[ARTICLE] 6
[CIK] 0000895523
[NAME] MANAGED HIGH INCOME PORTFOLIO INC.
<TABLE>
<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>