Municipal Partners Fund II Inc. as of March 31, 2001

Apr 18, 2001, 01:00 ET from Municipal Partners Fund II Inc.

    NEW YORK, April 18 /PRNewswire/ -- Municipal Partners Fund II Inc.
 (NYSE:   MPT) as of March 31, 2001:
     Investment Objective: The Fund seeks a high level of current income exempt
 from regular Federal income tax, consistent with the preservation of capital.
 
     Portfolio Composition*
 
     Industry Allocations
     Transportation                                     18.4%
     Housing                                             11.7
     Industrial Development Revenue                      11.1
     Education                                            9.1
     Health Care                                          9.1
     Water                                                9.1
     Pre-Refunded                                         8.8
     General Revenue                                      6.0
     General Obligation                                   5.9
     Tax Revenue                                          4.3
     Lease Revenue                                        3.2
     Escrowed to Maturity                                 2.4
     Power                                                0.9
 
     Credit Quality (Higher of S&P or Moody's)
     AAA                                                54.5%
     AA                                                  28.4
     A                                                    8.5
     BBB                                                  5.9
     NR                                                   2.7
 
     Average Effective Maturity                    10.6 years
     Average Leveraged Duration                    13.6 years
     Average Unleveraged Duration                   8.9 years
 
     * Portfolio holdings and weightings are subject to change at any time.
 
     Portfolio Statistics
 
     Inception Date                             July 30, 1993
     Leverage (Preferred Stock)                   $45 million
     Leverage Percentage                                34.8%
 
     Average Price                                    $104.40
     Average Coupon                                     5.96%
     Total Net Assets                          $129.4 million
     Dividend Rate                          $0.0625 per share
     Frequency                                        Monthly
     Market Price                                      $12.56
     NAV                                               $14.06
 
     Call Statistics
     Non-Callable                                       15.2%
     2002                                                 7.8
     2003                                                 3.7
     2004                                                13.2
     2005                                                16.3
     2006                                                23.7
     2007                                                 6.7
     2008                                                 2.1
     2009                                                 2.5
     2010                                                 8.8
 
     Municipal Partners Fund II Inc. is a diversified investment management
 company traded on the New York Stock Exchange under the symbol "MPT." PIMCO
 Advisors LP is the Investment Manager.  Salomon Brothers Asset Management Inc,
 a wholly owned subsidiary of Salomon Smith Barney Holding Inc., serves as the
 Fund's Investment Adviser.
     For more information, call 1-888-777-0102.
 
 

SOURCE Municipal Partners Fund II Inc.
    NEW YORK, April 18 /PRNewswire/ -- Municipal Partners Fund II Inc.
 (NYSE:   MPT) as of March 31, 2001:
     Investment Objective: The Fund seeks a high level of current income exempt
 from regular Federal income tax, consistent with the preservation of capital.
 
     Portfolio Composition*
 
     Industry Allocations
     Transportation                                     18.4%
     Housing                                             11.7
     Industrial Development Revenue                      11.1
     Education                                            9.1
     Health Care                                          9.1
     Water                                                9.1
     Pre-Refunded                                         8.8
     General Revenue                                      6.0
     General Obligation                                   5.9
     Tax Revenue                                          4.3
     Lease Revenue                                        3.2
     Escrowed to Maturity                                 2.4
     Power                                                0.9
 
     Credit Quality (Higher of S&P or Moody's)
     AAA                                                54.5%
     AA                                                  28.4
     A                                                    8.5
     BBB                                                  5.9
     NR                                                   2.7
 
     Average Effective Maturity                    10.6 years
     Average Leveraged Duration                    13.6 years
     Average Unleveraged Duration                   8.9 years
 
     * Portfolio holdings and weightings are subject to change at any time.
 
     Portfolio Statistics
 
     Inception Date                             July 30, 1993
     Leverage (Preferred Stock)                   $45 million
     Leverage Percentage                                34.8%
 
     Average Price                                    $104.40
     Average Coupon                                     5.96%
     Total Net Assets                          $129.4 million
     Dividend Rate                          $0.0625 per share
     Frequency                                        Monthly
     Market Price                                      $12.56
     NAV                                               $14.06
 
     Call Statistics
     Non-Callable                                       15.2%
     2002                                                 7.8
     2003                                                 3.7
     2004                                                13.2
     2005                                                16.3
     2006                                                23.7
     2007                                                 6.7
     2008                                                 2.1
     2009                                                 2.5
     2010                                                 8.8
 
     Municipal Partners Fund II Inc. is a diversified investment management
 company traded on the New York Stock Exchange under the symbol "MPT." PIMCO
 Advisors LP is the Investment Manager.  Salomon Brothers Asset Management Inc,
 a wholly owned subsidiary of Salomon Smith Barney Holding Inc., serves as the
 Fund's Investment Adviser.
     For more information, call 1-888-777-0102.
 
 SOURCE  Municipal Partners Fund II Inc.