CAPSTONE FIXED INCOME SERIES INC
NSAR-A, EX-27, 2000-07-26
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<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 1
   <NAME> CAPSTONE GOV'T INCOME

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          NOV-30-2000
<PERIOD-END>                               MAY-31-2000
<INVESTMENTS-AT-COST>                          5770380
<INVESTMENTS-AT-VALUE>                         5761719
<RECEIVABLES>                                    51512
<ASSETS-OTHER>                                    4185
<OTHER-ITEMS-ASSETS>                             97291
<TOTAL-ASSETS>                                 5914707
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        47011
<TOTAL-LIABILITIES>                              47011
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                      12321959
<SHARES-COMMON-STOCK>                           235990
<SHARES-COMMON-PRIOR>                           437389
<ACCUMULATED-NII-CURRENT>                       333048
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (6778650)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        (8661)
<NET-ASSETS>                                   5867696
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                               185673
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   72845
<NET-INVESTMENT-INCOME>                         112828
<REALIZED-GAINS-CURRENT>                       (32694)
<APPREC-INCREASE-CURRENT>                        11190
<NET-CHANGE-FROM-OPS>                            91324
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       104733
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         102657
<NUMBER-OF-SHARES-REDEEMED>                     308150
<SHARES-REINVESTED>                               4094
<NET-CHANGE-IN-ASSETS>                       (5130902)
<ACCUMULATED-NII-PRIOR>                         324953
<ACCUMULATED-GAINS-PRIOR>                    (6745956)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            13039
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  73879
<AVERAGE-NET-ASSETS>                           6611269
<PER-SHARE-NAV-BEGIN>                            25.15
<PER-SHARE-NII>                                    .42
<PER-SHARE-GAIN-APPREC>                          (.09)
<PER-SHARE-DIVIDEND>                               .62
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              24.86
<EXPENSE-RATIO>                                   2.20


</TABLE>


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