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<PAGE> PAGE 2
013 B01AA01 MINNEAPOLIS
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013 B03AA01 55402
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022 C000005 60640
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022 A000006 MERRILL LYNCH, PIERCE FENNER & SMITH, INC.
<PAGE> PAGE 3
022 B000006 13-5674085
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022 C000009 42727
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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
<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 11 THROUGH 17 OF THE FORTIS BOND FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049929
<NAME> FORTIS INCOME PORTFOLIOS, INC.
<SERIES>
<NUMBER> 011
<NAME> U.S. GOVERNMENT SECURITIES FUND (CLASS A)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1996
<PERIOD-END> JUL-31-1997
<INVESTMENTS-AT-COST> 374,858,782
<INVESTMENTS-AT-VALUE> 385,736,039
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<TOTAL-ASSETS> 607,571,489
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<SENIOR-LONG-TERM-DEBT> 0
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<SENIOR-EQUITY> 0
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<ACCUMULATED-NET-GAINS> (73,520,074)
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<OTHER-INCOME> 191,064<F2>
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<DISTRIBUTIONS-OF-GAINS> 0
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<NUMBER-OF-SHARES-REDEEMED> (2,602,273)
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<NET-CHANGE-IN-ASSETS> (70,526,773)
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<ACCUMULATED-GAINS-PRIOR> (70,951,083)
<OVERDISTRIB-NII-PRIOR> 0
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<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $181,933,482 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO.
FOR COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $186,889,625 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH JULY 31, 1997.
</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 11 THROUGH 17 OF THE FORTIS BOND FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049929
<NAME> FORTIS INCOME PORTFOLIOS, INC.
<SERIES>
<NUMBER> 012
<NAME> U.S. GOVERNMENT SECURITIES FUND (CLASS B)
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<S> <C>
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<FN>
<F1>SECURITIES VALUED AT $181,933,482 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO.
FOR COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $186,889,625 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH JULY 31, 1997.
</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 11 THROUGH 17 OF THE FORTIS BOND FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049929
<NAME> FORTIS INCOME PORTFOLIOS, INC.
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<NUMBER> 013
<NAME> U.S. GOVERNMENT SECURITIES FUND (CLASS C)
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<FN>
<F1>SECURITIES VALUED AT $181,933,482 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO.
FOR COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $186,889,625 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH JULY 31, 1997.
</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 11 THROUGH 17 OF THE FORTIS BOND FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049929
<NAME> FORTIS INCOME PORTFOLIOS, INC.
<SERIES>
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<NAME> U.S. GOVERNMENT SECURITIES FUND (CLASS E)
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<ACCUMULATED-GAINS-PRIOR> (70,951,083)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,071,143
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,792,841
<AVERAGE-NET-ASSETS> 432,511,000
<PER-SHARE-NAV-BEGIN> 8.87
<PER-SHARE-NII> 0.54
<PER-SHARE-GAIN-APPREC> 0.32
<PER-SHARE-DIVIDEND> (0.54)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> (0.03)
<PER-SHARE-NAV-END> 9.16
<EXPENSE-RATIO> 0.81
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $181,933,482 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO.
FOR COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $186,889,625 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH JULY 31, 1997.
</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 11 THROUGH 17 OF THE FORTIS BOND FUNDS
ANNUAL SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000049929
<NAME> FORTIS INCOME PORTFOLIOS, INC.
<SERIES>
<NUMBER> 014
<NAME> U.S. GOVERNMENT SECURITIES FUND (CLASS H)
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUL-31-1997
<PERIOD-START> AUG-01-1996
<PERIOD-END> JUL-31-1997
<INVESTMENTS-AT-COST> 374,858,782
<INVESTMENTS-AT-VALUE> 385,736,039
<RECEIVABLES> 34,920,275
<ASSETS-OTHER> 186,889,625<F1>
<OTHER-ITEMS-ASSETS> 25,550
<TOTAL-ASSETS> 607,571,489
<PAYABLE-FOR-SECURITIES> 21,034,152
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 187,859,218<F1>
<TOTAL-LIABILITIES> 208,893,370
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 461,113,348
<SHARES-COMMON-STOCK> 1,164,372
<SHARES-COMMON-PRIOR> 1,142,208
<ACCUMULATED-NII-CURRENT> 207,588
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (73,520,074)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 10,877,257
<NET-ASSETS> 398,678,119
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 29,566,950
<OTHER-INCOME> 191,064<F2>
<EXPENSES-NET> (3,792,841)
<NET-INVESTMENT-INCOME> 25,965,173
<REALIZED-GAINS-CURRENT> (2,463,932)
<APPREC-INCREASE-CURRENT> 17,073,718
<NET-CHANGE-FROM-OPS> 40,574,959
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (544,458)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (27,066)
<NUMBER-OF-SHARES-SOLD> 373,676
<NUMBER-OF-SHARES-REDEEMED> (395,058)
<SHARES-REINVESTED> 43,546
<NET-CHANGE-IN-ASSETS> (70,526,773)
<ACCUMULATED-NII-PRIOR> 188,322
<ACCUMULATED-GAINS-PRIOR> (70,951,083)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,071,143
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,792,841
<AVERAGE-NET-ASSETS> 432,511,000
<PER-SHARE-NAV-BEGIN> 8.86
<PER-SHARE-NII> 0.46
<PER-SHARE-GAIN-APPREC> 0.31
<PER-SHARE-DIVIDEND> (0.47)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> (0.02)
<PER-SHARE-NAV-END> 9.14
<EXPENSE-RATIO> 1.80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>SECURITIES VALUED AT $181,933,482 WERE ON LOAN TO BROKERS FROM THE PORTFOLIO.
FOR COLLATERAL, THE PORTFOLIO'S CUSTODIAN RECEIVED $186,889,625 IN CASH.
<F2>SECURITY LENDING INCOME THROUGH JULY 31, 1997.
</FN>
</TABLE>
