FORM N-SAR-U
ANNUAL REPORT
FOR UNIT INVESTMENT TRUSTS
Report for six month period ending: / / (a)
or fiscal year ending: 12/31/98 (b)
Is this a transition report?:(Y/N) N
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Is this an amendment to a previous filing? (Y/N) N
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Those items or sub-items with a box "[/] " after the item number should be
completed only if the answer has changed from the previous filing on this form.
1. A. Registrant Name: First Investors Single Payment and Periodic
Payment Plans for Investment in First
Investors Insured Tax Exempt Fund, Inc.
B. File Number: 811-2691
C. Telephone Number:
(212) 858-8000
2. A. Street: 95 Wall Street
B. City: New York C. State: New York D. Zip Code: 10005
Zip Ext:
E. Foreign Country: Foreign Postal Code:
3. Is this the first filing on this form by Registrant? (Y/N) N
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4. Is this the last filing on this form by Registrant? (Y/N) N
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5. Is Registrant a small business investment company (SBIC)?
(Y/N) N
[If answer is "Y" (Yes), complete only items 89 through 110.] ------
6. Is Registrant a unit investment trust (UIT)? (Y/N) Y
[If answer is "Y" (Yes), complete only items 111 ------
through 132.]
7. A. Is Registrant a series or multiple portfolio company? (Y/N)
[If answer is "N" (No), go to item 8.] ------
B. How many separate series or portfolios did Registrant have
at the end of the period? ------
<PAGE>
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If filing more than one
For period ending 12/31/98 Page 50, "X" box: [_]
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File number 811- 2691
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123. [/] State the total value of the additional units
considered in answering item 122 ($000's
omitted)________________________________________ $
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124. [/] State the total value of units of prior series
that were placed in the portfolios of
subsequent series during the current period
(the value of these units is to be measured on
the date they were placed in the subsequent
series) ($000's omitted)________________________ $
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125. [/] State the total dollar amount of sales loads
collected (before reallowances to other brokers
or dealers) by Registrant's principal
underwriter and any underwriter which is an
affiliated person of the principal underwriter
during the current period solely from the sale
of units of all series of Registrant ($000's
omitted)________________________________________ $ 45
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126. Of the amount shown in item 125, state the total
dollar amount of sales loads collected from secondary
market operations in Registrant's units (include the
sales loads, if any, collected on units of a prior
series placed in the portfolio of a subsequent series.)
($000's omitted) $ 0
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127. List opposite the appropriate description below
the number of series whose portfolios are invested
primarily (based upon a percentage of NAV) in each
type of security shown, the aggregate total assets
at market value as of a date at or near the end of the
current period of each such group of series and the
total income distributions made by each such group
of series during the current period (excluding
distributions of realized gains, if any):
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
Number of Total Assets Total Income
Series ($000's Distributions
Investing Omitted) (000'S Omitted)
--------- -------- ---------------
A. U.S. Treasury direct issue $ $
---------------------- ----------------- ------ -------
B. U.S. Government agency $ $
------------------------ ----------------- ------ -------
C. State and municipal tax-free $ $
------------------- ----------------- ------ -------
D. Public utility debt $ $
---------------------------------- ----------------- ------- -------
E. Brokers or dealers debt or debt of brokers' or
dealers' parent $ $
-------------------------------------- ----------------- ------- -------
F. All other corporate intermed. & long-term
debt $ $
----------------- ------- -------
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C>
Number of Total Assets Total Income
Series ($000's Distributions
Investing Omitted) (000's Omitted)
--------- -------- --------------
G. All other corporate short-term debt $ $
------------------ ---------------- ------- ------
H. Equity securities of brokers or dealers or parents of
brokers or dealers $ $
---------------- -------- ------
I. Investment company equity securities 1 $ 40,099 $ 1,914
-------------- ---------------- -------- -----
J. All other equity securities $ $
---------------- ------- -----
K. Other securities $ $
----------------- ------ ------
L. Total assets of all series of registrants $ 40,099 $
------------ ----------------- -------- -------
</TABLE>
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If filing more than one
For period ending 12/31/98 Page 50, "X" box: [ ]
-------- ---------------------------
File number 811- 2691
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128. [/] Is the timely payment of principal and
interest on any of the portfolio securities
held by any of Registrant's series at
the end of the current period insured or
guaranteed by an entry other than the issuer?
(Y/N) ------
Y/N
129. [/] Is the issuer of any instrument covered
in item 128 delinquent or in default as to
payment of principal or interest at the end
of the current period? ------
(Y/N) Y/N
[If answer is "N" (No), go to item 131.]
130. [/] In computations of NAV or offering price
per unit, is any part of the value attributed
to instruments identified in item 129 derived
from insurance or guarantees? -----
(Y/N) Y/N
[If answer is "N" (No), go to item 131.]
131. Total expenses incurred by all series of Registrant
during the current reporting period ($000's omitted) $ 66
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<PAGE>
132. [/] List the "811" (Investment Company Act of 1940)
registration number for all Series of Registrant that are
being included in this filing
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C>
811- 811- 811- 811- 811-
--------- ------ ------ ------ ------
811- 811- 811- 811- 811-
--------- ------ ------ ------ ------
811- 811- 811- 811- 811-
--------- ------ ------ ------ ------
</TABLE>
This report is signed on behalf of the depositor in the City and State
of New York on the 23rd day of February, 1999.
FIRST INVESTORS CORPORATION
Depositor
Witness /s/ Larry R. Lavoie By /s/ Marvin M. Hecker
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Larry R. Lavoie Marvin M. Hecker
Secretary President