[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
   [NUMBER] 5
   [NAME] HIGH GROWTH PORTFOLIO, CLASS L
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          JAN-31-1999
[PERIOD-END]                               JUL-31-1998
[INVESTMENTS-AT-COST]                      613,731,579
[INVESTMENTS-AT-VALUE]                     666,742,062
[RECEIVABLES]                                  284,655
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                       666,743,028
[TOTAL-ASSETS]                             667,027,683
[PAYABLE-FOR-SECURITIES]                    32,780,353
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    7,993,095
[TOTAL-LIABILITIES]                         40,773,448
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   557,924,481
[SHARES-COMMON-STOCK]                        2,439,854
[SHARES-COMMON-PRIOR]                        2,148,712
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                       1,377,532
[ACCUMULATED-NET-GAINS]                     13,941,739
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    53,010,483
[NET-ASSETS]                               626,254,235
[DIVIDEND-INCOME]                            4,196,867
[INTEREST-INCOME]                              124,573
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               2,943,908
[NET-INVESTMENT-INCOME]                      1,377,532
[REALIZED-GAINS-CURRENT]                    14,269,139
[APPREC-INCREASE-CURRENT]                   27,476,053
[NET-CHANGE-FROM-OPS]                       43,122,724
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                        535,042
[NUMBER-OF-SHARES-REDEEMED]                    243,900
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                      70,232,361
[ACCUMULATED-NII-PRIOR]                      2,669,143
[ACCUMULATED-GAINS-PRIOR]                   17,775,951
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                                0
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              2,943,908
[AVERAGE-NET-ASSETS]                        32,881,956
[PER-SHARE-NAV-BEGIN]                            12.96
[PER-SHARE-NII]                                  00.00
[PER-SHARE-GAIN-APPREC]                          01.08
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              13.88
[EXPENSE-RATIO]                                  01.35
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>