[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.        
[SERIES]
   [NUMBER] 4
   [NAME] GROWTH PORTFOLIO, CLASS Z
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          JAN-31-1998
[PERIOD-END]                               JUL-31-1997
[INVESTMENTS-AT-COST]                      507,168,703
[INVESTMENTS-AT-VALUE]                     574,786,559
[RECEIVABLES]                                  555,348
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                               492
[TOTAL-ASSETS]                             575,343,399
[PAYABLE-FOR-SECURITIES]                     1,206,589
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      580,089
[TOTAL-LIABILITIES]                          1,706,678
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   498,341,935
[SHARES-COMMON-STOCK]                           94,546
[SHARES-COMMON-PRIOR]                              488
[ACCUMULATED-NII-CURRENT]                    4,195,892
[OVERDISTRIBUTION-NII]                       4,195,892
[ACCUMULATED-NET-GAINS]                      3,481,038
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    67,617,856
[NET-ASSETS]                               573,636,721
[DIVIDEND-INCOME]                            5,989,799
[INTEREST-INCOME]                              109,463
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               2,445,317
[NET-INVESTMENT-INCOME]                      3,653,945
[REALIZED-GAINS-CURRENT]                             0
[APPREC-INCREASE-CURRENT]                   50,891,810
[NET-CHANGE-FROM-OPS]                       54,545,755
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                         95,894
[NUMBER-OF-SHARES-REDEEMED]                      1,836
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                     167,444,888
[ACCUMULATED-NII-PRIOR]                     10,498,109
[ACCUMULATED-GAINS-PRIOR]                    3,809,172
[OVERDISTRIB-NII-PRIOR]                        541,947
[OVERDIST-NET-GAINS-PRIOR]                   3,809,172
[GROSS-ADVISORY-FEES]                          180,523
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              2,445,317
[AVERAGE-NET-ASSETS]                           392,180
[PER-SHARE-NAV-BEGIN]                            12.32
[PER-SHARE-NII]                                  00.15
[PER-SHARE-GAIN-APPREC]                          01.20
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              13.67
[EXPENSE-RATIO]                                  00.35
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>