<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000875186
<NAME> CONSULTING GROUP CAPITAL MARKETS FUNDS
<SERIES>
   <NUMBER> 3
   <NAME> LONG-TERM BOND
       
<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>