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> 3
   <NAME> PAINEWEBBER HIGH INCOME FUND - Y
<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>                              999
<INVESTMENTS-AT-VALUE>                             781
<RECEIVABLES>                                       21
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                     802
<PAYABLE-FOR-SECURITIES>                             4
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            7
<TOTAL-LIABILITIES>                                 11
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          1584
<SHARES-COMMON-STOCK>                              159
<SHARES-COMMON-PRIOR>                              350
<ACCUMULATED-NII-CURRENT>                            4
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (579)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         (218)
<NET-ASSETS>                                       791
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                   59
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       4
<NET-INVESTMENT-INCOME>                             55
<REALIZED-GAINS-CURRENT>                         (167)
<APPREC-INCREASE-CURRENT>                         (21)
<NET-CHANGE-FROM-OPS>                            (133)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (80)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            288
<NUMBER-OF-SHARES-REDEEMED>                       1524
<SHARES-REINVESTED>                                 80
<NET-CHANGE-IN-ASSETS>                          (1369)
<ACCUMULATED-NII-PRIOR>                             16
<ACCUMULATED-GAINS-PRIOR>                        (730)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                3
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                      4
<AVERAGE-NET-ASSETS>                              1402
<PER-SHARE-NAV-BEGIN>                             6.11
<PER-SHARE-NII>                                   0.33
<PER-SHARE-GAIN-APPREC>                         (1.15)
<PER-SHARE-DIVIDEND>                            (0.33)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               4.96
<EXPENSE-RATIO>                                   0.74



</TABLE>


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