<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Kemper
Strategic Income Fund Annual Report for the fiscal year ended 10/31/2000 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000216314
<NAME> KEMPER STRATEGIC INCOME FUND
<SERIES>
<NUMBER> 010
<NAME> KEMPER STRATEGIC INCOME FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 587,845,801
<INVESTMENTS-AT-VALUE> 482,428,670
<RECEIVABLES> 14,286,936
<ASSETS-OTHER> 2,292,889
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 499,008,495
<PAYABLE-FOR-SECURITIES> 65,537
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,128,554
<TOTAL-LIABILITIES> 2,194,091
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 702,469,934
<SHARES-COMMON-STOCK> 78,515,787
<SHARES-COMMON-PRIOR> 93,641,000
<ACCUMULATED-NII-CURRENT> 56,277,444
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (100,084,181)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (105,652,700)
<NET-ASSETS> 496,814,404
<DIVIDEND-INCOME> 483,226
<INTEREST-INCOME> 64,171,163
<OTHER-INCOME> 0
<EXPENSES-NET> 8,376,945
<NET-INVESTMENT-INCOME> 56,277,444
<REALIZED-GAINS-CURRENT> (46,617,504)
<APPREC-INCREASE-CURRENT> (36,504,700)
<NET-CHANGE-FROM-OPS> (26,844,760)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (29,035,762)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (9,325,801)
<NUMBER-OF-SHARES-SOLD> 33,375,017
<NUMBER-OF-SHARES-REDEEMED> (149,088,727)
<SHARES-REINVESTED> 23,713,671
<NET-CHANGE-IN-ASSETS> (223,250,611)
<ACCUMULATED-NII-PRIOR> 1,783,000
<ACCUMULATED-GAINS-PRIOR> (74,093,000)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,399,508
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 8,433,002
<AVERAGE-NET-ASSETS> 427,911,745
<PER-SHARE-NAV-BEGIN> 5.26
<PER-SHARE-NII> .48
<PER-SHARE-GAIN-APPREC> (.72)
<PER-SHARE-DIVIDEND> (.34)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> (.11)
<PER-SHARE-NAV-END> 4.57
<EXPENSE-RATIO> 1.09
</TABLE>
