November 29, 1995
SECURITIES AND EXCHANGE COMMISSION
450 Fifth Street, Northwest
Judiciary Plaza
Washington, D. C. 20549
RE: Amended Rule 24f-2 Notice for United Vanguard Fund, Inc.
File No. 2-31618 and 811-1806/CIK #101868
Dear Sir or Madam:
1. This Amended Notice is being filed for the fiscal year ended September
30, 1995;
2. At the beginning of such fiscal year the issuer had no securities
registered under the Securities Act of 1933, other than pursuant to this
section;
3. During such fiscal year the issuer registered no securities other than
pursuant to this section;
4. 24,811,530 shares of the issuer were sold during such fiscal year, and*
5. 24,811,530 shares were sold during such fiscal year in reliance upon
registration pursuant to this section.
This Amended Notice is accompanied by an opinion of counsel as prescribed
by paragraph(b)(1)(v) of Rule 24f-2. We have wired $28,190.45 in payment
of the filing fee prescribed by paragraph (c) of said Rule.
Very truly yours,
Sharon K. Pappas
Secretary
*During such fiscal year the issuer sold 24,811,530 shares in reliance upon
registration pursuant to Rule 24f-2 at an actual aggregate sale price of
$183,466,280 and redeemed 13,070,843 shares at an aggregate repurchase price of
$101,713,982. None of such redeemed shares were previously applied by the
issuer pursuant to Section 24e-2(a) in filings made pursuant to Section 24(e)(1)
of the Investment Company Act of 1940. The filing fee, calculated in the manner
specified in Section 6(b) of the Securities Act of 1933, is based on the actual
sale price of $183,466,280 for which shares were sold during the issuer's
previous fiscal year reduced by the actual redemption price of $101,713,982 for
which shares were redeemed by the issuer during such previous fiscal year.
November 29, 1995
United Vanguard Fund, Inc.
6300 Lamar Avenue
P. O. Box 29217
Shawnee Mission, Kansas 66201-9217
Dear Sir or Madam:
In connection with the public offering of shares of Capital Stock, par value
$1.00 per share, of United Vanguard Fund, Inc. (the "Fund"), I have examined
such corporate records and documents and have made such further investigation
and examination as I deemed necessary for the purpose of this opinion.
It is my opinion that the 24,811,530 shares of Capital Stock of the Fund,
registration of which the Notice makes definite in number, were legally issued,
fully paid and nonassessable.
I hereby consent to the filing of this opinion with the Rule 24f-2 Notice.
Very truly yours,
Sharon K. Pappas
Attorney at Law
SKP:sa