[Federal Register Volume 63, Number 152 (Friday, August 7, 1998)]
[Notices]
[Pages 42472-42473]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-21171]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-23369]


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

July 31, 1998.
    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 1998. A copy of each application may be obtained for a fee at the 
SEC's Public Reference Branch, 450 Fifth St., N.W., Washington, DC 
20549 (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 August 25, 1998, 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, N.W., Washington, DC 20549. For Further Information Contact: 
Diane L. Titus, at (202) 942-0564, SEC, Division of Investment 
Management, Office of Investment Company Regulation, Mail Stop 5-6, 450 
Fifth Street, N.W., Washington, DC 20549.

GTF Advantage Funds [File No. 811-8353]

    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 May 6, 1998, and amended 
on June 30, 1998.
    Applicant's Address: 350 Park Avenue, New York, New York 10022.

John Hancock Investment Trust IV [File No. 811-5732]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On December 5, 1997, applicant transferred 
all of its assets to John Hancock Growth Fund, a series of John Hancock 
Investment Trust III (``Trust III'') at net asset value. Applicant and 
Trust III paid approximately $84,500 and $74,407, respectively, in 
expenses in connection with the transaction.
    Filing Date: The application was filed on May 26, 1998.
    Applicant's Address: 101 Huntington Avenue, Boston, MA 02199-7603.

TCW/DW Balanced Fund [File No. 811-7558]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On March 16, 1998 applicant transferred all 
of its assets to Dean Witter Balanced Growth Fund (``Growth Fund'') at 
net asset value. Applicant and Growth Fund paid approximately $160,000 
and $10,000, respectively, in expenses in connection with the 
transaction.
    Filing Date: The application was filed on May 29, 1998.
    Applicant's Address: Two World Trade Center, New York, New York 
10048.

The BlackRock Government Income Trust [File No. 811-6334]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On January 30, 1998 applicant transferred all 
of its assets to Short-Intermediate Term Series (``SIT Series''), a 
series of Prudential Government Securities Trust, at net asset value. 
SIT Series paid $158,824.21 in expenses in connection with the 
transaction.
    Filing Date: The application was filed on May 12, 1998.
    Applicant's Address: Gateway Center Three, 100 Mulberry Street, 
Newark, NJ 07102-4077.

Oppenheimer Strategic Income & Growth Fund [File No. 811-6639]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On June 20, 1997, applicant transferred all 
of its assets to Oppenheimer Multiple Strategic Fund (``Strategies 
Fund''), based on the relative net asset values per share. Applicant 
and Strategic Fund paid $32,345 and $30,423, respectively, in expenses 
in connection with the transaction.
    Filing Date: The application was filed on November 28, 1997, and 
amended on June 24, 1998.
    Applicant's Address: Two World Trade Center, New York, New York 
10048-0203.

Jefferson-Pilot Investment Grade Bond Fund, Inc. [File No. 811-
2808]; Jefferson-Pilot Capital Appreciation Fund, Inc. [File No. 
811-2013]

    Summary: Each applicant seeks an order declaring that it has ceased 
to be an investment company. On December 20, 1996, each applicant 
transferred substantially all of its assets and liabilities to the 
Oppenheimer Bond Fund, a series of Oppenheimer Integrity Funds, and the 
Oppenheimer Growth Fund (collectively, the ``Oppenheimer Funds''), 
respectively, based on the relative net asset values per share. 
Approximately $189,000 in expenses were incurred. Oppenheimer Funds, 
Inc., investment adviser to the Oppenheimer Funds, paid $100,000, and 
JP Investment Management Company, applicants' investment adviser, paid 
approximately $89,000 in the aggregate in connection with the two 
reorganizations.
    Filing Dates: Each application was filed on September 17, 1997, and 
amended on October 27, 1997, and June 30, 1998.
    Applicants' Address: 100 North Greene Street, Greensboro, North 
Carolina 27401.

Colonial Value Investing Portfolios--Income Portfolio [File No. 
811-5217]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On June 5, 1992

[[Page 42473]]

applicant transferred all of its assets to corresponding series of 
Colonial Trust I, Colonial Trust II and Colonial Trust IV at net asset 
values. The four series of applicant, Money Market Fund, High Income 
Fund, Federal Securities Fund and High Yield Municipal Bond Fund paid 
$15,956, $22,188, $38,011, and $22,472, respectively, in expenses in 
connection with the transaction. Colonial Trust I, Colonial Trust II, 
and Colonial Trust IV paid $16,825, $38,860, and $22,375, respectively, 
in expenses.
    Filing Dates: The application was filed on June 2, 1998 and amended 
on July 20, 1998.
    Applicant's Address: One Financial Center, Boston, MA 02111.

Putnam Dividend Growth Fund [File No. 811-4523]; Putnam Diversified 
Premium Income Trust [File No. 811-5800]

    Summary: Each applicant seeks an order declaring that it has ceased 
to be an investment company. On September 23, 1995, Putnam Dividend 
Growth Fund transferred its assets and liabilities to Putnam Growth and 
Income Fund II (``Growth and Income Fund''), based on the relative net 
asset value per share of each fund. Applicant and Growth and Income 
Fund paid $102,848 and $64,220, respectively, in expenses related to 
the reorganization. On January 20, 1992, Putnam Diversified Premium 
Income Trust transferred its assets and liabilities to Putnam 
Diversified Income Trust (``Diversified Income Trust''), based on the 
relative net asset value per share of each fund. Applicant and 
Diversified Income Trust paid $131,357, and $120,791, respectively, in 
expenses related to the reorganization.
    Filing Date: Each application was filed on June 25, 1998.
    Applicants' Address: One Post Office Square, Boston, Massachusetts 
02109.

Vanguard Small Capitalization Stock Fund, Inc. [File No. 811-928]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On January 31, 1994, applicant transferred 
all of its assets to Small Capitalization Stock Portfolio, a series of 
Vanguard Index Trusts, based on applicant's net asset value per share. 
Applicant paid $29,234 in expenses in connection with the transaction.
    Filing Dates: The application was filed on April 6, 1998 and 
amended on July 24, 1998.
    Applicant's Address: P.O. Box 110, Valley Forge, PA 19482

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Jonathan G. Katz,
Secretary.
[FR Doc. 98-21171 Filed 8-6-98; 8:45 am]
BILLING CODE 8010-01-M