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.
1. Name and address of issuer: Global
Utility Fund, Inc., 100 Mulberry Street,
Gateway Center Three, Newark, New Jersey
07102-4077.
2. Name of each series or class of funds for which this Form 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):
[ ]
3. Investment Company Act File Number: 811-
5695.
Securities Act File Number: 33-37356.
4(a).Last day of fiscal year for which this
Form is filed: September 30, 1997.
(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 A.2.)
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 24(f): $ 0
(ii) Aggregate price of securities
redeemed
or repurchased during the fiscal
year
(if applicable): $ 107,439,020
(iii) Aggregate price of securities
redeemed
or repurchased during any prior
fiscal
year ending not earlier than October
11,
1995 that were not previously used
to
reduce registration fees payable to
the
Commission. $ 0
(iv)Total available redemption credits
[add items 5(ii) and 5(iii). $ 107,439,020
(v) Net sales - If item 5(i) is greater
than Item 5(iv) [subtract item 5(iv)
from item 5(i). $ 0
(vi) Redemption credits available for use
in future years - If item 5(i) is
less
than item 5(iv) [subtract item 5(i)
from item (5(iv)] $ 107,439,020
(vii) Multiplier for determining
registration
fee (See instruction C.9): x 1/3300
(viii) Registration fee due [multiply item
5(v)
by item 5(vii)] enter "0" if no fee
is
due. =$ 0
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
[effective date of rescission of rule
24e-2], then report the amount of
securities (number of shares or other
units) deducted here: 3,253,484. 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: 5,826,411.
7. Interest due - if this Form is being
filed
more than 90 days after the end of the
of
the issuer's fiscal year (See
Instruction D): +$ 0
8. Total amount of the registration fee due
plus any interest due [line 5(viii)plus
line 7]: =$ 0
9. Date the registration fee and any
interest payment was
sent to the Commission's lockbox
depository:
Method of Delivery:
[ ] 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 on the dates indicated.
By (Signature and Title) /s/S. Jane Rose
Secretary
Date December 5, 1997
GLOBAL UTILITY FUND, INC.
December 29, 1997
Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC 20549
Re: Rule 24f-2 Notice for
Global Utility Fund, Inc.
(File No. 811-5695)
On behalf of Global Utility Fund, Inc.,
enclosed for filing under the Investment
Company Act of 1940 is one copy of the Rule
24f-2 Notice.
This document has been filed using the
EDGAR system.
Very truly
yours,
/s/ S.
Jane Rose
S. Jane
Rose
Secretary
