Supplement dated January 5, 2001 to Prospectuses of
the Funds indicated below:
During the period January 22, 2001 through February
28, 2001, each of the Funds will waive the initial sales
charge on purchases of Class L shares. Other charges and
fees applicable to such shares will remain the same
including the one percent charge if an investor redeems
within one year of purchase.
CITIFUNDS INTERNATIONAL TRUST
SMITH BARNEY INTERNATIONAL LARGE CAP FUND
September 11, 2000
CITIFUNDS TRUST II
SMITH BARNEY DIVERSIFIED LARGE CAP GROWTH FUND
September 11, 2000
SMITH BARNEY SMALL CAP GROWTH OPPORTUNITIES FUND
September 11, 2000
SMITH BARNEY AGGRESSIVE GROWTH FUND INC.
December 29, 2000
SMITH BARNEY APPRECIATION FUND INC.
April 28, 2000
SMITH BARNEY ARIZONA MUNICIPALS FUND INC.
September 28,2000
SMITH BARNEY CALIFORNIA MUNICIPALS FUND INC.
June 28, 2000
SMITH BARNEY ALLOCATION SERIES
BALANCED PORTFOLIO
May 30, 2000
As amended September 11,2000
CONSERVATIVE PORTFOLIO
May 30, 2000
As amended September 11,2000
GLOBAL PORTFOLIO
May 30, 2000
As amended September 11,2000
GROWTH PORTFOLIO
May 30, 2000
As amended September 11,2000
HIGH GROWTH PORTFOLIO
May 30, 2000
As amended September 11,2000
INCOME PORTFOLIO
May 30, 2000
As amended September 11,2000
SMITH BARNEY EQUITY FUNDS
May 30, 2000
As amended September 11,2000
SMITH BARNEY SOCIAL AWARENESS FUND
SMITH BARNEY FUNDAMENTAL VALUE FUND INC.
January 28, 2000
SMITH BARNEY FUNDS, INC.
April 28, 2000
LARGE CAP VALUE FUND
U.S. GOVERNMENT SECURITIES FUND
SMITH BARNEY INCOME FUNDS
SMITH BARNEY BALANCED FUND
November 28, 2000
SMITH BARNEY CONVERTIBLE FUND
November 28, 2000
SMITH BARNEY DIVERSIFIED STRATEGIC INCOME FUND
November 28, 2000
SMITH BARNEY HIGH INCOME FUND
November 28, 2000
SMITH BARNEY MUNICIPAL HIGH INCOME FUND
November 28, 2000
SMITH BARNEY PREMIUM TOTAL RETURN FUND
April 28, 2000
S MITH BARNEY TOTAL RETURN BOND FUND
November 28, 2000
SMITH BARNEY INVESTMENT FUNDS INC.
SMITH BARNEY GOVERNMENT SECURITIES FUND
April 28, 2000
SMITH BARNEY GROUP SPECTRUM FUND
September 14, 2000
SMITH BARNEY HANSBERGER GLOBAL VALUE FUND
August 28, 2000
SMITH BARNEY INVESTMENT GRADE BOND FUND
April 28, 2000
SMITH BARNEY PEACHTREE GROWTH FUND
March 13, 2000
As amended September 11, 2000
SMITH BARNEY PREMIER SELECTIONS ALL CAP GROWTH FUND
August 28, 2000
SMITH BARNEY PREMIER SELECTIONS GLOBAL GROWTH FUND
August 28, 2000
SMITH BARNEY PREMIER SELECTIONS LARGE CAP FUND
August 28, 2000
SMITH BARNEY SMALL CAP VALUE FUND
January 28, 2000
SMITH BARNEY SMALL CAP GROWTH FUND
October 11, 1999
As amended August 21, 2000
SMITH BARNEY INVESTMENT SERIES
SMITH BARNEY GROWTH AND INCOME FUND
February 28, 2000
As amended September 11, 2000
SMITH BARNEY INTERNATIONAL AGGRESSIVE GROWTH FUND
February 28, 2000
As amended September 11, 2000
SMITH BARNEY LARGE CAP CORE FUND
February 28, 2000
As amended September 11, 2000
SMITH BARNEY INVESTMENT TRUST
SMITH BARNEY INTERMEDIATE MATURITY CALIFORNIA MUNICIPALS FUND March 29, 2000
SMITH BARNEY INTERMEDIATE MATURITY NEW YORK MUNICIPALS FUND March 29, 2000
SMITH BARNEY LARGE CAPITALIZATION GROWTH FUND
March 29, 2000
As amended November 1, 2000
SMITH BARNEY MID CAP CORE FUND
March 29, 2000
As amended August 21, 2000
SMITH BARNEY MANAGED GOVERNMENTS FUND INC.
November 28, 2000
SMITH BARNEY MANAGED MUNICIPALS FUND INC.
June 28, 2000
As amended August 21, 2000
SMITH BARNEY MASSACHUSETTS MUNICIPALS FUND
March 29, 2000
SMITH BARNEY MUNI FUNDS
FLORIDA PORTFOLIO
July 28, 2000
GEORGIA PORTFOLIO
July 28, 2000
LIMITED TERM PORTFOLIO
July 28, 2000
NATIONAL PORTFOLIO
July 28, 2000
NEW YORK PORTFOLIO
July 28, 2000
PENNSYLVANIA PORTFOLIO
July 28, 2000
SMITH BARNEY NEW JERSEY MUNICIPALS FUND, INC.
July 28, 2000
SMITH BARNEY OREGON MUNICIPALS FUND
August 28,2000
SMITH BARNEY SECTOR SERIES FUND INC.
SMITH BARNEY FINANCIAL SERVICES FUND
February 14, 2000
SMITH BARNEY GLOBAL BIOTECHNOLOGY FUND
August 14, 2000
SMITH BARNEY GLOBAL MEDIA AND TELECOMMUNICATIONS FUND August 14, 2000
SMITH BARNEY GLOBAL TECHNOLOGY FUND
August 14, 2000
SMITH BARNEY HEALTH SCIENCES FUND
February 14, 2000
SMITH BARNEY TECHNOLOGY FUND
February 14, 2000
SMITH BARNEY SMALL CAP CORE FUND, INC.
April 28, 2000
SMITH BARNEY WORLD FUNDS, INC.
February 28, 2000
GLOBAL GOVERNMENT BOND FUND
INTERNATIONAL ALL CAP GROWTH PORTFOLIO
_________________
FD02155
