[ARTICLE] 6
[CIK] 0000919557
[NAME] SMITH BARNEY/TRAVELERS SERIES FUND INC.
[SERIES]
   [NUMBER] 7
   [NAME] PUTNAM DIVERSIFIED INCOME PORTFOLIO
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          OCT-31-1997
[PERIOD-END]                               APR-30-1997
[INVESTMENTS-AT-COST]                      102,307,964
[INVESTMENTS-AT-VALUE]                     100,912,884
[RECEIVABLES]                                4,516,685
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             105,429,574
[PAYABLE-FOR-SECURITIES]                     5,657,214
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      607,095
[TOTAL-LIABILITIES]                          6,264,309
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    97,167,456
[SHARES-COMMON-STOCK]                        8,630,489
[SHARES-COMMON-PRIOR]                        6,760,751
[ACCUMULATED-NII-CURRENT]                    3,032,220
[OVERDISTRIBUTION-NII]                       2,680,613
[ACCUMULATED-NET-GAINS]                        957,333
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                   (1,640,137)
[NET-ASSETS]                                99,165,265
[DIVIDEND-INCOME]                               46,610
[INTEREST-INCOME]                            3,390,954
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 405,244
[NET-INVESTMENT-INCOME]                      3,032,220
[REALIZED-GAINS-CURRENT]                       433,564
[APPREC-INCREASE-CURRENT]                  (2,576,581)
[NET-CHANGE-FROM-OPS]                          889,203
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    4,026,830
[DISTRIBUTIONS-OF-GAINS]                       647,170
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      1,527,070
[NUMBER-OF-SHARES-REDEEMED]                     61,308
[SHARES-REINVESTED]                            403,976
[NET-CHANGE-IN-ASSETS]                      18,089,271
[ACCUMULATED-NII-PRIOR]                      4,349,534
[ACCUMULATED-GAINS-PRIOR]                      620,131
[OVERDISTRIB-NII-PRIOR]                      4,128,520
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          337,607
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                405,344
[AVERAGE-NET-ASSETS]                        90,974,034
[PER-SHARE-NAV-BEGIN]                            11.99
[PER-SHARE-NII]                                  00.26
[PER-SHARE-GAIN-APPREC]                         (0.11)
[PER-SHARE-DIVIDEND]                             00.56
[PER-SHARE-DISTRIBUTIONS]                        00.09
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              11.49
[EXPENSE-RATIO]                                  00.90
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>