<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000357235
<NAME> LEGG MASON VALUE TRUST - NAVIGATOR SHARES
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-2000
<PERIOD-START> APR-01-2000
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 9531188
<INVESTMENTS-AT-VALUE> 12977106
<RECEIVABLES> 66415
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 13043521
<PAYABLE-FOR-SECURITIES> 49066
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 26927
<TOTAL-LIABILITIES> 75993
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1000089
<SHARES-COMMON-STOCK> 18070
<SHARES-COMMON-PRIOR> 15618
<ACCUMULATED-NII-CURRENT> (25157)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1275263
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3445918
<NET-ASSETS> 12967528
<DIVIDEND-INCOME> 69386
<INTEREST-INCOME> 10403
<OTHER-INCOME> 0
<EXPENSES-NET> 104822
<NET-INVESTMENT-INCOME> (25033)
<REALIZED-GAINS-CURRENT> 1276331
<APPREC-INCREASE-CURRENT> (1450355)
<NET-CHANGE-FROM-OPS> (199057)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 110676
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2274
<NUMBER-OF-SHARES-REDEEMED> (1317)
<SHARES-REINVESTED> 1495
<NET-CHANGE-IN-ASSETS> (360016)
<ACCUMULATED-NII-PRIOR> (67954)
<ACCUMULATED-GAINS-PRIOR> 1172451
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 43605
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 104865
<AVERAGE-NET-ASSETS> 1255419
<PER-SHARE-NAV-BEGIN> 77.52
<PER-SHARE-NII> .06
<PER-SHARE-GAIN-APPREC> (1.05)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (6.65)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 69.88
<EXPENSE-RATIO> .70
</TABLE>