WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000908802
<NAME> SCHRODER SERIES TRUST
<SERIES>
<NUMBER> 4
<NAME> SCHRODER INVESTMENT GRADE INCOME FUND
<S> <C>
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<SHARES-COMMON-PRIOR> 2753564
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<OVERDISTRIBUTION-GAINS> (1140325)
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<NET-INVESTMENT-INCOME> 776914
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<EQUALIZATION> 3562
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<NUMBER-OF-SHARES-REDEEMED> 1347462
<SHARES-REINVESTED> 89804
<NET-CHANGE-IN-ASSETS> (1414797)
<ACCUMULATED-NII-PRIOR> 13399
<ACCUMULATED-GAINS-PRIOR> (784787)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 59043
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 152176
<AVERAGE-NET-ASSETS> 23748351
<PER-SHARE-NAV-BEGIN> 9.06
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<PER-SHARE-NAV-END> 8.84
<EXPENSE-RATIO> .79
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
