<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Balanced Fund Semiannual Report for the period ended 6/30/2000 and is qualified
in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000088063
<NAME> SCUDDER PORTFOLIO TRUST
<SERIES>
<NUMBER> 001
<NAME> SCUDDER BALANCED FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-01-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 460,815
<INVESTMENTS-AT-VALUE> 554,357
<RECEIVABLES> 10,556
<ASSETS-OTHER> 31
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 564,944
<PAYABLE-FOR-SECURITIES> 3,051
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,662
<TOTAL-LIABILITIES> 4,713
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 460,600
<SHARES-COMMON-STOCK> 26,930
<SHARES-COMMON-PRIOR> 27,061
<ACCUMULATED-NII-CURRENT> 47
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6,042
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 93,542
<NET-ASSETS> 560,231
<DIVIDEND-INCOME> 1,317
<INTEREST-INCOME> 6,789
<OTHER-INCOME> 0
<EXPENSES-NET> 3,923
<NET-INVESTMENT-INCOME> 4,183
<REALIZED-GAINS-CURRENT> 6,140
<APPREC-INCREASE-CURRENT> (8,460)
<NET-CHANGE-FROM-OPS> 1,863
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,235)
<DISTRIBUTIONS-OF-GAINS> (7,589)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,653
<NUMBER-OF-SHARES-REDEEMED> (5,338)
<SHARES-REINVESTED> 554
<NET-CHANGE-IN-ASSETS> (12,014)
<ACCUMULATED-NII-PRIOR> 99
<ACCUMULATED-GAINS-PRIOR> 7,492
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,946
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,963
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 21.15
<PER-SHARE-NII> 0.16
<PER-SHARE-GAIN-APPREC> (0.11)
<PER-SHARE-DIVIDEND> (0.11)
<PER-SHARE-DISTRIBUTIONS> (0.29)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 20.80
<EXPENSE-RATIO> 0
</TABLE>
