FORM N-SAR-U
ANNUAL REPORT
FOR UNIT INVESTMENT TRUSTS
Report for six month period ending: / / (a)
or fiscal year ending: 12/31/98 (b)
Is this a transition report?:(Y/N) N
--------
Is this an amendment to a previous filing? N
(Y/N) --------
Those items or sub-items with a box "[/] " after the item number should be
completed only if the answer has changed from the previous filing on this form.
1. A. Registrant Name: First Investors Life Variable Annuity
Fund C
B. File Number: 811-6130
C. Telephone Number:
(212) 858-8200
2. A. Street: 95 Wall Street
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B. City: New York C. State: New York D. Zip 5 Zip Ext:
Code: 1000
E. Foreign Country: Foreign
Postal
Code:
3. Is this the first filing on this form by Registrant? (Y/N) N
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4. Is this the last filing on this form by Registrant? (Y/N) N
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5. Is Registrant a small business investment company (SBIC)? N
(Y/N) --------------------
[If answer is "Y" (Yes), complete only items 89 through 110.]
6. Is Registrant a unit investment trust (UIT)? (Y/N) Y
[If answer is "Y" (Yes), complete only items 111 through 132.] --------------------
7. A. Is Registrant a series or multiple portfolio company? (Y/N)
[If answer is "N" (No), go to item 8.] --------------------
B. How many separate series or portfolios did Registrant
have at the end of the period? --------------------
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If filing more than one
For period ending 12/31/98 Page 50, "X" box: [_]
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File number 811- 6130
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123. [/] State the total value of the additional units considered in
answering item 122 ($000's omitted) $ 63,929
-------------------------- --------------
124. [/] State the total value of units of prior series that were
placed in the portfolios of subsequent series during the
current period (the value of these units is to be measured on
the date they were placed in the subsequent series) ($000's
omitted) $
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125. [/] State the total dollar amount of sales loads collected (before
reallowances to other brokers or dealers) by Registrant's
principal underwriter and any underwriter which is an
affiliated person of the principal underwriter during the
current period solely from the sale of units of all series of
Registrant ($000's omitted) $ 3,215
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126. Of the amount shown in item 125, state the total dollar amount of sales
loads collected from secondary market operations in Registrant's units
(include the sales loads, if any, collected on units of a prior series
placed in the portfolio of a subsequent series.) ($000's omitted) $ 0
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127. List opposite the appropriate description below the number of series
whose portfolios are invested primarily (based upon a percentage of
NAV) in each type of security shown, the aggregate total assets at
market value as of a date at or near the end of the current period of
each such group of series and the total income distributions made by
each such group of series during the current period (excluding
distributions of realized gains, if any):
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Number of Total Assets Total Income
Series ($000's Distributions
Investing omitted (000's omitted)
--------- ------- ---------------
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A. U.S. Treasury direct issue
----------------- --------- $-------- $ --------
B. U.S. Government agency
---------------------- --------- $-------- $ --------
C. State and municipal tax-free
--------------- --------- $-------- $ --------
D. Public utility debt
------------------------ --------- $-------- $ --------
E. Brokers or dealers debt or debt of brokers'
or dealers' parent
------------------------- --------- $-------- $ --------
F. All other corporate intermed. & long-term
debt
--------------------------------------- --------- $-------- $ --------
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G. All other corporate short-term debt -------- --------- $-------- $ --------
H. Equity securities of brokers or dealers or
parents of brokers or dealers
-------------- --------- $-------- $ --------
I. Investment company equity securities 1 507,465 25,693
------- --------- $-------- $ --------
J. All other equity securities
---------------- --------- $-------- $ --------
K. Other securities
--------------------------- --------- $-------- $ --------
L. Total assets of all series of registrants 507,465
-- --------- $-------- $ --------
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If filing more than one
For period ending 12/31/98 Page 50, "X" box: [ ]
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File number 811- 6130
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128. [/] Is the timely payment of principal and interest on any of the
portfolio securities held by any of Registrant's series at the
end of the current period insured or guaranteed by an entity
other than the issuer?
(Y/N)
---------------------------------------------------------- ------------
Y/N
129. [/] Is the issuer of any instrument covered in item 128 delinquent
or in default as to payment of principal or interest at the
end of the current period? (Y/N)
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Y/N
[If answer is "N" (No), go to item 131.]
130. [/] In computations of NAV or offering price per unit, is any part
of the value attributed to instruments identified in item 129
derived from insurance or guarantees? (Y/N)
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Y/N
[If answer is "N" (No), go to item 131.]
131. Total expenses incurred by all series of Registrant during the
current reporting period ($000's omitted) $ 1,568
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132. [/] List the "811" (Investment Company Act of 1940)
registration number for all Series of Registrant that are
being included in this filing
811- 811- 811- 811- 811-
------------ ------------ ------------ ------------ ------------
811- 811- 811- 811- 811-
------------ ------------ ------------ ------------ ------------
811- 811- 811- 811- 811-
------------ ------------ ------------ ------------ ------------
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This report is signed on behalf of the depositor in the City and
State of New York on the 23rd day of February, 1999.
FIRST INVESTORS CORPORATION
Depositor
Witness /S/ Ada M. Suchow By /S/ Richard H. Gaebler
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Ada M. Suchow Richard H. Gaebler
Vice President and President
Assistant Secretary
