[ARTICLE] 5 [CIK] 0000785791 [NAME] ASSOCIATED PLANNERS REALTY FUND [PERIOD-TYPE] 12-MOS [FISCAL-YEAR-END] DEC-31-1995 [PERIOD-START] JAN-01-1995 [PERIOD-END] DEC-31-1995 [CASH] 103,300 [SECURITIES] 0 [RECEIVABLES] 20,876 [ALLOWANCES] 0 [INVENTORY] 0 [CURRENT-ASSETS] 167,389 [PP&E] 6,813,502 [DEPRECIATION] (969,821) [TOTAL-ASSETS] 6,011,070 [CURRENT-LIABILITIES] 73,884 [BONDS] 1,225,950 [PREFERRED-MANDATORY] 0 [PREFERRED] 0 [COMMON] 0 [OTHER-SE] 4,478,268 [TOTAL-LIABILITY-AND-EQUITY] 6,011,070 [SALES] 618,130 [TOTAL-REVENUES] 755,788 [CGS] 478,914 [TOTAL-COSTS] 478,914 [OTHER-EXPENSES] 0 [LOSS-PROVISION] 0 [INTEREST-EXPENSE] 0 [INCOME-PRETAX] 276,874 [INCOME-TAX] 0 [INCOME-CONTINUING] 0 [DISCONTINUED] 0 [EXTRAORDINARY] 0 [CHANGES] 0 [NET-INCOME] 276,874 [EPS-PRIMARY] 33.23 [EPS-DILUTED] 33.23