Our primary responsibility is to make good investment decisions on behalf of Fund shareholders by managing the Fund portfolio for the long-term. As stewards of Fund shareholder's capital, we also acknowledge the tax implications of distributions on taxable Fund shareholders. Tax laws require the Fund to distribute the net amount that capital gains exceed capital losses to shareholders at least once each year.

Record Date	Ex and Payable Date	Long-Term Capital Gain	Short-Term Capital Gain	Income	Reinvest Price
11/26/07	11/27/07	$2.0241	$0.0532	$0.00	$22.40
6/26/07	6/27/07	$4.04	$0.94	$0.00	$25.56

The Fund’s Net Asset Value declines after a distribution by the amount paid to shareholders. Any movement in the underlying securities will also affect the Fund’s NAV. Please note that individual Fund shareholder value is not decreased by distributions because each shareholder of record has received a cash distribution or additional shares by reinvestment. All dividends and capital gain distributions are automatically reinvested in additional shares unless the Fund shareholder has elected to receive distributions in cash. To obtain information on your account, please contact a Shareholder Services Representative at 800-622-2474 or access your account online.