MERRILL LYNCH UTILITIES AND TELECOMUNICATIONS FUND

FILE #811-6180

ATTACHMENT 77O

TRADE DATE	DESCRIPTION OF SECURITY	AMOUNT PURCHASED	ISSUE SIZE	MEMBER OF UNDERWRITING SYNDICATE FROM WHOM FUND PURCHASED
12/6/2005	Axtel	1,000	921,690,000	Credit Suisse First Boston Merrill Lynch
3/20/2006	Infrasource	25,000	13,000,000	LEHMAN BROTHERS MERILL LYNCH & CO. CREDIT SUISSE FIRST ALBANY CAPITAL