<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
unaudited consolidated financial statements of Berthel Growth & Income Trust I
as of March 31, 2000, and the three months ended March 31, 2000, and is
qualified in its entirety by reference to such financial statements.
</LEGEND>

                             
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-START>                             JAN-01-2000
<PERIOD-END>                               MAR-31-2000
<CASH>                                           4,290
<SECURITIES>                                15,337,366
<RECEIVABLES>                                  194,298
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                               0
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                              15,819,566
<CURRENT-LIABILITIES>                        1,852,857
<BONDS>                                      7,800,000
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                             0
<OTHER-SE>                                   6,166,709<F1>
<TOTAL-LIABILITY-AND-EQUITY>                         0
<SALES>                                              0
<TOTAL-REVENUES>                               254,391
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               130,214
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                             129,710
<INCOME-PRETAX>                                292,217
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                            292,217
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                   292,217
<EPS-BASIC>                                      27.72<F2>
<EPS-DILUTED>                                    27.72<F2>
<FN>
<F1>Net Assets
<F2>Net Income per Beneficial Share Based on Weighted Average Shares Outstanding
which was 10,541
</FN>