<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000927845
<NAME> T. ROWE PRICE ADVISOR VALUE FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 915880
<INVESTMENTS-AT-VALUE> 834291
<RECEIVABLES> 17466
<ASSETS-OTHER> 804
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 852561
<PAYABLE-FOR-SECURITIES> 19147
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2006
<TOTAL-LIABILITIES> 21153
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 855047
<SHARES-COMMON-STOCK> 47890
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 6141
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 51809
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (81589)
<NET-ASSETS> 831408
<DIVIDEND-INCOME> 8253
<INTEREST-INCOME> 1285
<OTHER-INCOME> 0
<EXPENSES-NET> 3725
<NET-INVESTMENT-INCOME> 5814
<REALIZED-GAINS-CURRENT> 29731
<APPREC-INCREASE-CURRENT> (47124)
<NET-CHANGE-FROM-OPS> (11579)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1
<NUMBER-OF-SHARES-REDEEMED> (14640)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (20011)
<ACCUMULATED-NII-PRIOR> 6141
<ACCUMULATED-GAINS-PRIOR> 51809
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2683
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3725
<AVERAGE-NET-ASSETS> 808481
<PER-SHARE-NAV-BEGIN> 17.57
<PER-SHARE-NII> 0.07
<PER-SHARE-GAIN-APPREC> (0.27)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.37
<EXPENSE-RATIO> 0.81
</TABLE>
