FORM 10-Q

                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                 (X) QUARTERLY REPORT UNDER SECTION 13 or 15(d)

                     OF THE SECURITIES EXCHANGE ACT OF 1934

               OR ( ) TRANSITION REPORT UNDER SECTION 13 or 15(d)

                     OF THE SECURITIES EXCHANGE ACT OF 1934

For the Quarter ended September 30, 2000

Commission File Number 0-26132

                   SMITH BARNEY DIVERSIFIED FUTURES FUND L.P.
             (Exact name of registrant as specified in its charter)

      New York                                   13-3729162
  (State or other jurisdiction of              (I.R.S. Employer
 incorporation or organization)               Identification No.)


                     c/o Smith Barney Futures Management LLC
                           388 Greenwich St. - 7th Fl.
                            New York, New York 10013
              (Address and Zip Code of principal executive offices)


                                 (212) 723-5424
              (Registrant's telephone number, including area code)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.
                                                 Yes   X    No


<PAGE>


                   SMITH BARNEY DIVERSIFIED FUTURES FUND L.P.
                                    FORM 10-Q
                                      INDEX

                                                                Page
                                                                Number

PART I - Financial Information:

 Item 1.  Financial Statements:

          Statement of Financial Condition
          at September 30, 2000 and December 31,
          1999 (unaudited).                                       3

          Statement of Income and Expenses
          and Partners' Capital for the three
          and nine months ended September 30,
          2000 and 1999 (unaudited).                              4

          Notes to Financial Statements
          (unaudited)                                           5 - 9

 Item 2.  Management's Discussion and
          Analysis of Financial Condition
          and Results of Operations                            10 - 11

 Item 3.  Quantitative and Qualitative
          Disclosures of Market Risk                           12 - 13

PART II - Other Information                                    14 - 17



                              2
<PAGE>


                                     PART I
                          ITEM 1. FINANCIAL STATEMENTS


                   SMITH BARNEY DIVERSIFIED FUTURES FUND L.P.
                        STATEMENT OF FINANCIAL CONDITION
                                   (Unaudited)


                                                 SEPTEMBER 30,     DECEMBER 31,
                                                   2000               1999
                                              --------------    --------------

ASSETS:

Equity in commodity futures trading account:
  Cash                                         $  83,787,837    $ 114,347,833
  Net unrealized appreciation (depreciation)
   on open contracts                              (1,308,478)       5,310,783
  Commodity options owned at fair
   value (cost  $0 and $663,996 in
   2000 and 1999, respectively)                         --            501,192
                                               -------------    -------------
                                                  82,479,359      120,159,808
Interest receivable                                  334,134          403,616
                                               -------------    -------------
                                               $  82,813,493    $ 120,563,424
                                               =============    =============

LIABILITIES AND PARTNERS' CAPITAL:

Liabilities:
 Accrued expenses:
  Commissions                                  $     362,278    $     556,459
  Management fees                                    157,037          326,697
  Other                                               84,236          128,566
 Redemptions payable                               1,564,692        2,043,170
                                               -------------    -------------
                                                   2,168,243        3,054,892
                                               -------------    -------------


Partners' Capital:

General Partner, 2,048.9308 Unit
   equivalents outstanding in 2000 and 1999        2,288,963        2,669,941
Limited Partners, 70,139.2689 and
  88,128.2111 Units of Limited Partnership
  Interest outstanding in 2000 and 1999,
  respectively                                    78,356,287      114,838,591
                                               -------------    -------------
                                                  80,645,250      117,508,532
                                               -------------    -------------
                                               $  82,813,493    $ 120,563,424
                                               =============    =============

See Notes to Financial Statements.
                                              3


<PAGE>


                   SMITH BARNEY DIVERSIFIED FUTURES FUND L.P.
             STATEMENT OF INCOME AND EXPENSES AND PARTNERS' CAPITAL
                                   (UNAUDITED)


<TABLE>
<CAPTION>
                                                         THREE MONTHS ENDED               NINE MONTHS ENDED
                                                           SEPTEMBER 30,                    SEPTEMBER 30,
                                                  ------------------------------    ------------------------------
                                                       2000           1999               2000             1999
                                                  ------------------------------     -----------------------------
<S>                                                     <C>             <C>               <C>             <C>
Income:
  Net gains (losses) on trading of commodity
   interests:
  Realized gains (losses) on closed positions    $  (6,755,576)   $   4,725,792    $  (4,252,861)   $   9,532,175
  Change in unrealized losses on open
   positions                                        (1,930,558)      (4,964,921)      (6,456,457)      (3,884,396)
                                                 -------------    -------------    -------------    -------------
                                                    (8,686,134)        (239,129)     (10,709,318)       5,647,779
Less, brokerage commissions including
 clearing fees of $74,785, $62,565,
 $207,438 and $191,228, respective                  (1,329,705)      (2,011,553)      (4,576,349)      (6,185,823)
                                                 -------------    -------------    -------------    -------------
  Net realized and unrealized losses               (10,015,839)      (2,250,682)     (15,285,667)        (538,044)
  Interest income                                    1,058,961        1,196,022        3,301,526        3,559,636
                                                 -------------    -------------    -------------    -------------
                                                    (8,956,878)      (1,054,660)     (11,984,141)       3,021,592
                                                 -------------    -------------    -------------    -------------

Expenses:
  Management fees                                      509,092        1,084,471        2,277,224        3,161,822
  Other                                                 10,801           43,278           60,168          133,202
  Incentive fees                                          --            105,488             --            668,443
                                                 -------------    -------------    -------------    -------------
                                                       519,893        1,233,237        2,337,392        3,963,467
                                                 -------------    -------------    -------------    -------------
  Net loss                                          (9,476,771)      (2,287,897)     (14,321,533)        (941,875)
  Additions                                             13,137           31,389           51,344           91,544
  Redemptions                                       (5,828,553)      (3,549,468)     (22,593,093)     (13,032,161)
                                                 -------------    -------------    -------------    -------------
  Net decrease in Partners' capital                (15,292,187)      (5,805,976)     (36,863,282)     (13,882,492)
Partners' capital, beginning of period              95,937,437      135,827,745      117,508,532      143,904,261
                                                 -------------    -------------    -------------    -------------
Partners' capital, end of period                 $  80,645,250    $ 130,021,769    $  80,645,250    $ 130,021,769
                                                 -------------    -------------    -------------    -------------
Net asset value per Unit
  (72,188.1997 and 93,584.9673 Units
  outstanding at September 30, 2000 and
  1999, respectively)                            $    1,117.15    $    1,389.34    $    1,117.15    $    1,389.34
                                                 -------------    -------------    -------------    -------------
Net loss per Unit of Limited Partnership
  Interest and General Partner Unit equivalent   $     (125.65)   $      (23.96)   $     (185.94)   $       (8.41)
                                                 -------------    -------------    -------------    -------------
</TABLE>


See Notes to Financial Statements
                                             4

<PAGE>


                   Smith Barney Diversified Futures Fund L.P.
                          Notes to Financial Statements
                               September 30, 2000
                                   (Unaudited)

1.     General:

     Smith Barney Diversified Futures Fund L.P. (the "Partnership") is a limited
partnership  organized  under the laws of the State of New York,  on August  13,
1993  to  engage  in the  speculative  trading  of a  diversified  portfolio  of
commodity interests including futures contracts,  options and forward contracts.
The  commodity  interests  that are traded by the  Partnership  are volatile and
involve  a high  degree  of  market  risk.  The  Partnership  commenced  trading
operations on January 12, 1994.

     Smith  Barney  Futures  Management  LLC acts as the  general  partner  (the
"General  Partner") of the Partnership.  The  Partnership's  commodity broker is
Salomon Smith Barney Inc.  ("SSB").  SSB is an affiliate of the General Partner.
The  General  Partner is wholly  owned by Salomon  Smith  Barney  Holdings  Inc.
("SSBHI"), which is the sole owner of SSB. SSBHI is a wholly owned subsidiary of
Citigroup Inc. As of September 30, 2000, all trading  decisions are made for the
Partnership  by  Campbell  &  Company,  Inc.,  Willowbridge  Associates,   Inc.,
Stonebrook Capital Management,  Inc., Bridgewater Associates,  Inc. and Dominion
Capital Management, Inc. (collectively the "Advisors").  Effective July 1, 2000,
John W. Henry and Company, Inc. and Rabar Market Research,  Inc. were terminated
as  Advisors to the  Partnership.  Bridgewater  Associates,  Inc.  and  Dominion
Capital Management, Inc. were added as Advisors on that same date.

     The accompanying  financial statements are unaudited but, in the opinion of
management,  include  all  adjustments,  consisting  only  of  normal  recurring
adjustments,  necessary for a fair presentation of the  Partnership's  financial
condition  at  September  30, 2000 and  December 31, 1999 and the results of its
operations  for the three and nine  months  ended  September  30, 2000 and 1999.
These  financial  statements  present the results of interim  periods and do not
include all disclosures normally provided in annual financial statements.  It is
suggested  that  these  financial  statements  be read in  conjunction  with the
financial  statements and notes included in the  Partnership's  annual report on
Form 10-K filed with the Securities  and Exchange  Commission for the year ended
December 31, 1999.

     Due to the nature of commodity  trading,  the results of operations for the
interim  periods  presented  should not be considered  indicative of the results
that may be expected for the entire year.

                                   5
<PAGE>



                   Smith Barney Diversified Futures Fund L.P.
                          Notes to Financial Statements
                               September 30, 2000
                                   (Unaudited)
                                   (Continued)


2.       Net Asset Value Per Unit:

         Changes in net asset value per Unit for the three and nine months ended
September 30, 2000 and 1999 were as follows:

                                   THREE-MONTHS ENDED       NINE-MONTHS ENDED
                                    SEPTEMBER 30,             SEPTEMBER 30,
                                   2000        1999          2000         1999
                                 --------    ---------     -------     ---------

Net realized and Unrealized
  losses                      $  (132.80)   $  (23.57)  $  (198.19)   $   (4.22)
Interest income                    14.06        12.57        40.71        36.13
Expenses                           (6.91)      (12.96)      (28.46)      (40.32)
                                 ---------    ---------    ---------    --------

Decrease for period              (125.65)      (23.96)     (185.94)       (8.41)

Net Asset Value per Unit,
 beginning of period            1,242.80     1,413.30     1,303.09     1,397.75
                               ---------    ---------    ---------    ---------

Net Asset Value per Unit
 end of period               $  1,117.15   $ 1,389.34   $ 1,117.15   $ 1,389.34
                                =========    =========    =========   =========

                                        6
<PAGE>


                   Smith Barney Diversified Futures Fund L.P.
                          Notes to Financial Statements
                               September 30, 2000
                                   (Unaudited)
                                   (Continued)


3.  Trading Activities:

        The  Partnership  was formed for the purpose of trading  contracts  in a
variety of commodity interests,  including derivative financial  instruments and
derivative  commodity  instruments.  The  results of the  Partnership's  trading
activity are shown in the statement of income and expenses.

          The  Customer  Agreement  between  the  Partnership  and SSB gives the
Partnership the legal right to net unrealized gains and losses.

        All of the commodity  interests  owned by the  Partnership  are held for
trading purposes.  The average fair value during the periods ended September 30,
2000 and December 31, 1999, based on a monthly  calculation,  was $3,489,037 and
$6,571,306, respectively. The fair value of these commodity interests, including
options thereon, if applicable, at September 30, 2000 and December 31, 1999, was
$(1,308,478) and $5,811,975, respectively, as detailed below.


                                   Fair Value
                           September 30,     December 31,
                               2000            1999
                           -------------    ----------------

Currency:
- Exchange Traded         $    41,285    $   423,503
- OTC Contracts              (381,529)       196,398
Energy                       (966,563)     1,095,761
Grains                         72,410         64,492
Interest Rates U.S.            74,788      1,352,098
Interest Rates Non-U.S       (319,263)       220,653
Livestock                      13,880        (19,700)
Metals                         73,688        941,009
Softs                         (36,877)       493,230
Indices                       119,703      1,044,531
                            -----------    -----------
Total                     $(1,308,478)   $ 5,811,975
                           ===========    ===========

4.       Financial Instrument Risk:

         The  Partnership  is party to financial  instruments  with  off-balance
sheet risk, including derivative financial  instruments and derivative commodity
instruments, in the normal course of its


                                          7
<PAGE>


                   Smith Barney Diversified Futures Fund L.P.
                          Notes to Financial Statements
                               September 30, 2000
                                   (Unaudited)
                                   (Continued)

business. These financial instruments may include forwards, futures and options,
whose value is based upon an underlying  asset,  index,  or reference  rate, and
generally  represent future commitments to exchange currencies or cash flows, to
purchase or sell other  financial  instruments  at specific  terms at  specified
future dates,  or, in the case of derivative  commodity  instruments,  to have a
reasonable  possibility to be settled in cash, through physical delivery or with
another financial instrument.  These instruments may be traded on an exchange or
over-the-counter  ("OTC").  Exchange  traded  instruments are  standardized  and
include  futures and certain  option  contracts.  OTC contracts  are  negotiated
between  contracting  parties and include forwards and certain options.  Each of
these  instruments  is subject to various  risks similar to those related to the
underlying financial  instruments  including market and credit risk. In general,
the risks  associated with OTC contracts are greater than those  associated with
exchange  traded  instruments  because  of the  greater  risk of  default by the
counterparty to an OTC contract.

     Market  risk is the  potential  for  changes in the value of the  financial
instruments traded by the Partnership due to market changes,  including interest
and foreign  exchange rate movements and  fluctuations  in commodity or security
prices.  Market risk is directly impacted by the volatility and liquidity in the
markets in which the related underlying assets are traded.

     Credit risk is the possibility  that a loss may occur due to the failure of
a counterparty to perform according to the terms of a contract. Credit risk with
respect to exchange traded instruments is reduced to the extent that an exchange
or  clearing  organization  acts  as a  counterparty  to the  transactions.  The
Partnership's  risk of loss in the event of  counterparty  default is  typically
limited to the amounts  recognized in the  statement of financial  condition and
not  represented  by the contract or notional  amounts of the  instruments.  The
Partnership has concentration  risk because the sole counterparty or broker with
respect to the Partnership's assets is SSB.

     The General Partner monitors and controls the  Partnership's  risk exposure
on a daily  basis  through  financial,  credit  and risk  management  monitoring
systems and accordingly believes that it has effective procedures for evaluating
and limiting the credit and market  risks to which the  Partnership  is subject.
These  monitoring  systems allow the General  Partner to  statistically  analyze

                                        8
<PAGE>


                   Smith Barney Diversified Futures Fund L.P.
                          Notes to Financial Statements
                               September 30, 2000
                                   (Unaudited)
                                   (Continued)

actual trading results with risk adjusted performance indicators and correlation
statistics. In addition,  on-line monitoring systems provide account analysis of
futures, forwards and options positions by sector, margin requirements, gain and
loss transactions and collateral positions.

         The notional or  contractual  amounts of these  instruments,  while not
recorded in the financial  statements,  reflect the extent of the  Partnership's
involvement  in these  instruments.  The  majority of these  instruments  mature
within  one year of  September  30,  2000.  However,  due to the  nature  of the
Partnership's business, these instruments may not be held to maturity.


                              9
<PAGE>


Item 2.  Management's Discussion and Analysis of Financial Condition and Results
         of Operations.

Liquidity and Capital Resources

         The Partnership  does not engage in the sale of goods or services.  Its
only assets are its equity in its commodity futures trading account,  consisting
of cash, net unrealized appreciation  (depreciation) on open futures and forward
contracts,  commodity options and interest receivable. Because of the low margin
deposits normally required in commodity futures trading,  relatively small price
movements may result in substantial losses to the Partnership. While substantial
losses could lead to a decrease in liquidity, no such losses occurred during the
third quarter of 2000.

         The Partnership's  capital consists of the capital contributions of the
partners as  increased  or  decreased  by gains or losses on  commodity  futures
trading,  expenses,  interest  income,  additions and  redemptions  of Units and
distributions of profits, if any.

         For the nine months  ended  September  30,  2000,  Partnership  capital
decreased 31.4% from $117,508,532 to $80,645,250. This decrease was attributable
to the redemption of 18,029.3153  Units  totaling  $22,593,093  coupled with net
loss from  operations of  $14,321,533  which was partially  offset by additional
sales of 40.3731 Units totaling  $51,344.  Additional Units offered  represent a
reduced brokerage fee to existing limited partners investing $1,000,000 or more.
Future  redemptions  can impact the amount of funds available for investments in
commodity contract positions in subsequent periods.

Results of Operations

         During the Partnership's third quarter of 2000, the net asset value per
unit  decreased  10.1% from  $1,242.80 to $1,117.15 as compared to a decrease of
1.7% in the third of 1999. The Partnership experienced a net trading loss before
brokerage  commissions  and  related  fees  in the  third  quarter  of  2000  of
$8,686,134.  Losses were  primarily  attributable  to the  trading of  commodity
contracts in currencies,  U.S. and non-U.S. interest rates, livestock, softs and
indices and were  partially  offset by gains in energy,  grains and metals.  The
Partnership  experienced a net trading loss before  commissions and related fees
in the third quarter of 1999 of $239,129.  Losses were primarily attributable to
the trading of commodity contracts in grains, livestock,  indices, U.S. and non-
U.S.  interest rates,  metals and were partially  offset by gains in currencies,
softs and energy.

         Commodity futures markets are highly volatile. Broad price fluctuations
and rapid inflation increase the risks involved in commodity  trading,  but also
increase the possibility of profit. The profitability of the Partnership depends


                                        10
<PAGE>

on the  existence  of major  price  trends and the  ability of the  Advisors  to
identify  correctly  those price trends.  Price trends are  influenced by, among
other things, changing supply and demand relationships,  weather,  governmental,
agricultural,   commercial  and  trade  programs  and  policies,   national  and
international  political and economic  events and changes in interest  rates. To
the extent that market trends exist and the Advisors are able to identify  them,
the Partnership expects to increase capital through operations.

         Interest income on 80% of the Partnership's  daily equity maintained in
cash was earned on the monthly average 30-day U.S. Treasury bill rate determined
weekly by SSB based on the  non-competitive  yield on three month U.S.  Treasury
bills maturing in 30 days from the date in which such weekly rate is determined.
Interest income for the three and nine months ended September 30, 2000 decreased
by $137,061 and $258,110, respectively, as compared to the corresponding periods
in 1999.  The  decrease in  interest  income is  primarily  due to the effect of
redemptions on the Partnership's equity maintained in cash during the nine month
period ended September 30, 2000.

         Brokerage  commissions  are calculated on the  Partnership's  net asset
value as of the last day of each month and, therefore, vary according to trading
performance and redemptions.  Accordingly,  they must be compared in relation to
the fluctuations in monthly net asset values. Commissions and fees for the three
and nine months ended  September 30, 2000 decreased by $681,848 and  $1,609,474,
respectively, as compared to the corresponding periods in 1999.

         Management fees are calculated on the portion of the  Partnership's net
asset value  allocated to each  Advisor at the end of the month and,  therefore,
are affected by trading  performance  and  redemptions.  Management fees for the
three and nine months  ended  September  30,  2000  decreased  by  $575,379  and
$884,598, respectively, as compared to the corresponding periods in 1999.

         Incentive fees are based on the new trading  profits  generated by each
Advisor at the end of the quarter, as defined in the advisory agreements between
the Partnership,  the General Partner and each Advisor.  There were no incentive
fees earned for the three and nine months  ending  September  30, 2000.  Trading
performance  for the three and nine months ended  September 30, 1999 resulted in
incentive fees of $105,488 and $668,443, respectively.

                                   11
<PAGE>


Item 3.  Quantitative and Qualitative Disclosures of Market Risk

         The Partnership is a speculative  commodity pool. The market  sensitive
instruments held by it are acquired for speculative trading purposes, and all or
substantially all of the Partnership's assets are subject to the risk of trading
loss. Unlike an operating company,  the risk of market sensitive  instruments is
integral, not incidental, to the Partnership's main line of business.

         Market movements result in frequent changes in the fair market value of
the  Partnership's  open positions and,  consequently,  in its earnings and cash
flow. The Partnership's  market risk is influenced by a wide variety of factors,
including the level and volatility of interest  rates,  exchange  rates,  equity
price  levels,  the market value of financial  instruments  and  contracts,  the
diversification effects among the Partnership's open positions and the liquidity
of the markets in which it trades.

         The  Partnership  rapidly  acquires and liquidates  both long and short
positions in a wide range of different markets. Consequently, it is not possible
to predict how a particular future market scenario will affect performance,  and
the Partnership's  past performance is not necessarily  indicative of its future
results.

         Value at Risk is a measure of the maximum amount which the  Partnership
could  reasonably  be expected to lose in a given market  sector.  However,  the
inherent uncertainty of the Partnership's speculative trading and the recurrence
in the markets  traded by the  Partnership  of market  movements  far  exceeding
expectations could result in actual trading or non-trading losses far beyond the
indicated Value at Risk or the Partnership's  experience to date (i.e., "risk of
ruin").  In  light  of the  foregoing  as well as the  risks  and  uncertainties
intrinsic  to all  future  projections,  the  inclusion  of  the  quantification
included in this section should not be considered to constitute any assurance or
representation  that the  Partnership's  losses  in any  market  sector  will be
limited to Value at Risk or by the  Partnership's  attempts to manage its market
risk.

         Exchange   maintenance  margin  requirements  have  been  used  by  the
Partnership as the measure of its Value at Risk. Maintenance margin requirements
are set by exchanges to equal or exceed the maximum losses  reasonably  expected
to be incurred in the fair value of any given contract in 95%-99% of any one-day
intervals.  Maintenance  margin  has been used  rather  than the more  generally
available  initial  margin,  because  initial  margin  includes  a  credit  risk
component, which is not relevant to Value at Risk.

                                   12
<PAGE>


         The following table indicates the trading Value at Risk associated with
the  Partnership's  open positions by market  category as of September 30, 2000.
All open position  trading risk exposures of the Partnership  have been included
in  calculating  the figures set forth  below.  As of September  30,  2000,  the
Partnership's total capitalization was approximately $80,645,250. There has been
no material change in the trading Value at Risk information previously disclosed
in the Form 10-K for the year ended December 31, 1999.

                               September 30, 2000
                                   (Unaudited)

                                                              Year to Date
                                             % of Total        High     Low
Market Sector                Value at Risk   Capitalization    Value at Risk
-------------------------------------------------------------------------------
Currencies:
 - Exchange Traded Contracts   $1,570,649       1.95%    $2,346,347   $  211,754
 - OTC Contracts                1,176,521       1.46%     3,722,194      998,265
Energy                          1,296,400       1.61%     5,401,200      684,400
Grains                             40,100       0.05%     1,183,900       25,650
Interest Rates U.S.               515,500       0.64%     2,104,984      197,900
Interest Rates Non-U.S          1,996,475       2.47%     6,211,403    1,114,191
Livestock                          30,400       0.04%       115,375       11,400
Metals                            460,450       0.57%     1,916,625      204,500
Softs                              98,400       0.12%     1,489,882       43,600
Indices                         1,480,073       1.83%     2,703,115      358,641
                               ----------   ----------
Total                          $8,664,968      10.74%
                               ==========   ==========


                                        12
<PAGE>


                            PART II OTHER INFORMATION

Item 1.  Legal Proceedings -

               For  information  concerning the matter entitled MKP Master Fund,
          LDC et al. v.  Salomon  Smith Barney Inc.,  see the  description  that
          appears in the ninth paragraph  under the caption "Legal  Proceedings"
          of the  Annual  Report  on Form 10-K of the  Partnership  for the year
          ended  December  31,  1999.  In  September   2000,  the  court  denied
          plaintiffs'   motion  to   dismiss   SSB's   counterclaims   based  on
          indemnification and contribution.


Item 2.   Changes in Securities and Use of Proceeds -

               Additional  Units  offered  represent a reduced  brokerage fee to
          existing limited partners who invest  $1,000,000 or more. For the nine
          months  ended  September  30,  2000,  there were  additional  sales of
          40.3731 Units totaling  $51,344.  For the nine months ended  September
          30,  1999,  there  were  additional  sales of 66.1740  Units  totaling
          $91,544.

               Proceeds  from  the  sale of  additional  Units  are  used in the
          trading of commodity interest including futures contracts, options and
          forward contracts.

Item 3.   Defaults Upon Senior Securities - None

Item 4.   Submission of Matters to a Vote of Security Holders -   None

Item 5.   Other Information - None

Item 6.   (a) Exhibits - None

          (b) Reports on Form 8-K - None

                                      13
<PAGE>



                                   SIGNATURES
           Pursuant  to  the  requirements  of  Section  13 or  15  (d)  of  the
Securities  Exchange Act of 1934,  the registrant has duly caused this report to
be signed on its behalf by the undersigned, thereunto duly authorized.

SMITH BARNEY DIVERSIFIED FUTURES FUND L.P.


By:        Smith Barney Futures Management LLC
           (General Partner)


By:        /s/ David J. Vogel, President
           David J. Vogel, President

Date:      11/14/00


Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following  persons on behalf of the  registrant and
in the capacities and on the dates indicated.

By:        Smith Barney Futures Management LLC
           (General Partner)


By:        /s/ David J. Vogel, President
           David J. Vogel, President


Date:      11/14/00


By:       /s/ Daniel A. Dantuono
          Daniel A. Dantuono
          Chief Financial Officer and
          Director

Date: 11/14/00
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