<PAGE> PAGE 1
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<PAGE> PAGE 2
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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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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
SIGNATURE THOMAS M. REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUND, INC.
[SERIES]
[NUMBER] 1
[NAME] EQUITY INCOME CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 617,502,965
[INVESTMENTS-AT-VALUE] 801,301,063
[RECEIVABLES] 3,636,309
[ASSETS-OTHER] 80,411
[OTHER-ITEMS-ASSETS] 927
[TOTAL-ASSETS] 805,018,710
[PAYABLE-FOR-SECURITIES] 630,786
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 5,271,759
[TOTAL-LIABILITIES] 5,902,545
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 568,860,474
[SHARES-COMMON-STOCK] 40,579,338
[SHARES-COMMON-PRIOR] 42,324,270
[ACCUMULATED-NII-CURRENT] 8,618,270
[OVERDISTRIBUTION-NII] 861,665
[ACCUMULATED-NET-GAINS] 46,960,362
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 9,499,914
[NET-ASSETS] 799,116,165
[DIVIDEND-INCOME] 10,422,999
[INTEREST-INCOME] 2,113,777
[OTHER-INCOME] 0
[EXPENSES-NET] 3,797,455
[NET-INVESTMENT-INCOME] 8,618,270
[REALIZED-GAINS-CURRENT] 46,960,362
[APPREC-INCREASE-CURRENT] 9,499,914
[NET-CHANGE-FROM-OPS] 65,078,546
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,081,434
[NUMBER-OF-SHARES-REDEEMED] 3,067,005
[SHARES-REINVESTED] 240,639
[NET-CHANGE-IN-ASSETS] (8,397,198)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 2,258,564
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 3,797,455
[AVERAGE-NET-ASSETS] 628,430,274
[PER-SHARE-NAV-BEGIN] 14.59
[PER-SHARE-NII] 00.17
[PER-SHARE-GAIN-APPREC] 01.10
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 00.19
[RETURNS-OF-CAPITAL] 08.70
[PER-SHARE-NAV-END] 15.67
[EXPENSE-RATIO] 01.02
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUND, INC.
[SERIES]
[NUMBER] 1
[NAME] EQUITY INCOME CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 617,502,965
[INVESTMENTS-AT-VALUE] 801,301,063
[RECEIVABLES] 3,636,309
[ASSETS-OTHER] 80,411
[OTHER-ITEMS-ASSETS] 927
[TOTAL-ASSETS] 805,018,710
[PAYABLE-FOR-SECURITIES] 630,786
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 5,271,759
[TOTAL-LIABILITIES] 5,902,545
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 568,860,474
[SHARES-COMMON-STOCK] 709,008
[SHARES-COMMON-PRIOR] 417,083
[ACCUMULATED-NII-CURRENT] 8,618,270
[OVERDISTRIBUTION-NII] 861,665
[ACCUMULATED-NET-GAINS] 46,960,362
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 9,499,914
[NET-ASSETS] 799,116,165
[DIVIDEND-INCOME] 10,422,999
[INTEREST-INCOME] 2,113,777
[OTHER-INCOME] 0
[EXPENSES-NET] 3,797,455
[NET-INVESTMENT-INCOME] 8,618,270
[REALIZED-GAINS-CURRENT] 46,960,362
[APPREC-INCREASE-CURRENT] 9,499,914
[NET-CHANGE-FROM-OPS] 65,078,546
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 370,104
[NUMBER-OF-SHARES-REDEEMED] 80,856
[SHARES-REINVESTED] 2,677
[NET-CHANGE-IN-ASSETS] (8,397,198)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 2,258,564
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 3,797,455
[AVERAGE-NET-ASSETS] 8,670,280
[PER-SHARE-NAV-BEGIN] 14.54
[PER-SHARE-NII] 00.11
[PER-SHARE-GAIN-APPREC] 01.10
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 00.13
[RETURNS-OF-CAPITAL] 08.31
[PER-SHARE-NAV-END] 15.62
[EXPENSE-RATIO] 01.78
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUND, INC.
[SERIES]
[NUMBER] 1
[NAME] EQUITY INCOME CLASS C
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 617,502,965
[INVESTMENTS-AT-VALUE] 801,301,063
[RECEIVABLES] 3,636,309
[ASSETS-OTHER] 80,411
[OTHER-ITEMS-ASSETS] 927
[TOTAL-ASSETS] 805,018,710
[PAYABLE-FOR-SECURITIES] 630,786
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 5,271,759
[TOTAL-LIABILITIES] 5,902,545
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 568,860,474
[SHARES-COMMON-STOCK] 2,041,085
[SHARES-COMMON-PRIOR] 2,042,769
[ACCUMULATED-NII-CURRENT] 8,618,270
[OVERDISTRIBUTION-NII] 861,665
[ACCUMULATED-NET-GAINS] 46,960,362
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 9,499,914
[NET-ASSETS] 799,116,165
[DIVIDEND-INCOME] 10,422,999
[INTEREST-INCOME] 2,113,777
[OTHER-INCOME] 0
[EXPENSES-NET] 3,797,455
[NET-INVESTMENT-INCOME] 8,618,270
[REALIZED-GAINS-CURRENT] 46,960,362
[APPREC-INCREASE-CURRENT] 9,499,914
[NET-CHANGE-FROM-OPS] 65,078,546
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 193,929
[NUMBER-OF-SHARES-REDEEMED] 205,052
[SHARES-REINVESTED] 9,439
[NET-CHANGE-IN-ASSETS] (8,397,198)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 2,258,564
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 3,797,455
[AVERAGE-NET-ASSETS] 31,034,240
[PER-SHARE-NAV-BEGIN] 14.57
[PER-SHARE-NII] 00.11
[PER-SHARE-GAIN-APPREC] 01.09
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 00.13
[RETURNS-OF-CAPITAL] 08.24
[PER-SHARE-NAV-END] 15.64
[EXPENSE-RATIO] 01.81
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUND, INC.
[SERIES]
[NUMBER] 1
[NAME] EQUITY INCOME CLASS Y
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 617,502,965
[INVESTMENTS-AT-VALUE] 801,301,063
[RECEIVABLES] 3,636,309
[ASSETS-OTHER] 80,411
[OTHER-ITEMS-ASSETS] 927
[TOTAL-ASSETS] 805,018,710
[PAYABLE-FOR-SECURITIES] 630,786
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 5,271,759
[TOTAL-LIABILITIES] 5,902,545
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 568,860,474
[SHARES-COMMON-STOCK] 749,034
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 8,618,270
[OVERDISTRIBUTION-NII] 861,665
[ACCUMULATED-NET-GAINS] 46,960,362
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 9,499,914
[NET-ASSETS] 799,116,165
[DIVIDEND-INCOME] 10,422,999
[INTEREST-INCOME] 2,113,777
[OTHER-INCOME] 0
[EXPENSES-NET] 3,797,455
[NET-INVESTMENT-INCOME] 8,618,270
[REALIZED-GAINS-CURRENT] 46,960,362
[APPREC-INCREASE-CURRENT] 9,499,914
[NET-CHANGE-FROM-OPS] 65,078,546
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 794,034
[NUMBER-OF-SHARES-REDEEMED] 0
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] (8,397,198)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 2,258,564
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 3,797,455
[AVERAGE-NET-ASSETS] 6,414,875
[PER-SHARE-NAV-BEGIN] 15.06
[PER-SHARE-NII] 00.14
[PER-SHARE-GAIN-APPREC] .68
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 00.21
[RETURNS-OF-CAPITAL] 04.91
[PER-SHARE-NAV-END] 15.67
[EXPENSE-RATIO] 00.69
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUND, INC.
[SERIES]
[NUMBER] 1
[NAME] EQUITY INCOME CLASS Z
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 617,502,965
[INVESTMENTS-AT-VALUE] 801,301,063
[RECEIVABLES] 3,636,309
[ASSETS-OTHER] 80,411
[OTHER-ITEMS-ASSETS] 927
[TOTAL-ASSETS] 805,018,710
[PAYABLE-FOR-SECURITIES] 630,786
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 5,271,759
[TOTAL-LIABILITIES] 5,902,545
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 568,860,474
[SHARES-COMMON-STOCK] 6,870,423
[SHARES-COMMON-PRIOR] 6,752,593
[ACCUMULATED-NII-CURRENT] 8,618,270
[OVERDISTRIBUTION-NII] 861,665
[ACCUMULATED-NET-GAINS] 46,960,362
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 9,499,914
[NET-ASSETS] 799,116,165
[DIVIDEND-INCOME] 10,422,999
[INTEREST-INCOME] 2,113,777
[OTHER-INCOME] 0
[EXPENSES-NET] 3,797,455
[NET-INVESTMENT-INCOME] 8,618,270
[REALIZED-GAINS-CURRENT] 46,960,362
[APPREC-INCREASE-CURRENT] 9,499,914
[NET-CHANGE-FROM-OPS] 65,078,546
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 383,455
[NUMBER-OF-SHARES-REDEEMED] 315,232
[SHARES-REINVESTED] 49,607
[NET-CHANGE-IN-ASSETS] (8,397,198)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 2,258,564
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 3,797,455
[AVERAGE-NET-ASSETS] 104,502,401
[PER-SHARE-NAV-BEGIN] 14.61
[PER-SHARE-NII] 00.19
[PER-SHARE-GAIN-APPREC] 01.11
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 00.21
[RETURNS-OF-CAPITAL] 08.92
[PER-SHARE-NAV-END] 15.70
[EXPENSE-RATIO] 00.69
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUNDS, INC.
[SERIES]
[NUMBER] 2
[NAME] U.S. GOVERNMENT SECURITIES CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 493,962,560
[INVESTMENTS-AT-VALUE] 488,875,846
[RECEIVABLES] 19,734,494
[ASSETS-OTHER] 4,701
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 508,615,041
[PAYABLE-FOR-SECURITIES] 67,659,444
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 51,712,094
[TOTAL-LIABILITIES] 119,371,538
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 404,997,903
[SHARES-COMMON-STOCK] 25,584,923
[SHARES-COMMON-PRIOR] 28,289,208
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (380,726)
[ACCUMULATED-NET-GAINS] (10,286,960)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (5,086,714)
[NET-ASSETS] 389,243,503
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 15,499,853
[OTHER-INCOME] 0
[EXPENSES-NET] 2,559,598
[NET-INVESTMENT-INCOME] 12,940,255
[REALIZED-GAINS-CURRENT] (607,731)
[APPREC-INCREASE-CURRENT] (17,247,209)
[NET-CHANGE-FROM-OPS] (4,914,685)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 11,395,228
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 231,315
[NUMBER-OF-SHARES-REDEEMED] 3,329,909
[SHARES-REINVESTED] 394,309
[NET-CHANGE-IN-ASSETS] (55,880,762)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] (9,679,229)
[OVERDISTRIB-NII-PRIOR] (100,007)
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 911,953
[INTEREST-EXPENSE] 844,646
[GROSS-EXPENSE] 1,756,599
[AVERAGE-NET-ASSETS] 357,577,726
[PER-SHARE-NAV-BEGIN] 13.59
[PER-SHARE-NII] 00.42
[PER-SHARE-GAIN-APPREC] (0.56)
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] (0.43)
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.02
[EXPENSE-RATIO] 01.22
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUNDS, INC.
[SERIES]
[NUMBER] 2
[NAME] U.S. GOVERNMENT SECURITIES CLASS B
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 493,962,560
[INVESTMENTS-AT-VALUE] 488,875,846
[RECEIVABLES] 19,734,494
[ASSETS-OTHER] 4,701
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 508,615,041
[PAYABLE-FOR-SECURITIES] 67,659,444
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 51,712,094
[TOTAL-LIABILITIES] 119,371,538
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 404,997,903
[SHARES-COMMON-STOCK] 878,914
[SHARES-COMMON-PRIOR] 816,870
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (380,726)
[ACCUMULATED-NET-GAINS] (10,286,960)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (5,086,714)
[NET-ASSETS] 389,243,503
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 15,499,853
[OTHER-INCOME] 0
[EXPENSES-NET] 2,559,598
[NET-INVESTMENT-INCOME] 12,940,255
[REALIZED-GAINS-CURRENT] (607,731)
[APPREC-INCREASE-CURRENT] (17,247,209)
[NET-CHANGE-FROM-OPS] (4,914,685)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 334,117
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 134,993
[NUMBER-OF-SHARES-REDEEMED] 87,118
[SHARES-REINVESTED] 14,169
[NET-CHANGE-IN-ASSETS] (55,880,762)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] (9,679,229)
[OVERDISTRIB-NII-PRIOR] (100,007)
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 911,953
[INTEREST-EXPENSE] 844,646
[GROSS-EXPENSE] 1,756,599
[AVERAGE-NET-ASSETS] 11,241,430
[PER-SHARE-NAV-BEGIN] 13.61
[PER-SHARE-NII] 00.39
[PER-SHARE-GAIN-APPREC] (00.58)
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] (00.39)
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.02
[EXPENSE-RATIO] 01.72
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUNDS, INC.
[SERIES]
[NUMBER] 2
[NAME] U.S. GOVERNMENT SECURITIES CLASS C
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 493,962,560
[INVESTMENTS-AT-VALUE] 488,875,846
[RECEIVABLES] 19,734,494
[ASSETS-OTHER] 4,701
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 508,615,041
[PAYABLE-FOR-SECURITIES] 67,659,444
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 51,712,094
[TOTAL-LIABILITIES] 119,371,538
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 404,997,903
[SHARES-COMMON-STOCK] 1,414,805
[SHARES-COMMON-PRIOR] 1,587,202
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (380,726)
[ACCUMULATED-NET-GAINS] (10,286,960)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (5,086,714)
[NET-ASSETS] 389,243,503
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 15,499,853
[OTHER-INCOME] 0
[EXPENSES-NET] 2,559,598
[NET-INVESTMENT-INCOME] 12,940,255
[REALIZED-GAINS-CURRENT] (607,731)
[APPREC-INCREASE-CURRENT] (17,247,209)
[NET-CHANGE-FROM-OPS] (4,914,685)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 582,152
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 39,731
[NUMBER-OF-SHARES-REDEEMED] 233,317
[SHARES-REINVESTED] 21,189
[NET-CHANGE-IN-ASSETS] (55,880,762)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] (9,679,229)
[OVERDISTRIB-NII-PRIOR] (100,007)
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 911,953
[INTEREST-EXPENSE] 844,646
[GROSS-EXPENSE] 1,756,599
[AVERAGE-NET-ASSETS] 19,648,164
[PER-SHARE-NAV-BEGIN] 13.58
[PER-SHARE-NII] 00.38
[PER-SHARE-GAIN-APPREC] (00.55)
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] (00.40)
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.01
[EXPENSE-RATIO] 01.70
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUNDS, INC.
[SERIES]
[NUMBER] 2
[NAME] U.S. GOVERNMENT SECURITIES CLASS Y
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 493,962,560
[INVESTMENTS-AT-VALUE] 488,875,846
[RECEIVABLES] 19,734,494
[ASSETS-OTHER] 4,701
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 508,615,041
[PAYABLE-FOR-SECURITIES] 67,659,444
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 51,712,094
[TOTAL-LIABILITIES] 119,371,538
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 404,997,903
[SHARES-COMMON-STOCK] 436,408
[SHARES-COMMON-PRIOR] 513,698
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (380,726)
[ACCUMULATED-NET-GAINS] (10,286,960)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (5,086,714)
[NET-ASSETS] 389,243,503
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 15,499,853
[OTHER-INCOME] 0
[EXPENSES-NET] 2,559,598
[NET-INVESTMENT-INCOME] 12,940,255
[REALIZED-GAINS-CURRENT] (607,731)
[APPREC-INCREASE-CURRENT] (17,247,209)
[NET-CHANGE-FROM-OPS] (4,914,685)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 207,502
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1
[NUMBER-OF-SHARES-REDEEMED] 80,760
[SHARES-REINVESTED] 3,469
[NET-CHANGE-IN-ASSETS] (55,880,762)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] (9,679,229)
[OVERDISTRIB-NII-PRIOR] (100,007)
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 911,953
[INTEREST-EXPENSE] 844,646
[GROSS-EXPENSE] 1,756,599
[AVERAGE-NET-ASSETS] 6,305,593
[PER-SHARE-NAV-BEGIN] 13.61
[PER-SHARE-NII] 00.44
[PER-SHARE-GAIN-APPREC] (00.57)
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] (00.44)
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.04
[EXPENSE-RATIO] 00.92
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUNDS, INC.
[SERIES]
[NUMBER] 2
[NAME] U.S. GOVERNMENT SECURITIES CLASS Z
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 493,962,560
[INVESTMENTS-AT-VALUE] 488,875,846
[RECEIVABLES] 19,734,494
[ASSETS-OTHER] 4,701
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 508,615,041
[PAYABLE-FOR-SECURITIES] 67,659,444
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 51,712,094
[TOTAL-LIABILITIES] 119,371,538
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 404,997,903
[SHARES-COMMON-STOCK] 1,585,784
[SHARES-COMMON-PRIOR] 1,538,469
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (380,726)
[ACCUMULATED-NET-GAINS] (10,286,960)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (5,086,714)
[NET-ASSETS] 389,243,503
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 15,499,853
[OTHER-INCOME] 0
[EXPENSES-NET] 2,559,598
[NET-INVESTMENT-INCOME] 12,940,255
[REALIZED-GAINS-CURRENT] (607,731)
[APPREC-INCREASE-CURRENT] (17,247,209)
[NET-CHANGE-FROM-OPS] (4,914,685)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 701,975
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 95,379
[NUMBER-OF-SHARES-REDEEMED] 91,968
[SHARES-REINVESTED] 43,904
[NET-CHANGE-IN-ASSETS] (55,880,762)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] (9,679,229)
[OVERDISTRIB-NII-PRIOR] (100,007)
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 911,953
[INTEREST-EXPENSE] 844,646
[GROSS-EXPENSE] 1,756,599
[AVERAGE-NET-ASSETS] 20,988,373
[PER-SHARE-NAV-BEGIN] 13.60
[PER-SHARE-NII] 00.44
[PER-SHARE-GAIN-APPREC] (00.57)
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] (00.44)
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.03
[EXPENSE-RATIO] 00.92
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUND, INC.
[SERIES]
[NUMBER] 3
[NAME] INCOME RETURN ACCOUNT CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 24,176,339
[INVESTMENTS-AT-VALUE] 24,144,410
[RECEIVABLES] 299,736
[ASSETS-OTHER] 117,332
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 24,561,478
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 0
[TOTAL-LIABILITIES] 126,244
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 26,114,959
[SHARES-COMMON-STOCK] 17,246
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (45,175)
[ACCUMULATED-NET-GAINS] (1,628,347)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (31,929)
[NET-ASSETS] 24,435,234
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 705,238
[OTHER-INCOME] 0
[EXPENSES-NET] 109,914
[NET-INVESTMENT-INCOME] 595,324
[REALIZED-GAINS-CURRENT] 85,037
[APPREC-INCREASE-CURRENT] (293,439)
[NET-CHANGE-FROM-OPS] (208,402)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 413,098
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 176,095
[NUMBER-OF-SHARES-REDEEMED] 190,498
[SHARES-REINVESTED] 35,746
[NET-CHANGE-IN-ASSETS] (1,129,281)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 0
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 0
[AVERAGE-NET-ASSETS] 15,943,322
[PER-SHARE-NAV-BEGIN] 9.60
[PER-SHARE-NII] 0.23
[PER-SHARE-GAIN-APPREC] (.08)
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0.25
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 9.50
[EXPENSE-RATIO] 0.89
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUND, INC.
[SERIES]
[NUMBER] 3
[NAME] INCOME RETURN ACCOUNT CLASS C
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 24,176,339
[INVESTMENTS-AT-VALUE] 24,144,410
[RECEIVABLES] 299,736
[ASSETS-OTHER] 117,332
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 24,561,478
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 0
[TOTAL-LIABILITIES] 126,244
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 26,114,959
[SHARES-COMMON-STOCK] 2,260
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (45,175)
[ACCUMULATED-NET-GAINS] (1,628,347)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (31,929)
[NET-ASSETS] 24,435,234
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 705,238
[OTHER-INCOME] 0
[EXPENSES-NET] 109,914
[NET-INVESTMENT-INCOME] 595,324
[REALIZED-GAINS-CURRENT] 85,037
[APPREC-INCREASE-CURRENT] (293,439)
[NET-CHANGE-FROM-OPS] (208,402)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 56,454
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 25,192
[NUMBER-OF-SHARES-REDEEMED] 64,937
[SHARES-REINVESTED] 3,986
[NET-CHANGE-IN-ASSETS] (1,129,281)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 0
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 0
[AVERAGE-NET-ASSETS] 2,258,999
[PER-SHARE-NAV-BEGIN] 9.60
[PER-SHARE-NII] 0.22
[PER-SHARE-GAIN-APPREC] (.08)
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0.24
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 9.49
[EXPENSE-RATIO] 1.24
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUND, INC.
[SERIES]
[NUMBER] 3
[NAME] INCOME RETURN ACCOUNT CLASS Y
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 24,176,339
[INVESTMENTS-AT-VALUE] 24,144,410
[RECEIVABLES] 299,736
[ASSETS-OTHER] 117,332
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 24,561,478
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 0
[TOTAL-LIABILITIES] 126,244
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 26,114,959
[SHARES-COMMON-STOCK] 719
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (45,175)
[ACCUMULATED-NET-GAINS] (1,628,347)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (31,929)
[NET-ASSETS] 24,435,234
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 705,238
[OTHER-INCOME] 0
[EXPENSES-NET] 109,914
[NET-INVESTMENT-INCOME] 595,324
[REALIZED-GAINS-CURRENT] 85,037
[APPREC-INCREASE-CURRENT] (293,439)
[NET-CHANGE-FROM-OPS] (208,402)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 21,344
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1
[NUMBER-OF-SHARES-REDEEMED] 29,495
[SHARES-REINVESTED] 1,999
[NET-CHANGE-IN-ASSETS] (1,129,281)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 0
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 0
[AVERAGE-NET-ASSETS] 803,886
[PER-SHARE-NAV-BEGIN] 9.60
[PER-SHARE-NII] 0.24
[PER-SHARE-GAIN-APPREC] (.08)
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0.26
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 9.50
[EXPENSE-RATIO] 1.24
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUND, INC.
[SERIES]
[NUMBER] 3
[NAME] INCOME RETURN ACCOUNT CLASS Z
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 24,176,339
[INVESTMENTS-AT-VALUE] 24,144,410
[RECEIVABLES] 299,736
[ASSETS-OTHER] 117,332
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 24,561,478
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 0
[TOTAL-LIABILITIES] 126,244
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 26,114,959
[SHARES-COMMON-STOCK] 5,508
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (45,175)
[ACCUMULATED-NET-GAINS] (1,628,347)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (31,929)
[NET-ASSETS] 24,435,234
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 705,238
[OTHER-INCOME] 0
[EXPENSES-NET] 109,914
[NET-INVESTMENT-INCOME] 595,324
[REALIZED-GAINS-CURRENT] 85,037
[APPREC-INCREASE-CURRENT] (293,439)
[NET-CHANGE-FROM-OPS] (208,402)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 149,412
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 0
[NUMBER-OF-SHARES-REDEEMED] 62,637
[SHARES-REINVESTED] 15,920
[NET-CHANGE-IN-ASSETS] (1,129,281)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 0
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 0
[AVERAGE-NET-ASSETS] 5,542,862
[PER-SHARE-NAV-BEGIN] 9.61
[PER-SHARE-NII] 0.23
[PER-SHARE-GAIN-APPREC] (.07)
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0.26
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 9.51
[EXPENSE-RATIO] 1.24
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUNDS, INC.
[SERIES]
[NUMBER] 4
[NAME] SHORT-TERM U.S. TREASURY CLASS A
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 99,878,848
[INVESTMENTS-AT-VALUE] 100,776,288
[RECEIVABLES] 1,207,831
[ASSETS-OTHER] 26,127,000
[OTHER-ITEMS-ASSETS] 613
[TOTAL-ASSETS] 128,111,732
[PAYABLE-FOR-SECURITIES] 3,991,875
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 19,366,907
[TOTAL-LIABILITIES] 23,358,782
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 113,501,951
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (9,646,441)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 897,440
[NET-ASSETS] 104,752,950
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 3,416,907
[OTHER-INCOME] 0
[EXPENSES-NET] 491,228
[NET-INVESTMENT-INCOME] 2,925,679
[REALIZED-GAINS-CURRENT] (1,592,415)
[APPREC-INCREASE-CURRENT] (3,026,327)
[NET-CHANGE-FROM-OPS] (1,693,063)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 4,746,932
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,806,555
[NUMBER-OF-SHARES-REDEEMED] 5,153,583
[SHARES-REINVESTED] 609,176
[NET-CHANGE-IN-ASSETS] (2,346,144)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] (5,056,847)
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 230,781
[INTEREST-EXPENSE] 365,332
[GROSS-EXPENSE] 596,113
[AVERAGE-NET-ASSETS] 98,651,378
[PER-SHARE-NAV-BEGIN] 4.19
[PER-SHARE-NII] 0.12
[PER-SHARE-GAIN-APPREC] (.19)
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0.12
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 4.00
[EXPENSE-RATIO] 0.96
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUNDS, INC.
[SERIES]
[NUMBER] 4
[NAME] SHORT-TERM U.S. TREASURY CLASS Y
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] JUN-30-1996
[INVESTMENTS-AT-COST] 99,878,848
[INVESTMENTS-AT-VALUE] 100,776,288
[RECEIVABLES] 1,207,831
[ASSETS-OTHER] 26,127,000
[OTHER-ITEMS-ASSETS] 613
[TOTAL-ASSETS] 128,111,732
[PAYABLE-FOR-SECURITIES] 3,991,875
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 19,366,907
[TOTAL-LIABILITIES] 23,358,782
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 113,501,951
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (9,646,441)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 897,440
[NET-ASSETS] 104,752,950
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 3,416,907
[OTHER-INCOME] 0
[EXPENSES-NET] 491,228
[NET-INVESTMENT-INCOME] 2,925,679
[REALIZED-GAINS-CURRENT] (1,592,415)
[APPREC-INCREASE-CURRENT] (3,026,327)
[NET-CHANGE-FROM-OPS] (1,693,063)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 3,387,130
[NUMBER-OF-SHARES-REDEEMED] 0
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] (2,346,144)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] (5,056,847)
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 230,781
[INTEREST-EXPENSE] 365,332
[GROSS-EXPENSE] 596,113
[AVERAGE-NET-ASSETS] 3,924,827
[PER-SHARE-NAV-BEGIN] 4.19
[PER-SHARE-NII] 0.10
[PER-SHARE-GAIN-APPREC] (.19)
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0.10
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 4.00
[EXPENSE-RATIO] 0.83
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
