1. A. Registrants Name: Minnesota Tax Exempt Trust
B. File Number: 811-2663
C. Telephone Number: 612-371-7707
2. A. Street: 60 South 6th Street
B. City: Minneapolis C. MN D. 55402
3. Is this the first filing on this form by Registrant? (Y/N) N
4. Is this the last filing on this form by Registrant? (Y/N) N
5. Is Registrant a small business investment company (SBIC)? N
6. Is Registrant a unit investment trust (UIT)? Y
[If yes, complete only items 111 through 132]
111. A. ___ Depositor Name: Minnesota Tax Exempt Trust
B. ___ File Number: 811-2663
C. ___ City
112. A. ___ Sponsor Name Dain Bosworth Inc (Currently Dain Rauscher Inc.)
B. ___ File Number:
C. ___ City: Minneapolis Minnesota, 55402
113. A. ___ Trustee Name: Bank of NY
B. ___ City Name: New York, New York, 10009
114. A. ___ Principal Underwriter Name: Dain Bosworth Inc. (currently Dain
Rauscher)
B. ___ File Number: N/A
115. A. ___ Independent Public Accountant Name:
B. ___ City:
116. Family of investment companies information:
A. ___ Is Registrant part of a family of investment companies? (Y/N) N
117. A. ___ Is Registrant a separate account of an insurance company N
118. ___ State the number of series existing at the end of the period that
had securities registered under the Securities Act of 1933. 12
119. ___ State the number of new series for which registration statements
under the Securities Act of 1933 became effective during the
period: 0
120. ___ State the total value of the portfolio securities on the date of
deposit for the new series included in item 119 ($000's omitted) 0
121. ___ State the number of series for which a current prospectus was in
existence at the end of the period. 0
122. ___ State the number of existing series for which additional units were
registered under the Securities Act of 1933 during the current
period. 0
123. ___ State the total value of the additional units considered in answering
item 122 ($000's omitted) 0
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) 0
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) 0
126. ___ Of the amount shown in item 125, state the total dollar amount of
sales loads collected from secondary market operations in
Registrants units. 0
127. ___ List opposite the appropriate descriptions 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)
Number of Total Assets Total Income
Series ($000's Distribution
Investing omitted) ($000's omitted)
--------- ------------ ----------------
<S> <C> <C> <C>
C. Tax-frees 12 6,573 422
</TABLE>
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 entity other
than the issuer? (Y/N) N
[If no, go to item 131]
131. ___ Total expenses incurred by all series of Registrant during the
current reporting period (000's omitted) 61
This report is signed on behalf of the registrant (or depositor or trustee),
City of: Minneapolis State of: Minnesota Date: February 27, 1998
Name of Registrant, Depositor, or Trustee: Minnesota Tax Exempt Trust
By: Michael A. Dorsey Witness: Greg Ewing
---------------------- ------------------
Michael A. Dorsey Greg Ewing
