WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000764624
<NAME> Balanced Fund
<SERIES>
   <NUMBER>009
   <NAME>Smith Barney Income Funds

<S>                             <C>
<PERIOD-TYPE>                  YEAR
<FISCAL-YEAR-END>                               Jul-31-2000
<PERIOD-END>                                    Jul-31-2000
<INVESTMENTS-AT-COST>                           648,702,631
<INVESTMENTS-AT-VALUE>                          807,087,598
<RECEIVABLES>                                     7,669,331
<ASSETS-OTHER>                                   62,958,373
<OTHER-ITEMS-ASSETS>                                      0
<TOTAL-ASSETS>                                  877,715,302
<PAYABLE-FOR-SECURITIES>                          2,892,575
<SENIOR-LONG-TERM-DEBT>                                   0
<OTHER-ITEMS-LIABILITIES>                        64,392,806
<TOTAL-LIABILITIES>                              67,285,381
<SENIOR-EQUITY>                                           0
<PAID-IN-CAPITAL-COMMON>                        641,280,761
<SHARES-COMMON-STOCK>                            23,917,824
<SHARES-COMMON-PRIOR>                            41,121,027
<ACCUMULATED-NII-CURRENT>                         7,512,155
<OVERDISTRIBUTION-NII>                                    0
<ACCUMULATED-NET-GAINS>                           3,181,407
<OVERDISTRIBUTION-GAINS>                                  0
<ACCUM-APPREC-OR-DEPREC>                        158,455,598
<NET-ASSETS>                                    810,429,921
<DIVIDEND-INCOME>                                 5,370,741
<INTEREST-INCOME>                                29,867,178
<OTHER-INCOME>                                            0
<EXPENSES-NET>                                   11,342,532
<NET-INVESTMENT-INCOME>                          23,895,387
<REALIZED-GAINS-CURRENT>                          3,817,271
<APPREC-INCREASE-CURRENT>                        56,135,709
<NET-CHANGE-FROM-OPS>                            83,848,367
<EQUALIZATION>                                            0
<DISTRIBUTIONS-OF-INCOME>                        10,839,241
<DISTRIBUTIONS-OF-GAINS>                          2,873,889
<DISTRIBUTIONS-OTHER>                                     0
<NUMBER-OF-SHARES-SOLD>                           1,334,840
<NUMBER-OF-SHARES-REDEEMED>                      19,313,105
<SHARES-REINVESTED>                                 775,062
<NET-CHANGE-IN-ASSETS>                          (82,507,806)
<ACCUMULATED-NII-PRIOR>                           4,537,718
<ACCUMULATED-GAINS-PRIOR>                         4,764,264
<OVERDISTRIB-NII-PRIOR>                                   0
<OVERDIST-NET-GAINS-PRIOR>                                0
<GROSS-ADVISORY-FEES>                             5,541,452
<INTEREST-EXPENSE>                                        0
<GROSS-EXPENSE>                                  11,342,532
<AVERAGE-NET-ASSETS>                            463,915,341
<PER-SHARE-NAV-BEGIN>                                13.820
<PER-SHARE-NII>                                       0.370
<PER-SHARE-GAIN-APPREC>                               1.010
<PER-SHARE-DIVIDEND>                                  0.340
<PER-SHARE-DISTRIBUTIONS>                             0.080
<RETURNS-OF-CAPITAL>                                  0.000
<PER-SHARE-NAV-END>                                  14.780
<EXPENSE-RATIO>                                        1.55



</TABLE>