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<PAGE> PAGE 4
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SIGNATURE THOMAS M. REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000351934
[NAME] SMITH BARNEY FUNDAMENTAL VALUE FUND INC. CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] SEP-30-1997
[PERIOD-END] MAR-31-1997
[INVESTMENTS-AT-COST] 1,210,553,256
[INVESTMENTS-AT-VALUE] 1,471,636,832
[RECEIVABLES] 4,481,314
[ASSETS-OTHER] 629
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 1,476,118,775
[PAYABLE-FOR-SECURITIES] 1,130,804
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 14,715,868
[TOTAL-LIABILITIES] 15,846,672
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1,151,840,738
[SHARES-COMMON-STOCK] 53,302,485
[SHARES-COMMON-PRIOR] 49,235,698
[ACCUMULATED-NII-CURRENT] 6,582,962
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 33,089,968
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 268,758,435
[NET-ASSETS] 1,460,272,103
[DIVIDEND-INCOME] 10,183,602
[INTEREST-INCOME] 7,132,004
[OTHER-INCOME] 0
[EXPENSES-NET] 10,934,723
[NET-INVESTMENT-INCOME] 6,380,883
[REALIZED-GAINS-CURRENT] 36,425,824
[APPREC-INCREASE-CURRENT] 92,102,569
[NET-CHANGE-FROM-OPS] 134,909,276
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 7,011,428
[DISTRIBUTIONS-OF-GAINS] 21,662,957
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 5,325,564
[NUMBER-OF-SHARES-REDEEMED] 4,191,374
[SHARES-REINVESTED] 2,932,597
[NET-CHANGE-IN-ASSETS] 209,332,398
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 3,807
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 10,934
[AVERAGE-NET-ASSETS] 500,581,333
[PER-SHARE-NAV-BEGIN] 9.31
[PER-SHARE-NII] 0.06
[PER-SHARE-GAIN-APPREC] 0.93
[PER-SHARE-DIVIDEND] 0.13
[PER-SHARE-DISTRIBUTIONS] 0.44
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 9.73
[EXPENSE-RATIO] 1.15
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000351934
[NAME] SMITH BARNEY FUNDAMENTAL VALUE FUND INC. CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] SEP-30-1997
[PERIOD-END] MAR-31-1997
[INVESTMENTS-AT-COST] 1,210,553,256
[INVESTMENTS-AT-VALUE] 1,471,636,832
[RECEIVABLES] 4,481,314
[ASSETS-OTHER] 629
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 1,476,118,775
[PAYABLE-FOR-SECURITIES] 1,130,804
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 14,715,868
[TOTAL-LIABILITIES] 15,846,672
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1,151,840,738
[SHARES-COMMON-STOCK] 83,750,368
[SHARES-COMMON-PRIOR] 76,009,204
[ACCUMULATED-NII-CURRENT] 6,582,962
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 33,089,968
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 268,758,435
[NET-ASSETS] 1,460,272,103
[DIVIDEND-INCOME] 10,183,602
[INTEREST-INCOME] 7,132,004
[OTHER-INCOME] 0
[EXPENSES-NET] 10,934,723
[NET-INVESTMENT-INCOME] 6,380,883
[REALIZED-GAINS-CURRENT] 36,425,824
[APPREC-INCREASE-CURRENT] 92,102,569
[NET-CHANGE-FROM-OPS] 134,909,276
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 5,182,678
[DISTRIBUTIONS-OF-GAINS] 33,667,594
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 10,688,329
[NUMBER-OF-SHARES-REDEEMED] 6,900,512
[SHARES-REINVESTED] 3,953,347
[NET-CHANGE-IN-ASSETS] 209,332,398
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 3,807
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 10,934
[AVERAGE-NET-ASSETS] 777,938,332
[PER-SHARE-NAV-BEGIN] 9.26
[PER-SHARE-NII] 0.01
[PER-SHARE-GAIN-APPREC] 0.94
[PER-SHARE-DIVIDEND] 0.06
[PER-SHARE-DISTRIBUTIONS] 0.44
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 9.71
[EXPENSE-RATIO] 1.91
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000351934
[NAME] SMITH BARNEY FUNDAMENTAL VALUE FUND INC. CLASS C
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] SEP-30-1997
[PERIOD-END] MAR-31-1997
[INVESTMENTS-AT-COST] 1,210,553,256
[INVESTMENTS-AT-VALUE] 1,471,636,832
[RECEIVABLES] 4,481,314
[ASSETS-OTHER] 629
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 1,476,118,775
[PAYABLE-FOR-SECURITIES] 1,130,804
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 14,715,868
[TOTAL-LIABILITIES] 15,846,672
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1,151,840,738
[SHARES-COMMON-STOCK] 5,398,819
[SHARES-COMMON-PRIOR] 4,811,659
[ACCUMULATED-NII-CURRENT] 6,582,962
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 33,089,968
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 268,758,435
[NET-ASSETS] 1,460,272,103
[DIVIDEND-INCOME] 10,183,602
[INTEREST-INCOME] 7,132,004
[OTHER-INCOME] 0
[EXPENSES-NET] 10,934,723
[NET-INVESTMENT-INCOME] 6,380,883
[REALIZED-GAINS-CURRENT] 36,425,824
[APPREC-INCREASE-CURRENT] 92,102,569
[NET-CHANGE-FROM-OPS] 134,909,276
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 345,041
[DISTRIBUTIONS-OF-GAINS] 2,162,472
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,461,049
[NUMBER-OF-SHARES-REDEEMED] 593,367
[SHARES-REINVESTED] 259,478
[NET-CHANGE-IN-ASSETS] 209,332,398
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 3,807
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 10,934
[AVERAGE-NET-ASSETS] 51,957,799
[PER-SHARE-NAV-BEGIN] 9.26
[PER-SHARE-NII] 0.01
[PER-SHARE-GAIN-APPREC] 0.94
[PER-SHARE-DIVIDEND] 0.06
[PER-SHARE-DISTRIBUTIONS] 0.44
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 9.71
[EXPENSE-RATIO] 1.90
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000351934
[NAME] SMITH BARNEY FUNDAMENTAL VALUE FUND INC. CLASS Y
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] SEP-30-1997
[PERIOD-END] MAR-31-1997
[INVESTMENTS-AT-COST] 1,210,553,256
[INVESTMENTS-AT-VALUE] 1,471,636,832
[RECEIVABLES] 4,481,314
[ASSETS-OTHER] 629
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 1,476,118,775
[PAYABLE-FOR-SECURITIES] 1,130,804
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 14,715,868
[TOTAL-LIABILITIES] 15,846,672
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1,151,840,738
[SHARES-COMMON-STOCK] 7,316,433
[SHARES-COMMON-PRIOR] 4,788,885
[ACCUMULATED-NII-CURRENT] 6,582,962
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 33,089,968
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 268,758,435
[NET-ASSETS] 1,460,272,103
[DIVIDEND-INCOME] 10,183,602
[INTEREST-INCOME] 7,132,004
[OTHER-INCOME] 0
[EXPENSES-NET] 10,934,723
[NET-INVESTMENT-INCOME] 6,380,883
[REALIZED-GAINS-CURRENT] 36,425,824
[APPREC-INCREASE-CURRENT] 92,102,569
[NET-CHANGE-FROM-OPS] 134,909,276
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 1,003,669
[DISTRIBUTIONS-OF-GAINS] 2,408,379
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 2,527,548
[NUMBER-OF-SHARES-REDEEMED] 0
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 209,332,398
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 3,807
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 10,934
[AVERAGE-NET-ASSETS] 60,675,090
[PER-SHARE-NAV-BEGIN] 9.32
[PER-SHARE-NII] 0.07
[PER-SHARE-GAIN-APPREC] 0.94
[PER-SHARE-DIVIDEND] 0.16
[PER-SHARE-DISTRIBUTIONS] 0.44
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 9.73
[EXPENSE-RATIO] 0.82
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
