Narrative:

While in climb, TCASII sounded a TA. Pilots diverted attention from instruments to visually locate traffic. Diversion of scan from instruments resulted in 500 ft overshoot of assigned altitude.

Google
 

Original NASA ASRS Text

Title: LGT FLC HAS TCASII RA. DISTR CAUSES ALT OVERSHOOT.

Narrative: WHILE IN CLB, TCASII SOUNDED A TA. PLTS DIVERTED ATTN FROM INSTS TO VISUALLY LOCATE TFC. DIVERSION OF SCAN FROM INSTS RESULTED IN 500 FT OVERSHOOT OF ASSIGNED ALT.

Data retrieved from NASA's ASRS site as of July 2007 and automatically converted to unabbreviated mixed upper/lowercase text. This report is for informational purposes with no guarantee of accuracy. See NASA's ASRS site for official report.