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<PAGE> PAGE 12
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<PAGE> PAGE 13
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012 B000401 85-11215
012 C010401 DALLAS
012 C020401 TX
012 C030401 75202
012 A000402 GOLDMAN SACHS & CO
012 B000402 84-0110
012 C010402 CHICAGO
012 C020402 IL
012 C030402 60606
015 A000401 NATIONSBANK OF TEXAS, N.A.
015 B000401 C
015 C010401 DALLAS
015 C020401 TX
015 C030401 75202
015 E010401 X
024 000400 N
025 A000401 DELETE
025 D000401 0
025 A000402 DELETE
<PAGE> PAGE 21
025 D000402 0
025 D000403 0
025 D000404 0
025 D000405 0
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 1121
028 A020400 0
028 A030400 0
028 A040400 54
028 B010400 149
028 B020400 3
028 B030400 0
028 B040400 18
028 C010400 363
028 C020400 6
028 C030400 0
028 C040400 5
028 D010400 2
028 D020400 6
028 D030400 0
028 D040400 0
028 E010400 32
028 E020400 8
028 E030400 0
028 E040400 10
028 F010400 10
028 F020400 8
028 F030400 0
028 F040400 337
028 G010400 1677
028 G020400 31
028 G030400 0
028 G040400 424
028 H000400 0
037 000400 N
038 000400 0
039 000400 N
040 000400 Y
041 000400 Y
042 A000400 100
042 B000400 0
042 C000400 0
042 D000400 0
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 0
043 000400 0
044 000400 1
<PAGE> PAGE 22
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.200
048 A010400 0
048 A020400 0.000
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
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 Y
053 B000400 Y
058 A000400 N
059 000400 Y
060 A000400 Y
060 B000400 Y
061 000400 10000
062 A000400 N
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 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
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<PAGE> PAGE 23
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
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
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 Y
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 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400 0
071 B000400 0
071 C000400 0
071 D000400 0
072 A000400 6
072 B000400 45
<PAGE> PAGE 24
072 C000400 0
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072 E000400 -2
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072 N000400 10
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072 R000400 2
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072 T000400 2
072 U000400 1
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072 Z000400 40
072AA000400 0
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072DD010400 40
072DD020400 0
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073 A010400 0.3062
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074 M000400 20
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<PAGE> PAGE 25
074 Q000400 0
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074 T000400 1243
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076 000400 0.00
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008 B000501 A
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008 D010501 FORT WORTH
008 D020501 TX
008 D030501 76155
008 A000502 MORGAN STANLEY ASSET MANAGEMENT INC
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008 C000502 801-15757
008 D010502 LONDON
008 D050502 ENGLAND
008 D060502 E144QA
008 A000503 TEMPLETON INVESTMENT COUNSEL, INC.
008 B000503 S
008 C000503 801-15125
008 D010503 FORT LAUDERDALE
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008 D030503 33394
008 D040503 3091
008 A000504 HOTCHKIS AND WILEY
008 B000504 S
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008 D010504 LOS ANGELES
008 D020504 CA
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<PAGE> PAGE 26
008 D030505 21202
012 A000501 NATIONSBANK OF TEXAS, N.A.
012 B000501 85-11215
012 C010501 DALLAS
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012 A000502 GOLDMAN SACHS & CO
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012 C010502 CHICAGO
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012 C030502 60606
015 A000501 DELETE
015 A000502 NATIONSBANK OF TEXAS, N.A.
015 B000502 C
015 C010502 DALLAS
015 C020502 TX
015 C030502 75202
015 E010502 X
024 000500 N
025 A000501 DELETE
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025 A000502 DELETE
025 D000502 0
025 A000503 DELETE
025 D000503 0
025 A000504 DELETE
025 D000504 0
025 A000505 DELETE
025 D000505 0
025 D000506 0
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028 A010500 1411
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028 B020500 7
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<PAGE> PAGE 27
028 E040500 86
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037 000500 N
038 000500 0
039 000500 N
040 000500 Y
041 000500 Y
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042 E000500 0
042 F000500 0
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045 000500 Y
046 000500 N
047 000500 Y
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<PAGE> PAGE 28
049 000500 N
050 000500 N
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052 000500 N
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058 A000500 N
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066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 Y
069 000500 N
070 A010500 Y
070 A020500 N
070 B010500 N
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070 C020500 N
070 D010500 N
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070 E010500 N
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<PAGE> PAGE 29
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
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070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 N
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 0
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072 A000500 6
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072 E000500 -5
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<PAGE> PAGE 30
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<PAGE> PAGE 31
082 B000500 0
008 A000701 AMR INVESTMENT SERVICES, INC.
008 B000701 A
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008 D030701 76155
012 A000701 NATIONSBANK OF TEXAS, N.A.
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<PAGE> PAGE 32
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040 000700 Y
041 000700 Y
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045 000700 Y
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<PAGE> PAGE 33
049 000700 N
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<PAGE> PAGE 34
070 I020700 N
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<PAGE> PAGE 35
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<PAGE> PAGE 36
008 D030801 76155
012 A000801 NATIONSBANK OF TEXAS, N.A.
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<PAGE> PAGE 37
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<PAGE> PAGE 38
058 A000800 N
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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SIGNATURE JANICE B. SCHWARZ
TITLE ASSISTANT SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AMERICAN
AADVANTAGE MILEAGE FUNDS STATEMENTS OF OPERATIONS, STATEMENTS OF ASSETS AND
LIABILITIES, FINANCIAL HIGHLIGHTS AND CHANGES IN NET ASSETS AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH SEMI ANNUAL REPORT DATED APRIL 30, 1996.
</LEGEND>
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE GROWTH AND INCOME MILEAGE FUND
<SERIES>
<NUMBER> 110
<NAME> AMERICAN AADVANTAGE GROWTH AND INCOME MILEAGE FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 4,913,288
<RECEIVABLES> 19,062
<ASSETS-OTHER> 8,513
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4,940,863
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,943
<TOTAL-LIABILITIES> 12,943
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4,502,178
<SHARES-COMMON-STOCK> 272,359
<SHARES-COMMON-PRIOR> 50
<ACCUMULATED-NII-CURRENT> 23,153
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 189,012
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 213,577
<NET-ASSETS> 4,927,920
<DIVIDEND-INCOME> 50,113
<INTEREST-INCOME> 6,250
<OTHER-INCOME> 34
<EXPENSES-NET> 18,101
<NET-INVESTMENT-INCOME> 38,296
<REALIZED-GAINS-CURRENT> 189,012
<APPREC-INCREASE-CURRENT> 213,577
<NET-CHANGE-FROM-OPS> 440,885
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 15,143
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 286,510
<NUMBER-OF-SHARES-REDEEMED> 15,047
<SHARES-REINVESTED> 846
<NET-CHANGE-IN-ASSETS> 4,926,920
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 3,671,426
<PER-SHARE-NAV-BEGIN> 15.94
<PER-SHARE-NII> 0.17
<PER-SHARE-GAIN-APPREC> 2.07
<PER-SHARE-DIVIDEND> 0.09
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.09
<EXPENSE-RATIO> 0.99
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAIN SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AMERICAN
AADVANTAGE MILEAGE FUNDS STATEMTNS OF OPERATIONS, STATEMENTS OF ASSETS AND
LIABILITIES, FINANCIAL HIGHLIGHTS AND CHANGES IN NET ASSETS AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH SEMI ANNUAL REPORT DATED APRIL 30, 1996.
</LEGEND>
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE BALANCED MILEAGE FUND
<SERIES>
<NUMBER> 120
<NAME> AMERICAN AADVANTAGE BALANCED MILEAGE FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1996
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 2,079,288
<RECEIVABLES> 18,410
<ASSETS-OTHER> 24,258
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,121,956
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 18,701
<TOTAL-LIABILITIES> 18,701
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,999,223
<SHARES-COMMON-STOCK> 139,289
<SHARES-COMMON-PRIOR> 50
<ACCUMULATED-NII-CURRENT> 18,429
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 62,015
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 23,588
<NET-ASSETS> 2,103,255
<DIVIDEND-INCOME> 13,873
<INTEREST-INCOME> 20,829
<OTHER-INCOME> 37
<EXPENSES-NET> 7,845
<NET-INVESTMENT-INCOME> 26,894
<REALIZED-GAINS-CURRENT> 62,015
<APPREC-INCREASE-CURRENT> 23,588
<NET-CHANGE-FROM-OPS> 112,497
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 8,465
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 145,608
<NUMBER-OF-SHARES-REDEEMED> 6,904
<SHARES-REINVESTED> 535
<NET-CHANGE-IN-ASSETS> 2,102,255
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 1,573,941
<PER-SHARE-NAV-BEGIN> 13.97
<PER-SHARE-NII> 0.23
<PER-SHARE-GAIN-APPREC> 1.00
<PER-SHARE-DIVIDEND> 0.10
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.10
<EXPENSE-RATIO> 1.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AMERICAN
AADVANTAGE MILEAGE FUNDS STATEMENTS OF OPERATIONS, STATEMENTS OF ASSETS AND
LIABILITIES, FINANCIAL HIGHLIGHTS AND CHANGES IN NET ASSETS AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH SEMI ANNUAL REPORT DATE APRIL 30, 1996
</LEGEND>
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE MONEY MARKET MILEAGE FUND- MILEAGE CLASS
<SERIES>
<NUMBER> 130
<NAME> AMERICAN AADVANTAGE MONEY MARKET MILEAGE FUND-MILEAGE CLASS
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 105,821,045
<RECEIVABLES> 18,397
<ASSETS-OTHER> 8,513
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 105,847,955
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 529,403
<TOTAL-LIABILITIES> 529,403
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 105,318,552
<SHARES-COMMON-STOCK> 93,833,453<F1>
<SHARES-COMMON-PRIOR> 94,000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 105,318,552
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,977,449
<OTHER-INCOME> 0
<EXPENSES-NET> 348,767
<NET-INVESTMENT-INCOME> 2,628,682
<REALIZED-GAINS-CURRENT> 2,556
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 2,631,238
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,550,141
<DISTRIBUTIONS-OF-GAINS> 2,467
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 147,405,017
<NUMBER-OF-SHARES-REDEEMED> 55,715,034
<SHARES-REINVESTED> 2,049,470
<NET-CHANGE-IN-ASSETS> 105,224,552
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 103,401,119
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.03
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.66
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>MILEAGE CLASS- ALL PER SHARE AMOUNTS ARE BY CLASS.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AMERICAN
AADVANTAGE MILEAGE FUNDS STATEMENTS OF OPERATIONS, STATEMENTS OF ASSETS AND
LIABILITIES, FINANCIAL HIGHLIGHTS AND CHANGES IN NET ASSETS AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH SEMI ANNUAL REPORT DATED APRIL 30, 1996.
</LEGEND>
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE MONEY MARKET MILEAGE FUND-PLATINUM CLASS
<SERIES>
<NUMBER> 134
<NAME> AMERICAN AADVANTAGE MONEY MARKET MILEAGE FUND-PLATINUM CLASS
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995<F1>
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 105,821,045
<RECEIVABLES> 18,397
<ASSETS-OTHER> 8,513
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 105,847,955
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 529,403
<TOTAL-LIABILITIES> 529,403
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 105,318,552
<SHARES-COMMON-STOCK> 11,485,099<F2>
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 105,318,552
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,977,449
<OTHER-INCOME> 0
<EXPENSES-NET> 348,767
<NET-INVESTMENT-INCOME> 2,628,682
<REALIZED-GAINS-CURRENT> 2,556
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 2,631,238
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 78,541
<DISTRIBUTIONS-OF-GAINS> 89
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13,060,208
<NUMBER-OF-SHARES-REDEEMED> 1,618,031
<SHARES-REINVESTED> 42,922
<NET-CHANGE-IN-ASSETS> 105,224,552
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 103,401,119
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.01
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 1.09
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>PLATINUM CLASS INCEPTION 1/29/96.
<F2>PLATINUM CLASS - ALL SHARE AMOUNTS ARE BY CLASS.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAIN SUMMARY FINANACIAL INFORMATION EXTRACTED FROM AMERICAN
AADVANTAGE MILEAGE FUNDS STATEMENTS OF OPERATION, STATEMENTS OF ASSETS AND
LIABILITIES, FINANCIAL HIGHLIGHTS AND CHANGES IN NET ASSETS AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH SEMI ANNUAL REPORT DATED APRIL 30, 1996.
</LEGEND>
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE LIMITED-TERM INCOME MILEAGE FUND
<SERIES>
<NUMBER> 140
<NAME> AMERICAN AADVANTAGE LIMITED-TERM INCOME MILEAGE FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 1,230,562
<RECEIVABLES> 16,230
<ASSETS-OTHER> 20,558
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,267,350
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 24,021
<TOTAL-LIABILITIES> 24,021
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,283,614
<SHARES-COMMON-STOCK> 129,556
<SHARES-COMMON-PRIOR> 50
<ACCUMULATED-NII-CURRENT> (105)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,539)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (38,641)
<NET-ASSETS> 1,243,329
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 45,091
<OTHER-INCOME> 8
<EXPENSES-NET> 5,492
<NET-INVESTMENT-INCOME> 39,607
<REALIZED-GAINS-CURRENT> (1,539)
<APPREC-INCREASE-CURRENT> (38,641)
<NET-CHANGE-FROM-OPS> (573)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 39,712
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 170,311
<NUMBER-OF-SHARES-REDEEMED> 43,904
<SHARES-REINVESTED> 3,099
<NET-CHANGE-IN-ASSETS> 1,242,329
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 1,298,260
<PER-SHARE-NAV-BEGIN> 9.83
<PER-SHARE-NII> 0.30
<PER-SHARE-GAIN-APPREC> (0.23)
<PER-SHARE-DIVIDEND> 0.30
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.60
<EXPENSE-RATIO> 0.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTEDFROM AMERICAN
AADVANTAGE MILEAGE FUNDS STATMENTS OF OPERATIONS, STATEMENTS OF ASSETS AND
LIABILITIES, FINANCIAL HIGHLIGHTS AND CHANGES IN NET ASSETS AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH SEMI ANNUAL REPORT DATED APRIL 30, 1996.
</LEGEND>
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE INTERNATIONAL EQUITY MILEAGE FUND
<SERIES>
<NUMBER> 150
<NAME> AMERICAN AADVANTAGE INTERNATIONAL EQUITY MILEAGE FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 2,415,885
<RECEIVABLES> 16,335
<ASSETS-OTHER> 22,425
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,454,645
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 19,243
<TOTAL-LIABILITIES> 19,243
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,221,999
<SHARES-COMMON-STOCK> 164,143
<SHARES-COMMON-PRIOR> 50
<ACCUMULATED-NII-CURRENT> 4,209
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 34,609
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 174,585
<NET-ASSETS> 2,435,402
<DIVIDEND-INCOME> 21,593
<INTEREST-INCOME> 3,598
<OTHER-INCOME> 97
<EXPENSES-NET> 13,103
<NET-INVESTMENT-INCOME> 12,185
<REALIZED-GAINS-CURRENT> 34,609
<APPREC-INCREASE-CURRENT> 174,585
<NET-CHANGE-FROM-OPS> 221,379
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 7,976
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 195,289
<NUMBER-OF-SHARES-REDEEMED> 31,736
<SHARES-REINVESTED> 540
<NET-CHANGE-IN-ASSETS> 2,434,402
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 1,786,494
<PER-SHARE-NAV-BEGIN> 13.15
<PER-SHARE-NII> 0.10
<PER-SHARE-GAIN-APPREC> 1.66
<PER-SHARE-DIVIDEND> 0.07
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.84
<EXPENSE-RATIO> 1.47
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AMERICAN
AADVANTAGE MILEAGE FUNDS STATEMENTS OF OPERATIONS, STATEMENTS OF ASSETS AND
LIABILITIES, FINANCIAL HIGHLIGHTS AND CHANGES IN NET ASSETS AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH SEMI ANNUAL REPORT DATED APRIL 30, 1996.
</LEGEND>
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE US TREASURY MONEY MARKET MILEAGE FUND
<SERIES>
<NUMBER> 170
<NAME> AMERICAN AADVANTAGE US TREASURY MONEY MARKET MILEAGE FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 7,975,556
<RECEIVABLES> 18,217
<ASSETS-OTHER> 8,513
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8,002,286
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 40,732
<TOTAL-LIABILITIES> 40,732
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 7,961,554
<SHARES-COMMON-STOCK> 7,961,554
<SHARES-COMMON-PRIOR> 1,000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 7,961,554
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 195,682
<OTHER-INCOME> 0
<EXPENSES-NET> 21,908
<NET-INVESTMENT-INCOME> 173,774
<REALIZED-GAINS-CURRENT> 2,005
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 175,779
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 173,774
<DISTRIBUTIONS-OF-GAINS> 2,005
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,779,735
<NUMBER-OF-SHARES-REDEEMED> 2,957,439
<SHARES-REINVESTED> 138,258
<NET-CHANGE-IN-ASSETS> 7,960,554
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 7,070,628
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.03
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.62
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM AMERICAN
AADVANTAGE MILEAGE FUNDS STATEMENTS OF OPERATION, STATEMENTS OF ASSETS AND
LIABILITIES, FINANCIAL HIGHLIGHTS AND CHANGES IN NET ASSETS AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH SEMI ANNUAL REPORT DATED APRIL 30, 1996
</LEGEND>
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE MUNICIPAL MONEY MARKET MILEAGE FUND
<SERIES>
<NUMBER> 180
<NAME> AMERICAN AADVANTAGE MUNICIPAL MONEY MARKET MILEAGE FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-1-1995
<PERIOD-END> APR-30-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 23413388
<RECEIVABLES> 6041
<ASSETS-OTHER> 8513
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 23427942
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 91709
<TOTAL-LIABILITIES> 91709
<SENIOR-EQUITY> 0
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