ALLIANCE INSTITUTIONAL FUNDS INC
NSAR-A, EX-27, 2000-06-28
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001018592
<NAME> ALLIANCE INSTITUTIONAL FUNDS, INC.
<SERIES>
   <NUMBER> 031
   <NAME> REAL ESTATE INVESTMENT INSTITUTIONAL FUND

<S>                             <C>
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<PERIOD-END>                               APR-30-2000
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[AVG-DEBT-OUTSTANDING]                               0
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