USAA INVESTMENT TRUST
NSAR-B, EX-27, 2000-07-27
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000745903
<NAME> USAA INVESTMENT TRUST
<SERIES>
   <NUMBER> 4
   <NAME> GROWTH AND TAX STRATEGY FUND
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAY-31-2000
<PERIOD-END>                               MAY-31-2000
<INVESTMENTS-AT-COST>                          201,787
<INVESTMENTS-AT-VALUE>                         270,593
<RECEIVABLES>                                    2,552
<ASSETS-OTHER>                                      95
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 273,240
<PAYABLE-FOR-SECURITIES>                         9,341
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          307
<TOTAL-LIABILITIES>                              9,648
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       193,536
<SHARES-COMMON-STOCK>                           15,250
<SHARES-COMMON-PRIOR>                           15,154
<ACCUMULATED-NII-CURRENT>                        1,375
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (125)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        68,806
<NET-ASSETS>                                   263,592
<DIVIDEND-INCOME>                                1,257
<INTEREST-INCOME>                                7,884
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (1,840)
<NET-INVESTMENT-INCOME>                          7,301
<REALIZED-GAINS-CURRENT>                         (125)
<APPREC-INCREASE-CURRENT>                        9,653
<NET-CHANGE-FROM-OPS>                           16,829
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (7,160)
<DISTRIBUTIONS-OF-GAINS>                          (55)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          1,624
<NUMBER-OF-SHARES-REDEEMED>                    (1,908)
<SHARES-REINVESTED>                                380
<NET-CHANGE-IN-ASSETS>                          11,150
<ACCUMULATED-NII-PRIOR>                          1,234
<ACCUMULATED-GAINS-PRIOR>                           55
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                            1,304
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  1,840
<AVERAGE-NET-ASSETS>                           260,695
<PER-SHARE-NAV-BEGIN>                            16.66
<PER-SHARE-NII>                                   0.48
<PER-SHARE-GAIN-APPREC>                           0.61
<PER-SHARE-DIVIDEND>                            (0.47)
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              17.28
<EXPENSE-RATIO>                                   0.71


</TABLE>


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