<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000809593
<NAME> AMERICAN AADVANTAGE BALANCED FUND-AMR CLASS
<SERIES>
<NUMBER> 023
<NAME> AMERICAN AADVANTAGE BALANCED FUND-AMR CLASS
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 880473
<RECEIVABLES> 7
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 880480
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 850
<TOTAL-LIABILITIES> 850
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 879830
<SHARES-COMMON-STOCK> 52340<F1>
<SHARES-COMMON-PRIOR> 64600
<ACCUMULATED-NII-CURRENT> 11369
<ACCUMULATED-NII-PRIOR> 0
<OVERDISTRIBUTION-NII> 0
<OVERDISTRIB-NII-PRIOR> 0
<ACCUMULATED-NET-GAINS> (14210)
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIBUTION-GAINS> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<ACCUM-APPREC-OR-DEPREC> 2641
<NET-ASSETS> 879630
<DIVIDEND-INCOME> 7442
<INTEREST-INCOME> 13855
<OTHER-INCOME> 165
<EXPENSES-NET> 1815
<NET-INVESTMENT-INCOME> 19647
<REALIZED-GAINS-CURRENT> (13124)
<APPREC-INCREASE-CURRENT> (25617)
<NET-CHANGE-FROM-OPS> (19094)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 34604
<DISTRIBUTIONS-OF-GAINS> 49148
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3413
<NUMBER-OF-SHARES-REDEEMED> 23118
<SHARES-REINVESTED> 7445
<NET-CHANGE-IN-ASSETS> 123577
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 309
<AVERAGE-NET-ASSETS> 921672
<PER-SHARE-NAV-BEGIN> 13.02
<PER-SHARE-NII> .27
<PER-SHARE-GAIN-APPREC> (.49)
<PER-SHARE-DIVIDEND> .55
<PER-SHARE-DISTRIBUTIONS> .78
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.47
<EXPENSE-RATIO> .35
<FN>
<F1>AMR CLASS. PER SHARE AMOUNTS ARE BY CLASS.
</FN>
</TABLE>
