<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000066117
<NAME> COUNTRYWIDE INVESTMENT TRUST
<SERIES>
<NUMBER> 4
<NAME> INSTITUTIONAL GOVERNMENT INCOME FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-2000
<PERIOD-START> OCT-01-1999
<PERIOD-END> MAR-31-2000
<INVESTMENTS-AT-COST> 48,024,799
<INVESTMENTS-AT-VALUE> 48,024,799
<RECEIVABLES> 427,332
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 26,131
<TOTAL-ASSETS> 48,478,262
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 36,689
<TOTAL-LIABILITIES> 36,689
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 48,463,916
<SHARES-COMMON-STOCK> 48,463,916
<SHARES-COMMON-PRIOR> 49,870,191
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (22,343)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 48,441,573
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,415,137
<OTHER-INCOME> 0
<EXPENSES-NET> 86,766
<NET-INVESTMENT-INCOME> 1,316,143
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 1,316,143
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,316,143
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 58,429,322
<NUMBER-OF-SHARES-REDEEMED> 61,001,053
<SHARES-REINVESTED> 1,165,456
<NET-CHANGE-IN-ASSETS> (1,406,275)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 49,496
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 111,221
<AVERAGE-NET-ASSETS> 49,413,191
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .027
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> .027
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .40
</TABLE>