VAN KAMPEN MASSACHUSETTS VALUE MUNICIPAL INCOME TRUST
NSAR-B, EX-99, 2000-12-29
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<TABLE>
<CAPTION>

                                                                        NSAR ITEM 77O

                                                         VK Massachusetts Value Municipal Income Fund
                                                                      10f-3 Transactions

  UNDERWRITING #         UNDERWRITING              PURCHASED FROM      AMOUNT OF SHARES  % OF UNDERWRITING  DATE OF PURCHASE
                                                                           PURCHASED

      <S>          <C>                                <C>             <C>                <C>                <C>

         1        Virgin Island Public Financing     PaineWebber           1,000,000          0.335%           11/10/99

</TABLE>

Underwriting Participants:

Underwriters for #1
-------------------
Morgan Stanley & Co. Incorporated
Roosevelt & Cross



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