[Federal Register Volume 61, Number 192 (Wednesday, October 2, 1996)]
[Notices]
[Pages 51473-51474]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 96-25224]
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SECURITIES AND EXCHANGE COMMISSION
[Rel. No. IC-22252; 811-7027]
Putnam Research Analysts Fund; Notice of Application
September 26, 1996.
AGENCY: Securities and Exchange Commission (``SEC'').
ACTION: Notice of Application for Deregistration under the Investment
Company Act of 1940 (the ``Act'').
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APPLICANT: Putnam Research Analysts Fund.
RELEVANT ACT SECTION: Order requested under section 8(f).
SUMMARY OF APPLICATION: Applicant requests an order declaring that it
has ceased to be an investment company.
FILING DATES: The application was filed on October 3,1995 and amended
on April 2, 1996 and September 17, 1996.
HEARING OR NOTIFICATION OF HEARING: An order granting the application
will be issued unless the SEC orders a hearing. Interested persons may
request a hearing by writing to the SEC's Secretary and serving
applicant with a copy of the request, personally or by mail. Hearing
requests should be received by the SEC by 5:30 p.m. on October 22,
1996, and should be accompanied by proof of service on the applicant,
in the form of an affidavit or, for lawyers, a certificate of service.
Hearing requests should state the nature of the writer's interest, the
reason for the request, and the issues contested. Persons may request
notification of a hearing by writing to the SEC's Secretary.
ADDRESSES: Secretary, SEC, 450 Fifth Street, N.W., Washington, D.C.
20549. Applicant, One Post Office Square, Boston, Massachusetts 02109.
FOR FURTHER INFORMATION CONTACT:
Elaine M. Boggs, Staff Attorney, at (202) 942-0572, or Alison E. Baur,
Branch Chief, at (202) 942-0564 (Division of Investment Management,
Office of Investment Company Regulation).
SUPPLEMENTARY INFORMATION: The following is a summary of the
application. The complete application may be obtained for a fee from
the SEC's Public Reference Branch.
Applicant's Representations
1. Applicant is a registered open-end management investment company
under the Act and is organized as a business trust under the laws of
Massachusetts. Applicant registered under the Act and filed a
registration statement on Form N-1A on August 19,
[[Page 51474]]
1992. On November 2, 1992, the registration statement was declared
effective and applicant commenced its initial public offering.
2. On January 6, 1995, applicant's board of trustees authorized
applicant's liquidation based on then current market conditions. Putnam
Investment Management, Inc., applicant's investment adviser (the
``Adviser'') owned a substantial majority of applicant's outstanding
shares.
3. On or about February 6, 1995, applicant liquidated all of its
309,549.746 shares to its shareholders of record at net asset value for
a total cash distribution of $2,587,834.96. After the final
liquidation, $488 remained which applicant used to reimburse its
Adviser for management fees and reimbursements. No expenses were
incurred in connection with the liquidation and unamortized
organization expenses were paid by the Adviser. Applicant disposed of
its portfolio securities in the normal course of business incurring
brokerage commissions in the amount of $1,902.90.
4. There are no securityholders to whom distributions in complete
liquidation of their interests have not been made. Applicant has
retained no assets. Applicant has no debts or other liabilities that
remain outstanding. Applicant is not a party to any litigation or
administrative proceeding.
5. Applicant is not now engaged, nor does it propose to engage, in
any business activities other than those necessary for the winding up
of its affairs.
6. On August 15, 1995, applicant filed the necessary documentation
with Massachusetts authorities to terminate its existence as a
Massachusetts business trust.
For the SEC, by the Division of Investment Management, under
delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 96-25224 Filed 10-1-96; 8:45 am]
BILLING CODE 8010-01-M
