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.
Please print or type
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1. Name and address of issuer:
SteinRoe Variable Investment Trust
600 Atlantic Avenue
Boston, Massachusetts 02210
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2. Name of each series or class of funds for which this notice is
filed:
Capital Appreciation Fund
Managed Growth Stock Fund
Strategic Managed Assets Fund
Managed Assets Fund
Mortgage Securities Income Fund
Cash Income Fund
Managed Income Fund
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3. Investment Company Act File Number: 811-5199
Securities Act File Number: 33-14954
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4. Last day of fiscal year for which this notice is filed: 12/31/95
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5. Check box if this notice is being filed more 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: [ ]
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6. Date of termination of issuer's declaration under rule
24f-2(a)(1), if applicable (see Instruction A.6): Not
applicable.
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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: None.
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8. Number and amount of securities registered during the fiscal year
other than pursuant to rule 24f-2: None.
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9. Number and aggregate sale price of securities sold during the
fiscal year:
Shares Dollars
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Capital Appreciation Fund 2,916,477.060 43,757 834.36
Managed Growth Stock Fund 1,121,090,735 23,896,708.62
Strategic Managed Assets Fund 203,976,074 1,239,925.08
Managed Assets Fund 4,922,497.478 70,515,449.41
Mortgage Securities Income Fund 3,157,923.640 32,827,745.20
Cash Income Fund 56,499,769,310 56,499,769.31
Managed Income Fund 113,042.255 1,058,981.26
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10. Number and aggregate sale price of securities sold during the
fiscal year in reliance upon registration pursuant to rule 24f-2:
Shares Dollars
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Capital Appreciation Fund 2,916,477.060 43,757 834.36
Managed Growth Stock Fund 1,121,090,735 23,896,708.62
Strategic Managed Assets Fund 203,976,074 1,239,925.08
Managed Assets Fund 4,922,497.478 70,515,449.41
Mortgage Securities Income Fund 3,157,923.640 32,827,745.20
Cash Income Fund 56,499,769,310 56,499,769.31
Managed Income Fund 113,042.255 1,058,981.26
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11. Number and aggregate sale price of securities issued during the
fiscal year in connection with dividend reinvestment plans, if
applicable (see Instruction B.7):
Shares Dollars
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Capital Appreciation Fund 75,756.543 1,224,983.28
Managed Growth Stock Fund 314,892.689 7,399,978.18
Strategic Managed Assets Fund 1,235,611.687 7,265,396.72
Managed Assets Fund 1,549,182.081 21,713,230.21
Mortgage Securities Income Fund 542,406.063 5,499,997.48
Cash Income Fund 3,761,345.510 3,761,345.51
Managed Income Fund 237,757.368 2,337,154.93
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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): $229,796,413.24
(ii) Aggregate price of shares issued in connection
with dividend reinvestment plans (from Item 11,
if applicable): + 49,202,086.31
(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year (if
applicable): -278,998.499.55
(iv) Aggregate price of shares redeemed or
repurchased and previously applied as a
reduction to filing fees pursuant to rule
24f-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): 0
(vi) Multiplier prescribed by Section 6(b) of the
Securities Act of 1933 or other applicable law
or regulation (see Instruction C.6): x 1/2900
(vii) Fee due [line (i) or line (v) multiplied by
line (vi)]: 0
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Instruction: Issuers should complete lines (ii), (iii), (iv), and
(v) only if form is being filed within 60 days after the close of the
issuer's fiscal year. See Instruction C.3.
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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 CRF 202.3a). [ ]
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*) GARY A. ANETSBERGER
Gary A. Anetsberger, Treasurer
Date: February 22, 1996
*Please print the name and title of the signing officer
below the signature.
<PAGE>
Liberty Financial Companies, Inc.
Federal Reserve Plaza
600 Atlantic Avenue
Boston, MA 02210-2214
617-722-6000
February 20, 1996
SteinRoe Variable Investment Trust
Federal Reserve Plaza
600 Atlantic Avenue
Boston, Massachusetts 02110
Ladies and Gentlemen:
SteinRoe Variable Investment Trust, a Massachusetts
business trust (the "Trust"), is filing with the Securities
and Exchange Commission a Rule 24f-2 Notice (the "Notice") on
behalf of its various series (the "Funds") containing the
information specified in paragraph (b)(1) of Rule 24f-2 under
the Investment Company Act of 1940 (the "Rule"). The Trust
has previously filed a Registration Statement under the
Securities Act of 1933 (File No. 33-14954) (the "Registration
Statement") containing the declaration authorized by
paragraph (a) (1) of the Rule to the effect that an
indefinite number of shares of beneficial interest of the
Trust without par value (the "Shares") was being registered
by the Registration Statement. I am a Vice President and
Associate General Counsel of Liberty Financial Companies,
Inc., which is the parent holding company for the investment
advisor and the administrator to the Trust. I also am an
Assistant Secretary of the Trust.
The effect of the Notice, when accompanied by (i) the
filing fee, if any, payable as prescribed by paragraph (c) of
the Rule and (ii) this Opinion, will be to make definite in
number the number of shares sold by the various Funds of the
Trust during the fiscal year ended December 31, 1995 in
reliance upon the Rule (the "Rule 24f-2 Shares").
I have examined copies, either certified or otherwise
proven to my satisfaction to be genuine, of the Trust's
Agreement and Declaration of Trust as now in effect, the
minutes of meetings of Trustees of the Trust and other
documents relating to the organization and operation of the
Trust. I have also reviewed the Registration Statement and
the form of the Rule 24f-2 Notice being filed by the Trust,
and am generally familiar with the business affairs of the
Trust.
The Trust has advised me that the Rule 24f-2 Shares were
sold in the manner contemplated by the Trust's current
prospectus at the time of sale, and that the Rule 24f-2
Shares were sold for a consideration not less than the net
asset value thereof as required by the Investment Company Act
of 1940.
I am a member of the Bar of The Commonwealth of
Massachusetts, and the opinions rendered below are limited to
the laws of Massachusetts.
Based upon the foregoing, it is my opinion that:
1. The Trust has been duly organized and is legally
existing under the laws of The Commonwealth of
Massachusetts.
2. The Trust is authorized to issue an unlimited number
of Shares.
3. The Rule 24f-2 Shares were legally issued and are
fully paid and non-assessable (except that as to
4,581.590 shares of the Capital Appreciation Fund,
1,766.509 shares of the Managed Growth Stock Fund,
5,244.023 shares of the Managed Assets Fund,
1,135.103 shares of the Mortgage Securities Income
Fund and 1,702.210 shares of the Cash Income Fund,
payment had not been received and was not then due
in ordinary course of business as of December 31,
1995). However, I note that as set forth in the
Registration Statement, shareholders of the Trust
might, under certain circumstances, be liable for
transactions effected by the Trust.
I hereby consent to the filing of this opinion with the
Securities and Exchange Commission together with the Rule
24f-2 Notice of the Trust, and to the filing of this opinion
under the securities laws of any state where such filing may
be necessary.
Sincerely,
KEVIN M. CAROME
Kevin M. Carome
Vice President and
Associate General Counsel
Liberty Financial Companies, Inc.
