<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000841489
<NAME> SMITH BARNEY PRINCIPAL RETURN FUND.
<SERIES>
   <NUMBER> 1
   <NAME> ZEROS PLUS EMERGING GROWTH SERIES 2000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          NOV-30-1996
<PERIOD-END>                               NOV-30-1996
<INVESTMENTS-AT-COST>                       50,739,805
<INVESTMENTS-AT-VALUE>                      65,916,929
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              65,916,929
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      484,852
<TOTAL-LIABILITIES>                            484,852
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    49,893,613
<SHARES-COMMON-STOCK>                        7,579,650
<SHARES-COMMON-PRIOR>                        8,253,332
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                        (88,928)
<ACCUMULATED-NET-GAINS>                        450,268
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    15,177,124
<NET-ASSETS>                                65,432,077
<DIVIDEND-INCOME>                               12,000
<INTEREST-INCOME>                            2,953,246
<OTHER-INCOME>                               2,965,246
<EXPENSES-NET>                                 773,950
<NET-INVESTMENT-INCOME>                      2,191,296
<REALIZED-GAINS-CURRENT>                     1,363,972
<APPREC-INCREASE-CURRENT>                  (2,664,005)
<NET-CHANGE-FROM-OPS>                          891,263
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    4,406,146
<DISTRIBUTIONS-OF-GAINS>                     1,589,632
<DISTRIBUTIONS-OTHER>                        5,995,778
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                  1,335,970
<SHARES-REINVESTED>                            662,288
<NET-CHANGE-IN-ASSETS>                    (11,131,102)
<ACCUMULATED-NII-PRIOR>                      2,125,922
<ACCUMULATED-GAINS-PRIOR>                      675,928
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              279
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    279
<AVERAGE-NET-ASSETS>                        69,644,866
<PER-SHARE-NAV-BEGIN>                             9.20
<PER-SHARE-NII>                                   0.30
<PER-SHARE-GAIN-APPREC>                         (0.16)
<PER-SHARE-DIVIDEND>                              0.57
<PER-SHARE-DISTRIBUTIONS>                         0.22
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               8.63
<EXPENSE-RATIO>                                   1.11
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>