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:
Loomis Sayles Funds
One Financial Center
Boston, MA 02111
2. Name of each series or class of funds for which this notice is filed:
Loomis Sayles Core Value Fund
Loomis Sayles Growth Fund
Loomis Sayles International Equity Fund
Loomis Sayles Small Cap Value Fund
Loomis Sayles Worldwide Fund
Loomis Sayles Bond Fund
Loomis Sayles Global Bond Fund
Loomis Sayles High Yield Fund
Loomis Sayles Municipal Bond Fund
Loomis Sayles Short-Term Bond Fund
Loomis Sayles U.S. Government Securities Fund
3. Investment Company Act File Number: 811-6241
Securities Act File Number: 33-39133
4. Last day of fiscal year for which this notice is filed: December 31, 1996
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 and 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:
Loomis Sayles Core Value Fund: 529,829 shares; $ 8,135,687
Loomis Sayles Growth Fund: 544,697 shares; $ 8,655,405
Loomis Sayles International
Equity Fund: 960,299 shares; $11,920,606
Loomis Sayles Small Cap Value Fund: 4,541,136 shares; $79,316,546
Loomis Sayles Worldwide Fund: 475,045 shares; $ 4,759,937
Loomis Sayles Bond Fund: 30,770,089 shares; $380,541,907
Loomis Sayles Global Bond Fund: 1,525,167 shares; $18,653,771
Loomis Sayles High Yield Fund: 189,979 shares; $ 1,915,483
Loomis Sayles Municipal Bond Fund: 130,141 shares; $ 1,455,513
Loomis Sayles Short-Term Bond Fund: 1,283,882 shares; $12,426,078
Loomis Sayles U.S. Government
Securities Fund: 864,647 shares; $ 8,983,613
=============================== ================== ============
Total: 41,814,911 shares; $536,764,546
10. Number and aggregate sale price of securities sold during the
fiscal year in reliance upon registration pursuant to rule 24f-2:
Loomis Sayles Core Value Fund: 529,829 shares; $ 8,135,687
Loomis Sayles Growth Fund: 544,697 shares; $ 8,655,405
Loomis Sayles International
Equity Fund: 960,299 shares; $ 11,920,606
Loomis Sayles Small Cap Value Fund: 4,541,136 shares; $ 79,316,546
Loomis Sayles Worldwide Fund: 475,045 shares; $ 4,759,937
Loomis Sayles Bond Fund: 30,770,089 shares; $380,541,907
Loomis Sayles Global Bond Fund: 1,525,167 shares; $ 18,653,771
Loomis Sayles High Yield Fund: 189,979 shares; $ 1,915,483
Loomis Sayles Municipal Bond Fund: 130,141 shares; $ 1,455,513
Loomis Sayles Short-Term Bond Fund: 1,283,882 shares; $ 12,426,078
Loomis Sayles U.S. Government
Securities Fund: 864,647 shares; $ 8,983,613
================================= ================== ============
Total: 41,814,911 shares; $536,764,546
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):
Loomis Sayles Core Value Fund: 317,340 shares; $ 4,975,617
Loomis Sayles Growth Fund: 781,186 shares; $ 10,831,597
Loomis Sayles International
Equity Fund: 253,208 shares; $ 3,305,494
Loomis Sayles Small Cap Value Fund: 1,057,710 shares; $ 18,271,195
Loomis Sayles Worldwide Fund: 13,134 shares; $ 140,137
Loomis Sayles Bond Fund: 2,592,881 shares; $ 31,775,376
Loomis Sayles Global Bond Fund: 92,817 shares; $ 1,145,834
Loomis Sayles High Yield Fund: 3,048 shares; $ 30,815
Loomis Sayles Municipal Bond Fund: 28,120 shares; $ 315,911
Loomis Sayles Short-Term Bond Fund: 106,059 shares; $ 1,027,017
Loomis Sayles U.S. Government
Securities Fund: 129,259 shares; $ 1,274,113
================================= ================= ============
Total: 5,374,762 shares $ 73,093,106
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): $536,764,546
(ii) Aggregate price of shares issued in connection
with dividend reinvestment plans (from
Item 11, if applicable):
+ 73,093,106
(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year
(if applicable): - 254,526,008
(iv) Aggregate price of shares redeemed or
repurchased and previously applied as
a reduction to filing fees pursuant to rule
24e-2 (if applicable): + -0-
(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): $355,331,644
(vi) Multiplier prescribed by Section 6(b) of
the Securities Act of 1933 or other
applicable law or regulation (see Instruction
C.6): x 1/3300
(vii) Fee due [line (i) or line (v) multiplied by
line (vi)]: $107,676.26
Instruction: Issuers should complete lines (ii), (iii), (iv) and (v) only if
the form is being filed within 60 days after the close of the
issuer's fiscal year. See instruction C.3.
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): XX
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository: February 27, 1997
SIGNATURES
This report has been signed below by the following person on behalf of the
issuer and in the capacity and on the date indicated.
By (Signature and Title)*
/s/ Daniel J. Fuss
Daniel J. Fuss, President
Date: February 28, 1997
* Please print the name and title of the signing officer below the signature.
ROPES & GRAY
One International Place
Boston, Massachusetts 02110-2624
(617) 951-7000
Fax: (617) 951-7050
February 25, 1997
Loomis Sayles Funds
One Financial Center
Boston, Massachusetts 02111
Gentlemen:
You have informed us that you intend to file a notice on Form 24F-2 (the
"Notice") with the Securities and Exchange Commission (the "Commission")
pursuant to Rule 24f-2 (the "Rule") under the Investment Company Act of
1940, as amended, making definite the registration of 41,814,911 of your
shares of beneficial interest, no par value (the "Shares"), sold in reliance
upon the Rule during your fiscal year ended December 31, 1996.
We have examined your Agreement and Declaration of Trust (the "Agreement
and Declaration of Trust") on file in the office of the Secretary of State of
The Commonwealth of Massachusetts and are familiar with the action taken by
your Trustees to authorize the issuance and sale from time to time of your
authorized and unissued shares of beneficial interest at not less than net
asset value. We have also examined a copy of your By-Laws and such other
documents as we have deemed necessary for the purposes of this opinion.
Based on the foregoing, we are of the opinion that the Shares have been
duly authorized and validly issued and are fully paid and non-assessable.
Loomis Sayles Funds (the "Trust") is an entity of the type commonly known as
a "Massachusetts business trust." Under Massachusetts law, shareholders
could, in certain circumstances, be held personally liable for the
obligations of the Trust. However, the Agreement and Declaration of Trust
disclaims shareholder liability for acts or obligations of the Trust and
requires that notice of such disclaimer be given in each agreement,
obligation or instrument entered into or executed by the Trust or its Trustees.
The Agreement and Declaration of Trust provides for indemnification out of the
property of the particular series of shares for all loss and expense of any
shareholder held personally liable solely by reason of being or having been a
shareholder of that series. Thus, the risk of shareholder liability is
limited to circumstances in which that series of shares itself would be
unable to meet its obligations.
We consent to this opinion accompanying the Notice when filed with the
Commission.
Very truly yours,
/s/ Ropes & Gray
Ropes & Gray
