<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000808244
<NAME> INCOME & GROWTH PORTFOLIO
<SERIES>
   <NUMBER> 001
   <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>                        9,256,925
<INVESTMENTS-AT-VALUE>                      10,948,404
<RECEIVABLES>                                  123,856
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              11,072,260
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      161,062
<TOTAL-LIABILITIES>                            161,062
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     7,171,027
<SHARES-COMMON-STOCK>                          994,187
<SHARES-COMMON-PRIOR>                          985,475
<ACCUMULATED-NII-CURRENT>                      140,900
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      1,907,792
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,691,479
<NET-ASSETS>                                10,911,198
<DIVIDEND-INCOME>                              262,194
<INTEREST-INCOME>                                8,544
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 127,852
<NET-INVESTMENT-INCOME>                        142,886
<REALIZED-GAINS-CURRENT>                     1,907,792
<APPREC-INCREASE-CURRENT>                  (2,309,466)
<NET-CHANGE-FROM-OPS>                        (258,788)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      222,147
<DISTRIBUTIONS-OF-GAINS>                     2,393,210
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          2,788
<NUMBER-OF-SHARES-REDEEMED>                    214,967
<SHARES-REINVESTED>                            220,891
<NET-CHANGE-IN-ASSETS>                     (2,867,235)
<ACCUMULATED-NII-PRIOR>                        220,184
<ACCUMULATED-GAINS-PRIOR>                    2,393,210
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           77,096
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                127,852
<AVERAGE-NET-ASSETS>                        12,841,401
<PER-SHARE-NAV-BEGIN>                            13.98
<PER-SHARE-NII>                                   0.16
<PER-SHARE-GAIN-APPREC>                         (0.34)
<PER-SHARE-DIVIDEND>                              0.24
<PER-SHARE-DISTRIBUTIONS>                         2.59
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              10.97
<EXPENSE-RATIO>                                   1.00


</TABLE>