<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000891160
<NAME> SCHWARTZ INVESTMENT TRUST
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 33,516,539
<INVESTMENTS-AT-VALUE> 37,460,039
<RECEIVABLES> 616,749
<ASSETS-OTHER> 12,184
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 38,088,972
<PAYABLE-FOR-SECURITIES> 685,375
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 526,959
<TOTAL-LIABILITIES> 1,212,334
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 30,412,587
<SHARES-COMMON-STOCK> 1,746,786
<SHARES-COMMON-PRIOR> 2,111,529
<ACCUMULATED-NII-CURRENT> (4,552)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,525,103
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,943,500
<NET-ASSETS> 36,876,638
<DIVIDEND-INCOME> 325,925
<INTEREST-INCOME> 43,713
<OTHER-INCOME> 0
<EXPENSES-NET> 374,190
<NET-INVESTMENT-INCOME> (4,552)
<REALIZED-GAINS-CURRENT> 2,895,810
<APPREC-INCREASE-CURRENT> (1,568,270)
<NET-CHANGE-FROM-OPS> 1,322,988
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 147,551
<NUMBER-OF-SHARES-REDEEMED> 512,294
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (4,795,835)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 370,707
<GROSS-ADVISORY-FEES> 277,183
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 374,190
<AVERAGE-NET-ASSETS> 37,978,225
<PER-SHARE-NAV-BEGIN> 19.74
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 1.37
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.11
<EXPENSE-RATIO> 1.98
</TABLE>
