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<PAGE> PAGE 2
013 B030001 55402
015 A000001 U.S.BANK NATIONAL ASSOCIATION
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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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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SIGNATURE TAMARA L. FAGELY
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
STATEMENT OF ASSETS AND LIABILITIES, STATEMENT OF OPERATIONS, AND STATEMENT OF
CHANGES IN THE NET ASSETS FOUND ON PAGE(S)8 through 11 OF THE SEMI-ANNUAL
SHAREHOLDER REPORT.
</LEGEND>
<CIK> 0000086317
<NAME> FORTIS SECURITIES, INC.
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUL-31-1999
<PERIOD-START> AUG-01-1998
<PERIOD-END> JAN-31-1999
<INVESTMENTS-AT-COST> 114,734,238
<INVESTMENTS-AT-VALUE> 118,617,984
<RECEIVABLES> 4,127,940
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 28,129
<TOTAL-ASSETS> 122,774,053
<PAYABLE-FOR-SECURITIES> 5,007,188
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 876,767
<TOTAL-LIABILITIES> 5,883,955
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 132,751,440
<SHARES-COMMON-STOCK> 12,643,661
<SHARES-COMMON-PRIOR> 12,642,180
<ACCUMULATED-NII-CURRENT> 181,206
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (19,926,294)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,883,746
<NET-ASSETS> 116,890,098
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4,950,613
<OTHER-INCOME> 0
<EXPENSES-NET> (437,733)
<NET-INVESTMENT-INCOME> 4,512,880
<REALIZED-GAINS-CURRENT> (2,278,346)
<APPREC-INCREASE-CURRENT> (1,516,543)
<NET-CHANGE-FROM-OPS> 717,991
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,551,434)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 1,481
<NET-CHANGE-IN-ASSETS> (3,830,820)
<ACCUMULATED-NII-PRIOR> 219,760
<ACCUMULATED-GAINS-PRIOR> (17,647,948)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 360,151
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 437,733
<AVERAGE-NET-ASSETS> 117,799,000
<PER-SHARE-NAV-BEGIN> 9.55
<PER-SHARE-NII> .36
<PER-SHARE-GAIN-APPREC> (.31)
<PER-SHARE-DIVIDEND> (.36)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.24
<EXPENSE-RATIO> .74<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>ANNUALIZED
</FN>
</TABLE>
