Smaller Companies Fund 10f-3 Transaction Q1 2001 <Table>

Smaller Companies Fund 10f-3 Transaction Q1 2001 <Table>
<Caption>
	Security Purchased <C>		Comparison Security <C>		Comparison Security <C>
Issuer	Oil States International Inc.		OSCA, Inc.		Hydril Company
Underwriters	Xxxxxxx Xxxxx, XX First Boston, Xxxxxxx & Co., Xxxx Xxxxxxxx, DB Xxxx. Xxxxx, First Union, Xxxxxx Xxxx, ING Barings, Lazard Freres, Prudential, Xxxxxxx James, Solomon Xxxxx Xxxxxx, Xxxxxx X Xxxxx, Xxxxxxx Xxxx, Xxxxxx & Co, Xxxxxx Xxxxxxx, Xxxxxxxx-Xxxxxxxx, Xxxxxxx Xxxxxx Xxxxxx, Southcoast Capital, Southwest Securities, Xxxxxxxx Capital Partners,		Xxxxxxx Xxxxx Xxxxxx, Xxxxxx Xxxxxxx Xxxx Xxxxxx, Xxxxxxx & Company International, etc.		Xxxxxxx Xxxxx Xxxxxx, Credit Suisse First Boston, Xxxx Xxxxxxxx Xxxxxxx, Xxxxxxx & Company, etc.
Years of continuous operation, including predecessors	>3		>3		>3
Security	OIS		OSCA		HYDL
Is the affiliate a manager or co-manager of offering?	No		No		No
Name of underwriter or dealer from which purchased	Xxxxxxx Xxxxx		n/a		n/a
Firm commitment underwriting?	Yes		Yes		Yes
Trade date/Date of Offering	2/9/2001		6/14/2000		9/27/2000
Total dollar amount of offering sold to QIBs	$ -		$ -		$ -
Total dollar amount of any concurrent public offering	$ 90,000,000		$ 86,800,000		$ 127,500,000
Total	$ 90,000,000		$ 86,800,000		$ 127,500,000
Public offering price	$ 9.00		$ 15.50		$ 17.00
Price paid if other than public offering price	-		n/a		n/a
Underwriting spread or commission	$ 0.63 (7%)		$ 1.085 (7%)		$ 1.19 (7%)
Shares purchased	4,800		n/a		n/a
$ amount of purchase	$ 43,200.00		n/a		n/a
% of offering purchased by fund	0.048%		n/a		n/a
% of offering purchased by associated funds*	2.695%		n/a		n/a
Total	2.743%		n/a		n/a
*Small Cap Active Equity