<PAGE> PAGE 1
000 A000000 08/31/95
000 C000000 0000812219
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 LIBERTY UTILITY FUND, INC.
001 B000000 811-5114
001 C000000 4122888127
002 A000000 FEDERATED INVESTORS TOWERS
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 N
007 B000000 0
007 C010100 1
007 C010200 2
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 A000001 PASSPORT RESEARCH, LTD.
008 B000001 A
008 C000001 801-16217
008 D010001 PITTSBURGH
008 D020001 PA
008 D030001 15222
008 D040001 3779
010 A000001 FEDERATED ADMINISTRATIVE SERVICES
010 C010001 PITTSBURGH
010 C020001 PA
010 C030001 15222
010 C040001 3779
011 A000001 FEDERATED SECUTITIES CORP.
011 B000001 8-15561
011 C010001 PITTSBURGH
011 C020001 PA
011 C030001 15222
011 C040001 3779
<PAGE> PAGE 2
012 A000001 FEDERATED SERVICES COMPANY
012 B000001 84-1869
012 C010001 PITTSBURGH
012 C020001 PA
012 C030001 15222
012 C040001 3779
013 A000001 ERNST & YOUNG LLP
013 B010001 PITTSBURGH
013 B020001 PA
013 B030001 15219
015 A000001 STATESTREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 PA
015 C030001 02266
015 C040001 8600
015 E010001 X
015 A000002 BANKERS TRUST CO.
015 B000002 S
015 C010002 NEW YORK
015 C020002 NY
015 C030002 10015
015 E010002 X
015 A000003 BANKERS TRUST CO.
015 B000003 S
015 C010003 NEW YORK
015 C020003 NY
015 C030003 10015
015 E010003 X
015 A000004 BANK OF NEW YORK
015 B000004 S
015 C010004 NEW YORK
015 C020004 NY
015 C030004 10006
015 E010004 X
015 A000005 CHEMICAL BANK & TRUST CO.
015 B000005 S
015 C010005 NEW YORK
015 C020005 NY
015 C030005 10006
015 E010005 X
015 A000006 MARINE MIDLAND BANK
015 B000006 S
015 C010006 NEW YORK
015 C020006 NY
015 C030006 10015
015 E010006 X
015 A000007 NATIONSBANC CAPITAL MARKETS, INC.
015 B000007 S
015 C010007 RICHMOND
015 C020007 VA
<PAGE> PAGE 3
015 C030007 23261
015 E010007 X
015 A000008 NATIONSBANK OF NORTH CAROLINA
015 B000008 S
015 C010008 CHARLOTTE
015 C020008 NC
015 C030008 28255
015 E010008 X
015 A000009 PNC BANK, NA
015 B000009 S
015 C010009 PITTSBURGH
015 C020009 PA
015 C030009 15265
015 E010009 X
015 A000010 SECURITY PACIFIC NATIONAL TRUST CO.
015 B000010 S
015 C010010 NEW YORK
015 C020010 NY
015 C030010 10006
015 E010010 X
018 000000 Y
019 A000000 Y
019 B000000 17
019 C000000 LIBERTFMLY
020 A000001 SALOMON BROTHERS, INC.
020 B000001 13-3082694
020 C000001 162
020 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000002 13-5674085
020 C000002 90
020 A000003 BEAR, STEARNS & CO., INC.
020 B000003 13-3299429
020 C000003 57
020 A000004 STANDARD & POORS SECUTITIES, INC.
020 B000004 13-2671951
020 C000004 49
020 A000005 SMITH BARNEY, INC.
020 B000005 13-1912900
020 C000005 41
020 A000006 AUTRANET, INC.
020 B000006 13-2961507
020 C000006 37
020 A000007 MORGAN STANLEY & CO., INC.
020 B000007 13-2655998
020 C000007 26
020 A000008 JANNEY MONTGOMERY SCOTT, INC.
020 B000008 23-0731260
020 C000008 22
020 A000009 CS FIRST BOSTON CORP.
020 B000009 13-5659485
020 C000009 22
<PAGE> PAGE 4
020 A000010 PAINEWEBBER, INC.
020 B000010 13-2638166
020 C000010 21
021 000000 660
022 A000001 MORGAN GUARANTY TRUST CO. OF NEW YORK
022 B000001 13-5123346
022 C000001 76906
022 D000001 81087
022 A000002 MORGAN (J.P.) SECURITIES, INC.
022 B000002 13-3224016
022 C000002 17511
022 D000002 67278
022 A000003 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000003 13-5674085
022 C000003 39502
022 D000003 42057
022 A000004 GOLDMAN SACHS & CO.
022 B000004 13-5108880
022 C000004 45036
022 D000004 32330
022 A000005 ROBERT W. BAIRD & CO., INC.
022 B000005 39-6037917
022 C000005 39580
022 D000005 28270
022 A000006 CS FIRST BOSTON CORP.
022 B000006 13-5659485
022 C000006 36627
022 D000006 4422
022 A000007 OPPENHEIMER & CO., INC.
022 B000007 13-2798343
022 C000007 18479
022 D000007 20754
022 A000008 NATWEST SECURITIES CORP.
022 C000008 22807
022 D000008 15523
022 A000009 SALOMON BROTHERS, INC.
022 B000009 13-3082694
022 C000009 11286
022 D000009 23525
022 A000010 BEAR, STEARNS & CO., INC.
022 B000010 13-3299429
022 C000010 17808
022 D000010 13600
023 C000000 4061496126
023 D000000 53574269
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
<PAGE> PAGE 5
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 N
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
027 000000 Y
028 A010000 10874
028 A020000 6590
028 A030000 0
028 A040000 11974
028 B010000 8232
028 B020000 0
028 B030000 0
028 B040000 11027
028 C010000 9659
028 C020000 0
028 C030000 0
028 C040000 12814
028 D010000 16881
028 D020000 6337
028 D030000 0
028 D040000 12487
028 E010000 7417
028 E020000 0
028 E030000 0
028 E040000 17190
028 F010000 10365
028 F020000 1
028 F030000 0
028 F040000 14586
028 G010000 63428
028 G020000 12928
028 G030000 0
028 G040000 80078
028 H000000 57664
029 000000 Y
030 A000000 989
030 B000000 5.50
030 C000000 0.00
031 A000000 86
031 B000000 0
032 000000 903
033 000000 0
034 000000 Y
<PAGE> PAGE 6
035 000000 80
036 A000000 N
036 B000000 0
037 000000 N
038 000000 0
039 000000 N
040 000000 Y
041 000000 Y
042 A000000 0
042 B000000 0
042 C000000 100
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 351
044 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.750
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
052 000000 N
053 A000000 Y
053 B000000 Y
053 C000000 N
<PAGE> PAGE 7
054 A000000 N
054 B000000 N
054 C000000 N
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 N
054 H000000 N
054 I000000 N
054 J000000 N
054 K000000 N
054 L000000 N
054 M000000 N
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 500
062 A000000 N
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
063 A000000 0
063 B000000 0.0
066 A000000 Y
066 B000000 N
066 C000000 N
066 D000000 N
066 E000000 Y
066 F000000 N
066 G000000 N
<PAGE> PAGE 8
067 000000 N
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 N
070 D020000 N
070 E010000 N
070 E020000 N
070 F010000 N
070 F020000 N
070 G010000 N
070 G020000 N
070 H010000 N
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 N
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 N
070 M020000 N
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 N
070 P010000 Y
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000 253545
071 B000000 233843
071 C000000 818173
071 D000000 29
072 A000000 6
072 B000000 2465
072 C000000 22185
072 D000000 0
072 E000000 0
072 F000000 3177
072 G000000 321
<PAGE> PAGE 9
072 H000000 0
072 I000000 577
072 J000000 65
072 K000000 0
072 L000000 111
072 M000000 10
072 N000000 48
072 O000000 90
072 P000000 0
072 Q000000 93
072 R000000 10
072 S000000 16
072 T000000 1410
072 U000000 0
072 V000000 0
072 W000000 11
072 X000000 5939
072 Y000000 757
072 Z000000 19468
072AA000000 20140
072BB000000 1286
072CC010000 26227
072CC020000 0
072DD010000 16398
072DD020000 1594
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 25
074 B000000 35605
074 C000000 0
074 D000000 70901
074 E000000 174131
074 F000000 576224
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 3243
074 K000000 0
074 L000000 6372
074 M000000 0
074 N000000 866501
074 O000000 0
074 P000000 0
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 3812
<PAGE> PAGE 10
074 S000000 0
074 T000000 862689
074 U010000 65035
074 U020000 9304
074 V010000 0.00
074 V020000 0.00
074 W000000 0.0000
074 X000000 63169
074 Y000000 0
075 A000000 0
075 B000000 844994
076 000000 0.00
077 A000000 N
078 000000 N
SIGNATURE S.ELLIOTT COHAN
TITLE ASST.GEN. COUNSEL
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 011
<NAME> Liberty Utility Fund, Inc.
Class A
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Feb-28-1996
<PERIOD-END> Aug-31-1995
<INVESTMENTS-AT-COST> 793,390,943
<INVESTMENTS-AT-VALUE> 856,861,083
<RECEIVABLES> 9,614,831
<ASSETS-OTHER> 24,996
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 866,500,910
<PAYABLE-FOR-SECURITIES> 1,779,823
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,032,528
<TOTAL-LIABILITIES> 3,812,351
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 799,287,015
<SHARES-COMMON-STOCK> 65,035,201
<SHARES-COMMON-PRIOR> 67,578,481
<ACCUMULATED-NII-CURRENT> 1,227,124
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,294,199)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 63,468,619
<NET-ASSETS> 754,791,714
<DIVIDEND-INCOME> 22,184,831
<INTEREST-INCOME> 2,465,218
<OTHER-INCOME> 0
<EXPENSES-NET> 5,181,929
<NET-INVESTMENT-INCOME> 19,468,120
<REALIZED-GAINS-CURRENT> 18,853,539
<APPREC-INCREASE-CURRENT> 26,226,713
<NET-CHANGE-FROM-OPS> 64,548,372
<EQUALIZATION> (248,713)
<DISTRIBUTIONS-OF-INCOME> 16,398,210
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,394,681
<NUMBER-OF-SHARES-REDEEMED> 6,019,299
<SHARES-REINVESTED> 1,081,338
<NET-CHANGE-IN-ASSETS> 42,834,401
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (20,147,738)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,177,204
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5,939,166
<AVERAGE-NET-ASSETS> 844,994,349
<PER-SHARE-NAV-BEGIN> 10.980
<PER-SHARE-NII> 0.260
<PER-SHARE-GAIN-APPREC> 0.620
<PER-SHARE-DIVIDEND> 0.250
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.610
<EXPENSE-RATIO> 1.14
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 012
<NAME> Liberty Utility Fund, Inc.
Class B
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Feb-28-1996
<PERIOD-END> Aug-31-1995
<INVESTMENTS-AT-COST> 793,390,943
<INVESTMENTS-AT-VALUE> 856,861,083
<RECEIVABLES> 9,614,831
<ASSETS-OTHER> 24,996
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 866,500,910
<PAYABLE-FOR-SECURITIES> 1,779,823
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,032,528
<TOTAL-LIABILITIES> 3,812,351
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 799,287,015
<SHARES-COMMON-STOCK> 4,277,437
<SHARES-COMMON-PRIOR> 1,711,022
<ACCUMULATED-NII-CURRENT> 1,227,124
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,294,199)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 63,468,619
<NET-ASSETS> 49,035,535
<DIVIDEND-INCOME> 22,184,831
<INTEREST-INCOME> 2,465,218
<OTHER-INCOME> 0
<EXPENSES-NET> 5,181,929
<NET-INVESTMENT-INCOME> 19,468,120
<REALIZED-GAINS-CURRENT> 18,853,539
<APPREC-INCREASE-CURRENT> 26,226,713
<NET-CHANGE-FROM-OPS> 64,548,372
<EQUALIZATION> (248,713)
<DISTRIBUTIONS-OF-INCOME> 504,539
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,618,714
<NUMBER-OF-SHARES-REDEEMED> 136,660
<SHARES-REINVESTED> 34,361
<NET-CHANGE-IN-ASSETS> 42,834,401
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (20,147,738)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,177,204
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5,939,166
<AVERAGE-NET-ASSETS> 844,994,349
<PER-SHARE-NAV-BEGIN> 10.980
<PER-SHARE-NII> 0.270
<PER-SHARE-GAIN-APPREC> 0.560
<PER-SHARE-DIVIDEND> 0.210
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.600
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 013
<NAME> Liberty Utility Fund, Inc.
Class C
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Feb-28-1996
<PERIOD-END> Aug-31-1995
<INVESTMENTS-AT-COST> 793,390,943
<INVESTMENTS-AT-VALUE> 856,861,083
<RECEIVABLES> 9,614,831
<ASSETS-OTHER> 24,996
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 866,500,910
<PAYABLE-FOR-SECURITIES> 1,779,823
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,032,528
<TOTAL-LIABILITIES> 3,812,351
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 799,287,015
<SHARES-COMMON-STOCK> 5,076,233
<SHARES-COMMON-PRIOR> 5,357,620
<ACCUMULATED-NII-CURRENT> 1,227,124
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,294,199)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 63,468,619
<NET-ASSETS> 58,861,310
<DIVIDEND-INCOME> 22,184,831
<INTEREST-INCOME> 2,465,218
<OTHER-INCOME> 0
<EXPENSES-NET> 5,181,929
<NET-INVESTMENT-INCOME> 19,468,120
<REALIZED-GAINS-CURRENT> 18,853,539
<APPREC-INCREASE-CURRENT> 26,226,713
<NET-CHANGE-FROM-OPS> 64,548,372
<EQUALIZATION> (248,713)
<DISTRIBUTIONS-OF-INCOME> 1,089,534
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 619,229
<NUMBER-OF-SHARES-REDEEMED> 950,738
<SHARES-REINVESTED> 50,122
<NET-CHANGE-IN-ASSETS> 42,834,401
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (20,147,738)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,177,204
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5,939,166
<AVERAGE-NET-ASSETS> 844,994,349
<PER-SHARE-NAV-BEGIN> 10.980
<PER-SHARE-NII> 0.220
<PER-SHARE-GAIN-APPREC> 0.610
<PER-SHARE-DIVIDEND> 0.210
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.600
<EXPENSE-RATIO> 1.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.000
</TABLE>