<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001000077
<NAME> SMITH BARNEY CONCERT SERIES FUND
<SERIES>
   <NUMBER>032
   <NAME> GROWTH PORTFOLIO - CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1996
<PERIOD-END>                               MAY-31-1996
<INVESTMENTS-AT-COST>                      197,766,345
<INVESTMENTS-AT-VALUE>                     188,999,530
<RECEIVABLES>                                1,621,593
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                               165
<TOTAL-ASSETS>                             190,621,288
<PAYABLE-FOR-SECURITIES>                     3,204,566
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      164,860
<TOTAL-LIABILITIES>                          3,369,426
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   102,753,832
<SHARES-COMMON-STOCK>                        8,896,216
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                    1,269,152
<OVERDISTRIBUTION-NII>                       (809,340)
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (8,766,815)
<NET-ASSETS>                               187,251,862
<DIVIDEND-INCOME>                            1,199,583
<INTEREST-INCOME>                               69,569
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 459,812
<NET-INVESTMENT-INCOME>                        809,340
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                  (8,766,815)
<NET-CHANGE-FROM-OPS>                      (7,957,475)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      9,050,431
<NUMBER-OF-SHARES-REDEEMED>                    154,215
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     187,251,862
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          149,140
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                459,812
<AVERAGE-NET-ASSETS>                        32,268,371
<PER-SHARE-NAV-BEGIN>                            11.40
<PER-SHARE-NII>                                   0.08
<PER-SHARE-GAIN-APPREC>                         (0.41)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.07
<EXPENSE-RATIO>                                   1.35
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>