Document ID: SEC-2016-0381-0001
Agency: sec
Document Type: Notice
Title: Applications: Deregistrations under the Investment Company Act
Posted Date: 2016-03-03T05:00Z

[Federal Register Volume 81, Number 42 (Thursday, March 3, 2016)]
[Notices]
[Pages 11304-11305]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2016-04639]

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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC-32007]

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

February 26, 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 
February 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 March 22, 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.

Aberdeen Global Select Opportunities Fund Inc. [File No. 811-06017]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. Applicant transferred its assets to Aberdeen 
Global Equity Fund, a series of Aberdeen Funds, and, on February 25, 
2015, made a final distribution to its shareholders based on net asset 
value. Expenses of $248,555 incurred in connection with the 
reorganization were paid by applicant's investment adviser.
    Filing Date: The application was filed on December 31, 2015.
    Applicant's Address: 1735 Market Street, 32nd Floor, Philadelphia, 
PA 19103.

Stratton Mid Cap Value Fund, Inc. [811-02297]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. Applicant transferred its assets to Sterling 
Capital Stratton Mid Cap Value Fund and, on November 13, 2015, made a 
final distribution to its shareholders based on net asset value. Total 
expenses of $541,000 incurred by Stratton Mid Cap Value Fund, Inc., 
Stratton Funds, Inc., and Stratton Real Estate Fund, Inc. in connection 
with their reorganizations were paid by applicant's investment adviser.
    Filing Dates: The application was filed on January 20, 2016, and 
amended on February 5, 2016.
    Applicant's Address: 150 South Warner Road, Suite 460-A, King of 
Prussia, PA 19406.

Stratton Funds, Inc. [811-07434]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. Applicant transferred its assets to Sterling 
Capital Stratton Small Cap Value Fund and, on November 13, 2015, made a 
final distribution to its shareholders based on net asset value. Total 
expenses of $541,000 incurred by Stratton Mid Cap Value Fund, Inc., 
Stratton Funds, Inc., and Stratton Real Estate Fund, Inc. in connection 
with their reorganizations were paid by applicant's investment adviser.
    Filing Dates: The application was filed on January 20, 2016, and 
amended on February 5, 2016.
    Applicant's Address: 150 South Warner Road, Suite 460-A, King of 
Prussia, PA 19406.

[[Page 11305]]

Stratton Real Estate Fund, Inc. [811-02240]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. Applicant transferred its assets to Sterling 
Capital Stratton Real Estate Fund and, on November 13, 2015, made a 
final distribution to its shareholders based on net asset value. Total 
expenses of $541,000 incurred by Stratton Mid Cap Value Fund, Inc., 
Stratton Funds, Inc., and Stratton Real Estate Fund, Inc. in connection 
with their reorganizations were paid by applicant's investment adviser.
    Filing Dates: The application was filed on January 20, 2016, and 
amended on February 5, 2016.
    Applicant's Address: 150 South Warner Road, Suite 460-A, King of 
Prussia, PA 19406.

Arden Sage Triton Fund, L.L.C. [File No. 811-21472]; Arden Sage Multi-
Strategy TEI Institutional Fund, L.L.C. [File No. 811-22225]; Arden 
Sage Multi-Strategy Institutional Fund, L.L.C. [File No. 811-22224]; 
Arden Sage Multi-Strategy Fund, L.L.C. [File No. 811-21778]

    Summary: Applicants, closed-end investment companies and feeder 
funds in a master/feeder structure, seek an order declaring that they 
have each ceased to be an investment company. On February 4, 2016, the 
master fund in which each applicant invested transferred its remaining 
assets to a liquidating trust, based on net asset value. Each 
applicant's investors received cash and a pro rata interest in the 
liquidating trust based on the number of each applicant's units owned 
by the investor. Expenses of $7,000 incurred by each applicant in 
connection with the liquidations were paid by applicants' investment 
adviser.
    Filing Dates: The applications were filed on February 10, 2016, and 
amended on February 19, 2016 and February 24, 2016.
    Applicant's Address: 375 Park Avenue, 32nd Floor, New York, NY 
10152.

Arden Sage Multi-Strategy Master Fund, L.L.C. [File No. 811-22223]

    Summary: Applicant, a closed-end investment company and master fund 
in a master/feeder structure, seeks an order declaring that it has 
ceased to be an investment company. On February 4, 2016, applicant 
transferred its remaining assets to a liquidating trust, based on net 
asset value. Each of applicant's feeder funds received a pro rata 
interest in the liquidating trust, which was distributed to the 
shareholders of each of the feeder funds. Expenses of $21,667 incurred 
in connection with the liquidation were paid by applicant's investment 
adviser.
    Filing Dates: The application was filed on February 19, 2016, and 
amended on February 24, 2016.
    Applicant's Address: 375 Park Avenue, 32nd Floor, New York, NY 
10152.

Lincoln Advisors Trust [File No. 811-22583]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On December 15, 2015, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of approximately $489 incurred in connection with the 
liquidation were paid by applicant's investment adviser.
    Filing Date: The application was filed on February 19, 2016.
    Applicant's Address: 1300 South Clinton Street, Fort Wayne, IN 
46802.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Robert W. Errett,
Deputy Secretary.
[FR Doc. 2016-04639 Filed 3-2-16; 8:45 am]
 BILLING CODE 8011-01-P