<PAGE> PAGE 1
000 B000000 07/31/95
000 C000000 0000812015
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 THE ALLIANCE PORTFOLIOS
001 B000000 811-5088
001 C000000 2013194000
002 A000000 500 PLAZA DRIVE
002 B000000 SECAUCUS
002 C000000 NJ
002 D010000 07094
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 5
007 C010100 1
007 C010200 2
007 C010300 3
007 C020300 STRATEGIC BALANCED FUND
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 ALLIANCE CAPITAL MANAGEMENT L.P.
008 B00AA01 A
008 C00AA01 801-32361
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10105
010 A00AA01 ALLIANCE CAPTIAL MANAGEMENT L.P.
010 B00AA01 801-32361
010 C01AA01 NEW YORK
010 C02AA01 NY
010 C03AA01 10105
011 A00AA01 ALLIANCE FUND DISTRIBUTORS, INC.
011 B00AA01 8-30851
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10105
012 A00AA01 ALLIANCE FUND SERVICES, INC.
<PAGE> PAGE 2
012 B00AA01 84-0001187
012 C01AA01 SECAUCUS
012 C02AA01 NJ
012 C03AA01 07094
013 A00AA01 PRICE WATERHOUSE, L.L.P.
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10036
014 A00AA01 DONALDSON LUFKIN & JENRETTE
014 B00AA01 8-00017574
014 A00AA02 PERSHING
014 B00AA02 8-00017574
014 A00AA03 AUTRONET
014 B00AA03 8-00017574
015 A00AA01 STATE STREET BANK AND TRUST AND TRUST CO.
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 50
019 C00AA00 ALLIANCECA
020 A000001 LEHMAN BROTHERS INC.
020 B000001 13-2518466
020 C000001 26
020 A000002 SALOMON BROTHERS INC.
020 B000002 13-3082694
020 C000002 15
020 A000003 HAMBRECHT AND QUIST
020 B000003 94-2856935
020 C000003 13
020 A000004 PAINE WEBBER INC.
020 B000004 13-2638166
020 C000004 11
020 A000005 CS FIRST BOSTON CORP.
020 B000005 13-5659485
020 C000005 11
020 A000006 LYNCH JONES AND RYAN
020 B000006 13-3356934
020 C000006 10
020 A000007 NATWEST SECURITIES CORP.
020 C000007 8
020 A000008 MERRILL LYNCH, PIERCE, FENNER AND SMITH
020 B000008 13-5674085
020 C000008 8
020 A000009 PRUDENTIAL SECURITIES INC.
020 B000009 22-2347336
020 C000009 7
020 A000010 SMITH BARNEY INC.
<PAGE> PAGE 3
020 B000010 13-1912900
020 C000010 6
021 000000 196
022 A000001 SANWA BANK SECURITIES CO.
022 B000001 13-3046258
022 C000001 683276
022 D000001 5801
022 A000002 MORGAN (J.P.) SECURITIES INC.
022 B000002 13-3224016
022 C000002 12881
022 D000002 457
022 A000003 LEHMAN BROTHERS INC.
022 B000003 13-2518466
022 C000003 7176
022 D000003 5855
022 A000004 CS FIRST BOSTON CORP.
022 B000004 13-5659485
022 C000004 5445
022 D000004 1628
022 A000005 SALOMON BROTHERS INC.
022 B000005 13-3082694
022 C000005 3251
022 D000005 1748
022 A000006 GOLDMAN, SACHS & CO.
022 B000006 13-5108880
022 C000006 3004
022 D000006 1540
022 A000007 SMITH BARNEY INC.
022 B000007 13-1912900
022 C000007 2086
022 D000007 1133
022 A000008 CITIBANK N.A.
022 C000008 509
022 D000008 2294
022 A000009 JOHN HANCOCK
022 B000009 04-2442399
022 C000009 2678
022 D000009 0
022 A000010 NATIONSBANC CAPITAL MARKETS
022 C000010 2590
022 D000010 0
023 C000000 731790
023 D000000 27402
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
<PAGE> PAGE 4
025 D00AA08 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 N
060 B00AA00 N
061 00AA00 250
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 Y
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
<PAGE> PAGE 5
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 B00AA00 GULF INSURANCE COMPANY
080 C00AA00 66000
081 A00AA00 Y
081 B00AA00 91
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
028 A010300 501
028 A020300 0
028 A030300 0
028 A040300 3139
028 B010300 651
028 B020300 0
028 B030300 0
028 B040300 1244
028 C010300 644
028 C020300 0
028 C030300 0
028 C040300 1459
028 D010300 788
028 D020300 0
028 D030300 0
028 D040300 1981
<PAGE> PAGE 6
028 E010300 561
028 E020300 0
028 E030300 0
028 E040300 1739
028 F010300 1244
028 F020300 0
028 F030300 0
028 F040300 1444
028 G010300 4389
028 G020300 0
028 G030300 0
028 G040300 11006
028 H000300 2096
029 000300 Y
030 A000300 0
030 B000300 4.25
030 C000300 4.25
031 A000300 0
031 B000300 0
032 000300 0
033 000300 0
034 000300 Y
035 000300 0
036 A000300 N
036 B000300 0
037 000300 N
038 000300 0
039 000300 N
040 000300 Y
041 000300 Y
042 A000300 0
042 B000300 0
042 C000300 100
042 D000300 0
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 466
044 000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.750
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
<PAGE> PAGE 7
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 0.0
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 N
066 E000300 N
066 F000300 N
066 G000300 Y
067 000300 Y
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 N
070 B010300 Y
070 B020300 N
070 C010300 Y
<PAGE> PAGE 8
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 Y
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300 76930
071 B000300 75104
071 C000300 43733
071 D000300 172
072 A000300 12
072 B000300 1339
072 C000300 518
072 D000300 0
072 E000300 0
072 F000300 401
072 G000300 0
072 H000300 0
072 I000300 124
072 J000300 82
072 K000300 0
072 L000300 22
072 M000300 29
072 N000300 65
072 O000300 0
072 P000300 0
<PAGE> PAGE 9
072 Q000300 0
072 R000300 14
072 S000300 46
072 T000300 466
072 U000300 7
072 V000300 0
072 W000300 9
072 X000300 1265
072 Y000300 211
072 Z000300 803
072AA000300 6128
072BB000300 4542
072CC010300 3225
072CC020300 0
072DD010300 517
072DD020300 0
072EE000300 137
073 A010300 0.4600
073 A020300 0.0000
073 B000300 0.1077
073 C000300 0.0000
074 A000300 93
074 B000300 0
074 C000300 1300
074 D000300 13011
074 E000300 0
074 F000300 38488
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 371
074 K000300 292
074 L000300 663
074 M000300 1
074 N000300 54219
074 O000300 1011
074 P000300 300
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 542
074 S000300 0
074 T000300 52366
074 U010300 3271
074 U020300 0
074 V010300 17.98
074 V020300 0.00
074 W000300 0.0000
074 X000300 0
074 Y000300 0
<PAGE> PAGE 10
075 A000300 0
075 B000300 53557
076 000300 0.00
SIGNATURE CATHY WHITE
TITLE ASST. VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000812015
<NAME> THE ALLIANCE PORTFOLIOS
<SERIES>
<NUMBER> 003
<NAME> STRATEGIC BALANCED FUND
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JUL-31-1995
<PERIOD-START> AUG-01-1994
<PERIOD-END> JUL-31-1995
<INVESTMENTS-AT-COST> 48928399
<INVESTMENTS-AT-VALUE> 52799683
<RECEIVABLES> 1325918
<ASSETS-OTHER> 93709
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 54219310
<PAYABLE-FOR-SECURITIES> 1010660
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 842720
<TOTAL-LIABILITIES> 1853380
<SENIOR-EQUITY> 33
<PAID-IN-CAPITAL-COMMON> 47518154
<SHARES-COMMON-STOCK> 3271247
<SHARES-COMMON-PRIOR> 3989577
<ACCUMULATED-NII-CURRENT> 446245
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 541071
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3860427
<NET-ASSETS> 52365930
<DIVIDEND-INCOME> 517597
<INTEREST-INCOME> 1339107
<OTHER-INCOME> 0
<EXPENSES-NET> 1053568
<NET-INVESTMENT-INCOME> 803136
<REALIZED-GAINS-CURRENT> 1585794
<APPREC-INCREASE-CURRENT> 3225074
<NET-CHANGE-FROM-OPS> 5614004
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 516669
<DISTRIBUTIONS-OF-GAINS> 137111
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9415699
<NUMBER-OF-SHARES-REDEEMED> 20136994
<SHARES-REINVESTED> 592250
<NET-CHANGE-IN-ASSETS> (5168821)
<ACCUMULATED-NII-PRIOR> 159778
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 907612
<GROSS-ADVISORY-FEES> 400593
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1264974
<AVERAGE-NET-ASSETS> 53412444
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 0
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>