<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000882129
<NAME> PIC INVESTMENT TRUST
<SERIES>
<NUMBER> 10
<NAME> PROV. INVESTMENT COUNSEL MID CAP FUND B
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> APR-30-2000
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 5904881
<RECEIVABLES> 54342
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 20669
<TOTAL-ASSETS> 5979892
<PAYABLE-FOR-SECURITIES> 46565
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 51096
<TOTAL-LIABILITIES> 97661
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5165487
<SHARES-COMMON-STOCK> 229756
<SHARES-COMMON-PRIOR> 46917
<ACCUMULATED-NII-CURRENT> (33790)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (7959)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 758493
<NET-ASSETS> 5882231
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 0
<OTHER-INCOME> (10858)
<EXPENSES-NET> 21880
<NET-INVESTMENT-INCOME> (32738)
<REALIZED-GAINS-CURRENT> 18836
<APPREC-INCREASE-CURRENT> 696229
<NET-CHANGE-FROM-OPS> 682327
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 185045
<NUMBER-OF-SHARES-REDEEMED> 2206
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 5150487
<ACCUMULATED-NII-PRIOR> (1052)
<ACCUMULATED-GAINS-PRIOR> (26795)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 62102
<AVERAGE-NET-ASSETS> 3548400
<PER-SHARE-NAV-BEGIN> 15.60
<PER-SHARE-NII> (0.15)
<PER-SHARE-GAIN-APPREC> 10.15
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 25.60
<EXPENSE-RATIO> 2.14
</TABLE>
