UNITED STATES

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                                   FORM 24F-2

                        Annual Notice of Securities Sold

                             Pursuant to Rule 24f-2

             Read instructions at end of Form before preparing Form.
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1.   Name and address of issuer:

     Nvest Funds Trust II
     399 Boylston Street
     Boston, MA  02116

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2.   The name of each series or class of securities for which this Form is filed
     (If the Form is being filed for all series and classes of securities of the
     issuer, check the box but do not list series or classes): |X|

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3.   Investment Company Act File Number: 811-00242

     Securities Act File Number: 2-11101

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4(a). Last day of fiscal year for which this Form is filed: December 31, 1999

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4(b).|_|  Check  box if this  Form is  being  filed  late  (i.e.,  more  than 90
     calendar days after the end of the issuer's fiscal year).  (See Instruction
     A.2)

Note:If the Form is being filed late,  interest must be paid on the registration
fee due.

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4(c).|_|  Check  box if this is the last time the  issuer  will be  filing  this
     Form.

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5.   Calculation of registration fee:

     (i)  Aggregate sale price of securities sold during
          the fiscal year pursuant to section 24(f):              $535,831,160


    (ii)  Aggregate price of securities redeemed or
          repurchased during the fiscal year:                     $474,364,551


    (iii) Aggregate price of securities redeemed or
          repurchased during any prior fiscal year
          ending no earlier than October 11, 1995
          that were not previously used to reduce
          registration fees payable to the Commission:            $895,115,181

    (iv)  Total available redemption credits
          [add items 5(ii) and 5(iii)]:                           $1,369,479,732

    (v)   Net sales - if Item 5(i) is greater than Item 5(iv)
          [subtract Item 5(iv) from Item 5(i)]:                   $0

    (vi)  Redemption credits available for use in
          future years - if Item 5(i) is less than Item 5(iv)
          [subtract Item 5(iv) from Item 5(i)]: ($833,648,572)


    (vii)  Multiplier for determining registration fee
           (See Instruction C.9):                                 X  0.000264

    (viii) Registration fee due [multiply Item 5(v)
           by Item 5(vii)] enter "0" if no fee is due):           = $0

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6.   Prepaid Shares

If the response to Item 5(i) was determined by deducting an amount of securities
that were registered  under the Securities Act of 1933 pursuant to rule 24e-2 as
in effect before October 11, 1997, then report the amount of securities  (number
of shares or other units) deducted here:  6,318,879 shares. If there is a number
of shares or other units that were  registered  pursuant to rule 24e-2 remaining
unsold  at the end of the  fiscal  year for which  this  form is filed  that are
available for use by the issuer in future  fiscal years,  then state that number
here: 0 shares.

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7.   Interest  due - if this Form is being filed more than 90 days after the end
     of the issuer's fiscal year (see Instruction D):             + $0

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8.   Total of the amount of the registration fee due plus any interest due [line
     5(viii) plus line 7]:                                        = $0

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9.   Date  the  registration  fee  and  any  interest  payment  was  sent to the
     Commission's lockbox depository:


     Method of Delivery:
                                 |_|        Wire Transfer
                                 |_|        Mail or other means
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                                   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/ John E. Pelletier
                           ---------------------
                           John E. Pelletier, Secretary and Clerk

Date:    March 29, 2000

*    Please print the name and title of the signing officer below the signature.