[ARTICLE] 6
[CIK] 0000890068
[NAME] MANAGED MUNICIPALS PORTFOLIO II INC.
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          AUG-31-1998
[PERIOD-END]                               FEB-28-1998
[INVESTMENTS-AT-COST]                      134,143,573
[INVESTMENTS-AT-VALUE]                     138,910,160
[RECEIVABLES]                                1,816,036
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             140,726,196
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    1,197,626
[TOTAL-LIABILITIES]                          1,197,626
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   134,246,087
[SHARES-COMMON-STOCK]                       11,234,706
[SHARES-COMMON-PRIOR]                       11,234,706
[ACCUMULATED-NII-CURRENT]                       46,644
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                        469,252
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                     4,766,587
[NET-ASSETS]                               139,528,570
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            3,796,310
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 781,285
[NET-INVESTMENT-INCOME]                      3,015,025
[REALIZED-GAINS-CURRENT]                       483,496
[APPREC-INCREASE-CURRENT]                    4,568,615
[NET-CHANGE-FROM-OPS]                        8,067,136
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    3,145,717
[DISTRIBUTIONS-OF-GAINS]                     1,909,899
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                              0
[NUMBER-OF-SHARES-REDEEMED]                          0
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                       3,011,520
[ACCUMULATED-NII-PRIOR]                        177,336
[ACCUMULATED-GAINS-PRIOR]                    1,895,655
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          479,826
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                781,285
[AVERAGE-NET-ASSETS]                       139,013,985
[PER-SHARE-NAV-BEGIN]                            12.15
[PER-SHARE-NII]                                  00.27
[PER-SHARE-GAIN-APPREC]                          00.45
[PER-SHARE-DIVIDEND]                             00.28
[PER-SHARE-DISTRIBUTIONS]                        00.17
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              12.42
[EXPENSE-RATIO]                                  01.14
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>