INTERCAPITAL QUALITY MUNICIPAL INVESTMENT TRUST
NSAR-B, 1995-12-29
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<PAGE>      PAGE  1
000 B000000 10/31/95
000 C000000 0000876982
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 J000000 A
001 A000000 INTERCAPITAL QUALITY MUNICIPAL INVESTMENT TRU
001 B000000 811-6346
001 C000000 2123921600
002 A000000 2 WORLD TRADE CENTER
002 B000000 NEW YORK
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008 A000001 DEAN WITTER INTERCAPITAL INC.
008 B000001 A
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008 D010001 NEW YORK
008 D020001 NY
008 D030001 10048
010 A000001 DELETE
012 A000001 DEAN WITTER TRUST COMPANY
012 B000001 84-1785
012 C010001 JERSEY CITY
012 C020001 NJ
012 C030001 07311
013 A000001 PRICE WATERHOUSE LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
014 A000001 DEAN WITTER REYNOLDS INC.
014 B000001 8-14172
015 A000001 THE BANK OF NEW YORK
<PAGE>      PAGE  2
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022 A000001 MORGAN (J.P.) SECURITIES, INC.
022 B000001 13-3224016
022 C000001     21400
022 D000001     22800
022 A000002 MERRILL LYNCH,PIERCE,FENNER & SMITH INC.
022 B000002 13-5674085
022 C000002     23325
022 D000002     10800
022 A000003 SMITH BARNEY SHEARSON INC.
022 B000003 13-1912900
022 C000003     10215
022 D000003      6900
022 A000004 LEHMAN BROTHERS INC.
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022 C000004      7803
022 D000004      6293
022 A000005 PAINEWEBBER INC.
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022 C000005      9760
022 D000005      3060
022 A000006 LAZARD FRERES & CO.
022 B000006 13-5545100
022 C000006         0
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022 A000007 GOLDMAN SACHS & CO.
022 B000007 13-5108880
022 C000007      7000
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022 A000008 DONALDSON LUFKIN & JENRETTE SEC.
<PAGE>      PAGE  3
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SIGNATURE   SHELDON CURTIS                               
TITLE       VP & GENERAL COUNSEL
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
icap quality muni investment trust
10/31/95
annual
</LEGEND>
<CIK> 0000876982
<NAME> INTERCAPITAL QUALITY MUNICIPAL INVESTMENT TRUST
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                      355,482,573
<INVESTMENTS-AT-VALUE>                     376,887,972
<RECEIVABLES>                                7,348,370
<ASSETS-OTHER>                                  33,250
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             384,269,592
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      349,747
<TOTAL-LIABILITIES>                            349,747
<SENIOR-EQUITY>                            105,000,000
<PAID-IN-CAPITAL-COMMON>                   253,363,310
<SHARES-COMMON-STOCK>                       18,212,813
<SHARES-COMMON-PRIOR>                       18,441,013
<ACCUMULATED-NII-CURRENT>                    1,138,188
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      3,012,948
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    21,405,399
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<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           24,270,201
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,971,979
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<REALIZED-GAINS-CURRENT>                     4,480,093
<APPREC-INCREASE-CURRENT>                   18,873,753
<NET-CHANGE-FROM-OPS>                       45,652,068
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (23,732,878)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>               (17,885,611)
<SHARES-REINVESTED>                                  0
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<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,309,098
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,989,610
<AVERAGE-NET-ASSETS>                       274,769,055
<PER-SHARE-NAV-BEGIN>                            14.09
<PER-SHARE-NII>                                   1.22
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<PER-SHARE-DIVIDEND>                            (1.30)
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<EXPENSE-RATIO>                                    .74
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</TABLE>


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