[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
   [NUMBER] 4
   [NAME] GROWTH PORTFOLIO, CLASS B
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          JAN-31-1998
[PERIOD-END]                               JAN-31-1998
[INVESTMENTS-AT-COST]                      635,494,332
[INVESTMENTS-AT-VALUE]                     669,130,774
[RECEIVABLES]                                1,178,173
[ASSETS-OTHER]                               1,195,507
[OTHER-ITEMS-ASSETS]                           106,186
[TOTAL-ASSETS]                             671,610,640
[PAYABLE-FOR-SECURITIES]                     1,109,189
[SENIOR-LONG-TERM-DEBT]                        491,578
[OTHER-ITEMS-LIABILITIES]                      802,609
[TOTAL-LIABILITIES]                          2,403,376
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   624,013,905
[SHARES-COMMON-STOCK]                       26,419,492
[SHARES-COMMON-PRIOR]                       17,154,346
[ACCUMULATED-NII-CURRENT]                   12,529,086
[OVERDISTRIBUTION-NII]                         698,689
[ACCUMULATED-NET-GAINS]                     29,493,232
[OVERDISTRIBUTION-GAINS]                    10,858,228
[ACCUM-APPREC-OR-DEPREC]                    33,636,442
[NET-ASSETS]                               669,207,264
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                           14,317,566
[OTHER-INCOME]                               3,867,295
[EXPENSES-NET]                               5,655,775
[NET-INVESTMENT-INCOME]                     12,529,086
[REALIZED-GAINS-CURRENT]                    29,493,232
[APPREC-INCREASE-CURRENT]                   16,910,396
[NET-CHANGE-FROM-OPS]                       58,932,714
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    5,278,914
[DISTRIBUTIONS-OF-GAINS]                    11,379,103
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     10,828,351
[NUMBER-OF-SHARES-REDEEMED]                  2,826,910
[SHARES-REINVESTED]                          1,263,705
[NET-CHANGE-IN-ASSETS]                      58,932,714
[ACCUMULATED-NII-PRIOR]                      8,447,855
[ACCUMULATED-GAINS-PRIOR]                    3,809,172
[OVERDISTRIB-NII-PRIOR]                      3,481,038
[OVERDIST-NET-GAINS-PRIOR]                     541,947
[GROSS-ADVISORY-FEES]                                0
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              5,655,775
[AVERAGE-NET-ASSETS]                       282,815,238
[PER-SHARE-NAV-BEGIN]                            12.33
[PER-SHARE-NII]                                  00.22
[PER-SHARE-GAIN-APPREC]                          01.12
[PER-SHARE-DIVIDEND]                             00.21
[PER-SHARE-DISTRIBUTIONS]                        00.46
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              13.00
[EXPENSE-RATIO]                                  01.35
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>