STATE STREET RESEARCH INCOME TRUST
NSAR-A, 1996-11-26
Previous: HILLS STORES CO /DE/, 8-K, 1996-11-26
Next: CORNERCAP GROUP OF FUNDS /VA/, NSAR-A, 1996-11-26



<PAGE>      PAGE  1
000 A000000 09/30/96
000 C000000 787980
000 D000000 N
000 E000000 F
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 STATE STREET RESEARCH INCOME TRUST
001 B000000 811-4559
001 C000000 6173577800
002 A000000 ONE FINANCIAL CENTER
002 B000000 BOSTON
002 C000000 MA
002 D010000 02111
002 D020000 2690
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 STATE STREET RESEARCH HIGH INCOME FUND
007 C030100 N
007 C010200  2
007 C010300  3
007 C020300 STATE STREET RESEARCH MANAGED ASSETS
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
014 A00AA01 METLIFE SECURITIES, INC.
014 B00AA01 8-30447
014 A00AA02 STATE STREET RESEARCH INVESTMENT SERVICES INC
014 B00AA02 8-35442
014 A00AA03 METRIC CAPITAL CORP.
014 B00AA03 8-16829
014 A00AA04 METROPOLITAN LIFE INSURANCE CO.
014 B00AA04 8-14901
014 A00AA05 DELETE
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   22
019 C00AA00 STATESTRES
020 A000001 MORGAN STANLEY & CO. INC
<PAGE>      PAGE  2
020 B000001 13-2655998
020 C000001     63
020 A000002 LAZARD FRERES & CO.
020 B000002 13-5545100
020 C000002     63
020 A000003 UBS SECURITIES, INC.
020 B000003 13-2932996
020 C000003     51
020 A000004 JAMES CAPEL & CO.
020 C000004     31
020 A000005 BT SECURITIES CORP.
020 C000005     27
020 A000006 SANFORD C. BERNSTEIN & CO.
020 B000006 13-2625874
020 C000006     21
020 A000007 SMITH BARNEY INC.
020 B000007 13-1912900
020 C000007     21
020 A000008 SALOMON BROTHERS, INC.
020 B000008 13-3082694
020 C000008     16
020 A000009 GOLDMAN SACHS & CO.
020 B000009 13-5108880
020 C000009     16
020 A000010 MONTGOMERY SECURITIES
020 B000010 94-1701676
020 C000010     15
021  000000      682
022 A000001 AMERICAN EXPRESS CREDIT CORP
022 C000001    632930
022 D000001         0
022 A000002 FORD MOTOR CREDIT CO.
022 C000002    507973
022 D000002         0
022 A000003 STATE STREET BANK & TRUST CO.
022 C000003    185465
022 D000003         0
022 A000004 GENERAL ELECTRIC CAPITAL CORP.
022 C000004    168321
022 D000004         0
022 A000005 BENEFICIAL CORP.
022 C000005    103398
022 D000005         0
022 A000006 MERRILL LYNCH PIERCE FENNER & SMITH, INC.
022 B000006 13-5674085
022 C000006     83628
022 D000006         0
022 A000007 CHEVRON OIL FINANCE CO.
022 C000007     63335
022 D000007         0
022 A000008 ASSOCIATES CORP OF NORTH AMERICA
<PAGE>      PAGE  3
022 C000008     50729
022 D000008         0
022 A000009 COMMERCIAL CREDIT CO.
022 C000009     44031
022 D000009         0
022 A000010 HOUSEHOLD FINANCE CORP.
022 C000010     43312
022 D000010         0
023 C000000    3823790
023 D000000     101700
024  00AA00 Y
025 A00AA01 LEHMAN BROTHERS, INC.
025 B00AA01 13-2518466
025 C00AA01 D
025 D00AA01   19199
025 D00AA02       0
025 D00AA03       0
025 D00AA04       0
025 D00AA05       0
025 D00AA06       0
025 D00AA07       0
025 D00AA08       0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
077 A000000 Y
077 B000000 N
077 C000000 Y
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
077 Q010000 N
077 Q020000 N
077 Q030000 N
078  000000 N
<PAGE>      PAGE  4
080 A00AA00 FEDERAL INSURANCE COMPANY
080 C00AA00    15000
081 A00AA00 Y
081 B00AA00  25
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
028 A010100     16283
028 A020100      3722
028 A030100         0
028 A040100     16220
028 B010100     16778
028 B020100      3728
028 B030100         0
028 B040100     16250
028 C010100     13269
028 C020100      3740
028 C030100         0
028 C040100     13114
028 D010100     17896
028 D020100      3751
028 D030100         0
028 D040100     14266
028 E010100     18152
028 E020100      3755
028 E030100         0
028 E040100     11560
028 F010100     16757
028 F020100      4709
028 F030100         0
028 F040100     10653
028 G010100     99135
028 G020100     23405
028 G030100         0
<PAGE>      PAGE  5
028 G040100     82063
028 H000100     36793
029  000100 Y
030 A000100   1217
030 B000100  4.50
030 C000100  0.00
031 A000100    144
031 B000100      0
032  000100    217
033  000100    856
034  000100 Y
035  000100    254
036 A000100 N
036 B000100      0
037  000100 N
038  000100      0
039  000100 N
040  000100 Y
041  000100 Y
042 A000100   0
042 B000100   0
042 C000100   0
042 D000100 100
042 E000100   0
042 F000100   0
042 G000100   0
042 H000100   0
043  000100   1906
044  000100    548
062 A000100 Y
062 B000100   0.0
062 C000100   0.0
062 D000100   0.0
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100   5.4
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100  77.8
062 Q000100   0.0
062 R000100  16.8
063 A000100   0
063 B000100  5.6
066 A000100 N
067  000100 N
<PAGE>      PAGE  6
068 A000100 N
068 B000100 N
069  000100 N
071 A000100    491304
071 B000100    469236
071 C000100    823221
071 D000100   57
072 A000100  6
072 B000100    42747
072 C000100     2668
072 D000100        0
072 E000100        0
072 F000100     2830
072 G000100        0
072 H000100        0
072 I000100      637
072 J000100      100
072 K000100        0
072 L000100       66
072 M000100       15
072 N000100       34
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100       25
072 S000100        0
072 T000100     1906
072 U000100        0
072 V000100        0
072 W000100       25
072 X000100     5638
072 Y000100        0
072 Z000100    39777
072AA000100        0
072BB000100     3417
072CC010100    28391
072CC020100        0
072DD010100    37126
072DD020100        0
072EE000100        0
073 A010100   0.2700
073 A020100   0.2400
073 B000100   0.0000
073 C000100   0.0000
074 A000100        0
074 B000100        0
074 C000100    49822
074 D000100   714931
074 E000100   125108
074 F000100    29751
074 G000100        0
<PAGE>      PAGE  7
074 H000100        0
074 I000100        0
074 J000100     6631
074 K000100        0
074 L000100    18055
074 M000100       49
074 N000100   944347
074 O000100    20611
074 P000100     1353
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     2970
074 S000100        0
074 T000100   919413
074 U010100   149963
074 U020100        0
074 V010100     6.14
074 V020100     6.11
074 W000100   0.0000
074 X000100    43434
074 Y000100        0
075 A000100        0
075 B000100   870816
076  000100     0.00
028 A010200       842
028 A020200       383
028 A030200         0
028 A040200      3240
028 B010200       765
028 B020200       376
028 B030200         0
028 B040200      2643
028 C010200      1086
028 C020200       371
028 C030200         0
028 C040200      2681
028 D010200       648
028 D020200       365
028 D030200         0
028 D040200      3102
028 E010200      2255
028 E020200       356
028 E030200         0
028 E040200      2040
028 F010200       679
028 F020200       341
028 F030200         0
028 F040200      3519
028 G010200      6275
<PAGE>      PAGE  8
028 G020200      2192
028 G030200         0
028 G040200     17225
028 H000200      2154
062 A000200 Y
062 B000200   0.0
062 C000200   5.6
062 D000200   0.0
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   3.8
062 J000200   0.0
062 K000200   0.0
062 L000200   0.0
062 M000200  47.9
062 N000200  37.1
062 O000200   0.0
062 P000200   5.3
062 Q000200   4.1
062 R000200   0.0
071 A000200    129316
071 B000200    138334
071 C000200    101990
071 D000200  127
072 A000200 12
072 Y000200      320
072 Z000200     6691
072AA000200        0
072BB000200     5381
072CC010200     1815
072CC020200        0
072DD010200     6232
072DD020200        0
072EE000200      312
073 A010200   0.4400
073 A020200   0.3700
073 B000200   0.0200
073 C000200   0.0000
074 N000200   101490
074 T000200    96309
075 A000200        0
075 B000200   104025
028 A010300      9480
028 A020300      1666
028 A030300         0
028 A040300      6871
028 B010300     10467
028 B020300     12963
028 B030300         0
<PAGE>      PAGE  9
028 B040300      6014
028 C010300      9445
028 C020300         0
028 C030300         0
028 C040300      6038
028 D010300     11224
028 D020300      1740
028 D030300         0
028 D040300      6014
028 E010300      8715
028 E020300         0
028 E030300         0
028 E040300      6195
028 F010300      8534
028 F020300       475
028 F030300         0
028 F040300      4944
028 G010300     57865
028 G020300     16844
028 G030300         0
028 G040300     36076
028 H000300     18647
029  000300 Y
030 A000300    614
030 B000300  4.50
030 C000300  0.00
031 A000300     77
031 B000300      0
032  000300     39
033  000300    498
034  000300 Y
035  000300    194
036 A000300 N
036 B000300      0
037  000300 N
038  000300      0
039  000300 N
040  000300 Y
041  000300 Y
042 A000300   0
042 B000300   0
042 C000300   0
042 D000300  99
042 E000300   1
042 F000300   0
042 G000300   1
042 H000300   0
043  000300   1373
044  000300    357
062 A000300 Y
062 B000300   0.0
<PAGE>      PAGE  10
062 C000300   0.0
062 D000300   0.0
062 E000300   0.0
062 F000300   0.0
062 G000300   0.0
062 H000300   0.0
062 I000300   9.1
062 J000300   0.0
062 K000300   0.0
062 L000300   0.3
062 M000300   5.0
062 N000300   5.5
062 O000300   0.0
062 P000300   7.8
062 Q000300   5.6
062 R000300  66.7
063 A000300   0
063 B000300  7.7
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 N
066 E000300 N
066 F000300 N
066 G000300 Y
067  000300 Y
068 A000300 N
068 B000300 N
069  000300 N
071 A000300    254496
071 B000300    244427
071 C000300    416920
071 D000300   59
072 A000300  6
072 B000300     5858
072 C000300     2115
072 D000300        0
072 E000300        0
072 F000300     1716
072 G000300        0
072 H000300        0
072 I000300      487
072 J000300      185
072 K000300        0
072 L000300       98
072 M000300       17
072 N000300       32
072 O000300        0
072 P000300        0
072 Q000300        0
072 R000300       28
<PAGE>      PAGE  11
072 S000300        0
072 T000300     1373
072 U000300        0
072 V000300        0
072 W000300       19
072 X000300     3955
072 Y000300      294
072 Z000300     4312
072AA000300    23270
072BB000300        0
072CC010300     7140
072CC020300        0
072DD010300     3716
072DD020300        0
072EE000300    13588
073 A010300   0.1100
073 A020300   0.0600
073 B000300   0.3200
073 C000300   0.0000
074 A000300       15
074 B000300        0
074 C000300    44471
074 D000300   117072
074 E000300        0
074 F000300   326479
074 G000300        0
074 H000300        0
074 I000300        0
074 J000300     3087
074 K000300       50
074 L000300     2900
074 M000300       77
074 N000300   494151
074 O000300     3057
074 P000300      803
074 Q000300        0
074 R010300        0
074 R020300        0
074 R030300        0
074 R040300      645
074 S000300        0
074 T000300   489646
074 U010300    45938
074 U020300        0
074 V010300    10.68
074 V020300    10.64
074 W000300   0.0000
074 X000300    33345
074 Y000300        0
075 A000300        0
075 B000300   457706
<PAGE>      PAGE  12
076  000300     0.00
SIGNATURE   DOUGLAS A. ROMICH                            
TITLE       ASSISTANT TREASURER 
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000787980
<NAME> STATE STREET RESEARCH INCOME TRUST
<SERIES>
   <NUMBER> 011
   <NAME> STATE STREET RESEARCH HIGH INCOME FUND CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-END>                               SEP-30-1996
<INVESTMENTS-AT-COST>                      895,534,710
<INVESTMENTS-AT-VALUE>                     919,612,215
<RECEIVABLES>                               24,685,394
<ASSETS-OTHER>                                  49,239
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             944,346,848
<PAYABLE-FOR-SECURITIES>                    20,610,698
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,322,740
<TOTAL-LIABILITIES>                         24,933,438
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   923,164,889
<SHARES-COMMON-STOCK>                      109,024,150
<SHARES-COMMON-PRIOR>                      108,658,175
<ACCUMULATED-NII-CURRENT>                    3,285,986
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                  (31,114,970)
<ACCUM-APPREC-OR-DEPREC>                    24,077,505
<NET-ASSETS>                               919,413,410
<DIVIDEND-INCOME>                            2,668,300
<INTEREST-INCOME>                           42,746,690
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               5,638,259
<NET-INVESTMENT-INCOME>                     39,776,731
<REALIZED-GAINS-CURRENT>                   (3,416,603)
<APPREC-INCREASE-CURRENT>                   28,391,370
<NET-CHANGE-FROM-OPS>                       64,751,498
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (28,188,993)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      7,849,040
<NUMBER-OF-SHARES-REDEEMED>               (10,532,635)
<SHARES-REINVESTED>                          3,049,570
<NET-CHANGE-IN-ASSETS>                      68,102,747
<ACCUMULATED-NII-PRIOR>                        635,185
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                (27,698,367)
<GROSS-ADVISORY-FEES>                        2,830,152
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              5,638,259
<AVERAGE-NET-ASSETS>                       870,816,000
<PER-SHARE-NAV-BEGIN>                             5.95
<PER-SHARE-NII>                                   0.28
<PER-SHARE-GAIN-APPREC>                           0.17
<PER-SHARE-DIVIDEND>                            (0.26)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.14
<EXPENSE-RATIO>                                   1.11
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000787980
<NAME> STATE STREET RESEARCH INCOME TRUST
<SERIES>
   <NUMBER> 012
   <NAME> STATE STREET RESEARCH HIGH INCOME FUND CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-END>                               SEP-30-1996
<INVESTMENTS-AT-COST>                      895,534,710
<INVESTMENTS-AT-VALUE>                     919,612,215
<RECEIVABLES>                               24,685,394
<ASSETS-OTHER>                                  49,239
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             944,346,848
<PAYABLE-FOR-SECURITIES>                    20,610,698
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,322,740
<TOTAL-LIABILITIES>                         24,933,438
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   923,164,889
<SHARES-COMMON-STOCK>                       36,779,108
<SHARES-COMMON-PRIOR>                       31,338,216
<ACCUMULATED-NII-CURRENT>                    3,285,986
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                  (31,114,970)
<ACCUM-APPREC-OR-DEPREC>                    24,077,505
<NET-ASSETS>                               919,413,410
<DIVIDEND-INCOME>                            2,668,300
<INTEREST-INCOME>                           42,746,690
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               5,638,259
<NET-INVESTMENT-INCOME>                     39,776,731
<REALIZED-GAINS-CURRENT>                   (3,416,603)
<APPREC-INCREASE-CURRENT>                   28,391,370
<NET-CHANGE-FROM-OPS>                       64,751,498
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (8,071,466)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      7,459,670
<NUMBER-OF-SHARES-REDEEMED>                (2,776,081)
<SHARES-REINVESTED>                            757,303
<NET-CHANGE-IN-ASSETS>                      68,102,747
<ACCUMULATED-NII-PRIOR>                        635,185
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                (27,698,367)
<GROSS-ADVISORY-FEES>                        2,830,152
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              5,638,259
<AVERAGE-NET-ASSETS>                       870,816,000
<PER-SHARE-NAV-BEGIN>                             5.93
<PER-SHARE-NII>                                   0.26
<PER-SHARE-GAIN-APPREC>                           0.16
<PER-SHARE-DIVIDEND>                            (0.24)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.11
<EXPENSE-RATIO>                                   1.86
<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> 0000768530
<NAME> STATE STREET RESEARCH INCOME TRUST
<SERIES>
   <NUMBER> 013
   <NAME> STATE STREET RESEARCH HIGH INCOME FUND CLASS C
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-END>                               SEP-30-1996
<INVESTMENTS-AT-COST>                      895,534,710
<INVESTMENTS-AT-VALUE>                     919,612,215
<RECEIVABLES>                               24,685,394
<ASSETS-OTHER>                                  49,239
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             944,346,848
<PAYABLE-FOR-SECURITIES>                    20,610,698
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,322,740
<TOTAL-LIABILITIES>                         24,933,438
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   923,164,889
<SHARES-COMMON-STOCK>                          748,877
<SHARES-COMMON-PRIOR>                          648,256
<ACCUMULATED-NII-CURRENT>                    3,285,986
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                  (31,114,970)
<ACCUM-APPREC-OR-DEPREC>                    24,077,505
<NET-ASSETS>                               919,413,410
<DIVIDEND-INCOME>                            2,668,300
<INTEREST-INCOME>                           42,746,690
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               5,638,259
<NET-INVESTMENT-INCOME>                     39,776,731
<REALIZED-GAINS-CURRENT>                   (3,416,603)
<APPREC-INCREASE-CURRENT>                   28,391,370
<NET-CHANGE-FROM-OPS>                       64,751,498
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (181,336)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        224,656
<NUMBER-OF-SHARES-REDEEMED>                  (145,774)
<SHARES-REINVESTED>                             21,739
<NET-CHANGE-IN-ASSETS>                      68,102,747
<ACCUMULATED-NII-PRIOR>                        635,185
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                (27,698,367)
<GROSS-ADVISORY-FEES>                        2,830,152
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              5,638,259
<AVERAGE-NET-ASSETS>                       870,816,000
<PER-SHARE-NAV-BEGIN>                             5.92
<PER-SHARE-NII>                                   0.29
<PER-SHARE-GAIN-APPREC>                           0.17
<PER-SHARE-DIVIDEND>                            (0.27)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.11
<EXPENSE-RATIO>                                   0.86
<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> 0000768530
<NAME> STATE STREET RESEARCH INCOME TRUST
<SERIES>
   <NUMBER> 014
   <NAME> STATE STREET RESEARCH HIGH INCOME FUND CLASS D
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-END>                               SEP-30-1996
<INVESTMENTS-AT-COST>                      895,534,710
<INVESTMENTS-AT-VALUE>                     919,612,215
<RECEIVABLES>                               24,685,394
<ASSETS-OTHER>                                  49,239
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             944,346,848
<PAYABLE-FOR-SECURITIES>                    20,610,698
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,322,740
<TOTAL-LIABILITIES>                         24,933,438
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   923,164,889
<SHARES-COMMON-STOCK>                        3,411,291
<SHARES-COMMON-PRIOR>                        2,572,133
<ACCUMULATED-NII-CURRENT>                    3,285,986
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                  (31,114,970)
<ACCUM-APPREC-OR-DEPREC>                    24,077,505
<NET-ASSETS>                               919,413,410
<DIVIDEND-INCOME>                            2,668,300
<INTEREST-INCOME>                           42,746,690
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               5,638,259
<NET-INVESTMENT-INCOME>                     39,776,731
<REALIZED-GAINS-CURRENT>                   (3,416,603)
<APPREC-INCREASE-CURRENT>                   28,391,370
<NET-CHANGE-FROM-OPS>                       64,751,498
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (684,135)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,039,969
<NUMBER-OF-SHARES-REDEEMED>                  (265,722)
<SHARES-REINVESTED>                             64,911
<NET-CHANGE-IN-ASSETS>                      68,102,747
<ACCUMULATED-NII-PRIOR>                        635,185
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                (27,698,367)
<GROSS-ADVISORY-FEES>                        2,830,152
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              5,638,259
<AVERAGE-NET-ASSETS>                       870,816,000
<PER-SHARE-NAV-BEGIN>                             5.93
<PER-SHARE-NII>                                   0.25
<PER-SHARE-GAIN-APPREC>                           0.18
<PER-SHARE-DIVIDEND>                            (0.24)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.12
<EXPENSE-RATIO>                                   1.86
<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> 0000768530
<NAME> STATE STREET RESEARCH INCOME TRUST
<SERIES>
   <NUMBER> 031
   <NAME> STATE STREET RESEARCH MANAGED ASSETS CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-END>                               SEP-30-1996
<INVESTMENTS-AT-COST>                      430,898,219
<INVESTMENTS-AT-VALUE>                     488,022,352
<RECEIVABLES>                                6,036,982
<ASSETS-OTHER>                                  91,692
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             494,151,026
<PAYABLE-FOR-SECURITIES>                     3,056,913
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,447,689
<TOTAL-LIABILITIES>                          4,504,602
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   406,033,351
<SHARES-COMMON-STOCK>                       21,467,443
<SHARES-COMMON-PRIOR>                       20,191,806
<ACCUMULATED-NII-CURRENT>                    3,781,513
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     22,645,515
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    57,186,045
<NET-ASSETS>                               489,646,424
<DIVIDEND-INCOME>                            2,115,540
<INTEREST-INCOME>                            5,857,579
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               3,660,737
<NET-INVESTMENT-INCOME>                      4,312,382
<REALIZED-GAINS-CURRENT>                    23,270,124
<APPREC-INCREASE-CURRENT>                    7,139,559
<NET-CHANGE-FROM-OPS>                       34,722,065
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (2,109,240)
<DISTRIBUTIONS-OF-GAINS>                   (6,449,746)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      2,193,741
<NUMBER-OF-SHARES-REDEEMED>                (1,713,728)
<SHARES-REINVESTED>                            795,624
<NET-CHANGE-IN-ASSETS>                      56,051,981
<ACCUMULATED-NII-PRIOR>                      3,185,167
<ACCUMULATED-GAINS-PRIOR>                   12,963,312
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,716,398
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              3,954,913
<AVERAGE-NET-ASSETS>                       457,706,133
<PER-SHARE-NAV-BEGIN>                            10.29
<PER-SHARE-NII>                                   0.12
<PER-SHARE-GAIN-APPREC>                           0.69
<PER-SHARE-DIVIDEND>                            (0.10)
<PER-SHARE-DISTRIBUTIONS>                       (0.32)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.68
<EXPENSE-RATIO>                                   1.25
<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> 0000768530
<NAME> STATE STREET RESEARCH INCOME TRUST
<SERIES>
   <NUMBER> 032
   <NAME> STATE STREET RESEARCH MANAGED ASSETS CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-END>                               SEP-30-1996
<INVESTMENTS-AT-COST>                      430,898,219
<INVESTMENTS-AT-VALUE>                     488,022,352
<RECEIVABLES>                                6,036,982
<ASSETS-OTHER>                                  91,692
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             494,151,026
<PAYABLE-FOR-SECURITIES>                     3,056,913
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,447,689
<TOTAL-LIABILITIES>                          4,504,602
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   406,033,351
<SHARES-COMMON-STOCK>                       20,949,920
<SHARES-COMMON-PRIOR>                       18,846,845
<ACCUMULATED-NII-CURRENT>                    3,781,513
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     22,645,515
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    57,186,045
<NET-ASSETS>                               489,646,424
<DIVIDEND-INCOME>                            2,115,540
<INTEREST-INCOME>                            5,857,579
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               3,660,737
<NET-INVESTMENT-INCOME>                      4,312,382
<REALIZED-GAINS-CURRENT>                    23,270,124
<APPREC-INCREASE-CURRENT>                    7,139,559
<NET-CHANGE-FROM-OPS>                       34,722,065
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,285,500)
<DISTRIBUTIONS-OF-GAINS>                   (6,109,961)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      2,789,614
<NUMBER-OF-SHARES-REDEEMED>                (1,380,432)
<SHARES-REINVESTED>                            693,893
<NET-CHANGE-IN-ASSETS>                      56,051,981
<ACCUMULATED-NII-PRIOR>                      3,185,167
<ACCUMULATED-GAINS-PRIOR>                   12,963,312
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,716,398
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              3,954,913
<AVERAGE-NET-ASSETS>                       457,706,133
<PER-SHARE-NAV-BEGIN>                            10.25
<PER-SHARE-NII>                                   0.08
<PER-SHARE-GAIN-APPREC>                           0.69
<PER-SHARE-DIVIDEND>                            (0.06)
<PER-SHARE-DISTRIBUTIONS>                       (0.32)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.64
<EXPENSE-RATIO>                                   2.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000787980
<NAME> STATE STREET RESEARCH INCOME TRUST
<SERIES>
   <NUMBER> 033
   <NAME> STATE STREET RESEARCH MANAGED ASSETS CLASS C
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-END>                               SEP-30-1996
<INVESTMENTS-AT-COST>                      430,898,219
<INVESTMENTS-AT-VALUE>                     488,022,352
<RECEIVABLES>                                6,036,982
<ASSETS-OTHER>                                  91,692
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             494,151,026
<PAYABLE-FOR-SECURITIES>                     3,056,913
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,447,689
<TOTAL-LIABILITIES>                          4,504,602
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   406,033,351
<SHARES-COMMON-STOCK>                        2,096,290
<SHARES-COMMON-PRIOR>                        1,900,101
<ACCUMULATED-NII-CURRENT>                    3,781,513
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     22,645,515
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    57,186,045
<NET-ASSETS>                               489,646,424
<DIVIDEND-INCOME>                            2,115,540
<INTEREST-INCOME>                            5,857,579
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               3,660,737
<NET-INVESTMENT-INCOME>                      4,312,382
<REALIZED-GAINS-CURRENT>                    23,270,124
<APPREC-INCREASE-CURRENT>                    7,139,559
<NET-CHANGE-FROM-OPS>                       34,722,065
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (234,408)
<DISTRIBUTIONS-OF-GAINS>                     (615,592)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        355,106
<NUMBER-OF-SHARES-REDEEMED>                  (240,076)
<SHARES-REINVESTED>                             81,159
<NET-CHANGE-IN-ASSETS>                      56,051,981
<ACCUMULATED-NII-PRIOR>                      3,185,167
<ACCUMULATED-GAINS-PRIOR>                   12,963,312
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,716,398
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              3,954,913
<AVERAGE-NET-ASSETS>                       457,706,133
<PER-SHARE-NAV-BEGIN>                            10.29
<PER-SHARE-NII>                                   0.13
<PER-SHARE-GAIN-APPREC>                           0.69
<PER-SHARE-DIVIDEND>                            (0.11)
<PER-SHARE-DISTRIBUTIONS>                       (0.32)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.68
<EXPENSE-RATIO>                                   1.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000787980
<NAME> STATE STREET RESEARCH INCOME TRUST
<SERIES>
   <NUMBER> 034
   <NAME> STATE STREET RESEARCH MANAGED ASSETS CLASS D
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1997
<PERIOD-END>                               SEP-30-1996
<INVESTMENTS-AT-COST>                      430,898,219
<INVESTMENTS-AT-VALUE>                     488,022,352
<RECEIVABLES>                                6,036,982
<ASSETS-OTHER>                                  91,692
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             494,151,026
<PAYABLE-FOR-SECURITIES>                     3,056,913
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,447,689
<TOTAL-LIABILITIES>                          4,504,602
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   406,033,351
<SHARES-COMMON-STOCK>                        1,425,072
<SHARES-COMMON-PRIOR>                        1,272,086
<ACCUMULATED-NII-CURRENT>                    3,781,513
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     22,645,515
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    57,186,045
<NET-ASSETS>                               489,646,424
<DIVIDEND-INCOME>                            2,115,540
<INTEREST-INCOME>                            5,857,579
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               3,660,737
<NET-INVESTMENT-INCOME>                      4,312,382
<REALIZED-GAINS-CURRENT>                    23,270,124
<APPREC-INCREASE-CURRENT>                    7,139,559
<NET-CHANGE-FROM-OPS>                       34,722,065
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (86,888)
<DISTRIBUTIONS-OF-GAINS>                     (412,622)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        264,194
<NUMBER-OF-SHARES-REDEEMED>                  (157,038)
<SHARES-REINVESTED>                             45,830
<NET-CHANGE-IN-ASSETS>                      56,051,981
<ACCUMULATED-NII-PRIOR>                      3,185,167
<ACCUMULATED-GAINS-PRIOR>                   12,963,312
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,716,398
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              3,954,913
<AVERAGE-NET-ASSETS>                       457,706,133
<PER-SHARE-NAV-BEGIN>                            10.27
<PER-SHARE-NII>                                   0.08
<PER-SHARE-GAIN-APPREC>                           0.68
<PER-SHARE-DIVIDEND>                            (0.06)
<PER-SHARE-DISTRIBUTIONS>                       (0.32)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.65
<EXPENSE-RATIO>                                   2.00
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission