AMERICAN LEADERS FUND INC
NSAR-B, 1995-05-30
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<PAGE>      PAGE  1
000 B000000 03/31/95
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012 A000001 FEDERATED SERVICES COMPANY
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013 A000001 ARTHUR ANDERSEN LLP
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020 A000010 FIDUCIARY FINANCIAL SERVICES
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025 A000002 TRAVELERS, INC. (PRIMERICA)
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SIGNATURE   S. ELLIOTT COHAN                             
TITLE       ASST. GEN. COUNSEL  
 


<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   1                                              
     <NAME>                     American Leaders Fund, Inc.                    
                                Class A Shares                                 
                                                                               
<PERIOD-TYPE>                   12-MOS                                         
<FISCAL-YEAR-END>               Mar-31-1995                                    
<PERIOD-END>                    Mar-31-1995                                    
<INVESTMENTS-AT-COST>           298,036,949                                    
<INVESTMENTS-AT-VALUE>          360,641,521                                    
<RECEIVABLES>                   7,626,299                                      
<ASSETS-OTHER>                  893                                            
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  368,268,713                                    
<PAYABLE-FOR-SECURITIES>        3,867,726                                      
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       709,352                                        
<TOTAL-LIABILITIES>             4,577,078                                      
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        294,419,883                                    
<SHARES-COMMON-STOCK>           17,144,389                                     
<SHARES-COMMON-PRIOR>           15,560,982                                     
<ACCUMULATED-NII-CURRENT>       1,646,312                                      
<OVERDISTRIBUTION-NII>          0                                              
<ACCUMULATED-NET-GAINS>         5,020,868                                      
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        62,604,572                                     
<NET-ASSETS>                    268,469,981                                    
<DIVIDEND-INCOME>               7,436,560                                      
<INTEREST-INCOME>               1,233,334                                      
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  3,860,068                                      
<NET-INVESTMENT-INCOME>         4,809,826                                      
<REALIZED-GAINS-CURRENT>        9,972,646                                      
<APPREC-INCREASE-CURRENT>       20,096,284                                     
<NET-CHANGE-FROM-OPS>           34,878,756                                     
<EQUALIZATION>                  200,306                                        
<DISTRIBUTIONS-OF-INCOME>       3,982,898                                      
<DISTRIBUTIONS-OF-GAINS>        5,729,133                                      
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         3,930,179                                      
<NUMBER-OF-SHARES-REDEEMED>     2,880,782                                      
<SHARES-REINVESTED>             534,011                                        
<NET-CHANGE-IN-ASSETS>          109,657,448                                    
<ACCUMULATED-NII-PRIOR>         1,313,328                                      
<ACCUMULATED-GAINS-PRIOR>       2,109,691                                      
<OVERDISTRIB-NII-PRIOR>         0                                              
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           2,010,685                                      
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 3,877,590                                      
<AVERAGE-NET-ASSETS>            296,629,681                                    
<PER-SHARE-NAV-BEGIN>           0.000                                          
<PER-SHARE-NII>                 0.000                                          
<PER-SHARE-GAIN-APPREC>         0.000                                          
<PER-SHARE-DIVIDEND>            0.000                                          
<PER-SHARE-DISTRIBUTIONS>       0.000                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             0.000                                          
<EXPENSE-RATIO>                 123                                            
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>

<TABLE> <S> <C>

                                                                               
<S>                             <C>                                            
                                                                               
<ARTICLE>                       6                                              
<SERIES>                                                                       
     <NUMBER>                   2                                              
     <NAME>                     American Leaders Fund, Inc.                    
                                Class B, C and FS Shares                       
                                                                               
<PERIOD-TYPE>                   12-MOS                                         
<FISCAL-YEAR-END>               Mar-31-1995                                    
<PERIOD-END>                    Mar-31-1995                                    
<INVESTMENTS-AT-COST>           298,036,949                                    
<INVESTMENTS-AT-VALUE>          360,641,521                                    
<RECEIVABLES>                   7,626,299                                      
<ASSETS-OTHER>                  893                                            
<OTHER-ITEMS-ASSETS>            0                                              
<TOTAL-ASSETS>                  368,268,713                                    
<PAYABLE-FOR-SECURITIES>        3,867,726                                      
<SENIOR-LONG-TERM-DEBT>         0                                              
<OTHER-ITEMS-LIABILITIES>       709,352                                        
<TOTAL-LIABILITIES>             4,577,078                                      
<SENIOR-EQUITY>                 0                                              
<PAID-IN-CAPITAL-COMMON>        294,419,883                                    
<SHARES-COMMON-STOCK>           6,078,938                                      
<SHARES-COMMON-PRIOR>           1,865,335                                      
<ACCUMULATED-NII-CURRENT>       1,646,312                                      
<OVERDISTRIBUTION-NII>          0                                              
<ACCUMULATED-NET-GAINS>         5,020,868                                      
<OVERDISTRIBUTION-GAINS>        0                                              
<ACCUM-APPREC-OR-DEPREC>        62,604,572                                     
<NET-ASSETS>                    95,221,654                                     
<DIVIDEND-INCOME>               7,436,560                                      
<INTEREST-INCOME>               1,233,334                                      
<OTHER-INCOME>                  0                                              
<EXPENSES-NET>                  3,860,068                                      
<NET-INVESTMENT-INCOME>         4,809,826                                      
<REALIZED-GAINS-CURRENT>        9,972,646                                      
<APPREC-INCREASE-CURRENT>       20,096,284                                     
<NET-CHANGE-FROM-OPS>           34,878,756                                     
<EQUALIZATION>                  200,306                                        
<DISTRIBUTIONS-OF-INCOME>       694,252                                        
<DISTRIBUTIONS-OF-GAINS>        1,332,336                                      
<DISTRIBUTIONS-OTHER>           0                                              
<NUMBER-OF-SHARES-SOLD>         4,862,060                                      
<NUMBER-OF-SHARES-REDEEMED>     751,146                                        
<SHARES-REINVESTED>             102,690                                        
<NET-CHANGE-IN-ASSETS>          109,657,448                                    
<ACCUMULATED-NII-PRIOR>         1,313,328                                      
<ACCUMULATED-GAINS-PRIOR>       2,109,691                                      
<OVERDISTRIB-NII-PRIOR>         0                                              
<OVERDIST-NET-GAINS-PRIOR>      0                                              
<GROSS-ADVISORY-FEES>           2,010,685                                      
<INTEREST-EXPENSE>              0                                              
<GROSS-EXPENSE>                 3,877,590                                      
<AVERAGE-NET-ASSETS>            296,629,681                                    
<PER-SHARE-NAV-BEGIN>           0.000                                          
<PER-SHARE-NII>                 0.000                                          
<PER-SHARE-GAIN-APPREC>         0.000                                          
<PER-SHARE-DIVIDEND>            0.000                                          
<PER-SHARE-DISTRIBUTIONS>       0.000                                          
<RETURNS-OF-CAPITAL>            0.000                                          
<PER-SHARE-NAV-END>             0.000                                          
<EXPENSE-RATIO>                 0                                              
<AVG-DEBT-OUTSTANDING>          0                                              
<AVG-DEBT-PER-SHARE>            0.000                                          
                                                                               

</TABLE>


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