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 - 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>                           206357
<INVESTMENTS-AT-VALUE>                          161262
<RECEIVABLES>                                     4385
<ASSETS-OTHER>                                       7
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  165654
<PAYABLE-FOR-SECURITIES>                           741
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1540
<TOTAL-LIABILITIES>                               2281
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        327162
<SHARES-COMMON-STOCK>                            32898
<SHARES-COMMON-PRIOR>                            38066
<ACCUMULATED-NII-CURRENT>                          908
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (119601)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       (45095)
<NET-ASSETS>                                    163374
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                12143
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1070
<NET-INVESTMENT-INCOME>                          11073
<REALIZED-GAINS-CURRENT>                       (34558)
<APPREC-INCREASE-CURRENT>                       (4290)
<NET-CHANGE-FROM-OPS>                          (27775)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (11564)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          18511
<NUMBER-OF-SHARES-REDEEMED>                      64155
<SHARES-REINVESTED>                               4818
<NET-CHANGE-IN-ASSETS>                         (80164)
<ACCUMULATED-NII-PRIOR>                           1729
<ACCUMULATED-GAINS-PRIOR>                      (79377)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              542
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1070
<AVERAGE-NET-ASSETS>                            208263
<PER-SHARE-NAV-BEGIN>                             6.12
<PER-SHARE-NII>                                   0.31
<PER-SHARE-GAIN-APPREC>                         (1.14)
<PER-SHARE-DIVIDEND>                            (0.32)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               4.97
<EXPENSE-RATIO>                                   0.99



</TABLE>


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