[ARTICLE] 6
[CIK] 0000895523
[NAME] MANAGED HIGH INCOME PORTFOLIO INC.
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          FEB-28-1999
[PERIOD-END]                               FEB-28-1999
[INVESTMENTS-AT-COST]                      487,331,549
[INVESTMENTS-AT-VALUE]                     466,323,174
[RECEIVABLES]                               11,225,094
[ASSETS-OTHER]                                      67
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                            477,548,3365
[PAYABLE-FOR-SECURITIES]                     1,046,681
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    1,870,243
[TOTAL-LIABILITIES]                          2,916,924
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   526,901,955
[SHARES-COMMON-STOCK]                       44,236,103
[SHARES-COMMON-PRIOR]                       44,014,989
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                       (755,015)
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                  (30,851,535)
[ACCUM-APPREC-OR-DEPREC]                  (20,663,994)
[NET-ASSETS]                               474,631,411
[DIVIDEND-INCOME]                            1,425,513
[INTEREST-INCOME]                           49,337,406
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               5,810,466
[NET-INVESTMENT-INCOME]                     44,952,453
[REALIZED-GAINS-CURRENT]                     (465,006)
[APPREC-INCREASE-CURRENT]                 (49,320,029)
[NET-CHANGE-FROM-OPS]                      (5,012,582)
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   45,242,459
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                              0
[NUMBER-OF-SHARES-REDEEMED]                          0
[SHARES-REINVESTED]                            221,114
[NET-CHANGE-IN-ASSETS]                    (47,928,946)
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                 (28,748,222)
[OVERDISTRIB-NII-PRIOR]                      (157,691)
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        4,469,951
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              5,810,466
[AVERAGE-NET-ASSETS]                       497,698,675
[PER-SHARE-NAV-BEGIN]                            11.87
[PER-SHARE-NII]                                  01.01
[PER-SHARE-GAIN-APPREC]                         (1.12)
[PER-SHARE-DIVIDEND]                             01.03
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              10.73
[EXPENSE-RATIO]                                  01.17
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>