---------------------------------------------------------------------------------------------------------------------------
Rule 10f-3 Acquisition of Securities from an Affiliate - April 1, 2002 through June 30, 2002
▇▇▇▇
▇▇▇▇▇▇▇ Total Return Fund
---------------------------------------------------------------------------------------------------------------------------
Security Purchased Comparison Security Comparison Security
---------------------------------------------------------------------------------------------------------------------------
Issuer METALDYNE CORP SUN INTERNATIONAL HOTELS ENCOMPASS SERVICES CORP
---------------------------------------------------------------------------------------------------------------------------
Underwriters CSFB, DBSI, ▇▇ ▇▇▇▇▇▇, Comercia Bear ▇▇▇▇▇▇▇, DBAB ▇▇ ▇▇▇▇▇▇, Bank of America, Banc
Sec., Naionalt City One, Credit Lyonnais, Credit
Investments, Wachovia Bank Suisse, DBAB, First Union Bank,
▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇
---------------------------------------------------------------------------------------------------------------------------
Years of continuous > 3 years > 3 years > 3 years
operation, including
predecessors
---------------------------------------------------------------------------------------------------------------------------
Security METALD 11%,6/15/2012 SIHUS 8.875,% 8/15/2011 ESR 10.5%,5/1/2009
---------------------------------------------------------------------------------------------------------------------------
Is the affiliate a Co-Manager Co-Manager Co-Manager
manager or co-manager
of offering?
---------------------------------------------------------------------------------------------------------------------------
Name of underwriter or
dealer from which
purchased CSFB N/A N/A
---------------------------------------------------------------------------------------------------------------------------
Firm commitment Yes Yes Yes
underwriting?
---------------------------------------------------------------------------------------------------------------------------
Trade date/Date of
Offering 6/13/2002 8/9/2001 6/14/2001
---------------------------------------------------------------------------------------------------------------------------
Total dollar amount of
offering sold to QIBs $250,000,000.00 $200,000,000.00 $135,000,000.00
---------------------------------------------------------------------------------------------------------------------------
Total dollar amount of $0.00 $0.00 $0.00
any concurrent public
offering
---------------------------------------------------------------------------------------------------------------------------
Total $250,000,000.00 $200,000,000.00 $135,000,000.00
---------------------------------------------------------------------------------------------------------------------------
Public offering price $100.00 $100.00 $98.26
---------------------------------------------------------------------------------------------------------------------------
Price paid if other
than public offering
price N/A N/A N/A
---------------------------------------------------------------------------------------------------------------------------
Underwriting spread or 3.00% 3.00% 3.00%
commission
---------------------------------------------------------------------------------------------------------------------------
Rating B3/B Ba3 /B+ B2/B+
---------------------------------------------------------------------------------------------------------------------------
Current yield 11.00% 8.88% 10.84%
---------------------------------------------------------------------------------------------------------------------------
Total par value
purchased 150,000 N/A N/A
---------------------------------------------------------------------------------------------------------------------------
$ amount of purchase $150,000.00 N/A N/A
---------------------------------------------------------------------------------------------------------------------------
% of offering purchased
by fund 0.06% N/A N/A
---------------------------------------------------------------------------------------------------------------------------
% of offering purchased 4.64% N/A N/A
by associated funds
---------------------------------------------------------------------------------------------------------------------------
Total 4.70% N/A N/A
---------------------------------------------------------------------------------------------------------------------------
---------------------------------------------------------------------------------------------------------------------------
Rule 10f-3 Acquisition of Securities from an Affiliate - July 1, 2002 through September 30, 2002
▇▇▇▇▇▇▇ Total Return Fund
---------------------------------------------------------------------------------------------------------------------------
Security Purchased Comparison Security Comparison Security
---------------------------------------------------------------------------------------------------------------------------
Issuer ▇▇▇▇▇ BROS CORPORATION COMPASS MINERALS GROUP METALDYNE CORP
---------------------------------------------------------------------------------------------------------------------------
Underwriters DBSI, Salomon, Huntington, ING, Credit Suisse, ▇▇ ▇▇▇▇▇▇, CSFB, DBSI, ▇▇ ▇▇▇▇▇▇, Comercia,
Keybank, Merrill, Natcity, Credit Lyonnais, DBSI Natcity, Wachovia
Suntrust, US Bancorp
---------------------------------------------------------------------------------------------------------------------------
Years of continuous > 3 years > 3 years > 3 years
operation, including
predecessors
---------------------------------------------------------------------------------------------------------------------------
Security GBCOA 8.875%, 8/1/2012 COMPAS 10%, 8/15/2011 METALD 11%, 6/15/2012
---------------------------------------------------------------------------------------------------------------------------
Is the affiliate a Joint Lead Co-Manager Joint Lead
manager or co-manager
of offering?
---------------------------------------------------------------------------------------------------------------------------
Name of underwriter or Salomon N/A N/a
dealer from which
purchased
---------------------------------------------------------------------------------------------------------------------------
Firm commitment Yes Yes Yes
underwriting?
---------------------------------------------------------------------------------------------------------------------------
Trade date/Date of 7/25/2002 11/15/2001 6/13/2002
Offering
---------------------------------------------------------------------------------------------------------------------------
Total dollar amount of $250,000,000 $250,000,000 $250,000,000
offering sold to QIBs
---------------------------------------------------------------------------------------------------------------------------
Total dollar amount of $0 $0 $0
any concurrent public
offering
---------------------------------------------------------------------------------------------------------------------------
Total $250,000,000 $250,000,000 $250,000,000
---------------------------------------------------------------------------------------------------------------------------
Public offering price 99.19 100.00 100.00
---------------------------------------------------------------------------------------------------------------------------
Price paid if other N/A N/A N/A
than public offering
price
---------------------------------------------------------------------------------------------------------------------------
Underwriting spread or 2.08% 2.60% 3.00%
commission
---------------------------------------------------------------------------------------------------------------------------
Rating B2/B+ B3/B B3/B
---------------------------------------------------------------------------------------------------------------------------
Current yield 8.95% 10.00% 11.00%
---------------------------------------------------------------------------------------------------------------------------
Total par value $70,000 N/A N/A
purchased
---------------------------------------------------------------------------------------------------------------------------
$ amount of purchase $69,430 N/A N/A
---------------------------------------------------------------------------------------------------------------------------
% of offering purchased 0.03% N/A N/A
by fund
---------------------------------------------------------------------------------------------------------------------------
% of offering purchased 3.95% N/A N/A
by associated funds
---------------------------------------------------------------------------------------------------------------------------
Total 3.98% N/A N/A
---------------------------------------------------------------------------------------------------------------------------
