FEDERATED INVESTMENT PORTFOLIOS
NSAR-B, 1996-07-30
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<PAGE>      PAGE  1
000 B000000 05/31/96
000 C000000 0001001525
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FEDERATED INVESTMENT PORTFOLIOS
001 B000000 811-07461
001 C000000 4122881432
002 A000000 FEDERATED INVESTORS TOWER
002 B000000 PITTSBURGH
002 C000000 PA
002 D010000 15222
002 D020000 3779
003  000000 Y
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
007 C010100  1
007 C020100 BOND INDEX FUND
007 C030100 N
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 FEDERATED MANAGEMENT
008 B00AA01 A
008 C00AA01 801-34610
008 D01AA01 PITTSBURGH
008 D02AA01 PA
008 D03AA01 15222
008 D04AA01 3779
008 A00AA04 U.S. TRUST COMPANY OF NEW YORK
008 B00AA04 S
008 C00AA04 801-0000
008 D01AA04 NEW YORK
008 D02AA04 NY
008 D03AA04 10036
008 D04AA04 1532
010 A00AA01 FEDERATED ADMINISTRATIVE SERVICES
010 C01AA01 PITTSBURGH
<PAGE>      PAGE  2
010 C02AA01 PA
010 C03AA01 15222
010 C04AA01 3779
011 A00AA01 FEDERATED SECURITIES CORP.
011 B00AA01 8-15561
011 C01AA01 PITTSBURGH
011 C02AA01 PA
011 C03AA01 15222
011 C04AA01 3779
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 PITTSBURGH
013 B02AA01 PA
013 B03AA01 15219
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 C000001      0
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        0
022 A000001 SALOMON BROTHERS, INC.
022 B000001 13-3082694
022 C000001       764
022 D000001         0
022 A000002 CITICORP SECURITIES MARKETS, INC.
022 B000002 13-5266470
022 C000002       679
022 D000002         0
022 A000003 J.P. MORGAN SECURITIES, INC.
022 B000003 13-3224016
022 C000003       659
022 D000003         0
022 A000004 MORGAN STANLEY & CO., INC.
022 B000004 13-2655998
022 C000004       613
022 D000004         0
022 A000005 GRUNTAL & CO., INC.
022 B000005 13-3179859
022 C000005       612
022 D000005         0
022 A000006 NOMURA SECURITIES INTERNATIONAL, INC.
022 B000006 13-2642206
022 C000006       591
022 D000006         0
<PAGE>      PAGE  3
022 A000007 DONALDSON, LUFKIN, & JENRETTE SEC. CORP.
022 B000007 13-2741729
022 C000007       413
022 D000007         0
022 A000008 LEHMAN BROTHERS, INC.
022 B000008 13-2518466
022 C000008       403
022 D000008         0
022 A000009 GOLDMAN, SACHS & CO.
022 B000009 13-5108880
022 C000009       323
022 D000009         0
022 C000010         0
022 D000010         0
023 C000000       5057
023 D000000          0
025 A00AA01 LEHMAN BROTHERS, INC.
025 C00AA01 D
025 D00AA01     514
025 D00AA02       0
025 D00AA03       0
025 D00AA04       0
025 D00AA05       0
025 D00AA06       0
025 D00AA07       0
025 D00AA08       0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 N
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
027  000000 Y
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
<PAGE>      PAGE  4
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061  00AA00        0
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
078  000000 N
080 A00AA00 THE AETNA CASUALTY AND SURETY COMPANY
080 B00AA00 ICI MUTUAL INSURANCE COMPANY
080 C00AA00    85000
081 A00AA00 Y
081 B00AA00  77
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
015 A000101 INVESTORS BANK & TRUST COMPANY
015 B000101 C
015 C010101 BOSTON
015 C020101 MA
015 C030101 02205
015 C040101 1537
015 E010101 X
024  000100 Y
028 A010100         0
028 A020100         0
028 A030100         0
028 A040100         0
028 B010100         0
028 B020100         0
028 B030100         0
028 B040100         0
<PAGE>      PAGE  5
028 C010100         0
028 C020100         0
028 C030100         0
028 C040100         0
028 D010100         0
028 D020100         0
028 D030100         0
028 D040100         0
028 E010100         0
028 E020100         0
028 E030100         0
028 E040100         0
028 F010100         0
028 F020100         0
028 F030100         0
028 F040100         0
028 G010100         0
028 G020100         0
028 G030100         0
028 G040100         0
028 H000100         0
029  000100 N
030 A000100      0
030 B000100  0.00
030 C000100  0.00
031 A000100      0
031 B000100      0
032  000100      0
033  000100      0
034  000100 N
035  000100      0
036 B000100      0
037  000100 N
038  000100      0
039  000100 N
040  000100 N
042 A000100   0
042 B000100   0
042 C000100   0
042 D000100   0
042 E000100   0
042 F000100   0
042 G000100   0
042 H000100   0
043  000100      0
044  000100      0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.250
048 A010100        0
<PAGE>      PAGE  6
048 A020100 0.000
048 B010100        0
048 B020100 0.000
048 C010100        0
048 C020100 0.000
048 D010100        0
048 D020100 0.000
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
048 G010100        0
048 G020100 0.000
048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100        0
048 K020100 0.000
049  000100 N
050  000100 N
051  000100 N
052  000100 N
053 A000100 Y
053 B000100 Y
053 C000100 N
055 A000100 N
055 B000100 N
056  000100 N
057  000100 N
062 A000100 Y
062 B000100   0.0
062 C000100   0.0
062 D000100   0.0
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100  46.0
062 N000100  34.6
062 O000100   0.0
062 P000100  16.9
062 Q000100   1.2
062 R000100   0.0
063 A000100   0
<PAGE>      PAGE  7
063 B000100 14.9
064 A000100 N
064 B000100 N
066 A000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 Y
070 R020100 N
071 A000100     14847
071 B000100      6827
071 C000100     16052
071 D000100   43
072 A000100 12
072 B000100     1155
072 C000100        0
<PAGE>      PAGE  8
072 D000100        0
072 E000100        0
072 F000100       41
072 G000100       29
072 H000100        0
072 I000100        0
072 J000100        9
072 K000100        0
072 L000100        0
072 M000100        2
072 N000100        0
072 O000100        0
072 P000100        0
072 Q000100       53
072 R000100       15
072 S000100        4
072 T000100        0
072 U000100        4
072 V000100        0
072 W000100        2
072 X000100      159
072 Y000100      145
072 Z000100     1141
072AA000100      229
072BB000100        0
072CC010100        0
072CC020100      715
072DD010100        0
072DD020100        0
072EE000100        0
073 A010100   0.0000
073 A020100   0.0000
073 B000100   0.0000
073 C000100   0.0000
074 A000100      883
074 B000100        0
074 C000100        0
074 D000100    22313
074 E000100        0
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100      260
074 M000100        5
074 N000100    23461
074 O000100      844
074 P000100        0
074 Q000100        0
<PAGE>      PAGE  9
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100       18
074 S000100    22599
074 T000100        0
074 U010100        0
074 U020100        0
074 V010100     0.00
074 V020100     0.00
074 W000100   0.0000
074 X000100        0
074 Y000100        0
075 A000100        0
075 B000100    16505
076  000100     0.00
SIGNATURE   S. ELLIOT COHAN                              
TITLE       ASST. GEN. COUNSEL  
 


<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   01                                             
     <NAME>                     Federated Investment Portfolios                
                                Bond Index Fund                                
                                                                               
<PERIOD-TYPE>                   12-Mos                                         
<FISCAL-YEAR-END>               May-31-1996                                    
<PERIOD-END>                    May-31-1996                                    
<INVESTMENTS-AT-COST>           22,416,142                                     
<INVESTMENTS-AT-VALUE>          22,312,687                                     
<RECEIVABLES>                   260,325                                        
<ASSETS-OTHER>                  888,356                                        
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  23,461,368                                     
<PAYABLE-FOR-SECURITIES>        844,393                                        
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       17,533                                         
<TOTAL-LIABILITIES>             861,926                                        
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        22,599,442                                     
<SHARES-COMMON-STOCK>           0                                              
<SHARES-COMMON-PRIOR>           0                                              
<ACCUMULATED-NII-CURRENT>       0                                              
<OVERDISTRIBUTION-NII>          0                                              
<ACCUMULATED-NET-GAINS>         0                                              
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        0                                              
<NET-ASSETS>                    22,599,442                                     
<DIVIDEND-INCOME>               0                                              
<INTEREST-INCOME>               1,155,382                                      
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  14,105                                         
<NET-INVESTMENT-INCOME>         1,141,277                                      
<REALIZED-GAINS-CURRENT>        228,503                                        
<APPREC-INCREASE-CURRENT>       (715,007)                                      
<NET-CHANGE-FROM-OPS>           654,773                                        
<EQUALIZATION>                  0                                              
<DISTRIBUTIONS-OF-INCOME>       0                                              
<DISTRIBUTIONS-OF-GAINS>        0                                              
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         0                                              
<NUMBER-OF-SHARES-REDEEMED>     0                                              
<SHARES-REINVESTED>             0                                              
<NET-CHANGE-IN-ASSETS>          6,318,587                                      
<ACCUMULATED-NII-PRIOR>         0                                              
<ACCUMULATED-GAINS-PRIOR>       0                                              
<OVERDISTRIB-NII-PRIOR>         0                                              
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           17,632                                         
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 80,052                                         
<AVERAGE-NET-ASSETS>            17,095,114                                     
<PER-SHARE-NAV-BEGIN>           0.000                                          
<PER-SHARE-NII>                 0.000                                          
<PER-SHARE-GAIN-APPREC>         0.000                                          
<PER-SHARE-DIVIDEND>            0.000                                          
<PER-SHARE-DISTRIBUTIONS>       0.000                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             0.000                                          
<EXPENSE-RATIO>                 0.09                                           
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>


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