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<PAGE> PAGE 10
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 20
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028 C010400 30
028 C020400 5
028 C030400 0
028 C040400 24
028 D010400 45
028 D020400 5
028 D030400 0
028 D040400 0
028 E010400 5
028 E020400 5
028 E030400 0
028 E040400 23
028 F010400 0
028 F020400 5
028 F030400 0
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<PAGE> PAGE 21
028 G020400 31
028 G030400 0
028 G040400 323
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
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045 000400 Y
046 000400 N
047 000400 Y
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048 C010400 0
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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
<PAGE> PAGE 22
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
062 M000400 0.0
062 N000400 0.0
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
<PAGE> PAGE 23
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 36
072 C000400 0
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072 E000400 -1
072 F000400 0
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072 H000400 0
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072 L000400 0
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072 N000400 10
072 O000400 0
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072 T000400 1
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072 Y000400 11
072 Z000400 32
072AA000400 0
072BB000400 4
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072DD010400 32
072DD020400 0
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<PAGE> PAGE 24
073 A020400 0.0000
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074 A000400 0
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074 J000400 0
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082 B000400 50
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<PAGE> PAGE 25
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008 D010504 LOS ANGELES
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008 D030505 21202
012 A000501 NATIONSBANK OF TEXAS, N.A.
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015 A000502 NATIONSBANK OF TEXAS, N.A.
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<PAGE> PAGE 26
028 B010500 120
028 B020500 84
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037 000500 N
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039 000500 N
040 000500 Y
041 000500 Y
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<PAGE> PAGE 27
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070 A010500 Y
070 A020500 N
<PAGE> PAGE 28
070 B010500 N
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 Y
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
072 B000500 9
072 C000500 42
072 D000500 0
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072 I000500 2
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
028 C010700 1080
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
075 B000700 0
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080 A000700 AMERICAN INTERNATIONAL SPECIALTY LINES INSURA
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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SIGNATURE JANICE B. SCHWARZ
TITLE ASSISTANT SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE GROWTH AND INCOME MILEAGE FUND
<SERIES>
<NUMBER> 110
<NAME> AMERICAN AADVANTAGE GROWTH AND INCOME MILEAGE FUND
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<S> <C>
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<PERIOD-START> NOV-01-1996
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<NET-INVESTMENT-INCOME> 69
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<NET-CHANGE-IN-ASSETS> 1510
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<GROSS-EXPENSE> 39
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<PER-SHARE-NAV-BEGIN> 19.35
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<PER-SHARE-NAV-END> 20.28
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<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE BALANCED MILEAGE FUND
<SERIES>
<NUMBER> 120
<NAME> AMERICAN AADVANTAGE BALANCED MILEAGE FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1996
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<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2661
<SHARES-COMMON-STOCK> 180
<SHARES-COMMON-PRIOR> 156
<ACCUMULATED-NII-CURRENT> 31
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<ACCUM-APPREC-OR-DEPREC> 8
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<APPREC-INCREASE-CURRENT> (19)
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE MONEY MKT MILEAGE FUND-MILEAGE CLASS
<SERIES>
<NUMBER> 130
<NAME> AMERICAN AADVANTAGE MONEY MARKET MILEAGE FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1996
<PERIOD-END> APR-30-1997
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<SENIOR-LONG-TERM-DEBT> 0
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<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 131711
<SHARES-COMMON-STOCK> 109891<F1>
<SHARES-COMMON-PRIOR> 106709
<ACCUMULATED-NII-CURRENT> 0
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<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 131711
<DIVIDEND-INCOME> 0
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<EXPENSES-NET> 441
<NET-INVESTMENT-INCOME> 2968
<REALIZED-GAINS-CURRENT> 2
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 2970
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2602
<DISTRIBUTIONS-OF-GAINS> 2
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<NUMBER-OF-SHARES-SOLD> 47584
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<SHARES-REINVESTED> 2482
<NET-CHANGE-IN-ASSETS> 9573
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
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<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 397
<AVERAGE-NET-ASSETS> 106457
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .02
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<EXPENSE-RATIO> .67
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>MILEAGE CLASS. PER SHARE AMOUNTS ARE BY CLASS.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE MONEY MKT MILEAGE FUND-PLATINUM CLASS
<SERIES>
<NUMBER> 134
<NAME> AMERICAN AADVANTAGE MONEY MARKET MILEAGE FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
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<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 131711
<SHARES-COMMON-STOCK> 21819<F1>
<SHARES-COMMON-PRIOR> 15429
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<NUMBER-OF-SHARES-SOLD> 19348
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<NET-CHANGE-IN-ASSETS> 9573
<ACCUMULATED-NII-PRIOR> 0
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<OVERDISTRIB-NII-PRIOR> 0
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<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 397
<AVERAGE-NET-ASSETS> 16359
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .02
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<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 1.09
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>PLATINIM CLASS. PER SHARE AMOUNTS ARE BY CLASS.
</FN>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE LIMITED-TERM INCOME MILEAGE FUND
<SERIES>
<NUMBER> 140
<NAME> AMERICAN AADVANTAGE LIMITED-TERM INCOME MILEAGE FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
<PERIOD-START> NOV-01-1996
<PERIOD-END> APR-30-1997
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<SENIOR-LONG-TERM-DEBT> 0
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<TOTAL-LIABILITIES> 25
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1040
<SHARES-COMMON-STOCK> 104
<SHARES-COMMON-PRIOR> 121
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (26)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (17)
<NET-ASSETS> 997
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 36
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<EXPENSES-NET> 4
<NET-INVESTMENT-INCOME> 35
<REALIZED-GAINS-CURRENT> (4)
<APPREC-INCREASE-CURRENT> (6)
<NET-CHANGE-FROM-OPS> 22
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<SHARES-REINVESTED> 3
<NET-CHANGE-IN-ASSETS> (171)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
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<GROSS-EXPENSE> 14
<AVERAGE-NET-ASSETS> 1028
<PER-SHARE-NAV-BEGIN> 9.65
<PER-SHARE-NII> .31
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<PER-SHARE-NAV-END> 9.56
<EXPENSE-RATIO> .85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE INTERNATIONAL EQUITY MILEAGE FUND
<SERIES>
<NUMBER> 150
<NAME> AMERICAN AADVANTAGE INTERNATIONAL EQUITY MILEAGE FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
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<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3545
<SHARES-COMMON-STOCK> 250
<SHARES-COMMON-PRIOR> 221
<ACCUMULATED-NII-CURRENT> 14
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<ACCUMULATED-NET-GAINS> 66
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 451
<NET-ASSETS> 4076
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<NET-INVESTMENT-INCOME> 25
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<NET-CHANGE-IN-ASSETS> 689
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<GROSS-EXPENSE> 23
<AVERAGE-NET-ASSETS> 3793
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE US GOVERNMENT MONEY MARKET MILEAGE FUND
<SERIES>
<NUMBER> 170
<NAME> AMERICAN AADVANTAGE US GOVERNMENT MONEY MARKET MILEAGE FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
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<PER-SHARE-NAV-BEGIN> 1.00
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000943824
<NAME> AMERICAN AADVANTAGE MUNICIPAL MONEY MARKET MILEAGE FUND
<SERIES>
<NUMBER> 180
<NAME> AMERICAN AADVANTAGE MUNICIPAL MONEY MARKET MILEAGE FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1996
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</TABLE>
