VAN KAMPEN PENNSYLVANIA TAX FREE INCOME FUND
NSAR-BT, 1998-11-24
Previous: IFS INTERNATIONAL INC, PRE 14A, 1998-11-24
Next: PLASTIC SPECIALTIES & TECHNOLOGIES INC, 15-15D, 1998-11-24



<PAGE>      PAGE  1
000 B000000 09/30/98
000 C000000 0000809592
000 D000000 Y
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 VAN KAMPEN PENNSYLVANIA TAX FREE INCOME FUND
001 B000000 811-4983
001 C000000 6306846000
002 A000000 1 PARKVIEW PLAZA, PO BOX 5555
002 B000000 OAKBROOK TERRACE
002 C000000 IL
002 D010000 60181
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A000001 VAN KAMPEN INVESTMENT ADVISORY CORP.
008 B000001 A
008 C000001 801-18161
008 D010001 OAKBROOK TERRACE
008 D020001 IL
008 D030001 60181
011 A000001 VAN KAMPEN FUNDS, INC.
011 B000001 8-19412
011 C010001 OAKBROOK TERRACE
011 C020001 IL
011 C030001 60181
012 A000001 VAN KAMPEN INVESTOR SERVICES INC.
012 B000001 85-5003
012 C010001 KANSAS CITY
012 C020001 MO
012 C030001 64141
012 C040001 9256
013 A000001 KPMG PEAT MARWICK LLP
013 B010001 CHICAGO
<PAGE>      PAGE  2
013 B020001 IL
013 B030001 60601
014 A000001 MORGAN STANLEY & CO., INCORPORATED
014 B000001 8-733537
014 A000002 DEAN WITTER REYNOLDS, INC.
014 B000002 8-728181
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02105
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000  118
019 C000000 VANKAMPENA
020 A000001 CHICAGO CORP
020 B000001 36-2549961
020 C000001      2
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        2
022 A000001 MERRILL LYNCH
022 B000001 13-5674085
022 C000001     24684
022 D000001     19387
022 A000002 SMITH BARNEY
022 B000002 13-1912900
022 C000002      7296
022 D000002     19350
022 A000003 PAINE WEBBER
022 B000003 13-2638166
022 C000003     11818
022 D000003      7656
022 A000004 PNC SECURITIES
022 B000004 25-1471636
022 C000004      8750
022 D000004      9400
022 A000005 MAXCOR FINANCIAL GROUP
022 B000005 13-3410896
022 C000005         0
022 D000005     12495
022 A000006 MELLON BANK/CAPITAL MKTS
022 B000006 25-0659306
<PAGE>      PAGE  3
022 C000006      9479
022 D000006      2985
022 A000007 FIRST UNION SECURITIES
022 B000007 56-1529080
022 C000007      7255
022 D000007      1916
022 A000008 GEORGE K. BAUM & CO.
022 B000008 44-0522232
022 C000008         0
022 D000008      6917
022 A000009 BEAR STEARNS
022 B000009 13-3299429
022 C000009      2897
022 D000009      2966
022 A000010 LEHMAN BROTHERS
022 B000010 13-2518466
022 C000010         0
022 D000010      5381
023 C000000     102780
023 D000000     108499
024  000000 N
025 D000001       0
025 D000002       0
025 D000003       0
025 D000004       0
025 D000005       0
025 D000006       0
025 D000007       0
025 D000008       0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
028 A010000      2085
028 A020000       654
028 A030000         0
028 A040000      2823
028 B010000      1297
028 B020000       656
028 B030000         0
028 B040000      1985
028 C010000      1286
028 C020000       659
028 C030000         0
028 C040000      1832
<PAGE>      PAGE  4
028 D010000         0
028 D020000         0
028 D030000         0
028 D040000         0
028 E010000         0
028 E020000         0
028 E030000         0
028 E040000         0
028 F010000         0
028 F020000         0
028 F030000         0
028 F040000         0
028 G010000      4668
028 G020000      1969
028 G030000         0
028 G040000      6640
028 H000000      3184
029  000000 Y
030 A000000    268
030 B000000  4.75
030 C000000  0.00
031 A000000     33
031 B000000      0
032  000000    235
033  000000      0
034  000000 Y
035  000000     50
036 A000000 Y
036 B000000      0
037  000000 N
038  000000      0
039  000000 N
040  000000 Y
041  000000 Y
042 A000000   0
042 B000000   0
042 C000000  34
042 D000000  66
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000    824
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  0.000
048 A010000   500000
048 A020000 0.600
048 B010000        0
<PAGE>      PAGE  5
048 B020000 0.000
048 C010000        0
048 C020000 0.000
048 D010000        0
048 D020000 0.000
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000  5000000
048 K020000 0.500
049  000000 N
050  000000 N
051  000000 N
052  000000 N
053 A000000 N
054 A000000 Y
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 Y
054 J000000 N
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056  000000 Y
057  000000 N
058 A000000 N
059  000000 Y
060 A000000 N
060 B000000 N
061  000000      500
062 A000000 Y
062 B000000   0.0
062 C000000   0.0
<PAGE>      PAGE  6
062 D000000   0.0
062 E000000   0.2
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
062 I000000   0.0
062 J000000   0.0
062 K000000   0.0
062 L000000   0.0
062 M000000   0.0
062 N000000   0.0
062 O000000  98.1
062 P000000   0.0
062 Q000000   0.0
062 R000000   0.0
063 A000000   0
063 B000000 19.1
064 A000000 Y
064 B000000 N
066 A000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
070 A010000 N
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
<PAGE>      PAGE  7
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 Y
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000     80333
071 B000000     89194
071 C000000    277690
071 D000000   29
072 A000000  9
072 B000000    12528
072 C000000        0
072 D000000        0
072 E000000        0
072 F000000     1235
072 G000000        0
072 H000000        0
072 I000000      150
072 J000000        1
072 K000000        0
072 L000000       63
072 M000000       29
072 N000000        4
072 O000000        0
072 P000000        0
072 Q000000       56
072 R000000       38
072 S000000        6
072 T000000      824
072 U000000        0
072 V000000        0
072 W000000       33
072 X000000     2439
072 Y000000        0
072 Z000000    10089
072AA000000     2263
072BB000000        0
072CC010000      999
072CC020000        0
072DD010000     8483
072DD020000     1741
072EE000000        0
073 A010000   0.6980
073 A020000   0.5990
073 B000000   0.0000
073 C000000   0.0000
074 A000000      277
<PAGE>      PAGE  8
074 B000000        0
074 C000000      400
074 D000000   270937
074 E000000        0
074 F000000        0
074 G000000        0
074 H000000        0
074 I000000        0
074 J000000     2561
074 K000000        0
074 L000000     4301
074 M000000       19
074 N000000   278495
074 O000000     1280
074 P000000      309
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000      844
074 S000000        0
074 T000000   276062
074 U010000    12022
074 U020000     2935
074 V010000    18.24
074 V020000    18.23
074 W000000   0.0000
074 X000000     7233
074 Y000000     2218
075 A000000        0
075 B000000   275199
076  000000     0.00
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
<PAGE>      PAGE  9
078  000000 N
080 A000000 ICI MUTUAL INSURANCE COMPANY
080 C000000    65000
081 A000000 Y
081 B000000 117
082 A000000 Y
082 B000000      100
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 Y
085 B000000 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
SIGNATURE   NICK DALMASO                                 
TITLE       ATTORNEY            
 


          Independent Auditors' Report on Internal Accounting Control

     The Board of Directors and Shareholders
     Van Kampen Pennsylvania Tax Free Income Fund:

     In planning and performing our audit of the financial statements of the Van
     Kampen Pennsylvania Tax Free Income Fund (the "Fund"), for the nine-month
     period ended September 30, 1998, we considered its internal control,
     including control activities for safeguarding securities, in order to
     determine our auditing procedures for the purpose of expressing our opinion
     on the financial statements and to comply with the requirements of Form
     N-SAR, not to provide assurance on internal control.

     The management of the Van Kampen Pennsylvania Tax Free Income Fund is
     responsible for establishing and maintaining internal control. In
     fulfilling this responsibility, estimates and judgments by management are
     required to assess the expected benefits and related costs of controls.
     Generally, controls that are relevant to an audit pertain to the entity's
     objective of preparing financial statements for external purposes that are
     fairly presented in conformity with generally accepted accounting
     principles. Those controls include the safeguarding of assets against
     unauthorized acquisition, use or disposition.

     Because of inherent limitations in internal control, error or fraud may
     occur and not be detected. Also, projection of any evaluation of internal
     control to future periods is subject to the risk that it may become
     inadequate because of changes in conditions or that the effectiveness of
     the design and operation may deteriorate.

     Our consideration of internal control would not necessarily disclose all
     matters in internal control that might be material weakness under standards
     established by the American Institute of Certified Public Accountants. A
     material weakness is a condition in which the design or operation of one or
     more of the internal control components does not reduce to a relatively low
     level the risk that misstatements caused by error or fraud in amounts that
     would be material in relation to the financial statements being audited may
     occur and not be detected within a timely period by employees in the normal
     course of performing their assigned functions. However, we noted no matters
     involving internal control and its operation, including controls for
     safeguarding securities that we consider to be material weaknesses as
     defined above as of September 30, 1998.

     This report is intended solely for the information and use of management,
     the Board of Directors of Van Kampen Pennsylvania Tax Free Income Fund, and
     the Securities and Exchange Commission.

     November 6, 1998


<TABLE> <S> <C>

<ARTICLE>                                            6
<LEGEND>

<F1> This item relates to the Fund on a composite 
     basis and not on a class basis

</LEGEND>
<SERIES>
   <NUMBER>                                         11
   <NAME>                          PA TAX FREE CLASS A
<MULTIPLIER>                                         1
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          SEP-30-1998 <F1>
<PERIOD-START>                             JAN-01-1998 <F1>
<PERIOD-END>                               SEP-30-1998 <F1>
<INVESTMENTS-AT-COST>                      245,280,737 <F1>
<INVESTMENTS-AT-VALUE>                     271,337,460 <F1>
<RECEIVABLES>                                6,862,293 <F1>
<ASSETS-OTHER>                                       0 <F1>
<OTHER-ITEMS-ASSETS>                           296,002 <F1>
<TOTAL-ASSETS>                             278,495,755 <F1>
<PAYABLE-FOR-SECURITIES>                     1,280,155 <F1>
<SENIOR-LONG-TERM-DEBT>                              0 <F1>
<OTHER-ITEMS-LIABILITIES>                    1,153,289 <F1>
<TOTAL-LIABILITIES>                          2,433,444 <F1>
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   195,613,792
<SHARES-COMMON-STOCK>                       12,021,762
<SHARES-COMMON-PRIOR>                       12,414,370
<ACCUMULATED-NII-CURRENT>                      358,014 <F1>
<OVERDISTRIBUTION-NII>                               0 <F1>
<ACCUMULATED-NET-GAINS>                       (725,930)<F1>
<OVERDISTRIBUTION-GAINS>                             0 <F1>
<ACCUM-APPREC-OR-DEPREC>                    26,056,723 <F1>
<NET-ASSETS>                               219,282,152
<DIVIDEND-INCOME>                                    0 <F1>
<INTEREST-INCOME>                           12,528,072 <F1>
<OTHER-INCOME>                                       0 <F1>
<EXPENSES-NET>                              (2,439,158)<F1>
<NET-INVESTMENT-INCOME>                     10,088,914 <F1>
<REALIZED-GAINS-CURRENT>                     2,263,231 <F1>
<APPREC-INCREASE-CURRENT>                      999,468 <F1>
<NET-CHANGE-FROM-OPS>                       13,351,613 <F1>
<EQUALIZATION>                                       0 <F1>
<DISTRIBUTIONS-OF-INCOME>                   (8,483,120)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        520,818
<NUMBER-OF-SHARES-REDEEMED>                 (1,181,685)
<SHARES-REINVESTED>                            268,259
<NET-CHANGE-IN-ASSETS>                      (4,650,328)
<ACCUMULATED-NII-PRIOR>                        601,938 <F1>
<ACCUMULATED-GAINS-PRIOR>                   (2,989,161)<F1>
<OVERDISTRIB-NII-PRIOR>                              0 <F1>
<OVERDIST-NET-GAINS-PRIOR>                           0 <F1>
<GROSS-ADVISORY-FEES>                        1,234,844 <F1>
<INTEREST-EXPENSE>                                   0 <F1>
<GROSS-EXPENSE>                              2,439,158 <F1>
<AVERAGE-NET-ASSETS>                       219,460,847
<PER-SHARE-NAV-BEGIN>                           18.038
<PER-SHARE-NII>                                  0.684
<PER-SHARE-GAIN-APPREC>                          0.216
<PER-SHARE-DIVIDEND>                            (0.698)
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             18.240
<EXPENSE-RATIO>                                   1.03
<AVG-DEBT-OUTSTANDING>                               0 <F1>
<AVG-DEBT-PER-SHARE>                                 0 <F1>
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE>                                            6
<LEGEND>

<F1> This item relates to the Fund on a composite 
     basis and not on a class basis

</LEGEND>
<SERIES>
   <NUMBER>                                         12
   <NAME>                          PA TAX FREE CLASS B
<MULTIPLIER>                                         1
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          SEP-30-1998 <F1>
<PERIOD-START>                             JAN-01-1998 <F1>
<PERIOD-END>                               SEP-30-1998 <F1>
<INVESTMENTS-AT-COST>                      245,280,737 <F1>
<INVESTMENTS-AT-VALUE>                     271,337,460 <F1>
<RECEIVABLES>                                6,862,293 <F1>
<ASSETS-OTHER>                                       0 <F1>
<OTHER-ITEMS-ASSETS>                           296,002 <F1>
<TOTAL-ASSETS>                             278,495,755 <F1>
<PAYABLE-FOR-SECURITIES>                     1,280,155 <F1>
<SENIOR-LONG-TERM-DEBT>                              0 <F1>
<OTHER-ITEMS-LIABILITIES>                    1,153,289 <F1>
<TOTAL-LIABILITIES>                          2,433,444 <F1>
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    51,557,103
<SHARES-COMMON-STOCK>                        2,934,927
<SHARES-COMMON-PRIOR>                        2,879,004
<ACCUMULATED-NII-CURRENT>                      358,014 <F1>
<OVERDISTRIBUTION-NII>                               0 <F1>
<ACCUMULATED-NET-GAINS>                       (725,930)<F1>
<OVERDISTRIBUTION-GAINS>                             0 <F1>
<ACCUM-APPREC-OR-DEPREC>                    26,056,723 <F1>
<NET-ASSETS>                                53,497,854
<DIVIDEND-INCOME>                                    0 <F1>
<INTEREST-INCOME>                           12,528,072 <F1>
<OTHER-INCOME>                                       0 <F1>
<EXPENSES-NET>                              (2,439,158)<F1>
<NET-INVESTMENT-INCOME>                     10,088,914 <F1>
<REALIZED-GAINS-CURRENT>                     2,263,231 <F1>
<APPREC-INCREASE-CURRENT>                      999,468 <F1>
<NET-CHANGE-FROM-OPS>                       13,351,613 <F1>
<EQUALIZATION>                                       0 <F1>
<DISTRIBUTIONS-OF-INCOME>                   (1,740,891)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        265,723
<NUMBER-OF-SHARES-REDEEMED>                   (266,552)
<SHARES-REINVESTED>                             56,752
<NET-CHANGE-IN-ASSETS>                       1,587,828
<ACCUMULATED-NII-PRIOR>                        601,938 <F1>
<ACCUMULATED-GAINS-PRIOR>                   (2,989,161)<F1>
<OVERDISTRIB-NII-PRIOR>                              0 <F1>
<OVERDIST-NET-GAINS-PRIOR>                           0 <F1>
<GROSS-ADVISORY-FEES>                        1,234,844 <F1>
<INTEREST-EXPENSE>                                   0 <F1>
<GROSS-EXPENSE>                              2,439,158 <F1>
<AVERAGE-NET-ASSETS>                        52,455,867
<PER-SHARE-NAV-BEGIN>                           18.031
<PER-SHARE-NII>                                  0.579
<PER-SHARE-GAIN-APPREC>                          0.217
<PER-SHARE-DIVIDEND>                            (0.599)
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             18.228
<EXPENSE-RATIO>                                   1.79
<AVG-DEBT-OUTSTANDING>                               0 <F1>
<AVG-DEBT-PER-SHARE>                                 0 <F1>
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE>                                            6
<LEGEND>

<F1> This item relates to the Fund on a composite 
     basis and not on a class basis

</LEGEND>
<SERIES>
   <NUMBER>                                         13
   <NAME>                          PA TAX FREE CLASS C
<MULTIPLIER>                                         1
       
<S>                             <C>
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          SEP-30-1998 <F1>
<PERIOD-START>                             JAN-01-1998 <F1>
<PERIOD-END>                               SEP-30-1998 <F1>
<INVESTMENTS-AT-COST>                      245,280,737 <F1>
<INVESTMENTS-AT-VALUE>                     271,337,460 <F1>
<RECEIVABLES>                                6,862,293 <F1>
<ASSETS-OTHER>                                       0 <F1>
<OTHER-ITEMS-ASSETS>                           296,002 <F1>
<TOTAL-ASSETS>                             278,495,755 <F1>
<PAYABLE-FOR-SECURITIES>                     1,280,155 <F1>
<SENIOR-LONG-TERM-DEBT>                              0 <F1>
<OTHER-ITEMS-LIABILITIES>                    1,153,289 <F1>
<TOTAL-LIABILITIES>                          2,433,444 <F1>
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     3,202,609
<SHARES-COMMON-STOCK>                          180,058
<SHARES-COMMON-PRIOR>                          165,221
<ACCUMULATED-NII-CURRENT>                      358,014 <F1>
<OVERDISTRIBUTION-NII>                               0 <F1>
<ACCUMULATED-NET-GAINS>                       (725,930)<F1>
<OVERDISTRIBUTION-GAINS>                             0 <F1>
<ACCUM-APPREC-OR-DEPREC>                    26,056,723 <F1>
<NET-ASSETS>                                 3,282,305
<DIVIDEND-INCOME>                                    0 <F1>
<INTEREST-INCOME>                           12,528,072 <F1>
<OTHER-INCOME>                                       0 <F1>
<EXPENSES-NET>                              (2,439,158)<F1>
<NET-INVESTMENT-INCOME>                     10,088,914 <F1>
<REALIZED-GAINS-CURRENT>                     2,263,231 <F1>
<APPREC-INCREASE-CURRENT>                      999,468 <F1>
<NET-CHANGE-FROM-OPS>                       13,351,613 <F1>
<EQUALIZATION>                                       0 <F1>
<DISTRIBUTIONS-OF-INCOME>                     (108,827)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         39,580
<NUMBER-OF-SHARES-REDEEMED>                    (28,889)
<SHARES-REINVESTED>                              4,146
<NET-CHANGE-IN-ASSETS>                         303,136
<ACCUMULATED-NII-PRIOR>                        601,938 <F1>
<ACCUMULATED-GAINS-PRIOR>                   (2,989,161)<F1>
<OVERDISTRIB-NII-PRIOR>                              0 <F1>
<OVERDIST-NET-GAINS-PRIOR>                           0 <F1>
<GROSS-ADVISORY-FEES>                        1,234,844 <F1>
<INTEREST-EXPENSE>                                   0 <F1>
<GROSS-EXPENSE>                              2,439,158 <F1>
<AVERAGE-NET-ASSETS>                         3,282,656
<PER-SHARE-NAV-BEGIN>                           18.031
<PER-SHARE-NII>                                  0.576
<PER-SHARE-GAIN-APPREC>                          0.221
<PER-SHARE-DIVIDEND>                            (0.599)
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             18.229
<EXPENSE-RATIO>                                   1.79
<AVG-DEBT-OUTSTANDING>                               0 <F1>
<AVG-DEBT-PER-SHARE>                                 0 <F1>
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission