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.
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1. Name and address of issuer:
Professionally Managed Portfolios
479 W. 22nd Street
New York, NY 10011
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2. Name of each series or class of funds for which this notice is filed:
Academy Value Fund
Lighthouse Growth Fund
Trent Equity Fund
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3. Investment Company Act File Number: 811-5037
Securities Act File Number: 33-12213
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4(a). Last day of fiscal year for which this notice is filed:
August 31, 1997
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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)
N/A
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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.
N/A
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5. Calculation of registration fee:
(i) Aggregate sale price of securities sold
during the fiscal year pursuant to section
24(f): $18,593,546
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(ii) Aggregate price of securities redeemed or
Repurchased during the fiscal year: $ 5,565,931
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(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
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(iv) Total available redemption credits (add Items
5(ii) and 5(iii): -$ 5,565,931
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(v) Net sales - if Item 5(i) is greater than Item
5(iv) [subtract Item 5(iv) from Item 5(i)]: $ 13,027,615
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(vi) Redemption credits available for use in
future years -- if Item 5(i) is less than
Item 5(iv) [subtract Item 5(iv) from Item
5(i)]: $ (0)
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(vii) Multiplier for determining registration fee
(See Instruction C.9): x 1/3300
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(viii) Registration fee due [multiply Item 5(v) by
Item 5(vii)] (enter "0" if no fee is due): =$ 3,947.76
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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:__________.
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 futu re fiscal years, then
state that number here: N/A
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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]: $ 3,947.76
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9. Date the registration fee and any interest was sent to the Commission's
lockbox depository: November 20, 1997
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Method of Delivery: X 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/ Eric M. Banhazl
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Eric M. Banhazl / Treasurer
Date: November 21, 1997
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* Please print the name and title of the signing officer below the signature.
