<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the Scudder
Dividend & Growth Semiannual Report for the period ended 6/30/00 and qualified
in its entirety by reference to such financial statements.
</LEGEND>
<CIK> 0000088064
<NAME> INVESTMENT TRUST
<SERIES>
<NUMBER> 021
<NAME> SCUDDER DIVIDEND & GROWTH 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> 23,025
<INVESTMENTS-AT-VALUE> 25,730
<RECEIVABLES> 190
<ASSETS-OTHER> 100
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 25,921
<PAYABLE-FOR-SECURITIES> 263
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 78
<TOTAL-LIABILITIES> 357
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 22,699
<SHARES-COMMON-STOCK> 1,894
<SHARES-COMMON-PRIOR> 1,939
<ACCUMULATED-NII-CURRENT> 13
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 147
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,705
<NET-ASSETS> 25,564
<DIVIDEND-INCOME> 277
<INTEREST-INCOME> 116
<OTHER-INCOME> 0
<EXPENSES-NET> 97
<NET-INVESTMENT-INCOME> 296
<REALIZED-GAINS-CURRENT> 656
<APPREC-INCREASE-CURRENT> 672
<NET-CHANGE-FROM-OPS> 1,623
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (283)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 303
<NUMBER-OF-SHARES-REDEEMED> (368)
<SHARES-REINVESTED> 19
<NET-CHANGE-IN-ASSETS> 821
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (508)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 91
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 230
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 12.76
<PER-SHARE-NII> 0.16
<PER-SHARE-GAIN-APPREC> 0.73
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (0.15)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.5
<EXPENSE-RATIO> 0.77
</TABLE>