<PAGE> PAGE 1
000 B000000 09/30/1999
000 C000000 0001026134
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 AARP MANAGED INVESTMENT PORTFOLIOS TRUST
001 B000000 811-07933
001 C000000 6172952567
002 A000000 TWO INTERNATIONAL PLACE
002 B000000 BOSTON
002 C000000 MA
002 D010000 02110
002 D020000 4103
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 2
007 C010100 1
007 C020100 AARP DIVERSIFIED INCOME WITH GROWTH PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 AARP DIVERSIFIED GROWTH PORTFOLIO
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
008 A00AA01 SCUDDER KEMPER INVESTMENTS, INC.
008 B00AA01 A
008 C00AA01 801-22973
008 D01AA01 BOSTON
008 D02AA01 MA
008 D03AA01 02110
010 A00AA01 SCUDDER FUND ACCOUNTING CORPORATION
010 C01AA01 BOSTON
010 C02AA01 MA
010 C03AA01 02110
010 C04AA01 4103
011 A00AA01 SCUDDER INVESTOR SERVICES, INC.
011 B00AA01 8-298
011 C01AA01 BOSTON
<PAGE> PAGE 2
011 C02AA01 MA
011 C03AA01 02110
012 A00AA01 SCUDDER SERVICE CORPORATION
012 B00AA01 84-1489
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02107
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
014 A00AA01 SCUDDER INVESTOR SERVICES, INC.
014 B00AA01 8-298
014 A00AA02 KEMPER DISTRIBUTORS, INC.
014 B00AA02 8-47765
014 A00AA03 LIS SECURITIES, INC.
014 B00AA03 8-31022
014 A00AA04 INVESTORS BROKERAGE SERVICES, INC.
014 B00AA04 8-14989
014 A00AA05 ZURICH CAPITAL MARKETS
014 B00AA05 8-49827
014 A00AA06 DELETE
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 16
019 C00AA00 SCUDDDAARP
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 C000001 0
022 D000001 0
022 C000002 0
022 D000002 0
022 C000003 0
022 D000003 0
022 C000004 0
022 D000004 0
<PAGE> PAGE 3
022 C000005 0
022 D000005 0
022 C000006 0
022 D000006 0
022 C000007 0
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 0
023 D000000 0
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
<PAGE> PAGE 4
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
045 00AA00 Y
046 00AA00 N
047 00AA00 N
048 00AA00 0.000
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
<PAGE> PAGE 5
054 N00AA00 N
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 2000
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
063 A00AA00 0
063 B00AA00 0.0
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 Y
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 Y
078 000000 N
<PAGE> PAGE 6
080 A00AA00 ICI MUTUAL INSURANCE COMPANY
080 B00AA00 NATIONAL UNION / CHUBB INSURANCE COMPANY
080 C00AA00 150000
081 A00AA00 Y
081 B00AA00 204
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
028 A010100 2635
028 A020100 0
028 A030100 0
028 A040100 3632
028 B010100 1611
028 B020100 0
028 B030100 0
028 B040100 3051
028 C010100 1849
028 C020100 0
028 C030100 0
028 C040100 2760
028 D010100 1534
028 D020100 1101
028 D030100 0
028 D040100 3416
028 E010100 782
028 E020100 0
028 E030100 0
028 E040100 3112
028 F010100 735
028 F020100 1042
028 F030100 0
028 F040100 2977
028 G010100 9146
028 G020100 2143
028 G030100 0
028 G040100 18948
028 H000100 0
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 N
066 E000100 Y
066 F000100 N
066 G000100 N
067 000100 N
068 A000100 N
<PAGE> PAGE 7
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 39072
071 B000100 21363
071 C000100 94812
071 D000100 23
072 A000100 12
072 B000100 0
072 C000100 0
072 D000100 0
072 E000100 5187
072 F000100 0
072 G000100 0
072 H000100 0
072 I000100 0
<PAGE> PAGE 8
072 J000100 0
072 K000100 0
072 L000100 0
072 M000100 0
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 0
072 S000100 0
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 1
072 X000100 1
072 Y000100 0
072 Z000100 5187
072AA000100 1745
072BB000100 0
072CC010100 0
072CC020100 2553
072DD010100 5113
072DD020100 0
072EE000100 1567
073 A010100 0.7900
073 A020100 0.0000
073 B000100 0.2500
073 C000100 0.0000
074 A000100 0
074 B000100 0
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 98800
074 J000100 100
074 K000100 0
074 L000100 9
074 M000100 0
074 N000100 98909
074 O000100 101
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 266
074 S000100 0
074 T000100 98542
<PAGE> PAGE 9
074 U010100 6299
074 U020100 0
074 V010100 15.64
074 V020100 0.00
074 W000100 0.0000
074 X000100 6284
074 Y000100 0
075 A000100 0
075 B000100 104716
076 000100 0.00
028 A010200 3692
028 A020200 0
028 A030200 0
028 A040200 6039
028 B010200 1907
028 B020200 0
028 B030200 0
028 B040200 3766
028 C010200 2805
028 C020200 0
028 C030200 0
028 C040200 4070
028 D010200 1598
028 D020200 0
028 D030200 0
028 D040200 3229
028 E010200 2053
028 E020200 0
028 E030200 0
028 E040200 3719
028 F010200 1453
028 F020200 0
028 F030200 0
028 F040200 3737
028 G010200 13508
028 G020200 0
028 G030200 0
028 G040200 24560
028 H000200 0
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 Y
066 E000200 N
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
<PAGE> PAGE 10
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 43617
071 B000200 45045
071 C000200 136901
071 D000200 32
072 A000200 12
072 B000200 0
072 C000200 0
072 D000200 0
072 E000200 4167
072 F000200 0
072 G000200 0
072 H000200 0
072 I000200 0
072 J000200 0
072 K000200 0
072 L000200 0
<PAGE> PAGE 11
072 M000200 0
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 0
072 S000200 0
072 T000200 0
072 U000200 0
072 V000200 0
072 W000200 1
072 X000200 1
072 Y000200 0
072 Z000200 4167
072AA000200 4971
072BB000200 0
072CC010200 5382
072CC020200 0
072DD010200 3779
072DD020200 0
072EE000200 2343
073 A010200 0.5000
073 A020200 0.0000
073 B000200 0.3100
073 C000200 0.0000
074 A000200 0
074 B000200 0
074 C000200 0
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 132569
074 J000200 0
074 K000200 0
074 L000200 28
074 M000200 0
074 N000200 132597
074 O000200 0
074 P000200 0
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 19
074 S000200 0
074 T000200 132578
074 U010200 7258
074 U020200 0
074 V010200 18.27
<PAGE> PAGE 12
074 V020200 0.00
074 W000200 0.0000
074 X000200 11980
074 Y000200 0
075 A000200 0
075 B000200 139004
076 000200 0.00
SIGNATURE JOHN MILLETTE
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the AARP
Diversified Income with Growth Annual Report for the fiscal year ended 9/30/1999
and is qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 1
<NAME> AARP Diversified Income with Growth Fund
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-START> OCT-01-1998
<PERIOD-END> SEP-30-1999
<INVESTMENTS-AT-COST> 101,634,364
<INVESTMENTS-AT-VALUE> 98,799,937
<RECEIVABLES> 108,735
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 98,908,672
<PAYABLE-FOR-SECURITIES> 100,808
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 265,847
<TOTAL-LIABILITIES> 366,655
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 99,921,661
<SHARES-COMMON-STOCK> 6,299,112
<SHARES-COMMON-PRIOR> 6,114,823
<ACCUMULATED-NII-CURRENT> 98,224
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,356,559
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (2,834,427)
<NET-ASSETS> 98,542,017
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 5,186,587
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 5,186,587
<REALIZED-GAINS-CURRENT> 1,744,959
<APPREC-INCREASE-CURRENT> (2,552,929)
<NET-CHANGE-FROM-OPS> 4,378,617
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,113,144)
<DISTRIBUTIONS-OF-GAINS> (1,566,830)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 33,905,157
<NUMBER-OF-SHARES-REDEEMED> (36,538,516)
<SHARES-REINVESTED> 5,641,186
<NET-CHANGE-IN-ASSETS> 706,470
<ACCUMULATED-NII-PRIOR> 25,142
<ACCUMULATED-GAINS-PRIOR> 1,178,069
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 104,715,714
<PER-SHARE-NAV-BEGIN> 16.00
<PER-SHARE-NII> 0.80
<PER-SHARE-GAIN-APPREC> (0.12)
<PER-SHARE-DIVIDEND> (0.79)
<PER-SHARE-DISTRIBUTIONS> (0.25)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 15.64
<EXPENSE-RATIO> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the AARP
Diversified Growth Fund Annual Report for the fiscal year ended 9/30/1999 and is
qualified in its entirety by reference to such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 2
<NAME> AARP Diversified Growth Fuhnd
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-START> OCT-01-1998
<PERIOD-END> SEP-30-1999
<INVESTMENTS-AT-COST> 131,592,621
<INVESTMENTS-AT-VALUE> 132,568,744
<RECEIVABLES> 28,004
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 132,596,748
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 18,331
<TOTAL-LIABILITIES> 18,331
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 124,016,259
<SHARES-COMMON-STOCK> 7,257,853
<SHARES-COMMON-PRIOR> 7,580,420
<ACCUMULATED-NII-CURRENT> 2,600,431
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4,985,604
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 976,123
<NET-ASSETS> 132,578,417
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> 4,166,642
<EXPENSES-NET> 0
<NET-INVESTMENT-INCOME> 4,166,642
<REALIZED-GAINS-CURRENT> 4,971,323
<APPREC-INCREASE-CURRENT> 5,381,702
<NET-CHANGE-FROM-OPS> 14,519,667
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,778,884)
<DISTRIBUTIONS-OF-GAINS> (2,343,052)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 40,726,826
<NUMBER-OF-SHARES-REDEEMED> (52,812,859)
<SHARES-REINVESTED> 5,933,391
<NET-CHANGE-IN-ASSETS> 2,245,089
<ACCUMULATED-NII-PRIOR> 2,556,239
<ACCUMULATED-GAINS-PRIOR> 2,013,766
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 139,004,420
<PER-SHARE-NAV-BEGIN> 17.19
<PER-SHARE-NII> 0.55
<PER-SHARE-GAIN-APPREC> 1.34
<PER-SHARE-DIVIDEND> (0.50)
<PER-SHARE-DISTRIBUTIONS> (0.31)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 18.27
<EXPENSE-RATIO> 0.00
</TABLE>
REPORT OF INDEPENDENT ACCOUNTANTS
To the Shareholders and Trustees of AARP Managed Investment Portfolios Trust:
In planning and performing our audit of the financial statements of AARP Managed
Investment Portfolios Trust (the "Trust"), for the year ended September 30,
1999, we considered its internal control, including control activities for
safeguarding securities, in order to determine our auditing procedures for the
purpose of expressing our opinion on the financial statements and to comply with
the requirements of Form N-SAR, not to provide assurance on internal control.
The management of the Trust is responsible for establishing and maintaining
internal control. In fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and related costs of
controls. Generally, controls that are relevant to an audit pertain to the
entity's objective of preparing financial statements for external purposes that
are fairly presented in conformity with generally accepted accounting
principles. Those controls include the safeguarding of assets against
unauthorized acquisition, use, or disposition.
Because of inherent limitations in internal control, errors or fraud may occur
and not be detected. Also, projection of any evaluation of internal control to
future periods is subject to the risk that controls may become inadequate
because of changes in conditions or that the effectiveness of the design and
operation may deteriorate.
Our consideration of internal control would not necessarily disclose all matters
in internal control that might be material weaknesses under standards
established by the American Institute of Certified Public Accountants. A
material weakness is a condition in which the design or operation of one or more
of the internal control components does not reduce to a relatively low level the
risk that misstatements caused by error or fraud in amounts that would be
material in relation to the financial statements being audited may occur and not
be detected within a timely period by employees in the normal course of
performing their assigned functions. However, we noted no matters involving
internal control and its operation, including controls for safeguarding
securities, that we consider to be material weaknesses as defined above as of
September 30, 1999.
This report is intended solely for the information and use of the Trustees,
management, and the Securities and Exchange Commission and is not intended to be
and should not be used by anyone other than the specified parties.
/s/PricewaterhouseCoopers LLP
November 8, 1999
