PREMIER GNMA FUND
c/o THE DREYFUS CORPORATION
200 PARK AVENUE
NEW YORK, NY 10166
February 24, 1995
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, NW
Washington, DC 20549
Rule 24f-2 Notice - PREMIER GNMA FUND
Registration Statement No. 33-9591 - CIK #0000804171
Gentlemen:
Originally, the Registration Statement of Premier GNMA Fund was declared
effective by the SEC on December 30, 1986. On January 15, 1993, Post-
Effective Amendment No. 10 to the Fund's Registration Statement, offering
Class A and Class B shares of the Fund, was declared effective by the SEC.
This Amendment represented the Fund's election to register an indefinite
number of shares of each Class and this Notice represents each Class's Rule
24f-2 filing for the fiscal year ended December 31, 1994.
The following information is furnished:
CLASS A CLASS B
(a) Total number of shares sold during
fiscal year ended 12/31/94 subject
to registration under Rule 24f-2, 1,204,210 shs 989,792 shs
and the dollar amount thereof: $17,460,505 $14,080,674
(b) Less shares redeemed during
fiscal year ended 12/31/94, 4,564,951 shs 437,182 shs
and the dollar amount thereof: $64,284,402 $ 6,115,464
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(c) Net sales (redemptions) during
fiscal year ended 12/31/94, and (3,360,741) shs 552,610 shs
the dollar amount thereof: ($46,823,897) $ 7,965,210
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CALCULATION OF FEE
CLASS OF SHARES FEE
Class A - Since the shares redeemed exceed the shares sold, no registration
fee is required.
Class B - $7,965,210 (net sales dollar amount) @ 1/29 of 1% = $2,746.62.
Funds in the amount of $2,746.62, representing the TOTAL registration fee
for Class A and Class B shares sold, were wired to CIK #804171. An opinion
of counsel is enclosed.
JJP/ems Very truly yours,
/s/ John J. Pyburn
cc: Mr. J. deMichaelis, SEC
Ms. R. McLaughlin, E&Y John J. Pyburn
Assistant Treasurer
