[Federal Register Volume 64, Number 43 (Friday, March 5, 1999)]
[Notices]
[Pages 10732-10733]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-5442]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. IC-23721]
Notice of Applications for Deregistration Under Section 8(f) of
the Investment Company Act of 1940
February 26, 1999.
The following is a notice of applications for deregistration under
section 8(f) of the Investment Company Act of 1940 for the month of
February, 1999. 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 (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 March 23, 1999, 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. For Further Information Contact:
Diane L. Titus, at (202) 942-0564, SEC, Division of Investment
Management, Office of Investment Company Regulation, Mail Stop 5-6, 450
Fifth Street, NW, Washington, DC 20549.
Morgan Stanley Dean Witter Intermediate Term U.S. Treasury Trust
[File No. 811-7249]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On October 26, 1998, applicant made a final
liquidating distribution to its securityholder s at net asset value per
share. Expenses of approximately $16,000 incurred in connection with
the liquidation were paid by Morgan Stanley Dean Witter Advisors Inc.,
applicant's investment adviser.
Filing Date: The application was filed on January 27, 1999.
Applicant's Address: Two World Trade Center, New York, New York
10048.
Concord Fund, Inc. [File No. 811-566]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. As of January 29, 1999, applicant made a
liquidating distribution to 104 shareholders. On that same date
applicant had 272 registered shareholder accounts that had not
surrendered their shares. ChaseMellon Shareholder Services, L.L.C.,
applicant's disbursing agent, is holding funds representing the
aggregate liquidation value of applicant's remaining shares. Expenses
of approximately $67,151 incurred in connection with the liquidation
were paid by applicant.
Filing Dates: The application was filed on January 20, 1999 and
amended on February 5, 1999.
Applicant's Address: c/o Shapiro, Weiss & Company, 60 State Street,
38th Floor, Boston, Massachusetts 02109.
Russia and Eastern Europe Portfolio [File No. 811-8491]
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, nor does it propose to make a public offering or engage
in busienss of any kind.
Filing Date: The application was filed on January 28, 1999.
Applicant's Address: c/o Boston Management and Research, 24 Federal
Street, Boston, Massachusetts 02110.
Taurus MuniNew York Holdings, Inc. [File No. 811-5884]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On February 9, 1998, applicant transferred
all its assets and liabilities to MuniYield New York Insured Fund II,
Inc. (``MuniYield Insured II'') in exchange for shares of common stock
and shares of auction market preferred stock (``AMPS'') of MuniYield
Insured II. Each holder of applicant's common stock received the number
of shares of MuniYield Insured II common stock with a net asset value
(``NAV'') equal to the NAV of applicant's common stock held by such
shareholder, and each holder of applicnat's AMPS received the number of
shares of MuniYield Insured II AMPS with an aggregate liquidation
preference equal to the aggregate liquidation preference of applicant's
AMPS owned by such shareholder. MuniYield Insured II paid approximately
$281,000 in expenses incurred in connection with the reorganization. In
addition, applicant incurred approximately $4,000 in liquidation
expenses.
Filing Dates: The application was filed on September 14, 1998 and
amended on January 12, 1999 and February 17, 1999.
Applicant's Address: 800 Scudders Mill Road, Plainsboro, New Jersey
08536.
Taurus MuniCalifornia Holdings, Inc. [File No. 811-5882]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On February 9, 1998, applicant transferred
all of its assets and liabilities to MuniYield California Fund, Inc.
(``MuniYield California'') in exchange for shares of common stock and
shares of auction market preferred stock (``AMPS'') of MuniYield
California. Each holder of applicant's common stock received the number
of shares of MuniYield California common stock with a net asset value
(``NAV'') equal to the NAV of applicant's common stock held by such
shareholder, and each holder of applicant's AMPS received the number of
shares of MuniYield California AMPS with an aggregate liquidation
preference equal to the aggregate liquidation preference of applicant's
AMPS owned by such shareholder. MuniYield California paid approximately
$270,000 in expenses incurred in connection with the reorganization. In
addition, applicant incurred approximately $4,000 in liquidation
expenses.
Filing Dates: The application was filed on October 14, 1998 and
amended on January 12, 1999 and February 17, 1999.
Applicant's Address: 800 Scudders Mill Road, Plainsboro, New Jersey
08536.
SCM Portfolio Fund [File No. 811-5630]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. By November 30, 1998, applicant had
distributed substantially all of its assets to its securityholders at
the net asset value per share. Expenses incurred in connection with the
liquidation totaled $5,258, of which the board of directors paid
approximately $4,844 and non-board securityholders paid approximately
$414.
Filing Dates: The application was filed on December 24, 1998.
Applicant has agreed to file an amendment during the notice period.
[[Page 10733]]
Applicant's Address: 119 Maple Street, P.O. Box 947, Carrollton,
Georgia 30117.
Emerald Funds [File No. 811-5515]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. By May 22, 1998, each of applicant's 14
series had transferred all of their assets and liabilities to a
corresponding series of either Nations Fund Trust, Nations Fund, Inc.,
or Nations Institutional Reserves (collectively, the ``Nations Funds
Family'') in exchange for shares of the corresponding Nations Fund
Family series based on net asset value. NationsBanc Advisors, Inc.,
investment adviser to the Nations Funds Family, paid approximately $4.2
million in expenses associated with the reorganization.
Filing Date: The application was filed on January 29, 1999.
Applicant has agreed to file an amendment during the notice period.
Applicant's Address: 3435 Stelzer Road, Columbus, Ohio 43219-3035.
Evergreen Balanced Fund (formerly Keystone Balance Fund (K-1))
[File No. 811-96]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On January 24, 1998, applicant transferred
its assets and liabilities to Evergreen Balanced Fund, a series of
Evergreen Equity Trust, in exchange for shares of the acquiring fund
based on the relative net asset values. First Union National Bank, the
parent of applicant's investment adviser, paid all the expenses
incurred in connection with the reorganization.
Filing Date: The application was filed on January 12, 1999.
Applicant's Address: 200 Berkeley Street, Boston, Massachusetts
02116.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 99-5442 Filed 3-4-99; 8:45 am]
BILLING CODE 8010-01-M
