U.S. Securities and Exchange Commission, Washington, D.C. 20549
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.
1. Name and address of issuer:
SUNAMERICA INCOME FUNDS
The SunAmerica Center
733 Third Avenue
New York, NY 10017-3204
2. Name of each series or class of funds for which this notice is
filed:
SunAmerica Federal Securities Fund
SunAmerica Diversified Income Fund
SunAmerica High Income Fund
SunAmerica Tax Exempt Insured Fund
SunAmerica U.S. Government Securities Fund
3. Investment Company Act File Number:
811-4708
Securities Act File Number:
33-6502
4. Last day of fiscal year for which this notice is filed:
3/31/96
5. Check this box if this notice is being filed more than 120 days
after the close of the issuer's fiscal year but before termination
of issuer's 24f-2 declaration: [ ]
6. Date of termination of issuer's declaration under rule 24f-2(a)(1), if
applicable (see Instruction A.6):
7. The number or amount of securities of the same class or series,
if any, which had been registered under the Securities Act of 1933,
other than pursuant to Rule 24f-2 but which remained
unsold at the beginning of the Registrant's fiscal year:
-0-
8. The number or amount of securities registered during the fiscal
period other than pursuant to Rule 24f-2:
Number: 39,838,592
9. The number and aggregate sale price of securities sold during
the fiscal year:
Number: 56,298,934
Sale Price: $440,300,352
10. The number and aggregate sale price of securities sold during
this fiscal year in reliance upon registration pursuant to Rule
24f-2:
Number: 56,298,934
Sale Price: $440,300,352
11. The number and aggregate sale price of securities sold during
this fiscal year in connection with dividend reinvestment plans, if
applicable (see Instruction B.7):
Number: 5,889,775
Sale Price: $43,275,284
12. Calculation of registration fee:
(i) Actual aggregate sale price of
securities sold during the fiscal
year in reliance on rule 24f-2
(from item 10): $440,300,352
(ii) Aggregate price of shares issued in
connection with dividend reinvestment
plans (from Item 11, if applicable): $43,275,284
(iii)Aggregate price of shares redeemed or
repurchased during the fiscal year
(if applicable): $734,260,845
(iv) Aggregate price of shares redeemed or
repurchased and previously applied as a
reduction to filing fees pursuant to rule
24e-2 (if applicable): ($39,838,592)
(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): $(550,669,807)
(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%
(vii)Fee due [line (i) or line (v) multiplied
by line (vi)]: $0
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.
Check box if fees are being remitted to the Commission's lockbox
depository as described in section 3a of the Commission's Rule of
Informal and Other Procedures (17CFR 202.3a). [ ]
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository:
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/Robert M. Zakem
Robert M. Zakem, Secretary
Date 5/28/96
* Please print the name and title of the signing officer below the
signature.
<PAGE>
SUNAMERICA ASSET MANAGEMENT CORP.
THE SUNAMERICA CENTER
733 THIRD AVENUE
NEW YORK, NEW YORK 10017-3204
May 28, 1996
SunAmerica Income Funds
The SunAmerica Center
733 Third Avenue
New York, NY 10017-3204
Ladies and Gentlemen:
You have requested my opinion for use in conjunction with a
Rule 24f-2 Notice for SunAmerica Income Funds (the "Fund") to be
filed in respect of shares of the Fund ("Shares") sold for the
fiscal year ended March 31, 1996, pursuant to the Fund's
Registration Statement filed with the Securities and Exchange
Commission (the "SEC") under the Securities Act of 1933 (File No.
33-6502)("Registration Statement").
In its Registration Statement, the Fund elected to register an
indefinite number of Shares pursuant to the provisions of SEC Rule
24f-2.
I have reviewed the amended Registration Statement of the Fund
and such other documents and records deemed relevant. On the basis
of the foregoing, it is my opinion that the Shares sold for the
fiscal year ended March 31, 1996, the registration of which the
Rule 24f-2 Notice makes definite in number, were legally issued,
fully paid and non-assessable.
I consent to your filing this opinion as an Exhibit to the
Rule 24f-2 Notice referred to above, the Registration Statement of
the Fund and to any application or registration statement filed
under the Securities Laws of any of the States of the United
States.
Very truly yours,
/s/Robert M. Zakem
Robert M. Zakem
Senior Vice President and
General Counsel
