1933 Act Registration No. 33-43472
1940 Act Registration No. 811-6447
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1993
Pre-Effective Amendment No.
Post-Effective Amendment No. 10 X_
and/or
REGISTRATION STATEMENT UNDER THE INVESTMENT
COMPANY ACT OF 1940
Amendment No. 12 X
FIXED INCOME SECURITIES, INC.
(Exact Name of Registrant as Specified in Charter)
Federated Investors Tower, Pittsburgh, Pennsylvania 15222-3779
(Address of Principal Executive Offices)
(412) 288-1900
(Registrant's Telephone Number)
John W. McGonigle, Esq., Federated Investors Tower,
Pittsburgh, Pennsylvania 15222-3779
(Name and Address of Agent for Service)
Copies to:
Thomas J. Donnelly, Esquire Charles H. Morin, Esquire
Houston, Houston & Donnelly Dickstein, Shapiro & Morin
2510 Centre City Tower 2101 L Street, N.W.
650 Smithfield Street Washington, D.C. 20037
Pittsburgh, Pennsylvania 15222
It is proposed that this filing will become effective (check
appropriate box):
___ Immediately upon filing pursuant to paragraph (b), or
X on April 5, 1994 pursuant to paragraph (b), or
60 days after filing pursuant paragraph (a), or
on (date) pursuant to paragraph (a), of Rule 485.
<PAGE>
Registrant previously has filed a declaration pursuant
to Rule 24f-2 of the Investment Company Act of 1940 to register
an indefinite number of shares of each class of its Strategic
Income Fund portfolio. In addition, Registrant previously has
filed declarations pursuant to Rule 24f-2 with respect to each
class of its currently outstanding portfolios of shares. Rule
24f-2 Notices with respect to each such class for the fiscal
year ended November 30, 1993 were filed on January 18, 1994.
Explanatory Note: This Amendment to the Registration Statement
is being filed solely to update Part C of the Registration
Statement and to file certain Exhibits referred to therein.
PART A: THE PROSPECTUS
Part A of this Amendment is incorporated herein by
reference to Part A of Post-Effective Amendment No. 9 (under
the Securities Act of 1933) of the Registration Statement, as
filed with the Securities and Exchange Commission on February
4, 1994.
PART B: STATEMENT OF ADDITIONAL INFORMATION
Part B of this Amendment is incorporated herein by
reference to Part B Post-Effective Amendment No. 9 (under the
Securities Act of 1933) of the Registration Statement, as filed
with the Securities and Exchange Commission on February 4,
1994.
PART C: OTHER INFORMATION
Note: This Part C has been completed with respect to all
portfolios of the Registrant.
Item 24. Financial Statements and Exhibits:
(a) Financial Statements: None.
(b) Exhibits:
* (1) Copy of Articles of Incorporation;
* (i) Copy of Amendment No. 1 to Articles of
Incorporation (dated March 1, 1993);
* (2) Copy of By-Laws;
(3) Not applicable;
(4) Copy of Specimen Certificate for Shares of
Capital Stock;
* (i) Limited Term Fund - Fortress Shares;
* (ii) Limited Term Municipal Fund - Fortress
Shares;
* (iii) Limited Term Municipal Fund - Investment
Shares;
<PAGE>
* (iv) Multi-State Municipal Income Fund;
* (v) Limited Maturity Government Fund -
Select Shares;
* (vi) Limited Term Fund - Investment Shares;
** (vii) Strategic Income Fund - Form for all
Classes of Shares;
(5) Copy of Investment Advisory Contract;
* (i) Conformed Copy of Investment Advisory
Contract;
* (ii) Conformed Copy of Exhibit B to
Investment Advisory Contract;
* (iii) Form of Exhibit C to Investment Advisory
Contract;
* (iv) Conformed Copy of Exhibit A to
Investment Advisory Contract;
* (v) Conformed Copy of Exhibit D to
Investment Advisory Contract;
*** (vi) Form of Exhibit E to Investment Advisory
Contract;
* (6) Copy of Distributor's Contract;
* (i) Copy of Amendment to Distributor's
Contract;
* (ii) Copy of Administrative Agreement;
** (iii) Form of Exhibit F to Distributor's
Contract;
** (iv) Form of Exhibit G to Distributor's
Contract;
** (v) Form of Exhibit H to Distributor's
Contract;
** (vi) Form of Exhibit I to Distributor's
Contract;
** (vii) Form of Exhibit J to Distributor's
Contract;
(7) Not applicable;
* (8) Copy of Custodian Agreement;
* (9) Conformed Copy of Transfer Agency and Service
Agreement;
* (10) Copy of Opinion and Consent of Counsel as to
legality of shares being registered;
* (11) Not applicable;
(12) Not applicable;
* (13) Copy of Initial Capital Understanding;
(14) Form of Retirement Plan;
* (15) (i) Form of Distribution Plan;
* (ii) Copy of 12b-1 Agreement;
* (iii) Copy of Shareholder Services Plan;
* (vi) Copy of Shareholder Services Agreement;
* (v) Conformed Copy of Distribution Plan;
<PAGE>
* (vi) Conformed Copy of Shareholder Services
Plan;
** (vii) Form of Exhibit F to Distribution Plan;
** (viii) Form of Exhibit G to Distribution Plan;
** (ix) Form of Exhibit H to Distribution Plan;
** (x) Form of Exhibit I to Distribution Plan;
** (xi) Form of Exhibit F to Shareholder
Services Plan;
** (xii) Form of Exhibit G to Shareholder
Services Plan;
** (xiii) Form of Exhibit H to Shareholder
Services Plan;
** (xiv) Form of Exhibit I to Shareholder
Services Plan;
** (xv) Form of Exhibit J to Shareholder
Services Plan;
(16) Not applicable;
* (17) Powers of Attorney;
____________________
* Previously filed.
** Filed herewith.
*** To be filed by subsequent amendment.
Item 25. Persons Controlled by or Under Common Control with
Registrant:
None
Item 26. Number of Holders of Securities:
Number of
Record Holders
Title of Class as of January 6, 1994
Shares of capital stock,
($0.001 per Share par value)
Limited Maturity Government Fund -- Select Shares 7
Limited Term Fund -- Fortress Shares
295
Limited Term Fund -- Investment Shares
11,466
Limited Term Municipal Fund -- Fortress Shares 97
Limited Term Municipal Fund -- Investment Shares 426
Multi-State Municipal Income Fund
44
<PAGE>
Item 27. Indemnification:
Response is incorporated by reference to Registrant's
Pre-Effective Amendment No. 1 to Form N-1A filed
December 19, 1991. (File No. 33-43472)
Item 28. Business and Other Connections of Investment
Adviser:
(a) For a description of the other business of the
Adviser, see the section entitled "Fixed Income
Securities, Inc. Information -- Management of the
Corporation" in Part A. The affiliations with the
Registrant of four of the Trustees and one of the
Officers of the investment adviser are included in
each Statement of Additional Information included
in Part B of this Registration Statement under
"Fixed Income Securities, Inc. Management --
Officers and Directors." The remaining Trustee of
the investment adviser and his principal
occupation is: Mark D. Olson, Partner, Wilson,
Halbrook & Bayard, 107 W. Market Street,
Georgetown, Delaware 19947.
The remaining Officers of the investment adviser
are: Mark L. Mallon, Executive Vice President;
Henry J. Gailliot, Senior Vice President-
Economist; Peter R. Anderson, William D.
Dawson, III, J. Thomas Madden, Gary J. Madich and
J. Alan Minteer, Senior Vice Presidents;
Jonathan C. Conley, Deborah A. Cunningham, Mark E.
Durbiano, Roger A. Early, Kathleen M. Foody-Malus,
David C. Francis, Thomas M. Franks, Edward C.
Gonzales, Jeff A. Kozemchak, John W. McGonigle,
Gregory M. Melvin, Susan M. Nason, Mary Jo Ochson,
Robert J. Ostrowski, Charles A. Ritter, and
Christopher J. Wiles, Vice Presidents; Edward C.
Gonzales, Treasurer, and John W. McGonigle,
Secretary. The business address of each of the
Officers of the investment adviser is Federated
Investors Tower, Pittsburgh, PA 15222-3779. These
individuals are also officers of a majority of the
investment advisers to the Funds listed in Part B
of this Registration Statement under "Fixed Income
Securities, Inc. Management -- The Funds."
Item 29. Principal Underwriters:
(a) Federated Securities Corp., the Distributor for
shares of the Registrant, also acts as principal
underwriter for the following open-end investment
companies: A.T. Ohio Tax-Free Money Fund;
American Leaders Fund, Inc.; Annuity Management
Series; Automated Cash Management Trust; Automated
<PAGE>
Government Money Trust; BankSouth Select Funds;
BayFunds; The Biltmore Funds; The Biltmore
Municipal Funds; The Boulevard Funds; California
Municipal Cash Trust; Cambridge Series Trust; Cash
Trust Series, Inc.; Cash Trust Series II; DG
Investor Series; Edward D. Jones & Co. Daily
Passport Cash Trust; FT Series, Inc.; Federated
ARMs Fund; Federated Exchange Fund, Ltd.;
Federated GNMA Trust; Federated Government Trust;
Federated Growth Trust; Federated High Yield
Trust; Federated Income Securities Trust;
Federated Income Trust; Federated Index Trust;
Federated Intermediate Government Trust; Federated
Master Trust; Federated Municipal Trust; Federated
Short-Intermediate Government Trust; Federated
Short-Term U.S. Government Trust; Federated Stock
Trust; Federated Tax-Free Trust; Federated U.S.
Government Bond Fund; Financial Reserves Fund;
First Priority Funds; First Union Funds; Fortress
Adjustable Rate U.S. Government Fund, Inc.;
Fortress Municipal Income Fund, Inc.; Fortress
Utility Fund, Inc.; Fountain Square Funds; Fund
for U.S. Government Securities, Inc.; Government
Income Securities, Inc.; High Yield Cash Trust;
Independence One Mutual Funds; Insight
Institutional Series, Inc.; Intermediate Municipal
Trust; Investment Series Funds, Inc.; Investment
Series Trust; Liberty Equity Income Fund, Inc.;
Liberty High Income Bond Fund, Inc.; Liberty
Municipal Securities Fund, Inc.; Liberty U.S.
Government Money Market Trust; Liberty Utility
Fund, Inc.; Liquid Cash Trust; Mark Twain Funds;
Marshall Funds, Inc.; Money Market Management,
Inc.; Money Market Obligations Trust; Money Market
Trust; The Monitor Funds; Municipal Securities
Income Trust; New York Municipal Cash Trust;
111 Corcoran Funds; The Planters Funds; Portage
Funds; RIMCO Monument Funds; The Shawmut Funds;
Short-Term Municipal Trust; Signet Select Funds;
SouthTrust Vulcan Funds; Star Funds; The Starburst
Funds; The Starburst Funds II; Stock and Bond
Fund, Inc.; Sunburst Funds; Targeted Duration
Trust; Tax-Free Instruments Trust; Tower Mutual
Funds; Trademark Funds; Trust for Financial
Institutions; Trust for Government Cash Reserves;
Trust for Short-Term U.S. Government Securities;
Trust for U.S. Treasury Obligations; Vision
Fiduciary Funds, Inc.; and Vision Group of Funds,
Inc.
Federated Securities Corp. also acts as principal
underwriter for the following closed-end
investment company: Liberty Term Trust,
Inc.--1999.
<PAGE>
(b)
(1) (2) (3)
Positions and
Name and Principal Positions and Offices Offices With
Business Address With Underwriter Registrant
Richard B. Fisher Director, Chairman, President
Federated Investors Chief Executive and Director
Tower Officer, Chief
Pittsburgh, PA Operating Officer, and
15222-3779 Asst. Treasurer,
Federated Securities
Corp.
Edward C. Gonzales Director, Executive Vice President
Federated Investors Vice President, and and Treasurer
Tower Treasurer, Federated
Pittsburgh, PA Securities Corp.
15222-3779
John W. McGonigle Director, Executive Vice President
Federated Investors Vice President, and and Secretary
Tower Assistant Secretary,
Pittsburgh, PA Federated Securities
15222-3779 Corp.
John A. Staley, IV Executive Vice Vice President
Federated Investors President and Assistant
Tower Secretary, Federated
Pittsburgh, PA Securities Corp.
15222-3779
John B. Fisher President-Institutional --
Federated Investors Sales, Federated
Tower Securities Corp.
Pittsburgh, PA
15222-3779
James F. Getz President- --
Federated Investors Broker/Dealer,
Tower Federated Securities
Pittsburgh, PA Corp.
15222-3779
Mark R. Gensheimer Executive Vice --
Federated Investors President of
Tower Bank/Trust, Federated
Pittsburgh, PA Securities Corp.
15222-3779
<PAGE>
James S. Hamilton Senior Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
James R. Ball Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Mark W. Bloss Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Richard W. Boyd Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Mary J. Combs Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Laura M. Deger Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Jill Ehrenfeld Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Theodore Fadool, Jr. Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Bryant R. Fisher Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
<PAGE>
Christopher T. Fives Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Joseph D. Gibbons Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
James M. Heaton Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
William E. Kugler Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Dennis M. Laffey Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
J. Michael Miller Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
R. Jeffery Niss Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Keith Nixon Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Michael P. O'Brien Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
<PAGE>
Solon A. Person, IV Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Robert F. Phillips Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Timothy C. Pillion Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Eugene B. Reed Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Paul V. Riordan Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Charles A. Robison Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
David W. Spears Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Brian L. Sullivan Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
Thomas E. Territ Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
<PAGE>
Richard B. Watts Vice President, --
Federated Investors Federated Securities
Tower Corp.
Pittsburgh, PA
15222-3779
R. Edmond Connell, Jr. Assistant Vice --
Federated Investors President, Federated
Tower Securities Corp.
Pittsburgh, PA
15222-3779
Philip C. Hetzel Assistant Vice --
Federated Investors President, Federated
Tower Securities Corp.
Pittsburgh, PA
15222-3779
H. Joseph Kennedy Assistant Vice --
Federated Investors President, Federated
Tower Securities Corp.
Pittsburgh, PA
15222-3779
Sharon M. Morgan Assistant Vice --
Federated Investors President, Federated
Tower Securities Corp.
Pittsburgh, PA
15222-3779
S. Elliott Cohan Secretary, Federated Assistant
Federated Investors Securities Corp. Secretary
Tower
Pittsburgh, PA
15222-3779
(c) Not applicable.
Item 30. Location of Accounts and Records:
Response is incorporated by reference to Registrant's
Pre-Effective Amendment No. 1 to Form N-1A filed
December 19, 1991. (File No. 33-43472)
Item 31. Management Services:
Not Applicable
Item 32. Undertakings:
Registrant hereby undertakes to comply with the
provisions of Section 16(c) of the 1940 Act with
respect to the removal of Directors and the calling of
special shareholder meetings by shareholders.
<PAGE>
Registrant hereby undertakes to file a post-effective
amendment on behalf of Strategic Income Fund, using
financial statements which need not be certified,
within four to six months from the effective date of
Post-Effective Amendment No. 9 to Registrant's 1933 Act
Registration Statement.
Registrant hereby undertakes to furnish each person to
whom a prospectus is delivered with a copy of the
Registrant's latest annual report to shareholders, upon
request and without charge.
SIGNATURES
Pursuant to the requirements of the Securities Act of
1933 and the Investment Company Act of 1940, the Registrant
certifies that it meets all of the requirements for
effectiveness of this Registration Statement pursuant to Rule
485(b) under the Securities Act of 1933 and has duly caused
this Amendment to the Registration Statement to be signed on
its behalf by the undersigned, thereunto duly authorized, in
the City of Pittsburgh and Commonwealth of Pennsylvania, on the
25th day of March, 1994.
FIXED INCOME SECURITIES, INC.
By: /s/ Charles H. Field
Charles H. Field
Attorney in Fact for
John F. Donahue, Chairman and Director
Pursuant to the requirements of the Securities Act of
1933, this Registration Statement has been signed by the
following persons in the capacities and on the date indicated:
NAME TITLE DATE
By: /s/ Charles H. Field
Charles H. Field Attorney In March 25, 1994
Fact
for the
Persons
Listed Below
NAME TITLE
John F. Donahue* Chairman and Director
(Chief Executive Officer)
<PAGE>
Richard B. Fisher* President and Director
Edward C. Gonzales* Vice President and
Treasurer (Principal
Financial and Accounting
Officer)
John T. Conroy, Jr.* Director
William J. Copeland* Director
James E. Dowd* Director
Lawrence D. Ellis, M.D.* Director
Edward L. Flaherty, Jr.* Director
Peter E. Madden* Director
Gregor F. Meyer* Director
Wesley W. Posvar* Director
Marjorie P. Smuts* Director
_________________________
* By Power of Attorney
EXHIBIT INDEX
Exhibit No. Description
(4) Copy of Specimen Certificate for Shares of Capital
Stock;
(vii) Strategic Income Fund - Form for all Classes of
Shares;
(6) (iii) Form of Exhibit F to Distributor's Contract;
(iv) Form of Exhibit G to Distributor's Contract;
(v) Form of Exhibit H to Distributor's Contract;
(vi) Form of Exhibit I to Distributor's Contract;
(vii) Form of Exhibit J to Distributor's Contract;
(15) (vii) Form of Exhibit F to Distribution Plan;
(viii) Form of Exhibit G to Distribution Plan;
(ix) Form of Exhibit H to Distribution Plan;
(x) Form of Exhibit I to Distribution Plan;
(xi) Form of Exhibit F to Shareholder Services Plan;
(xii) Form of Exhibit G to Shareholder Services Plan;
(xiii) Form of Exhibit H to Shareholder Services Plan;
(xiv) Form of Exhibit I to Shareholder Services Plan;
<PAGE>
(xv) Form of Exhibit J to Shareholder Services Plan;
<PAGE>
Exhibit 4(vii)
FIXED INCOME SECURITIES, INC.
STRATEGIC INCOME FUND
([CLASS NAME] SHARES)
Number Shares
______ P O R T F O L I O ______
INCORPORATED UNDER THE LAWS OF THE STATE OF MARYLAND
Account No. Alpha Code See Reverse Side For
Certain Definitions
THIS IS TO CERTIFY THAT is the owner of
CUSIP______________
Fully Paid and Non-Assessable [Class Name] Shares of
Common Stock of the STRATEGIC INCOME FUND
Portfolio of FIXED INCOME SECURITIES, INC., hereafter called
the "Company," transferable on the books of the Company by the
owner, in person or by duly authorized attorney, upon surrender
of this Certificate properly endorsed.
The shares represented hereby are issued and shall be
held subject to the provisions of the Articles of Incorporation
and By-Laws of the Company, and all amendments thereto, to all
of which the holder by acceptance hereof assents.
This Certificate is not valid unless countersigned by
the Transfer Agent.
IN WITNESS WHEREOF, the Company has caused this
Certificate to be signed in its name by its proper officers and
to be sealed with its Seal.
Dated: FIXED INCOME SECURITIES, INC.
Corporate Seal
1991
Maryland
/s/ Edward C. Gonzales /s/ John F. Donahue
Treasurer Chairman
Countersigned: Federated Services
Company
Transfer Agent
By:
Authorized Signature
<PAGE>
The following abbreviations, when used in the inscription on
the face of this Certificate, shall be construed as though they
were written out in full according to applicable laws or
regulations:
TEN COM - as tenants in common
TEN ENT - as tenants by the entirety
JT TEN - as joint tenants with right of survivorship and
not as tenants in common
UNIF GIFT MIN ACT - . . .Custodian. . . (Cust) (Minor) under
Uniform Gifts to Minors
Act..................
(State)
Additional abbreviations may also be used though not in
the above list.
For value received__________ hereby sell, assign, and
transfer unto
PLEASE INSERT SOCIAL SECURITY OR OTHER
IDENTIFYING NUMBER OF ASSIGNEE
______________________________________
___________________________________________________________
(Please print or typewrite name and address, including zip
code, of assignee)
____________________________________________________________
____________________________________________________________
____________________________________________________________
shares
of common interest represented by the within Certificate, and
do hereby irrevocably constitute and appoint
___________________
_________________________________________________ Attorney to
transfer the said shares on the books of the within named
Company with full power of substitution in the premises.
Dated____________________
NOTICE:____________________________
The signature to this assignment must correspond with the
name as written upon the face of the certificate in every
particular, without alteration or enlargement or any change
whatever.
<PAGE>
DOCUMENT DESCRIPTION - SPECIMEN STOCK CERTIFICATE
Page One
A. The Certificate is outlined by an colored one-half inch
border.
B. The number in the upper left-hand corner and the number of
shares in the upper right-hand corner are outlined by
octagonal boxes.
C. The cusip number in the middle right-hand area of the page
is boxed.
D. The Massachusetts corporate seal appears in the bottom
middle of the page.
Page Two
The social security number or other identifying number of the
assignee appears in a box in the top-third upper-left area of
the page.
<PAGE>
Exhibit 6(iii)
Exhibit F
to the
Distributor's Contract
FIXED INCOME SECURITIES, INC.
Limited Maturity Government Fund - Select Shares
The following provisions are hereby incorporated and made
part of the Distributor's Contract dated the 24th day of
December, 1991, between FIXED INCOME SECURITIES, INC. and
Federated Securities Corp. with respect to Classes of the Funds
set forth above.
1. The Corporation hereby appoints FSC to engage in
activities principally intended to result in the sale of shares
of the above-listed Classes ("Shares"). Pursuant to this
appointment, FSC is authorized to select a group of brokers
("Brokers") to sell Shares at the current offering price
thereof as described and set forth in the respective
prospectuses of the Corporation. In addition, FSC is
authorized to select a group of administrators to render
shareholder support services to the Corporation and its
shareholders.
2. During the term of this Agreement, the Corporation will
pay FSC for services pursuant to this Agreement, a monthly fee
computed at the annual rate of .75 of 1% of the average
aggregate net asset value of the Class C Shares of the
Strategic Income Fund held during the month. For the month in
which this Agreement becomes effective or terminates, there
shall be an appropriate proration of any fee payable on the
basis of the number of days that the Agreement is in effect
during the month.
3. FSC may from time-to-time and for such periods as it
deems appropriate reduce its compensation to the extent any
Classes' expenses exceed such lower expense limitation as FSC
may, by notice to the Corporation, voluntarily declare to be
effective.
4. FSC will enter into separate written agreements with
various firms to provide certain of the services set forth in
Paragraph 1 herein. FSC, in its sole discretion, may pay
Brokers a periodic fee in respect of Shares owned from time to
time by their clients or customers. The schedules of such fees
and the basis upon which such fees will be paid shall be
determined from time to time by FSC in its sole discretion.
5. FSC will prepare reports to the Board of Directors of
the Corporation on a quarterly basis showing amounts expended
<PAGE>
hereunder including amounts paid to Brokers and Administrators
and the purpose for such payments.
In consideration of the mutual covenants set forth in the
Distributor's Contract dated December 24, 1991 between FIXED
INCOME SECURITIES, INC. and Federated Securities Corp., FIXED
INCOME SECURITIES, INC. executes and delivers this Exhibit on
behalf of the Funds, and with respect to the separate Classes
of Shares thereof, first set forth in this Exhibit.
Witness the due execution hereof this 1st day of December,
1993.
ATTEST: FIXED INCOME SECURITIES, INC.
______________________ By:___________________________
Secretary President
(SEAL)
ATTEST: FEDERATED SECURITIES CORP.
______________________ By:___________________________
Secretary Executive Vice
President
(SEAL)
<PAGE>
Exhibit 6(iv)
Exhibit G
to the
Distributor's Contract
FIXED INCOME SECURITIES, INC.
Strategic Income Fund - Class A Shares
In consideration of the mutual covenants set forth in
the Distributor's Contract dated the 24th day of December,
1991, between FIXED INCOME SECURITIES, INC. and Federated
Securities Corp., FIXED INCOME SECURITIES, INC. executes and
delivers this Exhibit on behalf of the Funds, and with respect
to the separate Classes of Shares thereof, first set forth in
this Exhibit.
Witness the due execution hereof this 1st day of March,
1994.
ATTEST: FIXED INCOME SECURITIES, INC.
_________________________ By: ____________________________
Secretary President
(SEAL)
ATTEST: FEDERATED SECURITIES CORP.
_________________________ By: ____________________________
Secretary Executive Vice President
(SEAL)
<PAGE>
Exhibit 6(v)
Exhibit H
to the
Distributor's Contract
FIXED INCOME SECURITIES, INC.
Strategic Income Fund - Class C Shares
The following provisions are hereby incorporated and made
part of the Distributor's Contract dated the 24th day of
December, 1991, between FIXED INCOME SECURITIES, INC. and
Federated Securities Corp. with respect to Classes of the Funds
set forth above.
1. The Corporation hereby appoints FSC to engage in
activities principally intended to result in the sale of shares
of the above-listed Classes ("Shares"). Pursuant to this
appointment, FSC is authorized to select a group of brokers
("Brokers") to sell Shares at the current offering price
thereof as described and set forth in the respective
prospectuses of the Corporation. In addition, FSC is
authorized to select a group of administrators to render
shareholder support services to the Corporation and its
shareholders.
2. During the term of this Agreement, the Corporation will
pay FSC for services pursuant to this Agreement, a monthly fee
computed at the annual rate of .75 of 1% of the average
aggregate net asset value of the Class C Shares of the
Strategic Income Fund held during the month. For the month in
which this Agreement becomes effective or terminates, there
shall be an appropriate proration of any fee payable on the
basis of the number of days that the Agreement is in effect
during the month.
3. FSC may from time-to-time and for such periods as it
deems appropriate reduce its compensation to the extent any
Classes' expenses exceed such lower expense limitation as FSC
may, by notice to the Corporation, voluntarily declare to be
effective.
4. FSC will enter into separate written agreements with
various firms to provide certain of the services set forth in
Paragraph 1 herein. FSC, in its sole discretion, may pay
Brokers a periodic fee in respect of Shares owned from time to
time by their clients or customers. The schedules of such fees
and the basis upon which such fees will be paid shall be
determined from time to time by FSC in its sole discretion.
5. FSC will prepare reports to the Board of Directors of
the Corporation on a quarterly basis showing amounts expended
<PAGE>
hereunder including amounts paid to Brokers and Administrators
and the purpose for such payments.
In consideration of the mutual covenants set forth in the
Distributor's Contract dated December 24, 1991 between FIXED
INCOME SECURITIES, INC. and Federated Securities Corp., FIXED
INCOME SECURITIES, INC. executes and delivers this Exhibit on
behalf of the Funds, and with respect to the separate Classes
of Shares thereof, first set forth in this Exhibit.
Witness the due execution hereof this 1st day of March,
1994.
ATTEST: FIXED INCOME SECURITIES, INC.
______________________ By:___________________________
Secretary President
(SEAL)
ATTEST: FEDERATED SECURITIES CORP.
______________________ By:___________________________
Secretary Executive Vice
President
(SEAL)
<PAGE>
Exhibit 6(vi)
Exhibit I
to the
Distributor's Contract
FIXED INCOME SECURITIES, INC.
Strategic Income Fund - Fortress Shares
The following provisions are hereby incorporated and made
part of the Distributor's Contract dated the 24th day of
December, 1991, between FIXED INCOME SECURITIES, INC. and
Federated Securities Corp. with respect to Classes of the Funds
set forth above.
1. The Corporation hereby appoints FSC to engage in
activities principally intended to result in the sale of shares
of the above-listed Classes ("Shares"). Pursuant to this
appointment, FSC is authorized to select a group of brokers
("Brokers") to sell Shares at the current offering price
thereof as described and set forth in the respective
prospectuses of the Corporation. In addition, FSC is
authorized to select a group of administrators to render
shareholder support services to the Corporation and its
shareholders.
2. During the term of this Agreement, the Corporation will
pay FSC for services pursuant to this Agreement, a monthly fee
computed at the annual rate of .50 of 1% of the average
aggregate net asset value of the Class C Shares of the
Strategic Income Fund held during the month. For the month in
which this Agreement becomes effective or terminates, there
shall be an appropriate proration of any fee payable on the
basis of the number of days that the Agreement is in effect
during the month.
3. FSC may from time-to-time and for such periods as it
deems appropriate reduce its compensation to the extent any
Classes' expenses exceed such lower expense limitation as FSC
may, by notice to the Corporation, voluntarily declare to be
effective.
4. FSC will enter into separate written agreements with
various firms to provide certain of the services set forth in
Paragraph 1 herein. FSC, in its sole discretion, may pay
Brokers a periodic fee in respect of Shares owned from time to
time by their clients or customers. The schedules of such fees
and the basis upon which such fees will be paid shall be
determined from time to time by FSC in its sole discretion.
5. FSC will prepare reports to the Board of Directors of
the Corporation on a quarterly basis showing amounts expended
<PAGE>
hereunder including amounts paid to Brokers and Administrators
and the purpose for such payments.
In consideration of the mutual covenants set forth in the
Distributor's Contract dated December 24, 1991 between FIXED
INCOME SECURITIES, INC. and Federated Securities Corp., FIXED
INCOME SECURITIES, INC. executes and delivers this Exhibit on
behalf of the Funds, and with respect to the separate Classes
of Shares thereof, first set forth in this Exhibit.
Witness the due execution hereof this 1st day of March,
1994.
ATTEST: FIXED INCOME SECURITIES, INC.
______________________ By:___________________________
Secretary President
(SEAL)
ATTEST: FEDERATED SECURITIES CORP.
______________________ By:___________________________
Secretary Executive Vice
President
(SEAL)
<PAGE>
Exhibit 6(vii)
Exhibit J
to the
Distributor's Contract
FIXED INCOME SECURITIES, INC.
Strategic Income Fund - Select Shares
The following provisions are hereby incorporated and made
part of the Distributor's Contract dated the 24th day of
December, 1991, between FIXED INCOME SECURITIES, INC. and
Federated Securities Corp. with respect to Classes of the Funds
set forth above.
1. The Corporation hereby appoints FSC to engage in
activities principally intended to result in the sale of shares
of the above-listed Classes ("Shares"). Pursuant to this
appointment, FSC is authorized to select a group of brokers
("Brokers") to sell Shares at the current offering price
thereof as described and set forth in the respective
prospectuses of the Corporation. In addition, FSC is
authorized to select a group of administrators to render
shareholder support services to the Corporation and its
shareholders.
2. During the term of this Agreement, the Corporation will
pay FSC for services pursuant to this Agreement, a monthly fee
computed at the annual rate of .75 of 1% of the average
aggregate net asset value of the Class C Shares of the
Strategic Income Fund held during the month. For the month in
which this Agreement becomes effective or terminates, there
shall be an appropriate proration of any fee payable on the
basis of the number of days that the Agreement is in effect
during the month.
3. FSC may from time-to-time and for such periods as it
deems appropriate reduce its compensation to the extent any
Classes' expenses exceed such lower expense limitation as FSC
may, by notice to the Corporation, voluntarily declare to be
effective.
4. FSC will enter into separate written agreements with
various firms to provide certain of the services set forth in
Paragraph 1 herein. FSC, in its sole discretion, may pay
Brokers a periodic fee in respect of Shares owned from time to
time by their clients or customers. The schedules of such fees
and the basis upon which such fees will be paid shall be
determined from time to time by FSC in its sole discretion.
5. FSC will prepare reports to the Board of Directors of
the Corporation on a quarterly basis showing amounts expended
<PAGE>
hereunder including amounts paid to Brokers and Administrators
and the purpose for such payments.
In consideration of the mutual covenants set forth in the
Distributor's Contract dated December 24, 1991 between FIXED
INCOME SECURITIES, INC. and Federated Securities Corp., FIXED
INCOME SECURITIES, INC. executes and delivers this Exhibit on
behalf of the Funds, and with respect to the separate Classes
of Shares thereof, first set forth in this Exhibit.
Witness the due execution hereof this 1st day of March,
1994.
ATTEST: FIXED INCOME SECURITIES, INC.
______________________ By:___________________________
Secretary President
(SEAL)
ATTEST: FEDERATED SECURITIES CORP.
______________________ By:___________________________
Secretary Executive Vice
President
(SEAL)
<PAGE>
Exhibit 15(vii)
EXHIBIT F
to the 12b-1 Plan
Fixed Income Securities, Inc.
Limited Maturity Government Fund - Select Shares
This Plan is adopted by Fixed Income Securities, Inc.
with respect to the Class of Shares of the Portfolio of the
Corporation set forth above.
In compensation for the services provided pursuant to
this Plan, FSC will be paid a monthly fee computed at the
annual rate of .75 of 1% of the average aggregate net asset
value of the Select Shares of Limited Maturity Government Fund
held during the month.
Witness the due execution hereof this 1st day of
December, 1993.
FIXED INCOME SECURITIES, INC.
By: _____________________________
President
<PAGE>
Exhibit 15(viii)
EXHIBIT G
to the 12b-1 Plan
Fixed Income Securities, Inc.
Strategic Income Fund - Class C Shares
This Plan is adopted by Fixed Income Securities, Inc.
with respect to the Class of Shares of the Portfolio of the
Corporation set forth above.
In compensation for the services provided pursuant to
this Plan, FSC will be paid a monthly fee computed at the
annual rate of .75 of 1% of the average aggregate net asset
value of the Class C Shares of Strategic Income Fund held
during the month.
Witness the due execution hereof this 1st day of March,
1994.
FIXED INCOME SECURITIES, INC.
By: _____________________________
President
<PAGE>
Exhibit 15(ix)
EXHIBIT H
to the 12b-1 Plan
Fixed Income Securities, Inc.
Strategic Income Fund - Fortress Shares
This Plan is adopted by Fixed Income Securities, Inc.
with respect to the Class of Shares of the Portfolio of the
Corporation set forth above.
In compensation for the services provided pursuant to
this Plan, FSC will be paid a monthly fee computed at the
annual rate of .50 of 1% of the average aggregate net asset
value of the Fortress Shares of Strategic Income Fund held
during the month.
Witness the due execution hereof this 1st day of March,
1994.
FIXED INCOME SECURITIES, INC.
By: _____________________________
President
<PAGE>
Exhibit 15(x)
EXHIBIT I
to the 12b-1 Plan
Fixed Income Securities, Inc.
Strategic Income Fund - Select Shares
This Plan is adopted by Fixed Income Securities, Inc.
with respect to the Class of Shares of the Portfolio of the
Corporation set forth above.
In compensation for the services provided pursuant to
this Plan, FSC will be paid a monthly fee computed at the
annual rate of .75 of 1% of the average aggregate net asset
value of the Select Shares of Strategic Income Fund held during
the month.
Witness the due execution hereof this 1st day of March,
1994.
FIXED INCOME SECURITIES, INC.
By: _____________________________
President
<PAGE>
Exhibit 15(xi)
EXHIBIT F
to the
Shareholder Services Plan
Fixed Income Securities, Inc.
Limited Maturity Government Fund - Select Shares
This Plan is adopted by Fixed Income Securities, Inc.
with respect to the Class of Shares of the Portfolio of the
Corporation set forth above.
In compensation for the services provided pursuant to
this Plan, Providers will be paid a monthly fee computed at the
annual rate of .25 of 1% of the average aggregate net asset
value of the Select Shares of Limited Maturity Government Fund
held during the month.
Witness the due execution hereof this 1st day of
December, 1993.
FIXED INCOME SECURITIES, INC.
By: _____________________________
President
<PAGE>
Exhibit 15(xii)
EXHIBIT G
to the
Shareholder Services Plan
Fixed Income Securities, Inc.
Strategic Income Fund - Class C Shares
This Plan is adopted by Fixed Income Securities, Inc.
with respect to the Class of Shares of the Portfolio of the
Corporation set forth above.
In compensation for the services provided pursuant to
this Plan, Providers will be paid a monthly fee computed at the
annual rate of .25 of 1% of the average aggregate net asset
value of the Class C Shares of Strategic Income Fund held
during the month.
Witness the due execution hereof this 1st day of March,
1994.
FIXED INCOME SECURITIES, INC.
By: _____________________________
President
<PAGE>
Exhibit 15(xiii)
EXHIBIT H
to the
Shareholder Services Plan
Fixed Income Securities, Inc.
Strategic Income Fund - Fortress Shares
This Plan is adopted by Fixed Income Securities, Inc.
with respect to the Class of Shares of the Portfolio of the
Corporation set forth above.
In compensation for the services provided pursuant to
this Plan, Providers will be paid a monthly fee computed at the
annual rate of .25 of 1% of the average aggregate net asset
value of the Fortress Shares of Strategic Income Fund held
during the month.
Witness the due execution hereof this 1st day of March,
1994.
FIXED INCOME SECURITIES, INC.
By: _____________________________
President
<PAGE>
Exhibit 15(xiv)
EXHIBIT I
to the
Shareholder Services Plan
Fixed Income Securities, Inc.
Strategic Income Fund - Select Shares
This Plan is adopted by Fixed Income Securities, Inc.
with respect to the Class of Shares of the Portfolio of the
Corporation set forth above.
In compensation for the services provided pursuant to
this Plan, Providers will be paid a monthly fee computed at the
annual rate of .25 of 1% of the average aggregate net asset
value of the Select Shares of Strategic Income Fund held during
the month.
Witness the due execution hereof this 1st day of March,
1994.
FIXED INCOME SECURITIES, INC.
By: _____________________________
President
<PAGE>
Exhibit 15(xv)
EXHIBIT J
to the
Shareholder Services Plan
Fixed Income Securities, Inc.
Strategic Income Fund - Class A Shares
This Plan is adopted by Fixed Income Securities, Inc.
with respect to the Class of Shares of the Portfolio of the
Corporation set forth above.
In compensation for the services provided pursuant to
this Plan, Providers will be paid a monthly fee computed at the
annual rate of .25 of 1% of the average aggregate net asset
value of the Class A Shares of Strategic Income Fund held
during the month.
Witness the due execution hereof this 1st day of March,
1994.
FIXED INCOME SECURITIES, INC.
By: _____________________________
President
<PAGE>
