EX-99.77O RULE 10F-3 3 Insight77o.txt RULE 10f-3(c) PURCHASE RECORD FORM (See the Rule 10f-3 Procedures for definitions of the capitalized terms used herein.) 1. Name of Fund: Insight Select Income Fund 2. Name of Issuer: CVS Health Corporation 3. Underwriter from whom purchased: Bank of America Merrill Lynch 4. a. Affiliated Underwriter managing or participating in underwriting syndicate: BNY Mellon Capital Markets b. Identity of the other members of the syndicate: Barclays, Goldman Sachs, JP Morgan & Wells Fargo Securities 5. Aggregate principal amount of purchase by the Fund, other investment companies (including other series of the Fund) advised by the Adviser/Sub-adviser and other accounts over which the Adviser/Sub-adviser has investment discretion: 21,771,000 6. Aggregate principal amount of offering: 9,000,000,000 7. Purchase price (net of fees and expenses): 98.594 8. Offering price at close of first day on which any sales were made: 98.993 9. Date of Purchase: 3/6/2018 10. Date offering commenced: 3/6/2018 11. Commission, spread or profit: 0% $ / share 12. Have the following conditions been satisfied? Yes OR No a. The securities are: part of an issue registered under the Securities Act of 1933 which is being offered to the public; YES part of an issue of government securities, as defined in section 2(a)(16) of the 1940 Act; NO Eligible Municipal Securities; NO sold in an Eligible Foreign Offering; OR NO sold in an Eligible Rule 144A Offering? NO b. (1) If the securities are municipal securities, the municipal securities are sufficiently liquid that they can be sold at or near their carrying value within a reasonably short period of time? NO (2) Are the municipal securities (a) subject to no greater than moderate credit risk; or (b) if the issuer of the municipal securities, or the entity supplying the revenues or other payments from which the issue is to be paid, has been in continuous operation for less than three years, including the operation of any predecessors, are the securities subject to a minimal or low amount of credit risk? NO (3) As part of your assessment in determining whether the securities are eligible municipal securities, did you consider reports, analyses, opinions and other assessments issued by third- parties, including nationally recognized statistical rating organizations? NO Please describe the materials used in your assessment. __________________________ c. (1) The securities were purchased prior to the end of the first day on which any sales were made, at a price that is not more than the price paid by each other purchaser of securities in that offering or in any concurrent offering of the securities (except, in the case of an Eligible Foreign Offering, for any rights to purchase that are required by law to be granted to existing security holders of the issuer); OR YES (2) If the securities to be purchased were offered for subscription upon exercise of rights, such securities were purchased on or before the fourth day preceding the day on which the rights offering terminates? d. The underwriting was a firm commitment underwriting? YES e. The commission, spread or profit was reasonable and fair in relation to that being received by others for underwriting similar securities during the same period? YES f. The issuer of the securities, except for Eligible Municipal Securities, and its predecessors have been in continuous operation for not less than three years? g. (1) Is the Adviser/Sub-adviser of the Fund a principal underwriter of the security or an affiliated person of a principal underwriter of the security? If the answer is no, please proceed to section h. NO (a) The amount of the securities, other than those sold in an Eligible Rule 144A Offering (see below), purchased by the Fund, all investment companies (including other series of the Fund) advised by the Adviser/Sub-adviser and other accounts with respect to which the Adviser/Sub-adviser has investment discretion did not exceed 25% of the principal amount of the offering; OR (b) If the securities purchased were sold in an Eligible Rule 144A Offering, the amount of such securities purchased the Fund, all investment companies (including other series of the Fund) advised by the Adviser/Sub-adviser and other accounts with respect to which the Adviser/Sub-adviser has investment discretion did not exceed 25% of the total of: (i) The principal amount of the offering of such class sold by underwriters or members of the selling syndicate to qualified institutional buyers, as defined in Rule 144A(a)(1), plus (ii) The principal amount of the offering of such class in any concurrent public offering? h. (1) No Affiliated Underwriter of the purchasing Fund was a direct or indirect participant in or beneficiary of the sale; OR NO (2) With respect to the purchase of Eligible Municipal Securities, such purchase was not designated as a group sale or otherwise allocated to the account of an Affiliated Underwriter? NO i. Information has or will be timely supplied to the appropriate officer of the Fund for inclusion on SEC Form N-SAR and quarterly reports to the Trustees? YES I have submitted these answers and completed this form based on all available information. Date: 4/25/2018 Gautam Khanna Insight Investment