(MONEY Magazine) – Thank you for the kind words about John Neff and Gemini II in your August Wall ; Street section. However, you reported the expectation for the 1991 annual dividend as $1.63 per share. At this juncture, the fund's 1991 income is more likely to be between $1.56 and $1.60 per share. Also, the $1.75 amount you presented for 1992 is considerably more optimistic than we would forecast at this early date. Brian S. Mattes Vice President The Vanguard Group Valley Forge, Pa.

Vanguard's forecast is a little more conservative than that of our sources, but the fund remains attractive for income investors.