Independent Auditors' Consent
To the Shareholders and Board of Directors of the
Managed Municipals Portfolio Inc.:
We consent to the incorporation by reference, in this Prospectus and
Statement of Additional Information, of our report dated July 13,
2000, on the statement of assets and liabilities for the Managed
Municipals Portfolio Inc. as of May 31, 2000, and the related
statement of operations for the year then ended, the statements of
changes in net assets for each of the years in the two-year period
then ended and the financial highlights for each of the years in the
five-year period then ended. These financial statements and financial
highlights and our report thereon are included in the Annual Report of
the Fund as filed on Form N-30D.
We also consent to the references to our firm under the headings
"Financial Highlights" and "Independent Auditors" in the Prospectus
and "Independent Auditors" in the Statement of Additional Information.
KPMG LLP
New York, New York
August 30, 2000
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