
[Federal Register: October 2, 2008 (Volume 73, Number 192)]
[Notices]               
[Page 57387-57389]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr02oc08-116]                         

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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-28408]

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

September 26, 2008.
    The following is a notice of applications for deregistration under 
section 8(f) of the Investment Company Act of 1940 for the month of 
September, 2008. A copy of each application may be obtained for a fee 
at the Commission's Public Reference Room, 100 F Street NE, Washington, 
DC 20549-1520 (tel. 202-551-5850). 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 October 21, 2008, 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, U.S. Securities and 
Exchange Commission, 100 F Street, NE., Washington, DC 20549-1090.

FOR FURTHER INFORMATION CONTACT: Diane L. Titus at (202) 551-6810, SEC, 
Division of Investment Management, Office of Investment Company 
Regulation, 100 F Street, NE., Washington, DC 20549-4041.

AIM Special Opportunities Funds [File No. 811-8697]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On April 19, 2007, applicant transferred its 
assets to corresponding series of AIM Funds Group, based on net asset 
value. Expenses of $320,500 incurred in connection with the 
reorganization were paid by Invesco Aim Advisors, Inc., applicant's 
investment adviser.
    Filing Dates: The application was filed on August 8, 2008, and 
amended on September 19, 2008.
    Applicant's Address: 11 Greenway Plaza, Suite 100, Houston, TX 
77046-1173.

[[Page 57388]]

Legg Mason Partners Appreciation Fund, Inc. [File No. 811-1940] Legg 
Mason Partners Capital Fund, Inc. [File No. 811-2667] Legg Mason 
Partners Aggressive Growth Fund, Inc. [File No. 811-3762] CitiFunds 
Trust I [File No. 811-4006]

    Summary: Each applicant seeks an order declaring that it has ceased 
to be an investment company. On April 16, 2007, each applicant 
transferred its assets to a corresponding series of Legg Mason Partners 
Equity Trust, based on net asset value. Expenses of approximately 
$2,487,856, $521,422, $4,718,848 and $6,788, respectively, incurred in 
connection with the reorganizations were paid by each applicant and 
Legg Mason, Inc., the parent company of the investment adviser for each 
applicant.
    Filing Date: The applications were filed on August 15, 2008.
    Applicants' Address: 55 Water St., New York, NY 10041.

Legg Mason Partners California Municipals Fund, Inc. [File No. 811-
3970] Legg Mason Partners Adjustable Rate Income Fund [File No. 811-
6663]

    Summary: Each applicant seeks an order declaring that it has ceased 
to be an investment company. On April 16, 2007, each applicant 
transferred its assets to corresponding series of Legg Mason Partners 
Income Trust, based on net asset value. Expenses of approximately 
$78,899 and $103,534, respectively, incurred in connection with the 
reorganizations were paid by each applicant and Legg Mason Inc., the 
parent company of the investment adviser for each applicant.
    Filing Date: The applications were filed on August 15, 2008.
    Applicants' Address: 55 Water St., New York, NY 10041.

Credit Suisse Short Duration Bond Fund [File No. 811-21032]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On July 30, 2008, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of $8,200 incurred in connection with the liquidation were 
paid by Credit Suisse Asset Management, LLC, applicant's investment 
adviser. Applicant has retained $11,851 in cash for payment of 
outstanding expenses.
    Filing Date: The application was filed on September 12, 2008.
    Applicant's Address: c/o Credit Suisse Asset Management, LLC, 
Eleven Madison Ave., New York, NY 10010.

Dreyfus Florida Intermediate Municipal Bond Fund [File No. 811-6489]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On December 3, 2007, applicant transferred 
its assets to Dreyfus Intermediate Municipal Bond Fund, Inc., based on 
net asset value. Expenses of $56,540 incurred in connection with the 
reorganization were paid by applicant and the acquiring fund.
    Filing Date: The application was filed on September 4, 2008.
    Applicant's Address: c/o The Dreyfus Corporation, 200 Park Ave., 
New York, NY 10166.

Dreyfus Florida Municipal Money Market Fund [File No. 811-7091]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On November 27, 2007, applicant transferred 
its assets to Dreyfus Municipal Money Market Fund, Inc., based on net 
asset value. Expenses of $47,480 incurred in connection with the 
reorganization were paid by applicant and the acquiring fund.
    Filing Date: The application was filed on September 8, 2008.
     Applicant's Address: c/o The Dreyfus Corporation, 200 Park Ave., 
New York, NY 10166.

Dreyfus Insured Municipal Bond Fund, Inc. [File No. 811-4237]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On June 11, 2007, applicant transferred its 
assets to Dreyfus Municipal Bond Fund, a series of Dreyfus Bond Funds, 
Inc., based on net asset value. Expenses of $30,124 incurred in 
connection with the reorganization were paid by The Dreyfus 
Corporation, applicant's investment adviser.
    Filing Date: The application was filed on September 8, 2008.
     Applicant's Address: c/o The Dreyfus Corporation, 200 Park Ave., 
New York, NY 10166.

Dreyfus Massachusetts Intermediate Municipal Bond Fund [File No. 811-
6644]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On April 24, 2007, applicant transferred its 
assets to Dreyfus Premier State Municipal Bond Fund--Massachusetts 
Series--Class Z shares, based on net asset value. Expenses of $30,124 
incurred in connection with the reorganization were paid by The Dreyfus 
Corporation, applicant's investment adviser.
    Filing Date: The application was filed on September 4, 2008.
     Applicant's Address: c/o The Dreyfus Corporation, 200 Park Ave., 
New York, NY 10166.

Dreyfus New Jersey Intermediate Municipal Bond Fund [File No. 811-6643]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On June 7, 2007, applicant transferred its 
assets to Dreyfus Premier New Jersey Municipal Bond Fund, Inc. (Class Z 
shares), based on net asset value. Expenses of $30,124 incurred in 
connection with the reorganization were paid by The Dreyfus 
Corporation, applicant's investment adviser.
    Filing Date: The application was filed on September 4, 2008.
     Applicant's Address: c/o The Dreyfus Corporation, 200 Park Ave., 
New York, NY 10166.

Dreyfus New York Tax Exempt Intermediate Bond Fund [File No. 811-5161]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On November 28, 2007, applicant transferred 
its assets to Dreyfus New York Tax Exempt Bond Fund, Inc., based on net 
asset value. Expenses of $55,080 incurred in connection with the 
reorganization were paid by applicant and the acquiring fund.
    Filing Date: The application was filed on September 8, 2008.
     Applicant's Address: c/o The Dreyfus Corporation, 200 Park Ave., 
New York, NY 10166.

Dreyfus Pennsylvania Intermediate Municipal Bond Fund [File No. 811-
7089]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On November 29, 2007, applicant transferred 
its assets to Dreyfus Premier State Municipal Bond Fund--Pennsylvania 
Series--Class Z shares, based on net asset value. Expenses of $53,460 
incurred in connection with the reorganization were paid by applicant 
and the acquiring fund.
    Filing Date: The application was filed on September 8, 2008.
     Applicant's Address: c/o The Dreyfus Corporation, 200 Park Ave., 
New York, NY 10166.

Dreyfus Premier GNMA Fund [File No. 811-4880]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an

[[Page 57389]]

investment company. On May 3, 2007, applicant transferred its assets to 
Dreyfus Premier GNMA Fund, Inc., based on net asset value. Expenses of 
$46,307 incurred in connection with the reorganization were paid by The 
Dreyfus Corporation, applicant's investment adviser.
    Filing Date: The application was filed on September 4, 2008.
     Applicant's Address: c/o The Dreyfus Corporation, 200 Park Ave., 
New York, NY 10166.

Black Pearl Funds [File No. 811-21785]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On July 30, 2008, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of $4,500 incurred in connection with the liquidation were 
paid by Firsthand Capital Management, Inc., applicant's investment 
adviser.
    Filing Date: The application was filed on August 29, 2008.
     Applicant's Address: Firsthand Capital Management, Inc., 125 South 
Market St., Suite 1200, San Jose, CA 95113.

XTF Investors Trust [File No. 811-22002]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On March 10, 2008 and July 25, 2008, 
applicant made liquidating distributions to its shareholders, based on 
net asset value. Expenses of $3,440 incurred in connection with the 
liquidation were paid by applicant and XTF Advisors, LLC, applicant's 
investment adviser.
    Filing Date: The application was filed on August 29, 2008.
     Applicant's Address: c/o Gemini Fund Services, LLC, 450 Wireless 
Blvd., Hauppauge, NY 11788.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Florence E. Harmon,
Acting Secretary.
 [FR Doc. E8-23198 Filed 10-1-08; 8:45 am]

BILLING CODE 8011-01-P
