PAINEWEBBER MANAGED INVESTMENTS TRUST
NSAR-A/A, EX-27, 2000-06-06
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000746703
<NAME> PAINEWEBBER MANAGED INVESTMENTS TRUST
<SERIES>
   <NUMBER> 8
   <NAME> PAINEWEBBER STRATEGY FUND CLASS Y
<MULTIPLIER> 1000

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-2000
<PERIOD-START>                             DEC-02-1999
<PERIOD-END>                               MAR-31-2000
<INVESTMENTS-AT-COST>                            31492
<INVESTMENTS-AT-VALUE>                           32533
<RECEIVABLES>                                       93
<ASSETS-OTHER>                                     537
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   33163
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          673
<TOTAL-LIABILITIES>                                673
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         31867
<SHARES-COMMON-STOCK>                             3164
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                        (111)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          (306)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          1040
<NET-ASSETS>                                     32490
<DIVIDEND-INCOME>                                   39
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<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    (96)
<NET-INVESTMENT-INCOME>                           (30)
<REALIZED-GAINS-CURRENT>                         (306)
<APPREC-INCREASE-CURRENT>                         1041
<NET-CHANGE-FROM-OPS>                              703
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           3486
<NUMBER-OF-SHARES-REDEEMED>                      (322)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                           32574
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               81
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   (96)
<AVERAGE-NET-ASSETS>                             32842
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                 (0.01)
<PER-SHARE-GAIN-APPREC>                           0.28
<PER-SHARE-DIVIDEND>                                 0
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<EXPENSE-RATIO>                                   0.86
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0


</TABLE>


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