Form N-CSR under the Securities Exchange Act of 1934 and under the Investment Company Act of 1940, Certified Shareholder Report of Registered Management Investment Companies

ICR 202307-3235-001

OMB: 3235-0570

Federal Form Document

ICR Details
3235-0570 202307-3235-001
Received in OIRA 202304-3235-013
SEC IM-270-512
Form N-CSR under the Securities Exchange Act of 1934 and under the Investment Company Act of 1940, Certified Shareholder Report of Registered Management Investment Companies
Revision of a currently approved collection   No
Regular 07/14/2023
  Requested Previously Approved
36 Months From Approved 09/30/2025
29,308 23,680
228,037 487,639
6,129,524 5,953,724

Form N-CSR is a combined reporting form used by management investment companies to file certified shareholder reports under the Investment Company Act of 1940 (15 U.S.C. 80a-1 et seq.) ("Investment Company Act") and under the Securities Exchange Act of 1934 (15 U.S.C. 78a et seq.) (Securities Exchange Act"). Form N-CSR is to be used for reports under section 30(b)(2) of the Investment Company Act and section 13(a) or 15(d) of the Securities Exchange Act, filed pursuant to rule 30b2-1(a) under the Investment Company Act (17 CFR 270.30b2-1(a)).The information provided on Form N-CSR may be used by the Commission in its regulatory disclosure review, inspection, and policymaking roles. The information filed with the Commission also permits the verification of compliance with securities law requirements and assures the public availability and dissemination of the information. On May 3, 2023, the Commission adopted amendments to modernize and improve the disclosure requirements, including those pursuant to Form N-CSR, for repurchases of an issuer’s equity securities that are registered under the Securities Exchange Act.

US Code: 15 USC 78m Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 78o Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 80a-29 Name of Law: Investment Company Act of 1940
  
None

3235-AM94 Final or interim final rulemaking 88 FR 36002 06/01/2023

No

  Total Request Previously Approved Change Due to New Statute Change Due to Agency Discretion Change Due to Adjustment in Estimate Change Due to Potential Violation of the PRA
Annual Number of Responses 29,308 23,680 0 5,628 0 0
Annual Time Burden (Hours) 228,037 487,639 0 -259,602 0 0
Annual Cost Burden (Dollars) 6,129,524 5,953,724 0 175,800 0 0
No
Yes
Miscellaneous Actions
The final amendments as they relate to Form N-CSR require additional disclosure regarding the structure of the repurchases and repurchase programs of closed-end funds whose shares are listed on a national securities exchange (“listed closed-end funds”); require a new checkbox to indicate if certain of the listed closed-end fund’s officers or directors purchased or sold the fund’s equity securities within four business days of the announcement of a related issuer repurchase program; and require share repurchase information to be reported using a structured data language. Further, these amendments will require listed closed-end funds to provide more detailed disclosure than previously required by requiring daily details rather than aggregated monthly data. As a result of these proposed amendments, for purposes of the PRA, we estimate that, for Form N-CSR, the proposed amendments would result in an increase of 900 burden hours and $180,000 for the services of outside professionals.

No
    No
    No
No
No
No
No
Quinn Kane 202 551-4323

  No

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).
The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:
 
 
 
 
 
 
 
    (i) Why the information is being collected;
    (ii) Use of information;
    (iii) Burden estimate;
    (iv) Nature of response (voluntary, required for a benefit, or mandatory);
    (v) Nature and extent of confidentiality; and
    (vi) Need to display currently valid OMB control number;
 
 
 
If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.
07/14/2023


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