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<PAGE> PAGE 2
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014 B000001 8-00733537
014 A000002 DEAN WITTER REYNOLDS, INC.
014 B000002 8-00728181
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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SIGNATURE NICK DALMASO
TITLE ATTORNEY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
<F1> This item relates to the Fund on a composite
basis and not on a class basis
</LEGEND>
<SERIES>
<NUMBER> 11
<NAME> LTD MAT GOVT A
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 45,437,374 <F1>
<INVESTMENTS-AT-VALUE> 45,843,507 <F1>
<RECEIVABLES> 687,396 <F1>
<ASSETS-OTHER> 0 <F1>
<OTHER-ITEMS-ASSETS> 62,509 <F1>
<TOTAL-ASSETS> 46,593,412 <F1>
<PAYABLE-FOR-SECURITIES> 287,835 <F1>
<SENIOR-LONG-TERM-DEBT> 0 <F1>
<OTHER-ITEMS-LIABILITIES> 320,122 <F1>
<TOTAL-LIABILITIES> 607,957 <F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 41,716,010
<SHARES-COMMON-STOCK> 2,574,529
<SHARES-COMMON-PRIOR> 3,229,486
<ACCUMULATED-NII-CURRENT> (83,169)<F1>
<OVERDISTRIBUTION-NII> 0 <F1>
<ACCUMULATED-NET-GAINS> (9,195,950)<F1>
<OVERDISTRIBUTION-GAINS> 0 <F1>
<ACCUM-APPREC-OR-DEPREC> 425,542 <F1>
<NET-ASSETS> 31,309,595
<DIVIDEND-INCOME> 0 <F1>
<INTEREST-INCOME> 1,581,490 <F1>
<OTHER-INCOME> 0 <F1>
<EXPENSES-NET> (426,574)<F1>
<NET-INVESTMENT-INCOME> 1,154,916 <F1>
<REALIZED-GAINS-CURRENT> 73,410 <F1>
<APPREC-INCREASE-CURRENT> (28,217)<F1>
<NET-CHANGE-FROM-OPS> 1,200,109 <F1>
<EQUALIZATION> 0 <F1>
<DISTRIBUTIONS-OF-INCOME> (846,127)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 606,554
<NUMBER-OF-SHARES-REDEEMED> (1,305,066)
<SHARES-REINVESTED> 43,555
<NET-CHANGE-IN-ASSETS> (8,061,625)
<ACCUMULATED-NII-PRIOR> 20,201 <F1>
<ACCUMULATED-GAINS-PRIOR> (9,269,360)<F1>
<OVERDISTRIB-NII-PRIOR> 0 <F1>
<OVERDIST-NET-GAINS-PRIOR> 0 <F1>
<GROSS-ADVISORY-FEES> 121,758 <F1>
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<GROSS-EXPENSE> 426,574 <F1>
<AVERAGE-NET-ASSETS> 31,190,643
<PER-SHARE-NAV-BEGIN> 12.191
<PER-SHARE-NII> 0.304
<PER-SHARE-GAIN-APPREC> (0.004)
<PER-SHARE-DIVIDEND> (0.330)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 12.161
<EXPENSE-RATIO> 1.48
<AVG-DEBT-OUTSTANDING> 0 <F1>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
<F1> This item relates to the Fund on a composite
basis and not on a class basis
</LEGEND>
<SERIES>
<NUMBER> 12
<NAME> LTD MAT GOVT B
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> JUN-30-1998
<INVESTMENTS-AT-COST> 45,437,374 <F1>
<INVESTMENTS-AT-VALUE> 45,843,507 <F1>
<RECEIVABLES> 687,396 <F1>
<ASSETS-OTHER> 0 <F1>
<OTHER-ITEMS-ASSETS> 62,509 <F1>
<TOTAL-ASSETS> 46,593,412 <F1>
<PAYABLE-FOR-SECURITIES> 287,835 <F1>
<SENIOR-LONG-TERM-DEBT> 0 <F1>
<OTHER-ITEMS-LIABILITIES> 320,122 <F1>
<TOTAL-LIABILITIES> 607,957 <F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 10,884,642
<SHARES-COMMON-STOCK> 987,308
<SHARES-COMMON-PRIOR> 1,323,283
<ACCUMULATED-NII-CURRENT> (83,169)<F1>
<OVERDISTRIBUTION-NII> 0 <F1>
<ACCUMULATED-NET-GAINS> (9,195,950)<F1>
<OVERDISTRIBUTION-GAINS> 0 <F1>
<ACCUM-APPREC-OR-DEPREC> 425,542 <F1>
<NET-ASSETS> 12,039,019
<DIVIDEND-INCOME> 0 <F1>
<INTEREST-INCOME> 1,581,490 <F1>
<OTHER-INCOME> 0 <F1>
<EXPENSES-NET> (426,574)<F1>
<NET-INVESTMENT-INCOME> 1,154,916 <F1>
<REALIZED-GAINS-CURRENT> 73,410 <F1>
<APPREC-INCREASE-CURRENT> (28,217)<F1>
<NET-CHANGE-FROM-OPS> 1,200,109 <F1>
<EQUALIZATION> 0 <F1>
<DISTRIBUTIONS-OF-INCOME> (324,529)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 80,357
<NUMBER-OF-SHARES-REDEEMED> (431,140)
<SHARES-REINVESTED> 14,808
<NET-CHANGE-IN-ASSETS> (4,131,294)
<ACCUMULATED-NII-PRIOR> 20,201 <F1>
<ACCUMULATED-GAINS-PRIOR> (9,269,360)<F1>
<OVERDISTRIB-NII-PRIOR> 0 <F1>
<OVERDIST-NET-GAINS-PRIOR> 0 <F1>
<GROSS-ADVISORY-FEES> 121,758 <F1>
<INTEREST-EXPENSE> 0 <F1>
<GROSS-EXPENSE> 426,574 <F1>
<AVERAGE-NET-ASSETS> 14,059,755
<PER-SHARE-NAV-BEGIN> 12.220
<PER-SHARE-NII> 0.260
<PER-SHARE-GAIN-APPREC> (0.004)
<PER-SHARE-DIVIDEND> (0.282)
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 12.194
<EXPENSE-RATIO> 2.24
<AVG-DEBT-OUTSTANDING> 0 <F1>
<AVG-DEBT-PER-SHARE> 0 <F1>
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
<F1> This item relates to the Fund on a composite
basis and not on a class basis
</LEGEND>
<SERIES>
<NUMBER> 13
<NAME> LTD MAT GOVT C
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1998
<PERIOD-START> JAN-01-1998
<PERIOD-END> JUN-30-1998
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<ASSETS-OTHER> 0 <F1>
<OTHER-ITEMS-ASSETS> 62,509 <F1>
<TOTAL-ASSETS> 46,593,412 <F1>
<PAYABLE-FOR-SECURITIES> 287,835 <F1>
<SENIOR-LONG-TERM-DEBT> 0 <F1>
<OTHER-ITEMS-LIABILITIES> 320,122 <F1>
<TOTAL-LIABILITIES> 607,957 <F1>
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,238,380
<SHARES-COMMON-STOCK> 216,474
<SHARES-COMMON-PRIOR> 345,604
<ACCUMULATED-NII-CURRENT> (83,169)<F1>
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<ACCUM-APPREC-OR-DEPREC> 425,542 <F1>
<NET-ASSETS> 2,636,841
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<INTEREST-INCOME> 1,581,490 <F1>
<OTHER-INCOME> 0 <F1>
<EXPENSES-NET> (426,574)<F1>
<NET-INVESTMENT-INCOME> 1,154,916 <F1>
<REALIZED-GAINS-CURRENT> 73,410 <F1>
<APPREC-INCREASE-CURRENT> (28,217)<F1>
<NET-CHANGE-FROM-OPS> 1,200,109 <F1>
<EQUALIZATION> 0 <F1>
<DISTRIBUTIONS-OF-INCOME> (87,630)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 365,039
<NUMBER-OF-SHARES-REDEEMED> (498,569)
<SHARES-REINVESTED> 4,400
<NET-CHANGE-IN-ASSETS> (1,581,664)
<ACCUMULATED-NII-PRIOR> 20,201 <F1>
<ACCUMULATED-GAINS-PRIOR> (9,269,360)<F1>
<OVERDISTRIB-NII-PRIOR> 0 <F1>
<OVERDIST-NET-GAINS-PRIOR> 0 <F1>
<GROSS-ADVISORY-FEES> 121,758 <F1>
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<AVERAGE-NET-ASSETS> 3,775,780
<PER-SHARE-NAV-BEGIN> 12.206
<PER-SHARE-NII> 0.258
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<PER-SHARE-DIVIDEND> (0.282)
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<PER-SHARE-NAV-END> 12.181
<EXPENSE-RATIO> 2.24
<AVG-DEBT-OUTSTANDING> 0 <F1>
<AVG-DEBT-PER-SHARE> 0 <F1>
</TABLE>
