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<PAGE> PAGE 2
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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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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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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
<PAGE> PAGE 20
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 N
054 A000300 Y
054 B000300 Y
054 C000300 Y
054 D000300 N
054 E000300 N
054 F000300 N
054 G000300 Y
054 H000300 Y
054 I000300 N
054 J000300 Y
054 K000300 N
054 L000300 N
054 M000300 Y
054 N000300 N
054 O000300 Y
055 A000300 Y
055 B000300 N
056 000300 Y
057 000300 N
058 A000300 N
059 000300 Y
060 A000300 Y
060 B000300 Y
061 000300 1000
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
<PAGE> PAGE 21
066 C000300 N
066 D000300 N
066 E000300 N
066 F000300 N
066 G000300 Y
067 000300 N
068 A000300 N
068 B000300 N
069 000300 Y
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 Y
070 F020300 Y
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 N
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 N
070 M010300 Y
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 15763
071 B000300 32932
071 C000300 60376
071 D000300 26
072 A000300 6
072 B000300 249
<PAGE> PAGE 22
072 C000300 754
072 D000300 0
072 E000300 0
072 F000300 148
072 G000300 0
072 H000300 0
072 I000300 24
072 J000300 130
072 K000300 0
072 L000300 0
072 M000300 4
072 N000300 17
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 15
072 S000300 8
072 T000300 273
072 U000300 25
072 V000300 13
072 W000300 7
072 X000300 664
072 Y000300 0
072 Z000300 339
072AA000300 2410
072BB000300 0
072CC010300 0
072CC020300 2128
072DD010300 16
072DD020300 325
072EE000300 0
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.9720
073 C000300 0.0000
074 A000300 0
074 B000300 494
074 C000300 0
074 D000300 13600
074 E000300 0
074 F000300 40472
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 6
074 L000300 374
074 M000300 136
074 N000300 55082
074 O000300 0
074 P000300 63
<PAGE> PAGE 23
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 722
074 S000300 0
074 T000300 54297
074 U010300 131999
074 U020300 4070
074 V010300 0.00
074 V020300 0.00
074 W000300 0.0000
074 X000300 2938
074 Y000300 0
075 A000300 0
075 B000300 59528
076 000300 0.00
008 A000401 STRATEGIC FIXED INCOME, L.P.
008 B000401 A
008 C000401 801-83734
008 D010401 WASHINGTON D.C
008 D020401 DC
008 D030401 20006
010 A000401 MITCHELL HUTCHINS ASSET MANAGEMENT INC
010 B000401 801-13219
010 C010401 NEW YORK
010 C020401 NY
010 C030401 10019
011 A000401 PAINEWEBBER, INC.
011 B000401 8-16267
011 C010401 NEW YORK
011 C020401 NY
011 C030401 10019
012 A000401 PFPC, INC
012 B000401 84-00000
012 C010401 WILMINGTON
012 C020401 DE
012 C030401 19809
013 A000401 DELOITTE TOUCHE LLP
013 B010401 NEW YORK
013 B020401 NY
013 B030401 10281
014 A000401 PAINE WEBBER INCORPORATED
014 B000401 8-16267
015 A000401 INVESTORS FIDUCIARY TRUST COMPANY
015 B000401 C
015 C010401 KANSAS CITY
015 C020401 MO
015 C030401 64105
015 E040401 X
015 A000402 CHASE MANHATTAN BANK AUSTRALIA LTD
<PAGE> PAGE 24
015 B000402 S
015 C010402 SYDNEY
015 D010402 AUSTRALIA
015 E040402 X
015 A000403 CREDITANSTALT-BANKVEREIN
015 B000403 S
015 C010403 VIENNA
015 D010403 AUSTRIA
015 E040403 X
015 A000404 GENERALE DE BANQUE OF BRUSSELS
015 B000404 S
015 C010404 BRUSSELS
015 D010404 BELGIUM
015 E040404 X
015 A000405 THE ROYAL BANK OF CANADA
015 B000405 S
015 C010405 TORONTO
015 D010405 CANADA
015 E040405 X
015 A000406 DEN DANSKE BANK
015 B000406 S
015 C010406 COPENHAGEN
015 D010406 DENMARK
015 E040406 X
015 A000407 BANQUE PARIBAS
015 B000407 S
015 C010407 PARIS
015 D010407 FRANCE
015 E040407 X
015 A000408 CHASE BANK A.G. FRANKFURT
015 B000408 S
015 C010408 FRANKFURT
015 D010408 GERMANY
015 E040408 X
015 A000409 CHASE MANHATTAN BANK, N.A. MILAN
015 B000409 S
015 C010409 MILAN
015 D010409 ITALY
015 E040409 X
015 A000410 CHASE MANHATTAN BANK, N.A.
015 B000410 S
015 C010410 TOKYO
015 D010410 JAPAN
015 E040410 X
015 A000411 ABN AMRO BANK
015 B000411 S
015 C010411 NETHERLANDS
015 D010411 NETHERLANDS
015 E040411 X
015 A000412 NATIONAL AUSTRALIA BANK LIMITED
015 B000412 S
<PAGE> PAGE 25
015 C010412 AUCKLAND
015 D010412 NEW ZEALAND
015 E040412 X
015 A000413 DEN NORSKE CREDITBANK
015 B000413 S
015 C010413 OSLO
015 D010413 NORWAY
015 E040413 X
015 A000414 BANQUE BRUXELLES LAMBERT S.A.
015 B000414 S
015 C010414 MADRID
015 D010414 SPAIN
015 E040414 X
015 A000415 SKANDINAVISKA ENSKILDA BANKEN
015 B000415 S
015 C010415 STOCKHOLM
015 D010415 SWEDEN
015 E040415 X
015 A000416 UNION BANK OF SWITZERLAND
015 B000416 S
015 C010416 ZURICH
015 D010416 SWITZERLAND
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015 A000417 CHASE MANHATTAN, N.A.
015 B000417 S
015 C010417 LONDON
015 D010417 UNITED KINGDOM
015 E040417 X
018 000400 N
019 A000400 Y
019 B000400 22
019 C000400 PAINEWEBBE
024 000400 N
028 A010400 812
028 A020400 654
028 A030400 0
028 A040400 8353
028 B010400 850
028 B020400 654
028 B030400 0
028 B040400 11782
028 C010400 5532
028 C020400 697
028 C030400 0
028 C040400 23098
028 D010400 2301
028 D020400 0
028 D030400 0
028 D040400 13379
028 E010400 281
028 E020400 4302
<PAGE> PAGE 26
028 E030400 0
028 E040400 11827
028 F010400 733
028 F020400 545
028 F030400 0
028 F040400 10984
028 G010400 10509
028 G020400 6852
028 G030400 0
028 G040400 79423
028 H000400 7935
029 000400 Y
030 A000400 9
030 B000400 2.25
030 C000400 0.00
031 A000400 5
031 B000400 0
032 000400 0
033 000400 4
034 000400 N
035 000400 0
036 B000400 0
037 000400 N
038 000400 0
039 000400 N
040 000400 Y
041 000400 Y
042 A000400 0
042 B000400 0
042 C000400 100
042 D000400 0
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 0
043 000400 254
044 000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.700
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
<PAGE> PAGE 27
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
049 000400 N
050 000400 N
051 000400 N
052 000400 N
053 A000400 N
054 A000400 Y
054 B000400 Y
054 C000400 Y
054 D000400 N
054 E000400 N
054 F000400 N
054 G000400 Y
054 H000400 Y
054 I000400 N
054 J000400 Y
054 K000400 N
054 L000400 N
054 M000400 Y
054 N000400 N
054 O000400 Y
055 A000400 Y
055 B000400 N
056 000400 Y
057 000400 N
058 A000400 N
059 000400 Y
060 A000400 Y
060 B000400 Y
061 000400 1000
062 A000400 Y
062 B000400 0.0
062 C000400 0.0
062 D000400 2.6
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 7.7
<PAGE> PAGE 28
062 K000400 0.1
062 L000400 19.9
062 M000400 0.0
062 N000400 19.7
062 O000400 0.0
062 P000400 1.5
062 Q000400 58.4
062 R000400 0.0
063 A000400 0
063 B000400 7.2
064 A000400 N
064 B000400 N
066 A000400 N
067 000400 N
068 A000400 N
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 Y
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 N
070 Q020400 N
<PAGE> PAGE 29
070 R010400 Y
070 R020400 N
071 A000400 240782
071 B000400 269257
071 C000400 147747
071 D000400 163
072 A000400 6
072 B000400 5450
072 C000400 0
072 D000400 0
072 E000400 0
072 F000400 598
072 G000400 0
072 H000400 0
072 I000400 54
072 J000400 105
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072 M000400 5
072 N000400 16
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072 R000400 15
072 S000400 3
072 T000400 253
072 U000400 24
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072 W000400 7
072 X000400 1091
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072 Z000400 4359
072AA000400 0
072BB000400 1346
072CC010400 5502
072CC020400 0
072DD010400 6155
072DD020400 1803
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 7140
074 B000400 3637
074 C000400 39041
074 D000400 112491
074 E000400 0
074 F000400 0
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074 H000400 0
<PAGE> PAGE 30
074 I000400 2396
074 J000400 21814
074 K000400 0
074 L000400 2522
074 M000400 140
074 N000400 189181
074 O000400 40267
074 P000400 115
074 Q000400 0
074 R010400 0
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074 R030400 0
074 R040400 7387
074 S000400 0
074 T000400 141412
074 U010400 9087
074 U020400 2702
074 V010400 0.00
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074 W000400 0.0000
074 X000400 5401
074 Y000400 0
075 A000400 0
075 B000400 171784
076 000400 0.00
008 A000501 MITCHELL HUTCHINS ASSET MANAGEMENT, INC.
008 B000501 A
008 C000501 801-13219
008 D010501 NEW YORK
008 D020501 NY
008 D030501 10019
010 A000501 MITCHELL HUTCHINS ASSET MANAGEMENT INC
010 B000501 801-13219
010 C010501 NEW YORK
010 C020501 NY
010 C030501 10019
011 A000501 PAINEWEBBER INCORPORATED
011 B000501 8-16267
011 C010501 NEW YORK
011 C020501 NY
011 C030501 10019
012 A000501 PFPC, INC.
012 B000501 84-00000
012 C010501 WILMINGTON
012 C020501 DE
012 C030501 19809
013 A000501 DELOITTE & TOUCHE LLP
013 B010501 NEW YORK
013 B020501 NY
013 B030501 10281
014 A000501 PAINEWEBBER INCORPORATED
<PAGE> PAGE 31
014 B000501 8-16267
015 A000501 INVESTORS FIDUCIARY TRUST CO.
015 B000501 C
015 C010501 KANSAS CITY
015 C020501 MO
015 C030501 64105
015 E060501 X
018 000500 Y
019 A000500 Y
019 B000500 22
019 C000500 PAINEWEBBE
024 000500 N
028 A010500 543
028 A020500 51
028 A030500 0
028 A040500 15414
028 B010500 108
028 B020500 153
028 B030500 0
028 B040500 10468
028 C010500 76
028 C020500 140
028 C030500 0
028 C040500 4121
028 D010500 40
028 D020500 98
028 D030500 0
028 D040500 5401
028 E010500 261
028 E020500 98
028 E030500 0
028 E040500 2024
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028 F020500 96
028 F030500 0
028 F040500 2671
028 G010500 1236
028 G020500 636
028 G030500 0
028 G040500 40099
028 H000500 539
029 000500 Y
030 A000500 2
030 B000500 2.25
030 C000500 0.00
031 A000500 1
031 B000500 0
032 000500 0
033 000500 1
034 000500 N
035 000500 0
<PAGE> PAGE 32
036 B000500 0
037 000500 N
038 000500 0
039 000500 N
040 000500 Y
041 000500 Y
042 A000500 0
042 B000500 0
042 C000500 100
042 D000500 0
042 E000500 0
042 F000500 0
042 G000500 0
042 H000500 0
043 000500 84
044 000500 0
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
049 000500 N
050 000500 N
051 000500 N
052 000500 N
053 A000500 Y
053 B000500 Y
054 A000500 Y
054 B000500 Y
054 C000500 Y
<PAGE> PAGE 33
054 D000500 N
054 E000500 N
054 F000500 N
054 G000500 Y
054 H000500 Y
054 I000500 N
054 J000500 Y
054 K000500 N
054 L000500 N
054 M000500 Y
054 N000500 N
054 O000500 Y
055 A000500 Y
055 B000500 N
056 000500 Y
057 000500 N
058 A000500 N
059 000500 Y
060 A000500 Y
060 B000500 Y
061 000500 1000
062 A000500 Y
062 B000500 54.1
062 C000500 0.0
062 D000500 4.7
062 E000500 0.0
062 F000500 0.0
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062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
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062 M000500 0.0
062 N000500 50.5
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
063 A000500 0
063 B000500 11.4
064 A000500 Y
064 B000500 N
066 A000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 Y
070 B010500 Y
<PAGE> PAGE 34
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 N
070 Q020500 N
070 R010500 Y
070 R020500 N
071 A000500 35249
071 B000500 82480
071 C000500 36135
071 D000500 98
072 A000500 6
072 B000500 1347
072 C000500 0
072 D000500 0
072 E000500 0
072 F000500 117
072 G000500 0
072 H000500 0
072 I000500 15
072 J000500 18
072 K000500 0
072 L000500 17
072 M000500 5
072 N000500 16
<PAGE> PAGE 35
072 O000500 0
072 P000500 0
072 Q000500 0
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072 S000500 7
072 T000500 73
072 U000500 24
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072 Y000500 63
072 Z000500 1099
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072BB000500 1619
072CC010500 271
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072DD010500 942
072DD020500 157
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 0
074 B000500 1612
074 C000500 18498
074 D000500 17296
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 4482
074 K000500 0
074 L000500 294
074 M000500 146
074 N000500 42328
074 O000500 7594
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074 Q000500 0
074 R010500 0
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074 R030500 0
074 R040500 494
074 S000500 0
074 T000500 34222
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<PAGE> PAGE 36
074 X000500 648
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075 A000500 0
075 B000500 46849
076 000500 0.00
SIGNATURE JULIAN SLUYTERS
TITLE TREASURER
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<EXPENSES-NET> (1,269,548)
<NET-INVESTMENT-INCOME> (156,865)
<REALIZED-GAINS-CURRENT> (747,493)
<APPREC-INCREASE-CURRENT> (14,369,480)
<NET-CHANGE-FROM-OPS> (15,273,838)
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<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (12,882,410)
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<PER-SHARE-NII> (.02)
<PER-SHARE-GAIN-APPREC> (1.44)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.26)
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<PER-SHARE-NAV-END> 14.26
<EXPENSE-RATIO> 1.65
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000873803
<NAME> MITCHELL HUTCHINS/KIDDER PEABODY INVESTMENT TRUST
<SERIES>
<NUMBER> 102
<NAME> GLOBAL EQUITY FUND CLASS B
<S> <C>
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<PERIOD-START> SEP-01-1994
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