<ARTICLE> 5 <LEGEND> ARTICLE TYPE 5 FOR NINE MONTHS ENDED SEPTEMBER 30, 1996 FOR BASS INCOME PLUS FUND. </LEGEND> <PERIOD-TYPE> 9-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> SEP-30-1996 <CASH> 568,002 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 49,210 <PP&E> 11,915,790 <DEPRECIATION> 8,625,172 <TOTAL-ASSETS> 9,472,763 <CURRENT-LIABILITIES> 157,912 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 352,523 <TOTAL-LIABILITY-AND-EQUITY> 9,472,763 <SALES> 1,553,357 <TOTAL-REVENUES> 1,647,907 <CGS> 0 <TOTAL-COSTS> 894,774 <OTHER-EXPENSES> 92,602 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 641,046 <INCOME-PRETAX> 19,485 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 19,485 <EPS-PRIMARY> .31 <EPS-DILUTED> .31