+++
(dollar amounts in millions)
part 1 of 3
Fund Name Bank
1 BT Investment-Lifecycle Mid Range Bankers Trust New York Corp.
2 Dreyfus High Yield Securities Mellon Bank Corp.
3 Evergreen High Yield Bond B First Union Corp.
4 Dreyfus Short-Term High Yield Mellon Bank Corp.
5 Offitbank High Yield Sel (1) Offitbank
6 Sierra Tr Corporate Income A Great Western Financial Corp.
7 Dreyfus 100% UST Long Term Mellon Bank Corp.
8 Dreyfus Strategic Income Mellon Bank Corp.
9 Evergreen Diversified Bond B First Union Corp.
10 Kent Fds-Income Inst (1) Old Kent Financial Corp.
11 Composite Income Fund A Washington Mutual Inc.
12 Norwest Advantage-Income Fund I Norwest Corp.
13 Norwest Advantage-Dvrs Bond I Norwest Corp.
14 American Performance Bond Fund BOK Financial Corp.
15 Pacific Horizon Corp Bond A BankAmerica Corp.
16 Pegasus Bond I (1) First Chicago NBD Corp.
17 Composite US Government A Washington Mutual Inc.
18 Dreyfus Premier Managed Inc A Mellon Bank Corp.
19 Excelsior Managed Income U.S. Trust Corp.
20 Masterworks Bond Index Inst Wells Fargo & Co.
21 One Group-Government Bond Fid Banc One Corp.
22 Sierra Tr US Government Fund A Great Western Financial Corp.
23 Glenmede Core Fixed-Income Port (1Glenmede Corp.
24 Pegasus Bond A First Chicago NBD Corp.
25 Benchmark Bond A (1) Northern Trust Corp.
26 Ark Fds-Income Portfolio Inst (1) First Maryland Bancorp.
27 Dreyfus A Bonds Plus Mellon Bank Corp.
28 Dreyfus Basic GNMA Fd Mellon Bank Corp.
29 Dreyfus Basic GNMA II Mellon Bank Corp.
30 SouthTrust Vulcan Bond Fund Southtrust Corp.
31 One Group-Government Bond Inv Banc One Corp.
32 Benchmark US Treasury Index A (1) Northern Trust Corp.
33 First Omaha Fixed Income Fund First National of Nebraska Inc.
34 Compass Capital-Mgd Income Inst PNC Bank Corp.
35 Portico Fds-Bond IMMDEX Inst Firstar Corp.
36 Dreyfus Bond Market Index Basic Mellon Bank Corp.
37 Harris Insight Bond Inst Harris Bankcorp
38 Benchmark Bond C (1) Northern Trust Corp.
39 Parkstone Bond Fund Inst (1) First of America Bank Corp.
40 Armada GNMA Sec Inst National City Corp.
41 J.P. Morgan Instl-Bond Fd (1) J. P. Morgan & Co.
42 First Fds-Bond Portfolio I (1) First Tennessee National Corp.
43 Galaxy II-US Treasury Idx Inv Fleet Financial Group
44 AmSouth-Bond Fd Classic AmSouth Bancorp.
45 OVB Government Securities A (1) One Valley Bancorp of W.Va.
46 Galaxy High Quality Bond Inst Fleet Financial Group
47 Excelsior Instl Total Return Bd (1U.S. Trust Corp.
48 Rembrandt Fixed Income Tr LaSalle National Corp.
49 Highmark Bond Fund Fid Unionbancal
50 Portico Fds-Bond IMMDEX Ret Firstar Corp.
Average for top 50 funds with $25 million or more in assets
Average for all 494 bank proprietary bond funds
Nonbank bond fund averages
Lehman Brothers corporate/government bond index
part 2 of 2
Fund Assets Full yeaFourth quarter
Investment Objective 12/31/97 1997 1997
1 General Bd - Short & Interm $79.50 18.53 2.16
2 Corporate - High Yield 105.3 16.68 2.01
3 Corporate - High Yield 538.9 12.96 2.53
4 Corporate - High Yield 140.8 12.6 1.42
5 Corporate - High Yield 1,196.60 12.1 2.11
6 Corporate - Investment Grade 181.9 12.03 3.87
7 US Treasury 126.7 11.7 6.91
8 Multi-Sector Bond 157 11.17 2.44
9 Corporate - High Yield 456.1 11.11 3.4
10 General Bd - Investment Grad 256 10.55 3.3
11 General Bd - Investment Grad 76.8 10.51 2.37
12 General Bd - Investment Grad 262.2 10.26 3.61
13 General Bd - Investment Grad 167.6 10.23 4.18
14 General Bd - Investment Grad 39 10.05 2.84
15 Corporate - Investment Grade 37 10.04 2.9
16 General Bd - Investment Grad 1,027.70 9.93 2.9
17 US Government/Agency 111.1 9.92 3.24
18 General Bd - Investment Grad 73.5 9.79 2.25
19 Multi-Sector Bond 188.2 9.79 3.66
20 General Bd - Investment Grad 78.3 9.77 3.32
21 US Government/Agency 758.9 9.76 3.07
22 General Mortgage 238.5 9.74 2.92
23 US Government - Short & Inte 260.8 9.68 3.17
24 General Bd - Investment Grad 83.7 9.63 2.82
25 General Bd - Long 432.6 9.62 3.05
26 Multisector Bond 260.6 9.6 2.83
27 Corporate - Investment Grade 582.6 9.55 3.21
28 General Mortgage 67.2 9.54 2.09
29 General Mortgage 67.2 9.54 2.09
30 General Bd - Investment Grad 97.5 9.51 3.45
31 US Government/Agency 33.6 9.49 3
32 US Treasury 32.5 9.47 3.36
33 General Bd - Investment Grad 78 9.46 3.12
34 General Bd - Investment Grad 537.2 9.46 2.61
35 Multisector Bond 392.6 9.43 2.81
36 Corporate - Investment Grade 31.5 9.42 3.14
37 General Bd - Investment Grad 125.4 9.4 2.72
38 General Bd - Long 46.3 9.33 2.99
39 General Bd - Long 507.7 9.32 2.59
40 US Government/Agency 68.7 9.31 2.25
41 Corporate - Investment Grade 883.5 9.29 2.46
42 General Bd - Investment Grad 133.6 9.28 2.94
43 US Treasury 112.5 9.27 3.29
44 General Bd - Investment Grad 305 9.27 3.11
45 US Government/Agency 48.3 9.26 3.44
46 Corporate - Investment Grade 177.3 9.23 3.07
47 General Bd - Investment Grad 150.8 9.22 3.02
48 General Bd - Short & Interm 140.3 9.22 2.38
49 General Bd - Investment Grad 79.7 9.2 2.89
50 Multisector Bond 60.8 9.19 2.75
Average for top 50 funds $241.90 10.25 2.96
Average for all 494 bank $92.38 7.85 2.23
Nonbank bond fund averages $295.67 8.96 1.95
Lehman Brothers corporate - 9.76 3.22
part 3 of 3
Latest Latest Latest
Investment Objective 3 Years*5 Years*10 Years*
1 General Bd - Short & Interm 16.21 - -
2 Corporate - High Yield - - -
3 Corporate - High Yield 11.11 8.74 7.75
4 Corporate - High Yield - - -
5 Corporate - High Yield 14.06 - -
6 Corporate - Investment Grade 12.76 8.4 -
7 US Treasury 12.06 8.3 9.81
8 Multi-Sector Bond 12.72 9.08 10.34
9 Corporate - High Yield 10.62 7.49 7.87
10 General Bd - Investment Grad - - -
11 General Bd - Investment Grad 11.6 7.95 8.61
12 General Bd - Investment Grad 9.48 - -
13 General Bd - Investment Grad 8.71 - -
14 General Bd - Investment Grad 9.13 6.69 -
15 Corporate - Investment Grade 10.61 - -
16 General Bd - Investment Grad 12.68 8.17 -
17 US Government/Agency 10.4 6.7 8.44
18 General Bd - Investment Grad 10.03 7.68 8.37
19 Multi-Sector Bond 10.56 7.52 9.3
20 General Bd - Investment Grad 10.02 - -
21 US Government/Agency 9.97 - -
22 General Mortgage 9.84 5.9 -
23 US Government - Short & Inte 9.25 6.75 -
24 General Bd - Investment Grad 12.53 8.09 -
25 General Bd - Long 11.63 - -
26 Multisector Bond 9.94 - -
27 Corporate - Investment Grade 10.78 7.96 9.42
28 General Mortgage 10.22 7.59 -
29 General Mortgage 10.22 7.59 8.57
30 General Bd - Investment Grad 9.32 6.58 -
31 US Government/Agency 9.67 - -
32 US Treasury 9.79 - -
33 General Bd - Investment Grad 9.98 7.07 -
34 General Bd - Investment Grad 9.98 7.25 -
35 Multisector Bond 10.48 7.72 -
36 Corporate - Investment Grade 9.84 - -
37 General Bd - Investment Grad - - -
38 General Bd - Long - - -
39 General Bd - Long 10.13 7.2 -
40 US Government/Agency 9.98 - -
41 Corporate - Investment Grade 10.16 - -
42 General Bd - Investment Grad 9.95 - -
43 US Treasury 9.47 6.85 -
44 General Bd - Investment Grad 9.91 7.14 -
45 US Government/Agency 10.1 - -
46 Corporate - Investment Grade 10.45 7.74 -
47 General Bd - Investment Grad - - -
48 General Bd - Short & Interm 9.97 - -
49 General Bd - Investment Grad 9.93 6.53 8.06
50 Multisector Bond 10.21 7.57 -
Average for top 50 funds with 10.6 7.49 8.78
Average for all 494 bank 8.63 6.2 8.15
Nonbank bond fund averages 9.91 7.33 8.11
Lehman Brothers corporate 10.43 7.61 9.14
Data Source: The data were provided by CDA/Wiesenberger, Rockville, Md.,
