- To change the nature of the Fund’s business which is currently a registered investment company under the Investment Company Act of 1940 to a holding company and to cause the Fund to deregister as an investment company.
- To approve the reorganization of the Fund from a
Massachusettsbusiness trust into a newly established Delawarecorporation.
As previously announced, the Fund expects to promptly commence a self-tender offer for at least 55% of its outstanding shares at a price of 99% of NAV. In addition, as disclosed in the Fund’s proxy statement for the special meeting, the