<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001000077
<NAME> SMITH BARNEY CONCERT SERIES FUND
<SERIES>
   <NUMBER> 042
   <NAME> HIGH GROWTH PORTFOLIO  - CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                      136,507,297
<INVESTMENTS-AT-VALUE>                     147,182,839
<RECEIVABLES>                                1,412,522
<ASSETS-OTHER>                             147,183,814
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             148,596,336
<PAYABLE-FOR-SECURITIES>                     3,309,182
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       90,345
<TOTAL-LIABILITIES>                          3,399,527
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   155,771,396
<SHARES-COMMON-STOCK>                        6,079,174
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                      100,955
<OVERDISTRIBUTION-NII>                         100,955
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                  (10,675,542)
<NET-ASSETS>                               145,196,809
<DIVIDEND-INCOME>                              380,979
<INTEREST-INCOME>                               62,852
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 342,876
<NET-INVESTMENT-INCOME>                        100,955
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                 (10,675,542)
<NET-CHANGE-FROM-OPS>                       10,574,587
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      6,217,000
<NUMBER-OF-SHARES-REDEEMED>                    138,000
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     145,096,809
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                342,876
<AVERAGE-NET-ASSETS>                        34,068,647
<PER-SHARE-NAV-BEGIN>                            11.40
<PER-SHARE-NII>                                   0.00
<PER-SHARE-GAIN-APPREC>                         (0.50)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.90
<EXPENSE-RATIO>                                   1.35
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>