0001064046-11-000017.txt : 20110601 0001064046-11-000017.hdr.sgml : 20110601 20110601155549 ACCESSION NUMBER: 0001064046-11-000017 CONFORMED SUBMISSION TYPE: NSAR-B/A PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20101231 FILED AS OF DATE: 20110601 DATE AS OF CHANGE: 20110601 EFFECTIVENESS DATE: 20110601 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SECURITY INCOME FUND /KS/ CENTRAL INDEX KEY: 0000088498 IRS NUMBER: 480774743 STATE OF INCORPORATION: KS FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NSAR-B/A SEC ACT: 1940 Act SEC FILE NUMBER: 811-02120 FILM NUMBER: 11885055 BUSINESS ADDRESS: STREET 1: SECURITY INVESTORS, LLC STREET 2: ONE SECURITY BENEFIT PLACE CITY: TOPEKA STATE: KS ZIP: 66636-0001 BUSINESS PHONE: 7854383127 MAIL ADDRESS: STREET 1: SECURITY INVESTORS, LLC STREET 2: ONE SECURITY BENEFIT PLACE CITY: TOPEKA STATE: KS ZIP: 66636-0001 FORMER COMPANY: FORMER CONFORMED NAME: SECURITY BOND FUND DATE OF NAME CHANGE: 19850821 0000088498 S000009770 U.S. INTERMEDIATE BOND C000026841 A SIUSX C000026842 B SUGBX C000026843 C SDICX 0000088498 S000009771 HIGH YIELD C000026844 A SIHAX C000026845 B SIHBX C000026846 C SIHSX C000063882 INSTITUTIONAL SHYIX NSAR-B/A 1 answerinc.fil ANSWER FILE PAGE 1 000 B000000 12/31/2010 000 C000000 0000088498 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 SECURITY INCOME FUND 001 B000000 811-02120 001 C000000 7854383127 002 A000000 ONE SECURITY BENEFIT PLACE 002 B000000 TOPEKA 002 C000000 KS 002 D010000 66636 002 D020000 0001 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 2 007 C010100 1 007 C010200 2 007 C020200 U.S. INTERMEDIATE BOND 007 C030200 N 007 C010300 3 007 C010400 4 007 C010500 5 007 C020500 HIGH YIELD 007 C030500 N 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 010 A00AA01 SECURITY INVESTORS 010 B00AA01 84-01497 010 C01AA01 TOPEKA 010 C02AA01 KS 010 C03AA01 66636 010 C04AA01 0001 011 A00AA01 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072 X001000 191 072 Y001000 0 072 Z001000 397 072AA001000 0 072BB001000 4778 072CC011000 0 072CC021000 26832 072DD011000 311 072DD021000 179 072EE001000 0 073 A011000 0.0000 073 A021000 0.0000 073 B001000 0.0000 073 C001000 0.0000 074 A001000 0 074 B001000 0 074 C001000 0 074 D001000 0 074 E001000 0 074 F001000 0 074 G001000 0 074 H001000 0 074 I001000 0 074 J001000 0 074 K001000 0 074 L001000 0 074 M001000 0 074 N001000 0 074 O001000 0 074 P001000 0 074 Q001000 0 074 R011000 0 074 R021000 0 074 R031000 0 074 R041000 0 074 S001000 0 074 T001000 0 PAGE 25 074 U011000 0 074 U021000 0 074 V011000 0.00 074 V021000 0.00 074 W001000 0.0000 074 X001000 0 074 Y001000 0 075 A001000 0 075 B001000 0 076 001000 0.00 SIGNATURE AMY J. LEE TITLE SECRETARY EX-23 2 auditltr.txt AUDIT LETTER Report of Independent Registered Public Accounting Firm To the Shareholders and Board of Directors Security Income Fund In planning and performing our audits of the financial statements of the Security Income Fund (the Fund) as of and for the year ended December 31, 2010, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Funds internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, but not for the purpose of expressing an opinion on the effectiveness of the Funds internal control over financial reporting. Accordingly, we express no such opinion. The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A funds internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A funds internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the fund (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the fund are being made only in accordance with authorizations of management and directors of the fund and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a funds assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the funds annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Funds internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Funds internal control over financial reporting and its operation, including controls over safeguarding securities that we consider to be a material weakness as defined above as of December 31, 2010. This report is intended solely for the information and use of management and the Board of Directors of the Security Income Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. Chicago, Illinois March 1, 2011 EX-99 3 addinfo.txt 99.77Q3 Because the electronic format for filing Form N-SAR does not provide adequate space for responding to Items 72DD, 72EE, 73, 74U and 74V correctly,the correct answers are as follows... Security Income Fund File No. 811-02120 CIK No. 0000088498 EX-99.77Q3 A B C I 72DD) 2 3011 282 406 n/a 5 11829 448 631 424 72EE) 2 n/a n/a n/a n/a 5 n/a n/a n/a n/a 73A) 2 0.12 0.08 0.08 n/a 5 0.92 0.99 0.83 1.05 73B) 2 n/a n/a n/a n/a 5 n/a n/a n/a n/a 74U) 2 24416 2797 4642 n/a 5 13378 379 792 254 74V) 2 4.18 4.15 4.15 n/a 5 12.89 12.84 12.97 10.96