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SHAREHOLDER MEETING (Unaudited)
On October 12, 2000, a shareholder meeting was held at which the following items
and proposals were approved, as described in the Fund's proxy statement for that
meeting. The following is a report of the votes cast:
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Proposal No. 1
Election of Trustees
<S> <C> <C> <C>
Withheld/
Nominee For Abstain Total
Trustees
William L. Armstrong 62,298,825 1,269,759 63,568,584
Robert G. Avis 62,243,433 1,325,151 63,568,584
George C. Bowen 62,323,813 1,244,771 63,568,584
Edward L. Cameron 62,334,570 1,234,014 63,568,584
Jon S. Fossel 62,319,189 1,249,395 63,568,584
Sam Freedman 62,315,712 1,252,872 63,568,584
Raymond J. Kalinowski 62,172,322 1,396,262 63,568,584
C. Howard Kast 62,134,214 1,434,370 63,568,584
Robert M. Kirchner 62,140,821 1,427,763 63,568,584
Bridget A. Macaskill 62,290,823 1,277,761 63,568,584
F. William Marshall 62,309,366 1,259,218 63,568,584
James C. Swain 62,307,325 1,261,259 63,568,584
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<S> <C> <C> <C> <C>
For Against Abstain Total
Proposal No. 2
Ratification of the selection of Deloitte & Touche LLP as independent auditors
for each the Funds for the fiscal year beginning October 1, 2000
61,052,115 628,267 1,888,202 63,568,584
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<S> <C> <C> <C> <C> <C>
Withheld/ Broker
For Against Abstain Non-Votes Total
Proposal No. 3a
Approval to eliminate the Fund's fundamental policy on purchasing securities on
margin and engaging in short sales
43,655,064 4,962,211 2,802,366 12,148,943 63,568,584
Proposal No. 3b
Approval to eliminate the Fund's fundamental policy on investing in other
investment companies
45,274,353 3,333,881 2,811,408 12,148,942 63,568,584
Proposal No. 3c
Approval to eliminate the Fund's fundamental policy on the purchase and sale of
futures contracts
43,907,879 4,597,915 2,913,848 12,148,942 63,568,584
Proposal No. 3d
Approval to eliminate the Fund's fundamental policy on the types of put and call
options that the Fund may purchase and sell
44,019,113 4,309,549 3,090,980 12,148,942 63,568,584
Proposal No. 3e
Approval to eliminate the Fund's fundamental policy on writing put options on
interest rate futures
43,783,343 4,565,819 3,070,480 12,148,942 63,568,584
Proposal No. 3f
Approval to eliminate the Fund's fundamental policy on covered call writing
43,938,808 4,206,816 3,274,018 12,148,942 63,568,584
Proposal No. 3g
Approval to eliminate the Fund's fundamental policy on investing in warrants and
rights
44,531,653 3,735,092 3,152,897 12,148,942 63,568,584
Proposal No. 3h
Approval to eliminate the Fund's fundamental policy on purchasing put or call
options
43,899,680 4,391,771 3,128,191 12,148,942 63,568,584
Proposal No. 3i
Approval to eliminate the Fund's fundamental policy on writing put options on
debt securities
43,683,915 4,553,728 3,181,999 12,148,942 63,568,584
Proposal No. 3j
Approval to eliminate the Fund's fundamental policy on purchasing securities of
issuers in which officers or trustees have an interest
43,219,260 5,398,194 2,802,188 12,148,942 63,568,584
Proposal No. 3k
Approval to eliminate the Fund's fundamental policy on investing in unseasoned
issuers
43,054,486 5,325,956 3,039,200 12,148,942 63,568,584
Proposal No. 3l
Approval to eliminate the Fund's fundamental policy on investing in a company
for the purpose of acquiring control
44,521,820 4,056,211 2,841,611 12,148,942 63,568,584
Proposal No. 3m
Approval to eliminate the Fund's fundamental policy on investing in
mineral-related programs or leases
44,902,485 3,566,051 2,951,106 12,148,942 63,568,584
Proposal No. 4
Approval of changes to four of the Fund's fundamental investment restrictions to
permit the Fund to participate in an inter-fund lending arrangement
44,629,312 3,675,668 3,114,662 12,148,942 63,568,584
Proposal No. 5
Approval to authorize the Trustees to adopt an Amended and Restated Declaration
of Trust
45,399,846 2,877,225 3,142,571 12,148,942 63,568,584
Proposal No. 6
Approval of the new Class C 12b-1 Distribution and Service Plan and Agreement
6,629,035 453,522 506,948 2,284,216 9,873,721
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