SMITH BARNEY MID CAP BLEND FUND
Supplement dated July 20, 1998
to the Prospectus dated June 30, 1998
The following information supplements, and to the extent inconsistent
therewith, supercedes the information contained in the Prospectus under
Prospectus Summary.
EXAMPLE
The following example is intended to assist an investor in understanding the
various costs that an investor in Fund will bear directly or indirectly. The
example assumes payment by the Fund of operating expenses. See Purchase of
Shares, Redemption of Shares and Management of the Fund in the accompanying
Prospectus for more information.
1 year
3 years
An investor would pay the following
expenses
On a $1,000 investment, assuming (1)
5.00%
annual return and (2) redemption at
the end of
each time period:
Class L
39
69
An investor would pay the following
expenses
On the same investment, assuming the
same
annual return and no redemption:
Class L
29
69
The example also provides a means for the investor to compare expense levels
of funds with different fee structures over varying investment periods. To
facilitate such comparison, all funds are required to utilize a 5.00% annual
return assumption. However, the Funds actual return will vary and may be
greater or less than 5.00%. This example should not be considered a
representation of past or future expenses and actual expenses may be greater
or less than those shown.
FD 01522
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