[ARTICLE] 6
[CIK] 0000919557
[NAME] SMITH BARNEY/TRAVELERS SERIES FUND INC.
[SERIES]
   [NUMBER] 7
   [NAME] PUTNAM DIVERSIFIED INCOME PORTFOLIO
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          OCT-31-1996
[PERIOD-END]                               OCT-31-1996
[INVESTMENTS-AT-COST]                       78,734,235
[INVESTMENTS-AT-VALUE]                      79,882,976
[RECEIVABLES]                               85,628,212
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              85,628,212
[PAYABLE-FOR-SECURITIES]                     4,013,342
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      538,876
[TOTAL-LIABILITIES]                          4,552,218
[SENIOR-EQUITY]                                     68
[PAID-IN-CAPITAL-COMMON]                    75,293,320
[SHARES-COMMON-STOCK]                                0
[SHARES-COMMON-PRIOR]                                0
[ACCUMULATED-NII-CURRENT]                    4,128,520
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                        717,642
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                       936,444
[NET-ASSETS]                                81,075,994
[DIVIDEND-INCOME]                               46,727
[INTEREST-INCOME]                            4,852,479
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 549,672
[NET-INVESTMENT-INCOME]                      4,349,534
[REALIZED-GAINS-CURRENT]                       620,131
[APPREC-INCREASE-CURRENT]                      464,183
[NET-CHANGE-FROM-OPS]                        5,433,848
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    1,338,472
[DISTRIBUTIONS-OF-GAINS]                       505,992
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      3,899,802
[NUMBER-OF-SHARES-REDEEMED]                     51,742
[SHARES-REINVESTED]                            163,406
[NET-CHANGE-IN-ASSETS]                      49,562,265
[ACCUMULATED-NII-PRIOR]                      1,228,004
[ACCUMULATED-GAINS-PRIOR]                      473,641
[OVERDISTRIB-NII-PRIOR]                      1,271,270
[OVERDIST-NET-GAINS-PRIOR]                     449,691
[GROSS-ADVISORY-FEES]                          428,803
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                549,672
[AVERAGE-NET-ASSETS]                        51,448,892
[PER-SHARE-NAV-BEGIN]                            11.46
[PER-SHARE-NII]                                  00.77
[PER-SHARE-GAIN-APPREC]                          00.28
[PER-SHARE-DIVIDEND]                             00.39
[PER-SHARE-DISTRIBUTIONS]                        00.13
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              11.99
[EXPENSE-RATIO]                                  00.96
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>