WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
MSDW CAPITAL GROWTH SECURITIES B
</LEGEND>
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 483,317,506
<INVESTMENTS-AT-VALUE> 578,813,750
<RECEIVABLES> 34,975,978
<ASSETS-OTHER> 69,420
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 613,859,148
<PAYABLE-FOR-SECURITIES> (38,031,234)
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (1,383,263)
<TOTAL-LIABILITIES> (39,414,497)
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 423,561,455
<SHARES-COMMON-STOCK> 33,527,979
<SHARES-COMMON-PRIOR> 28,345,776
<ACCUMULATED-NII-CURRENT> (51,569)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 55,438,521
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 95,496,244
<NET-ASSETS> 504,311,463
<DIVIDEND-INCOME> 2,775,179
<INTEREST-INCOME> 2,206,377
<OTHER-INCOME> 0
<EXPENSES-NET> (10,108,805)
<NET-INVESTMENT-INCOME> (5,127,249)
<REALIZED-GAINS-CURRENT> 67,890,012
<APPREC-INCREASE-CURRENT> 37,777,782
<NET-CHANGE-FROM-OPS> 100,540,545
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (124,572,319)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,308,162
<NUMBER-OF-SHARES-REDEEMED> (7,529,809)
<SHARES-REINVESTED> 8,403,850
<NET-CHANGE-IN-ASSETS> 58,765,507
<ACCUMULATED-NII-PRIOR> (52,319)
<ACCUMULATED-GAINS-PRIOR> 129,510,169
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (3,760,671)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (10,108,805)
<AVERAGE-NET-ASSETS> 529,447,081
<PER-SHARE-NAV-BEGIN> 16.58
<PER-SHARE-NII> (0.15)
<PER-SHARE-GAIN-APPREC> 3.04
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (4.43)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.04
<EXPENSE-RATIO> 1.80
</TABLE>
