PREMIER CALIFORNIA INSURED MUNICIPAL BOND FUND
NSAR-B, 1994-09-29
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<PAGE>      PAGE  1
000 B000000 07/31/94
000 C000000 0000902976
000 D000000 N
000 E000000 NF
000 F000000 Y
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000 I000000 3.0
000 J000000 U
001 A000000 PREMIER INSURED MUNICIPAL BOND FUND
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002 A000000 144 GLENN CURTISS BOULEVARD
002 B000000 UNIONDALE
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<PAGE>      PAGE  2
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<PAGE>      PAGE  3
022 A000008 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  20
033  000600      0
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042 D000600   0
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062 Q000600   0.0
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063 A000600   0
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064 A000600 Y
064 B000600 N
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<PAGE>      PAGE  21
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072EE000600        0
073 A010600   0.1777
073 A020600   0.1626
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074 V010600    12.79
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<PAGE>      PAGE  22
074 X000600       81
074 Y000600        0
075 A000600        0
075 B000600     1107
076  000600     0.00
SIGNATURE   MARIE E. CONNOLLY                            
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
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   <NUMBER> 1
   <NAME> NATIONAL SERIES - CLASS A
<MULTIPLIER> 1000
       
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 2
   <NAME> CALIFORNIA SERIES - CLASS A
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
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   <NUMBER> 3
   <NAME> CONNECTICUT SERIES - CLASS A
<MULTIPLIER> 1000
       
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 4
   <NAME> FLORIDA SERIES - CLASS A
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 5
   <NAME> NEW JERSEY SERIES - CLASS A
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 6
   <NAME> NEW YORK SERIES - CLASS A
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<S>                             <C>
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</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 7
   <NAME> NATIONAL SERIES - CLASS B
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<S>                             <C>
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<PER-SHARE-NII>                                    .16
<PER-SHARE-GAIN-APPREC>                            .45
<PER-SHARE-DIVIDEND>                               .16
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.95
<EXPENSE-RATIO>                                  .0050
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 8
   <NAME> CALIFORNIA SERIES - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUL-31-1994
<PERIOD-END>                               JUL-31-1994
<INVESTMENTS-AT-COST>                             4920
<INVESTMENTS-AT-VALUE>                            4636
<RECEIVABLES>                                       73
<ASSETS-OTHER>                                     245
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    4954
<PAYABLE-FOR-SECURITIES>                           697
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          127
<TOTAL-LIABILITIES>                                824
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          4414
<SHARES-COMMON-STOCK>                              230
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         (284)
<NET-ASSETS>                                      2658
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  134
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       8
<NET-INVESTMENT-INCOME>                            127
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                        (285)
<NET-CHANGE-FROM-OPS>                            (158)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           72
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            362
<NUMBER-OF-SHARES-REDEEMED>                        141
<SHARES-REINVESTED>                                  4
<NET-CHANGE-IN-ASSETS>                            4030
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               14
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    112
<AVERAGE-NET-ASSETS>                              1593
<PER-SHARE-NAV-BEGIN>                            12.50
<PER-SHARE-NII>                                    .56
<PER-SHARE-GAIN-APPREC>                          (.93)
<PER-SHARE-DIVIDEND>                               .56
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              11.57
<EXPENSE-RATIO>                                   .005
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPA BOND FUND
<SERIES>
   <NUMBER> 9
   <NAME> CONNECTICUT SERIES - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUL-31-1994
<PERIOD-END>                               JUL-31-1994
<INVESTMENTS-AT-COST>                            14441
<INVESTMENTS-AT-VALUE>                           14579
<RECEIVABLES>                                      926
<ASSETS-OTHER>                                    1565
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   17070
<PAYABLE-FOR-SECURITIES>                          1693
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           23
<TOTAL-LIABILITIES>                               1716
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         15215
<SHARES-COMMON-STOCK>                              542
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                      6916
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       0
<NET-INVESTMENT-INCOME>                              0
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                                0
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           29
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            571
<NUMBER-OF-SHARES-REDEEMED>                         30
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                               0
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                      0
<AVERAGE-NET-ASSETS>                              2531
<PER-SHARE-NAV-BEGIN>                            12.50
<PER-SHARE-NII>                                    .17
<PER-SHARE-GAIN-APPREC>                            .26
<PER-SHARE-DIVIDEND>                               .17
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.76
<EXPENSE-RATIO>                                   .005
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 10
   <NAME> FLORIDA SERIES - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUL-31-1994
<PERIOD-END>                               JUL-31-1994
<INVESTMENTS-AT-COST>                            22801
<INVESTMENTS-AT-VALUE>                           22905
<RECEIVABLES>                                     1885
<ASSETS-OTHER>                                     853
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   25643
<PAYABLE-FOR-SECURITIES>                          2913
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            5
<TOTAL-LIABILITIES>                               2918
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         22621
<SHARES-COMMON-STOCK>                              964
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                           104
<NET-ASSETS>                                     12320
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  113
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       6
<NET-INVESTMENT-INCOME>                            107
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                          105
<NET-CHANGE-FROM-OPS>                              212
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           52
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          12541
<NUMBER-OF-SHARES-REDEEMED>                      (300)
<SHARES-REINVESTED>                                 15
<NET-CHANGE-IN-ASSETS>                           22725
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                               12
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     51
<AVERAGE-NET-ASSETS>                              4665
<PER-SHARE-NAV-BEGIN>                            12.50
<PER-SHARE-NII>                                    .17
<PER-SHARE-GAIN-APPREC>                            .28
<PER-SHARE-DIVIDEND>                             (.17)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.78
<EXPENSE-RATIO>                                   .005
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 11
   <NAME> NEW JERSEY SERIES - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUL-31-1994
<PERIOD-END>                               JUL-31-1994
<INVESTMENTS-AT-COST>                             3926
<INVESTMENTS-AT-VALUE>                            3944
<RECEIVABLES>                                      282
<ASSETS-OTHER>                                     933
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    5159
<PAYABLE-FOR-SECURITIES>                           438
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           30
<TOTAL-LIABILITIES>                                468
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          4672
<SHARES-COMMON-STOCK>                              189
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                            19
<NET-ASSETS>                                      2373
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                   28
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       1
<NET-INVESTMENT-INCOME>                             27
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                           19
<NET-CHANGE-FROM-OPS>                               46
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           13
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            200
<NUMBER-OF-SHARES-REDEEMED>                         12
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                            4691
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                3
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     21
<AVERAGE-NET-ASSETS>                              1180
<PER-SHARE-NAV-BEGIN>                            12.50
<PER-SHARE-NII>                                    .16
<PER-SHARE-GAIN-APPREC>                            .08
<PER-SHARE-DIVIDEND>                             (.16)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.58
<EXPENSE-RATIO>                                   .005
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000902976
<NAME> PREMIER INSURED MUNICIPAL BOND FUND
<SERIES>
   <NUMBER> 12
   <NAME> NEW YORK SERIES - CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          JUL-31-1994
<PERIOD-END>                               JUL-31-1994
<INVESTMENTS-AT-COST>                             3840
<INVESTMENTS-AT-VALUE>                            3862
<RECEIVABLES>                                      253
<ASSETS-OTHER>                                     169
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                    4284
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           31
<TOTAL-LIABILITIES>                               4253
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                          4232
<SHARES-COMMON-STOCK>                              172
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                            21
<NET-ASSETS>                                      2199
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                   29
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       1
<NET-INVESTMENT-INCOME>                             27
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                           22
<NET-CHANGE-FROM-OPS>                               49
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           13
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            176
<NUMBER-OF-SHARES-REDEEMED>                          5
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                            4253
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                3
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     22
<AVERAGE-NET-ASSETS>                              1159
<PER-SHARE-NAV-BEGIN>                            12.50
<PER-SHARE-NII>                                    .16
<PER-SHARE-GAIN-APPREC>                            .30
<PER-SHARE-DIVIDEND>                             (.16)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.80
<EXPENSE-RATIO>                                   .005
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>


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