<DOCUMENT>
<TYPE>EX-99.77D POLICIES
<SEQUENCE>3
<FILENAME>d77.txt
<TEXT>
 SUB ITEM 77D

Effective October 23, 2007, the Trustees authorized the Trust to incu
 indebtedness up to 33-1/3% of its
gross assets.  Such authorization is consistent with the Trust's Investment
 Objectives and Policies

contained in Amendment No. 10 to the Registration Statement of the Trust
(File No. 811-5822), as filed
with the Securities and Exchange Commission via EDGAR on March 30, 1998 on
Form N-2 under the Investment
Company Act of 1940.  Such document is incorporated herein by reference.


</TEXT>
</DOCUMENT>
