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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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SIGNATURE J. S. NEUMAN
TITLE SECRETARY
<TABLE> <S> <C>
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<LEGEND>
This schedule contains Summary Financial Information extracted from the BT
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</LEGEND>
<CIK> 0000884463
<NAME> BT PYRAMID FUNDS
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<NAME> BT PYRAMID LTD TERM U.S. GOV'T FUND
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<TABLE> <S> <C>
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<LEGEND>
This schedule contains Summary Financial Information extracted from the BT
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<CIK> 0000884463
<NAME> BT PYRAMID FUNDS
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<NAME> BT PYRAMID EQUITY APPRECIATION FUND
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