<PAGE> PAGE 1
000 A000000 05/31/98
000 C000000 0000867502
000 D000000 N
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007 C020400 WACHOVIA VIRGINIA MUNICIPAL BOND FUND
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<PAGE> PAGE 2
010 C04AA01 3779
011 A00AA01 FEDERATED SECURITIES CORP.
011 B00AA01 8-15561
011 C01AA01 PITTSBURGH
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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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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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
076 000400 0.00
SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
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Class A Shares
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Wachovia Georgia Municipal Bond Fund
Class A Shares
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Wachovia Georgia Municipal Bond Fund
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Wachovia Virginia Municipal Bond Fund
Class A Shares
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Wachovia Virginia Municipal Bond Fund
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