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> 2
   <NAME> GOLD FUND
<MULTIPLIER> 1,000

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAY-31-2000
<PERIOD-END>                               MAY-31-2000
<INVESTMENTS-AT-COST>                           96,384
<INVESTMENTS-AT-VALUE>                          71,612
<RECEIVABLES>                                       45
<ASSETS-OTHER>                                       5
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  71,662
<PAYABLE-FOR-SECURITIES>                            19
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          159
<TOTAL-LIABILITIES>                                178
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       142,546
<SHARES-COMMON-STOCK>                           14,674
<SHARES-COMMON-PRIOR>                           15,475
<ACCUMULATED-NII-CURRENT>                          (8)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (46,282)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      (24,772)
<NET-ASSETS>                                    71,484
<DIVIDEND-INCOME>                                  859
<INTEREST-INCOME>                                  113
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (1,312)
<NET-INVESTMENT-INCOME>                          (340)
<REALIZED-GAINS-CURRENT>                       (2,205)
<APPREC-INCREASE-CURRENT>                      (2,615)
<NET-CHANGE-FROM-OPS>                          (5,160)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         11,868
<NUMBER-OF-SHARES-REDEEMED>                   (12,669)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        (11,007)
<ACCUMULATED-NII-PRIOR>                            (2)
<ACCUMULATED-GAINS-PRIOR>                     (53,545)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              623
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  1,312
<AVERAGE-NET-ASSETS>                            82,686
<PER-SHARE-NAV-BEGIN>                             5.33
<PER-SHARE-NII>                                 (0.02)
<PER-SHARE-GAIN-APPREC>                         (0.44)
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               4.87
<EXPENSE-RATIO>                                   1.58


</TABLE>


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