-----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, LvdEqZD8AzvGIkG5dg2iCY6yReojsYR96Eg/YtCFHZP0XlU38oLLjinwuocbjWFj 2SdmmZnWnTDPXLs3qMfgnQ== 0000950137-06-003273.txt : 20060320 0000950137-06-003273.hdr.sgml : 20060320 20060320132422 ACCESSION NUMBER: 0000950137-06-003273 CONFORMED SUBMISSION TYPE: N-8F PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060320 DATE AS OF CHANGE: 20060320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VAN KAMPEN HIGH INCOME TRUST CENTRAL INDEX KEY: 0000843506 IRS NUMBER: 363616859 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-8F SEC ACT: 1940 Act SEC FILE NUMBER: 811-05707 FILM NUMBER: 06698140 BUSINESS ADDRESS: STREET 1: VAN KAMPEN INVESTMENTS INC. STREET 2: 1221 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 2127625441 MAIL ADDRESS: STREET 1: VAN KAMPEN INVESTMENTS INC. STREET 2: 1221 AVENUE OF THE AMERICAS CITY: NEW YORK STATE: NY ZIP: 10020 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN AMERICAN CAPITAL INTERMEDIATE TERM HIGH INCOME TR DATE OF NAME CHANGE: 19960102 FORMER COMPANY: FORMER CONFORMED NAME: VAN KAMPEN MERRITT INTERMEDIATE TERM HIGH INCOME TRUST DATE OF NAME CHANGE: 19920703 N-8F 1 c02760nv8f.txt APPLICATION FOR DEREGISTRATION FORM N-8F SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Application for Deregistration of Certain Registered Investment Companies I. General Identifying Information 1. Reason fund is applying to deregister (check only one): [X] Merger [ ] Liquidation [ ] Abandonment of Registration (Note: Abandonments of Registration answer only questions 1 through 15, 24 and 25 of this form and complete verification at the end of the form.) [ ] Election of status as a Business Development Company (Note: Business Development Companies answer only questions 1 through 10 of this form and complete verification at the end of the form.) 2. Name of fund: Van Kampen High Income Trust 3. Securities and Exchange Commission File No.: 811-05707 4. Is this an initial Form N-8F or an amendment to a previously filed Form N-8F? [X] Initial Application [ ] Amendment 5. Address of Principal Executive Office (include No. & Street, City, State, Zip Code): 1221 Avenue of the Americas New York, NY 10020 6. Name, address and telephone number of individual the Commission staff should contact with any questions regarding this form: LouAnne D. McInnis, Esq. 1221 Avenue of the Americas New York, NY 10020 (212) 762-5295 7. Name, address and telephone number of individual or entity responsible for maintenance and preservation of fund records in accordance with rules 31a-1 and 31a-2 under the Act 17 CFR 270.31a-1, .31a-2]: Van Kampen Funds Inc. 1 Parkview Plaza Oakbrook Terrace, IL 60181-5555 (630) 684-6000 NOTE: Once deregistered, a fund is still required to maintain and preserve the records described in rules 31a-1 and 31a-2 for the period specified in those rules. 8. Classification of fund (check only one): [X] Management company; [ ] Unit investment trust; or [ ] Face-amount certificate company. 9. Subclassification if the fund is a management company (check only one): [ ] Open-end [X] Closed-end 10. State law under which the fund was organized or formed (e.g., Delaware, Massachusetts): Massachusetts 11. Provide the name and address of each investment adviser of the fund (including sub-advisers) during the last five years, even if the fund's contracts with those advisers have been terminated: Van Kampen Asset Management 1221 Avenue of the Americas New York, NY 10020 12. Provide the name and address of each principal underwriter of the fund during the last five years, even if the fund's contracts with those underwriters have been terminated: N/A 13. If the fund is a unit investment trust ("UIT") provide: N/A (a) Depositor's name(s) and address(es): (b) Trustee's name and address(es): 14. Is there a UIT registered under the Act that served as a vehicle for investment in the fund (e.g., an insurance company separate account)? [ ] Yes [X] No If Yes, for each UIT state: Name(s): File No.: 811-_______ Business Address: 15. (a) Did the fund obtain approval from the board of directors concerning the decision to engage in a Merger, Liquidation or Abandonment of Registration? [X] Yes [ ] No If Yes, state the date on which the board vote took place: February 3, 2005 If No, explain: (b) Did the fund obtain approval from the shareholders concerning the decision to engage in a Merger, Liquidation or Abandonment of Registration? [X] Yes [ ] No If Yes, state the date on which the shareholder vote took place: July 22, 2005 If No, explain: II. DISTRIBUTIONS TO SHAREHOLDERS 16. Has the fund distributed any assets to its shareholders in connection with the Merger or Liquidation? [X] Yes [ ] No (a) If Yes, list the date(s) on which the fund made those distributions: July 29, 2005 (b) Were the distributions made on the basis of net assets? [X] Yes [ ] No (c) Were the distributions made pro rata based on share ownership? [X] Yes [ ] No (d) If No to (b) or (c) above, describe the method of distributions to shareholders. (e) For Mergers, provide the exchange ratio(s) used and explain how it was calculated: The common shares of Van Kampen High Income Trust (the "Target Fund") were converted into common shares of Van Kampen High Income Trust II ("the Acquiring Fund") at a ratio of 0.786581 to 1 for common shares. The exchange ratio was calculated by dividing the 7/29/05 NAV of the Target Fund by the 7/29/05 NAV of the Acquiring Fund. The preferred shares of the Target Fund had a liquidation preference of $100,000 per share and the preferred shares of the Acquiring Fund have a liquidation preference of $25,000 per share, so the preferred shares of the Target Fund were converted into preferred shares of the Acquiring Fund on a 1-for-4 basis. (f) Liquidations only: Were any distributions to shareholders made in kind? [ ] Yes [ ] No If Yes, indicate the percentage of fund shares owned by affiliates, or any other affiliation of shareholders: 17. Closed-end funds only: Has the fund issued senior securities? [X] Yes [ ] No If Yes, describe the method of calculating payments to senior security holders and distributions to other shareholders: 0.786581 to 1 for common shares, 1 to 4 for preferred 18. Has the fund distributed ALL of its assets to the fund's shareholders? Yes [X] No [ ] If No, (a) How many shareholders does the fund have as of the date this form is filed? (b) Describe the relationship of each remaining shareholder to the fund: 19. Are there any shareholders who have not yet received distributions in complete liquidation of their interests? [ ] Yes [X] No If Yes, describe briefly the plans (if any) for distributing to, or preserving the interests of, those shareholders: III. ASSETS AND LIABILITIES 20. Does the fund have any assets as of the date this form is filed? (See question 18 above) [ ] Yes [X] No If Yes, (a) Describe the type and amount of each asset retained by the fund as of the date this form is filed: (b) Why has the fund retained the remaining assets? (c) Will the remaining assets be invested in securities? [ ] Yes [ ] No 21. Does the fund have any outstanding debts (other than face-amount certificates if the fund is a face-amount certificate company) or any other liabilities? [ ] Yes [X] No If Yes, (a) Describe the type and amount of each debt or other liability: (b) How does the fund intend to pay these outstanding debts or other liabilities? IV. INFORMATION ABOUT EVENT(S) LEADING TO REQUEST FOR DEREGISTRATION 22. (a) List the expenses incurred in connection with the Merger or Liquidation: (i) Legal expenses: $120,000 (ii) Accounting expenses: $4,000 (iii) Other expenses (list and identify separately): Typesetting and Printing of Proxy Statement and filing: $47,000 Communications/Mailings: $105,000; NYSE Listing: $48,000; Trustee Pension: $47,000; Moody's Analysis: $10,000 (iv) Total expenses (sum of lines (i)-(iii) above): $381,000 (b) How were those expenses allocated? The expenses were shared by the Target Fund and the Acquiring Fund in proportion to their respective projected annual expense savings as a result of the Merger. The expenses were not borne by the preferred shareholders of either Fund. (c) Who paid those expenses? The registrant, Van Kampen High Income Trust Income Trust ($167,640), and the Acquiring Fund, Van Kampen High Income Trust II ($213,360). (d) How did the fund pay for unamortized expenses (if any)? None. 23. Has the fund previously filed an application for an order of the Commission regarding the Merger or Liquidation? [ ] Yes [X] No If Yes, cite the release numbers of the Commission's notice and order or, if no notice or order has been issued, the file number and date the application was filed: V. CONCLUSION OF FUND BUSINESS 24. Is the fund a party to any litigation or administrative proceeding? [ ] Yes [X] No If Yes, describe the nature of any litigation or proceeding and the position taken by the fund in that litigation: 25. Is the fund now engaged, or intending to engage, in any business activities other than those necessary for winding up its affairs? [ ] Yes [X] No If Yes, describe the nature and extent of those activities: VI. MERGERS ONLY 26. (a) State the name of the fund surviving the Merger: Van Kampen High Income Trust II (c) State the Investment Company Act file number of the fund surviving the Merger: 811-05769 (d) If the merger or reorganization agreement has been filed with the Commission, state the file number(s), form type used and date the agreement was filed: Reorganization Agreement was filed with the Commission on Form N-14 on March 18, 2005, File No. 333-123443. (e) If the merger or reorganization agreement has NOT been filed with the Commission provide a copy of the agreement as an exhibit to this form. VERIFICATION The undersigned states that (i) she has executed this Form N-8F application for an order under section 8(f) of the Investment Company Act of 1940 on behalf of Van Kampen High Income Trust, (ii) she is an Assistant Secretary of Van Kampen High Income Trust, and (iii) all actions by shareholders, directors, trustees and any other body necessary to authorize the undersigned to execute and file this Form N-8F application have been taken. The undersigned also states that the facts set forth in this Form N-8F application are true to the best of her knowledge, information and belief. /s/ LouAnne D. McInnis --------------------- LouAnne D. McInnis -----END PRIVACY-ENHANCED MESSAGE-----