KEMPER DIVERSIFIED INCOME FUND
NSAR-A, 1995-06-28
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<PAGE>      PAGE  1
000 A000000 04/30/95
000 C000000 0000216314
000 D000000 N
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000 F000000 Y
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000 J000000 A
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001 B000000 811-2743
001 C000000 3127811121
002 A000000 120 SOUTH LASALLE STREET
002 B000000 CHICAGO
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002 D010000 60603
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<PAGE>      PAGE  2
012 C020001 MO
012 C030001 64105
013 A000001 ERNST & YOUNG LLP
013 B010001 CHICAGO
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015 B000002 S
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015 C030002 64106
015 E010002 X
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015 B000003 S
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015 C020003 MA
015 C030003 02110
015 E010003 X
015 A000004 THE CHASE MANHATTAN BANK, N.A.
015 B000004 C
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015 C020004 NY
015 C030004 11245
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022 A000002 THE FIRST BOSTON CORPORATION
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022 A000005 U B S SECURITIES
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022 C000005     50755
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022 A000007 LEHMAN BROTHERS
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022 C000007     39574
022 D000007     54821
022 A000008 GREENWICH CAPITAL MARKETS, INC.
022 B000008 UNKNOWN
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022 A000009 DONALDSON, LUFKIN & JENRETTE SECURITIES
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SIGNATURE   PHILIP J. COLLORA                            
TITLE       SECRETARY           
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
PER SHARE AND RATIO INFORMATION IS SHOWN AT THE CLASS LEVEL.  ALL OTHER
INFORMATION IS COMBINED FOR ALL CLASSES.  THIS SCHEDULE CONTAINS SUMMARY
FINANCIAL INFORMATION EXTRACTED FROM THE 1995 SEMI-ANNUAL REPORT TO SHAREHOLDERS
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000216314
<NAME> KEMPER DIVERSIFIED INCOME FUND
<SERIES>
   <NUMBER> 00
   <NAME> COMBINED FOR ALL CLASSES
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-END>                               APR-30-1995
<INVESTMENTS-AT-COST>                          803,072
<INVESTMENTS-AT-VALUE>                         814,265
<RECEIVABLES>                                   97,191
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 911,456
<PAYABLE-FOR-SECURITIES>                       160,602
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        7,440
<TOTAL-LIABILITIES>                            168,042
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       909,033
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       10,456
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (187,268)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        11,193
<NET-ASSETS>                                   743,414
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               44,381
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (5,027)
<NET-INVESTMENT-INCOME>                         39,354
<REALIZED-GAINS-CURRENT>                      (21,255)
<APPREC-INCREASE-CURRENT>                       20,647
<NET-CHANGE-FROM-OPS>                           38,746
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
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<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          (2,030)
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                (5,027)
<AVERAGE-NET-ASSETS>                           728,339
<PER-SHARE-NAV-BEGIN>                                0
<PER-SHARE-NII>                                      0
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<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
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<PER-SHARE-NAV-END>                                  0
<EXPENSE-RATIO>                                      0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
PER SHARE AND RATIO INFORMATION IS SHOWN AT THE CLASS LEVEL.  ALL OTHER
INFORMATION IS COMBINED FOR ALL CLASSES.  THIS SCHEDULE CONTAINS SUMMARY
FINANCIAL INFORMATION EXTRACTED FROM THE 1995 SEMI-ANNUAL REPORT TO SHAREHOLERS
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000216314
<NAME> KEMPER DIVERSIFIED INCOME FUND
<SERIES>
   <NUMBER> 01
   <NAME> CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-END>                               APR-30-1995
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<INVESTMENTS-AT-VALUE>                               0
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
PER SHARE AND RATIO INFORMATION IS SHOWN AT THE CLASS LEVEL.  ALL OTHER
INFORMATION IS COMBINED FOR ALL CLASSES.  THIS SCHEDULE CONTAINS SUMMARY
FINANCIAL INFORMATION EXTRACTED FROM THE 1995 SEMI-ANNUAL REPORT TO SHAREHOLDERS
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000216314
<NAME> KEMPER DIVERSIFIED INCOME FUND
<SERIES>
   <NUMBER> 02
   <NAME> CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-END>                               APR-30-1995
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<INVESTMENTS-AT-VALUE>                               0
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
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<NET-ASSETS>                                   258,600
<DIVIDEND-INCOME>                                    0
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<NET-INVESTMENT-INCOME>                              0
<REALIZED-GAINS-CURRENT>                             0
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
PER SHARE AND RATIO INFORMATION IS SHOWN AT THE CLASS LEVEL.  ALL OTHER
INFORMATION IS COMBINED FOR ALL CLASSES.  THIS SCHEDULE CONTAINS SUMMARY
FINANCIAL INFORMATION EXTRACTED FROM THE 1995 SEMI-ANNUAL REPORT TO SHAREHOLDERS
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000216314
<NAME> KEMPER DIVERSIFIED INCOME FUND
<SERIES>
   <NUMBER> 03
   <NAME> CLASS C
<MULTIPLIER> 1000
       
<S>                             <C>
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<PERIOD-END>                               APR-30-1995
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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