FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24F-2
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1. Name and address of issuer: Narragansett Insured Tax-Free Income Fund
380 Madison Avenue, Suite 2300, New York, NY 10017
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2. The name of each series or class of securities 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: [X]
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3. Investment Company Act File Number: 811-6707
Securities Act File Number: 33-48696
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4(a) Last day of fiscal year for which this Form is filed: June 30, 1998
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4(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.
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4(c) [ ] Check box if this is the last time the issuer will be filing this
Form.
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5. Calculation of registration fee:
(i) Aggregate sale price of securities
sold during the fiscal year
pursuant to section 24(f): $ 16,298,238
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(ii) Aggregate price of securities
redeemed or repurchased during the
fiscal year: $ 5,497,647
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(iii) Aggregate price of securities
redeemed or repurchased during any
prior fiscal year ending no
earlier than October 11, 1995 that
were not previously used to reduce
registration fees payable to the
Commission: $ 0
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(iv) Total available redemption credits
[add Items 5(ii) and 5(iii)]: - $ 5,497,647
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(v) Net sales - if Item 5(i) is
greater than Item 5(iv) [subtract
Item 5(iv) from Item 5(i)]: $ 10,800,591
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(vi) Redemption credits available for
use in future years - if Item 5(i)
is less than Item 5(iv) [subtract
Item 5(iv) from Item 5(i)]: $ 0
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(vii) Multiplier for determining
registration fee (See Instruction
C.9): X .000295
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(viii)Registration fee due [multiply
Item 5(v) by Item 5(vii)] (enter
"0" if no fee is due): = $ 3,186.17
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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: $ 0
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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: $ 0
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7. Interest due - if this Form is being filed
more than 90 days after the end of the
issuer's fiscal year (see Instruction D): + $ 0
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8. Total of the amount of the registration fee
due plus any interest due [line 5(viii)
plus line 7]: = $ 3,186.17
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9. Date the registration fee and any interest payment was sent to the
Commission's lockbox depository: August 17, 1998
Method of Delivery:
[X] Wire Transfer
[ ] Mail or other means
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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)* /s/ Richard F. West
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Richard F. West, Treasurer
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Date August 17, 1998
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* Please print the name and title of the signing officer below the signature
