<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
MSDW SELECT MUNICIPAL REINVESTMENT FUND
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 73,943,129
<INVESTMENTS-AT-VALUE> 74,286,784
<RECEIVABLES> 1,090,936
<ASSETS-OTHER> 4,060
<OTHER-ITEMS-ASSETS> 96,936
<TOTAL-ASSETS> 75,478,716
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (158,022)
<TOTAL-LIABILITIES> (158,022)
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 75,082,453
<SHARES-COMMON-STOCK> 6,571,072
<SHARES-COMMON-PRIOR> 6,935,335
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (105,414)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 343,655
<NET-ASSETS> 75,320,694
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 2,160,368
<OTHER-INCOME> 0
<EXPENSES-NET> (359,003)
<NET-INVESTMENT-INCOME> 1,801,365
<REALIZED-GAINS-CURRENT> (33,057)
<APPREC-INCREASE-CURRENT> 1,417,947
<NET-CHANGE-FROM-OPS> 3,186,255
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,801,365)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 460,134
<NUMBER-OF-SHARES-REDEEMED> (970,502)
<SHARES-REINVESTED> 146,105
<NET-CHANGE-IN-ASSETS> (2,721,925)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (72,357)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (189,263)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (361,018)
<AVERAGE-NET-ASSETS> 76,120,950
<PER-SHARE-NAV-BEGIN> 11.25
<PER-SHARE-NII> 0.27
<PER-SHARE-GAIN-APPREC> 0.21
<PER-SHARE-DIVIDEND> (0.27)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 11.46
<EXPENSE-RATIO> 0.96
</TABLE>
