Greenwich Street California Municipal Fund as of March 31, 2001

Apr 17, 2001, 01:00 ET from Greenwich Street California Municipal Fund Inc.

    NEW YORK, April 17 /PRNewswire/ -- Greenwich Street California Municipal
 Fund Inc (Amex:   GCM) as of March 31, 2001:
     Investment Objective: The Fund seeks as high a level of current income
 exempt from Federal income tax and California personal income tax as is
 consistent with preservation of principal.
 
     Portfolio Composition*
 
     Industry Allocations
     Water & Sewer          14.7%
     Escrowed to Maturity   14.0
     Pre-Refunded           13.1
     Hospital               12.1
     Tax Allocation         10.5
     Education               8.6
     Housing                 7.1
     Finance                 4.2
     Transportation          4.1
     Misc.                  11.6
 
     Credit Quality (Higher of S&P or Moody's)
     AAA                    32.6%
     AA                     15.4
     A                      19.9
     BBB                    27.8
     NR                      4.3
 
     *Portfolio holdings and weightings are subject to change at any time.
 
     Portfolio Statistics
 
     Inception Date: September 24, 1994
     Inception Price:     12.00
     Leverage:               No
 
     Average Maturity     19.4 years
     Average Life         8.7 years
     Average Price        $97.03
     Average Coupon       5.38%
     Total Net Assets     $51 million
     Dividend             $0.052 per monthly (Declared quarterly, paid monthly)
     Market Price         $12.30
     NAV                  $14.12
     Call Statistics
     Non-Callable:        10.7%
     2002                  9.2
     2003                 16.2
     2004                 32.2
     2005                  4.3
     2006                 12.7
     2007                  4.4
     2009                  4.1
     2010                  6.2
 
     Greenwich Street California Municipal Fund Inc., a non-diversified
 investment management company, is managed by SSB Citi Fund Management LLC., a
 wholly owned subsidiary of Salomon Smith Barney Holdings Inc.
 
 

SOURCE Greenwich Street California Municipal Fund Inc.
    NEW YORK, April 17 /PRNewswire/ -- Greenwich Street California Municipal
 Fund Inc (Amex:   GCM) as of March 31, 2001:
     Investment Objective: The Fund seeks as high a level of current income
 exempt from Federal income tax and California personal income tax as is
 consistent with preservation of principal.
 
     Portfolio Composition*
 
     Industry Allocations
     Water & Sewer          14.7%
     Escrowed to Maturity   14.0
     Pre-Refunded           13.1
     Hospital               12.1
     Tax Allocation         10.5
     Education               8.6
     Housing                 7.1
     Finance                 4.2
     Transportation          4.1
     Misc.                  11.6
 
     Credit Quality (Higher of S&P or Moody's)
     AAA                    32.6%
     AA                     15.4
     A                      19.9
     BBB                    27.8
     NR                      4.3
 
     *Portfolio holdings and weightings are subject to change at any time.
 
     Portfolio Statistics
 
     Inception Date: September 24, 1994
     Inception Price:     12.00
     Leverage:               No
 
     Average Maturity     19.4 years
     Average Life         8.7 years
     Average Price        $97.03
     Average Coupon       5.38%
     Total Net Assets     $51 million
     Dividend             $0.052 per monthly (Declared quarterly, paid monthly)
     Market Price         $12.30
     NAV                  $14.12
     Call Statistics
     Non-Callable:        10.7%
     2002                  9.2
     2003                 16.2
     2004                 32.2
     2005                  4.3
     2006                 12.7
     2007                  4.4
     2009                  4.1
     2010                  6.2
 
     Greenwich Street California Municipal Fund Inc., a non-diversified
 investment management company, is managed by SSB Citi Fund Management LLC., a
 wholly owned subsidiary of Salomon Smith Barney Holdings Inc.
 
 SOURCE  Greenwich Street California Municipal Fund Inc.