SUB-ITEM 77C As of November 1, 2002, the majority shareholder of the Preferred Fixed Income Fund approved by written consent: (i) the Subadviser Agreement between Caterpillar Investment Management Ltd. and Western Asset Management Company ("Western")...Sub-Item • February 28th, 2003 • Preferred Group of Mutual Funds
As of November 1, 2002, the majority shareholder of the Preferred Fixed Income Fund approved by written consent: (i) the Subadviser Agreement between Caterpillar Investment Management Ltd. and Western Asset Management Company ("Western") and (ii) the Tertiary Adviser Agreement between Western and Western Asset Management Company Limited, both with respect to the Preferred Fixed Income Fund and effective November 1, 2002.
