<ARTICLE> 6
<CIK> 0000930007
<NAME> PAINEWEBBER PACE SELECT ADVISORS TRUST

   <NUMBER> 1
   <NAME> PACE MONEY MARKET INVESTMENTS
<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUL-31-2000
<PERIOD-START>                              AUG-1-1999
<PERIOD-END>                               JUL-31-2000
<INVESTMENTS-AT-COST>                            64384
<INVESTMENTS-AT-VALUE>                           34384
<RECEIVABLES>                                     1730
<ASSETS-OTHER>                                       1
<OTHER-ITEMS-ASSETS>                                22
<TOTAL-ASSETS>                                   66137
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          616
<TOTAL-LIABILITIES>                                616
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         65521
<SHARES-COMMON-STOCK>                            65521
<SHARES-COMMON-PRIOR>                            47174
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                     65521
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 3575
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     300
<NET-INVESTMENT-INCOME>                           3275
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                             3275
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (3275)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          95347
<NUMBER-OF-SHARES-REDEEMED>                    (80153)
<SHARES-REINVESTED>                               3153
<NET-CHANGE-IN-ASSETS>                           18347
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              210
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    569
<AVERAGE-NET-ASSETS>                             66185
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                   0.05
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                            (0.05)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               1.00
<EXPENSE-RATIO>                                   0.50