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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 NY Muni A Mellon Bank, N.A.
2 Evergreen FL High Income Muni A First Union National Bank of
3 Sierra Tr CA Municipal Bond A Great Western Financial
4 Emerald FL Tax Exempt Inst (1) Barnett Banks
5 Evergreen NC Muni Bond B First Union National Bank of
6 Dreyfus Premier NY Muni B Mellon Bank, N.A.
7 Dreyfus General NY Muni Bond Mellon Bank, N.A.
8 Dreyfus Premier NC Muni A Mellon Bank, N.A.
9 Emerald FL Tax Exempt Ret Barnett Banks
10 Stagecoach CA Tax-Free Bond A Wells Fargo Bank, N.A.
11 Munder Tax Free Bond K Comerica Bank
12 Dreyfus Premier VA Muni A Mellon Bank, N.A.
13 Evergreen FL High Income Muni B First Union National Bank of
14 Dreyfus Premier NC Muni B Mellon Bank, N.A.
15 Compass Capital-Tax Free Inc Svc PNC Bank Corp
16 Sierra Tr CA Municipal Bond B Great Western Financial
17 Dreyfus NY Tax Exempt Bond Mellon Bank, N.A.
18 Pacific Horizon CA T/E Bond Bank of America
19 Dreyfus Premier MD Muni A Mellon Bank, N.A.
20 Stagecoach CA Tax-Free Bond I (1) Wells Fargo Bank, N.A.
21 Overland Express CA Tax Free A Wells Fargo Bank, N.A.
22 Vision NY Tax-Free Fund First Empire State Corp.
23 Dreyfus NJ Municipal Bond Mellon Bank, N.A.
24 Stagecoach Oregon Tax Free A First Interstate Bancorp
25 Norwest Advantage-T/F Income A Norwest Bank Minnesota N.A.
Average for top 25 funds with $25 million or more in assets
Average for all 199 funds with $25 million or more in assets
Average for all 491 bank proprietary municipal funds
Non-Bank Muni Fund Averages
Lehman Bros Muni
part 2 of 3
Fund AssetThird Latest Latest
Rank Investment Objective 6/30/97Qtr. Year to 1 Year*
1 Municipal - Single Sta $131.50 3.64 6.68 9.5
2 Municipal - Single Sta 109.2 3.48 7.46 10.19
3 Municipal - Single Sta 317.5 3.47 6.93 9.61
4 Municipal - Single Sta 36.8 3.47 6.41 8.97
5 Municipal - Single Sta 48.2 3.46 6.1 8.37
6 Municipal - Single Sta 80.7 3.44 6.27 8.94
7 Municipal - Single Sta 298.7 3.41 6.53 9.17
8 Municipal - Single Sta 42.1 3.41 6.76 9.18
9 Municipal - Single Sta 78.5 3.37 6.13 8.71
10 Municipal - Single Sta 280.3 3.33 6.33 8.98
11 Municipal - National 190.1 3.33 6.42 8.73
12 Municipal - Single Sta 62.7 3.31 6.38 9.11
13 Municipal - Single Sta 54.2 3.28 6.86 9.38
14 Municipal - Single Sta 44.6 3.28 6.36 8.63
15 Municipal - National 44.8 3.28 6.75 9.77
16 Municipal - Single Sta 25.2 3.28 6.36 8.8
17 Municipal - Single Sta 1,641.40 3.26 6.44 8.8
18 Municipal - Single Sta 220.2 3.25 5.64 8.35
19 Municipal - Single Sta 266.5 3.25 6.67 8.93
20 Municipal - Single Sta 89.5 3.25 6.27 9.03
21 Municipal - Single Sta 223.7 3.23 6.34 8.92
22 Municipal - Single Sta 37.2 3.23 6.06 8.46
23 Maunicipal - Single St 577.7 3.22 6.09 8.65
24 Municipal - Single Sta 29 3.22 5.82 8.11
25 Municipal - National 29.3 3.19 6.48 9.46
198.4 3.33 6.42 8.99 8.3
158.4 2.63 5.38 7.78 7.4
68 2.6 5.25 7.6 7.34
157 2.82 5.68 8.06
3 6.31 9.02
part 3 of 3
Latest Latest Latest
Rank Investment Objective 3 Years*5 Years*10 Years*
1 Municipal - Single Sta 8.63 7.22 9.71
2 Municipal - Single Sta 9.48 8.55
3 Municipal - Single Sta 8.59 7
4 Municipal - Single Sta 7.98
5 Municipal - Single Sta 8.12
6 Municipal - Single Sta 8.04
7 Municipal - Single Sta 7.78 6.68 7.81
8 Municipal - Single Sta 8.8 6.86
9 Municipal - Single Sta 7.6 6.61
10 Municipal - Single Sta 8.53 7.05
11 Municipal - National 7.7
12 Municipal - Single Sta 9.26 7.34
13 Municipal - Single Sta 8.81 8.15
14 Municipal - Single Sta 8.25
15 Municipal - National 9.37 7.34
16 Municipal - Single Sta 7.78
17 Municipal - Single Sta 7.53 6.24 7.85
18 Municipal - Single Sta 7.72 6.5 7.96
19 Municipal - Single Sta 8.53 6.82 8.88
20 Municipal - Single State
21 Municipal - Single Sta 8.13 7.18
22 Municipal - Single Sta 8.35
23 Maunicipal - Single St 7.65 6.44
24 Municipal - Single Sta 7.71 6.24
25 Municipal - National 8.84 6.54
198.4 6.99 8.44
158.4 6.37 8.31
68 6.22 8.28
7.68 6.38 8.15
8.73 7.17 8.77
Data Source: The data were provided by CDA/Wiesenberger, Rockville, Md.,
