AUTOMATED GOVERNMENT MONEY TRUST
485B24E, 1995-09-15
Previous: MCNEIL REAL ESTATE FUND XIV LTD, SC 14D1/A, 1995-09-15
Next: AUTOMATED GOVERNMENT MONEY TRUST, 24F-2NT, 1995-09-15



IN-PROCESS               AGMT           RD             FINAL   Y
N

                                        1933 Act File No.2-
77822
                                        1940 Act File No.811-
3475

              SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C. 20549

                           Form N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

  Pre-Effective Amendment No.

  Post-Effective Amendment No.  23                        X

                            and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF
1940

  Amendment No.

               AUTOMATED GOVERNMENT MONEY TRUST
      (Exact Name of Registrant as Specified in Charter)

                   Federated Investors Tower
              Pittsburgh, Pennsylvania 15222-3779
           (Address of Principal Executive Offices)

                        (412) 288-1900
                (Registrant's Telephone Number)
    John W. McGonigle, Esquire, Federated Investors Tower,
              Pittsburgh, Pennsylvania 15222-3779
            (Name and Address of Agent for Service)

It is proposed that this filing will become effective:

 X immediately upon filing pursuant to paragraph (b)
   on _________________ pursuant to paragraph (b)
   60 days after filing pursuant to paragraph (a)
   on                 pursuant to paragraph (a) of Rule 485.

Registrant has filed with the Securities and Exchange
Commission a declaration pursuant to Rule 24f-2 under the
Investment Company Act of 1940, and:

 X filed the Notice required by that Rule on September 15,
1995; or
   intends to file the Notice required by that Rule on or
   about
   ___________; or
   during the most recent fiscal year did not sell any
   securities pursuant to Rule 24f-2 under the Investment
   Company Act of 1940, and, pursuant to Rule 24f-2(b)(2),
   need not file the Notice.

                          Copies to:

  Charles H. Morin, Esquire
  Dickstein, Shapiro & Morin, L.L.P.
  2101 L Street, N.W.
  Washington, D.C.  20037



CALCULATION OF REGISTRATION FEE UNDER THE SECURITIES ACT OF
   1933


                                         Proposed
Title of                      Proposed   Maximum
Securities      Amount        Maximum    Aggregate     Amount
of
Being           Being       Offering Price   Offering
Registration
Registered     Registered     Per Unit    Price*     Fee
Shares of
beneficial        829,389,775          $1.00    $829,389,775
   $100.00
interest
(No Par Value)




*Registrant has elected to calculate its filing fee in the
manner described in Rule 24e-2 of the Investment Company Act
of 1940.  The total amount of securities redeemed during the
previous fiscal year was 15,259,334,772.  The total amount of
redeemed securities used for reductions pursuant to paragraph
(a) of Rule 24e-2 or paragraph (c) of Rule 24f-2 during the
current year was 14,429,944,997.  The amount of redeemed
securities being used for reduction of the registration fee in
this Amendment is 829,389,775.
                               
                               
                     CONTENTS OF AMENDMENT

  This Post-Effective Amendment No. 23 to the Registration
Statement of Automated Government Money Trust is comprised of
the following papers and documents:

     1.   The facing sheet to register a definite
       number of shares of beneficial interest,
       no par value, of AUTOMATED GOVERNMENT MONEY TRUST;

     2.   The legal opinion of counsel for the Registrant, as
       to the legality of shares being offered; and as to
       the eligibility to become effective pursuant to
       Paragraph (b) of Rule 485; and

     3.   Signature page.
                               
                          SIGNATURES

  Pursuant to the requirements of the Securities Act of 1933
and the Investment Company Act of 1940, the Registrant,
Automated Government Money Trust, certifies that it meets all
of the requirements for effectiveness of this Amendment to its
Registration Statement pursuant to Rule 485(b) under the
Securities Act of 1933 and has duly caused this Amendment to
its Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of
Pittsburgh and Commonwealth of Pennsylvania on the 15th day of
September, 1995.

               AUTOMATED GOVERNMENT MONEY TRUST

          BY:  /s/ Robert C. Rosselot
             Robert C. Rosselot, Assistant Secretary
             Attorney in Fact for John F. Donahue
             September 15, 1995


  Pursuant to the requirements of the Securities Act of 1933,
this Amendment to its Registration Statement has been signed
below by the following person in the capacity and on the date
indicated:

   NAME                     TITLE              DATE

By:  /s/ Robert C. Rosselot
   Robert C. Rosselot      Attorney In Fact    September 15,
1995
   Assistant Secretary     For the Persons
                           Listed Below

   NAME                     TITLE

John F. Donahue*           Chairman and Trustee
                           (Chief Executive Officer)

Glen R. Johnson*           President

Edward C. Gonzales*        Vice President and Treasurer
                           (Principal Financial and
                           Accounting Officer)

Edward L. Flaherty, Jr.*   Trustee

Gregor F. Meyer*           Trustee

Marjorie P. Smuts*         Trustee

William J. Copeland*       Trustee

James E. Dowd*             Trustee

Lawrence D. Ellis, M.D.*   Trustee

Wesley W. Posvar*          Trustee

Peter E. Madden*           Trustee

John T. Conroy, Jr.*       Trustee

* By Power of Attorney




   Federated Administrative
             Services

                                          FEDERATED INVESTORS TOWER
                                          PITTSBURGH, PA 15222-3779
                                          412-288-1900
                                          September 15, 1995



Automated Government Money Trust
Federated Investors Tower
Pittsburgh, Pennsylvania  15222-3779

Gentlemen:

     You have requested my opinion in connection with the
registration by Automated Government Money Trust (the "Trust") of
829,389,775 Shares of Beneficial Interest (the "Shares") pursuant
to Post-effective Amendment No. 23 to the Trust's registration
statement filed with the Securities and Exchange Commission under
the Securities Act of 1933 (File No. 2-77822).  The subject Post-
Effective Amendment will be filed pursuant to Paragraph (b) of
Rule 485 of the Securities Act of 1933, and will become effective
pursuant to said Rule immediately upon filing.

     As counsel, I have participated in the preparation and
filing of the Trust's amended registration statement under the
Securities Act of 1933 referred to above. Further, I have
examined and am familiar with the provisions of the Declaration
of Trust dated June 1, 1982 ( the "Declaration of Trust"), the
Bylaws of the Trust, and such other documents and records deemed
relevant.  I have also reviewed questions of law and consulted
with counsel thereon as deemed necessary or appropriate by me for
the purposes of this opinion.

     On the basis of the foregoing, it is my opinion that:

     1.   The Trust is duly organized and validly existing under
the laws of the Commonwealth of Massachusetts.

     2.   The Shares which are currently being registered by the
registration statement referred to above may be legally and
validly issued from time to time in accordance with the
Declaration of Trust upon receipt of consideration sufficient to
comply with the Declaration of Trust and subject to compliance
with the Securities Act of 1933, as amended, the Investment
Company Act of 1940, as amended, and applicable state laws
regulating the sale of securities.  Such Shares, when so issued,
will be fully paid and non-assessable by the Trust.

     I hereby consent to the filing of this opinion as a part of
the Trust's registration statement referred to above and as a
part of any application or registration statement filed under the
securities laws of the States of the United States.

     The foregoing opinion is limited to the federal laws of the
United States and the laws of the Commonwealth of Massachusetts,
and I am expressing no  opinion as to the effect of the laws of
any other jurisdiction.

                                   Very truly yours,

                                   /s/Robert C. Rosselot
                                   Robert C. Rosselot
                                   Fund Attorney


<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   1                                              
     <NAME>                     Automated Government Money Trust               
                                                                               
                                                                               
<PERIOD-TYPE>                   12-mos                                         
<FISCAL-YEAR-END>               Jul-31-1995                                    
<PERIOD-END>                    Jul-31-1995                                    
<INVESTMENTS-AT-COST>           2,453,206,950                                  
<INVESTMENTS-AT-VALUE>          2,453,206,950                                  
<RECEIVABLES>                   4,308,664                                      
<ASSETS-OTHER>                  315,526                                        
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  2,457,831,140                                  
<PAYABLE-FOR-SECURITIES>        0                                              
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       8,958,490                                      
<TOTAL-LIABILITIES>             8,958,490                                      
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        2,448,872,650                                  
<SHARES-COMMON-STOCK>           2,448,872,650                                  
<SHARES-COMMON-PRIOR>           2,640,383,867                                  
<ACCUMULATED-NII-CURRENT>       0                                              
<OVERDISTRIBUTION-NII>          0                                              
<ACCUMULATED-NET-GAINS>         0                                              
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        0                                              
<NET-ASSETS>                    2,448,872,650                                  
<DIVIDEND-INCOME>               0                                              
<INTEREST-INCOME>               140,975,005                                    
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  14,523,773                                     
<NET-INVESTMENT-INCOME>         126,451,232                                    
<REALIZED-GAINS-CURRENT>        0                                              
<APPREC-INCREASE-CURRENT>       0                                              
<NET-CHANGE-FROM-OPS>           126,451,232                                    
<EQUALIZATION>                  0                                              
<DISTRIBUTIONS-OF-INCOME>       126,451,232                                    
<DISTRIBUTIONS-OF-GAINS>        0                                              
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         15,028,371,070                                 
<NUMBER-OF-SHARES-REDEEMED>     15,259,334,772                                 
<SHARES-REINVESTED>             39,452,485                                     
<NET-CHANGE-IN-ASSETS>          (191,511,217)                                  
<ACCUMULATED-NII-PRIOR>         0                                              
<ACCUMULATED-GAINS-PRIOR>       0                                              
<OVERDISTRIB-NII-PRIOR>         0                                              
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           12,724,212                                     
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 21,798,178                                     
<AVERAGE-NET-ASSETS>            2,544,842,349                                  
<PER-SHARE-NAV-BEGIN>           1.000                                          
<PER-SHARE-NII>                 0.050                                          
<PER-SHARE-GAIN-APPREC>         0.000                                          
<PER-SHARE-DIVIDEND>            0.050                                          
<PER-SHARE-DISTRIBUTIONS>       0.000                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             1.000                                          
<EXPENSE-RATIO>                 57                                             
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission