> **EDGAR^^ Filer Manual\
> Volume III**
>
> **N-SAR Supplement**

![](media/image1.wmf){width="4.489583333333333in"
height="2.2291666666666665in"}

Version 1

September 2005

**NOTICE**

Use this EDGAR^®^ Filer Manual when making electronic filings with the
United States Securities and Exchange Commission (SEC or
\"Commission\"). See Rule 301 of Regulation S-T.

The EDGAR Filer Manual consists of three volumes. EDGAR Filer Manual
(Volume I) General Information introduces the requirements for becoming
an EDGAR Filer and maintaining EDGAR company information. EDGAR Filer
Manual (Volume II) EDGAR Filing illustrates the process to submit an
online filing. EDGAR Filer Manual (Volume III) N-SAR Supplement is a
guide for preparing electronic submissions of Form N-SAR.

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

For up-to-date information regarding filing-related topics, consult the
following EDGAR websites:

-   Information for EDGAR Filers
    ([*http://www.sec.gov/info/edgar.shtml*](http://www.sec.gov/info/edgar.shtml))

-   EDGAR Gateway to submit filings
    ([*http://www.portal.edgarfiling.sec.gov*](http://www.portal.edgarfiling.sec.gov/))

-   EDGAR Company Database
    ([*http://www.edgarcompany.sec.gov*](http://www.edgarcompany.sec.gov/)).

\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_

EDGAR^®^ and EDGARLink^®^ are registered trademarks of the Securities
and Exchange Commission. All other product brand names mentioned in this
Filer Manual are trademarks or registered trademarks of their respective
holders.

**Preface**

Welcome to the Electronic Data Gathering, Analysis, and Retrieval
(EDGAR) system of the U.S. Securities and Exchange Commission (SEC).
EDGAR provides an electronic filing process for filers and filing agents
submitting documents under the Securities Act of 1933, the Securities
Exchange Act of 1934, the Public Utility Holding Company Act of 1935,
the Trust Indenture Act of 1939, and the Investment Company Act of 1940
(collectively, \"Acts\").

The SEC accepts electronic submissions through the Internet or direct
dial transmissions. EDGAR will disseminate that information and you may
view electronically submitted filings on EDGAR workstations in the
SEC\'s Public Reference Room in Washington, DC, through commercial
dissemination services, or by using the SEC\'s website on the World Wide
Web ([http://www.sec.gov](http://www.sec.gov/)).

This Volume describes how to prepare an N-SAR submission using EDGAR\'s
NSAR PC application software.

**Releases:**

+------------------+---------------------------------------------------+
| 33-8590          | Amendments to Rules Governing EDGAR System:       |
|                  | Mandatory Identification of Investment Company    |
|                  | Series and Classes; Two Additions to Investment   |
|                  | Company Mandatory Electronic Filings; And         |
|                  | Technical Revisions                               |
+------------------+---------------------------------------------------+
| Issued 07/18/05  |                                                   |
+------------------+---------------------------------------------------+
| Effective        |                                                   |
| 09/19/2005       |                                                   |
+------------------+---------------------------------------------------+
| (70 FR 43558)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-8518          | Asset-Backed Securities                           |
+------------------+---------------------------------------------------+
| Issued 12/22/04  |                                                   |
+------------------+---------------------------------------------------+
| Effective        |                                                   |
| 3/08/05          |                                                   |
+------------------+---------------------------------------------------+
| (70 FR 1506)     |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-8529          | XBRL Voluntary Financial Reporting Program on the |
|                  | EDGAR System                                      |
+------------------+---------------------------------------------------+
| Issued 02/03/05  |                                                   |
+------------------+---------------------------------------------------+
| Effective        |                                                   |
| 03/16/05         |                                                   |
+------------------+---------------------------------------------------+
| (70 FR 6556)     |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 34-50486         | Proposed Rule Changes of Self-Regulatory          |
|                  | Organizations                                     |
+------------------+---------------------------------------------------+
| Issued 10/04/04  |                                                   |
+------------------+---------------------------------------------------+
| Effective        |                                                   |
| 11/08/04         |                                                   |
+------------------+---------------------------------------------------+
| (69 FR 60287)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-8400A         | Additional Form 8-K Disclosure Requirements and   |
|                  | Acceleration of Filing Date; Correction           |
+------------------+---------------------------------------------------+
| Issued 8/04/04   |                                                   |
+------------------+---------------------------------------------------+
| Effective        |                                                   |
| 8/23/04          |                                                   |
+------------------+---------------------------------------------------+
| (69 FR 48370)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-8410          | Mandated Electronic Filing for Form ID            |
+------------------+---------------------------------------------------+
| Issued 4/21/04   |                                                   |
+------------------+---------------------------------------------------+
| Effective        |                                                   |
| 4/26/04          |                                                   |
+------------------+---------------------------------------------------+
| (69 FR 22704)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-8401          | Rulemaking for EDGAR System                       |
+------------------+---------------------------------------------------+
| Issued 3/16/04   | (proposal for identification of investment        |
|                  | company series and                                |
+------------------+---------------------------------------------------+
| Effective TBD    | classes (contracts); additional mandatory         |
|                  | electronic filings for                            |
+------------------+---------------------------------------------------+
| (69 FR 13690)    | investment companies; and technical amendments)   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-8230          |                                                   |
+------------------+---------------------------------------------------+
| 33-8170          | Mandated Electronic Filing and Website Posting    |
|                  | for Forms 3, 4, and 5                             |
+------------------+---------------------------------------------------+
| 33-8138          |                                                   |
+------------------+---------------------------------------------------+
| 34-47069         |                                                   |
+------------------+---------------------------------------------------+
| 35-27627         |                                                   |
+------------------+---------------------------------------------------+
| Issued 12/27/02  |                                                   |
|                  |                                                   |
+------------------+---------------------------------------------------+
| Effective TBD    |                                                   |
|                  |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-8009          | Mandated EDGAR Filing for Foreign Issuers.        |
+------------------+---------------------------------------------------+
| Issued 5/14/02   |                                                   |
+------------------+---------------------------------------------------+
| Effective        | Updated version of the EDGARLink software.        |
| 5/24/02          |                                                   |
|                  |                                                   |
| and 11/4/02      |                                                   |
|                  |                                                   |
| (67 FR 36677)    |                                                   |
|                  |                                                   |
| 33-8007          |                                                   |
+------------------+---------------------------------------------------+
| Issued 9/17/2001 |                                                   |
+------------------+---------------------------------------------------+
| (66 FR 49829)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-7999          | Next stage of EDGAR Modernization.                |
+------------------+---------------------------------------------------+
| Issued 7/30/01   |                                                   |
+------------------+---------------------------------------------------+
| (66 FR 42941)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-7933          | Next stage of EDGAR Modernization.                |
+------------------+---------------------------------------------------+
| Issued 01/16/01  |                                                   |
+------------------+---------------------------------------------------+
| Effective        |                                                   |
| 02/02/01         |                                                   |
+------------------+---------------------------------------------------+
| (66 FR 8764)     |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-7855          | Rules for the next stage of EDGAR Modernization.  |
+------------------+---------------------------------------------------+
| Issued 4/24/00   |                                                   |
+------------------+---------------------------------------------------+
| Effective        |                                                   |
| 5/30/00          |                                                   |
+------------------+---------------------------------------------------+
| Effective        | Diskette submissions not accepted.                |
| 7/10/00          |                                                   |
+------------------+---------------------------------------------------+
| Effective 1/1/01 | Financial Data Schedule requirement removed.      |
+------------------+---------------------------------------------------+
| (65 FR 24788)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-7789          | Adopted updated filing form types in Filer        |
|                  | Manual.                                           |
+------------------+---------------------------------------------------+
| Issued 1/20/00   |                                                   |
+------------------+---------------------------------------------------+
| Effective        |                                                   |
| 1/24/00          |                                                   |
+------------------+---------------------------------------------------+
| (65 FR 3123)     |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-7755          | CompuServe discontinued electronic mail service.  |
+------------------+---------------------------------------------------+
| Issued 10/07/99  |                                                   |
+------------------+---------------------------------------------------+
| Effective        |                                                   |
| 10/16/99         |                                                   |
+------------------+---------------------------------------------------+
| (64 FR 56430)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-7684          | Rules for the first stage of EDGAR modernization  |
|                  | adopted.                                          |
+------------------+---------------------------------------------------+
| Issued 5/17/99   |                                                   |
+------------------+---------------------------------------------------+
| Effective        |                                                   |
| 6/28/99          |                                                   |
+------------------+---------------------------------------------------+
| (64 FR 27888)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 34-40934         | Electronic filing of Form 13F made mandatory.     |
+------------------+---------------------------------------------------+
| Issued 1/12/99   |                                                   |
+------------------+---------------------------------------------------+
| Compliance date  |                                                   |
| 4/1/99           |                                                   |
+------------------+---------------------------------------------------+
| (64 FR 2834)     |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-7472          | Commission will no longer accept, in paper,       |
|                  | filings required to be submitted electronically,  |
|                  | except in a hardship situation.                   |
+------------------+---------------------------------------------------+
| Issued 10/24/97  |                                                   |
+------------------+---------------------------------------------------+
| Effective 1/1/98 |                                                   |
+------------------+---------------------------------------------------+
| (62 FR 58647)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-7427          | Minor and technical rule amendments, including    |
|                  | the elimination of transition rules applicable to |
|                  | the phase-in period.                              |
+------------------+---------------------------------------------------+
| Issued 7/1/97    |                                                   |
+------------------+---------------------------------------------------+
| (62 FR 36450)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-7122          | Rules and phase-in schedule made final. Final     |
|                  | phase-in lists published. Minor rule amendments   |
|                  | adopted                                           |
+------------------+---------------------------------------------------+
| Issued 12/19/94  |                                                   |
+------------------+---------------------------------------------------+
| (59 FR 67752)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-6977          | Interim rules applicable to electronic filing in  |
|                  | general, and specifically to the Division of      |
|                  | Corporation Finance filers.                       |
+------------------+---------------------------------------------------+
| Issued 2/23/93   |                                                   |
+------------------+---------------------------------------------------+
| (58 FR 14628)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| IC-19284         | Interim rules specific to investment companies.   |
+------------------+---------------------------------------------------+
| Issued 2/23/93   |                                                   |
+------------------+---------------------------------------------------+
| (58 FR 14848)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 35-25746         | Interim rules specific to public utility holding  |
|                  | companies.                                        |
+------------------+---------------------------------------------------+
| Issued 2/23/93   |                                                   |
+------------------+---------------------------------------------------+
| (58 FR 14999)    |                                                   |
+------------------+---------------------------------------------------+
|                  |                                                   |
+------------------+---------------------------------------------------+
| 33-6980          | Rules relating to payment of filing fees to the   |
|                  | SEC\'s lockbox in Pittsburgh, Pennsylvania.       |
+------------------+---------------------------------------------------+
| Issued 2/23/93   |                                                   |
+------------------+---------------------------------------------------+
| (58 FR 15009)    |                                                   |
+------------------+---------------------------------------------------+

Table Of Contents

[1. INTRODUCTION TO N-SAR 1-1](#introduction-to-n-sar)

[1.1 Purpose 1-1](#purpose)

[1.2 Compatibility of N-SAR PC Application Version 6.1.a with Earlier
Versions of Software
1-1](#compatibility-of-n-sar-pc-application-version-6.1.a-with-earlier-versions-of-software)

[1.3 Structure of the User\'s Guide 1-2](#structure-of-the-users-guide)

[1.4 N-SAR Supplement Conventions 1-2](#n-sar-supplement-conventions)

[2. GETTING STARTED 2-1](#getting-started)

[2.1 Hardware and Software Requirements
2-1](#hardware-and-software-requirements)

[2.1.1 EDGARLink and N-SAR System Requirements
2-1](#edgarlink-and-n-sar-system-requirements)

[2.2 Overview of N-SAR EDGARLink Submission
2-2](#overview-of-n-sar-edgarlink-submission)

[2.3 Installation of N-SAR PC Application
2-2](#installation-of-n-sar-pc-application)

[2.3.1 Install And Configure EDGARLink
2-2](#install-and-configure-edgarlink)

[2.3.2 Install The N-SAR PC Application
2-2](#install-the-n-sar-pc-application)

[2.3.2.1 Creating the Installation Diskette
2-3](#creating-the-installation-diskette)

[2.3.2.2 Installing N-SAR 2-3](#installing-n-sar)

[2.4 Start and Prepare a Form N-SAR
2-4](#start-and-prepare-a-form-n-sar)

[2.4.1 Starting N-SAR 2-4](#starting-n-sar)

[2.4.2 Prepare a Form N-SAR, Using the N-SAR PC Application
2-5](#prepare-a-form-n-sar-using-the-n-sar-pc-application)

[2.5 Access Codes to the EDGAR System
2-7](#access-codes-to-the-edgar-system)

[2.6 Data Entry 2-7](#data-entry)

[2.7 Making a Test Filing 2-10](#making-a-test-filing)

[2.8 Managing your N-SAR Files 2-10](#managing-your-n-sar-files)

[2.8.1 The N-SAR Files 2-10](#the-n-sar-files)

[2.8.2 Backing Up Your Files 2-11](#backing-up-your-files)

[2.8.3 Subsequent Filings 2-12](#subsequent-filings)

[2.8.4 Archiving Your Answer File 2-13](#archiving-your-answer-file)

[3. N-SAR PC APPLICATION OPERATION 3-1](#n-sar-pc-application-operation)

[3.1 N-SAR Functions 3-1](#n-sar-functions)

[3.2 Screen Features 3-2](#screen-features)

[3.3 Screen Operation 3-7](#screen-operation)

[3.4 CURSOR MOVEMENT AND FIELD EDITING
3-10](#cursor-movement-and-field-editing)

[3.5 Generating an Answer File 3-10](#generating-an-answer-file)

[3.6 The Error File 3-12](#the-error-file)

[4. TRANSMITTING THE N-SAR SUBMISSION
4-1](#transmitting-the-n-sar-submission)

[4.1 Creating the N-SAR Submission 4-1](#creating-the-n-sar-submission)

[4.2 Exhibits 4-1](#exhibits)

[A. MS-DOS BASICS A-1](#ms-dos-basics)

[B. CONTENTS OF THE ANSWER FILE B-1](#contents-of-the-answer-file)

[C. ANSWER KEY C-1](#answer-key)

[D. N-SAR DATABASE RECONSTRUCTION UTILITY
D-1](#n-sar-database-reconstruction-utility)

#  {#section .unnumbered}

LIST OF FIGURES

[Figure 2.1: First Screen of N-SAR PC Application
2-5](#__RefHeading___Toc110321772)

[Figure 2.2: NSAR PC Application Menu 2-7](#__RefHeading___Toc110321773)

[Figure 3.1: Registrant Level Screen 3-4](#__RefHeading___Toc110321774)

[Figure 3.2 Multiple Entry Screen 3-5](#__RefHeading___Toc110321775)

[Figure 3.3: Series Level Screen 3-6](#__RefHeading___Toc110321776)

[Figure 3.4: NSAR PC Application Help Screen
3-9](#__RefHeading___Toc110321777)

[Figure 3.5: Sample Answer File 3-13](#__RefHeading___Toc110321778)

[Figure B.1: Sample Answer File B-2](#__RefHeading___Toc110321779)

# INTRODUCTION TO N-SAR

## Purpose

Registered management investment companies, other than face amount
certificate companies, are required to file Form N-SAR. Open- and
closed-end companies must file Form N-SAR semi-annually. The U.S.
Securities and Exchange Commission\'s (SEC) Electronic Data Gathering
and Retrieval (EDGAR) system provides the capability to receive, analyze
and disseminate filings electronically. The N-SAR PC Application
(version 6.1.a) software provides a means for preparing for transmission
to the SEC, a file containing the answers to the Form N-SAR for open-and
for closed-end investment companies other than small business companies
(SBICs) using an IBM or IBM compatible personal computer (PC). These
answers are transmitted electronically to EDGAR and are made available
to the SEC and the public. SBICs and investment companies registered as
unit investment trusts cannot use the N-SAR PC application software;
they must prepare a text file of the questions and answers to Form N-SAR
for transmission to EDGAR.

The N-SAR PC application enables you to meet the SEC\'s technical
formatting requirements for electronic submission of Form N-SAR. If you
do not meet these requirements, we may suspend your filing or require
you to refile.

EDGARLink software is used to assist in the preparation of electronic
submissions of Form N-SAR and in the transmission to EDGAR. EDGARLink is
a comprehensive software program that is designed to assist with
preparation and transmission of all electronically submitted filings to
the SEC\'s EDGAR system. The software is provided by the SEC to
electronic filers.

Please refer to EDGAR Filer Manual Volume II for detailed information
about EDGARLink and instructions on EDGARLink configuration.

This N-SAR PC Application User\'s Guide should be read in conjunction
with the EDGAR Filer Manual to provide the information required for you
to prepare N-SAR reports and file them electronically. This manual
describes the functions of the N-SAR PC Application (version 6.1.a) that
help you organize and submit the data required by Form N-SAR and
explains how to use the functions.

## Compatibility of N-SAR PC Application Version 6.1.a with Earlier Versions of Software

The N-SAR PC Application (Version 6.1.a) may be used to update a
database you created on your PC using earlier versions of N-SAR PC
Application. Follow the instructions in Chapter 2 of this manual for
replacing an earlier version of the NSAR.EXE file on your hard drive
with Version 6.1.a and for preparing an N-SAR filing.

## Structure of the User\'s Guide

Chapter 2, \"Getting Started\", describes the equipment and steps
necessary to install EDGARLink and the N-SAR PC Application on your PC
and to start creating an N-SAR database.

Chapter 3, \"N-SAR PC Application Operation\", describes the processes
required and functions provided for filing out Form N-SAR on your PC and
creating an answer file.

Chapter 4, \"Creating and Transmitting the N-SAR Submission\", describes
in detail the steps that you must take to transmit the N-SAR data to the
SEC using EDGARLink software.

In addition, several appendices are provided that give you additional
information useful in preparing Form N-SAR. These include an overview of
MS-DOS, a sample Answer File, and an answer key.

## N-SAR Supplement Conventions

Certain conventions have been followed in the preparation of this
document. The most important concern instructions for user input. In
this document, any example of direct, single-line, data entry will be
centered on the line in which it appears and separated from the text by
blank lines above and below it. In cases where several steps of user
input are required, the steps will be listed on separate lines. In
addition, they will be listed in the order in which you are required to
enter them.

Another convention applies to the keyboard keys and how they are
represented in this manual. If you are to press a certain key, the name
of the key will appear in uppercase, enclosed between two inequality
signs. Examples appear below.

> \<ENTER\> = the Enter or Return key
>
> \<Fl\> = the F1 function key

Text displayed on the screen will appear in courier font. In certain
places, you will be required to enter information (e.g., text, data or a
number). In these cases, the data that must be entered will be **[in
bold italics in Courier font]{.underline}**. For example:

**C:\\\>[THIS IS AN EXAMPLE \<ENTER\>]{.underline}**

These conventions are followed so that explanations and examples of user
input may be easily differentiated from other text.

# GETTING STARTED

This section describes the hardware, software, and steps for installing
N-SAR and an overview for submitting N-SAR filings to EDGAR.

## Hardware and Software Requirements

In order to support the N-SAR PC Application, and EDGARLink, the
following hardware and software items are minimum requirements.

### EDGARLink and N-SAR System Requirements

Hardware requirements:

> \(1\) An IBM or compatible PC with the following:

-   Pentium II 250+Mhz

-   32 MB (minimum) or 64 MB (recommended) of RAM

-   3.5 inch diskette drive

-   Hard Drive (with a minimum of 70 MB available)

> \(2\) Monitor (Color recommended but not required)
>
> **NOTE:** You may be unable to use the N-SAR PC Application with some
> monochrome monitors.
>
> \(3\) Internet Access or a modem capable of 9600 BPS (56 KB
> recommended).

Software requirements:

> \(1\) MS-Windows 95, 98, or NT
>
> \(2\) N-SAR PC Application Version 6.1.a diskette;
>
> \(3\) EDGARLink for Windows software;
>
> \(4\) Internet Browser: Netscape Navigator version 7.0 or higher or
> Internet Explorer version 5.0 or higher.

**NOTE:** See EDGAR Filer Manual Volume II, for EDGARLink for Windows
installation and operation.

## Overview of N-SAR EDGARLink Submission

The following steps outline the process required for preparation of an
N-SAR submission using EDGARLink. Each step is described in detail on
the following pages.

1.  Install the N-SAR software.

2.  Start the N-SAR software and prepare a Form N-SAR document,
    **answer.fil**.

3.  Install and configure EDGARLink.

4.  Assemble the N-SAR submission:

-   Assemble the submission using Submission Template #3.

-   Construct an N-SAR submission template.

5.  Check for errors within the submission.

6.  Correct errors, if any.

7.  Transmit the submission to the SEC using the Filing website
    ([*https://www.edgarfiling.sec.gov*](https://www.edgarfiling.sec.gov/)).

8.  Exit.

## Installation of N-SAR PC Application

### Install And Configure EDGARLink 

EDGARLink is a comprehensive software program that is designed to assist
with the preparation of electronically submitted filings to the SEC\'s
EDGAR system. The software is provided by the SEC to electronic filers
from the Filing website
([*https://www.edgarfiling.sec.gov*](https://www.edgarfiling.sec.gov/)).

EDGARLink assists in the preparation and correction of Form N-SAR
submissions. EDGARLink also provides, as it does for other submission
types, error checking, and transmission assistance for Form N-SAR
submissions. Refer to the Filer Manual Volume II for instructions for
installing EDGARLink and submission templates.

Download and install EDGARLink and Template #3:

1.  Access the Filing website
    ([*https://www.edgarfiling.sec.gov*](https://www.edgarfiling.sec.gov/)).

2.  Log into EDGAR using your CIK and Password.

3.  Access the EDGARLink Software section and download EDGARLink.

4.  Install EDGARLink by double-clicking the executable in Windows
    Explorer. For detailed information, see Filer Manual Volume II or
    access the Filer Manual online from the General Help screen.

### Install The N-SAR PC Application

The N-SAR PC Application diskette contains the program, NSAR.EXE, which
is required in order to complete the form. You must install NSAR.EXE on
the hard drive of your PC. It is best to create the data files on the
hard drive as well; the software will run much faster this way.

NOTE: Download the N-SAR PC application from our site,
[*http://www.sec.gov*](http://www.sec.gov/).

#### Creating the Installation Diskette

The following are the instructions for creating the installation
diskette:

1.  Download the file **NSAR61a.exe** into an empty directory.

2.  Insert the blank floppy disk into Drive A.

3.  Start the Windows Explorer and use it to locate the downloaded file
    **NSAR61a.exe**.

4.  Double click on the file to start the extraction. An extract file to
    window appears; select the directory where the files are to be
    extracted.

5.  Change this extract location to **A:\\** and click **OK**. This will
    create the installation diskette.

You have created the N-SAR installation diskette. You can use this
diskette to install N-SAR on any computer necessary.

#### Installing N-SAR

The following section describes the procedure for installation of the
N-SAR software:

After the installation diskette has been created, you can install the
NSAR software.

1.  Use the Windows Explorer to change to the **A:** Drive, then double
    click on the **INSTALL.exe** file to start the installation process.

2.  A DOS window will appear and the installation process will begin.
    You will see the message \"The SHARE.TSR has been detected. This TSR
    causes conflicts with the installation process. You must disable it
    before continuing.\" This error message no longer applies, so bypass
    it by pressing the **\<Enter\>** key. The installation process will
    continue.

3.  The NSAR install menu will appear with the option \"Install NSAR PC
    application\" highlighted. Press the **\<Enter\>** key to select
    this option and continue the installation.

4.  The installation drive and directory selection menu will appear. If
    the directory **C:\\NSAR** is not the directory in which you want to
    install the software, use the down arrow to select the correct
    location of the **NSAR** directory. Then press the **\<Enter\>**
    key.

5.  When the directory selection is correct now, press **\<Y\>**. You
    will see the message \"NSAR can only be installed in conjunctions
    with EDGARLink. Press any key to exit.\" This is no longer true,
    press the **\<Enter\>** key to continue.

6.  Press the **\<Enter\>** key again to return to the main menu so the
    installation can continue.

7.  When installation is complete the \"Post install options\" menu will
    appear. Use the down arrow key to select the \"exit to DOS\" option,
    then press **\<Enter\>** key twice.

The N-SAR software is now installed.

**NOTE:** If installation was not successful, repeat the installation
process.

A batch utility on the disk supplied by the SEC decompresses the
**NSAR.EXE** file and associated files and installs them on the hard
drive. If installation is successful, the following files will appear in
the directory named, or in the default directory:

> NSAR.EXE
>
> REBUILD.EXE
>
> COPYDATA.BAT
>
> COPYFILS.BAT
>
> RESTORE.BAT
>
> NSAR.VRS
>
> NSAR.MAP

A directory and a subdirectory will be created on your hard drive. If
you accept the directory **C:\\NSAR** for installation of the N-SAR
software, a subdirectory **C:\\NSAR\\DATA** will be created to hold your
data files. We suggest you use this configuration. However, you may
specify another drive and directory, but the installation process always
creates a subdirectory **\\DATA**. The executable program, **NSAR.EXE**,
and related batch utilities will be copied to the \\**NSAR** default
directory, and the data files will be created in a subdirectory
**\\DATA**.

> There are two ways to manage data files if you need to create filings
> for more than one company:

1.  Use the default subdirectory, \\NSAR\\DATA, to create each filing,
    and then store the data and text files for each company on separate
    diskettes, using a unique file name for each company; or

2.  After using the INSTALL utility, create additional subdirectories on
    your hard drive, using the DOS commands outlined in Appendix A to
    identify each-company.

## Start and Prepare a Form N-SAR

The following sections describe the procedure for starting the N-SAR
software to prepare a Form N-SAR document.

### Starting N-SAR

**ACTION RESULT**

At a DOS prompt for the drive

where N-SAR application is stored.

(i.e. **C:\\\>).**

Type **CD \\NSAR** (if a directory

other than **\\NSAR** was specified

during installation, substitute

that path name and directory. \\**NSAR** becomes the current directory

Type **NSAR \<ENTER\>** The NSAR Main Menu appears.

From the NSAR Main Menu,

Select **Start with a Blank Form**

**N-SAR**, and press **\<ENTER\>** The Form N-SAR title screen appears.

### Prepare a Form N-SAR, Using the N-SAR PC Application

The N-SAR program will start and the first screen (see Figure 2.1) will
ask you to identify the drive and subdirectory in which you want your
database\'s to be located.

N-SAR PC Application Version 6.1.a

Enter the drive and subdirectory in which the databases are located:

:\\

Press F1 for Help or Esc to Exit.

[]{#__RefHeading___Toc110321772 .anchor}Figure 2.1: First Screen of
N-SAR PC Application

The directory, **C:\\NSAR**, or other directory was created in the
installation process described earlier in Chapter 2. The subdirectory
**C:\\NSAR\\DATA** was also created for your database. If you want your
database to be created in another subdirectory you must go to the DOS
prompt and use the DOS command described in Appendix A to make that
subdirectory. Type in the name of the drive and directory. For example,
type the following information to answer the request:

**[C:\\NSAR\\DATA]{.underline} [\<ENTER\>]{.underline}**

If the N-SAR program does not find any N-SAR data in that directory it
will ask you if you want to have the N-SAR databases created. Responding

**\<Y\>**

creates empty N-SAR databases that will fill with data as you fill out
the Form N-SAR. Responding

**\<N\>**

causes the N-SAR program to end since the databases are necessary for
the N-SAR application to run. Once the databases have been created or
found, the menu that is shown in Figure 2.2 will appear.

The screen shown in Figure 2.5 is the N-SAR PC Application menu. A
typical session would use option #1 \"EDIT FORM\". (Please refer to
Chapter 3 in this instruction manual for an explanation of each menu
selection.)

**NOTE:** If you choose \"Edit Form,\" you will be asked the following
question: \"After your most recent form N-SAR editing session did you
create-AND transmit an answer file to the SEC (Y or N)?\". If you answer
\"Y\", the program will create a new Answer File for this filing. If you
answer \"N\", the program will identify the response as a request to
edit the current Answer File. See page Chapter 3 for a further
discussion of this question.

> NSAR PC Application
>
> Version 6.1.a
>
> 1\. Edit Form
>
> 2\. Start with Blank Form
>
> 3\. Create Answer File
>
> 4\. Create Q & A File
>
> 5\. Quit NSAR
>
> Use cursor keys to highlight desired option and press
>
> RETURN, or type the number of the option to select it.

[]{#__RefHeading___Toc110321773 .anchor}Figure 2.2: NSAR PC Application
Menu

## Access Codes to the EDGAR System

To identify filers correctly and to ensure that filings are being sent
by entities authorized to make EDGAR submissions, the EDGAR system uses
four access codes: a Central Index Key (CIK), a CIK Confirmation Code
(CCC) for CIK filer authentication, a Password (PW) for log-in when
filing by direct transmission and for modifying the CCC, and a Password
Modification Authorization Code (PMAC) for modifying the password.

If the SEC has already assigned a CIK to a filer, the filer should
continue to use the same CIK. For a new filer, the SEC will assign a
CIK. The CCC, PW and PMAC will be assigned initially by the SEC. These
codes are described fully in the Filer Manual Volume II. Procedures for
applying for or changing the CCC and PW are described there also.

## Data Entry

**[Step 1]{.underline}** The first \"editing\" screen in the N-SAR PC
Application program is the Header Screen. The information you supply on
this screen is very important. It is unique to you, and is used by the
SEC to identify the Answer File that you submit as yours. The entries to
be made on the Header Screen are as follows:

> \(1\) Registrant Name - This must match the Registrant Name on the
> Registration Statement under the Investment Company Act of 1940.
>
> \(2\) File Number - This is the file number assigned to the Registrant
> by the SEC for filings under the Investment Company Act of 1940.
>
> \(3\) Registrant CIK Number - This number is assigned to you by the
> SEC as a unique registrant identifier. It is also used as one of your
> EDGAR access codes. (See the Filer Manual.)

**[Step 2]{.underline}** After the Header Screen has been completed,
Screen 1 will be displayed. Screen 1 requests information about the
registrant and the filing. The date/period for which the N-SAR report is
being filed should be entered at the top of the screen. The field you
select to enter a date will depend upon the period that the N-SAR report
is covering. Questions 7A and 7B request information about your
company\'s status as a series company. If you indicate that the company
is a series company, there will be several multi-series screens within
the program that will ask you to enter the series number to which the
screen\'s information applies.

**[Step 3]{.underline}** Screen 2 requests a list of names of the
company\'s series. Important: Note the series number for each series
name you enter. When information is requested on a series basis on other
screens, the series will be identified by number.

After all information has been entered on screen 2, print out a hard
copy of screen 2 by pressing either the **\<SHIFT\> \<PRINT SCREEN\>**
keys or just the **\<PRINT SCREEN\>** key, depending on your keyboard.
You will find it helpful to have a hard copy of the series names and
assigned numbers when series information is requested on later screens.

**NOTE:** Once a series has been numbered on a Form N-SAR, the series
number should never be changed for subsequent filings, even if a
lower-numbered series has been eliminated.

**[Step 4]{.underline}** If your company is a multiple series company,
many of the remaining screens (Screens 3 - 44) will have a \"Series
Information Block\" located in the upper right hand corner of the
screen. Each Series Information Block will request two types of
information. First, if the answers to [all]{.underline} items on the
screen are the same for ALL series, then type **[ALL]{.underline}** in
the designated block.

By typing **\"ALL\"**, the N-SAR program will assign the same
information to all of the series listed on Screen 2.

There are, however, two ways that answers can be entered on Form N-SAR
when responses to all questions are not the same for all series. The two
methods are: Series-by-Series and Screen-by-Screen.

With the Series-by-Series method, all questions applicable to one series
are answered prior to answering questions for other series. For example,
if your company has three series, you would answer all of the questions
on Form N-SAR that are applicable to the first series before answering
questions for the second or third series. On each screen requiring
information unique to a series, type the given series number in the
Series Information Block and then answer all of the questions that apply
to that series. (Note, series numbers must correspond to the assigned
series numbers on Screen 2.) After answering all of the questions on the
screen, press **\<ENTER\>** to advance to the next screen. Follow the
same procedure for each screen until all of the questions for the first
series have been completed on Form N-SAR. Follow the same procedure for
each subsequent series.

For the Screen-by-Screen method, however, questions are answered for
each series sequentially, one N-SAR screen at a time. For example, a
company with three series would fill out all information for each series
on a given screen before moving on to the next screen. Enter one of the
company series numbers (e.g. series #1) in the Information Series Block
located in the upper right hand corner of the screen. Enter all
information that pertains to that series. After you have filled out all
of the company information that pertains to series #1, press the
**\<F2\>** key, not the **\<ENTER\>** key. Pressing the **\<F2\>** key
will serve two functions:

\(1\) It will save the series #1 data on the current screen, and;

\(2\) It will allow you to change the current series number located in
the upper right corner, thus enabling you to enter company data for the
next series on a fresh clean screen.

The **\<F2\>** key should be pressed each time you need to change a
series number and enter new information for a different series when
using the Screen-by-Screen method.

After all information for the last series has been entered on a screen,
press the **\<ENTER\>** key, not the **\<F2\>** key, to advance to the
next screen in the program. Repeat this step whenever the Series
Information Block appears in the upper right hand corner of a screen.

In addition to following **Step 4**, Screens 3 through 44 should be
filled out as required, using the instructions outlined in Chapter 3. In
some cases, there will be a limited set of responses that will be
accepted by the program for a given answer field. For example, you may
be prompted to enter a dollar amount in an answer field. In this case,
non-numeric characters (except for a minus sign to indicate negative
numbers in some fields) will not be accepted. Entry of invalid data will
prevent the program from proceeding to the next answer block.

There may be some answers, however, that will represent a correct type
of data but an incorrect response. (For example, supplying a numeric
response where indicated although a mathematical error is present in
relation to other answers on the same screen.) When this type of error
occurs, an error message will pop up in the center of the screen.
Pressing any key will cause the error message to disappear and the
cursor to be positioned at the first data field on the screen.

In another instance, the numeric response might also be a valid type of
data but the answer may be inconsistent with responses that were entered
on other screens. In this case, an error message will not be displayed
until the error check routine is run at the end of the program. These
errors will be listed in an Error File called \"ERROR.FIL\"\... The
ERROR.FIL can be viewed and/or printed from within the system. (See
Chapter 3, Section F. for a discussion of ERROR.FIL.)

**[Step 5]{.underline}** After answering all of the questions on Form
N-SAR, you can generate an Answer File. (The Answer File is the basic
Form N-SAR document. You must use EDGARLink to combine the Answer File
with appropriate submission template that can be transmitted to the
SEC.) The instructions in Chapter 3, Section E, \"Generating an Answer
File,\" should be used to create your Answer File.

## Making a Test Filing

If you are filing electronically for the first time, or if you are using
EDGARLink for the first time, you may want to prepare and transmit a
\"test filing\" to the SEC. Test filings give you an opportunity to gain
experience with the N-SAR program and with EDGARLink.

You do not need to fill out the entire Form N-SAR when creating a test
filing. Only the Header Screen and Screens 1 and 2 need-to be completed
for a test submission, but you may choose to use a complete filing for a
test.

For detailed information about submitting Test filings to EDGAR using
EDGARLink, please see the Filer Manual Volume II.

## Managing your N-SAR Files

The N-SAR PC Application diskette contains the N-SAR application program
file, NSAR.EXE. In order to run properly and store your N-SAR responses
the program needs to create and use other N-SAR files.

### The N-SAR Files

For each company that will complete and submit Form N-SAR, there will be
three types of files created by the N-SAR PC Application: database,
index, and text files. Each file category contains the following
collection of files:

  ---------------------- ----------------------- -------------------------
  [Database              [Index                  [Text File]{.underline}
  File]{.underline}      File]{.underline}       

  NSAR.DBF               NSAR.NTX                ANSWER.FIL

  HEADER.DBF             NSAR2.NTX               Q&A.FIL

  READER.DBF                                     ERROR.FIL
  ---------------------- ----------------------- -------------------------

The most important of these files are the database and index files,
which store and allow access to your N-SAR responses.

**NOTE:** Since the database and index files play a role in organizing
and listing your N-SAR responses, both file categories must be kept
together on the same disk and in the same subdirectory at all times.

The N-SAR program also creates, at your option, three text files,
ANSWER.FIL, Q&A.FIL, and ERROR.FIL. ANSWER.FIL is the Answer File (the
basic Form N-SAR document) containing your latest responses to be
included in a submission file. The submission file is transmitted to the
SEC. The Q&A.FIL is the Question and Answer File that contains the
questions on Form N-SAR and all of your answers as they appear on the
screen. The ERROR.FIL contains a listing of any errors found when the
error check program is run. The N-SAR program creates both the Q&A.FIL
and the ERROR.FIL but does not need to use them after they are created.
You may save or delete them as you see fit. These text files are
discussed in greater detail in Chapter 3.

### Backing Up Your Files

After completing and transmitting each filing, you should back up the
data files used for that filing. If you do this you will be able to
retrieve your Form N-SAR responses from any previous filing by restoring
back up files located on the disk to the hard drive and then running the
N-SAR application program.

**NOTE:** The database and index files are dependent on one another and
must be kept together in the same subdirectory on the hard drive and on
the same back-up disk.

The best way to back up the data files is to copy all of the database
and index files onto one disk and all of the text files onto a separate
disk. Remember to label each disk with the list of the contents, and
date them.

A back up of the database, index, and text files can be performed by
using either the COPYDATA and COPYFILS batch utilities or by using a
series of DOS commands. Instructions for making a back up using the
COPYDATA and COPYFILS batch utilities will be described in this section.
(Please refer to Appendix A for instructions on how to back up the N-SAR
files from your hard drive to a disk using DOS commands.

The following set of instructions should be used to create a back up of
your database and index files that are stored on your hard drive onto a
disk. Assuming you are using drive A: and hard drive C:, place a
formatted disk into drive A: and type the following:

> C:\\\>**[CD \\NSAR \<ENTER\>]{.underline}**
>
> C:\\NSAR\>**[COPYDATA A: \<ENTER\>]{.underline}**

The COPYDATA batch utility will copy the N-SAR database and index files
from the default subdirectory, \\NSAR\\DATA, to the disk in drive A: for
storage. A list of the database and index files can be found in Section
2.8.1.

Use the following instructions to copy the text files that are stored on
your hard drive onto a diskette. If you are going to use drive A: and
hard drive C:, place another formatted disk (not the same disk
containing the database and index files) into drive A: and type the
following:

> C:\\\>**[CD \\NSAR \<ENTER\>]{.underline}**
>
> C:\\NSAR\>**[COPYFILS A: \<ENTER\>]{.underline}**

The COPYFILS batch utility will copy the N-SAR text files from the
default subdirectory, \\NSAR\\DATA, to the disk in drive A: for storage.
A list of text files can be found in section 2.7 herein.

If you are processing filings for a number of different companies, the
COPYDATA and COPYFILS utilities can only be used to back up data files
located in the \\NSAR\\DATA subdirectory. Any additional subdirectories
that were created using the DOS commands in Appendix A will have to be
backed up using the backup instructions found in Appendix A. However,
these utilities can be used to back up database, index, and text files
from the \\NSAR\\DATA subdirectory to any other existing subdirectory on
the hard drive, if that subdirectory is correctly specified when typing
the back up command. For example, if you want to back up the database
and index files from the \\NSAR\\DATA subdirectory to a subdirectory
called \\NSAR\\FUND, type the following:

> C:\\NSAR\>**[COPYDATA C:\\NSAR\\FUND \<ENTER\>]{.underline}**

### Subsequent Filings

Since you will have already filed Form N-SAR electronically, you should
have a back-up diskette containing the data files from your most recent
filing. Restoring the back-up data files onto your hard drive will
enable you to update answers on the previous Form N-SAR that has already
been submitted to the SEC. Restoring the most recent back-up data files
and updating the answers on the back-up data files will eliminate the
necessity of having to set up a brand new Form NSAR each time you file
the form with the SEC.

Back-up files can be restored onto your hard drive by using either the
RESTORE batch utility or a series of DOS commands. Instructions for
restoring the N-SAR backup data files using the RESTORE utility will be
described in this section. (Please refer to Appendix A for instructions
on how to restore the back-up data files using DOS commands.

The following set of instructions should be used to restore the N-SAR
backup data files to your hard drive.

**NOTE:** if you removed the N-SAR PC Application program from your hard
drive since your last filing or you have removed the \\NSAR\\DATA
subdirectory, repeat the installation instructions in Section 2.3 before
proceeding.

Assuming you are using drive A: and hard drive C:, place the disk
containing the back-up data files into your drive and type the
following:

> C: \\NSAR\>**RESTORE A: C: \<ENTER\>**

This RESTORE utility will copy the N-SAR data files from the disk to the
\\NSAR\\DATA subdirectory located on your designated hard drive.

**NOTE:** If you restore data files from a disk to a subdirectory on the
hard drive, any database and index files in that subdirectory will be
overwritten. Be sure that any needed data and index files on the hard
disk have been backed up before executing the restore batch utility.

Once the data files are restored on your hard drive, you are ready to
start preparation of another filing. After completing the new filing,
back up the new set of data files on a blank diskette and label it
accordingly (see above).

### Archiving Your Answer File

You could use a different diskette to save the Form N-SAR information
filed with the SEC for each period. For each new filing, use the most
recent data files (on the most recent back-up diskette) as a starting
point for the new filing. Use of a different data diskette for every
filing is optional, however, since your most recent data diskette will
contain all previously filed data up to, and including, the most recent
filing.

Instead, you may choose to archive just the Answer Files as a record of
your transmissions to the SEC. These files do not have to be on separate
diskettes, but each Answer File must have a unique name if you want to
store more than one in the same directory on the same diskette. See
Section 3.5 for further discussion of the Answer File.

An Answer File can be saved (archived) using DOS commands. Archive
instructions can be found in Appendix A, \"Archiving Your Answer File\".

# N-SAR PC APPLICATION OPERATION

## N-SAR Functions

There are five N-SAR functions that may be chosen from the N-SAR PC
Application Menu (See Figure 2.2). These functions are selected either
by highlighting the desired selection and pressing **\<ENTER\>** or by
typing the number of the selection.

(1) The first selection, \"Edit Form\", allows you to edit Form N-SAR.
    Once this selection has been made, you will be asked, \"After your
    most recent Form N-SAR editing session did you create AND transmit
    an answer file to the SEC (Y or N)?\". This is an important
    question. since you have the option of transmitting an Answer File
    containing only new or changed responses to the SEC, (though you may
    also generate Answer Files containing all of your new and old
    responses), the program must know if an Answer File has been
    generated and actually transmitted since the last editing session in
    order to establish the difference between old and new responses for
    future filings. If you answer **[\"Y\"]{.underline}**, the program
    will consider the information in the databases \"current\" and
    identical to the answers on file with the SEC.

> To illustrate, let us assume that after your most recent editing
> session you did generate and transmit an N-SAR filing. You would
> answer **[\"Y\"]{.underline}** to this question, and if you generate a
> new Answer File (to contain only changed responses) before changing
> any answers, the new Answer File would be essentially empty.
>
> In general, you would answer **["Y"]{.underline}** to begin a new
> Answer File and **[\"N\"]{.underline}** to edit or add to an Answer
> File already started. If you are uncertain of how to answer this
> question, answer **[\"N\"]{.underline}**. At worst, the Answer File
> will contain more answers than necessary, and they will all be valid.
> Regardless of your response, the first data entry screen that you see
> will be the Header Screen. From there you can jump to any screen that
> you wish. Selection #1, \"Edit Form\" should be used for the following
> situations:

a)  To prepare a first time filing;

b)  To edit, add, or remove answers on a Form N-SAR that has not already
    been transmitted to the SEC;

c)  To edit a subsequent filing. For example, if you use the backup data
    files from your most recent filing as a basis for setting up a
    subsequent filing, the \"Edit Form\" selection can be used to edit,
    add, or remove answers on your backup N-SAR data file.

```{=html}
<!-- -->
```
(2) The second selection, \"Start with Blank Form\" allows you to
    **delete all** information previously entered into the databases and
    fill out Form N-SAR from scratch. This is discouraged because the
    program will display screens with blank answer fields. If you create
    and transmit an Answer File after starting with a blank form, you
    may overwrite valid answers. Once the selection has been made, you
    are asked, \"Your choice will delete all information in the
    databases. Are you sure you want to do this (Y or N)?\". If you
    respond **[\"Y\"]{.underline}** all of your answers will be deleted
    and you will be presented with a blank Form N-SAR. If you respond
    **\"N\"** your answers will not be deleted and each screen will
    display the most recent information in-the answer fields.

Selection #2 \"Start with Blank Form\" should only be used if a
situation arises where the operations of your investment company are
altered to such a degree that the new operations would change all of the
answers originally reported to the SEC on the company\'s previous
filing. In this case, you would be better off generating a brand new
Form N-SAR for your company.

(3) The third option, \"Create Answer File\" should be selected once you
    have completed the entries that you wish to include in this
    submission. A detailed discussion on creating an Answer File is
    located in Section E.

(4) The \"Create Q & A File\" option allows you to print or display the
    Form N-SAR screens. All questions and corresponding answers to the
    questions on Form N-SAR will be included.

(5) Selecting the option \"Quit NSAR\" returns you to a DOS window.

## Screen Features

There are certain characteristics and features that are common to some,
or all, N-SAR screens. A typical N-SAR screen is shown in Figure 3.1. on
a color monitor, the-following colors are used to represent these
specific types of information on N-SAR screens:

> White - Text of questions and directions,
>
> Highlighted Red or White - Notes, special text, and Answer field text,
>
> Black on White Background - Current answer field,
>
> Highlighted White on Red Background - Error message text and special
> prompts.
>
> **The highlight scheme for a monochrome monitor is as follows:**
>
> White - Text of questions and directions,
>
> Highlighted White - Notes and special text (may be amber, green etc.
> depending upon monitor),
>
> Underlined - Answer field text.
>
> **IN SOME CASES, YOU WILL NOT BE ABLE TO USE THE N-SAR PROGRAM ON A
> MONOCHROME MONITOR**

A blinking cursor with highlighted text indicates the current answer
field. Within the N-SAR PC Application there are 45 screens for data
entry. They consist of one screen for Header Information and screens
numbered 1 through 44.

There are three different types of data screens, shown in Figures 3.1 -
3.4.

Figure 3.1 shows a Registrant level screen. Whether or not the
Registrant is a multi-series company, the data entered on this type of
screen pertains to the entire company. In some cases, this will require
you to total figures for all series of the company.

Figure 3.2 shows a repeatable screen. It allows you to make as many
entries for the given question as required, even if they exceed the
number of answer blanks shown on the screen. An additional function is
provided with this screen that allows you to save the current data and
redisplay the same screen and questions so that more entries can be
made.

Figure 3.3 shows a Series level screen. If you are filing for a
multi-series company, these screens will ask you to enter a series
number for which data is to be entered. Series numbers range from 1 to
99, or, if the same information applies to all series,
**["ALL"]{.underline}** may be entered at this prompt to avoid typing in
the same information many times. The series that is being edited will be
displayed in the upper-right corner of the screen. Data on the screen is
then applicable only to the series that was selected. You may switch
from one series to another, if desired. If the company is not a series
company, the same questions will be asked, but you will not be prompted
for a series number, and series number \"0\" will be displayed
automatically on the screen.

22\. Registrants portfolio transactions with entities acting as
principals:

> List the 10 entities acting as principals with whom Registrant did the
> largest amount of portfolio transactions (include all short-term
> obligations, and U.S. Gov\'t & tax-free securities) in both the
> secondary market & in underwritten offerings set forth in order of
> size based upon total value of principal transactions during the
> current reporting period:
>
> (TO BE ANSWERED IN TOTAL FOR ALL SERIES)

  ------------------- ---------------- -------------------- --------------
  Name of Entity      IRS Number       Registrant           Sales by
                      Purchases                             Registrant

                                       (000\'s omitted)     

                      0                                     0

                      0                                     0

                      0                                     0

                      0                                     0

                      0                                     0

                      0                                     0

                      0                                     0

                      0                                     0

                      0                                     0

                      0                                     0
  ------------------- ---------------- -------------------- --------------

23\. Aggregate principal purchase/sale transactions of Registrant during
current reporting period.

C. Total Purchases OD. Total Sales: 0 (000\'s omitted)

SCREEN NUMBER 12

[]{#__RefHeading___Toc110321774 .anchor}Figure 3.1: Registrant Level
Screen

> AFFILIATED BROKER/DEALER This page is being filed for series 1.
>
> 14\. A) Broker/Dealer Name (if any):
>
> B\) File number: 8
>
> 14\. A) Broker/Dealer Name (if any):
>
> B\) File number: 8
>
> 14\. A) Broker/Dealer Name (if any):
>
> B\) File Number: 8
>
> 14\. A) Broker/Dealer Name (if any):
>
> B\) File Number: 8
>
> 14 A) Broker/Dealer Name (if any):
>
> B\) File Number: 8
>
> Press Ctrl-Left Arrow for previous,
>
> Ctrl-Right Arrow for next/more.
>
> SCREEN NUMBER: 8

[]{#__RefHeading___Toc110321775 .anchor}Figure 3.2 Multiple Entry Screen

> This page being filed for series 1. As of the end of current reporting
> period (000\'s omitted except for per share amounts)
>
> 74\. Condensed balance sheet data:
>
> A\) Cash \$ 0
>
> B\) Repurchase agreements \$ 0
>
> C\) Short-term debt securities other than
>
> repurchase agreements \$ 0
>
> D\) Long-term debt securities including
>
> convertible debt \$ 0
>
> E\) Preferred, convertible preferred, and
>
> adjustable rate preferred, stock \$ 0
>
> F\) Common stock \$ 0
>
> G\) Options on equities \$ 0
>
> H\) Options on all futures \$ 0
>
> I\) Other investments \$ 0
>
> J\) Receivables from portfolio instruments
>
> sold \$ 0
>
> K\) Receivables from affiliated persons \$ 0
>
> L\) Other receivables \$ 0
>
> M\) All other assets \$ 0
>
> N\) Total assets \$ 0

SCREEN NUMBER 3.5

[]{#__RefHeading___Toc110321776 .anchor}Figure 3.3: Series Level Screen

On all N-SAR screens, the number of the currently displayed screen is
shown at the bottom of the screen. The series number, if applicable, is
shown in the top right-hand corner of the screen. Error messages
applicable to the current screen will appear in a window that pops up in
the middle of the screen. To continue after having received an error
message, press any key, and the error message will disappear, leaving
the cursor in the first field on the screen, so that you can correct the
error.

## Screen Operation

The N-SAR PC Application allows you to move among the screens in a
variety of different ways. You may proceed sequentially from one screen
to the next screen (or to the previous screen) or you may \"jump\" to a
particular screen that you specify. Moving between screens is called
\"jumping\". The method used to move between screens differs depending
upon the type of move being made and the type of screen on which you are
currently located. The keys required to move between screens and the
operations that they perform are as follows:

> \(1\) \<PgDn\> Pressing the page down key saves data on the current
> screen and displays the next screen (e.g., from Screen 7 to Screen 8).
>
> \(2\) \<PgUp\> Pressing the page up key saves the data on the current
> screen and displays the previous screen (e.g., from Screen 8 to Screen
> 7).
>
> \(3\) \<Ctrl\>\<PgDn\> Pressing the control key while pressing the
> page down key does not save the data on the current screen and
> displays the next screen (e.g., from Screen 7 to Screen 8).
>
> \(4\) \<Ctrl\>\<PgUp\> Pressing the control and page up key
> simultaneously displays the previous screen (e.g., from Screen 8 to
> Screen 7) without saving the data on the current screen.
>
> \(5\) \<Ctrl\> Holding down the control key while pressing the right
> arrow key \<Right Arrow\> may be done from those screens on which more
> than one screen full of entries may be made for the same question.
> This causes the current entries to be saved and the same screen to be
> redisplayed with either different answers, if you had previously
> entered more than one screen full of entries, or blank answer fields,
> if not. You can then add, edit, or delete responses to the same
> question.
>
> \(6\) \<Ctrl\> Holding down the control key while pressing down the
> left arrow \<Left Arrow\> key may also be done from only those screens
> on which more than one screen full of entries can be made for the same
> question. This causes the current entries to be saved and the previous
> screen full of entries to be redisplayed for the same question.
>
> \(7\) \<Fl\> **Help**. Pressing this key from any data entry screen
> (any screen on which the cursor is blinking) will cause a general help
> screen to be displayed. This screen will contain all of the
> information in this section in an abbreviated form. To exit the help
> screen, press any key. (See Figure 3.4)
>
> \(8\) \<F2\> Pressing this key allows you to change the series being
> edited. The data on the current series is saved and the same number
> screen is displayed for the new series.
>
> \(9\) \<F3\> Pressing this key allows you to delete the information
> displayed on the current screen for the series being edited. (The
> number of the series for which you want to delete information must be
> displayed in the upper right corner of the screen before the
> information can be deleted.) The program will then prompt you for
> confirmation. You may either go ahead and delete the information for
> the series or return to edit the screen. Although the F3 key can be
> used to delete information on the series screen, it cannot be used to
> delete the entire series.
>
> \(10\) \<F4\> Pressing this key allows you to assign a new series
> number to the information being edited on the screen. (The existing
> series number of the series you want to renumber must be displayed in
> the upper right corner of the screen before you press \<F4\>.) The
> program will ask you to specify a new series number for the
> information on the screen (one that does not exist already for the
> current screen). It will then renumber the responses and redisplay the
> current screen with the new series.
>
> \(11\) \<F5\> **Jump.** Pressing this key allows you to jump to a
> different screen. The data on the current screen is saved and a pop-up
> window is displayed prompting you for a screen number (1 to 44). Once
> the number is entered, the requested screen is displayed.
>
> \(12\) \<Ctrl\>\<F5\> **Jump (without saving)**. Pressing the Ctrl key
> and the F5 key simultaneously, allows you to jump to a different
> screen. The data on the current screen is not saved, and a pop-up
> window is displayed prompting you for a screen number (1 to 44). Once
> the number is entered, the requested screen is displayed.
>
> \(13\) \<Ctrl\>\<End\> Holding down the control key and pressing the
> end key saves the data on the current screen and returns you to the
> main menu.
>
> \(14\) \<Esc\> The escape key is used to exit the current screen
> without saving the entries. The program will ask you if you want to
> exit the screen or the editing session or return to the current screen
> Pressing \'IS\" (for Screen) will take you out of the current screen
> and bring you back to Screen 1. Pressing \"Ell (for Exiting
> \"program\") will cause the N-SAR Menu to be displayed. Pressing any
> other key will redisplay the current screen. Unless the Esc key,
> Ctrl-PGUP, Ctrl-PgDn, or Ctrl-F5 combinations are used, the entries
> that currently appear on the screen are saved to the N-SAR database
> when that screen is exited.

N-SAR PC Application Help Screen

> Editing Functions: Keys (s):
>
> Move within and between fields on a screen.
>
> Page Changing Functions: Keys(s) Saves Data?:
>
> Display and edit previous PgUp/PgDn Yes
>
> /next screen.
>
> Display and edit previous
>
> /next screen. Ctrl-PGUP/Ctrl-PgDn No
>
> Jump to a different screen F5 Yes
>
> Jump to a different screen Ctrl-F5 No
>
> Multiple Series
>
> or Repetition Functions: Key (s): Saves Data?:
>
> Edit a different series for
>
> the same screen. F2 Yes
>
> Delete current series
>
> for a screen. F3 No
>
> Assign current responses to
>
> a different series. F4 Yes
>
> Display and edit previous/
>
> next set of answers to the
>
> same screen of questions. Ctrl/Ctrl Yes
>
> Exiting Functions: Key(s): Saves Data?:
>
> Exit data entry and
>
> save screen. Ctrl-End Yes
>
> Exit data entry without
>
> saving screen Esc No

Press any key to continue.

[]{#__RefHeading___Toc110321777 .anchor}Figure 3.4: NSAR PC Application
Help Screen

## CURSOR MOVEMENT AND FIELD EDITING

There are several keys that are used when editing the answer fields
within the N-SAR PC Application. These keys and their function are as
follows:

> \(1\) \<Enter\> Ordinarily, pressing the return key confirms the entry
> in the current answer field and advances to the next answer field.
> However, striking the enter key when the current field is the last
> answer field on the current screen will cause the program to save the
> displayed data and show the next screen (e.g., from Screen 7 to Screen
> 8).
>
> \(2\) \<Arrow\> The up and down arrow keys may be used to move the
> cursor from one answer field to another, and the left and right arrow
> keys may be used to move the cursor within the cursor\'s present
> answer field.
>
> \(3\) \<Del\> The delete key is used to delete the character
> positioned at the current cursor location.
>
> \(4\) \<Backspace\> The backspace key is used to delete the character
> just left of the cursor. All characters to the right of the deleted
> character will be moved one character to the left as well.
>
> \(5\) \<Ins\> The insert key toggles between Insert Mode and overwrite
> Mode. If Insert mode characters are inserted into the current field at
> the present cursor location, all characters in that location and to
> the right, are moved to the right. Overwrite Mode allows you to
> over-write any text that is currently in the cursor\'s present
> position. The default is Insert Mode.
>
> \(6\) \<Home\> The home key moves the cursor to the first position in
> the present answer field.
>
> \(7\) \<End\> The end key moves the cursor to the last position in the
> current answer field.

## Generating an Answer File

The answers that you provide to the questions on Form N-SAR are
transmitted to the SEC in a submission file you create using EDGARLink.
The submission file incorporates the Answer File and certain header
information. Each time you file Form NSAR, you must create a new Answer
File containing certain required information and those answers that have
changed or have been added since your last filing. (You also have the
option of creating and transmitting an Answer File containing all of
your answers, both new and old.) You will need to enter the Name, and
Title of a person who is authorized to submit the filing.

The Answer File should be created after you have completed the entries
you wish to include on Form N-SAR.

**NOTE:** If you are not already at the N-SAR PC Application Menu, you
can get to it by either pressing the control and end keys simultaneously
or by pressing the escape key. Pressing the control and end keys will
save the data on the current screen and return you to the main menu
while pressing the escape key will exit the current screen without
saving the entries.

Select option #3, \"Create Answer File\", to generate the Answer File. A
message will pop-up on the center of your screen asking if you want the
answers on your Form N-SAR checked for errors before generating the
Answer File.

**NOTE:** A discussion of the error checking function is listed below in
Section 3.6.

Once this question has been answered, you will see a screen asking for
the name and title of the person authorized to submit the filing to the
Commission. Then, you will be asked whether you want the Answer File to
contain all of your Form N-SAR responses or just new and changed
responses. If you elect to create an Answer file with just your new and
changed responses, the N-SAR program will determine which answers have
been changed or added and will write only these answers to the new
Answer File called ANSWER.FIL. **SINCE THE ANSWER FILE IS ALWAYS GIVEN
THIS FILENAME, IF THERE IS AN EXISTING ANSWER FILE IN THE DATA DIRECTORY
THAT YOU DESIGNATE AT THE BEGINNING OF THE CURRENT SESSION, IT WILL BE
OVERWRITTEN.**

An Answer File can be saved (archived) using either the COPYFILS batch
utility command or a series of DOS commands. Instructions for archiving
the Answer File using the COPYFILS command will be described in this
section. (Please refer to Appendix A for instructions on how to archive
the Answer File onto a disk using DOS commands.

The Answer File is a text file. It contains either those answers to the
questions on the Form N-SAR that have changed or been added since your
last submission, or all of your Form N-SAR responses, at your option. It
also contains some of your Header Screen information. This Header Screen
data allows the SEC to identify the origin of the Answer File. Finally,
it contains information identifying the end of the Answer File. A sample
Answer File is displayed in Figure 3.5.

After the Answer File is created, you will have an opportunity to elect
to print **[\"P\"]{.underline}** or display **[\"D\"]{.underline}** a
list of the answers that are located in the ANSWER.FIL by following the
instructions given on the screen. \'

The Answer File can also be printed using the DOS \"Print\" command
after exiting the N-SAR program. To print the Answer File using the DOS
\"Print\" command, type the following from the DOS prompt:

C:\\\>PRINT \[DRIVE AND DIRECTORY\]ANSWER.FIL

For example:

C:\\\>**PRINT C:\\NSAR\\DATA\\ANSWER.FIL \<ENTER\>**

or

C:\\\>**CD \\NSAR\\DATA \<ENTER\>**

C:\\**NSAR\\DATA\>PRINT ANSWER.FIL \<ENTER\>**

## The Error File

The answers that you provide to the questions in Form N-SAR should be
checked for accuracy before you use EDGARLink to incorporate these in a
submission for transmission to the SEC. Your answer file will indicate
whether errors have been checked. A filing that says errors have not
been checked will not be accepted by the SEC. Certain inaccuracies in
the answers given in Form N-SAR will be listed in an Error File called
ERROR.FIL. Since the error-checking program is built into the "Create
Answer File\" routine, you will have an opportunity to check for errors
in your answers when you generate your Answer File. **You must check for
errors on the Answer File you use to create a submission and transmit to
the SEC. A submission on which the Header says errors were not checked
will not be accepted by the SEC**.

After selecting the \"Create Answer File\" choice from the main menu,
you will be asked if you want your responses to be checked for errors.
Each answer file will indicate whether errors have been checked, and if
so, whether errors have been found. If errors are present in your Form
N-SAR, you will be given an opportunity to elect print
**["P"]{.underline}** or display **["D\"]{.underline}** a list of the
errors that are located in the ERROR.FIL by following the simple
instructions given on the screen. You may then return to the NSAR PC
Application Menu in Figure 2.2, select Edit Form, and correct the
errors.

The Error File can also be viewed and printed using the DOS \"Type\" and
\"Print\" commands after exiting the N-SAR program. To view an Error
File using the DOS \"Type\" command, type the following from the DOS
prompt:

C:\\\>TYPE \[DRIVE AND DIRECTORY\]ERROR.FIL

For example:

C:\\**[\>TYPE C:\\NSAR\\DATA\\ERROR.FIL \<ENTER\>]{.underline}**

or

C:\\**[\>CD \\NSAR\\DATA \<ENTER\>]{.underline}**

C:\\**[NSAR\\DATA\>TYPE ERROR.FIL \<ENTER\>]{.underline}**

To print an Error File using the DOS \"Print\" command, type the
following:

C:\\\>PRINT \[DRIVE AND DIRECTORY\]ERROR.FIL

For example:

C:\\**\>[PRINT C:\\NSAR\\DATA\\ERROR.FIL \<ENTER\>]{.underline}**

or

C:\\**\>[CD \\NSAR\\DATA \<ENTER\>]{.underline}**

C:\\NSAR\\DATA\>**[PRINT ERROR.FIL \<ENTER\>]{.underline}**

> \<SUBMISSION-TAGS\>
>
> \<TYPE\> NSAR-B
>
> \<CIK\> 123456
>
> \<PERIOD\> 01/31/2000
>
> \</SUBMISSION-TAGS\>
>
> \<DISPLAY\>
>
> \<FILER-NAME\> ABC INVESTMENT COMPANY
>
> \<FILE-NUMBER\> 811-1111
>
> \</DISPLAY\>
>
> \<DOCUMENT\>
>
> \<TYPE\> NSAR-B
>
> \<DESCRIPTION\> N-SAR (6.1)
>
> \<NSAR-VERSION\> 6.1
>
> \<NSAR-ERRORS\> FOUND
>
> \<TEXT\>
>
> \<PAGE\> PAGE 1
>
> 000 BOOOOOO 01/31/2000
>
> 000 COOOOOO 123456
>
> 000 DOOOOOO N
>
> 000 EOOOOOO F
>
> 000 FOOOOOO Y
>
> 000 GOOOOOO N
>
> 000 HOOOOOO N
>
> 000 1000000 6.1
>
> 000 JOOOOOO A
>
> 001 AOOOOOO ABC INVESTMENT COMPANY
>
> 001 BOOOOOO 811-1111
>
> 001 COOOOOO 2022722200
>
> 002 AOOOOOO A STREET
>
> 002 BOOOOOO CITY
>
> 002 COOOOOO VA
>
> 002 D010000 22314
>
> 003 000000 N
>
> 004 000000 N
>
> 005 000000 N
>
> 006 000000 N
>
> 007 AOOOOOO N
>
> 007 BOOOOOO 0
>
> SIGNATURE JOSEPH JONES
>
> TITLE PRESIDENT
>
> \</TEXT\>
>
> \</DOCUMENT\>

See Appendix B for an explanation of the Answer Key

[]{#__RefHeading___Toc110321778 .anchor}Figure 3.5: Sample Answer File

# TRANSMITTING THE N-SAR SUBMISSION 

This section outlines transmitting a N-SAR submission to EDGAR using
EDGARLink.

## Creating the N-SAR Submission

All submissions must use the EDGARLink templates. For detailed
information, please refer to the Filer Manual Volume II. You can attach
an **answer.fil** to an N-SAR submission template with EDGARLink:

1.  Access the Submission Template section and download Template #3.

2.  Open the submission template, complete the submission template
    fields, attach your **answer.fil** document, and save the submission
    template. For detail information about completing a EDGARLink
    submission template, refer to Filer Manual Volume II or access the
    Filer Manual online in the General Help section of the Filing
    website.

You must change the N-SAR filename from **Answer.fil** or **ANSWER.FIL**
to **answer.fil** before you transmit the submission to EDGAR. EDGARLink
won\'t allow you to attach a document without the filename being in all
lowercase letters.

Upon validation of the attached answer.fil, EDGAR will verify that the
\<period\>, \<CIK\>, and \<type\> specified in the answer.fil (under the
\<submission-tags\> tag block are the same as those specified in the
submission header.

Transmit your submission template using the Filing website:

1.  Access the Filing website and Login to EDGAR.

2.  Access the Transmit section.

3.  Select [Transmit as a LIVE Submission]{.underline}.

If you want to submit a Test submission select the [Transmit as a Test
Submission]{.underline}. Your N-SAR submission will be error checked and
you can access your submission from the Retrieve Information section.

4.  Click on the \[Browse\] button, and select your N-SAR template.

5.  Click on the \[Open\] button.

6.  Click on the \[Transmit LIVE Submission\] button. You can go to the
    Retrieve Submission Information section to see if your submission is
    accepted.

For additional detail about compiling, validating, transmitting, or
viewing accepted submissions on EDGAR, see Filer Manual Volume II.

## Exhibits

You must submit all exhibits to Form N-SAR electronically. You must
indicate what exhibits you are filing by answering item 77 of Form
N-SAR. You may find instructions for attaching your exhibits to your
submission in the Filer Manual Volume II. Please label your exhibits as
shown in Appendix C.

**APPENDIX A**

######### MS-DOS BASICS

The N-SAR PC Application runs on IBM compatible personal computers that
use MS-DOS. When using the N-SAR PC Application you may need to know
something about the Disk Operating System (DOS). Every time you turn on
a PC it loads DOS into memory from system files which are stored on
either the A: or C: drive. A disk containing these system files is
commonly referred to as a system disk. DOS tells the machine how to
operate and interact with the keyboard, screen, disk drives, etc., at a
most basic level. A few moments after turning on the PC you should see
the \"DOS prompt\". This will usually look like "C:\>" or \"A:\>\". At
this point you are \"in DOS\" or \"at the DOS prompt\".

The letters A and C (among others) represent disk drives that can be
addressed by your computer. Each disk drive that is part of your PC will
have a drive letter associated with it. Each disk drive may be thought
of as a drawer of a filing cabinet. The prompt on your computer must be
set to show a directory as well as a drive. If the DOS prompt looks like
\"C:\>\" or \"C:\\\>\", this means that the C: drive is the default, or
current, disk drive.

To change default drives, place a diskette into a drive, then type the
letter of the new default drive followed by a colon and press return.
For example, to change from C: to A:, type:

C:\\\>**[A: \<ENTER\>]{.underline}**

The prompt may also show the current directory as well as the current
drive. If so, the prompt will include a backslash For example:

C:\\\>

or

C:\\NSAR

If the backslash does not appear in the prompt, you should change the
prompt so that it includes the directory. Do this by typing:

C:\>**[PROMPT \$P\$G \<ENTER\>]{.underline}**

**FILINGS FOR MORE THAN ONE COMPANY**

If you are creating filings for more than one company on the same
computer, you may wish to create a different subdirectory in which to
store data for each company. Therefore, in addition to, (or instead of)
creating a subdirectory called "\\NSAR\\DATA" you could create (as
examples) "\\NSAR\\DATA1", "\\NSAR\\DATA2", et cetera. Consult your DOS
user\'s guide for information about creating directories using DOS
commands.

**FILE NAMES AND EXTENSIONS**

There are several different types of files that may reside on a disk
drive. Files have names up to eight characters long, followed by an
optional extension up to three characters long. If used, the extension
is separated from the file name by a period. It does not matter whether
you use upper or lower case to specify a file or directory name; DOS
will handle the conversion. Some examples of file names are: NSAR.EXE,
NSAR.DBF, ANSWER.FIL. The first file is the name of the N-SAR PC
Application. This is an \"executable file\", which means it is a program
that can be run from within DOS, and it has the ending ".EXE" to
indicate this.

The other two files (NSAR.DBF and ANSWER.FIL), listed above, could be
anything; DOS attaches no significance to the ".DBF" and ".FIL"
extensions as it does with ".EXE". The N-SAR PC Application does,
however, attach special significance to these two file names. \'NSAR.DBF
is the name of the dBase III database file which contains all of your
Form N-SAR responses, and ANSWER.FIL is the name of the Answer File,
which contains Form N-SAR responses that are in NSAR.DBF.

To display the contents of a file, you can use the DOS \"TYPE\" command
and specify the drive and subdirectory where the database file is stored
and the file name and its extension, if any. For example:

C:\\NSAR\\DATA\>**[TYPE ANSWER.FIL \<ENTER\>]{.underline}**

While the \"TYPE\" command will work on any kind of file, only text
files are suitable for viewing in this manner. other files will usually
display a lot of unintelligible symbols in addition to any plain text
that they contain. Files look very peculiar when viewed this way. Each
of the files with ".FIL" extensions created by the N-SAR PC Application
is a text file and may be viewed this way. (**NOTE:** To stop the
scrolling of text files to the screen, press **\<Ctrl-S\>**. To restart,
press any key (or **\<Ctr1-S\>**).

Text files (for example ANSWER.FIL) can also be printed using the DOS
\"PRINT\" command and can be printed from either your directory or
subdirectory.

To print the Answer File from the directory, \\NSAR, type the PRINT
command and preface the filename with the subdirectory in which the file
is located. For example:

C:\\NSAR\>**[PRINT \\NSAR\\DATA\\ANSWER.FIL \<ENTER\>]{.underline}**

The Answer File can also be printed from the subdirectory \\NSAR\\DATA,
in which case you would simply type the PRINT command followed by the
filename. For example:

C:\\NSAR\\DATA\>**[PRINT ANSWER.FIL \<ENTER\>]{.underline}**

You can also print the Answer File, which is located on your hard drive
from a disk drive by typing the PRINT command and prefacing the filename
with the drive and subdirectory in which the file is located. For
example, if you are in drive A: and you want to print the Answer File
located on the C: hard drive, type the following:

A:\\**\>[PRINT C:\\NSAR\\DATA\\ANSWER.FIL]{.underline}
[\<ENTER\>]{.underline}**

After typing one of the print options above and pressing **\<ENTER\>**,
the PC may ask something like:

Name of list device \[PRN\]:

Just press **\<ENTER\>** again, and the file should start printing (make
sure your printer is turned on!).

**BACKING UP YOUR FILES**

The following set of instructions should be used to create a backup of
your database, index, and text files that are stored on your hard drive
onto a disk. A list of these data files can be found in Chapter 2.

**NOTE:** The database and index files are dependent on one another and
[must]{.underline} be kept together on the hard drive and copied onto
the same disk during a back up. Therefore, if the index files are erased
from the hard drive or they are not copied onto the disk that contains
the database files, you will not be able to use the database files for a
subsequent filing.

Assuming you are using drive A: and hard drive C:, place a disk into
drive A: and type the following:

\[DATA DRIVE\\DATA DIRECTORY\] COPY \*.DBF A:

Some examples: C:\\NSAR\\DATA**\>[COPY \*.DBF A:
\<ENTER\>]{.underline}**

C:\\NSAR\\DATA**\>[COPY \*.NTX A: \<ENTER\>]{.underline}**

This will copy all of your N-SAR files having extensions DBF and .NTX to
the disk in drive A:

If you also wish to back up the text files, type the following:

\[DATA DRIVE\\DATA DIRECTORY\] COPY \*.FIL A:

For example: C:\\NSAR\\DATA\>**[COPY \*.FIL A: \<ENTER\>]{.underline}**

If your N-SAR filing is quite large, the text files Q&A.FIL and
ANSWER.FIL may not fit on the same diskette with the other data files.
If this happens you will get a message on the screen indicating which
N-SAR files were copied. Depending on which file did not fit on the
diskette with the other data files, type either of the following
commands after placing a blank formatted diskette into drive A:

C:\\NSAR\\DATA**\>[COPY Q&A.FIL A: \<ENTER\>]{.underline}**

or

C:\\NSAR\\DATA**\>[COPY ANSWER.FIL A: \<ENTER\>]{.underline}**

After all of the data files have been backed up you may want to delete
the data files on the hard drive (to free up space). If you are
processing filings for a number of different companies on the same
computer you will want to keep a different set of data files for each
company. The easiest way to do this is to follow these steps:

1.  Create files for one company;

2.  Copy the data files for that company onto a diskette. The data files
    can then be deleted from your hard drive, if applicable;

3.  Repeat steps (1) and (2) for each company, using a different
    diskette for each company;

4.  Back up the files on each disk by copying them onto another disk.

By doing this you will keep the data files for each company separate
while maintaining backup files for each company. Remember to label each
back up diskette by listing what files are on it and when it was
created!

**DUPLICATE COPIES**

You may also wish to have duplicate copies of your data files (one
working copy and one file copy). To make duplicate copies, use the same
copy procedures described in \"Backing Up Your Files\" in this appendix.

**SUBSEQUENT FILINGS**

If your PC has a hard drive, you may want to restore the back up data
files onto your hard drive prior to preparing your next filing. To
restore the backup files, insert the backup diskette into the A: drive
then type the data files to the hard drive categories in the following
manner:

C:\\\>COPY A:\*.DBF \[DATA DRIVE\]\[DATA DIRECTORY\] \<ENTER\>

C:\\\>COPY A:\*.NTX \[DATA DRIVE\]\[DATA DIRECTORY\] \<ENTER\>

For example, to copy the data files from A: drive to C:\\NSAR\\DATA type
the following:

C:\\**\>[COPY A:\*.DBF C:\\NSAR\\DATA \<ENTER\>]{.underline}**

C**:\\\>[COPY A:\*.NTX C:\\NSAR\\DATA \<ENTER\>]{.underline}**

Once the data files are copied onto your hard drive, you are ready to
start work on another filing. After completing this filing, back up the
data files onto a blank diskette and label it accordingly (see above).

Over time you could acquire a different diskette containing the Form
N-SAR information filed with the SEC for each period. For each new
filing, use the most recent data files (on the most recent back up
diskette)\* as a starting point for the new filing. It is optional to
save a data diskette for every filing since your most recent data
diskette will contain all previously filed data up to, and including,
the most recent filing.

**ARCHIVING YOUR ANSWER FILE**

There are two ways to save (or archive) an old Answer File: 1) Archive
each Answer File on a separate diskette using the same filename, and; 2)
Archive Answer Files on the same diskette using different filenames.

To archive Answer Files on separate diskettes, simply copy each
ANSWER.FIL to separate blank formatted diskettes. Assuming you are using
drive A: and hard drive C:, place a formatted disk into drive A: and
type the following:

C:\\NSAR\\DATA**\>[COPY ANSWER.FIL A: \<ENTER\>]{.underline}**

**NOTE:** If you plan to archive your Answer Files this way, you must
label and date your diskettes carefully since each diskette will contain
the same filename called \"ANSWER.FIL\".

Unlike the previous method where each Answer File is archived on
separate disks using the same filename, this method allows you to
archive Answer Files on the same diskette using a unique filename to
identify each Answer File.

**NOTE:** Since the N-SAR program always generates an answer file using
the same filename, ANSWER.FIL, any existing answer file in the data
directory that you designate at the beginning of the current session
will be **[overwritten]{.underline}**!

To archive Answer Files using different filenames, place the formatted
diskette you intend to archive all Answer Files to and type the
following:

COPY ANSWER.FIL \[DESTINATION DRIVE AND FILENAME\]

For example, you could create the filenames (as examples) "FND01-00",
"FND02-00", et cetera. Assuming you are using drive A: and hard drive
C:, type:

C:\\NSAR\\DATA**\>[COPY ANSWER.FIL A:FND01-00.FIL
\<ENTER\>]{.underline}**

to identify the Answer File for your first semi-annual filing in 2000,
and

C:\\NSAR\\DATA**\>[COPY ANSWER.FIL A:FND02-90.FIL
\<ENTER\>]{.underline}**

to identify the Answer File for your second semi-annual filing in 2000.

**APPENDIX B**

######### CONTENTS OF THE ANSWER FILE

The N-SAR PC Application produces a formatted text file called the
Answer File. It\'s DOS filename is \"ANSWER.FIL\". The format of the
file is as follows:

1.  File header information

2.  Answers to the Form N-SAR items (answer key and answer)

3.  Signature block (signature and title lines)

4.  End-of-text and end-of-document tags

A sample of an abbreviated Answer File is shown in Figure B.1.

> \<SUBMISSION-TAGS\>
>
> \<TYPE\> NSAR-B
>
> \<CIK\> 123456
>
> \<PERIOD\> 01/31/2003
>
> \</SUBMISSION-TAGS\>
>
> \<DISPLAY\>
>
> \<FILER-NAME\> ABC INVESTMENT COMPANY
>
> \<FILE-NUMBER\> 811-1111
>
> \</DISPLAY\>
>
> \<DOCUMENT\>
>
> \<TYPE\> NSAR-B
>
> \<DESCRIPTION\> N-SAR (6.1)
>
> \<NSAR-VERSION\> 6.1
>
> \<NSAR-ERRORS\> FOUND
>
> \<TEXT\>
>
> \<PAGE\> PAGE 1
>
> 000 BOOOOOO 01/31/2003
>
> 000 COOOOOO 123456
>
> 000 DOOOOOO N
>
> 000 EOOOOOO F
>
> 000 FOOOOOO Y
>
> 000 GOOOOOO N
>
> 000 HOOOOOO N
>
> 000 1000000 6.1
>
> 000 JOOOOOO A
>
> 001 AOOOOOO ABC INVESTMENT COMPANY
>
> 001 BOOOOOO 811-1111
>
> 001 COOOOOO 2022722200
>
> 002 AOOOOOO A STREET
>
> 002 BOOOOOO CITY
>
> 002 COOOOOO VA
>
> 002 D010000 22314
>
> 003 000000 N
>
> 004 000000 N
>
> 005 000000 N
>
> 006 000000 N
>
> 007 AOOOOOO N
>
> 007 BOOOOOO 0
>
> SIGNATURE JOSEPH JONES
>
> TITLE PRESIDENT
>
> \</TEXT\>
>
> \</DOCUMENT\>

See Appendix C for an explanation of the Answer Key

[]{#__RefHeading___Toc110321779 .anchor}Figure B.1: Sample Answer File

**APPENDIX C**

######### ANSWER KEY

In the Answer File, each answer is preceded by an eleven-column answer
key, a series of letters and numbers that represent the Form N-SAR
question for which the answer was provided.

[Columns]{.underline} [Meaning]{.underline}

> 1-3 Item number
>
> 4-5 Item letter (blank if no letter is applicable)
>
> 6-7 Item subnumber ("00" if no subnumber is applicable)
>
> 8-9 Series ("00" for registrant level answers "AA" for \"ALL\" series
> answers)
>
> 10-11 Repetition (When there may be more than one answer for a given
> item/number/letter/subname and series, each answer is given a unique
> repetition number)

A typical answer line might be "008DO20403 NY". This identifies the
answer as belonging to item 8.D.2. (state in which the investment
adviser is located). It also shows that the answer was provided for the
fund\'s fourth series, and relates to the third investment adviser
named.

**APPENDIX D**

######### N-SAR DATABASE RECONSTRUCTION UTILITY

[Repairing Damaged Files with the Reconstruction Utility]{.underline}

In rare instances, performing certain operations using the N-SAR PC
Application may cause the database and/or index files created by the
Application to be corrupted. We have included the N-SAR Database
Reconstruction Utility in the electronic filing package for Form N-SAR
as a safeguard. If you experience any of the problems described below
while using Version 6.1.a, please try the Reconstruction Utility, using
the following instructions. Also, please contact the NSAR Inquiry Line,
at (202) 551-6703, to report the problems.

You may have corrupted database and/or index files if an error message
appears on your screen while you are using the N-SAR PC Application, and
the error message does NOT appear inside a red block, or if you find
some erroneous, misaligned, or duplicate entries on your Q&A or Answer
Files that cannot be corrected or deleted by normal procedures. If you
find this condition, you have damaged database and/or index files, and
you need to use the enclosed Reconstruction Utility. The utility is
designed to restore the structural integrity of the database and index
files used by the N-SAR PC Application.

None of the answers you have entered on the database are lost if the
database files become corrupted, but those few that have been corrupted
must be removed. The Reconstruction Utility extracts from the database
the answers that have been corrupted and lists them in a separate file
called \"DELETED.\'TXT\". The Reconstruction Utility then re-indexes the
database files. After using the utility, you can print out this file and
reenter information as necessary.

[Instructions for Using N-SAR Database Reconstruction Utility Version
1.0]{.underline}

If you need to use the Reconstruction Utility, change to the drive and
directory where REBUILD.EXE resides and type:

**[REBUILD]{.underline}**

Your computer will display the screen shown in Attachment A. In response
to the prompt, enter the drive and subdirectory in which the database
files are located, just as you do at the start of the N-SAR PC
Application. Press **\<ENTER\>.** The Reconstruction Utility will
examine the databases. If there are no corrupted records, you will see
the screen in Attachment B.

If the Reconstruction Utility finds corrupted records on your database,
it will extract the corrupted records, write them to a DELETED.TXT file,
and rebuild the database and index files. At this point, you should
print out the file showing the deleted answers so the data can be
re-entered. To do this, change to the subdirectory where your database
files are located. If, for example, the [database]{.underline} files are
in NSAR\\DATA, at C:\>, type:

**[CD \\NSARNDATA \<ENTER\>.]{.underline}**

At C:\\NSAR\\DATA\>, type:

**[DIR \*.TXT \<ENTER\>.]{.underline}**

A file called DELETED.TXT should appear in the same subdirectory as your
database files. If it does, make sure your printer is turned on and
type:

**[PRINT DELETED.TXT \<ENTER\>]{.underline}**

You should get a printout that lists N-SAR answers that have been
deleted from your database. You should create a Q&A file to check all
answers for any item listed on the DELETED.TXT file (the Reconstruction
Utility will delete duplicate answers as well as corrupted answers).
Re-enter the answers as necessary, using the menu entry \"Edit Form\" on
the N-SAR PC Application Menu.

INDEX

---A---

ACCESS CODES TO THE EDGAR SYSTEM, 2-7

ANSWER KEY, C-1

ARCHIVING YOUR ANSWER FILE, 2-13, **A-5**

---B---

BACKING UP YOUR FILES, 2-11, **A-3**

---C---

COMPATIBILITY OF N-SAR PC APPLICATION VERSION 6.1 WITH EARLIER VERSIONS
OF SOFTWARE, 1-1

CONTENTS OF THE ANSWER FILE, B-1

CREATING AND TRANSMITTING THE N-SAR SUBMISSION USING EDGARLINK FOR DOS,
4-1

Creating the Installation Diskette, 2-3

CREATING THE N-SAR SUBMISSION, 4-1

---D---

DATA ENTRY, 2-7

**DUPLICATE COPIES**, **A-4**

---E---

EXHIBITS, 4-1

---F---

**FILE NAMES AND EXTENSIONS**, **A-2**

**FILINGS FOR MORE THAN ONE COMPANY**, **A-1**

First Screen of N-SAR PC Application, 2-5

---G---

GENERATING AN ANSWER FILE, 3-10

GETTING STARTED, 2-1

---H---

HARDWARE AND SOFTWARE REQUIREMENTS, 2-1

---I---

Install And Configure EDGARLink, 2-2

Install The N-SAR PC Application, 2-2

INSTALLATION OF EDGARLINK AND N-SAR PC APPLICATION, 2-2

Installing N-SAR, 2-3

INTRODUCTION TO N-SAR, 1-1

---M---

MAKING A TEST FILING, 2-10

MANAGING YOUR N-SAR FILES, 2-10

MS-DOS BASICS, A-1

Multiple Entry Screen, 3-5

---N---

N-SAR DATABASE RECONSTRUCTION UTILITY, D-1

N-SAR FUNCTIONS, 3-1

NSAR PC Application Help Screen, 3-9

NSAR PC Application Menu, 2-7

N-SAR PC APPLICATION OPERATION, 3-1

N-SAR SUPPLEMENT CONVENTIONS, 1-2

---O---

OVERVIEW OF N-SAR/EDGARLINK INTERFACE, 2-2

---P---

Prepare a Form N-SAR, Using the N-SAR PC Application, 2-5

PURPOSE, 1-1

---R---

Registrant Level Screen, 3-4

---S---

Sample Answer File, B-2

SCREEN FEATURES, 3-2

SCREEN OPERATION, 3-7

Series Level Screen, 3-6

START EDGARLINK AND PREPARE A FORM N-SAR, 2-4

Starting N-SAR, 2-4

STRUCTURE OF THE USER\'S GUIDE, 1-2

SUBSEQUENT FILINGS, 2-12, **A-4**

---T---

THE ERROR FILE, 3-12

THE N-SAR FILES, 2-10