Date: 06/30/2000 12:13 PM Subject: "File No. S7-09-00" "Disclosure of Mutual Fund Tax Returns" All mutual funds could be required to disclose after-tax returns based on standardized formulas comparable to the formula currently used to calculate before-tax average annual total returns. The proposed new rule could require funds that include after-tax returns in advertisements and other sales materials to include standardized after-tax returns. I hope these comments help you with your decision on make the proposed rule change. Thanks for your consideration in the matter, Robert Ridder