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U.S. SECURITIES & 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: Safeco Managed Bond Trust
Safeco Plaza
Seattle, WA 98185
2 Name of each series or class of funds for which this notice is filed:
Safeco Managed Bond Fund
3 Investment Company Act File Number: 811-6667
Securities Act File Number: 33-47859
4 Last day of fiscal year for which this notice is filed:
12/31/96
5 Check box if this notice is being filed more than 180 days after the
close of 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 Not applicable
6 Date of termination of issuer's declaration under rule
24f-2(a)(1), if applicable: Not applicable
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:
0
8 Number and amount of securities registered during the fiscal year other
than pursuant to rule 24f-2:
Number: 89,328
Amount: $762,597
9 Number and aggregate sale price of securities sold during the fiscal year:
Number: 29,402
Amount: $247,143
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10 Number and aggregate sale price of securities sold during the fiscal year
in reliance upon registration of rule 24f-2:
Number: 29,402
Amount: $247,143
11 Number and aggregate sale price of securities issued during the fiscal
year in connection with dividend reinvestment plans, if applicable:
Not applicable
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) $247,143
(ii) Aggregate price of shares issued in connection
with dividends reinvestment plans (from item 11, if
applicable): + N/A
(iii)Aggregate price of shares redeemed or
repurchased during the fiscal year (if applicable: - 279,270
(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) 0
(vi) Multiplier prescribed by Section 6(b) of the
Securities Act of 1933 or other applicable law or x .0003030
regulation
(vii)Fee due line (i) or line (v) multipled by line (vi): 0
INSTRUCTION: Issuers should complete lines (ii), (iii), (iv), only if the form
is being filed within 60 days after the close of the issuer's
fiscal year. See Instruction C.3.
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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: no fee
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 Tile) /s/ Neal A. Fuller
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Neal A. Fuller, Vice President & Controller
Date 2/28/97
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