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:
D. L. Babson Bond Trust
2440 Pershing Road, G-15
Kansas City, MO 64108-2561
2. Name of each series or class of funds for which this
notice is filed:
Portfolio L
Portfolio S
3. Investment Company Act File Number: 811-495
Securities Act File Number: 2-10002
4. Last day of fiscal year for which this notice is
filed:
November 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):
N/A
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:
N/A
9. Number and aggregate sale price of securities sold
during the fiscal year:
16,412,254 shares for $33,378,385
10. Number and aggregate sale price of securities sold
during the fiscal year in reliance upon registration
pursuant to rule 24f-2:
16,412,254 shares for $33,378,385
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):
5,563,921 shares for $9,981,663
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):
$33,378,385
(ii) Aggregate price of shares issued in connection
with dividend reinvestment plans (from Item 11,
if applicable):
+ 9,981,663
(iii) Aggregate price of shares redeemed or
repurchased during the fiscal year (if
applicable):
-57,353,611
(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):
$ 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 1/3300
(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 CFR 202.3a).
[ ]
Date of mailing or wire transfer of filing fees to the
Commission's lockbox depository:
N/A
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/P. Bradley Adams
Name: P. Bradley Adams
Title: Vice President
& Treasurer
Date: January 16, 1997
PAGE
JOHN G. DYER
ATTORNEY AT LAW
THREE CROWN CENTER
2440 PERSHING ROAD, SUITE G-15
KANSAS CITY, MO 64108
(816) 471-5200
January 16, 1997
D. L. Babson Bond Trust
Three Crown Center
2440 Pershing Road
Kansas City, MO 64108
Gentlemen:
D. L. Babson Bond Trust (the "Trust") is a common law trust
organized and existing under the laws of the State of
Missouri. I am currently acting as "in-house" counsel for
the Trust, and it is in my capacity as in-house counsel to
the Trust that I am furnishing you with this opinion.
I have examined the Agreement and Declaration of Trust of
D. L. Babson Bond Trust, the Trust's Registration Statement
under the Securities Act of 1933, and the Trust's
Registration Statement under the Investment Company Act of
1940, as amended, both on Form N-1A; and such other
documents, including the minutes of Trustees and
Shareholders meetings, which I deem necessary or appropriate
to this opinion.
The Trust is currently authorized to issue an unlimited
number of shares of beneficial interest in two separate
classes known as Portfolio L and Portfolio S. Each share of
Portfolio L has a par value of twenty-five cents ($0.25) per
share and each share of Portfolio S has a par value of one
dollar ($1.00).
As of the close of the Trust's last fiscal year, November
30, 1996, there were outstanding approximately 95,001,606
shares of beneficial interest.
Pursuant to Rule 24f-2, the Trust has requested this opinion
in order to comply with the notice requirement of the said
Rule and for the purpose of registering under the Securities
Act of 1933, shares of beneficial interest having a value of
$43,360,048 sold or issued by the Trust during its most
recent fiscal year ended November 30, 1996. Such shares
were sold or issued in accordance with the Trust's method of
distributing its registered shares whereby currently
effective prospectuses are made available for delivery to
offerees and purchasers of shares in accordance with Section
5(b) of the Securities Act of 1933.
Based upon the foregoing information and examination, it is
my opinion that the Trust is a valid and subsisting common
law trust under the laws of the State of Missouri, that the
proposed registration of the shares of beneficial interest
having a value of $43,360,048 is proper, that such shares,
which were issued for a consideration which was deemed by
the Board of Trustees consistent with the Agreement and
Declaration of Trust, are legally issued, fully-paid, and
non-assessable shares, and that the holders of such shares
have all the rights provided for with respect to such shares
by the Agreement and Declaration of Trust and the laws of
the State of Missouri.
I hereby consent to the use of this opinion as an exhibit to
the Notice under Rule 24f-2 of the Trust, covering the
registration of the said shares under the Securities Act and
the applications and registration statements, and amendments
thereto, filed in accordance with the securities laws of the
several states in which shares of the Trust are offered, and
I further consent to reference in the Prospectus of the
Trust to the fact that this opinion concerning the legality
of the issue has been rendered by me.
Sincerely,
/s/John G. Dyer
John G. Dyer
JGD/ckb
