U.S. Securities and Exchange Commission
                                  Washington, D.C.

                                        FORM 4

                      STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section
17(a) of the Public Utility Holding Company Act or 1935 or Section 30(f) of the
Investment Company Act of 1940.

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1.  Name and Address of Reporting Person

    OTR - Nominee Name for The State Teachers Retirement Board of Ohio
    275 East Broad Street
    Columbus, Ohio  43215
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2.  Issuer Name and Ticker or Trading Symbol

    FORGN&CLNL EMRG MDDL EAST FD (EME.N)
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3.  IRS or Social Security Number of Reporting Person

    31-1312155
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4.  Statement for Month/Year

    11/30/00
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5.  If Amendment, Date of Original (Month/Year)

    N/A
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6.  Relationship of Reporting Person(s) to Issuer (Check all applicable)
     ( ) Director   (X) 10% Owner     ( ) Officer (give title below)
     ( ) Other
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_______________________________________________________________________________
TABLE 1  - Non-Derivative Securities Acquired, Disposed of, or Beneficially
           Owned
_________________________________________________________________________________________________________________
_________________________________________________________________________________________________________________
|1 Title of Security   |2 Trans-  |3 Trans- |4 Securities Acquired     |5 Amount of    |6 Ownership |7 Nature of
|  (Instruction 3)     | action   | action  | (A) or Disposed of (D)   | Securities    | Form:      | Beneficial
|                      | Date     | Code    |                          | Beneficially  | Direct (D) | Ownership
|                      | (Month/  |(Instr 8)|--------------------------| Owned at End  | or         |
|                      | Day/     |         |  Amount   |(A)| Price    | of Issuer's   |Indirect(I) |
|                      | Year)    |         |           |(D)|          | Fiscal Year   |            |
|----------------------|----------|---------|-----------|---|----------|---------------|------------|------------
                                                                             
FOREIGN & COLONIAL MIDD| 11/01/00 |         |   409,300 | D |   11.2500|        533,527|  D         | 10%
_________________________________________________________________________________________________________________

**7.  Nature of Direct Beneficial Ownership
The securities above were acquired in the ordinary course of business and were
not acquired for the purpose or, and do not have the effect of, changing or
influencing the control of the issuer of such securities, and were not acquired
in connection with, or as a participant in, any transaction having such purposes
or effect.




SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

DATED:     11/30/00

OTR - Nominee Name for The State Teachers Retirement Board of Ohio
275 East Broad Street
Columbus, Ohio  43215
STEPHEN A. MITCHELL
/s/Stephen A. Mitchell
 ...........................................
Stephen A. Mitchell
Deputy Executive Director, Investments
614-227-4003