STATE STREET RESEARCH INCOME TRUST
NSAR-B, 1998-05-29
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<PAGE>      PAGE  1
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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.
<PAGE>      PAGE  2
014 B00AA04 8-14901
014 A00AA05 DELETE
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<PAGE>      PAGE  3
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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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SIGNATURE   DOUGLAS A. ROMICH                            
TITLE       ASSISTANT TREASURER 
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000787980
<NAME> STATE STREET RESEARCH INCOME TRUST
<SERIES>
   <NUMBER> 031
   <NAME> STATE STREET RESEARCH MANAGED ASSETS CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      803,147,371
<INVESTMENTS-AT-VALUE>                     912,630,236
<RECEIVABLES>                               16,167,904
<ASSETS-OTHER>                                  34,144
<OTHER-ITEMS-ASSETS>                                 0
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<PAYABLE-FOR-SECURITIES>                   176,361,373
<SENIOR-LONG-TERM-DEBT>                              0
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<AVERAGE-NET-ASSETS>                       638,046,667
<PER-SHARE-NAV-BEGIN>                            10.40
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<PER-SHARE-DIVIDEND>                            (0.23)
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000787980
<NAME> STATE STREET RESEARCH INCOME TRUST
<SERIES>
   <NUMBER> 032
   <NAME> STATE STREET RESEARCH MANAGED ASSETS CLASS B
       
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<INVESTMENTS-AT-VALUE>                     912,630,236
<RECEIVABLES>                               16,167,904
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<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                        178,982,025
<SENIOR-EQUITY>                                      0
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<OVERDISTRIBUTION-GAINS>                             0
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<AVERAGE-NET-ASSETS>                       638,046,667
<PER-SHARE-NAV-BEGIN>                            10.37
<PER-SHARE-NII>                                   0.13
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<PER-SHARE-DIVIDEND>                            (0.14)
<PER-SHARE-DISTRIBUTIONS>                       (1.40)
<RETURNS-OF-CAPITAL>                                 0
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000787980
<NAME> STATE STREET RESEARCH INCOME TRUST
<SERIES>
   <NUMBER> 033
   <NAME> STATE STREET RESEARCH MANAGED ASSETS CLASS S
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-END>                               MAR-31-1998
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<INVESTMENTS-AT-VALUE>                     912,630,236
<RECEIVABLES>                               16,167,904
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<NET-ASSETS>                               749,850,259
<DIVIDEND-INCOME>                            3,826,507
<INTEREST-INCOME>                           16,872,684
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              10,580,188
<NET-INVESTMENT-INCOME>                     10,119,003
<REALIZED-GAINS-CURRENT>                    82,857,774
<APPREC-INCREASE-CURRENT>                   68,188,178
<NET-CHANGE-FROM-OPS>                      161,164,955
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (535,841)
<DISTRIBUTIONS-OF-GAINS>                   (2,858,624)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        644,321
<NUMBER-OF-SHARES-REDEEMED>                  (714,208)
<SHARES-REINVESTED>                            323,152
<NET-CHANGE-IN-ASSETS>                     215,236,289
<ACCUMULATED-NII-PRIOR>                          6,424
<ACCUMULATED-GAINS-PRIOR>                   25,604,549
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        4,785,350
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             10,693,495
<AVERAGE-NET-ASSETS>                       638,046,667
<PER-SHARE-NAV-BEGIN>                            10.40
<PER-SHARE-NII>                                   0.25
<PER-SHARE-GAIN-APPREC>                           2.60
<PER-SHARE-DIVIDEND>                            (0.25)
<PER-SHARE-DISTRIBUTIONS>                       (1.40)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.60
<EXPENSE-RATIO>                                   1.03
<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 C
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                      803,147,371
<INVESTMENTS-AT-VALUE>                     912,630,236
<RECEIVABLES>                               16,167,904
<ASSETS-OTHER>                                  34,144
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             928,832,284
<PAYABLE-FOR-SECURITIES>                   176,361,373
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    2,620,652
<TOTAL-LIABILITIES>                        178,982,025
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   608,017,057
<SHARES-COMMON-STOCK>                        2,057,545
<SHARES-COMMON-PRIOR>                        1,683,937
<ACCUMULATED-NII-CURRENT>                    2,015,262
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     29,827,380
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   109,990,560
<NET-ASSETS>                               749,850,259
<DIVIDEND-INCOME>                            3,826,507
<INTEREST-INCOME>                           16,872,684
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              10,580,188
<NET-INVESTMENT-INCOME>                     10,119,003
<REALIZED-GAINS-CURRENT>                    82,857,774
<APPREC-INCREASE-CURRENT>                   68,188,178
<NET-CHANGE-FROM-OPS>                      161,164,955
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (254,051)
<DISTRIBUTIONS-OF-GAINS>                   (2,507,060)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        465,412
<NUMBER-OF-SHARES-REDEEMED>                  (334,060)
<SHARES-REINVESTED>                            242,256
<NET-CHANGE-IN-ASSETS>                     215,236,289
<ACCUMULATED-NII-PRIOR>                          6,424
<ACCUMULATED-GAINS-PRIOR>                   25,604,549
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        4,785,350
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             10,693,495
<AVERAGE-NET-ASSETS>                       638,046,667
<PER-SHARE-NAV-BEGIN>                            10.38
<PER-SHARE-NII>                                   0.13
<PER-SHARE-GAIN-APPREC>                           2.60
<PER-SHARE-DIVIDEND>                            (0.14)
<PER-SHARE-DISTRIBUTIONS>                       (1.40)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.57
<EXPENSE-RATIO>                                   2.03
<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> 011
   <NAME> STATE STREET RESEARCH HIGH INCOME FUND CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                    1,082,661,810
<INVESTMENTS-AT-VALUE>                   1,135,885,738
<RECEIVABLES>                               46,661,643
<ASSETS-OTHER>                                  42,614
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           1,182,589,995
<PAYABLE-FOR-SECURITIES>                    69,836,785
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    5,805,883
<TOTAL-LIABILITIES>                         75,642,668
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,039,459,723
<SHARES-COMMON-STOCK>                      108,622,224
<SHARES-COMMON-PRIOR>                      109,584,701
<ACCUMULATED-NII-CURRENT>                    2,927,957
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     11,432,291
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    53,127,356
<NET-ASSETS>                             1,106,947,327
<DIVIDEND-INCOME>                           11,487,180
<INTEREST-INCOME>                           92,947,365
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              13,745,469
<NET-INVESTMENT-INCOME>                     90,689,076
<REALIZED-GAINS-CURRENT>                    37,770,738
<APPREC-INCREASE-CURRENT>                   63,904,285
<NET-CHANGE-FROM-OPS>                      192,364,099
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (64,944,093)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     12,963,682
<NUMBER-OF-SHARES-REDEEMED>               (20,544,433)
<SHARES-REINVESTED>                          6,618,274
<NET-CHANGE-IN-ASSETS>                     154,715,149
<ACCUMULATED-NII-PRIOR>                      6,713,699
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                (26,194,290)
<GROSS-ADVISORY-FEES>                        6,649,051
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             13,745,469
<AVERAGE-NET-ASSETS>                     1,022,930,923
<PER-SHARE-NAV-BEGIN>                             6.01
<PER-SHARE-NII>                                   0.58
<PER-SHARE-GAIN-APPREC>                           0.63
<PER-SHARE-DIVIDEND>                            (0.60)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.62
<EXPENSE-RATIO>                                   1.10
<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>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                    1,082,661,810
<INVESTMENTS-AT-VALUE>                   1,135,885,738
<RECEIVABLES>                               46,661,643
<ASSETS-OTHER>                                  42,614
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           1,182,589,995
<PAYABLE-FOR-SECURITIES>                    69,836,785
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    5,805,883
<TOTAL-LIABILITIES>                         75,642,668
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,039,459,723
<SHARES-COMMON-STOCK>                       52,518,757
<SHARES-COMMON-PRIOR>                       43,309,066
<ACCUMULATED-NII-CURRENT>                    2,927,957
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     11,432,291
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    53,127,356
<NET-ASSETS>                             1,106,947,327
<DIVIDEND-INCOME>                           11,487,180
<INTEREST-INCOME>                           92,947,365
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              13,745,469
<NET-INVESTMENT-INCOME>                     90,689,076
<REALIZED-GAINS-CURRENT>                    37,770,738
<APPREC-INCREASE-CURRENT>                   63,904,285
<NET-CHANGE-FROM-OPS>                      192,364,099
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (26,096,802)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     14,827,294
<NUMBER-OF-SHARES-REDEEMED>                (7,925,211)
<SHARES-REINVESTED>                          2,307,608
<NET-CHANGE-IN-ASSETS>                     154,715,149
<ACCUMULATED-NII-PRIOR>                      6,713,699
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                (26,194,290)
<GROSS-ADVISORY-FEES>                        6,649,051
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             13,745,469
<AVERAGE-NET-ASSETS>                     1,022,930,923
<PER-SHARE-NAV-BEGIN>                             5.98
<PER-SHARE-NII>                                   0.53
<PER-SHARE-GAIN-APPREC>                           0.62
<PER-SHARE-DIVIDEND>                            (0.55)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.58
<EXPENSE-RATIO>                                   1.85
<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> 013
   <NAME> STATE STREET RESEARCH HIGH INCOME FUND CLASS S
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                    1,082,661,810
<INVESTMENTS-AT-VALUE>                   1,135,885,738
<RECEIVABLES>                               46,661,643
<ASSETS-OTHER>                                  42,614
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           1,182,589,995
<PAYABLE-FOR-SECURITIES>                    69,836,785
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    5,805,883
<TOTAL-LIABILITIES>                         75,642,668
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,039,459,723
<SHARES-COMMON-STOCK>                        1,194,458
<SHARES-COMMON-PRIOR>                        1,046,284
<ACCUMULATED-NII-CURRENT>                    2,927,957
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     11,432,291
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    53,127,356
<NET-ASSETS>                             1,106,947,327
<DIVIDEND-INCOME>                           11,487,180
<INTEREST-INCOME>                           92,947,365
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              13,745,469
<NET-INVESTMENT-INCOME>                     90,689,076
<REALIZED-GAINS-CURRENT>                    37,770,738
<APPREC-INCREASE-CURRENT>                   63,904,285
<NET-CHANGE-FROM-OPS>                      192,364,099
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (661,138)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        412,049
<NUMBER-OF-SHARES-REDEEMED>                  (349,262)
<SHARES-REINVESTED>                             85,387
<NET-CHANGE-IN-ASSETS>                     154,715,149
<ACCUMULATED-NII-PRIOR>                      6,713,699
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                (26,194,290)
<GROSS-ADVISORY-FEES>                        6,649,051
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             13,745,469
<AVERAGE-NET-ASSETS>                     1,022,930,923
<PER-SHARE-NAV-BEGIN>                             5.98
<PER-SHARE-NII>                                   0.59
<PER-SHARE-GAIN-APPREC>                           0.63
<PER-SHARE-DIVIDEND>                            (0.62)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.58
<EXPENSE-RATIO>                                   0.85
<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> 014
   <NAME> STATE STREET RESEARCH HIGH INCOME FUND CLASS C
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          MAR-31-1998
<PERIOD-END>                               MAR-31-1998
<INVESTMENTS-AT-COST>                    1,082,661,810
<INVESTMENTS-AT-VALUE>                   1,135,885,738
<RECEIVABLES>                               46,661,643
<ASSETS-OTHER>                                  42,614
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           1,182,589,995
<PAYABLE-FOR-SECURITIES>                    69,836,785
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    5,805,883
<TOTAL-LIABILITIES>                         75,642,668
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,039,459,723
<SHARES-COMMON-STOCK>                        5,248,228
<SHARES-COMMON-PRIOR>                        4,757,298
<ACCUMULATED-NII-CURRENT>                    2,927,957
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     11,432,291
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    53,127,356
<NET-ASSETS>                             1,106,947,327
<DIVIDEND-INCOME>                           11,487,180
<INTEREST-INCOME>                           92,947,365
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              13,745,469
<NET-INVESTMENT-INCOME>                     90,689,076
<REALIZED-GAINS-CURRENT>                    37,770,738
<APPREC-INCREASE-CURRENT>                   63,904,285
<NET-CHANGE-FROM-OPS>                      192,364,099
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (2,736,047)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      2,027,089
<NUMBER-OF-SHARES-REDEEMED>                (1,821,119)
<SHARES-REINVESTED>                            284,960
<NET-CHANGE-IN-ASSETS>                     154,715,149
<ACCUMULATED-NII-PRIOR>                      6,713,699
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                (26,194,290)
<GROSS-ADVISORY-FEES>                        6,649,051
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             13,745,469
<AVERAGE-NET-ASSETS>                     1,022,930,923
<PER-SHARE-NAV-BEGIN>                             5.99
<PER-SHARE-NII>                                   0.53
<PER-SHARE-GAIN-APPREC>                           0.62
<PER-SHARE-DIVIDEND>                            (0.55)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               6.59
<EXPENSE-RATIO>                                   1.85
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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