[ARTICLE] 6
[CIK] 0000888127
[NAME] SMITH BARNEY MUNICIPAL FUND, INC.
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          DEC-31-1996
[PERIOD-END]                               DEC-31-1996
[INVESTMENTS-AT-COST]                       58,582,939
[INVESTMENTS-AT-VALUE]                      60,816,070
[RECEIVABLES]                                1,249,557
[ASSETS-OTHER]                                  69,328
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              62,134,955
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      122,931
[TOTAL-LIABILITIES]                            122,931
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    60,196,664
[SHARES-COMMON-STOCK]                        4,021,162
[SHARES-COMMON-PRIOR]                        4,021,162
[ACCUMULATED-NII-CURRENT]                       74,715
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                      (492,486)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                     2,233,131
[NET-ASSETS]                                62,012,024
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            3,922,628
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 557,222
[NET-INVESTMENT-INCOME]                      3,365,406
[REALIZED-GAINS-CURRENT]                        21,389
[APPREC-INCREASE-CURRENT]                  (1,289,439)
[NET-CHANGE-FROM-OPS]                        2,097,356
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    3,426,030
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                              0
[NUMBER-OF-SHARES-REDEEMED]                          0
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                     (1,328,674)
[ACCUMULATED-NII-PRIOR]                        135,339
[ACCUMULATED-GAINS-PRIOR]                    (513,875)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          432,659
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                557,222
[AVERAGE-NET-ASSETS]                        61,807,756
[PER-SHARE-NAV-BEGIN]                            15.75
[PER-SHARE-NII]                                  00.84
[PER-SHARE-GAIN-APPREC]                          01.32
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                        00.85
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              15.42
[EXPENSE-RATIO]                                  00.90
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>