Form N-1R public nature filed by the registrant with the Commission under any of the statutes administered by the Commission. To provide an affected registrant an opportunity to state to the Commission any objections it might have to the public disclosure of any information contained in Part II, unless such information is then a requirement of an existing rule or form requiring public disclosure or unless a proceeding has been commenced before the Commission or a court, the Commission shall notify such registrant in writing of its intention to make or require public disclosure thereof not less than five business days prior to the date of such public disclosure. Unless the context clearly indicates the contrary, terms used in the annual report have meanings as defined in the Investment Company Act of 1940 and the rules and regulations issued thereunder. In this connection, specific attention is called to the definition of "director" contained in Section 2(a) (12) of the Act as including, among others, any natural person who is a member of a board of trustees of a management investment company created as a common-law trust. In addition, the following definitions apply: Act: The term "Act" means the Investment Company Act of 1940. Depositor: The term "depositor" means the person or persons primarily responsible for the creation or the operation, or both, of an investment company not having a board of directors. It includes the person or persons, sometimes designated as the sponsor or manager of the investment company, who have continuing functions or responsibilities with respect to the administration of the affairs of the investment company, but does not include a trustee or custodian designated in accordance with the provisions of Section 26 of the Act unless the trustee or custodian is also the creator, sponsor, or manager of the investment company. Fiscal Year: The term "fiscal year" means the fiscal year of the registrant covered by the report. Investment Adviser: The term "investment adviser," as used herein, shall be defined as in Section 2(a) (20) of the Act and the applicable rules and regulations thereunder, except that, for the purposes of answering the items herein, the term shall also be deemed to include a corporate trustee rendering any services to the registrant of an investment advisory nature. Officer: The term "officer" means a president, vice president, treasurer, secretary, controller, and any other person who performs for an organization, whether incorporated or unincorporated, functions corresponding to those of a policy-making nature performed by the foregoing officers. Registrant: The term "registrant" means the management investment company filing this annual report or on whose behalf this report is filed. Subsidiary: The term "subsidiary" shall be defined as in Rule 1-02 of Regulation S-X promulgated by the Commission. Form N-1R FORM N-1R GENERAL INSTRUCTION APPLICABLE TO ANNUAL REPORTS FOR THE FISCAL YEAR BEGINNING This Instruction Shall Be Disregarded In Preparing Reports For All Other Fiscal Years In annual reports for the fiscal year beginning before, and ending after, December 14, 1971, the following items shall be answered in the manner specified, notwithstanding the provisions of such items: Item 1.11 The answer to Item 1.11 shall (a) apply to the period beginning December 14, 1971 or, if earlier, on the date on which the registrant reconstituted its board of directors to comply with the provisions of Section 10 of the Act as amended by the Investment Company Amendments Act of 1970 ("1970 Act"), and ending at the close of the fiscal year, (b) include a statement specifying such period covered by the answer, and (c) include a statement as to whether, prior to such period the registrant complied with the requirements of Section 10 of the Act as it was in effect prior to December 14, 1971. Item 1.19 If the board of directors of the registrant voted during the fiscal year to renew an investment advisory contract which was in effect for any period extending beyond December 13, 1971, the answers to Item 1.19 shall (a) apply to that vote, and (b) include in paragraph (d) of the item a statement as to the beginning and ending dates of the period for which such contract was renewed and whether, with respect to the entry into or renewal of any investment advisory contract which was in effect for the period prior to such beginning date, the registrant complied with the requirements of Section 15 of the Act as it was in effect prior to December 14, 1971. Item 1.38 If the board of directors of the registrant voted during the fiscal year to renew a principal underwriting contract which was in effect for any period extending beyond December 13, 1971, the answers to Item 1.38 shall (a) apply to that vote, and (b) include in paragraph (d) of the item a statement as to the beginning and ending dates of the period for which such contract was renewed and whether, with respect to the entry into or renewal of any principal underwriting contract which was in effect for the period prior to such beginning date, the registrant complied with the requirements of Section 15 of the Act as it was in effect prior to December 14, 1971. Item 2.01 In the answers to Item 2.01, the numbers of members of the board of directors and members of the executive committee set forth in tables (a) and (b) of that item shall include with respect to meetings held before the earlier of December 14, 1971, or the date on which the registrant complied with the provisions of Section 10(a) of the Act as it was amended by the 1970 Act, the numbers of "affiliated" and "unaffiliated" members (instead of "interested" and "disinterested" members, respectively) as those terms were defined in the instruction to Item 2.01 of Form N-1R as it was in effect for fiscal years ended prior to December 31, 1971. Items 2.05(a)(3), 2.05(a)(4), 2.05(b), and 2.10(b) The answer to each of these items shall (a) apply to the period beginning December 14, 1971, and (b) include a statement specifying such period covered by the answer. Items 2.21 and 2.22 These items shall be answered with respect to persons who were directors or officers of the registrant on and after December 14, 1971, and the answers thereto shall so indicate. |