An April 4 article, "Banks Under the Gun to Ensure Funds Match Clients' Needs" (page 10), mischaracterized NationsBank's settlement of a class action stemming from two closed-end mutual funds that declined in value.

The $30 million settlement was broader than described; anyone who holds shares in the funds or sold shares at a loss can benefit.

The article also overstated the decline in the funds' value. At their lowest point, they traded 23% and 27%, respectively, below their original prices.

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