The Fund adjusts the classification of distributions to shareholders to reflect
the differences between financial statement amounts and distributions determined
in accordance with income tax regulations. Accordingly, during the year ended
October 31, 2000, amounts have been reclassified to reflect an increase in
paid-in capital of $77,572,244. Accumulated net realized gain on investments was
decreased by the same amount. This reclassification includes $77,572,244
distributed in connection with Fund share redemptions which increased paid-in
capital and reduced accumulated net realized gain. Net assets of the Fund were
unaffected by the reclassifications.
