FORM 13F Cover Page Report for the Calendar Year or Quarter Ended: June 30, 2006 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: 399 Park Avenue New York, New York 10022 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. Name: Thomas C. Mandia Title: Secretary Phone: 203-961-7038 Signature Place Date of Signing _____________________________________________________________________________ /s/Thomas C. Mandia New York, New York July 14, 2006 Report Type (check only one) [ ] 13F HOLDINGS REPORT [ X ] 13F NOTICE [ ] 13F COMBINATION REPORT List of other managers reporting for this manager: 28-1700 Legg Mason, Inc. I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: N/A Number of Other Included Managers: N/A Form 13F Information Table Entry Total: N/A Form 13F Information Table Value Total: N/A List of Other Included Managers: N/A