<DOCUMENT>
<TYPE>EX-99.77O RULE 10F-3
<SEQUENCE>6
<FILENAME>item77o10f3.txt
<TEXT>
Report Name - 10F-3

Fund - Managed Municipals Portfolio 1 Inc.

                                Period : 06/01/05 through 11/30/05


                                    ID : 468
                           Issuer Name : Regents of the University of CA
                            Trade Date : 06/08/05
                        Selling Dealer : Morgan Stanley
                Total Shares Purchased : 9,000,000.00
                        Purchase Price : 103.28
                    % Received by Fund : 1.612%
                        % of Issue (1) : 2.688%
        Other Participant Accounts (2) :       6,011,130.00
                      Issue Amount (2) :     558,375,000.00
          Total Received All Funds (2) :      15,011,130.00

(1) Represents purchases by all affiliated mutual funds and
    discretionary accounts; may not exceed 25% of the principal
    amount of the offering.

(2) Includes purchases by other affiliated mutual funds and
    discretionary accounts.


                           Report Name : 10F-3 Syndicate Supplement

                                Issuer : Regents of the Univ of California
                                           4.75%
                            Trade Date :        06/08/05
                 Joint/Lead Manager(s) : Morgan Stanley
                                         Alamo Capital
                                         Citigroup Global Markets Inc.
                                         E.J. De La Rosa & Co., Inc.
                         Co-Manager(s) : Goldman Sachs & Co.
                                         Great Pacific Securities Inc.
                                         J.P. Morgan Securities Inc.
                                         Merrill Lynch & Co
                         Selling Group : N/A
</TEXT>
</DOCUMENT>
