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                    

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###### Securities and Exchange Commission

          - [Release No. IC-30025]

# 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.

## Value Line Convertible Fund, Inc.

*Summary:*                         Applicant seeks an order declaring that it has ceased to be an investment company. On December 16, 2011, applicant transferred its assets to Value Line Income and Growth Fund, Inc., based on net asset value. Expenses of $81,000 incurred in connection with the reorganization were paid by applicant and the acquiring fund pro rata based on relative net asset value.                    

*Filing Dates:*                         The application was filed on January 18, 2012 and amended on March 8, 2012.                    

*Applicant's Address:*                         7 Times Square, 21st Floor, New York, NY 10036.                    

## UBS Equity Opportunity Fund, L.L.C.

*Summary:*                         Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On December 23, 2011, applicant made a final 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 March 9, 2012.                              ( print page 20854)    

*Applicant's Address:*                         c/o UBS Alternative and Quantitative Investments LLC, 677 Washington BLVD., Stamford, CT 06901.                    

## Tax Exempt Proceeds Fund Inc.

*Summary:*                         Applicant seeks an order declaring that it has ceased to be an investment company. On December 30, 2011, applicant made a liquidating distribution to its shareholders, based on net asset value. Expenses of approximately $32,393 incurred in connection with the liquidation were paid by Reich & Tang Asset Management, LLC, applicant's investment adviser.                    

*Filing Date:*                         The application was filed on February 23, 2012.                    

## BlackRock Short-Term Bond Series, Inc.

*Summary:*                         Applicant seeks an order declaring that it has ceased to be an investment company. On July 18, 2011, applicant transferred its assets to BlackRock Low Duration Bond Portfolio, a series of BlackRock Funds II, based on net asset value. Of approximately $444,386 in expenses incurred in connection with the reorganization, $292,335 were paid by applicant and $152,051 were paid by BlackRock Advisors, LLC, applicant's investment adviser.                    

*Filing Dates:*                         The application was filed on December 22, 2011 and amended on March 8, 2010.                    

*Applicant's Address:*                         100 Bellevue Parkway, Wilmington, DE 19809.                    

## Cash Assets Trust

*Summary:*                         Applicant seeks an order declaring that it has ceased to be an investment company. On January 5, 2012, applicant made a final liquidating distribution to its shareholders, based on net asset value. Expenses of $88,505 incurred in connection with the liquidation were paid by Aquila Investment Management LLC, applicant's administrator and Asset Management Group of Bank of Hawaii, applicant's investment adviser.                    

*Filing Dates:*                         The application was filed on January 6, 2012 and amended on March 16, 2012.                    

*Applicant's Address:*                         380 Madison Ave., Suite 2300, New York, NY 10017.                    

## SunAmerica Focused Alpha Growth Fund, Inc.

## SunAmerica Focused Alpha Large-Cap Fund, Inc.

*Summary:*                         Each applicant seeks an order declaring that it has ceased to be an investment company. On January 23, 2012, applicants transferred their assets to corresponding series of SunAmerica Specialty Series, based on net asset value. Expenses of approximately $344,850 and $337,100, respectively, incurred in connection with the reorganizations were paid by applicants.                    

*Filing Date:*                         The applications were filed March 7, 2012.                    

*Applicants' Address:*                         Harborside Financial Center, 3200 Plaza 5, Jersey City, NJ 07311-4992.                    

## Munder Series Trust II

*Summary:*                         Applicant seeks an order declaring that it has ceased to be an investment company. On April 8, 2011, applicant transferred its assets to Munder Series Trust, based on net asset value. Expenses of $101,474 incurred in connection with the reorganization were paid by Munder Capital Management, investment adviser to applicant and the acquiring fund.                    

*Filing Dates:*                         The application was filed on December 13, 2011, and amended on December 14, 2011, and March 7, 2012.                    

*Applicant's Address:*                         480 Pierce St., Birmingham, MI 48009.                    

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

Elizabeth M. Murphy,

Secretary.

[FR Doc. 2012-8262 Filed 4-5-12; 8:45 am]

BILLING CODE 8011-01-P