March 1, 1995
VIA EDGAR
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
ATTN: Office of Filings, Information and Consumer Services
RE: Smith Barney Investment Funds Inc. (the "Company")
Smith Barney Government Securities Fund
Smith Barney Special Equities Fund
Smith Barney Investment Grade Bond Fund
File No. 2-74288
Gentlemen:
Pursuant to Rule 497(j) under the Securities Act of 1933, as amended,
please accept this letter as certification that the prospectuses for the
above-referenced Company do not differ from that contained in Post-
Effective Amendment No. 39 (the "Amendment") to the Company's Registration
Statement on Form N-1A. This Amendment was filed electronically on March
1, 1995.
Any comments on this filing should be directed to Paula J. Gilligan,
Senior Legal Product Manager, at (617) 722-3920.
Please return an electronic transmittal as evidence of your receipt
of this filing.
Very truly yours,
/s/ Robert Vegliante
Robert Vegliante
Vice President and
Associate General Counsel
funds\flmu\497j.doc