FIDELITY INCOME FUND /MA/
NSAR-A, 1998-05-29
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<PAGE>      PAGE  1
000 A000000 03/31/98
000 C000000 0000751199
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FIDELITY INCOME FUND
001 B000000 811-4085
001 C000000 6037917486
002 A000000 82 DEVONSHIRE STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C020400 FIDELITY GOVERNMENT SECURITIES FUND
007 C030400 N
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
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 MERRILL LYNCH, INC.
022 B000001 13-5674085
022 C000001    341032
022 D000001    345025
022 A000002 GOLDMAN SACHS & CO.
022 B000002 13-5108880
<PAGE>      PAGE  2
022 C000002    304851
022 D000002    205799
022 A000003 MORGAN (J.P.) SECURITIES, INC.
022 B000003 13-3224016
022 C000003    177457
022 D000003    274225
022 A000004 LEHMAN BROTHERS, INC.
022 B000004 13-2518466
022 C000004    242831
022 D000004    156903
022 A000005 FIRST BOSTON CORP.
022 B000005 00-0000000
022 C000005    172401
022 D000005    204263
022 A000006 DEUTSCH BANK
022 B000006 00-0000000
022 C000006    139460
022 D000006    234796
022 A000007 BEAR STEARNS & CO., INC.
022 B000007 00-0000000
022 C000007     93476
022 D000007    256376
022 A000008 PAINE WEBBER INC.
022 B000008 00-0000000
022 C000008    143633
022 D000008     44349
022 A000009 SALOMON BROTHERS, INC.
022 B000009 13-3082694
022 C000009     66480
022 D000009     84810
022 A000010 UBS SECURITIES LLC
022 B000010 13-3873456
022 C000010     60294
022 D000010     19513
023 C000000    6431352
023 D000000    1905505
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 Y
027  000000 Y
077 A000000 N
078  000000 N
086 A010000      0
086 A020000      0
086 B010000      0
<PAGE>      PAGE  3
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
008 A000401 FIDELITY MANAGEMENT & RESEARCH COMPANY
008 B000401 A
008 C000401 801-7884
008 D010401 BOSTON
008 D020401 MA
008 D030401 02109
011 A000401 FIDELITY DISTRIBUTORS CORPORATION
011 B000401 8-8775
011 C010401 BOSTON
011 C020401 MA
011 C030401 02109
012 A000401 FIDELITY SERVICE COMPANY, INC.
012 B000401 84-00216
012 C010401 BOSTON
012 C020401 MA
012 C030401 02109
013 A000401 COOPERS & LYBRAND L.L.P.
013 B010401 BOSTON
013 B020401 MA
013 B030401 02109
014 A000401 FIDELITY DISTRIBUTORS CORP.
014 B000401 8-8775
014 A000402 FIDELITY BROKERAGE SERVICES, INC.
014 B000402 8-23292
014 A000403 FIDELITY BROKERAGE SERVICES
014 B000403 8-00000
014 A000404 NATIONAL FINANCIAL SERVICE COMPANY
014 B000404 8-26740
015 A000401 THE BANK OF NEW YORK
015 B000401 C
015 C010401 NEW YORK
015 C020401 NY
015 C030401 10286
015 E010401 X
018  000400 Y
019 A000400 Y
019 B000400  230
019 C000400 FIDELITYZZ
024  000400 N
025 D000401       0
025 D000402       0
025 D000403       0
<PAGE>      PAGE  4
025 D000404       0
025 D000405       0
025 D000406       0
025 D000407       0
025 D000408       0
028 A010400     81355
028 A020400      4572
028 A030400         0
028 A040400     35216
028 B010400     81884
028 B020400      4745
028 B030400         0
028 B040400     52148
028 C010400     79169
028 C020400      4829
028 C030400         0
028 C040400     72631
028 D010400    208714
028 D020400      4856
028 D030400         0
028 D040400    118131
028 E010400     88173
028 E020400      4680
028 E030400         0
028 E040400     98178
028 F010400     67544
028 F020400      5287
028 F030400         0
028 F040400     79722
028 G010400    606839
028 G020400     28969
028 G030400         0
028 G040400    456026
028 H000400         0
029  000400 N
030 A000400      0
030 B000400  0.00
030 C000400  0.00
031 A000400      0
031 B000400      0
032  000400      0
033  000400      0
034  000400 N
035  000400      0
036 B000400      0
037  000400 N
038  000400      0
039  000400 N
040  000400 Y
041  000400 N
042 A000400   0
<PAGE>      PAGE  5
042 B000400   0
042 C000400   0
042 D000400   0
042 E000400   0
042 F000400   0
042 G000400   0
042 H000400   0
043  000400      0
044  000400      0
045  000400 Y
046  000400 N
047  000400 N
048  000400  0.000
048 A010400        0
048 A020400 0.000
048 B010400        0
048 B020400 0.000
048 C010400        0
048 C020400 0.000
048 D010400        0
048 D020400 0.000
048 E010400        0
048 E020400 0.000
048 F010400        0
048 F020400 0.000
048 G010400        0
048 G020400 0.000
048 H010400        0
048 H020400 0.000
048 I010400        0
048 I020400 0.000
048 J010400        0
048 J020400 0.000
048 K010400        0
048 K020400 0.000
049  000400 N
050  000400 N
051  000400 N
052  000400 Y
053 A000400 Y
053 B000400 Y
054 A000400 Y
054 B000400 Y
054 C000400 N
054 D000400 N
054 E000400 N
054 F000400 N
054 G000400 Y
054 H000400 Y
054 I000400 N
054 J000400 Y
<PAGE>      PAGE  6
054 K000400 N
054 L000400 N
054 M000400 Y
054 N000400 N
054 O000400 Y
055 A000400 N
055 B000400 N
056  000400 Y
057  000400 N
058 A000400 N
059  000400 Y
060 A000400 N
060 B000400 N
061  000400     2500
062 A000400 Y
062 B000400   0.0
062 C000400   0.0
062 D000400   8.4
062 E000400   0.0
062 F000400   0.0
062 G000400   0.0
062 H000400   0.0
062 I000400   0.0
062 J000400   0.0
062 K000400   0.0
062 L000400   0.0
062 M000400  33.0
062 N000400  58.6
062 O000400   0.0
062 P000400   0.0
062 Q000400   0.0
062 R000400   0.0
063 A000400   0
063 B000400  8.7
064 A000400 N
064 B000400 N
066 A000400 N
067  000400 N
068 A000400 N
068 B000400 N
069  000400 N
070 A010400 Y
070 A020400 Y
070 B010400 N
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 Y
070 E020400 N
<PAGE>      PAGE  7
070 F010400 N
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 N
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400   1986208
071 B000400   1908743
071 C000400   1116075
071 D000400  171
072 A000400  6
072 B000400    36509
072 C000400        0
072 D000400        0
072 E000400        0
072 F000400     2504
072 G000400        0
072 H000400        0
072 I000400     1028
072 J000400        6
072 K000400        0
072 L000400        0
072 M000400        2
072 N000400       84
072 O000400        0
072 P000400        2
072 Q000400      168
072 R000400       24
072 S000400       17
072 T000400        0
072 U000400        0
<PAGE>      PAGE  8
072 V000400       73
072 W000400        5
072 X000400     3913
072 Y000400       43
072 Z000400    32639
072AA000400    20803
072BB000400        0
072CC010400        0
072CC020400     4186
072DD010400    32555
072DD020400        0
072EE000400        0
073 A010400   0.2810
073 A020400   0.0000
073 B000400   0.0000
073 C000400   0.0000
074 A000400      106
074 B000400   102359
074 C000400        0
074 D000400  1119250
074 E000400        0
074 F000400        0
074 G000400        0
074 H000400        0
074 I000400        0
074 J000400    27029
074 K000400        0
074 L000400    16858
074 M000400        0
074 N000400  1265602
074 O000400    37921
074 P000400      445
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400     8040
074 S000400        0
074 T000400  1219196
074 U010400   122934
074 U020400        0
074 V010400     9.92
074 V020400     0.00
074 W000400   0.0000
074 X000400   124960
074 Y000400        0
075 A000400        0
075 B000400  1146570
076  000400     0.00
080 A000400 AMERICAN INT'L SPCLTY LINES INS. CO. (AISLIC)
080 B000400 FEDERAL INSURANCE COMPANY
<PAGE>      PAGE  9
080 C000400   220000
081 A000400 Y
081 B000400 229
082 A000400 N
082 B000400        0
083 A000400 N
083 B000400        0
084 A000400 N
084 B000400        0
085 A000400 Y
085 B000400 N
SIGNATURE   JOHN H. COSTELLO                             
TITLE       ASSISTANT TREASURER 
 


<TABLE> <S> <C>

<ARTICLE> 6
 

<CIK>     0000751199


<NAME>      Fidelity Income Fund


<SERIES>

        <NUMBER>        41


        <NAME>      Fidelity Government Securities Fund


<MULTIPLIER>    1,000


       

<S>

<C>

<PERIOD-TYPE>

6-MOS


<FISCAL-YEAR-END>

SEP-30-1998


<PERIOD-END>

MAR-31-1998


<INVESTMENTS-AT-COST>

1,206,485


<INVESTMENTS-AT-VALUE>

1,221,609


<RECEIVABLES>

43,887


<ASSETS-OTHER>

106


<OTHER-ITEMS-ASSETS>

0


<TOTAL-ASSETS>

1,265,602


<PAYABLE-FOR-SECURITIES>

37,921


<SENIOR-LONG-TERM-DEBT>

0


<OTHER-ITEMS-LIABILITIES>

8,485


<TOTAL-LIABILITIES>

46,406


<SENIOR-EQUITY>

0


<PAID-IN-CAPITAL-COMMON>

1,215,292


<SHARES-COMMON-STOCK>

122,934


<SHARES-COMMON-PRIOR>

104,824


<ACCUMULATED-NII-CURRENT>

665


<OVERDISTRIBUTION-NII>

0


<ACCUMULATED-NET-GAINS>

(11,885)


<OVERDISTRIBUTION-GAINS>

0


<ACCUM-APPREC-OR-DEPREC>

15,124


<NET-ASSETS>

1,219,196


<DIVIDEND-INCOME>

0


<INTEREST-INCOME>

36,509


<OTHER-INCOME>

0


<EXPENSES-NET>

3,870


<NET-INVESTMENT-INCOME>

32,639


<REALIZED-GAINS-CURRENT>

20,803


<APPREC-INCREASE-CURRENT>

(4,186)


<NET-CHANGE-FROM-OPS>

49,256


<EQUALIZATION>

0


<DISTRIBUTIONS-OF-INCOME>

32,555


<DISTRIBUTIONS-OF-GAINS>

0


<DISTRIBUTIONS-OTHER>

0


<NUMBER-OF-SHARES-SOLD>

61,126


<NUMBER-OF-SHARES-REDEEMED>

45,937


<SHARES-REINVESTED>

2,921


<NET-CHANGE-IN-ASSETS>

196,483


<ACCUMULATED-NII-PRIOR>

581


<ACCUMULATED-GAINS-PRIOR>

(32,688)


<OVERDISTRIB-NII-PRIOR>

0


<OVERDIST-NET-GAINS-PRIOR>

0


<GROSS-ADVISORY-FEES>

2,504


<INTEREST-EXPENSE>

2


<GROSS-EXPENSE>

3,913


<AVERAGE-NET-ASSETS>

1,146,570


<PER-SHARE-NAV-BEGIN>

9.760


<PER-SHARE-NII>

 .282


<PER-SHARE-GAIN-APPREC>

 .159


<PER-SHARE-DIVIDEND>

 .281


<PER-SHARE-DISTRIBUTIONS>

0


<RETURNS-OF-CAPITAL>

0


<PER-SHARE-NAV-END>

9.920


<EXPENSE-RATIO>

68


<AVG-DEBT-OUTSTANDING>

0


<AVG-DEBT-PER-SHARE>

0



        



</TABLE>


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