Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940, 66079-66082 [E8-26441]
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Federal Register / Vol. 73, No. 216 / Thursday, November 6, 2008 / Notices
greater than zero, the surcharge will be
2.5 percent. The maximum surcharge of
3.5 percent applies if the RUI Account
balance is less than zero.
The system compensation base as of
June 30, 1991 was $2,763,287,237.04.
The system compensation base for June
30, 2008 was $3,596,278,039.12. The
ratio of $3,596,278,039.12 to
$2,763,287,237.04 is 1.30144923.
Multiplying 1.30144923 by $100 million
yields $130,144,923. Multiplying $50
million by 1.30144923 produces
$65,072,462. The Account balance on
June 30, 2008, was $122,524,603.90.
Accordingly, the surcharge rate for
calendar year 2009 is 1.5 percent.
sroberts on PROD1PC70 with NOTICES
Monthly Compensation Base
For years after 1988, section 1(i) of the
Act contains a formula for determining
the monthly compensation base. Under
the prescribed formula, the monthly
compensation base increases by
approximately two-thirds of the
cumulative growth in average national
wages since 1984. The monthly
compensation base for months in
calendar year 2009 shall be equal to the
greater of (a) $600 or (b) $600 [1 +
{(A¥37,800)÷56,700}], where A equals
the amount of the applicable base with
respect to tier 1 taxes for 2009 under
section 3231(e)(2) of the Internal
Revenue Code of 1986. Section 1(i)
further provides that if the amount so
determined is not a multiple of $5, it
shall be rounded to the nearest multiple
of $5.
The calendar year 2009 tier 1 tax base
is $106,800. Subtracting $37,800 from
$106,800 produces $69,000. Dividing
$69,000 by $56,700 yields a ratio of
1.21693122. Adding one gives
2.21693122. Multiplying $600 by the
amount 2.21693122 produces the
amount of $1,330.16, which must then
be rounded to $1,330. Accordingly, the
monthly compensation base is
determined to be $1,330 for months in
calendar year 2009.
Amounts Related to Changes in
Monthly Compensation Base
For years after 1988, sections 1(k), 3,
4(a–2)(i)(A) and 2(c) of the Act contain
formulas for determining amounts
related to the monthly compensation
base.
Under section 1(k), remuneration
earned from employment covered under
the Act cannot be considered subsidiary
remuneration if the employee’s base
year compensation is less than 2.5 times
the monthly compensation base for
months in such base year. Under section
3, an employee shall be a ‘‘qualified
employee’’ if his/her base year
compensation is not less than 2.5 times
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the monthly compensation base for
months in such base year. Under section
4(a–2)(i)(A), an employee who leaves
work voluntarily without good cause is
disqualified from receiving
unemployment benefits until he has
been paid compensation of not less than
2.5 times the monthly compensation
base for months in the calendar year in
which the disqualification ends.
Multiplying 2.5 by the calendar year
2009 monthly compensation base of
$1,330 produces $3,325. Accordingly,
the amount determined under sections
1(k), 3 and 4(a–2)(i)(A) is $3,325 for
calendar year 2009.
Under section 2(c), the maximum
amount of normal benefits paid for days
of unemployment within a benefit year
and the maximum amount of normal
benefits paid for days of sickness within
a benefit year shall not exceed an
employee’s compensation in the base
year. In determining an employee’s base
year compensation, any money
remuneration in a month not in excess
of an amount that bears the same ratio
to $775 as the monthly compensation
base for that year bears to $600 shall be
taken into account.
The calendar year 2009 monthly
compensation base is $1,330. The ratio
of $1,330 to $600 is 2.21666667.
Multiplying 2.21666667 by $775
produces $1,718. Accordingly, the
amount determined under section 2(c) is
$1,718 for months in calendar year
2009.
Maximum Daily Benefit Rate
Section 2(a)(3) contains a formula for
determining the maximum daily benefit
rate for registration periods beginning
after June 30, 1989, and after each June
30 thereafter. Legislation enacted on
October 9, 1996, revised the formula for
indexing maximum daily benefit rates.
Under the prescribed formula, the
maximum daily benefit rate increases by
approximately two-thirds of the
cumulative growth in average national
wages since 1984. The maximum daily
benefit rate for registration periods
beginning after June 30, 2009, shall be
equal to 5 percent of the monthly
compensation base for the base year
immediately preceding the beginning of
the benefit year. Section 2(a)(3) further
provides that if the amount so computed
is not a multiple of $1, it shall be
rounded down to the nearest multiple of
$1.
The calendar year 2008 monthly
compensation base is $1,280.
Multiplying $1,280 by 0.05 yields
$64.00, an even multiple of $1.
Accordingly, the maximum daily benefit
rate for days of unemployment and days
of sickness beginning in registration
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66079
periods after June 30, 2009, is
determined to be $64.
Dated: October 31, 2008.
By Authority of the Board.
Beatrice Ezerski,
Secretary to the Board.
[FR Doc. E8–26474 Filed 11–5–08; 8:45 am]
BILLING CODE 7905–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. IC–28481]
Notice of Applications for
Deregistration Under Section 8(f) of the
Investment Company Act of 1940
October 31, 2008.
The following is a notice of
applications for deregistration under
section 8(f) of the Investment Company
Act of 1940 for the month of October,
2008. A copy of each application may be
obtained for a fee at the Commission’s
Public Reference Room, 100 F Street,
NE., Washington, DC 20549–1520 (tel.
202–551–5850). An order granting each
application will be issued unless the
SEC orders a hearing. Interested persons
may request a hearing on any
application by writing to the SEC’s
Secretary at the address below and
serving the relevant applicant with a
copy of the request, personally or by
mail. Hearing requests should be
received by the SEC by 5:30 p.m. on
November 20, 2008, and should be
accompanied by proof of service on the
applicant, in the form of an affidavit or,
for lawyers, a certificate of service.
Hearing requests should state the nature
of the writer’s interest, the reason for the
request, and the issues contested.
Persons who wish to be notified of a
hearing may request notification by
writing to the Secretary, U.S. Securities
and Exchange Commission, 100 F
Street, NE., Washington, DC 20549–
1090.
FOR FURTHER INFORMATION CONTACT:
Diane L. Titus at (202) 551–6810, SEC,
Division of Investment Management,
Office of Investment Company
Regulation, 100 F Street, NE.,
Washington, DC 20549–4041.
Eaton Vance Municipal Bond Fund L.P.
[File No. 811–2778]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On December 31,
1997, applicant transferred its assets to
Eaton Vance Municipal Bond Fund, a
series of Eaton Vance Mutual Funds
Trust, based on net asset value.
Expenses of $15,000 incurred in
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connection with the reorganization were
paid by applicant.
Filing Dates: The application was
filed on August 11, 2008, and amended
on September 29, 2008.
Applicant’s Address: The Eaton
Vance Building, 255 State St., Boston,
MA 02109.
Scudder Global RREEF Real Estate
Fund, Inc. [File No. 811–21550]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. Applicant has
never made a public offering of its
securities and does not propose to make
a public offering or engage in business
of any kind.
Filing Dates: The application was
filed on August 4, 2008, and amended
on October 14, 2008.
Applicant’s Address: 280 Park Ave.,
New York, NY 10017.
Delaware Investments Minnesota
Municipal Income Fund, Inc. [File No.
811–6568]
Delaware Investments Minnesota
Municipal Income Fund III, Inc. [File
No. 811–7938]
Summary: Each applicant, a closedend investment company, seeks an
order declaring that it has ceased to be
an investment company. On February
24, 2006, each applicant transferred its
assets to Delaware Investments
Minnesota Municipal Income Fund II,
Inc., based on net asset value. Total
expenses of approximately $396,650
incurred in connection with the
reorganizations were paid by the
applicants, the acquiring fund and
Delaware Management Company,
investment adviser to the applicants.
Filing Dates: The applications were
filed on August 13, 2008, and amended
on October 20, 2008.
Applicants’ Address: 2005 Market St.,
Philadelphia, PA 19103.
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Phoenix Multi-Series Trust [File No.
811–6566]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company.
On December 22, 2005, applicant
liquidated one series. On June 27, 2007,
applicant’s two remaining series
transferred their assets to corresponding
series of Phoenix Opportunities Trust,
based on net asset value. Expenses of
approximately $152,211 incurred in
connection with the reorganization were
paid by the acquiring fund.
Filing Date: The application was filed
on September 26, 2008.
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Applicant’s Address: 56 Prospect St.,
PO Box 150480, Hartford, CT 06115–
0480.
Phoenix PHOLIOs [File No. 811–7643]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On December 22
and 27, 2006, applicant liquidated three
series. On September 24, 2007,
applicant’s four remaining series
transferred their assets to corresponding
series of Phoenix Opportunities Trust,
based on net asset value. Expenses of
approximately $62,358 incurred in
connection with the reorganization were
paid by the surviving series.
Filing Date: The application was filed
on September 26, 2008.
Applicant’s Address: 56 Prospect St.,
PO Box 150480, Hartford, CT 06115–
0480.
Phoenix CA Tax-Exempt Bond Fund
[File No. 811–3714]
Phoenix Portfolios [File No. 811–8631]
Summary: Each applicant seeks an
order declaring that it has ceased to be
an investment company. On June 27,
2007, each applicant transferred its
assets to a corresponding series of
Phoenix Opportunities Trust, based on
net asset value. Expenses of
approximately $9,263 and $10,023,
respectively, incurred in connection
with the reorganizations were paid by
the acquiring fund.
Filing Date: The applications were
filed on September 26, 2008.
Applicants’ Address: 56 Prospect St.,
PO Box 150480, Hartford, CT 06115–
0480.
Legg Mason Partners Massachusetts
Municipals Fund [File No. 811–4994]
Legg Mason Partners Oregon
Municipals Fund [File No. 811–7149]
Summary: Each applicant seeks an
order declaring that it has ceased to be
an investment company. On April 16,
2007, each applicant transferred its
assets to a corresponding series of Legg
Mason Partners Income Trust, based on
net asset value. Expenses of
approximately $8,190 and $6,526,
respectively, incurred in connection
with the reorganizations were paid by
applicants and Legg Mason, Inc., parent
company of applicants’ investment
adviser.
Filing Date: The applications were
filed on September 26, 2008.
Applicants’ Address: 55 Water St.,
New York, NY 10041.
Legg Mason Partners Investors Value
Fund, Inc. [File No. 811–805]
Legg Mason Partners Equity Fund, Inc.
[File No. 811–2733]
Legg Mason Partners Fundamental
Value Fund, Inc. [File No. 811–3158]
Legg Mason Partners Equity Funds [File
No. 811–4551]
Summary: Each applicant seeks an
order declaring that it has ceased to be
an investment company. On April 16,
2007, each applicant transferred its
assets to a corresponding series of Legg
Mason Partners Equity Trust, based on
net asset value. Expenses of
approximately $223,156, $235,396 and
$2,749,910, respectively, incurred in
connection with the reorganizations
were paid by applicants and Legg
Mason, Inc., the parent company of
applicants’ investment adviser.
Filing Date: The applications were
filed on September 17, 2008.
Applicants’ Address: 55 Water St.,
New York, NY 10041.
Legg Mason Partners Sector Series, Inc.
[File No. 811–4757]
Legg Mason Partners Investment Series
[File No. 811–5018]
Summary: Each applicant seeks an
order declaring that it has ceased to be
an investment company. On April 16,
2007, each applicant transferred its
assets to corresponding series of Legg
Mason Partners Equity Trust, based on
net asset value. Expenses of
approximately $197,148 and $47,850,
respectively, incurred in connection
with the reorganizations were paid by
applicants and Legg Mason, Inc., the
parent company of applicants’
investment adviser.
Filing Date: The applications were
filed on September 26, 2008.
Applicants’ Address: 55 Water St.,
New York, NY 10041.
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On April 16,
2007, applicant transferred its assets to
corresponding series of Legg Mason
Partners Equity Trust, Legg Mason
Partners Variable Equity Trust and Legg
Mason Partners Variable Income Trust,
based on net asset value. Expenses of
approximately $2,003,049 incurred in
connection with the reorganization were
paid by applicant and Legg Mason, Inc.,
the parent company of applicant’s
investment adviser.
Filing Date: The application was filed
on September 26, 2008.
Applicant’s Address: 55 Water St.,
New York, NY 10041.
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Legg Mason Partners Series Funds, Inc.
[File No. 811–6087]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On April 16,
2007, applicant transferred its assets to
corresponding series of Legg Mason
Partners Equity Trust and Legg Mason
Partners Income Trust, based on net
asset value. Expenses of approximately
$453,367 incurred in connection with
the reorganization were paid by
applicant and Legg Mason, Inc., the
parent company of applicant’s
investment adviser.
Filing Date: The application was filed
on September 26, 2008.
Applicant’s Address: 55 Water St.,
New York, NY 10041.
Legg Mason Partners Municipal Funds
[File No. 811–4395]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On April 16,
2007, applicant transferred its assets to
corresponding series of Legg Mason
Partners Income Trust and Legg Mason
Partners Money Market Trust, based on
net asset value. Expenses of
approximately $599,641 incurred in
connection with the reorganization were
paid by applicant and Legg Mason, Inc.,
the parent company of applicant’s
investment adviser.
Filing Date: The application was filed
on September 26, 2008.
Applicant’s Address: 55 Water St.,
New York, NY 10041.
Legg Mason Partners Funds, Inc. [File
No. 811–1464]
Legg Mason Partners Managed
Municipals Fund, Inc. [File No. 811–
3097]
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Legg Mason Partners Core Plus Bond
Fund, Inc. [File No. 811–4061]
Legg Mason Partners New Jersey
Municipals Fund, Inc. [File No. 811–
5406]
Summary: Each applicant seeks an
order declaring that it has ceased to be
an investment company. On April 16,
2007, each applicant transferred its
assets to a corresponding series of Legg
Mason Partners Income Trust, based on
net asset value. Expenses of
approximately $31,993, $360,606,
$87,298 and $25,533, respectively,
incurred in connection with the
reorganizations were paid by applicants
and Legg Mason, Inc., the parent
company of applicants’ investment
adviser.
Filing Date: The applications were
filed on September 17, 2008.
Applicants’ Address: 55 Water St.,
New York, NY 10041.
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The Blue Fund Group [File No. 811–
21908]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On June 24, 2008,
applicant made a final liquidating
distribution to its shareholders, based
on net asset value. Expenses of $29,567
incurred in connection with the
liquidation were paid by Blue
Investment Management, LLC,
applicant’s investment adviser.
Filing Date: The application was filed
on September 23, 2008.
Applicant’s Address: 888 16th St.,
NW., Suite 800, Washington, DC 20006.
Cash Equivalent Fund [File No. 811–
2899]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On July 8, 2005,
applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of $72,039
incurred in connection with the
liquidation were paid by Deutsche
Investment Management Americas Inc.,
applicant’s investment adviser.
Filing Date: The application was filed
on September 30, 2008.
Applicant’s Address: 345 Park Ave.,
New York, NY 10154.
AIM Summit Investors Plans I [File No.
811–3444]
AIM Summit Investors Plans II [File
No. 811–9311]
Summary: Each applicant, a unit
investment trust, seeks an order
declaring that it has ceased to be an
investment company. On December 8,
2006, each applicant made a liquidating
distribution to its unitholders, based on
net asset value. Expenses of $251,861
and $76,978, respectively, incurred in
connection with the liquidations were
paid by Invesco Aim Distributors, Inc.,
applicants’ distributor.
Filing Date: The applications were
filed on September 26, 2008.
Applicants’ Address: 11 Greenway
Plaza, Suite 100, Houston, TX 77046–
1173.
Oppenheimer Tremont Opportunity
Fund, LLC [File No. 811–10541]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On March 31,
2008, June 30, 2008, and August 31,
2008, applicant made liquidating
distributions to its shareholders, based
on net asset value. Applicant incurred
no expenses in connection with the
liquidation.
Filing Date: The application was filed
on October 3, 2008.
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66081
Applicant’s Address: 6803 S. Tucson
Way, Centennial, CO 80112.
Evergreen Latin America Fund [File No.
811–7914]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On or about
February 27, 1998, applicant transferred
its assets to a corresponding series of
Evergreen International Trust, based on
net asset value. Applicant paid the
expenses incurred in connection with
the reorganization.
Filing Date: The application was filed
on October 6, 2008.
Applicant’s Address: 200 Berkeley St.,
Boston, MA 02116.
Evergreen Limited Market Fund Inc.
[File No. 811–3653]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On or about
December 22, 1997, applicant
transferred its assets to a corresponding
series of Evergreen Equity Trust, based
on net asset value. Applicant paid the
expenses incurred in connection with
the reorganization.
Filing Date: The application was filed
on October 7, 2008.
Applicant’s Address: 200 Berkeley St.,
Boston, MA 02116.
Evergreen Lexicon Trust [File No. 811–
6368]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On or about
December 22, 1997, applicant
transferred its assets to a corresponding
series of Evergreen Fixed Income Trust,
based on net asset value. Applicant paid
the expenses incurred in connection
with the reorganization.
Filing Date: The application was filed
on October 6, 2008.
Applicant’s Address: 200 Berkeley St.,
Boston, MA 02116.
XTF Advisors Trust [File No. 811–
21971]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On June 20, 2008,
applicant made a liquidating
distribution to its shareholders, on the
basis of net assets. Expenses of $7,916
incurred in connection with the
liquidation were paid by the applicant
and CLS Investment Firm, LLC,
applicant’s investment adviser.
Filing Dates: The application was
filed on August 29, 2008, and amended
on September 30, 2008.
Applicant’s Address: c/o Gemini
Fund Services, LLC, 450 Wireless
Boulevard, Hauppauge, NY 11788.
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sroberts on PROD1PC70 with NOTICES
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–26441 Filed 11–5–08; 8:45 am]
Office of Investment Company
Regulation).
The
following is a summary of the
application. The complete application
may be obtained for a fee at the
BILLING CODE 8011–01–P
Commission’s Public Reference Room,
100 F Street, NE., Washington, DC
20549–1520 (telephone (202) 551–5850).
SECURITIES AND EXCHANGE
Applicants’ Representations:
COMMISSION
1. The Trust is organized as a
Delaware statutory trust and is
[Investment Company Act Release No.
registered under the Act as an open-end
28482; 812–13548]
series management investment
Wells Fargo Funds Trust, et al.; Notice company. The Advisor is registered as
of Application
an investment adviser under the
Investment Advisers Act of 1940, as
October 31, 2008.
amended, and provides investment
AGENCY: Securities and Exchange
management advice and manages the
Commission (‘‘Commission’’).
business affairs of each Applicant Fund
ACTION: Notice of an application under
(as defined below). Applicants request
section 6(c) of the Investment Company an exemption from rule 12d1–2(a) under
Act of 1940 (‘‘Act’’) for an exemption
the Act to the extent necessary to permit
from rule 12d1–2(a) under the Act.
any existing or future series of the Trust
and any other registered open-end
Summary of Application: Applicants
investment company advised by the
request an order to permit funds of
Advisor or any person controlling,
funds relying on rule 12d1–2 under the
controlled by or under common control
Act to invest in certain financial
with the Advisor that operates as a
instruments.
‘‘fund of funds’’ (the ‘‘Applicant
Applicants: Wells Fargo Funds Trust
Funds’’) and invests in other Wells
(‘‘Trust’’) and Wells Fargo Funds
Fargo funds in reliance on section
Management, LLC (‘‘Advisor’’).
12(d)(1)(G) of the Act, and is also
Filing Dates: The application was
eligible to invest in securities (as
filed on July 21, 2008, and amended on
defined in section 2(a)(36) of the Act) in
October 29, 2008.
reliance on rule 12d1–2 under the Act,
Hearing or Notification of Hearing: An
to also invest, to the extent consistent
order granting the application will be
with its investment objective, policies,
issued unless the Commission orders a
strategies and limitations, in financial
hearing. Interested persons may request
instruments that may not be securities
a hearing by writing to the
within the meaning of section 2(a)(36) of
Commission’s Secretary and serving
the Act (‘‘Other Investments’’).1
applicants with a copy of the request,
2. Consistent with its fiduciary
personally or by mail. Hearing requests
obligations under the Act, each
should be received by the Commission
Applicant Fund’s board of trustees or
by 5:30 p.m. on November 25, 2008, and
directors will review the advisory fees
should be accompanied by proof of
charged by the Applicant Fund’s
service on applicants, in the form of an
investment adviser to ensure that they
affidavit or, for lawyers, a certificate of
are based on services provided that are
service. Hearing requests should state
in addition to, rather than duplicative
the nature of the writer’s interest, the
of, services provided pursuant to the
reason for the request, and the issues
advisory agreement of any investment
contested. Persons who wish to be
company in which the Applicant Fund
notified of a hearing may request
may invest.
notification by writing to the
Applicants’ Legal Analysis:
Commission’s Secretary.
1. Section 12(d)(1)(A) of the Act
ADDRESSES: Secretary, Securities and
provides that no registered investment
Exchange Commission, 100 F Street,
company (‘‘acquiring company’’) may
NE., Washington, DC 20549–1090;
acquire securities of another investment
Applicants, c/o Karin L. Brotman, Wells company (‘‘acquired company’’) if such
Fargo Funds Management, LLC, 45
securities represent more than 3% of the
Fremont Street, 26th Floor, San
acquired company’s outstanding voting
Francisco, CA 94105.
1 Every existing entity that currently intends to
FOR FURTHER INFORMATION CONTACT:
rely on the requested order is named as an
Lewis Reich, Senior Counsel, at (202)
applicant. Any existing or future entity that relies
551–6919, or Janet M. Grossnickle,
on the order in the future will do so only in
Assistant Director, at (202) 551–6821
accordance with the terms and condition in the
application.
(Division of Investment Management,
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SUPPLEMENTARY INFORMATION:
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stock or more than 5% of the acquiring
company’s total assets, or if such
securities, together with the securities of
other investment companies, represent
more than 10% of the acquiring
company’s total assets. Section
12(d)(1)(B) of the Act provides that no
registered open-end investment
company may sell its securities to
another investment company if the sale
will cause the acquiring company to
own more than 3% of the acquired
company’s voting stock, or cause more
than 10% of the acquired company’s
voting stock to be owned by investment
companies.
2. Section 12(d)(1)(G) of the Act
provides that section 12(d)(1) will not
apply to securities of an acquired
company purchased by an acquiring
company if: (i) The acquiring company
and acquired company are part of the
same group of investment companies;
(ii) the acquiring company holds only
securities of acquired companies that
are part of the same group of investment
companies, government securities, and
short-term paper; (iii) the aggregate sales
loads and distribution-related fees of the
acquiring company and the acquired
company are not excessive under rules
adopted pursuant to section 22(b) or
section 22(c) of the Act by a securities
association registered under section 15A
of the Exchange Act or by the
Commission; and (iv) the acquired
company has a policy that prohibits it
from acquiring securities of registered
open-end management investment
companies or registered unit investment
trusts in reliance on section 12(d)(1)(F)
or (G) of the Act.
3. Rule 12d1–2 under the Act permits
a registered open-end investment
company or a registered unit investment
trust that relies on section 12(d)(1)(G) of
the Act to acquire, in addition to
securities issued by another registered
investment company in the same group
of investment companies, government
securities, and short-term paper: (1)
Securities issued by an investment
company that is not in the same group
of investment companies, when the
acquisition is in reliance on section
12(d)(1)(A) or 12(d)(1)(F) of the Act; (2)
securities (other than securities issued
by an investment company); and (3)
securities issued by a money market
fund, when the investment is in reliance
on rule 12d1–1 under the Act. For the
purposes of rule 12d1–2, ‘‘securities’’
means any security as defined in section
2(a)(36) of the Act.
4. Section 6(c) of the Act provides that
the Commission may exempt any
person, security, or transaction from any
provision of the Act, or from any rule
under the Act, if such exemption is
E:\FR\FM\06NON1.SGM
06NON1
]]>Agencies
[Federal Register Volume 73, Number 216 (Thursday, November 6, 2008)]
[Notices]
[Pages 66079-66082]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-26441]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. IC-28481]
Notice of Applications for Deregistration Under Section 8(f) of
the Investment Company Act of 1940
October 31, 2008.
The following is a notice of applications for deregistration under
section 8(f) of the Investment Company Act of 1940 for the month of
October, 2008. A copy of each application may be obtained for a fee at
the Commission's Public Reference Room, 100 F Street, NE., Washington,
DC 20549-1520 (tel. 202-551-5850). An order granting each application
will be issued unless the SEC orders a hearing. Interested persons may
request a hearing on any application by writing to the SEC's Secretary
at the address below and serving the relevant applicant with a copy of
the request, personally or by mail. Hearing requests should be received
by the SEC by 5:30 p.m. on November 20, 2008, and should be accompanied
by proof of service on the applicant, in the form of an affidavit or,
for lawyers, a certificate of service. Hearing requests should state
the nature of the writer's interest, the reason for the request, and
the issues contested. Persons who wish to be notified of a hearing may
request notification by writing to the Secretary, U.S. Securities and
Exchange Commission, 100 F Street, NE., Washington, DC 20549-1090.
FOR FURTHER INFORMATION CONTACT: Diane L. Titus at (202) 551-6810, SEC,
Division of Investment Management, Office of Investment Company
Regulation, 100 F Street, NE., Washington, DC 20549-4041.
Eaton Vance Municipal Bond Fund L.P. [File No. 811-2778]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On December 31, 1997, applicant transferred
its assets to Eaton Vance Municipal Bond Fund, a series of Eaton Vance
Mutual Funds Trust, based on net asset value. Expenses of $15,000
incurred in
[[Page 66080]]
connection with the reorganization were paid by applicant.
Filing Dates: The application was filed on August 11, 2008, and
amended on September 29, 2008.
Applicant's Address: The Eaton Vance Building, 255 State St.,
Boston, MA 02109.
Scudder Global RREEF Real Estate Fund, Inc. [File No. 811-21550]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. Applicant has
never made a public offering of its securities and does not propose to
make a public offering or engage in business of any kind.
Filing Dates: The application was filed on August 4, 2008, and
amended on October 14, 2008.
Applicant's Address: 280 Park Ave., New York, NY 10017.
Delaware Investments Minnesota Municipal Income Fund, Inc. [File No.
811-6568]
Delaware Investments Minnesota Municipal Income Fund III, Inc. [File
No. 811-7938]
Summary: Each applicant, a closed-end investment company, seeks an
order declaring that it has ceased to be an investment company. On
February 24, 2006, each applicant transferred its assets to Delaware
Investments Minnesota Municipal Income Fund II, Inc., based on net
asset value. Total expenses of approximately $396,650 incurred in
connection with the reorganizations were paid by the applicants, the
acquiring fund and Delaware Management Company, investment adviser to
the applicants.
Filing Dates: The applications were filed on August 13, 2008, and
amended on October 20, 2008.
Applicants' Address: 2005 Market St., Philadelphia, PA 19103.
Phoenix Multi-Series Trust [File No. 811-6566]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company.
On December 22, 2005, applicant liquidated one series. On June 27,
2007, applicant's two remaining series transferred their assets to
corresponding series of Phoenix Opportunities Trust, based on net asset
value. Expenses of approximately $152,211 incurred in connection with
the reorganization were paid by the acquiring fund.
Filing Date: The application was filed on September 26, 2008.
Applicant's Address: 56 Prospect St., PO Box 150480, Hartford, CT
06115-0480.
Phoenix PHOLIOs [File No. 811-7643]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On December 22 and 27, 2006, applicant
liquidated three series. On September 24, 2007, applicant's four
remaining series transferred their assets to corresponding series of
Phoenix Opportunities Trust, based on net asset value. Expenses of
approximately $62,358 incurred in connection with the reorganization
were paid by the surviving series.
Filing Date: The application was filed on September 26, 2008.
Applicant's Address: 56 Prospect St., PO Box 150480, Hartford, CT
06115-0480.
Phoenix CA Tax-Exempt Bond Fund [File No. 811-3714]
Phoenix Portfolios [File No. 811-8631]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On June 27, 2007, each applicant
transferred its assets to a corresponding series of Phoenix
Opportunities Trust, based on net asset value. Expenses of
approximately $9,263 and $10,023, respectively, incurred in connection
with the reorganizations were paid by the acquiring fund.
Filing Date: The applications were filed on September 26, 2008.
Applicants' Address: 56 Prospect St., PO Box 150480, Hartford, CT
06115-0480.
Legg Mason Partners Equity Funds [File No. 811-4551]
Legg Mason Partners Sector Series, Inc. [File No. 811-4757]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On April 16, 2007, each applicant
transferred its assets to corresponding series of Legg Mason Partners
Equity Trust, based on net asset value. Expenses of approximately
$197,148 and $47,850, respectively, incurred in connection with the
reorganizations were paid by applicants and Legg Mason, Inc., the
parent company of applicants' investment adviser.
Filing Date: The applications were filed on September 26, 2008.
Applicants' Address: 55 Water St., New York, NY 10041.
Legg Mason Partners Massachusetts Municipals Fund [File No. 811-4994]
Legg Mason Partners Oregon Municipals Fund [File No. 811-7149]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On April 16, 2007, each applicant
transferred its assets to a corresponding series of Legg Mason Partners
Income Trust, based on net asset value. Expenses of approximately
$8,190 and $6,526, respectively, incurred in connection with the
reorganizations were paid by applicants and Legg Mason, Inc., parent
company of applicants' investment adviser.
Filing Date: The applications were filed on September 26, 2008.
Applicants' Address: 55 Water St., New York, NY 10041.
Legg Mason Partners Investors Value Fund, Inc. [File No. 811-805]
Legg Mason Partners Equity Fund, Inc. [File No. 811-2733]
Legg Mason Partners Fundamental Value Fund, Inc. [File No. 811-3158]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On April 16, 2007, each applicant
transferred its assets to a corresponding series of Legg Mason Partners
Equity Trust, based on net asset value. Expenses of approximately
$223,156, $235,396 and $2,749,910, respectively, incurred in connection
with the reorganizations were paid by applicants and Legg Mason, Inc.,
the parent company of applicants' investment adviser.
Filing Date: The applications were filed on September 17, 2008.
Applicants' Address: 55 Water St., New York, NY 10041.
Legg Mason Partners Investment Series [File No. 811-5018]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On April 16, 2007, applicant transferred its
assets to corresponding series of Legg Mason Partners Equity Trust,
Legg Mason Partners Variable Equity Trust and Legg Mason Partners
Variable Income Trust, based on net asset value. Expenses of
approximately $2,003,049 incurred in connection with the reorganization
were paid by applicant and Legg Mason, Inc., the parent company of
applicant's investment adviser.
Filing Date: The application was filed on September 26, 2008.
Applicant's Address: 55 Water St., New York, NY 10041.
[[Page 66081]]
Legg Mason Partners Series Funds, Inc. [File No. 811-6087]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On April 16, 2007, applicant transferred its
assets to corresponding series of Legg Mason Partners Equity Trust and
Legg Mason Partners Income Trust, based on net asset value. Expenses of
approximately $453,367 incurred in connection with the reorganization
were paid by applicant and Legg Mason, Inc., the parent company of
applicant's investment adviser.
Filing Date: The application was filed on September 26, 2008.
Applicant's Address: 55 Water St., New York, NY 10041.
Legg Mason Partners Municipal Funds [File No. 811-4395]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On April 16, 2007, applicant transferred its
assets to corresponding series of Legg Mason Partners Income Trust and
Legg Mason Partners Money Market Trust, based on net asset value.
Expenses of approximately $599,641 incurred in connection with the
reorganization were paid by applicant and Legg Mason, Inc., the parent
company of applicant's investment adviser.
Filing Date: The application was filed on September 26, 2008.
Applicant's Address: 55 Water St., New York, NY 10041.
Legg Mason Partners Funds, Inc. [File No. 811-1464]
Legg Mason Partners Managed Municipals Fund, Inc. [File No. 811-3097]
Legg Mason Partners Core Plus Bond Fund, Inc. [File No. 811-4061]
Legg Mason Partners New Jersey Municipals Fund, Inc. [File No. 811-
5406]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On April 16, 2007, each applicant
transferred its assets to a corresponding series of Legg Mason Partners
Income Trust, based on net asset value. Expenses of approximately
$31,993, $360,606, $87,298 and $25,533, respectively, incurred in
connection with the reorganizations were paid by applicants and Legg
Mason, Inc., the parent company of applicants' investment adviser.
Filing Date: The applications were filed on September 17, 2008.
Applicants' Address: 55 Water St., New York, NY 10041.
The Blue Fund Group [File No. 811-21908]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On June 24, 2008, applicant made a final
liquidating distribution to its shareholders, based on net asset value.
Expenses of $29,567 incurred in connection with the liquidation were
paid by Blue Investment Management, LLC, applicant's investment
adviser.
Filing Date: The application was filed on September 23, 2008.
Applicant's Address: 888 16th St., NW., Suite 800, Washington, DC
20006.
Cash Equivalent Fund [File No. 811-2899]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On July 8, 2005, applicant made a liquidating
distribution to its shareholders, based on net asset value. Expenses of
$72,039 incurred in connection with the liquidation were paid by
Deutsche Investment Management Americas Inc., applicant's investment
adviser.
Filing Date: The application was filed on September 30, 2008.
Applicant's Address: 345 Park Ave., New York, NY 10154.
AIM Summit Investors Plans I [File No. 811-3444]
AIM Summit Investors Plans II [File No. 811-9311]
Summary: Each applicant, a unit investment trust, seeks an order
declaring that it has ceased to be an investment company. On December
8, 2006, each applicant made a liquidating distribution to its
unitholders, based on net asset value. Expenses of $251,861 and
$76,978, respectively, incurred in connection with the liquidations
were paid by Invesco Aim Distributors, Inc., applicants' distributor.
Filing Date: The applications were filed on September 26, 2008.
Applicants' Address: 11 Greenway Plaza, Suite 100, Houston, TX
77046-1173.
Oppenheimer Tremont Opportunity Fund, LLC [File No. 811-10541]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. On March 31,
2008, June 30, 2008, and August 31, 2008, applicant made liquidating
distributions to its shareholders, based on net asset value. Applicant
incurred no expenses in connection with the liquidation.
Filing Date: The application was filed on October 3, 2008.
Applicant's Address: 6803 S. Tucson Way, Centennial, CO 80112.
Evergreen Latin America Fund [File No. 811-7914]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On or about February 27, 1998, applicant
transferred its assets to a corresponding series of Evergreen
International Trust, based on net asset value. Applicant paid the
expenses incurred in connection with the reorganization.
Filing Date: The application was filed on October 6, 2008.
Applicant's Address: 200 Berkeley St., Boston, MA 02116.
Evergreen Limited Market Fund Inc. [File No. 811-3653]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On or about December 22, 1997, applicant
transferred its assets to a corresponding series of Evergreen Equity
Trust, based on net asset value. Applicant paid the expenses incurred
in connection with the reorganization.
Filing Date: The application was filed on October 7, 2008.
Applicant's Address: 200 Berkeley St., Boston, MA 02116.
Evergreen Lexicon Trust [File No. 811-6368]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On or about December 22, 1997, applicant
transferred its assets to a corresponding series of Evergreen Fixed
Income Trust, based on net asset value. Applicant paid the expenses
incurred in connection with the reorganization.
Filing Date: The application was filed on October 6, 2008.
Applicant's Address: 200 Berkeley St., Boston, MA 02116.
XTF Advisors Trust [File No. 811-21971]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On June 20, 2008, applicant made a
liquidating distribution to its shareholders, on the basis of net
assets. Expenses of $7,916 incurred in connection with the liquidation
were paid by the applicant and CLS Investment Firm, LLC, applicant's
investment adviser.
Filing Dates: The application was filed on August 29, 2008, and
amended on September 30, 2008.
Applicant's Address: c/o Gemini Fund Services, LLC, 450 Wireless
Boulevard, Hauppauge, NY 11788.
[[Page 66082]]
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8-26441 Filed 11-5-08; 8:45 am]
BILLING CODE 8011-01-P
