<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000808244
<NAME> RESERVE ACCOUNT PORTFOLIO
<SERIES>
   <NUMBER> 002
   <NAME> SMITH BARNEY VARIABLE ACCOUNT FUNDS

<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               DEC-31-1999
<INVESTMENTS-AT-COST>                           26,998
<INVESTMENTS-AT-VALUE>                          26,998
<RECEIVABLES>                                   28,679
<ASSETS-OTHER>                                     481
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  56,158
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       13,505
<TOTAL-LIABILITIES>                             13,505
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        43,361
<SHARES-COMMON-STOCK>                            5,606
<SHARES-COMMON-PRIOR>                            7,669
<ACCUMULATED-NII-CURRENT>                        (708)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                    42,653
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                1,906
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     481
<NET-INVESTMENT-INCOME>                          1,425
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                            1,425
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                      2,063
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        (13,759)
<ACCUMULATED-NII-PRIOR>                        (2,133)
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              216
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 30,684
<AVERAGE-NET-ASSETS>                            48,219
<PER-SHARE-NAV-BEGIN>                             7.36
<PER-SHARE-NII>                                   0.25
<PER-SHARE-GAIN-APPREC>                           0.00
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               7.61
<EXPENSE-RATIO>                                   1.00


</TABLE>