[ARTICLE] 6
[CIK] 0000764624
[NAME] SMITH BARNEY INCOME FUNDS
[SERIES]
   [NUMBER] 8
   [NAME] SMITH BARNEY HIGH INCOME FUND, CLASS B
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          JUL-31-1998
[PERIOD-END]                               JUL-31-1998
[INVESTMENTS-AT-COST]                    1,632,646,872
[INVESTMENTS-AT-VALUE]                   1,681,778,251
[RECEIVABLES]                               83,847,543
[ASSETS-OTHER]                                 288,266
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                           1,765,914,060
[PAYABLE-FOR-SECURITIES]                     9,564,915
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                   79,749,106
[TOTAL-LIABILITIES]                         89,314,021
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                 1,767,432,463
[SHARES-COMMON-STOCK]                       73,165,807
[SHARES-COMMON-PRIOR]                       57,550,302
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                       7,643,363
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                   132,201,561
[ACCUM-APPREC-OR-DEPREC]                    49,012,499
[NET-ASSETS]                             1,676,600,039
[DIVIDEND-INCOME]                            7,680,598
[INTEREST-INCOME]                          134,107,331
[OTHER-INCOME]                                       0
[EXPENSES-NET]                              18,909,948
[NET-INVESTMENT-INCOME]                    122,877,981
[REALIZED-GAINS-CURRENT]                    10,647,989
[APPREC-INCREASE-CURRENT]                 (14,279,687)
[NET-CHANGE-FROM-OPS]                      119,246,283
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   66,282,175
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     23,102,567
[NUMBER-OF-SHARES-REDEEMED]                  9,879,005
[SHARES-REINVESTED]                          2,391,943
[NET-CHANGE-IN-ASSETS]                     119,246,283
[ACCUMULATED-NII-PRIOR]                        873,947
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                 199,848,782
[GROSS-ADVISORY-FEES]                        7,363,535
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                             18,909,948
[AVERAGE-NET-ASSETS]                       758,683,403
[PER-SHARE-NAV-BEGIN]                            11.83
[PER-SHARE-NII]                                  00.96
[PER-SHARE-GAIN-APPREC]                         (0.01)
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                        01.03
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              11.75
[EXPENSE-RATIO]                                  01.55
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>