[ARTICLE] 6
[CIK] 0000841489
[NAME] SMITH BARNEY PRINCIPAL RETURN FUND
[SERIES]
   [NUMBER] 4
   [NAME] SB SECURITIES AND GROWTH FUND
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          NOV-30-1997
[PERIOD-END]                               NOV-30-1997
[INVESTMENTS-AT-COST]                      184,970,911
[INVESTMENTS-AT-VALUE]                     204,611,202
[RECEIVABLES]                                  786,057
[ASSETS-OTHER]                                     404
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             205,397,663
[PAYABLE-FOR-SECURITIES]                       624,050
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      415,177
[TOTAL-LIABILITIES]                          1,039,227
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   178,408,472
[SHARES-COMMON-STOCK]                       20,197,849
[SHARES-COMMON-PRIOR]                       23,868,390
[ACCUMULATED-NII-CURRENT]                    5,432,460
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                        887,683
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    19,640,291
[NET-ASSETS]                               204,358,436
[DIVIDEND-INCOME]                              165,667
[INTEREST-INCOME]                            7,428,873
[OTHER-INCOME]                               7,594,540
[EXPENSES-NET]                               1,969,709
[NET-INVESTMENT-INCOME]                      5,624,831
[REALIZED-GAINS-CURRENT]                    29,915,321
[APPREC-INCREASE-CURRENT]                  (4,335,441)
[NET-CHANGE-FROM-OPS]                       31,204,711
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                    30,878,439
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                              0
[NUMBER-OF-SHARES-REDEEMED]                  6,617,924
[SHARES-REINVESTED]                          2,947,383
[NET-CHANGE-IN-ASSETS]                    (39,648,167)
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                        192,371
[OVERDIST-NET-GAINS-PRIOR]                   1,850,801
[GROSS-ADVISORY-FEES]                        1,077,814
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              1,969,709
[AVERAGE-NET-ASSETS]                       216,633,595
[PER-SHARE-NAV-BEGIN]                            10.22
[PER-SHARE-NII]                                  00.28
[PER-SHARE-GAIN-APPREC]                          01.40
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                        01.78
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              10.12
[EXPENSE-RATIO]                                  00.92
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>