PAINEWEBBER MANAGED ASSETS TRUST
NSAR-B/A, EX-27, 2000-10-30
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<TABLE> <S> <C>

<ARTICLE> 6
<RESTATED>
<CIK> 0000878089
<NAME> PAINEWEBBER MANAGED ASSETS TRUST
<SERIES>
   <NUMBER> 1
   <NAME> MID CAP FUND  CLASS B
<MULTIPLIER> 1000

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          AUG-31-2000
<PERIOD-START>                             SEP-01-1999
<PERIOD-END>                               AUG-31-2000
<INVESTMENTS-AT-COST>                            20849
<INVESTMENTS-AT-VALUE>                           35227
<RECEIVABLES>                                       33
<ASSETS-OTHER>                                       2
<OTHER-ITEMS-ASSETS>                              4270
<TOTAL-ASSETS>                                   39532
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         4396
<TOTAL-LIABILITIES>                               4396
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         16780
<SHARES-COMMON-STOCK>                             2121
<SHARES-COMMON-PRIOR>                             2651
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           3977
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         14378
<NET-ASSETS>                                     35135
<DIVIDEND-INCOME>                                   79
<INTEREST-INCOME>                                  104
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     499
<NET-INVESTMENT-INCOME>                          (316)
<REALIZED-GAINS-CURRENT>                          4368
<APPREC-INCREASE-CURRENT>                        10160
<NET-CHANGE-FROM-OPS>                            14212
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                        (2080)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1019
<NUMBER-OF-SHARES-REDEEMED>                        643
<SHARES-REINVESTED>                                156
<NET-CHANGE-IN-ASSETS>                            8511
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                         2258
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              294
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    693
<AVERAGE-NET-ASSETS>                             32435
<PER-SHARE-NAV-BEGIN>                            10.59
<PER-SHARE-NII>                                 (0.25)
<PER-SHARE-GAIN-APPREC>                           7.15
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                       (0.93)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.56
<EXPENSE-RATIO>                                   2.28



</TABLE>


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