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

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Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On June 30, 2012, applicant made a liquidating distribution to its shareholders, based on net asset value. Applicant incurred no expenses in connection with the liquidation. Filing Date: The application was filed on December 10, 2014. Applicant's Address: 301 West Barbee Chapel Rd., Suite 200, Chapel Hill, NC 27517.