<PAGE> PAGE 1
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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 6
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<PAGE> PAGE 8
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SIGNATURE THOMAS M. REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000890068
[NAME] MANAGED MUNICIPALS PORTFOLIO II INC.
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] AUG-31-1998
[PERIOD-END] FEB-28-1998
[INVESTMENTS-AT-COST] 134,143,573
[INVESTMENTS-AT-VALUE] 138,910,160
[RECEIVABLES] 1,816,036
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 140,726,196
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1,197,626
[TOTAL-LIABILITIES] 1,197,626
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 134,246,087
[SHARES-COMMON-STOCK] 11,234,706
[SHARES-COMMON-PRIOR] 11,234,706
[ACCUMULATED-NII-CURRENT] 46,644
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 469,252
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 4,766,587
[NET-ASSETS] 139,528,570
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 3,796,310
[OTHER-INCOME] 0
[EXPENSES-NET] 781,285
[NET-INVESTMENT-INCOME] 3,015,025
[REALIZED-GAINS-CURRENT] 483,496
[APPREC-INCREASE-CURRENT] 4,568,615
[NET-CHANGE-FROM-OPS] 8,067,136
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 3,145,717
[DISTRIBUTIONS-OF-GAINS] 1,909,899
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 0
[NUMBER-OF-SHARES-REDEEMED] 0
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 3,011,520
[ACCUMULATED-NII-PRIOR] 177,336
[ACCUMULATED-GAINS-PRIOR] 1,895,655
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 479,826
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 781,285
[AVERAGE-NET-ASSETS] 139,013,985
[PER-SHARE-NAV-BEGIN] 12.15
[PER-SHARE-NII] 00.27
[PER-SHARE-GAIN-APPREC] 00.45
[PER-SHARE-DIVIDEND] 00.28
[PER-SHARE-DISTRIBUTIONS] 00.17
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.42
[EXPENSE-RATIO] 01.14
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>