<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000875186
<NAME> CONSULTING GROUP CAPITAL MARKETS FUNDS
<SERIES>
   <NUMBER> 12
   <NAME> INTERNATIONAL FIXED INCOME INVESTMENTS
       
<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>