SECURITY INCOME FUND /KS/
NSAR-B, 1996-02-29
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<PAGE>      PAGE  1
000 B000000 12/31/95
000 C000000 0000088498
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 SECURITY INCOME FUND
001 B000000 811-2120
001 C000000 9132953227
002 A000000 700 HARRISON
002 B000000 TOPEKA
002 C000000 KS
002 D010000 66636
002 D020000 0001
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  4
007 C010100  1
007 C020100 CORPORATE BOND
007 C030100 N
007 C010200  2
007 C020200 U.S. GOVERNMENT
007 C030200 N
007 C010300  3
007 C020300 LIMITED MATURITY BOND
007 C030300 N
007 C010400  4
007 C020400 GLOBAL AGGRESSIVE BOND
007 C030400 N
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
010 A00AA01 SECURITY MANAGEMENT COMPANY
010 B00AA01 84-01497
010 C01AA01 TOPEKA
010 C02AA01 KS
010 C03AA01 66636
010 C04AA01 0001
011 A00AA01 SECURITY DISTRIBUTORS, INC.
011 B00AA01 8-10781
011 C01AA01 TOPEKA
011 C02AA01 KS
<PAGE>      PAGE  2
011 C03AA01 77747
011 C04AA01 0001
012 A00AA01 SECURITY MANAGEMENT COMPANY
012 B00AA01 84-01497
012 C01AA01 TOPEKA
012 C02AA01 KS
012 C03AA01 66636
012 C04AA01 0001
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 KANSAS CITY
013 B02AA01 MO
013 B03AA01 64105
013 B04AA01 2100
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   22
019 C00AA00 SECURITYFU
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022 A000001 DONALDSON LUFKIN & JENERETTE SECURITIES
022 B000001 13-2741729
022 C000001     54561
022 D000001     74624
022 A000002 ABN AMRO SECURITIES (USA, INC.
022 B000002 13-3227945
022 C000002     53298
022 D000002     43639
022 A000003 HOWE BARNES & JOHNSON, INC.
022 B000003 36-2643382
022 C000003     36794
022 D000003     26488
022 A000004 DAIN BOSWORTH, INC.
022 B000004 41-0212020
022 C000004     15616
022 D000004     30315
022 A000005 MERRILL LYNCH
022 B000005 13-5674085
022 C000005     23514
022 D000005      7127
022 A000006 LEHMAN BROTHERS DISTRIBUTION
022 B000006 13-2518466
<PAGE>      PAGE  3
022 C000006      9181
022 D000006      8616
022 A000007 BAUM (GEORGE K.) & COMPANY
022 B000007 44-0522232
022 C000007      4518
022 D000007      4008
022 A000008 CHASE MANHATTAN BANK N.A. (THE)
022 B000008 13-2633612
022 C000008      1951
022 D000008      1494
022 A000009 ING SECURITIES
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022 D000009       670
022 A000010 EDWARDS (A.G.) & SONS, INC.
022 B000010 43-0895447
022 C000010       514
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<PAGE>      PAGE  4
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008 A000101 SECURITY MANAGEMENT COMPANY
008 B000101 A
008 C000101 801-8008
008 D010101 TOPEKA
008 D020101 KS
008 D030101 66636
008 D040101 0001
015 A000101 UMB BANK, N.A.
015 B000101 C
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015 C020101 MO
015 C030101 64106
015 E010101 X
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
062 L000100   2.0
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063 A000100   0
063 B000100 11.6
064 A000100 N
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070 A010100 Y
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070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 Y
070 L020100 N
070 M010100 Y
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 Y
070 O020100 Y
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
<PAGE>      PAGE  8
071 A000100    183877
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<PAGE>      PAGE  9
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074 Y000100        0
075 A000100        0
075 B000100    97440
076  000100     0.00
008 A000201 SECURITY MANAGEMENT COMPANY
008 B000201 A
008 C000201 801-8008
008 D010201 TOPEKA
008 D020201 KS
008 D030201 66636
008 D040201 0001
015 A000201 UMB BANK, N.A.
015 B000201 C
015 C010201 KANSAS CITY
015 C020201 MO
015 C030201 64106
015 E010201 X
028 A010200       508
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<PAGE>      PAGE  10
028 D040200        91
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038  000200      0
039  000200 N
040  000200 Y
041  000200 Y
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042 D000200 100
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<PAGE>      PAGE  11
048 D010200        0
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048 I020200 0.000
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048 K010200        0
048 K020200 0.000
049  000200 N
050  000200 N
051  000200 N
052  000200 N
053 A000200 Y
053 B000200 Y
053 C000200 N
055 A000200 N
055 B000200 N
056  000200 Y
057  000200 N
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<PAGE>      PAGE  12
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 Y
070 L020200 N
070 M010200 Y
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 Y
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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008 A000301 SECURITY MANAGEMENT COMPANY
008 B000301 A
008 C000301 801-8008
008 D010301 TOPEKA
008 D020301 KS
008 D030301 66636
008 D040301 0001
015 A000301 UMB BANK, N.A.
015 B000301 C
015 C010301 KANSAS CITY
015 C020301 MO
015 C030301 64106
015 E010301 X
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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067  000300 N
068 A000300 N
068 B000300 N
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070 A020300 N
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070 B020300 N
070 C010300 N
070 C020300 N
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070 D020300 N
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<PAGE>      PAGE  17
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
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070 H020300 N
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070 I020300 N
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<PAGE>      PAGE  18
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008 A000401 SECURITY MANAGEMENT COMPANY
<PAGE>      PAGE  19
008 B000401 A
008 C000401 801-8008
008 D010401 TOPEKA
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008 D030401 66636
008 D040401 0001
008 A000402 LEXINGTON MANAGEMENT CORPORATION
008 B000402 S
008 C000402 801-8281
008 D010402 SADDLE BROOK
008 D020402 NJ
008 D030402 07662
015 A000401 CHASE MANHATTAN BANK
015 B000401 C
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015 C020401 NY
015 C030401 10036
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028 B020400         0
028 B030400         0
028 B040400         0
028 C010400         0
028 C020400       119
028 C030400         0
028 C040400         1
028 D010400         1
028 D020400         0
028 D030400         0
028 D040400         0
028 E010400         7
028 E020400         0
028 E030400         0
028 E040400         0
028 F010400      1669
028 F020400        97
028 F030400         0
028 F040400      1330
028 G010400      1707
028 G020400       216
028 G030400         0
028 G040400      1331
028 H000400      1630
029  000400 Y
030 A000400      2
030 B000400  4.75
030 C000400  0.00
<PAGE>      PAGE  20
031 A000400      0
031 B000400      0
032  000400      2
033  000400      0
034  000400 Y
035  000400      0
036 A000400 N
036 B000400      0
037  000400 N
038  000400      0
039  000400 N
040  000400 Y
041  000400 Y
042 A000400   0
042 B000400   0
042 C000400   0
042 D000400 100
042 E000400   0
042 F000400   0
042 G000400   0
042 H000400   0
043  000400     11
044  000400      0
045  000400 Y
046  000400 N
047  000400 Y
048  000400  0.750
048 A010400        0
048 A020400 0.000
048 B010400        0
048 B020400 0.000
048 C010400        0
048 C020400 0.000
048 D010400        0
048 D020400 0.000
048 E010400        0
048 E020400 0.000
048 F010400        0
048 F020400 0.000
048 G010400        0
048 G020400 0.000
048 H010400        0
048 H020400 0.000
048 I010400        0
048 I020400 0.000
048 J010400        0
048 J020400 0.000
048 K010400        0
048 K020400 0.000
049  000400 N
050  000400 N
<PAGE>      PAGE  21
051  000400 N
052  000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
055 A000400 N
055 B000400 N
056  000400 Y
057  000400 N
062 A000400 Y
062 B000400   2.3
062 C000400   0.0
062 D000400   0.0
062 E000400   0.0
062 F000400   0.0
062 G000400   0.0
062 H000400   0.0
062 I000400   0.0
062 J000400   0.0
062 K000400   0.0
062 L000400  23.7
062 M000400   0.0
062 N000400   0.0
062 O000400   0.0
062 P000400  18.2
062 Q000400  55.8
062 R000400   0.0
063 A000400   0
063 B000400 13.2
064 A000400 Y
064 B000400 N
066 A000400 N
067  000400 N
068 A000400 N
068 B000400 Y
069  000400 N
070 A010400 Y
070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 N
<PAGE>      PAGE  22
070 H020400 N
070 I010400 Y
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 Y
070 N010400 N
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 Y
070 Q020400 N
070 R010400 Y
070 R020400 N
071 A000400      5494
071 B000400      2336
071 C000400      3176
071 D000400  127
072 A000400  7
072 B000400      294
072 C000400        0
072 D000400        0
072 E000400        0
072 F000400       17
072 G000400       18
072 H000400        0
072 I000400        0
072 J000400        4
072 K000400        0
072 L000400        0
072 M000400        0
072 N000400       22
072 O000400        0
072 P000400        0
072 Q000400        0
072 R000400        2
072 S000400        0
072 T000400       11
072 U000400        0
072 V000400        0
072 W000400        1
072 X000400       75
072 Y000400       24
072 Z000400      243
<PAGE>      PAGE  23
072AA000400        0
072BB000400       36
072CC010400       69
072CC020400        0
072DD010400      146
072DD020400       63
072EE000400        8
073 A010400   0.5500
073 A020400   0.4900
073 B000400   0.0200
073 C000400   0.0000
074 A000400       87
074 B000400        0
074 C000400      907
074 D000400     3265
074 E000400        0
074 F000400        0
074 G000400        0
074 H000400        0
074 I000400        0
074 J000400     1262
074 K000400        0
074 L000400       99
074 M000400        0
074 N000400     5620
074 O000400     1202
074 P000400        0
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400       10
074 S000400        0
074 T000400     4408
074 U010400      292
074 U020400      142
074 V010400    10.15
074 V020400    10.17
074 W000400   0.0000
074 X000400        0
074 Y000400        0
075 A000400        0
075 B000400     3849
076  000400     0.00
072 Y000500        0
072 Z000500        0
072AA000500        0
072BB000500        0
072CC010500        0
072CC020500        0
072DD010500        0
<PAGE>      PAGE  24
072DD020500        0
072EE000500        0
073 A010500   0.0000
073 A020500   0.0000
073 B000500   0.0000
073 C000500   0.0000
075 A000500        0
075 B000500        0
076  000500     0.00
SIGNATURE   JAMES R. SCHMANK                             
TITLE       V.P. AND TREASURER  
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000088498
<NAME> SECURITY INCOME FUND
<SERIES>
   <NUMBER> 1
   <NAME> CORPORATE BOND, CLASS A
<MULTIPLIER> 1000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
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<INVESTMENTS-AT-COST>                            92095
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<RECEIVABLES>                                     1750
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<NUMBER-OF-SHARES-SOLD>                           1056
<NUMBER-OF-SHARES-REDEEMED>                       2614
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<EXPENSE-RATIO>                                   1.02
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000088498
<NAME> SECURITY INCOME FUND
<SERIES>
   <NUMBER> 2
   <NAME> CORPORATE BOND, CLASS B
<MULTIPLIER> 1000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                            92095
<INVESTMENTS-AT-VALUE>                           97415
<RECEIVABLES>                                     1750
<ASSETS-OTHER>                                     447
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   99612
<PAYABLE-FOR-SECURITIES>                             0
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        105114
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<SHARES-COMMON-PRIOR>                              578
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<ACCUMULATED-NET-GAINS>                        (11010)
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<NET-ASSETS>                                     99444
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<EQUALIZATION>                                       0
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<INTEREST-EXPENSE>                                   0
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<PER-SHARE-NII>                                    .40
<PER-SHARE-GAIN-APPREC>                           .725
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<EXPENSE-RATIO>                                   1.85
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000088498
<NAME> SECURITY INCOME FUND
<SERIES>
   <NUMBER> 3
   <NAME> US GOVERNMENT, CLASS A
<MULTIPLIER> 1000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                             9529
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<ASSETS-OTHER>                                      91
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   10677
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         10924
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<SHARES-COMMON-PRIOR>                             1911
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<ACCUMULATED-NET-GAINS>                         (1162)
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<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            508
<NUMBER-OF-SHARES-REDEEMED>                        486
<SHARES-REINVESTED>                                 93
<NET-CHANGE-IN-ASSETS>                            1771
<ACCUMULATED-NII-PRIOR>                              4
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               45
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    120
<AVERAGE-NET-ASSETS>                              9019
<PER-SHARE-NAV-BEGIN>                             4.35
<PER-SHARE-NII>                                    .30
<PER-SHARE-GAIN-APPREC>                           .620
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<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               4.97
<EXPENSE-RATIO>                                   1.11
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000088498
<NAME> SECURITY INCOME FUND
<SERIES>
   <NUMBER> 4
   <NAME> U.S. GOVERNMENT SERIES, CLASS B
<MULTIPLIER> 1000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-01-1995
<PERIOD-END>                               DEC-31-1995
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                             9529
<INVESTMENTS-AT-VALUE>                           10426
<RECEIVABLES>                                      160
<ASSETS-OTHER>                                      91
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   10677
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           15
<TOTAL-LIABILITIES>                                 15
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         10924
<SHARES-COMMON-STOCK>                              117
<SHARES-COMMON-PRIOR>                               74
<ACCUMULATED-NII-CURRENT>                            3
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (1162)
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<ACCUM-APPREC-OR-DEPREC>                           897
<NET-ASSETS>                                     10662
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  677
<OTHER-INCOME>                                       0
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<NET-CHANGE-FROM-OPS>                             1808
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           24
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             51
<NUMBER-OF-SHARES-REDEEMED>                         12
<SHARES-REINVESTED>                                  4
<NET-CHANGE-IN-ASSETS>                             261
<ACCUMULATED-NII-PRIOR>                              4
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               45
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    120
<AVERAGE-NET-ASSETS>                              9019
<PER-SHARE-NAV-BEGIN>                             4.35
<PER-SHARE-NII>                                    .26
<PER-SHARE-GAIN-APPREC>                           .625
<PER-SHARE-DIVIDEND>                              .265
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               4.97
<EXPENSE-RATIO>                                   1.87
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000088498
<NAME> SECURITY INCOME FUND
<SERIES>
   <NUMBER> 5
   <NAME> LIMITED MATURITY BOND, CLASS A
<MULTIPLIER> 1000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-17-1995
<PERIOD-END>                               DEC-31-1995
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                             3547
<INVESTMENTS-AT-VALUE>                            3797
<RECEIVABLES>                                       87
<ASSETS-OTHER>                                     194
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    4078
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            4
<TOTAL-LIABILITIES>                                  4
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          3846
<SHARES-COMMON-STOCK>                              312
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            1
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           (23)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           250
<NET-ASSETS>                                      4074
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  247
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                      35
<NET-INVESTMENT-INCOME>                            212
<REALIZED-GAINS-CURRENT>                          (23)
<APPREC-INCREASE-CURRENT>                          250
<NET-CHANGE-FROM-OPS>                              439
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          177
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            307
<NUMBER-OF-SHARES-REDEEMED>                         12
<SHARES-REINVESTED>                                 17
<NET-CHANGE-IN-ASSETS>                            3322
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               18
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     45
<AVERAGE-NET-ASSETS>                              3644
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                    .62
<PER-SHARE-GAIN-APPREC>                           .652
<PER-SHARE-DIVIDEND>                              .612
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.66
<EXPENSE-RATIO>                                    .84
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000088498
<NAME> SECURITY INCOME FUND
<SERIES>
   <NUMBER> 6
   <NAME> LIMITED MATURITY BOND, CLASS B
<MULTIPLIER> 1000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   OTHER
<FISCAL-YEAR-END>                          DEC-31-1995
<PERIOD-START>                             JAN-17-1995
<PERIOD-END>                               DEC-31-1995
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                             3547
<INVESTMENTS-AT-VALUE>                            3797
<RECEIVABLES>                                       87
<ASSETS-OTHER>                                     197
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    4078
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            4
<TOTAL-LIABILITIES>                                  4
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          3846
<SHARES-COMMON-STOCK>                               70
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            1
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           (23)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           250
<NET-ASSETS>                                      4074
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  247
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                      35
<NET-INVESTMENT-INCOME>                            212
<REALIZED-GAINS-CURRENT>                          (23)
<APPREC-INCREASE-CURRENT>                          250
<NET-CHANGE-FROM-OPS>                              439
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           24
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             68
<NUMBER-OF-SHARES-REDEEMED>                          1
<SHARES-REINVESTED>                                  3
<NET-CHANGE-IN-ASSETS>                             752
<ACCUMULATED-NII-PRIOR>                              0
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000088498
<NAME> SECURITY INCOME FUND
<SERIES>
   <NUMBER> 7
   <NAME> GLOBAL AGGRESSIVE BOND, CLASS A
<MULTIPLIER> 1000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000088498
<NAME> SECURITY INCOME FUND
<SERIES>
   <NUMBER> 8
   <NAME> GLOBAL AGGRESSIVE BOND, CLASS B
<MULTIPLIER> 1000
<CURRENCY> U.S. DOLLARS
       
<S>                             <C>
<PERIOD-TYPE>                   7-MOS
<FISCAL-YEAR-END>                          DEC-31-1995
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<PERIOD-END>                               DEC-31-1995
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<PAID-IN-CAPITAL-COMMON>                          4349
<SHARES-COMMON-STOCK>                              142
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                          (8)
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<EXPENSES-NET>                                      51
<NET-INVESTMENT-INCOME>                            243
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<PER-SHARE-NII>                                    .56
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</TABLE>


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