FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24F-2
1. Name and address of issuer: THE PREFERRED GROUP OF MUTUAL FUNDS
100 N.E. ADAMS STREET
PEORIA, ILLINOIS 61629-5330
2. Name of each series or class of funds for which this notice is filed:
PREFERRED VALUE FUND
PREFERRED GROWTH FUND
PREFERRED INTERNATIONAL FUND
PREFERRED FIXED INCOME FUND
PREFERRED ASSET ALLOCATION FUND
PREFERRED SHORT-TERM GOVERNMENT SECURITIES FUND
PREFERRED MONEY MARKET FUND
PREFERRED BALANCED FUND
PREFERRED SMALL CAP FUND
3. Investment Company Act File Number: 811-06602
Securities Act File Number: 33-46479
4. Last day of fiscal year for which this notice is filed: JUNE 30, 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:
PREFERRED VALUE FUND 1,770,691 SHARES $26,100,000
PREFERRED GROWTH FUND 2,240,761 SHARES $40,020,000
PREFERRED INTERNATIONAL FUND 1,405,492 SHARES $17,400,000
PREFERRED FIXED INCOME FUND 4,500,000 SHARES $46,980,000
PREFERRED ASSET ALLOCATION FUND 680,218 SHARES $ 8,700,000
PREFERRED S.T. GOV'T SECURITIES FUND 2,303,462 SHARES $22,620,000
PREFERRED MONEY MARKET FUND 8,700,000 SHARES $ 8,700,000
PREFERRED BALANCED FUND 55,957 SHARES $ 584,200
PREFERRED SMALL CAP FUND 291,621 SHARES $ 2,895,800
9. Number and aggregate sale price of securities sold during the
fiscal year:
184,998,143 SHARES $605,380,355
10. Number and aggregate sale price of securities sold during the fiscal
year in reliance upon registration pursuant to rule 24f-2:
168,802,763 SHARES $436,166,647
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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):
6,729,887 SHARES $39,916,638
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): $436,166,647
(ii) Aggregate price of shares issued in connec-
tion with dividend reinvestment plans (from
Item 11, if applicable): + 39,916,638
(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year (if
applicable): -(476,083,285)
(iv) Aggregate price of shares redeemed or
repurchased and previously applied as a
reduction to filing fees pursuant to
rule 24f-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):
-0-
(vi) Multiplier prescribed by Section 6(b) of the
Securities Act of 1933 or other applicable
law or regulation (see Instruction C.6):
x 1/29th of .01
(vii) Fee due [line (i) or line (v) multiplied by
line (vi)]: -0-
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 CRF 202.3a).
[ ]
Date of mailing or wire transfer of filing fees to the Commission's
lockbox depository:
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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)* P. MICHAEL POND
P. MICHAEL POND, PRESIDENT
Date AUGUST 26, 1996
*Please print the name and title of the signing officer below the signature.
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