FORM N-SAR-U
FOR ANNUAL REPORT
UNIT INVESTMENT TRUSTS
Report for six month period ending: / / (a)
or fiscal year ending: 12/31/97 (b)
Is this a transition report? (Y/N) N
Is this an amendment to a previous filing? (Y/N) N
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: Investors Governmental Securities Income
Trust Series 1 and Subsequent Series
B. File Number: 811-2834
C. Telephone Number: 630-684-6053
2. A. Street: One Park View Plaza
B. City: Oakbrook Terrace
C. State: IL
D. Zip Code: 60181
E. Foreign Country:
Foreign Postal Code:
3. Is this the first filing on the 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)? (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?
01
If filing more than one
Page 2, "X" box: __
For period ending: 12/31/97
File number 811-2834
C.List the name of each series or portfolio and give a consecutive number to
each series or portfolio starting with the number 1. USE THIS SAME NUMERICAL
DESIGNATION FOR EACH SERIES OR PORTFOLIO IN THE SERIES INFORMATION BLOCK IN
THE TOP RIGHT CORNER OF THE SCREENS SUBMITTED IN THIS FILING AND IN ALL
SUBSEQUENT FILINGS ON THIS FORM. THIS INFORMATION IS REQUIRED EACH TIME THE
FORM IS FILED.
<TABLE>
<CAPTION>
Is this the
last filing
Series for this
Number Series Name series?
<S> <C> <C>
</TABLE>
(NOTE:) See item D (8) of the general instructions to the form for information
on how to complete the form for series companies.
02
If filing more than one
Page 47, "X" box: __
For period ending: 12/31/97
File number 811-2834
UNIT INVESTMENT TRUSTS
111. A. Depositor Name:
B. File Number (If any):
C. City:
State:
Zip Code:
Zip Ext.:
Foreign Country:
Foreign Postal Code:
111. A. Depositor Name:
B. File Number (If any):
C. City:
State:
Zip Code:
Zip Ext.:
Foreign Country:
Foreign Postal Code:
112. A. Depositor Name:
B. File Number (If any):
C. City:
State:
Zip Code:
Zip Ext.:
Foreign Country:
Foreign Postal Code:
112. A. Depositor Name:
B. File Number (If any):
C. City:
State:
Zip Code:
Zip Ext.:
Foreign Country:
Foreign Postal Code:
47
If filing more than one
Page 48, "X" box:__
For period ending: 12/31/97
File number 811-2834
113. A. Trustee Name: The Bank of New York
B. City: New York
State: NY
Zip Code: 10286
Zip Ext.:
Foreign Country:
Foreign Postal Code:
113. A. Trustee Name:
B. City:
State:
Zip Code:
Zip Ext.:
Foreign Country:
Foreign Postal Code:
114. A. Principal Underwriter Name:
B. File Number: 8-
C. City:
State:
Zip Code:
Zip Ext.:
Foreign Country:
Foreign Postal Code:
114. A. Principal Underwriter Name:
B. File Number: 8-
C. City:
State:
Zip Code:
Zip Ext.:
Foreign Country:
Foreign Postal Code:
115. A. Independent Public Accountant Name: Grant Thornton LLP
B. City: Chicago
State: IL
Zip Code: 60601
Zip Ext.:
Foreign Country:
Foreign Postal Code:
115. A. Independent Public Accountant Name:
B. City:
State:
Zip Code:
Zip Ext.:
Foreign Country:
Foreign Postal Code:
48
If filing more than one
Page 49, "X" box:__
For period ending: 12/31/97
File number 811-2834
116. Family of investment companies information:
A. Is Registrant part of a family of investment companies? (Y/N):
B. Identify the family in 10 letters:
(NOTE: In filing this form, use this identification consistently
for all investment companies in family. This designation
is for purposes of this form only.)
117. A. Is Registrant a separate account of an insurance company? (Y/N):
If answer if "Y" (Yes), are any of the following types of contracts
funded by the Registrant?:
B. Variable annuity contracts? (Y/N):
C. Scheduled premium variable life contracts? (Y/N):
D. Flexible premium variable life contracts? (Y/N):
E. Other types of insurance products registered under the Securities Act
of 1933? (Y/N):
118. State the number of series existing at the end of the period that had
securities registered under the Securities Act of 1933: 0
119. State the number of new series for which registration statements under
the Securities Act of 1933 became effective during the period:
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
49
If filing more than one
Page 50, "X" box:__
For period ending: 12/31/97
File number 811-2834
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 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
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 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 Distributions
Investing omitted) ($000's omitted)
------------- ---------------- -------------------
<S> <C> <C> <C> <C>
A. U.S. Treasury direct issue $ $
------------ ---------------- --------------------
B. U.S. Government agency 0 $ 0 $ 0
------------ ---------------- --------------------
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 $ $
------------ ---------------- --------------------
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 $ $
------------ ---------------- --------------------
J. All other equity securities $ $
------------ ---------------- --------------------
K. Other securities $ $
------------ ---------------- --------------------
L. Total assets of all series registrant 0 $ 0 $ 0
------------ ---------------- --------------------
</TABLE>
50
If filing more than one
Page 51, "X" box:__
For period ending: 12/31/97
File number 811-2834
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 answer is "N" (No), go to item 131.]
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): 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): N
131. Total expenses incurred by all series of Registrant during the current
reporting period ($000's omitted): $0
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>
811-2590 811-2754 811-2834 811-2870 811-2962
811-4121 811-4469 811-5965 811-6451
</TABLE>
ITEM 132: "811" number of series included in filing
This item is to be used by any series of a UIT that had an "811"
number assigned to it prior to September 1972. For more information regarding
this item, see the instruction to sub-item 1B.
51
SIGNATURE PAGE
This report is signed on behalf of the registrant (or depositor or trustee).
City of: Oakbrook Terrace
State of: IL
Date: February 27, 1998
Name of Registrant, Depositor, or Trustee:
Van Kampen American Capital Distributors, Inc. (Depositor)
By (Name and Title):
Dominick Cogliandro, Vice President
52
