<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
WELLS FARGO VARIABLE TRUST FUNDS SEMI-ANNUAL REPORT DATED JUNE 30, 2000
AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH REPORT.
</LEGEND>
<SERIES>
<NUMBER> 031
<NAME> WFVT EQUITY INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 99860361
<INVESTMENTS-AT-VALUE> 107211022
<RECEIVABLES> 284931
<ASSETS-OTHER> 371
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 107496324
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 119006
<TOTAL-LIABILITIES> 119006
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 94228060
<SHARES-COMMON-STOCK> 6617968
<SHARES-COMMON-PRIOR> 7478001
<ACCUMULATED-NII-CURRENT> 29231
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5769366
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7350661
<NET-ASSETS> 107377318
<DIVIDEND-INCOME> 1105481
<INTEREST-INCOME> 45864
<OTHER-INCOME> 0
<EXPENSES-NET> 551373
<NET-INVESTMENT-INCOME> 599972
<REALIZED-GAINS-CURRENT> 3897947
<APPREC-INCREASE-CURRENT> (10523030)
<NET-CHANGE-FROM-OPS> (6025111)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 570741
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 408759
<NUMBER-OF-SHARES-REDEEMED> 1303739
<SHARES-REINVESTED> 34947
<NET-CHANGE-IN-ASSETS> (20416161)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 1871419
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 302728
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 647145
<AVERAGE-NET-ASSETS> 110867309
<PER-SHARE-NAV-BEGIN> 17.09
<PER-SHARE-NII> 0.09
<PER-SHARE-GAIN-APPREC> (0.86)
<PER-SHARE-DIVIDEND> (0.09)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.23
<EXPENSE-RATIO> 1.00
</TABLE>
