<PAGE> PAGE 1
000 A000000 08/31/1999
000 C000000 0000946868
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 I000000 6.1
000 J000000 A
001 A000000 FEDERATED U.S.GOV'T SECURITIES FUND: 5-10 YRS
001 B000000 811-07309
001 C000000 4122888239
002 A000000 FEDERATED INVESTORS TOWER
002 B000000 PITTSBURGH
002 C000000 PA
002 D010000 15222
002 D020000 3779
003 000000 N
004 000000 N
005 000000 N
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008 A000001 FEDERATED INVESTMENT MANAGEMENT COMPANY
008 B000001 A
008 C000001 801-34610
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008 D020001 PA
008 D030001 15222
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010 C010001 PITTSBURGH
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010 C030001 15222
010 C040001 3779
011 A000001 FEDERATED SECURITIES CORP.
011 B000001 8-15561
011 C010001 PITTSBURGH
011 C020001 PA
011 C030001 15222
011 C040001 3779
<PAGE> PAGE 2
012 A000001 FEDERATED SHAREHOLDER SERVICES COMPANY
012 B000001 84-1869
012 C010001 BOSTON
012 C020001 MA
012 C030001 02266
012 C040001 8600
013 A000001 ERNST & YOUNG LLP
013 B010001 BOSTON
013 B020001 MA
013 B030001 02116
013 B040001 5072
015 A000001 STATE STREET BANK AND TRUST COMPANY
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02266
015 C040001 8600
015 E010001 X
015 A000002 PNC BANK, NA
015 B000002 S
015 C010002 PITTSBURGH
015 C020002 PA
015 C030002 15265
015 E010002 X
015 A000003 NATIONSBANK OF NORTH CAROLINA
015 B000003 S
015 C010003 CHARLOTTE
015 C020003 NC
015 C030003 28255
015 E010003 X
015 A000004 BANK OF NEW YORK
015 B000004 S
015 C010004 NEW YORK
015 C020004 NY
015 C030004 10006
015 E010004 X
015 A000005 THE CHASE MANHATTAN CORPORATION
015 B000005 S
015 C010005 NEW YORK
015 C020005 NY
015 C030005 10006
015 E010005 X
015 A000006 BANKERS TRUST CO.
015 B000006 S
015 C010006 NEW YORK
015 C020006 NY
015 C030006 10015
015 E010006 X
015 A000007 MORGAN GUARANTY BANK & TRUST CO.
015 B000007 S
015 C010007 NEW YORK
<PAGE> PAGE 3
015 C020007 NY
015 C030007 10015
015 E010007 X
018 000000 Y
019 A000000 N
019 B000000 0
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 SOCIETE GENERALE
022 B000001 13-5659485
022 C000001 162720
022 D000001 0
022 A000002 MORGAN STANLEY AND CO
022 C000002 9352
022 D000002 15227
022 A000003 GOLDMAN SACHS AND CO.
022 B000003 13-5108880
022 C000003 3408
022 D000003 8948
022 A000004 BARCLAYS DEZOETE
022 C000004 5494
022 D000004 5822
022 A000005 HSBC SECURITIES
022 B000005 13-5108880
022 C000005 5010
022 D000005 4497
022 A000006 LEHMAN BROS
022 B000006 13-2741729
022 C000006 0
022 D000006 3589
022 A000007 DLG CAPITAL
022 B000007 13-2741729
022 C000007 2823
022 D000007 487
022 A000008 SOLOMON SMITH BARNEY INC
022 C000008 2459
022 D000008 0
022 A000009 BEAR STEARNS SECURITIES
022 B000009 13-4942190
022 C000009 2033
022 D000009 0
022 A000010 MERRIL LYNCH
<PAGE> PAGE 4
022 B000010 13-2741729
022 C000010 1057
022 D000010 0
023 C000000 194356
023 D000000 38570
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
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025 D000005 0
025 D000006 0
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026 A000000 N
026 B000000 Y
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026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
028 A010000 7103
028 A020000 0
028 A030000 0
028 A040000 6331
028 B010000 3517
028 B020000 300
028 B030000 0
028 B040000 8852
028 C010000 2779
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028 C040000 5416
028 D010000 4156
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028 E010000 6358
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<PAGE> PAGE 5
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<PAGE> PAGE 6
048 J020000 0.000
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<PAGE> PAGE 7
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070 E010000 N
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070 F010000 N
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070 K010000 N
070 K020000 N
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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078 000000 N
SIGNATURE STEVE KEANE
TITLE ASST.GENERAL COUNCIL
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000946868
<NAME> FEDERATED U.S. GOV'T SECURITIES FUND: 5-10 YRS
<SERIES>
<NUMBER> 001
<NAME> FEDERATED U.S. GOV'T SECURITIES FUND: 5-10 YRS - Class IS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> APR-30-2000
<PERIOD-END> AUG-31-1999
<INVESTMENTS-AT-COST> 107,023,799
<INVESTMENTS-AT-VALUE> 103,348,834
<RECEIVABLES> 1,303,644
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 15,690
<TOTAL-ASSETS> 104,668,168
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 475,204
<TOTAL-LIABILITIES> 475,204
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 108,774,383
<SHARES-COMMON-STOCK> 7,501,694
<SHARES-COMMON-PRIOR> 8,355,157
<ACCUMULATED-NII-CURRENT> (3,320)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (903,134)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,674,965)
<NET-ASSETS> 73,649,956
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,025,952
<OTHER-INCOME> 0
<EXPENSES-NET> (207,862)
<NET-INVESTMENT-INCOME> 2,818,090
<REALIZED-GAINS-CURRENT> (1,018,947)
<APPREC-INCREASE-CURRENT> (3,393,322)
<NET-CHANGE-FROM-OPS> (1,594,179)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2,100,479)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,628,837
<NUMBER-OF-SHARES-REDEEMED> (2,595,037)
<SHARES-REINVESTED> 112,737
<NET-CHANGE-IN-ASSETS> (4,101,605)
<ACCUMULATED-NII-PRIOR> (3,308)
<ACCUMULATED-GAINS-PRIOR> 115,813
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 270,690
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 645,569
<AVERAGE-NET-ASSETS> 79,133,178
<PER-SHARE-NAV-BEGIN> 10.240
<PER-SHARE-NII> 0.270
<PER-SHARE-GAIN-APPREC> (0.420)
<PER-SHARE-DIVIDEND> (0.270)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.820
<EXPENSE-RATIO> 0.30
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000946868
<NAME> FEDERATED U.S. GOV'T SECURITIES FUND: 5-10 YRS
<SERIES>
<NUMBER> 002
<NAME> FEDERATED U.S. GOV'T SECURITIES FUND: 5-10 YRS - Class SS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> APR-30-2000
<PERIOD-END> AUG-31-1999
<INVESTMENTS-AT-COST> 103,348,834
<INVESTMENTS-AT-VALUE> 103,348,834
<RECEIVABLES> 1,303,644
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 15,690
<TOTAL-ASSETS> 104,668,168
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 475,204
<TOTAL-LIABILITIES> 475,204
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 108,774,383
<SHARES-COMMON-STOCK> 3,111,078
<SHARES-COMMON-PRIOR> 2,654,458
<ACCUMULATED-NII-CURRENT> (3,320)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (903,134)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,674,965)
<NET-ASSETS> 30,543,008
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,025,952
<OTHER-INCOME> 0
<EXPENSES-NET> (207,862)
<NET-INVESTMENT-INCOME> 2,818,090
<REALIZED-GAINS-CURRENT> (1,018,947)
<APPREC-INCREASE-CURRENT> (3,393,322)
<NET-CHANGE-FROM-OPS> (1,594,179)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (717,623)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,057,789
<NUMBER-OF-SHARES-REDEEMED> (626,667)
<SHARES-REINVESTED> 25,498
<NET-CHANGE-IN-ASSETS> (4,101,605)
<ACCUMULATED-NII-PRIOR> (3,308)
<ACCUMULATED-GAINS-PRIOR> 115,813
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 270,690
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 645,569
<AVERAGE-NET-ASSETS> 28,554,168
<PER-SHARE-NAV-BEGIN> 10.240
<PER-SHARE-NII> 0.250
<PER-SHARE-GAIN-APPREC> (0.420)
<PER-SHARE-DIVIDEND> (0.250)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.820
<EXPENSE-RATIO> 0.60
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.000
</TABLE>
Item 77 C -- Submission of Matters to a Vote of Security Holders
A Special Meeting of Shareholders of Federated U.S. Government Securities
Fund:5-10 Years was held on June 21, 1999. The following items, which are
required to be reported under this Item 77C, were approved at the meeting:
1. ELECTION OF TRUSTEES.
Shares Voted Affirmatively Shares Withheld
Nicholas P. Constantakis
7,116,588 26,614
John F. Cunningham
7,118,564 24,638
J. Christopher Donahue
7,118,564 24,638
Charles F. Mansfield, Jr.
7,118,564 24,638
John S. Walsh
7,118,564 24,638
2. TO RATIFY THE SELECTION OF ERNST & YOUNG LLP AS THE FUND'S INDEPENDENT
AUDITORS.
SHARES VOTED SHARES VOTED SHARES ABSTAINING
Affirmatively Negatively
7,102,283 10,256 30,662
3. TO MAKE CHANGES TO THE FUND'S FUNDAMENTAL INVESTMENT POLICIES:
a. To approve amending the Fund's fundamental investment policy regarding
diversification.
SHARES VOTED SHARES VOTED SHARES ABSTAINING
Affirmatively Negatively
5,968,775 99,636 57,338
b. To approve amending the Fund's fundamental investment policy regarding
borrowing money and issuing senior securities.
SHARES VOTED SHARES VOTED SHARES ABSTAINING
Affirmatively Negatively
5,923,389 139,002 63,357
c. To approve amending the Fund's fundamental investment policy regarding
investments in real estate.
SHARES VOTED SHARES VOTED SHARES ABSTAINING
Affirmatively Negatively
5,089,820 972,321 63,608
d. To approve amending the Fund's fundamental investment policy concerning
investments in commodities.
SHARES VOTED SHARES VOTED SHARES ABSTAINING
Affirmatively Negatively
5,071,224 988,018 66,507
e. To approve amending the Fund's fundamental investment policy regarding
lending.
SHARES VOTED SHARES VOTED SHARES ABSTAINING
Affirmatively Negatively
5,710,479 338,998 76,272
f. To approve amending the Fund's fundamental investment policy regarding
concentration of the Fund's investments in the securities of companies
in the same industry.
SHARES VOTED SHARES VOTED SHARES ABSTAINING
Affirmatively Negatively
5,826,643 240,900 58,206
g. To approve amending and making non-fundamental, the Fund's fundamental
investment policy regarding buying securities on margin.
SHARES VOTED SHARES VOTED SHARES ABSTAINING
Affirmatively Negatively
5,051,864 1,011,727 62,157
h. To approve amending and making non-fundamental, the Fund's fundamental
investment policy regarding pledging assets.
SHARES VOTED SHARES VOTED SHARES ABSTAINING
Affirmatively Negatively
5,076,911 984,089 64,748
4. To approve eliminating the Fund's fundamental investment policy on
selling securities short.
SHARES VOTED SHARES VOTED SHARES ABSTAINING
Affirmatively Negatively
5,079,694 985,675 60,379
The Definitive Proxy Statement for the Special Meeting held on June 21,
1999 was filed with the Securities and Exchange Commission on May 6, 1999,
and is incorporated by reference. (File No. 811-07309)
Current as of: 8/18/94