ADVANTUS MORTGAGE SECURITIES FUND INC
NSAR-A, 1999-05-28
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<PAGE>      PAGE  1
000 A000000 03/31/99
000 C000000 756922
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 2.2
000 J000000 U
001 A000000 ADVANTUS MORTGAGE SECURITIES FUND, INC
001 B000000 811-4140
001 C000000 6516656169
002 A000000 400 NORTH ROBERT STREET
002 B000000 ST PAUL
002 C000000 MN
002 D010000 55101
002 D020000 2098
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  3
007 C010100  1
007 C020100 CLASS A
007 C030100 N
007 C010200  2
007 C020200 CLASS B
007 C030200 N
007 C010300  3
007 C020300 CLASS C
007 C030300 N
024  00AA00 N
062 A00AA00 Y
062 B00AA00   0.0
062 C00AA00   0.0
062 D00AA00   0.0
062 E00AA00   0.0
062 F00AA00   0.0
062 G00AA00   0.0
062 H00AA00   0.0
062 I00AA00   0.0
062 J00AA00   0.0
062 K00AA00   0.0
062 L00AA00   4.1
062 M00AA00   0.0
062 N00AA00  37.5
062 O00AA00   0.0
062 P00AA00   0.0
062 Q00AA00  61.6
062 R00AA00   1.2
<PAGE>      PAGE  2
071 A00AA00     72724
071 B00AA00     61066
071 C00AA00     40047
071 D00AA00  153
072 A00AA00 12
074 N00AA00    55180
074 T00AA00    46690
075 A00AA00        0
075 B00AA00    41616
077 A000000 Y
SIGNATURE   ROBERT E. HUNSTAD
TITLE       PRESIDENT


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM N-SAR
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000756922
<NAME> MULTI CLASS ADVANTUS MORTGAGE SECURITIES
<SERIES>
   <NUMBER> 100
   <NAME> CLASS A
<MULTIPLIER> 1000
<CURRENCY> US

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             OCT-01-1998
<PERIOD-END>                               MAR-31-1999
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                           50,081
<INVESTMENTS-AT-VALUE>                          50,569
<RECEIVABLES>                                    3,973
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  54,542
<PAYABLE-FOR-SECURITIES>                         2,891
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          202
<TOTAL-LIABILITIES>                              3,093
<SENIOR-EQUITY>                                     49
<PAID-IN-CAPITAL-COMMON>                        51,320
<SHARES-COMMON-STOCK>                            3,221
<SHARES-COMMON-PRIOR>                            3,002
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               7
<ACCUMULATED-NET-GAINS>                          (400)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           488
<NET-ASSETS>                                    34,099
<DIVIDEND-INCOME>                                   43
<INTEREST-INCOME>                                1,805
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     293
<NET-INVESTMENT-INCOME>                          1,555
<REALIZED-GAINS-CURRENT>                            69
<APPREC-INCREASE-CURRENT>                        (799)
<NET-CHANGE-FROM-OPS>                              825
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        1,096
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            393
<NUMBER-OF-SHARES-REDEEMED>                        242
<SHARES-REINVESTED>                                 68
<NET-CHANGE-IN-ASSETS>                           4,759
<ACCUMULATED-NII-PRIOR>                             23
<ACCUMULATED-GAINS-PRIOR>                        (468)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              141
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    362
<AVERAGE-NET-ASSETS>                            33,287
<PER-SHARE-NAV-BEGIN>                            10.75
<PER-SHARE-NII>                                   0.35
<PER-SHARE-GAIN-APPREC>                         (0.16)
<PER-SHARE-DIVIDEND>                              0.35
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.59
<EXPENSE-RATIO>                                   0.95
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM N-SAR
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000756922
<NAME> MULTI CLASS ADVANTUS MORTGAGE SUCURITIES
<SERIES>
   <NUMBER> 101
   <NAME> CLASS B
<MULTIPLIER> 1000
<CURRENCY> US

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             OCT-01-1998
<PERIOD-END>                               MAR-31-1999
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                           50,081
<INVESTMENTS-AT-VALUE>                          50,569
<RECEIVABLES>                                    3,973
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  54,542
<PAYABLE-FOR-SECURITIES>                         2,891
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          202
<TOTAL-LIABILITIES>                              3,093
<SENIOR-EQUITY>                                     49
<PAID-IN-CAPITAL-COMMON>                        51,320
<SHARES-COMMON-STOCK>                            1,192
<SHARES-COMMON-PRIOR>                              936
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               7
<ACCUMULATED-NET-GAINS>                          (400)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           488
<NET-ASSETS>                                    12,645
<DIVIDEND-INCOME>                                   43
<INTEREST-INCOME>                                1,805
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     293
<NET-INVESTMENT-INCOME>                          1,555
<REALIZED-GAINS-CURRENT>                            69
<APPREC-INCREASE-CURRENT>                        (799)
<NET-CHANGE-FROM-OPS>                              825
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          336
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            330
<NUMBER-OF-SHARES-REDEEMED>                        100
<SHARES-REINVESTED>                                 26
<NET-CHANGE-IN-ASSETS>                           4,759
<ACCUMULATED-NII-PRIOR>                             23
<ACCUMULATED-GAINS-PRIOR>                        (468)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              141
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    362
<AVERAGE-NET-ASSETS>                            11,447
<PER-SHARE-NAV-BEGIN>                            10.77
<PER-SHARE-NII>                                   0.31
<PER-SHARE-GAIN-APPREC>                         (0.16)
<PER-SHARE-DIVIDEND>                              0.31
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.61
<EXPENSE-RATIO>                                   1.70
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM FORM N-SAR
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TOSUCH FORM N-SAR.
</LEGEND>
<RESTATED>
<CIK> 0000756922
<NAME> MULTI CLASS ADVANTUS MORTGAGE SECURITIES
<SERIES>
   <NUMBER> 102
   <NAME> CLASS C
<MULTIPLIER> 1000
<CURRENCY> US

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-START>                             OCT-01-1998
<PERIOD-END>                               MAR-31-1999
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                           50,081
<INVESTMENTS-AT-VALUE>                          50,569
<RECEIVABLES>                                    3,973
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  54,542
<PAYABLE-FOR-SECURITIES>                         2,891
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          202
<TOTAL-LIABILITIES>                              3,093
<SENIOR-EQUITY>                                     49
<PAID-IN-CAPITAL-COMMON>                        51,320
<SHARES-COMMON-STOCK>                              444
<SHARES-COMMON-PRIOR>                              404
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               7
<ACCUMULATED-NET-GAINS>                          (400)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           488
<NET-ASSETS>                                     4,705
<DIVIDEND-INCOME>                                   43
<INTEREST-INCOME>                                1,805
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     293
<NET-INVESTMENT-INCOME>                          1,555
<REALIZED-GAINS-CURRENT>                            69
<APPREC-INCREASE-CURRENT>                        (799)
<NET-CHANGE-FROM-OPS>                              825
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          131
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            220
<NUMBER-OF-SHARES-REDEEMED>                        191
<SHARES-REINVESTED>                                 11
<NET-CHANGE-IN-ASSETS>                           4,759
<ACCUMULATED-NII-PRIOR>                             23
<ACCUMULATED-GAINS-PRIOR>                        (468)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              141
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    362
<AVERAGE-NET-ASSETS>                             4,489
<PER-SHARE-NAV-BEGIN>                            10.76
<PER-SHARE-NII>                                   0.31
<PER-SHARE-GAIN-APPREC>                         (0.17)
<PER-SHARE-DIVIDEND>                              0.31
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.59
<EXPENSE-RATIO>                                   1.70
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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