-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 UW4AddteLcUKKXkGDY1+9DsBuZf6xPiDqi/2u4zqPkVAj/2Yko0unrfgQFiGxqxA
 jY2ovgOMCkzx4qD9qmqLUA==

<SEC-DOCUMENT>0000091155-98-000022.txt : 19980114
<SEC-HEADER>0000091155-98-000022.hdr.sgml : 19980114
ACCESSION NUMBER:		0000091155-98-000022
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19980113
SROS:			NONE

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CONSULTING GROUP CAPITAL MARKETS FUNDS
		CENTRAL INDEX KEY:			0000875186
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-40823
		FILM NUMBER:		98505836

	BUSINESS ADDRESS:	
		STREET 1:		222 DELAWARE AVENUE 9TH FLOOR
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19801
		BUSINESS PHONE:		3028884104

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TRUST FOR TRAK INVESTMENTS
		DATE OF NAME CHANGE:	19920929

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INSTITUTIONAL ADVISORS PORTFOLIOS
		DATE OF NAME CHANGE:	19600201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY APPRECIATION FUND INC
		CENTRAL INDEX KEY:			0000089558
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				132653031
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-34576
		FILM NUMBER:		98505837

	BUSINESS ADDRESS:	
		STREET 1:		TWO WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		6175731332

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY SHEARSON APPRECIATION FUND INC
		DATE OF NAME CHANGE:	19931015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS APPRECIATION FUND INC
		DATE OF NAME CHANGE:	19930326

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN APPRECIATION FUND INC/MD/
		DATE OF NAME CHANGE:	19930326

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY FUNDS INC
		CENTRAL INDEX KEY:			0000091157
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				132583041
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-25890
		FILM NUMBER:		98505838

	BUSINESS ADDRESS:	
		STREET 1:		1345 AVE OF THE AMERICAS - 22ND FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10105
		BUSINESS PHONE:		2126985344

	MAIL ADDRESS:	
		STREET 1:		388 GREENWICH ST
		STREET 2:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY INCOME & GROWTH FUND INC
		DATE OF NAME CHANGE:	19840815

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MOODYS FUND INC
		DATE OF NAME CHANGE:	19720512

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY MONEY FUNDS INC
		CENTRAL INDEX KEY:			0000275811
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				132788602
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-51301
		FILM NUMBER:		98505839

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		2126985344

	MAIL ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NATIONAL LIQUID RESERVES INC
		DATE OF NAME CHANGE:	19910711

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY MANAGED MUNICIPALS FUND INC
		CENTRAL INDEX KEY:			0000319460
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133059345
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0228

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-69308
		FILM NUMBER:		98505840

	BUSINESS ADDRESS:	
		STREET 1:		2 WORLD TRADE CENTER 101ST FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		6172486082

	MAIL ADDRESS:	
		STREET 1:		NULL

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY SHEARSON MANAGED MUNICIPALS FUND INC
		DATE OF NAME CHANGE:	19931203

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS MANAGED MUNICIPALS FUND INC
		DATE OF NAME CHANGE:	19930326

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS MANAGED MUNICIPALS FUND
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY MUNICIPAL MONEY MARKET FUND INC
		CENTRAL INDEX KEY:			0000320282
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133043472
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-69938
		FILM NUMBER:		98505841

	BUSINESS ADDRESS:	
		STREET 1:		1345 AVE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10105
		BUSINESS PHONE:		2126985344

	MAIL ADDRESS:	
		STREET 1:		388 GREENWICH ST
		STREET 2:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY TAX FREE MONEY FUNDS INC
		DATE OF NAME CHANGE:	19940701

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY SHEARSON DAILY TAX FREE DIVIDEND INC
		DATE OF NAME CHANGE:	19931213

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY TAX FREE MONEY FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY SHEARSON FUNDAMENTAL VALUE FUND INC
		CENTRAL INDEX KEY:			0000351934
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				911146641
		STATE OF INCORPORATION:			WA
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-71469
		FILM NUMBER:		98505842

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		STREET 2:		NULL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		2128166550

	MAIL ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS FUNDAMENTAL VALUE FUND INC
		DATE OF NAME CHANGE:	19930326

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SLH FUNDAMENTAL VALUE FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN FUNDAMENTAL VALUE FUND INC
		DATE OF NAME CHANGE:	19881218

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY SHEARSON INVESTMENT FUNDS INC
		CENTRAL INDEX KEY:			0000355747
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133089608
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-74288
		FILM NUMBER:		98505843

	BUSINESS ADDRESS:	
		STREET 1:		TWO WORLD ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		6172483477

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SLH INVESTMENT PORTFOLIOS INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HUTTON INVESTMENT SERIES INC
		DATE OF NAME CHANGE:	19890310

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HUTTON E F INVESTMENT SERIES INC
		DATE OF NAME CHANGE:	19820722

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY SHEARSON AGGRESSIVE GROWTH FUND INC
		CENTRAL INDEX KEY:			0000720506
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				061088990
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-84199
		FILM NUMBER:		98505844

	BUSINESS ADDRESS:	
		STREET 1:		TWO WORLD TRADE CENTER 100TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		6175731332

	MAIL ADDRESS:	
		STREET 1:		NULL

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS AGGRESSIVE GROWTH FUND INC
		DATE OF NAME CHANGE:	19930326

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN AGGRESSIVE GROWTH FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON AGGRESSIVE GROWTH FUND INC
		DATE OF NAME CHANGE:	19880509

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY SHEARSON TELECOMMUNICATIONS TRUST
		CENTRAL INDEX KEY:			0000721648
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-86519
		FILM NUMBER:		98505845

	BUSINESS ADDRESS:	
		STREET 1:		TWO WORLD TRADE CENTER
		STREET 2:		/O CHRISTINA HAAGE
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		6175731332

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS TELECOMMUNICATIONS TRUST
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SLH TELECOMMUNICATIONS TRUST
		DATE OF NAME CHANGE:	19910306

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN TELECOMMUNICATIONS TRUST
		DATE OF NAME CHANGE:	19900228

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY CALIFORNIA MUNICIPALS FUNDS INC
		CENTRAL INDEX KEY:			0000740871
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0228

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-89548
		FILM NUMBER:		98505846

	BUSINESS ADDRESS:	
		STREET 1:		TWO WORLD TRADE CENTER 100TH FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		6175731283

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY SHEARSON CALIFORNIA MUNICIPALS FUND INC
		DATE OF NAME CHANGE:	19931015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS CALIFORNIA MUNICIPALS FUND INC
		DATE OF NAME CHANGE:	19930326

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SLH CALIFORNIA MUNICIPALS FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY SHEARSON MANAGED GOVERNMENTS FUND INC
		CENTRAL INDEX KEY:			0000748826
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133227583
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-91948
		FILM NUMBER:		98505847

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		STREET 2:		22ND FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		6175731283

	MAIL ADDRESS:	
		STREET 1:		NULL

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS MANAGED GOVERNMENTS FUND INC
		DATE OF NAME CHANGE:	19930331

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN MANAGED GOVERNMENTS INC /MD/
		DATE OF NAME CHANGE:	19930326

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON MANAGED GOVERNMENTS INC
		DATE OF NAME CHANGE:	19881229

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY INCOME FUNDS
		CENTRAL INDEX KEY:			0000764624
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0731

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-96408
		FILM NUMBER:		98505848

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		STREET 2:		22ND FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		2124648068

	MAIL ADDRESS:	
		STREET 1:		2 WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY SHEARSON INCOME FUNDS
		DATE OF NAME CHANGE:	19931015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS INCOME FUNDS
		DATE OF NAME CHANGE:	19930331

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SLH INCOME PORTFOLIOS /NY/
		DATE OF NAME CHANGE:	19910801

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY MUNI FUNDS
		CENTRAL INDEX KEY:			0000775370
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				136861405
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	002-99861
		FILM NUMBER:		98505849

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		2128166550

	MAIL ADDRESS:	
		STREET 1:		388 GREENWICH ST
		STREET 2:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY MUNI BOND FUNDS
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MUNI BOND FUNDS
		DATE OF NAME CHANGE:	19910804

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TEST MANAGED MUNICIPAL BOND FUNDS
		DATE OF NAME CHANGE:	19860626

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ITALY FUND INC
		CENTRAL INDEX KEY:			0000785855
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-02285
		FILM NUMBER:		98505850

	BUSINESS ADDRESS:	
		STREET 1:		TWO WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		6175731332

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY EQUITY FUNDS
		CENTRAL INDEX KEY:			0000787514
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-02627
		FILM NUMBER:		98505851

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH ST
		STREET 2:		NULL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		6175731332

	MAIL ADDRESS:	
		STREET 1:		NULL

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY SHEARSON EQUITY FUNDS
		DATE OF NAME CHANGE:	19931015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS EQUITY FUNDS
		DATE OF NAME CHANGE:	19930331

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS SPECIAL EQUITIES PORTFOLIO
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY NATURAL RESOURCES FUND INC
		CENTRAL INDEX KEY:			0000797480
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133444708
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-07339
		FILM NUMBER:		98505852

	BUSINESS ADDRESS:	
		STREET 1:		TWO WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		2124648068

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY SHEARSON PRECIOUS METALS & MINERAL FUND INC
		DATE OF NAME CHANGE:	19931015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS PRECIOUS METALS & MINERALS FUND INC
		DATE OF NAME CHANGE:	19930328

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SLH PRECIOUS METALS & MINERALS FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY VARIABLE ACCOUNT FUNDS
		CENTRAL INDEX KEY:			0000808244
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133537326
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-10830
		FILM NUMBER:		98505853

	BUSINESS ADDRESS:	
		STREET 1:		1345 AVE OF THE AMERICAS - 22ND FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10105
		BUSINESS PHONE:		2126985344

	MAIL ADDRESS:	
		STREET 2:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY VARIABLE ACCOUNT FUND
		DATE OF NAME CHANGE:	19880121

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CALIFORNIA TAX EXEMPT FUNDS
		DATE OF NAME CHANGE:	19870629

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY MASSACHUSETTS MUNICIPALS FUND
		CENTRAL INDEX KEY:			0000809846
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-11417
		FILM NUMBER:		98505854

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		6172486178

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY SHEARSON MASSACHUSETTS MUNICIPAL FUND
		DATE OF NAME CHANGE:	19931015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS MASSACHUSETTS MUNICIPALS FUND
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SLH MASSACHUSETTS MUNICIPALS FUND
		DATE OF NAME CHANGE:	19910130

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY ARIZONA MUNICIPALS FUNDS INC
		CENTRAL INDEX KEY:			0000811706
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-12792
		FILM NUMBER:		98505855

	BUSINESS ADDRESS:	
		STREET 1:		TWO WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		6172486084

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY SHEARSON ARIZONA MUNICIPALS FUND INC
		DATE OF NAME CHANGE:	19931015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS ARIZONA MUNICIPALS FUND INC
		DATE OF NAME CHANGE:	19930331

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SLH MUNICIPALS SERIES FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY SHEARSON NEW JERSEY MUNICIPALS FUND INC
		CENTRAL INDEX KEY:			0000825629
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-18779
		FILM NUMBER:		98505856

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		STREET 2:		NULL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		2128166550

	MAIL ADDRESS:	
		STREET 1:		NULL

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS NEW JERSEY MUNICIPALS FUND INC
		DATE OF NAME CHANGE:	19930331

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SLH NEW JERSEY MUNICIPALS FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN NEW JERSEY MUNICIPALS INC
		DATE OF NAME CHANGE:	19890405

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ZENIX INCOME FUND INC
		CENTRAL INDEX KEY:			0000830142
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-20342
		FILM NUMBER:		98505857

	BUSINESS ADDRESS:	
		STREET 1:		TWO WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		2128166550

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ZENITH INCOME FUND INC
		DATE OF NAME CHANGE:	19891203

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MUNICIPAL HIGH INCOME FUND INC
		CENTRAL INDEX KEY:			0000830487
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-20507
		FILM NUMBER:		98505858

	BUSINESS ADDRESS:	
		STREET 1:		2 WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		6175731240

	MAIL ADDRESS:	
		STREET 1:		TWO WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SPECIAL OPPORTUNITIES MUNICIPAL FUND INC
		DATE OF NAME CHANGE:	19881025

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY PRINCIPAL RETURN FUND
		CENTRAL INDEX KEY:			0000841489
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-25087
		FILM NUMBER:		98505859

	BUSINESS ADDRESS:	
		STREET 1:		TWO WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		2125734624

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY SHEARSON PRINCIPAL RETURN FUND
		DATE OF NAME CHANGE:	19931015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS PRINCIPAL RETURN FUND
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SLH PRINCIPAL RETURN FUND
		DATE OF NAME CHANGE:	19901014

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY DISCIPLINED SMALL CAP FUND INC
		CENTRAL INDEX KEY:			0000856343
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133540130
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	333-25499
		FILM NUMBER:		98505860

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		2128166474

	MAIL ADDRESS:	
		STREET 2:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INEFFICIENT MARKET FUND INC
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY WORLD FUNDS INC
		CENTRAL INDEX KEY:			0000873637
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133610321
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-39564
		FILM NUMBER:		98505861

	BUSINESS ADDRESS:	
		STREET 1:		1345 AVE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10105
		BUSINESS PHONE:		2126985344

	MAIL ADDRESS:	
		STREET 2:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY WORLDWIDE FUNDS INC
		DATE OF NAME CHANGE:	19600201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GREENWICH STREET SERIES FUND
		CENTRAL INDEX KEY:			0000874835
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-40603
		FILM NUMBER:		98505862

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		2128166586

	MAIL ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON SERIES FUND
		DATE OF NAME CHANGE:	19920929

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY INVESTMENT TRUST
		CENTRAL INDEX KEY:			0000880366
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-43446
		FILM NUMBER:		98505863

	BUSINESS ADDRESS:	
		STREET 1:		388 GRENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		2127239218

	MAIL ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY SHEARSON INCOME TRUST
		DATE OF NAME CHANGE:	19931213

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS INCOME TRUST
		DATE OF NAME CHANGE:	19920929

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS INTERMEDIATE TERM TRUST
		DATE OF NAME CHANGE:	19600201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY INTERMEDIATE MUNICIPAL FUND INC
		CENTRAL INDEX KEY:			0000882300
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133643581
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-44639
		FILM NUMBER:		98505864

	BUSINESS ADDRESS:	
		STREET 1:		1345 AVE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10105
		BUSINESS PHONE:		2126985344

	MAIL ADDRESS:	
		STREET 2:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY INTERMEDIATE QUALITY MUNICIPAL FUND INC
		DATE OF NAME CHANGE:	19600201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MANAGED MUNICIPALS PORTFOLIO INC
		CENTRAL INDEX KEY:			0000886043
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-47116
		FILM NUMBER:		98505865

	BUSINESS ADDRESS:	
		STREET 1:		TWO WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		2124648068

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY ADJUSTABLE RATE GOVERNMENT INCOME FUND
		CENTRAL INDEX KEY:			0000887428
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-47782
		FILM NUMBER:		98505866

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		2124648068

	MAIL ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY SHEARSON ADJUSTABLE RATE GOVERNMENT INCOME FD
		DATE OF NAME CHANGE:	19931015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN BROTHERS ADJUSTABLE RATE GOVT INCOME FUND
		DATE OF NAME CHANGE:	19920929

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY MUNICIPAL FUND INC
		CENTRAL INDEX KEY:			0000888127
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133670392
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-48166
		FILM NUMBER:		98505867

	BUSINESS ADDRESS:	
		STREET 1:		1345 AVE OF THE AMERICAS
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10105
		BUSINESS PHONE:		2126985344

	MAIL ADDRESS:	
		STREET 2:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MANAGED MUNICIPALS PORTFOLIO II INC
		CENTRAL INDEX KEY:			0000890068
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133680316
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-49982
		FILM NUMBER:		98505868

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		2124648068

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MANAGED HIGH INCOME PORTFOLIO INC
		CENTRAL INDEX KEY:			0000895523
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133702270
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-56408
		FILM NUMBER:		98505869

	BUSINESS ADDRESS:	
		STREET 1:		TWO WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		2124648068

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MANAGED HIGH YIELD PORTFOLIO INC
		DATE OF NAME CHANGE:	19600201

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GREENWICH STREET MUNICIPAL FUND INC
		CENTRAL INDEX KEY:			0000897800
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-58610
		FILM NUMBER:		98505870

	BUSINESS ADDRESS:	
		STREET 1:		TWO WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		2122987315

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MUNICIPAL OPPORTUNITY FUND INC
		DATE OF NAME CHANGE:	19930714

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HIGH INCOME OPPORTUNITY FUND INC
		CENTRAL INDEX KEY:			0000910068
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		IRS NUMBER:				133735236
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-66770
		FILM NUMBER:		98505871

	BUSINESS ADDRESS:	
		STREET 1:		1345 AVE OF THE AMERICAS
		STREET 2:		22ND FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10105
		BUSINESS PHONE:		2126985344

	MAIL ADDRESS:	
		STREET 1:		388 GREENWICH ST
		STREET 2:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY HIGH INCOME OPPORTUNITY FUND INC
		DATE OF NAME CHANGE:	19930913

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY HIGH INCOME FUND INC
		DATE OF NAME CHANGE:	19930802

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY TRAVELERS SERIES FUND INC
		CENTRAL INDEX KEY:			0000919557
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		IRS NUMBER:				133767311
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-75644
		FILM NUMBER:		98505872

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		212-816-6474

	MAIL ADDRESS:	
		STREET 2:		388 GREENWICH ST
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SBA VARIABLE PRODUCTS SERIES FUND INC
		DATE OF NAME CHANGE:	19940228

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY SHEARSON OREGON MUNICIPAL FUND
		CENTRAL INDEX KEY:			0000920058
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-52643
		FILM NUMBER:		98505873

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH STRET
		STREET 2:		EXCHANGE PLACE 53 STATE STRET 025-0048
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		6172483477

	MAIL ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		STREET 2:		EXCHANGE PLACE 53 STATE STREET 025-0048
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GREENWICH STREET CALIFORNIA MUNICIPAL FUND INC
		CENTRAL INDEX KEY:			0000926505
		STANDARD INDUSTRIAL CLASSIFICATION:	 []
		IRS NUMBER:				133781519
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-54549
		FILM NUMBER:		98505874

	BUSINESS ADDRESS:	
		STREET 1:		C/O SMITH BARNEY INC
		STREET 2:		388 GREENWICH ST 22ND FL
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		212-816-6550

	MAIL ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY INSTITUTIONAL CASH MANAGEMENT FUND INC
		CENTRAL INDEX KEY:			0000943309
		STANDARD INDUSTRIAL CLASSIFICATION:	 []

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-90952
		FILM NUMBER:		98505875

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		2128166586

	MAIL ADDRESS:	
		STREET 1:		388 GREENWICH STREET
		STREET 2:		388 GREENWICH STREET
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SMITH BARNEY CONCERT SERIES INC
		CENTRAL INDEX KEY:			0001000077
		STANDARD INDUSTRIAL CLASSIFICATION:	 []

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		
		SEC FILE NUMBER:	033-64457
		FILM NUMBER:		98505876

	BUSINESS ADDRESS:	
		STREET 1:		388 GREENWICH ST
		STREET 2:		C/O SMITH BARNEY INC
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10013
		BUSINESS PHONE:		2128166474

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SMITH BARNEY CARDINAL INVESTMENT FUND INC
		DATE OF NAME CHANGE:	19950830
</SEC-HEADER>
<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<TEXT>



CONSULTING GROUP CAPITAL MARKETS FUND
GREENWICH STREET CALIFORNIA MUNICIPAL FUND INC.
GREENWICH STREET MUNICIPAL FUND INC.
GREENWICH STREET SERIES FUND
HIGH INCOME OPPORTUNITY FUND INC.
THE ITALY FUND INC.
MANAGED HIGH INCOME PORTFOLIO INC.
MANAGED MUNICIPALS PORTFOLIO II INC.
MANAGED MUNICIPALS PORTFOLIO INC.
MUNICIPAL HIGH INCOME FUND INC.
SMITH BARNEY ADJUSTABLE RATE GOVERNMENT INCOME FUND
SMITH BARNEY AGGRESSIVE GROWTH FUND INC.
SMITH BARNEY APPRECIATION FUND INC.
SMITH BARNEY ARIZONA MUNICIPALS FUND INC.
SMITH BARNEY CALIFORNIA MUNICIPALS FUND INC.
SMITH BARNEY CONCERT ALLOCATION SERIES INC.
SMITH BARNEY DISCIPLINED SMALL CAP FUND, INC.
SMITH BARNEY EQUITY FUNDS
SMITH BARNEY FUNDAMENTAL VALUE FUND INC.
SMITH BARNEY FUNDS, INC.
SMITH BARNEY INCOME FUNDS
SMITH BARNEY INSTITUTIONAL CASH MANAGEMENT FUND, INC.
SMITH BARNEY INTERMEDIATE MUNICIPAL FUND, INC.
SMITH BARNEY INVESTMENT FUNDS INC.
SMITH BARNEY INVESTMENT TRUST
SMITH BARNEY MANAGED GOVERNMENTS FUND INC.
SMITH BARNEY MANAGED MUNICIPALS FUND INC.
SMITH BARNEY MASSACHUSETTS MUNICIPALS FUND
SMITH BARNEY MONEY FUNDS, INC.
SMITH BARNEY MUNI FUNDS
SMITH BARNEY MUNICIPAL FUND, INC.
SMITH BARNEY MUNCIPAL MONEY MARKET FUND, INC.
SMITH BARNEY NATURAL RESOURCES FUND INC.
SMITH BARNEY NEW JERSEY MUNICIPALS FUND, INC.
SMITH BARNEY OREGON MUNICIPALS FUND
SMITH BARNEY PRINCIPAL RETURN FUND
SMITH BARNEY TELECOMMUNICATIONS TRUST
SMITH BARNEY VARIABLE ACCOUNT FUNDS
SMITH BARNEY WORLD FUNDS, INC.
TRAVELERS SERIES FUND INC.
ZENIX INCOME FUND INC.

	SUPPLEMENT DATED JANUARY 13, 1998 TO PROSPECTUSES*

						________________________

	Smith Barney Mutual Funds Management Inc. ("SBMFM"), each Fund's 
investment manager and/or administrator, has changed its name to Mutual 
Management Corp., effective January 12, 1998.




- ------------
*Prospectuses dated:


CONSULTING GROUP CAPITAL MARKETS FUND		December 29, 1997
GREENWICH STREET CALIFORNIA MUNICIPAL FUND INC.	December 31, 1997
GREENWICH STREET MUNICIPAL FUND INC.			September 26,1997
GREENWICH STREET SERIES FUND				April 29, 1997
HIGH INCOME OPPORTUNITY FUND INC.			January 31, 1997
THE ITALY FUND INC.							N/A
MANAGED HIGH INCOME PORTFOLIO INC.			June 27, 1997
MANAGED MUNICIPALS PORTFOLIO II INC.			December 31, 1997
MANAGED MUNICIPALS PORTFOLIO INC.			September 26, 1997
MUNICIPAL HIGH INCOME FUND INC.				January 15,1997
SMITH BARNEY ADJUSTABLE RATE GOVERNMENT INCOME FUND	September 26, 1997
SMITH BARNEY AGGRESSIVE GROWTH FUND INC.		December 29, 1997
SMITH BARNEY APPRECIATION FUND INC.			April 29, 1997
SMITH BARNEY ARIZONA MUNICIPALS FUND INC.		September 26, 1997
SMITH BARNEY CALIFORNIA MUNICIPALS FUND INC.	June 27, 1997
SMITH BARNEY CONCERT ALLOCATION SERIES INC.		May 30, 1997
SMITH BARNEY DISCIPLINED SMALL CAP FUND, INC.	June 23, 1997
SMITH BARNEY EQUITY FUNDS				May 31, 1997
SMITH BARNEY FUNDAMENTAL VALUE FUND INC.		January 27, 1997
SMITH BARNEY FUNDS, INC.					April 30, 1997
SMITH BARNEY INCOME FUNDS				November 28, 1997
SMITH BARNEY INSTITUTIONAL CASH MANAGEMENT FUND, INC.	September 26, 1997
SMITH BARNEY INTERMEDIATE MUNICIPAL FUND, INC.	April 30, 1997
SMITH BARNEY INVESTMENT FUNDS INC.			April 30, 1997
SMITH BARNEY INVESTMENT TRUST				March 25, 1997
SMITH BARNEY MANAGED GOVERNMENTS FUND INC.	November 28, 1997
SMITH BARNEY MANAGED MUNICIPALS FUND INC.		June 25, 1997
SMITH BARNEY MASSACHUSETTS MUNICIPALS FUND	March 28, 1997
SMITH BARNEY MONEY FUNDS, INC.				April 30, 1997
SMITH BARNEY MUNI FUNDS					July 29, 1997
SMITH BARNEY MUNICIPAL FUND, INC.			April 30, 1997
SMITH BARNEY MUNCIPAL MONEY MARKET FUND, INC.	July 29, 1997
SMITH BARNEY NATURAL RESOURCES FUND INC.		February 20, 1997
SMITH BARNEY NEW JERSEY MUNICIPALS FUND, INC.	July 29, 1997
SMITH BARNEY OREGON MUNICIPALS FUND			August 28, 1997
SMITH BARNEY PRINCIPAL RETURN FUND			April 30, 1997
SMITH BARNEY TELECOMMUNICATIONS TRUST		April 30, 1997
SMITH BARNEY VARIABLE ACCOUNT FUNDS			April 30, 1997
SMITH BARNEY WORLD FUNDS, INC.				February 28, 1997
TRAVELERS SERIES FUND INC.				February 28, 1997
ZENIX INCOME FUND INC.					N/A



FD 01382


u:\legal\users\0198.pch



</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
