IAI INVESTMENT FUNDS VI INC
NSAR-A, 1999-11-29
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<PAGE>      PAGE  1
000 A000000 09/30/99
000 C000000 0000874775
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 IAI INVESTMENT FUND VI, INC.
001 B000000 811-5990
001 C000000 4142873572
002 A000000 615 EAST MICHIGAN STREET
002 B000000 MILWAUKEE
002 C000000 WI
002 D010000 53202
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  5
007 C010100  1
007 C020100 IAI EMERGING GROWTH FUND
007 C030100 N
007 C010200  2
007 C010300  3
007 C020300 IAI MIDCAP GROWTH FUND
007 C030300 N
007 C010400  4
007 C010500  5
007 C020500 IAI BALANCED FUND
007 C030500 N
007 C010600  6
007 C010700  7
007 C020700 IAI CAPITAL APPRECIATION FUND
007 C030700 N
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 INVESTMENT ADVISERS, INC.
008 B00AA01 A
008 C00AA01 801-3784
008 D01AA01 MINNEAPOLIS
008 D02AA01 MN
008 D03AA01 55402
008 D04AA01 4327
010 A00AA01 FIRSTAR MUTUAL FUND SERVICES, LLC
010 B00AA01 85-11357
010 C01AA01 MILWAUKEE
010 C02AA01 WI
<PAGE>      PAGE  2
010 C03AA01 53202
011 A00AA01 INVESTMENT ADVISERS, INC.
011 B00AA01 8-013784
011 C01AA01 MINNEAPOLIS
011 C02AA01 MN
011 C03AA01 55402
011 C04AA01 4327
012 A00AA01 FIRSTAR MUTUAL FUND SERVICES, LLC
012 B00AA01 85-11357
012 C01AA01 MILWAUKEE
012 C02AA01 WI
012 C03AA01 53202
013 A00AA01 KPMG, LLP
013 B01AA01 MINNEAPOLIS
013 B02AA01 MN
013 B03AA01 55402
015 A00AA01 FIRSTAR BANK MILWAUKEE, N.A.
015 B00AA01 C
015 C01AA01 MILWAUKEE
015 C02AA01 WI
015 C03AA01 53202
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   15
019 C00AA00 INVESTADVS
020 A000001 NEEDHAM & COMPANY
020 C000001     17
020 A000002 INVESTMENT TECHNOLOGY
020 C000002     17
020 A000003 MERRILL LYNCH
020 B000003 13-5674085
020 C000003     17
020 A000004 INSTINET
020 B000004 13-3443395
020 C000004      9
020 A000005 LEHMAN BROTHERS
020 B000005 13-2518466
020 C000005      7
020 A000006 JEFFRIES & COMPANY
020 B000006 95-2622900
020 C000006      7
020 A000007 CANTOR FITZGERALD COMPANY
020 B000007 95-1786286
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020 A000008 S&P SECURITIES
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020 A000009 EQUITABLE SECURITIES
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020 A000010 PIPER JAFFREY
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  17
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<PAGE>      PAGE  19
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SIGNATURE   CHRISTINE GRAY
TITLE       ASSISTANT SECRETARY
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                                            6
<CIK>                         0000874775
<NAME>                        IAI INVESTMENT FUNDS VI, INC.
<SERIES>
   <NUMBER>                   1
   <NAME>                     IAI Emerging Growth Fund

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              MAR-31-2000
<PERIOD-START>                                 APR-01-1999
<PERIOD-END>                                   SEP-30-1999
<INVESTMENTS-AT-COST>                          47,416,285
<INVESTMENTS-AT-VALUE>                         54,926,765
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<OTHER-ITEMS-ASSETS>                           0
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<OVERDISTRIB-NII-PRIOR>                        (28,049)
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[AVG-DEBT-OUTSTANDING]                         0
[AVG-DEBT-PER-SHARE]                           0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                                            6
<CIK>                         0000874775
<NAME>                        IAI INVESTMENT FUNDS VI, INC.
<SERIES>
   <NUMBER>                   3
   <NAME>                     Midcap Growth Fund

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              MAR-31-2000
<PERIOD-START>                                 APR-01-1999
<PERIOD-END>                                   SEP-30-1999
<INVESTMENTS-AT-COST>                          31,066,927
<INVESTMENTS-AT-VALUE>                         34,117,464
<RECEIVABLES>                                  15,797
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<OTHER-ITEMS-ASSETS>                           0
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<PAYABLE-FOR-SECURITIES>                       0
<SENIOR-LONG-TERM-DEBT>                        0
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<SENIOR-EQUITY>                                0
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<OVERDISTRIBUTION-GAINS>                       0
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<OTHER-INCOME>                                 0
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<EQUALIZATION>                                 0
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<DISTRIBUTIONS-OF-GAINS>                       (4,298,248)
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<NET-CHANGE-IN-ASSETS>                         (3,276,901)
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<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     0
<GROSS-ADVISORY-FEES>                          (237,450)
<INTEREST-EXPENSE>                             (122)
<GROSS-EXPENSE>                                (243,519)
<AVERAGE-NET-ASSETS>                           37,891,400
<PER-SHARE-NAV-BEGIN>                          14.32
<PER-SHARE-NII>                                (.06)
<PER-SHARE-GAIN-APPREC>                        0.42
<PER-SHARE-DIVIDEND>                           0
<PER-SHARE-DISTRIBUTIONS>                      (1.69)
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            12.99
<EXPENSE-RATIO>                                1.25
[AVG-DEBT-OUTSTANDING]                         0
[AVG-DEBT-PER-SHARE]                           0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                                            6
<CIK>                         0000874775
<NAME>                        IAI INVESTMENT FUNDS IV, INC.
<SERIES>
   <NUMBER>                   5
   <NAME>                     IAI Balanced Fund

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              MAR-31-2000
<PERIOD-START>                                 APR-30-1999
<PERIOD-END>                                   SEP-30-1999
<INVESTMENTS-AT-COST>                          17,964,747
<INVESTMENTS-AT-VALUE>                         18,041,203
<RECEIVABLES>                                  255,939
<ASSETS-OTHER>                                 203,991
<OTHER-ITEMS-ASSETS>                           0
<TOTAL-ASSETS>                                 18,501,133
<PAYABLE-FOR-SECURITIES>                       186,479
<SENIOR-LONG-TERM-DEBT>                        0
<OTHER-ITEMS-LIABILITIES>                      339,307
<TOTAL-LIABILITIES>                            525,786
<SENIOR-EQUITY>                                0
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<SHARES-COMMON-STOCK>                          1,977,498
<SHARES-COMMON-PRIOR>                          2,354,785
<ACCUMULATED-NII-CURRENT>                      277,591
<OVERDISTRIBUTION-NII>                         0
<ACCUMULATED-NET-GAINS>                        442,548
<OVERDISTRIBUTION-GAINS>                       0
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<NET-ASSETS>                                   17,975,347
<DIVIDEND-INCOME>                              132,657
<INTEREST-INCOME>                              278,907
<OTHER-INCOME>                                 0
<EXPENSES-NET>                                 (133,973)
<NET-INVESTMENT-INCOME>                        260,808
<REALIZED-GAINS-CURRENT>                       1,254,304
<APPREC-INCREASE-CURRENT>                      (2,417,800)
<NET-CHANGE-FROM-OPS>                          (885,905)
<EQUALIZATION>                                 0
<DISTRIBUTIONS-OF-INCOME>                      (453,261)
<DISTRIBUTIONS-OF-GAINS>                       (2,008,149)
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        131,432
<NUMBER-OF-SHARES-REDEEMED>                    (755,755)
<SHARES-REINVESTED>                            247,036
<NET-CHANGE-IN-ASSETS>                         (7,420,629)
<ACCUMULATED-NII-PRIOR>                        436,478
<ACCUMULATED-GAINS-PRIOR>                      1,196,393
<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     0
<GROSS-ADVISORY-FEES>                          (133,161)
<INTEREST-EXPENSE>                             (812)
<GROSS-EXPENSE>                                (137,340)
<AVERAGE-NET-ASSETS>                           21,248,819
<PER-SHARE-NAV-BEGIN>                          10.78
<PER-SHARE-NII>                                0.18
<PER-SHARE-GAIN-APPREC>                        (0.62)
<PER-SHARE-DIVIDEND>                           (0.23)
<PER-SHARE-DISTRIBUTIONS>                      (1.02)
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            9.09
<EXPENSE-RATIO>                                1.26
[AVG-DEBT-OUTSTANDING]                         0
[AVG-DEBT-PER-SHARE]                           0


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                                            6
<CIK>                         0000874775
<NAME>                        IAI INVESTMENT FUNDS VI, INC.
<SERIES>
   <NUMBER>                   7
   <NAME>                     IAI Capital Appreciation Fund

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                              MAR-31-2000
<PERIOD-START>                                 APR-01-1999
<PERIOD-END>                                   SEP-30-1999
<INVESTMENTS-AT-COST>                          18,579,366
<INVESTMENTS-AT-VALUE>                         18,391,558
<RECEIVABLES>                                  1,138,430
<ASSETS-OTHER>                                 74,019
<OTHER-ITEMS-ASSETS>                           0
<TOTAL-ASSETS>                                 19,604,007
<PAYABLE-FOR-SECURITIES>                       377,289
<SENIOR-LONG-TERM-DEBT>                        0
<OTHER-ITEMS-LIABILITIES>                      166,865
<TOTAL-LIABILITIES>                            544,154
<SENIOR-EQUITY>                                0
<PAID-IN-CAPITAL-COMMON>                       13,607,285
<SHARES-COMMON-STOCK>                          1,418,726
<SHARES-COMMON-PRIOR>                          2,955,171
<ACCUMULATED-NII-CURRENT>                      0
<OVERDISTRIBUTION-NII>                         (181,105)
<ACCUMULATED-NET-GAINS>                        5,821,481
<OVERDISTRIBUTION-GAINS>                       0
<ACCUM-APPREC-OR-DEPREC>                       (187,808)
<NET-ASSETS>                                   19,059,853
<DIVIDEND-INCOME>                              14,913
<INTEREST-INCOME>                              37,561
<OTHER-INCOME>                                 0
<EXPENSES-NET>                                 (233,579)
<NET-INVESTMENT-INCOME>                        (181,105)
<REALIZED-GAINS-CURRENT>                       5,902,472
<APPREC-INCREASE-CURRENT>                      (2,576,763)
<NET-CHANGE-FROM-OPS>                          3,144,604
<EQUALIZATION>                                 0
<DISTRIBUTIONS-OF-INCOME>                      0
<DISTRIBUTIONS-OF-GAINS>                       (1,278,852)
<DISTRIBUTIONS-OTHER>                          0
<NUMBER-OF-SHARES-SOLD>                        612,802
<NUMBER-OF-SHARES-REDEEMED>                    (2,240,489)
<SHARES-REINVESTED>                            91,242
<NET-CHANGE-IN-ASSETS>                         (30,684,223)
<ACCUMULATED-NII-PRIOR>                        0
<ACCUMULATED-GAINS-PRIOR>                      1,197,861
<OVERDISTRIB-NII-PRIOR>                        0
<OVERDIST-NET-GAINS-PRIOR>                     0
<GROSS-ADVISORY-FEES>                          (233,579)
<INTEREST-EXPENSE>                             0
<GROSS-EXPENSE>                                (238,788)
<AVERAGE-NET-ASSETS>                           33,277,548
<PER-SHARE-NAV-BEGIN>                          12.94
<PER-SHARE-NII>                                (0.08)
<PER-SHARE-GAIN-APPREC>                        1.06
<PER-SHARE-DIVIDEND>                           0
<PER-SHARE-DISTRIBUTIONS>                      (0.49)
<RETURNS-OF-CAPITAL>                           0
<PER-SHARE-NAV-END>                            13.43
<EXPENSE-RATIO>                                1.4
[AVG-DEBT-OUTSTANDING]                         0
[AVG-DEBT-PER-SHARE]                           0


</TABLE>


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