[Federal Register Volume 69, Number 88 (Thursday, May 6, 2004)]
[Notices]
[Pages 25447-25448]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-10278]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. IC-26438]
Notice of Applications for Deregistration Under Section 8(f) of
the Investment Company Act of 1940
April 30, 2004.
The following is a notice of applications for deregistration under
section 8(f) of the Investment Company Act of 1940 for the month of
April, 2004. A copy of each application may be obtained for a fee at
the SEC's Public Reference Branch, 450 Fifth St., NW., Washington, DC
20549-0102 (tel. 202-942-8090). An order granting each application will
be issued unless the SEC orders a hearing. Interested persons may
request a hearing on any application by writing to the SEC's Secretary
at the address below and serving the relevant applicant with a copy of
the request, personally or by mail. Hearing requests should be received
by the SEC by 5:30 p.m. on May 25, 2004, and should be accompanied by
proof of service on the applicant, in the form of an affidavit or, for
lawyers, a certificate of service. Hearing requests should state the
nature of the writer's interest, the reason for the request, and the
issues contested. Persons who wish to be notified of a hearing may
request notification by writing to the Secretary, SEC, 450 Fifth
Street, NW., Washington, DC 20549-0609. For Further Information
Contact: Diane L. Titus at (202) 942-0564, SEC, Division of Investment
Management, Office of Investment Company Regulation, 450 Fifth Street,
NW., Washington, DC 20549-0504.
Putnam New York Tax Exempt Opportunities Fund [File No. 811-6176]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On November 24, 2003, applicant transferred
its assets to Putnam New York Tax Exempt Income Fund, based on net
asset value. Expenses of $165,188 incurred in connection with the
reorganization were paid by applicant, the acquiring fund, and Putnam
Investment Management, LLC, applicant's investment adviser.
Filing Date: The application was filed on March 22, 2004.
Applicant's Address: One Post Office Sq., Boston, MA 02109.
Advantus International Balanced Fund, Inc. [File No. 811-8590]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On December 8, 2003, applicant transferred
its assets to
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a corresponding series of Ivy Funds, based on net asset value. Expenses
of $87,340 incurred in connection with the reorganization were paid by
Advantus Capital Management, Inc., applicant's investment adviser.
Filing Dates: The application was filed on March 10, 2004, and
amended on March 29, 2004.
Applicant's Address: 600 Robert Street North, St. Paul, MN 55101.
Papp Stock Fund, Inc. [File No. 811-5922], Papp America-Abroad Fund,
Inc. [File No. 811-6402], Papp America-Pacific Rim Fund, Inc. [File No.
811-8005], Papp Small & Mid-Cap Growth Fund, Inc. [File No. 811-9055]
Summary: Each applicant seeks an order declaring that it has ceased
to be an investment company. On February 23, 2004, each applicant
transferred its asset to a corresponding series of the Pioneer Series
Trust II, based on net asset value. Each applicant incurred $18,561 in
expenses in connection with its reorganization, which were paid by L.
Roy Papp & Associates LLP, applicants' investment adviser.
Filing Date: The applications were filed on March 29, 2004.
Applicants' Address: 2201 E. Camelback Rd., Suite 227B, Phoenix, AZ
85016.
Wade Fund, Inc. [File No. 811-556]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. Applicant has never made a public offering of
its securities and does not propose to make a public offering.
Applicant currently has 49 shareholders and will continue to operate in
reliance on section 3(c)(1) of the Act.
Filing Dates: The application was filed on February 27, 2004, and
amended on April 15, 2004.
Applicant's Address: 5100 Poplar Ave., Suite 2224, Memphis, TN
38137.
Morgan FunShares, Inc. [File No. 811-8244]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. On November
4, 2003, applicant made a liquidating distribution to its shareholders,
based on net asset value. Applicant has retained $4,937 in cash for
contingent liabilities and winding-up expenses. Applicant paid $40,704
in expenses incurred in connection with the liquidation.
Filing Dates: The application was filed on March 30, 2004, and
amended on April 20, 2004.
Applicant's Address: c/o Robert F. Pincus, Fifth Third Bank, NA,
1404 E. 9th St., 6th Floor, Cleveland, OH 44114.
The Hough Group of Funds [File No. 811-7902]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On February 27, 2004, applicant made a final
liquidating distribution to its shareholders, based on net asset value.
Expenses of $2,600 incurred in connection with the liquidation were
paid by William R. Hough & Co., applicant's investment adviser.
Filing Date: The application was filed on April 7, 2004.
Applicant's Address: 100 Second Ave. S., St. Petersburg, FL 33701.
The Inland Mutual Fund Trust [File No. 811-8958]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. By March 31, 2004, all shareholders of
applicant had redeemed their shares at net asset value. Expenses of
$31,333 incurred in connection with the liquidation were paid by Inland
Investment Advisors, Inc., applicant's investment adviser.
Filing Dates: The application was filed on March 17, 2004, and
amended on April 23, 2004.
Applicant's Address: 2901 Butterfield Rd., Oak Brook, IL 60523.
DK Investors, Inc. [File No. 811-2886]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. On February
6, 2004, applicant made a liquidating distribution to its shareholders,
based on net asset value. Expenses of $37,297 incurred in connection
with the liquidation were paid by applicant. Applicant intends to
continue as a shell company while seeking a party to purchase control
and/or merge with applicant. Applicant has retained $135,000 in cash to
cover the related anticipated expenses.
Filing Dates: The application was filed on February 9, 2004, and
amended on April 7, 2004 and April 27, 2004.
Applicant's Address: 205 Lexington Ave., 16th Floor, New York, NY
10016.
Glenbrook Life Discover Variable Account A [File No. 811-9629]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On March 12, 2004 the Board of Directors
voted to liquidate the applicant. No contracts were ever issued through
the applicant. Expenses of $1500 incurred in connection with the
liquidation were paid by the depositor, Glenbrook Life and Annuity
Company.
Filing Date: The application was filed on April 6, 2004.
Applicant's Address: 3100 Sanders Road, Northbrook, Illinois 60062.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 04-10278 Filed 5-5-04; 8:45 am]
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