WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
RECORDS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH ACCOUNTING
RECORDS.
</LEGEND>
<SERIES>
<NUMBER> 105
<NAME> EVERGREEN SELECT ADJUSTABLE RATE FUND CLASS I
<PERIOD-TYPE> #VALUE!
<FISCAL-YEAR-END> 9/30/2001
<PERIOD-START> 10/1/1999
<PERIOD-END> 9/30/2000
<INVESTMENTS-AT-COST> "86,861,324 "
<INVESTMENTS-AT-VALUE> "86,469,834 "
<RECEIVABLES> "2,203,497 "
<ASSETS-OTHER> "94,673 "
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> "88,768,004 "
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> "279,962 "
<TOTAL-LIABILITIES> "279,962 "
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> "21,139,823 "
<SHARES-COMMON-STOCK> "2,140,426 "
<SHARES-COMMON-PRIOR> "2,880,183 "
<ACCUMULATED-NII-CURRENT> "25,278 "
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> "(733,585)"
<ACCUM-APPREC-OR-DEPREC> "(47,472)"
<NET-ASSETS> "20,384,044 "
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> "1,188,436 "
<OTHER-INCOME> 0
<EXPENSES-NET> "(121,298)"
<NET-INVESTMENT-INCOME> "1,067,138 "
<REALIZED-GAINS-CURRENT> "(139,718)"
<APPREC-INCREASE-CURRENT> "62,033 "
<NET-CHANGE-FROM-OPS> "989,453 "
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> "(1,056,751)"
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> "1,063,072 "
<NUMBER-OF-SHARES-REDEEMED> "(1,444,411)"
<SHARES-REINVESTED> "46,026 "
<NET-CHANGE-IN-ASSETS> "(3,172,111)"
<ACCUMULATED-NII-PRIOR> "23,908 "
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> "(782,347)"
<GROSS-ADVISORY-FEES> "(71,201)"
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> "(136,303)"
<AVERAGE-NET-ASSETS> "30,126,252 "
<PER-SHARE-NAV-BEGIN> 9.56
<PER-SHARE-NII> 0.61
<PER-SHARE-GAIN-APPREC> (0.05)
<PER-SHARE-DIVIDEND> (0.60)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.52
<EXPENSE-RATIO> 0.43
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>