U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 24F-2
ANNUAL NOTICE OF SECURITIES SOLD
PURSUANT TO RULE 24f-2
1. NAME AND ADDRESS OF ISSUER:
Northstar Trust
Two Pickwick Plaza
Greenwich, Connecticut 06830
2. NAME OF EACH SERIES OR CLASS OF FUNDS FOR WHICH THIS NOTICE IS FILED:
Northstar High Total Return Fund - Class A, Class B and Class C shares.
Northstar Income and Growth Fund - Class A, Class B and Class C shares.
3. INVESTMENT COMPANY ACT FILE NUMBER: 811-7978
SECURITIES ACT FILE NUMBER: 33-67852
4. LAST DAY OF FISCAL YEAR FOR WHICH THIS NOTICE IS FILED:
October 31, 1996
5. CHECK BOX IF 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:
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:
None.
9. NUMBER AND AGGREGATE SALE PRICE OF SECURITIES SOLD DURING THE FISCAL YEAR:
84,843,323 419,745,203
10. NUMBER AND AGGREGATE SALE PRICE OF SECURITIES SOLD DURING THE FISCAL YEAR
IN RELIANCE UPON REGISTRATION PURSUANT TO RULE 24F-2:
84,843,323 419,745,203
<PAGE>
11. NUMBER AND AGGREGATE SALE PRICE OF SECURITIES ISSUED DURING THE FISCAL YEAR
IN CONNECTION WITH DIVIDEND REINVESTMENT PLANS, IF APPLICABLE:
2,924,587 15,651,167
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): $419,745,203
(II) AGGREGATE PRICE OF SHARES ISSUED IN
CONNECTION WITH DIVIDEND REINVESTMENT
PLANS (FROM ITEM 11): + 15,651,167
(III) AGGREGATE PRICE OF SHARES REDEEMED OR
REPURCHASED DURING THE FISCAL YEAR: - 75,769,231
(IV) AGGREGATE PRICE OF SHARES REDEEMED OR
REPURCHASED AND PREVIOUSLY APPLIED AS A
REDUCTION TO FILING FEES PURSUANT TO
RULE 24E-2: + 0
(V) NET AGGREGATE PRICE OF SECURITIES SOLD
AND ISSUED DURING THE FISCAL YEAR IN
RELIANCE ON RULE 24F-2 [LINE (I), PLUS LINE (III),
LESS LINE (III), PLUS LINE (IV)]: 359,627,139
(VI) MULTIPLIER PRESCRIBED BY SECTION 6(B)
OF THE SECURITIES ACT OF 1933 OR OTHER
APPLICABLE LAW OR REGULATION: x .00030303
(VII) FEE DUE [LINE (I) OR LINE (V) MULTIPLIED
BY LINE (VII)]: $108,977.92
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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.
[ X ]
DATE OF MAILING OR WIRE TRANSFER OF FILING FEES TO THE COMMISSION'S LOCKBOX
DEPOSITORY: DECEMBER 19, 1996
SIGNATURES
THIS REPORT HAS BEEN SIGNED BELOW BY THE FOLLOWING PERSON ON BEHALF OF THE
ISSUER AND IN THE CAPACITY AND ON THE DATE INDICATED.
By: /S/ Stephanie L. Beckner Date: December 20, 1996
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Signature
Stephanie L. Beckner, Assistant Secretary
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Name and Title
