KEYSTONE FUND FOR TOTAL RETURN
NSAR-A, 1996-07-30
Previous: KEYSTONE TAX FREE INCOME FUND, N-30D, 1996-07-30
Next: KEYSTONE FUND FOR TOTAL RETURN, N-30D, 1996-07-30



<PAGE>      PAGE  1
000 A000000 05/31/96
000 C000000 0000808335
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 KEYSTONE AMERICA FUND FOR TOTAL RETURN
001 B000000 811-4950
001 C000000 6173383200
002 A000000 200 BERKELEY STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02116
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
018  000000 Y
019 A000000 Y
019 B000000   19
019 C000000 KEYGROUPPA
020 A000001 NORUMA SECURITIES INTL
020 C000001      7
020 A000002 LEHMAN BROS, INC
020 C000002      5
020 A000003 PAINE WEBBER, INC.
020 C000003      4
020 A000004 DONALDSON, LUFKIN & JENETTE
020 C000004      3
020 A000005 AUTRANET, INC.
020 C000005      2
020 A000006 MERRILL LYNCH PIERCE FENN
020 C000006      2
020 A000007 PRUDENTIAL SEC, INC.
020 C000007      2
020 A000008 SOLOMAN BROX, INC.
020 C000008      2
020 A000009 COWEN & CO.
020 C000009      2
020 A000010 DEAN WITTER REYNOLDS, INC.
020 C000010      1
021  000000       38
022 A000001 GOLDMAN SACHS
022 C000001      2110
022 D000001       264
022 A000002 MERRILL LYNCH PIERCE FENNER
<PAGE>      PAGE  2
022 C000002      1909
022 D000002         0
022 A000003 LEHMAN BROX, INC.
022 C000003      1458
022 D000003         0
022 A000004 JEFFERIES & CO.
022 C000004       634
022 D000004         0
022 A000005 SOLOMON, INC.
022 C000005       533
022 D000005         0
022 A000006 MORGAN STANLEY & CO., INC
022 C000006       400
022 D000006         0
022 A000007 BEAR, STEARNS SEC CORP
022 C000007       318
022 D000007         0
022 A000008 SMITH BARNEY, INC.
022 C000008       208
022 D000008         9
022 A000009 UBS SECURITIES, INC.
022 C000009       108
022 D000009         0
022 A000010 DONALDSON, LUFKIN & JENRE
022 C000010        97
022 D000010         0
023 C000000     362651
023 D000000       1855
024  000000 N
028 A010000      1663
028 A020000         0
028 A030000         0
028 A040000       830
028 B010000      1788
028 B020000         0
028 B030000         0
028 B040000      1515
028 C010000      1641
028 C020000       249
028 C030000         0
028 C040000      2159
028 D010000      1868
028 D020000         0
028 D030000         0
028 D040000      2529
028 E010000      4331
028 E020000         0
028 E030000         0
028 E040000      1162
028 F010000      2173
028 F020000       176
<PAGE>      PAGE  3
028 F030000         0
028 F040000      1290
028 G010000     13464
028 G020000       425
028 G030000         0
028 G040000      9485
028 H000000         0
029  000000 Y
030 A000000     44
030 B000000  5.75
030 C000000  0.75
031 A000000     42
031 B000000      0
032  000000      2
033  000000      0
034  000000 N
035  000000      0
036 B000000      0
042 A000000   0
042 B000000   0
042 C000000 100
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000    201
044  000000      0
055 A000000 N
055 B000000 N
056  000000 N
057  000000 N
062 A000000 N
062 B000000   0.0
062 C000000   0.0
062 D000000   0.0
062 E000000   0.0
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
062 I000000   0.0
062 J000000   0.0
062 K000000   0.0
062 L000000   0.0
062 M000000   0.0
062 N000000   0.0
062 O000000   0.0
062 P000000   0.0
062 Q000000   0.0
062 R000000   0.0
066 A000000 N
<PAGE>      PAGE  4
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 Y
070 Q010000 N
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000     17887
071 B000000     12687
071 C000000     59319
071 D000000   21
072 A000000  6
072 B000000      131
072 C000000      852
072 D000000        0
072 E000000        0
072 F000000      203
072 G000000        0
<PAGE>      PAGE  5
072 H000000        0
072 I000000       78
072 J000000       23
072 K000000        0
072 L000000       12
072 M000000        0
072 N000000       26
072 O000000        0
072 P000000        0
072 Q000000       12
072 R000000       10
072 S000000        6
072 T000000      201
072 U000000        0
072 V000000        0
072 W000000        5
072 X000000      576
072 Y000000        0
072 Z000000      407
072AA000000      356
072BB000000        0
072CC010000     6403
072CC020000        0
072DD010000      481
072DD020000        0
072EE000000        0
073 A010000   0.1400
073 A020000   0.0900
073 B000000   0.0000
073 C000000   0.0000
074 A000000        0
074 B000000     2425
074 C000000        0
074 D000000     2822
074 E000000     3495
074 F000000    59172
074 G000000        0
074 H000000        0
074 I000000        0
074 J000000      310
074 K000000        0
074 L000000      390
074 M000000        5
074 N000000    68619
074 O000000      306
074 P000000        0
074 Q000000        0
074 R010000       78
074 R020000        0
074 R030000        0
074 R040000        0
<PAGE>      PAGE  6
074 S000000        0
074 T000000    68235
074 U010000     4425
074 U020000        0
074 V010000    15.43
074 V020000    15.42
074 W000000   0.0000
074 X000000     3608
074 Y000000        0
075 A000000    61921
075 B000000        0
076  000000     0.00
077 A000000 Y
077 B000000 N
077 C000000 N
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 Y
077 Q010000 Y
077 Q020000 N
077 Q030000 N
080 A000000 ICI MUTUAL INSURANCE CO.
080 B000000 FREDERICK JAMES
080 C000000    35000
081 A000000 Y
081 B000000  35
082 A000000 N
082 B000000        0
SIGNATURE   J. KEVIN KENELY                              
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 FUND FOR TOTAL RETURN CLASS A
<PERIOD-TYPE>	6-MOS
<FISCAL-YEAR-END>	NOV-30-1996
<PERIOD-START>	DEC-01-1995
<PERIOD-END>	MAY-31-1996
<INVESTMENTS-AT-COST>	50,148,856
<INVESTMENTS-AT-VALUE>	67,914,029
<RECEIVABLES>	700,429
<ASSETS-OTHER>	5,120
<OTHER-ITEMS-ASSETS>	0
<TOTAL-ASSETS>	68,619,578
<PAYABLE-FOR-SECURITIES>	314,267
<SENIOR-LONG-TERM-DEBT>	0
<OTHER-ITEMS-LIABILITIES>	69,767
<TOTAL-LIABILITIES>	384,034
<SENIOR-EQUITY>	0
<PAID-IN-CAPITAL-COMMON>	19,905,047
<SHARES-COMMON-STOCK>	2,072,186
<SHARES-COMMON-PRIOR>	1,954,342
<ACCUMULATED-NII-CURRENT>	0
<OVERDISTRIBUTION-NII>	(23,148)
<ACCUMULATED-NET-GAINS>	702,218
<OVERDISTRIBUTION-GAINS>	0
<ACCUM-APPREC-OR-DEPREC>	11,382,425
<NET-ASSETS>	31,966,542
<DIVIDEND-INCOME>	401,209
<INTEREST-INCOME>	61,955
<OTHER-INCOME>	0
<EXPENSES-NET>	(212,938)
<NET-INVESTMENT-INCOME>	250,226
<REALIZED-GAINS-CURRENT>	166,334
<APPREC-INCREASE-CURRENT>	3,008,994
<NET-CHANGE-FROM-OPS>	3,425,554
<EQUALIZATION>	0
<DISTRIBUTIONS-OF-INCOME>	(277,592)
<DISTRIBUTIONS-OF-GAINS>	0
<DISTRIBUTIONS-OTHER>	0
<NUMBER-OF-SHARES-SOLD>	322,257
<NUMBER-OF-SHARES-REDEEMED>	(220,716)
<SHARES-REINVESTED>	16,303
<NET-CHANGE-IN-ASSETS>	4,929,937
<ACCUMULATED-NII-PRIOR>	4,218
<ACCUMULATED-GAINS-PRIOR>	535,884
<OVERDISTRIB-NII-PRIOR>	0
<OVERDIST-NET-GAINS-PRIOR>	0
<GROSS-ADVISORY-FEES>	(95,603)
<INTEREST-EXPENSE>	0
<GROSS-EXPENSE>	(212,938)
<AVERAGE-NET-ASSETS>	29,226,286
<PER-SHARE-NAV-BEGIN>	13.83
<PER-SHARE-NII>	0.12
<PER-SHARE-GAIN-APPREC>	1.62
<PER-SHARE-DIVIDEND>	(0.14)
<PER-SHARE-DISTRIBUTIONS>	0.00
<RETURNS-OF-CAPITAL>	0.00
<PER-SHARE-NAV-END>	15.43
<EXPENSE-RATIO>	1.45
<AVG-DEBT-OUTSTANDING>	0
<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>	102
<NAME>	KEYSTONE FUND FOR TOTAL RETURN CLASS B
<PERIOD-TYPE>	6-MOS
<FISCAL-YEAR-END>	NOV-30-1996
<PERIOD-START>	DEC-01-1995
<PERIOD-END>	MAY-31-1996
<INVESTMENTS-AT-COST>	50,148,856
<INVESTMENTS-AT-VALUE>	67,914,029
<RECEIVABLES>	700,429
<ASSETS-OTHER>	5,120
<OTHER-ITEMS-ASSETS>	0
<TOTAL-ASSETS>	68,619,578
<PAYABLE-FOR-SECURITIES>	314,267
<SENIOR-LONG-TERM-DEBT>	0
<OTHER-ITEMS-LIABILITIES>	69,767
<TOTAL-LIABILITIES>	384,034
<SENIOR-EQUITY>	0
<PAID-IN-CAPITAL-COMMON>	20,744,615
<SHARES-COMMON-STOCK>	1,603,239
<SHARES-COMMON-PRIOR>	1,488,364
<ACCUMULATED-NII-CURRENT>	0
<OVERDISTRIBUTION-NII>	(65,905)
<ACCUMULATED-NET-GAINS>	0
<OVERDISTRIBUTION-GAINS>	(210,766)
<ACCUM-APPREC-OR-DEPREC>	4,242,877
<NET-ASSETS>	24,710,821
<DIVIDEND-INCOME>	306,993
<INTEREST-INCOME>	47,056
<OTHER-INCOME>	0
<EXPENSES-NET>	(247,487)
<NET-INVESTMENT-INCOME>	106,562
<REALIZED-GAINS-CURRENT>	127,501
<APPREC-INCREASE-CURRENT>	2,312,249
<NET-CHANGE-FROM-OPS>	2,546,312
<EQUALIZATION>	0
<DISTRIBUTIONS-OF-INCOME>	(139,945)
<DISTRIBUTIONS-OF-GAINS>	0
<DISTRIBUTIONS-OTHER>	0
<NUMBER-OF-SHARES-SOLD>	393,995
<NUMBER-OF-SHARES-REDEEMED>	(287,205)
<SHARES-REINVESTED>	8,085
<NET-CHANGE-IN-ASSETS>	4,105,436
<ACCUMULATED-NII-PRIOR>	0
<ACCUMULATED-GAINS-PRIOR>	0
<OVERDISTRIB-NII-PRIOR>	(32,523)
<OVERDIST-NET-GAINS-PRIOR>	(338,267)
<GROSS-ADVISORY-FEES>	(72,876)
<INTEREST-EXPENSE>	0
<GROSS-EXPENSE>	(247,487)
<AVERAGE-NET-ASSETS>	22,259,291
<PER-SHARE-NAV-BEGIN>	13.84
<PER-SHARE-NII>	0.07
<PER-SHARE-GAIN-APPREC>	1.59
<PER-SHARE-DIVIDEND>	(0.09)
<PER-SHARE-DISTRIBUTIONS>	0.00
<RETURNS-OF-CAPITAL>	0.00
<PER-SHARE-NAV-END>	15.41
<EXPENSE-RATIO>	2.20
<AVG-DEBT-OUTSTANDING>	0
<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 FUND FOR TOTAL RETURN CLASS C
<PERIOD-TYPE>	6-MOS
<FISCAL-YEAR-END>	NOV-30-1996
<PERIOD-START>	DEC-01-1995
<PERIOD-END>	MAY-31-1996
<INVESTMENTS-AT-COST>	50,148,856
<INVESTMENTS-AT-VALUE>	67,914,029
<RECEIVABLES>	700,429
<ASSETS-OTHER>	5,120
<OTHER-ITEMS-ASSETS>	0
<TOTAL-ASSETS>	68,619,578
<PAYABLE-FOR-SECURITIES>	314,267
<SENIOR-LONG-TERM-DEBT>	0
<OTHER-ITEMS-LIABILITIES>	69,767
<TOTAL-LIABILITIES>	384,034
<SENIOR-EQUITY>	0
<PAID-IN-CAPITAL-COMMON>	9,615,927
<SHARES-COMMON-STOCK>	749,649
<SHARES-COMMON-PRIOR>	686,261
<ACCUMULATED-NII-CURRENT>	0
<OVERDISTRIBUTION-NII>	(20,197)
<ACCUMULATED-NET-GAINS>	0
<OVERDISTRIBUTION-GAINS>	(219,531)
<ACCUM-APPREC-OR-DEPREC>	2,181,982
<NET-ASSETS>	11,558,181
<DIVIDEND-INCOME>	143,535
<INTEREST-INCOME>	22,103
<OTHER-INCOME>	0
<EXPENSES-NET>	(115,307)
<NET-INVESTMENT-INCOME>	50,331
<REALIZED-GAINS-CURRENT>	61,788
<APPREC-INCREASE-CURRENT>	1,081,888
<NET-CHANGE-FROM-OPS>	1,194,007
<EQUALIZATION>	0
<DISTRIBUTIONS-OF-INCOME>	(63,150)
<DISTRIBUTIONS-OF-GAINS>	0
<DISTRIBUTIONS-OTHER>	0
<NUMBER-OF-SHARES-SOLD>	196,436
<NUMBER-OF-SHARES-REDEEMED>	(136,925)
<SHARES-REINVESTED>	3,877
<NET-CHANGE-IN-ASSETS>	2,055,551
<ACCUMULATED-NII-PRIOR>	0
<ACCUMULATED-GAINS-PRIOR>	0
<OVERDISTRIB-NII-PRIOR>	(7,377)
<OVERDIST-NET-GAINS-PRIOR>	(281,319)
<GROSS-ADVISORY-FEES>	(34,171)
<INTEREST-EXPENSE>	0
<GROSS-EXPENSE>	(115,307)
<AVERAGE-NET-ASSETS>	10,434,934
<PER-SHARE-NAV-BEGIN>	13.85
<PER-SHARE-NII>	0.07
<PER-SHARE-GAIN-APPREC>	1.59
<PER-SHARE-DIVIDEND>	(0.09)
<PER-SHARE-DISTRIBUTIONS>	0.00
<RETURNS-OF-CAPITAL>	0.00
<PER-SHARE-NAV-END>	15.42
<EXPENSE-RATIO>	2.20
<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