[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
   [NUMBER] 2
   [NAME] INCOME PORTFOLIO. CLASS Z
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          JAN-31-1999
[PERIOD-END]                               JAN-31-1999
[INVESTMENTS-AT-COST]                       74,914,531
[INVESTMENTS-AT-VALUE]                      74,540,302
[RECEIVABLES]                                   92,631
[ASSETS-OTHER]                                 340,393
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              74,973,326
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      141,042
[TOTAL-LIABILITIES]                            141,042
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    74,763,013
[SHARES-COMMON-STOCK]                                0
[SHARES-COMMON-PRIOR]                           58,781
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                        (32,960)
[ACCUMULATED-NET-GAINS]                        476,460
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                     (374,229)
[NET-ASSETS]                                74,832,284
[DIVIDEND-INCOME]                            4,418,718
[INTEREST-INCOME]                               22,562
[OTHER-INCOME]                                  24,839
[EXPENSES-NET]                                 573,521
[NET-INVESTMENT-INCOME]                      3,892,661
[REALIZED-GAINS-CURRENT]                       684,340
[APPREC-INCREASE-CURRENT]                  (1,487,808)
[NET-CHANGE-FROM-OPS]                        3,089,193
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                       63,002 
[DISTRIBUTIONS-OF-GAINS]                        12,470
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                         81,175
[NUMBER-OF-SHARES-REDEEMED]                    146,474
[SHARES-REINVESTED]                              6,518
[NET-CHANGE-IN-ASSETS]                      14,435,987
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                      445,154
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                                0
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                573,521
[AVERAGE-NET-ASSETS]                           985,425
[PER-SHARE-NAV-BEGIN]                            00.00
[PER-SHARE-NII]                                  00.00
[PER-SHARE-GAIN-APPREC]                          00.00
[PER-SHARE-DIVIDEND]                             00.00
[PER-SHARE-DISTRIBUTIONS]                        00.00
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              00.00
[EXPENSE-RATIO]                                  00.00
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>