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Exhibit 14 INDEPENDENT AUDITORS' CONSENT The Board of Directors Pilgrim Mutual Funds and Pilgrim Global Income Fund, Inc.: We consent to the use of our reports on the Pilgrim Strategic Income Fund and Pilgrim Global Income Fund, incorporated herein by reference, and to the reference to our firm under the heading "Financial Highlights" in the proxy statement/prospectus. /s/ KPMG LLP Los Angeles, California November 29, 2000
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