FEDERATED INCOME SECURITIES TRUST
NSAR-B, EX-27, 2000-06-28
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000745968
<NAME>                            FEDERATED INCOME SECURITY TRUST
<SERIES>
     <NUMBER>                     012
     <NAME>                       FEDERATED SHORT TERM INCOME FUND- CLASS ISS

<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 APR-30-2000
<PERIOD-END>                      APR-30-2000
<INVESTMENTS-AT-COST>             207,093,545
<INVESTMENTS-AT-VALUE>            202,653,950
<RECEIVABLES>                     1,642,386
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              566
<TOTAL-ASSETS>                    204,296,902
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         903,635
<TOTAL-LIABILITIES>               903,635
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          228,048,343
<SHARES-COMMON-STOCK>             1,643,721
<SHARES-COMMON-PRIOR>             2,859,980
<ACCUMULATED-NII-CURRENT>         0
<OVERDISTRIBUTION-NII>            (269,843)
<ACCUMULATED-NET-GAINS>           (19,945,638)
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          (4,439,595)
<NET-ASSETS>                      13,998,569
<DIVIDEND-INCOME>                 0
<INTEREST-INCOME>                 14,706,068
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (1,277,601)
<NET-INVESTMENT-INCOME>           13,428,467
<REALIZED-GAINS-CURRENT>          26,733
<APPREC-INCREASE-CURRENT>         (3,957,814)
<NET-CHANGE-FROM-OPS>             9,497,386
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (1,334,302)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           992,483
<NUMBER-OF-SHARES-REDEEMED>       (2,314,778)
<SHARES-REINVESTED>               106,036
<NET-CHANGE-IN-ASSETS>            (6,344,815)
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         (24,078,137)
<OVERDISTRIB-NII-PRIOR>           (379,061)
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             866,191
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   1,888,162
<AVERAGE-NET-ASSETS>              22,295,665
<PER-SHARE-NAV-BEGIN>             8.670
<PER-SHARE-NII>                   0.510
<PER-SHARE-GAIN-APPREC>           (0.150)
<PER-SHARE-DIVIDEND>              (0.510)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               8.520
<EXPENSE-RATIO>                   0.810
[AVG-DEBT-OUTSTANDING]            0
[AVG-DEBT-PER-SHARE]              0.00



</TABLE>


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