TOTAL RETURN U S TREASURY FUND INC
NSAR-A, 1997-06-27
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011 A000002 ISI GROUP INC.
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SIGNATURE   EDWARD J. VEILLEUX                           
TITLE       VICE PRESIDENT      
 

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

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811160
<NAME> TOTAL RETURN US TREASURY FUND-FLAG A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               APR-30-1997
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<INVESTMENTS-AT-VALUE>                     309,128,601
<RECEIVABLES>                                6,657,700
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811160
<NAME> TOTAL RETURN U.S. TREASURY FUND-FLAG B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               APR-30-1997
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<INVESTMENTS-AT-VALUE>                     309,128,601
<RECEIVABLES>                                6,657,700
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<OTHER-ITEMS-ASSETS>                                 0
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       235,865
<SHARES-COMMON-STOCK>                           24,438
<SHARES-COMMON-PRIOR>                           12,494
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<OTHER-INCOME>                                       0
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<NET-INVESTMENT-INCOME>                      9,029,732
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<APPREC-INCREASE-CURRENT>                  (5,034,444)
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000811160
<NAME> TOTAL RETURN U.S. TREASURY FUND-ISI
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1997
<PERIOD-END>                               APR-30-1997
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<INVESTMENTS-AT-VALUE>                     309,128,601
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<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       6,055,014
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                  (15,084,015)
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<DIVIDEND-INCOME>                                    0
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</TABLE>


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