[ARTICLE] 6
[CIK] 0000091157
[NAME] SMITH BARNEY FUNDS, INC.
[SERIES]
   [NUMBER] 1
   [NAME] LARGE CAP VALUE FUND, CLASS L
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          DEC-31-1998
[PERIOD-END]                               JUN-30-1998
[INVESTMENTS-AT-COST]                      872,803,823
[INVESTMENTS-AT-VALUE]                   1,250,476,813
[RECEIVABLES]                                2,048,490
[ASSETS-OTHER]                             160,683,120
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                           1,413,208,423
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                  159,444,426
[TOTAL-LIABILITIES]                        159,444,426
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   807,588,244
[SHARES-COMMON-STOCK]                        2,799,921
[SHARES-COMMON-PRIOR]                        2,469,984
[ACCUMULATED-NII-CURRENT]                  (3,124,493)
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                     71,627,276
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                   377,672,990
[NET-ASSETS]                             1,253,763,997
[DIVIDEND-INCOME]                           12,420,504
[INTEREST-INCOME]                              797,446
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               5,187,294
[NET-INVESTMENT-INCOME]                      8,030,656
[REALIZED-GAINS-CURRENT]                    71,626,938
[APPREC-INCREASE-CURRENT]                   65,595,458
[NET-CHANGE-FROM-OPS]                      145,253,052
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                      272,782
[DISTRIBUTIONS-OF-GAINS]                         3,563
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                        474,784
[NUMBER-OF-SHARES-REDEEMED]                    158,318
[SHARES-REINVESTED]                             13,471
[NET-CHANGE-IN-ASSETS]                     168,718,035
[ACCUMULATED-NII-PRIOR]                        (7,476)
[ACCUMULATED-GAINS-PRIOR]                       84,862
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        3,322,659
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              5,187,294
[AVERAGE-NET-ASSETS]                        47,445,212
[PER-SHARE-NAV-BEGIN]                            17.05
[PER-SHARE-NII]                                  00.05
[PER-SHARE-GAIN-APPREC]                          02.13
[PER-SHARE-DIVIDEND]                             00.10
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              19.13
[EXPENSE-RATIO]                                  01.69
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>