<PAGE> PAGE 1
000 A000000 06/30/1999
000 C000000 707833
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
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
007 B000000 0
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 2.7
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 6.6
062 N000000 40.9
062 O000000 0.0
062 P000000 37.4
062 Q000000 12.2
062 R000000 0.2
071 A000000 384822
071 B000000 360939
071 C000000 410861
071 D000000 88
072 A000000 6
074 N000000 436165
074 T000000 428968
075 A000000 0
075 B000000 436144
077 A000000 N
<PAGE> PAGE 2
SIGNATURE J. JERRY INSKEEP, JR.
TITLE 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, 1999, AND
THE AUDITED ANNUAL REPORT OF THE COLUMBIA FUNDS DATED DECEMBER 31, 1998,
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> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-START> JAN-01-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 425,045,461
<INVESTMENTS-AT-VALUE> 416,545,769
<RECEIVABLES> 8,129,643
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 11,489,395
<TOTAL-ASSETS> 436,164,807
<PAYABLE-FOR-SECURITIES> 3,394,713
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,802,404
<TOTAL-LIABILITIES> 7,197,117
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 440,231,943
<SHARES-COMMON-STOCK> 33,526,415
<SHARES-COMMON-PRIOR> 31,478,253
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,764,561)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (8,499,692)
<NET-ASSETS> 428,967,690
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 14,195,639
<OTHER-INCOME> 0
<EXPENSES-NET> 1,421,850
<NET-INVESTMENT-INCOME> 12,773,789
<REALIZED-GAINS-CURRENT> (2,887,942)
<APPREC-INCREASE-CURRENT> (17,816,552)
<NET-CHANGE-FROM-OPS> (7,930,705)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 12,773,789
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7,066,731
<NUMBER-OF-SHARES-REDEEMED> 5,820,416
<SHARES-REINVESTED> 801,847
<NET-CHANGE-IN-ASSETS> 6,637,559
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 123,381
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,084,022
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,421,850
<AVERAGE-NET-ASSETS> 436,143,756
<PER-SHARE-NAV-BEGIN> 13.42
<PER-SHARE-NII> .38
<PER-SHARE-GAIN-APPREC> (.63)
<PER-SHARE-DIVIDEND> .38
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.79
<EXPENSE-RATIO> .66
</TABLE>
