<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>