[ARTICLE] 6
[CIK] 0000841489
[NAME] SMITH BARNEY PRINCIPAL RETURN FUND
[SERIES]
   [NUMBER] 4
   [NAME] SECURITY AND GROWTH
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          NOV-30-1998
[PERIOD-END]                               MAY-31-1998
[INVESTMENTS-AT-COST]                      174,911,606
[INVESTMENTS-AT-VALUE]                     168,027,493
[RECEIVABLES]                                   18,222
[ASSETS-OTHER]                                  50,112
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             174,390,427
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    8,027,441
[TOTAL-LIABILITIES]                          8,027,441
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   154,377,108
[SHARES-COMMON-STOCK]                       17,764,730
[SHARES-COMMON-PRIOR]                       20,197,849
[ACCUMULATED-NII-CURRENT]                    1,852,800
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                     17,017,191
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                   (6,884,113)
[NET-ASSETS]                               166,362,986
[DIVIDEND-INCOME]                               85,360
[INTEREST-INCOME]                            3,228,421
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 856,172
[NET-INVESTMENT-INCOME]                      2,457,609
[REALIZED-GAINS-CURRENT]                    17,016,303
[APPREC-INCREASE-CURRENT]                 (26,513,334)
[NET-CHANGE-FROM-OPS]                      (7,039,422)
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    5,552,181
[DISTRIBUTIONS-OF-GAINS]                     1,371,883
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                              0
[NUMBER-OF-SHARES-REDEEMED]                  3,010,947
[SHARES-REINVESTED]                            577,828
[NET-CHANGE-IN-ASSETS]                    (37,995,450)
[ACCUMULATED-NII-PRIOR]                      4,947,372
[ACCUMULATED-GAINS-PRIOR]                    1,372,771
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          702,326
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                856,172
[AVERAGE-NET-ASSETS]                       223,723,465
[PER-SHARE-NAV-BEGIN]                            10.12
[PER-SHARE-NII]                                  00.14
[PER-SHARE-GAIN-APPREC]                         (0.54)
[PER-SHARE-DIVIDEND]                             00.28
[PER-SHARE-DISTRIBUTIONS]                        00.08
[RETURNS-OF-CAPITAL]                             00.00
[PER-SHARE-NAV-END]                              09.36
[EXPENSE-RATIO]                                  00.91
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>