<DOCUMENT>
<TYPE>EX-99.77Q2
<SEQUENCE>3
<FILENAME>c41188_ex77q2.txt
<TEXT>
                                                                 EXHIBIT 99.77Q2

SUB - ITEM 77Q2.

Section 16(a) Beneficial Ownership Reporting Compliance

Based solely on a review of the copies of Section 16(a) forms furnished to the
Fund, or written representations that no Forms 5 were required, the Fund
believes that during 2005 all Section 16(a) filing requirements applicable to
its officers, directors and greater than 10% beneficial owners were complied
with, except that George Aylward, a director of the Fund's investment adviser,
was one day late in filing his Form 3.
</TEXT>
</DOCUMENT>
