<PAGE> PAGE 1
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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 18
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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015 A000404 MORGAN GUARANTY BANK & TRUST CO.
015 B000404 S
015 C010404 NEW YORK
015 C020404 NY
015 C030404 10015
015 E010404 X
015 A000405 THE CHASE MANHATTAN CORPORATION
015 B000405 S
015 C010405 NEW YORK
015 C020405 NY
015 C030405 10006
015 E010405 X
015 A000406 BANK OF NEW YORK
015 B000406 S
015 C010406 NEW YORK
015 C020406 NY
015 C030406 10006
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015 A000407 BANKERS TRUST CO.
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015 C020407 NY
015 C030407 10015
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<PAGE> PAGE 21
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<PAGE> PAGE 22
055 A000400 Y
055 B000400 N
056 000400 Y
057 000400 N
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066 A000400 N
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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SIGNATURE S. ELLIOTT COHAN
TITLE ASST. GEN. COUNSEL
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SouthTrust Vulcan Bond Fund
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<TABLE> <S> <C>
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<SERIES>
<NUMBER> 03
<NAME> The SouthTrust Vulcan Funds
Vulcan Stock Fund
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<SERIES>
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<NAME> SouthTrust Vulcan Funds
Vulcan Income Fund
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