NORWEST ADVANTAGE FUNDS /ME/
24F-2NT, 1998-08-27
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<TABLE>
                    <S>                                                                             <C>  

                                UNITED STATES
                                                                                          ------------------------------
                      SECURITIES AND EXCHANGE COMMISSION                                  OMB APPROVAL
                                                                                          ------------------------------
                             Washington, D.C. 20549                                       OMB Number 3235-0456
                                                                                          
                                   FORM 24F-2                                             Expires:  August 31, 2000

                        ANNUAL NOTICE OF SECURITIES SOLD                                  Estimated average burden
                                                                                          
                             PURSUANT TO RULE 24F-2                                       hours per response........1

                     READ INSTRUCTIONS AT END OF FORM BEFORE                              -------------------------------
                                PREPARING FORM.
</TABLE>

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1.   Name and address of issuer:
                                     Norwest Advantage Funds
                                     Two Portland Square
                                     Portland, Maine 04101


- --------------------------------------------------------------------------------
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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): [X]








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3.   Investment Company Act File Number:    811-4881

      Securities Act File Number:                         33-9645



- --------------------------------------------------------------------------------
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4(a). Last day of fiscal year for which this Form is filed:

                                     May 31, 1998


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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)

NOTE: IF THE FORM IS BEING FILED LATE, INTEREST MUST BE PAID ON THE REGISTRATION
FEE DUE.



- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
4(c).  [ ] Check box if this is the last  time the  issuer  will be filing  this
Form.


<PAGE>

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5. Calculation of registration fee:
<TABLE>
     <S>       <C>                                                    <C>                      <C>     

     (i)     Aggregate sale price of securities sold during the
                                                                                               ----------------------
              fiscal year pursuant to section 24(f):                                                $ 36,846,683,359.54
                                                                                               ----------------------

     (ii)    Aggregate price of securities redeemed or
                                                                       ------------------------
              repurchased during the fiscal year:                             $ 31,742,072,079.04
                                                                       ------------------------

     (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:                                                            $0
                                                                       ------------------------

                                                                                               ----------------------
     (iv)   Total available redemption credits [add Items 5(ii) and 5(iii)]:                 -      $ 31,742,072,079.04
                                                                                               ----------------------

     (v) Net sales -- if Item 5(i) is greater than Item 5(iv)
                                                                                               ----------------------
             [subtract Item 5(iv) from Item 5(i)]:                                                   $ 5,104,611,280.50
                                                                                               ----------------------

- -----------------------------------------------------------------------------------------------
     (vi)   Redemption credits available for use in future years                            $0
                                                                       ------------------------
              -- if Item 5(i) is less than Item 5(iv)  [subtract Item 5(iv) from
             Item 5(i)]:
- -----------------------------------------------------------------------------------------------

     (vii)  Multiplier for determining registration fee (See
                                                                                               ----------------------
              Instruction C.9):                                                                      x        .000295
                                                                                               ----------------------

     (viii) Registration fee due [multiply Item 5(v) by Item
                                                                                               ======================
               5(vii)]  (enter "0" if no fee is due):                                        =           $ 1,505,860.33
                                                                                               ======================

</TABLE>

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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 (zero) Shares
                                     ----------------------------------



     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 (zero) Shares
                                     ----------------------------------




- --------------------------------------------------------------------------------

<PAGE>
<TABLE>
<S>                                                                                         <C>                   <C> 
- --------------------------------------------------------------------------------
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
                                                                                               ----------------------


- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------
8. Total of the amount of the  registration  fee due plus any interest due [line
5(viii) plus line 7]:

                                                                                               ----------------------
                                                                                             =         $ 1,505,860.33
                                                                                               ----------------------
</TABLE>



- --------------------------------------------------------------------------------
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9.   Date  the  registration  fee  and  any  interest  payment  was  sent to the
     Commission's lockbox depository: August 27, 1998

     Method of Delivery:
                                     [X]    Wire Transfer
                                     [ ]    Mail or other means


- --------------------------------------------------------------------------------
- --------------------------------------------------------------------------------

                                                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/  David I. Goldstein
                                     -------------------------------------------
                                          David I. Goldstein
                                          Vice President and Secretary
Date: August 27, 1998

          *Please  print the name and  title of the  signing  officer  below the
          signature.

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