For period ending 3/31/00
File number 811 - 5104
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77(C). Matters submitted to a vote of security holders.
a. Annual meeting of shareholders: November 18, 1999
a.1 Directors elected:
Richard G. Capen, Jr., H. Frederick Christie, Don R.
Conlan, Diane C. Creel, Martin Fenton, Leonard R. Fuller,
Abner D. Goldstine, Paul G. Haaga, Jr., Richard G.
Newman, and Frank M. Sanchez.
a.2 Ratification or rejection of a proposed amendment to
the Fund's Articles of Incorporation to reduce the par
value per share:
Votes: Against Abstain
Affirmative 1,100,668 1,067,169
18,473,380
(Broker Non-Votes: 4,400,207)
a.3 Ratification or rejection of a proposal to permit the
Fund to invest up to 25% of its net assets in below
investment-grade debt securities:
Votes: Against Abstain
Affirmative 2,690,035 1,008,430
16,942,752
(Broker Non-Votes: 4,400,207)
a.4 Ratification or rejection of proposed changes to the
Fund's investment restrictions:
To amend the restriction regarding lending activities;
Votes: Against Abstain
Affirmative 1,790,886 1,097,627
17,752,704
(Broker Non-Votes: 4,400,207)
To eliminate the restriction regarding pledging assets;
Votes: Against Abstain
Affirmative 1,731,201 1,104,344
17,805,672
(Broker Non-Votes: 4,400,207)
To eliminate the restriction regarding affiliated ownership;
Votes: Against Abstain
Affirmative 1,852,661 1,117,343
17,671,213
(Broker Non-Votes: 4,400,207)
To eliminate the restriction regarding investments in
unseasoned issuers:
Votes: Against Abstain
Affirmative 1,859,770 1,120,342
17,661,105
(Broker Non-Votes: 4,400,207)
To eliminate the restriction regarding restricted/illiquid
securities:
Votes: Against Abstain
Affirmative 1,838,427 1,200,747
17,602,043
(Broker Non-Votes: 4,400,207)
a.5 Ratification or rejection of the election by the Board
of Directors of Deloitte & Touche LLP as the
independent public accountant for the Fund:
Votes: Against Abstain
Affirmative 294,381 690,930
24,056,113
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