TRAVELERS SERIES FUND INC.
on behalf of the
INVESCO Global Strategic Income Portfolio
Supplement dated June 30, 2000
to Prospectus dated February 28, 2000
At a meeting of the Board of Directors of the Travelers Series
Fund Inc. (the "Fund") held on June 28, 2000, the Directors
approved an interim sub-advisory agreement and subject to
shareholder approval, a new Sub-Advisory Agreement ("Agreement")
with Salomon Brothers Asset Management Inc. ("SaBAM"), on behalf
of the INVESCO Global Strategic Income Portfolio (the
"Portfolio"). SaBAM is a wholly owned subsidiary of Citigroup
Inc. ("Citigroup"). The Portfolio's adviser, Travelers
Investment Adviser Inc. ("TIA") is an indirect wholly owned
subsidiary of Citigroup. The Directors also approved the
resignation of INVESCO Inc. ("INVESCO") as sub-adviser to the
Portfolio and the subsequent termination of the current sub-
advisory agreement. The interim sub-advisory agreement will
commence on July 3, 2000 and will terminate on the later of 120
days or upon shareholder approval of the Agreement. If the 120
days expires without shareholder approval of the Agreement, TIA
would manage the Portfolio without the assistance of a sub-
adviser until the Board of Directors determines that additional
action is appropriate. Both the interim sub-advisory agreement
and the Agreement obligate the sub-adviser to provide investment
advisory services. The interim agreement is identical to the
current sub-advisory agreement with INVESCO in all material
respects. There are no material changes in its terms and
conditions and no change in fees. The Agreement would provide
for fees to be paid by the adviser to the sub-adviser at a rate
to be agreed upon from time to time, but in no instance to exceed
the fees currently being paid to the adviser.
Peter Wilby, a Managing Director of SaBAM and senior portfolio
manager for other SaBAM fixed income portfolios will serve as the
Portfolio's portfolio manager under both the interim agreement
and the Agreement if approved by shareholders. Mr. Wilby has 16
years of investment management experience and has been with SaBAM
since 1989. SaBAM employs a team approach utilizing its
investment resources and currently manages approximately $23
billion in separate accounts, mutual funds, partnerships and
variable annuities.
Effective as of June 28, 2000, the Board of Directors of the Fund
has approved a name change for the Portfolio, which is a series
of the Fund, to Salomon Brothers Global High Yield Portfolio.
This name change does not represent a change in either investment
objectives or investment policies.
The above information supplements and to the extent inconsistent
therewith, replaces the information set forth in the Prospectus.
FD 01965
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