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Municipal bond mutual funds, with assets of $25 million or more, ranked
(dollar amounts in millions)
part 1 of 3
Rank Fund Name Bank
1 Dreyfus Premier Muni Bond A Mellon Bank Corp.
2 Dreyfus Premier NC Muni A Mellon Bank Corp.
3 Dreyfus Premier Muni Bond B Mellon Bank Corp.
4 Dreyfus Premier FL Muni A Mellon Bank Corp.
5 Evergreen FL High Income MunFirst Union Corp.
6 Dreyfus Premier FL Muni B Mellon Bank Corp.
7 Dreyfus General NY Muni BondMellon Bank Corp.
8 Excelsior TXE NY IntermediatU.S. Trust Corp.
9 Dreyfus Premier NC Muni B Mellon Bank Corp.
10 Dreyfus Municipal Bond Mellon Bank Corp.
11 Dreyfus Premier VA Muni A Mellon Bank Corp.
12 One Group-Muni Income Fid Banc One Corp.
13 Dreyfus Premier TX Muni A Mellon Bank Corp.
14 Evergreen FL High Income MunFirst Union Corp.
15 One Group-Muni Income Inv Banc One Corp.
16 Dreyfus Premier CT Muni A Mellon Bank Corp.
17 Dreyfus Premier MD Muni A Mellon Bank Corp.
18 Excelsior Tax Exempt IntermeU.S. Trust Corp.
19 Stagecoach CA Tax Free Bd I Wells Fargo & Co.
20 Dreyfus Premier VA Muni B Mellon Bank Corp.
21 Stagecoach CA Tax Free Bd A Wells Fargo & Co.
22 BlackRock-Tax Free Inc Svc PNC Bank Corp.
23 Boston 1784 Funds-CT Tax-Ex BankBoston Corp.
24 Dreyfus NY Tax Exempt Bond Mellon Bank Corp.
25 Dreyfus General Municipal BoMellon Bank Corp.
Average for top 25 funds with $25 million or more in assets
Average for all 215 funds with $25 million or more in assets
Average for all 494 bank proprietary municipal funds
Non-Bank Municipal Average
Lehman Brothers Municipal
part 2 of 3
Fund AsseFirst Latest
Rank Investment Objective 12/31/97 Qtr. 1 Year
1 Municipal - National 448.6 1.71 11.77
2 Municipal - Single St 42.1 1.62 12.22
3 Municipal - National 118.4 1.57 11.11
4 Municipal - Single St 181.1 1.55 7.75
5 Municipal - Single St 135.5 1.49 11.47
6 Municipal - Single St 34.4 1.43 7.28
7 Municipal - Single St 317.4 1.42 11.73
8 Municipal - Single St 119.9 1.42 8.33
9 Municipal - Single St 45.2 1.42 11.58
10 Municipal - National 3,414.70 1.4 10.11
11 Municipal - Single St 64.3 1.39 11.94
12 Municipal - National 522.1 1.35 9.18
13 Municipal - Single St 61.8 1.32 11.41
14 Municipal - Single St 74.4 1.3 10.64
15 Municipal - National 70.4 1.3 8.93
16 Municipal - Single St 315.1 1.26 11.1
17 Municipal - Single St 265.5 1.26 10.78
18 Municipal - National 252 1.26 8.8
19 Municipal - Single St 84.1 1.26 11.14
20 Municipal - Single St 40.4 1.26 11.38
21 Municipal - Single St 509.8 1.24 10.82
22 Municipal - National 62.2 1.24 11.33
23 Municipal - Single St 119.9 1.23 9.38
24 Municipal - Single St1,681.60 1.2 11.28
25 Municipal - National 654.1 1.2 9.88
385.4 1.36 10.45
173.7 0.92 9.33
79.3 0.85 9.13
164.2 0.93 9.81
1.15 10.7
part 3 of 3
Latest Latest Latest
Rank Investment Objective 3 Years*5 Years*10 Years*
1 Municipal - National 8.49 6.98 9.06
2 Municipal - Single St 8.48 6.51
3 Municipal - National 7.93 6.42
4 Municipal - Single St 6.16 5.8 8.31
5 Municipal - Single St 9.34 8
6 Municipal - Single St 5.62 5.26
7 Municipal - Single St 7.71 6.23 7.69
8 Municipal - Single St 6.5 5.47
9 Municipal - Single St 7.91 5.94
10 Municipal - National 7.21 5.84 7.76
11 Municipal - Single St 8.68 6.99
12 Municipal - National 7.16 5.87
13 Municipal - Single St 8.7 7.6 9.33
14 Municipal - Single St 8.53 7.52
15 Municipal - National 6.94 5.69
16 Municipal - Single St 7.92 6.41 8.16
17 Municipal - Single St 8.04 6.55 8.32
18 Municipal - National 7.15 6.06 7.15
19 Municipal - Single St 8.11 6.86
20 Municipal - Single St 8.13 6.43
21 Municipal - Single St 8.01 6.8
22 Municipal - National 8.59 6.98
23 Municipal - Single St 7.11
24 Municipal - Single St 7.27 5.79 7.63
25 Municipal - National 7.2 6.03 8.61
7.72 6.42 8.2
7.02 5.84 7.74
6.83 5.68 7.45
7.18 5.96 7.68
8.16 6.82 8.34