[ARTICLE] 6
[CIK] 0000890068
[NAME] MANAGED MUNICIPALS PORTFOLIO II INC.
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          AUG-31-1999
[PERIOD-END]                               FEB-28-1999
[INVESTMENTS-AT-COST]                      132,177,730
[INVESTMENTS-AT-VALUE]                     138,219,328
[RECEIVABLES]                                1,641,132
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             139,860,460
[PAYABLE-FOR-SECURITIES]                     1,953,920
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      747,005
[TOTAL-LIABILITIES]                          2,700,925
[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]                      303,230
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                    (3,431,380)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                     6,041,598
[NET-ASSETS]                               137,159,535
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            3,817,703
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 655,489
[NET-INVESTMENT-INCOME]                      3,162,214
[REALIZED-GAINS-CURRENT]                   (2,444,515)
[APPREC-INCREASE-CURRENT]                      953,327
[NET-CHANGE-FROM-OPS]                        1,671,026
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    2,752,503
[DISTRIBUTIONS-OF-GAINS]                     1,988,543
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                              0
[NUMBER-OF-SHARES-REDEEMED]                          0
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                     (3,070,020)
[ACCUMULATED-NII-PRIOR]                      (106,481)
[ACCUMULATED-GAINS-PRIOR]                    1,001,678
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          526,554
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                128,935
[AVERAGE-NET-ASSETS]                       139,416,861
[PER-SHARE-NAV-BEGIN]                            12.48
[PER-SHARE-NII]                                  00.28
[PER-SHARE-GAIN-APPREC]                         (0.12)
[PER-SHARE-DIVIDEND]                             00.25
[PER-SHARE-DISTRIBUTIONS]                        00.18
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              12.21
[EXPENSE-RATIO]                                  00.47
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>