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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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SIGNATURE THOMAS M. REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000830487
[NAME] MUNICIPAL HIGH INCOME FUND
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] OCT-31-1995
[PERIOD-END] OCT-31-1995
[INVESTMENTS-AT-COST] 176,544,616
[INVESTMENTS-AT-VALUE] 183,631,445
[RECEIVABLES] 6,737,805
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 190,369,250
[PAYABLE-FOR-SECURITIES] 1,500,969
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1,820,637
[TOTAL-LIABILITIES] 3,321,606
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 182,673,658
[SHARES-COMMON-STOCK] 19,659,882
[SHARES-COMMON-PRIOR] 19,642,695
[ACCUMULATED-NII-CURRENT] 14,015,777
[OVERDISTRIBUTION-NII] 27,143
[ACCUMULATED-NET-GAINS] (2,936,585)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 7,086,829
[NET-ASSETS] 181,047,644
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 14,015,777
[OTHER-INCOME] 0
[EXPENSES-NET] 1,532,318
[NET-INVESTMENT-INCOME] 12,483,459
[REALIZED-GAINS-CURRENT] (269,935)
[APPREC-INCREASE-CURRENT] 11,037,820
[NET-CHANGE-FROM-OPS] 23,251,344
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 12,736,819
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 0
[NUMBER-OF-SHARES-REDEEMED] 0
[SHARES-REINVESTED] 154,164
[NET-CHANGE-IN-ASSETS] 10,668,689
[ACCUMULATED-NII-PRIOR] 14,308,419
[ACCUMULATED-GAINS-PRIOR] (2,666,650)
[OVERDISTRIB-NII-PRIOR] 280,503
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 726,621
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,532,318
[AVERAGE-NET-ASSETS] 19,651,288
[PER-SHARE-NAV-BEGIN] 8.98
[PER-SHARE-NII] 0.64
[PER-SHARE-GAIN-APPREC] 0.54
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] (0.65)
[RETURNS-OF-CAPITAL] 14.00
[PER-SHARE-NAV-END] 9.51
[EXPENSE-RATIO] 0.84
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
