-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Nvca2IDMpQnFTO4VLFtU5Jkk+Do/e6tdsTmO/gUgy7U4vcpPDCX0y9Dh6Gngici9 W0Vo670qFjcgGR1X7Dv1pg== 0000950137-96-000429.txt : 19970522 0000950137-96-000429.hdr.sgml : 19970522 ACCESSION NUMBER: 0000950137-96-000429 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19950523 FILED AS OF DATE: 19960404 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL INVESTMENT GRADE MUNICIPAL TRUST CENTRAL INDEX KEY: 0000849135 STANDARD INDUSTRIAL CLASSIFICATION: IRS NUMBER: 363673963 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-05786 FILM NUMBER: 96544338 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLZ CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT INVESTMENT GRADE MUNICIPAL TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT MANAGED MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 19891012 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL MUNICIPAL INCOME TRUST CENTRAL INDEX KEY: 0000818305 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 366866160 STATE OF INCORPORATION: MA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-05230 FILM NUMBER: 96544339 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT XEROX INSURED MUNIFUND DATE OF NAME CHANGE: 19880824 FORMER COMPANY: FORMER CONFORMED NAME: VKM INSURED MUNICIPAL TRUST DATE OF NAME CHANGE: 19870921 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL CALIFORNIA MUNICIPAL TRUST CENTRAL INDEX KEY: 0000840248 STANDARD INDUSTRIAL CLASSIFICATION: IRS NUMBER: 356890255 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-05662 FILM NUMBER: 96544340 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLZ CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT CALIFORNIA MUNICIPAL TRUST DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL INTERMEDIATE TERM HIGH INCOME TR CENTRAL INDEX KEY: 0000843506 STANDARD INDUSTRIAL CLASSIFICATION: IRS NUMBER: 363616859 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-05707 FILM NUMBER: 96544341 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLZ CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT INTERMEDIATE TERM HIGH INCOME TRUST DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL LIMITED TERM HIGH INCOME CENTRAL INDEX KEY: 0000846671 STANDARD INDUSTRIAL CLASSIFICATION: STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-05769 FILM NUMBER: 96544342 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLZ CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT LIMITED TERM HIGH INCOME TRUST DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL CALIFORNIA QUALITY MUNI TRUST CENTRAL INDEX KEY: 0000877461 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 363779780 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06361 FILM NUMBER: 96544343 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLZ CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT CALIFORNIA QUALITY MUNICIPAL TRUST DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL MUNICIPAL TRUST CENTRAL INDEX KEY: 0000877463 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 363779776 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06362 FILM NUMBER: 96544344 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLZ CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT MUNICIPAL TRUST DATE OF NAME CHANGE: 19920929 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT QUALITY MUNICIPAL TRUST DATE OF NAME CHANGE: 19600201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL NEW YORK QUALITY MUNICIPAL TRUST CENTRAL INDEX KEY: 0000877467 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 363779779 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06360 FILM NUMBER: 96544345 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLZ CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT NEW YORK QUALITY MUNICIPAL TRUST DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL OHIO QUALITY MUNICIPAL TRUST CENTRAL INDEX KEY: 0000877649 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 363779778 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06364 FILM NUMBER: 96544346 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLZ CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT OHIO QUALITY MUNICIPAL TRUST DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL FLORIDA QUALITY MUNICIPAL TRUST CENTRAL INDEX KEY: 0000877701 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 363779781 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06369 FILM NUMBER: 96544347 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLZ CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT FLORIDA QUALITY MUNICIPAL TRUST DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA QUALITY MUNI TRUST CENTRAL INDEX KEY: 0000877703 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 363797563 STATE OF INCORPORATION: PA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06370 FILM NUMBER: 96544348 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLZ CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT PENNSYLVANIA QUALITY MUNICIPAL TRUST DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL TR FOR INVSTMNT GRADE MUNICIPALS CENTRAL INDEX KEY: 0000880892 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 136976784 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06471 FILM NUMBER: 96544349 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 MAIL ADDRESS: STREET 1: VAN KAMPEN MERRITT STREET 2: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT TRUST FOR INVESTMENT GRADE MUNICIPALS DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL TRUST FOR INSURED MUNICIPALS CENTRAL INDEX KEY: 0000880893 STANDARD INDUSTRIAL CLASSIFICATION: IRS NUMBER: 363797563 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06472 FILM NUMBER: 96544350 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT TRUST FOR INSURED MUNICIPALS DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVT GRADE NEW YORK MU CENTRAL INDEX KEY: 0000883265 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 366981632 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06537 FILM NUMBER: 96544351 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLZ CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT TRUST FOR INVESTMENT GRADE NEW YORK MUNIC DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL TR FOR INVT GRDE CALIFORNIA MUNI CENTRAL INDEX KEY: 0000883266 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 366981629 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06535 FILM NUMBER: 96544352 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT TRUST FOR INVESTMENT GRADE CALIFORNIA MUN DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL TR FOR INVT GRDE PENNSYLVANIA MU CENTRAL INDEX KEY: 0000883267 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 366981633 STATE OF INCORPORATION: PA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06539 FILM NUMBER: 96544353 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLZ CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT TRUST FOR INVESTMENT GRADE PENNSYLVANIA M DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL TR FOR INVT GRADE FLORIDA MUNICI CENTRAL INDEX KEY: 0000883268 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 366981630 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06538 FILM NUMBER: 96544354 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT TRUST FOR INVESTMENT GRADE FLORIDA MUNICI DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL TR FOR INVT GRADE NEW JERSEY MUN CENTRAL INDEX KEY: 0000883269 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 366981631 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06536 FILM NUMBER: 96544355 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL TR FOR INVT GRADE NEW YORK MUNIC DATE OF NAME CHANGE: 19960102 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST CENTRAL INDEX KEY: 0000884152 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 363810337 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06567 FILM NUMBER: 96544356 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT MUNICIPAL OPPORTUNITY TRUST DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL ADVANTAGE PENNSYLVANIA CENTRAL INDEX KEY: 0000889518 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 367006142 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06732 FILM NUMBER: 96544357 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT ADVANTAGE PENNSYLVANIA MUNICIPAL INC TRUS DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST CENTRAL INDEX KEY: 0000889526 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 367006139 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06736 FILM NUMBER: 96544358 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT ADVANTAGE MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL OHIO VALUE MUNICIPAL INCOME TR CENTRAL INDEX KEY: 0000889527 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 367006144 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06738 FILM NUMBER: 96544359 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA STREET 2: C/O VAN KAMPEN MERRITT CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT OHIO VALUE MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 19940114 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT ADVANTAGE VIRGINIA MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL NEW JERSEY VALUE MUNI INCOME TR CENTRAL INDEX KEY: 0000889529 STANDARD INDUSTRIAL CLASSIFICATION: 0000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-06734 FILM NUMBER: 96544360 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT NEW JERSEY VALUE MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 19930528 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT ADVANTAGE NEW JERSEY MUNICIPAL INC TRUS DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL MASS VALUE MUNICIPAL INCOME TRUS CENTRAL INDEX KEY: 0000890515 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 367017428 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-07088 FILM NUMBER: 96544361 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT MASSACHUSETTS VALUE MUNICIPAL INCOME TRUS DATE OF NAME CHANGE: 19930528 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT ADVANTAGE MASSACHUSETTS MUNICIPAL INC TRU DATE OF NAME CHANGE: 19920929 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL STRATEGIC SECTOR MUNICIPAL TRUST CENTRAL INDEX KEY: 0000894241 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 357013700 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-07356 FILM NUMBER: 96544362 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT STRATEGIC SECTOR MUNICIPAL TRUST DATE OF NAME CHANGE: 19930714 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA VALUE MUNICIPAL TRU CENTRAL INDEX KEY: 0000895528 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 367017427 STATE OF INCORPORATION: PA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-07398 FILM NUMBER: 96544363 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 19930328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL VALUE MUNICIPAL INCOME TRUST CENTRAL INDEX KEY: 0000895529 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 367017424 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-07400 FILM NUMBER: 96544364 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 MAIL ADDRESS: STREET 1: VAN KAMPEN MERRITT INC STREET 2: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT VALUE MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 19930328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL N Y VALUE MUNICIPAL INCOME TRUST CENTRAL INDEX KEY: 0000895530 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 367017426 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-07402 FILM NUMBER: 96544365 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846840 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT NEW YORK VALUE MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 19930328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL CALIFORNIA VALUE MUNIC INC TRUST CENTRAL INDEX KEY: 0000895531 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 367017425 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-07404 FILM NUMBER: 96544366 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT CALIFORNIA VALUE MUNICIPAL INCOME TRUST DATE OF NAME CHANGE: 19930328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST II CENTRAL INDEX KEY: 0000902754 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 367038649 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-07676 FILM NUMBER: 96544367 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846840 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT MUNICIPAL OPPORTUNITY TRUST II DATE OF NAME CHANGE: 19930714 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL FLORIDA MUNICIPAL OPPORTUNITY TR CENTRAL INDEX KEY: 0000905636 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 367034644 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-07726 FILM NUMBER: 96544368 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846840 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT FLORIDA MUNICIPAL OPPORTUNITY TRUST DATE OF NAME CHANGE: 19930714 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TR II CENTRAL INDEX KEY: 0000908993 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 367041986 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-07868 FILM NUMBER: 96544369 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLZ CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086946840 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT ADVANTAGE MUNICIPAL INCOME TRUST II DATE OF NAME CHANGE: 19930712 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL SELECT SECTOR MUNICIPAL TRUST CENTRAL INDEX KEY: 0000912022 STANDARD INDUSTRIAL CLASSIFICATION: 0000 IRS NUMBER: 431239043 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 811-08000 FILM NUMBER: 96544370 BUSINESS ADDRESS: STREET 1: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 BUSINESS PHONE: 7086846000 MAIL ADDRESS: STREET 1: VAN KAMPEN MERRITT STREET 2: ONE PARKVIEW PLAZA CITY: OAKBROOK TERRACE STATE: IL ZIP: 60181 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT SELECT SECTOR MUNICIPAL TRUST DATE OF NAME CHANGE: 19930914 DEF 14A 1 NOTICE AND PS 1 SCHEDULE 14A (RULE 14A-101) INFORMATION REQUIRED IN PROXY STATEMENT SCHEDULE 14A INFORMATION PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. ) Filed by the Co-Registrants /X/ Filed by a Party other than the Registrant / / Check the appropriate box: / / Preliminary Proxy Statement / /Confidential, for Use of the Com- mission Only (as permitted by Rule 14a-6(e)(2)) /X/ Definitive Proxy Statement / / Definitive Additional Materials / / Soliciting Material Pursuant to Rule 14a-11(c) or Rule 14a-12 VAN KAMPEN AMERICAN CAPITAL INVESTMENT GRADE MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL CALIFORNIA VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL MASSACHUSETTS VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL NEW JERSEY VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL NEW YORK VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL OHIO VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL STRATEGIC SECTOR MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST II VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST II VAN KAMPEN AMERICAN CAPITAL FLORIDA MUNICIPAL OPPORTUNITY TRUST VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INSURED MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE CALIFORNIA MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE FLORIDA MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW JERSEY MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW YORK MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE PENNSYLVANIA MUNICIPALS VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL ADVANTAGE PENNSYLVANIA MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL CALIFORNIA QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL FLORIDA QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL OHIO QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL NEW YORK QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL CALIFORNIA MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL LIMITED TERM HIGH INCOME TRUST VAN KAMPEN AMERICAN CAPITAL INTERMEDIATE TERM HIGH INCOME TRUST VAN KAMPEN AMERICAN CAPITAL SELECT SECTOR MUNICIPAL TRUST (Names of Co-Registrants as Specified in Their Charters) Payment of Filing Fee (Check the appropriate box): /X/ $125 per each Co-Registrant (an aggregate of $4,125 for the Co-Registrants listed above) per Item 22(a)(2) of Schedule 14A. 2 April 1996 IMPORTANT NOTICE TO VAN KAMPEN AMERICAN CAPITAL CLOSED-END FUND SHAREHOLDERS QUESTIONS & ANSWERS - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------- Although we recommend you read the complete proxy statement, for your convenience, we've provided a brief overview of the issues to be voted on. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------- Q WHY IS A SHAREHOLDER MEETING BEING HELD? A Because each of the Van Kampen American Capital closed-end funds is traded on a nationally recognized stock exchange, each fund is required to hold an annual meeting of shareholders. Q WHAT PROPOSALS WILL BE VOTED ON? A You are being asked to elect the nominees for the Board of Trustees and ratify the selection of KPMG Peat Marwick LLP as the independent auditors for your fund(s). Q WILL MY VOTE MAKE A DIFFERENCE? A Yes! Your vote is important and will make a difference in the developments of your fund(s), no matter how many shares you own. Q HOW DOES THE BOARD OF TRUSTEES RECOMMEND THAT I VOTE? A They recommend that you vote "For" each proposal on the enclosed proxy card. Q WHY DOES THE PROXY STATEMENT LIST SEVERAL CLOSED-END FUNDS? A Each closed-end fund has similar proposals and it is cost-efficient for you, as a shareholder, to have a joint proxy statement and one meeting. Q WHERE DO I CALL FOR MORE INFORMATION? A Please call Van Kampen American Capital Investor Services at 1-800-341-2929 (TDD users call 1-800-772-8889) from 7:00 a.m. to 7:00 p.m. Central time, Monday through Friday. 3 ABOUT THE PROXY CARD Please vote on each issue using blue or black ink to mark an X in one of the boxes provided on the proxy card. ELECTION OF TRUSTEES -- mark "For," "Withhold" or "For All Except" To withhold authority for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. RATIFICATION OF independent auditors -- mark "For," "Against" or "Abstain" Sign, date and return the proxy card in the enclosed postage-paid envelope. All registered owners of an account, as shown in the address, must sign the card. If you are signing for a corporation, trust or estate, please indicate your title or position. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- SAMPLE /X/ PLEASE MARK VOTES AS IN THIS EXAMPLE For All 1.) Authority for the election For Withhold Except 2.) As to the proposal to ratify the For Against Abstain as Class X Trustees the / / / / / / selection of KPMG Peat / / / / / / nominees named below: Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending XXXXXXXXX, XXXXXXXXX, XXXXXXXXX XXXX, 1996. To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). VAN KAMPEN AMERICAN CAPITAL Please be sure to sign and date this Proxy. Date Mark box at right if comments or address change have been noted on the reverse side of this card. / / Shareholder sign here Co-owner sign here RECORD DATE SHARES:
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- 4 VAN KAMPEN AMERICAN CAPITAL INVESTMENT GRADE MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL CALIFORNIA VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL MASSACHUSETTS VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL NEW JERSEY VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL NEW YORK VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL OHIO VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL STRATEGIC SECTOR MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST II VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST II VAN KAMPEN AMERICAN CAPITAL FLORIDA MUNICIPAL OPPORTUNITY TRUST VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INSURED MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE CALIFORNIA MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE FLORIDA MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW JERSEY MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW YORK MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE PENNSYLVANIA MUNICIPALS VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL ADVANTAGE PENNSYLVANIA MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL CALIFORNIA QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL FLORIDA QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL OHIO QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL NEW YORK QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL CALIFORNIA MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL LIMITED TERM HIGH INCOME TRUST VAN KAMPEN AMERICAN CAPITAL INTERMEDIATE TERM HIGH INCOME TRUST VAN KAMPEN AMERICAN CAPITAL SELECT SECTOR MUNICIPAL TRUST ONE PARKVIEW PLAZA OAKBROOK TERRACE, ILLINOIS 60181 TELEPHONE (800) 341-2929 NOTICE OF JOINT MEETING OF SHAREHOLDERS TO BE HELD MAY 23, 1996 Notice is hereby given to: the holders of common shares of beneficial interest, par value $.01 per share (the "Common Shares"), of each of the Funds (as defined below); the holders of preferred shares of beneficial interest, liquidation preference $100,000 per share, designated Remarketed Preferred Shares (the "VIG RP") of Van Kampen American Capital 5 Investment Grade Municipal Trust ("VIG"); the holders of preferred shares of beneficial interest, liquidation preference $50,000 per share, designated Auction Preferred Shares (the "APS"), of each of Van Kampen American Capital Value Municipal Income Trust ("VKV"), Van Kampen American Capital California Value Municipal Income Trust ("VCV"), Van Kampen American Capital Massachusetts Value Municipal Income Trust ("VMV"), Van Kampen American Capital New Jersey Value Municipal Income Trust ("VJV"), Van Kampen American Capital New York Value Municipal Income Trust ("VNV"), Van Kampen American Capital Ohio Value Municipal Income Trust ("VOV"), Van Kampen American Capital Pennsylvania Value Municipal Income Trust ("VPV"), Van Kampen American Capital Strategic Sector Municipal Trust ("VKS"), Van Kampen American Capital Municipal Opportunity Trust II ("VOT"), Van Kampen American Capital Advantage Municipal Income Trust II ("VKI"), Van Kampen American Capital Florida Municipal Opportunity Trust ("VOF"), Van Kampen American Capital Trust for Investment Grade Municipals ("VGM"), Van Kampen American Capital Trust for Insured Municipals ("VIM"), Van Kampen American Capital Trust for Investment Grade California Municipals ("VIC"), Van Kampen American Capital Trust for Investment Grade Florida Municipals ("VTF"), Van Kampen American Capital Trust for Investment Grade New Jersey Municipals ("VTJ"), Van Kampen American Capital Trust for Investment Grade New York Municipals ("VTN"), Van Kampen American Capital Trust for Investment Grade Pennsylvania Municipals ("VTP"), Van Kampen American Capital Municipal Opportunity Trust ("VMO"), Van Kampen American Capital Advantage Municipal Income Trust ("VKA"), Van Kampen American Capital Advantage Pennsylvania Municipal Income Trust ("VAP"), Van Kampen American Capital Municipal Trust ("VKQ"), Van Kampen American Capital California Quality Municipal Trust ("VQC"), Van Kampen American Capital Florida Quality Municipal Trust ("VFM"), Van Kampen American Capital Ohio Quality Municipal Trust ("VOQ"), Van Kampen American Capital New York Quality Municipal Trust ("VNM") and Van Kampen American Capital Pennsylvania Quality Municipal Trust ("VPQ"); the holders of preferred shares of beneficial interest, liquidation preference $500,000 per share, designated Rate Adjusted Tax-Exempt Shares (the "VMT RATES") of Van Kampen American Capital Municipal Income Trust ("VMT"); the holders of preferred shares of beneficial interest, liquidation preference $50,000 per share, designated Remarketed Preferred Shares ("VKC RP") of Van Kampen American Capital California Municipal Trust ("VKC"); the holders of preferred shares of beneficial interest, liquidation preference $50,000 per share, designated Auction Preferred 6 Shares ("VLT APS") of Van Kampen American Capital Limited Term High Income Trust ("VLT"); the holders of preferred shares of beneficial interest, liquidation preference $100,000 per share, designated Auction Market Preferred Shares ("VIT AMPS") of Van Kampen American Capital Intermediate Term High Income Trust ("VIT"); and the holders of preferred shares of beneficial interest, liquidation preference $25,000 per share, designated Remarketed Preferred Shares ("VKL RP") of Van Kampen American Capital Select Sector Municipal Trust ("VKL") (collectively, VIG, VKV, VCV, VMV, VJV, VNV, VOV, VPV, VKS, VOT, VKI, VOF, VGM, VIM, VIC, VTF, VTJ, VTN, VTP, VMO, VKA, VAP, VKQ, VQC, VFM, VOQ, VNM, VPQ, VMT, VKC, VLT, VIT and VKL are hereinafter referred to as the "Funds") (collectively, VIG RP, the APS, VMT RATES, VKC RP, VLT APS, VIT AMPS and VKL RP are hereinafter referred to as the "Preferred Shares") that the Joint Meeting of Shareholders of the Funds (the "Meeting") will be held at the offices of the Funds, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on Thursday, May 23, 1996, at 2:00 p.m., for the following purposes: 1. ELECT TRUSTEES: With respect to each Fund, to elect trustees in the following manner: a) With respect to VIG, VKV, VCV, VMV, VJV, VNV, VOV, VPV, VKS, VOT, VKI and VOF, to elect three trustees, two by the holders of the Common Shares of each Fund and one by the holders of the Preferred Shares of each Fund, the Common Shares and the Preferred Shares of each Fund voting as separate classes, each trustee to serve for a 3 year term or until their successors shall have been duly elected and qualified; b) With respect to VGM, VIM, VIC, VTF, VTJ, VTN, VTP, VMO, VKA, VAP, VKQ, VQC, VFM, VOQ, VNM, VPQ, VMT, VKC, VLT and VIT, to elect three trustees by the holders of the Common Shares of each Fund voting as a separate class, each trustee to serve for a 3 year term or until their successors shall have been duly elected and qualified; c) With respect to VKL, to elect two trustees, one by the holders of the Common Shares of each Fund and one by the holders of the Preferred Shares of each Fund, the Common Shares and the Preferred Shares of each Fund voting as separate classes, each trustee to serve for a 3 year term or until their successors shall have been duly elected and qualified; 7 2. INDEPENDENT AUDITORS: With respect to each Fund, to ratify or reject, by the holders of the Common Shares and the Preferred Shares of such Fund, voting together as a single class, the selection of KPMG Peat Marwick LLP as independent auditors for the fiscal year of each respective Fund ending in 1996; and 3. OTHER BUSINESS: To transact such other business as may properly come before the Meeting. Holders of record of the Common Shares of each Fund and holders of record of the Preferred Shares of each Fund at the close of business on March 22, 1996 are entitled to notice of, and to vote at, the Meeting and any adjournment thereof. By order of the Boards of Trustees RONALD A. NYBERG, Vice President and Secretary April 5, 1996 8 SHAREHOLDERS OF EACH FUND ARE INVITED TO ATTEND THE MEETING IN PERSON. IF YOU DO NOT EXPECT TO ATTEND THE MEETING, PLEASE INDICATE YOUR VOTING INSTRUCTIONS ON THE ENCLOSED PROXY CARD, WITH RESPECT TO EACH FUND IN WHICH YOU WERE A SHAREHOLDER AS OF THE RECORD DATE, DATE AND SIGN IT, AND RETURN IT IN THE ENVELOPE PROVIDED, WHICH IS ADDRESSED FOR YOUR CONVENIENCE AND NEEDS NO POSTAGE IF MAILED IN THE UNITED STATES. IN ORDER TO AVOID THE ADDITIONAL EXPENSE OF FURTHER SOLICITATION, WE ASK THAT YOU MAIL YOUR PROXY PROMPTLY. MANAGEMENT OF EACH FUND RECOMMENDS THAT YOU CAST YOUR VOTE FOR EACH OF THE NOMINEES FOR THE BOARD OF TRUSTEES LISTED IN THE PROXY STATEMENT AND FOR THE RATIFICATION OF THE SELECTION OF KPMG PEAT MARWICK LLP AS INDEPENDENT AUDITORS FOR THE FISCAL YEAR OF EACH RESPECTIVE FUND ENDING IN 1996. YOUR VOTE IS IMPORTANT. PLEASE RETURN YOUR PROXY CARD PROMPTLY NO MATTER HOW MANY SHARES YOU OWN. 9 PROXY STATEMENT VAN KAMPEN AMERICAN CAPITAL INVESTMENT GRADE MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL CALIFORNIA VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL MASSACHUSETTS VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL NEW JERSEY VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL NEW YORK VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL OHIO VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL STRATEGIC SECTOR MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST II VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST II VAN KAMPEN AMERICAN CAPITAL FLORIDA MUNICIPAL OPPORTUNITY TRUST VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INSURED MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE CALIFORNIA MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE FLORIDA MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW JERSEY MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW YORK MUNICIPALS VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE PENNSYLVANIA MUNICIPALS VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL ADVANTAGE PENNSYLVANIA MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL CALIFORNIA QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL FLORIDA QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL OHIO QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL NEW YORK QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA QUALITY MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL MUNICIPAL INCOME TRUST VAN KAMPEN AMERICAN CAPITAL CALIFORNIA MUNICIPAL TRUST VAN KAMPEN AMERICAN CAPITAL LIMITED TERM HIGH INCOME TRUST VAN KAMPEN AMERICAN CAPITAL INTERMEDIATE TERM HIGH INCOME TRUST VAN KAMPEN AMERICAN CAPITAL SELECT SECTOR MUNICIPAL TRUST ONE PARKVIEW PLAZA OAKBROOK TERRACE, ILLINOIS 60181 TELEPHONE (800) 341-2929 JOINT MEETING OF SHAREHOLDERS MAY 23, 1996 INTRODUCTION BACKGROUND This Proxy Statement and the accompanying form of proxy, both of which are to be mailed on approximately April 5, 1996, are furnished in connection with the solicitation by the Board of Trustees of Van Kampen American Capital Investment Grade Municipal Trust ("VIG"), Van Kampen American Capital Value Municipal Income Trust ("VKV"), Van Kampen American Capital California Value Municipal 10 Income Trust ("VCV"), Van Kampen American Capital Massachusetts Value Municipal Income Trust ("VMV"), Van Kampen American Capital New Jersey Value Municipal Income Trust ("VJV"), Van Kampen American Capital New York Value Municipal Income Trust ("VNV"), Van Kampen American Capital Ohio Value Municipal Income Trust ("VOV"), Van Kampen American Capital Pennsylvania Value Municipal Income Trust ("VPV"), Van Kampen American Capital Strategic Sector Municipal Trust ("VKS"), Van Kampen American Capital Municipal Opportunity Trust II ("VOT"), Van Kampen American Capital Advantage Municipal Income Trust II ("VKI"), Van Kampen American Capital Florida Municipal Opportunity Trust ("VOF"), Van Kampen American Capital Trust for Investment Grade Municipals ("VGM"), Van Kampen American Capital Trust for Insured Municipals ("VIM"), Van Kampen American Capital Trust for Investment Grade California Municipals ("VIC"), Van Kampen American Capital Trust for Investment Grade Florida Municipals ("VTF"), Van Kampen American Capital Trust for Investment Grade New Jersey Municipals ("VTJ"), Van Kampen American Capital Trust for Investment Grade New York Municipals ("VTN"), Van Kampen American Capital Trust for Investment Grade Pennsylvania Municipals ("VTP"), Van Kampen American Capital Municipal Opportunity Trust ("VMO"), Van Kampen American Capital Advantage Municipal Income Trust ("VKA"), Van Kampen American Capital Advantage Pennsylvania Municipal Income Trust ("VAP"), Van Kampen American Capital Municipal Trust ("VKQ"), Van Kampen American Capital California Quality Municipal Trust ("VQC"), Van Kampen American Capital Florida Quality Municipal Trust ("VFM"), Van Kampen American Capital Ohio Quality Municipal Trust ("VOQ"), Van Kampen American Capital New York Quality Municipal Trust ("VNM"); Van Kampen American Capital Pennsylvania Quality Municipal Trust ("VPQ"); Van Kampen American Capital Municipal Income Trust ("VMT"), Van Kampen American Capital California Municipal Trust ("VKC"), Van Kampen American Capital Limited Term High Income Trust ("VLT"), Van Kampen American Capital Intermediate Term High Income Trust ("VIT") and Van Kampen American Capital Select Sector Municipal Trust ("VKL")(collectively, the "Funds") of proxies to be voted at the Joint Meeting of Shareholders of the Funds, and at any and all adjournments thereof (the "Meeting"), to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on Thursday, May 23, 1996 at 2:00 p.m. The Meeting is scheduled as a joint meeting of the respective shareholders of the Funds because the shareholders of each Fund are expected to consider and vote on similar matters. The Board of Trustees of each Fund has determined that the use of a joint Proxy Statement for the Meeting is in the best interest of the shareholders of each of the Funds. In the event that any shareholder of any Fund present at the Meeting objects to the holding of a joint meeting and moves for an adjournment of the meeting of such Fund to a time immediately after the Meeting, so that such Fund's meeting may be held separately, the persons named as proxies will vote in favor of such adjournment. Shareholders of each Fund will vote separately on each 2 11 of the proposals relating to their Fund, and an unfavorable vote on a proposal by the shareholders of one Fund will not affect the implementation of such a proposal by another Fund if the proposal is approved by the shareholders of that Fund. The Board of Trustees of each Fund selects a record date to determine which holders of shares are entitled to vote at the Meeting. The Board of Trustees of each Fund has fixed the close of business on March 22, 1996 as the record date for the holders of common shares of beneficial interest, par value $.01 per share, of each Fund (collectively, the "Common Shares"). The Board of Trustees of each Fund has fixed the close of business on March 22, 1996 as the record date for the holders of: preferred shares of beneficial interest, liquidation preference $100,000 per share, of VIG, designated Remarketed Preferred Shares ("VIG RP"); preferred shares of beneficial interest, liquidation preference $50,000 per share, of each of VKV, VCV, VMV, VJV, VNV, VOV, VPV, VKS, VOT, VKI, VOF, VGM, VIM, VIC, VTF, VTJ, VTN, VTP, VMO, VKA, VAP, VKQ, VQC, VFM, VOQ, VNM and VPQ, each designated Auction Preferred Shares (collectively, the "APS"); preferred shares of beneficial interest, liquidation preference $500,000 per share, of VMT, designated Rate Adjusted Tax-Exempt Shares ("VMT RATES"); preferred shares of beneficial interest, liquidation preference $50,000 per share, of VKC, designated Remarketed Preferred Shares ("VKC RP"); preferred shares of beneficial interest, liquidation preference $50,000 per share, of VLT, designated Auction Preferred Shares ("VLT APS"); preferred shares of beneficial interest, liquidation preference $100,000 per share, of VIT, designated Auction Market Preferred Shares ("VIT AMPS"); and preferred shares of beneficial interest, liquidation preference $25,000 per share, of VKL, designated Remarketed Preferred Shares ("VKL RP") (collectively, VIG RP, the APS, VMT RATES, VKC RP, VLT APS, VIT AMPS and VKL RP are hereinafter referred to as the "Preferred Shares"). Only a holder of Common Shares or Preferred Shares (collectively, the "Shares") on the record date (the "Record Date") will be entitled to one vote for each Share held, with no Share having cumulative voting rights. 3 12 SUMMARY OF SHAREHOLDER PROXY PROPOSALS
CLASSES OF SHARES OF SUCH PROPOSAL AFFECTED FUNDS FUNDS ENTITLED TO VOTE - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------- ------------------ ------------------------------------ 1(a) VIG, VKV, VCV, VMV, VJV, VNV, VOV, VPV, VKS, VOT, VKI and VOF............... Common Shares and Preferred Shares 1(b) VGM, VIM, VIC, VTF, VTJ, VTN, VTP, VMO, VKA, VAP, VKQ, VQC, VFM, VOQ, VNM, VPQ, VMT, VKC, VLT and VIT........... Common Shares 1(c) VKL............... Common Shares and Preferred Shares 2 All Funds......... Common Shares and Preferred Shares
At the close of business on March 22, 1996, the issued and outstanding Common Shares and issued and outstanding Preferred Shares for each Fund were as follows:
FUND COMMON SHARES PREFERRED SHARES - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ------------------------- ------------- ---------------- VIG...................... 4,839,000 250 VKV...................... 23,555,115 4,500 VCV...................... 6,029,844 1,200 VMV...................... 2,658,295 500 VJV...................... 2,499,940 500 VNV...................... 4,291,172 800 VOV...................... 1,681,438 300 VPV...................... 4,468,924 900 VKS...................... 10,806,700 1,900 VOT...................... 11,731,272 2,300 VKI...................... 8,168,211 1,600 VOF...................... 1,683,270 320 VGM...................... 27,013,149 5,300 VIM...................... 9,619,286 1,800 VIC...................... 4,619,242 900 VTF...................... 4,137,306 800 VTJ...................... 3,925,373 800 VTN...................... 6,200,986 1,200 VTP...................... 7,420,970 1,400 VMO...................... 15,352,890 3,000 VKA...................... 19,106,785 3,800 VAP...................... 4,361,902 800
4 13
FUND COMMON SHARES PREFERRED SHARES - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ------------------------- ------------- ---------------- VKQ...................... 36,270,469 6,000 VQC...................... 9,623,295 1,500 VFM...................... 6,451,212 1,000 VOQ...................... 4,192,970 700 VNM...................... 5,643,499 900 VPQ...................... 8,102,830 1,300 VMT...................... 27,962,051 330 VKC...................... 3,192,553 400 VLT...................... 8,109,001 900 VIT...................... 13,710,760 850 VKL...................... 4,682,127 1,360
As of March 22, 1996, to the knowledge of management of each Fund, no person beneficially owned more than 5% of such Fund's outstanding Common Shares or outstanding Preferred Shares. VOTING With respect to each Fund, the holders of Common Shares will vote together with the holders of the Preferred Shares as a single class on all proposals to be brought before the Meeting, except that the holders of the Common Shares and Preferred Shares, each voting as separate classes, will vote on those respective nominees for the Board of Trustees designated to be elected by the holders of the Common Shares and the holders of the Preferred Shares (See "Proposal 1: Election of Trustees" below). The voting requirement for passage of a particular proposal depends on the nature of the particular proposal. With respect to Proposal 1, an affirmative vote of a plurality of the Common Shares of a Fund present in person or by proxy at the Meeting is required to elect the nominee(s) for Trustee of each Fund designated to be elected by the holders of the Common Shares of such Fund and an affirmative vote of a plurality of the Preferred Shares of a Fund present in person or by proxy at the Meeting is required to elect the nominee(s) for Trustee of each Fund designated to be elected by the holders of the Preferred Shares of such Fund. With respect to Proposal 2, an affirmative vote of a majority of the Common Shares and Preferred Shares of a Fund, voting together as a single class, present in person or by proxy at the Meeting is necessary to ratify the selection of the independent auditors. On the matters coming before the Meeting as to which a choice has been specified by the shareholder by means of the ballot on the proxy, the Shares will be voted accordingly. Shares not voted with respect to a proposal due to an abstention or broker non-vote will be deemed votes not cast with respect to such proposal, but such Shares will be deemed present for quorum purposes. Management of each Fund recommends that you cast your vote FOR each of the nominees for the Board of Trustees listed in this Proxy Statement for such Fund and FOR the ratification of the selection of KPMG Peat Marwick LLP as independent auditors for the fiscal 5 14 year of each respective Fund ending in 1996. If no choice is so specified, the Shares will be voted FOR the election of the respective nominees for Trustee of each Fund listed in this Proxy Statement and FOR ratification of KPMG Peat Marwick LLP as independent auditors for the fiscal year of each respective Fund ending in 1996. Shareholders who execute proxies may revoke them at any time before they are voted by filing with the respective Fund a written notice of revocation, by delivering a duly executed proxy bearing a later date, or by attending the Meeting and voting in person. The Funds know of no business other than that mentioned in proposals 1 and 2 in the Notice of Joint Meeting of Shareholders which will be presented for consideration at the Meeting. If any other matters are properly presented, it is the intention of the persons named on the enclosed proxy to vote proxies in accordance with their best judgment. In the event a quorum is present at the Meeting but sufficient votes to approve any of the proposals are not received, the persons named as proxies may propose one or more adjournments of such Meeting to permit further solicitation of proxies, provided they determine that such an adjournment and additional solicitation is reasonable and in the interest of Shareholders based on a consideration of all relevant factors, including the nature of the relevant proposal, the percentage of votes then cast, the percentage of negative votes then cast, the nature of the proposed solicitation activities and the nature of the reasons for such further solicitation. INVESTMENT ADVISER Van Kampen American Capital Investment Advisory Corp. (the "Adviser") is the investment adviser for each of the Funds. The Adviser has acted as investment adviser to each of the Funds since each Fund commenced its investment operations. The address of the Adviser is One Parkview Plaza, Oakbrook Terrace, Illinois 60181. The Adviser is a wholly-owned subsidiary of Van Kampen American Capital, Inc., which in turn is a wholly-owned subsidiary of VK/AC Holding, Inc. VK/AC Holding, Inc. is controlled, through the ownership of a substantial majority of its common stock, by The Clayton & Dubilier Private Equity Fund IV Limited Partnership ("C&D L.P."), a Connecticut limited partnership. C&D L.P. is managed by Clayton, Dubilier & Rice, Inc., a New York based private investment firm. The General Partner of C&D L.P. is Clayton & Dubilier Associates IV Limited Partnership ("C&D Associates L.P."). The general partners of C&D Associates L.P. are Joseph L. Rice, III, B. Charles Ames, William A. Barbe, Alberto Cribiore, Donald J. Gogel, Leon J. Hendrix, Jr., Hubbard C. Howe and Andrall E. Pearson, each of whom is a principal of Clayton, Dubilier & Rice, Inc. In addition, certain officers, directors and employees of Van Kampen American Capital, Inc. own, in the aggregate, not more than 7% of the common stock of VK/AC Holding, Inc. and have the right to acquire, upon the exercise of options, approximately an additional 13% of the common stock of VK/AC Holding, Inc. Presently, and after giving effect to the exercise of such options, no officer or trustee 6 15 of Funds owns or would own 5% or more of the common stock of VK/AC Holding, Inc. Each Investment Advisory Agreement provides that the Adviser will supply investment research and portfolio management, including the selection of securities for each Fund to purchase, hold, or sell and the selection of brokers through whom that Fund's portfolio transactions are executed. The Adviser also administers the business affairs of each Fund, furnishes offices, necessary facilities and equipment, provides administrative services, and permits its officers and employees to serve without compensation as trustees and officers of such Fund if duly elected to such positions. OTHER SERVICE PROVIDERS Each Fund, except VMT, VKC, VLT and VIT, has entered into an administration agreement between such Fund and Van Kampen American Capital Distributors, Inc. (in such capacity, the "Administrator"). The Administrator's principal place of business is One Parkview Plaza, Oakbrook Terrace, Illinois 60181. With respect to VKS, the Administrator has engaged Mitchell Hutchins Asset Management Inc. to act as a sub-administrator (the "Sub-Administrator"). The Sub-Administrator's principal place of business is 1285 Avenue of the Americas, New York, New York 10019. With respect to VKL, the Adviser has also entered into an administration agreement between VKL and Princeton Administrators, L.P., formerly known as Middlesex Administrators L.P. ("Princeton"), for the provision of certain administration services. Princeton's principal place of business is 800 Scudders Mill Road, Plainsboro, New Jersey 08536. Each Fund has entered into an accounting services agreement with the Adviser. Each Fund has entered into a legal services agreement with Van Kampen American Capital, Inc. Van Kampen American Capital, Inc.'s principal place of business is One Parkview Plaza, Oakbrook Terrace, Illinois 60181. Each of VIG, VMT, VKC, VLT and VIT has entered into a support services agreement with Van Kampen American Capital Distributors, Inc. 7 16 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ------------------------------------------------------------------------------ PROPOSAL 1: ELECTION OF TRUSTEES - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ------------------------------------------------------------------------------ With respect to each of the Funds, trustees are to be elected by the Shareholders in the following manner: a) With respect to VIG, VKV, VCV, VMV, VJV, VNV, VOV, VPV, VKS, VOT, VKI and VOF, Class III Trustees are to be elected at the Meeting by the Shareholders to serve until the later of that Fund's Annual Meeting of Shareholders in 1999 or until their successors have been duly elected and qualified. Holders of Common Shares, voting as a separate class, will vote with respect to the two nominees set forth below as Class III Trustees designated to be elected by the holders of Common Shares. Holders of Preferred Shares, voting as a separate class, will vote with respect to the one nominee set forth below as a Class III Trustee designated to be elected by the holders of Preferred Shares. An affirmative vote of a plurality of the Common Shares of each Fund and a plurality of the Preferred Shares of each Fund, voting as separate classes, present at the Meeting in person or by proxy is required to elect the respective nominees. It is the intention of the persons named in the enclosed proxy to vote the Shares represented by them for the election of the respective nominees listed below unless the proxy is marked otherwise. b) With respect to VGM, VIM, VIC, VTF, VTJ, VTN, VTP, VMO, VKA, VAP, VKQ, VQC, VFM, VOQ, VNM, VPQ, VMT, VKC, VLT and VIT, Class I Trustees are to be elected at the Meeting by the Shareholders to serve until the later of that Fund's Annual Meeting of Shareholders in 1999 or until their successors have been duly elected and qualified. Holders of Common Shares, voting as a separate class, will vote with respect to the three nominees set forth below as Class I Trustees designated to be elected by the holders of Common Shares. At this meeting, there are no nominees for Class I Trustees designated to be elected by the holders of Preferred Shares. An affirmative vote of a plurality of the Common Shares of each Fund, voting as a separate class, present at the Meeting in person or by proxy is required to elect the respective nominees. It is the intention of the persons named in the enclosed proxy to vote the Shares represented by them for the election of the respective nominees listed below unless the proxy is marked otherwise. c) With respect to VKL, Class II Trustees are to be elected at the Meeting by the Shareholders to serve until the later of the Fund's Annual Meeting of Shareholders in 1999 or until their successors have been duly elected and qualified. Holders of Common Shares, voting as a separate class, will vote with respect to the one nominee set forth below as a Class II Trustee designated to be elected by the holders of Common Shares. Holders of Preferred Shares, voting as a separate class, will vote with respect to the one nominee set forth below as a Class II Trustee 8 17 designated to be elected by the holders of Preferred Shares. An affirmative vote of a plurality of the Common Shares of each Fund and a plurality of the Preferred Shares of each Fund, voting as separate classes, present at the Meeting in person or by proxy is required to elect the respective nominees. It is the intention of the persons named in the enclosed proxy to vote the Shares represented by them for the election of the respective nominees listed below unless the proxy is marked otherwise. Each of the Trustees named below, except for Messrs. Kerr, Sonnenschein and Powell, has acted as Trustee since his election to the Board of Trustees of: VIG in October of 1989, VKV, VCV, VMV, VJV, VNV, VOV and VPV in January of 1993, VKS in December of 1992, VOT in April 1993, VKI in June of 1993, VOF in March of 1993, VGM and VIM in November of 1991, VIC, VTF, VTJ, VTN and VTP in February of 1992, VMO in March of 1992, VKA and VAP in August of 1992, VKQ, VQC, VFM, VOQ, VNM and VPQ in August of 1991, VMT in August of 1988, VKC in September of 1988, VLT in February of 1989, VIT in December of 1988 and VKL in October of 1993. VIG commenced investment operations in November of 1989. VKV commenced investment operations in March of 1993. VCV, VMV, VJV, VNV, VOV and VPV commenced investment operations in April of 1993. VKS commenced investment operations in January of 1993. VOT commenced investment operations in June of 1993. VKI commenced investment operations in August of 1993. VOF commenced investment operations in July of 1993. VGM and VIM commenced investment operations in January of 1992. VIC, VTF, VTJ, VTN and VTP commenced investment operations in March of 1992. VMO commenced investment operations in April of 1992. VKA and VAP commenced investment operations in September of 1992. VKQ, VQC, VFM, VOQ, VNM and VPQ commenced investment operations in September of 1991. VMT commenced investment operations in August of 1988. VKC commenced investment operations in November of 1988. VLT commenced investment operations in April of 1989. VIT commenced investment operations in January of 1989. VKL commenced investment operations in November of 1993. With respect to VIG, VGM, VIM, VIC, VTF, VTJ, VTN, VTP, VMO, VKA, VAP, VKQ, VQC, VFM, VOQ, VNM, VPQ, VMT, VKC, VLT and VIT, Mr. Kerr was appointed as a Trustee of each of these Funds on October 26, 1992 to fill a vacant Trustee position on the Board of Trustees of such Funds in connection with the expansion of such Boards on such date from seven to eight Trustees. Mr. Sonnenschein was appointed as a Trustee of each of the Funds on February 25, 1994 to fill a vacant Trustee position in connection with the retirement from each of the Boards of Clyde H. Keith on the same date. Mr. Powell was appointed as a Trustee of each of the Funds on January 28, 1995 to fill a vacant Trustee position in connection with the resignation from each of the Boards of John C. Merritt on the same date. Mr. Merritt, who had been a Trustee and Chairman of each of the investment companies advised by the Adviser, also resigned as the Chairman of the Board, Chief Executive Officer and a Director of the Adviser, Van Kampen Merritt Management Inc., Van Kampen Merritt Inc., and Chairman, Chief Executive Officer, President, Chief Operating Officer and Director of The Van Kampen 9 18 Merritt Companies, Inc. and VKM Holding, Inc. Mr. Merritt's resignation from these Van Kampen Merritt-related entities was related to the purchase by Van Kampen American Capital, Inc. (formerly, The Van Kampen American Capital Companies, Inc.) of American Capital Management & Research, Inc. from The Travelers Inc. (the "American Capital Acquisition"). At or subsequent to the closing of the American Capital Acquisition, Mr. Merritt exercised options and sold approximately 49,740 shares of the common stock of Van Kampen American Capital, Inc. at a purchase price of $200 per share. In addition, Mr. Merritt has a severance agreement with Van Kampen American Capital, Inc. entitling him to approximately $550,000 payable during 1995. Mr. American Capital was also a Director of McCarthy, Crisanti & Maffei, Inc., MCM Asia Pacific Company, Limited, a limited partner of R.L. Renck & Co., Inc., and Vice Chairman of the Municipal Securities Rulemaking Board. The Declaration of Trust of each Fund provides that the Board of Trustees shall consist of not less than three nor more than eleven trustees divided into three classes, the classes to be as nearly equal in number as possible. The Trustees of only one class are elected at each annual meeting so that the regular term of only one class of Trustees will expire annually and any particular Trustee stands for election only once in each three-year period. With respect to each of the Funds, pursuant to the Investment Company Act of 1940, as amended (the "1940 Act"), as long as any Preferred Shares are outstanding, the holders of Preferred Shares will, voting as a separate class, elect two of the Trustees of the Fund. One each of the Class II Trustees and the Class III Trustees has been designated to be elected by the holders of the Preferred Shares. In the event a vacancy occurs on any Board of Trustees by reason of death, resignation or a reason other than removal by the appropriate class of Shareholders, the remaining Trustees, or remaining Trustee, elected by the class that elected the vacant Trustee's position shall fill the vacancy for the entire unexpired term. Mr. Dammeyer is currently the Class II Trustee designated to be elected by the holders of the Preferred Shares and Mr. Myers is currently the Class III Trustee designated to be elected by the holders of the Preferred Shares. With respect to each of the Funds, each of the nominees has agreed to serve as a Trustee if elected; however, should any nominees become unable or unwilling to accept nomination or election, the proxies will be voted for one or more substitute nominees designated by the present Board of Trustees of each Fund. 10 19 The following sets forth the names, addresses, ages, principal occupations and other information regarding the Trustee nominees and those Trustees whose terms continue after the Meeting.
PRINCIPAL OCCUPATIONS OR NAME, ADDRESS AND AGE EMPLOYMENT IN PAST 5 YEARS - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------- ------------------------------------------ David C. Arch(1)............ Trustee. Mr. Arch is Chairman and Chief 1800 Swift Drive Executive Officer of Blistex Inc., a Oak Brook, IL 60521 consumer health care products Age: 50 manufacturer. Mr. Arch is also a Trustee of other investment companies advised by the Adviser. Rod Dammeyer(2)............. Trustee. Mr. Dammeyer is President, Chief Two North Riverside Plaza Executive Officer and Director of Anixter Chicago, IL 60606 International Inc. (formerly known as Itel Age: 55 Corporation), a value-added provider of integrated networking and cabling solutions that support business informa- tion and network infrastructure requirements; and Great American Management & Investment, Inc., a diversified manufacturing company. He is also a Director of Lukens, Inc., Falcon Building Products, Inc., Revco D.S., Inc., Jacor Communications, Inc., Capsure Holdings Corp., IMC Global Inc. (formerly known as The Vigoro Corporation) and Antec Corporation. Mr. Dammeyer was previously a Director of Santa Fe Energy Resources, Inc., Lomas Financial Corporation, Santa Fe Pacific Corporation, Q-Tel, S.A. de C.V. and Servicios Financieros Quadrum, S.A. Mr. Dammeyer is also a Trustee of other investment companies advised by the Adviser. Howard J Kerr(1)............ Trustee. Mr. Kerr is President and Chief 736 North Western Ave. Executive Officer of Pocklington P.O. Box 317 Corporation, Inc., an investment holding Lake Forest, IL 60045 company. Mr. Kerr is also a Director of Age: 60 Canbra Foods, Ltd., a Canadian oilseed crushing, refining, processing and packaging operation. Mr. Kerr is a Trustee of other investment companies advised by the Adviser.
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PRINCIPAL OCCUPATIONS OR NAME, ADDRESS AND AGE EMPLOYMENT IN PAST 5 YEARS - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------- ------------------------------------------ Dennis J. McDonnell*(1)..... President, Chief Executive Officer and One Parkview Plaza Trustee. Mr. McDonnell is President, Chief Oakbrook Terrace, IL 60181 Operating Officer and a Director of the Age: 53 Adviser, the AC Adviser, Van Kampen American Capital Advisors Inc., VCJ Inc. and Van Kampen American Capital Management, Inc. He is also an Executive Vice President and Director of VK/AC Holding, Inc., and Van Kampen American Capital. Chairman and Director of MCM Asia Pacific Company, Limited and VSM, Inc., Chief Executive Officer of McCarthy, Crisanti & Maffei, Inc. and McCarthy, Crisanti & Maffei Acquisition Corporation, President of Van Kampen Merritt Equity Advisors Corp., Director of Van Kampen Merritt Equity Holdings Corp. and McCarthy, Crisanti & Maffei, S.A. Mr. McDonnell is the President, Chief Executive Officer and a Trustee of other investment companies advised by the Adviser and its affiliates. Theodore A. Myers(3)........ Trustee. Mr. Myers is an Executive Vice 1940 East 6th Street President and Chief Financial Officer of Cleveland, OH 44114 Qualitech Steel Corporation, a producer of Age: 65 high quality engineered steels for automotive, transportation and capital goods industries. He is also a Director of McLouth Steel and a member of the Arthur Anderson Chief Financial Officer Advisory Committee. Prior to August, 1993, Mr. Myers was Senior Vice President, Chief Financial Officer and a Director of Doskocil Companies, Inc., a food processing and distribution company. Mr. Myers is also a Trustee of other investment companies advised by the Adviser. Don G. Powell*(3)........... Chairman and Trustee. Mr. Powell is 2800 Post Oak Blvd. President, Chief Executive Officer and a Houston, TX 77056 Director of VK/AC Holding, Inc. and Van Age: 56 Kampen American Capital, Inc.; Chairman, Chief Executive Officer and a Director of the Distributor, the Adviser and Van Kampen American Capital Management, Inc. (the "AC Adviser"); Chairman, President and Director of Van Kampen American Capital Services, Inc.; Director, President and Chief Executive Officer of Van Kampen American Capital Advisors, Inc. and Van Kampen American Capital Exchange Corp.; Director and Executive Vice President of Advantage Capital Corporation, ACCESS Investor Services, Inc. and Van Kampen American Capital Trust Company; Director of McCarthy, Crisanti & Maffei, Inc. He is also President and Director, Trustee or Managing General Partner of each of the funds advised by the Adviser and its affiliates.
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PRINCIPAL OCCUPATIONS OR NAME, ADDRESS AND AGE EMPLOYMENT IN PAST 5 YEARS - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------- ------------------------------------------ Hugo F. Sonnenschein(3)..... Trustee. Mr. Sonnenschein is President of 5801 South Ellis Avenue the University of Chicago. Mr. Suite 502 Sonnenschein is a member of the Board of Chicago, IL 60637 Trustees of the University of Rochester Age: 55 and a member of its investment committee. Prior to July, 1993, Mr. Sonnenschein was Provost of Princeton University and Dean of the School of Arts and Sciences at the University of Pennsylvania. Mr. Sonnenschein is a member of the National Academy of Sciences and a fellow of the American Academy of Arts and Sciences. Mr. Sonnenschein is also a trustee of other investment companies advised by the Adviser. Wayne W. Whalen*(2)......... Trustee. Mr. Whalen is a partner in the 333 West Wacker Drive law firm of Skadden, Arps, Slate, Meagher Chicago, IL 60606 & Flom. Mr. Whalen is also a Trustee of Age: 56 other investment companies advised by the Adviser and the AC Adviser.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - --------------- * Such trustees are "interested persons" (within the meaning of Section 2(a)(19) of the 1940 Act). Messrs. McDonnell and Powell are interested persons of the Adviser and the Funds by reason of such trustee's position with the Adviser. Mr. Whalen is an interested person of the Funds by reason of acting as legal counsel for such Funds. (1) Class I Trustee. (2) Class II Trustee. (3) Class III Trustee. ------------------------ Unless specified otherwise in Appendix A, the Trustee owns no Common Shares of the Funds as of March 22, 1996. Ownership, as of March 22, 1996, can be direct or beneficial; and such ownership constitutes less than 1% of the outstanding Common Shares of the respective Fund. As of March 22, 1996, none of the Trustees owned Preferred Shares of the respective Funds. During the fiscal year ended October 31, 1995, the Board of Trustees of VIG, VKV, VCV, VMV, VJV, VNV, VOV, VPV, VKS, VOT, VKI, VOF, VGM, VIM, VIC, VTF, VTJ, VTN, VTP, VMO, VKA, VAP and VKL each held eight meetings. During the last fiscal year, each of the Trustees of such Funds attended at least 75% of the meetings of the respective Board of Trustees during the period he has been a Trustee and all committee meetings thereof of which such Trustee was a member. During the fiscal year ended October 31, 1995, the Board of Trustees of such Funds had no standing committees with the exception of an audit committee. During the fiscal year ended August 31, 1995, the Board of Trustees of VKQ, VQC, VFM, VOQ, VNM and VPQ each held eight meetings. During the last fiscal year, each of the Trustees of such Funds attended at least 75% of the meetings of the respective Board of Trustees during the period he has been a Trustee and all 13 22 committee meetings thereof of which such Trustee was a member. During the fiscal year ended August 31, 1995, the Board of Trustees of such Funds had no standing committees with the exception of an audit committee. During the fiscal year ended June 30, 1995, the Board of Trustees of VMT and VKC each held seven meetings. During the last fiscal year, each of the Trustees of such Funds attended at least 75% of the meetings of the respective Board of Trustees during the period he has been a Trustee and all committee meetings thereof of which such Trustee was a member. During the fiscal year ended June 30, 1995, the Board of Trustees of such Funds had no standing committees with the exception of an audit committee. During the fiscal year ended December 31, 1995, the Board of Trustees of VLT and VIT each held seven meetings. During the last fiscal year, each of the Trustees of such Funds during the period he has been a Trustee attended at least 75% of the meetings of the respective Board of Trustees and all committees thereof of which such Trustee was a member. During the fiscal year ended December 31, 1995, the Board of Trustees of such Funds had no standing committees with the exception of an audit committee. For the fiscal year of each Fund ended in 1995, the audit committee of each Fund consisted of Messrs. Arch, Dammeyer, Kerr, Myers and Sonnenschein. The committee is primarily responsible for supervision of the Funds' independent auditors and the annual review of the investment advisory agreement and any other matters requiring the approval of the Trustees who are not "interested persons" of the Funds pursuant to the 1940 Act. For the fiscal year of each fund ended in 1995, the audit committee of each Fund held two meetings. The compensation of Trustees who are affiliated persons (as defined in the 1940 Act) of the Adviser, Van Kampen American Capital Distributors, Inc. or Van Kampen American Capital, Inc. is paid by the respective entity. Each of the Funds pays compensation to all other Trustees. During each Fund's fiscal year ended in 1995, each Fund paid Trustees who are not affiliated persons of the Adviser, Van Kampen American Capital Distributors, Inc., or Van Kampen American Capital, Inc. an annual retainer of $2,500 per year, and $250 per meeting of the Board of Trustees, plus expenses. Members of the Audit Committee received $250 for each meeting of such committee. Each Trustee can elect to defer receipt of all or a portion of the Trustee's fees earned by such Trustee until such Trustee's retirement. Amounts deferred are retained by the Funds and earn a rate of return determined by reference to the return on the respective Fund's Common Shares or the return on the Common Shares of other Funds in the Fund Complex (as defined below) as selected by the Trustee. To the extent permitted by the 1940 Act, each Fund may invest in securities of other Funds in order to match the deferred compensation obligations. The deferred compensation plan is not funded and obligations thereunder represent general unsecured claims against the general assets of each respective Fund. 14 23 Under each Fund's retirement plan, Trustees who are not affiliated with the Adviser, Van Kampen American Capital Distributors, Inc. or Van Kampen American Capital, Inc., have at least ten years of service and retire at or after attaining the age of 60 are eligible to receive a retirement benefit for each of the ten years following such Trustee's retirement, which benefit is equal to $2,500 per year. Under certain conditions, reduced benefits are available for early retirement, provided the Trustee has served at least five years. 1995 COMPENSATION TABLE
TOTAL COMPENSATION AGGREGATE PENSION OR BEFORE COMPENSATION RETIREMENT ESTIMATED DEFERRAL BEFORE BENEFITS ACCRUED ANNUAL FROM THE FUND DEFERRAL PER FUND BENEFITS COMPLEX PAID FROM EACH AS PART OF FUND PER FUND UPON TO NAME(1) FUND EXPENSES RETIREMENT(4) TRUSTEES(5) - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ------------------------ ------------ ---------------- ------------- ------------- David C. Arch (2) (3) $2,500 $ 144,625 Rod Dammeyer (2) (3) $2,500 $ 144,625 Howard J Kerr (2) (3) $2,500 $ 144,625 Theodore A. Myers (2) (3) $2,500 $ 144,625 Hugo F. Sonnenschein (2) (3) $2,500 $ 144,625 Wayne W. Whalen (2) (3) $2,500 $ 144,125
--------------- (1) Messrs. Powell and McDonnell, Trustees of each Fund during all or a portion of its 1995 fiscal year, are affiliated persons of the Adviser and are not eligible for compensation or retirement benefits from the Funds. (2) The Aggregate Compensation before Deferral from each Fund during its 1995 fiscal year was $3,765 for each of Messrs. Arch, Dammeyer, Myers, Kerr and Sonnenschein. The Aggregate Compensation before Deferral from each Fund during its 1995 fiscal year was $3,750 for Mr. Whalen. Messrs. Dammeyer, Kerr, Sonnenschein and Whalen deferred all of their 1995 Aggregate Compensation from each Fund. Messrs. Arch and Myers did not defer their 1995 Aggregate Compensation. Such deferred amounts are retained by the Fund and earn a rate of return determined by reference to the return on the respective Fund's Common Shares or the return on the Common Shares of other Funds in the Fund Complex as selected by the Trustee. The total amounts of deferred compensation (including interest) from each Fund at the end of its last fiscal year is shown in Appendix B. The deferred compensation plan is discussed above the 1995 Compensation Table. (3) The Retirement Benefits accrued by each Fund during its 1995 fiscal year are shown in Appendix C. The retirement plan is described above the 1995 Compensation Table. (4) This is the estimated maximum annual benefits payable per year per Fund for the 10-year period commencing in the year of such Trustee's retirement from such Fund assuming: the Trustee has 10 or more years of service on the Board of the Fund and retires at or after attaining the age of 60. Trustees retiring prior to the age of 60 or with fewer than 10 years of service for the Fund may receive reduced retirement benefits from such Fund. The retirement plan is described above the 1995 Compensation Table. 15 24 (5) The amounts shown in this column are accumulated from the Aggregate Compensation Before Deferral of each of 36 investment companies advised by the Adviser that have the same members on each funds' Board of Trustees as of December 31, 1995 (the "Fund Complex"). Certain Trustees deferred all or a portion of their Aggregate Compensation from the Fund Complex during the calendar year ended December 31, 1995 as follows: Mr. Dammeyer, $128,000; Mr. Kerr, $128,000; Mr. Sonnenschein, $128,000; and Mr. Whalen, $127,500. Amounts deferred are retained by the Funds and earn a rate of return determined by reference to the return on the respective Fund's Common Shares or the return on the Common Shares of other Funds in the Fund Complex as selected by the Trustee. The deferred compensation plan is discussed above the 1995 Compensation Table. The cumulative deferred compensation (including interest) accrued with respect to each Trustee as of December 31, 1995 is as follows: Mr. Dammeyer, $138,935; Mr. Kerr, $134,992; Mr. Sonnenschein, $160,309; and Mr. Whalen, $130,380. The Adviser and its affiliates also serve as investment adviser for other investment companies; however, with the exception of Messrs. Powell, McDonnell and Whalen, the Trustees are not trustees of such investment companies. Combining the Fund Complex with the other investment companies advised by the Adviser and its affiliates, Mr. Whalen received Aggregate Compensation of $268,857 during the calendar year ended December 31, 1995. The following sets forth the names, addresses, ages, principal occupations and other information regarding the principal executive officers of each of the Funds (other than information concerning Messrs. Powell and McDonnell, which is set forth above). The officers of each Fund serve for one year or until their respective successors are chosen and qualified. Each Fund's officers receive no compensation from each respective Fund but are also officers of the Adviser, Van Kampen American Capital Distributors, Inc., Van Kampen American Capital, Inc. and/or VK/AC Holding, Inc., and receive compensation in such capacities. Unless otherwise specified, the address of each of the following persons is One Parkview Plaza, Oakbrook Terrace, Illinois 60181 and each person has been an officer of each Fund since each Fund's commencement of investment operations.
OTHER PRINCIPAL OCCUPATIONS NAME, OFFICE AND AGE IN PAST 5 YEARS - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------- ------------------------------------------- Peter W. Hegel.............. Executive Vice President and Portfolio Vice President Manager of the Adviser. Executive Vice Age: 39 President of Van Kampen American Capital Asset Management, Inc. (the "AC Adviser"), Van Kampen American Capital Advisors, Inc. Director of McCarthy, Crisanti & Maffei, Inc. and McCarthy, Crisanti & Maffei Acquisition Corporation. Vice President of other investment companies advised by the Adviser and its affiliates.
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OTHER PRINCIPAL OCCUPATIONS NAME, OFFICE AND AGE IN PAST 5 YEARS - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------- ------------------------------------------- Ronald A. Nyberg............ Executive Vice President, General Counsel Vice President and and Secretary of Van Kampen American Secretary Capital, Inc. and VK/AC Holding, Inc. Age: 42 Executive Vice President, General Counsel and a Director of the Van Kampen American Capital Distributors, Inc., Executive Vice President and General Counsel of the Adviser and the AC Adviser, Van Kampen American Capital Management, Inc., VSM Inc., VCJ, Inc., Van Kampen American Capital Equity Advisors Corp., and Van Kampen American Capital Equity Holdings Corp. Executive Vice President, General Counsel and Assistant Secretary of Van Kampen American Capital Advisors, Inc., American Capital Contactual Services, Inc., Van Kampen American Capital Exchange Corporation, ACCESS Investor Services, Inc., American Capital Shareholders Corporation, and Van Kampen American Capital Trust Company. General Counsel of McCarthy, Crisanti & Maffei, Inc. and McCarthy, Crisanti & Maffei Acquisition Corp. Secretary of other investment companies advised by the Adviser and its affiliates. Director of ICI Mutual Insurance Co., a provider of insurance to members of the Investment Company Institute. Edward C. Wood III.......... Senior Vice President of the Adviser and Vice President, Treasurer the AC Adviser. Vice President, Treasurer and Chief Financial and Chief Financial Officer of other Officer investment companies advised by the Adviser Age: 40 and its affiliates. Nicholas Dalmaso............ Assistant Vice President and Senior Assistant Secretary Attorney of Van Kampen American Capital. Age: 31 Assistant Vice President and Assistant Secretary of the Distributor, Inc., the Adviser, the AC Adviser, and Van Kampen American Capital Management, Inc. Assistant Vice President of Van Kampen American Capital Advisors, Inc. Assistant Secretary of other investment companies advised by the Adviser and its affiliates. Prior to May 1992, attorney for Cantwell & Cantwell, a Chicago law firm.
17 26
OTHER PRINCIPAL OCCUPATIONS NAME, OFFICE AND AGE IN PAST 5 YEARS - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------- ------------------------------------------- Scott E. Martin............. Senior Vice President, Deputy General Assistant Secretary Counsel and Assistant Secretary of, VK/AC Age: 39 Holding, Van Kampen American Capital, Inc. Senior Vice President, Deputy General Counsel and Secretary of the Adviser, the AC Adviser, Van Kampen American Capital Distributors, Inc. Van Kampen American Capital Management, Inc., Van Kampen American Capital Advisors, Inc., VSM Inc., VCJ Inc., American Capital Contractual Services, Inc., Van Kampen American Capital Exchange Corporation, Access Investor Services, Inc., Van Kampen American Capital Equity Advisors Corp., Van Kampen American Capital Equity Holdings Corp., American Capital Shareholders Corporation. Secretary and Deputy General Counsel of McCarthy, Crisanti & Maffei, Inc. and McCarthy, Crisanti & Maffei Acquisition. Chief Legal Officer of McCarthy, Crisanti & Maffei, S.A. Assistant Secretary of other investment companies advised by the Adviser and its affiliates each of the open-end and closed-end investment companies advised by the Adviser. Weston B. Wetherell......... Vice President, Associate General Counsel Assistant Secretary and Assistant Secretary of Van Kampen Age: 39 American Capital, Inc. the Adviser, the AC Adviser, Van Kampen American Capital Distributors, Inc. Van Kampen American Capital Management, Inc., and Van Kampen American Capital Advisors, Inc. Assistant Secretary of other investment companies advised by the Adviser and its affiliates. John L. Sullivan............ First Vice President of the Adviser and AC Controller Adviser. Treasurer and/or Controller of Age: 40 other investment companies advised by the Adviser and its affiliates. Steven M. Hill.............. Assistant Vice President of the Adviser and Assistant Treasurer the AC Adviser. Assistant Treasurer of Age: 31 other investment companies advised by the Adviser and its affiliates each of the open-end and closed-end investment companies advised by the Adviser.
--------------- With respect to each Fund, as of March 22, 1996, all Trustees and officers as a group owned less than 1% of the outstanding Common Shares and outstanding Preferred Shares of each of such Funds. Section 30(f) of the 1940 Act and 18 27 Section 16(a) of the Securities Exchange Act of 1934, as amended, require each of the Funds' Trustees, officers, investment adviser, affiliated persons of the investment adviser and persons who own more than 10% of a registered class of the Fund's equity securities to file forms with the Securities and Exchange Commission (the "SEC") and the New York Stock Exchange or American Stock Exchange, if applicable, reporting their affiliation with the Fund and reports of ownership and changes in ownership of Fund Shares. These persons and entities are required by SEC regulation to furnish the Fund with copies of all such forms they file. Based on a review of these forms furnished to each Fund, such Fund believes that during the last fiscal year for each Fund, the Fund's Trustees, officers, investment adviser and affiliated persons of the investment adviser complied with the applicable filing requirements except for the following: the sale of shares of VMT and VIG by Van Kampen American Capital Distributors, Inc. was inadvertently reported approximately one month late. To the knowledge of management of each Fund, no Shareholder of any of the Funds owns more than 10% of a registered class of any Fund's equity securities. SHAREHOLDER APPROVAL With respect to each of the Funds, Common Shareholders and Preferred Shareholders, each voting as a separate class, will vote on the respective nominees for Trustees. The affirmative vote of a plurality of the Common Shares present in person or by proxy is required to elect the nominee(s) for Trustee designated to be elected by the Common Shares, and the affirmative vote of a plurality of the Preferred Shares present in person or by proxy is required to elect the nominee(s) designated to be elected by the Preferred Shares. THE BOARDS OF TRUSTEES RECOMMEND A VOTE "FOR" EACH OF THE NOMINEES. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ------------------------------------------------------------------------------ PROPOSAL 2: RATIFICATION OF INDEPENDENT AUDITORS - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ------------------------------------------------------------------------------ The Board of Trustees of each Fund, including a majority of the Trustees who are not "interested persons" of each Fund (as defined by the 1940 Act), has selected the firm of KPMG Peat Marwick LLP, independent auditors, to examine the financial statements for the fiscal year of each Fund ending in 1996. Each Fund knows of no direct or indirect financial interest of such firm in such Fund. Such appointment is subject to ratification or rejection by the Shareholders of each Fund, with the Shareholders of each Fund voting as a single class. Unless a contrary specification is made, the accompanying proxy will be voted in favor of ratifying the selection of such accountants for each Fund. It is anticipated that KPMG Peat Marwick LLP will also act as independent auditors for Van Kampen American Capital, Inc., Van Kampen American Capital Distributors, Inc., VK/AC Holding, Inc. and the Adviser. Representatives of KPMG Peat Marwick LLP are expected to be present at the Meeting and will be available to respond to questions from Shareholders and will have the opportunity to make a statement if they so desire. 19 28 SHAREHOLDER APPROVAL The Shareholders of each Fund, voting with respect to each Fund as a single class, are entitled to vote on this proposal. The affirmative vote of a majority of the Shares present in person or by proxy is required to ratify the selection of the independent public accountants. THE BOARDS OF TRUSTEES RECOMMEND A VOTE "FOR" RATIFICATION OF THIS PROPOSAL. PROXY SOLICITATION EXPENSES The expenses of preparing, printing and mailing the enclosed form of proxy, accompanying Notice of Joint Meeting of Shareholders and this Proxy Statement and all other costs in connection with the solicitation of proxies will be borne by the Funds. The total amount of these expenses will be allocated among each of the Funds based upon the total number of shareholders for each Fund in relation to the total number of shareholders for all of the Funds participating in the Meeting. The Funds will also reimburse banks, brokers and others for their reasonable expenses in forwarding proxy solicitation material to the beneficial owners of the Shares of the Funds. In order to obtain the necessary quorum at the Meeting, additional solicitation may be made by mail, telephone, telegraph or personal interview by representatives of each Fund, the Adviser, Van Kampen American Capital, Inc., VK/AC Holding, Inc. or by dealers or their representatives. REPORTS TO SHAREHOLDERS AND FINANCIAL STATEMENTS THE ANNUAL REPORT TO SHAREHOLDERS OF EACH FUND, WHICH INCLUDES AUDITED FINANCIAL STATEMENTS OF SUCH FUND AS OF ITS 1995 FISCAL YEAR END, HAVE PREVIOUSLY BEEN MAILED TO SHAREHOLDERS. WHERE APPLICABLE, THE SEMI-ANNUAL REPORT TO SHAREHOLDERS OF EACH FUND, WHICH INCLUDES UNAUDITED FINANCIAL STATEMENTS OF SUCH FUND FOR THE SIX-MONTH PERIOD SUBSEQUENT TO SUCH FUND'S 1995 FISCAL YEAR END, HAVE PREVIOUSLY BEEN MAILED TO SHAREHOLDERS. EACH FUND WILL FURNISH, WITHOUT CHARGE, COPIES OF ITS ANNUAL REPORT AND ITS SUBSEQUENT SEMI-ANNUAL REPORT (WHERE APPLICABLE) BY CALLING (800) 341-2929 OR BY WRITING TO THE FUND, ONE PARKVIEW PLAZA, OAKBROOK TERRACE, ILLINOIS 60181. SHAREHOLDER PROPOSALS To be considered for presentation at the Annual Meeting of Shareholders to be held in 1997, a shareholder proposal must be received at the offices of the relevant Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, not later than January 31, 1997. Timely submission of a proposal by a Shareholder of any of the Funds does not guarantee that such proposal will be presented at that Fund's next Annual Meeting of Shareholders. 20 29 GENERAL Management of each Fund does not intend to present and does not have reason to believe that others will present any other items of business at the Meeting. However, if other matters are properly presented to the Meeting for a vote, the proxies will be voted upon such matters in accordance with the judgment of the persons acting under the proxies. A list of Shareholders of each Fund entitled to be present and vote at the Meeting will be available at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, for inspection by any Shareholder during regular business hours for ten days prior to the date of the Meeting. Failure of a quorum to be present at the Meeting will necessitate adjournment. IF YOU CANNOT BE PRESENT IN PERSON, YOU ARE REQUESTED TO FILL IN, SIGN AND RETURN THE ENCLOSED PROXY PROMPTLY. NO POSTAGE IS REQUIRED IF MAILED IN THE UNITED STATES. RONALD A. NYBERG, Vice President and Secretary April 5, 1996 21 30 APPENDIX A TRUSTEE OWNERSHIP OF COMMON SHARES OF THE FUNDS AS OF MARCH 22, 1996
ARCH DAMMEYER MCDONNELL MYERS WHALEN ---- -------- --------- ------ ------ VIG................... 524 -- 698 -- 500 VKV................... -- -- 114 -- -- VKS................... 500 10,291 351 -- -- VOT................... -- 16,315 323 -- -- VKI................... 500 25,000 319 -- -- VGM................... 300 104,352 229 20,000 500 VIM................... 300 10,849 379 -- 500 VMO................... 300 -- 342 -- 500 VKA................... 300 18,168 228 21,000 500 VKQ................... 800 27,307 764 -- 500 VMT................... 577 124,553 1,674 100 500 VLT................... 550 6,928 6,648 50,486 333 VIT................... 676 17,845 3,000 -- 10,699 VKL................... 508 -- 300 -- --
31 APPENDIX B 1995 TOTAL DEFERRED COMPENSATION (INCLUDING INTEREST) FROM EACH FUND
DAMMEYER KERR SONNENSCHEIN WHALEN -------- ------ ------------ ------ VIG.......... $4,090 $3,984 $4,799 $3,850 VKV.......... 4,090 3,984 4,799 3,850 VCV.......... 4,090 3,984 4,799 3,850 VMV.......... 4,090 3,984 4,799 3,850 VJV.......... 4,090 3,984 4,799 3,850 VNV.......... 4,090 3,984 4,799 3,850 VOV.......... 4,090 3,984 4,799 3,850 VPV.......... 4,090 3,984 4,799 3,850 VKS.......... 4,090 3,984 4,799 3,850 VOT.......... 4,090 3,984 4,799 3,850 VKI.......... 4,090 3,984 4,799 3,850 VOF.......... 4,090 3,984 4,799 3,850 VGM.......... 4,090 3,984 4,799 3,850 VIM.......... 4,090 3,984 4,799 3,850 VIC.......... 4,090 3,984 4,799 3,850 VTF.......... 4,090 3,984 4,799 3,850 VTJ.......... 4,090 3,984 4,799 3,850 VTN.......... 4,090 3,984 4,799 3,850 VTP.......... 4,090 3,984 4,799 3,850 VMO.......... 4,090 3,984 4,799 3,850 VKA.......... 4,090 3,984 4,799 3,850 VAP.......... 4,090 3,984 4,799 3,850 VKQ.......... 4,074 3,929 4,544 3,803 VQC.......... 4,074 3,929 4,544 3,803 VFM.......... 4,074 3,929 4,544 3,803 VOQ.......... 4,074 3,929 4,544 3,803 VNM.......... 4,074 3,929 4,544 3,803 VPQ.......... 4,074 3,929 4,544 3,803 VMT.......... 4,062 3,877 4,399 3,769 VKC.......... 4,062 3,877 4,399 3,769 VLT.......... 4,126 4,068 4,744 3,857 VIT.......... 4,126 4,068 4,744 3,857 VKL.......... 4,090 3,984 4,799 3,850
32 APPENDIX C 1995 RETIREMENT BENEFITS ACCRUED PER FUND
ARCH DAMMEYER MYERS KERR SONNENSCHEIN WHALEN ---- -------- ----- ----- ------------ ------ VIG........... 287 554 2,232 1,074 456 634 VKV........... 247 470 1,242 1,039 448 584 VCV........... 247 470 1,242 1,039 448 584 VMV........... 247 470 1,242 1,039 448 584 VJV........... 247 470 1,242 1,039 448 584 VNV........... 247 470 1,242 1,039 448 584 VOV........... 247 470 1,242 1,039 448 584 VPV........... 247 470 1,242 1,039 448 584 VKS........... 252 480 1,267 1,060 453 556 VOT........... 222 449 1,115 1,026 449 524 VKI........... 222 449 1,115 1,026 449 524 VOF........... 222 449 1,115 1,026 449 524 VGM........... 269 506 1,544 1,066 455 583 VIM........... 269 506 1,544 1,066 455 583 VIC........... 262 491 1,378 1,043 449 605 VTF........... 262 491 1,378 1,043 449 605 VTJ........... 262 491 1,378 1,043 449 605 VTN........... 262 491 1,378 1,043 449 605 VTP........... 262 491 1,378 1,043 449 605 VMO........... 262 491 1,378 1,043 449 605 VKA........... 240 480 1,267 1,060 453 556 VAP........... 240 480 1,267 1,060 453 556 VKQ........... 283 544 1,611 1,123 428 626 VQC........... 283 544 1,611 1,123 428 626 VFM........... 283 544 1,611 1,123 428 626 VOQ........... 283 544 1,611 1,123 428 626 VNM........... 283 544 1,611 1,123 428 626 VPQ........... 283 544 1,611 1,123 428 626 VMT........... 300 558 2,468 1,029 389 635 VKC........... 300 558 2,468 1,029 389 635 VLT........... 303 556 2,361 1,059 453 671 VIT........... 303 556 2,361 1,059 453 671 VKL........... 222 449 1,115 1,026 449 524
33 FUNDS DISTRIBUTED BY VAN KAMPEN AMERICAN CAPITAL GLOBAL AND INTERNATIONAL Global Equity Fund Global Government Securities Fund Global Managed Assets Fund Short-Term Global Income Fund Strategic Income Fund EQUITY Growth Emerging Growth Fund Enterprise Fund Pace Fund Growth & Income Balanced Fund Comstock Fund Equity Income Fund Growth and Income Fund Harbor Fund Real Estate Securities Fund Utility Fund FIXED INCOME Corporate Bond Fund Government Securities Fund High Income Corporate Bond Fund High Yield Fund Limited Maturity Government Fund Prime Rate Income Trust Reserve Fund U.S. Government Fund U.S. Government Trust for Income TAX-FREE California Insured Tax Free Fund Florida Insured Tax Free Income Fund High Yield Municipal Fund Insured Tax Free Income Fund Limited Term Municipal Income Fund Municipal Income Fund New Jersey Tax Free Income Fund New York Tax Free Income Fund Pennsylvania Tax Free Income Fund Tax Free High Income Fund Tax Free Money Fund Texas Tax Free Income Fund THE GOVETT FUNDS Emerging Markets Fund Global Income Fund International Equity Fund Latin America Fund Pacific Strategy Fund Smaller Companies Fund Ask your investment adviser for a prospectus containing more complete information, including sales charges and expenses. Please read it carefully before you invest or send money. Or call us direct at 1-800-421-5666 weekdays from 7:00 a.m. to 7:00 p.m. Central time. 34 [VKAC LOGO] 35 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY INVESTMENT GRADE MUNICIPAL TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL INVESTMENT GRADE MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class III Trustees the nominees named below: DON G. POWELL, HUGO F. SONNENSCHEIN To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and Date date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL INVESTMENT GRADE MUNICIPAL TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
36 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL INVESTMENT GRADE MUNICIPAL TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL INVESTMENT GRADE MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. GRANTING / / WITHHOLDING / / authority to vote for the election as Class III Trustee the nominee named below: Theodore A. Myers 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 37 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class III Trustees the nominees named below: DON G. POWELL, HUGO F. SONNENSCHEIN To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and Date date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL VALUE MUNICIPAL INCOME TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
38 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. GRANTING / / WITHHOLDING / / authority to vote for the election as Class III Trustee the nominee named below: Theodore A. Myers 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 39 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY CALIFORNIA VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL CALIFORNIA VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class III Trustees the nominees named below: DON G. POWELL, HUGO F. SONNENSCHEIN To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and Date date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL CALIFORNIA VALUE MUNICIPAL INCOME TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
40 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL CALIFORNIA VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL CALIFORNIA VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. GRANTING / / WITHHOLDING / / authority to vote for the election as Class III Trustee the nominee named below: Theodore A. Myers 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 41 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY MASSACHUSETTS VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL MASSACHUSETTS VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class III Trustees the nominees named below: DON G. POWELL, HUGO F. SONNENSCHEIN To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and Date date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL MASSACHUSETTS VALUE MUNICIPAL INCOME TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
42 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL MASSACHUSETTS VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL MASSACHUSETTS VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. GRANTING / / WITHHOLDING / / authority to vote for the election as Class III Trustee the nominee named below: Theodore A. Myers 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 43 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY NEW JERSEY VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL NEW JERSEY VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class III Trustees the nominees named below: DON G. POWELL, HUGO F. SONNENSCHEIN To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and Date date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL NEW JERSEY VALUE MUNICIPAL INCOME TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
44 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL NEW JERSEY VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL NEW JERSEY VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. GRANTING / / WITHHOLDING / / authority to vote for the election as Class III Trustee the nominee named below: Theodore A. Myers 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 45 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY NEW YORK VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL NEW YORK VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class III Trustees the nominees named below: DON G. POWELL, HUGO F. SONNENSCHEIN To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and Date date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL NEW YORK VALUE MUNICIPAL INCOME TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
46 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL NEW YORK VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL NEW YORK VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. GRANTING / / WITHHOLDING / / authority to vote for the election as Class III Trustee the nominee named below: Theodore A. Myers 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 47 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY OHIO VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL OHIO VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class III Trustees the nominees named below: DON G. POWELL, HUGO F. SONNENSCHEIN To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and Date date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL OHIO VALUE MUNICIPAL INCOME TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
48 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL OHIO VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL OHIO VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. GRANTING / / WITHHOLDING / / authority to vote for the election as Class III Trustee the nominee named below: Theodore A. Myers 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 49 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Pennsylvania trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class III Trustees the nominees named below: DON G. POWELL, HUGO F. SONNENSCHEIN To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and Date date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
50 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA VALUE MUNICIPAL INCOME TRUST (the "Fund"), a Pennsylvania trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. GRANTING / / WITHHOLDING / / authority to vote for the election as Class III Trustee the nominee named below: Theodore A. Myers 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 51 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY STRATEGIC SECTOR MUNICIPAL TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL STRATEGIC SECTOR MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class III Trustees the nominees named below: DON G. POWELL, HUGO F. SONNENSCHEIN To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and Date date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL STRATEGIC SECTOR MUNICIPAL TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
52 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL STRATEGIC SECTOR MUNICIPAL TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL STRATEGIC SECTOR MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. GRANTING / / WITHHOLDING / / authority to vote for the election as Class III Trustee the nominee named below: Theodore A. Myers 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 53 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY MUNICIPAL OPPORTUNITY TRUST II MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST II (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class III Trustees the nominees named below: DON G. POWELL, HUGO F. SONNENSCHEIN To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and Date date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST II Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
54 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST II MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST II (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. GRANTING / / WITHHOLDING / / authority to vote for the election as Class III Trustee the nominee named below: Theodore A. Myers 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 55 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY ADVANTAGE MUNICIPAL INCOME TRUST II MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST II (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class III Trustees the nominees named below: DON G. POWELL, HUGO F. SONNENSCHEIN To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and Date date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST II Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
56 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST II MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST II (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. GRANTING / / WITHHOLDING / / authority to vote for the election as Class III Trustee the nominee named below: Theodore A. Myers 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 57 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY FLORIDA MUNICIPAL OPPORTUNITY TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL FLORIDA MUNICIPAL OPPORTUNITY TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class III Trustees the nominees named below: DON G. POWELL, HUGO F. SONNENSCHEIN To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and Date date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL FLORIDA MUNICIPAL OPPORTUNITY TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
58 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL FLORIDA MUNICIPAL OPPORTUNITY TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL FLORIDA MUNICIPAL OPPORTUNITY TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. GRANTING / / WITHHOLDING / / authority to vote for the election as Class III Trustee the nominee named below: Theodore A. Myers 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 59 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY TRUST FOR INVESTMENT GRADE MUNICIPALS MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE MUNICIPALS (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE MUNICIPALS Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
60 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE MUNICIPALS MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE MUNICIPALS (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 61 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY TRUST FOR INSURED MUNICIPALS MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INSURED MUNICIPALS (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL TRUST FOR INSURED MUNICIPALS Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
62 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL TRUST FOR INSURED MUNICIPALS MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INSURED MUNICIPALS (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 63 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY TRUST FOR INVESTMENT GRADE CALIFORNIA MUNICIPALS MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE CALIFORNIA MUNICIPALS (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE CALIFORNIA MUNICIPALS Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
64 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE CALIFORNIA MUNICIPALS MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE CALIFORNIA MUNICIPALS (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 65 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY TRUST FOR INVESTMENT GRADE FLORIDA MUNICIPALS MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE FLORIDA MUNICIPALS (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE FLORIDA MUNICIPALS Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
66 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE FLORIDA MUNICIPALS MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE FLORIDA MUNICIPALS (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 67 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY TRUST FOR INVESTMENT GRADE NEW JERSEY MUNICIPALS MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW JERSEY MUNICIPALS (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW JERSEY MUNICIPALS Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
68 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW JERSEY MUNICIPALS MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW JERSEY MUNICIPALS (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 69 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY TRUST FOR INVESTMENT GRADE NEW YORK MUNICIPALS MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW YORK MUNICIPALS (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW YORK MUNICIPALS Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
70 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW YORK MUNICIPALS MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE NEW YORK MUNICIPALS (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 71 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY TRUST FOR INVESTMENT GRADE PENNSYLVANIA MUNICIPALS MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE PENNSYLVANIA MUNICIPALS (the "Fund"), a Pennsylvania trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE PENNSYLVANIA MUNICIPALS Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
72 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE PENNSYLVANIA MUNICIPALS MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL TRUST FOR INVESTMENT GRADE PENNSYLVANIA MUNICIPALS (the "Fund"), a Pennsylvania trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 73 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY MUNICIPAL OPPORTUNITY TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
74 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL MUNICIPAL OPPORTUNITY TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 75 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY ADVANTAGE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
76 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL ADVANTAGE MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 77 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY ADVANTAGE PENNSYLVANIA MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL ADVANTAGE PENNSYLVANIA MUNICIPAL INCOME TRUST (the "Fund"), a Pennsylvania trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL ADVANTAGE PENNSYLVANIA MUNICIPAL INCOME TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
78 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL ADVANTAGE PENNSYLVANIA MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL ADVANTAGE PENNSYLVANIA MUNICIPAL INCOME TRUST (the "Fund"), a Pennsylvania trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 79 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY MUNICIPAL TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending August 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL MUNICIPAL TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
80 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL MUNICIPAL TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending August 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 81 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY CALIFORNIA QUALITY MUNICIPAL TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL CALIFORNIA QUALITY MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending August 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL CALIFORNIA QUALITY MUNICIPAL TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
82 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL CALIFORNIA QUALITY MUNICIPAL TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL CALIFORNIA QUALITY MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending August 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 83 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY FLORIDA QUALITY MUNICIPAL TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL FLORIDA QUALITY MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending August 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL FLORIDA QUALITY MUNICIPAL TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
84 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL FLORIDA QUALITY MUNICIPAL TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL FLORIDA QUALITY MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending August 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 85 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY OHIO QUALITY MUNICIPAL TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL OHIO QUALITY MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending August 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL OHIO QUALITY MUNICIPAL TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
86 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL OHIO QUALITY MUNICIPAL TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL OHIO QUALITY MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending August 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 87 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY NEW YORK QUALITY MUNICIPAL TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL NEW YORK QUALITY MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending August 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL NEW YORK QUALITY MUNICIPAL TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
88 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL NEW YORK QUALITY MUNICIPAL TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL NEW YORK QUALITY MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending August 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 89 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY PENNSYLVANIA QUALITY MUNICIPAL TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA QUALITY MUNICIPAL TRUST (the "Fund"), a Pennsylvania trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending August 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA QUALITY MUNICIPAL TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
90 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA QUALITY MUNICIPAL TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL PENNSYLVANIA QUALITY MUNICIPAL TRUST (the "Fund"), a Pennsylvania trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending August 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 91 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending June 30, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL MUNICIPAL INCOME TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
92 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL MUNICIPAL INCOME TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL MUNICIPAL INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending June 30, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 93 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY CALIFORNIA MUNICIPAL TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL CALIFORNIA MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending June 30, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL CALIFORNIA MUNICIPAL TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
94 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL CALIFORNIA MUNICIPAL TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL CALIFORNIA MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending June 30, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 95 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY LIMITED TERM HIGH INCOME TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL LIMITED TERM HIGH INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending December 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL LIMITED TERM HIGH INCOME TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
96 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL LIMITED TERM HIGH INCOME TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL LIMITED TERM HIGH INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending December 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 97 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY INTERMEDIATE TERM HIGH INCOME TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL INTERMEDIATE TERM HIGH INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR ALL FOR WITHHOLD EXCEPT 1.) Authority to vote for the / / / / / / election as Class I Trustees the nominees named below: DAVID C. ARCH, HOWARD J KERR, DENNIS J. MCDONNELL To withhold authority to vote for any individual nominee, strike a line through the nominee's name and mark the "For All Except" box. Your shares will be voted for the remaining nominee(s). Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending December 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL INTERMEDIATE TERM HIGH INCOME TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
98 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL INTERMEDIATE TERM HIGH INCOME TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL INTERMEDIATE TERM HIGH INCOME TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. Not applicable to the Fund. 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending December 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. 99 PROXY VAN KAMPEN AMERICAN CAPITAL PROXY SELECT SECTOR MUNICIPAL TRUST MEETING OF SHAREHOLDERS TO BE HELD ON MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of common shares of VAN KAMPEN AMERICAN CAPITAL SELECT SECTOR MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181 on May 23, 1996 at 2:00 p.m., and at any and all adjournments thereof (the "Meeting"), and thereat to vote all common shares of the Fund which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. The undersigned hereby acknowledges receipt of the accompanying Notice of Meeting and Proxy Statement for the Meeting to be held on May 23, 1996. PLEASE VOTE, DATE AND SIGN ON OTHER SIDE AND RETURN PROMPTLY IN THE ENCLOSED ENVELOPE. Please sign this proxy exactly as your name appears on the books of the Fund. Joint owners should each sign personally. Trustees and other fiduciaries should indicate the capacity in which they sign, and where more than one name appears, a majority must sign. If a corporation, this signature should be that of an authorized officer who should state his or her title. HAS YOUR ADDRESS CHANGED? DO YOU HAVE ANY COMMENTS? - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ---------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - ---------------------------------------------------- ----------------------------------------------------
/X/ PLEASE MARK VOTES AS IN THIS EXAMPLE
FOR WITHHOLD 1.) Authority to vote for the / / / / election as Class II Trustee the nominee named below: WAYNE W. WHALEN Please be sure to sign and date Date this Proxy. Shareholder sign here Co-owner sign here
FOR AGAINST ABSTAIN 2.) As to the proposal to ratify / / / / / / the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. 3.) Upon any and all other business which may come before the Meeting or any adjournment thereof. VAN KAMPEN AMERICAN CAPITAL SELECT SECTOR MUNICIPAL TRUST Mark box at right if comments or address change have been / / noted on the reverse side of this card. RECORD DATE SHARES:
100 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- PROXY VAN KAMPEN AMERICAN CAPITAL SELECT SECTOR MUNICIPAL TRUST MEETING OF SHAREHOLDERS--MAY 23, 1996 PROXY SOLICITED ON BEHALF OF THE BOARD OF TRUSTEES The undersigned holder of preferred shares of VAN KAMPEN AMERICAN CAPITAL SELECT SECTOR MUNICIPAL TRUST (the "Fund"), a Massachusetts business trust, hereby appoints Ronald A. Nyberg and Edward C. Wood III, and each of them, with full power of substitution and revocation, as proxies to represent the undersigned at the Meeting of Shareholders to be held at the offices of the Fund, One Parkview Plaza, Oakbrook Terrace, Illinois 60181, on May 23, 1996, at 2:00 p.m. and at any and all adjournments thereof (the "Meeting"), and thereat to vote all preferred shares which the undersigned would be entitled to vote, with all powers the undersigned would possess if personally present, in accordance with the following instructions: 1. GRANTING / / WITHHOLDING / / authority to vote for the election as Class II Trustee for the nominee named below: Rod Dammeyer 2. FOR / / AGAINST / / ABSTAIN / / as to the proposal to ratify the selection of KPMG Peat Marwick LLP to act as the independent auditors of the Fund for the fiscal year ending October 31, 1996. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -------------------------------------------------------------------------------- (Continued from other side) Account Number No. of Shares Proxy No. 3. Upon any and all other business which may come before the Meeting or any adjournment thereof. If more than one of the proxies, or their substitutes, are present at the Meeting or any adjournment thereof, they jointly (or, if only one is present and voting, then that one) shall have authority and may exercise all powers granted hereby. This Proxy, when properly executed, will be voted in accordance with the instructions marked hereon by the undersigned. IF NO SPECIFICATION IS MADE, THIS PROXY WILL BE VOTED FOR EACH OF THE PROPOSALS DESCRIBED ABOVE AND IN THE DISCRETION OF THE PROXIES UPON SUCH OTHER BUSINESS AS MAY PROPERLY COME BEFORE THE MEETING. THE UNDERSIGNED HEREBY ACKNOWLEDGES RECEIPT OF THE ACCOMPANYING NOTICE OF MEETING AND PROXY STATEMENT FOR THE MEETING TO BE HELD ON MAY 23, 1996. DATED: , 19 ---------------------------- ---------------------------- SIGNATURE(S) PLEASE SIGN EXACTLY AS YOUR NAME OR NAMES APPEAR ON THIS PROXY. WHEN SIGNING AS ATTORNEY, TRUSTEE, EXECUTOR, ADMINISTRATOR, CUSTODIAN, GUARDIAN OR CORPORATE OFFICER, PLEASE GIVE FULL TITLE. IF SHARES ARE HELD JOINTLY, EACH HOLDER SHOULD SIGN. -----END PRIVACY-ENHANCED MESSAGE-----