February 10, 2000
VIA ELECTRONIC FILING
Securities and Exchange Commission
450 Fifth Street, N.W.
Judiciary Plaza
Washington, D.C. 20549
Attention: Division of Investment Management
Re: THE CHANCELLOR TARGETED HEALTH CARE FUND, INC.
CIK # 886241
Request for Withdrawal of Registration Statement on Form N-2, as
amended (File # 33-47251)
Ladies and Gentlemen:
Pursuant to Rule 477 (a) under the Securities Act of 1933, as amended (the
"Act"), The Chancellor Targeted Health Care Fund, Inc. (the "Fund") hereby
requests that its Registration Statement on Form N-2, as amended (File No.
33-47251), be withdrawn from registration under the Act prior to effectiveness.
Such withdrawal is consistent with the public interest and the protection of
investors.
A proposed public offering of shares of the Fund was contemplated back in
1992. In connection therewith, the aforementioned Registration Statement was
filed with the Securities and Exchange Commission (the "Commission") on April
15, 1992, and an amendment thereto was filed with the Commission on May 4, 1992.
However, the Fund has decided not to commence operations, and the proposed
public offering has been permanently abandoned. The Fund has not engaged in any
business activities other than those necessary for the winding up of its
affairs.
<PAGE>
Please direct any communications relating to this filing to David H.
Kanefsky of Cadwalader, Wickersham & Taft at (212) 504-6438.
Very truly yours,
THE CHANCELLOR TARGETED HEALTH CARE FUND, INC.
By: /s/ PARAG SAXENA
-----------------------------------------
Parag Saxena
President
Transmission
cc: Mark S. Johnson, Esq.
INVESCO, Inc.
