<PAGE> PAGE 1
000 B000000 06/30/96
000 C000000 0000703876
000 D000000 N
000 E000000 NC
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 PAINEWEBBER RMA MONEY FUND, INC.
001 B000000 811-3503
001 C000000 2127133648
002 A000000 1285 AVENUE OF THE AMERICAS
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10019
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 MONEY MARKET PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 U.S. GOVERNMENT PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 RETIREMENT MONEY FUND
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
077 A000000 Y
080 A00AA00 ICI MUTUAL INSURANCE CO.
080 C00AA00 45000
081 A00AA00 Y
081 B00AA00 69
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
<PAGE> PAGE 2
062 A000100 Y
062 B000100 2.2
062 C000100 7.6
062 D000100 0.6
062 E000100 0.0
062 F000100 17.5
062 G000100 0.0
062 H000100 1.0
062 I000100 51.4
062 J000100 0.0
062 K000100 0.0
062 L000100 19.7
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
070 A010100 Y
070 A020100 Y
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
070 Q010100 N
<PAGE> PAGE 3
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 12
074 N000100 7648384
074 T000100 7522612
075 A000100 6533289
075 B000100 0
062 A000200 Y
062 B000200 54.2
062 C000200 0.0
062 D000200 45.2
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.6
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
<PAGE> PAGE 4
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 12
074 N000200 1139931
074 T000200 1137510
075 A000200 1021530
075 B000200 0
062 A000300 Y
062 B000300 1.3
062 C000300 7.8
062 D000300 0.4
062 E000300 0.0
062 F000300 0.4
062 G000300 16.8
062 H000300 1.4
062 I000300 53.7
062 J000300 0.0
062 K000300 0.0
062 L000300 18.2
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
070 A010300 Y
070 A020300 Y
070 B010300 N
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
<PAGE> PAGE 5
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 Y
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 N
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 Y
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 0
071 B000300 0
071 C000300 0
071 D000300 0
072 A000300 12
074 N000300 3557818
074 T000300 3050508
075 A000300 3395388
075 B000300 0
SIGNATURE JULIAN SLUYTERS
TITLE SENIOR VICE PRESIDET
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000739243
<NAME> MANAGED MUNICIPAL TRUST
<SERIES>
<NUMBER> 1
<NAME> PW RMA MONEY MARKET PORTFOLIO
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUN-30-1996
<PERIOD-START> JUL-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 7,609,644,457
<INVESTMENTS-AT-VALUE> 7,609,644,457
<RECEIVABLES> 38,120
<ASSETS-OTHER> 620
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7,648,384
<PAYABLE-FOR-SECURITIES> 110,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 15,772
<TOTAL-LIABILITIES> 125,772
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 7,526,776
<SHARES-COMMON-PRIOR> 5,884,604
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (701)
<ACCUMULATED-NET-GAINS> (3,915)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 7,522,612
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 376,195
<OTHER-INCOME> 0
<EXPENSES-NET> 39,202
<NET-INVESTMENT-INCOME> 336,993
<REALIZED-GAINS-CURRENT> 338
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 337,331
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (337,694)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 38,391,873
<NUMBER-OF-SHARES-REDEEMED> (36,593,662)
<SHARES-REINVESTED> 326,876
<NET-CHANGE-IN-ASSETS> 2,125,087
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 32,953
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 39,202
<AVERAGE-NET-ASSETS> 6,533,289
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .051
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.051)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000703876
<NAME> PW RMA MONEY FUND
<SERIES>
<NUMBER> 3
<NAME> PW RMA RETIREMENT FUND
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUN-30-1996
<PERIOD-START> JUL-01-1996
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 3,539,594
<INVESTMENTS-AT-VALUE> 3,539,594
<RECEIVABLES> 17,811
<ASSETS-OTHER> 414
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3,557,818
<PAYABLE-FOR-SECURITIES> 50,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7,309
<TOTAL-LIABILITIES> 57,310
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,502,361
<SHARES-COMMON-STOCK> 3,502,349
<SHARES-COMMON-PRIOR> 2,968,330
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (11)
<ACCUMULATED-NET-GAINS> (1,841)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 3,500,508
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 193,779
<OTHER-INCOME> 0
<EXPENSES-NET> 23,739
<NET-INVESTMENT-INCOME> 170,039
<REALIZED-GAINS-CURRENT> 289
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 170,329
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (170,039)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12,749,232
<NUMBER-OF-SHARES-REDEEMED> (12,381,363)
<SHARES-REINVESTED> 166,151
<NET-CHANGE-IN-ASSETS> 534,309
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (12)
<OVERDIST-NET-GAINS-PRIOR> (2,131)
<GROSS-ADVISORY-FEES> 14,023
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 23,739
<AVERAGE-NET-ASSETS> 3,395,388
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.70
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000739243
<NAME> PW RMA MONEY FUND< INC>
<SERIES>
<NUMBER> 02
<NAME> PW RMA U.S. GOVERNMENT
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> JUN-30-1996
<PERIOD-START> JUL-01-1995
<PERIOD-END> JUN-30-1996
<INVESTMENTS-AT-COST> 1,131,290
<INVESTMENTS-AT-VALUE> 1,131,290
<RECEIVABLES> 8,632
<ASSETS-OTHER> 9
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,139,931
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,421
<TOTAL-LIABILITIES> 2,421
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 1,137,612
<SHARES-COMMON-PRIOR> 815,865
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (102)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1,137,510
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 56,703
<OTHER-INCOME> 0
<EXPENSES-NET> (6590)
<NET-INVESTMENT-INCOME> 50,113
<REALIZED-GAINS-CURRENT> (16)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 50097
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (50,289)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,766,140
<NUMBER-OF-SHARES-REDEEMED> (5,492,802)
<SHARES-REINVESTED> 48736
<NET-CHANGE-IN-ASSETS> 321,730
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (85)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,458
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6,590
<AVERAGE-NET-ASSETS> 1,021,530
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.049
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (0.049)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .65
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
For period ending June 30,1996 Attachment 77C
File Number 811-3503
PaineWebber RMA Money Fund, Inc.
U.S. Government Portfolio
Retirement Money Fund
Special Meeting held May 1,1996
A special meeting of shareholders was held on May 1,1996,
at which the following proposals to change each Series' fundamental
investment restrictions and policies were approved:
Shares Voted Shares Voted Shares
For Against Abstain
Modification of Fundamental Restriction on Portfolio
Diversification for Diversified Funds:
RMA Money 2,867,524,867 54,304,275 313,113,634
U.S. Government 500,652,562 7,454,379 73,095,234
Retirement Money 1,537,664,271 39,633,153 200,341,930
Modification of Fundamental Restriction
on Concentration:
RMA Money 2,867,133,775 54,695,367 313,113,634
U.S. Government 500,652,562 7,454,379 73,095,234
Retirement Money 1,537,631,849 39,665,575 200,341,930
Modification of Fundamental Restriction
on Senior Securities and Borrowing:
RMA Money 2,865,759,240 56,103,547 313,079,989
U.S. Government 500,652,562 7,454,379 73,095,234
Retirement Money 1,535,911,708 41,383,715 200,343,931
Modification of Fundamental Restriction
on Making Loans:
RMA Money 2,865,214,544 56,614,598 313,113,634
U.S. Government 500,652,562 7,454,379 73,095,234
Retirement Money 1,536,838,263 40,459,161 200,341,930
Modification of Fundamental Restriction
on Underwriting Securities:
RMA Money 2,867,652,719 54,176,423 313,113,634
U.S. Government 500,652,562 7,454,379 73,095,234
Retirement Money 1,537,601,888 39,695,536 200,341,930
Shares Voted Shares voted Shares
For Against Abstain
Modification of Fundamental Restriction
on Real Estate Investments:
RMA Money 2,865,574,877 56,254,264 313,113,635
U.S. Government 500,652,562 7,454,379 73,095,234
Retirement Money 1,537,530,628 39,766,796 200,341,930
Modification of Fundamental Restriction
on Investing in Commodities:
RMA Money 2,865,238,016 56,591,125 313,113,635
U.S. Government 500,652,562 7,454,379 73,095,234
Retirement Money 1,533,980,817 43,316,608 200,341,929
Elimination of Fundamental Restriction
on Pledging Portfolio Securities:
RMA Money 2,866,466,579 55,362,563 313,113,634
U.S. Government 500,652,562 7,454,379 73,095,234
Retirement Money 1,536,929,560 40,367,864 200,341,930
Elimination of Fundamental Restriction
on Margin Transaction:
RMA Money 2,865,732,174 56,096,968 313,113,634
U.S. Government 500,652,562 7,454,379 73,095,234
Retirement Money 1,535,361,892 41,935,532 200,341,930
Elimination of Fundamental Restriction
on Short Sales :
RMA Money 2,865,407,662 56,421,480 313,113,634
U.S. Government 500,652,562 7,454,379 73,095,234
Retirement Money 1,535,517,629 41,779,795 200,341,930
Elimination of Fundamental Restriction
on Investments in Oil, Gas, and Mineral
Leases and Programs:
RMA Money 2,866,700,732 55,128,410 313,113,634
U.S. Government 500,652,562 7,454,379 73,095,234
Retirement Money 1,536,336,388 40,961,036 200,341,930
Shares Voted Shares voted Shares
For Against Abstain
Elimination of Fundamental Restriction
on Investments in Other Investment Companies:
RMA Money 2,867,149,617 54,679,525 313,113,634
U.S. Government 500,652,562 7,454,379 73,095,234
Retirement Money 1,537,173,585 40,123,839 200,341,930
Approval of Amended and Restated Articles of
Incorporation (RMA Money Fund, U.S. Government
Portfolio, & Retirement Money Fund, voting
voting together as a single class)
4,861,894,257 102,920,459 628,969,589
( Broker non-votes and abstentions are included within the
" Shares Abstain" totals.)
In addition to the items noted above, each Fund's shareholders
(i) elected board members and (ii) ratified the selection of
independent auditors. Pursuant to Instruction 2 of Sub-Item 77C
of Form N-SAR, it is not necessary to provide in this exhibit
details concerning shareholder action on these two proposals
since there were no solicitations in opposition to the registrant's
nominees and all of the nominees were elected.
A more complete description of each of the proposals referred to
above is hereby incorporated by reference to the Fund's proxy
materials relating to the Special Meeting of Shareholders
dated February 28,1996. These Schedule 14A materials were
filed with the Securities and Exchange Commission via EDGAR
on February 28,1996: the acquisition code number
was 0000889812-96-000186.
Board Trustees
PaineWebber RMA Money Fund, Inc.
In planning and performing our audit of the financial statements of PaineWebber
RMA Money Fund, Inc. (consisting of PaineWebber RMA Money Market
Portfolio, PaineWebber RMA U.S. Government Portfolio, and PaineWebber
Retirement Money Fund) for the year ended June 30, 1996, we considered its
internal control structure, including
procedures for safeguarding securities, in order to determine our auditing
procedures for the purpose of expressing our opinion on the financial
statements and to comply with the requirements of Form N-SAR, not to provide
assurance on the internal control structure.
The management of PaineWebber RMA Money Fund, Inc. is responsible for
establishing and maintaining an internal control structure. In fulfilling
this responsibility, estimates and judgments by management are required to
assess the expected benefits and related costs of internal control structure
policies and procedures. Two of the objectives of an internal control
structure are to provide management with reasonable, but not absolute,
assurance that assets are safeguarded against loss from unauthorized use or
disposition and that transactions are executed in accordance with management's
authorization and recorded properly to permit preparation of financial
statements in conformity with generally accepted accounting principles.
Because of inherent limitations in any internal control structure, errors or
irregularities may occur and not be detected. Also, projection of any
evaluation of the structure to future periods is subject to the risk that it
may become inadequate because of changes in conditions or that the
effectiveness of the design and operation may deteriorate.
Our consideration of the internal control structure would not necessarily
disclose all matters in the internal control structure that might be material
weaknesses under standards established by the American Institute of Certified
Public Accountants. A material weakness is a condition in which the design or
operation of the specific internal control structure elements does not reduce
to a relatively low level the risk that errors or irregularities in amounts
that would be material in relation to the financial statements being audited
may occur and not be detected within a timely period by employees in the
normal course of performing their assigned functions. However, we noted no
matters involving the internal control structure, including procedures for
safeguarding securities, that we consider to be material weaknesses as defined
above as of June 30, 1996.
This report is intended solely for the information and use of management and
the Securities and Exchange Commission.
ERNST & YOUNG LLP
August 12, 1996
