The Fund adjusts the classification of distributions to shareholders to reflect
the differences between financial statement amounts and distributions determined
in accordance with income tax regulations. Accordingly, during the year ended
June 30, 2000, amounts have been reclassified to reflect a decrease in paid-in
capital of $42,206,495, an increase in undistributed net investment income of
$495,969, and a decrease in accumulated net realized loss on investments of
$41,710,526. Net assets of the Fund were unaffected by the reclassifications.
