PAINEWEBBER MANAGED INVESTMENTS TRUST
NSAR-A, EX-27, 2000-07-31
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000746703
<NAME> PAINEWEBBER MANAGED INVESTMENTS TRUST
<SERIES>
   <NUMBER> 1
   <NAME> US GOVERNMENT INCOME CLASS Y
<MULTIPLIER> 1000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          NOV-30-2000
<PERIOD-START>                             DEC-01-1999
<PERIOD-END>                               MAY-31-2000
<INVESTMENTS-AT-COST>                             11,782
<INVESTMENTS-AT-VALUE>                            11,201
<RECEIVABLES>                                       313
<ASSETS-OTHER>                                       4
<OTHER-ITEMS-ASSETS>                             1,343
<TOTAL-ASSETS>                                    12,861
<PAYABLE-FOR-SECURITIES>                           2,348
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1,393
<TOTAL-LIABILITIES>                                3,741
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          13,287
<SHARES-COMMON-STOCK>                              1,095
<SHARES-COMMON-PRIOR>                              1,347
<ACCUMULATED-NII-CURRENT>                          (6)
<OVERDISTRIBUTION-NII>                             0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                          (3,569)
<ACCUM-APPREC-OR-DEPREC>                          (592)
<NET-ASSETS>                                     9,120
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  346
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     (35)
<NET-INVESTMENT-INCOME>                            311
<REALIZED-GAINS-CURRENT>                           (88)
<APPREC-INCREASE-CURRENT>                          (115)
<NET-CHANGE-FROM-OPS>                              108
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (315)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            238
<NUMBER-OF-SHARES-REDEEMED>                      (526)
<SHARES-REINVESTED>                                37
<NET-CHANGE-IN-ASSETS>                           2,345
<ACCUMULATED-NII-PRIOR>                           (7)
<ACCUMULATED-GAINS-PRIOR>                          0
<OVERDISTRIB-NII-PRIOR>                            0
<OVERDIST-NET-GAINS-PRIOR>                        (3,801)
<GROSS-ADVISORY-FEES>                              24
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     35
<AVERAGE-NET-ASSETS>                             9,687
<PER-SHARE-NAV-BEGIN>                             8.50
<PER-SHARE-NII>                                   0.27
<PER-SHARE-GAIN-APPREC>                          (0.17)
<PER-SHARE-DIVIDEND>                             (0.27)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.33
<EXPENSE-RATIO>                                   0.65



</TABLE>


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