FEDERATED UTILITY FUND INC
NSAR-A, 1996-10-30
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<PAGE>      PAGE  1
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SIGNATURE   S. ELLIOT COHAN                              
TITLE       ASST. GEN. COUNSEL  
 


<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   001                                            
     <NAME>                     Federated Utility Fund, Inc.                   
                                Class A Shares                                 
                                                                               
<PERIOD-TYPE>                   6-MOS                                          
<FISCAL-YEAR-END>               Feb-28-1997                                    
<PERIOD-END>                    Aug-31-1996                                    
<INVESTMENTS-AT-COST>           1,400,562,271                                  
<INVESTMENTS-AT-VALUE>          1,562,485,287                                  
<RECEIVABLES>                   14,540,144                                     
<ASSETS-OTHER>                  75,848                                         
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  1,577,101,279                                  
<PAYABLE-FOR-SECURITIES>        4,989,257                                      
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       4,236,739                                      
<TOTAL-LIABILITIES>             9,225,996                                      
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        1,382,403,138                                  
<SHARES-COMMON-STOCK>           60,412,491                                     
<SHARES-COMMON-PRIOR>           63,833,024                                     
<ACCUMULATED-NII-CURRENT>       0                                              
<OVERDISTRIBUTION-NII>          (4,538,763)                                    
<ACCUMULATED-NET-GAINS>         28,085,955                                     
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        161,924,953                                    
<NET-ASSETS>                    734,013,407                                    
<DIVIDEND-INCOME>               23,719,881                                     
<INTEREST-INCOME>               2,811,895                                      
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  7,961,518                                      
<NET-INVESTMENT-INCOME>         18,570,258                                     
<REALIZED-GAINS-CURRENT>        28,207,858                                     
<APPREC-INCREASE-CURRENT>       36,628,486                                     
<NET-CHANGE-FROM-OPS>           83,406,602                                     
<EQUALIZATION>                  (7,992)                                        
<DISTRIBUTIONS-OF-INCOME>       15,504,127                                     
<DISTRIBUTIONS-OF-GAINS>        23,260,919                                     
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         1,899,593                                      
<NUMBER-OF-SHARES-REDEEMED>     7,914,130                                      
<SHARES-REINVESTED>             2,594,004                                      
<NET-CHANGE-IN-ASSETS>          598,674,746                                    
<ACCUMULATED-NII-PRIOR>         0                                              
<ACCUMULATED-GAINS-PRIOR>       27,724,936                                     
<OVERDISTRIB-NII-PRIOR>         (54,265)                                       
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           4,848,670                                      
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 8,877,461                                      
<AVERAGE-NET-ASSETS>            1,229,453,115                                  
<PER-SHARE-NAV-BEGIN>           12.790                                         
<PER-SHARE-NII>                 0.180                                          
<PER-SHARE-GAIN-APPREC>         (0.190)                                        
<PER-SHARE-DIVIDEND>            0.250                                          
<PER-SHARE-DISTRIBUTIONS>       0.380                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             12.150                                         
<EXPENSE-RATIO>                 1.15                                           
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>

<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   002                                            
     <NAME>                     Federated Utility Fund, Inc.                   
                                Class B Shares                                 
                                                                               
<PERIOD-TYPE>                   6-MOS                                          
<FISCAL-YEAR-END>               Feb-28-1997                                    
<PERIOD-END>                    Aug-31-1996                                    
<INVESTMENTS-AT-COST>           1,400,562,271                                  
<INVESTMENTS-AT-VALUE>          1,562,485,287                                  
<RECEIVABLES>                   14,540,144                                     
<ASSETS-OTHER>                  75,848                                         
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  1,577,101,279                                  
<PAYABLE-FOR-SECURITIES>        4,989,257                                      
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       4,236,739                                      
<TOTAL-LIABILITIES>             9,225,996                                      
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        1,382,403,138                                  
<SHARES-COMMON-STOCK>           7,416,132                                      
<SHARES-COMMON-PRIOR>           6,704,820                                      
<ACCUMULATED-NII-CURRENT>       0                                              
<OVERDISTRIBUTION-NII>          (4,538,763)                                    
<ACCUMULATED-NET-GAINS>         28,085,955                                     
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        161,924,953                                    
<NET-ASSETS>                    90,091,885                                     
<DIVIDEND-INCOME>               23,719,881                                     
<INTEREST-INCOME>               2,811,895                                      
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  7,961,518                                      
<NET-INVESTMENT-INCOME>         18,570,258                                     
<REALIZED-GAINS-CURRENT>        28,207,858                                     
<APPREC-INCREASE-CURRENT>       36,628,486                                     
<NET-CHANGE-FROM-OPS>           83,406,602                                     
<EQUALIZATION>                  (7,992)                                        
<DISTRIBUTIONS-OF-INCOME>       1,296,658                                      
<DISTRIBUTIONS-OF-GAINS>        2,641,341                                      
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         1,228,917                                      
<NUMBER-OF-SHARES-REDEEMED>     779,253                                        
<SHARES-REINVESTED>             261,648                                        
<NET-CHANGE-IN-ASSETS>          598,674,746                                    
<ACCUMULATED-NII-PRIOR>         0                                              
<ACCUMULATED-GAINS-PRIOR>       27,724,936                                     
<OVERDISTRIB-NII-PRIOR>         (54,265)                                       
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           4,848,670                                      
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 8,877,461                                      
<AVERAGE-NET-ASSETS>            1,229,453,115                                  
<PER-SHARE-NAV-BEGIN>           12.770                                         
<PER-SHARE-NII>                 0.150                                          
<PER-SHARE-GAIN-APPREC>         (0.200)                                        
<PER-SHARE-DIVIDEND>            0.190                                          
<PER-SHARE-DISTRIBUTIONS>       0.380                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             12.150                                         
<EXPENSE-RATIO>                 1.91                                           
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>

<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   003                                            
     <NAME>                     Federated Utility Fund, Inc.                   
                                Class C Shares                                 
                                                                               
<PERIOD-TYPE>                   6-MOS                                          
<FISCAL-YEAR-END>               Feb-28-1997                                    
<PERIOD-END>                    Aug-31-1996                                    
<INVESTMENTS-AT-COST>           1,400,562,271                                  
<INVESTMENTS-AT-VALUE>          1,562,485,287                                  
<RECEIVABLES>                   14,540,144                                     
<ASSETS-OTHER>                  75,848                                         
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  1,577,101,279                                  
<PAYABLE-FOR-SECURITIES>        4,989,257                                      
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       4,236,739                                      
<TOTAL-LIABILITIES>             9,225,996                                      
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        1,382,403,138                                  
<SHARES-COMMON-STOCK>           4,994,516                                      
<SHARES-COMMON-PRIOR>           5,234,071                                      
<ACCUMULATED-NII-CURRENT>       0                                              
<OVERDISTRIBUTION-NII>          (4,538,763)                                    
<ACCUMULATED-NET-GAINS>         28,085,955                                     
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        161,924,953                                    
<NET-ASSETS>                    60,699,025                                     
<DIVIDEND-INCOME>               23,719,881                                     
<INTEREST-INCOME>               2,811,895                                      
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  7,961,518                                      
<NET-INVESTMENT-INCOME>         18,570,258                                     
<REALIZED-GAINS-CURRENT>        28,207,858                                     
<APPREC-INCREASE-CURRENT>       36,628,486                                     
<NET-CHANGE-FROM-OPS>           83,406,602                                     
<EQUALIZATION>                  (7,992)                                        
<DISTRIBUTIONS-OF-INCOME>       934,629                                        
<DISTRIBUTIONS-OF-GAINS>        1,944,579                                      
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         381,063                                        
<NUMBER-OF-SHARES-REDEEMED>     811,910                                        
<SHARES-REINVESTED>             191,292                                        
<NET-CHANGE-IN-ASSETS>          598,674,746                                    
<ACCUMULATED-NII-PRIOR>         0                                              
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<OVERDISTRIB-NII-PRIOR>         (54,265)                                       
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           4,848,670                                      
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 8,877,461                                      
<AVERAGE-NET-ASSETS>            1,229,453,115                                  
<PER-SHARE-NAV-BEGIN>           12.770                                         
<PER-SHARE-NII>                 0.140                                          
<PER-SHARE-GAIN-APPREC>         (0.190)                                        
<PER-SHARE-DIVIDEND>            0.190                                          
<PER-SHARE-DISTRIBUTIONS>       0.380                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             12.150                                         
<EXPENSE-RATIO>                 1.90                                           
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>

<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   004                                            
     <NAME>                     Federated Utility Fund, Inc.                   
                                Class F Shares                                 
                                                                               
<PERIOD-TYPE>                   6-MOS                                          
<FISCAL-YEAR-END>               Feb-28-1997                                    
<PERIOD-END>                    Aug-31-1996                                    
<INVESTMENTS-AT-COST>           1,400,562,271                                  
<INVESTMENTS-AT-VALUE>          1,562,485,287                                  
<RECEIVABLES>                   14,540,144                                     
<ASSETS-OTHER>                  75,848                                         
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  1,577,101,279                                  
<PAYABLE-FOR-SECURITIES>        4,989,257                                      
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       4,236,739                                      
<TOTAL-LIABILITIES>             9,225,996                                      
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        1,382,403,138                                  
<SHARES-COMMON-STOCK>           56,233,744                                     
<SHARES-COMMON-PRIOR>           0                                              
<ACCUMULATED-NII-CURRENT>       0                                              
<OVERDISTRIBUTION-NII>          (4,538,763)                                    
<ACCUMULATED-NET-GAINS>         28,085,955                                     
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        161,924,953                                    
<NET-ASSETS>                    683,070,966                                    
<DIVIDEND-INCOME>               23,719,881                                     
<INTEREST-INCOME>               2,811,895                                      
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  7,961,518                                      
<NET-INVESTMENT-INCOME>         18,570,258                                     
<REALIZED-GAINS-CURRENT>        28,207,858                                     
<APPREC-INCREASE-CURRENT>       36,628,486                                     
<NET-CHANGE-FROM-OPS>           83,406,602                                     
<EQUALIZATION>                  (7,992)                                        
<DISTRIBUTIONS-OF-INCOME>       5,311,350                                      
<DISTRIBUTIONS-OF-GAINS>        0                                              
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         60,656,703                                     
<NUMBER-OF-SHARES-REDEEMED>     4,727,251                                      
<SHARES-REINVESTED>             304,292                                        
<NET-CHANGE-IN-ASSETS>          598,674,746                                    
<ACCUMULATED-NII-PRIOR>         0                                              
<ACCUMULATED-GAINS-PRIOR>       27,724,936                                     
<OVERDISTRIB-NII-PRIOR>         (54,265)                                       
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           4,848,670                                      
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 8,877,461                                      
<AVERAGE-NET-ASSETS>            1,229,453,115                                  
<PER-SHARE-NAV-BEGIN>           12.370                                         
<PER-SHARE-NII>                 0.100                                          
<PER-SHARE-GAIN-APPREC>         (0.230)                                        
<PER-SHARE-DIVIDEND>            0.090                                          
<PER-SHARE-DISTRIBUTIONS>       0.000                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             12.150                                         
<EXPENSE-RATIO>                 1.12                                           
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>


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