<PAGE> PAGE 1
000 B000000 08/31/95
000 C000000 277585
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 SALOMON BROTHERS OPPORTUNITY FUND
001 B000000 811-2884
001 C000000 2127837432
002 A000000 7 WORLD TRADE CENTER
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10048
003 000000 N
004 000000 N
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007 C011000 10
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007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
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007 C012000 20
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008 B000001 A
008 C000001 801-32046
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10048
012 A000001 THE SHAREHOLDER SERVICES GROUP INC.
012 B000001 84-01761
012 C010001 BOSTON
<PAGE> PAGE 2
012 C020001 MA
012 C030001 02205
013 A000001 PRICE WATERHOUSE LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
013 B020002 '
014 A000001 SALOMON BROTHERS INC
014 B000001 8-32041
015 A000001 BOSTON SAFE DEPOSIT & TRUST CO.
015 B000001 C
015 C010001 BOSTON
015 C020001 MA
015 C030001 02205
015 E010001 X
018 000000 Y
019 A000000 Y
019 B000000 4
019 C000000 SALOMONFDS
020 A000001 WERTHEIM
020 B000001 13-2697272
020 C000001 5
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020 C000002 4
020 A000003 FOX PITT, KELTON
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020 A000007 SANFORD C. BERNSTEIN
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<PAGE> PAGE 3
022 B000001 95-3583143
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022 A000005 JEFFRIES
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022 A000010 SMITH BARNEY
022 B000010 13-1912900
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024 000000 Y
025 A000001 SALOMON INC
025 B000001 13-3082694
025 C000001 E
025 D000001 272
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
<PAGE> PAGE 4
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 N
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026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
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<PAGE> PAGE 5
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<PAGE> PAGE 6
054 E000000 N
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<PAGE> PAGE 7
070 C020000 N
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070 F010000 N
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<PAGE> PAGE 8
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<PAGE> PAGE 9
075 A000000 0
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076 000000 0.00
077 A000000 Y
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078 000000 N
080 A000000 GULF INSURANCE
080 C000000 12500
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SIGNATURE ALAN M. MANDEL
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000277585
<NAME> SALOMON BROTHERS OPPORTUNITY FUND
<MULTIPLIER> 1
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 47,157,136
<INVESTMENTS-AT-VALUE> 125,549,031
<RECEIVABLES> 550,999
<ASSETS-OTHER> 799
<OTHER-ITEMS-ASSETS> 18,523,694
<TOTAL-ASSETS> 144,624,523
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 142,907
<TOTAL-LIABILITIES> 142,907
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 62,814,767
<SHARES-COMMON-STOCK> 3,820,762
<SHARES-COMMON-PRIOR> 3,670,611
<ACCUMULATED-NII-CURRENT> 83,880
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,152,866
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 78,391,895
<NET-ASSETS> 144,481,616
<DIVIDEND-INCOME> 1,230,754
<INTEREST-INCOME> 463,860
<OTHER-INCOME> 0
<EXPENSES-NET> 817,070
<NET-INVESTMENT-INCOME> 877,544
<REALIZED-GAINS-CURRENT> 4,067,580
<APPREC-INCREASE-CURRENT> 9,549,018
<NET-CHANGE-FROM-OPS> 14,494,142
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,749,572
<DISTRIBUTIONS-OF-GAINS> 4,957,121
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 424,134
<NUMBER-OF-SHARES-REDEEMED> 431,711
<SHARES-REINVESTED> 157,728
<NET-CHANGE-IN-ASSETS> 13,244,913
<ACCUMULATED-NII-PRIOR> 955,908
<ACCUMULATED-GAINS-PRIOR> 4,042,407
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 691,090
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 817,070
<AVERAGE-NET-ASSETS> 138,365,061
<PER-SHARE-NAV-BEGIN> 35.75
<PER-SHARE-NII> .24
<PER-SHARE-GAIN-APPREC> 3.66
<PER-SHARE-DIVIDEND> .48
<PER-SHARE-DISTRIBUTIONS> 1.36
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 37.81
<EXPENSE-RATIO> 1.18
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
