SMITH BARNEY SHEARSON SHORT TERM WORLD INCOME FUND, 497, 1994-02-24

SMITH BARNEY SHEARSON SHORT TERM WORLD INCOME FUND
497, 1994-02-24

Previous: SHEARSON LEHMAN BROTHERS UNIT TRUSTS FIFTH CMO TRUST, 24F-2NT, 1994-02-24

Next: VANGUARD INSTITUTIONAL INDEX FUND, 24F-2NT, 1994-02-24



SMITH BARNEY SHEARSON 
SHORT-TERM WORLD INCOME FUND 
(the "Fund")

SUPPLEMENT TO PROSPECTUS
DATED SEPTEMBER 1, 1993


	On February 1, 1994, the Fund's shareholders approved changes to the 
Fund's investment objective and policies. Under the changes the one-year 
weighted average maturity limitation on the Fund's portfolio has been 
eliminated and the maximum remaining maturity restriction as to any of the 
Fund's securities has been extended from three years to four years.  In 
addition, the Fund's investment policy has been amended which eliminates the 
requirement that the Fund invest at least 25% of its total assets in U.S. 
dollar-denominated securities.
___________________
Dated:  February 1, 1994

FD0501 B4

Shared /domestic/clients/shearson/funds/winc/sticker1.doc