MSDW MUNICIPAL INCOME OPPORTUNITIES TRUST
NSAR-B, EX-27, 2000-07-27
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<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
MSDW Municipal Income Opportunities Trust
</LEGEND>

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          MAY-31-2000
<PERIOD-END>                               MAY-31-2000
<INVESTMENTS-AT-COST>                      176,777,520
<INVESTMENTS-AT-VALUE>                     159,677,155
<RECEIVABLES>                                4,182,869
<ASSETS-OTHER>                                 345,979
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             164,206,003
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    (295,796)
<TOTAL-LIABILITIES>                          (295,796)
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   199,281,239
<SHARES-COMMON-STOCK>                       21,027,672
<SHARES-COMMON-PRIOR>                       21,089,872
<ACCUMULATED-NII-CURRENT>                    2,835,821
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                   (21,106,488)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                  (17,100,365)
<NET-ASSETS>                               163,910,207
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           13,666,918
<OTHER-INCOME>                                       0
<EXPENSES-NET>                             (1,613,324)
<NET-INVESTMENT-INCOME>                     12,053,594
<REALIZED-GAINS-CURRENT>                   (4,642,652)
<APPREC-INCREASE-CURRENT>                 (13,157,810)
<NET-CHANGE-FROM-OPS>                      (5,746,868)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                 (13,058,564)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                   (62,200)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                    (19,290,166)
<ACCUMULATED-NII-PRIOR>                      3,840,791
<ACCUMULATED-GAINS-PRIOR>                 (16,463,836)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        (867,619)
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                            (1,621,489)
<AVERAGE-NET-ASSETS>                       172,575,561
<PER-SHARE-NAV-BEGIN>                             8.69
<PER-SHARE-NII>                                   0.57
<PER-SHARE-GAIN-APPREC>                         (0.85)
<PER-SHARE-DIVIDEND>                            (0.62)
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               7.79
<EXPENSE-RATIO>                                   0.93


</TABLE>


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