<PAGE> PAGE 1
000 A000000 12/31/95
000 C000000 0000739243
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
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000 J000000 A
001 A000000 PAINEWEBBER MANAGED MUNICIPAL TRUST
001 B000000 811-3946
001 C000000 2127131074
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 2
007 C010100 1
007 C020100 PAINEWEBBER RMA CALIFORNIA MUNICIPAL MONEY FD
007 C030100 N
007 C010200 2
007 C020200 PAINEWEBBER RMA NEW YORK MUNICIPAL MONEY FUND
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
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008 B00AA01 A
008 C00AA01 801-01763
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10019
008 A00AA02 MITCHELL HUTCHINS ASSET MANAGEMENT, INC.
008 B00AA02 S
008 C00AA02 801-13219
008 D01AA02 NEW YORK
008 D02AA02 NY
008 D03AA02 10019
010 A00AA01 PAINEWEBBER, INC.
010 B00AA01 801-01763
010 C01AA01 NEW YORK
<PAGE> PAGE 2
010 C02AA01 NY
010 C03AA01 10019
011 A00AA01 PAINEWEBBER, INC.
011 B00AA01 8-16267
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10019
012 A00AA01 PFPC, INC.
012 B00AA01 85-0000000
012 C01AA01 WILMINGTON
012 C02AA01 DE
012 C03AA01 19809
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10019
014 A00AA01 PAINEWEBBER, INC.
014 B00AA01 8-16267
015 A00AA01 STATE STREET BANK & TRUST CO.
015 B00AA01 C
015 C01AA01 NORTH QUINCY
015 C02AA01 MA
015 C03AA01 02171
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022 A000001 MORGAN STANLEY AND CO. INC.
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022 A000002 GOLDMAN SACHS
022 B000002 13-5108880
022 C000002 212073
022 D000002 21100
022 A000003 LEHMAN BROS. INC.
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<PAGE> PAGE 3
022 A000004 SMITH BARNEY INC.
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022 A000005 MORGAN J.P., SECURITIES INC.
022 B000005 13-3224016
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022 B000006 13-3379014
022 C000006 28973
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022 A000007 BANKERS TRUST COMPANY
022 B000007 13-4941247
022 C000007 31159
022 D000007 15003
022 A000008 NUVEEN (JOHN) & COMPANY
022 B000008 36-2639476
022 C000008 22185
022 D000008 21150
022 A000009 BEAR STEARNS & COMPANY
022 B000009 00-0000000
022 C000009 12540
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022 A000010 BANK OF NEW YORK
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<PAGE> PAGE 4
030 B00AA00 0.00
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<PAGE> PAGE 5
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 N
060 B00AA00 N
061 00AA00 0
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
070 A01AA00 Y
070 A02AA00 N
070 B01AA00 N
070 B02AA00 N
070 C01AA00 N
070 C02AA00 N
070 D01AA00 N
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
070 J01AA00 N
070 J02AA00 N
070 K01AA00 N
070 K02AA00 N
070 L01AA00 N
070 L02AA00 N
070 M01AA00 N
070 M02AA00 N
070 N01AA00 N
070 N02AA00 N
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<PAGE> PAGE 6
077 B000000 N
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080 A00AA00 ICI MUTUAL INSURANCE CO.
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<PAGE> PAGE 7
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043 000100 145
044 000100 0
049 000100 N
050 000100 N
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052 000100 N
053 A000100 N
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055 B000100 N
056 000100 Y
057 000100 N
062 A000100 Y
062 B000100 0.0
062 C000100 0.0
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<PAGE> PAGE 8
062 L000100 0.5
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063 B000100 0.0
064 A000100 N
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071 A000100 0
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072 B000100 6700
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<PAGE> PAGE 9
073 C000100 0.0000
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<PAGE> PAGE 10
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<PAGE> PAGE 11
063 A000200 50
063 B000200 0.0
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071 A000200 0
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<PAGE> PAGE 12
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SIGNATURE JULIAN SLUYTERS
TITLE TREASURER
[ARTICLE] 6
[CIK] 0000739243
[NAME] PAINEWEBBER MANAGED MUNICIPAL TRUST
[SERIES]
[NUMBER] 2
[NAME] PAINEWEBBER RMA NEW YORK
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JUN-30-1996
[PERIOD-END] DEC-31-1995
[INVESTMENTS-AT-COST] 255087
[INVESTMENTS-AT-VALUE] 255087
[RECEIVABLES] 6159
[ASSETS-OTHER] 356
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 261602
[PAYABLE-FOR-SECURITIES] 3022
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 4572
[TOTAL-LIABILITIES] 7594
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 0
[SHARES-COMMON-STOCK] 254273
[SHARES-COMMON-PRIOR] 192933
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (140)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 0
[NET-ASSETS] 254008
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 4231
[OTHER-INCOME] 0
[EXPENSES-NET] (883)
[NET-INVESTMENT-INCOME] 3348
[REALIZED-GAINS-CURRENT] (1)
[APPREC-INCREASE-CURRENT] 0
[NET-CHANGE-FROM-OPS] 3347
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (3453)
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 679857
[NUMBER-OF-SHARES-REDEEMED] (622090)
[SHARES-REINVESTED] 3459
[NET-CHANGE-IN-ASSETS] 61209
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 572
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 888
[AVERAGE-NET-ASSETS] 226880
[PER-SHARE-NAV-BEGIN] 1.00
[PER-SHARE-NII] .015
[PER-SHARE-GAIN-APPREC] 0
[PER-SHARE-DIVIDEND] (.015)
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 1.00
[EXPENSE-RATIO] 2.93
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000739243
[NAME] PAINEWEBBER RMA CALIFORNIA MUNICIPAL MONEY FUND
[SERIES]
[NUMBER] 1
[NAME] PAINEWEBBER MANAGED MUNICIPAL TRUST
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JUN-30-1996
[PERIOD-END] DEC-31-1995
[INVESTMENTS-AT-COST] 471108
[INVESTMENTS-AT-VALUE] 471108
[RECEIVABLES] 3031
[ASSETS-OTHER] 49
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 474188
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 756
[TOTAL-LIABILITIES] 756
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 0
[SHARES-COMMON-STOCK] 473957
[SHARES-COMMON-PRIOR] 331258
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 114
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 348
[ACCUM-APPREC-OR-DEPREC] 0
[NET-ASSETS] 473432
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 6700
[OTHER-INCOME] 0
[EXPENSES-NET] (1383)
[NET-INVESTMENT-INCOME] 5317
[REALIZED-GAINS-CURRENT] (6)
[APPREC-INCREASE-CURRENT] 0
[NET-CHANGE-FROM-OPS] 5311
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (5431)
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1077886
[NUMBER-OF-SHARES-REDEEMED] (940857)
[SHARES-REINVESTED] 5587
[NET-CHANGE-IN-ASSETS] 142496
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] (321)
[GROSS-ADVISORY-FEES] 892
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1383
[AVERAGE-NET-ASSETS] 360820
[PER-SHARE-NAV-BEGIN] 1.00
[PER-SHARE-NII] 0.015
[PER-SHARE-GAIN-APPREC] 0
[PER-SHARE-DIVIDEND] (0.015)
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 1.00
[EXPENSE-RATIO] 0.76
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
FOR RMA New York Municipal Money Fund
For filing period ended December 31, 1995 Exhibit 77M
File number 811-3946
The Combined Proxy Statement and Prospectus (the "Proxy Statement") included
in the Registrant's Registration Statement on Form N-14 filed with the
Securities and Exchange Commission through EDGAR on September 6, 1995,
(Accession No. : 889812-95-000482), is incorporated herein by reference in
response to this Sub-Item. The transaction described in the Proxy Statement
was consummated on November 13, 1995. Pursuant to state law, no vote of the
Registrant's shareholders was required. Actions required by applicable state
law, such as the registration of additional shares of the Registrant under
certain Blue Sky laws, either have been or will be effected in accordance
with such laws. Another registered investment company party to the
transaction, PaineWebber/Kidder, Peabody Municipal Money Market Series -
New York Series ( a series of PaineWebber/Kidder, Peabody Municipal Money
Market Series) described in the Proxy Statement was part of a series or
multiple portfolio company the other series or portfolios of which continue
to exist; therefore, that other series or multiple portfolio company does not
intend to deregister with the Commission under the Investment Company Act of
1940, as amended.
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
FOR RMA California Municipal Money Fund
For filing period ended December 31, 1995 Exhibit 77M
File number 811-3946
The Combined Proxy Statement and Prospectus (the "Proxy Statement") included
in the Registrant's Registration Statement on Form N-14 filed with the
Securities and Exchange Commission through EDGAR on September 26, 1995,
(Accession No. : 0000950136-95-000317), is incorporated herein by reference
in response to this Sub-Item. The transaction described in the Proxy
Statement was consummated on December 11, 1995. Pursuant to state law, no
vote of the Registrant's shareholders was required. Actions required by
applicable state law, such as the registration of additional shares of the
Registrant under certain Blue Sky laws, either have been or will be effected
in accordance with such laws. Another registered investment company party to
the transaction, PaineWebber/Kidder, Peabody California Tax Exempt Money
Fund, described in the Proxy Statement intends to deregister with the
Commission under the Investment Company Act of 1940, as amended.
</TABLE>
FOR RMA New York Municipal Money Fund
For filing period ended December 31, 1995 Exhibit 77Q(1)
File number 811-3946
The Combined Proxy Statement and Prospectus (the "Proxy Statement") included
in the Registrant's Registration Statement on Form N-14 filed with the
Securities and Exchange Commission through EDGAR on September 6, 1995,
(Accession No. : 889812-95-000482), is incorporated herein by reference in
response to this Sub-Item.
FOR RMA California Municipal Money Fund
For filing period ended December 31, 1995 Exhibit 77Q (1)
File number 811-3946
The Combined Proxy Statement and Prospectus (the "Proxy Statement") included
in the Registrant's Registration Statement on Form N-14 filed with the
Securities and Exchange Commission through EDGAR on September 26, 1995,
(Accession No. : 0000950136-95-000317), is incorporated herein by reference
in response to this Sub-Item.
