WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001000077
<NAME> SMITH BARNEY CONCERT SERIES
<SERIES>
   <NUMBER>053
   <NAME> INCOME PORTFOLIO - CLASS C
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1996
<PERIOD-END>                               JUL-31-1996
<INVESTMENTS-AT-COST>                       21,295,870
<INVESTMENTS-AT-VALUE>                      21,056,028
<RECEIVABLES>                                  181,438
<ASSETS-OTHER>                                     223
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              21,237,689
<PAYABLE-FOR-SECURITIES>                       611,397
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                        9,305
<TOTAL-LIABILITIES>                            620,702
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    20,850,478
<SHARES-COMMON-STOCK>                          131,250
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                      302,184
<OVERDISTRIBUTION-NII>                           6,351
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (239,842)
<NET-ASSETS>                                20,616,987
<DIVIDEND-INCOME>                              334,643
<INTEREST-INCOME>                                7,038
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  39,497
<NET-INVESTMENT-INCOME>                        302,184
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                    (239,842)
<NET-CHANGE-FROM-OPS>                           62,342
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       18,849
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        130,197
<NUMBER-OF-SHARES-REDEEMED>                      1,200
<SHARES-REINVESTED>                                148
<NET-CHANGE-IN-ASSETS>                      20,616,987
<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>                                 39,497
<AVERAGE-NET-ASSETS>                           591,724
<PER-SHARE-NAV-BEGIN>                            11.46
<PER-SHARE-NII>                                   0.27
<PER-SHARE-GAIN-APPREC>                         (0.38)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                         0.26
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.09
<EXPENSE-RATIO>                                   1.03
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>