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SIGNATURE JOHN J. ARTHUR
TITLE SR VP & TREASURER
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information from the AIM Small
Cap Opportunities Fund Class A Shares January 31, 1999 semiannual report.
</LEGEND>
<CIK> 0001054647
<NAME> AIM SPECIAL OPPORTUNITIES FUNDS
<SERIES>
<NUMBER> 1
<NAME> AIM SMALL CAP OPPORTUNITIES FUND CLASS A SHARES
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUL-31-1999
<PERIOD-END> JAN-31-1999
<INVESTMENTS-AT-COST> 252955839
<INVESTMENTS-AT-VALUE> 321839034
<RECEIVABLES> 31511136
<ASSETS-OTHER> 4317627
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 357667797
<PAYABLE-FOR-SECURITIES> 10224141
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 60009231
<TOTAL-LIABILITIES> 70233372
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 238091945
<SHARES-COMMON-STOCK> 23696242
<SHARES-COMMON-PRIOR> 19656635
<ACCUMULATED-NII-CURRENT> (1520518)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (16903755)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 67766753
<NET-ASSETS> 287434425
<DIVIDEND-INCOME> 167362
<INTEREST-INCOME> 750743
<OTHER-INCOME> 0
<EXPENSES-NET> (2438000)
<NET-INVESTMENT-INCOME> (1519895)
<REALIZED-GAINS-CURRENT> (18121134)
<APPREC-INCREASE-CURRENT> 75058758
<NET-CHANGE-FROM-OPS> 55417729
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (151547)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8443722
<NUMBER-OF-SHARES-REDEEMED> (4446545)
<SHARES-REINVESTED> 12430
<NET-CHANGE-IN-ASSETS> 95610242
<ACCUMULATED-NII-PRIOR> 150924
<ACCUMULATED-GAINS-PRIOR> 1217379
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1106069
<INTEREST-EXPENSE> 177922
<GROSS-EXPENSE> 2450413
<AVERAGE-NET-ASSETS> 125157832
<PER-SHARE-NAV-BEGIN> 9.76
<PER-SHARE-NII> (0.04)
<PER-SHARE-GAIN-APPREC> 2.46
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.17
<EXPENSE-RATIO> 1.67
<AVG-DEBT-OUTSTANDING> 7092391
<AVG-DEBT-PER-SHARE> 0.299
</TABLE>
