WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001000077
<NAME> INCOME PORTFOLIO
<SERIES>
   <NUMBER> 2
   <NAME> SMITH BARNEY CONCERT ALLOCATION SERIES, INC.

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JAN-31-2000
<PERIOD-END>                               JAN-31-2000
<INVESTMENTS-AT-COST>                       69,695,727
<INVESTMENTS-AT-VALUE>                      64,349,816
<RECEIVABLES>                                  128,705
<ASSETS-OTHER>                                  86,797
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              64,565,318
<PAYABLE-FOR-SECURITIES>                       411,230
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       43,518
<TOTAL-LIABILITIES>                            454,748
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    69,445,918
<SHARES-COMMON-STOCK>                        2,657,312
<SHARES-COMMON-PRIOR>                        2,999,001
<ACCUMULATED-NII-CURRENT>                       43,298
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       (32,735)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (5,345,911)
<NET-ASSETS>                                64,110,570
<DIVIDEND-INCOME>                            4,498,632
<INTEREST-INCOME>                                8,807
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 605,393
<NET-INVESTMENT-INCOME>                      3,902,046
<REALIZED-GAINS-CURRENT>                       168,875
<APPREC-INCREASE-CURRENT>                  (4,971,682)
<NET-CHANGE-FROM-OPS>                        (900,761)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    1,647,446
<DISTRIBUTIONS-OF-GAINS>                       304,470
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        624,103
<NUMBER-OF-SHARES-REDEEMED>                  1,122,358
<SHARES-REINVESTED>                            156,566
<NET-CHANGE-IN-ASSETS>                    (10,721,714)
<ACCUMULATED-NII-PRIOR>                       (32,960)
<ACCUMULATED-GAINS-PRIOR>                      476,460
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                605,393
<AVERAGE-NET-ASSETS>                        31,918,092
<PER-SHARE-NAV-BEGIN>                            11.50
<PER-SHARE-NII>                                   0.59
<PER-SHARE-GAIN-APPREC>                         (0.75)
<PER-SHARE-DIVIDEND>                              0.58
<PER-SHARE-DISTRIBUTIONS>                         0.11
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.65
<EXPENSE-RATIO>                                   1.10


</TABLE>