For fiscal period ended (b) October 31, 1995
File number 811-7664
SUB-ITEM 77C
Submission of Matters to a Vote of
Security Holders
The Annual Meeting of Stockholders was held
on May 16, 1995. At such
meeting the Stockholders elected Directors and
ratified the selection of
independent accountants and voted on a proposal to
split each share of the
Trust's Auction Rate Municipal Preferred Stock
into two shares and
simultaneously reduce each share's liquidation
preference, as provided in the
Trust's Articles Supplementary, from $50,000 to
$25,000 as follows:
Affirmative Negative
votes cast votes cast
Common & Preferred 597,334 132,790
Preferred 134 0
[nsar]br-595.shv[raa]
