NORTHEAST INVESTORS TRUST
NSAR-B, EX-27, 2000-12-29
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<TABLE> <S> <C>


<ARTICLE>                      6


<S>                                               <C>
<PERIOD-START>                                 OCT-01-1999
<PERIOD-TYPE>                                  12-mos
<FISCAL-YEAR-END>                              SEP-30-2000
<PERIOD-END>                                   SEP-30-2000
<INVESTMENTS-AT-COST>                          1,942,355,581
<INVESTMENTS-AT-VALUE>                         1,616,415,736
<RECEIVABLES>                                  46,260,284
<ASSETS-OTHER>                                 0
<OTHER-ITEMS-ASSETS>                           0
<TOTAL-ASSETS>                                 1,562,676,020
<PAYABLE-FOR-SECURITIES>                       0
<SENIOR-LONG-TERM-DEBT>                        0
<OTHER-ITEMS-LIABILITIES>                      132,083,578
<TOTAL-LIABILITIES>                            132,083,578
<SENIOR-EQUITY>                                0
<PAID-IN-CAPITAL-COMMON>                       1,698,883,588
<SHARES-COMMON-STOCK>                          157,648,926
<SHARES-COMMON-PRIOR>                          0
<ACCUMULATED-NII-CURRENT>                      5,776,392
<OVERDISTRIBUTION-NII>                         0
<ACCUMULATED-NET-GAINS>                        0
<OVERDISTRIBUTION-GAINS>                       5776619
<ACCUM-APPREC-OR-DEPREC>                       425939845
<NET-ASSETS>                                   1,430,592,442
<DIVIDEND-INCOME>                              5,655,786
<INTEREST-INCOME>                              193,991,715
<OTHER-INCOME>                                 773,616
<EXPENSES-NET>                                 20,173,668
<NET-INVESTMENT-INCOME>                        180,247,449
<REALIZED-GAINS-CURRENT>                       (4,100,144)
<APPREC-INCREASE-CURRENT>                      (160,650,262)
<NET-CHANGE-FROM-OPS>                          15,497,043
<EQUALIZATION>                                 0
<DISTRIBUTIONS-OF-INCOME>                      198,112,674
<DISTRIBUTIONS-OF-GAINS>                       0
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        74,791,378
<NUMBER-OF-SHARES-REDEEMED>                    135,520,677
<SHARES-REINVESTED>                            14,068,805
<NET-CHANGE-IN-ASSETS>                         (628,514,977)
<ACCUMULATED-NII-PRIOR>                        23,981,797
<ACCUMULATED-GAINS-PRIOR>                      0
<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     (511,134)
<GROSS-ADVISORY-FEES>                          7,885,532
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<GROSS-EXPENSE>                                20,173,668
<AVERAGE-NET-ASSETS>                           1,826,649,392
<PER-SHARE-NAV-BEGIN>                          10.08
<PER-SHARE-NII>                                1.02
<PER-SHARE-GAIN-APPREC>                        (.90)
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<PER-SHARE-DISTRIBUTIONS>                      0
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            9.08
<EXPENSE-RATIO>                                1.22





</TABLE>


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