HERITAGE INCOME TRUST
NSAR-A, 1999-05-28
Previous: GABELLI VALUE FUND INC, N-30B-2, 1999-05-28
Next: CONESTOGA ENTERPRISES INC, S-8, 1999-05-28



<PAGE>      PAGE  1
000 A000000 03/31/1999
000 C000000 0000853977
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 HERITAGE INCOME TRUST
001 B000000 811-5853
001 C000000 7275733800
002 A000000 880 CARILLON PARKWAY
002 B000000 ST. PETERSBURG
002 C000000 FL
002 D010000 33716
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 INTERMEDIATE GOVERNMENT FUND
007 C030100 N
007 C010200  2
007 C020200 HIGH YIELD BOND FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   13
019 C00AA00 HERITAGEXX
022 A000001 STATE STREET BANK & TRUST CO., INC.
022 B000001 04-1867445
022 C000001    438738
022 D000001         0
022 A000002 GREENWICH CAPITAL MARKETS, INC.
022 B000002 13-3172275
022 C000002      8474
022 D000002      7765
022 A000003 MORGAN STANLEY/DEAN WITTER
022 B000003 13-2655998
022 C000003      4877
<PAGE>      PAGE  2
022 D000003      5572
022 A000004 BEAR STEARNS & COMPANY, INC.
022 B000004 13-3299429
022 C000004      1010
022 D000004      3865
022 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000005 13-5674085
022 C000005      2237
022 D000005      1024
022 A000006 LEHMAN BROTHERS, INC.
022 B000006 13-2518466
022 C000006      1766
022 D000006      1049
022 A000007 DONALDSON, LUFKIN & JENRETTE
022 B000007 13-2741729
022 C000007      2634
022 D000007        80
022 A000008 GRANTCHESTER SECURITIES
022 B000008 13-3502273
022 C000008       115
022 D000008      1652
022 A000009 CREDIT SUISSE FIRST BOSTON
022 B000009 13-5659485
022 C000009       593
022 D000009       978
022 A000010 TORONTO DOMINION BANK
022 B000010 13-5640479
022 C000010       905
022 D000010       642
023 C000000     466475
023 D000000      28792
027  000000 Y
066 A00AA00 N
067  00AA00 N
068 A00AA00 N
068 B00AA00 N
069  00AA00 N
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
<PAGE>      PAGE  3
077 O000000 N
077 P000000 N
077 Q010000 Y
028 A010100      1311
028 A020100        59
028 A030100         0
028 A040100       271
028 B010100       105
028 B020100        60
028 B030100         0
028 B040100      3216
028 C010100       550
028 C020100       112
028 C030100         0
028 C040100       558
028 D010100       206
028 D020100         0
028 D030100         0
028 D040100       512
028 E010100       277
028 E020100        48
028 E030100         0
028 E040100       590
028 F010100       609
028 F020100        46
028 F030100         0
028 F040100       538
028 G010100      3058
028 G020100       325
028 G030100         0
028 G040100      5685
028 H000100       345
029  000100 Y
030 A000100      9
030 B000100  3.75
030 C000100  0.00
031 A000100      2
031 B000100      0
032  000100      0
033  000100      7
034  000100 Y
035  000100      1
036 A000100 N
036 B000100      0
042 A000100   0
042 B000100   0
042 C000100 100
042 D000100   0
042 E000100   0
042 F000100   0
042 G000100   0
<PAGE>      PAGE  4
042 H000100   0
043  000100     29
044  000100      0
062 A000100 Y
062 B000100   0.0
062 C000100   0.0
062 D000100   3.6
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100  80.3
062 N000100  13.2
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
063 A000100   0
063 B000100  4.3
064 A000100 N
071 A000100     14844
071 B000100     16790
071 C000100     14855
071 D000100  100
072 A000100  6
072 B000100      412
072 C000100        0
072 D000100        0
072 E000100        0
072 F000100        0
072 G000100        0
072 H000100        0
072 I000100        6
072 J000100        6
072 K000100        0
072 L000100        7
072 M000100        5
072 N000100       16
072 O000100        0
072 P000100        0
072 Q000100       18
072 R000100        8
072 S000100       14
072 T000100       29
072 U000100        0
072 V000100        0
072 W000100        1
<PAGE>      PAGE  5
072 X000100      110
072 Y000100       33
072 Z000100      335
072AA000100      359
072BB000100      169
072CC010100        0
072CC020100      118
072DD010100      296
072DD020100       65
072EE000100        0
073 A010100   0.0000
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100        0
074 B000100      533
074 C000100        0
074 D000100    13918
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100       31
074 L000100      486
074 M000100       22
074 N000100    14990
074 O000100        0
074 P000100       16
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100       91
074 S000100        0
074 T000100    14883
074 U010100     1363
074 U020100      228
074 V010100     0.00
074 V020100     0.00
074 W000100   0.0000
074 X000100      952
074 Y000100        0
075 A000100        0
075 B000100    15825
076  000100     0.00
028 A010200      1061
028 A020200       274
028 A030200         0
028 A040200      1452
<PAGE>      PAGE  6
028 B010200      1043
028 B020200       261
028 B030200         0
028 B040200       887
028 C010200       610
028 C020200       575
028 C030200         0
028 C040200      1564
028 D010200      1015
028 D020200         0
028 D030200         0
028 D040200      1053
028 E010200      1274
028 E020200       259
028 E030200         0
028 E040200       879
028 F010200      1090
028 F020200       258
028 F030200         0
028 F040200      1274
028 G010200      6093
028 G020200      1627
028 G030200         0
028 G040200      7109
028 H000200       932
029  000200 Y
030 A000200     29
030 B000200  3.75
030 C000200  0.00
031 A000200      5
031 B000200      0
032  000200      7
033  000200     17
034  000200 Y
035  000200      2
036 A000200 N
036 B000200      0
042 A000200   0
042 B000200   0
042 C000200 100
042 D000200   0
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200   0
043  000200    117
044  000200      0
062 A000200 Y
062 B000200   0.0
062 C000200   0.0
062 D000200   3.1
<PAGE>      PAGE  7
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
062 K000200   0.0
062 L000200   0.0
062 M000200   0.0
062 N000200   0.0
062 O000200   0.0
062 P000200  94.8
062 Q000200   0.0
062 R000200   0.0
063 A000200   0
063 B000200  7.6
064 A000200 N
071 A000200     12893
071 B000200     12451
071 C000200     51185
071 D000200   24
072 A000200  6
072 B000200     2789
072 C000200        0
072 D000200        0
072 E000200        0
072 F000200      130
072 G000200        0
072 H000200        0
072 I000200       18
072 J000200       10
072 K000200        0
072 L000200       12
072 M000200        5
072 N000200       17
072 O000200        0
072 P000200        0
072 Q000200       26
072 R000200       10
072 S000200       14
072 T000200      117
072 U000200        0
072 V000200        0
072 W000200        3
072 X000200      362
072 Y000200        0
072 Z000200     2427
072AA000200      430
072BB000200     1109
072CC010200        0
072CC020200     3514
<PAGE>      PAGE  8
072DD010200     1881
072DD020200      578
072EE000200        0
073 A010200   0.0000
073 A020200   0.0000
073 B000200   0.0000
073 C000200   0.0000
074 A000200        0
074 B000200     1702
074 C000200        0
074 D000200    52290
074 E000200        0
074 F000200        0
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200       56
074 K000200        0
074 L000200     1415
074 M000200       24
074 N000200    55487
074 O000200       55
074 P000200      120
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200      161
074 S000200        0
074 T000200    55151
074 U010200     4262
074 U020200     1412
074 V010200     0.00
074 V020200     0.00
074 W000200   0.0000
074 X000200     2838
074 Y000200        0
075 A000200        0
075 B000200    54486
076  000200     0.00
SIGNATURE   STEPHEN G. HILL
TITLE       PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853977
<NAME> HERITAGE INCOME TRUST
<SERIES>
   <NUMBER> 011
   <NAME> INTERMEDIATE GOVERNMENT FUND CLASS A SHARES

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             SEP-30-1998
<PERIOD-END>                               MAR-31-1999
<INVESTMENTS-AT-COST>                       14,568,572
<INVESTMENTS-AT-VALUE>                      14,451,015
<RECEIVABLES>                                  516,817
<ASSETS-OTHER>                                  22,664
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              14,990,496
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      107,561
<TOTAL-LIABILITIES>                            107,561
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    21,247,840
<SHARES-COMMON-STOCK>                        1,591,511
<SHARES-COMMON-PRIOR>                        1,834,861
<ACCUMULATED-NII-CURRENT>                      658,089
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (6,905,437)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (117,557)
<NET-ASSETS>                                14,882,935
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              411,976
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  76,648
<NET-INVESTMENT-INCOME>                        335,328
<REALIZED-GAINS-CURRENT>                       190,209
<APPREC-INCREASE-CURRENT>                    (758,057)
<NET-CHANGE-FROM-OPS>                        (232,520)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      360,290
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        320,534
<NUMBER-OF-SHARES-REDEEMED>                    597,826
<SHARES-REINVESTED>                             34,102
<NET-CHANGE-IN-ASSETS>                     (2,894,643)
<ACCUMULATED-NII-PRIOR>                        683,051
<ACCUMULATED-GAINS-PRIOR>                   7,095,646)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           39,454
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 59,277
<AVERAGE-NET-ASSETS>                        12,921,770
<PER-SHARE-NAV-BEGIN>                             9.70
<PER-SHARE-NII>                                   0.20
<PER-SHARE-GAIN-APPREC>                         (0.33)
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.21
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               9.36
<EXPENSE-RATIO>                                   0.92
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853977
<NAME> HERITAGE INCOME TRUST
<SERIES>
   <NUMBER> 012
   <NAME> INTERMEDIATE GOVERNMENT FUND CLASS B SHARES

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             SEP-30-1998
<PERIOD-END>                               MAR-31-1999
<INVESTMENTS-AT-COST>                       14,568,572
<INVESTMENTS-AT-VALUE>                      14,451,015
<RECEIVABLES>                                  516,817
<ASSETS-OTHER>                                  22,664
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              14,990,496
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      107,561
<TOTAL-LIABILITIES>                            107,561
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    21,247,840
<SHARES-COMMON-STOCK>                        1,591,511
<SHARES-COMMON-PRIOR>                        1,834,861
<ACCUMULATED-NII-CURRENT>                      658,089
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (6,905,437)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (117,557)
<NET-ASSETS>                                14,882,935
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              411,976
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  76,648
<NET-INVESTMENT-INCOME>                        335,328
<REALIZED-GAINS-CURRENT>                       190,209
<APPREC-INCREASE-CURRENT>                    (758,057)
<NET-CHANGE-FROM-OPS>                        (232,520)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      360,290
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        320,534
<NUMBER-OF-SHARES-REDEEMED>                    597,826
<SHARES-REINVESTED>                             34,102
<NET-CHANGE-IN-ASSETS>                     (2,894,643)
<ACCUMULATED-NII-PRIOR>                        683,051
<ACCUMULATED-GAINS-PRIOR>                   7,095,646)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           39,454
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  1,397
<AVERAGE-NET-ASSETS>                           233,492
<PER-SHARE-NAV-BEGIN>                             9.67
<PER-SHARE-NII>                                   0.17
<PER-SHARE-GAIN-APPREC>                         (0.32)
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.20
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               9.32
<EXPENSE-RATIO>                                   1.20
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853977
<NAME> HERITAGE INCOME TRUST
<SERIES>
   <NUMBER> 013
   <NAME> INTERMEDIATE GOVERNMENT FUND CLASS C SHARES

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             SEP-30-1998
<PERIOD-END>                               MAR-31-1999
<INVESTMENTS-AT-COST>                       14,568,572
<INVESTMENTS-AT-VALUE>                      14,451,015
<RECEIVABLES>                                  516,817
<ASSETS-OTHER>                                  22,664
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              14,990,496
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      107,561
<TOTAL-LIABILITIES>                            107,561
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    21,247,840
<SHARES-COMMON-STOCK>                        1,591,511
<SHARES-COMMON-PRIOR>                        1,834,861
<ACCUMULATED-NII-CURRENT>                      658,089
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (6,905,437)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (117,557)
<NET-ASSETS>                                14,882,935
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              411,976
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  76,648
<NET-INVESTMENT-INCOME>                        335,328
<REALIZED-GAINS-CURRENT>                       190,209
<APPREC-INCREASE-CURRENT>                    (758,057)
<NET-CHANGE-FROM-OPS>                        (232,520)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      360,290
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        320,534
<NUMBER-OF-SHARES-REDEEMED>                    597,826
<SHARES-REINVESTED>                             34,102
<NET-CHANGE-IN-ASSETS>                     (2,894,643)
<ACCUMULATED-NII-PRIOR>                        683,051
<ACCUMULATED-GAINS-PRIOR>                   7,095,646)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           39,454
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 15,973
<AVERAGE-NET-ASSETS>                         2,669,515
<PER-SHARE-NAV-BEGIN>                             9.67
<PER-SHARE-NII>                                   0.17
<PER-SHARE-GAIN-APPREC>                         (0.31)
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.20
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               9.33
<EXPENSE-RATIO>                                   1.20
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>


<ARTICLE> 6
<CIK> 0000853977
<NAME> HERITAGE INCOME TRUST
<SERIES>
   <NUMBER> 021
   <NAME> HIGH YIELD BOND FUND CLASS A SHARES

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             SEP-30-1998
<PERIOD-END>                               MAR-31-1999
<INVESTMENTS-AT-COST>                       57,505,396
<INVESTMENTS-AT-VALUE>                      53,991,822
<RECEIVABLES>                                1,470,608
<ASSETS-OTHER>                                  25,001
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              55,487,432
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      336,213
<TOTAL-LIABILITIES>                            336,213
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    58,924,386
<SHARES-COMMON-STOCK>                        5,673,845
<SHARES-COMMON-PRIOR>                        5,610,454
<ACCUMULATED-NII-CURRENT>                      419,639
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (679,233)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (3,513,574)
<NET-ASSETS>                                55,151,218
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            2,789,195
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 361,978
<NET-INVESTMENT-INCOME>                      2,427,217
<REALIZED-GAINS-CURRENT>                     (679,709)
<APPREC-INCREASE-CURRENT>                      490,539
<NET-CHANGE-FROM-OPS>                        2,238,047
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    2,459,384
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        630,040
<NUMBER-OF-SHARES-REDEEMED>                    735,351
<SHARES-REINVESTED>                            168,702
<NET-CHANGE-IN-ASSETS>                         390,097
<ACCUMULATED-NII-PRIOR>                        451,806
<ACCUMULATED-GAINS-PRIOR>                          476
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          163,010
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                229,826
<AVERAGE-NET-ASSETS>                        38,895,820
<PER-SHARE-NAV-BEGIN>                             9.77
<PER-SHARE-NII>                                   0.44
<PER-SHARE-GAIN-APPREC>                         (0.03)
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.45
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               9.73
<EXPENSE-RATIO>                                   1.19
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853977
<NAME> HERITAGE INCOME TRUST
<SERIES>
   <NUMBER> 022
   <NAME> HIGH YIELD BOND FUND CLASS B SHARES

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             SEP-30-1998
<PERIOD-END>                               MAR-31-1999
<INVESTMENTS-AT-COST>                       57,505,396
<INVESTMENTS-AT-VALUE>                      53,991,822
<RECEIVABLES>                                1,470,608
<ASSETS-OTHER>                                  25,001
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              55,487,432
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      336,213
<TOTAL-LIABILITIES>                            336,213
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    58,924,386
<SHARES-COMMON-STOCK>                        5,673,845
<SHARES-COMMON-PRIOR>                        5,610,454
<ACCUMULATED-NII-CURRENT>                      419,639
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (679,233)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (3,513,574)
<NET-ASSETS>                                55,151,218
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            2,789,195
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 361,978
<NET-INVESTMENT-INCOME>                      2,427,217
<REALIZED-GAINS-CURRENT>                     (679,709)
<APPREC-INCREASE-CURRENT>                      490,539
<NET-CHANGE-FROM-OPS>                        2,238,047
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    2,459,384
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        630,040
<NUMBER-OF-SHARES-REDEEMED>                    735,351
<SHARES-REINVESTED>                            168,702
<NET-CHANGE-IN-ASSETS>                         390,097
<ACCUMULATED-NII-PRIOR>                        451,806
<ACCUMULATED-GAINS-PRIOR>                          476
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          163,010
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 18,980
<AVERAGE-NET-ASSETS>                         2,239,037
<PER-SHARE-NAV-BEGIN>                             9.73
<PER-SHARE-NII>                                   0.42
<PER-SHARE-GAIN-APPREC>                         (0.04)
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.42
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               9.69
<EXPENSE-RATIO>                                   1.70
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000853977
<NAME> HERITAGE INCOME TRUST
<SERIES>
   <NUMBER> 023
   <NAME> HIGH YIELD BOND FUND CLASS C SHARES

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             SEP-30-1998
<PERIOD-END>                               MAR-31-1999
<INVESTMENTS-AT-COST>                       57,505,396
<INVESTMENTS-AT-VALUE>                      53,991,822
<RECEIVABLES>                                1,470,608
<ASSETS-OTHER>                                  25,001
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              55,487,432
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      336,213
<TOTAL-LIABILITIES>                            336,213
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    58,924,386
<SHARES-COMMON-STOCK>                        5,673,845
<SHARES-COMMON-PRIOR>                        5,610,454
<ACCUMULATED-NII-CURRENT>                      419,639
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (679,233)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (3,513,574)
<NET-ASSETS>                                55,151,218
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            2,789,195
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 361,978
<NET-INVESTMENT-INCOME>                      2,427,217
<REALIZED-GAINS-CURRENT>                     (679,709)
<APPREC-INCREASE-CURRENT>                      490,539
<NET-CHANGE-FROM-OPS>                        2,238,047
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    2,459,384
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        630,040
<NUMBER-OF-SHARES-REDEEMED>                    735,351
<SHARES-REINVESTED>                            168,702
<NET-CHANGE-IN-ASSETS>                         390,097
<ACCUMULATED-NII-PRIOR>                        451,806
<ACCUMULATED-GAINS-PRIOR>                          476
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          163,010
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                113,172
<AVERAGE-NET-ASSETS>                        13,350,924
<PER-SHARE-NAV-BEGIN>                             9.73
<PER-SHARE-NII>                                   0.41
<PER-SHARE-GAIN-APPREC>                         (0.03)
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.42
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               9.69
<EXPENSE-RATIO>                                   1.70
[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