WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000355747
<NAME> Smith Barney Hansberger Global Value Fund
<SERIES>
<NUMBER>001
<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> 222,141,503
<INVESTMENTS-AT-VALUE> 221,416,265
<RECEIVABLES> 627,044
<ASSETS-OTHER> 613
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 222,043,922
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 305,396
<TOTAL-LIABILITIES> 305,396
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 224,250,260
<SHARES-COMMON-STOCK> 1,102,620
<SHARES-COMMON-PRIOR> 1,396,181
<ACCUMULATED-NII-CURRENT> 885,832
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,651,439)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (746,127)
<NET-ASSETS> 221,738,526
<DIVIDEND-INCOME> 2,007,825
<INTEREST-INCOME> 371,862
<OTHER-INCOME> 0
<EXPENSES-NET> 1,549,079
<NET-INVESTMENT-INCOME> 830,608
<REALIZED-GAINS-CURRENT> 2,132,931
<APPREC-INCREASE-CURRENT> (25,433,906)
<NET-CHANGE-FROM-OPS> (22,470,367)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6,942,120
<NUMBER-OF-SHARES-REDEEMED> 7,235,681
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (22,632,132)
<ACCUMULATED-NII-PRIOR> 389,238
<ACCUMULATED-GAINS-PRIOR> (5,118,384)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,159,117
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,549,079
<AVERAGE-NET-ASSETS> 15,711,120
<PER-SHARE-NAV-BEGIN> 13.140
<PER-SHARE-NII> 0.040
<PER-SHARE-GAIN-APPREC> (1.270)
<PER-SHARE-DIVIDEND> 0.000
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 11.910
<EXPENSE-RATIO> 1.41
</TABLE>
