[ARTICLE] 6
[CIK] 0000841489
[NAME] SMITH BARNEY PRINCIPAL RETURN FUND
[SERIES]
   [NUMBER] 1
   [NAME] SB ZEROS PLUS EMERGING GROWTH SERIES 2000
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          NOV-30-1998
[PERIOD-END]                               NOV-30-1998
[INVESTMENTS-AT-COST]                       38,703,133
[INVESTMENTS-AT-VALUE]                      49,650,453
[RECEIVABLES]                                        0
[ASSETS-OTHER]                                 459,284
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              50,109,737
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                       76,105
[TOTAL-LIABILITIES]                             76,105
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    37,273,081
[SHARES-COMMON-STOCK]                        6,196,939
[SHARES-COMMON-PRIOR]                        6,957,549
[ACCUMULATED-NII-CURRENT]                    1,561,508
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                        251,723
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    10,947,320
[NET-ASSETS]                                50,033,632
[DIVIDEND-INCOME]                                5,375
[INTEREST-INCOME]                            2,335,842
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 585,321
[NET-INVESTMENT-INCOME]                      1,755,896
[REALIZED-GAINS-CURRENT]                     2,958,032
[APPREC-INCREASE-CURRENT]                  (2,131,525)
[NET-CHANGE-FROM-OPS]                        2,582,403
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    2,125,380
[DISTRIBUTIONS-OF-GAINS]                     2,872,512
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                              0
[NUMBER-OF-SHARES-REDEEMED]                  1,365,032
[SHARES-REINVESTED]                            604,422
[NET-CHANGE-IN-ASSETS]                     (8,804,129)
[ACCUMULATED-NII-PRIOR]                      1,930,992
[ACCUMULATED-GAINS-PRIOR]                      166,203
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          213,776
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                585,321
[AVERAGE-NET-ASSETS]                        53,166,779
[PER-SHARE-NAV-BEGIN]                             8.46
[PER-SHARE-NII]                                   0.28
[PER-SHARE-GAIN-APPREC]                           0.13
[PER-SHARE-DIVIDEND]                              0.31
[PER-SHARE-DISTRIBUTIONS]                         0.49
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                               8.07
[EXPENSE-RATIO]                                   1.10
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>