<PAGE> PAGE 1
000 A000000 06/30/96
000 C000000 888127
000 D000000 N
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000 F000000 Y
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000 J000000 A
001 A000000 SMITH BARNEY MUNICIPAL FUND, INC.
001 B000000 811-6688
001 C000000 2128166550
002 A000000 388 GREENWICH STREET
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10013
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010 A000001 SMITH BARNEY
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012 A000001 FIRST DATA INVESTOR SERVICES GROUP
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<PAGE> PAGE 2
012 C020001 MA
012 C030001 02104
013 A000001 KPMG PEAT MARWICK LLP
013 B010001 NEW YORK
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013 B030001 10154
015 A000001 PNC BANK
015 B000001 C
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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SIGNATURE THOMAS M. REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000888127
[NAME] SMITH BARNEY MUNICIPAL FUND, INC.
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 59,759,574
[INVESTMENTS-AT-VALUE] 61,240,150
[RECEIVABLES] 1,219,785
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 62,642,905
[PAYABLE-FOR-SECURITIES] 1,203,020
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 209,897
[TOTAL-LIABILITIES] 1,412,917
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 60,192,643
[SHARES-COMMON-STOCK] 4,021,162
[SHARES-COMMON-PRIOR] 4,021,162
[ACCUMULATED-NII-CURRENT] 1,684,033
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (39,734)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (2,041,994)
[NET-ASSETS] 61,229,988
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 1,945,360
[OTHER-INCOME] 0
[EXPENSES-NET] 261,327
[NET-INVESTMENT-INCOME] 1,684,033
[REALIZED-GAINS-CURRENT] (39,734)
[APPREC-INCREASE-CURRENT] (2,041,994)
[NET-CHANGE-FROM-OPS] (397,695)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 1,713,015
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 0
[NUMBER-OF-SHARES-REDEEMED] 0
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] (2,110,710)
[ACCUMULATED-NII-PRIOR] 3,347,408
[ACCUMULATED-GAINS-PRIOR] 178,170
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 215,675
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 261,327
[AVERAGE-NET-ASSETS] 61,948,306
[PER-SHARE-NAV-BEGIN] 15.75
[PER-SHARE-NII] 00.42
[PER-SHARE-GAIN-APPREC] (0.51)
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 00.43
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 15.23
[EXPENSE-RATIO] 00.85
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
