[ARTICLE] 6
[CIK] 0001000077
[NAME] SMITH BARNEY CONCERT ALLOCATION SERIES INC.         
[SERIES]
   [NUMBER] 5
   [NAME] HIGH GROWTH PORTFOLIO, CLASS Z
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          JAN-31-1998
[PERIOD-END]                               JUL-31-1997
[INVESTMENTS-AT-COST]                      398,269,506
[INVESTMENTS-AT-VALUE]                     455,638,817
[RECEIVABLES]                                  261,814
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             455,900,631
[PAYABLE-FOR-SECURITIES]                     1,602,515
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                      163,723
[TOTAL-LIABILITIES]                          1,766,238
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   393,941,642
[SHARES-COMMON-STOCK]                           91,823
[SHARES-COMMON-PRIOR]                              340
[ACCUMULATED-NII-CURRENT]                      277,428
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                      2,546,012
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    57,369,311
[NET-ASSETS]                               454,134,393
[DIVIDEND-INCOME]                            1,872,573
[INTEREST-INCOME]                               94,475
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               1,781,570
[NET-INVESTMENT-INCOME]                        185,482
[REALIZED-GAINS-CURRENT]                             0
[APPREC-INCREASE-CURRENT]                   43,312,762
[NET-CHANGE-FROM-OPS]                       43,498,244
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                            0
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                         93,449
[NUMBER-OF-SHARES-REDEEMED]                      1,966
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                     139,479,970
[ACCUMULATED-NII-PRIOR]                         91,946
[ACCUMULATED-GAINS-PRIOR]                    2,546,012
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                        1,093,141
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              1,093,141
[AVERAGE-NET-ASSETS]                           381,977
[PER-SHARE-NAV-BEGIN]                            12.41
[PER-SHARE-NII]                                  00.05
[PER-SHARE-GAIN-APPREC]                          01.29
[PER-SHARE-DIVIDEND]                                 0
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                              13.75
[EXPENSE-RATIO]                                  00.35
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>