<TABLE> <S> <C><ARTICLE>    6<CIK>    0000811869<NAME>    The AAL Mu<SERIES>    <NAME>    The AAL High Yield Bond Fund Class A    <NUMBER>    111</SERIES><MULTIPLIER>    1<S>                                                      <C><PERIOD-TYPE>                                          6-MOS<PERIOD-START>                                   May-01-2000<FISCAL-YEAR-END>                                Apr-30-2001<PERIOD-END>                                     Oct-31-2000<INVESTMENTS-AT-COST>                            142,455,860<INVESTMENTS-AT-VALUE>                           131,173,678<RECEIVABLES>                                      5,538,662<ASSETS-OTHER>                                        55,723<OTHER-ITEMS-ASSETS>                                       0<TOTAL-ASSETS>                                   136,768,063<PAYABLE-FOR-SECURITIES>                                   0<SENIOR-LONG-TERM-DEBT>                                    0<OTHER-ITEMS-LIABILITIES>                            658,787<TOTAL-LIABILITIES>                                  658,787<SENIOR-EQUITY>                                            0<PAID-IN-CAPITAL-COMMON>                         190,836,312<SHARES-COMMON-STOCK>                             18,030,103<SHARES-COMMON-PRIOR>                             18,054,559<ACCUMULATED-NII-CURRENT>                          (130,749)<OVERDISTRIBUTION-NII>                                     0<ACCUMULATED-NET-GAINS>                         (43,314,105)<OVERDISTRIBUTION-GAINS>                                   0<ACCUM-APPREC-OR-DEPREC>                        (11,282,182)<NET-ASSETS>                                     123,987,149<DIVIDEND-INCOME>                                     27,562<INTEREST-INCOME>                                  7,497,736<OTHER-INCOME>                                             0<EXPENSES-NET>                                       767,008<NET-INVESTMENT-INCOME>                            6,758,290<REALIZED-GAINS-CURRENT>                        (30,883,829)<APPREC-INCREASE-CURRENT>                         19,585,376<NET-CHANGE-FROM-OPS>                            (4,540,163)<EQUALIZATION>                                             0<DISTRIBUTIONS-OF-INCOME>                        (6,083,225)<DISTRIBUTIONS-OF-GAINS>                                   0<DISTRIBUTIONS-OTHER>                                      0<NUMBER-OF-SHARES-SOLD>                            1,936,609<NUMBER-OF-SHARES-REDEEMED>                      (2,513,395)<SHARES-REINVESTED>                                  552,330<NET-CHANGE-IN-ASSETS>                          (11,699,122)<ACCUMULATED-NII-PRIOR>                            (245,549)<ACCUMULATED-GAINS-PRIOR>                       (12,430,276)<OVERDISTRIB-NII-PRIOR>                                    0<OVERDIST-NET-GAINS-PRIOR>                                 0<GROSS-ADVISORY-FEES>                                400,718<INTEREST-EXPENSE>                                         0<GROSS-EXPENSE>                                      809,146<AVERAGE-NET-ASSETS>                             130,749,121<PER-SHARE-NAV-BEGIN>                                   7.44<PER-SHARE-NII>                                         0.34<PER-SHARE-GAIN-APPREC>                               (0.56)<PER-SHARE-DIVIDEND>                                  (0.34)<PER-SHARE-DISTRIBUTIONS>                                  0<RETURNS-OF-CAPITAL>                                       0<PER-SHARE-NAV-END>                                     6.88<EXPENSE-RATIO>                                         1.01<FN></FN></TABLE>