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SIGNATURE SUSAN E. BRYANT
TITLE SECRETARY
<TABLE> <S> <C>
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<CIK> 0000846799
<NAME> AETNA INVESTMENT ADVISERS FUND, INC.
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</TABLE>
AETNA INVESTMENT ADVISERS FUND, INC.
File No. 811-5773
Attachment for the period ending June 30,1996 (Item 77c)
(a) The Special Meeting of the Shareholders of Aetna Investment
Advisers Fund, Inc. ("the Fund") was held on June 17, 1996.
(b) At the meeting, the following Directors were elected:
Morton Ehrlich
Maria T. Fighetti
David L. Grove
Timothy A. Holt
Daniel P. Kearney
Sidney Koch
Shaun P. Mathews
Corine T. Norgaard
Richard G. Scheide
(c) Shareholders were asked to vote on the following proposals:
1) To elect nine Directors to serve until their successors are elected
and qualified.
AFFIRMATIVE VOTES NEGATIVE VOTES
Morton Ehrlich 62,941,679.789 2,327,593.103
Maria T. Fighetti 62,885,813.322 2,383,459.570
David L. Grove 62,856,296.339 2,412,976.553
Timothy A. Holt 62,956,556.549 2,312,716.343
Daniel P. Kearney 62,627,318.916 2,641,953.976
Sidney Koch 63,009,967.517 2,259,305.375
Shaun P. Mathews 62,971,499.214 2,297,773.678
Corine T. Norgaard 62,840,546.706 2,428,726.186
Richard G. Scheide 63,032,028.089 2,237,244.803
2) Approve or disapprove a Subadvisory Agreement among the Fund,
Aetna Life Insurance and Annuity Company ("Aetna"), and Aetna's
affiliate, Aeltus Investment Management, Inc.
AFFIRMATIVE VOTES NEGATIVE VOTES
57,046,100.090 4,903,071.755
3) Approve or disapprove a new Investment Advisory Agreement between
the Fund and Aetna, the Fund's current investment adviser.
AFFIRMATIVE VOTES NEGATIVE VOTES
54,058,024,444 7,937,567.522
