FIXED INCOME SECURITIES INC
NSAR-A, EX-27, 2000-07-28
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                        6
<CIK>                            0000879569
<NAME>                           Federated Fixed Income Securities, Inc.
<SERIES>
     <NUMBER>                    051
     <NAME>                      Federated Strategic Income Fund Class A

<S>                              <C>
<PERIOD-TYPE>                    6- MOS
<FISCAL-YEAR-END>                11/30/00
<PERIOD-END>                     5/31/00
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<INVESTMENTS-AT-VALUE>           860,212,897
<RECEIVABLES>                    22,853,171
<ASSETS-OTHER>                   0
<OTHER-ITEMS-ASSETS>             161,244
<TOTAL-ASSETS>                   883,227,312
<PAYABLE-FOR-SECURITIES>         10,127,666
<SENIOR-LONG-TERM-DEBT>          0
<OTHER-ITEMS-LIABILITIES>        4,424,298
<TOTAL-LIABILITIES>              14,551,964
<SENIOR-EQUITY>                  0
<PAID-IN-CAPITAL-COMMON>         1,025,704,179
<SHARES-COMMON-STOCK>            15,753,492
<SHARES-COMMON-PRIOR>            16,146,320
<ACCUMULATED-NII-CURRENT>        0
<OVERDISTRIBUTION-NII>           (3,084,184)
<ACCUMULATED-NET-GAINS>          (33,605,026)
<OVERDISTRIBUTION-GAINS>         0
<ACCUM-APPREC-OR-DEPREC>         (120,339,621)
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<DIVIDEND-INCOME>                21,513,322
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<OTHER-INCOME>                   0
<EXPENSES-NET>                   (8,358,652)
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<REALIZED-GAINS-CURRENT>         (16,720,951)
<APPREC-INCREASE-CURRENT>        (39,595,415)
<NET-CHANGE-FROM-OPS>            (16,394,890)
<EQUALIZATION>                   0
<DISTRIBUTIONS-OF-INCOME>        (6,444,821)
<DISTRIBUTIONS-OF-GAINS>         0
<DISTRIBUTIONS-OTHER>            0
<NUMBER-OF-SHARES-SOLD>          3,042,478
<NUMBER-OF-SHARES-REDEEMED>      (3,872,701)
<SHARES-REINVESTED>              437,395
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<ACCUMULATED-NII-PRIOR>          0
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<OVERDISTRIB-NII-PRIOR>          (3,874,914)
<OVERDIST-NET-GAINS-PRIOR>       0
<GROSS-ADVISORY-FEES>            3,986,936
<INTEREST-EXPENSE>               0
<GROSS-EXPENSE>                  9,331,266
<AVERAGE-NET-ASSETS>             144,247,924
<PER-SHARE-NAV-BEGIN>            9.19
<PER-SHARE-NII>                  0.42
<PER-SHARE-GAIN-APPREC>          (0.55)
<PER-SHARE-DIVIDEND>             (0.41)
<PER-SHARE-DISTRIBUTIONS>        0.00
<RETURNS-OF-CAPITAL>             0
<PER-SHARE-NAV-END>              8.65
<EXPENSE-RATIO>                  1.18
[AVG-DEBT-OUTSTANDING]           0
[AVG-DEBT-PER-SHARE]             0
                                 0


</TABLE>


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