<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000355747
<NAME> Smith Barney Premier Selections Global Growth Fund
<SERIES>
<NUMBER>005
<NAME>Smith Barney Investment Funds Inc.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Apr-30-2001
<PERIOD-END> Oct-31-2000
<INVESTMENTS-AT-COST> 251,594,313
<INVESTMENTS-AT-VALUE> 247,848,034
<RECEIVABLES> 339,397
<ASSETS-OTHER> 1,350,381
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 249,537,812
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 391,606
<TOTAL-LIABILITIES> 391,606
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 256,103,812
<SHARES-COMMON-STOCK> 18,149,645
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> (998,211)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,212,646)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,746,749)
<NET-ASSETS> 249,146,206
<DIVIDEND-INCOME> 137,886
<INTEREST-INCOME> 528,768
<OTHER-INCOME> 0
<EXPENSES-NET> 1,664,865
<NET-INVESTMENT-INCOME> (998,211)
<REALIZED-GAINS-CURRENT> (2,212,646)
<APPREC-INCREASE-CURRENT> (3,746,749)
<NET-CHANGE-FROM-OPS> (6,957,606)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 18,545,328
<NUMBER-OF-SHARES-REDEEMED> 395,683
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 249,146,206
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 669,307
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,664,865
<AVERAGE-NET-ASSETS> 201,731,170
<PER-SHARE-NAV-BEGIN> 11.400
<PER-SHARE-NII> (0.050)
<PER-SHARE-GAIN-APPREC> (0.230)
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.150
<EXPENSE-RATIO> 2.05
</TABLE>