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

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000355747
<NAME> Smith Barney Premier Selections Global Growth Fund
<SERIES>
   <NUMBER>005
   <NAME>Smith Barney Investment Funds Inc.

<S>                             <C>
<PERIOD-TYPE>                  6-MOS
<FISCAL-YEAR-END>                               Apr-30-2001
<PERIOD-END>                                    Oct-31-2000
<INVESTMENTS-AT-COST>                           251,594,313
<INVESTMENTS-AT-VALUE>                          247,848,034
<RECEIVABLES>                                       339,397
<ASSETS-OTHER>                                    1,350,381
<OTHER-ITEMS-ASSETS>                                      0
<TOTAL-ASSETS>                                  249,537,812
<PAYABLE-FOR-SECURITIES>                                  0
<SENIOR-LONG-TERM-DEBT>                                   0
<OTHER-ITEMS-LIABILITIES>                           391,606
<TOTAL-LIABILITIES>                                 391,606
<SENIOR-EQUITY>                                           0
<PAID-IN-CAPITAL-COMMON>                        256,103,812
<SHARES-COMMON-STOCK>                             2,446,322
<SHARES-COMMON-PRIOR>                                     0
<ACCUMULATED-NII-CURRENT>                          (998,211)
<OVERDISTRIBUTION-NII>                                    0
<ACCUMULATED-NET-GAINS>                          (2,212,646)
<OVERDISTRIBUTION-GAINS>                                  0
<ACCUM-APPREC-OR-DEPREC>                         (3,746,749)
<NET-ASSETS>                                    249,146,206
<DIVIDEND-INCOME>                                   137,886
<INTEREST-INCOME>                                   528,768
<OTHER-INCOME>                                            0
<EXPENSES-NET>                                    1,664,865
<NET-INVESTMENT-INCOME>                            (998,211)
<REALIZED-GAINS-CURRENT>                         (2,212,646)
<APPREC-INCREASE-CURRENT>                        (3,746,749)
<NET-CHANGE-FROM-OPS>                            (6,957,606)
<EQUALIZATION>                                            0
<DISTRIBUTIONS-OF-INCOME>                                 0
<DISTRIBUTIONS-OF-GAINS>                                  0
<DISTRIBUTIONS-OTHER>                                     0
<NUMBER-OF-SHARES-SOLD>                           2,488,830
<NUMBER-OF-SHARES-REDEEMED>                          42,508
<SHARES-REINVESTED>                                       0
<NET-CHANGE-IN-ASSETS>                          249,146,206
<ACCUMULATED-NII-PRIOR>                                   0
<ACCUMULATED-GAINS-PRIOR>                                 0
<OVERDISTRIB-NII-PRIOR>                                   0
<OVERDIST-NET-GAINS-PRIOR>                                0
<GROSS-ADVISORY-FEES>                               669,307
<INTEREST-EXPENSE>                                        0
<GROSS-EXPENSE>                                   1,664,865
<AVERAGE-NET-ASSETS>                             25,014,239
<PER-SHARE-NAV-BEGIN>                                11.400
<PER-SHARE-NII>                                      (0.050)
<PER-SHARE-GAIN-APPREC>                              (0.230)
<PER-SHARE-DIVIDEND>                                  0.000
<PER-SHARE-DISTRIBUTIONS>                             0.000
<RETURNS-OF-CAPITAL>                                  0.000
<PER-SHARE-NAV-END>                                  11.120
<EXPENSE-RATIO>                                        2.05



</TABLE>