WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000748826
<NAME> Smith Barney Managed Governments Fund Inc.

<S>                             <C>
<PERIOD-TYPE>                  Year
<FISCAL-YEAR-END>                               Jul-31-2000
<PERIOD-END>                                    Jul-31-2000
<INVESTMENTS-AT-COST>                           464,212,011
<INVESTMENTS-AT-VALUE>                          460,971,559
<RECEIVABLES>                                    58,192,997
<ASSETS-OTHER>                                        3,546
<OTHER-ITEMS-ASSETS>                                      0
<TOTAL-ASSETS>                                  519,168,102
<PAYABLE-FOR-SECURITIES>                         82,226,278
<SENIOR-LONG-TERM-DEBT>                                   0
<OTHER-ITEMS-LIABILITIES>                         2,694,667
<TOTAL-LIABILITIES>                              84,920,945
<SENIOR-EQUITY>                                           0
<PAID-IN-CAPITAL-COMMON>                        478,050,972
<SHARES-COMMON-STOCK>                             3,284,216
<SHARES-COMMON-PRIOR>                             5,079,077
<ACCUMULATED-NII-CURRENT>                           272,711
<OVERDISTRIBUTION-NII>                                    0
<ACCUMULATED-NET-GAINS>                         (40,836,074)
<OVERDISTRIBUTION-GAINS>                                  0
<ACCUM-APPREC-OR-DEPREC>                         (3,240,452)
<NET-ASSETS>                                    434,247,157
<DIVIDEND-INCOME>                                         0
<INTEREST-INCOME>                                33,361,030
<OTHER-INCOME>                                            0
<EXPENSES-NET>                                    4,811,699
<NET-INVESTMENT-INCOME>                          28,549,331
<REALIZED-GAINS-CURRENT>                        (12,905,349)
<APPREC-INCREASE-CURRENT>                         9,018,252
<NET-CHANGE-FROM-OPS>                            24,662,234
<EQUALIZATION>                                            0
<DISTRIBUTIONS-OF-INCOME>                         2,603,335
<DISTRIBUTIONS-OF-GAINS>                                  0
<DISTRIBUTIONS-OTHER>                                     0
<NUMBER-OF-SHARES-SOLD>                             424,669
<NUMBER-OF-SHARES-REDEEMED>                       2,351,019
<SHARES-REINVESTED>                                 131,489
<NET-CHANGE-IN-ASSETS>                          (71,516,308)
<ACCUMULATED-NII-PRIOR>                          (1,238,955)
<ACCUMULATED-GAINS-PRIOR>                       (27,516,455)
<OVERDISTRIB-NII-PRIOR>                                   0
<OVERDIST-NET-GAINS-PRIOR>                                0
<GROSS-ADVISORY-FEES>                             3,060,356
<INTEREST-EXPENSE>                                        0
<GROSS-EXPENSE>                                   4,811,699
<AVERAGE-NET-ASSETS>                             49,730,342
<PER-SHARE-NAV-BEGIN>                                12.090
<PER-SHARE-NII>                                       0.660
<PER-SHARE-GAIN-APPREC>                              (0.080)
<PER-SHARE-DIVIDEND>                                  0.640
<PER-SHARE-DISTRIBUTIONS>                             0.000
<RETURNS-OF-CAPITAL>                                  0.000
<PER-SHARE-NAV-END>                                  12.030
<EXPENSE-RATIO>                                        1.58



</TABLE>