FEDERATED INSURANCE SERIES
NSAR-A, EX-27, 2000-08-28
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000912577
<NAME>                            Federated Insurance Series
<SERIES>
     <NUMBER>                     03
     <NAME>                       Federated Fund for U.S. Government Securities II

<S>                               <C>
<PERIOD-TYPE>                     6-Mos
<FISCAL-YEAR-END>                 Dec-31-2000
<PERIOD-END>                      June-30-2000
<INVESTMENTS-AT-COST>             141,421,837
<INVESTMENTS-AT-VALUE>            138,607,518
<RECEIVABLES>                     1,287,423
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              158
<TOTAL-ASSETS>                    139,895,099
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         6,343,289
<TOTAL-LIABILITIES>               6,343,289
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          133,551,810
<SHARES-COMMON-STOCK>             12,867,315
<SHARES-COMMON-PRIOR>             12,665,462
<ACCUMULATED-NII-CURRENT>         3,998,048
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           (2,008,736)
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          (2,814,319)
<NET-ASSETS>                      133,551,810
<DIVIDEND-INCOME>                 0
<INTEREST-INCOME>                 4,510,710
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (523,013)
<NET-INVESTMENT-INCOME>           3,987,697
<REALIZED-GAINS-CURRENT>          (1,652,771)
<APPREC-INCREASE-CURRENT>         2,395,995
<NET-CHANGE-FROM-OPS>             4,730,921
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (6,771,294)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           2,906,583
<NUMBER-OF-SHARES-REDEEMED>       (3,370,540)
<SHARES-REINVESTED>               665,810
<NET-CHANGE-IN-ASSETS>            (185,840)
<ACCUMULATED-NII-PRIOR>           6,781,645
<ACCUMULATED-GAINS-PRIOR>         (355,965)
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             391,626
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   523,013
<AVERAGE-NET-ASSETS>              131,259,124
<PER-SHARE-NAV-BEGIN>             10.560
<PER-SHARE-NII>                   0.340
<PER-SHARE-GAIN-APPREC>           0.040
<PER-SHARE-DIVIDEND>              (0.560)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               10.380
<EXPENSE-RATIO>                   0.80
[AVG-DEBT-OUTSTANDING]            0
[AVG-DEBT-PER-SHARE]              0.000



</TABLE>


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