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007 C010400 4
007 C010500 5
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007 C010700 7
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008 A00AA02 LIEBER & CO.
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008 D02AA02 NY
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<PAGE>
011 C02AA01 NY
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012 A00AA01 STATE STREET BANK & TRUST CO.
012 B00AA01 84-
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012 C02AA01 MA
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013 A00AA01 KPMG PEAT MARWICK LLP
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014 A00AA02 FIRST UNION BROKERAGE SERVICES, INC.
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015 A00AA01 STATE STREET BANK & TRUST COMPANY
015 B00AA01 C
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<PAGE>
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022 C000007 1343
022 D000007 648
022 A000008 CHASE CORP. TRUST MTN.
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022 C000008 1889
022 D000008 0
022 A000009 J.P. MORGAN SECURITY
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<PAGE>
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<PAGE>
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<PAGE>
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054 H000100 N
054 I000100 N
054 J000100 N
054 K000100 N
054 L000100 Y
054 M000100 Y
054 N000100 N
054 O000100 N
055 A000100 N
055 B000100 N
056 000100 Y
057 000100 N
058 A000100 N
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070 H020100 N
070 I010100 N
070 I020100 N
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070 K010100 N
070 K020100 N
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070 L020100 Y
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<PAGE>
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SIGNATURE NOLA M. FALCONE
TITLE VICE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<NAME> Evergreen American Retirement Fund Class A
<SERIES>
<NUMBER> 11
<PERIOD-TYPE> 6-MOS
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<PERIOD-END> Jun-30-1996
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<NAME> Evergreen American Retirement Fund Class B
<SERIES>
<NUMBER> 12
<PERIOD-TYPE> 6-MOS
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<PERIOD-END> Jun-30-1996
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<ACCUMULATED-NII-CURRENT> 15,101
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<ACCUMULATED-NET-GAINS> 196,076
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 8,606,369
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<NAME> Evergreen American Retirement Fund Class C
<SERIES>
<NUMBER> 13
<PERIOD-TYPE> 6-MOS
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<PAID-IN-CAPITAL-COMMON> 61,067,340
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<OVERDISTRIBUTION-GAINS> 0
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<DISTRIBUTIONS-OF-GAINS> 1,243
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 46,709
<NUMBER-OF-SHARES-REDEEMED> 27
<SHARES-REINVESTED> 543
<NET-CHANGE-IN-ASSETS> 24,273,130
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 155,675
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 217,003
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 405,497
<AVERAGE-NET-ASSETS> 419,249
<PER-SHARE-NAV-BEGIN> 12.81
<PER-SHARE-NII> 0.16
<PER-SHARE-GAIN-APPREC> 0.54
<PER-SHARE-DIVIDEND> (0.16)
<PER-SHARE-DISTRIBUTIONS> (0.05)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.30
<EXPENSE-RATIO> 2.07
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<NAME> Evergreen American Retirement Fund Class Y
<SERIES>
<NUMBER> 14
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Dec-31-1996
<PERIOD-START> Jan-02-1996
<PERIOD-END> Jun-30-1996
<INVESTMENTS-AT-COST> 65,304,415
<INVESTMENTS-AT-VALUE> 73,910,784
<RECEIVABLES> 1,684,272
<ASSETS-OTHER> 122,850
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 75,717,906
<PAYABLE-FOR-SECURITIES> 5,718,718
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 114,302
<TOTAL-LIABILITIES> 5,833,020
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 61,067,340
<SHARES-COMMON-STOCK> 3,040,387
<SHARES-COMMON-PRIOR> 3,064,399
<ACCUMULATED-NII-CURRENT> 15,101
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 196,076
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 8,606,369
<NET-ASSETS> 40,541,136
<DIVIDEND-INCOME> 654,623
<INTEREST-INCOME> 666,464
<OTHER-INCOME> 0
<EXPENSES-NET> 388,195
<NET-INVESTMENT-INCOME> 932,892
<REALIZED-GAINS-CURRENT> 262,822
<APPREC-INCREASE-CURRENT> 2,096,441
<NET-CHANGE-FROM-OPS> 3,292,155
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 622,325
<DISTRIBUTIONS-OF-GAINS> 149,674
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 181,677
<NUMBER-OF-SHARES-REDEEMED> 256,106
<SHARES-REINVESTED> 50,417
<NET-CHANGE-IN-ASSETS> 24,273,130
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 155,675
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 217,003
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 405,497
<AVERAGE-NET-ASSETS> 39,726,581
<PER-SHARE-NAV-BEGIN> 12.83
<PER-SHARE-NII> 0.09
<PER-SHARE-GAIN-APPREC> 0.52
<PER-SHARE-DIVIDEND> (0.11)
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.33
<EXPENSE-RATIO> 1.07
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<NAME> Evergreen Small Cap Equity Income Fund Class A
<SERIES>
<NUMBER> 21
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Dec-31-1996
<PERIOD-START> Jan-01-1996
<PERIOD-END> Jun-30-1996
<INVESTMENTS-AT-COST> 5,557,482
<INVESTMENTS-AT-VALUE> 6,407,446
<RECEIVABLES> 603,573
<ASSETS-OTHER> 96,404
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7,107,423
<PAYABLE-FOR-SECURITIES> 500,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 79,556
<TOTAL-LIABILITIES> 579,556
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5,502,835
<SHARES-COMMON-STOCK> 25,775
<SHARES-COMMON-PRIOR> 18,701
<ACCUMULATED-NII-CURRENT> 1,225
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 173,843
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 849,964
<NET-ASSETS> 314,530
<DIVIDEND-INCOME> 104,933
<INTEREST-INCOME> 38,182
<OTHER-INCOME> 0
<EXPENSES-NET> 46,032
<NET-INVESTMENT-INCOME> 97,083
<REALIZED-GAINS-CURRENT> 185,386
<APPREC-INCREASE-CURRENT> 178,577
<NET-CHANGE-FROM-OPS> 461,046
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,153
<DISTRIBUTIONS-OF-GAINS> 1,914
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 12,440
<NUMBER-OF-SHARES-REDEEMED> 5,870
<SHARES-REINVESTED> 504
<NET-CHANGE-IN-ASSETS> 1,215,651
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 32,422
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 29,232
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 148,362
<AVERAGE-NET-ASSETS> 253,989
<PER-SHARE-NAV-BEGIN> 11.57
<PER-SHARE-NII> 0.17
<PER-SHARE-GAIN-APPREC> 0.73
<PER-SHARE-DIVIDEND> 0.18
<PER-SHARE-DISTRIBUTIONS> 0.09
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.20
<EXPENSE-RATIO> 1.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<NAME> Evergreen Small Cap Equity Income Fund Class B
<SERIES>
<NUMBER> 22
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Dec-31-1996
<PERIOD-START> Jan-01-1996
<PERIOD-END> Jun-30-1996
<INVESTMENTS-AT-COST> 5,557,482
<INVESTMENTS-AT-VALUE> 6,407,446
<RECEIVABLES> 603,573
<ASSETS-OTHER> 96,404
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7,107,423
<PAYABLE-FOR-SECURITIES> 500,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 79,556
<TOTAL-LIABILITIES> 579,556
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5,502,835
<SHARES-COMMON-STOCK> 33,729
<SHARES-COMMON-PRIOR> 22,977
<ACCUMULATED-NII-CURRENT> 1,225
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 173,843
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 849,964
<NET-ASSETS> 411,408
<DIVIDEND-INCOME> 104,933
<INTEREST-INCOME> 38,182
<OTHER-INCOME> 0
<EXPENSES-NET> 46,032
<NET-INVESTMENT-INCOME> 97,083
<REALIZED-GAINS-CURRENT> 185,386
<APPREC-INCREASE-CURRENT> 178,577
<NET-CHANGE-FROM-OPS> 461,046
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,264
<DISTRIBUTIONS-OF-GAINS> 2,630
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,392
<NUMBER-OF-SHARES-REDEEMED> 198
<SHARES-REINVESTED> 558
<NET-CHANGE-IN-ASSETS> 1,215,651
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 32,422
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 29,232
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 148,362
<AVERAGE-NET-ASSETS> 346,499
<PER-SHARE-NAV-BEGIN> 11.57
<PER-SHARE-NII> 0.13
<PER-SHARE-GAIN-APPREC> 0.73
<PER-SHARE-DIVIDEND> 0.14
<PER-SHARE-DISTRIBUTIONS> 0.09
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.20
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<NAME> Evergreen Small Cap Equity Income Fund Class C
<SERIES>
<NUMBER> 23
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Dec-31-1996
<PERIOD-START> Jan-01-1996
<PERIOD-END> Jun-30-1996
<INVESTMENTS-AT-COST> 5,557,482
<INVESTMENTS-AT-VALUE> 6,407,446
<RECEIVABLES> 603,573
<ASSETS-OTHER> 96,404
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7,107,423
<PAYABLE-FOR-SECURITIES> 500,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 79,556
<TOTAL-LIABILITIES> 579,556
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5,502,835
<SHARES-COMMON-STOCK> 3,168
<SHARES-COMMON-PRIOR> 2,044
<ACCUMULATED-NII-CURRENT> 1,225
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 173,843
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 849,964
<NET-ASSETS> 38,594
<DIVIDEND-INCOME> 104,933
<INTEREST-INCOME> 38,182
<OTHER-INCOME> 0
<EXPENSES-NET> 46,032
<NET-INVESTMENT-INCOME> 97,083
<REALIZED-GAINS-CURRENT> 185,386
<APPREC-INCREASE-CURRENT> 178,577
<NET-CHANGE-FROM-OPS> 461,046
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 365
<DISTRIBUTIONS-OF-GAINS> 194
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,083
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 41
<NET-CHANGE-IN-ASSETS> 1,215,651
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 32,422
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 29,232
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 148,362
<AVERAGE-NET-ASSETS> 29,293
<PER-SHARE-NAV-BEGIN> 11.56
<PER-SHARE-NII> 0.13
<PER-SHARE-GAIN-APPREC> 0.72
<PER-SHARE-DIVIDEND> 0.14
<PER-SHARE-DISTRIBUTIONS> 0.09
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.18
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<NAME> Evergreen Small Cap Equity Income Fund Class Y
<SERIES>
<NUMBER> 24
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> Dec-31-1996
<PERIOD-START> Jan-01-1996
<PERIOD-END> Jun-30-1996
<INVESTMENTS-AT-COST> 5,557,482
<INVESTMENTS-AT-VALUE> 6,407,446
<RECEIVABLES> 603,573
<ASSETS-OTHER> 96,404
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7,107,423
<PAYABLE-FOR-SECURITIES> 500,000
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 79,556
<TOTAL-LIABILITIES> 579,556
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 5,502,835
<SHARES-COMMON-STOCK> 471,836
<SHARES-COMMON-PRIOR> 415,210
<ACCUMULATED-NII-CURRENT> 1,225
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 173,843
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 849,964
<NET-ASSETS> 5,763,335
<DIVIDEND-INCOME> 104,933
<INTEREST-INCOME> 38,182
<OTHER-INCOME> 0
<EXPENSES-NET> 46,032
<NET-INVESTMENT-INCOME> 97,083
<REALIZED-GAINS-CURRENT> 185,386
<APPREC-INCREASE-CURRENT> 178,577
<NET-CHANGE-FROM-OPS> 461,046
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 87,076
<DISTRIBUTIONS-OF-GAINS> 39,227
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 82,966
<NUMBER-OF-SHARES-REDEEMED> 34,841
<SHARES-REINVESTED> 8,501
<NET-CHANGE-IN-ASSETS> 1,215,651
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 32,422
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 29,232
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 148,362
<AVERAGE-NET-ASSETS> 5,248,710
<PER-SHARE-NAV-BEGIN> 11.58
<PER-SHARE-NII> 0.20
<PER-SHARE-GAIN-APPREC> 0.71
<PER-SHARE-DIVIDEND> 0.19
<PER-SHARE-DISTRIBUTIONS> 0.09
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.21
<EXPENSE-RATIO> 1.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>