UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2008
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Smith Barney Fund Management, LLC
Address: 620 8th Avenue
New York, NY 10018
13F File Number: 28-4024
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Terrence Murphy
Title: Chief Operating Officer
Phone: 212-805-2112
Signature, Place, and Date of Signing:
Terrence Murphy New York, NY August 14, 2008
Report Type (Check only one.):
[ X] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form13F Information Table Entry Total: 53
Form13F Information Table Value Total: $44,319 (thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional managers with respect to which this report is filed, other
than the manager filing this report.
No. 13F File Number Name
1 28-1700 Legg Mason, Inc.
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
ABBOTT LABS COM 002824100 779 14700 SH DEFINED 1 14700 0 0
AFLAC INC COM 001055102 635 10100 SH DEFINED 1 10100 0 0
AIR PRODS & CHEMS INC COM 009158106 805 8140 SH DEFINED 1 8140 0 0
ALTRIA GROUP INC COM 02209S103 556 27000 SH DEFINED 1 27000 0 0
AMERICAN EXPRESS CO COM 025816109 820 21750 SH DEFINED 1 21750 0 0
AMERICAN INTL GROUP INC COM 026874107 323 12200 SH DEFINED 1 12200 0 0
AT&T INC COM 00206R102 1860 55185 SH DEFINED 1 55185 0 0
AVERY DENNISON CORP COM 053611109 572 13000 SH DEFINED 1 13000 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 461 12164 SH DEFINED 1 12164 0 0
BOEING CO COM 097023105 461 7000 SH DEFINED 1 7000 0 0
CAPITAL ONE FINL CORP COM 14040H105 844 22200 SH DEFINED 1 22200 0 0
CHUBB CORP COM 171232101 660 13460 SH DEFINED 1 13460 0 0
DEVON ENERGY CORP NEW COM 25179M103 523 4350 SH DEFINED 1 4350 0 0
DISH NETWORK CORP CL A 25470M109 902 30800 SH DEFINED 1 30800 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 841 19600 SH DEFINED 1 19600 0 0
ECHOSTAR CORP CL A 278768106 142 4540 SH DEFINED 1 4540 0 0
EMBARQ CORP COM 29078E105 1029 21757 SH DEFINED 1 21757 0 0
GENERAL ELECTRIC CO COM 369604103 1247 46700 SH DEFINED 1 46700 0 0
HALLIBURTON CO COM 406216101 754 14200 SH DEFINED 1 14200 0 0
HOME DEPOT INC COM 437076102 588 25100 SH DEFINED 1 25100 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 783 6600 SH DEFINED 1 6600 0 0
JP MORGAN CHASE & CO COM 46625H100 1002 29200 SH DEFINED 1 29200 0 0
KIMBERLY CLARK CORP COM 494368103 1316 22000 SH DEFINED 1 22000 0 0
KRAFT FOODS INC CL A 50075N104 838 29445 SH DEFINED 1 29445 0 0
LIBERTY MEDIA CORP NEW ENT COM SER A 53071M500 890 36700 SH DEFINED 1 36700 0 0
LIBERTY MEDIA CORP NEW INT COM SER A 53071M104 554 37492 SH DEFINED 1 37492 0 0
LOEWS CORP COM 540424108 1689 36000 SH DEFINED 1 36000 0 0
MARSH & MCLENNAN COS INC COM 571748102 683 25690 SH DEFINED 1 25690 0 0
MCDONALDS CORP COM 580135101 1226 21800 SH DEFINED 1 21800 0 0
MERRILL LYNCH & CO INC COM 590188108 403 12680 SH DEFINED 1 12680 0 0
MICROSOFT CORP COM 594918104 592 21500 SH DEFINED 1 21500 0 0
NEWS CORP CL B 65248E203 912 59400 SH DEFINED 1 59400 0 0
NORTEL NETWORKS CORP NEW COM NEW 656568508 124 14966 SH DEFINED 1 14966 0 0
NOVARTIS A G SPONSORED ADR 66987V109 959 17420 SH DEFINED 1 17420 0 0
PHILIP MORRIS INTL INC COM 718172109 1413 28600 SH DEFINED 1 28600 0 0
RAYTHEON CO COM NEW 755111507 845 15000 SH DEFINED 1 15000 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 1030 12600 SH DEFINED 1 12600 0 0
SCRIPPS E W CO OHIO CL A 811054204 744 17900 SH DEFINED 1 17900 0 0
SEMPRA ENERGY COM 816851109 1389 24600 SH DEFINED 1 24600 0 0
SPRINT NEXTEL CORP COM SER 1 852061100 644 67685 SH DEFINED 1 67685 0 0
SUNCOR ENERGY INC COM 867229106 878 15094 SH DEFINED 1 15094 0 0
TARGET CORP COM 87612E106 507 10900 SH DEFINED 1 10900 0 0
TEXAS INSTRS INC COM 882508104 758 26900 SH DEFINED 1 26900 0 0
TEXTRON INC COM 883203101 580 12100 SH DEFINED 1 12100 0 0
TIME WARNER INC COM 887317105 997 67300 SH DEFINED 1 67300 0 0
TOTAL S A SPONSORED ADR 89151E109 2200 25800 SH DEFINED 1 25800 0 0
TRANSOCEAN INC NEW SHS G90073100 1314 8619 SH DEFINED 1 8619 0 0
TRAVELERS COMPANIES INC COM 89417E109 717 16500 SH DEFINED 1 16500 0 0
UNITED TECHNOLOGIES CORP COM 913017109 667 10800 SH DEFINED 1 10800 0 0
UNITEDHEALTH GROUP INC COM 91324P102 363 13800 SH DEFINED 1 13800 0 0
WAL MART STORES INC COM 931142103 1422 25300 SH DEFINED 1 25300 0 0
WELLPOINT INC COM 94973V107 496 10400 SH DEFINED 1 10400 0 0
WELLS FARGO & CO NEW COM 949746101 582 24500 SH DEFINED 1 24500 0 0