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 December 30, 2011. Net assets

of the Fund were unaffected by the reclassifications.

Reduction to                            Increase to

Accumulated                                Accumulated Net

             Net Investment                                      Realized Loss

              Loss                                      on Investments

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      $2,835,021                                           $2,835,021