINS> 86,134 <OVERDISTRIBUTION-GAINS> 0 <ACCUM-APPREC-OR-DEPREC> 0 <NET-ASSETS> 2,189,431 <DIVIDEND-INCOME> 0 <INTEREST-INCOME> 37,684 <OTHER-INCOME> 0 <EXPENSES-NET> 38,561 <NET-INVESTMENT-INCOME> 81,738 <REALIZED-GAINS-CURRENT> 28,466 <APPREC-INCREASE-CURRENT> 81,738 <NET-CHANGE-FROM-OPS> 28,466 <EQUALIZATION> 81,738 <DISTRIBUTIONS-OF-INCOME> (476,170) <DISTRIBUTIONS-OF-GAINS> 0 <DISTRIBUTIONS-OTHER> 0 <NUMBER-OF-SHARES-SOLD> 0 <NUMBER-OF-SHARES-REDEEMED> (286) <SHARES-REINVESTED> 0 <NET-CHANGE-IN-ASSETS> (103,244) <ACCUMULATED-NII-PRIOR> 0 <ACCUMULATED-GAINS-PRIOR> 0 <OVERDISTRIB-NII-PRIOR> 0 <OVERDIST-NET-GAINS-PRIOR> 0 <GROSS-ADVISORY-FEES> 6,194 <INTEREST-EXPENSE> 0 <GROSS-EXPENSE> 38,561 <AVERAGE-NET-ASSETS> 2,468,913 <PER-SHARE-NAV-BEGIN> 1,127.62 <PER-SHARE-NII> 37.47 <PER-SHARE-GAIN-APPREC> 0 <PER-SHARE-DIVIDEND> 0 <PER-SHARE-DISTRIBUTIONS> 0 <RETURNS-OF-CAPITAL> 0 <PER-SHARE-NAV-END> 1,165.09 <EXPENSE-RATIO> 1.56 <AVG-DEBT-OUTSTANDING> 0 <AVG-DEBT-PER-SHARE> 0