WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
MSDW NEW YORK QUALITY MUNICIPAL SECURITIES (IQN)
</LEGEND>
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> OCTOBER 31, 2000
<PERIOD-END> OCTOBER 31, 2000
<INVESTMENTS-AT-COST> 93,686,048
<INVESTMENTS-AT-VALUE> 93,724,691
<RECEIVABLES> 1,425,315
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 41,114
<TOTAL-ASSETS> 95,191,120
<PAYABLE-FOR-SECURITIES> (3,759,083)
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (99,240)
<TOTAL-LIABILITIES> (3,858,323)
<SENIOR-EQUITY> 24,000,000
<PAID-IN-CAPITAL-COMMON> 69,641,546
<SHARES-COMMON-STOCK> 4,876,213
<SHARES-COMMON-PRIOR> 4,988,513
<ACCUMULATED-NII-CURRENT> 201,335
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,548,727)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 38,643
<NET-ASSETS> 91,332,797
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 5,032,086
<OTHER-INCOME> 0
<EXPENSES-NET> (571,729)
<NET-INVESTMENT-INCOME> 4,460,357
<REALIZED-GAINS-CURRENT> (205,571)
<APPREC-INCREASE-CURRENT> 4,203,700
<NET-CHANGE-FROM-OPS> 8,458,486
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,749,823)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> (112,300)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 2,329,088
<ACCUMULATED-NII-PRIOR> 490,801
<ACCUMULATED-GAINS-PRIOR> (2,343,156)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (313,727)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (578,212)
<AVERAGE-NET-ASSETS> 65,146,455
<PER-SHARE-NAV-BEGIN> 13.03
<PER-SHARE-NII> 1.02
<PER-SHARE-GAIN-APPREC> 0.72
<PER-SHARE-DIVIDEND> (0.96)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.81
<EXPENSE-RATIO> 0.88%
</TABLE>