<PAGE> PAGE 1
000 A000000 11/30/1999
000 C000000 203142
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 SCUDDER MUNICIPAL TRUST
001 B000000 811-2671
001 C000000 6172952560
002 A000000 TWO INTERNATIONAL PLACE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02110
002 D020000 4103
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 2
007 C010100 1
007 C020100 SCUDDER MANAGED MUNICIPAL BONDS
007 C030100 N
007 C010200 2
007 C020200 SCUDDER HIGH YIELD TAX FREE FUND
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 SCUDDER KEMPER INVESTMENTS, INC.
008 B00AA01 A
008 C00AA01 801-252
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02110
010 A00AA01 SCUDDER FUND ACCOUNTING CORP.
010 B00AA01 8-298
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02110
010 C04AA01 4103
011 A00AA01 SCUDDER INVESTOR SERVICES, INC.
011 B00AA01 8-298
<PAGE> PAGE 2
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02110
011 C04AA01 4103
012 A00AA01 SCUDDER SERVICE CORPORATION
012 B00AA01 84-1489
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02107
012 C04AA01 2291
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
014 A00AA01 SCUDDER INVESTOR SERVICES, INC.
014 B00AA01 8-298
014 A00AA02 GRUNTAL & CO., INC.
014 B00AA02 8-31022
014 A00AA03 GMS GROUP LLC (A GRUNTAL AFFILIATE)
014 B00AA03 8-23936
014 A00AA04 ZURICH CAPITAL MARKETS
014 B00AA04 8-49827
014 A00AA05 BANK HANDLOWY
014 B00AA05 8-24613
014 A00AA06 KEMPER DISTRIBUTORS, INC.
014 B00AA06 8-47765
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
015 A00AA02 THE BANK OF NEW YORK
015 B00AA02 S
015 C01AA02 LONDON
015 D01AA02 ENGLAND
015 E01AA02 X
015 A00AA03 BANK OF AMERICA
015 B00AA03 S
015 C01AA03 NEW YORK
015 C02AA03 NY
015 C03AA03 10006
015 E01AA03 X
015 A00AA04 CHASE BANK
015 B00AA04 S
015 C01AA04 NEW YORK
015 C02AA04 NY
015 C03AA04 10172
015 E01AA04 X
015 B00AA05 S
015 A00AA06 MORGAN GUARANTY TRUST COMPANY OF NEW YORK
<PAGE> PAGE 3
015 B00AA06 S
015 C01AA06 NEW YORK
015 C02AA06 NY
015 C03AA06 10015
015 E01AA06 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 84
019 C00AA00 SCUDDERKEM
020 A000001 MERRILL LYNCH
020 B000001 13-5674085
020 C000001 0
020 A000002 FIRST CHICAGO CAPITAL MARKETS
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 1
022 A000001 MERRILL LYNCH
022 B000001 13-5674085
022 C000001 71032
022 D000001 84011
022 A000002 LEHMAN BROTHERS SECURITIES
022 C000002 30740
022 D000002 51618
022 A000003 SALOMON BROTHERS
022 C000003 46532
022 D000003 30761
022 A000004 PAINE WEBBER
022 C000004 26497
022 D000004 27950
022 A000005 MORGAN STANLEY & CO.
022 C000005 23800
022 D000005 29944
022 A000006 J.P. MORGAN SECURITIES
022 C000006 22470
022 D000006 27391
022 A000007 SMITH BARNEY SHEARSON
022 C000007 40396
022 D000007 7472
022 A000008 GOLDMAN SACHS
022 C000008 6276
022 D000008 19337
022 A000009 ISI
022 C000009 7703
022 D000009 7585
<PAGE> PAGE 4
022 A000010 CHASE MANHATTAN BANK
022 C000010 9885
022 D000010 0
023 C000000 498221
023 D000000 495373
024 00AA00 N
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026 H000000 N
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030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
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031 B00AA00 0
032 00AA00 0
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039 00AA00 N
040 00AA00 N
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042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
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059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
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<PAGE> PAGE 5
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 N
077 Q020000 Y
077 Q030000 N
078 000000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 B00AA00 NATIONAL UNION INSURANCE COMPANY
080 C00AA00 150000
081 A00AA00 Y
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083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
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086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
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086 D020000 0
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086 E020000 0
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086 F020000 0
025 D000101 0
025 D000102 0
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<PAGE> PAGE 6
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 4768
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028 C030100 0
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045 000100 Y
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<PAGE> PAGE 7
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 700000
048 K020100 0.475
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 Y
053 B000100 Y
054 A000100 Y
054 B000100 Y
054 C000100 N
054 D000100 N
054 E000100 N
054 F000100 N
054 G000100 N
054 H000100 Y
054 I000100 N
054 J000100 Y
054 K000100 N
054 L000100 N
054 M000100 Y
054 N000100 N
054 O000100 Y
062 A000100 Y
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 1.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 99.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 9.3
064 A000100 N
<PAGE> PAGE 8
064 B000100 N
070 A010100 Y
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 Y
070 E020100 Y
070 F010100 N
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 215370
071 B000100 193479
071 C000100 700377
071 D000100 55
072 A000100 6
072 B000100 20296
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 1806
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072 H000100 0
072 I000100 255
072 J000100 81
<PAGE> PAGE 9
072 K000100 0
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073 A010100 0.2300
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<PAGE> PAGE 10
074 U020100 0
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025 D000201 0
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045 000200 Y
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<PAGE> PAGE 11
048 A020200 0.650
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048 K010200 300000
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054 J000200 Y
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054 N000200 N
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062 A000200 Y
062 B000200 0.0
062 C000200 0.0
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<PAGE> PAGE 12
062 J000200 0.0
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062 O000200 98.0
062 P000200 0.0
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063 A000200 0
063 B000200 0.0
064 A000200 N
064 B000200 N
070 A010200 Y
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070 B020200 N
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070 D020200 N
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070 E020200 Y
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070 F020200 N
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070 G020200 N
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070 H020200 N
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070 I020200 N
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070 J020200 Y
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070 L010200 N
070 L020200 N
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070 O020200 N
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070 R020200 N
071 A000200 116881
071 B000200 126985
<PAGE> PAGE 13
071 C000200 406012
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072 A000200 6
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<PAGE> PAGE 14
074 M000200 1
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SIGNATURE JOHN MILLETTE
TITLE SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Managed Municipal Bonds Semiannual Report for the period ended 11/30/1999 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> Scudder Managed Municipal Bonds
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-2000
<PERIOD-START> JUN-01-1999
<PERIOD-END> NOV-30-1999
<INVESTMENTS-AT-COST> 666,911,903
<INVESTMENTS-AT-VALUE> 702,750,068
<RECEIVABLES> 12,524,899
<ASSETS-OTHER> 10,229
<OTHER-ITEMS-ASSETS> 685,451
<TOTAL-ASSETS> 715,970,647
<PAYABLE-FOR-SECURITIES> 6,708,808
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,075,729
<TOTAL-LIABILITIES> 8,784,537
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 679,846,018
<SHARES-COMMON-STOCK> 82,137,272
<SHARES-COMMON-PRIOR> 79,451,883
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (8,475,898)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 35,815,990
<NET-ASSETS> 707,186,110
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 20,296,010
<OTHER-INCOME> 0
<EXPENSES-NET> 2,212,406
<NET-INVESTMENT-INCOME> 18,083,604
<REALIZED-GAINS-CURRENT> (1,943,819)
<APPREC-INCREASE-CURRENT> (24,743,479)
<NET-CHANGE-FROM-OPS> (8,603,694)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (18,083,604)
<DISTRIBUTIONS-OF-GAINS> (2,933,309)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 103,543,982
<NUMBER-OF-SHARES-REDEEMED> (92,422,730)
<SHARES-REINVESTED> 12,284,296
<NET-CHANGE-IN-ASSETS> (6,215,059)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (2,245,343)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,806,001
<INTEREST-EXPENSE> 77
<GROSS-EXPENSE> 2,224,673
<AVERAGE-NET-ASSETS> 700,366,142
<PER-SHARE-NAV-BEGIN> 8.98
<PER-SHARE-NII> 0.23
<PER-SHARE-GAIN-APPREC> (0.33)
<PER-SHARE-DIVIDEND> (0.23)
<PER-SHARE-DISTRIBUTIONS> (0.04)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 8.61
<EXPENSE-RATIO> 0.63
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Scudder High Yield Tax Free Fund Annual Report for the fiscal year ended
11/30/99 and is qualified in its entirety by reference to such
financial statements.
</LEGEND>
<SERIES>
<NUMBER> 2
<NAME> Scudder High Yield Tax Free Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAY-31-2000
<PERIOD-START> JUN-01-1999
<PERIOD-END> NOV-30-1999
<INVESTMENTS-AT-COST> 406,500,625
<INVESTMENTS-AT-VALUE> 420,498,519
<RECEIVABLES> 6,483,741
<ASSETS-OTHER> 2,632
<OTHER-ITEMS-ASSETS> 218,563
<TOTAL-ASSETS> 427,203,455
<PAYABLE-FOR-SECURITIES> 12,398,909
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,303,750
<TOTAL-LIABILITIES> 13,702,659
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 407,857,275
<SHARES-COMMON-STOCK> 34,002,199
<SHARES-COMMON-PRIOR> 35,463,486
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (8,354,373)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13,997,894
<NET-ASSETS> 413,500,796
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 12,805,579
<OTHER-INCOME> 0
<EXPENSES-NET> 1,814,125
<NET-INVESTMENT-INCOME> 10,991,454
<REALIZED-GAINS-CURRENT> (2,530,387)
<APPREC-INCREASE-CURRENT> (15,739,187)
<NET-CHANGE-FROM-OPS> (7,278,120)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (10,991,454)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 68,945,746
<NUMBER-OF-SHARES-REDEEMED> (94,939,787)
<SHARES-REINVESTED> 7,685,144
<NET-CHANGE-IN-ASSETS> (36,578,471)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (5,823,986)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,345,564
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,821,875
<AVERAGE-NET-ASSETS> 422,263,311
<PER-SHARE-NAV-BEGIN> 12.69
<PER-SHARE-NII> 0.32
<PER-SHARE-GAIN-APPREC> (0.53)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.32)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.16
<EXPENSE-RATIO> 0.86
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
