EXHIBIT 40.10 REIMBURSEMENT AGREEMENT The Fund will reimburse officers and trustees not affiliated with the Investment Adviser to compensate for travel expenses associated with performance of their duties. The Fund has no plans to compensate officers...

                                  EXHIBIT 40.10
                                        
                             REIMBURSEMENT AGREEMENT

The Fund will reimburse officers and trustees not affiliated with the Investment
Adviser  to compensate for travel expenses associated with performance of  their
duties.

The  Fund  has  no plans to compensate officers and trustees who are  affiliated
with  the Investment Adviser except indirectly through payment of the management
fee.