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<PAGE> PAGE 8
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<PAGE> PAGE 10
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<PAGE> PAGE 13
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<PAGE> PAGE 16
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
070 L020500 N
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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<PAGE> PAGE 42
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048 B011000 0
048 B021000 0.000
048 C011000 0
048 C021000 0.000
048 D011000 0
048 D021000 0.000
048 E011000 0
048 E021000 0.000
048 F011000 0
048 F021000 0.000
048 G011000 0
048 G021000 0.000
048 H011000 0
048 H021000 0.000
048 I011000 0
048 I021000 0.000
048 J011000 0
048 J021000 0.000
048 K011000 0
048 K021000 0.000
062 A001000 N
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
062 H001000 0.0
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.0
062 M001000 0.0
062 N001000 0.0
062 O001000 0.0
062 P001000 0.0
062 Q001000 0.0
062 R001000 0.0
066 A001000 Y
066 F001000 Y
067 001000 N
068 A001000 N
068 B001000 N
069 001000 N
070 A011000 Y
070 A021000 Y
070 B011000 N
<PAGE> PAGE 43
070 B021000 N
070 C011000 N
070 C021000 N
070 D011000 N
070 D021000 N
070 E011000 N
070 E021000 N
070 F011000 N
070 F021000 N
070 G011000 N
070 G021000 N
070 H011000 N
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 N
070 J021000 N
070 K011000 Y
070 K021000 Y
070 L011000 N
070 L021000 N
070 M011000 N
070 M021000 N
070 N011000 N
070 N021000 N
070 O011000 N
070 O021000 N
070 P011000 N
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 N
070 R021000 N
071 A001000 1563
071 B001000 0
071 C001000 518
071 D001000 0
072 A001000 6
072 B001000 1
072 C001000 17
072 D001000 0
072 E001000 0
072 F001000 1
072 G001000 0
072 H001000 0
072 I001000 0
072 J001000 0
072 K001000 0
072 L001000 0
072 M001000 0
072 N001000 0
<PAGE> PAGE 44
072 O001000 0
072 P001000 0
072 Q001000 0
072 R001000 0
072 S001000 0
072 T001000 0
072 U001000 0
072 V001000 0
072 W001000 0
072 X001000 1
072 Y001000 0
072 Z001000 17
072AA001000 0
072BB001000 0
072CC011000 50
072CC021000 0
072DD011000 0
072DD021000 0
072EE001000 0
073 A011000 0.0000
073 A021000 0.0000
073 B001000 0.0000
073 C001000 0.0000
074 A001000 0
074 B001000 88
074 C001000 0
074 D001000 0
074 E001000 0
074 F001000 0
074 G001000 0
074 H001000 0
074 I001000 0
074 J001000 1563
074 K001000 0
074 L001000 12
074 M001000 49
074 N001000 1712
074 O001000 80
074 P001000 0
074 Q001000 0
074 R011000 0
074 R021000 0
074 R031000 0
074 R041000 0
074 S001000 0
074 T001000 1632
074 U011000 150
074 U021000 0
074 V011000 10.85
074 V021000 0.00
074 W001000 0.0000
<PAGE> PAGE 45
074 X001000 3
074 Y001000 0
075 A001000 0
075 B001000 504
076 001000 0.00
SIGNATURE THOMAS M. REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 1
[NAME] BALANCED PORTFOLIO, CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 302,204,322
[INVESTMENTS-AT-VALUE] 331,516,004
[RECEIVABLES] 261,107
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 331,777,111
[PAYABLE-FOR-SECURITIES] 1,003,291
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 281,429
[TOTAL-LIABILITIES] 1,284,720
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 296,623,459
[SHARES-COMMON-STOCK] 10,627,464
[SHARES-COMMON-PRIOR] 7,490,061
[ACCUMULATED-NII-CURRENT] 5,294,735
[OVERDISTRIBUTION-NII] 553,434
[ACCUMULATED-NET-GAINS] 4,003,816
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 22,967,416
[NET-ASSETS] 330,492,391
[DIVIDEND-INCOME] 6,630,679
[INTEREST-INCOME] 68,392
[OTHER-INCOME] 0
[EXPENSES-NET] 1,404,336
[NET-INVESTMENT-INCOME] 5,294,735
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 22,976,416
[NET-CHANGE-FROM-OPS] 28,262,151
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 2,175,149
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 3,898,283
[NUMBER-OF-SHARES-REDEEMED] 935,060
[SHARES-REINVESTED] 174,180
[NET-CHANGE-IN-ASSETS] 107,017,977
[ACCUMULATED-NII-PRIOR] 4,704,927
[ACCUMULATED-GAINS-PRIOR] 4,003,816
[OVERDISTRIB-NII-PRIOR] (35,195)
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 102,985
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,404,336
[AVERAGE-NET-ASSETS] 113,164,817
[PER-SHARE-NAV-BEGIN] 12.14
[PER-SHARE-NII] 00.26
[PER-SHARE-GAIN-APPREC] 00.97
[PER-SHARE-DIVIDEND] 00.24
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.13
[EXPENSE-RATIO] 00.60
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 1
[NAME] BALANCED PORTFOLIO, CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 302,204,322
[INVESTMENTS-AT-VALUE] 331,516,004
[RECEIVABLES] 261,107
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 331,777,111
[PAYABLE-FOR-SECURITIES] 1,003,291
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 281,429
[TOTAL-LIABILITIES] 1,284,720
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 296,623,459
[SHARES-COMMON-STOCK] 12,539,958
[SHARES-COMMON-PRIOR] 9,220,667
[ACCUMULATED-NII-CURRENT] 5,294,735
[OVERDISTRIBUTION-NII] 553,434
[ACCUMULATED-NET-GAINS] 4,003,816
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 22,967,416
[NET-ASSETS] 330,492,391
[DIVIDEND-INCOME] 6,630,679
[INTEREST-INCOME] 68,392
[OTHER-INCOME] 0
[EXPENSES-NET] 1,404,336
[NET-INVESTMENT-INCOME] 5,294,735
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 22,976,416
[NET-CHANGE-FROM-OPS] 28,262,151
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 2,169,152
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 3,939,840
[NUMBER-OF-SHARES-REDEEMED] 788,906
[SHARES-REINVESTED] 168,357
[NET-CHANGE-IN-ASSETS] 107,017,977
[ACCUMULATED-NII-PRIOR] 4,704,927
[ACCUMULATED-GAINS-PRIOR] 4,003,816
[OVERDISTRIB-NII-PRIOR] (35,195)
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 102,985
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,404,336
[AVERAGE-NET-ASSETS] 137,253,661
[PER-SHARE-NAV-BEGIN] 12.14
[PER-SHARE-NII] 00.22
[PER-SHARE-GAIN-APPREC] 00.95
[PER-SHARE-DIVIDEND] 00.19
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.12
[EXPENSE-RATIO] 01.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 1
[NAME] BALANCED PORTFOLIO, CLASS C
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 302,204,322
[INVESTMENTS-AT-VALUE] 331,516,004
[RECEIVABLES] 261,107
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 331,777,111
[PAYABLE-FOR-SECURITIES] 1,003,291
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 281,429
[TOTAL-LIABILITIES] 1,284,720
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 296,623,459
[SHARES-COMMON-STOCK] 1,941,959
[SHARES-COMMON-PRIOR] 1,645,411
[ACCUMULATED-NII-CURRENT] 5,294,735
[OVERDISTRIBUTION-NII] 553,434
[ACCUMULATED-NET-GAINS] 4,003,816
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 22,967,416
[NET-ASSETS] 330,492,391
[DIVIDEND-INCOME] 6,630,679
[INTEREST-INCOME] 68,392
[OTHER-INCOME] 0
[EXPENSES-NET] 1,404,336
[NET-INVESTMENT-INCOME] 5,294,735
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 22,976,416
[NET-CHANGE-FROM-OPS] 28,262,151
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 335,265
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 397,836
[NUMBER-OF-SHARES-REDEEMED] 125,533
[SHARES-REINVESTED] 24,245
[NET-CHANGE-IN-ASSETS] 107,017,977
[ACCUMULATED-NII-PRIOR] 4,704,927
[ACCUMULATED-GAINS-PRIOR] 4,003,816
[OVERDISTRIB-NII-PRIOR] (35,195)
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 102,985
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,404,336
[AVERAGE-NET-ASSETS] 22,609,444
[PER-SHARE-NAV-BEGIN] 12.14
[PER-SHARE-NII] 00.22
[PER-SHARE-GAIN-APPREC] 00.95
[PER-SHARE-DIVIDEND] 00.19
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.12
[EXPENSE-RATIO] 01.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 1
[NAME] BALANCED PORTFOLIO, CLASS Z
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 302,204,322
[INVESTMENTS-AT-VALUE] 331,516,004
[RECEIVABLES] 261,107
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 331,777,111
[PAYABLE-FOR-SECURITIES] 1,003,291
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 281,429
[TOTAL-LIABILITIES] 1,284,720
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 296,623,459
[SHARES-COMMON-STOCK] 78,391
[SHARES-COMMON-PRIOR] 211
[ACCUMULATED-NII-CURRENT] 5,294,735
[OVERDISTRIBUTION-NII] 553,434
[ACCUMULATED-NET-GAINS] 4,003,816
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 22,967,416
[NET-ASSETS] 330,492,391
[DIVIDEND-INCOME] 6,630,679
[INTEREST-INCOME] 68,392
[OTHER-INCOME] 0
[EXPENSES-NET] 1,404,336
[NET-INVESTMENT-INCOME] 5,294,735
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 22,976,416
[NET-CHANGE-FROM-OPS] 28,262,151
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 6,539
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 79,342
[NUMBER-OF-SHARES-REDEEMED] 1,682
[SHARES-REINVESTED] 520
[NET-CHANGE-IN-ASSETS] 107,017,977
[ACCUMULATED-NII-PRIOR] 4,704,927
[ACCUMULATED-GAINS-PRIOR] 4,003,816
[OVERDISTRIB-NII-PRIOR] (35,195)
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 102,985
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,404,336
[AVERAGE-NET-ASSETS] 281,616
[PER-SHARE-NAV-BEGIN] 12.13
[PER-SHARE-NII] 00.25
[PER-SHARE-GAIN-APPREC] 00.99
[PER-SHARE-DIVIDEND] 00.25
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.12
[EXPENSE-RATIO] 00.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 2
[NAME] INCOME PORTFOLIO, CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 47,320,903
[INVESTMENTS-AT-VALUE] 49,731,739
[RECEIVABLES] 161,675
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 47,893,414
[PAYABLE-FOR-SECURITIES] 136,732
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 9,066
[TOTAL-LIABILITIES] 145,798
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 46,865,764
[SHARES-COMMON-STOCK] 2,025,434
[SHARES-COMMON-PRIOR] 1,540,424
[ACCUMULATED-NII-CURRENT] 25,252
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 441,634
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 2,410,836
[NET-ASSETS] 49,747,616
[DIVIDEND-INCOME] 1,436,259
[INTEREST-INCOME] 8,749
[OTHER-INCOME] 0
[EXPENSES-NET] 181,172
[NET-INVESTMENT-INCOME] 1,263,836
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 2,032,418
[NET-CHANGE-FROM-OPS] 3,296,254
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 620,820
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 769,980
[NUMBER-OF-SHARES-REDEEMED] 340,402
[SHARES-REINVESTED] 50,165
[NET-CHANGE-IN-ASSETS] 12,017,153
[ACCUMULATED-NII-PRIOR] 5,395
[ACCUMULATED-GAINS-PRIOR] 441,634
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 74,233
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 74,233
[AVERAGE-NET-ASSETS] 20,584,842
[PER-SHARE-NAV-BEGIN] 11.53
[PER-SHARE-NII] 00.35
[PER-SHARE-GAIN-APPREC] 00.51
[PER-SHARE-DIVIDEND] 00.34
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.05
[EXPENSE-RATIO] 00.60
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 2
[NAME] INCOME PORTFOLIO, CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 47,320,903
[INVESTMENTS-AT-VALUE] 49,731,739
[RECEIVABLES] 161,675
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 47,893,414
[PAYABLE-FOR-SECURITIES] 136,732
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 9,066
[TOTAL-LIABILITIES] 145,798
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 46,865,764
[SHARES-COMMON-STOCK] 1,842,875
[SHARES-COMMON-PRIOR] 1,539,796
[ACCUMULATED-NII-CURRENT] 25,252
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 441,634
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 2,410,836
[NET-ASSETS] 49,747,616
[DIVIDEND-INCOME] 1,436,259
[INTEREST-INCOME] 8,749
[OTHER-INCOME] 0
[EXPENSES-NET] 181,172
[NET-INVESTMENT-INCOME] 1,263,836
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 2,032,418
[NET-CHANGE-FROM-OPS] 3,296,254
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 540,523
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 479,567
[NUMBER-OF-SHARES-REDEEMED] 218,598
[SHARES-REINVESTED] 37,827
[NET-CHANGE-IN-ASSETS] 12,017,153
[ACCUMULATED-NII-PRIOR] 5,395
[ACCUMULATED-GAINS-PRIOR] 441,634
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 74,233
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 74,233
[AVERAGE-NET-ASSETS] 19,692,731
[PER-SHARE-NAV-BEGIN] 11.53
[PER-SHARE-NII] 00.32
[PER-SHARE-GAIN-APPREC] 00.51
[PER-SHARE-DIVIDEND] 00.31
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.05
[EXPENSE-RATIO] 01.10
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 2
[NAME] INCOME PORTFOLIO, CLASS C
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 47,320,903
[INVESTMENTS-AT-VALUE] 49,731,739
[RECEIVABLES] 161,675
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 47,893,414
[PAYABLE-FOR-SECURITIES] 136,732
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 9,066
[TOTAL-LIABILITIES] 145,798
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 46,865,764
[SHARES-COMMON-STOCK] 238,409
[SHARES-COMMON-PRIOR] 182,707
[ACCUMULATED-NII-CURRENT] 25,252
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 441,634
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 2,410,836
[NET-ASSETS] 49,747,616
[DIVIDEND-INCOME] 1,436,259
[INTEREST-INCOME] 8,749
[OTHER-INCOME] 0
[EXPENSES-NET] 181,172
[NET-INVESTMENT-INCOME] 1,263,836
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 2,032,418
[NET-CHANGE-FROM-OPS] 3,296,254
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 66,601
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 72,952
[NUMBER-OF-SHARES-REDEEMED] 21,405
[SHARES-REINVESTED] 3,557
[NET-CHANGE-IN-ASSETS] 12,017,153
[ACCUMULATED-NII-PRIOR] 5,395
[ACCUMULATED-GAINS-PRIOR] 441,634
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 74,233
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 74,233
[AVERAGE-NET-ASSETS] 2,401,912
[PER-SHARE-NAV-BEGIN] 11.53
[PER-SHARE-NII] 00.33
[PER-SHARE-GAIN-APPREC] 00.51
[PER-SHARE-DIVIDEND] 00.32
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.05
[EXPENSE-RATIO] 01.05
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 2
[NAME] INCOME PORTFOLIO, CLASS Z
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 47,320,903
[INVESTMENTS-AT-VALUE] 49,731,739
[RECEIVABLES] 161,675
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 47,893,414
[PAYABLE-FOR-SECURITIES] 136,732
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 9,066
[TOTAL-LIABILITIES] 145,798
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 46,865,764
[SHARES-COMMON-STOCK] 22,854
[SHARES-COMMON-PRIOR] 19
[ACCUMULATED-NII-CURRENT] 25,252
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 441,634
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 2,410,836
[NET-ASSETS] 49,747,616
[DIVIDEND-INCOME] 1,436,259
[INTEREST-INCOME] 8,749
[OTHER-INCOME] 0
[EXPENSES-NET] 181,172
[NET-INVESTMENT-INCOME] 1,263,836
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 2,032,418
[NET-CHANGE-FROM-OPS] 3,296,254
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 5,245
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 22,863
[NUMBER-OF-SHARES-REDEEMED] 498
[SHARES-REINVESTED] 451
[NET-CHANGE-IN-ASSETS] 12,017,153
[ACCUMULATED-NII-PRIOR] 5,395
[ACCUMULATED-GAINS-PRIOR] 441,634
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 74,233
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 74,233
[AVERAGE-NET-ASSETS] 160,775
[PER-SHARE-NAV-BEGIN] 11.53
[PER-SHARE-NII] 00.38
[PER-SHARE-GAIN-APPREC] 00.51
[PER-SHARE-DIVIDEND] 00.36
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.06
[EXPENSE-RATIO] 00.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 3
[NAME] CONSERVATIVE PORTFOLIO, CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 82,664,318
[INVESTMENTS-AT-VALUE] 88,360,553
[RECEIVABLES] 100,358
[ASSETS-OTHER] 911
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 88,461,822
[PAYABLE-FOR-SECURITIES] 391,594
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 17,359
[TOTAL-LIABILITIES] 408,953
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 81,078,085
[SHARES-COMMON-STOCK] 3,348,116
[SHARES-COMMON-PRIOR] 2,561,373
[ACCUMULATED-NII-CURRENT] 322,618
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 948,951
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 5,696,235
[NET-ASSETS] 88,052,869
[DIVIDEND-INCOME] 2,367,574
[INTEREST-INCOME] 19,479
[OTHER-INCOME] 0
[EXPENSES-NET] 315,439
[NET-INVESTMENT-INCOME] 2,071,614
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 4,565,551
[NET-CHANGE-FROM-OPS] 6,637,165
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 906,030
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,100,376
[NUMBER-OF-SHARES-REDEEMED] 409,642
[SHARES-REINVESTED] 73,783
[NET-CHANGE-IN-ASSETS] 25,147,492
[ACCUMULATED-NII-PRIOR] 1,043,293
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 315,439
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 315,439
[AVERAGE-NET-ASSETS] 35,952,789
[PER-SHARE-NAV-BEGIN] 11.90
[PER-SHARE-NII] 00.34
[PER-SHARE-GAIN-APPREC] 00.68
[PER-SHARE-DIVIDEND] 00.30
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.62
[EXPENSE-RATIO] 00.60
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 3
[NAME] CONSERVATIVE PORTFOLIO, CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 82,664,318
[INVESTMENTS-AT-VALUE] 88,360,553
[RECEIVABLES] 100,358
[ASSETS-OTHER] 911
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 88,461,822
[PAYABLE-FOR-SECURITIES] 391,594
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 17,359
[TOTAL-LIABILITIES] 408,953
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 81,078,085
[SHARES-COMMON-STOCK] 3,193,981
[SHARES-COMMON-PRIOR] 2,371,681
[ACCUMULATED-NII-CURRENT] 322,618
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 948,951
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 5,696,235
[NET-ASSETS] 88,052,869
[DIVIDEND-INCOME] 2,367,574
[INTEREST-INCOME] 19,479
[OTHER-INCOME] 0
[EXPENSES-NET] 315,439
[NET-INVESTMENT-INCOME] 2,071,614
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 4,565,551
[NET-CHANGE-FROM-OPS] 6,637,165
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 787,186
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 930,794
[NUMBER-OF-SHARES-REDEEMED] 163,679
[SHARES-REINVESTED] 60,854
[NET-CHANGE-IN-ASSETS] 25,147,492
[ACCUMULATED-NII-PRIOR] 1,043,293
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 315,439
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 315,439
[AVERAGE-NET-ASSETS] 34,081,866
[PER-SHARE-NAV-BEGIN] 11.89
[PER-SHARE-NII] 00.31
[PER-SHARE-GAIN-APPREC] 00.68
[PER-SHARE-DIVIDEND] 00.27
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.61
[EXPENSE-RATIO] 01.10
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 3
[NAME] CONSERVATIVE PORTFOLIO, CLASS C
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 82,664,318
[INVESTMENTS-AT-VALUE] 88,360,553
[RECEIVABLES] 100,358
[ASSETS-OTHER] 911
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 88,461,822
[PAYABLE-FOR-SECURITIES] 391,594
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 17,359
[TOTAL-LIABILITIES] 408,953
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 81,078,085
[SHARES-COMMON-STOCK] 403,136
[SHARES-COMMON-PRIOR] 339,603
[ACCUMULATED-NII-CURRENT] 322,618
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 948,951
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 5,696,235
[NET-ASSETS] 88,052,869
[DIVIDEND-INCOME] 2,367,574
[INTEREST-INCOME] 19,479
[OTHER-INCOME] 0
[EXPENSES-NET] 315,439
[NET-INVESTMENT-INCOME] 2,071,614
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 4,565,551
[NET-CHANGE-FROM-OPS] 6,637,165
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 101,924
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 82,782
[NUMBER-OF-SHARES-REDEEMED] 26,733
[SHARES-REINVESTED] 7,716
[NET-CHANGE-IN-ASSETS] 25,147,492
[ACCUMULATED-NII-PRIOR] 1,043,293
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 315,439
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 315,439
[AVERAGE-NET-ASSETS] 4,402,139
[PER-SHARE-NAV-BEGIN] 11.89
[PER-SHARE-NII] 00.32
[PER-SHARE-GAIN-APPREC] 00.68
[PER-SHARE-DIVIDEND] 00.28
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.61
[EXPENSE-RATIO] 01.05
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 3
[NAME] CONSERVATIVE PORTFOLIO, CLASS Z
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 82,664,318
[INVESTMENTS-AT-VALUE] 88,360,553
[RECEIVABLES] 100,358
[ASSETS-OTHER] 911
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 88,461,822
[PAYABLE-FOR-SECURITIES] 391,594
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 17,359
[TOTAL-LIABILITIES] 408,953
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 81,078,085
[SHARES-COMMON-STOCK] 34,944
[SHARES-COMMON-PRIOR] 44
[ACCUMULATED-NII-CURRENT] 322,618
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 948,951
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 5,696,235
[NET-ASSETS] 88,052,869
[DIVIDEND-INCOME] 2,367,574
[INTEREST-INCOME] 19,479
[OTHER-INCOME] 0
[EXPENSES-NET] 315,439
[NET-INVESTMENT-INCOME] 2,071,614
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 4,565,551
[NET-CHANGE-FROM-OPS] 6,637,165
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 4,617
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 42,838
[NUMBER-OF-SHARES-REDEEMED] 8,315
[SHARES-REINVESTED] 377
[NET-CHANGE-IN-ASSETS] 25,147,492
[ACCUMULATED-NII-PRIOR] 1,043,293
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 315,439
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 315,439
[AVERAGE-NET-ASSETS] 143,095
[PER-SHARE-NAV-BEGIN] 11.90
[PER-SHARE-NII] 00.37
[PER-SHARE-GAIN-APPREC] 00.68
[PER-SHARE-DIVIDEND] 00.32
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.63
[EXPENSE-RATIO] 00.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 4
[NAME] GROWTH PORTFOLIO, CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 507,168,703
[INVESTMENTS-AT-VALUE] 574,786,559
[RECEIVABLES] 555,348
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 492
[TOTAL-ASSETS] 575,343,399
[PAYABLE-FOR-SECURITIES] 1,206,589
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 580,089
[TOTAL-LIABILITIES] 1,706,678
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 498,341,935
[SHARES-COMMON-STOCK] 17,211,109
[SHARES-COMMON-PRIOR] 13,069,698
[ACCUMULATED-NII-CURRENT] 4,195,892
[OVERDISTRIBUTION-NII] 4,195,892
[ACCUMULATED-NET-GAINS] 3,481,038
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 67,617,856
[NET-ASSETS] 573,636,721
[DIVIDEND-INCOME] 5,989,799
[INTEREST-INCOME] 109,463
[OTHER-INCOME] 0
[EXPENSES-NET] 2,445,317
[NET-INVESTMENT-INCOME] 3,653,945
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 50,891,810
[NET-CHANGE-FROM-OPS] 54,545,755
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 5,530,771
[NUMBER-OF-SHARES-REDEEMED] 1,389,360
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 167,444,888
[ACCUMULATED-NII-PRIOR] 10,498,109
[ACCUMULATED-GAINS-PRIOR] 3,809,172
[OVERDISTRIB-NII-PRIOR] 541,947
[OVERDIST-NET-GAINS-PRIOR] 3,809,172
[GROSS-ADVISORY-FEES] 180,523
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,445,317
[AVERAGE-NET-ASSETS] 193,403,942
[PER-SHARE-NAV-BEGIN] 12.32
[PER-SHARE-NII] 00.11
[PER-SHARE-GAIN-APPREC] 01.23
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.66
[EXPENSE-RATIO] 00.60
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 4
[NAME] GROWTH PORTFOLIO, CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 507,168,703
[INVESTMENTS-AT-VALUE] 574,786,559
[RECEIVABLES] 555,348
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 492
[TOTAL-ASSETS] 575,343,399
[PAYABLE-FOR-SECURITIES] 1,206,589
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 580,089
[TOTAL-LIABILITIES] 1,706,678
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 498,341,935
[SHARES-COMMON-STOCK] 21,865,032
[SHARES-COMMON-PRIOR] 17,154,346
[ACCUMULATED-NII-CURRENT] 4,195,892
[OVERDISTRIBUTION-NII] 4,195,892
[ACCUMULATED-NET-GAINS] 3,481,038
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 67,617,856
[NET-ASSETS] 573,636,721
[DIVIDEND-INCOME] 5,989,799
[INTEREST-INCOME] 109,463
[OTHER-INCOME] 0
[EXPENSES-NET] 2,445,317
[NET-INVESTMENT-INCOME] 3,653,945
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 50,891,810
[NET-CHANGE-FROM-OPS] 54,545,755
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 6,088,501
[NUMBER-OF-SHARES-REDEEMED] 1,377,815
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 167,444,888
[ACCUMULATED-NII-PRIOR] 10,498,109
[ACCUMULATED-GAINS-PRIOR] 3,809,172
[OVERDISTRIB-NII-PRIOR] 541,947
[OVERDIST-NET-GAINS-PRIOR] 3,809,172
[GROSS-ADVISORY-FEES] 180,523
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,445,317
[AVERAGE-NET-ASSETS] 245,667,167
[PER-SHARE-NAV-BEGIN] 12.33
[PER-SHARE-NII] 00.07
[PER-SHARE-GAIN-APPREC] 01.22
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.62
[EXPENSE-RATIO] 01.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 4
[NAME] GROWTH PORTFOLIO, CLASS C
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 507,168,703
[INVESTMENTS-AT-VALUE] 574,786,559
[RECEIVABLES] 555,348
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 492
[TOTAL-ASSETS] 575,343,399
[PAYABLE-FOR-SECURITIES] 1,206,589
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 580,089
[TOTAL-LIABILITIES] 1,706,678
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 498,341,935
[SHARES-COMMON-STOCK] 2,903,448
[SHARES-COMMON-PRIOR] 2,537,474
[ACCUMULATED-NII-CURRENT] 4,195,892
[OVERDISTRIBUTION-NII] 4,195,892
[ACCUMULATED-NET-GAINS] 3,481,038
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 67,617,856
[NET-ASSETS] 573,636,721
[DIVIDEND-INCOME] 5,989,799
[INTEREST-INCOME] 109,463
[OTHER-INCOME] 0
[EXPENSES-NET] 2,445,317
[NET-INVESTMENT-INCOME] 3,653,945
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 50,891,810
[NET-CHANGE-FROM-OPS] 54,545,755
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 614,264
[NUMBER-OF-SHARES-REDEEMED] 248,290
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 167,444,888
[ACCUMULATED-NII-PRIOR] 10,498,109
[ACCUMULATED-GAINS-PRIOR] 3,809,172
[OVERDISTRIB-NII-PRIOR] 541,947
[OVERDIST-NET-GAINS-PRIOR] 3,809,172
[GROSS-ADVISORY-FEES] 180,523
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,445,317
[AVERAGE-NET-ASSETS] 34,279,639
[PER-SHARE-NAV-BEGIN] 12.33
[PER-SHARE-NII] 00.07
[PER-SHARE-GAIN-APPREC] 01.22
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.62
[EXPENSE-RATIO] 01.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 4
[NAME] GROWTH PORTFOLIO, CLASS Z
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 507,168,703
[INVESTMENTS-AT-VALUE] 574,786,559
[RECEIVABLES] 555,348
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 492
[TOTAL-ASSETS] 575,343,399
[PAYABLE-FOR-SECURITIES] 1,206,589
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 580,089
[TOTAL-LIABILITIES] 1,706,678
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 498,341,935
[SHARES-COMMON-STOCK] 94,546
[SHARES-COMMON-PRIOR] 488
[ACCUMULATED-NII-CURRENT] 4,195,892
[OVERDISTRIBUTION-NII] 4,195,892
[ACCUMULATED-NET-GAINS] 3,481,038
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 67,617,856
[NET-ASSETS] 573,636,721
[DIVIDEND-INCOME] 5,989,799
[INTEREST-INCOME] 109,463
[OTHER-INCOME] 0
[EXPENSES-NET] 2,445,317
[NET-INVESTMENT-INCOME] 3,653,945
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 50,891,810
[NET-CHANGE-FROM-OPS] 54,545,755
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 95,894
[NUMBER-OF-SHARES-REDEEMED] 1,836
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 167,444,888
[ACCUMULATED-NII-PRIOR] 10,498,109
[ACCUMULATED-GAINS-PRIOR] 3,809,172
[OVERDISTRIB-NII-PRIOR] 541,947
[OVERDIST-NET-GAINS-PRIOR] 3,809,172
[GROSS-ADVISORY-FEES] 180,523
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,445,317
[AVERAGE-NET-ASSETS] 392,180
[PER-SHARE-NAV-BEGIN] 12.32
[PER-SHARE-NII] 00.15
[PER-SHARE-GAIN-APPREC] 01.20
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.67
[EXPENSE-RATIO] 00.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 5
[NAME] HIGH GROWTH PORTFOLIO, CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 398,269,506
[INVESTMENTS-AT-VALUE] 455,638,817
[RECEIVABLES] 261,814
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 455,900,631
[PAYABLE-FOR-SECURITIES] 1,602,515
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 163,723
[TOTAL-LIABILITIES] 1,766,238
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 393,941,642
[SHARES-COMMON-STOCK] 16,512,786
[SHARES-COMMON-PRIOR] 12,412,308
[ACCUMULATED-NII-CURRENT] 277,428
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 2,546,012
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 57,369,311
[NET-ASSETS] 454,134,393
[DIVIDEND-INCOME] 1,872,573
[INTEREST-INCOME] 94,475
[OTHER-INCOME] 0
[EXPENSES-NET] 1,781,570
[NET-INVESTMENT-INCOME] 185,482
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 43,312,762
[NET-CHANGE-FROM-OPS] 43,498,244
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 5,592,969
[NUMBER-OF-SHARES-REDEEMED] 1,492,491
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 139,479,970
[ACCUMULATED-NII-PRIOR] 91,946
[ACCUMULATED-GAINS-PRIOR] 2,546,012
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1,093,141
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,093,141
[AVERAGE-NET-ASSETS] 182,492,628
[PER-SHARE-NAV-BEGIN] 12.41
[PER-SHARE-NII] 00.03
[PER-SHARE-GAIN-APPREC] 01.29
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.73
[EXPENSE-RATIO] 00.60
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 5
[NAME] HIGH GROWTH PORTFOLIO, CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 398,269,506
[INVESTMENTS-AT-VALUE] 455,638,817
[RECEIVABLES] 261,814
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 455,900,631
[PAYABLE-FOR-SECURITIES] 1,602,515
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 163,723
[TOTAL-LIABILITIES] 1,766,238
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 393,941,642
[SHARES-COMMON-STOCK] 14,654,528
[SHARES-COMMON-PRIOR] 11,377,869
[ACCUMULATED-NII-CURRENT] 277,428
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 2,546,012
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 57,369,311
[NET-ASSETS] 454,134,393
[DIVIDEND-INCOME] 1,872,573
[INTEREST-INCOME] 94,475
[OTHER-INCOME] 0
[EXPENSES-NET] 1,781,570
[NET-INVESTMENT-INCOME] 185,482
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 43,312,762
[NET-CHANGE-FROM-OPS] 43,498,244
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 4,393,568
[NUMBER-OF-SHARES-REDEEMED] 1,116,909
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 139,479,970
[ACCUMULATED-NII-PRIOR] 91,946
[ACCUMULATED-GAINS-PRIOR] 2,546,012
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1,093,141
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,093,141
[AVERAGE-NET-ASSETS] 164,418,225
[PER-SHARE-NAV-BEGIN] 12.41
[PER-SHARE-NII] 00.02
[PER-SHARE-GAIN-APPREC] 01.29
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.68
[EXPENSE-RATIO] 01.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 5
[NAME] HIGH GROWTH PORTFOLIO, CLASS C
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 398,269,506
[INVESTMENTS-AT-VALUE] 455,638,817
[RECEIVABLES] 261,814
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 455,900,631
[PAYABLE-FOR-SECURITIES] 1,602,515
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 163,723
[TOTAL-LIABILITIES] 1,766,238
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 393,941,642
[SHARES-COMMON-STOCK] 1,876,650
[SHARES-COMMON-PRIOR] 1,557,244
[ACCUMULATED-NII-CURRENT] 277,428
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 2,546,012
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 57,369,311
[NET-ASSETS] 454,134,393
[DIVIDEND-INCOME] 1,872,573
[INTEREST-INCOME] 94,475
[OTHER-INCOME] 0
[EXPENSES-NET] 1,781,570
[NET-INVESTMENT-INCOME] 185,482
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 43,312,762
[NET-CHANGE-FROM-OPS] 43,498,244
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 537,707
[NUMBER-OF-SHARES-REDEEMED] 218,301
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 139,479,970
[ACCUMULATED-NII-PRIOR] 91,946
[ACCUMULATED-GAINS-PRIOR] 2,546,012
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1,093,141
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,093,141
[AVERAGE-NET-ASSETS] 21,294,720
[PER-SHARE-NAV-BEGIN] 12.42
[PER-SHARE-NII] 00.02
[PER-SHARE-GAIN-APPREC] 01.29
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.69
[EXPENSE-RATIO] 01.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 5
[NAME] HIGH GROWTH PORTFOLIO, CLASS Z
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 398,269,506
[INVESTMENTS-AT-VALUE] 455,638,817
[RECEIVABLES] 261,814
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 455,900,631
[PAYABLE-FOR-SECURITIES] 1,602,515
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 163,723
[TOTAL-LIABILITIES] 1,766,238
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 393,941,642
[SHARES-COMMON-STOCK] 91,823
[SHARES-COMMON-PRIOR] 340
[ACCUMULATED-NII-CURRENT] 277,428
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 2,546,012
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 57,369,311
[NET-ASSETS] 454,134,393
[DIVIDEND-INCOME] 1,872,573
[INTEREST-INCOME] 94,475
[OTHER-INCOME] 0
[EXPENSES-NET] 1,781,570
[NET-INVESTMENT-INCOME] 185,482
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 43,312,762
[NET-CHANGE-FROM-OPS] 43,498,244
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 93,449
[NUMBER-OF-SHARES-REDEEMED] 1,966
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 139,479,970
[ACCUMULATED-NII-PRIOR] 91,946
[ACCUMULATED-GAINS-PRIOR] 2,546,012
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1,093,141
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,093,141
[AVERAGE-NET-ASSETS] 381,977
[PER-SHARE-NAV-BEGIN] 12.41
[PER-SHARE-NII] 00.05
[PER-SHARE-GAIN-APPREC] 01.29
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.75
[EXPENSE-RATIO] 00.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 6
[NAME] SELECT CONSERVATIVE PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 3,142,262
[INVESTMENTS-AT-VALUE] 3,258,397
[RECEIVABLES] 11,362
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 3,269,759
[PAYABLE-FOR-SECURITIES] 143,599
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 0
[TOTAL-LIABILITIES] 143,599
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 2,915,281
[SHARES-COMMON-STOCK] 286,063
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 34,744
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 116,135
[NET-ASSETS] 3,126,160
[DIVIDEND-INCOME] 34,732
[INTEREST-INCOME] 1,728
[OTHER-INCOME] 0
[EXPENSES-NET] 1,716
[NET-INVESTMENT-INCOME] 34,744
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 116,135
[NET-CHANGE-FROM-OPS] 150,879
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 324,096
[NUMBER-OF-SHARES-REDEEMED] 38,033
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 3,126,160
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1,716
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,716
[AVERAGE-NET-ASSETS] 1,029,078
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] 00.12
[PER-SHARE-GAIN-APPREC] 00.81
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.93
[EXPENSE-RATIO] 00.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 7
[NAME] SELECT GROWTH PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 13,701,303
[INVESTMENTS-AT-VALUE] 14,676,136
[RECEIVABLES] 7,142
[ASSETS-OTHER] 399
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 14,683,677
[PAYABLE-FOR-SECURITIES] 460,285
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 0
[TOTAL-LIABILITIES] 460,285
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 13,185,048
[SHARES-COMMON-STOCK] 1,273,839
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 63,511
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 974,833
[NET-ASSETS] 14,223,392
[DIVIDEND-INCOME] 62,450
[INTEREST-INCOME] 8,795
[OTHER-INCOME] 0
[EXPENSES-NET] 7,734
[NET-INVESTMENT-INCOME] 63,511
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 974,833
[NET-CHANGE-FROM-OPS] 1,038,344
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,280,628
[NUMBER-OF-SHARES-REDEEMED] 6,789
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 14,223,392
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 7,734
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 7,734
[AVERAGE-NET-ASSETS] 4,536,852
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] 00.05
[PER-SHARE-GAIN-APPREC] 01.12
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 11.17
[EXPENSE-RATIO] 00.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 8
[NAME] SELECT HIGH GROWTH
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 8,974,311
[INVESTMENTS-AT-VALUE] 9,744,531
[RECEIVABLES] 8,487
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 691
[TOTAL-ASSETS] 9,753,709
[PAYABLE-FOR-SECURITIES] 249,446
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 0
[TOTAL-LIABILITIES] 249,446
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 8,716,824
[SHARES-COMMON-STOCK] 844,933
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 17,219
[OVERDISTRIBUTION-NII] 17,219
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 770,220
[NET-ASSETS] 9,504,263
[DIVIDEND-INCOME] 16,840
[INTEREST-INCOME] 5,537
[OTHER-INCOME] 0
[EXPENSES-NET] 5,158
[NET-INVESTMENT-INCOME] 17,219
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 770,220
[NET-CHANGE-FROM-OPS] 787,439
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 853,132
[NUMBER-OF-SHARES-REDEEMED] 8,199
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 9,504,263
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 5,158
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 5,158
[AVERAGE-NET-ASSETS] 3,092,523
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] 00.02
[PER-SHARE-GAIN-APPREC] 01.23
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 11.25
[EXPENSE-RATIO] 00.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 9
[NAME] SELECT BALANCED PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 16,743,979
[INVESTMENTS-AT-VALUE] 17,567,253
[RECEIVABLES] 11,443
[ASSETS-OTHER] 75
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 17,578,771
[PAYABLE-FOR-SECURITIES] 533,056
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 0
[TOTAL-LIABILITIES] 533,056
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 16,081,680
[SHARES-COMMON-STOCK] 1,542,328
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 140,761
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 823,274
[NET-ASSETS] 17,045,715
[DIVIDEND-INCOME] 140,498
[INTEREST-INCOME] 9,627
[OTHER-INCOME] 0
[EXPENSES-NET] 9,364
[NET-INVESTMENT-INCOME] 140,761
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 823,274
[NET-CHANGE-FROM-OPS] 964,035
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,570,045
[NUMBER-OF-SHARES-REDEEMED] 27,717
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 17,045,715
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 9,364
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 9,364
[AVERAGE-NET-ASSETS] 5,613,512
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] 00.09
[PER-SHARE-GAIN-APPREC] 00.96
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 11.05
[EXPENSE-RATIO] 00.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
[NUMBER] 10
[NAME] SELECT INCOME PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] JAN-31-1998
[PERIOD-END] JUL-31-1997
[INVESTMENTS-AT-COST] 1,650,759
[INVESTMENTS-AT-VALUE] 1,700,482
[RECEIVABLES] 11,621
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 1,712,103
[PAYABLE-FOR-SECURITIES] 80,051
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 0
[TOTAL-LIABILITIES] 80,051
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1,565,075
[SHARES-COMMON-STOCK] 150,429
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 17,254
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 49,723
[NET-ASSETS] 1,632,052
[DIVIDEND-INCOME] 17,202
[INTEREST-INCOME] 892
[OTHER-INCOME] 0
[EXPENSES-NET] 840
[NET-INVESTMENT-INCOME] 17,254
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 49,723
[NET-CHANGE-FROM-OPS] 66,977
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 154,846
[NUMBER-OF-SHARES-REDEEMED] 4,417
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 1,632,052
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 840
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 840
[AVERAGE-NET-ASSETS] 504,272
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] 00.11
[PER-SHARE-GAIN-APPREC] 00.74
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.85
[EXPENSE-RATIO] 00.35
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
