PAGE 1 000 B000000 05/31/2005 000 C000000 886043 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 Y 000 H000000 N 000 I000000 6.1 000 J000000 U 001 A000000 MANAGED MUNICIPAL INC 001 B000000 811-6629 001 C000000 8004512010 002 A000000 125 BROAD ST 002 B000000 NEWYORK 002 C000000 NY 002 D010000 10004 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 N 007 B000000 0 SIGNATURE JOE PARASCONDOLA TITLE ASST CONTROLLER