<DOCUMENT>
<TYPE>EX-99.77Q2
<SEQUENCE>5
<FILENAME>item-77q2_11730.txt
<DESCRIPTION>EXCHANGE ACT SECTION 16(A) COMPLIANCE INFORMATION
<TEXT>
                                 Sub-Item 77Q(2)

                Exchange Act Section 16(a) Compliance Information

            During the fiscal year two Babson employees who had reporting
responsibilities with respect to transactions in securities failed to timely
file a Form 3 and Form 4 respectively. Mr. Davitt inadvertently failed to timely
file a Form 3 upon becoming Comptroller of the Trust. Ms. Fortier inadvertently
failed to timely file a Form 4 upon leaving her position as Comptroller of the
Trust.



</TEXT>
</DOCUMENT>
