[Federal Register Volume 72, Number 22 (Friday, February 2, 2007)]
[Notices]
[Pages 5087-5090]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E7-1718]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-27689]


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

 January 26, 2007.
    The following is a notice of applications for deregistration under 
section 8(f) of the Investment Company Act of 1940 for the month of 
January, 2007. 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 February 
21, 2007, 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, U.S. Securities and Exchange Commission, 100 
F Street, NE., Washington, DC 20549-1090.
    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 20549-4041.

Boston Advisors Trust [File No. 811-9675]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On June 18, 2005, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of $32,088 incurred in connection with the liquidation were 
paid by applicant.
    Filing Date: The application was filed on January 11, 2007.
    Applicant's Address: One Federal St., Boston, MA 02110.

Credit Suisse New York Municipal Fund [File No. 811-4964]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On October 17, 2006, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of $6,000 incurred in connection with the liquidation were 
paid by Credit Suisse Asset Management, LLC, applicant's investment 
adviser. Applicant has retained $9,535 in cash for the payment of 
remaining liquidation expenses.
    Filing Date: The application was filed on December 27, 2006.
    Applicant's Address: C/O Credit Suisse Asset Management, LLC, 
Eleven Madison Ave., New York, NY 10010.

[[Page 5088]]

Morgan Stanley Global Utilities Fund [File No. 811-7119]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On December 8, 2006, applicant transferred 
its assets to Morgan Stanley Utilities Fund, based on net asset value. 
Expenses of approximately $272,500 incurred in connection with the 
reorganization were paid by Morgan Stanley Investment Advisors Inc., 
applicant's investment adviser.
    Filing Dates: The application was filed on December 7, 2006, and 
amended on January 18, 2007.
    Applicant's Address: Morgan Stanley Investment Advisors Inc., 1221 
Avenue of the Americas, New York, NY 10020.

Morgan Stanley Balanced Income Fund [File No. 811-7243]

Morgan Stanley Income Builder Fund [File No. 811-7575]

    Summary: Each applicant seeks an order declaring that it has ceased 
to be an investment company. On September 15, 2006, each applicant 
transferred its assets to Morgan Stanley Balanced Fund, based on net 
asset value. Expenses of approximately $186,000 and $181,000, 
respectively, incurred in connection with the reorganizations were paid 
by Morgan Stanley Investment Advisors Inc., applicants' investment 
adviser.
    Filing Dates: The applications were filed on November 20, 2006, and 
amended on January 18, 2007.
    Applicants' Address: Morgan Stanley Investment Advisors Inc., 1221 
Avenue of the Americas, New York, NY 10020.

UMB Scout Money Market Fund, Inc. [File No. 811-3528]

UMB Scout Tax-Free Money Market Fund, Inc. [File No. 811-3556]

UMB Scout Stock Fund, Inc. [File No. 811-3557]

UMB Scout Bond Fund, Inc. [File No. 811-3558]

UMB Scout WorldWide Fund, Inc. [File No. 811-7472]

UMB Scout Kansas Tax-Exempt Bond Fund, Inc. [File No. 811-8513]

    Summary: Each applicant seeks an order declaring that it has ceased 
to be an investment company. Between April 1, 2005 and April 12, 2005, 
each applicant transferred its assets to corresponding series of UMB 
Scout Funds, based on net asset value. Expenses of approximately 
$15,250 incurred in connection with each reorganization were paid by 
Scout Investment Advisors, Inc., applicants' investment adviser.
    Filing Date: The applications were filed on December 22, 2006.
    Applicants' Address: 1010 Grand Blvd., Kansas City, MO 64106.

UMB Scout Balanced Fund, Inc. [File No. 811-7323]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On December 20, 2004, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of approximately $15,250 incurred in connection with the 
liquidation were paid by Scout Investment Advisors, Inc., applicant's 
investment adviser.
    Filing Date: The application was filed on December 22, 2006.
    Applicant's Address: 1010 Grand Blvd., Kansas City, MO 64106.

The Jundt Growth Fund, Inc. [File No. 811-6317]

Jundt Funds, Inc. [File No. 811-9128]

American Eagle Funds, Inc. [File No. 811-9699]

    Summary: Each applicant seeks an order declaring that it has ceased 
to be an investment company. On November 30, 2006, each applicant made 
a liquidating distribution to its shareholders, based on net asset 
value. Expenses of approximately $61,200, $176,549 and $47,624, 
respectively, incurred in connection with the liquidations were paid by 
each applicant.
    Filing Date: The applications were filed on December 13, 2006.
    Applicants' Address: 301 Carlson Parkway, Suite 120, Minnetonka, MN 
55305.

Bremer Investment Funds, Inc. [File No. 811-7919]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On November 13, 2006, applicant transferred 
its assets to T. Rowe Price Blue Chip Growth Fund, Inc. and T. Rowe 
Price New Income Fund, Inc., based on net asset value. Expenses of 
$179,475 incurred in connection with the reorganization were paid by 
Bremer Trust, National Association, applicant's investment adviser.
    Filing Date: The application was filed on December 15, 2006.
    Applicant's Address: 445 Minnesota St., Suite 2000, St. Paul, MN 
55101.

Putnam Managed High Yield Trust [File No. 811-7658]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On October 
30, 2006, applicant transferred its assets to Putnam High Yield Trust, 
based on net asset value. Expenses of $249,360 incurred in connection 
with the reorganization were paid by applicant.
    Filing Dates: The application was filed on November 8, 2006, and 
amended on December 22, 2006.
    Applicant's Address: One Post Office Sq., Boston, MA 02109.

Oppenheimer Total Return Bond Fund [File No. 811-21268]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On March 24, 2006, applicant transferred its 
assets to Oppenheimer Core Bond Fund, a series of Oppenheimer Integrity 
Funds, based on net asset value. Expenses of $35,663 incurred in 
connection with the reorganization were paid by applicant.
    Filing Dates: The application was filed on August 9, 2006, and 
amended on January 11, 2007 and January 23, 2007.
    Applicant's Address: 6803 S. Tucson Way, Centennial, CO 80112.

Tep Fund, Inc. [File No. 811-3609]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. On November 
28, 2006, applicant merged with Tep Acquisition, Inc., a newly formed 
New York corporation, with applicant being the surviving entity. As a 
result of the reorganization, applicant has two beneficial shareholders 
and will continue to operate as a private investment fund in reliance 
on section 3(c)(1) of the Act. Applicant is not presently making a 
public offering of its securities and does not propose to make a public 
offering.
    Filing Dates: The application was filed on November 29, 2006, and 
amended on January 11, 2007 and January 25, 2007.
    Applicant's Address: 1675 Broadway, 16th Floor, New York, NY 10019.

Credit Suisse Alternative Capital Event Driven Master Fund, LLC [811-
21738]

Credit Suisse Alternative Capital Relative Value Master Fund, LLC [811-
21740]

Credit Suisse Alternative Capital Tactical Trading Master Fund, LLC 
[811-21741]

    Summary: Each applicant, a closed-end investment company, seeks an 
order declaring that it has ceased to be an investment company. Each 
applicant serves as a master fund for two feeder

[[Page 5089]]

funds in a master-feeder structure. Each applicant is beneficially 
owned by an affiliate of applicants' investment adviser, who is the 
sole unitholder of the respective feeder funds. Applicants are not 
presently making a public offering of their securities and do not 
propose to make a public offering. Each applicant will continue to 
operate as a private investment vehicle in reliance on section 3(c)(1) 
of the Act.
    Filing Date: The applications were filed on January 3, 2007.
    Applicants' Address: 11 Madison Ave., 13th Floor, New York, NY 
10010.

Credit Suisse Alternative Capital Relative Value Fund, LLC [811-21660]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Applicant has 
one remaining shareholder, who is an affiliate of applicant's 
investment adviser. Applicant is not presently making a public offering 
of its securities and does not propose to make a public offering. 
Applicant will continue to operate as a private investment fund in 
reliance on section 3(c)(1) of the Act.
    Filing Date: The application was filed on January 3, 2007.
    Applicant's Address: 11 Madison Ave., 13th Floor, New York, NY 
10010.

Credit Suisse Alternative Capital Relative Value Institutional Fund, 
LLC [811-21642]

Credit Suisse Alternative Capital Tactical Trading Institutional Fund, 
LLC [811-21643]

Credit Suisse Alternative Capital Event Driven Institutional Fund, LLC 
[811-21645]

Credit Suisse Alternative Capital Event Driven Fund, LLC [811-21659]

Credit Suisse Alternative Capital Tactical Trading Fund, LLC [811-
21661]

    Summary: Each applicant, a closed-end investment company, seeks an 
order declaring that it has ceased to be an investment company. Each 
applicant conducted a tender offer, which provided that all unitholders 
who tendered their units would receive the applicant's per unit net 
asset value as of December 29, 2006. As of December 29, 2006, each 
applicant had one remaining unitholder, an affiliate of the applicants' 
investment adviser. Applicants are not presently making a public 
offering of their securities and do not propose to make a public 
offering. Each applicant will continue to operate as a private 
investment fund in reliance on section 3(c)(1) of the Act.
    Filing Date: The applications were filed on January 3, 2007.
    Applicant's Address: 11 Madison Ave., 13th Floor, New York, NY 
10010.

Travelers Series Trust [File No. 811-6465]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On April 26, 2006 and April 27, 2006, 
Applicant made distributions of its assets to its shareholders in 
connection with its merger with various series of Met Investors Series 
Trust and Metropolitan Series Fund, Inc. Expenses of $1,188,978.67 were 
incurred in connection with the merger. These expenses were paid by 
each series of the trust on a pro rata basis based on total net assets, 
except for the U.S. Government Securities Portfolio, whose expenses 
were paid by the surviving portfolio, the U.S. Government Portfolio, a 
series of the Metropolitan Series Fund, Inc.
    Filing Dates: The application was filed on October 3, 2006, and 
amended on January 10, 2007.
    Applicant's Address: One Cityplace, Hartford, CT 06103.

Capital Appreciation Fund [File No. 811-3429]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On April 26, 2006, Applicant made a 
distribution of its assets to its shareholders in connection with its 
merger with Janus Capital Appreciation Portfolio, a series of Met 
Investors Series Trust. Expenses of $200,146.06 were incurred in 
connection with the merger. These expenses were paid by Metropolitan 
Life Insurance Company and/or its affiliates. Metropolitan Life 
Insurance Company is an affiliate of the trust's investment adviser.
    Filing Date: The application was filed on October 3, 2006.
    Applicant's Address: One Cityplace, Hartford, CT 06103.

High Yield Bond Trust [File No. 811-3428]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On April 26, 2006, Applicant made a 
distribution of its assets to its shareholders in connection with its 
merger with Western Asset Management High Yield Bond Portfolio, a 
series of Metropolitan Series Fund, Inc. Expenses of $58,910.27 were 
incurred in connection with the merger. These expenses were paid by 
Metropolitan Life Insurance Company and/or its affiliates. Metropolitan 
Life Insurance Company is an affiliate of the trust's investment 
adviser.
    Filing Date: The application was filed on October 3, 2006.
    Applicant's Address: One Cityplace, Hartford, CT 06103.

Managed Assets Trust [File No. 811-3568]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On April 26, 2006, Applicant made a 
distribution of its assets to its shareholders in connection with its 
merger with Legg Mason Partners Managed Assets Portfolio, a series of 
Met Investors Series Trust. Expenses of $51,670.16 were incurred in 
connection with the merger. These expenses were paid by Metropolitan 
Life Insurance Company and/or its affiliates. Metropolitan Life 
Insurance Company is an affiliate of the trust's investment adviser.
    Filing Date: The application was filed on October 3, 2006.
    Applicant's Address: One Cityplace, Hartford, CT 06103.

Money Market Portfolio [File No. 811-3274]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On April 26, 2006, Applicant made a 
distribution of its assets to its shareholders in connection with its 
merger with BlackRock Money Market Portfolio, a series of Metropolitan 
Series Fund, Inc. Expenses of $74,214.31 were incurred in connection 
with the merger. These expenses were paid by the Money Market 
Portfolio.
    Filing Date: The application was filed on October 3, 2006.
    Applicant's Address: One Cityplace, Hartford, CT 06103.

Financial Investors Variable Insurance Trust [File No. 811-10215]

    Summary: Financial Investors Variable Insurance Trust seeks an 
order declaring that it has ceased to be an investment company. On 
February 22, 2006, applicant made a liquidating distribution to its 
shareholders, based on net asset value. Expenses of $12,009 incurred in 
connection with the liquidation were paid by First Tennessee Bank N.A., 
applicant's sponsor.
    Filing Dates: The application was filed on September 22, 2006 and 
amended on November 30, 2006.
    Applicant's Address: Financial Investors Variable Insurance Trust, 
1625 Broadway, Suite 2200, Denver, CO 80202.


[[Page 5090]]


    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Florence E. Harmon,
Deputy Secretary.
 [FR Doc. E7-1718 Filed 2-1-07; 8:45 am]
BILLING CODE 8010-01-P