INVESTMENT COMPANY ADMINISTRATION CORPORATION
2025 E. FINANCIAL WAY, SUITE 101
GLENDORA, CA 91741
(818) 852-1033
October 11, 1996
VIA EDGAR
- ---------
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549-1004
Re: Kayne Anderson Mutual Funds
File No. 333-8045, 811-7705
CIK No. 0001018593
Ladies and Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as amended, please
accept this letter as certification that the prospectus and statement of
additional information for the Fund does not differ from that contained in
Post-Effective Amendment No. 1 (the "Amendment") to the Trust's Registration
Statement on Form N1-A. This Amendment was filed electronically on October 8,
1996.
Please give me a call if you have any questions at (818) 852-1033.
Very Truly Yours,
/s/ Rita Dam
Rita Dam
Assistant Treasurer
Kayne Anderson Mutual Funds