<PAGE> PAGE 1
000 A000000 06/30/98
000 C000000 706453
000 D000000 N
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000 J000000 A
001 A000000 MANAGED ASSETS TRUST
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008 A000002 TRAVELERS ASSET MANAGEMENT INT'L CORP.
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010 C010001 NEW YORK
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011 A000001 SMITH BARNEY INC.
011 B000001 8-81777
<PAGE> PAGE 2
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012 A000001 FIRST DATA INVESTOR SERVICES GROUP
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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SIGNATURE THOMAS M. REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000706453
[NAME] MANAGED ASSETS TRUST
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-1998
[PERIOD-END] JUN-30-1998
[INVESTMENTS-AT-COST] 191,192,091
[INVESTMENTS-AT-VALUE] 252,859,914
[RECEIVABLES] 10,241,382
[ASSETS-OTHER] 200,290
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 263,301,586
[PAYABLE-FOR-SECURITIES] 9,063,708
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 194,350
[TOTAL-LIABILITIES] 9,258,058
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 178,883,201
[SHARES-COMMON-STOCK] 13,686,204
[SHARES-COMMON-PRIOR] 12,682,454
[ACCUMULATED-NII-CURRENT] 2,795,001
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 10,806,092
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 61,559,234
[NET-ASSETS] 254,043,528
[DIVIDEND-INCOME] 1,218,557
[INTEREST-INCOME] 2,336,868
[OTHER-INCOME] 0
[EXPENSES-NET] 761,669
[NET-INVESTMENT-INCOME] 2,793,756
[REALIZED-GAINS-CURRENT] 10,931,032
[APPREC-INCREASE-CURRENT] 14,999,831
[NET-CHANGE-FROM-OPS] 28,724,619
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 6,013,063
[DISTRIBUTIONS-OF-GAINS] 11,032,713
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 381,050
[NUMBER-OF-SHARES-REDEEMED] 299,168
[SHARES-REINVESTED] 921,868
[NET-CHANGE-IN-ASSETS] 30,173,248
[ACCUMULATED-NII-PRIOR] 6,032,308
[ACCUMULATED-GAINS-PRIOR] 10,907,773
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 597,471
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 761,669
[AVERAGE-NET-ASSETS] 241,135,590
[PER-SHARE-NAV-BEGIN] 17.65
[PER-SHARE-NII] 00.20
[PER-SHARE-GAIN-APPREC] 02.05
[PER-SHARE-DIVIDEND] 00.47
[PER-SHARE-DISTRIBUTIONS] 00.87
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 18.56
[EXPENSE-RATIO] 00.64
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>