<PAGE> PAGE 1
000 B000000 12/31/95
000 C000000 0000230316
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 JEFFERSON-PILOT INVESTMENT GRADE BOND FUND
001 B000000 811-2808
001 C000000 9106913698
002 A000000 100 NORTH GREENE STREET
002 B000000 GREENSBORO
002 C000000 NC
002 D010000 27401
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
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 A000001 JP INVESTMENT MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-8093
008 D010001 GREENSBORO
008 D020001 NC
008 D030001 27401
011 A000001 JEFFERSON-PILOT INVESTOR SERVICES, INC.
011 B000001 8-15753
011 C010001 GREENSBORO
011 C020001 NC
011 C030001 27401
012 A000001 INVESTORS FIDUCIARY TRUST COMPANY
012 B000001 85-00535
012 C010001 KANSAS CITY
012 C020001 MO
012 C030001 64105
013 A000001 MCGLADREY & PULLEN
013 B010001 NEW YORK
013 B020001 NY
<PAGE> PAGE 2
013 B030001 10017
014 A000001 JEFFERSON-PILOT INVESTOR SERVICES, INC.
014 B000001 8-15753
015 A000001 INVESTORS FIDUCIARY TRUST COMPANY
015 B000001 C
015 C010001 KANSAS CITY
015 C020001 MO
015 C030001 64105
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 4
019 C000000 JEFFERSONP
020 A000001 NONE
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 GENERAL ELECTRIC CAPITAL CORPORATION
022 B000001 13-1500700
022 C000001 8700
022 D000001 0
022 A000002 CHERVON OIL FINANCE COMPANY
022 B000002 25-1215010
022 C000002 6200
022 D000002 0
022 A000003 MERRILL LYNCH
022 B000003 13-5674085
022 C000003 4218
022 D000003 5079
022 A000004 GOLDMAN SACHS & COMPANY
022 B000004 13-5108880
022 C000004 3750
022 D000004 0
022 A000005 AMERICAN EXPRESS CREDIT CORPORATION
022 B000005 11-1988350
022 C000005 3400
022 D000005 0
022 A000006 DONALDSON LUFKIN JENRETTE
022 B000006 13-2741729
022 C000006 1796
022 D000006 2435
022 A000007 CS FIRST BOSTON CORPORATION
022 B000007 13-5659485
<PAGE> PAGE 3
022 C000007 1800
022 D000007 0
022 A000008 TRUST COMPANY BANK OF ATLANTA
022 B000008 58-0466330
022 C000008 1250
022 D000008 0
022 A000009 DEERE & COMPANY
022 B000009 36-2382580
022 C000009 900
022 D000009 0
022 A000010 FORD MOTOR CREDIT COMPANY
022 B000010 38-1612444
022 C000010 600
022 D000010 0
023 C000000 33614
023 D000000 7514
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 45
028 A020000 236
028 A030000 0
028 A040000 146
028 B010000 35
028 B020000 0
028 B030000 0
028 B040000 124
028 C010000 20
028 C020000 0
028 C030000 0
028 C040000 349
028 D010000 35
028 D020000 218
028 D030000 0
028 D040000 77
<PAGE> PAGE 4
028 E010000 17
028 E020000 0
028 E030000 0
028 E040000 266
028 F010000 23
028 F020000 186
028 F030000 0
028 F040000 304
028 G010000 175
028 G020000 640
028 G030000 0
028 G040000 1266
028 H000000 172
029 000000 Y
030 A000000 4
030 B000000 4.50
030 C000000 1.00
031 A000000 2
031 B000000 0
032 000000 0
033 000000 3
034 000000 N
035 000000 0
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 N
042 A000000 0
042 B000000 0
042 C000000 0
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 0
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.500
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
<PAGE> PAGE 5
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 Y
054 F000000 N
054 G000000 Y
054 H000000 N
054 I000000 N
054 J000000 N
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 300
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.9
<PAGE> PAGE 6
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 57.3
062 N000000 0.0
062 O000000 0.0
062 P000000 41.8
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 10.1
064 A000000 N
064 B000000 N
066 A000000 N
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 N
070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 N
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 N
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
<PAGE> PAGE 7
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 7023
071 B000000 7551
071 C000000 20714
071 D000000 34
072 A000000 12
072 B000000 1605
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 110
072 G000000 0
072 H000000 0
072 I000000 47
072 J000000 0
072 K000000 0
072 L000000 7
072 M000000 4
072 N000000 0
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 24
072 S000000 0
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 6
072 X000000 198
072 Y000000 0
072 Z000000 1407
072AA000000 0
072BB000000 45
072CC010000 2333
072CC020000 0
072DD010000 1403
072DD020000 0
072EE000000 0
073 A010000 0.6010
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 255
074 B000000 0
074 C000000 200
074 D000000 21522
074 E000000 0
074 F000000 0
074 G000000 0
<PAGE> PAGE 8
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 364
074 M000000 0
074 N000000 22341
074 O000000 0
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 51
074 S000000 0
074 T000000 22290
074 U010000 2308
074 U020000 0
074 V010000 9.66
074 V020000 0.00
074 W000000 0.0000
074 X000000 672
074 Y000000 0
075 A000000 0
075 B000000 21959
076 000000 0.00
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
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A000000 HARTFORD FIRE INSURANCE COMPANY
080 C000000 250
081 A000000 Y
081 B000000 3
082 A000000 N
<PAGE> PAGE 9
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 N
085 B000000 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
SIGNATURE J. GREGORY POOLE
TITLE SECRETARY
