UNITED STATES ---------------------------
SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL
Washington, D.C. 20549 ---------------------------
OMB Number: 3235-0456
Expires: August 31, 2000
FORM 24F-2 Estimated average burden
ANNUAL NOTICE OF SECURITIES SOLD hours per response.......1
PURSUANT TO RULE 24F-2 ---------------------------
Read instructions at end of Form before preparing Form.
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1. Name and address of issuer:
PaineWebber Municipal Series
51 West 52nd Street
New York, NY 10019-6114
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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:
811-5014
Securities Act File Number:
33-11611
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4(a). Last day of fiscal year for which this Form is filed:
February 29, 2000
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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.
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4(c). |_| Check box if this is the last time the issuer will be filing
this Form.
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<PAGE>
<TABLE>
<CAPTION>
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5. Calculation of registration fee:
<S> <C> <C> <C> <C>
(i) Aggregate sale price of securities sold $ 35,604,474
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during the fiscal year pursuant to
section 24(f):
(ii) Aggregate price of securities redeemed
or repurchased during the fiscal year $ 43,827,806
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(iii) Aggregate price of securities redeemed
or repurchased during any PRIOR fiscal
year ending no earlier than October 1,
1995 that were not previously used to
reduce registration fees payable to the $ 10,545,487
Commission: ------------
(iv) Total available redemption credits [add Items 5(ii) and 5(iii)]: - $ 54,373,293
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(v) Net sales - if item 5(i) is greater
than Item 5(iv) [subtract item 5(iv) $ 0
from Item 5(i)]: ------------
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(vi) Redemption credits available for use in
future years -- if Item 5(i) is less $(18,768,819)
than Item 5(iv) [subtract Item 5(iv) -------------
from Item 5(i)]:
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(vii) Multiplier for determining registration
fee (See Instruction C.9): $ 0.000264
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(viii) Registration fee due [multiply Item
5(v) by Item 5(vii)] (enter "0" if no
fee is due): = $ 0
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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. 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:
8,740,077.
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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
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8. Total of the amount of the registration fee due plus any
interest due [line 5(viii) plus line 7]:
= $ 0
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</TABLE>
2
<PAGE>
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9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository:
Method of Delivery:
|_| Wire Transfer
|_| Mail or other means
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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/ Ann E. Moran
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Ann E. Moran
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Vice President and Assistant Treasurer
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Date: May 22, 2000
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*Please print the name and title of the signing officer below the signature.
