UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number 811-21504
Advent/Claymore Enhanced Growth & Income Fund
(Exact name of registrant as specified in charter)
1065 Avenue of the Americas, New York, NY | 10018 | |
(Address of principal executive offices) | (Zip code) |
Robert White, Treasurer
Advent/Claymore Enhanced Growth & Income Fund
1065 Avenue of the Americas
New York, NY 10018
(Name and address of agent for service)
Registrants telephone number, including area code: (212) 479-0675
Date of fiscal year end: October 31
Date of reporting period: January 31, 2006
Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.
A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget (OMB) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.
Item 1. | Schedule of Investments. |
Advent/Claymore Enhanced Growth & Income Fund
Portfolio of Investments
January 31, 2006 (unaudited)
Number of Shares |
Value |
|||||
Common Stocks - 70.7% | ||||||
Aluminum, Steel and Other Metals - 6.8% | ||||||
48,400 | Cameco Corp. (Canada) (a) | 3,827,472 | ||||
60,000 | Companhia Vale do Rio Doce ADR (Brazil) (a) | 3,076,200 | ||||
101,300 | Freeport-McMoRan Copper & Gold, Inc., Class B (a) | 6,508,525 | ||||
2,498,246 | Minmetals Resources Ltd. (Hong Kong) (b) | 764,881 | ||||
60,000 | POSCO ADR (South Korea) (a) | 3,443,400 | ||||
25,000 | Rautaruukki OYJ (Finland) | 754,687 | ||||
18,375,165 | ||||||
Automotive - 1.5% | ||||||
40,000 | Honda Motor Co., Ltd. ADR (Japan) (a) | 1,138,000 | ||||
250,000 | Nissan Motor Co., Ltd. (Japan) | 2,818,947 | ||||
3,956,947 | ||||||
Beverages, Food and Tobacco - 6.5% | ||||||
135,000 | Altria Group, Inc. (a) | 9,765,900 | ||||
85,000 | Bunge Ltd. (Bermuda) | 5,011,600 | ||||
75,000 | Corn Products International, Inc. (a) | 2,045,250 | ||||
13,500 | Loews Corp - Carolina Group (a) | 622,620 | ||||
17,445,370 | ||||||
Chemicals - 1.0% | ||||||
100,000 | Braskem SA ADR (Brazil) | 1,545,000 | ||||
30,000 | E.I. du Pont de Nemours and Co. (a) | 1,174,500 | ||||
2,719,500 | ||||||
Communications, Media and Entertainment - 2.4% | ||||||
100,000 | Cablevision Systems Corp., Class A (b) | 2,460,000 | ||||
100,000 | DIRECTV Group, Inc. (The) (b) | 1,383,000 | ||||
20,000 | Nintendo Co., Ltd. (Japan) | 2,748,900 | ||||
6,591,900 | ||||||
Computers - Software and Peripherals - 2.2% | ||||||
150,000 | Activision, Inc. (b) | 2,151,000 | ||||
30,000 | Infosys Technologies Ltd. ADR (India) | 2,288,100 | ||||
7,000 | Square Enix Co., Ltd. (Japan) | 186,563 | ||||
33,659 | UbiSoft Entertainment SA (France) (b) | 1,429,706 | ||||
6,055,369 | ||||||
Electronics Equipment and Components - 3.8% | ||||||
200,000 | Cypress Semiconductor Corp. (a)(b) | 3,386,000 | ||||
85,300 | SONY Corp. ADR (Japan) (a) | 4,171,170 | ||||
35,000 | TDK Corp. (Japan) | 2,538,333 | ||||
10,095,503 | ||||||
Energy - 0.8% | ||||||
41,100 | Primary Energy Recycling Corp. EIS (Canada) | 341,871 | ||||
225,000 | Primary Energy Recycling Corp. (Canada) (b)(c) | 1,871,556 | ||||
2,213,427 | ||||||
Financial Services - 0.9% | ||||||
159,600 | Charles Schwab Corp. (The) | 2,360,484 | ||||
Health Care Products and Services - 2.4% | ||||||
125,000 | Boston Scientific Corp. (a)(b) | 2,733,750 | ||||
50,000 | Guidant Corp. (a) | 3,680,000 | ||||
6,413,750 | ||||||
Internet - 2.6% | ||||||
200,000 | InfoSpace, Inc. (a)(b) | 4,722,000 | ||||
130,000 | Shanda Interactive Entertainment Ltd. (Cayman Islands)(b) | 2,177,500 | ||||
6,899,500 | ||||||
Leisure and Entertainment - 1.8% | ||||||
40,000 | MGM MIRAGE (a)(b) | 1,482,400 | ||||
95,000 | Sega Sammy Holdings, Inc. (Japan) | 3,416,478 | ||||
4,898,878 | ||||||
Mining - 4.4% | ||||||
131,600 | Alpha Natural Resources, Inc. (a)(b) | 3,096,548 | ||||
130,000 | Compania de Minas Buenaventura SA ADR (Peru) | 3,603,600 | ||||
250,000 | International Coal Group, Inc. (b) | 2,530,000 | ||||
52,600 | Meridian Gold, Inc. (Canada) (a)(b) | 1,429,668 | ||||
32,200 | Yanzhou Coal Mining Co., Ltd. ADR (China) | 1,234,226 | ||||
11,894,042 | ||||||
Office Equipment - 1.4% | ||||||
150,000 | Seiko Epson Corp. (Japan) | 3,709,478 | ||||
Oil and Gas - 10.7% | ||||||
63,200 | BlackRock Ventures, Inc. (Canada) (b) | 696,510 | ||||
50,000 | Dresser-Rand Group, Inc. (a)(b) | 1,346,500 | ||||
25,000 | EOG Resources, Inc. (a) | 2,113,500 | ||||
50,000 | Modec, Inc. (Japan) | 1,485,758 | ||||
75,000 | Murphy Oil Corp. | 4,275,000 | ||||
1,000 | Occidental Petroleum Corp. | 97,710 | ||||
183,800 | Ocean Rig ASA (Norway) (b) | 2,429,482 | ||||
70,000 | Polski Koncern Naftowy Orlen SA GDR (Poland) | 2,835,644 | ||||
45,000 | Pride International, Inc. (a)(b) | 1,588,950 | ||||
100,000 | Repsol YPF SA (Spain) | 2,709,102 | ||||
50,000 | Suncor Energy, Inc. (Canada) (a) | 4,006,000 | ||||
50,000 | Tesoro Corp. (a) | 3,623,500 | ||||
30,200 | YPF SA ADR (Argentina) | 1,626,874 | ||||
28,834,530 | ||||||
Pharmaceuticals - 6.0% | ||||||
55,000 | Biogen Idec, Inc. (b) | 2,461,250 | ||||
61,400 | Biovail Corp. (Canada) (a)(b) | 1,390,710 | ||||
170,000 | Elan Corp. PLC ADR (Ireland) (a)(b) | 2,704,700 | ||||
25,000 | Forest Laboratories, Inc. (a)(b) | 1,157,000 | ||||
45,000 | GlaxoSmithKline PLC ADR (United Kingdom) (a) | 2,305,800 | ||||
22,500 | Ono Pharmaceutical Co., Ltd. (Japan) | 1,016,743 | ||||
50,000 | Pfizer, Inc. | 1,284,000 | ||||
20,000 | Sanofi-Aventis ADR (France) (a) | 920,000 | ||||
80,000 | Serono SA (Switzerland) | 1,522,400 | ||||
25,000 | Takeda Pharmaceutical Co., Ltd. (Japan) | 1,418,016 | ||||
16,180,619 | ||||||
Publishing - 0.9% | ||||||
70,000 | VNU NV (Netherlands) | 2,343,477 | ||||
Telecommunications - 11.1% | ||||||
50,000 | America Movil SA de CV ADR, Ser. L (Mexico) (a) | 1,686,500 | ||||
200,000 | Arris Group, Inc. (a)(b) | 2,352,000 | ||||
100,000 | BCE, Inc. (Canada) (a) | 2,421,000 | ||||
200,000 | China Unicom Ltd. ADR (Hong Kong) (b) | 1,780,000 | ||||
250,000 | Koninklijke (Royal) KPN NV (Netherlands) | 2,413,421 | ||||
100,000 | KT Corp. ADR (South Korea) | 2,111,000 | ||||
100,000 | Mobile TeleSystems ADR (Russia) | 3,748,000 | ||||
350,000 | Portugal Telecom, SGPS SA (Portugal) | 3,510,540 | ||||
150,000 | Sprint Nextel Corp. | 3,433,500 | ||||
30,000 | Telus Corp. (Canada) | 1,179,900 | ||||
87,166 | Turkcell Iletisim Hizmetleri AS ADR (Turkey) (a) | 1,517,560 | ||||
115,000 | Verizon Communications, Inc. (a) | 3,640,900 | ||||
29,794,321 | ||||||
Transportation - 3.5% | ||||||
65,000 | Continental Airlines, Inc., Class B (a)(b) | 1,359,150 | ||||
175,000 | Frontier Airlines, Inc. (b) | 1,176,000 | ||||
120,000 | General Maritime Corp. (Marshall Islands) (a) | 4,504,800 | ||||
140,000 | Southwest Airlines Co. (a) | 2,304,400 | ||||
9,344,350 | ||||||
Total Common Stocks (Cost $185,755,024) |
190,126,610 | |||||
Convertible Preferred Stocks - 6.3% | ||||||
Aluminum, Steel and Other Metals - 0.5% | ||||||
1,000 | Freeport-McMoRan Copper & Gold, Inc., Ser. B, 5.50% | 1,356,875 | ||||
Automotive - 0.9% | ||||||
75,000 | Ford Motor Co. Capital Trust II, 6.50%, 2032 | 2,411,250 | ||||
Chemicals - 1.2% | ||||||
60,000 | Celanese Corp., Ser. A, 4.25% (a) | 1,758,000 | ||||
30,000 | Huntsman Corp., 5.00%, 2008 (a) | 1,383,750 | ||||
3,141,750 | ||||||
Utilities - 3.7% | ||||||
80,100 | Entergy Corp., 7.625%, 2009 (a) | 3,975,363 | ||||
4,500 | NRG Energy, Inc., Ser. 4 (2), 4.00% | 6,028,313 | ||||
10,003,676 | ||||||
Total Convertible Preferred Stocks (Cost $16,269,759) |
16,913,551 | |||||
Principal Amount |
||||||
Corporate Bonds - 12.5% | ||||||
Building Products and Services - 0.8% | ||||||
$2,000,000 | U.S. Concrete, Inc., B- | |||||
8.375%, 4/01/14, Senior Subordinated Notes | 2,040,000 | |||||
Chemicals - 0.6% | ||||||
1,572,000 | Rhodia SA, CCC+ | |||||
8.875%, 6/01/11, Senior Subordinated Notes (France) | 1,603,440 | |||||
Computers - Software and Peripherals - 1.1% | ||||||
3,000,000 | Sungard Data Systems, Inc., B- | |||||
10.25%, 8/15/15, Senior Subordinated Notes (a)(c)(d) | 3,015,000 | |||||
Electronics Equipment and Components - 0.4% | ||||||
1,000,000 | Imax Corp., B- | |||||
9.625%, 12/01/10, Company Guarantee Notes (Canada) | 1,022,500 | |||||
Investment Companies - 0.4% | ||||||
1,000,000 | RBS Participacoes SA, B- | |||||
11.00%, 4/01/07, Company Guarantee Notes (Brazil) | 1,020,000 | |||||
Mining - 1.4% | ||||||
3,500,000 | Hudson Bay Mining and Smelting Co, Ltd., B | |||||
9.625%, 1/15/12, Secured Notes (Canada) | 3,762,500 | |||||
Oil and Gas - 0.8% | ||||||
2,000,000 | Venoco, Inc., CCC+ | |||||
8.75%, 12/15/11, Senior Unsecured Notes (d) | 2,065,000 | |||||
4,000,000 | Retail - Specialty Stores - 1.5% | |||||
Neiman Marcus Group, Inc. B- | ||||||
10.375%, 10/15/15, Company Guarantee Notes (a)(c)(d) | 4,125,000 | |||||
Special Purpose Entity - 5.0% | ||||||
13,500,000 | Dow Jones CDX HY, Ser. 3-4, NR | |||||
10.50%, 12/29/09 (c) | 13,533,750 | |||||
Telecommunications - 0.5% | ||||||
1,500,000 | Hawaiian Telcom Communications, Inc., CCC+ | |||||
12.50%, 5/01/15, Senior Subordinated Notes (c) | 1,406,250 | |||||
Total Corporate Bonds (Cost $32,901,222) |
33,593,440 | |||||
Convertible Bonds - 10.4% | ||||||
Automotive - 0.9% | ||||||
100,000 | General Motors Corp., Ser. A, B | |||||
4.50%, 3/06/32, Senior Unsecured Convertible Notes | 2,315,000 | |||||
Communications Equipment - 0.7% | ||||||
1,900,000 | Lucent Technologies, Inc., Ser. B, B | |||||
2.75%, 6/15/25, Senior Unsecured Convertible Notes | 1,952,250 | |||||
E-Commerce - 0.3% | ||||||
1,000,000 | WebMD Corp., NR | |||||
1.75%, 6/15/23, Subordinated Convertible Notes | 847,500 | |||||
Electronic Equipment and Components - 0.3% | ||||||
1,000,000 | Mentor Graphics Corp., NR | |||||
5.941%, 8/06/23, Subordinated Convertible Notes (e) | 910,000 | |||||
Financial Services - 1.1% | ||||||
62,138 | Merrill Lynch & Co., Inc., Ser. ECA, A+ | |||||
8.00%, 10/26/06, Notes (f) | 3,003,129 | |||||
Mining - 1.2% | ||||||
3,500,000 | Coeur D Alene Mines Corp., B- | |||||
1.25%, 1/15/24, Senior Unsecured Convertible Notes | 3,228,750 | |||||
Pharmaceuticals - 2.5% | ||||||
4,000,000 | Sepracor, Inc., CCC+ | |||||
0.00%, 10/15/24, Senior Subordinated Convertible Notes (a) | 4,020,000 | |||||
3,000,000 | Valeant Pharmaceuticals International, B | |||||
4.00%, 11/15/13, Subordinated Convertible Notes | 2,621,250 | |||||
6,641,250 | ||||||
Special Purpose Entity - 0.8% | ||||||
2,000,000 | Qiagen Finance SA, NR | |||||
1.50%, 8/18/24, Company Guarantee Notes (Luxembourg) | 2,147,182 | |||||
Telecommunications - 1.8% | ||||||
2,366,000 | Andrew Corp., B+ | |||||
3.25%, 8/15/13, Subordinated Convertible Notes | 2,602,600 | |||||
1,760,000 | Millicom International Cellular SA, B- | |||||
4.00%, 1/07/10, Convertible Debentures (Luxembourg) (a) | 2,290,056 | |||||
4,892,656 | ||||||
Utilities - 0.8% | ||||||
2,000,000 | Dominion Resources, Inc., Ser. C, BBB | |||||
2.125%, 12/15/23, Senior Unsecured Notes | 2,132,500 | |||||
Total Convertible Bonds (Cost $27,933,678) |
28,070,217 | |||||
Total Investments - 99.9% (Cost $262,859,683) |
268,703,818 | |||||
Other assets less liabilities - 1.1% | 3,048,629 | |||||
Total Options Written - (1.0%) | (2,842,810 | ) | ||||
Net Assets - 100.0% | $ | 268,909,637 | ||||
ADR - American Depositary Receipt.
EIS - Enhanced Income Security.
PLC - Public Limited Company.
(a) | All or a portion of this security position represents cover (directly or through conversion rights) for outstanding options written. |
(b) | Non-income producing security. |
(c) | Securities are exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At January 31, 2006, these securities amounted to 8.9% of net assets. |
(d) | All or a portion of these securities with an aggregate market value of $9,205,000 have been physically segregated to collateralize written call options. |
(e) | Variable rate or floating security. The rate shown is as of January 31, 2006. |
(f) | Variable principal amount dependent upon the value of Encana stock. |
Ratings shown are per Standard & Poors. Securities classified as NR are not rated by Standard & Poors.
Contracts (100 shares per contract) |
Call Options Written (a) |
Expiration Date |
Exercise Price |
Market Value | ||||||
5 | Alpha Natural Resources, Inc. | February 2006 | $ | 22.50 | $ | 713 | ||||
435 | Alpha Natural Resources, Inc. | March 2006 | 25.00 | 26,100 | ||||||
250 | Altria Group, Inc. | February 2006 | 80.00 | 3,750 | ||||||
500 | America Movil SA de CV ADR | March 2006 | 35.00 | 70,000 | ||||||
400 | Arris Group, Inc. | February 2006 | 10.00 | 74,000 | ||||||
1,000 | Arris Group, Inc. | February 2006 | 12.50 | 40,000 | ||||||
500 | Arris Group, Inc. | March 2006 | 12.50 | 36,250 | ||||||
100 | BCE, Inc. | February 2006 | 25.00 | 2,500 | ||||||
400 | Biovail Corp. | February 2006 | 22.50 | 44,000 | ||||||
500 | Boston Scientific Corp. | February 2006 | 27.50 | 2,500 | ||||||
300 | Cameco Corp. | February 2006 | 75.00 | 171,000 | ||||||
200 | Celanese Corp. | March 2006 | 20.00 | 22,500 | ||||||
500 | Companhia Vale do Rio Doce | February 2006 | 50.00 | 95,000 | ||||||
500 | Continental Airlines, Inc. | February 2006 | 22.50 | 25,000 | ||||||
500 | Corn Products International, Inc. | April 2006 | 30.00 | 17,500 | ||||||
1,000 | Cypress Semiconductor Corp. | February 2006 | 17.50 | 35,000 | ||||||
1,000 | Cypress Semiconductor Corp. | March 2006 | 17.50 | 80,000 | ||||||
500 | Dresser-Rand Group, Inc. | February 2006 | 25.00 | 240,000 | ||||||
300 | EI du Pont de Nemours & Co. | February 2006 | 40.00 | 9,000 | ||||||
1,000 | Elan Corp PLC ADR | April 2006 | 20.00 | 135,000 | ||||||
80 | Entergy Corp. | February 2006 | 75.00 | 2,000 | ||||||
200 | EOG Resources, Inc. | February 2006 | 85.00 | 63,000 | ||||||
250 | Forest Laboratories, Inc. | February 2006 | 45.00 | 45,000 | ||||||
5 | Freeport-McMoRan Copper & Gold, Inc. | February 2006 | 65.00 | 975 | ||||||
500 | Freeport-McMoRan Copper & Gold, Inc. | May 2006 | 70.00 | 135,000 | ||||||
200 | General Maritime Corp. | March 2006 | 40.00 | 13,500 | ||||||
5 | GlaxoSmithKline PLC ADR | February 2006 | 55.00 | 75 | ||||||
300 | GlaxoSmithKline PLC ADR | March 2006 | 55.00 | 9,000 | ||||||
10 | Guidant Corp. | April 2006 | 75.00 | 3,000 | ||||||
380 | Honda Motor Co., Ltd. | February 2006 | 30.00 | 6,650 | ||||||
15 | Huntsman Corp. | February 2006 | 22.50 | 1,200 | ||||||
92 | Infospace, Inc. | February 2006 | 30.00 | 1,380 | ||||||
100 | Loews Corp - Carolina Group | March 2006 | 45.00 | 24,000 | ||||||
500 | Meridian Gold, Inc. | February 2006 | 22.50 | 237,500 | ||||||
400 | MGM MIRAGE | February 2006 | 40.00 | 18,000 | ||||||
200 | Millicom International Cellular SA | February 2006 | 30.00 | 170,000 | ||||||
1 | Neiman-Marcus Group Inc. (b) | March 2006 | 99.00 | 112,760 | ||||||
400 | POSCO ADR | March 2006 | 60.00 | 62,000 | ||||||
400 | Pride International, Inc. | February 2006 | 35.00 | 46,000 | ||||||
200 | Sanofi-Aventis ADR | February 2006 | 45.00 | 39,000 | ||||||
400 | Sepracor, Inc. | February 2006 | 60.00 | 30,000 | ||||||
814 | SONY Corp. | February 2006 | 45.00 | 325,600 | ||||||
514 | Southwest Airlines Co. | February 2006 | 17.50 | 5,140 | ||||||
250 | Suncor Energy, Inc. | February 2006 | 70.00 | 245,000 | ||||||
250 | Suncor Energy, Inc. | February 2006 | 85.00 | 27,500 | ||||||
1 | Sunguard Data Systems, Inc. (b) | March 2006 | 102.00 | 13,140 | ||||||
300 | Tesoro Corp. | February 2006 | 75.00 | 48,000 | ||||||
10 | Turkcell Iletisim Hizmetleri AS ADR | March 2006 | 17.50 | 900 | ||||||
153 | Verizon Communications, Inc. | February 2006 | 32.50 | 2,677 | ||||||
500 | Verizon Communications, Inc. | March 2006 | 32.50 | 25,000 | ||||||
Total Call Options Written (Premiums received $1,426,520) |
$ | 2,842,810 | ||||||||
(a) | Non-income producing security. |
(b) | Each contract represents the entire principal amount of the fixed-income security that covers the written option. |
Country Breakdown* |
|||
United States |
55.5 | % | |
Japan |
9.2 | % | |
Canada |
8.2 | % | |
Brazil |
2.1 | % | |
South Korea |
2.1 | % | |
Bermuda |
1.9 | % | |
Netherlands |
1.8 | % | |
Marshall Islands |
1.7 | % | |
Luxembourg |
1.6 | % | |
France |
1.5 | % | |
Russia |
1.4 | % | |
Peru |
1.3 | % | |
Portugal |
1.3 | % | |
Poland |
1.0 | % | |
Spain |
1.0 | % | |
Ireland |
1.0 | % | |
Hong Kong |
0.9 | % | |
Norway |
0.9 | % | |
United Kingdom |
0.8 | % | |
India |
0.8 | % | |
Cayman Islands |
0.8 | % | |
Mexico |
0.6 | % | |
Argentina |
0.6 | % | |
Switzerland |
0.6 | % | |
Turkey |
0.6 | % | |
China |
0.5 | % | |
Finland |
0.3 | % |
* | Subject to change daily. |
See previously submitted notes to financial statements for the annual period ended October 31, 2005.
Item 2. | Controls and Procedures. |
(a) The registrants principal executive officer and principal financial officer have evaluated the registrants disclosure controls and procedures within 90 days of this filing and have concluded based on such evaluation, that the registrants disclosure controls and procedures were effective, as of that date, in ensuring that information required to be disclosed by the registrant in this Form N-Q was recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commissions rules and forms.
(b) The registrants principal executive officer and principal financial officer are aware of no changes in the registrants internal controls over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the registrants last fiscal quarter that may have materially affected or are reasonably likely to materially affect the registrants internal control over financial reporting.
Item 3. | Exhibits. |
A separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment Company Act (17 CFR 270.30a-2(a)), exactly as set forth below: Attached hereto.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Advent/Claymore Enhanced Growth & Income Fund | ||
By: | /s/ Tracy V. Maitland
| |
Tracy V. Maitland | ||
President and Chief Executive Officer | ||
Date: | March 29, 2006 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/ Tracy V. Maitland
| |
Tracy V. Maitland | ||
President and Chief Executive Officer | ||
Date: | March 29, 2006 | |
By: | /s/ Robert White
| |
Robert White | ||
Treasurer and Chief Financial Officer | ||
Date: | March 29, 2006
|