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Exhibit 14 CONSENT OF INDEPENDENT AUDITOR We consent to the use of our report dated December 5, 2000 with respect to ING Growth & Income Fund (one of the funds comprising ING Funds Trust), which is incorporated by reference, in this Registration Statement on Form N-14 of Pilgrim Growth and Income Fund, Inc. /s/ ERNST & YOUNG LLP New York, New York January 17, 2001
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