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 October 31, 2011. Net assets of

the Fund were unaffected by the reclassifications.

 Increase to  Increase to

 Accumulated                                  Accumulated

     Net Investment                         Net Realized Loss

                                                                 Income                               on Investments

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            $2,067,227                                          $2,067,227