WRIGHT MANAGED INCOME TRUST
NSAR-B, 1998-02-24
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<PAGE>      PAGE  1
000 B000000 12/31/97
000 C000000 715165
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 WRIGHT MANAGED INCOME TRUST
001 B000000 811-3668
001 C000000 6174828260
002 A000000 24 FEDERAL STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02110
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C020100 WRIGHT U.S. TREASURY FUND
007 C030100 N
007 C010200  2
007 C020200 WRIGHT U.S. TREASURY NEAR TERM FUND
007 C030200 N
007 C010300  3
007 C020300 WRIGHT TOTAL RETURN BOND FUND
007 C030300 N
007 C010400  4
007 C020400 WRIGHT CURRENT INCOME FUND
007 C030400 N
007 C010500  5
007 C020500 WRIGHT U.S. TREASURY MONEY MARKET FUND
007 C030500 N
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 WRIGHT INVESTORS' SERVICE
008 B00AA01 A
008 C00AA01 801-02501
008 D01AA01 BRIDGEPORT
008 D02AA01 CT
008 D03AA01 06604
010 A00AA01 EATON VANCE MANAGEMENT
010 B00AA01 801-15930
010 C01AA01 BOSTON
<PAGE>      PAGE  2
010 C02AA01 MA
010 C03AA01 02110
011 A00AA01 WRIGHT INVESTORS' SERVICE DISTRIBUTORS, INC.
011 B00AA01 8-28579
011 C01AA01 BRIDGEPORT
011 C02AA01 CT
011 C03AA01 06604
012 A00AA01 FIRST DATA INVESTORS SERVICES GROUP, INC.
012 B00AA01 85-401761
012 C01AA01 WESTBOROUGH
012 C02AA01 MA
012 C03AA01 01581
012 C04AA01 5123
013 A00AA01 DELOITTE & TOUCHE LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
014 A00AA01 WRIGHT INVESTORS' SERVICE DISTRIBUTORS, INC.
014 B00AA01 8-29579
015 A00AA01 INVESTORS BANK & TRUST
015 B00AA01 C
015 C01AA01 WESTBOROUGH
015 C02AA01 MA
015 C03AA01 02116
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   30
019 C00AA00 WRIGHTFUND
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020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
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022 A000001 AMERICAN EXPRESS CREDIT CORP
022 B000001 C/P
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022 D000001         0
022 A000002 GX CLARKE & CO
022 B000002 13-2969143
022 C000002    222142
022 D000002     53926
022 A000003 SMITH BARNEY INC
022 B000003 13-1912900
022 C000003     70698
<PAGE>      PAGE  3
022 D000003     49754
022 A000004 GE CAPITAL CORP
022 B000004 C/P
022 C000004     96510
022 D000004         0
022 A000005 FUJI SECURITIES
022 B000005 36-2880742
022 C000005     35983
022 D000005     43915
022 A000006 WRIGHT CURRENT INCOME PORTFOLIO
022 C000006     28794
022 D000006     24398
022 A000007 WRIGHT US TREASURY NEAR TERM PORTFOLIO
022 C000007     11543
022 D000007     21171
022 A000008 WRIGHT US TREASURY PORTFOLIO
022 C000008     12236
022 D000008      5089
022 A000009 BEAR STEARNS & CO INC
022 B000009 13-3299429
022 C000009     13285
022 D000009         0
022 A000010 LEHMAN BROTHERS INC
022 B000010 13-2518466
022 C000010      2964
022 D000010         0
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023 D000000     200337
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<PAGE>      PAGE  4
031 A00AA00      0
031 B00AA00      0
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033  00AA00      0
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044  00AA00      0
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054 D00AA00 N
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054 F00AA00 N
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054 K00AA00 N
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066 A00AA00 N
067  00AA00 N
068 A00AA00 N
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080 A00AA00 FEDERAL INSURANCE CO
080 B00AA00 NATIONAL UNION FIRE INSURANCE CO
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082 B00AA00      100
<PAGE>      PAGE  5
083 A00AA00 N
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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070 E020100 N
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070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 Y
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070 L020100 N
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070 M020100 N
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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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050  000200 N
051  000200 N
052  000200 N
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<PAGE>      PAGE  11
070 A010200 Y
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070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
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070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 N
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 N
070 N020400 N
070 O010400 N
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400     16265
071 B000400      1032
071 C000400     67675
071 D000400    2
072 A000400 12
072 B000400     6151
072 C000400        0
072 D000400        0
072 E000400     -293
072 F000400       95
072 G000400       83
072 H000400        0
072 I000400       21
072 J000400       23
072 K000400        0
072 L000400        2
072 M000400        2
072 N000400       15
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072 P000400        0
072 Q000400        0
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072 S000400        3
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<PAGE>      PAGE  20
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072 V000400        0
072 W000400        8
072 X000400      443
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072 Z000400     5415
072AA000400        0
072BB000400       98
072CC010400     2131
072CC020400        0
072DD010400     4765
072DD020400      616
072EE000400        0
073 A010400   0.6640
073 A020400   0.3130
073 B000400   0.0000
073 C000400   0.0000
074 A000400        0
074 B000400        0
074 C000400        0
074 D000400        0
074 E000400        0
074 F000400        0
074 G000400        0
074 H000400        0
074 I000400    97765
074 J000400        0
074 K000400        0
074 L000400      442
074 M000400        0
074 N000400    98207
074 O000400        0
074 P000400        4
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400      185
074 S000400        0
074 T000400    98018
074 U010400     7167
074 U020400     2155
074 V010400    10.63
074 V020400    10.12
074 W000400   0.0000
074 X000400      257
074 Y000400        0
075 A000400        0
075 B000400    84885
076  000400     0.00
028 A010500     22957
<PAGE>      PAGE  21
028 A020500       216
028 A030500         0
028 A040500     17097
028 B010500     17437
028 B020500       238
028 B030500         0
028 B040500     18948
028 C010500     18357
028 C020500       244
028 C030500         0
028 C040500     20459
028 D010500     20548
028 D020500       231
028 D030500         0
028 D040500     24975
028 E010500     16040
028 E020500         0
028 E030500         0
028 E040500     15729
028 F010500     18648
028 F020500         0
028 F030500         0
028 F040500     21940
028 G010500    113987
028 G020500       929
028 G030500         0
028 G040500    119148
028 H000500         0
037  000500 N
038  000500      0
039  000500 N
040  000500 N
041  000500 N
045  000500 Y
046  000500 N
047  000500 Y
048  000500  0.000
048 A010500   100000
048 A020500 0.350
048 B010500   150000
048 B020500 0.320
048 C010500   250000
048 C020500 0.320
048 D010500   500000
048 D020500 0.300
048 E010500        0
048 E020500 0.000
048 F010500        0
048 F020500 0.000
048 G010500        0
048 G020500 0.000
<PAGE>      PAGE  22
048 H010500        0
048 H020500 0.000
048 I010500        0
048 I020500 0.000
048 J010500        0
048 J020500 0.000
048 K010500        0
048 K020500 0.000
049  000500 N
050  000500 N
051  000500 N
052  000500 N
053 A000500 Y
053 B000500 N
053 C000500 Y
058 A000500 N
059  000500 Y
060 A000500 N
060 B000500 N
061  000500     1000
062 A000500 Y
062 B000500 100.1
062 C000500   0.0
062 D000500   0.0
062 E000500   0.0
062 F000500   0.0
062 G000500   0.0
062 H000500   0.0
062 I000500   0.0
062 J000500   0.0
062 K000500   0.0
062 L000500  -0.1
062 M000500   0.0
062 N000500   0.0
062 O000500   0.0
062 P000500   0.0
062 Q000500   0.0
062 R000500   0.0
063 A000500  82
063 B000500  0.0
064 A000500 N
070 A010500 N
070 A020500 N
070 B010500 N
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
<PAGE>      PAGE  23
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 N
070 J020500 N
070 K010500 N
070 K020500 N
070 L010500 N
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 N
070 N020500 N
070 O010500 N
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500         0
071 B000500         0
071 C000500         0
071 D000500    0
072 A000500 12
072 B000500     4909
072 C000500        0
072 D000500        0
072 E000500        0
072 F000500      329
072 G000500       66
072 H000500        0
072 I000500       37
072 J000500       26
072 K000500        0
072 L000500        3
072 M000500        2
072 N000500       22
072 O000500        0
072 P000500        0
072 Q000500        0
072 R000500       21
072 S000500        3
072 T000500        0
072 U000500        0
<PAGE>      PAGE  24
072 V000500        0
072 W000500       45
072 X000500      554
072 Y000500      131
072 Z000500     4486
072AA000500        0
072BB000500        6
072CC010500        0
072CC020500        0
072DD010500     4486
072DD020500        0
072EE000500        0
073 A010500   0.4739
073 A020500   0.0000
073 B000500   0.0000
073 C000500   0.0000
074 A000500       35
074 B000500        0
074 C000500    87118
074 D000500        0
074 E000500        0
074 F000500        0
074 G000500        0
074 H000500        0
074 I000500        0
074 J000500        0
074 K000500        0
074 L000500      113
074 M000500        0
074 N000500    87266
074 O000500        0
074 P000500        0
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500      207
074 S000500        0
074 T000500    87059
074 U010500    87059
074 U020500        0
074 V010500     0.00
074 V020500     0.00
074 W000500   1.0000
074 X000500     1011
074 Y000500        0
075 A000500    94658
075 B000500        0
076  000500     0.00
SIGNATURE   WILLIAM J. AUSTIN, JR.                       
TITLE       ASST. TREASURER     
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000715165
<NAME> WRIGHT MANAGED INCOME TRUST
<SERIES>
   <NUMBER> 1
   <NAME> WRIGHT US TREASURY FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                       71,853,970
<INVESTMENTS-AT-VALUE>                      74,538,487
<RECEIVABLES>                                   24,173
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              74,562,660
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      404,603
<TOTAL-LIABILITIES>                            404,603
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    71,378,031
<SHARES-COMMON-STOCK>                        5,316,433
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                      105,524
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (10,015)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     2,684,517
<NET-ASSETS>                                74,158,057
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            2,929,798
<OTHER-INCOME>                               (183,350)
<EXPENSES-NET>                                 368,199
<NET-INVESTMENT-INCOME>                      3,378,249
<REALIZED-GAINS-CURRENT>                      (10,016)
<APPREC-INCREASE-CURRENT>                    2,443,170
<NET-CHANGE-FROM-OPS>                        5,811,403
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    3,277,052
<DISTRIBUTIONS-OF-GAINS>                       460,984
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,939,601
<NUMBER-OF-SHARES-REDEEMED>                    877,670
<SHARES-REINVESTED>                            206,797
<NET-CHANGE-IN-ASSETS>                      19,180,108
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           73,974
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                368,199
<AVERAGE-NET-ASSETS>                        63,263,170
<PER-SHARE-NAV-BEGIN>                            13.58
<PER-SHARE-NII>                                  0.721
<PER-SHARE-GAIN-APPREC>                          0.462
<PER-SHARE-DIVIDEND>                           (0.703)
<PER-SHARE-DISTRIBUTIONS>                      (0.110)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.95
<EXPENSE-RATIO>                                    1.0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000715165
<NAME> WRIGHT MANAGED INCOME TRUST
<SERIES>
   <NUMBER> 2
   <NAME> WRIGHT US TREASURY NEAR TERM FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                      101,882,534
<INVESTMENTS-AT-VALUE>                     102,861,429
<RECEIVABLES>                                   23,293
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             102,884,722
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      319,926
<TOTAL-LIABILITIES>                            319,926
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   119,624,897
<SHARES-COMMON-STOCK>                       10,016,288
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                      228,999
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                   (18,267,995)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       978,895
<NET-ASSETS>                               102,564,796
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            7,723,174
<OTHER-INCOME>                               (332,329)
<EXPENSES-NET>                                 668,638
<NET-INVESTMENT-INCOME>                      6,722,207
<REALIZED-GAINS-CURRENT>                     (189,969)
<APPREC-INCREASE-CURRENT>                     (21,256)
<NET-CHANGE-FROM-OPS>                        6,510,982
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    6,658,751
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,912,458
<NUMBER-OF-SHARES-REDEEMED>                  4,968,090
<SHARES-REINVESTED>                            351,009
<NET-CHANGE-IN-ASSETS>                    (27,760,238)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          172,837
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                668,638
<AVERAGE-NET-ASSETS>                       115,518,523
<PER-SHARE-NAV-BEGIN>                            10.24
<PER-SHARE-NII>                                  0.599
<PER-SHARE-GAIN-APPREC>                        (0.010)
<PER-SHARE-DIVIDEND>                           (0.589)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.24
<EXPENSE-RATIO>                                   0.90
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000715165
<NAME> WRIGHT MANAGED INCOME TRUST
<SERIES>
   <NUMBER> 3
   <NAME> WRIGHT TOTAL RETURN BOND FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                       76,312,800
<INVESTMENTS-AT-VALUE>                      78,908,056
<RECEIVABLES>                                1,194,794
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             4,971
<TOTAL-ASSETS>                              80,107,821
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      104,158
<TOTAL-LIABILITIES>                            104,158
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    77,114,605
<SHARES-COMMON-STOCK>                        6,186,035
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       84,842
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        208,960
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     2,595,256
<NET-ASSETS>                                80,003,663
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 697,047
<NET-INVESTMENT-INCOME>                      4,482,734
<REALIZED-GAINS-CURRENT>                       208,959
<APPREC-INCREASE-CURRENT>                    2,451,993
<NET-CHANGE-FROM-OPS>                        7,143,686
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    4,473,380
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        565,212
<NUMBER-OF-SHARES-REDEEMED>                  1,957,795
<SHARES-REINVESTED>                            265,206
<NET-CHANGE-IN-ASSETS>                    (14,068,274)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          326,326
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                697,047
<AVERAGE-NET-ASSETS>                        81,550,688
<PER-SHARE-NAV-BEGIN>                            12.50
<PER-SHARE-NII>                                  0.690
<PER-SHARE-GAIN-APPREC>                          0.427
<PER-SHARE-DIVIDEND>                           (0.687)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.93
<EXPENSE-RATIO>                                    0.9
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000715165
<NAME> WRIGHT MANAGED INCOME TRUST
<SERIES>
   <NUMBER> 4
   <NAME> WRIGHT CURRENT INCOME FUND - STANDARD SHARES
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                       96,029,556
<INVESTMENTS-AT-VALUE>                      97,765,377
<RECEIVABLES>                                  441,746
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              98,207,123
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      188,852
<TOTAL-LIABILITIES>                            188,852
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    97,429,317
<SHARES-COMMON-STOCK>                        7,167,318
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                    (100,084)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (1,046,783)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,735,821
<NET-ASSETS>                                76,217,188
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            6,151,433
<OTHER-INCOME>                               (292,671)
<EXPENSES-NET>                                 442,904
<NET-INVESTMENT-INCOME>                      5,415,858
<REALIZED-GAINS-CURRENT>                      (98,264)
<APPREC-INCREASE-CURRENT>                    2,131,195
<NET-CHANGE-FROM-OPS>                        7,448,789
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    4,764,576
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      3,537,930
<NUMBER-OF-SHARES-REDEEMED>                  2,892,503
<SHARES-REINVESTED>                            323,638
<NET-CHANGE-IN-ASSETS>                    (21,576,017)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           94,877
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                442,904
<AVERAGE-NET-ASSETS>                        75,240,687
<PER-SHARE-NAV-BEGIN>                            10.43
<PER-SHARE-NII>                                  0.658
<PER-SHARE-GAIN-APPREC>                          0.206
<PER-SHARE-DIVIDEND>                           (0.664)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.63
<EXPENSE-RATIO>                                    0.9
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000715165
<NAME> WRIGHT MANAGED INCOME TRUST
<SERIES>
   <NUMBER> 4
   <NAME> WRIGHT CURRENT INCOME FUND - INSTITUTIONAL SHARES
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                       96,029,556
<INVESTMENTS-AT-VALUE>                      97,765,377
<RECEIVABLES>                                  441,746
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              98,207,123
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      188,852
<TOTAL-LIABILITIES>                            188,852
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    97,429,317
<SHARES-COMMON-STOCK>                        2,155,060
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                    (100,084)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (1,046,783)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,735,821
<NET-ASSETS>                                21,801,083
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            6,151,433
<OTHER-INCOME>                               (292,671)
<EXPENSES-NET>                                 442,904
<NET-INVESTMENT-INCOME>                      5,415,858
<REALIZED-GAINS-CURRENT>                      (98,264)
<APPREC-INCREASE-CURRENT>                    2,131,195
<NET-CHANGE-FROM-OPS>                        7,448,789
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (615,830)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      2,093,926
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                             61,134
<NET-CHANGE-IN-ASSETS>                       9,750,000
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           94,877
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                442,904
<AVERAGE-NET-ASSETS>                        19,647,332
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                  0.313
<PER-SHARE-GAIN-APPREC>                          0.120
<PER-SHARE-DIVIDEND>                           (0.313)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.12
<EXPENSE-RATIO>                                    0.5
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000715165
<NAME> WRIGHT MANAGED INCOME TRUST
<SERIES>
   <NUMBER> 5
   <NAME> WRIGHT US TREASURY MONEY MARKET FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                       87,118,234
<INVESTMENTS-AT-VALUE>                      87,118,234
<RECEIVABLES>                                  113,249
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            34,732
<TOTAL-ASSETS>                              87,266,216
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