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AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION AUGUST 18, 1995
REGISTRATION NOS. 33-77800
811-8480
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
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REGISTRATION STATEMENT UNDER THE
SECURITIES ACT OF 1933 (X)
POST-EFFECTIVE AMENDMENT NO. 4 (X)
REGISTRATION STATEMENT UNDER THE
INVESTMENT COMPANY ACT OF 1940 (X)
AMENDMENT NO. 5 (X)
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VAN KAMPEN AMERICAN CAPITAL REAL ESTATE SECURITIES FUND
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
2800 POST OAK BLVD., HOUSTON, TEXAS 77056
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICERS) (ZIP CODE)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE (713) 993-0500
RONALD A. NYBERG, ESQ.
EXECUTIVE VICE PRESIDENT, GENERAL COUNSEL AND SECRETARY
VAN KAMPEN AMERICAN CAPITAL, INC.
ONE PARKVIEW PLAZA
OAKBROOK TERRACE, ILLINOIS 60181
(NAME AND ADDRESS OF AGENT FOR SERVICE)
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COPY TO:
GEORGE M. BARTLETT, ESQ.
O'MELVENY & MYERS
400 SOUTH HOPE STREET
LOS ANGELES, CA 90071
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Approximate Date of Proposed Public Offering: As soon as practicable following
effectiveness of this Registration Statement.
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It is proposed that this filing will become effective:
/ / immediately upon filing pursuant to paragraph (b)
/X/ on August 19, 1995 pursuant to paragraph (b)
/ / 60 days after filing pursuant to paragraph (a)(i)
/ / on (date) pursuant to paragraph (a)(i)
/ / 75 days after filing pursuant to paragraph (a)(ii)
/ / on (date) pursuant to paragraph (a)(ii) of Rule 485
If appropriate check the following:
/ / this post-effective amendment designates a new effective date for a
previously filed post-effective amendment.
The Exhibit Index required by Rule 483(a) under the Securities Act of 1933
is located at page of the manually signed copy of this Registration Statement.
DECLARATION PURSUANT TO RULE 24F-2
REGISTRANT HAS REGISTERED AN INDEFINITE NUMBER OF SHARES UNDER THE SECURITIES
ACT OF 1933 PURSUANT TO RULE 24F-2 UNDER THE INVESTMENT COMPANY ACT OF 1940. THE
REGISTRANT FILED A 24F-2 NOTICE FOR THE MOST RECENT FISCAL YEAR ON OR ABOUT
FEBRUARY 28, 1995.
PURSUANT TO A TRANSACTION SCHEDULED TO BE EFFECTIVE AUGUST 19, 1995, AMERICAN
CAPITAL REAL ESTATE SECURITIES FUND, INC., A MARYLAND CORPORATION, WILL BE
COMBINED WITH VAN KAMPEN AMERICAN CAPITAL REAL ESTATE SECURITIES FUND, A
DELAWARE BUSINESS TRUST. UPON EFFECTIVENESS OF THE COMBINATION AND PURSUANT TO
RULE 414 UNDER THE SECURITIES ACT OF 1933, VAN KAMPEN AMERICAN CAPITAL REAL
ESTATE SECURITIES FUND ("SUCCESSOR REGISTRANT") ADOPTS AND SUCCEEDS TO THE
REGISTRATION STATEMENT OF AMERICAN CAPITAL REAL ESTATE SECURITIES FUND, INC.
AMERICAN CAPITAL REAL ESTATE SECURITIES FUND, INC. HAS IN THE PAST REGISTERED AN
INDEFINITE NUMBER OF SHARES OF COMMON STOCK UNDER THE SECURITIES ACT OF 1933
PURSUANT TO RULE 24F-2 UNDER THE INVESTMENT COMPANY ACT OF 1940. UPON THE
EFFECTIVE DATE OF THE COMBINATION, SUCCESSOR REGISTRANT HEREBY ADOPTS AND
SUCCEEDS TO ANY PRIOR RULE 24F-2 NOTICES OF AMERICAN CAPITAL REAL ESTATE
SECURITIES FUND, INC., SUCCESSOR REGISTRANT PROPOSES TO FILE ANY NOTICE REQUIRED
BY RULE 24F-2.
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<PAGE> 2
VAN KAMPEN AMERICAN CAPITAL REAL ESTATE SECURITIES FUND
CROSS REFERENCE SHEET
FORM N-1A ITEM
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PART A PROSPECTUS CAPTION
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1. Cover Page................................. Cover Page
2. Synopsis................................... Prospectus Summary; Shareholder Transaction
Expenses; Annual Fund Operating Expenses
and Example
3. Condensed Financial Information............ Financial Highlights
4. General Description of Registrant.......... The Fund; Investment Objectives and
Policies; Risk Factors; Investment
Practices; Description of Shares of the
Fund
5. Management of the Fund..................... The Fund; Investment Practices; Investment
Advisory Services; Inside Back Cover
6. Capital Stock and Other Securities......... The Fund; Distributions from the Fund; Tax
Status; Inside Back Cover; Redemption of
Shares; Additional Information
7. Purchase of Securities Being Offered....... Alternative Sales Arrangements; Purchase of
Shares
8. Redemption or Repurchase................... Shareholder Services; Redemption of Shares
9. Pending Legal Proceedings.................. Inapplicable
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<CAPTION>
PART B STATEMENT OF ADDITIONAL INFORMATION CAPTION
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10. Cover Page................................. Cover Page
11. Table of Contents.......................... Table of Contents
12. General Information and History............ General Information
13. Investment Objective and Policies.......... Investment Policies and Techniques;
Repurchase Agreements; Forward Commitments;
Options, Future Contracts and Options on
Futures Contracts; Investment
Restrictions
14. Management of the Registrant............... Investment Advisory Agreement; General
Information; Trustees and Executive
Officers
15. Control Persons and Principal Holders of
Securities............................... General Information; Investment Advisory
Agreements; Trustees and Executive
Officers
16. Investment Advisory and Other Services..... Investment Advisory Agreement; Distributor;
Transfer Agent; Other Information;
Portfolio Transactions and Brokerage
17. Brokerage Allocation and Other Practices... Portfolio Transactions and Brokerage
18. Capital Stock and Other Securities......... Purchase and Redemption of Shares
19. Purchase, Redemption and Pricing of
Securities Being Offered................. Determination of Net Asset Value; Purchase
and Redemption of Shares; Alternative Sales
Arrangements
20. Tax Status................................. Dividends, Distributions and Federal Taxes
21. Underwriters............................... Distributor
22. Calculation of Performance Data............ Fund Performance
23. Financial Statements....................... Financial Statements
PART C
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Information required to be included in Part C is set forth under the
appropriate item in Part C of this registration statement.
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Part A (Prospectus), Part B (Statement of Additional Information), Part
C, and each of the exhibits filed with Post-Effective Amendment #3 are hereby
incorporated by reference into Post-Effective Amenedment #4.
<PAGE> 4
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the Registrant certifies that it meets all of
the requirements for effectiveness of this Registration Statement pursuant to
Rule 485(b) under the Securities Act of 1933 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereto
duly authorized, in the City of Houston, and State of Texas, on the 18th day of
August, 1995.
VAN KAMPEN AMERICAN CAPITAL
REAL ESTATE SECURITIES FUND
By /s/ DON G. POWELL
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Don G. Powell, President
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed below by the following persons in the
capacities indicated on August 18, 1995:
Principal Executive Officer:
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/s/ DON G. POWELL President and Trustee
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Don G. Powell
Principal Financial Officer and Accounting
Officer:
/s/ CURTIS W. MORELL Vice President and Treasurer
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Curtis W. Morell
Trustees:
/s/ J. MILES BRANAGAN Trustee
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J. Miles Branagan
/s/ RICHARD E. CARUSO Trustee
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Richard E. Caruso
/s/ ROGER HILSMAN Trustee
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Roger Hilsman
/s/ DAVID REES Trustee
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David Rees
/s/ LAWRENCE J. SHEEHAN Trustee
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Lawrence J. Sheehan
/s/ FERNANDO SISTO Trustee
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Fernando Sisto
/s/ WILLIAM S. WOODSIDE Trustee
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William S. Woodside
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/s/ NORI L. GABERT
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Nori L. Gabert
Attorney-in-Fact
