<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000764624
<NAME> High Income Bond Fund
<SERIES>
<NUMBER>008
<NAME>Smith Barney Income Funds
<S> <C>
<PERIOD-TYPE> Year
<FISCAL-YEAR-END> Jul-31-2000
<PERIOD-END> Jul-31-2000
<INVESTMENTS-AT-COST> 1,458,225,606
<INVESTMENTS-AT-VALUE> 1,367,588,492
<RECEIVABLES> 39,098,862
<ASSETS-OTHER> 637
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,406,687,991
<PAYABLE-FOR-SECURITIES> 6,505,559
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 4,029,043
<TOTAL-LIABILITIES> 10,534,602
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,727,563,341
<SHARES-COMMON-STOCK> 9,017
<SHARES-COMMON-PRIOR> 9,590
<ACCUMULATED-NII-CURRENT> 3,467,530
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (245,022,774)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (89,854,708)
<NET-ASSETS> 1,396,153,389
<DIVIDEND-INCOME> 1,654,564
<INTEREST-INCOME> 168,511,892
<OTHER-INCOME> 0
<EXPENSES-NET> 19,845,947
<NET-INVESTMENT-INCOME> 150,320,509
<REALIZED-GAINS-CURRENT> (100,785,621)
<APPREC-INCREASE-CURRENT> (34,720,989)
<NET-CHANGE-FROM-OPS> 14,813,899
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 8,796
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 1,065
<SHARES-REINVESTED> 492
<NET-CHANGE-IN-ASSETS> (269,222,568)
<ACCUMULATED-NII-PRIOR> (7,563,912)
<ACCUMULATED-GAINS-PRIOR> (148,632,692)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 10,802,942
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 19,845,947
<AVERAGE-NET-ASSETS> 87,515
<PER-SHARE-NAV-BEGIN> 10.290
<PER-SHARE-NII> 0.680
<PER-SHARE-GAIN-APPREC> (1.060)
<PER-SHARE-DIVIDEND> 0.980
<PER-SHARE-DISTRIBUTIONS> 0.000
<RETURNS-OF-CAPITAL> 0.000
<PER-SHARE-NAV-END> 9.430
<EXPENSE-RATIO> 4.46
</TABLE>