<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000912725
<NAME> BERGER INVESTMENT PORTFOLIO TRUST
<SERIES>
<NUMBER> 022
<NAME> BERGER NEW GENERATION FUND
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> SEP-30-2000
<PERIOD-START> OCT-01-1999
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 732099672
<INVESTMENTS-AT-VALUE> 867896047
<RECEIVABLES> 20798099
<ASSETS-OTHER> 213257729
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1101951875
<PAYABLE-FOR-SECURITIES> 21816690
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 219084250
<TOTAL-LIABILITIES> 240900940
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 560619696
<SHARES-COMMON-STOCK> 209616<F1>
<SHARES-COMMON-PRIOR> 13443<F1>
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 27673
<ACCUMULATED-NET-GAINS> 164662537
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 135796375
<NET-ASSETS> 861050935
<DIVIDEND-INCOME> 202879
<INTEREST-INCOME> 303366
<OTHER-INCOME> 771214
<EXPENSES-NET> 9374930
<NET-INVESTMENT-INCOME> (8097471)
<REALIZED-GAINS-CURRENT> 177147820
<APPREC-INCREASE-CURRENT> 63212050
<NET-CHANGE-FROM-OPS> 232262399
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 146231<F1>
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 201395<F1>
<NUMBER-OF-SHARES-REDEEMED> 9556<F1>
<SHARES-REINVESTED> 4334<F1>
<NET-CHANGE-IN-ASSETS> 529766275
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 67412970
<OVERDISTRIB-NII-PRIOR> 17460
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6068735
<INTEREST-EXPENSE> 198388
<GROSS-EXPENSE> 9449472
<AVERAGE-NET-ASSETS> 3466978<F1>
<PER-SHARE-NAV-BEGIN> 25.79<F1>
<PER-SHARE-NII> 0<F1>
<PER-SHARE-GAIN-APPREC> 16.41<F1>
<PER-SHARE-DIVIDEND> 0<F1>
<PER-SHARE-DISTRIBUTIONS> 4.53<F1>
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 37.67<F1>
<EXPENSE-RATIO> 1.17<F1>
<FN>
<F1>Institutional Shares
</FN>
</TABLE>
