<PAGE> PAGE 1
000 A000000 08/31/1999
000 C000000 0000739594
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 FEDERATED U.S.GOVT SECURITIES FUND: 1-3 YEARS
001 B000000 811-3947
001 C000000 4122886653
002 A000000 FEDERATED INVESTORS TOWER
002 B000000 PITTSBURGH
002 C000000 PA
002 D010000 15222
002 D020000 3779
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
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007 C010300 3
007 C010400 4
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007 C010800 8
007 C010900 9
007 C011000 10
008 A000001 FEDERATED INVESTMENT MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-34610
008 D010001 PITTSBURGH
008 D020001 PA
008 D030001 15222
008 D040001 3779
010 A000001 FEDERATED SERVICES COMPANY
010 C010001 PITTSBURGH
010 C020001 PA
010 C030001 15222
010 C040001 3779
011 A000001 FEDERATED SECURITIES CORP.
011 B000001 8-15561
011 C010001 PITTSBURGH
011 C020001 PA
011 C030001 15222
011 C040001 3779
<PAGE> PAGE 2
012 A000001 FEDERATED SHAREHOLDER SERVICES COMPANY
012 B000001 84-1869
012 C010001 PITTSBURG
012 C020001 PA
012 C030001 15222
012 C040001 0000
013 A000001 ERNST & YOUNG LLP
013 B010001 BOSTON
013 B020001 MA
013 B030001 02116
013 B040001 5072
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02266
015 C040001 8600
015 E010001 X
015 A000002 PNC BANK, NA
015 B000002 S
015 C010002 PITTSBURGH
015 C020002 PA
015 C030002 15265
015 E010002 X
015 A000003 NATIONSBANK OF NORTH CAROLINA
015 B000003 S
015 C010003 CHARLOTTE
015 C020003 NC
015 C030003 28255
015 E010003 X
015 A000004 BANK OF NEW YORK
015 B000004 S
015 C010004 NEW YORK
015 C020004 NY
015 C030004 10006
015 E010004 X
015 A000005 THE CHASE MANHATTAN CORPORATION
015 B000005 S
015 C010005 NEW YORK
015 C020005 NY
015 C030005 10006
015 E010005 X
015 A000006 BANKERS TRUST CO.
015 B000006 S
015 C010006 NEW YORK
015 C020006 NY
015 C030006 10015
015 E010006 X
015 A000007 MORGAN GUARANTY BANK & TRUST CO.
015 B000007 S
015 C010007 NEW YORK
<PAGE> PAGE 3
015 C020007 NY
015 C030007 10015
015 E010007 X
018 000000 Y
019 A000000 N
019 B000000 0
020 C000001 0
020 C000002 0
020 C000003 0
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 SOCIETE GENERALE
022 C000001 2250005
022 D000001 0
022 A000002 MORGAN STANLEY AND CO., INC.
022 B000002 13-2655998
022 C000002 55538
022 D000002 131807
022 A000003 CHASE MANHATTAN BANK
022 B000003 13-2633612
022 C000003 81446
022 D000003 94478
022 A000004 SALOMON SMITH BARNEY INC
022 C000004 51621
022 D000004 71542
022 A000005 MORGAN GURANTY TRUST CO
022 B000005 03-5123346
022 C000005 30075
022 D000005 67173
022 A000006 BARCLAYS DEZOETE WEBB SECURITIES
022 C000006 33765
022 D000006 53729
022 A000007 BEAR STEARNS SECURITIES CO.
022 B000007 13-3299429
022 C000007 52235
022 D000007 35216
022 A000008 LEHMAN BROTHERS INC.
022 B000008 13-2518466
022 C000008 49851
022 D000008 29428
022 A000009 DLJ CAPITAL MARKETS
022 C000009 35684
022 D000009 36988
022 A000010 GOLDMAN SACHS & CO.
022 B000010 13-5108880
<PAGE> PAGE 4
022 C000010 35713
022 D000010 35049
023 C000000 2704528
023 D000000 579544
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
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025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 26183
028 A020000 0
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028 A040000 30713
028 B010000 13496
028 B020000 964
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028 B040000 128878
028 C010000 22808
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028 C040000 14737
028 D010000 15921
028 D020000 983
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028 D040000 21202
028 E010000 12081
028 E020000 988
028 E030000 0
028 E040000 19499
028 F010000 39468
028 F020000 1117
028 F030000 0
028 F040000 40063
028 G010000 129957
028 G020000 4973
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028 G040000 255092
<PAGE> PAGE 5
028 H000000 0
029 000000 N
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047 000000 Y
048 000000 0.400
048 A010000 0
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048 C010000 0
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048 D010000 0
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048 F010000 0
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048 G010000 0
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<PAGE> PAGE 6
048 K010000 0
048 K020000 0.000
049 000000 N
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054 F000000 N
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054 H000000 N
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054 K000000 N
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058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 25000
062 A000000 Y
062 B000000 0.0
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062 D000000 8.4
062 E000000 0.0
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<PAGE> PAGE 7
063 A000000 0
063 B000000 1.7
064 A000000 N
064 B000000 N
066 A000000 N
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068 B000000 N
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070 A010000 Y
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070 B010000 N
070 B020000 N
070 C010000 N
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 N
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 N
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 425928
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071 C000000 529160
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<PAGE> PAGE 8
072 C000000 0
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072 Z000000 12197
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074 A000000 1
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<PAGE> PAGE 9
074 Q000000 0
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074 V020000 10.37
074 W000000 0.0000
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076 000000 0.00
077 A000000 Y
077 B000000 N
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077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
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077 Q010000 Y
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078 000000 N
083 A000000 N
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<PAGE> PAGE 10
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SIGNATURE STEVE KEANE
TITLE ASST. GEN. COUNSEL
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000739594
<NAME> Federated U.S. Govt Securities Fund: 1-3 Years
<SERIES>
<NUMBER> 001
<NAME> Federated U.S. Govt Securities Fund: 1-3 Years - Institutional Shares
<S> <C>
<PERIOD-TYPE> 06-mos
<FISCAL-YEAR-END> FEB-28-2000
<PERIOD-END> AUG-31-1999
<INVESTMENTS-AT-COST> 520,728,289
<INVESTMENTS-AT-VALUE> 516,977,630
<RECEIVABLES> 39,744,435
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 1,089
<TOTAL-ASSETS> 556,723,154
<PAYABLE-FOR-SECURITIES> 36,193,371
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,157,460
<TOTAL-LIABILITIES> 38,350,831
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 532,999,131
<SHARES-COMMON-STOCK> 47,076,975
<SHARES-COMMON-PRIOR> 56,614,486
<ACCUMULATED-NII-CURRENT> 205,965
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (11,082,114)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,750,659)
<NET-ASSETS> 488,347,196
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 13,759,184
<OTHER-INCOME> 0
<EXPENSES-NET> (1,561,877)
<NET-INVESTMENT-INCOME> 12,197,307
<REALIZED-GAINS-CURRENT> (4,328,709)
<APPREC-INCREASE-CURRENT> 814,681
<NET-CHANGE-FROM-OPS> 8,683,279
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (10,967,472)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11,665,650
<NUMBER-OF-SHARES-REDEEMED> (21,608,258)
<SHARES-REINVESTED> 405,097
<NET-CHANGE-IN-ASSETS> (123,472,108)
<ACCUMULATED-NII-PRIOR> 1,186
<ACCUMULATED-GAINS-PRIOR> (6,753,405)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,102,346
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,303,702
<AVERAGE-NET-ASSETS> 498,731,107
<PER-SHARE-NAV-BEGIN> 10.440
<PER-SHARE-NII> 0.230
<PER-SHARE-GAIN-APPREC> (0.070)
<PER-SHARE-DIVIDEND> (0.230)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 10.37
<EXPENSE-RATIO> 0.54
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000739594
<NAME> Federated U.S. Govt Securities Fund: 1-3 Years
<SERIES>
<NUMBER> 002
<NAME> Federated U.S. Govt Securities Fund: 1-3 Years - Instituitonal Service Shares
<S> <C>
<PERIOD-TYPE> 06-mos
<FISCAL-YEAR-END> FEB-28-2000
<PERIOD-END> AUG-31-1999
<INVESTMENTS-AT-COST> 520,728,289
<INVESTMENTS-AT-VALUE> 516,977,630
<RECEIVABLES> 39,744,435
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 1,089
<TOTAL-ASSETS> 556,723,154
<PAYABLE-FOR-SECURITIES> 36,193,371
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,157,460
<TOTAL-LIABILITIES> 38,350,831
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 532,999,131
<SHARES-COMMON-STOCK> 2,894,498
<SHARES-COMMON-PRIOR> 4,837,687
<ACCUMULATED-NII-CURRENT> 205,965
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (11,082,114)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,750,659)
<NET-ASSETS> 30,025,127
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 13,759,184
<OTHER-INCOME> 0
<EXPENSES-NET> (1,561,877)
<NET-INVESTMENT-INCOME> 12,197,307
<REALIZED-GAINS-CURRENT> (4,328,709)
<APPREC-INCREASE-CURRENT> 814,681
<NET-CHANGE-FROM-OPS> 8,683,279
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,025,056)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 803,930
<NUMBER-OF-SHARES-REDEEMED> (2,819,043)
<SHARES-REINVESTED> 71,924
<NET-CHANGE-IN-ASSETS> (123,472,108)
<ACCUMULATED-NII-PRIOR> 1,186
<ACCUMULATED-GAINS-PRIOR> (6,753,405)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,102,346
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,303,702
<AVERAGE-NET-ASSETS> 49,446,298
<PER-SHARE-NAV-BEGIN> 10.440
<PER-SHARE-NII> 0.220
<PER-SHARE-GAIN-APPREC> (0.070)
<PER-SHARE-DIVIDEND> (0.220)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 10.370
<EXPENSE-RATIO> 0.79
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
Item 77 C -- Submission of Matters to a Vote of Security Holders
A Special Meeting of Shareholders of Federated U.S. Government Securities
Fund: 1-3 Years was held on June 21, 1999. The following items, which are
required to be reported under this Item 77C, were approved at the meeting:
1. ELECTION OF TRUSTEES.
Shares Voted
Affirmatively Shares Withheld
Thomas G. Bigley 24,125,289 104,877
Nicholas P. Constantakis 24,147,044 83,122
John F. Cunningham 24,157,713 72,453
J. Christopher Donahue 24,152,876 77,290
Charles F. Mansfield, Jr. 24,164,822 65,344
John E. Murray, Jr. 24,164,822 65,344
John S. Walsh 24,164,822 65,344
2. TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE FUND'S INDEPENDENT
AUDITORS.
SHARES VOTED SHARES VOTED SHARES
AFFIRMATIVELY NEGATIVELY ABSTAINING
24,124,115 16,698 89,352
II. The June 21, 1999 meeting was adjourned to August 5, 1999, at which
time shareholders approved the following items, which are required to be
reported under this Item 77C:
3. TO MAKE CHANGES TO THE FUND'S FUNDAMENTAL INVESTMENT POLICIES:
a. To approve amending the Fund's fundamental investment policy regarding
borrowing money and issuing senior securities.
SHARES VOTED SHARES VOTED SHARES
AFFIRMATIVELY NEGATIVELY ABSTAINING
26,685,033 5,163,450 229,215
b. To approve amending the Fund's fundamental investment policy regarding
lending by the Fund.
SHARES VOTED SHARES VOTED SHARES
AFFIRMATIVELY NEGATIVELY ABSTAINING
30,561,102 1,267,191 249,404
c. To approve amending and making non-fundamental, the Fund's fundamental
investment policy regarding buying securities on margin.
SHARES VOTED SHARES VOTED SHARES
AFFIRMATIVELY NEGATIVELY ABSTAINING
26,536,688 5,282,640 258,370
d. To approve amending and making non-fundamental, the Fund's fundamental
investment policy regarding pledging assets.
SHARES VOTED SHARES VOTED SHARES
AFFIRMATIVELY NEGATIVELY ABSTAINING
30,263,008 1,535,400 279,289
e. To approve amending and making non-fundamental, the Fund's fundamental
investment policy regarding investing in U.S. government securities.
SHARES VOTED SHARES VOTED SHARES
AFFIRMATIVELY NEGATIVELY ABSTAINING
26,724,891 4,923,036 429,770
f. To approve amending and making non-fundamental, the Fund's fundamental
investment policy regarding investing in repurchase agreements.
SHARES VOTED SHARES VOTED SHARES
AFFIRMATIVELY NEGATIVELY ABSTAINING
26,652,103 5,170,341 255,253
4. TO APPROVE ELIMINATING CERTAIN OF THE FUND'S FUNDAMENTAL INVESTMENT
LIMITATIONS.
a. To approve eliminating the Fund's fundamental investment policy
regarding selling securities short.
SHARES VOTED SHARES VOTED SHARES
AFFIRMATIVELY NEGATIVELY ABSTAINING
26,409,259 5,402,972 265,467
b. To approve eliminating the Fund's fundamental investment policy
regarding portfolio trading.
SHARES VOTED SHARES VOTED SHARES
AFFIRMATIVELY NEGATIVELY ABSTAINING
26,652,092 5,002,036 423,569
5. To approve an amendment and restatement to the Fund's Declaration of
Trust to permit the Board of Trustees to liquidate assets of the Fund without
seeking shareholder approval.
SHARES VOTED SHARES VOTED SHARES
AFFIRMATIVELY NEGATIVELY ABSTAINING
29,475,349 2,194,132 408,216
The Definitive Proxy Statement for the Special Meeting held on June 21, 1999
and reconvened on August 5, 1999 was filed with the Securities and Exchange
Commission on May 6, 1999, and is incorporated by reference. (File No. 811-
3947)
Current as of: 8/18/94
