KEYSTONE AMERICA WORLD BOND FUND
NSAR-A, 1995-06-26
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<PAGE>      PAGE  1
000 A000000 04/30/95
000 C000000 0000800446
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001 C000000 6173383200
002 A000000 200 BERKELEY STREET
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002 D010000 02116
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008 A000001 KEYSTONE INVESTMENT MANAGEMENT COMPANY
008 B000001 A
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008 D020001 MA
008 D030001 02110
008 A000002 JULIUS BAER INVESTMENT MANAGEMENT, INC.
008 B000002 S
008 C000002 801-0000
008 D010002 LONDON
008 D050002 ENGLAND
008 D060002 EC3A 7NE
010 A000001 KEYSTONE INVESTMENT DISTRIBUTORS, COMPANY
010 C010001 BOSTON
010 C020001 MA
010 C030001 02116
010 C040001 5034
020 A000001 KOKUSAI SECUKRITIES CO., LTD.
020 B000001 13-3431243
<PAGE>      PAGE  2
020 C000001      5
020 A000002 WOOD GUNDY CORP.
020 B000002 13-5492430
020 C000002      1
020 A000003 NEW JAPAN SECURITIES INT'L INC.
020 B000003 13-2739550
020 C000003      1
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022 A000001 BANKERS TRUST COMPANY
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022 C000001      3555
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022 A000002 SANWA SECURITIES (USA) CO., LP
022 B000002 13-3046258
022 C000002      3485
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022 A000003 MONTGOMERY SECURITIES
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022 C000003      3028
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022 A000004 VAN CASPER
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022 A000005 CANADIAN IMPERIAL BANK OF COMMERCE
022 C000005      1827
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022 A000006 WERE (J.B.) & SON INC.
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022 A000007 PAINE WEBBER INC.
022 B000007 13-2630166
022 C000007      1545
022 D000007        47
022 A000008 DEAN WITTER REYNOLDS INC.
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022 A000009 GOLDMAN SACHS
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SIGNATURE   KEVIN J. MORRISSEY                           
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER>	101
<NAME>	KEYSTONE WORLD BOND FUND CLASS A
<PERIOD-TYPE>	6-MOS
<FISCAL-YEAR-END>	OCT-31-1995
<PERIOD-START>	NOV-01-1994
<PERIOD-END>	APR-30-1995
<INVESTMENTS-AT-COST>	14,950,130
<INVESTMENTS-AT-VALUE>	14,816,046
<RECEIVABLES>	10,952,153
<ASSETS-OTHER>	7,487
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<ACCUMULATED-NII-CURRENT>	0
<OVERDISTRIBUTION-NII>	(26,852)
<ACCUMULATED-NET-GAINS>	0
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<ACCUM-APPREC-OR-DEPREC>	159,324
<NET-ASSETS>	11,002,238
<DIVIDEND-INCOME>	0
<INTEREST-INCOME>	459,341
<OTHER-INCOME>	0
<EXPENSES-NET>	(111,151)
<NET-INVESTMENT-INCOME>	348,190
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<APPREC-INCREASE-CURRENT>	59,096
<NET-CHANGE-FROM-OPS>	5,074
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<DISTRIBUTIONS-OF-GAINS>	0
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<SHARES-REINVESTED>	28,322
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<OVERDIST-NET-GAINS-PRIOR>	(282,093)
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<PER-SHARE-NAV-BEGIN>	8.42
<PER-SHARE-NII>	0.32
<PER-SHARE-GAIN-APPREC>	(0.39)
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER>	102
<NAME>	KEYSTONE WORLD BOND FUND CLASS B
<PERIOD-TYPE>	6-MOS
<FISCAL-YEAR-END>	OCT-31-1995
<PERIOD-START>	NOV-01-1994
<PERIOD-END>	APR-30-1995
<INVESTMENTS-AT-COST>	14,950,130
<INVESTMENTS-AT-VALUE>	14,816,046
<RECEIVABLES>	10,952,153
<ASSETS-OTHER>	7,487
<OTHER-ITEMS-ASSETS>	241
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<AVG-DEBT-PER-SHARE>	0

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER>	103
<NAME>	KEYSTONE WORLD BOND FUND CLASS C
<PERIOD-TYPE>	6-MOS
<FISCAL-YEAR-END>	OCT-31-1995
<PERIOD-START>	NOV-01-1994
<PERIOD-END>	APR-30-1995
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<INVESTMENTS-AT-VALUE>	14,816,046
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<SENIOR-EQUITY>	0
<PAID-IN-CAPITAL-COMMON>	1,589,267
<SHARES-COMMON-STOCK>	169,985
<SHARES-COMMON-PRIOR>	188,915
<ACCUMULATED-NII-CURRENT>	12,808
<OVERDISTRIBUTION-NII>	0
<ACCUMULATED-NET-GAINS>	0
<OVERDISTRIBUTION-GAINS>	(110,552)
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<DIVIDEND-INCOME>	0
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<NET-INVESTMENT-INCOME>	49,521
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<APPREC-INCREASE-CURRENT>	(21,592)
<NET-CHANGE-FROM-OPS>	(28,032)
<EQUALIZATION>	0
<DISTRIBUTIONS-OF-INCOME>	(48,410)
<DISTRIBUTIONS-OF-GAINS>	0
<DISTRIBUTIONS-OTHER>	0
<NUMBER-OF-SHARES-SOLD>	19,226
<NUMBER-OF-SHARES-REDEEMED>	(42,608)
<SHARES-REINVESTED>	4,452
<NET-CHANGE-IN-ASSETS>	(220,866)
<ACCUMULATED-NII-PRIOR>	11,697
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<GROSS-EXPENSE>	(22,963)
<AVERAGE-NET-ASSETS>	1,476,471
<PER-SHARE-NAV-BEGIN>	8.42
<PER-SHARE-NII>	0.28
<PER-SHARE-GAIN-APPREC>	(0.37)
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<RETURNS-OF-CAPITAL>	0.00
<PER-SHARE-NAV-END>	8.06
<EXPENSE-RATIO>	3.15
<AVG-DEBT-OUTSTANDING>	0
<AVG-DEBT-PER-SHARE>	0

</TABLE>


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