ASTRA STRATEGIC INVESTMENT SERIES
NSAR-A, 1996-06-24
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<PAGE>      PAGE  1
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<PAGE>      PAGE  2
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  16
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042 D000600   0
042 E000600   0
042 F000600   0
042 G000600   0
042 H000600   0
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<PAGE>      PAGE  20
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048 I020600 0.000
048 J010600        0
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<PAGE>      PAGE  21
073 B000600   0.0000
073 C000600   0.0000
074 A000600        0
074 B000600        0
074 C000600        0
074 D000600        0
074 E000600        0
074 F000600        0
074 G000600        0
074 H000600        0
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074 J000600        0
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074 M000600       13
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074 P000600        0
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074 R030600        0
074 R040600       65
074 S000600        0
074 T000600     1241
074 U010600      397
074 U020600        0
074 V010600     3.13
074 V020600     0.00
074 W000600   0.0000
074 X000600      173
074 Y000600        0
075 A000600        0
075 B000600     3259
076  000600     0.00
028 A010700         0
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028 A030700         0
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028 B010700         0
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028 B030700         0
028 B040700         0
028 C010700         0
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028 C030700         0
028 C040700         0
028 D010700         0
028 D020700         0
028 D030700         0
028 D040700         0
<PAGE>      PAGE  22
028 E010700         0
028 E020700         0
028 E030700         0
028 E040700         0
028 F010700         0
028 F020700         0
028 F030700         0
028 F040700         0
028 G010700         0
028 G020700         2
028 G030700         0
028 G040700       274
028 H000700         0
029  000700 Y
030 A000700      0
030 B000700  0.00
030 C000700  0.00
031 A000700      0
031 B000700      0
032  000700      0
033  000700      0
034  000700 N
035  000700      0
036 B000700      0
037  000700 N
038  000700      0
039  000700 N
040  000700 N
042 A000700   0
042 B000700   0
042 C000700   0
042 D000700   0
042 E000700   0
042 F000700   0
042 G000700   0
042 H000700   0
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<PAGE>      PAGE  23
048 F020700 0.000
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<PAGE>      PAGE  24
072DD020700        0
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074 D000700        0
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<PAGE>      PAGE  25
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028 F040800      2513
028 G010800       432
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028 G040800     18665
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030 B000800  0.00
030 C000800  0.00
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031 B000800      0
032  000800      0
033  000800      0
034  000800 Y
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036 A000800 N
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037  000800 Y
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039  000800 N
040  000800 Y
041  000800 Y
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042 E000800   0
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<PAGE>      PAGE  26
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048 I010800        0
048 I020800 0.000
048 J010800        0
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<PAGE>      PAGE  27
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074 D000800        0
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074 G000800        0
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<PAGE>      PAGE  28
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031 B000900      0
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033  000900      0
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036 A000900 N
036 B000900      0
037  000900 Y
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039  000900 N
040  000900 Y
041  000900 Y
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042 D000900   0
042 E000900   0
042 F000900   0
042 G000900   0
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045  000900 N
<PAGE>      PAGE  29
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048 I020900 0.000
048 J010900        0
048 J020900 0.000
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059  000900 Y
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072 A000900  6
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<PAGE>      PAGE  30
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074 C000900        0
074 D000900        0
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<PAGE>      PAGE  31
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<PAGE>      PAGE  32
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<PAGE>      PAGE  33
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<PAGE>      PAGE  34
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<PAGE>      PAGE  35
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<PAGE>      PAGE  36
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<PAGE>      PAGE  37
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SIGNATURE   WENDY MCGEE                                  
TITLE       LEGAL ASSISTANT     
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000061435
<NAME> ASTRA STRATEGIC INVESTMENT SERIES
<SERIES>
   <NUMBER> 02
   <NAME> ADJUSTABLE US GOVERNMENT SECURITIES TRUST I
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-END>                               APR-30-1996
<INVESTMENTS-AT-COST>                         79829915
<INVESTMENTS-AT-VALUE>                        64984128
<RECEIVABLES>                                   399260
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             92474
<TOTAL-ASSETS>                                65475862
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       639372
<TOTAL-LIABILITIES>                             639372
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     145050943
<SHARES-COMMON-STOCK>                         11857346
<SHARES-COMMON-PRIOR>                         17008720
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          173127
<ACCUMULATED-NET-GAINS>                     (65195539)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    (14845787)
<NET-ASSETS>                                  64836490
<DIVIDEND-INCOME>                              2712420
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000061435
<NAME> ASTRA STRATEGIC INVESTMENT SERIES
<SERIES>
   <NUMBER> 03
   <NAME> ADJUSTABLE US GOVERNMENT SECURITIES TRUST II
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000061435
<NAME> ASTRA STRATEGIC INVESTMENT SERIES
<SERIES>
   <NUMBER> 04
   <NAME> ADJUSTABLE US GOVERNMENT SECURITIES TRUST III
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000061435
<NAME> ASTRA STRATEGIC INVESTMENT SERIES
<SERIES>
   <NUMBER> 05
   <NAME> ADJUSTABLE RATE SECURITIES TRUST I
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000061435
<NAME> ASTRA STRATEGIC INVESTMENT SERIES
<SERIES>
   <NUMBER> 06
   <NAME> ADJUSTABLE RATE SECURITIES TRUST II
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000061435
<NAME> ASTRA STRATEGIC INVESTMENT SERIES
<SERIES>
   <NUMBER> 07
   <NAME> ADJUSTABLE RATE SECURITIES TRUST III
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-END>                               APR-30-1996
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000061435
<NAME> ASTRA STRATEGIC INVESTMENT SERIES
<SERIES>
   <NUMBER> 08
   <NAME> ADJUSTABLE US GOVERNMENT SECURITIES TRUST I-A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000061435
<NAME> ASTRA STRATEGIC INVESTMENT SERIES
<SERIES>
   <NUMBER> 09
   <NAME> ADJUSTABLE RATE SECURITIES TRUST I-A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000061435
<NAME> ASTRA STRATEGIC INVESTMENT SERIES
<SERIES>
   <NUMBER> 10
   <NAME> ADJUSTABLE US GOVERNMENT SECURITIES IV
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000061435
<NAME> ASTRA STRATEGIC INVESTMENT SERIES
<SERIES>
   <NUMBER> 11
   <NAME> ADJUSTABLE RATE SECURITIES TRUST IV
       
<S>                             <C>
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</TABLE>


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