<DOCUMENT>
<TYPE>EX-99.77D POLICIES
<SEQUENCE>3
<FILENAME>rnp77d.txt
<DESCRIPTION>POLICIES
<TEXT>
ITEM 77D: The board of directors approved amendments to eliminate
the non-fundamental investment restriction regarding the purchase
of securities on margin. The board of directors also approved
amendments to permit the fund to write call options on up to
25% of its net assets.
</TEXT>
</DOCUMENT>
