USAA INVESTMENT TRUST
NSAR-B, 1995-07-20
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<PAGE>      PAGE  1
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000 C000000 0000745903
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001 A000000 USAA INVESTMENT TRUST
001 B000000 811-4019
001 C000000 2104984876
002 A000000 10750 ROBERT F. MCDERMOTT FREEWAY
002 B000000 SAN ANTONIO
002 C000000 TX
002 D010000 78288
002 D020000 0227
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007 C020500 GNMA TRUST
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007 C020600 TREASURY MONEY MARKET TRUST
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007 C020800 EMERGING MARKETS FUND
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008 A00AA01 USAA INVESTMENT MANAGEMENT COMPANY
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<PAGE>      PAGE  2
008 C00AA01 801-34462
008 D01AA01 SAN ANTONIO
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020 A000001 CAPEL (JAMES) INCORPORATED
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020 A000003 VICKERS BALLAS (USA) INC.
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020 A000004 SALOMON BROTHERS, INC.
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020 A000006 SMITH NEW COURT INC.
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022 C000001   4476853
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<PAGE>      PAGE  3
022 D000004     16112
022 A000005 MERRILL LYNCH PIERCE, FENNER & SMITH INC.
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022 A000008 MORGAN STANLEY & COMPANY INCORPORATED
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<PAGE>      PAGE  4
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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<PAGE>      PAGE  22
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076  000700     0.00
028 A010800      3636
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028 B030800         0
028 B040800      1125
028 C010800      2011
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028 C030800         0
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028 D030800         0
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<PAGE>      PAGE  23
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028 F040800      1857
028 G010800     17501
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028 G030800         0
028 G040800      4176
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062 A000800 N
062 B000800   0.0
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062 P000800   0.0
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070 A010800 Y
070 A020800 Y
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070 D010800 Y
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070 E010800 Y
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 Y
070 J020800 Y
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070 K020800 Y
070 L010800 Y
070 L020800 Y
070 M010800 Y
070 M020800 Y
<PAGE>      PAGE  24
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070 R020800 N
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074 V010800     9.77
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074 Y000800        0
075 A000800        0
075 B000800    13290
076  000800     0.00
SIGNATURE   MICHAEL J.C. ROTH                            
TITLE       PRESIDENT           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000745903
<NAME> USAA INVESTMENT TRUST
<SERIES>
   <NUMBER> 2
   <NAME> GOLD FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAY-31-1995
<PERIOD-END>                               MAY-31-1995
<INVESTMENTS-AT-COST>                      150,352,376
<INVESTMENTS-AT-VALUE>                     161,647,805
<RECEIVABLES>                                  212,309
<ASSETS-OTHER>                                   3,031
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             161,863,145
<PAYABLE-FOR-SECURITIES>                     1,272,411
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      367,480
<TOTAL-LIABILITIES>                          1,639,891
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   235,534,667
<SHARES-COMMON-STOCK>                       17,809,167
<SHARES-COMMON-PRIOR>                       19,995,331
<ACCUMULATED-NII-CURRENT>                      109,734
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                   (86,716,571)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    11,295,424
<NET-ASSETS>                               160,223,254
<DIVIDEND-INCOME>                            1,841,000
<INTEREST-INCOME>                              407,161
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               2,090,682
<NET-INVESTMENT-INCOME>                        157,479
<REALIZED-GAINS-CURRENT>                     3,622,150
<APPREC-INCREASE-CURRENT>                      806,437
<NET-CHANGE-FROM-OPS>                        4,586,066
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      196,505
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    115,671,605
<NUMBER-OF-SHARES-REDEEMED>                136,551,542
<SHARES-REINVESTED>                            186,569
<NET-CHANGE-IN-ASSETS>                    (16,303,807)
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<ACCUMULATED-GAINS-PRIOR>                 (90,343,008)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,224,603
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,090,682
<AVERAGE-NET-ASSETS>                       164,021,318
<PER-SHARE-NAV-BEGIN>                             8.83
<PER-SHARE-NII>                                   0.01
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<PER-SHARE-DIVIDEND>                            (0.01)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.00
<EXPENSE-RATIO>                                   1.28
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000745903
<NAME> USAA INVESTMENT TRUST
<SERIES>
   <NUMBER> 1
   <NAME> CORNERSTONE FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAY-31-1995
<PERIOD-END>                               MAY-31-1995
<INVESTMENTS-AT-COST>                      790,969,098
<INVESTMENTS-AT-VALUE>                     875,493,424
<RECEIVABLES>                               17,527,104
<ASSETS-OTHER>                                 312,734
<OTHER-ITEMS-ASSETS>                                 0
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<TOTAL-LIABILITIES>                         18,745,287
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   772,619,819
<SHARES-COMMON-STOCK>                       38,640,908
<SHARES-COMMON-PRIOR>                       35,057,356
<ACCUMULATED-NII-CURRENT>                   10,933,463
<OVERDISTRIBUTION-NII>                               0
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<NET-CHANGE-FROM-OPS>                       52,682,815
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<DISTRIBUTIONS-OF-INCOME>                   21,674,728
<DISTRIBUTIONS-OF-GAINS>                    49,763,796
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<NUMBER-OF-SHARES-SOLD>                    158,793,512
<NUMBER-OF-SHARES-REDEEMED>                150,382,802
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<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
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<GROSS-EXPENSE>                              9,405,627
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<PER-SHARE-NAV-BEGIN>                            23.24
<PER-SHARE-NII>                                   0.68
<PER-SHARE-GAIN-APPREC>                           0.67
<PER-SHARE-DIVIDEND>                            (0.58)
<PER-SHARE-DISTRIBUTIONS>                       (1.38)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              22.63
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000745903
<NAME> USAA INVESTMENT TRUST
<SERIES>
   <NUMBER> 3
   <NAME> INTERNATIONAL FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAY-31-1995
<PERIOD-END>                               MAY-31-1995
<INVESTMENTS-AT-COST>                      326,370,513
<INVESTMENTS-AT-VALUE>                     347,001,866
<RECEIVABLES>                                8,022,303
<ASSETS-OTHER>                                 306,767
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             355,330,936
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<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    5,073,431
<TOTAL-LIABILITIES>                          9,297,444
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   329,790,712
<SHARES-COMMON-STOCK>                       21,932,055
<SHARES-COMMON-PRIOR>                       11,295,467
<ACCUMULATED-NII-CURRENT>                      525,888
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (4,932,866)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    20,649,758
<NET-ASSETS>                               346,033,492
<DIVIDEND-INCOME>                            4,382,549
<INTEREST-INCOME>                            1,351,834
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               3,401,790
<NET-INVESTMENT-INCOME>                      2,332,593
<REALIZED-GAINS-CURRENT>                   (2,572,183)
<APPREC-INCREASE-CURRENT>                    2,332,390
<NET-CHANGE-FROM-OPS>                        2,092,800
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                    12,796,572
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    258,402,057
<NUMBER-OF-SHARES-REDEEMED>                 99,034,150
<SHARES-REINVESTED>                         12,577,033
<NET-CHANGE-IN-ASSETS>                     161,241,168
<ACCUMULATED-NII-PRIOR>                      (368,659)
<ACCUMULATED-GAINS-PRIOR>                    8,997,842
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        2,171,329
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              3,401,790
<AVERAGE-NET-ASSETS>                       288,934,877
<PER-SHARE-NAV-BEGIN>                            16.36
<PER-SHARE-NII>                                   0.10
<PER-SHARE-GAIN-APPREC>                           0.29
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                       (0.97)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              15.78
<EXPENSE-RATIO>                                   1.17
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000745903
<NAME> USAA INVESTMENT TRUST
<SERIES>
   <NUMBER> 4
   <NAME> BALANCED PORTFOLIO FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAY-31-1995
<PERIOD-END>                               MAY-31-1995
<INVESTMENTS-AT-COST>                      120,984,279
<INVESTMENTS-AT-VALUE>                     133,048,644
<RECEIVABLES>                               10,586,148
<ASSETS-OTHER>                                  12,931
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             143,647,723
<PAYABLE-FOR-SECURITIES>                     8,909,949
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      199,346
<TOTAL-LIABILITIES>                          9,109,295
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   121,548,780
<SHARES-COMMON-STOCK>                       10,496,788
<SHARES-COMMON-PRIOR>                       10,394,282
<ACCUMULATED-NII-CURRENT>                    1,006,650
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (81,367)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    12,064,365
<NET-ASSETS>                               134,538,428
<DIVIDEND-INCOME>                            2,137,331
<INTEREST-INCOME>                            4,093,186
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,037,733
<NET-INVESTMENT-INCOME>                      5,192,784
<REALIZED-GAINS-CURRENT>                       357,996
<APPREC-INCREASE-CURRENT>                    7,560,781
<NET-CHANGE-FROM-OPS>                       13,111,561
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    5,050,057
<DISTRIBUTIONS-OF-GAINS>                     2,862,236
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     17,722,580
<NUMBER-OF-SHARES-REDEEMED>                 23,628,824
<SHARES-REINVESTED>                          7,168,381
<NET-CHANGE-IN-ASSETS>                       6,461,405
<ACCUMULATED-NII-PRIOR>                        863,925
<ACCUMULATED-GAINS-PRIOR>                    2,422,872
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          646,528
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,037,733
<AVERAGE-NET-ASSETS>                       129,423,963
<PER-SHARE-NAV-BEGIN>                            12.32
<PER-SHARE-NII>                                   0.49
<PER-SHARE-GAIN-APPREC>                           0.76
<PER-SHARE-DIVIDEND>                            (0.48)
<PER-SHARE-DISTRIBUTIONS>                       (0.27)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              12.82
<EXPENSE-RATIO>                                   0.80
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 8
   <NAME> EMERGING MARKETS FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAY-31-1995
<PERIOD-END>                               MAY-31-1995
<INVESTMENTS-AT-COST>                       21,805,043
<INVESTMENTS-AT-VALUE>                      22,981,111
<RECEIVABLES>                                  520,190
<ASSETS-OTHER>                                  10,735
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              23,512,036
<PAYABLE-FOR-SECURITIES>                       393,334
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      204,932
<TOTAL-LIABILITIES>                            598,266
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    21,709,236
<SHARES-COMMON-STOCK>                        2,344,459
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       27,579
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            587
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,176,368
<NET-ASSETS>                                22,913,770
<DIVIDEND-INCOME>                              153,549
<INTEREST-INCOME>                               89,979
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 201,056
<NET-INVESTMENT-INCOME>                         42,472
<REALIZED-GAINS-CURRENT>                      (14,307)
<APPREC-INCREASE-CURRENT>                    1,176,368
<NET-CHANGE-FROM-OPS>                        1,204,533
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     25,966,711
<NUMBER-OF-SHARES-REDEEMED>                  4,257,474
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      22,913,770
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           80,503
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                209,147
<AVERAGE-NET-ASSETS>                        13,290,068
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                   0.03
<PER-SHARE-GAIN-APPREC>                         (0.26)
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               9.77
<EXPENSE-RATIO>                                   2.50
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 7
   <NAME> WORLD GROWTH FUND
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAY-31-1995
<PERIOD-END>                               MAY-31-1995
<INVESTMENTS-AT-COST>                      185,000,426
<INVESTMENTS-AT-VALUE>                     202,247,127
<RECEIVABLES>                                4,307,444
<ASSETS-OTHER>                                 168,229
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             206,722,800
<PAYABLE-FOR-SECURITIES>                     3,080,037
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    2,897,950
<TOTAL-LIABILITIES>                          5,977,987
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   184,849,793
<SHARES-COMMON-STOCK>                       15,485,962
<SHARES-COMMON-PRIOR>                       11,277,858
<ACCUMULATED-NII-CURRENT>                      573,373
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (1,933,905)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    17,255,552
<NET-ASSETS>                               200,744,813
<DIVIDEND-INCOME>                            2,768,209
<INTEREST-INCOME>                              669,157
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               2,231,908
<NET-INVESTMENT-INCOME>                      1,205,458
<REALIZED-GAINS-CURRENT>                   (1,935,916)
<APPREC-INCREASE-CURRENT>                    7,798,248
<NET-CHANGE-FROM-OPS>                        7,067,790
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     3,394,938
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                    107,155,693
<NUMBER-OF-SHARES-REDEEMED>                 56,812,254
<SHARES-REINVESTED>                          3,361,578
<NET-CHANGE-IN-ASSETS>                      57,377,869
<ACCUMULATED-NII-PRIOR>                        151,547
<ACCUMULATED-GAINS-PRIOR>                    2,613,319
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        1,310,951
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              2,231,908
<AVERAGE-NET-ASSETS>                       174,427,087
<PER-SHARE-NAV-BEGIN>                            12.71
<PER-SHARE-NII>                                   0.07
<PER-SHARE-GAIN-APPREC>                           0.46
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                       (0.28)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              12.96
<EXPENSE-RATIO>                                   1.28
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000745903
<NAME> USAA INVESTMENT TRUST
<SERIES>
   <NUMBER> 5
   <NAME> GNMA TRUST
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAY-31-1995
<PERIOD-END>                               MAY-31-1995
<INVESTMENTS-AT-COST>                      273,478,486
<INVESTMENTS-AT-VALUE>                     277,155,619
<RECEIVABLES>                               21,096,793
<ASSETS-OTHER>                                 100,982
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             298,353,394
<PAYABLE-FOR-SECURITIES>                    32,050,433
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      732,583
<TOTAL-LIABILITIES>                         32,783,016
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   271,138,309
<SHARES-COMMON-STOCK>                       26,315,062
<SHARES-COMMON-PRIOR>                       26,601,255
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (9,245,064)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     3,677,133
<NET-ASSETS>                               265,570,378
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           19,533,777
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 818,348
<NET-INVESTMENT-INCOME>                     18,715,429
<REALIZED-GAINS-CURRENT>                   (3,160,566)
<APPREC-INCREASE-CURRENT>                    9,948,972
<NET-CHANGE-FROM-OPS>                       25,503,835
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   18,715,429
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     49,043,516
<NUMBER-OF-SHARES-REDEEMED>                 64,465,492
<SHARES-REINVESTED>                         12,952,486
<NET-CHANGE-IN-ASSETS>                       4,318,916
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (6,084,498)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          318,921
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                818,348
<AVERAGE-NET-ASSETS>                       255,220,708
<PER-SHARE-NAV-BEGIN>                             9.82
<PER-SHARE-NII>                                   0.72
<PER-SHARE-GAIN-APPREC>                           0.27
<PER-SHARE-DIVIDEND>                            (0.72)
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.09
<EXPENSE-RATIO>                                   0.32
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000745903
<NAME> USAA INVESTMENT TRUST
<SERIES>
   <NUMBER> 6
   <NAME> TREASURY MONEY MARKET TRUST
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAY-31-1995
<PERIOD-END>                               MAY-31-1995
<INVESTMENTS-AT-COST>                       71,526,130
<INVESTMENTS-AT-VALUE>                      71,526,130
<RECEIVABLES>                                  117,240
<ASSETS-OTHER>                                 388,684
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              72,032,054
<PAYABLE-FOR-SECURITIES>                     3,916,608
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      239,425
<TOTAL-LIABILITIES>                          4,156,033
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    67,876,021
<SHARES-COMMON-STOCK>                       67,876,021
<SHARES-COMMON-PRIOR>                       37,983,779
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                67,876,021
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            2,536,120
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 179,875
<NET-INVESTMENT-INCOME>                      2,356,245
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                        2,356,245
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    2,356,245
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     74,528,044
<NUMBER-OF-SHARES-REDEEMED>                 46,837,649
<SHARES-REINVESTED>                          2,201,847
<NET-CHANGE-IN-ASSETS>                      29,892,242
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           59,980
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                234,302
<AVERAGE-NET-ASSETS>                        47,970,053
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   0.05
<PER-SHARE-GAIN-APPREC>                           0.00
<PER-SHARE-DIVIDEND>                            (0.05)
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                   0.38
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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