ANCHOR PATHWAY FUND
24F-2NT, 2000-05-24
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UNITED STATES
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:
     Anchor Pathway Fund
     The SunAmerica Center
     733 Third Avenue
New York, NY 10017-3204


2.   Name of each series or class of securities for which this
notice 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):     [   ]
Growth Series, International Series, Growth-Income Series, Asset
Allocation Series, High-Yield Bond Series, US Government/AAA-
Rated Securities Series and Cash Management Series.


3.   Investment Company Act File Number:     811-5157

      Securities Act File Number:            33-14227


4(a)   Last day of fiscal year for which this notice is filed:

                    February 29, 2000


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 A2)

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.

5.     Calculation of registration fee:

        (i)  Aggregate sale price of securities sold during the
fiscal year pursuant to Section 24f-2:
                                               1,145,974


       (ii)  Aggregate price of securities redeemed or
repurchased

          During the fiscal year:            $ 4,972,161


(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:

                                             $ 0.00

Total available redemption credits [add Items 5(ii) and 5(iii)]:

                                             $ 4,972,161

      (v)   Net sales ---- if Item 5(i) is greater than Item
5(iv) [subtract Item 5(iv) from Item 5(i)]:

                                             $ 0.00

     (vi)   Redemption credits available for use in future years


                                             $ 0.00

              ---- if Item 5(i) is less than Item 5(iv) [subtract
Item 5(iv) from Item 5(i)]:

                                             $ (3,826,187)

   (vii)   Multiplier for determining registration fee (See
Instruction C9):
                                             X.000264

  (viii)    Registration fee due [multiply Item 5(v) by Item
5(vii) (Enter "0" if no fee is due):
                                             =    $0.00


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:     None . 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:   None .


     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):
                                                            +
_________________________________________________________________
     8.   Total of the amount of the registration fee due plus any
              interest due(line 5(viii) plus line 7):
                                        =    $    0.00
_________________________________________________________________

Date the registration fee and any interest payment was sent to
the Commission's lockbox depository:    May 30, 2000

          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 the dates
indicated.

By (Signature and Title)*:




Peter C. Sutton
Vice President, Treasurer and
Controller


Date:     May 24, 2000


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