<PAGE> PAGE 1
000 A000000 06/30/95
000 C000000 354472
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 SCUDDER FUNDS TRUST
001 B000000 811-3229
001 C000000 6172952567
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 SHORT TERM BOND FUND
007 C030100 N
007 C010200 2
007 C010300 3
007 C010400 4
007 C020400 SCUDDER ZERO COUPON 2000 FUND
007 C030400 N
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
013 A00AA01 COOPERS & LYBRAND L.L.P.
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
020 A000001 MERRILL LYNCH PIERCE FENNER
020 C000001 138
020 A000002 J.P. MORGAN SECURITIES
020 C000002 14
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
<PAGE> PAGE 2
020 C000009 0
020 C000010 0
021 000000 152
022 A000001 SMITH BARNEY INC.
022 C000001 98763
022 D000001 0
022 A000002 GENERAL MOTORS ACCEPTANCE CORP.
022 C000002 39875
022 D000002 0
022 A000003 SMITH BARNEY SHEARSON INC.
022 C000003 0
022 D000003 16683
022 A000004 HENRY COOK LUMSDEN, LTD. (LDN)
022 C000004 7000
022 D000004 0
022 A000005 LEHMAN BROS. INC.
022 C000005 6839
022 D000005 0
022 C000006 0
022 D000006 0
022 C000007 0
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 164332
023 D000000 29102
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 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
015 A000101 STATE STREET BANK & TRUST CO.
015 B000101 C
015 C010101 BOSTON
015 C020101 MA
015 C030101 02101
<PAGE> PAGE 3
015 E010101 X
015 A000102 STATE STREET LONDON LIMITED
015 B000102 S
015 C010102 LONDON
015 D010102 UNITED KINGDOM
015 E040102 X
015 A000103 CITIBANK, N.A.
015 B000103 S
015 C010103 BUENOS AIRES
015 D010103 ARGENTINA
015 E040103 X
015 A000104 WESTPAC BANKING CORPORATION
015 B000104 S
015 C010104 SIDNEY
015 D010104 AUSTRALIA
015 E040104 X
015 A000105 GIROCREDIT BANK AKTIENGESELLSCHAFT DER SPARKA
015 B000105 S
015 C010105 VIENNA
015 D010105 AUSTRIA
015 E040105 X
015 A000106 GENERALE BANK
015 B000106 S
015 C010106 BRUSSELS
015 D010106 BELGIUM
015 E040106 X
015 A000107 FIRST NAT.BANK OF BOSTON BANCO DE BOSTON(ADM)
015 B000107 S
015 C010107 SAO PAULO
015 D010107 BRAZIL
015 E040107 X
015 A000108 CANADA TRUSTCO MORTGAGE COMPANY
015 B000108 S
015 C010108 TORONTO
015 D010108 CANADA
015 E040108 X
015 A000109 CITIBANK, N.A.
015 B000109 S
015 C010109 SANTIAGO
015 D010109 CHILE
015 E040109 X
015 A000110 CITITRUST COLOMBIA S.A. SOCIEDAD FIDUCIARIA
015 B000110 S
015 C010110 BOGOTA
015 D010110 COLOMBIA
015 E040110 X
015 A000111 DEN DANSKE BANK
015 B000111 S
015 C010111 COPENHAGEN
015 D010111 DENMARK
015 E040111 X
<PAGE> PAGE 4
015 A000112 KANSALLIS-OSAKE PANKKI
015 B000112 S
015 C010112 HELSINKI
015 D010112 FINLAND
015 E040112 X
015 A000113 BANQUE PARIBAS
015 B000113 S
015 C010113 PARIS
015 D010113 FRANCE
015 E040113 X
015 A000114 BERLINER HANDELS-UND FRANKFURTER BANK
015 B000114 S
015 C010114 FRANKFURT
015 D010114 GERMANY
015 E040114 X
015 A000115 NATIONAL BANK OF GREECE, S.A.
015 B000115 S
015 C010115 ATHENS
015 D010115 GREECE
015 E040115 X
015 A000116 STANDARD CHARTERED BANK
015 B000116 S
015 C010116 HONG KONG
015 D010116 HONG KONG
015 E040116 X
015 A000117 THE HONG KONG AND SHANGHAI BANKING CO. LTD.
015 B000117 S
015 C010117 BOMBAY
015 D010117 INDIA
015 E040117 X
015 A000118 STANDARD CHARTERED BANK
015 B000118 S
015 C010118 JAKARTA
015 D010118 INDONESIA
015 E040118 X
015 A000119 BANK OF IRELAND
015 B000119 S
015 C010119 DUBLIN
015 D010119 IRELAND
015 E040119 X
015 A000120 BANK HAPOALIM B.M.
015 B000120 S
015 C010120 TEL AVIV
015 D010120 ISRAEL
015 E040120 X
015 A000121 MORGAN GUARANTY TRUST COMPANY
015 B000121 S
015 C010121 MILAN
015 D010121 ITALY
015 E040121 X
015 A000122 SUMITOMO TRUST & BANKING COMPANY LIMITED
<PAGE> PAGE 5
015 B000122 S
015 C010122 TOKYO
015 D010122 JAPAN
015 E040122 X
015 A000123 CITIBANK, N.A.
015 B000123 S
015 C010123 SEOUL
015 D010123 KOREA
015 E040123 X
015 A000124 STANDARD CHARTERED BANK
015 B000124 S
015 C010124 KUALA LUMPUR
015 D010124 MALAYSIA
015 E040124 X
015 A000125 CITIBANK N.A.
015 B000125 S
015 C010125 MEXICO CITY
015 D010125 MEXICO
015 E040125 X
015 A000126 MEESPIERSON N.V.
015 B000126 S
015 C010126 AMSTERDAM
015 D010126 NETHERLANDS
015 E040126 X
015 A000127 ANZ BANKING GROUP LIMITED
015 B000127 S
015 C010127 WELLINGTON
015 D010127 NEW ZEALAND
015 E040127 X
015 A000128 CHRISTIANIA BANK OG KREDITKASSE
015 B000128 S
015 C010128 OSLO
015 D010128 NORWAY
015 E040128 X
015 A000129 DEUTSCHE BANK AG
015 B000129 S
015 C010129 KARACHI
015 D010129 PAKISTAN
015 E040129 X
015 A000130 CITIBANK, N.A.
015 B000130 S
015 C010130 LIMA
015 D010130 PERU
015 E040130 X
015 A000131 STANDARD CHARTERED BANK
015 B000131 S
015 C010131 MANILA
015 D010131 PHILIPPINES
015 E040131 X
015 A000132 CITIBANK POLAND, S.A.
015 B000132 S
<PAGE> PAGE 6
015 C010132 WARSAW
015 D010132 POLAND
015 E040132 X
015 A000133 BANCO COMERCIAL PORTUGUES
015 B000133 S
015 C010133 LISBON
015 D010133 PORTUGAL
015 E040133 X
015 A000134 THE DEVELOPMENT BANK OF SINGAPORE, LTD.
015 B000134 S
015 C010134 SINGAPORE
015 D010134 SINGAPORE
015 E040134 X
015 A000135 BANCO SANTANDER, S.A.
015 B000135 S
015 C010135 MADRID
015 D010135 SPAIN
015 E040135 X
015 A000136 THE HONG KONG AND SHANGHAI BANKING CORP. LTD.
015 B000136 S
015 C010136 COLOMBO
015 D010136 SRI LANKA
015 E040136 X
015 A000137 SKANDINAVISKA ENSKILDA BANKEN
015 B000137 S
015 C010137 STOCKHOLM
015 D010137 SWEDEN
015 E040137 X
015 A000138 UNION BANK OF SWITZERLAND
015 B000138 S
015 C010138 ZURICH
015 D010138 SWITZERLAND
015 E040138 X
015 A000139 CENTRAL TRUST OF CHINA
015 B000139 S
015 C010139 TAIPEI
015 D010139 TAIWAN
015 E040139 X
015 A000140 STANDARD CHARTERED BANK
015 B000140 S
015 C010140 BANGKOK
015 D010140 THAILAND
015 E040140 X
015 A000141 STATE STREET BANK AND TRUST COMPANY
015 B000141 S
015 C010141 XXXXX
015 D010141 TRANSNATIONAL
015 E040141 X
015 A000142 CITIBANK, N.A.
015 B000142 S
015 C010142 ISTANBUL
<PAGE> PAGE 7
015 D010142 TURKEY
015 E040142 X
015 A000143 STATE STREET BANK & TRUST COMPANY
015 B000143 S
015 C010143 LONDON
015 D010143 UNITED KINGDOM
015 E040143 X
015 A000144 CITIBANK, N.A.
015 B000144 S
015 C010144 MONTEVIDEO
015 D010144 URUGUAY
015 E040144 X
015 A000145 CITIBANK, N.A.
015 B000145 S
015 C010145 CARACAS
015 D010145 VENEZUELA
015 E040145 X
015 A000146 STANDARD CHARTERED BANK
015 B000146 S
015 C010146 DHAKA
015 D010146 BANGLADESH
015 E040146 X
015 A000147 BARCLAYS BANK OF BOTSWANA LIMITED
015 B000147 S
015 C010147 GABORONE
015 D010147 BOTSWANA
015 E040147 X
015 A000148 THE HONG KONG & SHANGHAI BANKING CORP. LTD.
015 B000148 S
015 C010148 SHANGHAI
015 D010148 CHINA
015 E040148 X
015 A000149 BARCLAYS BANK PLC
015 B000149 S
015 C010149 NICOSIA
015 D010149 CYPRUS
015 E040149 X
015 A000150 CESKOSLOVENSKA OBCHODNI BANKA A.S.
015 B000150 S
015 C010150 PRAGUE
015 D010150 CZECH REPUBLIC
015 E040150 X
015 A000151 BARCLAYS BANK OF GHANA LIMITED
015 B000151 S
015 C010151 ACCRA
015 D010151 GHANA
015 E040151 X
015 A000152 CITIBANK BUDAPEST RT.
015 B000152 S
015 C010152 BUDAPEST
015 D010152 HUNGARY
<PAGE> PAGE 8
015 E040152 X
015 A000153 BARCLAYS BANK OF KENYA LIMITED
015 B000153 S
015 C010153 NAIROBI
015 D010153 KENYA
015 E040153 X
015 A000154 STANDARD BANK OF SOUTH AFRICA
015 B000154 S
015 C010154 JOHANNESBURG
015 D010154 SOUTH AFRICA
015 E040154 X
015 A000155 BARCLAYS BANK OF SWAZILAND, LIMITED
015 B000155 S
015 C010155 MBABANE
015 D010155 SWAZILAND
015 E040155 X
015 A000156 BARCLAYS BANK OF ZAMBIA LIMITED
015 B000156 S
015 C010156 LUSAKA
015 D010156 ZAMBIA
015 E040156 X
015 A000157 BARCLAYS BANK OF ZIMBABWE LIMITED
015 B000157 S
015 C010157 HARARE
015 D010157 ZIMBABWE
015 E040157 X
028 A010100 34003
028 A020100 8347
028 A030100 0
028 A040100 126298
028 B010100 44250
028 B020100 7699
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028 B040100 88286
028 C010100 45212
028 C020100 8074
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028 C040100 88046
028 D010100 39739
028 D020100 7894
028 D030100 0
028 D040100 73764
028 E010100 39267
028 E020100 7812
028 E030100 0
028 E040100 72841
028 F010100 33476
028 F020100 8190
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028 G010100 235947
<PAGE> PAGE 9
028 G020100 48016
028 G030100 0
028 G040100 507158
028 H000100 283963
062 A000100 Y
062 B000100 0.0
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062 H000100 0.0
062 I000100 0.6
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062 N000100 26.2
062 O000100 0.3
062 P000100 16.5
062 Q000100 56.4
062 R000100 0.0
063 A000100 0
063 B000100 3.0
064 A000100 N
064 B000100 N
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 Y
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 Y
070 H010100 Y
070 H020100 N
070 I010100 Y
070 I020100 Y
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 Y
<PAGE> PAGE 10
070 M020100 Y
070 N010100 Y
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 838675
071 B000100 798833
071 C000100 1903581
071 D000100 84
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<PAGE> PAGE 11
073 C000100 0.0000
074 A000100 191
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074 D000100 1936690
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076 000100 0.00
028 A010400 111
028 A020400 0
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<PAGE> PAGE 12
028 E020400 0
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062 A000400 Y
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064 A000400 N
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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SIGNATURE THOMAS F. MCDONOUGH
TITLE SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Short Term Bond Fund Semiannual Report for the period ended June 30, 1995 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER>1
<NAME>Scudder Short Term Bond Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> $1,960,303,668
<INVESTMENTS-AT-VALUE> $1,949,313,092
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<OTHER-ITEMS-LIABILITIES> $6,328,989
<TOTAL-LIABILITIES> $6,328,989
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> $2,094,641,417
<SHARES-COMMON-STOCK> 175,374,610
<SHARES-COMMON-PRIOR> 195,776,523
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> $(121,802,567)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> $(10,990,576)
<NET-ASSETS> $1,961,848,274
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> $71,170,313
<OTHER-INCOME> 0
<EXPENSES-NET> $7,520,367
<NET-INVESTMENT-INCOME> $63,649,946
<REALIZED-GAINS-CURRENT> $(78,346,002)
<APPREC-INCREASE-CURRENT> $127,452,914
<NET-CHANGE-FROM-OPS> $112,756,858
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> $(63,649,946)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 21,468,281
<NUMBER-OF-SHARES-REDEEMED> (46,228,712)
<SHARES-REINVESTED> 4,358,518
<NET-CHANGE-IN-ASSETS> $(174,088,461)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> $(43,456,565)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> $4,969,178
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> $7,520,367
<AVERAGE-NET-ASSETS> $2,006,689,818
<PER-SHARE-NAV-BEGIN> $10.91
<PER-SHARE-NII> $0.35
<PER-SHARE-GAIN-APPREC> $0.28
<PER-SHARE-DIVIDEND> $(0.35)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> $11.19
<EXPENSE-RATIO> .76
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Zero Coupon 2000 Fund Semiannual Report for the period ended June 30, 1995 and
is qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER>4
<NAME>Scudder Zero Coupon 2000 Fund
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-START> JAN-01-1995
<PERIOD-END> JUN-30-1995
<INVESTMENTS-AT-COST> $26,316,872
<INVESTMENTS-AT-VALUE> $27,466,386
<RECEIVABLES> $11,152
<ASSETS-OTHER> $595
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> $27,478,133
<PAYABLE-FOR-SECURITIES> 0
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<OTHER-ITEMS-LIABILITIES> $59,999
<TOTAL-LIABILITIES> $59,999
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> $27,098,327
<SHARES-COMMON-STOCK> 2,286,685
<SHARES-COMMON-PRIOR> 2,271,921
<ACCUMULATED-NII-CURRENT> $732,036
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<NET-INVESTMENT-INCOME> $759,170
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<NUMBER-OF-SHARES-SOLD> 536,885
<NUMBER-OF-SHARES-REDEEMED> (580,053)
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<NET-CHANGE-IN-ASSETS> $2,550,101
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<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> $196,792
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</TABLE>
