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Previous: MUNICIPAL SECURITIES INCOME TRUST, 497, 1997-07-30 |
Next: BILTMORE MUNICIPAL FUNDS, 497, 1997-07-30 |
<PAGE> PAGE 1
000 A000000 05/31/97
000 C000000 0000867502
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 THE BILTMORE MUNICIPAL FUNDS
001 B000000 811-6201
001 C000000 4122886331
002 A000000 FEDERATED INVESTORS TOWER
002 B000000 PITTSBURGH
002 C000000 PA
002 D010000 15222
002 D020000 3779
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 BILTMORE SOUTH CAROLINA MUNI BOND FUND
007 C030100 N
007 C010200 2
007 C020200 BILTMORE NORTH CAROLINA MUNI BOND FUND
007 C030200 N
007 C010300 3
007 C020300 BILTMORE GEORGIA MUNICIPAL BOND FUND
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
010 A00AA01 FEDERATED ADMINISTRATIVE SERVICES
010 C01AA01 PITTSBURGH
010 C02AA01 PA
010 C03AA01 15222
010 C04AA01 3779
011 A00AA01 FEDERATED SECURITIES CORP.
011 B00AA01 8-15561
011 C01AA01 PITTSBURGH
011 C02AA01 PA
011 C03AA01 15222
011 C04AA01 3779
012 A00AA01 FEDERATED SHAREHOLDER SERVICES COMPANY
<PAGE> PAGE 2
012 B00AA01 84-1869
012 C01AA01 PITTSBURGH
012 C02AA01 PA
012 C03AA01 15222
012 C04AA01 3779
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 PITTSBURGH
013 B02AA01 PA
013 B03AA01 15219
015 A00AA01 WACHOVIA BANK, N.A.
015 B00AA01 C
015 C01AA01 WINSTON-SALEM
015 C02AA01 NC
015 C03AA01 27150
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 A000001 FIDELITY BROKERAGE SERVICES, INC.
022 B000001 04-2653569
022 C000001 13725
022 D000001 13902
022 A000002 INTERSTATE/JOHNSON LANE CORP.
022 B000002 56-0276690
022 C000002 6736
022 D000002 4550
022 A000003 FIRST UNION CORP.
022 B000003 56-1529080
022 C000003 5631
022 D000003 3327
022 A000004 DREYFUS CORPORATION (THE)
022 B000004 13-5673135
022 C000004 4435
022 D000004 2537
022 A000005 AIM MANAGEMENT CO.
022 C000005 3926
022 D000005 2529
022 A000006 FIRST UNION NATIONAL BANK N.A.
022 B000006 56-0898180
022 C000006 3472
<PAGE> PAGE 3
022 D000006 459
022 A000007 EQUITABLE SECURITIES CORP.
022 B000007 62-0871146
022 C000007 1079
022 D000007 2277
022 A000008 CRAIGIE INCORPORATED
022 B000008 54-0294670
022 C000008 1667
022 D000008 817
022 A000009 FIRST CHARLOTTE CORP.
022 B000009 56-1154091
022 C000009 954
022 D000009 964
022 A000010 FIRST WINSTON SECURITIES, INC.
022 C000010 0
022 D000010 1529
023 C000000 44593
023 D000000 36252
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 N
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
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034 00AA00 N
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036 B00AA00 0
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038 00AA00 0
039 00AA00 N
040 00AA00 N
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042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
045 00AA00 Y
046 00AA00 N
047 00AA00 Y
048 00AA00 0.750
048 A01AA00 0
048 A02AA00 0.000
<PAGE> PAGE 4
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 N
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 N
054 M00AA00 N
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 N
060 B00AA00 N
061 00AA00 500
<PAGE> PAGE 5
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
077 A000000 N
078 000000 N
083 B00AA00 0
084 B00AA00 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
008 A000101 WACHOVIA BANK OF SOUTH CAROLINA, N.A.
008 B000101 A
008 C000101 801-0000
008 D010101 COLUMBIA
008 D020101 SC
008 D030101 29226
024 000100 Y
025 A000101 DREYFUS
025 C000101 E
025 D000101 759
025 A000102 FIDELITY
025 C000102 E
025 D000102 1056
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025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
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028 C030100 0
<PAGE> PAGE 6
028 C040100 1544
028 D010100 1191
028 D020100 153
028 D030100 0
028 D040100 1432
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028 F010100 1028
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028 G010100 7802
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029 000100 Y
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062 B000100 0.0
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062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 1.8
062 M000100 0.0
062 N000100 0.0
062 O000100 96.9
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 9.9
064 A000100 Y
064 B000100 N
070 A010100 Y
070 A020100 N
070 B010100 N
<PAGE> PAGE 7
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 Y
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 8407
071 B000100 11445
071 C000100 96065
071 D000100 9
072 A000100 6
072 B000100 2814
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 373
072 G000100 42
072 H000100 0
072 I000100 47
072 J000100 10
072 K000100 0
072 L000100 8
072 M000100 3
072 N000100 10
<PAGE> PAGE 8
072 O000100 0
072 P000100 0
072 Q000100 37
072 R000100 6
072 S000100 3
072 T000100 65
072 U000100 0
072 V000100 0
072 W000100 3
072 X000100 607
072 Y000100 254
072 Z000100 2461
072AA000100 161
072BB000100 150
072CC010100 0
072CC020100 1045
072DD010100 1521
072DD020100 940
072EE000100 404
073 A010100 0.2700
073 A020100 0.2800
073 B000100 0.0500
073 C000100 0.0000
074 A000100 0
074 B000100 0
074 C000100 0
074 D000100 97026
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 1815
074 J000100 0
074 K000100 0
074 L000100 1966
074 M000100 0
074 N000100 100807
074 O000100 0
074 P000100 0
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 661
074 S000100 0
074 T000100 100146
074 U010100 5683
074 U020100 3513
074 V010100 10.89
074 V020100 10.89
074 W000100 0.0000
<PAGE> PAGE 9
074 X000100 1849
074 Y000100 0
075 A000100 0
075 B000100 99986
076 000100 0.00
008 A000201 WACHOVIA ASSET MANAGEMENT
008 B000201 A
008 C000201 801-0000
008 D010201 WINSTON-SALEM
008 D020201 NC
008 D030201 27101
024 000200 Y
025 A000201 AIM
025 C000201 E
025 D000201 1167
025 A000202 DREYFUS
025 C000202 E
025 D000202 1081
025 A000203 FIDELITY
025 C000203 E
025 D000203 1189
025 D000204 0
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 1136
028 A020200 96
028 A030200 0
028 A040200 437
028 B010200 1813
028 B020200 45
028 B030200 0
028 B040200 1211
028 C010200 3176
028 C020200 42
028 C030200 0
028 C040200 1172
028 D010200 1739
028 D020200 38
028 D030200 0
028 D040200 606
028 E010200 3050
028 E020200 38
028 E030200 0
028 E040200 1285
028 F010200 1193
028 F020200 -4
028 F030200 0
028 F040200 404
028 G010200 12107
<PAGE> PAGE 10
028 G020200 255
028 G030200 0
028 G040200 5115
028 H000200 1586
029 000200 Y
030 A000200 12
030 B000200 4.50
030 C000200 0.00
031 A000200 1
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032 000200 11
033 000200 0
062 A000200 Y
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 1.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 90.9
062 P000200 0.0
062 Q000200 0.0
062 R000200 7.0
063 A000200 0
063 B000200 9.8
064 A000200 Y
064 B000200 N
070 A010200 Y
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
<PAGE> PAGE 11
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 10033
071 B000200 5145
071 C000200 42875
071 D000200 12
072 A000200 6
072 B000200 1131
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072 Z000200 928
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<PAGE> PAGE 12
072CC010200 0
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072DD010200 247
072DD020200 681
072EE000200 87
073 A010200 0.2200
073 A020200 0.0000
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074 C000200 500
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074 V010200 10.89
074 V020200 10.89
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076 000200 0.00
008 A000301 WACHOVIA BANK OF GEORGIA, N.A.
008 B000301 A
008 C000301 801-0000
008 D010301 ATLANTA
008 D020301 GA
008 D030301 30303
024 000300 Y
025 A000301 AIM GLOBAL MGMNT
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<PAGE> PAGE 13
025 D000301 230
025 A000302 FIDELITY
025 C000302 E
025 D000302 50
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025 D000304 0
025 D000305 0
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032 000300 14
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<PAGE> PAGE 14
062 E000300 0.0
062 F000300 0.0
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062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 2.0
062 M000300 0.0
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062 O000300 96.4
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063 B000300 10.5
064 A000300 Y
064 B000300 N
070 A010300 Y
070 A020300 N
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070 B020300 N
070 C010300 N
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
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070 F020300 N
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070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
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<PAGE> PAGE 15
070 Q020300 N
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<PAGE> PAGE 16
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SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 011
<NAME> The Biltmore Municipal Funds
Biltmore South Carolina Municipal Bond Fund
Class A Shares
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<FISCAL-YEAR-END> Nov-30-1997
<PERIOD-END> May-31-1997
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<NET-INVESTMENT-INCOME> 2,461,089
<REALIZED-GAINS-CURRENT> 10,963
<APPREC-INCREASE-CURRENT> (1,044,997)
<NET-CHANGE-FROM-OPS> 1,427,055
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<DISTRIBUTIONS-OF-INCOME> 1,520,944
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<SHARES-REINVESTED> 90,596
<NET-CHANGE-IN-ASSETS> (2,345,302)
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</TABLE>
<TABLE> <S> <C>
<S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 012
<NAME> The Biltmore Municipal Funds
Biltmore South Carolina Municipal Bond Fund
Class Y Shares
<PERIOD-TYPE> 6-mos
<FISCAL-YEAR-END> Nov-30-1997
<PERIOD-END> May-31-1997
<INVESTMENTS-AT-COST> 95,243,306
<INVESTMENTS-AT-VALUE> 98,840,395
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<TOTAL-LIABILITIES> 660,750
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<SHARES-COMMON-PRIOR> 3,305,292
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 10,743
<OVERDISTRIBUTION-GAINS> 0
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<DIVIDEND-INCOME> 0
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<NET-INVESTMENT-INCOME> 2,461,089
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<NET-CHANGE-IN-ASSETS> (2,345,302)
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<NAME> The Biltmore Municipal Funds
Biltmore North Carolina Municipal Bond Fund
Class A Shares
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
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<NAME> The Biltmore Municipal Funds
Biltmore North Carolina Municipal Bond Fund
Class Y Shares
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<NAME> The Biltmore Municipal Funds
Biltmore Georgia Municipal Bond Fund
Class A Shares
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<NAME> The Biltmore Municipal Funds
Biltmore Georgia Municipal Bond Fund
Class Y Shares
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