<ARTICLE> 5 <CIK> 0000814077 <NAME> ASSOCIATED PLANNERS REALTY GROWTH FUND <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-START> APR-01-1995 <PERIOD-END> JUN-30-1995 <CASH> 2,601 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 20,718 <PP&E> 3,591,500 <DEPRECIATION> 369,647 <TOTAL-ASSETS> 3,242,571 <CURRENT-LIABILITIES> 252,437 <BONDS> 1,757,108 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 1,233,026 <TOTAL-LIABILITY-AND-EQUITY> 3,242,571 <SALES> 121,315 <TOTAL-REVENUES> 121,406 <CGS> 106,242 <TOTAL-COSTS> 106,242 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 83,975 <INCOME-PRETAX> 0 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (68,811) <EPS-PRIMARY> (33.05) <EPS-DILUTED> (33.05)