<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000874835
<NAME> GREENWICH STREET SERIES FUND
<SERIES>
   <NUMBER> 4
   <NAME> APPRECIATION PORTFOLIO
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-END>                               DEC-31-1997
<INVESTMENTS-AT-COST>                      102,166,810
<INVESTMENTS-AT-VALUE>                     145,379,757
<RECEIVABLES>                                3,269,428
<ASSETS-OTHER>                                      76
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             148,649,261
<PAYABLE-FOR-SECURITIES>                     4,346,718
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      168,519
<TOTAL-LIABILITIES>                          4,515,237
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    91,704,926
<SHARES-COMMON-STOCK>                        7,693,323
<SHARES-COMMON-PRIOR>                        6,384,643
<ACCUMULATED-NII-CURRENT>                    2,029,289
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      7,186,862
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    43,212,947
<NET-ASSETS>                               144,134,024
<DIVIDEND-INCOME>                            1,870,369
<INTEREST-INCOME>                            1,124,049
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 963,225
<NET-INVESTMENT-INCOME>                      2,031,193
<REALIZED-GAINS-CURRENT>                     7,187,150
<APPREC-INCREASE-CURRENT>                   18,175,990
<NET-CHANGE-FROM-OPS>                       27,394,333
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    1,537,587
<DISTRIBUTIONS-OF-GAINS>                     7,668,488
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,610,791
<NUMBER-OF-SHARES-REDEEMED>                    807,939
<SHARES-REINVESTED>                            505,828
<NET-CHANGE-IN-ASSETS>                      42,902,196
<ACCUMULATED-NII-PRIOR>                      1,535,683
<ACCUMULATED-GAINS-PRIOR>                    7,668,200
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          662,865
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                963,225
<AVERAGE-NET-ASSETS>                       120,637,753
<PER-SHARE-NAV-BEGIN>                            15.86
<PER-SHARE-NII>                                  00.24
<PER-SHARE-GAIN-APPREC>                          03.90
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        01.27
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              18.73
<EXPENSE-RATIO>                                  00.80
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>