UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF

REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file Number 811-02278

The Value Line Premier Growth Fund, Inc.

(Exact name of registrant as specified in charter)

220 East 42nd Street, New York, NY 10017

Mitchell E. Appel

(Name and address of agent for service)

Registrant’s telephone number, including area code:  212-907-1500

Date of fiscal year end: December 31, 2009

Date of reporting period: September 30, 2009

Item 1: Schedule of Investments.

A copy of Schedule of Investments for the period ended 9/30/09 is included with this Form.

Value Line Premier Growth Fund, Inc.

Schedule of Investments (unaudited) September 30, 2009

Shares			Value
COMMON STOCKS (92.9%)
		CONSUMER DISCRETIONARY  (9.7%)
	33,500	Aeropostale, Inc.  *	$	1,456,245
	13,000	Autoliv, Inc.		436,800
	8,400	AutoZone, Inc.  *		1,228,248
	18,000	Bally Technologies, Inc.  *		690,660
	32,000	BorgWarner, Inc.		968,320
	18,300	Brink's Home Security Holdings, Inc.  *		563,457
	34,500	Buckle, Inc. (The)		1,177,830
	15,100	Central European Media Enterprises Ltd. Class A  *		517,175
	19,600	Ctrip.com International Ltd. ADR *		1,152,284
	11,400	DeVry, Inc.		630,648
	17,000	DIRECTV Group, Inc. (The)  *		468,860
	44,000	GameStop Corp. Class A *		1,164,680
	46,000	Guess?, Inc.		1,703,840
	15,500	ITT Educational Services, Inc.  *		1,711,355
	3,000	Lincoln Educational Services Corp.  *		68,640
	56,000	LKQ Corp.  *		1,038,240
	8,000	Lumber Liquidators, Inc.  *		173,520
	20,800	Luxottica Group S.p.A. ADR *		537,264
	27,000	Marvel Entertainment, Inc.  *		1,339,740
	18,000	O'Reilly Automotive, Inc.  *		650,520
	52,000	Penn National Gaming, Inc.  *		1,438,320
	30,000	Phillips-Van Heusen Corp.		1,283,700
	6,000	Priceline.com, Inc.  *		994,920
	14,000	Ross Stores, Inc.		668,780
	46,000	Shaw Communications, Inc. Class B		828,460
	16,000	Sherwin-Williams Co. (The)		962,560
	55,000	Sonic Corp.  *		608,300
	6,700	Strayer Education, Inc.		1,458,456
	34,300	TJX Companies, Inc. (The)		1,274,245
	35,000	Tupperware Brands Corp.		1,397,200
	5,000	Vail Resorts, Inc.  *		167,700
	26,500	Warnaco Group, Inc. (The)  *		1,162,290
	29,000	WMS Industries, Inc.  *		1,292,240
	34,000	Yum! Brands, Inc.		1,147,840
				32,363,337
		CONSUMER STAPLES  (5.2%)
	17,000	BRF - Brasil Foods SA ADR *		905,250
	17,000	British American Tobacco PLC ADR		1,075,250
	14,000	Chattem, Inc.  *		929,740
	24,200	Church & Dwight Co., Inc.		1,373,108
	16,800	Coca-Cola Femsa, S.A.B. de C.V. ADR		808,080
	29,000	Companhia de Bebidas das Americas ADR		2,385,540
	28,000	CVS Caremark Corp.		1,000,720
	56,250	Flowers Foods, Inc.		1,478,813
	20,000	Fomento Economico Mexicano S.A.B. de C.V. ADR		761,000
	30,000	Green Mountain Coffee Roasters, Inc.  *		2,215,200
	8,000	Hansen Natural Corp.  *		293,920
	20,000	Hormel Foods Corp.		710,400
	20,000	Molson Coors Brewing Co. Class B		973,600
	16,000	Philip Morris International, Inc.		779,840
	32,000	Ruddick Corp.		851,840
	22,000	TreeHouse Foods, Inc.  *		784,740
				17,327,041

Shares			Value
		ENERGY  (7.4%)
	11,000	Arena Resources, Inc.  *	$	390,500
	15,800	BG Group PLC ADR		1,375,706
	20,000	Bristow Group, Inc.  *		593,800
	8,600	CNOOC Ltd. ADR		1,164,698
	10,500	Core Laboratories N.V.		1,082,445
	44,000	FMC Technologies, Inc.  *		2,298,560
	22,200	Forest Oil Corp.  *		434,454
	24,000	Penn Virginia Corp.		549,840
	64,000	Petroleo Brasileiro S.A. ADR		2,937,600
	30,000	Quicksilver Resources, Inc.  *		425,700
	61,000	Range Resources Corp.		3,010,960
	33,600	Southern Union Co.		698,544
	70,000	Southwestern Energy Co.  *		2,987,600
	38,000	Suncor Energy, Inc.		1,313,280
	8,000	Superior Energy Services, Inc.  *		180,160
	17,000	Talisman Energy, Inc.		294,780
	77,500	Tenaris S.A. ADR		2,760,550
	32,000	Tesoro Corp.		479,360
	26,000	TransCanada Corp.		806,520
	18,000	Willbros Group, Inc.  *		274,140
	17,470	XTO Energy, Inc.		721,860
				24,781,057
		FINANCIALS  (10.5%)
	12,000	Affiliated Managers Group, Inc.  *		780,120
	20,600	AFLAC, Inc.		880,444
	30,000	American Financial Group, Inc.		765,000
	15,000	Arch Capital Group Ltd.  *		1,013,100
	9,490	AvalonBay Communities, Inc.		690,208
	69,909	Banco Bilbao Vizcaya Argentaria, S.A. ADR		1,247,177
	60,000	Banco Santander Central Hispano S.A. ADR		969,000
	5,500	Banco Santander Chile S.A. ADR		316,470
	35,000	Bancolombia S.A. ADR		1,502,550
	25,000	Bank of Hawaii Corp.		1,038,500
	13,300	Bank of Montreal		673,512
	22,100	Bank of Nova Scotia		1,007,318
	10,700	BlackRock, Inc.		2,319,974
	16,000	BRE Properties, Inc.		500,800
	8,200	Canadian Imperial Bank of Commerce		500,282
	8,808	Commerce Bancshares, Inc.		328,010
	12,000	Credicorp Ltd.		933,120
	5,000	Credit Suisse Group ADR		278,250
	34,000	Eaton Vance Corp.		951,660
	9,400	Essex Property Trust, Inc.		748,052
	9,000	Franklin Resources, Inc.		905,400
	6,200	Goldman Sachs Group, Inc. (The)		1,142,970
	18,300	HDFC Bank Ltd. ADR		2,166,171
	89,768	Hudson City Bancorp, Inc.		1,180,449
	16,000	ICICI Bank Ltd. ADR		616,960
	111,376	Itau Unibanco Banco Multiplo S.A. ADR		2,244,228
	20,000	Manulife Financial Corp.		418,800
	18,212	MetLife, Inc.		693,331
	17,900	Northern Trust Corp.		1,041,064
	47,250	People's United Financial, Inc.		735,210
	33,000	Raymond James Financial, Inc.		768,240
	2,264	Reinsurance Group of America, Inc.		100,974
	14,400	Royal Bank of Canada		771,408
	12,000	Stifel Financial Corp.  *		658,800
	24,100	Sun Life Financial, Inc.		752,884

1

Value Line Premier Growth Fund, Inc.
	September 30, 2009

Shares			Value
	24,000	T. Rowe Price Group, Inc.	$	1,096,800
	16,000	Taubman Centers, Inc.		577,280
	6,000	Torchmark Corp.		260,580
	7,400	Toronto-Dominion Bank (The)		476,930
	20,000	U.S. Bancorp		437,200
	30,000	Wells Fargo & Co.		845,400
				35,334,626
		HEALTH CARE  (15.1%)
	56,000	Alexion Pharmaceuticals, Inc.  *		2,494,240
	17,200	Allergan, Inc.		976,272
	23,000	Amedisys, Inc.  *		1,003,490
	21,000	Auxilium Pharmaceuticals, Inc.  *		718,410
	9,000	Baxter International, Inc.		513,090
	16,000	Bayer AG ADR		1,113,600
	14,500	Becton, Dickinson & Co.		1,011,375
	11,000	Bio-Rad Laboratories, Inc. Class A *		1,010,680
	27,060	Celgene Corp.  *		1,512,654
	11,000	Cerner Corp.  *		822,800
	17,500	Charles River Laboratories International, Inc.  *		647,150
	6,000	Computer Programs & Systems, Inc.		248,460
	18,400	Covance, Inc.  *		996,360
	19,400	Covidien PLC		839,244
	23,000	DENTSPLY International, Inc.		794,420
	13,000	Edwards Lifesciences Corp.  *		908,830
	8,000	Emergency Medical Services Corp. Class A *		372,000
	40,000	Express Scripts, Inc.  *		3,103,200
	20,900	Fresenius Medical Care AG & Co. KGaA ADR		1,039,566
	42,000	Gilead Sciences, Inc.  *		1,956,360
	12,600	Haemonetics Corp.  *		707,112
	56,000	Henry Schein, Inc.  *		3,074,960
	12,000	HMS Holdings Corp.  *		458,760
	24,000	IDEXX Laboratories, Inc.  *		1,200,000
	51,200	Illumina, Inc.  *		2,176,000
	32,500	Immucor, Inc.  *		575,250
	20,000	Intuitive Surgical, Inc.  *		5,245,000
	13,200	Laboratory Corporation of America Holdings  *		867,240
	8,000	Life Technologies Corp.  *		372,400
	20,000	Masimo Corp.  *		524,000
	30,000	Medco Health Solutions, Inc.  *		1,659,300
	8,400	Mettler-Toledo International, Inc.  *		760,956
	17,800	Novo Nordisk A/S ADR		1,120,510
	28,000	NuVasive, Inc.  *		1,169,280
	27,000	Owens & Minor, Inc.		1,221,750
	6,000	Palomar Medical Technologies, Inc.  *		97,260
	32,000	Perrigo Co.		1,087,680
	27,000	Pharmaceutical Product Development, Inc.		592,380
	12,000	Techne Corp.		750,600
	23,000	Teva Pharmaceutical Industries Ltd. ADR		1,162,880
	38,000	Thermo Fisher Scientific, Inc.  *		1,659,460
	5,600	United Therapeutics Corp.  *		274,344
	19,000	Waters Corp.  *		1,061,340
	22,400	West Pharmaceutical Services, Inc.		909,664
				50,810,327
		INDUSTRIALS  (22.7%)
	85,000	ABB Ltd. ADR *		1,703,400

Shares			Value
	24,300	Acuity Brands, Inc.	$	782,703
	20,000	Aecom Technology Corp.  *		542,800
	12,000	Alliant Techsystems, Inc.  *		934,200
	8,800	Ameron International Corp.		615,824
	33,000	AMETEK, Inc.		1,152,030
	4,000	Applied Signal Technology, Inc.		93,080
	25,000	AZZ, Inc.  *		1,004,250
	35,600	Barnes Group, Inc.		608,404
	36,000	BE Aerospace, Inc.  *		725,040
	18,300	Brink's Co. (The)		492,453
	28,400	Bucyrus International, Inc.		1,011,608
	13,500	Burlington Northern Santa Fe Corp.		1,077,705
	30,000	C.H. Robinson Worldwide, Inc.		1,732,500
	22,900	Canadian National Railway Co.		1,121,871
	19,000	Canadian Pacific Railway Ltd.		888,250
	12,400	Carlisle Companies, Inc.		420,484
	14,000	Caterpillar, Inc.		718,620
	34,000	CLARCOR, Inc.		1,066,240
	23,200	Cooper Industries PLC. Class A		871,624
	27,000	Copart, Inc.  *		896,670
	43,000	Corrections Corp. of America  *		973,950
	44,000	Covanta Holding Corp.  *		748,000
	23,300	Curtiss-Wright Corp.		795,229
	16,000	Danaher Corp.		1,077,120
	19,200	Deere & Co.		824,064
	14,000	Dun & Bradstreet Corp. (The)		1,054,480
	12,600	Eaton Corp.		713,034
	40,000	EMCOR Group, Inc.  *		1,012,800
	8,000	EnerSys  *		176,960
	20,000	Esterline Technologies Corp.  *		784,200
	18,000	Flowserve Corp.		1,773,720
	24,000	Fluor Corp.		1,220,400
	42,600	Foster Wheeler AG  *		1,359,366
	29,000	FTI Consulting, Inc.  *		1,235,690
	23,200	Gardner Denver, Inc.  *		809,216
	27,000	General Cable Corp.  *		1,057,050
	42,000	Geo Group, Inc. (The)  *		847,140
	6,000	GeoEye, Inc.  *		160,800
	28,125	Graco, Inc.		783,844
	10,000	Harbin Electric, Inc.  *		168,800
	26,000	Harsco Corp.		920,660
	33,000	Hunt (J.B.) Transport Services, Inc.		1,060,290
	29,850	IDEX Corp.		834,307
	22,600	IHS, Inc. Class A  *		1,155,538
	34,500	Iron Mountain, Inc.  *		919,770
	17,200	ITT Corp.		896,980
	21,000	Kansas City Southern  *		556,290
	21,000	Kaydon Corp.		680,820
	34,000	Kirby Corp.  *		1,251,880
	12,500	L-3 Communications Holdings, Inc.		1,004,000
	88,500	Lan Airlines S.A. ADR		1,166,430
	46,000	Landstar System, Inc.		1,750,760
	31,500	Lennox International, Inc.		1,137,780
	11,000	Lockheed Martin Corp.		858,880
	15,600	MSC Industrial Direct Co., Inc. Class A		679,848
	14,000	Navistar International Corp.  *		523,880
	20,000	Norfolk Southern Corp.		862,200
	15,000	Northrop Grumman Corp.		776,250
	44,000	Orbital Sciences Corp.  *		658,680
	10,000	Oshkosh Truck Corp.		309,300
	23,800	Precision Castparts Corp.		2,424,506
	36,000	Quanta Services, Inc.  *		796,680

2

Shares			Value
	18,400	Raytheon Co.	$	882,648
	6,000	Regal-Beloit Corp.		274,260
	37,500	Republic Services, Inc.		996,375
	34,000	Robbins & Myers, Inc.		798,320
	21,000	Rollins, Inc.		395,850
	26,000	Roper Industries, Inc.		1,325,480
	48,700	Rush Enterprises, Inc. Class A *		629,204
	21,000	Snap-on, Inc.		729,960
	20,000	Stanley, Inc.  *		514,400
	36,600	Stericycle, Inc.  *		1,773,270
	9,000	Teledyne Technologies, Inc.  *		323,910
	33,000	Toro Co. (The)		1,312,410
	10,000	TransDigm Group, Inc.  *		498,100
	9,400	Triumph Group, Inc.		451,106
	17,000	United Technologies Corp.		1,035,810
	43,369	URS Corp.  *		1,893,057
	13,700	Valmont Industries, Inc.		1,166,966
	12,600	W.W. Grainger, Inc.		1,125,936
	16,000	Wabtec Corp.		600,480
	17,800	Waste Connections, Inc.  *		513,708
	25,300	Watson Wyatt Worldwide, Inc. Class A		1,102,068
	24,000	Woodward Governor Co.		582,240
				76,186,906
		INFORMATION TECHNOLOGY  (10.0%)
	46,000	Activision Blizzard, Inc.  *		569,940
	19,000	Alliance Data Systems Corp.  *		1,160,520
	40,800	Amphenol Corp. Class A		1,537,344
	22,700	Anixter International, Inc.  *		910,497
	60,000	ANSYS, Inc.  *		2,248,200
	60,000	Ariba, Inc.  *		696,000
	34,000	Atheros Communications, Inc.  *		902,020
	20,400	Blackboard, Inc.  *		770,712
	21,000	Canon, Inc. ADR		839,790
	60,000	Cognizant Technology Solutions Corp. Class A  *		2,319,600
	34,000	CommScope, Inc.  *		1,017,620
	30,000	Concur Technologies, Inc.  *		1,192,800
	35,000	CyberSource Corp.  *		583,450
	27,550	Diodes, Inc.  *		498,380
	13,000	Dolby Laboratories, Inc. Class A  *		496,470
	16,000	Equinix, Inc.  *		1,472,000
	11,000	FactSet Research Systems, Inc.		728,640
	15,961	Fidelity National Information Services, Inc.		407,165
	9,000	Global Payments, Inc.		420,300
	3,000	Google, Inc. Class A *		1,487,550
	40,000	Informatica Corp.  *		903,200
	14,400	Infosys Technologies Ltd. ADR		698,256
	11,300	Itron, Inc.  *		724,782
	9,300	MasterCard, Inc. Class A		1,879,995
	37,200	MICROS Systems, Inc.  *		1,123,068
	63,000	Nuance Communications, Inc.  *		942,480
	16,000	Omniture, Inc.  *		343,040
	15,000	Pegasystems, Inc.		517,950
	8,000	Rackspace Hosting, Inc.  *		136,480
	30,000	Salesforce.com, Inc.  *		1,707,900

Shares			Value
	68,680	Siliconware Precision Industries Co. ADR	$	493,122
	27,000	Sybase, Inc.  *		1,050,300
	4,000	SYNNEX Corp.  *		121,920
	23,000	Teradata Corp.  *		632,960
	8,000	TNS, Inc.  *		219,200
	30,000	Trimble Navigation Ltd.  *		717,300
	16,000	VanceInfo Technologies, Inc. ADR *		311,040
	14,000	VistaPrint NV  *		710,500
				33,492,491
		MATERIALS  (5.9%)
	21,000	Agrium, Inc.		1,045,590
	15,000	Air Products & Chemicals, Inc.		1,163,700
	29,000	Airgas, Inc.		1,402,730
	44,000	Albemarle Corp.		1,522,400
	30,700	AptarGroup, Inc.		1,146,952
	7,000	Ball Corp.		344,400
	14,000	BASF AG ADR		742,000
	28,000	Celanese Corp. Series A		700,000
	16,000	Cliffs Natural Resources, Inc.		517,760
	26,000	Crown Holdings, Inc.  *		707,200
	26,000	Ecolab, Inc.		1,201,980
	22,000	FMC Corp.		1,237,500
	18,500	Greif, Inc. Class A		1,018,425
	17,000	Mosaic Co. (The)		817,190
	9,000	NewMarket Corp.		837,360
	30,000	Praxair, Inc.		2,450,700
	30,000	Sigma-Aldrich Corp.		1,619,400
	18,800	Syngenta AG ADR		863,860
	24,570	Votorantim Celulose e Papel SA ADR *		403,194
				19,742,341
		TELECOMMUNICATION SERVICES  (3.4%)
	35,750	American Tower Corp. Class A *		1,301,300
	12,601	Brasil Telecom Participacoes S.A. ADR		671,633
	50,877	Crown Castle International Corp.  *		1,595,503
	10,000	Millicom International Cellular S.A.  *		727,400
	20,000	Mobile TeleSystems ADR		965,400
	20,000	Neutral Tandem, Inc.  *		455,200
	19,500	Philippine Long Distance Telephone Co. ADR		1,002,300
	43,000	SBA Communications Corp. Class A *		1,162,290
	11,700	Telefonica S.A. ADR		970,047
	34,000	Telefonos de Mexico S.A. de C.V. ADR		592,960
	52,300	TW Telecom, Inc.  *		703,435
	73,500	Vimpel-Communications ADR *		1,374,450
				11,521,918
		UTILITIES  (3.0%)
	18,000	AGL Resources, Inc.		634,860
	27,600	Cia de Saneamento Basico do Estado de Sao Paulo ADR		1,046,868
	16,000	Energen Corp.		689,600
	13,000	Entergy Corp.		1,038,180
	20,000	EQT Corp.		852,000
	17,000	FirstEnergy Corp.		777,240

3

Shares			Value
	20,000	ITC Holdings Corp.	$	909,000
	15,000	MDU Resources Group, Inc.		312,750
	20,000	Questar Corp.		751,200
	18,500	Sempra Energy		921,485
	27,000	Southern Co.		855,090
	31,000	UGI Corp.		776,860
	13,400	Wisconsin Energy Corp.		605,278
				10,170,411
		TOTAL COMMON STOCKS AND TOTAL INVESTMENT SECURITIES  (3) (92.9%) (Cost $242,976,323)		311,730,455

	Principal Amount			Value
SHORT-TERM INVESTMENTS (7.0%)
			U.S. GOVERNMENT AGENCY OBLIGATIONS  (4.5%)
	$	15,000,000	Federal Home Loan Bank Discount Notes, 0.10%, 11/27/09		14,997,625
			REPURCHASE AGREEMENTS (1) (2.5%)
		8,300,000	With Morgan Stanley, 0.01%, dated 9/30/09, due 10/1/09, delivery value $8,300,002 (collateralized by $8,435,000 U.S. Treasury Notes 1.3750%, due 03/15/12, with a value of $8,481,981)		8,300,000
			TOTAL SHORT-TERM INVESTMENTS (4) (Cost $23,297,625)		23,297,625
CASH AND OTHER ASSETS IN EXCESS OF LIABILITIES (0.1%)					387,098
NET ASSETS (2) (100%)				$	335,415,178
NET ASSET VALUE OFFERING AND REDEMPTION PRICE, PER OUTSTANDING SHARE ($335,415,178 ÷ 16,125,403 shares outstanding)				$	20.80

*	Non-income producing.
(1)	The Fund's custodian takes possession of the underlying collateral securities, the value of which exceeds the principal amount of the repurchase transaction, including accrued interest.
(2)	For federal income tax purposes, the aggregate cost was $266,273,948, aggregate gross unrealized appreciation was $90,613,992, aggregate gross unrealized depreciation was $21,859,860 and the net unrealized appreciation was $68,754,132.
(3)	Unless otherwise indicated, the values of the Portfolio are determined based on Level 1 inputs established by FASB ASC 820-10, Fair Value Measurements and Disclosures.
(4)	Value determined based on Level 2 inputs established by FASB ASC 820-10, Fair Value Measurements and Disclosures.
ADR	American Depositary Receipt.

4

In accordance with FASB ASC 820-10, Fair Value Measurements and Disclosures, (formerly Statement of Financial Accounting Standards ("SFAS") No. 157), the Fund discloses the fair value of its investments in a hierarchy that prioritizes the inputs to valuation techniques used to measure the fair value. The hierarchy gives the highest priority to valuations based upon unadjusted quoted prices in active markets for identical assets or liabilities (level 1 measurement) and the lowest priority to valuations based upon unobservable inputs that are significant to the valuation (level 3 measurements). FASB ASC 820-10-35-39 to 55 provides three levels of the fair value hierarchy as follows:

● Level 1: Inputs that reflect unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access at the measurement date;

● Level 2: Inputs other than quoted prices that are observable for the asset or liability either directly or indirectly, including inputs in markets that are not considered to be active;

● Level 3: Inputs that are unobservable.

In April 2009, the Fund adopted the authoritative guidance included in FASB ASC 820-10, Fair Value Measurements and Disclosures, on determining fair value when the volume and level of activity for the asset or liability have significantly decreased and identifying transactions that are not orderly (formerly FSP FAS 157-4). FASB ASC 820-10-35-51A to 51H indicates that if an entity determines that either the volume and/or level of activity for an asset or liability has significantly decreased (from normal conditions for that asset or liability) or price quotations or observable inputs are not associated with orderly transactions, increased analysis and management judgment will be required to estimate fair value. Valuation techniques such as an income approach might be appropriate to supplement or replace a market approach in those circumstances. It provides a list of factors to determine whether there has been a significant decrease in relation to normal market activity. Regardless, however, of the valuation technique and inputs used, the objective for the fair value measurement in those circumstances is unchanged from what it would be if markets were operatingat normal activity levels and/or transactions were orderly; that is, to determine the current exit price as promulgated by FASB ASC 820-10. The guidance also requires additional disclosures regarding inputs and valuation techniques used, change in valuation techniques and related inputs, if any, and more disaggregated information relating to debt and equity securities.

The following is a summary of the inputs used as of September 30, 2009 in valuing the Fund’s investments carried at value:

Investments in Securities:	Level 1		Level 2		Level 3		Total
Assets
Common Stocks	$	311,730,455	$	0	$	0	$	311,730,455
Short Term Investments		0		23,297,625		0		23,297,625
Total Investments in Securities	$	311,730,455	$	23,297,625	$	0	$	335,028,080

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Item 2. Controls and Procedures.

(a)

The registrant’s principal executive officer and principal financial officer have concluded that the   registrant’s disclosure controls and procedures (as defined in rule 30a-2(c) under the Act (17 CFR 270.30a-2(c) ) based on their evaluation of these controls and procedures as of the date within 90 days of filing date of this report, are approximately designed to ensure that material information relating to the registrant is made known to such officers and are operating effectively.

(b)

The registrant’s principal executive officer and principal financial officer have determined that there have been no significant changes in the registrant’s internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including corrective actions with regard to significant deficiencies and material weaknesses.

Item 3. Exhibits:

(a) Certifications of principal executive officer and principal financial officer of the registrant.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

By	/s/ Mitchell E. Appel
	Mitchell E. Appel, President
Date:	November 25, 2009

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:	/s/ Mitchell E. Appel
	Mitchell E. Appel, President, Principal Executive Officer
By:	/s/ Emily D. Washington
	Emily D. Washington, Treasurer, Principal Financial Officer
Date:	November 25, 2009

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