<PAGE> PAGE 1
000 B000000 12/31/96
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
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018 000000 Y
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019 C000000 COLUMBIAFD
022 A000001 GOLDMAN SACHS & CO.
022 B000001 135108880
022 C000001 140342
022 D000001 134436
022 A000002 SALOMON BROTHERS, INC.
022 B000002 133082694
022 C000002 73428
022 D000002 84096
022 A000003 BEAR, STEARNS & CO.
022 B000003 133299429
022 C000003 71075
022 D000003 55513
022 A000004 SMITH BARNEY, SHEARSON
022 B000004 131912900
022 C000004 64308
022 D000004 48250
022 A000005 MORGAN STANLEY & CO.
022 B000005 132655998
022 C000005 47745
022 D000005 32581
022 A000006 MERRILL LYNCH, PIERCE
022 B000006 135674085
022 C000006 43264
022 D000006 20009
022 A000007 PRUDENTIAL-BACHE SECURITIES
<PAGE> PAGE 2
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022 C000007 27379
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022 A000008 GREENWICH CAPITAL MARKETS
022 B000008 133172275
022 C000008 13466
022 D000008 21484
022 A000009 PAINE WEBBER, INC.
022 B000009 132638166
022 C000009 15881
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022 A000010 LEHMAN BROTHERS
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022 C000010 24161
022 D000010 3292
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
074 S000000 0
074 T000000 356421
074 U010000 27249
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080 A000000 ICI MUTUAL INSURANCE COMPANY
080 C000000 15000
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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
AUDITED ANNUAL REPORT OF THE COLUMBIA FUNDS DATED DECEMBER 31, 1996, AND
THE AUDITED ANNUAL REPORT OF THE COLUMBIA FUNDS DATED DECEMBER 31, 1995,
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000707833
<NAME> COLUMBIA FIXED INCOME SECURITIES, INC.
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1996
<PERIOD-START> JAN-01-1996
<PERIOD-END> DEC-31-1996
<INVESTMENTS-AT-COST> 337,752,702
<INVESTMENTS-AT-VALUE> 339,758,146
<RECEIVABLES> 6,856,716
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 13,097,375
<TOTAL-ASSETS> 359,712,237
<PAYABLE-FOR-SECURITIES> 2,081,329
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,210,012
<TOTAL-LIABILITIES> 3,291,341
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 356,318,019
<SHARES-COMMON-STOCK> 27,249,412
<SHARES-COMMON-PRIOR> 23,415,807
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,902,567)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,005,444
<NET-ASSETS> 356,420,896
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 23,974,914
<OTHER-INCOME> 0
<EXPENSES-NET> 2,151,430
<NET-INVESTMENT-INCOME> 21,823,484
<REALIZED-GAINS-CURRENT> 1,600,093
<APPREC-INCREASE-CURRENT> (11,107,884)
<NET-CHANGE-FROM-OPS> 12,315,693
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 21,823,484
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,571,457
<NUMBER-OF-SHARES-REDEEMED> 7,165,704
<SHARES-REINVESTED> 1,427,852
<NET-CHANGE-IN-ASSETS> 40,162,093
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (3,614,749)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,668,004
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,151,430
<AVERAGE-NET-ASSETS> 334,092,747
<PER-SHARE-NAV-BEGIN> 13.51
<PER-SHARE-NII> .85
<PER-SHARE-GAIN-APPREC> (.43)
<PER-SHARE-DIVIDEND> .85
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.08
<EXPENSE-RATIO> .64
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
