[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUNDS, INC.
[SERIES]
   [NUMBER] 3
   [NAME] INCOME RETURN ACCOUNT PORTFOLIO, CLASS Y
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          DEC-05-1997
[PERIOD-END]                               DEC-05-1997
[INVESTMENTS-AT-COST]                                0
[INVESTMENTS-AT-VALUE]                               0
[RECEIVABLES]                                   28,596
[ASSETS-OTHER]                                 950,338
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                                 978,734
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                        2,719
[TOTAL-LIABILITIES]                              2,719
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                     1,740,770
[SHARES-COMMON-STOCK]                            7,922
[SHARES-COMMON-PRIOR]                           67,116
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                           2,530
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                       762,025
[ACCUM-APPREC-OR-DEPREC]                             0
[NET-ASSETS]                                   976,215
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                              291,338
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                  45,267
[NET-INVESTMENT-INCOME]                        246,071
[REALIZED-GAINS-CURRENT]                         3,227
[APPREC-INCREASE-CURRENT]                            0
[NET-CHANGE-FROM-OPS]                          249,298
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                       34,115
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                              0
[NUMBER-OF-SHARES-REDEEMED]                     68,385
[SHARES-REINVESTED]                              1,270
[NET-CHANGE-IN-ASSETS]                        (138,703)
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                          2,577
[OVERDIST-NET-GAINS-PRIOR]                     765,252
[GROSS-ADVISORY-FEES]                           23,931
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                 45,267
[AVERAGE-NET-ASSETS]                               325
[PER-SHARE-NAV-BEGIN]                                0
[PER-SHARE-NII]                                      0
[PER-SHARE-GAIN-APPREC]                              0
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                                  0
[EXPENSE-RATIO]                                      0
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>