[Federal Register Volume 70, Number 150 (Friday, August 5, 2005)]
[Notices]
[Pages 45444-45446]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E5-4196]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-27023]


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

July 29, 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 
July, 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 August 24, 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

[[Page 45445]]

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 CONTACT: 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.

The BlackRock 2012 Term Trust, BlackRock Strategic High Yield Trust and 
BlackRock Real Estate Income Trust

[File No. 811-10185, File No. 811-10613 and File No. 811-21240]

    Summary: Each applicant, a closed-end investment company, seeks an 
order declaring that it has ceased to be an investment company. 
Applicants have never made a public offering of their securities and do 
not propose to make public offerings or engage in business of any kind.
    Filing Dates: The applications were filed on May 11, 2005, and 
amended on July 20, 2005.
    Applicants' Address: 100 Bellevue Parkway, Wilmington, DE 19809.

The BlackRock Investment Quality Term Trust Inc.

[File No. 811-6541]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On June 10, 
2005, applicant made a final distribution of $10 per share to all 
shareholders. Expenses of $18,500 incurred in connection with the 
liquidation were paid by applicant.
    Filing Dates: The application was filed on April 29, 2005, and 
amended on July 20, 2005.
    Applicant's Address: 100 Bellevue Parkway, Wilmington, DE 19809.

BlackRock New York Municipal 2020 Term Trust, BlackRock California 
Municipal 2020 Term Trust, BlackRock High Yield Opportunity Trust, 
BlackRock Preferred Opportunity Trust II, BlackRock New Jersey 
Municipal 2020 Term Trust and BlackRock Rising Rate Trust

[File No. 811-21182, File No. 811-21183, File No. 811-21273, File No. 
811-21325, File No. 811-21402 and File No. 811-21618]

    Summary: Each applicant, a closed-end investment company, seeks an 
order declaring that it has ceased to be an investment company. The 
applicants have never made a public offering of their securities and do 
not propose to make a public offering or engage in business of any 
kind.
    Filing Dates: The applications were filed on February 3, 2005, and 
amended on July 20, 2005.
    Applicants' Address: 100 Bellevue Parkway, Wilmington, DE 19809.

de Leon Funds Trust

[File No. 811-9345]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On November 8, 2000, applicant made a final 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of approximately $11,500 incurred in connection with the 
liquidation were paid by applicant and its investment adviser, de Leon 
Capital Management, L.L.C.
    Filing Dates: The application was filed on May 11, 2005, and 
amended on July 21, 2005.
    Applicant's Address: 116 South Franklin St., P.O. Box 69, Rocky 
Mount, NC 27802-0069.

Hatteras Income Securities, Inc.

[File No. 811-2352]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On February 
28, 2005, applicant made a liquidating distribution to its 
shareholders, based on net asset value. Expenses of $33,000 incurred in 
connection with the liquidation were paid by Banc of America Capital 
Management, LLC, applicant's investment adviser.
    Filing Date: The application was filed on June 9, 2005.
    Applicant's Address: One Bank of America Plaza, 101 South Tryon 
St., Charlotte, NC 28255.

CIGNA Investment Securities

[File No. 811-2299]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On April 22, 
2005, applicant transferred its assets to BlackRock Core Bond Total 
Return Portfolio, a series of BlackRock Funds, based on net asset 
value. Expenses of $424,643 incurred in connection with the 
reorganization were paid by CIGNA Investment Advisors, Inc. and 
BlackRock Advisors, Inc., applicant's investment advisers.
    Filing Date: The application was filed on June 15, 2005.
    Applicant's Address: c/o CIGNA Investment Advisors, Inc., 280 
Trumbull St., Hartford, CT 06103.

Advantage Advisers Xanthus II, L.L.C.

[File No. 811-21476]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On March 10, 
2005, each applicant made a liquidating distribution to its 
shareholders, based on net asset value. Applicant incurred expenses of 
$90,149, in connection with the liquidation.
    Filing Date: The application was filed on June 24, 2005.
    Applicant's Address: c/o Oppenheimer & Co., Inc., 200 Park Ave., 
24th Floor, New York, NY 10116.

USA REIT Fund LLC

[File No. 811-21430]

    Summary: Applicant, a closed-end management company, seeks an order 
declaring that it has ceased to be an investment company. On May 6, 
2005, applicant made a final liquidating distribution to its 
shareholders, based on net asset value. Expenses of $153,596 incurred 
in connection with the liquidation were paid by applicant.
    Filing Dates: The application was filed on May 31, 2005, and 
amended on July 12, 2005.
    Applicant's Address: 425 Walnut St., Cincinnati, OH 45202.

American Income Trust 4 to 10 Year Term, Series 1

[File No. 811-2649]

    Summary: Applicant, a unit investment trust, seeks an order 
declaring that it has ceased to be an investment company. On December 
1, 1993, applicant made a liquidating distribution to its shareholders, 
based on net asset value. Applicant incurred no expenses in connection 
with the liquidation.
    Filing Date: The application was filed on June 30, 2005.
    Applicant's Address: c/o B.C. Ziegler and Company, 250 East 
Wisconsin Ave., Milwaukee, WI 53202.

Great Companies LLC

[File No. 811-21436]

    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 and does not propose to make a public offering or engage 
in business of any kind.
    Filing Dates: The application was filed on February 15, 2005, and 
amended on July 21, 2005.
    Applicant's Address: 635 Court St., Suite 100, Clearwater, FL 
33756.

[[Page 45446]]

Great-West Variable Annuity Account A

[File No. 811-1737]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On April 18, 2005, at a meeting of the fewer 
than one-hundred Account A participants eligible to vote, approval was 
granted to file an application to terminate the registration of Account 
A. Applicant states that, over 20 years ago it ceased issuing new 
contracts funded by Account A, and that, since May 1, 1989, Applicant 
has not accepted additional contributions under existing contracts. 
Applicant further states that it is not making and does not presently 
propose to make a public offering of its securities.
    Filing Dates: The application was filed on May 19, 2005; and an 
amended application was filed on July 25, 2005.
    Applicant's Address: 8515 East Orchard Road, Greenwood Village, CO 
80111.

Strong Variable Insurance Funds, Inc.

[File No. 811-6553]

    Summary: As part of the merger of Strong Funds family into Wells 
Fargo Advantage Funds family, a series of the Strong Funds, Strong 
Variable Insurance Funds, Inc., (``Fund or Applicant'') will be merged 
into two series of the Wells Fargo Variable Trust, Wells Fargo Variable 
Trust Discovery fund and Wells Fargo Variable Trust Multi Cap fund. 
Applicant seeks an order declaring that is has ceased to be an 
investment company. On August 13, 2004, the board of directors of the 
Strong Variable Insurance Funds, Inc. (the ``Fund'') approved the 
merger of the Fund. On December 10, 2004, shareholders approved the 
merger. Expenses of approximately $104,205.20 were incurred in 
connection with the merger of the Strong Funds family into the Wells 
Fargo Advantage Funds family. All expenses incurred in connection with 
the merger were paid by Wells Fargo Funds Management, LLC and Strong 
Financial Corporation. 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: April 21, 2005 and amended June 21, 2005.
    Applicant's Address: 100 Heritage Reserve, Menomnee Falls, 
Wisconsin 53051.

Strong Opportunity Fund II, Inc.

[File No. 811-6552]

    Summary: As part of the merger of the Strong Funds family into the 
Wells Fargo Advantage Funds family, a series of the Strong Funds, 
Strong Opportunity Fund II, Inc., (``Fund or Applicant'') will be 
merged into the Wells Fargo Variable Trust Opportunity Fund. Applicant 
seeks an order declaring that is has ceased to be an investment 
company. On August 13, 2004, the board of directors of the Strong 
Variable Insurance Funds, Inc. approved the merger of the Fund into the 
Wells Fargo Variable Trust Opportunity Fund. On December 10, 2004, 
shareholders approved the merger. Expenses of approximately $104,205.20 
were incurred in connection with the merger of the Strong Funds family 
into Wells Fargo Advantage Funds family. All expenses incurred in 
connection with the merger were paid by Wells Fargo Funds Management, 
LLC and Strong Financial Corporation. 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: April 21, 2005, and amended June 21, 2005.
    Applicant's Address: 100 Heritage Reserve, Menomnee Falls, 
Wisconsin 53051.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Jill M. Peterson,
Assistant Secretary.
[FR Doc. E5-4196 Filed 8-4-05; 8:45 am]
BILLING CODE 8010-01-P