FEDERATED U S GOVERNMENT SECURITIES FUND 1-3 YEARS
NSAR-B/A, 1995-05-01
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<PAGE>      PAGE  1
000 B000000 02/28/95
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001 A000000 FEDERATED U.S. GOV'T SECURITIES FUND: 1-3 YRS
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<PAGE>      PAGE  2
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
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015 A000002 NATIONSBANC CAPITAL MARKETS, INC.
015 B000002 S
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015 B000003 S
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015 C020004 NY
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<PAGE>      PAGE  3
015 C010009 NEW YORK
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022 A000003 CHASE MANHATTAN BANK, N.A.
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022 B000007 13-5123346
022 C000007     50008
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022 A000008 FUJI SECURITIES, INC
022 B000008 13-5624234
022 C000008     49129
022 D000008     50289
022 A000009 MERRILL LYNCH, FENNER & SMITH, INC.
022 B000009 13-5674085
022 C000009     50357
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022 A000010 FIRST BOSTON CORP.
022 B000010 13-5659485
022 C000010     34729
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SIGNATURE   S. ELLIOTT COHAN                             
TITLE       ASST. GEN. COUNSEL  
 


<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   1                                              
     <NAME>                     Federated U.S. Government Securities Fund:  1- 
                                (formerly Federated Short-Intermediate Governm 
                                Trust) Institutional Shares                    
<PERIOD-TYPE>                   12-MOS                                         
<FISCAL-YEAR-END>               Feb-28-1995                                    
<PERIOD-END>                    Feb-28-1995                                    
<INVESTMENTS-AT-COST>           708,564,219                                    
<INVESTMENTS-AT-VALUE>          714,712,638                                    
<RECEIVABLES>                   10,605,938                                     
<ASSETS-OTHER>                  3,153                                          
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  725,321,729                                    
<PAYABLE-FOR-SECURITIES>        0                                              
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       9,076,904                                      
<TOTAL-LIABILITIES>             9,076,904                                      
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        841,097,271                                    
<SHARES-COMMON-STOCK>           67,014,317                                     
<SHARES-COMMON-PRIOR>           82,079,862                                     
<ACCUMULATED-NII-CURRENT>       0                                              
<OVERDISTRIBUTION-NII>          0                                              
<ACCUMULATED-NET-GAINS>         (131,199,670)                                  
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        6,347,224                                      
<NET-ASSETS>                    687,036,574                                    
<DIVIDEND-INCOME>               0                                              
<INTEREST-INCOME>               42,848,394                                     
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  4,211,922                                      
<NET-INVESTMENT-INCOME>         38,636,472                                     
<REALIZED-GAINS-CURRENT>        (26,211,391)                                   
<APPREC-INCREASE-CURRENT>       9,714,843                                      
<NET-CHANGE-FROM-OPS>           22,139,924                                     
<EQUALIZATION>                  0                                              
<DISTRIBUTIONS-OF-INCOME>       37,103,608                                     
<DISTRIBUTIONS-OF-GAINS>        0                                              
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         23,657,172                                     
<NUMBER-OF-SHARES-REDEEMED>     40,237,187                                     
<SHARES-REINVESTED>             1,514,470                                      
<NET-CHANGE-IN-ASSETS>          (182,216,559)                                  
<ACCUMULATED-NII-PRIOR>         0                                              
<ACCUMULATED-GAINS-PRIOR>       (104,988,279)                                  
<OVERDISTRIB-NII-PRIOR>         0                                              
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           3,060,247                                      
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 4,438,797                                      
<AVERAGE-NET-ASSETS>            766,908,285                                    
<PER-SHARE-NAV-BEGIN>           10.460                                         
<PER-SHARE-NII>                 0.520                                          
<PER-SHARE-GAIN-APPREC>         (0.210)                                        
<PER-SHARE-DIVIDEND>            0.520                                          
<PER-SHARE-DISTRIBUTIONS>       0.000                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             10.250                                         
<EXPENSE-RATIO>                 54                                             
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>

<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   2                                              
     <NAME>                     Federated U.S. Government Securities Fund:  1- 
                                (formerly Federated Short-Intermediate Governm 
                                Trust) Institutional Service Shares            
<PERIOD-TYPE>                   12-MOS                                         
<FISCAL-YEAR-END>               Feb-28-1995                                    
<PERIOD-END>                    Feb-28-1995                                    
<INVESTMENTS-AT-COST>           708,564,219                                    
<INVESTMENTS-AT-VALUE>          714,712,638                                    
<RECEIVABLES>                   10,605,938                                     
<ASSETS-OTHER>                  3,153                                          
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  725,321,729                                    
<PAYABLE-FOR-SECURITIES>        0                                              
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       9,076,904                                      
<TOTAL-LIABILITIES>             9,076,904                                      
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        841,097,271                                    
<SHARES-COMMON-STOCK>           2,849,035                                      
<SHARES-COMMON-PRIOR>           3,815,124                                      
<ACCUMULATED-NII-CURRENT>       0                                              
<OVERDISTRIBUTION-NII>          0                                              
<ACCUMULATED-NET-GAINS>         (131,199,670)                                  
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        6,347,224                                      
<NET-ASSETS>                    29,208,251                                     
<DIVIDEND-INCOME>               0                                              
<INTEREST-INCOME>               42,848,394                                     
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  4,211,922                                      
<NET-INVESTMENT-INCOME>         38,636,472                                     
<REALIZED-GAINS-CURRENT>        (26,211,391)                                   
<APPREC-INCREASE-CURRENT>       9,714,843                                      
<NET-CHANGE-FROM-OPS>           22,139,924                                     
<EQUALIZATION>                  0                                              
<DISTRIBUTIONS-OF-INCOME>       37,103,608                                     
<DISTRIBUTIONS-OF-GAINS>        0                                              
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         2,652,469                                      
<NUMBER-OF-SHARES-REDEEMED>     3,739,382                                      
<SHARES-REINVESTED>             120,824                                        
<NET-CHANGE-IN-ASSETS>          (182,216,559)                                  
<ACCUMULATED-NII-PRIOR>         0                                              
<ACCUMULATED-GAINS-PRIOR>       (104,988,279)                                  
<OVERDISTRIB-NII-PRIOR>         0                                              
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           3,060,247                                      
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 4,438,797                                      
<AVERAGE-NET-ASSETS>            766,908,285                                    
<PER-SHARE-NAV-BEGIN>           10.460                                         
<PER-SHARE-NII>                 0.500                                          
<PER-SHARE-GAIN-APPREC>         (0.210)                                        
<PER-SHARE-DIVIDEND>            0.500                                          
<PER-SHARE-DISTRIBUTIONS>       0.000                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             10.250                                         
<EXPENSE-RATIO>                 79                                             
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>


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