LM INSTITUTIONAL FUND ADVISORS I INC
NSAR-BT, 1999-05-28
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<PAGE>      PAGE  1
000 B000000 03/31/99
000 C000000 863520
000 D000000 Y
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000 I000000 3.0
000 J000000 A
001 A000000 LM INSTITUTIONAL FUND ADVISORS I, INC.
001 B000000 811-06110
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002 A000000 100 LIGHT STREET
002 B000000 BALTIMORE
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007 C010100  1
007 C020100 LMIFA I WESTERN ASSET CORE PORTFOLIO
007 C030100 N
007 C010200  2
007 C020200 LMIFA I WESTERN ASSET NON US PORTFOLIO
007 C030200 N
007 C010300  3
007 C020300 LMIFA I WESTERN ASSET INTERMEDIATE PORTFOLIO
007 C030300 N
007 C010400  4
007 C020400 LMIFA I WESTERN ASSET LIMITED DURATION PORT.
007 C030400 N
007 C010500  5
007 C020500 LMIFA I WESTERN ASSET CORE PLUS PORTFOLIO
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007 C010600  6
007 C010700  7
007 C010800  8
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007 C011000 10
008 A00AA01 WESTERN ASSET MANAGEMENT COMPANY
008 B00AA01 A
008 C00AA01 801-08162
008 D01AA01 PASADENA
008 D02AA01 CA
008 D03AA01 91105
008 A00AA02 WESTERN ASSET GLOBAL MANAGEMENT LIMITED
008 B00AA02 A
008 C00AA02 801-21068
<PAGE>      PAGE  2
008 D01AA02 LONDON
008 D05AA02 UNITED KINGDOM
008 D06AA02 EC2M3TY
011 A00AA01 LEGG MASON WOOD WALKER, INCORPORATED
011 B00AA01 8-01-6767
011 C01AA01 BALTIMORE
011 C02AA01 MD
011 C03AA01 21202
012 A00AA01 BOSTON FINANCIAL DATA SERVICES
012 B00AA01 84-00896
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02105
013 A00AA01 PRICEWATERHOUSECOOPERS, LLP.
013 B01AA01 BALTIMORE
013 B02AA01 MD
013 B03AA01 21202
014 A00AA01 LEGG MASON WOOD WALKER, INCORPORATED
014 B00AA01 8-01-6767
014 A00AA02 ARROYO SECO, INC.
014 B00AA02 8-48-671
015 A00AA01 STATE STREET BANK AND TRUST COMPANY N.A.
015 B00AA01 C
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015 C02AA01 MA
015 C03AA01 02105
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022 B000001 13-3224016
022 C000001  16318871
022 D000001    421422
022 A000002 LEHMAN GOVERNMENT SECURITIES INC.
<PAGE>      PAGE  3
022 B000002 13-2518466
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022 A000003 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
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022 A000004 LEHMAN BROTHERS
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022 A000008 DONALDSON, LUFKIN, & JENRETTE SECURITIES CORP
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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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<PAGE>      PAGE  9
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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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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  19
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<PAGE>      PAGE  20
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062 K000400   0.0
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064 B000400 N
066 A000400 N
067  000400 N
068 A000400 N
068 B000400 N
069  000400 N
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070 B020400 N
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070 C020400 Y
070 D010400 N
070 D020400 N
070 E010400 Y
070 E020400 Y
070 F010400 N
070 F020400 N
070 G010400 Y
070 G020400 Y
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
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070 J020400 Y
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070 K020400 Y
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070 L020400 Y
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<PAGE>      PAGE  21
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070 O020400 N
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070 Q020400 N
070 R010400 N
070 R020400 N
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<PAGE>      PAGE  22
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024  000500 Y
025 A000501 LEHMAN BROTHERS
025 B000501 13-2518466
025 C000501 D
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<PAGE>      PAGE  23
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<PAGE>      PAGE  24
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<PAGE>      PAGE  25
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<PAGE>      PAGE  26
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075 A001000        0
075 B001000        0
076  001000     0.00
SIGNATURE   MARIE K. KARPINSKI
TITLE       TREASURER


WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000863520
<NAME> LM INSTITUTIONAL FUND ADVISORS I, INC.
<SERIES>
   <NUMBER> 1
   <NAME> WESTERN ASSET CORE PORTFOLIO
<MULTIPLIER> 1000

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[AVG-DEBT-OUTSTANDING]                               0
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000863520
<NAME> LM INSTITUTIONAL FUND ADVISORS I, INC.
<SERIES>
   <NUMBER> 5
   <NAME> WESTERN ASSET CORE PLUS PORTFOLIO
<MULTIPLIER> 1,000

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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000863520
<NAME> LM INSTITUTIONAL FUND ADVISORS I, INC.
<SERIES>
   <NUMBER> 32
   <NAME> WESTERN ASSET INTERMEDIATE PORTFOLIO - FINANCIAL INTERMEDIAR
<MULTIPLIER> 1000

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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000863520
<NAME> LM INSTITUTIONAL FUND ADVISORS I, INC.
<SERIES>
   <NUMBER> 31
   <NAME> WESTERN ASSET INTERMEDIATE PORTFOLIO - INSTITUTIONAL SHARES
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<S>                             <C>
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[AVG-DEBT-OUTSTANDING]                               0
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000863520
<NAME> LM INSTITUTIONAL FUND ADVSIORS I, INC.
<SERIES>
   <NUMBER> 4
   <NAME> WESTERN ASSET LIMITED DURATION PORTFOLIO
<MULTIPLIER> 1000

<S>                             <C>
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

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