Securities and Exchange Commission
Washington, DC 20549
Rule 24f-2 Notice for Phillips Capital Investments, Inc.
1940 Act File #811-5425
1933 Act File #33-20943
FISCAL YEAR OF NOTICE: Fiscal Year Ended December 31, 1998
SECURITIES SOLD OTHER THAN UNDER RULE 24f-2: -0-
SECURITIES REGISTERED OTHER THAN UNDER RULE 24f-2: -0-
AGGREGATE SALE PRICE OF SECURITIES SOLD DURING FISCAL YEAR: $232,170.21
AGGREGATE SALE PRICE OF SECURITIES SOLD
(RULE 24f-2): $232,170.21 of common stock
LESS: AGGREGATE REDEMPTIONS DURING FISCAL YEAR: ($129,948.71)
-------------
NET SALES DURING FISCAL YEAR $102,221.50
CALCULATED FEE: $28.42*
* The Registrant currently has a credit balance with the Securities and
Exchange Commission in the amount of $125.00, $28.42 of which shall be
used to pay the fee due under this 24f-2 filing.
This "Rule 24f-2 Notice for Phillips Capital Investments, Inc." was signed
on the 25th day of March, 1999, in Dallas, Texas.
Phillips Capital Investments, Inc.
15400 Knoll Trail, Suite 100
Dallas, Texas 75248
By: /s/ Guy F. Phillips, Jr.
Its: President