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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
063 A000700 0
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064 A000700 N
064 B000700 N
070 A010700 Y
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070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 N
070 E020700 N
070 F010700 N
070 F020700 N
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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SIGNATURE S. ELLIOTT COHEN
TITLE ASST. GEN. COUNSEL
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Federated Total Return Bond Fund
Institutional Service Shares
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FEDERATED LIMITED DURATION FUND
INSTITUTIONAL SHARES
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FEDERATED LIMITED DURATION FUND
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<NAME> Federated Total Return Series, Inc.
Federated Limited Duration Government Fund
Institutional Shares
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<NAME> Federated Total Return Series, Inc.
Federated Limited Duration Government Fund
Institutional Service Shares
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<NAME> Federated Total Return Series, Inc.
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<NAME> Federated Total Return Series, Inc.
Federated Government Fund
Institutional Service Shares
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</TABLE>
