BRINSON RELATIONSHIP FUNDS
NSAR-A, 1997-09-08
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<PAGE>      PAGE  1
000 A000000 06/30/97
000 C000000 0000944684
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 BRINSON RELATIONSHIP FUNDS
001 B000000 811-9036
001 C000000 3122207940
002 A000000 209 LA SALLE STREET
002 B000000 CHICAGO
002 C000000 IL
002 D010000 60604
002 D020000 1295
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  6
007 C010100  1
007 C020100 BRINSON GLOBAL SECURITIES FUND
007 C030100 N
007 C010200  2
007 C020200 BRINSON SHORT-TERM FUND
007 C030200 N
007 C010300  3
007 C020300 BRINSON POST-VENTURE FUND
007 C030300 N
007 C010400  4
007 C020400 BRINSON HIGH-YIELD FUND
007 C030400 N
007 C010500  5
007 C020500 BRINSON EMERGING MARKETS EQUITY FUND
007 C030500 N
007 C010600  6
007 C020600 BRINSON EMERGING MARKETS DEBT FUND
007 C030600 N
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 BRINSON PARTNERS, INC.
008 B00AA01 A
008 C00AA01 801-34910
008 D01AA01 CHICAGO
008 D02AA01 IL
008 D03AA01 60604
<PAGE>      PAGE  2
008 D04AA01 1295
010 A00AA01 MORGAN STANLEY TRUST CO.
010 C01AA01 BROOKLYN
010 C02AA01 NY
010 C03AA01 11201
012 A00AA01 MORGAN STANLEY TRUST CO.
012 B00AA01 84-0000000
012 C01AA01 BROOKLYN
012 C02AA01 NY
012 C03AA01 11201
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 CHICAGO
013 B02AA01 IL
013 B03AA01 60606
013 B04AA01 6301
014 A00AA01 SBC WARBURG, INC.
014 B00AA01 8-23745
015 A00AA01 MORGAN STANLEY TRUST COMPANY
015 B00AA01 C
015 C01AA01 BROOKLYN
015 C02AA01 NY
015 C03AA01 11201
015 E01AA01 X
015 A00AA02 MORGAN STANLEY TRUST COMPANY
015 B00AA02 C
015 C01AA02 BROOKLYN
015 C02AA02 NY
015 C03AA02 11201
015 E04AA02 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   26
019 C00AA00 BRINSONFDS
020 A000001 MERRILL LYNCH
020 B000001 13-5674085
020 C000001    175
020 A000002 BARING ASSET MANAGEMENT, INC.
020 B000002 04-2455153
020 C000002    122
020 A000003 DEUTSCHE BANK CAPITAL CORP.
020 B000003 13-6124068
020 C000003    119
020 A000004 CROSBY SECURITIES, INC.
020 B000004 13-3431728
020 C000004     95
020 A000005 SALOMON BROTHERS
020 B000005 13-3082694
020 C000005     88
020 A000006 MORGAN STANLEY & CO., INC.
020 B000006 13-2655998
020 C000006     72
<PAGE>      PAGE  3
020 A000007 KLEINWORT BENSON NORTH AMERICA, INC.
020 B000007 13-3497666
020 C000007     71
020 A000008 INSTINET CORP.
020 B000008 13-3443395
020 C000008     68
020 A000009 ZANNEX SECURITIES LIMITED
020 C000009     59
020 A000010 KIM ENG (SINGAPORE)
020 B000010 13-3589747
020 C000010     48
021  000000     1812
022 A000001 GOLDMAN SACHS
022 B000001 13-5108880
022 C000001   3321579
022 D000001     68928
022 A000002 MORGAN STANLEY & CO., INC.
022 B000002 13-2655998
022 C000002   1849099
022 D000002    210670
022 A000003 MERRILL LYNCH
022 B000003 13-5674085
022 C000003   1390659
022 D000003    240288
022 A000004 LEHMAN BROTHERS, INC.
022 B000004 13-2518466
022 C000004    733366
022 D000004    247903
022 A000005 BANK OF AMERICA
022 B000005 94-1687665
022 C000005    608660
022 D000005         0
022 A000006 BEAR STEARNS & CO., INC.
022 B000006 13-3299429
022 C000006    181121
022 D000006    176154
022 A000007 GREENWICH CAPITAL MARKETS, INC.
022 B000007 13-3176013
022 C000007    126546
022 D000007    115738
022 A000008 CITICORP INVESTMENT BANK
022 B000008 13-3502968
022 C000008    151927
022 D000008      1703
022 A000009 FIRST BOSTON CORP.
022 B000009 13-5659485
022 C000009     97999
022 D000009     52139
022 A000010 SALOMON BROS.
022 B000010 13-3082694
022 C000010     73267
<PAGE>      PAGE  4
022 D000010     60959
023 C000000    9293027
023 D000000    1511976
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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
060 A000200 N
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<PAGE>      PAGE  11
070 K020200 N
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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
029  000400 N
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062 P000400  80.2
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062 R000400  17.5
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<PAGE>      PAGE  18
070 C010400 Y
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<PAGE>      PAGE  19
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074 R030400        0
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074 S000400        0
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<PAGE>      PAGE  20
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028 F040500         0
028 G010500    144913
028 G020500         0
028 G030500         0
028 G040500      1752
028 H000500    142765
029  000500 Y
030 A000500      0
030 B000500  1.50
030 C000500  1.50
031 A000500      0
031 B000500      0
032  000500      0
033  000500      0
049  000500 N
050  000500 N
051  000500 N
052  000500 N
053 A000500 Y
053 B000500 Y
053 C000500 N
058 A000500 N
059  000500 Y
060 A000500 N
<PAGE>      PAGE  21
060 B000500 N
061  000500 10000000
062 A000500 N
062 B000500   0.0
062 C000500   0.0
062 D000500   0.0
062 E000500   0.0
062 F000500   0.0
062 G000500   0.0
062 H000500   0.0
062 I000500   0.0
062 J000500   0.0
062 K000500   0.0
062 L000500   0.0
062 M000500   0.0
062 N000500   0.0
062 O000500   0.0
062 P000500   0.0
062 Q000500   0.0
062 R000500   0.0
066 A000500 Y
066 B000500 N
066 C000500 N
066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 Y
067  000500 N
068 A000500 N
068 B000500 Y
069  000500 N
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 Y
070 D020500 N
070 E010500 Y
070 E020500 N
070 F010500 Y
070 F020500 N
070 G010500 Y
070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 Y
070 I020500 N
070 J010500 Y
070 J020500 N
<PAGE>      PAGE  22
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 Y
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500    153233
071 B000500     28022
071 C000500    232595
071 D000500   12
072 A000500  6
072 B000500     1355
072 C000500     3186
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072 L000500        0
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<PAGE>      PAGE  23
072DD020500        0
072EE000500        0
073 A010500   0.0000
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074 F000500   279425
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074 H000500        0
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074 J000500     4395
074 K000500        0
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074 N000500   372025
074 O000500     3255
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074 Q000500        0
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074 R020500        0
074 R030500        0
074 R040500     1005
074 S000500        0
074 T000500   367765
074 U010500    29986
074 U020500        0
074 V010500    12.26
074 V020500     0.00
074 W000500   0.0000
074 X000500       21
074 Y000500        0
075 A000500        0
075 B000500   284177
076  000500     0.00
028 A010600      2581
028 A020600         0
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<PAGE>      PAGE  24
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028 D020600         0
028 D030600         0
028 D040600     19002
028 E010600      2935
028 E020600         0
028 E030600         0
028 E040600         0
028 F010600       971
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028 F040600      2971
028 G010600      6601
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028 G030600         0
028 G040600     25161
028 H000600      6586
029  000600 Y
030 A000600      0
030 B000600  0.50
030 C000600  0.50
031 A000600      0
031 B000600      0
032  000600      0
033  000600      0
049  000600 N
050  000600 N
051  000600 N
052  000600 N
053 A000600 Y
053 B000600 Y
053 C000600 N
058 A000600 N
059  000600 Y
060 A000600 N
060 B000600 N
061  000600 10000000
062 A000600 Y
062 B000600   0.2
062 C000600   0.0
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062 F000600   0.0
062 G000600   0.0
062 H000600   0.0
062 I000600   4.3
062 J000600   0.0
062 K000600   0.0
062 L000600   1.5
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<PAGE>      PAGE  25
062 O000600   0.0
062 P000600   0.0
062 Q000600  93.8
062 R000600   0.0
063 A000600   0
063 B000600  6.8
064 A000600 N
064 B000600 N
066 A000600 N
067  000600 N
068 A000600 N
068 B000600 Y
069  000600 N
070 A010600 Y
070 A020600 N
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 Y
070 F010600 Y
070 F020600 Y
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 Y
070 I020600 Y
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 Y
070 M020600 Y
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600    124160
071 B000600    132860
<PAGE>      PAGE  26
071 C000600    202643
071 D000600   61
072 A000600  6
072 B000600    11444
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072 V000600        0
072 W000600       18
072 X000600      152
072 Y000600        0
072 Z000600    11292
072AA000600    15053
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072CC010600      926
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072DD010600        0
072DD020600        0
072EE000600        0
073 A010600   0.0000
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073 B000600   0.0000
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074 A000600     2252
074 B000600        0
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074 D000600   217036
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074 K000600        0
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<PAGE>      PAGE  27
074 M000600        0
074 N000600   235735
074 O000600     4261
074 P000600        0
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074 R030600        0
074 R040600      192
074 S000600        0
074 T000600   231282
074 U010600    12112
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074 V010600    19.09
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074 W000600   0.0000
074 X000600       14
074 Y000600      481
075 A000600        0
075 B000600   227776
076  000600     0.00
SIGNATURE   CAROLYN M. BURKE                             
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000944684
<NAME> BRINSON RELATIONSHIP FUNDS
<SERIES>
   <NUMBER> 6
   <NAME> BRINSON EMERGING MARKETS DEBT FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                      199,925,587
<INVESTMENTS-AT-VALUE>                     230,865,827
<RECEIVABLES>                                2,616,360
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                         2,252,382
<TOTAL-ASSETS>                             235,734,569
<PAYABLE-FOR-SECURITIES>                     4,261,250
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      191,229
<TOTAL-LIABILITIES>                          4,452,479
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   130,541,806
<SHARES-COMMON-STOCK>                       12,112,326
<SHARES-COMMON-PRIOR>                       13,184,226
<ACCUMULATED-NII-CURRENT>                   35,506,686
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     34,065,407
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    31,168,191
<NET-ASSETS>                               231,282,090
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                           11,443,984
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (151,776)
<NET-INVESTMENT-INCOME>                     11,292,208
<REALIZED-GAINS-CURRENT>                    15,053,092
<APPREC-INCREASE-CURRENT>                      925,537
<NET-CHANGE-FROM-OPS>                       27,270,837
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        372,359
<NUMBER-OF-SHARES-REDEEMED>                (1,444,259)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       8,711,522
<ACCUMULATED-NII-PRIOR>                     24,214,478
<ACCUMULATED-GAINS-PRIOR>                   19,012,315
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                151,776
<AVERAGE-NET-ASSETS>                       227,776,205
<PER-SHARE-NAV-BEGIN>                           16.882
<PER-SHARE-NII>                                  1.095
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<PER-SHARE-DIVIDEND>                                 0
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             19.095
<EXPENSE-RATIO>                                   0.13
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000944684
<NAME> BRINSON RELATIONSHIP FUNDS
<SERIES>
   <NUMBER> 5
   <NAME> BRINSON EMERGING MARKETS EQUITY FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                      306,801,809
<INVESTMENTS-AT-VALUE>                     336,703,506
<RECEIVABLES>                                6,044,452
<ASSETS-OTHER>                                  23,628
<OTHER-ITEMS-ASSETS>                        29,253,390
<TOTAL-ASSETS>                             372,024,976
<PAYABLE-FOR-SECURITIES>                     3,255,503
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,004,562
<TOTAL-LIABILITIES>                          4,260,065
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   318,136,223
<SHARES-COMMON-STOCK>                       29,985,598
<SHARES-COMMON-PRIOR>                       17,606,002
<ACCUMULATED-NII-CURRENT>                    9,233,731
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      1,526,957
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    38,868,000
<NET-ASSETS>                               367,764,911
<DIVIDEND-INCOME>                            3,185,643
<INTEREST-INCOME>                            1,354,833
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (303,771)
<NET-INVESTMENT-INCOME>                      4,236,705
<REALIZED-GAINS-CURRENT>                     3,910,185
<APPREC-INCREASE-CURRENT>                   37,119,045
<NET-CHANGE-FROM-OPS>                       45,265,935
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     12,539,075
<NUMBER-OF-SHARES-REDEEMED>                  (159,479)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     188,426,736
<ACCUMULATED-NII-PRIOR>                      4,997,026
<ACCUMULATED-GAINS-PRIOR>                  (2,383,228)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                303,771
<AVERAGE-NET-ASSETS>                       284,177,368
<PER-SHARE-NAV-BEGIN>                           10.186
<PER-SHARE-NII>                                  0.121
<PER-SHARE-GAIN-APPREC>                          1.958
<PER-SHARE-DIVIDEND>                                 0
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             12.265
<EXPENSE-RATIO>                                   0.22
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000944684
<NAME> BRINSON RELATIONSHIP FUNDS
<SERIES>
   <NUMBER> 1
   <NAME> BRINSON GLOBAL SECURITIES FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                    1,705,360,023
<INVESTMENTS-AT-VALUE>                   1,871,882,632
<RECEIVABLES>                              237,256,025
<ASSETS-OTHER>                                  59,013
<OTHER-ITEMS-ASSETS>                        23,757,239
<TOTAL-ASSETS>                           2,132,954,909
<PAYABLE-FOR-SECURITIES>                   165,853,173
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                   84,769,746
<TOTAL-LIABILITIES>                        250,622,919
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                 1,391,689,960
<SHARES-COMMON-STOCK>                      127,781,377
<SHARES-COMMON-PRIOR>                      130,464,603
<ACCUMULATED-NII-CURRENT>                  118,496,607
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    190,183,777
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   181,961,646
<NET-ASSETS>                             1,882,331,990
<DIVIDEND-INCOME>                            8,813,853
<INTEREST-INCOME>                           23,849,951
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (443,282)
<NET-INVESTMENT-INCOME>                     32,220,522
<REALIZED-GAINS-CURRENT>                    69,511,212
<APPREC-INCREASE-CURRENT>                   57,160,738
<NET-CHANGE-FROM-OPS>                      158,892,472
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                     10,677,529
<NUMBER-OF-SHARES-REDEEMED>               (13,360,755)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                     123,822,524
<ACCUMULATED-NII-PRIOR>                     86,276,085
<ACCUMULATED-GAINS-PRIOR>                  120,672,565
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                443,282
<AVERAGE-NET-ASSETS>                     1,772,455,104
<PER-SHARE-NAV-BEGIN>                           13.479
<PER-SHARE-NII>                                  0.266
<PER-SHARE-GAIN-APPREC>                          0.986
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             14.731
<EXPENSE-RATIO>                                   0.05
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000944684
<NAME> BRINSON RELATIONSHIP FUNDS
<SERIES>
   <NUMBER> 4
   <NAME> BRINSON HIGH YIELD FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                      132,635,525
<INVESTMENTS-AT-VALUE>                     134,633,691
<RECEIVABLES>                                2,245,052
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                         4,099,532
<TOTAL-ASSETS>                             140,978,275
<PAYABLE-FOR-SECURITIES>                     4,093,750
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       55,733
<TOTAL-LIABILITIES>                          4,149,483
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                   102,190,030
<SHARES-COMMON-STOCK>                       10,434,610
<SHARES-COMMON-PRIOR>                       13,399,664
<ACCUMULATED-NII-CURRENT>                   24,140,195
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      8,500,401
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,998,166
<NET-ASSETS>                               136,828,792
<DIVIDEND-INCOME>                                  118
<INTEREST-INCOME>                            6,119,623
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       0
<NET-INVESTMENT-INCOME>                      6,119,741
<REALIZED-GAINS-CURRENT>                     7,051,672
<APPREC-INCREASE-CURRENT>                  (3,917,154)
<NET-CHANGE-FROM-OPS>                        9,254,259
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        204,048
<NUMBER-OF-SHARES-REDEEMED>                (3,169,102)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                    (28,221,249)
<ACCUMULATED-NII-PRIOR>                     18,020,454
<ACCUMULATED-GAINS-PRIOR>                    1,448,729
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 63,996
<AVERAGE-NET-ASSETS>                       142,425,253
<PER-SHARE-NAV-BEGIN>                           12.318
<PER-SHARE-NII>                                  0.543
<PER-SHARE-GAIN-APPREC>                          0.252
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             13.113
<EXPENSE-RATIO>                                      0
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000944684
<NAME> BRINSON RELATIONSHIP FUNDS
<SERIES>
   <NUMBER> 3
   <NAME> BRINSON POST-VENTURE FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                      249,578,857
<INVESTMENTS-AT-VALUE>                     311,975,251
<RECEIVABLES>                               11,469,996
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000944684
<NAME> BRINSON RELATIONSHIP FUNDS
<SERIES>
   <NUMBER> 2
   <NAME> BRINSON SHORT-TERM FUND
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                       23,599,937
<INVESTMENTS-AT-VALUE>                      23,599,937
<RECEIVABLES>                                   46,927
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                             1,547
<TOTAL-ASSETS>                              23,648,411
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       31,070
<TOTAL-LIABILITIES>                             31,070
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    22,463,700
<SHARES-COMMON-STOCK>                        2,226,339
<SHARES-COMMON-PRIOR>                        2,106,298
<ACCUMULATED-NII-CURRENT>                    1,153,719
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           (78)
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                23,617,341
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              597,506
<OTHER-INCOME>                                       0
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<REALIZED-GAINS-CURRENT>                            24
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<NET-CHANGE-FROM-OPS>                          592,502
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-REDEEMED>                (1,123,121)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       1,909,974
<ACCUMULATED-NII-PRIOR>                        561,241
<ACCUMULATED-GAINS-PRIOR>                        (102)
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<EXPENSE-RATIO>                                   0.05
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</TABLE>


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