TABLE B-7
 
                                               COLLECTIVE INVESTMENT FUNDS
                                             15 LARGEST MUNICIPAL BOND FUNDS
                                                      BY ASSET SIZE
                                                    DECEMBER 31, 1998
                                                                                                 FUND          TOTAL ASSETS   TOTAL
SEQ  NAME OF INSTITUTION                       FUND NAME                                     CLASSIFICATION    (THOUS. OF $) ACCOUNT
 
  1  Mellon Bank, National Association     DF PA TAX EXEMPT MONEY MARKET FUND             01 PERSONAL TRUST         956,166    4,308
     PITTSBURGH, PA
  2  SunTrust Bank, Atlanta                SUNTRUST GEORGIA TAX FREE FUND                 01 PERSONAL TRUST         678,167    1,593
     ATLANTA, GA
  3  Wells Fargo Bank, National Associati  CALIFORNIA TAX EXEMPT TOTAL RETURN BOND FUND   01 PERSONAL TRUST         651,629    3,415
     SAN FRANCISCO, CA
  4  First Union National Bank             CORESTATES PENNSYLVANIA TAX EXEMPT TRUST       01 PERSONAL TRUST         522,781    2,101
     CHARLOTTE, NC
  5  Chase Bank of Texas, National Associ  LIMITED TERM TAX EXEMPT TRUST                  01 PERSONAL TRUST         510,423    1,910
     HOUSTON, TX
  6  Bank of America National Trust and S  NATIONAL INTERMEDIATE TAX EX BOND FD           01 PERSONAL TRUST         503,478    2,232
     SAN FRANCISCO, CA
  7  Bankers Trust Company                 TAX FREE INCOME FUND                           01 PERSONAL TRUST         441,007    1,222
     NEW YORK CITY, NY
  8  NationsBank, National Association     TAX-EXEMPT BOND FUND                           01 PERSONAL TRUST         436,204    1,555
     CHARLOTTE, NC
  9  United States Trust Company of New Y  INTERMEDIATE-TERM TAX EXEMPT                   01 PERSONAL TRUST         431,301    1,568
     NEW YORK CITY, NY
 10  Bessemer Trust Company                FUND C MUNICIPAL BOND                          01 PERSONAL TRUST         416,802      880
     WOODBRIDGE, NJ
 11  STI Capital Management, National Ass  SUNTRUST INTERMEDIATE TAX EXEMPT FUND          01 PERSONAL TRUST         414,513    2,466
     ORLANDO, FL
 12  Boston Safe Deposit and Trust Compan  TAX EXEMPT BOND FUND                           01 PERSONAL TRUST         408,381      970
     BOSTON, MA
 13  United States Trust Company of New Y  LONG TERM TAX EXEMPT                           01 PERSONAL TRUST         407,605    1,637
     NEW YORK CITY, NY
 14  The Northern Trust Company            INTERMEDIATE TAX-EXEMPT BOND                   01 PERSONAL TRUST         402,038    1,417
     CHICAGO, IL
 15  Firstar Bank Milwaukee, National Ass  INTERMEDIATE TAX EXEMPT BOND FUND              01 PERSONAL TRUST         393,594    1,826
     MILWAUKEE, WI