SCHEDULE 13DA
DATE OF EVENT WHICH REQUIRES FILING OF THIS STATEMENT
9/11/06
1. NAME OF REPORTING PERSON
Bulldog Investors, Phillip Goldstein, Andrew Dakos
2. CHECK THE BOX IF MEMBER OF A GROUP a[]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS
NA
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION
USA
________________________________________________________________
7. SOLE VOTING POWER
1,306,600
8. SHARED VOTING POWER
0
9. SOLE DISPOSITIVE POWER
1,306,600
____________________________________________________
10. SHARED DISPOSITIVE POWER
NA
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
1,306,600
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES []
___________________________________________________________
13. PERCENT OF CLASS REPRESENTED BY ROW 11
11.53%
14. TYPE OF REPORTING PERSON
NA
___________________________________________________________
The following constitutes Amendment No. 6 to the Schedule 13D
filed by the undersigned on May 23, 2005. This Amendment No. 6
amends the Schedule 13D as specifically set forth.
Item 2 is amended as follows:
Item 2. IDENTITY AND BACKGROUND
This statement is filed on behalf of Bulldog Investors, Phillip
Goldstein, 60 Heritage Drive, Pleasantville, NY 10570 a principal
of Bulldog Investors and Andrew Dakos, 5 Ryan Court, Towaco, NJ 07082,
also a principal of Bulldog Investors. Mr. Goldstein and Mr. Dakos are
self-employed investment advisors.
During the past 5 years neither Mr. Goldstein nor Mr. Dakos has
been convicted in a criminal proceeding, nor been party to a
civil proceeding of a judicial or administrative body of
competent jurisdiction as a result of which they were or are
subject to a judgment, decree or final order enjoining future
violations of, or prohibiting or mandating activities subject
to,federal or state securities laws or finding any violation with
respect to such laws.
Each of the above are United States citizens or entities.
Item 5 is amended as follows:
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
a. As per the annual report filed on 2/7/2006 there
were 11,327,784 shares outstanding as of 11/30/2005. The
percentage set forth in this item 5 was derived using such
number.
Bulldog Investors, Phillip Goldstein and Andrew Dakos are deemed
to be the beneficial owner of 1,306,600 shares of BIF or 11.53%
of the outstanding shares.
b. Power to vote and dispose of securities resides solely with Mr.
Phillip Goldstein or Andrew Dakos for 1,306,600 shares.
c. During the last sixty days the following shares of common
stock were traded:
SALES:
Date Shares Price
8/29/2006 -1,500 9.0296
8/29/2006 -500 9.0296
8/29/2006 -500 9.0296
8/29/2006 -500 9.0296
8/29/2006 -500 9.0296
8/29/2006 -1,500 9.0296
8/30/2006 -4,500 9.0494
8/30/2006 -1,300 9.0494
8/30/2006 -1,300 9.0494
8/30/2006 -1,300 9.0494
8/30/2006 -1,300 9.0494
8/30/2006 -4,500 9.0494
8/31/2006 -2,500 9.05
9/1/2006 -7,275 9.0174
9/1/2006 -3,500 9.0174
9/1/2006 -3,500 9.0174
9/1/2006 -4,000 9.0174
9/1/2006 -3,550 9.0174
9/1/2006 -7,275 9.0174
9/5/2006 -4,000 9.05
9/5/2006 -4,000 9.05
9/5/2006 -2,600 9.05
9/5/2006 -3,000 9.05
9/5/2006 -4,000 9.05
9/5/2006 -4,000 9.05
9/6/2006 -2,000 9
9/6/2006 -2,000 9
9/6/2006 -1,000 9
9/6/2006 -1,000 9
9/6/2006 -2,000 9
9/6/2006 -2,000 9
9/7/2006 -700 8.95
9/8/2006 -5,000 8.9426
9/8/2006 -5,000 8.9426
9/8/2006 -4,000 8.9426
9/8/2006 -5,000 8.9426
9/8/2006 -5,000 8.9426
9/8/2006 -5,000 8.9426
9/11/2006 -5000 8.94
9/11/2006 -5,000 8.95
9/11/2006 -5,000 8.95
9/11/2006 -4,000 8.95
9/11/2006 -4,100 8.95
9/11/2006 -5,000 8.95
9/11/2006 -5,000 8.95
9/12/2006 -1500 9.02
9/12/2006 -7,800 8.9882
9/12/2006 -7,800 8.9882
9/12/2006 -2,800 8.9882
9/12/2006 -5,000 8.9882
9/12/2006 -7,800 8.9882
9/12/2006 -7,800 8.9882
9/13/2006 -9,350 9.0786
9/13/2006 -9,350 9.0786
9/13/2006 -3,300 9.0786
9/13/2006 -6,100 9.0786
9/13/2006 -9,350 9.0786
9/13/2006 -9,350 9.0786
9/14/2006 -11,240 9.2126
9/14/2006 -11,240 9.2126
9/14/2006 -3,340 9.2126
9/14/2006 -7,900 9.2126
9/14/2006 -11,240 9.2126
9/14/2006 -11,240 9.2126
9/15/2006 -12,800 9.404
9/15/2006 -12,800 9.404
9/15/2006 -4,200 9.404
9/15/2006 -9,000 9.404
9/15/2006 -12,800 9.404
9/15/2006 -12,800 9.404
9/18/2006 -8,000 9.5013
9/18/2006 -8,000 9.5013
9/18/2006 -2,400 9.5013
9/18/2006 -5,600 9.5013
9/18/2006 -8,000 9.5013
9/18/2006 -8,000 9.5013
9/19/2006 -5,800 9.6572
9/19/2006 -5,800 9.6572
9/19/2006 -1,900 9.6572
9/19/2006 -4,100 9.6572
9/19/2006 -5,800 9.6572
9/19/2006 -5,800 9.6572
9/20/2006 -12,800 9.5914
9/20/2006 -12,800 9.5914
9/20/2006 -6,000 9.5914
9/20/2006 -12,800 9.5914
9/20/2006 -12,800 9.5914
9/20/2006 -12,800 9.5914
d. Beneficiaries of managed accounts are entitled to receive any
dividends or sales proceeds.
e. NA
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated: 9/21/06
By: /s/ Phillip Goldstein
Name: Phillip Goldstein
By: /S/ Andrew Dakos
Name: Andrew Dakos