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<PAGE> PAGE 2
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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
070 L020100 N
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<PAGE> PAGE 9
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015 A000301 INVESTORS BANK & TRUST COMPANY
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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SIGNATURE LEWIS DAIDONE
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from The Salomon Brothers Institutional Seri
Inc form N-SAR for the period ended August 31, 1998 an
is qualified in its entirety by reference to such fina
statements.
</LEGEND>
<SERIES>
<NUMBER> 01
<NAME> Institutional High Yield Bond Fund
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</TABLE>
<TABLE> <S> <C>
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<LEGEND>
This schedule contains summary financial information
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Funds Inc form N-SAR for the period ended August 31, 1
qualified in its entirety by reference to such financi
statements.
</LEGEND>
<SERIES>
<NUMBER> 03
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</TABLE>