Municipal Money Market Fund - Fund Facts

Fund Facts

Municipal Money Market Fund

All data subject to change

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Fund Facts

Fact Sheet

Performance & Pricing

Lipper & Morningstar

Portfolio Management

Fund Holdings

Historical Distributions

As of December 31, 2009

Portfolio Statistics
Fund inception	11/02/1988
Net assets (millions)	$3,929.4
Dividend distributions	Monthly
Number of holdings	469
Weighted average maturity (days)	9

Portfolio Management

Mathew M. Kiselak

James Randazzo

Ladson Hart

Low Minimum Initial Investment

ABC Shares

Start with as little as $1,000. There is no minimum for subsequent investments.

Portfolio Composition
(as a % of market value of investments)
	Tax Exempt Variable Rate Notes	93.8%
	Revenue & General Obligations	6.2%

Credit Quality
(as a % of market value of investments)
	Tier 1	100.0%

Objective & Strategy

The fund seeks to achieve as high a level of current income exempt from regular federal income tax, as is consistent with preserving capital and providing liquidity.

The fund invests at least 80% of its assets in municipal money market securities (examples of which include fixed, variable or floating rate general obligation and revenue bonds; tax, bond and revenue anticipation notes; and commercial paper obligations), the interest from which is exempt from federal income tax, other than the alternative minimum tax.

Related Literature

PDF Fact Sheet ABC Shares

Full Prospectus ABC Shares

Annual Report

Semi Annual Report

Statement of Additional Information

Share Class	NASDAQ Symbol	Newspaper Symbol	CUSIP	Fund Number

Fund Symbols & Numbers (As of December 31, 2009)
A	EXAXX	EvgrnMuniA	300250842	619

I	EVTXX	EvgrnMuniI	300250867	219

Top Holdings (As of December 31, 2009)
(as a % of market value of investments) The holdings listed should not be considered recommendations to purchase or sell a particular security.
Current and future portfolio holdings are subject to risk.
Most recent fund holdings information>>

Holdings	Percentage
Alaska Hsg. Fin. Corp. RB (0.40%, 1/7/10)	2.3%

Merrill Lynch Puttable Option Tax-Exempt Receipts VRDN (0.50%, 1/7/10)	1.4%

California HFA Home Mtge. RB, Ser. 2003-H	1.4%

Merrill Lynch Puttable Option Tax-Exempt Receipts VRDN (0.50%, 1/7/10)	1.4%

Merrill Lynch Puttable Option Tax-Exempt Receipts VRDN (0.35%, 1/7/10)	1.3%

Portland, OR Arpt. RRB (0.27%, 1/7/10)	1.1%

Port Corpus Christi, TX Solid Waste Disposal RB VRDN (0.32%, 1/6/10)	1.1%

Oyster Bay, NY GO (1.00%, 3/12/10)	1.1%

Michigan Higher Ed. Auth. Student Loan RRB VRDN (0.35%, 1/7/10)	1.0%

Maryland Hlth. & Higher Ed. Facs. Auth. RB (0.25%, 1/7/10)	1.0%

7-Day SEC Yield (As of December 31, 2009)
This chart represents the 7-day SEC yields of Class A over the previous 12 months.

A Shares

	As of: 02/08/2010	Month-end Annual Return as of: 01/31/2010				Quarter-end Annual Return as of: 12/31/2009
Performance (As of January 31, 2010)
Fund	YTD Return	1 Year	3 Year	5 Year	10 Year or Life	1 Year	3 Year	5 Year	10 Year or Life	Performance Inception	Max Sales Charge/CDSC
Municipal Money Market Fund A NAV	0.00%	0.08%	1.55%	1.87%	1.73%	0.11%	1.64%	1.89%	1.76%	11/02/1988	----

Municipal Money Market Fund I NAV	0.00%	0.20%	1.80%	2.14%	2.02%	0.26%	1.89%	2.16%	2.05%	11/02/1988	----

Pricing (As of February 08, 2010)

Fund	Assets (MM)	7 Day SEC Yield	7 Day Effective Yield	30 Day Yield¹	Daily Div Rate (cents/share)	Prospectus
Municipal Money Market Fund A NAV	$147.2	0.01%	0.01%	0.01%	0.000000274	download

Municipal Money Market Fund I NAV	$153.3	0.01%	0.01%	0.01%	0.000000275	download

¹The 30-day yield calculation is the sum of each class's previous 30 days income distributions divided by the most recent NAV and annualized.

Expense Ratios

The expense ratios displayed for each fund are based on the prospectus, which can be found in the Literature Library.

Fund	Prospectus Reporting Date	Gross Advisor Fee	Gross 12B-1 Fees	Gross Other Expenses	Total Gross Expenses	Voluntary Waivers and/or Reimbursements	Contractual Waivers and/or Reimbursements	Total Waivers and/or Reimbursements	Total Net Expenses
Municipal Money Market Fund A	06/01/2009	0.41%	0.30%	0.14%	0.85%	(0.03%)	0.00%	(0.03%)	0.82%¹

Municipal Money Market Fund I	06/01/2009	0.41%	0.00%	0.14%	0.55%	(0.03%)	0.00%	(0.03%)	0.52%¹

¹Includes voluntary waivers and/or reimbursements. The fund's investment advisor may cease these voluntary waivers and/or reimbursements at any time.

Past performance does not guarantee future results. The performance quoted represents past performance and current performance may be lower or higher. Investment return and principal value of an investment will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. Performance at NAV does not include the effect of sales charges. Performance includes the reinvestment of income dividends and capital gain distributions. Performance shown does not reflect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares.

An investor should consider the fund’s investment objectives, risks, charges and expenses carefully before investing or sending money. This and other important information about the investment company can be found in the fund prospectus. Obtain a prospectus online and read carefully before investing.

Historical performance shown for Class A prior to its inception is based on the performance of Class I, the original class offered. The historical returns for Class A have not been adjusted to reflect the 0.30% 12b-1 fee applicable to Class A. Class I does not pay a 12b-1 fee. If this fee had been reflected, returns for Class A would have been lower.

The advisor is waiving a portion of its advisory fee and reimbursing a portion of the 12b-1 fee for Class A. Had the fees not been waived or reimbursed, returns would have been lower.

Class I shares are only offered, subject to the minimum initial purchase requirements, in the following manner: (1) to investment advisory clients of EIMC (or its advisory affiliates), (2) to employer- or state-sponsored benefit plans, including but not limited to, retirement plans, defined benefit plans, deferred compensation plans, or savings plans, (3) to fee-based mutual fund wrap accounts, (4) through arrangements entered into on behalf of the Evergreen funds with certain financial services firms, (5) to certain institutional investors, and (6) to persons who owned Class Y shares in registered name in an Evergreen fund on or before December 31, 1994 or who owned shares of any SouthTrust fund in registered name as of March 18, 2005 or who owned shares of Vestaur Securities Fund as of May 20, 2005.

Class I shares are only available to institutional shareholders with a minimum of $1 million investment, which may be waived in certain situations.

The fund's investment objective may be changed without a vote of the fund's shareholders.

The value of municipal securities may be more sensitive to certain adverse conditions than other fixed income securities. Certain municipal securities may be highly illiquid. Municipal securities may lose their tax-exempt status if certain legal requirements are not met, or if federal or state tax laws change.

The fund's yield will fluctuate and there can be no guarantee that the fund will achieve its objective or any particular tax-exempt yield. Income may be subject to federal alternative minimum tax as well as local income taxes.

Yields are based on net investment income for the stated periods and annualized.

An investment in a money market fund is not insured or guaranteed by the FDIC or any other government agency. Although the fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the fund.

The yield quotation more closely reflects the current earnings of the fund than the total return quotation.

Net asset value (NAV) is the value of one share of the portfolio excluding any sales charges. Had sales charges been included, performance would be lower. Prices shown reflect the prior business day's closing net asset value (NAV) prices. Prices are available for weekdays only, and are not available for weekends or NYSE holidays. Orders for redemptions placed before 4:00 p.m. Eastern time will receive that day's closing share price. If received after 4:00 p.m., you will receive the next business day's closing share price.

Public offering price (POP) is the price of one share of a fund including any sales charges.

Mutual funds are long-term investments. Changes shown from day-to-day are extremely short-term. Prices are historical and cannot guarantee comparable future results.

All data is subject to change.

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