EX-99.77Q2 ITEM 405

For period ending October 31, 2001
	Exhibit 77(Q)(2)

File number 811- 7540


ALL-AMERICAN TERM TRUST INC.
GLOBAL HIGH INCOME DOLLAR FUND INC.
INSURED MUNICIPAL INCOME FUND INC.
INVESTMENT GRADE MUNICIPAL INCOME FUND INC.
MANAGED HIGH YIELD PLUS FUND INC.
STRATEGIC GLOBAL INCOME FUND, INC.
2002 TARGET TERM TRUST INC.

CERTIFICATE OF VICE PRESIDENT AND SECRETARY FOR BOARD
RESOLUTIONS APPROVING BYLAW AMENDMENTS


	I, Amy R. Doberman, Vice President and Secretary of All-
American Term Trust Inc., Global High Income Dollar Fund Inc.,
Insured Municipal Income Fund Inc., Investment Grade Municipal
Income Fund Inc., Managed High Yield Plus Fund Inc., Strategic
Global Income Fund, Inc., and 2002 Target Term Trust Inc. (each a
"Fund" and, collectively, the "Funds"), each a Maryland
corporation and listed on the New York Stock Exchange, DO HEREBY
CERTIFY that the Directors of each Fund duly and unanimously
approved the following resolutions at their September 20, 2001
meeting:

	WHEREAS, the Board has determined that it is in the best
interest of the Fund to institute a mandatory and uniform
retirement age policy for Directors of the Fund; now therefore be
it

	RESOLVED, that it is advisable and in the best interests of
the Fund and its stockholders to add a new Article III, Section
13 of the Fund's By-laws to read as follows:

	"Each Director who has attained the age of seventy-two (72)
years shall retire from service as a Trustee on the later of (a)
the last day of the month in which he or she attains such age or
(b) June 30, 2003.  Notwithstanding anything in this Section, a
Director may retire at any time as provided for in the governing
instrument of the Fund."

	IN WITNESS WHEREOF, I have signed this certificate as of the
8th day of October, 2001.

ALL-AMERICAN TERM TRUST INC.
GLOBAL HIGH INCOME DOLLAR FUND INC.
INSURED MUNICIPAL INCOME FUND INC.
INVESTMENT GRADE MUNICIPAL INCOME FUND INC.
MANAGED HIGH YIELD PLUS FUND INC.
STRATEGIC GLOBAL INCOME FUND, INC.
2002 TARGET TERM TRUST INC.



	By: /s/ Amy R.Doberman_____________
		Amy R. Doberman
	Vice President and Secretary

New York, New York  (ss)

Subscribed and sworn before me this 8th day of October, 2001.



/s/ Evelyn De Simone
       Notary Public

EX-99.77K CHNG ACCNT

For period ending October 31, 2001			Exhibit 77K

File number 811- 7540



Global High Income Dollar Fund Inc.


On July 25, 2001, the Board of Directors of the Fund, upon the
recommendation of the Board's Audit Committee, determined not to
retain PricewaterhouseCoopers ("PwC") and approved a change of
the Fund's independent auditors to Ernst & Young LLP.  For the
fiscal years ended October 31, 2000 and October 31, 1999, PwC's
audit reports contained no adverse opinion or disclaimer of
opinion; nor were their reports qualified or modified as to
uncertainty, audit scope, or accounting principles.  Further,
there were no disagreements between the Fund and PwC on
accounting principles or practices, financial statement
disclosure or audit scope or procedure, which if not resolved to
the satisfaction of PwC would have caused them to make reference
to the disagreement in their report.

EX-99.77B ACCT LTTR

Report of Independent Auditors


To the Shareholders and Board of Directors of
Global High Income Dollar Fund Inc.

In planning and performing our audit of the financial statements
of Global High Income Dollar Fund Inc. for the year ended
October 31, 2001, we considered its internal control, including
control activities for safeguarding securities, to determine our
auditing procedures for the purpose of expressing our opinion on
the financial statements and to comply with the requirements of
Form N-SAR, and not to provide assurance on internal control.

The management of Global High Income Dollar Fund Inc. is
responsible for establishing and maintaining internal control.
In fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and
related costs of control.  Generally, internal controls that are
relevant to an audit pertain to the entity's objective of
preparing financial statements for external purposes that are
fairly presented in conformity with accounting principles
generally accepted in the United States.  Those internal
controls include the safeguarding of assets against unauthorized
acquisition, use, or disposition.

Because of inherent limitations in internal control,
misstatements due to errors or fraud may occur and not be
detected.  Also, projections of any evaluation of internal
control to future periods are subject to the risk that it may
become inadequate because of changes in conditions, or that the
degree of compliance with the policies or procedures may
deteriorate.

Our consideration of internal control would not necessarily
disclose all matters in internal control that might be material
weaknesses under standards established by the American Institute
of Certified Public Accountants.  A material weakness is a
condition in which the design or operation of one or more of the
specific internal control components does not reduce to a
relatively low level the risk that errors or fraud in amounts
that would be material in relation to the financial statements
being audited may occur and not be detected within a timely
period by employees in the normal course of performing their
assigned functions.  However, we noted no matters involving
internal control, including control activities for safeguarding
securities, and its operation that we consider to be material
weaknesses as defined above at October 31, 2001.

This report is intended solely for the information and use of
the Board of Directors, shareholders and management of Global
High Income Dollar Fund Inc., and the Securities and Exchange
Commission and is not intendped to be and should not be used by
anyone other than these specified parties.


							ERNST & YOUNG LLP

December 18, 2001