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<PAGE> PAGE 2
012 B00AA01 84-1571
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02116
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
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014 A00AA01 FIRST UNION BROKERAGE SERVICES, INC.
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014 A00AA02 LIEBER & CO.
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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SIGNATURE KEVIN KENELY
TITLE VICE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
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RECORDS.
</LEGEND>
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<NUMBER> 101
<NAME> EVERGREEN INSTITUTIONAL MONEY MARKET FUND CLASS A
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
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<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ACCOUNTING
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</LEGEND>
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<NAME> EVERGREEN INSTITUTIONAL TREASURY MONEY MARKET FUND CLASS A
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<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.41
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<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> 102
<NAME> EVERGREEN INSTITUTIONAL TREASURY MONEY MARKET FUND CLASS B
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-28-1998
<PERIOD-START> MAR-01-1997
<PERIOD-END> AUG-31-1997
<INVESTMENTS-AT-COST> 1,553,666,789
<INVESTMENTS-AT-VALUE> 1,553,666,789
<RECEIVABLES> 16,111,674
<ASSETS-OTHER> 40,778
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,569,819,241
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 189,785,459
<TOTAL-LIABILITIES> 189,785,459
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 797,643,521
<SHARES-COMMON-STOCK> 797,643,521
<SHARES-COMMON-PRIOR> 367,771,404
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 797,643,521
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 18,142,706
<OTHER-INCOME> 0
<EXPENSES-NET> (534,332)
<NET-INVESTMENT-INCOME> 17,608,374
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 17,608,374
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (17,608,374)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,338,878,666
<NUMBER-OF-SHARES-REDEEMED> (909,117,509)
<SHARES-REINVESTED> 110,960
<NET-CHANGE-IN-ASSETS> 429,872,117
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (490,870)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (534,332)
<AVERAGE-NET-ASSETS> 658,849,753
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0.00
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.17
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
