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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1 )*
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Greenwich Street CA Muni Fund
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
397009101
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(CUSIP Number)
October 24, 2000
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
/X/ Rule 13d-1(b)
/ / Rule 13d-1(c)
/ / Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosure provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).
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Page 2 of 8 Pages
CUSIP No. 397009101
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(1) Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
Stevenson Capital Management
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(2) Check the Appropriate Box if a Member (a) / /
of a Group (See Instructions) (b) / /
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(3) SEC Use Only
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(4) Citizenship or Place of Organization
California
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Number of Shares (5) Sole Voting Power
Beneficially 269,602
Owned by --------------------------------------------------
Each Reporting (6) Shared Voting Power
Person With: 0
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(7) Sole Dispositive Power
269,602
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(8) Shared Dispositive Power
0
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(9) Aggregate Amount Beneficially Owned by Each Reporting Person
269,602
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(10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See
Instructions) / /
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(11) Percent of Class Represented by Amount in Row (9)
7.37%
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(12) Type of Reporting Person (See Instructions)
IA
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Page 3 of 8 Pages
ITEM 1.
(a) Name of Issuer
Greenwich Street CA Muni Fund
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(b) Address of Issuer's Principal Executive Office
125 Broad Street
New York, NY 10004
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ITEM 2.
(a) Name of Person Filing
This statement is being filed by (i) Stevenson Capital Management,
registered investment adviser ("IA"), and Walter Stevenson, the
sole proprietor thereof (together, the "Reporting Person").
IA's beneficial ownership of the Common Stock is direct as a result
of IA's discretionary authority to buy, sell, and vote shares of
such Common Stock for its investment advisory clients. Mr.
Stevenson's beneficial ownership of Common Stock is a result of his
control of IA. The beneficial ownership of Mr. Stevenson is
reported solely because Rules 13d-1(a) and (b) under the Securities
Exchange Act of 1934, as amended, require any person who is
"directly or indirectly" the beneficial owner of more than five
percent of any equity security of a specified class to file a
Schedule 13G within the specified time period. The answers in
blocks 5, 7, 9 and 11 above and in responses to item 4 are given on
the basis of the "indirect" beneficial ownership referred to in
such Rule, based on the direct beneficial ownership of Common Stock
by IA and the relationship of Mr. Stevenson to IA referred to above.
Information with respect to each Reporting Person is given solely
by the respective Reporting Person, and no Reporting Person
undertakes hereby any responsibility for the accuracy or
completeness of such information concerning any other Reporting
Person.
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(b) Address of Principal Business Office or, if none, Residence
IA's Principal Business Office is located at:
2420 Sand Hill Road, Suite 101
Menlo Park, California 94025
Mr. Stevenson's Principal Business Office is located at:
2420 Sand Hill Road, Suite 101
Menlo Park, California 94025
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Page 4 of 8 Pages
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(c) Citizenship
IA is a California sole proprietorship
Mr. Stevenson is a United States citizen
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(d) Title of Class of Securities
Common
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(e) CUSIP Number
397009101
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ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b) OR
240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:
(a) / / Broker or dealer registered under section 15 of the Act
(15 U.S.C. 78o).
(b) / / Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) / / Insurance company as defined in section 3(a)(19) of the Act
(15 U.S.C. 78c).
(d) / / Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).
(e) /X/ An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E).
(f) / / An employee benefit plan or endowment fund in accordance with
Section 240.13d-1(b)(1)(ii)(F).
(g) / / A parent holding company or control person in accordance with
Section 240.13d-1(b)(1)(ii)(G).
(h) / / A savings association as defined in section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813).
(i) / / A church plan that is excluded from the definition of an investment
company under section 3(c)(14) of the Investment Company Act of 1940
(15 U.S.C. 80a-3).
(j) / / Group, in accordance with Section 240.13d-1(b)(1)(ii)(J).
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Page 5 of 8 Pages
ITEM 4. OWNERSHIP
Common Stock:
(a) Amount Beneficially Owned:
7.37%
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(b) Percent of Class:
7.37%
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(c) Number of shares as to which the joint filers have:
(i) Sole power to vote or to direct the vote:
269,602
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(ii) Shared power to vote or to direct the vote:
0
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(iii) Sole power to dispose or to direct the disposition of:
269,602
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(iv) Shared power to dispose of or to direct the disposition of:
0
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ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following. / /
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON
IA, a registered investment adviser, and Mr. Stevenson, have the right or
the power to direct the receipt of dividends from Common Stock, and to direct
the receipt of proceeds from the sale of Common Stock to IA's investment
advisory clients. No single investment advisory client of IA owns more than
5% of the Common Stock.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY
Not Applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable.
ITEM 10. CERTIFICATION
(a) The following certification shall be included if the statement is filed
pursuant to section 240.13d-1(b):
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were acquired and are
held in the ordinary course of business and were not acquired
and are not held for the purpose of or with the effect of
changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose
or effect.
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Page 6 of 8 Pages
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
Date: October 27, 2000
STEVENSON CAPITAL MANAGEMENT
By: /s/Walter Stevenson
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Walter Stevenson
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Page 7 of 8 Pages
EXHIBIT A
2. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Pursuant to Rule 13d-1(b)(ii)(J) and Rule 13d-1(k)(l) under the Securities
and Exchange Act of 1934, the members of the group making this joint filing
are identified and classified as follows:
Name Classification
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Not applicable. Not applicable.
