SMITH BARNEY FLORIDA MUNICIPALS FUND, 497, 1995-07-12

SMITH BARNEY FLORIDA MUNICIPALS FUND
497, 1995-07-12

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            SMITH BARNEY FLORIDA MUNICIPALS
                        FUND (the "Fund")
                        
                Supplement to Prospectus and
             Statement of Additional
             Information
                   dated December 30, 1994
                   
     On June 19, 1995, Smith Barney Mutual Funds
Management Inc. assumed responsibility for all
administrative functions for the Fund, including functions
previously performed by The Boston Company Advisors, Inc.
("Boston Advisors"). As of that date, Boston Advisors
ceased to serve as subadministrator to the Fund.
     Also as of June 19, 1995, PNC Bank, National
Association ("PNC") assumed responsibility as the
custodian for the Fund.  As of that date, Boston Safe
Deposit and Trust Company, an affiliate of Boston
Advisors, ceased to serve as the Fund's custodian. PNC is
located at 17th and Chestnut Streets, Philadelphia,
Pennsylvania.



Supplement dated July 12, 1995