From the viewpoint of rational homotopy theory, we introduce an iterated cyclic homology of connected commutative differential graded algebras over the rational number field, which is regarded as a generalization of the ordinary cyclic homology. Let
T be the circle group and $¥mathcal{F}$ (
Tl,
X) denote the function space of continuous maps from the
l-dimensional torus
Tl to an
l-connected space
X. It is also shown that the iterated cyclic homology of the differential graded algebra of polynomial forms on
X is isomorphic to the rational cohomology algebra of the Borel space
ET ×
T $¥mathcal{F}$ (
Tl,
X), where the
T-action on $¥mathcal{F}$ (
Tl,
X) is induced by the diagonal action of
T on the source space
Tl.
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