[ARTICLE] 6
[CIK] 0000888127
[NAME] SMITH BARNEY MUNICIPAL FUND, INC.
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          DEC-31-1997
[PERIOD-END]                               DEC-31-1997
[INVESTMENTS-AT-COST]                       62,753,054
[INVESTMENTS-AT-VALUE]                      66,267,347
[RECEIVABLES]                                1,165,257
[ASSETS-OTHER]                                 276,569
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              67,709,173
[PAYABLE-FOR-SECURITIES]                     3,795,493
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      235,448
[TOTAL-LIABILITIES]                          4,030,941
[SENIOR-EQUITY]                                     00
[PAID-IN-CAPITAL-COMMON]                    60,166,945
[SHARES-COMMON-STOCK]                        4,021,162
[SHARES-COMMON-PRIOR]                        4,021,162
[ACCUMULATED-NII-CURRENT]                        2,350
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                          (656)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                     3,514,293
[NET-ASSETS]                                63,678,232
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            3,853,823
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 532,703
[NET-INVESTMENT-INCOME]                      3,321,120
[REALIZED-GAINS-CURRENT]                       743,293
[APPREC-INCREASE-CURRENT]                    1,281,162
[NET-CHANGE-FROM-OPS]                        5,345,575
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    3,398,185
[DISTRIBUTIONS-OF-GAINS]                       251,463
[DISTRIBUTIONS-OTHER]                           29,719
[NUMBER-OF-SHARES-SOLD]                              0
[NUMBER-OF-SHARES-REDEEMED]                          0
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                       1,666,208
[ACCUMULATED-NII-PRIOR]                         74,715
[ACCUMULATED-GAINS-PRIOR]                    (492,486)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          436,257
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                532,703
[AVERAGE-NET-ASSETS]                        62,497,728
[PER-SHARE-NAV-BEGIN]                            15.42
[PER-SHARE-NII]                                  00.83
[PER-SHARE-GAIN-APPREC]                          00.50
[PER-SHARE-DIVIDEND]                             00.85
[PER-SHARE-DISTRIBUTIONS]                        00.06
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              15.84
[EXPENSE-RATIO]                                  00.85
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>