Net investment income (loss) and net realized gain (loss) may differ for financial statement

and tax purposes. The character of dividends and distributions made during the fiscal

year from net investment income or net realized gains may differ from their ultimate

characterization for federal income tax purposes. Also, due to timing of dividends and

distributions, the fiscal year in which amounts are distributed may differ from the

fiscal year in which the income or net realized gain was recorded by the Fund.

Accordingly, the following amounts have been reclassified for August 31, 2010. Net assets

of the Fund were unaffected by the reclassifications.

 Reduction  Reduction to

   to Accumulated      Accumulated Net

Reduction     Net  Investment                                   Realized Loss

                       to Paid-in Capital   Loss on Investments

---------------------------------------------------------------------------------------------------------------------------

                                 $154,867,531                             $9,716,910      $145,150,621