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

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000355747
<NAME> Smith Barney Hansberger Global Small Cap Value Fund
<SERIES>
   <NUMBER>002
   <NAME>Smith Barney Investment Funds Inc.

<S>                             <C>
<PERIOD-TYPE>                  6-MOS
<FISCAL-YEAR-END>                               Apr-30-2001
<PERIOD-END>                                    Oct-31-2000
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<INVESTMENTS-AT-VALUE>                            8,522,455
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<SHARES-COMMON-STOCK>                               251,234
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<ACCUMULATED-NII-CURRENT>                           (87,106)
<OVERDISTRIBUTION-NII>                                    0
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<EQUALIZATION>                                            0
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<EXPENSE-RATIO>                                        2.68



</TABLE>