# EDGAR Filing Document

**Accession Number:** 0000862696
**File Stem:** 0000894189-23-001838
**Filing Date:** 2023-3
**Character Count:** 10928
**Document Hash:** 5ce08f2ff51b70a3ad7e9fc831ff8d8e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-23-001838.hdr.sgml**: 20230306

**ACCESSION NUMBER**: 0000894189-23-001838

**CONFORMED SUBMISSION TYPE**: N-8F

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20230306

**DATE AS OF CHANGE**: 20230306

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TORRAY FUND
- **CENTRAL INDEX KEY:** 0000862696
- **IRS NUMBER:** 521710083
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-8F
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06096
- **FILM NUMBER:** 23709012

**BUSINESS ADDRESS:**
- **STREET 1:** 7501 WISCONSIN AVENUE
- **STREET 2:** SUITE 750W
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814-6523
- **BUSINESS PHONE:** 3014934600

**MAIL ADDRESS:**
- **STREET 1:** 7501 WISCONSIN AVENUE
- **STREET 2:** SUITE 750W
- **CITY:** BETHESDA
- **STATE:** MD
- **ZIP:** 20814-6523

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#### <br>

#### UNITED STATES

#### SECURITIES AND EXCHANGE COMMISSION

#### Washington, D.C. 20549

#### <br>

#### FORM N-8F

#### APPLICATION FOR DEREGISTRATION

#### OF CERTAIN REGISTERED INVESTMENT COMPANIES

#### <br>

**<br>

<br> I. General Identifying Information

1. Reason fund is applying to deregister (check *only one;* for descriptions, *see* Instruction 1 above):

<br> [x] Merger

[ ] Liquidation

[ ] Abandonment of Registration

(Note: Abandonments of Registration answer *only* questions 1 through 15, 24 and 25 of this form and complete verification at the end of the form.)

[ ] Election of status as a Business Development Company

(Note: Business Development Companies answer *only* questions 1 through 10 of this form and complete verification at the end of the form.)

<br> 2. Name of fund: Torray Fund

<br> 3. Securities and Exchange Commission File No.: 811-06096

<br> 4. Is this an initial Form N-8F or an amendment to a previously filed Form N-8F?

[ x] Initial Application [ ] Amendment

<br> 5. Address of Principal Executive Office (include No. & Street, City, State, Zip Code): <br>

7501 Wisconsin Ave., Suite 750W

Bethesda, MD 20814

<br> 6. Name, address, and telephone number of individual the Commission staff should contact with any questions regarding this form:

Thomas G. Sheehan

Practus LLP

6 Surrey Lane

Falmouth, ME 04105

------

<br> 7. Name, address and telephone number of individual or entity responsible for maintenance and preservation of fund records in accordance with rules 31a-1 and 31a-2 under the Act [17 CFR 270.31a-l, .31a-2]:

&nbsp;&nbsp;&nbsp;&nbsp;<br>

#### Administration, Fund Accounting, Transfer Agency and Custody Records
U.S. Bank Global Fund Services

615 East Michigan Street, Milwaukee,

Wisconsin, 53202

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(800) 300-3863

#### Advisory Records related to the Fund
Torray LLC

7501 Wisconsin Ave., Suite 750W

Bethesda, MD 20814

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(301) 493-4600

#### Distribution Records related to the Fund
Foreside Funds Distributors LLC

400 Berwyn Park

899 Cassatt Road

Berwyn, PA 19312

484-320-6239

Note*: Once deregistered, a fund is still required to maintain and preserve the records described in rules 31a-l and 31a-2 for the periods specified in those rules.*

<br> 8. Classification of fund (check only one): <br> [x ] Management company;

[ ] Unit investment trust; or

[ ] Face-amount certificate company.

<br> 9. Subclassification if the fund is a management company (check only one):

[x] Open-end [ ] Closed-end

<br> 10. State law under which the fund was organized or formed (*e.g.*, Delaware, Massachusetts): <br> Massachusetts

<br> 11. Provide the name and address of each investment adviser of the fund (including sub- advisers) during the last five years, even if the fund's contracts with those advisers have been terminated:

Torray LLC

7501 Wisconsin Ave., Suite 750

W Bethesda, MD 20814

------

<br> 12. Provide the name and address of each principal underwriter of the fund during the last five years, even if the fund's contracts with those underwriters have been terminated:

Foreside Funds Distributors LLC

400 Berwyn Park

899 Cassatt Road

&nbsp;&nbsp;&nbsp;&nbsp;Berwyn, PA 19312 <br>

<br> 13. If the fund is a unit investment trust ("UIT") provide: N/A

<br> (a) Depositor's name(s) and addressees):

<br> (b) Trustee's name(s) and address(es):

<br> 14. Is there a UIT registered under the Act that served as a vehicle for investment in the fund (*e.g.*, an insurance company separate account)?

[ ] Yes [x] No

If Yes, for each UIT state:

Name(s):

File No.: 811-

Business Address:

------

<br> 15. (a) Did the fund obtain approval from the board of directors concerning the decision to engage in a Merger, Liquidation or Abandonment of Registration?

<br> [x] Yes [ ] No

If Yes, state the date on which the board vote took place:

June 7, 2022

If No, explain:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Did the fund obtain approval from the shareholders concerning the decision to engage in a Merger, Liquidation or Abandonment of Registration?

[x] Yes [ ] No

If Yes, state the date on which the shareholder vote took place:

November 1, 2022

If No, explain:

<br> II. Distributions to Shareholders

<br> 16. Has the fund distributed any assets to its shareholders in connection with the Merger or Liquidation?

<br> [x] Yes [ ] No

<br> (a) If Yes, list the date(s) on which the fund made those distributions:

December 9, 2022

<br> (b) Were the distributions made on the basis of net assets?

[x] Yes [ ] No

<br> (c) Were the distributions made *pro rata* based on share ownership? <br> [x]Yes&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; [ ] No <br>

<br> (d) If No to (b) or (c) above, describe the method of distributions to shareholders. For Mergers, provide the exchange ratio(s) used and explain how it was calculated:

<br> (e) *Liquidations only:*

Were any distributions to shareholders made in kind?

[ ] Yes [ ] No

If Yes, indicate the percentage of fund shares owned by affiliates, or any other affiliation of shareholders:

------

<br> 17. *Closed-end funds only*:

Has the fund issued senior securities?

[ ] Yes [ ] No

If Yes, describe the method of calculating payments to senior securityholders and distributions to other shareholders:

<br> 18. Has the fund distributed *all* of its assets to the fund's shareholders? <br> [x] Yes [ ] No

If No,

<br> (a) How many shareholders does the fund have as of the date this form is filed?

Zero

<br> (b) Describe the relationship of each remaining shareholder to the fund:

<br> 19. Are there any shareholders who have not yet received distributions in complete liquidation of their interests?

[ ] Yes [ x] No

If Yes, describe briefly the plans (if any) for distributing to, or preserving the interests of, those shareholders:

<br> III. Assets and Liabilities

&nbsp;&nbsp;&nbsp;&nbsp;<br>

<br> 20. Does the fund have any assets as of the date this form is filed?

*(See question 18 above)* 

[ ] Yes [x] No

If Yes,

(a) Describe the type and amount of each asset retained by the fund as of the date this form is filed:

<br> (b) Why has the fund retained the remaining assets?

<br> (c) Will the remaining assets be invested in securities? <br> [ ] Yes [x] No <br>

21. Does the fund have any outstanding debts (other than face-amount certificates if the fund is a face-amount certificate company) or any other liabilities?

[ ] Yes [x] No

If Yes,

------

(a) Describe the type and amount of each debt or other liability:

<br> (b) How does the fund intend to pay these outstanding debts or other liabilities?

<br> IV. Information About Event(s) Leading to Request For Deregistration <br>

<br> 22. (a) List the expenses incurred in connection with the Merger or Liquidation:

&nbsp;&nbsp;&nbsp;&nbsp;<br>

(i) Legal expenses: Practus LLP: $52,679.50; FDBR: $76,444.90

&nbsp;&nbsp;&nbsp;&nbsp;<br>

(ii) Accounting expenses: U.S. Bank: Fund Back Office, $15,000

(iii) Other expenses (list and identify separately): Computershare proxy solicitation: $26,230.15;

(iv) Total expenses (sum of lines (i)-(iii) above): $170,354.55

<br> 23. How were those expenses allocated?

All expenses associated with the Reorganization were direct. There were no allocated expenses.

<br> (c) Who paid those expenses?

Torray LLC, the investment adviser to the Torray Fund, paid all expenses associated with the reorganization of Torray Fund into The RBB Fund Trust.

<br> (d) How did the fund pay for unamortized expenses (if any)? NA

<br> 24. Has the fund previously filed an application for an order of the Commission regarding the Merger or Liquidation?

[ ] Yes [x] No

If Yes, cite the release numbers of the Commission's notice and order or, if no notice or order has been issued, the file number and date the application was filed:

<br> V. Conclusion of Fund Business

<br> 25. Is the fund a party to any litigation or administrative proceeding? <br> [ ] Yes [x] No <br>

If Yes, describe the nature of any litigation or proceeding and the position taken by the fund in that litigation:

<br> 26. Is the fund now engaged, or intending to engage, in any business activities other than those necessary for winding up its affairs?

[ ] Yes [x] No

&nbsp;&nbsp;&nbsp;&nbsp;<br>

If Yes, describe the nature and extent of those activities:

------

<br> VI. Mergers Only

<br> 27. (a) State the name of the fund surviving the Merger:

Torray Fund, a series of The RBB Fund Trust

<br> (b) State the Investment Company Act file number of the fund surviving the Merger:

811- 23011

<br> (c) If the merger or reorganization agreement has been filed with the Commission, state the file number(s), form type used and date the agreement was filed: DEF 14A, File No. 811-06096 (SEC Accession No. 0001398344-22-020036) October 11, 2022

<br> (d) If the merger or reorganization agreement has *not* been filed with the Commission, provide a copy of the agreement as an exhibit to this form.

#### VERIFICATION
The undersigned states that (i) he has executed this Form N-8F application for an order under section 8(f) of the Investment Company Act of 1940 on behalf of <u>Torray Fund</u>, (ii) he is the Secretary of the Torray Fund), and (iii) all actions by shareholders, directors, and any other body necessary to authorize the undersigned to execute and file this Form N-8F application have been taken. The undersigned also states that the facts set forth in this Form N-8F application are true to the best of his or her knowledge, information, and belief.

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| |
|:---|
| (Signature) |
| <u>/s/ William M Lane&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u>  |
| William M Lane <br> Secretary, Torray Fund |
| March 6, 2023  |

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