FEDERATED US GOVERNMENT SECURITIES FUND 5 10 YEARS
NSAR-A, EX-27, 2000-10-18
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000946868
<NAME>                            Federated US Govt Sec Fund: 5-10 Years
<SERIES>
     <NUMBER>                     001
     <NAME>                       Federated US Govt Sec Fund: 5-10 Years - IS

<S>                               <C>
<PERIOD-TYPE>                     6-MOS
<FISCAL-YEAR-END>                 Feb-29-2000
<PERIOD-END>                      Aug-31-2000
<INVESTMENTS-AT-COST>             82,916,496
<INVESTMENTS-AT-VALUE>            84,698,538
<RECEIVABLES>                     1,043,993
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              6,024
<TOTAL-ASSETS>                    85,748,555
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         430,120
<TOTAL-LIABILITIES>               430,120
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          89,920,337
<SHARES-COMMON-STOCK>             4,841,540
<SHARES-COMMON-PRIOR>             5,604,549
<ACCUMULATED-NII-CURRENT>         0
<OVERDISTRIBUTION-NII>            (68,526)
<ACCUMULATED-NET-GAINS>           (6,315,418)
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          1,782,042
<NET-ASSETS>                      47,811,304
<DIVIDEND-INCOME>                 0
<INTEREST-INCOME>                 2,842,989
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (188,540)
<NET-INVESTMENT-INCOME>           2,654,449
<REALIZED-GAINS-CURRENT>          (2,661,426)
<APPREC-INCREASE-CURRENT>         4,980,380
<NET-CHANGE-FROM-OPS>             4,973,403
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (1,615,386)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           3,585,100
<NUMBER-OF-SHARES-REDEEMED>       (4,429,292)
<SHARES-REINVESTED>               81,183
<NET-CHANGE-IN-ASSETS>            (813,752)
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         (3,653,992)
<OVERDISTRIB-NII-PRIOR>           (69,091)
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             221,917
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   570,721
<AVERAGE-NET-ASSETS>              52,630,825
<PER-SHARE-NAV-BEGIN>             9.580
<PER-SHARE-NII>                   0.300
<PER-SHARE-GAIN-APPREC>           0.300
<PER-SHARE-DIVIDEND>              (0.300)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               9.880
<EXPENSE-RATIO>                   0.30
[AVG-DEBT-OUTSTANDING]            0
[AVG-DEBT-PER-SHARE]              0.000



</TABLE>


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