Notes to Financial Statements
(Continued)
NOVEMBER 30, 1998
4. CAPITAL SHARE TRANSACTIONS
Transactions in shares of the Funds were as follows:
5. BANK LOANS
Effective December 18, 1998, the Funds, along with certain other funds managed by ACIM, have entered into
an unsecured $570,000,000 bank line of credit agreement with Chase Manhattan. Borrowings under the
STRATEGIC ALLOCATION: STRATEGIC ALLOCATION: STRATEGI
CONSERVATIVE MODERATE AGG
SHARES AMOUNT SHARES AMOUNT SHARES
INVESTOR CLASS
Authorized shares .... 50,000,000 50,000,000 50,000,00
============= ============= ============
Year ended
November 30, 1998
Sold ................. 14,341,532 $ 78,794,970 23,620,687 $ 143,489,927 12,549,01
Issued in reinvestment
of distributions ... 2,221,536 11,843,897 2,116,707 12,429,433 895,81
Redeemed ............. (12,448,203) (68,202,816) (17,345,468) (105,655,521) (8,778,77
------------- ------------- ------------- ------------- ------------
Net increase ......... 4,114,865 $ 22,436,051 8,391,926 $ 50,263,839 4,666,06
============= ============= ============= ============= ============
Year ended
November 30, 1997
Sold ................. 15,110,838 $ 80,391,536 32,728,841 $ 184,160,266 15,672,30
Issued in
acquisition
(Note 6) ........... 15,634,044 84,083,213 -- -- --
Issued in reinvestment
of distributions ... 493,328 2,628,610 492,287 2,759,037 61,57
Redeemed ............. (9,277