UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: June 30, 2012 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: KEMPER CORPORATION Address: One East Wacker Drive, 9th Floor Chicago, IL 60601 13F File Number: 028-02715 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Richard Roeske Title: Vice President Phone: 312-661-4600 Signature, Place, and Date of Signing: /s/ Richard Roeske Chicago, IL August 13, 2012 KEMPER CORPORATION FORMERLY REPORTED UNDER THE NAME UNITRIN INC. Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 48 Form 13F Information Table Value Total: $255,448 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. No. 13F File Number Name 01 028-00121 TRINITY UNIVERSAL INSURANCE COMPANY FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- ABBOTT LABS COM 002824100 3868 60000 SH OTHER 01 0 60000 0 AIR PRODS & CHEMS INC COM 009158106 969 12000 SH OTHER 01 0 12000 0 ALTRIA GROUP INC COM 02209S103 4146 120000 SH OTHER 01 0 120000 0 APPLE INC COM 037833100 1402 2400 SH OTHER 01 0 2400 0 AUTOMATIC DATA PROCESSING IN COM 053015103 1948 35000 SH OTHER 01 0 35000 0 BANK OF AMERICA CORPORATION 7.25%CNV PFD L 060505682 244 250 SH DEFINED 01 250 0 0 BARCLAYS BANK PLC ADS7.75%PFD S4 06739H511 13062 520000 SH DEFINED 520000 0 0 BLACKROCK INC COM 09247X101 1053 6200 SH OTHER 01 0 6200 0 CATERPILLAR INC DEL COM 149123101 3057 36000 SH OTHER 01 0 36000 0 CHEVRON CORP NEW COM 166764100 6858 65000 SH OTHER 01 0 65000 0 CIT GROUP INC COM NEW 125581801 217 6099 SH DEFINED 6099 0 0 CIT GROUP INC COM NEW 125581801 33 927 SH DEFINED 927 0 0 COCA COLA CO COM 191216100 7819 100000 SH OTHER 01 0 100000 0 CONOCOPHILLIPS COM 20825C104 3073 55000 SH OTHER 01 0 55000 0 DISNEY WALT CO COM DISNEY 254687106 315 6500 SH OTHER 01 0 6500 0 ENTERPRISE PRODS PARTNERS L COM 293792107 3843 75000 SH OTHER 01 0 75000 0 EXXON MOBIL CORP COM 30231G102 9413 110000 SH OTHER 01 0 110000 0 FIFTH STREET FINANCE CORP COM 31678A103 7352 736689 SH DEFINED 01 736689 0 0 FREEPORT-MCMORAN COPPER & GO COM 35671D857 2044 60000 SH OTHER 01 0 60000 0 INTEL CORP COM 458140100 1999 75000 SH OTHER 01 0 75000 0 INTERNATIONAL BUSINESS MACHS COM 459200101 4498 23000 SH OTHER 01 0 23000 0 ISHARES TR IBOXX INV CPBD 464287242 29398 250000 SH DEFINED 01 250000 0 0 ISHARES TR IBOXX INV CPBD 464287242 5292 45000 SH DEFINED 45000 0 0 ISHARES TR IBOXX INV CPBD 464287242 63499 540000 SH DEFINED 540000 0 0 JOHNSON & JOHNSON COM 478160104 4391 65000 SH OTHER 01 0 65000 0 JPMORGAN CHASE & CO COM 46625H100 2287 64000 SH OTHER 01 0 64000 0 KRAFT FOODS INC CL A 50075N104 3283 85000 SH OTHER 01 0 85000 0 LAUDER ESTEE COS INC CL A 518439104 893 16500 SH OTHER 01 0 16500 0 MCDONALDS CORP COM 580135101 4692 53000 SH OTHER 01 0 53000 0 MERCK & CO INC NEW COM 58933Y105 1461 35000 SH OTHER 01 0 35000 0 NRG ENERGY INC COM NEW 629377508 2 118 SH DEFINED 118 0 0 OCCIDENTAL PETE CORP DEL COM 674599105 2788 32500 SH OTHER 01 0 32500 0 PEPSICO INC COM 713448108 3180 45000 SH OTHER 01 0 45000 0 PHILIP MORRIS INTL INC COM 718172109 10471 120000 SH OTHER 01 0 120000 0 PHILLIPS 66 COM 718546104 914 27500 SH OTHER 01 0 27500 0 PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 5253 65000 SH OTHER 01 0 65000 0 PRAXAIR INC COM 74005P104 1957 18000 SH OTHER 01 0 18000 0 PROCTER & GAMBLE CO COM 742718109 3700 60400 SH OTHER 01 0 60400 0 RESOLUTE FST PRODS INC COM 76117W109 39 3404 SH DEFINED 3404 0 0 TARGET CORP COM 87612E106 2444 42000 SH OTHER 01 0 42000 0 TCP CAP CORP COM 87238Q103 10718 741225 SH DEFINED 01 741225 0 0 TCP CAP CORP COM 87238Q103 10718 741225 SH DEFINED 741225 0 0 TEXAS INSTRS INC COM 882508104 1435 50000 SH OTHER 01 0 50000 0 TIME WARNER CABLE INC COM 88732J207 1026 12500 SH OTHER 01 0 12500 0 UNITED TECHNOLOGIES CORP COM 913017109 521 6900 SH OTHER 01 0 6900 0 WALGREEN CO COM 931422109 1479 50000 SH OTHER 01 0 50000 0 WAL-MART STORES INC COM 931142103 2998 43000 SH OTHER 01 0 43000 0 WILLIAMS PARTNERS L P COM UNIT L P 96950F104 3396 65000 SH OTHER 01 0 65000 0