Performance of Top 50 Taxable Bond Funds Managed by Banks and

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Government and corporate mutual funds, with assets of $25 million or more, ranked by the total return in the second quarter

(Dollar amounts in millions) part 1 of 2 Rank Fund Name Bank 1 Evergreen High Yield Bond A First Union Corp. 2 Dreyfus Short-Term Income Fund Mellon Bank Corp. 3 SSgA Yield Plus Fund State Street Corp. 4 Dreyfus Premier Lmtd Term Hi Inc B Mellon Bank Corp. 5 One Group-Short Term Bond I Bank One Corp. 6 OFFITBANK High Yield Sel OFFITBANK 7 Nations Sh-Term Inc Pr A Nations Bank Corp. 8 Dreyfus Sh-Interm Govt Mellon Bank Corp. 9 Dreyfus GNMA Fund Mellon Bank Corp. 10 Marshall Intermediate Bond Marshall & Ilsley Corp. 11 One Group-Intermediate Bond I Bank One Corp. 12 Marshall Government Income Fund Marshall & Ilsley Corp. 13 One Group-Bond I Bank One Corp. 14 Evergreen Select Fixed Inc I First Union Corp. 15 BlackRock-Interm Bd Inst PNC Bank Corp. 16 Armada Interm Bond Inst National City Corp. 17 First American-Interm Income Y U.S. Bancorp 18 BlackRock-Interm Govt Inst PNC Bank Corp. 19 Evergreen Short-Interm Bond Y First Union Corp. 20 Munder Intermediate Bond K Comerica Inc. 21 Nations Sh-Interm Govt Pr A Nations Bank Corp. 22 Dreyfus A Bonds Plus Mellon Bank Corp. 23 One Group-Inc Bond Fund I Bank One Corp. 24 BlackRock-Core Bond Inst PNC Bank Corp. 25 WM US Govt Securities A Washington Mutual Inc. 26 BlackRock-Mgd Income Inst PNC Bank Corp 27 ISG Govt Income Inst First America Corp. 28 One Group-Government Bond I Bank One Corp. 29 BlackRock-Mgd Income Svc PNC Bank Corp 30 Kent Fds-Intermediate Bond Inst Old Kent Bank & Trust 31 Northern Instl Bond A Northern Trust Corp. 32 AmSouth-Bond Fd Premier AmSouth BanCorp 33 Harris Insight Short/Int Bd Inst Harris Bancorp 34 Nations Strategic Fx Inc Pr A Nations Bank Corp. 35 Nations Diversified Inc Pr A Nations Bank Corp. 36 Firstar Bond IMMDEX Inst Firstar Corp. 37 Commerce Bond Inst Commerce Bancshares Inc. 38 Evergreen Select Income Plus I First Union Corp. 39 First American-Fixed Income Y U.S. Bancorp 40 STI Classic Inv Grade Bond Tr SunTrust Banks, Inc. 41 BNY Hamilton Interm Inv Grade Inst Bank of New York Co. 42 Ark Fds-Income Portfolio Inst First Maryland Bancorp. 43 Parkstone Bond Fund Inst First America Corp. 44 Boston 1784 Funds-Income Fund A BankBoston Corp. 45 Norwest Advantage-Intrm Gov Inc I Norwest Corp. 46 J.P. Morgan Instl-Bond Fd J. P. Morgan & Co. 47 Highmark Bond Fund Fid First Union Corp. 48 Armada Total Return Advan Inst National City Corp. 49 Evergreen Diversified Bond A First Union Corp. 50 Norwest Advantage-Income Fund I Norwest Bank Minnesota NA

Average for the top 50 funds with $25 million or more in assets

Average for all 242 funds with $25 million or more in assets

Average for all 464 bank proprietary bond funds

Nonbank Bond Fund Averages

Lehman Bros Corp/Gov part 2 of 3

TOTAL RETURNS THROUGH 6/30/99 (%)

Fund Asset Second Year Latest Latest Rank FInvestment Objective 3/31/99 Qtr. to Date 1 Year*3 Years* 1 Corporate - High Yield $348.33 2.05 3.87 -2.3 2 General Bd - Investment Gra 357.12 1.2 2.85 3.05 6.56 3 General Bd - Investment Gra 601.83 0.79 2.52 4.47 5.08 4 Corporate - High Yield 598.4 0.73 1.73 -3.79 5 US Government - Short & Int 892.77 0.41 1.22 4.67 6 6 Corporate - High Yield 1809.98 0.28 1.91 1.88 9.08 7 General Bd - Investment Gra 398.64 0.27 1.49 4.64 5.81 8 US Government - Short & Int 477.58 0.23 0.68 4.23 5.49 9 General Mortgage 1078.13 0.1 0.91 1.5 6.12 10 General Bd - Investment Gra 598.1 -0.13 0.25 3.03 5.91 11 General Bd - Investment Gra 1431.08 -0.24 -0.08 3.98 7.17 12 US Government/Agency 305.55 -0.37 0.24 3.2 6.56 13 General Bd - Investment Gra 1307.55 -0.4 -0.88 3.26 7.8 14 Corporate - Investment Grad 601.8 -0.42 -0.65 3.81 15 General Bd - Investment Gra 486.28 -0.42 0.12 3.7 6.38 16 Multi-Sector Bond 312.73 -0.45 -1.05 3.37 5.88 17 General Bd - Short & Interm 390.39 -0.52 -1.12 3.48 5.93 18 US Government - Short & Int 411.27 -0.53 -0.36 3.66 6.42 19 General Bd - Short & Interm 357.86 -0.53 -0.42 3.69 5.91 20 General Bd - Short & Interm 349.46 -0.67 -0.8 2.83 5.61 21 US Government - Short & Int 590.4 -0.67 -0.86 2.54 5.62 22 Corporate - Investment Grad 584.54 -0.85 -0.01 -0.99 5.61 23 General Bd - Investment Gra 1357.89 -0.95 -1.68 1.95 6.52 24 General Bd - Investment Gra 707.82 -0.98 -1.12 2.81 7.14 25 US Government/Agency 343.29 -1.02 -0.7 2.71 7.11 26 General Bd - Investment Gra 1321.32 -1.02 -0.96 2.04 6.92 27 US Government/Agency 330.14 -1.04 -2.44 2.37 6.37 28 US Government/Agency 974.06 -1.06 -2.01 1.94 6.89 29 General Bd - Investment Gra 285.91 -1.1 -1.11 1.74 6.61 30 General Bd - Investment Gra 871.39 -1.1 -1.68 2.28 5.94 31 General Bd - Long 663.93 -1.1 -2.06 2.13 7.29 32 General Bd - Investment Gra 351.53 -1.11 -2.25 2.93 6.97 33 General Bd - Investment Gra 327.28 -1.13 -0.68 2.86 5.85 34 General Bd - Investment Gra 1796.52 -1.15 -1.51 2.08 6.17 35 General Bd - Investment Gra 317.41 -1.15 -2.08 1.05 6.44 36 Multi-Sector Bond 406.68 -1.21 -2.14 2.6 7.04 37 General Bd - Investment Gra 351.06 -1.21 -1.36 2.8 6.86 38 Corporate - Investment Grad 1292.76 -1.24 -2.22 1.46 39 General Bd - Investment Gra 1230.52 -1.24 -2.64 1.8 6.49 40 General Bd - Short & Interm 833.94 -1.25 -1.83 2.76 6.81 41 General Bd - Investment Gra 396.72 -1.28 -1.91 2.46 6.31 42 Multi-Sector Bond 353.94 -1.34 -2.09 0.19 6.07 43 General Bd - Long 437.27 -1.35 -2.22 1.28 6.46 44 General Bd - Long 356.55 -1.4 -2.57 1.72 6.08 45 US Government - Short & Int 424.82 -1.4 -2.62 3.03 6.44 46 Corporate - Investment Grad 1093.45 -1.4 -1.74 1.74 6.6 47 General Bd - Investment Gra 344.51 -1.4 -2.38 1.94 6.62 48 General Bd - Investment Gra 322.47 -1.41 -2.69 2.24 6.77 49 Corporate - Investment Grad 446.69 -1.64 -2.81 -0.75 50 General Bd - Investment Gra 349.35 -1.99 -3.53 1.01 7.51

Average for the top 50 funds $651.58 -0.7 -0.87 2.26 6.47

Average for all 242 funds wi 221.93 -0.67 -0.91 2.48 6.24

Average for all 464 bank pro 124.67 -0.73 -1.06 2.39 5.98

Nonbank Bond Fund Averages 334.37 -0.5 -0.16 1.12

Lehman Bros Corp/Gov -1.09 -2.27 2.78 part 3 of 3

Latest Latest Rank F5 Years*10 Years* 1 2 6.72 3 5.41 4 5 6.21 6 9.98 7 6.17 8 5.96 7.07 9 6.6 7.2 10 6.25 11 7.58 12 7.02 13 8.45 14 15 6.75 16 6.42 17 6.53 18 6.58 19 6.32 20 5.93 21 5.69 22 6.86 7.62 23 7.15 24 7.65 25 7.53 7.45 26 7.33 27 6.82 28 7.27 29 7.01 30 6.48 31 8.32 32 7.29 7.57 33 34 6.66 35 7.56 36 7.76 37 38 39 7.07 40 7.24 41 6.89 6.88 42 6.88 43 7.1 7.56 44 45 46 7.32 47 7.1 7.09 48 49 50 6.94

A 6.97 7.3

A 6.57 7.01

A 6.37 6.81

N 6.41 6.97

L 7.19 7.77 ===

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