<PAGE>      PAGE  1
000 A000000 01/31/98
000 C000000 748826
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 SMITH BARNEY MANAGED GOVERNMENTS FUND INC.
001 B000000 811-4061
001 C000000 2128166550
002 A000000 388 GREENWICH STREET
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10013
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 N
007 B000000  0
007 C010100  1
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A000001 SMITH BARNEY
008 B000001 A
008 C000001 801-3389
008 D010001 NEW YORK
008 D020001 NY
008 D030001 10013
010 A000001 SMITH BARNEY
010 B000001 801-14437
010 C010001 NEW YORK
010 C020001 NY
010 C030001 10013
011 A000001 SMITH BARNEY
011 B000001 8-81777
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10013
012 A000001 FIRST DATA INVESTOR SERVICES GROUP
012 B000001 84-0000000
012 C010001 BOSTON
<PAGE>      PAGE  2
012 C020001 MA
012 C030001 02104
013 A000001 KPMG PEAT MARWICK LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10154
015 A000001 PNC BANK
015 B000001 C
015 C010001 PHILADELPHIA
015 C020001 PA
015 C030001 19103
015 E010001 X
018  000000 Y
019 A000000 Y
019 B000000  127
019 C000000 BARNEY0000
020 C000001      0
020 C000002      0
020 C000003      0
020 C000004      0
020 C000005      0
020 C000006      0
020 C000007      0
020 C000008      0
020 C000009      0
020 C000010      0
021  000000        0
022 A000001 DONALDSON, LUFKIN JENRETTE
022 B000001 13-2741729
022 C000001     96907
022 D000001    133460
022 A000002 GREENWICH CAPITAL
022 B000002 N/A
022 C000002     86072
022 D000002     78215
022 A000003 MORGAN STANLEY
022 B000003 13-2655998
022 C000003    113238
022 D000003    173702
022 A000004 PAINE WEBBER
022 B000004 13-2638166
022 C000004    411901
022 D000004    445547
022 A000005 UBS SECURITIES
022 B000005 13-2932996
022 C000005    149153
022 D000005    175979
022 C000006         0
022 D000006         0
022 C000007         0
022 D000007         0
<PAGE>      PAGE  3
022 C000008         0
022 D000008         0
022 C000009         0
022 D000009         0
022 C000010         0
022 D000010         0
023 C000000     857271
023 D000000    1006903
024  000000 N
025 D000001       0
025 D000002       0
025 D000003       0
025 D000004       0
025 D000005       0
025 D000006       0
025 D000007       0
025 D000008       0
027  000000 Y
028 A010000     18089
028 A020000      5073
028 A030000         0
028 A040000     25963
028 B010000      4651
028 B020000      8639
028 B030000         0
028 B040000     18445
028 C010000     20196
028 C020000      9452
028 C030000         0
028 C040000     55913
028 D010000     15525
028 D020000      4229
028 D030000         0
028 D040000     22336
028 E010000     11002
028 E020000      7123
028 E030000         0
028 E040000     25750
028 F010000     11927
028 F020000      4396
028 F030000         0
028 F040000     18517
028 G010000     81390
028 G020000     38912
028 G030000         0
028 G040000    166924
028 H000000         0
029  000000 Y
030 A000000     78
030 B000000  4.50
030 C000000  0.00
<PAGE>      PAGE  4
031 A000000     78
031 B000000      0
032  000000      0
033  000000      0
034  000000 Y
035  000000    112
036 A000000 Y
036 B000000      0
037  000000 N
038  000000      0
039  000000 N
040  000000 Y
041  000000 Y
042 A000000   0
042 B000000   0
042 C000000   0
042 D000000   0
042 E000000   0
042 F000000   0
042 G000000   0
042 H000000   0
043  000000    842
044  000000      0
045  000000 Y
046  000000 N
047  000000 Y
048  000000  0.450
048 A010000        0
048 A020000 0.000
048 B010000        0
048 B020000 0.000
048 C010000        0
048 C020000 0.000
048 D010000        0
048 D020000 0.000
048 E010000        0
048 E020000 0.000
048 F010000        0
048 F020000 0.000
048 G010000        0
048 G020000 0.000
048 H010000        0
048 H020000 0.000
048 I010000        0
048 I020000 0.000
048 J010000        0
048 J020000 0.000
048 K010000        0
048 K020000 0.000
062 A000000 Y
062 B000000   0.0
<PAGE>      PAGE  5
062 C000000   0.0
062 D000000   0.0
062 E000000   0.0
062 F000000   0.0
062 G000000   0.0
062 H000000   0.0
062 I000000   0.0
062 J000000   0.0
062 K000000   0.0
062 L000000   0.0
062 M000000  63.5
062 N000000  36.5
062 O000000   0.0
062 P000000   0.0
062 Q000000   0.0
062 R000000   0.0
063 A000000   0
063 B000000 12.7
064 A000000 N
066 A000000 N
067  000000 N
068 A000000 N
068 B000000 N
069  000000 N
070 A010000 Y
070 A020000 Y
070 B010000 N
070 B020000 N
070 C010000 Y
070 C020000 Y
070 D010000 N
070 D020000 N
070 E010000 Y
070 E020000 Y
070 F010000 N
070 F020000 N
070 G010000 Y
070 G020000 Y
070 H010000 N
070 H020000 N
070 I010000 Y
070 I020000 Y
070 J010000 N
070 J020000 N
070 K010000 N
070 K020000 N
070 L010000 N
070 L020000 N
070 M010000 N
070 M020000 N
070 N010000 Y
<PAGE>      PAGE  6
070 N020000 Y
070 O010000 N
070 O020000 N
070 P010000 N
070 P020000 N
070 Q010000 N
070 Q020000 N
070 R010000 N
070 R020000 N
071 A000000    911135
071 B000000   1000662
071 C000000    598470
071 D000000  152
072 A000000  6
072 B000000    20417
072 C000000        0
072 D000000        0
072 E000000        0
072 F000000     1279
072 G000000      568
072 H000000        0
072 I000000      181
072 J000000       13
072 K000000        0
072 L000000       53
072 M000000       30
072 N000000       20
072 O000000        0
072 P000000        0
072 Q000000        0
072 R000000       15
072 S000000       37
072 T000000      842
072 U000000        0
072 V000000        0
072 W000000        7
072 X000000     3045
072 Y000000        0
072 Z000000    17372
072AA000000    22809
072BB000000        0
072CC010000        0
072CC020000    20127
072DD010000    12453
072DD020000     2562
072EE000000        0
073 A010000   0.4000
073 A020000   0.3700
073 B000000   0.0000
073 C000000   0.0000
074 A000000       20
<PAGE>      PAGE  7
074 B000000   163720
074 C000000        0
074 D000000   485185
074 E000000        0
074 F000000        0
074 G000000        0
074 H000000        0
074 I000000        2
074 J000000        0
074 K000000        0
074 L000000        0
074 M000000     2024
074 N000000   650949
074 O000000        0
074 P000000        0
074 Q000000        0
074 R010000        0
074 R020000        0
074 R030000        0
074 R040000    98981
074 S000000        0
074 T000000   551968
074 U010000    42767
074 U020000        0
074 V010000    12.91
074 V020000    12.90
074 W000000   0.0000
074 X000000       28
074 Y000000   127501
075 A000000        0
075 B000000   398474
076  000000     0.00
077 A000000 N
078  000000 N
080 A000000 ICI MUTUAL COMPANY
080 B000000 0
080 C000000    78725
081 A000000 Y
081 B000000 132
082 A000000 N
082 B000000        0
083 A000000 N
083 B000000        0
084 A000000 N
084 B000000        0
085 A000000 Y
085 B000000 N
SIGNATURE   THOMAS M. REYNOLDS                           
TITLE       CONTROLLER