<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED
FROM THE ANNUAL REPORT OF AMERICAN CENTURY MUTUAL FUNDS, INC.
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<CIK> 0000100334
<NAME> AMERICAN CENTURY MUTUAL FUNDS, INC.
<SERIES>
<NUMBER> 222
<NAME> VEEDOT FUND - INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 334,402,081
<INVESTMENTS-AT-VALUE> 377,645,754
<RECEIVABLES> 16,572,206
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 394,217,960
<PAYABLE-FOR-SECURITIES> 28,942,168
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 928,267
<TOTAL-LIABILITIES> 29,870,435
<SENIOR-EQUITY> 20,624
<PAID-IN-CAPITAL-COMMON> 402,583,999
<SHARES-COMMON-STOCK> 2,062,377
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (81,500,771)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 43,243,673
<NET-ASSETS> 364,347,525
<DIVIDEND-INCOME> 894,191
<INTEREST-INCOME> 708,017
<OTHER-INCOME> 0
<EXPENSES-NET> 4,155,185
<NET-INVESTMENT-INCOME> (2,552,977)
<REALIZED-GAINS-CURRENT> (81,505,097)
<APPREC-INCREASE-CURRENT> 43,243,673
<NET-CHANGE-FROM-OPS> (40,814,401)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,371,854
<NUMBER-OF-SHARES-REDEEMED> (309,477)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 364,347,525
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,153,858
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,155,185
<AVERAGE-NET-ASSETS> 3,646,501
<PER-SHARE-NAV-BEGIN> 6.12
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> (0.19)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 5.92
<EXPENSE-RATIO> 1.30
</TABLE>