[ARTICLE] 6
[CIK] 0000888127
[NAME] SMITH BARNEY MUNICIPAL FUND, INC.
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          DEC-31-1997
[PERIOD-END]                               JUN-30-1997
[INVESTMENTS-AT-COST]                       59,083,676
[INVESTMENTS-AT-VALUE]                      61,534,265
[RECEIVABLES]                                1,177,318
[ASSETS-OTHER]                                 191,505
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              62,903,088
[PAYABLE-FOR-SECURITIES]                       492,297
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      190,073
[TOTAL-LIABILITIES]                            682,370
[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]                       20,368
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                      (446,903)
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                     2,450,589
[NET-ASSETS]                                62,220,718
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                            1,920,626
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 261,958
[NET-INVESTMENT-INCOME]                      1,658,668
[REALIZED-GAINS-CURRENT]                        45,583
[APPREC-INCREASE-CURRENT]                      217,458
[NET-CHANGE-FROM-OPS]                        1,921,709
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    1,713,015
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                              0
[NUMBER-OF-SHARES-REDEEMED]                          0
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                         208,694
[ACCUMULATED-NII-PRIOR]                         74,715
[ACCUMULATED-GAINS-PRIOR]                    (492,486)
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          214,153
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                261,958
[AVERAGE-NET-ASSETS]                        61,863,698
[PER-SHARE-NAV-BEGIN]                            15.42
[PER-SHARE-NII]                                  00.41
[PER-SHARE-GAIN-APPREC]                          00.07
[PER-SHARE-DIVIDEND]                             00.43
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              15.47
[EXPENSE-RATIO]                                  00.85
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>