SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
RULE 24f-2 NOTICE
for
NUVEEN MUNICIPAL BOND FUND, INC.
File Number 2-57408
Rule 24f-2(b)(1) under the Investment Company Act of 1940 ("1940 Act").
(i) Fiscal year for which notice is filed:
February 28, 1995 (fiscal year end)
(ii) The amount of shares of the same series, if any, which had been
registered under the Securities Act of 1933 ("1933 Act") other than pursuant
to Rule 24f-2 but which remained unsold at the beginning of such fiscal year:
$ - 0 -
(iii) The amount of shares, if any, registered during such fiscal year
other than pursuant to Rule 24f-2:
$ - 0 -
(iv) The amount of shares sold during such fiscal year:
$ 610,794,226
(v) The amount of shares sold during such fiscal year in reliance upon
registration pursuant to Rule 24f-2*:
$ 610,794,226
* Computation of Fee pursuant to Section 6(b) of the 1933 Act
and Rule 24f-2(c) under the 1940 Act:
1. Actual aggregate sale price for which such shares were sold during
the previous fiscal year:
$ 610,794,226
2. Actual aggregate redemption price of such
shares redeemed during such previous fiscal year: ($ 490,742,684 )
3. Actual aggregate redemption price of such
redeemed shares previously applied pursuant to
Section 24e-2(a) under the 1940 Act: ($ -0- )
4. Net Adjustment to aggregate sale price:
($490,742,684)
5. Aggregate sale price to be used as basis computation of fee:
$ 120,051,542
6. Fee of .034483% (.00034483)
$ 41,397.37
page 1 of 2
SIGNATURE
The undersigned Registrant has duly caused this Rule 24f-2 Notice to be
signed on its behalf by the undersigned in the City of Chicago, State
of Illinois.
Dated: April 21, 1995 NUVEEN MUNICIPAL BOND FUND, INC.
(name of registrant)
By:
Gifford R. Zimmerman
Vice President and Assistant Secretary
Exhibit: Opinion of Counsel
page 2 of 2
SIGNATURE
The undersigned Registrant has duly caused this Rule 24f-2 Notice to be
signed on its behalf by the undersigned in the City of Chicago, State of
Illinois.
Dated: April 21, 1995 NUVEEN MUNICIPAL BOND FUND, INC.
(name of registrant)
By: /s/ Gifford R. Zimmerman
Gifford R. Zimmerman
Vice President and Assistant Secretary
Exhibit: Opinion of Counsel
page 2 of 2
April 20, 1995
Nuveen Municipal Bond Fund, Inc.
333 West Wacker Drive
Chicago, Illinois 60606
RE: Rule 24f-2 Notice
Ladies and Gentlemen:
We have acted as counsel to Nuveen Municipal Bond Fund, Inc., a Maryland
corporation (the "Fund"), in connection with the Fund's registration,
pursuant to Rule 24f-2 under the Investment Company Act of 1940, as
amended, of an indefinite number of its shares of common stock, $.10 par
value (the "Shares"), under the Securities Act of 1933 , as amended. We
understand that, pursuant to such Rule 24f-2, the Fund proposes to file
a notice (the "Notice") with the Securities and Exchange Commission with
respect to the fiscal year ended February 28, 1995, in order to make definite
the registration of Shares in the aggregate amount of $610,794,226. This
opinion is being delivered to you in connection with the Fund's filing of
such Notice.
In connection with this opinion, we have reviewed, among other things,
executed copies of the following documents:
(a) a certificate of the Maryland State Department of Assessments and Taxation
(the "Department") as to the existence and good standing of the Fund;
(b) copies, certified by the Department; of the Fund's Charter and of all
amendments and all supplements thereto (the "Charter");
(c) a certificate executed by Karen L. Healy, the Assistant Secretary of
the Fund, certifying as to, and attaching copies of, the Fund's Charter
and By-Laws, as amended (the "By-Laws"), and certain resolutions adopted
by the Board of Directors of the Fund authorizing the issuance of the
Shares covered by the Notice; and
(d) a certificate executed by H. William Stabenow, the Treasurer of the
Fund, as to the issuance of the Shares in accordance with the
Fund's Charter and By-Laws and as to the receipt by the Fund of the net
asset value of the Shares covered by the Notice.
In our capacity as counsel to the Fund, we have examined the originals,
or certified, conformed or reproduced copies, of all records, agreements,
instruments and documents as we have deemed relevant or necessary as the
basis for the opinion hereinafter expressed. In all such examinations, we
have assumed the legal capacity of all natural persons executing documents,
the genuineness of all signatures, the authenticity of all original or
certified copies, and the conformity to original or certified copies of
all copies submitted to us as conformed or reproduced copies. As to various
questions of fact relevant to such opinion, we have relied upon, and
assume the accuracy of, certificates and oral or written statements of
public officials and officers or representatives of the Fund.
Based upon and subject to, the limitations set forth herein, we are of the
opinion that the Shares covered by the Notice, when issued, were validly
and legally issued and are fully paid and nonassessable under the laws of
the State of Maryland.
The opinion expressed herein is limited to the laws of the State of
Maryland. As to matters of Maryland law covered thereby, we have relied
solely upon the opinion of Venable, Baetjer and Howard, LLP, addressed to
us and dated April 20, 1995.
Very truly yours,
FRIED, FRANK, HARRIS, SHRIVER & JACOBSON
Thomas S. Harman
