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 INVESTMENT TRUST
<SERIES>
   <NUMBER> 4
   <NAME> LOW DURATION U.S. GOVERNMENT INCOME FUND - A
<MULTIPLIER> 1,000

<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>                           162778
<INVESTMENTS-AT-VALUE>                          161907
<RECEIVABLES>                                    19868
<ASSETS-OTHER>                                      15
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  181790
<PAYABLE-FOR-SECURITIES>                         85572
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          942
<TOTAL-LIABILITIES>                              86514
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        172171
<SHARES-COMMON-STOCK>                            41928
<SHARES-COMMON-PRIOR>                            37793
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                              27
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         75906
<ACCUM-APPREC-OR-DEPREC>                         (962)
<NET-ASSETS>                                     95276
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 3198
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     487
<NET-INVESTMENT-INCOME>                           2711
<REALIZED-GAINS-CURRENT>                         (717)
<APPREC-INCREASE-CURRENT>                        (721)
<NET-CHANGE-FROM-OPS>                             1273
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         2638
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          22088
<NUMBER-OF-SHARES-REDEEMED>                      18958
<SHARES-REINVESTED>                               1005
<NET-CHANGE-IN-ASSETS>                            8134
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                             23
<OVERDIST-NET-GAINS-PRIOR>                       65876
<GROSS-ADVISORY-FEES>                              246
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    487
<AVERAGE-NET-ASSETS>                             94755
<PER-SHARE-NAV-BEGIN>                             2.31
<PER-SHARE-NII>                                   0.06
<PER-SHARE-GAIN-APPREC>                         (0.04)
<PER-SHARE-DIVIDEND>                              0.06
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               2.27
<EXPENSE-RATIO>                                   0.93



</TABLE>


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