<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000747576
<NAME> CITIFUNDS CASH RESERVES
<SERIES>
<NUMBER>011
<NAME>CITIFUNDS TRUST III
<S> <C>
<PERIOD-TYPE> year
<FISCAL-YEAR-END> AUG-31-2000
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 2,572,738,108
<INVESTMENTS-AT-VALUE> 2,572,738,108
<RECEIVABLES> 2,346,985
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,575,085,093
<PAYABLE-FOR-SECURITIES> 3,728,653
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 11,958,545
<TOTAL-LIABILITIES> 15,687,198
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,559,397,895
<SHARES-COMMON-STOCK> 2,553,408,622
<SHARES-COMMON-PRIOR> 2,586,388,113
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 2,559,397,895
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 159,126,288
<OTHER-INCOME> 0
<EXPENSES-NET> 18,420,591
<NET-INVESTMENT-INCOME> 140,705,697
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 140,705,697
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (140,705,697)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,001,044,011
<NUMBER-OF-SHARES-REDEEMED> (2,061,286,693)
<SHARES-REINVESTED> 24,757,273
<NET-CHANGE-IN-ASSETS> (35,485,409)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 21,324,170
<AVERAGE-NET-ASSETS> 2,571,488,648
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.05)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.70
</TABLE>