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part 1 of 3
Fund Name Bank
1 CitiFunds National Tax Free (2Citigroup Inc.
2 STI Classic Inv Grade T/E Tr SunTrust Banks Inc.
3 Stagecoach CA Tax Free Bd I (2)Wells Fargo & Co.
4 CitiFunds NY Tax Free Income Citigroup Inc.
5 Stagecoach CA Tax Free Bd A Wells Fargo & Co.
6 Dreyfus Basic Municipal Bond Fd Mellon Bank Corp.
7 STI Classic Inv Grade T/E Inv SunTrust Banks Inc.
8 Dreyfus Basic Interm Muni Bd (1)Mellon Bank Corp.
9 Dreyfus NY Tax Exempt Bond Mellon Bank Corp.
# Boston 1784 Funds-CT Tax-Ex Inc ABankBoston Corp.
# Evergreen VA Muni Bond Y First Union Corp.
# Victory Portf-OH Municipal Bond KeyCorp
# Norwest Advantage-T/F Income I Wells Fargo & Co.
# Evergreen FL High Income Muni Y First Union Corp.
# Norwest Advantage-T/F Income A Wells Fargo & Co.
# Highmark CA TF Inter Fid Unionbancal Corp.
# Pacific Horizon CA T/E Bond BankAmerica Corp.
# BlackRock-Tax Free Inc Inst PNC Bank Corp.
# Boston 1784 Funds-T/E Med Term A BankBoston Corp.
# First American-MN Tax Free A U.S. Bancorp.
# Boston 1784 Funds-FL Tax-Ex Inc BankBoston Corp.
# BlackRock-OH Tax Free Inst PNC Bank Corp.
# Dreyfus General NY Muni Bond Mellon Bank Corp.
# Evergreen GA Muni Bond Y First Union Corp.
# Dreyfus Premier CT Muni A Mellon Bank Corp.
Average for the top 25
Average for the 225 funds with assets of $25 million or more
Average for all 480 bank proprietary municipal mutual funds
Nonbank muni avgerage
Lehman Bros. muni average
part 2 of 3
TOTAL RETURNS
THROUGH YEAREND 1998
Fund Asset Full Fouth Latest 3
Year
1 Municipal - National$97.30 10.06 0.95 8.11
2 Municipal - National 151.42 7.07 0.77 6.68
3 Municipal - Single S 79.17 6.87 0.41 6.61
4 Municipal - Single S 332.2 6.82 0.48 6.45
5 Municipal - Single S 504.75 6.81 0.39 6.57
6 Municipal - National 193.49 6.79 0.25 7.4
7 Municipal - National 27.28 6.73 0.76 6.36
8 Municipal - National 93.38 6.71 0.75 6.76
9 Municipal - Single S1670.83 6.7 0.53 6.07
10 Municipal - Single S 164.6 6.67 0.59 6.15
11 Municipal - Single S 107.84 6.57 0.55 6.45
12 Municipal - Single S 82.51 6.55 0.33 6.24
13 Municipal - National 302.93 6.54 0.17 7.16
14 Municipal - Single S 30.03 6.47 0.56 7.75
15 Municipal - National 43.15 6.44 0.16 7.12
16 Municipal - Single S 158.04 6.43 0.38 6.05
17 Municipal - Single S 227.3 6.42 0.35 6.2
18 Municipal - National 286.04 6.42 0.63 7.4
19 Municipal - National 322.16 6.41 0.6 6.58
20 Municipal - Single S 119.03 6.4 0.72 5.79
21 Municipal - Single S 55.55 6.38 0.75
22 Municipal - Single S 101.07 6.36 0.56 6.38
23 Municipal - Single S 306.62 6.34 0.2 6.3
24 Municipal - Single S 68.79 6.34 0.32 6.79
25 Municipal - Single S 315.76 6.33 0.69 6.7
Ave 0.51 6.67
Ave 0.35 5.73
Ave 0.29 5.49
Non 0.19 5.7
Leh 0.66 6.7
part 3 of 3
TOTAL RETURNS THROUGH YEAREND 1998
Latest 5 Lastest 10
Investment Object Year Years*
1 Municipal - National
2 Municipal - National 6.83
3 Municipal - Single S 6.17 8.14
4 Municipal - Single S 5.64 7.58
5 Municipal - Single S 6.15 8.13
6 Municipal - National
7 Municipal - National 6.49
8 Municipal - National
9 Municipal - Single S 5.23 7.41
# Municipal - Single State
# Municipal - Single State
# Municipal - Single S 6.16
# Municipal - National 6.45
# Municipal - Single State
# Municipal - National 6.45
# Municipal - Single S 5.34
# Municipal - Single S 5.55 7.52
# Municipal - National 6.5
# Municipal - National 6.06
# Municipal - Single S 5.98 7.73
# Municipal - Single State
# Municipal - Single S 5.81
# Municipal - Single S 5.38 7.8
# Municipal - Single State
# Municipal - Single S 5.75 7.75
Ave 6 7.76
Ave 5.2 7.37
Ave 5.03 7.02
Non 5.22 7.36
Leh 6.24 8.22
