<PAGE>
FORM N-SAR
SEMI-ANNUAL REPORT
FOR REGISTERED INVESTMENT COMPANIES
Report for six month period ending: / / (a)
or fiscal year ending: 12/31/99 (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: EF Hutton TAX EXEMPT TRUST
B.File Number: 811-2302
C.Telephone Number: 212-816-6046
2.A.Street: 388 Greenwich St. 23rd Fl
B.CityNYC. State NYD. Zip Code:10013Zip Ext:
E.Foreign Country: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.Hos many separate series or portfolios did Registrant have
at the end of the period?_________________
01
<PAGE>
For period ending _12/31/99________If filing more than one
Page 47, "X" box: #
File number 811-2302____________
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:
_______________
47
<PAGE>
For period ending __12/31/99_______If filing more than one
Page 48, "X" box: #
File number 811-2302____________
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:
_______________
48
<PAGE>
For period ending __12/31/99_________If filing more than
one
Page 49, "X" box: #
File number 811-2302____________
116.Family of investment companies information:
A.# Is Registrant part of a family of investment companies?
(Y/N) __________ ____
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) ____________
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)
___________________________________
Y/N
C.# Scheduled premium variable life contracts?
(Y/N)_______________________
Y/N
D.# Flexible premium variable life contracts?
(Y/N)_______________________
Y/N
E.# Other types of insurance products registered under the
Securities Act
of 1933? (Y/N)__________________________________
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._____43___________
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________________
49
<PAGE>
For period ending _12/31/99_______If filing more than one
Page 50, "X" box: #
File number 811-2302____________
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) ($000's omitted)
_____________________________$___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 such group of series during the current period (excluding
distributions of realized gains, if any):
<TABLE>
<S><C><C><C>Number ofTotal AssetsTotal Income
Series($000'sDistributions
Investingomitted)($000's omitted)
A.U.S. Treasury direct issue______________________$______$______
B.U.S. Government agency______________________$______$______
C.State and municipal tax-
free_______________43____$87,062______$6,808______
D.Public utility debt____________________$______$______
E.Brokers or dealers debt or debt of
brokers' or dealers' parent_____________________$______$______
F.All other corporate intermed. & long-term
debt____________________$______$______
G.All other corporate short-term
debt________________$______$______
H.Equity securities of brokers or dealers
or parents of brokers or dealers__________________$______$______
I.Investment company equity securities_____________$______$______
J.All other equity securities_______________$______$______
K.Other securities__________________$______$______
L.Total assets of all series of
registrant_____43______$_87,062_____$_6,808_____
</TABLE>
50
<PAGE>
For period ending __12/31/99______If filing more than one
Page 51, "X" box: #
File number 811-2302____________
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) _________________________________
Y/N
[If answer is "N" (No), go to item 131.]
129.#Is the issuer of any instrument covered in the item 128
delinquent or in default as to payment of principal or interest at
the end of the current period?
(Y/N)______________________________
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)____________________________
Y/N
131.#Total expenses incurred by all series of Registrant during
the current reporting period ($000's omitted) _____
$_225____________________
132.#List the "811" (Investment Company Act of 1940)
registration number for all Series of Registrant that are being
included in this filing:
811-2302_____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-_____
51
