<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000895523
<NAME> MANAGED HIGH INCOME PORTFOLIO INC.
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          FEB-28-1998
<PERIOD-END>                               FEB-28-1998
<INVESTMENTS-AT-COST>                      489,532,893
<INVESTMENTS-AT-VALUE>                     516,258,089
<RECEIVABLES>                               19,133,452
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             535,391,541
<PAYABLE-FOR-SECURITIES>                    12,187,194
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      643,990
<TOTAL-LIABILITIES>                         12,831,194
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   524,575,860
<SHARES-COMMON-STOCK>                       44,014,989
<SHARES-COMMON-PRIOR>                       42,602,095
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                         157,691
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                  (28,748,222)
<ACCUM-APPREC-OR-DEPREC>                    26,890,410
<NET-ASSETS>                               522,560,357
<DIVIDEND-INCOME>                            3,870,074
<INTEREST-INCOME>                           48,722,852
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               6,002,307
<NET-INVESTMENT-INCOME>                     46,590,619
<REALIZED-GAINS-CURRENT>                     7,736,886
<APPREC-INCREASE-CURRENT>                    5,091,961
<NET-CHANGE-FROM-OPS>                       59,419,466
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   47,244,754
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                         16,479,649
<NET-CHANGE-IN-ASSETS>                      28,654,361
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                        471,398
<OVERDIST-NET-GAINS-PRIOR>                (36,557,652)
<GROSS-ADVISORY-FEES>                        4,548,218
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              6,002,307
<AVERAGE-NET-ASSETS>                       506,839,347
<PER-SHARE-NAV-BEGIN>                            11.59
<PER-SHARE-NII>                                  01.08
<PER-SHARE-GAIN-APPREC>                          00.29
<PER-SHARE-DIVIDEND>                             01.09
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.87
<EXPENSE-RATIO>                                  01.18
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>