PAINEWEBBER INVESTMENT SERIES
NSAR-A, EX-27, 2000-06-29
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000808424
<NAME> PAINEWEBBER INVESTMENT SERIES
<SERIES>
   <NUMBER> 1
   <NAME> GLOBAL INCOME CLASS Y
<MULTIPLIER> 1000

<S>                             <C>
<PERIOD-TYPE>                   06-MOS
<FISCAL-YEAR-END>                          OCT-31-2000
<PERIOD-START>                             NOV-01-1999
<PERIOD-END>                               APR-30-2000
<INVESTMENTS-AT-COST>                             7123
<INVESTMENTS-AT-VALUE>                            6609
<RECEIVABLES>                                      329
<ASSETS-OTHER>                                     820
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    7758
<PAYABLE-FOR-SECURITIES>                           126
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          846
<TOTAL-LIABILITIES>                                972
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          7888
<SHARES-COMMON-STOCK>                              729
<SHARES-COMMON-PRIOR>                              997
<ACCUMULATED-NII-CURRENT>                          (2)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         (578)
<ACCUM-APPREC-OR-DEPREC>                         (522)
<NET-ASSETS>                                      6786
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  259
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    (39)
<NET-INVESTMENT-INCOME>                            220
<REALIZED-GAINS-CURRENT>                         (177)
<APPREC-INCREASE-CURRENT>                        (179)
<NET-CHANGE-FROM-OPS>                            (136)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (227)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            126
<NUMBER-OF-SHARES-REDEEMED>                      (417)
<SHARES-REINVESTED>                                 23
<NET-CHANGE-IN-ASSETS>                          (1534)
<ACCUMULATED-NII-PRIOR>                            (5)
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                       (470)
<GROSS-ADVISORY-FEES>                               28
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     39
<AVERAGE-NET-ASSETS>                              7754
<PER-SHARE-NAV-BEGIN>                             9.76
<PER-SHARE-NII>                                   0.28
<PER-SHARE-GAIN-APPREC>                         (0.45)
<PER-SHARE-DIVIDEND>                            (0.28)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.31
<EXPENSE-RATIO>                                   1.02
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0



</TABLE>


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