PAINEWEBBER SECURITIES TRUST
NSAR-A, 1999-07-30
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<PAGE>      PAGE  1
000 A000000 05/31/99
000 C000000 0000894632
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 I000000 3.0
000 J000000 A
001 A000000 PAINEWEBBER SECURITIES TRUST
001 B000000 811-7374
001 C000000 2127133041
002 A000000 1285 AVE OF THE AMERICAS
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10019
003  000000 N
004  000000 N
005  000000 N
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007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
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008 A00AA01 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
008 B00AA01 A
008 C00AA01 801-13219
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10019
010 A00AA01 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
010 B00AA01 801-13219
010 C01AA01 NEW YORK
010 C02AA01 NY
010 C03AA01 10019
011 A00AA01 PAINEWEBBER INC.
011 B00AA01 8-16267
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10019
012 A00AA01 PFPC INCORPORATED
<PAGE>      PAGE  2
012 B00AA01 84-0000000
012 C01AA01 WILMINGTON
012 C02AA01 MA
012 C03AA01 19809
013 A00AA01 PRICE WATERHOUSE COOPERS LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10036
014 A00AA01 PAINEWEBBER INC.
014 B00AA01 8-16267
014 A00AA02 MITCHELL HUTCHINS ASSET MANAGEMENT INC.
014 B00AA02 8-21901
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 NORTH QUINCY
015 C02AA01 MA
015 C03AA01 02171
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022 B000001 04-1867445
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022 A000002 WARBURG,S.G. & CO, INC
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022 A000003 SALOMON BROTHERS INC
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022 A000005 DRESDNER GILTS
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SIGNATURE   PAUL SCHUBERT
TITLE       TREASURER


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000894632
<NAME> PAINEWEBBER SECURITIES TRUST
<SERIES>
   <NUMBER> 1
   <NAME> PAINEWEBBER STRATEGIC INCOME FUND CLASS A
<MULTIPLIER> 1,000

<S>                             <C>
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[AVG-DEBT-OUTSTANDING]                                  0
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000894632
<NAME> PAINEWEBBER SECURITIES TRUST
<SERIES>
   <NUMBER> 2
   <NAME> PAINEWEBBER STRATEGIC INCOME FUND CLASS B
<MULTIPLIER> 1,000

<S>                             <C>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000894632
<NAME> PAINEWEBBER SECURITIES TRUST
<SERIES>
   <NUMBER> 3
   <NAME> PAINEWEBBER STRATEGIC INCOME FUND CLASS C
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<S>                             <C>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000894632
<NAME> PAINEWEBBER SECURITIES TRUST
<SERIES>
   <NUMBER> 4
   <NAME> PAINEWEBBER STRATEGIC INCOME FUND CLASS Y
<MULTIPLIER> 1,000

<S>                             <C>
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<AVERAGE-NET-ASSETS>                               906
<PER-SHARE-NAV-BEGIN>                             9.05
<PER-SHARE-NII>                                   0.32
<PER-SHARE-GAIN-APPREC>                          (0.17)
<PER-SHARE-DIVIDEND>                             (0.37)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.83
<EXPENSE-RATIO>                                   1.06
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0



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