U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read Instructions at end of Form before preparing Form.
Please print or type.
1. Name and address of issuer: Seneca Funds
909 Montgomery Street
San Francisco, CA 94133
2. Name of each series or class of funds for which this notice is
filed:
Seneca Growth Fund (Institutional Class and Administrative Class)
Seneca Mid-Cap "EDGE"(SM) Fund (Institutional Class and Administrative
Class)
Seneca Bond Fund (Institutional Class and Administrative Class)
Seneca Real Estate Securities Fund (Institutional Class and
Administrative Class)
3. Investment Company Act File Number: 811-7455
Securities Act File Number: 33-65137
4. Last day of fiscal year for which this notice is filed:
September 30, 1996
5. Check box if this notice is being filed more than 180 days after the
close of the issuer's fiscal year for purposes of reporting
securities sold after the close of the fiscal year but before
termination of the issuer's 24f-2 declaration:
[ ]
6. Date of termination of issuer's declaration under rule 24f-2(a)(1),
if applicable (see Instruction A.6):
7. Number and amount of securities of the same class or series which
had been registered under the Securities Act of 1933 other than
pursuant to Rule 24f-2 in a prior fiscal year, but which remained
unsold at the beginning of the fiscal year: 0
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8. Number and amount of securities registered during the fiscal year
other than pursuant to rule 24f-2: 0
9. Number and aggregate sales price of securities sold during the
fiscal year:
2,149,672 25,545,314
10. Number and aggregate sales price of securities sold during the
fiscal year in reliance upon registration pursuant to rule 24f-2:
2,139,672 25,445,314
11. Number and aggregate sales price of securities issued during the
fiscal year in connection with dividend reinvestment plans, if
applicable (see Instruction B.7):
12. Calculation of registration fee:
(i) Aggregate sale price of securities sold
during the fiscal year in reliance on $ 25,445,314
rule 24f-2 (from Item 10): ___________________
(ii) Aggregate price of shares issued in
connection with dividend reinvestment
plans (from Item 11, if applicable) +___________________
(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year (if - 801,230
applicable): ___________________
(iv) Aggregate price of shares redeemed or
repurchased and previously applied as a
reduction to filing fees pursuant to
rule 24e-2 (if applicable): +___________________
(v) Net aggregate price of securities sold
and issued during the fiscal year in
reliance on rule 24f-2 [line (i), plus
line (ii), less line (iii), plus line $ 24,644,084
(iv)] (if applicable): ___________________
(vi) Multiplier prescribed by Section 6(b)
of the Securities Act of 1933 or other
applicable law or regulation (see x 1/3300
Instruction C.6): ___________________
(vii) Fee due [line (i) or line (v) $ 7,467.90
multiplied by line (vi)]: ===================
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Instructions: Issuers should complete lines (ii), (iii), (iv), and (v)
only if the form is being filed within 60 days after the
close of the issuer's fiscal year. See Instruction C.3.
13. Check box if fees are being remitted to the Commission's lockbox
depository as described in section 3a of the Commission's Rules of
the Informal and Other Procedures 917 CFR 202.3a). [ ]
Date of mailing or wire transfer of file fees to the Commission's
lockbox depository:
SIGNATURES
This report has been signed below by the following persons on behalf of
the issuer and in the capacities and on the dates indicated.
By (Signature and Title)* /s/ Ronald K. Jacks
__________________________________
Ronald K. Jacks/Secretary
Date: November 25, 1996
*Please print the name and title of the signing officer
below the signature.
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