WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000748826
<NAME> Smith Barney Managed Governments Fund Inc.
<S> <C>
<PERIOD-TYPE> Year
<FISCAL-YEAR-END> Jul-31-2000
<PERIOD-END> Jul-31-2000
<INVESTMENTS-AT-COST> 464,212,011
<INVESTMENTS-AT-VALUE> 460,971,559
<RECEIVABLES> 58,192,997
<ASSETS-OTHER> 3,546
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 519,168,102
<PAYABLE-FOR-SECURITIES> 82,226,278
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,694,667
<TOTAL-LIABILITIES> 84,920,945
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 478,050,972
<SHARES-COMMON-STOCK> 22,496,571
<SHARES-COMMON-PRIOR> 26,616,649
<ACCUMULATED-NII-CURRENT> 272,711
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (40,836,074)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,240,452)
<NET-ASSETS> 434,247,157
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 33,361,030
<OTHER-INCOME> 0
<EXPENSES-NET> 4,811,699
<NET-INVESTMENT-INCOME> 28,549,331
<REALIZED-GAINS-CURRENT> (12,905,349)
<APPREC-INCREASE-CURRENT> 9,018,252
<NET-CHANGE-FROM-OPS> 24,662,234
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 17,113,459
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,169,302
<NUMBER-OF-SHARES-REDEEMED> 9,239,118
<SHARES-REINVESTED> 949,738
<NET-CHANGE-IN-ASSETS> (71,516,308)
<ACCUMULATED-NII-PRIOR> (1,238,955)
<ACCUMULATED-GAINS-PRIOR> (27,516,455)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,060,356
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,811,699
<AVERAGE-NET-ASSETS> 294,866,073
<PER-SHARE-NAV-BEGIN> 12.090
<PER-SHARE-NII> 0.730
<PER-SHARE-GAIN-APPREC> (0.090)
<PER-SHARE-DIVIDEND> 0.700
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 12.030
<EXPENSE-RATIO> 1.05
</TABLE>
