[Federal Register Volume 70, Number 126 (Friday, July 1, 2005)]
[Notices]
[Pages 38219-38220]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-3460]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-26983]


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

June 24, 2005.
    The following is a notice of applications for deregistration under 
section 8(f) of the Investment Company Act of 1940 for the month of 
June, 2005. A copy of each application may be obtained for a fee at the 
SEC's Public Reference Branch (tel. 202-551-5850). 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 July 20, 2005, 
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, 100 F Street, NE., Washington, DC 20549-0609. For 
Further Information Conact: Diane L. Titus at (202) 551-6810, SEC, 
Division of Investment Management, Office of Investment Company 
Regulation, 100 F Street, NE., Washington, DC 20549-0504.

Bessemer Funds Trust [File No. 811-10355]

    Summary: Applicant, a closed-end management company, seeks an order 
declaring that it has ceased to be an investment company. On April 19, 
2005, applicant made a final liquidating distribution to its 
shareholders based on net asset value. Applicant paid $104,300 in 
expenses incurred in connection with the liquidation.
    Filing Dates: The application was filed on May 26, 2005, and 
amended on June 17, 2005.
    Applicant's Address: 630 Fifth Ave., 37th Floor, New York, NY 
10111.

Kit Cole Investment Trust [File No. 811-9887]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On December 29, 2004, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of $15,466 incurred in connection with the liquidation were 
paid by Kit Cole Investment Advisory Services, Inc., applicant's 
investment adviser.
    Filing Date: The application was filed on May 26, 2005.
    Applicant's Address: 851 Irwin St., San Rafael, CA 94901.

Strong Large Cap Growth Fund, Inc. [File No. 811-3254]
Strong Balanced Fund, Inc. [File No. 811-3256]
Strong Opportunity Fund, Inc. [File No. 811-3793]
Strong Money Market Fund, Inc. [File No. 811-4374]
Strong Equity Funds II, Inc. [File No. 811-4384]
Strong Corporate Bond Fund, Inc. [File No. 811-4390]
Strong Municipal Bond Fund, Inc. [File No. 811-4769]

[[Page 38220]]

Strong Municipal Funds, Inc. [File No. 811-4770]
Strong Government Securities Fund, Inc. [File No. 811-4798]
Strong Short-Term Bond Fund, Inc. [File No. 811-5108]
Strong Discovery Fund, Inc. [File No. 811-5341]
Strong Advantage Fund, Inc. [File No. 811-5667]
Strong Common Stock Fund, Inc. [File No. 811-5687]
Strong Income Funds, Inc. [File No. 811-6195]
Strong Short-Term Municipal Bond Fund, Inc. [File No. 811-6409]
Strong International Equity Funds, Inc. [File No. 811-6524]
Strong Heritage Reserve Series, Inc. [File No. 811-7285]
Strong Income Funds II, Inc. [File No. 811-7335]
Strong Conservative Equity Funds, Inc. [File No. 811-7656]
Strong Asia Pacific Fund, Inc. [File No. 811-8098]
Strong Equity Funds, Inc. [File No. 811-8100]
Strong Short-Term Global Bond Fund, Inc. [File No. 811-8320]
Strong Life Stage Series, Inc. [File No. 811-9091]
Strong Income Trust [File No. 811-21209]

    Summary: Each applicant seeks an order declaring that it has ceased 
to be an investment company. On April 11, 2005, each applicant 
transferred its assets to Wells Fargo Funds Trust, based on net asset 
value. All expenses incurred in connection with each applicant's 
reorganization were paid by Wells Fargo Funds Management, LLC, 
applicants' current investment adviser, and Strong Capital Management, 
Inc., applicants' previous investment adviser. Certain contingent 
rights, claims and liabilities of each applicant relating to 
shareholder class actions and derivative actions involving late trading 
and market timing allegations were transferred to a liquidating trust 
for the benefit of each applicant's former shareholders. Upon 
resolution of these claims by the liquidating trust, the trustees will 
distribute any net proceeds to former shareholders in a manner 
consistent with applicable law and the fiduciary duties of the 
trustees. In addition, each applicant's former shareholders may be 
entitled to certain amounts paid pursuant to regulatory settlements of 
market-timing and related investigations. An independent distribution 
consultant was retained by Strong Capital Management, Inc., applicants' 
investment adviser, to oversee the distribution of these amounts to 
shareholders.
    Filing Dates: The applications were filed on April 21, 2005, and 
amended on June 15, 2005 and June 21, 2005.
    Applicants' Address: 100 Heritage Reserve, Menomonee Falls, WI 
53051.

Transamerica Index Funds, Inc. [File No. 811-21094]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On October 29, 2004, applicant's sole 
shareholder redeemed its interest at net asset value. No expenses were 
incurred in connection with the liquidation.
    Filing Dates: The application was filed on December 13, 2004, and 
amended on June 9, 2005.
    Applicant's Address: 570 Carillon Parkway, St. Petersburg, FL 
33716.

Safeco Resource Series Trust [File No. 811-4717]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On December 10, 2004, Applicant distributed 
all of its assets to its shareholders based on net asset value pursuant 
to an agreement approved by the Applicant's shareholders to merge each 
portfolio of the Applicant into the corresponding portfolio of Pioneer 
Variable Contracts Trust. Aggregate expenses of approximately $793,778 
incurred in connection with the reorganization and merger will be paid 
by Symetra Financial Corporation and by Pioneer Investment Management, 
Inc.
    Filing Dates: The application was filed on February 10, 2005, and 
amended on June 6, 2005, and June 10, 2005.
    Applicant's Address: Safeco Mutual Funds, 4854 154th Place, NE., 
Redmond, Washington 98052

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E5-3460 Filed 6-30-05; 8:45 am]
BILLING CODE 8010-01-P