ALLIANCE PORTFOLIOS
NSAR-B, EX-27, 2000-06-29
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000812015
<NAME> THE ALLIANCE PORTFOLIOS
<SERIES>
   <NUMBER> 041
   <NAME> GROWTH INVESTORS FUND

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          APR-30-2000
<PERIOD-START>                             MAY-01-1999
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                      129,077,102
<INVESTMENTS-AT-VALUE>                     141,896,244
<RECEIVABLES>                               15,274,964
<ASSETS-OTHER>                               2,932,837
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             160,104,045
<PAYABLE-FOR-SECURITIES>                    14,689,709
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      729,868
<TOTAL-LIABILITIES>                         15,419,577
<SENIOR-EQUITY>                                     97
<PAID-IN-CAPITAL-COMMON>                   121,102,685
<SHARES-COMMON-STOCK>                        3,682,305
<SHARES-COMMON-PRIOR>                        3,032,720
<ACCUMULATED-NII-CURRENT>                        1,240
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<ACCUMULATED-NET-GAINS>                     10,424,108
<OVERDISTRIBUTION-GAINS>                             0
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<DIVIDEND-INCOME>                              796,913
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<OTHER-INCOME>                                       0
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<NET-INVESTMENT-INCOME>                      2,031,603
<REALIZED-GAINS-CURRENT>                    20,586,656
<APPREC-INCREASE-CURRENT>                 (10,894,720)
<NET-CHANGE-FROM-OPS>                       11,723,539
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (916,889)
<DISTRIBUTIONS-OF-GAINS>                   (6,542,816)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,835,116
<NUMBER-OF-SHARES-REDEEMED>                (1,691,118)
<SHARES-REINVESTED>                            505,587
<NET-CHANGE-IN-ASSETS>                       9,595,133
<ACCUMULATED-NII-PRIOR>                      (145,875)
<ACCUMULATED-GAINS-PRIOR>                    7,022,088
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,038,000
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,650,000
<AVERAGE-NET-ASSETS>                        50,857,921
<PER-SHARE-NAV-BEGIN>                            15.80
<PER-SHARE-NII>                                   0.29
<PER-SHARE-GAIN-APPREC>                           1.05
<PER-SHARE-DIVIDEND>                            (0.29)
<PER-SHARE-DISTRIBUTIONS>                       (2.05)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.80
<EXPENSE-RATIO>                                   1.45
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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