U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold Pursuant to Rule 24f-2
1. Name and address of issuer:
AFFILIATED FUND, INC.
767 FIFTH AVENUE
NEW YORK, NEW YORK 10153
2. Name of each series or class of funds for which this notice is filed:
3. Investment Company Act File Number: 811-5
Securities Act File Number: 2-10638
4. Last day of fiscal year for which this notice is filed: OCTOBER 31, 1995
5. Check box if this notice is being filed more than 180 days after the close
of the issuer's fiscal year for purposes of reporting securities sold after
the close of the fiscal year but before termination of the issuer's 24f-2
declaration: ____
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Instruction A.6):
NOT APPLICABLE
7. Number and amount of securities of the same class or series which had been
registered under the Securities Act of 1933 other than pursuant to rule
24f-2 in a prior fiscal year, but which remained unsold at the beginning of
the fiscal year:
0
8. Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
0
9. Number and aggregate sale price of securities sold during the fiscal year:
61,128,545 SHARES $642,687,481
10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2:
29,806,062 SHARES $330,545,662
11. Number and aggregate sale price of securities issued during the fiscal year
in connection with dividend reinvestment plans, if applicable (see
Instruction B.7):
31,322,483 SHARES $312,141,819
12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the fiscal year
in reliance on rule 24f-2 (from Item 10):
$330,545,662
(ii) Aggregate price of shares issued in connection with dividend
reinvestment plans (from Item 11, if applicable):
+312,141,819
(iii) Aggregate price of shares redeemed or repurchased during the
fiscal year (if applicable):
-329,389,161
(iv) Aggregate price of shares redeemed or repurchased and
previously applied as a reduction to filing fees pursuant to
rule 24e-2 (if applicable):
+0
(v) Net aggregate price of securities sold and issued during the
fiscal year in reliance on rule 24f-2 [line (i), plus line
(ii), less line (iii), plus line (iv)] (if applicable):
313,298,320
(vi) Multiplier prescribed by Section 6(b) of the Securities Act of
1933 or other applicable law or regulation (see Instruction
6.C):
x.00034482758
(vii) Fee due [line (i) or line (v) multiplied by line (vi)]:
$108,033.90
Instruction: Issuers should complete lines (ii), (iii), (iv) and (v) only
if the form is being filed within 60 days after the close
of the issuer's fiscal year. See Instruction C.3.
13. Check box if fees are being remitted to the Commission's lockbox depository
as described in section 3a of the Commissions's Rules of Informal and Other
Procedures (17 CFR 202.3a).
__X__
Date of mailing or wire transfer of filing fees to the Commissions'
lockbox depository:
12/22/95
<PAGE>
SIGNATURES
This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.
By: /s/Thomas F. Konop
Name: Thomas F. Konop
Title: Vice President
Date: December 28, 1995
<PAGE>
DEBEVOISE & PLIMPTON
875 THIRD AVENUE
NEW YORK, NEW YORK 10022
(212) 909-6000
December 27, 1995
Affiliated Fund, Inc.
767 Fifth Avenue
New York, NY 10153
Dear Sirs:
We refer to the Rule 24f-2 Notice (the "Rule 24f-2 Notice"),
dated today, relating to the Registration Statement on Form N-1A covering shares
of capital stock, par value $1.25 per share, of Affiliated Fund, Inc., a
Maryland corporation (the "Fund"). The Fund has registered an indefinite number
of shares of its capital stock under such Registration Statement pursuant to
Rule 24f-2 under the Investment Company Act of 1940, as amended. The Rule 24f-2
Notice makes definite the number of shares of capital stock of the Fund
(29,806,062) that were so registered during the fiscal year ended October 31,
1995.
We have examined and relied upon originals, or copies
certified to our satisfaction, of such corporate records, documents,
certificates and other instruments as in our judgment are necessary or
appropriate to enable us to render the opinion set forth below.
We are of the following opinion:
The 29,806,062 shares of capital stock of the Fund,
the registration of which the Rule 24f-2 Notice makes definite
in number, have been duly authorized and, to the extent they
remain outstanding, are legally issued, fully paid and
nonassessable.
We hereby consent to the use of this opinion in connection
with the filing of the Rule 24f-2 Notice. In giving such consent, we do not
hereby admit that we come within the category of persons whose consent is
required under Section 7 of the Securities Act of 1933, as amended, or the rules
and regulations of the Securities and Exchange Commission thereunder.
Very truly yours,
/S/ DEBEVOISE & PLIMPTON
