[ARTICLE] 6
[CIK] 0000841489
[NAME] SMITH BARNEY PRINCIPAL RETURN FUND
[SERIES]
   [NUMBER] 1
   [NAME] ZEROS PLUS EMERGING GROWTH SERIES 2000
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          NOV-30-1999
[PERIOD-END]                               MAY-31-1999
[INVESTMENTS-AT-COST]                       36,061,491
[INVESTMENTS-AT-VALUE]                      47,479,316
[RECEIVABLES]                                       63
[ASSETS-OTHER]                                     395
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                              47,479,774
[PAYABLE-FOR-SECURITIES]                             0
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                       46,741
[TOTAL-LIABILITIES]                             46,741
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                    32,303,782
[SHARES-COMMON-STOCK]                        5,601,818
[SHARES-COMMON-PRIOR]                        5,601,818
[ACCUMULATED-NII-CURRENT]                      777,501
[OVERDISTRIBUTION-NII]                               0
[ACCUMULATED-NET-GAINS]                      2,933,925
[OVERDISTRIBUTION-GAINS]                             0
[ACCUM-APPREC-OR-DEPREC]                    11,417,825
[NET-ASSETS]                                47,433,033
[DIVIDEND-INCOME]                                1,825
[INTEREST-INCOME]                            1,042,137
[OTHER-INCOME]                                       0
[EXPENSES-NET]                                 266,221
[NET-INVESTMENT-INCOME]                        777,741
[REALIZED-GAINS-CURRENT]                     2,682,202
[APPREC-INCREASE-CURRENT]                      470,505
[NET-CHANGE-FROM-OPS]                        3,930,448
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                    1,561,748
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                        189,951
[NUMBER-OF-SHARES-REDEEMED]                    785,075
[SHARES-REINVESTED]                                  0
[NET-CHANGE-IN-ASSETS]                     (2,600,599)
[ACCUMULATED-NII-PRIOR]                      1,561,508
[ACCUMULATED-GAINS-PRIOR]                      251,723
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                           0
[GROSS-ADVISORY-FEES]                          145,461
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                                266,221
[AVERAGE-NET-ASSETS]                        49,387,798
[PER-SHARE-NAV-BEGIN]                             8.07
[PER-SHARE-NII]                                   0.15
[PER-SHARE-GAIN-APPREC]                           0.51
[PER-SHARE-DIVIDEND]                              0.26
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                               8.47
[EXPENSE-RATIO]                                   1.10
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>