<PAGE> PAGE 1
000 A000000 10/31/97
000 C000000 000811869
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 THE AAL MUTUAL FUNDS
001 B000000 811-5075
001 C000000 9207345721
002 A000000 222 WEST COLLEGE AVENUE
002 B000000 APPLETON
002 C000000 WI
002 D010000 54919
002 D020000 0007
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 11
007 C010100 1
007 C020100 THE AAL CAPITAL GROWTH FUND
007 C030100 N
007 C010200 2
007 C020200 THE AAL BOND FUND
007 C030200 N
007 C010300 3
007 C020300 THE AAL MUNICIPAL BOND FUND
007 C030300 N
007 C010400 4
007 C020400 THE AAL MONEY MARKET FUND
007 C030400 N
007 C010500 5
007 C020500 THE AAL US GOVT. ZERO COUPON BOND SERIES 2001
007 C030500 N
007 C010600 6
007 C020600 THE AAL US GOVT. ZERO COUPON BOND SERIES 2006
007 C030600 N
007 C010700 7
007 C020700 THE AAL MID CAP FUND
007 C030700 N
007 C010800 8
007 C020800 THE AAL EQUITY INCOME FUND
007 C030800 N
007 C010900 9
007 C020900 THE AAL INTERNATIONAL FUND
007 C030900 N
007 C011000 10
<PAGE> PAGE 2
007 C021000 THE AAL SMALL CAP FUND
007 C031000 N
007 C011100 11
007 C021100 THE AAL HIGH YIELD BOND FUND
007 C031100 N
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
011 A00AA01 AAL CAPITAL MANAGEMENT CORPORATION
011 B00AA01 8-36525
011 C01AA01 APPLETON
011 C02AA01 WI
011 C03AA01 54919
011 C04AA01 0007
012 A00AA01 FIRSTAR TRUST COMPANY
012 B00AA01 84-00410
012 C01AA01 MILWAUKEE
012 C02AA01 WI
012 C03AA01 53201
012 C04AA01 2981
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 MILWAUKEE
013 B02AA01 WI
013 B03AA01 53202
014 A00AA01 AAL CAPITAL MANAGEMENT CORPORATION
014 B00AA01 8-36525
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 LEHMAN BROTHERS INC.
020 B000001 13-2518466
020 C000001 145
020 A000002 PAINEWEBBER INCORPORATED
020 B000002 13-2638166
020 C000002 134
020 A000003 INSTINET CORPORATION
020 B000003 13-3443395
020 C000003 122
020 A000004 BRIDGE TRADING COMPANY
020 B000004 43-1450530
020 C000004 93
020 A000005 WEEDEN & CO. L.P.
020 B000005 13-3364318
020 C000005 93
020 A000006 MORGAN STANLEY DEAN WITTER DISCOVER
<PAGE> PAGE 3
020 B000006 13-2655998
020 C000006 68
020 A000007 BEAR, STEARNS & CO.
020 B000007 13-3299429
020 C000007 65
020 A000008 NATIONS BANK MONTGOMERY SECURITIES
020 B000008 94-1701676
020 C000008 58
020 A000009 BT ALEX BROWN, INC.
020 B000009 52-1319768
020 C000009 54
020 A000010 UBS SECURITIES INC.
020 B000010 13-2932996
020 C000010 53
021 000000 1609
022 A000001 MERRILL LYNCH CAPITAL MARKETS
022 B000001 13-5674085
022 C000001 3361764
022 D000001 359608
022 A000002 FIRSTAR TRUST COMPANY
022 B000002 39-0281260
022 C000002 419601
022 D000002 446105
022 A000003 LEHMAN BROTHERS INC.
022 B000003 13-2518466
022 C000003 276536
022 D000003 233463
022 A000004 GOLDMAN, SACHS & CO.
022 B000004 13-5108880
022 C000004 323861
022 D000004 78979
022 A000005 CS FIRST BOSTON
022 B000005 13-5659485
022 C000005 82330
022 D000005 64183
022 A000006 SALOMON BROTHERS INC.
022 B000006 13-3082694
022 C000006 64010
022 D000006 68582
022 A000007 COWEN & COMPANY
022 B000007 13-5616116
022 C000007 73966
022 D000007 51081
022 A000008 PAINEWEBBER INCORPORATED
022 B000008 13-2638166
022 C000008 48628
022 D000008 70227
022 A000009 MORGAN (J.P.) SECURITIES INC.
022 B000009 13-3224016
022 C000009 48639
022 D000009 48360
<PAGE> PAGE 4
022 A000010 ABN AMRO SECURITIES, INC.
022 B000010 13-3227945
022 C000010 45106
022 D000010 34272
023 C000000 5523936
023 D000000 1874051
026 A000000 N
026 B000000 Y
026 C000000 N
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026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
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
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 N
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 1000
075 A000000 0
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077 H000000 N
<PAGE> PAGE 5
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 Q020000 N
077 Q030000 N
078 000000 N
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008 A000101 AAL CAPITAL MANAGEMENT CORPORATION
008 B000101 A
008 C000101 801-29618
008 D010101 APPLETON
008 D020101 WI
008 D030101 54919
008 D040101 0007
015 A000101 FIRSTAR TRUST COMPANY
015 B000101 C
015 C010101 MILWAUKEE
015 C020101 WI
015 C030101 53201
015 C040101 2981
015 E010101 X
024 000100 Y
025 A000101 TRAVELERS GROUP, INC.
025 C000101 E
025 D000101 30086
025 A000102 J.P. MORGAN & COMPANY
025 C000102 E
025 D000102 24968
025 A000103 NATIONSBANK CORPORATION
025 C000103 E
<PAGE> PAGE 6
025 D000103 35003
025 A000104 MERRILL LYNCH & CO. INC.
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033 000100 1945
034 000100 Y
035 000100 3
036 A000100 Y
036 B000100 0
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038 000100 0
<PAGE> PAGE 7
039 000100 Y
040 000100 Y
041 000100 Y
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 100
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048 J020100 0.000
048 K010100 1000000
048 K020100 0.005
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 N
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<PAGE> PAGE 8
062 H000100 0.0
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066 A000100 Y
066 B000100 N
066 C000100 Y
066 D000100 N
066 E000100 N
066 F000100 N
066 G000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 N
070 B010100 Y
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070 C020100 N
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070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 Y
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
<PAGE> PAGE 9
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 Y
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<PAGE> PAGE 10
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008 A000201 AAL CAPITAL MANAGEMENT CORPORATION
008 B000201 A
008 C000201 801-29618
008 D010201 APPLETON
008 D020201 WI
008 D030201 54919
008 D040201 0007
015 A000201 FIRSTAR TRUST COMPANY
015 B000201 C
015 C010201 MILWAUKEE
015 C020201 WI
015 C030201 53201
015 C040201 2981
015 E010201 X
024 000200 Y
025 A000201 SALOMAN BROTHERS
025 C000201 D
025 D000201 5060
025 A000202 MERRILL LYNCH & CO. INC.
<PAGE> PAGE 11
025 C000202 D
025 D000202 8603
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<PAGE> PAGE 12
039 000200 Y
040 000200 Y
041 000200 Y
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050 000200 N
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<PAGE> PAGE 13
062 H000200 0.0
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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008 A000301 AAL CAPITAL MANAGEMENT CORPORATION
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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030 C000800 0.00
031 A000800 116
031 B000800 0
032 000800 0
033 000800 154
034 000800 Y
035 000800 2
036 A000800 Y
036 B000800 0
037 000800 N
038 000800 0
039 000800 Y
040 000800 Y
041 000800 Y
042 A000800 0
042 B000800 0
042 C000800 0
042 D000800 100
042 E000800 0
042 F000800 0
042 G000800 0
042 H000800 0
043 000800 181
044 000800 0
045 000800 Y
046 000800 N
047 000800 Y
048 000800 0.000
048 A010800 250000
048 A020800 0.005
048 B010800 0
048 B020800 0.000
048 C010800 0
048 C020800 0.000
048 D010800 0
048 D020800 0.000
048 E010800 0
048 E020800 0.000
048 F010800 0
048 F020800 0.000
048 G010800 0
048 G020800 0.000
048 H010800 0
048 H020800 0.000
<PAGE> PAGE 42
048 I010800 0
048 I020800 0.000
048 J010800 0
048 J020800 0.000
048 K010800 250000
048 K020800 0.004
049 000800 N
050 000800 N
051 000800 N
052 000800 N
053 A000800 N
062 A000800 N
062 B000800 0.0
062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 0.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
063 A000800 0
063 B000800 0.0
066 A000800 Y
066 B000800 N
066 C000800 N
066 D000800 N
066 E000800 Y
066 F000800 N
066 G000800 N
067 000800 N
068 A000800 N
068 B000800 N
069 000800 N
070 A010800 Y
070 A020800 N
070 B010800 Y
070 B020800 N
070 C010800 Y
070 C020800 N
070 D010800 Y
070 D020800 N
070 E010800 Y
<PAGE> PAGE 43
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 Y
070 I020800 N
070 J010800 N
070 J020800 N
070 K010800 Y
070 K020800 Y
070 L010800 Y
070 L020800 N
070 M010800 N
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 Y
070 P020800 N
070 Q010800 Y
070 Q020800 N
070 R010800 Y
070 R020800 N
071 A000800 43624
071 B000800 49189
071 C000800 137376
071 D000800 32
072 A000800 6
072 B000800 454
072 C000800 2537
072 D000800 0
072 E000800 0
072 F000800 368
072 G000800 0
072 H000800 0
072 I000800 171
072 J000800 4
072 K000800 10
072 L000800 8
072 M000800 3
072 N000800 17
072 O000800 0
072 P000800 0
072 Q000800 20
072 R000800 6
072 S000800 6
072 T000800 187
<PAGE> PAGE 44
072 U000800 5
072 V000800 0
072 W000800 2
072 X000800 807
072 Y000800 0
072 Z000800 2184
072AA000800 5942
072BB000800 0
072CC010800 6471
072CC020800 0
072DD010800 2076
072DD020800 0
072EE000800 0
073 A010800 0.1750
073 A020800 0.1450
073 B000800 0.0000
073 C000800 0.0000
074 A000800 56
074 B000800 0
074 C000800 8607
074 D000800 6709
074 E000800 0
074 F000800 131402
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 7212
074 K000800 0
074 L000800 640
074 M000800 54
074 N000800 154680
074 O000800 3063
074 P000800 102
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 62
074 S000800 0
074 T000800 151453
074 U010800 12106
074 U020800 112
074 V010800 12.39
074 V020800 12.41
074 W000800 0.0000
074 X000800 19422
074 Y000800 0
075 A000800 0
075 B000800 145831
076 000800 0.00
008 A000901 AAL CAPITAL MANAGEMENT CORPORATION
<PAGE> PAGE 45
008 B000901 A
008 C000901 801-29618
008 D010901 APPLETON
008 D020901 WI
008 D030901 54919
008 D040901 0007
008 A000902 SOCIETE GENERALE ASSET MANAGEMENT CORPORATION
008 B000902 S
008 C000902 801-36486
008 D010902 NEW YORK
008 D020902 NY
008 D030902 10020
015 A000901 THE CHASE MANHATTAN BANK, N.A.
015 B000901 C
015 C010901 BROOKLYN
015 C020901 NY
015 C030901 11245
015 E010901 X
024 000900 Y
025 A000901 MERRILL LYNCH & CO. INC.
025 C000901 D
025 D000901 6671
025 D000902 0
025 D000903 0
025 D000904 0
025 D000905 0
025 D000906 0
025 D000907 0
025 D000908 0
028 A010900 4723
028 A020900 0
028 A030900 0
028 A040900 908
028 B010900 5100
028 B020900 0
028 B030900 0
028 B040900 776
028 C010900 5211
028 C020900 0
028 C030900 0
028 C040900 1846
028 D010900 5461
028 D020900 0
028 D030900 0
028 D040900 1321
028 E010900 4920
028 E020900 0
028 E030900 0
028 E040900 1405
028 F010900 4826
028 F020900 0
<PAGE> PAGE 46
028 F030900 0
028 F040900 2352
028 G010900 30241
028 G020900 0
028 G030900 0
028 G040900 8608
028 H000900 18106
029 000900 Y
030 A000900 609
030 B000900 4.00
030 C000900 0.00
031 A000900 255
031 B000900 0
032 000900 0
033 000900 354
034 000900 Y
035 000900 1
036 A000900 Y
036 B000900 0
037 000900 N
038 000900 0
039 000900 Y
040 000900 Y
041 000900 Y
042 A000900 0
042 B000900 0
042 C000900 0
042 D000900 100
042 E000900 0
042 F000900 0
042 G000900 0
042 H000900 0
043 000900 180
044 000900 0
045 000900 Y
046 000900 N
047 000900 Y
048 000900 1.000
048 A010900 0
048 A020900 0.000
048 B010900 0
048 B020900 0.000
048 C010900 0
048 C020900 0.000
048 D010900 0
048 D020900 0.000
048 E010900 0
048 E020900 0.000
048 F010900 0
048 F020900 0.000
048 G010900 0
<PAGE> PAGE 47
048 G020900 0.000
048 H010900 0
048 H020900 0.000
048 I010900 0
048 I020900 0.000
048 J010900 0
048 J020900 0.000
048 K010900 0
048 K020900 0.000
049 000900 N
050 000900 N
051 000900 N
052 000900 N
053 A000900 N
062 A000900 N
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
063 A000900 0
063 B000900 0.0
066 A000900 Y
066 B000900 N
066 C000900 Y
066 D000900 N
066 E000900 N
066 F000900 N
066 G000900 N
067 000900 N
068 A000900 N
068 B000900 Y
069 000900 N
070 A010900 Y
070 A020900 N
070 B010900 Y
070 B020900 N
070 C010900 Y
070 C020900 N
<PAGE> PAGE 48
070 D010900 Y
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 Y
070 I020900 N
070 J010900 N
070 J020900 N
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 Y
070 M020900 Y
070 N010900 Y
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 Y
070 Q020900 N
070 R010900 Y
070 R020900 Y
071 A000900 25789
071 B000900 13931
071 C000900 112412
071 D000900 12
072 A000900 6
072 B000900 955
072 C000900 1333
072 D000900 0
072 E000900 0
072 F000900 692
072 G000900 0
072 H000900 0
072 I000900 260
072 J000900 101
072 K000900 25
072 L000900 18
072 M000900 3
072 N000900 24
072 O000900 0
072 P000900 0
072 Q000900 36
<PAGE> PAGE 49
072 R000900 12
072 S000900 3
072 T000900 189
072 U000900 7
072 V000900 0
072 W000900 5
072 X000900 1375
072 Y000900 0
072 Z000900 913
072AA000900 7407
072BB000900 0
072CC010900 0
072CC020900 9046
072DD010900 0
072DD020900 0
072EE000900 0
073 A010900 0.0000
073 A020900 0.0000
073 B000900 0.0000
073 C000900 0.0000
074 A000900 81
074 B000900 0
074 C000900 27795
074 D000900 9574
074 E000900 9278
074 F000900 93018
074 G000900 0
074 H000900 0
074 I000900 45153
074 J000900 387
074 K000900 0
074 L000900 406
074 M000900 112
074 N000900 185804
074 O000900 45826
074 P000900 169
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 144
074 S000900 0
074 T000900 139665
074 U010900 11749
074 U020900 498
074 V010900 11.41
074 V020900 11.33
074 W000900 0.0000
074 X000900 31660
074 Y000900 0
075 A000900 0
<PAGE> PAGE 50
075 B000900 137267
076 000900 0.00
008 A001001 AAL CAPITAL MANAGEMENT CORPORATION
008 B001001 A
008 C001001 801-29618
008 D011001 APPLETON
008 D021001 WI
008 D031001 54919
008 D041001 0007
015 A001001 FIRSTAR TRUST COMPANY
015 B001001 C
015 C011001 MILWAUKEE
015 C021001 WI
015 C031001 53201
015 C041001 2981
015 E011001 X
024 001000 N
025 D001001 0
025 D001002 0
025 D001003 0
025 D001004 0
025 D001005 0
025 D001006 0
025 D001007 0
025 D001008 0
028 A011000 3671
028 A021000 0
028 A031000 0
028 A041000 386
028 B011000 4561
028 B021000 0
028 B031000 0
028 B041000 489
028 C011000 4532
028 C021000 0
028 C031000 0
028 C041000 534
028 D011000 4989
028 D021000 0
028 D031000 0
028 D041000 511
028 E011000 5991
028 E021000 0
028 E031000 0
028 E041000 541
028 F011000 8351
028 F021000 0
028 F031000 0
028 F041000 1073
028 G011000 32095
028 G021000 0
<PAGE> PAGE 51
028 G031000 0
028 G041000 3534
028 H001000 21229
029 001000 Y
030 A001000 613
030 B001000 4.00
030 C001000 0.00
031 A001000 254
031 B001000 0
032 001000 0
033 001000 359
034 001000 Y
035 001000 1
036 A001000 Y
036 B001000 0
037 001000 N
038 001000 0
039 001000 Y
040 001000 Y
041 001000 Y
042 A001000 0
042 B001000 0
042 C001000 0
042 D001000 100
042 E001000 0
042 F001000 0
042 G001000 0
042 H001000 0
043 001000 102
044 001000 0
045 001000 Y
046 001000 N
047 001000 Y
048 001000 0.000
048 A011000 200000
048 A021000 0.007
048 B011000 0
048 B021000 0.000
048 C011000 0
048 C021000 0.000
048 D011000 0
048 D021000 0.000
048 E011000 0
048 E021000 0.000
048 F011000 0
048 F021000 0.000
048 G011000 0
048 G021000 0.000
048 H011000 0
048 H021000 0.000
048 I011000 0
<PAGE> PAGE 52
048 I021000 0.000
048 J011000 0
048 J021000 0.000
048 K011000 200000
048 K021000 0.006
049 001000 N
050 001000 N
051 001000 N
052 001000 N
053 A001000 N
062 A001000 N
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
062 H001000 0.0
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.0
062 M001000 0.0
062 N001000 0.0
062 O001000 0.0
062 P001000 0.0
062 Q001000 0.0
062 R001000 0.0
063 A001000 0
063 B001000 0.0
066 A001000 Y
066 B001000 N
066 C001000 Y
066 D001000 N
066 E001000 N
066 F001000 N
066 G001000 N
067 001000 N
068 A001000 N
068 B001000 N
069 001000 N
070 A011000 Y
070 A021000 N
070 B011000 Y
070 B021000 N
070 C011000 N
070 C021000 N
070 D011000 Y
070 D021000 N
070 E011000 Y
070 E021000 N
<PAGE> PAGE 53
070 F011000 Y
070 F021000 N
070 G011000 Y
070 G021000 N
070 H011000 Y
070 H021000 N
070 I011000 Y
070 I021000 N
070 J011000 N
070 J021000 N
070 K011000 Y
070 K021000 N
070 L011000 Y
070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 Y
070 P021000 N
070 Q011000 Y
070 Q021000 N
070 R011000 Y
070 R021000 N
071 A001000 69268
071 B001000 42246
071 C001000 71771
071 D001000 59
072 A001000 6
072 B001000 74
072 C001000 171
072 D001000 0
072 E001000 0
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072 G001000 0
072 H001000 0
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072 J001000 6
072 K001000 14
072 L001000 10
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072 U001000 4
<PAGE> PAGE 54
072 V001000 0
072 W001000 4
072 X001000 669
072 Y001000 0
072 Z001000 -424
072AA001000 6014
072BB001000 0
072CC011000 0
072CC021000 13712
072DD011000 0
072DD021000 0
072EE001000 0
073 A011000 0.0000
073 A021000 0.0000
073 B001000 0.0000
073 C001000 0.0000
074 A001000 384
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074 C001000 1392
074 D001000 0
074 E001000 0
074 F001000 93541
074 G001000 0
074 H001000 0
074 I001000 0
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074 K001000 0
074 L001000 35
074 M001000 91
074 N001000 97144
074 O001000 1204
074 P001000 95
074 Q001000 0
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074 R021000 0
074 R031000 0
074 R041000 100
074 S001000 0
074 T001000 95745
074 U011000 6461
074 U021000 655
074 V011000 13.46
074 V021000 13.38
074 W001000 0.0000
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074 Y001000 0
075 A001000 0
075 B001000 74270
076 001000 0.00
008 A001101 AAL CAPITAL MANAGEMENT CORPORATION
008 B001101 A
<PAGE> PAGE 55
008 C001101 801-29618
008 D011101 APPLETON
008 D021101 WI
008 D031101 54919
008 D041101 0007
015 A001101 FIRSTAR TRUST COMPANY
015 B001101 C
015 C011101 MILWAUKEE
015 C021101 WI
015 C031101 53201
015 C041101 2981
015 E011101 X
024 001100 N
025 D001101 0
025 D001102 0
025 D001103 0
025 D001104 0
025 D001105 0
025 D001106 0
025 D001107 0
025 D001108 0
028 A011100 6649
028 A021100 167
028 A031100 0
028 A041100 425
028 B011100 6866
028 B021100 210
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028 B041100 328
028 C011100 7339
028 C021100 249
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028 C041100 191
028 D011100 7065
028 D021100 263
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028 E011100 8234
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028 G011100 45045
028 G021100 1583
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028 G041100 2547
028 H001100 30453
029 001100 Y
<PAGE> PAGE 56
030 A001100 779
030 B001100 4.00
030 C001100 0.00
031 A001100 327
031 B001100 0
032 001100 0
033 001100 452
034 001100 Y
035 001100 2
036 A001100 Y
036 B001100 0
037 001100 N
038 001100 0
039 001100 Y
040 001100 Y
041 001100 Y
042 A001100 0
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042 D001100 100
042 E001100 0
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042 H001100 0
043 001100 92
044 001100 0
045 001100 Y
046 001100 N
047 001100 Y
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048 D021100 0.000
048 E011100 0
048 E021100 0.000
048 F011100 0
048 F021100 0.000
048 G011100 0
048 G021100 0.000
048 H011100 0
048 H021100 0.000
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048 I021100 0.000
048 J011100 0
048 J021100 0.000
048 K011100 0
<PAGE> PAGE 57
048 K021100 0.000
049 001100 N
050 001100 N
051 001100 N
052 001100 N
053 A001100 Y
053 B001100 Y
053 C001100 N
062 A001100 Y
062 B001100 0.0
062 C001100 0.0
062 D001100 0.0
062 E001100 0.0
062 F001100 0.0
062 G001100 0.0
062 H001100 0.0
062 I001100 0.0
062 J001100 0.0
062 K001100 0.0
062 L001100 3.6
062 M001100 0.0
062 N001100 0.0
062 O001100 0.0
062 P001100 96.2
062 Q001100 0.0
062 R001100 0.0
063 A001100 0
063 B001100 8.0
064 A001100 Y
064 B001100 N
066 A001100 N
067 001100 N
068 A001100 N
068 B001100 N
069 001100 N
070 A011100 Y
070 A021100 N
070 B011100 Y
070 B021100 N
070 C011100 Y
070 C021100 N
070 D011100 Y
070 D021100 N
070 E011100 Y
070 E021100 N
070 F011100 Y
070 F021100 N
070 G011100 Y
070 G021100 N
070 H011100 Y
070 H021100 N
<PAGE> PAGE 58
070 I011100 N
070 I021100 N
070 J011100 Y
070 J021100 Y
070 K011100 Y
070 K021100 N
070 L011100 Y
070 L021100 Y
070 M011100 Y
070 M021100 N
070 N011100 Y
070 N021100 N
070 O011100 Y
070 O021100 N
070 P011100 N
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 Y
070 R021100 N
071 A001100 77816
071 B001100 34571
071 C001100 67210
071 D001100 51
072 A001100 6
072 B001100 3489
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072 R001100 12
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072 U001100 3
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072 X001100 426
072 Y001100 61
072 Z001100 3124
072AA001100 1025
<PAGE> PAGE 59
072BB001100 0
072CC011100 1645
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072DD021100 0
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074 C001100 3370
074 D001100 89992
074 E001100 0
074 F001100 0
074 G001100 0
074 H001100 0
074 I001100 0
074 J001100 1971
074 K001100 0
074 L001100 2227
074 M001100 78
074 N001100 97867
074 O001100 3396
074 P001100 51
074 Q001100 0
074 R011100 0
074 R021100 0
074 R031100 0
074 R041100 327
074 S001100 0
074 T001100 94093
074 U011100 8477
074 U021100 601
074 V011100 10.36
074 V021100 10.37
074 W001100 0.0000
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075 A001100 0
075 B001100 69927
076 001100 0.00
SIGNATURE TERRANCE P. GALLAGHER
TITLE V.P. FIN OP
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 011
<NAME> THE AAL CAPITAL GROWTH FUND CLASS A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> OCT-31-1997
<INVESTMENTS-AT-COST> 1,398,654,873
<INVESTMENTS-AT-VALUE> 2,192,140,714
<RECEIVABLES> 1,520,552
<ASSETS-OTHER> 146,112
<OTHER-ITEMS-ASSETS> 743,463
<TOTAL-ASSETS> 2,194,550,841
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,223,874
<TOTAL-LIABILITIES> 2,223,874
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,298,338,939
<SHARES-COMMON-STOCK> 86,025,880
<SHARES-COMMON-PRIOR> 83,469,506
<ACCUMULATED-NII-CURRENT> 472,194
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 100,029,993
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 793,485,841
<NET-ASSETS> 2,192,326,967
<DIVIDEND-INCOME> 15,572,987
<INTEREST-INCOME> 183,670
<OTHER-INCOME> 0
<EXPENSES-NET> 10,473,611
<NET-INVESTMENT-INCOME> 5,283,046
<REALIZED-GAINS-CURRENT> 74,624,894
<APPREC-INCREASE-CURRENT> 234,492,683
<NET-CHANGE-FROM-OPS> 314,400,623
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,791,934)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,457,504
<NUMBER-OF-SHARES-REDEEMED> (3,099,719)
<SHARES-REINVESTED> 198,589
<NET-CHANGE-IN-ASSETS> 386,879,683
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