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

   <NUMBER> 6
   <NAME> GLOBAL FIXED INCOME INVESTMENTS
<MULTIPLIER> 1000

                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          JUL-31-2000
<PERIOD-START>                             AUG-01-1999
<PERIOD-END>                               JUL-31-2000
<INVESTMENTS-AT-COST>                           105540
<INVESTMENTS-AT-VALUE>                           99519
<RECEIVABLES>                                     2551
<ASSETS-OTHER>                                    9669
<OTHER-ITEMS-ASSETS>                                 1
<TOTAL-ASSETS>                                  111740
<PAYABLE-FOR-SECURITIES>                          1306
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         9603
<TOTAL-LIABILITIES>                              10909
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        115038
<SHARES-COMMON-STOCK>                             9445
<SHARES-COMMON-PRIOR>                             8558
<ACCUMULATED-NII-CURRENT>                       (5181)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         (2985)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        (6041)
<NET-ASSETS>                                    100831
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 5704
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     974
<NET-INVESTMENT-INCOME>                           4730
<REALIZED-GAINS-CURRENT>                        (7433)
<APPREC-INCREASE-CURRENT>                       (2604)
<NET-CHANGE-FROM-OPS>                           (5307)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (4372)
<DISTRIBUTIONS-OF-GAINS>                         (781)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           3522
<NUMBER-OF-SHARES-REDEEMED>                       3086
<SHARES-REINVESTED>                                450
<NET-CHANGE-IN-ASSETS>                           (312)
<ACCUMULATED-NII-PRIOR>                         (1773)
<ACCUMULATED-GAINS-PRIOR>                          780
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              821
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1215
<AVERAGE-NET-ASSETS>                            102673
<PER-SHARE-NAV-BEGIN>                            11.82
<PER-SHARE-NII>                                   0.53
<PER-SHARE-GAIN-APPREC>                         (1.10)
<PER-SHARE-DIVIDEND>                            (0.48)
<PER-SHARE-DISTRIBUTIONS>                       (0.09)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.68
<EXPENSE-RATIO>                                   0.95