TABLE B-7
 
                                               COLLECTIVE INVESTMENT FUNDS
                                             15 LARGEST MUNICIPAL BOND FUNDS
                                                      BY ASSET SIZE
                                                    DECEMBER 31, 1999
                                                                                                 FUND          TOTAL ASSETS   TOTAL
SEQ  NAME OF INSTITUTION                       FUND NAME                                     CLASSIFICATION    (THOUS. OF $) ACCOUNT
 
  1  Mellon Bank, National Association     DF PA TAX EXEMPT INCOME FUND                   01 PERSONAL TRUST         891,902    4,141
     PITTSBURGH, PA
  2  Wells Fargo Bank, National Associati  TAX EXEMPT INTERMEDIATE TERM BOND              01 PERSONAL TRUST         615,822    3,534
     SAN FRANCISCO, CA
  3  SunTrust Bank, Atlanta                SUNTRUST GEORGIA TAX FREE FUND                 01 PERSONAL TRUST         608,021    1,408
     ATLANTA, GA
  4  Wells Fargo Bank, National Associati  CALIFORNIA TAX EXEMPT TOTAL RETURN BOND        01 PERSONAL TRUST         571,720    3,202
     SAN FRANCISCO, CA
  5  Bank of America, National Associatio  NATIONAL INTERMEDIATE TAX-EXEMPT BOND FUND     01 PERSONAL TRUST         494,066    2,068
     CHARLOTTE, NC
  6  Chase Bank of Texas, National Associ  LIMITED TERM TAX EXEMPT TRUST                  01 PERSONAL TRUST         445,165    1,745
     HOUSTON, TX
  7  STI Capital Management, National Ass  SUNTRUST INTERMEDIATE TAX EXEMPT FUND          01 PERSONAL TRUST         444,159    2,355
     ORLANDO, FL
  8  Bankers Trust Company                 BANKERS TRUST TAX FREE INCOME FUND             01 PERSONAL TRUST         437,605    1,211
     NEW YORK CITY, NY
  9  United States Trust Company of New Y  INTERMEDIATE - TERM TAX EXEMPT                 01 PERSONAL TRUST         421,548    1,536
     NEW YORK CITY, NY
 10  Morgan Guaranty Trust Company of New  TAX EXEMPT BOND FUND                           01 PERSONAL TRUST         389,760      941
     NEW YORK CITY, NY
 11  Boston Safe Deposit and Trust Compan  TAX EXEMPT BOND FUND                           01 PERSONAL TRUST         385,253      909
     BOSTON, MA
 12  Bessemer Trust Company                FUND C MUNICIPAL BOND                          01 PERSONAL TRUST         383,086      882
     WOODBRIDGE, NJ
 13  Fleet National Bank                   FLEET TAX EXEMPT FUND                          01 PERSONAL TRUST         374,110    2,054
     PROVIDENCE, RI
 14  Bank of America, National Associatio  TAX-EXEMPT BOND FUND                           01 PERSONAL TRUST         368,382    1,354
     CHARLOTTE, NC
 15  Bank of America, National Associatio  NATIONAL SHORT INTERMEDIATE TAX-EXEMPT FUND    01 PERSONAL TRUST         358,651    1,039
     CHARLOTTE, NC