Item 77(D) - Effective September 19, 2012, the Board of Directors approved the
Fund's investments in mortgage- and asset-backed securities. Mortgage-backed
securities are mortgage-related securities issued or guaranteed by the U.S.
Government, its agencies and instrumentalities, or issued by non-government
entities. Mortgage related securities represent pools of mortgage loans
assembled for sale to investors by various government agencies, as well as by
non-government issuers such as commercial banks, savings and loan
institutions, mortgage bankers and private mortgage insurance companies.
Although certain mortgage-related securities are guaranteed by a third party
or otherwise similarly secured, the market value of the security, which may
fluctuate, is not guaranteed.

Other asset-backed securities are structured like mortgage-backed securities,
but instead of mortgage loans or interests in mortgage loans, the underlying
assets may include such items as motor vehicle installment sales or
installment loan contracts, leases of various types of real and personal
property, and receivables from credit card agreements and from sales of
personal property. Regular payments received in respect of such securities
include both interest and principal. Asset-backed securities typically have no
U.S. Government backing. Additionally, the ability of an issuer of
asset-backed securities to enforce its security interest in the underlying
assets may be limited.

If a Fund purchases a mortgage-backed or other asset-backed security at a
premium, that portion may be lost if there is a decline in the market value of
the security whether resulting from changes in interest rates or prepayments
in the underlying collateral. As with other interest-bearing securities, the
prices of such securities are inversely affected by changes in interest rates.
Although the value of a mortgage-backed or other asset-backed security may
decline when interest rates rise, the converse is not necessarily true, since
in periods of declining interest rates the mortgages and loans underlying the
securities are prone to prepayment, thereby shortening the average life of the
security and shortening the period of time over which income at the higher
rate is received. When interest rates are rising, the rate of prepayment tends
to decrease, thereby lengthening the period of time over which income at the
lower rate is received. For these and other reasons, a mortgage-backed or
other asset-backed security's average maturity may be shortened or lengthened
as a result of interest rate fluctuations and, therefore, it is not possible
to predict accurately the security's return.