MORGAN STANLEY DEAN WITTER STRATEGIST FUND
NSAR-B, EX-27, 2000-09-28
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
MSDW Strategist Fund
Class A
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUL-31-2000
<PERIOD-END>                               JUL-31-2000
<INVESTMENTS-AT-COST>                    1,978,397,702
<INVESTMENTS-AT-VALUE>                   2,290,813,844
<RECEIVABLES>                               42,764,966
<ASSETS-OTHER>                                  50,819
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           2,333,629,629
<PAYABLE-FOR-SECURITIES>                  (54,184,784)
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                  (5,373,327)
<TOTAL-LIABILITIES>                       (59,558,111)
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,665,100,741
<SHARES-COMMON-STOCK>                        5,357,365
<SHARES-COMMON-PRIOR>                        3,194,851
<ACCUMULATED-NII-CURRENT>                    8,429,296
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    288,126,180
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   312,415,301
<NET-ASSETS>                               110,599,841
<DIVIDEND-INCOME>                           10,443,973
<INTEREST-INCOME>                           53,516,580
<OTHER-INCOME>                                       0
<EXPENSES-NET>                            (31,980,924)
<NET-INVESTMENT-INCOME>                     31,979,629
<REALIZED-GAINS-CURRENT>                   346,617,902
<APPREC-INCREASE-CURRENT>                (130,383,405)
<NET-CHANGE-FROM-OPS>                      248,214,126
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                  (1,571,516)
<DISTRIBUTIONS-OF-GAINS>                   (6,239,051)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      3,318,317
<NUMBER-OF-SHARES-REDEEMED>                (1,515,494)
<SHARES-REINVESTED>                            359,691
<NET-CHANGE-IN-ASSETS>                     287,017,444
<ACCUMULATED-NII-PRIOR>                      2,089,265
<ACCUMULATED-GAINS-PRIOR>                  113,231,859
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                     (11,430,100)
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                           (31,980,924)
<AVERAGE-NET-ASSETS>                        86,597,710
<PER-SHARE-NAV-BEGIN>                            20.16
<PER-SHARE-NII>                                   0.44
<PER-SHARE-GAIN-APPREC>                           2.16
<PER-SHARE-DIVIDEND>                            (0.37)
<PER-SHARE-DISTRIBUTIONS>                       (1.75)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              20.64
<EXPENSE-RATIO>                                   0.88


</TABLE>


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