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SIGNATURE BARRY FINK
TITLE VICE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
MSDW BALANCED GROWTH FUND - CLASS A
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<S> <C>
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<FISCAL-YEAR-END> JAN-31-1999
<PERIOD-END> JUL-31-1998
<INVESTMENTS-AT-COST> 253,330,053
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<EQUALIZATION> 0
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
MSDW BALANCED GROWTH FUND - CLASS B
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-1999
<PERIOD-END> JUL-31-1998
<INVESTMENTS-AT-COST> 253,330,053
<INVESTMENTS-AT-VALUE> 290,398,945
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<NUMBER-OF-SHARES-REDEEMED> (959,844)
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<OVERDIST-NET-GAINS-PRIOR> 0
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
MSDW BALANCED GROWTH FUND - CLASS C
</LEGEND>
<S> <C>
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<FISCAL-YEAR-END> JAN-31-1999
<PERIOD-END> JUL-31-1998
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<TABLE> <S> <C>
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<LEGEND>
MSDW BALANCED GROWTH FUND - CLASS D
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