Schedule A

RULE 10F-3 TRANSACTIONS REPORT
October 1, 2003 through December 31, 2003
Affiliated Underwriter: Banc of America Securities, LLC

	Type of
	Security*		Date					Principal/									% of
	(1), (2),		Offering		Purchase			Shares				Price Paid		% of			Fund
Issuer	(3),(4)		Commenced		Date		Selling Broker**	Purchased		Price/Par		By Fund		Issue			Assets
Nations Funds Trust
Nations Asset Allocation Fund
Bear Stearns Company, Inc. 4.50% 10/18/10		1		10/21/03		10/21/03	Bear Stearns & Co		215,000	$	99.707	$	214,370		0.03	%		0.10	%
Camden Property 5.375% 12/15/13		1		12/01/03		12/01/03	JP Morgan Chase		183,000	$	99.424	$	181,946		0.09	%		0.08	%
International Paper Company 4.25% 1/15/09		1		12/10/03		12/10/03	Deutsche Bank		81,000	$	99.837	$	80,868		0.02	%		0.04	%
Nations Bond Fund
Bear Stearns Company, Inc. 4.50% 10/18/10		1		10/21/03		10/21/03	Bear Stearns & Co		6,526,000	$	99.707	$	6,506,879		0.87	%		0.27	%
CWL 2003-5 AF1B 1.30% 8/22/22		1		11/06/03		11/06/03	Countrywide Securities		5,000,000	$	100.000	$	5,000,000		0.15	%		0.21	%
CDCMC 2003-HE4 A2 1.349% 3/25/34		1		11/21/03		11/21/03	Morgan Stanley & Co., Inc		5,000,000	$	100.000	$	5,000,000		0.66	%		0.21	%
Camden Property 5.375% 12/15/13		1		12/01/03		12/01/03	JP Morgan Chase		5,483,000	$	99.424	$	5,451,418		2.74	%		0.23	%
International Paper Company 4.25% 1/15/09		1		12/10/03		12/10/03	Deutsche Bank		2,017,000	$	99.837	$	2,013,712		0.40	%		0.09	%
Nations Cash Reserves
CNH Equipment Trust 2003-BA1 1.23% 12/13/04		1		11/13/03		11/13/03	Deutsche Bank		58,000,000	$	100.000	$	58,000,000		24.79	%		0.09	%
Nations Convertible Securities Fund
Chesapeake Energy Pfd 5%		1		11/12/03		11/12/03	Lehman Brothers, Inc		1,225,000	$	100.000	$	1,225,000		0.08	%		0.09	%
Radisys Corporation 1.375% 11/15/23		3		11/14/03		11/14/03	CS First Boston Corp		990,000	$	100.000	$	990,000		0.00	%		0.07	%
Amereda Hess 7% Pfd		1		11/20/03		11/20/03	Goldman Sachs & Co		49,300	$	100.000	$	49,300		0.41	%		0.00	%
Millennium Chemical 144A CVBD 4% 11/15/23		3		11/20/03		11/20/03	JP Morgan Chase		993,000	$	100.000	$	993,000		0.79	%		0.07	%
Centerpoint Energy CVBD 2.875% 1/15/24		1		12/12/03		12/12/03	Salomon Smith Barney, Inc		4,965,000	$	100.000	$	4,965,000		2.21	%		0.33	%
Magnum Hunter Resources (Variable Rate) 12/15/23		1		12/12/03		12/12/03	Deutsche Bank		2,483,000	$	100.000	$	2,483,000		2.48	%		0.17	%
Adaptec CVBD 0.75% 12/22/23		1		12/16/03		12/16/03	Merrill Lynch & Co		1,000,000	$	100.000	$	1,000,000		0.50	%		0.07	%
Interpublic Group Pfd 5.375%		1		12/16/03		12/16/03	UBS Warburg		69,100	$	50.000	$	3,455,000		1.06	%		0.23	%
Nations Government Securities Fund
FHLMC 2.875% 12/15/06		1		11/13/03		11/13/03	Bear Stearns & Co		600,000	$	99.995	$	599,970		0.01	%		0.28	%
Nations MidCap Value Fund
Interpublic Group of Companies, Inc.		1		12/16/03		12/16/03	JP Morgan Chase		125,000	$	13.500	$	1,687,500		0.56	%		0.37	%
Interpublic Group of Companies, Inc. Series A Pfd		1		12/16/03		12/16/03	JP Morgan Chase		20,000	$	50.000	$	1,000,000		0.31	%		0.22	%
Nations Short Intermediate Government Fund
FHLMC 2.875% 12/15/06		1		11/13/03		11/13/03	Bear Stearns & Co		820,000	$	99.995	$	819,959		0.02	%		0.19	%
Nations Short Term Income Fund
Diageo Finance Services BV 3% 12/15/06		1		12/10/03		12/10/03	Goldman Sachs & Co		3,000,000	$	99.969	$	2,999,070		0.60	%		0.27	%
Nations Strategic Income Fund
Bear Stearns Company, Inc. 4.50% 10/18/10		1		10/21/03		10/21/03	Bear Stearns & Co		388,000	$	99.707	$	386,863		0.05	%		0.17	%
Camden Property 5.375% 12/15/13		1		12/01/03		12/01/03	JP Morgan Chase		326,000	$	99.424	$	324,122		0.16	%		0.14	%
International Paper Company 4.25% 1/15/09		1		12/10/03		12/10/03	Deutsche Bank		132,000	$	99.837	$	131,785		0.03	%		0.06	%
Corporate Bond Portfolio
Bear Stearns Company, Inc. 4.50% 10/18/10		1		10/21/03		10/21/03	Bear Stearns & Co		334,000	$	99.707	$	333,021		0.04	%		0.68	%
Camden Property 5.375% 12/15/13		1		12/01/03		12/01/03	JP Morgan Chase		120,000	$	99.424	$	119,309		0.06	%		0.24	%
High Income Portfolio
Videotron LTD 6.875% 1/15/14		3		10/02/03		10/02/03	CitiGroup		16,000	$	99.081	$	15,853		0.00	%		0.15	%
Terex Corporation Notes 7.375% 1/15/14		3		11/10/03		11/10/03	CS First Boston Corp		133,000	$	99.110	$	131,816		0.04	%		1.20	%
Georgia Gulf Corporation 7.125% 12/15/13		3		11/19/03		11/19/03	JP Morgan Chase		72,000	$	100.000	$	72,000		0.07	%		0.69	%
United Agri Products, Inc. 8.25% 12/15/11		1		12/11/03		12/11/03	UBS Warburg		24,000	$	100.000	$	24,000		0.01	%		0.23	%
Great Lakes Dredge & Dock Corporation 7.75% 12/15/13		3		12/12/03		12/12/03	Lehman Brothers, Inc		25,000	$	100.000	$	25,000		0.01	%		0.25	%

*     The following designations identify whether the securities are: (1) part of a Registered Offering; (2) part of an Eligible Foreign Offering; (3) part of an Eligible Rule 144A Offering; or (4) Eligible Municipal Securities, as such terms are defined in the Procedures for Investment Pursuant to Rule 10f-3 under the Investment Company Act of 1940, as amended.

**     The Selling Broker is not affiliated with the Affiliated Underwriter.

The amount of securities of any class purchased by a Fund aggregated with purchases by any other investment company advised by the Adviser, and any purchases by another account with respect to which the Adviser has investment discretion if the Adviser exercised such investment discretion with respect to the purchase, shall not exceed (i) 25% of the principal amount of the offering of such class or (ii) if an Eligible Rule 144A offering, 25% of the total of the principal amount of the offering of such class sold to qualified institutional buyers plus the principal amount of the offering of such class in any concurrent public offering.

The securities were offered in a firm commitment underwriting (unless a rights offering) and the securities purchased were of an issuer who had been in continuous operations for not less than three years, including predecessors (except for Eligible Municipal Securities).