UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                   Form 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2


Read instructions at end of Form before preparing Form.  Please print or type
   

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1     Name and address of issuer:
                              Kemper Short Term US Government Fund
                              Two International Place
                              Boston, MA 02110-4103

2     The name of each series or class of securities for which this Form is filed.
      (If the Form is being filed for all series and classes of securities of the issuer,           /___/
      check the box but do not list series or classes)

                              Kemper Short Term US Government Fund







3     Investment Company Act File Number:                              811-5195



      Securities Act File Number:                                      33-14832



4(a). Last day of fiscal year for which this Form is filed:            August 31, 1999



Note: If the Form is being filed late, interest must be paid on the registration fee due.
4(b). Check box if this Form is being filed late (i.e., more than 90 calendar days                  /___/
      after the end of the issuer's fiscal year).  (See Instruction A.2)




4(c). Check box if this is the last time the issuer will be filing this Form.                       /___/

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5     Calculation of registration fee:

(i)   Aggregate sale price of securities sold during the fiscal year pursuant to section 24(f):           $101,828,790.00



(ii)  Aggregate price of securities redeemed or repurchased during                  $134,273,195.00
      the fiscal year:



(iii) Aggregate price of securities redeemed or repurchased during                   $67,734,049.75
      any prior fiscal year ending no earlier than October 11, 1995
      that were not previously used to reduce registration fees payable
      to the commission:



(iv)  Total available redemption credits [add items 5(ii) and 5(iii)]:                                    $202,007,244.75

(v)   Net sales - if item 5(i) is greater than item 5(iv)                                                           $0.00
              [subtract item 5(iv) from item 5(i)]:


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(vi)   Redemption credits available for use in future years
       - if item 5(i) is less than item 5(iv) [subtract item 5(iv)                ($100,178,454.75)
       from item 5(i)]:
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(vii) Multiplier for determining registration fee (See Instruction C.9):                                  0.000278


(viii)Registration fee due [multiply item 5(v) by item 5(vii)]
      (enter "0" if no fee is due):                                                                                 $0.00

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6     Prepaid Shares

      If the response to item 5(i) was determined by deducting an amount of
      securities that were registered under the Securities Act of 1933 pursuant
      to rule 24e-2 as in effect before October 11, 1997, then report the amount
      of securities (number of shares or other units) deducted here:   .                                             0

      If there is a number of shares or other units that were registered pursuant
      to rule 24e-2 remaining unsold at the end of the fiscal year for which this
      form is filed that are available for use by the issuer in future fiscal
      years, then state that number here:                                                                            0

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7     Interest due - if this Form is being filed more than 90 days after the end of the issuer's                    $0.00
      fiscal year (see Instruction D):

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8     Total amount of the registration fee due plus any interest due [line 5(viii) plus line 7]:                    $0.00


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9     Date the registration fee and any interest payment was sent to the Commission's lockbox
      depository:

      Method of Delivery:                                                                           Wire Transfer

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SIGNATURES

This  report has been  signed  below by the  following  persons on behalf of the
issuer and in the capacities and on the dates indicated.



By (Signature and Title)*  /s/Caroline Pearson            Date 11/23/99
                           -------------------------           ----------
                           Caroline Pearson, Assistant Secretary

  *Please print the name and title of the signing officer below the signature.