[Federal Register Volume 69, Number 63 (Thursday, April 1, 2004)]
[Notices]
[Pages 17250-17251]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-7274]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-26403]


Notice of Applications for Deregistration Under Section 8(f) of 
the Investment Company Act of 1940

March 26, 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 
March, 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 April 20, 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.

Emigrant Securities Corp. [File No. 811-9559]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Between 
October 16, 2003 and December 3, 2003, applicant distributed an amount 
equal to $1000 per share, plus all accrued and unpaid dividends, to its 
preferred shareholders in complete liquidation of their interests. 
Applicant then distributed all of its remaining assets to its sole 
common shareholder at net asset value. As of March 19, 2004, applicant 
had 24 preferred shareholders who have not surrendered their stock 
certificates. Funds in an amount sufficient to make the remaining 
liquidating distributions have been transferred to an escrow account 
and will be paid to such shareholders when they surrender their stock 
certificates. Expenses of $67,000 incurred in connection with the 
liquidation were paid by Emigrant Savings Bank, applicant's indirect 
parent company.
    Filing Dates: The application was filed on December 19, 2003, and 
amended on March 19, 2004.
    Applicant's Address: 5 East 42nd St., New York, NY 10017.

Advantus Money Market Fund, Inc. [File No. 811-4141]; Advantus Horizon 
Fund, Inc. [File No. 811-4142]; Advantus Index 500 Fund, Inc. [File No. 
811-7815]; and Advantus Enterprise Fund, Inc. [File No. 811-8588]

    Summary: Each applicant seeks an order declaring that it has ceased 
to be an investment company. On December 8, 2003, each applicant 
transferred its assets to a corresponding series of Ivy Funds, Inc. 
based on net asset value. Expenses of $61,960, $57,148, $64,532, and 
$72,352, respectively, were incurred in connection with the 
reorganizations and were paid by Advantus Capital Management, Inc., 
investment adviser to each applicant.
    Filing Date: The applications were filed on March 10, 2004.
    Applicants' Address: 400 Robert Street North, St. Paul, MN 55101.

Advantus Mortgage Securities Fund, Inc. [File No. 811-4140]; Advantus 
Spectrum Fund, Inc. [File No. 811-4143]; Advantus Bond Fund, Inc. [File 
No. 811-5026]; Advantus Venture Fund, Inc. [File No. 811-7817]; 
Advantus Cornerstone Fund, Inc. [File No. 811-8586]; and Advantus Real 
Estate Securities Fund, Inc. [File No. 811-9139]

    Summary: Each applicant seeks an order declaring that it has ceased 
to be an investment company. On December 8, 2003, each applicant 
transferred its assets to a corresponding series of Ivy Funds, based on 
net asset value. Expenses of $264,346, $98,951, $43,675, $122,055, 
$115,715, and $137,792, respectively, incurred in connection with the 
reorganizations were paid by Advantus Capital Management, Inc., 
investment adviser to each applicant.
    Filing Date: The applications were filed on March 10, 2004.
    Applicants' Address: 400 Robert Street North, St. Paul, MN 55101.

Van Kampen U.S. Government Trust for Income [File No. 811-6724]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On September 13, 2002, applicant transferred 
its assets to Van Kampen Government Securities Fund, based on net asset 
value. Expenses of $204,538 incurred in

[[Page 17251]]

connection with the reorganization were paid by applicant.
    Filing Dates: The application was filed on January 21, 2004, and 
amended on March 11, 2004.
    Applicant's Address: 1 Parkview Plaza, Oakbrook Terrace, IL 60181-
5555.

Van Kampen Senior Floating Rate Fund [File No. 811-8589]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On June 13, 
2003, applicant transferred its assets to Van Kampen Senior Loan Fund 
(formerly known as Van Kampen Prime Rate Income Trust), based on net 
asset value. Expenses of $410,065 incurred in connection with the 
reorganization were paid by applicant and the acquiring fund.
    Filing Dates: The application was filed on January 21, 2004, and 
amended on March 11, 2004.
    Applicant's Address: 1 Parkview Plaza, Oakbrook Terrace, IL 60181-
5555.

PIMCO Diversified Income Fund [File No. 811-21361]

    Summary: Applicant, a closed-end investment company, 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 or engage in business of any kind.
    Filing Dates: The application was filed on February 9, 2004, and 
amended on March 9, 2004.
    Applicant's Address: 1345 Avenue of the Americas, New York, NY 
10105.

Separate Account Ten of Integrity Life Insurance Co. [File No. 811-
08645]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. Shareholders on December 5, 2003 approved 
applicant's merger with another fund, and applicant distributed its 
assets on December 15, 2003. The fund surviving the merger is the 
Touchstone Enhanced Dividend 30 Fund. Touchstone Advisors. Inc., 
investment adviser to Separate Account Ten of Integrity Life Insurance 
Company, paid expenses of $102,000 incurred in connection with the 
merger.
    Filing Date: The application was filed on January 22, 2004.
    Applicant's Address: 515 West Market Street, Louisville, KY 40202.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 04-7274 Filed 3-31-04; 8:45 am]
BILLING CODE 8010-01-P