Government and corporate mutual funds, with assets of $25 million or
part 1 of 3
Rank Fund Name Bank
1 Monitor Mortgage Secs Tr Huntington Bancshares
2 Sierra Tr Corporate Income A Great Western Financial
3 Westcore Long-Term Bond First Interstate Bancorp
4 Dreyfus 100% UST Long Term Mellon Bank, N.A.
5 Pacific Capital UST SecuritieBank of Hawaii
6 Woodward Bond First Chicago NBD Corp.
7 Pacific Capital Divers Fixed Bank of Hawaii
8 Benchmark Bond A Northern Trust Co.
9 UST Master-Managed Income U.S. Trust Corp.
10 Composite Income Fund A Washington Mutual
11 Pacific Horizon Corp Bond Bank of America
12 Galaxy High Quality Bond Ret Fleet Financial Group
13 Nations Diversified Inc Tr A NationsBank Corp.
14 Dreyfus Strategic Income Mellon Bank, N.A.
15 Pilot US Government Secs Pil Boatmen s Trust
16 First Omaha Fixed Income FundFirst National of Nebraska
17 Dreyfus A Bonds Plus, Inc. Mellon Bank, N.A.
18 Arrow Fds-Fixed Inc Portf Mark Twain Bank
19 Nations Diversified Inc Inv NNationsBank Corp.
20 Portico Fds-Bond IMMDEX Inst Firstar Trust Co.
21 Woodward Intermediate Bond First Chicago NBD Corp.
22 Composite US Government A Washington Mutual
23 OVB Government Securities A One Valley Bank, N.A.
24 Overland Express US Govt Inc Wells Fargo Bank, N.A.
25 First Fds-Return Fixed Inc I 1st Tennessee Investment
26 Armada Total Return AdvantageNational City Bank
27 Emerald Managed Bond Inst Barnett Banks
28 UST Master-Intermed Trm Mgd IU.S. Trust Corp.
29 111 Corcoran Fd-Bond Fund Central Carolina Bank
30 Evergreen Managed Bond Y First Union National Bank of N.C.
31 Vista Bond Fund Chase Manhattan, N.A.
32 Stagecoach Bond Index Inst Wells Fargo Bank, N.A.
33 Northern Fixed Income Fund Northern Trust Co.
34 Highmark Bond Fund Fid Bank of California
35 Commerce Bond Fund Commerce Bancshares
36 Armada Total Return AdvantageNational City Bank
37 AmSouth-Bond Fund AmSouth Bank N.A
38 JPM Instl-Bond Fund J. P. Morgan & Co.
39 Benchmark International Bond Northern Trust Co.
40 Compass Capital-Fixed Income Midlantic National Bank
41 Vision US Government SecuritiFirst Empire State Corp.
42 AVESTA Tr-Income Fund Texas Commerce Bank
43 Independence One U.S. Govt TrMichigan National Bank
44 Parkstone Bond Fund Inst First of America
45 One Group-Government Bond FidBanc One Corp.
46 Pierpont Bond Fund J. P. Morgan & Co.
47 CrestFunds, Inc-Interm Bond TCrestar Bank
48 BB&T Interm US Govt Bd Tr Branch Banking and Trust Co.
49 Ark Fds-Income Portf Tr First Maryland Bank
50 1784 Funds-Income First National Bank of Boston
51 Monitor Fixed Income A Huntington Bancshares
52 Biltmore Fixed Income Fund Wachovia
53 STI Classic Inv Grade Bond TrSunTrust Banks Inc.
54 Munder Bond Y Comerica Bank
55 Pillar Fd-Fixed Income Portf United Jersey Bank
56 Rembrandt Fixed Income Tr LaSalle National Trust, N.A.
57 One Group-Income Bond Fid Banc One Corp.
58 Stepstone Intermed Bd Inst Union Bank
59 CoreFund Global Bond Fd A CoreStates Bank
60 Victory Fds-Government Bond AKeyCorp
61 Vista US Govt Income A Chase Manhattan, N.A.
62 Stagecoach GNMA A Wells Fargo Bank, N.A.
63 Griffin US Government Income Home Savings of America
64 PNC Fund-Managed Income Inst PNC Bank Corp.
65 Galaxy II-US Treasury Idx InvFleet Financial Group
66 Stepstone Government Secs InsUnion Bank
67 Glenmede International Fixed Glenmede Trust Co.
68 Norwest Income Fund Tr Norwest Bank Minnesota N.A.
69 Hanover US Government Sec InvChemical Bank
70 Dreyfus Premier Managed Inc AMellon Bank, N.A.
71 Prairie Intermediate Bond I First National Bank of Chicago
72 Rimco Monument Bond Fund Riggs National Bank
73 First American-Fixed Income CFirst Bank, N.A.
74 Nations Strategic Fx Inc Tr ANationsBank Corp.
75 STI Classic Inv Grade Bond InSunTrust Banks Inc.
Avg. for all 447 bank proprietary fixed income funds
Non-bank fixed income fund averages
Lehman Bros Corp/Gov t Bond Index
TOTAL RETURN THROUGH YEAREND 1995 (%)
Rank Investment Objective Fund Assets Full Year 4th Quart Latest
9/30/95 1995 1995 3 years*
1 Government Mortgage-Backe 55.1 31.1 5.3 3.73
2 Corporate Bond 353.4 27.08 6.43 9.88
3 Corporate Bond 29.3 26.69 7.28 10.9
4 Government Securities 138.5 24.9 6.22 9.77
5 Government Securities 25.7 24.59 6.77
6 Government Securities 493.5 23.84 5.52 8.64
7 Corporate Bond 123 23.65 5.81
8 Corporate Bond 276.4 22.66 5.42
9 Corporate Bond 84.2 22.4 5.2 9.19
10 Corporate Bond 94.2 21.58 4.83 8.64
11 Corporate Bond 31.8 21.44 5.29 10.3
12 Corporate Bond 28.6 21.2 5.3 8.54
13 Corporate Bond 37.3 20.91 4.96 10.88
14 Corporate Bond 318.9 20.81 4.54 9.21
15 Government Securities 138.3 20.75 4.95
16 Corporate Bond 75.9 20.43 5.24 8.41
17 Corporate Bond 578.4 20.31 4.67 9.08
18 Corporate Bond 30.7 20.04 4.97
19 Corporate Bond 83.2 20.01 4.77
20 Corporate Bond 284.4 19.55 4.79 8.75
21 Corporate Bond 407.1 19.51 4.42 6.63
22 Government Securities 179.9 19.45 4.36 7.09
23 Government Securities 56.1 19.41 4.79
24 Government Securities 30.5 19.32 4.76 7.92
25 Corporate Bond 90.7 19.3 4.97
26 Corporate Bond 273 19.28 4.91
27 Corporate Bond 66.4 19.26 4.68
28 Corporate Bond 61.7 19.19 4.35 7.56
29 Corporate Bond 89 19.07 3.94 8.42
30 Corporate Bond 78.8 19.05 4.95 7.79
31 Corporate Bond 56.5 18.88 4.83 8.31
32 Corporate Bond 41.9 18.8 4.57
33 Corporate Bond 89.7 18.77 5.35
34 Corporate Bond 60.4 18.74 4.55 7.03
35 Corporate Bond 93.9 18.71 4.11
36 Corporate Bond 49 18.47 4.95
37 Corporate Bond 97.9 18.47 4.32 8
38 Corporate Bond 398.9 18.43 4.29
39 International Bond 33.4 18.31 3.86
40 Corporate Bond 250.2 18.3 4.7 8.1
41 Government Securities 31.4 18.25 4.12
42 Corporate Bond 54.9 18.25 5.38 7.6
43 Government Securities 67.6 18.23 4.49
44 Corporate Bond 529.5 18.12 4.19 7.78
45 Government Securities 394.9 18.11 4.05
46 Corporate Bond 139.2 18.1 4.21 7.95
47 Corporate Bond 77.2 18.09 4.27 7.19
48 Government Securities 78.6 18.09 4.47 7.69
49 Corporate Bond 79.7 18 4.05
50 Corporate Bond 199.9 17.98 4.28
51 Corporate Bond 138.6 17.95 4.27 7.46
52 Corporate Bond 170.2 17.94 4.31
53 Corporate Bond 564 17.8 4.51 8.09
54 Government Securities 148.5 17.77 4.35 7.93
55 Corporate Bond 108.3 17.76 3.77 7.26
56 Corporate Bond 123 17.75 4.43
57 Corporate Bond 484.2 17.7 4.35 7
58 Corporate Bond 127.6 17.68 4.7 7.48
59 International Bond 27.2 17.68 4.97
60 Government Securities 28.3 17.57 4.41
61 Government Securities 98.2 17.53 4.41 7.4
62 Government Mortgage-Backe 170.7 17.53 3.83 6.83
63 Government Securities 29.3 17.5 4.8
64 Corporate Bond 443 17.49 4.24 7.82
65 Government Securities 115.6 17.44 4.51 7.63
66 Government Mortgage-Backe 38.2 17.43 4.63
67 International Bond 27.9 17.37 2.28 12.29
68 Corporate Bond 116.1 17.35 4.03
69 Government Securities 82.7 17.35 4.55
70 Corporate Bond 80.7 17.32 3.89 8.43
71 Government Securities 183.3 17.31 4.4
72 Corporate Bond 47.2 17.29 4.35 7.59
73 Corporate Bond 289.6 17.29 4.32
74 Corporate Bond 780.1 17.28 4.28 7.9
75 Corporate Bond 34.7 17.26 4.41 7.7
77.3 14.98 3.56 6.61 8.28
256.7 15.1 3.56 6.93
19.24 4.66 8.51
part 3 of 3
TOTAL RETURN THROUGH YEAREND 1995 (%)
Rank Investment Objective Latest Latest
5 years*10 years*
1 Government Mortgage-Backed
2 Corporate Bond 11.91
3 Corporate Bond 12.15
4 Government Securities 10.96
5 Government Securities
6 Government Securities
7 Corporate Bond
8 Corporate Bond
9 Corporate Bond 9.96
10 Corporate Bond 10.06 8.84
11 Corporate Bond 12.31 10.28
12 Corporate Bond 9.12
13 Corporate Bond
14 Corporate Bond 11.07
15 Government Securities
16 Corporate Bond
17 Corporate Bond 10.77 9.48
18 Corporate Bond
19 Corporate Bond
20 Corporate Bond 10.03
21 Corporate Bond
22 Government Securities 8.37 8.43
23 Government Securities
24 Government Securities 9.54
25 Corporate Bond
26 Corporate Bond
27 Corporate Bond
28 Corporate Bond
29 Corporate Bond
30 Corporate Bond
31 Corporate Bond 9.44
32 Corporate Bond
33 Corporate Bond
34 Corporate Bond 8.32 8.6
35 Corporate Bond
36 Corporate Bond
37 Corporate Bond 9.29
38 Corporate Bond
39 International Bond
40 Corporate Bond 9.56
41 Government Securities
42 Corporate Bond 8.3
43 Government Securities
44 Corporate Bond 8.9
45 Government Securities
46 Corporate Bond 8.74
47 Corporate Bond
48 Government Securities
49 Corporate Bond
50 Corporate Bond
51 Corporate Bond
52 Corporate Bond
53 Corporate Bond
54 Government Securities
55 Corporate Bond
56 Corporate Bond
57 Corporate Bond 8.54
58 Corporate Bond
59 International Bond
60 Government Securities
61 Government Securities 8.53
62 Government Mortgage-Backe 8.27
63 Government Securities
64 Corporate Bond 8.81
65 Government Securities
66 Government Mortgage-Backed
67 International Bond
68 Corporate Bond
69 Government Securities
70 Corporate Bond 10.14 8.66
71 Government Securities
72 Corporate Bond
73 Corporate Bond
74 Corporate Bond
75 Corporate Bond
77.3 8.59
9.52 8.82
9.8 9.65
