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011 A000001 SMITH BARNEY
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011 C020001 NY
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012 A000001 FIRST DATA INVESTOR SERVICES GROUP
012 B000001 85-0000000
012 C010001 BOSTON
<PAGE> PAGE 2
012 C020001 MA
012 C030001 02104
013 A000001 KPMG PEAT MARWICK LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10154
015 A000001 PNC BANK
015 B000001 C
015 C010001 PHILADELPHIA
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015 C030001 19103
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022 A000001 PRAGER, MCCARTHY AND SEALY
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022 A000002 J.C. BRADFORD & CO.
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022 C000002 1985
022 D000002 2998
022 A000003 MERRILL LYNCH
022 B000003 13-5674085
022 C000003 995
022 D000003 580
022 A000004 INTERSTATE JOHNSON LANE CORP.
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022 A000005 PAUSCHER PIERCE RESFSNES, INC.
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022 A000006 A.H. WILLIAMS & CO., INC.
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<PAGE> PAGE 3
022 A000007 WHEAT FIRST BUTCHER SINGER, INC.
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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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] YEAR
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] DEC-31-1996
[INVESTMENTS-AT-COST] 58,582,939
[INVESTMENTS-AT-VALUE] 60,816,070
[RECEIVABLES] 1,249,557
[ASSETS-OTHER] 69,328
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 62,134,955
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 122,931
[TOTAL-LIABILITIES] 122,931
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 60,196,664
[SHARES-COMMON-STOCK] 4,021,162
[SHARES-COMMON-PRIOR] 4,021,162
[ACCUMULATED-NII-CURRENT] 74,715
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (492,486)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 2,233,131
[NET-ASSETS] 62,012,024
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 3,922,628
[OTHER-INCOME] 0
[EXPENSES-NET] 557,222
[NET-INVESTMENT-INCOME] 3,365,406
[REALIZED-GAINS-CURRENT] 21,389
[APPREC-INCREASE-CURRENT] (1,289,439)
[NET-CHANGE-FROM-OPS] 2,097,356
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 3,426,030
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 0
[NUMBER-OF-SHARES-REDEEMED] 0
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] (1,328,674)
[ACCUMULATED-NII-PRIOR] 135,339
[ACCUMULATED-GAINS-PRIOR] (513,875)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 432,659
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 557,222
[AVERAGE-NET-ASSETS] 61,807,756
[PER-SHARE-NAV-BEGIN] 15.75
[PER-SHARE-NII] 00.84
[PER-SHARE-GAIN-APPREC] 01.32
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 00.85
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 15.42
[EXPENSE-RATIO] 00.90
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
