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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.
STATEMENT BY REGISTERED CLOSED-END INVESTMENT COMPANY
WITH RESPECT TO PURCHASES OF ITS OWN SECURITIES PURSUANT
TO RULE N-23C-1 DURING THE LAST CALENDAR MONTH
REPORT FOR CALENDAR MONTH ENDING: December 31, 2000
Name of Registrant: The SMALLCap Fund, Inc./TM/
By: Fran Pollack-Matz, Secretary
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<CAPTION>
Approximate Asset
Value or approximate
Number of asset coverage per
Date of each Identification Shares Price per share at time of Name of Seller or
Transaction of Security Purchased Share purchase of Seller's Broker
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<S> <C> <C> <C> <C> <C>
12/04/00 Common Stock 3,600 10.648 12.001 Weeden & Co. LP
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12/06/00 Common Stock 3,600 10.854 12.557 Weeden & Co. LP
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12/06/00 Common Stock 5,000 10.813 12.557 Weeden & Co. LP
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12/07/00 Common Stock 3,600 10.635 12.359 Weeden & Co. LP
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12/11/00 Common Stock 4,400 11.389 13.004 Weeden & Co. LP
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12/12/00 Common Stock 4,400 11.500 13.320 Weeden & Co. LP
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12/13/00 Common Stock 5,000 11.500 12.974 Weeden & Co. LP
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12/13/00 Common Stock 4,000 11.530 12.974 Weeden & Co. LP
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12/15/00 Common Stock 3,700 10.919 12.500 Weeden & Co. LP
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12/18/00 Common Stock 2,700 11.176 12.538 Weeden & Co. LP
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12/18/00 Common Stock 15,000 11.188 12.538 Weeden & Co. LP
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12/19/00 Common Stock 5,000 11.250 12.824 Weeden & Co. LP
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12/19/00 Common Stock 4,200 11.283 12.824 Weeden & Co. LP
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12/20/00 Common Stock 4,400 11.122 12.728 Weeden & Co. LP
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12/21/00 Common Stock 4,000 10.961 12.230 Weeden & Co. LP
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