<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000919557
<NAME> SMITH BARNEY/TRAVELERS SERIES FUND INC.
<SERIES>
   <NUMBER> 7
   <NAME> PUTNAM DIVERSIFIED INCOME PORTFOLIO
       
<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>