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>                     06
     <NAME>                       FEDERATED INTERNATIONAL EQUITY FUND II

<S>                               <C>
<PERIOD-TYPE>                     6-MOS
<FISCAL-YEAR-END>                 Dec-31-2000
<PERIOD-END>                      Jun-30-2000
<INVESTMENTS-AT-COST>             100,793,536
<INVESTMENTS-AT-VALUE>            117,887,014
<RECEIVABLES>                     3,331,716
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              81,928
<TOTAL-ASSETS>                    121,300,658
<PAYABLE-FOR-SECURITIES>          7,092,056
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         95,931
<TOTAL-LIABILITIES>               7,187,987
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          83,005,387
<SHARES-COMMON-STOCK>             5,084,863
<SHARES-COMMON-PRIOR>             3,802,920
<ACCUMULATED-NII-CURRENT>         (43,988)
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           14,054,005
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          17,097,267
<NET-ASSETS>                      114,112,671
<DIVIDEND-INCOME>                 400,750
<INTEREST-INCOME>                 480,492
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (720,301)
<NET-INVESTMENT-INCOME>           160,941
<REALIZED-GAINS-CURRENT>          14,184,406
<APPREC-INCREASE-CURRENT>         (22,349,498)
<NET-CHANGE-FROM-OPS>             (8,004,151)
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         0
<DISTRIBUTIONS-OF-GAINS>          (17,739,949)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           1,610,611
<NUMBER-OF-SHARES-REDEEMED>       (979,914)
<SHARES-REINVESTED>               651,246
<NET-CHANGE-IN-ASSETS>            9,012,369
<ACCUMULATED-NII-PRIOR>           (204,929)
<ACCUMULATED-GAINS-PRIOR>         17,609,548
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             574,438
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   746,893
<AVERAGE-NET-ASSETS>              115,525,446
<PER-SHARE-NAV-BEGIN>             27.640
<PER-SHARE-NII>                   0.050
<PER-SHARE-GAIN-APPREC>           (0.980)
<PER-SHARE-DIVIDEND>              0.000
<PER-SHARE-DISTRIBUTIONS>         (4.270)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               22.440
<EXPENSE-RATIO>                   1.25
[AVG-DEBT-OUTSTANDING]            0
[AVG-DEBT-PER-SHARE]              0.000



</TABLE>


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