<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
Municipal Income Opportunities Trust
Semi-Annual NSAR  11/30/96
</LEGEND>
<CIK> 0000835333
<NAME> MUNICIPAL INCOME OPPORTUNITIES TRUST
       
<S>                             <C>
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<PERIOD-END>                               NOV-30-1996
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</TABLE>