<PAGE> PAGE 1
000 A000000 06/30/2000
000 C000000 766351
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001 A000000 ADVANTUS SERIES FUND, INC.
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002 B000000 ST PAUL
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007 C020700 CAPITAL APPRECIATION PORTFOLIO
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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SIGNATURE ROBERT E. HUNSTAD
TITLE PRESIDENT
