Document ID: SEC-2016-1112-0001
Agency: sec
Document Type: Notice
Title: Applications: Deregistration under the Investment Company Act
Posted Date: 2016-06-30T04:00Z

[Federal Register Volume 81, Number 126 (Thursday, June 30, 2016)]
[Notices]
[Pages 42761-42762]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-15458]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-32161]

Notice of Applications for Deregistration Under Section 8(f) of 
the Investment Company Act of 1940

June 24, 2016.
    The following is a notice of applications for deregistration under 
section 8(f) of the Investment Company Act of 1940 for the month of 
June 2016. A copy of each application may be obtained via the 
Commission's Web site by searching for the file number, or for an 
applicant using the Company name box, at http://www.sec.gov/search/search.htm or by calling (202) 551-8090. An order granting each 
application will be issued unless the SEC orders a hearing. Interested 
persons may request a hearing on any application by writing to the 
SEC's Secretary at the address below and serving the relevant applicant 
with a copy of the request, personally or by mail. Hearing requests 
should be received by the SEC by 5:30 p.m. on July 19, 2016, and should 
be accompanied by proof of service on applicants, in the form of an 
affidavit or, for lawyers, a certificate of service. Pursuant to Rule 
0-5 under the Act, hearing requests should state the nature of the 
writer's interest, any facts bearing upon the desirability of a hearing 
on the matter, the reason for the request, and the issues contested. 
Persons who wish to be notified of a hearing may request notification 
by writing to the Commission's Secretary.

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

FOR FURTHER INFORMATION CONTACT: Hae-Sung Lee, Attorney-Adviser, at 
(202) 551-7345 or Chief Counsel's Office at (202) 551-6821; SEC, 
Division of Investment Management, Chief Counsel's Office, 100 F Street 
NE., Washington, DC 20549-8010.

Oppenheimer SteelPath Master MLP Fund, LLC [File No. 811-22783]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On December 1, 2015, 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 June 1, 2016.
    Applicant's Address: 6803 S. Tucson Way, Centennial, CO 80112.

Private Advisors Alternative Strategies Master Fund [File No. 811-
22646]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Applicant is 
owned by one beneficial owner and does not propose to make a public 
offering of its securities. Applicant will continue to operate as a 
private investment fund in reliance on section 3(c)(1) or 3(c)(7) of 
the Act.
    Filing Date: The application was filed on June 3, 2016.
    Applicant's Address: 51 Madison Avenue, New York, NY 10010.

[[Page 42762]]

Private Advisors Alternative Strategies Fund [File No. 811-22647]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Applicant is 
owned by one beneficial owner and does not propose to make a public 
offering of its securities. Applicant will continue to operate as a 
private investment fund in reliance on section 3(c)(1) or 3(c)(7) of 
the Act.
    Filing Date: The application was filed on June 3, 2016.
    Applicant's Address: 51 Madison Avenue, New York, NY 10010.

Tax-Exempt California Money Market Fund [File No. 811-05076]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On April 8, 2016, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of $2,475 incurred in connection with the liquidation were 
paid by applicant.
    Filing Date: The application was filed on June 3, 2016.
    Applicant's Address: 345 Park Avenue, New York, NY 10154.

Valley Forge Fund, Inc. [File No. 811-01932]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On May 31, 2016, applicant made a liquidating 
distribution to its shareholders, based on net asset value. Expenses of 
$16,582 incurred in connection with the liquidation were paid by 
applicant.
    Filing Date: The application was filed on June 13, 2016.
    Applicant's Address: 3741 Worthington Road, Collegeville, PA 19426.

Charter National Variable Account [File No. 811-04588]

    Summary: Applicant, a unit investment trust, seeks an order 
declaring that it has ceased to be an investment company. The board of 
directors of the applicant's depositor, Charter National Life Insurance 
Company, approved the merger of applicant into Allstate Life Variable 
Life Separate Account A, which was effected on January 1, 2016. 
Expenses of $11,100 incurred in connection with the merger were paid by 
Allstate Life Insurance Company.
    Filing Dates: The application was filed on April 22, 2016, and 
amended on June 16, 2016.
    Applicant's Address: 3075 Sanders Road, Northbrook, IL 60062.

Oppenheimer Growth & Income Fund [File No. 811-07275]

    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 June 17, 2016.
    Applicant's Address: 6803 S. Tucson Way, Centennial, CO 80112.

Transamerica Income Shares, Inc. [File No. 811-02273]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Applicant has 
transferred its assets to Transamerica Flexible Income, a series of 
Transamerica Funds and, on December 4, 2015, made a final distribution 
to its shareholders based on net asset value. Expenses of $80,310 
incurred in connection with the reorganization were paid by applicant.
    Filing Dates: The application was filed on June 9, 2016, and 
amended on June 20, 2016.
    Applicant's Address: 1801 California Street, Suite 5200, Denver, CO 
80202.

Direct Lending Income Fund [File No. 811-23123]

    Summary: Applicant, a closed-end investment company, 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 Dates: The application was filed on June 3, 2016, and 
amended on June 20, 2016.
    Applicant's Address: 1150 Foothill Boulevard, Suite F, La Canada, 
CA 91011.

 BofA Funds Series Trust [File No. 811-22357]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. Applicant has transferred its assets to 
corresponding series of BlackRock Liquidity Funds and, on April 18, 
2016, made a final distribution to its shareholders based on net asset 
value. Expenses of approximately $1,834,000 incurred in connection with 
the reorganization were paid by the investment advisers of the 
applicant and the acquiring fund or their affiliates.
    Filing Dates: The application was filed on June 1, 2016, and 
amended on June 22, 2016.
    Applicant's Address: 100 Federal Street, Boston, MA 02110.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Brent J. Fields,
Secretary.
[FR Doc. 2016-15458 Filed 6-29-16; 8:45 am]
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