<PAGE> PAGE 1
000 B000000 12/31/94
000 C000000 0000806591
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 PAINEWEBBER SERIES TRUST
001 B000000 811-4919
001 C000000 2127131074
002 A000000 1285 AVENUE OF THE AMERICAS
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10019
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 10
007 C010100 1
007 C020100 MONEY MARKET PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 GROWTH PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 GLOBAL GROWTH PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 GLOBAL INCOME PORTFOLIO
007 C030400 N
007 C010500 5
007 C020500 GOVERNMENT PORTFOLIO
007 C030500 N
007 C010600 6
007 C020600 ASSET ALLOCATION PORTFOLIO
007 C030600 N
007 C010700 7
007 C020700 DIVIDEND GROWTH PORTFOLIO
007 C030700 N
007 C010800 8
007 C020800 AGGRESSIVE GROWTH PORTFOLIO
007 C030800 N
007 C010900 9
007 C020900 BALANCED PORTFOLIO
007 C030900 N
007 C011000 10
007 C021000 FIXED INCOME PORTFOLIO
<PAGE> PAGE 2
007 C031000 N
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
010 A00AA01 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
010 B00AA01 811-4919
010 C01AA01 NEW YORK
010 C02AA01 NY
010 C03AA01 10019
011 A00AA01 PAINEWEBBER INC.
011 B00AA01 8-16267
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10019
<PAGE> PAGE 3
012 A00AA01 PFPC INC.
012 B00AA01 84-00000
012 C01AA01 WILMINGTON
012 C02AA01 DE
012 C03AA01 19809
013 A00AA01 ERNST & YOUNG
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10019
014 A00AA01 PAINEWEBBER INC.
014 B00AA01 8-16267
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 53
019 C00AA00 PAINEWEBBE
020 A000001 MERRILL LYNCH
020 B000001 13-5674085
020 C000001 48
020 A000002 BARING SECURITIES
020 B000002 04-2455153
020 C000002 46
020 A000003 DILLON READ
020 B000003 13-1939216
020 C000003 29
020 A000004 BEAR STEARNS
020 B000004 13-4946705
020 C000004 28
020 A000005 TIERDERMANN INTERNATIONAL RESEARCH
020 B000005 13-3506065
020 C000005 22
020 A000006 JEFFRIES & CO
020 C000006 16
020 A000007 GOLDMAN SACHS
020 B000007 13-5108880
020 C000007 15
020 A000008 ONEILL WILLIAM & CO
020 C000008 13
020 A000009 ALFRED BERG
020 B000009 22-2465821
020 C000009 13
020 A000010 SMITH BARNEY
020 B000010 13-1912900
020 C000010 13
021 000000 600
022 A000001 STATE STREET BANK & TRUST CO.
022 B000001 04-1867445
022 C000001 756444
022 D000001 1658
022 A000002 BROWN BROTHERS HARRIMAN
022 B000002 04-2595129
022 C000002 297343
<PAGE> PAGE 4
022 D000002 61756
022 A000003 GOLDMAN SACHS
022 B000003 13-5108880
022 C000003 239491
022 D000003 27838
022 A000004 MORGAN (J.P.) SECURITIES INC.
022 B000004 13-3224016
022 C000004 112726
022 D000004 50789
022 A000005 SMITH BARNEY
022 B000005 13-1912900
022 C000005 150053
022 D000005 13281
022 A000006 G.X. CLARKE
022 B000006 13-2969143
022 C000006 107152
022 D000006 52387
022 A000007 MERRILL LYNCH
022 B000007 13-5674085
022 C000007 71188
022 D000007 22273
022 A000008 MORGAN STANLEY & CO., INC.
022 B000008 13-2655998
022 C000008 38392
022 D000008 6927
022 A000009 SWISS BANK CORP.
022 B000009 13-2639550
022 C000009 14667
022 D000009 16490
022 A000010 SALOMON BROTHERS
022 B000010 13-3082694
022 C000010 9319
022 D000010 11451
023 C000000 2070886
023 D000000 449349
024 00AA00 N
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
<PAGE> PAGE 5
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 N
041 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
055 A00AA00 N
055 B00AA00 N
056 00AA00 N
057 00AA00 N
058 A00AA00 Y
058 B00AA00 Y
058 C00AA00 N
058 D00AA00 N
058 E00AA00 N
059 00AA00 Y
<PAGE> PAGE 6
060 A00AA00 N
060 B00AA00 N
061 00AA00 0
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 Y
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 ICI MUTUAL INSURANCE
080 C00AA00 40000
081 A00AA00 Y
081 B00AA00 52
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
008 A000101 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
008 B000101 A
008 C000101 801-13219
008 D010101 NEW YORK
<PAGE> PAGE 7
008 D020101 NY
008 D030101 10019
015 A000101 STATE STREET BANK AND TRUST CO.
015 B000101 C
015 C010101 BOSTON
015 C020101 MA
015 C030101 02171
015 E010101 X
028 A010100 1429
028 A020100 59
028 A030100 0
028 A040100 2325
028 B010100 4149
028 B020100 65
028 B030100 0
028 B040100 4344
028 C010100 2910
028 C020100 63
028 C030100 0
028 C040100 1348
028 D010100 3345
028 D020100 71
028 D030100 0
028 D040100 1466
028 E010100 3971
028 E020100 89
028 E030100 0
028 E040100 1206
028 F010100 653
028 F020100 19
028 F030100 0
028 F040100 3518
028 G010100 16457
028 G020100 366
028 G030100 0
028 G040100 14207
028 H000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.500
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
<PAGE> PAGE 8
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
062 A000100 Y
062 B000100 3.9
062 C000100 7.8
062 D000100 0.0
062 E000100 0.0
062 F000100 4.0
062 G000100 0.0
062 H000100 2.8
062 I000100 77.6
062 J000100 0.0
062 K000100 0.0
062 L000100 4.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 38
063 B000100 0.0
064 A000100 N
064 B000100 N
066 A000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
<PAGE> PAGE 9
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 Y
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 Y
070 Q020100 N
070 R010100 Y
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 12
072 B000100 916
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 103
072 G000100 0
072 H000100 0
072 I000100 2
072 J000100 29
072 K000100 0
072 L000100 11
072 M000100 3
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 17
072 S000100 14
072 T000100 0
072 U000100 0
072 V000100 0
072 W000100 3
<PAGE> PAGE 10
072 X000100 182
072 Y000100 0
072 Z000100 734
072AA000100 0
072BB000100 15
072CC010100 0
072CC020100 0
072DD010100 734
072DD020100 0
072EE000100 0
073 A010100 0.0343
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 1
074 B000100 0
074 C000100 25089
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 134
074 M000100 1
074 N000100 25225
074 O000100 0
074 P000100 12
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 171
074 S000100 0
074 T000100 25042
074 U010100 25057
074 U020100 0
074 V010100 1.00
074 V020100 0.00
074 W000100 1.0000
074 X000100 0
074 Y000100 0
075 A000100 20648
075 B000100 0
076 000100 0.00
008 A000201 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
008 B000201 A
008 C000201 801-13219
008 D010201 NY
<PAGE> PAGE 11
008 D020201 NY
008 D030201 10019
015 A000201 STATE STREET BANK AND TRUST CO.
015 B000201 C
015 C010201 BOSTON
015 C020201 MA
015 C030201 02171
015 E010201 X
028 A020200 0
028 A030200 0
028 A040200 1203
028 B010200 1163
028 B020200 0
028 B030200 0
028 B040200 1032
028 C010200 857
028 C020200 0
028 C030200 0
028 C040200 3129
028 D010200 1527
028 D020200 0
028 D030200 0
028 D040200 1077
028 E010200 1478
028 E020200 0
028 E030200 0
028 E040200 2552
028 F010200 929
028 F020200 0
028 F030200 0
028 F040200 1570
028 G010200 7423
028 G020200 0
028 G030200 0
028 G040200 10563
028 H000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.750
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
<PAGE> PAGE 12
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 0.0
066 A000200 Y
066 B000200 N
066 C000200 N
066 D000200 Y
066 E000200 N
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
<PAGE> PAGE 13
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 Y
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 Y
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200 12248
071 B000200 20647
071 C000200 44789
071 D000200 27
072 A000200 12
072 B000200 156
072 C000200 336
072 D000200 0
072 E000200 0
072 F000200 356
072 G000200 0
072 H000200 0
072 I000200 2
072 J000200 42
072 K000200 0
072 L000200 26
072 M000200 3
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 19
072 S000200 22
072 T000200 0
<PAGE> PAGE 14
072 U000200 0
072 V000200 0
072 W000200 3
072 X000200 473
072 Y000200 0
072 Z000200 19
072AA000200 2975
072BB000200 0
072CC010200 9049
072CC020200 0
072DD010200 18
072DD020200 0
072EE000200 2355
073 A010200 0.0083
073 A020200 0.0000
073 B000200 1.3749
073 C000200 0.0000
074 A000200 1
074 B000200 685
074 C000200 3484
074 D000200 390
074 E000200 69
074 F000200 37381
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 304
074 M000200 3
074 N000200 42317
074 O000200 0
074 P000200 27
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 3155
074 S000200 0
074 T000200 39135
074 U010200 2688
074 U020200 0
074 V010200 14.56
074 V020200 0.00
074 W000200 0.0000
074 X000200 0
074 Y000200 0
075 A000200 0
075 B000200 49591
076 000200 0.00
008 A000301 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
<PAGE> PAGE 15
008 B000301 A
008 C000301 801-13219
008 D010301 NY
008 D020301 NY
008 D030301 10019
015 A000301 BROWN BROTHERS HARRIMAN & CO.
015 B000301 C
015 C010301 BOSTON
015 C020301 MA
015 C030301 02109
015 E020301 X
015 A000302 CITIBANK N.A.
015 B000302 S
015 C010302 BUENOS AIRES
015 D010302 ARGENTINA
015 D020302 1036
015 E040302 X
015 A000303 NATIONAL AUSTRALIA BANK LTD
015 B000303 S
015 C010303 MELBOURNE
015 D010303 AUSTRALIA
015 D020303 3000
015 E040303 X
015 A000304 CREDITANSTALT BANKVEREIN
015 B000304 S
015 C010304 VIENNA
015 D010304 AUSTRIA
015 D020304 A-1090
015 E040304 X
015 A000305 STANDARD CHARTERED BANK
015 B000305 S
015 C010305 DHAKA
015 D010305 BANGLADESH
015 D020305 1000
015 E040305 X
015 A000306 MORGAN GUARANTY TRUST CO. OF NEW YORK
015 B000306 S
015 C010306 BRUSSELS
015 D010306 BELGIUM
015 D020306 B-1040
015 E040306 X
015 A000307 BANK OF BOSTON
015 B000307 S
015 C010307 SAO PAULO
015 D010307 BRAZIL
015 D020307 01009
015 E040307 X
015 A000308 CANADIAN IMPERIAL BANK OF COMMERCE
015 B000308 S
015 C010308 TORONTO
015 D010308 CANADA
<PAGE> PAGE 16
015 D020308 M51 1A2
015 E040308 X
015 A000309 CITIBANK,N.A.
015 B000309 S
015 C010309 SANTIAGO
015 D010309 CHILE
015 E040309 X
015 A000310 STANDARD CHARTERED BANK
015 B000310 S
015 C010310 SHANGHAI
015 D010310 CHINA
015 D020310 2000085
015 E040310 X
015 A000311 CITITRUST COLOMBIA S.A. SOCIEDAD FIDUCIARIA
015 B000311 S
015 C010311 BOGATA
015 D010311 COLOMBIA
015 E040311 X
015 A000312 DEN DANSKE BANK
015 B000312 S
015 C010312 COPENHAGEN
015 D010312 DENMARK
015 D020312 DK-1092
015 E040312 X
015 A000313 UNION BANK OF FINLAND
015 B000313 S
015 C010313 HELSINKI
015 D010313 FINLAND
015 D020313 SF-00101
015 E040313 X
015 A000314 MORGAN GUARANTY TRUST COMPANY OF NY
015 B000314 S
015 C010314 PARIS
015 D010314 FRANCE
015 D020314 75001
015 E040314 X
015 A000315 JP MORGAN GMBH
015 B000315 S
015 C010315 FRANKFURT
015 D010315 GERMANY
015 D020315 D-6000
015 E040315 X
015 A000316 CITIBANK, N.A.
015 B000316 S
015 C010316 ATHENS
015 D010316 GREECE
015 D020316 GR-10557
015 E040316 X
015 A000317 CHASE MANHATTAN BANK
015 B000317 S
015 C010317 HONG KONG
<PAGE> PAGE 17
015 D010317 HONG KONG
015 E040317 X
015 A000318 CITIBANK, N.A.
015 B000318 S
015 C010318 BUDAPEST
015 D010318 HUNGARY
015 D020318 H-1052
015 E040318 X
015 A000319 CITIBANK, N.A.
015 B000319 S
015 C010319 BOMBAY
015 D010319 INDIA
015 D020319 400-018
015 E040319 X
015 A000320 CITIBANK, N.A.
015 B000320 S
015 C010320 JAKARTA
015 D010320 INDONESIA
015 D020320 12910
015 E040320 X
015 A000321 ALLIED IRISH BANKS PLC
015 B000321 S
015 C010321 DUBLIN
015 D010321 IRELAND
015 E040321 X
015 A000322 BANK HAPOALIM, B.M.
015 B000322 S
015 C010322 TEL AVIV
015 D010322 ISRAEL
015 E040322 X
015 A000323 BANCA COMMERCIALE ITALIANA
015 B000323 S
015 C010323 MILAN
015 D010323 ITALY
015 D020323 20121
015 E040323 X
015 A000324 SUMITOMO TRUST & BANKING COMPANY, LTD.
015 B000324 S
015 C010324 TOKYO
015 D010324 JAPAN
015 D020324 100
015 E040324 X
015 A000325 CITIBANK, N.A.
015 B000325 S
015 C010325 SEOUL
015 D010325 KOREA
015 D020325 110
015 E040325 X
015 A000326 HONGKONG BANK MALAYSIA BERHAD
015 B000326 S
015 C010326 BERHAD
<PAGE> PAGE 18
015 D010326 MALAYSIA
015 E040326 X
015 A000327 CITIBANK, N.A.
015 B000327 S
015 C010327 MEXICO CITY
015 D010327 MEXICO
015 D020327 06695
015 E040327 X
015 A000328 ABN-AMRO BANK
015 B000328 S
015 C010328 BREDA
015 D010328 NETHERLANDS
015 E040328 X
015 A000329 NATIONAL AUSTRALIA BANK LTD.
015 B000329 S
015 C010329 AUCKLAND
015 D010329 NEW ZEALAND
015 D020329 1036
015 E040329 X
015 A000330 DEN NORSKE BANK
015 B000330 S
015 C010330 NORWAY
015 D010330 NORWAY
015 E040330 X
015 A000331 STANDARD CHARTERED BANK, LTD.
015 B000331 S
015 C010331 KARACHI
015 D010331 PAKISTAN
015 E040331 X
015 A000332 CITIBANK, N.A.
015 B000332 S
015 C010332 LIMA
015 D010332 PERU
015 D020332 27
015 E040332 X
015 A000333 CITIBANK, N.A.
015 B000333 S
015 C010333 MANILA
015 D010333 PHILIPPINES
015 E040333 X
015 A000334 CITIBANK POLAND, S.A.
015 B000334 S
015 C010334 WARSAW
015 D010334 POLAND
015 D020334 00-082
015 E040334 X
015 A000335 BANQUE MAROCAINE DU COMMERCE EXTERIEUR
015 B000335 S
015 C010335 MOROCCO
015 D010335 MOROCCO
015 E040335 X
<PAGE> PAGE 19
015 A000336 BARCLAYS BANK PLC
015 B000336 S
015 C010336 KENYA
015 D010336 KENYA
015 E040336 X
015 A000337 BARCLAYS BANK PLC
015 B000337 S
015 C010337 GHANA
015 D010337 GHANA
015 E040337 X
015 A000338 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000338 S
015 C010338 CZECH REPUBLIC
015 D010338 CZECH REPUBLIC
015 E040338 X
015 A000339 STANDARD CHARTERED BANK
015 B000339 S
015 C010339 SHENZHEN
015 D010339 CHINA
015 E040339 X
015 A000340 BARCLAYS BANK PLC
015 B000340 S
015 C010340 BOTSWANA
015 D010340 BOTSWANA
015 E040340 X
015 A000341 SWISS BANK CORPORATION
015 B000341 S
015 C010341 BASELH
015 D010341 SWITZERLAND
015 D020341 CH-4002
015 E040341 X
015 A000342 STANDARD CHARTERED BANK
015 B000342 S
015 C010342 TAIPEI
015 D010342 TAIWAN
015 E040342 X
015 A000343 HONGKONG & SHANGHAI BANKING CORP.
015 B000343 S
015 C010343 BANGKOK
015 D010343 THAILAND
015 D020343 10500
015 E040343 X
015 A000344 CITIBANK, N.A.
015 B000344 S
015 C010344 ISTANBUL
015 D010344 TURKEY
015 D020344 80200
015 E040344 X
015 A000345 MORGAN GUARANTY TRUST COMPANY OF NEW YORK
015 B000345 S
015 C010345 LONDON
<PAGE> PAGE 20
015 D010345 UNITED KINGDOM
015 D020345 EC4YOJT
015 E040345 X
015 A000346 CITIBANK, N.A.
015 B000346 S
015 C010346 MONTEVIDEO
015 D010346 URUGUAY
015 E040346 X
015 A000347 CITIBANK, N.A.
015 B000347 S
015 C010347 CARACAS
015 D010347 VENEZUELA
015 D020347 1010
015 E040347 X
015 A000348 BARCLAYS BANK PLC
015 B000348 S
015 C010348 ZAMBIA
015 D010348 ZAMBIA
015 E040348 X
015 A000349 BARCLAYS BANK PLC
015 B000349 S
015 C010349 ZIMBABWE
015 D010349 ZIMBABWE
015 E040349 X
015 A000350 BANCO ESPIRITO SANTO E COMERCIAL DE LISBOA
015 B000350 S
015 C010350 LISBON
015 D010350 PORTUGAL
015 D020350 1200
015 E040350 X
015 A000351 HONG KONG & SHANGHAI BANKING CORP.
015 B000351 S
015 C010351 SINGAPORE
015 D010351 SINGAPORE
015 D020351 0104
015 E040351 X
015 A000352 FIRST NATIONAL BANK OF SOUTHERN AFRICA
015 B000352 S
015 C010352 JOHANNESBURG
015 D010352 SOUTH AFRICA
015 D020352 2001
015 E040352 X
015 A000353 BANCO SANTANDER
015 B000353 S
015 C010353 MADRID
015 D010353 SPAIN
015 D020353 28022
015 E040353 X
015 A000354 HONG KONG & SHANGHAI BANKING CORP.
015 B000354 S
015 C010354 COLOMBO
<PAGE> PAGE 21
015 D010354 SRI LANKA
015 D020354 1
015 E040354 X
015 A000355 BARCLAYS BANK PLC
015 B000355 S
015 C010355 SWAZILAND
015 D010355 SWAZILAND
015 E040355 X
015 A000356 SKANDINAVISKA ENSKILDA BANKEN
015 B000356 S
015 C010356 STOCKHOLM
015 D010356 SWEDEN
015 D020356 S-106 40
015 E040356 X
028 A010300 1468
028 A020300 0
028 A030300 0
028 A040300 960
028 B010300 1303
028 B020300 0
028 B030300 0
028 B040300 1293
028 C010300 842
028 C020300 0
028 C030300 0
028 C040300 1077
028 D010300 814
028 D020300 0
028 D030300 0
028 D040300 913
028 E010300 613
028 E020300 0
028 E030300 0
028 E040300 1556
028 F010300 731
028 F020300 0
028 F030300 0
028 F040300 837
028 G010300 5771
028 G020300 0
028 G030300 0
028 G040300 6636
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.750
048 A010300 0
048 A020300 0.000
048 B010300 0
048 B020300 0.000
<PAGE> PAGE 22
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 0.0
066 A000300 Y
066 B000300 N
066 C000300 N
066 D000300 Y
066 E000300 N
066 F000300 N
066 G000300 N
067 000300 N
068 A000300 N
068 B000300 Y
069 000300 N
070 A010300 Y
070 A020300 Y
<PAGE> PAGE 23
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 Y
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 Y
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300 80957
071 B000300 73292
071 C000300 41801
071 D000300 175
072 A000300 12
072 B000300 69
072 C000300 533
072 D000300 0
072 E000300 0
072 F000300 333
072 G000300 0
072 H000300 0
072 I000300 2
072 J000300 205
072 K000300 0
072 L000300 43
072 M000300 3
<PAGE> PAGE 24
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 27
072 S000300 29
072 T000300 0
072 U000300 0
072 V000300 0
072 W000300 16
072 X000300 658
072 Y000300 0
072 Z000300 -56
072AA000300 1682
072BB000300 0
072CC010300 0
072CC020300 7427
072DD010300 18
072DD020300 0
072EE000300 2355
073 A010300 0.0056
073 A020300 0.0000
073 B000300 0.7284
073 C000300 0.0000
074 A000300 198
074 B000300 1255
074 C000300 2490
074 D000300 0
074 E000300 5307
074 F000300 34536
074 G000300 0
074 H000300 0
074 I000300 30
074 J000300 943
074 K000300 0
074 L000300 306
074 M000300 3
074 N000300 45068
074 O000300 1526
074 P000300 27
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 3022
074 S000300 0
074 T000300 40493
074 U010300 3254
074 U020300 0
074 V010300 12.44
074 V020300 0.00
<PAGE> PAGE 25
074 W000300 0.0000
074 X000300 0
074 Y000300 0
075 A000300 0
075 B000300 44350
076 000300 0.00
008 A000401 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
008 B000401 A
008 C000401 801-13219
008 D010401 NY
008 D020401 NY
008 D030401 10019
015 A000401 BROWN BROTHERS HARRIMAN & CO
015 B000401 C
015 C010401 BOSTON
015 C020401 MA
015 C030401 02109
015 E020401 X
015 A000402 CITIBANK, N.A.
015 B000402 S
015 C010402 BUENOS AIRES
015 D010402 ARGENTINA
015 D020402 1036
015 E040402 X
015 A000403 NATIONAL AUSTRALIA BANK
015 B000403 S
015 C010403 MELBOURNE
015 D010403 AUSTRALIA
015 D020403 3000
015 E040403 X
015 A000404 CREDITANSTALT BANKVEREIN
015 B000404 S
015 C010404 VIENNA
015 D010404 AUSTRIA
015 D020404 A-1090
015 E040404 X
015 A000405 STANDARD CHARTERED BANK
015 B000405 S
015 C010405 DHAKA
015 D010405 BANGLADESH
015 D020405 1000
015 E040405 X
015 A000406 MORGAN GUARANTY TRUST CO. OF NEW YORK
015 B000406 S
015 C010406 BRUSSELS
015 D010406 BELGIUM
015 D020406 B-1040
015 E040406 X
015 A000407 BANK OF BOSTON
015 B000407 S
015 C010407 SAO PAULO
<PAGE> PAGE 26
015 D010407 BRAZIL
015 D020407 01009
015 E040407 X
015 A000408 CANADIAN IMPERIAL BANK OF COMMERCE
015 B000408 S
015 C010408 TORONTO
015 D010408 CANADA
015 D020408 M51 1A2
015 E040408 X
015 A000409 CITIBANK, N.A.
015 B000409 S
015 C010409 SANTIAGO
015 D010409 CHILE
015 E040409 X
015 A000410 STANDARD CHARTERED BANK
015 B000410 S
015 C010410 SHANGHAI
015 D010410 CHINA
015 D020410 2000085
015 E040410 X
015 A000411 CITITRUST COLOMBIA S.A.
015 B000411 S
015 C010411 BOGATA
015 D010411 COLOMBIA
015 E040411 X
015 A000412 DEN DANSKE BANK
015 B000412 S
015 C010412 COPENHAGEN
015 D010412 DENMARK
015 D020412 DK-1092
015 E040412 X
015 A000413 UNION BANK OF FINLAND
015 B000413 S
015 C010413 HELSINKI
015 D010413 FINLAND
015 D020413 SF-00101
015 E040413 X
015 A000414 MORGAN GUARANTY TRUST COMPANY OF NY
015 B000414 S
015 C010414 PARIS
015 D010414 FRANCE
015 D020414 75001
015 E040414 X
015 A000415 MORGAN GUARANTY TRUST COMPANY OF NEW YORK
015 B000415 S
015 C010415 FRANKFURT
015 D010415 GERMANY
015 D020415 D-6000
015 E040415 X
015 A000416 CITIBANK, N.A.
015 B000416 S
<PAGE> PAGE 27
015 C010416 ATHENS
015 D010416 GREECE
015 D020416 GR-10557
015 E040416 X
015 A000417 CHASE MANHATTAN BANK
015 B000417 S
015 C010417 HONG KONG
015 D010417 HONG KONG
015 E040417 X
015 A000418 CITIBANK, N.A.
015 B000418 S
015 C010418 BUDAPEST
015 D010418 HUNGARY
015 D020418 H-1052
015 E040418 X
015 A000419 CITIBANK, N.A.
015 B000419 S
015 C010419 BOMBAY
015 D010419 INDIA
015 D020419 400-018
015 E040419 X
015 A000420 CITIBANK, N.A.
015 B000420 S
015 C010420 JAKARTA
015 D010420 INDONESIA
015 D020420 12910
015 E040420 X
015 A000421 ALLIED IRISH BANKS PLC
015 B000421 S
015 C010421 DUBLIN
015 D010421 IRELAND
015 D020421 1
015 E040421 X
015 A000422 BANK HAPOALIM, B.M.
015 B000422 S
015 C010422 TEL AVIV
015 D010422 ISRAEL
015 E040422 X
015 A000423 BANCA COMMERCIALE ITALIANA
015 B000423 S
015 C010423 MILAN
015 D010423 ITALY
015 D020423 20121
015 E040423 X
015 A000424 THE SUMITOMO TRUST & BANKING CO., LTD.
015 B000424 S
015 C010424 TOKYO
015 D010424 JAPAN
015 D020424 100
015 E040424 X
015 A000425 CITIBANK, N.A.
<PAGE> PAGE 28
015 B000425 S
015 C010425 SEOUL
015 D010425 SOUTH KOREA
015 D020425 110
015 E040425 X
015 A000426 HONG KONG BANK MALAYSIA BERHAD
015 B000426 S
015 C010426 BERHAD
015 D010426 MALAYSIA
015 E040426 X
015 A000427 CITIBANK, N.A.
015 B000427 S
015 C010427 MEXICO CITY
015 D010427 MEXICO
015 D020427 06695
015 E040427 X
015 A000428 ABN AMRO BANK
015 B000428 S
015 C010428 BREDA
015 D010428 NETHERLANDS
015 E040428 X
015 A000429 NATIONAL AUSTRALIA BANK LTD.
015 B000429 S
015 C010429 AUCKLAND
015 D010429 NEW ZEALAND
015 D020429 1036
015 E040429 X
015 A000430 DEN NORSKE BANK
015 B000430 S
015 C010430 NORWAY
015 D010430 NORWAY
015 E040430 X
015 A000431 STANDARD CHARTERED BANK, LTD.
015 B000431 S
015 C010431 KARACHI
015 D010431 PAKISTAN
015 D020431 2
015 E040431 X
015 A000432 CITIBANK, N.A.
015 B000432 S
015 C010432 LIMA
015 D010432 PERU
015 D020432 27
015 E040432 X
015 A000433 CITIBANK, N.A.
015 B000433 S
015 C010433 MANILA
015 D010433 PHILIPPINES
015 E040433 X
015 A000434 BANK POLSKA KASA OPIEKI S.A.
015 B000434 S
<PAGE> PAGE 29
015 C010434 WARSAW
015 D010434 POLAND
015 D020434 00-920
015 E040434 X
015 A000435 BANCO ESPIRITO SANTO E COMERICAL DE LISBOA
015 B000435 S
015 C010435 LISBON
015 D010435 PORTUGAL
015 D020435 1200
015 E040435 X
015 A000436 HONGKONG & SHANGHAI BANKING CORP.
015 B000436 S
015 C010436 SINGAPORE
015 D010436 SINGAPORE
015 D020436 0104
015 E040436 X
015 A000437 FIRST NATIONAL BANK OF SOUTHERN AFRICA LTD
015 B000437 S
015 C010437 JOHANNESBURG
015 D010437 SOUTH AFRICA
015 D020437 2001
015 E040437 X
015 A000438 BANCO SANTANDER
015 B000438 S
015 C010438 MADRID
015 D010438 SPAIN
015 D020438 28022
015 E040438 X
015 A000439 HONGKONG & SHANGHAI BANKING CORP.
015 B000439 S
015 C010439 COLOMBO
015 D010439 SRI LANKA
015 E040439 X
015 A000440 SKANDINAVISKA ENSKILDA BANKEN
015 B000440 S
015 C010440 STOCKHOLM
015 D010440 SWEDEN
015 D020440 S-106 40
015 E040440 X
015 A000441 SWISS BANK CORPORATION
015 B000441 S
015 C010441 BASEL
015 D010441 SWITZERLAND
015 D020441 CH-4002
015 E040441 X
015 A000442 STANDARD CHARTERED BANK PLC
015 B000442 S
015 C010442 TAIPEI
015 D010442 TAIWAN
015 E040442 X
015 A000443 HONGKONG & SHANGHAI BANKING CORP.
<PAGE> PAGE 30
015 B000443 S
015 C010443 BANGKOK
015 D010443 THAILAND
015 D020443 10500
015 E040443 X
015 A000444 CITIBANK, N.A.
015 B000444 S
015 C010444 ISTANBUL
015 D010444 TURKEY
015 E040444 X
015 A000445 MORGAN GUARANTY TRUST CO. OF NY
015 B000445 S
015 C010445 LONDON
015 D010445 UNITED KINGDOM
015 D020445 EC4YOJT
015 E040445 X
015 A000446 CITIBANK, N.A.
015 B000446 S
015 C010446 MONTEVIDEO
015 D010446 URUGUAY
015 E040446 X
015 A000447 CITIBANK, N.A.
015 B000447 S
015 C010447 CARACAS
015 D010447 VENEZUELA
015 D020447 1010
015 E040447 X
015 A000448 STANDARD CHARTERED BANK
015 B000448 S
015 C010448 SHENZHEN
015 D010448 CHINA
015 D020448 518014
015 E040448 X
015 A000449 BARCLAYS BANK PLC
015 B000449 S
015 C010449 BOTSWANA
015 D010449 BOTSWANA
015 E040449 X
015 A000450 BARCLAYS BANK PLC
015 B000450 S
015 C010450 GHANA
015 D010450 GHANA
015 E040450 X
015 A000451 CESKOSLOVENSKA OBCHODNI BANKA, A.S.
015 B000451 S
015 C010451 PRAHA
015 D010451 CZECH REPUBLIC
015 E040451 X
015 A000452 BARCLAYS BANK PLC
015 B000452 S
015 C010452 KENYA
<PAGE> PAGE 31
015 D010452 KENYA
015 E040452 X
015 A000453 BANQUE MAR OCAINE DU COMMERCE EXTERIEUR
015 B000453 S
015 C010453 MOROCCO
015 D010453 MOROCCO
015 E040453 X
015 A000454 BARCLAYS BANK PLC
015 B000454 S
015 C010454 SWAZILAND
015 D010454 SWAZILAND
015 E040454 X
015 A000455 BARCLAYS BANK PLC
015 B000455 S
015 C010455 ZAMBIA
015 D010455 ZAMBIA
015 E040455 X
015 A000456 BARCLAYS BANK PLC
015 B000456 S
015 C010456 ZIMBABWE
015 D010456 ZIMBABWE
015 E040456 X
028 A010400 802
028 A020400 0
028 A030400 0
028 A040400 2408
028 B010400 540
028 B020400 0
028 B030400 0
028 B040400 2891
028 C010400 401
028 C020400 0
028 C030400 0
028 C040400 2019
028 D010400 312
028 D020400 0
028 D030400 0
028 D040400 2139
028 E010400 203
028 E020400 0
028 E030400 0
028 E040400 1861
028 F010400 290
028 F020400 0
028 F030400 0
028 F040400 1648
028 G010400 2548
028 G020400 0
028 G030400 0
028 G040400 12966
028 H000400 0
<PAGE> PAGE 32
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.750
048 A010400 0
048 A020400 0.000
048 B010400 0
048 B020400 0.000
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
062 A000400 Y
062 B000400 12.2
062 C000400 0.0
062 D000400 0.8
062 E000400 0.0
062 F000400 0.0
062 G000400 1.9
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 1.5
062 M000400 11.8
062 N000400 0.0
062 O000400 0.0
062 P000400 10.5
062 Q000400 58.1
062 R000400 0.0
063 A000400 0
063 B000400 4.9
064 A000400 N
064 B000400 N
066 A000400 N
067 000400 N
068 A000400 N
<PAGE> PAGE 33
068 B000400 Y
069 000400 N
070 A010400 Y
070 A020400 Y
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 Y
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 Y
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 Y
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 Y
070 Q020400 N
070 R010400 Y
070 R020400 N
071 A000400 48252
071 B000400 54118
071 C000400 49514
071 D000400 97
072 A000400 12
072 B000400 5313
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 474
072 G000400 0
072 H000400 0
072 I000400 2
<PAGE> PAGE 34
072 J000400 160
072 K000400 0
072 L000400 44
072 M000400 3
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 14
072 S000400 25
072 T000400 0
072 U000400 0
072 V000400 0
072 W000400 17
072 X000400 739
072 Y000400 0
072 Z000400 4574
072AA000400 0
072BB000400 4322
072CC010400 0
072CC020400 4296
072DD010400 1030
072DD020400 0
072EE000400 0
073 A010400 0.2072
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 1386
074 B000400 430
074 C000400 7224
074 D000400 42329
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 994
074 J000400 1064
074 K000400 0
074 L000400 1755
074 M000400 550
074 N000400 55732
074 O000400 1668
074 P000400 35
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 1341
074 S000400 0
074 T000400 52688
<PAGE> PAGE 35
074 U010400 4843
074 U020400 0
074 V010400 10.88
074 V020400 0.00
074 W000400 0.0000
074 X000400 0
074 Y000400 0
075 A000400 0
075 B000400 63274
076 000400 0.00
008 A000501 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
008 B000501 A
008 C000501 801-13219
008 D010501 NY
008 D020501 NY
008 D030501 10019
015 A000501 STATE STREET BANK & TRUST CO.
015 B000501 C
015 C010501 BOSTON
015 C020501 MA
015 C030501 02109
015 E010501 X
028 A010500 461
028 A020500 0
028 A030500 0
028 A040500 901
028 B010500 2042
028 B020500 0
028 B030500 0
028 B040500 1153
028 C010500 494
028 C020500 0
028 C030500 0
028 C040500 1585
028 D010500 784
028 D020500 0
028 D030500 0
028 D040500 2230
028 E010500 660
028 E020500 0
028 E030500 0
028 E040500 595
028 F010500 258
028 F020500 0
028 F030500 0
028 F040500 428
028 G010500 4699
028 G020500 0
028 G030500 0
028 G040500 6892
028 H000500 0
<PAGE> PAGE 36
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.500
048 A010500 0
048 A020500 0.000
048 B010500 0
048 B020500 0.000
048 C010500 0
048 C020500 0.000
048 D010500 0
048 D020500 0.000
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 0
048 K020500 0.000
062 A000500 Y
062 B000500 8.8
062 C000500 2.4
062 D000500 3.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 5.8
062 N000500 61.3
062 O000500 0.0
062 P000500 0.0
062 Q000500 26.5
062 R000500 0.0
063 A000500 0
063 B000500 9.1
064 A000500 N
064 B000500 N
066 A000500 N
067 000500 N
068 A000500 N
<PAGE> PAGE 37
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 Y
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 N
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 Y
070 Q020500 N
070 R010500 Y
070 R020500 N
071 A000500 10751
071 B000500 15560
071 C000500 20011
071 D000500 54
072 A000500 12
072 B000500 1593
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 106
072 G000500 0
072 H000500 0
072 I000500 2
<PAGE> PAGE 38
072 J000500 30
072 K000500 0
072 L000500 12
072 M000500 3
072 N000500 0
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 18
072 S000500 11
072 T000500 0
072 U000500 4
072 V000500 0
072 W000500 2
072 X000500 188
072 Y000500 0
072 Z000500 1405
072AA000500 164
072BB000500 0
072CC010500 0
072CC020500 2805
072DD010500 1407
072DD020500 0
072EE000500 163
073 A010500 0.8521
073 A020500 0.0000
073 B000500 0.0988
073 C000500 0.0000
074 A000500 1
074 B000500 515
074 C000500 1893
074 D000500 15931
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 0
074 K000500 0
074 L000500 346
074 M000500 3
074 N000500 18689
074 O000500 0
074 P000500 8
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 1661
074 S000500 0
074 T000500 17020
<PAGE> PAGE 39
074 U010500 1646
074 U020500 0
074 V010500 10.34
074 V020500 0.00
074 W000500 0.0000
074 X000500 0
074 Y000500 0
075 A000500 0
075 B000500 21169
076 000500 0.00
008 A000601 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
008 B000601 A
008 C000601 801-13219
008 D010601 NY
008 D020601 NY
008 D030601 10019
015 A000601 STATE STREET BANK & TRUST CO.
015 B000601 C
015 C010601 BOSTON
015 C020601 MA
015 C030601 02109
015 E010601 X
028 A010600 327
028 A020600 0
028 A030600 0
028 A040600 713
028 B010600 930
028 B020600 0
028 B030600 0
028 B040600 1244
028 C010600 433
028 C020600 0
028 C030600 0
028 C040600 1217
028 D010600 176
028 D020600 0
028 D030600 0
028 D040600 1101
028 E010600 111
028 E020600 0
028 E030600 0
028 E040600 1011
028 F010600 221
028 F020600 0
028 F030600 0
028 F040600 1046
028 G010600 2198
028 G020600 0
028 G030600 0
028 G040600 6332
028 H000600 0
<PAGE> PAGE 40
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.750
048 A010600 0
048 A020600 0.000
048 B010600 0
048 B020600 0.000
048 C010600 0
048 C020600 0.000
048 D010600 0
048 D020600 0.000
048 E010600 0
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 0
048 K020600 0.000
062 A000600 N
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
063 A000600 0
063 B000600 0.0
066 A000600 Y
066 B000600 N
066 C000600 N
066 D000600 N
066 E000600 N
<PAGE> PAGE 41
066 F000600 N
066 G000600 Y
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 Y
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 Y
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 N
070 L020600 N
070 M010600 N
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 Y
070 Q020600 N
070 R010600 Y
070 R020600 N
071 A000600 32323
071 B000600 42095
071 C000600 28777
071 D000600 112
072 A000600 12
072 B000600 766
072 C000600 284
072 D000600 0
072 E000600 0
<PAGE> PAGE 42
072 F000600 236
072 G000600 0
072 H000600 0
072 I000600 2
072 J000600 32
072 K000600 0
072 L000600 18
072 M000600 3
072 N000600 0
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 18
072 S000600 15
072 T000600 0
072 U000600 0
072 V000600 0
072 W000600 2
072 X000600 326
072 Y000600 0
072 Z000600 724
072AA000600 2076
072BB000600 0
072CC010600 0
072CC020600 5971
072DD010600 726
072DD020600 0
072EE000600 2382
073 A010600 0.2960
073 A020600 0.0000
073 B000600 0.9660
073 C000600 0.0000
074 A000600 1
074 B000600 450
074 C000600 2490
074 D000600 12238
074 E000600 0
074 F000600 11040
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 0
074 K000600 0
074 L000600 292
074 M000600 1
074 N000600 26512
074 O000600 0
074 P000600 17
074 Q000600 0
074 R010600 0
074 R020600 0
<PAGE> PAGE 43
074 R030600 0
074 R040600 3232
074 S000600 0
074 T000600 23263
074 U010600 2437
074 U020600 0
074 V010600 9.54
074 V020600 0.00
074 W000600 0.0000
074 X000600 0
074 Y000600 0
075 A000600 0
075 B000600 31482
076 000600 0.00
008 A000701 MITHCELL HUTCHINS ASSET MANAGEMENT INC.
008 B000701 A
008 C000701 801-13219
008 D010701 NY
008 D020701 NY
008 D030701 10019
015 A000701 STATE STREET BANK & TRUST CO.
015 B000701 C
015 C010701 BOSTON
015 C020701 MA
015 C030701 02109
015 E010701 X
028 A010700 334
028 A020700 0
028 A030700 0
028 A040700 335
028 B010700 259
028 B020700 0
028 B030700 0
028 B040700 1022
028 C010700 226
028 C020700 0
028 C030700 0
028 C040700 428
028 D010700 171
028 D020700 0
028 D030700 0
028 D040700 328
028 E010700 250
028 E020700 0
028 E030700 0
028 E040700 619
028 F010700 1727
028 F020700 0
028 F030700 0
028 F040700 350
028 G010700 2967
<PAGE> PAGE 44
028 G020700 0
028 G030700 0
028 G040700 3082
028 H000700 0
045 000700 Y
046 000700 N
047 000700 Y
048 000700 0.700
048 A010700 0
048 A020700 0.000
048 B010700 0
048 B020700 0.000
048 C010700 0
048 C020700 0.000
048 D010700 0
048 D020700 0.000
048 E010700 0
048 E020700 0.000
048 F010700 0
048 F020700 0.000
048 G010700 0
048 G020700 0.000
048 H010700 0
048 H020700 0.000
048 I010700 0
048 I020700 0.000
048 J010700 0
048 J020700 0.000
048 K010700 0
048 K020700 0.000
062 A000700 N
062 B000700 0.0
062 C000700 0.0
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
063 A000700 0
063 B000700 0.0
066 A000700 Y
<PAGE> PAGE 45
066 B000700 N
066 C000700 N
066 D000700 Y
066 E000700 N
066 F000700 N
066 G000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 Y
070 B010700 Y
070 B020700 Y
070 C010700 Y
070 C020700 N
070 D010700 Y
070 D020700 N
070 E010700 Y
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
070 I010700 Y
070 I020700 N
070 J010700 Y
070 J020700 N
070 K010700 Y
070 K020700 N
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 N
070 O010700 Y
070 O020700 N
070 P010700 N
070 P020700 N
070 Q010700 Y
070 Q020700 N
070 R010700 Y
070 R020700 N
071 A000700 18621
071 B000700 22204
071 C000700 12440
071 D000700 150
072 A000700 12
<PAGE> PAGE 46
072 B000700 47
072 C000700 276
072 D000700 0
072 E000700 0
072 F000700 94
072 G000700 0
072 H000700 0
072 I000700 2
072 J000700 38
072 K000700 0
072 L000700 9
072 M000700 3
072 N000700 0
072 O000700 0
072 P000700 0
072 Q000700 0
072 R000700 16
072 S000700 7
072 T000700 0
072 U000700 11
072 V000700 0
072 W000700 2
072 X000700 182
072 Y000700 0
072 Z000700 141
072AA000700 214
072BB000700 0
072CC010700 0
072CC020700 1235
072DD010700 140
072DD020700 0
072EE000700 0
073 A010700 0.0996
073 A020700 0.0000
073 B000700 0.0000
073 C000700 0.0000
074 A000700 0
074 B000700 35
074 C000700 1980
074 D000700 95
074 E000700 0
074 F000700 10959
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 135
074 K000700 0
074 L000700 55
074 M000700 21
074 N000700 13280
074 O000700 192
<PAGE> PAGE 47
074 P000700 7
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 209
074 S000700 0
074 T000700 12872
074 U010700 1406
074 U020700 0
074 V010700 9.16
074 V020700 0.00
074 W000700 0.0000
074 X000700 0
074 Y000700 0
075 A000700 0
075 B000700 13416
076 000700 0.00
008 A000801 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
008 B000801 A
008 C000801 801-13219
008 D010801 NY
008 D020801 NY
008 D030801 10019
008 A000802 NICHOLAS-APPLEGATE CAPITAL
008 B000802 S
008 C000802 801-21442
008 D010802 SAN DIEGO
008 D020802 CA
008 D030802 92101
015 A000801 STATE STREET BANK AND TRUST CO.
015 B000801 C
015 C010801 BOSTON
015 C020801 MA
015 C030801 02171
015 E010801 X
028 A010800 875
028 A020800 0
028 A030800 0
028 A040800 2
028 B010800 874
028 B020800 0
028 B030800 0
028 B040800 16
028 C010800 865
028 C020800 0
028 C030800 0
028 C040800 85
028 D010800 394
028 D020800 0
028 D030800 0
<PAGE> PAGE 48
028 D040800 197
028 E010800 164
028 E020800 0
028 E030800 0
028 E040800 46
028 F010800 436
028 F020800 0
028 F030800 0
028 F040800 25
028 G010800 3608
028 G020800 0
028 G030800 0
028 G040800 371
028 H000800 0
045 000800 Y
046 000800 N
047 000800 Y
048 000800 0.800
048 A010800 0
048 A020800 0.000
048 B010800 0
048 B020800 0.000
048 C010800 0
048 C020800 0.000
048 D010800 0
048 D020800 0.000
048 E010800 0
048 E020800 0.000
048 F010800 0
048 F020800 0.000
048 G010800 0
048 G020800 0.000
048 H010800 0
048 H020800 0.000
048 I010800 0
048 I020800 0.000
048 J010800 0
048 J020800 0.000
048 K010800 0
048 K020800 0.000
062 A000800 N
062 B000800 0.0
062 C000800 0.0
062 D000800 0.0
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 0.0
062 J000800 0.0
062 K000800 0.0
<PAGE> PAGE 49
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 0.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
063 A000800 0
063 B000800 0.0
066 A000800 Y
066 B000800 Y
066 C000800 N
066 D000800 N
066 E000800 N
066 F000800 N
066 G000800 N
067 000800 N
068 A000800 N
068 B000800 N
069 000800 N
070 A010800 Y
070 A020800 Y
070 B010800 Y
070 B020800 N
070 C010800 Y
070 C020800 N
070 D010800 Y
070 D020800 N
070 E010800 Y
070 E020800 N
070 F010800 Y
070 F020800 N
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 Y
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 Y
070 K020800 N
070 L010800 Y
070 L020800 Y
070 M010800 N
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 N
<PAGE> PAGE 50
070 P020800 N
070 Q010800 Y
070 Q020800 N
070 R010800 Y
070 R020800 N
071 A000800 19416
071 B000800 8399
071 C000800 9289
071 D000800 90
072 A000800 12
072 B000800 31
072 C000800 133
072 D000800 0
072 E000800 0
072 F000800 80
072 G000800 0
072 H000800 0
072 I000800 2
072 J000800 37
072 K000800 0
072 L000800 8
072 M000800 3
072 N000800 0
072 O000800 0
072 P000800 0
072 Q000800 0
072 R000800 18
072 S000800 5
072 T000800 0
072 U000800 0
072 V000800 0
072 W000800 5
072 X000800 158
072 Y000800 0
072 Z000800 7
072AA000800 0
072BB000800 728
072CC010800 348
072CC020800 0
072DD010800 13
072DD020800 0
072EE000800 0
073 A010800 0.0115
073 A020800 0.0000
073 B000800 0.0000
073 C000800 0.0000
074 A000800 1
074 B000800 0
074 C000800 685
074 D000800 0
074 E000800 0
<PAGE> PAGE 51
074 F000800 12881
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 182
074 K000800 0
074 L000800 110
074 M000800 0
074 N000800 13859
074 O000800 218
074 P000800 9
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 32
074 S000800 0
074 T000800 13600
074 U010800 1409
074 U020800 0
074 V010800 9.65
074 V020800 0.00
074 W000800 0.0000
074 X000800 0
074 Y000800 0
075 A000800 0
075 B000800 9953
076 000800 0.00
008 A000901 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
008 B000901 A
008 C000901 801-13219
008 D010901 NY
008 D020901 NY
008 D030901 10019
008 A000902 PROVIDENT INVESTMENT COUNSEL
008 B000902 S
008 C000902 801-113030
008 D010902 PASADENA
008 D020902 CA
008 D030902 91101
015 A000901 STATE STREET BANK AND TRUST CO.
015 B000901 C
015 C010901 BOSTON
015 C020901 MA
015 C030901 02171
015 E010901 X
028 A010900 721
028 A020900 0
028 A030900 0
028 A040900 224
028 B010900 738
<PAGE> PAGE 52
028 B020900 0
028 B030900 0
028 B040900 9
028 C010900 1044
028 C020900 0
028 C030900 0
028 C040900 19
028 D010900 547
028 D020900 0
028 D030900 0
028 D040900 59
028 E010900 144
028 E020900 0
028 E030900 0
028 E040900 48
028 F010900 601
028 F020900 0
028 F030900 0
028 F040900 34
028 G010900 3795
028 G020900 0
028 G030900 0
028 G040900 393
028 H000900 0
045 000900 Y
046 000900 N
047 000900 Y
048 000900 0.750
048 A010900 0
048 A020900 0.000
048 B010900 0
048 B020900 0.000
048 C010900 0
048 C020900 0.000
048 D010900 0
048 D020900 0.000
048 E010900 0
048 E020900 0.000
048 F010900 0
048 F020900 0.000
048 G010900 0
048 G020900 0.000
048 H010900 0
048 H020900 0.000
048 I010900 0
048 I020900 0.000
048 J010900 0
048 J020900 0.000
048 K010900 0
048 K020900 0.000
062 A000900 N
<PAGE> PAGE 53
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
063 A000900 0
063 B000900 0.0
066 A000900 N
067 000900 Y
068 A000900 N
068 B000900 N
069 000900 N
070 A010900 Y
070 A020900 Y
070 B010900 Y
070 B020900 N
070 C010900 Y
070 C020900 N
070 D010900 Y
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 Y
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 Y
070 H020900 N
070 I010900 Y
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 N
070 L010900 Y
070 L020900 Y
070 M010900 N
070 M020900 N
070 N010900 Y
<PAGE> PAGE 54
070 N020900 N
070 O010900 Y
070 O020900 N
070 P010900 N
070 P020900 N
070 Q010900 Y
070 Q020900 N
070 R010900 Y
070 R020900 N
071 A000900 12454
071 B000900 2641
071 C000900 7428
071 D000900 36
072 A000900 12
072 B000900 184
072 C000900 53
072 D000900 0
072 E000900 0
072 F000900 64
072 G000900 0
072 H000900 0
072 I000900 2
072 J000900 27
072 K000900 0
072 L000900 6
072 M000900 3
072 N000900 0
072 O000900 0
072 P000900 0
072 Q000900 0
072 R000900 18
072 S000900 6
072 T000900 0
072 U000900 0
072 V000900 0
072 W000900 6
072 X000900 132
072 Y000900 0
072 Z000900 105
072AA000900 0
072BB000900 596
072CC010900 204
072CC020900 0
072DD010900 111
072DD020900 0
072EE000900 0
073 A010900 0.0919
073 A020900 0.0000
073 B000900 0.0000
073 C000900 0.0000
074 A000900 4
<PAGE> PAGE 55
074 B000900 575
074 C000900 575
074 D000900 3045
074 E000900 0
074 F000900 7670
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 28
074 K000900 0
074 L000900 285
074 M000900 0
074 N000900 12182
074 O000900 0
074 P000900 7
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 130
074 S000900 0
074 T000900 12045
074 U010900 1272
074 U020900 0
074 V010900 9.47
074 V020900 0.00
074 W000900 0.0000
074 X000900 0
074 Y000900 0
075 A000900 0
075 B000900 8485
076 000900 0.00
008 A001001 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
008 B001001 A
008 C001001 801-13219
008 D011001 NY
008 D021001 NY
008 D031001 10019
008 A001002 WOLF, WEBB, BURK & CAMPBELL INC.
008 B001002 S
008 C001002 801-155710
008 D011002 PHILADELPHIA
008 D021002 PA
008 D031002 19102
015 A001001 STATE STREET BANK AND TRUST CO.
015 B001001 C
015 C011001 BOSTON
015 C021001 MA
015 C031001 02171
015 E011001 X
028 A011000 1143
<PAGE> PAGE 56
028 A021000 2
028 A031000 0
028 A041000 18
028 B011000 553
028 B021000 0
028 B031000 0
028 B041000 0
028 C011000 796
028 C021000 0
028 C031000 0
028 C041000 52
028 D011000 232
028 D021000 0
028 D031000 0
028 D041000 157
028 E011000 537
028 E021000 5
028 E031000 0
028 E041000 42
028 F011000 577
028 F021000 0
028 F031000 0
028 F041000 56
028 G011000 3838
028 G021000 7
028 G031000 0
028 G041000 325
028 H001000 0
045 001000 Y
046 001000 N
047 001000 Y
048 001000 0.500
048 A011000 0
048 A021000 0.000
048 B011000 0
048 B021000 0.000
048 C011000 0
048 C021000 0.000
048 D011000 0
048 D021000 0.000
048 E011000 0
048 E021000 0.000
048 F011000 0
048 F021000 0.000
048 G011000 0
048 G021000 0.000
048 H011000 0
048 H021000 0.000
048 I011000 0
048 I021000 0.000
048 J011000 0
<PAGE> PAGE 57
048 J021000 0.000
048 K011000 0
048 K021000 0.000
062 A001000 Y
062 B001000 0.0
062 C001000 0.0
062 D001000 18.8
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
062 H001000 0.0
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.0
062 M001000 28.5
062 N001000 19.9
062 O001000 0.0
062 P001000 20.1
062 Q001000 12.7
062 R001000 0.0
063 A001000 0
063 B001000 0.0
066 A001000 N
067 001000 N
068 A001000 N
068 B001000 N
069 001000 N
070 A011000 Y
070 A021000 Y
070 B011000 Y
070 B021000 N
070 C011000 Y
070 C021000 N
070 D011000 Y
070 D021000 N
070 E011000 Y
070 E021000 N
070 F011000 Y
070 F021000 N
070 G011000 Y
070 G021000 N
070 H011000 Y
070 H021000 N
070 I011000 Y
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 N
070 L011000 N
<PAGE> PAGE 58
070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 N
070 P021000 N
070 Q011000 Y
070 Q021000 N
070 R011000 Y
070 R021000 N
071 A001000 7627
071 B001000 1470
071 C001000 4072
071 D001000 36
072 A001000 12
072 B001000 294
072 C001000 0
072 D001000 0
072 E001000 0
072 F001000 23
072 G001000 0
072 H001000 0
072 I001000 2
072 J001000 13
072 K001000 0
072 L001000 7
072 M001000 3
072 N001000 0
072 O001000 0
072 P001000 0
072 Q001000 0
072 R001000 18
072 S001000 5
072 T001000 0
072 U001000 0
072 V001000 0
072 W001000 3
072 X001000 74
072 Y001000 0
072 Z001000 219
072AA001000 0
072BB001000 82
072CC011000 0
072CC021000 379
072DD011000 225
072DD021000 0
072EE001000 0
073 A011000 0.2697
<PAGE> PAGE 59
073 A021000 0.0000
073 B001000 0.0000
073 C001000 0.0000
074 A001000 1
074 B001000 1435
074 C001000 0
074 D001000 6414
074 E001000 0
074 F001000 0
074 G001000 0
074 H001000 0
074 I001000 0
074 J001000 216
074 K001000 0
074 L001000 106
074 M001000 0
074 N001000 8172
074 O001000 288
074 P001000 3
074 Q001000 0
074 R011000 0
074 R021000 0
074 R031000 0
074 R041000 243
074 S001000 0
074 T001000 7638
074 U011000 876
074 U021000 0
074 V011000 8.71
074 V021000 0.00
074 W001000 0.0000
074 X001000 0
074 Y001000 0
075 A001000 0
075 B001000 4759
076 001000 0.00
SIGNATURE JULIAN SLUYTERS
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000806591
<NAME> PAINEWEBBER SERIES TRUST
<SERIES>
<NUMBER> 1
<NAME> SERIES TRUST MONEY MARKET PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 25,089
<INVESTMENTS-AT-VALUE> 25,089
<RECEIVABLES> 134
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 1
<TOTAL-ASSETS> 25,225
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 183
<TOTAL-LIABILITIES> 183
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 25,057
<SHARES-COMMON-STOCK> 25,057
<SHARES-COMMON-PRIOR> 15,468
<ACCUMULATED-NII-CURRENT> 2
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (17)
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 25,042
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 916
<OTHER-INCOME> 0
<EXPENSES-NET> (181)
<NET-INVESTMENT-INCOME> 734
<REALIZED-GAINS-CURRENT> (15)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 719
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 734
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 36,901
<NUMBER-OF-SHARES-REDEEMED> (27,970)
<SHARES-REINVESTED> 658
<NET-CHANGE-IN-ASSETS> 9,590
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (103)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (101)
<AVERAGE-NET-ASSETS> 20,648
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .88
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000806591
<NAME> PAINEWEBBER SERIES TRUST
<SERIES>
<NUMBER> 2
<NAME> SERIES TRUST GROWTH PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 36,149
<INVESTMENTS-AT-VALUE> 42,009
<RECEIVABLES> 304
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 3
<TOTAL-ASSETS> 42,317
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,182
<TOTAL-LIABILITIES> 3,182
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 33,278
<SHARES-COMMON-STOCK> 2,688
<SHARES-COMMON-PRIOR> 2,863
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (3)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,860
<NET-ASSETS> 39,135
<DIVIDEND-INCOME> 156
<INTEREST-INCOME> 336
<OTHER-INCOME> 0
<EXPENSES-NET> (473)
<NET-INVESTMENT-INCOME> 19
<REALIZED-GAINS-CURRENT> 2,975
<APPREC-INCREASE-CURRENT> (9,049)
<NET-CHANGE-FROM-OPS> (6,055)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (22)
<DISTRIBUTIONS-OF-GAINS> (3,715)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,274
<NUMBER-OF-SHARES-REDEEMED> (1,606)
<SHARES-REINVESTED> 158
<NET-CHANGE-IN-ASSETS> (12,561)
<ACCUMULATED-NII-PRIOR> 4
<ACCUMULATED-GAINS-PRIOR> 726
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (356)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (473)
<AVERAGE-NET-ASSETS> 47,425
<PER-SHARE-NAV-BEGIN> 18.06
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> (2.13)
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> (1.37)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.56
<EXPENSE-RATIO> 1.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000806591
<NAME> PAINEWEBBER SERIES TRUST
<SERIES>
<NUMBER> 3
<NAME> SERIES TRUST GLOBAL GROWTH PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 44,763
<INVESTMENTS-AT-VALUE> 43,618
<RECEIVABLES> 1,249
<ASSETS-OTHER> 201
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 45,068
<PAYABLE-FOR-SECURITIES> 1,526
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,049
<TOTAL-LIABILITIES> 4,575
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 41,847
<SHARES-COMMON-STOCK> 3,254
<SHARES-COMMON-PRIOR> 2,541
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (207)
<ACCUM-APPREC-OR-DEPREC> (1,147)
<NET-ASSETS> 40,493
<DIVIDEND-INCOME> 533
<INTEREST-INCOME> 69
<OTHER-INCOME> 0
<EXPENSES-NET> (658)
<NET-INVESTMENT-INCOME> (56)
<REALIZED-GAINS-CURRENT> 1,682
<APPREC-INCREASE-CURRENT> (7,426)
<NET-CHANGE-FROM-OPS> (5,800)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (18)
<DISTRIBUTIONS-OF-GAINS> (2,355)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,580
<NUMBER-OF-SHARES-REDEEMED> (964)
<SHARES-REINVESTED> 97
<NET-CHANGE-IN-ASSETS> 2,459
<ACCUMULATED-NII-PRIOR> 169
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 174
<GROSS-ADVISORY-FEES> (333)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (658)
<AVERAGE-NET-ASSETS> 44,350
<PER-SHARE-NAV-BEGIN> 14.97
<PER-SHARE-NII> (0.03)
<PER-SHARE-GAIN-APPREC> (1.76)
<PER-SHARE-DIVIDEND> (0.01)
<PER-SHARE-DISTRIBUTIONS> (0.73)
<RETURNS-OF-CAPITAL> 0.0
<PER-SHARE-NAV-END> 12.44
<EXPENSE-RATIO> 1.48
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000806591
<NAME> PAINEWEBBER SERIES TRUST
<SERIES>
<NUMBER> 4
<NAME> SERIES TRUST GLOBAL INCOME PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 51,997
<INVESTMENTS-AT-VALUE> 50,977
<RECEIVABLES> 2,818
<ASSETS-OTHER> 1,388
<OTHER-ITEMS-ASSETS> 548
<TOTAL-ASSETS> 55,731
<PAYABLE-FOR-SECURITIES> 1,668
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,375
<TOTAL-LIABILITIES> 3,043
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 54,869
<SHARES-COMMON-STOCK> 4,843
<SHARES-COMMON-PRIOR> 5,511
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (458)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (1,188)
<ACCUM-APPREC-OR-DEPREC> (535)
<NET-ASSETS> 52,688
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,313
<OTHER-INCOME> 0
<EXPENSES-NET> (739)
<NET-INVESTMENT-INCOME> 4,574
<REALIZED-GAINS-CURRENT> (4,321)
<APPREC-INCREASE-CURRENT> (4,296)
<NET-CHANGE-FROM-OPS> (4,043)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,030)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,420
<NUMBER-OF-SHARES-REDEEMED> (2,707)
<SHARES-REINVESTED> 620
<NET-CHANGE-IN-ASSETS> (11,922)
<ACCUMULATED-NII-PRIOR> 1,059
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 1,920
<GROSS-ADVISORY-FEES> (474)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (739)
<AVERAGE-NET-ASSETS> 63,274
<PER-SHARE-NAV-BEGIN> 11.72
<PER-SHARE-NII> 0.97
<PER-SHARE-GAIN-APPREC> (1.60)
<PER-SHARE-DIVIDEND> (0.21)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.88
<EXPENSE-RATIO> 1.17
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000806591
<NAME> PAINEWEBBER SERIES TRUST
<SERIES>
<NUMBER> 5
<NAME> SERIES TRUST GOVERNMENT PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 19,028
<INVESTMENTS-AT-VALUE> 18,339
<RECEIVABLES> 346
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 3
<TOTAL-ASSETS> 18,689
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,669
<TOTAL-LIABILITIES> 1,669
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,714
<SHARES-COMMON-STOCK> 1,646
<SHARES-COMMON-PRIOR> 1,874
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (5)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (689)
<NET-ASSETS> 17,020
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,593
<OTHER-INCOME> 0
<EXPENSES-NET> 188
<NET-INVESTMENT-INCOME> 1,405
<REALIZED-GAINS-CURRENT> 164
<APPREC-INCREASE-CURRENT> (2,805)
<NET-CHANGE-FROM-OPS> (1,236)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,407)
<DISTRIBUTIONS-OF-GAINS> (163)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 707
<NUMBER-OF-SHARES-REDEEMED> (1,092)
<SHARES-REINVESTED> 158
<NET-CHANGE-IN-ASSETS> (5,333)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1)
<OVERDISTRIB-NII-PRIOR> (6)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (132)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (211)
<AVERAGE-NET-ASSETS> 21,169
<PER-SHARE-NAV-BEGIN> 11.93
<PER-SHARE-NII> .85
<PER-SHARE-GAIN-APPREC> (1.49)
<PER-SHARE-DIVIDEND> (.85)
<PER-SHARE-DISTRIBUTIONS> (.10)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.34
<EXPENSE-RATIO> .89
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000806591
<NAME> PAINEWEBBER SERIES TRUST
<SERIES>
<NUMBER> 6
<NAME> SERIES TRUST ASSET ALLOCATION PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 26,835
<INVESTMENTS-AT-VALUE> 26,218
<RECEIVABLES> 292
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 1
<TOTAL-ASSETS> 26,512
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,249
<TOTAL-LIABILITIES> 3,249
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 24,102
<SHARES-COMMON-STOCK> 2,437
<SHARES-COMMON-PRIOR> 2,792
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (2)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (220)
<ACCUM-APPREC-OR-DEPREC> (617)
<NET-ASSETS> 23,263
<DIVIDEND-INCOME> 765
<INTEREST-INCOME> 284
<OTHER-INCOME> 0
<EXPENSES-NET> (325)
<NET-INVESTMENT-INCOME> 724
<REALIZED-GAINS-CURRENT> 2,076
<APPREC-INCREASE-CURRENT> (5,971)
<NET-CHANGE-FROM-OPS> (3,171)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (726)
<DISTRIBUTIONS-OF-GAINS> (2,382)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 635
<NUMBER-OF-SHARES-REDEEMED> 1,350
<SHARES-REINVESTED> 361
<NET-CHANGE-IN-ASSETS> (10,104)
<ACCUMULATED-NII-PRIOR> 15
<ACCUMULATED-GAINS-PRIOR> 77
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (236)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (326)
<AVERAGE-NET-ASSETS> 31,482
<PER-SHARE-NAV-BEGIN> 11.95
<PER-SHARE-NII> .30
<PER-SHARE-GAIN-APPREC> (1.44)
<PER-SHARE-DIVIDEND> (.30)
<PER-SHARE-DISTRIBUTIONS> (.97)
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 9.54
<EXPENSE-RATIO> 1.03
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000806591
<NAME> PAINEWEBBER SERIES TRUST
<SERIES>
<NUMBER> 7
<NAME> SERIES TRUST DIVIDEND GROWTH PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 13,274
<INVESTMENTS-AT-VALUE> 13,070
<RECEIVABLES> 189
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 21
<TOTAL-ASSETS> 13,280
<PAYABLE-FOR-SECURITIES> 192
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 216
<TOTAL-LIABILITIES> 408
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13,647
<SHARES-COMMON-STOCK> 1,406
<SHARES-COMMON-PRIOR> 1,650
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (2)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (569)
<ACCUM-APPREC-OR-DEPREC> (204)
<NET-ASSETS> 12,872
<DIVIDEND-INCOME> 47
<INTEREST-INCOME> 275
<OTHER-INCOME> 0
<EXPENSES-NET> (181)
<NET-INVESTMENT-INCOME> 141
<REALIZED-GAINS-CURRENT> 214
<APPREC-INCREASE-CURRENT> (1,235)
<NET-CHANGE-FROM-OPS> (880)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (140)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 546
<NUMBER-OF-SHARES-REDEEMED> (818)
<SHARES-REINVESTED> 28
<NET-CHANGE-IN-ASSETS> (3,409)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (783)
<OVERDISTRIB-NII-PRIOR> (3)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (94)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (181)
<AVERAGE-NET-ASSETS> 13,416
<PER-SHARE-NAV-BEGIN> 9.87
<PER-SHARE-NII> .10
<PER-SHARE-GAIN-APPREC> (.71)
<PER-SHARE-DIVIDEND> (.10)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.16
<EXPENSE-RATIO> 1.35
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000806591
<NAME> PAINEWEBBER SERIES TRUST
<SERIES>
<NUMBER> 8
<NAME> SERIES TRUST AGGRESSIVE GROWTH PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 13,213
<INVESTMENTS-AT-VALUE> 13,566
<RECEIVABLES> 293
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 13,859
<PAYABLE-FOR-SECURITIES> 218
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 41
<TOTAL-LIABILITIES> 259
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 13,982
<SHARES-COMMON-STOCK> 11,173
<SHARES-COMMON-PRIOR> 2,809
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (6)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (728)
<ACCUM-APPREC-OR-DEPREC> 353
<NET-ASSETS> 13,600
<DIVIDEND-INCOME> 133
<INTEREST-INCOME> 31
<OTHER-INCOME> 0
<EXPENSES-NET> (158)
<NET-INVESTMENT-INCOME> 7
<REALIZED-GAINS-CURRENT> (728)
<APPREC-INCREASE-CURRENT> 348
<NET-CHANGE-FROM-OPS> (373)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (13)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,215
<NUMBER-OF-SHARES-REDEEMED> (90)
<SHARES-REINVESTED> 1
<NET-CHANGE-IN-ASSETS> 10,787
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (80)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (158)
<AVERAGE-NET-ASSETS> 9,953
<PER-SHARE-NAV-BEGIN> 9.95
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> (0.30)
<PER-SHARE-DIVIDEND> 0.01
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.65
<EXPENSE-RATIO> 1.59
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000806591
<NAME> PAINEWEBBER SERIES TRUST
<SERIES>
<NUMBER> 9
<NAME> SERIES TRUST BALANCED PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 11,666
<INVESTMENTS-AT-VALUE> 11,865
<RECEIVABLES> 313
<ASSETS-OTHER> 4
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 12,182
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 0
<TOTAL-LIABILITIES> 136
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,448
<SHARES-COMMON-STOCK> 10,181
<SHARES-COMMON-PRIOR> 2,267
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (6)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (596)
<ACCUM-APPREC-OR-DEPREC> 199
<NET-ASSETS> 12,045
<DIVIDEND-INCOME> 53
<INTEREST-INCOME> 184
<OTHER-INCOME> 0
<EXPENSES-NET> 132
<NET-INVESTMENT-INCOME> 105
<REALIZED-GAINS-CURRENT> (596)
<APPREC-INCREASE-CURRENT> 204
<NET-CHANGE-FROM-OPS> (287)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (111)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,671
<NUMBER-OF-SHARES-REDEEMED> (499)
<SHARES-REINVESTED> 9
<NET-CHANGE-IN-ASSETS> 9,783
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (64)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (132)
<AVERAGE-NET-ASSETS> 8,485
<PER-SHARE-NAV-BEGIN> 9.89
<PER-SHARE-NII> 0.09
<PER-SHARE-GAIN-APPREC> (0.42)
<PER-SHARE-DIVIDEND> 0.09
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.47
<EXPENSE-RATIO> 1.56
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000806591
<NAME> PAINEWEBBER SERIES TRUST
<SERIES>
<NUMBER> 10
<NAME> SERIES TRUST FIXED INCOME PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> DEC-31-1994
<PERIOD-END> DEC-31-1994
<INVESTMENTS-AT-COST> 8,229
<INVESTMENTS-AT-VALUE> 7,849
<RECEIVABLES> 322
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 8,172
<PAYABLE-FOR-SECURITIES> 291
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 243
<TOTAL-LIABILITIES> 534
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 8,106
<SHARES-COMMON-STOCK> 6,625
<SHARES-COMMON-PRIOR> 1,481
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (6)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (82)
<ACCUM-APPREC-OR-DEPREC> (380)
<NET-ASSETS> 7,638
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 294
<OTHER-INCOME> 0
<EXPENSES-NET> (74)
<NET-INVESTMENT-INCOME> 219
<REALIZED-GAINS-CURRENT> (82)
<APPREC-INCREASE-CURRENT> (379)
<NET-CHANGE-FROM-OPS> (242)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (225)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 801
<NUMBER-OF-SHARES-REDEEMED> (79)
<SHARES-REINVESTED> 1
<NET-CHANGE-IN-ASSETS> 6,158
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (24)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (74)
<AVERAGE-NET-ASSETS> 4,759
<PER-SHARE-NAV-BEGIN> 9.61
<PER-SHARE-NII> 0.26
<PER-SHARE-GAIN-APPREC> (0.89)
<PER-SHARE-DIVIDEND> (0.27)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 8.71
<EXPENSE-RATIO> 1.56
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
Ernst & Young llp
787 Seventh Avenue
New York, New York 10019
The Board of Trustees and Shareholders
PaineWebber Series Trust
In planning and performing our audit of the financial statements of
PaineWebber Series Trust (comprising, respectively, the Money
Market, Growth, Global Growth, Global Income, Government, Asset
Allocation, Dividend Growth, Aggressive Growth, Balanced and Fixed
Income Portfolios)(the "Fund") for the year ended December 31,
1994, we considered its internal control structure, including
procedures for safeguarding securities, in order to determine our
auditing procedures for the purpose of expressing our opinion on
the financial statements and to comply with the requirements of
Form N-SAR, not to provide assurance on the internal control
structure.
The management of the Fund is responsible for establishing and
maintaining an internal control structure. In fulfilling this
responsibility, estimates and judgments by management are required
to assess the expected benefits and related costs of internal
control structure policies and procedures. Two of the objectives
of an internal control structure are to provide management with
reasonable, but not absolute, assurance that assets are safeguarded
against loss from unauthorized use or disposition and that
transactions are executed in accordance with management's
authorization and recorded properly to permit preparation of
financial statements in conformity with generally accepted
accounting principles.
Because of inherent limitations in any internal control structure,
errors or irregularities may occur and not be detected. Also,
projection of any evaluation of the structure to future periods is
subject to the risk that it may become inadequate because of
changes in conditions or that the effectiveness of the design and
operation may deteriorate.
Our consideration of the internal control structure would not
necessarily disclose all matters in the internal control structure
that might be material weaknesses under standards established by
the American Institute of Certified Public Accountants. A material
weakness is a condition in which the design or operation of the
specific internal control structure elements does not reduce
to a relatively low level the risk that errors or irregularities in
amounts that would be material in relation to the financial
statements being audited may occur and not be detected within a
timely period by employees in the normal course of performing their
assigned functions. However, we noted no matters involving the
internal control structure, including procedures for safeguarding
securities, that we consider to be material weaknesses as defined
above as of December 31, 1994.
This report is intended solely for the information and use of
management and the Securities and Exchange Commission.
ERNST & YOUNG LLP
February 9, 1995
FORM 10f-3 FUND NAME: Series Trust - Growth Portfolio
----------------------------------------
Record of Securities Purchased Under the Fund's Rule 10f-3 Procedures
1. Issuer: Rawlings (RAWL)
----------------------------------------------------------------
2. Date of Purchase: 6/30/94 3. Date offering commenced: 6/30/94
----------- -----------
4. Underwriter from whom purchased: Dillon Read, AG Edwards, JJB Hilliard
---------------------------------------
5. "Affiliated Underwriter" managing or participating in syndicate:
PaineWebber
-----------------------------------------------------------------------
6. Aggregate principal amount of purchase: 240,000
---------------------------------
7. Aggregate principal amount of offering: $90,000,000
--------------------------------
8. Purchase price (net of fees and expenses: $12
------------------------------
9. Initial Public Offering Price: $12
-----------------------------------------
10. Commission, spread or profit: % $ .44
------------ -----------------------
11. Have the following conditions been satisfied? YES NO
------- -------
a. The securities are part of an issue registered
under the Securities Act of 1933 which is being
offered to the public or are "municipal
securities" as defined in Section 3(a)(29) of
the Securities Exchange Act of 1934. X
------- -------
b. The securities were purchased prior to the end of
the first full business day of the offering at not
more than the initial offering price (or, if a
rights offering, the securities were purchased on
or before the fourth day preceding the day on which
the offering terminated). X
------- -------
c. The underwriting was a firm commitment
underwriting. X
------- -------
d. The commission, spread or profit was reasonable
and fair in relation to that being received by
others for underwriting similar securities during
the same period. X
------- -------
e. If the securities are registered under the
Securities Act of 1933, the issuer of the
securities and its predecessor have been in
continuous operation for not less than three
years. X
------- -------
f. The amount of such securities purchased by all
of the investment companies advised by Mitchell
Hutchins did not exceed 4% of the principal
amount of the offering or $500,000 in principal
amount, whichever is greater, provided that in
no event did such amount exceed 10% of the
principal amount of the offering. X
------- -------
g. The purchase price was less than 3% of the Fund's
total assets. X
------- -------
h. No Affiliated Underwriter was a direct or indirect
participant in or beneficiary of the sale or, with
respect to municipal securities, no purchases were
designated as group sales or otherwise allocated
to the account of any Affiliated Underwriter. X
------- -------
Approved By: [Signature] Date: 9/9/94
