<PAGE> PAGE 1
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000 C000000 895523
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<PAGE> PAGE 2
012 C020001 MA
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013 A000001 KPMG PEAT MARWICK LLP
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022 C000003 225713
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<PAGE> PAGE 3
022 C000005 65651
022 D000005 16230
022 A000006 GRANTCHESTER
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022 C000006 17144
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022 C000007 12488
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022 A000008 MORGAN GUARANTY
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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SIGNATURE THOMAS REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000895523
[NAME] MANAGED HIGH INCOME PORTFOLIO INC.
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] FEB-28-1998
[PERIOD-END] AUG-31-1997
[INVESTMENTS-AT-COST] 478,740,561
[INVESTMENTS-AT-VALUE] 501,695,578
[RECEIVABLES] 12,642,494
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 785
[TOTAL-ASSETS] 514,338,857
[PAYABLE-FOR-SECURITIES] 3,732,151
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 0
[TOTAL-LIABILITIES] 4,332,100
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 517,020,785
[SHARES-COMMON-STOCK] 43,344,712
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 23,587,722
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 6,236,684
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 1,156,568
[NET-ASSETS] 510,006,757
[DIVIDEND-INCOME] 2,093,117
[INTEREST-INCOME] 24,465,527
[OTHER-INCOME] 0
[EXPENSES-NET] 2,970,922
[NET-INVESTMENT-INCOME] 23,587,722
[REALIZED-GAINS-CURRENT] 6,236,684
[APPREC-INCREASE-CURRENT] 1,156,568
[NET-CHANGE-FROM-OPS] 30,980,974
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 23,432,102
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 0
[NUMBER-OF-SHARES-REDEEMED] 0
[SHARES-REINVESTED] 742,616
[NET-CHANGE-IN-ASSETS] 30,980,974
[ACCUMULATED-NII-PRIOR] 47,001,438
[ACCUMULATED-GAINS-PRIOR] (239,118)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 2,247,381
[INTEREST-EXPENSE] 723,541
[GROSS-EXPENSE] 2,970,922
[AVERAGE-NET-ASSETS] 495,463,340
[PER-SHARE-NAV-BEGIN] 11.59
[PER-SHARE-NII] 00.55
[PER-SHARE-GAIN-APPREC] 00.18
[PER-SHARE-DIVIDEND] 00.55
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 11.77
[EXPENSE-RATIO] 01.19
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
