WACHOVIA FUNDS
NSAR-B, 1999-01-29
Previous: STRATEGIC GLOBAL INCOME FUND INC, DEF 14A, 1999-01-29
Next: CORVAS INTERNATIONAL INC, SC 13G, 1999-01-29



<PAGE>      PAGE  1
000 B000000 11/30/98
000 C000000 0000881299
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 WACHOVIA FUNDS
001 B000000 811-6504
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 14
007 C010100  1
007 C020100 WACHOVIA U.S. TREASURY MONEY MARKET FUND
007 C030100 N
007 C010200  2
007 C020200 WACHOVIA MONEY MARKET FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C020400 WACHOVIA TAX-FREE MONEY MARKET FUND
007 C030400 N
007 C010500  5
007 C020500 WACHOVIA PRIME CASH MANAGEMENT FUND
007 C030500 N
007 C010600  6
007 C020600 WACHOVIA EQUITY FUND
007 C030600 N
007 C010700  7
007 C020700 WACHOVIA FIXED INCOME FUND
007 C030700 N
007 C010800  8
007 C020800 WACHOVIA EQUITY INDEX FUND
007 C030800 N
007 C010900  9
007 C020900 WACHOVIA SHORT-TERM FIXED INCOME FUND
007 C030900 N
007 C011000 10
007 C021000 WACHOVIA SPECIAL VALUES FUND
007 C031000 N
<PAGE>      PAGE  2
007 C011100 11
007 C021100 WACHOVIA BALANCED FUND
007 C031100 N
007 C011200 12
007 C021200 WACHOVIA QUANTITATIVE EQUITY FUND
007 C031200 N
007 C011300 13
007 C021300 WACHOVIA EMERGING MARKETS FUND
007 C031300 N
007 C011400 14
007 C021400 WACHOVIA GROWTH AND INCOME FUND
007 C031400 N
007 C011500 15
007 C021500 WACHOVIA INTERMEDIATE FIXED INCOME FUND
007 C031500 N
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
010 A00AA01 FEDERATED SERVICES COMPANY
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
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
018  00AA00 Y
019 A00AA00 N
019 B00AA00    0
020 A000001 REYNDERS GRAY & CO., INC.
020 B000001 13-2942212
020 C000001    220
020 A000002 SOCIETE GENERALE SECURITIES CO.
020 C000002    148
020 A000003 BEAR STEARNS & CO. INC.
020 B000003 13-3299429
<PAGE>      PAGE  3
020 C000003    117
020 A000004 CS FIRST BOSTON CORP.
020 B000004 13-5659485
020 C000004     98
020 A000005 FLEMING MARTIN
020 C000005     84
020 A000006 SANTANDER INVESTMENT SECURITIES
020 C000006     80
020 A000007 MERRILL LYNCH PIERCE FENNER & SMITH
020 B000007 13-5674085
020 C000007     78
020 A000008 DEUTSCHE BANK SECURITIES CORP.
020 B000008 13-2730828
020 C000008     71
020 A000009 BERNSTEIN SANFORD & CO., INC.
020 B000009 13-2625874
020 C000009     63
020 A000010 RBC DOMINION SECURITIES CORP.
020 B000010 13-5033225
020 C000010     59
021  000000     2125
022 A000001 GOLDMAN,SACHS & CO.
022 B000001 13-5108880
022 C000001 109715267
022 D000001      7366
022 A000002 MORGAN STANLEY & CO., INC.
022 B000002 13-2655998
022 C000002  81070194
022 D000002     31376
022 A000003 CS FIRST BOSTON CORP.
022 B000003 13-5659485
022 C000003  59745242
022 D000003      5176
022 A000004 MERRILL LYNCH PIERCE FENNER & SMITH
022 B000004 13-5674085
022 C000004  20857350
022 D000004    101058
022 A000005 LUMMIS & COMPANY
022 B000005 12-2792478
022 C000005   1621953
022 D000005         0
022 A000006 FUJI BANK & TRUST CO.
022 C000006    924364
022 D000006    370958
022 A000007 NOMURA SECURITIES INTERNATIONAL, INC.
022 B000007 13-2642206
022 C000007   1100747
022 D000007         0
022 A000008 LEHMAN BROTHERS INC.
022 B000008 13-2518466
022 C000008    846736
<PAGE>      PAGE  4
022 D000008     85744
022 A000009 PREBON
022 C000009    797704
022 D000009         0
022 A000010 CHASE SECURITIES, INC.
022 B000010 13-3112953
022 C000010    754583
022 D000010     23813
023 C000000  282484827
023 D000000    1679886
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 N
026 E000000 Y
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
027  000000 Y
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
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
<PAGE>      PAGE  5
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078  000000 N
080 A00AA00 LLOYD'S OF LONDON
080 C00AA00    25000
081 A00AA00 Y
081 B00AA00 115
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
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 ASSET MANAGEMENT
008 B000101 A
008 C000101 801-0000
008 D010101 WINSTON-SALEM
008 D020101 NC
008 D030101 27101
015 A000101 WACHOVIA BANK, N.A.
015 B000101 C
015 C010101 WINSTON-SALEM
015 C020101 NC
015 C030101 27150
015 E030101 X
024  000100 N
025 D000101       0
025 D000102       0
025 D000103       0
025 D000104       0
025 D000105       0
025 D000106       0
025 D000107       0
025 D000108       0
028 A010100     65783
028 A020100         4
<PAGE>      PAGE  6
028 A030100         0
028 A040100    105271
028 B010100     83208
028 B020100         4
028 B030100         0
028 B040100    143294
028 C010100     92803
028 C020100         4
028 C030100         0
028 C040100     74824
028 D010100    124565
028 D020100         4
028 D030100         0
028 D040100     98582
028 E010100    121102
028 E020100         4
028 E030100         0
028 E040100    152306
028 F010100    114471
028 F020100         4
028 F030100         0
028 F040100     98810
028 G010100    601932
028 G020100        24
028 G030100         0
028 G040100    673087
028 H000100         0
029  000100 N
030 A000100      0
030 B000100  0.00
030 C000100  0.00
031 A000100      0
031 B000100      0
032  000100      0
033  000100      0
034  000100 N
035  000100      0
036 B000100      0
037  000100 N
038  000100      0
039  000100 N
040  000100 Y
041  000100 Y
042 A000100   0
042 B000100   0
042 C000100 100
042 D000100   0
042 E000100   0
042 F000100   0
042 G000100   0
042 H000100   0
<PAGE>      PAGE  7
043  000100    602
044  000100      0
045  000100 Y
046  000100 N
047  000100 Y
048  000100  0.500
048 A010100        0
048 A020100 0.000
048 B010100        0
048 B020100 0.000
048 C010100        0
048 C020100 0.000
048 D010100        0
048 D020100 0.000
048 E010100        0
048 E020100 0.000
048 F010100        0
048 F020100 0.000
048 G010100        0
048 G020100 0.000
048 H010100        0
048 H020100 0.000
048 I010100        0
048 I020100 0.000
048 J010100        0
048 J020100 0.000
048 K010100        0
048 K020100 0.000
049  000100 N
050  000100 N
051  000100 N
052  000100 N
053 A000100 Y
053 B000100 Y
053 C000100 N
055 A000100 N
055 B000100 N
056  000100 Y
057  000100 N
058 A000100 N
059  000100 Y
060 A000100 Y
060 B000100 Y
061  000100     1000
062 A000100 Y
062 B000100  52.6
062 C000100   0.0
062 D000100  50.4
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
<PAGE>      PAGE  8
062 H000100   0.0
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
063 A000100  56
063 B000100  0.0
064 A000100 N
064 B000100 N
066 A000100 N
067  000100 N
068 A000100 N
068 B000100 N
069  000100 N
070 A010100 Y
070 A020100 Y
070 B010100 N
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 N
070 J020100 N
070 K010100 Y
070 K020100 N
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
<PAGE>      PAGE  9
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100         0
071 B000100         0
071 C000100         0
071 D000100    0
072 A000100 12
072 B000100    36424
072 C000100        0
072 D000100        0
072 E000100        0
072 F000100     3391
072 G000100      641
072 H000100        0
072 I000100        5
072 J000100      105
072 K000100        0
072 L000100       31
072 M000100       18
072 N000100       62
072 O000100        0
072 P000100        0
072 Q000100        1
072 R000100       15
072 S000100        3
072 T000100      602
072 U000100        0
072 V000100        0
072 W000100       25
072 X000100     4899
072 Y000100     2670
072 Z000100    34195
072AA000100        0
072BB000100        0
072CC010100        0
072CC020100        0
072DD010100    27083
072DD020100     7112
072EE000100        0
073 A010100   0.0500
073 A020100   0.0500
073 B000100   0.0000
073 C000100   0.0000
074 A000100        0
074 B000100   335010
074 C000100   350161
074 D000100        0
074 E000100        0
<PAGE>      PAGE  10
074 F000100        0
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100        0
074 K000100        0
074 L000100     2750
074 M000100        0
074 N000100   687921
074 O000100    19963
074 P000100        0
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     2649
074 S000100        0
074 T000100   665309
074 U010100   466538
074 U020100   198771
074 V010100     1.00
074 V020100     1.00
074 W000100   1.0000
074 X000100       99
074 Y000100        0
075 A000100   676063
075 B000100        0
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 27150
015 A000201 WACHOVIA BANK, N.A.
015 B000201 C
015 C010201 WINSTON-SALEM
015 C020201 NC
015 C030201 27150
015 E030201 X
024  000200 N
025 D000201       0
025 D000202       0
025 D000203       0
025 D000204       0
025 D000205       0
025 D000206       0
025 D000207       0
025 D000208       0
028 A010200     85161
028 A020200        47
<PAGE>      PAGE  11
028 A030200         0
028 A040200     70441
028 B010200     83103
028 B020200        49
028 B030200         0
028 B040200     71488
028 C010200     73755
028 C020200        56
028 C030200         0
028 C040200     60730
028 D010200    106731
028 D020200        65
028 D030200         0
028 D040200    103398
028 E010200     66097
028 E020200        63
028 E030200         0
028 E040200     34336
028 F010200     91148
028 F020200       129
028 F030200         0
028 F040200     60787
028 G010200    505995
028 G020200       409
028 G030200         0
028 G040200    401180
028 H000200         0
029  000200 N
030 A000200      0
030 B000200  0.00
030 C000200  0.00
031 A000200      0
031 B000200      0
032  000200      0
033  000200      0
034  000200 N
035  000200      0
036 B000200      0
037  000200 N
038  000200      0
039  000200 N
040  000200 Y
041  000200 Y
042 A000200   0
042 B000200   0
042 C000200 100
042 D000200   0
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200   0
<PAGE>      PAGE  12
043  000200   1570
044  000200      0
045  000200 Y
046  000200 N
047  000200 Y
048  000200  0.500
048 A010200        0
048 A020200 0.000
048 B010200        0
048 B020200 0.000
048 C010200        0
048 C020200 0.000
048 D010200        0
048 D020200 0.000
048 E010200        0
048 E020200 0.000
048 F010200        0
048 F020200 0.000
048 G010200        0
048 G020200 0.000
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200        0
048 K020200 0.000
049  000200 N
050  000200 N
051  000200 N
052  000200 N
053 A000200 Y
053 B000200 Y
055 A000200 N
055 B000200 N
056  000200 Y
057  000200 N
058 A000200 N
059  000200 Y
060 A000200 Y
060 B000200 Y
061  000200     1000
062 A000200 Y
062 B000200   0.0
062 C000200  11.7
062 D000200  20.7
062 E000200   0.0
062 F000200  26.4
062 G000200   0.0
062 H000200   1.5
<PAGE>      PAGE  13
062 I000200  26.6
062 J000200   3.0
062 K000200   0.0
062 L000200   9.8
062 M000200   0.0
062 N000200   0.0
062 O000200   0.0
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
063 A000200  70
063 B000200  0.0
064 A000200 N
064 B000200 N
066 A000200 N
067  000200 N
068 A000200 N
068 B000200 N
069  000200 N
070 A010200 Y
070 A020200 Y
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
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
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
<PAGE>      PAGE  14
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200         0
071 B000200         0
071 C000200         0
071 D000200    0
072 A000200 12
072 B000200    31867
072 C000200        0
072 D000200        0
072 E000200        0
072 F000200     2852
072 G000200      538
072 H000200        0
072 I000200        1
072 J000200       94
072 K000200        0
072 L000200       34
072 M000200       17
072 N000200       73
072 O000200        0
072 P000200        0
072 Q000200        1
072 R000200        6
072 S000200        4
072 T000200     1570
072 U000200        0
072 V000200        0
072 W000200       30
072 X000200     5230
072 Y000200     1483
072 Z000200    28120
072AA000200        0
072BB000200        0
072CC010200        0
072CC020200        0
072DD010200     9265
072DD020200    18855
072EE000200        0
073 A010200   0.0500
073 A020200   0.0500
073 B000200   0.0000
073 C000200   0.0000
074 A000200        0
074 B000200   137407
074 C000200   524042
074 D000200        0
074 E000200        0
074 F000200        0
<PAGE>      PAGE  15
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200        0
074 K000200        0
074 L000200     4771
074 M000200        0
074 N000200   666220
074 O000200        0
074 P000200        0
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200     2810
074 S000200        0
074 T000200   663410
074 U010200   181282
074 U020200   482128
074 V010200     1.00
074 V020200     1.00
074 W000200   1.0000
074 X000200      162
074 Y000200        0
075 A000200   570411
075 B000200        0
076  000200     0.00
008 A000401 WACHOVIA ASSET MANAGEMENT
008 B000401 A
008 C000401 801-0000
008 D010401 WINSTON-SALEM
008 D020401 NC
008 D030401 27101
015 A000401 WACHOVIA BANK, N.A.
015 B000401 C
015 C010401 WINSTON-SALEM
015 C020401 NC
015 C030401 27150
015 E030401 X
024  000400 N
025 D000401       0
025 D000402       0
025 D000403       0
025 D000404       0
025 D000405       0
025 D000406       0
025 D000407       0
025 D000408       0
028 A010400     47260
028 A020400         0
028 A030400         0
<PAGE>      PAGE  16
028 A040400     46781
028 B010400    147685
028 B020400         0
028 B030400         0
028 B040400     62563
028 C010400     28300
028 C020400         0
028 C030400         0
028 C040400     45927
028 D010400     92365
028 D020400         0
028 D030400         0
028 D040400     79295
028 E010400     38982
028 E020400         0
028 E030400         0
028 E040400     41733
028 F010400     44138
028 F020400         0
028 F030400         0
028 F040400     77620
028 G010400    398730
028 G020400         0
028 G030400         0
028 G040400    353919
028 H000400         0
029  000400 N
030 A000400      0
030 B000400  0.00
030 C000400  0.00
031 A000400      0
031 B000400      0
032  000400      0
033  000400      0
034  000400 N
035  000400      0
036 B000400      0
037  000400 N
038  000400      0
039  000400 N
040  000400 Y
041  000400 Y
042 A000400   0
042 B000400   0
042 C000400 100
042 D000400   0
042 E000400   0
042 F000400   0
042 G000400   0
042 H000400   0
043  000400    467
<PAGE>      PAGE  17
044  000400      0
045  000400 Y
046  000400 N
047  000400 Y
048  000400  0.500
048 A010400        0
048 A020400 0.000
048 B010400        0
048 B020400 0.000
048 C010400        0
048 C020400 0.000
048 D010400        0
048 D020400 0.000
048 E010400        0
048 E020400 0.000
048 F010400        0
048 F020400 0.000
048 G010400        0
048 G020400 0.000
048 H010400        0
048 H020400 0.000
048 I010400        0
048 I020400 0.000
048 J010400        0
048 J020400 0.000
048 K010400        0
048 K020400 0.000
049  000400 N
050  000400 N
051  000400 N
052  000400 N
053 A000400 Y
053 B000400 Y
053 C000400 N
055 A000400 N
055 B000400 N
056  000400 Y
057  000400 N
058 A000400 N
059  000400 Y
060 A000400 Y
060 B000400 Y
061  000400     1000
062 A000400 Y
062 B000400   0.0
062 C000400   0.0
062 D000400   0.0
062 E000400  95.7
062 F000400   0.0
062 G000400   0.0
062 H000400   0.0
<PAGE>      PAGE  18
062 I000400   0.0
062 J000400   0.0
062 K000400   0.0
062 L000400   4.1
062 M000400   0.0
062 N000400   0.0
062 O000400   0.0
062 P000400   0.0
062 Q000400   0.0
062 R000400   8.2
063 A000400  47
063 B000400  0.0
064 A000400 Y
064 B000400 N
066 A000400 N
067  000400 N
068 A000400 N
068 B000400 N
069  000400 N
070 A010400 Y
070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 N
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 Y
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 N
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 Y
070 P020400 N
<PAGE>      PAGE  19
070 Q010400 N
070 Q020400 N
070 R010400 N
070 R020400 N
071 A000400         0
071 B000400         0
071 C000400         0
071 D000400    0
072 A000400 12
072 B000400    13049
072 C000400        0
072 D000400        0
072 E000400        0
072 F000400     1878
072 G000400      354
072 H000400        0
072 I000400        2
072 J000400       69
072 K000400        0
072 L000400       29
072 M000400       11
072 N000400       64
072 O000400        0
072 P000400        0
072 Q000400        1
072 R000400       16
072 S000400        8
072 T000400      467
072 U000400        0
072 V000400        0
072 W000400       33
072 X000400     2932
072 Y000400     1563
072 Z000400    11680
072AA000400        0
072BB000400        0
072CC010400        0
072CC020400        0
072DD010400     8367
072DD020400     3313
072EE000400        0
073 A010400   0.0300
073 A020400   0.0300
073 B000400   0.0000
073 C000400   0.0000
074 A000400     2460
074 B000400        0
074 C000400   390886
074 D000400        0
074 E000400        0
074 F000400        0
<PAGE>      PAGE  20
074 G000400        0
074 H000400        0
074 I000400    16709
074 J000400        0
074 K000400        0
074 L000400     6062
074 M000400        0
074 N000400   416117
074 O000400        0
074 P000400        0
074 Q000400        0
074 R010400        0
074 R020400        0
074 R030400        0
074 R040400     7583
074 S000400        0
074 T000400   408534
074 U010400   275322
074 U020400   133211
074 V010400     1.00
074 V020400     1.00
074 W000400   1.0000
074 X000400       11
074 Y000400        0
075 A000400   375153
075 B000400        0
076  000400     0.00
008 A000501 WACHOVIA ASSET MANAGEMENT
008 B000501 A
008 C000501 801-0000
008 D010501 WINSTON-SALEM
008 D020501 NC
008 D030501 27101
015 A000501 WACHOVIA BANK, N.A.
015 B000501 C
015 C010501 WINSTON-SALEM
015 C020501 NC
015 C030501 27150
015 E030501 X
024  000500 N
025 D000501       0
025 D000502       0
025 D000503       0
025 D000504       0
025 D000505       0
025 D000506       0
025 D000507       0
025 D000508       0
028 A010500    382384
028 A020500         0
028 A030500         0
<PAGE>      PAGE  21
028 A040500    227131
028 B010500    283828
028 B020500         0
028 B030500         0
028 B040500    228748
028 C010500    460385
028 C020500         0
028 C030500         0
028 C040500    507562
028 D010500    565376
028 D020500         0
028 D030500         0
028 D040500    408074
028 E010500    229668
028 E020500         0
028 E030500         0
028 E040500    254830
028 F010500    149841
028 F020500         0
028 F030500         0
028 F040500    274015
028 G010500   2071482
028 G020500         0
028 G030500         0
028 G040500   1900361
028 H000500         0
029  000500 N
030 A000500      0
030 B000500  0.00
030 C000500  0.00
031 A000500      0
031 B000500      0
032  000500      0
033  000500      0
034  000500 N
035  000500      0
036 B000500      0
037  000500 N
038  000500      0
039  000500 N
040  000500 N
042 A000500   0
042 B000500   0
042 C000500   0
042 D000500   0
042 E000500   0
042 F000500   0
042 G000500   0
042 H000500   0
043  000500      0
044  000500      0
<PAGE>      PAGE  22
045  000500 Y
046  000500 N
047  000500 Y
048  000500  0.300
048 A010500        0
048 A020500 0.000
048 B010500        0
048 B020500 0.000
048 C010500        0
048 C020500 0.000
048 D010500        0
048 D020500 0.000
048 E010500        0
048 E020500 0.000
048 F010500        0
048 F020500 0.000
048 G010500        0
048 G020500 0.000
048 H010500        0
048 H020500 0.000
048 I010500        0
048 I020500 0.000
048 J010500        0
048 J020500 0.000
048 K010500        0
048 K020500 0.000
049  000500 N
050  000500 N
051  000500 N
052  000500 N
053 A000500 Y
053 B000500 Y
053 C000500 N
055 A000500 N
055 B000500 N
056  000500 Y
057  000500 N
058 A000500 N
059  000500 Y
060 A000500 Y
060 B000500 Y
061  000500  5000000
062 A000500 Y
062 B000500   0.0
062 C000500   5.2
062 D000500  18.2
062 E000500   0.0
062 F000500  28.7
062 G000500   0.0
062 H000500   0.0
062 I000500  31.7
<PAGE>      PAGE  23
062 J000500   2.7
062 K000500   0.0
062 L000500   9.2
062 M000500   0.0
062 N000500   0.0
062 O000500   0.0
062 P000500   0.0
062 Q000500   0.0
062 R000500   0.0
063 A000500  59
063 B000500  0.0
064 A000500 N
064 B000500 N
066 A000500 N
067  000500 N
068 A000500 N
068 B000500 N
069  000500 N
070 A010500 Y
070 A020500 Y
070 B010500 N
070 B020500 N
070 C010500 N
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
070 L010500 N
070 L020500 N
070 M010500 N
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 Y
070 P020500 N
070 Q010500 N
<PAGE>      PAGE  24
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500         0
071 B000500         0
071 C000500         0
071 D000500    0
072 A000500 12
072 B000500    95467
072 C000500        0
072 D000500        0
072 E000500        0
072 F000500     5124
072 G000500      854
072 H000500        0
072 I000500        9
072 J000500      208
072 K000500        0
072 L000500        5
072 M000500       45
072 N000500       89
072 O000500        0
072 P000500        0
072 Q000500        1
072 R000500       16
072 S000500       11
072 T000500        0
072 U000500        0
072 V000500        0
072 W000500       22
072 X000500     6384
072 Y000500     3308
072 Z000500    92391
072AA000500        0
072BB000500        0
072CC010500        0
072CC020500        0
072DD010500    92391
072DD020500        0
072EE000500        0
073 A010500   0.0500
073 A020500   0.0000
073 B000500   0.0000
073 C000500   0.0000
074 A000500        0
074 B000500   333031
074 C000500  1490880
074 D000500        0
074 E000500        0
074 F000500        0
074 G000500        0
<PAGE>      PAGE  25
074 H000500        0
074 I000500        0
074 J000500        0
074 K000500        0
074 L000500    50997
074 M000500        0
074 N000500  1874908
074 O000500        0
074 P000500        0
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500    45697
074 S000500        0
074 T000500  1829211
074 U010500  1829211
074 U020500        0
074 V010500     1.00
074 V020500     0.00
074 W000500   1.0000
074 X000500        3
074 Y000500        0
075 A000500  1709670
075 B000500        0
076  000500     0.00
008 A000601 WACHOVIA ASSET MANAGEMENT
008 B000601 A
008 C000601 801-0000
008 D010601 WINSTON-SALEM
008 D020601 NC
008 D030601 27101
015 A000601 WACHOVIA BANK, N.A.
015 B000601 C
015 C010601 WINSTON-SALEM
015 C020601 NC
015 C030601 27150
015 E030601 X
024  000600 Y
025 A000601 CITIGROUP
025 C000601 E
025 D000601    4873
025 A000602 MERRILL LYNCH
025 C000602 E
025 D000602    1005
025 A000603 GOLDMAN SACHS
025 C000603 D
025 D000603   32725
025 A000604 DELETE
025 D000604       0
025 A000605 DELETE
<PAGE>      PAGE  26
025 D000605       0
025 A000606 DELETE
025 D000606       0
025 D000607       0
025 D000608       0
028 A010600      6301
028 A020600       479
028 A030600         0
028 A040600      7337
028 B010600      5428
028 B020600         0
028 B030600         0
028 B040600      4255
028 C010600      5473
028 C020600         0
028 C030600         0
028 C040600      6532
028 D010600      4870
028 D020600       498
028 D030600         0
028 D040600      3416
028 E010600      3874
028 E020600         0
028 E030600         0
028 E040600      3686
028 F010600      5320
028 F020600         0
028 F030600         0
028 F040600      5153
028 G010600     31266
028 G020600       977
028 G030600         0
028 G040600     30379
028 H000600      7989
029  000600 Y
030 A000600    112
030 B000600  4.50
030 C000600  0.00
031 A000600     37
031 B000600      0
032  000600     74
033  000600      0
034  000600 Y
035  000600      7
036 A000600 N
036 B000600      0
037  000600 N
038  000600      0
039  000600 N
040  000600 Y
041  000600 Y
<PAGE>      PAGE  27
042 A000600   0
042 B000600   0
042 C000600 100
042 D000600   0
042 E000600   0
042 F000600   0
042 G000600   0
042 H000600   0
043  000600     35
044  000600      0
045  000600 Y
046  000600 N
047  000600 Y
048  000600  0.700
048 A010600        0
048 A020600 0.000
048 B010600        0
048 B020600 0.000
048 C010600        0
048 C020600 0.000
048 D010600        0
048 D020600 0.000
048 E010600        0
048 E020600 0.000
048 F010600        0
048 F020600 0.000
048 G010600        0
048 G020600 0.000
048 H010600        0
048 H020600 0.000
048 I010600        0
048 I020600 0.000
048 J010600        0
048 J020600 0.000
048 K010600        0
048 K020600 0.000
049  000600 N
050  000600 N
051  000600 N
052  000600 N
053 A000600 N
055 A000600 N
055 B000600 N
056  000600 Y
057  000600 N
058 A000600 N
059  000600 Y
060 A000600 Y
060 B000600 Y
061  000600      250
062 A000600 N
<PAGE>      PAGE  28
062 B000600   0.0
062 C000600   0.0
062 D000600   0.0
062 E000600   0.0
062 F000600   0.0
062 G000600   0.0
062 H000600   0.0
062 I000600   0.0
062 J000600   0.0
062 K000600   0.0
062 L000600   0.0
062 M000600   0.0
062 N000600   0.0
062 O000600   0.0
062 P000600   0.0
062 Q000600   0.0
062 R000600   0.0
063 A000600   0
063 B000600  0.0
066 A000600 Y
066 B000600 N
066 C000600 N
066 D000600 N
066 E000600 Y
066 F000600 N
066 G000600 N
067  000600 N
068 A000600 N
068 B000600 N
069  000600 N
070 A010600 Y
070 A020600 Y
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 Y
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
<PAGE>      PAGE  29
070 K020600 N
070 L010600 Y
070 L020600 Y
070 M010600 N
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600    336204
071 B000600    329739
071 C000600    219275
071 D000600  150
072 A000600 12
072 B000600     2297
072 C000600     2483
072 D000600        0
072 E000600        0
072 F000600     1650
072 G000600      222
072 H000600        0
072 I000600       28
072 J000600       47
072 K000600        0
072 L000600        6
072 M000600        9
072 N000600       46
072 O000600        0
072 P000600        0
072 Q000600        4
072 R000600       15
072 S000600        7
072 T000600      166
072 U000600        0
072 V000600        0
072 W000600       18
072 X000600     2218
072 Y000600        0
072 Z000600     2562
072AA000600    25423
072BB000600        0
072CC010600        0
072CC020600     9686
072DD010600     2512
072DD020600       10
<PAGE>      PAGE  30
072EE000600    21956
073 A010600   0.0000
073 A020600   0.0000
073 B000600   1.6800
073 C000600   0.0000
074 A000600        0
074 B000600    32725
074 C000600    12272
074 D000600        0
074 E000600        0
074 F000600   214088
074 G000600        0
074 H000600        0
074 I000600        0
074 J000600     5133
074 K000600        0
074 L000600     2051
074 M000600        0
074 N000600   266269
074 O000600     5765
074 P000600        0
074 Q000600        0
074 R010600        0
074 R020600        0
074 R030600        0
074 R040600     1351
074 S000600        0
074 T000600   259153
074 U010600    15924
074 U020600      361
074 V010600     0.00
074 V020600     0.00
074 W000600   0.0000
074 X000600     3753
074 Y000600        0
075 A000600        0
075 B000600   235627
076  000600     0.00
008 A000701 WACHOVIA ASSET MANAGEMENT
008 B000701 A
008 C000701 801-0000
008 D010701 WINSTON-SALEM
008 D020701 NC
008 D030701 27101
015 A000701 WACHOVIA BANK, N.A.
015 B000701 C
015 C010701 WINSTON-SALEM
015 C020701 NC
015 C030701 27150
015 E030701 X
024  000700 Y
<PAGE>      PAGE  31
025 A000701 BEAR STEARNS & CO., INC.
025 C000701 D
025 D000701    1284
025 A000702 GOLDMAN SACHS & CO.
025 C000702 D
025 D000702    3630
025 A000703 LEHMAN BROTHERS INC.
025 C000703 D
025 D000703    3807
025 A000704 MERRILL LYNCH PIERCE FENNER & SMITH
025 C000704 D
025 D000704    2109
025 A000705 MORGAN STANLEY AND CO., INC.
025 C000705 D
025 D000705    2203
025 A000706 NOMURA SECURITIES
025 C000706 D
025 D000706    2045
025 A000707 SALOMON SMITH BARNEY INC.
025 C000707 D
025 D000707    2131
025 D000708       0
028 A010700     11659
028 A020700       623
028 A030700         0
028 A040700      6990
028 B010700      4919
028 B020700       622
028 B030700         0
028 B040700      4110
028 C010700      8967
028 C020700       634
028 C030700         0
028 C040700      7441
028 D010700      7982
028 D020700       631
028 D030700         0
028 D040700      6108
028 E010700      6971
028 E020700       643
028 E030700         0
028 E040700      3899
028 F010700      4659
028 F020700       624
028 F030700         0
028 F040700      4622
028 G010700     45157
028 G020700      3777
028 G030700         0
028 G040700     33170
028 H000700     10734
<PAGE>      PAGE  32
029  000700 Y
030 A000700     10
030 B000700  4.50
030 C000700  0.25
031 A000700      1
031 B000700      0
032  000700      9
033  000700      0
034  000700 Y
035  000700      1
036 A000700 N
036 B000700      0
037  000700 N
038  000700      0
039  000700 N
040  000700 Y
041  000700 Y
042 A000700   0
042 B000700   0
042 C000700 100
042 D000700   0
042 E000700   0
042 F000700   0
042 G000700   0
042 H000700   0
043  000700      3
044  000700      0
045  000700 Y
046  000700 N
047  000700 Y
048  000700  0.600
048 A010700        0
048 A020700 0.000
048 B010700        0
048 B020700 0.000
048 C010700        0
048 C020700 0.000
048 D010700        0
048 D020700 0.000
048 E010700        0
048 E020700 0.000
048 F010700        0
048 F020700 0.000
048 G010700        0
048 G020700 0.000
048 H010700        0
048 H020700 0.000
048 I010700        0
048 I020700 0.000
048 J010700        0
048 J020700 0.000
<PAGE>      PAGE  33
048 K010700        0
048 K020700 0.000
049  000700 N
050  000700 N
051  000700 N
052  000700 N
053 A000700 Y
053 B000700 Y
053 C000700 N
055 A000700 N
055 B000700 N
056  000700 Y
057  000700 N
058 A000700 N
059  000700 Y
060 A000700 Y
060 B000700 Y
061  000700      250
062 A000700 Y
062 B000700   0.0
062 C000700   0.0
062 D000700   1.5
062 E000700   0.0
062 F000700   0.0
062 G000700   0.0
062 H000700   0.0
062 I000700   0.0
062 J000700   0.0
062 K000700   0.0
062 L000700   0.0
062 M000700  18.0
062 N000700  26.7
062 O000700   0.0
062 P000700  35.9
062 Q000700  16.6
062 R000700   7.3
063 A000700   0
063 B000700  7.5
064 A000700 N
064 B000700 N
066 A000700 N
067  000700 N
068 A000700 N
068 B000700 N
069  000700 N
070 A010700 Y
070 A020700 Y
070 B010700 N
070 B020700 N
070 C010700 Y
070 C020700 N
<PAGE>      PAGE  34
070 D010700 N
070 D020700 N
070 E010700 Y
070 E020700 Y
070 F010700 N
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 N
070 H020700 N
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 Y
070 K010700 Y
070 K020700 Y
070 L010700 N
070 L020700 N
070 M010700 N
070 M020700 N
070 N010700 Y
070 N020700 Y
070 O010700 Y
070 O020700 N
070 P010700 Y
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700    265292
071 B000700    232938
071 C000700    210334
071 D000700  111
072 A000700 12
072 B000700    12999
072 C000700      750
072 D000700        0
072 E000700        0
072 F000700     1315
072 G000700      207
072 H000700        0
072 I000700       20
072 J000700       44
072 K000700        0
072 L000700        5
072 M000700       11
072 N000700       35
072 O000700        0
072 P000700        0
072 Q000700       19
<PAGE>      PAGE  35
072 R000700       16
072 S000700        8
072 T000700       47
072 U000700        0
072 V000700        0
072 W000700       17
072 X000700     1744
072 Y000700      114
072 Z000700    12119
072AA000700     3569
072BB000700        0
072CC010700     2973
072CC020700        0
072DD010700      940
072DD020700    11375
072EE000700        0
073 A010700   0.0000
073 A020700   0.0000
073 B000700   0.0000
073 C000700   0.0000
074 A000700      198
074 B000700     3630
074 C000700        0
074 D000700   212669
074 E000700        0
074 F000700        0
074 G000700        0
074 H000700        0
074 I000700    18709
074 J000700     3803
074 K000700        0
074 L000700     3541
074 M000700        0
074 N000700   242550
074 O000700     3605
074 P000700        0
074 Q000700        0
074 R010700        0
074 R020700        0
074 R030700        0
074 R040700      902
074 S000700        0
074 T000700   238043
074 U010700     2429
074 U020700    21056
074 V010700     0.00
074 V020700     0.00
074 W000700   0.0000
074 X000700     1365
074 Y000700        0
075 A000700        0
<PAGE>      PAGE  36
075 B000700   219164
076  000700     0.00
008 A000801 WACHOVIA ASSET MANAGEMENT
008 B000801 A
008 C000801 801-0000
008 D010801 WINSTON-SALEM
008 D020801 NC
008 D030801 27101
015 A000801 WACHOVIA BANK, N.A.
015 B000801 C
015 C010801 WINSTON-SALEM
015 C020801 NC
015 C030801 27150
015 E030801 X
024  000800 Y
025 A000801 BEAR STEARNS
025 C000801 E
025 D000801     175
025 A000802 CITIGROUP
025 C000802 E
025 D000802    4384
025 A000803 J.P. MORGAN
025 C000803 E
025 D000803     729
025 A000804 LEHMAN BROTHERS
025 C000804 E
025 D000804     193
025 A000805 MERRILL LYNCH
025 C000805 E
025 D000805     948
025 A000806 MORGAN STANLEY, DEAN WITTER
025 C000806 E
025 D000806    1562
025 A000807 GOLDMAN SACHS
025 C000807 D
025 D000807   38843
025 A000808 DELETE
025 D000808       0
025 A000809 GOLDMAN SACHS
025 C000809 D
025 D000809    7148
025 D000810       0
025 D000811       0
025 D000812       0
025 D000813       0
025 D000814       0
025 D000815       0
025 D000816       0
028 A010800      9177
028 A020800      1162
028 A030800         0
<PAGE>      PAGE  37
028 A040800      7212
028 B010800     10587
028 B020800         0
028 B030800         0
028 B040800      3958
028 C010800     10801
028 C020800         0
028 C030800         0
028 C040800      4993
028 D010800      9525
028 D020800      1285
028 D030800         0
028 D040800      3986
028 E010800     13401
028 E020800         0
028 E030800         0
028 E040800      5228
028 F010800     23854
028 F020800         0
028 F030800         0
028 F040800     20780
028 G010800     77345
028 G020800      2447
028 G030800         0
028 G040800     46157
028 H000800     50007
029  000800 Y
030 A000800    135
030 B000800  4.50
030 C000800  0.25
031 A000800     13
031 B000800      0
032  000800    121
033  000800      0
034  000800 N
035  000800      0
036 B000800      0
037  000800 N
038  000800      0
039  000800 N
040  000800 N
042 A000800   0
042 B000800   0
042 C000800   0
042 D000800   0
042 E000800   0
042 F000800   0
042 G000800   0
042 H000800   0
043  000800      0
044  000800      0
<PAGE>      PAGE  38
045  000800 Y
046  000800 N
047  000800 Y
048  000800  0.300
048 A010800        0
048 A020800 0.000
048 B010800        0
048 B020800 0.000
048 C010800        0
048 C020800 0.000
048 D010800        0
048 D020800 0.000
048 E010800        0
048 E020800 0.000
048 F010800        0
048 F020800 0.000
048 G010800        0
048 G020800 0.000
048 H010800        0
048 H020800 0.000
048 I010800        0
048 I020800 0.000
048 J010800        0
048 J020800 0.000
048 K010800        0
048 K020800 0.000
049  000800 N
050  000800 N
051  000800 N
052  000800 N
053 A000800 N
055 A000800 N
055 B000800 N
056  000800 Y
057  000800 N
058 A000800 N
059  000800 Y
060 A000800 Y
060 B000800 Y
061  000800      250
062 A000800 N
062 B000800   0.0
062 C000800   0.0
062 D000800   0.0
062 E000800   0.0
062 F000800   0.0
062 G000800   0.0
062 H000800   0.0
062 I000800   0.0
062 J000800   0.0
062 K000800   0.0
<PAGE>      PAGE  39
062 L000800   0.0
062 M000800   0.0
062 N000800   0.0
062 O000800   0.0
062 P000800   0.0
062 Q000800   0.0
062 R000800   0.0
063 A000800   0
063 B000800  0.0
066 A000800 Y
066 B000800 N
066 C000800 N
066 D000800 N
066 E000800 N
066 F000800 N
066 G000800 Y
067  000800 N
068 A000800 N
068 B000800 N
069  000800 N
070 A010800 Y
070 A020800 Y
070 B010800 Y
070 B020800 N
070 C010800 N
070 C020800 N
070 D010800 Y
070 D020800 N
070 E010800 N
070 E020800 N
070 F010800 Y
070 F020800 Y
070 G010800 Y
070 G020800 N
070 H010800 Y
070 H020800 N
070 I010800 N
070 I020800 N
070 J010800 Y
070 J020800 N
070 K010800 Y
070 K020800 N
070 L010800 Y
070 L020800 Y
070 M010800 N
070 M020800 N
070 N010800 Y
070 N020800 N
070 O010800 Y
070 O020800 N
070 P010800 Y
<PAGE>      PAGE  40
070 P020800 N
070 Q010800 N
070 Q020800 N
070 R010800 N
070 R020800 N
071 A000800    121176
071 B000800     98931
071 C000800    344044
071 D000800   29
072 A000800 12
072 B000800     1977
072 C000800     4834
072 D000800        0
072 E000800        0
072 F000800     1069
072 G000800      337
072 H000800        0
072 I000800       27
072 J000800       66
072 K000800        0
072 L000800        6
072 M000800       11
072 N000800       33
072 O000800        0
072 P000800        0
072 Q000800        5
072 R000800       16
072 S000800        8
072 T000800      211
072 U000800        0
072 V000800        0
072 W000800       19
072 X000800     1808
072 Y000800        0
072 Z000800     5003
072AA000800      422
072BB000800        0
072CC010800    68215
072CC020800        0
072DD010800      945
072DD020800     3814
072EE000800     6375
073 A010800   0.2400
073 A020800   0.2900
073 B000800   0.4000
073 C000800   0.0000
074 A000800        0
074 B000800    38844
074 C000800    28448
074 D000800        0
074 E000800        0
<PAGE>      PAGE  41
074 F000800   356851
074 G000800        0
074 H000800        0
074 I000800        0
074 J000800        0
074 K000800        0
074 L000800     1392
074 M000800        0
074 N000800   425535
074 O000800        0
074 P000800        0
074 Q000800        0
074 R010800        0
074 R020800        0
074 R030800        0
074 R040800     2233
074 S000800        0
074 T000800   423302
074 U010800    12998
074 U020800     5871
074 V010800    22.41
074 V020800    22.44
074 W000800   0.0000
074 X000800     4114
074 Y000800        0
075 A000800        0
075 B000800   356386
076  000800     0.00
008 A000901 WACHOVIA ASSET MANAGEMENT
008 B000901 A
008 C000901 801-0000
008 D010901 WINSTON-SALEM
008 D020901 NC
008 D030901 27101
015 A000901 WACHOVIA BANK, N.A.
015 B000901 C
015 C010901 WINSTON-SALEM
015 C020901 NC
015 C030901 27150
015 E030901 X
024  000900 Y
025 A000901 LEHMAN BROTHERS HOLDINGS
025 C000901 D
025 D000901    2763
025 A000902 MORGAN STANLEY GROUP
025 C000902 D
025 D000902    1000
025 A000903 MERRILL LYNCH
025 C000903 D
025 D000903    2027
025 D000904       0
<PAGE>      PAGE  42
025 D000905       0
025 D000906       0
025 D000907       0
025 D000908       0
028 A010900      1311
028 A020900       396
028 A030900         0
028 A040900      1996
028 B010900      1846
028 B020900       399
028 B030900         0
028 B040900      1214
028 C010900      1582
028 C020900       401
028 C030900         0
028 C040900      1092
028 D010900      4480
028 D020900       406
028 D030900         0
028 D040900       942
028 E010900      1738
028 E020900       422
028 E030900         0
028 E040900       839
028 F010900      1028
028 F020900       416
028 F030900         0
028 F040900      2334
028 G010900     11985
028 G020900      2440
028 G030900         0
028 G040900      8417
028 H000900      2346
029  000900 Y
030 A000900      4
030 B000900  2.50
030 C000900  0.00
031 A000900      1
031 B000900      0
032  000900      3
033  000900      0
034  000900 N
035  000900      0
036 B000900      0
037  000900 N
038  000900      0
039  000900 N
040  000900 N
042 A000900   0
042 B000900   0
042 C000900   0
<PAGE>      PAGE  43
042 D000900   0
042 E000900   0
042 F000900   0
042 G000900   0
042 H000900   0
043  000900      0
044  000900      0
045  000900 Y
046  000900 N
047  000900 Y
048  000900  0.550
048 A010900        0
048 A020900 0.000
048 B010900        0
048 B020900 0.000
048 C010900        0
048 C020900 0.000
048 D010900        0
048 D020900 0.000
048 E010900        0
048 E020900 0.000
048 F010900        0
048 F020900 0.000
048 G010900        0
048 G020900 0.000
048 H010900        0
048 H020900 0.000
048 I010900        0
048 I020900 0.000
048 J010900        0
048 J020900 0.000
048 K010900        0
048 K020900 0.000
049  000900 N
050  000900 N
051  000900 N
052  000900 N
053 A000900 Y
053 B000900 Y
053 C000900 N
055 A000900 N
055 B000900 N
056  000900 Y
057  000900 N
058 A000900 N
059  000900 Y
060 A000900 Y
060 B000900 Y
061  000900      250
062 A000900 Y
062 B000900   0.0
<PAGE>      PAGE  44
062 C000900   0.0
062 D000900   1.8
062 E000900   0.0
062 F000900   0.0
062 G000900   0.0
062 H000900   0.0
062 I000900   0.0
062 J000900   0.0
062 K000900   0.0
062 L000900   0.0
062 M000900  10.0
062 N000900  38.3
062 O000900   0.0
062 P000900  45.0
062 Q000900   0.0
062 R000900   3.2
063 A000900   0
063 B000900  3.4
064 A000900 N
064 B000900 N
066 A000900 N
067  000900 N
068 A000900 N
068 B000900 N
069  000900 N
070 A010900 Y
070 A020900 Y
070 B010900 N
070 B020900 N
070 C010900 Y
070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 Y
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 Y
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 Y
070 J020900 N
070 K010900 Y
070 K020900 Y
070 L010900 Y
070 L020900 N
070 M010900 N
070 M020900 N
<PAGE>      PAGE  45
070 N010900 Y
070 N020900 Y
070 O010900 Y
070 O020900 N
070 P010900 Y
070 P020900 N
070 Q010900 N
070 Q020900 N
070 R010900 N
070 R020900 N
071 A000900    143685
071 B000900    135118
071 C000900    100306
071 D000900  135
072 A000900 12
072 B000900     6194
072 C000900      150
072 D000900        0
072 E000900        0
072 F000900      572
072 G000900       98
072 H000900        0
072 I000900        8
072 J000900       21
072 K000900        0
072 L000900        2
072 M000900        1
072 N000900       27
072 O000900        0
072 P000900        0
072 Q000900        3
072 R000900       13
072 S000900        4
072 T000900       25
072 U000900        0
072 V000900        0
072 W000900       14
072 X000900      788
072 Y000900      107
072 Z000900     5663
072AA000900      537
072BB000900        0
072CC010900      920
072CC020900        0
072DD010900      502
072DD020900     5082
072EE000900        0
073 A010900   0.5100
073 A020900   0.5300
073 B000900   0.0000
073 C000900   0.0000
<PAGE>      PAGE  46
074 A000900        0
074 B000900     1968
074 C000900        0
074 D000900   101564
074 E000900        0
074 F000900        0
074 G000900        0
074 H000900        0
074 I000900     3524
074 J000900        0
074 K000900        0
074 L000900     2091
074 M000900        0
074 N000900   109147
074 O000900        0
074 P000900        0
074 Q000900        0
074 R010900        0
074 R020900        0
074 R030900        0
074 R040900      278
074 S000900        0
074 T000900   108869
074 U010900     9923
074 U020900     1052
074 V010900     9.92
074 V020900     9.92
074 W000900   0.0000
074 X000900      312
074 Y000900        0
075 A000900        0
075 B000900   104075
076  000900     0.00
008 A001001 WACHOVIA ASSET MANAGEMENT
008 B001001 A
008 C001001 801-0000
008 D011001 WINSTON-SALEM
008 D021001 NC
008 D031001 27101
015 A001001 WACHOVIA BANK, N.A.
015 B001001 C
015 C011001 WINSTON-SALEM
015 C021001 NC
015 C031001 27150
015 E031001 X
024  001000 N
025 A001001 GOLDMAN SACHS & CO.
025 C001001 D
025 D001001   18604
025 D001002       0
025 D001003       0
<PAGE>      PAGE  47
025 D001004       0
025 D001005       0
025 D001006       0
025 D001007       0
025 D001008       0
028 A011000      6963
028 A021000         0
028 A031000         0
028 A041000      2000
028 B011000      7574
028 B021000         0
028 B031000         0
028 B041000      1968
028 C011000      3467
028 C021000         0
028 C031000         0
028 C041000      2310
028 D011000      3080
028 D021000         0
028 D031000         0
028 D041000      4507
028 E011000      1975
028 E021000         0
028 E031000         0
028 E041000      7814
028 F011000      5257
028 F021000         0
028 F031000         0
028 F041000      2099
028 G011000     28316
028 G021000         0
028 G031000         0
028 G041000     20698
028 H001000     16222
029  001000 Y
030 A001000    195
030 B001000  4.50
030 C001000  0.25
031 A001000     21
031 B001000      0
032  001000    174
033  001000      0
034  001000 N
035  001000      0
036 B001000      0
037  001000 N
038  001000      0
039  001000 N
040  001000 N
042 A001000   0
042 B001000   0
<PAGE>      PAGE  48
042 C001000   0
042 D001000   0
042 E001000   0
042 F001000   0
042 G001000   0
042 H001000   0
043  001000      0
044  001000      0
045  001000 Y
046  001000 N
047  001000 Y
048  001000  0.800
048 A011000        0
048 A021000 0.000
048 B011000        0
048 B021000 0.000
048 C011000        0
048 C021000 0.000
048 D011000        0
048 D021000 0.000
048 E011000        0
048 E021000 0.000
048 F011000        0
048 F021000 0.000
048 G011000        0
048 G021000 0.000
048 H011000        0
048 H021000 0.000
048 I011000        0
048 I021000 0.000
048 J011000        0
048 J021000 0.000
048 K011000        0
048 K021000 0.000
049  001000 N
050  001000 N
051  001000 N
052  001000 N
053 A001000 N
055 A001000 N
055 B001000 N
056  001000 Y
057  001000 N
058 A001000 N
059  001000 Y
060 A001000 Y
060 B001000 Y
061  001000      250
062 A001000 N
062 B001000   0.0
062 C001000   0.0
<PAGE>      PAGE  49
062 D001000   0.0
062 E001000   0.0
062 F001000   0.0
062 G001000   0.0
062 H001000   0.0
062 I001000   0.0
062 J001000   0.0
062 K001000   0.0
062 L001000   0.0
062 M001000   0.0
062 N001000   0.0
062 O001000   0.0
062 P001000   0.0
062 Q001000   0.0
062 R001000   0.0
063 A001000   0
063 B001000  0.0
066 A001000 Y
066 B001000 N
066 C001000 N
066 D001000 Y
066 E001000 N
066 F001000 N
066 G001000 N
067  001000 N
068 A001000 N
068 B001000 N
069  001000 N
070 A011000 Y
070 A021000 Y
070 B011000 Y
070 B021000 N
070 C011000 Y
070 C021000 N
070 D011000 Y
070 D021000 N
070 E011000 Y
070 E021000 N
070 F011000 Y
070 F021000 Y
070 G011000 Y
070 G021000 N
070 H011000 Y
070 H021000 N
070 I011000 N
070 I021000 N
070 J011000 Y
070 J021000 N
070 K011000 Y
070 K021000 Y
070 L011000 Y
<PAGE>      PAGE  50
070 L021000 Y
070 M011000 N
070 M021000 N
070 N011000 Y
070 N021000 N
070 O011000 Y
070 O021000 N
070 P011000 Y
070 P021000 N
070 Q011000 N
070 Q021000 N
070 R011000 N
070 R021000 N
071 A001000     64470
071 B001000     24236
071 C001000    120930
071 D001000   20
072 A001000 12
072 B001000     1635
072 C001000     1694
072 D001000        0
072 E001000        0
072 F001000     1185
072 G001000      140
072 H001000        0
072 I001000       42
072 J001000       30
072 K001000        0
072 L001000        6
072 M001000        4
072 N001000       27
072 O001000        0
072 P001000        0
072 Q001000        3
072 R001000       15
072 S001000        7
072 T001000      148
072 U001000        0
072 V001000        0
072 W001000       21
072 X001000     1628
072 Y001000        0
072 Z001000     1701
072AA001000     5465
072BB001000        0
072CC011000    15392
072CC021000        0
072DD011000      274
072DD021000      657
072EE001000    11569
073 A011000   0.1200
<PAGE>      PAGE  51
073 A021000   0.1500
073 B001000   1.7100
073 C001000   0.0000
074 A001000       62
074 B001000    18604
074 C001000      509
074 D001000      137
074 E001000     1679
074 F001000   128689
074 G001000        0
074 H001000        0
074 I001000      626
074 J001000      414
074 K001000        0
074 L001000      925
074 M001000        0
074 N001000   151645
074 O001000      211
074 P001000        0
074 Q001000        0
074 R011000        0
074 R021000        0
074 R031000        0
074 R041000     1476
074 S001000        0
074 T001000   149958
074 U011000     3682
074 U021000     5597
074 V011000    16.13
074 V021000    16.18
074 W001000   0.0000
074 X001000     8258
074 Y001000        0
075 A001000        0
075 B001000   148113
076  001000     0.00
008 A001101 WACHOVIA ASSET MANAGEMENT
008 B001101 A
008 C001101 801-0000
008 D011101 WINSTON-SALEM
008 D021101 NC
008 D031101 27101
015 A001101 WACHOVIA BANK, N.A.
015 B001101 C
015 C011101 WINSTON-SALEM
015 C021101 NC
015 C031101 27150
015 E031101 X
024  001100 Y
025 A001101 GOLDMAN SACHS & CO.
025 C001101 D
<PAGE>      PAGE  52
025 D001101   28282
025 A001102 LEHMAN BROTHERS INC.
025 C001102 D
025 D001102    1988
025 A001103 MERRILL LYNCH PIERCE FENNER & SMITH
025 C001103 E
025 D001103    1040
025 A001104 MERRILL LYNCH PIERCE FENNER & SMITH
025 C001104 D
025 D001104    2511
025 A001105 MORGAN STANLEY, DEAN WITTER & CO.
025 C001105 D
025 D001105    1009
025 A001106 SALOMON SMITH BARNEY INC.
025 C001106 D
025 D001106    2544
025 D001107       0
025 D001108       0
028 A011100     19138
028 A021100      3044
028 A031100         0
028 A041100      5830
028 B011100      7487
028 B021100         0
028 B031100         0
028 B041100      9147
028 C011100     19459
028 C021100         0
028 C031100         0
028 C041100     19002
028 D011100      5950
028 D021100      2934
028 D031100         0
028 D041100      7057
028 E011100      7832
028 E021100         0
028 E031100         0
028 E041100     16332
028 F011100     10099
028 F021100         0
028 F031100         0
028 F041100      8231
028 G011100     69965
028 G021100      5978
028 G031100         0
028 G041100     65599
028 H001100     33378
029  001100 Y
030 A001100    117
030 B001100  4.50
030 C001100  0.25
<PAGE>      PAGE  53
031 A001100     11
031 B001100      0
032  001100    106
033  001100      0
034  001100 Y
035  001100     20
036 A001100 N
036 B001100      0
037  001100 N
038  001100      0
039  001100 N
040  001100 Y
041  001100 Y
042 A001100   0
042 B001100   0
042 C001100 100
042 D001100   0
042 E001100   0
042 F001100   0
042 G001100   0
042 H001100   0
043  001100     75
044  001100      0
045  001100 Y
046  001100 N
047  001100 Y
048  001100  0.700
048 A011100        0
048 A021100 0.000
048 B011100        0
048 B021100 0.000
048 C011100        0
048 C021100 0.000
048 D011100        0
048 D021100 0.000
048 E011100        0
048 E021100 0.000
048 F011100        0
048 F021100 0.000
048 G011100        0
048 G021100 0.000
048 H011100        0
048 H021100 0.000
048 I011100        0
048 I021100 0.000
048 J011100        0
048 J021100 0.000
048 K011100        0
048 K021100 0.000
049  001100 N
050  001100 N
<PAGE>      PAGE  54
051  001100 N
052  001100 N
053 A001100 Y
053 B001100 Y
053 C001100 N
055 A001100 N
055 B001100 N
056  001100 Y
057  001100 N
058 A001100 N
059  001100 Y
060 A001100 Y
060 B001100 Y
061  001100      250
062 A001100 N
062 B001100   0.0
062 C001100   0.0
062 D001100   0.0
062 E001100   0.0
062 F001100   0.0
062 G001100   0.0
062 H001100   0.0
062 I001100   0.0
062 J001100   0.0
062 K001100   0.0
062 L001100   0.0
062 M001100   0.0
062 N001100   0.0
062 O001100   0.0
062 P001100   0.0
062 Q001100   0.0
062 R001100   0.0
063 A001100   0
063 B001100  0.0
066 A001100 Y
066 B001100 N
066 C001100 N
066 D001100 N
066 E001100 Y
066 F001100 N
066 G001100 N
067  001100 Y
068 A001100 N
068 B001100 N
069  001100 N
070 A011100 Y
070 A021100 Y
070 B011100 Y
070 B021100 N
070 C011100 Y
070 C021100 N
<PAGE>      PAGE  55
070 D011100 Y
070 D021100 N
070 E011100 Y
070 E021100 Y
070 F011100 Y
070 F021100 Y
070 G011100 Y
070 G021100 N
070 H011100 N
070 H021100 N
070 I011100 N
070 I021100 N
070 J011100 Y
070 J021100 N
070 K011100 Y
070 K021100 Y
070 L011100 Y
070 L021100 Y
070 M011100 N
070 M021100 N
070 N011100 Y
070 N021100 Y
070 O011100 Y
070 O021100 N
070 P011100 Y
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 N
070 R021100 N
071 A001100    501182
071 B001100    445171
071 C001100    359406
071 D001100  124
072 A001100 12
072 B001100     2447
072 C001100    12760
072 D001100        0
072 E001100        0
072 F001100     2728
072 G001100      365
072 H001100        0
072 I001100       28
072 J001100       71
072 K001100        0
072 L001100        5
072 M001100        8
072 N001100       60
072 O001100        0
072 P001100        0
072 Q001100        7
<PAGE>      PAGE  56
072 R001100       15
072 S001100       18
072 T001100      311
072 U001100        0
072 V001100        0
072 W001100       22
072 X001100     3638
072 Y001100      369
072 Z001100    11938
072AA001100    34803
072BB001100        0
072CC011100     5466
072CC021100        0
072DD011100     2396
072DD021100     9236
072EE001100    21080
073 A011100   0.0000
073 A021100   0.0000
073 B001100   0.9000
073 C001100   0.0000
074 A001100      372
074 B001100    28282
074 C001100        0
074 D001100   168788
074 E001100        0
074 F001100   221371
074 G001100        0
074 H001100        0
074 I001100     4813
074 J001100     7731
074 K001100        0
074 L001100     2788
074 M001100        0
074 N001100   434145
074 O001100     8327
074 P001100        0
074 Q001100        0
074 R011100        0
074 R021100        0
074 R031100        0
074 R041100     1929
074 S001100        0
074 T001100   423889
074 U011100     8678
074 U021100    22187
074 V011100     0.00
074 V021100     0.00
074 W001100   0.0000
074 X001100     4065
074 Y001100        0
075 A001100        0
<PAGE>      PAGE  57
075 B001100   389628
076  001100     0.00
008 A001201 WACHOVIA ASSET MANAGEMENT
008 B001201 A
008 C001201 801-0000
008 D011201 WINSTON-SALEM
008 D021201 NC
008 D031201 27101
008 A001202 TWIN CAPITAL MANAGEMENT, INC.
008 B001202 S
008 C001202 801-0000
008 D011202 MCMURRAY
008 D021202 PA
008 D031202 15317
015 A001201 WACHOVIA BANK, N.A.
015 B001201 C
015 C011201 WINSTON-SALEM
015 C021201 NC
015 C031201 27150
015 E031201 X
024  001200 Y
025 A001201 GOLDMAN SACHS & CO.
025 C001201 D
025 D001201   22958
025 D001202       0
025 D001203       0
025 D001204       0
025 D001205       0
025 D001206       0
025 D001207       0
025 D001208       0
028 A011200      8128
028 A021200       656
028 A031200         0
028 A041200      1979
028 B011200      9351
028 B021200         0
028 B031200         0
028 B041200      4111
028 C011200      7861
028 C021200         0
028 C031200         0
028 C041200     14678
028 D011200      3141
028 D021200       641
028 D031200         0
028 D041200      4571
028 E011200      5347
028 E021200         0
028 E031200         0
028 E041200      2495
<PAGE>      PAGE  58
028 F011200      3231
028 F021200         0
028 F031200         0
028 F041200      2974
028 G011200     37059
028 G021200      1297
028 G031200         0
028 G041200     30808
028 H001200     20234
029  001200 Y
030 A001200    157
030 B001200  4.50
030 C001200  0.25
031 A001200     16
031 B001200      0
032  001200    141
033  001200      0
034  001200 Y
035  001200     24
036 A001200 N
036 B001200      0
037  001200 N
038  001200      0
039  001200 N
040  001200 Y
041  001200 Y
042 A001200   0
042 B001200   0
042 C001200 100
042 D001200   0
042 E001200   0
042 F001200   0
042 G001200   0
042 H001200   0
043  001200     99
044  001200      0
045  001200 Y
046  001200 N
047  001200 Y
048  001200  0.700
048 A011200        0
048 A021200 0.000
048 B011200        0
048 B021200 0.000
048 C011200        0
048 C021200 0.000
048 D011200        0
048 D021200 0.000
048 E011200        0
048 E021200 0.000
048 F011200        0
<PAGE>      PAGE  59
048 F021200 0.000
048 G011200        0
048 G021200 0.000
048 H011200        0
048 H021200 0.000
048 I011200        0
048 I021200 0.000
048 J011200        0
048 J021200 0.000
048 K011200        0
048 K021200 0.000
049  001200 N
050  001200 N
051  001200 N
052  001200 N
053 A001200 Y
053 B001200 Y
053 C001200 N
055 A001200 N
055 B001200 N
056  001200 Y
057  001200 N
058 A001200 N
059  001200 Y
060 A001200 Y
060 B001200 Y
061  001200      250
062 A001200 N
062 B001200   0.0
062 C001200   0.0
062 D001200   0.0
062 E001200   0.0
062 F001200   0.0
062 G001200   0.0
062 H001200   0.0
062 I001200   0.0
062 J001200   0.0
062 K001200   0.0
062 L001200   0.0
062 M001200   0.0
062 N001200   0.0
062 O001200   0.0
062 P001200   0.0
062 Q001200   0.0
062 R001200   0.0
063 A001200   0
063 B001200  0.0
066 A001200 Y
066 B001200 N
066 C001200 N
066 D001200 N
<PAGE>      PAGE  60
066 E001200 Y
066 F001200 N
066 G001200 N
067  001200 N
068 A001200 N
068 B001200 N
069  001200 N
070 A011200 Y
070 A021200 Y
070 B011200 Y
070 B021200 N
070 C011200 Y
070 C021200 N
070 D011200 Y
070 D021200 N
070 E011200 Y
070 E021200 N
070 F011200 Y
070 F021200 Y
070 G011200 Y
070 G021200 N
070 H011200 N
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 N
070 L011200 Y
070 L021200 Y
070 M011200 N
070 M021200 N
070 N011200 N
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 Y
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 N
070 R021200 N
071 A001200    136936
071 B001200     99365
071 C001200    258850
071 D001200   38
072 A001200 12
072 B001200     3742
072 C001200     1908
072 D001200        0
<PAGE>      PAGE  61
072 E001200        0
072 F001200     1910
072 G001200      257
072 H001200        0
072 I001200       42
072 J001200       53
072 K001200        0
072 L001200        9
072 M001200        8
072 N001200       34
072 O001200        0
072 P001200        0
072 Q001200        4
072 R001200       16
072 S001200       11
072 T001200      280
072 U001200        0
072 V001200        0
072 W001200       19
072 X001200     2643
072 Y001200        4
072 Z001200     3011
072AA001200     8107
072BB001200        0
072CC011200    34371
072CC021200        0
072DD011200      550
072DD021200     2472
072EE001200    20879
073 A011200   0.0000
073 A021200   0.0000
073 B001200   1.7500
073 C001200   0.0000
074 A001200        0
074 B001200    22958
074 C001200     1996
074 D001200     9977
074 E001200        0
074 F001200   275355
074 G001200        0
074 H001200        0
074 I001200        0
074 J001200        0
074 K001200        0
074 L001200     1085
074 M001200       84
074 N001200   311455
074 O001200        0
074 P001200        0
074 Q001200        0
074 R011200        0
<PAGE>      PAGE  62
074 R021200        0
074 R031200        0
074 R041200     1898
074 S001200        0
074 T001200   309557
074 U011200     4075
074 U021200    11177
074 V011200     0.00
074 V021200     0.00
074 W001200   0.0000
074 X001200     8225
074 Y001200        0
075 A001200        0
075 B001200   272927
076  001200     0.00
008 A001301 WACHOVIA ASSET MANAGEMENT
008 B001301 A
008 C001301 801-0000
008 D011301 WINSTON-SALEM
008 D021301 NC
008 D031301 27101
015 A001301 WACHOVIA BANK, N.A.
015 B001301 C
015 C011301 WINSTON-SALEM
015 C021301 NC
015 C031301 27150
015 E031301 X
015 A001302 J.P. MORGAN SECURITIES, INC.
015 B001302 S
015 C011302 NEW YORK
015 C021302 NY
015 C031302 10260
015 C041302 0023
015 E041302 X
024  001300 Y
025 A001301 HSBC HOLDINGS
025 C001301 E
025 D001301     623
025 A001302 GOLDMAN SACHS
025 C001302 D
025 D001302    2753
025 D001303       0
025 D001304       0
025 D001305       0
025 D001306       0
025 D001307       0
025 D001308       0
028 A011300      4947
028 A021300         0
028 A031300         0
028 A041300      2509
<PAGE>      PAGE  63
028 B011300     10728
028 B021300         0
028 B031300         0
028 B041300      2371
028 C011300      2048
028 C021300         0
028 C031300         0
028 C041300      2297
028 D011300      1621
028 D021300         0
028 D031300         0
028 D041300      1397
028 E011300      1279
028 E021300         0
028 E031300         0
028 E041300      5355
028 F011300      7825
028 F021300         0
028 F031300         0
028 F041300      2323
028 G011300     28448
028 G021300         0
028 G031300         0
028 G041300     16252
028 H001300      2753
029  001300 Y
030 A001300      8
030 B001300  4.50
030 C001300  0.00
031 A001300      1
031 B001300      0
032  001300      7
033  001300      0
034  001300 N
035  001300      0
036 B001300      0
037  001300 N
038  001300      0
039  001300 N
040  001300 N
042 A001300   0
042 B001300   0
042 C001300   0
042 D001300   0
042 E001300   0
042 F001300   0
042 G001300   0
042 H001300   0
043  001300      0
044  001300      0
045  001300 Y
<PAGE>      PAGE  64
046  001300 N
047  001300 Y
048  001300  1.000
048 A011300        0
048 A021300 0.000
048 B011300        0
048 B021300 0.000
048 C011300        0
048 C021300 0.000
048 D011300        0
048 D021300 0.000
048 E011300        0
048 E021300 0.000
048 F011300        0
048 F021300 0.000
048 G011300        0
048 G021300 0.000
048 H011300        0
048 H021300 0.000
048 I011300        0
048 I021300 0.000
048 J011300        0
048 J021300 0.000
048 K011300        0
048 K021300 0.000
049  001300 N
050  001300 N
051  001300 N
052  001300 N
053 A001300 Y
053 B001300 Y
053 C001300 N
055 A001300 N
055 B001300 N
056  001300 Y
057  001300 N
058 A001300 N
059  001300 Y
060 A001300 Y
060 B001300 Y
061  001300      250
062 A001300 N
062 B001300   0.0
062 C001300   0.0
062 D001300   0.0
062 E001300   0.0
062 F001300   0.0
062 G001300   0.0
062 H001300   0.0
062 I001300   0.0
062 J001300   0.0
<PAGE>      PAGE  65
062 K001300   0.0
062 L001300   0.0
062 M001300   0.0
062 N001300   0.0
062 O001300   0.0
062 P001300   0.0
062 Q001300   0.0
062 R001300   0.0
063 A001300   0
063 B001300  0.0
066 A001300 Y
066 B001300 N
066 C001300 Y
066 D001300 N
066 E001300 N
066 F001300 N
066 G001300 N
067  001300 N
068 A001300 N
068 B001300 Y
069  001300 N
070 A011300 Y
070 A021300 Y
070 B011300 Y
070 B021300 N
070 C011300 Y
070 C021300 N
070 D011300 Y
070 D021300 N
070 E011300 Y
070 E021300 N
070 F011300 Y
070 F021300 N
070 G011300 Y
070 G021300 N
070 H011300 Y
070 H021300 N
070 I011300 N
070 I021300 N
070 J011300 Y
070 J021300 Y
070 K011300 Y
070 K021300 Y
070 L011300 Y
070 L021300 Y
070 M011300 Y
070 M021300 Y
070 N011300 Y
070 N021300 N
070 O011300 Y
070 O021300 N
<PAGE>      PAGE  66
070 P011300 Y
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 N
070 R021300 N
071 A001300    114596
071 B001300     69107
071 C001300    134927
071 D001300   51
072 A001300 12
072 B001300      885
072 C001300     3060
072 D001300        0
072 E001300        0
072 F001300     1526
072 G001300      144
072 H001300        0
072 I001300       58
072 J001300      355
072 K001300        0
072 L001300       10
072 M001300        4
072 N001300       33
072 O001300        0
072 P001300        0
072 Q001300        9
072 R001300       16
072 S001300       23
072 T001300       22
072 U001300        0
072 V001300        0
072 W001300       21
072 X001300     2221
072 Y001300        3
072 Z001300     1727
072AA001300        0
072BB001300    26904
072CC011300        0
072CC021300    16293
072DD011300       80
072DD021300     1628
072EE001300        0
073 A011300   0.1000
073 A021300   0.1300
073 B001300   0.0000
073 C001300   0.0000
074 A001300     1902
074 B001300     5870
074 C001300        0
074 D001300     1116
<PAGE>      PAGE  67
074 E001300     4100
074 F001300   119249
074 G001300        0
074 H001300        0
074 I001300     7187
074 J001300      986
074 K001300        0
074 L001300      491
074 M001300       27
074 N001300   140928
074 O001300      846
074 P001300        0
074 Q001300        0
074 R011300        0
074 R021300        0
074 R031300        0
074 R041300      507
074 S001300        0
074 T001300   139575
074 U011300    15507
074 U021300     1029
074 V011300     8.43
074 V021300     8.44
074 W001300   0.0000
074 X001300     4728
074 Y001300        0
075 A001300        0
075 B001300   152583
076  001300     0.00
008 A001401 WACHOVIA ASSET MANAGEMENT
008 B001401 A
008 C001401 801-0000
008 D011401 WINSTON-SALEM
008 D021401 NC
008 D031401 27101
015 A001401 WACHOVIA BANK, N.A.
015 B001401 C
015 C011401 WINSTON-SALEM
015 C021401 NC
015 C031401 27150
015 E031401 X
024  001400 Y
025 A001401 MERRILL LYNCH
025 C001401 E
025 D001401    2280
025 A001402 MORGAN STANLEY, DEAN WITTER
025 C001402 E
025 D001402    9437
025 A001403 CITIGROUP,INC.
025 C001403 E
025 D001403    6846
<PAGE>      PAGE  68
025 A001404 GOLDMAN SACHS GROUP LP
025 C001404 E
025 D001404   12763
025 A001405 DELETE
025 D001405       0
025 D001406       0
025 D001407       0
025 D001408       0
028 A011400      1064
028 A021400       265
028 A031400         0
028 A041400      5076
028 B011400       812
028 B021400         0
028 B031400         0
028 B041400      4220
028 C011400       648
028 C021400         0
028 C031400         0
028 C041400      2339
028 D011400       551
028 D021400       282
028 D031400         0
028 D041400      2418
028 E011400       341
028 E021400         0
028 E031400         0
028 E041400      2633
028 F011400       772
028 F021400         0
028 F031400         0
028 F041400      3502
028 G011400      4188
028 G021400       547
028 G031400         0
028 G041400     20188
028 H001400      1794
029  001400 Y
030 A001400     67
030 B001400  4.50
030 C001400  0.25
031 A001400      7
031 B001400      0
032  001400     60
033  001400      0
034  001400 N
035  001400      0
036 B001400      0
037  001400 N
038  001400      0
039  001400 N
<PAGE>      PAGE  69
040  001400 Y
041  001400 Y
042 A001400   0
042 B001400   0
042 C001400 100
042 D001400   0
042 E001400   0
042 F001400   0
042 G001400   0
042 H001400   0
043  001400    270
044  001400      0
045  001400 Y
046  001400 N
047  001400 Y
048  001400  0.700
048 A011400        0
048 A021400 0.000
048 B011400        0
048 B021400 0.000
048 C011400        0
048 C021400 0.000
048 D011400        0
048 D021400 0.000
048 E011400        0
048 E021400 0.000
048 F011400        0
048 F021400 0.000
048 G011400        0
048 G021400 0.000
048 H011400        0
048 H021400 0.000
048 I011400        0
048 I021400 0.000
048 J011400        0
048 J021400 0.000
048 K011400        0
048 K021400 0.000
049  001400 N
050  001400 N
051  001400 N
052  001400 N
053 A001400 Y
053 B001400 Y
053 C001400 N
055 A001400 N
055 B001400 N
056  001400 Y
057  001400 N
058 A001400 N
059  001400 Y
<PAGE>      PAGE  70
060 A001400 Y
060 B001400 Y
061  001400      250
062 A001400 N
062 B001400   0.0
062 C001400   0.0
062 D001400   0.0
062 E001400   0.0
062 F001400   0.0
062 G001400   0.0
062 H001400   0.0
062 I001400   0.0
062 J001400   0.0
062 K001400   0.0
062 L001400   0.0
062 M001400   0.0
062 N001400   0.0
062 O001400   0.0
062 P001400   0.0
062 Q001400   0.0
062 R001400   0.0
063 A001400   0
063 B001400  0.0
066 A001400 Y
066 B001400 N
066 C001400 N
066 D001400 N
066 E001400 Y
066 F001400 N
066 G001400 N
067  001400 N
068 A001400 N
068 B001400 N
069  001400 N
070 A011400 Y
070 A021400 Y
070 B011400 Y
070 B021400 N
070 C011400 Y
070 C021400 N
070 D011400 Y
070 D021400 N
070 E011400 N
070 E021400 N
070 F011400 Y
070 F021400 Y
070 G011400 Y
070 G021400 N
070 H011400 Y
070 H021400 N
070 I011400 N
<PAGE>      PAGE  71
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 Y
070 K021400 N
070 L011400 Y
070 L021400 Y
070 M011400 N
070 M021400 N
070 N011400 Y
070 N021400 N
070 O011400 Y
070 O021400 N
070 P011400 Y
070 P021400 N
070 Q011400 N
070 Q021400 N
070 R011400 N
070 R021400 N
071 A001400     74141
071 B001400    151115
071 C001400    311006
071 D001400   24
072 A001400 12
072 B001400     3970
072 C001400     1817
072 D001400        0
072 E001400        0
072 F001400     2595
072 G001400      416
072 H001400        0
072 I001400       99
072 J001400       52
072 K001400        0
072 L001400       13
072 M001400        8
072 N001400       55
072 O001400        0
072 P001400        0
072 Q001400       34
072 R001400        8
072 S001400       16
072 T001400      450
072 U001400        0
072 V001400        0
072 W001400       25
072 X001400     3782
072 Y001400      322
072 Z001400     2327
072AA001400    39310
072BB001400        0
<PAGE>      PAGE  72
072CC011400    20725
072CC021400        0
072DD011400     1096
072DD021400      848
072EE001400    16599
073 A011400   0.1000
073 A021400   0.0900
073 B001400   1.0100
073 C001400   0.0000
074 A001400        0
074 B001400    12763
074 C001400     1098
074 D001400        0
074 E001400        0
074 F001400   318396
074 G001400        0
074 H001400        0
074 I001400        0
074 J001400     6476
074 K001400        0
074 L001400      565
074 M001400        0
074 N001400   339299
074 O001400     2019
074 P001400        0
074 Q001400        0
074 R011400        0
074 R021400        0
074 R031400        0
074 R041400      798
074 S001400        0
074 T001400   336482
074 U011400     5871
074 U021400    12998
074 V011400    23.54
074 V021400    23.55
074 W001400   0.0000
074 X001400     5536
074 Y001400        0
075 A001400        0
075 B001400   325140
076  001400     0.00
008 A001501 WACHOVIA ASSET MANAGEMNET
008 B001501 A
008 C001501 801-0000
008 D011501 WINSTON-SALEM
008 D021501 NC
008 D031501 27101
015 A001501 WACHOVIA BANK, N.A.
015 B001501 C
015 C011501 WINSTON-SALEM
<PAGE>      PAGE  73
015 C021501 NC
015 C031501 27150
015 E031501 X
024  001500 Y
025 A001501 MERRILL LYNCH
025 B001501 135674085
025 C001501 D
025 D001501    2000
025 A001502 LEHMAN BROTHERS
025 B001502 132518466
025 C001502 D
025 D001502    2000
025 A001503 SALOMON SMITH BARNEY
025 B001503 133082694
025 C001503 D
025 D001503    3000
025 A001504 PAINEWEBBER
025 B001504 132638166
025 C001504 D
025 D001504    1000
025 A001505 J.P. MORGAN
025 B001505 133224016
025 C001505 D
025 D001505    3000
025 D001506       0
025 D001507       0
025 D001508       0
028 A011500       538
028 A021500        48
028 A031500         0
028 A041500       869
028 B011500       569
028 B021500        50
028 B031500         0
028 B041500       641
028 C011500       471
028 C021500        47
028 C031500         0
028 C041500       819
028 D011500       486
028 D021500        41
028 D031500         0
028 D041500      2771
028 E011500       659
028 E021500        79
028 E031500         0
028 E041500       551
028 F011500       530
028 F021500         0
028 F031500         0
028 F041500      1963
<PAGE>      PAGE  74
028 G011500      3253
028 G021500       265
028 G031500         0
028 G041500      7614
028 H001500       279
029  001500 Y
030 A001500      1
030 B001500  4.50
030 C001500  0.25
031 A001500      0
031 B001500      0
032  001500      1
033  001500      0
034  001500 N
035  001500      0
036 B001500      0
037  001500 N
038  001500      0
039  001500 N
040  001500 Y
041  001500 Y
042 A001500   0
042 B001500   0
042 C001500 100
042 D001500   0
042 E001500   0
042 F001500   0
042 G001500   0
042 H001500   0
043  001500     78
044  001500      0
045  001500 Y
046  001500 N
047  001500 Y
048  001500  0.600
048 A011500        0
048 A021500 0.000
048 B011500        0
048 B021500 0.000
048 C011500        0
048 C021500 0.000
048 D011500        0
048 D021500 0.000
048 E011500        0
048 E021500 0.000
048 F011500        0
048 F021500 0.000
048 G011500        0
048 G021500 0.000
048 H011500        0
048 H021500 0.000
<PAGE>      PAGE  75
048 I011500        0
048 I021500 0.000
048 J011500        0
048 J021500 0.000
048 K011500        0
048 K021500 0.000
049  001500 N
050  001500 N
051  001500 N
052  001500 N
053 A001500 Y
053 B001500 Y
053 C001500 N
055 A001500 N
055 B001500 N
056  001500 Y
057  001500 N
058 A001500 N
059  001500 Y
060 A001500 Y
060 B001500 Y
061  001500      250
062 A001500 Y
062 B001500   0.0
062 C001500   0.0
062 D001500   2.2
062 E001500   0.0
062 F001500   0.0
062 G001500   0.0
062 H001500   0.0
062 I001500   0.0
062 J001500   0.0
062 K001500   0.0
062 L001500   4.3
062 M001500  36.6
062 N001500  23.2
062 O001500   0.0
062 P001500  33.1
062 Q001500   0.0
062 R001500   0.0
063 A001500   0
063 B001500  6.9
064 A001500 N
064 B001500 N
066 A001500 N
067  001500 N
068 A001500 N
068 B001500 N
069  001500 N
070 A011500 Y
070 A021500 N
<PAGE>      PAGE  76
070 B011500 N
070 B021500 N
070 C011500 Y
070 C021500 N
070 D011500 N
070 D021500 N
070 E011500 Y
070 E021500 N
070 F011500 N
070 F021500 N
070 G011500 Y
070 G021500 N
070 H011500 N
070 H021500 N
070 I011500 N
070 I021500 N
070 J011500 Y
070 J021500 N
070 K011500 Y
070 K021500 N
070 L011500 Y
070 L021500 N
070 M011500 N
070 M021500 N
070 N011500 Y
070 N021500 N
070 O011500 Y
070 O021500 N
070 P011500 Y
070 P021500 N
070 Q011500 N
070 Q021500 N
070 R011500 N
070 R021500 N
071 A001500     50906
071 B001500     56871
071 C001500     89696
071 D001500   57
072 A001500 12
072 B001500     5899
072 C001500       23
072 D001500        0
072 E001500        0
072 F001500      607
072 G001500      121
072 H001500        0
072 I001500       15
072 J001500       19
072 K001500        0
072 L001500        8
072 M001500        3
<PAGE>      PAGE  77
072 N001500       46
072 O001500        0
072 P001500        0
072 Q001500       12
072 R001500        3
072 S001500       12
072 T001500       85
072 U001500        0
072 V001500        0
072 W001500       12
072 X001500      943
072 Y001500      130
072 Z001500     5109
072AA001500     4966
072BB001500        0
072CC011500        0
072CC021500     1521
072DD011500     2130
072DD021500     3157
072EE001500        0
073 A011500   0.5200
073 A021500   0.4100
073 B001500   0.0000
073 C001500   0.0000
074 A001500       55
074 B001500     2018
074 C001500        0
074 D001500    89988
074 E001500        0
074 F001500        0
074 G001500        0
074 H001500        0
074 I001500        0
074 J001500        0
074 K001500        0
074 L001500     2307
074 M001500        0
074 N001500    94368
074 O001500     1432
074 P001500        0
074 Q001500        0
074 R011500        0
074 R021500        0
074 R031500        0
074 R041500      346
074 S001500        0
074 T001500    92590
074 U011500      458
074 U021500     8462
074 V011500    10.38
074 V021500    10.38
<PAGE>      PAGE  78
074 W001500   0.0000
074 X001500      405
074 Y001500        0
075 A001500        0
075 B001500    94812
076  001500     0.00
SIGNATURE   STEVE KEANE                                  
TITLE       GENERAL COUNSEL     
 


<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     111
     <NAME>                       Wachovia Balanced Fund - Class A Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             377,902,566
<INVESTMENTS-AT-VALUE>            423,253,686
<RECEIVABLES>                     10,519,564
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              372,442
<TOTAL-ASSETS>                    434,145,692
<PAYABLE-FOR-SECURITIES>          8,326,753
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,929,548
<TOTAL-LIABILITIES>               10,256,301
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          339,299,631
<SHARES-COMMON-STOCK>             8,678,212
<SHARES-COMMON-PRIOR>             3,844,910
<ACCUMULATED-NII-CURRENT>         1,790,481
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           33,237,855
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          49,561,424
<NET-ASSETS>                      119,093,445
<DIVIDEND-INCOME>                 2,446,517
<INTEREST-INCOME>                 12,760,353
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (3,269,232)
<NET-INVESTMENT-INCOME>           11,937,638
<REALIZED-GAINS-CURRENT>          34,803,316
<APPREC-INCREASE-CURRENT>         5,465,835
<NET-CHANGE-FROM-OPS>             52,206,789
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (2,395,836)
<DISTRIBUTIONS-OF-GAINS>          (3,838,968)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           5,764,174
<NUMBER-OF-SHARES-REDEEMED>       (1,421,643)
<SHARES-REINVESTED>               490,771
<NET-CHANGE-IN-ASSETS>            116,921,910
<ACCUMULATED-NII-PRIOR>           1,489,127
<ACCUMULATED-GAINS-PRIOR>         20,300,768
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             2,727,915
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   3,637,683
<AVERAGE-NET-ASSETS>              84,495,082
<PER-SHARE-NAV-BEGIN>             13.260
<PER-SHARE-NII>                   0.240
<PER-SHARE-GAIN-APPREC>           1.500
<PER-SHARE-DIVIDEND>              (0.380)
<PER-SHARE-DISTRIBUTIONS>         (0.900)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               13.720
<EXPENSE-RATIO>                   1.01
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     112
     <NAME>                       Wachovia Balanced Fund - Class B Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             377,902,566
<INVESTMENTS-AT-VALUE>            423,253,686
<RECEIVABLES>                     10,519,564
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              372,442
<TOTAL-ASSETS>                    434,145,692
<PAYABLE-FOR-SECURITIES>          8,326,753
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,929,548
<TOTAL-LIABILITIES>               10,256,301
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          339,299,631
<SHARES-COMMON-STOCK>             1,019,693
<SHARES-COMMON-PRIOR>             447,025
<ACCUMULATED-NII-CURRENT>         1,790,481
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           33,237,855
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          49,561,424
<NET-ASSETS>                      13,963,133
<DIVIDEND-INCOME>                 2,446,517
<INTEREST-INCOME>                 12,760,353
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (3,269,232)
<NET-INVESTMENT-INCOME>           11,937,638
<REALIZED-GAINS-CURRENT>          34,803,316
<APPREC-INCREASE-CURRENT>         5,465,835
<NET-CHANGE-FROM-OPS>             52,206,789
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (210,069)
<DISTRIBUTIONS-OF-GAINS>          (425,121)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           593,884
<NUMBER-OF-SHARES-REDEEMED>       (71,305)
<SHARES-REINVESTED>               50,089
<NET-CHANGE-IN-ASSETS>            116,921,910
<ACCUMULATED-NII-PRIOR>           1,489,127
<ACCUMULATED-GAINS-PRIOR>         20,300,768
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             2,727,915
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   3,637,683
<AVERAGE-NET-ASSETS>              9,942,030
<PER-SHARE-NAV-BEGIN>             13.230
<PER-SHARE-NII>                   0.280
<PER-SHARE-GAIN-APPREC>           1.370
<PER-SHARE-DIVIDEND>              (0.290)
<PER-SHARE-DISTRIBUTIONS>         (0.900)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               13.690
<EXPENSE-RATIO>                   1.76
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     113
     <NAME>                       Wachovia Balanced Fund - Class Y Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             377,902,566
<INVESTMENTS-AT-VALUE>            423,253,686
<RECEIVABLES>                     10,519,564
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              372,442
<TOTAL-ASSETS>                    434,145,692
<PAYABLE-FOR-SECURITIES>          8,326,753
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,929,548
<TOTAL-LIABILITIES>               10,256,301
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          339,299,631
<SHARES-COMMON-STOCK>             21,167,548
<SHARES-COMMON-PRIOR>             18,854,954
<ACCUMULATED-NII-CURRENT>         1,790,481
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           33,237,855
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          49,561,424
<NET-ASSETS>                      290,832,813
<DIVIDEND-INCOME>                 2,446,517
<INTEREST-INCOME>                 12,760,353
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (3,269,232)
<NET-INVESTMENT-INCOME>           11,937,638
<REALIZED-GAINS-CURRENT>          34,803,316
<APPREC-INCREASE-CURRENT>         5,465,835
<NET-CHANGE-FROM-OPS>             52,206,789
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (9,025,669)
<DISTRIBUTIONS-OF-GAINS>          (16,816,255)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           6,639,501
<NUMBER-OF-SHARES-REDEEMED>       (6,222,414)
<SHARES-REINVESTED>               1,895,507
<NET-CHANGE-IN-ASSETS>            116,921,910
<ACCUMULATED-NII-PRIOR>           1,489,127
<ACCUMULATED-GAINS-PRIOR>         20,300,768
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             2,727,915
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   3,637,683
<AVERAGE-NET-ASSETS>              295,190,966
<PER-SHARE-NAV-BEGIN>             13.260
<PER-SHARE-NII>                   0.420
<PER-SHARE-GAIN-APPREC>           1.370
<PER-SHARE-DIVIDEND>              (0.410)
<PER-SHARE-DISTRIBUTIONS>         (0.900)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               13.740
<EXPENSE-RATIO>                   0.76
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     062
     <NAME>                       WACHOVIA EQUITY FUND - CLASS A
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             216,910,905
<INVESTMENTS-AT-VALUE>            259,085,381
<RECEIVABLES>                     7,183,596
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    266,268,977
<PAYABLE-FOR-SECURITIES>          5,765,086
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,350,877
<TOTAL-LIABILITIES>               7,115,963
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          188,057,608
<SHARES-COMMON-STOCK>             3,338,230
<SHARES-COMMON-PRIOR>             2,566,787
<ACCUMULATED-NII-CURRENT>         184,893
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           23,969,563
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          46,940,950
<NET-ASSETS>                      53,103,435
<DIVIDEND-INCOME>                 2,483,096
<INTEREST-INCOME>                 2,297,272
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (2,218,204)
<NET-INVESTMENT-INCOME>           2,562,164
<REALIZED-GAINS-CURRENT>          25,423,254
<APPREC-INCREASE-CURRENT>         9,686,441
<NET-CHANGE-FROM-OPS>             37,671,859
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (434,085)
<DISTRIBUTIONS-OF-GAINS>          (4,382,604)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           924,716
<NUMBER-OF-SHARES-REDEEMED>       (506,801)
<SHARES-REINVESTED>               353,528
<NET-CHANGE-IN-ASSETS>            59,973,547
<ACCUMULATED-NII-PRIOR>           139,911
<ACCUMULATED-GAINS-PRIOR>         20,866,044
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,649,632
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   2,218,204
<AVERAGE-NET-ASSETS>              47,688,936
<PER-SHARE-NAV-BEGIN>             15.390
<PER-SHARE-NII>                   0.130
<PER-SHARE-GAIN-APPREC>           2.210
<PER-SHARE-DIVIDEND>              (0.140)
<PER-SHARE-DISTRIBUTIONS>         (1.680)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               15.910
<EXPENSE-RATIO>                   1.12
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     063
     <NAME>                       WACHOVIA EQUITY FUND - CLASS B
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             216,910,905
<INVESTMENTS-AT-VALUE>            259,085,381
<RECEIVABLES>                     7,183,596
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    266,268,977
<PAYABLE-FOR-SECURITIES>          5,765,086
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,350,877
<TOTAL-LIABILITIES>               7,115,963
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          188,057,608
<SHARES-COMMON-STOCK>             360,763
<SHARES-COMMON-PRIOR>             3,448,020
<ACCUMULATED-NII-CURRENT>         184,893
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           23,969,563
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          46,940,950
<NET-ASSETS>                      5,725,336
<DIVIDEND-INCOME>                 2,483,096
<INTEREST-INCOME>                 2,297,272
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (2,218,204)
<NET-INVESTMENT-INCOME>           2,562,164
<REALIZED-GAINS-CURRENT>          25,423,254
<APPREC-INCREASE-CURRENT>         9,686,441
<NET-CHANGE-FROM-OPS>             37,671,859
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (9,956)
<DISTRIBUTIONS-OF-GAINS>          (386,343)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           139,205
<NUMBER-OF-SHARES-REDEEMED>       (32,270)
<SHARES-REINVESTED>               29,176
<NET-CHANGE-IN-ASSETS>            59,973,547
<ACCUMULATED-NII-PRIOR>           139,911
<ACCUMULATED-GAINS-PRIOR>         20,866,044
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,649,632
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   2,218,204
<AVERAGE-NET-ASSETS>              4,671,953
<PER-SHARE-NAV-BEGIN>             15.350
<PER-SHARE-NII>                   0.030
<PER-SHARE-GAIN-APPREC>           2.200
<PER-SHARE-DIVIDEND>              (0.030)
<PER-SHARE-DISTRIBUTIONS>         (1.680)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               15.870
<EXPENSE-RATIO>                   1.87
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     082
     <NAME>                       WACHOVIA EQUITY INDEX FUND - CL A
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             230,661,748
<INVESTMENTS-AT-VALUE>            424,143,019
<RECEIVABLES>                     1,391,441
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    425,534,460
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         2,232,704
<TOTAL-LIABILITIES>               2,232,704
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          222,315,474
<SHARES-COMMON-STOCK>             5,871,249
<SHARES-COMMON-PRIOR>             2,695,619
<ACCUMULATED-NII-CURRENT>         802,900
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           (427,923)
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          200,611,305
<NET-ASSETS>                      131,593,538
<DIVIDEND-INCOME>                 4,833,416
<INTEREST-INCOME>                 1,977,303
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (1,807,522)
<NET-INVESTMENT-INCOME>           5,003,197
<REALIZED-GAINS-CURRENT>          421,731
<APPREC-INCREASE-CURRENT>         68,214,882
<NET-CHANGE-FROM-OPS>             73,639,810
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (945,159)
<DISTRIBUTIONS-OF-GAINS>          (1,188,632)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           3,701,907
<NUMBER-OF-SHARES-REDEEMED>       (636,039)
<SHARES-REINVESTED>               109,762
<NET-CHANGE-IN-ASSETS>            124,535,782
<ACCUMULATED-NII-PRIOR>           558,633
<ACCUMULATED-GAINS-PRIOR>         5,803,756
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,068,950
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   1,807,522
<AVERAGE-NET-ASSETS>              84,213,650
<PER-SHARE-NAV-BEGIN>             18.890
<PER-SHARE-NII>                   0.260
<PER-SHARE-GAIN-APPREC>           3.900
<PER-SHARE-DIVIDEND>              (0.240)
<PER-SHARE-DISTRIBUTIONS>         (0.400)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               22.410
<EXPENSE-RATIO>                   0.70
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     081
     <NAME>                       WACHOVIA EQUITY INDEX FUND - CL Y
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             230,661,748
<INVESTMENTS-AT-VALUE>            424,143,019
<RECEIVABLES>                     1,391,441
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    425,534,460
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         2,232,704
<TOTAL-LIABILITIES>               2,232,704
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          222,315,474
<SHARES-COMMON-STOCK>             12,997,823
<SHARES-COMMON-PRIOR>             13,107,447
<ACCUMULATED-NII-CURRENT>         802,900
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           (427,923)
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          200,611,305
<NET-ASSETS>                      291,708,218
<DIVIDEND-INCOME>                 4,833,416
<INTEREST-INCOME>                 1,977,303
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (1,807,522)
<NET-INVESTMENT-INCOME>           5,003,197
<REALIZED-GAINS-CURRENT>          421,731
<APPREC-INCREASE-CURRENT>         68,214,882
<NET-CHANGE-FROM-OPS>             73,639,810
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (3,814,497)
<DISTRIBUTIONS-OF-GAINS>          (5,186,506)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           2,854,402
<NUMBER-OF-SHARES-REDEEMED>       (3,418,715)
<SHARES-REINVESTED>               454,689
<NET-CHANGE-IN-ASSETS>            124,535,782
<ACCUMULATED-NII-PRIOR>           558,633
<ACCUMULATED-GAINS-PRIOR>         5,803,756
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,068,950
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   1,807,522
<AVERAGE-NET-ASSETS>              272,172,484
<PER-SHARE-NAV-BEGIN>             18.910
<PER-SHARE-NII>                   0.300
<PER-SHARE-GAIN-APPREC>           3.920
<PER-SHARE-DIVIDEND>              (0.290)
<PER-SHARE-DISTRIBUTIONS>         (0.400)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               22.440
<EXPENSE-RATIO>                   0.45
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     132
     <NAME>                       WACHOVIA EMERGING MARKETS FUND - CLASS A
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             155,297,434
<INVESTMENTS-AT-VALUE>            137,522,643
<RECEIVABLES>                     1,476,622
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              1,929,017
<TOTAL-ASSETS>                    140,928,282
<PAYABLE-FOR-SECURITIES>          846,256
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         507,068
<TOTAL-LIABILITIES>               1,353,324
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          186,137,710
<SHARES-COMMON-STOCK>             1,028,986
<SHARES-COMMON-PRIOR>             718,728
<ACCUMULATED-NII-CURRENT>         671,342
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           (29,444,668)
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          (17,788,886)
<NET-ASSETS>                      8,677,221
<DIVIDEND-INCOME>                 3,059,459
<INTEREST-INCOME>                 885,036
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (2,217,178)
<NET-INVESTMENT-INCOME>           1,727,317
<REALIZED-GAINS-CURRENT>          (26,904,345)
<APPREC-INCREASE-CURRENT>         (16,292,727)
<NET-CHANGE-FROM-OPS>             (41,469,755)
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (79,885)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           692,384
<NUMBER-OF-SHARES-REDEEMED>       (389,449)
<SHARES-REINVESTED>               7,323
<NET-CHANGE-IN-ASSETS>            (8,121,204)
<ACCUMULATED-NII-PRIOR>           1,616,910
<ACCUMULATED-GAINS-PRIOR>         (3,438,850)
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,525,827
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   2,220,512
<AVERAGE-NET-ASSETS>              8,902,505
<PER-SHARE-NAV-BEGIN>             11.120
<PER-SHARE-NII>                   0.090
<PER-SHARE-GAIN-APPREC>           (2.670)
<PER-SHARE-DIVIDEND>              (0.100)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               8.430
<EXPENSE-RATIO>                   1.68
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     131
     <NAME>                       WACHOVIA EMERGING MARKETS FUND - CLASS Y
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             155,297,434
<INVESTMENTS-AT-VALUE>            137,522,643
<RECEIVABLES>                     1,476,622
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              1,929,017
<TOTAL-ASSETS>                    140,928,282
<PAYABLE-FOR-SECURITIES>          846,256
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         507,068
<TOTAL-LIABILITIES>               1,353,324
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          186,137,710
<SHARES-COMMON-STOCK>             15,506,830
<SHARES-COMMON-PRIOR>             12,552,477
<ACCUMULATED-NII-CURRENT>         671,342
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           (29,444,668)
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          (17,788,886)
<NET-ASSETS>                      130,897,737
<DIVIDEND-INCOME>                 3,059,459
<INTEREST-INCOME>                 885,036
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (2,217,178)
<NET-INVESTMENT-INCOME>           1,727,317
<REALIZED-GAINS-CURRENT>          (26,904,345)
<APPREC-INCREASE-CURRENT>         (16,292,727)
<NET-CHANGE-FROM-OPS>             (41,469,755)
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (1,627,997)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           0
<NUMBER-OF-SHARES-REDEEMED>       0
<SHARES-REINVESTED>               0
<NET-CHANGE-IN-ASSETS>            (8,121,204)
<ACCUMULATED-NII-PRIOR>           1,616,910
<ACCUMULATED-GAINS-PRIOR>         (3,438,850)
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,525,827
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   2,220,512
<AVERAGE-NET-ASSETS>              143,680,232
<PER-SHARE-NAV-BEGIN>             11.130
<PER-SHARE-NII>                   0.130
<PER-SHARE-GAIN-APPREC>           (2.690)
<PER-SHARE-DIVIDEND>              (0.130)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               8.440
<EXPENSE-RATIO>                   1.44
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     061
     <NAME>                       WACHOVIA EQUITY FUND - CLASS Y
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             216,910,905
<INVESTMENTS-AT-VALUE>            259,085,381
<RECEIVABLES>                     7,183,596
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    266,268,977
<PAYABLE-FOR-SECURITIES>          5,765,086
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,350,877
<TOTAL-LIABILITIES>               7,115,963
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          188,057,608
<SHARES-COMMON-STOCK>             12,585,867
<SHARES-COMMON-PRIOR>             10,149,940
<ACCUMULATED-NII-CURRENT>         184,893
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           23,969,563
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          46,940,950
<NET-ASSETS>                      5,725,336
<DIVIDEND-INCOME>                 2,483,096
<INTEREST-INCOME>                 2,297,272
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (2,218,204)
<NET-INVESTMENT-INCOME>           2,562,164
<REALIZED-GAINS-CURRENT>          25,423,254
<APPREC-INCREASE-CURRENT>         9,686,441
<NET-CHANGE-FROM-OPS>             37,671,859
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (2,078,302)
<DISTRIBUTIONS-OF-GAINS>          (17,186,819)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           4,380,401
<NUMBER-OF-SHARES-REDEEMED>       (2,944,530)
<SHARES-REINVESTED>               1,000,056
<NET-CHANGE-IN-ASSETS>            59,973,547
<ACCUMULATED-NII-PRIOR>           139,911
<ACCUMULATED-GAINS-PRIOR>         20,866,044
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,649,632
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   2,218,204
<AVERAGE-NET-ASSETS>              183,265,971
<PER-SHARE-NAV-BEGIN>             15.390
<PER-SHARE-NII>                   0.170
<PER-SHARE-GAIN-APPREC>           2.210
<PER-SHARE-DIVIDEND>              (0.170)
<PER-SHARE-DISTRIBUTIONS>         (1.680)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               15.920
<EXPENSE-RATIO>                   0.90
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     071
     <NAME>                       Wachovia Fixed Income - Class A Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             230,000,861
<INVESTMENTS-AT-VALUE>            235,008,349
<RECEIVABLES>                     7,344,557
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              197,528
<TOTAL-ASSETS>                    242,550,434
<PAYABLE-FOR-SECURITIES>          3,605,274
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         902,141
<TOTAL-LIABILITIES>               4,507,415
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          232,266,624
<SHARES-COMMON-STOCK>             2,429,133
<SHARES-COMMON-PRIOR>             1,019,583
<ACCUMULATED-NII-CURRENT>         (64,451)
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           751,197
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          5,089,649
<NET-ASSETS>                      24,624,425
<DIVIDEND-INCOME>                 749,734
<INTEREST-INCOME>                 12,999,041
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (1,629,567)
<NET-INVESTMENT-INCOME>           12,119,208
<REALIZED-GAINS-CURRENT>          3,568,877
<APPREC-INCREASE-CURRENT>         2,972,507
<NET-CHANGE-FROM-OPS>             18,660,592
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (940,460)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           1,958,828
<NUMBER-OF-SHARES-REDEEMED>       (638,391)
<SHARES-REINVESTED>               89,113
<NET-CHANGE-IN-ASSETS>            42,465,557
<ACCUMULATED-NII-PRIOR>           255,123
<ACCUMULATED-GAINS-PRIOR>         (2,941,199)
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,314,978
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   1,743,375
<AVERAGE-NET-ASSETS>              17,515,283
<PER-SHARE-NAV-BEGIN>             9.850
<PER-SHARE-NII>                   0.530
<PER-SHARE-GAIN-APPREC>           0.300
<PER-SHARE-DIVIDEND>              (0.540)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               10.140
<EXPENSE-RATIO>                   0.97
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     072
     <NAME>                       Wachovia Fixed Income - Class B Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             230,000,861
<INVESTMENTS-AT-VALUE>            235,008,349
<RECEIVABLES>                     7,344,557
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              197,528
<TOTAL-ASSETS>                    242,550,434
<PAYABLE-FOR-SECURITIES>          3,605,274
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         902,141
<TOTAL-LIABILITIES>               4,507,415
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          232,266,624
<SHARES-COMMON-STOCK>             52,589
<SHARES-COMMON-PRIOR>             14,221
<ACCUMULATED-NII-CURRENT>         (64,451)
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           751,197
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          5,089,649
<NET-ASSETS>                      533,004
<DIVIDEND-INCOME>                 749,734
<INTEREST-INCOME>                 12,999,041
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (1,629,567)
<NET-INVESTMENT-INCOME>           12,119,208
<REALIZED-GAINS-CURRENT>          3,568,877
<APPREC-INCREASE-CURRENT>         2,972,507
<NET-CHANGE-FROM-OPS>             18,660,592
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (16,381)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           39,258
<NUMBER-OF-SHARES-REDEEMED>       (2,161)
<SHARES-REINVESTED>               1,271
<NET-CHANGE-IN-ASSETS>            42,465,557
<ACCUMULATED-NII-PRIOR>           255,123
<ACCUMULATED-GAINS-PRIOR>         (2,941,199)
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,314,978
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   1,743,375
<AVERAGE-NET-ASSETS>              354,919
<PER-SHARE-NAV-BEGIN>             9.840
<PER-SHARE-NII>                   0.470
<PER-SHARE-GAIN-APPREC>           0.300
<PER-SHARE-DIVIDEND>              (0.470)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               10.140
<EXPENSE-RATIO>                   1.72
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     015
     <NAME>                       Wachovia Intermediate Fixed Income - Class A Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             89,249,407
<INVESTMENTS-AT-VALUE>            92,005,368
<RECEIVABLES>                     2,307,596
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              54,855
<TOTAL-ASSETS>                    94,367,819
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,778,002
<TOTAL-LIABILITIES>               1,778,002
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          87,979,972
<SHARES-COMMON-STOCK>             458,552
<SHARES-COMMON-PRIOR>             9,635,774
<ACCUMULATED-NII-CURRENT>         61,868
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           1,792,016
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          2,755,961
<NET-ASSETS>                      4,759,173
<DIVIDEND-INCOME>                 23,111
<INTEREST-INCOME>                 5,898,899
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (813,019)
<NET-INVESTMENT-INCOME>           5,108,991
<REALIZED-GAINS-CURRENT>          4,965,732
<APPREC-INCREASE-CURRENT>         (1,521,439)
<NET-CHANGE-FROM-OPS>             8,553,284
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (2,130,033)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           432,820
<NUMBER-OF-SHARES-REDEEMED>       (9,646,623)
<SHARES-REINVESTED>               36,581
<NET-CHANGE-IN-ASSETS>            (4,035,808)
<ACCUMULATED-NII-PRIOR>           246,400
<ACCUMULATED-GAINS-PRIOR>         0
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        (3,174,484)
<GROSS-ADVISORY-FEES>             606,905
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   943,177
<AVERAGE-NET-ASSETS>              34,778,878
<PER-SHARE-NAV-BEGIN>             10.030
<PER-SHARE-NII>                   0.470
<PER-SHARE-GAIN-APPREC>           0.400
<PER-SHARE-DIVIDEND>              (0.520)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               10.380
<EXPENSE-RATIO>                   1.01
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     015
     <NAME>                       Wachovia Intermediate Fixed Income - Class Y Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             89,249,407
<INVESTMENTS-AT-VALUE>            92,005,368
<RECEIVABLES>                     2,307,596
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              54,855
<TOTAL-ASSETS>                    94,367,819
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,778,002
<TOTAL-LIABILITIES>               1,778,002
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          87,979,972
<SHARES-COMMON-STOCK>             8,461,725
<SHARES-COMMON-PRIOR>             0
<ACCUMULATED-NII-CURRENT>         61,868
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           1,792,016
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          2,755,961
<NET-ASSETS>                      87,830,644
<DIVIDEND-INCOME>                 23,111
<INTEREST-INCOME>                 5,898,899
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (813,019)
<NET-INVESTMENT-INCOME>           5,108,991
<REALIZED-GAINS-CURRENT>          4,965,732
<APPREC-INCREASE-CURRENT>         (1,521,439)
<NET-CHANGE-FROM-OPS>             8,553,284
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (3,157,720)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           9,426,060
<NUMBER-OF-SHARES-REDEEMED>       (986,184)
<SHARES-REINVESTED>               21,849
<NET-CHANGE-IN-ASSETS>            (4,035,808)
<ACCUMULATED-NII-PRIOR>           246,400
<ACCUMULATED-GAINS-PRIOR>         0
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        (3,174,484)
<GROSS-ADVISORY-FEES>             606,905
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   943,177
<AVERAGE-NET-ASSETS>              60,033,499
<PER-SHARE-NAV-BEGIN>             10.120
<PER-SHARE-NII>                   0.420
<PER-SHARE-GAIN-APPREC>           0.250
<PER-SHARE-DIVIDEND>              (0.410)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               10.380
<EXPENSE-RATIO>                   0.76
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     073
     <NAME>                       Wachovia Fixed Income - Class Y Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             230,000,861
<INVESTMENTS-AT-VALUE>            235,008,349
<RECEIVABLES>                     7,344,557
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              197,528
<TOTAL-ASSETS>                    242,550,434
<PAYABLE-FOR-SECURITIES>          3,605,274
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         902,141
<TOTAL-LIABILITIES>               4,507,415
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          232,266,624
<SHARES-COMMON-STOCK>             21,003,470
<SHARES-COMMON-PRIOR>             18,829,643
<ACCUMULATED-NII-CURRENT>         (64,451)
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           751,197
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          5,089,649
<NET-ASSETS>                      212,885,590
<DIVIDEND-INCOME>                 749,734
<INTEREST-INCOME>                 12,999,041
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (1,629,567)
<NET-INVESTMENT-INCOME>           12,119,208
<REALIZED-GAINS-CURRENT>          3,568,877
<APPREC-INCREASE-CURRENT>         2,972,507
<NET-CHANGE-FROM-OPS>             18,660,592
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (11,358,420)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           6,174,243
<NUMBER-OF-SHARES-REDEEMED>       (4,662,142)
<SHARES-REINVESTED>               661,726
<NET-CHANGE-IN-ASSETS>            42,465,557
<ACCUMULATED-NII-PRIOR>           255,123
<ACCUMULATED-GAINS-PRIOR>         (2,941,199)
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,314,978
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   1,743,375
<AVERAGE-NET-ASSETS>              201,293,984
<PER-SHARE-NAV-BEGIN>             9.850
<PER-SHARE-NII>                   0.560
<PER-SHARE-GAIN-APPREC>           0.290
<PER-SHARE-DIVIDEND>              (0.560)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               10.140
<EXPENSE-RATIO>                   0.72
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     014
     <NAME>                       Wachovia Growth & Income Fund - Class A Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             178,687,173
<INVESTMENTS-AT-VALUE>            332,257,408
<RECEIVABLES>                     7,041,071
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    339,298,479
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         2,816,750
<TOTAL-LIABILITIES>               2,816,750
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          141,562,382
<SHARES-COMMON-STOCK>             5,536,409
<SHARES-COMMON-PRIOR>             16,441,990
<ACCUMULATED-NII-CURRENT>         498,542
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           39,310,322
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          155,110,483
<NET-ASSETS>                      130,305,850
<DIVIDEND-INCOME>                 3,969,925
<INTEREST-INCOME>                 1,816,995
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (3,459,869)
<NET-INVESTMENT-INCOME>           2,327,051
<REALIZED-GAINS-CURRENT>          39,310,322
<APPREC-INCREASE-CURRENT>         20,725,093
<NET-CHANGE-FROM-OPS>             62,362,466
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (1,096,382)
<DISTRIBUTIONS-OF-GAINS>          (16,598,781)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           500,103
<NUMBER-OF-SHARES-REDEEMED>       (11,890,643)
<SHARES-REINVESTED>               484,959
<NET-CHANGE-IN-ASSETS>            (2,241,900)
<ACCUMULATED-NII-PRIOR>           115,684
<ACCUMULATED-GAINS-PRIOR>         16,598,799
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             2,594,690
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   3,781,955
<AVERAGE-NET-ASSETS>              192,073,421
<PER-SHARE-NAV-BEGIN>             20.600
<PER-SHARE-NII>                   0.110
<PER-SHARE-GAIN-APPREC>           3.940
<PER-SHARE-DIVIDEND>              (0.100)
<PER-SHARE-DISTRIBUTIONS>         (1.010)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               23.540
<EXPENSE-RATIO>                   1.21
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     014
     <NAME>                       Wachovia Growth & Income Fund - Class Y Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             178,687,173
<INVESTMENTS-AT-VALUE>            332,257,408
<RECEIVABLES>                     7,041,071
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    339,298,479
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         2,816,750
<TOTAL-LIABILITIES>               2,816,750
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          141,562,382
<SHARES-COMMON-STOCK>             8,755,463
<SHARES-COMMON-PRIOR>             0
<ACCUMULATED-NII-CURRENT>         498,542
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           39,310,322
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          155,110,483
<NET-ASSETS>                      206,175,879
<DIVIDEND-INCOME>                 3,969,925
<INTEREST-INCOME>                 1,816,995
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (3,459,869)
<NET-INVESTMENT-INCOME>           2,327,051
<REALIZED-GAINS-CURRENT>          39,310,322
<APPREC-INCREASE-CURRENT>         20,725,093
<NET-CHANGE-FROM-OPS>             62,362,466
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (847,829)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           9,769,548
<NUMBER-OF-SHARES-REDEEMED>       (1,021,427)
<SHARES-REINVESTED>               7,342
<NET-CHANGE-IN-ASSETS>            (2,241,900)
<ACCUMULATED-NII-PRIOR>           115,684
<ACCUMULATED-GAINS-PRIOR>         16,598,799
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             2,594,690
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   3,781,955
<AVERAGE-NET-ASSETS>              133,066,746
<PER-SHARE-NAV-BEGIN>             22.310
<PER-SHARE-NII>                   0.090
<PER-SHARE-GAIN-APPREC>           1.240
<PER-SHARE-DIVIDEND>              (0.090)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               23.550
<EXPENSE-RATIO>                   0.86
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     005
     <NAME>                       WACHOVIA PRIME CASH MANAGEMENT FUND
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             1,823,911,284
<INVESTMENTS-AT-VALUE>            1,823,911,284
<RECEIVABLES>                     50,996,596
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    1,874,907,880
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         45,696,645
<TOTAL-LIABILITIES>               45,696,645
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          1,829,211,235
<SHARES-COMMON-STOCK>             1,829,211,235
<SHARES-COMMON-PRIOR>             1,450,194,663
<ACCUMULATED-NII-CURRENT>         0
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           0
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          0
<NET-ASSETS>                      1,829,211,235
<DIVIDEND-INCOME>                 0
<INTEREST-INCOME>                 95,467,445
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (3,076,401)
<NET-INVESTMENT-INCOME>           92,391,044
<REALIZED-GAINS-CURRENT>          0
<APPREC-INCREASE-CURRENT>         0
<NET-CHANGE-FROM-OPS>             0
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (92,391,044)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           4,606,987,634
<NUMBER-OF-SHARES-REDEEMED>       (4,227,971,062)
<SHARES-REINVESTED>               0
<NET-CHANGE-IN-ASSETS>            379,016,572
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         0
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             5,123,535
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   6,384,763
<AVERAGE-NET-ASSETS>              1,709,670,245
<PER-SHARE-NAV-BEGIN>             1.000
<PER-SHARE-NII>                   0.050
<PER-SHARE-GAIN-APPREC>           0.000
<PER-SHARE-DIVIDEND>              (0.050)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               1.000
<EXPENSE-RATIO>                   0.18
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     121
     <NAME>                       Wachovia Quantitative Equity Fund - Class A Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             205,534,587
<INVESTMENTS-AT-VALUE>            310,285,777
<RECEIVABLES>                     1,084,682
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              84,664
<TOTAL-ASSETS>                    311,455,123
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,898,235
<TOTAL-LIABILITIES>               1,898,235
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          193,212,180
<SHARES-COMMON-STOCK>             4,074,795
<SHARES-COMMON-PRIOR>             1,863,738
<ACCUMULATED-NII-CURRENT>         322,725
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           7,402,955
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          108,619,028
<NET-ASSETS>                      82,682,239
<DIVIDEND-INCOME>                 3,741,927
<INTEREST-INCOME>                 1,907,822
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (2,638,810)
<NET-INVESTMENT-INCOME>           3,010,939
<REALIZED-GAINS-CURRENT>          8,106,935
<APPREC-INCREASE-CURRENT>         34,370,766
<NET-CHANGE-FROM-OPS>             45,488,640
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (550,325)
<DISTRIBUTIONS-OF-GAINS>          (3,354,334)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           2,588,389
<NUMBER-OF-SHARES-REDEEMED>       (599,567)
<SHARES-REINVESTED>               222,235
<NET-CHANGE-IN-ASSETS>            84,566,028
<ACCUMULATED-NII-PRIOR>           334,146
<ACCUMULATED-GAINS-PRIOR>         20,174,710
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,910,495
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   2,643,374
<AVERAGE-NET-ASSETS>              58,889,755
<PER-SHARE-NAV-BEGIN>             19.000
<PER-SHARE-NII>                   0.110
<PER-SHARE-GAIN-APPREC>           3.120
<PER-SHARE-DIVIDEND>              (0.190)
<PER-SHARE-DISTRIBUTIONS>         (1.750)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               20.290
<EXPENSE-RATIO>                   1.11
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     122
     <NAME>                       Wachovia Quantitative Equity Fund - Class B Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             205,534,587
<INVESTMENTS-AT-VALUE>            310,285,777
<RECEIVABLES>                     1,084,682
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              84,664
<TOTAL-ASSETS>                    311,455,123
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,898,235
<TOTAL-LIABILITIES>               1,898,235
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          193,212,180
<SHARES-COMMON-STOCK>             965,534
<SHARES-COMMON-PRIOR>             346,358
<ACCUMULATED-NII-CURRENT>         322,725
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           7,402,955
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          108,619,028
<NET-ASSETS>                      19,531,841
<DIVIDEND-INCOME>                 3,741,927
<INTEREST-INCOME>                 1,907,822
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (2,638,810)
<NET-INVESTMENT-INCOME>           3,010,939
<REALIZED-GAINS-CURRENT>          8,106,935
<APPREC-INCREASE-CURRENT>         34,370,766
<NET-CHANGE-FROM-OPS>             45,488,640
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (38,995)
<DISTRIBUTIONS-OF-GAINS>          (633,226)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           633,822
<NUMBER-OF-SHARES-REDEEMED>       (53,666)
<SHARES-REINVESTED>               39,020
<NET-CHANGE-IN-ASSETS>            84,566,028
<ACCUMULATED-NII-PRIOR>           334,146
<ACCUMULATED-GAINS-PRIOR>         20,174,710
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,910,495
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   2,643,374
<AVERAGE-NET-ASSETS>              13,265,639
<PER-SHARE-NAV-BEGIN>             18.950
<PER-SHARE-NII>                   0.050
<PER-SHARE-GAIN-APPREC>           3.040
<PER-SHARE-DIVIDEND>              (0.060)
<PER-SHARE-DISTRIBUTIONS>         (1.750)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               20.230
<EXPENSE-RATIO>                   1.86
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     123
     <NAME>                       Wachovia Quantitative Equity Fund - Class Y Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             205,534,587
<INVESTMENTS-AT-VALUE>            310,285,777
<RECEIVABLES>                     1,084,682
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              84,664
<TOTAL-ASSETS>                    311,455,123
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,898,235
<TOTAL-LIABILITIES>               1,898,235
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          193,212,180
<SHARES-COMMON-STOCK>             10,211,361
<SHARES-COMMON-PRIOR>             9,631,236
<ACCUMULATED-NII-CURRENT>         322,725
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           7,402,955
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          108,619,028
<NET-ASSETS>                      207,342,808
<DIVIDEND-INCOME>                 3,741,927
<INTEREST-INCOME>                 1,907,822
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (2,638,810)
<NET-INVESTMENT-INCOME>           3,010,939
<REALIZED-GAINS-CURRENT>          8,106,935
<APPREC-INCREASE-CURRENT>         34,370,766
<NET-CHANGE-FROM-OPS>             45,488,640
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (2,433,040)
<DISTRIBUTIONS-OF-GAINS>          (16,891,130)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           1,326,703
<NUMBER-OF-SHARES-REDEEMED>       (1,761,030)
<SHARES-REINVESTED>               1,014,452
<NET-CHANGE-IN-ASSETS>            84,566,028
<ACCUMULATED-NII-PRIOR>           334,146
<ACCUMULATED-GAINS-PRIOR>         20,174,710
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,910,495
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   2,643,374
<AVERAGE-NET-ASSETS>              200,771,604
<PER-SHARE-NAV-BEGIN>             19.000
<PER-SHARE-NII>                   0.230
<PER-SHARE-GAIN-APPREC>           3.060
<PER-SHARE-DIVIDEND>              (0.230)
<PER-SHARE-DISTRIBUTIONS>         (1.750)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               20.310
<EXPENSE-RATIO>                   0.87
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     092
     <NAME>                       WACHOVIA SHORT-TERM FIXED INCOME FUND - CLASS A
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             105,959,914
<INVESTMENTS-AT-VALUE>            107,055,924
<RECEIVABLES>                     2,090,837
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    109,146,761
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         277,279
<TOTAL-LIABILITIES>               277,279
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          110,805,118
<SHARES-COMMON-STOCK>             1,052,277
<SHARES-COMMON-PRIOR>             740,426
<ACCUMULATED-NII-CURRENT>         523,701
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           3,556,146
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          1,096,010
<NET-ASSETS>                      10,437,258
<DIVIDEND-INCOME>                 150,253
<INTEREST-INCOME>                 6,193,925
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (681,483)
<NET-INVESTMENT-INCOME>           5,662,695
<REALIZED-GAINS-CURRENT>          536,985
<APPREC-INCREASE-CURRENT>         920,118
<NET-CHANGE-FROM-OPS>             7,119,798
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (502,454)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           728,996
<NUMBER-OF-SHARES-REDEEMED>       (465,982)
<SHARES-REINVESTED>               48,837
<NET-CHANGE-IN-ASSETS>            10,573,062
<ACCUMULATED-NII-PRIOR>           439,852
<ACCUMULATED-GAINS-PRIOR>         (4,087,885)
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             572,413
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   788,338
<AVERAGE-NET-ASSETS>              9,924,191
<PER-SHARE-NAV-BEGIN>             9.770
<PER-SHARE-NII>                   0.520
<PER-SHARE-GAIN-APPREC>           14.000
<PER-SHARE-DIVIDEND>              (0.510)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               9.920
<EXPENSE-RATIO>                   0.88
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     091
     <NAME>                       WACHOVIA SHORT-TERM FIXED INCOME FUND - CLASS Y
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             105,959,914
<INVESTMENTS-AT-VALUE>            107,055,924
<RECEIVABLES>                     2,090,837
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    109,146,761
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         277,279
<TOTAL-LIABILITIES>               277,279
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          110,805,118
<SHARES-COMMON-STOCK>             9,923,268
<SHARES-COMMON-PRIOR>             9,322,019
<ACCUMULATED-NII-CURRENT>         523,701
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           3,556,146
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          1,096,010
<NET-ASSETS>                      98,432,224
<DIVIDEND-INCOME>                 150,253
<INTEREST-INCOME>                 6,193,925
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (681,483)
<NET-INVESTMENT-INCOME>           5,662,695
<REALIZED-GAINS-CURRENT>          536,985
<APPREC-INCREASE-CURRENT>         920,118
<NET-CHANGE-FROM-OPS>             7,119,798
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (5,081,639)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           2,210,120
<NUMBER-OF-SHARES-REDEEMED>       (2,109,395)
<SHARES-REINVESTED>               500,524
<NET-CHANGE-IN-ASSETS>            10,573,062
<ACCUMULATED-NII-PRIOR>           439,852
<ACCUMULATED-GAINS-PRIOR>         (4,087,885)
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             572,413
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   788,338
<AVERAGE-NET-ASSETS>              94,150,877
<PER-SHARE-NAV-BEGIN>             9.770
<PER-SHARE-NII>                   0.540
<PER-SHARE-GAIN-APPREC>           0.140
<PER-SHARE-DIVIDEND>              (0.530)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               9.920
<EXPENSE-RATIO>                   0.63
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     101
     <NAME>                       Wachovia Special Values Fund - Class A Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             144,693,144
<INVESTMENTS-AT-VALUE>            150,243,575
<RECEIVABLES>                     1,339,198
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              62,198
<TOTAL-ASSETS>                    151,644,971
<PAYABLE-FOR-SECURITIES>          211,340
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,475,779
<TOTAL-LIABILITIES>               1,687,119
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          135,922,922
<SHARES-COMMON-STOCK>             3,682,330
<SHARES-COMMON-PRIOR>             2,026,216
<ACCUMULATED-NII-CURRENT>         1,564,491
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           5,445,073
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          7,025,366
<NET-ASSETS>                      59,407,916
<DIVIDEND-INCOME>                 1,635,217
<INTEREST-INCOME>                 1,693,751
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (1,627,556)
<NET-INVESTMENT-INCOME>           1,701,412
<REALIZED-GAINS-CURRENT>          5,464,983
<APPREC-INCREASE-CURRENT>         (15,392,292)
<NET-CHANGE-FROM-OPS>             (8,225,897)
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (273,707)
<DISTRIBUTIONS-OF-GAINS>          (3,883,188)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           2,610,113
<NUMBER-OF-SHARES-REDEEMED>       (1,202,936)
<SHARES-REINVESTED>               248,937
<NET-CHANGE-IN-ASSETS>            27,691,539
<ACCUMULATED-NII-PRIOR>           737,862
<ACCUMULATED-GAINS-PRIOR>         11,603,810
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,184,902
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   1,627,556
<AVERAGE-NET-ASSETS>              59,051,657
<PER-SHARE-NAV-BEGIN>             18.640
<PER-SHARE-NII>                   0.190
<PER-SHARE-GAIN-APPREC>           (0.870)
<PER-SHARE-DIVIDEND>              (0.120)
<PER-SHARE-DISTRIBUTIONS>         (1.710)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               16.130
<EXPENSE-RATIO>                   1.25
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     102
     <NAME>                       Wachovia Special Values Fund - Class Y Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             144,693,144
<INVESTMENTS-AT-VALUE>            150,243,575
<RECEIVABLES>                     1,339,198
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              62,198
<TOTAL-ASSETS>                    151,644,971
<PAYABLE-FOR-SECURITIES>          211,340
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         1,475,779
<TOTAL-LIABILITIES>               1,687,119
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          135,922,922
<SHARES-COMMON-STOCK>             5,597,418
<SHARES-COMMON-PRIOR>             4,526,418
<ACCUMULATED-NII-CURRENT>         1,564,491
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           5,445,073
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          7,025,366
<NET-ASSETS>                      90,549,936
<DIVIDEND-INCOME>                 1,635,217
<INTEREST-INCOME>                 1,693,751
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (1,627,556)
<NET-INVESTMENT-INCOME>           1,701,412
<REALIZED-GAINS-CURRENT>          5,464,983
<APPREC-INCREASE-CURRENT>         (15,392,292)
<NET-CHANGE-FROM-OPS>             (8,225,897)
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (656,635)
<DISTRIBUTIONS-OF-GAINS>          (7,685,327)
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           1,475,771
<NUMBER-OF-SHARES-REDEEMED>       (827,147)
<SHARES-REINVESTED>               422,376
<NET-CHANGE-IN-ASSETS>            27,691,539
<ACCUMULATED-NII-PRIOR>           737,862
<ACCUMULATED-GAINS-PRIOR>         11,603,810
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,184,902
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   1,627,556
<AVERAGE-NET-ASSETS>              89,061,040
<PER-SHARE-NAV-BEGIN>             18.670
<PER-SHARE-NII>                   0.210
<PER-SHARE-GAIN-APPREC>           (0.840)
<PER-SHARE-DIVIDEND>              (0.150)
<PER-SHARE-DISTRIBUTIONS>         (1.710)
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               16.180
<EXPENSE-RATIO>                   1.00
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     022
     <NAME>                       WACHOVIA MONEY MARKET FUND - INVESTMENT  SHARES
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             661,448,311
<INVESTMENTS-AT-VALUE>            661,448,311
<RECEIVABLES>                     4,771,211
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    66,219,522
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         2,809,737
<TOTAL-LIABILITIES>               2,809,727
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          663,409,795
<SHARES-COMMON-STOCK>             482,127,901
<SHARES-COMMON-PRIOR>             320,479,621
<ACCUMULATED-NII-CURRENT>         0
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           0
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          0
<NET-ASSETS>                      482,127,901
<DIVIDEND-INCOME>                 0
<INTEREST-INCOME>                 31,866,868
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (3,746,445)
<NET-INVESTMENT-INCOME>           28,120,423
<REALIZED-GAINS-CURRENT>          0
<APPREC-INCREASE-CURRENT>         0
<NET-CHANGE-FROM-OPS>             0
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (18,855,410)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           589,217,508
<NUMBER-OF-SHARES-REDEEMED>       (428,137,669)
<SHARES-REINVESTED>               568,441
<NET-CHANGE-IN-ASSETS>            185,491,798
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         0
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             2,852,311
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   5,229,692
<AVERAGE-NET-ASSETS>              392,487,336
<PER-SHARE-NAV-BEGIN>             1.000
<PER-SHARE-NII>                   0.050
<PER-SHARE-GAIN-APPREC>           0.000
<PER-SHARE-DIVIDEND>              (0.050)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               1.000
<EXPENSE-RATIO>                   0.78
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     021
     <NAME>                       WACHOVIA MONEY MARKET FUND - INSTITUTIONAL SHARES
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             661,448,311
<INVESTMENTS-AT-VALUE>            661,448,311
<RECEIVABLES>                     4,771,211
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    66,219,522
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         2,809,737
<TOTAL-LIABILITIES>               2,809,727
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          663,409,795
<SHARES-COMMON-STOCK>             181,281,894
<SHARES-COMMON-PRIOR>             157,438,376
<ACCUMULATED-NII-CURRENT>         0
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           0
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          0
<NET-ASSETS>                      181,281,894
<DIVIDEND-INCOME>                 0
<INTEREST-INCOME>                 31,866,868
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (3,746,445)
<NET-INVESTMENT-INCOME>           28,120,423
<REALIZED-GAINS-CURRENT>          0
<APPREC-INCREASE-CURRENT>         0
<NET-CHANGE-FROM-OPS>             0
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (9,265,013)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           369,619,728
<NUMBER-OF-SHARES-REDEEMED>       (345,776,210)
<SHARES-REINVESTED>               0
<NET-CHANGE-IN-ASSETS>            185,491,798
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         0
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             2,852,311
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   5,229,692
<AVERAGE-NET-ASSETS>              117,924,010
<PER-SHARE-NAV-BEGIN>             1.000
<PER-SHARE-NII>                   0.050
<PER-SHARE-GAIN-APPREC>           0.000
<PER-SHARE-DIVIDEND>              (0.050)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               1.000
<EXPENSE-RATIO>                   0.38
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     042
     <NAME>                       Wachovia Tax-Free Money Market Fund - Investment Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             407,595,302
<INVESTMENTS-AT-VALUE>            407,595,302
<RECEIVABLES>                     6,061,900
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              2,459,581
<TOTAL-ASSETS>                    416,116,783
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         7,583,174
<TOTAL-LIABILITIES>               7,583,174
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          408,533,609
<SHARES-COMMON-STOCK>             133,211,164
<SHARES-COMMON-PRIOR>             85,851,673
<ACCUMULATED-NII-CURRENT>         0
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           0
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          0
<NET-ASSETS>                      133,211,164
<DIVIDEND-INCOME>                 0
<INTEREST-INCOME>                 13,049,037
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (1,368,829)
<NET-INVESTMENT-INCOME>           11,680,208
<REALIZED-GAINS-CURRENT>          0
<APPREC-INCREASE-CURRENT>         0
<NET-CHANGE-FROM-OPS>             11,680,208
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (3,312,977)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           375,326,237
<NUMBER-OF-SHARES-REDEEMED>       (327,966,747)
<SHARES-REINVESTED>               0
<NET-CHANGE-IN-ASSETS>            140,209,000
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         0
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,878,120
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   2,931,809
<AVERAGE-NET-ASSETS>              116,785,449
<PER-SHARE-NAV-BEGIN>             1.000
<PER-SHARE-NII>                   0.030
<PER-SHARE-GAIN-APPREC>           0.000
<PER-SHARE-DIVIDEND>              (0.030)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               1.000
<EXPENSE-RATIO>                   0.64
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            The Wachovia Funds
<SERIES>
     <NUMBER>                     041
     <NAME>                       Wachovia Tax-Free Money Market Fund - Institutional Shares
       
<S>                               <C>
<PERIOD-TYPE>                     12-mos
<FISCAL-YEAR-END>                 Nov-30-1998
<PERIOD-END>                      Nov-30-1998
<INVESTMENTS-AT-COST>             407,595,302
<INVESTMENTS-AT-VALUE>            407,595,302
<RECEIVABLES>                     6,061,900
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              2,459,581
<TOTAL-ASSETS>                    416,116,783
<PAYABLE-FOR-SECURITIES>          0
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         7,583,174
<TOTAL-LIABILITIES>               7,583,174
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          408,533,609
<SHARES-COMMON-STOCK>             275,322,445
<SHARES-COMMON-PRIOR>             182,472,936
<ACCUMULATED-NII-CURRENT>         0
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           0
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          0
<NET-ASSETS>                      275,322,445
<DIVIDEND-INCOME>                 0
<INTEREST-INCOME>                 13,049,037
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (1,368,829)
<NET-INVESTMENT-INCOME>           11,680,208
<REALIZED-GAINS-CURRENT>          0
<APPREC-INCREASE-CURRENT>         0
<NET-CHANGE-FROM-OPS>             11,680,208
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (8,367,231)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           367,947,784
<NUMBER-OF-SHARES-REDEEMED>       (275,098,274)
<SHARES-REINVESTED>               0
<NET-CHANGE-IN-ASSETS>            140,209,000
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         0
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             1,878,120
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   2,931,809
<AVERAGE-NET-ASSETS>              258,367,510
<PER-SHARE-NAV-BEGIN>             1.000
<PER-SHARE-NII>                   0.030
<PER-SHARE-GAIN-APPREC>           0.000
<PER-SHARE-DIVIDEND>              (0.030)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               1.000
<EXPENSE-RATIO>                   0.24
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     012
     <NAME>                       WACHOVIA U.S. TREASURY MONEY MARKET FUND - INVESTMENT SHARES
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             685,171,070
<INVESTMENTS-AT-VALUE>            685,171,070
<RECEIVABLES>                     2,750,289
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    687,921,359
<PAYABLE-FOR-SECURITIES>          19,962,900
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         2,649,073
<TOTAL-LIABILITIES>               22,611,973
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          665,309,386
<SHARES-COMMON-STOCK>             198,771,470
<SHARES-COMMON-PRIOR>             117,494,701
<ACCUMULATED-NII-CURRENT>         0
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           0
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          0
<NET-ASSETS>                      198,771,470
<DIVIDEND-INCOME>                 0
<INTEREST-INCOME>                 36,423,632
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (2,229,020)
<NET-INVESTMENT-INCOME>           34,194,612
<REALIZED-GAINS-CURRENT>          0
<APPREC-INCREASE-CURRENT>         0
<NET-CHANGE-FROM-OPS>             0
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (7,112,027)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           333,727,978
<NUMBER-OF-SHARES-REDEEMED>       (252,479,039)
<SHARES-REINVESTED>               27,829
<NET-CHANGE-IN-ASSETS>            37,491,857
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         0
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             3,390,866
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   4,898,831
<AVERAGE-NET-ASSETS>              150,136,936
<PER-SHARE-NAV-BEGIN>             1.000
<PER-SHARE-NII>                   0.050
<PER-SHARE-GAIN-APPREC>           0.000
<PER-SHARE-DIVIDEND>              (0.050)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               1.000
<EXPENSE-RATIO>                   0.63
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE>                         6
<CIK>                             0000881299
<NAME>                            THE WACHOVIA FUNDS
<SERIES>
     <NUMBER>                     011
     <NAME>                       WACHOVIA U.S. TREASURY MONEY MARKET FUND - INSTITUTIONAL SHARES
       
<S>                               <C>
<PERIOD-TYPE>                     12-MOS
<FISCAL-YEAR-END>                 NOV-30-1998
<PERIOD-END>                      NOV-30-1998
<INVESTMENTS-AT-COST>             685,171,070
<INVESTMENTS-AT-VALUE>            685,171,070
<RECEIVABLES>                     2,750,289
<ASSETS-OTHER>                    0
<OTHER-ITEMS-ASSETS>              0
<TOTAL-ASSETS>                    687,921,359
<PAYABLE-FOR-SECURITIES>          19,962,900
<SENIOR-LONG-TERM-DEBT>           0
<OTHER-ITEMS-LIABILITIES>         2,649,073
<TOTAL-LIABILITIES>               22,611,973
<SENIOR-EQUITY>                   0
<PAID-IN-CAPITAL-COMMON>          665,309,386
<SHARES-COMMON-STOCK>             466,537,916
<SHARES-COMMON-PRIOR>             510,322,828
<ACCUMULATED-NII-CURRENT>         0
<OVERDISTRIBUTION-NII>            0
<ACCUMULATED-NET-GAINS>           0
<OVERDISTRIBUTION-GAINS>          0
<ACCUM-APPREC-OR-DEPREC>          0
<NET-ASSETS>                      466,537,916
<DIVIDEND-INCOME>                 0
<INTEREST-INCOME>                 36,423,632
<OTHER-INCOME>                    0
<EXPENSES-NET>                    (2,229,020)
<NET-INVESTMENT-INCOME>           34,194,612
<REALIZED-GAINS-CURRENT>          0
<APPREC-INCREASE-CURRENT>         0
<NET-CHANGE-FROM-OPS>             0
<EQUALIZATION>                    0
<DISTRIBUTIONS-OF-INCOME>         (27,082,585)
<DISTRIBUTIONS-OF-GAINS>          0
<DISTRIBUTIONS-OTHER>             0
<NUMBER-OF-SHARES-SOLD>           1,162,773,272
<NUMBER-OF-SHARES-REDEEMED>       (1,206,558,183)
<SHARES-REINVESTED>               0
<NET-CHANGE-IN-ASSETS>            37,491,857
<ACCUMULATED-NII-PRIOR>           0
<ACCUMULATED-GAINS-PRIOR>         0
<OVERDISTRIB-NII-PRIOR>           0
<OVERDIST-NET-GAINS-PRIOR>        0
<GROSS-ADVISORY-FEES>             3,390,866
<INTEREST-EXPENSE>                0
<GROSS-EXPENSE>                   4,898,831
<AVERAGE-NET-ASSETS>              525,925,959
<PER-SHARE-NAV-BEGIN>             1.000
<PER-SHARE-NII>                   0.050
<PER-SHARE-GAIN-APPREC>           0.000
<PER-SHARE-DIVIDEND>              (0.050)
<PER-SHARE-DISTRIBUTIONS>         0.000
<RETURNS-OF-CAPITAL>              0.000
<PER-SHARE-NAV-END>               1.000
<EXPENSE-RATIO>                   0.24
<AVG-DEBT-OUTSTANDING>            0
<AVG-DEBT-PER-SHARE>              0.000
        


</TABLE>

Report of Independent Auditors


To the Shareholders and
Board of Trustees of
The Wachovia Funds 

In planning and performing our audit of the financial statements of The 
Wachovia Funds for the year ended November 30, 1998, we considered its 
internal control, including control activities for safeguarding 
securities, in order to determine our auditing procedures for the 
purpose of expressing our opinion on the financial statements and to 
comply with the requirements of Form N-SAR, and not to provide assurance 
on the internal control.

The management of The Wachovia Funds is responsible for establishing and 
maintaining internal control.  In fulfilling this responsibility, 
estimates and judgments by management are required to assess the 
expected benefits and related costs of controls.  Generally, controls 
that are relevant to an audit pertain to the entity's objective of 
preparing financial statements for external purposes that are fairly 
presented in conformity with generally accepted accounting principles.  
Those controls include the safeguarding of assets against unauthorized 
acquisition, use or disposition.

Because of inherent limitations in internal control, errors or fraud may 
occur and not be detected.  Also, projection of any evaluation of 
internal control to future periods is subject to the risk that it may 
become inadequate because of changes in conditions or that the 
effectiveness of the design and operation may deteriorate.

Our consideration of internal control would not necessarily disclose all 
matters in internal control that might be material weaknesses under 
standards established by the American Institute of Certified Public 
Accountants.  A material weakness is a condition in which the design or 
operation of one or more of the specific internal control components 
does not reduce to a relatively low level the risk that errors or fraud 
in amounts that would be material in relation to the financial 
statements being audited may occur and not be detected within a timely 
period by employees in the normal course of performing their assigned 
functions.  However, we noted no matters involving internal control and 
its operation, including controls for safeguarding securities, that we 
consider to be material weaknesses as defined above at November 30, 
1998.

This report is intended solely for the information and use of the board 
of trustees and management of The Wachovia Funds and the Securities and 
Exchange Commission and is not intended to be and should not be used by 
anyone other than these specified parties.

Pittsburgh, Pennsylvania
January 22, 1999



EXHIBIT 77Q
THE WACHOVIA FUNDS

Amendment No. 12
to the 
AMENDED AND RESTATED DECLARATION OF TRUST
dated February 24, 1992


	Effective December 4, 1997:

	Strike the first paragraph of Section 5 of Article III from the 
Declaration of Trust and substitute in its place the following:

	"Section 5.  Establishment and Designation of Series or Class.  
Without limiting the authority of the Trustees set forth in Article 
XII, Section 8, inter alia, to establish and designate any 
additional Series or Class, or to modify the rights and preferences 
of any existing Series or Class the Series and Classes of the Trust 
are established and designated as:

Wachovia Balanced Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Emerging Markets Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Equity Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Equity Index Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Fixed Income Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Growth & Income Fund
Class A Shares
Class B Shares
Class Y Shares
Wachovia Money Market Fund 
	Institutional Shares
	Investment Shares

Wachovia Prime Cash Management Fund
	Institutional Shares
Wachovia Quantitative Equity Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Short-Term Fixed Income Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Special Values Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Tax-Free Money Market Fund
	Institutional Shares
	Investment Shares
Wachovia U.S. Treasury Money Market Fund 
	Institutional Shares
	Investment Shares"

	The undersigned certify that the above-stated amendment is a true 
and correct Amendment to the Declaration of Trust, as adopted by the 
Board of Trustees on the 4th day of December, 1997.

	WITNESS the due execution hereof this 4th day of December, 1997.


/s/James A. Hanley		/s/Samuel E. Hudgins	
James A. Hanley	Samuel E. Hudgins

/s/J. Berkley Ingram, Jr.		/s/D. Dean Kaylor	
J. Berkley Ingram, Jr.	D. Dean Kaylor

/s/Charles S. Way, Jr.	
Charles S. Way, Jr.

EXHIBIT 77Q
THE WACHOVIA FUNDS

Amendment No. 13
to the 
AMENDED AND RESTATED DECLARATION OF TRUST
dated February 24, 1992


	Effective March 7, 1998:

	Strike the first paragraph of Section 5 of Article III from the 
Declaration of Trust and substitute in its place the following:

	"Section 5.  Establishment and Designation of Series or Class.  
Without limiting the authority of the Trustees set forth in Article 
XII, Section 8, inter alia, to establish and designate any 
additional Series or Class, or to modify the rights and preferences 
of any existing Series or Class the Series and Classes of the Trust 
are established and designated as:

Wachovia Balanced Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Emerging Markets Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Equity Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Equity Index Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Fixed Income Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Growth & Income Fund
Class A Shares
Class B Shares
Class Y Shares
Wachovia Intermediate Fixed Income Fund
Class A Shares
Class B Shares
Class Y Shares

Wachovia Money Market Fund 
	Institutional Shares
	Investment Shares
Wachovia Prime Cash Management Fund
	Institutional Shares
Wachovia Quantitative Equity Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Short-Term Fixed Income Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Special Values Fund
	Class A Shares
	Class B Shares
	Class Y Shares
Wachovia Tax-Free Money Market Fund
	Institutional Shares
	Investment Shares
Wachovia U.S. Treasury Money Market Fund 
	Institutional Shares
	Investment Shares"

	The undersigned certify that the above-stated amendment is a true 
and correct Amendment to the Declaration of Trust, as adopted by the 
Board of Trustees on the 4th day of March, 1998.

	WITNESS the due execution hereof this 4th day of March, 1998.


/s/ James A. Hanley		/s/ Samuel E. Hudgins	
James A. Hanley	Samuel E. Hudgins

/s/ J. Berkley Ingram, Jr.		/s/ D. Dean Kaylor	
J. Berkley Ingram, Jr.	D. Dean Kaylor

/s/ Charles S. Way, Jr.	
Charles S. Way, Jr.






© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission