CONSULTING GROUP CAPITAL MARKETS FUNDS
NSAR-B, EX-27, 2000-11-09
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000875186
<NAME> Long-Term Bond Investments
<SERIES>
   <NUMBER>003
   <NAME>Consulting Group Capital Markets Funds

<S>                             <C>
<PERIOD-TYPE>                  1-Year
<FISCAL-YEAR-END>                               Aug-31-2000
<PERIOD-END>                                    Aug-31-2000
<INVESTMENTS-AT-COST>                            75,513,640
<INVESTMENTS-AT-VALUE>                           74,467,744
<RECEIVABLES>                                     5,539,234
<ASSETS-OTHER>                                          819
<OTHER-ITEMS-ASSETS>                                      0
<TOTAL-ASSETS>                                   80,007,797
<PAYABLE-FOR-SECURITIES>                          4,694,849
<SENIOR-LONG-TERM-DEBT>                                   0
<OTHER-ITEMS-LIABILITIES>                           221,988
<TOTAL-LIABILITIES>                               4,916,837
<SENIOR-EQUITY>                                           0
<PAID-IN-CAPITAL-COMMON>                         77,342,227
<SHARES-COMMON-STOCK>                             9,561,443
<SHARES-COMMON-PRIOR>                            14,974,930
<ACCUMULATED-NII-CURRENT>                                 0
<OVERDISTRIBUTION-NII>                                    0
<ACCUMULATED-NET-GAINS>                          (1,301,964)
<OVERDISTRIBUTION-GAINS>                                  0
<ACCUM-APPREC-OR-DEPREC>                           (949,303)
<NET-ASSETS>                                     75,090,960
<DIVIDEND-INCOME>                                         0
<INTEREST-INCOME>                                 6,294,757
<OTHER-INCOME>                                            0
<EXPENSES-NET>                                      813,962
<NET-INVESTMENT-INCOME>                           5,480,795
<REALIZED-GAINS-CURRENT>                         (1,304,547)
<APPREC-INCREASE-CURRENT>                         3,040,718
<NET-CHANGE-FROM-OPS>                             7,216,966
<EQUALIZATION>                                            0
<DISTRIBUTIONS-OF-INCOME>                         5,478,212
<DISTRIBUTIONS-OF-GAINS>                            716,867
<DISTRIBUTIONS-OTHER>                               160,834
<NUMBER-OF-SHARES-SOLD>                           2,792,766
<NUMBER-OF-SHARES-REDEEMED>                       9,007,579
<SHARES-REINVESTED>                                 801,326
<NET-CHANGE-IN-ASSETS>                          (40,263,801)
<ACCUMULATED-NII-PRIOR>                                   0
<ACCUMULATED-GAINS-PRIOR>                           716,867
<OVERDISTRIB-NII-PRIOR>                                   0
<OVERDIST-NET-GAINS-PRIOR>                                0
<GROSS-ADVISORY-FEES>                               534,051
<INTEREST-EXPENSE>                                        0
<GROSS-EXPENSE>                                     813,962
<AVERAGE-NET-ASSETS>                             88,649,896
<PER-SHARE-NAV-BEGIN>                                 7.700
<PER-SHARE-NII>                                       0.480
<PER-SHARE-GAIN-APPREC>                               0.210
<PER-SHARE-DIVIDEND>                                  0.480
<PER-SHARE-DISTRIBUTIONS>                             0.050
<RETURNS-OF-CAPITAL>                                  0.010
<PER-SHARE-NAV-END>                                   7.850
<EXPENSE-RATIO>                                        0.92



</TABLE>


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