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 A
<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>                           594236
<INVESTMENTS-AT-VALUE>                          613869
<RECEIVABLES>                                     1758
<ASSETS-OTHER>                                   10135
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  625762
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        12703
<TOTAL-LIABILITIES>                              12703
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        601297
<SHARES-COMMON-STOCK>                            59759
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       (2088)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (5783)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         19634
<NET-ASSETS>                                    613059
<DIVIDEND-INCOME>                                  739
<INTEREST-INCOME>                                  500
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  (2342)
<NET-INVESTMENT-INCOME>                         (1103)
<REALIZED-GAINS-CURRENT>                        (5783)
<APPREC-INCREASE-CURRENT>                        19634
<NET-CHANGE-FROM-OPS>                            12747
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          69579
<NUMBER-OF-SHARES-REDEEMED>                     (9820)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                          614069
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             1531
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 (2343)
<AVERAGE-NET-ASSETS>                            640082
<PER-SHARE-NAV-BEGIN>                            10.00
<PER-SHARE-NII>                                 (0.02)
<PER-SHARE-GAIN-APPREC>                           0.28
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.26
<EXPENSE-RATIO>                                   1.12
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0



</TABLE>


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