[ARTICLE] 6
[CIK] 0000764624
[NAME] SMITH BARNEY INCOME FUNDS
[SERIES]
   [NUMBER] 9
   [NAME] UTILITIES FUND, CLASS Z
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          JUL-31-1998
[PERIOD-END]                               JAN-31-1998
[INVESTMENTS-AT-COST]                      917,300,703
[INVESTMENTS-AT-VALUE]                   1,118,431,425
[RECEIVABLES]                               18,682,208
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                        20,859,561
[TOTAL-ASSETS]                           1,157,973,194
[PAYABLE-FOR-SECURITIES]                     8,985,680
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                   26,294,512
[TOTAL-LIABILITIES]                         35,280,192
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   889,170,833
[SHARES-COMMON-STOCK]                          739,539
[SHARES-COMMON-PRIOR]                          877,888
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                       3,105,877
[ACCUMULATED-NET-GAINS]                     35,497,324
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                   201,130,722
[NET-ASSETS]                             1,122,693,002
[DIVIDEND-INCOME]                           15,737,282
[INTEREST-INCOME]                           17,106,377
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               8,160,497
[NET-INVESTMENT-INCOME]                     24,683,162
[REALIZED-GAINS-CURRENT]                    52,395,181
[APPREC-INCREASE-CURRENT]                   42,337,835
[NET-CHANGE-FROM-OPS]                      119,416,178
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                      336,199
[DISTRIBUTIONS-OF-GAINS]                       459,925
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                         41,898
[NUMBER-OF-SHARES-REDEEMED]                    227,273
[SHARES-REINVESTED]                             47,026
[NET-CHANGE-IN-ASSETS]                   (124,728,439)
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                   24,563,550
[OVERDISTRIB-NII-PRIOR]                          3,238
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        2,614,565
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              8,160,497
[AVERAGE-NET-ASSETS]                        12,606,412  
[PER-SHARE-NAV-BEGIN]                            15.55
[PER-SHARE-NII]                                  00.39
[PER-SHARE-GAIN-APPREC]                          01.35
[PER-SHARE-DIVIDEND]                             00.43
[PER-SHARE-DISTRIBUTIONS]                        00.60
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              16.26
[EXPENSE-RATIO]                                  00.73
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>