Common use of Accuracy of Descriptions and Exhibits Clause in Contracts

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares],” “[Certain Provisions in the Declaration of Trust and By-Laws]” and “[Federal Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “["Description of Shares]Capital Structure,” “[Certain " "Anti-Takeover Provisions in the Declaration of Trust Trust" and By-Laws]” and “["Federal Income Tax Matters]” " in the Preliminary Prospectus and the Prospectus and “Federal Income Tax Matters” "Taxes" in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] lawthe Delaware Statutory Trust Act, the Fund’s Organizational Documents's Declaration of Trust, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]Closed-End Fund Structure,” “[Certain Provisions in of the Agreement and Declaration of Trust and By-Laws]laws, Including Antitakeover Provisions” and “[Certain Federal Income Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Certain Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Investment Company Act, [JURISDICTION OF INCORPORATRION] lawthe Delaware Statutory Trust Act, the Fund’s Organizational DocumentsDeclaration of Trust, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus Statement and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus Statement or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Securities Act or the Rules and Regulations Investment Company Act which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]Closed-End Fund Structure,” “[Certain Provisions in of the Agreement and Declaration of Trust and By-Laws]” and “[Certain Federal Income Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Investment Company Act, [JURISDICTION OF INCORPORATRION] lawthe Delaware Statutory Trust Act, the Fund’s Organizational DocumentsDeclaration of Trust, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus Statement and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus Statement or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Securities Act or the Rules and Regulations Investment Company Act which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “["Description of Shares],” “[Certain Provisions in the Declaration of Trust and By-Laws]” and “[Federal Tax Matters]” Capital Structure " in the Preliminary Prospectus and the Prospectus Prospectus, and “"Anti-Takeover Provisions in the Agreement and Declaration of Trust" and "Federal Income Tax Matters” " in the Preliminary Prospectus, the Prospectus and Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Massachusetts law, the common shares or the Fund’s Organizational Documents's Declaration of Trust, U.S. United States federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings [“[Description of Shares],Distributions” and “[Certain Provisions in the Declaration of Trust and By-Laws]” and “[Federal Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Federal Income Description of Shares,” “Leverage” and “Tax Matters” in the Preliminary Prospectus, the Prospectus and Statement of Additional Information], insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Massachusetts law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respectsrespects the matters therein described; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]Taxation,” “[Certain Provisions in Voting Rights of Common Shareholders,” “Description of the Declaration Common Shares,” “Repurchase of Trust and By-Laws]Common Shares” and “[Federal Tax Matters]Anti-Takeover Provisions” in the Preliminary Prospectus and the Prospectus Prospectus, and “Federal Income Tax MattersAspects” in the Fund’s Statement of Additional Information], insofar as such statements purport to summarize certain provisions of the 1940 Investment Company Act, [JURISDICTION OF INCORPORATRION] Delaware law, the Fund’s Organizational DocumentsDeclaration of Trust, the Bylaws, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus Statement and the Prospectus of any Fund documents are accurate in all material respects; and there are no material franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus Statement or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Securities Act or the Rules and Regulations Investment Company Act which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares],” “[Certain Anti-Takeover and Other Provisions in the Declaration of Trust and By-Laws]Trust” and “[Federal Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Massachusetts law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]Closed-End Fund Structure,” “[Certain Provisions in of the Agreement and Declaration of Trust and By-Laws]” and “[U.S. Federal Income Tax Matters]” in the Preliminary Prospectus and the Prospectus and “U.S. Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] lawthe Delaware Statutory Trust Act, the Fund’s Organizational DocumentsDeclaration of Trust, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of the Common Shares],” “[Certain Provisions in of the Declaration Fund’s Charter and Bylaws and of Trust and By-Laws]Maryland Law” and “[U.S. Federal Income Tax Matters]” in the Preliminary Prospectus and the Prospectus and “U.S. Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Investment Company Act, [JURISDICTION OF INCORPORATRION] Maryland law, the Fund’s Organizational DocumentsCharter and Bylaws, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus Statement or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Securities Act or the Rules and Regulations Investment Company Act which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “["Description of Shares],” “[" "Certain Provisions in the Declaration of Trust and By-Laws]” " and “["Federal Tax Matters]” " in the Preliminary Prospectus and the Prospectus and “"Federal Income Tax Matters” " in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Massachusetts law, the Fund’s Organizational Documents's Declaration of Trust, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Of The Common Shares],” “[Certain Provisions in the Declaration of Trust and By-Laws]Of The Fund’s Charter And Bylaws And Of Maryland Law” and “[U.S. Federal Income Tax Matters]” in the Preliminary Prospectus and the Prospectus and “U.S. Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Maryland law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares],” “[Certain Provisions in the Declaration of Trust and By-Laws]” and “[Federal Tax Matters]Leverage” in the Preliminary Prospectus and the Prospectus and “Federal Income Description of Shares and Debt” and “Tax Matters” in the Preliminary Prospectus, the Prospectus and Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Massachusetts law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respectsrespects the matters therein described; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as requiredRegulations.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings [“[Description of Shares],” “[Certain Provisions in the Declaration of Trust and By-Laws]” and “[Federal Tax Matters]” in the Preliminary Prospectus Registration Statement, the General Disclosure Package and the Prospectus and “Federal Income Tax Matters” ”] in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Massachusetts law, the FundTrust’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus General Disclosure Package and the Prospectus of any Fund Trust documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus General Disclosure Package or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]Limited Term,” “[Certain U.S. Federal Income Tax Matters,” “Description of Capital Structure” and “Repurchase of Shares and Other Discount Measures - Anti-Takeover Provisions in the Declaration of Trust and By-Laws]” and “[Federal Tax Matters]Trust” in the Preliminary Prospectus and the Prospectus Prospectus, and “Federal Income Tax MattersTaxes” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Delaware law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares],” “[Certain Provisions information in the Declaration of Trust and ByPre-Laws]” and “[Federal Tax Matters]” in the Preliminary Pricing Prospectus and the Prospectus under the captions “Dividend Policy,” “Management’s Discussion and Analysis of Financial Condition and Results of Operations—Liquidity and Capital Resources,” “Business—Intellectual Property,” “Business—Governmental Regulation,” “Business—Regulation in Israel,” “Description of Share Capital,” “Israeli Tax Considerations and Government Programs,” “Material U.S. Federal Income Tax MattersConsiderations,” and “Shares Eligible for Future Sale,” and the information in the Registration Statement under Items 14 and 15, in each case to the extent that it constitutes matters of Additional Informationlaw, insofar as such statements purport to summarize certain summaries of legal matters, summaries of provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] law, the FundCompany’s Organizational DocumentsDocuments or any other instruments or agreements, U.S. federal income tax law and regulations summaries of legal proceedings, or legal conclusions with respect theretoconclusions, fairly and accurately summarize such provisions is correct in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus General Disclosure Package and the Prospectus of any Fund documents other Company Documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments instruments, agreements or agreements documents required to be described or referred to in the Registration Statement, the Preliminary Pre-Pricing Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]Capital Structure,” “[Certain Anti-Takeover and Other Provisions in the Declaration of Trust and By-Laws]Trust” and “[Federal Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Massachusetts law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Preferred Shares],” “[The Auction,” “Certain Provisions in of the Agreement and Declaration of Trust and By-Laws]” and “[U.S. Federal Income Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Additional Information Concerning the Auctions for Preferred Shares” and “U.S. Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] lawthe Delaware Statutory Trust Act, the Preferred Shares, the Fund’s Organizational DocumentsStatement and Declaration of Trust, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]Capital Structure,” “[Certain Anti-Takeover Provisions in the Declaration of Trust and By-Laws]Trust” and “[Federal Income Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax MattersTaxes” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] lawthe Delaware Statutory Trust Act, the Fund’s Organizational DocumentsDeclaration of Trust, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Preferred Shares],” “[The Auction,” “Certain Provisions in of the Agreement and Declaration of Trust and By-Laws]” and “[U.S. Federal Income Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Additional Information Concerning the Auctions for Preferred Shares” and “U.S. Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] lawthe Delaware Statutory Trust Act, the Preferred Shares, the Fund’s Organizational DocumentsStatement and Agreement and Declaration of Trust, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]Stock,” “[Certain Provisions in of Maryland Law and of the Declaration of Trust Fund’s Charter and By-Laws]Bylaws” and “[Federal Tax Matters]Taxation” in the Preliminary Prospectus and Registration, the General Disclosure Package, the Prospectus and “Federal Income Tax MattersTaxation” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Maryland law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus Prospecuts and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus General Disclosure Package or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]The Public-Private Investment Program,” “[Risks – Risks Related to Investments in the Feeder PPIP Fund and Master PPIP Fund,” “Distributions” and “Certain Provisions in the Declaration of Trust and By-Laws]” and “[Federal Tax Matters]” in the Preliminary Prospectus and the Prospectus, “Description of Shares,” “Leverage” and “Tax Matters” in the Preliminary Prospectus, the Prospectus and Statement of Additional Information and “Federal Income Tax MattersInvestment Restrictions – Investment Limitations of the Fund with Respect to the Fund’s Interest in the Feeder PPIP Fund and the Master PPIP Fund” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respectsrespects the matters therein described; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares],” “[Certain Provisions in of the Declaration of Trust Charter and By-Laws]” and “[Federal Tax Matters]Taxation” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax MattersTaxation” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Maryland law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]Taxation,” “[Certain Provisions in Automatic Conversion to an Open-End Investment Company,” “Voting Rights of Common Shareholders,” “Description of the Declaration Common Shares,” “Repurchase of Trust and By-Laws]Common Shares” and “[Federal Tax Matters]Anti-Takeover Provisions” in the Preliminary Prospectus and the Prospectus Prospectus, and “Federal Income Tax MattersAspects” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Delaware law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares],” “[Certain Provisions in the Declaration Articles of Trust Incorporation and By-Laws]” and “[Federal Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] lawthe Annotated Code of Maryland, the Fund’s Organizational Documentsarticles of incorporation, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth information in the Prospectus under the headings “[captions "Business - Treatment Centers," "Business - Government Regulations," "Business - Federal Law," "Business - State Law," "Business - Reimbursement and Cost Containment," "Description of Shares]Capital Stock,” “[" "Certain Provisions in the Declaration of Trust and By-Laws]” and “[Federal Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax Matters” Considerations" and "Risk Factors," in each case to the Statement extent that it constitutes matters of Additional Informationlaw, insofar as such statements purport to summarize certain summaries of legal matters, summaries of provisions of the 1940 ActCompany's charter or bylaws or any other instruments or agreements, [JURISDICTION OF INCORPORATRION] lawsummaries of legal proceedings, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect theretoconclusions, fairly and accurately summarize such provisions present, in all material respects, the matters referred to therein; all descriptions in the Registration Statement, the Preliminary Prospectus Statement and the Prospectus of any Fund documents Company Documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus Statement or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]"Closed-End Fund Structure,” “[" "Certain Provisions in of the Agreement and Declaration of Trust and By-Laws]” " and “["U.S. Federal Income Tax Matters]” " in the Preliminary Prospectus and the Prospectus and “"U.S. Federal Income Tax Matters” " in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] lawthe Delaware Statutory Trust Act, the Fund’s Organizational Documents's Declaration of Trust, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares],” “[Certain Provisions in the Agreement and Declaration of Trust and By-Laws]Trust” and “[Federal Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] lawthe Delaware Statutory Trust Act, the FundTrust’s Organizational DocumentsDeclaration of Trust, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund Trust documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]Capital Structure,” “[Certain Anti-Takeover and Other Provisions in the Declaration of Trust and By-Laws]Fund’s Governing Documents” and “[Federal Tax Matters]Taxation” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax MattersTaxation” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] lawthe Delaware Statutory Trust Act, the Fund’s Organizational DocumentsCertificate of Trust, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as requiredRegulations.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “["Description of Shares],” “[" "Certain Provisions in of the Declaration of Trust Charter and By-Laws]” ," "Use of Leverage" and “[Federal "Tax Matters]” " in the Preliminary Prospectus and the Prospectus and “Federal Income Tax Matters” "Taxation" in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Maryland law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares],” “[Certain Provisions in the Declaration of Trust and By-Laws]” and “[Federal Tax Matters]” in the Preliminary Prospectus Registration Statement, the General Disclosure Package and the Prospectus and “Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Massachusetts law, the FundTrust’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus General Disclosure Package and the Prospectus of any Fund Trust documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus General Disclosure Package or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]Closed-End Fund Structure,” “[Certain Provisions in of the Agreement and Declaration of Trust and By-Laws], Including Anti-Takeover Provisions” and “[Certain Federal Income Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Certain Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] lawthe Delaware Statutory Trust Act, the Fund’s Organizational DocumentsDeclaration of Trust, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]“U.S. Federal Income Tax Matters,” “[Certain Description of Capital Structure” and “Repurchase of Shares and Other Discount Measures - Anti-Takeover Provisions in the Declaration of Trust and By-Laws]” and “[Federal Tax Matters]Trust” in the Preliminary Prospectus and the Prospectus Prospectus, and “Federal Income Tax MattersTaxes” in the Statement of Additional Information in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Delaware law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of the Common Shares],” “[Certain Provisions in of the Declaration of Trust Fund’s Charter and By-Laws]Laws and of Maryland Law” and “[U.S. Federal Income Tax Matters]” in the Preliminary Prospectus and the Prospectus and “U.S. Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Maryland law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares],” “[Certain Anti-Takeover and Other Provisions in the Declaration Articles of Trust and By-Laws]Incorporation” and “[Federal Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Maryland law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]capital structure,” “[Certain Provisions in provisions of the Declaration of Trust and By-Laws]Trust” and “[Federal Tax Matters]income tax matters” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax Matters” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Massachusetts law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required, and the descriptions thereof or references thereto are correct in all respects.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares],” “[Certain Provisions in the Declaration of Trust and By-Laws]” and “[Federal Tax Matters]” in the Preliminary Prospectus and the Prospectus Prospectus, “Anti-Takeover Provisions in the Agreement and Declaration of Trust” and “Federal Income Tax Matters” in the Preliminary Prospectus, the Prospectus and Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Delaware law, the Fundcommon shares or the Trust’s Organizational DocumentsDeclaration of Trust, U.S. matters of United States federal income tax law and regulations or legal conclusions with respect thereto, matters of United States federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund Trust documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “["Description of Shares],” “[" "Certain Provisions in the Declaration of Trust and By-Laws]” " and “["Federal Tax Matters]” " in the Preliminary Prospectus and the Prospectus and “"Description of Shares," "Repurchase of Fund Shares; Conversion to Open-End Fund" and "Federal Income Tax Matters” " in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Massachusetts law, the Fund’s 's Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]Capital Structure,” “[Certain Anti-Takeover and Other Provisions in the Declaration of Trust and By-Laws]Fund’s Governing Documents” and “[Federal Tax Matters]Taxation” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax MattersTaxation” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] lawthe Delaware Statutory Trust Act, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as requiredRegulations.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares]Capital Structure,” “[Certain Provisions in the Declaration of Trust and By-Laws]” and “[Federal Income Tax Matters]” in the Preliminary Prospectus and the Prospectus and “Federal Income Tax MattersTaxes” in the Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Delaware law, the Fund’s Organizational Documents, U.S. federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.

Accuracy of Descriptions and Exhibits. The statements set forth under the headings “[Description of Shares],” “[Certain Provisions in the Declaration of Trust and By-Laws]” and “[Federal Tax Matters]Shares ” in the Preliminary Prospectus and the Prospectus Prospectus, “Anti-takeover Provisions of the Agreement and Declaration Of Trust and By-Laws” and “U.S. Federal Income Tax Matters” in the Preliminary Prospectus, the Prospectus and Statement of Additional Information, insofar as such statements purport to summarize certain provisions of the 1940 Act, [JURISDICTION OF INCORPORATRION] Delaware law, the common shares or the Fund’s Organizational DocumentsDeclaration of Trust, U.S. United States federal income tax law and regulations or legal conclusions with respect thereto, fairly and accurately summarize such provisions in all material respects; all descriptions in the Registration Statement, the Preliminary Prospectus and the Prospectus of any Fund documents are accurate in all material respects; and there are no franchises, contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements required to be described or referred to in the Registration Statement, the Preliminary Prospectus or the Prospectus or to be filed as exhibits to the Registration Statement that are not described or filed as required by the 1933 Act, the 1940 Act or the Rules and Regulations which have not been so described and filed as required.