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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: Advantus Spectrum Fund, Inc.
400 Robert Street North
St. Paul, Minnesota 55101-2098
2. Name of each series or class of funds for which this notice is filed:
Common Stock - Class A, B and C
3. Investment Company Act File Number: 811-4143
Securities Act File Number: 2-94175
4. Last day of fiscal year for which this notice is filed: September 30, 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: not applicable / /
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Instruction A.6): not 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: not applicable
8. Number and amount of securities registered during the fiscal year other than
pursuant to rule 24f-2: none
9. Number and aggregate sale price of securities sold during the fiscal year:
886,488.9658 shares, $12,059,273.55
10. Number and aggregate sale price of securities sold during the fiscal year in
reliance upon registration pursuant to rule 24f-2: 886,488.9658 shares,
$12,059,273.55
11. Number and aggregate sale price of securities issued during the fiscal year
in connection with dividend reinvestment plans, if applicable (see
Instruction B.7): not applicable
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12. Calculation of registration fee:
(i) Aggregate sale price of securities sold during the fiscal year in
reliance on rule 24f-2 (from Item 10):
$12,059,273.55
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(ii) Aggregate price of shares issued in connection with dividend
reinvestment plans (from Item 11, if applicable):
+ -0-
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(iii) Aggregate price of shares redeemed or repurchased during the fiscal
year (if applicable):
-14,819,910.32
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(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-
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(v) Net aggregate price of securities sold and issued during the fiscal
year in reliance on rule 24f-2 [line (i), plus line (ii), less line
(iii), plus line (iv)] (if applicable):
(2,760,636.77)
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(vi) Multiplier prescribed by Section 6(b) of the Securities Act of 1933 or
other applicable law or regulation (see Instruction C.6):
x 1/29 of 1%
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(vii) Fee due [line (i) or line (v) multiplied by line (vi)]:
-0-
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Instruction: Issuers should complete lines (ii), (iii), (iv), and (v) only if
the form is being filed within 60 days after the close of the
issuer's fiscal year. See Instruction C.3.
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)./ /
Date of mailing or wire transfer of filing fees to the Commission's lockbox
depository: not applicable
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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/ Paul H. Gooding
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Paul H. Gooding
President
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Date: November 28, 1995
* Please print the name and title of the signing officer below the signature.
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[Dorsey & Whitney Letterhead]
November 22, 1995
Advantus Spectrum Fund, Inc.
400 Robert Street North
St. Paul, Minnesota 55101
Dear Sirs:
We have acted as independent general counsel to Advantus Spectrum
Fund, Inc., a Minnesota corporation (the "Fund"), in connection with the Fund's
Registration Statement (File No. 2-94175). This opinion is addressed to you in
connection with a filing by the Fund of a notice (the "Notice") pursuant to Rule
24f-2 under the Investment Company Act of 1940. In that connection, we have
examined such documents and have reviewed such questions of law as we have
considered necessary and appropriate for the purposes of this opinion, and,
based thereon, we advise you that, in our opinion:
1. The Fund has been duly incorporated pursuant to Chapter 302A of
the Minnesota Statutes and is validly existing as a corporation in good standing
under Minnesota law; and
2. The 886,488.9658 common shares, $.01 par value, of the Fund sold
by the Fund in reliance upon registration pursuant to Rule 24f-2 during the
fiscal year ended September 30, 1995, as set forth in the Notice, were legally
issued, have been fully paid and are nonassessable, if issued and sold upon the
terms and in the manner set forth in the Registration Statement of the Fund
referred to above.
Very truly yours,
/s/ Dorsey & Whitney P.L.L.P.
DORSEY & WHITNEY
