LEGG MASON TAX FREE INCOME FUND
NSAR-A, 1998-11-25
Previous: UNIVERSAL CAPITAL INVESTMENT TRUST, N-30D, 1998-11-25
Next: LEGG MASON TAX FREE INCOME FUND, N-30D, 1998-11-25



<PAGE>      PAGE  1
000 A000000 09/30/98
000 C000000 869906
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 LEGG MASON TAX-FREE INCOME FUND
001 B000000 811-6223
001 C000000 4105390000
002 A000000 100 LIGHT STREET
002 B000000 BALTIMORE
002 C000000 MD
002 D010000 21202
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 LEGG MASON MARYLAND TAX-FREE INCOME TRUST
007 C030100 N
007 C010200  2
007 C020200 LEGG MASON PENNSYLVANIA TAX-FREE INCOME TRUST
007 C030200 N
007 C010300  3
007 C020300 LEGG MASON TAX-FREE INTERM.-TERM INCOME TRUST
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 LEGG MASON CAPITAL MANGEMENT, INC.
008 B00AA01 A
008 C00AA01 801-18115
008 D01AA01 BALTIMORE
008 D02AA01 MD
008 D03AA01 21202
010 A00AA01 LEGG MASON FUND ADVISER, INC.
010 B00AA01 801-16958
010 C01AA01 BALTIMORE
010 C02AA01 MD
010 C03AA01 21202
011 A00AA01 LEGG MASON WOOD WALKER, INCORPORATED
011 B00AA01 8-01-6767
<PAGE>      PAGE  2
011 C01AA01 BALTIMORE
011 C02AA01 MD
011 C03AA01 21202
012 A00AA01 BOSTON FINANCIAL DATA SERVICES
012 B00AA01 84-00896
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02105
013 A00AA01 PRICEWATERHOUSECOOPERS L.L.P.
013 B01AA01 BALTIMORE
013 B02AA01 MD
013 B03AA01 21202
013 A00AA13 COOPERS & LYBRAND, L.L.P.
013 B01AA13 BALTIMORE
013 B02AA13 MD
013 B03AA13 21202
014 A00AA01 LEGG MASON WOOD WALKER, INCORPORATED
014 B00AA01 8-01-6767
014 A00AA06 LEGG MASON WOOD WALKER, INCORPORATED
014 B00AA06 8-01-6767
015 A00AA01 STATE STREET CORPORATION
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02105
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   19
019 C00AA00 LEGGMASONW
020 C000001      0
020 C000002      0
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        0
022 A000001 LEHMAN BROGHERS INC.
022 B000001 13-2518466
022 C000001     62118
022 D000001         0
022 A000002 GOLDMAN, SACHS CO.
022 B000002 13-5108880
022 C000002     10000
022 D000002      6700
022 A000003 SMITH BARNEY INC.
022 B000003 13-3371860
<PAGE>      PAGE  3
022 C000003      8675
022 D000003      5618
022 A000004 MORGAN (J.P.) SECURITIES INC.
022 B000004 13-3224016
022 C000004      2300
022 D000004     11466
022 A000005 FERRIS, BAKER WATTS, INCORPORATED
022 B000005 52-0909521
022 C000005     12604
022 D000005         0
022 A000006 PNC CAPITAL MARKETS, INC.
022 B000006 25-1471636
022 C000006      2844
022 D000006      4945
022 A000007 FIRST UNION CAPITAL MARKETS
022 B000007 56-1529080
022 C000007      7323
022 D000007         0
022 A000008 SATE STREET BANK AND TRUST COMPANY
022 B000008 04-1867445
022 C000008      7300
022 D000008         0
022 A000009 FIRST CHICAGO CAPITAL MARKETS, INC.
022 B000009 36-3595942
022 C000009      4175
022 D000009      2000
022 A000010 COMMERCE CAPITAL TOTAL
022 B000010 23-2177819
022 C000010      2980
022 D000010         0
023 C000000     120319
023 D000000      30729
024  00AA00 N
025 D00AA01       0
025 D00AA02       0
025 D00AA03       0
025 D00AA04       0
025 D00AA05       0
025 D00AA06       0
025 D00AA07       0
025 D00AA08       0
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027  000000 Y
<PAGE>      PAGE  4
034  00AA00 N
035  00AA00      0
036 B00AA00      0
045  00AA00 Y
046  00AA00 N
047  00AA00 Y
048  00AA00  0.550
048 A01AA00        0
048 A02AA00 0.000
048 B01AA00        0
048 B02AA00 0.000
048 C01AA00        0
048 C02AA00 0.000
048 D01AA00        0
048 D02AA00 0.000
048 E01AA00        0
048 E02AA00 0.000
048 F01AA00        0
048 F02AA00 0.000
048 G01AA00        0
048 G02AA00 0.000
048 H01AA00        0
048 H02AA00 0.000
048 I01AA00        0
048 I02AA00 0.000
048 J01AA00        0
048 J02AA00 0.000
048 K01AA00        0
048 K02AA00 0.000
049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 N
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
<PAGE>      PAGE  5
055 A00AA00 N
055 B00AA00 N
056  00AA00 N
057  00AA00 N
058 A00AA00 N
059  00AA00 Y
060 A00AA00 N
060 B00AA00 N
061  00AA00     1000
066 A00AA00 N
067  00AA00 N
068 A00AA00 N
068 B00AA00 N
069  00AA00 N
077 A000000 Y
077 B000000 N
077 O000000 Y
078  000000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 C00AA00    20000
081 A00AA00 Y
081 B00AA00  43
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
028 A010100      3168
028 A020100       443
028 A030100         0
028 A040100      3212
028 B010100      1769
028 B020100       447
028 B030100         0
028 B040100      1634
028 C010100      2545
<PAGE>      PAGE  6
028 C020100       467
028 C030100         0
028 C040100       850
028 D010100      2652
028 D020100       461
028 D030100         0
028 D040100      1652
028 E010100      1876
028 E020100       761
028 E030100         0
028 E040100      1523
028 F010100      3925
028 F020100       443
028 F030100         0
028 F040100      1720
028 G010100     15935
028 G020100      3022
028 G030100         0
028 G040100     10591
028 H000100         0
029  000100 N
030 A000100      0
030 B000100  0.00
030 C000100  0.00
031 A000100      0
031 B000100      0
032  000100      0
033  000100      0
037  000100 N
038  000100      0
039  000100 N
040  000100 Y
041  000100 Y
042 A000100   0
042 B000100   0
042 C000100 100
042 D000100   0
042 E000100   0
042 F000100   0
042 G000100   0
042 H000100   0
043  000100    198
044  000100      0
062 A000100 Y
062 B000100   0.0
062 C000100   0.0
062 D000100   0.0
062 E000100   2.2
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
<PAGE>      PAGE  7
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100   0.0
062 N000100   0.0
062 O000100  95.7
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
063 A000100   0
063 B000100 16.1
064 A000100 Y
064 B000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100     19220
<PAGE>      PAGE  8
071 B000100      9283
071 C000100    151120
071 D000100    6
072 A000100  6
072 B000100     4317
072 C000100        0
072 D000100        0
072 E000100        0
072 F000100      435
072 G000100        0
072 H000100        0
072 I000100       21
072 J000100       43
072 K000100        3
072 L000100        4
072 M000100        3
072 N000100        3
072 O000100        0
072 P000100        0
072 Q000100        0
072 R000100        8
072 S000100        9
072 T000100      198
072 U000100        0
072 V000100        0
072 W000100        3
072 X000100      730
072 Y000100      176
072 Z000100     3763
072AA000100      225
072BB000100        0
072CC010100     2615
072CC020100        0
072DD010100     3763
072DD020100        0
072EE000100      312
073 A010100   0.3900
073 A020100   0.0000
073 B000100   0.0300
073 C000100   0.0000
074 A000100       34
074 B000100        0
074 C000100     3600
074 D000100   158261
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
<PAGE>      PAGE  9
074 L000100     3981
074 M000100        4
074 N000100   165880
074 O000100        0
074 P000100       78
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100      439
074 S000100        0
074 T000100   165363
074 U010100     9937
074 U020100        0
074 V010100    16.64
074 V020100     0.00
074 W000100   0.0000
074 X000100     3991
074 Y000100        0
075 A000100        0
075 B000100   157741
076  000100     0.00
028 A010200       927
028 A020200       194
028 A030200         0
028 A040200       835
028 B010200       816
028 B020200       196
028 B030200         0
028 B040200       688
028 C010200       560
028 C020200       206
028 C030200         0
028 C040200       813
028 D010200       830
028 D020200       198
028 D030200         0
028 D040200       811
028 E010200       731
028 E020200       290
028 E030200         0
028 E040200       560
028 F010200      1278
028 F020200       193
028 F030200         0
028 F040200       604
028 G010200      5142
028 G020200      1277
028 G030200         0
028 G040200      4311
028 H000200         0
<PAGE>      PAGE  10
029  000200 N
030 A000200      0
030 B000200  0.00
030 C000200  0.00
031 A000200      0
031 B000200      0
032  000200      0
033  000200      0
037  000200 N
038  000200      0
039  000200 N
040  000200 Y
041  000200 Y
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     86
044  000200      0
062 A000200 Y
062 B000200   0.0
062 C000200   0.0
062 D000200   0.0
062 E000200   2.4
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  96.3
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
063 A000200   0
063 B000200 18.4
064 A000200 Y
064 B000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 Y
070 C020200 N
<PAGE>      PAGE  11
070 D010200 N
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200     10304
071 B000200      6117
071 C000200     66064
071 D000200    9
072 A000200  6
072 B000200     1928
072 C000200        0
072 D000200        0
072 E000200        3
072 F000200      190
072 G000200        0
072 H000200        0
072 I000200       11
072 J000200       35
072 K000200        2
072 L000200        2
072 M000200        3
072 N000200        3
072 O000200        0
072 P000200        0
072 Q000200        0
<PAGE>      PAGE  12
072 R000200        7
072 S000200        6
072 T000200       86
072 U000200        0
072 V000200        0
072 W000200        1
072 X000200      346
072 Y000200      105
072 Z000200     1691
072AA000200      113
072BB000200        0
072CC010200     1079
072CC020200        0
072DD010200     1685
072DD020200        6
072EE000200       88
073 A010200   0.4000
073 A020200   0.4200
073 B000200   0.0200
073 C000200   0.0000
074 A000200        8
074 B000200        0
074 C000200     1700
074 D000200    68751
074 E000200        0
074 F000200        0
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200        0
074 K000200        0
074 L000200     1155
074 M000200        2
074 N000200    71616
074 O000200        0
074 P000200       29
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200      236
074 S000200        0
074 T000200    71351
074 U010200     4244
074 U020200       17
074 V010200    16.74
074 V020200    16.74
074 W000200   0.0000
074 X000200     1807
074 Y000200        0
075 A000200        0
<PAGE>      PAGE  13
075 B000200    68978
076  000200     0.00
028 A010300      1257
028 A020300       157
028 A030300         0
028 A040300      1872
028 B010300      1108
028 B020300       156
028 B030300         0
028 B040300      1135
028 C010300      2368
028 C020300       160
028 C030300         0
028 C040300      1715
028 D010300       712
028 D020300       155
028 D030300         0
028 D040300      1111
028 E010300      1176
028 E020300       167
028 E030300         0
028 E040300       730
028 F010300      1373
028 F020300       152
028 F030300         0
028 F040300       852
028 G010300      7994
028 G020300       947
028 G030300         0
028 G040300      7415
028 H000300         0
029  000300 N
030 A000300      0
030 B000300  0.00
030 C000300  0.00
031 A000300      0
031 B000300      0
032  000300      0
033  000300      0
037  000300 N
038  000300      0
039  000300 N
040  000300 Y
041  000300 Y
042 A000300   0
042 B000300   0
042 C000300 100
042 D000300   0
042 E000300   0
042 F000300   0
042 G000300   0
<PAGE>      PAGE  14
042 H000300   0
043  000300     75
044  000300      0
062 A000300 Y
062 B000300   0.0
062 C000300   0.0
062 D000300   0.0
062 E000300   1.9
062 F000300   0.0
062 G000300   0.0
062 H000300   0.0
062 I000300   0.0
062 J000300   0.0
062 K000300   0.0
062 L000300   0.0
062 M000300   0.0
062 N000300   0.0
062 O000300  97.0
062 P000300   0.0
062 Q000300   0.0
062 R000300   0.0
063 A000300   0
063 B000300  8.0
064 A000300 Y
064 B000300 N
070 A010300 Y
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 N
070 J020300 N
070 K010300 N
070 K020300 N
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
<PAGE>      PAGE  15
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300      7703
071 B000300      6542
071 C000300     58005
071 D000300   11
072 A000300  6
072 B000300     1483
072 C000300        0
072 D000300        0
072 E000300        0
072 F000300      164
072 G000300        0
072 H000300        0
072 I000300        8
072 J000300       31
072 K000300        1
072 L000300        1
072 M000300        3
072 N000300        6
072 O000300        0
072 P000300        0
072 Q000300        0
072 R000300        7
072 S000300        6
072 T000300       75
072 U000300        0
072 V000300        0
072 W000300        1
072 X000300      303
072 Y000300       94
072 Z000300     1275
072AA000300       72
072BB000300        0
072CC010300      895
072CC020300        0
072DD010300     1275
072DD020300        0
072EE000300        0
073 A010300   0.6700
073 A020300   0.0000
073 B000300   0.0000
073 C000300   0.0000
<PAGE>      PAGE  16
074 A000300       41
074 B000300        0
074 C000300     1175
074 D000300    59889
074 E000300        0
074 F000300        0
074 G000300        0
074 H000300        0
074 I000300        0
074 J000300        0
074 K000300        0
074 L000300     1281
074 M000300        2
074 N000300    62388
074 O000300      486
074 P000300       24
074 Q000300        0
074 R010300        0
074 R020300        0
074 R030300        0
074 R040300      130
074 S000300        0
074 T000300    61748
074 U010300     3894
074 U020300        0
074 V010300    15.86
074 V020300     0.00
074 W000300   0.0000
074 X000300     1293
074 Y000300        0
075 A000300        0
075 B000300    59474
076  000300     0.00
SIGNATURE   MARIE K. KARPINSKI                           
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000869906
<NAME> LEGG MASON TAX-FREE INCOME FUND
<SERIES>
   <NUMBER> 1
   <NAME> MARYLAND TAX-FREE INCOME TRUST
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-START>                             APR-01-1998
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                           149027
<INVESTMENTS-AT-VALUE>                          161861
<RECEIVABLES>                                     3981
<ASSETS-OTHER>                                       4
<OTHER-ITEMS-ASSETS>                                34
<TOTAL-ASSETS>                                  165880
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          517
<TOTAL-LIABILITIES>                                517
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        152309
<SHARES-COMMON-STOCK>                             9937
<SHARES-COMMON-PRIOR>                             9427
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            220
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         12834
<NET-ASSETS>                                    165363
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 4317
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     554
<NET-INVESTMENT-INCOME>                           3763
<REALIZED-GAINS-CURRENT>                           225
<APPREC-INCREASE-CURRENT>                         2615
<NET-CHANGE-FROM-OPS>                             6603
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         3763
<DISTRIBUTIONS-OF-GAINS>                           312
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            971
<NUMBER-OF-SHARES-REDEEMED>                      (646)
<SHARES-REINVESTED>                                184
<NET-CHANGE-IN-ASSETS>                           10894
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                          307
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              435
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    730
<AVERAGE-NET-ASSETS>                            157741
<PER-SHARE-NAV-BEGIN>                            16.39
<PER-SHARE-NII>                                    .39
<PER-SHARE-GAIN-APPREC>                            .28
<PER-SHARE-DIVIDEND>                             (.39)
<PER-SHARE-DISTRIBUTIONS>                        (.03)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.64
<EXPENSE-RATIO>                                    .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> 0000869906
<NAME> LEGG MASON TAX-FREE INCOME FUND
<SERIES>
   <NUMBER> 2
   <NAME> PENNSYLVANIA TAX-FREE INCOME TRUST-PRIMARY
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-START>                             APR-01-1998
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                            65164
<INVESTMENTS-AT-VALUE>                           70451
<RECEIVABLES>                                     1155
<ASSETS-OTHER>                                       2
<OTHER-ITEMS-ASSETS>                                 8
<TOTAL-ASSETS>                                   71616
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          265
<TOTAL-LIABILITIES>                                265
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         65952
<SHARES-COMMON-STOCK>                             4244
<SHARES-COMMON-PRIOR>                             4128
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                             (1)
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                           113
<ACCUM-APPREC-OR-DEPREC>                          5287
<NET-ASSETS>                                     71351
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1928
<OTHER-INCOME>                                       3
<EXPENSES-NET>                                     240
<NET-INVESTMENT-INCOME>                           1691
<REALIZED-GAINS-CURRENT>                           113
<APPREC-INCREASE-CURRENT>                         1079
<NET-CHANGE-FROM-OPS>                             2883
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         1686
<DISTRIBUTIONS-OF-GAINS>                            88
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            299
<NUMBER-OF-SHARES-REDEEMED>                        260
<SHARES-REINVESTED>                                 77
<NET-CHANGE-IN-ASSETS>                            3213
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                          88
<GROSS-ADVISORY-FEES>                              190
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    345
<AVERAGE-NET-ASSETS>                             68765
<PER-SHARE-NAV-BEGIN>                            16.48
<PER-SHARE-NII>                                    .40
<PER-SHARE-GAIN-APPREC>                            .28
<PER-SHARE-DIVIDEND>                             (.40)
<PER-SHARE-DISTRIBUTIONS>                        (.02)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.74
<EXPENSE-RATIO>                                    .70
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000869906
<NAME> LEGG MASON TAX-FREE INCOME FUND
<SERIES>
   <NUMBER> 2
   <NAME> PENNSYLVANIA TAX-FREE INCOME FUND - NAVIGATOR
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-START>                             APR-01-1998
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                            65164
<INVESTMENTS-AT-VALUE>                           70451
<RECEIVABLES>                                     1155
<ASSETS-OTHER>                                       2
<OTHER-ITEMS-ASSETS>                                 8
<TOTAL-ASSETS>                                   71616
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          265
<TOTAL-LIABILITIES>                                265
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         65952
<SHARES-COMMON-STOCK>                               17
<SHARES-COMMON-PRIOR>                                5
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                             (1)
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                           113
<ACCUM-APPREC-OR-DEPREC>                          5287
<NET-ASSETS>                                     71351
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1928
<OTHER-INCOME>                                       3
<EXPENSES-NET>                                     240
<NET-INVESTMENT-INCOME>                           1691
<REALIZED-GAINS-CURRENT>                           113
<APPREC-INCREASE-CURRENT>                         1079
<NET-CHANGE-FROM-OPS>                             2883
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            5
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             12
<NUMBER-OF-SHARES-REDEEMED>                          1
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            3213
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                          88
<GROSS-ADVISORY-FEES>                              190
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    345
<AVERAGE-NET-ASSETS>                               213
<PER-SHARE-NAV-BEGIN>                            16.48
<PER-SHARE-NII>                                    .42
<PER-SHARE-GAIN-APPREC>                            .28
<PER-SHARE-DIVIDEND>                             (.48)
<PER-SHARE-DISTRIBUTIONS>                        (.02)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.74
<EXPENSE-RATIO>                                    .45
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000869906
<NAME> LEGG MASON TAX-FREE INCOME FUND
<SERIES>
   <NUMBER> 3
   <NAME> TAX-FREE INTERMEDIATE-TERM INCOME TRUST
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1999
<PERIOD-START>                             APR-01-1998
<PERIOD-END>                               SEP-30-1998
<INVESTMENTS-AT-COST>                            58139
<INVESTMENTS-AT-VALUE>                           61064
<RECEIVABLES>                                     1281
<ASSETS-OTHER>                                       2
<OTHER-ITEMS-ASSETS>                                41
<TOTAL-ASSETS>                                   62388
<PAYABLE-FOR-SECURITIES>                           486
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          154
<TOTAL-LIABILITIES>                                640
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         58821
<SHARES-COMMON-STOCK>                             3894
<SHARES-COMMON-PRIOR>                             3796
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              2
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          2925
<NET-ASSETS>                                     61748
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 1483
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     209
<NET-INVESTMENT-INCOME>                           1275
<REALIZED-GAINS-CURRENT>                            72
<APPREC-INCREASE-CURRENT>                          895
<NET-CHANGE-FROM-OPS>                             2242
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         1275
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            552
<NUMBER-OF-SHARES-REDEEMED>                      (578)
<SHARES-REINVESTED>                                 71
<NET-CHANGE-IN-ASSETS>                            2493
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                         (70)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              164
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    303
<AVERAGE-NET-ASSETS>                             59474
<PER-SHARE-NAV-BEGIN>                            15.61
<PER-SHARE-NII>                                    .33
<PER-SHARE-GAIN-APPREC>                            .25
<PER-SHARE-DIVIDEND>                             (.33)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              15.86
<EXPENSE-RATIO>                                    .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