<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>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1999
<PERIOD-START>                             MAY-01-1998
<PERIOD-END>                               OCT-30-1998
<INVESTMENTS-AT-COST>                       1654641801
<INVESTMENTS-AT-VALUE>                      2894658481
<RECEIVABLES>                                  2308893
<ASSETS-OTHER>                                  531403
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              2897498777
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      2799800
<TOTAL-LIABILITIES>                            2799800
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    1605670062
<SHARES-COMMON-STOCK>                          2432998
<SHARES-COMMON-PRIOR>                          1868704
<ACCUMULATED-NII-CURRENT>                      3566118
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       45446117
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    1240016680
<NET-ASSETS>                                  70713204
<DIVIDEND-INCOME>                             15645699
<INTEREST-INCOME>                              4382076
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                13969667
<NET-INVESTMENT-INCOME>                        6058108
<REALIZED-GAINS-CURRENT>                      12195745
<APPREC-INCREASE-CURRENT>                   (33899736)
<NET-CHANGE-FROM-OPS>                       (15645883)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         628324
<NUMBER-OF-SHARES-REDEEMED>                    (64030)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        70103181
<ACCUMULATED-NII-PRIOR>                        1389567
<ACCUMULATED-GAINS-PRIOR>                     33250372
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          7655278
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                               13969667
<AVERAGE-NET-ASSETS>                          61684741
<PER-SHARE-NAV-BEGIN>                            29.38
<PER-SHARE-NII>                                  (.08)
<PER-SHARE-GAIN-APPREC>                          (.24)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              29.06
<EXPENSE-RATIO>                                   2.03
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>