FORM N-SAR
SEMI-ANNUAL REPORT
FOR REGISTERED
INVESTMENT COMPANIES
<PAGE>
FORM N-SAR
SEMI-ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
Report for six month period ending: / / (a)
or fiscal year ending: 12/31/96 (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: The Tax Exempt Bond Fund of Virginia
B. File Number: 811-02858
C. Telephone Number: (804) 649-3000
2. A. Street: 823 East Main Street
B. City: Richmond C. State: VA D. Zip Code: 23219 Zip Ext:
E. Foreign County Foreign Postal Code:
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)?
(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? ------------------- ___
SCREEN NUMBER: 01 PAGE NUMBER: 01 NEXT SCREEN:
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For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 2, "X" box: __
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.
Is this the
Series last filing
Number Series Name for this series?
(Y/N)
1
(NOTE: See item D(8) of the general instructions to the form for
information on how to complete the form for series
companies.)
SCREEN NUMBER: 02 PAGE NUMBER: 02 NEXT SCREEN:
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Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 3, "X" box: __
INVESTMENT ADVISER/SUB-ADVISER
8. A. __ Adviser Name (If any):______________________________
B. __ Is than an Adviser or a Sub-adviser? (A or S): ___
C. __ File Number: 801 - __________
D. __ City:_________ State:__ Zip Code:_____ Zip Ext.:____
Foreign Country:___________ Foreign Postal Code:____
8. A. __ Adviser Name (If any):______________________________
B. __ Is than an Adviser or a Sub-adviser? (A or S): ___
C. __ File Number: 801 - __________
D. __ City:_________ State:__ Zip Code:_____ Zip Ext.:____
Foreign Country:___________ Foreign Postal Code:____
8. A. __ Adviser Name (If any):______________________________
B. __ Is than an Adviser or a Sub-adviser? (A or S): ___
C. __ File Number: 801 - __________
D. __ City:_________ State:__ Zip Code:_____ Zip Ext.:____
Foreign Country:___________ Foreign Postal Code:____
8. A. __ Adviser Name (If any):______________________________
B. __ Is than an Adviser or a Sub-adviser? (A or S): ___
C. __ File Number: 801 - __________
D. __ City:_________ State:__ Zip Code:_____ Zip Ext.:____
Foreign Country:___________ Foreign Postal Code:____
THE NEXT ITEM NUMBER IS 10.
SCREEN NUMBER: 03 PAGE NUMBER: 03 NEXT SCREEN:
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Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 4, "X" box: __
ADMINISTRATOR
10. A. __ Administrator Name (If any): _______________________
B. __ File Number (If any): __________
C. __ City:___________ State:__ Zip Code:_____ Zip Ext.:___
Foreign Country:____________ Foreign Postal Code:____
10. A. __ Administrator Name (If any): _______________________
B. __ File Number (If any): __________
C. __ City:___________ State:__ Zip Code:_____ Zip Ext.:___
Foreign Country:____________ Foreign Postal Code:____
10. A. __ Administrator Name (If any): _______________________
B. __ File Number (If any): __________
C. __ City:___________ State:__ Zip Code:_____ Zip Ext.:___
Foreign Country:____________ Foreign Postal Code:____
10. A. __ Administrator Name (If any): _______________________
B. __ File Number (If any): __________
C. __ City:___________ State:__ Zip Code:_____ Zip Ext.:___
Foreign Country:____________ Foreign Postal Code:____
SCREEN NUMBER: 04 PAGE NUMBER: 04 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 5, "X" box: __
PRINCIPAL UNDERWRITER
11. A. __ Underwriter Name (If any):____________________________
B. __ File Number: 8- __________
C. __ City:__________ State: __ Zip Code: _____ Zip Ext.:___
Foreign Country:_____________ Foreign Postal Code:____
11. A. __ Underwriter Name (If any):____________________________
B. __ File Number: 8- __________
C. __ City:__________ State: __ Zip Code: _____ Zip Ext.:___
Foreign Country:_____________ Foreign Postal Code:____
11. A. __ Underwriter Name (If any):____________________________
B. __ File Number: 8- __________
C. __ City:__________ State: __ Zip Code: _____ Zip Ext.:___
Foreign Country:_____________ Foreign Postal Code:____
11. A. __ Underwriter Name (If any):____________________________
B. __ File Number: 8- __________
C. __ City:__________ State: __ Zip Code: _____ Zip Ext.:___
Foreign Country:_____________ Foreign Postal Code:____
SCREEN NUMBER: 05 PAGE NUMBER: 05 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 6, "X" box: __
SHAREHOLDER SERVICING AGENT
12. A. __ Agent Name (If any):_________________________________
B. __ File Number (If any): __________
C. __ City:____________ State:__ Zip Code:_____ Zip Ext.:___
12. A. __ Agent Name (If any):_________________________________
B. __ File Number (If any): __________
C. __ City:____________ State:__ Zip Code:_____ Zip Ext.:___
12. A. __ Agent Name (If any):_________________________________
B. __ File Number (If any): __________
C. __ City:____________ State:__ Zip Code:_____ Zip Ext.:___
12. A. __ Agent Name (If any):_________________________________
B. __ File Number (If any): __________
C. __ City:____________ State:__ Zip Code:_____ Zip Ext.:___
SCREEN NUMBER: 06 PAGE NUMBER: 06 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 7, "X" box: __
INDEPENDENT PUBLIC ACCOUNTANT
13. A. __ Accountant Name:______________________________________
B. __ City:_____________ State:__ Zip Code:_____ Zip Ext.:___
C. __ Foreign Country:_____________ Foreign Postal Code:_____
13. A. __ Accountant Name:______________________________________
B. __ City:_____________ State:__ Zip Code:_____ Zip Ext.:___
C. __ Foreign Country:_____________ Foreign Postal Code:_____
13. A. __ Accountant Name:______________________________________
B. __ City:_____________ State:__ Zip Code:_____ Zip Ext.:___
C. __ Foreign Country:_____________ Foreign Postal Code:_____
13. A. __ Accountant Name:______________________________________
B. __ City:_____________ State:__ Zip Code:_____ Zip Ext.:___
C. __ Foreign Country:_____________ Foreign Postal Code:_____
SCREEN NUMBER: 07 PAGE NUMBER: 07 NEXT SCREEN:
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Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 8, "X" box: __
AFFILIATED BROKER/DEALER
14. A. __ Broker/Dealer Name (If any):___________________________
B. __ File Number: 8 - __________
14. A. __ Broker/Dealer Name (If any):___________________________
B. __ File Number: 8 - __________
14. A. __ Broker/Dealer Name (If any):___________________________
B. __ File Number: 8 - __________
14. A. __ Broker/Dealer Name (If any):___________________________
B. __ File Number: 8 - __________
14. A. __ Broker/Dealer Name (If any):___________________________
B. __ File Number: 8 - __________
SCREEN NUMBER: 08 PAGE NUMBER: 08 NEXT SCREEN:
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Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 9, "X" box: __
CUSTODIAN/SUB-CUSTODIAN
15. A. __ Custodian/Sub-custodian Name:__________________________
B. __ Is this a Custodian or Sub-custodian? (C or S): ___
C. __ City:______________ State:__ Zip Code:_____ Zip Ext:___
D. __ Foreign Country:_______________ Foreign Postal Code:___
E. __ Mark one of the following with an "X":
TYPE OF CUSTODY
Bank Member Nat'l Foreign Insurance
Sec.17(f)(1) Sec. Exchg. Self Custodian Co. Sponsor
Rule 17f-1 Rule 17f-2 Rule 17f-5 Rule 26a-2 Other
THE NEXT ITEM NUMBER IS 18.
SCREEN NUMBER: 09 NEXT SCREEN:
18. __ Does Registrant's/Series' custodian(s) maintain some or
all of Registrant's/Series' securities in a central
depository or book-entry system pursuant to Rule
17f-4? (Y/N) ----------------------------------- ___
Y/N
19. Family of investment companies information:
A. __ Is Registrant part of a family of investment companies?
(Y/N) -------------------------------------- ___
Y/N
B. __ If "Y" (Yes), state the number of registered management
investment companies in the family:--------- _______
(NOTE: Count as a separate company each series of a
series company and each portfolio of a multiple
portfolio company; exclude all series of unit
investment trusts from this number.)
C. __ Identify the family using 10
letters: _ _ _ _ _ _ _ _ _ _
(NOTE: In filing this form, use this identification
consistently for all investment companies in the
family including any unit investment trusts. This
designation is for purposes of this form only.)
SCREEN NUMBER: 10 PAGE NUMBER: 09 NEXT SCREEN:
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 10, "X" box: __
PORTFOLIO TRANSACTIONS
20. Brokerage commissions paid on portfolio transactions of
Registrant:
List the 10 brokers which received the largest amount of
brokerage commissions (excluding dealer concessions in
underwritings) by virtue of direct or indirect
participation in Registrant's portfolio transactions, set
forth in order of size of gross commissions during the
current reporting period:
Gross Commissions
Name of Broker IRS Number Received from Registrant*
($000's omitted)
21. Aggregate brokerage commissions paid by Registrant
during current reporting period ($000's omitted): $_________*
* Value must be numeric, using no decimals.
SCREEN NUMBER: 11 PAGE NUMBER: 10 NEXT SCREEN:
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 11, "X" box: __
22. Registrant's portfolio transactions with entities acting as
principals:
List the 10 entities acting as principals with whom
Registrant did the largest amount of portfolio transactions
(include all short-term obligations, and U.S. Gov't &
tax-free securities) in both the secondary market & in
underwritten offerings set forth in order of size based upon
total value of principal transactions during the current
reporting period: (FOR SERIES COMPANIES, ITEMS 20 & 21 ARE
TO BE ANSWER IN TOTAL FOR ALL SERIES)
Registrant sales
Registrant (excl. maturing
Name of Entity IRS Number Purchases* securities)*
($000's omitted)
23. Aggregate principal purchase/sale transactions of Registrant
during current reporting period ($000's omitted): $__________
Total Purchases
$__________
Total Sales*
* Value must be numeric, using no decimals.
SCREEN NUMBER: 12 PAGE NUMBER: 11 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 12, "X" box: __
24. __ At the end of the current period, did the
Registrant/Series hold any securities of its regular
brokers or dealers or of the parents of such brokers or
dealers that derive more than 15% of gross revenue from
securities-related activities? (Y/N) -------------- ___
Y/N
[If answer is "N" (No), go to item 26.]
SCREEN NUMBER: 13 NEXT SCREEN:
25. __ List below the information requested about
Registrant's/Series' holdings of the securities of its
regular brokers or dealers or of their parents that
derive more than 15% of gross revenues from
securities-related activities:
Type of Value of any
Security Securities owned
Owned at end of
Name of Regular Broker or IRS D=Debt current period
Dealer of Parent (Issuer) Number E=Equity ($000's omitted)
SCREEN NUMBER: 14 PAGE NUMBER: 12 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 13, "X" box: __
26. __ Considerations which affected the participation of brokers
or dealers or other entities in commissions or other
compensation paid on portfolio transactions of Registrant:
(FOR SERIES COMPANIES THIS ITEM IS TO BE ANSWERED IN TOTAL
FOR ALL SERIES)
Answer each of the following with "Y" or "N".
Y/N
A. Sales of Registrant's/Series' shares --------- ___
B. Receipt of investment research and statistical
information ---------------------------------- ___
C. Receipt of quotations for portfolio valuations ___
D. Ability to execute portfolio transactions
to obtain best price and execution ---------- ___
E. Receipt of telephone line and wire services ___
F. Broker or dealer which is an affiliated person ___
G. Arrangement to return or credit part or all of
commissions or profits thereon:
(i) To investment adviser, principal
underwriter, or an affiliated person of
either ------------------------------- ___
(ii) To Registrant ------------------------ ___
H. Other ---------------------------------------- ___
SCREEN NUMBER: 15 NEXT SCREEN:
27. __ Is Registrant/Series an open-end investment company? (Y/N)
--------------------------------------------------- ___
[If answer is "N" (No), go to item 45.]
SCREEN NUMBER: 16 PAGE NUMBER: 13 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 14, "X" box: __
28. Monthly sales and repurchases of Registrant's/Series' shares:
Total NAV Total NAV Total NAV
of Shares of Shares Total NAV of Shares
Sold: New Sold: Reinv. of Shares Redeemed and
Sales (Incl. of Dividends & Sold: Repurchased
Month of Exchanges) Distributions Other (Incl.Exchanges)
Current (000's (000's (000's (000's
Period omitted) omitted) omitted) omitted)
A. 1st month
of period $ __________ $ __________ $ __________ $ __________
B. 2nd month
of period $ __________ $ __________ $ __________ $ __________
C. 3rd month
of period $ __________ $ __________ $ __________ $ __________
D. 4th month
of period $ __________ $ __________ $ __________ $ __________
E. 5th month
of period $ __________ $ __________ $ __________ $ __________
F. 6th month
of period $ __________ $ __________ $ __________ $ __________
G. Total $ $ $ $
H. Total NAV of Registrant's/Series' share sales during the
period subject to sales load ($000's omitted) $ __________
SCREEN NUMBER: 17 PAGE NUMBER: 14 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 15, "X" box: __
29. __ Was a front-end sales load deducted from any share sales
during the reporting period? (Y/N) ---------------- ___
Y/N
[If answer is "N" (No), go to item 34.]
30. A. Total front-end sales loads collected from sales
(including exchanges) by principal underwriter or by any
underwriter which is an affiliated person of the
principal underwriter, of Registrant's/Series' shares
during the current period ($000's omitted) ----- $_______
B. What is the maximum sales load rate in effect at the end
of the period as a percentage of the offering price?
------------------------------------------------ _____%*
C. What is the minimum sales load rate in effect at the end
of the period as a percentage of the offering price?
------------------------------------------------ _____%*
* Percentages must have format nn.nn (where n = integer).
SCREEN NUMBER: 18 NEXT SCREEN:
31. A. Net amount retained by Registrant's/Series'
principal underwriter or by any underwriter which is
an affiliated person of the principal underwriter
thereof from front-end sales loads collected from
sales of Registrant's/Series' shares during the
current period ($000's omitted) ------------ $__________
B. Amount by which payout by Registrant's/Series'
principal underwriter or by any underwriter
which is an affiliated person of the principal
underwriter thereof to persons or entities
selling Registrants'/Series' shares exceeded
that reported in Item 30 ($000's omitted)
-------------------------------------------- $__________
32. Amount Registrant's/Series' principal underwriter and
any underwriters or dealers which are affiliated persons
of the principal underwriter paid to dealers which are
not affiliated persons of the principal underwriter for
selling Registrant's/Series' shares that were sold with
a front-end sales load during current period ($000's omitted)
------------------------------------------------ $__________
33. Amount paid to a captive retail sales force of
Registrant's/Series' principal underwriter or of any
underwriter or dealer which is an affiliated person of
the principal underwriter for selling Registrant's
shares that were sold with a front-end
sales load during current period ($000's omitted)
------------------------------------------------ $__________
SCREEN NUMBER: 19 PAGE NUMBER: 15 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 16, "X" box: __
34. __ Did Registrant/Series impose a deferred or contingent
deferred sales load during the reporting period?
(Y/N) --------------------------------------- ___
[If answer is "N" (No), go to item 37.]
35. Total deferred or contingent deferred sales loads
collected during current period from redemptions and
repurchases of Registrant/Series shares
($000's omitted) ------------------------------- $_________
36. A. __ Did Registrant/Series retain all monies collected
from the deferred or contingent deferred sales load?
------------------------------------------ ___
B. If answer to sub-item 36A is "N" (No), state the
net amount Registrant/Series retained from
deferred or contingent deferred sales loads
($000's omitted) ------------------------- $_________
SCREEN NUMBER: 20 NEXT SCREEN:
37. __ Did Registrant/Series impose a redemption fee other than
a deferred or contingent sales load during the
reporting period? (Y/N) ---------------------- ___
[If answer is "N" (No), go to item 39.]
38. Total amount of redemption fees other than deferred or
contingent deferred sales loads collected from
redemptions and repurchases of Registrant's/Series'
shares during the current period ($000's omitted)
------------------------------------------------ $_________
39. __ Were any account maintenance fees or other administrative
fees imposed directly on shareholders during the
current period? (Y/N) ----------------------- ___
40. __ During the period, did the Registrant/Series have a
plan of distribution adopted pursuant to Rule
12b-1? (Y/N) -------------------------------- ___
[If answer is "N" (No), go to item 45.]
41. __ During the period, did Registrant/Series use its
assets directly to make payments under the
12b-1 plan? (Y/N) -------------------------- ___
[If answer is "N" (No), go to item 44.]
SCREEN NUMBER: 21 PAGE NUMBER: 16 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 17, "X" box: __
42. For the current period, indicate the percentage of total
dollars paid directly by the Registrant/Series under the
12b-1 plan for each of the following:
NOTE: Round to nearest whole percent.
A. Advertising --------------------------------- ___%
B. Printing and mailing of prospectuses to other than
current shareholders ------------------------ ___%
C. Payments to underwriters -------------------- ___%
D. Payments to brokers or dealers -------------- ___%
E. Direct payments to sales personnel ---------- ___%
F. Payments to banks and savings and loans ----- ___%
G. Other uses, incl. payments to the investment adviser
separate from the advisory fee -------------- ___%
H. Unallocated payments made for a combination of such
services ------------------------------------ ___%
43. Total amount paid directly by Registrant/Series pursuant
to its 12b-1 plan ($000's omitted) -------------- $_______
44. If an investment adviser or other affiliated person of
Registrant/Series made unreimbursed payments pursuant to
Registrant's/Series' 12b-1 plan, state the total amount
of such payments ($000's omitted) --------------- $_______
SCREEN NUMBER: 22 PAGE NUMBER: 17 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 18, "X" box: __
CONTRACTS
45. __ Did Registrant/Series have an advisory contract during
the period? (Y/N) ------------------------------- ___
[If answer is "N" (No), go to item 55.]
46. __ Did Registrant/Series pay more than one investment
adviser directly for investment advice during the
period? (Y/N) ------------------------------------ ___
[If answer is "Y" (Yes), answer items 47-52 in the
aggregate for all such investment advisers.]
47. __ Was Registrant's/Series' advisory fee based solely on a
percentage of its assets? (Y/N) ----------------- ___
48. __ If answer to 47 is "Y" (Yes), fill in the table or the
single fee rate based on the advisory contract:
SINGLE FEE RATE ---------------------------------- ___%*
STEP: ASSET VALUE ANNUAL FEE RATE*
($000's omitted)
A. first- $__________ ____%
B. of next- $__________ ____%
C. of next- $__________ ____%
D. of next- $__________ ____%
E. of next- $__________ ____%
F. of next- $__________ ____%
G. of next- $__________ ____%
H. of next- $__________ ____%
I. of next- $__________ ____%
J. of next- $__________ ____%
K. maximum- $__________ ____%
* Fields must be of the format n.nnn (where n = integer).
SCREEN NUMBER: 23 PAGE NUMBER: 18 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 19, "X" box: __
ADVISORY FEE
49. __ Was Registrant's/Series' advisory fee during the period
based solely on a percentage of its income? (Y/N)
----------------------------------------------- ___
50. __ Was Registrant's/Series' advisory fee during the period
based on some combined percentage of its income and
assets? (Y/N) --------------------------------- ___
51. __ Was Registrant's/Series' advisory fee during the period
based in whole or in part on its investment performance?
(Y/N) ----------------------------------------- ___
52. __ Was Registrant's/Series' advisory fee during the period
based in whole or in part upon the assets, income or
performance of other registrants? (Y/N) ------- ___
53. A. __ Were the expenses of the Registrant/Series
limited or reduced at any time during the period
by some agreement or understanding other than by
blue sky laws? (Y/N) ---------------------- ___
If 53A is "Y" (Yes), was limitation that applied during
current period based upon:
B. __ Assets? ___
C. __ Income? ___
SCREEN NUMBER: 24 PAGE NUMBER: 19 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 20, "X" box: __
54. __ Indicate below whether services were supplied or paid for
wholly or in substantial part by investment adviser(s) or
administrator(s) in connection with the advisory or
administrative contract(s) but for which the adviser(s) or
administrator(s) are not reimbursed by the Registrant:
Y/N
A. Occupancy and office rental--------------------- ___
B. Clerical and bookkeeping services--------------- ___
C. Accounting services----------------------------- ___
D. Services of independent auditors---------------- ___
E. Services of outside counsel--------------------- ___
F. Registration and filing fees-------------------- ___
G. Stationery, supplies and printing--------------- ___
H. Salaries & compensation of Registrant's
interested directors---------------------------- ___
I. Salaries & compensation of Registrant's
disinterested directors------------------------- ___
J. Salaries & compensation of Registrant's
officers who are not directors------------------ ___
K. Reports to current shareholders----------------- ___
L. Determination of offering and redemption
prices------------------------------------------ ___
M. Trading department------------------------------ ___
N. Prospectus preparation and printing for
current shareholders---------------------------- ___
O. Other------------------------------------------- ___
SCREEN NUMBER: 25 PAGE NUMBER: 20 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 21, "X" box: __
55. Did Registrant/Series have any of the following outstanding
at any time during the current period which exceeded 1% of
aggregate net assets? Y/N
A. __ Overdrafts-------------------------------------- ___
B. __ Bank loans-------------------------------------- ___
56. __ During the period, did the Registrant's/Series'
investment adviser(s) have advisory clients other than
investment companies? ----------------------------- ___
57. __ Did the Registrant/Series adjust the number of its shares
outstanding by means of a stock split or stock dividend?
--------------------------------------------------- ___
SCREEN NUMBER: 26 NEXT SCREEN:
CLASSIFICATION
58. A. __ Was Registrant/Series a separate account of an
insurance company? (Y/N)------------------------ ___
If answer is "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)--------------- ___
59. __ Was Registrant/Series a management investment company?
(Y/N)---------------------------------------------- ___
60. __ A. Was Registrant/Series a diversified investment
company? (Y/N)--------------------------------- ___
__ B. Was Registrant/Series a diversified investment
company at any time during the period?--------- ___
61. __ What is the lowest minimum initial investment
required by a Registrant/Series from an investor
that is not an employee or otherwise affiliated with
the Registrant/Series, its adviser, principal
underwriter or other affiliated entity?---------- _______
SCREEN NUMBER: 27 PAGE NUMBER: 21 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 22, "X" box: __
62. A. Does Registrant/Series invest primarily in debt
securities, including convertible debt securities,
options and futures on debt securities or indices of
debt securities? (Y/N)---------------------------- ___
[If answer is "N" (No), go to item 66.]
If answer is "Y" (Yes), state the percentage of assets in
each type at the end of the current period:
Short-Term Maturities*
B. U.S. Treasury---------------------------------- __%
C. U.S. Government Agency------------------------- __%
D. Repurchase agreements-------------------------- __%
E. State and municipal tax-free------------------- __%
F. Bank Certificates of deposit-domestic---------- __%
G. Bank Certificates of deposit-foreign----------- __%
H. Bankers acceptances---------------------------- __%
I. Commercial paper taxable----------------------- __%
J. Time deposits---------------------------------- __%
K. Options---------------------------------------- __%
L. All other-------------------------------------- __%
Intermediate & Long-Term Maturities*
M. U.S. Treasury--------------------------------- __%
N. U.S. Government Agency------------------------ __%
O. State and Municipal tax-free------------------ __%
P. Corporate------------------------------------- __%
Q. All other------------------------------------- __%
* Percentages must be in the form nnn.n (where n =
integer).
SCREEN NUMBER: 28 PAGE NUMBER: 22 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 23, "X" box: __
63. State the dollar weighted average portfolio maturity
at the end of the period covered by this report in
days or, if longer than 1 yr.,
in years to one decimal place: A. _____ days
B. _____ years*
64. A. __ Is the timely payment of principal and interest
on any of the instruments listed in item 62
insured or guaranteed by an entity other than
the issuer? (Y/N)----------------------------- ___
[If answer is "N" (No), go to item 66.]
B. __ Is the issuer of any instrument covered in item
62 delinquent or in default as to payment of
principal or interest at the end of the current
period? (Y/N)---------------------------------- ___
[If answer is "N" (No), go to item 66.]
65. __ In computations of NAV per share, is any part of the
value attributed to instruments identified in sub-
item 64B derived from insurance or guarantees?
(Y/N)---------------------------------------------- ___
* Must be of the format nn.n (where n = integer).
SCREEN NUMBER: 29 PAGE NUMBER: 23 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 24, "X" box: __
66. A. Is the Registrant/Series a fund that usually invests in
equity securities, options and futures on equity
securities, indices of equity securities or securities
convertible into equity securities? (Y/N) ----- ___
[If answer is "N" (No), go to item 67. Otherwise, place a
"Y" on the line below which best describes its primary
investment objective (place an "N" on other lines):]
B. __ Aggressive capital appreciation ---------------- ___
C. __ Capital appreciation --------------------------- ___
D. __ Growth ----------------------------------------- ___
E. __ Growth and income ------------------------------ ___
F. __ Income ----------------------------------------- ___
G. __ Total return ----------------------------------- ___
67. __ Is the Registrant/Series a balanced fund? (Y/N) ---- ___
68. Does the Registrant/Series have more than 50% of its net
assets at the end of the current period invested in:
A. __ The securities of issuers engaged primarily in the
production or distribution of precious metals?
(Y/N) ------------------------------------------- ___
B. __ The securities of issuers located primarily in
countries other than the United States?
(Y/N) ------------------------------------------ ___
69. __ Is the Registrant/Series an index fund? (Y/N) ----- ___
SCREEN NUMBER: 30 PAGE NUMBER: 24 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 25, "X" box: __
70. __ Investment practices.
Answer "Y" (Yes) or "N" (No) to the following:
If permitted by
Permitted by investment policies,
Investment engaged in during
Activity Policies? the reporting period?
Y/N Y/N
A. Writing or Investing in
repurchase agreements --- ___ ___
B. Writing or Investing in
options on equities ----- ___ ___
C. Writing or Investing in
options on debt
securities -------------- ___ ___
D. Writing or Investing in
options on stock
indices ----------------- ___ ___
E. Writing or Investing in
interest rate futures --- ___ ___
F. Writing or Investing in
stock index futures ----- ___ ___
G. Writing or Investing in
options on futures ------ ___ ___
H. Writing or Investing in
options on stock index
futures ----------------- ___ ___
I. Writing or Investing in
other commodity futures - ___ ___
J. Investments in restricted
securities -------------- ___ ___
K. Investments in shares of
other investment
companies --------------- ___ ___
L. Investments in securities
of foreign issuers ------ ___ ___
M. Currency exchange
transactions ------------ ___ ___
N. Loaning portfolio
securities -------------- ___ ___
O. Borrowing of money ------ ___ ___
P. Purchases/sales by certain
exempted affiliated
persons ----------------- ___ ___
Q. Margin purchases -------- ___ ___
R. Short selling ----------- ___ ___
SCREEN NUMBER: 31 PAGE NUMBER: 25 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 25, "X" box: __
71. Portfolio turnover rate for the current reporting period:
A. Purchases ($000's omitted) ------------------- $________
B. Sales [including all maturities]
($000's omitted) ----------------------------- $________
C. Monthly average value of portfolio
($000's omitted) ----------------------------- $________
D. Percent turnover (Use the lesser of 71A or
71B divided by 71C) -------------------------- _______%
NOTE: 71D should be a whole number; round if necessary.
FINANCIAL INFORMATION
72. A. How many months do the answers to items 72 and
73 cover? ----------------------------------- ___ Months
For period covered by this form
($000's omitted)
INCOME
B. Net interest income --------- $__________
C. Net dividend income --------- $__________
D. Account maintenance fees ---- $__________
E. Net other income ------------ $__________
EXPENSES
F. Gross advisory fees --------- $__________
G. Gross administrator(s) fees - $__________
H. Salaries and other
compensation (negative answer
allowed) -------------------- $__________
SCREEN NUMBER: 32 PAGE NUMBER: 26 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 27, "X" box: __
For period covered by this form
($000's omitted)
FINANCIAL INFORMATION (Cont.)
EXPENSES (Negative answers allowed)
I. Shareholder servicing agent
fees -------------------------- $_______________
J. Custodian fees ---------------- $_______________
K. Postage ----------------------- $_______________
L. Printing expenses ------------- $_______________
M. Directors' fees --------------- $_______________
N. Registration fees ------------- $_______________
O. Taxes ------------------------- $_______________
P. Interest ---------------------- $_______________
Q. Bookkeeping fees paid to anyone
performing this service ------- $_______________
R. Auditing fees ----------------- $_______________
S. Legal fees -------------------- $_______________
T. Marketing/distribution payments
including payments pursuant to a
Rule 12b-1 plan --------------- $_______________
U. Amortization of organization
expenses ---------------------- $_______________
V. Shareholder meeting expenses -- $_______________
W. Other expenses ---------------- $_______________
X. Total expenses ---------------- $_______________
SCREEN NUMBER: 33 PAGE NUMBER: 27 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 28, "X" box: __
For period covered by this form
($000's omitted)
FINANCIAL INFORMATION (Cont.)
EXPENSES (Negative answers are allowed on this screen for
72Z only)
Y. Expense reimbursements -------------------- $___________
Z. Net investment income --------------------- $__________*
AA. Realized capital gains -------------------- $___________
BB. Realized capital losses ------------------- $___________
CC. 1. Net unrealized appreciation during
the period --------------------------- $___________
2. Net unrealized depreciation during
the period --------------------------- $___________
DD. 1. Total income dividends for which
record date passed during the
period ------------------------------- $___________
2. Dividends for a second class of
open-end company shares -------------- $___________
EE. Total capital gains distributions for
which record date passed during the
period ----------------------------------- $___________
73. Payments per share outstanding during the
entire current period:
A. 1. Dividends from net investment income -- $_________**
2. Dividends for a second class of open-
end company shares -------------------- $_________**
NOTE: Show in fractions of a cent if so declared.
B. Distributions of capital gains ------------- $_________**
C. Other distributions ------------------------ $_________
NOTE: Show in fractions of a cent if so declared.
*Negative answer permitted in this field.
**Items 73A and 73B should be of the form nnn.nnnn (where n =
integer).
SCREEN NUMBER: 34 PAGE NUMBER: 28 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 29, "X" box: __
As of the end of current reporting
period ($000's omitted except
74. Condensed balance sheet data: for per share amounts)
A. Cash ------------------------------------ $____________
B. Repurchase agreements-------------------- $____________
C. Short-term debt securities other than
repurchase agreements------------------ $____________
D. Long-term debt securities including
convertible debt----------------------- $____________
E. Preferred, convertible preferred and
adjustable rate preferred stock-------- $____________
F. Common stock----------------------------- $____________
G. Options on equities --------------------- $____________
H. Options on all futures------------------- $____________
I. Other investments------------------------ $____________
J. Receivables from portfolio instruments
sold------------------------------------- $____________
K. Receivables from affiliated persons------ $____________
L. Other receivables ----------------------- $____________
M. All other assets------------------------- $____________
N. Total assets----------------------------- $____________
SCREEN NUMBER: 35 PAGE NUMBER: 29 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 30, "X" box: __
As of the end of current reporting
period ($000's omitted except
Condensed balance sheet data for per share amounts and
(Cont.) number of accounts)
O. Payables for portfolio instruments
purchased---------------------------------- $___________
P. Amounts owed to affiliated persons--------- $___________
Q. Senior long-term debt---------------------- $___________
R. Other liabilities-------------------------- $___________
1. Reverse repurchase agreements --------- $___________
2. Short sales --------------------------- $___________
3. Written options ----------------------- $___________
4. All other liabilities ----------------- $___________
S. Senior equity------------------------------ $___________
T. Net assets of common shareholders---------- $___________
U. 1. Number of shares outstanding----------- $___________
2. Number of shares outstanding of a second
class of open-end company shares ------ $___________
V. 1. Net asset value per share (to nearest
cent)---------------------------------- $__________*
2. Net asset value per share of a second class
of open-end company shares (to nearest
cent) --------------------------------- $_________*
W. Mark-to-market net asset value per share
for money market funds only (to four
decimals)---------------------------------- $_________**
X. Total number of shareholder accounts------- $___________
Y. Total value of assets in segregated
accounts----------------------------------- $___________
*Net asset value per share must be of the form nnn.nn (where n =
integer).
**Value must be of the form nnn.nnnn (where n = integer).
SCREEN NUMBER: 36 PAGE NUMBER: 30 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 31, "X" box: __
75. Average net assets during the current
reporting period ($000's omitted)
Answer only one: ----------------------------- $____________
A. Daily average (for money market funds) --- $____________
B. Monthly average (for all other funds) ---- $____________
76. Market price per share at end of period
(closed-end funds only) ---------------------- $___________*
*Price per share should be of the form nnnn.nn (where n =
integer).
SCREEN NUMBER: 37 PAGE NUMBER: 31 NEXT SCREEN:
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 32, "X" box: __
77. A. Is the Registrant filing any of the following attachments
with the current filing of Form N-SAR? (ANSWER FOR ALL
SERIES AS A GROUP) ----------------------------- ___
NOTE: If answer if "Y" (Yes), mark those items below being
filed as an attachment to this form or incorporated by
reference.
B. Accountant's report on internal control --------- ___
C. Matters submitted to a vote of security holders - ___
D. Policies with respect to security investments --- ___
E. Legal proceedings ------------------------------- ___
F. Changes in security for debt -------------------- ___
G. Defaults and arrears on senior securities ------- ___
H. Changes in control of Registrant ---------------- ___
I. Terms of new or amended securities -------------- ___
J. Revaluation of assets or restatement of capital
share account ----------------------------------- ___
K. Changes in Registrant's certifying accountant --- ___
L. Changes in accounting principles and practices -- ___
M. Mergers ----------------------------------------- ___
N. Actions required to be reported pursuant to Rule
2a-7 -------------------------------------------- ___
O. Transactions effected pursuant to Rule 10f-3 ---- ___
P. Information required to be filed pursuant to
existing exemptive orders ----------------------- ___
Attachment Information (Cont'd. on Screen 39)
SCREEN NUMBER: 38 PAGE NUMBER: 32 NEXT SCREEN:
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 33, "X" box: __
Q. 1. Exhibits ------------------------------------ ___
2. Any information called for by instructions to
sub-item 77Q2 ------------------------------- ___
3. Any information called for by instructions to
sub-item 77Q3 ------------------------------- ___
78. __ Does the Registrant have any wholly-owned investment
company subsidiaries whose operating & financial data
are consolidated with that of Registrant in this
report (Y/N) ------------------------------------- ___
[If answer is "N" (No), go to item 80.]
SCREEN NUMBER: 39 NEXT SCREEN:
79. __ List the "811" numbers and names of Registrant's
wholly-owned investment company subsidiaries
consolidated in this report.
811 Number Subsidiary Name
SCREEN NUMBER: 40 PAGE NUMBER: 33 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 34, "X" box: __
ANNUAL SUPPLEMENT
Screens 40 & 41 are to be filed only once each year at the end of
Registrant's/Series' fiscal year.
80. Fidelity bond(s) in effect at the end of the period:
A. __ Insurer Name:
B. __ Second Insurer:
C. __ Aggregate face amount of coverage for
Registrant/Series on all bonds on which it is
named as an insured ($000's omitted): ------ $________
81. A. __ Is the bond part of a joint fidelity bond(s) shared
with other investment companies or other entities?
(Y/N) -------------------------------------- ___
B. __ If the answer to 81A is "Y" (Yes), how many other
investment companies are covered by the bond?
NOTE: Count each series as a separate investment
company. ----------------------------------- _________
82. A. __ Does the mandatory coverage of the fidelity bond
have a deductible? (Y/N) ------------------- ___
B. __ If the answer to 82A is "Y" (Yes), what is the
amount of the deductible? ($000's
omitted) ----------------------------------- $________
SCREEN NUMBER: 41 PAGE NUMBER: 34 NEXT SCREEN:
<PAGE>
Series Information Block
For period ending 12/31/96 This page being filed for
File number 811- 02858 All Series: __
Series No.:
If filing more than one
Page 35, "X" box: __
83. A. __ Were any claims with respect to this Registrant/
Series filed under the bond during the period?
(Y/N) -------------------------------------- ___
B. __ If the answer to 83A is "Y" (Yes), what was the
total amount of such claim(s)? ($000's
omitted) ----------------------------------- $________
84. A. __ Were any losses incurred with respect to this
Registrant/Series that could have been filed as a
claim under the fidelity bond but were not?
(Y/N) -------------------------------------- ___
B. __ If the answer to sub-item 84A is "Yes," what was
the total amount of such losses? ($000's
omitted) ---------------------------------- $________
85. A. __ Are Registrant's/Series' officers and directors
covered as officers and directors of
Registrant/Series under any errors and omissions
insurance policy owned by the Registrant/Series
or anyone else? (Y/N) --------------------- ___
B. __ Were any claims filed under such policy during the
period with respect to Registrant/Series?
(Y/N) ------------------------------------- ___
SCREEN NUMBER: 42 PAGE NUMBER: 35 NEXT SCREEN:
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 33, "X" box: __
CLOSED-END INVESTMENT COMPANIES
86. Sales, repurchases and redemptions of Registrant's
securities:
Number of Shares Net
or Principal Consideration
Amount of Debt Received or Paid
Class ($000's omitted) ($000's omitted)
Common Stock:
A. __ Sales _______________ $_______________
B. __ Repurchases _______________ $_______________
Preferred Stock:
C. __ Sales _______________ $_______________
D. __ Repurchases and
redemptions _______________ $_______________
Debt Securities:
E. __ Sales _______________ $_______________
F. __ Repurchases and
redemptions _______________ $_______________
SCREEN NUMBER: 43 NEXT SCREEN:
87. Securities of Registrant registered on a national securities
exchange or listed on NASDAQ:
CUSIP or Ticker
Title of each class of securities NASDAQ No. Symbol
A. __ ______________________ __________ ______
B. __ ______________________ __________ ______
C. __ ______________________ __________ ______
88. Did Registrant have any of the following outstanding which
exceeded 1% of aggregate net assets at any time during the
period?
Y/N
A. __ Notes or bonds ------------------------------ ___
B. __ Uncovered options --------------------------- ___
C. __ Margin loans -------------------------------- ___
D. __ Preferred stock ----------------------------- ___
SCREEN NUMBER: 44 PAGE NUMBER: 36 NEXT SCREEN:
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 37, "X" box: __
SMALL BUSINESS INVESTMENT COMPANIES
INVESTMENT ADVISER
89. A. __ Adviser Name (If any): -------------------------
B. __ File Number: 801- ______
C. __ City:___________ State:___ Zip Code:____ Zip Ext.:____
Foreign Country:___________ Foreign Postal Code:______
89. A. __ Adviser Name (If any): -------------------------
B. __ File Number: 801- ______
C. __ City:___________ State:___ Zip Code:____ Zip Ext.:____
Foreign Country:___________ Foreign Postal Code:______
TRANSFER AGENT
90. A. __ Transfer Agent Name (If any): ________________________
B. __ File Number: ______-____________
C. __ City:__________ State:__ Zip Code:______ Zip Ext.:____
Foreign Country:__________ Foreign Postal Code:_______
90. A. __ Transfer Agent Name (If any): ________________________
B. __ File Number: ______-____________
C. __ City:__________ State:__ Zip Code:______ Zip Ext.:____
Foreign Country:__________ Foreign Postal Code:_______
INDEPENDENT PUBLIC ACCOUNTANT
91. A. __ Accountant Name: ___________________________________
B. __ City:__________ State:__ Zip Code:______ Zip Ext.:____
C. __ Foreign Country:__________ Foreign Postal Code:_______
91. A. __ Accountant Name: ___________________________________
B. __ City:__________ State:__ Zip Code:______ Zip Ext.:____
C. __ Foreign Country:__________ Foreign Postal Code:_______
PAGE NUMBER: 37
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 38, "X" box: __
CUSTODIAN
92. A. __ Custodian:________________________________________
B. __ City:__________ State:__ Zip Code:______ Zip Ext.:____
C. __ Foreign Country:___________ Foreign Postal Code:______
D. __ Mark one of the following with an "X":
TYPE OF CUSTODY
Bank Member Nat'l Foreign Insurance Co.
Sec.17(f)(1) Sec. Exchg. Self Custodian Sponsor
Rule 17f-1 Rule 17f-2 Rule 17f-5 Rule 26a-2 Other
NOTE: If self-custody, give name of safekeeping depository and
location of assets in sub-items 92A and 92B.
E. __ Does Registrant's custodian maintain some or all of
Registrant's securities in a central depository or
book-entry system pursuant to Rule 17f-4?
(Y/N) ---------------------------------------- ___
93. __ Does Registrant's adviser(s) have advisory clients other
than investment companies? (Y/N) ---------------- ___
94. Family of investment companies information:
A. __ Is Registrant part of a family of investment
companies? (Y/N) ----------------------------- ___
B. __ If "Y" (Yes) state the number of registered
management investment companies in the family:
(NOTE: count as a separate company each series of
a series company and each portfolio of a
multiple portfolio company; exclude all series
of unit investment trusts from this number.)
C. __ Identify the family using 10
letters: _ _ _ _ _ _ _ _ _ _
(NOTE: In filing this form, use this identification
consistently for all investment companies in
the family including any unit investment
trusts. This designation is for
purposes of this form only.)
D. __ Is Registrant a wholly-owned subsidiary of a
business development company ("BDC")?
(Y/N) --------------------------------------- ___
E. __ If "Y" (Yes), identify the BDC as follows:
BDC name:
File Number: 2- or 33-
PAGE NUMBER: 38
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 39, "X" box: __
95. Sales, repurchases, and redemptions of Registrant's
securities during the period:
Number of Shares Net
or Principal Consideration
Amount of Debt Received or Paid
Class of Security ($000's omitted) ($000's omitted)
Common Stock:
A. __ Sales _______________ $_______________
B. __ Repurchases _______________ $_______________
Preferred Stock:
C. __ Sales _______________ $_______________
D. __ Repurchases and
redemptions _______________ $_______________
Debt Securities:
E. __ Sales _______________ $_______________
F. __ Repurchases and
redemptions _______________ $_______________
96. Securities of Registrant registered on a National Securities
Exchange or listed on NASDAQ:
CUSIP or Ticker
Title of each class of securities NASDAQ No. Symbol
A. __ __________________________ __________ ______
B. __ __________________________ __________ ______
C. __ __________________________ __________ ______
PAGE NUMBER: 39
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 40, "X" box: __
FINANCIAL INFORMATION
97. A. How many months do the answers to items 97 and 98
cover? --------------------------------- _____ Months
For period covered by this form
($000's omitted)
INCOME
B. Net interest income ---------- $_______________
C. Net dividend income ---------- $_______________
D. Account maintenance fees ----- $_______________
E. Net other income ------------- $_______________
EXPENSES
F. Gross advisory fees ---------- $_______________
G. Gross administrator(s) fees -- $_______________
(Negative answers allowed for 97H through 97S)
H. Salaries and other
compensation ----------------- $_______________
I. Shareholder servicing agent
fees ------------------------- $_______________
J. Custodian fees --------------- $_______________
K. Postage ---------------------- $_______________
L. Printing expenses ------------ $_______________
M. Directors' fees -------------- $_______________
N. Registration fees ------------ $_______________
O. Taxes ------------------------ $_______________
P. Interest --------------------- $_______________
Q. Bookkeeping fees paid to anyone
performing this service ------ $_______________
R. Auditing fees ---------------- $_______________
S. Legal fees ------------------- $_______________
PAGE NUMBER: 40
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 41, "X" box: __
For period covered by this form
($000's omitted)
T. Marketing/distribution payments
including payments pursuant to
a Rule 12b-1 plan --------------- $_______________
U. Amortization of organization
expenses ------------------------ $_______________
V. Shareholder meeting expenses ---- $_______________
W. Other expenses ------------------ $_______________
X. Total expenses ------------------ $_______________
Y. Expense reimbursements ---------- $_______________
Z. Net investment income ----------- $_______________*
AA. Realized capital gains ---------- $_______________
BB. Realized capital losses --------- $_______________
CC. 1. Net unrealized appreciation
during the period ----------- $_______________
2. Net unrealized depreciation
during the period ----------- $_______________
DD. Total income dividends for which
record date passed during the
period -------------------------- $_______________
EE. Total capital gains distributions
for which record date passed
during the period --------------- $_______________
98. Payments per share outstanding during the entire current
period:
A. Dividends from net investment
income -------------------------- $_____________**
NOTE: Show in fractions of a cent if so declared.
B. Distributions of capital gains -- $_____________**
C. Other distributions ------------- $_______________
NOTE: Show in fractions of a cent if so declared.
*Negative answer permitted in this field.
**Items 98A and 98B should be of the form nnn.nnnn (where
n = integer).
PAGE NUMBER: 41
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 42, "X" box: __
As of the end of current reporting
99. Assets, liabilities, period ($000's omitted)
shareholders' equity:
A. Cash --------------------- $_______________
B. Repurchase agreements ---- $_______________
C. Short-term debt securities
other than repurchase
agreements --------------- $_______________
D. Long-term debt securities
including convertible
debt --------------------- $_______________
E. Preferred, convertible
preferred and adjustable
rate preferred stock ----- $_______________
F. Common stock ------------- $_______________
G. Options on equities ------ $_______________
H. Options on all futures --- $_______________
I. Other investments -------- $_______________
J. Receivables from portfolio
instruments sold --------- $_______________
K. Receivables from affiliated
persons ------------------ $_______________
L. Other receivables -------- $_______________
M. All other assets --------- $_______________
N. Total assets ------------- $_______________
PAGE NUMBER: 42
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 43, "X" box: __
As of the end of current reporting
period ($000's omitted except for
per share amounts and number of accounts
O. Payables for portfolio instruments
purchased ------------------------ $_______________
P. Amounts owed to affiliated
persons -------------------------- $_______________
Q. Senior long-term debt ------------ $_______________
R. All other liabilities ------------ $_______________
S. Senior equity -------------------- $_______________
T. Net assets of common
shareholders --------------------- $_______________
U. Number of shares outstanding ----- $_______________
V. Net asset value per share (to
nearest cent) -------------------- $_______________*
W. Mark-to market net asset value
per share for money market funds
only (to 4 decimals) ------------- $______________**
X. Total number of shareholder
accounts ------------------------- $_______________
Y. Total value of assets in segregated
accounts ------------------------- $_______________
100. Monthly average net assets during current
reporting period ($000's omitted) ---- $_______________
101. Market price per share at end of
period ------------------------------- $_______________
*Net asset value per share must be of the form nnn.nn
(where n = integer).
**Value must be of the form nnn.nnn (where n = integer).
PAGE NUMBER: 43
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 44, "X" box: __
102. A. Is the Registrant filing any of the following
attachments with the current filing of Form
N-SAR? -------------------------------------- ___
NOTE: If answer is "Y" (Yes), mark those items below being ___
filed as an attachment to this form or incorporated
by reference.
B. Matters submitted to a vote of security
holders ------------------------------------- ___
C. Policies with respect to security
investments --------------------------------- ___
D. Legal proceedings --------------------------- ___
E. Changes in security for debt ---------------- ___
F. Defaults and arrears on senior securities --- ___
G. Changes in control of Registrant ------------ ___
H. Terms of new or amended securities ---------- ___
I. Revaluation of assets or restatement of
capital share account ----------------------- ___
J. Changes in Registrant's certifying
accountant ---------------------------------- ___
K. Changes in accounting principles and
practices ----------------------------------- ___
L. Mergers ------------------------------------- ___
M. Actions required to be reported pursuant
to Rule 2a-7 -------------------------------- ___
N. Transactions effected pursuant to Rule
10f-3 --------------------------------------- ___
O. Information required to be filed pursuant to
existing exemptive orders ------------------- ___
Attachment Information (Cont'd. on Screen 53)
PAGE NUMBER: 44
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 43, "X" box: __
102. P. 1. Exhibits ----------------------------------- ___
2. Any information called for by instructions to
sub-item 102P2 ----------------------------- ___
3. Any information called for by instructions to
sub-item 102P3 ----------------------------- ___
103. __ Does the Registrant have any wholly-owned investment
company subsidiaries whose operating & financial data
are consolidated with that of Registrant in this
report? (Y/N) ---------------------------------- ___
[If answer is "N" (No), go to item 105.]
104. __ List the "811" numbers and names of Registrant's
wholly-owned investment company subsidiaries
consolidated in this report.
811 Numbers Subsidiary Name
PAGE NUMBER: 45
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 46, "X" box: __
ANNUAL SUPPLEMENT
Page 53 is to be filed only once each year at the end of
Registrant's fiscal year.
105. Fidelity bond(s) in effect at the end of the period:
A. __ Insurer Name:
B. __ Second Insurer:
C. __ Aggregate face amount of coverage for Registrant on
all bonds on which it is named as an insured ($000's
omitted) -------------------------------- $_________
106. A. __ Is the bond part of a joint fidelity bond(s) shared
with other investment companies or other
entities? ------------------------------- ___
B. __ If the answer to 106A is "Y" (Yes), how many
other investment companies are covered by
the bond? ------------------------------- __________
NOTE: Count each series as a separate investment company.
107. A. __ Does the mandatory coverage of the fidelity bond
have a deductible? ---------------------- ___
B. __ If the answer to 107A is "Y" (Yes), what is the
amount of the deductible? ---------------- $_________
108. A. __ Were any claims with respect to this Registrant
filed under the bond during the
period? ---------------------------------- ___
B. __ If the answer to 108A is "Y" (Yes), what was the
total amount of such claim(s)? ----------- $_________
109. A. __ Were any losses incurred with respect to this
Registrant that could have been filed as a claim
under the fidelity bond but were not? ---- ___
B. __ If the answer to sub-item 109A is "Y" (Yes) what
was the total amount of such losses? (000's
omitted) -------------------------------- $__________
110. A. __ Are Registrant's officers and directors covered as
officers and directors of Registrant under any
errors and omissions insurance policy owned by
the Registrant or anyone else? ---------- ___
B. __ Were any claims filed under such policy during the
period with respect to Registrant? ------ ___
PAGE NUMBER: 46
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 47, "X" box: __
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. __ Sponsor Name: ________________________________________
B. __ File Number (If any): __________
C. __ City: _______ State: __ Zip Code:_____ Zip Ext.:______
__ Foreign Country: __________ Foreign Postal Code:______
112. A. __ Sponsor Name: ________________________________________
B. __ File Number (If any): __________
C. __ City: _______ State: __ Zip Code:_____ Zip Ext.:______
__ Foreign Country: __________ Foreign Postal Code:______
PAGE NUMBER: 47
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 48, "X" box: __
113. A. __ Trustee Name:_________________________________________
B. __ City:________ State: __ Zip Code:_____ 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:___________________
B. __ City:________ State: __ Zip Code:_____ 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:______
PAGE NUMBER: 48
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 49, "X" box: __
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 is "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 ---------------------- __________
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) ------------------- $_________
121. __ State the number of series for which a current
prospectus was in existence at the end of the
period ------------------------------------- __________
122. __ State the number of existing series for which
additional units were registered under the
Securities Act of 1933 during the current
period ------------------------------------- __________
PAGE NUMBER: 49
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 50, "X" box: __
123. __ State the total value of the additional units
considered in answering item 122 ($000's
omitted) ------------------------------------ $________
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) ------------------------------------ $________
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) --- $________
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) --------- $10
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):
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 ------------- _____ $5,025 $0
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 of Registrant - ----- $5,025 $0
PAGE NUMBER: 50
<PAGE>
For period ending 12/31/96 If filing more than one
File number 811- 02858 Page 51, "X" box: __
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) -------------------- ___
[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) ------------------------------------------- ___
[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) ------------------------------- ___
131. Total expenses incurred by all series of Registrant
during the current reporting period ($000's omitted)
---------------------------------------------------- $ 24
132. __ List the "811" (Investment Company Act of 1940)
registration number for all Series of Registrant
that are being included in this filing:
811-_____ 811-_____ 811-_____ 811-_____ 811-_____
811-_____ 811-_____ 811-_____ 811-_____ 811-_____
811-_____ 811-_____ 811-_____ 811-_____ 811-_____
811-_____ 811-_____ 811-_____ 811-_____ 811-_____
811-_____ 811-_____ 811-_____ 811-_____ 811-_____
811-_____ 811-_____ 811-_____ 811-_____ 811-_____
811-_____ 811-_____ 811-_____ 811-_____ 811-_____
811-_____ 811-_____ 811-_____ 811-_____ 811-_____
811-_____ 811-_____ 811-_____ 811-_____ 811-_____
This report is signed on behalf of the registrant (or
depositor or trustee).
City of: Richmond State of: Virginia Date: June 11, 1997
Name of Registrant, Depositor, or Trustee:
CRAIGIE INCORPORATED
/s/ John Thomas West, IV /s/ Denise Y. Togger
Name: John Thomas West, IV Witness
Title: President Name: Denise Y. Togger
Title: Vice President
PAGE NUMBER: 51
