<PAGE>
000 A000000 02/28/95
000 C000000 0000927516
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 FLORIDA DAILY MUNICIPAL INCOME FUND
001 B000000 811-8654
001 C000000 2128305200
002 A000000 600 FIFTH AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10020
002 D020000 2302
003 000000 Y
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
<PAGE>
077 A000000 Y
077 B000000 N
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
077 Q010000 Y
077 Q020000 N
077 Q030000 Y
078 000000 N
SIGNATURE BERNADETTE N. FINN
TITLE SECRETARY
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND> The schedule contains summary financial information
extracted from the financial statements and supporting
schedules as of the end of the most current period and is
qualified in its entirety by reference to such financial
statements.
</LEGEND>
<CIK> 0000927516
<NAME> Florida Daily Municipal Income Fund
<S> <C>
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-START> SEP-19-1994
<PERIOD-END> FEB-28-1995
<PERIOD-TYPE> YEAR
<INVESTMENTS-AT-COST> 57651898
<INVESTMENTS-AT-VALUE> 57651898
<RECEIVABLES> 311648
<ASSETS-OTHER> 875114
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 58838660
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 126466
<TOTAL-LIABILITIES> 126466
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 58712166
<SHARES-COMMON-STOCK> 58712166
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 28
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 58712194
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 833860
<OTHER-INCOME> 0
<EXPENSES-NET> 49835
<NET-INVESTMENT-INCOME> 784025
<REALIZED-GAINS-CURRENT> 28
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 784053
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 784025
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 280954038
<NUMBER-OF-SHARES-REDEEMED> 222991766
<SHARES-REINVESTED> 649894
<NET-CHANGE-IN-ASSETS> 58612194
<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> 120856
<AVERAGE-NET-ASSETS> 47192351
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0.03
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 0.34
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
