EXHIBIT 77.O
77.O TRANSACTIONS EFFECTED PURSUANT TO RULE 10F-3
Small Cap Fund (series #01):
Qualifying transactions are listed below. On a quarterly
basis, the Registrant's Board of Directors receives a Form
10F-3 containing information that enables them to determine
that all purchases made during the quarter were effected in
compliance with the Registrant's 10F-3 procedures.
1) Issuer: Exar Corporation
Date of Purchase: 03/07/2000
Underwriter from whom Purchased:
NationsBank Montgomery
Affiliated Underwriters:
BKB Robertson Stephens
Other Members of Syndicate:
Banc America Securities LLC
U.S. Bancorp Piper Jaffrey
Needham & Company
Aggregate dollar amount of purchase:
$2,400,000
Aggregate dollar amount of offering:
$200,000,000
Purchase price (net of fees and expenses):
$77.60
Date offering commenced:
03/07/2000
Commission: $2.40
2) Issuer: Fairmarket, Inc.
Date of Purchase: 03/14/2000
Underwriter from whom Purchased:
Deutsche Banc Alex Brown
Affiliated Underwriters:
BKB Robertson Stephens
Other Members of Syndicate:
U.S. Bancorp Piper Jaffrey
Aggregate dollar amount of purchase:
$255,000
Aggregate dollar amount of offering:
$85,000,000
Purchase price (net of fees and expenses):
$16.29
Date offering commenced:
03/14/2000
Commission: $0.71
3) Issuer: PSI Technologies
Date of Purchase: 03/16/2000
Underwriter from whom Purchased:
Hambrecht & Quist
Affiliated Underwriters:
BKB Robertson Stephens
Other Members of Syndicate:
Thomas Weisel Partners LLC
Aggregate dollar amount of purchase:
$160,000
Aggregate dollar amount of offering:
$56,000,000
Purchase price (net of fees and expenses):
$15.33
Date offering commenced:
03/16/2000
Commission: $0.67
4) Issuer: Sonus Networks
Date of Purchase: 05/24/2000
Underwriter from whom Purchased:
Goldman Sachs & Co.
Affiliated Underwriters:
BKB Robertson Stephens
Other Members of Syndicate:
Lehman Brothers
Morgan (J.P.) & Co.
Aggregate dollar amount of purchase:
$115,000
Aggregate dollar amount of offering:
$115,000,000
Purchase price (net of fees and expenses):
$22.04
Date offering commenced:
05/24/2000
Commission: $0.96
5) Issuer: Network Engines
Date of Purchase: 07/13/2000
Underwriter from whom Purchased:
Donaldson, Lufkin & Jenrette
Affiliated Underwriters:
BKB Robertson Stephens
Other Members of Syndicate:
Dain Rauscher Wessels
Aggregate dollar amount of purchase:
$302,600
Aggregate dollar amount of offering:
$93,500,000
Purchase price (net of fees and expenses):
$16.29
Date offering commenced:
07/13/2000
Commission: $0.71
6) Issuer: Corio, Inc.
Date of Purchase: 07/20/2000
Underwriter from whom Purchased:
Goldman, Sachs, & Co.
Affiliated Underwriters:
BKB Robertson Stephens
Other Members of Syndicate:
Merrill Lynch & Co.
Epoch Partners
Aggregate dollar amount of purchase:
$355,600
Aggregate dollar amount of offering:
$140,000,000
Purchase price (net of fees and expenses):
$13.41
Date offering commenced:
07/20/2000
Commission: $0.59
7) Issuer: SMTC Corp.
Date of Purchase: 07/20/2000
Underwriter from whom Purchased:
Lehman Brothers
Affiliated Underwriters:
BKB Robertson Stephens
Other Members of Syndicate:
RBC Dominion Securities
Merrill Lynch & Co.
Aggregate dollar amount of purchase:
$120,000
Aggregate dollar amount of offering:
$154,000,000
Purchase price (net of fees and expenses):
$15.44
Date offering commenced:
07/20/2000
Commission: $0.54
8) Issuer: California Pizza Kitchen
Date of Purchase: 08/01/2000
Underwriter from whom Purchased:
Banc of America Securities LLC
Affiliated Underwriters:
BKB Robertson Stephens
Other Members of Syndicate:
Deutsche Banc Alex Brown
Aggregate dollar amount of purchase:
$1,125,000
Aggregate dollar amount of offering:
$79,500,000
Purchase price (net of fees and expenses):
$14.38
Date offering commenced:
08/01/2000
Commission: $0.62
9) Issuer: Giganet LTD
Date of Purchase: 08/04/2000
Underwriter from whom Purchased:
Morgan Stanley Dean Witter
Affiliated Underwriters:
BKB Robertson Stephens
Other Members of Syndicate:
Lehman Brothers
Aggregate dollar amount of purchase:
$425,000
Aggregate dollar amount of offering:
$85,000,000
Purchase price (net of fees and expenses):
$16.22
Date offering commenced:
08/04/2000
Commission: $0.78
10) Issuer: Medicines Co.
Date of Purchase: 08/07/2000
Underwriter from whom Purchased:
Morgan (J.P.) & Co.
Affiliated Underwriters:
BKB Robertson Stephens
Other Members of Syndicate:
CIBC World Markets
Aggregate dollar amount of purchase:
$3,200,000
Aggregate dollar amount of offering:
$80,000,000
Purchase price (net of fees and expenses):
$15.33
Date offering commenced:
08/07/2000
Commission: $0.67
11) Issuer: Omnisky Corp.
Date of Purchase: 09/20/2000
Underwriter from whom Purchased:
First Boston (Credit Suisse)
Affiliated Underwriters:
BKB Robertson Stephens
Other Members of Syndicate:
Donaldson, Lufkin & Jenrette
Salomon Smith Barney
Hambrecht & Quist
Aggregate dollar amount of purchase:
$258,000
Aggregate dollar amount of offering:
$109,200,000
Purchase price (net of fees and expenses):
$11.50
Date offering commenced:
09/20/2000
Commission: $0.50
12) Issuer: Cosine Communications
Date of Purchase: 09/25/2000
Underwriter from whom Purchased:
Goldman Sachs & Co.
Affiliated Underwriters:
BKB Robertson Stephens
Other Members of Syndicate:
Hambrecht & Quist
Morgan (JP) & Co.
Baird (Robert W.) & Co.
Dain Rauscher Wessels
Edwards (AG) & Sons
Jones (Edward)
Legg Mason Wood Walker, Inc.
May, Davis Group
Ramirez & Co.
Salomon Smith Barney
U.S. Bancorp Piper Jaffray
Wit Sound View Corp.
Aggregate dollar amount of purchase:
$57,500
Aggregate dollar amount of offering:
$230,000,000
Purchase price (net of fees and expenses):
$22.04
Date offering commenced:
09/25/2000
Commission: $0.96
13) Issuer: Elastic Networks
Date of Purchase: 09/29/2000
Underwriter from whom Purchased:
Hambrecht & Quist
Affiliated Underwriters:
BKB Robertson Stephens
Other Members of Syndicate:
UBS Warburg LLC
U.S. Bancorp Piper Jaffray
CIBC World Markets Corp.
Dain Rauscher Wessels
Deutsche Banc Alex Brown
ING Barins LLC
Lehman Brothers
Salomon Smith Barney
U.S. Bancorp Piper Jaffray
Jeffries & Co.
Kaufman Brothers LP
Raymond James & Associates
Redwine & Co.
Robinson-Humphrey & Co.
Tucker Anthony Cleary Gull
Aggregate dollar amount of purchase:
$167,700
Aggregate dollar amount of offering:
$101,400,000
Purchase price (net of fees and expenses):
$12.46
Date offering commenced:
09/29/2000
Commission: $0.54
High Yield Fund (series #03):
Qualifying transactions are listed below. On a quarterly
basis, the Registrant's Board of Directors receives a Form
10F-3 containing information that enables them to determine
that all purchases made during the quarter were effected in
compliance with the Registrant's 10F-3 procedures.
1) Issuer: Park Place Entertainment
Date of Purchase: 02/15/2000
Underwriter from whom Purchased:
Merrill Lynch & Co.
Affiliated Underwriters:
FleetBoston Corp.
Other Members of Syndicate:
Banc America Securities LLC
Bear Stearns & Co.
BNY Capital Markets
Deutsche Banc Alex Brown
First Union Securities
Scotia Capital, Inc.
SG Cowen Securities Corp
Wasserstein Perella & Co.
Aggregate dollar amount of purchase:
$7,000,000
Aggregate dollar amount of offering:
$50,000,000
Purchase price (net of fees and expenses):
$6,944,000
Date offering commenced:
02/15/2000
Commission: $56,000
