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:
Merrill Lynch Series Fund, Inc.
P.O. Box 9011
Princeton, N.J. 08543-9011
2. Name of each series or class of funds for which this notice
is filed:
Money Reserve Portfolio
Intermediate Government Bond Portfolio
Long Term Corporate Bond Portfolio
High Yield Portfolio
Capital Stock Portfolio
Growth Stock Portfolio
Multiple Strategy Portfolio
Natural Resources Portfolio
Global Strategy Portfolio
Balanced Portfolio
3. Investment Company Act File Number:
Securities Act File Number: 2-69062
4. Last day of fiscal year for which this notice is filed:
December 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 :
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:
Money Reserve Portfolio 136,010,125 shares
Intermediate Government Bond Portfolio 2,809,728 shares
Long Term Corporate Bond Portfolio 2,695,589 shares
High Yield Portfolio 0 shares
Capital Stock Portfolio 0 shares
Growth Stock Portfolio 0 shares
Multiple Strategy Portfolio 83,494,197 shares
Natural Resources Portfolio 0 shares
Global Strategy Portfolio 0 shares
Balanced Portfolio 0 shares
8. Number and amount of securities registered during the fiscal
year other than pursuant to rule 24f-2:
Money Reserve Portfolio 0 shares
Intermediate Government Bond Portfolio 0 shares
Long Term Corporate Bond Portfolio 0 shares
High Yield Portfolio 3,671,842 shares
Capital Stock Portfolio 1,725,056 shares
Growth Stock Portfolio 1,801,620 shares
Multiple Strategy Portfolio 0 shares
Natural Resources Portfolio 255,727 shares
Global Strategy Portfolio 0 shares
Balanced Portfolio 626,525 shares
9. Number and aggregate sale price of securities sold during
the fiscal year:
Money Reserve Portfolio 211,919,729 shares $ 211,919,729
Intermediate Government Bond Portfolio 1,820,237 shares $ 19,784,758
Long Term Corporate Bond Portfolio 1,179,723 shares $ 13,430,499
High Yield Portfolio 8,479,805 shares $ 75,386,693
Capital Stock Portfolio 2,407,839 shares $ 51,660,671
Growth Stock Portfolio 5,020,010 shares $ 105,384,779
Multiple Strategy Portfolio 979,588 shares $ 15,902,035
Natural Resources Portfolio 3,592,635 shares $ 27,917,420
Global Strategy Portfolio 1,806,490 shares $ 26,674,612
Balanced Portfolio 1,291,948 shares $ 18,030,554
Total 238,498,004 shares $ 566,091,750
10. Number and aggregate sale price of securities sold during
the fiscal year in reliance upon registration pursuant to
rule 24f-2:
Money Reserve Portfolio 75,909,604 shares $75,909,604
Intermediate Government Bond Portfolio 0 shares $0
Long Term Corporate Bond Portfolio 0 shares $0
High Yield Portfolio 4,807,963 shares $43,800,543
Capital Stock Portfolio 682,783 shares $16,304,858
Growth Stock Portfolio 3,218,390 shares $78,850,555
Multiple Strategy Portfolio 0 shares $0
Natural Resources Portfolio 3,336,908 shares $27,696,336
Global Strategy Portfolio 1,806,490 shares $26,674,612
Balanced Portfolio 665,423 shares $ 9,888,186
Total 90,427,561 shares $279,124,694
11. Number and aggregate sale price of securities issued during
the fiscal year in connection with dividend reinvestment
plans, if applicable :
Money Reserve Portfolio 32,032,115 shares $ 32,032,115
Intermediate Government Bond Portfolio 1,510,971 shares $ 16,342,302
Long Term Corporate Bond Portfolio 759,176 shares $ 8,570,923
High Yield Portfolio 1,107,700 shares $ 9,775,052
Capital Stock Portfolio 337,836 shares $ 6,916,386
Growth Stock Portfolio 426,119 shares $ 7,590,489
Multiple Strategy Portfolio 7,012,948 shares $105,818,311
Natural Resources Portfolio 61,559 shares $ 474,128
Global Strategy Portfolio 776,360 shares $ 11,076,199
Balanced Portfolio 494,385 shares $ 6,367,607
Total 44,519,169 shares $204,963,512
12. Calculation of registration fee:
A) Money Reserve Portfolio
(i) Aggregate sale price of securities
sold during the fiscal year in
reliance on rule 24f-2
(from Item 10): $ 75,909,604
(ii) Aggregate price of shares issued
in connection with dividend
reinvestment plans (from Item
11, if applicable): + $ 32,032,115
(iii)Aggregate price of shares redeemed
or repurchased during the fiscal
year (if applicable): - $260,422,324
(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 upon
rule 24f-2 [line (i), plus line (ii), $ 0
less line (iii), plus line (iv)]
(if applicable):
(vi) Multiplier prescribed by Section
6(b) of the Securities Act of
1933 or other applicable law or
regulation : x 1/2900
(vii)Fee due [line (i) or line (v)
multiplied by line (vi)]: $ 0
B) Intermediate Government Bond Portfolio
(i) Aggregate sale price of securities
sold during the fiscal year in
reliance on rule 24f-2
(from Item 10): $ 0
(ii) Aggregate price of shares issued
in connection with dividend
reinvestment plans (from Item
11, if applicable): + $ 16,342,302
(iii)Aggregate price of shares redeemed
or repurchased during the fiscal
year (if applicable): - $38,243,753
(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 upon
rule 24f-2 [line (i), plus line (ii), $ 0
less line (iii), plus line (iv)]
(if applicable):
(vi) Multiplier prescribed by Section
6(b) of the Securities Act of
1933 or other applicable law or
regulation : x 1/2900
(vii)Fee due [line (i) or line (v)
multiplied by line (vi)]: $ 0
C) Long Term Corporate Bond Portfolio
(i) Aggregate sale price of securities
sold during the fiscal year in
reliance on rule 24f-2
(from Item 10): $ 0
(ii) Aggregate price of shares issued
in connection with dividend
reinvestment plans (from Item
11, if applicable): + $ 8,570,923
(iii)Aggregate price of shares redeemed
or repurchased during the fiscal
year (if applicable): - $22,274,213
(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 upon
rule 24f-2 [line (i), plus line (ii), $ 0
less line (iii), plus line (iv)]
(if applicable):
(vi) Multiplier prescribed by Section
6(b) of the Securities Act of
1933 or other applicable law or
regulation : x 1/2900
(vii)Fee due [line (i) or line (v)
multiplied by line (vi)]: $ 0
D) High Yield Portfolio
(i) Aggregate sale price of securities
sold during the fiscal year in
reliance on rule 24f-2
(from Item 10): $ 43,800,543
(ii) Aggregate price of shares issued
in connection with dividend
reinvestment plans (from Item
11, if applicable): + $ 9,775,052
(iii)Aggregate price of shares redeemed
or repurchased during the fiscal
year (if applicable): - $65,316,284
(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 upon
rule 24f-2 [line (i), plus line (ii), $ 0
less line (iii), plus line (iv)]
(if applicable):
(vi) Multiplier prescribed by Section
6(b) of the Securities Act of
1933 or other applicable law or
regulation : x 1/2900
(vii)Fee due [line (i) or line (v)
multiplied by line (vi)]: $ 0
E) Growth Stock Portfolio
(i) Aggregate sale price of securities
sold during the fiscal year in
reliance on rule 24f-2
(from Item 10): $ 78,850,555
(ii) Aggregate price of shares issued
in connection with dividend
reinvestment plans (from Item
11, if applicable): + $ 7,590,489
(iii)Aggregate price of shares redeemed
or repurchased during the fiscal
year (if applicable): - $64,028,469
(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 upon
rule 24f-2 [line (i), plus line (ii), $ 22,412,575
less line (iii), plus line (iv)]
(if applicable):
(vi) Multiplier prescribed by Section
6(b) of the Securities Act of
1933 or other applicable law or
regulation : x 1/2900
(vii)Fee due [line (i) or line (v)
multiplied by line (vi)]: $ 7,728.47
F) Multiple Strategy Portfolio
(i) Aggregate sale price of securities
sold during the fiscal year in
reliance on rule 24f-2
(from Item 10): $ 0
(ii) Aggregate price of shares issued
in connection with dividend
reinvestment plans (from Item
11, if applicable): + $ 105,818,311
(iii)Aggregate price of shares redeemed
or repurchased during the fiscal
year (if applicable): - $110,284,559
(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 upon
rule 24f-2 [line (i), plus line (ii), $ 0
less line (iii), plus line (iv)]
(if applicable):
(vi) Multiplier prescribed by Section
6(b) of the Securities Act of
1933 or other applicable law or
regulation : x 1/2900
(vii)Fee due [line (i) or line (v)
multiplied by line (vi)]: $ 0
G) Natural Resources Portfolio
(i) Aggregate sale price of securities
sold during the fiscal year in
reliance on rule 24f-2
(from Item 10): $ 27,696,336
(ii) Aggregate price of shares issued
in connection with dividend
reinvestment plans (from Item
11, if applicable): + $ 474,128
(iii)Aggregate price of shares redeemed
or repurchased during the fiscal
year (if applicable): - $31,139,897
(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 upon
rule 24f-2 [line (i), plus line (ii), $ 0
less line (iii), plus line (iv)]
(if applicable):
(vi) Multiplier prescribed by Section
6(b) of the Securities Act of
1933 or other applicable law or
regulation : x 1/2900
(vii)Fee due [line (i) or line (v)
multiplied by line (vi)]: $ 0
H) Global Strategy Portfolio
(i) Aggregate sale price of securities
sold during the fiscal year in
reliance on rule 24f-2
(from Item 10): $ 26,674,612
(ii) Aggregate price of shares issued
in connection with dividend
reinvestment plans (from Item
11, if applicable): + $ 11,076,199
(iii)Aggregate price of shares redeemed
or repurchased during the fiscal
year (if applicable): - $58,105,801
(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 upon
rule 24f-2 [line (i), plus line (ii), $ 0
less line (iii), plus line (iv)]
(if applicable):
(vi) Multiplier prescribed by Section
6(b) of the Securities Act of
1933 or other applicable law or
regulation : x 1/2900
(vii)Fee due [line (i) or line (v)
multiplied by line (vi)]: $ 0
I) Balanced Portfolio
(i) Aggregate sale price of securities
sold during the fiscal year in
reliance on rule 24f-2
(from Item 10): $ 9,888,186
(ii) Aggregate price of shares issued
in connection with dividend
reinvestment plans (from Item
11, if applicable): + $ 6,367,607
(iii)Aggregate price of shares redeemed
or repurchased during the fiscal
year (if applicable): - $13,401,316
(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 upon
rule 24f-2 [line (i), plus line (ii), $ 2,854,477
less line (iii), plus line (iv)]
(if applicable):
(vi) Multiplier prescribed by Section
6(b) of the Securities Act of
1933 or other applicable law or
regulation : x 1/2900
(vii)Fee due [line (i) or line (v)
multiplied by line (vi)]: $ 984.30
J) Capital Stock Portfolio
(i) Aggregate sale price of securities
sold during the fiscal year in
reliance on rule 24f-2
(from Item 10): $ 16,304,858
(ii) Aggregate price of shares issued
in connection with dividend
reinvestment plans (from Item
11, if applicable): + $ 6,916,386
(iii)Aggregate price of shares redeemed
or repurchased during the fiscal
year (if applicable): - $37,008,466
(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 upon
rule 24f-2 [line (i), plus line (ii), $ 0
less line (iii), plus line (iv)]
(if applicable):
(vi) Multiplier prescribed by Section
6(b) of the Securities Act of
1933 or other applicable law or
regulation : x 1/2900
(vii)Fee due [line (i) or line (v)
multiplied by line (vi)]: $ 0
13. Check box if fees are being remitted to the Commission's
lockbox depository as described in section 3a of the
Commission's Rules of Informal and Other Procedures
(17 CFR 202.3a).
[X]
Date of mailing or wire transfer of filing fees to the
Commission's lockbox depository:
February 27, 1996
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/Jaclyn Scheck
Jaclyn Scheck, Assistant Secretary
Date February 27, 1996
February 20, 1996
Merrill Lynch Series Fund, Inc.
800 Scudders Mill Road
Plainsboro, New Jersey 08536
Gentlemen:
We have acted as counsel
to Merrill Lynch Series Fund, Inc.
(the "Fund") in connection with the
sale of shares of its ten classes of
common stock (the "Common Stock")
pursuant to the Distribution Agreement
between the Fund and Merrill Lynch
Funds Distributor, Inc. (the "Distribution
Agreement"). You have asked us to
furnish certain legal opinions in connection
with the filing of a notice (the "Notice")
under Rule 24f-2 of the Investment
Company Act of 1940, as amended
(the "Act").
For purposes of the opinions
expressed in this letter, we have examined
the Articles of Incorporation, as amended
through the date hereof, the Distribution
Agreement and such other documents and
questions of law as we have deemed
necessary or advisable. As to relevant matters
of fact, we have relied upon such
representations, certificates and other
documents as we deemed appropriate.
Based on the foregoing, we are of
the opinion that when (a) the 75,909,604
shares of the Fund's Money Reserve
Portfolio referred to in paragraph 10 of the
Notice; (b) the 4,807,963 shares of the
Fund's High Yield Portfolio Common Stock
referred to in paragraph 10 of the Notice;
(c) the 682,783 shares of the Fund's Capital
Stock Portfolio Common Stock referred to in
paragraph 10 of the Notice; (d) the
3,218,390 shares of the Fund's Growth
Stock Portfolio Common Stock referred to
in paragraph 10 of the Notice;
(e) the 3,336,908 shares of the Fund's
Natural Resources Portfolio Common Stock
referred to in paragraph 10 of the Notice;
(f) the 1,806,490 shares of the Fund's Global
Strategy Portfolio Common Stock referred to
in paragraph 10 of the Notice; and (g) the
665,423 shares of the Fund's Balanced Portfolio
Common Stock referred to in paragraph 10 of
the Notice were sold during the fiscal year
ended December 31, 1995 pursuant to the
Distribution Agreement in reliance upon
registration pursuant to Rule 24f-2 of the Act
and in accordance with the currently effective
prospectus of the Fund, the shares referred
to in clauses (a), (b), (c), (d), (e), (f) and
(g) were legally issued, fully paid and non-
assessable.
Very truly yours,
cc: Michael J. Hennewinkel
