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

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000764624
<NAME> SMITH BARNEY INCOME FUNDS
<SERIES>
   <NUMBER> 9
   <NAME> UTILITIES FUND, CLASS Y
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JUL-31-1998
<PERIOD-END>                               JAN-31-1998
<INVESTMENTS-AT-COST>                      917,300,703
<INVESTMENTS-AT-VALUE>                   1,118,431,425
<RECEIVABLES>                               18,682,208
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                        20,859,561
<TOTAL-ASSETS>                           1,157,973,194
<PAYABLE-FOR-SECURITIES>                     8,985,680
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   26,294,512
<TOTAL-LIABILITIES>                         35,280,192
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   889,170,833
<SHARES-COMMON-STOCK>                               88
<SHARES-COMMON-PRIOR>                        1,585,529
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       3,105,877
<ACCUMULATED-NET-GAINS>                     35,497,324
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   201,130,722
<NET-ASSETS>                             1,122,693,002
<DIVIDEND-INCOME>                           15,737,282
<INTEREST-INCOME>                           17,106,377
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               8,160,497
<NET-INVESTMENT-INCOME>                     24,683,162
<REALIZED-GAINS-CURRENT>                    52,395,181
<APPREC-INCREASE-CURRENT>                   42,337,835
<NET-CHANGE-FROM-OPS>                      119,416,178
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      250,852
<DISTRIBUTIONS-OF-GAINS>                        70,000
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        129,563
<NUMBER-OF-SHARES-REDEEMED>                  1,715,009
<SHARES-REINVESTED>                                  5
<NET-CHANGE-IN-ASSETS>                   (124,728,439)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                   24,563,550
<OVERDISTRIB-NII-PRIOR>                          3,238
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        2,614,565
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              8,160,497
<AVERAGE-NET-ASSETS>                        11,964,124  
<PER-SHARE-NAV-BEGIN>                            15.56
<PER-SHARE-NII>                                  00.38
<PER-SHARE-GAIN-APPREC>                          01.31
<PER-SHARE-DIVIDEND>                             00.45
<PER-SHARE-DISTRIBUTIONS>                        00.60
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              16.22
<EXPENSE-RATIO>                                  00.68
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>