[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
   [NUMBER] 2
   [NAME] INTERMEDIATE FIXED INCOME INVESTMENTS
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   YEAR
[FISCAL-YEAR-END]                          AUG-31-1998
[PERIOD-END]                               AUG-31-1998
[INVESTMENTS-AT-COST]                      563,137,738
[INVESTMENTS-AT-VALUE]                     569,590,759
[RECEIVABLES]                               50,635,078
[ASSETS-OTHER]                                       0
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             620,225,837
[PAYABLE-FOR-SECURITIES]                    39,430,806
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    5,796,885
[TOTAL-LIABILITIES]                         45,227,691
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   574,288,103
[SHARES-COMMON-STOCK]                       70,170,721
[SHARES-COMMON-PRIOR]                       47,640,950
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                       (989,687)
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                   (4,753,291)
[ACCUM-APPREC-OR-DEPREC]                     6,453,021
[NET-ASSETS]                               574,998,146
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                           30,612,155
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               3,327,606
[NET-INVESTMENT-INCOME]                     27,284,549
[REALIZED-GAINS-CURRENT]                     3,744,712
[APPREC-INCREASE-CURRENT]                    4,644,525
[NET-CHANGE-FROM-OPS]                       35,673,786
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   28,668,737
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     39,095,291
[NUMBER-OF-SHARES-REDEEMED]                 20,002,052
[SHARES-REINVESTED]                          3,436,532
[NET-CHANGE-IN-ASSETS]                     190,903,886
[ACCUMULATED-NII-PRIOR]                        394,501
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                   8,498,003
[GROSS-ADVISORY-FEES]                        1,862,860
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              3,327,606
[AVERAGE-NET-ASSETS]                       458,851,797
[PER-SHARE-NAV-BEGIN]                             8.06
[PER-SHARE-NII]                                   0.48
[PER-SHARE-GAIN-APPREC]                           0.15
[PER-SHARE-DIVIDEND]                              0.50
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                               8.19
[EXPENSE-RATIO]                                   0.73
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>