<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary finacial information extracted from the Scudder
Tax Managed Small Company Fund Semiannual Report for the six months ended
4/30/2000 and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000088064
<NAME> INVESTMENT TRUST
<SERIES>
<NUMBER> 6
<NAME> SCUDDER TAX MANAGED SMALL COMPANY FUND
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 1,337
<INVESTMENTS-AT-VALUE> 1,531
<RECEIVABLES> 0
<ASSETS-OTHER> 33
<OTHER-ITEMS-ASSETS> 106
<TOTAL-ASSETS> 1,670
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 61
<TOTAL-LIABILITIES> 61
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,483
<SHARES-COMMON-STOCK> 127
<SHARES-COMMON-PRIOR> 182
<ACCUMULATED-NII-CURRENT> (5)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (64)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 194
<NET-ASSETS> 1,609
<DIVIDEND-INCOME> 12
<INTEREST-INCOME> 0
<OTHER-INCOME> 0
<EXPENSES-NET> 16
<NET-INVESTMENT-INCOME> (3)
<REALIZED-GAINS-CURRENT> (30)
<APPREC-INCREASE-CURRENT> 54
<NET-CHANGE-FROM-OPS> 21
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (10)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8
<NUMBER-OF-SHARES-REDEEMED> (64)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (683)
<ACCUMULATED-NII-PRIOR> 9
<ACCUMULATED-GAINS-PRIOR> (34)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 9
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 90
<AVERAGE-NET-ASSETS> 1,987
<PER-SHARE-NAV-BEGIN> 12.58
<PER-SHARE-NII> (0.02)
<PER-SHARE-GAIN-APPREC> 0.18
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (0.06)
<RETURNS-OF-CAPITAL> 0.02
<PER-SHARE-NAV-END> 12.70
<EXPENSE-RATIO> 1.54
</TABLE>