KEMPER STRATEGIC MUNICIPAL INCOME TRUST
NSAR-A, 1995-07-28
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<PAGE>      PAGE  1
000 A000000 05/31/95
000 C000000 0000846596
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 KEMPER STRATEGIC MUNICIPAL INCOME TRUST
001 B000000 811-5767
001 C000000 3127811121
002 A000000 120 S. LASALLE STREET
002 B000000 CHICAGO
002 C000000 IL
002 D010000 60603
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
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007 C010500  5
007 C010600  6
007 C010700  7
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007 C010900  9
007 C011000 10
008 A000001 KEMPER FINANCIAL SERVICES, INC.
008 B000001 A
008 C000001 801-6634
008 D010001 CHICAGO
008 D020001 IL
008 D030001 60603
012 A000001 KEMPER SERVICE COMPANY
012 B000001 84-1713
012 C010001 KANSAS CITY
012 C020001 MO
012 C030001 64105
013 A000001 ERNST & YOUNG LLP
013 B010001 CHICAGO
013 B020001 IL
013 B030001 60606
014 A000001 KEMPER SECURITIES, INC.
014 B000001 8-37180
014 A000002 KEMPER DISTRIBUTORS, INC.
014 B000002 8-47765
<PAGE>      PAGE  2
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 S
015 C010001 BOSTON
015 C020001 MA
015 C030001 02110
015 E010001 X
015 A000002 THE CHASE MANHATTAN BANK, N.A.
015 B000002 C
015 C010002 NEW YORK
015 C020002 NY
015 C030002 11245
015 E040002 X
015 A000003 INVESTORS FIDUCIARY TRUST COMPANY
015 B000003 C
015 C010003 KANSAS CITY
015 C020003 MO
015 C030003 64105
015 E010003 X
018  000000 Y
019 A000000 N
019 B000000    0
020 A000001 LIT DIVISIONS OF FIRST OPTIONS
020 B000001 UNKNOWN
020 C000001      1
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020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        1
022 A000001 MERRILL, LYNCH, PIERCE, FENNER & SMITH INC.
022 B000001 13-5674085
022 C000001      5000
022 D000001     13977
022 A000002 KIDDER, PEABODY & CO. INCORPORATED
022 B000002 13-5650440
022 C000002      2500
022 D000002      2503
022 A000003 THE FIRST BOSTON CORPORATION
022 B000003 13-5659485
022 C000003      2200
022 D000003       602
022 A000004 GOLDMAN, SACHS & CO.
022 B000004 13-5108880
022 C000004      1484
022 D000004       602
022 A000005 SMITH BARNEY/SHEARSON
<PAGE>      PAGE  3
022 B000005 13-1912900
022 C000005      1749
022 D000005         0
022 A000006 MORGAN STANLEY & CO. INCORPORATED
022 B000006 13-2655998
022 C000006      1508
022 D000006         0
022 A000007 OPPENHEIMER & CO., INC.
022 B000007 13-2798343
022 C000007      1335
022 D000007         0
022 A000008 E A MOOS INC.
022 B000008 UNKNOWN
022 C000008      1144
022 D000008         0
022 A000009 GEORGE K. BAUM & COMPANY
022 B000009 UNKNOWN
022 C000009      1110
022 D000009         0
022 A000010 A.G. EDWARDS & SONS, INC.
022 B000010 43-0895447
022 C000010       964
022 D000010         0
023 C000000      18994
023 D000000      18585
024  000000 N
025 D000001       0
025 D000002       0
025 D000003       0
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025 D000005       0
025 D000006       0
025 D000007       0
025 D000008       0
026 A000000 N
026 B000000 Y
026 C000000 Y
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026 G020000 N
026 H000000 N
027  000000 N
028 A010000         0
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  9
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SIGNATURE   JEROME L DUFFY                               
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE 1995
SEMI-ANNUAL REPORT TO SHAREHOLDERS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000846596
<NAME> KEMPER STRATEGIC MUNICIPAL INCOME TRUST
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          NOV-30-1995
<PERIOD-END>                               MAY-31-1995
<INVESTMENTS-AT-COST>                          113,746
<INVESTMENTS-AT-VALUE>                         124,325
<RECEIVABLES>                                    3,157
<ASSETS-OTHER>                                     401
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 127,883
<PAYABLE-FOR-SECURITIES>                         1,146
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           85
<TOTAL-LIABILITIES>                              1,231
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       116,194
<SHARES-COMMON-STOCK>                           10,468
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                          341
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (462)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        10,579
<NET-ASSETS>                                   126,652
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                4,857
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (446)
<NET-INVESTMENT-INCOME>                          4,411
<REALIZED-GAINS-CURRENT>                           191
<APPREC-INCREASE-CURRENT>                        5,534
<NET-CHANGE-FROM-OPS>                           10,136
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (4,270)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  8
<NET-CHANGE-IN-ASSETS>                           5,963
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            (371)
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  (446)
<AVERAGE-NET-ASSETS>                                 0
<PER-SHARE-NAV-BEGIN>                            11.54
<PER-SHARE-NII>                                    .42
<PER-SHARE-GAIN-APPREC>                            .55
<PER-SHARE-DIVIDEND>                             (.41)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.10
<EXPENSE-RATIO>                                   .007
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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