[ARTICLE] 6
[CIK] 0000841489
[NAME] SMITH BARNEY PRINCIPAL RETURN FUND
[SERIES]
   [NUMBER] 1
   [NAME] SB ZERO AND PLUS EMERGING GROWTH SERIES 2000
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          NOV-30-1997
[PERIOD-END]                               NOV-30-1997
[INVESTMENTS-AT-COST]                       45,749,078
[INVESTMENTS-AT-VALUE]                      58,827,923
[RECEIVABLES]                                  568,209
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              59,396,132
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      558,371
[TOTAL-LIABILITIES]                            558,371
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    43,661,721
[SHARES-COMMON-STOCK]                        6,957,549
[SHARES-COMMON-PRIOR]                        7,579,650
[ACCUMULATED-NII-CURRENT]                    1,930,992
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                        166,203
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    13,078,845
[NET-ASSETS]                                58,837,761
[DIVIDEND-INCOME]                                9,000
[INTEREST-INCOME]                            2,629,530
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 661,130
[NET-INVESTMENT-INCOME]                      1,977,400
[REALIZED-GAINS-CURRENT]                     7,309,576
[APPREC-INCREASE-CURRENT]                  (2,098,279)
[NET-CHANGE-FROM-OPS]                        7,188,697
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                     7,551,121
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                              0
[NUMBER-OF-SHARES-REDEEMED]                  1,476,738
[SHARES-REINVESTED]                            854,637
[NET-CHANGE-IN-ASSETS]                     (6,594,316)
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                      407,748
[OVERDISTRIB-NII-PRIOR]                       (46,408)
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          249,071
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                661,130
[AVERAGE-NET-ASSETS]                        62,769,928
[PER-SHARE-NAV-BEGIN]                             8.63
[PER-SHARE-NII]                                   0.28
[PER-SHARE-GAIN-APPREC]                           0.78
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                         1.23
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                               8.46
[EXPENSE-RATIO]                                   1.05
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>