<TABLE> <S> <C>

<ARTICLE> 6 
<CIK> 0000841489 
<NAME> SMITH BARNEY PRINCIPAL RETURN FUND 
<SERIES> 
   <NUMBER> 2 
   <NAME> ZEROS PLUS EMERGING GROWTH SERIES 1998 
        
<S>                             <C> 
<PERIOD-TYPE>                   YEAR 
<FISCAL-YEAR-END>                          NOV-30-1995 
<PERIOD-END>                               NOV-30-1995 
<INVESTMENTS-AT-COST>                       82,788,164 
<INVESTMENTS-AT-VALUE>                      99,326,664 
<RECEIVABLES>                                  223,801 
<ASSETS-OTHER>                                   4,135 
<OTHER-ITEMS-ASSETS>                                 0 
<TOTAL-ASSETS>                              99,554,601 
<PAYABLE-FOR-SECURITIES>                       714,190 
<SENIOR-LONG-TERM-DEBT>                              0 
<OTHER-ITEMS-LIABILITIES>                      192,844 
<TOTAL-LIABILITIES>                            907,034 
<SENIOR-EQUITY>                                      0 
<PAID-IN-CAPITAL-COMMON>                    79,411,894 
<SHARES-COMMON-STOCK>                          671,900 
<SHARES-COMMON-PRIOR>                                0 
<ACCUMULATED-NII-CURRENT>                    4,572,313 
<OVERDISTRIBUTION-NII>                               0 
<ACCUMULATED-NET-GAINS>                     11,390,084 
<OVERDISTRIBUTION-GAINS>                             0 
<ACCUM-APPREC-OR-DEPREC>                    13,538,500 
<NET-ASSETS>                                98,647,566 
<DIVIDEND-INCOME>                              819,710 
<INTEREST-INCOME>                              132,392 
<OTHER-INCOME>                               4,666,512 
<EXPENSES-NET>                               1,046,300 
<NET-INVESTMENT-INCOME>                      4,572,313 
<REALIZED-GAINS-CURRENT>                     5,828,985 
<APPREC-INCREASE-CURRENT>                    7,794,151 
<NET-CHANGE-FROM-OPS>                                0 
<EQUALIZATION>                                       0 
<DISTRIBUTIONS-OF-INCOME>                    5,217,995 
<DISTRIBUTIONS-OF-GAINS>                    10,268,770 
<DISTRIBUTIONS-OTHER>                                0 
<NUMBER-OF-SHARES-SOLD>                              0 
<NUMBER-OF-SHARES-REDEEMED>                 20,766,127 
<SHARES-REINVESTED>                         15,181,620 
<NET-CHANGE-IN-ASSETS>                     (2,875,823) 
<ACCUMULATED-NII-PRIOR>                      5,221,540 
<ACCUMULATED-GAINS-PRIOR>                    5,561,099 
<OVERDISTRIB-NII-PRIOR>                              0 
<OVERDIST-NET-GAINS-PRIOR>                           0 
<GROSS-ADVISORY-FEES>                          102,573 
<INTEREST-EXPENSE>                                   0 
<GROSS-EXPENSE>                              1,046,300 
<AVERAGE-NET-ASSETS>                        99,591,551 
<PER-SHARE-NAV-BEGIN>                             7.75 
<PER-SHARE-NII>                                   0.36 
<PER-SHARE-GAIN-APPREC>                           1.03 
<PER-SHARE-DIVIDEND>                            (0.40) 
<PER-SHARE-DISTRIBUTIONS>                       (0.83) 
<RETURNS-OF-CAPITAL>                                 0 
<PER-SHARE-NAV-END>                               7.91 
<EXPENSE-RATIO>                                   1.05 
<AVG-DEBT-OUTSTANDING>                               0 
<AVG-DEBT-PER-SHARE>                                 0 
        


</TABLE>