Net investment income (loss) and net realized gain (loss) may differ for financial statement

and tax purposes. The character of dividends and distributions made during the

fiscal year from net investment income or net realized gains may differ from their ultimate

characterization for federal income tax purposes. Also, due to timing of dividends

and distributions, the fiscal year in which amounts are distributed may differ from the

fiscal year in which the income or net realized gain was recorded by the Fund.

Accordingly, the following amounts have been reclassified for September 30, 2010. Net

assets of the Fund were unaffected by the reclassifications.

      Increase            Increase to

          to Accumulated           Accumulated Net

                                                          Increase to        Net Investment                 Realized Loss

                        Paid-in Capital                      Income                on Investments

-----------------------------------------------------------------------------------------------

  $1,767,655                $2,886,320                       $4,653,975