RULE 24f-2 NOTICE
Sanford C. Bernstein Fund, Inc.
767 Fifth Avenue
New York, New York 10153
1933 Act No. 33-21844
1. The fiscal year for which notice is filed: 9/30/95
2. Number or amount of shares registered under
the Securities Act of 1933 other than pursuant
to Rule 24f-2 but which remained unsold as of
the beginning of the Registrant's fiscal year,
October 1, 1995.
Short Duration Plus Portfolio None
Government Short Duration Portfolio None
Intermediate Duration Portfolio None
New York Municipal Portfolio None
Diversified Municipal Portfolio None
California Municipal Portfolio None
International Value Portfolio None
Short Duration California Municipal Portfolio None
Short Duration Diversified Municipal Portfolio None
Short Duration New York Municipal Portfolio None
Total:None
3. The number or amount of shares registered
during the fiscal year ended September 30,
1995 other than pursuant to Rule 24f-2.
Short Duration Plus Portfolio None
Government Short Duration Portfolio None
Intermediate Duration Portfolio None
New York Municipal Portfolio None
Diversified Municipal Portfolio None
California Municipal Portfolio None
International Value Portfolio None
Short Duration California Municipal Portfolio None
Short Duration Diversified Municipal Portfolio None
Short Duration New York Municipal Portfolio None
Total:None
4. The number or amount of shares sold during
the fiscal year ended September 30, 1995,
in reliance on Rule 24f-2 (see attached
Computation of Fee). $1,063,291,221
WITNESS the due execution hereof this 14th day of November, 1995.
/s/Jean Margo Reid
Secretary
SANFORD C. BERNSTEIN FUND, INC.
Computation of Fee for Fiscal Year Ending September 30, 1995
Net Sales for
Computation
Portfolio No. of Shares Dollar Amount of Fee
- - ----------------------------------------------------------------------------
SHORT DURATION PLUS
Sales 17,143,714 $ 211,368,925
Redemptions (20,098,016) (247,997,651)
Net (2,954,302) $ (36,628,726) $ (36,628,726)
GOVERNMENT SHORT DURATION
Sales 4,035,966 $ 49,936,667
Redemptions (7,908,658) (97,571,320)
Net (3,872,692) $ (47,634,653) $ (47,634,653)
INTERMEDIATE DURATION
Sales 32,910,628 $ 423,971,031
Redemptions (16,234,351) (208,158,283)
Net 16,676,277 $ 215,812,748 $ 215,812,748
DIVERSIFIED MUNICIPAL
Sales 17,272,565 $ 227,860,539
Redemptions (11,652,547) (151,552,609)
Net 5,620,018 $ 76,307,930 $ 76,307,930
NEW YORK MUNICIPAL
Sales 10,135,649 $ 133,033,288
Redemptions (8,152,089) (105,788,848)
Net 1,983,560 $ 27,244,440 $ 27,444,440
CALIFORNIA MUNICIPAL
Sales 6,543,550 $ 86,839,805
Redemptions (5,752,212) (74,831,609)
Net 791,338 $ 12,008,196 $ 12,008,196
INTERNATIONAL VALUE
Sales 48,686,189 $ 753,462,868
Redemptions (9,815,634) (151,573,318)
Net 38,870,555 $ 601,889,550 $ 601,889,550
SHORT DURATION
CALIFORNIA MUNICIPAL
Sales 7,005,347 $ 87,579,193
Redemptions (2,041,346) (25,629,055)
Net 4,964,001 $ 61,950,138 $ 61,950,138
SHORT DURATION DIVERSIFIED
MUNICIPAL
Sales 12,677,253 $ 158,421,292
Redemptions (4,743,724) (59,592,645)
Net 7,933,529 $ 98,828,647 $ 98,828,647
SHORT DURATION NEW YORK
MUNICIPAL
Sales 7,143,738 $ 89,049,814
Redemptions (2,840,518) (35,536,863)
Net 4,303,220 $ 53,512,951 $ 53,512,951
TOTALS $1,063,291,221
Fee at 1/50 of 1% $ 212,658.24
Sanford C. Bernstein & Co., Inc.
Investment Research and Management
767 Fifth Avenue
New York, New York 10153-0185
212/486-5800
November 14, 1995
Sanford C. Bernstein Fund, Inc.
767 Fifth Avenue
New York, NY 10153
Dear Sirs:
Sanford C. Bernstein Fund, Inc., which is presently comprised of ten
portfolios -- Bernstein Government Short Duration, Bernstein Short
Duration Plus, Bernstein New York Municipal, Bernstein Diversified
Municipal, Bernstein Intermediate Duration, Bernstein California
Municipal, Bernstein International Value, Bernstein Short Duration
California Municipal, Bernstein Short Duration Diversified
Municipal and Bernstein Short Duration New York Municipal
(the "Fund") -- is registered to issue and sell an indefinite number
of shares (the "Shares") of its common stock, par value $.001
per share (the "Common Stock"), in the manner and on the terms
set forth in its Registration Statement on Form N-1A filed
with the Securities and Exchange Commission (File No. 33-21844).
I have, as attorney for Sanford C. Bernstein & Co., Inc., advisor
to the Fund, participated in various corporate and other proceedings
relating to the Fund and to the Shares. I have examined copies,
either certified or otherwise proved to my satisfaction to be genuine,
of its Charter and By-Laws, as currently in effect, a certificate of
good standing issued by the State Department of Assessments and
Taxation of Maryland and other documents relating to its organization
and operation. I have also reviewed the above-mentioned Registration
Statement and all amendments filed as of the date of this opinion
and the documents filed as exhibits thereto. I am generally familiar
with the corporate affairs of the Fund.
Based upon the foregoing, it is my opinion that:
1. The Fund has been duly organized and is validly existing under
the laws of the State of Maryland.
2. The Fund is authorized to issue two billion (2,000,000,000) shares
of Common Stock. Under Maryland law, shares of Common Stock which
are issued and subsequently redeemed by the Fund will be, by virtue
of such redemption, restored to the status of authorized and unissued
shares.
3. The shares sold by the Fund during its fiscal year ending
September 30, 1995 were legally issued, fully paid and non-assessable.
I hereby consent to the filing of this opinion with the Securities
and Exchange Commission as a part of the Fund's Rule 24f-2 Notice
for the Fund's fiscal year ending September 30, 1995 and with any
state securities commission where such filing is required.
I am a member of the Bar of the States of New York and California
and do not hold myself out as being conversant with the laws of
any jurisdiction other than those of the United States of America
and the States of New York and California. I note that I am not
licensed to practice law in the State of Maryland, and to the extent
that any opinion expressed herein involves the law of Maryland,
such opinion should be understood to be based solely upon my review
of the good standing certificate referred to above, the published
statutes of that State and, where applicable, published cases,
rules or regulations of regulatory bodies of that State.
Very truly yours,
/s/Jean Margo Reid
Associate General Counsel
and Vice President
Sanford C. Bernstein & Co., Inc.
Registered Investment Advisor
Member, New York Stock Exchange, Inc.
JMR:pjr
