Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940, 72531-72533 [E8-28274]
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Federal Register / Vol. 73, No. 230 / Friday, November 28, 2008 / Notices
42′ and three of which will be located
at approximately 47′, each measuring
less than 56″ x 14″ x 4″, (b) radio
equipment, and (c) all other equipment
necessary to operate the Project,
including an equipment cabinet
measuring approximately 5.5′ high x 4′
x 3′.
Comments: Comments on the
proposed project must be sent to Steve
Carp, Presidio Trust, 34 Graham Street,
P.O. Box 29052, San Francisco, CA
94129–0052, and be received by
December 31, 2008. A copy of TMobile’s application is available upon
request to the Presidio Trust.
FOR FURTHER INFORMATION CONTACT:
Steve Carp, Presidio Trust, 34 Graham
Street, P.O. Box 29052, San Francisco,
CA 94129–0052. E-mail:
scarp@presidiotrust.gov. Telephone:
415.561.5300.
Dated: November 21, 2008.
Karen A. Cook,
General Counsel.
[FR Doc. E8–28260 Filed 11–26–08; 8:45 am]
S
BILLING CODE 4310–4R–P
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.
Smith Barney Money Funds, Inc. [File
No. 811–2490]; Smith Barney Municipal
Money Market Fund, Inc. [File No. 811–
3112]
Summary: Each applicant seeks an
order declaring that it has ceased to be
an investment company. On April 16,
2007, applicants transferred their assets
to corresponding series of Legg Mason
Partners Money Market Trust, based on
net asset value. Expenses of $5,595,239
and $774,031, 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 October 30, 2008.
Applicants’ Address: 55 Water St.,
New York, NY 10041.
SECURITIES AND EXCHANGE
COMMISSION
Legg Mason Partners Small Cap Core
Fund, Inc. [File No. 811–5928]
[Release No. IC–28520]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On April 16,
2007, applicant transferred its assets to
a corresponding series of Legg Mason
Partners Equity Trust, based on net asset
value. Expenses of $50,060 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 October 30, 2008.
Applicant’s Address: 55 Water St.,
New York, NY 10041.
Notice of Applications for
Deregistration Under Section 8(f) of the
Investment Company Act of 1940
mstockstill on PROD1PC66 with NOTICES
November 21, 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 November
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
December 17, 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
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17:16 Nov 26, 2008
Jkt 217001
Highland Capital Multi-Strategy Fund
[File No. 811–22073]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On October 30,
2008, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of $2,500
incurred in connection with the
liquidation were paid by Highland
Capital Management, L.P., applicant’s
investment adviser.
Filing Date: The application was filed
on October 31, 2008.
Applicant’s Address: NexBank Tower,
13455 Noel Rd., Suite 800, Dallas, TX
75240.
PO 00000
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Fmt 4703
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72531
Legg Mason Partners Variable
Portfolios V [File No. 811–7893]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On April 27,
2007, applicant transferred its assets to
a corresponding series of Legg Mason
Partners Variable Portfolios I, Inc., based
on net asset value. Expenses of $51,786
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 October 30, 2008.
Applicant’s Address: 125 Broad St.,
New York, NY 10004.
Legg Mason Partners Variable
Portfolios I, Inc. [File No. 811–8443];
Legg Mason Partners Variable
Portfolios III, Inc. [File No. 811–8372]
Summary: Each applicant seeks an
order declaring that it has ceased to be
an investment company. On April 16,
2007, applicants transferred their assets
to corresponding series of Legg Mason
Partners Variable Equity Trust and Legg
Mason Partners Variable Income Trust,
based on net asset value. Expenses of
$193,404 and $963,711, 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 October 30, 2008.
Applicants’ Address: 55 Water St.,
New York, NY 10041.
Everest Funds [File No. 811–10057]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On July 9, 2008,
applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of $12,094
incurred in connection with the
liquidation were paid by applicant.
Filing Date: The application was filed
on October 29, 2008.
Applicant’s Address: 5805 S 86th
Circle, Omaha, NE 68127.
Excelsior Funds, Inc. [File No. 811–
4088]; Excelsior Tax-Exempt Funds,
Inc. [File No. 811–4101]
Summary: Each applicant seeks an
order declaring that it has ceased to be
an investment company. Between
March 24, 2008 and May 5, 2008, each
applicant’s series transferred their assets
to corresponding series of Columbia
Funds Series Trust and Columbia Funds
Series Trust I, based on net asset value.
Expenses of $3,731,778 and $829,865,
respectively, incurred in connection
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Federal Register / Vol. 73, No. 230 / Friday, November 28, 2008 / Notices
with the reorganizations were paid by
applicants, the acquiring funds, and
Columbia Management Advisors, LLC.
Filing Date: The applications were
filed on October 3, 2008.
Applicants’ Address: One Financial
Center, Boston, MA 02111.
Excelsior Funds Trust [File No. 811–
8490]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On March 24,
2008, and March 31, 2008, applicant’s
five series transferred their assets to
corresponding series of Columbia Funds
Series Trust I, based on net asset value.
Expenses of $210,965 incurred in
connection with the reorganization were
paid by applicant, the acquiring fund,
and Columbia Management Advisors,
LLC.
Filing Date: The application was filed
on October 3, 2008.
Applicant’s Address: One Financial
Center, Boston, MA 02111.
Legg Mason Partners Funds Trust [File
No. 811–5034]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On March 2, 2007,
applicant transferred its assets to
corresponding series of Legg Mason
Partners Managed Municipals Fund,
Inc., Legg Mason Partners California
Municipals Fund, Inc. and Legg Mason
Partners Municipal Funds, based on net
asset value. Expenses of $138,448
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 October 30, 2008.
Applicant’s Address: 125 Broad St.,
New York, NY 10004.
mstockstill on PROD1PC66 with NOTICES
Legg Mason Partners Lifestyle Series,
Inc. [File No. 811–7435]
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 Variable Equity Trust, based on
net asset value. Expenses of $1,411,223
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 October 30, 2008.
Applicant’s Address: 55 Water St.,
New York, NY 10041.
VerDate Aug<31>2005
17:16 Nov 26, 2008
Jkt 217001
Legg Mason Partners Arizona
Municipals Fund, Inc. [File No. 811–
5066]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On February 2,
2007, applicant transferred its assets to
Legg Mason Partners Managed
Municipals Fund, Inc., based on net
asset value. Expenses of $43,975
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 October 30, 2008.
Applicant’s Address: 125 Broad St.,
New York, NY 10004.
Legg Mason Partners World Funds, Inc.
[File No. 811–6290]
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 $168,703
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 October 30, 2008.
Applicant’s Address: 55 Water St.,
New York, NY 10041.
Smith Barney Institutional Cash
Management Fund, Inc. [File No. 811–
9012]
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 Institutional Trust, based on
net asset value. Expenses of $306,567
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 October 30, 2008.
Applicant’s Address: 55 Water St.,
New York, NY 10041.
Western Asset Zenix Income Fund Inc.
[File No. 811–5484]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On September 23,
2008, applicant transferred its assets to
Western Asset High Income Fund II Inc.,
based on net asset value. Expenses of
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Fmt 4703
Sfmt 4703
$105,000 incurred in connection with
the reorganization were paid by Legg
Mason Partners Fund Advisor, LLC,
applicant’s investment adviser.
Applicant’s transfer agent is holding
shares of the acquiring fund for the
shareholders of applicant who held
shares in certificated form. Once the old
certificates are submitted to the transfer
agent, these shareholders will receive
their shares of the acquiring fund.
Filing Date: The application was filed
on October 10, 2008.
Applicant’s Address: 55 Water St.,
New York, NY 10041.
VLC Trust [File No. 811–4788]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On October 17,
2008, applicant transferred its assets to
Narragansett Insured Tax-Free Income
Fund, based on net asset value.
Expenses of approximately $107,714
incurred in connection with the
reorganization were paid by applicant
and Aquila Investment Management
LLC, the manager of the acquiring fund.
Filing Date: The application was filed
on October 22, 2008.
Applicant’s Address: One Regency
Plaza, Suite One, Providence, RI 02903.
Liquid Reserves Portfolio [File No. 811–
5813]; Tax Free Reserves Portfolio [File
No. 811–6118]; U.S. Treasury Reserves
Portfolio [File No. 811–6277]
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
Master Portfolio Trust, based on net
asset value. Applicants incurred no
expenses in connection with the
reorganizations.
Filing Date: The applications were
filed on October 30, 2008.
Applicants’ Address: 55 Water St.,
New York, NY 10041.
MuniHoldings New York Fund, Inc.
[File No. 811–21628]; Enhanced
Government Fund II, Inc. [File No. 811–
21830]
Summary: Each applicant, a closedend investment company, seeks an
order declaring that it has ceased to be
an investment company. Applicants
have never made a public offering of
their securities and do not propose to
make a public offering or engage in
business of any kind.
Filing Date: The applications were
filed on October 14, 2008.
Applicants’ Address: BlackRock, Inc.,
800 Scudders Mill Rd., Plainsboro, NJ
08536.
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Federal Register / Vol. 73, No. 230 / Friday, November 28, 2008 / Notices
Turnaround Investment Trust [File No.
811–21275]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On February 15,
2008, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of $38,895
incurred in connection with the
liquidation were paid by applicant.
Filing Date: The application was filed
on October 14, 2008.
Applicant’s Address: 975
Willagillespie, Suite 200, Eugene, OR
97401.
Citigroup Alternative Investments Trust
[File No. 811–21854]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On June 6, 2008
and June 24, 2008, applicant made
liquidating distributions to its
shareholders, based on net asset value.
Expenses of approximately $342,703
incurred in connection with the
liquidation were paid by applicant and
Citigroup Alternative Investments LLC,
applicant’s investment adviser.
Applicant has set aside funds in a
liquidating trust account to pay
approximately $20,000 in outstanding
debts and liabilities.
Filing Dates: The application was
filed on August 14, 2008, and amended
on October 24, 2008.
Applicant’s Address: 731 Lexington
Ave., 28th Floor, New York, NY 10022.
mstockstill on PROD1PC66 with NOTICES
Phoenix Multi-Portfolio Fund [File No.
811–5436]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On October 20,
2006, applicant’s Phoenix Tax-Exempt
Bond Fund series transferred its assets
to a corresponding series of Phoenix
Insight Funds Trust, based on net asset
value. On June 27, 2007, applicant’s
Phoenix Emerging Markets Bond Fund
and Phoenix Real Estate Securities Fund
series transferred their assets to
corresponding series of Phoenix
Opportunities Trust, based on net asset
value. On September 24, 2007,
applicant’s Phoenix International
Strategies Fund transferred its assets to
a corresponding series of Phoenix
Opportunities Trust, based on net asset
value. Expenses of $27,152 incurred in
connection with the reorganization of
applicant’s Phoenix Tax-Exempt Bond
Fund series were paid by Phoenix
Investment Counsel Inc., applicant’s
investment adviser. Total expenses of
$160,962 incurred in connection with
the reorganization of applicant’s
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17:16 Nov 26, 2008
Jkt 217001
remaining three series were paid by the
acquiring series of Phoenix
Opportunities Trust.
Filing Date: The application was filed
on September 26, 2008.
Applicant’s Address: 56 Prospect St.,
PO Box 150480, Hartford, CT 06115–
0480.
StateShares, Inc. [File No. 811–22000]
Summary: Applicant 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 Date: The application was filed
on October 14, 2008.
Applicant’s Address: 420 Lexington
Ave., Suite 2550, New York, NY 10170.
Western Asset Funds II, Inc. [File No.
811–6088]
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, based on net
asset value. Expenses of $32,580
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 October 30, 2008.
Applicant’s Address: 55 Water St.,
New York, NY 10041.
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8–28274 Filed 11–26–08; 8:45 am]
BILLING CODE 8011–01–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. 34–58989; File No. SR–BATS–
2008–010]
Self-Regulatory Organizations; BATS
Exchange, Inc.; Notice of Filing and
Immediate Effectiveness of Proposed
Rule Change Relating to Fees of Other
Market Centers Related to Clearly
Erroneous Rulings
November 20, 2008.
Pursuant to section 19(b)(1) of the
Securities Exchange Act of 1934
(‘‘Act’’) 1 and Rule 19b–4 thereunder,2
notice is hereby given that on November
1 15
2 17
PO 00000
U.S.C. 78s(b)(1).
CFR 240.19b–4.
Frm 00092
Fmt 4703
19, 2008, BATS Exchange, Inc. (‘‘BATS’’
or the ‘‘Exchange’’) filed with the
Securities and Exchange Commission
(‘‘Commission’’) the proposed rule
change as described in Items I, II, and
III below, which Items have been
prepared by the Exchange. BATS has
designated the proposed rule change as
one establishing or changing a member
due, fee, or other charge imposed by the
Exchange under section 19(b)(3)(A)(ii)
of the Act 3 and Rule 19b–4(f)(2)
thereunder,4 which renders the
proposed rule change effective upon
filing with the Commission. The
Commission is publishing this notice to
solicit comments on the proposed rule
change from interested persons.
I. Self-Regulatory Organization’s
Statement of the Terms of Substance of
the Proposed Rule Change
The Exchange is proposing to
implement the proposed rule change
immediately. The text of the proposed
rule change is available at the
Exchange’s Web site at https://
www.batstrading.com, at the principal
office of the Exchange, and at the
Commission’s Public Reference Room.
II. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
In its filing with the Commission, the
Exchange included statements
concerning the purpose of and basis for
the proposed rule change and discussed
any comments it received on the
proposed rule change. The text of these
statements may be examined at the
places specified in Item IV below. The
Exchange has prepared summaries, set
forth in sections A, B, and C below, of
the most significant parts of such
statements.
A. Self-Regulatory Organization’s
Statement of the Purpose of, and
Statutory Basis for, the Proposed Rule
Change
1. Purpose
BATS Rule 11.17, which covers the
breaking of trades determined to be
clearly erroneous, includes a provision,
paragraph (c)(2)(E), that assesses a fee of
$500.00 for unsuccessful appeals of
clearly erroneous adjudications by the
Exchange. The Exchange is now adding
a sentence to the rule to provide that in
instances where the Exchange, on behalf
of a Member, requests a determination
by another market center that a
transaction is clearly erroneous, the
Exchange will pass any resulting
3 15
4 17
Sfmt 4703
72533
U.S.C. 78s(b)(3)(A)(ii).
CFR 240.19b–4(f)(2).
E:\FR\FM\28NON1.SGM
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]]>Agencies
[Federal Register Volume 73, Number 230 (Friday, November 28, 2008)]
[Notices]
[Pages 72531-72533]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E8-28274]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. IC-28520]
Notice of Applications for Deregistration Under Section 8(f) of
the Investment Company Act of 1940
November 21, 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
November 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 December 17, 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.
Smith Barney Money Funds, Inc. [File No. 811-2490]; Smith Barney
Municipal Money Market Fund, Inc. [File No. 811-3112]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On April 16, 2007, applicants transferred
their assets to corresponding series of Legg Mason Partners Money
Market Trust, based on net asset value. Expenses of $5,595,239 and
$774,031, 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 October 30, 2008.
Applicants' Address: 55 Water St., New York, NY 10041.
Legg Mason Partners Small Cap Core Fund, Inc. [File No. 811-5928]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On April 16, 2007, applicant transferred its
assets to a corresponding series of Legg Mason Partners Equity Trust,
based on net asset value. Expenses of $50,060 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 October 30, 2008.
Applicant's Address: 55 Water St., New York, NY 10041.
Highland Capital Multi-Strategy Fund [File No. 811-22073]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. On October
30, 2008, applicant made a liquidating distribution to its
shareholders, based on net asset value. Expenses of $2,500 incurred in
connection with the liquidation were paid by Highland Capital
Management, L.P., applicant's investment adviser.
Filing Date: The application was filed on October 31, 2008.
Applicant's Address: NexBank Tower, 13455 Noel Rd., Suite 800,
Dallas, TX 75240.
Legg Mason Partners Variable Portfolios V [File No. 811-7893]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On April 27, 2007, applicant transferred its
assets to a corresponding series of Legg Mason Partners Variable
Portfolios I, Inc., based on net asset value. Expenses of $51,786
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 October 30, 2008.
Applicant's Address: 125 Broad St., New York, NY 10004.
Legg Mason Partners Variable Portfolios I, Inc. [File No. 811-8443];
Legg Mason Partners Variable Portfolios III, Inc. [File No. 811-8372]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On April 16, 2007, applicants transferred
their assets to corresponding series of Legg Mason Partners Variable
Equity Trust and Legg Mason Partners Variable Income Trust, based on
net asset value. Expenses of $193,404 and $963,711, 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 October 30, 2008.
Applicants' Address: 55 Water St., New York, NY 10041.
Everest Funds [File No. 811-10057]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On July 9, 2008, applicant made a liquidating
distribution to its shareholders, based on net asset value. Expenses of
$12,094 incurred in connection with the liquidation were paid by
applicant.
Filing Date: The application was filed on October 29, 2008.
Applicant's Address: 5805 S 86th Circle, Omaha, NE 68127.
Excelsior Funds, Inc. [File No. 811-4088]; Excelsior Tax-Exempt Funds,
Inc. [File No. 811-4101]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. Between March 24, 2008 and May 5, 2008,
each applicant's series transferred their assets to corresponding
series of Columbia Funds Series Trust and Columbia Funds Series Trust
I, based on net asset value. Expenses of $3,731,778 and $829,865,
respectively, incurred in connection
[[Page 72532]]
with the reorganizations were paid by applicants, the acquiring funds,
and Columbia Management Advisors, LLC.
Filing Date: The applications were filed on October 3, 2008.
Applicants' Address: One Financial Center, Boston, MA 02111.
Excelsior Funds Trust [File No. 811-8490]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On March 24, 2008, and March 31, 2008,
applicant's five series transferred their assets to corresponding
series of Columbia Funds Series Trust I, based on net asset value.
Expenses of $210,965 incurred in connection with the reorganization
were paid by applicant, the acquiring fund, and Columbia Management
Advisors, LLC.
Filing Date: The application was filed on October 3, 2008.
Applicant's Address: One Financial Center, Boston, MA 02111.
Legg Mason Partners Funds Trust [File No. 811-5034]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On March 2, 2007, applicant transferred its
assets to corresponding series of Legg Mason Partners Managed
Municipals Fund, Inc., Legg Mason Partners California Municipals Fund,
Inc. and Legg Mason Partners Municipal Funds, based on net asset value.
Expenses of $138,448 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 October 30, 2008.
Applicant's Address: 125 Broad St., New York, NY 10004.
Legg Mason Partners Lifestyle Series, Inc. [File No. 811-7435]
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 Variable Equity Trust, based on net asset value.
Expenses of $1,411,223 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 October 30, 2008.
Applicant's Address: 55 Water St., New York, NY 10041.
Legg Mason Partners Arizona Municipals Fund, Inc. [File No. 811-5066]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On February 2, 2007, applicant transferred
its assets to Legg Mason Partners Managed Municipals Fund, Inc., based
on net asset value. Expenses of $43,975 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 October 30, 2008.
Applicant's Address: 125 Broad St., New York, NY 10004.
Legg Mason Partners World Funds, Inc. [File No. 811-6290]
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
$168,703 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 October 30, 2008.
Applicant's Address: 55 Water St., New York, NY 10041.
Smith Barney Institutional Cash Management Fund, Inc. [File No. 811-
9012]
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 Institutional
Trust, based on net asset value. Expenses of $306,567 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 October 30, 2008.
Applicant's Address: 55 Water St., New York, NY 10041.
Western Asset Zenix Income Fund Inc. [File No. 811-5484]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. On September
23, 2008, applicant transferred its assets to Western Asset High Income
Fund II Inc., based on net asset value. Expenses of $105,000 incurred
in connection with the reorganization were paid by Legg Mason Partners
Fund Advisor, LLC, applicant's investment adviser. Applicant's transfer
agent is holding shares of the acquiring fund for the shareholders of
applicant who held shares in certificated form. Once the old
certificates are submitted to the transfer agent, these shareholders
will receive their shares of the acquiring fund.
Filing Date: The application was filed on October 10, 2008.
Applicant's Address: 55 Water St., New York, NY 10041.
VLC Trust [File No. 811-4788]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On October 17, 2008, applicant transferred
its assets to Narragansett Insured Tax-Free Income Fund, based on net
asset value. Expenses of approximately $107,714 incurred in connection
with the reorganization were paid by applicant and Aquila Investment
Management LLC, the manager of the acquiring fund.
Filing Date: The application was filed on October 22, 2008.
Applicant's Address: One Regency Plaza, Suite One, Providence, RI
02903.
Liquid Reserves Portfolio [File No. 811-5813]; Tax Free Reserves
Portfolio [File No. 811-6118]; U.S. Treasury Reserves Portfolio [File
No. 811-6277]
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 Master Portfolio
Trust, based on net asset value. Applicants incurred no expenses in
connection with the reorganizations.
Filing Date: The applications were filed on October 30, 2008.
Applicants' Address: 55 Water St., New York, NY 10041.
MuniHoldings New York Fund, Inc. [File No. 811-21628]; Enhanced
Government Fund II, Inc. [File No. 811-21830]
Summary: Each applicant, a closed-end investment company, seeks an
order declaring that it has ceased to be an investment company.
Applicants have never made a public offering of their securities and do
not propose to make a public offering or engage in business of any
kind.
Filing Date: The applications were filed on October 14, 2008.
Applicants' Address: BlackRock, Inc., 800 Scudders Mill Rd.,
Plainsboro, NJ 08536.
[[Page 72533]]
Turnaround Investment Trust [File No. 811-21275]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On February 15, 2008, applicant made a
liquidating distribution to its shareholders, based on net asset value.
Expenses of $38,895 incurred in connection with the liquidation were
paid by applicant.
Filing Date: The application was filed on October 14, 2008.
Applicant's Address: 975 Willagillespie, Suite 200, Eugene, OR
97401.
Citigroup Alternative Investments Trust [File No. 811-21854]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. On June 6,
2008 and June 24, 2008, applicant made liquidating distributions to its
shareholders, based on net asset value. Expenses of approximately
$342,703 incurred in connection with the liquidation were paid by
applicant and Citigroup Alternative Investments LLC, applicant's
investment adviser. Applicant has set aside funds in a liquidating
trust account to pay approximately $20,000 in outstanding debts and
liabilities.
Filing Dates: The application was filed on August 14, 2008, and
amended on October 24, 2008.
Applicant's Address: 731 Lexington Ave., 28th Floor, New York, NY
10022.
Phoenix Multi-Portfolio Fund [File No. 811-5436]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On October 20, 2006, applicant's Phoenix Tax-
Exempt Bond Fund series transferred its assets to a corresponding
series of Phoenix Insight Funds Trust, based on net asset value. On
June 27, 2007, applicant's Phoenix Emerging Markets Bond Fund and
Phoenix Real Estate Securities Fund series transferred their assets to
corresponding series of Phoenix Opportunities Trust, based on net asset
value. On September 24, 2007, applicant's Phoenix International
Strategies Fund transferred its assets to a corresponding series of
Phoenix Opportunities Trust, based on net asset value. Expenses of
$27,152 incurred in connection with the reorganization of applicant's
Phoenix Tax-Exempt Bond Fund series were paid by Phoenix Investment
Counsel Inc., applicant's investment adviser. Total expenses of
$160,962 incurred in connection with the reorganization of applicant's
remaining three series were paid by the acquiring series of Phoenix
Opportunities Trust.
Filing Date: The application was filed on September 26, 2008.
Applicant's Address: 56 Prospect St., PO Box 150480, Hartford, CT
06115-0480.
StateShares, Inc. [File No. 811-22000]
Summary: Applicant 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 Date: The application was filed on October 14, 2008.
Applicant's Address: 420 Lexington Ave., Suite 2550, New York, NY
10170.
Western Asset Funds II, Inc. [File No. 811-6088]
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,
based on net asset value. Expenses of $32,580 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 October 30, 2008.
Applicant's Address: 55 Water St., New York, NY 10041.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Florence E. Harmon,
Acting Secretary.
[FR Doc. E8-28274 Filed 11-26-08; 8:45 am]
BILLING CODE 8011-01-P
