Italy Fund Inc., The

As of February 13, 2003, Italy Fund Inc. has gone out of business. Italy Fund Inc. is a close ended equity mutual fund launched and managed by Smith Barney Fund Management LLC. It makes its investments in the public equity markets of Italy. The fund seeks to invest in the stocks of small-cap and mid-cap companies operating across diversified sectors. It benchmarks the performance of its portfolio against the MSCI Italy Index. Italy Fund Inc. was formed on February 28, 1986 and is domiciled in the United States.