0000950147-01-501615.txt : 20011008 0000950147-01-501615.hdr.sgml : 20011008 ACCESSION NUMBER: 0000950147-01-501615 CONFORMED SUBMISSION TYPE: NSAR-A PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20010326 FILED AS OF DATE: 20010919 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PILGRIM ADVISORY FUNDS INC CENTRAL INDEX KEY: 0000944689 STANDARD INDUSTRIAL CLASSIFICATION: [] IRS NUMBER: 954532342 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: NSAR-A SEC ACT: 1940 Act SEC FILE NUMBER: 811-09040 FILM NUMBER: 1740220 BUSINESS ADDRESS: STREET 1: 2 RENAISSANCE SQUARE 12TH FLR STREET 2: 40 NORTH CENTRAL CITY: PHOENIX STATE: AZ ZIP: 85004-4424 BUSINESS PHONE: 6024178100 MAIL ADDRESS: STREET 1: 2 RENAISSANCE SQUARE 12TH FLR STREET 2: 40 NORTH CENTRAL CITY: PHOENIX STATE: AZ ZIP: 85004 NSAR-A 1 answer.fil NSAR-A OF PILGRIM ADVISORY FUNDS, INC. 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028 F030100 0 028 F040100 0 028 G010100 2338 028 G020100 0 028 G030100 0 028 G040100 1763 028 H000100 2338 029 000100 Y 030 A000100 16 030 B000100 5.75 030 C000100 0.00 031 A000100 2 031 B000100 0 032 000100 14 033 000100 0 034 000100 Y 035 000100 22 036 A000100 N 036 B000100 0 038 000100 0 042 A000100 0 042 B000100 0 042 C000100 0 042 D000100 0 042 E000100 0 042 F000100 0 042 G000100 0 042 H000100 100 043 000100 208 044 000100 0 045 000100 Y 046 000100 N 047 000100 Y 048 000100 0.850 048 A010100 0 048 A020100 0.000 048 B010100 0 048 B020100 0.000 048 C010100 0 048 C020100 0.000 048 D010100 0 048 D020100 0.000 048 E010100 0 048 E020100 0.000 048 F010100 0 048 F020100 0.000 048 G010100 0 PAGE 8 048 G020100 0.000 048 H010100 0 048 H020100 0.000 048 I010100 0 048 I020100 0.000 048 J010100 0 048 J020100 0.000 048 K010100 0 048 K020100 0.000 066 A000100 Y 066 B000100 N 066 C000100 Y 066 D000100 N 066 E000100 N 066 F000100 N 066 G000100 N 067 000100 N 068 A000100 N 068 B000100 N 069 000100 N 070 A010100 Y 070 A020100 Y 070 B010100 Y 070 B020100 N 070 C010100 Y 070 C020100 N 070 D010100 Y 070 D020100 N 070 E010100 Y 070 E020100 N 070 F010100 Y 070 F020100 N 070 G010100 Y 070 G020100 N 070 H010100 Y 070 H020100 N 070 I010100 N 070 I020100 N 070 J010100 N 070 J020100 N 070 K010100 Y 070 K020100 N 070 L010100 Y 070 L020100 N 070 M010100 Y 070 M020100 N 070 N010100 N 070 N020100 N 070 O010100 Y 070 O020100 N 070 P010100 N PAGE 9 070 P020100 N 070 Q010100 N 070 Q020100 N 070 R010100 N 070 R020100 N 071 A000100 105903 071 B000100 105244 071 C000100 37313 071 D000100 23 072 A000100 2 072 B000100 78 072 C000100 545 072 D000100 0 072 E000100 0 072 F000100 236 072 G000100 0 072 H000100 0 072 I000100 0 072 J000100 5 072 K000100 5 072 L000100 7 072 M000100 3 072 N000100 39 072 O000100 3 072 P000100 0 072 Q000100 10 072 R000100 2 072 S000100 2 072 T000100 208 072 U000100 0 072 V000100 0 072 W000100 46 072 X000100 566 072 Y000100 0 072 Z000100 57 072AA000100 0 072BB000100 2679 072CC010100 66 072CC020100 0 072DD010100 0 072DD020100 0 072EE000100 0 073 A010100 0.0000 073 A020100 0.0000 073 B000100 0.0000 073 C000100 0.0000 074 A000100 11 074 B000100 2266 074 C000100 0 074 D000100 0 074 E000100 0 PAGE 10 074 F000100 31179 074 G000100 0 074 H000100 0 074 I000100 0 074 J000100 0 074 K000100 0 074 L000100 64 074 M000100 12 074 N000100 33532 074 O000100 0 074 P000100 0 074 Q000100 0 074 R010100 0 074 R020100 0 074 R030100 0 074 R040100 55 074 S000100 0 074 T000100 33477 074 U010100 2638 074 U020100 1485 074 V010100 13.10 074 V020100 12.51 074 W000100 0.0000 074 X000100 3839 074 Y000100 0 075 A000100 0 075 B000100 37287 076 000100 0.00 028 A010200 1002 028 A020200 0 028 A030200 1 028 A040200 1326 028 B010200 0 028 B020200 0 028 B030200 0 028 B040200 0 028 C010200 0 028 C020200 0 028 C030200 0 028 C040200 0 028 D010200 0 028 D020200 0 028 D030200 0 028 D040200 0 028 E010200 0 028 E020200 0 028 E030200 0 028 E040200 0 028 F010200 0 028 F020200 0 028 F030200 0 PAGE 11 028 F040200 0 028 G010200 1002 028 G020200 0 028 G030200 0 028 G040200 1326 028 H000200 1002 029 000200 Y 030 A000200 6 030 B000200 5.75 030 C000200 0.00 031 A000200 1 031 B000200 0 032 000200 5 033 000200 0 034 000200 Y 035 000200 18 036 A000200 N 036 B000200 0 037 000200 N 038 000200 0 039 000200 N 040 000200 Y 041 000200 Y 042 A000200 0 042 B000200 0 042 C000200 0 042 D000200 0 042 E000200 0 042 F000200 0 042 G000200 0 042 H000200 100 043 000200 142 044 000200 0 045 000200 Y 046 000200 N 047 000200 Y 048 000200 0.850 048 A010200 0 048 A020200 0.000 048 B010200 0 048 B020200 0.000 048 C010200 0 048 C020200 0.000 048 D010200 0 048 D020200 0.000 048 E010200 0 048 E020200 0.000 048 F010200 0 048 F020200 0.000 048 G010200 0 048 G020200 0.000 PAGE 12 048 H010200 0 048 H020200 0.000 048 I010200 0 048 I020200 0.000 048 J010200 0 048 J020200 0.000 048 K010200 0 048 K020200 0.000 066 A000200 Y 066 B000200 N 066 C000200 Y 066 D000200 N 066 E000200 N 066 F000200 N 066 G000200 N 067 000200 N 068 A000200 N 068 B000200 N 069 000200 N 070 A010200 Y 070 A020200 Y 070 B010200 Y 070 B020200 N 070 C010200 Y 070 C020200 N 070 D010200 Y 070 D020200 N 070 E010200 N 070 E020200 N 070 F010200 Y 070 F020200 N 070 G010200 Y 070 G020200 N 070 H010200 Y 070 H020200 N 070 I010200 N 070 I020200 N 070 J010200 N 070 J020200 N 070 K010200 Y 070 K020200 N 070 L010200 Y 070 L020200 Y 070 M010200 Y 070 M020200 N 070 N010200 N 070 N020200 N 070 O010200 Y 070 O020200 N 070 P010200 Y 070 P020200 N PAGE 13 070 Q010200 N 070 Q020200 N 070 R010200 N 070 R020200 N 071 A000200 57096 071 B000200 62731 071 C000200 36703 071 D000200 32 072 A000200 1 072 B000200 124 072 C000200 212 072 D000200 0 072 E000200 0 072 F000200 175 072 G000200 0 072 H000200 0 072 I000200 0 072 J000200 5 072 K000200 4 072 L000200 11 072 M000200 3 072 N000200 31 072 O000200 0 072 P000200 0 072 Q000200 11 072 R000200 3 072 S000200 3 072 T000200 142 072 U000200 0 072 V000200 0 072 W000200 41 072 X000200 429 072 Y000200 4 072 Z000200 -89 072AA000200 0 072BB000200 2008 072CC010200 1955 072CC020200 0 072DD010200 0 072DD020200 0 072EE000200 0 073 A010200 0.0000 073 A020200 0.0000 073 B000200 0.0000 073 C000200 0.0000 074 A000200 15 074 B000200 2505 074 C000200 0 074 D000200 0 074 E000200 0 074 F000200 33665 PAGE 14 074 G000200 0 074 H000200 0 074 I000200 0 074 J000200 0 074 K000200 0 074 L000200 6 074 M000200 16 074 N000200 36207 074 O000200 0 074 P000200 0 074 Q000200 0 074 R010200 0 074 R020200 0 074 R030200 0 074 R040200 51 074 S000200 0 074 T000200 36156 074 U010200 2725 074 U020200 1179 074 V010200 13.60 074 V020200 13.00 074 W000200 0.0000 074 X000200 3774 074 Y000200 0 075 A000200 0 075 B000200 31083 076 000200 0.00 SIGNATURE MIKE ROLAND TITLE CFO, SVP EX-99.77.C 3 ex77c.txt MATTERS SUBMITTED TO A VOTE OF SECURITY HOLDERS Exhibit 77(c) MATTERS SUBMITTED TO A VOTE OF SECURITY HOLDERS A Special Meeting of Shareholders of Pilgrim LargeCap Leaders Fund ("LargeCap Leaders"), a series of the Registrant, was held on March 15, 2001, for the purpose of approving the reorganization of LargeCap Leaders into the Pilgrim MagnaCap Fund, a series of Pilgrim Investment Funds, Inc., whereby LargeCap leaders would transfer its assets to the Pilgrim MagnaCap Fund in exchange for the applicable class of Shares of the Pilgrim MagnaCap Fund and assumption by Pilgrim MagnaCap Fund of Large Cap Leaders' liabilities (For: 1,174,456, Against: 23,913). A Special Meeting of Shareholders of Pilgrim MidCap Value Fund ("MidCap Value"), a series of the Registrant, was held on February 23, 2001, for the purpose of approving the reorganization of MidCap Value into the Pilgrim MagnaCap Fund, a series of Pilgrim Investment Funds, Inc., whereby MidCap Value would transfer its assets to the Pilgrim MagnaCap Fund in exchange for the applicable class of Shares of the Pilgrim MagnaCap Fund and assumption by Pilgrim MagnaCap Fund of MidCap Value's liabilities (For: 1,362,340, Against: 49,581). EX-99.77.D 4 ex77d.txt POLICIES WITH RESPECT TO SECURITY INVESTMENTS Exhibit 77(d) POLICIES WITH RESPECT TO SECURITY INVESTMENTS Effective November 16, 2000, the Fund revised its principal investment strategy to read as follows: The Fund normally invests at least 65% of its net assets in equity securities of large U.S. companies that the portfolio managers believe have above-average prospects for growth. The equity securities in which the Fund may invest include common and preferred stock, warrants, and convertible securities. The Fund considers a company to be large if its market capitalization corresponds at the time of purchase to the upper 90% of the S&P 500 Index. As of October 19th, 2000, this meant market capitalizations in the range of $10 billion to $571 billion. Capitalization of companies in the S&P 500 Index will change with market conditions. The portfolio managers emphasize a growth approach by searching for companies that they believe are managing change advantageously and may be poised to exceed growth expectations. The portfolio managers focus on both a "bottom-up" analysis that evaluates the financial condition and competitiveness of individual companies and a "top-down" thematic approach and a sell discipline. The portfolio managers seek to identify themes that reflect the major social, economic and technological trends that they believe are likely to shape the future of business and commerce over the next three to five years, and seek to provide a framework for identifying the industries and companies they believe may benefit most. This "top-down" approach is combined with rigorous fundamental research (a "bottom-up" approach) to guide stock selection and portfolio structure. EX-99.77.Q.1 5 ex77q1.txt EXHIBITS Exhibit 77(q)(1) EXHIBITS (b) Text of revised principal investment strategy of Pilgrim LargeCap Leaders Fund - filed as a supplement dated November 16, 2000, to the Class A, B, C, M and T U.S. Equity Funds and Equity & Income Funds Prospectus dated November 1, 2000, as filed on November 17, 2000 and incorporated herein by reference. (e)(1) Form of Investment Management Agreement between the Registrant, on behalf of the Funds, and Pilgrim Investments, Inc. - filed as an exhibit to Post-Effective Amendment No. 15 to the Registrant's Form N-1A Registration Statement on December 22, 2000 and incorporated herein by reference.