[ARTICLE] 6
[CIK] 0000764624
[NAME] SMITH BARNEY INCOME FUNDS
[SERIES]
   [NUMBER] 8
   [NAME] HIGH INCOME FUND, CLASS B
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          JUL-31-1998
[PERIOD-END]                               JAN-31-1998
[INVESTMENTS-AT-COST]                    1,364,744,947
[INVESTMENTS-AT-VALUE]                   1,428,447,019
[RECEIVABLES]                               42,070,432
[ASSETS-OTHER]                                     290
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                           1,470,517,741
[PAYABLE-FOR-SECURITIES]                    27,630,425
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                   11,692,448
[TOTAL-LIABILITIES]                         39,322,873
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                 1,559,363,816
[SHARES-COMMON-STOCK]                       62,750,178
[SHARES-COMMON-PRIOR]                       57,550,302
[ACCUMULATED-NII-CURRENT]                   57,554,328
[OVERDISTRIBUTION-NII]                       1,858,129
[ACCUMULATED-NET-GAINS]                  (190,577,039)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    64,266,220
[NET-ASSETS]                             1,431,194,868
[DIVIDEND-INCOME]                            4,520,196
[INTEREST-INCOME]                           61,760,042
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               8,725,910
[NET-INVESTMENT-INCOME]                     57,554,328
[REALIZED-GAINS-CURRENT]                     9,323,099
[APPREC-INCREASE-CURRENT]                      974,034
[NET-CHANGE-FROM-OPS]                       67,851,461
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   31,021,175
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      8,996,876
[NUMBER-OF-SHARES-REDEEMED]                  4,741,209
[SHARES-REINVESTED]                            944,209
[NET-CHANGE-IN-ASSETS]                     142,375,242
[ACCUMULATED-NII-PRIOR]                    105,547,558
[ACCUMULATED-GAINS-PRIOR]                   15,929,257
[OVERDISTRIB-NII-PRIOR]                        873,947
[OVERDIST-NET-GAINS-PRIOR]               (199,848,782)
[GROSS-ADVISORY-FEES]                        4,712,337
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              8,725,910
[AVERAGE-NET-ASSETS]                       706,888,033
[PER-SHARE-NAV-BEGIN]                            11.83
[PER-SHARE-NII]                                  00.50
[PER-SHARE-GAIN-APPREC]                          00.08
[PER-SHARE-DIVIDEND]                             00.52
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              11.89
[EXPENSE-RATIO]                                  01.54
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>