[ARTICLE] 6
[CIK] 0000875186
[NAME] CONSULTING GROUP CAPITAL MARKETS FUNDS
[SERIES]
   [NUMBER] 2
   [NAME] INTERMEDIATE FIXED INCOME INVESTMENTS FUND
<TABLE>
<S>                             <C>
[PERIOD-TYPE]                   6-MOS
[FISCAL-YEAR-END]                          AUG-31-1998
[PERIOD-END]                               FEB-28-1998
[INVESTMENTS-AT-COST]                      479,392,149
[INVESTMENTS-AT-VALUE]                     483,288,587
[RECEIVABLES]                               12,427,736
[ASSETS-OTHER]                                      80
[OTHER-ITEMS-ASSETS]                                 0
[TOTAL-ASSETS]                             495,716,403
[PAYABLE-FOR-SECURITIES]                    13,923,582
[SENIOR-LONG-TERM-DEBT]                              0
[OTHER-ITEMS-LIABILITIES]                    2,610,743
[TOTAL-LIABILITIES]                         16,534,326
[SENIOR-EQUITY]                                      0
[PAID-IN-CAPITAL-COMMON]                   483,049,453
[SHARES-COMMON-STOCK]                       58,966,904
[SHARES-COMMON-PRIOR]                       47,640,950
[ACCUMULATED-NII-CURRENT]                            0
[OVERDISTRIBUTION-NII]                         871,495
[ACCUMULATED-NET-GAINS]                              0
[OVERDISTRIBUTION-GAINS]                     6,892,318
[ACCUM-APPREC-OR-DEPREC]                     3,896,438
[NET-ASSETS]                               479,182,078
[DIVIDEND-INCOME]                                    0
[INTEREST-INCOME]                           13,653,077
[OTHER-INCOME]                                       0
[EXPENSES-NET]                               1,453,781
[NET-INVESTMENT-INCOME]                     12,199,296
[REALIZED-GAINS-CURRENT]                     1,605,685
[APPREC-INCREASE-CURRENT]                    2,087,942
[NET-CHANGE-FROM-OPS]                       15,892,923
[EQUALIZATION]                                       0
[DISTRIBUTIONS-OF-INCOME]                   13,465,292
[DISTRIBUTIONS-OF-GAINS]                             0
[DISTRIBUTIONS-OTHER]                                0
[NUMBER-OF-SHARES-SOLD]                     18,340,762
[NUMBER-OF-SHARES-REDEEMED]                  8,346,386
[SHARES-REINVESTED]                          1,331,578
[NET-CHANGE-IN-ASSETS]                      95,087,818
[ACCUMULATED-NII-PRIOR]                        394,501
[ACCUMULATED-GAINS-PRIOR]                            0
[OVERDISTRIB-NII-PRIOR]                              0
[OVERDIST-NET-GAINS-PRIOR]                   8,498,003
[GROSS-ADVISORY-FEES]                          817,521
[INTEREST-EXPENSE]                                   0
[GROSS-EXPENSE]                              1,453,781
[AVERAGE-NET-ASSETS]                       414,975,647
[PER-SHARE-NAV-BEGIN]                             8.16
[PER-SHARE-NII]                                   0.24
[PER-SHARE-GAIN-APPREC]                           0.09
[PER-SHARE-DIVIDEND]                              0.26
[PER-SHARE-DISTRIBUTIONS]                            0
[RETURNS-OF-CAPITAL]                                 0
[PER-SHARE-NAV-END]                               8.13
[EXPENSE-RATIO]                                   0.71
[AVG-DEBT-OUTSTANDING]                               0
[AVG-DEBT-PER-SHARE]                                 0
</TABLE>