[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-31-1999
[PERIOD-END]                               JUL-31-1998
[INVESTMENTS-AT-COST]                      725,179,925
[INVESTMENTS-AT-VALUE]                     790,758,211
[RECEIVABLES]                                  436,338
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                         5,994,022
[TOTAL-ASSETS]                             797,188,571
[PAYABLE-FOR-SECURITIES]                     3,263,882
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                   13,011,812
[TOTAL-LIABILITIES]                         16,275,694
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   699,565,430
[SHARES-COMMON-STOCK]                          348,500
[SHARES-COMMON-PRIOR]                          223,943
[ACCUMULATED-NII-CURRENT]                    5,551,419
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                     10,217,742
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    65,578,286
[NET-ASSETS]                               780,912,877
[DIVIDEND-INCOME]                            9,291,817
[INTEREST-INCOME]                              160,821
[OTHER-INCOME]                               9,452,638
[EXPENSES-NET]                               3,901,053
[NET-INVESTMENT-INCOME]                      5,551,585
[REALIZED-GAINS-CURRENT]                    10,344,038
[APPREC-INCREASE-CURRENT]                   31,941,844
[NET-CHANGE-FROM-OPS]                       47,837,467
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                       15,545
[DISTRIBUTIONS-OF-GAINS]                        67,371
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                        136,561
[NUMBER-OF-SHARES-REDEEMED]                     12,004
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                      47,837,467
[ACCUMULATED-NII-PRIOR]                        698,689
[ACCUMULATED-GAINS-PRIOR]                   10,858,228
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                                0
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              3,901,053
[AVERAGE-NET-ASSETS]                         4,174,946
[PER-SHARE-NAV-BEGIN]                            12.99
[PER-SHARE-NII]                                  00.15
[PER-SHARE-GAIN-APPREC]                          00.00
[PER-SHARE-DIVIDEND]                             00.04
[PER-SHARE-DISTRIBUTIONS]                        00.19
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              13.74
[EXPENSE-RATIO]                                  00.35
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>