FEDERATED INCOME SECURITIES TRUST
NSAR-A, 1994-12-30
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<PAGE>      PAGE  1
000 A000000 10/31/94
000 C000000 0000789281
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 FEDERATED INCOME SECURITIES TRUST
001 B000000 811-4577
001 C000000 4122881432
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 Y
007 B000000  2
007 C010100  1
007 C020100 FEDERATED SHORT-TERM INCOME FUND
007 C030100 N
007 C010200  2
007 C020200 INTERMEDIATE INCOME FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 FEDERATED MANAGEMENT
008 B00AA01 A
008 C00AA01 801-34610
008 D01AA01 PITTSBURGH
008 D02AA01 PA
008 D03AA01 15222
008 D04AA01 3779
010 A00AA01 FEDERATED ADMINISTRATIVE SERVICES
010 C01AA01 PITTSBURGH
010 C02AA01 PA
010 C03AA01 15222
010 C04AA01 3779
011 A00AA01 FEDERATED SECURITIES CORP.
011 B00AA01 8-15561
<PAGE>      PAGE  2
011 C01AA01 PITTSBURGH
011 C02AA01 PA
011 C03AA01 15222
011 C04AA01 3779
012 A00AA01 FEDERATED SERVICES COMPANY
012 B00AA01   84-1869
012 C01AA01 PITTSBURGH
012 C02AA01 PA
012 C03AA01 15222
012 C04AA01 3779
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 PITTSBURGH
013 B02AA01 PA
013 B03AA01 15219
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02266
015 C04AA01 8602
015 E01AA01 X
018  00AA00 Y
019 A00AA00 N
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022 B000001 13-5123346
022 C000001    522265
022 D000001         0
022 A000002 UBS SECURITIES, INC.
022 B000002 13-2932996
022 C000002     47445
022 D000002         0
022 A000003 MABON SECURITIES CORP.
022 B000003 13-5220060
022 C000003      5755
022 D000003     36599
022 A000004 GOLDMAN SACHS & CO.
022 B000004 13-5108880
022 C000004      5529
022 D000004     20946
022 A000005 B.T. SECURITIES CORP.
022 B000005 13-4941247
022 C000005     25666
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022 B000006 13-5674085
022 C000006     12584
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022 A000007 BANKERS TRUST COMPANY
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022 C000007     18652
<PAGE>      PAGE  3
022 D000007         0
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022 B000008 22-2347336
022 C000008         0
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022 A000009 BEAR, STEARNS & CO.
022 B000009 13-4946705
022 C000009         0
022 D000009      7349
022 A000010 C J LAWRENCE
022 B000010 13-2730828
022 C000010      3364
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049  00AA00 N
050  00AA00 N
051  00AA00 N
052  00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
<PAGE>      PAGE  4
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
058 A00AA00 N
059  00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
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066 A00AA00 N
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068 A00AA00 N
068 B00AA00 N
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039  000100 N
040  000100 Y
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<PAGE>      PAGE  5
042 B000100   0
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042 D000100   0
042 E000100   0
042 F000100   0
042 G000100   0
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048 I020100 0.000
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048 J020100 0.000
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062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100   0.0
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062 K000100   0.0
062 L000100   0.0
<PAGE>      PAGE  6
062 M000100   0.0
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062 O000100   0.0
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070 D020100 N
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070 E020100 N
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070 F020100 N
070 G010100 N
070 G020100 N
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070 H020100 N
070 I010100 N
070 I020100 N
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070 J020100 Y
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070 L020100 Y
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<PAGE>      PAGE  7
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072DD020100      865
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073 A020100   0.2500
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073 C000100   0.0000
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074 P000100        0
<PAGE>      PAGE  8
074 Q000100        0
074 R010100        0
074 R020100        0
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074 V020100     8.63
074 W000100   0.0000
074 X000100     2273
074 Y000100        0
075 A000100        0
075 B000100   346819
076  000100     0.00
024  000200 N
028 A010200      6429
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028 A030200         0
028 A040200       334
028 B010200      1130
028 B020200        11
028 B030200         0
028 B040200       324
028 C010200       552
028 C020200        12
028 C030200         0
028 C040200       549
028 D010200      1055
028 D020200        14
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028 E010200      1118
028 E020200        15
028 E030200         0
028 E040200       570
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028 F020200        16
028 F030200         0
028 F040200       294
028 G010200     11575
028 G020200        75
028 G030200         0
028 G040200      2403
028 H000200         0
037  000200 N
038  000200      0
039  000200 N
040  000200 Y
<PAGE>      PAGE  9
041  000200 N
045  000200 Y
046  000200 N
047  000200 Y
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048 B020200 0.000
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048 D010200        0
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048 G010200        0
048 G020200 0.000
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
048 J010200        0
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048 K010200        0
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055 A000200 Y
055 B000200 N
056  000200 N
057  000200 N
062 A000200 Y
062 B000200   0.0
062 C000200   0.0
062 D000200   9.8
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
062 K000200   0.0
062 L000200   0.0
062 M000200   0.0
062 N000200   3.6
062 O000200   0.0
062 P000200  75.9
062 Q000200  12.9
062 R000200   0.0
063 A000200   0
063 B000200  9.3
<PAGE>      PAGE  10
064 A000200 N
064 B000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200     23888
071 B000200     11215
071 C000200     21856
071 D000200   51
072 A000200  6
072 B000200      888
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<PAGE>      PAGE  11
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072 W000200        5
072 X000200      210
072 Y000200      163
072 Z000200      841
072AA000200       29
072BB000200      402
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072CC020200      452
072DD010200      833
072DD020200        7
072EE000200        0
073 A010200   0.3300
073 A020200   0.3100
073 B000200   0.0000
073 C000200   0.0000
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074 E000200        0
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074 M000200        9
074 N000200    27497
074 O000200      957
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074 R040200      191
074 S000200        0
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<PAGE>      PAGE  12
074 U010200     2834
074 U020200       27
074 V010200     9.21
074 V020200     9.21
074 W000200   0.0000
074 X000200      136
074 Y000200        0
075 A000200        0
075 B000200    24039
076  000200     0.00
SIGNATURE   S. ELLIOT COHAN                              
TITLE       ASST. GEN. COUNSEL  
 


<TABLE> <S> <C>

       
<S>                                            <C>

<ARTICLE>                                             6
<SERIES>
   <NUMBER>                                           1
   <NAME>        FED SHORT-TERM INCOME FUND-INST SHARES
<PERIOD-TYPE>                                     6-MOS
<FISCAL-YEAR-END>                           APR-30-1995
<PERIOD-END>                                OCT-31-1994
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</TABLE>

<TABLE> <S> <C>

       
<S>                                            <C>

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<SERIES>
   <NUMBER>                                           2
   <NAME>   FED SHORT-TERM INCOME FUND-INST SERV SHARES
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<PER-SHARE-NAV-BEGIN>                              8.85
<PER-SHARE-NII>                                    .250
<PER-SHARE-GAIN-APPREC>                          (.220)
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<PER-SHARE-DISTRIBUTIONS>                             0
<RETURNS-OF-CAPITAL>                                  0
<PER-SHARE-NAV-END>                                8.63
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<AVG-DEBT-PER-SHARE>                                  0
        



</TABLE>

<TABLE> <S> <C>

       
<S>                                            <C>

<ARTICLE>                                             6
<SERIES>
   <NUMBER>                                           3
   <NAME>      INTERMEDIATE INCOME FUND - INSTIT SHARES
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<FISCAL-YEAR-END>                           APR-30-1995
<PERIOD-END>                                OCT-31-1994
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<INVESTMENTS-AT-VALUE>                       26,917,265
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<SENIOR-LONG-TERM-DEBT>                               0
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<SENIOR-EQUITY>                                       0
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<ACCUMULATED-NII-CURRENT>                             0
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<EQUALIZATION>                                        0
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<DISTRIBUTIONS-OF-GAINS>                              0
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<PER-SHARE-NAV-BEGIN>                             9.530
<PER-SHARE-NII>                                   0.330
<PER-SHARE-GAIN-APPREC>                         (0.320)
<PER-SHARE-DIVIDEND>                              0.330
<PER-SHARE-DISTRIBUTIONS>                             0
<RETURNS-OF-CAPITAL>                                  0
<PER-SHARE-NAV-END>                               9.210
<EXPENSE-RATIO>                                      39
<AVG-DEBT-OUTSTANDING>                                0
<AVG-DEBT-PER-SHARE>                               .000
        



</TABLE>

<TABLE> <S> <C>

       
<S>                                            <C>

<ARTICLE>                                             6
<SERIES>
   <NUMBER>                                           4
   <NAME>   INTERMEDIATE INCOME FUND-INSTIT SERV SHARES
<PERIOD-TYPE>                                     6-MOS
<FISCAL-YEAR-END>                           APR-30-1995
<PERIOD-END>                                OCT-31-1994
<INVESTMENTS-AT-COST>                        28,055,972
<INVESTMENTS-AT-VALUE>                       26,917,265
<RECEIVABLES>                                   571,335
<ASSETS-OTHER>                                    8,606
<OTHER-ITEMS-ASSETS>                                  0
<TOTAL-ASSETS>                               27,497,206
<PAYABLE-FOR-SECURITIES>                        957,012
<SENIOR-LONG-TERM-DEBT>                               0
<OTHER-ITEMS-LIABILITIES>                       190,924
<TOTAL-LIABILITIES>                           1,147,936
<SENIOR-EQUITY>                                       0
<PAID-IN-CAPITAL-COMMON>                     27,868,795
<SHARES-COMMON-STOCK>                            26,661
<SHARES-COMMON-PRIOR>                            23,618
<ACCUMULATED-NII-CURRENT>                             0
<OVERDISTRIBUTION-NII>                                0
<ACCUMULATED-NET-GAINS>                       (380,818)
<OVERDISTRIBUTION-GAINS>                              0
<ACCUM-APPREC-OR-DEPREC>                    (1,138,707)
<NET-ASSETS>                                    245,596
<DIVIDEND-INCOME>                                     0
<INTEREST-INCOME>                               887,605
<OTHER-INCOME>                                        0
<EXPENSES-NET>                                   47,052
<NET-INVESTMENT-INCOME>                         840,553
<REALIZED-GAINS-CURRENT>                      (372,964)
<APPREC-INCREASE-CURRENT>                     (451,917)
<NET-CHANGE-FROM-OPS>                            15,672
<EQUALIZATION>                                        0
<DISTRIBUTIONS-OF-INCOME>                         7,054
<DISTRIBUTIONS-OF-GAINS>                              0
<DISTRIBUTIONS-OTHER>                                 0
<NUMBER-OF-SHARES-SOLD>                          10,667
<NUMBER-OF-SHARES-REDEEMED>                       7,660
<SHARES-REINVESTED>                                  37
<NET-CHANGE-IN-ASSETS>                        8,422,020
<ACCUMULATED-NII-PRIOR>                               0
<ACCUMULATED-GAINS-PRIOR>                       (7,854)
<OVERDISTRIB-NII-PRIOR>                               0
<OVERDIST-NET-GAINS-PRIOR>                            0
<GROSS-ADVISORY-FEES>                            60,769
<INTEREST-EXPENSE>                                    0
<GROSS-EXPENSE>                                 209,634
<AVERAGE-NET-ASSETS>                         24,038,964
<PER-SHARE-NAV-BEGIN>                             9.530
<PER-SHARE-NII>                                   0.310
<PER-SHARE-GAIN-APPREC>                         (0.320)
<PER-SHARE-DIVIDEND>                              0.310
<PER-SHARE-DISTRIBUTIONS>                             0
<RETURNS-OF-CAPITAL>                                  0
<PER-SHARE-NAV-END>                               9.210
<EXPENSE-RATIO>                                      62
<AVG-DEBT-OUTSTANDING>                                0
<AVG-DEBT-PER-SHARE>                               .000
        



</TABLE>


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