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EXHIBIT (q)(l)
PROXY
VAN KAMPEN
SPECIAL MEETING OF SHAREHOLDERS
PROXY SOLICITED ON BEHALF OF THE BOARD OF THE FUND
The undersigned holder of shares of common stock, par value $0.01 per
share (the "Shares"), of the VAN KAMPEN HIGH YIELD & TOTAL RETURN FUND (the
"HIGH YIELD & TOTAL RETURN FUND") hereby appoints A. Thomas Smith III and
Stephen L. Boyd, and each of them, with full power of substitution and
revocation, as proxies to represent the undersigned at the Special Meeting of
Shareholders to be held at the offices of Van Kampen Investments Inc.,
1 Parkview Plaza, Oakbrook Terrace, Illinois 60181-5555, on , 2000, at
4:00 p.m., and any and all adjournments thereof (the "Special Meeting"), and
thereat to vote all Shares which the undersigned would be entitled to vote, with
all powers the undersigned would possess if personally present, in accordance
with the following instructions.
If more than one of the proxies, or their substitutes, are present at the
Special Meeting or any adjournment thereof, they jointly (or, if only one is
present and voting then that one) shall have authority and may exercise all
powers granted hereby. This Proxy, when properly executed, will be voted in
accordance with the instructions marked hereon by the undersigned. IF NO
SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED "FOR" THE PROPOSAL DESCRIBED
HEREIN AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY
PROPERLY COME BEFORE THE MEETING.
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Account No. No. of Shares Class of Shares Proxy No.
1. FOR AGAINST ABSTAIN
=== ======= ======= The proposal to approve the Agreement and Plan of Reorganization pursuant to which the
Van Kampen High Yield & Total Return Fund would (i) transfer all of its assets to the
Van Kampen High Income Corporate Bond Fund in exchange solely for Class A, Class B and
Class C shares of beneficial interest of the Van Kampen High Income Corporate Bond Fund and
Van Kampen High Income Corporate Bond Fund's assumption of the liabilities of the Van
Kampen High Yield & Total Return Fund (ii) distribute such shares of the Van Kampen High
Income Corporate Bond Fund to the holders of shares of the Van Kampen High Yield & Total
Return Fund and (iii) be dissolved, all as more fully described in the Prospectus/Proxy
statement.
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The undersigned hereby acknowledges receipt of the accompanying Notice of
Special Meeting and Prospectus/Proxy Statement for the Special Meeting to be
held , 2000 at 4:00 p.m.
Please sign this Proxy exactly as your name or names appear on the books
of the Van Kampen High Yield & Total Return Fund. When signing as attorney,
trustee, executor, administrator, custodian, guardian or corporate officer,
please give full title. If shares are held jointly, each holder should sign.
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Shareholder signature 2000
Date
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Co-owner signature (if applicable) 2000
Date
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