The 104 funds that earned an A--our rating for superior risk-adjusted 
returns over the past five years

FUND                                        AVERAGE
                                           ANNUAL TOTAL    INVESTMENT
                                            RETURN(%)*      CATEGORY

59 WALL ST. T/F SHORT INT. FIXED INCOME**     3.6       Muni. Short
AIM TAX-FREE INTERMEDIATE                     4.9       Muni. Ntl. Interm.
AMERICAN CENTURY CALIF. HI-YLD. MUNI.**       6.3       Muni. Calif. Long
AMERICAN CENTURY CALIF. LTD.-TERM. T/F INV.** 4.4       Muni. S-S Interm.
AMERICAN CENTURY FLA. INTERM. MUNI. INV.**    5.5       Muni. S-S Interm.
AMERICAN CENTURY LTD.-TERM. T/F INV.**        4.5       Muni. Ntl. Interm.
AMERICAN PERFORMANCE SHORT-TERM INC.**        6.3       Short (Gen.)
BERNSTEIN SHORT DURATION CALIF. MUNI.**       3.7       Muni. S-S Interm.
BERNSTEIN SHORT DURATION DIV. MUNI.**         3.7       Muni. Short
BERNSTEIN SHORT DURATION N.Y. MUNI.**         3.6       Muni. S-S Interm.
CUFUND ADJUSTABLE RATE**                      5.7       Ultrashort
CUFUND SHORT-TERM MATURITY**                  5.8       Short Government
CALAMOS CONVERTIBLE A**                       17.9      Convertibles
CALAMOS CONVERTIBLE GROWTH & INCOME A**       23.1      Convertibles
CALVERT T/F RSV. LTD.-TERM A                  3.9       Muni. Short
COLORADO BONDSHARES**                         6.9       Muni. S-S Long
DREYFUS SHORT-TERM INCOME                     6.7       Short (Gen.)
DREYFUS SHORT-INTERM. MUNI.**                 4.2       Muni. Short
DUPREE KY. T/F SHORT-MED.                     3.9       Muni. S-S Interm.
DUPREE N.C. T/F SHORT-MED.**                  4.1       Muni. S-S Interm.
DUPREE TENN. T/F SHORT-MED.**                 4.1       Muni. S-S Interm.
EATON VANCE PRIME RATE RESERVES               6.1       Ultrashort
ECLIPSE ULTRA SHORT-TERM INC.**               5.7       Ultrashort
EXCELSIOR SHORT-TERM TAX EXEMPT SEC.**        3.8       Muni. Short
FEDERATED ARMS INSTL.**                       5.6       Ultrashort
FEDERATED LIMITED DURATION GOVT. IS**         5.3       Ultrashort
FEDERATED LTD.-TERM MUNI. A**                 3.6       Muni. Short
FEDERATED SHORT-TERM INCOME INSTL.**          6.0       Short (Gen.)
FEDERATED SHORT-TERM MUNI. TR. INSTL.**       4.0       Muni. Short
FIDELITY SHORT-TERM BOND                      5.6       Short (Gen.)
FIDELITY SPARTAN INTERM. MUNI                 5.3       Muni. Ntl. 
Interm.
FIDELITY SPARTAN SHORT-INTERM. MUNI. INC.     4.4       Muni. Ntl. Interm.
FIRST AMERICAN LTD.-TERM. INC. RET. A**       5.8       Short (Gen.)
FIRST HAWAII INTERM. MUNI.**                  4.0       Muni. S-S Interm.
FIRST TENN. TAX-FREE I**                      5.8       Muni. S-S Interm.
FRANKLIN ADJ. U.S. GOVT. SEC.**               5.6       Ultrashort
FRANKLIN CALIF. INTERM.-TERM T/F A**          5.6       Muni. Calif. 
Interm.
GOLDMAN SACHS ADJ. RATE GOVT. A**             5.4       Ultrashort
HARBOR SHORT DURATION**                       6.0       Intermediate (Gen.)
HIGHMARK CALIF. INTERM. T/F FID.**            5.2       Muni. Calif. 
Interm.
HOMESTEAD SHORT-TERM BOND**                   5.8       Short (Gen.)
HOUGH FLA. T/F SHORT-TERM**                   4.2       Muni. S-S Interm.
JANUS SHORT-TERM BOND**                       6.0       Short (Gen.)
KENT MICH. MUNICIPAL BOND INV.**              4.0       Muni. S-S Interm.
MAS LIMITED DURATION INSTL.**                 5.8       Short (Gen.)
MAINSTAY INSTL. SHORT-TERM BOND**             5.5       Short (Gen.)
MANAGERS SHORT DURATION GOVT.**               5.3       Ultrashort
MARSHALL SHORT-TERM INCOME INV.**             5.5       Short (Gen.)
MERCURY LOW DURATION I**                      5.9       Short (Gen.)
MERCURY SHORT-TERM INVESTMENT I**             5.6       Ultrashort
MERRILL LYNCH MUNI. BOND LTD. MATURITY B**    3.6       Muni. Short
MERRILL LYNCH SHORT-TERM U.S. GOVT. B**       4.9       Ultrashort
MONTEREY PIA SHORT-TERM GOVERNMENT**          6.2       Intermediate Govt.
MONTGOMERY SHORT DURATION GOVT. BOND R**      6.0       Intermediate Govt.
J.P. MORGAN INSTL. SHORT-TERM BOND**          5.8       Intermediate (Gen.)
MSDW SHORT-TERM BOND**                        5.5       Short (Gen.)
NATIONS SHORT-TERM MUNI. INCOME INV. A**      4.1       Muni. Short
NUVEEN FLAGSHIP OHIO MUNI. BOND R**           6.6       Muni. S-S Long
OFFITBANK NEW YORK MUNI. SELECT**             5.5       Muni. N.Y. 
Interm.
ONE GROUP ULTRA SHORT-TERM BOND A**           5.8       Ultrashort
OPPENHEIMER ROCHESTER LTD. N.Y. MUNI. A**     5.0       Muni. S-S Interm.
PAYDEN & RYGEL LIMITED MATURITY R**           5.5       Short (Gen.)
PAYDEN & RYGEL SHORT-DUR. T/F R**             3.8       Muni. Short
PERMANENT VERSATILE BOND**                    4.8       Short (Gen.)
T. ROWE PRICE MD. SHORT-TERM T/F BOND         3.9       Muni. S-S Interm.
T. ROWE PRICE SUMMIT MUNI. INTERMEDIATE**     5.2       Muni. Ntl. 
Interm.
T. ROWE PRICE T/F SHORT-INTERMEDIATE          4.4       Muni. Ntl. 
Interm.
RSI RETIREMENT SHORT-TERM INVESTMENT**        5.0       Short Government
F. RUSSELL SHORT-TERM BOND S**                5.5       Short (Gen.)
SEI DAILY SHORT DURATION GOVERNMENT A**       5.8       Intermediate Govt.
SM&R CAPITAL PRIMARY T**                      4.8       Short (Gen.)
SSGA YIELD PLUS**                             5.6       Ultrashort
SCHWAB CALIF. SHORT-INTERM. T/F BOND**        4.3       Muni. S-S Interm.
SCHWAB SHORT INTERMEDIATE T/F BOND**          4.1       Muni. Ntl. Interm.
SCUDDER HIGH-YIELD TAX-FREE S                 5.8       Muni. High-Yield
SIT MINN. TAX-FREE INCOME**                   4.8       Muni. S-S Long
SIT U.S. GOVERNMENT SECURITIES**              6.0       Long Government
SMITH BARNEY ADJ. RATE GOVT. INC. A**         5.1       Ultrashort
STANDISH CONTROLLED MATURITY**                5.8       Short (Gen.)
STANDISH INTERMEDIATE TAX-EXEMPT BOND**       5.1       Muni. Ntl. Interm.
STANDISH INTERNATIONAL FIXED INCOME INSTL.    9.2       International Bond
STANDISH SHORT-TERM ASSET RESERVE**           5.8       Short (Gen.)
STRONG ADVANTAGE INV.                         6.0       Ultrashort
STRONG ADVISOR SHORT DURATION BOND Z**        6.6       International Bond
STRONG MUNICIPAL ADVANTAGE**                  4.3       Muni. Short
STRONG SHORT-TERM BOND INV.                   6.0       Short (Gen.)
STRONG SHORT-TERM MUNICIPAL BOND INV.         4.7       Muni. Short
TCW GALILEO MORTGAGE-BACKED SEC. I**          6.2       Short Government
THORNBURG LTD.-TERM MUNI. CALIF. A**          4.4       Muni. S-S Interm.
THORNBURG LTD.-TERM MUNI. NATL. A             4.3       Muni. Ntl. Interm.
THORNBURG N.M. INTERM. MUNI. A**              4.4       Muni. S-S Interm.
U.S. GLOBAL INV. NEAR-TERM TAX-FREE**         4.5       Muni. Ntl. Interm.
USAA SHORT-TERM BOND**                        5.9       Short (Gen.)
USAA TAX-EXEMPT INTERMEDIATE                  5.4       Muni. Ntl. Interm.
USAA TAX-EXEMPT SHORT-TERM                    4.6       Muni. Short
VAN KAMPEN HIGH-YIELD MUNI. A                 5.2       Muni. High-Yield
VANGUARD CALIF. T/F INS. INTERM. TAX-EX.**    5.9       Muni. Calif. 
Interm.
VANGUARD CALIF. T/F INS. LONG-TERM TAX-EX.    7.1       Muni. Calif. Long
VANGUARD MUNI. BOND LTD.-TERM                 4.4       Muni. Short
VANGUARD MUNI. BOND SHORT-TERM                3.9       Muni. Short
VANGUARD SHORT-TERM FEDERAL                   5.9       Short Government
WARBURG PINCUS N.Y. INTERM. MUNI. CMN.**      4.8       Muni. N.Y. Interm.
WPG INTERMEDIATE MUNI. BOND**                 5.1       Muni. Ntl. 
Interm.
WELLS FARGO STABLE INCOME I                   5.7       Short (Gen.)


* 1996-2000, appreciation plus reinvestment of dividends and capital gains 
before taxes
** More fund data on BusinessWeek Online

Data: Standard & Poor's