[ARTICLE] 6
[CIK] 0000787514
[NAME] SMITH BARNEY EQUITY FUNDS
[SERIES]
   [NUMBER] 1
   [NAME] CONCERT SOCIAL AWARENESS FUND, CLASS B
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          JAN-31-1998
[PERIOD-END]                               JUL-31-1997
[INVESTMENTS-AT-COST]                      288,622,979
[INVESTMENTS-AT-VALUE]                     381,664,603
[RECEIVABLES]                               12,528,547
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             394,193,150
[PAYABLE-FOR-SECURITIES]                     6,260,856
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      342,610
[TOTAL-LIABILITIES]                          6,603,466
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   265,064,425
[SHARES-COMMON-STOCK]                        8,356,226
[SHARES-COMMON-PRIOR]                       10,433,620
[ACCUMULATED-NII-CURRENT]                      699,147
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                     28,784,488
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    93,041,624
[NET-ASSETS]                               387,589,684
[DIVIDEND-INCOME]                            1,549,403
[INTEREST-INCOME]                            5,595,090
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               2,881,726
[NET-INVESTMENT-INCOME]                      4,262,767
[REALIZED-GAINS-CURRENT]                    19,056,453
[APPREC-INCREASE-CURRENT]                   28,560,863
[NET-CHANGE-FROM-OPS]                       51,880,083
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    1,958,884
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                        682,021
[NUMBER-OF-SHARES-REDEEMED]                  2,851,738
[SHARES-REINVESTED]                             92,323
[NET-CHANGE-IN-ASSETS]                       2,778,033
[ACCUMULATED-NII-PRIOR]                      1,049,534
[ACCUMULATED-GAINS-PRIOR]                    9,728,035
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          999,977
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              2,881,726
[AVERAGE-NET-ASSETS]                       182,613,721
[PER-SHARE-NAV-BEGIN]                            19.42
[PER-SHARE-NII]                                  00.21
[PER-SHARE-GAIN-APPREC]                          02.66
[PER-SHARE-DIVIDEND]                             00.22
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              22.07
[EXPENSE-RATIO]                                  01.97
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>