For period ending    September 30, 2003   Exhibit 99.77C

File number 811-7528




Submission of Matters to a Vote of Security Holders:

On August 12, 2003 the registrants shareholders elected board
members at an annual meeting of shareholders.  Pursuant to
Instruction 2 of Sub-Item 77C of Form N-SAR, it is not necessary to
provide in this exhibit details concerning shareholder action
regarding the election of directors since there were no solicitations in
opposition to the registrants nominees and all of the nominees were
elected.