<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000906619
<NAME> BT INVESTMENT PORTFOLIOS
<SERIES>
<NUMBER> 17
<NAME> PRESERVATION PLUS INCOME PORTFOLIO
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-2000
<PERIOD-END> MAR-31-2000
<INVESTMENTS-AT-COST> 147572245
<INVESTMENTS-AT-VALUE> 146677509
<RECEIVABLES> 1384625
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 1158791
<TOTAL-ASSETS> 149220925
<PAYABLE-FOR-SECURITIES> (20453125)
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (3889)
<TOTAL-LIABILITIES> (20457014)
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 127999041
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 764870
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 689580
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (689580)
<NET-ASSETS> 128763911
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1384745
<OTHER-INCOME> 0
<EXPENSES-NET> (65654)
<NET-INVESTMENT-INCOME> 1319091
<REALIZED-GAINS-CURRENT> 722400
<APPREC-INCREASE-CURRENT> (722400)
<NET-CHANGE-FROM-OPS> 1319091
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 102668914
<ACCUMULATED-NII-PRIOR> 597975
<ACCUMULATED-GAINS-PRIOR> (32820)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (133131)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (213543)
<AVERAGE-NET-ASSETS> 37850912
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> 1.13
</TABLE>
