<DOCUMENT>
<TYPE>EX-99.77Q1 OTHR EXHB
<SEQUENCE>4
<FILENAME>ex99-77q1.txt
<TEXT>

                                                                 EXHIBIT 99.77Q1

SUB - ITEM 77Q1.

On October 18, 2001, Section 3.14 of the Fund's bylaws was amended to read in
its entirety as follows:

"Section 3.14. Retirement of directors. Effective with the elections of
directors to be held at the annual meeting of stockholders in 1992, no person
shall stand for election or reelection as a director of the Fund if that person
would be 75 years old or older at the date of the proxy statement for the
meeting of stockholders at which such election would take place, unless such
person's candidacy shall have been approved by a unanimous vote of all of the
directors then in office (other than any director whose candidacy is being
approved.)"


</TEXT>
</DOCUMENT>
