<ARTICLE> 5 <LEGEND> Article Type 5 for Bass Income Plus Fund for Period Ending June 30, 1997. </LEGEND> <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1997 <PERIOD-END> JUN-30-1997 <CASH> 499,915 <SECURITIES> 0 <RECEIVABLES> 0 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 38,611 <PP&E> 11,907,916 <DEPRECIATION> (3,523,845) <TOTAL-ASSETS> 9,117,551 <CURRENT-LIABILITIES> 125,765 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 0 <OTHER-SE> 96,026 <TOTAL-LIABILITY-AND-EQUITY> 9,117,551 <SALES> 1,052,869 <TOTAL-REVENUES> 1,115,874 <CGS> 0 <TOTAL-COSTS> 375,365 <OTHER-EXPENSES> 299,225 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 423,801 <INCOME-PRETAX> 17,483 <INCOME-TAX> 0 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 17,483 <EPS-PRIMARY> 0.28 <EPS-DILUTED> 0.28