FEDERATED INCOME SECURITIES TRUST
NSAR-A, EX-27, 2000-12-28
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000789281
<NAME>                            Federated Income Securities Trust
<SERIES>
     <NUMBER>                     021
     <NAME>                       Federated Intermediate Income Fund - Institutional Shares

<S>                               <C>
<PERIOD-TYPE>                     6-MOS
<FISCAL-YEAR-END>                 Apr-30-2001
<PERIOD-END>                      Oct-31-2000
<INVESTMENTS-AT-COST>             326,091,620
<INVESTMENTS-AT-VALUE>            320,189,877
<RECEIVABLES>                     7,651,441
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    327,841,318
<PAYABLE-FOR-SECURITIES>          3,614,367
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,819,125
<TOTAL-LIABILITIES>               5,433,492
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          335,163,574
<SHARES-COMMON-STOCK>             30,259,247
<SHARES-COMMON-PRIOR>             31,166,701
<ACCUMULATED-NII-CURRENT>         0
<OVERDISTRIBUTION-NII>            (120,995)
<ACCUMULATED-NET-GAINS>           (6,733,010)
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          (5,901,743)
<NET-ASSETS>                      290,629,834
<DIVIDEND-INCOME>                 1,403,390
<INTEREST-INCOME>                 10,432,076
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (924,606)
<NET-INVESTMENT-INCOME>           10,910,860
<REALIZED-GAINS-CURRENT>          (2,273,880)
<APPREC-INCREASE-CURRENT>         7,383,642
<NET-CHANGE-FROM-OPS>             16,020,622
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (10,087,935)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           2,736,307
<NUMBER-OF-SHARES-REDEEMED>       (3,798,821)
<SHARES-REINVESTED>               155,060
<NET-CHANGE-IN-ASSETS>            9,605,080
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         (4,459,130)
<OVERDISTRIB-NII-PRIOR>           (47,463)
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             803,594
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   1,481,250
<AVERAGE-NET-ASSETS>              291,858,513
<PER-SHARE-NAV-BEGIN>             9.450
<PER-SHARE-NII>                   0.330
<PER-SHARE-GAIN-APPREC>           0.150
<PER-SHARE-DIVIDEND>              (0.330)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               9.600
<EXPENSE-RATIO>                   0.55
[AVG-DEBT-OUTSTANDING]            0
[AVG-DEBT-PER-SHARE]              0.000



</TABLE>


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