Secutities 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 Orion Power TNP Enterprises
Underwriters Goldman, BofA, DB Alex. Brown, CIBC, Chase, Barclay
Fleet Paribas
Years of continuous
operation, including
predecessors > 3 years > 3 years
Security ORION 12%, 5/1/10 TNP 10.25%, 4/1/10
Is the affiliate a
manager or co-manager
of offering? co-manager no
Name of underwriter or
dealer from which
purchased Goldman n/a
Firm commitment
underwriting? yes yes
Trade date/Date of
Offering 4/20/2000 3/31/2000
Total dollar amount of
offering sold to QIBs $375,000,000 $275,000,000
Total dollar amount of
any concurrent public
offering $- $-
Total $375,000,000 $275,000,000
Public offering price 100.00 100.00
Price paid if other
than public offering
price same n/a
Underwriting spread or
commission 5.625% 3.00%
Rating Ba3/B+ Ba3/BB+
Current yield 10.00% 10.25%
Total par value
purchased $1,500,000 n/a
$ amount of purchase $1,500,000 n/a
% of offering purchased
by fund 0.40% n/a
% of offering purchased
by associated funds 0.00% n/a
Total 0.40% n/a
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