10f-3 REPORT
SMITH BARNEY INVESTMENT FUNDS
SMITH BARNEY SMALL CAP GROWTH FUND
March 1, 2000 through May 31, 2000
Trade % of
Issuer Date Selling Dealer Amount Price Issue(1)
Switchboard 03/02/00 Banc Boston Robertson $15,000 $15.00 0.04%A
Versata 03/03/00 Thomas Weisel 2,400 24.00 0.01
Silicon Laboratories 03/24/00 Morgan Stanley DW 310,000 31.00 0.31
Oni Systems 05/31/00 Goldman Sachs 100,000 25.00 0.13B
(1) Represents purchases by all affiliated funds; may not exceed
25% of the principal amount of the offering.
A - Includes purchases of $14,775 by other SB Mutual Funds.
B - Includes purchases of $150,000 by other SB Mutual Funds.