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012 B00AA01 85-07877
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013 A00AA01 KPMG PEAT MARWICK
<PAGE> PAGE 2
013 B01AA01 MINNEAPOLIS
013 B02AA01 MN
013 B03AA01 55402
015 A00AA01 FIRST NATIONAL BANK OF MINNEAPOLIS
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022 A000005 MSCI
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<PAGE> PAGE 3
022 C000006 3814
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022 B000007 13-5659485
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022 B000009 13-5108880
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 9
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SIGNATURE TAMARA L. FAGELY
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 5 - 9 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049929
<NAME> FORTIS INCOME PORTFOLIOS INC.
<SERIES>
<NUMBER> 1
<NAME> FORTIS U.S. GOVERNMENT SECURITIES FUND CLASS A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUL-31-1996
<PERIOD-START> AUG-01-1995
<PERIOD-END> JAN-31-1996
<INVESTMENTS-AT-COST> 456,803,300
<INVESTMENTS-AT-VALUE> 469,942,352
<RECEIVABLES> 5,925,869
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<TOTAL-LIABILITIES> 238,928,100
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 515,310,100
<SHARES-COMMON-STOCK> 1,536,916
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<ACCUMULATED-NET-GAINS> (53,750,086)
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<INTEREST-INCOME> 17,887,221
<OTHER-INCOME> 93,075<F2>
<EXPENSES-NET> (1,976,879)
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<FN>
<F1>SECURITIES VALUED AT $229,373,434 WERE ON LOANED TO BROKERS AND THE FUND
RECEIVED $237,634,842 IN COLLATERAL.
<F2>INCOME RECEIVED FROM THE SECURITY LENDING PROGRAM.
<F3>ANNUALIZED
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 5 - 9 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049929
<NAME> FORTIS INCOME PORTFOLIOS INC.
<SERIES>
<NUMBER> 1
<NAME> FORTIS U.S. GOVERNMENT SECURITIES FUND CLASS B
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<S> <C>
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<FISCAL-YEAR-END> JUL-31-1996
<PERIOD-START> AUG-01-1995
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<INVESTMENTS-AT-COST> 456,803,300
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<FN>
<F1>SECURITIES VALUED AT $229,373,434 WERE ON LOANED TO BROKERS AND THE FUND
RECEIVED $237,634,842 IN COLLATERAL.
<F2>INCOME RECEIVED FROM THE SECURITY LENDING PROGRAM.
<F3>ANNUALIZED
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 5 - 9 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049929
<NAME> FORTIS INCOME PORTFOLIOS INC.
<SERIES>
<NUMBER> 1
<NAME> FORTIS U.S. GOVERNMENT SECURITIES FUND CLASS C
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<PERIOD-START> AUG-01-1995
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<FN>
<F1>SECURITIES VALUED AT $229,373,434 WERE ON LOANED TO BROKERS AND THE FUND
RECEIVED $237,634,842 IN COLLATERAL.
<F2>INCOME RECEIVED FROM THE SECURITY LENDING PROGRAM.
<F3>ANNUALIZED
</FN>
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 5 - 9 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049929
<NAME> FORTIS INCOME PORTFOLIOS INC.
<SERIES>
<NUMBER> 1
<NAME> FORTIS U.S. GOVERNMENT SECURITIES FUND CLASS E
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<ACCUMULATED-GAINS-PRIOR> (59,756,962)
<OVERDISTRIB-NII-PRIOR> (17,686)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,712,358
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,976,879
<AVERAGE-NET-ASSETS> 478,042,000
<PER-SHARE-NAV-BEGIN> 9.02
<PER-SHARE-NII> .31
<PER-SHARE-GAIN-APPREC> .30
<PER-SHARE-DIVIDEND> (.31)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.32
<EXPENSE-RATIO> .80<F3>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $229,373,434 WERE ON LOANED TO BROKERS AND THE FUND
RECEIVED $237,634,842 IN COLLATERAL.
<F2>INCOME RECEIVED FROM THE SECURITY LENDING PROGRAM.
<F3>ANNUALIZED
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN NET ASSETS FOUND ON PAGES 5 - 9 OF THE SEMI-ANNUAL SHAREHOLDER
REPORT.
</LEGEND>
<CIK> 0000049929
<NAME> FORTIS INCOME PORTFOLIOS INC.
<SERIES>
<NUMBER> 1
<NAME> FORTIS U.S. GOVERNMENT SECURITIES FUND CLASS H
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUL-31-1996
<PERIOD-START> AUG-01-1995
<PERIOD-END> JAN-31-1996
<INVESTMENTS-AT-COST> 456,803,300
<INVESTMENTS-AT-VALUE> 469,942,352
<RECEIVABLES> 5,925,869
<ASSETS-OTHER> 237,634,842<F1>
<OTHER-ITEMS-ASSETS> 53,309
<TOTAL-ASSETS> 713,556,372
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 238,928,100<F1>
<TOTAL-LIABILITIES> 238,928,100
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 515,310,100
<SHARES-COMMON-STOCK> 861,982
<SHARES-COMMON-PRIOR> 534,676
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (70,794)
<ACCUMULATED-NET-GAINS> (53,750,086)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 13,139,052
<NET-ASSETS> 474,628,272
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 17,887,221
<OTHER-INCOME> 93,075<F2>
<EXPENSES-NET> (1,976,879)
<NET-INVESTMENT-INCOME> 16,003,417
<REALIZED-GAINS-CURRENT> 6,006,876
<APPREC-INCREASE-CURRENT> 9,271,423
<NET-CHANGE-FROM-OPS> 31,281,716
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (192,920)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 419,966
<NUMBER-OF-SHARES-REDEEMED> (107,891)
<SHARES-REINVESTED> 15,231
<NET-CHANGE-IN-ASSETS> (6,508,518)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (59,756,962)
<OVERDISTRIB-NII-PRIOR> (17,686)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,712,358
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,976,879
<AVERAGE-NET-ASSETS> 478,042,000
<PER-SHARE-NAV-BEGIN> 9.02
<PER-SHARE-NII> .27
<PER-SHARE-GAIN-APPREC> .29
<PER-SHARE-DIVIDEND> (.27)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.31
<EXPENSE-RATIO> 1.80<F3>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $229,373,434 WERE ON LOANED TO BROKERS AND THE FUND
RECEIVED $237,634,842 IN COLLATERAL.
<F2>INCOME RECEIVED FROM THE SECURITY LENDING PROGRAM.
<F3>ANNUALIZED
</FN>
</TABLE>
