WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

 

<ARTICLE> 6
<CIK> 0000093007
<NAME> PAINEWEBBER PACE SELECT ADVISORS TRUST

   <NUMBER> 3
   <NAME> PACE INTERMEDIATE FIXED INCOME 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>                           134553
<INVESTMENTS-AT-VALUE>                          131946
<RECEIVABLES>                                     2288
<ASSETS-OTHER>                                       1
<OTHER-ITEMS-ASSETS>                             33658
<TOTAL-ASSETS>                                  167893
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        33791
<TOTAL-LIABILITIES>                              33791
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        138976
<SHARES-COMMON-STOCK>                            11347
<SHARES-COMMON-PRIOR>                            11609
<ACCUMULATED-NII-CURRENT>                          642
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (2910)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        (2606)
<NET-ASSETS>                                    134102
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 9289
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1078
<NET-INVESTMENT-INCOME>                           8211
<REALIZED-GAINS-CURRENT>                        (2316)
<APPREC-INCREASE-CURRENT>                          388
<NET-CHANGE-FROM-OPS>                             6283
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         8212
<DISTRIBUTIONS-OF-GAINS>                            36
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           3407
<NUMBER-OF-SHARES-REDEEMED>                       4352
<SHARES-REINVESTED>                                684
<NET-CHANGE-IN-ASSETS>                          (4941)
<ACCUMULATED-NII-PRIOR>                            622
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                        2889
<GROSS-ADVISORY-FEES>                              828
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1092
<AVERAGE-NET-ASSETS>                            138036
<PER-SHARE-NAV-BEGIN>                            11.98
<PER-SHARE-NII>                                   0.70
<PER-SHARE-GAIN-APPREC>                         (0.16)
<PER-SHARE-DIVIDEND>                              0.70
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.82
<EXPENSE-RATIO>                                   0.78