<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000809593
<NAME> AMERICAN AADVANTAGE SMALL CAP VALUE FUND-INST. CLASS
<SERIES>
<NUMBER> 061
<NAME> AMERICAN AADVANTAGE SMALL CAP VALUE FUND-INST. 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> 73138
<RECEIVABLES> 1
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 73139
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 94
<TOTAL-LIABILITIES> 94
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 78438
<SHARES-COMMON-STOCK> 481<F1>
<SHARES-COMMON-PRIOR> 233
<ACCUMULATED-NII-CURRENT> 396
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2367
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (8156)
<NET-ASSETS> 73045
<DIVIDEND-INCOME> 554
<INTEREST-INCOME> 237
<OTHER-INCOME> 18
<EXPENSES-NET> 243
<NET-INVESTMENT-INCOME> 566
<REALIZED-GAINS-CURRENT> 2429
<APPREC-INCREASE-CURRENT> (1037)
<NET-CHANGE-FROM-OPS> 1958
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 10
<DISTRIBUTIONS-OF-GAINS> 39
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 346
<NUMBER-OF-SHARES-REDEEMED> 104
<SHARES-REINVESTED> 6
<NET-CHANGE-IN-ASSETS> 6192
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 23
<AVERAGE-NET-ASSETS> 69371
<PER-SHARE-NAV-BEGIN> 9.07
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> .21
<PER-SHARE-DIVIDEND> .04
<PER-SHARE-DISTRIBUTIONS> .17
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.09
<EXPENSE-RATIO> .94
<FN>
<F1>INSTITUTIONAL CLASS. PER SHARE AMOUNTS ARE BY CLASS.
</FN>
</TABLE>
