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-31387]

# ADDRESSES:

The Commission: Brent J. Fields, Secretary, U.S. Securities and Exchange Commission, 100 F Street NE., Washington, DC 20549-1090.

# FOR FURTHER INFORMATION CONTACT:

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

## Morgan Creek Global Equity Long/Short Fund [File No. 811-22460]

*Summary:*                         Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. On June 30, 2012, applicant made a liquidating distribution to its shareholders, based on net asset value. Applicant incurred no expenses in connection with the liquidation.                    

*Filing Date:*                         The application was filed on December 10, 2014.                    

*Applicant's Address:*                         301 West Barbee Chapel Rd., Suite 200, Chapel Hill, NC 27517.                    

## WY Funds [File No. 811-21675]

*Summary:*                         Applicant seeks an order declaring that it has ceased to be an investment company. On September 26, 2014, applicant made a liquidating distribution to its shareholders, based on net asset value. Expenses of $2,400 incurred in connection with the liquidation were paid by Wertz York Capital Management Group, LLC, applicant's investment adviser.                    

*Filing Date:*                         The application was filed on December 5, 2014.                    

*Applicant's Address:*                         5502 N. Nebraska Ave., Tampa, FL 33604.                    

## Pax World Funds Trust II [File No. 811-22187]

*Summary:*                         Applicant seeks an order declaring that it has ceased to be an investment company. Applicant transferred its assets to Pax World Funds Series Trust I, and on March 31, 2014, made a distribution to its shareholders based on net asset value. Expenses of approximately $419,000 incurred in connection with the reorganization were paid by the acquiring fund and Pax World Management LLC, applicant's investment adviser.                    

*Filing Date:*                         The application was filed on December 2, 2014.                    

*Applicant's Address:*                         30 Penhallow Street, Suite 400, Portsmouth, NH 03801.                    

## COUNTRY Mutual Funds Trust [File No. 811-10475]

*Summary:*                         Applicant seeks an order declaring that it has ceased to be an investment company. On October 31, 2013, applicant made a liquidating distribution to its shareholders, based on net asset value. Expenses of $57,097 incurred in connection with the liquidation were paid by applicant and COUNTRY Fund Management, applicant's investment adviser.                    

*Filing Date:*                         The application was filed on November 25, 2014.                    

*Applicant's Address:*                         1705 North Towanda Ave., Bloomington, IL 61702.                    

## BlackRock Income Opportunity Trust, Inc. [File No. 811-6443]

*Summary:*                         Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. Applicant transferred its assets to BlackRock Core Bond Trust, and on November 10, 2014, made a distribution to its shareholders based on net asset value. Expenses of approximately $409,641 incurred in connection with the reorganization were paid by applicant and BlackRock Advisors, LLC, applicant's investment adviser.                    

*Filing Date:*                         The application was filed on November 21, 2014.                    

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

## J.P. Morgan Series Trust II [File No. 811-8212]

*Summary:*                         Applicant seeks an order declaring that it has ceased to be an investment company. Applicant transferred its assets to JPMorgan Insurance Trust, and on April 24, 2009, made distributions to its shareholders based on net asset value. Expenses of $676,471 incurred in connection with the reorganization were paid by J.P. Morgan Investment Management Inc. and JPMorgan Funds Management, Inc., applicant's investment adviser and administrator, and JPMorgan Investment Advisors Inc., investment adviser to the acquiring fund.                    

*Filing Dates:*                         The application was filed on July 3, 2012, and amended on September 13, 2012 and November 7, 2014.                    

*Applicant's Address:*                         270 Park Ave., New York, NY 10017.                    

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

Kevin M. O'Neill,

Deputy Secretary.

[FR Doc. 2014-30278 Filed 12-24-14; 8:45 am]

BILLING CODE 8011-01-P