EX-99.77O RULE 10F-3 3 g92024ex77o.htm RULE 10F-3 TRANSACTION REPORT

Schedule A

RULE 10F-3 TRANSACTIONS REPORT
April 1, 2004 through September 30, 2004
Affiliated Underwriter: Banc of America Securities, LLC

                                                                         
    Type of                                                    
    Security*   Date                   Principal/                           % of
    (1), (2),   Offering   Purchase           Shares           Price Paid   % of   Fund
Issuer
   (3), (4)
   Commenced
   Date
   Selling Broker**
   Purchased
   Price/Par
   By Fund
   Issue
   Assets
Nations Funds Trust
                                                                        
Nations Asset Allocation Fund
                                                                        
HAROT 2004-1 A4 3.06% 10/21/09
     1       04/15/04       04/15/04     JPMorgan Chase     676,000     $ 99.976     $ 675,835       0.04 %     0.35 %
Caterpillar Financial Serv 4.5% 6/15/09
     1       06/15/04       06/15/04     CitiGroup Financial     135,000     $ 99.740     $ 134,649       0.02 %     0.07 %
 
                                                                        
Nations Bond Fund
                                                                        
FHLMC 2.875% 5/15/07
     1       04/15/04       04/15/04     Morgan Stanley     4,000,000     $ 99.986     $ 3,999,440       0.10 %     0.18 %
Caterpillar Financial Serv 4.5% 6/15/09
     1       06/15/04       06/15/04     CitiGroup Financial     4,105,000     $ 99.740     $ 4,094,327       0.63 %     0.19 %
 
                                                                        
Nations Convertible Securities Fund
                                                                        
Conseco Mandatory Convertible Preferred 5.5% 5/15/07
     1       05/06/04       05/06/04     Goldman Sachs & Co     99,500     $ 25.000     $ 2,487,500       0.41 %     0.16 %
AdvancedMedical Optics, Inc. 2.5% 7/15/24
     3       06/16/04       06/16/04     Lehman Bros Inc     14,920,000     $ 100.000     $ 14,920,000       4.97 %     0.99 %
Kellwood Company 3.5% 6/15/34
     3       06/17/04       06/17/04     JPMorgan Chase     1,990,000     $ 100.000     $ 1,990,000       1.11 %     0.13 %
Century Aluminum Convertible Bond 1.75% 08/01/24
     3       07/30/04       07/30/04     Credit Suisse First Boston     4,980,000     $ 100.00     $ 4,980,000       3.32 %     0.33 %
Schering Plough Convertible Preferred 6%
     3       08/04/04       08/04/04     Goldman Sachs     124,500     $ 50.00     $ 6,225,000       0.50 %     0.42 %
 
                                                                        
Nations Government Securities Fund
                                                                        
FHLMC 2.875% 5/15/07
     1       04/15/04       04/15/04     Morgan Stanley     1,000,000     $ 99.986     $ 999,860       0.03 %     0.52 %
 
                                                                        
Nations MidCap Value Fund
                                                                        
Flextronics International Ltd.
     1       07/22/04       07/22/04     CitiGroup Financial     36,000     $ 12.50     $ 450,000       0.01 %     0.09 %
 
                                                                        
Nations Short-Term Income Fund
                                                                        
JDOT 2004-A A3 2.32% 12/17/07
     1       04/13/04       04/13/04     Merril Lynch     5,000,000     $ 99.983     $ 4,999,156       2.70 %     0.40 %
FHLMC 2.875% 5/15/07
     1       04/15/04       04/15/04     First Tennesse     15,000,000     $ 99.986     $ 14,997,900       0.38 %     1.21 %
 
                                                                        
Nations Short-Intermediate Government Fund
                                                                        
FHLMC 2.875% 5/15/07
     1       04/15/04       04/15/04     Morgan Stanley     1,000,000     $ 99.986     $ 999,860       0.03 %     0.25 %
 
                                                                        
Nations Strategic Income Fund
                                                                        
HAROT 2004-1 A4 3.06% 10/21/09
     1       04/15/04       04/15/04     JPMorgan Chase     1,403,000     $ 99.976     $ 1,402,657       0.09 %     0.59 %
BMWOT 2004-A A4 3.32% 2/25/09
     1       05/04/04       05/04/04     JPM/Chase CMO, ABS     1,126,000     $ 99.980     $ 1,125,770       0.08 %     0.48 %
FORDO 2004-A A4 3.540% 11/18/08
     1       05/18/04       05/18/04     Bear Stearns     2,503,000     $ 99.986     $ 2,502,650       0.18 %     1.09 %
Caterpillar Financial Serv 4.5% 6/15/09
     1       06/15/04       06/15/04     CitiGroup Financial     289,000     $ 99.740     $ 288,249       0.04 %     0.13 %
 
                                                                        
Nations Intermediate Municipal Fund
                                                                        
California State Economic Recovery Series A 5.0% 7/01/2015
     1       05/06/04       05/06/04     Lehman Bros Inc     5,000,000     $ 105.867     $ 5,293,350       0.07 %     0.29 %
California State Economic Recovery Series A 4.5% 1/01/2007
     1       05/06/04       05/06/04     Lehman Bros Inc     1,000,000     $ 105.336     $ 1,053,360       0.01 %     0.06 %
 
                                                                        
Nations Short-Term Municipal Income Fund
                                                                        
Puerto Rico Pub Bldgs Auth Rev Gtd 4.5% 7/01/22
     4       05/26/04       05/28/04     UBS Paine Webber     3,000,000     $ 103.668     $ 3,110,040       0.86 %     0.27 %
 
                                                                        
Nations Value Fund
                                                                        
 
                                                                        
Genworth Financial Inc. — Cl A
     1       05/24/04       05/24/04     Morgan Stanley     317,300     $ 19.500     $ 6,187,350       0.22 %     0.45 %
Genworth Financial Inc PFD
     1       05/24/04       05/24/04     Morgan Stanley     14,000     $ 25.000     $ 350,000       0.06 %     0.03 %
Flextronics International Ltd.
     1       07/22/04       07/22/04     CitiGroup Financial     356,960     $ 12.50     $ 4,462,000       0.12 %     0.31 %
 
                                                                        
High Income Portfolio
                                                                        
Superior Essex Comm 9.0% 04/15/12
     3       04/08/04       04/08/04     JPMorgan Chase     115,000     $ 97.240     $ 111,826       0.04 %     1.42 %
Tenet Healthcare Corp. 9.875% 07/01/14
     3       06/15/04       06/15/04     CitiGroup Financial     34,000     $ 97.674     $ 33,209       0.00 %     0.37 %
Freescale Semiconductor Inc. 4.38% 07/15/09
     3       07/16/04       07/16/04     Goldman Sachs     150,000     $ 100.00     $ 150,000       0.04 %     2.29 %

* The following designations identify whether the securities are: (1) part of a Registered Offering; (2) part of an Eligible Foreign Offering; (3) part of an Eligible Rule 144A Offering; or (4) Eligible Municipal Securities, as such terms are defined in the Procedures for Investment Pursuant to Rule 10f-3 under the Investment Company Act of 1940, as amended.

** The Selling Broker is not affiliated with the Affiliated Underwriter.

The amount of securities of any class purchased by a Fund aggregated with purchases by any other investment company advised by the Adviser, and any purchases by another account with respect to which the Adviser has investment discretion if the Adviser exercised such investment discretion with respect to the purchase, shall not exceed (i) 25% of the principal amount of the offering of such class or (ii) if an Eligible Rule 144A offering, 25% of the total of the principal amount of the offering of such class sold to qualified institutional buyers plus the principal amount of the offering of such class in any concurrent public offering.

The securities were offered in a firm commitment underwriting (unless a rights offering) and the securities purchased were of an issuer who had been in continuous operations for not less than three years, including predecessors (except for Eligible Municipal Securities).