<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000091157
<NAME> SMITH BARNEY FUND, INC.
<SERIES>
   <NUMBER> 3
   <NAME> INCOME RETURN ACCOUNT CLASS Z
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-END>                               JUN-30-1996
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<OTHER-ITEMS-ASSETS>                                 0
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<PAYABLE-FOR-SECURITIES>                             0
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<SHARES-COMMON-STOCK>                            5,508
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
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<NET-CHANGE-IN-ASSETS>                     (1,129,281)
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<PER-SHARE-GAIN-APPREC>                          (.07)
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<EXPENSE-RATIO>                                   1.24
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>