<PAGE> PAGE 1
000 A000000 04/30/97
000 C000000 0000854850
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007 C020100 THE STARBURST GOVERNMENT MONEY MARKET FUND
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007 C010200 2
007 C020200 THE STARBURST MONEY MARKET FUND
007 C030200 N
007 C010300 3
007 C010400 4
007 C020400 THE STARBURST GOVERNMENT INCOME FUND
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007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
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008 D01AA01 BIRMINGHAM
008 D02AA01 AL
008 D03AA01 35233
010 A00AA01 FEDERATED ADMINISTRATIVE SERVICES
010 C01AA01 PITTSBURGH
010 C02AA01 PA
010 C03AA01 15222
010 C04AA01 3779
011 A00AA01 FEDERATED SECURITIES CORP.
<PAGE> PAGE 2
011 B00AA01 8-15561
011 C01AA01 PITTSBURGH
011 C02AA01 PA
011 C03AA01 15222
011 C04AA01 3779
012 A00AA01 FEDERATED SHAREHOLDER SERVICES COMPANY
012 B00AA01 84-1869
012 C01AA01 PITTSBURGH
012 C02AA01 PA
012 C03AA01 15222
012 C04AA01 3779
013 A00AA01 DELOITTE & TOUCHE LLP
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013 B02AA01 PA
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013 B04AA01 5401
015 A00AA01 COMPASS BANK
015 B00AA01 C
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<PAGE> PAGE 3
022 D000004 48521
022 A000005 HARRIS GOVERNMENT SECURITIES, INC.
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<PAGE> PAGE 4
054 G00AA00 N
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054 K00AA00 N
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
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<S> <C>
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<SERIES>
<NUMBER> 011
<NAME> The Starburst Funds
The Starburst Government Money Market Fund
Trust Shares
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</TABLE>
<TABLE> <S> <C>
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<SERIES>
<NUMBER> 012
<NAME> The Starburst Funds
The Starburst Government Money Market Fund
Investment Shares
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<PERIOD-END> Apr-30-1997
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<TABLE> <S> <C>
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<NAME> The Starburst Funds
The Starburst Money Market Fund
Trust Shares
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<TABLE> <S> <C>
<S> <C>
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<SERIES>
<NUMBER> 022
<NAME> The Starburst Funds
The Starburst Money Market Fund
Investment Shares
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<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 04
<NAME> The Starburst Funds
The Starburst Government Income Fund
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