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002 B000000 SHAWNEE MISSION
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<PAGE> PAGE 2
011 C040001 4200
012 A000001 WADDELL & REED SERVICES COMPANY
012 B000001 84-1062
012 C010001 OVERLAND PARK
012 C020001 KS
012 C030001 66202
012 C040001 4200
013 A000001 DELOITTE & TOUCHE LLP
013 B010001 KANSAS CITY
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<PAGE> PAGE 3
020 B000001 13-3443395
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020 A000003 ACCIONES Y VALORES DE MEXICO
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020 A000004 BAIRD (ROBERT W.) & CO., INCORPORATED
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020 A000005 GOLDMAN, SACHS & CO.
020 B000005 13-5108880
020 C000005 2
020 A000006 BT SECURITIES CORPORATION
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020 C000008 2
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<PAGE> PAGE 4
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022 B000008 13-2655998
022 C000008 1222
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<PAGE> PAGE 5
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<PAGE> PAGE 8
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<PAGE> PAGE 10
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SIGNATURE THEODORE W. HOWARD
TITLE V.P. & TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE ANNUAL REPORT TO
SHAREHOLDERS DATED SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000929922
<NAME> UNITED ASSET STRATEGY FUND, INC.
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-1997
<PERIOD-END> SEP-30-1997
<INVESTMENTS-AT-COST> 25,791,474
<INVESTMENTS-AT-VALUE> 28,017,084
<RECEIVABLES> 719,801
<ASSETS-OTHER> 26,217
<OTHER-ITEMS-ASSETS> 4,166
<TOTAL-ASSETS> 28,966,068
<PAYABLE-FOR-SECURITIES> 294,252
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 129,072
<TOTAL-LIABILITIES> 423,324
<SENIOR-EQUITY> 47,678
<PAID-IN-CAPITAL-COMMON> 24,797,234
<SHARES-COMMON-STOCK> 4,767,816
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 137,194
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,335,028
<OVERDISTRIBUTION-GAINS> 0
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<INTEREST-INCOME> 1,136,553
<OTHER-INCOME> 0
<EXPENSES-NET> (496,479)
<NET-INVESTMENT-INCOME> 842,465
<REALIZED-GAINS-CURRENT> 1,688,777
<APPREC-INCREASE-CURRENT> 2,055,672
<NET-CHANGE-FROM-OPS> 4,586,914
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (801,690)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 700,418
<NUMBER-OF-SHARES-REDEEMED> (2,214,912)
<SHARES-REINVESTED> 145,338
<NET-CHANGE-IN-ASSETS> (3,615,416)
<ACCUMULATED-NII-PRIOR> 95,096
<ACCUMULATED-GAINS-PRIOR> 0
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<GROSS-EXPENSE> 496,479
<AVERAGE-NET-ASSETS> 29,311,982
<PER-SHARE-NAV-BEGIN> 5.24
<PER-SHARE-NII> 0.16
<PER-SHARE-GAIN-APPREC> 0.74
<PER-SHARE-DIVIDEND> (0.15)
<PER-SHARE-DISTRIBUTIONS> 0
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<PER-SHARE-NAV-END> 5.99
<EXPENSE-RATIO> 1.70
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
