<PAGE> PAGE 1
000 A000000 06/30/97
000 C000000 707833
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 COLUMBIA FIXED INCOME SECURITIES FUND, INC.
001 B000000 811-3581
001 C000000 5032223600
002 A000000 1301 SW FIFTH AVENUE
002 B000000 PORTLAND
002 C000000 OR
002 D010000 97201
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
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020 C000001 0
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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 GOLDMAN SACHS & CO.
022 B000001 135108880
022 C000001 63681
022 D000001 61304
022 A000002 GREENWICH CAPITAL MARKETS
022 B000002 133172275
022 C000002 65036
022 D000002 47444
022 A000003 BEAR, STEARNS & CO.
022 B000003 133299429
022 C000003 51546
022 D000003 41449
022 A000004 UBS SECURITIES, INC.
022 B000004 132932996
022 C000004 10600
022 D000004 71147
022 A000005 LEHMAN GOVERNMENT SEC., INC.
022 B000005 132726611
<PAGE> PAGE 2
022 C000005 46602
022 D000005 17969
022 A000006 SALOMON BROTHERS, INC.
022 B000006 133082694
022 C000006 28948
022 D000006 29459
022 A000007 SMITH BARNEY, SHEARSON
022 B000007 131912900
022 C000007 23042
022 D000007 29949
022 A000008 LEHMAN BROTHERS
022 B000008 132518466
022 C000008 13120
022 D000008 27392
022 A000009 MORGAN STANLEY & CO., INC
022 B000009 132655998
022 C000009 15992
022 D000009 23847
022 A000010 DEUTSCHE BANK SECURITIES
022 B000010 132730828
022 C000010 22237
022 D000010 11409
023 C000000 433877
023 D000000 415795
024 000000 Y
025 A000001 BEAR STEARNS
025 B000001 133299429
025 C000001 D
025 D000001 2668
025 A000002 DEUTSCHE BANK
025 B000002 132730828
025 C000002 D
025 D000002 2762
025 A000003 GOLDMAN SACHS
025 B000003 135108880
025 C000003 D
025 D000003 3685
025 A000004 SALOMON, INC.
025 B000004 133082694
025 C000004 D
025 D000004 2959
025 A000005 MERRILL LYNCH
025 B000005 135674085
025 C000005 D
025 D000005 3643
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025 D000007 0
025 D000008 0
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028 A020000 1574
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<PAGE> PAGE 3
028 A040000 16849
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064 A000000 Y
<PAGE> PAGE 4
064 B000000 Y
065 000000 Y
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<PAGE> PAGE 5
074 I000000 0
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074 O000000 38290
074 P000000 150
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SIGNATURE GEORGE HANSETH
TITLE SR. VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
UNAUDITED SEMI-ANNUAL REPORT OF THE COLUMBIA FUNDS DATED JUNE 30, 1997,
AND THE AUDITED ANNUAL REPORT OF THE COLUMBIA FUNDS DATED DECEMBER 31,
1996, AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<CIK> 0000707833
<NAME> COLUMBIA FIXED INCOME SECURITIES FUND, INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 344,544,201
<INVESTMENTS-AT-VALUE> 346,392,354
<RECEIVABLES> 40,424,288
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 20,169,006
<TOTAL-ASSETS> 406,985,648
<PAYABLE-FOR-SECURITIES> 38,289,807
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 993,321
<TOTAL-LIABILITIES> 39,283,128
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 367,714,508
<SHARES-COMMON-STOCK> 28,129,175
<SHARES-COMMON-PRIOR> 27,249,412
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,850,141)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,838,153
<NET-ASSETS> 367,702,520
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 12,648,811
<OTHER-INCOME> 0
<EXPENSES-NET> 1,168,834
<NET-INVESTMENT-INCOME> 11,479,977
<REALIZED-GAINS-CURRENT> 52,426
<APPREC-INCREASE-CURRENT> (167,291)
<NET-CHANGE-FROM-OPS> 11,365,112
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 11,479,977
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,326,480
<NUMBER-OF-SHARES-REDEEMED> 4,158,174
<SHARES-REINVESTED> 711,457
<NET-CHANGE-IN-ASSETS> 11,281,624
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1,902,567)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 875,709
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,168,834
<AVERAGE-NET-ASSETS> 355,316,733
<PER-SHARE-NAV-BEGIN> 13.08
<PER-SHARE-NII> .42
<PER-SHARE-GAIN-APPREC> (.01)
<PER-SHARE-DIVIDEND> .42
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<PER-SHARE-NAV-END> 13.07
<EXPENSE-RATIO> .66
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<AVG-DEBT-PER-SHARE> 0
</TABLE>