<PAGE> PAGE 1
000 B000000 04/30/98
000 C000000 000811869
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
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 12
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 C021200 THE AAL BALANCED FUND
007 C031200 N
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 282
020 A000002 PAINEWEBBER INCORPORATED
020 B000002 13-2638166
020 C000002 242
020 A000003 INSTINET CORPORATION
020 B000003 13-3443395
020 C000003 225
020 A000004 MORGAN STANLEY DEAN WITTER DICSOVER
020 B000004 13-2655998
020 C000004 132
020 A000005 BRIDGE TRADING COMPANY
020 B000005 43-1450530
<PAGE> PAGE 3
020 C000005 130
020 A000006 WEEDEN & CO. L.P.
020 B000006 13-3364318
020 C000006 110
020 A000007 NATIONS BANK MONTGOMERY SECURITIES
020 B000007 94-1701676
020 C000007 100
020 A000008 COWEN & COMPANY
020 B000008 13-5616116
020 C000008 99
020 A000009 BEAR, STEARNS & CO.
020 B000009 13-3299429
020 C000009 90
020 A000010 BT ALEX BROWN, INC.
020 B000010 13-3299429
020 C000010 88
021 000000 2782
022 A000001 MERRILL LYNCH CAPITAL MARKETS
022 B000001 13-5674085
022 C000001 5634836
022 D000001 86521
022 A000002 FIRSTAR TRUST COMPANY
022 B000002 39-0281260
022 C000002 818902
022 D000002 788559
022 A000003 CHASE SECURITIES, INC.
022 B000003 13-3379014
022 C000003 86613
022 D000003 98202
022 A000004 CHASE GLOBAL
022 C000004 127307
022 D000004 39613
022 A000005 LEHMAN BROTHERS INC.
022 B000005 13-2518466
022 C000005 87509
022 D000005 18946
022 A000006 ABN AMRO SECURITIES, INC.
022 B000006 13-3227945
022 C000006 56494
022 D000006 45265
022 A000007 ASSOCIATES CORPORATIONS
022 B000007 74-1494554
022 C000007 78641
022 D000007 0
022 A000008 UBS SECURITIES
022 B000008 13-2932996
022 C000008 31157
022 D000008 42618
022 A000009 HUTCHINSON, SHOCKEY
022 B000009 36-2355753
022 C000009 34937
<PAGE> PAGE 4
022 D000009 18905
022 A000010 WHEAT FIRST BUTCHER
022 B000010 56-1529080
022 C000010 19993
022 D000010 19438
023 C000000 7608482
023 D000000 1414131
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
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
077 A000000 Y
077 B000000 Y
077 C000000 Y
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
<PAGE> PAGE 5
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 N
078 000000 N
080 C00AA00 2500
081 A00AA00 N
081 B00AA00 0
082 A00AA00 Y
082 B00AA00 10
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 N
085 B00AA00 N
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 39448
025 A000102 J.P. MORGAN & COMPANY
025 C000102 E
025 D000102 49547
025 A000103 NATIONSBANK CORPORATION
025 C000103 E
025 D000103 44283
025 A000104 MERRILL LYNCH & CO. INC.
025 C000104 D
025 D000104 72711
025 D000105 0
025 D000106 0
025 D000107 0
<PAGE> PAGE 6
025 D000108 0
028 A010100 22765
028 A020100 0
028 A030100 0
028 A040100 9516
028 B010100 29817
028 B020100 101487
028 B030100 0
028 B040100 13421
028 C010100 29441
028 C020100 5
028 C030100 0
028 C040100 15340
028 D010100 34001
028 D020100 0
028 D030100 0
028 D040100 15922
028 E010100 48116
028 E020100 0
028 E030100 0
028 E040100 20945
028 F010100 49894
028 F020100 0
028 F030100 0
028 F040100 22682
028 G010100 214034
028 G020100 101492
028 G030100 0
028 G040100 97826
028 H000100 154280
029 000100 Y
030 A000100 8229
030 B000100 4.00
030 C000100 0.00
031 A000100 3712
031 B000100 0
032 000100 0
033 000100 4517
034 000100 Y
035 000100 12
036 A000100 Y
036 B000100 0
037 000100 N
038 000100 0
039 000100 Y
040 000100 Y
041 000100 Y
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 100
<PAGE> PAGE 7
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 5965
044 000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.000
048 A010100 250000
048 A020100 0.007
048 B010100 250000
048 B020100 0.007
048 C010100 500000
048 C020100 0.006
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
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
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
<PAGE> PAGE 8
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
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
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 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
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 Y
070 Q020100 N
070 R010100 Y
070 R020100 N
<PAGE> PAGE 9
071 A000100 489194
071 B000100 394294
071 C000100 2195017
071 D000100 18
072 A000100 12
072 B000100 5514
072 C000100 25735
072 D000100 0
072 E000100 0
072 F000100 12743
072 G000100 0
072 H000100 0
072 I000100 3298
072 J000100 125
072 K000100 151
072 L000100 133
072 M000100 11
072 N000100 168
072 O000100 0
072 P000100 0
072 Q000100 42
072 R000100 23
072 S000100 4
072 T000100 5965
072 U000100 0
072 V000100 0
072 W000100 28
072 X000100 22691
072 Y000100 0
072 Z000100 8558
072AA000100 125442
072BB000100 17564
072CC010100 714923
072CC020100 0
072DD010100 7151
072DD020100 18
072EE000100 100032
073 A010100 0.0000
073 A020100 0.0000
073 B000100 1.1387
073 C000100 0.0000
074 A000100 610
074 B000100 0
074 C000100 165514
074 D000100 0
074 E000100 0
074 F000100 2675342
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
<PAGE> PAGE 10
074 K000100 0
074 L000100 1870
074 M000100 73
074 N000100 2843409
074 O000100 16463
074 P000100 1927
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 424
074 S000100 0
074 T000100 2824595
074 U010100 0
074 U020100 0
074 V010100 0.00
074 V020100 0.00
074 W000100 0.0000
074 X000100 206897
074 Y000100 0
075 A000100 0
075 B000100 2299095
076 000100 0.00
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 EQUITABLE COMPANIES INC.
025 C000202 D
025 D000202 4978
025 A000203 LEHMAN BROTHERS HOLDINGS, INC.
025 C000203 D
025 D000203 7976
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
<PAGE> PAGE 11
025 D000208 0
028 A010200 2522
028 A020200 1316
028 A030200 0
028 A040200 3842
028 B010200 3478
028 B020200 1523
028 B030200 0
028 B040200 4944
028 C010200 27234
028 C020200 1473
028 C030200 0
028 C040200 28929
028 D010200 3772
028 D020200 1443
028 D030200 0
028 D040200 5383
028 E010200 6999
028 E020200 1254
028 E030200 0
028 E040200 6476
028 F010200 4145
028 F020200 1311
028 F030200 0
028 F040200 6952
028 G010200 48150
028 G020200 8320
028 G030200 0
028 G040200 56526
028 H000200 12026
029 000200 Y
030 A000200 555
030 B000200 4.00
030 C000200 0.00
031 A000200 249
031 B000200 0
032 000200 0
033 000200 306
034 000200 Y
035 000200 0
036 A000200 Y
036 B000200 0
037 000200 N
038 000200 0
039 000200 Y
040 000200 Y
041 000200 Y
042 A000200 0
042 B000200 0
042 C000200 0
042 D000200 100
<PAGE> PAGE 12
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
043 000200 948
044 000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.000
048 A010200 250000
048 A020200 0.005
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 250000
048 K020200 0.005
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 N
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.4
062 M000200 4.1
062 N000200 29.2
<PAGE> PAGE 13
062 O000200 0.0
062 P000200 34.7
062 Q000200 31.6
062 R000200 0.0
063 A000200 0
063 B000200 6.8
064 A000200 N
064 B000200 N
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 Y
070 I020200 Y
070 J010200 Y
070 J020200 Y
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
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 Y
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200 1782756
071 B000200 1762956
<PAGE> PAGE 14
071 C000200 366239
071 D000200 481
072 A000200 12
072 B000200 25832
072 C000200 0
072 D000200 0
072 E000200 0
072 F000200 1922
072 G000200 0
072 H000200 0
072 I000200 525
072 J000200 27
072 K000200 30
072 L000200 16
072 M000200 11
072 N000200 65
072 O000200 0
072 P000200 0
072 Q000200 47
072 R000200 17
072 S000200 5
072 T000200 948
072 U000200 0
072 V000200 0
072 W000200 7
072 X000200 3620
072 Y000200 0
072 Z000200 22212
072AA000200 12906
072BB000200 3003
072CC010200 4006
072CC020200 0
072DD010200 22172
072DD020200 40
072EE000200 0
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 580
074 B000200 0
074 C000200 1372
074 D000200 380241
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 2587
<PAGE> PAGE 15
074 M000200 32
074 N000200 384812
074 O000200 0
074 P000200 234
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 491
074 S000200 0
074 T000200 384087
074 U010200 0
074 U020200 0
074 V010200 0.00
074 V020200 0.00
074 W000200 0.0000
074 X000200 27760
074 Y000200 0
075 A000200 0
075 B000200 391871
076 000200 0.00
008 A000301 AAL CAPITAL MANAGEMENT CORPORATION
008 B000301 A
008 C000301 801-29618
008 D010301 APPLETON
008 D020301 WI
008 D030301 54919
008 D040301 0007
015 A000301 FIRSTAR TRUST COMPANY
015 B000301 C
015 C010301 MILWAUKEE
015 C020301 WI
015 C030301 53201
015 C040301 2981
015 E010301 X
024 000300 N
028 A010300 4029
028 A020300 1267
028 A030300 0
028 A040300 3612
028 B010300 5404
028 B020300 5863
028 B030300 0
028 B040300 3534
028 C010300 5152
028 C020300 1346
028 C030300 0
028 C040300 3806
028 D010300 7149
028 D020300 1417
028 D030300 0
<PAGE> PAGE 16
028 D040300 3321
028 E010300 6747
028 E020300 1459
028 E030300 0
028 E040300 4882
028 F010300 7952
028 F020300 1437
028 F030300 0
028 F040300 4782
028 G010300 36433
028 G020300 12789
028 G030300 0
028 G040300 23937
028 H000300 29065
029 000300 Y
030 A000300 1264
030 B000300 4.00
030 C000300 0.00
031 A000300 567
031 B000300 0
032 000300 0
033 000300 697
034 000300 Y
035 000300 0
036 A000300 Y
036 B000300 0
037 000300 N
038 000300 0
039 000300 Y
040 000300 Y
041 000300 Y
042 A000300 0
042 B000300 0
042 C000300 0
042 D000300 100
042 E000300 0
042 F000300 0
042 G000300 0
042 H000300 0
043 000300 1140
044 000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.000
048 A010300 250000
048 A020300 0.005
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
<PAGE> PAGE 17
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 250000
048 K020300 0.005
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 N
062 A000300 Y
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 1.7
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 98.3
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 19.5
064 A000300 Y
064 B000300 N
066 A000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 N
070 B010300 N
<PAGE> PAGE 18
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 Y
070 I020300 N
070 J010300 N
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 N
070 L020300 N
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 Y
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300 664362
071 B000300 607498
071 C000300 436745
071 D000300 139
072 A000300 12
072 B000300 24027
072 C000300 265
072 D000300 0
072 E000300 0
072 F000300 2164
072 G000300 0
072 H000300 0
072 I000300 326
072 J000300 18
072 K000300 2
072 L000300 7
072 M000300 11
072 N000300 72
<PAGE> PAGE 19
072 O000300 0
072 P000300 0
072 Q000300 57
072 R000300 20
072 S000300 3
072 T000300 1140
072 U000300 0
072 V000300 0
072 W000300 7
072 X000300 3827
072 Y000300 0
072 Z000300 20465
072AA000300 9510
072BB000300 2027
072CC010300 15998
072CC020300 0
072DD010300 20390
072DD020300 75
072EE000300 5218
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.1328
073 C000300 0.0000
074 A000300 203
074 B000300 0
074 C000300 37001
074 D000300 424724
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 19958
074 K000300 0
074 L000300 6681
074 M000300 40
074 N000300 488607
074 O000300 17068
074 P000300 289
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 444
074 S000300 0
074 T000300 470806
074 U010300 0
074 U020300 0
074 V010300 0.00
074 V020300 0.00
074 W000300 0.0000
<PAGE> PAGE 20
074 X000300 18034
074 Y000300 0
075 A000300 0
075 B000300 473203
076 000300 0.00
008 A000401 AAL CAPITAL MANAGEMENT CORPORATION
008 B000401 A
008 C000401 801-29618
008 D010401 APPLETON
008 D020401 WI
008 D030401 54919
008 D040401 0007
015 A000401 FIRSTAR TRUST COMPANY
015 B000401 C
015 C010401 MILWAUKEE
015 C020401 WI
015 C030401 53201
015 C040401 2981
015 E010401 X
024 000400 Y
025 A000401 MERRILL LYNCH
025 C000401 D
025 D000401 10420
025 D000402 0
025 D000403 0
025 D000404 0
025 D000405 0
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 24083
028 A020400 828
028 A030400 0
028 A040400 17206
028 B010400 27556
028 B020400 1009
028 B030400 0
028 B040400 26614
028 C010400 28589
028 C020400 902
028 C030400 0
028 C040400 28957
028 D010400 30145
028 D020400 813
028 D030400 0
028 D040400 21940
028 E010400 30573
028 E020400 979
028 E030400 0
028 E040400 27283
028 F010400 30487
<PAGE> PAGE 21
028 F020400 920
028 F030400 0
028 F040400 31115
028 G010400 171433
028 G020400 5451
028 G030400 0
028 G040400 153115
028 H000400 0
029 000400 N
030 A000400 0
030 B000400 0.00
030 C000400 0.00
034 000400 Y
035 000400 8
036 A000400 Y
036 B000400 0
037 000400 N
038 000400 0
039 000400 Y
040 000400 Y
041 000400 Y
042 A000400 0
042 B000400 0
042 C000400 0
042 D000400 100
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 0
043 000400 0
044 000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.000
048 A010400 500000
048 A020400 0.005
048 B010400 0
048 B020400 0.000
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
<PAGE> PAGE 22
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 500000
048 K020400 0.005
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
062 A000400 Y
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 99.1
062 J000400 0.0
062 K000400 0.0
062 L000400 0.9
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
063 A000400 58
063 B000400 0.0
064 A000400 Y
064 B000400 N
066 A000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
<PAGE> PAGE 23
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 N
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 Y
070 Q020400 N
070 R010400 Y
070 R020400 N
071 A000400 0
071 B000400 0
071 C000400 0
071 D000400 0
072 A000400 12
072 B000400 12328
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 1089
072 G000400 0
072 H000400 0
072 I000400 598
072 J000400 14
072 K000400 57
072 L000400 64
072 M000400 11
072 N000400 99
072 O000400 0
072 P000400 0
072 Q000400 41
072 R000400 11
072 S000400 3
072 T000400 280
072 U000400 0
072 V000400 0
<PAGE> PAGE 24
072 W000400 3
072 X000400 2270
072 Y000400 775
072 Z000400 10833
072AA000400 0
072BB000400 0
072CC010400 0
072CC020400 0
072DD010400 10790
072DD020400 43
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 1096
074 B000400 0
074 C000400 242401
074 D000400 0
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 2
074 M000400 75
074 N000400 243574
074 O000400 0
074 P000400 82
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 1319
074 S000400 0
074 T000400 242173
074 U010400 0
074 U020400 0
074 V010400 0.00
074 V020400 0.00
074 W000400 0.9998
074 X000400 29565
074 Y000400 0
075 A000400 218070
075 B000400 0
076 000400 0.00
008 A000501 AAL CAPITAL MANAGEMENT CORPORATION
008 B000501 A
008 C000501 801-29618
<PAGE> PAGE 25
008 D010501 APPLETON
008 D020501 WI
008 D030501 54919
008 D040501 0007
015 A000501 FIRSTAR TRUST COMPANY
015 B000501 C
015 C010501 MILWAUKEE
015 C020501 WI
015 C030501 53201
015 C040501 2981
015 E010501 X
024 000500 N
025 D000501 0
025 D000502 0
025 D000503 0
025 D000504 0
025 D000505 0
025 D000506 0
025 D000507 0
025 D000508 0
028 A010500 0
028 A020500 0
028 A030500 0
028 A040500 0
028 B010500 0
028 B020500 11
028 B030500 0
028 B040500 10
028 C010500 0
028 C020500 93
028 C030500 0
028 C040500 25
028 D010500 0
028 D020500 0
028 D030500 0
028 D040500 0
028 E010500 0
028 E020500 0
028 E030500 0
028 E040500 0
028 F010500 0
028 F020500 0
028 F030500 0
028 F040500 154
028 G010500 0
028 G020500 104
028 G030500 0
028 G040500 189
028 H000500 0
029 000500 N
030 A000500 0
<PAGE> PAGE 26
030 B000500 0.00
030 C000500 0.00
034 000500 N
035 000500 0
036 B000500 0
037 000500 N
038 000500 0
039 000500 Y
040 000500 N
041 000500 N
042 A000500 0
042 B000500 0
042 C000500 0
042 D000500 0
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 0
043 000500 0
044 000500 0
045 000500 Y
048 000500 0.000
048 A010500 0
048 A020500 0.000
048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 Y
053 B000500 Y
053 C000500 N
<PAGE> PAGE 27
062 A000500 Y
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 100.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
063 A000500 0
063 B000500 3.5
064 A000500 N
064 B000500 N
066 A000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 N
070 B010500 N
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 Y
070 I020500 N
070 J010500 N
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 N
070 L020500 N
<PAGE> PAGE 28
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 Y
070 Q020500 N
070 R010500 Y
070 R020500 N
071 A000500 0
071 B000500 352
071 C000500 1707
071 D000500 0
072 A000500 12
072 B000500 114
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 0
072 G000500 0
072 H000500 0
072 I000500 1
072 J000500 0
072 K000500 1
072 L000500 1
072 M000500 4
072 N000500 1
072 O000500 0
072 P000500 0
072 Q000500 3
072 R000500 1
072 S000500 1
072 T000500 0
072 U000500 0
072 V000500 0
072 W000500 0
072 X000500 13
072 Y000500 1
072 Z000500 102
072AA000500 12
072BB000500 0
072CC010500 37
072CC020500 0
072DD010500 102
072DD020500 0
072EE000500 11
073 A010500 0.6356
073 A020500 0.0000
<PAGE> PAGE 29
073 B000500 0.0734
073 C000500 0.0000
074 A000500 0
074 B000500 0
074 C000500 0
074 D000500 1562
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 0
074 K000500 0
074 L000500 0
074 M000500 1
074 N000500 1563
074 O000500 0
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 38
074 S000500 0
074 T000500 1525
074 U010500 144
074 U020500 0
074 V010500 10.61
074 V020500 0.00
074 W000500 0.0000
074 X000500 218
074 Y000500 0
075 A000500 0
075 B000500 1710
076 000500 0.00
008 A000601 AAL CAPITAL MANAGEMENT CORPORATION
008 B000601 A
008 C000601 801-29618
008 D010601 APPLETON
008 D020601 WI
008 D030601 54919
008 D040601 0007
015 A000601 FIRSTAR TRUST COMPANY
015 B000601 C
015 C010601 MILWAUKEE
015 C020601 WI
015 C030601 53201
015 C040601 2981
015 E010601 X
024 000600 N
025 D000601 0
<PAGE> PAGE 30
025 D000602 0
025 D000603 0
025 D000604 0
025 D000605 0
025 D000606 0
025 D000607 0
025 D000608 0
028 A010600 0
028 A020600 0
028 A030600 0
028 A040600 1
028 B010600 0
028 B020600 94
028 B030600 0
028 B040600 3
028 C010600 0
028 C020600 0
028 C030600 0
028 C040600 0
028 D010600 0
028 D020600 0
028 D030600 0
028 D040600 3
028 E010600 0
028 E020600 0
028 E030600 0
028 E040600 0
028 F010600 0
028 F020600 0
028 F030600 0
028 F040600 9
028 G010600 0
028 G020600 94
028 G030600 0
028 G040600 16
028 H000600 0
029 000600 N
030 A000600 0
030 B000600 0.00
030 C000600 0.00
034 000600 N
035 000600 0
036 B000600 0
037 000600 N
038 000600 0
039 000600 Y
040 000600 N
041 000600 N
042 A000600 0
042 B000600 0
042 C000600 0
<PAGE> PAGE 31
042 D000600 0
042 E000600 0
042 F000600 0
042 G000600 0
042 H000600 0
043 000600 0
044 000600 0
045 000600 Y
048 000600 0.000
048 A010600 0
048 A020600 0.000
048 B010600 0
048 B020600 0.000
048 C010600 0
048 C020600 0.000
048 D010600 0
048 D020600 0.000
048 E010600 0
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 0
048 K020600 0.000
049 000600 N
050 000600 N
051 000600 N
052 000600 N
053 A000600 Y
053 B000600 Y
053 C000600 N
062 A000600 Y
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 100.0
<PAGE> PAGE 32
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
063 A000600 0
063 B000600 8.5
064 A000600 N
064 B000600 N
066 A000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 N
070 B010600 N
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 N
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 N
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 N
070 H020600 N
070 I010600 Y
070 I020600 N
070 J010600 N
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 N
070 L020600 N
070 M010600 N
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 Y
070 Q020600 N
070 R010600 Y
070 R020600 N
071 A000600 0
<PAGE> PAGE 33
071 B000600 72
071 C000600 1588
071 D000600 0
072 A000600 12
072 B000600 105
072 C000600 0
072 D000600 0
072 E000600 0
072 F000600 0
072 G000600 0
072 H000600 0
072 I000600 1
072 J000600 0
072 K000600 1
072 L000600 1
072 M000600 4
072 N000600 1
072 O000600 0
072 P000600 0
072 Q000600 3
072 R000600 1
072 S000600 1
072 T000600 0
072 U000600 0
072 V000600 0
072 W000600 0
072 X000600 13
072 Y000600 1
072 Z000600 93
072AA000600 9
072BB000600 0
072CC010600 119
072CC020600 0
072DD010600 93
072DD020600 0
072EE000600 14
073 A010600 0.7008
073 A020600 0.0000
073 B000600 0.1139
073 C000600 0.0000
074 A000600 0
074 B000600 0
074 C000600 0
074 D000600 1651
074 E000600 0
074 F000600 0
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 0
074 K000600 0
<PAGE> PAGE 34
074 L000600 0
074 M000600 1
074 N000600 1652
074 O000600 0
074 P000600 0
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 36
074 S000600 0
074 T000600 1616
074 U010600 133
074 U020600 0
074 V010600 12.13
074 V020600 0.00
074 W000600 0.0000
074 X000600 226
074 Y000600 0
075 A000600 0
075 B000600 1588
076 000600 0.00
008 A000701 AAL CAPITAL MANAGEMENT CORPORATION
008 B000701 A
008 C000701 801-29618
008 D010701 APPLETON
008 D020701 WI
008 D030701 54919
008 D040701 0007
015 A000701 FIRSTAR TRUST COMPANY
015 B000701 C
015 C010701 MILWAUKEE
015 C020701 WI
015 C030701 53201
015 C040701 2981
015 E010701 X
024 000700 N
028 A010700 7781
028 A020700 0
028 A030700 0
028 A040700 2938
028 B010700 8776
028 B020700 56183
028 B030700 0
028 B040700 3162
028 C010700 7678
028 C020700 2
028 C030700 0
028 C040700 5274
028 D010700 8560
028 D020700 1
<PAGE> PAGE 35
028 D030700 0
028 D040700 6112
028 E010700 10659
028 E020700 0
028 E030700 0
028 E040700 6752
028 F010700 12124
028 F020700 0
028 F030700 0
028 F040700 8150
028 G010700 55578
028 G020700 56186
028 G030700 0
028 G040700 32388
028 H000700 39977
029 000700 Y
030 A000700 2358
030 B000700 4.00
030 C000700 0.00
031 A000700 1065
031 B000700 0
032 000700 0
033 000700 1293
034 000700 Y
035 000700 3
036 A000700 Y
036 B000700 0
037 000700 N
038 000700 0
039 000700 Y
040 000700 Y
041 000700 Y
042 A000700 0
042 B000700 0
042 C000700 0
042 D000700 100
042 E000700 0
042 F000700 0
042 G000700 0
042 H000700 0
043 000700 1549
044 000700 0
045 000700 Y
046 000700 N
047 000700 Y
048 000700 0.000
048 A010700 200000
048 A020700 0.008
048 B010700 0
048 B020700 0.000
048 C010700 0
<PAGE> PAGE 36
048 C020700 0.000
048 D010700 0
048 D020700 0.000
048 E010700 0
048 E020700 0.000
048 F010700 0
048 F020700 0.000
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
048 J010700 0
048 J020700 0.000
048 K010700 200000
048 K020700 0.007
049 000700 N
050 000700 N
051 000700 N
052 000700 N
053 A000700 N
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
066 A000700 Y
066 B000700 N
066 C000700 Y
066 D000700 N
066 E000700 N
066 F000700 N
066 G000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
<PAGE> PAGE 37
070 A010700 Y
070 A020700 N
070 B010700 Y
070 B020700 N
070 C010700 N
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 Y
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 Y
070 I020700 N
070 J010700 N
070 J020700 N
070 K010700 Y
070 K020700 N
070 L010700 Y
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 N
070 Q010700 Y
070 Q020700 N
070 R010700 Y
070 R020700 N
071 A000700 634736
071 B000700 597740
071 C000700 570008
071 D000700 105
072 A000700 12
072 B000700 1376
072 C000700 4724
072 D000700 0
072 E000700 0
072 F000700 4071
072 G000700 0
072 H000700 0
072 I000700 1660
072 J000700 43
072 K000700 142
<PAGE> PAGE 38
072 L000700 113
072 M000700 11
072 N000700 122
072 O000700 0
072 P000700 0
072 Q000700 42
072 R000700 21
072 S000700 3
072 T000700 1549
072 U000700 7
072 V000700 0
072 W000700 9
072 X000700 7793
072 Y000700 0
072 Z000700 -1693
072AA000700 118954
072BB000700 52280
072CC010700 118067
072CC020700 0
072DD010700 0
072DD020700 0
072EE000700 56445
073 A010700 0.0000
073 A020700 0.0000
073 B000700 0.0000
073 C000700 0.0000
074 A000700 68
074 B000700 0
074 C000700 12055
074 D000700 0
074 E000700 0
074 F000700 664139
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 15985
074 K000700 0
074 L000700 298
074 M000700 63
074 N000700 692608
074 O000700 5582
074 P000700 0
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 827
074 S000700 0
074 T000700 686199
074 U010700 0
074 U020700 0
<PAGE> PAGE 39
074 V010700 0.00
074 V020700 0.00
074 W000700 0.0000
074 X000700 98005
074 Y000700 0
075 A000700 0
075 B000700 600190
076 000700 0.00
008 A000801 AAL CAPITAL MANAGEMENT CORPORATION
008 B000801 A
008 C000801 801-29618
008 D010801 APPLETON
008 D020801 WI
008 D030801 54919
008 D040801 0007
015 A000801 FIRSTAR TRUST COMPANY
015 B000801 C
015 C010801 MILWAUKEE
015 C020801 WI
015 C030801 53201
015 C040801 2981
015 E010801 X
024 000800 N
028 A010800 3144
028 A020800 0
028 A030800 0
028 A040800 1227
028 B010800 4120
028 B020800 6049
028 B030800 0
028 B040800 1282
028 C010800 9631
028 C020800 0
028 C030800 0
028 C040800 6694
028 D010800 6024
028 D020800 0
028 D030800 0
028 D040800 1175
028 E010800 7022
028 E020800 604
028 E030800 0
028 E040800 1532
028 F010800 8963
028 F020800 0
028 F030800 0
028 F040800 1822
028 G010800 38904
028 G020800 6653
028 G030800 0
028 G040800 13732
<PAGE> PAGE 40
028 H000800 23036
029 000800 Y
030 A000800 934
030 B000800 4.00
030 C000800 0.00
031 A000800 420
031 B000800 0
032 000800 0
033 000800 514
034 000800 Y
035 000800 0
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 412
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
048 I010800 0
048 I020800 0.000
048 J010800 0
<PAGE> PAGE 41
048 J020800 0.000
048 K010800 250000
048 K020800 0.005
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
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
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
<PAGE> PAGE 42
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 122836
071 B000800 98864
071 C000800 154573
071 D000800 64
072 A000800 12
072 B000800 954
072 C000800 4343
072 D000800 0
072 E000800 0
072 F000800 809
072 G000800 0
072 H000800 0
072 I000800 359
072 J000800 11
072 K000800 33
072 L000800 29
072 M000800 11
072 N000800 62
072 O000800 0
072 P000800 0
072 Q000800 42
072 R000800 16
072 S000800 8
072 T000800 412
072 U000800 8
072 V000800 0
072 W000800 3
072 X000800 1803
072 Y000800 0
<PAGE> PAGE 43
072 Z000800 3494
072AA000800 21141
072BB000800 1891
072CC010800 24270
072CC020800 0
072DD010800 3601
072DD020800 21
072EE000800 5589
073 A010800 0.0000
073 A020800 0.0000
073 B000800 0.4500
073 C000800 0.0000
074 A000800 266
074 B000800 0
074 C000800 9789
074 D000800 45526
074 E000800 0
074 F000800 152644
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 0
074 K000800 0
074 L000800 490
074 M000800 44
074 N000800 208759
074 O000800 0
074 P000800 134
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 66
074 S000800 0
074 T000800 208559
074 U010800 0
074 U020800 0
074 V010800 0.00
074 V020800 0.00
074 W000800 0.0000
074 X000800 23289
074 Y000800 0
075 A000800 0
075 B000800 164099
076 000800 0.00
008 A000901 AAL CAPITAL MANAGEMENT CORPORATION
008 B000901 A
008 C000901 801-29618
008 D010901 APPLETON
008 D020901 WI
008 D030901 54919
<PAGE> PAGE 44
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 N
028 A010900 3146
028 A020900 0
028 A030900 0
028 A040900 2124
028 B010900 2933
028 B020900 11822
028 B030900 0
028 B040900 2373
028 C010900 2618
028 C020900 0
028 C030900 0
028 C040900 3048
028 D010900 2853
028 D020900 0
028 D030900 0
028 D040900 2681
028 E010900 3417
028 E020900 0
028 E030900 0
028 E040900 2699
028 F010900 4323
028 F020900 0
028 F030900 0
028 F040900 3117
028 G010900 19290
028 G020900 11822
028 G030900 0
028 G040900 16042
028 H000900 13429
029 000900 Y
030 A000900 1033
030 B000900 4.00
030 C000900 0.00
031 A000900 463
031 B000900 0
032 000900 0
033 000900 570
<PAGE> PAGE 45
034 000900 Y
035 000900 3
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 390
044 000900 0
045 000900 Y
046 000900 N
047 000900 Y
048 000900 0.800
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
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
<PAGE> PAGE 46
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
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
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
<PAGE> PAGE 47
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 37362
071 B000900 22492
071 C000900 112938
071 D000900 20
072 A000900 12
072 B000900 1868
072 C000900 2712
072 D000900 0
072 E000900 0
072 F000900 1280
072 G000900 0
072 H000900 0
072 I000900 559
072 J000900 184
072 K000900 58
072 L000900 49
072 M000900 11
072 N000900 81
072 O000900 0
072 P000900 0
072 Q000900 73
072 R000900 23
072 S000900 5
072 T000900 390
072 U000900 15
072 V000900 0
072 W000900 3
072 X000900 2731
072 Y000900 0
072 Z000900 1849
072AA000900 13568
072BB000900 2338
072CC010900 0
072CC020900 4013
072DD010900 4873
072DD020900 0
072EE000900 7129
073 A010900 0.0000
<PAGE> PAGE 48
073 A020900 0.0000
073 B000900 0.5770
073 C000900 0.0000
074 A000900 51
074 B000900 0
074 C000900 30088
074 D000900 12944
074 E000900 10947
074 F000900 96109
074 G000900 0
074 H000900 0
074 I000900 48442
074 J000900 1058
074 K000900 0
074 L000900 651
074 M000900 79
074 N000900 200369
074 O000900 47440
074 P000900 146
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 260
074 S000900 0
074 T000900 152523
074 U010900 0
074 U020900 0
074 V010900 0.00
074 V020900 0.00
074 W000900 0.0000
074 X000900 33869
074 Y000900 0
075 A000900 0
075 B000900 140214
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 Y
<PAGE> PAGE 49
025 A001001 DAIN RAUSCHER CORPORATION
025 C001001 E
025 D001001 301
025 D001002 0
025 D001003 0
025 D001004 0
025 D001005 0
025 D001006 0
025 D001007 0
025 D001008 0
028 A011000 5559
028 A021000 0
028 A031000 0
028 A041000 421
028 B011000 5690
028 B021000 4742
028 B031000 0
028 B041000 1422
028 C011000 4755
028 C021000 0
028 C031000 0
028 C041000 1074
028 D011000 5209
028 D021000 0
028 D031000 0
028 D041000 1193
028 E011000 7095
028 E021000 0
028 E031000 0
028 E041000 1146
028 F011000 8254
028 F021000 0
028 F031000 0
028 F041000 1687
028 G011000 36562
028 G021000 4742
028 G031000 0
028 G041000 6943
028 H001000 24158
029 001000 Y
030 A001000 1394
030 B001000 4.00
030 C001000 0.00
031 A001000 626
031 B001000 0
032 001000 0
033 001000 768
034 001000 Y
035 001000 4
036 A001000 Y
036 B001000 0
<PAGE> PAGE 50
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 294
044 001000 0
045 001000 Y
046 001000 N
047 001000 Y
048 001000 0.000
048 A011000 200000
048 A021000 0.008
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
048 I021000 0.000
048 J011000 0
048 J021000 0.000
048 K011000 200000
048 K021000 0.007
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
<PAGE> PAGE 51
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
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
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 Y
070 L011000 Y
070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 Y
<PAGE> PAGE 52
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 147797
071 B001000 94897
071 C001000 89467
071 D001000 106
072 A001000 12
072 B001000 193
072 C001000 415
072 D001000 0
072 E001000 0
072 F001000 691
072 G001000 0
072 H001000 0
072 I001000 446
072 J001000 12
072 K001000 32
072 L001000 23
072 M001000 11
072 N001000 65
072 O001000 0
072 P001000 0
072 Q001000 44
072 R001000 17
072 S001000 3
072 T001000 294
072 U001000 7
072 V001000 0
072 W001000 1
072 X001000 1646
072 Y001000 0
072 Z001000 -1038
072AA001000 19836
072BB001000 10099
072CC011000 0
072CC021000 20349
072DD011000 0
072DD021000 0
072EE001000 4759
073 A011000 0.0000
073 A021000 0.0000
073 B001000 0.0000
073 C001000 0.0000
074 A001000 217
<PAGE> PAGE 53
074 B001000 0
074 C001000 22615
074 D001000 0
074 E001000 0
074 F001000 112716
074 G001000 0
074 H001000 0
074 I001000 0
074 J001000 586
074 K001000 0
074 L001000 49
074 M001000 65
074 N001000 136248
074 O001000 969
074 P001000 125
074 Q001000 0
074 R011000 0
074 R021000 0
074 R031000 0
074 R041000 61
074 S001000 0
074 T001000 135093
074 U011000 0
074 U021000 0
074 V011000 0.00
074 V021000 0.00
074 W001000 0.0000
074 X001000 33827
074 Y001000 0
075 A001000 0
075 B001000 93200
076 001000 0.00
008 A001101 AAL CAPITAL MANAGEMENT CORPORATION
008 B001101 A
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
028 A011100 5991
028 A021100 373
028 A031100 0
028 A041100 450
<PAGE> PAGE 54
028 B011100 7027
028 B021100 1075
028 B031100 0
028 B041100 766
028 C011100 5553
028 C021100 438
028 C031100 0
028 C041100 784
028 D011100 6118
028 D021100 482
028 D031100 0
028 D041100 21959
028 E011100 8032
028 E021100 555
028 E031100 0
028 E041100 1102
028 F011100 7317
028 F021100 551
028 F031100 0
028 F041100 1302
028 G011100 40038
028 G021100 3474
028 G031100 0
028 G041100 26363
028 H001100 26945
029 001100 Y
030 A001100 1560
030 B001100 4.00
030 C001100 0.00
031 A001100 696
031 B001100 0
032 001100 0
033 001100 864
034 001100 Y
035 001100 3
036 A001100 Y
036 B001100 0
037 001100 N
038 001100 0
039 001100 Y
040 001100 Y
041 001100 Y
042 A001100 0
042 B001100 0
042 C001100 0
042 D001100 100
042 E001100 0
042 F001100 0
042 G001100 0
042 H001100 0
043 001100 263
<PAGE> PAGE 55
044 001100 0
045 001100 Y
046 001100 N
047 001100 Y
048 001100 0.006
048 A011100 0
048 A021100 0.000
048 B011100 0
048 B021100 0.000
048 C011100 0
048 C021100 0.000
048 D011100 0
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
048 I011100 0
048 I021100 0.000
048 J011100 0
048 J021100 0.000
048 K011100 0
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 1.2
062 M001100 0.0
062 N001100 0.0
062 O001100 0.0
062 P001100 98.8
062 Q001100 0.0
<PAGE> PAGE 56
062 R001100 0.0
063 A001100 0
063 B001100 8.1
064 A001100 N
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
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 152447
071 B001100 93288
071 C001100 82905
071 D001100 113
072 A001100 12
<PAGE> PAGE 57
072 B001100 8647
072 C001100 0
072 D001100 0
072 E001100 0
072 F001100 522
072 G001100 0
072 H001100 0
072 I001100 107
072 J001100 5
072 K001100 17
072 L001100 16
072 M001100 11
072 N001100 52
072 O001100 0
072 P001100 0
072 Q001100 53
072 R001100 22
072 S001100 3
072 T001100 263
072 U001100 7
072 V001100 0
072 W001100 2
072 X001100 1080
072 Y001100 174
072 Z001100 7741
072AA001100 2951
072BB001100 1090
072CC011100 1260
072CC021100 0
072DD011100 7240
072DD021100 500
072EE001100 972
073 A011100 0.0000
073 A021100 0.0000
073 B001100 0.0977
073 C001100 0.0000
074 A001100 124
074 B001100 0
074 C001100 1313
074 D001100 107006
074 E001100 0
074 F001100 0
074 G001100 0
074 H001100 0
074 I001100 0
074 J001100 3128
074 K001100 0
074 L001100 2689
074 M001100 71
074 N001100 114331
074 O001100 3270
<PAGE> PAGE 58
074 P001100 59
074 Q001100 0
074 R011100 0
074 R021100 0
074 R031100 0
074 R041100 280
074 S001100 0
074 T001100 110722
074 U011100 0
074 U021100 0
074 V011100 0.00
074 V021100 0.00
074 W001100 0.0000
074 X001100 9319
074 Y001100 0
075 A001100 0
075 B001100 88196
076 001100 0.00
008 A001201 AAL CAPITAL MANAGEMENT CORPORATION
008 B001201 A
008 C001201 801-29618
008 D011201 APPLETON
008 D021201 WI
008 D031201 54919
008 D041201 0007
015 A001201 FIRSTAR TRUST COMPANY
015 B001201 C
015 C011201 MILWAUKEE
015 C021201 WI
015 C031201 53201
015 C041201 2981
015 E011201 X
018 001200 Y
019 A001200 N
019 B001200 0
024 001200 Y
025 A001201 J.P. MORGAN & COMPANY
025 C001201 E
025 D001201 315
025 A001202 NATIONSBANK
025 C001202 E
025 D001202 288
025 A001203 TRAVELRS GROUP, INC.
025 C001203 E
025 D001203 251
025 D001204 0
025 D001205 0
025 D001206 0
025 D001207 0
025 D001208 0
028 A011200 0
<PAGE> PAGE 59
028 A021200 0
028 A031200 0
028 A041200 0
028 B011200 1020
028 B021200 0
028 B031200 0
028 B041200 0
028 C011200 4584
028 C021200 0
028 C031200 0
028 C041200 39
028 D011200 8137
028 D021200 0
028 D031200 0
028 D041200 22
028 E011200 8729
028 E021200 55
028 E031200 0
028 E041200 63
028 F011200 7816
028 F021200 0
028 F031200 0
028 F041200 131
028 G011200 30286
028 G021200 55
028 G031200 0
028 G041200 255
028 H001200 19839
029 001200 Y
030 A001200 578
030 B001200 4.00
030 C001200 0.00
031 A001200 260
031 B001200 0
032 001200 0
033 001200 318
034 001200 Y
035 001200 0
036 A001200 Y
036 B001200 0
037 001200 N
038 001200 0
039 001200 Y
040 001200 Y
041 001200 Y
042 A001200 0
042 B001200 0
042 C001200 0
042 D001200 100
042 E001200 0
042 F001200 0
<PAGE> PAGE 60
042 G001200 0
042 H001200 0
043 001200 13
044 001200 0
045 001200 Y
046 001200 N
047 001200 Y
048 001200 0.006
048 A011200 0
048 A021200 0.000
048 B011200 0
048 B021200 0.000
048 C011200 0
048 C021200 0.000
048 D011200 0
048 D021200 0.000
048 E011200 0
048 E021200 0.000
048 F011200 0
048 F021200 0.000
048 G011200 0
048 G021200 0.000
048 H011200 0
048 H021200 0.000
048 I011200 0
048 I021200 0.000
048 J011200 0
048 J021200 0.000
048 K011200 0
048 K021200 0.000
049 001200 N
050 001200 N
051 001200 N
052 001200 N
053 A001200 Y
053 B001200 Y
053 C001200 N
062 A001200 N
062 B001200 0.0
062 C001200 0.0
062 D001200 0.0
062 E001200 0.0
062 F001200 0.0
062 G001200 0.0
062 H001200 0.0
062 I001200 0.0
062 J001200 0.0
062 K001200 0.0
062 L001200 0.0
062 M001200 0.0
062 N001200 0.0
<PAGE> PAGE 61
062 O001200 0.0
062 P001200 0.0
062 Q001200 0.0
062 R001200 0.0
066 A001200 Y
066 B001200 N
066 C001200 N
066 D001200 N
066 E001200 Y
066 F001200 N
066 G001200 N
067 001200 Y
068 A001200 N
068 B001200 N
069 001200 N
070 A011200 Y
070 A021200 N
070 B011200 Y
070 B021200 N
070 C011200 Y
070 C021200 N
070 D011200 Y
070 D021200 N
070 E011200 Y
070 E021200 N
070 F011200 Y
070 F021200 N
070 G011200 Y
070 G021200 N
070 H011200 Y
070 H021200 N
070 I011200 Y
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 N
070 L011200 Y
070 L021200 N
070 M011200 N
070 M021200 N
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 Y
070 P021200 N
070 Q011200 Y
070 Q021200 N
070 R011200 Y
070 R021200 N
<PAGE> PAGE 62
071 A001200 27104
071 B001200 1431
071 C001200 12481
071 D001200 11
072 A001200 4
072 B001200 138
072 C001200 26
072 D001200 0
072 E001200 0
072 F001200 28
072 G001200 0
072 H001200 0
072 I001200 7
072 J001200 1
072 K001200 4
072 L001200 3
072 M001200 3
072 N001200 0
072 O001200 0
072 P001200 0
072 Q001200 12
072 R001200 6
072 S001200 1
072 T001200 13
072 U001200 0
072 V001200 0
072 W001200 0
072 X001200 78
072 Y001200 11
072 Z001200 97
072AA001200 6
072BB001200 40
072CC011200 984
072CC021200 0
072DD011200 53
072DD021200 3
072EE001200 0
073 A011200 0.0000
073 A021200 0.0000
073 B001200 0.0000
073 C001200 0.0000
074 A001200 123
074 B001200 0
074 C001200 5278
074 D001200 9512
074 E001200 0
074 F001200 17112
074 G001200 0
074 H001200 0
074 I001200 0
074 J001200 0
<PAGE> PAGE 63
074 K001200 0
074 L001200 128
074 M001200 77
074 N001200 32230
074 O001200 1044
074 P001200 14
074 Q001200 0
074 R011200 0
074 R021200 0
074 R031200 0
074 R041200 95
074 S001200 0
074 T001200 31077
074 U011200 0
074 U021200 0
074 V011200 0.00
074 V021200 0.00
074 W001200 0.0000
074 X001200 3869
074 Y001200 0
075 A001200 0
075 B001200 15191
076 001200 0.00
SIGNATURE TERRANCE P. GALLAGHER
TITLE V.P. FIN OP
To the Trustees of The AAL Mutual Funds
In planning and performing our audits of the financial statements of The AAL
Small Cap Stock Fund, The AAL Mid Cap Stock Fund, The AAL International Fund,
The AAL Capital Growth Fund, The AAL Equity Income Fund, The AAL Balanced Fund,
The AAL High Yield Bond Fund, The AAL Municipal Bond Fund, The AAL Bond Fund,
The AAL Money Market Fund, The AAL U.S. Government Zero Coupon Target Fund,
Series 2001 and The AAL U.S. Government Zero Coupon Target Fund, Series 2006,
the portfolios of The AAL Mutual Funds (the "Fund") for the period ended April
30, 1998, we considered the Fund's internal control structure, including
procedures for safeguarding securities, in order to determine our auditing
procedures for the purposes of expressing our opinion on the financial
statements and to comply with the requirements of Form N-SAR, and not to provide
assurance on the internal control structure.
The management of the Fund is responsible for establishing and maintaining an
internal control structure. In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected benefits and related
costs of internal control structure policies and procedures. Two of the
objectives of an internal control structure are to provide management with
reasonable, but not absolute, assurance that assets are appropriately
safeguarded against loss from unauthorized use or disposition and that
transactions are executed in accordance with management's authorization and
recorded properly to permit preparation of financial statements in conformity
with generally accepted accounting principles.
Because of inherent limitations in any internal control structure, errors or
irregularities may occur and may not be detected. Also, projection of any
evaluation of the structure to future periods is subject to the risk that it may
become inadequate because of changes in conditions or that the effectiveness of
the design and operation may deteriorate.
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure 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 the specific internal control structure elements does not reduce to
a relatively low level the risk that errors or irregularities 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 the internal control structure, including procedures for safeguarding
securities, that we consider to be material weaknesses as defined above as of
April 30, 1998.
This report is intended solely for the information and use of management and the
Securities and Exchange Commission.
May 15, 1998
Submission of matters to a vote of security holders
If any matter has been submitted to a vote of security holders, furnish the
following information:
(a) The date of the meeting and whether it was an annual or special meeting;
August 15, 1997-Special Meeting
(b) If the meeting involved the election of directors, state the name of each
director elected at the meeting and the mane of all other directors now in
office;
NA
(c) Describe each matter voted upon at the meeting and state the number of
affirmative votes and the number of negative votes cast with respect to
each matter;
Two items:
1) Approve ( 6,026,629.223 )or disapprove (97,267.076 ) a proposed change
to the AAL Utilities Funds-Fundamental investment objectives and
industry concentration policy. Abstained (209,078.883).
2) To transact such other business as properly may be, come before or
adjournment, thereof.
(d) Describe the terms of any settlement between the registrant and any other
participant ( as defined in Rule 14a-11 of Regulation 14A under the 1934
Act) terminating any solicitation subject to Rule 14a-11, including the
cost or anticipated cost to the registrant.
NA
<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> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 1566940020
<INVESTMENTS-AT-VALUE> 2840856436
<RECEIVABLES> 1869820
<ASSETS-OTHER> 683423
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2843409679
<PAYABLE-FOR-SECURITIES> 16462630
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2351253
<TOTAL-LIABILITIES> 18813883
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1516039450
<SHARES-COMMON-STOCK> 93331807
<SHARES-COMMON-PRIOR> 83469506
<ACCUMULATED-NII-CURRENT> 1389567
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 33250372
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1273916416
<NET-ASSETS> 2766709385
<DIVIDEND-INCOME> 25735290
<INTEREST-INCOME> 5514325
<OTHER-INCOME> 0
<EXPENSES-NET> 22691196
<NET-INVESTMENT-INCOME> 8558419
<REALIZED-GAINS-CURRENT> 107878390
<APPREC-INCREASE-CURRENT> 714923258
<NET-CHANGE-FROM-OPS> 831360067
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7150934)
<DISTRIBUTIONS-OF-GAINS> (98647241)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12378718
<NUMBER-OF-SHARES-REDEEMED> (6622943)
<SHARES-REINVESTED> 4106526
<NET-CHANGE-IN-ASSETS> 1019147521
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 25404099
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 12742588
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 22691196
<AVERAGE-NET-ASSETS> 2259685306
<PER-SHARE-NAV-BEGIN> 21.50
<PER-SHARE-NII> .098
<PER-SHARE-GAIN-APPREC> 9.264
<PER-SHARE-DIVIDEND> (.083)
<PER-SHARE-DISTRIBUTIONS> (1.139)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 29.64
<EXPENSE-RATIO> .98
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 012
<NAME> THE AAL CAPITAL GROWTH FUND CLASS B
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 1566940020
<INVESTMENTS-AT-VALUE> 2840856436
<RECEIVABLES> 1869820
<ASSETS-OTHER> 683423
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2843409679
<PAYABLE-FOR-SECURITIES> 16462630
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2351253
<TOTAL-LIABILITIES> 18813883
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1516039450
<SHARES-COMMON-STOCK> 1868704
<SHARES-COMMON-PRIOR> 513913
<ACCUMULATED-NII-CURRENT> 1389567
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 33250372
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1273916416
<NET-ASSETS> 54900438
<DIVIDEND-INCOME> 25735290
<INTEREST-INCOME> 5514325
<OTHER-INCOME> 0
<EXPENSES-NET> 22691196
<NET-INVESTMENT-INCOME> 8558419
<REALIZED-GAINS-CURRENT> 107878390
<APPREC-INCREASE-CURRENT> 714923258
<NET-CHANGE-FROM-OPS> 831360067
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (17918)
<DISTRIBUTIONS-OF-GAINS> (1384876)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1344950
<NUMBER-OF-SHARES-REDEEMED> (45132)
<SHARES-REINVESTED> 54973
<NET-CHANGE-IN-ASSETS> 1019147521
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 25404099
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 12742588
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 22691196
<AVERAGE-NET-ASSETS> 29484051
<PER-SHARE-NAV-BEGIN> 21.45
<PER-SHARE-NII> .041
<PER-SHARE-GAIN-APPREC> 9.054
<PER-SHARE-DIVIDEND> (.026)
<PER-SHARE-DISTRIBUTIONS> (1.139)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 29.38
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 013
<NAME> THE AAL CAPITAL GROWTH FUND CLASS I
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> JAN-02-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 1566940020
<INVESTMENTS-AT-VALUE> 2840856436
<RECEIVABLES> 1869820
<ASSETS-OTHER> 683423
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2843409679
<PAYABLE-FOR-SECURITIES> 16462630
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2351253
<TOTAL-LIABILITIES> 18813883
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1516039450
<SHARES-COMMON-STOCK> 100652
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 1389567
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 33250372
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1273916416
<NET-ASSETS> 2985973
<DIVIDEND-INCOME> 25735290
<INTEREST-INCOME> 5514325
<OTHER-INCOME> 0
<EXPENSES-NET> 22691196
<NET-INVESTMENT-INCOME> 8558419
<REALIZED-GAINS-CURRENT> 107878390
<APPREC-INCREASE-CURRENT> 714923258
<NET-CHANGE-FROM-OPS> 831360067
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 104072
<NUMBER-OF-SHARES-REDEEMED> (3420)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1019147521
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 25404099
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 12742588
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 22691196
<AVERAGE-NET-ASSETS> 921629
<PER-SHARE-NAV-BEGIN> 26.05
<PER-SHARE-NII> .015
<PER-SHARE-GAIN-APPREC> 3.605
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 29.67
<EXPENSE-RATIO> .58
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 021
<NAME> THE AAL BOND FUND CLASS A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 378740932
<INVESTMENTS-AT-VALUE> 381612625
<RECEIVABLES> 2587215
<ASSETS-OTHER> 612278
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 384812118
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 725381
<TOTAL-LIABILITIES> 725381
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 391670281
<SHARES-COMMON-STOCK> 35388155
<SHARES-COMMON-PRIOR> 40418221
<ACCUMULATED-NII-CURRENT> 96451
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (10551688)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2871693
<NET-ASSETS> 353405552
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 25832095
<OTHER-INCOME> 0
<EXPENSES-NET> 3620320
<NET-INVESTMENT-INCOME> 22211775
<REALIZED-GAINS-CURRENT> 9902653
<APPREC-INCREASE-CURRENT> 4006350
<NET-CHANGE-FROM-OPS> 36120778
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (21676538)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3202810
<NUMBER-OF-SHARES-REDEEMED> (9960597)
<SHARES-REINVESTED> 1727721
<NET-CHANGE-IN-ASSETS> (5646874)
<ACCUMULATED-NII-PRIOR> 96451
<ACCUMULATED-GAINS-PRIOR> (20454341)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1921733
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3620320
<AVERAGE-NET-ASSETS> 374955294
<PER-SHARE-NAV-BEGIN> 9.63
<PER-SHARE-NII> .570
<PER-SHARE-GAIN-APPREC> .360
<PER-SHARE-DIVIDEND> (.570)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.99
<EXPENSE-RATIO> .95
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 022
<NAME> THE AAL BOND FUND CLASS B
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 378740932
<INVESTMENTS-AT-VALUE> 381612625
<RECEIVABLES> 2587215
<ASSETS-OTHER> 612278
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 384812118
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 725381
<TOTAL-LIABILITIES> 725381
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 391670281
<SHARES-COMMON-STOCK> 143249
<SHARES-COMMON-PRIOR> 40571
<ACCUMULATED-NII-CURRENT> 96451
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (10551688)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2871693
<NET-ASSETS> 1431449
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 25832095
<OTHER-INCOME> 0
<EXPENSES-NET> 3620320
<NET-INVESTMENT-INCOME> 22211775
<REALIZED-GAINS-CURRENT> 9902653
<APPREC-INCREASE-CURRENT> 4006350
<NET-CHANGE-FROM-OPS> 36120778
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (39897)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 104248
<NUMBER-OF-SHARES-REDEEMED> (4940)
<SHARES-REINVESTED> 3370
<NET-CHANGE-IN-ASSETS> (5646874)
<ACCUMULATED-NII-PRIOR> 96451
<ACCUMULATED-GAINS-PRIOR> (20454341)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1921733
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3620320
<AVERAGE-NET-ASSETS> 851576
<PER-SHARE-NAV-BEGIN> 9.64
<PER-SHARE-NII> .480
<PER-SHARE-GAIN-APPREC> .350
<PER-SHARE-DIVIDEND> (.480)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.99
<EXPENSE-RATIO> 1.92
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 023
<NAME> THE AAL BOND FUND CLASS I
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> JAN-02-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 378740932
<INVESTMENTS-AT-VALUE> 381612625
<RECEIVABLES> 2587215
<ASSETS-OTHER> 612278
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 384812118
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 725381
<TOTAL-LIABILITIES> 725381
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 391670281
<SHARES-COMMON-STOCK> 2928651
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 96451
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (10551688)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2871693
<NET-ASSETS> 29249736
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 25832095
<OTHER-INCOME> 0
<EXPENSES-NET> 3620320
<NET-INVESTMENT-INCOME> 22211775
<REALIZED-GAINS-CURRENT> 9902653
<APPREC-INCREASE-CURRENT> 4006350
<NET-CHANGE-FROM-OPS> 36120778
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (495340)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2928980
<NUMBER-OF-SHARES-REDEEMED> (11686)
<SHARES-REINVESTED> 11357
<NET-CHANGE-IN-ASSETS> (5646874)
<ACCUMULATED-NII-PRIOR> 96451
<ACCUMULATED-GAINS-PRIOR> (20454341)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1921733
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3620320
<AVERAGE-NET-ASSETS> 20891974
<PER-SHARE-NAV-BEGIN> 10.06
<PER-SHARE-NII> .197
<PER-SHARE-GAIN-APPREC> (.070)
<PER-SHARE-DIVIDEND> (.197)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.99
<EXPENSE-RATIO> .56
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 031
<NAME> THE AAL MUNICIPAL BOND FUND CLASS A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 432383371
<INVESTMENTS-AT-VALUE> 461725419
<RECEIVABLES> 26638989
<ASSETS-OTHER> 243083
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 488607491
<PAYABLE-FOR-SECURITIES> 17067969
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 733697
<TOTAL-LIABILITIES> 17801666
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 438613197
<SHARES-COMMON-STOCK> 40974450
<SHARES-COMMON-PRIOR> 38610424
<ACCUMULATED-NII-CURRENT> (47081)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2897661
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 29342048
<NET-ASSETS> 467145934
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 24292395
<OTHER-INCOME> 0
<EXPENSES-NET> 3826850
<NET-INVESTMENT-INCOME> 20465545
<REALIZED-GAINS-CURRENT> 7482803
<APPREC-INCREASE-CURRENT> 15997733
<NET-CHANGE-FROM-OPS> 43946081
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (20389290)
<DISTRIBUTIONS-OF-GAINS> (5191075)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4874442
<NUMBER-OF-SHARES-REDEEMED> (4333958)
<SHARES-REINVESTED> 1823542
<NET-CHANGE-IN-ASSETS> 48372726
<ACCUMULATED-NII-PRIOR> (47081)
<ACCUMULATED-GAINS-PRIOR> 632740
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2163729
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3826850
<AVERAGE-NET-ASSETS> 446843759
<PER-SHARE-NAV-BEGIN> 10.92
<PER-SHARE-NII> .519
<PER-SHARE-GAIN-APPREC> .613
<PER-SHARE-DIVIDEND> (.519)
<PER-SHARE-DISTRIBUTIONS> (.133)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.40
<EXPENSE-RATIO> .85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 032
<NAME> THE AAL MUNICIPAL BOND FUND CLASS B
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 432383371
<INVESTMENTS-AT-VALUE> 461725419
<RECEIVABLES> 26638989
<ASSETS-OTHER> 243083
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 488607491
<PAYABLE-FOR-SECURITIES> 17067969
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 733697
<TOTAL-LIABILITIES> 17801666
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 438613197
<SHARES-COMMON-STOCK> 316724
<SHARES-COMMON-PRIOR> 70031
<ACCUMULATED-NII-CURRENT> (47081)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2897661
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 29342048
<NET-ASSETS> 3609800
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 24292395
<OTHER-INCOME> 0
<EXPENSES-NET> 3826850
<NET-INVESTMENT-INCOME> 20465545
<REALIZED-GAINS-CURRENT> 7482803
<APPREC-INCREASE-CURRENT> 15997733
<NET-CHANGE-FROM-OPS> 43946081
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (75468)
<DISTRIBUTIONS-OF-GAINS> (26807)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 244779
<NUMBER-OF-SHARES-REDEEMED> (5422)
<SHARES-REINVESTED> 7336
<NET-CHANGE-IN-ASSETS> 48372726
<ACCUMULATED-NII-PRIOR> (47081)
<ACCUMULATED-GAINS-PRIOR> 632740
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2163729
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3826850
<AVERAGE-NET-ASSETS> 2059608
<PER-SHARE-NAV-BEGIN> 10.92
<PER-SHARE-NII> .423
<PER-SHARE-GAIN-APPREC> .613
<PER-SHARE-DIVIDEND> (.423)
<PER-SHARE-DISTRIBUTIONS> (.133)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.40
<EXPENSE-RATIO> 1.74
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 033
<NAME> THE AAL MUNICIPAL BOND FUND CLASS I
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> JAN-02-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 432383371
<INVESTMENTS-AT-VALUE> 461725419
<RECEIVABLES> 26638989
<ASSETS-OTHER> 243083
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 488607491
<PAYABLE-FOR-SECURITIES> 17067969
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 733697
<TOTAL-LIABILITIES> 17801666
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 438613197
<SHARES-COMMON-STOCK> 4393
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (47081)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2897661
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 29342048
<NET-ASSETS> 50091
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 24292395
<OTHER-INCOME> 0
<EXPENSES-NET> 3826850
<NET-INVESTMENT-INCOME> 20465545
<REALIZED-GAINS-CURRENT> 7482803
<APPREC-INCREASE-CURRENT> 15997733
<NET-CHANGE-FROM-OPS> 43946081
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (787)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4325
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 68
<NET-CHANGE-IN-ASSETS> 48372726
<ACCUMULATED-NII-PRIOR> (47081)
<ACCUMULATED-GAINS-PRIOR> 632740
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2163729
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3826850
<AVERAGE-NET-ASSETS> 50158
<PER-SHARE-NAV-BEGIN> 11.59
<PER-SHARE-NII> .180
<PER-SHARE-GAIN-APPREC> (.190)
<PER-SHARE-DIVIDEND> (.180)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.40
<EXPENSE-RATIO> .60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 041
<NAME> THE AAL MONEY MARKET FUND CLASS A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 242401417
<INVESTMENTS-AT-VALUE> 242401417
<RECEIVABLES> 1635
<ASSETS-OTHER> 1170410
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 243573462
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1400895
<TOTAL-LIABILITIES> 1400895
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 242137356
<SHARES-COMMON-STOCK> 240737453
<SHARES-COMMON-PRIOR> 189616902
<ACCUMULATED-NII-CURRENT> 35211
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 240737453
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 12328328
<OTHER-INCOME> 0
<EXPENSES-NET> 1495667
<NET-INVESTMENT-INCOME> 10832661
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 10832661
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (10788522)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 328956368
<NUMBER-OF-SHARES-REDEEMED> (288419798)
<SHARES-REINVESTED> 10583981
<NET-CHANGE-IN-ASSETS> 51986568
<ACCUMULATED-NII-PRIOR> 35211
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1088957
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2270738
<AVERAGE-NET-ASSETS> 216580872
<PER-SHARE-NAV-BEGIN> 1
<PER-SHARE-NII> .050
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.050)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1
<EXPENSE-RATIO> .68
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 042
<NAME> THE AAL MONEY MARKET FUND CLASS B
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 242401417
<INVESTMENTS-AT-VALUE> 242401417
<RECEIVABLES> 1635
<ASSETS-OTHER> 1170410
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 243573462
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1400895
<TOTAL-LIABILITIES> 1400895
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 242137356
<SHARES-COMMON-STOCK> 1200622
<SHARES-COMMON-PRIOR> 569097
<ACCUMULATED-NII-CURRENT> 35211
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1200622
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 12328328
<OTHER-INCOME> 0
<EXPENSES-NET> 1495667
<NET-INVESTMENT-INCOME> 10832661
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 10832661
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (42662)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3114103
<NUMBER-OF-SHARES-REDEEMED> (2524445)
<SHARES-REINVESTED> 41867
<NET-CHANGE-IN-ASSETS> 51986568
<ACCUMULATED-NII-PRIOR> 35211
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1088957
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2270738
<AVERAGE-NET-ASSETS> 1057714
<PER-SHARE-NAV-BEGIN> 1
<PER-SHARE-NII> .038
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.038)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1
<EXPENSE-RATIO> 1.65
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 043
<NAME> THE AAL MONEY MARKET FUND CLASS I
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> JAN-02-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 242401417
<INVESTMENTS-AT-VALUE> 242401417
<RECEIVABLES> 1635
<ASSETS-OTHER> 1170410
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 243573462
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1400895
<TOTAL-LIABILITIES> 1400895
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 242137356
<SHARES-COMMON-STOCK> 234492
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 35211
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 234492
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 12328328
<OTHER-INCOME> 0
<EXPENSES-NET> 1495667
<NET-INVESTMENT-INCOME> 10832661
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 10832661
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1477)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 505441
<NUMBER-OF-SHARES-REDEEMED> (272402)
<SHARES-REINVESTED> 1453
<NET-CHANGE-IN-ASSETS> 51986568
<ACCUMULATED-NII-PRIOR> 35211
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1088957
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2270738
<AVERAGE-NET-ASSETS> 80373
<PER-SHARE-NAV-BEGIN> 1
<PER-SHARE-NII> .017
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.017)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1
<EXPENSE-RATIO> .67
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 071
<NAME> THE AAL MID CAP STOCK FUND CLASS A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 559026647
<INVESTMENTS-AT-VALUE> 676194561
<RECEIVABLES> 16282850
<ASSETS-OTHER> 130988
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 692608399
<PAYABLE-FOR-SECURITIES> 5581750
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 827341
<TOTAL-LIABILITIES> 6409091
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 537642520
<SHARES-COMMON-STOCK> 42156519
<SHARES-COMMON-PRIOR> 36328998
<ACCUMULATED-NII-CURRENT> 27822
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 31361052
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 117167914
<NET-ASSETS> 671479580
<DIVIDEND-INCOME> 4723476
<INTEREST-INCOME> 1376271
<OTHER-INCOME> 0
<EXPENSES-NET> 7793273
<NET-INVESTMENT-INCOME> (1693526)
<REALIZED-GAINS-CURRENT> 66674556
<APPREC-INCREASE-CURRENT> 118067392
<NET-CHANGE-FROM-OPS> 183048422
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (55619593)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5854933
<NUMBER-OF-SHARES-REDEEMED> (3985235)
<SHARES-REINVESTED> 3957823
<NET-CHANGE-IN-ASSETS> 221193651
<ACCUMULATED-NII-PRIOR> 23600
<ACCUMULATED-GAINS-PRIOR> 22822205
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4070582
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7793273
<AVERAGE-NET-ASSETS> 585120955
<PER-SHARE-NAV-BEGIN> 12.71
<PER-SHARE-NII> (.037)
<PER-SHARE-GAIN-APPREC> 4.743
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.486)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.93
<EXPENSE-RATIO> 1.30
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 072
<NAME> THE AAL MID CAP STOCK FUND CLASS B
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 559026647
<INVESTMENTS-AT-VALUE> 676194561
<RECEIVABLES> 16282850
<ASSETS-OTHER> 130988
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 692608399
<PAYABLE-FOR-SECURITIES> 5581750
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 827341
<TOTAL-LIABILITIES> 6409091
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 537642520
<SHARES-COMMON-STOCK> 858826
<SHARES-COMMON-PRIOR> 257783
<ACCUMULATED-NII-CURRENT> 27822
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 31361052
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 117167914
<NET-ASSETS> 13555367
<DIVIDEND-INCOME> 4723476
<INTEREST-INCOME> 1376271
<OTHER-INCOME> 0
<EXPENSES-NET> 7793273
<NET-INVESTMENT-INCOME> (1693526)
<REALIZED-GAINS-CURRENT> 66674556
<APPREC-INCREASE-CURRENT> 118067392
<NET-CHANGE-FROM-OPS> 183048422
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (825701)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 566630
<NUMBER-OF-SHARES-REDEEMED> (24842)
<SHARES-REINVESTED> 59255
<NET-CHANGE-IN-ASSETS> 221193651
<ACCUMULATED-NII-PRIOR> 23600
<ACCUMULATED-GAINS-PRIOR> 22822205
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4070582
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7793273
<AVERAGE-NET-ASSETS> 8135551
<PER-SHARE-NAV-BEGIN> 12.69
<PER-SHARE-NII> (0.123)
<PER-SHARE-GAIN-APPREC> 4.656
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.443)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.78
<EXPENSE-RATIO> 2.33
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 073
<NAME> THE AAL MID CAP FUND CLASS I
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> JAN-02-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 559026647
<INVESTMENTS-AT-VALUE> 676194561
<RECEIVABLES> 16282850
<ASSETS-OTHER> 130988
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 692608399
<PAYABLE-FOR-SECURITIES> 5581750
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 827341
<TOTAL-LIABILITIES> 6409091
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 537642520
<SHARES-COMMON-STOCK> 72934
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 27822
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 31361052
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 117167914
<NET-ASSETS> 1164361
<DIVIDEND-INCOME> 4723476
<INTEREST-INCOME> 1376271
<OTHER-INCOME> 0
<EXPENSES-NET> 7793273
<NET-INVESTMENT-INCOME> (1693526)
<REALIZED-GAINS-CURRENT> 66674556
<APPREC-INCREASE-CURRENT> 118067392
<NET-CHANGE-FROM-OPS> 183048422
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 73106
<NUMBER-OF-SHARES-REDEEMED> (172)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 221193651
<ACCUMULATED-NII-PRIOR> 23600
<ACCUMULATED-GAINS-PRIOR> 22822205
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4070582
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7793273
<AVERAGE-NET-ASSETS> 352976
<PER-SHARE-NAV-BEGIN> 14.40
<PER-SHARE-NII> .002
<PER-SHARE-GAIN-APPREC> 1.558
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.96
<EXPENSE-RATIO> .86
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 081
<NAME> THE AAL EQUITY INCOME FUND CLASS A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 169143915
<INVESTMENTS-AT-VALUE> 207958344
<RECEIVABLES> 490046
<ASSETS-OTHER> 310576
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 208758966
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 199646
<TOTAL-LIABILITIES> 199646
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 156109760
<SHARES-COMMON-STOCK> 13816053
<SHARES-COMMON-PRIOR> 11838400
<ACCUMULATED-NII-CURRENT> 324789
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 13310342
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 38814429
<NET-ASSETS> 197653829
<DIVIDEND-INCOME> 4342834
<INTEREST-INCOME> 953977
<OTHER-INCOME> 0
<EXPENSES-NET> 1802457
<NET-INVESTMENT-INCOME> 3494354
<REALIZED-GAINS-CURRENT> 19250254
<APPREC-INCREASE-CURRENT> 24269617
<NET-CHANGE-FROM-OPS> 47014225
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3574397)
<DISTRIBUTIONS-OF-GAINS> (5528978)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3285078
<NUMBER-OF-SHARES-REDEEMED> (1967090)
<SHARES-REINVESTED> 659665
<NET-CHANGE-IN-ASSETS> 73867952
<ACCUMULATED-NII-PRIOR> 447037
<ACCUMULATED-GAINS-PRIOR> (353182)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 809233
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1802457
<AVERAGE-NET-ASSETS> 158637394
<PER-SHARE-NAV-BEGIN> 11.34
<PER-SHARE-NII> .275
<PER-SHARE-GAIN-APPREC> 3.436
<PER-SHARE-DIVIDEND> (.291)
<PER-SHARE-DISTRIBUTIONS> (.450)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.31
<EXPENSE-RATIO> 1.11
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 082
<NAME> THE AAL EQUITY INCOME CLASS B
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 169143915
<INVESTMENTS-AT-VALUE> 207958344
<RECEIVABLES> 490046
<ASSETS-OTHER> 310576
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 208758966
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 199646
<TOTAL-LIABILITIES> 199646
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 156109760
<SHARES-COMMON-STOCK> 266796
<SHARES-COMMON-PRIOR> 43529
<ACCUMULATED-NII-CURRENT> 324789
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 13310342
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 38814429
<NET-ASSETS> 3818315
<DIVIDEND-INCOME> 4342834
<INTEREST-INCOME> 953977
<OTHER-INCOME> 0
<EXPENSES-NET> 1802457
<NET-INVESTMENT-INCOME> 3494354
<REALIZED-GAINS-CURRENT> 19250254
<APPREC-INCREASE-CURRENT> 24269617
<NET-CHANGE-FROM-OPS> 47014225
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (21149)
<DISTRIBUTIONS-OF-GAINS> (60243)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 221116
<NUMBER-OF-SHARES-REDEEMED> (4028)
<SHARES-REINVESTED> 6179
<NET-CHANGE-IN-ASSETS> 73867952
<ACCUMULATED-NII-PRIOR> 447037
<ACCUMULATED-GAINS-PRIOR> (353182)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 809233
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1802457
<AVERAGE-NET-ASSETS> 1626948
<PER-SHARE-NAV-BEGIN> 11.37
<PER-SHARE-NII> .194
<PER-SHARE-GAIN-APPREC> 3.406
<PER-SHARE-DIVIDEND> (.210)
<PER-SHARE-DISTRIBUTIONS> (.450)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.31
<EXPENSE-RATIO> 2.04
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 083
<NAME> THE AAL EQUITY INCOME FUND CLASS I
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> JAN-02-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 169143915
<INVESTMENTS-AT-VALUE> 207958344
<RECEIVABLES> 490046
<ASSETS-OTHER> 310576
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 208758966
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 199646
<TOTAL-LIABILITIES> 199646
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 156109760
<SHARES-COMMON-STOCK> 495048
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 324789
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 13310342
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 38814429
<NET-ASSETS> 7087176
<DIVIDEND-INCOME> 4342834
<INTEREST-INCOME> 953977
<OTHER-INCOME> 0
<EXPENSES-NET> 1802457
<NET-INVESTMENT-INCOME> 3494354
<REALIZED-GAINS-CURRENT> 19250254
<APPREC-INCREASE-CURRENT> 24269617
<NET-CHANGE-FROM-OPS> 47014225
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (26918)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 494961
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 87
<NET-CHANGE-IN-ASSETS> 73867952
<ACCUMULATED-NII-PRIOR> 447037
<ACCUMULATED-GAINS-PRIOR> (353182)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 809233
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1802457
<AVERAGE-NET-ASSETS> 5077124
<PER-SHARE-NAV-BEGIN> 13.14
<PER-SHARE-NII> .077
<PER-SHARE-GAIN-APPREC> 1.160
<PER-SHARE-DIVIDEND> (.057)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.32
<EXPENSE-RATIO> .68
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 091
<NAME> THE AAL INTERNATIONAL FUND CLASS A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 151027064
<INVESTMENTS-AT-VALUE> 150088026
<RECEIVABLES> 50150884
<ASSETS-OTHER> 129627
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 200368537
<PAYABLE-FOR-SECURITIES> 47440003
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 405533
<TOTAL-LIABILITIES> 47845536
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 148368880
<SHARES-COMMON-STOCK> 12930549
<SHARES-COMMON-PRIOR> 10221250
<ACCUMULATED-NII-CURRENT> 2793272
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1129209
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 231641
<NET-ASSETS> 144152707
<DIVIDEND-INCOME> 2712151
<INTEREST-INCOME> 1867458
<OTHER-INCOME> 0
<EXPENSES-NET> 2730756
<NET-INVESTMENT-INCOME> 1848853
<REALIZED-GAINS-CURRENT> 11230262
<APPREC-INCREASE-CURRENT> (4013431)
<NET-CHANGE-FROM-OPS> 9065684
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4680366)
<DISTRIBUTIONS-OF-GAINS> (6818663)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3772173
<NUMBER-OF-SHARES-REDEEMED> (2164121)
<SHARES-REINVESTED> 1101247
<NET-CHANGE-IN-ASSETS> 33769261
<ACCUMULATED-NII-PRIOR> (584861)
<ACCUMULATED-GAINS-PRIOR> 3417724
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1280101
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2730756
<AVERAGE-NET-ASSETS> 133575802
<PER-SHARE-NAV-BEGIN> 11.37
<PER-SHARE-NII> .168
<PER-SHARE-GAIN-APPREC> .564
<PER-SHARE-DIVIDEND> (.375)
<PER-SHARE-DISTRIBUTIONS> (.577)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.15
<EXPENSE-RATIO> 1.91
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 092
<NAME> THE AAL INTERNATIONAL FUND CLASS B
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 151027064
<INVESTMENTS-AT-VALUE> 150088026
<RECEIVABLES> 50150884
<ASSETS-OTHER> 129627
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 200368537
<PAYABLE-FOR-SECURITIES> 47440003
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 405533
<TOTAL-LIABILITIES> 47845536
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 148368880
<SHARES-COMMON-STOCK> 715910
<SHARES-COMMON-PRIOR> 229340
<ACCUMULATED-NII-CURRENT> 2793272
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1129209
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 231641
<NET-ASSETS> 7910025
<DIVIDEND-INCOME> 2712151
<INTEREST-INCOME> 1867458
<OTHER-INCOME> 0
<EXPENSES-NET> 2730756
<NET-INVESTMENT-INCOME> 1848853
<REALIZED-GAINS-CURRENT> 11230262
<APPREC-INCREASE-CURRENT> (4013431)
<NET-CHANGE-FROM-OPS> 9065684
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (192611)
<DISTRIBUTIONS-OF-GAINS> (310653)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 479030
<NUMBER-OF-SHARES-REDEEMED> (41612)
<SHARES-REINVESTED> 49152
<NET-CHANGE-IN-ASSETS> 33769261
<ACCUMULATED-NII-PRIOR> (584861)
<ACCUMULATED-GAINS-PRIOR> 3417724
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1280101
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2730756
<AVERAGE-NET-ASSETS> 5441868
<PER-SHARE-NAV-BEGIN> 11.34
<PER-SHARE-NII> .126
<PER-SHARE-GAIN-APPREC> .494
<PER-SHARE-DIVIDEND> (.333)
<PER-SHARE-DISTRIBUTIONS> (.577)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.05
<EXPENSE-RATIO> 2.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 093
<NAME> THE AAL INTERNATIONAL FUND CLASS I
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> JAN-02-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 151027064
<INVESTMENTS-AT-VALUE> 150088026
<RECEIVABLES> 50150884
<ASSETS-OTHER> 129627
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 200368537
<PAYABLE-FOR-SECURITIES> 47440003
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 405533
<TOTAL-LIABILITIES> 47845536
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 148368880
<SHARES-COMMON-STOCK> 41212
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 2793272
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1129209
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 231641
<NET-ASSETS> 460269
<DIVIDEND-INCOME> 2712151
<INTEREST-INCOME> 1867458
<OTHER-INCOME> 0
<EXPENSES-NET> 2730756
<NET-INVESTMENT-INCOME> 1848853
<REALIZED-GAINS-CURRENT> 11230262
<APPREC-INCREASE-CURRENT> (4013431)
<NET-CHANGE-FROM-OPS> 9065684
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 41212
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 33769261
<ACCUMULATED-NII-PRIOR> (584861)
<ACCUMULATED-GAINS-PRIOR> 3417724
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1280101
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2730756
<AVERAGE-NET-ASSETS> 133864
<PER-SHARE-NAV-BEGIN> 10.11
<PER-SHARE-NII> .027
<PER-SHARE-GAIN-APPREC> 1.033
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.17
<EXPENSE-RATIO> 1.19
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 0101
<NAME> THE AAL SMALL CAP STOCK FUND CLASS A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 118268936
<INVESTMENTS-AT-VALUE> 135331035
<RECEIVABLES> 635020
<ASSETS-OTHER> 282128
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 136248183
<PAYABLE-FOR-SECURITIES> 969531
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 185983
<TOTAL-LIABILITIES> 1155514
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 114599301
<SHARES-COMMON-STOCK> 8689794
<SHARES-COMMON-PRIOR> 4520022
<ACCUMULATED-NII-CURRENT> 9359
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3421910
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17062099
<NET-ASSETS> 120285342
<DIVIDEND-INCOME> 414834
<INTEREST-INCOME> 193471
<OTHER-INCOME> 0
<EXPENSES-NET> 1646285
<NET-INVESTMENT-INCOME> (1037980)
<REALIZED-GAINS-CURRENT> 9736718
<APPREC-INCREASE-CURRENT> 20348718
<NET-CHANGE-FROM-OPS> 29047456
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (4330010)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4581398
<NUMBER-OF-SHARES-REDEEMED> (770817)
<SHARES-REINVESTED> 359191
<NET-CHANGE-IN-ASSETS> 87210458
<ACCUMULATED-NII-PRIOR> 4720
<ACCUMULATED-GAINS-PRIOR> (628403)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 690590
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1646285
<AVERAGE-NET-ASSETS> 83488720
<PER-SHARE-NAV-BEGIN> 9.84
<PER-SHARE-NII> (.101)
<PER-SHARE-GAIN-APPREC> 4.726
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.625)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.84
<EXPENSE-RATIO> 1.71
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 0102
<NAME> THE AAL SMALL CAP FUND CLASS B
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 118268936
<INVESTMENTS-AT-VALUE> 135331035
<RECEIVABLES> 635020
<ASSETS-OTHER> 282128
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 136248183
<PAYABLE-FOR-SECURITIES> 969531
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 185983
<TOTAL-LIABILITIES> 1155514
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 114599301
<SHARES-COMMON-STOCK> 1047930
<SHARES-COMMON-PRIOR> 345827
<ACCUMULATED-NII-CURRENT> 9359
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3421910
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17062099
<NET-ASSETS> 14389944
<DIVIDEND-INCOME> 414834
<INTEREST-INCOME> 193471
<OTHER-INCOME> 0
<EXPENSES-NET> 1646285
<NET-INVESTMENT-INCOME> (1037980)
<REALIZED-GAINS-CURRENT> 9736718
<APPREC-INCREASE-CURRENT> 20348718
<NET-CHANGE-FROM-OPS> 29047456
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (429281)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 707744
<NUMBER-OF-SHARES-REDEEMED> (41520)
<SHARES-REINVESTED> 35879
<NET-CHANGE-IN-ASSETS> 87210458
<ACCUMULATED-NII-PRIOR> 4720
<ACCUMULATED-GAINS-PRIOR> (628403)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 690590
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1646285
<AVERAGE-NET-ASSETS> 8563594
<PER-SHARE-NAV-BEGIN> 9.81
<PER-SHARE-NII> (.158)
<PER-SHARE-GAIN-APPREC> 4.667
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.589)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.73
<EXPENSE-RATIO> 2.60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 0103
<NAME> THE AAL SMALL CAP STOCK FUND CLASS I
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> JAN-02-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 118268936
<INVESTMENTS-AT-VALUE> 135331035
<RECEIVABLES> 635020
<ASSETS-OTHER> 282128
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 136248183
<PAYABLE-FOR-SECURITIES> 969531
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 185983
<TOTAL-LIABILITIES> 1155514
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 114599301
<SHARES-COMMON-STOCK> 30103
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 9359
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3421910
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 17062099
<NET-ASSETS> 417383
<DIVIDEND-INCOME> 414834
<INTEREST-INCOME> 193471
<OTHER-INCOME> 0
<EXPENSES-NET> 1646285
<NET-INVESTMENT-INCOME> (1037980)
<REALIZED-GAINS-CURRENT> 9736718
<APPREC-INCREASE-CURRENT> 20348718
<NET-CHANGE-FROM-OPS> 29047456
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 30103
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 87210458
<ACCUMULATED-NII-PRIOR> 4720
<ACCUMULATED-GAINS-PRIOR> (628403)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 690590
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1646285
<AVERAGE-NET-ASSETS> 143381
<PER-SHARE-NAV-BEGIN> 12.45
<PER-SHARE-NII> (.006)
<PER-SHARE-GAIN-APPREC> 1.426
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.87
<EXPENSE-RATIO> 1.19
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 0111
<NAME> THE AAL HIGH YIELD BOND FUND CLASS A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 107545061
<INVESTMENTS-AT-VALUE> 108318482
<RECEIVABLES> 5817316
<ASSETS-OTHER> 194758
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 114330556
<PAYABLE-FOR-SECURITIES> 3269750
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 338755
<TOTAL-LIABILITIES> 3608505
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 109109163
<SHARES-COMMON-STOCK> 9778939
<SHARES-COMMON-PRIOR> 4522329
<ACCUMULATED-NII-CURRENT> 8630
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 830837
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 773421
<NET-ASSETS> 100828858
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8647495
<OTHER-INCOME> 0
<EXPENSES-NET> 906716
<NET-INVESTMENT-INCOME> 7740779
<REALIZED-GAINS-CURRENT> 1860676
<APPREC-INCREASE-CURRENT> 1260221
<NET-CHANGE-FROM-OPS> 10861676
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7235858)
<DISTRIBUTIONS-OF-GAINS> (904721)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7562713
<NUMBER-OF-SHARES-REDEEMED> (2759953)
<SHARES-REINVESTED> 453850
<NET-CHANGE-IN-ASSETS> 63381105
<ACCUMULATED-NII-PRIOR> 2019
<ACCUMULATED-GAINS-PRIOR> (58339)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 522217
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1080365
<AVERAGE-NET-ASSETS> 79947793
<PER-SHARE-NAV-BEGIN> 9.88
<PER-SHARE-NII> .919
<PER-SHARE-GAIN-APPREC> .528
<PER-SHARE-DIVIDEND> (.919)
<PER-SHARE-DISTRIBUTIONS> (.098)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.31
<EXPENSE-RATIO> .99
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 0112
<NAME> THE AAL HIGH YIELD BOND FUND CLASS B
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 107545061
<INVESTMENTS-AT-VALUE> 108318482
<RECEIVABLES> 5817316
<ASSETS-OTHER> 194758
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 114330556
<PAYABLE-FOR-SECURITIES> 3269750
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 338755
<TOTAL-LIABILITIES> 3608505
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 109109163
<SHARES-COMMON-STOCK> 941909
<SHARES-COMMON-PRIOR> 269145
<ACCUMULATED-NII-CURRENT> 8630
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 830837
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 773421
<NET-ASSETS> 9714463
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8647495
<OTHER-INCOME> 0
<EXPENSES-NET> 906716
<NET-INVESTMENT-INCOME> 7740779
<REALIZED-GAINS-CURRENT> 1860676
<APPREC-INCREASE-CURRENT> 1260221
<NET-CHANGE-FROM-OPS> 10861676
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (500450)
<DISTRIBUTIONS-OF-GAINS> (66779)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 664944
<NUMBER-OF-SHARES-REDEEMED> (27277)
<SHARES-REINVESTED> 35097
<NET-CHANGE-IN-ASSETS> 63381105
<ACCUMULATED-NII-PRIOR> 2019
<ACCUMULATED-GAINS-PRIOR> (58339)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 522217
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1080365
<AVERAGE-NET-ASSETS> 6077592
<PER-SHARE-NAV-BEGIN> 9.88
<PER-SHARE-NII> .843
<PER-SHARE-GAIN-APPREC> .528
<PER-SHARE-DIVIDEND> (.843)
<PER-SHARE-DISTRIBUTIONS> (.098)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.31
<EXPENSE-RATIO> 1.74
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 0113
<NAME> THE AAL HIGH YIELD BOND FUND CLASS I
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> JAN-02-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 107545061
<INVESTMENTS-AT-VALUE> 108318482
<RECEIVABLES> 5817316
<ASSETS-OTHER> 194758
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 114330556
<PAYABLE-FOR-SECURITIES> 3269750
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 338755
<TOTAL-LIABILITIES> 3608505
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 109109163
<SHARES-COMMON-STOCK> 17344
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 8630
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 830837
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 773421
<NET-ASSETS> 178730
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 8647495
<OTHER-INCOME> 0
<EXPENSES-NET> 906716
<NET-INVESTMENT-INCOME> 7740779
<REALIZED-GAINS-CURRENT> 1860676
<APPREC-INCREASE-CURRENT> 1260221
<NET-CHANGE-FROM-OPS> 10861676
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4471)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 16914
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 430
<NET-CHANGE-IN-ASSETS> 63381105
<ACCUMULATED-NII-PRIOR> 2019
<ACCUMULATED-GAINS-PRIOR> (58339)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 522217
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1080365
<AVERAGE-NET-ASSETS> 126086
<PER-SHARE-NAV-BEGIN> 10.29
<PER-SHARE-NII> .312
<PER-SHARE-GAIN-APPREC> .020
<PER-SHARE-DIVIDEND> (.312)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.31
<EXPENSE-RATIO> .75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 0121
<NAME> THE AAL BALANCED FUND CLASS A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> DEC-29-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 30917680
<INVESTMENTS-AT-VALUE> 31901446
<RECEIVABLES> 128280
<ASSETS-OTHER> 200510
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32230236
<PAYABLE-FOR-SECURITIES> 1044488
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 108681
<TOTAL-LIABILITIES> 1153169
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 30085771
<SHARES-COMMON-STOCK> 2559097
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 41102
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (33572)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 983766
<NET-ASSETS> 27674985
<DIVIDEND-INCOME> 25598
<INTEREST-INCOME> 138370
<OTHER-INCOME> 0
<EXPENSES-NET> 66892
<NET-INVESTMENT-INCOME> 97076
<REALIZED-GAINS-CURRENT> (33572)
<APPREC-INCREASE-CURRENT> 983766
<NET-CHANGE-FROM-OPS> 1047270
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (50767)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2577656
<NUMBER-OF-SHARES-REDEEMED> (23136)
<SHARES-REINVESTED> 4577
<NET-CHANGE-IN-ASSETS> 31077067
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 27618
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 78310
<AVERAGE-NET-ASSETS> 12705456
<PER-SHARE-NAV-BEGIN> 10
<PER-SHARE-NII> .041
<PER-SHARE-GAIN-APPREC> .796
<PER-SHARE-DIVIDEND> (.027)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.81
<EXPENSE-RATIO> 1.37
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 0122
<NAME> THE AAL BALANCED FUND CLASS B
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> DEC-29-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 30917680
<INVESTMENTS-AT-VALUE> 31901446
<RECEIVABLES> 128280
<ASSETS-OTHER> 200510
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32230236
<PAYABLE-FOR-SECURITIES> 1044488
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 108681
<TOTAL-LIABILITIES> 1153169
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 30085771
<SHARES-COMMON-STOCK> 215470
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 41102
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (33572)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 983766
<NET-ASSETS> 2325727
<DIVIDEND-INCOME> 25598
<INTEREST-INCOME> 138370
<OTHER-INCOME> 0
<EXPENSES-NET> 66892
<NET-INVESTMENT-INCOME> 97076
<REALIZED-GAINS-CURRENT> (33572)
<APPREC-INCREASE-CURRENT> 983766
<NET-CHANGE-FROM-OPS> 1047270
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2521)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 216251
<NUMBER-OF-SHARES-REDEEMED> (1015)
<SHARES-REINVESTED> 234
<NET-CHANGE-IN-ASSETS> 31077067
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 27618
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 78310
<AVERAGE-NET-ASSETS> 918159
<PER-SHARE-NAV-BEGIN> 10
<PER-SHARE-NII> .034
<PER-SHARE-GAIN-APPREC> .776
<PER-SHARE-DIVIDEND> (.020)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.79
<EXPENSE-RATIO> 2.11
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 0123
<NAME> THE AAL BALANCED FUND CLASS I
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 4-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> JAN-02-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 30917680
<INVESTMENTS-AT-VALUE> 31901446
<RECEIVABLES> 128280
<ASSETS-OTHER> 200510
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32230236
<PAYABLE-FOR-SECURITIES> 1044488
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 108681
<TOTAL-LIABILITIES> 1153169
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 30085771
<SHARES-COMMON-STOCK> 99724
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 41102
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (33572)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 983766
<NET-ASSETS> 1076355
<DIVIDEND-INCOME> 25598
<INTEREST-INCOME> 138370
<OTHER-INCOME> 0
<EXPENSES-NET> 66892
<NET-INVESTMENT-INCOME> 97076
<REALIZED-GAINS-CURRENT> (33572)
<APPREC-INCREASE-CURRENT> 983766
<NET-CHANGE-FROM-OPS> 1047270
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2686)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 99473
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 251
<NET-CHANGE-IN-ASSETS> 31077067
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 27618
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 78310
<AVERAGE-NET-ASSETS> 1006801
<PER-SHARE-NAV-BEGIN> 10
<PER-SHARE-NII> .042
<PER-SHARE-GAIN-APPREC> .775
<PER-SHARE-DIVIDEND> (.027)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.79
<EXPENSE-RATIO> 1.98
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 5
<NAME> THE U.S. GOVERNMENT ZERO COUPON TARGET FUND SERIES 2001
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 1482062
<INVESTMENTS-AT-VALUE> 1561924
<RECEIVABLES> 4360
<ASSETS-OTHER> 1291
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1567575
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 42579
<TOTAL-LIABILITIES> 42579
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1440248
<SHARES-COMMON-STOCK> 143736
<SHARES-COMMON-PRIOR> 164753
<ACCUMULATED-NII-CURRENT> 309
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 4577
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 79862
<NET-ASSETS> 1524996
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 114480
<OTHER-INCOME> 0
<EXPENSES-NET> 12700
<NET-INVESTMENT-INCOME> 101780
<REALIZED-GAINS-CURRENT> 11549
<APPREC-INCREASE-CURRENT> 37006
<NET-CHANGE-FROM-OPS> 150335
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (101780)
<DISTRIBUTIONS-OF-GAINS> (11128)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> (30893)
<SHARES-REINVESTED> 9876
<NET-CHANGE-IN-ASSETS> (185818)
<ACCUMULATED-NII-PRIOR> 309
<ACCUMULATED-GAINS-PRIOR> 4156
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13799
<AVERAGE-NET-ASSETS> 1647099
<PER-SHARE-NAV-BEGIN> 10.38
<PER-SHARE-NII> .636
<PER-SHARE-GAIN-APPREC> .303
<PER-SHARE-DIVIDEND> (.636)
<PER-SHARE-DISTRIBUTIONS> (.073)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.61
<EXPENSE-RATIO> .77
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000811869
<NAME> THE AAL MUTUAL FUNDS
<SERIES>
<NUMBER> 6
<NAME> THE U.S. GOVERNMENT ZERO COUPON TARGET FUND SERIES 2006
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> APR-30-1998
<PERIOD-START> MAY-01-1997
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 1405407
<INVESTMENTS-AT-VALUE> 1650534
<RECEIVABLES> 3720
<ASSETS-OTHER> 1074
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1655328
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 39383
<TOTAL-LIABILITIES> 39383
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1367201
<SHARES-COMMON-STOCK> 133212
<SHARES-COMMON-PRIOR> 129303
<ACCUMULATED-NII-CURRENT> 805
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2812
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 245127
<NET-ASSETS> 1615945
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 105761
<OTHER-INCOME> 0
<EXPENSES-NET> 12698
<NET-INVESTMENT-INCOME> 93063
<REALIZED-GAINS-CURRENT> 9308
<APPREC-INCREASE-CURRENT> 119280
<NET-CHANGE-FROM-OPS> 221651
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (93063)
<DISTRIBUTIONS-OF-GAINS> (14421)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> (4504)
<SHARES-REINVESTED> 8413
<NET-CHANGE-IN-ASSETS> 163075
<ACCUMULATED-NII-PRIOR> 805
<ACCUMULATED-GAINS-PRIOR> 7926
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13870
<AVERAGE-NET-ASSETS> 1538510
<PER-SHARE-NAV-BEGIN> 11.24
<PER-SHARE-NII> .701
<PER-SHARE-GAIN-APPREC> 1.004
<PER-SHARE-DIVIDEND> (.701)
<PER-SHARE-DISTRIBUTIONS> (.114)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.13
<EXPENSE-RATIO> .82
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
