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<PAGE> PAGE 2
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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 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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070 R010300 N
070 R020300 N
071 A000300 14892
071 B000300 2623
071 C000300 57166
071 D000300 5
072 A000300 6
072 B000300 14
072 C000300 664
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072 F000300 142
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072 I000300 25
072 J000300 38
072 K000300 4
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072 S000300 2
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<PAGE> PAGE 21
072AA000300 597
072BB000300 0
072CC010300 6480
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072DD010300 21
072DD020300 258
072EE000300 3670
073 A010300 0.0000
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073 B000300 1.0555
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074 B000300 720
074 C000300 0
074 D000300 0
074 E000300 0
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074 N000300 73356
074 O000300 1033
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074 S000300 0
074 T000300 72058
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074 U020300 4310
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075 B000300 57075
076 000300 0.00
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008 B000401 A
008 C000401 801-83734
008 D010401 WASHINGTON
008 D020401 DC
008 D030401 20006
015 A000401 STATE STREET BANK & TRUST COMPANY
<PAGE> PAGE 22
015 B000401 C
015 C010401 NORTH QUINCY
015 C020401 MA
015 C030401 02171
015 E010401 X
015 A000402 CHASE MANHATTAN BANK AUSTRALIA LTD
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 GERNERALE 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. TOKYO
015 B000410 S
015 C010410 TOKYO
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<PAGE> PAGE 23
015 B000411 S
015 C010411 NETHERLANDS
015 D010411 NETHERLANDS
015 E040411 X
015 A000412 NATIONAL AUSTRALIA BANK LIMITED
015 B000412 S
015 C010412 AUCKLAND
015 D010412 NEW ZEALAND
015 E040412 X
015 A000413 DEN NORSKE CREDITBANK
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015 C010413 OSLO
015 D010413 NORWAY
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015 A000414 BANQUE BRUXELLES LAMBERT S.A.
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015 C010414 MADRID
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015 A000415 SKANINAVISKA ENSKILDA BANKEN
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015 C010415 STOCKHOLM
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015 D010416 SWITZERLAND
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028 A010400 506
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028 B020400 3669
028 B030400 0
028 B040400 69424
028 C010400 0
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<PAGE> PAGE 24
028 E020400 0
028 E030400 0
028 E040400 0
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031 B000400 0
032 000400 0
033 000400 6
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 0
042 D000400 0
042 E000400 0
042 F000400 0
042 G000400 0
042 H000400 100
043 000400 36
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
<PAGE> PAGE 25
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
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
062 A000400 Y
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
<PAGE> PAGE 26
063 A000400 0
063 B000400 0.0
066 A000400 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
070 R010400 Y
070 R020400 N
071 A000400 4291
071 B000400 13594
071 C000400 50392
071 D000400 9
072 A000400 6
072 B000400 748
072 C000400 0
072 D000400 0
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<PAGE> PAGE 27
072 I000400 12
072 J000400 40
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072 T000400 36
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072CC010400 923
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072DD010400 2771
072DD020400 1390
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 0
074 B000400 0
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 0
074 M000400 0
074 N000400 0
074 O000400 0
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 0
074 S000400 0
<PAGE> PAGE 28
074 T000400 0
074 U010400 0
074 U020400 0
074 V010400 0.00
074 V020400 0.00
074 W000400 0.0000
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075 A000400 0
075 B000400 69342
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
015 A000501 INVESTORS FIDUCIARY TRUST CO.
015 B000501 C
015 C010501 KANSAS CITY
015 C020501 MO
015 C030501 64105
015 E050501 X
028 A010500 1
028 A020500 7
028 A030500 0
028 A040500 144
028 B010500 2
028 B020500 34
028 B030500 0
028 B040500 23831
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028 F030500 0
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028 G010500 3
028 G020500 41
028 G030500 0
028 G040500 23975
<PAGE> PAGE 29
028 H000500 3
029 000500 Y
030 A000500 0
030 B000500 2.25
030 C000500 0.00
031 A000500 0
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032 000500 0
033 000500 0
034 000500 N
035 000500 0
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
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043 000500 2
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045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.500
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048 E020500 0.000
048 F010500 0
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048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
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048 J020500 0.000
<PAGE> PAGE 30
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
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 N
062 A000500 Y
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
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062 F000500 0.0
062 G000500 0.0
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063 A000500 0
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064 A000500 Y
064 B000500 N
066 A000500 N
067 000500 N
068 A000500 N
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070 A010500 Y
<PAGE> PAGE 31
070 A020500 Y
070 B010500 Y
070 B020500 N
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070 C020500 N
070 D010500 Y
070 D020500 N
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070 E020500 N
070 F010500 Y
070 F020500 N
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070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 Y
070 I020500 N
070 J010500 Y
070 J020500 N
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070 K020500 N
070 L010500 Y
070 L020500 N
070 M010500 Y
070 M020500 N
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070 P020500 N
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071 A000500 0
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072 A000500 2
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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SIGNATURE JULIAN SLUYTERS
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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<NAME> PAINEWEBBER INVESTMENT TRUST
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<NAME> PAINEWEBBER GLOBAL EQUITY FUND
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
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<NAME> PAINEWEBBER INVESTMENT TRUST
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<NUMBER-OF-SHARES-REDEEMED> (2,164)
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<ACCUMULATED-GAINS-PRIOR> (4,657)
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000873803
<NAME> PAINEWEBBER INVESTMENT TRUST
<SERIES>
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<NAME> PAINEWEBBER GLOBAL EQUITY C
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<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 579
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<PER-SHARE-NII> (0.11)
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<PER-SHARE-NAV-END> 15.86
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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MITCHELL HUTCHINS/KIDDER, PEABODY INVESTMENT TRUST
(formerly, Kidder, Peabody Investment Trust)
ESTABLISHMENT AND DESIGNATION OF CLASSES
WHEREAS, Section 5.11 of the Declaration of Trust of the Mitchell
Hutchins/Kidder, Peabody Investment Trust (the "Trust"), dated the 28th
day of March 1991 (as amended from time to time, the "Declaration"),
provides that the Trustees may classify or reclassify an unlimited number of
shares of beneficial interest , $0.001 per share, of any series of the Trust
into one or more classes of such series;
WHEREAS, pursuant thereto, the Trustees of the Trust classified the
shares of Mitchell Hutchins/Kidder, Peabody Global Equity Fund (the "Fund"),
a series of the Trust, into Class A Shares, Class B shares and Class C shares
pursuant to an Establishment and Designation of Classes filed with the
Secretary of State of the Commonwealth of Massachusetts on February
2, 1993;
WHEREAS, the Board of Trustees at a meeting held on April 26,
1995, duly resolved, by majority vote, to further divide an unlimited number
of unissued shares or previously issued and reacquired shares of beneficial
interest of the Fund into a new class of shares;
NOW, THEREFORE, an unlimited number of unissued shares and
previously issued and reacquired shares of beneficial interest of the Fund are
hereby established and designated as Mitchell Hutchins/Kidder, Peabody
Global Equity Fund Class E Shares (the "Class E shares") which Class E
shares shall be entitled to have the relative rights and preferences accorded
to Shares under the Declaration, and shall have further rights and preferences
as are set forth below:
(1) The proceeds of the redemption of a Class E share (including a
fractional share) shall be reduced by the amount of any applicable contingent
deferred sales charge payable on such redemption to the distributor of the
Class E shares pursuant to the terms of the issuance of the shares (to the
extent consistent with the Investment Company Act of 1940, as amended,
or regulations or exemptions thereunder) and the Trust shall promptly pay
to such distributor the amount of such contingent deferred sales charge.
(2) (a) Each Class E share, other than a share purchased through
the reinvestment of a dividend or a distribution with respect to the Class E
share, shall be converted automatically, and without any action or choice
on the part of the holder thereof, into Class A shares, based on the relative
net asset value of each such class at the time of the calculation of the net
asset value of such class of shares on the date that is the first Business
Day (as defined in the Fund's prospectus and/or statement of additional
information) of the month in which the sixth anniversary of the issuance of
such Class E shares occurs (which, for the purpose of calculating the holding
period required for conversion , shall mean (i) the date on which the issuance
of such Class E shares occurred or (ii) for Class E shares obtained through an
exchange, the date on which the issuance of the Class B shares of an eligible
PaineWebber fund occurred, if such shares were exchanged directly, or
through a series of exchanges for the Fund's Class E shares (the
"Conversion Date").
(b) Each Class E share purchased through the reinvestment of a
dividend or a distribution with respect to the Class E shares and the
dividends and distributions on such shares shall be segregated
in a separate sub-account on the stock records of the Fund for each of the
holders of record thereof.
On any Conversion Date, a number of the shares held in the sub-account of
the holder of record of the share or shares being converted, calculated in
accordance with the next following sentence, shall be converted automatically,
and without any action or choice on the part of the holder thereof, into
Class A shares. The number of shares in the holder's sub-account so converted
shall bear the same relation to the total number of shares maintained in the
sub-account on the Conversion Date as the number of shares of the holder
converted on the Conversion Date pursuant to Paragraph (2)(a) hereof bears
to the total number of Class E shares of the holder on the Conversion Date
not purchased through the automatic reinvestment of dividends or
distributions with respect to the Class E shares.
(c) the number of Class A shares into which a Class E share is converted
pursuant to paragraphs (2)(a) and (2)(b) hereof shall equal the number
(including for this purpose fractions of a share) obtained by dividing the
net asset value per share of the Class E shares for purposes of sales and
redemptions thereof at the time of the calculation of the net asset value on
the Conversion Date by the net asset value per share of the Class A shares for
the purposes of sales and redemption thereof at the time of the calculation
of the net asset value on the Conversion Date.
d) On the Conversion Date, the Class E shares converted into Class
A shares will cease to accrue dividends and will no longer be outstanding and
the rights of the holders thereof will cease (except the right to receive
declared but unpaid dividends to the Conversion Date).
(e) For purposes of Paragraph (2)(a) (ii) above the term "eligible
PaineWebber fund" includes any and all mutual funds for which PaineWebber
Incorporated or Mitchell Hutchins Asset Management Inc. serves as investment
adviser that offer shares with a contingent deferred sales charge imposed upon
certain redemptions of such shares and that are exchangeable with the Fund's
Class E shares.
(3)(a) The purchase price of the Class E shares, (b) the price,
additional terms and manner of redemption of the Class E shares, (c) the
determination of the net asset value of the Class E shares, and (d) the
relative dividend rights of holders of Class E shares shall be established by
the Trustees of the Trust in accordance with the Declaration and shall be set
forth in the then currently effective prospectus and statement of additional
information of the Trust relating to the Fund, as amended from time to time,
under the Securities Act of 1933, as amended.
IN WITNESS WHEREOF, the undersigned, being the Secretary of
the Trust, has hereunto set her hand this 8th day of June, 1995.
Dianne O'Donnell
Secretary
For the period ended February 29, 1996 Attachment 77I
File Number 811-7630
PaineWebber Investment Trust - PaineWebber Global Equity Fund
The Fund has taken actions during the period covered by this report in an
attempt to conform the nomenclature used for its share classes with the
uniform nomenclature system suggested by the Investment Company
Institute.
Shares of the Fund outstanding prior to November 10, 1995, that had been
designated Class E shares were redesignated Class B shares as of that
date. The Fund continues to offer a class of shares having
characteristics substantially similar to those which were previously
designated Class E shares prior to November 10, 1995, but these shares
are now named Class B shares.
Shares of the Fund outstanding prior to November 10, 1995, that had been
designated Class B shares were redesignated Class C shares as of that
date. The Fund continues to offer a class of shares having
characteristics substantially similar to those which were previously
designated Class B shares prior to
November 10, 1995, but these shares are now named Class C shares.
In addition, shares of the Fund outstanding prior to November 10, 1995,
that had been designated Class C shares were redesignated Class Y shares
as of that date. The Fund continues to offer a class of shares having
characteristics substantially similar to those which were previously
designated Class C shares prior to November 10, 1995, but these shares
are now named Class Y shares.
The current Prospectus and Statement of Additional Information of the Fund
contain a complete description of the above referenced A, B and C share
classes and are hereby incorporated by reference to the Registrant's
Registration Statement filed with the Securities and Exchange
Commission through EDGAR on December 22, 1995,
(Accession No. : 0000950130-95-002789) in response
to this Item 77I of Form N-SAR.
A separate Prospectus and Statement of Additional Information of the
Fund contain a complete description of the above referenced Class Y shares
and are hereby incorporated by reference to the Registrant's Registration
Statement filed with the Securities and Exchange Commission through EDGAR on
December 22, 1995, (Accession No. : 0000950130-95-002789) in response to
this Item 77I of Form N-SAR.
MITCHELL HUTCHINS/KIDDER, PEABODY INVESTMENT TRUST
(formerly, Kidder, Peabody Investment Trust)
ESTABLISHMENT AND DESIGNATION OF CLASSES
WHEREAS, Section 5.11 of the Declaration of Trust of the Mitchell
Hutchins/Kidder, Peabody Investment Trust (the "Trust"), dated the 28th
day of March 1991 (as amended from time to time, the "Declaration"),
provides that the Trustees may classify or reclassify an unlimited number
of shares of beneficial interest , $0.001 per share, of any series of the
Trust into one or more classes of such series;
WHEREAS, pursuant thereto, the Trustees of the Trust previously
classified the shares of PaineWebber Tactical Allocation Fund (formerly,
Mitchell Hutchins/Kidder, Peabody Asset Allocation Fund), (the "Fund"),
a series of the Trust, into Class A Shares, Class B shares and Class C shares;
WHEREAS, the Board of Trustees at a meeting held on August 30,
1995, duly resolved, by majority vote, to rename currently issued and
outstanding Class B shares as Class C shares, to rename currently issued
and outstanding Class C shares as Class Y shares without thereby changing
the relative rights and preferences of such shares and to further divide an
unlimited number of unissued shares or previously issued and reacquired
shares of beneficial interest of the Fund into a new class of Class B shares;
NOW, THEREFORE, all currently issued and outstanding Class B
shares are hereby denominated as Class C shares and shall continue to be
entitled to have the relative rights and preferences accorded to such shares
prior to such denomination;
THEREFORE, all currently issued and outstanding Class C shares
are hereby denominated as Class Y shares and shall continue to be entitled
to have the relative rights and preferences accorded to such shares prior to
such denomination; and
THEREFORE, an unlimited number of unissued shares and previously
issued and reacquired shares of beneficial interest of the Fund are hereby
established and designated as PaineWebber Tactical Allocation Fund Class B
Shares (the "Class B shares") which Class B shares shall be entitled to have
the relative rights and preferences accorded to Shares under the Declaration,
and shall have further rights and preferences as are set forth below:
(1) The proceeds of the redemption of a Class B share (including a
fractional share) shall be reduced by the amount of any applicable contingent
deferred sales charge payable on such redemption to the distributor of the
Class B shares pursuant to the terms of the issuance of the shares (to the
extent consistent with the Investment Company Act of 1940, as amended,
or regulations or exemptions thereunder) and the Trust shall promptly pay to
such distributor the amount of such contingent deferred sales charge.
(2) (a) Each Class B share, other than a share purchased through
the reinvestment of a dividend or a distribution with respect to the Class B
share, shall be converted automatically, and without any action or choice
on the part of the holder thereof, into Class A shares, based on the relative
net asset value of each such class at the time of the calculation of the net
asset value of such class of shares on the date that is the first Business Day
(as defined in the Fund's prospectus and/or statement of additional
information) of the month in which the sixth anniversary of the issuance of
such Class B shares occurs (which, for the purpose of calculating the holding
period required for conversion , shall mean (i) the date on which the issuance
of such Class E shares occurred or (ii) for Class B shares obtained through
an exchange, the date on which the issuance of the Class B shares of an
eligible PaineWebber fund occurred, if such shares were exchanged directly,
or through a series of exchanges for the Fund's Class B shares
(the "Conversion Date").
(b) Each Class B share purchased through the reinvestment of a
dividend or a distribution with respect to the Class B shares and the
dividends and distributions on such shares shall be segregated in a
separate sub-account on the stock records of the Fund for each of the
holders of record thereof. On any Conversion Date, a number of the shares
held in the sub-account of the holder of record of the share or shares being
converted, calculated in accordance with the next following sentence,
shall be converted automatically, and without any action or choice on the
part of the holder thereof, into Class A shares. The number of shares in
the holder's sub-account so converted shall bear the same relation to the
total number of shares maintained in the sub-account
on the Conversion Date as the number of shares of the holder converted on
the Conversion Date pursuant to Paragraph (2)(a) hereof bears to the
total number of Class B shares of the holder on the Conversion Date not
purchased through the automatic reinvestment of dividends or distributions
with respect to the Class B shares.
(c) the number of Class A shares into which a Class B share is
converted pursuant to paragraphs (2)(a) and (2)(b) hereof shall equal the
number (including for this purpose fractions of a share) obtained by dividing
the net asset value per share of the Class E shares for purposes of sales and
redemptions thereof at the time of the calculation of the net asset value
on the Conversion Date by the net asset value per share of the Class A
shares for the purposes of sales and redemption thereof at the time of
the calculation of the net asset value on the Conversion Date.
(d) On the Conversion Date, the Class B shares converted into Class
A shares will cease to accrue dividends and will no longer be outstanding
and the rights of the holders thereof will cease (except the right to
receive declared but unpaid dividends to the Conversion Date).
(e) For purposes of Paragraph (2)(a) (ii) above the term "eligible
PaineWebber fund" includes any and all mutual funds for which PaineWebber
Incorporated or Mitchell Hutchins Asset Management Inc. serves as investment
adviser that offer shares with a contingent deferred sales charge imposed upon
certain redemptions of such shares and that are exchangeable with the
Fund's Class B shares.
(3)(a) The purchase price of the Class B shares, (b) the price, additional
terms and manner of redemption of the Class B shares, (c) the determination
of the net asset value of the Class B shares, and (d) the relative dividend
rights of holders of Class B shares shall be established by the Trustees of
the Trust in accordance with the Declaration and shall be set forth in the
then currently effective prospectus and statement of additional information
of the Trust relating to the Fund, as amended from time to time, under the
Securities Act of 1933, as amended.
IN WITNESS WHEREOF, the undersigned, being the Secretary
of the Trust, has hereunto set her hand this 20th day of November, 1995.
Trustee
For period ending February 29, 1996 Attachment 77C
File Number 811-6292
Mitchell Hutchins/Kidder, Peabody Intermediate Fixed Income Fund
A special meeting of shareholders was held on October 19, 1995,
at which the following proposal was approved:
To vote for or against the approval of an Agreement and Plan
of Reorganization and
Termination between
PaineWebber U.S.
Government Income Fund and Mitchell
Hutchins/Kidder,
Peabody Intermediate Fixed Income Fund.
Shares For
Voted
Shares For as a
% of Total
Shares Voted
Shares Against
Shares
Withhold
Authority
749,842
93.24%
13,096
41,230
For period ending February 29, 1996 Attachment 77C
File Number 811-6292
Mitchell Hutchins/Kidder, Peabody Global Fixed Income Fund
A special meeting of shareholders was held on October 5,
1995, at which the following proposal was approved:
To vote for or against the approval of an Agreement and
Plan of Reorganization and Termination between
PaineWebber Global Income Fund and
Mitchell Hutchins/Kidder, Peabody Global
Fixed Income Fund.
Shares For
Voted
Shares For as a
% of Total
Shares Voted
Shares
Voted
Against
Shares
Withhold
Authority
3,109,189
92.08%
75,478
192,068
For period ending February 29, 1996 Attachment 77C
File Number 811-6292
Mitchell Hutchins/Kidder, Peabody Adjustable Rate Government Fund
A special meeting of shareholders was held on October 19, 1995, at which
the following proposal was approved:
To vote for or against the approval of an Agreement and Plan of Re-
organization andTermination between PaineWebber Short-Term
U.S. Government Income Fund and Mitchell Hutchins/Kidder,
Peabody Adjustable Rate Government Fund.
Shares For
Voted
Shares For as
a % of Total
Shares Voted
Shares
Voted
Against
Shares
Withhold
Authority
1,305,139
98.88%
3,478
11,326
For the period ended February 29, 1996 Exhibit 77I
File Number 811-6292
PaineWebber Investment Trust - PaineWebber Tactical Allocation Fund
The Fund has taken actions during the period covered by this report in an
attempt to conform the nomenclature used for its share classes with the
uniform nomenclature system suggested by the Investment Company Institute.
Shares of the Fund outstanding prior to November 10, 1995, that had
been designated Class B shares were redesignated Class C shares as of that
date. The Fund continues to offer a class of shares having characteristics
substantially similar to those which were previously designated Class B
shares prior to November 10, 1995, but these shares are now named Class C
shares.
In addition, shares of the Fund outstanding prior to November 10, 1995,
that had been designated Class C shares were redesignated Class Y shares
as of that date. The Fund continues to offer a class of shares having
characteristics substantially similar to those which were previously
designated Class C shares prior to November 10, 1995, but these shares
are now named Class Y shares.
On January 1, 1996, the Fund commenced offering a new class of shares.
These new shares carry the designation Class B shares and may be subject
to a contingent deferred sales charge if redeemed within a certain number
of years of purchase.
The current Prospectus of the Fund contains a complete description of the
above referenced A, B and C share classes and is hereby incorporated by
reference to the Registrant's 497 filing which was filed with the
Securities and Exchange Commission through EDGAR on January 11, 1996,
(Accession No. : 0000950117-96-000029) in response to this Item 77I
of Form N-SAR.
A separate Prospectus of the Fund contains a complete description of
the above referenced Class Y shares and is hereby incorporated by reference
to the Registrant's 497 filing which was filed with the Securities
and Exchange Commission through EDGAR on January 11, 1996, (Accession
No. : 0000950117-96-000029) in response to this Item 77I of Form N-SAR.
The current Statement of Additional Information of the Fund contains
a complete description of the above referenced A, B, C and Y share classes
and is hereby incorporated by reference to the Registrant's 497 filing which
was filed with the Securities and Exchange Commission through EDGAR on
January 11, 1996, (Accession No. : 0000950117-96-000029) in response to this
Item 77I of Form N-SAR.
