<PAGE> PAGE 1
000 B000000 05/31/96
000 C000000 886043
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 SMITH BARNEY MANAGED MUNICIPALS PORTFOLIO INC
001 B000000 811-6629
001 C000000 2128166550
002 A000000 388 GREENWICH STREET
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10013
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 1.7
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.9
062 M000000 0.0
062 N000000 0.0
062 O000000 97.4
062 P000000 0.0
062 Q000000 0.0
062 R000000 0.0
071 A000000 193188
<PAGE> PAGE 2
071 B000000 184541
071 C000000 408295
071 D000000 42
072 A000000 12
074 N000000 426399
074 T000000 416269
075 A000000 0
075 B000000 430413
077 A000000 N
080 A000000 ICI MUTUAL INSURANCE CO
080 C000000 78275
081 A000000 Y
081 B000000 127
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
SIGNATURE THOMAS M. REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000886043
[NAME] MANAGED MUNICIPALS PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] MAY-31-1996
[PERIOD-END] MAY-31-1996
[INVESTMENTS-AT-COST] 415,274,473
[INVESTMENTS-AT-VALUE] 414,341,469
[RECEIVABLES] 12,057,866
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 426,399,335
[PAYABLE-FOR-SECURITIES] 6,820,256
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1,654,601
[TOTAL-LIABILITIES] 8,474,857
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 412,313,382
[SHARES-COMMON-STOCK] 34,498,420
[SHARES-COMMON-PRIOR] 34,498,420
[ACCUMULATED-NII-CURRENT] 23,014,251
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 5,322,750
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (940,504)
[NET-ASSETS] 417,924,478
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 27,332,816
[OTHER-INCOME] 0
[EXPENSES-NET] 4,318,565
[NET-INVESTMENT-INCOME] 23,014,251
[REALIZED-GAINS-CURRENT] 7,326,011
[APPREC-INCREASE-CURRENT] (19,254,835)
[NET-CHANGE-FROM-OPS] 11,085,427
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 26,080,806
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 0
[NUMBER-OF-SHARES-REDEEMED] 0
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] (14,995,379)
[ACCUMULATED-NII-PRIOR] 24,693,217
[ACCUMULATED-GAINS-PRIOR] (2,003,261)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 3,021,241
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,297,324
[AVERAGE-NET-ASSETS] 430,413,213
[PER-SHARE-NAV-BEGIN] 12.55
[PER-SHARE-NII] 0.67
[PER-SHARE-GAIN-APPREC] 0.35
[PER-SHARE-DIVIDEND] 0.76
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.11
[EXPENSE-RATIO] 1.00
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
