ADVISORS FUND L P
NSAR-B, 1995-04-19
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001 A000000 THE ADVISORS FUND L.P.
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002 A000000 TWO WORLD TRADE CENTER
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SIGNATURE   CHRISTINA HAAGE                              
TITLE       ASSISTANT TREASURER 
 

WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>  6
<SERIES>  
              <NUMBER>
              <NAME>Advisor - Class A
       
<S>                                     <C>
<PERIOD-TYPE>                           12-MOS
<FISCAL-YEAR-END>                       DEC-31-1994
<PERIOD-END>                            DEC-31-1994
<INVESTMENTS-AT-COST>                                               0
<INVESTMENTS-AT-VALUE>                                              0
<RECEIVABLES>                                                       0
<ASSETS-OTHER>                                                      0
<OTHER-ITEMS-ASSETS>                                                0
<TOTAL-ASSETS>                                                      0
<PAYABLE-FOR-SECURITIES>                                            0
<SENIOR-LONG-TERM-DEBT>                                             0
<OTHER-ITEMS-LIABILITIES>                                           0
<TOTAL-LIABILITIES>                                                 0
<SENIOR-EQUITY>                                                     0
<PAID-IN-CAPITAL-COMMON>                                            0
<SHARES-COMMON-STOCK>                                               0
<SHARES-COMMON-PRIOR>                                       4,529,314
<ACCUMULATED-NII-CURRENT>                                           0
<OVERDISTRIBUTION-NII>                                              0
<ACCUMULATED-NET-GAINS>                                             0
<OVERDISTRIBUTION-GAINS>                                            0
<ACCUM-APPREC-OR-DEPREC>                                            0
<NET-ASSETS>                                                        0
<DIVIDEND-INCOME>                                             672,217
<INTEREST-INCOME>                                           1,189,520
<OTHER-INCOME>                                                      0
<EXPENSES-NET>                                              1,584,403
<NET-INVESTMENT-INCOME>                                       277,334
<REALIZED-GAINS-CURRENT>                                   10,812,807
<APPREC-INCREASE-CURRENT>                                 (23,707,240)
<NET-CHANGE-FROM-OPS>                                     (12,617,099)
<EQUALIZATION>                                                      0
<DISTRIBUTIONS-OF-INCOME>                                           0
<DISTRIBUTIONS-OF-GAINS>                                            0
<DISTRIBUTIONS-OTHER>                                               0
<NUMBER-OF-SHARES-SOLD>                                        13,881
<NUMBER-OF-SHARES-REDEEMED>                                 4,543,195
<SHARES-REINVESTED>                                                 0
<NET-CHANGE-IN-ASSETS>                                    (17,146,413)
<ACCUMULATED-NII-PRIOR>                                             0
<ACCUMULATED-GAINS-PRIOR>                                  38,681,696
<OVERDISTRIB-NII-PRIOR>                                    (7,483,748)
<OVERDIST-NET-GAINS-PRIOR>                                          0
<GROSS-ADVISORY-FEES>                                         153,577
<INTEREST-EXPENSE>                                            335,866
<GROSS-EXPENSE>                                             1,584,403
<AVERAGE-NET-ASSETS>                                       88,104,231
<PER-SHARE-NAV-BEGIN>                                         27.9100
<PER-SHARE-NII>                                                0.0000
<PER-SHARE-GAIN-APPREC>                                        0.0000
<PER-SHARE-DIVIDEND>                                           0.0000
<PER-SHARE-DISTRIBUTIONS>                                      0.0000
<RETURNS-OF-CAPITAL>                                           0.0000
<PER-SHARE-NAV-END>                                            0.0000
<EXPENSE-RATIO>                                                  0.00
<AVG-DEBT-OUTSTANDING>                                              0
<AVG-DEBT-PER-SHARE>                                                0


<ARTICLE>  6
<SERIES>  
              [NUMBER]
              <NAME>Advisor - Class B
       
<S>                                     <C>
<PERIOD-TYPE>                           12-MOS
<FISCAL-YEAR-END>                       DEC-31-1994
<PERIOD-END>                            DEC-31-1994
[INVESTMENTS-AT-COST]                                               0
[INVESTMENTS-AT-VALUE]                                              0
[RECEIVABLES]                                                       0
[ASSETS-OTHER]                                                      0
[OTHER-ITEMS-ASSETS]                                                0
[TOTAL-ASSETS]                                                      0
[PAYABLE-FOR-SECURITIES]                                            0
[SENIOR-LONG-TERM-DEBT]                                             0
[OTHER-ITEMS-LIABILITIES]                                           0
[TOTAL-LIABILITIES]                                                 0
[SENIOR-EQUITY]                                                     0
[PAID-IN-CAPITAL-COMMON]                                            0
[SHARES-COMMON-STOCK]                                               0
[SHARES-COMMON-PRIOR]                                         149,187
[ACCUMULATED-NII-CURRENT]                                           0
[OVERDISTRIBUTION-NII]                                              0
[ACCUMULATED-NET-GAINS]                                             0
[OVERDISTRIBUTION-GAINS]                                            0
[ACCUM-APPREC-OR-DEPREC]                                            0
[NET-ASSETS]                                                        0
[DIVIDEND-INCOME]                                             672,217
[INTEREST-INCOME]                                           1,189,520
[OTHER-INCOME]                                                      0
[EXPENSES-NET]                                              1,584,403
[NET-INVESTMENT-INCOME]                                       277,334
[REALIZED-GAINS-CURRENT]                                   10,812,807
[APPREC-INCREASE-CURRENT]                                 (23,707,240)
[NET-CHANGE-FROM-OPS]                                     (12,617,099)
[EQUALIZATION]                                                      0
[DISTRIBUTIONS-OF-INCOME]                                           0
[DISTRIBUTIONS-OF-GAINS]                                            0
[DISTRIBUTIONS-OTHER]                                               0
[NUMBER-OF-SHARES-SOLD]                                             0
[NUMBER-OF-SHARES-REDEEMED]                                   149,187
[SHARES-REINVESTED]                                                 0
[NET-CHANGE-IN-ASSETS]                                    (12,766,286)
[ACCUMULATED-NII-PRIOR]                                             0
[ACCUMULATED-GAINS-PRIOR]                                  38,681,696
[OVERDISTRIB-NII-PRIOR]                                    (7,483,748)
[OVERDIST-NET-GAINS-PRIOR]                                          0
[GROSS-ADVISORY-FEES]                                         153,577
[INTEREST-EXPENSE]                                            335,866
[GROSS-EXPENSE]                                             1,584,403
[AVERAGE-NET-ASSETS]                                       88,104,231
[PER-SHARE-NAV-BEGIN]                                         27.8000
[PER-SHARE-NII]                                                0.0000
[PER-SHARE-GAIN-APPREC]                                        0.0000
[PER-SHARE-DIVIDEND]                                           0.0000
[PER-SHARE-DISTRIBUTIONS]                                      0.0000
[RETURNS-OF-CAPITAL]                                           0.0000
[PER-SHARE-NAV-END]                                            0.0000
[EXPENSE-RATIO]                                                  0.00
[AVG-DEBT-OUTSTANDING]                                              0
[AVG-DEBT-PER-SHARE]                                                0






</TABLE>


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