<TABLE>
<CAPTION>
NSAR ITEM 77O
VK Trust for Investment Grade Municipal
10f-3 Transactions
UNDERWRITING # UNDERWRITING PURCHASED FROM AMOUNT OF SHARES % OF UNDERWRITING DATE OF PURCHASE
PURCHASED
<S> <C> <C> <C> <C> <C>
1 NC Eastern Muni. Power Smith Barney 1,000,000 0.730 11/03/99
2 NY State Dorm-Courts Lehman 2,000,000 0.729 12/10/99
3 NY State Dorm-Courts Lehman 3,000,000 1.220 12/09/99
</TABLE>
<PAGE>
UNDERWRITER #1 UNDERWRITER #2 UNDERWRITER #3
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JP Morgan Bear Stearns Bear Stearns
Goldman Sachs Goldman Sachs Goldman Sachs
Morgan Stanley Nations Bank Nations Bank
JC Bradford Morgan Stanley Morgan Stanley
First Union Securities Prudential Prudential
J Lee Peeler Advest Advest
Legmason MR Beal & Company MR Beal & Company
Wachovia Securities First Albany First Albany
Fleet Fleet
Lebenthal & Company Lebenthal & Company
JP Morgan JP Morgan
PaineWebber PaineWebber