The Fund adjusts the classification of distributions to shareholders to reflect
the differences between financial statement amounts and distributions determined
in accordance with income tax regulations. Accordingly, during the year ended
August 31, 2001, amounts have been reclassified to reflect an increase in
paid-in capital of $15,509,985, a decrease in accumulated net investment income
of $8,889,078, and a decrease in accumulated net realized gain on investments of
$6,620,907. This reclassification includes $15,509,985 distributed in connection
with Fund share redemptions which increased paid-in capital and reduced
accumulated net realized gain. Net assets of the Fund were unaffected by the
reclassifications.