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 TOTAL RETURN FIXED INCOME FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 37601978
<INVESTMENTS-AT-VALUE> 37588301
<RECEIVABLES> 753501
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 37406
<TOTAL-ASSETS> 38379208
<PAYABLE-FOR-SECURITIES> 1805730
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 82405
<TOTAL-LIABILITIES> 1888135
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 37901559
<SHARES-COMMON-STOCK> 4071244
<SHARES-COMMON-PRIOR> 2753564
<ACCUMULATED-NII-CURRENT> 9045
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (1405854)
<ACCUM-APPREC-OR-DEPREC> (13677)
<NET-ASSETS> 36491073
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2108390
<OTHER-INCOME> 0
<EXPENSES-NET> 191851
<NET-INVESTMENT-INCOME> 1916539
<REALIZED-GAINS-CURRENT> (597621)
<APPREC-INCREASE-CURRENT> 454407
<NET-CHANGE-FROM-OPS> 1773325
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1942545)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3320895
<NUMBER-OF-SHARES-REDEEMED> (2218981)
<SHARES-REINVESTED> 215766
<NET-CHANGE-IN-ASSETS> 11534183
<ACCUMULATED-NII-PRIOR> 13399
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (784787)
<GROSS-ADVISORY-FEES> 144194
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 360380
<AVERAGE-NET-ASSETS> 238839260
<PER-SHARE-NAV-BEGIN> 9.06
<PER-SHARE-NII> 0.59
<PER-SHARE-GAIN-APPREC> (0.09)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (0.60)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 8.96
<EXPENSE-RATIO> 0.67
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
