Annual Reports

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TABLE OF CONTENTS

Annual Report 1999

Board of Directors
At a Glance
Portfolio Review
Letter to Stockholders
Statement of Assets and Liabilities
Statement of Operations
Statement of Changes in Net Assets
Notes to Financial Statements
Illustration of an Assumed 15 year Investment of $10,000
Financial Highlights
Schedule of Investments
Principal Changes in Portfolio Securities
Report of Independent Accountants
Frequently Asked Questions
Dividend Reinvestment Plan
Historical Financial Statistics