U.S. 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:
CFS Investment Trust
1111 East Warrenville Road
Naperville Illinois 60563-1493
2. Name of each series or class of funds for which this
notice is filed:
Calamos Convertible Fund: Class A
Calamos Growth and Income Fund: Class A
Calamos Strategic Income Fund: Class A
Calamos Growth Fund: Class A
3. Investment Company Act File Number: 33-19228
Securities Act File Number:
4. Last day of fiscal year for which this notice is filed:
3/31/96
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.
[ ]
6. Date of termination of issuer's declaration under rule
24f-2(a)(1), if applicable (see instruction A.6:
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
8. Number of amount of securities registered during the
fiscal year other than pursuant to rule 24f-2: None
9. Number and aggregate sale price of securities sold during
the fiscal year:
10. Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration pursuant to rule 24f-2:
Calamos Convertible 384,827 5,437,155
Growth and Income 100,923 1,501,956
Strategic Income 5,423 58,500
Growth 35,197 571,748
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):
Convertible 121,084 1,654,810
Growth and Income 19,957 288,695
Strategic Income 4,385 47,093
Growth 29,036 408,816
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): $ 7,569,359
-----------
(ii) Aggregate price of shares issued in connection with
dividend reinvestment plans (from Item 11, if
applicable): +2,399,414
-----------
(iii)Aggregate price of shares redeemed or repurchased
during the fiscal year (if applicable): -3,935,638
-----------
(iv) Aggregate price of shares redeemed or repurchased and
previously applied as a reduction to filing fees
pursuant to rule 24e-2 (if applicable): +
-----------
(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): 6,033,135
-----------
(vi) Multiplier prescribed by Section 6(b) of the Securities
Act of 1933 or other applicable law or regulation (see
Instruction C.6): x .00034483
-----------
(vii) Fee due [line (I)or line (V) multiplied by line (VI): $ 2,080
-----------
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 CFR 202.3a).
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository:
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/Paul J. Marnell
-----------------
Vice President
Date 5/30/96
BELL, BOYD & LLOYD
THREE FIRST NATIONAL PLAZA
70 WEST MADISON STREET, SUITE 3300
CHICAGO, ILLINOIS 60602-4207
312-372-1121
FAX 312 372-2098
CAMERON S. AVERY WASHINGTON, D.C.
DIRECT DIAL: 312 807-4302 202 466-6300
[email protected] FAX 202 463-0678
May 16,1996
CFS Investment Trust
1111 East Warrenville Road
Naperville, Illinois 60563-1448
Ladies and Gentlemen:
Rule 24f-2 Notice
We have represented CFS Investment Trust, a Massachusetts business trust (the
"Trust"), in connection with the filing with the Securities and Exchange
Commission of the Trust's Rule 24f-2 Notice for the fiscal year ended March
31, 1996 pursuant to Rule 24f-2 under the Investment Company Act of 1 940
("Rule 24f-2"). In this connection, we have examined originals, or copies
certified or otherwise identified to our satisfaction, of such documents or
other records, certificates, and other papers as we deem it necessary to
examine for the purpose of this opinion, including the agreement and d
eclaration of trust and bylaws of the Fund and resolutions of the board of
trustees authorizing the issuance of shares.
Based upon the foregoing examination, we are of the opinion that the following
shares of beneficial interest, without par value, of the Trust sold during the
1996 fiscal year in reliance upon registration pursuant to rule 24f-2 were
legally issued, fully paid and nonassessable (although shareholde rs of the
Trust may be subject to liability under certain circumstances as described in
the prospectus of the Trust included in its registration statement on Form
N-1A):
Shares Sold During Period
Series of the Registrant Pursuant to Rule 24f-2
------------------------ ----------------------
Calamos Strategic Income Fund 9,808
Calamos Convertible Fund 505,911
Calamos Growth and Income Fund 120,880
Calamos Growth Fund 64,233
We consent to the filing of this opinion with the Trust's Rule 24f-2 Notice.
In giving this consent, we do not admit that we are in the category of persons
whose consent is required under Section 7 of the Securities Act of 1933.
Very truly yours,
/s/ Bell, Boyd & Lloyd
85175D1.DOC
