KEYSTONE TAX FREE INCOME FUND
24F-2NT, 1996-01-25
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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: Keystone Tax Free Income Fund
                               200 Berkeley Street
                               Boston, MA  02116


2. Name of each series or class of funds for which this notice is filed:
                    Shares of beneficial interest, no par value
                    Classes A, B, and C

3. Investment Company Act File Number: 811-4951

   Securities Act File Number:  33-11051

4. Last day of fiscal year for which this notice is filed:

                   November 30, 1995

5.   Check box if this notice is being filed for 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:

                   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:

                   3,643,612

8.   Number and amount of securities registered during the fiscal year other
     than pursuant to Rule 24f-2:

                   -0-


9.   Number and aggregate sale price of securities sold during the fiscal year:

                        1,209,150
                      $11,472,773


10.  Number and aggregate sale price of securities sold during the fiscal year
     in reliance upon registration pursuant to Rule 24f-2:

                    -0-


11.  Number and aggregate sale price of securities issued during the fiscal year
     in connection with dividend reinvestment plans, if applicable:

                        417,978
                     $4,018,869

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):                                       $      -0-

     (ii)   Aggregate price of shares issued in connection
            with dividend reinvestment plans (from Item 11
            if applicable):                                     + $ 4,018,869

     (iii)  Aggregate price of shares redeemed or repurchased
                   during the fiscal year (if applicable):      - $ 32,840,818

     (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-

     (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):                                ($28,821,949)

     (vi)   Multiplier prescribed by Section 6(b) of the
            Securities Act of 1933 or other
            applicable law or regulation                        x   1/2900

     (vii)  Fee due [line (i) or line (v) multiplied by
            line (vi)]                                          x    -0-

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).

                           Not applicable

     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/ James M. Wall
                                                     ---------------------
                                                     Assistant Secretary


         DATE:  January 25, 1996



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