Exhibit (m)(5)(iii)

                                  SERVICE PLAN

                  VAN KAMPEN INFLATION-LINKED FIXED INCOME FUND


         The plan set forth below (the "Service Plan") for the VAN KAMPEN
INFLATION-LINKED FIXED INCOME FUND (the "Fund"), a series of the Van Kampen
Trust (the "Trust"), describes the material terms and conditions under which
assets of the Fund may be used to compensate the Fund's principal underwriter,
within the meaning of the Investment Company Act of 1940, as amended (the "1940
Act"), brokers, dealers and other financial intermediaries (collectively
"Financial Intermediaries") for providing personal services to shareholders
and/or the maintenance of shareholder accounts with respect to each of its Class
A Shares of beneficial interest (the "Class A Shares"), its Class B Shares of
beneficial interest (the "Class B Shares"), and its Class C Shares of beneficial
interest (the "Class C Shares"). The Class A Shares, Class B Shares and Class C
Shares sometimes are referred to herein collectively as the "Shares." Each class
of Shares is offered and sold subject to a different combination of front-end
sales charges, distribution fees, service fees and contingent deferred sales
charges.1 Classes of shares, if any, subject to a front-end sales charge and a
distribution and/or service fee are referred to herein as "Front-End Classes"
and the Shares of such classes are referred to herein as "Front-End Shares."
Classes of shares, if any, subject to a contingent-deferred sales charge and a
distribution and/or a service fee are referred to herein as "CDSC Classes" and
Shares of such classes are referred to herein as "CDSC Shares." Classes of
shares, if any, subject to a front-end sales charge, a contingent-deferred sales
charge and a distribution and/or service fee are referred to herein as
"Combination Classes" and Shares of such class are referred to herein as
"Combination Shares."

         The Fund has adopted this Service Plan pursuant to which the Fund is
authorized to expend on an annual basis a portion of its average net assets
attributable to each class of Shares for providing personal services to
shareholders and/or the maintenance of shareholder accounts. The Fund also has
entered into a distribution and services agreement (the "Distribution and
Services Agreement") with Van Kampen Funds Inc. (the "Distributor"), pursuant to
which the Distributor acts as agent on behalf of the Fund in connection with the
implementation of the Service Plan and acts as the principal underwriter with
respect to each class of Shares. The Distributor may enter into shareholder
servicing agreements (the "Service Agreements") with brokers, dealers and other
financial intermediaries ("Financial Intermediaries") in order to implement this
Service Plan.

         1. The Fund hereby is authorized to pay a service fee with respect to
its Class A Shares, Class B Shares and Class C Shares to any Financial
Intermediary who provides personal services to shareholders and/or maintains
shareholder accounts in an annual amount not to exceed 0.25% of the average
annual net asset value of the Shares maintained in the Fund by such person that
were sold on or after the date on which this Service Plan was first implemented.
The aggregate annual amount of all such payments with respect to each such class
of Shares may not exceed 0.25% of the Fund's average annual net assets
attributable to the respective class of Shares sold on or after the date on
which this Service Plan was first implemented and maintained in the Fund more
than one year.

         2. Payments  pursuant to this Service Plan may be paid or prepaid on
behalf of the Fund by the Distributor acting as the Fund's agent.

         3. Payments by the Fund to the Distributor pursuant to this Service
Plan shall not be made more often than monthly upon receipt by the Fund of a
separate written expense report with respect to each class of Shares setting
forth the expenses qualifying for such reimbursement allocated to each class of
Shares and the purposes thereof.

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1    The Fund is authorized to offer multiple classes of shares pursuant to a
Rule 18f-3 Plan adopted under the 1940 Act.



         4. In the event that amounts payable hereunder with respect to a class
of Shares do not fully reimburse the Distributor for pre-paid service fees, such
unreimbursed service fee expenses will be carried forward and paid by the Fund
hereunder in future years so long as this Service Plan remains in effect,
subject to applicable laws and regulations. Reimbursements for service fee
related expenses payable hereunder with respect to a particular class of Shares
may not be used to subsidize services provided with respect to any other class
of Shares.

         5. The Fund shall not compensate the Distributor, and neither the Fund
nor the Distributor shall compensate any Financial Intermediary, for any service
related expenses incurred with respect to a class of Shares prior to the later
of (a) the implementation of this Service Plan with respect to such class of
Shares or (b) the date that such Financial Intermediary enters into a Service
Agreement with the Distributor.

         6. The Fund hereby authorizes the Distributor to enter into Service
Agreements with certain Financial Intermediaries to provide compensation to such
Financial Intermediaries for activities and services of the type referred to in
Paragraph 1 hereof. Prior to the implementation of a Service Agreement, such
agreement shall be approved by a majority of the Board of Trustees of the Trust
and a majority of the Disinterested Trustees (within the meaning of the 1940
Act) by a vote cast in person at a meeting called for the purpose of voting on
such Service Agreements. Such Service Agreements shall provide that the
Financial Intermediaries shall provide the Distributor with such information as
is reasonably necessary to permit the Distributor to comply with the reporting
requirements set forth in Paragraphs 3 and 8 hereof.

         7. Subject to the provisions of this Service Plan, the Fund is hereby
authorized to pay a service fee to any person that is not an "affiliated person"
or "interested person" of the Fund or its "investment adviser" or "principal
underwriter" (as such terms are defined in the 1940 Act) who provides any of the
foregoing services for the Fund. Such fee shall be paid only pursuant to written
agreements between the Fund and such other person the terms of which permit
payments to such person only in accordance with the provisions of this Service
Plan and which have the approval of a majority of the Disinterested Trustees by
vote cast separately with respect to each class of Shares and cast in person at
a meeting called for the purpose of voting on such written agreement.

         8. The Fund and the Distributor shall prepare separate written reports
for each class of Shares and shall submit such reports to the Fund's Board of
Trustees on a quarterly basis summarizing all payments made by them with respect
to each class of Shares pursuant to this Service Plan and the agreements
contemplated hereby, the purposes for which such payments were made and such
other information as the Board of Trustees or the Disinterested Trustees may
reasonably request from time to time, and the Board of Trustees shall review
such reports and other information.

         9. This Service Plan may be terminated with respect to a class of
Shares without penalty at any time by a majority of the Disinterested Trustees
or by a "majority of the outstanding voting securities" of the respective class
of Shares of the Fund.

         10. This Service Plan shall become effective upon its approval by (a) a
majority of the Board of Trustees and a majority of the Disinterested Trustees
by vote cast separately with respect to each class of Shares cast in person at a
meeting called for the purpose of voting on this Service Plan, and (b) with
respect to each class of Shares, a "majority of the outstanding voting
securities" (as such phrase is defined in the 1940 Act) of such class of Shares
voting separately as a class.

         11. This Service Plan and any agreement contemplated hereby shall
continue in effect beyond the first anniversary of its adoption by the Board of
Trustees of the Fund only so long as (a) its continuation is approved at least
annually in the manner set forth in clause (a) of paragraph 10 above and (b) the
selection and nomination of those Trustees of the Fund who are not "interested
persons" of the Fund are committed to the discretion of such Trustees.



         12. This Service Plan may not be amended to increase materially the
maximum amounts permitted to be expended hereunder except with the approval of a
"majority of the outstanding voting securities" of the respective class of
Shares of the Fund. This Service Plan may not be amended in any material respect
except with the approval of a majority of the Disinterested Trustees. Amendments
required to conform this Service Plan to changes in the 1940 Act, the rules and
regulations thereunder or the Conduct Rules of the Financial Industry Regulatory
Authority shall not be deemed to be material amendments.

                  The Trustees of the Trust have adopted this Service Plan as
trustees under the Declaration of Trust of the Trust and the policies of the
Trust adopted hereby are not binding upon any of the Trustees or shareholders of
the Trust individually, but bind only the trust estate.

Adopted
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