<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
MSDW LIMITED TERM MUNICIPAL TRUST
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> MAR-31-2001
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 43,611,582
<INVESTMENTS-AT-VALUE> 43,136,382
<RECEIVABLES> 626,077
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 138,986
<TOTAL-ASSETS> 43,901,445
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (109,241)
<TOTAL-LIABILITIES> (109,241)
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 52,130,534
<SHARES-COMMON-STOCK> 4,352,480
<SHARES-COMMON-PRIOR> 4,441,049
<ACCUMULATED-NII-CURRENT> 4,803
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (7,867,933)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (475,200)
<NET-ASSETS> 43,792,204
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 1,033,762
<OTHER-INCOME> 0
<EXPENSES-NET> (204,083)
<NET-INVESTMENT-INCOME> 829,679
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 436,263
<NET-CHANGE-FROM-OPS> 1,265,942
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (824,876)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 865,498
<NUMBER-OF-SHARES-REDEEMED> (1,015,814)
<SHARES-REINVESTED> 61,747
<NET-CHANGE-IN-ASSETS> (444,784)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (7,867,933)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (108,211)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (205,702)
<AVERAGE-NET-ASSETS> 43,166,341
<PER-SHARE-NAV-BEGIN> 9.96
<PER-SHARE-NII> 0.19
<PER-SHARE-GAIN-APPREC> 0.10
<PER-SHARE-DIVIDEND> (0.19)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.06
<EXPENSE-RATIO> 0.95
</TABLE>
