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 31, 2012. Net

assets of the Fund were unaffected by the reclassifications.

Reduction                                Reduction

to Accumulated                      to Accumulated Net

Net Investment                       Realized Loss

Loss                                         on Investments

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$ 1,724,934                                $ 1,724,934