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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number      811- 08365

Evergreen Select Fixed Income Trust
_____________________________________________________________
(Exact name of registrant as specified in charter)
 
200 Berkeley Street
Boston, Massachusetts 02116
_____________________________________________________________
(Address of principal executive offices)           (Zip code)
 
Michael H. Koonce, Esq.
200 Berkeley Street

Boston, Massachusetts 02116
____________________________________________________________
(Name and address of agent for service)
 

Registrant's telephone number, including area code:     (617) 210-3200

Date of fiscal year end: Registrant is making a quarterly filing for three of its series, Evergreen Core Bond Fund, Evergreen Select High Yield Bond Fund and Evergreen International Bond Fund, for the quarter ended January 31, 2008. Evergreen Core Bond Fund and Evergreen Select High Yield Bond Fund have an April 30 fiscal year end. Evergreen International Bond Fund has an October 31 fiscal year end.

Date of reporting period:     January 31, 2008

Item 1 – Schedule of Investments

EVERGREEN CORE BOND FUND
SCHEDULE OF INVESTMENTS

January 31, 2008 (unaudited)

	Principal Amount		Value
AGENCY COMMERCIAL MORTGAGE-BACKED SECURITIES 9.3%
FIXED-RATE 7.3%
FHLMC:
6.90%, 12/01/2010 ##	$	39,185,000	$	43,119,174
7.21%, 06/15/2017		9,832,484		10,312,998
FNMA:
4.32%, 12/01/2009		4,770,000		4,803,863
4.88%, 01/01/2013		4,987,328		5,148,703
5.10%, 12/01/2011		13,867,299		14,399,957
5.37%, 04/01/2017		2,460,000		2,486,027
5.38%, 09/01/2012		14,002,434		14,625,000
5.40%, 05/01/2017		3,472,985		3,556,163
5.81%, 01/01/2009		9,192,893		9,316,982
5.82%, 11/01/2011		5,381,158		5,671,145
5.85%, 02/01/2009		3,681,479		3,724,998
5.96%, 12/01/2008		3,382,633		3,410,073
6.06%, 09/01/2016		1,450,248		1,547,182
6.12%, 04/01/2009		6,980,768		7,116,944
6.125%, 05/01/2009		3,972,504		4,049,935
6.20%, 09/01/2008		867,530		869,440
6.23%, 04/01/2011		1,923,845		2,032,856
6.26%, 06/01/2009		5,189,500		5,340,814
6.28%, 08/01/2011 – 12/01/2011 ##		30,904,839		32,964,529
6.31%, 03/01/2008		1,807,247		1,803,122
6.32%, 08/01/2012		5,565,944		6,031,591
6.37%, 08/01/2011		4,064,687		4,336,479
6.40%, 06/01/2009		7,661,321		7,844,599
6.42%, 08/01/2013		5,550,831		5,619,416
6.53%, 02/01/2016		5,497,490		6,081,934
6.73%, 08/01/2009		81,245		83,815
6.79%, 07/01/2009		53,718		55,322
6.93%, 11/01/2012		2,815,979		3,079,294
6.96%, 10/01/2010 – 12/01/2010		18,833,656		20,098,719
7.01%, 12/01/2010		14,793,872		15,839,663
7.18%, 12/01/2010		25,534,245		27,204,758
Ser. 2006-M2, Class 1F, 4.85%, 07/25/2012		9,932,220		10,218,665
				282,794,160
FLOATING-RATE 2.0%
FNMA:
5.63%, 12/01/2011		14,834,219		15,586,059
5.97%, 11/01/2011		17,837,461		18,881,337
6.11%, 02/01/2012 – 07/01/2012		27,700,431		29,770,315
7.41%, 04/01/2010		11,294,605		11,981,742
				76,219,453
Total Agency Commercial Mortgage-Backed Securities (cost $357,526,398)				359,013,613
AGENCY MORTGAGE-BACKED COLLATERALIZED MORTGAGE OBLIGATIONS 8.0%
FIXED-RATE 8.0%
FHLMC:
Ser. 0243, Class 6, IO, 6.00%, 12/15/2032		107,524		26,398
Ser. 1590, Class IA, 6.43%, 10/15/2023		225,674		228,854
Ser. 1897, Class K, 7.00%, 09/15/2026		6,500		6,734
Ser. 2006-44, Class OA, 5.50%, 12/25/2026		335,980		343,803
Ser. 2043, Class ZP, 6.50%, 04/15/2028		162,257		171,911
Ser. 2173, Class Z, 6.50%, 07/15/2029		399,038		423,901
Ser. 2326, Class ZP, 6.50%, 06/15/2031		61,648		65,050
Ser. 2423, Class MC, 7.00%, 03/15/2032		92,391		98,280
Ser. 2647, Class PC, 5.00%, 11/15/2031		1,250,000		1,267,637

1

EVERGREEN CORE BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

	Principal Amount			Value
AGENCY MORTGAGE-BACKED COLLATERALIZED MORTGAGE OBLIGATIONS continued
FIXED-RATE continued
FHLMC:
Ser. 2654, Class OG, 5.00%, 02/15/2032 ##	$	14,686,000	$	14,836,665
Ser. 2762, Class LE, 5.00%, 11/15/2029		18,366,874		18,765,342
Ser. 2772, Class GE, 5.00%, 08/15/2029		11,036,000		11,277,760
Ser. 2778, Class JD, 5.00%, 12/15/2032		45,813,000		45,996,280
Ser. 2783, Class PC, 5.00%, 12/15/2028		16,598,126		16,962,281
Ser. 2840, Class OD, 5.00%, 07/15/2029		325,000		331,638
Ser. 3056, Class HC, 5.00%, 02/15/2031		22,585,794		22,988,573
Ser. 3059, Class CD, 5.00%, 04/15/2031		3,786,000		3,859,279
Ser. 3079, Class MC, 5.00%, 02/15/2031		23,152,763		23,597,155
Ser. 3079, Class MD, 5.00%, 03/15/2034 ##		31,819,250		31,511,202
Ser. 3104, Class QD, 5.00%, 05/15/2034		22,179,817		21,929,831
FNMA:
Ser. 0342, Class 2, IO, 6.00%, 09/01/2033		278,174		57,289
Ser. 1998-61, Class PL, 6.00%, 11/25/2028		93,374		97,802
Ser. 1999, Class LH, 6.50%, 11/25/2029		129,806		137,818
Ser. 2001-06, Class ZC, 6.50%, 09/25/2030		345,085		368,410
Ser. 2001-46, Class ZG, 6.00%, 09/25/2031		622,340		651,342
Ser. 2001-70, Class LR, 6.00%, 09/25/2030		43,897		44,208
Ser. 2001-82, Class ZA, 6.50%, 01/25/2032		84,011		88,884
Ser. 2002-56, Class KW, 6.00%, 04/25/2023		370,000		381,200
Ser. 2003-025, Class IK, IO, 7.00%, 04/25/2033		775,336		144,053
Ser. 2003-033, Class IA, IO, 6.50%, 05/25/2033		342,572		83,844
Ser. 2003-084, Class PW, 3.00%, 06/25/2022		52,889		52,757
Ser. 2003-092, Class KH, 5.00%, 03/25/2032 ##		35,580,000		35,933,302
Ser. 2003-129, Class PW, 4.50%, 07/25/2033		1,400,000		1,408,807
Ser. 2004-33, Class MW, 4.50%, 01/25/2030		225,000		225,960
Ser. 2004-45, Class VB, 4.50%, 10/25/2028		100,000		94,662
Ser. 2005-20, Class QE, 5.00%, 10/25/2030 ##		30,280,000		30,772,241
Ser. 2005-31, Class PB, 5.50%, 04/25/2035		75,000		76,577
Ser. 2006-38, Class PD, 5.00%, 12/25/2034 ##		25,000,000		24,625,970
Ser. 2006-57, Class PA, 5.50%, 08/25/2027		377,505		386,180
				310,319,880
FLOATING-RATE 0.0%
FHLMC, Ser. 2504, Class FP, 5.53%, 03/15/2032		238,087		238,377
GNMA, Ser. 2002-41, Class GS, IO, 4.77%, 06/16/2032		150,773		34,960
				273,337
Total Agency Mortgage-Backed Collateralized Mortgage Obligations (cost $297,845,657)				310,593,217
AGENCY MORTGAGE-BACKED PASS THROUGH SECURITIES    8.3%
FIXED-RATE 7.4%
FHLMC:
4.50%, 05/01/2018 – 04/01/2035		26,444,275		25,593,433
5.00%, 08/01/2018 – 10/01/2018		488,594		496,140
5.50%, 02/01/2017 – 11/01/2017		608,929		625,066
6.00%, 04/01/2014 – 02/01/2023		1,494,651		1,544,229
6.50%, 09/01/2019 – 02/01/2033		9,646,269		10,071,328
7.00%, 02/01/2015 – 05/01/2032		692,121		734,085
FHLMC 30 year:
5.00%, TBA #		119,690,000		118,960,609
5.50%, TBA #		84,095,000		85,001,628
FNMA:
4.50%, 05/01/2018 – 02/01/2022		3,114,566		3,130,430
5.00%, 12/01/2017 – 11/01/2035		17,692,836		17,692,086
6.00%, 12/01/2008 – 11/01/2033		2,350,458		2,423,232
6.10%, 03/01/2012		9,899,315		10,621,130

2

EVERGREEN CORE BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

		Principal Amount		Value
AGENCY MORTGAGE-BACKED PASS THROUGH SECURITIES continued
FIXED-RATE continued
FNMA:
6.50%, 04/01/2017 – 08/01/2032	$	1,488,600	$	1,560,928
7.00%, 08/01/2028 – 06/01/2032		193,849		207,001
7.50%, 02/01/2012 – 01/01/2033		3,466,290		3,719,255
FNMA 30 year, 5.00%, TBA #		3,135,000		3,116,877
GNMA:
7.00%, 11/15/2029		204,512		219,218
7.75%, 07/15/2020 – 08/15/2021		673,107		729,457
8.25%, 07/15/2008		145		148
11.50%, 05/15/2013-06/15/2013		10,098		11,805
				286,458,085
FLOATING-RATE    0.9%
FNMA:
5.52%, 12/01/2011		1,920,744		2,010,179
5.93%, 11/01/2036		27,343,736		28,099,249
GNMA, 5.625%, 07/20/2024		3,839,902		3,869,792
				33,979,220
Total Agency Mortgage-Backed Pass Through Securities    (cost $318,577,043)				320,437,305
AGENCY REPERFORMING MORTGAGE-BACKED COLLATERALIZED MORTGAGE OBLIGATIONS 1.8%
FNMA:
Ser. 2003-W02, Class 2A9, 5.90%, 07/25/2042		38,498,488		40,684,286
Ser. 2003-W12, Class 1A8, 4.55%, 06/25/2043		29,705,000		29,696,748
Total Agency Reperforming Mortgage-Backed Collateralized Mortgage Obligations (cost $67,542,866)				70,381,034
ASSET-BACKED SECURITIES 4.6%
Credit Suisse Mtge. Capital Cert., Ser. 2007-03, Class 1A3A, 5.75%, 04/25/2037		7,175,000		7,109,062
CSAB Mtge. Backed Trust, Ser. 2006-02, Class A3A, 5.80%, 09/25/2036		21,140,000		22,496,131
Deutsche Alt-A Securities, Inc., Mtge. Loan Trust:
Ser. 2005-03, Class 4A5, 5.25%, 06/25/2035		22,504,000		22,236,914
Ser. 2005-04, Class A3, 5.25%, 09/25/2035		18,280,000		17,889,857
HSBC Home Equity Loan Trust, Ser. 2005-3, Class A1, FRN, 5.00%, 01/20/2035		2,157		2,136
JPMorgan Alternative Loan Trust:
Ser. 2006-S2, Class A2, 5.81%, 05/25/2036		29,440,000		29,610,458
Ser. 2006-S2, Class A6, 6.05%, 05/25/2036		10,713,000		10,630,189
Lehman XS Trust:
Ser. 2005-01, Class 3A3A, 5.11%, 07/25/2035		2,350,000		1,912,014
Ser. 2005-06, Class 3A2B, 5.42%, 11/25/2035		3,795,000		3,765,778
Ser. 2005-06, Class 3A3A, 5.76%, 11/25/2035		15,336,000		14,362,281
Ser. 2006-05, Class 2A4A, 5.89%, 04/25/2036		1,625,000		1,690,617
MASTR Asset Backed Securities Trust, Ser. 2005-AB1, Class A4, 5.65%, 10/25/2032		16,177,000		15,134,878
Morgan Stanley Mtge. Trust, Ser. 2006-2, Class 5A3, 5.50%, 02/25/2036		14,060,000		13,526,853
Nomura Asset Acceptance Corp.:
Ser. 2006-AF2, Class 1A4, 6.43%, 07/25/2036		7,950,000		7,232,041
Ser. 2006-AP1, Class A2, 5.52%, 01/25/2036		5,345,000		5,121,614
Salomon Brothers Mtge. Securities V, Ser. 1985-1, Class Z, 10.25%, 04/01/2016 o +		1,502		1,502
Vanderbilt Mtge. & Fin., Inc., Ser. 2002-B, Class A3, 4.70%, 10/17/2018		3,573,819		3,561,964
Total Asset-Backed Securities    (cost $177,997,087)				176,284,289
COMMERCIAL MORTGAGE-BACKED SECURITIES 18.8%
FIXED-RATE 11.9%
Banc of America Comml. Mtge. Securities, Inc.:
Ser. 2004-04, Class A6, 4.88%, 07/10/2042		12,635,000		12,429,617
Ser. 2006-05, Class A2, 5.32%, 10/10/2011		300,000		304,287
Ser. 2007-01, Class A2, 5.38%, 01/15/2049		18,970,000		18,945,290
Ser. 2007-04, Class A4, 5.75%, 07/10/2017		20,145,000		20,361,571
Citigroup Comml. Mtge. Trust, Ser. 2007-C6, Class C, 5.70%, 07/10/2017		6,360,000		5,261,602

3

EVERGREEN CORE BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

		Principal Amount		Value
COMMERCIAL MORTGAGE-BACKED SECURITIES continued
FIXED-RATE continued
Citigroup/Deutsche Bank Comml. Mtge. Trust, Ser. 2007-CD4, Class A2B, 5.21%, 12/11/2049	$	310,000	$	307,975
Commercial Mtge. Pass-Through Cert.:
Ser. 2004-LB2A, Class A4, 4.72%, 03/10/2039		12,000,000		11,728,788
Ser. 2007-C9, Class B, 6.01%, 12/10/2049		18,607,000		15,739,605
Credit Suisse First Boston Mtge. Securities Corp.:
Ser. 2003-C3, Class A2, 2.85%, 05/15/2038		21,769,099		21,643,792
Ser. 2004-C1, Class A4, 4.75%, 01/15/2037		21,060,000		20,597,819
Ser. 2005-C1, Class A4, 5.01%, 02/15/2038		41,570,000		40,992,135
Credit Suisse Mtge. Capital Cert., Ser. 2006-C5, Class A3, 5.31%, 12/15/2039		11,665,000		11,431,161
GE Capital Comml. Mtge. Corp.:
Ser. 2004-C1, Class A3, 4.60%, 11/10/2038		28,580,000		27,743,618
Ser. 2005-C1, Class A5, 4.77%, 06/10/2048		12,060,000		11,717,380
Ser. 2005-C3, Class A2, 4.85%, 07/10/2045		440,000		438,519
Ser. 2007-C1, Class C, 5.89%, 12/10/2049		28,627,000		23,792,927
Greenwich Capital Comml. Funding Corp.:
Ser. 2003-C1, Class A1, 2.31%, 07/05/2035		683,343		680,963
Ser. 2005-GG05, Class A2, 5.12%, 04/10/2037		304,000		307,311
Ser. 2007-GG09, Class A2, 5.38%, 03/10/2039		20,015,000		20,016,537
Ser. 2007-GG09, Class A4, 5.44%, 03/10/2039		36,750,000		36,307,310
Ser. 2007-GG11, Class B, 6.10%, 12/10/2049		4,184,000		3,612,290
GS Mtge. Securities Corp.:
Ser. 2006-GG8, Class A2, 5.48%, 11/10/2039		292,000		293,605
Ser. 2007-GG10, Class AM, 5.80%, 08/10/2045		32,300,000		31,129,684
JPMorgan Chase & Co. Comml. Mtge. Securities Corp.:
Ser. 2005-LDP4, Class A2, 4.79%, 10/15/2042		200,000		200,163
Ser. 2006-LDP8, Class B, 5.52%, 05/15/2045		4,595,000		3,854,306
Ser. 2007-CB18, Class A4, 5.44%, 06/12/2047		30,950,000		30,519,807
Ser. 2007-LD12, Class A2, 5.83%, 02/15/2051		15,480,000		15,666,926
Ser. 2007-LD12, Class A4, 5.88%, 02/15/2051		12,350,000		12,519,042
LB-UBS Comml. Mtge. Trust:
Ser. 2003-C7, Class A1, 3.33%, 09/15/2027		19,522,985		19,447,695
Ser. 2003-C8, Class A4, 5.12%, 11/15/2032 ρ		5,055,000		5,055,107
Ser. 2005-C5, Class A2, 4.89%, 09/15/2030		160,000		160,786
Ser. 2007-C1, Class A2, 5.32%, 09/15/2037		270,000		269,600
Merrill Lynch/Countrywide Comml. Mtge. Trust, Ser. 2006-4, Class A3, 5.17%, 12/12/2049		6,980,000		6,776,459
Morgan Stanley Capital I, Inc.:
Ser. 2003-T11, Class A1, 3.26%, 06/13/2041		2,981,083		2,969,906
Ser. 2004-HQ4, Class A7, 4.97%, 04/14/2040		12,702,000		12,538,938
Ser. 2004-IQ8, Class A5, 5.11%, 06/15/2040		4,780,000		4,754,381
Wachovia Bank Comml. Mtge. Trust, Ser. 2003-C8, Class A1, 3.44%, 11/15/2035		10,753,182		10,663,188
				461,180,090
FLOATING-RATE 6.9%
Banc of America Comml. Mtge., Inc.:
Ser. 2004-3, Class A5, 5.32%, 06/10/2039		37,960,000		38,646,526
Ser. 2007-1, Class A4, 5.45%, 01/15/2049		29,790,000		29,399,936
Credit Suisse Mtge. Capital Cert., Ser. 2007-C3, Class A4, 5.72%, 06/15/2039		22,000,000		22,194,641
GS Mtge. Securities Corp., Ser. 2007-GG10, Class A4, 5.99%, 08/10/2045		10,000,000		10,146,326
JPMorgan Chase & Co. Comml. Mtge. Securities Corp.:
Ser. 2004-CB9, Class A4, 5.37%, 06/12/2041		13,395,000		13,656,086
Ser. 2007-CB19:
Class A4, 5.75%, 02/12/2049		31,940,000		32,227,329
Class AM, 5.75%, 02/12/2049		5,280,000		5,064,095
Ser. 2007-LD11, Class A4, 5.82%, 06/15/2049		8,040,000		8,161,468

4

EVERGREEN CORE BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

		Principal Amount		Value
COMMERCIAL MORTGAGE-BACKED SECURITIES continued
FLOATING-RATE continued
Morgan Stanley Capital I, Inc.:
Ser. 2004-IQ7, Class A4, 5.41%, 06/15/2038	$	33,730,000	$	34,287,304
Ser. 2006-HQ8, Class A4, 5.39%, 03/12/2044		22,750,000		22,506,780
Ser. 2007-IQ15, Class A4, 5.88%, 06/11/2049		27,705,000		28,297,011
Wachovia Bank Comml. Mtge. Trust, Ser. 2004-C12, Class A4, 5.23%, 07/15/2041		20,552,000		20,740,928
				265,328,430
Total Commercial Mortgage-Backed Securities (cost $732,113,878)				726,508,520
CORPORATE BONDS 22.1%
CONSUMER DISCRETIONARY 3.1%
Automobiles 0.0%
DaimlerChrysler AG, 7.30%, 01/15/2012		225,000		246,409
Hotels, Restaurants & Leisure 0.2%
McDonald’s Corp., 6.30%, 10/15/2037		7,400,000		7,606,253
Media 1.0%
Comcast Corp., 6.20%, 11/15/2008		9,875,000		9,997,894
Cox Enterprises, Inc., 4.375%, 05/01/2008 144A		320,000		320,399
Time Warner, Inc., 7.625%, 04/15/2031		24,000,000		26,004,000
				36,322,293
Multi-line Retail 1.0%
Kohl’s Corp., 6.875%, 12/15/2037		9,950,000		9,347,995
Macy’s, Inc.:
6.375%, 03/15/2037		16,255,000		13,563,595
6.70%, 09/15/2028		5,385,000		4,670,922
6.90%, 01/15/2032 ρ		5,000,000		4,419,665
Target Corp., 6.50%, 10/15/2037		8,300,000		8,175,367
				40,177,544
Specialty Retail 0.9%
Home Depot, Inc., 5.875%, 12/16/2036		30,000,000		25,113,990
Lowe’s Cos., 6.65%, 09/15/2037		11,000,000		11,062,909
				36,176,899
CONSUMER STAPLES 0.6%
Food & Staples Retailing    0.6%
Safeway, Inc., 6.50%, 11/15/2008		10,000,000		10,166,040
Wal-Mart Stores, Inc., 6.50%, 08/15/2037 ρ		12,825,000		13,495,799
				23,661,839
Food Products 0.0%
Sara Lee Corp., 2.75%, 06/15/2008		125,000		124,583
ENERGY     0.6%
Oil, Gas & Consumable Fuels 0.6%
El Paso Corp., 6.50%, 06/01/2008		55,000		55,693
Kinder Morgan Energy Partners, LP:
5.80%, 03/15/2035 ρ		3,000,000		2,665,974
7.40%, 03/15/2031		6,685,000		7,193,334
Marathon Oil Corp., 6.60%, 10/01/2037		14,000,000		14,472,738
				24,387,739
FINANCIALS 12.2%
Capital Markets 4.2%
Eaton Vance Corp., 6.50%, 10/02/2017		10,000,000		10,459,480
Goldman Sachs Group, Inc.:
5.30%, 02/14/2012 ρ		10,000,000		10,366,740
5.95%, 01/18/2018		12,000,000		12,407,472
6.75%, 10/01/2037		26,155,000		25,740,417
Legg Mason, Inc., 6.75%, 07/02/2008 ρ		1,070,000		1,083,225

5

EVERGREEN CORE BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

		Principal Amount		Value
CORPORATE BONDS continued
FINANCIALS continued
Capital Markets continued
Lehman Brothers Holdings, Inc.:
6.00%, 07/19/2012 ρ	$	10,000,000	$	10,258,350
7.00%, 09/27/2027 ρ		11,500,000		11,686,588
Merrill Lynch & Co., Inc.:
4.125%, 09/10/2009 ρ		10,255,000		10,198,710
6.05%, 08/15/2012		23,750,000		24,738,831
Morgan Stanley:
5.625%, 01/09/2012 ρ		25,000,000		25,783,000
5.95%, 12/28/2017		21,175,000		21,415,358
				164,138,171
Commercial Banks 1.7%
National City Corp.:
4.50%, 03/15/2010		20,000,000		20,080,120
5.80%, 06/07/2017		13,000,000		12,094,134
PNC Financial Services Group, Inc., 7.50%, 11/01/2009		11,390,000		12,112,456
SunTrust Banks, Inc., 4.25%, 10/15/2009		20,650,000		20,752,218
				65,038,928
Consumer Finance 2.3%
American General Finance Corp., 5.90%, 09/15/2012		20,000,000		20,331,660
American Water Capital Corp., 6.09%, 10/15/2017 144A		10,000,000		10,271,600
HSBC Finance Corp.:
4.125%, 11/16/2009 ρ		10,000,000		10,010,450
4.625%, 09/15/2010 ρ		12,000,000		12,208,008
6.75%, 05/15/2011		8,550,000		9,005,980
Sprint Capital Corp., 6.875%, 11/15/2028		30,785,000		25,893,540
				87,721,238
Diversified Financial Services 1.1%
Bank of America Corp., 5.30%, 03/15/2017 ρ		4,000,000		3,987,828
Citigroup, Inc., 6.125%, 11/21/2017		17,500,000		18,486,720
JPMorgan Chase & Co., 6.00%, 10/01/2017		20,000,000		20,889,280
				43,363,828
Insurance 1.2%
American International Group, Inc., 4.70%, 10/01/2010		20,000,000		20,327,400
MetLife, Inc., 5.00%, 06/15/2015		5,000,000		5,015,480
Prudential Financial, Inc., 6.10%, 06/15/2017 ρ		20,000,000		20,591,040
				45,933,920
Real Estate Investment Trusts 1.2%
BRE Properties, Inc.:
4.875%, 05/15/2010		17,000,000		16,992,571
5.50%, 03/15/2017		12,000,000		10,468,548
Duke Realty Corp., 7.75%, 11/15/2009		7,510,000		7,908,526
ERP Operating, LP, 5.75%, 06/15/2017 ρ		12,000,000		11,073,780
				46,443,425
Thrifts & Mortgage Finance 0.5%
Washington Mutual, Inc., 5.00%, 03/22/2012 ρ		20,000,000		17,643,140
HEALTH CARE 2.5%
Biotechnology     0.6%
Amgen, Inc., 6.375%, 06/01/2037 144A ρ		23,500,000		23,497,321
Health Care Equipment & Supplies 0.2%
Covidien, Ltd., 6.55%, 10/15/2037 144A		7,000,000		7,159,600

6

EVERGREEN CORE BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

		Principal Amount		Value
CORPORATE BONDS continued
HEALTH CARE continued
Health Care Providers & Services 1.0%
UnitedHealth Group, Inc., 5.375%, 03/15/2016 ρ	$	20,300,000	$	19,855,613
WellPoint, Inc.:
5.875%, 06/15/2017 ρ		10,000,000		10,193,790
6.375%, 06/15/2037 ρ		10,000,000		9,803,990
				39,853,393
Pharmaceuticals 0.7%
Abbott Laboratories, 5.875%, 05/15/2016		12,000,000		12,816,756
AstraZeneca plc, 6.45%, 09/15/2037		11,950,000		12,975,597
				25,792,353
INDUSTRIALS 0.8%
Air Freight & Logistics     0.3%
FedEx Corp., 6.72%, 01/15/2022		12,591,014		13,586,914
Road & Rail 0.5%
Burlington Northern Santa Fe Corp.:
5.90%, 07/01/2012		10,000,000		10,498,380
7.125%, 12/15/2010		6,870,000		7,384,858
				17,883,238
MATERIALS 0.3%
Paper & Forest Products 0.3%
Weyerhaeuser Co., 7.375%, 03/15/2032		10,000,000		9,952,870
TELECOMMUNICATION SERVICES 1.5%
Diversified Telecommunication Services 1.0%
BellSouth Corp., Sr. Disc. Note, Step Bond, 0.00%, 12/15/2095 †		6,000,000		3,093,948
New Jersey Bell Telephone Co., 7.85%, 11/15/2029		17,180,000		19,581,317
SBC Communications, Inc., 6.25%, 03/15/2011		14,625,000		15,506,712
				38,181,977
Wireless Telecommunication Services 0.5%
AT&T Wireless, 8.125%, 05/01/2012		17,500,000		19,912,830
UTILITIES     0.5%
Electric Utilities 0.5%
Carolina Power & Light Co., 6.50%, 07/15/2012		15,800,000		17,170,871
Total Corporate Bonds (cost $846,993,486)				851,977,576

	Shares	Value
PREFERRED STOCKS 0.6%
FINANCIALS     0.6%
Thrifts & Mortgage Finance 0.6%
Fannie Mae, Ser. S, 8.25%	375,000	9,907,500
Freddie Mac, Ser. Z, 8.38%	500,000	13,425,000
Total Preferred Stocks (cost $21,875,000)		23,332,500

		Principal Amount		Value
U.S. TREASURY OBLIGATIONS 0.0%
U.S. Treasury Bonds, 6.00%, 02/15/2026 ρ    (cost $1,512,458)	$	1,245,000	$	1,505,575

7

EVERGREEN CORE BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

		Principal Amount		Value
WHOLE LOAN MORTGAGE-BACKED COLLATERALIZED MORTGAGE OBLIGATIONS 4.7%
FIXED-RATE 2.8%
Banc of America Mtge. Securities, Inc., Ser. 2005-D, Class 2A6, 4.78%, 05/25/2035	$	22,000,000	$	22,402,444
Countrywide Alternative Loan Trust, Inc., Ser. 2003-20CB, Class 1A2, 5.50%, 10/25/2033		405,629		404,027
Countrywide Home Loans, Inc., Ser. 2004-J8, Class 1A3, 4.75%, 11/25/2019		504,277		505,493
GS Mtge. Securities Corp., Ser. 2007-NIM1, Class N1, 6.25%, 08/25/2046 144A		1,435,787		1,414,638
Harborview NIM Corp.:
Ser. 2006-12, Class N1, 6.41%, 12/19/2036 144A o		3,779,419		3,775,640
Ser. 2006-14, Class N1, 6.41%, 12/19/2036 144A o		1,500,579		1,497,062
Ser. 2006-14, Class N1, 6.41%, 03/19/2037 144A o		3,207,660		3,196,634
Residential Asset Securitization Trust, Ser. 2006-A9CB, Class A5, 6.00%, 07/25/2036		9,384		9,433
Sharps, LLC NIM Trust, Ser. 2006-OA1N, Class N1, 7.00%, 02/25/2047 144A		1,011,769		1,024,820
Washington Mutual, Inc.:
Ser. 2003-AR11, Class A6, 3.99%, 10/25/2033		26,132,000		26,138,285
Ser. 2005-AR12, Class 1A4, 4.83%, 10/25/2035		48,007,000		48,169,744
Wells Fargo Mtge. Backed Securities Trust, Ser. 2004-S, Class A7, 3.54%, 09/25/2034		195,000		195,538
				108,733,758
FLOATING-RATE 1.9%
Banc of America Mtge. Securities, Inc., Ser. 2005-E, Class 2A6, 4.71%, 02/25/2035		19,611,000		19,843,990
Deutsche Securities, Inc., NIM, Ser. 2007-0A1, Class N1, 6.50%, 02/25/2047 144A o		2,393,282		2,335,844
Washington Mutual, Inc.:
Ser. 2005-AR5, Class A5, 4.68%, 05/25/2035		39,610,000		40,050,855
Ser. 2005-AR8, Class 2AB1, 5.12%, 07/25/2045		997		995
Ser. 2006-OA3, Class 4AB, 5.56%, 04/25/2047		12,153,704		11,142,151
				73,373,835
Total Whole Loan Mortgage-Backed Collateralized Mortgage Obligations(cost $179,362,062)				182,107,593
WHOLE LOAN MORTGAGE-BACKED PASS THROUGH SECURITIES 22.7%
FIXED-RATE 4.5%
Countrywide Alternative Loan Trust, Inc.:
Ser. 2004-24CB, Class 1A1, 6.00%, 11/25/2034		20,177,616		20,126,232
Ser. 2007-24, Class A1, 7.00%, 10/25/2037		13,248,957		13,525,782
First Horizon Mtge. Pass Through Trust:
Ser. 2004-5, Class 2A1, 6.25%, 08/25/2017		61,345		62,780
Ser. 2007-AR2, Class 2A1, 5.89%, 07/25/2037		23,567,713		24,006,308
GSAA Home Equity Trust:
Ser. 2007-09, Class A1A, 6.00%, 10/01/2037		17,441,209		17,378,526
Ser. 2007-10, Class A1A, 6.00%, 11/25/2037		11,999,696		11,977,196
Ser. 2007-10, Class A2A, 6.50%, 11/26/2037		30,236,847		30,506,136
PHH Alternative Mtge. Trust, Ser. 2007-01, Class 21A, 6.00%, 02/25/2037		9,797,121		9,876,010
Residential Accredited Loans, Inc., Ser. 2007-QS10, Class A1, 6.50%, 09/25/2037		11,594,462		11,938,964
Washington Mutual, Inc., Ser. 2007-05, Class A6, 6.00%, 06/25/2037		36,448,817		35,802,907
				175,200,841
FLOATING-RATE 18.2%
Alternative Loan Trust, Ser. 2006, Class 4A1, 5.90%, 02/25/2037		27,545,212		28,082,344
American Home Mtge. Assets, Ser. 2007-1, Class A1, 5.49%, 02/25/2047		17,455,647		16,199,071
Bear Stearns Adjustable Rate Mtge. Trust, Ser. 2007-5, Class 1A1, 5.83%, 08/25/2047		5,908,422		6,018,318
Citigroup Mtge. Loan Trust, Inc.:
Ser. 2005-7, Class 2A3A, 5.19%, 09/25/2035		16,438,090		16,491,617
Ser. 2007-AR8, Class 1A1A, 5.76%, 08/25/2037		49,759,222		50,604,631
Countrywide Alternative Loan Trust, Inc., Ser. 2007-A2, Class 1A1, 5.63%, 03/25/2047		23,059,305		21,584,201
Countrywide Home Loans:
Ser. 2005-HYB6, Class 4A1B, 5.37%, 10/20/2035		19,435,411		19,595,331
Ser. 2007-HY5, Class 1A1, 5.95%, 09/25/2037		19,061,628		19,464,210
Ser. 2007-HYB2, Class 3A1, 5.46%, 02/25/2047		38,097,173		36,549,476
Deutsche Securities, Inc., Ser. 2007-OA2, Class A1, 5.63%, 04/25/2047		15,153,403		14,395,127
GSR Mtge. Loan Trust, Ser. 2007-AR1, Class 2A1, 6.00%, 03/25/2037		51,854,391		52,736,771

8

EVERGREEN CORE BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

		Principal Amount		Value
WHOLE LOAN MORTGAGE-BACKED PASS THROUGH SECURITIES continued
FLOATING-RATE continued
HSI Asset Loan Obligation Trust:
Ser. 2007-AR1, Class 11A1, 6.14%, 01/25/2037	$	20,181,052	$	19,239,335
Ser. 2007-AR2, Class 2A1, 6.01%, 09/25/2037		18,227,249		18,620,775
IndyMac INDX Mtge. Loan Trust, Ser. 2006-AR11, Class 3A1, 5.83%, 06/25/2036		35,205,319		32,857,290
MASTR Reperforming Loan Trust:
Ser. 2006-2, Class 1A1, 5.89%, 05/25/2046 144A		21,064,672		21,568,960
Ser. 2006-OA2, Class 4A1B, 5.99%, 12/25/2046 o		30,813,510		28,320,697
Residential Accredited Loans, Inc., Ser. 2007-QS11, Class A1, 7.00%, 10/25/2037 #		858,178		865,543
Residential Funding Mtge. Securities, Ser. 2007-SA3, Class 2A1, 5.78%, 07/27/2037		14,121,611		14,371,281
Structured Adjustable Rate Mtge. Loan Trust, Ser. 2007-3, Class 3A1, 5.73%, 04/25/2037		22,538,964		22,888,318
Washington Mutual, Inc.:
Ser. 2006-AR02, Class A1A, 5.73%, 04/25/2046		35,826,567		35,302,371
Ser. 2006-AR08, Class 2A, 5.64%, 10/25/2046		19,052,744		17,605,987
Ser. 2006-AR09, Class 2A, 5.50%, 11/25/2046 ρ		23,891,433		21,786,598
Ser. 2006-AR12, Class 2A3, 5.75%, 10/25/2036		5,810,103		5,903,123
Ser. 2006-AR14, Class 1A4, 5.65%, 11/25/2036		19,670,546		20,008,246
Ser. 2007-HY5, Class 2A2, 5.34%, 06/25/2037		69,609,577		70,146,963
Ser. 2007-OA4, Class 1A, 5.56%, 05/25/2047		19,239,508		18,303,121
Ser. 2007-OA5:
Class 1A, 5.54%, 06/25/2047		1,880,699		1,787,247
Class 1A1B, 5.54%, 06/25/2047		36,525,988		33,362,837
Wells Fargo Mtge. Backed Securities Trust, Ser. 2006-AR10, Class 5A1, 5.60%, 07/25/2036		37,929,288		39,015,708
				703,675,497
Total Whole Loan Mortgage-Backed Pass Through Securities (cost $874,928,186)				878,876,338
YANKEE OBLIGATIONS – CORPORATE 1.1%
MATERIALS 0.5%
Metals & Mining 0.5%
Alcan, Inc., 6.125%, 12/15/2033		20,000,000		19,294,980
TELECOMMUNICATION SERVICES 0.6%
Wireless Telecommunication Services 0.6%
Vodafone Group plc, 5.625%, 02/27/2017 ρ		23,500,000		23,604,951
Total Yankee Obligations – Corporate (cost $43,031,997)				42,899,931

	Shares	Value
CLOSED END MUTUAL FUND SHARES 1.3%
Blackrock Income Trust	19,100	110,016
Eaton Vance Limited Duration Income Trust	13,600	213,656
MFS Government Markets Income Trust	279,998	1,959,986
MFS Intermediate Income Trust ρ	2,379,050	15,154,549
Putnam Master Intermediate Income Trust ρ	1,170,463	7,479,259
Putnam Premier Income Trust	1,878,458	11,834,285
Western Asset/Claymore U.S. Treasury Inflation Protected Securities Fund	198,108	2,420,880
Western Asset/Claymore U.S. Treasury Inflation Protected Securities Fund 2	772,925	9,499,248
Total Closed End Mutual Fund Shares     (cost $46,253,129)		48,671,879

		Principal Amount	Value
SHORT-TERM INVESTMENTS 4.1%
CORPORATE BONDS 0.3%
Commercial Banks 0.1%
First Tennessee Bank, FRN, 4.04%, 08/15/2008 ρρ	$	3,000,000	2,983,993
Insurance 0.2%
Metropolitan Life Global Funding, FRN, 3.92%, 08/21/2008 ρρ		7,750,000	7,745,217

9

EVERGREEN CORE BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

	Shares		Value
MUTUAL FUND SHARES 3.8%
Evergreen Institutional Money Market Fund, Class I, 4.31% q ø ρρ	146,335,841	$	146,335,841
Total Short-Term Investments (cost $157,085,842)			157,065,051
Total Investments     (cost $4,122,645,089) 107.4%			4,149,654,421
Other Assets and Liabilities (7.4%)			(284,885,939	)
Net Assets 100.0%		$	3,864,768,482

##	All or a portion of this security has been segregated for when-issued or delayed delivery securities.
#	When-issued or delayed delivery security
o	Security is valued at fair value as determined by the investment advisor in good faith, according to procedures approved by the Board of Trustees.
+	Security is deemed illiquid.
ρ	All or a portion of this security is on loan.
144A	Security that may be sold to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended. This security has been determined to be liquid under guidelines established by the Board of Trustees, unless otherwise noted.
†	Security initially issued in zero coupon form which converts to coupon form at a specified rate and date. An effective interest rate is applied to recognize interest income daily for the bond. This rate is based on total expected interest to be earned over the life of the bond which consists of the aggregate coupon-interest payments and discount at acquisition. The rate shown is the stated rate at the current period end.
^	Collateralized by U.S. government agency obligations at period end.
ρρ	All or a portion of this security represents investment of cash collateral received from securities on loan.
q	Rate shown is the 7-day annualized yield at period end.
ø	Evergreen Investment Management Company, LLC is the investment advisor to both the Fund and the money market fund.

Summary of Abbreviations

FHLMC	Federal Home Loan Mortgage Corp.
FNMA	Federal National Mortgage Association
FRN	Floating Rate Note
GNMA	Government National Mortgage Association
IO	Interest Only
MASTR	Mortgage Asset Securitization Transactions, Inc.
NIM	Net Interest Margin
TBA	To Be Announced

10

EVERGREEN CORE BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

At January 31, 2008, the Fund had the following open credit default swap contracts outstanding:

Expiration	Counterparty	Reference Debt Obligation	Notional Amount	Fixed Payments Made by the Fund	Frequency of Payments Made	Unrealized Gain
06/20/2012	CitiBank, Inc.	BorgWarner, Inc., 6.50%, 02/15/2009	$8,000,000	0.26%	Quarterly	$69,064
06/20/2012	Goldman Sachs Group, Inc.	Avon Products, Inc., 7.15%, 11/15/2009	8,000,000	0.15%	Quarterly	51,280
09/20/2012	Goldman Sachs Group, Inc.	PPG Industries, 7.05%, 09/20/2012	8,000,000	0.22%	Quarterly	132,570

Expiration	Counterparty	Reference Debt Obligation/Index	Notional Amount	Fixed Payments Received by the Fund	Frequency of Payments Received	Unrealized Gain (Loss)
09/20/2008	CitiBank, Inc.	Goldman Sachs Group, Inc., 6.60%, 01/01/2012	$8,000,000	0.70%	Quarterly	$(12,029)
09/20/2008	CitiBank, Inc.	Lehman Brothers Holdings, Inc., 6.625%, 01/18/2012	8,000,000	1.00%	Quarterly	(48,308)
09/20/2008	JPMorgan	Lehman Brothers Holdings, Inc., 6.625%, 01/18/2012	8,000,000	1.25%	Quarterly	(35,502)
09/20/2008	JPMorgan	Merrill Lynch & Co., Inc., 5.00%, 01/15/2015	8,000,000	0.80%	Quarterly	(47,274)
12/20/2008	JPMorgan	Lehman Brothers Holdings, Inc., 6.625%, 01/18/2012	10,000,000	0.80%	Quarterly	(97,507)
12/20/2008	Lehman Brothers Holdings, Inc.	Lehman Brothers Holdings, Inc., 6.625%, 01/18/2012	8,000,000	0.85%	Quarterly	(55,991)
12/20/2008	Lehman Brothers Holdings, Inc.	Morgan Stanley, 6.60%, 04/01/2012	10,000,000	1.15%	Quarterly	(15,309)
03/20/2009	Goldman Sachs Group, Inc.	Morgan Stanley, 6.60%, 04/01/2012	8,000,000	1.75%	Quarterly	38,721
09/20/2010	Goldman Sachs Group, Inc.	Duke Realty, Ltd., 5.40%, 08/15/2014	8,000,000	0.75%	Quarterly	(586,891)
06/20/2012	Lehman Brothers Holdings, Inc.	JC Penney, 8.00%, 03/01/2010	16,000,000	0.45%	Quarterly	(815,307)
06/20/2012	Morgan Stanley	Dow Jones CDX	16,000,000	0.35%	Quarterly	(438,479)
06/20/2012	Morgan Stanley	PG&E Corp., 4.80%, 03/01/2014	10,000,000	0.24%	Quarterly	(95,608)
06/20/2012	Morgan Stanley	PG&E Corp., 4.80%, 03/01/2014	10,000,000	0.24%	Quarterly	(95,608)
09/20/2012	Morgan Stanley	Duke Realty, Ltd., 5.40%, 08/15/2014	8,000,000	0.90%	Quarterly	(841,106)
12/13/2049	Morgan Stanley	CMBX North America Index	17,200,000	0.27%	Quarterly	(1,952,342)
12/25/2049	CitiBank, Inc.	CMBX North America Index	3,700,000	0.27%	Quarterly	(137,375)
12/25/2049	Goldman Sachs Group, Inc.	CMBX North America Index	24,700,000	0.27%	Quarterly	(1,930,786)
12/25/2051	Goldman Sachs Group, Inc.	CMBX North America Index	35,000,000	1.65%	Quarterly	(3,559,500)

At January 31, 2008, the Fund had the following open total return swap agreements outstanding:

Expiration	Notional Amount	Swap Description	Counterparty	Unrealized Loss
02/01/2008	$30,000,000	Agreement dated 07/17/2007 to receive 30 basis points and to receive the positive spread return or pay the negative spread return on the Lehman Brothers CMBS AAA 8.5+yr Index which are multiplied by the notional amount.	CitiBank, Inc.	$1,525,348
02/01/2008	38,000,000	Agreement dated 07/30/2007 to receive 50 basis points and to receive the positive spread return or pay the negative spread return on the Lehman Brothers CMBS AAA 8.5+yr Index which are multiplied by the notional amount.	Morgan Stanley	1,925,774
02/01/2008	40,000,000	Agreement dated 08/07/2007 to receive 25 basis points and to receive the positive spread return or pay the negative spread return on the Lehman Brothers CMBS AAA 8.5+yr Index which are multiplied by the notional amount.	Lehman Brothers Holdings, Inc.	2,035,464
02/01/2008	37,000,000	Agreement dated 07/24/2007 to receive 50 basis points and to receive the positive spread return or pay the negative spread return on the Lehman Brothers CMBS AAA 8.5+yr Index which are multiplied by the notional amount.	Morgan Stanley	1,875,096
03/01/2008	39,000,000	Agreement dated 08/15/2007 to receive 0 basis points and to receive the positive spread return or pay the negative spread return on the Lehman Brothers CMBS AAA 8.5+yr Index which are multiplied by the notional amount.	Lehman Brothers Holdings, Inc.	1,992,702
03/01/2008	37,000,000	Agreement dated 08/31/2007 to receive 30 basis points and to receive the positive spread return or pay the negative spread return on the Lehman Brothers CMBS AAA 8.5+yr Index which are multiplied by the notional amount.	JPMorgan	1,899,762

11

EVERGREEN CORE BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

Expiration	Notional Amount	Swap Description	Counterparty	Unrealized Loss
03/01/2008	40,000,000	Agreement dated 08/31/2007 to receive 32.5 basis points and to receive the positive spread return or pay the negative spread return on the Lehman Brothers CMBS AAA 8.5+yr Index which are multiplied by the notional amount.	Lehman Brothers Holdings, Inc.	2,054,631
03/01/2008	40,000,000	Agreement dated 08/23/2007 to receive 65 basis points and to receive the positive spread return or pay the negative spread return on the Lehman Brothers CMBS AAA 8.5+yr Index which are multiplied by the notional amount.	Lehman Brothers Holdings, Inc.	2,065,464
03/01/2008	40,000,000	Agreement dated 08/29/2007 to receive 30 basis points and to receive the positive spread return or pay the negative spread return on the Lehman Brothers CMBS AAA 8.5+yr Index which are multiplied by the notional amount.	Lehman Brothers Holdings, Inc.	2,053,797
05/01/2008	38,000,000	Agreement dated 10/22/2007 to receive 0 basis points and to receive the positive spread return or pay the negative spread return on the Lehman Brothers CMBS AAA 8.5+yr Index which are multiplied by the notional amount.	Goldman Sachs Group, Inc.	1,941,607
10/01/2008	235,000,000	Agreement dated 10/01/2007 to pay 62 basis points and to receive the positive spread return or pay the negative spread return on the Lehman Brothers CMBS AAA 8.5+yr Index which are multiplied by the notional amount.	Lehman Brothers Holdings, Inc.	12,128,726
11/01/2008	39,000,000	Agreement dated 11/01/2007 to pay 15 basis points and to receive the positive spread return or pay the negative spread return on the Lehman Brothers CMBS AAA 8.5+yr Index which are multiplied by the notional amount.	Lehman Brothers Holdings, Inc.	1,997,577

On January 31, 2008, the aggregate cost of securities for federal income tax purposes was $4,123,576,883. The gross unrealized appreciation and depreciation on securities based on tax cost was $75,592,341 and $49,514,803, respectively, with an unrealized appreciation of $26,077,538.

Valuation of investments

Portfolio debt securities acquired with more than 60 days to maturity are fair valued using matrix pricing methods determined by an independent pricing service which takes into consideration such factors as similar security prices, yields, maturities, liquidity and ratings. Securities for which valuations are not readily available from an independent pricing service may be valued by brokers which use prices provided by market makers or estimates of market value obtained from yield data relating to investments or securities with similar characteristics.

Listed equity securities are usually valued at the last sales price or official closing price on the national securities exchange where the securities are principally traded.

Investments in open-end mutual funds are valued at net asset value. Securities for which market quotations are not readily available or not reflective of current market value are valued at fair value as determined by the investment advisor in good faith, according to procedures approved by the Board of Trustees.

When-issued and delayed delivery transactions

The Fund records when-issued or delayed delivery securities as of trade date and maintains security positions such that sufficient liquid assets will be available to make payment for the securities purchased. Securities purchased on a when-issued or delayed delivery basis are marked-to-market daily and begin earning interest on the settlement date. Losses may occur on these transactions due to changes in market conditions or the failure of counterparties to perform under the contract.

Securities lending

The Fund may lend its securities to certain qualified brokers in order to earn additional income. The Fund receives compensation in the form of fees or interest earned on the investment of any cash collateral received. The Fund also continues to receive interest and dividends on the securities loaned. The Fund receives collateral in the form of cash or securities with a market value at least equal to the market value of the securities on loan, including accrued interest. In the event of default or bankruptcy by the borrower, the Fund could experience delays and costs in recovering the loaned securities or in gaining access to the collateral. The Fund has the right under the lending agreement to recover the securities from the borrower on demand.

12

EVERGREEN CORE BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

Credit default swaps

The Fund may enter into credit default swaps. Credit default swaps involve an exchange of a fixed rate premium for protection against the loss in value of an underlying debt instrument in the event of default or bankruptcy. Under the terms of the swap, one party acts as a “guarantor” and receives a periodic stream of payments that is a fixed percentage applied to a notional principal amount over the term of the swap. In return, the counterparty agrees to purchase the notional amount of the underlying instrument, at par, if a credit event occurs during the term of the swap. Periodic payments are recorded as realized gains or losses. Any premiums paid or received on the transactions are recorded as an asset or liability on the Statement of Assets and Liabilities and amortized. The Fund may enter into credit default swaps as either the guarantor or the counterparty.

Swaps are marked-to-market daily based on quotations from market makers and any change in value is recorded as an unrealized gain or loss. Payments received or made as a result of a credit event or termination of the contract are recognized as realized gains or losses. The Fund could be exposed to risks if the counterparty defaults on its obligation to perform, or if there are unfavorable changes in the fluctuation of interest rates or in the price of the underlying security.

Total return swaps

The Fund may enter into total return swaps. Total return swaps involve commitments to pay interest in exchange for a market linked return, both based on notional amounts. To the extent the total return of the security or index underlying the transaction exceeds or falls short of the offsetting interest rate obligation, the Fund will receive a payment from, or make a payment to, the counterparty. The value of the swap agreements is marked-to-market daily based upon quotations from market makers and any change in value is recorded as an unrealized gain or loss. The Fund could be exposed to risks if the counterparty defaults on its obligation to perform, or if there are unfavorable changes in the fluctuation of interest rates or in the price of the underlying security.

13

EVERGREEN INTERNATIONAL BOND FUND SCHEDULE OF INVESTMENTS
January 31, 2008 (unaudited)
	Principal Amount		Value
CORPORATE BONDS 0.5%
FINANCIALS 0.5%
Consumer Finance 0.5%
Daimler Financial Services AG, 4.875%, 06/15/2010    (cost $5,440,462)	$	5,500,000	$	5,596,585
FOREIGN BONDS – CORPORATE (PRINCIPAL AMOUNT DENOMINATED IN CURRENCY INDICATED) 45.7%
CONSUMER DISCRETIONARY 0.4%
Media 0.4%
Central European Media Enterprise, Ltd., 8.25%, 05/15/2012 EUR		3,310,000		4,786,000
CONSUMER STAPLES 4.0%
Beverages 0.5%
Canandaigua Brands, Inc., 8.50%, 11/15/2009 GBP		2,925,000		5,743,220
Food & Staples Retailing 0.4%
Koninklijke Ahold NV, 5.875%, 03/14/2012 EUR		2,900,000		4,349,272
Household Products 1.4%
Procter & Gamble Co., 4.50%, 05/12/2014 EUR		11,450,000		16,874,930
Tobacco 1.7%
British American Tobacco plc, 5.75%, 12/09/2013 GBP		4,500,000		8,843,650
Gallaher Group plc, 4.50%, 04/02/2014 EUR		7,500,000		11,000,325
				19,843,975
ENERGY 1.6%
Oil, Gas & Consumable Fuels 1.6%
GAZPROM OAO:
5.36%, 10/31/2014 EUR		3,950,000		5,358,882
6.58%, 10/31/2013 GBP		1,350,000		2,575,691
Total Capital SA, 5.75%, 04/08/2011 AUD		6,000,000		5,142,553
Transco plc, 7.00%, 12/15/2008 AUD		6,500,000		5,800,485
				18,877,611
FINANCIALS 35.2%
Capital Markets 1.4%
Merrill Lynch & Co., Inc., 5.125%, 09/24/2010 GBP		4,500,000		8,610,691
Morgan Stanley, 5.375%, 11/14/2013 GBP		3,850,000		7,272,767
				15,883,458
Commercial Banks 18.9%
Bank Nederlandse Gemeenten:
3.75%, 12/16/2013 EUR		8,800,000		12,819,368
5.50%, 07/20/2012 AUD		10,000,000		8,364,218
Eurofima, 5.50%, 09/15/2009 AUD		12,895,000		11,269,602
European Investment Bank:
4.50%, 01/14/2013 GBP		3,558,000		6,990,356
5.625%, 10/15/2010 EUR		11,400,000		17,785,257
6.125%, 01/23/2017 AUD		8,000,000		6,850,636
6.25%, 04/15/2014 GBP		3,640,000		7,786,197
6.50%, 09/10/2014 NZD		12,200,000		9,030,559
6.75%, 11/17/2008 NZD		8,475,000		6,596,319
Kommunalbanken AS, 4.125%, 06/03/2013 CAD		8,000,000		7,892,009
Kreditanstalt für Wiederaufbau:
4.125%, 07/04/2017 EUR		7,400,000		10,918,045
4.95%, 10/14/2014 CAD		29,535,000		30,684,835
6.00%, 07/15/2009 NZD		15,250,000		11,645,395
6.00%, 09/15/2009 AUD		2,200,000		1,937,808
Landwirtschaftliche Rentenbank:
4.25%, 11/16/2012 CAD		30,490,000		30,680,287
5.75%, 01/21/2015 AUD		19,000,000		15,823,217
Rabobank Australia, Ltd., 6.25%, 11/22/2011 NZD		2,914,000		2,169,778
Rabobank Nederland, 4.25%, 01/16/2017 EUR		16,400,000		23,844,614
				223,088,500

1

EVERGREEN INTERNATIONAL BOND FUND SCHEDULE OF INVESTMENTS continued
January 31, 2008 (unaudited)
	Principal Amount		Value
FOREIGN BONDS – CORPORATE (PRINCIPAL AMOUNT DENOMINATED IN CURRENCY INDICATED) continued
FINANCIALS continued
Consumer Finance 1.4%
American Express Credit Corp., 5.625%, 08/18/2009 GBP		3,000,000	$	5,930,746
HSBC Finance Corp., 7.00%, 03/27/2012 GBP		2,440,000		4,948,116
SLM Corp., 6.50%, 06/15/2010 NZD		2,500,000		1,732,985
Virgin Media Finance plc, 8.75%, 04/15/2014 EUR ρ		3,160,000		4,080,880
				16,692,727
Diversified Financial Services 7.0%
GE Capital Australia Funding, 6.00%, 06/15/2011 AUD		3,000,000		2,524,257
General Electric Capital Corp.:
5.75%, 01/18/2011 AUD		12,000,000		10,344,317
6.125%, 05/17/2012 GBP		10,500,000		21,429,203
Instituto de Credito Oficial, 5.375%, 03/17/2010 GBP		21,660,000		43,439,728
Lighthouse Group plc, 8.00%, 04/30/2014 EUR		3,480,000		4,932,850
				82,670,355
Insurance 1.1%
AIG SunAmerica, Inc., 5.625%, 02/01/2012 GBP		6,000,000		11,725,489
Travelers Insurance Co., 6.00%, 04/07/2009 AUD		2,000,000		1,758,225
				13,483,714
Thrifts & Mortgage Finance 5.4%
Nykredit, 5.00%, 10/01/2035 DKK		64,653,118		12,661,549
Realkredit Danmark, 4.00%, 10/01/2035 DKK		167,735,503		30,267,546
Totalkredit, FRN, 5.36%, 01/01/2015 DKK		102,329,577		20,841,233
				63,770,328
INDUSTRIALS 1.0%
Aerospace & Defense 0.4%
Bombardier, Inc., 7.25%, 11/15/2016 EUR		3,260,000		4,635,041
Machinery 0.6%
Harsco Corp., 7.25%, 10/27/2010 GBP		2,500,000		5,192,323
Savcio Holdings, Ltd., 8.00%, 02/15/2013 EUR		1,800,000		2,255,192
				7,447,515
INFORMATION TECHNOLOGY 0.3%
Office Electronics 0.3%
Xerox Corp., 9.75%, 01/15/2009 EUR		2,293,000		3,547,915
MATERIALS 0.9%
Chemicals 0.2%
BOC Group, 5.875%, 04/29/2009 GBP		1,187,000		2,365,952
Containers & Packaging 0.4%
Owens-Brockway Glass Containers, Inc., 6.75%, 12/01/2014 EUR		1,500,000		2,032,457
Owens-Illinois European Group BV, 6.875%, 03/31/2017 EUR		1,500,000		1,919,976
				3,952,433
Metals & Mining 0.3%
Anglo American plc, 5.125%, 12/15/2010 GBP		2,000,000		3,930,765
TELECOMMUNICATION SERVICES 2.0%
Diversified Telecommunication Services 2.0%
France Telecom:
7.25%, 01/28/2013 EUR		6,600,000		10,820,066
7.50%, 03/14/2011 GBP		4,000,000		8,394,806
Nordic Telephone Co., 8.25%, 05/01/2016 EUR		3,220,000		4,532,747
				23,747,619
UTILITIES    0.3%
Multi-Utilities    0.3%
Centrica plc, 5.875%, 11/02/2012 GBP		2,100,000		4,185,553
Total Foreign Bonds – Corporate (Principal Amount Denominated in Currency Indicated) (cost $501,732,327)				539,876,883

2

EVERGREEN INTERNATIONAL BOND FUND SCHEDULE OF INVESTMENTS continued
January 31, 2008 (unaudited)
	Principal Amount		Value
FOREIGN BONDS – GOVERNMENT (PRINCIPAL AMOUNT DENOMINATED IN CURRENCY INDICATED) 46.9%
Australia, Ser. 17RG, 5.50%, 03/01/2017 AUD		50,200,000	$	41,589,661
Caisse d’Amortissement de la Dette Sociale, 4.125%, 04/25/2017 EUR		28,605,000		42,335,397
Canada, 4.40%, 03/08/2016 CAD		19,415,000		19,502,489
Denmark:
4.00%, 11/15/2017 DKK		135,580,000		26,762,427
7.00%, 11/10/2024 DKK		100,000,000		26,164,221
France, 4.25%, 04/25/2019 EUR		34,600,000		51,958,108
Germany, 3.75%, 01/04/2017 EUR		39,565,000		57,974,570
Hong Kong, 4.23%, 03/21/2011 HKD		237,300,000		32,712,706
Korea:
5.25%, 09/10/2015 KRW		11,400,000,000		12,138,627
Ser. 2703, 5.25%, 03/10/2027 KRW		19,610,000,000		20,760,693
Mexico, 10.00%, 12/05/2024 MXN		310,230,000		34,814,472
New Zealand, 6.00%, 07/15/2008 NZD ρ		21,085,000		16,492,589
Norway:
4.25%, 05/19/2017 NOK ρ		258,320,000		47,305,245
5.00%, 05/15/2015 NOK		54,050,000		10,431,533
Sweden:
5.25%, 03/15/2011 SEK		325,750,000		53,448,137
5.50%, 10/08/2012 SEK ρ		360,000,000		60,754,026
Total Foreign Bonds – Government (Principal Amount Denominated in Currency Indicated) (cost $512,968,558)				555,144,901
YANKEE OBLIGATIONS – CORPORATE 1.1%
FINANCIALS 0.8%
Commercial Banks 0.7%
Bank of Moscow, 7.34%, 05/13/2013 ρ	$	7,600,000		7,533,880
Consumer Finance 0.1%
Virgin Media Finance plc, 9.125%, 08/15/2016		1,735,000		1,578,850
TELECOMMUNICATION SERVICES 0.3%
Wireless Telecommunication Services 0.3%
Vimpel Communications, 8.25%, 05/23/2016		4,270,000		4,264,449
Total Yankee Obligations – Corporate (cost $14,251,989)				13,377,179

	Shares		Value
SHORT-TERM INVESTMENTS 7.3%
MUTUAL FUND SHARES 7.3%
Navigator Prime Portfolio, 3.92% § ρρ		77,373,561		77,373,561
Evergreen Institutional Money Market Fund, Class I, 4.31% q ø		8,554,921		8,554,921
Total Short-Term Investments (cost $85,928,482)				85,928,482
Total Investments (cost $1,120,321,818) 101.5%				1,199,924,030
Other Assets and Liabilities (1.5%)				(17,961,280	)
Net Assets 100.0%			$	1,181,962,750

ρ All or a portion of this security is on loan.

§ Rate shown is the 1-day annualized yield at period end.

ρρ All or a portion of this security represents investment of cash collateral received from securities on loan.

q Rate shown is the 7-day annualized yield at period end.

ø Evergreen Investment Management Company, LLC is the investment advisor to both the Fund and the money market fund.

3

EVERGREEN INTERNATIONAL BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

Summary of Abbreviations

AUD	Australian Dollar
CAD	Canadian Dollar
DKK	Danish Krone
EUR	Euro
FRN	Floating Rate Note
GBP	Great British Pound
HKD	Hong Kong Dollar
KRW	Republic of Korea Won
MXN	Mexican Peso
NOK	Norwegian Krone
NZD	New Zealand Dollar
SEK	Swedish Krona

The following table shows the percent of total long-term investments by geographic location as of January 31, 2008:

Germany	14.2%
Denmark	10.8%
France	10.7%
Sweden	10.3%
Luxembourg	7.0%
Australia	6.9%
United States	6.0%
Norway	5.9%
Netherlands	4.2%
Canada	4.1%
Spain	3.9%
United Kingdom	3.8%
Mexico	3.1%
South Korea	3.0%
Hong Kong	2.9%
New Zealand	1.5%
Cayman Islands	1.1%
Bermuda	0.4%
South Africa	0.2%
	100.0%

At January 31, 2008, the Fund had forward foreign currency exchange contracts outstanding as follows:

Forward Foreign Currency Exchange Contracts to Buy:

Exchange Date	Contracts to Receive	U.S. Value at January 31, 2008		In Exchange for	U.S. Value at January 31, 2008			Unrealized Gain (Loss)
02/13/2008	3,071,582,840 JPY	$	28,870,745	30,820,000 AUD		$	27,612,267	$	1,258,478
02/13/2008	6,779,077,500 JPY		63,718,619	69,000,000 AUD			61,818,507		1,900,112
02/19/2008	5,712,267,200 JPY		53,714,449	69,560,000 NZD			54,654,782		(940,333	)
03/14/2008	4,234,300,000 JPY		39,879,979	18,650,018 GBP			36,985,960		2,894,019
03/14/2008	3,670,977,000 JPY		34,574,425	256,550,213 HKD			32,943,124		1,631,301
04/15/2008	37,982,204 EUR		56,266,554	28,770,000 GBP			56,934,292		(667,738	)
04/15/2008	11,136,480,000 JPY		105,095,040	69,767,389 EUR			103,352,892		1,742,148
04/15/2008	6,855,780,000 JPY		64,698,044	32,541,972 GBP			64,398,824		299,220
04/22/2008	6,270,986,000 JPY		59,204,813	60,507,391 CAD			60,216,257		(1,011,444	)

Exchange Date	Contracts to Receive	U.S. Value at January 31, 2008	In Exchange for for U.S.$	Unrealized Loss
03/18/2008	15,685,734 EUR	$  23,260,126	$  23,309,000	$      48,874

Forward Foreign Currency Exchange Contracts to Sell:

Exchange Date	Contracts to Receive	U.S. Value at January 31, 2008	In Exchange for for U.S.$	Unrealized Loss
03/18/2008	38,925,302 EUR	$  57,721,715	$  56,300,000	$ 1,421,715

On January 31, 2008, the aggregate cost of securities for federal income tax purposes was $1,120,450,774. The gross unrealized appreciation and depreciation on securities based on tax cost was $81,104,131 and $1,630,875, respectively, with a net unrealized appreciation of $79,473,256.

4

EVERGREEN INTERNATIONAL BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

Valuation of investments

Portfolio debt securities acquired with more than 60 days to maturity are fair valued using matrix pricing methods determined by an independent pricing service which takes into consideration such factors as similar security prices, yields, maturities, liquidity and ratings. Securities for which valuations are not readily available from an independent pricing service may be valued by brokers which use prices provided by market makers or estimates of market value obtained from yield data relating to investments or securities with similar characteristics.

Short-term securities with remaining maturities of 60 days or less at the time of purchase are valued at amortized cost, which approximates market value.

Investments in open-end mutual funds are valued at net asset value. Securities for which market quotations are not readily available or not reflective of current market value are valued at fair value as determined by the investment advisor in good faith, according to procedures approved by the Board of Trustees.

Foreign currency translation

All assets and liabilities denominated in foreign currencies are translated into U.S. dollar amounts at the date of valuation. Purchases and sales of portfolio securities and income items denominated in foreign currencies are translated into U.S. dollar amounts on the respective dates of such transactions. The Fund does not separately account for that portion of the results of operations resulting from changes in foreign exchange rates on investments and the fluctuations arising from changes in market prices of securities held. Such fluctuations are included with the net realized and unrealized gains or losses on investments.

Forward foreign currency contracts

A forward foreign currency contract is an agreement between two parties to purchase or sell a specific currency for an agreed-upon price at a future date. The Fund enters into forward foreign currency contracts to facilitate transactions in foreign-denominated securities and to attempt to minimize the risk to the Fund from adverse changes in the relationship between currencies. Forward foreign currency contracts are recorded at the forward rate and marked-to-market daily. When the contracts are closed, realized gains and losses arising from such transactions are recorded as realized gains or losses on foreign currency related transactions. The Fund could be exposed to risks if the counterparties to the contracts are unable to meet the terms of their contracts or if the value of the foreign currency changes unfavorably.

Securities lending

The Fund may lend its securities to certain qualified brokers in order to earn additional income. The Fund receives compensation in the form of fees or interest earned on the investment of any cash collateral received. The Fund also continues to receive interest and dividends on the securities loaned. The Fund receives collateral in the form of cash or securities with a market value at least equal to the market value of the securities on loan, including accrued interest. In the event of default or bankruptcy by the borrower, the Fund could experience delays and costs in recovering the loaned securities or in gaining access to the collateral. The Fund has the right under the lending agreement to recover the securities from the borrower on demand.

5

EVERGREEN SELECT HIGH YIELD BOND FUND SCHEDULE OF INVESTMENTS
January 31, 2008 (unaudited)
		Principal Amount		Value
CORPORATE BONDS 86.5%
CONSUMER DISCRETIONARY 17.7%
Auto Components 1.8%
Cooper Tire & Rubber Co., 7.625%, 03/15/2027	$	815,000	$	700,900
Goodyear Tire & Rubber Co.:
9.00%, 07/01/2015 ρ		920,000		966,000
11.25%, 03/01/2011		595,000		630,700
				2,297,600
Automobiles 0.2%
Ford Motor Co., 7.875%, 06/15/2010		290,000		273,142
Diversified Consumer Services 0.1%
Service Corporation International, 6.75%, 04/01/2015		105,000		104,475
Hotels, Restaurants & Leisure 4.4%
Caesars Entertainment, Inc.:
7.875%, 03/15/2010 ρ		495,000		468,394
8.125%, 05/15/2011		145,000		127,056
Inn of the Mountain Gods Resort & Casino, 12.00%, 11/15/2010		1,235,000		1,235,000
Isle of Capri Casinos, Inc., 7.00%, 03/01/2014		2,200,000		1,705,000
Pokagon Gaming Authority, 10.375%, 06/15/2014 144A ρ		735,000		763,481
Seneca Gaming Corp., 7.25%, 05/01/2012		285,000		277,875
Shingle Springs Tribal Gaming Authority, 9.375%, 06/15/2015 144A ρ		770,000		696,850
Universal City Development Partners, Ltd., 11.75%, 04/01/2010		380,000		392,350
				5,666,006
Household Durables 2.6%
Centex Corp., 4.875%, 08/15/2008		375,000		366,609
D.R. Horton, Inc., 5.00%, 01/15/2009		530,000		512,775
Hovnanian Enterprises, Inc.:
6.00%, 01/15/2010 ρ		145,000		81,925
6.50%, 01/15/2014		95,000		65,550
KB Home:
7.75%, 02/01/2010		280,000		271,600
8.625%, 12/15/2008		135,000		135,000
Libbey, Inc., FRN, 11.91%, 06/01/2011		580,000		588,700
Meritage Homes Corp., 6.25%, 03/15/2015 ρ		165,000		116,325
Pulte Homes, Inc.:
4.875%, 07/15/2009		790,000		752,475
7.875%, 08/01/2011		45,000		43,763
Standard Pacific Corp., 5.125%, 04/01/2009 ρ		70,000		56,000
Toll Brothers, Inc., 8.25%, 02/01/2011		305,000		294,706
				3,285,428
Media 5.0%
Cablevision Systems Corp., Ser. B, 8.00%, 04/15/2012		800,000		770,000
CSC Holdings, Inc., 7.625%, 04/01/2011		875,000		870,625
Dex Media West, LLC, 8.50%, 08/15/2010		1,330,000		1,351,612
Idearc, Inc., 8.00%, 11/15/2016		510,000		459,000
Lamar Media Corp., 6.625%, 08/15/2015 ρ		1,120,000		1,066,800
Mediacom Broadband, LLC, 8.50%, 10/15/2015 ρ		110,000		90,750
Mediacom Communications Corp.:
7.875%, 02/15/2011		75,000		67,313
9.50%, 01/15/2013		635,000		569,913
R.H. Donnelley Corp., Ser. A-4, 8.875%, 10/15/2017 144A		1,265,000		1,078,412
Sinclair Broadcast Group, Inc., 8.00%, 03/15/2012 ρ		145,000		147,175
				6,471,600
Multi-line Retail 0.5%
Neiman Marcus Group, Inc., 9.00%, 10/15/2015		675,000		678,375

1

EVERGREEN SELECT HIGH YIELD BOND FUND SCHEDULE OF INVESTMENTS continued
January 31, 2008 (unaudited)
		Principal Amount		Value
CORPORATE BONDS continued
CONSUMER DISCRETIONARY continued
Specialty Retail 0.8%
Home Depot, Inc., 5.875%, 12/16/2036	$	195,000	$	163,241
Payless ShoeSource, Inc., 8.25%, 08/01/2013		895,000		827,875
				991,116
Textiles, Apparel & Luxury Goods 2.3%
Norcross Safety Products, LLC, Ser. B, 9.875%, 08/15/2011		455,000		469,788
Oxford Industries, Inc., 8.875%, 06/01/2011		1,280,000		1,257,600
Warnaco Group, Inc., 8.875%, 06/15/2013		1,135,000		1,160,537
				2,887,925
CONSUMER STAPLES 3.6%
Beverages 0.2%
Constellation Brands, Inc., 8.375%, 12/15/2014 ρ		280,000		289,800
Food & Staples Retailing 1.1%
Ingles Markets, Inc., 8.875%, 12/01/2011		525,000		534,187
Rite Aid Corp., 8.125%, 05/01/2010 ρ		905,000		876,719
				1,410,906
Food Products 1.4%
Dean Foods Co., 6.625%, 05/15/2009		55,000		54,588
Del Monte Foods Co.:
6.75%, 02/15/2015 ρ		60,000		56,100
8.625%, 12/15/2012		1,098,000		1,114,470
Pilgrim’s Pride Corp.:
7.625%, 05/01/2015 ρ		40,000		38,100
8.375%, 05/01/2017 ρ		555,000		487,012
				1,750,270
Household Products 0.4%
Church & Dwight Co., 6.00%, 12/15/2012		500,000		490,000
Personal Products 0.5%
Central Garden & Pet Co., 9.125%, 02/01/2013		825,000		660,000
ENERGY 13.9%
Energy Equipment & Services 2.8%
Bristow Group, Inc., 6.125%, 06/15/2013		400,000		387,000
Dresser-Rand Group, Inc., 7.375%, 11/01/2014		535,000		526,975
GulfMark Offshore, Inc., 7.75%, 07/15/2014		265,000		270,300
Helix Energy Solutions, Inc., 9.50%, 01/15/2016 144A ρ		100,000		102,000
Hornbeck Offshore Services, Inc., Ser. B, 6.125%, 12/01/2014		1,385,000		1,294,975
Parker Drilling Co., 9.625%, 10/01/2013		4,000		4,240
PHI, Inc., 7.125%, 04/15/2013		1,000,000		956,250
				3,541,740
Oil, Gas & Consumable Fuels 11.1%
Chesapeake Energy Corp., 6.875%, 01/15/2016		1,390,000		1,383,050
Clayton Williams Energy, Inc., 7.75%, 08/01/2013		245,000		211,925
El Paso Corp., 7.00%, 06/15/2017		240,000		244,688
Encore Acquisition Co.:
6.00%, 07/15/2015		520,000		471,900
6.25%, 04/15/2014 ρ		200,000		187,000
Exco Resources, Inc., 7.25%, 01/15/2011		890,000		854,400
Forest Oil Corp., 7.75%, 05/01/2014 ρ		1,285,000		1,310,700
Frontier Oil Corp., 6.625%, 10/01/2011		385,000		381,150

2

EVERGREEN SELECT HIGH YIELD BOND FUND SCHEDULE OF INVESTMENTS continued
January 31, 2008 (unaudited)
		Principal Amount		Value
CORPORATE BONDS continued
ENERGY continued
Oil, Gas & Consumable Fuels continued
Griffin Coal Mining Co., Ltd.:
9.50%, 12/01/2016 144A	$	1,785,000	$	1,477,087
9.50%, 12/01/2016		385,000		301,263
Mariner Energy, Inc., 8.00%, 05/15/2017		170,000		163,200
Overseas Shipholding Group, Inc., 8.25%, 03/15/2013		935,000		958,375
Peabody Energy Corp.:
5.875%, 04/15/2016		350,000		329,000
6.875%, 03/15/2013 ρ		1,050,000		1,047,375
Plains Exploration & Production Co., 7.75%, 06/15/2015		320,000		322,000
Sabine Pass LNG, LP:
7.25%, 11/30/2013		1,250,000		1,187,500
7.50%, 11/30/2016		70,000		65,975
Southwestern Energy Co., 7.50%, 02/01/2018 144A		280,000		289,100
Targa Resources, Inc., 8.50%, 11/01/2013		395,000		374,263
Tesoro Corp., 6.625%, 11/01/2015 ρ		890,000		869,975
Williams Cos., 7.125%, 09/01/2011		900,000		963,000
Williams Partners, LP, 7.25%, 02/01/2017		790,000		821,600
				14,214,526
FINANCIALS 13.5%
Consumer Finance 7.6%
Ford Motor Credit Co., LLC:
5.70%, 01/15/2010		1,275,000		1,166,961
7.375%, 10/28/2009		2,540,000		2,447,021
9.75%, 09/15/2010		200,000		193,285
General Motors Acceptance Corp., LLC:
5.625%, 05/15/2009 ρ		430,000		416,365
6.875%, 09/15/2011		2,075,000		1,815,511
6.875%, 08/28/2012		740,000		628,882
7.25%, 03/02/2011		135,000		122,049
7.75%, 01/19/2010		455,000		435,455
8.00%, 11/01/2031		1,170,000		971,934
FRN:
6.03%, 09/23/2008		330,000		320,999
6.12%, 05/15/2009		735,000		686,436
Qwest Capital Funding, Inc., 6.50%, 11/15/2018		220,000		185,900
Sprint Capital Corp., 6.875%, 11/15/2028		440,000		370,088
				9,760,886
Diversified Financial Services 1.0%
Leucadia National Corp.:
7.125%, 03/15/2017		65,000		61,588
8.125%, 09/15/2015		1,275,000		1,275,000
				1,336,588
Real Estate Investment Trusts 3.1%
Host Marriott Corp.:
7.125%, 11/01/2013 ρ		680,000		676,600
Ser. Q, 6.75%, 06/01/2016		920,000		890,100
Omega Healthcare Investors, Inc., 7.00%, 04/01/2014		1,555,000		1,547,225
Thornburg Mortgage, Inc., 8.00%, 05/15/2013		145,000		122,887
Ventas, Inc., 7.125%, 06/01/2015		645,000		670,800
				3,907,612
Thrifts & Mortgage Finance 1.8%
Residential Capital, LLC:
7.625%, 11/21/2008		585,000		453,375
7.875%, 06/30/2010		2,665,000		1,745,575
FRN, 5.65%, 06/09/2008		90,000		77,400
				2,276,350

3

EVERGREEN SELECT HIGH YIELD BOND FUND SCHEDULE OF INVESTMENTS continued
January 31, 2008 (unaudited)
		Principal Amount		Value
CORPORATE BONDS continued
HEALTH CARE 3.6%
Health Care Providers & Services 3.6%
HCA, Inc., 9.25%, 11/15/2016	$	2,350,000	$	2,470,437
Omnicare, Inc.:
6.125%, 06/01/2013		1,285,000		1,162,925
6.875%, 12/15/2015		1,080,000		977,400
				4,610,762
INDUSTRIALS 8.9%
Aerospace & Defense 4.8%
Alliant Techsystems, Inc., 6.75%, 04/01/2016 ρ		175,000		169,750
DRS Technologies, Inc.:
6.625%, 02/01/2016		340,000		334,050
7.625%, 02/01/2018 ρ		120,000		119,100
Hexcel Corp., 6.75%, 02/01/2015		485,000		470,450
L-3 Communications Holdings, Inc.:
5.875%, 01/15/2015		3,000,000		2,932,500
6.375%, 10/15/2015		2,160,000		2,154,600
				6,180,450
Commercial Services & Supplies 1.5%
Browning-Ferris Industries, Inc.:
7.40%, 09/15/2035		770,000		712,250
9.25%, 05/01/2021		575,000		606,625
Corrections Corporation of America, 6.25%, 03/15/2013		55,000		55,000
Geo Group, Inc., 8.25%, 07/15/2013		380,000		384,750
Mobile Mini, Inc., 6.875%, 05/01/2015		245,000		214,375
				1,973,000
Machinery 1.0%
Commercial Vehicle Group, Inc., 8.00%, 07/01/2013		1,430,000		1,217,288
Road & Rail 1.4%
Avis Budget Car Rental, LLC, 7.625%, 05/15/2014		825,000		763,125
Hertz Global Holdings, Inc.:
8.875%, 01/01/2014		375,000		363,750
10.50%, 01/01/2016		10,000		9,662
Kansas City Southern:
7.50%, 06/15/2009		260,000		262,925
9.50%, 10/01/2008		385,000		394,144
				1,793,606
Trading Companies & Distributors 0.2%
United Rentals, Inc., 6.50%, 02/15/2012		270,000		249,750
INFORMATION TECHNOLOGY 3.5%
Electronic Equipment & Instruments 1.8%
Da-Lite Screen Co., Inc., 9.50%, 05/15/2011		645,000		601,462
Jabil Circuit, Inc., 8.25%, 03/15/2018 144A		1,120,000		1,088,752
Sanmina-SCI Corp.:
6.75%, 03/01/2013 ρ		125,000		108,750
8.125%, 03/01/2016 ρ		205,000		179,888
FRN, 7.74%, 06/15/2010 144A		275,000		275,000
				2,253,852
IT Services 1.2%
First Data Corp., 9.875%, 09/24/2015 144A ρ		950,000		841,938
SunGard Data Systems, Inc., 4.875%, 01/15/2014 ρ		640,000		555,200
Unisys Corp., 6.875%, 03/15/2010		195,000		184,275
				1,581,413

4

EVERGREEN SELECT HIGH YIELD BOND FUND SCHEDULE OF INVESTMENTS continued
January 31, 2008 (unaudited)
		Principal Amount		Value
CORPORATE BONDS continued
INFORMATION TECHNOLOGY continued
Semiconductors & Semiconductor Equipment 0.5%
Freescale Semiconductor, Inc.:
8.875%, 12/15/2014	$	505,000	$	412,837
9.125%, 12/15/2014		205,000		152,981
Spansion, Inc., FRN, 8.25%, 06/01/2013 144A		105,000		80,588
				646,406
MATERIALS 10.4%
Chemicals 4.4%
ARCO Chemical Co.:
9.80%, 02/01/2020		340,000		311,100
10.25%, 11/01/2010		50,000		51,750
Huntsman, LLC, 11.625%, 10/15/2010		600,000		631,500
Koppers Holdings, Inc.:
9.875%, 10/15/2013		70,000		74,900
Sr. Disc. Note, Step Bond, 0.00%, 11/15/2014 †		705,000		599,250
Millenium America, Inc., 7.625%, 11/15/2026		635,000		454,025
Momentive Performance Materials, Inc., 9.75%, 12/01/2014 ρ		1,015,000		923,650
Mosaic Co.:
7.30%, 01/15/2028		400,000		402,000
7.625%, 12/01/2016 144A		675,000		732,375
Tronox Worldwide, LLC, 9.50%, 12/01/2012		1,635,000		1,545,075
				5,725,625
Construction Materials 0.7%
CPG International, Inc., 10.50%, 07/01/2013		990,000		886,050
Containers & Packaging 2.4%
BPC Holding Corp., 8.875%, 09/15/2014 ρ		343,000		306,128
Exopack Holding Corp., 11.25%, 02/01/2014		915,000		862,387
Graphic Packaging International, Inc.:
8.50%, 08/15/2011 ρ		735,000		716,625
9.50%, 08/15/2013		150,000		142,125
Smurfit-Stone Container Corp., 8.375%, 07/01/2012		1,045,000		1,016,262
				3,043,527
Metals & Mining 1.1%
Freeport-McMoRan Copper & Gold, Inc.:
6.875%, 02/01/2014		520,000		530,400
8.375%, 04/01/2017		830,000		883,950
				1,414,350
Paper & Forest Products 1.8%
Georgia Pacific Corp., 8.875%, 05/15/2031		700,000		661,500
Glatfelter, 7.125%, 05/01/2016		475,000		471,438
Newpage Corp., 10.00%, 05/01/2012 144A		480,000		480,000
Verso Paper Holdings, LLC, 9.125%, 08/01/2014 ρ		720,000		702,000
				2,314,938
TELECOMMUNICATION SERVICES 3.6%
Diversified Telecommunication Services 2.6%
Citizens Communications Co., 7.875%, 01/15/2027		695,000		639,400
Consolidated Communications, Inc., 9.75%, 04/01/2012		490,000		499,800
Qwest Corp.:
6.50%, 06/01/2017 144A		795,000		751,275
7.875%, 09/01/2011 144A		915,000		948,169
8.875%, 03/15/2012 144A		420,000		445,725
				3,284,369

5

EVERGREEN SELECT HIGH YIELD BOND FUND SCHEDULE OF INVESTMENTS continued
January 31, 2008 (unaudited)
		Principal Amount		Value
CORPORATE BONDS continued
TELECOMMUNICATION SERVICES continued
Wireless Telecommunication Services 1.0%
Rural Cellular Corp., 8.25%, 03/15/2012	$	555,000	$	574,425
Sprint Nextel Corp.:
Ser. D, 7.375%, 08/01/2015		575,000		526,392
Ser. F, 5.95%, 03/15/2014		270,000		238,485
				1,339,302
UTILITIES 7.8%
Electric Utilities 7.6%
Allegheny Energy Supply Co., 8.25%, 04/15/2012 144A		1,145,000		1,230,875
Aquila, Inc., 11.875%, 07/01/2012		1,685,000		2,110,462
CMS Energy Corp.:
6.55%, 07/17/2017 ρ		65,000		64,043
8.50%, 04/15/2011		165,000		178,340
Edison Mission Energy:
7.00%, 05/15/2017		60,000		58,650
7.20%, 05/15/2019		455,000		445,900
Mirant Americas Generation, LLC, 8.50%, 10/01/2021		135,000		119,813
Mirant Mid-Atlantic, LLC, Ser. C, 10.06%, 12/30/2028		135,000		156,600
Mirant North America, LLC, 7.375%, 12/31/2013		1,475,000		1,482,375
NRG Energy, Inc., 7.375%, 02/01/2016		1,225,000		1,186,719
Orion Power Holdings, Inc., 12.00%, 05/01/2010		954,000		1,042,245
Reliant Energy, Inc.:
6.75%, 12/15/2014		1,645,000		1,667,619
7.875%, 06/15/2017 ρ		25,000		24,500
				9,768,141
Independent Power Producers & Energy Traders 0.2%
AES Corp., 8.00%, 10/15/2017		30,000		30,750
Dynegy Holdings, Inc., 7.50%, 06/01/2015		265,000		248,437
				279,187
Total Corporate Bonds (cost $115,044,591)				110,856,361
YANKEE OBLIGATIONS – CORPORATE 8.6%
ENERGY 1.5%
Oil, Gas & Consumable Fuels 1.5%
Connacher Oil & Gas, Ltd., 10.25%, 12/15/2015 144A		330,000		328,350
OPTI Canada, Inc., 7.875%, 12/15/2014 144A ρ		1,550,000		1,511,250
				1,839,600
FINANCIALS 1.4%
Consumer Finance 0.9%
Avago Technologies Finance, Ltd., 10.125%, 12/01/2013		150,000		156,750
NXP Funding, LLC, 7.875%, 10/15/2014 ρ		45,000		41,456
Petroplus Finance, Ltd., 6.75%, 05/01/2014 144A ρ		215,000		197,800
Virgin Media Finance plc, 9.125%, 08/15/2016 ρ		760,000		691,600
				1,087,606
Diversified Financial Services 0.5%
Ship Finance International, Ltd., 8.50%, 12/15/2013		680,000		685,100
INDUSTRIALS 1.4%
Road & Rail 1.4%
Kansas City Southern de Mexico:
7.375%, 06/01/2014 144A		860,000		819,150
9.375%, 05/01/2012 144A		953,000		986,355
				1,805,505

6

EVERGREEN SELECT HIGH YIELD BOND FUND SCHEDULE OF INVESTMENTS continued
January 31, 2008 (unaudited)
		Principal Amount		Value
YANKEE OBLIGATIONS – CORPORATE continued
INFORMATION TECHNOLOGY 1.2%
Communications Equipment 1.0%
Nortel Networks Corp., 10.125%, 07/15/2013 144A	$	1,290,000	$	1,293,225
Semiconductors & Semiconductor Equipment 0.2%
Sensata Technologies, Inc., 8.00%, 05/01/2014 ρ		320,000		289,600
MATERIALS 2.5%
Metals & Mining 2.2%
Novelis, Inc., 7.25%, 02/15/2015		2,955,000		2,740,762
Paper & Forest Products 0.3%
Corporacion Durango SAB de CV, 10.50%, 10/05/2017 144A ρ		510,000		419,475
TELECOMMUNICATION SERVICES 0.6%
Wireless Telecommunication Services 0.6%
Inmarsat Finance II plc, Sr. Disc. Note, Step Bond, 0.00%, 11/15/2012 †		420,000		411,600
Intelsat, Ltd., 9.25%, 06/15/2016		365,000		365,913
Total Yankee Obligations – Corporate (cost $11,570,804)				10,938,386
		Shares		Value
PREFERRED STOCKS 1.0%
FINANCIALS 1.0%
Thrifts & Mortgage Finance 1.0%
Fannie Mae, Ser. S, 8.25%		39,720		1,049,402
Freddie Mac, Ser. Z, 8.375%		9,130		245,141
Total Preferred Stocks (cost $1,224,228)				1,294,543
		Principal Amount		Value
LOANS 3.2%
CONSUMER DISCRETIONARY 0.0%
Claire’s Stores, Inc., FRN, 7.72%, 05/29/2014	$	49,875		39,887
ENERGY 1.1%
Blue Grass Energy Corp., FRN, 10.50%, 12/30/2013		1,460,000		1,414,433
INDUSTRIALS 1.0%
Clarke American Corp., FRN, 7.32%, 02/28/2014 <		955,000		759,674
Neff Corp., FRN:
8.44%, 06/01/2008 <		190,000		140,451
9.19%, 11/30/2014 <		435,000		321,561
9.20%, 11/30/2014 <		50,000		36,961
				1,258,647
INFORMATION TECHNOLOGY 0.5%
Flextonics International, Ltd., FRN, 7.47%, 10/01/2014 <		609,925		582,070
MATERIALS 0.6%
Wimar Co., 7.49%, 01/03/2012		840,000		828,719
Total Loans (cost $4,281,880)				4,123,756
SHORT-TERM INVESTMENTS 11.5%
MUTUAL FUND SHARES 11.5%
Evergreen Institutional Money Market Fund, Class I, 4.31% q ø ρρ    (cost $14,701,865)		14,701,865		14,701,865
Total Investments (cost $146,823,368) 110.8%				141,914,911
Other Assets and Liabilities (10.8%)				(13,811,436	)
Net Assets 100.0%			$	128,103,475

7

EVERGREEN SELECT HIGH YIELD BOND FUND
SCHEDULE OF INVESTMENTS continued

January 31, 2008 (unaudited)

ρ	All or a portion of this security is on loan.
144A	Security that may be sold to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended. This security has been determined to be liquid under guidelines established by the Board of Trustees, unless otherwise noted.
†	Security initially issued in zero coupon form which converts to coupon form at a specified rate and date. An effective interest rate is applied to recognize interest income daily for the bond. This rate is based on total expected interest to be earned over the life of the bond which consists of the aggregate coupon-interest payments and discount at acquisition. The rate shown is the stated rate at the current period end.
q	Rate shown is the 7-day annualized yield at period end.
ø	Evergreen Investment Management Company, LLC is the investment advisor to both the Fund and the money market fund.
ρρ	All or a portion of this security represents investment of cash collateral received from securities on loan.
<	All or a portion of the position represents an unfunded loan commitment.

Summary of Abbreviations

FRN Floating Rate Note

On January 31, 2008, the aggregate cost of securities for federal income tax purposes was $146,878,632. The gross unrealized appreciation and depreciation on securities based on tax cost was $571,063 and $5,534,784, respectively, with a net unrealized depreciation of $4,963,721.

At January 31, 2008, the Fund had the following open credit default swap contracts outstanding:

Expiration	Counterparty	Reference Index	Notional Amount	Fixed Payments Received	Frequency of Payments Received	Unrealized Gain/Loss
12/12/2012	Lehman Brothers Holdings, Inc.	CMBX North America Index	$1,065,000	3.75%	Quarterly	$44,958
12/13/2049	Morgan Stanley	CMBX North America Index	250,000	0.27%	Quarterly	(31,581)

Expiration	Counterparty	Reference Index	Notional Amount	Fixed Payments Made	Frequency of Payments Made	Unrealized Loss
12/12/2012	Lehman Brothers Holdings, Inc.	CMBX North America Index	$1,065,000	3.75%	Quarterly	$ 44,754

Valuation of investments

Portfolio debt securities acquired with more than 60 days to maturity are fair valued using matrix pricing methods determined by an independent pricing service which takes into consideration such factors as similar security prices, yields, maturities, liquidity and ratings. Securities for which valuations are not readily available from an independent pricing service may be valued by brokers which use prices provided by market makers or estimates of market value obtained from yield data relating to investments or securities with similar characteristics.

Listed equity securities are usually valued at the last sales price or official closing price on the national securities exchange where the securities are principally traded.

Investments in open-end mutual funds are valued at net asset value. Securities for which market quotations are not readily available or not reflective of current market value are valued at fair value as determined by the investment advisor in good faith, according to procedures approved by the Board of Trustees.

When-issued and delayed delivery transactions

The Fund records when-issued or delayed delivery securities as of trade date and maintains security positions such that sufficient liquid assets will be available to make payment for the securities purchased. Securities purchased on a when-issued or delayed delivery basis are marked-to-market daily and begin earning interest on the settlement date. Losses may occur on these transactions due to changes in market conditions or the failure of counterparties to perform under the contract.

Loans

The Fund may purchase loans through an agent, by assignment from another holder of the loan or as a participation interest in another holder’s portion of the loan. Loans are purchased on a when-issued or delayed delivery basis. Interest income is accrued based on the terms of the securities. Fees earned on loan purchasing activities are recorded as income when earned. Loans involve interest rate risk, liquidity risk and credit risk, including the potential default or insolvency of the borrower.

As of January 31, 2008 , the Fund had unfunded loan commitments of $642,475.

Securities lending

The Fund may lend its securities to certain qualified brokers in order to earn additional income. The Fund receives compensation in the form of fees or interest earned on the investment of any cash collateral received. The Fund also continues to receive interest and dividends on the securities loaned. The Fund receives collateral in the form of cash or securities with a market value at least equal to the market value of the securities on loan, including accrued interest. In the event of default or bankruptcy by the borrower, the Fund could experience delays and costs in recovering the loaned securities or in gaining access to the collateral. The Fund has the right under the lending agreement to recover the securities from the borrower on demand.

Credit default swaps

The Fund may enter into credit default swaps. Credit default swaps involve an exchange of a fixed rate premium for protection against the loss in value of an underlying debt instrument in the event of default or bankruptcy. Under the terms of the swap, one party acts as a “guarantor” and receives a periodic stream of payments that is a fixed percentage applied to a notional principal amount over the term of the swap. In return, the counterparty agrees to purchase the notional amount of the underlying instrument, at par, if a credit event occurs during the term of the swap. Periodic payments are recorded as realized gains or losses. Any premiums paid or received on the transactions are recorded as an asset or liability on the Statement of Assets and Liabilities and amortized. The Fund may enter into credit default swaps as either the guarantor or the counterparty.

8

Item 2 - Controls and Procedures

(a)     The registrant's principal executive officer and principal financial officer have evaluated the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) within 90 days of this filing and have concluded that the registrant's disclosure controls and procedures were effective, as of that date, in ensuring that information required to be disclosed by the registrant in this Form N-Q was recorded, processed, summarized, and reported timely.

(b)    There has been no change in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonable likely to materially affect, the registrant’s internal control over financial reporting.

Item 3 - Exhibits

File the exhibits listed below as part of this Form. Letter or number the exhibits in the sequence indicated.
 

(a)   Separate certifications for the registrant's principal executive officer and principal financial officer, as required by Rule 30a-2(a) under the Investment Company Act of 1940, are attached as EX-99.CERT.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
Evergreen Select Fixed Income Trust

By: ______________________________
        Dennis H. Ferro,
        Principal Executive Officer

Date: March 30, 2008

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. 
 
By: ______________________________
        Dennis H. Ferro,
        Principal Executive Officer
 
Date: March 30, 2008
 
By: ______________________________
        Kasey Phillips

        Principal Financial Officer
 

Date: March 30, 2008

EX-99.CERT

200 Berkeley St.

Boston, MA 02116-5034    

CERTIFICATIONS

I, Kasey Phillips, certify that:
 

1. I have reviewed this report on Form N-Q of Evergreen Select Fixed Income Trust;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedule(s) of investments included in this report, fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which this report is filed;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a)      Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)      Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)      Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d)      Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5. The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a)      All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

(b)      Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: March 30, 2008

____________________________________

Kasey Phillips

Principal Financial Officer

Evergreen Select Fixed Income Trust

200 Berkeley St.

Boston, MA 02116-5034

CERTIFICATIONS

I, Dennis H. Ferro, certify that:
 

1. I have reviewed this report on Form N-Q of Evergreen Select Fixed Income Trust;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedule of investments included in this report, fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which this report is filed;

4. The registrant’s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a)      Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b)      Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c)      Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d)      Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.    The registrant’s other certifying officer(s) and I have disclosed to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

(a)      All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize, and report financial information; and

(b)      Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Date: March 30, 2008

____________________________________

Dennis H. Ferro

Principal Executive Officer

Evergreen Select Fixed Income Trust