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<PAGE> PAGE 4
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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 13
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<PAGE> PAGE 14
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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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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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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074 W001000 0.0000
074 X001000 69
074 Y001000 0
075 A001000 0
075 B001000 414271
076 001000 0.00
013 A001101 KPMG PEAT MARWICK LLP
013 B011101 NEW YORK
013 B021101 NY
013 B031101 10013
028 A011100 30591
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028 A031100 0
028 A041100 13628
028 B011100 33505
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028 B031100 0
028 B041100 13375
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028 C031100 0
028 C041100 15566
028 D011100 28095
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028 D031100 0
028 D041100 11419
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028 E031100 0
028 E041100 16665
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028 F041100 14685
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028 G021100 0
<PAGE> PAGE 42
028 G031100 0
028 G041100 85338
028 H001100 0
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042 C001100 0
042 D001100 0
042 E001100 0
042 F001100 0
042 G001100 0
042 H001100 0
043 001100 0
044 001100 0
062 A001100 N
062 B001100 0.0
062 C001100 0.0
062 D001100 0.0
062 E001100 0.0
062 F001100 0.0
062 G001100 0.0
062 H001100 0.0
062 I001100 0.0
062 J001100 0.0
062 K001100 0.0
062 L001100 0.0
062 M001100 0.0
062 N001100 0.0
062 O001100 0.0
062 P001100 0.0
062 Q001100 0.0
062 R001100 0.0
066 A001100 Y
066 C001100 Y
067 001100 N
068 A001100 N
068 B001100 Y
069 001100 N
070 A011100 Y
070 A021100 Y
070 B011100 Y
070 B021100 N
070 C011100 Y
070 C021100 N
070 D011100 Y
070 D021100 N
070 E011100 Y
070 E021100 N
070 F011100 Y
070 F021100 Y
070 G011100 Y
070 G021100 N
<PAGE> PAGE 43
070 H011100 Y
070 H021100 N
070 I011100 N
070 I021100 N
070 J011100 Y
070 J021100 N
070 K011100 N
070 K021100 N
070 L011100 Y
070 L021100 Y
070 M011100 Y
070 M021100 Y
070 N011100 Y
070 N021100 N
070 O011100 Y
070 O021100 N
070 P011100 N
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 N
070 R021100 N
071 A001100 552953
071 B001100 362815
071 C001100 730330
071 D001100 50
072 A001100 12
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072 C001100 3449
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072 E001100 0
072 F001100 4206
072 G001100 1509
072 H001100 0
072 I001100 808
072 J001100 636
072 K001100 25
072 L001100 0
072 M001100 24
072 N001100 120
072 O001100 1
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072 Q001100 0
072 R001100 21
072 S001100 8
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072 V001100 0
072 W001100 117
072 X001100 7491
072 Y001100 0
<PAGE> PAGE 44
072 Z001100 -916
072AA001100 73317
072BB001100 0
072CC011100 0
072CC021100 45905
072DD011100 11321
072DD021100 0
072EE001100 17963
073 A011100 0.1747
073 A021100 0.0000
073 B001100 0.2772
073 C001100 0.0000
074 A001100 10254
074 B001100 45653
074 C001100 0
074 D001100 159
074 E001100 0
074 F001100 788401
074 G001100 0
074 H001100 0
074 I001100 0
074 J001100 0
074 K001100 0
074 L001100 10880
074 M001100 19
074 N001100 855366
074 O001100 8835
074 P001100 527
074 Q001100 0
074 R011100 0
074 R021100 0
074 R031100 0
074 R041100 2274
074 S001100 0
074 T001100 843730
074 U011100 80446
074 U021100 0
074 V011100 10.49
074 V021100 0.00
074 W001100 0.0000
074 X001100 0
074 Y001100 4843
075 A001100 0
075 B001100 749431
076 001100 0.00
013 A001201 KPMG PEAT MARWICK LLP
013 B011201 NEW YORK
013 B021201 NY
013 B031201 10013
028 A011200 4644
028 A021200 0
<PAGE> PAGE 45
028 A031200 0
028 A041200 2206
028 B011200 3973
028 B021200 0
028 B031200 0
028 B041200 2704
028 C011200 2921
028 C021200 0
028 C031200 0
028 C041200 3911
028 D011200 3093
028 D021200 0
028 D031200 0
028 D041200 2797
028 E011200 2556
028 E021200 0
028 E031200 0
028 E041200 4020
028 F011200 3074
028 F021200 0
028 F031200 0
028 F041200 2786
028 G011200 20261
028 G021200 0
028 G031200 0
028 G041200 18424
028 H001200 0
042 A001200 0
042 B001200 0
042 C001200 0
042 D001200 0
042 E001200 0
042 F001200 0
042 G001200 0
042 H001200 0
043 001200 0
044 001200 0
062 A001200 Y
062 B001200 0.0
062 C001200 0.0
062 D001200 1.6
062 E001200 0.0
062 F001200 0.0
062 G001200 0.0
062 H001200 0.0
062 I001200 0.0
062 J001200 0.0
062 K001200 0.0
062 L001200 3.2
062 M001200 0.0
062 N001200 0.0
<PAGE> PAGE 46
062 O001200 0.0
062 P001200 0.0
062 Q001200 95.2
062 R001200 0.0
063 A001200 0
063 B001200 6.7
066 A001200 N
067 001200 N
068 A001200 N
068 B001200 Y
069 001200 N
070 A011200 Y
070 A021200 Y
070 B011200 Y
070 B021200 N
070 C011200 Y
070 C021200 N
070 D011200 Y
070 D021200 N
070 E011200 Y
070 E021200 N
070 F011200 Y
070 F021200 N
070 G011200 Y
070 G021200 N
070 H011200 Y
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 Y
070 K011200 N
070 K021200 N
070 L011200 Y
070 L021200 Y
070 M011200 Y
070 M021200 Y
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 N
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
071 A001200 253694
071 B001200 231557
071 C001200 110414
071 D001200 210
<PAGE> PAGE 47
072 A001200 12
072 B001200 8809
072 C001200 0
072 D001200 0
072 E001200 0
072 F001200 605
072 G001200 242
072 H001200 0
072 I001200 198
072 J001200 14
072 K001200 15
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072 M001200 8
072 N001200 36
072 O001200 0
072 P001200 0
072 Q001200 0
072 R001200 19
072 S001200 8
072 T001200 0
072 U001200 16
072 V001200 0
072 W001200 7
072 X001200 1168
072 Y001200 0
072 Z001200 7641
072AA001200 5447
072BB001200 0
072CC011200 446
072CC021200 0
072DD011200 12190
072DD021200 0
072EE001200 0
073 A011200 0.0094
073 A021200 0.0000
073 B001200 0.0000
073 C001200 0.0000
074 A001200 1946
074 B001200 2097
074 C001200 0
074 D001200 123148
074 E001200 0
074 F001200 0
074 G001200 0
074 H001200 0
074 I001200 0
074 J001200 1314
074 K001200 0
074 L001200 4817
074 M001200 3
074 N001200 133325
<PAGE> PAGE 48
074 O001200 3184
074 P001200 288
074 Q001200 0
074 R011200 0
074 R021200 0
074 R031200 0
074 R041200 443
074 S001200 0
074 T001200 129410
074 U011200 14202
074 U021200 0
074 V011200 9.11
074 V021200 0.00
074 W001200 0.0000
074 X001200 0
074 Y001200 0
075 A001200 0
075 B001200 121591
076 001200 0.00
013 A001301 KPMG PEAT MARWICK LLP
013 B011301 NEW YORK
013 B021301 NY
013 B031301 10013
028 A011300 7193
028 A021300 0
028 A031300 0
028 A041300 3730
028 B011300 5686
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028 B031300 0
028 B041300 2532
028 C011300 6637
028 C021300 0
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028 C041300 2301
028 D011300 5606
028 D021300 0
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028 D041300 2874
028 E011300 3667
028 E021300 0
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028 E041300 1882
028 F011300 5511
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028 F031300 0
028 F041300 3866
028 G011300 34300
028 G021300 0
028 G031300 0
028 G041300 17185
<PAGE> PAGE 49
028 H001300 0
042 A001300 0
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042 E001300 0
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042 H001300 0
043 001300 0
044 001300 0
062 A001300 N
062 B001300 0.0
062 C001300 0.0
062 D001300 0.0
062 E001300 0.0
062 F001300 0.0
062 G001300 0.0
062 H001300 0.0
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062 M001300 0.0
062 N001300 0.0
062 O001300 0.0
062 P001300 0.0
062 Q001300 0.0
062 R001300 0.0
066 A001300 Y
066 C001300 Y
067 001300 N
068 A001300 N
068 B001300 Y
069 001300 N
070 A011300 Y
070 A021300 Y
070 B011300 Y
070 B021300 N
070 C011300 Y
070 C021300 N
070 D011300 Y
070 D021300 N
070 E011300 Y
070 E021300 N
070 F011300 Y
070 F021300 N
070 G011300 Y
070 G021300 N
070 H011300 Y
070 H021300 N
<PAGE> PAGE 50
070 I011300 N
070 I021300 N
070 J011300 Y
070 J021300 Y
070 K011300 N
070 K021300 N
070 L011300 Y
070 L021300 Y
070 M011300 Y
070 M021300 Y
070 N011300 Y
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 N
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 N
070 R021300 N
071 A001300 103128
071 B001300 74990
071 C001300 71148
071 D001300 105
072 A001300 12
072 B001300 38
072 C001300 1300
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<PAGE> PAGE 51
072BB001300 0
072CC011300 2503
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073 A021300 0.0000
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074 A001300 2272
074 B001300 4300
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074 D001300 1952
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074 R041300 374
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076 001300 0.00
SIGNATURE THOMAS M. REYNOLDS
TITLE CONTROLLER
[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
[NUMBER] 1
[NAME] GOVERNMENT MONEY MARKET
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] AUG-31-1996
[PERIOD-END] AUG-31-1996
[INVESTMENTS-AT-COST] 276,135,836
[INVESTMENTS-AT-VALUE] 276,135,836
[RECEIVABLES] 3,046,423
[ASSETS-OTHER] 69,626
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 279,251,885
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1,090,125
[TOTAL-LIABILITIES] 1,090,125
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 278,209
[SHARES-COMMON-STOCK] 276,304,048
[SHARES-COMMON-PRIOR] 241,646,299
[ACCUMULATED-NII-CURRENT] 12,528,641
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (54,045)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 0
[NET-ASSETS] 278,161,760
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 14,052,094
[OTHER-INCOME] 0
[EXPENSES-NET] 1,523,453
[NET-INVESTMENT-INCOME] 12,528,641
[REALIZED-GAINS-CURRENT] 2,498
[APPREC-INCREASE-CURRENT] 0
[NET-CHANGE-FROM-OPS] 12,531,139
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 12,522,565
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 437,015,274
[NUMBER-OF-SHARES-REDEEMED] 413,581,060
[SHARES-REINVESTED] 11,223,535
[NET-CHANGE-IN-ASSETS] 34,657,749
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 303
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 889,826
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,829,959
[AVERAGE-NET-ASSETS] 253,960,529
[PER-SHARE-NAV-BEGIN] 1.00
[PER-SHARE-NII] 0
[PER-SHARE-GAIN-APPREC] 0
[PER-SHARE-DIVIDEND] 0.05
[PER-SHARE-DISTRIBUTIONS] 0.05
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 1.00
[EXPENSE-RATIO] 0.60
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
[NUMBER] 2
[NAME] INTERMEDIATE FIXED INCOME
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] AUG-31-1996
[PERIOD-END] AUG-31-1996
[INVESTMENTS-AT-COST] 296,582,390
[INVESTMENTS-AT-VALUE] 291,141,730
[RECEIVABLES] 7,350,475
[ASSETS-OTHER] 2,787
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 298,494,992
[PAYABLE-FOR-SECURITIES] 1,903,750
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 538,488
[TOTAL-LIABILITIES] 2,442,238
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 0
[SHARES-COMMON-STOCK] 37,386,377
[SHARES-COMMON-PRIOR] 60,399,179
[ACCUMULATED-NII-CURRENT] 336,837
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 7,328,728
[ACCUM-APPREC-OR-DEPREC] (5,440,660)
[NET-ASSETS] 296,052,754
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 19,144,622
[OTHER-INCOME] 0
[EXPENSES-NET] 2,152,250
[NET-INVESTMENT-INCOME] 16,992,372
[REALIZED-GAINS-CURRENT] (14,966)
[APPREC-INCREASE-CURRENT] (6,833,208)
[NET-CHANGE-FROM-OPS] 10,144,198
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 17,206,933
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 16,226,689
[NUMBER-OF-SHARES-REDEEMED] 11,307,251
[SHARES-REINVESTED] 2,067,760
[NET-CHANGE-IN-ASSETS] 6,987,198
[ACCUMULATED-NII-PRIOR] 551,398
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] (7,313,762)
[GROSS-ADVISORY-FEES] 1,102,332
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,152,250
[AVERAGE-NET-ASSETS] 294,001,327
[PER-SHARE-NAV-BEGIN] 8.10
[PER-SHARE-NII] 0.50
[PER-SHARE-GAIN-APPREC] (0.17)
[PER-SHARE-DIVIDEND] 0.51
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 7.92
[EXPENSE-RATIO] 0.73
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
[NUMBER] 3
[NAME] LONG-TERM BOND
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] AUG-31-1996
[PERIOD-END] AUG-31-1996
[INVESTMENTS-AT-COST] 158,446,249
[INVESTMENTS-AT-VALUE] 153,152,729
[RECEIVABLES] 3,185,174
[ASSETS-OTHER] 3,435
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 156,341,338
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 431,768
[TOTAL-LIABILITIES] 431,768
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 161,746,998
[SHARES-COMMON-STOCK] 19,810
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 1,142,241
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (1,686,149)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (5,293,520)
[NET-ASSETS] 155,909,570
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 10,555,530
[OTHER-INCOME] 0
[EXPENSES-NET] 1,218,086
[NET-INVESTMENT-INCOME] 9,337,444
[REALIZED-GAINS-CURRENT] 1,425,173
[APPREC-INCREASE-CURRENT] (9,634,980)
[NET-CHANGE-FROM-OPS] 1,127,637
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 8,417,818
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 70,757,014
[NUMBER-OF-SHARES-REDEEMED] 53,206,580
[SHARES-REINVESTED] 8,103,907
[NET-CHANGE-IN-ASSETS] 18,364,160
[ACCUMULATED-NII-PRIOR] 7,619,177
[ACCUMULATED-GAINS-PRIOR] (3,111,322)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 590,693
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 590,693
[AVERAGE-NET-ASSETS] 151,124,771
[PER-SHARE-NAV-BEGIN] 8.23
[PER-SHARE-NII] 0.51
[PER-SHARE-GAIN-APPREC] (.14)
[PER-SHARE-DIVIDEND] 0.46
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 7.87
[EXPENSE-RATIO] 0.80
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
[NUMBER] 4
[NAME] MUNICIPAL BOND INVESTMENTS
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] AUG-31-1996
[PERIOD-END] AUG-31-1996
[INVESTMENTS-AT-COST] 46,577,848
[INVESTMENTS-AT-VALUE] 45,716,750
[RECEIVABLES] 844,628
[ASSETS-OTHER] 65,160
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 46,626,538
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 141,629
[TOTAL-LIABILITIES] 141,629
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 49,287,855
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] (33,655)
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (1,908,256)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (861,098)
[NET-ASSETS] 46,484,846
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 2,620,644
[OTHER-INCOME] 0
[EXPENSES-NET] 390,049
[NET-INVESTMENT-INCOME] 2,230,595
[REALIZED-GAINS-CURRENT] (415,420)
[APPREC-INCREASE-CURRENT] 97,697
[NET-CHANGE-FROM-OPS] 1,912,872
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 2,264,250
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 2,988,540
[NUMBER-OF-SHARES-REDEEMED] 3,117,583
[SHARES-REINVESTED] 229,540
[NET-CHANGE-IN-ASSETS] 1,129,124
[ACCUMULATED-NII-PRIOR] 2,362,348
[ACCUMULATED-GAINS-PRIOR] 661,765
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 283,905
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 378,657
[AVERAGE-NET-ASSETS] 48,503,732
[PER-SHARE-NAV-BEGIN] 8.27
[PER-SHARE-NII] 0.38
[PER-SHARE-GAIN-APPREC] 0
[PER-SHARE-DIVIDEND] 0.39
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 8.26
[EXPENSE-RATIO] 0.80
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
[NUMBER] 5
[NAME] MORTGAGE BACKED INVESTMENTS
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] AUG-31-1996
[PERIOD-END] AUG-31-1996
[INVESTMENTS-AT-COST] 123,120,803
[INVESTMENTS-AT-VALUE] 119,811,142
[RECEIVABLES] 1,465,990
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 31,606
[TOTAL-ASSETS] 121,308,738
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 0
[TOTAL-LIABILITIES] 363,402
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 125,789,011
[SHARES-COMMON-STOCK] 15,617,018
[SHARES-COMMON-PRIOR] 13,240,341
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (421,759)
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] (1,112,255)
[ACCUM-APPREC-OR-DEPREC] (3,309,661)
[NET-ASSETS] 120,945,336
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 7,897,592
[OTHER-INCOME] 0
[EXPENSES-NET] 913,743
[NET-INVESTMENT-INCOME] 6,983,849
[REALIZED-GAINS-CURRENT] (26,586)
[APPREC-INCREASE-CURRENT] (2,294,645)
[NET-CHANGE-FROM-OPS] 4,662,618
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 7,405,608
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 43,928,000
[NUMBER-OF-SHARES-REDEEMED] (32,112,636)
[SHARES-REINVESTED] 7,083,593
[NET-CHANGE-IN-ASSETS] 18,898,957
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] (1,085,669)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 570,243
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,220,303
[AVERAGE-NET-ASSETS] 114,073,896
[PER-SHARE-NAV-BEGIN] 7.91
[PER-SHARE-NII] 0.48
[PER-SHARE-GAIN-APPREC] (0.14)
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0.51
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 7.74
[EXPENSE-RATIO] 0.801
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
[NUMBER] 6
[NAME] BALANCED
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] AUG-31-1996
[PERIOD-END] AUG-31-1996
[INVESTMENTS-AT-COST] 46,812,585
[INVESTMENTS-AT-VALUE] 50,077,755
[RECEIVABLES] 370,047
[ASSETS-OTHER] 27,913
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 50,475,715
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 194,928
[TOTAL-LIABILITIES] 194,928
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 45,597,667
[SHARES-COMMON-STOCK] 5,028,511
[SHARES-COMMON-PRIOR] 3,230,004
[ACCUMULATED-NII-CURRENT] 110,018
[OVERDISTRIBUTION-NII] 1,307,932
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 3,265,170
[ACCUM-APPREC-OR-DEPREC] 0
[NET-ASSETS] 50,280,787
[DIVIDEND-INCOME] 766,406
[INTEREST-INCOME] 790,709
[OTHER-INCOME] 0
[EXPENSES-NET] 404,278
[NET-INVESTMENT-INCOME] 1,152,837
[REALIZED-GAINS-CURRENT] 1,856,415
[APPREC-INCREASE-CURRENT] 1,632,100
[NET-CHANGE-FROM-OPS] 4,641,352
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 1,152,837
[DISTRIBUTIONS-OF-GAINS] 1,856,415
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 3,117,844
[NUMBER-OF-SHARES-REDEEMED] 1,537,798
[SHARES-REINVESTED] 218,461
[NET-CHANGE-IN-ASSETS] 17,589,833
[ACCUMULATED-NII-PRIOR] 627,561
[ACCUMULATED-GAINS-PRIOR] 1,812,631
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 164,218
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 404,278
[AVERAGE-NET-ASSETS] 40,395,463
[PER-SHARE-NAV-BEGIN] 09.37
[PER-SHARE-NII] 00.29
[PER-SHARE-GAIN-APPREC] 00.95
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 00.61
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.00
[EXPENSE-RATIO] 01.00
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
[NUMBER] 7
[NAME] LARGE CAPITALIZATION VALUE EQUITY INVESTMENTS
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] AUG-31-1996
[PERIOD-END] AUG-31-1996
[INVESTMENTS-AT-COST] 1,301,942,559
[INVESTMENTS-AT-VALUE] 1,505,448,952
[RECEIVABLES] 11,217,927
[ASSETS-OTHER] 2,731
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 1,516,671,067
[PAYABLE-FOR-SECURITIES] 2,151,042
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 2,069,374
[TOTAL-LIABILITIES] 4,220,416
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1,232,495,122
[SHARES-COMMON-STOCK] 130,926,138
[SHARES-COMMON-PRIOR] 102,690,248
[ACCUMULATED-NII-CURRENT] 26,906,112
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 49,543,024
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 203,506,393
[NET-ASSETS] 1,512,450,651
[DIVIDEND-INCOME] 39,970,903
[INTEREST-INCOME] 1,395,580
[OTHER-INCOME] 0
[EXPENSES-NET] 10,601,672
[NET-INVESTMENT-INCOME] 30,764,811
[REALIZED-GAINS-CURRENT] 57,624,889
[APPREC-INCREASE-CURRENT] 78,336,651
[NET-CHANGE-FROM-OPS] 166,726,351
[EQUALIZATION] 26,466,589
[DISTRIBUTIONS-OF-INCOME] 15,515,274
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 50,806,724
[NUMBER-OF-SHARES-REDEEMED] 24,969,181
[SHARES-REINVESTED] 2,398,347
[NET-CHANGE-IN-ASSETS] 28,235,890
[ACCUMULATED-NII-PRIOR] 22,607,890
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 7,433,409
[GROSS-ADVISORY-FEES] 6,468,340
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 10,601,672
[AVERAGE-NET-ASSETS] 1,322,996
[PER-SHARE-NAV-BEGIN] 10.42
[PER-SHARE-NII] 00.26
[PER-SHARE-GAIN-APPREC] 01.25
[PER-SHARE-DIVIDEND] 00.24
[PER-SHARE-DISTRIBUTIONS] 00.14
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 11.55
[EXPENSE-RATIO] 00.80
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
[NUMBER] 8
[NAME] LARGE CAPITALIZATION GROWTH
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] AUG-31-1996
[PERIOD-END] AUG-31-1996
[INVESTMENTS-AT-COST] 1,050,155,245
[INVESTMENTS-AT-VALUE] 1,227,268,630
[RECEIVABLES] 5,563,224
[ASSETS-OTHER] 23,392,640
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 1,256,224,494
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 50,807,760
[TOTAL-LIABILITIES] 50,807,760
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 975,228,960
[SHARES-COMMON-STOCK] 92,038,178
[SHARES-COMMON-PRIOR] 64,474,930
[ACCUMULATED-NII-CURRENT] 5,512,170
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 46,962,619
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 177,118,985
[NET-ASSETS] 1,205,416,734
[DIVIDEND-INCOME] 2,291,058
[INTEREST-INCOME] 12,861,429
[OTHER-INCOME] 0
[EXPENSES-NET] 8,633,613
[NET-INVESTMENT-INCOME] 6,518,874
[REALIZED-GAINS-CURRENT] 62,034,856
[APPREC-INCREASE-CURRENT] 43,504,853
[NET-CHANGE-FROM-OPS] 112,058,583
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 4,153,946
[DISTRIBUTIONS-OF-GAINS] 36,845,945
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 40,898,526
[NUMBER-OF-SHARES-REDEEMED] 16,659,319
[SHARES-REINVESTED] 3,324,041
[NET-CHANGE-IN-ASSETS] 351,963,778
[ACCUMULATED-NII-PRIOR] 6,093,723
[ACCUMULATED-GAINS-PRIOR] 130,803,270
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 5,143,031
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 8,633,613
[AVERAGE-NET-ASSETS] 0
[PER-SHARE-NAV-BEGIN] 12.13
[PER-SHARE-NII] 00.07
[PER-SHARE-GAIN-APPREC] 01.46
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 00.56
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.10
[EXPENSE-RATIO] 00.83
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
[NUMBER] 9
[NAME] SMALL CAPITALIZATION VALUE EQUITY INVESTMENTS
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] AUG-31-1996
[PERIOD-END] AUG-31-1996
[INVESTMENTS-AT-COST] 424,680,833
[INVESTMENTS-AT-VALUE] 467,189,567
[RECEIVABLES] 514,673
[ASSETS-OTHER] 474,921,369
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 480,064,042
[PAYABLE-FOR-SECURITIES] 244,755
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 935,216
[TOTAL-LIABILITIES] 1,179,971
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 407,841,043
[SHARES-COMMON-STOCK] 22,937,278
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 4,124,953
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 24,366,050
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 42,508,734
[NET-ASSETS] 478,884,071
[DIVIDEND-INCOME] 9,549,614
[INTEREST-INCOME] 497,884
[OTHER-INCOME] 0
[EXPENSES-NET] 3,867,576
[NET-INVESTMENT-INCOME] 6,179,922
[REALIZED-GAINS-CURRENT] 29,843,891
[APPREC-INCREASE-CURRENT] 12,194,966
[NET-CHANGE-FROM-OPS] 48,218,779
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 4,982,003
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 20,888,354
[NUMBER-OF-SHARES-REDEEMED] 12,034,895
[SHARES-REINVESTED] 229,397
[NET-CHANGE-IN-ASSETS] 9,082,856
[ACCUMULATED-NII-PRIOR] 2,927,034
[ACCUMULATED-GAINS-PRIOR] (5,477,841)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1,234,783
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 3,867,576
[AVERAGE-NET-ASSETS] 406,010,207
[PER-SHARE-NAV-BEGIN] 10.01
[PER-SHARE-NII] 00.15
[PER-SHARE-GAIN-APPREC] 01.09
[PER-SHARE-DIVIDEND] (0.14)
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 11.11
[EXPENSE-RATIO] 00.95
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
[NUMBER] 10
[NAME] SMALL CAPITALIZATION GROWTH INVESTMENTS
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] AUG-31-1996
[PERIOD-END] AUG-31-1996
[INVESTMENTS-AT-COST] 423,514,180
[INVESTMENTS-AT-VALUE] 491,614,656
[RECEIVABLES] 4,759,635
[ASSETS-OTHER] 4,055,769
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 500,430,060
[PAYABLE-FOR-SECURITIES] 4,260,668
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1,846,456
[TOTAL-LIABILITIES] 6,107,124
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 369,179,714
[SHARES-COMMON-STOCK] 27,789,471
[SHARES-COMMON-PRIOR] 18,329,222
[ACCUMULATED-NII-CURRENT] (2,010,544)
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 59,053,290
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 68,100,476
[NET-ASSETS] 494,322,936
[DIVIDEND-INCOME] 1,376,349
[INTEREST-INCOME] 751,285
[OTHER-INCOME] 2,127,634
[EXPENSES-NET] 4,138,178
[NET-INVESTMENT-INCOME] (2,010,544)
[REALIZED-GAINS-CURRENT] 61,940,936
[APPREC-INCREASE-CURRENT] 13,923,279
[NET-CHANGE-FROM-OPS] 73,853,671
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] (53,196,733)
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 376,242,292
[NUMBER-OF-SHARES-REDEEMED] 270,535,854
[SHARES-REINVESTED] 52,926,147
[NET-CHANGE-IN-ASSETS] 158,632,585
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 30,309,086
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 2,217,550
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,217,550
[AVERAGE-NET-ASSETS] 414,270,606
[PER-SHARE-NAV-BEGIN] 17.19
[PER-SHARE-NII] (0.08)
[PER-SHARE-GAIN-APPREC] 03.36
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 02.68
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 17.79
[EXPENSE-RATIO] 00.99
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
[NUMBER] 11
[NAME] INTERNATIONAL EQUITY INVESTMENTS
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] AUG-31-1996
[PERIOD-END] AUG-31-1996
[INVESTMENTS-AT-COST] 810,301,129
[INVESTMENTS-AT-VALUE] 834,212,638
[RECEIVABLES] 4,512,201
[ASSETS-OTHER] 19,109
[OTHER-ITEMS-ASSETS] 16,622,286
[TOTAL-ASSETS] 855,366,234
[PAYABLE-FOR-SECURITIES] 8,834,863
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 2,801,804
[TOTAL-LIABILITIES] 11,636,667
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 758,948,963
[SHARES-COMMON-STOCK] 80,446,288
[SHARES-COMMON-PRIOR] 63,168,278
[ACCUMULATED-NII-CURRENT] 957,182
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 59,286,761
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 24,553,039
[NET-ASSETS] 843,745,945
[DIVIDEND-INCOME] 3,448,915
[INTEREST-INCOME] 3,126,331
[OTHER-INCOME] 0
[EXPENSES-NET] 7,491,301
[NET-INVESTMENT-INCOME] (916,055)
[REALIZED-GAINS-CURRENT] 73,317,293
[APPREC-INCREASE-CURRENT] (45,905,292)
[NET-CHANGE-FROM-OPS] 26,512,324
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 11,320,688
[DISTRIBUTIONS-OF-GAINS] 17,962,763
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 32,796,549
[NUMBER-OF-SHARES-REDEEMED] 18,301,671
[SHARES-REINVESTED] 2,783,132
[NET-CHANGE-IN-ASSETS] 180,599,192
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 17,657,600
[OVERDISTRIB-NII-PRIOR] 547,822
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 4,205,662
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 7,491,301
[AVERAGE-NET-ASSETS] 749,430,632
[PER-SHARE-NAV-BEGIN] 10.50
[PER-SHARE-NII] 00.18
[PER-SHARE-GAIN-APPREC] 00.26
[PER-SHARE-DIVIDEND] 00.17
[PER-SHARE-DISTRIBUTIONS] 00.28
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.49
[EXPENSE-RATIO] 01.00
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
[NUMBER] 12
[NAME] INTERNATIONAL FIXED INCOME INVESTMENTS
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] AUG-31-1996
[PERIOD-END] AUG-31-1996
[INVESTMENTS-AT-COST] 122,607,599
[INVESTMENTS-AT-VALUE] 125,245,159
[RECEIVABLES] 6,131,013
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 1,949,146
[TOTAL-ASSETS] 133,325,318
[PAYABLE-FOR-SECURITIES] 3,184,057
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 730,859
[TOTAL-LIABILITIES] 3,914,916
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 122,805,336
[SHARES-COMMON-STOCK] 14,201,520
[SHARES-COMMON-PRIOR] 11,757,748
[ACCUMULATED-NII-CURRENT] 1,474,190
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 2,635,599
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 2,495,277
[NET-ASSETS] 129,410,402
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 8,808,703
[OTHER-INCOME] 0
[EXPENSES-NET] 1,167,419
[NET-INVESTMENT-INCOME] 7,641,284
[REALIZED-GAINS-CURRENT] 5,447,131
[APPREC-INCREASE-CURRENT] 446,411
[NET-CHANGE-FROM-OPS] 13,534,826
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 12,189,960
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 4,780,466
[NUMBER-OF-SHARES-REDEEMED] 3,507,513
[SHARES-REINVESTED] 1,170,819
[NET-CHANGE-IN-ASSETS] 23,526,319
[ACCUMULATED-NII-PRIOR] 4,742,882
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] (1,531,548)
[GROSS-ADVISORY-FEES] 605,151
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,167,419
[AVERAGE-NET-ASSETS] 121,591,062
[PER-SHARE-NAV-BEGIN] 9.01
[PER-SHARE-NII] 0.67
[PER-SHARE-GAIN-APPREC] 0.37
[PER-SHARE-DIVIDEND] 0.94
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 9.11
[EXPENSE-RATIO] 1.01
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
[NUMBER] 13
[NAME] EMERGING MARKETS EQUITY INVESTMENTS
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] AUG-31-1996
[PERIOD-END] AUG-31-1996
[INVESTMENTS-AT-COST] 91,442,074
[INVESTMENTS-AT-VALUE] 92,765,781
[RECEIVABLES] 3,473,664
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 2,289,775
[TOTAL-ASSETS] 98,529,220
[PAYABLE-FOR-SECURITIES] 575,961
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 463,830
[TOTAL-LIABILITIES] 1,039,791
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 96,267,300
[SHARES-COMMON-STOCK] 11,474,511
[SHARES-COMMON-PRIOR] 7,559,614
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] (285,680)
[ACCUMULATED-NET-GAINS] 160,730
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 1,347,079
[NET-ASSETS] 97,489,429
[DIVIDEND-INCOME] 1,300,193
[INTEREST-INCOME] 37,897
[OTHER-INCOME] 0
[EXPENSES-NET] 1,186,953
[NET-INVESTMENT-INCOME] 151,137
[REALIZED-GAINS-CURRENT] 2,969,048
[APPREC-INCREASE-CURRENT] 2,503,073
[NET-CHANGE-FROM-OPS] 5,623,258
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 9,176,431
[NUMBER-OF-SHARES-REDEEMED] 5,261,534
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 38,156,341
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] (179,607)
[OVERDIST-NET-GAINS-PRIOR] (3,065,528)
[GROSS-ADVISORY-FEES] 674,688
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1,186,953
[AVERAGE-NET-ASSETS] 77,668,967
[PER-SHARE-NAV-BEGIN] 7.85
[PER-SHARE-NII] (0.01)
[PER-SHARE-GAIN-APPREC] 0.66
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 8.50
[EXPENSE-RATIO] 1.75
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
