WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000894632
<NAME> PAINEWEBBER SECURITIES TRUS
<SERIES>
<NUMBER> 2
<NAME> PAINEWEBBER SMALL CAP FUND CLASS B
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<S> <C>
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<NET-CHANGE-IN-ASSETS> (3,313)
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</TABLE>
