PREMIER CALIFORNIA MUNICIPAL BOND FUND
NSAR-A, 1994-09-27
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<PAGE>      PAGE  1
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013 B010001 NEW YORK
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022 A000002 BT SECURITIES CORPORATION
022 B000002 13-3131014
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022 B000003 13-2655998
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022 A000004 HAMBRO RESOURCE DEVELOPMENT, INC.
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SIGNATURE   MARIE E. CONNOLLY                            
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000797925
<NAME> PREMIER CALIFORNIA MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 1
   <NAME> CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1994
<PERIOD-END>                               JUL-31-1994
<INVESTMENTS-AT-COST>                           220792
<INVESTMENTS-AT-VALUE>                          228189
<RECEIVABLES>                                     9028
<ASSETS-OTHER>                                      14
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  237231
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2903
<TOTAL-LIABILITIES>                               2903
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        225044
<SHARES-COMMON-STOCK>                            16830
<SHARES-COMMON-PRIOR>                            17996
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           1886
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                    234328
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 7885
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1115
<NET-INVESTMENT-INCOME>                           6770
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<APPREC-INCREASE-CURRENT>                      (19125)
<NET-CHANGE-FROM-OPS>                          (10973)
<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            477
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<NET-CHANGE-IN-ASSETS>                         (28013)
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<OVERDIST-NET-GAINS-PRIOR>                           0
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1166
<AVERAGE-NET-ASSETS>                            228887
<PER-SHARE-NAV-BEGIN>                            13.64
<PER-SHARE-NII>                                    .36
<PER-SHARE-GAIN-APPREC>                          (.92)
<PER-SHARE-DIVIDEND>                             (.36)
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.72
<EXPENSE-RATIO>                                   .008
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000797925
<NAME> PREMIER CALIFORNIA MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 2
   <NAME> CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          JAN-31-1994
<PERIOD-END>                               JUL-31-1994
<INVESTMENTS-AT-COST>                           220792
<INVESTMENTS-AT-VALUE>                          228189
<RECEIVABLES>                                     9029
<ASSETS-OTHER>                                      13
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<TOTAL-ASSETS>                                  237231
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         2903
<TOTAL-LIABILITIES>                               2903
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        225045
<SHARES-COMMON-STOCK>                             1590
<SHARES-COMMON-PRIOR>                             1239
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           1886
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          7397
<NET-ASSETS>                                    234328
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                 7885
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    1115
<NET-INVESTMENT-INCOME>                           6770
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<APPREC-INCREASE-CURRENT>                      (19125)
<NET-CHANGE-FROM-OPS>                          (10973)
<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                             0
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<NET-CHANGE-IN-ASSETS>                         (28013)
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<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                             1365
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   2349
<AVERAGE-NET-ASSETS>                             18748
<PER-SHARE-NAV-BEGIN>                            13.64
<PER-SHARE-NII>                                    .33
<PER-SHARE-GAIN-APPREC>                          (.91)
<PER-SHARE-DIVIDEND>                             (.33)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.73
<EXPENSE-RATIO>                                   .014
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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