Document Headings

                    Document headings vary by document type but may contain                    the following:                  
                -                       the agency or agencies that issued and signed a document                    
                -                       the number of the CFR title and the number of each part                      the document amends, proposes to amend, or is directly                      related to                    
                -                       the agency docket number / agency internal file number                    
                -                       the RIN which identifies each regulatory action listed in                      the Unified Agenda of Federal Regulatory and Deregulatory                      Actions                    

                    See the                                          Document Drafting Handbook                                        for more details.                  

###### Securities and Exchange Commission

          - [Release No. IC-29898]

# FOR FURTHER INFORMATION CONTACT:

Diane L. Titus at (202) 551-6810, SEC, Division of Investment Management, Office of Investment Company Regulation, 100 F Street NE., Washington, DC 20549-8010.

## Tax-Free Investments Trust

*Summary:*                         Applicant seeks an order declaring that it has ceased to be an investment company. On April 30, 2008, applicant transferred its assets to Tax-Free Cash Reserve Portfolio, a series of Short-Term Investments Trust, based on net asset value. Expenses of $29,100 incurred in connection with the reorganization were paid by Invesco Advisers, Inc., applicant's investment adviser.                    

*Filing Dates:*                         The application was filed on April 23, 2010 and amended on December 2, 2011.                    

*Applicant's Address:*                         11 Greenway Plaza, Suite 100, Houston, TX 77046-1173.                    

## Fidelity Capital Fund, Inc.

*Summary:*                         Applicant seeks an order declaring that it has ceased to be an investment company. On December 31, 1979, applicant transferred its assets to Fidelity Trend Fund, Inc., based on net asset value. Expenses of approximately $100,000 incurred in connection with the reorganization were paid by applicant and the acquiring fund based on respective net assets.                    

*Filing Dates:*                         The application was filed on October 17, 2011, and amended on December 1, 2011.                    

*Applicant's Address:*                         82 Devonshire St., Boston, MA 02109.                    

## Rochdale High Yield Advances Fund, LLC

*Summary:*                         Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On June 28, 2011, applicant made a liquidating distribution to its shareholders, based on net asset value. Expenses of $3,500 incurred in connection with the liquidation were paid by Rochdale Investment Management, LLC, applicant's investment adviser.                    

*Filing Dates:*                         The application was filed on September 21, 2011 and amended on December 16, 2011.                    

*Applicant's Address:*                         570 Lexington Ave., New York, NY 10022.                    

## First Trust Strategic High Income Fund

## First Trust Strategic High Income Fund III

*Summary:*                         Each applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On October 3, 2011, applicants transferred their assets to First Trust Strategic High Income Fund II, based on net asset value. Total expenses of approximately $515,500 incurred in connection with the reorganization were paid by applicants and the acquiring fund on a pro rata basis, based on the net asset value of each fund prior to the closing date of the reorganization.                    

*Filing Dates:*                         The applications were filed on October 27, 2011 and amended on December 16, 2011.                    

*Applicants' Address:*                         120 East Liberty Dr., Suite 400, Wheaton, IL 60187.                    

## CPG FrontPoint Multi-Strategy Fund

*Summary:*                         Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On December 1, 2011, applicant made a liquidating distribution to its shareholders, based on net asset value. Expenses of $11,000 incurred in connection with the liquidation were paid by applicant.                    

*Filing Date:*                         The application was filed on December 1, 2011.                    

*Applicant's Address:*                         c/o Central Park Advisers, LLC, 805 Third Ave., 18th Floor, New York, NY 10022.                    

## Arden Sage Multi-Strategy TEI Fund, LLC

*Summary:*                         Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On September 30, 2011, applicant transferred its assets to Arden Sage Multi-Strategy Fund, LLC (f/k/a Robeco-Sage Multi-Strategy Fund, LLC), based on net asset value. Expenses of $38,000 incurred in connection with the reorganization were paid by Robeco                               ( print page 826)                            Investment Management, Inc., applicant's former investment adviser.                    

*Filing Date:*                         The application was filed on November 30, 2011.                    

*Applicant's Address:*                         375 Park Ave., 32nd floor, New York, NY 10152.                    

## Arden Sage Multi-Strategy TEI Master Fund, LLC

*Summary:*                         Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On September 30, 2011, applicant transferred its assets to Arden Sage Multi-Strategy Master Fund, LLC (f/k/a Robeco-Sage Multi-Strategy Master Fund, LLC), based on net asset value. Expenses of $38,000 incurred in connection with the reorganization were paid by Robeco Investment Management, Inc., applicant's former investment adviser.                    

*Filing Date:*                         The application was filed on November 30, 2011.                    

*Applicant's Address:*                         375 Park Ave., 32nd floor, New York, NY 10152.                    

## Keystone High Yield Priority Value Fund

*Summary:*                         Applicant seeks an order declaring that it has ceased to be an investment company. Applicant has never made a public offering of its securities and does not propose to make a public offering or engage in business of any kind.                    

*Filing Date:*                         The application was filed on December 7, 2011.                    

*Applicant's Address:*                         200 Berkeley St., Boston, MA 02116.                    

For the Commission, by the Division of Investment Management, pursuant to delegated authority.

Elizabeth M. Murphy,

Secretary.

[FR Doc. 2012-46 Filed 1-5-12; 8:45 am]

BILLING CODE 8011-01-P