[ARTICLE] 6
[CIK] 0000841489
[NAME] SMITH BARNEY PRINCIPAL RETURN FUND.
[SERIES]
   [NUMBER] 4
   [NAME] SECURITY AND GROWTH
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          NOV-30-1996
[PERIOD-END]                               NOV-30-1996
[INVESTMENTS-AT-COST]                      222,220,195
[INVESTMENTS-AT-VALUE]                     246,071,176
[RECEIVABLES]                                  737,961
[ASSETS-OTHER]                                  48,943
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             246,858,080
[PAYABLE-FOR-SECURITIES]                     2,137,500
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      713,977
[TOTAL-LIABILITIES]                          2,851,477
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   218,383,511
[SHARES-COMMON-STOCK]                       23,868,390
[SHARES-COMMON-PRIOR]                       29,017,588
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                     (2,022,857)
[ACCUMULATED-NET-GAINS]                      3,681,287
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    23,964,662
[NET-ASSETS]                               244,006,603
[DIVIDEND-INCOME]                              174,000
[INTEREST-INCOME]                           10,271,675
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               2,669,108
[NET-INVESTMENT-INCOME]                      7,776,567
[REALIZED-GAINS-CURRENT]                    23,439,739
[APPREC-INCREASE-CURRENT]                  (2,101,994)
[NET-CHANGE-FROM-OPS]                       29,114,312
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   18,091,477
[DISTRIBUTIONS-OF-GAINS]                    19,663,133
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                              0
[NUMBER-OF-SHARES-REDEEMED]                  8,683,354
[SHARES-REINVESTED]                          3,534,156
[NET-CHANGE-IN-ASSETS]                    (65,815,513)
[ACCUMULATED-NII-PRIOR]                      8,292,053
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                    (95,319)
[GROSS-ADVISORY-FEES]                          824,328
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              2,669,108
[AVERAGE-NET-ASSETS]                                 0
[PER-SHARE-NAV-BEGIN]                            10.68
[PER-SHARE-NII]                                  00.33
[PER-SHARE-GAIN-APPREC]                          00.82
[PER-SHARE-DIVIDEND]                             00.70
[PER-SHARE-DISTRIBUTIONS]                        00.91
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              10.22
[EXPENSE-RATIO]                                  00.99
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>