HATTERAS INCOME SECURITIES INC
NSAR-A, EX-27, 2000-08-28
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<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>
<NUMBER> 010
<NAME> HATTERAS INCOME SECURITIES INC.

<S>                                      <C>
<PERIOD-TYPE>                            6-MOS
<FISCAL-YEAR-END>                        DEC-31-2000
<PERIOD-END>                             JUN-30-2000
<INVESTMENTS-AT-COST>                                 47,372,945
<INVESTMENTS-AT-VALUE>                                45,838,502
<RECEIVABLES>                                            723,003
<ASSETS-OTHER>                                                 0
<OTHER-ITEMS-ASSETS>                                   1,800,013
<TOTAL-ASSETS>                                        48,361,518
<PAYABLE-FOR-SECURITIES>                                       0
<SENIOR-LONG-TERM-DEBT>                                        0
<OTHER-ITEMS-LIABILITIES>                                (75,338)
<TOTAL-LIABILITIES>                                      (75,338)
<SENIOR-EQUITY>                                                0
<PAID-IN-CAPITAL-COMMON>                              53,764,030
<SHARES-COMMON-STOCK>                                  3,363,512
<SHARES-COMMON-PRIOR>                                  3,363,512
<ACCUMULATED-NII-CURRENT>                                 31,410
<OVERDISTRIBUTION-NII>                                         0
<ACCUMULATED-NET-GAINS>                                        0
<OVERDISTRIBUTION-GAINS>                              (3,974,817)
<ACCUM-APPREC-OR-DEPREC>                              (1,534,443)
<NET-ASSETS>                                          48,286,180
<DIVIDEND-INCOME>                                              0
<INTEREST-INCOME>                                      1,957,344
<OTHER-INCOME>                                                 0
<EXPENSES-NET>                                           215,130
<NET-INVESTMENT-INCOME>                                1,742,214
<REALIZED-GAINS-CURRENT>                              (2,066,789)
<APPREC-INCREASE-CURRENT>                              1,137,776
<NET-CHANGE-FROM-OPS>                                    813,201
<EQUALIZATION>                                                 0
<DISTRIBUTIONS-OF-INCOME>                             (1,816,308)
<DISTRIBUTIONS-OF-GAINS>                                       0
<DISTRIBUTIONS-OTHER>                                          0
<NUMBER-OF-SHARES-SOLD>                                        0
<NUMBER-OF-SHARES-REDEEMED>                                    0
<SHARES-REINVESTED>                                            0
<NET-CHANGE-IN-ASSETS>                                (1,003,107)
<ACCUMULATED-NII-PRIOR>                                  105,504
<ACCUMULATED-GAINS-PRIOR>                                      0
<OVERDISTRIB-NII-PRIOR>                                        0
<OVERDIST-NET-GAINS-PRIOR>                            (1,908,028)
<GROSS-ADVISORY-FEES>                                    136,886
<INTEREST-EXPENSE>                                             0
<GROSS-EXPENSE>                                          226,214
<AVERAGE-NET-ASSETS>                                  24,011,152
<PER-SHARE-NAV-BEGIN>                                      14.65
<PER-SHARE-NII>                                             0.52
<PER-SHARE-GAIN-APPREC>                                    (0.27)
<PER-SHARE-DIVIDEND>                                       (0.54)
<PER-SHARE-DISTRIBUTIONS>                                   0.00
<RETURNS-OF-CAPITAL>                                        0.00
<PER-SHARE-NAV-END>                                        14.36
<EXPENSE-RATIO>                                             0.89


</TABLE>


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