EX-99.77C VOTES 3 exhibit.txt The Fund's Annual Stockholders meeting was held on November 27, 2001, at 405 Park Avenue, New York, New York 10022. As of November 1, 2001, the record date, outstanding shares of common stock ("shares") of the Fund were 8,595,573. Holders of 8,024,538 shares of the Fund were present at the meeting either in person or by proxy. These holders, as being holders of a majority of the outstanding shares of the Fund, constituted a quorum. The stockholders voted on three proposals. The stockholders elected four Directors to the Board of Directors, approved the amended and restated Investment Advisory agreement between Acci Worldwide, S.A. de C.V. and the Fund, and adopted a proposal to pursue the creation and registration of put warrants, which are designed to afford stockholders an opportunity to realize net asset value for their shares. The following table provides information concerning the matters voted on at the meeting: I. Election of Directors Nominee For Withheld ------- --- -------- Glenn Goodstein 7,926,145 98,393 Rajeev Das 7,934,582 89,956 Andrew Dakos 7,915,816 108,722 Gerald Hellerman 7,918,078 106,460 II. Approval of the Amended and Restated Investment Advisory Agreement between Acci Worldwide, S.A. de C.V. and the Fund Votes For Votes Against Votes Abstained Broker Non-Votes --------- ------------- --------------- ---------------- 5,701,568 115,671 46,674 2,160,625 III. Adoption of a proposal to pursue the creation and registration of put warrants which are designed to afford stockholders an opportunity to realize net asset value for their shares Votes For Votes Against Votes Abstained Broker Non-Votes --------- ------------- --------------- ---------------- 5,734,315 88,030 41,568 2,160,625