WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000853770
<NAME> Colonial Intermarket Income Trust
<SERIES>
<NUMBER> 0
<NAME> CIMIT
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-2000
<PERIOD-START> DEC-01-1999
<PERIOD-END> MAY-31-2000
<INVESTMENTS-AT-COST> 109413
<INVESTMENTS-AT-VALUE> 99208
<RECEIVABLES> 2506
<ASSETS-OTHER> 77
<OTHER-ITEMS-ASSETS>1081
<TOTAL-ASSETS> 109473
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3187
<TOTAL-LIABILITIES> 3187
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 122280
<SHARES-COMMON-STOCK> 11009
<SHARES-COMMON-PRIOR> 11009
<ACCUMULATED-NII-CURRENT> 136
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (4340)
<ACCUM-APPREC-OR-DEPREC> (11900)
<NET-ASSETS> 106176
<DIVIDEND-INCOME>235
<INTEREST-INCOME> 5309
<OTHER-INCOME> 0
<EXPENSES-NET> 536
<NET-INVESTMENT-INCOME> 5008
<REALIZED-GAINS-CURRENT> (2349)
<APPREC-INCREASE-CURRENT> (4509)
<NET-CHANGE-FROM-OPS> (1940)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4889)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (6829)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 17
<OVERDIST-NET-GAINS-PRIOR> (1901)
<GROSS-ADVISORY-FEES> 414
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 536
<AVERAGE-NET-ASSETS>110394
<PER-SHARE-NAV-BEGIN> 10.26
<PER-SHARE-NII> 0.010
<PER-SHARE-GAIN-APPREC> (.630)
<PER-SHARE-DIVIDEND> (.444)
<PER-SHARE-DISTRIBUTIONS>0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.64
<EXPENSE-RATIO> .97
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
