PRINCOR GOVERNMENT SECURITIES INCOME FUND INC
NSAR-A, 1997-06-18
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<PAGE>      PAGE  1
000 A000000 04/30/97
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001 A000000 PRINCOR GOVERNMENT SECURITIES INCOME FUND,INC
001 B000000 811-04226
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002 A000000 THE PRINCIPAL FINANCIAL GROUP
002 B000000 DES MOINES
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022 A000001 FIRST CHICAGO CAPITAL MARKETS
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022 A000002 SMITH BARNEY SHEARSON
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022 A000003 LEHMAN BROTHERS
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022 A000004 GOLDMAN SACHS CO.
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022 A000005 MERRILL LYNCH
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SIGNATURE   ARTHUR S. FILEAN                             
TITLE       V.P. & SECRETARY    
 

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

<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               APR-30-1997
<INVESTMENTS-AT-COST>                      269,427,751
<INVESTMENTS-AT-VALUE>                     265,217,384
<RECEIVABLES>                                1,727,087
<ASSETS-OTHER>                                  20,317
<OTHER-ITEMS-ASSETS>                             2,517
<TOTAL-ASSETS>                             266,967,305
<PAYABLE-FOR-SECURITIES>                     1,967,109
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      484,147
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<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (4,210,367)
<NET-ASSETS>                               264,516,049
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            9,481,875
<OTHER-INCOME>                                       0
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<REALIZED-GAINS-CURRENT>                     (707,102)
<APPREC-INCREASE-CURRENT>                  (3,417,599)
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (9,280,429)
<DISTRIBUTIONS-OF-GAINS>                             0
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<ACCUMULATED-GAINS-PRIOR>                  (1,474,791)
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<PER-SHARE-NAV-END>                              11.03
<EXPENSE-RATIO>                                    .86
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               APR-30-1997
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<INVESTMENTS-AT-VALUE>                     265,217,384
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<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      484,147
<TOTAL-LIABILITIES>                          2,451,256
<SENIOR-EQUITY>                                      0
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<ACCUMULATED-NII-CURRENT>                       75,314
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<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                               264,516,049
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            9,481,875
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,203,260)
<NET-INVESTMENT-INCOME>                      8,278,615
<REALIZED-GAINS-CURRENT>                     (707,102)
<APPREC-INCREASE-CURRENT>                  (3,417,599)
<NET-CHANGE-FROM-OPS>                        4,153,914
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (415,263)
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<PER-SHARE-NAV-BEGIN>                            11.23
<PER-SHARE-NII>                                    .31
<PER-SHARE-GAIN-APPREC>                          (.17)
<PER-SHARE-DIVIDEND>                             (.36)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.01
<EXPENSE-RATIO>                                   1.56
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               APR-30-1997
<INVESTMENTS-AT-COST>                      269,427,751
<INVESTMENTS-AT-VALUE>                     265,217,384
<RECEIVABLES>                                1,727,087
<ASSETS-OTHER>                                  20,317
<OTHER-ITEMS-ASSETS>                             2,517
<TOTAL-ASSETS>                             266,967,305
<PAYABLE-FOR-SECURITIES>                     1,967,109
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      484,147
<TOTAL-LIABILITIES>                          2,451,256
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   270,832,995
<SHARES-COMMON-STOCK>                          229,246
<SHARES-COMMON-PRIOR>                           42,922
<ACCUMULATED-NII-CURRENT>                       75,314
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (2,181,893)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (4,210,367)
<NET-ASSETS>                               264,516,049
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            9,481,875
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,203,260)
<NET-INVESTMENT-INCOME>                      8,278,615
<REALIZED-GAINS-CURRENT>                     (707,102)
<APPREC-INCREASE-CURRENT>                  (3,417,599)
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<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                     (43,088)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        193,746
<NUMBER-OF-SHARES-REDEEMED>                   (11,321)
<SHARES-REINVESTED>                              3,899
<NET-CHANGE-IN-ASSETS>                     (6,579,747)
<ACCUMULATED-NII-PRIOR>                      1,535,479
<ACCUMULATED-GAINS-PRIOR>                  (1,474,791)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          607,799
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,203,260
<AVERAGE-NET-ASSETS>                       269,166,562
<PER-SHARE-NAV-BEGIN>                            11.21
<PER-SHARE-NII>                                    .33
<PER-SHARE-GAIN-APPREC>                          (.20)
<PER-SHARE-DIVIDEND>                             (.37)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.97
<EXPENSE-RATIO>                                   1.74
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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