[ARTICLE] 6
[CIK] 0000907608
[NAME] MUNICIPAL PARTNERS FUND II
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          DEC-31-1999
[PERIOD-END]                               JUN-30-1999
[INVESTMENTS-AT-COST]                      119,097,722
[INVESTMENTS-AT-VALUE]                     124,956,513
[RECEIVABLES]                                2,506,742
[ASSETS-OTHER]                                  61,673
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             127,524,928
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      159,561
[TOTAL-LIABILITIES]                            159,561
[SENIOR-EQUITY]                             45,000,000
[PAID-IN-CAPITAL-COMMON]                    83,250,152
[SHARES-COMMON-STOCK]                        6,007,094
[SHARES-COMMON-PRIOR]                        6,007,094
[ACCUMULATED-NII-CURRENT]                      740,823
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                    (7,484,399)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                     5,858,791
[NET-ASSETS]                               127,365,367
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            7,380,872
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               1,125,675
[NET-INVESTMENT-INCOME]                      6,255,197
[REALIZED-GAINS-CURRENT]                     (216,350)
[APPREC-INCREASE-CURRENT]                  (4,139,763)
[NET-CHANGE-FROM-OPS]                        1,899,084
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    6,133,590
[DISTRIBUTIONS-OF-GAINS]                    86,486,540
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                              0
[NUMBER-OF-SHARES-REDEEMED]                          0
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                     (4,234,506)
[ACCUMULATED-NII-PRIOR]                        619,216
[ACCUMULATED-GAINS-PRIOR]                  (7,268,049)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          788,760
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              1,125,675
[AVERAGE-NET-ASSETS]                        86,486,540
[PER-SHARE-NAV-BEGIN]                            14.42
[PER-SHARE-NII]                                  01.04
[PER-SHARE-GAIN-APPREC]                         (0.73)
[PER-SHARE-DIVIDEND]                             01.02
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              13.71
[EXPENSE-RATIO]                                  01.30
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>