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

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000764624
<NAME> Diversified Stragic Income Fund
<SERIES>
   <NUMBER>010
   <NAME>Smith Barney Income Fund

<S>                             <C>
<PERIOD-TYPE>                  Year
<FISCAL-YEAR-END>                               Jul-31-2000
<PERIOD-END>                                    Jul-31-2000
<INVESTMENTS-AT-COST>                         1,981,207,382
<INVESTMENTS-AT-VALUE>                        1,900,055,425
<RECEIVABLES>                                   101,770,567
<ASSETS-OTHER>                                  288,784,449
<OTHER-ITEMS-ASSETS>                                      0
<TOTAL-ASSETS>                                2,290,610,441
<PAYABLE-FOR-SECURITIES>                          2,588,028
<SENIOR-LONG-TERM-DEBT>                                   0
<OTHER-ITEMS-LIABILITIES>                       274,998,739
<TOTAL-LIABILITIES>                             277,586,767
<SENIOR-EQUITY>                                           0
<PAID-IN-CAPITAL-COMMON>                      2,258,330,217
<SHARES-COMMON-STOCK>                            21,887,961
<SHARES-COMMON-PRIOR>                            21,794,345
<ACCUMULATED-NII-CURRENT>                        24,206,300
<OVERDISTRIBUTION-NII>                                    0
<ACCUMULATED-NET-GAINS>                        (185,858,309)
<OVERDISTRIBUTION-GAINS>                                  0
<ACCUM-APPREC-OR-DEPREC>                        (83,654,534)
<NET-ASSETS>                                  2,013,023,674
<DIVIDEND-INCOME>                                         0
<INTEREST-INCOME>                               185,188,857
<OTHER-INCOME>                                            0
<EXPENSES-NET>                                   30,970,242
<NET-INVESTMENT-INCOME>                         154,218,615
<REALIZED-GAINS-CURRENT>                        (78,032,126)
<APPREC-INCREASE-CURRENT>                        (9,486,795)
<NET-CHANGE-FROM-OPS>                            66,699,694
<EQUALIZATION>                                            0
<DISTRIBUTIONS-OF-INCOME>                        11,937,036
<DISTRIBUTIONS-OF-GAINS>                                  0
<DISTRIBUTIONS-OTHER>                                     0
<NUMBER-OF-SHARES-SOLD>                           1,701,444
<NUMBER-OF-SHARES-REDEEMED>                       1,610,810
<SHARES-REINVESTED>                                   2,982
<NET-CHANGE-IN-ASSETS>                         (676,767,313)
<ACCUMULATED-NII-PRIOR>                            (896,492)
<ACCUMULATED-GAINS-PRIOR>                       (83,533,639)
<OVERDISTRIB-NII-PRIOR>                                   0
<OVERDIST-NET-GAINS-PRIOR>                                0
<GROSS-ADVISORY-FEES>                            15,193,822
<INTEREST-EXPENSE>                                        0
<GROSS-EXPENSE>                                  30,970,242
<AVERAGE-NET-ASSETS>                            163,076,026
<PER-SHARE-NAV-BEGIN>                                 7.460
<PER-SHARE-NII>                                       0.530
<PER-SHARE-GAIN-APPREC>                              (0.260)
<PER-SHARE-DIVIDEND>                                  0.530
<PER-SHARE-DISTRIBUTIONS>                             0.000
<RETURNS-OF-CAPITAL>                                  0.000
<PER-SHARE-NAV-END>                                   7.190
<EXPENSE-RATIO>                                        0.69



</TABLE>