<PAGE> PAGE 1
000 B000000 12/31/95
000 C000000 874835
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 SMITH BARNEY SERIES FUND
001 B000000 811-6310
001 C000000 2128166577
002 A000000 388 GREENWICH STREET
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10013
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 10
007 C010100 1
007 C020100 INTERMEDIATE HIGH GRADE
007 C030100 N
007 C010200 2
007 C020200 EQUITY INCOME
007 C030200 N
007 C010300 3
007 C020300 GROWTH & INCOME
007 C030300 N
007 C010400 4
007 C020400 APPRECIATION
007 C030400 N
007 C010500 5
007 C020500 TOTAL RETURN
007 C030500 N
007 C010600 6
007 C020600 EMERGING GROWTH
007 C030600 N
007 C010700 7
007 C020700 EQUITY INDEX
007 C030700 N
007 C010800 8
007 C020800 MONEY MARKET
007 C030800 N
007 C010900 9
007 C020900 INTERNATIONAL EQUITY
007 C030900 N
007 C011000 10
007 C021000 DIVERSIFIED STRATEGIC INVESTMENT
<PAGE> PAGE 2
007 C031000 N
008 A00AA01 SMITH BARNEY
008 B00AA01 A
008 C00AA01 801-14437
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10013
012 A00AA01 FIRST DATA CORP
012 B00AA01 84-9999
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02109
013 A00AA01 KPMG PEAT MARWICK
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10015
014 A00AA01 SMITH BARNEY
014 B00AA01 8-3387
015 A00AA01 PROVIDENT NATIONAL BANK
015 B00AA01 C
015 C01AA01 PHILADELPHIA
015 C02AA01 NY
015 C03AA01 19101
015 E01AA01 X
020 A000001 MORGAN STANLEY
020 B000001 13-2655998
020 C000001 30
020 A000002 SALOMON
020 B000002 13-3082694
020 C000002 30
020 A000003 SANFORD BERSTEIN
020 B000003 13-3046258
020 C000003 24
020 A000004 FIRST BOSTON
020 C000004 24
020 A000005 BEAR STEARNS
020 B000005 13-3299429
020 C000005 18
020 A000006 INSTINET
020 B000006 13-3443395
020 C000006 18
020 A000007 AUTRANET
020 B000007 13-3488904
020 C000007 15
020 A000008 MERRILL LYNCH
020 B000008 13-5674085
020 C000008 14
020 A000009 HG ASIA
020 C000009 13
020 A000010 PORTSMOUTH
020 B000010 94-2904473
<PAGE> PAGE 3
020 C000010 11
021 000000 194
022 A000001 CHEMICAL SECURITIES
022 B000001 13-5227302
022 C000001 1783541
022 D000001 1453
022 A000002 CITIBANK
022 B000002 13-5266470
022 C000002 922088
022 D000002 491935
022 A000003 CITICORP
022 B000003 13-2771536
022 C000003 861291
022 D000003 0
022 A000004 PRUDENTIAL BACHE
022 B000004 22-2347336
022 C000004 342140
022 D000004 184065
022 A000005 SALOMON BROTHERS
022 B000005 13-3082694
022 C000005 196223
022 D000005 4845
022 A000006 BARCLAYS
022 B000006 13-3551367
022 C000006 105632
022 D000006 0
022 A000007 BANKAMERICA
022 B000007 94-2622622
022 C000007 13597
022 D000007 10377
022 A000008 GOLDMAN SACHS
022 B000008 13-5108880
022 C000008 16040
022 D000008 5633
022 A000009 MORGAN STANLEY
022 B000009 13-2655998
022 C000009 17100
022 D000009 2524
022 A000010 DONALDSON LUFKIN JENRETTE
022 B000010 13-2741729
022 C000010 7784
022 D000010 6570
023 C000000 4265436
023 D000000 707402
027 000000 Y
077 A000000 N
080 A00AA00 FIDELITY BOND/ICI MUTUAL INSURANCE
080 C00AA00 78275
081 A00AA00 Y
081 B00AA00 114
082 A00AA00 N
<PAGE> PAGE 4
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
028 A010100 450
028 A020100 70
028 A030100 0
028 A040100 117
028 B010100 1007
028 B020100 75
028 B030100 0
028 B040100 131
028 C010100 165
028 C020100 75
028 C030100 0
028 C040100 215
028 D010100 100
028 D020100 250
028 D030100 0
028 D040100 104
028 E010100 76
028 E020100 76
028 E030100 0
028 E040100 162
028 F010100 24
028 F020100 0
028 F030100 0
028 F040100 242
028 G010100 1822
028 G020100 546
028 G030100 0
028 G040100 971
028 H000100 1397
029 000100 N
030 A000100 0
030 B000100 0.00
030 C000100 0.00
034 000100 N
035 000100 0
036 B000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 N
041 000100 N
062 A000100 Y
062 B000100 0.0
062 C000100 0.0
<PAGE> PAGE 5
062 D000100 0.2
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 26.8
062 N000100 6.9
062 O000100 0.0
062 P000100 66.1
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 11.0
066 A000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
071 A000100 19521
071 B000100 17639
071 C000100 14572
071 D000100 122
072 A000100 12
072 B000100 1143
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 61
072 G000100 31
072 H000100 0
072 I000100 6
072 J000100 5
072 K000100 0
072 L000100 0
072 M000100 2
072 N000100 1
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 0
072 S000100 18
072 T000100 0
072 U000100 6
072 V000100 14
072 W000100 1
072 X000100 145
072 Y000100 14
<PAGE> PAGE 6
072 Z000100 1012
072AA000100 138
072BB000100 0
072CC010100 1345
072CC020100 0
072DD010100 1081
072DD020100 0
072EE000100 0
073 A010100 0.7200
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 1
074 B000100 0
074 C000100 0
074 D000100 15848
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 348
074 K000100 0
074 L000100 0
074 M000100 3
074 N000100 16200
074 O000100 0
074 P000100 13
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 35
074 S000100 0
074 T000100 16152
074 U010100 1524
074 U020100 0
074 V010100 10.60
074 V020100 0.00
074 W000100 0.0000
074 X000100 0
074 Y000100 0
075 A000100 0
075 B000100 15261
076 000100 0.00
028 A010200 291
028 A020200 356
028 A030200 647
028 A040200 911
028 B010200 50
028 B020200 175
<PAGE> PAGE 7
028 B030200 225
028 B040200 905
028 C010200 163
028 C020200 0
028 C030200 163
028 C040200 887
028 D010200 60
028 D020200 343
028 D030200 403
028 D040200 735
028 E010200 127
028 E020200 170
028 E030200 297
028 E040200 644
028 F010200 184
028 F020200 169
028 F030200 353
028 F040200 436
028 G010200 875
028 G020200 1213
028 G030200 2088
028 G040200 4518
028 H000200 0
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
066 A000200 Y
066 F000200 Y
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
071 A000200 14868
071 B000200 20211
071 C000200 45579
071 D000200 32
<PAGE> PAGE 8
072 A000200 12
072 B000200 863
072 C000200 1989
072 D000200 0
072 E000200 0
072 F000200 217
072 G000200 95
072 H000200 0
072 I000200 24
072 J000200 18
072 K000200 0
072 L000200 0
072 M000200 8
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 35
072 S000200 0
072 T000200 0
072 U000200 6
072 V000200 0
072 W000200 58
072 X000200 461
072 Y000200 0
072 Z000200 2391
072AA000200 1363
072BB000200 1821
072CC010200 6772
072CC020200 0
072DD010200 2744
072DD020200 0
072EE000200 0
073 A010200 0.1364
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
074 B000200 3526
074 C000200 0
074 D000200 9655
074 E000200 0
074 F000200 39044
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 368
074 M000200 3
074 N000200 52596
<PAGE> PAGE 9
074 O000200 0
074 P000200 19
074 Q000200 0
074 R010200 133
074 R020200 0
074 R030200 0
074 R040200 0
074 S000200 0
074 T000200 52444
074 U010200 4247
074 U020200 0
074 V010200 12.35
074 V020200 0.00
074 W000200 0.0000
074 X000200 0
074 Y000200 0
075 A000200 0
075 B000200 48333
076 000200 0.00
028 A010300 156
028 A020300 156
028 A030300 0
028 A040300 236
028 B010300 171
028 B020300 0
028 B030300 0
028 B040300 202
028 C010300 254
028 C020300 0
028 C030300 0
028 C040300 344
028 D010300 111
028 D020300 155
028 D030300 0
028 D040300 468
028 E010300 197
028 E020300 0
028 E030300 0
028 E040300 144
028 F010300 184
028 F020300 153
028 F030300 0
028 F040300 533
028 G010300 1073
028 G020300 464
028 G030300 0
028 G040300 1927
028 H000300 0
062 A000300 N
062 B000300 0.0
062 C000300 0.0
<PAGE> PAGE 10
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
063 A000300 0
063 B000300 0.0
066 A000300 Y
066 E000300 Y
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
071 A000300 5287
071 B000300 6603
071 C000300 30723
071 D000300 17
072 A000300 12
072 B000300 256
072 C000300 740
072 D000300 0
072 E000300 0
072 F000300 146
072 G000300 65
072 H000300 0
072 I000300 10
072 J000300 12
072 K000300 0
072 L000300 0
072 M000300 6
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 35
072 S000300 0
072 T000300 0
072 U000300 6
072 V000300 14
072 W000300 22
072 X000300 316
<PAGE> PAGE 11
072 Y000300 0
072 Z000300 680
072AA000300 422
072BB000300 0
072CC010300 7922
072CC020300 0
072DD010300 702
072DD020300 0
072EE000300 0
073 A010300 0.2700
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 1
074 B000300 1165
074 C000300 0
074 D000300 2105
074 E000300 1079
074 F000300 30773
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 0
074 K000300 0
074 L000300 127
074 M000300 3
074 N000300 35253
074 O000300 9
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 86
074 S000300 0
074 T000300 35158
074 U010300 2561
074 U020300 0
074 V010300 13.73
074 V020300 0.00
074 W000300 0.0000
074 X000300 0
074 Y000300 0
075 A000300 0
075 B000300 32376
076 000300 0.00
028 A010400 246
028 A020400 0
028 A030400 0
028 A040400 782
028 B010400 291
<PAGE> PAGE 12
028 B020400 0
028 B030400 0
028 B040400 851
028 C010400 463
028 C020400 0
028 C030400 0
028 C040400 901
028 D010400 303
028 D020400 0
028 D030400 0
028 D040400 579
028 E010400 160
028 E020400 0
028 E030400 0
028 E040400 1522
028 F010400 317
028 F020400 0
028 F030400 0
028 F040400 968
028 G010400 1780
028 G020400 0
028 G030400 0
028 G040400 5603
028 H000400 0
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
066 A000400 Y
066 C000400 Y
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
071 A000400 34027
071 B000400 40485
071 C000400 79411
<PAGE> PAGE 13
071 D000400 43
072 A000400 12
072 B000400 521
072 C000400 1794
072 D000400 0
072 E000400 0
072 F000400 488
072 G000400 178
072 H000400 0
072 I000400 10
072 J000400 24
072 K000400 0
072 L000400 14
072 M000400 14
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 35
072 S000400 0
072 T000400 0
072 U000400 7
072 V000400 0
072 W000400 87
072 X000400 857
072 Y000400 0
072 Z000400 1458
072AA000400 6749
072BB000400 0
072CC010400 14002
072CC020400 0
072DD010400 1411
072DD020400 0
072EE000400 1393
073 A010400 0.2100
073 A020400 0.0000
073 B000400 0.2100
073 C000400 0.0000
074 A000400 1
074 B000400 8530
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 86168
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 3
074 M000400 127
<PAGE> PAGE 14
074 N000400 94829
074 O000400 0
074 P000400 135
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 202
074 S000400 0
074 T000400 94492
074 U010400 6568
074 U020400 0
074 V010400 14.39
074 V020400 0.00
074 W000400 0.0000
074 X000400 0
074 Y000400 0
075 A000400 0
075 B000400 88275
076 000400 0.00
028 A010500 4352
028 A020500 217
028 A030500 0
028 A040500 121
028 B010500 5714
028 B020500 126
028 B030500 0
028 B040500 69
028 C010500 4448
028 C020500 144
028 C030500 0
028 C040500 307
028 D010500 6534
028 D020500 144
028 D030500 0
028 D040500 75
028 E010500 6488
028 E020500 166
028 E030500 0
028 E040500 769
028 F010500 6289
028 F020500 182
028 F030500 0
028 F040500 642
028 G010500 33825
028 G020500 979
028 G030500 0
028 G040500 1983
028 H000500 0
062 A000500 N
062 B000500 0.0
<PAGE> PAGE 15
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
066 A000500 Y
066 G000500 Y
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
071 A000500 55455
071 B000500 27530
071 C000500 34002
071 D000500 81
072 A000500 12
072 B000500 668
072 C000500 1490
072 D000500 0
072 E000500 0
072 F000500 247
072 G000500 90
072 H000500 0
072 I000500 6
072 J000500 13
072 K000500 0
072 L000500 0
072 M000500 12
072 N000500 17
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 0
072 S000500 35
072 T000500 0
072 U000500 3
072 V000500 14
072 W000500 12
072 X000500 449
072 Y000500 0
<PAGE> PAGE 16
072 Z000500 1709
072AA000500 2235
072BB000500 0
072CC010500 4218
072CC020500 0
072DD010500 1507
072DD020500 0
072EE000500 687
073 A010500 0.4100
073 A020500 0.0000
073 B000500 0.2400
073 C000500 0.0000
074 A000500 1
074 B000500 26274
074 C000500 0
074 D000500 0
074 E000500 4884
074 F000500 47228
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 0
074 K000500 216
074 L000500 219
074 M000500 10
074 N000500 78832
074 O000500 670
074 P000500 9
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 110
074 S000500 0
074 T000500 78043
074 U010500 6123
074 U020500 0
074 V010500 12.75
074 V020500 0.00
074 W000500 0.0000
074 X000500 0
074 Y000500 0
075 A000500 0
075 B000500 44941
076 000500 0.00
028 A010600 93
028 A020600 0
028 A030600 0
028 A040600 34
028 B010600 157
028 B020600 0
<PAGE> PAGE 17
028 B030600 0
028 B040600 50
028 C010600 601
028 C020600 0
028 C030600 0
028 C040600 144
028 D010600 218
028 D020600 0
028 D030600 0
028 D040600 154
028 E010600 237
028 E020600 0
028 E030600 0
028 E040600 305
028 F010600 291
028 F020600 0
028 F030600 0
028 F040600 195
028 G010600 1597
028 G020600 0
028 G030600 0
028 G040600 882
028 H000600 0
062 A000600 N
062 B000600 0.0
062 C000600 0.0
062 D000600 0.0
062 E000600 0.0
062 F000600 0.0
062 G000600 0.0
062 H000600 0.0
062 I000600 0.0
062 J000600 0.0
062 K000600 0.0
062 L000600 0.0
062 M000600 0.0
062 N000600 0.0
062 O000600 0.0
062 P000600 0.0
062 Q000600 0.0
062 R000600 0.0
066 A000600 Y
066 D000600 Y
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
071 A000600 17405
071 B000600 16160
071 C000600 13404
071 D000600 121
<PAGE> PAGE 18
072 A000600 12
072 B000600 60
072 C000600 78
072 D000600 0
072 E000600 0
072 F000600 108
072 G000600 29
072 H000600 0
072 I000600 6
072 J000600 19
072 K000600 0
072 L000600 14
072 M000600 3
072 N000600 0
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 0
072 S000600 18
072 T000600 0
072 U000600 3
072 V000600 0
072 W000600 0
072 X000600 200
072 Y000600 27
072 Z000600 -35
072AA000600 2740
072BB000600 894
072CC010600 4015
072CC020600 0
072DD010600 0
072DD020600 0
072EE000600 0
073 A010600 0.0000
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 9
074 B000600 0
074 C000600 859
074 D000600 0
074 E000600 0
074 F000600 16925
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 37
074 K000600 0
074 L000600 11
074 M000600 9
074 N000600 17850
<PAGE> PAGE 19
074 O000600 336
074 P000600 0
074 Q000600 0
074 R010600 51
074 R020600 0
074 R030600 0
074 R040600 0
074 S000600 0
074 T000600 17463
074 U010600 1269
074 U020600 0
074 V010600 13.76
074 V020600 0.00
074 W000600 0.0000
074 X000600 0
074 Y000600 0
075 A000600 0
075 B000600 14405
076 000600 0.00
028 A010700 412
028 A020700 0
028 A030700 0
028 A040700 207
028 B010700 312
028 B020700 0
028 B030700 0
028 B040700 57
028 C010700 392
028 C020700 0
028 C030700 0
028 C040700 40
028 D010700 168
028 D020700 0
028 D030700 0
028 D040700 67
028 E010700 168
028 E020700 0
028 E030700 0
028 E040700 284
028 F010700 406
028 F020700 0
028 F030700 0
028 F040700 82
028 G010700 1858
028 G020700 0
028 G030700 0
028 G040700 737
028 H000700 0
062 A000700 N
062 B000700 0.0
062 C000700 0.0
<PAGE> PAGE 20
062 D000700 0.0
062 E000700 0.0
062 F000700 0.0
062 G000700 0.0
062 H000700 0.0
062 I000700 0.0
062 J000700 0.0
062 K000700 0.0
062 L000700 0.0
062 M000700 0.0
062 N000700 0.0
062 O000700 0.0
062 P000700 0.0
062 Q000700 0.0
062 R000700 0.0
066 A000700 Y
066 C000700 Y
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
071 A000700 2624
071 B000700 524
071 C000700 11387
071 D000700 5
072 A000700 12
072 B000700 70
072 C000700 287
072 D000700 0
072 E000700 0
072 F000700 50
072 G000700 25
072 H000700 0
072 I000700 6
072 J000700 24
072 K000700 0
072 L000700 0
072 M000700 2
072 N000700 0
072 O000700 0
072 P000700 0
072 Q000700 0
072 R000700 0
072 S000700 18
072 T000700 0
072 U000700 6
072 V000700 14
072 W000700 2
072 X000700 147
072 Y000700 21
072 Z000700 231
<PAGE> PAGE 21
072AA000700 432
072BB000700 0
072CC010700 3094
072CC020700 0
072DD010700 201
072DD020700 0
072EE000700 13
073 A010700 0.2500
073 A020700 0.0000
073 B000700 0.2400
073 C000700 0.0000
074 A000700 1
074 B000700 1237
074 C000700 0
074 D000700 0
074 E000700 0
074 F000700 14230
074 G000700 0
074 H000700 0
074 I000700 0
074 J000700 4
074 K000700 6
074 L000700 31
074 M000700 4
074 N000700 15513
074 O000700 225
074 P000700 0
074 Q000700 0
074 R010700 0
074 R020700 0
074 R030700 0
074 R040700 58
074 S000700 0
074 T000700 15230
074 U010700 978
074 U020700 0
074 V010700 15.58
074 V020700 0.00
074 W000700 0.0000
074 X000700 0
074 Y000700 0
075 A000700 0
075 B000700 12552
076 000700 0.00
028 A010800 496
028 A020800 31
028 A030800 0
028 A040800 177
028 B010800 130
028 B020800 24
028 B030800 0
<PAGE> PAGE 22
028 B040800 769
028 C010800 194
028 C020800 22
028 C030800 0
028 C040800 146
028 D010800 585
028 D020800 27
028 D030800 0
028 D040800 609
028 E010800 959
028 E020800 21
028 E030800 0
028 E040800 186
028 F010800 344
028 F020800 24
028 F030800 0
028 F040800 1244
028 G010800 2708
028 G020800 149
028 G030800 0
028 G040800 3131
028 H000800 0
045 000800 Y
046 000800 N
047 000800 Y
048 000800 0.500
048 A010800 0
048 A020800 0.000
048 B010800 0
048 B020800 0.000
048 C010800 0
048 C020800 0.000
048 D010800 0
048 D020800 0.000
048 E010800 0
048 E020800 0.000
048 F010800 0
048 F020800 0.000
048 G010800 0
048 G020800 0.000
048 H010800 0
048 H020800 0.000
048 I010800 0
048 I020800 0.000
048 J010800 0
048 J020800 0.000
048 K010800 0
048 K020800 0.000
049 000800 N
050 000800 N
051 000800 N
<PAGE> PAGE 23
052 000800 N
053 A000800 N
062 A000800 Y
062 B000800 0.0
062 C000800 5.2
062 D000800 3.6
062 E000800 0.0
062 F000800 0.0
062 G000800 0.0
062 H000800 0.0
062 I000800 91.2
062 J000800 0.0
062 K000800 0.0
062 L000800 0.0
062 M000800 0.0
062 N000800 0.0
062 O000800 0.0
062 P000800 0.0
062 Q000800 0.0
062 R000800 0.0
063 A000800 35
063 B000800 0.0
066 A000800 N
067 000800 N
068 A000800 N
068 B000800 N
069 000800 N
070 A010800 Y
070 A020800 Y
070 B010800 N
070 B020800 N
070 C010800 N
070 C020800 N
070 D010800 N
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 N
070 F020800 N
070 G010800 N
070 G020800 N
070 H010800 N
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 N
070 J020800 N
070 K010800 N
070 K020800 N
070 L010800 N
070 L020800 N
<PAGE> PAGE 24
070 M010800 N
070 M020800 N
070 N010800 N
070 N020800 N
070 O010800 N
070 O020800 N
070 P010800 N
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800 0
071 B000800 0
071 C000800 0
071 D000800 0
072 A000800 12
072 B000800 365
072 C000800 0
072 D000800 0
072 E000800 0
072 F000800 18
072 G000800 12
072 H000800 0
072 I000800 8
072 J000800 5
072 K000800 0
072 L000800 0
072 M000800 2
072 N000800 0
072 O000800 0
072 P000800 0
072 Q000800 0
072 R000800 11
072 S000800 4
072 T000800 0
072 U000800 0
072 V000800 8
072 W000800 6
072 X000800 74
072 Y000800 28
072 Z000800 319
072AA000800 0
072BB000800 0
072CC010800 0
072CC020800 0
072DD010800 319
072DD020800 0
072EE000800 0
073 A010800 0.0520
073 A020800 0.0000
<PAGE> PAGE 25
073 B000800 0.0000
073 C000800 0.0000
074 A000800 1
074 B000800 204
074 C000800 5470
074 D000800 0
074 E000800 0
074 F000800 0
074 G000800 0
074 H000800 0
074 I000800 0
074 J000800 0
074 K000800 0
074 L000800 0
074 M000800 27
074 N000800 5702
074 O000800 0
074 P000800 0
074 Q000800 0
074 R010800 0
074 R020800 0
074 R030800 0
074 R040800 49
074 S000800 0
074 T000800 5653
074 U010800 5653
074 U020800 0
074 V010800 1.00
074 V020800 0.00
074 W000800 0.9999
074 X000800 0
074 Y000800 0
075 A000800 6145
075 B000800 0
076 000800 0.00
028 A010900 252
028 A020900 0
028 A030900 0
028 A040900 114
028 B010900 319
028 B020900 0
028 B030900 0
028 B040900 274
028 C010900 263
028 C020900 0
028 C030900 0
028 C040900 384
028 D010900 159
028 D020900 0
028 D030900 0
028 D040900 416
<PAGE> PAGE 26
028 E010900 84
028 E020900 0
028 E030900 0
028 E040900 730
028 F010900 265
028 F020900 0
028 F030900 0
028 F040900 468
028 G010900 1342
028 G020900 0
028 G030900 0
028 G040900 2386
028 H000900 0
045 000900 Y
046 000900 N
047 000900 Y
048 000900 0.850
048 A010900 0
048 A020900 0.000
048 B010900 0
048 B020900 0.000
048 C010900 0
048 C020900 0.000
048 D010900 0
048 D020900 0.000
048 E010900 0
048 E020900 0.000
048 F010900 0
048 F020900 0.000
048 G010900 0
048 G020900 0.000
048 H010900 0
048 H020900 0.000
048 I010900 0
048 I020900 0.000
048 J010900 0
048 J020900 0.000
048 K010900 0
048 K020900 0.000
062 A000900 N
062 B000900 0.0
062 C000900 0.0
062 D000900 0.0
062 E000900 0.0
062 F000900 0.0
062 G000900 0.0
062 H000900 0.0
062 I000900 0.0
062 J000900 0.0
062 K000900 0.0
062 L000900 0.0
<PAGE> PAGE 27
062 M000900 0.0
062 N000900 0.0
062 O000900 0.0
062 P000900 0.0
062 Q000900 0.0
062 R000900 0.0
066 A000900 Y
066 E000900 Y
067 000900 N
068 A000900 N
068 B000900 N
069 000900 N
071 A000900 9572
071 B000900 11701
071 C000900 27961
071 D000900 34
072 A000900 12
072 B000900 17
072 C000900 437
072 D000900 0
072 E000900 0
072 F000900 236
072 G000900 55
072 H000900 0
072 I000900 27
072 J000900 29
072 K000900 0
072 L000900 0
072 M000900 7
072 N000900 8
072 O000900 0
072 P000900 0
072 Q000900 0
072 R000900 16
072 S000900 0
072 T000900 0
072 U000900 3
072 V000900 0
072 W000900 11
072 X000900 392
072 Y000900 0
072 Z000900 62
072AA000900 0
072BB000900 2168
072CC010900 4470
072CC020900 0
072DD010900 111
072DD020900 0
072EE000900 0
073 A010900 0.0400
073 A020900 0.0000
<PAGE> PAGE 28
073 B000900 0.0000
073 C000900 0.0000
074 A000900 803
074 B000900 0
074 C000900 0
074 D000900 0
074 E000900 0
074 F000900 28181
074 G000900 0
074 H000900 0
074 I000900 0
074 J000900 60
074 K000900 0
074 L000900 53
074 M000900 0
074 N000900 29097
074 O000900 6
074 P000900 25
074 Q000900 0
074 R010900 0
074 R020900 0
074 R030900 0
074 R040900 87
074 S000900 0
074 T000900 28979
074 U010900 2905
074 U020900 0
074 V010900 9.98
074 V020900 0.00
074 W000900 0.0000
074 X000900 0
074 Y000900 0
075 A000900 0
075 B000900 28549
076 000900 0.00
028 A011000 172
028 A021000 605
028 A031000 0
028 A041000 803
028 B011000 202
028 B021000 302
028 B031000 0
028 B041000 417
028 C011000 113
028 C021000 0
028 C031000 0
028 C041000 444
028 D011000 109
028 D021000 604
028 D031000 0
028 D041000 548
<PAGE> PAGE 29
028 E011000 123
028 E021000 302
028 E031000 0
028 E041000 526
028 F011000 265
028 F021000 301
028 F031000 0
028 F041000 578
028 G011000 984
028 G021000 2114
028 G031000 0
028 G041000 3316
028 H001000 0
045 001000 Y
046 001000 N
047 001000 Y
048 001000 0.450
048 A011000 0
048 A021000 0.000
048 B011000 0
048 B021000 0.000
048 C011000 0
048 C021000 0.000
048 D011000 0
048 D021000 0.000
048 E011000 0
048 E021000 0.000
048 F011000 0
048 F021000 0.000
048 G011000 0
048 G021000 0.000
048 H011000 0
048 H021000 0.000
048 I011000 0
048 I021000 0.000
048 J011000 0
048 J021000 0.000
048 K011000 0
048 K021000 0.000
062 A001000 Y
062 B001000 0.0
062 C001000 0.0
062 D001000 0.0
062 E001000 0.0
062 F001000 0.0
062 G001000 0.0
062 H001000 0.0
062 I001000 0.0
062 J001000 0.0
062 K001000 0.0
062 L001000 0.0
<PAGE> PAGE 30
062 M001000 3.3
062 N001000 24.2
062 O001000 0.0
062 P001000 41.6
062 Q001000 27.4
062 R001000 2.7
063 A001000 0
063 B001000 11.6
066 A001000 N
067 001000 N
068 A001000 N
068 B001000 N
069 001000 N
071 A001000 30450
071 B001000 24517
071 C001000 53475
071 D001000 46
072 A001000 12
072 B001000 4992
072 C001000 105
072 D001000 0
072 E001000 0
072 F001000 253
072 G001000 112
072 H001000 0
072 I001000 43
072 J001000 67
072 K001000 0
072 L001000 0
072 M001000 7
072 N001000 5
072 O001000 0
072 P001000 0
072 Q001000 0
072 R001000 16
072 S001000 0
072 T001000 0
072 U001000 6
072 V001000 0
072 W001000 8
072 X001000 517
072 Y001000 0
072 Z001000 4580
072AA001000 0
072BB001000 863
072CC011000 4819
072CC021000 0
072DD011000 3628
072DD021000 0
072EE001000 0
073 A011000 0.6100
<PAGE> PAGE 31
073 A021000 0.0000
073 B001000 0.0000
073 C001000 0.0000
074 A001000 277
074 B001000 0
074 C001000 0
074 D001000 57221
074 E001000 1577
074 F001000 0
074 G001000 0
074 H001000 0
074 I001000 0
074 J001000 302
074 K001000 0
074 L001000 1337
074 M001000 0
074 N001000 60714
074 O001000 0
074 P001000 32
074 Q001000 0
074 R011000 0
074 R021000 0
074 R031000 0
074 R041000 1366
074 S001000 0
074 T001000 59316
074 U011000 5927
074 U021000 0
074 V011000 10.01
074 V021000 0.00
074 W001000 0.0000
074 X001000 0
074 Y001000 0
075 A001000 0
075 B001000 57143
076 001000 0.00
SIGNATURE THOMAS M. REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000874835
[NAME] SMITH BARNEY SERIES FUND
[SERIES]
[NUMBER] 1
[NAME] INTERMEDIATE HIGH GRADE PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] DEC-31-1995
[INVESTMENTS-AT-COST] 15,211,475
[INVESTMENTS-AT-VALUE] 15,848,404
[RECEIVABLES] 347,932
[ASSETS-OTHER] 2,890
[OTHER-ITEMS-ASSETS] 662
[TOTAL-ASSETS] 16,199,888
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 47,467
[TOTAL-LIABILITIES] 47,467
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 15,695,912
[SHARES-COMMON-STOCK] 1,524
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 1,012,045
[OVERDISTRIBUTION-NII] 68,862
[ACCUMULATED-NET-GAINS] 1,483,408
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 1,345,438
[NET-ASSETS] 16,152,421
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 1,142,554
[OTHER-INCOME] 0
[EXPENSES-NET] 117,382
[NET-INVESTMENT-INCOME] 1,012,045
[REALIZED-GAINS-CURRENT] 137,970
[APPREC-INCREASE-CURRENT] 1,345,438
[NET-CHANGE-FROM-OPS] 2,495,453
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 1,080,907
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 2,606,497
[NUMBER-OF-SHARES-REDEEMED] 2,229,692
[SHARES-REINVESTED] 1,080,907
[NET-CHANGE-IN-ASSETS] 2,796,308
[ACCUMULATED-NII-PRIOR] 809,619
[ACCUMULATED-GAINS-PRIOR] (425,594)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 0
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 144,870
[AVERAGE-NET-ASSETS] 15,260,771
[PER-SHARE-NAV-BEGIN] 9.66
[PER-SHARE-NII] 0.66
[PER-SHARE-GAIN-APPREC] 1.00
[PER-SHARE-DIVIDEND] 0.72
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.60
[EXPENSE-RATIO] 0.85
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000874835
[NAME] SMITH BARNEY SERIES FUND
[SERIES]
[NUMBER] 2
[NAME] EQUITY INCOME PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] DEC-31-1995
[INVESTMENTS-AT-COST] 45,452,561
[INVESTMENTS-AT-VALUE] 52,224,818
[RECEIVABLES] 368,603
[ASSETS-OTHER] 3,108
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 52,596,529
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 152,261
[TOTAL-LIABILITIES] 152,261
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 47,480,817
[SHARES-COMMON-STOCK] 4,247
[SHARES-COMMON-PRIOR] 4,502
[ACCUMULATED-NII-CURRENT] 274,291
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (2,087,344)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 6,772,257
[NET-ASSETS] 52,444,268
[DIVIDEND-INCOME] 1,989,298
[INTEREST-INCOME] 862,643
[OTHER-INCOME] 0
[EXPENSES-NET] 460,659
[NET-INVESTMENT-INCOME] 2,391,282
[REALIZED-GAINS-CURRENT] (457,862)
[APPREC-INCREASE-CURRENT] 11,689,689
[NET-CHANGE-FROM-OPS] 13,623,109
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 2,744,365
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,968,215
[NUMBER-OF-SHARES-REDEEMED] 7,564,452
[SHARES-REINVESTED] 2,744,365
[NET-CHANGE-IN-ASSETS] 8,026,872
[ACCUMULATED-NII-PRIOR] 627,374
[ACCUMULATED-GAINS-PRIOR] (1,629,482)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 0
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 0
[AVERAGE-NET-ASSETS] 48,333,133
[PER-SHARE-NAV-BEGIN] 9.87
[PER-SHARE-NII] 0.54
[PER-SHARE-GAIN-APPREC] 2.56
[PER-SHARE-DIVIDEND] 0.62
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.35
[EXPENSE-RATIO] 0.95
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000874835
[NAME] SMITH BARNEY SERIES FUND
[SERIES]
[NUMBER] 3
[NAME] GROWTH AND INCOME PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] DEC-31-1995
[INVESTMENTS-AT-COST] 27,200,462
[INVESTMENTS-AT-VALUE] 35,122,542
[RECEIVABLES] 126,775
[ASSETS-OTHER] 3,745
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 35,253,062
[PAYABLE-FOR-SECURITIES] 8,594
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 86,282
[TOTAL-LIABILITIES] 94,876
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 27,182,235
[SHARES-COMMON-STOCK] 2,560
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 52,721
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (1,565)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 7,922,235
[NET-ASSETS] 35,158,186
[DIVIDEND-INCOME] 739,759
[INTEREST-INCOME] 256,091
[OTHER-INCOME] 0
[EXPENSES-NET] 316,183
[NET-INVESTMENT-INCOME] 679,667
[REALIZED-GAINS-CURRENT] 421,958
[APPREC-INCREASE-CURRENT] 7,510,283
[NET-CHANGE-FROM-OPS] 8,611,908
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 701,745
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,543,081
[NUMBER-OF-SHARES-REDEEMED] 4,621,473
[SHARES-REINVESTED] 701,745
[NET-CHANGE-IN-ASSETS] 5,533,516
[ACCUMULATED-NII-PRIOR] 74,799
[ACCUMULATED-GAINS-PRIOR] (423,523)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 146,172
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 316,183
[AVERAGE-NET-ASSETS] 32,376,443
[PER-SHARE-NAV-BEGIN] 10.75
[PER-SHARE-NII] 0.26
[PER-SHARE-GAIN-APPREC] 2.99
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] (0.27)
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.73
[EXPENSE-RATIO] 0.98
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000874835
[NAME] SMITH BARNEY SERIES FUND
[SERIES]
[NUMBER] 4
[NAME] APPRECIATION PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] DEC-31-1995
[INVESTMENTS-AT-COST] 77,665,095
[INVESTMENTS-AT-VALUE] 94,697,581
[RECEIVABLES] 127,659
[ASSETS-OTHER] 3,533
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 94,828,773
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 336,945
[TOTAL-LIABILITIES] 336,945
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 69,247,035
[SHARES-COMMON-STOCK] 1,679,000
[SHARES-COMMON-PRIOR] 2,114,957
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 6,748,581
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 17,032,486
[NET-ASSETS] 94,491,828
[DIVIDEND-INCOME] 1,793,770
[INTEREST-INCOME] 521,326
[OTHER-INCOME] 0
[EXPENSES-NET] 857,318
[NET-INVESTMENT-INCOME] 1,457,778
[REALIZED-GAINS-CURRENT] 6,749,135
[APPREC-INCREASE-CURRENT] 14,002,209
[NET-CHANGE-FROM-OPS] 22,209,122
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 1,410,859
[DISTRIBUTIONS-OF-GAINS] 1,392,571
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 211,123
[NUMBER-OF-SHARES-REDEEMED] 872,074
[SHARES-REINVESTED] 224,994
[NET-CHANGE-IN-ASSETS] 13,669,212
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 488,187
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 857,318
[AVERAGE-NET-ASSETS] 88,275,400
[PER-SHARE-NAV-BEGIN] 11.54
[PER-SHARE-NII] 0.23
[PER-SHARE-GAIN-APPREC] 3.04
[PER-SHARE-DIVIDEND] 0.21
[PER-SHARE-DISTRIBUTIONS] 0.42
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 14.39
[EXPENSE-RATIO] 0.97
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000874835
[NAME] SMITH BARNEY SERIES FUND
[SERIES]
[NUMBER] 5
[NAME] TOTAL RETURN PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] DEC-31-1995
[INVESTMENTS-AT-COST] 74,167,885
[INVESTMENTS-AT-VALUE] 78,385,709
[RECEIVABLES] 435,172
[ASSETS-OTHER] 1,376
[OTHER-ITEMS-ASSETS] 9,379
[TOTAL-ASSETS] 78,831,636
[PAYABLE-FOR-SECURITIES] 669,797
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 118,867
[TOTAL-LIABILITIES] 788,664
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 71,248,020
[SHARES-COMMON-STOCK] 6,123
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 335,812
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 2,235,356
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 4,217,824
[NET-ASSETS] 78,042,972
[DIVIDEND-INCOME] 1,489,735
[INTEREST-INCOME] 668,585
[OTHER-INCOME] 0
[EXPENSES-NET] 449,475
[NET-INVESTMENT-INCOME] 1,708,845
[REALIZED-GAINS-CURRENT] 2,235,356
[APPREC-INCREASE-CURRENT] 4,978,702
[NET-CHANGE-FROM-OPS] 8,922,903
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (1,506,614)
[DISTRIBUTIONS-OF-GAINS] (686,521)
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 48,877,204
[NUMBER-OF-SHARES-REDEEMED] (2,953,026)
[SHARES-REINVESTED] 2,193,135
[NET-CHANGE-IN-ASSETS] 54,847,081
[ACCUMULATED-NII-PRIOR] 133,581
[ACCUMULATED-GAINS-PRIOR] 686,358
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 0
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 0
[AVERAGE-NET-ASSETS] 44,940,506
[PER-SHARE-NAV-BEGIN] 10.78
[PER-SHARE-NII] 0.43
[PER-SHARE-GAIN-APPREC] 2.19
[PER-SHARE-DIVIDEND] (0.41)
[PER-SHARE-DISTRIBUTIONS] (0.24)
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.75
[EXPENSE-RATIO] 0
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000874835
[NAME] SMITH BARNEY SERIES FUND
[SERIES]
[NUMBER] 6
[NAME] EMERGING GROWTH PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] DEC-31-1995
[INVESTMENTS-AT-COST] 13,767,923
[INVESTMENTS-AT-VALUE] 17,783,227
[RECEIVABLES] 55,466
[ASSETS-OTHER] 18,578
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 17,857,271
[PAYABLE-FOR-SECURITIES] 335,538
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 58,798
[TOTAL-LIABILITIES] 394,336
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 13,001,818
[SHARES-COMMON-STOCK] 1,269,217
[SHARES-COMMON-PRIOR] 1,198,109
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 445,813
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 4,015,304
[NET-ASSETS] 17,462,935
[DIVIDEND-INCOME] 78,022
[INTEREST-INCOME] 60,166
[OTHER-INCOME] 0
[EXPENSES-NET] 173,058
[NET-INVESTMENT-INCOME] (34,870)
[REALIZED-GAINS-CURRENT] 1,846,715
[APPREC-INCREASE-CURRENT] 3,232,511
[NET-CHANGE-FROM-OPS] 5,044,356
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 210,992
[NUMBER-OF-SHARES-REDEEMED] 139,884
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 5,923,877
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 1,400,901
[GROSS-ADVISORY-FEES] 108,035
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 200,360
[AVERAGE-NET-ASSETS] 14,405,170
[PER-SHARE-NAV-BEGIN] 9.63
[PER-SHARE-NII] (0.03)
[PER-SHARE-GAIN-APPREC] 4.16
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.76
[EXPENSE-RATIO] 1.20
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000874835
[NAME] SMITH BARNEY SERIES FUND
[SERIES]
[NUMBER] 7
[NAME] EQUITY INDEX PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] DEC-31-1995
[INVESTMENTS-AT-COST] 11,942,487
[INVESTMENTS-AT-VALUE] 15,466,758
[RECEIVABLES] 41,637
[ASSETS-OTHER] 4,796
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 15,513,191
[PAYABLE-FOR-SECURITIES] 225,102
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 57,870
[TOTAL-LIABILITIES] 282,972
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 978
[SHARES-COMMON-STOCK] 294,193
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 376,704
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 3,530,713
[NET-ASSETS] 15,230,219
[DIVIDEND-INCOME] 289,051
[INTEREST-INCOME] 69,518
[OTHER-INCOME] (1,930)
[EXPENSES-NET] 125,382
[NET-INVESTMENT-INCOME] 231,257
[REALIZED-GAINS-CURRENT] 432,091
[APPREC-INCREASE-CURRENT] 3,093,598
[NET-CHANGE-FROM-OPS] 3,756,946
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (200,191)
[DISTRIBUTIONS-OF-GAINS] (12,638)
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 221,160
[NUMBER-OF-SHARES-REDEEMED] (135,102)
[SHARES-REINVESTED] 16,599
[NET-CHANGE-IN-ASSETS] 102,657
[ACCUMULATED-NII-PRIOR] 200,991
[ACCUMULATED-GAINS-PRIOR] 12,638
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 56,171
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 147,039
[AVERAGE-NET-ASSETS] 12,552,000
[PER-SHARE-NAV-BEGIN] 11.69
[PER-SHARE-NII] 0.25
[PER-SHARE-GAIN-APPREC] 3.86
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0.24
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 15.58
[EXPENSE-RATIO] 1.05
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000874835
[NAME] SMITH BARNEY SERIES FUND
[SERIES]
[NUMBER] 8
[NAME] MONEY MARKET PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] DEC-31-1995
[INVESTMENTS-AT-COST] 5,674,068
[INVESTMENTS-AT-VALUE] 5,674,068
[RECEIVABLES] 23,845
[ASSETS-OTHER] 993
[OTHER-ITEMS-ASSETS] 2,937
[TOTAL-ASSETS] 5,701,843
[PAYABLE-FOR-SECURITIES] 16,480
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 32,093
[TOTAL-LIABILITIES] 48,573
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 5,653,270
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 0
[NET-ASSETS] 5,653,270
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 365,063
[OTHER-INCOME] 0
[EXPENSES-NET] 46,085
[NET-INVESTMENT-INCOME] 318,978
[REALIZED-GAINS-CURRENT] 0
[APPREC-INCREASE-CURRENT] 0
[NET-CHANGE-FROM-OPS] 0
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 318,978
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 4,160,876
[NUMBER-OF-SHARES-REDEEMED] 5,951,049
[SHARES-REINVESTED] 302,497
[NET-CHANGE-IN-ASSETS] (1,487,676)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 30,723
[INTEREST-EXPENSE] 74,280
[GROSS-EXPENSE] 74,280
[AVERAGE-NET-ASSETS] 6,140,655
[PER-SHARE-NAV-BEGIN] 1.00
[PER-SHARE-NII] 0.052
[PER-SHARE-GAIN-APPREC] 0.052
[PER-SHARE-DIVIDEND] 0.052
[PER-SHARE-DISTRIBUTIONS] (0.052)
[RETURNS-OF-CAPITAL] 5.31
[PER-SHARE-NAV-END] 1.00
[EXPENSE-RATIO] 0.75
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000874835
[NAME] SMITH BARNEY SERIES FUND
[SERIES]
[NUMBER] 9
[NAME] INTERNATIONAL EQUITY PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] DEC-31-1995
[INVESTMENTS-AT-COST] 25,118,895
[INVESTMENTS-AT-VALUE] 28,181,006
[RECEIVABLES] 103,009
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 812,846
[TOTAL-ASSETS] 29,096,761
[PAYABLE-FOR-SECURITIES] 6,105
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 112,069
[TOTAL-LIABILITIES] 118,174
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 28,442,350
[SHARES-COMMON-STOCK] 2,905
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] (11,017)
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (2,515,619)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 3,059,968
[NET-ASSETS] 28,978,587
[DIVIDEND-INCOME] 436,627
[INTEREST-INCOME] 17,428
[OTHER-INCOME] 0
[EXPENSES-NET] 391,768
[NET-INVESTMENT-INCOME] 62,287
[REALIZED-GAINS-CURRENT] (2,167,638)
[APPREC-INCREASE-CURRENT] 4,469,756
[NET-CHANGE-FROM-OPS] 2,364,405
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 110,647
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 2,702,681
[NUMBER-OF-SHARES-REDEEMED] 4,501,305
[SHARES-REINVESTED] 110,647
[NET-CHANGE-IN-ASSETS] 565,781
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] (310,638)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 235,739
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 407,416
[AVERAGE-NET-ASSETS] 28,548,755
[PER-SHARE-NAV-BEGIN] 9.21
[PER-SHARE-NII] 0.03
[PER-SHARE-GAIN-APPREC] 0.78
[PER-SHARE-DIVIDEND] 0.04
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 9.98
[EXPENSE-RATIO] 1.43
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000874835
[NAME] SMITH BARNEY SERIES FUND
[SERIES]
[NUMBER] 10
[NAME] DIVERSIFIED STRATEGIC INCOME PORTFOLIO
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1995
[PERIOD-END] DEC-31-1995
[INVESTMENTS-AT-COST] 57,032,317
[INVESTMENTS-AT-VALUE] 58,797,517
[RECEIVABLES] 1,635,768
[ASSETS-OTHER] 3,090
[OTHER-ITEMS-ASSETS] 277,358
[TOTAL-ASSETS] 60,713,733
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1,398,196
[TOTAL-LIABILITIES] 1,398,196
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 58,362,809
[SHARES-COMMON-STOCK] 5,927
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 791,941
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (1,608,501)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 1,763,361
[NET-ASSETS] 59,315,537
[DIVIDEND-INCOME] 86,025
[INTEREST-INCOME] 5,010,761
[OTHER-INCOME] 0
[EXPENSES-NET] 516,753
[NET-INVESTMENT-INCOME] 4,580,033
[REALIZED-GAINS-CURRENT] (863,120)
[APPREC-INCREASE-CURRENT] 4,818,775
[NET-CHANGE-FROM-OPS] 8,535,688
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 3,628,366
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 2,483,761
[NUMBER-OF-SHARES-REDEEMED] 6,963,752
[SHARES-REINVESTED] 3,627,951
[NET-CHANGE-IN-ASSETS] 4,055,282
[ACCUMULATED-NII-PRIOR] 662
[ACCUMULATED-GAINS-PRIOR] (905,769)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 252,838
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 516,753
[AVERAGE-NET-ASSETS] 57,143,243
[PER-SHARE-NAV-BEGIN] 9.18
[PER-SHARE-NII] 0.74
[PER-SHARE-GAIN-APPREC] 0.70
[PER-SHARE-DIVIDEND] 0.61
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.01
[EXPENSE-RATIO] 0.90
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>