<PAGE>
<PAGE> PAGE 1
000 A000000 03/31/96
000 C000000 0000853977
000 D000000 N
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000 F000000 Y
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000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 HERITAGE INCOME TRUST
001 B000000 811-5853
001 C000000 8135738143
002 A000000 880 CARILLON PARKWAY
002 B000000 ST. PETERSBURG
002 C000000 FL
002 D010000 33716
002 D020000
003 000000 N
004 000000 N
005 000000 N
006 000000 N
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007 C020100 INTERMEDIATE GOVERNMENT FUND
007 C030100 N
007 C010200 2
007 C020200 HIGH YIELD BOND FUND
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007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
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022 A000001 STATE STREET BANK AND TRUST COMPANY
022 B000001 04-1867445
022 C000001 337462
022 D000001 0
022 A000002 PRUDENTIAL SECURITIES, INC.
022 B000002 22-2347336
022 C000002 10170
022 D000002 6568
022 A000003 MARK TWAIN BANK
022 B000003 04-2954687
<PAGE>
<PAGE> PAGE 2
022 C000003 2030
022 D000003 7796
022 A000004 BARCLAYS DE ZOETE WEDD SECURITIES INC.
022 B000004 13-3551367
022 C000004 0
022 D000004 8771
022 A000005 DONALDSON LUFKIN & JENRETTE SECURITIES CORP.
022 B000005 13-2741729
022 C000005 4916
022 D000005 2820
022 A000006 DEAN WITTER REYNOLDS
022 B000006 94-1671384
022 C000006 2975
022 D000006 3072
022 A000007 R.W. PRESSPRICH & CO., INC.
022 B000007 13-3570685
022 C000007 1509
022 D000007 3196
022 A000008 FIRST BOSTON
022 B000008 13-5659485
022 C000008 2781
022 D000008 1300
022 A000009 BT SECURITIES CORP
022 B000009 13-3311934
022 C000009 1547
022 D000009 2040
022 A000010 DEUTSCHE BANK SECURITIES CORPORATION
022 B000010 13-2730828
022 C000010 0
022 D000010 3043
023 C000000 385375
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<PAGE>
<PAGE> PAGE 3
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<PAGE>
<PAGE> PAGE 4
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<PAGE>
<PAGE> PAGE 5
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008 A000201 HERITAGE ASSET MANAGEMENT, INC.
<PAGE>
<PAGE> PAGE 6
008 B000201 A
008 C000201 801-25067
008 D010201 ST. PETERSBURG
008 D020201 FL
008 D030201 33716
008 A000202 SALOMON BROTHERS ASSET MANAGEMENT INC
008 B000202 S
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008 D010202 NEW YORK
008 D020202 NY
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<PAGE>
<PAGE> PAGE 7
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064 B000200 N
070 A010200 Y
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070 D020200 N
070 E010200 N
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<PAGE>
<PAGE> PAGE 8
070 J010200 Y
070 J020200 Y
070 K010200 N
070 K020200 N
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070 L020200 Y
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070 M020200 N
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070 O020200 N
070 P010200 N
070 P020200 N
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070 Q020200 N
070 R010200 N
070 R020200 N
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<PAGE>
<PAGE> PAGE 9
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SIGNATURE STEPHEN G. HILL
TITLE PRESIDENT
<PAGE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> HIGH YIELD BOND FUND CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-START> SEP-30-1995
<PERIOD-END> MAR-31-1996
<INVESTMENTS-AT-COST> $31,956,777
<INVESTMENTS-AT-VALUE> $31,674,905
<RECEIVABLES> $1,275,701
<ASSETS-OTHER> $11,667
<OTHER-ITEMS-ASSETS> $0
<TOTAL-ASSETS> $32,962,273
<PAYABLE-FOR-SECURITIES> $0
<SENIOR-LONG-TERM-DEBT> $0
<OTHER-ITEMS-LIABILITIES> $136,539
<TOTAL-LIABILITIES> $136,539
<SENIOR-EQUITY> $0
<PAID-IN-CAPITAL-COMMON> $34,451,426
<SHARES-COMMON-STOCK> 3,297,279
<SHARES-COMMON-PRIOR> 3,083,609
<ACCUMULATED-NII-CURRENT> $176,904
<OVERDISTRIBUTION-NII> $0
<ACCUMULATED-NET-GAINS> ($1,520,724)
<OVERDISTRIBUTION-GAINS> $0
<ACCUM-APPREC-OR-DEPREC> ($281,872)
<NET-ASSETS> $32,825,734
<DIVIDEND-INCOME> $0
<INTEREST-INCOME> $1,376,112
<OTHER-INCOME> $0
<EXPENSES-NET> $194,726
<NET-INVESTMENT-INCOME> $1,181,386
<REALIZED-GAINS-CURRENT> $886,490
<APPREC-INCREASE-CURRENT> ($904,815)
<NET-CHANGE-FROM-OPS> $1,163,061
<EQUALIZATION> $0
<DISTRIBUTIONS-OF-INCOME> $1,097,572
<DISTRIBUTIONS-OF-GAINS> $0
<DISTRIBUTIONS-OTHER> $0
<NUMBER-OF-SHARES-SOLD> 678,328
<NUMBER-OF-SHARES-REDEEMED> (546,694)
<SHARES-REINVESTED> 82,036
<NET-CHANGE-IN-ASSETS> $2,113,578
<ACCUMULATED-NII-PRIOR> $2,378,363
<ACCUMULATED-GAINS-PRIOR> ($1,106,214)
<OVERDISTRIB-NII-PRIOR> $0
<OVERDIST-NET-GAINS-PRIOR> $0
<GROSS-ADVISORY-FEES> $28,292
<INTEREST-EXPENSE> $0
<GROSS-EXPENSE> $244,529
<AVERAGE-NET-ASSETS> $29,506,525
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<PER-SHARE-NII> $0.40
<PER-SHARE-GAIN-APPREC> ($0.01)
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<EXPENSE-RATIO> 1.24
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<AVG-DEBT-PER-SHARE> $0
<PAGE>
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> HIGH YIELD BOND FUND CLASS C SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-START> SEP-30-1995
<PERIOD-END> MAR-31-1996
<INVESTMENTS-AT-COST> $31,956,777
<INVESTMENTS-AT-VALUE> $31,674,905
<RECEIVABLES> $1,275,701
<ASSETS-OTHER> $11,667
<OTHER-ITEMS-ASSETS> $0
<TOTAL-ASSETS> $32,962,273
<PAYABLE-FOR-SECURITIES> $0
<SENIOR-LONG-TERM-DEBT> $0
<OTHER-ITEMS-LIABILITIES> $136,539
<TOTAL-LIABILITIES> $136,539
<SENIOR-EQUITY> $0
<PAID-IN-CAPITAL-COMMON> $34,451,426
<SHARES-COMMON-STOCK> 3,297,279
<SHARES-COMMON-PRIOR> 3,083,609
<ACCUMULATED-NII-CURRENT> $176,904
<OVERDISTRIBUTION-NII> $0
<ACCUMULATED-NET-GAINS> ($1,520,724)
<OVERDISTRIBUTION-GAINS> $0
<ACCUM-APPREC-OR-DEPREC> ($281,872)
<NET-ASSETS> $32,825,734
<DIVIDEND-INCOME> $0
<INTEREST-INCOME> $1,376,112
<OTHER-INCOME> $0
<EXPENSES-NET> $194,726
<NET-INVESTMENT-INCOME> $1,181,386
<REALIZED-GAINS-CURRENT> $886,490
<APPREC-INCREASE-CURRENT> ($904,815)
<NET-CHANGE-FROM-OPS> $1,163,061
<EQUALIZATION> $0
<DISTRIBUTIONS-OF-INCOME> $1,097,572
<DISTRIBUTIONS-OF-GAINS> $0
<DISTRIBUTIONS-OTHER> $0
<NUMBER-OF-SHARES-SOLD> 678,328
<NUMBER-OF-SHARES-REDEEMED> (546,694)
<SHARES-REINVESTED> 82,036
<NET-CHANGE-IN-ASSETS> $2,113,578
<ACCUMULATED-NII-PRIOR> $2,378,363
<ACCUMULATED-GAINS-PRIOR> ($1,106,214)
<OVERDISTRIB-NII-PRIOR> $0
<OVERDIST-NET-GAINS-PRIOR> $0
<GROSS-ADVISORY-FEES> $28,292
<INTEREST-EXPENSE> $0
<GROSS-EXPENSE> $14,551
<AVERAGE-NET-ASSETS> $1,375,315
<PER-SHARE-NAV-BEGIN> $9.91
<PER-SHARE-NII> $0.38
<PER-SHARE-GAIN-APPREC> ($0.01)
<PER-SHARE-DIVIDEND> $0.35
<PER-SHARE-DISTRIBUTIONS> $0.00
<RETURNS-OF-CAPITAL> $0.00
<PER-SHARE-NAV-END> $9.93
<EXPENSE-RATIO> 1.70
<AVG-DEBT-OUTSTANDING> $0
<AVG-DEBT-PER-SHARE> $0
<PAGE>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> INTERMEDIATE GOVERNMENT FUND CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-START> SEP-30-1995
<PERIOD-END> MAR-31-1996
<INVESTMENTS-AT-COST> $20,854,936
<INVESTMENTS-AT-VALUE> $20,695,079
<RECEIVABLES> $304,417
<ASSETS-OTHER> $12,863
<OTHER-ITEMS-ASSETS> $0
<TOTAL-ASSETS> $21,012,359
<PAYABLE-FOR-SECURITIES> $0
<SENIOR-LONG-TERM-DEBT> $0
<OTHER-ITEMS-LIABILITIES> $123,228
<TOTAL-LIABILITIES> $123,228
<SENIOR-EQUITY> $0
<PAID-IN-CAPITAL-COMMON> $27,441,001
<SHARES-COMMON-STOCK> 2,271,661
<SHARES-COMMON-PRIOR> 2,644,129
<ACCUMULATED-NII-CURRENT> $707,221
<OVERDISTRIBUTION-NII> $0
<ACCUMULATED-NET-GAINS> ($7,099,234)
<OVERDISTRIBUTION-GAINS> $0
<ACCUM-APPREC-OR-DEPREC> ($159,857)
<NET-ASSETS> $20,889,131
<DIVIDEND-INCOME> $0
<INTEREST-INCOME> $721,707
<OTHER-INCOME> $0
<EXPENSES-NET> $108,320
<NET-INVESTMENT-INCOME> $613,387
<REALIZED-GAINS-CURRENT> $228,251
<APPREC-INCREASE-CURRENT> ($409,727)
<NET-CHANGE-FROM-OPS> $431,911
<EQUALIZATION> $0
<DISTRIBUTIONS-OF-INCOME> $627,732
<DISTRIBUTIONS-OF-GAINS> $0
<DISTRIBUTIONS-OTHER> $0
<NUMBER-OF-SHARES-SOLD> 125,159
<NUMBER-OF-SHARES-REDEEMED> (555,532)
<SHARES-REINVESTED> 57,905
<NET-CHANGE-IN-ASSETS> ($3,481,050)
<ACCUMULATED-NII-PRIOR> $1,614,516
<ACCUMULATED-GAINS-PRIOR> ($712,069)
<OVERDISTRIB-NII-PRIOR> $0
<OVERDIST-NET-GAINS-PRIOR> $0
<GROSS-ADVISORY-FEES> $0
<INTEREST-EXPENSE> $0
<GROSS-EXPENSE> $193,891
<AVERAGE-NET-ASSETS> $22,785,922
<PER-SHARE-NAV-BEGIN> $9.29
<PER-SHARE-NII> $0.30
<PER-SHARE-GAIN-APPREC> ($0.14)
<PER-SHARE-DIVIDEND> $0.25
<PER-SHARE-DISTRIBUTIONS> $0.00
<RETURNS-OF-CAPITAL> $0.00
<PER-SHARE-NAV-END> $9.20
<EXPENSE-RATIO> 0.94
<AVG-DEBT-OUTSTANDING> $0
<AVG-DEBT-PER-SHARE> $0
<PAGE>
</TABLE>
<TABLE> <S> <C>
<PAGE>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> INTERMEDIATE GOVERNMENT FUND CLASS C SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-1996
<PERIOD-START> SEP-30-1995
<PERIOD-END> MAR-31-1996
<INVESTMENTS-AT-COST> $20,854,936
<INVESTMENTS-AT-VALUE> $20,695,079
<RECEIVABLES> $304,417
<ASSETS-OTHER> $12,863
<OTHER-ITEMS-ASSETS> $0
<TOTAL-ASSETS> $21,012,359
<PAYABLE-FOR-SECURITIES> $0
<SENIOR-LONG-TERM-DEBT> $0
<OTHER-ITEMS-LIABILITIES> $123,228
<TOTAL-LIABILITIES> $123,228
<SENIOR-EQUITY> $0
<PAID-IN-CAPITAL-COMMON> $27,441,001
<SHARES-COMMON-STOCK> 2,271,661
<SHARES-COMMON-PRIOR> 2,644,129
<ACCUMULATED-NII-CURRENT> $707,221
<OVERDISTRIBUTION-NII> $0
<ACCUMULATED-NET-GAINS> ($7,099,234)
<OVERDISTRIBUTION-GAINS> $0
<ACCUM-APPREC-OR-DEPREC> ($159,857)
<NET-ASSETS> $20,889,131
<DIVIDEND-INCOME> $0
<INTEREST-INCOME> $721,707
<OTHER-INCOME> $0
<EXPENSES-NET> $108,320
<NET-INVESTMENT-INCOME> $613,387
<REALIZED-GAINS-CURRENT> $228,251
<APPREC-INCREASE-CURRENT> ($409,727)
<NET-CHANGE-FROM-OPS> $431,911
<EQUALIZATION> $0
<DISTRIBUTIONS-OF-INCOME> $627,732
<DISTRIBUTIONS-OF-GAINS> $0
<DISTRIBUTIONS-OTHER> $0
<NUMBER-OF-SHARES-SOLD> 125,159
<NUMBER-OF-SHARES-REDEEMED> (555,532)
<SHARES-REINVESTED> 57,905
<NET-CHANGE-IN-ASSETS> ($3,481,050)
<ACCUMULATED-NII-PRIOR> $1,614,516
<ACCUMULATED-GAINS-PRIOR> ($712,069)
<OVERDISTRIB-NII-PRIOR> $0
<OVERDIST-NET-GAINS-PRIOR> $0
<GROSS-ADVISORY-FEES> $0
<INTEREST-EXPENSE> $0
<GROSS-EXPENSE> $1,673
<AVERAGE-NET-ASSETS> $170,670
<PER-SHARE-NAV-BEGIN> $9.27
<PER-SHARE-NII> $0.27
<PER-SHARE-GAIN-APPREC> ($0.13)
<PER-SHARE-DIVIDEND> $0.24
<PER-SHARE-DISTRIBUTIONS> $0.00
<RETURNS-OF-CAPITAL> $0.00
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<EXPENSE-RATIO> 1.20
<AVG-DEBT-OUTSTANDING> $0
<AVG-DEBT-PER-SHARE> $0
<PAGE>
</TABLE>
<PAGE>
For period ending 03-31-96
File Number 811-5853
Sub-Item 77.C
Series 2
77.C. Matters submitted to a vote of securities holders.
The following matters were submitted to a vote of
securities holders at a special meeting of shareholders of Heritage Income
Trust - High Yield Bond Fund ("Fund") held on January 24, 1995:
(1) Approval of a modified investment objective of
high current income for the Fund: 1,505,288.656 shares were voted in
favor of, 155,119.345 shares were voted against, and 61,374.963 abstained
from voting on the motion to approve the modified investment objective of
high current income for the Fund.
(2) Approval of an Investment Subadvisory Agreement
between Heritage Asset Management, Inc. and Salomon Brothers Asset
Management Inc with respect to the Fund: 1,532,052.681 shares were voted
in favor of, 103,511.454 shares were voted against, and 86,218.829
abstained from voting on the motion to approve the Investment Subadvisory
Agreement between Heritage Asset Management, Inc. and Salomon Brothers
Asset Management Inc.
<PAGE>
<PAGE>
For period ending 03-31-96
File Number 811-5853
Sub-Item 77.D
Series 1 & 2
77.D. Policies with respect to securities investments.
The Heritage Income Trust - High Yield Bond Fund ("High
Yield Bond Fund") modified its non-fundamental investment policies to
allow for investment of up to 100% -- rather than up to 50% -- of the High
Yield Bond Fund's assets in lower-rated high yield securities and in
securities rated BBB by Standard & Poor's or Baa by Moody's Investors
Service, Inc. or deemed to be of comparable quality by the High Yield Bond
Fund's investment subadviser. To be consistent with these new policies,
the High Yield Bond Fund further modified its fundamental investment
objective so that the High Yield Bond Fund could seek high current income
as opposed to high current income consistent with the preservation of
capital.
The Heritage Income Trust - Intermediate Government Fund
("Government Fund") changed its non-fundamental investment policies to an
intermediate term as opposed to a short or limited term portfolio and
changed the weighted average portfolio maturity of the Government Fund
from less than five years to between three and ten years.
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