U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 24F-2
Annual Notice of Securities Sold
Pursuant to Rule 24f-2
Read instructions at end of Form before preparing Form.
Please print or type.
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1. Name and address of issuer:
Van Kampen American Capital Equity Opportunity Trust, Series 42
One Parkview Plaza
Oakbrook, IL 60181
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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 the series or classes):
Van Kampen American Capital Equity Opportunity Trust, Series 42
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3. Investment Company Act File Number: 811-2754
Securities Act File Number: 33-10897
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4(a). Last day of fiscal year for which this Form is filed: July 31, 1997
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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)
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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 in reliance on rule 24(f): $ 2,299,944
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(ii) Aggregate price of securities redeemed or repurchased during the fiscal year: $ 197,800
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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): -$ 197,800
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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)]: $ 2,102,144
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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 1/3300
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(viii) Registration fee due [multiply Item 5(v) by item 5(vii)] (enter "0" if no fee is due): =$ 637
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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 rescissions of rule 243-2], then report the amount of securities (number of shares or other
units) deducted here: 0. 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
Interest due -- if this Form is being filed more than 90 days after the end of the issuer's fiscal year
(see Instruction D):
7. Total of the amount of the registration fee due plus any interest due [line 5(viii) plus line 7)]: +$
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8. =$ 637
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Date the registration fee and any interest payment was sent to the Commission's lockbox depository:
9. August 15, 1997
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/ ____________________________
____________________________
Date ________________
*Please print the name and title of the signing officer below the signature.