[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.
[SERIES]
   [NUMBER] 9
   [NAME] SELECT BALANCED PORTFOLIO
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          JAN-31-1998
[PERIOD-END]                               JAN-31-1998
[INVESTMENTS-AT-COST]                       45,825,397
[INVESTMENTS-AT-VALUE]                      45,554,990
[RECEIVABLES]                                    6,301
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                               858
[TOTAL-ASSETS]                              45,562,149
[PAYABLE-FOR-SECURITIES]                       317,797
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      173,514
[TOTAL-LIABILITIES]                            491,311
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    43,222,712
[SHARES-COMMON-STOCK]                        3,997,048
[SHARES-COMMON-PRIOR]                                0
[ACCUMULATED-NII-CURRENT]                    1,058,984
[OVERDISTRIBUTION-NII]                       1,058,984
[ACCUMULATED-NET-GAINS]                      1,059,549
[OVERDISTRIBUTION-GAINS]                     1,059,549
[ACCUM-APPREC-OR-DEPREC]                     (270,407)
[NET-ASSETS]                                45,070,838
[DIVIDEND-INCOME]                            1,087,169
[INTEREST-INCOME]                               34,296
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                  62,481
[NET-INVESTMENT-INCOME]                      1,059,549
[REALIZED-GAINS-CURRENT]                     1,059,549
[APPREC-INCREASE-CURRENT]                    (270,407)
[NET-CHANGE-FROM-OPS]                        1,848,126
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                      4,056,352
[NUMBER-OF-SHARES-REDEEMED]                     59,304
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                      45,070,838
[ACCUMULATED-NII-PRIOR]                              0
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                                0
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                 58,327
[AVERAGE-NET-ASSETS]                        18,252,197
[PER-SHARE-NAV-BEGIN]                            10.00
[PER-SHARE-NII]                                  00.64
[PER-SHARE-GAIN-APPREC]                          00.64
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              11.28
[EXPENSE-RATIO]                                  00.35
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>