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OMB APPROVAL
UNITED STATES ------------------------
SECURITIES AND EXCHANGE COMMISSION OMB Number: 3235-0456
Washington, D.C. 20549 Expires: August 31, 2000
Estimated average burden
hours per response.....1
FORM 24F-2 ------------------------
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read Instructions at end of Form before preparing Form. Please print or
type.
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1. Name and address of issuer:
CitiFunds Tax Free Reserves
21 Milk Street, 5th Floor,
Boston, MA 02109
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2. The name of each series or class of securities for which this Form is
filed (If the Form is being filed for all series and classes of
securities of the issuer, check the box but do not list series or
classes): [ ]
CitiFunds Tax Free Reserves
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3. Investment Company Act File Number: 811-3893
Securities Act File Number: 2-87509
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4(a). Last day of fiscal year for which this Form is filed: August 31, 1999
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4(b). [ ] Check box if this Form is being filed late (i.e., more than 90
calendar days after the end of the issuer's fiscal year). (See
Instruction A.2)
N/A
Note: If the Form is being filed late, interest must be paid on the
registration fee due.
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4(c). [ ] Check box if this is the last time the issuer will be filing this
Form.
N/A
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<PAGE>
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5. Calculation of registration fee:
(i.) Aggregate sale price of
securities sold during the fiscal
year pursuant to section 24(f): $773,272,453
(ii.) Aggregate price of securities
redeemed or repurchased during
the fiscal year: $798,174,036
(iii.)Aggregate price of securities
redeemed or repurchased during any
prior fiscal year ending no earlier
than October 11, 1995 that were not
previously used to reduce
registration fees payable to the
Commission: $-----
(iv.) Total available redemption credits
[add items 5(ii) and 5(iii)]: -$798,174,036
(v.) Net Sales - if item 5(i) is greater
than Item 5(iv) [subtract item 5(iv)
from item 5(i)]: $0
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(vi.) Redemption credits available for $24,901,583
use in future years
- If item 5(i) is less than item
5(iv) [subtract Item 5(iv) from
Item 5(i)]:
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(vii.) Multiplier for determining registration
fee (See Instruction C.9): X0.000278
(viii.)Registration fee due [multiply Item
5(v) by Item 5(vii)] (enter "0" if
no fee is due): =$0
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6. Prepaid Shares
If the response to item 5(i) was determined by deducting an amount of
securities that were registered under the Securities Act of 1933 pursuant
to rule 24e-2 as in effect before October 11, 1997, then report the
amount of securities (number of shares or other units) deducted here:
0. If there is a number of shares or other units that were
registered pursuant to rule 24e-2 remaining unsold at the end of the
fiscal year for which this form is filed that are available for use by
the issuer in future fiscal years, then state that number here: 0.
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7. Interest due - if this Form is being filed more than 90 days after the
end of the issuer's fiscal year (see instruction D):
+$0
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8. Total of the amount of the registration fee due plus any interest due
[line 5(viii) plus line 7]:
=$0
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9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository
Method of Delivery:
[ ] Wire Transfer N/A
[ ] Mail or other means
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<PAGE>
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 (Signature and Title) /s/ John R. Elder
John R. Elder, Treasurer
Date 11/24/99
Please print the name and title of the signing officer below the
signature.
