+++
Rank Fund Name Bank
1 Dreyfus Short-Term Income Fund Mellon Bank, N.A.
2 One Group-Government ARM Fid Banc One Corp.
3 Seven Seas Yield Plus Fund State Street Bank & Trust Co.
4 First American-Limited Term C First Bank, N.A.
5 Benchmark Short Duration A Northern Trust Co. (The)
6 Marshall Short-Term Income Marshall & Ilsley Bank
7 Armada Enhanced Income Inst National City Bank
8 Norwest Advantage-Stable Income I Norwest Bank Minnesota N.A.
9 Dreyfus Inst Sh-Term Treas A Mellon Bank, N.A.
10 CoreFund Short-Term Income Y CoreStates Bank
11 Vista Short Term Bond Fund I Chase Manhattan, N.A.
12 Compass Capital-Short Govt Bd InstPNC Bank Corp
13 OFFITBANK High Yield Fund OFFITBANK
14 Pillar Fd-Short Investment A United Jersey Bank
15 Overland Express Variable Gov A Wells Fargo Bank, N.A.
16 Dreyfus Strategic Income Mellon Bank, N.A.
17 Compass Capital-Short Govt Bd Svc PNC Bank Corp
18 Pacifica Asset Preservation Inst First Interstate Bancorp
19 Nations Sh-Term Inc Pr A NationsBank Corp.
20 Portico Fds-Short Term Bond Inst Firstar Trust Co.
21 DG Investor Series-Ltd Trm Govt Deposit Guaranty Bank
22 Benchmark Short Interm Bond A Northern Trust Co. (The)
23 Dreyfus Sh-Interm Govt Mellon Bank, N.A.
24 Portico Fds-Short Term Bond Ret Firstar Trust Co.
25 Woodward Short Bond Ret NBD Bank
26 BayFunds Short Term Yield Inst Bay Banks Inc.
27 Performance Fds-Short Govt Inst Trustmark National Bank
28 Dreyfus 100% UST Sh-Term Fund Mellon Bank, N.A.
29 Biltmore S/T Fixed Income Fund Wachovia
30 Victory Portf-Lmtd Term Income KeyCorp
31 Kent Fds-Short Term Bond Inst Old Kent Bank & Trust
32 Excelsior Short Term Government U.S. Trust Corp.
33 Parkstone Limited Mat Inst First of America
34 Galaxy Short Term Bond Inst Fleet Financial Group
35 Norwest Advantage-Divers Bond Inc Norwest Bank Minnesota N.A.
36 First American-Intermed Term C First Bank, N.A.
37 CoreFund Short Intermediate Bond ACoreStates Bank
38 ValueStar Short-Interm Bd Inv First American Trust Co., Tenn.
39 Compass Capital-Interm Bond Inst PNC Bank Corp
40 AVESTA Tr-Income Fund Texas Commerce Bank
41 One Group-Ltd Volatility Fid Banc One Corp.
42 FMB Intermediate Govt Income Inst First Michigan Bank
43 Galaxy Short Term Bond Ret Fleet Financial Group
44 Sierra Tr Sh-Term High Quality A Great Western Financial
45 First American-Interm Govt Bd C First Bank, N.A.
46 Glenmede Intermediate Govt Glenmede Trust Co.
47 Woodward Intermediate Bond NBD Bank
48 BB&T Sh-Interm USG Inc Tr Branch Banking and Trust Co.
49 AmSouth-Limited Maturity Fund AmSouth Bank N.A
50 Portico Fds-Interm Bond Mkt Inst Firstar Trust Co.
Bank Proprietary Fixed Income Avg
Nonbank Fixed Income Fund Averages
Lehman Bros Corp./Gov
part 2 of 3
Rank Fund Name Investment Objective Fund Ass Second
3/31/96 Quarter
1 Dreyfus Short-TeCorporate Bond 190.2 1.46
2 One Group-GovernGovernment Mortgage-Backed 53 1.37
3 Seven Seas YieldCorporate Bond 1435.8 1.36
4 First American-LCorporate Bond 110.8 1.33
5 Benchmark Short Corporate Bond 47.3 1.3
6 Marshall Short-TGovernment Securities 92.4 1.19
7 Armada Enhanced Corporate Bond 64.7 1.19
8 Norwest AdvantagGovernment Securities 64.8 1.16
9 Dreyfus Inst Sh-Government Securities 251.9 1.16
10 CoreFund Short-TCorporate Bond 32.6 1.14
11 Vista Short TermCorporate Bond 38.3 1.13
12 Compass Capital-Government Securities 52.7 1.09
13 OFFITBANK High YCorporate High Yield 559.9 1.09
14 Pillar Fd-Short Corporate Bond 32.2 1.08
15 Overland ExpressGovernment Mortgage-Backed 594.5 1.07
16 Dreyfus StrategiCorporate Bond 307.7 1.05
17 Compass Capital-Government Securities 181.9 1.02
18 Pacifica Asset PCorporate Bond 28.2 1
19 Nations Sh-Term Corporate Bond 179.5 0.99
20 Portico Fds-ShorCorporate Bond 150.3 0.99
21 DG Investor SeriGovernment Securities 89 0.98
22 Benchmark Short Corporate Bond 169.6 0.98
23 Dreyfus Sh-InterGovernment Securities 577 0.94
24 Portico Fds-ShorCorporate Bond 54.5 0.93
25 Woodward Short BCorporate Bond 162.5 0.92
26 BayFunds Short TCorporate Bond 36.4 0.92
27 Performance Fds-Government Securities 106.6 0.91
28 Dreyfus 100% USTGovernment Securities 199.6 0.89
29 Biltmore S/T FixCorporate Bond 124.3 0.87
30 Victory Portf-LmCorporate Bond 171.9 0.83
31 Kent Fds-Short TCorporate Bond 289.5 0.79
32 Excelsior Short Government Securities 25.1 0.79
33 Parkstone LimiteCorporate Bond 136.3 0.79
34 Galaxy Short TerCorporate Bond 62 0.77
35 Norwest AdvantagCorporate Bond 168.7 0.77
36 First American-ICorporate Bond 90.5 0.76
37 CoreFund Short ICorporate Bond 55.3 0.75
38 ValueStar Short-Corporate Bond 106 0.75
39 Compass Capital-Corporate Bond 173.3 0.74
40 AVESTA Tr-IncomeCorporate Bond 53 0.73
41 One Group-Ltd VoCorporate Bond 515.3 0.73
42 FMB IntermediateGovernment Securities 112.6 0.71
43 Galaxy Short TerCorporate Bond 38.5 0.71
44 Sierra Tr Sh-TerCorporate Bond 52.9 0.69
45 First American-IGovernment Securities 114.6 0.68
46 Glenmede IntermeGovernment Securities 277.6 0.67
47 Woodward IntermeCorporate Bond 375 0.67
48 BB&T Sh-Interm UGovernment Securities 47.7 0.66
49 AmSouth-Limited Corporate Bond 58.2 0.66
50 Portico Fds-InteCorporate Bond 148.3 0.66
Bank Proprietary Fixed Income Avg 80.9 0.38
Nonbank Fixed Income Fund Averages 265 0.75
Lehman Bros Corp./Gov 0.47
part 3 of 3
TOTAL RETURN THROUGH JUNE 30, 1996 (%)
Rank Fund Name Latest Latest Latest Latest
6 Months1 Year* 3 Years*5 Years*
1 Dreyfus Short-Term Income Fu 1.87 6.23 5.34
2 One Group-Government ARM Fid 2.45 5.71 4.31
3 Seven Seas Yield Plus Fund 2.67 5.93 5.01
4 First American-Limited Term 2.4 5.79
5 Benchmark Short Duration A 2.57 5.52 4.74
6 Marshall Short-Term Income 1.53 5.42 4.54
7 Armada Enhanced Income Inst 2.01 5.55
8 Norwest Advantage-Stable Inc 2.14 5.62
9 Dreyfus Inst Sh-Term Treas A 1.78 5.49
10 CoreFund Short-Term Income Y 1.59 4.86
11 Vista Short Term Bond Fund I 2.03 5.45 4.79 5.49
12 Compass Capital-Short Govt B 1.17 5.39 5.07
13 OFFITBANK High Yield Fund 3.36 10.32
14 Pillar Fd-Short Investment A 2.14 4.83 4.34
15 Overland Express Variable Go 1.51 4.8 2.28 3.67
16 Dreyfus Strategic Income 0.12 6.83 5.76 9.77
17 Compass Capital-Short Govt B 0.94 5.65 5.13
18 Pacifica Asset Preservation 2.27
19 Nations Sh-Term Inc Pr A 1.28 5.51 4.82
20 Portico Fds-Short Term Bond 1.45 5.48 5.02 6.94
21 DG Investor Series-Ltd Trm G 1.26 4.75 4.24
22 Benchmark Short Interm Bond 0.91 5.26 5.23
23 Dreyfus Sh-Interm Govt 0.77 5.02 4.75 7.19
24 Portico Fds-Short Term Bond 1.32 5.22 4.89 6.86
25 Woodward Short Bond Ret 1.21 5.02
26 BayFunds Short Term Yield In 1.19 5.07
27 Performance Fds-Short Govt I 1.1 4.92 4.15
28 Dreyfus 100% UST Sh-Term Fun 0.79 4.75 4.54 7.14
29 Biltmore S/T Fixed Income Fu 1.26 4.89 4.46
30 Victory Portf-Lmtd Term Inco 0.83 4.67 4.07 5.79
31 Kent Fds-Short Term Bond Ins 0.78 4.66 4.54
32 Excelsior Short Term Governm 0.75 4.6 4.46
33 Parkstone Limited Mat Inst 0.56 4.65 4.24 6.33
34 Galaxy Short Term Bond Inst 0.39 4.97 4.46
35 Norwest Advantage-Divers Bon -0.64 4.05
36 First American-Intermed Term 0.37 5.19
37 CoreFund Short Intermediate 0.69 5.04 4.26
38 ValueStar Short-Interm Bd In 0.87 4.99
39 Compass Capital-Interm Bond -0.04 5.21
40 AVESTA Tr-Income Fund -2.03 5.25 4.34 7.41
41 One Group-Ltd Volatility Fid 0.64 5.13 4.58 6.72
42 FMB Intermediate Govt Income 0.51 4.77 4.34
43 Galaxy Short Term Bond Ret 0.25 4.66 4.19
44 Sierra Tr Sh-Term High Quali 0.55 5.04
45 First American-Interm Govt B 0.18 4.79
46 Glenmede Intermediate Govt -0.35 5.16 4.4 7.42
47 Woodward Intermediate Bond 0.24 6.58 4.64 7.16
48 BB&T Sh-Interm USG Inc Tr -0.14 4.22 4.03
49 AmSouth-Limited Maturity Fun 0.36 4.6 4.35 6.18
50 Portico Fds-Interm Bond Mkt -0.15 5.08 4.99
Bank Proprietary Fixed Incom -1.07 4.16 4.2 7.21
Nonbank Fixed Income Fund Av 0.1 5.54 4.55 8.27
Lehman Bros Corp./Gov -1.88 4.66 5.16 8.48
