[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]


=======================================================================
-----------------------------------------------------------------------

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'').

-----------------------------------------------------------------------

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