Securities Purchased Pursuant to rule 10F3
Morgan Grenfell High Yield Bond Fund April to June 2000
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Security Purchased Comparison Security Comparison Security
Issuer Fairpoint Communications Madison River Cap. MGC Communications
Underwriters Salomon, DB Alex. Brown GS, Bear Stearns, Chase, Bear Stearns, Salomon, MSDW Goldman, Merrill, UBS
Years of continuous
operation, including
predecessors > 3 years > 3 years > 3 years
Security FRPT 12.5%, 5/1/10 MADRIV 13.25%, 3/1/10 MPWR 13%, 4/1/10
Is the affiliate a
manager or co-manager
of offering? co-manager no no
Name of underwriter or
dealer from which
purchased Salomon n/a n/a
Firm commitment
underwriting? yes yes yes
Trade date/Date of
Offering 5/19/2000 2/14/2000 3/17/2000
Total dollar amount of
offering sold to QIBs $200,000,000 $200,000,000 $250,000,000
Total dollar amount of
any concurrent public
offering $- $- $-
Total $200,000,000 $200,000,000 $250,000,000
Public offering price 100.00 98.631 97.288
Price paid if other
than public offering
price same n/a n/a
Underwriting spread or
commission 5.00% 6.88%
Rating B3/B- Caa1/CCC+ B3/B-
Current yield 12.50% 13.43% 13.36%
Total par value
purchased $2,000,000 n/a n/a
$ amount of purchase $2,000,000 n/a n/a
% of offering purchased
by fund 1.00% n/a n/a
% of offering purchased
by associated funds 0.00% n/a n/a
Total 1.00% n/a n/a
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