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010 A000001 EVERGREEN KEYSTONE INVESTMENT SERVICES, INC.
010 C010001 BOSTON
010 C020001 MA
010 C030001 02116
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010 A000002 THE BISYS GROUP, INC.
010 C010002 NEW YORK
010 C020002 NY
010 C030002 10019
011 A000001 EVERGREEN KEYSTONE DISTRIBUTOR, INC.
011 B000001 8-395
<PAGE> PAGE 2
011 C010001 BOSTON
011 C020001 MA
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012 C010001 BOSTON
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013 B010001 BOSTON
013 B020001 MA
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015 A000001 STATE STREET BANK & TRUST COMPANY
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015 C020001 MA
015 C030001 02110
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022 C000001 122830
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022 A000006 SECURITY PACIFIC NATIONAL TRUST COMPANY
<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 7
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<PAGE> PAGE 9
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SIGNATURE J. KEVIN KENELY
TITLE V.P. FUND ADMIN
<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> 101
<NAME> KEYSTONE TAX FREE FUND CLASS A
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1997
<PERIOD-START> JAN-01-1997
<PERIOD-END> JUN-30-1997
<INVESTMENTS-AT-COST> 1,342,011,467
<INVESTMENTS-AT-VALUE> 1,400,232,404
<RECEIVABLES> 64,856,888
<ASSETS-OTHER> 166,675
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,465,255,967
<PAYABLE-FOR-SECURITIES> 46,455,680
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 7,232,481
<TOTAL-LIABILITIES> 53,688,161
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,347,068,254
<SHARES-COMMON-STOCK> 183,328,013
<SHARES-COMMON-PRIOR> 201,937,602
<ACCUMULATED-NII-CURRENT> 2,255,240
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,826,055
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 58,418,257
<NET-ASSETS> 1,411,567,806
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 44,403,380
<OTHER-INCOME> 0
<EXPENSES-NET> (6,625,873)
<NET-INVESTMENT-INCOME> 37,777,507
<REALIZED-GAINS-CURRENT> 17,730,140
<APPREC-INCREASE-CURRENT> (20,824,784)
<NET-CHANGE-FROM-OPS> 34,682,863
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (38,479,774)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,159,277
<NUMBER-OF-SHARES-REDEEMED> (23,846,155)
<SHARES-REINVESTED> 3,077,289
<NET-CHANGE-IN-ASSETS> (146,317,986)
<ACCUMULATED-NII-PRIOR> 2,957,507
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (13,904,085)
<GROSS-ADVISORY-FEES> 3,071,270
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (6,625,873)
<AVERAGE-NET-ASSETS> 1,466,782,480
<PER-SHARE-NAV-BEGIN> 7.71
<PER-SHARE-NII> 0.20
<PER-SHARE-GAIN-APPREC> (0.01)
<PER-SHARE-DIVIDEND> (0.20)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 7.70
<EXPENSE-RATIO> 1.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>