N-CSRS

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSRS

CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number 811-06557

STI Classic Funds

(Exact name of registrant as specified in charter)

Citi Fund Services Ohio, Inc., 3435 Stelzer Road,Columbus, Ohio	43219
(Address of principal executive offices)	(Zip code)

Citi Fund Services Ohio, Inc., 3435 Stelzer Road, Columbus, Ohio 43219

(Name and address of agent for service)

Registrant’s telephone number, including area code: 614-470-8000

Date of fiscal year end: 03/31

Date of reporting period: 09/30/07

Item 1. Reports to Stockholders.

TABLE OF CONTENTS

STI CLASSIC FUNDS September 30, 2007

Letter to Shareholders	1
Industry Allocation	3
Schedules of Portfolio Investments	7
Statements of Assets and Liabilities	53
Statements of Operations	57
Statements of Changes in Net Assets	61
Financial Highlights	71
Notes to Financial Statements	83
Trustees and Officers of the STI Classic Funds	96
Additional Information	98

LETTER TO SHAREHOLDERS

September 30, 2007

Dear Valued Client:

Most major stock indexes moved modestly higher point-to-point in the third quarter, but it was far from a boring summer. Slowing economic momentum and significant credit market turbulence increased market volatility and prompted the Federal Reserve (the “Fed”) to cut the overnight federal funds rate by 50 basis points (0.50%) to 4.75%. Fixed-income markets rallied in response to the Fed ease as well as moderating core inflation and bond yields fell. The S&P 500 gained 2.02% and the Lehman Brothers U.S. Aggregate Index added 2.84% for the quarter while increasing 9.11% and 3.85%, respectively through nine months.

Economic momentum slowed in the third quarter following a moderate spring rebound. Intensified weakness in housing was perhaps the most visible barometer of the slowing, but an unexpected decline in the initial August employment report raised concerns that a recession might be either near or underway. However, consumer spending remained firm overall despite the rising headwinds, and combined with continued strength in export trade and capital spending, helped sustained growth. Core inflation remained in the Fed’s 1-2% comfort zone, despite record oil prices and further dollar declines.

Perhaps the most significant stress to the markets in the third quarter occurred when the well publicized troubles in the subprime mortgage markets spilled over into the short-term asset-backed commercial paper market. The contagion spread globally. Buyers, fearful of potential collateral impairment, backed away. Credit spreads rose in the broader bond market, but from very narrow levels. The Fed, seeing the markets become increasingly dysfunctional, stepped in first to cut the discount rate and then to lower the fed funds, as we mentioned.

The impact of the economic and financial events discussed above did not prevent a net equity advance during the quarter, but the markets did move decisively in the direction of quality and sustainability. Within the S&P 500, Consumer Discretionary and Financial stocks bore the brunt of the selling pressure, while Energy, Technology, and Industrials led the market higher. This trend favored the Growth style in the third quarter, while sluggish domestic growth and the weaker dollar helped Large-Caps and International outperform.

In the bond markets, the combination of Fed ease, ebbing economic momentum, and comfortable core inflation helped push the yield on the 10-year Treasury down below 4.6% from over 5% at midyear and all major sectors improved. But as in the stock market, bond investors showed a strong preference for higher quality. Treasury bonds outperformed while the High Yield sector lagged significantly. Credit spreads widened from relatively low levels and the yield curve steepened.

The turmoil and stress in the credit markets generally affected asset classes with significant leverage, and that included Hedge funds, where major styles lagged the broad equity and bond indexes. However, Commodities rose sharply during the quarter as continued demand for lower cost imports fueled global demand for commodities.

Looking ahead to the remainder of 2007 and into 2008, we see four key factors that we believe will drive market performance. The first is slower but positive growth. Despite firm economic growth in the third quarter, momentum continued to slow and economic “headwinds” such as higher energy prices and credit concerns increased. Even with these headwinds, we believe positive growth could help corporate profits maintain positive momentum. A second expectation is that core inflation may remain within the Fed’s unofficial 1-2% target range. Clearly upward pressure on

1

energy prices is a concern but we see it more as a headwind to growth than a tailwind to inflation. A third factor in our outlook is the expectation that Federal Reserve policy has shifted in favor of accommodation and could remain in that mode for the next several quarters. Recent stability in the credit markets may allow the Fed to move more gradually in the coming months, but we expect a minimum of one or two more eases by early next year. Finally we believe equity valuations are reasonable and that the markets have been rational during the recent market turbulence.

As we mentioned in our previous letter, exciting changes have been taking place at Trusco Capital. We have seen these changes have an immediate and positive impact on the relative performance of several of our strategies. We hope to report more good news on that front in future letters.

We close this letter, as always, with thanks to you, our valued client. All of us at Trusco appreciate your support and confidence over the years, and we will strive to earn that trust again this year and the years to follow.

Sincerely,

David H. Eidson
President and CEO
Trusco Capital Management, Inc.

2

INDUSTRY ALLOCATION (As a percentage of Total Investments)

STI CLASSIC FUNDS September 30, 2007
(Unaudited)

Aggressive Growth Stock Fund
Short-Term Investments	31.4	%
Information Technology	22.1	%
Consumer Discretionary	14.4	%
Health Care	13.3	%
Financials	7.1	%
Telecommunication Services	5.7	%
Industrials	3.6	%
Money Market Funds	1.3	%
Consumer Staples	1.0	%
Energy	0.1	%
Emerging Growth Stock Fund
Short-Term Investments	26.5	%
Information Technology	19.1	%
Financials	13.0	%
Health Care	11.6	%
Consumer Discretionary	11.5	%
Telecommunication Services	7.9	%
Industrials	6.0	%
Money Market Funds	2.0	%
Energy	1.7	%
Consumer Staples	0.7	%
International Equity Fund
Financials	21.7	%
Industrials	14.0	%
Short-Term Investments	12.2	%
Materials	11.0	%
Energy	8.1	%
Consumer Discretionary	6.7	%
Telecommunication Services	6.1	%
Consumer Staples	5.5	%
Information Technology	5.0	%
Health Care	4.3	%
Utilities	4.2	%
Transportation	1.2	%
International Equity Index Fund
Financials	23.5	%
Short-Term Investments	18.7	%
Industrials	10.3	%
Consumer Discretionary	9.6	%
Materials	6.7	%
Utilities	6.1	%
Energy	5.6	%
Consumer Staples	5.4	%
Telecommunication Services	5.4	%
Information Technology	4.8	%
Health Care	3.5	%
Metals	0.3	%
Transportation	0.1	%
Large Cap Core Equity Fund
Short-Term Investments	20.6	%
Financials	14.6	%
Information Technology	13.4	%
Health Care	9.7	%
Industrials	9.7	%
Energy	8.8	%
Consumer Staples	7.8	%
Consumer Discretionary	7.7	%
Telecommunication Services	3.3	%
Materials	2.1	%
Utilities	2.1	%
Money Market Funds	0.2	%
Large Cap Growth Stock Fund
Short-Term Investments	25.8	%
Information Technology	22.7	%
Health Care	10.5	%
Industrials	9.9	%
Consumer Discretionary	9.6	%
Consumer Staples	7.0	%
Energy	7.0	%
Financials	3.6	%
Materials	2.4	%
Money Market Funds	1.1	%
Telecommunication Services	0.4	%

Portfolio composition is subject to change.

3

INDUSTRY ALLOCATION (As a percentage of Total Investments)

STI CLASSIC FUNDS September 30, 2007
(Unaudited)

Large Cap Quantitative Equity Fund
Financials	15.9	%
Information Technology	14.8	%
Industrials	13.8	%
Health Care	11.6	%
Energy	11.5	%
Consumer Discretionary	10.0	%
Consumer Staples	8.5	%
Telecommunication Services	4.6	%
Insurance	4.1	%
Utilities	3.4	%
Materials	1.8	%
Large Cap Value Equity Fund
Short-Term Investments	21.9	%
Financials	19.7	%
Industrials	11.8	%
Energy	10.6	%
Consumer Staples	7.7	%
Health Care	6.1	%
Consumer Discretionary	5.8	%
Utilities	4.7	%
Telecommunication Services	4.0	%
Materials	3.0	%
Information Technology	2.8	%
Money Market Funds	1.9	%
Mid-Cap Core Equity Fund
Short-Term Investments	26.5	%
industrials	12.2	%
Information Technology	11.9	%
Financials	11.3	%
Consumer Discretionary	9.5	%
Health Care	7.2	%
Energy	6.1	%
Consumer Staples	4.8	%
Utilities	4.8	%
Materials	4.0	%
Telecommunication Services	1.6	%
Money Market Funds	0.1	%
Mid-Cap Value Equity Fund
Financials	20.6	%
Short-Term Investments	20.6	%
Utilities	10.9	%
Consumer Staples	8.6	%
Industrials	8.2	%
Energy	7.5	%
Consumer Discretionary	7.4	%
Information Technology	5.1	%
Materials	4.1	%
Health Care	3.3	%
Telecommunication Services	2.1	%
Money Market Funds	1.6	%
Select Large Cap Growth Stock Fund
Information Technology	24.6	%
Short-Term Investments	16.9	%
Health Care	15.3	%
Industrials	12.2	%
Consumer Staples	7.4	%
Energy	6.7	%
Financials	6.2	%
Consumer Discretionary	5.5	%
Materials	3.3	%
Money Market Funds	1.9	%
Small Cap Growth Stock Fund
Short-Term Investments	31.7	%
Information Technology	16.2	%
Health Care	14.1	%
Industrials	11.6	%
Consumer Discretionary	10.9	%
Financials	4.3	%
Materials	4.2	%
Energy	3.3	%
Consumer Staples	1.7	%
Telecommunication Services	1.0	%
Money Market Funds	0.9	%

Portfolio composition is subject to change.

4

INDUSTRY LOCATION (As a percentage of Total Investments)

STI CLASSIC FUNDS September 30, 2007
(Unaudited)

Small Cap Value Equity Fund
Short-Term Investments	27.2	%
Industrials	18.0	%
Financials	13.9	%
Consumer Discretionary	11.3	%
Health Care	8.0	%
Materials	5.6	%
Energy	4.7	%
Information Technology	4.4	%
Consumer Staples	2.9	%
Money Market Funds	1.7	%
Utilities	1.6	%
Telecommunication Services	0.7	%
Life Vision Aggressive Growth Fund
Equity Funds	92.1	%
Money Market Funds	5.9	%
Exchange Traded Funds	2.0	%
Life Vision Conservative Fund
Fixed Income Funds	69.7	%
Equity Funds	27.3	%
Money Market Funds	2.0	%
Exchange Traded Funds	1.0	%
Life Vision Growth and Income Fund
Equity Funds	69.7	%
Fixed Income Funds	20.7	%
Money Market Funds	7.6	%
Exchange Traded Funds	2.0	%
Life Vision Moderate Growth Fund
Equity Funds	49.6	%
Fixed Income Funds	40.8	%
Money Market Funds	8.6	%
Exchange Traded Funds	1.0	%
Life Vision Target Date 2015 Fund
Equity Funds	79.5	%
Fixed Income Funds	12.6	%
Money Market Funds	4.9	%
Exchange Traded Funds	3.0	%
Life Vision Target Date 2025 Fund
Equity Funds	88.9	%
Money Market Funds	5.1	%
Fixed Income Funds	3.0	%
Exchange Traded Funds	3.0	%
Life Vision Target Date 2035 Fund
Equity Funds	90.6	%
Money Market Funds	5.5	%
Exchange Traded Funds	2.9	%
Fixed Income Funds	1.0	%

Portfolio composition is subject to change.

5

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6

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Aggressive Growth Stock Fund

	Shares		Value ($)
Common Stocks (98.5%)
Consumer Discretionary (21.1%)
Best Buy Co., Inc.(a)		114,300		5,260
Blue Nile, Inc.*		115,500		10,871
Coach, Inc.*		176,800		8,357
eBay, Inc.*(a)		325,600		12,705
Life Time Fitness, Inc.*(a)		89,500		5,490
Monster Worldwide, Inc.*		151,100		5,147
Nordstrom, Inc.(a)		149,400		7,005
Starbucks Corp.*(a)		394,200		10,328
Urban Outfitters, Inc.*(a)		132,300		2,884
VistaPrint Ltd.*(a)		79,600		2,975
Walt Disney Co. (The)(a)		195,500		6,723
				77,745
Consumer Staples (1.4%)
Archer-Daniels-Midland Co.		154,900		5,124
Energy (0.2%)
Trina Solar Ltd., SP ADR*		12,600		718
Financials (10.4%)
BlackRock, Inc., Cl A(a)		65,800		11,410
CB Richard Ellis Group, Inc., Cl A*(a)		130,700		3,639
Euronet Worldwide, Inc.*		195,900		5,832
Huron Consulting Group, Inc.*		99,000		7,189
Legg Mason, Inc.(a)		46,300		3,903
Portfolio Recovery Associates, Inc.		120,800		6,411
				38,384
Health Care (19.4%)
Alcon, Inc.(a)		24,700		3,555
Allscripts Healthcare Solutions, Inc.*(a)		118,900		3,214
Celgene Corp.*(a)		70,400		5,020
Covance, Inc.*(a)		50,600		3,942
Edwards Lifesciences Corp.*(a)		37,000		1,824
Genentech, Inc.*(a)		146,500		11,430
Gilead Sciences, Inc.*(a)		318,300		13,009
Hologic, Inc.*		59,600		3,636
IDEXX Laboratories, Inc.*		41,000		4,493
Kyphon, Inc.*		72,100		5,047
Psychiatric Solutions, Inc.*		271,100		10,649
Varian Medical Systems, Inc.*(a)		77,100		3,230
VCA Antech, Inc.*		55,700		2,325
				71,374
Industrials (5.2%)
First Solar, Inc.*		163,500		19,251
Information Technology (32.4%)
Apple, Inc.*		133,000		20,421
Atheros Communications*(a)		96,500		2,892
Cisco Systems, Inc.*		254,000		8,410
Cognizant Technology Solutions Corp., Cl A*(a)		227,600		18,156
Equinix, Inc.*(a)		25,700		2,279
F5 Networks, Inc.*		129,700		4,824
Google, Inc., Cl A*(a)		26,900		15,260
MEMC Electronic Materials, Inc.*		55,400		3,261
Paychex, Inc.(a)		148,800		6,101
QUALCOMM, Inc.		256,400		10,835
Riverbed Technology, Inc.*(a)		81,800		3,304
Starent Networks Corp.*		31,800		671
SunPower Corp., Cl A*		154,100		12,763
VMware, Inc., Cl A*(a)		29,300		2,490
Yahoo!, Inc.*(a)		292,900		7,861
				119,528
Telecommunication Services (8.4%)
American Tower Corp., Cl A*		159,000		6,923
NII Holdings, Inc.*(a)		205,800		16,905
Time Warner Telecom, Inc., Cl A*		328,700		7,222
				31,050
Total Common Stocks (Cost $269,509)				363,174
Short-Term Investments (46.0%)
Credit Suisse Flagship Fund (USA) LLC(b)		169,780,300		169,780
Total Short-Term Investments (Cost $169,780)				169,780
Money Market Funds (1.9%)
STI Classic Institutional Cash Management Money Market Fund(c)		7,156,234		7,156
Total Money Market Funds (Cost $7,156)				7,156
Total Investments (Cost $446,445) (d) — 146.4%				540,110
Liabilities in excess of other assets — (46.4)%				(171,255	)
Net Assets — 100.0%			$	368,855

See Notes to Financial Statements.

7

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Aggressive Growth Stock Fund — concluded

*	Non-income producing security.
(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $165,512.
(b)	This security was purchased with cash collateral held from securities lending.
(c)	Affiliate investment.
(d)	Cost for federal income tax purposes is $447,752 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	99,323
Unrealized Depreciation		(6,965	)
Unrealized Appreciation	$	92,358

ADR	— American Depositary Receipt
Cl	— Class

See Notes to Financial Statements.

8

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Emerging Growth Stock Fund

	Shares		Value($)
Common Stocks (97.0%)
Consumer Discretionary (15.6%)
Blue Nile, Inc.*		60,000		5,647
J. Crew Group, Inc.*(a)		34,500		1,432
Life Time Fitness, Inc.*(a)		35,500		2,178
Lululemon Athletica, Inc.*(a)		32,700		1,374
Nordstrom, Inc.(a)		87,800		4,117
Polo Ralph Lauren Corp.		61,000		4,743
True Religion Apparel, Inc.*(a)		53,300		938
VistaPrint Ltd.*(a)		53,600		2,003
				22,432
Consumer Staples (1.0%)
Bare Escentuals, Inc.*(a)		55,300		1,375
Energy (2.3%)
Trina Solar Ltd., SP ADR*(a)		57,800		3,293
Financials (17.6%)
Alliance Data Systems Corp.*(a)		13,900		1,076
BlackRock, Inc., Cl A(a)		28,500		4,942
CB Richard Ellis Group, Inc., Cl A*(a)		111,000		3,090
eHealth, Inc.*(a)		52,300		1,449
Euronet Worldwide, Inc.*		129,500		3,855
Greenhill & Co., Inc.		23,500		1,435
Huron Consulting Group, Inc.*		79,700		5,788
Portfolio Recovery Associates, Inc.		70,300		3,731
				25,366
Health Care (15.7%)
Amylin Pharmaceuticals, Inc.*(a)		26,800		1,340
HMS Holdings Corp.*		112,000		2,756
Hologic, Inc.*		61,300		3,739
IDEXX Laboratories, Inc.*		17,800		1,951
Intuitive Surgical, Inc.*		7,700		1,771
Kyphon, Inc.*		39,600		2,772
Medivation, Inc.*(a)		39,800		798
Myriad Genetics, Inc.*(a)		28,300		1,476
Psychiatric Solutions, Inc.*		122,300		4,804
United Therapeutics Corp.*(a)		9,600		639
Vertex Pharmaceuticals, Inc.*(a)		16,400		630
				22,676
Industrials (8.2%)
First Solar, Inc.*		66,400		7,818
Fuel Tech, Inc.*		87,100		1,924
Industrials—continued
Taleo Corp., Cl A*		38,600		981
Zoltek Cos., Inc.*(a)		25,000		1,090
				11,813
Information Technology (25.9%)
Atheros Communications*(a)		70,000		2,098
Baidu.com, Inc., SP ADR*(a)		12,400		3,592
Cognizant Technology Solutions Corp., Cl A*		78,900		6,294
DealerTrack Holdings, Inc.*		77,800		3,258
Equinix, Inc.*(a)		21,300		1,889
F5 Networks, Inc.*		71,800		2,670
LoopNet, Inc.*(a)		84,500		1,736
Omniture, Inc.*(a)		104,000		3,153
Riverbed Technology, Inc.*(a)		54,900		2,217
Starent Networks Corp.*		130,800		2,761
SunPower Corp., Cl A*		63,600		5,267
ViaSat, Inc.*		42,400		1,307
VMware, Inc., Cl A*(a)		11,500		978
				37,220
Telecommunication Services (10.7%)
Cbeyond, Inc.*(a)		60,200		2,457
Crown Castle International Corp.*(a)		98,900		4,018
NII Holdings, Inc.*(a)		70,200		5,767
Time Warner Telecom, Inc., Cl A*		142,200		3,124
				15,366
Total Common Stocks (Cost $103,740)				139,541
Short-Term Investments (36.0%)
Credit Suisse Flagship Fund (USA) LLC(b)		51,888,101		51,888
Total Short-Term Investments (Cost $51,888)				51,888

See Notes to Financial Statements.

9

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Emerging Growth Stock Fund — concluded

	Shares		Value($)
Money Market Funds (2.7%)
STI Classic Institutional Cash Management Money Market Fund(c)		3,936,891		3,937
Total Money Market Funds (Cost $3,937)				3,937
Total Investments (Cost $159,565)(d) — 135.7%				195,366
Liabilities in excess of other assets — (35.7)%				(51,382	)
Net Assets — 100.0%			$	143,984

*	Non-income producing security.
(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $50,360.
(b)	This security was purchased with cash collateral held from securities lending.
(c)	Affiliate investment.
(d)	Cost for federal income tax purposes is $159,755 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	37,959
Unrealized Depreciation		(2,348	)
Unrealized Appreciation	$	35,611

ADR	— American Depositary Receipt
Cl	— Class

See Notes to Financial Statements.

10

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Fund

	Shares or
	Principal
	Amount($)		Value($)
Foreign Common Stocks (97.2%)
Australia (5.3%)
Babcock & Brown Ltd.(a)		321,161		7,826
BHP Billiton Ltd.		304,066		12,017
Challenger Financial Services Group Ltd.		880,474		4,843
Commonwealth Bank of Australia		79,109		3,957
Goodman Fielder Ltd.		1,782,352		4,079
Leighton Holdings Ltd.(a)		70,826		3,236
Macquarie Airports		1,012,048		3,905
Macquarie Bank Ltd.(a)		70,919		5,310
Qantas Airways Ltd.		1,104,487		5,467
QBE Insurance Group Ltd.(a)		236,740		7,098
Sims Group Ltd.(a)		127,809		3,660
Westpac Banking Corp.		266,897		6,748
				68,146
Austria (0.4%)
OMV AG		75,172		5,019
Belgium (0.6%)
Delhaize Group(a)		83,707		8,020
Brazil (2.3%)
Banco Bradesco SA		139,700		4,103
Banco do Brasil SA		283,500		4,774
Brasil Telecom Participacoes SA(a)		100,604		7,507
Companhia Vale do Rio Doce ADR(a)		247,191		8,387
Unibanco-Uniao de Bancos Brasileiros SA GDR		41,298		5,433
				30,204
Cayman Islands (0.3%)
Greentown China Holdings Ltd.		1,606,500		3,745
China (0.2%)
China Shipping Development Co. Ltd.		854,000		2,769
Finland (1.6%)
Nokia Corp., Cl A		550,482		20,925
France (8.1%)
Air France-KLM		144,918		5,325
AXA ADR		169,705		7,593
Bouygues SA		63,005		5,434
Capgemini SA		97,287		5,995
Compagnie de Saint-Gobain		65,080		6,792
France—continued
Compagnie Generale de Geophysique-Veritas*		16,253		5,310
France Telecom SA(a)		265,686		8,898
Lafarge SA(a)		62,916		9,747
SCOR SE		112,712		3,020
SUEZ SA		169,012		9,952
Total SA		208,799		16,975
VINCI SA(a)		122,508		9,570
Vivendi Universal SA		230,571		9,731
				104,342
Germany (9.0%)
Allianz SE(a)		61,729		14,421
BASF AG		101,410		14,077
Continental AG		33,166		4,603
DaimlerChrysler AG		85,847		8,602
Deutsche Lufthansa AG		219,772		6,339
E.ON AG		99,775		18,412
Henkel KGaA		113,941		5,852
MAN AG		97,790		14,264
Muenchener Rueckversicherungs-Gesellschaft AG		34,843		6,677
Stada Arzneimittel AG		114,216		7,458
ThyssenKrupp AG		179,467		11,412
Volkswagen AG		17,241		3,899
				116,016
Greece (0.4%)
National Bank of Greece SA ADR		404,000		5,216
Hong Kong (1.8%)
Agile Property Holdings Ltd.(a)		1,738,000		3,649
Cheung Kong Holdings Ltd.		284,000		4,684
CLP Holdings Ltd.		360,000		2,492
Guoco Group Ltd.		26,000		354
Industrial & Commercial Bank of China Ltd.		1,126,000		3,143
Pacific Basin Shipping Ltd.		4,236,000		8,894
				23,216
Indonesia (0.5%)
PT Bumi Resources Tbk		15,249,000		5,965

See Notes to Financial Statements.

11

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Ireland (1.7%)
Allied Irish Banks PLC		285,098		6,910
Anglo Irish Bank Corp. PLC		401,542		7,592
CRH PLC		195,446		7,761
				22,263
Israel (1.4%)
Bank Leumi Le-Israel		1,589,780		6,961
Mizrahi Tefahot Bank Ltd.		888,669		6,629
Teva Pharmaceutical Industries Ltd. SP ADR		85,115		3,785
				17,375
Italy (2.9%)
Enel SpA(a)		938,891		10,629
Eni SpA(a)		326,688		12,106
Mediaset SpA(a)		206,576		2,133
Saipem SpA		107,415		4,582
UniCredito Italiano SpA		993,559		8,500
				37,950
Japan (18.5%)
Bridgestone Corp.		178,200		3,941
Canon, Inc.		91,747		5,009
Daicel Chemical Industries Ltd.		1,231,000		9,743
Daiichi Sankyo Co. Ltd.		199,600		5,996
Denki Kagaku Kogyo Kabushiki Kaisha		828,000		4,650
DENSO Corp.		64,900		2,447
East Japan Railway Co.		1,265		9,979
Futaba Industrial Co. Ltd.		150,800		3,887
Honda Motor Co. Ltd.(a)		133,000		4,470
ITOCHU Corp.		819,000		9,948
Joint Corp.		79,600		2,128
KDDI Corp.		852		6,320
Komatsu Ltd.		355,000		11,931
Makino Milling Machine Co. Ltd.		291,000		3,071
Makita Corp.		145,800		6,398
Mitsubishi Corp.		110,700		3,508
Mitsubishi Estate Co. Ltd.(a)		104,000		2,979
Mitsui & Co. Ltd.		605,000		14,697
Mitsui Fudosan Co. Ltd.		85,000		2,361
Mitsui O.S.K. Lines Ltd.		401,000		6,498
Mizuho Financial Group, Inc.		895		5,104
Nihon Parkerizing Co. Ltd.		169,000		2,012
Nintendo Co. Ltd.		9,300		4,842
Japan—continued
Nippon Chemi-Con Corp.(a)		539,798		4,785
Nippon Yusen Kabushiki Kaisha(a)		726,000		7,092
NSK Ltd.		388,000		3,405
NTN Corp.		299,000		2,668
Okinawa Electric Power Co., Inc. (The)		88,400		5,627
ORIX Corp.		56,410		12,868
Ricoh Co. Ltd.		388,000		8,209
Shin-Etsu Chemical Co. Ltd.		56,300		3,892
Sumitomo Corp.		613,200		11,853
Sumitomo Metal Industries Ltd.		1,692,000		9,871
Sumitomo Mitsui Financial Group, Inc.		740		5,767
Taiheiyo Cement Corp.(a)		599,000		2,279
Takeda Pharmaceutical Co. Ltd.		53,400		3,757
Toyota Motor Corp.		250,700		14,800
Urban Corp.		344,000		5,580
Yamatake Corp.		154,800		5,189
				239,561
Malaysia (0.6%)
Public Bank Berhad		1,353,000		3,954
SP Setia Berhad		1,558,300		4,027
				7,981
Mexico (0.6%)
America Movil SAB de C.V. ADR		113,416		7,259
Netherlands (5.0%)
ABN AMRO Holding NV		243,443		12,825
Akzo Nobel NV		36,870		3,039
ASML Holding NV*		225,866		7,487
Heineken NV(a)		91,381		5,996
ING Groep NV(a)		228,024		10,121
Koninklijke DSM NV		68,764		3,711
Koninklijke KPN NV(a)		426,525		7,401
Schlumberger Ltd.(a)		104,582		10,982
Vedior NV		170,872		3,759
				65,321
New Zealand (0.9%)
Air New Zealand Ltd.		1,212,626		2,269
Fletcher Building Ltd.		1,032,741		9,929
				12,198

See Notes to Financial Statements.

12

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Norway (2.0%)
Acergy SA		155,778		4,633
Norske Skogindustrier ASA		123,848		5,389
Orkla ASA		550,770		9,842
Telenor ASA		290,600		5,824
				25,688
Philippines (0.3%)
Globe Telecom, Inc.		121,650		3,974
Poland (0.3%)
Bank Pekao SA		20,291		1,886
Powszechna Kasa Oszczednosci Bank Polski SA		92,367		1,931
				3,817
Russian Federation (1.2%)
Gazprom ADR		142,923		6,267
Mechel ADR		51,016		2,602
Mobile TeleSystems, SP ADR		104,777		7,262
				16,131
Singapore (1.2%)
DBS Group Holdings Ltd.		221,000		3,214
Singapore Airlines Ltd.		199,733		2,502
United Overseas Bank Ltd.		461,000		6,861
Wing Tai Holdings Ltd.		1,129,000		2,935
				15,512
South Korea (0.7%)
Daelim Industrial Co. Ltd.		7,015		1,300
POSCO		9,845		7,242
				8,542
Spain (2.0%)
Banco Santander Central Hispano SA		695,117		13,509
Telefonica SA		443,583		12,415
				25,924
Sweden (3.0%)
Alfa Laval AB		108,750		6,997
H&M Hennes & Mauritz AB		162,225		10,287
Sandvik AB		386,000		8,284
Swedish Match AB		168,800		3,511
Telefonaktiebolaget LM Ericsson		2,381,000		9,536
				38,615
Switzerland (4.4%)
Credit Suisse Group		98,876		6,566
Nestle SA		46,200		20,758
Roche Holding Ltd.		97,131		17,616
Swiss Re		49,085		4,373
Zurich Financial Services		23,768		7,131
				56,444
Taiwan (0.3%)
Siliconware Precision Industries Co. SP ADR(a)		341,379		4,131
Turkey (1.8%)
Akbank T.A.S		1,217,608		9,308
Tupras-Türkiye Petrol Rafinerileri A.S.		248,704		6,613
Türkiye Garanti Bankasi A.S.		977,662		7,514
				23,435
United Kingdom (17.9%)
AstraZeneca PLC		243,093		12,179
Aviva PLC		478,215		7,200
Barclays PLC		805,672		9,815
BHP Billiton PLC		573,132		20,519
BP PLC		1,229,155		14,270
BT Group PLC		1,869,293		11,740
Centrica PLC		1,177,821		9,168
De La Rue PLC		406,101		6,065
DS Smith PLC		637,230		2,435
FKI PLC		1,668,135		3,106
GlaxoSmithKline PLC		211,366		5,608
Home Retail Group PLC		773,846		5,901
Imperial Tobacco Group PLC		221,618		10,160
International Power PLC		530,767		4,900
J Sainsbury PLC		360,966		4,265
National Express Group PLC		297,468		7,528
Next PLC		68,979		2,772
Royal & Sun Alliance Insurance Group PLC		2,431,814		7,686
Royal Bank of Scotland Group PLC (The)		1,525,521		16,385
Royal Dutch Shell PLC, Cl A		533,046		21,994
Royal Dutch Shell PLC, Cl B		309,559		12,742
SABMiller PLC		275,598		7,848
Scottish & Newcastle PLC		226,549		2,834
Unilever PLC		244,891		7,740

See Notes to Financial Statements.

13

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Fund — concluded

	Shares or
	Principal
	Amount($)		Value($)
United Kingdom—continued
Vodafone Group PLC		3,218,291		11,621
WH Smith PLC		612,242		4,810
				231,291
Total Foreign Common Stocks (Cost $951,297)				1,256,995
Foreign Preferred Stocks (0.9%)
Germany (0.9%)
Fresenius AG, 1.510%		77,596		6,019
ProSiebenSat.1 Media AG, 0.840%		192,315		6,043
Total Foreign Preferred Stocks (Cost $9,641)				12,062
Exchange Traded Funds (0.8%)
iShares MSCI EAFE Index Fund		100		9
iShares MSCI Emerging Markets Index Fund		22,147		3,305
Vanguard Emerging Markets Fund		62,139		6,434
Total Exchange Traded Funds (Cost $9,703)				9,748
Short-Term Investments (12.2%)
Brown Brothers Harriman & Co., Cayman Islands Cash Sweep		17,875		17,875
Credit Suisse Flagship Fund (USA) LLC (b)		140,272,443		140,272
Total Short-Term Investments (Cost $158,147)				158,147
Total Investments
(Cost $1,128,788)(c) — 111.1%				1,436,952
Liabilities in excess of other assets — (11.1)%				(143,155	)
Net Assets — 100.0%			$	1,293,797

*	Non-income producing security.
(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $134,588.
(b)	This security was purchased with cash collateral held from securities lending.

(c) Cost for federal income tax purposes is $1,135,677 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	309,724
Unrealized Depreciation		(8,449	)
Unrealized Appreciation	$	301,275

ADR	— American Depositary Receipt
Cl	— Class
GDR	— Global Depositary Receipt
PLC	— Public Limited Company

At September 30, 2007 the Fund’s foreign currency exchange contracts were as follows:

			Contract
			Amount			Contract						Unrealized
	Delivery		in Local			Value			Market			Appreciation
Currency	Date		Currency			in USD($)			Value($)			(Depreciation)($)
Short:
Brazilian Real		10/1/07		2,572			1,400			1,404			4
Euro		10/1/07		(2,013	)		(2,841	)		(2,870	)		(29	)
Hong Kong Dollar		10/1/07		(6,498	)		(836	)		(836	)		—
Japanese Yen		10/1/07		286,518			2,492			2,495			3
Japanese Yen		10/1/07		(118,777	)		(1,037	)		(1,034	)		3
Phillippine Peso		10/1/07		55,610			601			603			2
South African Rand		10/1/07		(4,728	)		(669	)		(687	)		(18	)
Swiss Franc		10/1/07		(4,415	)		(3,778	)		(3,793	)		(15	)
Total Short Contracts						$	(4,668	)	$	(4,718	)	$	(50	)

Amounts designated as “—” are $0 or have been rounded to $0.

The investment concentrations for the International Equity Fund as a percentage of net assets, by industry, as of September 30, 2007, were as follows:

Consumer Discretionary	7.4%
Consumer Staples	6.1%
Energy	9.0%
Financials	24.2%
Health Care	4.8%
Industrials	15.5%
Information Technology	5.5%
Materials	12.2%
Short-Term Investments	13.6%
Telecommunication Services	6.8%
Transportation	1.3%
Utilities	4.7%

See Notes to Financial Statements.

14

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Index Fund

	Shares or
	Principal
	Amount($)		Value($)
Common Stock (0.0%)
United States (0.0%)
Ship Finance International Ltd.		100		2
Total Common Stock (Cost $2)				2
Foreign Common Stocks (93.1%)
Australia (4.0%)
AGL Energy Ltd.(a)		26,548		374
Alumina Ltd.		69,130		438
Amcor Ltd.		55,183		361
AMP Ltd.(a)		110,790		1,036
Aristocrat Leisure Ltd.(a)		21,480		265
Asciano Group*		27,549		219
Australia & New Zealand Banking Group Ltd.		89,182		2,350
AXA Asia Pacific Holdings Ltd.		53,373		369
BHP Billiton Ltd.		183,500		7,252
BlueScope Steel Ltd.(a)		44,489		424
Boral Ltd.		36,417		232
Brambles Ltd.		93,999		1,231
Centro Properties Group		51,749		338
Coca-Cola Amatil Ltd.		32,204		257
Coles Myer Ltd.(a)		69,510		950
Commonwealth Bank of Australia		61,251		3,064
Computershare Ltd.		31,194		257
CSL Ltd.		11,257		1,071
CSR Ltd.		53,772		148
Fairfax Media Ltd.		73,058		306
Foster’s Group Ltd.		124,196		719
GPT Group		125,010		566
Insurance Australia Group Ltd.(a)		104,249		486
Lend Lease Corp. Ltd.		22,053		370
Lion Nathan Ltd.		17,992		147
Macquarie Bank Ltd.(a)		15,865		1,188
Macquarie Goodman Group		86,945		533
Macquarie Infrastructure Group		157,769		437
Mirvac Group Ltd.		61,701		298
National Australia Bank Ltd.		77,321		2,724
Newcrest Mining Ltd.		20,494		509
Orica Ltd.		19,044		508
Origin Energy Ltd.		53,228		486
Perpetual Ltd.(a)		2,270		147
Australia—continued
QBE Insurance Group Ltd.(a)		39,627		1,188
Rio Tinto Group Ltd.(a)		14,913		1,432
Santos Ltd.		36,644		489
Sonic Healthcare Ltd.		17,439		241
Stockland Trust Group*		2,509		20
Stockland Trust Group		87,820		701
Suncorp-Metway Ltd.		52,406		944
TABCORP Holdings Ltd.(a)		32,143		432
Telstra Corp. Ltd.		151,770		587
Toll Holdings Ltd.		32,923		383
Transurban Group(a)		61,523		398
Wesfarmers Ltd.(a)		23,209		865
Westfield Group		98,441		1,895
Westpac Banking Corp.		91,157		2,305
Woodside Petroleum Ltd.		28,576		1,273
Woolworths Ltd.(a)		61,695		1,626
WorleyParsons Ltd.		9,064		341
Zinifex Ltd.		29,815		469
				45,649
Austria (1.3%)
BETandWIN.com Interactive Entertainment AG*		6,094		145
Erste Bank der oesterreichischen Sparkassen AG		32,053		2,443
Flughafen Wien AG		2,453		253
Immofinanz Immobilien Anlagen AG*		104,552		1,304
Meinl European Land Ltd.*(a)		70,088		999
Oesterreichische Elektrizitaeswirtschafts AG		16,456		948
OMV AG		33,863		2,261
Raiffeisen International Bank-Holding AG(a)		7,037		1,029
RHI AG*		6,010		277
Telekom Austria AG		69,825		1,827
Voest-Alpine AG		22,505		1,945
Wiener Staedtische Allgemeine Versicherung AG		7,359		514
Wienerberger AG		14,090		881
				14,826

See Notes to Financial Statements.

15

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Index Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Belgium (1.6%)
Agfa-Gevaert NV		19,361		373
Barco NV		1,696		146
Belgacom		17,982		834
Delhaize Group(a)		9,940		952
Dexia Group		53,974		1,634
Fortis(a)		139,668		4,112
Groep Colruyt(a)		2,498		528
Groupe Bruxelles Lambert SA		10,551		1,280
InBev		21,704		1,967
KBC Bank & Insurance Holding Co. NV		20,688		2,846
Mobistar SA		4,754		416
NV Bekaert SA		1,916		257
NV Umicore SA		3,712		887
Omega Pharma NV		2,854		250
Solvay SA		7,178		1,041
UCB SA		15,383		908
				18,431
Denmark (1.4%)
A.P. Moller-Maersk A/S		142		1,951
Bang & Olufsen A/S, Cl B(a)		1,560		176
Carlsberg A/S, Cl B(a)		4,525		618
Coloplast A/S, Cl B		3,994		380
Danisco A/S(a)		7,359		572
Danske Bank A/S		43,168		1,753
DSV A/S		25,250		595
FLS Industries A/S		8,000		851
GN Store Nord A/S*(a)		30,900		313
H. Lundbeck A/S		8,000		217
Jyske Bank A/S*		8,875		690
Novo Nordisk A/S, Cl B		28,637		3,457
Novozymes A/S, Cl B		6,870		864
Sydbank A/S		9,450		411
Topdanmark A/S*		2,650		436
Trygvesta A/S		3,000		240
Vestas Wind Systems A/S*		23,738		1,876
William Demant Holding*		3,807		337
				15,737
Finland (1.1%)
Cargotec Corp., Cl B		2,374		117
Fortum Corp.		27,640		1,014
Kone Oyj, Cl B		4,749		346
Metso Corp.		8,000		551
Neste Oil Oyj		7,979		292
Finland—continued
Nokia Corp., Cl A		209,417		7,960
Sampo PLC, Cl A		26,900		821
Stora Enso Oyj(a)		36,152		704
Tietoenator Oyj		4,612		104
UPM-Kymmene Corp.		32,567		788
				12,697
France (10.0%)
Accor		16,665		1,479
Air France-KLM		11,780		433
Air Liquide SA		18,050		2,416
Air Liquide Prime Fidelite SA		2,138		286
Alcatel(a)		193,427		1,986
Alstom		8,791		1,787
Atos Origin SA*		7,153		416
AXA, ADR(a)		119,729		5,357
BNP Paribas		65,375		7,153
Bouygues SA		18,808		1,622
Business Objects SA*		10,060		449
Capgemini SA		13,024		803
Carrefour SA		49,090		3,439
Casino Guichard-Perrachon SA		4,523		474
CNP Assurances SA		4,207		538
Compagnie de Saint-Gobain		27,294		2,848
Compagnie Generale des Etablissements Michelin, Cl B(a)		12,716		1,709
Credit Agricole SA(a)		51,917		2,002
Dassault Systemes SA		5,979		392
Essilor International SA		20,492		1,286
European Aeronautic Defence & Space Co. Eads NV		30,221		929
France Telecom SA		139,915		4,686
Gaz de France(a)		14,726		765
Gecina SA(a)		1,293		219
Groupe Danone		33,062		2,602
Hermes International		7,210		811
Imerys		3,354		306
Klepierre		7,191		413
L’Oreal SA(a)		21,334		2,798
Lafarge SA(a)		11,967		1,854
Lagardere SCA		12,596		1,072
LVMH Moet Hennessy Louis Vuitton SA		18,821		2,256
M6 Metropole Television		6,690		194

See Notes to Financial Statements.

16

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Index Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
France—continued
Neopost SA		3,346		472
PagesJaunes SA		12,867		264
Pernod Ricard		7,955		1,736
Pinault-Printemps-Redoute SA(a)		6,215		1,169
PSA Peugeot Citroen SA		15,313		1,264
Publicis Groupe		14,443		594
Renault SA		15,972		2,314
Safran SA(a)		17,324		418
Sanofi-Aventis		81,666		6,914
Schneider Electric SA		19,050		2,407
Societe BIC		2,827		242
Societe Generale		28,209		4,733
Societe Television Francaise 1(a)		12,230		329
Sodexho Alliance SA		9,909		685
SUEZ SA		84,124		4,954
Technip SA		10,440		933
Thales		9,004		528
Thomson		25,598		390
Total SA(a)		179,690		14,609
Unibail Holding		4,790		1,233
Valeo SA		7,248		403
Vallourec SA		4,508		1,298
Veolia Environnement SA		26,381		2,272
VINCI SA(a)		33,770		2,638
Vivendi Universal SA		96,804		4,086
Zodiac SA		4,017		288
				112,953
Germany (13.6%)
Adidas AG		32,186		2,111
Allianz SE(a)		58,890		13,758
ALTANA AG		11,268		271
BASF AG		62,904		8,732
Bayer AG		96,131		7,634
Beiersdorf AG		15,005		1,120
Bilfinger Berger AG		6,328		499
Celesio AG		13,686		869
Commerzbank AG		80,856		3,282
Continental AG		16,952		2,353
Daimler AG		121,664		12,271
Deutsche Bank AG		67,926		8,749
Deutsche Boerse AG(a)		28,813		3,913
Deutsche Lufthansa AG		29,471		850
Deutsche Post AG		102,918		2,988
Deutsche Postbank AG		11,356		834
Deutsche Telekom AG		375,391		7,376
Germany—continued
Douglas Holding AG		5,335		335
E.ON AG		81,350		15,012
Heidelberger Druckmaschinen AG		9,890		434
Henkel KGaA		24,552		1,261
Hochtief AG		6,643		806
Hypo Real Estate Holding AG(a)		20,182		1,151
Infineon Technologies AG*		105,941		1,825
IVG Immobilien AG		15,998		599
Karstadt Quelle AG*(a)		10,759		358
Linde AG		15,739		1,964
MAN AG		15,352		2,239
Merck KGaA		9,684		1,182
METRO AG		19,280		1,738
MLP AG		9,241		125
Muenchener Rueckversicherungs-Gesellschaft AG		28,290		5,421
Rheinmetall AG		6,125		488
RWE AG		58,385		7,329
Salzgitter AG		6,584		1,302
SAP AG		117,761		6,889
Siemens AG		111,257		15,268
Solarworld AG(a)		14,254		827
Suedzucker AG(a)		10,745		216
ThyssenKrupp AG		50,174		3,191
TUI AG*(a)		35,357		958
Volkswagen AG		22,997		5,200
Wincor Nixdorf AG(a)		5,347		445
				154,173
Greece (1.6%)
Alpha Bank SA		67,906		2,366
Coca-Cola HBC		18,820		1,087
Cosmote Mobile Telecommunications SA		22,920		788
EFG Eurobank Ergasias SA		46,727		1,643
Hellenic Petroleum SA		22,530		360
Hellenic Technodomiki Tev SA		21,600		289
Hellenic Telecommunications Organization SA		55,500		2,057
National Bank of Greece SA		64,264		4,096
OPAP SA		43,550		1,689
Piraeus Bank SA		43,825		1,566

See Notes to Financial Statements.

17

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Index Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Greece—continued
Public Power Corp. SA		18,380		728
Titan Cement Co. SA		12,960		670
Viohalco SA		18,180		299
				17,638
Hong Kong (1.1%)
Bank of East Asia Ltd.		76,242		428
BOC Hong Kong Holdings Ltd.		194,000		492
Cheung Kong Holdings Ltd.		81,000		1,336
CLP Holdings Ltd.		71,600		496
Esprit Holdings Ltd.		56,400		896
Foxconn International Holdings Ltd.*(a)		113,000		310
Hang Seng Bank Ltd.		41,300		734
Henderson Land Development Co. Ltd.		47,000		373
Hong Kong & China Gas Co. Ltd. (The)(a)		195,960		456
Hong Kong Electric Holdings Ltd.		75,000		390
Hong Kong Exchanges & Clearing Ltd.		58,000		1,773
Hutchison Whampoa Ltd.		115,080		1,231
Li & Fung Ltd.		119,400		507
Link REIT (The)		117,839		259
New World Development Co. Ltd.		130,343		360
PCCW Ltd.		215,326		142
Sun Hung Kai Properties Ltd.		73,600		1,240
Swire Pacific Ltd.		45,000		546
Wharf Holdings Ltd. (The)		66,000		324
				12,293
Ireland (0.9%)
Allied Irish Banks PLC		73,962		1,793
Bank of Ireland		100,127		1,856
C&C Group PLC		39,815		329
CRH PLC		47,498		1,886
DCC PLC		9,656		285
DEPFA Bank PLC		54,497		1,115
Elan Corp. PLC*		6,047		127
Grafton Group PLC*		27,304		306
Independent News & Media PLC		156		1
Ireland—continued
Independent News & Media PLC		82,671		308
Irish Life & Permanent PLC		26,986		598
Irish Life & Permanent PLC		4,509		100
Kerry Group PLC		320		9
Kerry Group PLC, Cl A		16,342		482
Kingspan Group PLC		14,621		321
Ryanair Holdings PLC*		46,355		330
				9,846
Italy (8.5%)
Alleanza Assicurazioni SpA		39,131		521
Arnoldo Mondadori Editore SpA(a)		26,578		257
Assicurazioni Generali SpA		171,912		7,564
Autogrill SpA		23,167		446
Autostrade SpA(a)		56,439		1,906
Banca Intesa SpA		1,364,085		10,532
Banca Monte dei Paschi di Siena SpA(a)		215,380		1,321
Banca Popolare di Milano Scarl SpA(a)		94,487		1,396
Banco Popolare Scarl*		79,054		1,771
Bulgari SpA		34,101		537
Capitalia SpA		323,030		3,086
Enel SpA(a)		741,353		8,393
Eni SpA(a)		477,572		17,697
Fiat SpA(a)		135,229		4,090
Finmeccanica SpA		52,771		1,537
Fondiaria-Sai SpA		16,849		791
Intesa Sanpaolo		141,949		1,039
Italcementi SpA		16,129		357
Lottomatica SpA		15,521		561
Luxottica Group SpA		30,783		1,048
Mediaset SpA(a)		172,602		1,782
MEDIOBANCA-Banca di Credito Finanziario SpA(a)		100,255		2,193
Mediolanum SpA(a)		58,075		411
Pirelli & C. SpA*		655,257		789
Seat Pagine Gialle SpA		933,437		520
Snam Rete Gas SpA(a)		200,389		1,246
Telecom Italia RNC SpA		1,020,098		2,459
Telecom Italia SpA		1,870,093		5,686

See Notes to Financial Statements.

18

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Index Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Italy—continued
Terna SpA(a)		273,192		1,010
UniCredito Italiano SpA		1,373,139		11,747
Unione di Banche Italiane Scpa		122,737		3,299
				95,992
Japan (20.2%)
77 Bank Ltd.		33,000		222
Acom Co. Ltd.(a)		5,950		133
Advantest Corp.(a)		15,900		496
AEON Co. Ltd.		53,800		760
AEON Credit Service Co. Ltd.		9,000		97
Aiful Corp.(a)		7,800		122
Aisin Seiki Co. Ltd.		18,200		727
Ajinomoto Co., Inc.		61,000		765
All Nippon Airways Co. Ltd.		64,000		250
Alps Electric Co. Ltd.		17,800		214
Amada Co. Ltd.		36,000		402
Ariake Japan Co. Ltd.		40		1
Asahi Breweries Ltd.		40,300		614
Asahi Glass Co. Ltd.		77,000		1,036
Asahi Kasei Corp.		105,000		848
Astellas Pharma, Inc.		42,861		2,056
Bank of Yokohama Ltd. (The)		119,000		822
Benesse Corp.		6,900		264
Bridgestone Corp.		51,900		1,148
Canon, Inc.		82,000		4,477
Casio Computer Co. Ltd.		23,600		338
Central Japan Railway Co.		128		1,360
Chiba Bank Ltd. (The)		76,000		588
Chubu Electric Power Co., Inc.		51,200		1,326
Chugai Pharmaceutical Co. Ltd.(a)		27,900		461
Citizen Holdings Co. Ltd.(a)		34,100		343
Credit Saison Co. Ltd.(a)		16,200		418
CSK Corp.		5,900		231
Dai Nippon Printing Co. Ltd.		57,000		815
Daiichi Sankyo Co. Ltd.		59,025		1,773
Daikin Industries Ltd.		20,900		1,006
Dainippon Ink & Chemicals, Inc.		63,000		279
Daito Trust Construction Co. Ltd.		8,200		396
Japan—continued
Daiwa House Industry Co. Ltd.		46,000		600
Daiwa Securities Group, Inc.(a)		112,000		1,067
Denki Kagaku Kogyo Kabushiki Kaisha		49,000		275
DENSO Corp.		30,600		1,154
Dentsu, Inc.		194		551
DOWA Mining Co. Ltd.(a)		25,000		317
East Japan Railway Co.		268		2,114
Eisai Co. Ltd.		21,200		1,002
Electric Power Development Co. Ltd.		14,920		581
FANUC Ltd.		15,700		1,601
Fast Retailing Co. Ltd.		5,300		306
Fuji Electic Holdings Co. Ltd.		56,000		250
Fuji Photo Film Co. Ltd.		40,100		1,854
Fujikura Ltd.		36,000		228
Fujitsu Ltd.		162,000		1,145
Fukuoka Financial Group, Inc.		61,000		357
Furukawa Electric Co. Ltd. (The)		63,000		308
Gunma Bank Ltd. (The)(a)		38,000		253
Hirose Electric Co. Ltd.		3,200		389
Hitachi Chemical Co. Ltd.		9,500		196
Hitachi Ltd.(a)		275,000		1,832
Hokkaido Electric Power Co., Inc.		18,200		394
Hokuhoku Financial Group, Inc.		118,000		334
Honda Motor Co. Ltd.(a)		118,100		3,969
Hoya Corp.		38,900		1,328
Ibiden Co. Ltd.		12,700		1,069
INPEX Holdings, Inc.		82		842
Isetan Co. Ltd.		19,000		256
Ishikawajima-Harima Heavy Industries Co. Ltd.		131,000		412
ITOCHU Corp.		134,000		1,628
J. Front Retailing Co., Ltd.*		30,800		303
Japan Real Estate Investment Corp.		39		469
Japan Retail Fund Investment Corp.		36		313
Japan Tobacco, Inc.		353		1,939

See Notes to Financial Statements.

19

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Index Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Japan—continued
JFE Holdings, Inc.		46,475		3,294
JGC Corp.		21,000		405
Joyo Bank Ltd. (The)(a)		66,300		370
JS Group Corp.		26,512		461
JSR Corp.(a)		17,800		436
Kajima Corp.(a)		89,000		306
Kamigumi Co. Ltd.		26,000		218
Kaneka Corp.		30,000		252
Kansai Electric Power Co., Inc. (The)		51,500		1,177
Kansai Paint Co. Ltd.		22,000		169
Kao Corp.		39,000		1,165
Kawasaki Heavy Industries Ltd.		134,000		525
Kawasaki Kisen Kaisha Ltd.(a)		53,000		779
KDDI Corp.		186		1,380
Keihin Electric Express Railway Co. Ltd.(a)		42,000		272
Keio Electric Railway Co. Ltd.(a)		58,000		362
Keyence Corp.		3,460		768
Kintetsu Corp.(a)		162,250		504
Kirin Brewery Co. Ltd.		65,000		860
Kobe Steel Ltd.		263,000		982
Kokuyo Co. Ltd.(a)		8,300		86
Komatsu Ltd.		72,700		2,443
Konami Corp.		8,900		243
Konica Minolta Holdings, Inc.		47,500		805
Kubota Corp.		105,000		865
Kuraray Co. Ltd.		36,000		456
Kurita Water Industries Ltd.(a)		11,200		380
Kyocera Corp.		13,800		1,294
Kyowa Hakko Kogyo Co. Ltd.		32,000		330
Kyushu Electric Power Co., Inc.		22,400		593
Lawson, Inc.		6,200		196
Leopalace21 Corp.		12,700		417
Mabuchi Motor Co. Ltd.(a)		2,800		183
Makita Corp.		11,500		505
Marubeni Corp.		155,000		1,422
Marui Co. Ltd.		29,400		325
Matsushita Electric Industrial Co. Ltd.(a)		150,880		2,831
Japan—continued
Matsushita Electric Works Ltd.		37,000		446
Millea Holdings, Inc.(a)		59,400		2,389
Minebea Co. Ltd.		36,000		246
Mitsubishi Chemical Holdings Corp.		103,500		901
Mitsubishi Corp.		110,000		3,486
Mitsubishi Electric Corp.		162,000		2,031
Mitsubishi Estate Co. Ltd.(a)		97,000		2,779
Mitsubishi Gas Chemical Co., Inc.		39,000		362
Mitsubishi Heavy Industries Ltd.		261,000		1,707
Mitsubishi Logistics Corp.		11,000		155
Mitsubishi Materials Corp.(a)		89,000		553
Mitsubishi Rayon Co. Ltd.(a)		54,000		383
Mitsubishi UFJ Financial Group, Inc.		620		5,453
Mitsui & Co. Ltd.		128,000		3,109
Mitsui Chemicals, Inc.		63,000		626
Mitsui Engineering & Shipbuilding Co. Ltd.(a)		73,000		414
Mitsui Fudosan Co. Ltd.		71,000		1,972
Mitsui Mining & Smelting Co. Ltd.		57,000		246
Mitsui O.S.K. Lines Ltd.		100,000		1,620
Mitsui Sumitomo Insurance Co. Ltd.		96,340		1,132
Mitsui Trust Holdings, Inc.		63,000		491
Mitsukoshi Ltd.(a)		39,000		177
Mizuho Financial Group, Inc.		750		4,277
Murata Manufacturing Co. Ltd.		18,600		1,341
Namco Bandai Holdings, Inc.(a)		20,050		292
NEC Corp.		193,000		938
NGK Insulators Ltd.		27,000		870
NGK Spark Plug Co. Ltd.(a)		17,000		264
Nidec Corp.		10,800		755
Nikon Corp.		29,000		997
Nintendo Co. Ltd.		8,000		4,165
Nippon Building Fund, Inc.		46		669

See Notes to Financial Statements.

20

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Index Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Japan—continued
Nippon Electric Glass Co. Ltd.(a)		33,500		540
Nippon Express Co. Ltd.		79,000		393
Nippon Meat Packers, Inc.		18,000		200
Nippon Mining Holdings, Inc.		88,000		884
Nippon Oil Corp.		124,000		1,152
Nippon Sheet Glass Co. Ltd.		60,000		367
Nippon Steel Corp.		464,000		3,341
Nippon Telegraph & Telephone Corp.		384		1,795
Nippon Unipac Holding		88		272
Nippon Yusen Kabushiki Kaisha(a)		110,000		1,075
Nissan Chemical Industries Ltd.		16,000		198
Nissan Motor Co. Ltd.		175,500		1,759
Nisshin Seifun Group, Inc.		18,300		172
Nisshin Steel Co. Ltd.(a)		79,000		356
Nissin Food Products Co. Ltd.(a)		8,900		318
Nitto Denko Corp.		16,400		763
NOK Corp.		11,200		240
Nomura Holdings, Inc.		133,100		2,232
Nomura Research Institute Ltd.		11,000		374
NSK Ltd.		44,000		386
NTN Corp.		37,000		330
NTT DATA Corp.(a)		126		562
NTT DoCoMo, Inc.		1,243		1,775
Obayashi Corp.		61,000		283
Odakyu Electric Railway Co. Ltd.(a)		61,000		394
Oji Paper Co. Ltd.(a)		74,000		358
Olympus Corp.		21,000		863
OMRON Corp.		21,100		559
Onward Kashiyama Co. Ltd.		14,000		142
Oriental Land Co. Ltd.(a)		4,800		278
ORIX Corp.		7,610		1,736
Osaka Gas Co. Ltd.		200,000		702
Pioneer Corp.(a)		15,200		186
Promise Co. Ltd.(a)		6,950		169
Rakuten, Inc.		648		254
Resona Holdings, Inc.(a)		485		832
Ricoh Co. Ltd.		59,000		1,248
Japan—continued
ROHM Co. Ltd.		10,100		893
Sankyo Co. Ltd.		5,300		215
SANYO Electric Co. Ltd.*(a)		158,000		260
SBI Holdings, Inc.		924		243
Secom Co. Ltd.		19,700		949
Sega Sammy Holdings, Inc.(a)		19,704		262
Seiko Epson Corp.(a)		12,500		310
Sekisui Chemical Co. Ltd.		46,000		338
Sekisui House Ltd.		44,000		554
Seven & I Holdings Co. Ltd.		57,640		1,483
Sharp Corp.(a)		85,000		1,543
Shimamura Co. Ltd.		2,200		206
Shimano, Inc.		6,800		238
Shimizu Corp.		59,000		321
Shin-Etsu Chemical Co. Ltd.		31,600		2,185
Shinsei Bank Ltd.		139,000		438
Shionogi & Co. Ltd.		30,000		463
Shiseido Co. Ltd.		34,000		755
Shizuoka Bank Ltd. (The)		57,000		554
Showa Denko KK		111,000		420
Showa Shell Sekiyu KK		19,100		246
SMC Corp.		5,700		781
Softbank Corp.(a)		61,700		1,139
Sompo Japan Insurance, Inc.		69,000		792
Sony Corp.		79,400		3,851
Stanley Electric Co. Ltd.(a)		14,400		347
Sumitomo Chemical Co. Ltd.		143,000		1,226
Sumitomo Corp.		92,400		1,786
Sumitomo Electric Industries Ltd.		54,700		872
Sumitomo Heavy Industries Ltd.		57,000		734
Sumitomo Metal Industries Ltd.		345,000		2,013
Sumitomo Metal Mining Co. Ltd.		45,000		1,093
Sumitomo Mitsui Financial Group, Inc.(a)		518		4,037
Sumitomo Realty & Development Co. Ltd.(a)		36,000		1,266
Sumitomo Trust & Banking Co. Ltd. (The)		106,000		802

See Notes to Financial Statements.

21

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Index Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Japan—continued
Suruga Bank Ltd.		20,000		244
Suzuken Co. Ltd.		6,400		216
T&D Holdings, Inc.		17,150		1,056
Taiheiyo Cement Corp.(a)		90,000		342
Taisei Corp.(a)		95,000		275
Taisho Pharmaceutical Co. Ltd.(a)		14,000		275
Taiyo Yuden Co. Ltd.		10,000		198
Takashimaya Co. Ltd.(a)		29,000		322
Takeda Pharmaceutical Co. Ltd.		61,300		4,313
Takefuji Corp.(a)		11,000		218
TDK Corp.		11,900		1,044
Teijin Ltd.		83,000		405
Terumo Corp.		16,800		848
THK Co. Ltd.		12,600		266
Tobu Railway Co. Ltd.(a)		78,000		367
Toho Co. Ltd.(a)		11,300		223
Tohoku Electric Power Co., Inc.		35,900		767
Tokyo Electric Power Co., Inc. (The)		84,400		2,131
Tokyo Electron Ltd.(a)		15,600		989
Tokyo Gas Co. Ltd.		194,000		904
Tokyu Corp.		106,000		692
TonenGeneral Sekiyu KK		29,000		292
Toppan Printing Co. Ltd.		56,000		577
Toray Industries, Inc.(a)		125,000		993
Toshiba Corp.(a)		253,000		2,364
Tosoh Corp.		46,000		298
TOTO Ltd.(a)		27,700		201
Toyo Seikan Kaisha Ltd.		16,200		305
Toyobo Co. Ltd.		63,000		148
Toyota Industries Corp.		11,200		483
Toyota Motor Corp.		200,600		11,842
Trend Micro, Inc.		10,500		454
Ube Industries Ltd.		95,000		337
Uni-Charm Corp.		4,200		258
UNY Co. Ltd.		18,000		157
Ushio, Inc.		11,100		202
USS Co. Ltd.		2,430		160
Wacoal Corp.		9,000		111
West Japan Railway Co.		169		806
Yahoo Japan Corp.		1,505		570
Yakult Honsha Co. Ltd.(a)		10,700		244
Yamada Denki Co. Ltd.		7,580		750
Yamaha Corp.		17,500		392
Japan—continued
Yamaha Motor Co. Ltd.		18,500		472
Yamato Transport Co. Ltd.		39,000		585
Yokogawa Electric Corp.		20,400		248
				228,176
Luxembourg (0.4%)
ArcelorMittal		65,491		5,169
Netherlands (3.3%)
ABN AMRO Holding NV		125,366		6,605
Aegon NV		98,330		1,883
Akzo Nobel NV		19,372		1,596
ASML Holding NV*		36,912		1,224
Fugro NV		5,310		431
Hagemeyer NV(a)		43,224		200
Heineken NV(a)		16,976		1,114
ING Groep NV(a)		131,031		5,816
Koninklijke DSM NV		13,108		707
Koninklijke KPN NV		140,332		2,435
QIAGEN NV*		24,158		469
Randstad Holding NV		4,676		253
Reed Elsevier NV		63,657		1,209
Royal Ahold NV*		94,463		1,428
Royal Numico NV(a)		13,648		1,059
Royal Philips Electronics NV		79,560		3,590
SBM Offshore NV		12,700		499
TPG NV		35,261		1,478
Unibail-Rodamco NV		2,514		647
Unilever NV		113,382		3,500
Vedior NV		15,332		337
Wolters Kluwer NV(a)		26,254		779
				37,259
New Zealand (0.5%)
Auckland International Airport Ltd.(a)		323,091		766
Contact Energy Ltd.		92,886		647
Fisher & Paykel Appliances Holdings Ltd.(a)		89,076		240
Fisher & Paykel Healthcare Corp. Ltd.		162,014		405
Fletcher Building Ltd.		131,913		1,268
Kiwi Income Property Trust		245,108		269

See Notes to Financial Statements.

22

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Index Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
New Zealand—continued
Sky City Entertainment Group Ltd.		147,951		585
Telecom Corp. of New Zealand Ltd.(a)		328,580		1,113
				5,293
Norway (1.8%)
Acergy SA(a)		31,300		931
Det Norske Oljeselskap ASA*(a)		123,200		256
DNB NOR ASA		109,940		1,687
Frontline Ltd.(a)		8,400		413
Norsk Hydro ASA		108,200		4,709
Norske Skogindustrier ASA		25,950		278
Orkla ASA		124,120		2,218
Petroleum Geo-Services ASA		27,502		794
Schibsted ASA		7,500		395
SeaDrill Ltd.*		40,000		900
Statoil ASA(a)		97,550		3,326
Storebrand ASA(a)		36,600		569
Tandberg ASA		18,494		445
Telenor ASA		110,300		2,211
Tomra Systems ASA(a)		25,150		182
Yara International ASA		29,240		925
				20,239
Portugal (0.9%)
Banco BPI SA		56,285		474
Banco Comercial Portugues SA		431,327		1,790
Banco Espirito Santo SA		55,544		1,259
Brisa-Auto-estradas de Portugal SA		74,059		971
CIMPOR-Cimentos de Portugal, SGPS, SA		49,768		412
Energias de Portugal SA		334,253		1,954
Jeronimo Martins, SGPS, SA		67,055		412
Portugal Telecom, SGPS, SA		143,194		2,007
PT Multimedia-Servicos de Telecomunicacoes e Multimedia, SGPS, SA		27,113		404
Sonae, SGPS, SA		197,491		512
				10,195
Singapore (0.6%)
Capitaland Ltd.		89,000		488
City Developments Ltd.		29,000		316
DBS Group Holdings Ltd.		66,467		967
Singapore—continued
Keppel Corp. Ltd.		55,000		533
Oversea-Chinese Banking Corp. Ltd.		146,700		879
Singapore Airlines Ltd.		30,800		386
Singapore Press Holdings Ltd.		88,750		258
Singapore Telecommunications Ltd.		453,660		1,228
United Overseas Bank Ltd.		72,000		1,072
UOL Group Ltd.		30,300		106
Venture Corp. Ltd.		14,000		156
				6,389
South Africa (0.0%)
Mondi, Ltd.		5,682		56
Spain (5.9%)
Abertis Infraestructuras SA(a)		32,843		1,027
Acciona SA		4,112		1,118
Acerinox SA(a)		22,390		674
Actividades de Construccion y Servicios SA (ACS)(a)		26,309		1,452
Altadis SA		32,775		2,306
Antena 3 de Television SA(a)		12,810		236
Banco Bilbao Vizcaya Argentaria SA		384,355		9,009
Banco Popular Espanol SA(a)		109,010		1,873
Banco Santander Central Hispano SA		673,246		13,084
Cintra Concesiones de Infraestructuras de Transporte SA(a)		29,662		452
Corporacion Mapfre(a)		81,800		370
Ebro Puleva SA(a)		12,170		249
Endesa SA		70,968		4,057
Fomento de Construcciones y Contratas SA(a)		6,418		519
Gamesa Corporacion Tecnologica SA		24,491		1,000
Gas Natural SDG SA(a)		20,364		1,150
Grupo Ferrovial SA(a)		9,077		768
Iberdrola SA		93,084		5,468
Iberia Lineas Aereas de Espana SA		68,168		332

See Notes to Financial Statements.

23

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Index Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Spain—continued
Indra Sistemas SA(a)		16,513		447
Industria de Diseno Textil SA		28,038		1,889
Promotora de Informaciones SA(a)		11,013		217
Repsol YPF SA		104,848		3,745
Sacyr Vallehermoso Group SA(a)		12,280		430
Sociedad General de Aguas de Barcelona SA, Cl A(a)		8,627		328
Telefonica SA(a)		492,129		13,774
Union Fenosa SA		15,335		907
Zeltia SA(a)		23,265		253
				67,134
Sweden (1.8%)
ASSA ABLOY AB		22,600		469
Atlas Copco AB, Cl A		47,600		824
Atlas Copco AB, Cl B		29,682		475
Boliden AB		20,550		438
Electrolux AB, Ser B(a)		17,900		379
Getinge AB, Cl B		12,000		291
H&M Hennes & Mauritz AB		23,200		1,471
Husqvarna AB, Cl B		20,000		258
Nordea Bank AB		120,000		2,092
Sandvik AB		62,500		1,341
Scania AB, Cl B		25,508		622
Securitas AB, Cl B		21,000		277
Securitas Direct AB, Cl B*		21,000		62
Securitas Systems AB, Cl B		21,000		78
Skandinaviska Enskilda Banken AB		31,800		1,034
Skanska AB, Cl B		26,700		529
SKF AB, Cl B		27,400		577
SSAB Svenskt Stal AB, Ser A		10,800		400
Svenska Cellulosa AB, Cl. B		13,400		250
Svenska Handelsbanken AB, Cl A		34,400		1,068
Swedish Match AB		19,800		412
Tele2 AB, Cl B		21,600		467
Telefonaktiebolaget LM Ericsson		862,800		3,456
TeliaSonera AB		128,000		1,157
Sweden—continued
Volvo AB, Cl A		29,285		509
Volvo AB, Cl B		62,750		1,093
				20,029
Switzerland (1.9%)
ABB Ltd.		48,024		1,265
Adecco SA		3,501		207
Compagnie Financiere Richemont SA		13,422		890
Credit Suisse Group		25,015		1,661
Holcim Ltd.		5,322		588
Nestle SA		7,781		3,496
Nobel Biocare Holding AG		629		170
Novartis AG		44,241		2,442
Roche Holding Ltd.		14,297		2,593
STMicroelectronics NV(a)		63,878		1,074
Swiss Re		7,590		676
Swisscom AG		602		229
Syngenta AG		2,815		607
UBS AG		45,155		2,429
Xstrata PLC		27,114		1,799
Zurich Financial Services		3,134		940
				21,066
United Kingdom (10.7%)
3I Group PLC		19,601		400
Allied Irish Banks PLC		4,950		119
AMVESCAP PLC		39,160		530
Anglo American PLC		51,706		3,479
AstraZeneca PLC		63,309		3,172
Aviva PLC		114,364		1,722
BAE Systems PLC		158,327		1,598
Barclays PLC		272,811		3,324
Barratt Developments PLC		14,512		222
BG Group PLC		168,866		2,923
BHP Billiton PLC		99,279		3,554
Biffa PLC		17,326		78
BP PLC		810,087		9,405
British American Tobacco PLC		62,005		2,222
British Land Co. PLC (The)		25,812		619
British Sky Broadcasting Group PLC		56,421		802
BT Group PLC		358,533		2,252
Bunzl PLC		16,806		241
Burberry Group PLC		21,810		293
Cadbury Schweppes PLC		102,399		1,188
Capita Group PLC		29,587		438

See Notes to Financial Statements.

24

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Index Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
United Kingdom—continued
Carnival PLC		8,468		404
Centrica PLC		181,410		1,412
Compass Group PLC		100,105		618
CRH PLC		3,324		131
Daily Mail & General Trust PLC		14,668		189
Diageo PLC		101,577		2,232
DSG International PLC		91,240		252
EMAP PLC		10,689		192
Enterprise Inns PLC		27,605		334
Experian Group Ltd.		51,122		541
Friends Provident PLC		92,012		324
GKN PLC		34,813		252
GlaxoSmithKline PLC		224,861		5,966
Hammerson PLC		14,123		339
Hays PLC		72,491		197
HBOS PLC		159,373		2,982
Home Retail Group PLC		44,118		336
HSBC Holdings PLC		440,183		8,145
ICAP PLC		25,085		270
Imperial Chemical Industries PLC		59,068		788
Imperial Tobacco Group PLC		29,676		1,360
InterContinental Hotels Group PLC		14,586		290
International Personal Finance		12,688		51
International Power PLC		75,052		693
ITV PLC		192,592		404
J Sainsbury PLC		76,939		909
Johnson Matthey PLC		10,850		370
Kelda Group PLC		13,656		241
Kingfisher PLC		118,555		434
Land Securities Group PLC		23,708		816
Legal & General Group PLC		323,487		884
Liberty International PLC		12,575		294
Lloyds TSB Group PLC		247,430		2,746
Man Group PLC		88,581		1,003
Marks & Spencer Group PLC		84,120		1,059
Mondi Ltd.		14,205		135
National Grid PLC		122,248		1,961
Next PLC		11,244		452
Old Mutual PLC		258,788		849
Pearson PLC		39,938		619
Persimmon PLC		14,078		278
United Kingdom—continued
Provident Financial PLC		6,344		116
Prudential PLC		113,118		1,739
Punch Taverns PLC		12,598		254
Reckitt Benckiser PLC		27,687		1,627
Reed Elsevier PLC		62,987		796
Rentokil Initial PLC		89,852		307
Reuters Group PLC		63,216		832
Rio Tinto PLC		41,461		3,586
Rolls-Royce PLC		89,282		954
Royal & Sun Alliance Insurance Group PLC		151,157		478
Royal Bank of Scotland Group PLC (The)		380,941		4,091
Royal Dutch Shell PLC, Cl A		1,042		43
Royal Dutch Shell PLC, Cl B		123,919		5,101
SABMiller PLC		43,810		1,248
Sage Group PLC (The)		65,479		334
Scottish & Newcastle PLC		39,650		496
Scottish & Southern Energy PLC		42,682		1,319
Segro PLC		21,576		220
Severn Trent PLC		11,544		333
Smith & Nephew PLC		46,709		571
Smiths Group PLC		18,934		414
Tate & Lyle PLC		23,905		197
Tesco PLC		321,733		2,891
Tomkins PLC		39,274		183
Unilever PLC		56,848		1,797
United Business Media PLC		12,517		177
United Utilities PLC		43,456		622
Vodafone Group PLC		2,168,713		7,831
Whitbread PLC		9,884		328
William Hill Organization Ltd.		17,476		230
Wolseley PLC		32,648		552
WPP Group PLC		58,299		790
Yell Group PLC		38,591		339
				121,129
Total Foreign Common Stocks (Cost $623,375)				1,052,369
Foreign Preferred Stocks (0.7%)
Germany (0.6%)
Fresenius Medical Care AG, 1.230%		27,672		1,472
Porsche AG, 5.000%		1,211		2,586

See Notes to Financial Statements.

25

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

International Equity Index Fund — concluded

	Shares or
	Principal
	Amount($)		Value($)
Germany—continued
ProSiebenSat.1 Media AG, 0.840%		13,959		439
RWE AG, 1.750%		3,957		443
Volkswagen AG, 1.210%		14,633		2,008
				6,948
Italy (0.1%)
Compagnia Assicuratrice Unipol SpA, 0.125%		204,815		643
Total Foreign Preferred Stocks (Cost $2,899)				7,591
Exchange Traded Funds (3.6%)
iShares MSCI Germany Index Fund(a)		104,000		3,598
iShares MSCI EAFE Index Fund(a)		398,000		32,887
iShares MSCI Italy Index Fund(a)		69,000		2,404
iShares MSCI Japan Index Fund(a)		120,000		1,722
iShares MSCI Spain Index Fund		9,000		547
Total Exchange Traded Funds (Cost $38,016)				41,158
Rights (0.1%)
Belgium (0.1%)
Fortis		139,668		741
Japan (0.0%)
Dowa Mining Rights(c)(d)		25,000		—
Total Rights (Cost $577)				741
Short-Term Investments (16.4%)
Brown Brothers Harriman & Co., Cayman Islands Cash Sweep		15,467		15,467
Credit Suisse Flagship Fund (USA) LLC (b)		170,486,998		170,487
Total Short-Term Investments (Cost $185,954)				185,954
Total Investments (Cost $850,823)(e) — 113.9%				1,287,815
Liabilities in excess of other assets — (13.9)%				(156,868	)
Net Assets — 100.0%			$	1,130,947

*	Non-income producing security.
(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $166,669.
(b)	This security was purchased with cash collateral held from securities lending.
(c)	Market value is zero.
(d)	Valued at fair value using methods determined by the Board. Fair valued securities held by the Fund represent 0.00% of net assets as of September 30, 2007.
(e)	Cost for federal income tax purposes is $873,898 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	425,055
Unrealized Depreciation		(11,138	)
Unrealized Appreciation	$	413,917

ADR	— American Depositary Receipt
Cl	— Class
PLC	— Public Liability Company
REIT	— Real Estate Investment Trust
SER	— Series

Amounts listed as “—” are $0 or have been rounded to $0.

The investment concentrations for the International Equity Index Fund as a percentage of net assets, by industry, as of September 30, 2007, were as follows:

Consumer Discretionary	10.9%
Consumer Staples	6.1%
Energy	6.4%
Financials	27.0%
Health Care	4.0%
Industrials	11.7%
Information Technology	5.5%
Materials	7.6%
Metals	0.3%
Short-Term Investments	21.3%
Telecommunication Services	6.1%
Transportation	0.1%
Utilities	6.9%

See Notes to Financial Statements.

26

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Large Cap Core Equity Fund

	Shares		Value($)
Common Stocks (99.6%)
Consumer Discretionary (9.7%)
Circuit City Stores, Inc.(a)		1,000,000		7,910
Darden Restaurants, Inc.		542,900		22,726
Lennar Corp., Cl A(a)		600,000		13,590
McGraw-Hill Cos., Inc. (The)		400,000		20,364
Omnicom Group, Inc.		400,000		19,236
Target Corp.(a)		225,000		14,303
Time Warner, Inc.(a)		1,600,000		29,376
Tyco International Ltd.(a)		450,000		19,953
Walt Disney Co. (The)(a)		550,000		18,915
				166,373
Consumer Staples (9.8%)
Anheuser-Busch Cos., Inc.		350,000		17,496
Cadbury Schweppes PLC ADR(a)		550,000		25,586
ConAgra Foods, Inc.(a)		1,000,000		26,130
CVS/Caremark Corp.(a)		650,000		25,759
Hershey Co. (The)(a)		300,000		13,923
PepsiCo, Inc.		300,000		21,978
Procter & Gamble Co. (The)		300,000		21,102
Wal-Mart Stores, Inc.		350,000		15,278
				167,252
Energy (11.1%)
Anadarko Petroleum Corp.(a)		300,000		16,125
Baker Hughes, Inc.(a)		225,000		20,333
Chevron Corp.(a)		475,000		44,450
ConocoPhillips		350,000		30,720
Exxon Mobil Corp.		450,000		41,652
Spectra Energy Corp.(a)		800,000		19,584
Valero Energy Corp.(a)		250,000		16,795
				189,659
Financials (18.4%)
American International Group, Inc.(a)		400,000		27,060
Ameriprise Financial, Inc.		300,000		18,933
Bank of America Corp.		650,000		32,676
Berkshire Hathaway, Inc., Cl B*		5,000		19,760
Capital One Financial Corp.(a)		200,000		13,286
Citigroup, Inc.(a)		700,000		32,669
Discover Financial Services*(a)		500,000		10,400
Genworth Financial, Inc., Cl A		550,000		16,902
Legg Mason, Inc.(a)		150,000		12,644
Financials—continued
Morgan Stanley(a)		325,000		20,475
Principal Financial Group, Inc.		300,000		18,927
Progressive Corp. (The)(a)		1,200,000		23,292
State Street Corp.(a)		250,000		17,040
UBS AG ADR		400,000		21,300
Washington Mutual, Inc.(a)		289,643		10,227
Wells Fargo & Co.(a)		550,000		19,591
				315,182
Health Care (12.2%)
Abbott Laboratories		369,270		19,800
Amgen, Inc.*(a)		375,000		21,214
Bristol-Myers Squibb Co.		900,000		25,938
Cardinal Health, Inc.		325,000		20,322
Covidien Ltd.*		525,000		21,787
Eli Lilly & Co.		400,000		22,772
Johnson & Johnson(a)		300,000		19,710
Medtronic, Inc.(a)		475,000		26,795
Pfizer, Inc.		1,200,000		29,316
				207,654
Industrials (12.2%)
3M Co.		225,000		21,056
Burlington Northern Santa Fe Corp.(a)		200,000		16,234
Dover Corp.		450,000		22,927
Eaton Corp.		225,000		22,284
Emerson Electric Co.		350,000		18,627
Equifax, Inc.		550,000		20,966
General Electric Co.(a)		1,000,000		41,400
Goodrich Corp.		320,000		21,834
Tyco Electronics Ltd.		650,000		23,029
				208,357
Information Technology (16.9%)
Accenture Ltd., Cl A(a)		600,000		24,150
Applied Materials, Inc.(a)		900,000		18,630
Cadence Design Systems, Inc.*(a)		800,000		17,752
Cisco Systems, Inc.*		1,000,000		33,110
Dell, Inc.*		800,000		22,080
Hewlett-Packard Co.		425,000		21,161
Intel Corp.		1,200,000		31,032
Jabil Circuit, Inc.(a)		700,000		15,988
Microsoft Corp.		1,000,000		29,460
Motorola, Inc.		413,064		7,654
Nokia Corp. ADR		450,000		17,068
Paychex, Inc.(a)		460,000		18,860

See Notes to Financial Statements.

27

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Large Cap Core Equity Fund — concluded

	Shares		Value($)
Information Technology—continued
Texas Instruments, Inc.(a)		300,000		10,977
Western Union Co.		1,000,000		20,970
				288,892
Materials (2.6%)
E.I. du Pont de Nemours & Co.(a)		550,000		27,258
Praxair, Inc.		200,000		16,752
Sonoco Products Co.		37,111		1,120
				45,130
Telecommunication Services (4.1%)
AT&T, Inc.(a)		900,000		38,079
Sprint Nextel Corp.(a)		1,700,000		32,300
				70,379
Utilities (2.6%)
Duke Energy Corp.(a)		1,200,000		22,428
Edison International		400,000		22,180
				44,608
Total Common Stocks (Cost $1,374,063)				1,703,486
Short-Term Investments (25.9%)
Credit Suisse Flagship Fund (USA) LLC(b)		442,463,690		442,464
Total Short-Term Investments (Cost $442,464)				442,464
Money Market Funds (0.2%)
STI Classic Institutional Cash Management Money Market Fund(c)		3,629,011		3,629
Total Money Market Funds (Cost $3,629)				3,629
Total Investments
(Cost $1,820,156)(d) — 125.7%				2,149,579
Liabilities in excess of other assets — (25.7)%				(439,538	)
Net Assets — 100.0%			$	1,710,041

*	Non-income producing security.
(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $430,688.
(b)	This security was purchased with cash collateral held from securities lending.
(c)	Affiliate investment.
(d)	Cost for federal income tax purposes is $1,822,117. Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	370,720
Unrealized Depreciation		(43,258	)
Unrealized Appreciation	$	327,462

ADR	— American Depositary Receipt
Cl	— Class
PLC	— Public Limited Company

See Notes to Financial Statements.

28

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Large Cap Growth Stock Fund

	Shares		Value($)
Common Stocks (98.5%)
Consumer Discretionary (13.0%)
Amazon.com, Inc.*(a)		116,120		10,817
Coach, Inc.*		268,881		12,710
EchoStar Communications Corp.*		197,350		9,238
GameStop Corp., Cl A*(a)		181,525		10,229
Guess?, Inc.		121,750		5,969
Johnson Controls, Inc.		102,650		12,124
McDonald’s Corp.(a)		203,000		11,057
Starwood Hotels & Resorts Worldwide, Inc.		156,700		9,520
Target Corp.(a)		199,186		12,662
Walt Disney Co. (The)(a)		276,230		9,500
				103,826
Consumer Staples (9.5%)
Anheuser-Busch Cos., Inc.		206,584		10,327
Avon Products, Inc.(a)		244,073		9,160
Colgate-Palmolive Co.		170,021		12,126
Costco Wholesale Corp.(a)		118,375		7,265
PepsiCo, Inc.		248,754		18,224
Procter & Gamble Co. (The)		265,939		18,706
				75,808
Energy (9.4%)
Cameron International Corp.*(a)		124,000		11,444
Diamond Offshore Drilling, Inc.(a)		78,900		8,939
Exxon Mobil Corp.		148,890		13,781
Halliburton Co.(a)		312,111		11,985
Schlumberger Ltd.(a)		184,462		19,368
Valero Energy Corp.(a)		138,750		9,321
				74,838
Financials (4.9%)
AFLAC, Inc.		242,425		13,828
Blackstone Group LP (The)*(a)		173,837		4,360
Janus Capital Group, Inc.(a)		259,325		7,334
JPMorgan Chase & Co.(a)		107,624		4,931
Morgan Stanley		139,170		8,767
				39,220
Health Care (14.1%)
Aetna, Inc.		288,675		15,666
Allergan, Inc.(a)		189,475		12,216
Baxter International, Inc.		303,968		17,107
Express Scripts, Inc.*(a)		263,900		14,731
Health Care—continued
Gilead Sciences, Inc.*(a)		355,175		14,516
Johnson & Johnson(a)		233,199		15,321
Schering-Plough Corp.(a)		619,583		19,597
UnitedHealth Group, Inc.		73,300		3,550
				112,704
Industrials (13.3%)
AGCO Corp.*(a)		182,654		9,273
Boeing Co. (The)(a)		165,743		17,401
Cooper Industries Ltd., Cl A		151,100		7,720
Cummins, Inc.		85,725		10,964
Deere & Co.		64,325		9,547
Emerson Electric Co.		255,279		13,586
General Electric Co.		215,176		8,908
Honeywell International, Inc.		249,671		14,848
Raytheon Co.		216,049		13,788
				106,035
Information Technology (30.6%)
Accenture Ltd., Cl A(a)		201,825		8,124
Adobe Systems, Inc.*(a)		293,175		12,800
Apple, Inc.*(a)		160,175		24,593
ASML Holding NV*(a)		390,810		12,842
Cisco Systems, Inc.*		961,018		31,819
Corning, Inc.(a)		592,945		14,616
EMC Corp.*(a)		630,316		13,111
Google, Inc., Cl A*(a)		15,153		8,596
Hewlett-Packard Co.		428,556		21,339
Intel Corp.		480,350		12,422
International Business Machines Corp.(a)		73,312		8,636
Intersil Corp., Cl A		244,676		8,180
Juniper Networks, Inc.*(a)		275,125		10,072
MEMC Electronic Materials, Inc.*		146,575		8,627
Microsoft Corp.		652,047		19,209
NVIDIA Corp.*(a)		304,450		11,033
Oracle Corp.*		581,663		12,593
Synopsys, Inc.*		195,125		5,284
VMware, Inc., Cl A*(a)		14,800		1,258
				245,154
Materials (3.2%)
Praxair, Inc.		206,585		17,303
Southern Copper Corp.(a)		68,825		8,523
				25,826

See Notes to Financial Statements.

29

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Large Cap Growth Stock Fund — concluded

	Shares		Value($)
Telecommunications (0.5%)
AT&T, Inc.(a)		104,177		4,408
Total Common Stocks (Cost $619,579)				787,819
Short-Term Investments (34.8%)
Credit Suisse Flagship Fund (USA) LLC(b)		278,754,518		278,755
Total Short-Term Investments (Cost $278,755)				278,755
Money Market Funds (1.5%)
STI Classic Institutional Cash Management Money Market Fund(c)		11,899,156		11,899
Total Money Market Funds (Cost $11,899)				11,899
Total Investments (Cost $910,233)(d) — 134.8%				1,078,473
Liabilities in excess of other assets — (34.8)%				(278,487	)
Net Assets — 100.0%				$799,986

*	Non-income producing security.
(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $272,108.
(b)	This security was purchased with cash collateral held from securities lending.
(c)	Affiliate investment.
(d)	Cost for federal income tax purposes is $911,148 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	173,558
Unrealized Depreciation		(6,233	)
Unrealized Appreciation	$	167,325

Cl	— Class
LP	— Limited Partnership

See Notes to Financial Statements.

30

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Large Cap Quantitative Equity Fund

	Shares		Value($)
Common Stocks (99.0%)
Consumer Discretionary (9.9%)
Amazon.com, Inc.*		19,709		1,836
Avnet, Inc.*		43,523		1,735
Big Lots, Inc.*		42,801		1,277
Darden Restaurants, Inc.		30,651		1,283
Eastman Kodak Co.		47,896		1,282
GameStop Corp., Cl A*		24,006		1,353
Gap, Inc. (The)		74,933		1,382
General Motors Corp.		49,850		1,829
Hasbro, Inc.		46,548		1,298
Loews Corp. — Carolina Group		43,338		3,564
McGraw-Hill Cos., Inc. (The)		29,976		1,526
NIKE, Inc., Cl B		28,409		1,666
Omnicom Group, Inc.		28,987		1,394
Sherwin-Williams Co. (The)		19,284		1,267
Textron, Inc.		37,965		2,362
Walt Disney Co. (The)		73,742		2,536
				27,590
Consumer Staples (8.4%)
Coca-Cola Enterprises, Inc.		145,539		3,525
ConAgra Foods, Inc.		143,536		3,751
Kellogg Co.		67,450		3,777
Kroger Co. (The)		146,374		4,174
Owens-Illinois, Inc.*		47,143		1,954
Pepsi Bottling Group, Inc. (The)		99,324		3,692
RadioShack Corp.		54,641		1,129
Tiffany & Co.		26,128		1,368
				23,370
Energy (11.4%)
Chevron Corp.		62,806		5,877
Exxon Mobil Corp.		113,461		10,502
Halliburton Co.		67,095		2,577
Murphy Oil Corp.		32,139		2,246
National-Oilwell Varco, Inc.*		16,803		2,428
Noble Energy, Inc.		27,537		1,929
Tesoro Corp.		34,538		1,589
Valero Energy Corp.		35,721		2,400
Williams Cos., Inc. (The)		66,482		2,264
				31,812
Financials (15.5%)
ACE Ltd.		41,760		2,529
American International Group, Inc.		82,998		5,615
Aon Corp.		52,345		2,346
Assurant, Inc.		42,266		2,261
Chubb Corp. (The)		47,509		2,548
Citigroup, Inc.		99,405		4,639
Financials—continued
Janus Capital Group, Inc.		78,024		2,207
JPMorgan Chase & Co.		114,031		5,225
KeyCorp		69,090		2,234
MBIA, Inc.		37,639		2,298
MetLife, Inc.		46,222		3,223
ProLogis		38,496		2,554
Prudential Financial, Inc.		32,292		3,151
XL Capital Ltd., Cl A		30,644		2,427
				43,257
Health Care (11.5%)
Aetna, Inc.		56,142		3,047
Baxter International, Inc.		56,738		3,193
Biogen Idec, Inc.*		40,690		2,699
CIGNA Corp.		50,076		2,669
Coventry Health Care, Inc.*		43,474		2,704
DaVita, Inc.*		39,794		2,514
Express Scripts, Inc.*		47,702		2,663
Humana, Inc.*		39,529		2,762
Medco Health Solutions, Inc.*		32,468		2,935
Schering-Plough Corp.		107,793		3,409
UnitedHealth Group, Inc.		73,709		3,570
				32,165
Industrials (13.7%)
Allied Waste Industries, Inc.*		151,382		1,930
Boeing Co. (The)		35,198		3,696
Deere & Co.		18,199		2,701
Energizer Holdings, Inc.*		32,111		3,560
Fluor Corp.		15,997		2,303
Honeywell International, Inc.		49,392		2,937
KBR, Inc.*		54,623		2,118
L-3 Communications Holdings, Inc.		21,434		2,189
Lam Research Corp.*		32,557		1,734
Lockheed Martin Corp.		26,126		2,834
Masco Corp.		81,935		1,898
McDermott International, Inc.*		39,854		2,155
Northrop Grumman Corp.		30,544		2,382
Raytheon Co.		39,823		2,542
Republic Services, Inc., Cl A		58,590		1,917
Snap-on, Inc.		25,196		1,248
				38,144
Information Technology (14.7%)
Apple, Inc.*		30,296		4,652
Applied Materials, Inc.		109,433		2,265
BMC Software, Inc.*		60,820		1,899
CA, Inc.		76,702		1,973
Dell, Inc.*		109,553		3,024

See Notes to Financial Statements.

31

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Large Cap Quantitative Equity Fund — concluded

	Shares		Value($)
Information Technology—continued
Hewlett-Packard Co.		88,557		4,409
International Business Machines Corp.		42,197		4,971
McAfee, Inc.*		46,543		1,623
Microsoft Corp.		171,661		5,057
Novell, Inc.*		243,620		1,861
NVIDIA Corp.*		61,952		2,245
QUALCOMM, Inc.		78,344		3,311
Symantec Corp.*		108,386		2,100
Teradyne, Inc.*		121,222		1,673
				41,063
Insurance (4.1%)
Axis Capital Holdings Ltd.		55,122		2,145
Cincinnati Financial Corp.		50,762		2,198
Everest Re Group Ltd.		19,473		2,147
Travelers Cos., Inc. (The)		53,032		2,670
Unum Group		89,472		2,189
				11,349
Materials (1.8%)
Freeport-McMoRan Copper & Gold, Inc., Cl B		28,241		2,962
Southern Copper Corp.		17,847		2,210
				5,172
Telecommunication Services (4.6%)
AT&T, Inc.		134,842		5,705
Discovery Holding Co., Cl A*		45,273		1,306
Liberty Media Corp.*		9,943		1,241
Sprint Nextel Corp.		81,932		1,557
Verizon Communications, Inc.		68,753		3,045
				12,854
Utilities (3.4%)
DTE Energy Co.		29,158		1,413
Edison International		29,345		1,627
FirstEnergy Corp.		25,709		1,628
FPL Group, Inc.		29,117		1,773
Utilities—continued
Mirant Corp.*		30,039		1,222
Public Service Enterprise Group, Inc.		19,559		1,721
				9,384
Total Common Stocks (Cost $262,006)				276,160
Total Investments (Cost $262,006)(a) — 99.0%				276,160
Other assets in excess of liabilities — 1.0%				2,845
Net Assets — 100.0%			$	279,005

*	Non-income producing security.
(a)	Cost for federal income tax purposes is $263,588 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	17,658
Unrealized Depreciation		(5,086	)
Unrealized Appreciation	$	12,572

Cl — Class

See Notes to Financial Statements.

32

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Large Cap Value Equity Fund

	Shares		Value($)
Common Stocks (97.8%)
Consumer Discretionary (7.4%)
Advance Auto Parts, Inc.(a)		188,717		6,333
Foot Locker, Inc.		361,150		5,537
Home Depot, Inc.(a)		172,500		5,596
Leggett & Platt, Inc.(a)		287,800		5,514
Macy’s, Inc.		577,562		18,667
Marriott International, Cl A(a)		141,800		6,164
News Corp., Cl A		395,050		8,687
OfficeMax, Inc.		181,712		6,227
Time Warner, Inc.(a)		494,350		9,076
Tyco International Ltd.		216,900		9,617
Weyerhaeuser Co.		92,000		6,652
				88,070
Consumer Staples (9.9%)
Avon Products, Inc.(a)		331,250		12,432
Clorox Co. (The)(a)		194,000		11,832
Colgate-Palmolive Co.		166,600		11,882
ConAgra Foods, Inc.		482,450		12,606
CVS/Caremark Corp.		332,800		13,189
Fomento Economico Mexicano S.A.B. de C.V. ADR		350,981		13,127
Hershey Co. (The)(a)		257,300		11,941
PepsiCo, Inc.		165,950		12,157
Procter & Gamble Co. (The)		168,650		11,863
Wal-Mart Stores, Inc.		129,500		5,653
				116,682
Energy (13.6%)
Anadarko Petroleum Corp.(a)		358,100		19,248
Apache Corp.		134,950		12,154
Chevron Corp.		319,900		29,936
ConocoPhillips		395,800		34,740
Exxon Mobil Corp.		438,700		40,606
Marathon Oil Corp.		225,050		12,832
Spectra Energy Corp.		472,441		11,565
				161,081
Financials (25.2%)
AMB Property Corp.(a)		160,250		9,585
American International Group, Inc.		279,100		18,881
Bank of America Corp.		620,700		31,203
Citigroup, Inc.		706,029		32,950
Colonial BancGroup, Inc. (The)(a)		417,300		9,022
Financials—continued
Discover Financial Services*(a)		278,254		5,788
Genworth Financial, Inc., Cl A		399,750		12,284
Hartford Financial Services Group, Inc. (The)		129,300		11,967
HCC Insurance Holdings, Inc.(a)		233,050		6,675
JPMorgan Chase & Co.(a)		396,216		18,155
Lincoln National Corp.		192,850		12,722
Merrill Lynch & Co., Inc.		122,000		8,696
Morgan Stanley(a)		131,608		8,291
Northern Trust Corp.(a)		156,000		10,338
Principal Financial Group, Inc.(a)		205,350		12,955
Protective Life Corp.		146,900		6,234
Regions Financial Corp.		368,700		10,869
State Street Corp.(a)		139,600		9,515
U.S. Bancorp(a)		367,250		11,947
Wachovia Corp.(a)		591,200		29,649
Washington Mutual, Inc.(a)		277,700		9,806
Zions Bancorp(a)		163,900		11,255
				298,787
Health Care (7.8%)
Bristol-Myers Squibb Co.		325,400		9,378
Brookdale Senior Living, Inc.(a)		199,337		7,936
Cooper Cos., Inc. (The)(a)		126,750		6,644
Covidien Ltd.*		229,750		9,535
Johnson & Johnson(a)		394,200		25,899
Pfizer, Inc.		978,400		23,902
Wyeth		204,200		9,097
				92,391
Industrials (15.2%)
3M Co.		147,000		13,756
Aircastle Ltd.(a)		182,050		6,084
American Standard Cos., Inc.(a)		162,450		5,787
Emerson Electric Co.		433,354		23,063
General Electric Co.		956,250		39,590
Illinois Tool Works, Inc.(a)		329,950		19,678
R.R. Donnelley & Sons Co.		262,950		9,613
Tyco Electronics Ltd.		274,000		9,708
United Parcel Service, Inc., Cl B(a)		171,650		12,891
United Technologies Corp.		272,450		21,927

See Notes to Financial Statements.

33

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Large Cap Value Equity Fund — concluded

	Shares		Value($)
Industrials—continued
UTI Worldwide, Inc.		266,400		6,122
Waste Management, Inc.		307,950		11,622
				179,841
Information Technology (3.6%)
Alcatel-Lucent ADR		675,300		6,874
Electronic Data Systems Corp.		273,850		5,981
Harris Corp.		96,725		5,590
Jabil Circuit, Inc.(a)		265,350		6,060
Motorola, Inc.(a)		663,900		12,302
Tektronix, Inc.		212,750		5,902
				42,709
Materials (3.9%)
Alcoa, Inc.		270,850		10,596
E.I. du Pont de Nemours & Co.(a)		192,300		9,530
Peabody Energy Corp.(a)		198,600		9,507
Rohm & Haas Co.(a)		177,000		9,853
Sonoco Products Co.		197,382		5,957
				45,443
Telecommunication Services (5.2%)
AT&T, Inc.(a)		621,900		26,312
Sprint Nextel Corp.(a)		800,150		15,203
Verizon Communications, Inc.		466,410		20,653
				62,168
Utilities (6.0%)
Dominion Resources, Inc.(a)		107,218		9,038
Duke Energy Corp.		492,656		9,208
Edison International		174,350		9,668
Entergy Corp.(a)		85,850		9,297
FPL Group, Inc.(a)		156,300		9,515
Public Service Enterprise Group, Inc.		106,100		9,336
TECO Energy, Inc.(a)		343,853		5,649
Xcel Energy, Inc.(a)		432,850		9,324
				71,035
Total Common Stocks (Cost $1,019,918)				1,158,207
Short-Term Investments (28.2%)
Credit Suisse Flagship Fund (USA) LLC(b)		334,157,550		334,158
Total Short-Term Investments (Cost $334,158)				334,158
Money Market Funds (2.5%)
STI Classic Institutional Cash Management Money Market Fund(c)		30,209,229		30,209
Total Money Market Funds (Cost $30,209)				30,209
Total Investments
(Cost $1,384,285)(d) — 128.5%				1,522,574
Liabilities in excess of other assets — (28.5)%				(337,296	)
Net Assets — 100.0%			$	1,185,278

*	Non-income producing security.
(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $323,827.
(b)	This security was purchased with cash collateral held from securities lending.
(c)	Affiliate investment.
(d)	Cost for federal income tax purposes is $1,384,811 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	163,339
Unrealized Depreciation		(25,576	)
Unrealized Appreciation	$	137,763

ADR	— American Depositary Receipt
Cl	— Class

See Notes to Financial Statements.

34

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Mid-Cap Core Equity Fund

	Shares		Value($)
Common Stocks (98.6%)
Consumer Discretionary (12.7%)
American Eagle Outfitters, Inc.(a)		139,451		3,669
Darden Restaurants, Inc.		86,962		3,640
Hilton Hotels Corp.		54,203		2,520
International Game Technology		65,330		2,816
J.C. Penney Co., Inc.		42,265		2,678
Mattel, Inc.(a)		140,152		3,288
McGraw-Hill Cos., Inc. (The)		47,000		2,393
Men’s Wearhouse, Inc. (The)		66,663		3,368
Mohawk Industries, Inc.*(a)		31,038		2,523
Newell Rubbermaid, Inc.		117,223		3,378
Nordstrom, Inc.(a)		67,833		3,181
Omnicom Group, Inc.		61,000		2,934
Sotheby’s(a)		63,220		3,021
Whirlpool Corp.(a)		30,634		2,729
				42,138
Consumer Staples (6.4%)
Church & Dwight Co., Inc.(a)		79,512		3,740
ConAgra Foods, Inc.		167,728		4,383
Hershey Co. (The)(a)		74,037		3,436
Kroger Co. (The)		81,922		2,336
Pepsi Bottling Group, Inc. (The)		100,298		3,728
Reynolds American, Inc.(a)		55,003		3,498
				21,121
Energy (8.2%)
Anadarko Petroleum Corp.		49,817		2,678
Cameron International Corp.*(a)		55,005		5,076
Chesapeake Energy Corp.(a)		97,907		3,452
Core Laboratories NV*		10,819		1,378
Diamond Offshore Drilling, Inc.(a)		32,675		3,702
Noble Energy, Inc.		72,879		5,105
Spectra Energy Corp.		102,000		2,497
Tesoro Corp.(a)		74,359		3,422
				27,310
Financials (15.2%)
AMB Property Corp.(a)		49,488		2,960
Ameriprise Financial, Inc.		60,446		3,815
Arch Capital Group Ltd.*		30,174		2,245
Discover Financial Services*		151,844		3,158
Entertainment Properties Trust(a)		45,453		2,309
Genworth Financial, Inc., Cl A		127,106		3,906
Janus Capital Group, Inc.(a)		132,053		3,735
Jones Lang LaSalle, Inc.(a)		31,686		3,256
Legg Mason, Inc.		28,026		2,362
M&T Bank Corp.		21,315		2,205
Financials—continued
Marshall & Ilsley Corp.		96,202		4,211
Principal Financial Group, Inc.		61,902		3,905
Progressive Corp. (The)(a)		180,501		3,504
ProLogis(a)		49,337		3,274
Raymond James Financial, Inc.(a)		93,010		3,055
SL Green Realty Corp.(a)		21,925		2,560
				50,460
Health Care (9.6%)
Becton, Dickinson & Co.(a)		40,228		3,301
Celgene Corp.*(a)		46,271		3,300
Endo Pharmaceutical Holdings, Inc.*		94,033		2,916
Henry Schein, Inc.*(a)		56,809		3,456
Laboratory Corp. of America Holdings*(a)		54,107		4,233
Millipore Corp.*(a)		56,127		4,254
Thermo Fisher Scientific, Inc.*(a)		71,025		4,099
Universal Health Services, Inc., Cl B		68,386		3,722
Wellcare Health Plans, Inc.*(a)		26,017		2,743
				32,024
Industrials (16.4%)
American Standard Cos., Inc.(a)		75,770		2,699
Copart, Inc.*		97,664		3,359
Covanta Holding Corp.*(a)		133,130		3,263
CSX Corp.		64,313		2,748
Curtiss-Wright Corp.(a)		60,179		2,858
Dover Corp.		84,184		4,289
Eaton Corp.		50,700		5,021
Equifax, Inc.		115,760		4,413
Goodrich Corp.		64,378		4,393
Ingersoll-Rand Co. Ltd., Cl A		86,169		4,694
L-3 Communications Holdings, Inc.		31,486		3,216
PACCAR, Inc.		32,951		2,809
Packaging Corp. of America		150,049		4,362
Toro Co. (The)		57,931		3,408
Tyco Electronics Ltd.		78,631		2,786
				54,318
Information Technology (16.0%)
BMC Software, Inc.*		124,482		3,888
Cadence Design Systems, Inc.*		219,043		4,860
Fiserv, Inc.*		67,658		3,441
Harris Corp.		52,181		3,015
Jabil Circuit, Inc.		197,624		4,514
Juniper Networks, Inc.*		141,935		5,197

See Notes to Financial Statements.

35

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Mid-Cap Core Equity Fund — concluded

	Shares		Value($)
Information Technology—continued
NCR Corp.*		56,212		2,799
Novellus Systems, Inc.*(a)		134,879		3,677
Paychex, Inc.(a)		88,375		3,623
Sybase, Inc.*(a)		108,639		2,513
Teradyne, Inc.*(a)		179,608		2,479
Total System Services, Inc.(a)		143,362		3,983
VeriSign, Inc.*(a)		84,938		2,866
Vishay Intertechnology, Inc.*(a)		194,412		2,533
VMware, Inc., Cl A*(a)		5,200		442
Xerox Corp.*		185,653		3,219
				53,049
Materials (5.4%)
Air Products & Chemicals, Inc.		23,000		2,249
Albemarle Corp.		70,714		3,126
FMC Corp.		74,268		3,863
Lyondell Chemical Co.(a)		68,639		3,181
Steel Dynamics, Inc.(a)		51,408		2,401
United States Steel Corp.		29,820		3,159
				17,979
Telecommunication Services (2.2%)
Qwest Communications International, Inc.*(a)		374,869		3,434
Telephone & Data Systems, Inc.(a)		55,870		3,729
				7,163
Utilities (6.5%)
American Electric Power Co., Inc.		75,943		3,499
Edison International		72,710		4,032
MDU Resources Group, Inc.		122,013		3,397
OGE Energy Corp.		101,951		3,375
PG&E Corp.(a)		92,246		4,409
Xcel Energy, Inc.(a)		129,598		2,791
				21,503
Total Common Stocks (Cost $266,669)				327,065
Short-Term Investments (35.3%)
Credit Suisse Flagship Fund (USA) LLC(b)		117,309,871		117,310
Total Short-Term Investments (Cost $117,310)				117,310
Money Market Funds (0.2%)
STI Classic Institutional Cash Management Money Market Fund(c)		814,297		814
Total Money Market Funds (Cost $814)				814
Total Investments
(Cost $384,793)(d) — 134.1%				445,189
Liabilities in excess of other assets — (34.1)%				(113,293	)
Net Assets — 100.0%			$	331,896

*	Non-income producing security.
(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $113,516.
(b)	This security was purchased with cash collateral held from securities lending.
(c)	Affiliate investment.
(d)	Cost for federal income tax purposes is $386,526 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	63,552
Unrealized Depreciation		(4,889	)
Unrealized Appreciation	$	58,663

Cl — Class

See Notes to Financial Statements.

36

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Mid-Cap Value Equity Fund

	Shares		Value($)
Common Stocks (98.0%)
Consumer Discretionary (7.9%)
Foot Locker, Inc.		242,000		3,710
Gannett Co., Inc.(a)		69,800		3,050
Gap, Inc. (The)		103,700		1,912
General Motors Corp.(a)		58,900		2,162
Harman International Industries, Inc.		29,800		2,578
Macy’s, Inc.		159,541		5,156
Marriott International, Cl A		38,700		1,682
OfficeMax, Inc.		147,900		5,069
				25,319
Consumer Staples (9.9%)
Avon Products, Inc.		101,200		3,798
Campbell Soup Co.(a)		94,400		3,493
Clorox Co. (The)(a)		90,400		5,513
ConAgra Foods, Inc.		120,700		3,154
Fomento Economico Mexicano S.A.B. de C.V. ADR		95,500		3,572
Hershey Co. (The)(a)		121,000		5,616
Longs Drug Stores Corp.(a)		55,400		2,752
Sara Lee Corp.(a)		224,100		3,740
				31,638
Energy (10.7%)
Anadarko Petroleum Corp.(a)		95,000		5,106
Arch Coal, Inc.		110,200		3,718
BJ Services Co.(a)		125,400		3,329
Cameco Corp.		47,200		2,183
Chesapeake Energy Corp.(a)		45,400		1,601
Hess Corp.		68,000		4,524
Spectra Energy Corp.		188,000		4,602
Sunoco, Inc.(a)		47,000		3,327
TransCanada Corp.		67,600		2,475
Williams Cos., Inc. (The)		99,865		3,401
				34,266
Financials (26.0%)
Alexandria Real Estate Equities, Inc.(a)		32,800		3,157
AMB Property Corp.		41,500		2,482
Annaly Capital Management, Inc.		202,000		3,218
Assurant, Inc.		67,800		3,627
Bear Stearns Cos., Inc. (The)(a)		16,800		2,063
Brookfield Properties Corp.		145,850		3,632
Colonial BancGroup, Inc. (The)(a)		203,837		4,407
Discover Financial Services*		242,300		5,040
Genworth Financial, Inc., Cl A		162,900		5,006
Financials—continued
HCC Insurance Holdings, Inc.		82,500		2,363
Lazard Ltd., Cl A(a)		73,100		3,099
Legg Mason, Inc.		41,700		3,515
Lincoln National Corp.		39,000		2,573
M&T Bank Corp.		23,800		2,462
Marsh & McLennan Cos., Inc.(a)		134,800		3,437
OneBeacon Insurance Group Ltd.		113,500		2,446
Pacific Capital Bancorp(a)		128,600		3,382
Principal Financial Group, Inc.		87,800		5,539
Regions Financial Corp.		107,000		3,154
StanCorp Financial Group, Inc.		78,500		3,887
State Street Corp.(a)		52,300		3,565
Sterling Financial Corp.(a)		150,200		4,042
Ventas, Inc.(a)		67,500		2,795
Zions Bancorp		61,300		4,210
				83,101
Health Care (4.2%)
Brookdale Senior Living, Inc.(a)		99,200		3,949
Cooper Cos., Inc. (The)(a)		65,400		3,428
Covidien Ltd.*		84,200		3,494
Quest Diagnostics, Inc.(a)		42,300		2,444
				13,315
Industrials (10.7%)
Aircastle Ltd.		132,858		4,440
American Standard Cos., Inc.		66,400		2,365
Con-way, Inc.(a)		50,800		2,337
Gol Linhas Aereas Inteligentes SA ADR(a)		133,200		3,197
Macquarie Infrastructure Co. LLC(a)		128,100		4,943
R.R. Donnelley & Sons Co.		94,400		3,451
Tyco International Ltd.		109,700		4,864
UTI Worldwide, Inc.		225,500		5,182
Waste Management, Inc.(a)		92,000		3,472
				34,251
Information Technology (7.5%)
Alcatel-Lucent ADR		360,700		3,672
Electronic Data Systems Corp.		152,800		3,337
Harris Corp.		39,000		2,254
Jabil Circuit, Inc.		133,800		3,056
Nam Tai Electronics, Inc.		174,356		2,193
Paychex, Inc.		38,900		1,595

See Notes to Financial Statements.

37

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Mid-Cap Value Equity Fund — concluded

	Shares		Value($)
Information Technology—continued
Seagate Technology		74,000		1,893
Tektronix, Inc.		86,200		2,391
Tyco Electronics Ltd.		102,200		3,621
				24,012
Materials (4.8%)
Albemarle Corp.		33,700		1,490
Cytec Industries, Inc.		31,400		2,148
FMC Corp.		34,300		1,784
Louisiana-Pacific Corp.(a)		131,400		2,230
Nalco Holding Co.		84,700		2,511
Sonoco Products Co.		90,400		2,728
Weyerhaeuser Co.		36,100		2,610
				15,501
Telecommunication Services (2.6%)
Embarq Corp.		106,300		5,910
Virgin Media, Inc.(a)		101,800		2,471
				8,381
Utilities (13.7%)
American Electric Power Co., Inc.		88,500		4,078
Edison International		92,000		5,101
Entergy Corp.		49,000		5,306
Integrys Energy Group, Inc.(a)		76,300		3,909
PG&E Corp.(a)		108,900		5,206
Public Service Enterprise Group, Inc.		57,900		5,095
Sempra Energy(a)		85,700		4,981
TECO Energy, Inc.(a)		293,800		4,827
Xcel Energy, Inc.(a)		240,400		5,179
				43,682
Total Common Stocks (Cost $305,458)				313,466
Short-Term Investments (26.1%)
Credit Suisse Flagship Fund (USA) LLC(b)		83,519,502		83,520
Total Short-Term Investments (Cost $83,520)				83,520
Money Market Funds (2.0%)
STI Classic Institutional Cash Management Money Market Fund(c)		6,405,042		6,405
Total Money Market Funds (Cost $6,405)				6,405
Total Investments (Cost $395,383)(d) — 126.1%				403,391
Liabilities in excess of other assets — (26.1)%				(83,620	)
Net Assets — 100.0%			$	319,771

*	Non-income producing security.
(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $81,149.
(b)	This security was purchased with cash collateral held from securities lending.
(c)	Affiliate investment.
(d)	Cost for federal income tax purposes is $395,947 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	17,570
Unrealized Depreciation		(10,126	)
Unrealized Appreciation	$	7,444

ADR	— American Depositary Receipt
Cl	— Class
LLC	— Limited Liability Company

See Notes to Financial Statements.

38

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Select Large Cap Growth Stock Fund

	Shares		Value($)
Common Stocks (97.7%)
Consumer Discretionary (6.6%)
Coach, Inc.*		50,770		2,400
Omnicom Group, Inc.		57,540		2,767
Target Corp.(a)		51,820		3,294
				8,461
Consumer Staples (8.9%)
Costco Wholesale Corp.(a)		48,490		2,976
PepsiCo, Inc.		58,640		4,296
Procter & Gamble Co. (The)		60,510		4,256
				11,528
Energy (8.1%)
Baker Hughes, Inc.(a)		31,170		2,817
Cameron International Corp.*		24,950		2,303
Diamond Offshore Drilling, Inc.		22,500		2,549
Schlumberger Ltd.(a)		27,060		2,841
				10,510
Financials (7.4%)
AFLAC, Inc.		57,720		3,293
State Street Corp.		39,380		2,684
T. Rowe Price Group, Inc.(a)		63,490		3,536
				9,513
Health Care (18.4%)
Baxter International, Inc.		65,100		3,664
Express Scripts, Inc.*		46,900		2,618
Genentech, Inc.*(a)		33,890		2,644
Gilead Sciences, Inc.*(a)		72,430		2,960
Merck & Co., Inc.		51,160		2,644
Stryker Corp.		43,530		2,993
Thermo Fisher Scientific, Inc.*(a)		60,510		3,493
UnitedHealth Group, Inc.		55,620		2,694
				23,710
Industrials (14.7%)
Boeing Co. (The)		26,040		2,734
Danaher Corp.		31,940		2,642
Emerson Electric Co.		66,600		3,544
Precision Castparts Corp.(a)		18,110		2,680
Raytheon Co.		58,800		3,753
United Technologies Corp.		44,670		3,595
				18,948
Information Technology (29.6%)
Adobe Systems, Inc.*(a)		66,820		2,917
Apple, Inc.*		25,760		3,955
Cisco Systems, Inc.*		132,800		4,398
Dell, Inc.*		68,800		1,899
Google, Inc., Cl A*		4,480		2,541
Hewlett-Packard Co.		94,960		4,726
Intel Corp.		121,496		3,142
Microsoft Corp.		119,196		3,512
NVIDIA Corp.*		68,970		2,500
Oracle Corp.*		153,918		3,332
Information Technology—continued
	Shares		Value($)
QUALCOMM, Inc.		66,650		2,817
Texas Instruments, Inc.(a)		65,000		2,378
				38,116
Materials (4.0%)
Praxair, Inc.		61,660		5,165
Total Common Stocks (Cost $102,453)				125,952
Warrant (0.0)%
Information Technology (0.0)%
Lucent Technologies, Inc.		22,693		—
Total Warrants (Cost $—)				—
Short-Term Investments (20.3)%
Credit Suisse Flagship Fund (USA) LLC(b)		26,126,900		26,127
Total Short-Term Investments (Cost $26,127)				26,127
Money Market Funds (2.3)%
STI Classic Institutional Cash Management Money Market Fund(c)		2,973,294		2,973
Total Money Market Funds (Cost $2,973)				2,973
Total Investments (Cost $131,553)(d) — 120.3%				155,052
Liabilities in excess of other assets — (20.3)%				(26,214	)
Net Assets — 100.0%			$	128,838

*	Non-income producing security.
(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $25,599.
(b)	This security was purchased with cash collateral held from securities lending.
(c)	Affiliate investment.
(d)	Cost for federal income tax purposes is $131,640 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	24,034
Unrealized Depreciation		(622	)
Unrealized Appreciation	$	23,412

Cl	— Class
Amounts listed as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

39

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Small Cap Growth Stock Fund

	Shares		Value($)
Common Stocks (99.3%)
Consumer Discretionary (16.1%)
Aeropostale, Inc.*		295,888		5,640
Brightpoint, Inc.*		317,024		4,758
Chipotle Mexican Grill, Inc., Cl A*(a)		28,882		3,412
Deckers Outdoor Co.*(a)		67,167		7,375
DeVry, Inc.		200,940		7,437
Fossil, Inc.*(a)		180,703		6,751
Gymboree Corp., (The)*(a)		160,336		5,650
J. Crew Group, Inc.*(a)		58,605		2,432
Jack in the Box, Inc.*(a)		82,385		5,342
Jarden Corp.*(a)		115,804		3,583
McCormick & Schmick’s Seafood Restaurants, Inc.*		173,292		3,263
Phillips-Van Heusen Corp.		73,615		3,863
Priceline.com, Inc.*(a)		83,466		7,408
Smith & Wesson Holding Corp.*		194,083		3,705
Sotheby’s(a)		99,971		4,778
Strayer Education, Inc.		28,873		4,869
Tempur-Pedic International, Inc.(a)		269,673		9,641
Tupperware Brands Corp.(a)		96,939		3,053
Universal Electronics, Inc.*		145,980		4,744
Vail Resorts, Inc.*(a)		73,903		4,603
WMS Industries, Inc.*(a)		238,276		7,887
Zumiez, Inc.*(a)		90,495		4,015
				114,209
Consumer Staples (2.5%)
Collective Brands, Inc.*		88,875		1,961
Corn Products International, Inc.		97,712		4,482
Flowers Foods, Inc.(a)		258,587		5,637
Hain Celestial Group, Inc., (The)*(a)		165,092		5,304
				17,384
Energy (4.9%)
Atwood Oceanics, Inc.*(a)		93,876		7,187
Core Laboratories NV*		49,620		6,321
Matrix Service Co.*(a)		232,309		4,867
NATCO Group, Inc., Cl A*		137,764		7,130
Oceaneering International, Inc.*		67,085		5,085
PetroQuest Energy, Inc.*(a)		386,785		4,150
				34,740
Financials (6.4%)
Capstead Mortgage Corp.		171,340		1,761
Corporate Office Properties Trust(a)		81,661		3,399
Digital Reality Trust, Inc.(a)		128,310		5,054
FelCor Lodging Trust, Inc.(a)		116,356		2,319
GFI Group, Inc.*		48,688		4,193
Hanover Insurance Group, Inc., (The)		126,855		5,606
Navigators Group, Inc., (The)*		83,444		4,527
RLI Corp.(a)		72,567		4,116
SVB Financial Group*(a)		114,182		5,408
Tanger Factory Outlet Centers, Inc.(a)		65,009		2,639
Waddell & Reed Financial, Inc., Cl A		123,182		3,329
World Acceptance Corp.*(a)		95,849		3,171
				45,522
Health Care (20.7%)
Alexion Pharmaceuticals, Inc.*(a)		131,840		8,589
Align Technology, Inc.*(a)		265,905		6,735
Alkermes, Inc.*(a)		257,571		4,739
Alliance Imaging, Inc.*		539,470		4,888
AMAG Pharmaceuticals, Inc.*(a)		73,028		4,177
BioMarin Pharmaceutical, Inc.*(a)		343,929		8,564
ev3, Inc.*(a)		187,944		3,086
Genomic Health, Inc.*(a)		195,484		3,751
HealthExtras, Inc.*		146,296		4,071
Immucor, Inc.*(a)		253,360		9,058
inVentiv Health, Inc.*(a)		173,267		7,593
K-V Pharmaceutical Co.*		96,093		2,748
LifeCell Corp.*(a)		189,640		7,125
MedCath Corp.*		147,182		4,042
Meridian Bioscience, Inc.		298,188		9,041
MGI Pharma, Inc.*(a)		212,417		5,901
NuVasive, Inc.*(a)		215,450		7,741
Omnicell, Inc.*(a)		226,445		6,463
OSI Pharmaceuticals, Inc.*(a)		58,168		1,977
Palomar Medical Technologies, Inc.*(a)		125,606		3,578
Phase Forward, Inc.*(a)		340,976		6,823
Psychiatric Solutions, Inc.*(a)		218,383		8,578

See Notes to Financial Statements.

40

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Small Cap Growth Stock Fund — continued

	Shares		Value($)
Health Care—continued
Varian, Inc.*		118,450		7,535
West Pharmaceutical Services, Inc.(a)		114,080		4,753
XenoPort, Inc.*(a)		105,675		4,972
				146,528
Industrials (17.1%)
Ceradyne, Inc.*(a)		61,651		4,670
Columbus McKinnon Corp.*(a)		155,761		3,877
COMSYS IT Partners, Inc.*		255,426		4,294
Consolidated Graphics, Inc.*		85,015		5,338
Curtiss-Wright Corp.		145,249		6,899
EMCOR Group, Inc.*(a)		208,537		6,540
EnPro Industries, Inc.*		75,611		3,070
FormFactor, Inc.*(a)		111,998		4,969
Heidrick & Struggles International, Inc.*		101,599		3,703
Hub Group, Inc., Cl A*(a)		194,770		5,849
Kaman Corp.		161,613		5,585
Kansas City Southern, Inc.*(a)		133,982		4,310
Korn/Ferry International*(a)		176,547		2,915
Orbital Sciences Corp.*(a)		264,141		5,875
Pike Electric Corp.*(a)		224,246		4,207
RBC Bearings, Inc.*(a)		153,844		5,900
Titan International, Inc.		86,192		2,751
TransDigm Group, Inc.*		175,743		8,033
UAP Holding Corp.(a)		235,983		7,400
URS Corp.*		73,282		4,137
Wabtec Corp.(a)		162,548		6,089
Woodward Governor Co.		124,767		7,786
Zoltek Cos., Inc.*(a)		149,012		6,501
				120,698
Information Technology (23.9%)
ANADIGICS, Inc.*(a)		448,064		8,102
Anixter International, Inc.*(a)		84,792		6,991
ANSYS, Inc.*(a)		146,976		5,022
Ariba, Inc.*		498,955		5,379
Arris Group, Inc.*(a)		323,570		3,996
Atheros Communications*(a)		209,256		6,271
Authorize.Net Holdings, Inc.*		192,690		3,397
Bankrate, Inc.*(a)		84,869		3,914
Blackboard, Inc.*(a)		103,918		4,764
Blue Coat Systems, Inc.*		72,990		5,749
CommScope, Inc.*(a)		52,574		2,641
Information Technology—continued
Comtech Group, Inc.*(a)		249,241		4,539
Comtech Telecommunications Corp.*(a)		104,776		5,604
Digital River, Inc.*(a)		135,507		6,064
Dionex Corp.*(a)		76,691		6,094
Double-Take Software, Inc.*		281,891		5,387
Foundry Networks, Inc.*		214,299		3,808
Global Sources Ltd.*		28,875		640
IHS, Inc., Cl A*(a)		114,906		6,491
j2 Global Communications, Inc.*		149,971		4,909
Micrel, Inc.		363,637		3,927
NETGEAR, Inc.*		192,683		5,861
Netlogic Microsystems, Inc.*(a)		157,914		5,702
NICE Systems Ltd.*		131,018		4,696
Nuance Communications, Inc.*(a)		312,539		6,035
ON Semiconductor Corp.*		600,650		7,544
Perficient, Inc.*(a)		236,882		5,181
Radiant Systems, Inc.*		226,000		3,578
Radvision Ltd.*		147,365		2,588
Synchronoss Technologies, Inc.*(a)		77,795		3,272
Tessera Technologies, Inc.*		147,492		5,531
THQ, Inc.*(a)		214,306		5,353
Varian Semiconductor Equipment Associates, Inc.*(a)		93,678		5,014
VASCO Data Security International, Inc.*(a)		146,257		5,164
ViaSat, Inc.*		4,089		126
				169,334
Materials (6.2%)
Ameron International Corp.(a)		43,758		4,628
Arch Chemicals, Inc.		50,581		2,371
Astec Industries, Inc.*		109,150		6,271
Claymont Steel Holdings, Inc.*(a)		133,253		2,698
H.B. Fuller Co.(a)		186,825		5,545
Hercules, Inc.		317,534		6,675
Koppers Holdings, Inc.		81,089		3,131
Silgan Holdings, Inc.		85,867		4,615
Terra Industries, Inc.*(a)		251,745		7,870
				43,804

See Notes to Financial Statements.

41

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Small Cap Growth Stock Fund — concluded

	Shares		Value($)
Telecommunication Services (1.5%)
Cbeyond, Inc.*(a)		167,713		6,841
ShoreTel, Inc.*		270,014		3,866
				10,707
Total Common Stocks (Cost $584,677)				702,926
Warrants (0.0%)
Health Care (0.0%)
Drugmax, Inc.(b)(g)		1,301,500		—
Telecommunications (0.0%)
Sunair Services Corp.(b)(c)(g)		350,000		—
Total Warrants (Cost $163)				—
Short-Term Investments (46.7%)
Credit Suisse Flagship Fund (USA) LLC(d)		331,097,318		331,097
Total Short-Term Investments (Cost $331,097)				331,097
Money Market Funds (1.3%)
STI Classic Institutional Cash Management Money Market Fund(e)		8,900,948		8,901
Total Money Market Funds (Cost $8,901)				8,901
Total Investments (Cost $924,838)(f) — 147.3%				1,042,924
Liabilities in excess of other assets — (47.3)%				(334,691	)
Net Assets — 100.0%			$	708,233

*	Non-income producing security.
(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $319,658.

(b)	Market value is zero.
(c)	The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid securities held by the Fund as of September 30, 2007 are identified below (amounts in thousands):

									Percent of
	Acquisition		Cost				Value		Net Assets
Issue Description	Date		($)		Shares		($)		(%)
Sunair		12/15/05		—		350		—		—
Services Corp. Warrants

(d)	This security was purchased with cash collateral held from securities lending.
(e)	Affiliate investment.
(f)	Cost for federal income tax purposes is $925,789. Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	138,709
Unrealized Depreciation		(21,574	)
Unrealized Appreciation	$	117,135

(g) Valued at fair value using methods determined by the Board. Fair valued securities held by the Fund represent 0.00% of net assets as of September 30, 2007.

Cl	— Class
Amounts listed as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

42

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Small Cap Value Equity Fund

	Shares		Value($)
Common Stocks (97.7%)
Consumer Discretionary (15.5%)
Aaron Rents, Inc.(a)		262,900		5,863
ABM Industries, Inc.		134,238		2,682
Asbury Automotive Group, Inc.(a)		191,539		3,794
Bassett Furniture Industries, Inc.		204,700		2,125
bebe stores, inc.(a)		422,934		6,188
Bon-Ton Stores, Inc. (The)(a)		67,100		1,525
Brown Shoe Co., Inc.(a)		709,468		13,764
Brunswick Corp.(a)		28,700		656
Christopher & Banks Corp.(a)		339,000		4,109
Cinemark Holdings, Inc.(a)		127,800		2,372
Circuit City Stores, Inc.(a)		168,600		1,334
CKE Restaurants, Inc.(a)		32,154		521
Cobra Electronics Corp.		321,100		2,164
Courier Corp.		67,600		2,380
Foot Locker, Inc.		107,400		1,646
Group 1 Automotive, Inc.(a)		162,800		5,465
Interface, Inc., Cl A		390,900		7,056
K-Swiss, Inc., Cl A		302,100		6,921
Movado Group, Inc.		206,526		6,592
OfficeMax, Inc.		140,400		4,812
Sauer-Danfoss, Inc.		68,800		1,836
Stage Stores, Inc.		296,754		5,410
Stanley Furniture Co., Inc.(a)		58,600		952
Teleflex, Inc.		20,300		1,582
Thor Industries, Inc.(a)		112,500		5,061
Tuesday Morning Corp.(a)		365,218		3,283
World Wrestling Entertainment, Inc.		336,900		5,080
				105,173
Consumer Staples (4.0%)
Church & Dwight Co., Inc.(a)		151,027		7,105
Flowers Foods, Inc.		137,900		3,006
Gruma SA ADR(a)		136,700		1,792
Longs Drug Stores Corp.(a)		242,000		12,020
PRIMEDIA, Inc.(a)		170,189		2,390
Regis Corp.(a)		22,100		705
				27,018
Energy (6.5%)
CARBO Ceramics, Inc.(a)		157,200		7,975
CHC Helicopter Corp., Cl A		627,700		15,849
Foundation Coal Holdings, Inc.(a)		237,500		9,310
RPC, Inc.(a)		172,400		2,450
Energy—continued
Tidewater, Inc.		91,000		5,718
Ultrapar Participacoes SA ADR(a)		79,600		3,083
				44,385
Financials (19.1%)
Bank of Hawaii Corp.		174,400		9,217
Banner Corp.(a)		89,000		3,061
Capital Corp. of the West(a)		46,100		849
Cash America International, Inc.(a)		492,600		18,522
Cathay General Bancorp(a)		100,100		3,224
CBRE Realty Finance, Inc.		304,100		1,794
City National Corp.(a)		72,300		5,026
Corporate Executive Board Corp. (The)(a)		167,300		12,420
East West Bancorp, Inc.(a)		81,155		2,918
Federal Agricultural Mortgage Corp., Cl A(a)		76,189		2,237
Glacier Bancorp, Inc.(a)		296,098		6,668
HCC Insurance Holdings, Inc.(a)		395,450		11,326
Horizon Financial Corp.(a)		255,032		5,172
International Bancshares Corp.(a)		122,210		2,652
MoneyGram International, Inc.(a)		486,800		10,997
OneBeacon Insurance Group Ltd.		362,700		7,816
Quadra Realty Trust, Inc.		43,253		412
St. Joe Co. (The)(a)		19,400		652
StanCorp Financial Group, Inc.		217,100		10,749
UCBH Holdings, Inc.(a)		303,400		5,304
Washington Federal, Inc.(a)		171,604		4,506
West Coast Bancorp		170,853		4,854
				130,376
Health Care (11.0%)
Cooper Cos., Inc. (The)(a)		534,196		28,003
Dr. Reddy’s Laboratories Ltd. ADR(a)		54,110		885
PerkinElmer, Inc.		316,500		9,245
Perrigo Co.(a)		303,600		6,482
STERIS Corp.(a)		949,000		25,936
Vital Signs, Inc.		80,094		4,176
				74,727

See Notes to Financial Statements.

43

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Small Cap Value Equity Fund — continued

	Shares		Value($)
Industrials (24.8%)
Administaff, Inc.(a)		289,700		10,516
American Ecology Corp.(a)		119,900		2,541
BlueLinx Holdings, Inc.(a)		239,500		1,686
Donaldson Co., Inc.		140,000		5,846
Dynamic Materials Corp.(a)		296,900		14,219
Forward Air Corp.(a)		267,611		7,969
GATX Corp.(a)		394,500		16,865
Genesis Lease Ltd. ADR		39,400		980
Gol Linhas Aereas Inteligentes SA ADR(a)		49,500		1,188
Graco, Inc.(a)		342,900		13,411
Grupo Aeroportuario del Pacifico SA de CV ADR		574,900		31,388
Heartland Express, Inc.(a)		376,200		5,372
Herman Miller, Inc.(a)		286,000		7,762
IDEX Corp.		91,700		3,337
Lennox International, Inc.		63,531		2,147
LSI Industries, Inc.		207,787		4,264
Macquarie Infrastructure Co. LLC		8,000		309
McGrath Rentcorp		57,700		1,918
Multi-Color Corp.		53,550		1,222
Portec Rail Products, Inc.		145,427		1,696
Quixote Corp.		52,234		1,034
Seaspan Corp.		84,367		2,776
Twin Disc, Inc.		30,753		1,790
UAP Holding Corp.(a)		91,400		2,866
United Industrial Corp.(a)		105,000		7,902
UTI Worldwide, Inc.		246,200		5,658
Wabtec Corp.(a)		241,000		9,028
Walter Industries, Inc.		127,200		3,422
				169,112
Information Technology (6.0%)
Black Box Corp.(a)		139,600		5,969
Cohu, Inc.		260,100		4,877
Fair Isaac Corp.(a)		384,000		13,866
Ituran Location & Control Ltd.		91,700		1,105
Keithley Instruments, Inc.		246,700		2,615
Nam Tai Electronics, Inc.		337,200		4,242
Patni Computer Systems Ltd. ADR(a)		28,800		673
Tektronix, Inc.(a)		267,500		7,420
				40,767
Materials (7.7%)
Aber Diamond Corp.		127,300		4,982
Aceto Corp.		247,200		2,225
Materials—continued
Compass Minerals International, Inc.		215,300		7,329
Cytec Industries, Inc.		82,700		5,656
Greif, Inc., Cl A(a)		12,200		740
Louisiana-Pacific Corp.(a)		284,900		4,835
Methanex Corp.		49,300		1,252
Myers Industries, Inc.		104,096		2,063
RPM International, Inc.(a)		394,400		9,446
Scotts Miracle-Gro Co., Cl A (The)(a)		187,600		8,020
Valspar Corp. (The)		210,100		5,717
				52,265
Telecommunications (0.9%)
Alaska Communications Systems Group, Inc.		407,800		5,893
Utilities (2.2%)
Companhia de Saneamento Basico do Estado de San Paulo		81,400		4,021
PNM Resources, Inc.(a)		282,200		6,570
Portland General Electric Co.		154,800		4,303
				14,894
Total Common Stocks (Cost $587,354)				664,610
Short-Term Investments (37.6%)
Credit Suisse Flagship Fund (USA) LLC(b)		255,389,324		255,389
Total Short-Term Investments (Cost $255,389)				255,389
Money Market Funds (2.3%)
STI Classic Institutional Cash Management Money Market Fund(c)		15,805,477		15,805
Total Money Market Funds (Cost $15,805)				15,805
Total Investments (Cost $858,548)(d) — 137.6%				935,804
Liabilities in excess of other assets — (37.6)%				(255,903	)
Net Assets — 100.0%			$	679,901

(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $247,368.
(b)	This security was purchased with cash collateral held from securities lending.

See Notes to Financial Statements.

44

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Small Cap Value Equity Fund — concluded

(c)	Affiliate investment.
(d)	Cost for federal income tax purposes is $859,013. Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	116,301
Unrealized Depreciation		(39,510	)
Unrealized Appreciation	$	76,791

ADR	— American Depositary Receipt
Cl	— Class
LLC	— Limited Liability Company

See Notes to Financial Statements.

45

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Life Vision Aggressive Growth Fund

	Shares		Value($)
Equity Funds (92.5%)
STI Classic Aggressive Growth Stock Fund, I Shares*(a)		266,599		3,916
STI Classic Emerging Growth Stock Fund, I Shares*(a)		62,835		983
STI Classic International Equity Index Fund, I Shares(a)		491,405		9,951
STI Classic Large Cap Core Equity Fund, I Shares(a)		518,457		9,778
STI Classic Large Cap Growth Stock Fund, I Shares(a)		253,229		3,682
STI Classic Large Cap Quantitative Equity Fund, I Shares(a)		285,799		4,155
STI Classic Large Cap Value Equity Fund, I Shares(a)		346,996		5,628
STI Classic Mid-Cap Core Equity Fund, I Shares(a)		135,237		1,960
STI Classic Mid-Cap Value Equity Fund, I Shares(a)		35,661		489
STI Classic Select Large Cap Growth Stock Fund, I Shares(a)		118,308		3,673
STI Classic Small Cap Growth Stock Fund, I Shares*(a)		21,200		487
STI Classic Small Cap Value Equity Fund, I Shares(a)		27,078		491
Total Equity Funds (Cost $30,879)				45,193
Exchange Traded Funds (2.0%)
iShares MSCI Emerging Markets Index Fund*		6,503		970
Total Exchange Traded Funds (Cost $974)				970
Money Market Funds (5.9%)
STI Classic Prime Quality Money Market Fund, I Shares(a)		2,896,578		2,897
Total Money Market Funds (Cost $2,897)				2,897
Total Investments (Cost $34,750)(b) — 100.4%				49,060
Liabilities in excess of other assets — (0.4)%				(190	)
Net Assets — 100.0%			$	48,870

*	Non-income producing security.
(a)	Affiliate investment.
(b)	Cost for federal income tax purposes is $34,777. Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):
	Unrealized Appreciation	$	14,287
	Unrealized Depreciation		(4	)
	Unrealized Appreciation	$	14,283

See Notes to Financial Statements.

46

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Life Vision Conservative Fund

	Shares		Value($)
Equity Funds (27.4%)
STI Classic Aggressive Growth Stock Fund, I Shares*(a)		14,991		220
STI Classic Emerging Growth Stock Fund, I Shares*(a)		7,067		110
STI Classic International Equity Index Fund, I Shares(a)		30,396		615
STI Classic Large Cap Core Equity Fund, I Shares(a)		37,946		716
STI Classic Large Cap Growth Stock Fund, I Shares(a)		16,708		243
STI Classic Large Cap Quantitative Equity Fund, I Shares(a)		11,344		165
STI Classic Large Cap Value Equity Fund, I Shares(a)		22,397		364
STI Classic Mid-Cap Core Equity Fund, I Shares(a)		7,605		110
STI Classic Mid-Cap Value Equity Fund, I Shares(a)		8,021		110
STI Classic Select Large Cap Growth Stock Fund, I Shares(a)		7,806		242
STI Classic Small Cap Value Equity Fund, I Shares(a)		6,101		111
Total Equity Funds (Cost $2,344)				3,006
Fixed Income Funds (69.9%)
STI Classic Seix High Yield Fund, I Shares(a)		20,996		219
STI Classic Total Return Bond Fund, I Shares(a)		688,930		6,849
STI Classic U.S. Government Securities Ultra-Short Bond Fund, I Shares(a)		60,455		604
Total Fixed Income Funds (Cost $7,740)				7,672
Exchange Traded Funds (1.0%)
iShares MSCI Emerging Markets Index Fund*		730		108
Total Exchange Traded Funds (Cost $110)				108
Money Market Funds (2.0%)
STI Classic Prime Quality Money Market Fund, I Shares(a)		221,628		222
Total Money Market Funds (Cost $222)				222
Total Investments (Cost $10,416)(b) — 100.3%				11,008
Liabilities in excess of other assets — (0.3)%				(35	)
Net Assets — 100.0%			$	10,973

*	Non-income producing security.
(a)	Affiliate investment.
(b)	Cost for federal income tax purposes is $10,479. Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	619
Unrealized Depreciation		(90	)
Unrealized Appreciation	$	529

See Notes to Financial Statements.

47

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Life Vision Growth and Income Fund

	Shares		Value($)
Equity Funds (69.9%)
STI Classic Aggressive Growth Stock Fund, I Shares*(a)		513,230		7,539
STI Classic Emerging Growth Stock Fund, I Shares*(a)		115,200		1,802
STI Classic International Equity Index Fund, I Shares(a)		923,440		18,702
STI Classic Large Cap Core Equity Fund, I Shares(a)		973,100		18,353
STI Classic Large Cap Growth Stock Fund, I Shares(a)		478,714		6,960
STI Classic Large Cap Quantitative Equity Fund, I Shares(a)		369,876		5,378
STI Classic Large Cap Value Equity Fund, I Shares(a)		663,293		10,759
STI Classic Mid-Cap Core Equity Fund, I Shares(a)		247,356		3,584
STI Classic Mid-Cap Value Equity Fund, I Shares(a)		87,109		1,193
STI Classic Select Large Cap Growth Stock Fund, I Shares(a)		223,656		6,944
STI Classic Small Cap Growth Stock Fund, I Shares*(a)		51,824		1,189
STI Classic Small Cap Value Equity Fund, I Shares(a)		65,991		1,197
Total Equity Funds (Cost $56,929)				83,600
Fixed Income Funds (20.7%)
STI Classic Seix High Yield Fund, I Shares(a)		113,614		1,189
STI Classic Total Return Bond Fund, I Shares(a)		2,130,400		21,176
STI Classic U.S. Government Securities Ultra-Short Bond Fund, I Shares(a)		237,932		2,377
Total Fixed Income Funds (Cost $24,866)				24,742
Exchange Traded Funds (2.0%)
iShares MSCI Emerging Markets Index Fund*		15,855		2,365
Total Exchange Traded Funds (Cost $2,375)				2,365
Money Market Funds (7.6%)
STI Classic Prime Quality Money Market Fund, I Shares(a)		9,114,400		9,114
Total Money Market Funds (Cost $9,114)				9,114
Total Investments (Cost $93,284)(b) — 100.2%				119,821
Liabilities in excess of other assets — (0.2)%				(275	)
Net Assets — 100.0%			$	119,546

*	Non-income producing security.
(a)	Affiliate investment.
(b)	Cost for federal income tax purposes is $93,599. Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	26,446
Unrealized Depreciation		(224	)
Unrealized Appreciation	$	26,222

See Notes to Financial Statements.

48

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Life Vision Moderate Growth Fund

	Shares		Value($)
Equity Funds (50.7%)
STI Classic Aggressive Growth Stock Fund, I Shares*(a)		696,274		10,228
STI Classic Emerging Growth Stock Fund, I Shares*(a)		145,826		2,281
STI Classic International Equity Index Fund, I Shares(a)		1,283,055		25,981
STI Classic Large Cap Core Equity Fund, I Shares(a)		1,364,476		25,733
STI Classic Large Cap Growth Stock Fund, I Shares(a)		674,577		9,808
STI Classic Large Cap Quantitative Equity Fund, I Shares(a)		358,844		5,218
STI Classic Large Cap Value Equity Fund, I Shares(a)		907,072		14,713
STI Classic Mid-Cap Core Equity Fund, I Shares(a)		359,068		5,203
STI Classic Mid-Cap Value Equity Fund, I Shares(a)		82,470		1,130
STI Classic Select Large Cap Growth Stock Fund, I Shares(a)		315,051		9,782
STI Classic Small Cap Growth Stock Fund, I Shares*(a)		98,824		2,268
STI Classic Small Cap Value Equity Fund, I Shares(a)		62,486		1,134
Total Equity Funds (Cost $82,844)				113,479
Fixed Income Funds (40.9%)
STI Classic Seix High Yield Fund, I Shares(a)		215,204		2,251
STI Classic Total Return Bond Fund, I Shares(a)		8,296,861		82,470
STI Classic U.S. Government Securities Ultra-Short Bond Fund, I Shares(a)		675,986		6,754
Total Fixed Income Funds (Cost $92,192)				91,475
Exchange Traded Funds (1.0%)
iShares MSCI Emerging Markets Index Fund*		14,933		2,229
Total Exchange Traded Funds (Cost $2,237)				2,229
Money Market Funds (8.6%)
STI Classic Prime Quality Money Market Fund, I Shares(a)		19,138,127		19,138
Total Money Market Funds (Cost $19,138)				19,138
Total Investments (Cost $196,411)(b) — 101.2%				226,321
Liabilities in excess of other assets — (1.2)%				(2,663	)
Net Assets — 100.0%			$	223,658

*	Non-income producing security.
(a)	Affiliate investment.
(b)	Cost for federal income tax purposes is $199,433. Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	27,830
Unrealized Depreciation		(942	)
Unrealized Appreciation	$	26,888

See Notes to Financial Statements.

49

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Life Vision Target Date 2015 Fund

	Shares		Value($)
Equity Funds (78.9%)
STI Classic Aggressive Growth Stock Fund, I Shares*(a)		12,915		190
STI Classic Emerging Growth Stock Fund, I Shares*(a)		2,608		41
STI Classic International Equity Index Fund, I Shares(a)		23,774		481
STI Classic Large Cap Core Equity Fund, I Shares(a)		25,862		488
STI Classic Large Cap Growth Stock Fund, I Shares(a)		11,972		174
STI Classic Large Cap Quantitative Equity Fund, I Shares(a)		12,115		176
STI Classic Large Cap Value Equity Fund, I Shares(a)		17,060		277
STI Classic Mid-Cap Core Equity Fund, I Shares(a)		6,560		95
STI Classic Mid-Cap Value Equity Fund, I Shares(a)		1,977		27
STI Classic Select Large Cap Growth Stock Fund, I Shares(a)		5,591		173
STI Classic Small Cap Growth Stock Fund, I Shares*(a)		1,175		27
Total Equity Funds (Cost $1,934)				2,149
Fixed Income Funds (12.8%)
STI Classic Seix High Yield Fund, I Shares(a)		5,153		54
STI Classic Total Return Bond Fund, I Shares(a)		24,379		242
STI Classic U.S. Government Securities Ultra-Short Bond Fund, I Shares(a)		5,385		54
Total Fixed Income Funds (Cost $348)				350
Exchange Traded Funds (3.0%)
iShares MSCI Emerging Markets Index Fund*		363		55
iShares Russell 2000 Value Index Fund		351		27
Total Exchange Traded Funds (Cost $81)				82
Money Market Funds (5.0%)
STI Classic Prime Quality Money Market Fund, I Shares(a)		136,270		136
Total Money Market Funds (Cost $136)				136
Total Investments (Cost $2,499)(b) — 99.7%				2,717
Other assets in excess of liabilities — 0.3%				7
Net Assets — 100.0%			$	2,724

*	Non-income producing security.
(a)	Affiliate investment.
(b)	Cost for federal income tax purposes is $2,509. Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	211
Unrealized Depreciation		(3	)
Unrealized Appreciation	$	208

See Notes to Financial Statements.

50

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Life Vision Target Date 2025 Fund

	Shares		Value($)
Equity Funds (89.4%)
STI Classic Aggressive Growth Stock Fund, I Shares*(a)		32,059		471
STI Classic Emerging Growth Stock Fund, I Shares*(a)		5,667		89
STI Classic International Equity Index Fund, I Shares(a)		57,558		1,165
STI Classic Large Cap Core Equity Fund, I Shares(a)		62,422		1,177
STI Classic Large Cap Growth Stock Fund, I Shares(a)		29,638		431
STI Classic Large Cap Quantitative Equity Fund, I Shares(a)		32,346		470
STI Classic Large Cap Value Equity Fund, I Shares(a)		41,365		671
STI Classic Mid-Cap Core Equity Fund, I Shares(a)		16,262		236
STI Classic Mid-Cap Value Equity Fund, I Shares(a)		4,288		59
STI Classic Select Large Cap Growth Stock Fund, I Shares(a)		13,847		430
STI Classic Small Cap Growth Stock Fund, I Shares*(a)		2,549		58
Total Equity Funds (Cost $4,746)				5,257
Fixed Income Funds (3.0%)
STI Classic Total Return Bond Fund, I Shares(a)		17,656		176
Total Fixed Income Funds (Cost $175)				176
Exchange Traded Funds (3.0%)
iShares MSCI Emerging Markets Index Fund*		790		117
iShares Russell 2000 Value Index Fund		761		59
Total Exchange Traded Funds (Cost $174)				176
Money Market Funds (5.1%)
STI Classic Prime Quality Money Market Fund, I Shares(a)		299,479		299
Total Money Market Funds (Cost $299)				299
Total Investments (Cost $5,394)(b) — 100.5%				5,908
Liabilities in excess of other assets — (0.5)%				(28	)
Net Assets — 100.0%			$	5,880

*	Non-income producing security.
(a)	Affiliate investment.
(b)	Cost for federal income tax purposes is $5,411. Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	500
Unrealized Depreciation		(3	)
Unrealized Appreciation	$	497

See Notes to Financial Statements.

51

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Life Vision Target Date 2035 Fund

	Shares		Value($)
Equity Funds (89.2%)
STI Classic Aggressive Growth Stock Fund, I Shares*(a)		11,316		166
STI Classic Emerging Growth Stock Fund, I Shares*(a)		2,666		42
STI Classic International Equity Index Fund, I Shares(a)		20,727		421
STI Classic Large Cap Core Equity Fund, I Shares(a)		22,032		415
STI Classic Large Cap Growth Stock Fund, I Shares(a)		10,756		156
STI Classic Large Cap Quantitative Equity Fund, I Shares(a)		12,148		176
STI Classic Large Cap Value Equity Fund, I Shares(a)		14,876		241
STI Classic Mid-Cap Core Equity Fund, I Shares(a)		5,752		83
STI Classic Mid-Cap Value Equity Fund, I Shares(a)		1,519		21
STI Classic Select Large Cap Growth Stock Fund, I Shares(a)		5,023		156
STI Classic Small Cap Growth Stock Fund, I Shares*(a)		902		21
Total Equity Funds (Cost $1,709)				1,898
Fixed Income Funds (0.9%)
STI Classic Total Return Bond Fund, I Shares(a)		2,077		20
Total Fixed Income Funds (Cost $20)				20
Exchange Traded Funds (2.9%)
iShares MSCI Emerging Markets Index Fund*		278		42
iShares Russell 2000 Value Index Fund		269		20
Total Exchange Traded Funds (Cost $61)				62
Exchange Traded Funds—continued
Money Market Funds (5.4%)
STI Classic Prime Quality Money Market Fund, I Shares(a)		113,603		114
Total Money Market Funds (Cost $114)				114
Total Investments (Cost $1,904)(b) — 98.4%				2,094
Other assets in excess of liabilities — 1.6%				33
Net Assets — 100.0%			$	2,127

*	Non-income producing security.
(a)	Affiliate investment.
(b)	Cost for federal income tax purposes is $1,908. Unrealized appreciation/ (depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	189
Unrealized Depreciation		(3	)
Unrealized Appreciation	$	186

See Notes to Financial Statements.

52

STATEMENTS OF ASSETS AND LIABILITIES

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)
(Unaudited)

	Aggressive			Emerging						International						Large Cap
	Growth Stock			Growth Stock			International			Equity Index			Large Cap Core			Growth Stock
	Fund			Fund			Equity Fund			Fund			Equity Fund			Fund
Assets:
Total Investments, at Cost	$	446,445		$	159,565		$	1,128,788		$	850,823		$	1,820,156		$	910,233
Investments, at Value*	$	532,954		$	191,429		$	1,436,952		$	1,287,815		$	2,145,950		$	1,066,574
Investments in Affiliates, at Value (Cost $7,156, $3,937, $—, $—, $3,629 and $11,899, respectively)		7,156			3,937			—			—			3,629			11,899
Total Investments		540,110			195,366			1,436,952			1,287,815			2,149,579			1,078,473
Foreign Currency, at Value (Cost $—, $—, $11,868, $10,305, $— and $—, respectively)		—			—			12,004			11,206			—			—
Unrealized Appreciation on Forward Foreign Currency Exchange Contracts		—			—			12			—			—			—
Interest and Dividends Receivable		56			32			3,506			2,276			1,197			419
Receivable for Investment Securities Sold		132			131			42,454			—			9,193			—
Receivable for Capital Shares Issued		762			522			2,231			2,357			796			2,069
Reclaims Receivable		—			—			122			127			—			—
Prepaid Expenses		10			9			20			11			14			15
Total Assets		541,070			196,060			1,497,301			1,303,792			2,160,779			1,080,976
Liabilities:
Unrealized Depreciation on Forward Foreign Currency Exchange Contracts		—			—			62			—			—			—
Payable for Investment Securities Purchased		1,767			—			59,591			—			3,072			—
Payable for Capital Shares Redeemed		313			48			2,096			1,579			3,850			1,471
Payable for Collateral Received on Securities Loaned		169,780			51,888			140,272			170,487			442,464			278,755
Investment Advisory Fees Payable		318			123			1,119			430			1,113			614
Administration and Fund Accounting Fees Payable		2			1			12			14			7			5
Compliance Services Fees Payable		—			—			1			—			—			—
Distribution and Services Fees Payable		3			—			10			7			63			48
Custodian Fees Payable		4			6			239			235			16			12
Trustee Fees Payable		1			—			2			2			3			1
Other Fees Payable		27			10			100			91			150			84
Total Liabilities		172,215			52,076			203,504			172,845			450,738			280,990
Total Net Assets	$	368,855		$	143,984		$	1,293,797		$	1,130,947		$	1,710,041		$	799,986
Net Assets Consist of:
Capital	$	277,186		$	101,812		$	836,659		$	721,508		$	1,216,640		$	457,957
Accumulated Net Investment Income (Loss)		(1,343	)		(497	)		17,404			15,247			211			(81	)
Accumulated Net Realized Gain (Loss) from Investment Transactions and Foreign Currency Transactions		(653	)		6,868			131,398			(43,744	)		163,767			173,870
Net Unrealized Appreciation on Investments and Foreign Currency		93,665			35,801			308,336			437,936			329,423			168,240
Total Net Assets	$	368,855		$	143,984		$	1,293,797		$	1,130,947		$	1,710,041		$	799,986
Net Assets:
I Shares	$	364,462		$	143,056		$	1,269,042		$	1,117,177		$	1,597,397		$	682,081
A Shares	$	929		$	823		$	16,254		$	6,508		$	47,705		$	81,838
C Shares	$	3,464		$	105		$	8,501		$	7,262		$	64,939		$	36,067
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		24,817			9,145			68,556			55,137			84,707			46,903
A Shares		64			53			888			324			2,504			5,936
C Shares		244			7			493			373			3,492			2,818
Net Asset Value and Redemption Price Per Share:(a)
I Shares	$	14.69		$	15.64		$	18.51		$	20.26		$	18.86		$	14.54
A Shares	$	14.53		$	15.46		$	18.31		$	20.07		$	19.05		$	13.79
C Shares(b)	$	14.18		$	15.12		$	17.25		$	19.46		$	18.60		$	12.80
Offering Price Per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	14.69		$	15.64		$	18.51		$	20.26		$	18.86		$	14.54
A Shares	$	15.42		$	16.40		$	19.43		$	21.29		$	20.21		$	14.63
C Shares	$	14.18		$	15.12		$	17.25		$	19.46		$	18.60		$	12.80
Maximum Sales Charge — A Shares		5.75	%		5.75	%		5.75	%		5.75	%		5.75	%		5.75	%

Amounts designated as “ — ” are $0 or have been rounded to $0.

*	The Aggressive Growth Stock Fund, Emerging Growth Stock Fund, International Equity Fund, International Equity Index Fund, Large Cap Core Equity Fund and Large Cap Growth Stock Fund include securities on loan of $165,512, $50,360, $134,588, $166,669, $430,688 and $272,108, respectively.
(a)	Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.
(b)	Redemption price per share varies based on length of time shares are held.

See Notes to Financial Statements.

53

STATEMENTS OF ASSETS AND LIABILITIES

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)
(Unaudited)

	Large Cap			Large Cap									Select Large			Small Cap
	Quantitative			Value Equity			Mid-Cap Core			Mid-Cap Value			Cap Growth			Growth Stock
	Equity Fund			Fund			Equity Fund			Equity Fund			Stock Fund			Fund
Assets:
Total Investments, at Cost	$	262,006		$	1,384,285		$	384,793		$	395,383		$	131,553		$	924,838
Investments, at Value*	$	276,160		$	1,492,365		$	444,375		$	396,986		$	152,079		$	1,034,023
Investments in Affiliates, at Value (Cost $—, $30,209, $814, $6,405, $2,973 and $8,901, respectively)		—			30,209			814			6,405			2,973			8,901
Total Investments		276,160			1,522,574			445,189			403,391			155,052			1,042,924
Dividends Receivable		172			1,586			376			740			132			294
Receivable for Investment Securities Sold		2,997			9,449			3,238			5,535			—			20,166
Receivable for Capital Shares Issued		429			972			895			482			3			1,366
Prepaid Expenses		12			9			11			9			5			14
Total Assets		279,770			1,534,590			449,709			410,157			155,192			1,064,764
Liabilities:
Payable for Fund Overdraft		72			—			—			—			—			—
Payable for Investment Securities Purchased		—			9,621			—			6,299			—			21,346
Payable for Capital Shares Redeemed		450			4,629			178			270			92			3,316
Payable for Collateral Received on Securities Loaned		—			334,158			117,310			83,520			26,127			331,097
Investment Advisory Fees Payable		198			739			271			259			90			652
Administration and Fund Accounting Fees Payable		2			6			2			2			1			5
Compliance Services Fees Payable		1			—			3			—			—			—
Distribution and Services Fees Payable		1			47			11			6			26			22
Custodian Fees Payable		14			10			9			6			2			24
Trustee Fees Payable		—			2			1			—			—			1
Other Fees Payable		27			100			28			24			16			68
Total Liabilities		765			349,312			117,813			90,386			26,354			356,531
Total Net Assets	$	279,005		$	1,185,278		$	331,896		$	319,771		$	128,838		$	708,233
Net Assets Consist of:
Capital	$	238,489		$	947,968		$	247,896		$	268,659		$	275,967		$	408,534
Accumulated Net Investment Income (Loss)		(25	)		748			115			422			(6	)		(2,235	)
Accumulated Net Realized Gain (Loss) from Investment Transactions		26,387			98,273			23,489			42,682			(170,622	)		183,848
Net Unrealized Appreciation on Investments		14,154			138,289			60,396			8,008			23,499			118,086
Total Net Assets	$	279,005		$	1,185,278		$	331,896		$	319,771		$	128,838		$	708,233
Net Assets:
I Shares	$	276,623		$	1,083,646		$	310,817		$	309,876		$	95,793		$	664,622
A Shares	$	1,132		$	62,673		$	11,119		$	4,242		$	408		$	23,174
C Shares	$	1,250		$	38,959		$	9,960		$	5,653		$	32,637		$	20,437
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		18,899			66,806			21,450			22,621			3,085			28,955
A Shares		78			3,876			804			311			14			1,044
C Shares		89			2,435			787			416			1,141			999
Net Asset Value and Redemption Price Per Share:(a)
I Shares	$	14.64		$	16.22		$	14.49		$	13.70		$	31.05		$	22.96
A Shares	$	14.51		$	16.17		$	13.84		$	13.65		$	30.79		$	22.20
C Shares(b)	$	14.12		$	16.00		$	12.65		$	13.58		$	28.62		$	20.46
Offering Price Per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	14.64		$	16.22		$	14.49		$	13.70		$	31.05		$	22.96
A Shares	$	15.40		$	17.16		$	14.68		$	14.48		$	32.67		$	23.55
C Shares	$	14.12		$	16.00		$	12.65		$	13.58		$	28.62		$	20.46
Maximum Sales Charge — A Shares		5.75	%		5.75	%		5.75	%		5.75	%		5.75	%		5.75	%

Amounts designated as “ — ” are $0 or have been rounded to $0.

*		The Large Cap Value Equity Fund, Mid-Cap Core Equity Fund, Mid-Cap Value Equity Fund, Select Large Cap Growth Stock Fund and Small Cap Growth Stock Fund include securities on loan of $323,827, $113,516, $81,149, $25,599 and $319,658, respectively.
(a	)	Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.
(b	)	Redemption price per share varies based on length of time shares are held.

See Notes to Financial Statements.

54

STATEMENTS OF ASSETS AND LIABILITIES

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)
(Unaudited)

	Small Cap			Life Vision			Life Vision			Life Vision			Life Vision			Life Vision
	Value Equity			Aggressive			Conservative			Growth and			Moderate			Target Date
	Fund			Growth Fund			Fund			Income Fund			Growth Fund			2015 Fund
Assets:
Total Investments, at Cost	$	858,548		$	34,750		$	10,416		$	93,284		$	196,411		$	2,499
Investments, at Value*	$	919,999		$	970		$	108		$	2,365		$	2,229		$	82
Investments in Affiliates, at Value (Cost $15,805, $33,776, $10,306, $90,909, $194,174 and $2,418, respectively)		15,805			48,090			10,900			117,456			224,092			2,635
Total Investments		935,804			49,060			11,008			119,821			226,321			2,717
Interest and Dividends Receivable		1,099			11			34			141			453			2
Receivable for Capital Shares Issued		360			29			1			52			61			2
Prepaid Expenses		10			4			3			5			12			6
Total Assets		937,273			49,104			11,046			120,019			226,847			2,727
Liabilities:
Payable for Capital Shares Redeemed		1,268			219			66			431			3,122			—
Payable for Collateral Received on Securities Loaned		255,389			—			—			—			—			—
Investment Advisory Fees Payable		634			4			—			10			18			—
Administration and Fund Accounting Fees Payable		4			—			—			1			1			—
Distribution and Services Fees Payable		8			6			4			17			30			—
Custodian Fees Payable		11			1			2			2			1			2
Trustee Fees Payable		1			—			—			—			1			—
Other Fees Payable		57			4			1			12			16			1
Total Liabilities		257,372			234			73			473			3,189			3
Total Net Assets	$	679,901		$	48,870		$	10,973		$	119,546		$	223,658		$	2,724
Net Assets Consist of:
Capital	$	447,567		$	29,480		$	10,292		$	86,862		$	193,675		$	2,497
Accumulated Net Investment Income		483			1			12			37			139			1
Accumulated Net Realized Gain (Loss) from Investment Transactions		154,595			5,079			77			6,110			(66	)		8
Net Unrealized Appreciation on Investments		77,256			14,310			592			26,537			29,910			218
Total Net Assets	$	679,901		$	48,870		$	10,973		$	119,546		$	223,658		$	2,724
Net Assets:
I Shares	$	640,631		$	38,034		$	4,769		$	90,175		$	176,932		$	2,707
A Shares	$	7,006		$	3,661		$	581		$	6,095		$	10,421		$	17
B Shares		N/A		$	5,466		$	4,779		$	17,003		$	12,819			N/A
C Shares	$	32,264		$	1,709		$	844		$	6,273		$	23,486			N/A
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		35,318			2,707			411			6,600			15,580			220
A Shares		390			261			50			447			918			1
B Shares		N/A			394			411			1,246			1,132			N/A
C Shares		1,841			122			73			462			2,072			N/A
Net Asset Value and Redemption Price Per Share:(a)
I Shares	$	18.14		$	14.06		$	11.61		$	13.66		$	11.36		$	12.34
A Shares	$	17.98		$	14.02		$	11.62		$	13.65		$	11.35		$	12.33
B Shares(b)		N/A		$	13.87		$	11.61		$	13.64		$	11.33			N/A
C Shares(b)	$	17.52		$	14.00		$	11.60		$	13.59		$	11.34			N/A
Offering Price Per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	18.14		$	14.06		$	11.61		$	13.66		$	11.36		$	12.34
A Shares	$	19.08		$	14.88		$	12.20		$	14.48		$	12.04		$	13.08
B Shares		N/A		$	13.87		$	11.61		$	13.64		$	11.33			N/A
C Shares	$	17.52		$	14.00		$	11.60		$	13.59		$	11.34			N/A
Maximum Sales Charge — A Shares		5.75	%		5.75	%		4.75	%		5.75	%		5.75	%		5.75	%

Amounts designated as “ — ” are $0 or have been rounded to $0.

*		The Small Cap Value Equity Fund includes securities on loan of $247,368.
(a	)	Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.
(b	)	Redemption price per share varies based on length of time shares are held.

See Notes to Financial Statements.

55

STATEMENTS OF ASSETS AND LIABILITIES

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)
(Unaudited)

	Life Vision			Life Vision
	Target Date			Target Date
	2025 Fund			2035 Fund
Assets:
Total Investments, at Cost	$	5,394		$	1,904
Investments, at Value	$	176		$	62
Investments in Affiliates, at Value (Cost $5,220 and $1,843, respectively)		5,732			2,032
Total Investments		5,908			2,094
Interest and Dividends Receivable		2			1
Receivable for Capital Shares Issued		5			29
Prepaid Expenses		5			6
Total Assets		5,920			2,130
Liabilities:
Payable for Capital Shares Redeemed		36			—
Investment Advisory Fees Payable		—			—
Administration and Fund Accounting Fees Payable		—			—
Compliance Service Fees Payable		—			—
Distribution and Services Fees Payable		—			—
Custodian Fees Payable		3			2
Trustee Fees Payable		—			—
Other Fees Payable		1			1
Total Liabilities		40			3
Total Net Assets	$	5,880		$	2,127
Net Assets Consist of:
Capital	$	5,309		$	1,912
Accumulated Net Investment Income		1			1
Accumulated Net Realized Gains from Investment Transactions		56			24
Net Unrealized Appreciation on Investments		514			190
Total Net Assets	$	5,880		$	2,127
Net Assets:
I Shares	$	5,826		$	2,097
A Shares	$	54		$	30
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		454			167
A Shares		4			2
Net Asset Value and Redemption Price Per Share:(a)
I Shares	$	12.84		$	12.56
A Shares	$	12.84		$	12.55
Offering Price Per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	12.84		$	12.56
A Shares	$	13.62		$	13.32
Maximum Sales Charge — A Shares		5.75	%		5.75	%

Amounts designated as “ — ” are $0 or have been rounded to $0.

(a)  Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.

See Notes to Financial Statements.

56

STATEMENTS OF OPERATIONS

STI CLASSIC FUNDS  For the Six Months Ended September 30, 2007  (Amounts in Thousands)
(Unaudited)

	Aggressive			Emerging						International			Large Cap			Large Cap
	Growth Stock			Growth Stock			International			Equity Index			Core Equity			Growth Stock
	Fund			Fund			Equity Fund			Fund			Fund			Fund
Investment Income:
Dividend Income	$	513		$	134		$	25,566		$	21,619		$	18,340		$	5,572
Dividend Income from Affiliated Investment Companies		90			66			—			—			407			323
Interest Income		—			—			105			333			—			—
Income from Securities Lending		89			80			1,340			1,448			236			277
Less: Foreign Taxes Withheld		—			—			(2,560	)		(2,449	)		—			—
Total Investment Income		692			280			24,451			20,951			18,983			6,172
Expenses:
Investment Advisory Fees		1,904			712			6,846			2,580			6,897			4,677
Administration and Fund Accounting Fees		44			17			190			199			217			126
Compliance Services Fees		3			1			11			9			12			10
Distribution Fees — A Shares		1			1			22			9			60			121
Distribution and Services Fees — C Shares		17			1			43			36			343			182
Custodian Fees		6			8			331			267			24			17
Professional Fees		7			3			24			21			32			19
Insurance Fees		3			1			9			3			4			8
Registration Fees		22			19			19			21			25			19
Transfer Agent Fees		6			1			9			4			41			42
Printing Fees		8			3			27			24			45			22
Trustees’ Fees		4			1			13			11			18			10
Other Fees		4			—			8			9			15			8
Total Expenses		2,029			768			7,552			3,193			7,733			5,261
Less: Administration Fees Waived		(2	)		(2	)		(6	)		(5	)		(9	)		(40	)
Net Expenses		2,027			766			7,546			3,188			7,724			5,221
Net Investment Income (Loss)		(1,335	)		(486	)		16,905			17,763			11,259			951
Net Realized and Unrealized Gain on Investments and Foreign Currency:
Net Realized Gain from Investment Transactions and Foreign Currency Transactions		20,005			6,122			65,287			16,788			87,502			113,513
Net Change in Unrealized Appreciation/Depreciation on Investments and Foreign Currency		33,786			18,504			36,083			56,656			12,559			5,936
Net Realized and Unrealized Gain (Loss) on Investments and Foreign Currency		53,791			24,626			101,370			73,444			100,061			119,449
Change in Net Assets from Operations	$	52,456		$	24,140		$	118,275		$	91,207		$	111,320		$	120,400

Amounts designated as “ — ” are $0 or have been rounded to $0.

See Notes to Financial Statements.

57

STATEMENTS OF OPERATIONS

STI CLASSIC FUNDS  For the Six Months Ended September 30, 2007  (Amounts in Thousands)
(Unaudited)

	Large Cap			Large Cap			Mid-Cap			Mid-Cap			Select Large Cap			Small Cap
	Quantitative			Value Equity			Core Equity			Value Equity			Growth Stock			Growth Stock
	Equity Fund			Fund			Fund			Fund			Fund			Fund
Investment Income:
Dividend Income	$	2,329		$	13,165		$	2,426		$	4,398		$	617		$	1,010
Dividend Income from Affiliated Investment Companies		56			1,204			88			293			102			432
Income from Securities Lending		—			249			95			111			21			807
Total Investment Income		2,385			14,618			2,609			4,802			740			2,249
Expenses:
Investment Advisory Fees		1,323			4,394			1,739			1,595			548			4,310
Administration and Fund Accounting Fees		42			145			45			41			17			99
Compliance Services Fees		6			10			3			3			1			7
Distribution Fees — A Shares		1			96			17			6			1			36
Distribution and Services Fees — C Shares		6			201			52			31			163			106
Custodian Fees		26			16			9			9			4			33
Professional Fees		8			22			7			6			2			15
Insurance Fees		1			2			1			1			—			2
Registration Fees		20			24			18			21			18			20
Transfer Agent Fees		1			28			11			5			18			23
Printing Fees		1			26			8			7			3			18
Trustees’ Fees		3			12			4			3			1			8
Other Fees		3			10			3			3			3			6
Total Expenses		1,441			4,986			1,917			1,731			779			4,683
Less: Administration Fees Waived		(2	)		(6	)		(2	)		(1	)		(3	)		(52	)
Net Expenses		1,439			4,980			1,915			1,730			776			4,631
Net Investment Income (Loss)		946			9,638			694			3,072			(36	)		(2,382	)
Net Realized and Unrealized Gain (Loss) on Investments:
Net Realized Gain from Investment Transactions		4,896			62,779			16,392			19,067			6,469			133,713
Net Change in Unrealized Appreciation/Depreciation on Investments		6,403			9,321			(1,174	)		(4,214	)		12,197			(44,842	)
Net Realized and Unrealized Gain (Loss) on Investments		11,299			72,100			15,218			14,853			18,666			88,871
Change in Net Assets from Operations	$	12,245		$	81,738		$	15,912		$	17,925		$	18,630		$	86,489

Amounts designated as “ — ” are $0 or have been rounded to $0.

See Notes to Financial Statements.

58

STATEMENTS OF OPERATIONS

STI CLASSIC FUNDS  For the Six Months Ended September 30, 2007  (Amounts in Thousands)
(Unaudited)

	Small Cap			Life Vision		Life Vision			Life Vision			Life Vision			Life Vision
	Value Equity			Aggressive		Conservative			Growth and			Moderate			Target Date
	Fund			Growth Fund		Fund			Income Fund			Growth Fund			2015 Fund
Investment Income:
Dividend Income	$	7,144		$	—	$	—		$	—		$	—		$	—
Dividend Income from Affiliated Investment Companies		545			204		198			1,202			3,149			18
Income from Securities Lending		358			—		—			—			—			—
Total Investment Income		8,047			204		198			1,202			3,149			18
Expenses:
Investment Advisory Fees		4,068			28		5			68			117			1
Administration and Fund Accounting Fees		92			7		1			17			29			—
Compliance Services Fees		6			1		—			1			2			—
Distribution Fees — A Shares		9			5		1			10			16			—
Distribution Fees — B Shares		—			21		18			64			48			—
Distribution and Services Fees — C Shares		43			8		4			31			122			—
Custodian Fees		13			3		3			4			4			5
Professional Fees		14			1		—			3			4			—
Insurance Fees		1			—		—			—			1			—
Registration Fees		22			5		5			6			10			6
Transfer Agent Fees		16			3		1			7			15			—
Printing Fees		18			2		—			5			8			—
Trustees’ Fees		8			1		—			1			2			—
Other Fees		6			—		1			3			1			1
Total Expenses		4,316			85		39			220			379			13
Less: Investment Advisory Fees Waived and Fees Reimbursed		—			—		(5	)		—			—			(11	)
Less: Administration Fees Waived		(4	)		—		(1	)		(1	)		(1	)		—
Net Expenses		4,312			85		33			219			378			2
Net Investment Income		3,735			119		165			983			2,771			16
Net Realized and Unrealized Gain (Loss) on Investments:
Net Realized Gain (Loss) from Investment Transactions*		73,213			2,845		29			2,229			2,080(a	)		(13	)
Net Change in Unrealized Appreciation/Depreciation on Investments*		(40,245	)		1,775		196			5,552			8,149			149
Net Realized and Unrealized Gain (Loss) on Investments		32,968			4,620		225			7,781			10,229			136
Change in Net Assets from Operations	$	36,703		$	4,739	$	390		$	8,764		$	13,000		$	152

Amounts designated as “—” are $0 or have been rounded to $0.

*

Net Realized Gain (Loss) on Investment Transactions and Net Change in Unrealized Appreciation/Depreciation on Investment Transactions for the Life Vision Aggressive Growth Fund, Life Vision Conservative Fund, Life Vision Growth and Income Fund, Life Vision Moderate Growth Fund and Life Vision Target Date 2015 Fund are primarily attributable to the underlying investments in affiliated investment companies.

(a)

Life Vision Moderate Growth Fund Includes Litigation Gains of $144.

See Notes to Financial Statements.

59

STATEMENTS OF OPERATIONS

STI CLASSIC FUNDS  For the Six Months Ended September 30, 2007  (Amounts in Thousands)
(Unaudited)

	Life Vision			Life Vision
	Target Date			Target Date
	2025 Fund			2035 Fund
Investment Income:
Dividend Income	$	1		$	—
Dividend Income from Affiliated Investment Companies		23			7
Total Investment Income		24			7
Expenses:
Investment Advisory Fees		3			1
Administration and Fund Accounting Fees		1			—
Compliance Services Fees		—			—
Distribution Fees — A Shares		—			—
Custodian Fees		4			3
Professional Fees		—			—
Insurance Fees		—			—
Registration Fees		7			7
Transfer Agent Fees		—			—
Printing Fees		—			—
Trustees’ Fees		—			—
Other Fees		—			—
Total Expenses		15			11
Less: Investment Advisory Fees Waived and Fees Reimbursed		(9	)		(10	)
Less: Administration Fees Waived		(1	)		—
Net Expenses		5			1
Net Investment Income		19			6
Net Realized and Unrealized Gain (Loss) on Investments:
Net Realized Loss from Investment Transactions*		(8	)		(5	)
Net Change in Unrealized Appreciation on Investments*		381			122
Net Realized and Unrealized Gain on Investments		373			117
Change in Net Assets from Operations	$	392		$	123

Amounts designated as “ — ” are $0 or have been rounded to $0.

*   Net Realized Gain (Loss) on Investment Transactions and Net Change in Unrealized Appreciation/Depreciation on Investment Transactions for the Life Vision Target Date 2025 Fund and Life Vision Target Date 2035 Fund are primarily attributable to the underlying investments in affiliated investment companies.

See Notes to Financial Statements.

60

STATEMENTS OF CHANGES IN NET ASSETS

STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Aggressive Growth						Emerging Growth						International						International Equity
	Stock Fund						Stock Fund						Equity Fund						Index Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-		04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07		03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Operations:
Net Investment Income (Loss)	$	(1,335	)	$	(2,484	)	$	(486	)	$	(698	)	$	16,905		$	13,848		$	17,763	$	17,444
Net Realized Gain (Loss) from Investments, Forward Foreign Currencies and Foreign Currency Transactions		20,005			(11,788	)		6,122			1,704			65,287			96,943			16,788		7,770
Net Change in Unrealized Appreciation/Depreciation on Investments and Foreign Currency		33,786			29,196			18,504			6,460			36,083			70,475			56,656		143,488
Change in Net Assets from Operations		52,456			14,924			24,140			7,466			118,275			181,266			91,207		168,702
Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		—			—			—			—			—			(18,408	)		—		(18,118	)
A Shares		—			—			—			—			—			(203	)		—		(90	)
C Shares		—			—			—			—			—			(67	)		—		(85	)
Net Realized Gains:
I Shares		—			—			—			—			—			(150	)		—		—
A Shares		—			—			—			—			—			(2	)		—		—
C Shares		—			—			—			—			—			(1	)		—		—
Total Dividends and Distributions		—			—			—			—			—			(18,831	)		—		(18,293	)
Change in Net Assets from Capital Transactions		(10,993	)		52,502			8,052			55,623			(12,694	)		78,547			31,792		68,874
Change in Net Assets		41,463			67,426			32,192			63,089			105,581			240,982			122,999		219,283
Net Assets:
Beginning of Period		327,392			259,966			111,792			48,703			1,188,216			947,234			1,007,948		788,665
End of Period	$	368,855		$	327,392		$	143,984		$	111,792		$	1,293,797		$	1,188,216		$	1,130,947	$	1,007,948
Accumulated Net Investment Income (Loss), End of Period	$	(1,343	)	$	(8	)	$	(497	)	$	(11	)	$	17,404		$	499		$	15,247	$	(2,516	)

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

61

STATEMENTS OF CHANGES IN NET ASSETS (continued)

STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Aggressive Growth						Emerging Growth						International						International Equity
	Stock Fund						Stock Fund						Equity Fund						Index Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	43,726		$	194,041		$	26,325		$	106,285		$	114,774		$	371,965		$	163,921		$	308,565
Dividends Reinvested		—			—			—			—			—			4,867			—			10,069
Cost of Shares Redeemed		(54,417	)		(139,963	)		(18,339	)		(51,032	)		(127,333	)		(296,951	)		(131,545	)		(246,266	)
Change in Net Assets from I Shares	$	(10,691	)	$	54,078		$	7,986		$	55,253		$	(12,559	)	$	79,881		$	32,376		$	72,368
A Shares:
Proceeds from Shares Issued	$	509		$	2,944		$	246		$	516		$	3,012		$	14,548		$	1,373		$	5,082
Dividends Reinvested		—			—			—			—			—			181			—			79
Cost of Shares Redeemed		(238	)		(2,815	)		(166	)		(142	)		(2,464	)		(14,676	)		(1,303	)		(9,029	)
Change in Net Assets from A Shares	$	271		$	129		$	80		$	374		$	548		$	53		$	70		$	(3,868	)
C Shares:
Proceeds from Shares Issued	$	39		$	104		$	—		$	68		$	362		$	414		$	266		$	2,610
Dividends Reinvested		—			—			—			—			—			67			—			81
Cost of Shares Redeemed		(612	)		(1,809	)		(14	)		(72	)		(1,045	)		(1,868	)		(920	)		(2,317	)
Change in Net Assets from C Shares	$	(573	)	$	(1,705	)	$	(14	)	$	(4	)	$	(683	)	$	(1,387	)	$	(654	)	$	374
Change in Net Assets from Capital Transactions	$	(10,993	)	$	52,502		$	8,052		$	55,623		$	(12,694	)	$	78,547		$	31,792		$	68,874
Share Transactions:
I Shares:
Issued		3,222			16,703			1,849			8,835			6,495			24,381			8,510			18,312
Reinvested		—			—			—			—			—			302			—			569
Redeemed		(3,980	)		(11,908	)		(1,271	)		(4,037	)		(7,211	)		(19,398	)		(6,729	)		(14,496	)
Change in I Shares		(758	)		4,795			578			4,798			(716	)		5,285			1,781			4,385
A Shares:
Issued		37			276			17			42			171			1,003			71			317
Reinvested		—			—			—			—			—			11			—			4
Redeemed		(17	)		(259	)		(12	)		(11	)		(140	)		(981	)		(67	)		(554	)
Change in A Shares		20			17			5			31			31			33			4			(233	)
C Shares:
Issued		3			9			—			5			22			29			14			155
Reinvested		—			—			—			—			—			4			—			5
Redeemed		(47	)		(156	)		(1	)		(6	)		(64	)		(130	)		(49	)		(144	)
Change in C Shares		(44	)		(147	)		(1	)		(1	)		(42	)		(97	)		(35	)		16
Change in Shares		(782	)		4,665			582			4,828			(727	)		5,221			1,750			4,168

Amounts designated as “ — ” are $0 or have been rounded to $0.

See Notes to Financial Statements.

62

STATEMENTS OF CHANGES IN NET ASSETS (continued)

STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Large Cap Core						Large Cap Growth						Large Cap Quantitative						Large Cap Value
	Equity Fund						Stock Fund						Equity Fund						Equity Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Operations:
Net Investment Income	$	11,259		$	22,026		$	951		$	5,713		$	946		$	1,551		$	9,638		$	14,266
Net Realized Gain from Investment Transactions		87,502			121,792			113,513			60,872			4,896			24,394			62,779			102,395
Net Change in Unrealized Appreciation/Depreciation on Investments		12,559			47,465			5,936			(3,769	)		6,403			(6,151	)		9,321			13,084
Change in Net Assets from Operations		111,320			191,283			120,400			62,816			12,245			19,794			81,738			129,745
Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(10,654	)		(21,852	)		(1,020	)		(5,740	)		(999	)		(1,533	)		(8,418	)		(13,131	)
A Shares		(262	)		(571	)		(9	)		(242	)		(2	)		(2	)		(412	)		(812	)
C Shares		(130	)		(357	)		—			(30	)		—			—			(128	)		(264	)
Net Realized Gains:
I Shares		—			(105,997	)		—			(48,970	)		—			(9,255	)		—			(31,908	)
A Shares		—			(3,279	)		—			(3,726	)		—			(36	)		—			(2,337	)
C Shares		—			(4,984	)		—			(1,896	)		—			(35	)		—			(1,568	)
Total Dividends and Distributions		(11,046	)		(137,040	)		(1,029	)		(60,604	)		(1,001	)		(10,861	)		(8,958	)		(50,020	)
Change in Net Assets from Capital Transactions		(60,518	)		95,481			(543,093	)		(231,356	)		(43,564	)		14,966			116,394			37,730
Change in Net Assets		39,756			149,724			(423,722	)		(229,144	)		(32,320	)		23,899			189,174			117,455
Net Assets:
Beginning of Period		1,670,285			1,520,561			1,223,708			1,452,852			311,325			287,426			996,104			878,649
End of Period	$	1,710,041		$	1,670,285		$	799,986		$	1,223,708		$	279,005		$	311,325		$	1,185,278		$	996,104
Accumulated Net Investment Income (Loss), End of Period	$	211		$	(2	)	$	(81	)	$	(3	)	$	(25	)	$	30		$	748		$	68

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

63

STATEMENTS OF CHANGES IN NET ASSETS (continued)

STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Large Cap Core						Large Cap Growth						Large Cap Quantitative						Large Cap Value
	Equity Fund						Stock Fund						Equity Fund						Equity Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	184,299		$	442,012		$	97,451		$	302,082		$	32,855		$	144,181		$	234,905		$	188,156
Dividends Reinvested		3,339			61,144			548			36,401			301			4,354			6,108			34,278
Cost of Shares Redeemed		(238,639	)		(394,496	)		(626,525	)		(532,077	)		(76,816	)		(133,003	)		(116,385	)		(166,014	)
Change in Net Assets from I Shares	$	(51,001	)	$	108,660		$	(528,526	)	$	(193,594	)	$	(43,660	)	$	15,532		$	124,628		$	56,420
A Shares:
Proceeds from Shares Issued	$	4,270		$	13,376		$	2,606		$	6,028		$	461		$	1,708		$	1,277		$	5,244
Dividends Reinvested		232			3,442			9			3,828			2			35			398			3,039
Cost of Shares Redeemed		(6,484	)		(17,648	)		(11,549	)		(33,556	)		(314	)		(2,028	)		(5,826	)		(19,277	)
Change in Net Assets from A Shares	$	(1,982	)	$	(830	)	$	(8,934	)	$	(23,700	)	$	149		$	(285	)	$	(4,151	)	$	(10,994	)
C Shares:
Proceeds from Shares Issued	$	610		$	2,091		$	247		$	418		$	14		$	97		$	261		$	991
Dividends Reinvested		123			5,087			—			1,866			—			33			123			1,777
Cost of Shares Redeemed		(8,268	)		(19,527	)		(5,880	)		(16,346	)		(67	)		(411	)		(4,467	)		(10,464	)
Change in Net Assets from C Shares	$	(7,535	)	$	(12,349	)	$	(5,633	)	$	(14,062	)	$	(53	)	$	(281	)	$	(4,083	)	$	(7,696	)
Change in Net Assets from Capital Transactions	$	(60,518	)	$	95,481		$	(543,093	)	$	(231,356	)	$	(43,564	)	$	14,966		$	116,394		$	37,730
Share Transactions:
I Shares:
Issued		9,809			25,101			7,161			23,675			2,251			10,535			14,691			12,782
Reinvested		176			3,464			40			2,827			21			316			377			2,324
Redeemed		(12,667	)		(22,343	)		(46,268	)		(41,606	)		(5,321	)		(9,605	)		(7,328	)		(11,371	)
Change in I Shares		(2,682	)		6,222			(39,067	)		(15,104	)		(3,049	)		1,246			7,740			3,735
A Shares:
Issued		225			766			200			498			32			129			81			370
Reinvested		12			193			1			313			—			3			25			207
Redeemed		(342	)		(992	)		(895	)		(2,765	)		(22	)		(151	)		(367	)		(1,351	)
Change in A Shares		(105	)		(33	)		(694	)		(1,954	)		10			(19	)		(261	)		(774	)
C Shares:
Issued		33			120			21			37			2			7			17			69
Reinvested		7			293			—			163			—			2			8			122
Redeemed		(446	)		(1,124	)		(490	)		(1,440	)		(5	)		(31	)		(285	)		(731	)
Change in C Shares		(406	)		(711	)		(469	)		(1,240	)		(3	)		(22	)		(260	)		(540	)
Change in Shares		(3,193	)		5,478			(40,230	)		(18,298	)		(3,042	)		1,205			7,219			2,421

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

64

STATEMENTS OF CHANGES IN NET ASSETS (continued)

STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Mid-Cap Core						Mid-Cap Value						Select Large Cap Growth						Small Cap Growth
	Equity Fund						Equity Fund						Stock Fund						Stock Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Operations:
Net Investment Income (Loss)	$	694		$	1,599		$	3,072		$	2,805		$	(36	)	$	211		$	(2,382	)	$	(7,303	)
Net Realized Gain from Investment Transactions		16,392			29,613			19,067			49,345			6,469			17,498			133,713			54,274
Net Change in Unrealized Appreciation/ Depreciation on Investments		(1,174	)		945			(4,214	)		(9,247	)		12,197			(16,393	)		(44,842	)		(211,108	)
Change in Net Assets from Operations		15,912			32,157			17,925			42,903			18,630			1,316			86,489			(164,137	)
Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(582	)		(1,688	)		(2,767	)		(2,658	)		(13	)		(168	)		—			—
A Shares		(10	)		(26	)		(31	)		(22	)		—			—			—			—
C Shares		—			—			(25	)		(6	)		—			—			—			—
Net Realized Gains:
I Shares		—			(24,539	)		—			(40,247	)		—			—			—			(64,037	)
A Shares		—			(881	)		—			(492	)		—			—			—			(1,912	)
C Shares		—			(879	)		—			(949	)		—			—			—			(1,522	)
Total Dividends and Distributions		(592	)		(28,013	)		(2,823	)		(44,374	)		(13	)		(168	)		—			(67,471	)
Change in Net Assets from Capital Transactions		(40,027	)		(87,508	)		16,089			37,716			(21,072	)		6,784			(269,691	)		(614,776	)
Change in Net Assets		(24,707	)		(83,364	)		31,191			36,245			(2,455	)		7,932			(183,202	)		(846,384	)
Net Assets:
Beginning of Period		356,603			439,967			288,580			252,335			131,293			123,361			891,435			1,737,819
End of Period	$	331,896		$	356,603		$	319,771		$	288,580		$	128,838		$	131,293		$	708,233		$	891,435
Accumulated Net Investment Income (Loss), End of Period	$	115		$	13		$	422		$	173		$	(6	)	$	43		$	(2,235	)	$	147

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

65

STATEMENTS OF CHANGES IN NET ASSETS (continued)

STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Mid-Cap Core						Mid-Cap Value						Select Large Cap Growth						Small Cap Growth
	Equity Fund						Equity Fund						Stock Fund						Stock Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	27,076		$	121,973		$	58,872		$	141,296		$	22,414		$	66,219		$	92,449		$	432,211
Dividends Reinvested		267			14,317			1,144			20,051			5			67			—			53,211
Cost of Shares Redeemed		(64,921	)		(216,799	)		(43,713	)		(124,533	)		(38,698	)		(42,803	)		(355,091	)		(1,062,116	)
Change in Net Assets from I Shares	$	(37,578	)	$	(80,509	)	$	16,303		$	36,814		$	(16,279	)	$	23,483		$	(262,642	)	$	(576,694	)
A Shares:
Proceeds from Shares Issued	$	834		$	2,572		$	1,667		$	1,703		$	19		$	259		$	1,387		$	21,465
Dividends Reinvested		9			856			27			457			—			—			—			1,738
Cost of Shares Redeemed		(1,973	)		(7,841	)		(959	)		(1,198	)		(37	)		(376	)		(5,123	)		(51,551	)
Change in Net Assets from A Shares	$	(1,130	)	$	(4,413	)	$	735		$	962		$	(18	)	$	(117	)	$	(3,736	)	$	(28,348	)
C Shares:
Proceeds from Shares Issued	$	50		$	303		$	277		$	616		$	89		$	280		$	90		$	855
Dividends Reinvested		—			838			24			919			—			—			—			1,445
Cost of Shares Redeemed		(1,369	)		(3,727	)		(1,250	)		(1,595	)		(4,864	)		(16,862	)		(3,403	)		(12,034	)
Change in Net Assets from C Shares	$	(1,319	)	$	(2,586	)	$	(949	)	$	(60	)	$	(4,775	)	$	(16,582	)	$	(3,313	)	$	(9,734	)
Change in Net Assets from Capital Transactions	$	(40,027	)	$	(87,508	)	$	16,089		$	37,716		$	(21,072	)	$	6,784		$	(269,691	)	$	(614,776	)
Share Transactions:
I Shares:
Issued		1,877			9,065			4,307			10,806			779			2,435			4,157			20,133
Reinvested		18			1,072			83			1,596			—			3			—			2,589
Redeemed		(4,486	)		(16,117	)		(3,201	)		(9,501	)		(1,335	)		(1,681	)		(16,235	)		(51,099	)
Change in I Shares		(2,591	)		(5,980	)		1,189			2,901			(556	)		757			(12,078	)		(28,377	)
A Shares:
Issued		61			204			122			127			1			10			66			1,023
Reinvested		1			67			2			37			—			—			—			87
Redeemed		(145	)		(604	)		(72	)		(91	)		(1	)		(14	)		(241	)		(2,493	)
Change in A Shares		(83	)		(333	)		52			73			—			(4	)		(175	)		(1,383	)
C Shares:
Issued		4			25			20			47			3			12			5			42
Reinvested		—			71			2			74			—			—			—			78
Redeemed		(109	)		(315	)		(92	)		(122	)		(182	)		(700	)		(173	)		(637	)
Change in C Shares		(105	)		(219	)		(70	)		(1	)		(179	)		(688	)		(168	)		(517	)
Change in Shares		(2,779	)		(6,532	)		1,171			2,973			(735	)		65			(12,421	)		(30,277	)

Amounts designated as “ — ” are $0 or have been rounded to $0.

See Notes to Financial Statements.

66

STATEMENTS OF CHANGES IN NET ASSETS (continued)

STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Small Cap Value						Life Vision Aggressive						Life Vision						Life Vision
	Equity Fund						Growth Fund						Conservative Fund						Growth and Income Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Operations:
Net Investment Income	$	3,735		$	3,992		$	119		$	541		$	165		$	332		$	983		$	2,521
Capital Gain Received from Investments in Affiliated Investment Companies		—			—			—			2,525			—			84			—			4,138
Net Realized Gain (Loss) from Investment Transactions		73,213			162,868			2,845			1,588			29			(5	)		2,229			2,187
Net Change in Unrealized Appreciation/Depreciation on Investments		(40,245	)		(117,368	)		1,775			1,277			196			170			5,552			2,685
Change in Net Assets from Operations		36,703			49,492			4,739			5,931			390			581			8,764			11,531
Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(3,198	)		(4,008	)		(115	)		(1,056	)		(70	)		(130	)		(845	)		(2,977	)
A Shares		(25	)		(23	)		(4	)		(48	)		(12	)		(35	)		(44	)		(163	)
B Shares								—			(70	)		(70	)		(168	)		(84	)		(343	)
C Shares		(129	)		(134	)		—			(16	)		(12	)		(23	)		(24	)		(86	)
Net Realized Gains:
I Shares		—			(161,578	)		—			(1,015	)		—			(29	)		—			(2,198	)
A Shares		—			(1,777	)		—			(55	)		—			(8	)		—			(135	)
B Shares								—			(104	)		—			(46	)		—			(342	)
C Shares		—			(9,018	)		—			(26	)		—			(7	)		—			(96	)
Total Dividends and Distributions		(3,352	)		(176,538	)		(119	)		(2,390	)		(164	)		(446	)		(997	)		(6,340	)
Change in Net Assets from Capital Transactions		(70,987	)		31,169			(19,036	)		(2,541	)		1,129			(931	)		(29,348	)		11,586
Change in Net Assets		(37,636	)		(95,877	)		(14,416	)		1,000			1,355			(796	)		(21,581	)		16,777
Net Assets:
Beginning of Period		717,537			813,414			63,286			62,286			9,618			10,414			141,127			124,350
End of Period	$	679,901		$	717,537		$	48,870		$	63,286		$	10,973		$	9,618		$	119,546		$	141,127
Accumulated Net Investment Income, End of Period	$	483		$	100		$	1		$	1		$	12		$	11		$	37		$	51

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

67

STATEMENTS OF CHANGES IN NET ASSETS (continued)

STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Small Cap Value						Life Vision Aggressive						Life Vision						Life Vision
	Equity Fund						Growth Fund						Conservative Fund						Growth and Income Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	49,848		$	142,003		$	5,230		$	18,522		$	2,231		$	1,752		$	10,874		$	41,607
Dividends Reinvested		2,542			135,202			112			2,024			68			153			840			5,153
Cost of Shares Redeemed		(117,778	)		(246,253	)		(24,203	)		(23,246	)		(987	)		(1,650	)		(39,432	)		(37,048	)
Change in Net Assets from I Shares	$	(65,388	)	$	30,952		$	(18,861	)	$	(2,700	)	$	1,312		$	255		$	(27,718	)	$	9,712
A Shares:
Proceeds from Shares Issued	$	659		$	3,313		$	599		$	426		$	15		$	108		$	1,010		$	1,435
Dividends Reinvested		14			1,441			4			102			9			34			44			297
Cost of Shares Redeemed		(1,631	)		(1,322	)		(250	)		(264	)		(271	)		(666	)		(2,127	)		(946	)
Change in Net Assets from A Shares	$	(958	)	$	3,432		$	353		$	264		$	(247	)	$	(524	)	$	(1,073	)	$	786
B Shares:
Proceeds from Shares Issued							$	18		$	133		$	210		$	6		$	25		$	213
Dividends Reinvested								—			173			61			182			78			644
Cost of Shares Redeemed								(558	)		(766	)		(243	)		(797	)		(1,063	)		(2,318	)
Change in Net Assets from B Shares							$	(540	)	$	(460	)	$	28		$	(609	)	$	(960	)	$	(1,461	)
C Shares:
Proceeds from Shares Issued	$	212		$	374		$	161		$	541		$	91		$	366		$	909		$	3,325
Dividends Reinvested		125			8,830			—			42			9			26			23			171
Cost of Shares Redeemed		(4,978	)		(12,419	)		(149	)		(228	)		(64	)		(445	)		(529	)		(947	)
Change in Net Assets from C Shares	$	(4,641	)	$	(3,215	)	$	12		$	355		$	36		$	(53	)	$	403		$	2,549
Change in Net Assets from Capital Transactions	$	(70,987	)	$	31,169		$	(19,036	)	$	(2,541	)	$	1,129		$	(931	)	$	(29,348	)	$	11,586
Share Transactions:
I Shares:
Issued		2,740			7,539			383			1,482			195			157			812			3,306
Reinvested		138			8,068			8			158			6			14			62			405
Redeemed		(6,446	)		(13,164	)		(1,769	)		(1,837	)		(86	)		(149	)		(2,953	)		(2,916	)
Change in I Shares		(3,568	)		2,443			(1,378	)		(197	)		115			22			(2,079	)		795
A Shares:
Issued		36			172			45			34			1			9			75			117
Reinvested		1			87			—			8			1			3			3			23
Redeemed		(91	)		(71	)		(18	)		(21	)		(23	)		(59	)		(158	)		(75	)
Change in A Shares		(54	)		188			27			21			(21	)		(47	)		(80	)		65
B Shares:
Issued								1			11			18			1			2			17
Reinvested								—			14			5			16			6			51
Redeemed								(41	)		(63	)		(21	)		(71	)		(80	)		(186	)
Change in B Shares								(40	)		(38	)		2			(54	)		(72	)		(118	)
C Shares:
Issued		12			19			12			43			8			33			68			268
Reinvested		7			546			—			3			1			2			2			13
Redeemed		(283	)		(686	)		(11	)		(18	)		(6	)		(40	)		(40	)		(77	)
Change in C Shares		(264	)		(121	)		1			28			3			(5	)		30			204
Change in Shares		(3,886	)		2,510			(1,390	)		(186	)		99			(84	)		(2,201	)		946

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

68

STATEMENTS OF CHANGES IN NET ASSETS (continued)

STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Life Vision						Life Vision						Life Vision						Life Vision
	Moderate Growth Fund						Target Date 2015 Fund						Target Date 2025 Fund						Target Date 2035 Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Operations:
Net Investment Income	$	2,771		$	5,162		$	16		$	19		$	19		$	26		$	6		$	10
Capital Gain Received from Investments in Affiliated Investment Companies		—			4,083			—			37			—			91			—			43
Net Realized Gain (Loss) from Investment Transactions		2,080			2,093			(13	)		(6	)		(8	)		(4	)		(5	)		(3	)
Net Change in Unrealized Appreciation/Depreciation on Investments		8,149			3,313			149			58			381			115			122			51
Change in Net Assets from Operations		13,000			14,651			152			108			392			228			123			101
Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(2,351	)		(5,550	)		(16	)		(29	)		(19	)		(49	)		(5	)		(21	)
A Shares		(121	)		(191	)		—			—			—			—			—			—
B Shares		(123	)		(328	)
C Shares		(199	)		(85	)
Net Realized Gains:
I Shares		—			(6,776	)		—			(3	)		—			(2	)		—			(5	)
A Shares		—			(243	)		—			—			—			—			—			—
B Shares		—			(528	)
C Shares		—			(84	)
Total Dividends and Distributions		(2,794	)		(13,785	)		(16	)		(32	)		(19	)		(51	)		(5	)		(26	)
Change in Net Assets from Capital Transactions		(27,871	)		60,588			519			1,723			758			3,462			687			657
Change in Net Assets		(17,665	)		61,454			655			1,799			1,131			3,639			805			732
Net Assets:
Beginning of Period		241,323			179,869			2,069			270			4,749			1,110			1,322			590
End of Period	$	223,658		$	241,323		$	2,724		$	2,069		$	5,880		$	4,749		$	2,127		$	1,322
Accumulated Net Investment Income, End of Period	$	139		$	162		$	1		$	1		$	1		$	1		$	1		$	—

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

69

STATEMENTS OF CHANGES IN NET ASSETS (concluded)

STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Life Vision						Life Vision						Life Vision						Life Vision
	Moderate Growth Fund						Target Date 2015 Fund						Target Date 2025 Fund						Target Date 2035 Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	15,828		$	48,287		$	1,062		$	1,890		$	1,550		$	3,629		$	741		$	747
Proceeds from Shares Issued in Acquisition		—			32,309			—			—			—			—			—			—
Dividends Reinvested		2,282			12,207			16			31			19			50			5			26
Cost of Shares Redeemed		(42,460	)		(58,615	)		(575	)		(200	)		(817	)		(259	)		(84	)		(120	)
Change in Net Assets from I Shares	$	(24,350	)	$	34,188		$	503		$	1,721		$	752		$	3,420		$	662		$	653
A Shares: (1)
Proceeds from Shares Issued	$	343		$	1,015		$	16		$	2		$	6		$	42		$	25		$	4
Proceeds from Shares Issued in Acquisition		—			5,098			—			—			—			—			—			—
Dividends Reinvested		117			414			—			—			—			—			—			—
Cost of Shares Redeemed		(1,565	)		(1,346	)		—			—			—			—			—			—
Change in Net Assets from A Shares	$	(1,105	)	$	5,181		$	16		$	2		$	6		$	42		$	25		$	4
B Shares:
Proceeds from Shares Issued	$	195		$	25
Dividends Reinvested		119			829
Cost of Shares Redeemed		(762	)		(2,243	)
Change in Net Assets from B Shares	$	(448	)	$	(1,389	)
C Shares:
Proceeds from Shares Issued	$	659		$	875
Proceeds from Shares Issued in Acquisition		—			22,680
Dividends Reinvested		191			159
Cost of Shares Redeemed		(2,818	)		(1,106	)
Change in Net Assets from C Shares	$	(1,968	)	$	22,608
Change in Net Assets from Capital Transactions	$	(27,871	)	$	60,588		$	519		$	1,723		$	758		$	3,462		$	687		$	657
Share Transactions:
I Shares:
Issued		1,416			4,424			88			169			125			313			61			67
Issued in Acquisition		—			2,988			—			—			—			—			—			—
Reinvested		203			1,111			1			3			1			4			—			2
Redeemed		(3,785	)		(5,371	)		(48	)		(18	)		(66	)		(23	)		(7	)		(10	)
Change in I Shares		(2,166	)		3,152			41			154			60			294			54			59
A Shares:(1)
Issued		31			94			1			—			—			4			2			—
Issued in Acquisition		—			471			—			—			—			—			—			—
Reinvested		10			38			—			—			—			—			—			—
Redeemed		(140	)		(123	)		—			—			—			—			—			—
Change in A Shares		(99	)		480			1			—			—			4			2			—
B Shares:
Issued		17			2
Reinvested		11			76
Redeemed		(68	)		(207	)
Change in B Shares		(40	)		(129	)
C Shares:
Issued		59			79
Issued in Acquisition		—			2,101
Reinvested		17			15
Redeemed		(252	)		(102	)
Change in C Shares		(176	)		2,093
Change in Shares		(2,481	)		5,596			42			154			60			298			56			59

(1)  A Shares commenced operations on January 5,2007, July 12, 2006 and May 4, 2006 for the Life Vision Target Date 2015 Fund, Life Vision Target Date 2025 Fund and Life Vision Target Date 2035 Fund, respectively.

Amounts designated as “ — ” are $0 or have been rounded to $0.

See Notes to Financial Statements.

70

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  (Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated)

																																Ratio of
																																Expenses
						Net																							Ratio of			to Average
						Realized																							Net			Net Assets
						and									Distributions					Net									Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from		Total			Asset							Ratio of Net		Income			Waivers,
	Value,		Investment			Gain						from Net			Realized		Dividends			Value,					Net Assets,		Expenses to		(Loss) to			Reimbursements,			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital		and			End of		Total			End of		Average		Average			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains		Distributions			Period		Return(1)			Period (000)		Net Assets(2)		Net Assets(2)			Offset)(2)			Rate(3)
Aggressive Growth Stock Fund(4)
I Shares
Period Ended September 30, 2007*		12.64		(0.05	)		2.10			2.05			—			—		—			14.69		16.22			364,462		1.16		(0.76	)		1.16			25
Year Ended March 31, 2007		12.24		(0.09	)(a)		0.49			0.40			—			—		—			12.64		3.27			323,303		1.17		(0.79	)		1.17			49
Year Ended March 31, 2006		9.89		(0.07	)(a)		2.42			2.35			—	(b)		—		—	(b)		12.24		23.77			254,412		1.19		(0.61	)		1.23			30
Period Ended March 31, 2005		10.00		(0.06	)(a)		(0.05	)		(0.11	)		—			—		—			9.89		(1.10	)		58,988		1.22		(0.79	)		1.45			42
Period Ended May 31, 2004		10.00		(0.02	)(a)		0.02			—			—			—		—			10.00		0.00			20,501		1.22		(0.74	)		1.61			2
A Shares
Period Ended September 30, 2007*		12.53		(0.06	)		2.06			2.00			—			—		—			14.53		15.96			929		1.46		(1.07	)		1.46			25
Year Ended March 31, 2007		12.16		(0.12	)(a)		0.49			0.37			—			—		—			12.53		3.04			553		1.47		(1.10	)		1.47			49
Year Ended March 31, 2006		9.84		(0.10	)(a)		2.42			2.32			—			—		—			12.16		23.58			331		1.50		(0.94	)		1.55			30
Period Ended March 31, 2005		9.99		(0.09	)(a)		(0.06	)		(0.15	)		—			—		—			9.84		(1.50	)		140		1.58		(1.14	)		5.56			42
Period Ended May 31, 2004		10.00		(0.03	)(a)		0.02			(0.01	)		—			—		—			9.99		(0.10	)		49		1.65		(1.25	)		11.29	(c)		2
C Shares
Period Ended September 30, 2007*		12.27		(0.12	)		2.03			1.91			—			—		—			14.18		15.57			3,464		2.16		(1.76	)		2.16			25
Year Ended March 31, 2007		12.00		(0.20	)(a)		0.47			0.27			—			—		—			12.27		2.25			3,536		2.16		(1.78	)		2.16			49
Year Ended March 31, 2006		9.78		(0.17	)(a)		2.39			2.22			—			—		—			12.00		22.70			5,223		2.17		(1.63	)		2.27			30
Period Ended March 31, 2005		9.97		(0.15	)(a)		(0.04	)		(0.19	)		—			—		—			9.78		(1.91	)		5,795		2.19		(1.75	)		2.56			42
Period Ended May 31, 2004		10.00		(0.04	)(a)		0.01			(0.03	)		—			—		—			9.97		(0.30	)		65		2.10		(1.69	)		8.78	(c)		2
Emerging Growth Stock Fund(4)
I Shares
Period Ended September 30, 2007*		12.97		(0.05	)		2.72			2.67			—			—		—			15.64		20.59			143,056		1.18		(0.75	)		1.18			53
Year Ended March 31, 2007		12.83		(0.10	)(a)		0.24			0.14			—			—		—			12.97		1.09			111,078		1.17		(0.85	)		1.18			103
Year Ended March 31, 2006		9.38		(0.09	)(a)		3.54			3.45			—			—		—			12.83		36.78			48,369		1.20		(0.84	)		1.24			107
Period Ended March 31, 2005		9.60		(0.08	)(a)		(0.14	)		(0.22	)		—			—		—			9.38		(2.29	)		20,494		1.23		(1.03	)		1.51			64
Period Ended May 31, 2004		10.00		(0.03	)(a)		(0.37	)		(0.40	)		—			—		—			9.60		(4.00	)		12,891		1.22		(1.04	)		1.69			11
A Shares
Period Ended September 30, 2007*		12.83		(0.07	)		2.70			2.63			—			—		—			15.46		20.50			823		1.48		(1.05	)		1.48			53
Year Ended March 31, 2007		12.74		(0.14	)(a)		0.23			0.09			—			—		—			12.83		0.71			615		1.48		(1.16	)		1.49			103
Year Ended March 31, 2006		9.34		(0.13	)(a)		3.53			3.40			—			—		—			12.74		36.30			227		1.51		(1.16	)		1.55			107
Period Ended March 31, 2005		9.59		(0.11	)(a)		(0.14	)		(0.25	)		—			—		—			9.34		(2.61	)		86		1.59		(1.40	)		6.91			64
Period Ended May 31, 2004		10.00		(0.04	)(a)		(0.37	)		(0.41	)		—			—		—			9.59		(4.10	)		39		1.65		(1.46	)		13.36	(c)		11
C Shares
Period Ended September 30, 2007*		12.59		(0.13	)		2.66			2.53			—			—		—			15.12		20.10			105		2.18		(1.75	)		2.18			53
Year Ended March 31, 2007		12.59		(0.22	)(a)		0.22			—			—			—		—			12.59		0.00			99		2.17		(1.84	)		2.18			103
Year Ended March 31, 2006		9.29		(0.20	)(a)		3.50			3.30			—			—		—			12.59		35.52			107		2.17		(1.82	)		2.21			107
Period Ended March 31, 2005		9.58		(0.15	)(a)		(0.14	)		(0.29	)		—			—		—			9.29		(3.03	)		34		2.11		(1.92	)		13.65			64
Period Ended May 31, 2004		10.14		(0.05	)(a)		(0.51	)		(0.56	)		—			—		—			9.58		(5.52	)		34		2.11		(1.95	)		18.36	(c)		11

See Notes to Financial Highlights and Notes to Financial Statements.

71

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  (Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated)

																																		Ratio of
																																		Expenses
						Net																									Ratio of			to Average
						Realized																									Net			Net Assets
						and									Distributions						Net										Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							Ratio of Net			Income			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Expenses to			(Loss) to			Reimbursements,			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Average			Average			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Net Assets(2)			Net Assets(2)			Offset)(2)			Rate(3)
International Equity Fund
I Shares
Period Ended September 30, 2007*	$	16.83	$	0.24		$	1.44		$	1.68		$	—		$	—		$	—		$	18.51		9.98	%	$	1,269,042		1.21	%		2.74	%		1.21	%		50	%
Year Ended March 31, 2007		14.49		0.20			2.41			2.61			(0.27	)		—	(b)		(0.27	)		16.83		18.21			1,165,510		1.22			1.31			1.22			81
Year Ended March 31, 2006		11.77		0.16			2.72			2.88			(0.16	)		—			(0.16	)		14.49		24.47	(d)		926,845		1.31			1.40			1.32			59
Period Ended March 31, 2005		10.15		0.06			1.67			1.73			(0.11	)		—			(0.11	)		11.77		17.09			480,731		1.38			0.85			1.38			39
Year Ended May 31, 2004		8.00		0.10	(a)		2.19			2.29			(0.14	)		—			(0.14	)		10.15		28.64			332,180		1.41			1.08			1.41			58
Year Ended May 31, 2003		9.31		0.07			(1.32	)		(1.25	)		(0.06	)		—			(0.06	)		8.00		(13.40	)		191,041		1.46			0.83			1.46			89
Year Ended May 31, 2002		10.19		0.19			(1.07	)		(0.88	)		—			—			—			9.31		(8.64	)		252,991		1.48			0.48			1.48			102
A Shares
Period Ended September 30, 2007*		16.67		0.20			1.44			1.64			—			—			—			18.31		9.84			16,254		1.51			2.44			1.51			50
Year Ended March 31, 2007		14.34		0.16			2.40			2.56			(0.23	)		—	(b)		(0.23	)		16.67		18.00			14,277		1.52			1.05			1.52			81
Year Ended March 31, 2006		11.64		0.11			2.70			2.81			(0.11	)		—			(0.11	)		14.34		24.15	(d)		11,805		1.62			1.14			1.63			59
Period Ended March 31, 2005		10.03		0.01			1.67			1.68			(0.07	)		—			(0.07	)		11.64		16.78			8,480		1.72			0.47			1.75			39
Year Ended May 31, 2004		7.92		0.04	(a)		2.17			2.21			(0.10	)		—			(0.10	)		10.03		29.97			7,056		1.83			0.46			2.06			58
Year Ended May 31, 2003		9.21		0.04			(1.30	)		(1.26	)		(0.03	)		—			(0.03	)		7.92		(13.70	)		6,408		1.83			0.59			2.22			89
Year Ended May 31, 2002		10.11		0.14			(1.04	)		(0.90	)		—			—			—			9.21		(8.90	)		5,272		1.83			(0.21	)		2.08			102
C Shares
Period Ended September 30, 2007*		15.76		0.15			1.34			1.49			—			—			—			17.25		9.45			8,501		2.21			1.74			2.21			50
Year Ended March 31, 2007		13.58		0.05			2.25			2.30			(0.12	)		—	(b)		(0.12	)		15.76		16.97			8,429		2.22			0.35			2.22			81
Year Ended March 31, 2006		11.01		—			2.57			2.57			—			—			—			13.58		23.34	(d)		8,584		2.31			0.51			2.32			59
Period Ended March 31, 2005		9.49		(0.02	)(a)		1.54			1.52			—	(b)		—			—	(b)		11.01		16.03			8,248		2.40			(0.21	)		2.45			39
Year Ended May 31, 2004		7.50		(0.01	)(a)		2.06			2.05			(0.06	)		—			(0.06	)		9.49		27.32			7,606		2.53			(0.15	)		2.86			58
Year Ended May 31, 2003		8.75		(0.01	)		(1.24	)		(1.25	)		—			—			—			7.50		(14.29	)		5,678		2.53			(0.17	)		3.03			89
Year Ended May 31, 2002		9.68		0.04			(0.97	)		(0.93	)		—			—			—			8.75		(9.61	)		6,567		2.53			(0.73	)		2.93			102
International Equity Index Fund
I Shares
Period Ended September 30, 2007*		18.64		0.32			1.30			1.62			—			—			—			20.26		8.69			1,117,177		0.59			3.35			0.59			7
Year Ended March 31, 2007		15.81		0.35			2.84			3.19			(0.36	)		—			(0.36	)		18.64		20.27			994,685		0.61			1.99			0.61			8
Year Ended March 31, 2006		12.83		0.25			2.94			3.19			(0.21	)		—			(0.21	)		15.81		25.06	(d)		774,008		0.76			1.84			0.78			7
Period Ended March 31, 2005		11.11		0.08	(a)		1.88			1.96			(0.24	)		—			(0.24	)		12.83		17.68			517,993		0.97			0.81			1.06			21
Year Ended May 31, 2004		8.39		0.14	(a)		2.71			2.85			(0.13	)		—			(0.13	)		11.11		34.07			351,163		0.98			1.38			1.07			10
Year Ended May 31, 2003		9.76		0.10	(a)		(1.43	)		(1.33	)		(0.04	)		—			(0.04	)		8.39		(13.63	)		248,770		1.03			1.26			1.12			25
Year Ended May 31, 2002		11.18		0.04			(1.43	)		(1.39	)		(0.03	)		—			(0.03	)		9.76		(12.43	)		287,944		1.04			0.63			1.12			35
A Shares
Period Ended September 30, 2007*		18.49		0.29			1.29			1.58			—			—			—			20.07		8.55			6,508		0.89			3.06			0.89			7
Year Ended March 31, 2007		15.66		0.28			2.84			3.12			(0.29	)		—			(0.29	)		18.49		20.03			5,921		0.91			1.69			0.91			8
Year Ended March 31, 2006		12.69		0.25			2.87			3.12			(0.15	)		—			(0.15	)		15.66		24.74	(d)		8,666		1.09			1.58			1.12			7
Period Ended March 31, 2005		10.93		0.04	(a)		1.84			1.88			(0.12	)		—			(0.12	)		12.69		17.22			7,600		1.36			0.38			1.45			21
Year Ended May 31, 2004		8.28		0.07	(a)		2.68			2.75			(0.10	)		—			(0.10	)		10.93		33.26			15,037		1.49			0.73			1.61			10
Year Ended May 31, 2003		9.64		0.10	(a)		(1.45	)		(1.35	)		(0.01	)		—			(0.01	)		8.28		(14.03	)		9,877		1.49			1.33			1.87			25
Year Ended May 31, 2002		11.05		(0.02	)		(1.38	)		(1.40	)		(0.01	)		—			(0.01	)		9.64		(12.65	)		3,222		1.49			(0.12	)		1.90			35

See Notes to Financial Highlights and Notes to Financial Statements.

72

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  (Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated)

																																		Ratio of
																																		Expenses
						Net																									Ratio of			to Average
						Realized																									Net			Net Assets
						and									Distributions						Net										Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							Ratio of Net			Income			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Expenses to			(Loss) to			Reimbursements,			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Average			Average			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Net Assets(2)			Net Assets(2)			Offset)(2)			Rate(3)
International Equity Index Fund
C Shares
Period Ended September 30, 2007*	$	17.99	$	0.23		$	1.24		$	1.47		$	—		$	—		$	—		$	19.46		8.17	%	$	7,262		1.59	%		2.39	%		1.59	%		7	%
Year Ended March 31, 2007		15.29		0.21			2.71			2.92			(0.22	)		—			(0.22	)		17.99		19.13			7,342		1.61			0.99			1.61			8
Year Ended March 31, 2006		12.37		0.07			2.87			2.94			(0.02	)		—			(0.02	)		15.29		23.79	(d)		5,991		1.77			0.94			1.80			7
Period Ended March 31, 2005		10.69		(0.02	)(a)		1.80			1.78			(0.10	)		—			(0.10	)		12.37		16.62			5,763		1.99			(0.24	)		2.12			21
Year Ended May 31, 2004		8.10		0.02	(a)		2.62			2.64			(0.05	)		—			(0.05	)		10.69		32.60			5,208		2.14			0.25			2.54			10
Year Ended May 31, 2003		9.48		0.01	(a)		(1.39	)		(1.38	)		—			—			—			8.10		(14.56	)		3,093		2.14			0.18			2.82			25
Year Ended May 31, 2002		10.93		(0.12	)		(1.33	)		(1.45	)		—			—			—			9.48		(13.27	)		3,505		2.14			(0.68	)		2.26			35
Large Cap Core Equity Fund
I Shares
Period Ended September 30, 2007*		17.79		0.13			1.07			1.20			(0.13	)		—			(0.13	)		18.86		6.72			1,597,397		0.85			1.36			0.85			33
Year Ended March 31, 2007		17.20		0.25			1.87			2.12			(0.26	)		(1.27	)		(1.53	)		17.79		12.51			1,554,971		0.85			1.41			0.85			58
Year Ended March 31, 2006		16.07		0.18			1.83			2.01			(0.18	)		(0.70	)		(0.88	)		17.20		12.76			1,396,362		0.90			1.15			0.90			55
Period Ended March 31, 2005		14.72		0.17			1.74			1.91			(0.18	)		(0.38	)		(0.56	)		16.07		12.98			1,010,717		0.96			1.23			0.96			44
Year Ended May 31, 2004		12.21		0.14	(a)		2.50			2.64			(0.13	)		—			(0.13	)		14.72		21.76			782,665		1.00			1.03			1.00			51
Year Ended May 31, 2003		13.80		0.13			(1.60	)		(1.47	)		(0.12	)		—			(0.12	)		12.21		(10.58	)		598,862		0.99			1.05			0.99			52
Year Ended May 31, 2002		15.05		0.09			(1.26	)		(1.17	)		(0.08	)		—			(0.08	)		13.80		(7.80	)		792,557		0.99			0.63			0.99			68
A Shares
Period Ended September 30, 2007*		17.97		0.10			1.08			1.18			(0.10	)		—			(0.10	)		19.05		6.53			47,705		1.10			1.10			1.10			33
Year Ended March 31, 2007		17.36		0.20			1.89			2.09			(0.21	)		(1.27	)		(1.48	)		17.97		12.25			46,878		1.10			1.19			1.10			58
Year Ended March 31, 2006		16.21		0.14			1.85			1.99			(0.14	)		(0.70	)		(0.84	)		17.36		12.50			45,851		1.15			0.90			1.15			55
Period Ended March 31, 2005		14.83		0.14			1.77			1.91			(0.15	)		(0.38	)		(0.53	)		16.21		12.86			44,743		1.18			0.97			1.23			44
Year Ended May 31, 2004		12.31		0.12	(a)		2.51			2.63			(0.11	)		—			(0.11	)		14.83		21.45			45,808		1.18			0.84			1.36			51
Year Ended May 31, 2003		13.91		0.11			(1.61	)		(1.50	)		(0.10	)		—			(0.10	)		12.31		(10.74	)		36,305		1.18			0.88			1.38			52
Year Ended May 31, 2002		15.17		0.06			(1.27	)		(1.21	)		(0.05	)		—			(0.05	)		13.91		(7.97	)		36,789		1.18			0.44			1.36			68
C Shares
Period Ended September 30, 2007*		17.56		0.04			1.04			1.08			(0.04	)		—			(0.04	)		18.60		6.13			64,939		1.85			0.35			1.85			33
Year Ended March 31, 2007		17.00		0.08			1.84			1.92			(0.09	)		(1.27	)		(1.36	)		17.56		11.40			68,436		1.85			0.42			1.85			58
Year Ended March 31, 2006		15.89		0.02			1.81			1.83			(0.02	)		(0.07	)		(0.72	)		17.00		11.69			78,348		1.90			0.15			1.90			55
Period Ended March 31, 2005		14.54		0.03			1.74			1.77			(0.04	)		(0.38	)		(0.42	)		15.89		12.12			88,741		1.93			0.23			1.99			44
Year Ended May 31, 2004		12.08		0.01	(a)		2.47			2.48			(0.02	)		—			(0.02	)		14.54		20.58			97,899		1.93			0.09			2.17			51
Year Ended May 31, 2003		13.66		—			(1.56	)		(1.56	)		(0.02	)		—			(0.02	)		12.08		(11.41	)		74,261		1.93			0.11			2.20			52
Year Ended May 31, 2002		14.96		(0.02	)		(1.28	)		(1.30	)		—			—			—			13.66		(8.69	)		94,671		1.93			(0.29	)		2.16			68

See Notes to Financial Highlights and Notes to Financial Statements.

73

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  (Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated)

																																		Ratio of
																																		Expenses
						Net																									Ratio of			to Average
						Realized																									Net			Net Assets
						and									Distributions						Net										Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							Ratio of Net			Income			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Expenses to			(Loss) to			Reimbursements,			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Average			Average			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Net Assets(2)			Net Assets(2)			Offset)(2)			Rate(3)
Large Cap Growth Stock Fund
I Shares
Period Ended September 30, 2007*	$	12.86	$	0.02		$	1.68		$	1.70		$	(0.02	)	$	—		$	(0.02	)	$	14.54		13.21	%	$	682,081		1.00	%		0.26	%		1.00	%		54	%
Year Ended March 31, 2007		12.83		0.06	(a)		0.58			0.64			(0.06	)		(0.55	)		(0.61	)		12.86		5.08			1,105,504		0.98			0.48			0.98			79
Year Ended March 31, 2006		12.22		0.03	(a)		0.86			0.89			(0.02	)		(0.26	)		(0.28	)		12.83		7.33			1,296,236		1.06			0.22			1.07			74
Period Ended March 31, 2005		12.33		0.03	(a)		0.07			0.10			(0.03	)		(0.18	)		(0.21	)		12.22		0.76			1,493,213		1.19			0.31			1.21			72
Year Ended May 31, 2004		11.02		(0.03	)(a)		1.34			1.31			—			—			—			12.33		11.89			1,248,636		1.23			(0.25	)		1.24			106
Year Ended May 31, 2003		12.24		(0.03	)(a)		(1.19	)		(1.22	)		—			—			—			11.02		(9.97	)		1,090,549		1.22			(0.32	)		1.24			69
Year Ended May 31, 2002		13.89		—			(1.53	)		(1.53	)		—			(0.12	)		(0.12	)		12.24		(11.06	)		1,204,445		1.22			(0.54	)		1.24			75
A Shares
Period Ended September 30, 2007*		12.19		(0.01	)		1.61			1.60			—	(b)		—			—	(b)		13.79		13.14			81,838		1.30			(0.06	)		1.30			54
Year Ended March 31, 2007		12.20		0.02	(a)		0.56			0.58			(0.04	)		(0.55	)		(0.59	)		12.19		4.69			80,848		1.28			0.18			1.28			79
Year Ended March 31, 2006		11.66		(0.03	)(a)		0.83			0.80			—			(0.26	)		(0.26	)		12.20		6.97			104,733		1.50			(0.22	)		1.50			74
Period Ended March 31, 2005		11.82		(0.04	)(a)		0.06			0.02			—			(0.18	)		(0.18	)		11.66		0.15			126,895		1.86			(0.38	)		1.90			72
Year Ended May 31, 2004		10.63		(0.10	)(a)		1.29			1.19			—			—			—			11.82		11.19			145,883		1.88			(0.91	)		2.00			106
Year Ended May 31, 2003		11.89		(0.10	)(a)		(1.16	)		(1.26	)		—			—			—			10.63		(10.60	)		141,488		1.88			(0.98	)		2.00			69
Year Ended May 31, 2002		13.59		(0.10	)		(1.48	)		(1.58	)		—			(0.12	)		(0.12	)		11.89		(11.68	)		163,155		1.88			(1.20	)		1.99			75
C Shares
Period Ended September 30, 2007*		11.36		(0.05	)		1.49			1.44			—			—			—			12.80		12.68			36,067		2.00			(0.76	)		2.00			54
Year Ended March 31, 2007		11.46		(0.06	)(a)		0.52			0.46			(0.01	)		(0.55	)		(0.56	)		11.36		3.96			37,356		1.98			(0.52	)		1.98			79
Year Ended March 31, 2006		11.04		(0.09	)(a)		0.77			0.68			—			(0.26	)		(0.26	)		11.46		6.27			51,883		2.07			(0.79	)		2.08			74
Period Ended March 31, 2005		11.22		(0.07	)(a)		0.07			—			—			(0.18	)		(0.18	)		11.04		(0.02	)		75,786		2.21			(0.74	)		2.24			72
Year Ended May 31, 2004		10.15		(0.15	)(a)		1.22			1.07			—			—			—			11.22		10.54			100,472		2.35			(1.38	)		2.43			106
Year Ended May 31, 2003		11.40		(0.14	)(a)		(1.11	)		(1.25	)		—			—			—			10.15		(10.96	)		94,505		2.35			(1.45	)		2.45			69
Year Ended May 31, 2002		13.09		(0.06	)		(1.51	)		(1.57	)		—			(0.12	)		(0.12	)		11.40		(12.05	)		110,923		2.35			(1.67	)		2.39			75
Large Cap Quantitative Equity Fund(4)
I Shares
Period Ended September 30, 2007*		14.08		0.04			0.57			0.61			(0.05	)		—			(0.05	)		14.64		4.32			276,623		0.92			0.61			0.92			230
Year Ended March 31, 2007		13.75		0.07	(a)		0.69			0.76			(0.06	)		(0.37	)		(0.43	)		14.08		5.63			309,126		0.92			0.48			0.92			450
Year Ended March 31, 2006		13.25		0.01	(a)		1.55			1.56			—	(b)		(1.06	)		(1.06	)		13.75		12.17			284,727		0.99			0.07			1.02			432
Period Ended March 31, 2005		12.08		(0.02	)(a)		1.91			1.89			—			(0.72	)		(0.72	)		13.25		15.84			93,204		1.11			(0.19	)		1.26			346
Period Ended May 31, 2004		10.00		(0.02	)(a)		2.35			2.33			—			(0.25	)		(0.25	)		12.08		23.43			66,812		1.13			(0.22	)		1.33			344
A Shares
Period Ended September 30, 2007*		13.97		0.03			0.54			0.57			(0.03	)		—			(0.03	)		14.51		4.10			1,132		1.17			0.35			1.17			230
Year Ended March 31, 2007		13.65		0.03	(a)		0.69			0.72			(0.03	)		(0.37	)		(0.40	)		13.97		5.38			944		1.17			0.24			1.17			450
Year Ended March 31, 2006		13.18		(0.02	)(a)		1.55			1.53			—			(1.06	)		(1.06	)		13.65		11.90			1,181		1.23			(0.17	)		1.27			432
Period Ended March 31, 2005		12.05		(0.05	)(a)		1.90			1.85			—			(0.72	)		(0.72	)		13.18		15.54			407		1.39			(0.47	)		2.37			346
Period Ended May 31, 2004		11.35		(0.05	)(a)		1.00			0.95			—			(0.25	)		(0.25	)		12.05		8.48			155		1.55			(0.67	)		10.70	(c)		344

See Notes to Financial Highlights and Notes to Financial Statements.

74

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  (Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated)

																																		Ratio of
																																		Expenses
						Net																									Ratio of			to Average
						Realized																									Net			Net Assets
						and									Distributions						Net										Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							Ratio of Net			Income			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Expenses to			(Loss) to			Reimbursements,			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Average			Average			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Net Assets(2)			Net Assets(2)			Offset)(2)			Rate(3)
Large Cap Quantitative Equity Fund(4)
C Shares
Period Ended September 30, 2007*	$	13.61	$	(0.03	)	$	0.54		$	0.51		$	—		$	—		$	—		$	14.12		3.75	%	$	1,250		1.92	%		(0.39	)%		1.92	%		230	%
Year Ended March 31, 2007		13.37		(0.07	)(a)		0.68			0.61			—			(0.37	)		(0.37	)		13.61		4.60			1,255		1.92			(0.54	)		1.92			450
Year Ended March 31, 2006		13.03		(0.13	)(a)		1.53			1.40			—			(1.06	)		(1.06	)		13.37		11.11			1,518		2.00			(0.97	)		2.05			432
Period Ended March 31, 2005		12.00		(0.13	)(a)		1.88			1.75			—			(0.72	)		(0.72	)		13.03		14.76			1,458		2.13			(1.22	)		2.39			346
Period Ended May 31, 2004		11.64		(0.11	)(a)		0.72			0.61			—			(0.25	)		(0.25	)		12.00		5.34			1,573		2.30			(1.42	)		3.09			344
Large Cap Value Equity Fund
I Shares
Period Ended September 30, 2007*		15.13		0.14			1.08			1.22			(0.13	)		—			(0.13	)		16.22		8.05			1,083,646		0.82			1.75			0.82			57
Year Ended March 31, 2007		13.85		0.23			1.85			2.08			(0.23	)		(0.57	)		(0.80	)		15.13		15.26			893,491		0.83			1.62			0.83			95
Year Ended March 31, 2006		12.59		0.23			1.26			1.49			(0.23	)		—			(0.23	)		13.85		11.93			766,547		0.85			1.74			0.86			104
Period Ended March 31, 2005		11.47		0.15			1.15			1.30			(0.18	)		—			(0.18	)		12.59		11.42			792,677		0.86			1.52			0.86			87
Year Ended May 31, 2004		9.73		0.15	(a)		1.74			1.89			(0.15	)		—			(0.15	)		11.47		19.58			715,928		0.90			1.40			0.90			67
Year Ended May 31, 2003		11.05		0.15			(1.33	)		(1.18	)		(0.14	)		—			(0.14	)		9.73		(10.54	)		681,899		0.89			1.68			0.89			46
Year Ended May 31, 2002		11.61		0.12			(0.56	)		(0.44	)		(0.12	)		—			(0.12	)		11.05		(3.68	)		686,014		0.90			1.13			0.90			60
A Shares
Period Ended September 30, 2007*		15.08		0.11			1.08			1.19			(0.10	)		—			(0.10	)		16.17		7.92			62,673		1.12			1.45			1.12			57
Year Ended March 31, 2007		13.82		0.19			1.83			2.02			(0.19	)		(0.57	)		(0.76	)		15.08		14.81			62,390		1.13			1.32			1.13			95
Year Ended March 31, 2006		12.56		0.19			1.26			1.45			(0.19	)		—			(0.19	)		13.82		11.61			67,845		1.16			1.43			1.17			104
Period Ended March 31, 2005		11.43		0.11			1.16			1.27			(0.14	)		—			(0.14	)		12.56		11.18			75,462		1.20			1.18			1.20			87
Year Ended May 31, 2004		9.70		0.11	(a)		1.73			1.84			(0.11	)		—			(0.11	)		11.43		19.10			73,257		1.28			1.01			1.31			67
Year Ended May 31, 2003		11.01		0.12			(1.32	)		(1.20	)		(0.11	)		—			(0.11	)		9.70		(10.85	)		65,294		1.28			1.29			1.32			46
Year Ended May 31, 2002		11.58		0.08			(0.56	)		(0.48	)		(0.09	)		—			(0.09	)		11.01		(4.14	)		75,697		1.28			0.74			1.31			60
C Shares
Period Ended September 30, 2007*		14.92		0.06			1.07			1.13			(0.05	)		—			(0.05	)		16.00		7.58			38,959		1.82			0.75			1.82			57
Year Ended March 31, 2007		13.68		0.09			1.81			1.90			(0.09	)		(0.57	)		(0.66	)		14.92		14.04			40,223		1.83			0.62			1.83			95
Year Ended March 31, 2006		12.43		0.09			1.25			1.34			(0.09	)		—			(0.09	)		13.68		10.86			44,257		1.85			0.74			1.86			104
Period Ended March 31, 2005		11.31		0.03			1.15			1.18			(0.06	)		—			(0.06	)		12.43		10.46			53,147		1.88			0.49			1.89			87
Year Ended May 31, 2004		9.60		0.03	(a)		1.72			1.75			(0.04	)		—			(0.04	)		11.31		18.27			57,403		2.02			0.27			2.07			67
Year Ended May 31, 2003		10.90		0.05			(1.31	)		(1.26	)		(0.04	)		—			(0.04	)		9.60		(11.56	)		49,007		2.02			0.55			2.10			46
Year Ended May 31, 2002		11.46		—			(0.55	)		(0.55	)		(0.01	)		—			(0.01	)		10.90		(4.82	)		59,392		2.02			0.00			2.05			60
Mid-Cap Core Equity Fund
I Shares
Period Ended September 30, 2007*		13.89		0.04			0.59			0.63			(0.03	)		—			(0.03	)		14.49		4.51			310,817		1.06			0.44			1.06			31
Year Ended March 31, 2007		13.67		0.06			1.21			1.27			(0.06	)		(0.99	)		(1.05	)		13.89		9.59			333,976		1.07			0.43			1.07			189
Year Ended March 31, 2006		12.03		0.07			2.26			2.33			(0.07	)		(0.62	)		(0.69	)		13.67		19.68			410,459		1.12			0.63			1.13			138
Period Ended March 31, 2005		10.32		0.07			1.70			1.77			(0.06	)		—			(0.06	)		12.03		17.17			214,660		1.20			0.64			1.22			68
Year Ended May 31, 2004		8.74		0.06	(a)		1.57			1.63			(0.05	)		—			(0.05	)		10.32		18.70			177,128		1.23			0.64			1.26			126
Year Ended May 31, 2003		9.79		(0.03	)(a)		(1.02	)(e)		(1.05	)(e)		—			—			—			8.74		(10.73	)		118,092		1.22			(0.31	)		1.25			144
Year Ended May 31, 2002		10.95		0.01			(1.17	)		(1.16	)		—			—			—			9.79		(10.59	)		171,813		1.22			(0.18	)		1.24			87

See Notes to Financial Highlights and Notes to Financial Statements.

75

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  (Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated)

																																		Ratio of
																																		Expenses
						Net																									Ratio of			to Average
						Realized																									Net			Net Assets
						and									Distributions						Net										Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							Ratio of Net			Income			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Expenses to			(Loss) to			Reimbursements,			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Average			Average			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Net Assets(2)			Net Assets(2)			Offset)(2)			Rate(3)
Mid-Cap Core Equity Fund
A Shares
Period Ended September 30, 2007*	$	13.28	$	0.01		$	0.56		$	0.57		$	(0.01	)	$	—		$	(0.01	)	$	13.84		4.31	%	$	11,119		1.36	%		0.14	%		1.36	%		31	%
Year Ended March 31, 2007		13.12		0.02			1.16			1.18			(0.03	)		(0.99	)		(1.02	)		13.28		9.28			11,773		1.37			0.12			1.37			189
Year Ended March 31, 2006		11.57		0.03			2.17			2.20			(0.03	)		(0.62	)		(0.65	)		13.12		19.32			16,009		1.47			0.25			1.48			138
Period Ended March 31, 2005		9.92		0.02			1.64			1.66			(0.01	)		—			(0.01	)		11.57		16.79			14,556		1.63			0.21			1.68			68
Year Ended May 31, 2004		8.42		0.02	(a)		1.51			1.53			(0.03	)		—			(0.03	)		9.92		18.16			17,125		1.68			0.20			1.87			126
Year Ended May 31, 2003		9.47		(0.05	)(a)		(1.00	)		(1.05	)		—			—			—			8.42		(11.09	)		12,137		1.68			(0.68	)		1.92			144
Year Ended May 31, 2002		10.64		(0.03	)		(1.14	)		(1.17	)		—			—			—			9.47		(11.00	)		10,766		1.68			(0.63	)		1.89			87
C Shares
Period Ended September 30, 2007*		12.16		(0.04	)		0.53			0.49			—			—			—			12.65		4.03			9,960		2.06			(0.56	)		2.06			31
Year Ended March 31, 2007		12.15		(0.01	)		1.01			1.00			—			(0.99	)		(0.99	)		12.16		8.51			10,854		2.07			(0.58	)		2.07			189
Year Ended March 31, 2006		10.81		—			1.96			1.96			—			(0.62	)		(0.62	)		12.15		18.44			13,499		2.13			(0.42	)		2.14			138
Period Ended March 31, 2005		9.30		0.01			1.50			1.51			—			—			—			10.81		16.24			14,557		2.21			(0.37	)		2.28			68
Year Ended May 31, 2004		7.92		(0.04	)(a)		1.43			1.39			(0.01	)		—			(0.01	)		9.30		17.51			15,998		2.28			(0.41	)		2.54			126
Year Ended May 31, 2003		8.97		(0.10	)(a)		(0.95	)		(1.05	)		—			—			—			7.92		(11.71	)		12,013		2.28			(1.33	)		2.60			144
Year Ended May 31, 2002		10.14		0.02			(1.19	)		(1.17	)		—			—			—			8.97		(11.54	)		13,937		2.28			(1.23	)		2.50			87
Mid-Cap Value Equity Fund(4)
I Shares
Period Ended September 30, 2007*		13.02		0.13			0.67			0.80			(0.12	)		—			(0.12	)		13.70		6.15			309,876		1.06			1.95			1.06			108
Year Ended March 31, 2007		13.14		0.14			2.04			2.18			(0.13	)		(2.17	)		(2.30	)		13.02		17.47			278,949		1.06			1.08			1.06			196
Year Ended March 31, 2006		12.27		0.13			2.15			2.28			(0.13	)		(1.28	)		(1.41	)		13.14		19.49			243,534		1.13			1.03			1.16			169
Period Ended March 31, 2005		10.95		0.11			1.33			1.44			(0.12	)		—			(0.12	)		12.27		13.25			209,088		1.22			1.19			1.32			117
Year Ended May 31, 2004		8.62		0.05	(a)		2.33			2.38			(0.05	)		—			(0.05	)		10.95		27.71			147,185		1.26			0.53			1.36			95
Year Ended May 31, 2003		10.95		0.05			(2.16	)		(2.11	)		(0.04	)		(0.18	)		(0.22	)		8.62		(19.05	)		99,854		1.25			0.63			1.35			71
Period Ended May 31, 2002		10.00		0.02			0.94			0.96			(0.01	)		—			(0.01	)		10.95		9.65			174,859		1.27			0.29			1.37			30
A Shares
Period Ended September 30, 2007*		12.97		0.10			0.68			0.78			(0.10	)		—			(0.10	)		13.65		6.04			4,242		1.36			1.69			1.36			108
Year Ended March 31, 2007		13.10		0.11			2.03			2.14			(0.10	)		(2.17	)		(2.27	)		12.97		17.11			3,362		1.36			0.78			1.36			196
Year Ended March 31, 2006		12.24		0.09			2.14			2.23			(0.09	)		(1.28	)		(1.37	)		13.10		19.09			2,435		1.46			0.72			1.49			169
Period Ended March 31, 2005		10.94		0.08			1.31			1.39			(0.09	)		—			(0.09	)		12.24		12.73			1,724		1.62			0.74			1.93			117
Period Ended May 31, 2004		9.39		0.02	(a)		1.55			1.57			(0.02	)		—			(0.02	)		10.94		16.73			610		1.60			0.24			4.23			95
C Shares
Period Ended September 30, 2007*		12.91		0.07			0.66			0.73			(0.06	)		—			(0.06	)		13.58		5.62			5,653		2.06			0.92			2.06			108
Year Ended March 31, 2007		13.06		0.02			2.01			2.03			(0.01	)		(2.17	)		(2.18	)		12.91		16.27			6,269		2.06			0.07			2.06			196
Year Ended March 31, 2006		12.21		0.02			2.13			2.15			(0.02	)		(1.28	)		(1.30	)		13.06		18.47			6,366		2.03			0.13			2.17			169
Period Ended March 31, 2005		10.90		0.04			1.32			1.36			(0.05	)		—			(0.05	)		12.21		12.47			6,888		1.91			0.54			2.39			117
Year Ended May 31, 2004		8.58		(0.01	)(a)		2.33			2.32			—	(b)		—			—	(b)		10.90		27.06			7,880		1.90			(0.11	)		2.74			95
Year Ended May 31, 2003		10.92		0.01			(2.16	)		(2.15	)		(0.01	)		(0.18	)		(0.19	)		8.58		(19.58	)		5,744		1.90			0.03			2.85			71
Period Ended May 31, 2002		10.00		(0.01	)		0.93			0.92			—			—			—			10.92		9.24			5,465		1.89			(0.31	)		2.72			30

See Notes to Financial Highlights and Notes to Financial Statements.

76

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  (Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated)

																																		Ratio of
																																		Expenses
						Net																									Ratio of			to Average
						Realized																									Net			Net Assets
						and									Distributions						Net										Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							Ratio of Net			Income			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Expenses to			(Loss) to			Reimbursements,			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Average			Average			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Net Assets(2)			Net Assets(2)			Offset)(2)			Rate(3)
Select Large Cap Growth Stock Fund(4)
I Shares
Period Ended September 30, 2007*	$	26.92	$	0.03		$	4.10		$	4.13		$	—	(b)	$	—		$	—	(b)	$	31.05		15.39	%	$	95,793		0.95	%		0.20	%		0.95	%		32	%
Year Ended March 31, 2007		25.83		0.15	(a)		0.99			1.14			(0.05	)		—			(0.05	)		26.92		4.42			98,027		0.97			0.59			0.98			160
Year Ended March 31, 2006		24.14		—			1.82			1.82			(0.13	)		—			(0.13	)		25.83		7.54			74,481		1.07			0.21			1.08			82
Period Ended March 31, 2005		23.31		0.10	(a)		0.77			0.87			(0.04	)		—			(0.04	)		24.14		3.74			98,982		1.22			0.52			1.25			51
Year Ended May 31, 2004		20.78		(0.06	)(a)		2.59			2.53			—			—			—			23.31		12.18			144,732		1.25			(0.28	)		1.25			49
Year Ended May 31, 2003		23.25		—	(a)		(2.47	)		(2.47	)		—			—			—			20.78		(10.62	)		198,429		1.24			(0.01	)		1.24			58
Year Ended May 31, 2002		26.74		(0.02	)		(3.47	)		(3.49	)		—			—			—			23.25		(13.05	)		244,707		1.24			(0.10	)		1.24			69
A Shares
Period Ended September 30, 2007*		26.73		(0.02	)		4.08			4.06			—			—			—			30.79		15.19			408		1.25			(0.10	)		1.25			32
Year Ended March 31, 2007		25.67		0.07	(a)		0.99			1.06			—			—			—			26.73		4.13			371		1.28			0.26			1.29			160
Year Ended March 31, 2006		24.02		(0.05	)		1.78			1.73			(0.08	)		—			(0.08	)		25.67		7.21			468		1.39			(0.11	)		1.41			82
Period Ended March 31, 2005		23.26		0.03	(a)		0.77			0.80			(0.04	)		—			(0.04	)		24.02		3.42			667		1.62			0.13			2.00			51
Period Ended May 31, 2004		22.32		(0.10	)(a)		1.04			0.94			—			—			—			23.26		4.21			365		1.65			(0.71	)		4.48	(c)		49
C Shares
Period Ended September 30, 2007*		24.93		(0.12	)		3.81			3.69			—			—			—			28.62		14.80			32,637		1.95			(0.81	)		1.95			32
Year Ended March 31, 2007		24.11		(0.11	)(a)		0.93			0.82			—			—			—			24.93		3.40			32,895		1.98			(0.44	)		1.99			160
Year Ended March 31, 2006		22.67		(0.11	)		1.57			1.46			(0.02	)		—			(0.02	)		24.11		6.46			48,412		2.07			(0.80	)		2.08			82
Period Ended March 31, 2005		22.04		(0.09	)(a)		0.72			0.63			—			—			—			22.67		2.86			67,950		2.23			(0.47	)		2.28			51
Year Ended May 31, 2004		19.85		(0.29	)(a)		2.48			2.19			—			—			—			22.04		11.03			92,966		2.31			(1.34	)		2.41			49
Year Ended May 31, 2003		22.45		(0.20	)(a)		(2.40	)		(2.60	)		—			—			—			19.85		(11.58	)		110,085		2.31			(1.07	)		2.40			58
Year Ended May 31, 2002		26.10		(0.41	)		(3.24	)		(3.65	)		—			—			—			22.45		(13.98	)		167,973		2.31			(1.16	)		2.36			69
Small Cap Growth Stock Fund
I Shares
Period Ended September 30, 2007*		20.61		(0.07	)		2.42			2.35			—			—			—			22.96		11.40			664,622		1.18			(0.59	)		1.19			65
Year Ended March 31, 2007		23.65		(0.11	)(a)		(1.74	)		(1.85	)		—			(1.19	)		(1.19	)		20.61		(7.80	)		845,570		1.16			(0.51	)		1.16			139
Year Ended March 31, 2006		19.99		(0.14	)(a)		5.46			5.32			—			(1.66	)		(1.66	)		23.65		27.55			1,641,681		1.17			(0.66	)		1.18			98
Period Ended March 31, 2005		20.25		(0.08	)(a)		2.27			2.19			—			(2.45	)		(2.45	)		19.99		10.60			940,775		1.22			(0.46	)		1.22			70
Year Ended May 31, 2004		15.19		(0.16	)(a)		5.22			5.06			—			—			—			20.25		33.31			789,650		1.25			(0.83	)		1.25			107
Year Ended May 31, 2003		17.28		(0.12	)(a)		(1.72	)		(1.84	)		—			(0.25	)		(0.25	)		15.19		(10.50	)		567,714		1.24			(0.87	)		1.24			96
Year Ended May 31, 2002		18.37		—			(1.02	)		(1.02	)		—			(0.07	)		(0.07	)		17.28		(5.55	)		593,211		1.25			(1.01	)		1.25			100
A Shares
Period Ended September 30, 2007*		19.96		(0.10	)		2.34			2.24			—			—			—			22.20		11.22			23,174		1.48			(0.89	)		1.49			65
Year Ended March 31, 2007		23.02		(0.17	)(a)		(1.70	)		(1.87	)		—			(1.19	)		(1.19	)		19.96		(8.06	)		24,320		1.46			(0.81	)		1.46			139
Year Ended March 31, 2006		19.56		(0.21	)(a)		5.33			5.12			—			(1.66	)		(1.66	)		23.02		27.13	(f)		59,896		1.51			(1.00	)		1.54			98
Period Ended March 31, 2005		19.92		(0.14	)(a)		2.23			2.09			—			(2.45	)		(2.45	)		19.56		10.26			38,954		1.61			(0.84	)		1.73			70
Year Ended May 31, 2004		15.00		(0.22	)(a)		5.14			4.92			—			—			—			19.92		32.80			40,590		1.61			(1.20	)		1.88			107
Year Ended May 31, 2003		17.12		(0.17	)(a)		(1.70	)		(1.87	)		—			(0.25	)		(0.25	)		15.00		(10.77	)		21,887		1.61			(1.23	)		1.93			96
Year Ended May 31, 2002		18.26		(0.17	)		(0.90	)		(1.07	)		—			(0.07	)		(0.07	)		17.12		(5.86	)		24,978		1.61			(1.37	)		1.88			100

See Notes to Financial Highlights and Notes to Financial Statements.

77

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  (Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated)

																																		Ratio of
																																		Expenses
						Net																									Ratio of			to Average
						Realized																									Net			Net Assets
						and									Distributions						Net										Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							Ratio of Net			Income			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Expenses to			(Loss) to			Reimbursements,			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Average			Average			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Net Assets(2)			Net Assets(2)			Offset)(2)			Rate(3)
Small Cap Growth Stock Fund
C Shares
Period Ended September 30, 2007*	$	18.46	$	(0.16	)	$	2.16		$	2.00		$	—		$	—		$	—		$	20.46		10.83	%	$	20,437		2.18	%		(1.59	)%		2.19	%		65	%
Year Ended March 31, 2007		21.53		(0.29	)(a)		(1.59	)		(1.88	)		—			(1.19	)		(1.19	)		18.46		(8.68	)		21,545		2.16			(1.51	)		2.16			139
Year Ended March 31, 2006		18.51		(0.33	)(a)		5.01			4.68			—			(1.66	)		(1.66	)		21.53		26.27	(f)		36,242		2.18			(1.67	)		2.18			98
Period Ended March 31, 2005		19.06		(0.23	)(a)		2.13			1.90			—			(2.45	)		(2.45	)		18.51		9.71			35,322		2.22			(1.46	)		2.24			70
Year Ended May 31, 2004		14.45		(0.34	)(a)		4.95			4.61			—			—			—			19.06		31.90			40,354		2.31			(1.90	)		2.40			107
Year Ended May 31, 2003		16.62		(0.26	)(a)		(1.66	)		(1.92	)		—			(0.25	)		(0.25	)		14.45		(11.40	)		25,601		2.31			(1.93	)		2.46			96
Year Ended May 31, 2002		17.85		(0.02	)		(1.14	)		(1.16	)		—			(0.07	)		(0.07	)		16.62		(6.50	)		29,457		2.31			(2.07	)		2.41			100
Small Cap Value Equity Fund(4)
I Shares
Period Ended September 30, 2007*		17.35		0.10			0.78			0.88			(0.09	)		—			(0.09	)		18.14		5.05			640,631		1.19			1.06			1.19			26
Year Ended March 31, 2007		20.93		0.10			1.25			1.35			(0.11	)		(4.82	)		(4.93	)		17.35		7.41			674,619		1.18			0.55			1.18			62
Year Ended March 31, 2006		19.86		0.10			5.39			5.49			(0.10	)		(4.32	)		(4.42	)		20.93		30.70			762,709		1.20			0.48			1.20			58
Period Ended March 31, 2005		18.26		0.04	(a)		3.15			3.19			(0.06	)		(1.53	)		(1.59	)		19.86		17.57			726,904		1.21			0.22			1.21			17
Year Ended May 31, 2004		13.73		0.06	(a)		4.53			4.59			(0.06	)		—			(0.06	)		18.26		33.56			682,567		1.25			0.38			1.25			44
Year Ended May 31, 2003		14.54		0.08			(0.82	)		(0.74	)		(0.07	)		—			(0.07	)		13.73		(5.09	)		518,468		1.24			0.64			1.24			29
Year Ended May 31, 2002		12.21		0.08			2.35			2.43			(0.10	)		—			(0.10	)		14.54		20.06			614,199		1.25			0.67			1.25			29
A Shares
Period Ended September 30, 2007*		17.20		0.08			0.77			0.85			(0.07	)		—			(0.07	)		17.98		4.91			7,006		1.44			0.79			1.44			26
Year Ended March 31, 2007		20.79		0.05			1.24			1.29			(0.06	)		(4.82	)		(4.88	)		17.20		7.17			7,629		1.44			0.28			1.44			62
Year Ended March 31, 2006		19.75		0.06			5.36			5.42			(0.06	)		(4.32	)		(4.38	)		20.79		30.44			5,317		1.45			0.22			1.48			58
Period Ended March 31, 2005		18.18		(0.01	)(a)		3.13			3.12			(0.02	)		(1.53	)		(1.55	)		19.75		17.26			4,616		1.47			(0.05	)		1.61			17
Period Ended May 31, 2004		15.75		0.03	(a)		2.41			2.44			(0.01	)		—			(0.01	)		18.18		15.51			4,088		1.55			0.30			2.15			44
C Shares
Period Ended September 30, 2007*		16.76		0.08			0.75			0.83			(0.07	)		—			(0.07	)		17.52		4.98			32,264		1.44			0.80			1.44			26
Year Ended March 31, 2007		20.39		0.05			1.20			1.25			(0.06	)		(4.82	)		(4.88	)		16.76		7.10			35,289		1.43			0.30			1.43			62
Year Ended March 31, 2006		19.45		0.06			5.26			5.32			(0.06	)		(4.32	)		(4.38	)		20.39		30.41			45,388		1.45			0.23			1.70			58
Period Ended March 31, 2005		17.91		(0.01	)(a)		3.09			3.08			(0.01	)		(1.53	)		(1.54	)		19.45		17.27			43,664		1.50			(0.07	)		2.25			17
Year Ended May 31, 2004		13.55		(0.10	)(a)		4.46			4.36			—	(b)		—			—	(b)		17.91		32.20			46,192		2.26			(0.64	)		2.45			44
Year Ended May 31, 2003		14.43		(0.04	)		(0.84	)		(0.88	)		—			—			—			13.55		(6.10	)		34,064		2.31			(0.40	)		2.50			29
Year Ended May 31, 2002		12.15		—			2.29			2.29			(0.01	)		—			(0.01	)		14.43		18.92			32,708		2.31			(0.38	)		2.52			29
Life Vision Aggressive Growth Fund(4)(g)
I Shares
Period Ended September 30, 2007*		13.00		0.04			1.06			1.10			(0.04	)		—			(0.04	)		14.06		8.44			38,034		0.18			0.53			0.18			19
Year Ended March 31, 2007		12.32		0.12	(a)		1.05			1.17			(0.25	)		(0.24	)		(0.49	)		13.00		9.60			53,098		0.18			0.94			0.18			52
Year Ended March 31, 2006(h)		11.07		0.07	(a)		1.45			1.52			(0.14	)		(0.13	)		(0.27	)		12.32		13.90			52,765		0.21			0.66			0.26			31
Period Ended March 31, 2005(h)		10.25		0.09			0.85			0.94			(0.12	)		—			(0.12	)		11.07		9.15			43,283		0.21			0.98			0.34			29
Year Ended May 31, 2004		8.55		0.04	(a)		1.70			1.74			(0.04	)(i)		—			(0.04	)(i)		10.25		20.34			38,468		0.25			0.39			0.39			44
Year Ended May 31, 2003		9.57		0.03			(1.02	)		(0.99	)		(0.03	)		—			(0.03	)		8.55		(10.36	)		28,681		0.25			0.33			0.40			50
Year Ended May 31, 2002		10.31		0.02			(0.74	)		(0.72	)		(0.02	)		—			(0.02	)		9.57		(6.96	)		34,398		0.25			0.17			0.41			101

See Notes to Financial Highlights and Notes to Financial Statements.

78

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  (Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated)

																																Ratio of
																																Expenses
						Net																							Ratio of			to Average
						Realized																							Net			Net Assets
						and							Distributions						Net										Investment			(Excluding
	Net Asset		Net			Unrealized				Dividends			from			Total			Asset							Ratio of Net			Income			Waivers,
	Value,		Investment			Gain				from Net			Realized			Dividends			Value,					Net Assets,		Expenses to			(Loss) to			Reimbursements,			Portfolio
	Beginning		Income			(Loss) on		Total From		Investment			Capital			and			End of		Total			End of		Average			Average			and Expense			Turnover
	of Period		(Loss)			Investments		Operations		Income			Gains			Distributions			Period		Return(1)			Period (000)		Net Assets(2)			Net Assets(2)			Offset)(2)			Rate(3)
Life Vision Aggressive Growth Fund(4)(g)
A Shares
Period Ended September 30, 2007*	$	12.97	$	0.02		$	1.05	$	1.07	$	(0.02	)	$	—		$	(0.02	)	$	14.02		8.23	%	$	3,661		0.48	%		0.29	%		0.48	%		19	%
Year Ended March 31, 2007		12.29		0.08	(a)		1.05		1.13		(0.21	)		(0.24	)		(0.45	)		12.97		9.31			3,040		0.48			0.63			0.48			52
Year Ended March 31, 2006(h)		11.05		0.04	(a)		1.44		1.48		(0.11	)		(0.13	)		(0.24	)		12.29		13.50			2,619		0.52			0.42			0.62			31
Period Ended March 31, 2005(h)		10.23		0.06			0.85		0.91		(0.09	)		—			(0.09	)		11.05		8.90			2,080		0.55			0.86			1.01			29
Period Ended May 31, 2004		9.46		(0.01	)(a)		0.81		0.80		(0.03	)		—			(0.03	)		10.23		8.43			867		0.51			(0.24	)		5.15			44
B Shares
Period Ended September 30, 2007*		12.84		(0.01	)		1.04		1.03		—			—			—			13.87		8.02			5,466		0.93			(0.20	)		0.93			19
Year Ended March 31, 2007		12.19		0.03	(a)		1.02		1.05		(0.16	)		(0.24	)		(0.40	)		12.84		8.71			5,575		0.93			0.18			0.93			52
Year Ended March 31, 2006(h)		10.98		(0.02	)(a)		1.45		1.43		(0.09	)		(0.13	)		(0.22	)		12.19		13.10			5,756		0.99			(0.14	)		1.10			31
Period Ended March 31, 2005(h)		10.18		0.03			0.83		0.86		(0.06	)		—			(0.06	)		10.98		8.44			5,452		1.03			0.19			1.40			29
Year Ended May 31, 2004		8.53		(0.04	)(a)		1.70		1.66		(0.01	)		—			(0.01	)		10.18		19.49			4,367		1.00			(0.36	)		1.95			44
Period Ended May 31, 2003		7.23		(0.01	)		1.31		1.30		—			—			—			8.53		18.03			1,052		0.89			(0.86	)		1.36			50
C Shares
Period Ended September 30, 2007*		12.98		(0.03	)		1.05		1.02		—			—			—			14.00		7.86			1,709		1.18			(0.43	)		1.18			19
Year Ended March 31, 2007		12.33		—	(a)		1.04		1.04		(0.15	)		(0.24	)		(0.39	)		12.98		8.54			1,573		1.18			(0.03	)		1.18			52
Period Ended March 31, 2006(h)		11.07		0.01	(a)		1.46		1.47		(0.08	)		(0.13	)		(0.21	)		12.33		13.40			1,146		1.17			0.03			1.22			31
Life Vision Conservative Fund(4)(g)
I Shares
Period Ended September 30, 2007*		11.37		0.21			0.25		0.46		(0.22	)		—			(0.22	)		11.61		4.03			4,769		0.20			3.86			0.34			22
Year Ended March 31, 2007		11.21		0.45	(a)		0.30		0.75		(0.48	)		(0.11	)		(0.59	)		11.37		6.91			3,362		0.20			4.00			0.32			43
Year Ended March 31, 2006(h)		11.09		0.34			0.20		0.54		(0.36	)		(0.06	)		(0.42	)		11.21		4.96			3,066		0.20			3.33			0.56			29
Period Ended March 31, 2005(h)		10.87		0.27			0.29		0.56		(0.30	)		(0.04	)		(0.34	)		11.09		5.18			414		0.17			3.18			1.52			121
Period Ended May 31, 2004		10.71		0.15	(a)		0.14		0.29		(0.13	)		—			(0.13	)		10.87		2.68			30		0.25			2.41			85.33	(c)		138
A Shares
Period Ended September 30, 2007*		11.38		0.22			0.22		0.44		(0.20	)		—			(0.20	)		11.62		3.88			581		0.50			3.54			0.64			22
Year Ended March 31, 2007		11.21		0.41	(a)		0.32		0.73		(0.45	)		(0.11	)		(0.56	)		11.38		6.64			811		0.50			3.61			0.62			43
Year Ended March 31, 2006(h)		11.09		0.30			0.20		0.50		(0.32	)		(0.06	)		(0.38	)		11.21		4.63			1,324		0.53			2.85			0.83			29
Period Ended March 31, 2005(h)		10.86		0.23			0.30		0.53		(0.26	)		(0.04	)		(0.30	)		11.09		4.88			606		0.56			2.50			1.51			121
Period Ended May 31, 2004		10.68		0.12	(a)		0.18		0.30		(0.12	)		—			(0.12	)		10.86		2.82			474		0.57			2.06			4.00			138
B Shares
Period Ended September 30, 2007*		11.38		0.18			0.22		0.40		(0.17	)		—			(0.17	)		11.61		3.57			4,779		0.95			3.09			1.09			22
Year Ended March 31, 2007		11.22		0.36	(a)		0.31		0.67		(0.40	)		(0.11	)		(0.51	)		11.38		6.12			4,653		0.95			3.23			1.07			43
Year Ended March 31, 2006(h)		11.09		0.25			0.21		0.46		(0.27	)		(0.06	)		(0.33	)		11.22		4.23			5,189		0.97			2.34			1.19			29
Period Ended March 31, 2005(h)		10.86		0.19			0.30		0.49		(0.22	)		(0.04	)		(0.26	)		11.09		4.50			5,635		0.96			2.11			1.67			121
Year Ended May 31, 2004		10.43		0.17	(a)		0.39		0.56		(0.13	)		—			(0.13	)		10.86		5.38			5,012		0.95			1.54			1.81			138
Period Ended May 31, 2003		10.00		0.01			0.42		0.43		—			—			—			10.43		4.30			800		0.92			0.85			1.39			160
C Shares
Period Ended September 30, 2007*		11.37		0.16			0.23		0.39		(0.16	)		—			(0.16	)		11.60		3.46			844		1.20			2.85			1.34			22
Year Ended March 31, 2007		11.20		0.34	(a)		0.31		0.65		(0.37	)		(0.11	)		(0.48	)		11.37		5.91			792		1.20			2.99			1.32			43
Period Ended March 31, 2006(h)		11.08		0.26			0.20		0.46		(0.28	)		(0.06	)		(0.34	)		11.20		4.22			835		1.03			2.39			1.59			29

See Notes to Financial Highlights and Notes to Financial Statements.

79

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  (Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated)

																																		Ratio of
																																		Expenses
						Net																									Ratio of			to Average
						Realized																									Net			Net Assets
						and									Distributions						Net										Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							Ratio of Net			Income			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Expenses to			(Loss) to			Reimbursements,			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Average			Average			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Net Assets(2)			Net Assets(2)			Offset)(2)			Rate(3)
Life Vision Growth and Income Fund(4)(g)
I Shares
Period Ended September 30, 2007*	$	12.89	$	0.12		$	0.76		$	0.88		$	(0.11	)	$	—		$	(0.11	)	$	13.66		6.87	%	$	90,175		0.17	%		1.59	%		0.17	%		20	%
Year Ended March 31, 2007		12.43		0.25	(a)		0.82			1.07			(0.35	)		(0.26	)		(0.61	)		12.89		8.73			111,848		0.17			2.00			0.17			45
Year Ended March 31, 2006(h)		11.41		0.17	(a)		1.08			1.25			(0.23	)		—			(0.23	)		12.43		11.05			97,964		0.19			1.46			0.24			34
Period Ended March 31, 2005(h)		10.76		0.14			0.69			0.83			(0.18	)		—			(0.18	)		11.41		7.77			87,520		0.22			1.60			0.33			59
Year Ended May 31, 2004		9.33		0.14	(a)		1.43			1.57			(0.14	)		—			(0.14	)		10.76		16.92			75,083		0.25			1.38			0.36			97
Year Ended May 31, 2003		9.98		0.13			(0.65	)		(0.52	)		(0.13	)		—			(0.13	)		9.33		(5.16	)		59,449		0.25			1.46			0.37			139
Year Ended May 31, 2002		10.42		0.12			(0.43	)		(0.31	)		(0.13	)		—			(0.13	)		9.98		(2.97	)		77,395		0.25			1.25			0.39			166
A Shares
Period Ended September 30, 2007*		12.87		0.09			0.78			0.87			(0.09	)		—			(0.09	)		13.65		6.80			6,095		0.47			1.31			0.47			20
Year Ended March 31, 2007		12.41		0.21	(a)		0.82			1.03			(0.31	)		(0.26	)		(0.57	)		12.87		8.44			6,778		0.47			1.71			0.47			45
Year Ended March 31, 2006(h)		11.39		0.15	(a)		1.06			1.21			(0.19	)		—			(0.19	)		12.41		10.73			5,737		0.51			1.24			0.58			34
Period Ended March 31, 2005(h)		10.75		0.11			0.68			0.79			(0.15	)		—			(0.15	)		11.39		7.37			3,575		0.57			1.33			0.91			59
Period Ended May 31, 2004		10.18		0.06	(a)		0.58			0.64			(0.07	)		—			(0.07	)		10.75		6.32			1,426		0.56			1.04			1.95			97
B Shares
Period Ended September 30, 2007*		12.87		0.07			0.77			0.84			(0.07	)		—			(0.07	)		13.64		6.50			17,003		0.92			0.87			0.92			20
Year Ended March 31, 2007		12.41		0.16	(a)		0.82			0.98			(0.26	)		(0.26	)		(0.52	)		12.87		7.95			16,966		0.92			1.24			0.92			45
Year Ended March 31, 2006(h)		11.39		0.08	(a)		1.08			1.16			(0.14	)		—			(0.14	)		12.41		10.21			17,829		0.96			0.71			1.07			34
Period Ended March 31, 2005(h)		10.74		0.06			0.69			0.75			(0.10	)		—			(0.10	)		11.39		7.00			16,641		1.01			0.83			1.34			59
Year Ended May 31, 2004		9.34		0.07	(a)		1.42			1.49			(0.09	)		—			(0.09	)		10.74		15.99			13,060		1.00			0.63			1.61			97
Period Ended May 31, 2003		8.10		0.02			1.24			1.26			(0.02	)		—			(0.02	)		9.34		15.57			2,017		0.90			0.39			1.34			139
C Shares
Period Ended September 30, 2007*		12.83		0.04			0.77			0.81			(0.05	)		—			(0.05	)		13.59		6.34			6,273		1.17			0.64			1.17			20
Year Ended March 31, 2007		12.39		0.13	(a)		0.80			0.93			(0.23	)		(0.26	)		(0.49	)		12.83		7.62			5,535		1.17			1.05			1.17			45
Period Ended March 31, 2006(h)		11.41		0.11	(a)		1.02			1.13			(0.15	)		—			(0.15	)		12.39		9.94			2,820		1.15			0.89			1.20			34
Life Vision Moderate Growth Fund(4)(g)
I Shares
Period Ended September 30, 2007*		10.88		0.15			0.48			0.63			(0.15	)		—			(0.15	)		11.36		5.78			176,932		0.17			2.53			0.17			17
Year Ended March 31, 2007		10.85		0.31	(a)		0.55			0.86			(0.37	)		(0.46	)		(0.83	)		10.88		8.02			193,107		0.16			2.80			0.16			49
Year Ended March 31, 2006(h)		10.49		0.24	(a)		0.64			0.88			(0.28	)		(0.24	)		(0.52	)		10.85		8.48			158,301		0.18			2.17			0.22			34
Period Ended March 31, 2005(h)		10.06		0.18			0.52			0.70			(0.22	)		(0.05	)		(0.27	)		10.49		6.98			132,522		0.21			2.10			0.32			83
Year Ended May 31, 2004		9.02		0.16	(a)		1.04			1.20			(0.16	)		—			(0.16	)		10.06		13.35			121,659		0.25			1.65			0.36			109
Year Ended May 31, 2003		9.40		0.16			(0.38	)		(0.22	)		(0.16	)		—			(0.16	)		9.02		(2.21	)		93,722		0.25			1.87			0.36			101
Year Ended May 31, 2002		9.73		0.17			(0.32	)		(0.15	)		(0.18	)		—			(0.18	)		9.40		(1.52	)		88,592		0.25			1.81			0.36			202
A Shares
Period Ended September 30, 2007*		10.88		0.12			0.48			0.60			(0.13	)		—			(0.13	)		11.35		5.54			10,421		0.47			2.24			0.47			17
Year Ended March 31, 2007		10.84		0.28	(a)		0.55			0.83			(0.33	)		(0.46	)		(0.79	)		10.88		7.77			11,069		0.46			2.53			0.46			49
Year Ended March 31, 2006(h)		10.48		0.20	(a)		0.64			0.84			(0.24	)		(0.24	)		(0.48	)		10.84		8.16			5,821		0.47			1.92			0.59			34
Period Ended March 31, 2005(h)		10.05		0.15			0.52			0.67			(0.19	)		(0.05	)		(0.24	)		10.48		6.74			8,161		0.47			1.91			0.87			83
Period Ended May 31, 2004		9.58		0.10	(a)		0.45			0.55			(0.08	)		—			(0.08	)		10.05		5.79			3,541		0.55			1.49			1.27			109

See Notes to Financial Highlights and Notes to Financial Statements.

80

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  (Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated)

																																Ratio of
																																Expenses
						Net																							Ratio of			to Average
						Realized																							Net			Net Assets
						and							Distributions						Net										Investment			(Excluding
	Net Asset		Net			Unrealized				Dividends			from			Total			Asset							Ratio of Net			Income			Waivers,
	Value,		Investment			Gain				from Net			Realized			Dividends			Value,					Net Assets,		Expenses to			(Loss) to			Reimbursements,			Portfolio
	Beginning		Income			(Loss) on		Total From		Investment			Capital			and			End of		Total			End of		Average			Average			and Expense			Turnover
	of Period		(Loss)			Investments		Operations		Income			Gains			Distributions			Period		Return(1)			Period (000)		Net Assets(2)			Net Assets(2)			Offset)(2)			Rate(3)
Life Vision Moderate Growth Fund(4)(g)
B Shares
Period Ended September 30, 2007*	$	10.86	$	0.10		$	0.48	$	0.58	$	(0.11	)	$	—		$	(0.11	)	$	11.33		5.33	%	$	12,819		0.92	%		1.80	%		0.92	%		17	%
Year Ended March 31, 2007		10.82		0.22	(a)		0.56		0.78		(0.28	)		(0.46	)		(0.74	)		10.86		7.36			12,723		0.91			2.03			0.91			49
Year Ended March 31, 2006(h)		10.46		0.16	(a)		0.64		0.80		(0.20	)		(0.24	)		(0.44	)		10.82		7.60			14,073		0.92			1.41			1.06			34
Period Ended March 31, 2005(h)		10.03		0.11			0.52		0.63		(0.15	)		(0.05	)		(0.20	)		10.46		6.28			14,797		0.92			1.37			1.35			83
Year Ended May 31, 2004		9.00		0.09	(a)		1.04		1.13		(0.10	)		—			(0.10	)		10.03		12.66			13,236		1.00			0.91			1.56			109
Period Ended May 31, 2003		8.05		0.03			0.95		0.98		(0.03	)		—			(0.03	)		9.00		12.22			2,691		0.91			0.93			1.34			101
C Shares
Period Ended September 30, 2007*		10.86		0.08			0.49		0.57		(0.09	)		—			(0.09	)		11.34		5.29			23,486		1.17			1.55			1.17			17
Year Ended March 31, 2007		10.82		0.23	(a)		0.52		0.75		(0.25	)		(0.46	)		(0.71	)		10.86		7.01			24,424		1.19			2.12			1.19			49
Period Ended March 31, 2006(h)		10.49		0.15	(a)		0.62		0.77		(0.20	)		(0.24	)		(0.44	)		10.82		7.40			1,674		1.13			1.43			1.19			34
Life Vision Target Date 2015 Fund(4)(g)
I Shares
Period Ended September 30, 2007*		11.56		0.07			0.78		0.85		(0.07	)		—			(0.07	)		12.34		7.35			2,707		0.20			1.22			1.05			43
Year Ended March 31, 2007		10.86		0.21	(a)		0.77		0.98		(0.26	)		(0.02	)		(0.28	)		11.56		9.18			2,067		0.20			1.87			2.20			67
Period Ended March 31, 2006(h)		10.00		0.09	(a)		0.90		0.99		(0.13	)		—			(0.13	)		10.86		9.94			270		0.20			1.80			13.92	(c)		25
A Shares
Period Ended September 30, 2007*		11.56		0.05			0.78		0.83		(0.06	)		—			(0.06	)		12.33		7.15			17		0.50			1.01			1.34			43
Period Ended March 31, 2007		11.42		0.05	(a)		0.11		0.16		(0.02	)		—			(0.02	)		11.56		1.43			2		0.50			1.64			2.36	(c)		67
Life Vision Target Date 2025 Fund(4)(g)
I Shares
Period Ended September 30, 2007*		11.93		0.04			0.91		0.95		(0.04	)		—			(0.04	)		12.84		7.98			5,826		0.20			0.70			0.55			32
Year Ended March 31, 2007		11.11		0.15	(a)		0.91		1.06		(0.23	)		(0.01	)		(0.24	)		11.93		9.64			4,704		0.20			1.28			1.28			48
Period Ended March 31, 2006(h)		10.00		0.09	(a)		1.14		1.23		(0.12	)		—			(0.12	)		11.11		12.33			1,110		0.20			1.86			11.64	(c)		17
A Shares
Period Ended September 30, 2007*		11.93		0.02			0.91		0.93		(0.02	)		—			(0.02	)		12.84		7.84			54		0.50			0.40			0.86			32
Period Ended March 31, 2007		10.82		0.07	(a)		1.23		1.30		(0.18	)		(0.01	)		(0.19	)		11.93		12.01			45		0.50			0.86			2.00			48
Life Vision Target Date 2035 Fund(4)(g)
I Shares
Period Ended September 30, 2007*		11.64		0.04			0.92		0.96		(0.04	)		—			(0.04	)		12.56		8.21			2,097		0.20			0.65			1.38			25
Year Ended March 31, 2007		10.89		0.12	(a)		0.90		1.02		(0.22	)		(0.05	)		(0.27	)		11.64		9.41			1,318		0.20			1.05			2.45			50
Period Ended March 31, 2006(h)		10.00		0.07	(a)		0.94		1.01		(0.12	)		—			(0.12	)		10.89		10.14			590		0.20			1.41			10.98	(c)		40
A Shares
Period Ended September 30, 2007*		11.64		0.02			0.91		0.93		(0.02	)		—			(0.02	)		12.55		7.97			30		0.53			0.27			1.69			25
Period Ended March 31, 2007		11.07		0.08	(a)		0.73		0.81		(0.19	)		(0.05	)		(0.24	)		11.64		7.39			4		0.50			0.77			4.75			50

See Notes to Financial Highlights and Notes to Financial Statements.

81

NOTES TO FINANCIAL HIGHLIGHTS

*	Unaudited
(1)	Total return excludes sales charge. Not annualized for periods less than one year.
(2)	Annualized for periods less than one year.
(3)	Not annualized for periods less than one year.
(4)	The following table details the commencement of operations of certain classes of each respective fund.

Fund	Class	Inception Date
Aggressive Growth Stock Fund	I Shares	February 23, 2004
Aggressive Growth Stock Fund	A Shares	February 23, 2004
Aggressive Growth Stock Fund	C Shares	February 23, 2004
Emerging Growth Stock Fund	I Shares	February 23, 2004
Emerging Growth Stock Fund	A Shares	February 23, 2004
Emerging Growth Stock Fund	C Shares	February 27, 2004
Large Cap Quantitative Equity Fund	I Shares	August 7, 2003
Large Cap Quantitative Equity Fund	A Shares	October 8, 2003
Large Cap Quantitative Equity Fund	C Shares	October 13, 2003
Mid-Cap Value Equity Fund	I Shares	November 30, 2001
Mid-Cap Value Equity Fund	A Shares	October 27, 2003
Mid-Cap Value Equity Fund	C Shares	November 30, 2001
Select Large Cap Growth Stock Fund	A Shares	October 14, 2003
Small Cap Value Equity Fund	A Shares	October 9, 2003
Life Vision Aggressive Growth Fund	A Shares	October 16, 2003
Life Vision Aggressive Growth Fund	B Shares	March 11, 2003
Life Vision Aggressive Growth Fund	C Shares	April 4, 2005
Life Vision Conservative Fund	I Shares	November 6, 2003
Life Vision Conservative Fund	A Shares	November 11, 2003
Life Vision Conservative Fund	B Shares	March 11, 2003
Life Vision Conservative Fund	C Shares	April 4, 2005
Life Vision Growth and Income Fund	A Shares	November 5, 2003
Life Vision Growth and Income Fund	B Shares	March 11, 2003
Life Vision Growth and Income Fund	C Shares	April 6, 2005
Life Vision Moderate Growth Fund	A Shares	October 10, 2003
Life Vision Moderate Growth Fund	B Shares	March 11, 2003
Life Vision Moderate Growth Fund	C Shares	April 6, 2005
Life Vision Target Date 2015 Fund	I Shares	October 12, 2005
Life Vision Target Date 2015 Fund	A Shares	January 5, 2007
Life Vision Target Date 2025 Fund	I Shares	October 21, 2005
Life Vision Target Date 2025 Fund	A Shares	July 12, 2006
Life Vision Target Date 2035 Fund	I Shares	November 2, 2005
Life Vision Target Date 2035 Fund	A Shares	May 4, 2006

(a)	Per share data calculated using average shares outstanding method.
(b)	Amount represents less than $0.005.
(c)	Ratio reflects the impact of the initial low level of average net assets associated with the commencement of operations.
(d)	The Fund had a voluntary reimbursement by the Investment Adviser and affiliates that had no effect on total returns for the period.
(e)	Includes redemption fees of $0.001.
(f)	The Fund’s total return includes the effect of an asset valuation adjustment as of March 31, 2006. Excluding this effect, total return would have been 27.08% and 26.21% for the A Shares and C Shares respectively. There was no effect to the total return in I Shares.
(g)	The Life Vision Funds and its shareholders indirectly bear a pro rata share of the expenses of the underlying funds. The expense ratios do not include such expenses.
(h)	Net Investment Income (Loss), Net Realized and Unrealized Gains (Losses) on Investments and the Ratio of Net Investment Income (Loss) to Average Net Assets have been adjusted due to the reclassification of short-term gains from Net Investment Income to Net Realized and Unrealized Gains (Losses) on Investments. The Fund Changed its fiscal year period to March 31.
(i)	Includes return of capital of $0.03.

82

NOTES TO FINANCIAL STATEMENTS

STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

1.  Organization

The STI Classic Funds (the “Trust”) was organized as a Massachusetts business trust under a Declaration of Trust dated January 15, 1992. The Trust is registered under the Investment Company Act of 1940 (the “1940 Act”), as amended, as an open-end management investment company offering 49 funds as of September 30, 2007. The Trust is authorized to issue an unlimited number of shares without par value. The financial statements presented herein are those of the Aggressive Growth Stock Fund, the Emerging Growth Stock Fund, the International Equity Fund, the International Equity Index Fund, the Large Cap Core Equity Fund (formerly Large Cap Relative Value Fund), the Large Cap Growth Stock Fund (formerly Capital Appreciation Fund), the Large Cap Quantitative Equity Fund, the Large Cap Value Equity Fund, the Mid-Cap Core Equity Fund (formerly the Mid-Cap Equity Fund), the Mid-Cap Value Equity Fund, the Select Large Cap Growth Stock Fund, the Small Cap Growth Stock Fund, the Small Cap Value Equity Fund, the Life Vision Aggressive Growth Fund, the Life Vision Conservative Fund, the Life Vision Growth and Income Fund, the Life Vision Moderate Growth Fund, the Life Vision Target Date 2015 Fund, the Life Vision Target Date 2025 Fund and the Life Vision Target Date 2035 Fund (each a “Fund” and collectively the “Funds”). The financial statements of the remaining funds are presented separately. The Funds may offer the following share classes: I Shares, A Shares and C Shares. In addition, the Life Vision Aggressive Growth Fund, the Life Vision Conservative Fund, the Life Vision Growth and Income Fund and the Life Vision Moderate Growth Fund may offer B Shares. The Funds’ prospectuses provide a description of each Fund’s investment objectives, policies and strategies.

The assets of each Fund are segregated, and a shareholder’s interest is limited to the Fund in which shares are held. Each class of shares has identical rights and privileges except with respect to the fees paid under the Distribution Plan and the Distribution and Services Plan, voting rights on matters affecting a single class of shares and sales charges. The A Shares of the Funds (except Life Vision Conservative Fund) have a maximum sales charge on purchases of 5.75% as a percentage of original purchase price. Life Vision Conservative Fund A Shares have a maximum sales charge on purchases of 4.75% as a percentage of original purchase price. Certain purchases of A Shares will not be subject to a front-end sales charge but will be subject to a contingent deferred sales charge (CDSC) of 1.00% if redeemed within one year of purchase. The C Shares have a maximum CDSC of 1.00% as a percentage of either the original purchase price or the next calculated price after the Funds receive the redemption request, whichever is less, if redeemed within one year of purchase. The B Shares will not be subject to a sales charge but will be subject to a maximum CDSC of 5.00% as a percentage of original purchase price if redeemed within five years of purchase.

Effective August 1, 2005, investors are not permitted to make new purchases of Class B Shares, except through dividend or distribution reinvestments in Class B Shares and exchanges of Class B Shares of a Fund for Class B Shares of another Fund.

Effective April 30, 2004, the Small Cap Value Equity Fund was closed to new investors.

Under the Trust’s organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into contracts with its vendors and others that provide for general indemnifications. The Trust’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust. However, based on experience, the Trust expects that risk of loss to be remote.

2. Reorganization

Life Vision Moderate Growth Fund — The Trust entered into a plan of reorganization on the behalf of the Balanced Fund and the Life Vision Moderate Growth Fund that provided for (i) the acquisition by the Life Vision Moderate Growth Fund of all of the net assets of the Balanced Fund in exchange for I Shares, A Shares, and C Shares of the Life Vision Moderate Growth Fund, (ii) the distribution of such shares to the shareholders of the Balanced Fund and (iii) the dissolution of the Balanced Fund. The reorganization was approved by the Board of Trustees (the “Board”) on November 14, 2006 and was completed on February 28, 2007. The following

83

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

is a summary of shares outstanding, net assets and net asset value per share issued immediately before and after the reorganization:

	Before Reorganization				After Reorganization
			Life Vision Moderate		Life Vision Moderate
	Balanced Fund		Growth Fund		Growth Fund
Shares		6,599,362		16,050,580		21,610,264
Net Assets	$	60,087,436	$	173,582,176	$	233,669,612
Net Asset Value:
I Shares	$	9.14	$	10.81	$	10.81
A Shares	$	9.20	$	10.81	$	10.81
C Shares	$	9.04	$	10.80	$	10.80

3. Significant Accounting Policies

The following is a summary of significant accounting policies followed by the Trust in the preparation of its financial statements. These policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. The actual results could differ from these estimates.

Security Valuation — Securities listed on a securities exchange, market or automated quotation system for which quotations are readily available (except for securities traded on NASDAQ), including securities traded over the counter, are valued at the last quoted sale price on the primary exchange or market (foreign or domestic) on which they are traded on valuation date (or at approximately 4:00 p.m. Eastern Time if a security’s primary exchange is normally open at that time), or, if there is no such reported sale on the valuation date, at the most recent quoted bid price. For securities traded on NASDAQ, the NASDAQ Official Closing Price will be used. The prices for foreign securities are reported in local currency and converted to U.S. dollars at the exchange rate of such currencies against the U.S. dollar, as of the close of regular trading on the New York Stock Exchange (usually 4:00 p.m. Eastern Time), as provided by an independent pricing service approved by the Board. If a security price cannot be obtained from an independent, third-party pricing agent, the Funds’ accounting agent shall seek to obtain a bid price from at least one independent broker. Investments in other investment companies are valued at their respective net asset values.

Securities for which market prices are not “readily available” are valued in accordance with Pricing and Valuation Procedures established by the Board. The Funds’ Pricing and Valuation Procedures will be performed and monitored by a Valuation Committee (the “Committee”) designated by the Board. Some of the more common reasons that may necessitate a security be valued using Pricing and Valuation Procedures include, but are not limited to: the security’s trading has been halted or suspended; the security has been de-listed from a national exchange; the security’s primary trading market is temporarily closed at a time when under normal conditions it would be open; or the security’s primary pricing source is not able or willing to provide a price. When a security is valued in accordance with the Pricing and Valuation Procedures, the Committee determines the value after taking into consideration relevant information reasonably available to the Committee.

For securities that principally trade on a foreign market or exchange, a significant gap in time can exist between the time of a particular security’s last trade and the time at which a Fund calculates its net asset value. The closing prices of such securities may no longer reflect their market value at the time the Fund calculates net asset value if an event that could materially affect the value of those securities (a “Significant

84

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Event”) has occurred between the time of the security’s last close and the time that the Fund calculates net asset value. A Significant Event may relate to a single issuer or to an entire market sector. If the adviser or sub-adviser of a Fund becomes aware of a Significant Event that has occurred with respect to a security or group of securities after the closing of the exchange or market on which the security or securities principally trade, but before the time at which the Fund calculates net asset value, it shall immediately notify the Fund’s accounting agent and may preauthorize the Funds’ accounting agent to utilize a pricing service authorized by the Board (a “Fair Value Pricing Service”) that has been designed to determine a fair value. On a day when a Fair Value Pricing Service is so utilized pursuant to a preauthorization, the Committee need not meet. If the adviser or sub-adviser does not pre-authorize the Fund’s accounting agent to utilize a Fair Value Pricing Service, the adviser or sub-adviser will request that a Committee Meeting be called. In addition, the Funds’ accounting agent monitors price movements among certain selected indices, securities and/or groups of securities that may be an indicator that the closing prices received earlier from foreign exchanges or markets may not reflect market value at the time the Fund calculates net asset value. If price movements in a monitored index or security exceed levels established by the Funds (“Trigger Points”), the Funds may use a systematic valuation model provided by a Fair Value Pricing Service to fair value their international equity securities.

The assets of the Life Vision Aggressive Growth Fund, the Life Vision Conservative Fund, the Life Vision Growth and Income Fund, the Life Vision Moderate Growth Fund, the Life Vision Target Date 2015 Fund, the Life Vision Target Date 2025 Fund and the Life Vision Target Date 2035 Fund (the “Life Vision Funds”) consist of investments in underlying investment companies (some of which are affiliated), which are valued at their respective daily net asset values. Recognition of net investment income by the Life Vision Funds is affected by the timing of the declaration of dividends by the underlying securities in which the Life Vision Funds invest. Also, in addition to the Life Vision Funds’ direct expenses, shareholders bear a proportionate share of the underlying funds’ expenses.

Security Transactions and Investment Income — During the period, security transactions are accounted for no later than one business day following the trade date. For financial reporting purposes, however, security transactions are accounted for on trade date on the last business day of the reporting period. Interest income is recognized on an accrual basis and includes amortization or accretion of a premium or discount. Costs used in determining net realized gains and losses on the sales of investment securities are those of the specific securities sold, adjusted for the accretion or amortization of purchase discounts or premiums during the respective holding period. Dividend income is recorded on the ex-dividend date.

Foreign Currency Translation — The books and records of the Funds are maintained in U.S. dollars. Foreign currency amounts are translated into U.S. dollars on the following basis: (i) market value of investment securities, other assets and liabilities at the current rate of exchange; and (ii) purchases and sales of investment securities, income and expenses at the relevant rates of exchange prevailing on the respective dates of such transactions. The Funds do not isolate the portion of operations resulting from changes in foreign exchange rates on investments from fluctuations arising from changes in market prices of securities held. Such fluctuations are included with the net realized and unrealized gain or loss from investments and foreign currencies.

Forward Foreign Currency Contracts — The International Equity and the International Equity Index Funds may enter into forward foreign currency contracts as hedges against either specific transactions, fund positions or anticipated fund positions. All commitments are “marked-to-market” daily at the applicable foreign exchange rate and any resulting unrealized gains or losses are recorded currently. The Funds realize gains and losses at the time forward contracts are extinguished. Unrealized gains or losses on outstanding positions in forward foreign currency contracts held at the close of the fiscal year are recognized as ordinary income or loss for Federal income tax purposes. The Funds could be exposed to risk if a counterparty is unable to meet the terms of a forward foreign currency contract or if the value of

85

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

the foreign currency changes unfavorably. As of September 30, 2007, certain Funds had outstanding forward foreign currency contracts as listed on the Schedules of Portfolio Investments.

Securities Lending — Each Fund (except the Life Vision Funds) may lend portfolio securities to brokers, dealers and other financial organizations that meet capital and other credit requirements or other criteria established by the Trust’s Board. These loans may not exceed either (i) 50% of the sum of the market value of all securities of the Fund and the market value of securities purchased with cash collateral or (ii) 33.33% of the total market value of all securities of the Fund. No Fund will lend portfolio securities to its investment adviser, sub-adviser, or its affiliates unless it has applied for and received specific authority to do so from the Securities and Exchange Commission. Loans of portfolio securities will be fully collateralized by cash, letters of credit or U.S. government securities. The initial value of the collateral must be at least 102% of the market value of the securities loaned, if the securities loaned are U.S. securities (105% for non-U.S. securities); and maintained in an amount equal to at least 102% (103% for non-U.S. securities) thereafter. However, due to market fluctuations during the day, the value of securities loaned on a particular day may, during the course of the day, exceed the value of collateral. On each business day, the amount of collateral is adjusted based on the prior day’s market fluctuations and the current day’s lending activity. Income from lending activity is determined by the amount of interest earned on collateral, less any amounts payable to the borrowers of the securities and the lending agent. Lending securities involves certain risks, including the risk that the Fund may be delayed or prevented from recovering the collateral if the borrower fails to return the securities.

A fee will be obtained from the borrower if letters of credit or U.S. government securities are used as collateral. Cash collateral received in connection with securities lending is invested in the Credit Suisse Flagship Fund (USA) LLC (the “Portfolio”). This investment may consist of money market mutual funds registered under the 1940 Act and money market instruments including commercial paper, repurchase agreements, U.S. Treasury Bills and U.S. Agency Obligations. At September 30, 2007, the Portfolio was invested in repurchase agreements, asset backed securities and corporate bonds (with interest rates ranging from 4.900% to 5.983% and maturity dates ranging from 10/1/2007 to 10/15/2019).

The Funds paid securities lending fees during the period ended September 30, 2007, which have been netted against Income from Securities Lending on the Statements of Operations. These fees are presented below (in thousands):

	Fees ($)
Aggressive Growth Stock Fund		16
Emerging Growth Stock Fund		14
International Equity Fund		236
International Equity Index Fund		255
Large Cap Core Equity Fund		41
Large Cap Growth Stock Fund		49
Large Cap Value Equity Fund		43
Mid-Cap Core Equity Fund		17
Mid-Cap Value Equity Fund		20
Select Large Cap Growth Stock Fund		4
Small Cap Growth Stock Fund		141
Small Cap Value Equity Fund		63

Repurchase Agreements — The Funds may purchase instruments from financial institutions, such as banks and broker-dealers, subject to the seller’s agreement to repurchase them at an agreed upon time and price (“repurchase agreement”). A third party custodian bank takes possession of the underlying securities

86

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

(“collateral”) of a repurchase agreement, the value of which exceeds the principal amount of the repurchase transaction, including accrued interest. In the event of default on the obligation to repurchase, each Fund has the right to liquidate the collateral and apply the proceeds in satisfaction of the obligation. In the event of default or bankruptcy by the counterparty to the repurchase agreement, realization and/or retention of the collateral or proceeds may be subject to legal proceedings.

Securities Purchased on a When-Issued Basis — Delivery and payment for securities that have been purchased by a Fund on a forward commitment or when-issued basis can take place up to a month or more after the transaction date. During this period, such securities are subject to market fluctuations. The purchase of securities on a when-issued or forward commitment basis may increase the volatility of a Fund’s net asset value if the Fund makes such investments while remaining substantially fully invested. The Fund will segregate or earmark liquid assets in an amount at least equal in value to its commitments to purchase when-issued and forward commitment securities.

Compensating Balances — If a Fund has a cash overdraft in excess of $100,000 it is required to deposit an amount equal to 110% of the overdraft in a compensating balance account with its custodian, SunTrust Bank, a wholly owned subsidiary of SunTrust Banks, Inc., on the following business day. If a Fund has a positive cash balance in excess of $100,000 it is allowed to overdraw an amount equal to 90% of the balance from SunTrust Bank on the following business day. All such deposits to, and overdrafts from, the compensating balance account are non-interest bearing and are for a duration of one business day. The International Equity Fund and the International Equity Index Fund do not have a compensating balance arrangement with their custodian, Brown Brothers Harriman & Co.

Expenses — Expenses that are directly related to a specific Fund are charged to that Fund. Class specific expenses, such as distribution fees, if any, are borne by that class. Other operating expenses of the Trust are pro-rated to the Funds on the basis of relative net assets or another appropriate basis. Expenses attributable to the Trust and the STI Classic Variable Trust (collectively, the “STI Complex”) are allocated across the STI Complex based upon relative net assets or another appropriate basis.

Classes — Income, non-class specific expenses and realized/unrealized gains and losses are allocated to the respective classes within a Fund on the basis of the relative daily net assets.

Dividends and Distributions to Shareholders — Dividends and distributions to shareholders are recorded on the ex-dividend date. Dividends from net investment income, if any, are declared and paid each calendar quarter by the Funds, except for the International Equity and International Equity Index Funds, which distribute income annually. Any net realized capital gains on sales of securities are distributed to shareholders at least annually. However, to the extent that net realized capital gains can be offset by capital loss carryovers, such gains will not be distributed.

Redemption Fees — Prior to November 20, 2006 for all Funds other that the International Equity and International Equity Index Funds, and prior to August 1, 2007 for the International Equity and International Equity Index Funds, a redemption fee of 2% of the value of the shares sold was imposed on shares redeemed within seven days of purchase (60 days or less for the International Equity and International Equity Index Funds) unless the redemption was excluded under the Funds’ Redemption Fee Policy. On November 20, 2006, the Redemption Fee Policy was removed from all Funds except for the International Equity and International Equity Index Funds. On August 1, 2007, the Redemption Fee Policy was removed from the International Equity and International Equity Index Funds. For financial statement purposes, these amounts are recorded as an addition to paid-in capital and are included in the Statements of

87

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Changes in Net Assets within “Change in Net Assets from Capital Transactions”. Fees for the Funds during the six months ended September 30, 2007 and the year ended March 31, 2007 were as follows:

	Six Months Ended		Year Ended
	09/30/07 ($)		03/31/07 ($)
Aggressive Growth Stock Fund		—		266
Emerging Growth Stock Fund		—		1
International Equity Fund		1,709		26,327
International Equity Index Fund		474		50,088
Large Cap Core Equity Fund		—		3,599
Large Cap Growth Stock Fund		—		953
Large Cap Quantitative Equity Fund		—		105
Large Cap Value Equity Fund		—		6
Mid-Cap Core Equity Fund		—		2,007
Mid-Cap Value Equity Fund		—		1,118
Select Large Cap Growth Stock Fund		—		6
Small Cap Growth Stock Fund		—		23,750
Small Cap Value Equity Fund		—		462
Life Vision Conservative Fund		—		55
Life Vision Growth and Income Fund		—		276

Amounts designated as “—” are $0.

New Accounting Pronouncements  — In September 2006, the Financial Accounting Standards Board (FASB) issued Statement on Financial Accounting Standards (SFAS) No. 157, “Fair Value Measurements.” This standard establishes a single authoritative definition of fair value, sets out a framework for measuring fair value and requires additional disclosures about fair value measurements. SFAS No. 157 applies to fair value measurements already required or permitted by existing standards. SFAS No. 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007 and interim periods within those fiscal years. The changes to GAAP from the application of this Statement relate to the definition of fair value, the methods used to measure fair value and expanded disclosures about fair value measurements. As of September 30, 2007, the Funds do not believe the adoption of SFAS No. 157 will impact the financial statement amounts; however, additional disclosures may be required about the inputs used to develop the measurements and the effect of certain of the measurements on changes in net assets for the period.

4.  Agreements and Other Transactions with Affiliates

Investment Advisory Agreement — The Trust and Trusco Capital Management, Inc. (the “Investment Adviser”), a wholly-owned subsidiary of SunTrust Banks, Inc., have entered into an investment advisory agreement. Zevenbergen Capital Investments LLC serves as the Sub-Adviser for the Aggressive Growth Stock Fund and Emerging Growth Stock Fund.

Under the terms of the agreement, the Funds are charged annual advisory fees, which are computed daily and paid monthly based upon average daily net assets. Breakpoints are used in computing the overall annual advisory fee. The maximum annual advisory fee is charged on average daily net assets of each

88

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Fund up to $500 million. A discount of 5% applies on the next $500 million, and a discount of 10% applies on amounts over $1 billion. Fee rates for the period ended September 30, 2007 were as follows:

								Net
					Advisory Fees			Annual
	Maximum Annual		Discounted Annual		Waived or			Fees
	Advisory Fee (%)		Advisory Fee (%)		Reimbursed (%)			Paid (%)
Aggressive Growth Stock Fund*		1.10		1.10		—			1.10
Emerging Growth Stock Fund*		1.10		1.10		—			1.10
International Equity Fund		1.15		1.11		—			1.11
International Equity Index Fund		0.50		0.49		—			0.49
Large Cap Core Equity Fund		0.85		0.80		—			0.80
Large Cap Growth Stock Fund		0.97		0.94		—			0.94
Large Cap Quantitative Equity Fund		0.85		0.85		—			0.85
Large Cap Value Equity Fund		0.80		0.77		—			0.77
Mid-Cap Core Equity Fund		1.00		1.00		—			1.00
Mid-Cap Value Equity Fund		1.00		1.00		—			1.00
Select Large Cap Growth Stock Fund		0.85		0.85		—			0.85
Small Cap Growth Stock Fund		1.15		1.13		—			1.13
Small Cap Value Equity Fund		1.15		1.13		—			1.13
Life Vision Aggressive Growth Fund		0.10		0.10		—			0.10
Life Vision Conservative Fund		0.10		0.10		(0.11	)		—
Life Vision Growth and Income Fund		0.10		0.10		—			0.10
Life Vision Moderate Growth Fund		0.10		0.10		—			0.10
Life Vision Target Date 2015 Fund		0.10		0.10		(0.82	)		—
Life Vision Target Date 2025 Fund		0.10		0.10		(0.33	)		—
Life Vision Target Date 2035 Fund		0.10		0.10		(1.16	)		—

 *  Aggregate annual fees paid to the Investment Adviser, who pays Zevenbergen Capital Investments LLC a portion of the fees to serve as the Fund’s Sub-Adviser.

The Investment Adviser has contractually agreed, until at least August 1, 2008 to waive fees and/or reimburse each Fund to the extent necessary to maintain each Fund’s Total Operating Expense, expressed as a percentage of average daily net assets, as noted below:

		Total Operating
		Expense (%)
Select Large Cap Growth Stock Fund	I Shares		0.95
Select Large Cap Growth Stock Fund	A Shares		1.25
Select Large Cap Growth Stock Fund	C Shares		1.95
Life Vision Aggressive Growth Fund	I Shares		0.20
Life Vision Aggressive Growth Fund	A Shares		0.50
Life Vision Aggressive Growth Fund	B Shares		0.95
Life Vision Aggressive Growth Fund	C Shares		1.20
Life Vision Conservative Fund	I Shares		0.20
Life Vision Conservative Fund	A Shares		0.50
Life Vision Conservative Fund	B Shares		0.95
Life Vision Conservative Fund	C Shares		1.20
Life Vision Growth and Income Fund	I Shares		0.20
Life Vision Growth and Income Fund	A Shares		0.50
Life Vision Growth and Income Fund	B Shares		0.95

89

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

		Total Operating
		Expense (%)
Life Vision Growth and Income Fund	C Shares		1.20
Life Vision Moderate Growth Fund	I Shares		0.20
Life Vision Moderate Growth Fund	A Shares		0.50
Life Vision Moderate Growth Fund	B Shares		0.95
Life Vision Moderate Growth Fund	C Shares		1.20
Life Vision Target Date 2015 Fund	I Shares		0.20
Life Vision Target Date 2015 Fund	A Shares		0.50
Life Vision Target Date 2015 Fund	C Shares		1.20
Life Vision Target Date 2025 Fund	I Shares		0.20
Life Vision Target Date 2025 Fund	A Shares		0.50
Life Vision Target Date 2025 Fund	C Shares		1.20
Life Vision Target Date 2035 Fund	I Shares		0.20
Life Vision Target Date 2035 Fund	A Shares		0.50
Life Vision Target Date 2035 Fund	C Shares		1.20

Under the Expense Limitation Agreements, the Investment Adviser may retain the difference between the Total Operating Expense identified above and the actual total expense to recapture any of its prior contractual waivers or reimbursements at a date not to exceed three years from the date of the corresponding Expense Limitation Agreement. Such repayments shall be made monthly, but only to the extent that such repayments would not cause the annualized total expense ratio to exceed the Total Operating Expense in place at that time. During the period April 1, 2007 through September 30, 2007, the Investment Adviser did not recapture any of its prior contractual waivers or reimbursements. The Investment Adviser does not intend to recapture such amounts. As of September 30, 2007, the cumulative potential reimbursement based on reimbursements within three years from the date of the corresponding Expense Limitation Agreement (until August 1, 2010), as reduced by amounts forfeited during the fiscal year are as follows (in thousands):

	Amount ($)
Life Vision Conservative Fund		38
Life Vision Target Date 2015 Fund		44
Life Vision Target Date 2025 Fund		43
Life Vision Target Date 2035 Fund		44

During the period April 1, 2007 through September 30, 2007, the Investment Adviser also voluntarily waived fees in certain Funds in order to maintain a more competitive expense ratio for shareholders. These voluntary waivers will not be recouped by the Investment Adviser in subsequent years.

Administration, Fund Accounting and Transfer Agency Agreement — The Trust has entered into a Master Services Agreement with Citi Fund Services Ohio, Inc. (the “Administrator”), formerly BISYS Fund Services Ohio, Inc., under which the Administrator provides administrative, fund accounting, transfer agent and shareholder services for an annual fee, calculated and paid monthly, (expressed as a percentage of the combined average daily net assets of the STI Complex) of: 0.0275% up to $25 billion, 0.0225% on the next $5 billion and 0.0175% for over $30 billion plus an additional class fee of $2,714 per class annually, applicable to each additional class of shares over 145 classes of shares.

The Master Services Agreement provides for the Administrator to pay certain insurance premiums for the STI Complex, including $300,000 towards the premium for Directors and Officers Liability/Errors and

90

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Omissions insurance coverage, and $25,000 towards the premium for Fidelity Bond coverage. The Administrator has agreed, under the terms of the Master Services Agreement, to pay certain legal expenses for the benefit of the STI Complex relating to administrative service matters. The Master Services Agreement further provides for the Administrator to waive a portion of its fees for the benefit of shareholders. Such payments and fee waivers are expected to total approximately $400,000 to $650,000 annually, and will not be recouped by the Administrator in subsequent years.

Distribution Agreement — The Trust and Foreside Distribution Services, L.P. (the “Distributor”) are parties to a Distribution Agreement. The fees the Distributor receives for the services it performs pursuant to the Distribution Agreement have been waived through September 30, 2007. Prior to August 1, 2007, BISYS Fund Services Limited Partnership was the distributor for the Funds. With respect to the A Shares, C Shares and B Shares, the Distributor receives amounts, pursuant to a Distribution Plan and (in the case of C Shares and B Shares) a Distribution and Services Plan, based upon average daily net assets of each respective class, which are computed daily and paid monthly. These fees, expressed as a percentage of average daily net assets, for the period ended September 30, 2007 were as follows:

	Board Approved		Board Approved		Board Approved
	and Charged		and Charged		and Charged
	A Share		B Share		C Share
	Distribution		Distribution and		Distribution and
	Fee (%)		Service Fee (%)		Service Fee (%)
Aggressive Growth Stock Fund		0.30		N/A		1.00
Emerging Growth Stock Fund		0.30		N/A		1.00
International Equity Fund		0.30		N/A		1.00
International Equity Index Fund		0.30		N/A		1.00
Large Cap Core Equity Fund		0.25		N/A		1.00
Large Cap Growth Stock Fund		0.30		N/A		1.00
Large Cap Quantitative Equity Fund		0.25		N/A		1.00
Large Cap Value Equity Fund		0.30		N/A		1.00
Mid-Cap Core Equity Fund		0.30		N/A		1.00
Mid-Cap Value Equity Fund		0.30		N/A		1.00
Select Large Cap Growth Stock Fund		0.30		N/A		1.00
Small Cap Growth Stock Fund		0.30		N/A		1.00
Small Cap Value Equity Fund		0.25		N/A		0.25
Life Vision Aggressive Growth Fund		0.30		0.75		1.00
Life Vision Conservative Fund		0.30		0.75		1.00
Life Vision Growth and Income Fund		0.30		0.75		1.00
Life Vision Moderate Growth Fund		0.30		0.75		1.00
Life Vision Target Date 2015 Fund		0.30		N/A		N/A
Life Vision Target Date 2025 Fund		0.30		N/A		N/A
Life Vision Target Date 2035 Fund		0.30		N/A		N/A

Custodian Agreements — SunTrust Bank acts as custodian for the Funds, except for the International Equity Fund and the International Equity Index Fund, which have appointed Brown Brothers Harriman & Co. as custodian. The Funds pay custody fees on the basis of their respective net assets and transaction costs.

Other — Certain officers of the STI Complex are also officers of the Investment Adviser and/or the Administrator. Such officers receive no fees from the Trust for serving as officers of the Trust. Each of the trustees receives an annual retainer fee and an additional fee for each meeting attended plus

91

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

reimbursement for certain expenses incurred. Trustees receive an additional fee for attendance at committee meetings. As of September 30, 2007, retainer and meeting fees are as follows:

	Chairman ($)		Trustee ($)
Annual Retainer		55,000		44,000
Regular Meeting Fee		10,000		8,000
Special Meeting Fee		5,000		4,000
Committee Meeting Fee		4,500		3,000

The Trust approved a deferred compensation plan for its trustees, effective January 1, 2007. Under that plan, a trustee may elect to defer all or a portion of his or her compensation. Amounts deferred are retained by the Trust, and the value of such deferred amounts is determined by reference to the change in value of Class I Shares of one or more series of the STI Classic Funds as specified by the trustee. Benefits under the deferred compensation plan are payable upon retirement. As of September 30, 2007, under the deferred compensation plan, the trust had a deferred liability of approximately $248,537.

The Investment Adviser provides services to the STI Complex to ensure compliance with applicable laws and regulations. The Investment Adviser has designated a dedicated compliance staff and an employee to serve as Chief Compliance Officer. The Investment Adviser receives an annual fee totaling $475,000 for these services. In addition, the Administrator provides an employee and staff to assist the Chief Compliance Officer for the STI Complex, including providing certain related services, and receives an annual fee of $156,750 for providing these services. The fees above are allocated based on average daily net assets of the STI Complex and are reflected on the Statements of Operations as “Compliance Services Fees”.

The Trust has entered into an agreement with SunTrust Robinson Humphrey, Inc., which is a registered broker-dealer and a direct non-bank subsidiary of SunTrust Banks, Inc., to act as an agent in placing repurchase agreements for the Trust. For the period ended September 30, 2007, SunTrust Robinson Humphrey, Inc. did not receive any payments from the Funds.

5.  Investment Transactions

The cost of security purchases and the proceeds from sales and maturities of securities, excluding securities maturing less than one year from acquisition and U.S. government securities, for the period ended September 30, 2007 were as follows (in thousands):

			Sales and
	Purchases ($)		Maturities ($)
Aggressive Growth Stock Fund		87,078		102,406
Emerging Growth Stock Fund		72,054		67,475
International Equity Fund		619,800		609,426
International Equity Index Fund		107,076		71,631
Large Cap Core Equity Fund		556,315		618,520
Large Cap Growth Stock Fund		520,536		1,073,070
Large Cap Quantitative Equity Fund		696,894		740,703
Large Cap Value Equity Fund		735,137		614,942
Mid-Cap Core Equity Fund		106,838		143,431
Mid-Cap Value Equity Fund		347,967		328,671
Select Large Cap Growth Stock Fund		39,766		59,293
Small Cap Growth Stock Fund		489,713		751,753
Small Cap Value Equity Fund		183,139		261,039
Life Vision Aggressive Growth Fund		10,277		30,305

92

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

			Sales and
	Purchases ($)		Maturities ($)
Life Vision Conservative Fund		3,363		2,114
Life Vision Growth and Income Fund		26,335		58,679
Life Vision Moderate Growth Fund		37,728		72,365
Life Vision Target Date 2015 Fund		1,484		1,063
Life Vision Target Date 2025 Fund		2,267		1,686
Life Vision Target Date 2035 Fund		1,017		410

6.  Federal Tax Policies and Information

It is the policy of each Fund to continue to qualify as a regulated investment company by complying with the provisions available to certain investment companies as defined in applicable sections of the Internal Revenue Code, and to make distributions from net investment income and from net realized gains sufficient to relieve it from all, or substantially all, federal income taxes. Withholding taxes on foreign dividends have been paid or provided for in accordance with each applicable country’s tax rules and rates.

The amounts of dividends from net investment income and of distributions from net realized gains are determined in accordance with federal income tax regulations, which may differ from GAAP. These “book/tax” differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature (i.e., foreign currency transactions and return of capital on securities), such amounts are reclassified within the composition of net assets based on their federal tax-basis treatment; temporary differences do not require reclassification.

As required, effective September 28, 2007, the Trust adopted FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (“FIN 48”). FIN 48 provides guidance for how uncertain tax positions should be recognized, measured, presented and disclosed in the financial statements. The adoption of FIN 48 did not impact the Funds’ net assets or results of operations.

At September 30, 2007, the total cost of securities and the net realized gains or losses on securities sold for federal income tax purposes were different from amounts reported for financial reporting purposes. These differences were generally due to losses on wash sales, which cannot be used for federal income tax purposes in the current year and have been deferred for use in future years. The federal tax cost and aggregate gross unrealized appreciation and depreciation for securities held by the Funds at September 30, 2007, are presented on each Fund’s Schedule of Portfolio Investments.

The tax character of current year distributions paid and the tax basis of the current components of accumulated earnings (deficit) will be determined at the end of the current tax year ending March 31, 2008.

The tax character of distributions paid to shareholders during the year ended March 31, 2007 was as follows (in thousands):

	Distributions paid from
	Net		Net Long		Total
	Investment		Term Capital		Distributions
Fund	Income ($)		Gains ($)		Paid ($)*
International Equity Fund		18,678		153		18,831
International Equity Index Fund		18,293		—		18,293
Large Cap Core Equity Fund		53,247		83,793		137,040
Large Cap Growth Stock Fund		20,866		39,738		60,604
Large Cap Quantitative Equity Fund		3,062		7,799		10,861
Large Cap Value Equity Fund		14,207		35,813		50,020
Mid-Cap Core Equity Fund		1,714		26,299		28,013

93

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

	Distributions paid from
	Net		Net Long		Total
	Investment		Term Capital		Distributions
Fund	Income ($)		Gains ($)		Paid ($)*
Mid-Cap Value Equity Fund		30,066		14,308		44,374
Select Large Cap Growth Stock Fund		168		—		168
Small Cap Growth Stock Fund		15,457		52,014		67,471
Small Cap Value Equity Fund		46,044		130,494		176,538
Life Vision Aggressive Growth Fund		1,323		1,067		2,390
Life Vision Conservative Fund		378		68		446
Life Vision Growth and Income Fund		3,732		2,608		6,340
Life Vision Moderate Growth Fund		7,147		6,638		13,785
Life Vision Target Date 2015 Fund		30		2		32
Life Vision Target Date 2025 Fund		50		1		51
Life Vision Target Date 2035 Fund		22		4		26

*  Total distributions paid differ from the Statement of Changes in Net Assets because for tax purposes dividends are recognized when actually paid.

Amounts designated as “—” are either $0 or have been rounded to $0.

As of March 31, 2007 the components of accumulated earnings (deficit) on a tax basis were as follows (in thousands):

												Total
	Undistributed		Undistributed				Accumulated			Unrealized		Accumulated
	Ordinary		Long Term		Accumulated		Capital and			Appreciation		Earnings
	Income($)		Capital Gains($)		Earnings($)		Other Losses($)**			(Depreciation)($)***		(Deficit)($)
Aggressive Growth Stock Fund		—		—		—		(18,823	)		58,048		39,225
Emerging Growth Stock Fund		—		1,034		1,034		—			17,009		18,043
International Equity Fund		15,808		56,135		71,943		—			266,922		338,865
International Equity Index Fund		4,070		—		4,070		(44,845	)		359,009		318,234
Large Cap Core Equity Fund		22,826		56,375		79,201		—			313,929		393,130
Large Cap Growth Stock Fund		—		61,573		61,573		—			161,088		222,661
Large Cap Quantitative Equity Fund		19,583		3,015		22,598		—			6,683		29,281
Large Cap Value Equity Fund		21,798		14,483		36,281		—			128,251		164,532
Mid-Cap Core Equity Fund		6,908		2,555		9,463		—			59,218		68,681
Mid-Cap Value Equity Fund		22,663		1,652		24,315		—			11,695		36,010
Select Large Cap Growth Stock Fund		43		—		43		(176,881	)		11,092		(165,746	)
Small Cap Growth Stock Fund		—		53,557		53,557		—			159,656		213,213
Small Cap Value Equity Fund		2,435		79,589		82,024		—			116,960		198,984
Life Vision Aggressive Growth Fund		423		2,834		3,257		—			11,513		14,770
Life Vision Conservative Fund		25		78		103		—			352		455
Life Vision Growth and Income Fund		438		4,879		5,317		—			19,600		24,917
Life Vision Moderate Growth Fund		354		549		903		—			18,874		19,777
Life Vision Target Date 2015 Fund		1		22		23		—			68		91
Life Vision Target Date 2025 Fund		3		65		68		—			130		198
Life Vision Target Date 2035 Fund		—		27		27		—			70		97

**    As of the latest tax year end of March 31, 2007, the following Funds had net capital loss carryovers to offset future net capital gains, if any, to the extent provided by the Treasury regulations (in thousands). To the extent that these carryovers are used to offset future gains, it is probable that the gains so offset will not be distributed to shareholders:

94

NOTES TO FINANCIAL STATEMENTS (concluded)

STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

	Expires
	2009($)		2010($)		2011($)		2012($)		2013($)		2014($)		2015($)
Aggressive Growth Stock Fund		—		3,369		—		—		1,399		2,683		11,372
International Equity Index Fund		—		15,965		16,546		9,207		3,127		—		—
Select Large Cap Growth Stock Fund		114,701		52,653		9,527		—		—		—		—

During the year ended March 31, 2007, the Emerging Growth Stock Fund, International Equity Fund, International Equity Index Fund, Large Cap Value Equity Fund, Select Large Cap Growth Stock Fund and Small Cap Growth Stock Fund utilized $525, $25,598, $7,672, $30,146, $17,564 and $665 in capital loss carryforwards, respectively (in thousands).

***  The differences between book-basis and tax-basis unrealized appreciation (depreciation) is attributable primarily to: tax deferral of losses on wash sales, the realization for tax purposes of unrealized gains/losses on investments in passive foreign investment companies and return of capital adjustments.

7.  Risks

The International Equity and International Equity Index Funds may invest in securities of foreign issuers in various countries. Investments in securities of foreign issuers carry certain risks not ordinarily associated with investments in securities of U.S. issuers. These risks include political and economic developments, and the possible imposition of exchange controls or other foreign governmental laws and restrictions. In addition, with respect to certain countries, there is a possibility of expropriation of assets, confiscatory taxation, political or social instability or diplomatic developments, which could adversely affect investments in those countries. Emerging market countries are countries that the World Bank or the United Nations considers to be emerging or developing. Emerging markets may be more likely to experience political turmoil or rapid changes in market or economic conditions than more developed countries. In addition, the financial stability of issuers, including governments, in emerging market countries may be more precarious than in other countries. As a result, there will tend to be an increased risk of price volatility associated with these Funds’ investments in emerging market countries, which may be magnified by currency fluctuations relative to the U.S. dollar.

95

TRUSTEES AND OFFICERS OF THE STI CLASSIC FUNDS

STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Information pertaining to the trustees of the Trust is set forth below. Trustees who are not deemed to be “interested persons” of the Trust as defined in the 1940 Act are referred to as “Independent Trustees.” Trustees who are deemed to be “interested persons” of the Trust are referred to as “Interested Trustees.” Mr. Ridley is a trustee who may be deemed to be an “interested person” of the Trust.

				Number of
		Term of		Portfolios
Name, Business Address,	Position	Office and	Principal	in Fund	Other
State of Residence	Held With	Length of	Occupation(s)	Complex	Directorships
and Date of Birth	Trust	Time Served	During the Past 5 Years	Overseen	Held
INTERESTED TRUSTEES*:
Clarence H. Ridley 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 06/42	Trustee	Indefinite; since November 2001	Chairman, Haverty Furniture Companies	54	Crawford & Co.; Haverty Furniture Companies
INDEPENDENT TRUSTEES:
Jeffrey Biggar 3435 Stelzer Road Columbus, OH 43219 (Ohio) DOB 02/50	Trustee	Indefinite; since January 2007	Retired. Chief Executive Officer and Senior Managing Director, Sterling (National City Corp.) (2002-2006)	54	None
F. Wendell Gooch 3435 Stelzer Road Columbus, OH 43219 (Indiana) DOB 12/32	Trustee	Indefinite; since May 1992	Retired	54	SEI Family of Funds
Sidney E. Harris 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 07/49	Trustee	Indefinite; since November 2004	Professor (since 1997) and Dean (1997-2004), J. Mack Robinson College of Business, Georgia State University.	54	ServiceMaster Company; Total System Services, Inc.
Warren Y. Jobe 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 11/40	Trustee	Indefinite; since November 2004	Retired. Executive Vice President, Georgia Power Company and Senior Vice President, Southern Company (1998-2001)	54	WellPoint, Inc.; UniSource Energy Corp.; HomeBanc Corp.
Connie D. McDaniel 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 04/58	Trustee	Indefinite; since May 2005	Vice President Global Finance Transformation (since 2007), Vice President and Controller (1999-2007), The Coca-Cola Company	54	None
Charles D. Winslow 3435 Stelzer Road Columbus, OH 43219 (Florida) DOB 07/35	Trustee	Indefinite; since November 2004	Retired. Formerly Partner, Accenture (consulting)	54	None

*  Mr. Ridley may be deemed an “interested person” of the Trust as that team is defined in The 1940 Act because of a material business relationship with the parent of the Investment Adviser.

96

TRUSTEES AND OFFICERS OF THE STI CLASSIC FUNDS (concluded)

STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

		Term of
	Position(s)	Office and
Name, Address	Held with	Length of	Principal Occupation(s)
and Date of Birth	Trust	Time Served	During the Past 5 Years
OFFICERS
Julia Short 50 Hurt Plaza Suite 1400 Atlanta, GA 30303 DOB 11/72	President and Chief Executive Officer	One-year: since July 2007	Managing Director, Product Manager, Trusco Capital Management, Inc. (since 2004); Relationship Manager, SEI Investments (Financial Services) (1994-2004)
Deborah A. Lamb 50 Hurt Plaza Suite 1400 Atlanta, GA 30303 DOB 10/52	Executive Vice President; Assistant Secretary; Chief Compliance Officer	One-year; since September 2004; since November 2003; since August 2004 (respectively)	Chief Compliance Officer, Managing Director, Trusco Capital Management, Inc. (since 2003); President, Investment Industry Consultants, LLC (2000-2003);
Martin R. Dean 3435 Stelzer Road Columbus, OH 43219 DOB 11/63	Treasurer; Chief Financial Officer; Chief Accounting Officer	One-year; since March 2007	Vice President, Financial Administration, Citi Fund Services Ohio, Inc.
Cynthia J. Surprise 3435 Stelzer Road Columbus, OH 43219 DOB 07/46	Secretary and Chief Legal Officer	One-year; since February 2005	Senior Counsel, Legal Services, Citi Fund Services Ohio, Inc. (since 2004); Director and Counsel, Investors Bank & Trust Company (1999-2004)
Jennifer A. English 3435 Stelzer Road Columbus, OH 43219 DOB 03/72	Assistant Secretary	One-year; since November 2005	Counsel, Legal Services, Citi Fund Services Ohio, Inc. (since 2007); Assistant Counsel, Legal Services, Citi Fund Services Ohio, Inc. (2005-2007); Assistant Counsel, PFPC, Inc. (2002-2005)

The Trust’s Statement of Additional Information includes additional information about the Trust’s trustees and officers. To request your free copy of the Statement of Additional Information, call toll free 1-888-STI-FUND.

97

ADDITIONAL INFORMATION

STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Expense Examples

As a shareholder of the STI Classic Funds, you incur two types of costs: (1) transaction costs, including sales charges (loads) on purchases; and (2) ongoing costs, including management fees, 12b-1 distribution and/or services fees and other Fund expenses. These examples are intended to help you understand your ongoing costs (in dollars) of investing in the STI Classic Funds and to compare these costs with the ongoing costs of investing in other mutual funds.

These examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period April 1, 2007 through September 30, 2007.

Actual Expenses

The table below provides information about actual account values and actual expenses. You may use the information below, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the table under the heading entitled “Expenses Paid During Period” to estimate the expenses you paid on your account during this period.

		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		04/01/07($)		09/30/07($)		04/01/07-09/30/07($)		04/01/07-09/30/07(%)
Aggressive Growth Stock Fund	I Shares		1,000.00		1,162.20		6.29		1.16
	A Shares		1,000.00		1,159.60		7.90		1.46
	C Shares		1,000.00		1,155.70		11.67		2.16
Emerging Growth Stock Fund	I Shares		1,000.00		1,205.90		6.53		1.18
	A Shares		1,000.00		1,205.00		8.18		1.48
	C Shares		1,000.00		1,201.00		12.03		2.18
International Equity Fund	I Shares		1,000.00		1,099.80		6.37		1.21
	A Shares		1,000.00		1,098.40		7.94		1.51
	C Shares		1,000.00		1,094.50		11.60		2.21
International Equity Index Fund	I Shares		1,000.00		1,086.90		3.09		0.59
	A Shares		1,000.00		1,085.50		4.65		0.89
	C Shares		1,000.00		1,081.70		8.30		1.59
Large Cap Core Equity Fund	I Shares		1,000.00		1,067.20		4.40		0.85
	A Shares		1,000.00		1,065.30		5.70		1.10
	C Shares		1,000.00		1,061.30		9.56		1.85
Large Cap Growth Stock Fund	I Shares		1,000.00		1,132.10		5.34		1.00
	A Shares		1,000.00		1,131.40		6.95		1.30
	C Shares		1,000.00		1,126.80		10.66		2.00
Large Cap Quantitative Equity Fund	I Shares		1,000.00		1,043.20		4.71		0.92
	A Shares		1,000.00		1,041.00		5.99		1.17
	C Shares		1,000.00		1,037.50		9.81		1.92
Large Cap Value Equity Fund	I Shares		1,000.00		1,080.50		4.28		0.82
	A Shares		1,000.00		1,079.20		5.84		1.12
	C Shares		1,000.00		1,075.80		9.47		1.82
Mid-Cap Core Equity Fund	I Shares		1,000.00		1,045.10		5.43		1.06
	A Shares		1,000.00		1,043.10		6.97		1.36
	C Shares		1,000.00		1,040.30		10.54		2.06
Mid-Cap Value Equity Fund	I Shares		1,000.00		1,061.50		5.48		1.06
	A Shares		1,000.00		1,060.40		7.02		1.36
	C Shares		1,000.00		1,056.20		10.62		2.06
Select Large Cap Growth Stock Fund	I Shares		1,000.00		1,153.90		5.13		0.95
	A Shares		1,000.00		1,151.90		6.74		1.25
	C Shares		1,000.00		1,148.00		10.50		1.95

98

ADDITIONAL INFORMATION (continued)

STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		04/01/07($)		09/30/07($)		04/01/07-09/30/07($)		04/01/07-09/30/07(%)
Small Cap Growth Stock Fund	I Shares		1,000.00		1,114.00		6.25		1.18
	A Shares		1,000.00		1,112.20		7.84		1.48
	C Shares		1,000.00		1,108.30		11.52		2.18
Small Cap Value Equity Fund	I Shares		1,000.00		1,050.50		6.12		1.19
	A Shares		1,000.00		1,049.10		7.40		1.44
	C Shares		1,000.00		1,049.80		7.40		1.44
Life Vision Aggressive Growth Fund	I Shares		1,000.00		1,084.40		0.94		0.18
	A Shares		1,000.00		1,082.30		2.51		0.48
	B Shares		1,000.00		1,080.20		4.85		0.93
	C Shares		1,000.00		1,078.60		6.15		1.18
Life Vision Conservative Fund	I Shares		1,000.00		1,040.30		1.02		0.20
	A Shares		1,000.00		1,038.80		2.56		0.50
	B Shares		1,000.00		1,035.70		4.85		0.95
	C Shares		1,000.00		1,034.60		6.12		1.20
Life Vision Growth and Income Fund	I Shares		1,000.00		1,068.70		0.88		0.17
	A Shares		1,000.00		1,068.00		2.44		0.47
	B Shares		1,000.00		1,065.00		4.76		0.92
	C Shares		1,000.00		1,064.10		6.05		1.17
Life Vision Moderate Growth Fund	I Shares		1,000.00		1,057.80		0.88		0.17
	A Shares		1,000.00		1,055.40		2.42		0.47
	B Shares		1,000.00		1,053.30		4.74		0.92
	C Shares		1,000.00		1,052.90		6.02		1.17
Life Vision Target Date 2015 Fund	I Shares		1,000.00		1,073.50		1.04		0.20
	A Shares		1,000.00		1,071.50		2.60		0.50
Life Vision Target Date 2025 Fund	I Shares		1,000.00		1,079.80		1.04		0.20
	A Shares		1,000.00		1,078.40		2.61		0.50
Life Vision Target Date 2035 Fund	I Shares		1,000.00		1,082.10		1.04		0.20
	A Shares		1,000.00		1,079.70		2.76		0.53

*	Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year dividend by the number of days in the fiscal year.
**	Annualized.

Hypothetical Example

The table below provides information about hypothetical account values and hypothetical expenses based on each STI Classic Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs. Therefore, the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		04/01/07($)		09/30/07($)		04/01/07-09/30/07($)		04/01/07-09/30/07(%)
Aggressive Growth Stock Fund	I Shares		1,000.00		1,019.25		5.87		1.16
	A Shares		1,000.00		1,017.75		7.39		1.46
	C Shares		1,000.00		1,014.24		10.91		2.16

99

ADDITIONAL INFORMATION (continued)

STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		04/01/07($)		09/30/07($)		04/01/07-09/30/07($)		04/01/07-09/30/07(%)
Emerging Growth Stock Fund	I Shares		1,000.00		1,019.15		5.97		1.18
	A Shares		1,000.00		1,017.65		7.49		1.48
	C Shares		1,000.00		1,014.14		11.01		2.18
International Equity Fund	I Shares		1,000.00		1,019.00		6.12		1.21
	A Shares		1,000.00		1,017.50		7.64		1.51
	C Shares		1,000.00		1,013.99		11.16		2.21
International Equity Index Fund	I Shares		1,000.00		1,022.11		2.99		0.59
	A Shares		1,000.00		1,020.61		4.51		0.89
	C Shares		1,000.00		1,017.10		8.04		1.59
Large Cap Core Equity Fund	I Shares		1,000.00		1,020.81		4.31		0.85
	A Shares		1,000.00		1,019.55		5.57		1.10
	C Shares		1,000.00		1,015.79		9.35		1.85
Large Cap Growth Stock Fund	I Shares		1,000.00		1,020.05		5.06		1.00
	A Shares		1,000.00		1,018.55		6.58		1.30
	C Shares		1,000.00		1,015.04		10.10		2.00
Large Cap Quantitative Equity Fund	I Shares		1,000.00		1,020.46		4.66		0.92
	A Shares		1,000.00		1,019.20		5.92		1.17
	C Shares		1,000.00		1,015.44		9.70		1.92
Large Cap Value Equity Fund	I Shares		1,000.00		1,020.96		4.15		0.82
	A Shares		1,000.00		1,019.45		5.67		1.12
	C Shares		1,000.00		1,015.94		9.20		1.82
Mid-Cap Core Equity Fund	I Shares		1,000.00		1,019.75		5.37		1.06
	A Shares		1,000.00		1,018.25		6.88		1.36
	C Shares		1,000.00		1,014.74		10.40		2.06
Mid-Cap Value Equity Fund	I Shares		1,000.00		1,019.75		5.37		1.06
	A Shares		1,000.00		1,018.25		6.88		1.36
	C Shares		1,000.00		1,014.74		10.40		2.06
Select Large Cap Growth Stock Fund	I Shares		1,000.00		1,020.31		4.81		0.95
	A Shares		1,000.00		1,018.80		6.33		1.25
	C Shares		1,000.00		1,015.29		9.85		1.95
Small Cap Growth Stock Fund	I Shares		1,000.00		1,019.15		5.97		1.18
	A Shares		1,000.00		1,017.65		7.49		1.48
	C Shares		1,000.00		1,014.14		11.01		2.18
Small Cap Value Equity Fund	I Shares		1,000.00		1,019.10		6.02		1.19
	A Shares		1,000.00		1,017.85		7.28		1.44
	C Shares		1,000.00		1,017.85		7.28		1.44
Life Vision Aggressive Growth Fund	I Shares		1,000.00		1,024.17		0.91		0.18
	A Shares		1,000.00		1,022.66		2.43		0.48
	B Shares		1,000.00		1,020.41		4.71		0.93
	C Shares		1,000.00		1,019.15		5.97		1.18
Life Vision Conservative Fund	I Shares		1,000.00		1,024.07		1.01		0.20
	A Shares		1,000.00		1,022.56		2.54		0.50
	B Shares		1,000.00		1,020.31		4.81		0.95
	C Shares		1,000.00		1,019.05		6.07		1.20
Life Vision Growth and Income Fund	I Shares		1,000.00		1,024.22		0.86		0.17
	A Shares		1,000.00		1,022.71		2.38		0.47
	B Shares		1,000.00		1,020.46		4.66		0.92
	C Shares		1,000.00		1,019.20		5.92		1.17
Life Vision Moderate Growth Fund	I Shares		1,000.00		1,024.22		0.86		0.17
	A Shares		1,000.00		1,022.71		2.38		0.47
	B Shares		1,000.00		1,020.46		4.66		0.92
	C Shares		1,000.00		1,019.20		5.92		1.17
Life Vision Target Date 2015 Fund	I Shares		1,000.00		1,024.07		1.01		0.20
	A Shares		1,000.00		1,022.56		2.54		0.50
Life Vision Target Date 2025 Fund	I Shares		1,000.00		1,024.07		1.01		0.20
	A Shares		1,000.00		1,022.56		2.54		0.50
Life Vision Target Date 2035 Fund	I Shares		1,000.00		1,024.07		1.01		0.20
	A Shares		1,000.00		1,022.41		2.69		0.53

*  Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year dividend by the number of days in the fiscal year.

**  Annualized.

100

ADDITIONAL INFORMATION (concluded)

STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Proxy Voting

Information regarding the policies and procedures that the Funds use to determine how to vote proxies relating to portfolio securities is available without charge, upon request, by calling 1-888-STI-FUND. The information also is included in the Funds’ Statement of Additional Information, which is available on the Funds’ website at www.sticlassicfunds.com and on the Securities and Exchange Commission’s website at www.sec.gov.

Information relating to how each Fund voted proxies relating to portfolio securities held during the most recent twelve months ended June 30 is available on the Funds’ website at www.sticlassicfunds.com and on the Securities and Exchange Commission’s website at www.sec.gov.

Other Information

The Funds file a complete list of their portfolio holdings with the Securities and Exchange Commission for the first and third quarters of each fiscal year on Form N-Q. Forms N-Q are available free of charge on the Securities and Exchange Commission’s website at www.sec.gov. You may also review or, for a fee, copy those documents by visiting the Securities and Exchange Commission’s Public Reference Room in Washington, D.C. Information on the operation of the Public Reference Room may be obtained by calling the Securities and Exchange Commission at 1-202-551-8090.

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103

2007 Semi-Annual report

FIXED INCOME AND MONEY MARKET FUNDS

September 30, 2007

STI CLASSIC FUNDS

TABLE OF CONTENTS
STI CLASSIC FUNDS September 30, 2007

Letter to Shareholders	1
Industry Allocation	3
Schedules of Portfolio Investments	5
Statements of Assets and Liabilities	127
Statements of Operations	131
Statements of Changes in Net Assets	135
Financial Highlights	149
Notes to Financial Statements	164
Trustees and Officers of the STI Classic Funds	181
Additional Information	183

LETTER TO SHAREHOLDERS
September 30, 2007

Dear Valued Client:

Most major stock indexes moved modestly higher point-to-point in the third quarter, but it was far from a boring summer. Slowing economic momentum and significant credit market turbulence increased market volatility and prompted the Federal Reserve (the “Fed”) to cut the overnight federal funds rate by 50 basis points (0.50%) to 4.75%. Fixed-income markets rallied in response to the Fed ease as well as moderating core inflation and bond yields fell. The S&P 500 gained 2.02% and the Lehman Brothers U.S. Aggregate Index added 2.84% for the quarter while increasing 9.11% and 3.85%, respectively through nine months.

Economic momentum slowed in the third quarter following a moderate spring rebound. Intensified weakness in housing was perhaps the most visible barometer of the slowing, but an unexpected decline in the initial August employment report raised concerns that a recession might be either near or underway. However, consumer spending remained firm overall despite the rising headwinds, and combined with continued strength in export trade and capital spending, helped sustained growth. Core inflation remained in the Fed’s 1-2% comfort zone, despite record oil prices and further dollar declines.

Perhaps the most significant stress to the markets in the third quarter occurred when the well publicized troubles in the subprime mortgage markets spilled over into the short-term asset-backed commercial paper market. The contagion spread globally. Buyers, fearful of potential collateral impairment, backed away. Credit spreads rose in the broader bond market, but from very narrow levels. The Fed, seeing the markets become increasingly dysfunctional, stepped in first to cut the discount rate and then to lower the fed funds, as we mentioned.

The impact of the economic and financial events discussed above did not prevent a net equity advance during the quarter, but the markets did move decisively in the direction of quality and sustainability. Within the S&P 500, Consumer Discretionary and Financial stocks bore the brunt of the selling pressure, while Energy, Technology, and Industrials led the market higher. This trend favored the Growth style in the third quarter, while sluggish domestic growth and the weaker dollar helped Large-Caps and International outperform.

In the bond markets, the combination of Fed ease, ebbing economic momentum, and comfortable core inflation helped push the yield on the 10-year Treasury down below 4.6% from over 5% at midyear and all major sectors improved. But as in the stock market, bond investors showed a strong preference for higher quality. Treasury bonds outperformed while the High Yield sector lagged significantly. Credit spreads widened from relatively low levels and the yield curve steepened.

The turmoil and stress in the credit markets generally affected asset classes with significant leverage, and that included Hedge funds, where major styles lagged the broad equity and bond indexes. However, Commodities rose sharply during the quarter as continued demand for lower cost imports fueled global demand for commodities.

Looking ahead to the remainder of 2007 and into 2008, we see four key factors that we believe will drive market performance. The first is slower but positive growth. Despite firm economic growth in the third quarter, momentum continued to slow and economic “headwinds” such as higher energy prices and credit concerns increased. Even with these headwinds, we believe positive growth could help corporate profits maintain positive momentum. A second expectation is that core inflation may remain within the Fed’s unofficial 1-2% target range. Clearly upward pressure on

1

energy prices is a concern but we see it more as a headwind to growth than a tailwind to inflation. A third factor in our outlook is the expectation that Federal Reserve policy has shifted in favor of accommodation and could remain in that mode for the next several quarters. Recent stability in the credit markets may allow the Fed to move more gradually in the coming months, but we expect a minimum of one or two more eases by early next year. Finally we believe equity valuations are reasonable and that the markets have been rational during the recent market turbulence.

As we mentioned in our previous letter, exciting changes have been taking place at Trusco Capital. We have seen these changes have an immediate and positive impact of the relative performance of several of our strategies. We hope to report more good news on that front in future letters.

We close this letter, as always, with thanks to you, our valued client. All of us at Trusco appreciate your support and confidence over the years, and we will strive to earn that trust again this year and the years to follow.

Sincerely,

David H. Eidson
President and CEO
Trusco Capital Management, Inc.

2

INDUSTRY ALLOCATION (As a percentage of Total Investments)
STI CLASSIC FUNDS September 30, 2007
(Unaudited)

Georgia Tax-Exempt Bond Fund

Municipal Bonds	98.8	%
Money Market Funds	1.2	%

High Grade Municipal Bond Fund

Municipal Bonds	93.7	%
Money Market Funds	6.3	%

High Income Fund

Corporate Bonds	70.4	%
Short-Term Investments	11.7	%
Bank Loans	11.4	%
Repurchase Agreements	6.5	%

Intermediate Bond Fund

U.S. Treasury Obligations	42.7	%
Short-Term Investments	21.3	%
Corporate Bonds	17.8	%
Collateralized Mortgage Obligations	7.7	%
U.S. Government Agency Mortgages	5.3	%
Money Market Funds	3.6	%
Asset Backed Securities	1.6	%

Investment Grade Bond Fund

Corporate Bonds	28.5	%
U.S. Treasury Obligations	27.6	%
Short-Term Investments	20.2	%
Collateralized Mortgage Obligations	12.8	%
U.S. Government Agency Mortgages	6.8	%
Asset Backed Securities	2.0	%
U.S. Government Agencies	1.6	%
Money Market Funds	0.5	%

Investment Grade Tax-Exempt Bond Fund

Municipal Bonds	93.6	%
Money Market Funds	6.4	%

Limited Duration Fund

Asset Backed Securities	81.9	%
Collateralized Mortgage Obligations	13.3	%
Money Market Funds	4.8	%

Limited-Term Federal Mortgage Securities Fund

U.S. Government Agency Mortgages	84.8	%
Collateralized Mortgage Obligations	14.0	%
Money Market Funds	1.2	%

Maryland Municipal Bond Fund

Municipal Bonds	94.7	%
Money Market Funds	5.3	%

North Carolina Tax-Exempt Bond Fund

Municipal Bonds	97.3	%
Money Market Funds	2.7	%

Seix Floating Rate High Income Fund

Bank Loans	85.8	%
Repurchase Agreements	9.4	%
Corporate Bonds	4.8	%

Seix High Yield Fund

Corporate Bonds	76.4	%
Short-Term Investments	11.2	%
Bank Loans	8.1	%
Repurchase Agreements	4.0	%
U.S. Treasury Obligations	0.3	%

Short-Term Bond Fund

U.S. Government Agency Mortgages	21.0	%
Collateralized Mortgage Obligations	19.2	%
Short-Term Investments	16.8	%
Corporate Bonds	15.2	%
U.S. Treasury Obligations	14.3	%
U.S. Government Agencies	7.2	%
Asset Backed Securities	2.9	%
Money Market Funds	2.1	%
Master Notes	1.3	%

Portfolio composition is subject to change.

3

INDUSTRY ALLOCATION (As a percentage of Total Investments)
STI CLASSIC FUNDS September 30, 2007
(Unaudited)

Short-Term U.S. Treasury Securties Fund

U.S. Treasury Obligations	67.2	%
Short-Term Investments	31.8	%
Money Market Funds	1.0	%

Strategic Income Fund

Corporate Bonds	33.4	%
Short-Term Investments	18.3	%
U.S. Treasury Obligations	17.5	%
Foreign Government Bonds	15.8	%
Collateralized Mortgage Obligations	8.4	%
Bank Loans	4.9	%
Mutual Fund	0.8	%
Asset Backed Securities	0.6	%
Commercial Papers	0.3	%

Total Return Bond Fund

U.S. Government Agency Mortgages	33.1	%
U.S. Treasury Obligations	18.4	%
Corporate Bonds	17.0	%
Collateralized Mortgage Obligations	16.5	%
Short-Term Investments	10.3	%
Money Market Funds	2.7	%
Asset Backed Securities	2.0	%

Ultra-Short Bond Fund

U.S. Government Agency Mortgages	46.4	%
Collateralized Mortgage Obligations	18.9	%
Corporate Bonds	18.6	%
U.S. Government Agencies	4.4	%
Asset Backed Securities	3.1	%
Commercial Papers	3.0	%
Money Market Funds	2.8	%
Short-Term Investments	1.5	%
Master Notes	1.3	%

U.S. Government Securities Fund

U.S. Government Agency Mortgages	45.6	%
Short-Term Investments	19.8	%
U.S. Treasury Obligations	19.5	%
Collateralized Mortgage Obligations	10.4	%
Money Market Funds	2.5	%
U.S. Government Agencies	1.3	%
Asset Backed Securities	0.9	%

U.S. Government Securities Ultra-Short Bond Fund

U.S. Government Agency Mortgages	87.2	%
U.S. Government Agencies	7.1	%
Money Market Funds	4.0	%
Short-Term Investments	1.7	%

Virginia Intermediate Municipal Bond Fund

Municipal Bonds	99.3	%
Money Market Funds	0.7	%

Prime Quality Money Market Fund

Corporate Bonds	42.7	%
Commercial Papers	32.3	%
Certificates of Deposit	7.0	%
Time Deposits	4.9	%
Repurchase Agreements	4.1	%
Money Market Funds	4.0	%
Master Notes	2.9	%
U.S. Government Agencies	2.1	%

Tax-Exempt Money Market Fund

Municipal Bonds	96.7	%
Money Market Funds	3.3	%

U.S. Government Securities Money Market Fund

Repurchase Agreements	72.3	%
U.S. Government Agencies	27.7	%

U.S. Treasury Money Market Fund

Repurchase Agreements 100.0 %

Virginia Tax-Free Money Market Fund

Municipal Bonds	96.9	%
Money Market Funds	3.1	%

Portfolio composition is subject to change.

4

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Georgia Tax-Exempt Bond Fund

	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (102.7%)
Georgia (98.1%)
Association County Commissioners of Georgia Leasing Program, Georgia Public Purpose Project, COP, 5.250%, 04/01/21, Callable 04/01/14 @ 102, XLCA		2,680		2,874
Athens Housing Authority, Student Housing Lease Project, RB, 5.250%, 12/01/21, Callable 12/01/12 @ 100, AMBAC		1,000		1,048
Atlanta Airport Passenger Facility Charge, Ser J, RB, 5.000%, 01/01/34, Callable 01/01/15 @ 100, FSA		11,000		11,261
Atlanta Airport Project, Ser A, RB, AMT, 5.375%, 01/01/19, Callable 07/01/14 @ 100, FSA		5,000		5,276
Atlanta Development Authority, Student Housing Facilities, Georgia State University, RB, 5.000%, 09/01/30, Callable 09/01/15 @ 100, XLCA		2,000		2,061
Atlanta Development Authority, Student Housing Facilities, Georgia State University, RB, 5.000%, 09/01/35, Callable 09/01/15 @ 100, XLCA		2,000		2,050
Augusta Water & Sewer Authority, RB, 5.250%, 10/01/34, Callable 10/01/14 @ 100, FSA		2,000		2,104
Augusta Water & Sewer Authority, RB, 5.250%, 10/01/39, Callable 10/01/14 @ 100, FSA		5,000		5,260
Barrow County, GO, 4.500%, 10/01/11, FGIC		1,255		1,301
Bartow County Georgia, GO, 4.500%, 08/01/13, MBIA		6,000		6,288
Georgia—continued
Brunswick Water & Sewer, Refunding & Improvement Project, RB, 6.100%, 10/01/14, MBIA		1,000		1,121
Burke County Development Authority Pollution Control, Vogtle Project, RB, 4.100%, 10/01/32(a)		2,190		2,190
Burke County Development Authority, Pollution Control, Vogtle Project, RB, 4.150%, 10/01/32(a)		11,038		11,037
Carroll County Water Authority, Water & Sewer, RB, 5.250%, 07/01/22, Callable 07/01/15 @ 100, FSA		1,000		1,073
Carrollton Payroll Development Authority, UWG Campus Center, RB, 5.250%, 08/01/27, Callable 8/01/14 @ 100, MBIA		1,000		1,056
Central Valdosta Development Authority, Lowndes County Judicial Project, RB, 5.250%, 06/01/21, Callable 06/01/13 @ 102, XLCA		1,885		2,010
Cherokee County Georgia Resource Recovery Development Authority, Solid Waste Disposal, RB, AMT, 5.000%, 07/01/37, Callable 07/01/17 @ 100, AMBAC		1,000		989
Cherokee County School System, GO, 5.000%, 08/01/13, MBIA		1,000		1,076
Cobb County Development Authority, Kennesaw State University Project, RB, 5.000%, 07/15/29, Callable 07/15/14 @ 100, MBIA		2,250		2,327

See Notes to Financial Statements.

5

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Georgia Tax-Exempt Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Georgia—continued
Cobb County Development Authority, Kennesaw State University Project, Ser A, RB, 5.000%, 07/15/29, Callable 07/15/14 @ 100, MBIA		2,000		2,063
Cobb County Development Authority, Solid Waste Disposal, Georgia Waste Management Project, Ser A, RB, AMT, 5.000%, 04/01/33, Callable 04/01/16 @ 101		1,000		932
Cobb-Marietta County, Coliseum & Exhibit Hall Project, RB, 5.500%, 10/01/12, MBIA		940		994
College Park Business & Industrial Development Authority, Civic Center Project, RB, 5.750%, 09/01/20, Prerefunded 09/01/10 @ 102, AMBAC		3,000		3,236
Coweta County Development Authority, Newnan Water, Sewer & Light Commission, RB, 5.000%, 07/01/25, Callable 07/01/15 @ 100, MBIA		1,000		1,041
Dekalb County Public Safety & Judicial Facilities Authority, Public Safety & Judicial Facility Project, RB, 5.000%, 12/01/29, Callable 01/01/14 @ 101, County Guaranteed		1,000		1,036
Dekalb County, Water & Sewer, RB, 5.125%, 10/01/31, Prerefunded 10/01/10 @ 101		1,200		1,265
Douglasville-Douglas County Water & Sewer Authority, RB, 5.625%, 06/01/15, Callable 12/01/15 @ 100, AMBAC		1,390		1,484
Georgia—continued
Douglasville-Douglas County Water & Sewer Authority, RB, 5.000%, 06/01/28, Callable 12/01/15 @ 100, MBIA		2,000		2,076
Forsyth County Hospital Authority, Baptist Health Care System Project, RB, 6.375%, 10/01/28, ETM		1,000		1,205
Forsyth County Water & Sewer Authority, RB, 5.000%, 04/01/28, Callable 04/01/13 @ 100		1,700		1,748
Fulton County Development Authority, Cauley Creek Water Facilities, Ser A, RB, AMT, 5.500%, 02/01/17, Callable 02/01/11 @ 100, AMBAC		1,310		1,372
Fulton County Development Authority, Georgia Technology Foundation, Ser A, RB, 5.000%, 11/01/31, Callable 05/01/12 @ 100		1,000		1,025
Fulton County Development Authority, Molecular Science Building Project, RB, 5.250%, 05/01/22, Callable 05/01/14 @ 100, MBIA		2,370		2,543
Fulton County Development Authority, Molecular Science Building Project, RB, 5.250%, 05/01/27, Callable 05/01/14 @ 100, MBIA		3,375		3,557
Fulton County Development Authority, Molecular Science Building Project, RB, 5.000%, 05/01/34, Callable 05/01/14 @ 100, MBIA		1,000		1,029
Fulton County Water & Sewer, RB, 5.000%, 01/01/16, Callable 07/01/08 @ 101, FGIC		1,630		1,663

See Notes to Financial Statements.

6

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Georgia Tax-Exempt Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Georgia—continued
Fulton County Water & Sewer, RB, 5.000%, 01/01/24, Callable 01/01/14 @ 100, FGIC		2,000		2,078
Gainesville Redevelopment Authority, Educational Facilities, Riverside Military Academy, RB, 5.125%, 03/01/37, Callable 03/01/17 @ 100		4,100		3,883
Georgia Municipal Electric Authority, RB, 8.000%, 01/01/15, Callable 05/21/07 @ 100, ETM		1,900		2,356
Georgia State Private College & Universities Facilities Authority, Mercer University Project, RB, 6.400%, 11/01/11, MBIA, ETM		1,675		1,772
Georgia State Road & Tollway Authority, Federal Highway Grant, RAN, 5.000%, 06/01/14, MBIA		3,000		3,240
Georgia State Road & Tollway Authority, Federal Highway Grant, RAN, 5.000%, 06/01/18, Callable 06/01/16 @ 100, MBIA		2,650		2,854
Georgia State, Ser A, GO, 5.000%, 09/01/15		3,480		3,795
Gwinnett County Development Authority, Public Schools Project, COP, 5.250%, 01/01/21, Prerefunded 01/01/14 @ 100, MBIA		2,910		3,167
Gwinnett County Hospital Authority, Gwinnett Hospital Systems Project, Ser B, RB, Cl B, 5.000%, 10/01/24, Callable 10/01/14 @ 100		1,250		1,283
Gwinnett County, Public Schools Project, COP, 5.250%, 01/01/25, Prerefunded 01/01/14 @ 100, MBIA		1,500		1,630
Georgia—continued
Heard County Development Authority, Pollution Control, RB, 4.050%, 09/01/29(a)		2,049		2,049
Henry County Water & Sewer Authority, Refunding & Improvements, Ser A, RB, 5.375%, 02/01/13, MBIA		1,290		1,402
Henry County Water & Sewer, RB, 6.150%, 02/01/20, AMBAC		2,100		2,498
Laurens County Georgia Public Facilities Authority, RB, 5.000%, 07/01/11, MBIA		1,000		1,051
Metropolitan Atlanta Rapid Transit Authority, Sales Tax, Ser A, RB, 5.250%, 07/01/21, FGIC		1,000		1,110
Metropolitan Atlanta Rapid Transit Authority, Ser E, RB, 7.000%, 07/01/11, ETM		3,595		3,925
Milledgeville-Baldwin County Development Authority, Georgia College & State University Foundation, RB, 6.000%, 09/01/33, Prerefunded 09/01/14 @ 101		2,355		2,703
Municipal Electric Authority of Georgia, Combustion, Ser A, RB, 5.000%, 11/01/24, Callable 11/01/07 @ 100, MBIA		2,000		2,002
Newnan Hospital Authority, Newnan Hospital Project, RB, 5.500%, 01/01/16, Callable 01/01/13 @100, MBIA		1,435		1,536
Newnan Hospital Authority, Newnan Hospital Project, RB, 5.500%, 01/01/17, Callable 01/01/13 @ 100, MBIA		2,220		2,368
Oconee County Industrial Development Authority, OIIT Project, RB, 5.250%, 07/01/23, Callable 07/01/13 @ 100, XLCA		1,295		1,356

See Notes to Financial Statements.

7

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Georgia Tax-Exempt Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Georgia—continued
Paulding County Courthouse, Government Complex Project, GO, 4.750%, 02/01/28, Callable 02/01/17 @ 100, FGIC		2,000		2,042
Paulding County School District, GO, 6.000%, 02/01/10, MBIA		1,000		1,055
Paulding County School District, Ser A, GO, 6.625%, 02/01/08		525		530
Upper Oconee Basin Water Authority, RB, 5.000%, 07/01/26, Callable 07/01/15 @ 100, MBIA		2,000		2,086
Valdosta & Lowndes County Hospital Authority, South Georgia Medical Center Project, RB, 5.250%, 10/01/27, Callable 10/01/12 @ 101, AMBAC		2,110		2,192
Valdosta & Lowndes County Hospital Authority, South Georgia Medical Center Project, RB, 5.000%, 10/01/33, Callable 10/01/17 @ 100, AMBAC		8,000		8,203
Walker, Dade & Catoosa Counties, Hutcheson Medical Project, Ser A, RB, 5.500%, 10/01/08, Callable 10/01/07 @ 102, FSA		1,370		1,397
Washington County Georgia School District, GO, 4.250%, 12/01/10, LOC:
State Aid Withholding		1,665		1,702
				157,936
Puerto Rico (4.6%)
Puerto Rico Electric Power Authority, Ser SS, RB, 5.000%, 07/01/24, Callable 07/01/15 @ 100, MBIA		1,000		1,051
Puerto Rico Highway & Transportation Authority, Ser AA, RB, 5.500%, 07/01/19, MBIA		2,500		2,835
Puerto Rico Infrastructure Financing Authority Special Tax Revenue, Ser C, 5.500%, 07/01/23, AMBAC		1,000		1,137
Puerto Rico Municipal Finance Agency, Ser A, GO, 5.000%, 08/01/30, Callable 08/01/15 @ 100, FSA		2,300		2,395
				7,418
Total Municipal Bonds (Cost $163,092)				165,354
Money Market Funds (1.2%)
Federated Tax-Free Obligations Fund		1,801,083		1,801
SEI Tax Exempt Trust, Institutional Tax Free Fund		72,428		72
Total Money Market Funds (Cost $1,873)				1,873
Total Investments (Cost $164,965) (b)— 103.9%				167,227
Liabilities in excess of other assets — (3.9)%				(6,340	)
Net Assets — 100.0%			$	160,887

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Cost for federal income tax purposes is $165,468 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	2,244
Unrealized Depreciation		(485	)
Unrealized Appreciation	$	1,759

AMBAC	— Security insured by American Municipal Bond Assurance Corporation
AMT	— Alternative Minimum Tax Paper
COP	— Certificate of Participation
ETM	— Escrowed to Maturity
FGIC	— Security insured by Financial Guaranty Insurance Company
FSA	— Security insured by Financial Security Assurance
GO	— General Obligation
LOC	— Letter of Credit
MBIA	— Security insured by Municipal Bond Insurance Association

See Notes to Financial Statements.

8

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Georgia Tax-Exempt Bond Fund — concluded

RAN	— Revenue Anticipation Note
RB	— Revenue Bond
Ser	— Series
XLCA	— Security insured by XL Capital Assurance, Inc.

See Notes to Financial Statements.

9

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

High Grade Municipal Bond Fund

	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (94.7%)
Alabama (4.2%)
Homewood Educational Building Authority, Samford University, Ser A, RB, 5.000%, 12/01/34, Callable 12/01/16 @ 100, MBIA		2,500		2,582
Jefferson County Sewer, Ser B-8, RB, 5.250%, 02/01/11, Callable 02/01/10 @ 100, FSA		4,500		4,665
				7,247
California (2.7%)
Los Angeles Unified School District, Ser B, GO, 5.000%, 07/01/20, Callable 07/01/17 @ 100, AMBAC		4,350		4,673
Florida (35.4%)
Brevard County School Board, COP, 5.500%, 07/01/17, Callable 07/01/12 @100, AMBAC		1,860		2,012
Brevard County School Board, COP, 5.500%, 07/01/18, Callable 07/01/12 @ 100, AMBAC		3,015		3,262
Brevard County Utility Authority, RB, 5.250%, 03/01/13, Callable 03/01/12 @ 100, FGIC		1,000		1,064
Brevard County Utility Authority, RB, 5.250%, 03/01/14, Callable 03/01/12 @ 100, FGIC		1,000		1,064
Florida State Board of Education, Capital Outlay, Public Education Project, GO, 9.125%, 06/01/14, ETM		950		1,240
Florida State Board of Education, Capital Outlay, Public Education Project, Ser B, GO, 5.250%, 06/01/11, Callable 06/01/08 @ 101		1,000		1,021
Florida State Board of Education, Capital Outlay, Public Education Project, Ser B, GO, 5.375%, 06/01/18, Callable 06/01/12 @ 101, FGIC		2,130		2,289
Florida—continued
Florida State Board of Education, Capital Outlay, Public Education Project, Ser D, GO, 5.375%, 06/01/15, Callable 06/01/12 @ 100		1,535		1,647
Florida State Board of Education, Capital Outlay, Public Education Project, Ser D, GO, 5.625%, 06/01/15, Callable 06/01/10 @ 101		1,235		1,308
Florida State Board of Education, Lottery, Ser A, RB, 5.375%, 07/01/15, Callable 07/01/12 @ 101, FGIC		3,500		3,784
Florida State Division of Bond Finance, Department of Environmental Protection & Preservation, Ser 2000-A, RB, 5.375%, 07/01/11, Callable 07/01/09 @ 101, FGIC		2,130		2,214
Greater Orlando Aviation Authority, Airport Facilities, RB, AMT, 5.500%, 10/01/17, FGIC		1,810		1,997
Hillsborough County Industrial Development Authority, University Community Hospital Project, RB, 6.500%, 08/15/19, MBIA		145		173
Jacksonville Electric Authority, Electrical Systems Project, Ser 3-A, RB, 5.250%, 10/01/13, Callable 10/01/07 @ 101		1,000		1,010
Jacksonville Health Facilities Authority, Charity Obligation Group, Ser C, RB, 5.750%, 08/15/13, Prerefunded 08/15/11 @ 101		3,090		3,239
Jacksonville Sales Tax, RB, 5.500%, 10/01/13, Callable 10/01/11 @ 100, AMBAC		1,435		1,533
Jacksonville Sales Tax, RB, 5.500%, 10/01/14, Callable 10/01/11 @ 100, AMBAC		1,200		1,281
Jacksonville Sales Tax, RB, 5.500%, 10/01/15, Callable 10/01/11 @ 100, AMBAC		1,550		1,654

See Notes to Financial Statements.

10

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

High Grade Municipal Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Florida—continued
Lee County Memorial Health Systems Hospital, Ser A, RB, 5.750%, 04/01/15, Callable 04/01/12 @ 100, FSA		1,000		1,085
Lee County Transportation Facility Authority, Ser A, RB, 5.500%, 10/01/13, Callable 10/01/11 @ 100, AMBAC		2,000		2,137
Manatee County Improvement Project, RB, 5.000%, 10/01/23, Callable 10/01/14 @ 100, FGIC		2,095		2,180
Miami Parking Facilities Authority, RB, 5.250%, 10/01/15, MBIA		1,000		1,092
Orange County Tourist Development Tax Authority, RB, 5.500%, 10/01/11, Callable 10/1/09 @ 100, AMBAC		3,030		3,148
Osceola County Tourist Development Tax Authority, Ser A, RB, 5.500%, 10/01/15, Callable 10/01/12 @ 100, FGIC		1,000		1,082
Palm Beach County School Board Authority, Ser C, COP, 5.500%, 08/01/14, Callable 08/01/12 @ 100, FSA		2,735		2,960
Pensacola Airport Authority, Ser A, RB, AMT, 6.250%, 10/01/09, AMBAC		505		530
Pensacola Airport Authority, Ser A, RB, AMT, 6.000%, 10/01/12, Callable 10/01/08 @ 102, MBIA		1,075		1,117
Polk County School District Sales Tax Authority, RB, 5.250%, 10/01/15, Callable 10/01/14 @ 100, FSA		2,000		2,176
Polk County Utility Systems Authority, RB, 6.000%, 10/01/08, FGIC, ETM		985		996
Sarasota, GO, 5.000%, 07/01/32, Callable 07/01/17 @ 100, MBIA		3,000		3,096
Florida—continued
Tampa Guaranteed Entitlement Authority, RB, 6.000%, 10/01/18, AMBAC		500		563
Tampa Sales Tax Authority, Ser A, RB, 5.375%, 10/01/14, Callable 10/01/11 @ 101, AMBAC		1,640		1,759
Tampa, University of Tampa Project, RB, 5.000%, 04/01/28, Callable 04/01/16 @ 100, CIFG		5,000		5,164
				60,877
Illinois (7.4%)
Chicago Housing Authority, Capital Program, RB, 5.000%, 07/01/23, Callable 07/01/16 @ 100, FSA(a)		5,000		5,212
Illinois Municipal Electric Agency Power Supply, Ser A, RB, 5.250%, 02/01/23, FGIC		7,000		7,518
				12,730
Massachusetts (3.1%)
Massachusetts State, Consolidation Lien, Ser A, GO, 5.000%, 03/01/23, Prerefunded 03/01/15 @ 100, FSA		5,000		5,414
Minnesota (2.2%)
Minnesota State Highway, GO, 5.000%, 08/01/16		3,500		3,826
New Jersey (2.6%)
Tobacco Settlement Financing Corp., RB, 6.250%, 06/01/43, Prerefunded 06/01/13 @ 100		4,000		4,515
North Carolina (2.1%)
North Carolina State Grant Anticipation, RB, 5.000%, 03/01/19, Callable 03/01/17 @ 100, MBIA		3,405		3,653
Pennsylvania (3.1%)
Allegheny County Airport Authority, Pittsburgh International Airport, Ser B, RB, AMT, 5.000%, 01/01/18, MBIA		5,000		5,258

See Notes to Financial Statements.

11

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

High Grade Municipal Bond Fund — concluded

	Shares or
	Principal
	Amount($)		Value($)
Puerto Rico (17.1%)
Puerto Rico Commonwealth Highway & Transportation Authority, RB, 5.250%, 07/01/15, Callable 07/01/13 @ 100, FGIC		5,860		6,336
Puerto Rico Commonwealth Highway & Transportation Authority, Ser G, RB, 5.250%, 07/01/15, Callable 07/01/13 @ 100, FGIC		3,000		3,244
Puerto Rico Commonwealth Infrastructure Financing Authority, Special Tax, Ser C, RB, 5.500%, 07/01/17, AMBAC		10,000		11,340
Puerto Rico Commonwealth Municipal Finance Agency, Ser A, RB, 5.250%, 08/01/14, Callable 08/01/12 @ 100, FSA		6,965		7,461
Puerto Rico Commonwealth Municipal Finance Agency, Ser A, RB, 5.250%, 08/01/16, Callable 08/01/12 @ 100, FSA		1,020		1,093
				29,474
South Carolina (3.7%)
South Carolina State Public Service Authority, Ser B, RB, 5.000%, 01/01/19, MBIA		5,855		6,342
Texas (11.1%)
Kermit Independent School District, GO, 5.250%, 02/15/37, Callable 02/15/17 @ 100		4,000		4,209
North East Independent School District, GO, 5.000%, 08/01/33, Prerefunded 08/01/14 @ 100, MBIA		6,000		6,482
San Antonio, General Improvement, GO, 5.000%, 02/01/21, Callable 02/01/16 @ 100		3,805		4,006
Texas—continued
Texas State Transportation Commission, RB, 5.000%, 04/01/16		4,000		4,327
				19,024
Total Municipal Bonds (Cost $161,475)				163,033
Money Market Funds (6.4%)
Federated Tax-Free Obligations Fund		8,431,797		8,432
SEI Tax Exempt Trust, Institutional Tax Free Fund		2,605,083		2,605
Total Money Market Funds (Cost $11,037)				11,037
Total Investments (Cost $172,512) (b)— 101.1%				174,070
Liabilities in excess of other assets — (1.1)%				(1,897	)
Net Assets — 100.0%			$	172,173

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Cost for federal income tax purposes is $172,512 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	2,156
Unrealized Depreciation		(598	)
Unrealized Appreciation	$	1,558

AMBAC	— Security insured by American Municipal Bond Assurance Corporation
AMT	— Alternative Minimum Tax Paper
CIFG	— Security insured by Capitalized Interest Financial Guaranty
COP	— Certificate of Participation
ETM	— Escrowed to Maturity
FGIC	— Security insured by Financial Guaranty Insurance Company
FSA	— Security insured by Financial Security Assurance
GO	— General Obligation
MBIA	— Security insured by Municipal Bond Insurance Association
RB	— Revenue Bond
Ser	— Series

See Notes to Financial Statements.

12

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

High Income Fund

	Shares or
	Principal
	Amount($)		Value($)
Bank Loans (13.6%)
Commercial Services (2.8%)
Cengage Learning, Inc., 7.950%, 07/03/14(a)(b)		875		849
Merrill Corp., 11.629%, 10/01/13(a)(b)		1,000		970
				1,819
Diversified Financial Services (7.2%)
Cenveo Corp., 9.629%, 06/21/14(a)(b)		575		575
Clark American Corp., 0.000%, 04/01/14(a)(b)(f)		860		798
East Valley Tourist Development Authority, 10.860%, 08/06/14(a)(b)		1,400		1,385
First Data Corp., 0.000%, 09/24/14(a)(b)(f)		1,000		965
First Data Corp., 0.000%, 09/24/14(a)(b)(f)		1,000		963
				4,686
Health Care (0.8%)
Community Health Systems, Inc., 0.000%, 04/25/08(a)(b)(f)		550		547
Investment Company (1.5%)
Thermal North America, Inc., 7.950%, 10/27/08(a)(b)		977		968
Telecommunications (1.3%)
Wind Acquisition Holdings, 12.609%, 12/07/11(a)(b)		802		810
Total Bank Loans (Cost $8,852)				8,830
Corporate Bonds (83.6%)
Advertising (3.9%)
Affinion Group, Inc., 11.500%, 10/15/15, Callable 10/15/10 @ 105.75		520		546
Quebecor World Capital Corp., 8.750%, 03/15/16, Callable 03/15/11 @ 104.38(b)		35		32
Quebecor World, Inc., 9.750%, 01/15/15, Callable 01/15/11 @ 104.88(b)		1,040		996
R.H. Donnelley Corp., 8.875%, 10/15/17, Callable 10/15/12 @ 104.44(b)		555		563
Advertising—continued
Valassis Communication, 8.250%, 03/01/15, Callable 03/01/11 @ 104.13(c)		475		413
				2,550
Aerospace/Defense (0.3%)
Hawker Beechcraft Corp., 8.500%, 04/01/15, Callable 04/01/11 @ 104.25(b)		205		210
Apparel (2.8%)
Hanesbrands, Inc., 8.784%, 12/15/14, Callable 12/15/08 @ 102(a)		255		254
Levi Strauss & Co., 8.875%, 04/01/16, Callable 04/01/11 @ 104.44(c)		1,500		1,545
				1,799
Auto Manufacturers (3.3%)
General Motors Corp., 8.375%, 07/15/33(c)		2,470		2,164
Auto Parts & Equipment (1.6%)
Goodyear Tire & Rubber Co. (The), 9.135%, 12/01/09(a)(b)		1,060		1,068
Beverages (0.2%)
Cott Beverages, Inc., 8.000%, 12/15/11, Callable 12/15/07 @ 102.67		155		153
Chemicals (3.1%)
Ineos Group Holdings PLC, 8.500%, 02/15/16, Callable 02/15/11 @ 104.25(b)(c)		2,080		1,991
Commercial Services (6.9%)
Aramark Services, Inc., 8.500%, 02/01/15, Callable 02/01/11 @ 104.25(c)		655		668
Aramark Services, Inc., 8.856%, 02/01/15, Callable 02/01/09 @ 102(a)		75		76
Atlantic Broadband, Inc., 9.375%, 01/15/14, Callable 01/15/09 @ 104.69		675		655
Deluxe Corp., 7.375%, 06/01/15, Callable 06/01/11 @ 103.69		100		99
Deluxe Corp., Ser B, 5.125%, 10/01/14		225		193

See Notes to Financial Statements.

13

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

High Income Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Commercial Services—continued
Hertz Corp., 10.500%, 01/01/16, Callable 01/01/11 @ 105.25(c)		395		427
Seitel Acquisition Corp., 9.750%, 02/15/14		55		52
United Rentals NA, Inc., 6.500%, 02/15/12, Callable 02/15/12 @ 103.25		330		334
United Rentals NA, Inc., 7.750%, 11/15/13, Callable 11/15/08 @ 103.88(c)		1,350		1,390
Visant Holdings Corp., 8.750%, 12/01/13, Callable 12/01/08 @ 106.563(c)		515		527
				4,421
Diversified Financial Services (8.8%)
Buffalo Thunder Development Authority, 9.375%, 12/15/14, Callable 12/15/10 @ 104.69(b)		235		221
Ford Motor Credit Co., 8.625%, 11/01/10		1,410		1,398
Galaxy Entertainment Finance Co. Ltd., 9.875%, 12/15/12, Callable 12/15/09 @ 104.94(b)		100		103
GMAC LLC, 6.625%, 05/15/12		300		280
GMAC LLC, 6.750%, 12/01/14		95		86
GMAC LLC, 8.000%, 11/01/31		685		672
Hexion US Finance Corp., 9.750%, 11/15/14, Callable 11/15/10 @ 104.88		440		484
Hexion US Finance Corp., 10.058%, 11/15/14, Callable 11/15/08 @ 102(a)		80		82
IDEARC, Inc., 8.000%, 11/15/16, Callable 11/15/11 @ 104		1,095		1,092
Level 3 Financing, Inc., 12.250%, 03/15/13, Callable 03/15/10 @ 106.13		45		50
Level 3 Financing, Inc., 9.150%, 02/15/15, Callable 02/15/09 @ 102(a)		75		72
Diversified Financial Services—continued
Nielsen Finance LLC, 10.000%, 08/01/14, Callable 08/01/10 @ 105		580		613
NSG Holdings LLC, 7.750%, 12/15/25(b)		475		470
Snoqualmie Enterprise Authority, 9.125%, 02/01/15, Callable 02/01/11 @ 104.56(b)		45		44
				5,667
Diversified Minerals (0.8%)
FMG Finance Property Ltd., 10.625%, 09/01/16(b)		435		512
Diversified Operations (1.8%)
Activant Solutions, Inc., 9.500%, 05/01/16, Callable 05/01/11 @ 104.75		990		871
Freeport-McMoRan Copper & Gold, Inc., 8.564%, 04/01/15, Callable 04/01/09 @ 102(a)		255		265
				1,136
Electric (8.3%)
Aquila, Inc., 12.073%, 07/01/12(c)		1,495		1,884
InterGen NV, 9.000%, 06/30/17, Callable 06/30/12 @ 104.50(b)		825		866
Mirant North America LLC, 7.375%, 12/31/13, Callable 12/31/09 @ 103.69		1,350		1,370
Reliant Energy, Inc., 6.750%, 12/15/14, Callable 12/15/09 @ 103.38		1,220		1,232
				5,352
Entertainment (0.4%)
Pokagon Gaming Authority, 10.375%, 06/15/14, Callable 06/15/10 @ 105.19(b)		90		99
Shingle Springs Tribal Gaming Authority, 9.375%, 06/15/15, Callable 06/15/11 @ 104.69(b)(c)		135		136
				235
Food (0.7%)
Smithfield Foods, Inc., 7.750%, 07/01/17		450		461

See Notes to Financial Statements.

14

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

High Income Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Forest Products & Paper (2.1%)
Boise Cascade LLC, 8.231%, 10/15/12, Callable 08/21/12 @ 102(a)		600		600
Verso Paper Holdings, Ser B, 9.106%, 08/01/14, Callable 08/01/08 @ 102(a)		745		749
				1,349
Health Care (7.9%)
Community Health Systems, Inc., 8.875%, 07/15/15, Callable 07/15/11 @ 104.44(b)		885		909
HCA, Inc., 9.625%, 11/15/16, Callable 11/15/11 @ 104.81(b)		1,635		1,745
Universal Hospital Services, Inc., 8.500%, 06/01/15, Callable 06/01/11 @ 104.25(b)		205		203
Universal Hospital Services, Inc., 8.759%, 06/01/15, Callable 06/01/09 @ 102(a)(b)		1,200		1,194
US Oncology, Inc., 10.750%, 08/15/14, Callable 08/15/09 @ 105.38		1,000		1,033
				5,084
Insurance (0.4%)
Crum & Forster Holdings Corp., 7.750%, 05/01/17, Callable 05/01/12 @ 103.88		260		247
Leisure Time (1.5%)
Sabre Holdings Corp., 8.350%, 03/15/16		1,100		990
Lodging (1.4%)
Harrahs Operating Co., Inc., 5.750%, 10/01/17		1,215		930
Machinery Diversified (2.0%)
Chart Industries, Inc., 9.125%, 10/15/15, Callable 10/15/10 @ 104.56		1,250		1,294
Media (8.7%)
Bonten Media Acquisition, 9.000%, 06/01/15, Callable 06/01/11 @ 104.50(b)		575		515
Clear Channel Communications, Inc., 7.650%, 09/15/10		135		134
EchoStar DBS Corp., 7.125%, 02/01/16		530		545
Media—continued
Kabel Deutschland GmbH, 10.625%, 07/01/14, Callable 07/01/09 @ 105.31		1,010		1,081
Mediacom Broadband LLC, 8.500%, 10/15/15, Callable 10/15/10 @ 104.25		1,675		1,679
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 03/15/11 @ 103.88		165		157
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 03/15/11 @ 103.88(b)		270		257
Univision Communications, 9.750%, 03/15/15, Callable 03/15/11 @ 104.88(b)(c)		1,275		1,243
				5,611
Miscellaneous Manufacturer (0.4%)
Koppers, Inc., 9.875%, 10/15/13, Callable 10/15/08 @ 104.94		239		253
Oil & Gas (4.6%)
Cie Generale De Geophysique, 7.500%, 05/15/15, Callable 05/15/10 @ 103.75		205		211
Cie Generale De Geophysique, 7.750%, 05/15/17, Callable 05/15/12 @ 103.88		85		88
Forest Oil Corp., 7.250%, 06/15/19, Callable 06/15/12 @ 103.63(b)		105		105
Mariner Energy, Inc., 8.000%, 05/15/17, Callable 05/15/12 @ 104		145		142
OPTI Canada, Inc., 7.875%, 12/15/14, Callable 12/15/10 @ 104.13(b)		725		725
United Refining Co., 10.500%, 08/15/12, Callable 08/15/08 @ 105.25(b)		105		108
United Refining Co., 10.500%, 08/15/12, Callable 08/15/08 @ 105.25		1,540		1,585
				2,964
Packaging & Containers (1.0%)
Graphic Packaging International, 9.500%, 08/15/13, Callable 08/15/08 @ 104.75		650		668

See Notes to Financial Statements.

15

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

High Income Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Pipelines (2.6%)
Targa Resources, Inc., 8.500%, 11/01/13, Callable 11/01/09 @ 104.25(b)		1,405		1,405
Williams Partners LP, 7.250%, 02/01/17		250		255
				1,660
Real Estate (0.8%)
American Real Estate Partners LP, 8.125%, 06/01/12, Callable 06/01/08 @ 104.06		75		74
American Real Estate Partners LP, 7.125%, 02/15/13, Callable 02/15/09 @ 103.56(b)		440		419
American Real Estate Partners LP, 7.125%, 02/15/13, Callable 02/15/09 @ 103.56		20		19
				512
Semiconductors (1.0%)
Amkor Technologies, Inc., 7.125%, 03/15/11		160		155
Amkor Technologies, Inc., 9.250%, 06/01/16, Callable 06/01/11 @ 104.63(c)		180		182
Freescale Semiconductor, Inc., 8.875%, 12/15/14, Callable 12/15/10 @ 104.44		70		68
Freescale Semiconductor, Inc., 10.125%, 12/15/16, Callable 12/15/11 @ 105.06(c)		265		246
				651
Telecommunication Services (5.7%)
Intelsat Subsidiary Holding Co. Ltd., 8.250%, 01/15/13, Callable 01/15/09 @ 104.13		215		218
Nordic Telephone Co. Holdings, 8.875%, 05/01/16, Callable 05/01/11 @ 104.438(b)		185		195
PanAmSat Corp., 9.000%, 06/15/16, Callable 06/15/11 @ 104.50		840		865
Telcordia Technologies, Inc., 9.110%, 07/15/12, Callable 07/15/08 @ 102(a)(b)		1,300		1,213
West Corp., 11.000%, 10/15/16, Callable 10/15/11 @ 105.50(c)		1,055		1,108
Telecommunication Services—continued
Wind Acquisition Finance SA, 10.750%, 12/01/15, Callable 12/01/10 @ 105.38(b)		75		83
				3,682
Transportation (0.6%)
Bristow Group, Inc., 7.500%, 09/15/17, Callable 09/15/12 @ 103.75(b)		375		384
Total Corporate Bonds (Cost $53,725)				53,998
Short-Term Investment (13.9%)
Credit Suisse Flagship Fund (USA) LLC (d)		8,979,025		8,979
Total Short-Term Investment (Cost $8,979)				8,979
Repurchase Agreement (7.7%)
Merrill Lynch & Co., Inc., 4.965%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $4,964 (collateralized by U.S. Government Agencies; 5.500%-5.750%, due 02/15/34-10/15/34; total market value $5,061)	$	4,962		4,962
Total Repurchase Agreement (Cost $4,962)				4,962
Total Investments (Cost $76,518) (e) — 118.8%				76,769
Liabilities in excess of other assets — (18.8)%				(12,149	)
Net Assets — 100.0%			$	64,620

See Notes to Financial Statements.

16

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

High Income Fund — concluded

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 41.5% of net assets as of September 30, 2007.
(c)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $8,579.
(d)	This security was purchased with cash collateral held from securities lending.
(e)	Cost for federal income tax purposes is $77,550 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	0
Unrealized Depreciation		(781	)
Unrealized Depreciation	$	(781	)

(f)	This security has not settled as of September 30, 2007 and thus does not have a rate in effect. The security does not have a stated settlement date and will receive a rate upon settling with the custodian.
LLC	— Limited Liability Company
LP	— Limited Partnership
PLC	— Public Limited Company
Ser	— Series

At September 30, 2007, liquid assets totaling $3,524 in thousands, have been designated as collateral for open swap agreements.

Credit Default Swap Agreements

		Notional			Fixed		Expiration
Underlying Instrument	Counterparty	Amount($)			Rate(%)		Date		Value($)
Abitibi Consolidated, Inc.	JP Morgan		500			4.50		06/20/09		(53	)
Charter Communications Holdings LLC	JP Morgan		1,000			5.15		09/20/10		(45	)
Lennar Corp.	Morgan Stanley		(1,000	)		3.15		12/20/12		7
										(91	)

See Notes to Financial Statements.

17

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Intermediate Bond Fund

	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (2.1%)
Automobile ABS (0.5%)
Daimler Chrysler Auto Trust, Ser 2003-B, Cl A4, 6.500%, 11/15/13		2,195		2,276
Daimler Chrysler Auto Trust, Ser 2005-A, Cl A4, 3.740%, 02/08/10		390		387
				2,663
Collateralized Loan Obligations ABS (0.6%)
Commercial Industrial Finance Corp., Ser 2006-1BA, Cl B2L, 9.210%, 12/22/20(a)(b)		1,200		911
Marathon CLO Ltd., Ser 2005-2A, Cl D, 10.288%, 12/20/19(a)(b)		645		516
Muir Grove CLO Ltd., Ser 2007-1A, Cl B, 7.348%, 03/25/20(a)(b)		1,750		1,744
				3,171
Credit Card ABS (0.7%)
Capital One Multi-Asset Execution Trust, Ser 2007-A7, Cl A7, 5.750%, 07/15/20		1,593		1,600
Citibank Credit Card Master Trust I, Ser 1998-2, Cl A, 6.050%, 01/15/10		550		551
Discover Card Master Trust, Ser 2007-A1, Cl A1, 5.650%, 03/16/20		1,309		1,307
				3,458
Home Equity ABS (0.0%)
Contimortgage Home Equity Loan Trust, Ser 1996-2, Cl A8, 7.900%, 07/15/27		47		49
Delta Funding Home Equity Loan Trust, Ser 1999-3, Cl A1F, 7.962%, 09/15/29(a)		5		5
Soundview Home Equity Loan Trust, Ser 2001-1, Cl A, 6.765%, 04/15/31(a)		8		8
				62
Utility ABS (0.3%)
PECO Energy Transition Trust, Ser 2000-A, Cl A4, 7.650%, 03/01/10		1,144		1,206
PSE&G Transition Funding LLC, Ser 2001-1, Cl A8, 6.890%, 12/15/17		387		417
				1,623
Total Asset-Backed Securities (Cost $10,927)				10,977
Collateralized Mortgage Obligations (10.0%)
Banc of America Commercial Mortgage, Inc., Ser 2004-4, Cl A3, 4.128%, 07/10/42		355		350
Banc of America Commercial Mortgage, Inc., Ser 2006-4, Cl A4, 5.634%, 07/10/46		530		533
Banc of America Commercial Mortgage, Inc., Ser 2006-2, Cl A4, 5.930%, 05/10/45(a)		2,113		2,154
Banc of America Commercial Mortgage, Inc., Ser 2006-3, Cl A4, 5.889%, 07/10/44(a)		2,958		3,031
Bear Stearns Commercial Mortgage Securities, Inc., Ser 2005-PW10, Cl A4, 5.405%, 12/11/40(a)		3,347		3,324
Bear Stearns Commercial Mortgage Securities, Inc., Ser 2006-PW13, Cl A4, 5.540%, 09/11/41		430		430
Chase Commercial Mortgage Securities Corp., Ser 2000-3, Cl A2, 7.319%, 10/15/32		1,388		1,461
Citigroup/Deutsche Bank Commercial Mortgage Trust, Ser 2005-CD1, Cl A4, 5.400%, 07/15/44(a)		415		411
Citigroup/Deutsche Bank Commercial Mortgage Trust, Ser 2006-CD2, Cl A4, 5.545%, 01/15/46(a)		275		273
Commercial Mortgage Pass-Through Certificates, Ser 2005-C6, Cl A5A, 5.116%, 06/10/44(a)		3,892		3,803

See Notes to Financial Statements.

18

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Intermediate Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued
Countrywide Alternative Loan Trust, Ser 2006-HY12, Cl A5, 6.176%, 08/25/36(a)		3,883		3,938
Countrywide Home Loans, Ser 2004-J1, Cl 1A1, 4.500%, 01/25/19		1,216		1,181
Fremont Home Loan Trust, Ser 2005-B, Cl 2A2, 5.331%, 04/25/35(a)		47		47
GE Capital Commercial Mortgage Corp., Ser 2000-1, Cl A2, 6.496%, 01/15/33		2,916		3,025
GE Capital Commercial Mortgage Corp., Ser 2006-C1, Cl A4, 5.518%, 03/10/44(a)		360		358
GMAC Commercial Mortgage Securities, Inc., Ser 2003-C2, Cl A1, 4.576%, 05/10/40		495		491
Greenwich Capital Commercial Funding Corp., Ser 2006-GG7, Cl A4, 6.111%, 07/10/38(a)		3,082		3,178
GS Mortgage Securities Corp. II, Ser 2006-GG6, Cl A2, 5.506%, 04/10/38(a)		1,688		1,706
GS Mortgage Securities Corp. II, Ser 2006-GG8, Cl A4, 5.560%, 11/10/39(a)		375		375
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2005-LDP4, Cl A4, 4.918%, 10/15/42(a)		891		859
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2005-LDP5, Cl A4, 5.345%, 12/15/44(a)		2,636		2,606
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2006-CB15, Cl A4, 5.814%, 06/12/43(a)		560		571
Collateralized Mortgage Obligations—continued
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2006-CB16, Cl A4, 5.552%, 05/12/45		1,860		1,860
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2006-LDP6, Cl A4, 5.475%, 04/15/43(a)		385		384
LB-UBS Commercial Mortgage Trust, Ser 2005-C5, Cl A4, 4.954%, 09/15/30		3,700		3,578
LB-UBS Commercial Mortgage Trust, Ser 2005-C7, Cl A4, 5.197%, 11/15/30(a)		792		778
LB-UBS Commercial Mortgage Trust, Ser 2006-C1, Cl A4, 5.228%, 02/15/31		790		773
LB-UBS Commercial Mortgage Trust, Ser 2006-C3, Cl A4, 5.661%, 03/15/39(a)		1,624		1,640
Merrill Lynch/Countrywide Commercial Mortgage Trust, Ser 2006-1, Cl A4, 5.607%, 02/12/39(a)		2,348		2,347
Morgan Stanley Capital I, Ser 2006-HQ10, Cl A4, 5.328%, 11/12/41(a)		790		778
Morgan Stanley Dean Witter Capital 1, Ser 2001-TOP1, Cl A4, 6.660%, 02/15/33		2,580		2,690
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C21, Cl A4, 5.385%, 10/15/44(a)		3,414		3,370
Wachovia Bank Commercial Mortgage Trust, Ser 2006-C23, Cl A4, 5.418%, 01/15/45(a)		455		451

See Notes to Financial Statements.

19

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Intermediate Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued
Washington Mutual Mortgage Pass-Through Certificates, Ser 2003-S7, Cl A1, 4.500%, 08/25/18		696		664
Total Collateralized Mortgage Obligations (Cost $52,412)				53,418
Corporate Bonds (23.0%)
Aerospace/Defense (0.3%)
United Technologies Corp., 4.875%, 05/01/15		1,400		1,348
Airlines (0.6%)
Continental Airlines, Inc., Ser A, 5.983%, 04/19/22		1,285		1,245
Southwest Airlines Co., Ser 07-1, 6.150%, 08/01/22		1,853		1,856
				3,101
Banks (1.7%)
Bank of America Corp., 7.400%, 01/15/11		3,697		3,934
UBS AG Stamford, 5.350%, 07/23/09(a)		2,810		2,808
Wachovia Corp., 5.300%, 10/15/11		2,035		2,044
				8,786
Beverages (0.4%)
SABMiller PLC, 6.200%, 07/01/11(c)		2,152		2,223
Building Materials (0.2%)
Lafarge SA, 6.150%, 07/15/11		1,215		1,239
Commercial Services (0.6%)
Caterpillar Financial Services Corp., Ser F, 5.850%, 09/01/17		886		894
ERAC USA Finance Co., 5.600%, 05/01/15(c)		1,200		1,160
Xerox Corp., 5.500%, 05/15/12		945		936
				2,990
Computers (0.2%)
IBM Corp., 5.700%, 09/14/17		1,107		1,113
Computers—(continued)
Diversified Financial Services (7.1%)
ABX Financing Co., 5.750%, 10/15/16(c)		1,760		1,746
American Express Co., 6.150%, 08/28/17		1,669		1,684
CIT Group, Inc., 5.600%, 04/27/11		1,365		1,330
Citigroup, Inc., 5.125%, 05/05/14		1,770		1,724
Citigroup, Inc., 6.000%, 08/15/17		854		874
Credit Suisse (USA), Inc., 6.500%, 01/15/12		930		972
Fund American Cos., Inc., 5.875%, 05/15/13		2,060		2,031
General Electric Capital Corp., 4.250%, 01/15/08		5,400		5,383
Goldman Sachs Group, Inc. (The), 4.750%, 07/15/13		2,030		1,938
Household Finance Corp., 4.125%, 12/15/08		3,310		3,274
International Lease Finance Corp., Ser Q, 5.250%, 01/10/13		895		875
International Lease Finance Corp., Ser R, 5.625%, 09/15/10		1,971		1,962
International Lease Finance Corp., Ser R, 5.625%, 09/20/13		475		471
Janus Capital Group, Inc., 5.875%, 09/15/11		845		842
Jefferies Group, Inc., 5.875%, 06/08/14		1,830		1,779
JPMorgan Chase & Co., 6.625%, 03/15/12		3,059		3,211
Lazard Group LLC, 7.125%, 05/15/15		2,375		2,399
Merrill Lynch & Co., Inc., 6.050%, 08/15/12		3,307		3,391
Morgan Stanley, 5.300%, 03/01/13		1,970		1,939
				37,825
Electric (2.7%)
CenterPoint Energy, Inc., Ser A-4, 5.170%, 08/01/19		1,754		1,747
Enel Finance International, 5.700%, 01/15/13(c)		4,349		4,382

See Notes to Financial Statements.

20

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Intermediate Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Electric—(continued)
Exelon Generation Co. LLC, 6.200%, 10/01/17		2,096		2,098
Florida Power Corp., Ser A, 5.800%, 09/15/17		942		945
MidAmerican Energy Holdings Co., Ser D, 5.000%, 02/15/14		2,945		2,839
Nevada Power Co., Ser L, 5.875%, 01/15/15		530		518
Oncor Electric Delivery Co., 6.375%, 01/15/15		1,360		1,363
Union Electric Co., 5.400%, 02/01/16		750		717
				14,609
Insurance (0.8%)
American International Group, Ser G, 5.600%, 10/18/16		2,445		2,412
MetLife, Inc., 5.000%, 06/15/15		800		763
Travelers Cos., Inc. (The), 5.375%, 06/15/12		990		1,000
				4,175
Media (1.2%)
News America Holdings, Inc., 9.250%, 02/01/13		1,510		1,749
Time Warner Cable, Inc., 5.850%, 05/01/17		3,725		3,621
Time Warner, Inc., 5.500%, 11/15/11		825		824
				6,194
Miscellaneous Manufacturer (1.1%)
General Electric Co., 5.000%, 02/01/13		1,220		1,209
Kimberly-Clark Corp., 6.125%, 08/01/17		2,858		2,944
Siemens Financierings NV, 5.750%, 10/17/16(c)		1,485		1,498
				5,651
Oil & Gas (0.5%)
Enterprise Products Operating LP, Ser B, 5.600%, 10/15/14		2,160		2,116
Oil & Gas—(continued)
Weatherford International Ltd., 4.950%, 10/15/13		535		512
				2,628
Pharmaceuticals (2.3%)
Astrazeneca PLC, 5.900%, 09/15/17(d)		5,021		5,097
Johnson & Johnson, 5.550%, 08/15/17		2,985		3,032
Merck & Co., Inc., 5.125%, 11/15/11		1,150		1,159
Schering-Plough, 6.000%, 09/15/17		2,616		2,628
Teva Pharmaceutical Finance LLC, 5.550%, 02/01/16		520		505
				12,421
Pipelines (0.6%)
Centerpoint Energy Resources Corp., Ser B, 7.875%, 04/01/13		1,980		2,163
El Paso Natural Gas Co., 5.950%, 04/15/17(c)		590		576
Southern Natural Gas Co., 5.900%, 04/01/17(c)		495		482
				3,221
Retail (0.9%)
JC Penney Corp., Inc., 5.750%, 02/15/18		295		283
Wal-Mart Stores, Inc., 5.800%, 02/15/18		4,605		4,637
				4,920
Software (0.1%)
Intuit, Inc., 5.750%, 03/15/17		415		396
Telecommunication Services (1.7%)
AT&T, Inc., 5.100%, 09/15/14		1,870		1,810
Cisco Systems, Inc., 5.500%, 02/22/16		1,960		1,947
Comcast Corp., 4.950%, 06/15/16		1,015		940
Rogers Wireless, Inc., 7.500%, 03/15/15		925		991
Verizon Communications, Inc., 5.550%, 02/15/16		975		965

See Notes to Financial Statements.

21

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Intermediate Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Telecommunication Services—continued
Vodafone Group PLC, 5.500%, 06/15/11		2,620		2,627
				9,280
Total Corporate Bonds (Cost $122,755)				122,120
U.S. Government Agency Mortgages (6.9%)
Fannie Mae (2.1%)
5.725%, 03/01/12		213		218
6.260%, 05/01/12		303		316
5.000%, 07/25/24		1,492		1,491
5.000%, 01/25/34		1,375		1,289
5.500%, 02/01/35		1,248		1,227
5.500%, 01/25/36		1,330		1,291
5.397%, 06/25/36		2,995		3,012
5.716%, 05/01/37(a)		2,652		2,675
				11,519
Freddie Mac (4.3%)
6.500%, 08/01/08		18		18
5.000%, 09/15/18		1,183		1,179
5.000%, 08/15/25		1,899		1,900
5.500%, 07/15/27		1,778		1,789
5.500%, 11/15/28		3,189		3,210
5.500%, 05/15/29		3,346		3,367
5.500%, 01/15/30		5,241		5,275
5.500%, 07/15/36		2,525		2,462
5.000%, 07/15/37		3,644		3,583
				22,783
Government National Mortgage Association (0.5%)
6.378%, 10/16/20(a)		145		147
4.449%, 03/16/25		321		317
4.811%, 05/16/27		429		426
4.271%, 01/16/28		393		386
3.760%, 09/16/28		426		415
4.300%, 07/16/29		188		185
5.373%, 02/16/31(a)		400		398
5.269%, 03/16/37(a)		400		395
				2,669
Total U.S. Government Agency Mortgages (Cost $36,525)				36,971
U.S. Treasury Obligations (55.0%)
U.S. Treasury Notes (55.0%)
4.750%, 02/15/10(d)		47,966		48,783
4.000%, 04/15/10(d)		94,893		94,900
4.250%, 10/15/10(d)		55,921		56,275
4.625%, 10/31/11		31,367		31,926
U.S. Treasury Notes—continued
4.500%, 04/30/12(d)		31,641		32,029
4.125%, 08/31/12(d)		26,190		26,083
4.750%, 08/15/17(d)		2,656		2,692
Total U.S. Treasury Obligations (Cost $289,572)				292,688
Short-Term Investment (27.5%)
Credit Suisse Flagship Fund (USA) LLC(e)		146,144,836		146,145
Total Short Term Investment (Cost $146,145)				146,145
Money Market Fund (4.6%)
STI Classic Institutional Cash Management Money Market Fund(f)		24,531,783		24,532
Total Money Market Fund (Cost $24,532)				24,532
Total Investments (Cost $682,868)(g) — 129.1%				686,851
Liabilities in excess of other assets (29.1)%				(154,784	)
Net Assets 100.0%			$	532,067

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid securities held by the Fund as of September 30, 2007 are identified below (in thousands):

Issue	Acquisition		Cost		Par		Value		Percent of
Description	Date		($)		($)		($)		Net Assets(%)
Commercial Industrial Finance Corp.		07/20/07		854		1,200		911		0.17
Marathon CLO Ltd.		07/19/07		516		645		516		0.10
Muir Grove CLO Ltd.		09/25/07		1,744		1,750		1,744		0.33

(c)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 2.9% of net assets as of September 30, 2007.
(d)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $141,048.
(e)	This security was purchased with cash collateral held from securities lending.
(f)	Affiliate investment.

See Notes to Financial Statements.

22

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Intermediate Bond Fund — continued

(g) Cost for federal income tax purposes is $684,358 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	3,875
Unrealized Depreciation		(1,382	)
Unrealized Appreciation	$	2,493

Cl	— Class
LLC	— Limited Liability Company
LP	— Limited Partnership
PLC	— Public Limited Company
Ser	— Series

At September 30, 2007, liquid assets totaling $116,892, in thousands have been designated as collateral for open swap agreements.

Credit Default Swap Agreements

		Notional			Fixed		Expiration
Underlying Instrument	Counterparty	Amount($)			Rate(%)		Date		Value($)
Dow Jones CDX Indices; Series 7	Merrill Lynch		3,705			0.59		12/20/16		37
Dow Jones CDS Indices; Series 7	Bank of America		1,860			0.60		06/20/17		62
Dow Jones CDX Indices; Series 7	Credit Suisse First Boston		1,270			0.65		12/20/16		19
Dow Jones CDX Indices; Series 7	Merrill Lynch		790			0.60		06/20/17		28
North America High Yield Index; Series 8	Merrill Lynch		25,770			2.75		06/20/12		(197	)
Bear Stearns Cos., Inc. (The)	J.P. Morgan		(620	)		1.29		09/20/17		(20	)
Brunswick Corp.	Merrill Lynch		(500	)		1.20		03/20/17		(2	)
Brunswick Corp.	Merrill Lynch		(120	)		1.15		03/20/17		—
Carnival Corp.	J.P. Morgan		(790	)		0.70		09/20/17		(7	)
Centex Corp.	Credit Suisse First Boston		(620	)		2.65		09/20/17		12
Dow Chemical Co.	Barclays Bank PLC		(620	)		0.67		09/20/17		(8	)
Gannett Co.	Citibank N.A.		(500	)		0.83		06/20/17		4
Gannett Co.	Citibank N.A.		(120	)		0.81		06/20/17		1
IStar Financial, Inc.	Citibank N.A.		(500	)		0.88		03/20/17		42
IStar Financial, Inc.	Citibank N.A.		(120	)		0.70		03/20/17		12
MBIA, Inc.	Credit Suisse First Boston		(620	)		0.88		09/20/17		(9	)
MBIA, Inc.	Bank of America		(635	)		1.35		09/20/17		12
Wells Fargo & Co.	J.P. Morgan		(500	)		0.19		06/20/17		4
Wells Fargo & Co.	J.P. Morgan		(120	)		0.22		06/20/17		1
Weyerhaeuser Co.	Citibank N.A.		(500	)		.098		03/20/11		2
Weyerhaeuser Co.	Citibank N.A.		(120	)		1.05		03/20/11		—
Yum Brands, Inc.	Barclays Bank PLC		(620	)		1.06		09/20/17		(18	)
									($	25	)

See Notes to Financial Statements.

23

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)

(Unaudited)

Intermediate Bond Fund — continued

At September 30, 2007 the Fund’s foreign currency exchange contracts were as follows:

			Contract Amount		Contract				Unrealized
	Delivery		in Local		Value		Market		Appreciation
Currency	Date		Currency		in USD($)		Value($)		(Depreciation)($)
Short:
Australian Dollar		12/20/07		1,244		1,069		1,100		(31	)
Australian Dollar		12/24/07		1,229		1,055		1,086		(31	)
Australian Dollar		12/31/07		1,219		1,061		1,077		(16	)
Brazilian Real		10/23/07		1,834		944		999		(55	)
Brazilian Real		11/06/07		3,760		1,946		2,045		(99	)
Brazilian Real		11/27/07		1,021		516		554		(38	)
Brazilian Real		11/27/07		1,020		516		553		(37	)
Brazilian Real		11/30/07		1,037		515		563		(48	)
Brazilian Real		12/10/07		821		415		445		(30	)
Brazilian Real		12/14/07		2,037		1,056		1,104		(48	)
Brazilian Real		12/24/07		1,983		1,054		1,074		(20	)
Chilean Peso		11/06/07		515,543		988		1,009		(21	)
Chinese Yuan Renminbi		07/21/08		7,048		978		986		(8	)
Chinese Yuan Renminbi		07/21/08		10,590		1,469		1,482		(13	)
Euro		12/10/07		379		524		540		(16	)
Euro		12/18/07		760		1,072		1,085		(13	)
Hungarian Forint		12/14/07		192,423		1,044		1,090		(46	)
Hungarian Forint		12/18/07		194,742		1,055		1,103		(48	)
Israeli Shekel		10/26/07		6,230		1,455		1,553		(98	)
Israeli Shekel		11/06/07		4,273		994		1,065		(71	)
Israeli Shekel		11/08/07		2,149		501		536		(35	)
Israeli Shekel		11/13/07		4,227		990		1,054		(64	)
Israeli Shekel		11/13/07		2,135		500		532		(32	)
India Rupee		01/25/08		39,646		965		993		(28	)
Japanese Yen		10/23/07		595,729		4,935		5,201		(266	)
Japanese Yen		12/11/07		117,912		1,050		1,036		14
Japanese Yen		12/20/07		120,638		1,052		1,060		(8	)
Japanese Yen		12/26/07		119,384		1,042		1,050		(8	)
Korean Won		12/17/07		969,675		1,046		1,065		(19	)
Mexican Nuevo Peso		10/18/07		15,894		1,467		1,452		15
Mexican Nuevo Peso		10/25/07		10,699		974		977		(3	)
Mexican Nuevo Peso		11/23/07		11,291		1,012		1,029		(17	)
Mexican Nuevo Peso		12/11/07		5,853		525		533		(8	)
Malaysian Ringgit		10/16/07		8,264		2,393		2,428		(35	)
Malaysian Ringgit		12/11/07		1,836		525		541		(16	)
Malaysian Ringgit		12/17/07		3,627		1,047		1,069		(22	)
Norwegian Krone		12/13/07		5,963		1,058		1,106		(48	)
New Zealand Dollar		11/14/07		681		500		514		(14	)
New Zealand Dollar		11/14/07		675		500		509		(9	)
New Zealand Dollar		11/14/07		704		500		531		(31	)
New Zealand Dollar		11/23/07		740		510		558		(48	)
New Zealand Dollar		11/30/07		723		510		545		(35	)
New Zealand Dollar		11/30/07		742		515		559		(44	)
New Zealand Dollar		12/07/07		605		415		455		(40	)
New Zealand Dollar		12/10/07		607		415		457		(42	)
New Zealand Dollar		12/11/07		769		525		579		(54	)
New Zealand Dollar		12/21/07		1,452		1,069		1,091		(22	)
New Zealand Dollar		12/27/07		1,447		1,067		1,087		(20	)
New Zealand Dollar		12/31/07		1,439		1,060		1,080		(20	)
Phillippine Peso		10/12/07		110,740		2,458		2,460		(2	)
Phillippine Peso		10/25/07		110,062		2,393		2,444		(51	)
Phillippine Peso		12/14/07		48,804		1,047		1,082		(35	)
Phillippine Peso		12/19/07		48,530		1,070		1,076		(6	)
Phillippine Peso		12/19/07		48,530		1,072		1,076		(4	)
Turkish Lira		10/18/07		1,293		983		1,068		(85	)
Turkish Lira		10/19/07		1,925		1,501		1,590		(89	)
Turkish Lira		10/26/07		1,901		1,442		1,566		(124	)
Turkish Lira		11/06/07		649		493		533		(40	)
Turkish Lira		11/13/07		1,324		990		1,084		(94	)
Turkish Lira		11/13/07		661		500		541		(41	)
Turkish Lira		11/13/07		677		500		554		(54	)
Turkish Lira		11/21/07		1,410		1,007		1,152		(145	)
Turkish Lira		11/28/07		696		510		567		(57	)
Turkish Lira		11/28/07		698		510		569		(59	)
Turkish Lira		12/07/07		695		520		565		(45	)
Turkish Lira		12/12/07		1,387		1,069		1,125		(56	)
Total Short Contracts					$	66,459	$	69,192	$	(2,733	)
Long:
Australian Dollar		12/20/07		1,244		1,055		1,100		45
Australian Dollar		12/24/07		1,229		1,060		1,087		27
Australian Dollar		12/31/07		1,219		1,060		1,077		17
Brazilian Real		10/23/07		1,834		980		999		19
Brazilian Real		11/06/07		1,872		990		1,018		28
Brazilian Real		11/06/07		573		300		312		12
Brazilian Real		11/06/07		379		200		206		6
Brazilian Real		11/06/07		936		495		509		14
Brazilian Real		11/27/07		1,032		515		560		45
Brazilian Real		11/27/07		1,009		505		548		43
Brazilian Real		11/30/07		1,037		520		562		42
Brazilian Real		12/10/07		821		414		445		31
Brazilian Real		12/14/07		2,037		1,055		1,104		49
Brazilian Real		12/24/07		1,983		1,055		1,073		18
Brazilian Real		12/26/07		1,993		1,060		1,079		19
Chilean Peso		11/06/07		515,543		990		1,009		19
Chinese Yuan Renminbi		07/21/08		7,048		975		986		11
Chinese Yuan Renminbi		07/21/08		10,590		1,465		1,482		17
Euro		12/10/07		379		520		541		21
Euro		12/18/07		760		1,055		1,085		30
Hungarian Forint		12/14/07		192,423		1,050		1,090		40
Hungarian Forint		12/18/07		194,742		1,066		1,103		37
Indonesia Rupiah		12/31/07		9,688,400		1,060		1,053		(7	)
Israeli Shekel		10/26/07		4,144		985		1,033		48
Israeli Shekel		10/26/07		2,086		495		520		25
Israeli Shekel		11/06/07		4,273		990		1,065		75

See Notes to Financial Statements.

24

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)

(Unaudited)

Intermediate Bond Fund — concluded

			Contract Amount		Contract				Unrealized
	Delivery		in Local		Value		Market		Appreciation
Currency	Date		Currency		in USD($)		Value($)		(Depreciation)($)
Israeli Shekel		11/08/07		2,149		500		536		36
Israeli Shekel		11/13/07		6,362		1,508		1,586		78
India Rupee		01/25/08		39,646		985		993		8
Japanese Yen		10/23/07		595,729		4,985		5,201		216
Japanese Yen		12/11/07		59,148		525		519		(6	)
Japanese Yen		12/11/07		58,764		525		516		(9	)
Japanese Yen		12/20/07		120,638		1,055		1,061		6
Japanese Yen		12/26/07		119,384		1,055		1,050		(5	)
Korean Won		12/17/07		969,675		1,050		1,064		14
Mexican Nuevo Peso		10/18/07		15,894		1,470		1,452		(18	)
Mexican Nuevo Peso		10/25/07		10,699		985		977		(8	)
Mexican Nuevo Peso		11/23/07		11,291		1,015		1,029		14
Mexican Nuevo Peso		12/11/07		5,853		524		533		9
Malaysian Ringgit		10/16/07		8,264		2,410		2,428		18
Malaysian Ringgit		12/11/07		1,836		525		541		16
Malaysian Ringgit		12/17/07		3,627		1,050		1,069		19
Norwegian Krone		12/13/07		5,963		1,050		1,106		56
Norwegian Krone		12/20/07		5,933		1,055		1,100		45
New Zealand Dollar		11/14/07		1,030		693		777		84
New Zealand Dollar		11/14/07		1,030		694		777		83
New Zealand Dollar		11/23/07		740		513		558		45
New Zealand Dollar		11/30/07		723		504		545		41
New Zealand Dollar		11/30/07		742		518		558		40
New Zealand Dollar		12/07/07		605		413		455		42
New Zealand Dollar		12/10/07		607		416		457		41
New Zealand Dollar		12/11/07		769		530		579		49
New Zealand Dollar		12/21/07		1,452		1,055		1,092		37
New Zealand Dollar		12/27/07		1,447		1,060		1,087		27
New Zealand Dollar		12/31/07		1,439		1,060		1,081		21
Phillippine Peso		10/12/07		110,740		2,410		2,460		50
Phillippine Peso		10/25/07		110,062		2,465		2,444		(21	)
Phillippine Peso		12/14/07		48,804		1,050		1,082		32
Phillippine Peso		12/19/07		97,060		2,110		2,152		42
Russian Rouble		12/26/07		26,601		1,060		1,065		5
Turkish Lira		10/18/07		1,293		980		1,069		89
Turkish Lira		10/19/07		1,925		1,465		1,590		125
Turkish Lira		10/26/07		1,901		1,480		1,566		86
Turkish Lira		11/06/07		649		495		533		38
Turkish Lira		11/13/07		1,330		918		1,090		172
Turkish Lira		11/13/07		1,330		925		1,090		165
Turkish Lira		11/21/07		1,410		1,015		1,152		137
Turkish Lira		11/28/07		1,394		1,026		1,136		110
Turkish Lira		12/07/07		695		520		565		45
Turkish Lira		12/12/07		1,387		1,050		1,125		75
Total Long Contracts					$	70,612	$	73,492	$	2,880

See Notes to Financial Statements.

25

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Investment Grade Bond Fund

	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (2.5%)
Automobile ABS (0.7%)
Daimler Chrysler Auto Trust, Ser 2005-A, Cl A4, 3.740%, 02/08/10		2,568		2,547
Collateralized Loan Obligations ABS (0.7%)
Commercial Industrial Finance Corp., Ser 2006-1BA, Cl B2L, 9.210%, 12/22/20(a)(b)		960		729
Marathon CLO Ltd., Ser 2005-2A, Cl D, 10.288%, 12/20/19(a)(b)		515		412
Muir Grove CLO Ltd., Ser 2007-1A, Cl B, 7.348%, 03/25/20(a)(b)		1,450		1,445
				2,586
Credit Card ABS (0.8%)
Capital One Multi-Asset Execution Trust, Ser 2007-A7, Cl A7, 5.750%, 07/15/20		1,170		1,176
Citibank Credit Card Issuance Trust, Ser 2008-A7, Cl A7, 4.150%, 07/07/17		1,000		922
Discover Card Master Trust, Ser 2007-A1, Cl A1, 5.650%, 03/16/20		942		940
				3,038
Utility ABS (0.3%)
PECO Energy Transition Trust, Ser 2000-A, Cl A4, 7.650%, 03/01/10		839		885
PSE&G Transition Funding LLC, Ser 2001-1, Cl A8, 6.890%, 12/15/17		295		318
				1,203
Total Asset-Backed Securities (Cost $9,295)				9,374
Collateralized Mortgage Obligations (15.9%)
Banc of America Commercial Mortgage, Inc., Ser 2004-4, Cl A3, 4.128%, 07/10/42		2,375		2,340
Banc of America Commercial Mortgage, Inc., Ser 2006-4, Cl A4, 5.634%, 07/10/46		1,675		1,686
Collateralized Mortgage Obligations—continued
Banc of America Commerical Mortgage, Inc., Ser 2006-2, Cl A4, 5.930%, 05/10/45(a)		1,674		1,706
Banc of America Commerical Mortgage, Inc., Ser 2006-3, Cl A4, 5.889%, 07/10/44(a)		2,342		2,399
Bear Stearns Commercial Mortgage Securities, Inc., Ser 2006-PW13, Cl A4, 5.540%, 09/11/41		1,385		1,386
Chase Commercial Mortgage Securities Corp., Ser 2000-3, Cl A2, 7.319%, 10/15/32		1,028		1,082
Citigroup/Deutsche Bank Commercial Mortgage Trust, Ser 2005-CD1, Cl A4, 5.400%, 07/15/44(a)		2,995		2,968
Commercial Mortgage Pass-Through Certificates, Ser 2005-C6, Cl A5A, 5.116%, 06/10/44(a)		3,082		3,012
Countrywide Alternative Loan Trust, Ser 2006-HY12, Cl A5, 6.176%, 08/25/36(a)		3,004		3,047
Countrywide Home Loans, Ser 2004-J1, Cl 1A1, 4.500%, 01/25/19		933		905
GE Capital Commercial Mortgage Corp., Ser 2000-1, Cl A2, 6.496%, 01/15/33		2,159		2,239
GE Capital Commercial Mortgage Corp., Ser 2006-C1, Cl A4, 5.518%, 03/10/44(a)		2,450		2,438
GMAC Commercial Mortgage Securities, Inc., Ser 2003-C2, Cl A1, 4.576%, 05/10/40		2,943		2,921
Greenwich Capital Commercial Funding Corp., Ser 2006-GG7, Cl A4, 6.111%, 07/10/38(a)		2,439		2,515
GS Mortgage Securities Corp. II, Ser 2006-GG6, Cl A2, 5.506%, 04/10/38(a)		4,556		4,606
GS Mortgage Securities Corp. II, Ser 2006-GG8, Cl A4, 5.560%, 11/10/39(a)		1,200		1,201
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2005-LDP4, Cl A4, 4.918%, 10/15/42(a)		701		676

See Notes to Financial Statements.

26

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Investment Grade Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2005-LDP5, Cl A4, 5.345%, 12/15/44(a)		2,115		2,091
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2006-CB15, Cl A4, 5.814%, 06/12/43(a)		1,865		1,901
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2006-CB16, Cl A4, 5.552%, 05/12/45		1,480		1,480
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2006-LDP6, Cl A4, 5.475%, 04/15/43(a)		1,235		1,231
LB-UBS Commercial Mortgage Trust, Ser 2005-C7, Cl A4, 5.197%, 11/15/30(a)		878		862
LB-UBS Commercial Mortgage Trust, Ser 2006-C1, Cl A4, 5.228%, 02/15/31		2,430		2,376
LB-UBS Commercial Mortgage Trust, Ser 2006-C3, Cl A4, 5.661%, 03/15/39(a)		1,340		1,354
Merrill Lynch/Countrywide Commercial Mortgage Trust, Ser 2006-1, Cl A4, 5.607%, 02/12/39(a)		1,860		1,859
Morgan Stanley Capital I, Ser 2006-HQ10, Cl A4, 5.328%, 11/12/41(a)		2,705		2,663
Morgan Stanley Dean Witter Capital 1, Ser 2001-TOP1, Cl A4, 6.660%, 02/15/33		1,890		1,971
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C21, Cl A4, 5.385%, 10/15/44(a)		2,696		2,661
Wachovia Bank Commercial Mortgage Trust, Ser 2006-C23, Cl A4, 5.418%, 01/15/45(a)		2,985		2,961
Washington Mutual Mortgage Pass-Through Certificates, Ser 2003-S7, Cl A1, 4.500%, 08/25/18		530		505
Collateralized Mortgage Obligations—continued
Total Collateralized Mortgage Obligations (Cost $60,453)				61,042
Corporate Bonds (35.3%)
Aerospace/Defense (0.8%)
Boeing Co. (The), 5.125%, 02/15/13		1,650		1,643
United Technologies Corp., 4.875%, 05/01/15		1,430		1,376
				3,019
Airlines (0.7%)
Continental Airlines, Inc., Ser A, 5.983%, 04/19/22		1,425		1,381
Southwest Airlines Co., Ser 07-1, 6.150%, 08/01/22		1,487		1,489
				2,870
Auto Manufacturers (0.5%)
DaimlerChrysler NA Holding Corp., 8.500%, 01/18/31		1,475		1,828
Banks (2.3%)
Bank of America Corp., 7.400%, 01/15/11		3,883		4,132
UBS AG Stamford, 5.350%, 07/23/09(a)		2,450		2,448
Wachovia Corp., 5.300%, 10/15/11		2,280		2,291
				8,871
Beverages (1.1%)
Anheuser-Busch Cos., Inc., 6.450%, 09/01/37		1,904		1,979
SABMiller PLC, 6.200%, 07/01/11(c)		2,155		2,226
				4,205
Building Materials (0.5%)
Lafarge SA, 6.150%, 07/15/11		1,155		1,178
Martin Marietta Materials, Inc., 6.250%, 05/01/37		975		920
				2,098
Chemicals (0.4%)
Potash Corp. of Saskatchewan, Inc., 5.875%, 12/01/36		1,585		1,448
Commercial Services (0.8%)
Caterpillar Financial Services Corp., Ser F, 5.850%, 09/01/17		716		723

See Notes to Financial Statements.

27

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Investment Grade Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Commercial Services—continued
ERAC USA Finance Co., 5.600%, 05/01/15(c)		1,335		1,291
Xerox Corp., 5.500%, 05/15/12		1,055		1,045
				3,059
Computers (0.5%)
Dell, Inc., 7.100%, 04/15/28		515		547
IBM Corp., 5.700%, 09/14/17		910		915
IBM Corp., 5.875%, 11/29/32(d)		395		388
				1,850
Diversified Financial Services (8.5%)
ABX Financing Co., 6.350%, 10/15/36(c)		1,015		984
American Express Co., 6.150%, 08/28/17		1,381		1,394
CIT Group, Inc., 5.600%, 04/27/11		1,705		1,661
Citigroup, Inc., 5.125%, 05/05/14		715		696
Citigroup, Inc., 6.000%, 08/15/17		724		741
Citigroup, Inc., 5.850%, 12/11/34		630		608
Credit Suisse (USA), Inc., 6.500%, 01/15/12		805		841
Fund American Cos., Inc., 5.875%, 05/15/13		2,610		2,573
General Electric Capital Corp., 6.150%, 08/07/37		1,781		1,828
Goldman Sachs Group, Inc. (The), 4.750%, 07/15/13		2,390		2,281
HSBC Holdings PLC, 7.625%, 05/17/32		900		1,011
International Lease Finance Corp., Ser Q, 5.250%, 01/10/13		790		773
International Lease Finance Corp., Ser R, 5.625%, 09/15/10		1,601		1,594
International Lease Finance Corp., Ser R, 5.625%, 09/20/13		530		525
Janus Capital Group, Inc., 5.875%, 09/15/11		910		907
Jefferies Group, Inc., 6.450%, 06/08/27		1,220		1,146
JPMorgan Chase & Co., 6.625%, 03/15/12		3,197		3,356
Lazard Group LLC, 7.125%, 05/15/15		2,705		2,732
Diversified Financial Services—continued
Merrill Lynch & Co., Inc., 5.770%, 07/25/11		2,430		2,461
Merrill Lynch & Co., Inc., 6.050%, 08/15/12		2,769		2,839
Morgan Stanley, 5.300%, 03/01/13		1,755		1,727
				32,678
Electric (4.8%)
CenterPoint Energy, Inc., Ser A-4, 5.170%, 08/01/19		1,353		1,347
Duke Energy Carolinas LLC, 6.100%, 06/01/37		2,910		2,856
Enel Finance International, 6.800%, 09/15/37(c)		1,741		1,773
Exelon Generation Co. LLC, 6.200%, 10/01/17		1,676		1,677
Florida Power Corp., 6.350%, 09/15/37		446		455
MidAmerican Energy Holdings Co., 6.125%, 04/01/36		1,515		1,471
Nevada Power Co., Ser L, 5.875%, 01/15/15		530		518
Nevada Power Co., Ser R, 6.750%, 07/01/37		1,130		1,136
Oncor Electric Delivery Co., 7.000%, 05/01/32		995		1,002
Pacific Gas & Electric Co., 6.050%, 03/01/34(d)		1,660		1,630
Public Service Colorado, Ser 17, 6.250%, 09/01/37		907		921
Union Electric Co., 5.400%, 02/01/16		830		793
Virginia Electric & Power Co., Ser A, 6.000%, 05/15/37		1,995		1,908
Wisconsin Power & Light Co., 6.375%, 08/15/37		922		939
				18,426
Insurance (1.1%)
American International Group, Ser G, 5.600%, 10/18/16		2,840		2,803
Metlife, Inc., 5.700%, 06/15/35		340		314
Travelers Cos., Inc. (The), 5.375%, 06/15/12		1,120		1,131
				4,248

See Notes to Financial Statements.

28

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Investment Grade Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Machinery Diversified (0.1%)
Caterpillar, Inc., 6.050%, 08/15/36		295		295
Media (1.5%)
News America Holdings, Inc., 6.200%, 12/15/34		790		744
Time Warner Cable, Inc., 5.850%, 05/01/17		4,140		4,025
Time Warner, Inc., 6.500%, 11/15/36(d)		975		940
				5,709
Miscellaneous Manufacturer (2.1%)
General Electric Co., 5.000%, 02/01/13		4,270		4,233
Kimberly-Clark Corp., 6.125%, 08/01/17		2,486		2,560
Siemens Financierings NV, 6.125%, 08/17/26(c)		1,170		1,175
				7,968
Oil & Gas (1.5%)
Apache Corp., 6.000%, 01/15/37		955		919
ConocoPhillips, 5.900%, 10/15/32		700		687
Enterprise Products Operating LP, Ser B, 5.750%, 03/01/35		1,155		1,026
Weatherford International, Inc., 6.500%, 08/01/36		1,065		1,049
Western Oil Sands, Inc., 8.375%, 05/01/12		1,773		1,957
				5,638
Pharmaceuticals (2.2%)
AstraZeneca PLC, 6.450%, 09/15/37		2,826		2,930
Johnson & Johnson, 5.550%, 08/15/17		2,510		2,550
Merck & Co., Inc., 5.125%, 11/15/11		1,125		1,134
Schering-Plough Corp., 6.550%, 09/15/37		1,376		1,404
Teva Pharmaceutical Finance LLC, 6.150%, 02/01/36		715		679
				8,697
Pipelines (1.2%)
Centerpoint Energy Resources Corp., Ser B, 7.875%, 04/01/13		1,385		1,513
Colonial Pipeline Co., 6.375%, 08/01/37(c)		1,953		1,952
El Paso Natural Gas Co., 5.950%, 04/15/17(c)		650		635
Southern Natural Gas Co., 5.900%, 04/01/17(c)		535		521
				4,621
Retail (1.6%)
JC Penney Corp., Inc., 5.750%, 02/15/18		330		317
Wal-Mart Stores, Inc., 5.250%, 09/01/35		575		504
Wal-Mart Stores, Inc., 6.500%, 08/15/37		5,239		5,437
				6,258
Software (0.1%)
Intuit, Inc., 5.750%, 03/15/17		430		410
Telecommunication Services (3.0%)
AT&T, Inc., 5.100%, 09/15/14		1,800		1,742
AT&T, Inc., 6.450%, 06/15/34		1,100		1,116
Cisco Systems, Inc., 5.500%, 02/22/16		2,225		2,210
Comcast Corp., 6.450%, 03/15/37(d)		995		982
Rogers Wireless, Inc., 7.500%, 03/15/15		1,035		1,109
Verizon Communications, Inc., 5.550%, 02/15/16		1,555		1,540
Vodafone Group PLC, 5.500%, 06/15/11(d)		2,865		2,872
				11,571
Total Corporate Bonds (Cost $136,063)				135,767
U.S. Government Agencies (2.0%)
Fannie Mae (0.4%)
3.250%, 02/15/09		1,000		984
5.125%, 01/02/14		500		505
				1,489

See Notes to Financial Statements.

29

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Investment Grade Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
U.S. Government Agencies—continued
Federal Home Loan Bank (1.4%)
4.989%, 03/03/08(a)		2,500		2,499
5.040%, 03/24/08, Callable 12/24/07 @100 (a)		2,000		1,991
5.000%, 05/08/18, Callable 11/08/07 @100		1,000		992
				5,482
Freddie Mac (0.2%)
4.050%, 11/17/09		700		695
Total U.S. Government Agencies (Cost $7,666)				7,666
U.S. Government Agency Mortgages (8.5%)
Fannie Mae (2.6%)
5.000%, 07/25/24		1,121		1,120
5.000%, 01/25/34		1,150		1,079
5.500%, 02/01/35		1,466		1,441
5.500%, 01/25/36		1,021		991
5.397%, 06/25/36		3,322		3,341
5.713%, 05/01/37(a)		2,044		2,062
				10,034
Freddie Mac (5.8%)
5.000%, 09/15/18		893		890
5.000%, 08/15/25		1,436		1,437
5.500%, 07/15/27		1,980		1,993
5.500%, 11/15/28		3,543		3,565
5.500%, 05/15/29		3,699		3,723
5.500%, 01/15/30		5,824		5,861
5.500%, 07/15/36		1,870		1,823
5.000%, 07/15/37		2,923		2,874
				22,166
Government National Mortgage Association (0.1%)
7.000%, 04/15/13		167		173
7.000%, 08/15/14		103		106
7.000%, 05/15/31		56		58
				337
Total U.S. Government Agency
Mortgages (Cost $32,093)				32,537
U.S. Treasury Obligations (34.2%)
U.S. Treasury Bond (1.1%)
4.750%, 02/15/37		4,443		4,381
U.S. Treasury Notes (33.1%)
4.750%, 02/15/10		22,064		22,440
4.000%, 04/15/10		42,790		42,792
U.S. Treasury Notes—(continued)
4.250%, 10/15/10		13,681		13,768
4.500%, 04/30/12		26,968		27,299
4.125%, 08/31/12		20,429		20,346
4.750%, 08/15/17		502		509
				127,154
Total U.S. Treasury Obligations (Cost $129,660)				131,535
Short-Term Investment (25.1%)
Credit Suisse Flagship Fund (USA) LLC(e)		96,666,439		96,666
Total Short-Term Investment (Cost $96,666)				96,666
Money Market Fund (0.6%)
STI Classic Institutional Cash Management Money Market Fund(f)		2,462,072		2,462
Total Money Market Fund (Cost $2,462)				2,462
Total Investments (Cost $474,358) (g) — 124.1%				477,049
Liabilities in excess of other assets (24.1)%				(92,656	)
Net Assets 100.0%			$	384,393

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid securities held by the Fund as of September 30, 2007 are identified below (in thousands):

Security	Acquisition		Cost		Par		Value		Percent of
Description	Date		($)		($)		($)		Net Assets(%)
Commercial Industrial Finance Corp.		07/20/07		683		960		729		0.19
Marathon CLO Ltd.		07/19/07		412		515		412		0.11
Muir Grove CLO Ltd.		09/25/07		1,445		1,450		1,445		0.37

(c)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 3.79% of net assets as of September 30, 2007.
(d)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $93,240.
(e)	This security was purchased with cash collateral held from securities lending.

See Notes to Financial Statements.

30

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)

(Unaudited)

Investment Grade Bond Fund — continued

(f)	Affiliate investment.
(g)	Cost for federal income tax purposes is $475,674 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	3,156
Unrealized Depreciation		(1,781	)
Unrealized Appreciation	$	1,375

Cl	— Class
LLC	— Limited Liability Company
LP	— Limited Partnership
PLC	— Public Limited Company

At September 30, 2007, liquid assets totaling $60,856, in thousands have been designated as collateral for open swap agreements.

Credit Default Swap Agreements

		Notional			Fixed		Expiration
Underlying Instrument	Counterparty	Amount($)			Rate(%)		Date		Value($)
Dow Jones CDX Indices; Series 7	Merrill Lynch		4,475			0.59		12/20/16		30
Dow Jones CDX Indices; Series 7	Bank of America		2,220			0.60		06/20/17		74
Dow Jones CDX Indices; Series 7	Credit Suisse First Boston		1,140			0.65		12/20/16		21
Dow Jones CDX Indices; Series 7	Merrill Lynch		645			0.60		06/20/17		23
North America High Yield Index; Series 8	Merrill Lynch		1,912			2.75		06/20/12		(146	)
Bear Stearns Cos., Inc. (The)	Bank of America		(740	)		1.29		09/20/17		(24	)
Brunswick Corp.	Merrill Lynch		(740	)		1.15		03/20/17		(1	)
Carnival Corp.	J.P. Morgan		(645	)		0.70		09/20/17		(6	)
Centex Corp.	Credit Suisse First Boston		(740	)		2.65		09/20/17		15
Dow Chemical Co.	Barclays Bank PLC		(740	)		0.67		09/20/17		(10	)
Gannett Co.	Citibank N.A.		(740	)		0.81		06/20/17		7
IStar Financial, Inc.	Citibank N.A.		(740	)		0.70		03/20/17		71
MBIA, Inc.	Credit Suisse First Boston		(705	)		0.88		09/20/17		14
MBIA, Inc.	Bank of America		(740	)		1.35		09/20/17		(11	)
Wells Fargo & Co.	J.P. Morgan		(740	)		0.22		06/20/17		5
Weyerhaeuser Co.	Citibank N.A.		(740	)		1.05		03/20/17		—
Yum Brands, Inc.	Barclays Bank PLC		(740	)		1.06		09/20/17		(21	)
										41

See Notes to Financial Statements.

31

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)

(Unaudited)

Investment Grade Bond Fund — continued

At September 30, 2007 the Fund’s foreign currency exchange contracts were as follows:

			Contract
			Amount		Contract				Unrealized
	Delivery		in Local		Value		Market		Appreciation
Currency	Date		Currency		in USD($)		Value($)		(Depreciation)($)
Short:
Australian Dollar		12/20/07		932		801		824		(23	)
Australian Dollar		12/24/07		915		785		808		(23	)
Australian Dollar		12/31/07		897		780		792		(12	)
Brazilian Real		10/23/07		1,459		752		795		(43	)
Brazilian Real		11/05/07		1,466		775		798		(23	)
Brazilian Real		11/06/07		2,955		1,530		1,608		(78	)
Brazilian Real		11/27/07		790		400		429		(29	)
Brazilian Real		11/27/07		791		399		429		(30	)
Brazilian Real		11/30/07		795		395		431		(36	)
Brazilian Real		12/10/07		624		315		338		(23	)
Brazilian Real		12/14/07		1,535		796		832		(36	)
Brazilian Real		12/24/07		1,475		784		799		(15	)
Chilean Peso		11/06/07		406,185		779		795		(16	)
Chinese Yuan Renminbi		07/21/08		5,639		782		789		(7	)
Chinese Yuan Renminbi		07/21/08		8,458		1,173		1,183		(10	)
Euro		12/10/07		288		398		411		(13	)
Euro		12/18/07		569		803		812		(9	)
Hungarian Forint		12/14/07		145,692		790		825		(35	)
Hungarian Forint		12/18/07		145,826		790		826		(36	)
Israeli Shekel		10/26/07		4,925		1,150		1,227		(77	)
Israeli Shekel		11/06/07		3,367		783		839		(56	)
Israeli Shekel		11/08/07		1,676		391		418		(27	)
Israeli Shekel		11/13/07		3,309		775		825		(50	)
Israeli Shekel		11/13/07		1,665		390		415		(25	)
India Rupee		01/25/08		31,395		764		786		(22	)
Japanese Yen		10/23/07		473,806		3,925		4,136		(211	)
Japanese Yen		12/11/07		88,715		790		779		11
Japanese Yen		12/20/07		90,336		788		794		(6	)
Japanese Yen		12/26/07		88,831		776		782		(6	)
Korean Won		12/17/07		729,565		787		801		(14	)
Mexican Nuevo Peso		10/18/07		12,758		1,177		1,165		12
Mexican Nuevo Peso		10/25/07		8,472		771		773		(2	)
Mexican Nuevo Peso		11/23/07		8,788		788		801		(13	)
Mexican Nuevo Peso		12/11/07		4,404		395		401		(6	)
Malaysian Ringgit		10/16/07		6,704		1,941		1,970		(29	)
Malaysian Ringgit		12/11/07		1,382		395		407		(12	)
Malaysian Ringgit		12/17/07		2,729		787		804		(17	)
Norwegian Krone		12/13/07		4,515		800		837		(37	)
New Zealand Dollar		11/14/07		531		390		401		(11	)
New Zealand Dollar		11/14/07		527		390		397		(7	)
New Zealand Dollar		11/14/07		549		390		414		(24	)
New Zealand Dollar		11/23/07		574		395		432		(37	)
New Zealand Dollar		11/30/07		560		395		422		(27	)
New Zealand Dollar		11/30/07		569		395		429		(34	)
New Zealand Dollar		12/07/07		459		315		345		(30	)
New Zealand Dollar		12/10/07		461		315		347		(32	)
New Zealand Dollar		12/11/07		579		395		435		(40	)
New Zealand Dollar		12/21/07		1,088		801		818		(17	)
New Zealand Dollar		12/27/07		1,064		785		799		(14	)
New Zealand Dollar		12/31/07		1,059		780		795		(15	)
Phillippine Peso		10/12/07		89,832		1,994		1,996		(2	)
Phillippine Peso		10/25/07		87,291		1,897		1,938		(41	)
Phillippine Peso		12/14/07		36,719		788		814		(26	)
Phillippine Peso		12/19/07		36,340		801		805		(4	)
Phillippine Peso		12/19/07		36,340		803		806		(3	)
Turkish Lira		10/18/07		1,036		788		856		(68	)
Turkish Lira		10/19/07		1,537		1,199		1,270		(71	)
Turkish Lira		10/26/07		1,503		1,140		1,238		(98	)
Turkish Lira		11/06/07		511		388		420		(32	)
Turkish Lira		11/13/07		1,036		775		849		(74	)
Turkish Lira		11/13/07		515		390		422		(32	)
Turkish Lira		11/14/07		528		390		432		(42	)
Turkish Lira		11/21/07		1,098		784		897		(113	)
Turkish Lira		11/21/07		1,098		784		897		(113	)
Turkish Lira		11/28/07		539		395		439		(44	)
Turkish Lira		11/28/07		541		395		441		(46	)
Turkish Lira		12/07/07		528		395		429		(34	)
Turkish Lira		12/12/07		1,044		804		847		(43	)
Total Short Contracts					$	53,056	$	55,314	$	(2,258	)
Long:
Australian Dollar		12/20/07		932		790		824		34
Australian Dollar		12/24/07		915		788		808		20
Australian Dollar		12/31/07		897		780		792		12
Brazilian Real		10/23/07		1,459		780		795		15
Brazilian Real		11/05/07		1,466		775		798		23
Brazilian Real		11/06/07		1,475		780		802		22
Brazilian Real		11/06/07		449		235		244		9
Brazilian Real		11/06/07		294		155		160		5
Brazilian Real		11/06/07		737		390		401		11
Brazilian Real		11/27/07		790		395		428		33
Brazilian Real		11/27/07		791		395		430		35
Brazilian Real		11/30/07		795		399		431		32
Brazilian Real		12/10/07		624		315		338		23
Brazilian Real		12/14/07		1,535		795		832		37
Brazilian Real		12/24/07		1,475		785		799		14
Brazilian Real		12/26/07		1,467		780		794		14
Chilean Peso		11/06/07		406,185		780		795		15
Chinese Yuan Renminbi		07/21/08		5,639		780		789		9
Chinese Yuan Renminbi		07/21/08		8,458		1,170		1,184		14
Euro		12/10/07		288		395		411		16
Euro		12/18/07		569		790		812		22
Hungarian Forint		12/14/07		145,692		795		825		30
Hungarian Forint		12/18/07		145,826		798		825		27
Indonesia Rupiah		12/31/07		7,129,200		780		775		(5	)
Israeli Shekel		10/26/07		3,282		780		818		38

See Notes to Financial Statements.

32

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)

(Unaudited)

Investment Grade Bond Fund — concluded

			Contract
			Amount		Contract				Unrealized
	Delivery		in Local		Value		Market		Appreciation
Currency	Date		Currency		in USD($)		Value($)		(Depreciation)($)
Israeli Shekel		10/26/07		1,643		390		410		20
Israeli Shekel		11/06/07		3,367		780		839		59
Israeli Shekel		11/08/07		1,676		390		418		28
Israeli Shekel		11/13/07		4,974		1,179		1,240		61
India Rupee		01/25/08		31,395		780		786		6
Japanese Yen		10/23/07		473,806		3,965		4,137		172
Japanese Yen		12/11/07		44,502		395		391		(4	)
Japanese Yen		12/11/07		44,213		395		388		(7	)
Japanese Yen		12/20/07		90,336		790		794		4
Japanese Yen		12/26/07		88,831		785		782		(3	)
Korean Won		12/17/07		729,565		790		801		11
Mexican Nuevo Peso		10/18/07		12,758		1,180		1,165		(15	)
Mexican Nuevo Peso		10/25/07		8,472		780		774		(6	)
Mexican Nuevo Peso		11/23/07		8,788		790		801		11
Mexican Nuevo Peso		12/11/07		4,404		394		401		7
Malaysian Ringgit		10/16/07		6,704		1,955		1,970		15
Malaysian Ringgit		12/11/07		1,382		395		407		12
Malaysian Ringgit		12/17/07		2,729		790		804		14
Norwegian Krone		12/13/07		4,515		795		837		42
Norwegian Krone		12/20/07		4,443		790		824		34
New Zealand Dollar		11/14/07		804		541		606		65
New Zealand Dollar		11/14/07		804		541		606		65
New Zealand Dollar		11/23/07		936		649		706		57
New Zealand Dollar		11/23/07		574		397		432		35
New Zealand Dollar		11/30/07		560		391		422		31
New Zealand Dollar		11/30/07		569		398		429		31
New Zealand Dollar		12/07/07		459		313		345		32
New Zealand Dollar		12/10/07		461		316		347		31
New Zealand Dollar		12/11/07		579		398		435		37
New Zealand Dollar		12/21/07		1,088		790		818		28
New Zealand Dollar		12/27/07		1,064		780		800		20
New Zealand Dollar		12/31/07		1,059		780		795		15
Phillippine Peso		10/12/07		89,832		1,955		1,996		41
Phillippine Peso		10/25/07		87,291		1,955		1,938		(17	)
Phillippine Peso		12/14/07		36,719		790		814		24
Phillippine Peso		12/19/07		72,680		1,580		1,611		31
Russian Rouble		12/26/07		19,574		780		784		4
Turkish Lira		10/18/07		1,036		785		856		71
Turkish Lira		10/19/07		1,537		1,170		1,270		100
Turkish Lira		10/26/07		1,503		1,170		1,238		68
Turkish Lira		11/06/07		511		390		420		30
Turkish Lira		11/13/07		1,040		717		852		135
Turkish Lira		11/13/07		1,040		723		852		129
Turkish Lira		11/21/07		1,098		790		897		107
Turkish Lira		11/28/07		1,080		795		880		85
Turkish Lira		12/07/07		528		395		429		34
Turkish Lira		12/12/07		1,044		790		847		57
Total Long Contracts					$	55,992	$	58,304	$	2,312

See Notes to Financial Statements.

33

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Investment Grade Tax–Exempt Bond Fund

	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (98.2%)
Alabama (3.8%)
Alabama Public School & College Authority, Capital Improvements, Ser C, RB, 5.750%, 07/01/17, Callable 07/01/09 @ 101.50		3,950		4,145
Alabama Water Pollution Control Authority, RB, 5.750%, 08/15/12, Callable 08/15/09 @ 100, AMBAC		5,205		5,405
Auburn University, Ser A, RB, 6.000%, 06/01/16, Callable 06/01/11 @ 100, MBIA		4,060		4,384
Huntsville, Ser A, GO, 5.625%, 05/01/16, Callable 05/01/12 @ 102		2,375		2,603
Huntsville, Ser A, GO, 5.750%, 05/01/19, Callable 05/01/12 @ 102		2,800		3,080
				19,617
Arizona (0.7%)
Arizona Water Infrastructure Finance Authority, Water Quality, Ser A, RB, 5.625%, 10/01/12, Callable 10/01/09 @ 101		3,280		3,437
California (5.5%)
California State Department of Water Resources Power Supply, Ser A, RB, 5.500%, 05/01/14, Callable 05/01/12 @ 101, AMBAC		3,140		3,417
California State Department of Water Resources Power Supply, Ser A, RB, 5.500%, 05/01/15, Callable 05/01/12 @ 101, AMBAC		5,800		6,299
California State, Department of Water Resources Power Supply, Ser A, RB, 6.000%, 05/01/14, Callable 05/01/12 @ 101		2,950		3,257
California State, GO, 5.500%, 11/01/33, Callable 11/01/13 @ 100		11,000		11,646
Fresno Unified School District, Ser A, GO, 6.550%, 08/01/20, Callable 02/01/13 @ 103, MBIA		1,000		1,158
California—continued
Orange County, Loma Ridge/Data Center Project, COP, 6.000%, 06/01/21, Prerefunded 06/01/19 @ 100, AMBAC		2,075		2,379
				28,156
Colorado (1.1%)
Douglas County School District No. RE1, Douglas & Ebert Counties, GO, 5.750%, 12/15/20, Callable 12/15/14 @ 100, FGIC		2,540		2,834
Metropolitan Wastewater Reclamation District, RB, 5.450%, 04/01/12, Callable 04/01/08 @ 100		2,570		2,594
				5,428
Florida (8.9%)
Florida State Board of Education, Public Education, Ser J, GO, 5.000%, 06/01/30, Callable 06/01/13 @ 101		5,405		5,546
Florida State Board of Education, Ser A, GO, 5.000%, 01/01/16, Callable 01/01/15 @ 101		2,000		2,156
Florida State Board of Education, Ser C, GO, 5.750%, 06/01/23, Prerefunded 06/01/10 @ 101, FGIC		5,000		5,325
Florida State Department of Transportation, Ser A, GO, 5.000%, 07/01/10		4,100		4,257
Florida State Environmental Protection Preservation, RB, 5.000%, 07/01/12, MBIA		15,310		16,246
Orange County Health Facilities Authority, RB, 5.000%, 01/01/29		6,710		7,207
Tampa, University of Tampa Project, RB, 5.000%, 04/01/28, Callable 04/01/16 @ 100, CIFG		5,000		5,164
				45,901
Georgia (2.9%)
Gwinnett County School District, GO, 5.000%, 02/01/11		14,485		15,159

See Notes to Financial Statements.

34

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Investment Grade Tax–Exempt Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Illinois (9.0%)
Chicago O’Hare International Airport, General Airport Third Lien, Ser A, RB, 5.250%, 01/01/26, Callable 01/01/16 @ 100, MBIA		4,675		4,944
Illinois Municipal Electric Agency Power Supply, RB, 5.250%, 02/01/20, Callable 02/01/17 @ 100, FGIC		5,000		5,422
Illinois Municipal Electric Agency Power Supply, RB, 5.250%, 02/01/21, Callable 02/01/17 @ 100, FGIC		5,420		5,860
Illinois Municipal Electric Agency Power Supply, RB, 5.250%, 02/01/22, Callable 02/01/17 @ 100, FGIC		5,000		5,382
Illinois State Sales Tax, Ser X, RB, 5.500%, 06/15/13, Callable 06/15/08 @ 100.50		3,390		3,429
Illinois State Toll Highway Authority, RB, 5.000%, 01/01/19, Callable 07/01/15 @ 100, FSA		6,400		6,788
Illinois State Toll Highway Authority, Ser A-1, RB, 5.000%, 01/01/20, Callable 07/01/16 @ 100, FSA		2,500		2,654
Illinois State Toll Highway Authority, Ser A-1, RB, 5.000%, 01/01/26, Callable 07/01/16 @ 100, FSA		2,500		2,613
Illinois State, First Ser, GO, 5.375%, 12/01/15, Callable 12/01/12 @ 100, FSA		8,600		9,276
				46,368
Indiana (1.3%)
Indiana Bond Bank, State Funding Program, Ser B, RB, 5.000%, 02/01/18		6,320		6,828
Kansas (1.0%)
Lenexa, Refunding & Improvements, Ser A, GO, 5.000%, 09/01/09, FSA		5,115		5,261
Maryland (6.0%)
Anne Arundel County, General Improvement, GO, 5.000%, 03/01/14		2,000		2,160
Maryland State & Local Facilities, Second Ser, GO, 5.000%, 08/01/18, Callable 08/01/13 @ 100		7,005		7,426
Maryland State Health & Higher Educational Facilities Authority, Ser D, RB, 3.840%, 01/01/29, LOC: Bank of America N.A. (a)		15,815		15,815
Montgomery County, Public Improvement, Ser A, GO, 5.000%, 05/01/15		5,000		5,442
				30,843
Massachusetts (4.3%)
Massachusetts State, Consolidated Lien, Ser A, GO, 5.000%, 03/01/21, Prerefunded 03/01/15 @ 100		4,000		4,331
Massachusetts State, Consolidated Lien, Ser C, GO, 5.250%, 09/01/23, Prerefunded 09/01/15 @ 100		5,710		6,304
Massachusetts State, Consolidation Lien, Ser A, GO, 5.000%, 03/01/23, Prerefunded 03/01/15 @ 100, FSA		5,000		5,414
Massachusetts State, Special Obligation, Ser A, RB, 5.500%, 06/01/15, FGIC		5,400		6,033
				22,082
Michigan (5.5%)
Detroit Michigan Sewage Disposal, RB, 5.000%, 07/01/28, Callable 07/01/13 @ 100, FSA		8,000		8,569
Michigan Municipal Bond Authority, Clean Water State Revolving Fund, RB, 5.375%, 10/01/17, Callable 10/01/12 @ 100		3,300		3,535
Michigan State, RB, 5.250%, 09/15/20, Callable 09/15/17 @ 100, FSA		15,000		16,386
				28,490
Minnesota (3.7%)
Minnesota State Highway, GO, 5.000%, 08/01/16		17,260		18,867

See Notes to Financial Statements.

35

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Investment Grade Tax–Exempt Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Missouri (5.6%)
Missouri State Highways & Transportation Commission, RB, 5.000%, 02/01/15		4,750		5,137
Missouri State Highways & Transportation Commission, RB, 5.000%, 02/01/18		21,855		23,785
				28,922
Nevada (1.9%)
Clark County Airport, Sub Lien, Ser A-1, RB, AMT, 5.000%, 07/01/14, AMBAC		7,295		7,732
Clark County Airport, Sub Lien, Ser A-1, RB, AMT, 5.000%, 07/01/12, AMBAC		2,000		2,101
				9,833
New Jersey (4.7%)
Garden State Preservation Trust, Open Space & Farmland Preservation, Ser A, RB, 5.800%, 11/01/20, Callable 11/01/15 @100, FSA		10,000		11,341
Newark Housing Authority Port, RB, 5.000%, 01/01/37, MBIA		3,250		3,492
Tobacco Settlement Financing Corp., RB, 6.250%, 06/01/43, Prerefunded 06/01/13 @ 100		8,335		9,409
				24,242
New Mexico (1.1%)
New Mexico Finance Authority State Transportation, RB, 5.000%, 06/15/11, AMBAC		5,500		5,779
New York (5.9%)
Buffalo School Improvements, Ser D, GO, 5.500%, 12/15/14, Callable 12/15/11 @ 100, FGIC		1,075		1,154
New York City, Ser C, GO, 5.000%, 01/01/14		2,500		2,674
New York Local Government Assistance Corp., RB, 5.000%, 04/01/11		10,000		10,474
Tobacco Settlement Financing Corp., Ser A1, RB, 5.250%, 06/01/13, Callable 06/01/08 @ 100		10,000		10,091
Tobacco Settlement Financing Corp., Ser A1, RB, 5.500%, 06/01/14, Callable 06/01/09 @ 100		3,750		3,849
New York—continued
Tobacco Settlement Financing Corp., Ser C1, RB, 5.250%, 06/01/12, Callable 06/01/08 @ 100		1,995		1,998
				30,240
North Carolina (3.9%)
Charlotte-Mecklenburg Hospital Authority, RB, 5.000%, 01/15/15, MBIA		3,650		3,907
Charlotte-Mecklenburg Hospital Authority, RB, 5.000%, 01/15/17, MBIA		4,000		4,282
Mecklenburg County, Ser C, GO, 3.870%, 03/01/14, LOC: Bank of America N.A.(a)		4,000		4,000
North Carolina State, Ser B, GO, 5.000%, 04/01/15		7,100		7,718
				19,907
Ohio (1.2%)
Ohio State, GO, 5.000%, 09/15/11		6,000		6,321
Pennsylvania (4.5%)
Easton Area School District, Ser 2006, GO, 7.750%, 04/01/25, Callable 04/01/16 @ 100, FSA		8,790		11,039
Pennsylvania State Projects, First Ser, GO, 5.250%, 02/01/13, MBIA		5,755		6,218
Pennsylvania State, First Ser, GO, 5.000%, 01/01/18, Callable 01/01/13 @ 100, MBIA		5,690		6,063
				23,320
Puerto Rico (3.6%)
Puerto Rico Commonwealth Highway & Transportation Authority, RB, 5.250%, 07/01/15, Callable 07/01/13 @ 100, FGIC		5,000		5,406
Puerto Rico Commonwealth Highway & Transportation Authority, RB, 5.250%, 07/01/17, Callable 07/01/13 @ 100, FGIC		5,260		5,688
Puerto Rico Commonwealth Highway & Transportation Authority, Ser G, RB, 5.250%, 07/01/15, Callable 07/01/13 @ 100, FGIC		2,720		2,941

See Notes to Financial Statements.

36

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Investment Grade Tax–Exempt Bond Fund — concluded

	Shares or
	Principal
	Amount($)		Value($)
Puerto Rico—continued
Puerto Rico Commonwealth Municipal Finance Agency, Ser A, RB, 5.250%, 08/01/14, Callable 08/01/12 @ 100, FSA		4,000		4,285
				18,320
Rhode Island (1.0%)
Rhode Island State Health & Educational Building Corp., Catholic School Project, Ser A, RB, 3.870%, 04/01/36, LOC: Citizens Bank of Rhode Island(a)		5,000		5,000
Tennessee (1.1%)
Shelby County Tennessee, GO, 5.000%, 03/01/14, MBIA		5,260		5,502
Texas (8.9%)
Dallas , GO, 5.000%, 02/15/18, Callable 02/15/15 @ 100		7,175		7,610
Harris County Hospital District, RB, 5.000%, 02/15/21, Callable 02/15/17 @ 100, MBIA		4,255		4,466
Harris County Texas, GO, 5.250%, 10/01/17		5,230		5,687
Irving Waterworks & Sewer, RB, 5.950%, 06/15/19, Callable 06/15/09 @ 100.50		1,460		1,526
North East Independent School District, GO, 5.000%, 08/01/33, MBIA		6,085		6,574
North Harris County Regional Water Authority, RB, 5.250%, 12/15/18, Callable 12/15/14 @ 100, MBIA		2,690		2,902
Texas State Transportation Commission, RB, 5.000%, 04/01/16		11,500		12,439
Texas State Transportation Commission, RB, 5.000%, 04/01/19		4,000		4,332
				45,536
Washington (1.1%)
Pierce County School District No. 10, Tacoma, GO, 5.000%, 12/01/16, Callable 12/01/13 @ 100, FGIC		5,200		5,558
Total Municipal Bonds (Cost $500,523)				504,917
Money Market Funds (6.7%)
Federated Tax-Free Obligations Fund		25,760,577		25,761
SEI Tax Exempt Trust, Institutional Tax Free Fund		8,526,782		8,527
Total Money Market Funds (Cost $34,288)				34,288
Total Investments
(Cost $534,811)(b) — 104.9%				539,205
Liabilities in excess of other assets — (4.9)%				(25,138	)
Net Assets — 100.0%			$	514,067

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Cost for federal income tax purposes is $534,863(amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	5,335
Unrealized Depreciation		(993	)
Unrealized Appreciation	$	4,342

AMBAC	— Security insured by American Municipal Bond Assurance Corporation
AMT	— Alternative Minimum Tax Paper
CIFG	— Security insured by Capitalized Interest Financial Guaranty
COP	— Certificate of Participation
FGIC	— Security insured by Financial Guaranty Insurance Company
FSA	— Security insured by Financial Security Assurance
GO	— General Obligation
LOC	— Letter of Credit
MBIA	— Security insured by Municipal Bond Insurance Association
RB	— Revenue Bond
Ser	— Series

See Notes to Financial Statements.

37

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Limited Duration Fund

	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (81.7%)
Automobile ABS (22.7%)
Capital Auto Receivables Asset Trust, Ser 2007-SN1, CL A4, 5.825%, 02/15/11(a)		1,000		994
Capital One Prime Auto Receivables Trust, Ser 2004-2, Cl A4, 5.813%, 04/15/10(a)		1,208		1,208
Chase Manhattan Auto Owner Trust, Ser 2005-B, Cl A3, 4.840%, 07/15/09		161		160
Daimler Chrysler Master Owner Trust, Ser 2005-A, Cl A, 5.803%, 04/15/10(a)		1,000		999
Ford Credit Auto Owner Trust, Ser 2006-C, Cl A2B, 5.777%, 12/15/09(a)		1,445		1,444
Ford Credit Auto Owner Trust, Ser 2006-C, Cl A4B, 5.793%, 02/15/12(a)		100		99
Harley-Davidson Motorcycle Trust, Ser 2005-4, Cl A1, 4.780%, 11/15/10		168		168
Harley-Davidson Motorcycle Trust, Ser 2007-3, Cl A3, 6.100%, 06/15/12(a)		800		800
Honda Auto Receivables Owner Trust, Ser 2007-3, Cl A4, 6.003%, 01/18/11(a)		1,500		1,476
Hyundai Auto Receivables Trust, Ser 2006-B, Cl A2, 5.250%, 09/15/09		376		376
M&I Auto Loan Trust, Ser 2005-1, Cl A3, 4.739%, 09/21/09		808		806
Nissan Auto Receivables Owner Trust, Ser 2006-B, Cl A2, 5.180%, 08/15/08		18		18
Nissan Master Owner Trust Receivables, Ser 2005-A, Cl A, 5.780%, 07/15/10(a)		1,500		1,496
Triad Auto Receivables Owner Trust, Ser 2006-B, Cl A2, 5.434%, 11/12/09		76		76
Automobile ABS—continued
Volkswagen Credit Auto Master Trust, Ser 2005-1, Cl A, 5.516%, 07/20/10(a)		500		498
				10,618
Credit Card ABS (23.0%)
American Express Credit Account Master Trust, Ser 2003-3, Cl A, 5.863%, 11/15/10(a)		800		800
American Express Credit Account Master Trust, Ser 2005-3, Cl A, 5.753%, 01/18/11(a)		1,140		1,139
Capital One Multi-Asset Execution Trust, Ser 2004-A8, Cl A8, 5.880%, 08/15/14(a)		275		273
Capital One Multi-Asset Execution Trust, Ser 2005-A10, Cl A, 5.833%, 09/15/15(a)		1,500		1,479
Citibank Credit Card Issuance Trust, Ser 2003-A9, Cl A, 5.440%, 11/22/10(a)		1,600		1,598
Citibank Credit Card Issuance Trust, Ser 2004-A7, Cl A7, 5.589%, 11/25/13(a)		300		296
Discover Card Master Trust I, Ser 2004-2, Cl A1, 5.773%, 05/15/10(a)		1,600		1,601
JP Morgan Chase & Co. Credit Card Master Trust, Ser 2003-2, Cl A, 5.860%, 07/15/10(a)		800		800
JP Morgan Chase & Co. Issuance Trust, Ser 2005-A1, Cl A1, 5.763%, 12/15/10(a)		1,175		1,175
MBNA Credit Card Master Note Trust, Ser 2002-A13, Cl A, 5.883%, 05/17/10(a)		1,400		1,401
MBNA Credit Card Master Note Trust, Ser 2006-A5, Cl A5, 5.813%, 10/15/15(a)		200		197
				10,759

See Notes to Financial Statements.

38

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Limited Duration Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services (20.6%)
College Loan Corporation Trust, Ser 2003-2, Cl A3, 5.560%, 07/25/13(a)		2,000		2,000
Collegiate Funding Services Education Loan Trust, Ser 2005-A, Cl A2, 5.450%, 12/28/21(a)		1,547		1,550
Nelnet Student Loan Trust, Ser 2003-2, Cl A4, 5.560%, 07/25/22(a)		363		363
Nelnet Student Loan Trust, Ser 2005-3, Cl A, 5.260%, 06/22/17(a)		2,000		2,004
SLC Student Loan Trust, Ser 2006-1, Cl A3, 5.720%, 09/15/17(a)		2,000		1,995
SLM Student Loan Trust, Ser 2003-6, Cl A4, 5.894%, 12/17/18(a)		712		715
SLM Student Loan Trust, Ser 2004-8, Cl A3, 5.450%, 07/27/15(a)		982		983
				9,610
Equipment (1.3%)
CNH Equipment Trust, Ser 2006-A, Cl A2, 5.180%, 11/17/08		598		599
Home Equity ABS (7.9%)
Aames Mortgage Investment Trust, Ser 2005-2, Cl 1A2, 5.351%, 07/25/35(a)		312		312
Countrywide Asset-Backed Certificates, Ser 2005-13, Cl AF1, 5.261%, 04/25/36(a)		253		253
Countrywide Home Equity Loan Trust, Ser 2003-C, CL A, 6.023%, 05/15/29(a)		139		137
Countrywide Home Equity Loan Trust, Ser 2006-C, Cl 2A, 5.933%, 05/15/36(a)		739		726
Countrywide Home Equity Loan Trust, Ser 2006-E, Cl 2A, 5.893%, 11/29/31(a)		454		446
Guarantor Trust, Ser 2002-T10, Cl A1, 5.371%, 06/25/32(a)		815		815
Home Equity ABS—continued
Novastar Home Equity Loan, Ser 2006-1, Cl A2A, 5.191%, 05/25/36(a)		596		596
Residential Asset Securities Corporation, Ser 2005-KS12, Cl A1, 5.221%, 01/25/36(a)		413		413
				3,698
Utilities (6.2%)
Connecticut RRB Special Purpose Trust CL&P-1, Ser 2001-1, Cl A4, 5.670%, 12/30/10(a)		1,920		1,906
PECO Energy Transition Trust, Ser 1999-A, Cl A7, 6.130%, 03/01/09		962		969
				2,875
Total Asset-Backed Securities (Cost $38,181)				38,159
Collateralized Mortgage Obligations (13.3%)
Fannie Mae, Ser 2001-61, Cl FM, 5.864%, 10/18/16(a)		651		651
Fremont Home Loan Trust, Ser 2005-B, Cl 2A2, 5.331%, 04/25/35(a)		32		32
Granite Mortgages PLC, Ser 2003-1, Cl 1A3, 5.667%, 01/20/20(a)(b)		248		248
Holmes Financing PLC, Ser 6, Cl 4A1, 5.600%, 10/15/09(a)		325		325
Impac CMB Trust, Ser 2004-7, Cl 1A1, 5.501%, 11/25/34(a)		827		827
Medallion Trust, Ser 2000-2G, 5.846%, 12/18/31(a)		1,297		1,288
Permanent Master Issuer PLC, Ser 2006-1, Cl 1A, 5.730%, 10/15/07(a)		1,700		1,700
Superannuation Members Home Loans Global Fund, Ser 3A, Cl A, 5.800%, 12/01/28(a)		517		517

See Notes to Financial Statements.

39

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Limited Duration Fund — concluded

	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued
Superannuation Members Home Loans Global Fund, Ser 4A, Cl A, 5.580%, 10/09/29(a)		637		637
				6,225
Total Collateralized Mortgage Obligations (Cost $6,222)				6,225
Money Market Fund (4.8%)
STI Classic Institutional Cash Management Money Market Fund(d)		2,232,911		2,233
Total Money Market Fund (Cost $2,233)				2,233
Total Investments (Cost $46,636)(c) — 99.8%				46,617
Other assets in excess of liabilities — 0.2%				103
Net Assets — 100.0%			$	46,720

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 5.3% of net assets as of September 30, 2007.
(c)	Cost for federal income tax purposes is $46,640 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	65
Unrealized Depreciation		(88	)
Unrealized Depreciation	$	(23	)

(d)	Affiliate investment.
Cl	— Class
PLC	— Public Limited Company
Ser	— Series

See Notes to Financial Statements.

40

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Limited–Term Federal Mortgage Securities Fund

	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations (13.6%)
Bear Stearns ALT-A Trust, Ser 2006-6, Cl 2A1, 5.940%, 11/25/36(a)(c)		2,935		2,870
Citicorp Mortgage Securities, Inc., Ser 2006-2, Cl 1A7, 5.831%, 04/25/36		2,050		2,061
First Horizon Alternative Mortgage Securities, Ser 2006-AA4, Cl 2A1, 6.281%, 07/25/36(a)		8,804		8,893
Master Adjustable Rate Mortgages Trust, Ser 2003-2, Cl 4A1, 4.975%, 07/25/33(a)		2,089		2,071
RACC, Ser 2004-SP2, Cl A1, 6.022%, 01/25/17(a)		2,689		2,713
Total Collateralized Mortgage Obligations (Cost $18,559)				18,608
U.S. Government Agency Mortgages (82.0%)
Fannie Mae (67.1%)
5.500%, 07/01/12		570		574
5.500%, 01/01/13		967		975
6.000%, 05/01/15		1,751		1,793
5.000%, 06/01/15		588		587
5.000%, 06/01/16		6,374		6,365
6.000%, 09/01/16		4,072		4,133
6.500%, 10/01/16		693		711
5.500%, 12/01/16		2,398		2,402
6.500%, 05/01/17		1,129		1,153
6.000%, 10/01/17		882		895
6.000%, 10/01/17		2,667		2,708
6.000%, 06/01/19		1,812		1,837
5.500%, 11/25/26		10,056		10,090
5.500%, 12/25/28		8,290		8,325
5.500%, 10/25/30		10,221		10,240
7.000%, 05/01/32		3,733		3,887
6.500%, 12/01/32		2,596		2,659
5.475%, 07/01/34(a)		3,161		3,227
5.284%, 11/01/35(a)		7,368		7,304
6.500%, 10/14/36(a)		3,000		3,037
5.632%, 12/01/36(a)		6,571		6,589
7.000%, 04/01/37		11,755		12,133
				91,624
Freddie Mac (13.4%)
6.000%, 01/01/17		3,755		3,811
6.500%, 02/01/17		1,660		1,703
Freddie Mac—continued
	Shares or
	Principal
	Amount($)		Value($)
5.500%, 05/01/17		3,275		3,278
6.500%, 01/01/22		9,286		9,490
				18,282
Ginnie Mae (1.5%)
6.500%, 09/19/37(c)		2,000		2,045
Total U.S. Government Agency Mortgages (Cost $111,471)				111,951
Money Market Fund (1.2%)
STI Classic U.S. Government Securities Money Market Fund(d)		1,589,267		1,589
Total Money Market Fund (Cost $1,589)				1,589
Total Investments (Cost $131,619)(b) — 96.8%				132,148
Other assets in excess of liabilities — 3.2%				4,400
Net Assets — 100.0%			$	136,548

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Cost for federal income tax purposes is $131,224 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	1,334
Unrealized Depreciation		(410	)
Unrealized Appreciation	$	924

(c)	This security was purchased on a when-issued basis.
(d)	Affiliate investment.

See Notes to Financial Statements.

41

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Maryland Municipal Bond Fund

	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (96.3%)
Maryland (96.3%)
Annapolis Public Improvement, GO, 5.000%, 04/01/08		250		252
Anne Arundel County Special Obligation, Arundel Mills Project, RB, 5.125%, 07/01/22, Callable 07/01/14 @ 100, County Guaranteed		1,000		1,065
Baltimore Convention Center, Baltimore Hotel Corp., Ser A, RB, 5.250%, 09/01/39, Callable 09/01/16 @ 100, XLCA		1,000		1,047
Baltimore Public Improvement, Ser A, GO, 4.750%, 10/15/16		1,000		1,076
Baltimore Sewer Improvement, Wastewater Projects, Ser C, RB, 5.000%, 07/01/22		1,000		1,059
Charles County, Public Improvement, GO, 5.000%, 03/01/16		1,000		1,089
Frederick County Educational Facilities, Mount St. Mary’s University, RB, 5.625%, 09/01/38, Callable 09/01/16 @ 100		500		517
Frederick County Educational Facilities, Mount St. Mary’s University, Ser A, RB, 4.750%, 09/01/08		175		175
Frederick County, Public Facilities, GO, 5.000%, 12/01/15		1,075		1,172
Frederick County, Public Facilities, GO, 5.000%, 12/01/16, Callable 12/01/15 @ 100		1,000		1,085
Harford County, GO, 5.000%, 07/15/25, Callable 07/15/15 @ 100		1,000		1,047
Howard County, Public Improvement, GO, 5.000%, 02/15/15		1,000		1,086
Maryland Community Development Administration, Department of Housing & Community Development, RB, AMT, 5.000%, 09/01/27, Callable 03/01/2017 @ 100		250		250
Maryland—continued
Maryland Community Development Administration, Department of Housing & Community Development, RB, AMT, 3.860%, 11/15/38, LOC: Citibank N.A.(a)		1,000		1,000
Maryland Community Development Administration, Department of Housing & Community Development, Ser 2001B, RB, AMT, 4.100%, 07/01/08, FHA/GNMA/HUD		285		286
Maryland Community Development Administration, Department of Housing & Community Development, Ser A, RB, AMT, 4.550%, 09/01/22, Callable 09/01/16 @ 100		500		482
Maryland Economic Development Corp., Department of Transportation Headquarters, RB, 5.375%, 06/01/19, Callable 06/01/12 @ 100.5		1,000		1,072
Maryland Economic Development Corp., Student Housing, Towson University Project, Ser A, RB, 5.250%, 07/01/37, Callable 07/01/17 @ 100		1,000		979
Maryland Economic Development Corp., University of Maryland College Park Project, RB, 5.750%, 06/01/18, Callable 06/01/13 @ 100		475		527
Maryland Economic Development Corp., University Village at Sheppard Pratt, RB, 5.875%, 07/01/21, Callable 07/01/11 @ 101, ACA		250		260
Maryland Health & Higher Educational Facilities Authority, Calvert Health Systems, RB, 5.500%, 07/01/36, Callable 07/01/14 @ 100		1,000		1,028

See Notes to Financial Statements.

42

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Maryland Municipal Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Maryland—continued
Maryland Health & Higher Educational Facilities Authority, Carroll County General Hospital, RB, 6.000%, 07/01/18, Callable 07/01/12 @ 100		500		529
Maryland Health & Higher Educational Facilities Authority, Carroll County General Hospital, RB, 6.000%, 07/01/21, Callable 07/01/12 @ 100		250		263
Maryland Health & Higher Educational Facilities Authority, Catholic Health Initiatives, Ser A, RB, 6.000%, 12/01/24, Callable 06/01/10 @ 101, ETM		250		267
Maryland Health & Higher Educational Facilities Authority, Doctors Community Hospital, Ser A, RB, 4.000%, 07/01/13		500		498
Maryland Health & Higher Educational Facilities Authority, Goucher College, RB, 5.375%, 07/01/25, Callable 07/01/14 @ 100		565		588
Maryland Health & Higher Educational Facilities Authority, Hebrew Home of Greater Washington, RB, 5.700%, 01/01/21, Callable 01/01/12 @ 100		480		496
Maryland Health & Higher Educational Facilities Authority, Hebrew Home of Greater Washington, RB, 5.700%, 01/01/22, Callable 01/01/12 @ 100		510		526
Maryland Health & Higher Educational Facilities Authority, Lifebridge Health, Ser A, RB, 5.125%, 07/01/34, Callable 07/01/14 @ 100		1,000		1,008
Maryland Health & Higher Educational Facilities Authority, University of Maryland Medical System, RB, 5.750%, 07/01/21, Callable 07/01/11 @ 100		1,225		1,318
Maryland—continued
Maryland Health & Higher Educational Facilities Authority, Western Maryland Health System, Ser A, RB, 5.000%, 07/01/15, MBIA/FHA		1,000		1,076
Maryland National Capital Park & Planning Commission, Prince Georges County, PK Acquisition & Development, Ser JJ-2, GO, 5.000%, 05/01/18, Callable 05/01/17 @ 100		535		578
Maryland State Transportation Authority, RB, 5.000%, 07/01/22, Callable 7/01/2017 @ 100, FSA		1,000		1,066
Maryland Transportation Authority, Baltimore/Washington International Airport, Ser B, RB, AMT, 5.375%, 03/01/15, Callable 03/01/12 @ 101, AMBAC		1,000		1,066
Maryland, Capital Improvements, Ser A, GO, 5.000%, 02/15/17, Callable 02/15/15 @ 100		1,000		1,079
Maryland, Capital Improvements, Ser A, GO, 5.000%, 02/15/19, Callable 02/15/15 @ 100		1,000		1,066
Maryland, State & Local Facilities, Ser 2, GO, 5.000%, 08/01/16, Callable 08/01/13 @ 100		1,000		1,070
Montgomery County Department of Finance, Ser A, GO, 4.010%, 06/01/26, LOC: DEXIA Credit Local(a)		1,480		1,480
Montgomery County Economic Development, Trinity Health Care Group, RB, 5.500%, 12/01/16, Callable 12/01/11 @ 100		1,000		1,063
Montgomery County Housing Opportunities Commission, Aston Woods Apartments, Ser A, RB, 4.900%, 05/15/31, Callable 05/15/08 @ 102, FNMA		1,150		1,181
Montgomery County Housing Opportunities Commission, Ser A, RB, 4.450%, 07/01/17, Callable 01/01/11 @ 100		100		100

See Notes to Financial Statements.

43

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Maryland Municipal Bond Fund — concluded

	Shares or
	Principal
	Amounts($)		Value($)
Maryland—continued
Montgomery County Housing Opportunities Commission, Ser A, RB, 6.000%, 07/01/20, Callable 07/01/10 @ 100		1,020		1,060
Montgomery County Revenue Authority, Lease, College Arts Center Project, Ser A, RB, 5.000%, 05/01/28, Callable 05/01/15 @ 100		1,000		1,035
Northeast Waste Disposal Authority Solid Waste Revenue, RB, AMT, 5.500%, 04/01/11		220		233
St. Mary’s County, Public Improvement, GO, 5.500%, 07/01/11		665		712
Talbot County Public Facilities, GO, 5.375%, 03/15/17, Callable 03/15/12 @ 101		1,000		1,073
Washington Suburban Sanitation District, Anticipation Notes, Ser A, GO, 3.750%, 06/01/23, LOC: Landesbank Hessen-Thueringen(a)		1,500		1,499
Washington Suburban Sanitation District, GO, 5.000%, 06/01/13		825		886
Total Municipal Bonds (Cost $38,834)				39,370
Money Market Fund (5.4%)
Federated Maryland Municipal Cash Trust		2,192,825		2,193
Total Money Market Fund (Cost $2,193)				2,193
Total Investments (Cost $41,027)(b) — 101.7%				41,563
Liabilities in excess of other assets — (1.7)%				(707	)
Net Assets — 100.0%			$	40,856

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Cost for federal income tax purposes is $41,025 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	662
Unrealized Depreciation		(124	)
Unrealized Appreciation	$	538

ACA	— Security insured by American Capital Access
AMBAC	— Security insured by American Municipal Bond Assurance Corporation
AMT	— Alternative Minimum Tax Paper
ETM	— Escrowed to Maturity
FHA	— Security insured by Federal Housing Administration
FNMA	— Security insured by Fannie Mae
FSA	— Security insured by Financial Security Assurance
GNMA	— Security insured by Government National Mortgage Association
GO	— General Obligation
HUD	— Security insured by U.S. Department of Housing and Urban Development
LOC	— Letter of Credit
MBIA	— Security insured by Municipal Bond Insurance Association
RB	— Revenue Bond
Ser	— Series
XLCA	— Security insured by XL Capital Assurance, Inc.

See Notes to Financial Statements.

44

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

North Carolina Tax–Exempt Bond Fund

	Shares or Principal
	Amount($)		Value($)
Municipal Bonds (98.6%)
North Carolina (93.4%)
Appalachian State University, Procurement Services Building, RB, 5.000%, 07/15/30, Callable 07/15/15 @100, MBIA		1,250		1,297
Brunswick County Enterprise System, Ser A, RB, 5.250%, 04/01/22, Callable 04/01/14 @ 100, FSA		500		537
Buncombe County, COP, 5.250%, 10/01/17, Callable 10/01/13 @ 100, AMBAC		585		623
Charlotte North Carolina Airport, RB, 5.000%, 07/01/36, Callable 7/01/17 @ 100, AMBAC		1,000		1,029
Charlotte Transit Projects, Ser A, COP, 5.000%, 06/01/33, Callable 06/01/13 @ 100		1,920		1,957
Charlotte Water & Sewer System, RB, 5.250%, 06/01/15, Prerefunded 06/01/09 @ 101		500		519
Charlotte, Convention Facilities Project, COP, 5.000%, 12/01/25, Callable 12/01/15 @ 100		1,000		1,038
Charlotte-Mecklenburg Hospital Authority, Carolina’s Health Care System, Ser A, RB, 5.000%, 01/15/13, Prerefunded 11/26/07 @ 102		500		511
Dare County, COP, 5.000%, 06/01/23, Callable 12/01/12 @ 100, AMBAC		830		860
Greensboro, Enterprise System, Ser A, RB, 5.000%, 06/01/25, Callable 06/01/17 @ 100		1,605		1,687
Iredell County Public Facilities Project, COP, 5.250%, 10/01/20, Callable 10/01/13 @ 100, AMBAC		500		528
Lenoir County North Carolina, GO, 5.000%, 02/01/21, Callable 2/01/17 @ 100, FSA		500		533
Mecklenburg County North Carolina, Ser C, GO, 5.000%, 02/01/15		1,000		1,085
North Carolina—continued
North Carolina Capital Facilities Finance Agency, Duke University Project, Ser A, RB, 5.250%, 07/01/42, Prerefunded 10/01/12 @ 100		3,000		3,225
North Carolina Capital Facilities Finance Agency, Educational Facilities, Brevard College Corp., RB, 5.000%, 10/01/26, Callable 04/01/17 @ 100		1,000		975
North Carolina Capital Facilities Finance Agency, Student Housing, NCA&T University Foundation Project, Ser A, RB, 5.250%, 06/01/20, Callable 06/01/14 @ 100, Radian		500		513
North Carolina Eastern Municipal Power Agency, Power System, Ser C, RB, 5.375%, 01/01/16, Callable 01/01/13 @ 100		500		526
North Carolina Medical Care Commission Retirement Facilities, RB, 6.500%, 07/01/32, Prerefunded 7/01/12 @ 101		1,000		1,151
North Carolina Medical Care Commission, Health Care Facilities, Novant Health Obligations Group, Ser A, RB, 5.000%, 11/01/17, Callable 11/01/13 @ 100		1,290		1,338
North Carolina Medical Care Commission, Health Care Facilities, Novant Health Obligations Group, Ser A, RB, 5.000%, 11/01/18, Callable 11/01/13 @ 100		500		516
North Carolina Medical Care Commission, Health Systems, Mission Health Combined Group, RB, 5.000%, 10/01/25, Callable 10/01/17 @ 100		2,000		2,041
North Carolina State Education Assistance Authority, Student Loans, SubSer Q, RB, AMT, 4.200%, 07/01/36(a)		1,850		1,850
North Carolina State Grant Anticipation, RB, 5.000%, 03/01/15, MBIA		1,000		1,081

See Notes to Financial Statements.

45

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

North Carolina Tax–Exempt Bond Fund — continued

	Shares or Principal
	Amount($)		Value($)
North Carolina—continued
Onslow County Hospital Authority, Onsolow Memorial Hospital Project, RB, 5.125%, 04/01/18, Callable 10/01/16 @ 100, MBIA/FHA		500		536
Pitt County School Facilities Project, COP, 4.750%, 04/01/27, Callable 4/1/17 @ 100, MBIA		1,000		1,018
Pitt County School Facilities Project, Ser B, COP, 5.300%, 04/01/21, Prerefunded 04/01/10 @ 101, FSA		500		525
Raleigh Durham Airport Authority, Ser A, RB, 5.000%, 05/01/30, Callable 05/01/15 @ 100, AMBAC		3,850		3,962
Rockingham County, COP, 5.000%, 04/01/18, Callable 04/01/12 @ 101, AMBAC		500		525
Salisbury Enterprise System, RB, 5.000%, 02/01/20, Callable 02/01/12 @ 101, FSA		500		525
University of North Carolina at Wilmington, COP, 5.000%, 06/01/31, Callable 06/01/15 @ 100, FGIC		1,295		1,331
University of North Carolina Systems Pool, Ser A, RB, 5.375%, 04/01/21, Prerefunded 10/01/12 @ 100, AMBAC		170		184
University of North Carolina Systems Pool, Ser A, RB, 5.375%, 04/01/22, Prerefunded 10/01/12 @ 100, AMBAC		215		233
University of North Carolina Systems Pool, Ser A, RB, 5.000%, 04/01/23, Callable 04/01/15 @ 100, AMBAC		1,910		1,999
Wake County Hospital, RB, 5.125%, 10/01/13, MBIA, ETM		350		378
Wake County Industrial Facilities & Pollution Control Financing Authority, Carolina Power & Light Co. Project, RB, 5.375%, 02/01/17, Callable 02/01/12 @ 101		1,000		1,051
Wilmington, Ser A, COP, 5.350%, 06/01/24, Prerefunded 06/01/09 @ 101, MBIA		500		520
North Carolina—continued
	Shares or
	Principal
	Amount($)		Value($)
Wilson Combined Enterprise Systems, RB, 5.250%, 12/01/18, Callable 12/01/12 @ 100, FSA		500		533
				38,740
Puerto Rico (5.2%)
Puerto Rico Highway & Transportation Authority, Ser AA, RB, 5.500%, 07/01/19, MBIA		595		675
Puerto Rico Infrastructure Financing Authority, Special Tax Revenue, 5.500%, 07/01/23, AMBAC		400		454
Puerto Rico Sales Tax Financing, Corporation Sales Tax, Ser A, RB, 5.250%, 08/01/57, Callable 8/1/17 @ 100		1,000		1,036
				2,165
Total Municipal Bonds (Cost $40,617)				40,905
Money Market Funds (2.7%)
Federated Tax-Free Obligations Fund		163,729		164
SEI Tax Exempt Trust, Institutional Tax Free Fund		960,055		960
Total Money Market Funds (Cost $1,124)				1,124
Total Investments (Cost $41,741)(b) — 101.3%				42,029
Liabilities in excess of other assets — (1.3)%				(524	)
Net Assets — 100.0%			$	41,505

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Cost for federal income tax purposes is $41,741 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$442
Unrealized Depreciation	(154)
Unrealized Appreciation	$288

AMBAC	— Security insured by American Municipal Bond Assurance Corporation
AMT	— Alternative Minimum Tax Paper
COP	— Certificate of Participation
ETM	— Escrowed to Maturity
FGIC	— Security insured by Financial Guaranty Insurance Company

See Notes to Financial Statements.

46

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

North Carolina Tax–Exempt Bond Fund — concluded

FHA	— Security insured by Federal Housing Administration
FSA	— Security insured by Financial Security Assurance
GO	— General Obligation
MBIA	— Security insured by Municipal Bond Insurance Association
Radian	— Security insured by Radian
RB	— Revenue Bond
Ser	— Series

See Notes to Financial Statements.

47

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix Floating Rate High Income Fund

	Shares or
	Principal
	Amount($)		Value($)
Bank Loans (93.6%)
Advertising (1.8%)
Advanstar Communications, Inc., 7.448%, 05/31/14(a)(b)		1,995		1,865
Affinion Group, Inc., 7.987%, 10/01/12(a)(b)		3,785		3,709
Proquest, 8.263%, 02/09/13(a)(b)		1,912		1,874
Reader’s Digest Association, Inc. (The), 7.541%, 03/02/13(a)(b)		1,990		1,877
Tribune Co., 7.860%, 05/17/09(a)(b)		2,667		2,636
Valassis Communications, Inc., 1.200%, 03/02/14(a)(b)		427		398
Valassis Communications, Inc., 6.950%, 03/02/14(a)(b)		1,432		1,339
				13,698
Aerospace/Defense (0.6%)
AM General Corp., 8.330%, 09/30/12(a)(b)		49		48
AM General Corp., 8.362%, 09/30/12(a)(b)		1,403		1,390
BE Aerospace, Inc., 7.158%, 08/14/12(a)(b)		500		492
Hawker Beechcraft, Inc., 7.193%, 04/02/14(a)(b)		2,293		2,229
Hawker Beechcraft, Inc., 7.360%, 04/02/14(a)(b)		195		189
				4,348
Apparel (0.6%)
Claire’s Stores, Inc., 7.948%, 05/29/14(a)(b)		2,993		2,789
Hanesbrands, Inc., 7.074%, 09/05/13(a)(b)		873		858
Hanesbrands, Inc., 9.110%, 03/05/14(a)(b)		1,000		1,002
				4,649
Auto Parts & Equipment (0.4%)
Baker Tanks, Inc., 7.789%, 05/08/14(a)(b)		3,242		3,145
Building Materials (2.5%)
Brand Services, Inc., 4.941%, 02/07/13(a)(b)		4,354		4,006
Building Materials Corp., 8.126%, 02/22/14(a)(b)		3,970		3,659
Contech Construction Products, Inc., 7.496%, 01/31/13(a)(b)		3,944		3,846
Building Materials—continued
Landsource Communications, 8.250%, 02/26/13(a)(b)		3,980		3,641
Landsource Communications, 9.999%, 02/26/13(a)(b)		1,000		750
Quality Home Brands, 7.643%, 12/01/12(a)(b)		2,965		2,794
				18,696
Chemicals (5.6%)
Celanese Holdings LLC, 7.110%, 04/02/14(a)(b)		5,985		5,856
Columbian Chemicals Co., 6.948%, 02/11/13(a)(b)		4,960		4,712
Compass Minerals International, Inc., 6.789%, 12/22/12(a)(b)		2,435		2,383
Georgia Gulf Corp., 8.279%, 08/02/13(a)(b)		1,860		1,815
Hexion Specialty Chemicals, Inc., 7.625%, 05/05/13(a)(b)		4,067		4,001
Hexion Specialty Chemicals, Inc., 7.813%, 05/15/13(a)(b)		881		869
Huntsman International LLC, 6.890%, 08/16/12(a)(b)		3,699		3,667
Ineos Group Holdings PLC, 0.000%, 12/14/12(a)(b)(c)		2,000		1,931
Ineos Group Holdings PLC, 7.358%, 12/14/13(a)(b)		5,816		5,685
Ineos Group Holdings PLC, 7.858%, 12/14/14(a)(b)		961		944
ISP Chemco, Inc., 7.267%, 05/31/14(a)(b)		2,000		1,927
Lucite International Ltd., 7.450%, 07/03/13(a)(b)		731		719
Lucite International Ltd., 7.450%, 07/03/13(a)(b)		259		254
Lyondell Chemical Co., 6.631%, 08/16/13(a)(b)		3,465		3,438
Macdermid Holdings LLC, 7.198%, 04/11/14(a)(b)		3,980		3,801
				42,002
Coal (0.5%)
Alpha Natural Resources, Inc., 6.948%, 10/26/12(a)(b)		3,937		3,883
Commercial Services (8.4%)
Astoria Generating Co. LLC, 7.210%, 08/13/13(a)(b)		1,410		1,385

See Notes to Financial Statements.

48

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix Floating Rate High Income Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Commercial Services—continued
Bearingpoint, Inc., 8.880%, 05/18/12(a)(b)		1,493		1,403
Bearingpoint, Inc., 9.070%, 05/18/12(a)(b)		2,000		1,910
Cengage Learning, Inc., 7.950%, 07/03/14(a)(b)		12,863		12,477
Cenveo Corp., 7.110%, 03/16/14(a)(b)		110		108
H3C Holdings Ltd., 8.141%, 09/28/12(a)(b)		3,960		3,683
Hertz Corp., 7.555%, 12/21/12(a)(b)		4,505		4,425
Idearc Inc., 6.860%, 11/17/13(a)(b)		4,000		3,860
Live Nation, Inc., 7.950%, 06/21/13(a)(b)		1,657		1,632
Live Nation, Inc., 7.950%, 06/21/13(a)(b)		4,110		4,027
Merrill Corp., 7.420%, 05/15/11(a)(b)		4,433		4,355
Merrill Corp., 11.629%, 10/01/13(a)(b)		3,000		2,910
National Money Mart Co., 7.950%, 10/30/12(a)(b)		1,141		1,113
National Money Mart Co., 7.950%, 10/30/12(a)(b)		839		818
Oshkosh Truck Corp., 7.450%, 12/06/13(a)(b)		4,938		4,863
Quintiles Transnational Corp., 7.201%, 03/21/13(a)(b)		985		957
Quintiles Transnational Corp., 9.200%, 03/21/14(a)(b)		2,000		1,965
R.H. Donnelley, Inc., 7.045%, 06/30/11(a)(b)		2,938		2,899
Rent-A-Center, Inc., 7.201%, 06/30/12(a)(b)		2,846		2,778
Rental Service, Corp., 8.860%, 11/21/13(a)(b)		3,183		3,083
Sedgwick CMS Holdings, Inc., 7.448%, 01/31/13(a)(b)		1,975		1,886
				62,537
Computers (2.1%)
Acxiom Corp., 7.503%, 09/15/12(a)(b)		2,728		2,673
Dresser, Inc., 7.998%, 05/04/14(a)(b)		2,969		2,917
Computers—continued
Kronos, Inc., 7.448%, 06/12/14(a)(b)		998		955
Network Solutions LLC, 7.684%, 03/07/14(a)(b)		2,429		2,308
Reynolds & Reynolds Co., 7.198%, 10/23/12(a)(b)		1,907		1,850
Reynolds & Reynolds Co., 10.698%, 10/23/13(a)(b)		2,000		1,980
Sungard Data Systems, Inc., 7.356%, 02/11/13(a)(b)		1,958		1,918
TTM Technologies, Inc., 7.531%, 10/27/12(a)(b)		1,090		1,068
				15,669
Diversified Financial Services (6.7%)
Cenveo Corp., 9.629%, 06/21/14(a)(b)		2,000		2,000
Clark American Corp., 0.000%, 04/01/14(a)(b)(c)		3,000		2,783
East Valley Tourist Development Authority, 10.860%, 08/06/14(a)(b)		3,000		2,970
First Data Corp., 0.000%, 09/24/14(a)(b)(c)		5,000		4,826
First Data Corp., 0.000%, 09/24/14(a)(b)(c)		1,000		966
First Data Corp., 0.000%, 09/24/14(a)(b)(c)		13,000		12,518
IDEARC, Inc., 7.360%, 11/09/14(a)(b)		5,955		5,844
Level 3 Communications, Inc., 7.610%, 03/01/14(a)(b)		3,000		2,929
Peach Holdings, Inc., 9.109%, 11/21/13(a)(b)		5,888		5,711
TPF Generation Holdings LLC, 5.360%, 12/15/11(a)(b)		94		91
TPF Generation Holdings LLC, 5.360%, 12/15/13(a)(b)		301		291
VNU, Inc., 7.360%, 08/09/13(a)(b)		8,933		8,678
				49,607
Diversified Operations (0.3%)
Aramark Corp., 7.360%, 01/27/14(a)(b)		148		145
Aramark Corp., 7.485%, 01/27/14(a)(b)		2,073		2,032
				2,177

See Notes to Financial Statements.

49

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix Floating Rate High Income Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Electric (2.8%)
Boston Generating LLC, 7.448%, 12/21/13(a)(b)		1,547		1,516
Boston Generating LLC, 7.610%, 12/21/13(a)(b)		345		338
Boston Generating LLC, 7.610%, 12/21/13(a)(b)		97		95
Calpine Corp., 7.448%, 03/29/09(a)(b)		2,987		2,935
Generac Power Systems, Inc., 7.860%, 11/07/13(a)(b)		3,960		3,544
Generac Power Systems, Inc., 11.360%, 04/07/14(a)(b)		1,000		730
Mirant North America LLC, 7.320%, 01/03/13(a)(b)		3,184		3,144
NRG Energy, Inc., 7.110%, 02/01/13(a)(b)		732		717
NRG Energy, Inc., 7.110%, 02/01/13(a)(b)		1,759		1,723
NRG Energy, Inc., 0.500%, 06/08/14(a)(b)		6,000		5,861
				20,603
Energy (2.0%)
Covanta Energy Corporation, 0.000%, 02/09/14(a)(b)(c)		1,339		1,292
Covanta Energy Group, 0.000%, 02/09/14(a)(b)(c)		661		638
Longview Power LLC, 0.750%, 02/27/14(a)(b)		817		776
Longview Power LLC, 5.168%, 02/27/14(a)(b)		350		333
Longview Power LLC, 7.610%, 02/27/14(a)(b)		333		315
Longview Power LLC, 8.000%, 02/27/14(a)(b)		1,000		961
NE Energy, 9.750%, 10/19/11(a)(b)		1,000		935
NE Energy, 7.750%, 10/19/13(a)(b)		106		102
NE Energy, 8.090%, 10/19/13(a)(b)		865		838
NSG Holdings LLC, 0.000%, 06/15/14(a)(b)(c)		51		49
NSG Holdings LLC, 0.000%, 06/15/14(a)(b)(c)		441		421
Energy—continued
Sandridge Energy, Inc., 8.985%, 04/15/14(a)(b)		5,000		4,950
Sandridge Energy, Inc., 8.625%, 04/15/15(a)(b)		3,000		2,955
				14,565
Entertainment (3.3%)
Cedar Fair LP, 7.094%, 08/30/12(a)(b)		3,960		3,861
Cinemark, Inc., 7.271%, 10/04/13(a)(b)		1,967		1,912
Penn National Gaming, Inc., 7.110%, 10/03/12(a)(b)		1,975		1,957
Regal Cinemas, Inc., 6.698%, 02/26/13(a)(b)		4,945		4,800
Tropicana Entertainment, 7.610%, 01/03/12(a)(b)		2,843		2,743
Venetian Macao Ltd., 7.450%, 05/26/12(a)(b)		3,000		2,925
Venetian Macao Ltd., 7.450%, 04/06/13(a)(b)		2,000		1,950
Venetian Macao Ltd., 7.450%, 04/06/13(a)(b)		3,263		3,182
Warner Music Group, 7.483%, 02/28/21(a)(b)		1,000		974
				24,304
Environmental Control (0.3%)
Allied Waste North America, Inc., 6.761%, 01/15/12(a)(b)		1,528		1,503
Allied Waste North America, Inc., 6.820%, 01/15/12(a)(b)		831		818
				2,321
Food (0.9%)
Dean Foods Co., 6.700%, 04/02/14(a)(b)		2,488		2,425
Pinnacle Foods Group, Inc., 7.948%, 04/02/14(a)(b)		2,095		2,023
SUPERVALU, Inc., 7.320%, 06/02/12(a)(b)		1,985		1,962
				6,410
Forest Products & Paper (1.9%)
Cenveo, Inc., 7.110%, 03/16/14(a)(b)		3,295		3,200
Georgia-Pacific Corp., 7.189%, 01/27/11(a)(b)		4,265		4,198

See Notes to Financial Statements.

50

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix Floating Rate High Income Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Forest Products & Paper—continued
Georgia-Pacific Corp., 7.411%, 12/20/12(a)(b)		5,985		5,866
Verso Paper Holdings LLC, 7.000%, 08/03/13(a)(b)		902		878
				14,142
Health Care (10.2%)
Beverly Enterprises, Inc., 7.879%, 04/07/11(a)(b)		3,188		3,156
Capella Healthcare, Inc., 7.698%, 11/30/12(a)(b)		8,938		8,647
Carestream Health, Inc., 7.275%, 04/30/13(a)(b)		4,000		3,845
Carestream Health, Inc., 10.594%, 10/30/13(a)(b)		1,000		960
Community Health Systems, 0.500%, 07/25/14(a)(b)		495		486
Community Health Systems, 7.750%, 07/25/14(a)(b)		7,505		7,361
CRC Health Corp., 7.610%, 02/06/13(a)(b)		2,963		2,881
Davita, Inc., 6.943%, 10/12/12(a)(b)		1,421		1,392
Harlan Sprague Dawley, Inc., 7.355%, 07/11/14(a)(b)		8,332		8,083
HCA, Inc., 6.698%, 11/17/12(a)(b)		6,979		6,749
HCA, Inc., 7.448%, 11/06/13(a)(b)		3,970		3,885
Health Management Associates, 7.110%, 02/28/14(a)(b)		1,995		1,893
Iasis Healthcare Corp., 0.100%, 03/15/14(a)(b)		124		118
Iasis Healthcare Corp., 5.703%, 03/15/14(a)(b)		353		336
Iasis Healthcare Corp., 7.131%, 03/15/14(a)(b)		127		121
Iasis Healthcare Corp., 7.360%, 03/15/14(a)(b)		1,389		1,326
IM US Holdings, LLC, 7.340%, 06/26/14(a)(b)		2,000		1,945
Matria Healthcare, Inc., 7.424%, 01/19/12(a)(b)		1,081		1,054
Multiplan, Inc., 8.065%, 04/08/13(a)(b)		2,572		2,498
Multiplan, Inc., 8.065%, 04/12/13(a)(b)		902		876
Health Care—continued
National Mentor Holdings, Inc., 7.220%, 06/28/13(a)(b)		110		103
National Mentor Holdings, Inc., 7.432%, 06/28/13(a)(b)		1,871		1,759
Royalty Pharma, 6.629%, 04/16/13(a)(b)		7,960		7,885
Sun Healthcare Group, Inc., 0.750%, 01/15/08(a)(b)		92		88
Sun Healthcare Group, Inc., 4.956%, 01/15/08(a)(b)		161		155
Sun Healthcare Group, Inc., 7.367%, 04/12/14(a)(b)		1,425		1,368
Sun Healthcare Group, Inc., 7.460%, 04/12/14(a)(b)		322		309
Talecris Biotherapeutics, Inc., 9.078%, 12/06/13(a)(b)		2,978		2,974
Vanguard Health Systems, Inc., 7.448%, 09/23/11(a)(b)		3,950		3,820
				76,073
Insurance (0.1%)
Hub International Holdings, Inc., 8.183%, 06/12/14(a)(b)		815		795
Hub International Holdings, Inc., 1.375%, 06/12/15(a)(b)		125		122
Hub International Holdings, Inc., 2.832%, 06/12/15(a)(b)		58		56
				973
Investment Companies (0.9%)
Thermal North America, Inc., 7.950%, 10/27/08(a)(b)		4,885		4,836
USPF Holdings LLC, 7.099%, 04/11/14(a)(b)		2,000		1,880
				6,716
Leisure Time (0.8%)
Sabre Holdings Corp., 7.608%, 09/30/14(a)(b)		2,652		2,526
TDS Investor Corp., 7.448%, 08/09/13(a)(b)		2,668		2,601
TDS Investor Corp., 10.981%, 08/23/13(a)(b)		998		969
				6,096
Lodging (4.5%)
Cannery Casino Resorts, 2.250%, 05/18/13(a)(b)		1,638		1,548

See Notes to Financial Statements.

51

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix Floating Rate High Income Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Lodging—continued
Cannery Casino Resorts LLC, 1.555%, 05/18/13(a)(b)		157		149
Cannery Casino Resorts LLC, 7.760%, 05/18/13(a)(b)		2,205		2,083
Fontainebleau Resorts LLC, 2.000%, 06/05/14(a)(b)		1,333		1,267
Fontainebleau Resorts LLC, 8.948%, 06/05/14(a)(b)		2,667		2,540
Isle Of Capri Casinos, 0.500%, 11/25/13(a)(b)		529		508
Isle Of Capri Casinos, 6.890%, 11/25/13(a)(b)		1,760		1,688
Isle Of Capri Casinos, 6.890%, 11/25/13(a)(b)		704		676
Kerzner International Ltd., 8.576%, 08/31/13(a)(b)		1,300		1,196
Kerzner International Ltd., 8.704%, 08/31/13(a)(b)		214		197
Kerzner International Ltd., 8.704%, 08/31/13(a)(b)		2,286		2,103
Las Vegas Sands LLC, 1.750%, 05/15/13(a)(b)		800		776
Las Vegas Sands LLC, 6.950%, 05/15/13(a)(b)		3,192		3,096
Metro-Goldwyn-Mayer, Inc., 8.448%, 03/15/12(a)(b)		2,972		2,850
Metro-Goldwyn-Mayer, Inc., 8.448%, 04/08/12(a)(b)		3,284		3,148
MGM Mirage, Inc., 5.165%, 11/22/09(a)(b)		2,413		2,299
MotorCity Casino, 7.300%, 07/26/12(a)(b)		3,653		3,538
Seminole Indian Casinos, 5.376%, 03/05/14(a)(b)		518		513
Seminole Indian Casinos, 6.875%, 03/05/14(a)(b)		1,733		1,717
Seminole Indian Casinos, 7.125%, 03/05/14(a)(b)		1,749		1,733
				33,625
Machinery Diversified (0.5%)
NACCO Materials Handling Group, Inc., 7.503%, 02/24/13(a)(b)		3,465		3,335
Media (12.8%)
Cablevision Systems Corp., 7.569%, 03/21/12(a)(b)		3,461		3,410
Charter Communications Operating LLC, 7.360%, 04/28/14(a)(b)		10,000		9,658
Media—continued
Citadel Broadcasting Corp., 6.794%, 06/12/14(a)(b)		4,000		3,820
Cw Media Holdings, Inc., 0.000%, 09/21/14(a)(b)(c)		1,000		993
Dex Media West LLC, 6.853%, 12/30/10(a)(b)		828		818
Dex Media, Inc., 0.000%, 03/09/10(a)(b)(c)		3,869		3,829
Entravision Communications Co. LLC, 6.860%, 03/29/13(a)(b)		1,970		1,906
Gray Television, Inc., 6.860%, 12/31/14(a)(b)		9,470		9,091
Insight Midwest Holdings LLC, 6.610%, 10/06/13(a)(b)		17,500		16,975
Mediacom LLC, 7.320%, 04/15/15(a)(b)		6,104		5,895
Next Media Operating, Inc., 7.753%, 11/04/12(a)(b)		1,338		1,264
Next Media Operating, Inc., 7.820%, 11/04/12(a)(b)		594		565
Penton Media, Inc., 10.360%, 02/01/14(a)(b)		1,000		938
Quebecor Media, Inc., 7.356%, 01/17/13(a)(b)		2,955		2,866
San Juan Cable LLC, 7.620%, 10/31/12(a)(b)		985		940
Spanish Broadcasting System, Inc., 6.950%, 06/08/12(a)(b)		2,985		2,847
TCM Media, Inc., 9.064%, 06/30/10(a)(b)		2,860		2,796
Umbrella Acquisition, 1.000%, 09/16/14(a)(b)		785		747
Umbrella Acquisition, 7.610%, 09/16/14(a)(b)		12,215		11,543
Umbrella Acquisition, 7.629%, 09/16/14(a)(b)		5,000		4,950
Wenner Media LLC, 7.110%, 09/29/13(a)(b)		2,850		2,772
WideOpenWest Finance LLC, 7.758%, 06/30/14(a)(b)		5,000		4,787
Yell Group PLC, 7.565%, 08/07/13(a)(b)		1,000		978
				94,388
Miscellaneous Manufacturer (3.7%)
Activant Solutions Holdings, Inc., 7.375%, 05/01/13(a)(b)		3,726		3,577

See Notes to Financial Statements.

52

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix Floating Rate High Income Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Miscellaneous Manufacturer—continued
Aearo Technologies, Inc., 7.448%, 06/01/13(a)(b)		1,995		1,920
Bombardier, Inc., 7.859%, 06/28/13(a)(b)		6,380		6,256
Epco, 0.000%, 08/07/12(a)(b)(c)		5,000		4,883
Goodyear Engineered Products, 7.860%, 07/25/14(a)(b)		875		851
John Maneely Co., 8.521%, 12/06/13(a)(b)		2,769		2,561
Samsonite Corp., 7.469%, 12/21/13(a)(b)		3,980		3,945
Universal City Development, 7.422%, 06/09/11(a)(b)		1,851		1,800
Zuffa, Inc., 7.563%, 06/21/15(a)(b)		1,995		1,841
				27,634
Oil & Gas (1.7%)
Big West Oil LLC, 1.500%, 05/02/14(a)(b)		1,100		1,067
Big West Oil LLC, 7.448%, 05/02/14(a)(b)		895		868
Epd Holdings, 0.500%, 07/25/14(a)(b)		125		122
Niska Gas Storage, 7.280%, 05/01/11(a)(b)		355		347
Niska Gas Storage, 7.323%, 05/01/13(a)(b)		308		303
Niska Gas Storage, 7.323%, 05/01/13(a)(b)		1,895		1,862
Niska Gas Storage, 7.325%, 05/01/13(a)(b)		209		205
Petroleum Geo-Services ASA, 7.771%, 06/29/15(a)(b)		5,771		5,622
TPF Generation Holdings LLC, 7.198%, 12/21/13(a)(b)		1,540		1,489
Western Refining Co., 6.879%, 04/05/14(a)(b)		929		908
				12,793
Pipelines (4.4%)
El Paso Corp., 7.320%, 07/24/11(a)(b)		2,000		1,971
Energy Transfer Equity LP, 7.106%, 02/08/12(a)(b)		13,250		13,040
Kinder Morgan Energy Partners LP, 0.000%, 11/29/13(a)(b)(c)		2,000		1,943
Pipelines—continued
Kinder Morgan Energy Partners LP, 6.639%, 05/25/19(a)(b)		9,732		9,535
Targa Resources, Inc., 5.235%, 10/31/12(a)(b)		1,169		1,161
Targa Resources, Inc., 7.534%, 10/31/12(a)(b)		4,774		4,738
				32,388
Real Estate (0.9%)
Cb Richard Ellis, 6.996%, 12/20/13(a)(b)		4,903		4,781
Mattamy Group, 7.813%, 04/11/13(a)(b)		1,975		1,903
				6,684
Retail (2.7%)
Capital Automotive LP, 7.420%, 12/16/10(a)(b)		4,519		4,435
Gregg Appliances, Inc., 7.591%, 06/29/15(a)(b)		998		958
Neiman Marcus Group, Inc., 7.448%, 04/06/13(a)(b)		3,467		3,413
Petco Animal Supplies, Inc., 7.679%, 10/26/13(a)(b)		3,970		3,858
Rite Aid Corp., 7.331%, 06/04/14(a)(b)		2,000		1,954
Sally Holdings LLC, 7.860%, 11/10/13(a)(b)		2,978		2,909
Sports Authority, Inc. (The), 7.448%, 04/06/13(a)(b)		2,970		2,807
				20,334
Telecommunication Services (9.3%)
American Cellular Corp., 7.360%, 03/15/14(a)(b)		8,993		8,947
Asurion Corp., 8.360%, 07/03/14(a)(b)		7,500		7,294
Asurion Corp., 12.036%, 07/03/14(a)(b)		3,000		2,940
Cequel Communications LLC, 7.377%, 10/01/13(a)(b)		3,980		3,822
Cequel Communications LLC, 9.856%, 05/05/14(a)(b)		1,000		975
Hawaiian Telecom Communications, Inc., 1.330%, 04/30/12(a)(b)		1,400		1,312
Integra Telecom, Inc., 0.000%, 08/31/13(a)(b)(c)		2,000		2,010
Intelsat (Bermuda), Ltd., 7.859%, 02/02/14(a)(b)		8,000		7,887

See Notes to Financial Statements.

53

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix Floating Rate High Income Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Telecommunication Services—continued
IPC Information Systems, Inc., 7.610%, 05/31/14(a)(b)		1,500		1,372
IPC Information Systems, Inc., 10.448%, 05/31/15(a)(b)		2,000		1,720
NG Wireless, Inc., 7.923%, 07/31/14(a)(b)		2,000		1,970
Paetec Holding Corp., 7.629%, 02/09/13(a)(b)		966		954
RCN Corp., 7.500%, 04/20/14(a)(b)		2,993		2,886
Sorenson Communications, Inc., 8.000%, 08/01/13(a)(b)		4,902		4,829
Sorenson Communications, Inc., 12.500%, 02/01/14(a)(b)		828		828
Telcordia Technologies, 0.500%, 03/08/11(a)(b)		5,000		4,575
Time Warner Telecom Holdings, Inc., 7.130%, 10/12/13(a)(b)		3,905		3,837
US Telepacific Corp., 9.381%, 08/07/11(a)(b)		1,126		1,104
Virgin Media Investment Holdings Ltd., 0.000%, 09/03/12(a)(b)(c)		2,714		2,616
West Corp., 7.605%, 10/23/13(a)(b)		5,446		5,331
Wind Acquisition Holdings, 12.609%, 12/07/11(a)(b)		1,604		1,620
				68,829
Transportation (0.4%)
Hertz Corp., 7.110%, 12/21/12(a)(b)		685		673
Travelport, Inc., 7.454%, 08/09/13(a)(b)		535		521
Volnay Acquisition (Compagnie Generale), 7.129%, 01/12/14(a)(b)		1,785		1,758
				2,952
Total Bank Loans (Cost $711,436)				695,576
Corporate Bonds (5.2%)
Auto Parts & Equipment (1.0%)
Goodyear Tire & Rubber Co. (The), 9.135%, 12/01/09(a)(b)		7,075		7,128
Diversified Financial Services (1.0%)
IDEARC, Inc., 8.000%, 11/15/16, Callable 11/15/11 @ 104		4,000		3,990
Level 3 Financing, Inc., 9.150%, 02/15/15, Callable 02/15/09 @ 102(a)		4,000		3,810
				7,800
Diversified Operations (0.7%)
Freeport-McMoRan Copper & Gold, Inc., 8.564%, 04/01/15, Callable 04/01/09 @ 102(a)		3,000		3,116
Leucadia National Corp., 7.000%, 08/15/13		2,000		1,920
				5,036
Health Care (0.4%)
HCA, Inc., 9.625%, 11/15/16, Callable 11/15/11 @ 104.81(b)		3,000		3,203
Media (1.2%)
Bonten Media Acquisition, 9.000%, 06/01/15, Callable 06/01/11 @ 104.50(b)		2,000		1,790
Clear Channel Communications, Inc., 7.650%, 09/15/10		3,000		2,973
Clear Channel Communications, Inc., 5.500%, 12/15/16		1,000		762
Mediacom Broadband LLC, 9.500%, 01/15/13, Callable 01/15/08 @ 101.58		3,000		3,036
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 03/15/11 @ 103.88(b)		665		634
				9,195
Oil & Gas (0.4%)
United Refining Co., 10.500%, 08/15/12, Callable 08/15/08 @ 105.25		3,000		3,090
Telecommunications (0.5%)
Qwest Communications International, Inc., 9.058%, 02/15/09, Callable 02/15/08 @ 100(a)		3,328		3,362
Total Corporate Bonds (Cost $38,942)				38,814

See Notes to Financial Statements.

54

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Seix Floating Rate High Income Fund — concluded

	Shares or
	Principal
	Amount($)		Value($)
Repurchase Agreements (10.3%)
ABN AMRO Bank N.V., 4.865%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $38,472 (collateralized by U.S. Government Agencies; 5.125%-6.000%, due 06/15/11-03/14/36; total market value $39,226)		38,456		38,456
Lehman Brothers, Inc., 5.015%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $38,489 (collateralized by U.S. Government Agencies; 6.000%, due 05/01/37; total market value $39,241)		38,473		38,473
Total Repurchase Agreements (Cost $76,929)				76,929
Total Investments (Cost $827,307)(d) — 109.1%				811,319
Liabilities in excess of other assets — (9.1)%				(67,653	)
Net Assets — 100.0%			$	743,666

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 86.2% of net assets as of September 30, 2007.
(c)	This security has not settled as of September 30, 2007 and thus does not have a rate in effect. The security does not have a stated settlement date and will receive a rate upon settling with the custodian.
(d)	Cost for federal income tax purposes is $827,614 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	2,559
Unrealized Depreciation		(18,854	)
Unrealized Depreciation	$	(16,295	)

LLC	— Limited Liability Company
LP	— Limited Partnership
PLC	— Public Limited Company

As of September 30, 2007 the Fund had the following unfunded loan commitments.

			Unrealized
	Unfunded		Appreciation
Borrower	Commitments($)		(Depreciation)($)
Brand Services		3,146		(252	)
Calpine Corp.		5,500		(440	)
Hawaiian Telecom Communications, Inc.		6,600		(415	)
MGM Mirage, Inc.		587		(28	)
Umbrella Acquisition		5,000		(317	)
				(1,452	)

The commitments are available until the maturity date of the respective security.

Credit Default Swap Agreements

			Notional		Fixed		Expiration
Underlying Instrument	Counterparty		Amount($)		Rate%		Date		Value($)
Abitibi Consolidated, Inc.		J.P. Morgan		2,000		2.80		06/20/08		(123	)
Abitibi Consolidated, Inc.		J.P. Morgan		1,500		3.45		06/20/08		(85	)
Level 3 Communications		J.P. Morgan		2,000		3.85		06/20/12		(74	)
										(282	)

See Notes to Financial Statements.

55

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix High Yield Fund

	Shares or
	Principal
	Amount($)		Value($)
Bank Loans (9.3%)
Commercial Services (1.5%)
Cengage Learning, Inc., 7.950%, 07/03/14(a)(b)		12,000		11,640
Diversified Financial Services (5.4%)
Cenveo Corp., 9.629%, 06/21/14(a)(b)		6,000		6,000
East Valley Tourist Development Authority, 10.860%, 08/06/14(a)(b)		11,500		11,385
First Data Corp., 0.000%, 09/24/14(a)(b)(c)		5,000		4,828
First Data Corp., 0.000%, 09/24/14(a)(b)(c)		10,250		9,894
First Data Corp., 0.000%, 09/24/14(a)(b)(c)		11,250		10,832
				42,939
Media (1.9%)
Charter Communications Operating LLC, 0.000%, 04/28/14(a)(b)(c)		6,500		6,278
Charter Communications Operating LLC, 7.360%, 04/28/14(a)(b)		9,000		8,692
				14,970
Telecommunication Services (0.5%)
American Cellular Corp., 7.360%, 03/15/14(a)(b)		2,000		1,990
Sorenson Communications, Inc., 8.000%, 08/01/13(a)(b)		1,957		1,928
				3,918
Total Bank Loans (Cost $73,524)				73,467
Corporate Bonds (87.5%)
Advertising (3.1%)
Quebecor World Capital Corp., 8.750%, 03/15/16, Callable 03/15/11 @ 104.38(b)		5,820		5,282
Quebecor World, Inc., 9.750%, 01/15/15, Callable 01/15/11 @ 104.88(b)		460		440
R.H. Donnelley Corp., 6.875%, 01/15/13		450		425
R.H. Donnelley Corp., 6.875%, 01/15/13, Callable 01/15/09 @ 103.438		2,475		2,339
R.H. Donnelley Corp., 8.875%, 01/15/16, Callable 01/15/11 @ 104.438(d)		9,790		9,974
Advertising—continued
R.H. Donnelley Corp., 8.875%, 10/15/17, Callable 10/15/12 @ 104.44(b)		5,540		5,623
				24,083
Aerospace/Defense (0.8%)
Hawker Beechcraft Acquisition Co., 8.875%, 04/01/15, Callable 04/01/11 @ 104.44(b)		1,800		1,814
Hawker Beechcraft Acquisition Co., 8.500%, 04/01/15, Callable 04/01/11 @ 104.25(b)(d)		2,010		2,055
Transdigm, Inc., 7.750%, 07/15/14, Callable 07/15/09 @ 105.81		2,380		2,404
				6,273
Apparel (1.0%)
Hanesbrands, Inc., 8.784%, 12/15/14, Callable 12/15/08 @ 102(a)		3,310		3,293
Levi Strauss & Co., 9.750%, 01/15/15, Callable 01/15/10 @ 104.875(d)		2,075		2,179
Levi Strauss & Co., 8.875%, 04/01/16, Callable 04/01/11 @ 104.44(d)		2,450		2,524
				7,996
Auto Manufacturers (1.3%)
General Motors Corp., 8.375%, 07/15/33(d)		11,855		10,388
Auto Parts & Equipment (0.7%)
Goodyear Tire & Rubber Co. (The), 9.135%, 12/01/09(a)(b)		3,680		3,708
Goodyear Tire & Rubber Co. (The), 8.625%, 12/01/11, Callable 12/01/09 @ 104.31(b)		631		659
Goodyear Tire & Rubber Co. (The), 9.000%, 07/01/15, Callable 07/01/10 @ 104.50(d)		938		1,001
				5,368
Beverages (0.3%)
Cott Beverages, Inc., 8.000%, 12/15/11, Callable 12/15/07 @ 102.67		2,757		2,716

See Notes to Financial Statements.

56

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix High Yield Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Building (0.2%)
U.S. Concrete, Inc., 8.375%, 04/01/14, Callable 04/01/09 @ 104.188		1,750		1,628
Chemicals (5.1%)
ARCO Chemical Co., 10.250%, 11/01/10		4,455		4,767
Huntsman International LLC, 11.625%, 10/15/10, Callable 10/15/07 @ 105.81		3,785		4,012
Ineos Group Holdings PLC, 8.500%, 02/15/16, Callable 02/15/11 @ 104.25(b)(d)		9,500		9,096
Lyondell Chemical Co., 8.000%, 09/15/14, Callable 09/15/10 @ 104		4,970		5,467
Lyondell Chemical Co., 8.250%, 09/15/16, Callable 09/15/11 @ 104.13		9,555		10,773
Mosaic Co., 7.375%, 12/01/14, Callable 12/01/10 @ 103.69(b)		2,490		2,615
Mosaic Co., 7.625%, 12/01/16, Callable 12/01/11 @ 103.81(b)		800		853
Reichhold Industries, Inc., 9.000%, 08/15/14, Callable 08/15/10 @ 104.50(b)		2,310		2,333
				39,916
Commercial Services (5.7%)
Aramark Services, Inc., 8.500%, 02/01/15, Callable 02/01/11 @ 104.25(d)		4,290		4,376
Aramark Services, Inc., 8.856%, 02/01/15, Callable 02/01/09 @ 102(a)		1,485		1,500
Corrections Corp. of America, 7.500%, 05/01/11, Callable 05/01/08 @ 101.88		5,250		5,289
Deluxe Corp., 7.375%, 06/01/15, Callable 06/01/11 @ 103.69		1,785		1,763
Hertz Corp., 8.875%, 01/01/14, Callable 01/01/10 @ 104.44		465		479
Hertz Corp., 10.500%, 01/01/16, Callable 01/01/11 @ 105.25(d)		4,255		4,595
Commercial Services—continued
Seitel Acquisition Corp., 9.750%, 02/15/14		4,110		3,884
Service Corp. International, 6.750%, 04/01/15		50		50
United Rentals NA, Inc., 6.500%, 02/15/12, Callable 02/15/12 @ 103.25		9,875		9,998
United Rentals NA, Inc., 7.750%, 11/15/13, Callable 11/15/08 @ 103.88(d)		7,115		7,329
Valassis Communication, 8.250%, 03/01/15, Callable 03/01/11 @ 104.13(d)		6,105		5,311
				44,574
Diversified Financial Services (9.3%)
Buffalo Thunder Development Authority, 9.375%, 12/15/14, Callable 12/15/10 @ 104.69(b)		3,840		3,610
Ford Motor Credit Corp., 6.625%, 06/16/08		3,000		2,977
Ford Motor Credit Corp., 5.800%, 01/12/09		4,760		4,597
Ford Motor Credit Corp., 8.105%, 01/13/12(a)		3,730		3,525
Galaxy Entertainment Financial, 10.409%, 12/15/10, Callable 12/15/08 @ 101.50(a)(b)(d)		2,630		2,683
GMAC LLC, 6.875%, 09/15/11		2,580		2,455
GMAC LLC, 6.625%, 05/15/12		1,800		1,680
GMAC LLC, 6.750%, 12/01/14		1,670		1,514
GMAC LLC, 8.000%, 11/01/31(d)		5,715		5,607
Hexion US Finance Corp., 9.750%, 11/15/14, Callable 11/15/10 @ 104.88		6,570		7,227
Hexion US Finance Corp., 10.058%, 11/15/14, Callable 11/15/08 @ 102(a)		1,550		1,596
IDEARC, Inc., 8.000%, 11/15/16, Callable 11/15/11 @ 104		15,240		15,202
Level 3 Financing, Inc., 12.250%, 03/15/13, Callable 03/15/10 @ 106.13		3,660		4,035

See Notes to Financial Statements.

57

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix High Yield Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services—continued
Level 3 Financing, Inc., 9.150%, 02/15/15, Callable 02/15/09 @ 102(a)		990		943
Level 3 Financing, Inc., 8.750%, 02/15/17, Callable 02/15/12 @ 104.38(d)		5,045		4,868
NSG Holdings LLC, 7.750%, 12/15/25(b)		7,885		7,806
Snoqualmie Enterprise Authority, 9.150%, 02/01/14, Callable 02/01/09 @ 103(a)(b)		1,545		1,502
Snoqualmie Enterprise Authority, 9.125%, 02/01/15, Callable 02/01/11 @ 104.56(b)		1,090		1,074
				72,901
Diversified Minerals (2.6%)
FMG Finance Property Ltd., 10.000%, 09/01/13(b)		12,985		14,203
FMG Finance Property Ltd., 10.625%, 09/01/16(b)		5,145		6,058
				20,261
Diversified Operations (2.5%)
Freeport-McMoRan Copper & Gold, Inc., 8.250%, 04/01/15, Callable 04/01/11 @ 104.13		5,890		6,361
Freeport-McMoRan Copper & Gold, Inc., 8.375%, 04/01/17, Callable 04/01/12 @ 104.19(d)		6,545		7,150
Leucadia National Corp., 7.000%, 08/15/13		1,890		1,814
Leucadia National Corp., 7.125%, 03/15/17, Callable 03/15/12 @ 103.56		4,370		4,163
				19,488
Electric (8.4%)
AES Corp. (The), 8.750%, 05/15/13, Callable 05/15/08 @ 104.375(b)		2		2
Aquila, Inc., 9.950%, 02/01/11		4,740		5,163
Aquila, Inc., 12.073%, 07/01/12		4,200		5,292
Baldor Electic Co., 8.625%, 02/15/17, Callable 02/15/12 @ 103.31, Barnett Banks(d)		1,470		1,536
Electric—continued
Elwood Energy LLC, 8.159%, 07/05/26		4,215		4,264
Homer City Funding LLC, 8.137%, 10/01/19		1,781		1,914
Inergy LP/Inergy Finance, 8.250%, 03/01/16, Callable 03/01/11 @ 104.13		1,565		1,616
InterGen NV, 9.000%, 06/30/17, Callable 06/30/12 @ 104.50(b)(d)		5,550		5,828
Midwest Generation LLC, Ser A, 8.300%, 07/02/09		2,304		2,344
Midwest Generation LLC, Ser B, 8.560%, 01/02/16		5,487		5,871
Mirant Mid-Atlantic LLC, Ser B, 9.125%, 06/30/17		5,814		6,440
Mirant North America LLC, 7.375%, 12/31/13, Callable 12/31/09 @ 103.69(d)		5,325		5,405
NRG Energy, Inc., 7.375%, 02/01/16, Callable 02/01/11 @ 103.69		11,235		11,263
NRG Energy, Inc., 7.375%, 01/15/17, Callable 11/15/11 @ 100		4,375		4,375
Reliant Energy, Inc., 6.750%, 12/15/14, Callable 12/15/09 @ 103.38		2,145		2,166
Sithe/Independence Funding, Ser A, 9.000%, 12/30/13		2,900		3,104
				66,583
Electronics (0.3%)
Flextronics International Ltd., 6.500%, 05/15/13		2,625		2,507
Entertainment (1.7%)
Pokagon Gaming Authority, 10.375%, 06/15/14, Callable 06/15/10 @ 105.19(b)		2,085		2,288
Seneca Gaming Corp., Ser B, 7.250%, 05/01/12, Callable 05/01/08 @ 103.63		821		827
Shingle Springs Tribal Gaming Authority, 9.375%, 06/15/15, Callable 06/15/11 @ 104.69(b)(d)		3,110		3,141
WMG Acquisition Corp., 7.375%, 04/15/14, Callable 04/15/09 @ 103.688		6,087		5,296

See Notes to Financial Statements.

58

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix High Yield Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Entertainment—continued
WMG Holdings Corp., 10.148%, 12/15/14, Callable 12/15/09 @ 104.75(e)(f)		2,063		1,444
				12,996
Food (1.9%)
Del Monte Corp., 8.625%, 12/15/12, Callable 12/15/07 @ 104.31		5,627		5,711
Smithfield Foods, Inc., 7.750%, 07/01/17		4,235		4,341
Smithfield Foods, Inc., Ser B, 8.000%, 10/15/09		1,870		1,931
Stater Brothers Holdings, 7.750%, 04/15/15, Callable 04/15/11 @ 103.88		2,790		2,762
				14,745
Forest Products & Paper (1.1%)
Abitibi-Consolidated, Inc., 6.950%, 04/01/08		265		253
Boise Cascade LLC, 8.231%, 10/15/12, Callable 08/21/12 @ 102(a)		4,115		4,115
Verso Paper Holdings, Ser B, 9.106%, 08/01/14, Callable 08/01/08 @ 102(a)		4,605		4,628
				8,996
Health Care (5.0%)
Community Health Systems, Inc., 8.875%, 07/15/15, Callable 07/15/11 @ 104.44(b)		14,745		15,150
HCA, Inc., 9.125%, 11/15/14, Callable 11/15/10 @ 104.56(b)		10,845		11,442
HCA, Inc., 9.250%, 11/15/16, Callable 11/15/11 @ 104.63(b)		7,635		8,112
HCA, Inc., 9.625%, 11/15/16, Callable 11/15/11 @ 104.81(b)		180		192
Universal Hospital Services, Inc., 8.500%, 06/01/15, Callable 06/01/11 @ 104.25(b)		4,055		4,014
Universal Hospital Services, Inc., 8.759%, 06/01/15, Callable 06/01/09 @ 102(a)(b)		780		776
				39,686
Industrials (1.0%)
Aleris International, Inc., 9.000%, 12/15/14, Callable 12/15/10 @ 104.50		3,340		3,089
Mueller Water Products, 7.375%, 06/01/17, Callable 06/01/17 @ 103.69(b)		5,435		5,055
				8,144
Insurance (1.9%)
AFC Capital Trust I, Ser B, 8.207%, 02/03/27		4,142		4,012
Crum & Forster Holdings Corp., 7.750%, 05/01/17, Callable 05/01/12 @ 103.88		4,425		4,204
Fairfax Financial Holdings, 7.750%, 06/15/17, Callable 06/15/12 @ 103.88(d)		3,075		2,929
Hub International Holdings, 9.000%, 12/15/14, Callable 06/15/11 @ 104.50(b)		4,025		3,864
				15,009
Lodging (2.0%)
Boyd Gaming Corp., 7.750%, 12/15/12, Callable 12/15/07 @ 103.88(d)		3,560		3,658
Caesars Entertainment, Inc., 7.875%, 03/15/10		1,055		1,076
Harrahs Operating Co., Inc., 5.375%, 12/15/13		3,305		2,677
Harrahs Operating Co., Inc., 5.750%, 10/01/17		920		704
MGM Mirage, Inc., 8.500%, 09/15/10		905		946
MGM Mirage, Inc., 6.625%, 07/15/15		3,555		3,373
MGM Mirage, Inc., 7.500%, 06/01/16		755		750
San Pasqual Casino, 8.000%, 09/15/13, Callable 09/15/09 @ 104(b)		2,865		2,893
				16,077
Machinery Diversified (0.4%)
Chart Industries, Inc., 9.125%, 10/15/15, Callable 10/15/10 @ 104.56		2,700		2,794

See Notes to Financial Statements.

59

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix High Yield Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Media (8.0%)
Block Communications, Inc., 8.250%, 12/15/15, Callable 12/15/10 @ 104.13(b)		975		970
Charter Communications LLC, 8.000%, 04/30/12(b)		985		980
Charter Communications LLC, 8.375%, 04/30/14, Callable 04/30/09 @ 104.19(b)		2,985		3,000
Clear Channel Communications, Inc., 4.400%, 05/15/11		1,455		1,248
Clear Channel Communications, Inc., 7.650%, 09/15/10		1,800		1,784
Clear Channel Communications, Inc., 5.500%, 09/15/14(d)		3,200		2,513
Dex Media, Inc., 8.000%, 11/15/13, Callable 11/15/08 @ 104		360		363
DirecTV Holdings LLC, 8.375%, 03/15/13, Callable 03/15/08 @ 104.19		7,435		7,723
EchoStar DBS Corp., 7.125%, 02/01/16		6,120		6,288
General Cable Corp., 7.735%, 04/01/15, Callable 4/01/09 @ 102(a)		2,720		2,638
Kabel Deutschland GmbH, 10.625%, 07/01/14, Callable 07/01/09 @ 105.31		7,335		7,848
LIN Television Corp., 6.500%, 05/15/13, Callable 05/15/12 @ 103.25(d)		2,600		2,529
LIN Television Corp., Ser B, 6.500%, 05/15/13, Callable 05/15/08 @ 103.25		2,305		2,242
Mediacom Broadband LLC, 9.500%, 01/15/13, Callable 01/15/08 @ 101.58		1,000		1,013
Mediacom Broadband LLC, 8.500%, 10/15/15, Callable 10/15/10 @ 104.25		10,875		10,902
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 03/15/11 @ 103.88		4,700		4,483
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 03/15/11 @ 103.88(b)		3,540		3,376
Rogers Cable, Inc., 8.750%, 05/01/32		1,400		1,650
Media—continued
Univision Communication, Inc., 7.850%, 07/15/11		1,650		1,650
				63,200
Miscellaneous Manufacturer (0.6%)
American Railcar Industries, 7.500%, 03/01/14, Callable 03/01/11 @ 103.75		1,755		1,746
Bombardier, Inc., 6.300%, 05/01/14(b)		1,340		1,313
Bombardier, Inc., 8.000%, 11/15/14, Callable 11/15/10 @ 104(b)		1,900		1,991
				5,050
Oil & Gas (6.7%)
Cie Generale De Geophysique, 7.500%, 05/15/15, Callable 05/15/10 @ 103.75		6,225		6,412
Cie Generale De Geophysique, 7.750%, 05/15/17, Callable 05/15/12 @ 103.88		1,510		1,555
Cimarex Energy Co., 7.125%, 05/01/17, Callable 05/01/12 @ 103.56		1,995		1,980
Compton Petroleum Finance Corp., 7.625%, 12/01/13, Callable 12/01/09 @ 103.81		4,415		4,260
Mariner Energy, Inc., 8.000%, 05/15/17, Callable 05/15/12 @ 104		2,415		2,361
OPTI Canada, Inc., 7.875%, 12/15/14, Callable 12/15/10 @ 104.13(b)		8,170		8,170
OPTI Canada, Inc., 8.250%, 12/15/14, Callable 12/15/10 @ 104.13(b)(d)		9,585		9,657
Petrohawk Energy Corp., 9.125%, 07/15/13, Callable 07/15/10 @ 104.56		5,645		5,955
Sabine Pass LNG LP, 7.250%, 11/30/13		2,895		2,852
Sabine Pass LNG LP, 7.500%, 11/30/16		4,540		4,472
United Refining Co., 10.500%, 08/15/12, Callable 08/15/08 @ 105.25		260		268

See Notes to Financial Statements.

60

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix High Yield Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Oil & Gas—continued
United Refining Co., 10.500%, 08/15/12, Callable 08/15/08 @ 105.25(b)		2,445		2,518
Western Oil Sands, Inc., 8.375%, 05/01/12		2,024		2,234
				52,694
Packaging & Containers (0.8%)
Graphic Packaging International, 9.500%, 08/15/13, Callable 08/15/08 @ 104.75(d)		3,200		3,288
Silgan Holdings, Inc., 6.750%, 11/15/13, Callable 11/15/08 @ 103.38		3,000		2,910
				6,198
Pipelines (0.8%)
Dynegy Holdings, Inc., 7.500%, 06/01/15(b)		1,685		1,626
Markwest Energy Partners LP, Ser B, 8.500%, 07/15/16, Callable 07/15/11 @ 104.25		3,295		3,246
Targa Resources, Inc., 8.500%, 11/01/13, Callable 11/01/09 @ 104.25(b)		845		845
Transcontinental Gas Pipe Line Corp., Ser B, 8.875%, 07/15/12		325		361
				6,078
Real Estate (0.8%)
American Real Estate Partners LP, 8.125%, 06/01/12, Callable 06/01/08 @ 104.06		1,275		1,264
American Real Estate Partners LP, 7.125%, 02/15/13, Callable 02/15/09 @ 103.56(b)		2,745		2,615
American Real Estate Partners LP, 7.125%, 02/15/13, Callable 02/15/09 @ 103.56		2,810		2,676
				6,555
REITS (0.4%)
Host Marriott LP, 7.125%, 11/01/13, Callable 11/01/08 @ 103.56		995		1,003
Omega Healthcare Investors, Inc., 7.000%, 04/01/14, Callable 04/01/09 @ 103.50		2,268		2,262
				3,265
Retail (0.8%)
Asbury Automotive Group, Inc., 7.625%, 03/15/17, Callable 03/15/12 @ 103.81(b)		1,845		1,697
Gamestop Corp., 9.224%, 10/01/11, Callable 10/01/07 @ 102(a)		1,075		1,097
Gamestop Corp., 8.000%, 10/01/12, Callable 10/01/09 @ 104		2,025		2,106
Rite Aid Corp., 8.125%, 05/01/10, Callable 05/01/08 @ 102.03		1,270		1,273
				6,173
Semiconductors (1.8%)
Amkor Technologies, Inc., 7.125%, 03/15/11		1,650		1,600
Amkor Technologies, Inc., 9.250%, 06/01/16, Callable 06/01/11 @ 104.63(d)		6,295		6,358
Avago Technologies Finance Ltd., 11.080%, 06/01/13, Callable 12/01/07 @ 102(a)		2,110		2,152
Freescale Semiconductor, 8.875%, 12/15/14, Callable 12/15/10 @ 104.44(d)		970		936
Freescale Semiconductor, 10.125%, 12/15/16, Callable 12/15/11 @ 105.06(d)		3,760		3,497
				14,543
Telecommunication Services (9.7%)
Alltel Corp., 7.000%, 07/01/12		1,975		1,788
Citizens Communications Co., 9.000%, 08/15/31		2,320		2,355
GCI, Inc., 7.250%, 02/15/14, Callable 02/15/09 @ 103.62		3,460		3,201
Inmarsat Finance II PLC, 7.522%, 11/15/12, Callable 11/15/08 @ 105.19(e)(f)		4,980		4,768
Inmarsat Group Ltd., 7.625%, 06/30/12, Callable 03/01/08 @ 103.81		2,679		2,759
Intelsat Subsidiary Holding Co. Ltd., 8.250%, 01/15/13, Callable 01/15/09 @ 104.13		12,235		12,419

See Notes to Financial Statements.

61

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Seix High Yield Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Telecommunication Services—continued
Nordic Telephone Co. Holdings, 8.875%, 05/01/16, Callable 05/01/11 @ 104.438(b)(d)		4,495		4,742
NTL Cable PLC, 8.750%, 04/15/14, Callable 04/15/09 @ 104.375		6,064		6,216
Qwest Communications International, Inc., 9.058%, 02/15/09, Callable 02/15/08 @ 100(a)(d)		2,245		2,267
Qwest Communications International, Inc., 7.250%, 02/15/11, Callable 02/15/08 @ 103.62		8,275		8,368
Qwest Corp., 8.944%, 06/15/13(a)		3,000		3,202
Rogers Wireless, Inc., 9.625%, 05/01/11		1,118		1,259
Telcordia Technologies, Inc., 9.110%, 07/15/12, Callable 07/15/08 @ 102(a)(b)		12,335		11,503
Valor Telecommunications Enterprise LLC, 7.750%, 02/15/15, Callable 02/15/10 @ 103.88(d)		2,580		2,704
Wind Acquisition Finance SA, 10.750%, 12/01/15, Callable 12/01/10 @ 105.38(b)		900		997
Windstream Corp., 8.625%, 08/01/16, Callable 08/01/11 @ 104.31(d)		8,175		8,717
				77,265
Transportation (0.8%)
Bristow Group, Inc., 7.500%, 09/15/17, Callable 09/15/12 @ 103.75(b)(d)		3,195		3,259
CHC Helicopter Corp., 7.375%, 05/01/14, Callable 05/01/09 @ 103.69		2,997		2,847
				6,106
Total Corporate Bonds (Cost $696,368)				690,256
U.S. Treasury Obligation (0.4%)
U.S. Treasury Bill (0.4%) 3.399%, 10/18/07(e)		3,000		2,996
Total U.S. Treasury Obligation (Cost $2,992)				2,996
	Shares or
	Principal
	Amount($)		Value($)
Short-Term Investment (12.9%)
Credit Suisse Flagship Fund (USA) LLC(g)		101,321,875		101,322
Total Short-Term Investment (Cost $101,322)				101,322
Repurchase Agreements (4.6%)
HSBC Securities, Inc., 4.915%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $21,911 (collateralized by U.S. Government Agency; 5.500%, due 09/01/37; total market value $22,345)	$	21,902		21,902
Lehman Brothers, Inc., 5.015%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $14,385 (collateralized by U.S. Government Agency; 6.000%, due 05/01/37; total market value $14,669)		14,379		14,379
Total Repurchase Agreements (Cost $36,281)				36,281
Total Investments (Cost $910,487) (h) — 114.7%				904,322
Liabilities in excess of other assets — (14.7)%				(116,263	)
Net Assets — 100.0%			$	788,059

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 35% of net assets as of September 30, 2007.
(c)	This security has not settled as of September 30, 2007 and thus does not have a rate in effect. The security does not have a stated settlement date and will receive a rate upon settling with the custodian.
(d)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $96,818.
(e)	Rate represents the effective yield at purchase.
(f)	Step bond.
(g)	This security was purchased with cash collateral held from securities lending.

See Notes to Financial Statements.

62

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Seix High Yield Fund — concluded

(h) Cost for federal income tax purposes is $912,647 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	6,970
Unrealized Depreciation		(15,295	)
Unrealized Depreciation	$	(8,325	)

LLC	— Limited Liability Company
LP	— Limited Partnership
PLC	— Public Limited Company
REIT	— Real Estate Investment Trust
Ser	— Series

At September 30, 2007, liquid assets totaling $62,202, in thousands, have been designated as collateral for open swap agreements.

As of September 30, 2007, the fund had the following unfunded loan commitments:

			Unrealized
	Unfunded		Appreciation
Borrower	Commitments ($)		(Depreciation) ($)
Calpine Corp. 0.500%, 03/29/09		5,000		(400	)
Umbrella Acquisition, 0.500%, 03/29/14		5,000		(317	)
				(717	)

The commitments are available until the maturity date of the respective security.

Credit Default Swap Agreements

		Notional			Fixed		Expiration
Underlying Instrument	Counterparty	Amount ($)			Rate (%)		Date		Value ($)
Abitibi Consolidated, Inc.	JP Morgan		8,000			2.80		06/20/08		(490	)
Abitibi Consolidated, Inc.	JP Morgan		8,500			3.45		06/20/08		(484	)
Centex Corp.	Deutsche Bank		(2,000	)		2.70		12/20/12		42
General Motors Corp.	Bank of America		3,500			6.40		09/20/12		197
General Motors Corp.	Citibank N.A.		5,000			5.75		12/20/12		154
Lennar Corp.	Morgan Stanley		(1,000	)		3.15		12/20/12		8
North America High Yield Index; Series 8	Bank of America		(10,000	)		2.75		06/20/12		(625	)
										(1,198	)

See Notes to Financial Statements.

63

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Short-Term Bond Fund

	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (3.5%)
Automobile ABS (3.5%)
Capital Auto Receivables Asset Trust, Ser 2006-1, Cl A3, 5.030%, 10/15/09		2,815		2,810
Capital One Prime Auto Receivable Trust, Ser 2006-1 Cl A3, 4.990%, 09/15/10		3,198		3,194
Honda Auto Receivables Owner Trust, Ser 2005-6, Cl A3, 4.917%, 10/19/09		2,174		2,170
USAA Auto Owner Trust, Ser 2006-4 Cl A3, 5.010%, 06/15/11		5,000		4,995
Total Asset-Backed Securities (Cost $13,181)				13,169
Collateralized Mortgage Obligations (23.6%)
Adjustable Rate Mortgage Trust, Ser 2005-1, Cl 2A22, 4.578%, 05/25/35(a)		1,640		1,615
Banc of America Commercial Mortgage, Inc., Ser 2004-2, Cl A2, 3.520%, 11/10/38		1,462		1,436
Banc of America Commercial Mortgage, Inc., Ser 2004-5, Cl A3, 4.561%, 11/10/41		2,300		2,252
Bear Stearns Alternative-A Trust, Ser 2006-2, Cl 23A1, 5.947%, 03/25/36(a)		3,840		3,838
Bear Stearns Commercial Mortgage Securities, Ser 2004-ESA, Cl C, 4.937%, 05/14/16(b)		3,000		3,013
Bear Stearns Commercial Mortgage Securities, Ser 2005-T20, Cl A1, 4.940%, 10/12/42		1,535		1,531
CS First Boston Mortgage Securities Corp., Ser 2004-C3, Cl A3, 4.221%, 07/15/36		3,600		3,556
CS First Boston Mortgage Securities Corp., Ser 2005-C1, Cl A2, 4.609%, 02/15/38		4,435		4,389
Deutsche Mortgage Securities, Inc., Ser 2004-5, Cl A2, 4.980%, 07/25/34		3,500		3,491
Collateralized Mortgage Obligations—continued
First Horizon Alternative Mortgage Securities, Ser 2005-AA3, Cl 2A1, 5.185%, 05/25/35(a)		2,502		2,476
First Horizon Alternative Mortgage Securities, Ser 2005-AA7, Cl 2A1, 5.411%, 09/25/35(a)		2,209		2,213
Greenwich Capital Commercial Funding Corp., Ser 2004-GG1, Cl A3, 4.404%, 06/10/36		2,150		2,131
Greenwich Capital Commercial Funding Corp., Ser 2005-GG3, Cl A2, 4.305%, 08/10/42		4,810		4,740
Greenwich Capital Commercial Funding Corp., Ser 2005-GG5, Cl A2, 5.117%, 04/10/37		3,200		3,206
GSR Mortgage Loan Trust, Ser 2007-AR1, Cl 2A1, 6.013%, 03/25/37(a)		3,123		3,151
J.P. Morgan Chase Commercial Mortgage Securities, Ser 2005-LDP1, Cl A2, 4.625%, 03/15/46		3,395		3,361
LB Commercial Conduit Mortgage Trust, Ser 1998-C4, Cl A1B, 6.210%, 10/15/35		1,867		1,879
LB-UBS Commercial Mortgage Trust, Ser 2005-C1, Cl A2, 4.310%, 02/15/30		4,500		4,430
MASTR Adjustable Rate Mortgages Trust, Ser 2007-1, Cl 2A1, 5.995%, 11/25/36(a)		4,455		4,475
Morgan Stanley Capital I, Ser 1998-XL2, Cl A2, 6.170%, 10/03/34		5,326		5,377
Morgan Stanley Capital I, Ser 2006-HQ8, Cl A1, 5.195%, 03/12/44		1,053		1,051
Residential Accredit Loans, Inc., Ser 2003-QS17, Cl CB3, 5.500%, 09/25/33		2,834		2,832
Wachovia Bank Commercial Mortgage Trust, Ser 2002-C1 Cl A2, 5.681%, 04/15/34		853		856

See Notes to Financial Statements.

64

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Short-Term Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C16, Cl A2, 4.380%, 10/15/41		4,105		4,050
Wells Fargo Mortgage Backed Securities Trust, Ser 2004-S, Cl A5, 3.539%, 09/25/34(a)		3,420		3,356
Wells Fargo Mortgage Backed Securities Trust, Ser 2006-16, Cl A12, 5.432%, 11/25/36		4,761		4,723
Wells Fargo Mortgage Backed Securities Trust, Ser 2006-AR8, Cl 2A4, 5.240%, 04/25/36(a)		3,933		3,919
Wells Fargo Mortgage Backed Securities Trust, Ser 2006-AR8, Cl 3A1, 5.238%, 04/25/36(a)		4,486		4,473
Total Collateralized Mortgage Obligations (Cost $87,433)				87,820
Corporate Bonds (18.6%)
Auto Parts & Equipment (0.3%)
Johnson Controls, Inc., 5.250%, 01/15/11		1,250		1,251
Banks (1.6%)
JPMorgan Chase & Co., 7.000%, 11/15/09		2,540		2,638
Wachovia Corp., 6.375%, 02/01/09		3,300		3,354
				5,992
Beverages (0.9%)
Diageo Capital PLC, 3.375%, 03/20/08		3,225		3,194
Chemicals (0.2%)
Equistar Chemical Funding Corp., 10.125%, 09/01/08		841		868
Commercial Services (0.3%)
ERAC USA Finance Co., 7.350%, 06/15/08(b)		1,125		1,137
Diversified Financial Services (8.6%)
Boeing Capital Corp., 4.750%, 08/25/08		2,437		2,435
Diversified Financial Services—continued
Caterpillar Financial Services Corp., 4.150%, 01/15/10		1,715		1,688
Citigroup, Inc., 6.200%, 03/15/09		3,225		3,280
General Electric Capital Corp., Ser A, 4.125%, 09/01/09		2,125		2,095
HSBC Finance Corp., 4.125%, 11/16/09		2,720		2,651
ING USA Global Trust, 4.500%, 10/01/10		2,500		2,475
International Lease Finance Corp., 5.750%, 06/15/11		3,250		3,280
John Deere Capital Corp., Ser D, 4.875%, 03/16/09		2,806		2,801
Lehman Brothers Holdings, Inc., Ser G, 4.250%, 01/27/10		2,455		2,378
Lehman Brothers Holdings, Inc., Ser I, 6.000%, 07/19/12		1,925		1,955
Merrill Lynch & Co., Inc., 4.831%, 10/27/08		2,060		2,035
Morgan Stanley, 4.000%, 01/15/10		3,500		3,419
Wells Fargo & Co., 4.200%, 01/15/10		1,275		1,254
				31,746
Energy (0.5%)
MidAmerican Energy Holdings Co., 3.500%, 05/15/08		2,000		1,977
Media (1.7%)
Comcast Cable Communication, Inc., 6.750%, 01/30/11		1,750		1,815
Cox Communications, Inc., 7.750%, 11/01/10		1,705		1,817
News America, Inc., 6.625%, 01/09/08(c)		1,810		1,816
Time Warner Entertainment Co., 7.250%, 09/01/08		810		819
				6,267
Miscellaneous Manufacturer (1.5%)
Avon Products, Inc., 7.150%, 11/15/09		2,195		2,301
Honeywell International, Inc., 7.500%, 03/01/10		3,165		3,354
				5,655

See Notes to Financial Statements.

65

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Short-Term Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Oil & Gas (0.6%)
Anadarko Petroleum Corp., 3.250%, 05/01/08		1,470		1,451
Enterprise Products Partners LP, Ser B, 4.625%, 10/15/09		740		734
				2,185
Pipelines (0.2%)
ONEOK Partners LP, 7.100%, 03/15/11		886		931
REITS (0.4%)
Simon Property Group LP, 6.375%, 11/15/07		1,500		1,501
Retail (0.9%)
Wal-Mart Stores, Inc., 6.875%, 08/10/09		3,080		3,184
Telecommunication Services (0.6%)
BellSouth Telecommunications, Inc., 5.875%, 01/15/09		1,450		1,464
SBC Communications, Inc., 4.125%, 09/15/09		790		777
				2,241
Transportation (0.3%)
Union Pacific Corp., 6.650%, 01/15/11		1,215		1,253
Total Corporate Bonds (Cost $69,304)				69,382
Master Note (1.6%)
Banks (1.6%)
Bank of America Corp., 5.310%(a)(g)		6,001		6,000
Total Master Note (Cost $6,000)				6,000
U.S. Government Agencies (8.8%)
Fannie Mae (1.6%) 5.200%, 11/20/09, Callable
05/20/08 @ 100(c)		3,500		3,515
5.080%, 05/14/10, Callable
05/14/09 @ 100(c)		2,275		2,294
				5,809
Federal Home Loan Bank (3.7%)
5.000%, 10/16/09, Callable 10/16/08 @ 100(c)		7,930		7,967
5.300%, 01/22/10, Callable
01/22/08 @ 100(c)		3,525		3,533
Federal Home Loan Bank—continued
5.000%, 03/12/10		2,375		2,406
				13,906
Freddie Mac (3.5%) 5.000%, 11/01/10, Callable 11/01/07 @ 100		3,680		3,682
5.125%, 11/24/10, Callable
11/24/08 @ 100		5,375		5,410
5.400%, 02/02/12, Callable
02/02/09 @ 100		3,850		3,893
				12,985
Total U.S. Government Agencies (Cost $32,450)				32,700
U.S. Government Agency Mortgages (25.8%)
Fannie Mae (17.1%)
6.900%, 11/01/07		412		411
6.070%, 10/01/08		2,061		2,065
6.652%, 07/01/09		1,914		1,931
6.850%, 08/01/09		3,832		3,908
7.736%, 02/01/10		2,750		2,870
6.960%, 10/01/10(a)		2,782		2,898
7.010%, 11/01/10		3,014		3,148
5.620%, 02/01/12		3,995		4,079
4.628%, 08/01/13		4,992		4,940
4.000%, 12/01/14		2,941		2,862
4.500%, 07/01/15		2,125		2,091
4.500%, 01/25/25		5,281		5,240
5.000%, 11/25/26		1,703		1,700
6.000%, 12/25/30		2,610		2,647
7.184%, 09/01/33(a)		546		554
6.000%, 10/01/33		5,000		5,006
7.154%, 10/01/33(a)		800		811
4.332%, 03/01/34(a)		1,817		1,854
4.666%, 05/01/35(a)		5,218		5,164
4.827%, 06/01/35(a)		3,768		3,738
5.361%, 06/01/36(a)		5,853		5,855
				63,772
Freddie Mac (7.4%)
4.000%, 07/01/08		1,414		1,397
3.750%, 12/15/11		1,497		1,472
5.741%, 01/25/12(a)		2,250		2,271
5.875%, 05/15/16(a)		3,228		3,254
4.500%, 08/15/19		93		91
5.000%, 12/15/20		1,098		1,098
5.500%, 04/15/26		4,132		4,151
4.500%, 10/15/28		2,068		2,045
4.283%, 03/01/34(a)		1,708		1,717

See Notes to Financial Statements.

66

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Short-Term Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Freddie Mac—continued
4.924%, 04/01/34(a)		1,246		1,271
6.258%, 09/01/36(a)		3,385		3,450
5.517%, 04/01/37(a)		5,423		5,405
				27,622
Ginnie Mae (1.3%)
5.991%, 02/16/24(a)		524		530
3.701%, 05/16/25		4,631		4,513
				5,043
Total U.S. Government Agency Mortgages (Cost $96,462)				96,437
U.S. Treasury Obligations (17.6%)
U.S. Treasury Notes (17.6%)
4.500%, 02/15/09(c)		8,860		8,920
3.500%, 08/15/09(c)		34,210		33,926
3.500%, 02/15/10(c)		2,335		2,309
4.750%, 02/15/10(c)		1,110		1,129
4.125%, 08/15/10(c)		19,300		19,363
Total U.S. Treasury Obligations (Cost $65,168)				65,647
Short-Term Investment (20.6%)
Credit Suisse Flagship Fund (USA) LLC (d)		76,789,313		76,789
Total Short-Term Investment (Cost $76,789)				76,789
Money Market Fund (2.6%)
STI Classic Institutional Cash Management Money Market Fund(e)		9,507,358		9,507
Total Money Market Fund (Cost $9,507)				9,507
Total Investments (Cost $456,294) (f) — 122.7%				457,451
Liabilities in excess of other assets — (22.7)%				(84,661	)
Net Assets — 100.0%			$	372,790

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 1.1% of net assets as of September 30, 2007.
(c)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $74,716.
(d)	This security was purchased with cash collateral held from securities lending.
(e)	Affiliate investment.
(f)	Cost for federal income tax purposes is $456,686 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	1,457
Unrealized Depreciation		(692	)
Unrealized Appreciation	$	765

(g)	Perpetual maturity.
Cl	— Class
LP	— Limited Partnership
PLC	— Public Limited Company
REIT	— Real Estate Investment Trust
Ser	— Series

As of September 30, 2007, liquid assets totaling $4,715, in thousands, have been designated as collateral for open swap agreements.

See Notes to Financial Statements.

67

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares and Contracts)

(Unaudited)

Short-Term Bond Fund — concluded

Open Futures Contracts

								Unrealized
		Notional		Expiration				Appreciation
Description	Type	Amount ($)		Month		Contracts		(Depreciation) ($)
U.S. 10YR Note	Short		3,060		12/07		28		(4	)

Credit Default Swap Agreements

Notional

Fixed

Expiration

Underlying Instrument

Counterparty

Amount ($)

Rate %

Date

Value ($)

Merrill Lynch & Co., Inc.

Barclays Bank PLC

8,500

0.95

09/20/12

270

Merrill Lynch & Co., Inc.

Barclays Bank PLC

(5,000

)

1.06

09/20/17

(68

)

202

See Notes to Financial Statements.

68

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Short-Term U.S. Treasury Securities Fund

	Shares or
	Principal
	Amount($)		Value($)
U.S. Treasury Obligations (97.7%)
U.S. Treasury Notes (97.7%)
3.750%, 05/15/08		3,150		3,142
4.375%, 11/15/08(a)		23,000		23,090
4.875%, 08/15/09		27,000		27,434
4.125%, 08/15/10(a)		9,000		9,029
4.500%, 11/15/10(a)		2,500		2,534
4.625%, 02/29/12(a)		4,000		4,071
Total U.S. Treasury Obligations (Cost $68,548)				69,300
Short-Term Investments (46.2%)
Credit Suisse Flagship Fund (USA) LLC(b)		32,777,375		32,777
Total Short-Term Investments (Cost $32,777)				32,777
Money Market Fund (1.5%)
Federated U.S. Treasury Cash Reserve Fund		1,098,542		1,099
Total Money Market Fund (Cost $1,099)				1,099
Total Investments (Cost $102,424)(c) — 145.4%				103,176
Liabilities in excess of other assets — (45.4)%				(32,229	)
Net Assets — 100.0%			$	70,947

(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $31,762.
(b)	This security was purchased with cash collateral held from securities lending.
(c)	Cost for federal income tax purposes is $102,473 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	703
Unrealized Depreciation		0
Unrealized Appreciation	$	703

See Notes to Financial Statements.

69

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Strategic Income Fund

	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (0.7%)
Collateralized Loan Obligations ABS (0.7%)
Commercial Industrial Finance Corp., Ser 2006-1BA, Cl B2L, 9.210%, 12/22/20(a)(b)		280		213
Muir Grove CLO Ltd., Ser 2007-1A, Cl B, 7.348%, 03/25/20(a)(b)		500		498
				711
Total Asset-Backed Securities (Cost $698)				711
Bank Loans (5.8%)
Commercial Services (1.5%)
Cengage Learning, Inc., 7.950%, 07/03/14(a)(c)		625		607
Merrill Corp., 11.629%, 10/01/13(a)(c)		1,000		970
				1,577
Diversified Financial Services (3.5%)
Cenveo Corp., 9.629%, 06/21/14(a)(c)		425		425
Clark American Corp., 0.000%, 04/01/14(a)(c)(d)		640		594
East Valley Tourist Development Authority, 10.860%, 08/06/14(a)(c)		1,100		1,088
First Data Corp., 0.000%, 09/24/14(a)(c)(d)		750		724
First Data Corp., 0.000%, 09/24/14(a)(c)(d)		750		722
				3,553
Telecommunications (0.8%)
Wind Acquisition Holdings, 12.609%, 12/07/11(a)(c)		802		810
Total Bank Loans (Cost $5,957)				5,940
Commercial Paper (0.4%)
Diversified Financial Services (0.4%)
General Electric Capital Corp., 5.256%, 11/21/07(e)		410		408
Total Commercial Paper (Cost $407)				408
Collateralized Mortgage Obligations (9.9%)
Banc of America Commercial Mortgage Inc., Ser 2005-6 Cl A4, 5.353%, 09/10/47(a)		3,000		2,965
Collateralized Mortgage Obligations—continued
Greenwich Capital Commercial Funding Corp., Ser 2006-GG7, Cl A4, 6.111%, 07/10/38(a)		4,000		4,123
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2006-CB16, Cl A4, 5.552%, 05/12/45		3,000		3,000
				10,088
Total Collateralized Mortgage Obligations (Cost $9,760)				10,088
Corporate Bonds (39.6%)
Advertising (1.9%)
Affinion Group, Inc., 11.500%, 10/15/15, Callable 10/15/10 @ 105.75		480		504
Quebecor World Capital Corp., 8.750%, 03/15/16, Callable 03/15/11 @ 104.38(c)		90		82
Quebecor World, Inc., 9.750%, 01/15/15, Callable 01/15/11 @ 104.88(c)		960		919
R.H. Donnelley Corp., 8.875%, 10/15/17, Callable 10/15/12 @ 104.44(c)		410		416
				1,921
Aerospace/Defense (0.1%)
Hawker Beechcraft Corp., 8.500%, 04/01/15, Callable 04/01/11 @ 104.25(c)		150		153
Apparel (1.7%)
Hanesbrands, Inc., 8.784%, 12/15/14, Callable 12/15/08 @ 102(a)		230		229
Levi Strauss & Co., 8.875%, 04/01/16, Callable 04/01/11 @ 104.44		1,500		1,545
				1,774
Auto Manufacturers (1.6%)
General Motors Corp., 8.375%, 07/15/33(f)		1,855		1,626
Beverages (0.1%)
Cott Beverages, Inc., 8.000%, 12/15/11, Callable 12/15/07 @ 102.67		140		138

See Notes to Financial Statements.

70

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Strategic Income Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Chemicals (0.8%)
Ineos Group Holdings PLC, 8.500%, 02/15/16, Callable 02/15/11 @ 104.25(c)(f)		895		857
Commercial Services (3.2%)
Atlantic Broadband, Inc., 9.375%, 01/15/14, Callable 01/15/09 @ 104.69		625		606
Deluxe Corp., 7.375%, 06/01/15, Callable 06/01/11 @ 103.69		80		79
Deluxe Corp., Ser B, 5.125%, 10/01/14		175		151
Hertz Corp., 10.500%, 01/01/16, Callable 01/01/11 @ 105.25(f)		315		340
United Rentals NA, Inc., 6.500%, 02/15/12, Callable 02/15/08 @ 103.25		320		324
United Rentals NA, Inc., 7.750%, 11/15/13, Callable 11/15/08 @ 103.88(f)		980		1,009
Valassis Communication, 8.250%, 03/01/15, Callable 03/01/11 @ 104.13		340		296
Visant Holdings Corp., 8.750%, 12/01/13, Callable 12/01/08 @ 106.563		490		501
				3,306
Diversified Financial Services (4.6%)
Buffalo Thunder Development Authority, 9.375%, 12/15/14, Callable 12/15/10 @ 104.69(c)		170		160
Ford Motor Credit Co., 8.625%, 11/01/10		1,275		1,263
Galaxy Entertainment Financial, 10.409%, 12/15/10, Callable 12/15/08 @ 101.50(a)(c)		150		153
GMAC LLC, 6.625%, 05/15/12		230		215
GMAC LLC, 6.750%, 12/01/14		75		68
GMAC LLC, 8.000%, 11/01/31		450		441
Hexion US Finance Corp., 9.750%, 11/15/14, Callable 11/15/10 @ 104.88		400		440
Diversified Financial Services—continued
Hexion US Finance Corp., 10.058%, 11/15/14, Callable 11/15/08 @ 102(a)		75		77
IDEARC, Inc., 8.000%, 11/15/16, Callable 11/15/11 @ 104		700		698
Level 3 Financing, Inc., 12.250%, 03/15/13, Callable 03/15/10 @ 106.13		35		39
Level 3 Financing, Inc., 9.150%, 02/15/15, Callable 02/15/09 @ 102(a)		60		57
Nielsen Finance LLC, 10.000%, 08/01/14, Callable 08/01/10 @ 105		420		444
NSG Holdings LLC, 7.750%, 12/15/25(c)		450		446
Snoqualmie Enterprise Authority, 9.125%, 02/01/15, Callable 02/01/11 @ 104.56(c)		40		39
				4,540
Diversified Minerals (0.5%)
FMG Finance Property Ltd., 10.625%, 09/01/16(c)		400		471
Diversified Operations (1.1%)
Activant Solutions, Inc., 9.500%, 05/01/16, Callable 05/01/11 @ 104.75		985		867
Freeport-McMoRan Copper & Gold, Inc., 8.564%, 04/01/15, Callable 04/01/09 @ 102(a)		255		265
				1,132
Electric (3.7%)
Aquila, Inc., 12.073%, 07/01/12		1,040		1,310
InterGen NV, 9.000%, 06/30/17, Callable 06/30/12 @ 104.50(c)		600		630
Mirant North America LLC, 7.375%, 12/31/13, Callable 12/31/09 @ 103.69		990		1,005
Reliant Energy, Inc., 6.750%, 12/15/14, Callable 12/15/09 @ 103.38		880		889
				3,834

See Notes to Financial Statements.

71

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Strategic Income Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Entertainment (0.2%)
Pokagon Gaming Authority, 10.375%, 06/15/14, Callable 06/15/10 @ 105.19(c)		90		99
Shingle Springs Tribal Gaming Authority, 9.375%, 06/15/15, Callable 06/15/11 @ 104.69(c)		100		101
				200
Food (0.3%)
Smithfield Foods, Inc., 7.750%, 07/01/17		345		354
Health Care (4.2%)
Community Health Systems, Inc., 8.875%, 07/15/15, Callable 07/15/11 @ 104.44(c)		1,200		1,233
HCA, Inc., 9.625%, 11/15/16, Callable 11/15/11 @ 104.81(b)(c)		1,240		1,324
Universal Hospital Services, Inc., 8.500%, 06/01/15, Callable 06/01/11 @ 104.25(c)		125		124
Universal Hospital Services, Inc., 8.759%, 06/01/15, Callable 06/01/09 @ 102(a)(c)		870		865
US Oncology, Inc., 10.750%, 08/15/14, Callable 08/15/09 @ 105.38		675		697
				4,243
Insurance (0.2%)
Crum & Forster Holdings Corp., 7.750%, 05/01/17, Callable 05/01/12 @ 103.88		210		200
Lodging (0.6%)
Harrahs Operating Co., Inc., 5.750%, 10/01/17		860		658
Machinery Diversified (1.3%)
Chart Industries, Inc., 9.125%, 10/15/15, Callable 10/15/10 @ 104.56		1,250		1,294
Media (4.4%)
Bonten Media Acquisition, 9.000%, 06/01/15, Callable 06/01/11 @ 104.50(c)		425		380
Clear Channel Communications, Inc., 7.650%, 09/15/10		100		99
Media—continued
Clear Channel Communications, Inc., 5.500%, 09/15/14		175		138
EchoStar DBS Corp., 7.125%, 02/01/16		395		406
Kabel Deutschland GmbH, 10.625%, 07/01/14, Callable 07/01/09 @ 105.31		725		776
Mediacom Broadband LLC, 8.500%, 10/15/15, Callable 10/15/10 @ 104.25		1,290		1,292
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 03/15/11 @ 103.88		195		186
Quebecor Media, Inc., 7.750%, 03/15/16, Callable 03/15/11 @ 103.88(c)		210		200
Univision Communications, 9.750%, 03/15/15, Callable 03/15/11 @ 104.88(c)(f)		925		902
				4,379
Miscellaneous Manufacturer (0.2%)
Koppers, Inc., 9.875%, 10/15/13, Callable 10/15/08 @ 104.94		181		191
Oil & Gas (2.1%)
Cie Generale De Geophysique, 7.500%, 05/15/15, Callable 05/15/10 @ 103.75		50		52
Cie Generale De Geophysique, 7.750%, 05/15/17, Callable 05/15/12 @ 103.88		75		77
Forest Oil Corp., 7.250%, 06/15/19, Callable 06/15/12 @ 103.63(c)		80		80
Mariner Energy, Inc., 8.000%, 05/15/17, Callable 05/15/12 @ 104		115		112
OPTI Canada, Inc., 7.875%, 12/15/14, Callable 12/15/10 @ 104.13(c)		530		530
United Refining Co., 10.500%, 08/15/12, Callable 08/15/08 @ 105.25		1,220		1,257

See Notes to Financial Statements.

72

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Strategic Income Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Oil & Gas—continued
United Refining Co., 10.500%, 08/15/12, Callable 08/15/08 @ 105.25(c)		80		82
				2,190
Packaging & Containers (0.8%)
Graphic Packaging International, 9.500%, 08/15/13, Callable 08/15/08 @ 104.75		810		832
Pipelines (1.6%)
Targa Resources, Inc., 8.500%, 11/01/13, Callable 11/01/09 @ 104.25(c)		1,605		1,605
Real Estate (0.4%)
American Real Estate Partners LP, 8.125%, 06/01/12, Callable 06/01/08 @ 104.06		35		35
American Real Estate Partners LP, 7.125%, 02/15/13, Callable 02/15/09 @ 103.56		20		19
American Real Estate Partners LP, 7.125%, 02/15/13, Callable 02/15/09 @ 103.56(c)		395		376
				430
Semiconductors (0.4%)
Amkor Technologies, Inc., 7.125%, 03/15/11		135		131
Amkor Technologies, Inc., 9.250%, 06/01/16, Callable 06/01/11 @ 104.63		140		141
Freescale Semiconductor, 8.875%, 12/15/14, Callable 12/15/10 @ 104.44		50		48
Freescale Semiconductor, 10.125%, 12/15/16, Callable 12/15/11 @ 105.06		190		177
				497
Telecommunication Services (3.3%)
Intelsat Subsidiary Holding Co. Ltd., 8.250%, 01/15/13, Callable 01/15/09 @ 104.13		190		193
Nordic Telephone Co. Holdings, 8.875%, 05/01/16, Callable 05/01/11 @ 104.438(c)		225		237
Telecommunication Services—continued
	Shares or
	Principal
	Amount($)		Value($)
PanAmSat Corp., 9.000%, 06/15/16, Callable 06/15/11 @ 104.50		550		567
Telcordia Technologies, Inc., 9.110%, 07/15/12, Callable 07/15/08 @ 102(a)(c)		950		886
West Corp., 11.000%, 10/15/16, Callable 10/15/11 @ 105.50(f)		1,345		1,412
Wind Acquisition Finance SA, 10.750%, 12/01/15, Callable 12/01/10 @ 105.38(c)		75		83
				3,378
Transportation (0.3%)
Bristow Group, Inc., 7.500%, 09/15/17, Callable 09/15/12 @ 103.75(c)		300		306
Total Corporate Bonds (Cost $40,303)				40,509
Foreign Government Bonds (18.7%)
Argentina (0.6%)
Republic of Argentina, 8.280%, 12/31/33		650		590
Brazil (3.8%)
Republic of Brazil, 6.000%, 01/17/17		2,170		2,199
Republic of Brazil, 7.125%, 01/20/37		1,545		1,726
				3,925
Colombia (0.2%)
Republic of Columbia, 7.375%, 09/18/37		180		198
Japan (5.0%)
Japan Governement, 1.700%, 09/20/17 (g)		583,800		5,094
Mexico (0.8%)
United Mexican States, 6.750%, 09/27/34		755		821
Russian Federation (1.9%)
Russian Federation, 7.500%, 03/31/30(c)		1,771		1,980
United Kingdom (5.3%)
United Kingdom, 2.250%, 07/08/08(c)		5,475		5,381

See Notes to Financial Statements.

73

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Strategic Income Fund — continued

	Shares or
	Principal
	Amount ($)		Value($)
Venezuela (1.1%)
Republic of Venezuela, 9.375%, 01/13/34		1,125		1,173
Total Foreign Government Bonds (Cost $19,150)				19,162
Mutual Fund (1.0%)
STI Classic Limited Duration Fund (h)		101,014		1,008
Total Mutual Fund (Cost $1,008)				1,008
U.S. Treasury Obligations (20.7%)
U.S. Treasury Bond (5.1%) 4.750%, 02/15/37		5,265		5,192
U.S. Treasury Notes (15.6%) 4.250%, 10/31/07		3,700		3,701
4.500%, 05/15/10		6,590		6,673
4.750%, 08/15/17		5,555		5,630
				16,004
Total U.S. Treasury Obligations (Cost $21,028)				21,196
Short-Term Investments (21.7%)
Brown Brothers Harriman & Co., Cayman Islands Cash Sweep		5,004		5,004
Credit Suisse Flagship Fund (USA) LLC (i)		17,256,055		17,256
Total Short-Term Investments (Cost $22,260)				22,260
Total Investments (Cost $120,571) (j) — 118.5%				121,282
Liabilities in excess of other assets — (18.5)%				(18,950	)
Net Assets — 100.0%			$	102,332

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid securities held by the Fund as of September 30, 2007 are identified below (in thousands):

Issue	Acquisition		Cost				Value		Percent of
Description	Date		($)		Shares		($)		Net Assets (%)
CIFC		07/20/07		199		280		213		0.21
Muir Grove LTD		09/25/07		498		500		498		0.48

(c)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 27% of net assets as of September 30, 2007.
(d)	This security has not settled as of September 30, 2007 and thus does not have a rate in effect. The security does not have a stated settlement date and will receive a rate upon settling with the custodian.
(e)	Rate represents the effective yield at purchase.
(f)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $16,655.
(g)	The principal amount of the security is denominated in Japanese Yen.
(h)	Affiliate Investment.
(i)	This security was purchased with cash collateral held from securities lending.
(j)	Cost for federal income tax purposes is $121,723 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	165
Unrealized Depreciation		(606	)
Unrealized Appreciation	$	(441	)

Cl	— Class
LLC	— Limited Liability Company
LP	— Limited Partnership
PLC	— Public Limited Company
Ser	— Series

At September 30, 2007, liquid assets totaling $13,963, in thousands, have been designated as collateral for open swap agreements.

Credit Default Swap Agreements

		Notional		Fixed		Expiration
Underlying Instrument	Counterparty	Amount ($)		Rate %		Date		Value ($)
Abitibi Consolidated, Inc.	JP Morgan		500		4.50		06/20/09		(54	)
Russian Federation	Merrill Lynch		1,115		0.87		09/20/12		7
Bolivarian Republic of Venezuela	Citigroup		1,700		3.68		10/22/12		(6	)
									(53	)

See Notes to Financial Statements.

74

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)

(Unaudited)

Strategic Income Fund — continued

At September 30, 2007 the Fund’s foreign currency exchange contracts were as follows:

			Contract Amount		Contract				Unrealized
	Delivery		in Local		Value		Market		Appreciation
Currency	Date		Currency		in USD($)		Value($)		(Depreciation)($)
Short:
Australian Dollar		12/20/07		1,321		1,135		1,168		(33	)
Australian Dollar		12/24/07		1,311		1,125		1,158		(33	)
Australian Dollar		12/31/07		1,299		1,131		1,148		(17	)
Brazilian Real		11/26/07		139		72		75		(3	)
Brazilian Real		10/23/07		2,098		1,081		1,143		(62	)
Brazilian Real		11/5/07		2,033		1,075		1,106		(31	)
Brazilian Real		11/6/07		4,073		2,108		2,216		(108	)
Brazilian Real		11/27/07		1,081		546		587		(41	)
Brazilian Real		11/27/07		1,080		546		586		(40	)
Brazilian Real		11/30/07		1,087		540		590		(50	)
Brazilian Real		12/10/07		861		435		467		(32	)
Brazilian Real		12/14/07		2,163		1,121		1,172		(51	)
Brazilian Real		12/24/07		2,114		1,124		1,145		(21	)
Chilean Peso		11/6/07		559,806		1,074		1,096		(22	)
Chinese Yuan		7/21/08		4,048		562		566		(4	)
Chinese Yuan		7/21/08		16,105		2,234		2,254		(20	)
Colombia Peso		10/5/07		1,111,920		565		550		15
Euro		12/10/07		404		560		577		(17	)
Euro		12/18/07		807		1,138		1,152		(14	)
Hungarian Forint		12/14/07		205,251		1,113		1,162		(49	)
Hungarian Forint		12/18/07		206,741		1,120		1,170		(50	)
India Rupee		11/26/07		2,859		69		72		(3	)
India Rupee		1/25/08		45,226		1,100		1,132		(32	)
Indonesia Rupiah		10/5/07		5,079,350		558		556		2
Israeli Shekel		10/26/07		7,075		1,653		1,763		(110	)
Israeli Shekel		11/6/07		4,640		1,080		1,157		(77	)
Israeli Shekel		11/8/07		2,321		541		579		(38	)
Israeli Shekel		11/13/07		4,569		1,070		1,139		(69	)
Israeli Shekel		11/13/07		2,305		540		575		(35	)
Japanese Yen		10/23/07		129,769		1,075		1,133		(58	)
Japanese Yen		12/11/07		125,773		1,120		1,105		15
Japanese Yen		12/20/07		128,071		1,117		1,126		(9	)
Japanese Yen		12/26/07		127,305		1,112		1,120		(8	)
Korean Won		12/17/07		1,029,703		1,111		1,130		(19	)
Malaysian Ringgit		10/5/07		5,834		1,700		1,714		(14	)
Malaysian Ringgit		10/10/07		5,718		1,672		1,680		(8	)
Malaysian Ringgit		10/16/07		9,598		2,780		2,821		(41	)
Malaysian Ringgit		12/11/07		1,959		560		577		(17	)
Malaysian Ringgit		12/17/07		3,851		1,111		1,135		(24	)
Mexican Nuevo Peso		10/18/07		9,028		833		825		8
Mexican Nuevo Peso		10/25/07		12,165		1,107		1,111		(4	)
Mexican Nuevo Peso		11/23/07		11,958		1,072		1,090		(18	)
Mexican Nuevo Peso		12/11/07		6,243		560		568		(8	)
New Zealand Dollar		11/14/07		726		540		555		(15	)
New Zealand Dollar		11/14/07		729		540		550		(10	)
New Zealand Dollar		11/14/07		753		535		568		(33	)
New Zealand Dollar		11/23/07		784		540		591		(51	)
New Zealand Dollar		11/30/07		773		545		582		(37	)
New Zealand Dollar		11/30/07		778		540		586		(46	)
New Zealand Dollar		12/7/07		634		435		477		(42	)
New Zealand Dollar		12/10/07		651		445		490		(45	)
New Zealand Dollar		12/11/07		820		560		617		(57	)
New Zealand Dollar		12/21/07		1,542		1,135		1,159		(24	)
New Zealand Dollar		12/27/07		1,542		1,138		1,158		(20	)
New Zealand Dollar		12/31/07		1,534		1,130		1,152		(22	)
Norweigan Krone		12/13/07		6,417		1,138		1,190		(52	)
Peruvian New Sol		12/5/07		441		140		143		(3	)
Phillipine Peso		11/29/07		3,192		70		71		(1	)
Phillipine Peso		12/19/07		6,394		139		142		(3	)
Phillipine Peso		11/29/07		3,192		69		71		(2	)
Phillipine Peso		10/3/07		12,888		279		286		(7	)
Phillipine Peso		10/9/07		38,606		841		858		(17	)
Phillipine Peso		10/12/07		64,560		1,433		1,434		(1	)
Phillipine Peso		10/25/07		125,159		2,721		2,779		(58	)
Phillipine Peso		12/14/07		51,825		1,112		1,149		(37	)
Phillipine Peso		12/19/07		51,520		1,136		1,142		(6	)
Phillipine Peso		12/19/07		51,520		1,138		1,142		(4	)
Turkish Lira		10/18/07		732		557		605		(48	)
Turkish Lira		10/19/07		1,104		861		912		(51	)
Turkish Lira		10/26/07		2,151		1,632		1,773		(141	)
Turkish Lira		11/6/07		701		533		576		(43	)
Turkish Lira		11/13/07		1,430		1,070		1,172		(102	)
Turkish Lira		11/13/07		713		540		584		(44	)
Turkish Lira		11/13/07		731		540		599		(59	)
Turkish Lira		11/21/07		1,494		1,066		1,220		(154	)
Turkish Lira		11/28/07		743		545		606		(61	)
Turkish Lira		11/28/07		746		545		608		(63	)
Turkish Lira		12/7/07		742		555		603		(48	)
Turkish Lira		12/12/07		1,493		1,150		1,211		(61	)
Total Short Contracts					$	71,839	$	74,557	($	2,718	)
Long:
Australian Dollar		12/20/07		1,321		1,120		1,168		48
Australian Dollar		12/24/07		1,311		1,130		1,159		29
Australian Dollar		12/31/07		1,299		1,130		1,148		18
Brazilian Real		11/26/07		139		70		75		5
Brazilian Real		10/23/07		1,048		560		571		11
Brazilian Real		10/23/07		1,050		560		572		12
Brazilian Real		11/5/07		2,033		1,075		1,106		31
Brazilian Real		11/6/07		2,032		1,075		1,106		31
Brazilian Real		11/6/07		621		325		338		13
Brazilian Real		11/6/07		407		215		222		7
Brazilian Real		11/6/07		1,012		535		550		15
Brazilian Real		11/27/07		1,082		540		587		47
Brazilian Real		11/27/07		1,079		540		586		46
Brazilian Real		11/30/07		1,087		546		590		44
Brazilian Real		12/10/07		861		434		467		33
Brazilian Real		12/14/07		2,163		1,120		1,172		52
Brazilian Real		12/24/07		2,114		1,125		1,145		20
Brazilian Real		12/26/07		2,125		1,130		1,150		20
Chilean Peso		11/6/07		559,806		1,075		1,096		21
Chinese Yuan		7/21/08		6,072		840		850		10
Chinese Yuan		7/21/08		4,048		560		567		7
Chinese Yuan		7/21/08		10,032		1,400		1,404		4
Colombia Peso		10/5/07		1,111,920		565		550		(15	)
Euro		12/10/07		404		555		577		22
Euro		12/18/07		807		1,120		1,152		32
Hungarian Forint		12/14/07		205,251		1,120		1,162		42
Hungarian Forint		12/18/07		206,741		1,132		1,170		38
India Rupee		11/26/07		2,859		70		72		2
India Rupee		1/25/08		22,540		560		564		4
India Rupee		1/25/08		22,686		560		568		8
Indonesia Rupiah		10/5/07		5,079,350		565		556		(9	)
Indonesia Rupiah		12/31/07		10,328,200		1,130		1,123		(7	)
Israeli Shekel		10/26/07		2,356		560		587		27

See Notes to Financial Statements.

75

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)
(Unaudited)

Strategic Income Fund — concluded

			Contract Amount		Contract				Unrealized
	Delivery		in Local		Value		Market		Appreciation
Currency	Date		Currency		in USD($)		Value($)		(Depreciation)($)
Israeli Shekel		10/26/07		4,719		1,120		1,176		56
Israeli Shekel		11/6/07		4,640		1,075		1,157		82
Israeli Shekel		11/8/07		2,321		540		579		39
Israeli Shekel		11/13/07		6,874		1,630		1,714		84
Japanese Yen		10/23/07		129,769		1,086		1,133		47
Japanese Yen		12/11/07		63,091		560		554		(6	)
Japanese Yen		12/11/07		62,682		560		550		(10	)
Japanese Yen		12/20/07		128,071		1,120		1,126		6
Japanese Yen		12/26/07		127,305		1,125		1,120		(5	)
Korean Won		12/17/07		1,029,703		1,115		1,130		15
Malaysian Ringgit		10/5/07		5,834		1,700		1,714		14
Malaysian Ringgit		10/10/07		5,718		1,670		1,680		10
Malaysian Ringgit		10/16/07		4,818		1,405		1,416		11
Malaysian Ringgit		10/16/07		4,781		1,405		1,405		—
Malaysian Ringgit		12/11/07		1,959		560		577		17
Malaysian Ringgit		12/17/07		3,851		1,115		1,135		20
Mexican Nuevo Peso		10/18/07		9,028		835		825		(10	)
Mexican Nuevo Peso		10/25/07		12,165		1,120		1,111		(9	)
Mexican Nuevo Peso		11/23/07		11,958		1,075		1,090		15
Mexican Nuevo Peso		12/11/07		6,243		559		568		9
New Russian Rouble		12/26/07		28,357		1,130		1,135		5
New Zealand Dollar		11/14/07		1,109		747		837		90
New Zealand Dollar		11/14/07		1,109		747		837		90
New Zealand Dollar		11/23/07		784		543		591		48
New Zealand Dollar		11/30/07		773		539		582		43
New Zealand Dollar		11/30/07		778		544		586		42
New Zealand Dollar		12/7/07		634		432		477		45
New Zealand Dollar		12/10/07		651		446		490		44
New Zealand Dollar		12/11/07		820		565		617		52
New Zealand Dollar		12/21/07		1,542		1,120		1,159		39
New Zealand Dollar		12/27/07		1,542		1,130		1,158		28
New Zealand Dollar		12/31/07		1,534		1,130		1,152		22
Norweigan Krone		12/13/07		6,417		1,130		1,190		60
Norweigan Krone		12/20/07		6,299		1,120		1,168		48
Peruvian New Sol		12/5/07		441		140		143		3
Phillipine Peso		12/19/07		6,394		140		142		2
Phillipine Peso		10/3/07		12,888		280		286		6
Phillipine Peso		10/9/07		38,606		840		858		18
Phillipine Peso		10/12/07		64,560		1,405		1,434		29
Phillipine Peso		10/25/07		62,287		1,395		1,383		(12	)
Phillipine Peso		10/25/07		62,873		1,395		1,396		1
Phillipine Peso		12/14/07		51,825		1,115		1,149		34
Phillipine Peso		12/19/07		103,040		2,240		2,284		44
Turkish Lira		10/18/07		732		555		605		50
Turkish Lira		10/19/07		1,104		840		912		72
Turkish Lira		10/26/07		2,151		1,675		1,773		98
Turkish Lira		11/6/07		701		535		576		41
Turkish Lira		11/13/07		1,437		991		1,177		186
Turkish Lira		11/13/07		1,437		999		1,177		178
Turkish Lira		11/21/07		1,494		1,075		1,220		145
Turkish Lira		11/28/07		1,490		1,096		1,214		118
Turkish Lira		12/7/07		742		555		603		48
Turkish Lira		12/12/07		1,493		1,130		1,211		81
Total Long Contracts					$	76,141	$	78,992	$	2,851

See Notes to Financial Statements.

76

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Total Return Bond Fund

	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (2.3%)
Automobile ABS (0.2%)
Hyundai Auto Receivables Trust, Ser 2007-A, Cl A4, 5.210%, 03/17/14		909		909
Collateralized Loan Obligations ABS (0.7%)
Commercial Industrial Finance Corp., Ser 2006-1BA, Cl B2L, 9.210%, 12/22/20(a)(b)		1,560		1,185
Marathon CLO Ltd., Ser 2005-2A, Cl D, 10.288%, 12/20/19(a)(b)		840		672
Muir Grove CLO Ltd., Ser 2007-1A, Cl B, 7.348%, 03/25/20(a)(b)		2,300		2,292
				4,149
Credit Card ABS (0.3%)
Capital One Multi-Asset Execution Trust, Ser 2007-A7, Cl A7, 5.750%, 07/15/20		1,853		1,861
Home Equity ABS (0.4%)
Aames Mortgage Investment Trust, Ser 2004-1, Cl M3, 6.540%, 01/25/35(a)		741		718
Delta Funding Home Equity Loan Trust, Ser 1999-3, Cl A1F, 7.962%, 09/15/29(a)		5		5
Lehman XS Trust, Ser 2007-6, Cl 3A5, 5.720%, 05/25/37(a)		1,930		1,811
Soundview Home Equity Loan Trust, Ser 2001-1, Cl A, 6.765%, 04/15/31(a)		3		4
				2,538
Utility ABS (0.7%)
PSE&G Transition Funding LLC, Ser 2001-1, Cl A8, 6.890%, 12/15/17		3,337		3,595
TXU Electric Delivery Transition Bond Co., Ser 2004-1, Cl A3, 5.290%, 05/15/18		1,000		991
				4,586
Total Asset-Backed Securities (Cost $13,961)				14,043
Collateralized Mortgage Obligations (18.6%)
Adjustable Rate Mortgage Trust, Ser 2007-2, Cl 1A21, 5.963%, 06/25/37(a)		4,409		4,390
Banc of America Commercial Mortgage Inc., Ser 2005-6 Cl A4, 5.353%, 09/10/47(a)		3,500		3,459
Banc of America Commercial Mortgage, Inc., Ser 2004-4, Cl A3, 4.128%, 07/10/42		2,625		2,586
Banc of America Commercial Mortgage, Inc., Ser 2006-4, Cl A4, 2,056.410%, 07/10/46		2,130		2,143
Banc of America Commerical Mortgage, Inc., Ser 2006-2, Cl A4, 5.930%, 05/10/45(a)		2,724		2,776
Banc of America Commerical Mortgage, Inc., Ser 2006-3, Cl A4, 5.889%, 07/10/44(a)		3,814		3,908
Bear Stearns ALT-A Trust, Ser 2006-6, Cl 2A1, 5.940%, 11/25/36(a)		3,599		3,520
Bear Stearns Commercial Mortgage Securities, Inc., Ser 2005-PW10, Cl A4, 5.405%, 12/11/40(a)		4,253		4,224
Bear Stearns Commercial Mortgage Securities, Inc., Ser 2006-PW13, Cl A4, 5.540%, 09/11/41		1,725		1,726
Chase Commercial Mortgage Securities Corp., Ser 2000-3, Cl A2, 7.319%, 10/15/32		1,621		1,706
Citigroup/Deutsche Bank Commercial Mortgage Trust, Ser 2005-CD1, Cl A4, 5.400%, 07/15/44(a)		1,910		1,893
Citigroup/Deutsche Bank Commercial Mortgage Trust, Ser 2006-CD2, Cl A4, 5.545%, 01/15/46(a)		1,250		1,241

See Notes to Financial Statements.

77

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Total Return Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued
Commercial Mortgage Pass-Through Certificates, Ser 2005-C6, Cl A5A, 5.116%, 06/10/44(a)		2,911		2,845
Countrywide Alternative Loan Trust, Ser 2006-HY12, Cl A5, 6.177%, 08/25/36(a)		3,622		3,674
Countrywide Home Loans, Ser 2004-J1, Cl 1A1, 4.500%, 01/25/19		1,546		1,501
GE Capital Commercial Mortgage Corp., Ser 2006-C1, Cl A4, 5.518%, 03/10/44(a)		2,970		2,956
GMAC Commercial Mortgage Securities, Inc., Ser 2003-C2, Cl A1, 4.576%, 05/10/40		2,544		2,525
Greenwich Capital Commercial Funding Corp., Ser 2006-GG7, Cl A4, 6.111%, 07/10/38(a)		3,949		4,071
GS Mortgage Securities Corp. II, Ser 2006-GG6, Cl A2, 5.506%, 04/10/38(a)		3,941		3,984
GS Mortgage Securities Corp. II, Ser 2006-GG8, Cl A4, 5.560%, 11/10/39(a)		1,500		1,501
GSR Mortgage Loan Trust, Ser 2005-5F, Cl 2A2, 5.500%, 06/25/35		6,628		6,353
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2005-LDP4, Cl A4, 4.918%, 10/15/42(a)		1,207		1,164
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2005-LDP5, Cl A4, 5.345%, 12/15/44(a)		3,368		3,330
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2006-CB15, Cl A4, 5.814%, 06/12/43(a)		2,415		2,462
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2006-CB16, Cl A4, 5.552%, 05/12/45		2,360		2,360
Collateralized Mortgage Obligations—continued
JP Morgan Chase Commercial Mortgage Securities Corp., Ser 2006-LDP6, Cl A4, 5.475%, 04/15/43(a)		1,565		1,559
LB-UBS Commercial Mortgage Trust, Ser 2005-C7, Cl A4, 5.197%, 11/15/30(a)		3,070		3,016
LB-UBS Commercial Mortgage Trust, Ser 2006-C1, Cl A4, 5.228%, 02/15/31		2,050		2,005
LB-UBS Commercial Mortgage Trust, Ser 2006-C3, Cl A4, 5.661%, 03/15/39(a)		2,187		2,209
Merrill Lynch/Countrywide Commercial Mortgage Trust, Ser 2006-1, Cl A4, 5.607%, 02/12/39(a)		2,981		2,980
Morgan Stanley Capital I, Ser 2006-HQ10, Cl A4, 5.328%, 11/12/41(a)		3,425		3,372
Morgan Stanley Dean Witter Capital 1, Ser 2001-TOP1, Cl A4, 6.660%, 02/15/33		3,003		3,131
PHH Alternative Mortgage Trust, Ser 2007-2, Cl 3A1, 6.000%, 05/25/37		4,008		4,025
Residential Accredit Loans, Inc., Ser 2002-QS18, Cl A1, 5.500%, 12/25/17		7,018		6,972
Sequoia Mortgage Trust, Ser 2007-4, Cl 2A1, 5.501%, 11/20/17(a)		3,687		3,652
Specialty Underwriting & Residential Finance, Ser 2004-AA1, Cl 1A1, 5.000%, 10/25/34		572		562
TBW Mortgage Backed Pass Through Cerfiticates, Ser 2007-2, Cl A6A, 6.015%, 06/25/37(a)		1,550		1,552
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C21, Cl A4, 5.385%, 10/15/44(a)		4,392		4,336
Wachovia Bank Commercial Mortgage Trust, Ser 2006-C23, Cl A4, 5.418%, 01/15/45(a)		2,085		2,068

See Notes to Financial Statements.

78

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Total Return Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued
Washington Mutual Mortgage Pass-Through Certificates, Ser 2003-S7, Cl A1, 4.500%, 08/25/18		884		843
Washington Mutual Mortgage Pass-Through Certificates, Ser 2006-AR6, Cl 2A3, 5.965%, 08/25/36(a)		1,899		1,805
Total Collateralized Mortgage Obligations (Cost $115,098)				116,385
Corporate Bonds (19.2%)
Aerospace/Defense (0.5%)
Boeing Co. (The), 5.125%, 02/15/13		1,355		1,349
United Technologies Corp., 4.875%, 05/01/15		1,590		1,531
				2,880
Airlines (0.4%)
Continental Airlines, Inc., Ser A, 5.983%, 04/19/22		1,170		1,134
Southwest Airlines Co., Ser 07-1, 6.150%, 08/01/22		1,297		1,299
				2,433
Auto Manufacturers (0.2%)
DaimlerChrysler NA Holding Corp., 8.500%, 01/18/31		1,215		1,506
Banks (1.2%)
Bank of America Corp., 7.400%, 01/15/11		3,448		3,669
UBS AG Stamford, 5.350%, 07/23/09(a)		2,240		2,238
Wachovia Corp., 5.300%, 10/15/11		1,865		1,874
				7,781
Beverages (0.6%)
Anheuser-Busch Cos., Inc., 6.450%, 09/01/37		1,742		1,811
SABMiller PLC, 6.200%, 07/01/11(c)		1,975		2,040
				3,851
Building Materials (0.3%)
Lafarge SA, 6.150%, 07/15/11		970		989
Building Materials—continued
Martin Marietta Materials, Inc., 6.250%, 05/01/37		800		755
				1,744
Chemicals (0.2%)
Potash Corp. of Saskatchewan, Inc., 5.875%, 12/01/36		1,310		1,197
Commercial Services (0.4%)
Caterpillar Financial Services Corp., Ser F, 5.850%, 09/01/17		661		667
ERAC USA Finance Co., 5.600%, 05/01/15(c)		1,080		1,044
Xerox Corp., 5.500%, 05/15/12		870		862
				2,573
Computers (0.2%)
Dell, Inc., 7.100%, 04/15/28		425		451
IBM Corp., 5.700%, 09/14/17		787		791
IBM Corp., 5.875%, 11/29/32(d)		335		329
				1,571
Diversified Financial Services (4.6%)
ABX Financing Co., 6.350%, 10/15/36(c)		875		848
American Express Co., 6.150%, 08/28/17		1,275		1,287
CIT Group, Inc., 5.600%, 04/27/11		1,395		1,359
Citigroup, Inc., 5.125%, 05/05/14		500		487
Citigroup, Inc., 6.000%, 08/15/17		656		671
Citigroup, Inc., 5.850%, 12/11/34		755		728
Credit Suisse (USA), Inc., 6.500%, 01/15/12		710		742
Fund American Cos., Inc., 5.875%, 05/15/13		2,090		2,061
General Electric Capital Corp., 6.150%, 08/07/37		1,612		1,654
Goldman Sachs Group, Inc. (The), 4.750%, 07/15/13		2,110		2,014
HSBC Holdings PLC, 7.625%, 05/17/32		690		776
International Lease Finance Corp., Ser Q, 5.250%, 01/10/13		775		758

See Notes to Financial Statements.

79

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Total Return Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services—continued
International Lease Finance Corp., Ser R, 5.625%, 09/15/10		1,370		1,364
International Lease Finance Corp., Ser R, 5.625%, 09/20/13		425		421
Janus Capital Group, Inc., 5.875%, 09/15/11		735		733
Jefferies Group, Inc., 6.450%, 06/08/27		1,124		1,056
JPMorgan Chase & Co., 6.625%, 03/15/12		2,846		2,987
Lazard Group LLC, 7.125%, 05/15/15		2,215		2,237
Merrill Lynch & Co., Inc., 5.770%, 07/25/11		1,985		2,010
Merrill Lynch & Co., Inc., 6.050%, 08/15/12(d)		2,530		2,594
Morgan Stanley, 5.300%, 03/01/13		1,690		1,663
				28,450
Electric (2.8%)
CenterPoint Energy, Inc., Ser A-4, 5.170%, 08/01/19		3,000		2,988
Duke Energy Carolinas LLC, 6.100%, 06/01/37		2,390		2,345
Enel Finance International, 6.800%, 09/15/37(c)		1,519		1,547
Exelon Generation Co. LLC, 6.200%, 10/01/17		1,468		1,469
Florida Power Corp., 6.350%, 09/15/37		388		395
MidAmerican Energy Holdings Co., 6.125%, 04/01/36		1,300		1,262
Nevada Power Co., Ser L, 5.875%, 01/15/15		435		425
Nevada Power Co., Ser R, 6.750%, 07/01/37		930		935
Oncor Electric Delivery Co., 7.000%, 05/01/32		810		816
Pacific Gas & Electric Co., 6.050%, 03/01/34(d)		1,500		1,473
Public Service Colorado, Ser 17, 6.250%, 09/01/37		825		838
Union Electric Co., 5.400%, 02/01/16		680		650
Virginia Electric & Power Co., Ser A, 6.000%, 05/15/37		1,640		1,568
Electric—continued
Wisconsin Power & Light Co., 6.375%, 08/15/37		844		860
				17,571
Insurance (0.6%)
American International Group, Ser G, 5.600%, 10/18/16		2,340		2,309
Metlife, Inc., 5.700%, 06/15/35		430		397
Travelers Cos., Inc. (The), 5.375%, 06/15/12		905		914
				3,620
Machinery Diversified (0.0%)
Caterpillar, Inc., 6.050%, 08/15/36		245		245
Media (0.8%)
News America Holdings, Inc., 6.200%, 12/15/34		770		725
Time Warner Cable, Inc., 5.850%, 05/01/17(c)		3,425		3,330
Time Warner, Inc., 6.500%, 11/15/36(d)		815		786
				4,841
Miscellaneous Manufacturer (1.1%)
General Electric Co., 5.000%, 02/01/13		3,495		3,465
Kimberly-Clark Corp., 6.125%, 08/01/17		2,269		2,337
Siemens Financierings NV, 6.125%, 08/17/26(c)		995		999
				6,801
Oil & Gas (0.8%)
Apache Corp., 6.000%, 01/15/37		780		751
ConocoPhillips, 5.900%, 10/15/32(d)		580		570
Enterprise Products Operating LP, Ser B, 5.750%, 03/01/35		945		839
Weatherford International, Inc., 6.500%, 08/01/36		880		866
Western Oil Sands, Inc., 8.375%, 05/01/12		1,552		1,713
				4,739
Pharmaceuticals (1.2%)
AstraZeneca PLC, 6.450%, 09/15/37		2,564		2,659

See Notes to Financial Statements.

80

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Total Return Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Pharmaceuticals—continued
Johnson & Johnson, 5.550%, 08/15/17		2,299		2,335
Merck & Co., Inc., 5.125%, 11/15/11		935		942
Schering-Plough Corp., 6.550%, 09/15/37		1,197		1,221
Teva Pharmaceutical Finance LLC, 6.150%, 02/01/36		675		641
				7,798
Pipelines (0.7%)
Centerpoint Energy Resources Corp., Ser B, 7.875%, 04/01/13		1,560		1,704
Colonial Pipeline Co., 6.375%, 08/01/37(c)		1,785		1,784
El Paso Natural Gas Co., 5.950%, 04/15/17(c)		535		523
Southern Natural Gas Co., 5.900%, 04/01/17(c)		445		433
				4,444
Retail (0.9%)
JC Penney Corp., Inc., 5.750%, 02/15/18		270		259
Wal-Mart Stores, Inc., 5.250%, 09/01/35		480		421
Wal-Mart Stores, Inc., 6.500%, 08/15/37		4,820		5,002
				5,682
Software (0.1%)
Intuit, Inc., 5.750%, 03/15/17		355		339
Telecommunication Services (1.6%)
AT&T, Inc., 5.100%, 09/15/14		1,665		1,611
AT&T, Inc., 6.450%, 06/15/34		830		842
Cisco Systems, Inc., 5.500%, 02/22/16		1,910		1,897
Comcast Corp., 6.450%, 03/15/37(d)		825		814
Rogers Wireless, Inc., 7.500%, 03/15/15		850		911
Verizon Communications, Inc., 5.550%, 02/15/16		1,440		1,426
Telecommunication Services—continued
Vodafone Group PLC, 5.500%, 06/15/11(d)		2,480		2,487
				9,988
Total Corporate Bonds (Cost $120,348)				120,054
U.S. Government Agency Mortgages (37.2%)
Fannie Mae (21.0%)
5.000%, 12/01/18		7,374		7,255
5.000%, 01/01/19		3,122		3,069
5.500%, 07/01/19		66		66
5.500%, 08/01/19		520		518
5.500%, 09/01/19		2,738		2,737
5.000%, 10/01/19		567		557
5.500%, 12/01/19		142		142
4.500%, 12/01/20		10,085		9,712
5.500%, 07/01/21		1,488		1,485
5.000%, 07/25/24		1,755		1,754
5.500%, 07/25/31		5,513		5,489
6.500%, 06/01/32		57		58
6.500%, 07/01/32		300		307
5.500%, 01/01/33		13,553		13,275
6.500%, 03/01/33		144		147
5.500%, 06/01/33		2,099		2,056
5.500%, 07/01/33		366		359
5.500%, 10/01/33		4,108		4,024
6.500%, 10/01/33		71		72
6.500%, 10/01/33		85		87
5.000%, 11/01/33		5,150		4,913
5.000%, 11/01/33		3,478		3,318
6.000%, 11/01/33		122		123
6.500%, 11/01/33		95		97
6.500%, 11/01/33		620		631
5.000%, 01/25/34		1,865		1,749
4.500%, 03/01/34		8,069		7,485
5.000%, 04/01/34		6,749		6,438
6.500%, 07/01/34		101		102
5.500%, 02/01/35		997		979
6.000%, 10/01/35		2,950		2,955
6.000%, 12/01/35		646		647
6.000%, 01/01/36		4,250		4,260
5.500%, 01/25/36		338		328
5.000%, 03/01/36		3,825		3,648
5.448%, 04/01/36(a)		2,228		2,252
5.500%, 04/01/36		6,431		6,299
5.397%, 06/25/36		2,794		2,810
5.632%, 12/01/36(a)		5,824		5,840
5.443%, 01/01/37		5,268		5,284

See Notes to Financial Statements.

81

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Total Return Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Fannie Mae—continued
5.636%, 01/01/37(a)		4,201		4,227
7.000%, 04/01/37		1,738		1,794
5.713%, 05/01/37(a)		3,376		3,405
5.500%, 07/01/37		534		518
6.000%, 07/01/37		7,889		7,901
				131,172
Freddie Mac (14.6%)
5.000%, 09/15/18		1,399		1,394
5.000%, 11/01/18		51		50
5.500%, 12/01/18		92		92
5.000%, 01/01/19		599		589
5.500%, 07/01/22		2,972		2,963
5.000%, 09/15/24		2,642		2,644
5.069%, 08/15/25		2,257		2,259
5.500%, 07/15/27		1,720		1,731
5.500%, 11/15/28		2,900		2,918
5.500%, 05/15/29		3,053		3,073
5.500%, 01/15/30		4,777		4,808
6.500%, 07/01/32		120		123
6.000%, 12/01/32		712		716
6.000%, 04/01/33		1,136		1,137
6.000%, 10/01/33		24		24
6.000%, 11/01/33		601		603
6.000%, 11/01/33		460		460
6.000%, 12/01/33		216		217
6.000%, 07/01/34		910		913
5.000%, 09/01/34		6,892		6,606
6.000%, 10/01/34		204		205
5.000%, 04/01/35		6,231		5,943
5.500%, 04/01/35		4,118		4,037
5.000%, 07/01/35		4,919		4,700
5.000%, 12/01/35		7,054		6,740
5.500%, 03/01/36		6,641		6,504
5.500%, 07/15/36		3,500		3,412
6.000%, 11/01/36		9,840		9,855
5.286%, 02/01/37(a)		8,105		8,088
5.000%, 07/15/37		4,834		4,752
6.000%, 08/01/37		3,926		3,931
				91,487
Ginnie Mae (1.6%)
6.500%, 10/21/29(e)		8,774		8,966
6.500%, 09/19/37(e)		960		981
				9,947
Total U.S. Government Agency Mortgages (Cost $233,655)				232,606
	Shares or
	Principal
	Amount($)		Value($)
U.S. Treasury Obligations (20.8%)
U.S. Treasury Notes (20.8%)
4.750%, 02/15/10		26,199		26,645
4.000%, 04/15/10(d)		40,706		40,709
4.250%, 10/15/10(d)		15,567		15,665
4.500%, 04/30/12(d)		11,540		11,682
4.125%, 08/31/12(d)		31,562		31,434
4.750%, 08/15/17		3,935		3,988
Total U.S. Treasury Obligations (Cost $128,652)				130,123
Short-Term Investment (11.6%)
Credit Suisse Flagship Fund (USA) LLC(f)		72,267,340		72,267
Total Short-Term Investment (Cost $72,267)				72,267
Money Market Fund (3.1%)
STI Classic Institutional Cash Management Money Market Fund(g)		19,271,545		19,272
Total Money Market Fund (Cost $19,272)				19,272
Total Investments (Cost $703,253)(h) — 112.8%				704,750
Liabilities in excess of other assets — (12.8)%				(80,018	)
Net Assets — 100.0%			$	624,732

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid securities held by the Fund as of September 30, 2007 are identified below (in thousands):

Issue	Acquisition		Cost		Par		Value		Percent of
Description	Date		($)		($)		($)		Net Assets (%)
Commercial Industrial Finance Corp.		07/20/07		1,111		1,560		1,185		0.19
Marathon CLO Ltd.		07/19/07		672		840		672		0.11
Muir Grove CLO Ltd.		09/25/07		2,292		2,300		2,292		0.37

(c) Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 2.01% of net assets as of September 30, 2007.

See Notes to Financial Statements.

82

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Total Return Bond Fund — continued

(d)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $69,727.
(e)	Security purchased on a when-issued basis.
(f)	This security was purchased with cash collateral held from securities lending.
(g)	Affiliate investment.
(h)	Cost for federal income tax purposes is $704,968 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	3,878
Unrealized Depreciation		(4,096	)
Unrealized Depreciation	$	(218	)

Cl	— Class
LLC	— Limited Liability Company
LP	— Limited Partnership
PLC	— Public Limited Company
Ser	— Series

At September 30, 2007, liquid assets totaling $153,033, in thousands, have been designated as collateral for open swap agreements.

Credit Default Swap Agreements

		Notional			Fixed		Expiration
Underlying Instrument	Counterparty	Amount ($)			Rate (%)		Date		Value ($)
Dow Jones CDS Indices; Series 7	Merrill Lynch		3,340			0.59		12/20/16		23
Dow Jones CDS Indices; Series 7	Bank of America		1,680			0.60		06/20/17		56
Dow Jones CDS Indices; Series 7	Credit Suisse First Boston		1,160			0.65		12/20/16		17
Dow Jones CDS Indices; Series 7	Merrill Lynch		565			0.60		06/20/17		20
North America High Yield Index; Series 8	Merrill Lynch		3,011			2.75		06/20/12		(230	)
Bear Stearns Cos., Inc. (The)	Bank of America		(560	)		1.29		09/20/17		(18	)
Brunswick Corp.	Merrill Lynch		(560	)		1.15		03/20/17		(1	)
Carnival Corp.	J.P. Morgan		(565	)		0.70		09/20/17		(5	)
Centex Corp.	Credit Suisse First Boston		(560	)		2.65		09/20/17		11
Dow Chemical Co.	Barclays Bank PLC		(560	)		0.67		09/20/17		(7	)
Gannett Co., inc	Citibank N.A.		(560	)		0.81		06/20/17		6
IStar Financial, Inc.	Citibank N.A.		(560	)		0.70		03/20/17		54
MBIA, Inc.	Credit Suisse First Boston		(560	)		0.88		09/20/17		(8	)
MBIA, Inc.	Bank of America		(580	)		1.35		09/20/17		11
Wells Fargo & Co.	J.P. Morgan		(560	)		0.22		06/20/17		3
Weyerhaeuser Co.	Citibank N.A.		(560	)		1.05		03/20/17		—
Yum Brands, Inc.	Barclays Bank PLC		(560	)		1.06		09/20/17		(16	)
										(84	)

See Notes to Financial Statements.

83

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)

(Unaudited)

Total Return Bond Fund — continued

At September 30, 2007 the Fund’s foreign currency exchange contracts were as follows:

			Contract Amount		Contract				Unrealized
	Delivery		in Local		Value		Market		Appreciation
Currency	Date		Currency		in USD($)		Value($)		(Depreciation)($)
Short:
Australian Dollar		12/20/07		1,457		1,251		1,288		(37	)
Australian Dollar		12/24/07		1,439		1,235		1,272		(37	)
Australian Dollar		12/31/07		1,414		1,231		1,249		(18	)
Brazilian Real		10/23/07		2,395		1,233		1,305		(72	)
Brazilian Real		11/5/07		2,393		1,265		1,302		(37	)
Brazilian Real		11/6/07		4,774		2,471		2,597		(126	)
Brazilian Real		11/27/07		1,297		655		704		(49	)
Brazilian Real		11/27/07		1,294		655		703		(48	)
Brazilian Real		11/27/07		1,297		655		704		(49	)
Brazilian Real		11/30/07		1,308		650		710		(60	)
Brazilian Real		12/10/07		1,010		510		547		(37	)
Brazilian Real		12/14/07		2,394		1,241		1,298		(57	)
Brazilian Real		12/24/07		2,321		1,234		1,257		(23	)
Chilean Peso		11/6/07		653,541		1,254		1,279		(25	)
Chinese Yuan Renminbi		7/21/08		9,289		1,289		1,300		(11	)
Chinese Yuan Renminbi		7/21/08		13,916		1,930		1,947		(17	)
Euro		12/10/07		466		645		665		(20	)
Euro		12/18/07		889		1,255		1,270		(15	)
Hungarian Forint		12/14/07		226,326		1,228		1,282		(54	)
Hungarian Forint		12/18/07		227,969		1,235		1,291		(56	)
Israeli Shekel		10/26/07		8,040		1,878		2,004		(126	)
Israeli Shekel		11/6/07		5,417		1,261		1,350		(89	)
Israeli Shekel		11/6/07		2,751		641		686		(45	)
Israeli Shekel		11/13/07		5,402		1,265		1,347		(82	)
India Rupee		1/25/08		51,319		1,249		1,285		(36	)
Japanese Yen		10/23/07		768,955		6,370		6,713		(343	)
Japanese Yen		12/11/07		139,249		1,240		1,223		17
Japanese Yen		12/20/07		141,221		1,232		1,242		(10	)
Japanese Yen		12/26/07		139,753		1,220		1,230		(10	)
Korean Won		12/17/07		1,135,905		1,225		1,247		(22	)
Mexican Nuevo Peso		10/18/07		20,705		1,911		1,891		20
Mexican Nuevo Peso		10/25/07		13,794		1,256		1,259		(3	)
Mexican Nuevo Peso		11/23/07		14,406		1,291		1,313		(22	)
Mexican Nuevo Peso		12/11/07		6,912		620		629		(9	)
Malaysian Ringgit		10/16/07		10,904		3,158		3,204		(46	)
Malaysian Ringgit		12/11/07		2,168		620		639		(19	)
Malaysian Ringgit		12/17/07		4,248		1,226		1,252		(26	)
Norweigan Krone		12/13/07		7,014		1,244		1,301		(57	)
New Zealand Dollar		11/14/07		872		640		658		(18	)
New Zealand Dollar		11/14/07		864		640		652		(12	)
New Zealand Dollar		11/14/07		894		635		675		(40	)
New Zealand Dollar		11/23/07		936		645		706		(61	)
New Zealand Dollar		11/30/07		922		650		694		(44	)
New Zealand Dollar		11/30/07		936		650		705		(55	)
New Zealand Dollar		12/7/07		743		510		559		(49	)
New Zealand Dollar		12/10/07		746		510		561		(51	)
New Zealand Dollar		12/11/07		908		620		683		(63	)
New Zealand Dollar		12/21/07		1,700		1,252		1,278		(26	)
New Zealand Dollar		12/27/07		1,678		1,238		1,261		(23	)
New Zealand Dollar		12/31/07		1,670		1,230		1,254		(24	)
Phillipine Peso		10/12/07		146,121		3,244		3,246		(2	)
Phillipine Peso		10/16/07		141,764		3,082		3,149		(67	)
Phillipine Peso		12/14/07		57,170		1,227		1,268		(41	)
Phillipine Peso		12/19/07		56,810		1,253		1,259		(6	)
Phillipine Peso		12/19/07		56,810		1,255		1,259		(4	)
Turkish Lira		10/18/07		1,689		1,284		1,396		(112	)
Turkish Lira		10/19/07		2,529		1,973		2,090		(117	)
Turkish Lira		10/26/07		2,446		1,856		2,016		(160	)
Turkish Lira		11/6/07		826		627		678		(51	)
Turkish Lira		11/13/07		1,691		1,265		1,385		(120	)
Turkish Lira		11/13/07		846		640		693		(53	)
Turkish Lira		11/13/07		866		640		710		(70	)
Turkish Lira		11/21/07		1,799		1,285		1,470		(185	)
Turkish Lira		11/28/07		887		650		722		(72	)
Turkish Lira		11/28/07		890		650		725		(75	)
Turkish Lira		12/7/07		855		640		695		(55	)
Turkish Lira		12/12/07		1,631		1,257		1,324		(67	)
Total Short Contracts					$	84,077	$	87,556		(3,479	)
Long:
Australian Dollar		12/20/07		1,457		1,235		1,288		53
Australian Dollar		12/24/07		1,439		1,241		1,272		31
Australian Dollar		12/31/07		1,414		1,230		1,249		19
Brazilian Real		10/23/07		2,395		1,280		1,305		25
Brazilian Real		11/5/07		2,393		1,265		1,302		37
Brazilian Real		11/6/07		2,373		1,255		1,291		36
Brazilian Real		11/6/07		726		380		395		15
Brazilian Real		11/6/07		483		255		263		8
Brazilian Real		11/6/07		1,191		630		648		18
Brazilian Real		11/27/07		1,303		650		707		57
Brazilian Real		11/27/07		1,288		645		699		54
Brazilian Real		11/30/07		1,308		657		710		53
Brazilian Real		12/10/07		1,010		509		547		38
Brazilian Real		12/14/07		2,394		1,240		1,298		58
Brazilian Real		12/24/07		2,321		1,235		1,257		22
Brazilian Real		12/26/07		2,313		1,230		1,252		22
Chilean Peso		11/6/07		653,541		1,255		1,280		25
Chinese Yuan Renminbi		7/21/08		13,916		1,925		1,947		22
Chinese Yuan Renminbi		7/21/08		9,289		1,285		1,300		15
Euro		12/10/07		466		640		665		25
Euro		12/18/07		889		1,235		1,270		35
Hungarian Forint		12/14/07		226,326		1,235		1,282		47
Hungarian Forint		12/18/07		227,969		1,248		1,291		43
Indonesia Rupiah		12/31/07		11,242		1,230		1,222		(8	)
Israeli Shekel		10/26/07		5,365		1,275		1,337		62
Israeli Shekel		10/26/07		2,676		635		667		32
Israeli Shekel		11/6/07		5,417		1,255		1,350		95
Israeli Shekel		11/8/07		2,751		640		686		46
Israeli Shekel		11/13/07		8,134		1,929		2,028		99

See Notes to Financial Statements.

84

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)

(Unaudited)

Total Return Bond Fund — concluded

			Contract Amount		Contract				Unrealized
	Delivery		in Local		Value		Market		Appreciation
Currency	Date		Currency		in USD($)		Value($)		(Depreciation)($)
India Rupee		1/25/08		51,319		1,275		1,285		10
Japanese Yen		10/23/07		768,955		6,434		6,713		279
Japanese Yen		12/11/07		69,851		620		613		(7	)
Japanese Yen		12/11/07		69,398		620		609		(11	)
Japanese Yen		12/20/07		141,221		1,235		1,242		7
Japanese Yen		12/26/07		139,753		1,235		1,230		(5	)
Korean Won		12/17/07		1,135,905		1,230		1,247		17
Mexican Nuevo Peso		10/18/07		20,705		1,915		1,891		(24	)
Mexican Nuevo Peso		10/25/07		13,794		1,270		1,259		(11	)
Mexican Nuevo Peso		11/23/07		14,406		1,295		1,313		18
Mexican Nuevo Peso		12/11/07		6,912		619		629		10
Malaysian Ringgit		10/16/07		10,904		3,180		3,204		24
Malaysian Ringgit		12/11/07		2,168		620		639		19
Malaysian Ringgit		12/17/07		4,248		1,230		1,252		22
Norweigan Krone		12/13/07		7,014		1,235		1,301		66
Norweigan Krone		12/20/07		6,945		1,235		1,288		53
New Zealand Dollar		11/14/07		1,315		885		992		107
New Zealand Dollar		11/14/07		1,315		885		992		107
New Zealand Dollar		11/23/07		936		649		706		57
New Zealand Dollar		11/30/07		922		643		694		51
New Zealand Dollar		11/30/07		936		654		705		51
New Zealand Dollar		12/7/07		743		507		559		52
New Zealand Dollar		12/10/07		746		511		561		50
New Zealand Dollar		12/11/07		908		626		683		57
New Zealand Dollar		12/21/07		1,700		1,235		1,278		43
New Zealand Dollar		12/27/07		1,678		1,230		1,261		31
New Zealand Dollar		12/31/07		1,670		1,230		1,254		24
Phillipine Peso		10/12/07		146,121		3,180		3,246		66
Phillipine Peso		10/25/07		141,764		3,175		3,148		(27	)
Phillipine Peso		12/14/07		57,170		1,230		1,268		38
Phillipine Peso		12/19/07		113,620		2,470		2,519		49
New Russian Rouble		12/26/07		30,867		1,230		1,236		6
Turkish Lira		10/18/07		1,689		1,280		1,396		116
Turkish Lira		10/19/07		2,529		1,925		2,090		165
Turkish Lira		10/26/07		2,446		1,905		2,016		111
Turkish Lira		11/6/07		826		630		678		48
Turkish Lira		11/13/07		1,702		1,173		1,394		221
Turkish Lira		11/13/07		1,702		1,183		1,394		211
Turkish Lira		11/21/07		1,799		1,295		1,470		175
Turkish Lira		11/28/07		1,777		1,308		1,448		140
Turkish Lira		12/7/07		855		639		695		56
Turkish Lira		12/12/07		1,631		1,235		1,324		89
Total Long Contracts					$	88,885	$	92,530		3,645

See Notes to Financial Statements.

85

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Ultra-Short Bond Fund

	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (3.1%)
Automobile ABS (1.0%)
Capital One Prime Auto Receivables Trust, Ser 2005-1, Cl A3, 4.320%, 08/15/09(a)		264		263
Honda Auto Receivables Owner Trust, Ser 2005-6, Cl A3, 4.917%, 10/19/09		561		560
				823
Home Equity ABS (2.1%)
Morgan Stanley Capital I, Ser 2006-NC2, Cl A2A, 5.201%, 02/25/36(a)		354		353
JP Morgan Mortgage Acquisition Corp., Ser 2006-WMC1, Cl A2, 5.201%, 03/25/36(a)		378		377
Master Asset Backed Securities Trust, Ser 2005-AB1, Cl A1A, 5.281%, 10/25/32(a)		207		206
Residential Funding Mortgage Securities, Ser 2006-HSA1, Cl A1, 5.241%, 11/25/35(a)		692		687
				1,623
Total Asset-Backed Securities (Cost $2,454)				2,446
Collateralized Mortgage Obligations (19.2%)
Adjustable Rate Mortgage Trust, Ser 2005-7, Cl 7A21, 5.381%, 10/25/35(a)		378		377
Banc of America Commercial Mortgage, Inc., Ser 2004-2, Cl A2, 3.520%, 11/10/38		526		517
Bear Stearns Alternative-A Trust, Ser 2006-2, Cl 23A1, 5.947%, 03/25/36(a)		707		707
Bear Stearns Commercial Mortgage Securities, Ser 2005-T20, Cl A1, 4.940%, 10/12/42		879		877
Countywide Home Loans, Ser 2002-39, Cl A16, 5.000%, 02/25/33		112		112
CS First Boston Mortgage Securities Corp., Ser 2004-C3, Cl A3, 4.221%, 07/15/36		500		494
CS First Boston Mortgage Securities Corp., Ser 2005-C1, Cl A2, 4.609%, 02/15/38		425		420
Collateralized Mortgage Obligations—continued
Deutsche Mortgage Securities, Inc., Ser 2004-5, Cl A2, 4.980%, 07/25/34		475		474
Fannie Mae, Ser 2003-35, Cl KA, 4.000%, 04/25/17		555		540
First Horizon Alternative Mortgage Securities, Ser 2005-AA3, Cl 2A1, 5.185%, 05/25/35(a)		618		611
First Horizon Alternative Mortgage Securities, Ser 2005-AA7, Cl 2A1, 5.411%, 09/25/35(a)		552		553
Greenwich Capital Commercial Funding Corp., Ser 2004-GG1, Cl A3, 4.404%, 06/10/36		500		496
Greenwich Capital Commercial Funding Corp., Ser 2005-GG3, Cl A2, 4.305%, 08/10/42		500		493
Greenwich Capital Commercial Funding Corp., Ser 2005-GG5, Cl A2, 5.117%, 04/10/37		225		225
GSR Mortgage Loan Trust, Ser 2007-AR1, Cl 2A1, 6.013%, 03/25/37(a)		239		241
Indymac Loan Trust, Ser 2006-L1, Cl A1, 5.206%, 04/25/11(a)		430		429
JP Morgan Chase Commercial Mortgage Securities, Ser 2005-LDP1, Cl A1, 4.173%, 03/15/46		572		566
LB Commercial Conduit Mortgage Trust, Ser 1998-C4, Cl A1B, 6.210%, 10/15/35		590		594
LB-UBS Commercial Mortgage Trust, Ser 2005-C1, Cl A2, 4.310%, 02/15/30		425		418
MASTR Adjustable Rate Mortgages Trust, Ser 2007-1, Cl 2A1, 5.994%, 11/25/36(a)		294		295
Morgan Stanley Capital I, Ser 2004-HQ4, Cl A2, 3.920%, 04/14/40		450		445
Morgan Stanley Capital I, Ser 2006-HQ8, Cl A1, 5.195%, 03/12/44		584		583

See Notes to Financial Statements.

86

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Ultra-Short Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Collateralized Mortgage Obligations—continued
Morgan Stanley Dean Witter Capital I, Ser 2001-TOP3, Cl A2, 6.010%, 07/15/33		218		218
Nationslink Funding Corp., Ser 1999-2, Cl A2C, 7.229%, 06/20/31		704		712
Opteum Mortgage Acceptance Corp., Ser 2005-4, Cl 1A1A, 5.301%, 11/25/35(a)		134		134
Terra LNR Ltd., Ser 2006-1A, Cl A1, 5.883%, 06/15/17(a) (b)		30		30
Wachovia Bank Commercial Mortgage Trust, Ser 2005-C16, Cl A2, 4.380%, 10/15/41		813		802
Wells Fargo Mortgage Backed Securities Trust, Ser 2004-S, Cl A5, 3.539%, 09/25/34(a)		750		736
Wells Fargo Mortgage Backed Securities Trust, Ser 2006-16, Cl A12, 5.432%, 11/25/36		536		531
Wells Fargo Mortgage Backed Securities Trust, Ser 2006-AR8, Cl 2A4, 5.240%, 04/25/36(a)		899		895
Wells Fargo Mortgage Backed Securities Trust, Ser 2006-AR8, Cl 3A1, 5.238%, 04/25/36(a)		797		794
Total Collateralized Mortgage Obligations (Cost $15,233)				15,319
Commercial Paper (3.0%)
Rabobank USA Finance Corp., 4.842%, 10/01/07(c)		1,200		1,199
UBS Finance Delaware LLC, 4.752%, 10/02/07(c)		1,200		1,199
Total Commercial Paper (Cost $2,400)				2,398
Corporate Bonds (18.9%)
Auto Parts & Equipment (0.3%)
Johnson Controls, Inc., 5.250%, 01/15/11		200		200
Banks (4.1%)
Bank of New York Mellon Corp., Ser G, 5.375%, 06/29/10(a)		1,000		994
JPMorgan Chase & Co., 7.000%, 11/15/09		325		338
UBS AG Stamford, 5.350%, 07/23/09(a)		760		759
Banks—continued
Wachovia Corp., 5.430%, 07/26/10(a)		850		846
Wells Fargo & Co., 4.125%, 03/10/08		340		338
				3,275
Chemicals (0.2%)
Equistar Chemical Funding Corp., 10.125%, 09/01/08		159		164
Commercial Services (0.5%)
ERAC USA Finance Co., 7.350%, 06/15/08(b)		375		379
Diversified Financial Services (7.1%)
Allstate Life Global Funding Trusts, 5.360%, 06/30/08(a)		850		851
Boeing Capital Corp., 4.750%, 08/25/08		325		325
Capital One Bank, 4.875%, 05/15/08		650		648
General Electric Capital Corp., Ser A, 4.125%, 09/01/09		200		197
Goldman Sachs Group, Inc. (The), 6.650%, 05/15/09		200		205
Goldman Sachs Group, Inc. (The), Ser B, 5.298%, 06/28/10(a)		800		793
HSBC Finance Corp., 4.125%, 03/11/08		200		199
HSBC Finance Corp., 4.125%, 11/16/09		200		195
International Lease Finance Corp., Ser Q, 4.625%, 06/02/08		500		497
Lehman Brothers Holdings, Inc., 5.450%, 10/22/08(a)		850		844
Lehman Brothers Holdings, Inc., Ser G, 4.250%, 01/27/10		225		218
Merrill Lynch & Co., Inc., Ser C, 5.406%, 05/08/09(a)		650		647
Morgan Stanley, 4.000%, 01/15/10		200		196
				5,815
Energy (0.6%)
Calenergy Co., Inc., 7.630%, 10/15/07		270		270
MidAmerican Energy Holdings Co., 3.500%, 05/15/08		222		220
				490

See Notes to Financial Statements.

87

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Ultra-Short Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Insurance (1.3%)
Lincoln National Corp., 5.470%, 04/06/09(a)		1,000		1,002
Media (1.0%)
Comcast Cable Communication, Inc., 6.750%, 01/30/11		160		166
Cox Communications, Inc., 7.750%, 11/01/10		175		187
News America, Inc., 6.625%, 01/09/08(d)		350		351
Time Warner Entertainment Co., 7.250%, 09/01/08		110		111
				815
Miscellaneous Manufacturer (0.3%)
Honeywell International, Inc., 7.500%, 03/01/10		200		212
Oil & Gas (0.7%)
Anadarko Petroleum Corp., 3.250%, 05/01/08		375		370
Enterprise Products Partners LP, Ser B, 4.625%, 10/15/09		195		193
				563
REITS (0.5%)
Simon Property Group LP, 6.375%, 11/15/07		375		375
Telecommunication Services (2.1%)
BellSouth Telecommunications, Inc., 5.875%, 01/15/09		375		379
Verizon Communications, Inc., 4.000%, 01/15/08		275		274
Vodafone Group PLC, 5.450%, 12/28/07(a)		1,000		999
				1,652
Transportation (0.2%)
Union Pacific Corp., 6.650%, 01/15/11		125		129
Total Corporate Bonds (Cost $15,093)				15,071
Master Note (1.3%)
Banks (1.3%)
Bank of America Corp., 5.310%(a)(f)		999		999
Total Master Note (Cost $1,000)				999
U.S. Government Agencies (4.5%)
Fannie Mae (0.6%)
5.200%, 11/20/09, Callable 05/20/08 @ 100(d)		450		452
Federal Home Loan Bank (1.1%)
5.300%, 01/22/10, Callable 01/22/08 @ 100		450		451
4.875%, 03/12/10		210		212
5.000%, 03/12/10		190		193
				856
Freddie Mac (2.8%)
5.400%, 04/17/09, Callable 10/17/07@ 100		1,175		1,175
5.125%, 11/24/10, Callable 11/24/08 @ 100		425		428
5.250%, 02/24/11, Callable 02/24/09 @ 100		225		227
5.400%, 02/02/12, Callable 02/02/09 @ 100		450		455
				2,285
Total U.S. Government Agencies (Cost $3,571)				3,593
U.S. Government Agency Mortgages (47.1%)
Fannie Mae (30.7%)
6.900%, 11/01/07		179		178
5.400%, 01/26/09, Callable 10/26/07 @ 100		1,000		1,001
6.652%, 07/01/09		1,349		1,361
7.736%, 02/01/10		600		626
4.500%, 01/25/25		614		609
6.337%, 08/25/30		275		275
6.814%, 05/01/32(a)		176		179
4.394%, 01/01/33(a)		816		818
4.748%, 01/01/33(a)		1,550		1,558
3.647%, 08/01/33(a)		505		505
7.184%, 09/01/33(a)		373		379
7.154%, 10/01/33(a)		556		563
5.290%, 01/01/34(a)		422		428
5.617%, 01/01/34(a)		2,460		2,506
4.332%, 03/01/34(a)		669		682
6.112%, 04/01/34(a)		2,169		2,208
5.714%, 07/01/34(a)		811		824
3.869%, 10/01/34(a)		996		1,004
4.658%, 10/01/34(a)		1,393		1,403
4.034%, 12/01/34(a)		1,161		1,170
4.247%, 12/01/34(a)		717		721
4.070%, 02/01/35(a)		1,102		1,109
4.666%, 05/01/35(a)		884		875
4.288%, 06/01/35(a)		476		475

See Notes to Financial Statements.

88

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Ultra-Short Bond Fund — concluded

	Shares or
	Principal
	Amount($)		Value($)
Fannie Mae—continued
4.827%, 06/01/35(a)		395		392
4.742%, 07/01/35(a)		800		813
4.815%, 07/01/35(a)		850		860
5.361%, 06/01/36(a)		816		816
				24,338
Freddie Mac (14.7%)
4.000%, 11/15/11		295		294
3.750%, 12/15/11		469		461
5.000%, 02/15/14		131		131
4.375%, 04/15/15		422		415
4.000%, 05/15/15		1,275		1,257
5.000%, 09/15/15		394		394
3.500%, 05/15/19		61		60
5.000%, 12/15/20		236		236
5.500%, 04/15/26		365		367
3.666%, 08/01/33(a)		553		556
4.962%, 10/01/33(a)		2,185		2,231
4.283%, 03/01/34(a)		820		824
4.924%, 04/01/34(a)		173		176
5.579%, 05/01/34(a)		2,008		2,027
4.168%, 02/01/35(a)		1,213		1,216
6.258%, 09/01/36(a)		410		418
5.517%, 04/01/37(a)		611		609
				11,672
Ginnie Mae (1.7%)
5.991%, 02/16/24(a)		251		253
3.701%, 05/16/25		1,120		1,092
				1,345
Total U.S. Government Agency Mortgages (Cost $37,007)				37,355
Short-Term Investment (1.5%)
Credit Suisse Flagship Fund (USA) LLC(e)		1,220,705		1,221
Total Short-Term Investment (Cost $1,221)				1,221
Money Market Fund (2.8%)
STI Classic Institutional Cash Management Money Market Fund (g)		2,267,571		2,268
Total Money Market Fund (Cost $2,268)				2,268
Total Investments (Cost $80,247)(h) — 101.4%				80,670
Liabilities in excess of other assets (1.4)%				(1,077	)
Net Assets — 100.0%			$	79,593

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 0.5% of net assets as of September 30, 2007.
(c)	Rate represents the effective yield at purchase.
(d)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $1,181.
(e)	This security was purchased with cash collateral held from securities lending.
(f)	Perpetual maturity.
(g)	Affiliate investment
(h)	Cost for federal income tax purposes is $80,201 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	571
Unrealized Depreciation		(102	)
Unrealized Appreciation	$	469

Cl	— Class
LLC	— Limited Liability Company
LP	— Limited Partnership
PLC	— Public Limited Company
REIT	— Real Estate Investment Trust
Ser	— Series

See Notes to Financial Statements.

89

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

U.S. Government Securities Fund

	Shares or
	Principal
	Amount($)		Value($)
Asset-Backed Securities (1.1%)
Home Equity ABS (1.1%)
Lehman XS Trust, Ser 2007-6, Cl 3A5, 5.720%, 05/25/37(a)		4,730		4,437
Wells Fargo Home Equity Trust, 4.980%, 05/25/34(a)		2,000		1,933
				6,370
Total Asset-Backed Securities (Cost $6,610)				6,370
Collateralized Mortgage Obligations (13.2%)
Countrywide Alternative Loan Trust, Ser 2007-HY3, Cl 3A1, 5.620%, 03/25/47(a)(d)		10,887		10,634
Countrywide Home Loan, Ser 2005-17, Cl 1 A8, 5.500%, 09/25/35(a)		21,696		20,965
Countrywide Home Loan, Ser 2007-8 Class 1A22, 6.000%, 01/25/38		19,950		19,957
Fannie Mae, Ser 2007-77, Cl TB, 5.500%, 07/25/31		1,327		1,321
Fremont Home Loan Trust, Ser 2005-B, Cl 2A2, 5.331%, 04/25/35(a)		44		44
GSR Mortgage Loan Trust, Ser 2005-5F, Cl 2A2, 5.500%, 06/25/35		6,601		6,327
PHH Alternative Mortgage Trust, Ser 2007-1, Cl 22A1, 5.887%, 02/25/37		12,686		12,840
Washington Mutual Mortgage Pass-Through Certificates, Ser 2006-AR6, Cl 2A3, 5.965%, 08/25/36(a)		7,841		7,452
Total Collateralized Mortgage Obligations (Cost $79,805)				79,540
U.S. Government Agency (1.7%)
Federal Farm Credit Bank (1.7%) 5.680%, 07/29/33		10,000		10,545
Total U.S. Government Agency (Cost $9,989)				10,545
U.S. Government Agency Mortgages (57.6%)
Fannie Mae (32.4%)
5.000%, 10/01/14		13,469		13,450
6.000%, 07/01/16		1,174		1,192
Fannie Mae—continued
6.000%, 07/01/16		591		600
5.500%, 01/01/18		5,664		5,669
6.290%, 08/01/18		1,075		1,102
4.500%, 09/01/20		6,034		5,811
5.500%, 12/25/28		6,827		6,856
7.000%, 06/01/32		480		499
6.000%, 03/01/33		1,174		1,181
6.000%, 10/01/33		2,068		2,078
6.000%, 04/01/34		5,349		5,369
5.500%, 09/01/34		5,023		4,930
5.500%, 02/01/35		9,262		9,083
5.500%, 02/25/35(a)		3,126		3,028
6.000%, 03/01/35		1,998		2,003
5.221%, 07/01/35(a)		13,880		13,741
5.000%, 08/01/35		8,542		8,161
5.164%, 01/01/36(a)		9,196		9,171
6.000%, 01/01/36		12,423		12,444
5.093%, 02/01/36(a)		8,167		8,216
5.220%, 02/01/36(a)		3,906		3,898
6.000%, 02/01/36		5,392		5,401
5.500%, 04/01/36		12,242		12,006
6.500%, 05/01/36		10,991		11,193
5.500%, 06/25/36(a)		10,926		10,694
7.000%, 04/01/37		15,001		15,484
5.000%, 08/25/37		15,510		14,153
7.000%, 09/01/37		7,500		7,741
				195,154
Freddie Mac (21.2%)
5.500%, 04/01/17		1,731		1,733
5.000%, 04/01/19		13,638		13,406
5.500%, 04/01/22		10,529		10,500
6.000%, 07/01/22(d)		9,903		10,030
5.500%, 10/16/22		10,000		9,969
5.500%, 12/01/33		971		953
5.000%, 09/01/35		13,870		13,277
6.378%, 06/01/36		14,820		15,089
5.500%, 07/01/36		22,220		21,760
5.500%, 07/15/36		5,000		4,874
6.500%, 09/01/36		10,297		10,484
6.000%, 08/01/37		15,478		15,497
				127,572

See Notes to Financial Statements.

90

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

U.S. Government Securities Fund — concluded

	Shares or
	Principal
	Amount($)		Value($)
U.S. Government Agency Mortgages — (continued)
Ginnie Mae (4.0%)
6.500%, 08/15/37		17,365		17,751
6.500%, 09/19/37(d)		6,000		6,133
				23,884
Total U.S. Government Agency Mortgages (Cost $345,094)				346,610
U.S. Treasury Obligations (24.7%)
U.S. Treasury Notes (24.7%)
5.000%, 02/15/11(b)		22,000		22,662
4.875%, 04/30/11(b)		14,300		14,670
4.625%, 02/29/12(b)		20,000		20,355
4.875%, 06/30/12(b)		32,400		33,306
4.125%, 08/31/12(b)		18,830		18,753
4.250%, 08/15/14(b)		28,550		28,349
4.750%, 08/15/17(b)		6,050		6,131
5.000%, 05/15/37(b)		4,600		4,719
Total U.S. Treasury Obligations (Cost $145,748)				148,945
Short-Term Investments (25.1%)
Credit Suisse Flagship Fund (USA) LLC(e)		151,054,156		151,054
Total Short-Term Investments (Cost $151,054)				151,054
Money Market Fund (3.2%)
STI Classic Institutional U.S. Government Securities Money Market Fund(f)		19,213,995		19,214
Total Money Market Fund (Cost $19,214)				19,214
Total Investments (Cost $757,514)(c) — 126.6%				762,278
Liabilities in excess of other assets (26.6)%				(160,103	)
Net Assets — 100.0%			$	602,175

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $147,073.
(c)	Cost for federal income tax purposes is $757,578 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	6,691
Unrealized Depreciation		(1,991	)
Unrealized Appreciation	$	4,700

(d)	This security was purchased on a when-issued basis.
(e)	This security was purchased with cash collateral held from securities lending.
(f)	Affiliate investment.

Cl	— Class
Ser	— Series

See Notes to Financial Statements.

91

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

U. S. Government Securities Ultra-Short Bond Fund

	Shares or
	Principal
	Amount($)		Value($)
U.S. Government Agencies (7.2%)
Fannie Mae (1.2%)
5.200%, 11/20/09, Callable 05/20/08 @ 100(a)		427		429
Federal Home Loan Bank (4.9%)
4.918%, 10/04/07		1,000		1,000
5.000%, 10/16/09, Callable 10/16/08 @ 100(a)		385		387
4.875%, 03/12/10		225		227
5.125%, 09/29/10		175		178
				1,792
Freddie Mac (1.1%)
5.125%, 11/24/10, Callable 11/24/08 @ 100		250		251
5.250%, 02/24/11, Callable 02/24/09 @ 100		150		151
				402
Total U.S. Government Agencies (Cost $2,611)				2,623
U.S. Government Agency Mortgages (88.1%)
Fannie Mae (66.8%)
5.661%, 10/24/07		1,125		1,122
5.400%, 01/26/09, Callable 10/26/07 @ 100		1,000		1,001
6.350%, 05/01/09		272		275
4.500%, 12/25/12		51		50
4.500%, 01/25/25		307		305
6.814%, 05/01/32(b)		200		204
4.415%, 01/01/33(b)		1,337		1,341
4.748%, 01/01/33(b)		1,150		1,156
4.281%, 03/01/33(b)		839		852
4.193%, 05/01/33(b)		441		444
3.595%, 07/01/33(b)		575		580
3.647%, 08/01/33(b)		545		544
7.184%, 09/01/33(b)		162		165
7.154%, 10/01/33(b)		238		241
5.290%, 01/01/34(b)		190		193
5.617%, 01/01/34(b)		617		628
4.332%, 03/01/34(b)		593		605
6.112%, 04/01/34(b)		887		903
5.590%, 07/01/34(b)		1,158		1,165
5.714%, 07/01/34(b)		804		817
3.869%, 10/01/34(b)		622		628
4.658%, 10/01/34(b)		1,045		1,052
4.033%, 12/01/34(b)		991		998
4.046%, 12/01/34(b)		975		983
4.247%, 12/01/34(b)		1,639		1,648
Fannie Mae — continued
4.630%, 12/01/34(b)		425		423
4.070%, 02/01/35(b)		772		776
4.763%, 04/01/35(b)		751		764
4.666%, 05/01/35(b)		1,061		1,050
4.288%, 06/01/35(b)		108		108
4.827%, 06/01/35(b)		718		712
4.779%, 07/01/35(b)		800		813
4.815%, 07/01/35(b)		503		509
5.318%, 08/01/35		1,192		1,209
				24,264
Freddie Mac (19.6%)
4.000%, 11/15/11		151		151
3.750%, 12/15/11		200		196
5.000%, 02/15/14		58		57
4.375%, 04/15/15		160		157
4.000%, 05/15/15		725		715
5.000%, 09/15/15		131		131
3.500%, 05/15/19		51		51
3.500%, 01/15/23		57		56
3.666%, 08/01/33(b)		553		556
4.962%, 10/01/33(b)		531		542
4.283%, 03/01/34(b)		454		456
4.924%, 04/01/34(b)		84		86
5.579%, 05/01/34(b)		669		676
5.266%, 07/01/34(b)		839		855
4.167%, 02/01/35(b)		1,121		1,125
6.258%, 09/01/36(b)		697		711
5.517%, 04/01/37(b)		586		584
				7,105
Ginnie Mae (1.7%)
5.991%, 02/16/24(b)		63		63
3.701%, 05/16/25		582		567
				630
Total U.S. Government Agency Mortgages (Cost $31,727)				31,999
Short-Term Investment (1.7%)
Credit Suisse Flagship Fund (USA) LLC(d)		599,844		600
Total Short-Term Investment (Cost $600)				600

See Notes to Financial Statements.

92

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

U. S. Government Securities Ultra-Short Bond Fund — concluded

	Shares or
	Principal
	Amount($)		Value($)
Money Market Fund (4.0%)
Federated Government Obligations Money Market Fund		1,460,727		1,461
Total Money Market Fund (Cost $1,461)				1,461
Total Investments (Cost $36,399)(c) — 101.0%				36,683
Liabilities in excess of other assets — (1.0)%				(349	)
Net Assets — 100.0%			$	36,334

(a)	This security or a partial position of the security was on loan at September 30, 2007. The total value of securities on loan at September 30, 2007 in thousands was $578.
(b)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(c)	Cost for federal income tax purposes is $36,355 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	343
Unrealized Depreciation		(15	)
Unrealized Appreciation	$	328

(d) This security was purchased with cash collateral held from securities lending.

See Notes to Financial Statements.

93

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Virginia Intermediate Municipal Bond Fund

	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (98.5%)
Virginia (98.5%)
Amherst County Service Authority, RB, 6.000%, 12/15/20, Callable 12/15/10 @ 102		500		531
Amherst County Service Authority, RB, 6.000%, 12/15/30, Callable 12/15/10 @ 102		1,750		1,847
Arlington County Industrial Development Authority, Hospital Facilities, RB, 5.500%, 07/01/11		2,000		2,106
Arlington County Industrial Development Authority, Hospital Facilities, RB, 5.500%, 07/01/17, Prerefunded 07/01/11 @ 101		2,225		2,392
Arlington County Industrial Development Authority, Resource Recovery, Alexandria/Arlington Waste, Ser B, RB, AMT, 5.375%, 01/01/12, Callable 07/01/08 @ 101, FSA		2,530		2,583
Arlington County Industrial Development Authority, Resource Recovery, Ser B, RB, AMT, 5.375%, 01/01/11, Callable 07/01/08 @ 101, FSA		2,785		2,844
Arlington County, Public Improvement, GO, 5.000%, 03/15/15, State Aid Withholding		4,950		5,378
Bedford County Economic Development Authority, Public Facilities Lease, RB, 5.250%, 05/01/24, Callable 01/01/16 @ 100, MBIA		2,890		3,088
Bristol Utility System, RB, 5.250%, 07/15/23, Callable 07/15/13 @ 100, MBIA		1,000		1,062
Chesapeake Water & Sewer Project, GO, 5.000%, 12/01/19, Callable 12/01/14 @ 101		2,465		2,619
Chesapeake, GO, 5.400%, 12/01/08		2,500		2,556
Chesterfield County Industrial Development Authority, Pollution Control, RB, 4.950%, 12/01/07, Callable 11/05/07 @ 100		500		500
Virginia—continued
Fairfax County Economic Development Authority, Residential Care Facilities, Goodwin House, Inc., RB, 4.350%, 10/01/17		750		730
Fairfax County Economic Development Authority, Residential Care Facilities, Goodwin House, Inc., RB, 4.450%, 10/01/19, Callable 10/01/17 @ 100		500		480
Fairfax County Economic Development Authority, Residential Care Facilities, Goodwin House, Inc., RB, 4.700%, 10/01/24, Callable 10/01/17 @ 100		750		717
Fairfax County, Public Improvement, Ser B, GO, 5.000%, 10/01/12, State Aid Withholding		3,250		3,471
Fauquier County, School Bonds, GO, 5.000%, 07/01/19, Callable 07/01/16 @100, MBIA		2,100		2,256
Front Royal & Warren County Development Authority, Ser B, RB, 5.000%, 04/01/23, Callable 04/01/14 @ 100, FSA		2,485		2,573
Greater Richmond Convention Center Authority, Hotel Tax, Center Expansion Project, RB, 6.125%, 06/15/25, Prerefunded 06/15/10 @ 101		1,240		1,333
Greater Richmond Convention Center Authority, Hotel Tax, RB, 5.000%, 06/15/16, Callable 06/15/15 @ 100, MBIA		2,855		3,070
Hampton Golf Course, RB, 6.000%, 12/01/12		745		764
Hampton Public Improvement, Ser A, GO, 5.000%, 04/01/22, Callable 04/01/15 @ 100, FGIC		1,640		1,730
Hampton, Ser A, GO, 5.500%, 07/15/18, Callable 07/15/12 @ 101		1,275		1,384

See Notes to Financial Statements.

94

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Virginia Intermediate Municipal Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued
Hanover County Industrial Development Authority, Regional Medical Care Project, RB, 6.375%, 08/15/18, MBIA		6,100		7,039
Henrico County Economic Development Authority, Beth Sholom Assisted Living Project, Ser A, RB, 5.850%, 07/20/19, Callable 07/20/09 @ 102, GNMA		400		418
Henrico County Economic Development Authority, Residential Care Facilities, Ser A, RB, 5.000%, 06/01/10		1,015		1,016
Henrico County Economic Development Authority, Residential Care Facilities, Ser A, RB, 6.500%, 06/01/22, Callable 06/01/12 @ 100		1,040		1,094
Henrico County Economic Development Authority, Residential Care Facilities, Westminster Canterbury, RB, 5.000%, 10/01/21, Callable 10/01/11 @ 100		1,375		1,371
Henrico County Economic Development Authority, Residential Care Facility, RB, 5.000%, 10/01/27, Callable 10/01/11 @ 103		850		821
Henrico County Economic Development Authority, Ser A, RB, 5.900%, 07/20/29, Callable 07/20/09 @ 102, GNMA		500		524
Henrico County Industrial Development Authority, Regency 64, RB, AMT, 3.350%, 03/01/16, Callable 12/13/07 @ 100, LOC: First Union National Bank		935		931
Henry County Public Service Authority, Water & Sewer, RB, 5.250%, 11/15/13, FSA		1,500		1,634
James City County Economic Development Authority, Public Facility Project, 5.000%, 06/15/21, Callable 06/15/17 @ 100, FSA		2,215		2,359
Virginia—continued
Loudoun County Industrial Development Authority, Howard Hughes Medical Institution, Ser C, RB, 4.030%, 02/15/38(a)		1,600		1,600
Loudoun County Industrial Development Authority, Loudoun Hospital Center, RB, 6.000%, 06/01/22, Prerefunded 06/01/12 @ 101		1,000		1,110
Loudoun County Industrial Development Authority, Northern Virginia Criminal Justice, RB, 5.000%, 06/01/26, Callable 06/01/16 @ 100		2,505		2,599
Loudoun County Industrial Development Authority, Public Safety Facilities Lease, Ser A, RB, 5.250%, 12/15/17, Callable 06/15/14 @ 100, FSA		1,110		1,208
Loudoun County Industrial Development Authority, Residential Care Facilities, Ser A, RB, 6.000%, 08/01/24, Callable 08/01/14 @ 100		1,750		1,820
Loudoun County Industrial Development Authority, Residential Care Facilities, Ser B, RB, 5.000%, 08/01/28, Callable 02/01/08 @ 100.50		1,100		1,099
Loudoun County Sanitation Authority, Water & Sewage, RB, 5.000%, 01/01/25, Callable 01/01/15 @ 100		3,165		3,300
Loudoun County, Public Improvement, Ser B, GO, 5.000%, 06/01/14		3,500		3,789
Louisa Industrial Development Authority, Pollution Control, Virginia Electric & Power Co., RB, 5.250%, 12/01/08, Callable 11/08/07 @ 100.5		955		966
Lynchburg Industrial Development Authority, Residential Care Facility, Westminster-Canterbury, RB, 4.875%, 07/01/21, Callable 07/01/17 @ 100		1,000		969

See Notes to Financial Statements.

95

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Virginia Intermediate Municipal Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued
Metropolitan Washington DC Airports Authority, Airport System, Ser A, RB, AMT, 5.500%, 10/01/27, Callable 10/01/11 @ 101, MBIA		1,000		1,045
Montgomery County Industrial Development Authority, RB, 5.500%, 01/15/18, Callable 01/15/12 @ 101, AMBAC		1,865		2,008
New Kent County Economic Development Authority, School & Governmental Projects, RB, 5.000%, 02/01/18, Callable 02/01/17 @ 100, FSA		2,225		2,382
Newport News Redevelopment & Housing Authority, RB, 5.850%, 12/20/30, Callable 08/20/07 @ 102, GNMA		500		509
Newport News, GO, 5.250%, 07/01/15, St Aid Withholding		3,000		3,307
Norfolk VA Water, RB, 5.125%, 11/01/28, Callable 11/01/08 @ 101, FSA		1,000		1,022
Orange County Economic Development Authority, Lease, RB, 4.750%, 02/01/22, Callable 02/01/17 @ 100, Assured GTY		2,000		2,041
Peninsula Ports Authority, Residential Care Facility, Ser A, RB, 7.375%, 12/01/23, Prerefunded 12/01/13 @ 100		4,520		5,435
Pittsylvania County, Ser B, GO, 5.625%, 03/01/15, Callable 03/01/11 @ 102, MBIA		1,000		1,081
Portsmouth, Ser A, GO, 5.000%, 04/01/14, MBIA		2,005		2,164
Portsmouth, Ser A, GO, 5.000%, 07/01/15, MBIA		2,285		2,484
Richmond Industrial Development Authority, Government Facilities, RB, 5.000%, 07/15/18, AMBAC		1,795		1,940
Richmond Industrial Development Authority, Student Housing, RB, 5.450%, 01/01/21, Callable 01/01/11 @ 102		1,000		1,041
Virginia—continued
Richmond Public Utility, RB, 5.000%, 01/15/23, Callable 01/15/15 @ 100, FSA		1,000		1,047
Richmond, GO, 5.500%, 01/15/12, Callable 01/15/11 @ 101, FSA		2,500		2,669
Richmond, GO, 5.500%, 01/15/15, Callable 01/15/11 @ 101, FSA		1,290		1,374
Richmond, GO, 5.500%, 01/15/18, Callable 01/15/11 @ 101, FSA		3,755		3,991
Riverside Regional Jail Authority, Jail Facility, RB, 4.250%, 07/01/10, Callable 07/01/09 @ 100		2,000		2,023
Roanoke Industrial Development Authority, Carilion Health System, Ser A, RB, 5.750%, 07/01/13, Callable 07/01/12 @ 100, MBIA		2,000		2,177
Roanoke Industrial Development Authority, Carilion Health System, Ser A, RB, 5.750%, 07/01/14, Callable 07/01/12 @ 100, MBIA		2,000		2,170
Roanoke Industrial Development Authority, Carilion Health System, Ser A, RB, 5.500%, 07/01/16, Callable 07/01/12 @ 100, MBIA		1,000		1,067
Roanoke Industrial Development Authority, Carilion Health System, Ser A, RB, 5.500%, 07/01/18, Callable 07/01/12 @ 100, MBIA		2,000		2,122
Roanoke Industrial Development Authority, Carilion Health System, Ser A, RB, 5.500%, 07/01/21, Callable 07/01/12 @ 100, MBIA		1,000		1,055
Roanoke Public Improvement, Ser B, GO, 5.000%, 02/01/24, Callable 02/01/15 @ 101, St Aid Withholding		2,500		2,638

See Notes to Financial Statements.

96

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Virginia Intermediate Municipal Bond Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued
Southhampton County Industrial Development Authority, School Project, Ser B, RB, 4.000%, 04/01/10, Callable 04/01/09 @ 100		1,000		1,005
Spotsylvania County Water & Sewer, RB, 5.000%, 06/01/26, FSA		3,635		3,775
Stafford County & Staunton Industrial Development Authority, RB, 5.000%, 08/01/20, Callable 08/01/17 @ 100, XLCA		1,095		1,162
Stafford County & Staunton Industrial Development Authority, RB, 5.000%, 08/01/25, Callable 08/01/17 @ 100, XLCA		3,330		3,483
Stafford County & Staunton Industrial Development Authority, Ser C, RB, 5.250%, 02/01/20, Callable 02/01/17 @ 100, XLCA		2,165		2,341
Suffolk Industrial Development Authority, Retirement Facilities, First Mortgage — Lake Prince Center, RB, 5.150%, 09/01/24, Callable 09/01/16 @ 100		725		702
Suffolk Redevelopment & Housing Authority, Multifamily Housing, Summer Station Apartments LLC, RB, 3.970%, 09/01/19, LOC: SunTrust Bank(a)		800		800
Tobacco Settlement Financing Corp., RB, 4.000%, 06/01/13		1,095		1,096
Tobacco Settlement Financing Corp., RB, 5.250%, 06/01/19, Callable 06/01/15 @ 100		2,070		2,160
Tobacco Settlement Financing Corp., RB, 5.500%, 06/01/26, Callable 06/01/15 @ 100		3,500		3,831
University of Virginia, Ser A, RB, 3.850%, 06/01/34(a)		1,215		1,215
Virginia Beach Development Authority, Ser A, RB, 5.375%, 08/01/16, Callable 08/01/12 @ 100		1,650		1,769
Virginia Beach, Public Improvement, Ser B, GO, 5.000%, 05/01/13		2,500		2,678
Virginia—continued
Virginia Beach, Ser C, GO, 5.000%, 09/15/16		2,825		3,077
Virginia College Building Authority, Educational Facilities Project, Ser A, RB, 5.000%, 02/01/15, Callable 02/01/14 @ 100		4,510		4,830
Virginia College Building Authority, Educational Facilities Project, Washington & Lee University, RB, 5.375%, 01/01/21, Callable 01/01/16 @ 100		3,090		3,459
Virginia College Building Authority, Educational Facilities, Public Higher Education Financing Program, Ser A, RB, 5.000%, 09/01/17, Callable 09/01/16 @ 100, State Aid Withholding		3,000		3,251
Virginia College Building Authority, Educational Facilities, RB, 5.000%, 09/01/13		3,000		3,225
Virginia Commonwealth Transportation Board, North Virginia Transportation District, Ser A, RB, 5.000%, 05/15/14		3,000		3,235
Virginia Commonwealth Transportation Board, Ser A, RB, 5.375%, 05/15/12, Callable 05/15/11 @ 100		1,000		1,060
Virginia Housing Development Authority, Commonwealth Mortgage, SubSer D1, RB, AMT, 4.000%, 01/01/09		2,000		2,008
Virginia Housing Development Authority, Multifamily, Ser E, RB, AMT, 5.350%, 11/01/11, Callable 01/01/08 @ 102		1,250		1,280
Virginia Housing Development Authority, Multifamily, Ser H, RB, AMT, 5.625%, 11/01/18, Callable 11/01/09 @ 100		3,500		3,594

See Notes to Financial Statements.

97

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Virginia Intermediate Municipal Bond Fund — concluded

	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued
Virginia Housing Development Authority, Multifamily, Ser I, RB, AMT, 4.875%, 11/01/12, Callable 01/01/09 @ 101		1,950		1,986
Virginia Polytechnic Institute & State University, Ser D, RB, 5.125%, 06/01/21, Callable 06/01/14 @ 101, AMBAC		2,095		2,241
Virginia Public Building Authority, Public Facilities, Ser C, RB, 5.000%, 08/01/14		2,000		2,158
Virginia Public School Authority, School Financing 1997 Resolution, Ser A, RB, 5.000%, 08/01/11		3,000		3,158
Virginia Public School Authority, School Financing 1997, Ser A, RB, 5.000%, 08/01/24, Callable 08/01/14 @ 100, St Aid Withholding		1,365		1,423
Virginia Public School Authority, Ser B, RB, 5.000%, 08/01/13, Callable 08/01/10 @ 101		2,910		3,043
Virginia Resource Authority, Senior Infrastructure, Ser B, RB, 5.000%, 11/01/26, Callable 11/01/14 @ 100		2,185		2,273
Virginia Resources Authority, Clean Water State Revolving Fund, RB, 5.000%, 10/01/16		2,030		2,212
Virginia Resources Authority, Infrastructure, Ser A, RB, 5.800%, 05/01/30, Prerefunded 05/01/11 @ 101, MBIA		1,500		1,626
Western Regional Jail Authority, Jail Facilities, RB, 4.750%, 06/01/23, Callable 06/01/17 @ 100, MBIA		2,255		2,318
Winchester, Public Improvement, GO, 5.000%, 11/01/18, Callable 11/01/15 @ 100, FGIC		2,580		2,768
Virginia—continued
York County Industrial Development Authority, Pollution Control Project, RB, 5.500%, 07/01/09, Callable 11/08/07 @ 100.5		740		748
				211,463
Total Municipal Bonds (Cost $207,198)				211,463
Money Market Fund (0.7%) Federated Virginia Municipal Cash Trust, Institutional Class		1,491,476		1,491
Total Money Market Fund (Total cost $1,491)				1,491
Total Investments (Cost $208,689) (b) — 99.2%				212,954
Other assets in excess of liabilities — 0.8%				1,659
Net Assets — 100.0%			$	214,613

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Cost for federal income tax purposes is $208,674 (amount in thousands). Unrealized appreciation/(depreciation) on a tax basis is as follows (amounts in thousands):

Unrealized Appreciation	$	4,660
Unrealized Depreciation		(380	)
Unrealized Appreciation	$	4,280

AMBAC	— Security insured by American Municipal Bond Assurance Corporation
AMT	— Alternative Minimum Tax Paper
FGIC	— Security insured by Financial Guaranty Insurance Company
FSA	— Security insured by Financial Security Assurance
GNMA	— Security insured by Government National Mortgage Association
GO	— General Obligation
LLC	— Limited Liability Company
LOC	— Letter of Credit
MBIA	— Security insured by Municipal Bond Insurance Association
RB	— Revenue Bond
Ser	— Series
XLCA	— Security insured by XL Capital Assurance, Inc.

See Notes to Financial Statements.

98

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Prime Quality Money Market Fund

	Shares or
	Principal
	Amount($)		Value($)
Certificates of Deposit (7.0%)
Banks (7.0%)
ABN AMRO Bank N.V., 5.350%, 01/16/08, Callable 10/16/07 @ 100		100,000		100,000
Depfa Bank PLC NY, 5.320%, 10/23/07		50,000		50,000
Deutsche Bank AG, 4.910%, 02/28/08(a)		75,000		75,000
Deutsche Bank AG, 5.410%, 04/10/08(a)		75,000		75,000
Deutsche Bank NY, 5.335%, 04/14/08, Callable 10/15/07 @ 100		50,000		50,000
Natixis, 4.900%, 03/27/08(a)		75,000		75,000
Natixis, 5.080%, 04/21/08(a)		75,000		75,000
Natixis, 5.360%, 06/17/08, Callable 11/21/07 @ 100		50,000		50,000
Royal Bank of Canada NY, 5.558%, 03/20/08(a)		25,000		25,001
Royal Bank of Scotland, 5.200%, 03/17/08		50,000		50,000
Societe Generale NY, 4.890%, 02/15/08(a)		75,000		75,000
Total Certificates of Deposit (Cost $700,001)				700,001
Commercial Paper (32.2%)
Banks (2.5%)
Australia & New Zealand National Ltd., 5.321%, 10/25/07(b)(c)		50,000		49,825
Bank of Ireland, 5.321%, 10/26/07(b)(c)		50,000		49,818
Northern Rock PLC, 5.342%, 10/09/07(b)(c)		40,293		40,246
Northern Rock PLC, 5.364%, 11/28/07(b)(c)		98,500		97,667
Swedbank Mortgage AB, 5.331%, 10/04/07		7,600		7,597
				245,153
Diversified Financial Services (29.7%)
Alliance & Leicester PLC, 5.323%, 10/22/07(b)(c)		50,000		49,847
Diversified Financial Services—continued
American Honda Finance Corp., 5.306%, 10/11/07		40,000		39,942
Amstel Funding Corp., 5.327%, 10/23/07(b)(c)		27,640		27,551
Anglesea Funding LLC, 5.356%, 10/10/07(b)(c)		50,000		49,934
Anglesea Funding LLC, 5.356%, 11/09/07(b)(c)		150,000		149,147
ASB Finance Ltd., 5.327%, 10/17/07(b)(c)		85,000		84,801
ASB Finance Ltd., 5.536%, 01/22/08(b)(c)		40,680		39,987
Barclays U.S. Funding Corp., 5.167%, 12/26/07		150,000		148,173
Barclays U.S. Funding Corp., 5.119%, 03/26/08		75,000		73,160
Barton Capital Corp., 5.333%, 10/01/07(c)		61,795		61,795
Beethoven Funding Corp., 6.103%, 10/01/07(b)(c)		150,000		150,000
Berkeley Square Finance LLC, 5.368%, 10/12/07(b)(c)		15,369		15,344
Catapult-PmX Funding LLC, 5.496%, 11/30/07(a)(c)		100,000		99,997
Chesham Finance LLC, 5.352%, 10/09/07(a)(c)		30,000		29,965
Chesham Finance LLC, 5.375%, 12/07/07(b)(c)		30,000		29,708
Chesham Finance LLC, 5.392%, 02/04/08(b)(c)		50,000		49,106
Chesham Finance LLC, 5.400%, 05/30/08(b)(c)		26,000		25,105
Concord Minutemen Capital Corp., 5.364%, 11/05/07(b)(c)		76,059		75,668
Ebury Finance LLC, 4.800%, 10/12/07(a)(c)		50,000		50,000
Ebury Finance LLC, 5.415%, 11/02/07(b)(c)		45,000		44,792
Ebury Finance LLC, 5.464%, 01/30/08(b)(c)		60,000		58,969
Five Finance, Inc., 5.334%, 10/09/07(b)(c)		50,000		49,942
Fountain Square Commercial Funding Corp. LLC, 5.302%, 10/01/07(b)(c)		137,224		137,224
Greenwich Capital Holdings, 5.362%, 11/08/07(b)		50,000		49,721

See Notes to Financial Statements.

99

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Prime Quality Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services—continued
Hudson-Thames LLC, 5.340%, 10/01/07(b)(c)		18,249		18,249
Hudson-Thames LLC, 5.360%, 11/21/07(b)(c)		27,186		26,983
ING (U.S.) Funding LLC, 5.089%, 02/01/08(b)		75,000		73,719
Intesa Funding LLC, 5.182%, 10/01/07(b)		150,000		150,000
Irish Life & Permanent PLC, 5.327%, 10/18/07(b)(c)		50,000		49,876
Irish Life & Permanent PLC, 5.328%, 10/24/07(b)(c)		40,000		39,866
JP Morgan Chase & Co., 4.896%, 02/15/08(b)		100,000		98,173
Jupiter Securities Corp., 5.255%, 10/01/07(b)(c)		135,000		135,000
Mica Funding LLC, 5.352%, 10/03/07(b)(c)		50,000		49,985
Mica Funding LLC, 5.353%, 10/04/07(b)(c)		100,000		99,956
Mica Funding LLC, 5.664%, 03/17/08(b)(c)		50,000		49,995
Nordea North America, Inc., 5.006%, 04/01/08(b)		75,000		73,139
Old Line Funding Corp., 5.354%, 10/10/07(b)(c)		31,512		31,470
Orion Finance USA LLC, 5.344%, 10/12/07(b)(c)		50,000		49,919
Park Avenue Receivables Corp., 5.302%, 10/01/07(b)(c)		150,000		150,000
Ranger Funding Corp., 5.372%, 10/11/07(b)(c)		75,000		74,889
Wal-Mart Funding Corp., 5.302%, 11/19/07(b)(c)		150,000		148,926
Westpac Securitization Trust, 5.348%, 10/30/07(b)(c)		10,225		10,182
Westpac Securitization Trust, 5.337%, 11/19/07(b)(c)		50,000		49,643
				2,969,848
Total Commercial Paper (Cost $3,215,001)				3,215,001
Corporate Bonds (42.5%)
Automobile ABS (0.2%)
USAA Auto Owner Trust, Ser 2007-1, Cl A1, 5.337%, 07/11/08(a)		17,409		17,409
Banks (10.3%)
Alliance & Leicester PLC, 5.830%, 09/05/08(a)(c)		30,000		30,000
Allied Irish Banks PLC, 5.483%, 09/18/08(a)(c)		75,000		75,000
Bank of Ireland, 5.356%, 08/15/08(a)(c)		45,000		45,000
Bank of New York Co., Inc., 5.189%, 05/27/08(a)(c)		25,000		25,000
Bank of New York Co., Inc., 5.776%, 09/11/08(a)(c)		50,000		50,000
Credit Agricole SA, 5.180%, 07/22/08(a)(c)		50,000		50,000
Credit Suisse FB USA, Inc., 5.731%, 06/02/08(a)		58,000		58,051
Danske Bank, 5.466%, 09/19/08(a)(c)		50,000		50,000
Fortis Bank NY, 5.341%, 07/18/08(a)(c)		50,000		50,000
Lloyds TSB Group PLC, 5.658%, 10/03/08(a)(c)		75,000		75,000
National Australia Bank Ltd., 5.809%, 09/05/08(a)(c)		75,000		75,000
Northern Rock PLC, 5.785%, 09/04/08(a)(c)		50,000		50,000
Royal Bank of Canada, 5.710%, 09/30/08(a)(c)		75,000		75,000
Skandinaviska Enskilda Banken AB, 5.820%, 09/08/08(a)(c)		50,000		50,000
Skandinaviska Enskilda Banken AB, 5.180%, 10/21/08(a)(c)		50,000		50,000
Svenska Handelsbanken AB, 5.773%, 04/04/08(a)(c)		70,000		70,000
UBS AG, 5.723%, 09/16/08(a)		75,000		75,000
Wells Fargo & Co., 5.780%, 01/02/08(a)		10,000		10,000
Westpac Banking Corp., 5.743%, 09/15/08(a)(c)		60,000		60,000
				1,023,051
Computers (0.3%)
IBM Corp., 5.830%, 09/08/08, Callable 11/08/07 @ 100(a)(c)		25,000		25,000

See Notes to Financial Statements.

100

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Prime Quality Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services (31.3%)
American Express Credit Corp., 5.865%, 03/05/08(a)		90,000		90,000
American Honda Finance Corp., 5.380%, 04/10/08(a)(c)		75,000		75,000
American Honda Finance Corp., 4.840%, 05/12/08(a)(c)		50,000		50,002
Atlas Capital Funding Corp., 5.350%, 10/25/07(a)(c)		30,000		30,000
Axon Financial Funding LLC, 5.325%, 05/20/08(a)(c)		50,000		50,000
Axon Financial Funding LLC, 5.495%, 05/27/08(a)(c)		20,000		20,000
Bear Stearns Co., Inc., 5.189%, 08/28/08(a)		125,000		124,999
Beta Finance, Inc., 4.282%, 02/06/08(a)(c)		75,000		74,999
Beta Finance, Inc., 4.272%, 04/03/08(a)(c)		50,000		49,997
BNP Paribas, 5.330%, 05/07/08(a)		50,000		50,000
CC USA, Inc., 4.282%, 01/31/08(a)(c)		75,000		75,000
Cheyne Finance LLC, 4.813%, 01/14/08 LOC: SunTrust Banks, Inc. (a)(f)		50,000		49,998
Cheyne Finance LLC, 4.292%, 01/25/08 LOC: SunTrust Banks, Inc. (a)(f)		30,000		29,999
Cullinan Finance Corp., 4.820%, 10/12/07(a)(c)		70,000		70,000
Cullinan Finance Corp., 4.815%, 03/12/08(a)(c)		50,000		49,998
Cullinan Finance Corp., 5.345%, 05/15/08(a)(c)		43,000		43,000
Dorada Finance, Inc., 4.920%, 02/22/08(a)(c)		25,000		25,007
Five Finance, Inc., 4.810%, 10/30/07(a)(c)		50,000		49,999
Five Finance, Inc., 4.870%, 02/15/08(a)(c)		21,000		21,002
Goldman Sachs Group, Inc., 5.823%, 09/12/08(a)(c)		100,000		100,000
Goldman Sachs Group, Inc., 5.356%, 09/24/08(a)(c)		75,000		75,000
Hudson-Thames LLC, 5.420%, 06/16/08(a)(c)		50,000		50,000
K2 (USA) LLC, 4.820%, 12/05/07(a)(c)		50,000		49,999
Diversified Financial Services—continued
K2 (USA) LLC, 4.820%, 12/10/07(a)(c)		50,000		49,998
K2 (USA) LLC, 4.287%, 01/30/08(a)(c)		50,000		50,000
K2 (USA) LLC, 4.267%, 03/03/08(a)(c)		50,000		49,998
Lehman Brothers Holdings, Inc., Ser I, 5.504%, 09/26/08(a)		100,000		100,000
Liberty Light US Capital, 4.820%, 11/02/07(a)(c)		25,000		25,000
Liberty Light US Capital, 4.820%, 02/04/08(a)(c)		25,000		24,998
Liberty Light US Capital, 4.820%, 05/02/08(a)(c)		60,000		60,000
Liberty Light US Capital, 4.820%, 05/20/08(a)(c)		50,000		49,997
Merrill Lynch & Co., Inc., 5.342%, 08/22/08(a)		45,000		45,000
Merrill Lynch & Co., Inc., 5.754%, 09/17/08(a)		40,000		40,000
Merrill Lynch & Co., Inc., 5.296%, 09/23/08(a)		50,000		50,000
Merrill Lynch & Co., Inc., 5.800%, 10/03/08(a)		30,000		30,000
Morgan Stanley, 5.130%, 09/15/08(a)		48,500		48,500
Morgan Stanley, 5.878%, 09/15/08(a)		75,000		75,000
Orion Finance USA LLC, 5.601%, 06/04/08(a)(c)		40,000		40,000
Orion Finance USA LLC, 5.350%, 06/06/08(c)		40,000		40,000
Orion Finance USA LLC, 5.533%, 06/16/08(a)(c)		75,000		75,000
Sedna Finance, Inc., 4.275%, 03/07/08(a)(c)		75,000		74,999
Sedna Finance, Inc., 4.282%, 03/31/08(a)(c)		75,000		75,000
Sigma Finance, Inc., 4.818%, 11/21/07(a)(c)		50,000		49,999
Sigma Finance, Inc., 4.825%, 12/14/07(a)(c)		50,000		49,999
Sigma Finance, Inc., 5.350%, 01/25/08(a)(c)		65,000		65,003
Sigma Finance, Inc., 4.287%, 04/03/08(a)(c)		25,000		24,999

See Notes to Financial Statements.

101

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Prime Quality Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Diversified Financial Services—continued
Stanfield Victoria LLC, 4.287%, 01/25/08(a)(c)		75,000		74,999
Stanfield Victoria LLC, 5.430%, 06/09/08, Callable 12/10/07 @ 100(a)(c)		90,000		90,000
Toyota Motor Credit Corp., Ser B, 4.242%, 04/14/08(a)		50,000		50,000
Unilever Capital Corp., 5.796%, 09/11/08(a)(c)		50,000		50,000
Whistlejacket Capital Ltd., 4.820%, 11/07/07(a)(c)		25,000		24,999
Whistlejacket Capital Ltd., 4.820%, 01/14/08(a)(c)		100,000		99,999
Zela Finance, Inc., 5.330%, 01/25/08(a)(c)		75,000		74,998
Zela Finance, Inc., 4.282%, 03/12/08(a)(c)		50,000		50,000
Zela Finance, Inc., 5.340%, 05/29/08(c)		50,000		50,000
Zela Finance, Inc., 5.420%, 06/13/08(c)		75,000		75,000
				3,137,484
Insurance (0.4%)
Lincoln National Corp., 5.833%, 08/15/08(a)(c)		35,000		35,000
Total Corporate Bonds (Cost $4,237,945)				4,237,944
Master Note (2.9%)
Banks (2.9%)
Bank of America Corp., 5.310%(a)(d)		285,635		285,635
Total Master Note (Cost $285,634)				285,635
U.S. Government Agencies (2.1%)
Federal Home Loan Bank (2.1)%
5.000%, 01/23/08		27,704		27,274
5.036%, 02/13/08		23,600		23,164
4.994%, 02/15/08		55,600		54,568
5.375%, 04/18/08, Callable 10/18/07 @ 100		100,000		100,000
Total U.S. Government Agencies (Cost $205,006)				205,006
Repurchase Agreements (4.1%)
BNP Paribas, 4.865%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $1,969 (collateralized by Federal Home Loan Bank; DN, due 03/04/09; total market value $2,011)		1,968		1,968
HSBC Securities, Inc., 4.915%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $171,198 (collateralized by U.S. Government Agencies; 5.500%, due 09/01/37; total market value $174,552)		171,128		171,128
Lehman Brothers, Inc., 5.015%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $8,236 (collateralized by U.S. Government Agency; 6.000%, due 05/01/37; total market value $8,399)		8,232		8,232
Merrill Lynch & Co., Inc., 4.965%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $9,164 (collateralized by U.S. Government Agencies; 5.500%-6.000%, due 12/15/24-01/15/31; total market value $9,347)		9,161		9,161
Morgan Stanley, 5.015%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $61,953 (collateralized by U.S. Government Agencies; 5.500%-6.095%, due 08/01/34-08/01/37; total market value $63,166)		61,927		61,927

See Notes to Financial Statements.

102

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Prime Quality Money Market Fund — concluded

	Shares or
	Principal
	Amount($)		Value($)
Repurchase Agreements—continued
UBS Warburg LLC, 5.015%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $159,735 (collateralized by U.S. Government Agencies; 4.000%-7.500%, due 06/01/12-08/01/37; total market value $162,865)		159,668		159,668
Total Repurchase Agreements (Cost $412,084)				412,084
Money Market Funds (4.0%)
Federated Prime Cash Obligations Fund		200,000,000		200,000
Federated Prime Value Money Market Fund		200,000,000		200,000
Total Money Market Funds (Cost $400,000)				400,000
Time Deposits (4.9%)
BNP Paribas, 5.000%(a)		236,612		236,612
Calyon, 5.030%(a)		251,294		251,294
Total Time Deposits (Cost $487,906)				487,906
Total Investments (Cost $9,943,577)(e) — 99.7%				9,943,577
Other assets in excess of liabilities — 0.3%				34,851
Net Assets — 100.0%			$	9,978,428

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Rate represents the effective yield at purchase.
(c)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 58.9% of net assets as of September 30, 2007.
(d)	Perpetual maturity.
(e)	Aggregate cost for federal income tax and financial reporting purposes is the same.
(f)	The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid securities held by the Fund as of September 30, 2007 are identified below (in thousands). See Note 2 in Notes to Financial Statements.

							Amortized
Security	Acquisition		Cost		Par		Cost		Percent of
Description	Date		($)		($)		($)		Net Assets%
Cheyne Finance		01/09/07		49,994		50,000		49,998		0.50
Cheyne Finance		01/22/07		29,997		30,000		29,999		0.30

DN	— Discount Note
LLC	— Limited Liability Company
PLC	— Public Limited Company
Ser	— Series

See Notes to Financial Statements.

103

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Tax-Exempt Money Market Fund

	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (96.2%)
Alabama (2.2%)
Houston County Health Care Authority, Ser PT-880, RB, 3.540%, 10/01/19, Callable 02/12/08 @ 100, MBIA(a)		21,380		21,380
Marion Educational Building Authority, Judson College Project, RB, 3.960%, 01/01/33, LOC: SouthTrust Bank N.A.(a)		6,285		6,285
Stevenson Industrial Development Board, Environmental Improvement Revenue, Mead Corp. Project, RB, 3.770%, 11/01/16, LOC: JP Morgan Chase Bank(a)		5,000		5,000
University of Alabama, Hospital Improvements, Ser B, RB, 3.860%, 09/01/31, AMBAC(a)		10,000		10,000
				42,665
Alaska (1.5%)
Alaska State Housing Finance Corp., Housing Development, Ser D, RB, 3.900%, 06/01/37, MBIA(a)		2,000		2,000
Valdez Alaska Marine Terminal, RB, 4.110%, 12/01/29(a)		26,570		26,570
				28,570
Arizona (0.8%)
Phoenix Civic Improvement Corp., Water System, Ser PT-2898, RB, 3.950%, 07/01/24, Callable 07/01/15 @ 100, MBIA(a)		9,960		9,960
Phoenix, Ser H05, GO, 3.920%, 07/01/21, Callable 07/01/17 @ 100, LOC: Wachovia Bank N.A.(a)(b)		6,485		6,485
				16,445
California (3.2%)
California Department of Water Resources, Power Supply, Ser 1784-B, RB, 4.000%, 05/01/11, LOC: JP Morgan Chase Bank(a)(b)		8,635		8,635
Culver City School Facilities Financing Authority, Ser PT-3263, RB, 3.950%, 08/01/24, FSA(a)(b)		4,980		4,980
Los Angeles Regional Airports Improvement Corp., Sublease L.A. International, RB, 4.150%, 12/01/25, LOC: Societe Generale(a)		22,600		22,600
Pajaro Valley Unified School District, Ser PT-2779, GO, 3.950%, 08/01/22, Callable 08/01/15 @ 100, FSA(a)(b)		4,960		4,960
Putable Floating Option, Tax-Exempt Receipts, Ser PPT-4030, 3.920%, 08/01/32, FSA(a)(b)		19,980		19,980
San Francisco City & County, Ser PT-3017, GO, 3.950%, 06/15/25, Callable 06/15/12 @ 102, MBIA(a)(b)		1,000		1,000
				62,155
Colorado (1.7%)
Arkansas River Power Authority, Ser PT-3550, RB, 3.920%, 10/01/26, XLCA(a)(b)		8,500		8,500
Arkansas River Power Authority, Ser PT-3575, RB, 3.920%, 10/01/21, XLCA(a)(b)		3,000		3,000
Colorado Housing & Finance Authority, St. Moritz Project, Ser H, RB, 3.870%, 10/15/16, FNMA(a)		5,215		5,215
Colorado Water Resources & Power Development Authority, Ser PT-3179, RB, 3.950%, 08/01/25, Callable 08/01/15 @ 100, FSA(a)		12,430		12,430

See Notes to Financial Statements.

104

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Tax-Exempt Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Colorado—continued
Westminster, Ser PPT-2784, COP, 3.990%, 12/01/25, Callable 12/01/15 @ 100, MBIA(a)(b)		4,000		4,000
				33,145
Connecticut (0.3%)
Connecticut, Ser PA-720 R, GO, 3.950%, 06/15/11, Callable 06/15/10 @ 100, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		5,000		5,000
District of Columbia (0.7%)
District of Columbia, Planned Parenthood Project, RB, 3.870%, 12/01/29, LOC: Bank of America N.A.(a)		6,140		6,140
District of Columbia, The Phillips Collection Issue, RB, 3.870%, 08/01/33, LOC: Bank of America N.A.(a)		4,700		4,700
District of Columbia, Thurgood Marshall Center Trust, RB, 3.880%, 11/01/27, LOC: Branch Banking & Trust Co.(a)		3,220		3,220
				14,060
Florida (9.8%)
De Soto County Industrial Development, Tremron Project, RB, 3.980%, 11/01/15, LOC: Branch Banking & Trust Co.(a)		3,500		3,500
Florida Department of Environmental Protection,
Preservation, Ser PT-3335, RB, 3.950%, 07/01/24, Callable 07/01/15 @ 101, MBIA(a)(b)		19,885		19,885
Florida Local Government Finance Commission, 3.550%, 11/29/07		15,000		15,000
Hillsborough County Industrial Development Authority, Independent Day School Project, RB, 3.920%, 09/01/26, LOC: Bank of America N.A.(a)		1,800		1,800
JEA Electric Systems, Ser 3- A, RB, 3.850%, 10/01/36, CIFG(a)		75,000		75,000
Lake County School Board, Ser PA-1321, COP, 3.990%, 06/01/30, Callable 06/01/15 @ 100, AMBAC(a)(b)		2,000		2,000
Manatee County St., Stephens Upper School Project, RB, 3.870%, 11/01/25, LOC: Bank of America N.A.(a)		3,100		3,100
Miami-Dade County Industrial Development Authority, Gulliver Schools Project, RB, 3.890%, 09/01/29, LOC: Bank of America N.A.(a)		6,750		6,750
Miami-Dade County School District, Ser 1783, GO, 3.920%, 02/15/11, MBIA(a)(b)		8,260		8,260
Orlando Utilities Commission, Water & Sewer, Ser PT-2285, RB, 3.920%, 04/01/12, LOC: Dexia Credit Local(a)		8,945		8,945
Santa Rosa County Health Facilities Authority, Baptist Hospital, Inc. Project, RB, 3.870%, 10/01/21, LOC: Bank of America N.A.(a)		7,300		7,300
Sarasota County Health Facility Authority, Bay Village Project, RB, 3.890%, 12/01/23, LOC: Bank of America N.A.(a)(b)		4,000		4,000
Sunshine State Government, 3.680%, 12/06/07		15,000		15,000

See Notes to Financial Statements.

105

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Tax-Exempt Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Florida—continued
Tampa-Hillsborough County Expressway Authority, Trust Receipts K13, Ser D, RB, 3.980%, 07/01/23, AMBAC(a)(b)		2,000		2,000
Volusia County Housing Finance Authority, Ser MT 151, RB, 3.750%, 11/15/20, AMBAC(a)(b)		20,035		20,036
				192,576
Georgia (1.6%)
Bulloch County Development Authority, Ser PT-2594, RB, 3.990%, 08/01/26, Callable 08/01/15 @ 100, XLCA(a)(b)		4,060		4,060
Cobb County Development Authority, Kennesaw State University Project, RB, 3.890%, 11/01/18, AMBAC(a)		4,595		4,595
Dekalb, Newton & Gwinnett Counties Joint Development Authority, GGC Real Estate Package I LLC, RB, 3.910%, 06/01/32, LOC: Wachovia Bank N.A.(a)		3,500		3,500
Dekalb, Newton & Gwinnett Counties Joint Development Authority, GPC Real Estate Student I, RB, 3.910%, 06/01/35, LOC: Wachovia Bank N.A.(a)		5,000		5,000
Fulton County Development Authority, Kings Ridge Christian School, RB, 3.880%, 05/01/26, LOC: Branch Banking & Trust Co.(a)		3,000		3,000
Georgia State Finance & Investment Commission, GO, 3.920%, 07/01/15, LOC: Citibank N.A.(a)(b)		6,350		6,350
Georgia—continued
Toombs County Hospital Authority, Meadows Regional Medical Center Project, RB, 3.880%, 12/01/17, LOC: Branch Banking & Trust Co.(a)		4,300		4,300
				30,805
Idaho (1.8%)
Eclipse Funding Trust, RB, 3.780%, 04/01/36, Callable 04/01/17 @ 100, MBIA(a)(b)		20,000		20,000
Idaho Health Facility Authority, St. Lukes Regional Medical Center Project, RB, 4.150%, 07/01/35, FSA(a)		14,700		14,700
				34,700
Illinois (9.7%)
Bloomington-Normal Airport Authority, GO, 4.330%, 01/01/12, LOC: JP Morgan Chase Bank(a)		500		500
Chicago Illinois Sales Tax, Ser PT-2866, RB, 3.950%, 01/01/26, Callable 07/01/15 @ 100, FSA(a)(b)		2,800		2,800
Chicago O’Hare International Airport, General Airport 2nd Lien, Ser B, RB, 3.750%, 01/01/15, LOC: Societe Generale(a)		5,200		5,200
Chicago O’Hare International Airport, General Airport, 3rd Lien, Ser C, RB, 3.870%, 01/01/35, CIFG(a)		22,940		22,940
Chicago, Merlots Project, Ser WWW, GO, 3.920%, 01/01/22, AMBAC(a)(b)		11,000		11,000
Du Page & Will Counties Community School District No 204 Indian, GO, 3.700%, 12/30/21, FGIC(a)(b)		8,680		8,680

See Notes to Financial Statements.

106

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Tax-Exempt Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Illinois—continued
Illinois Educational Facilities Authority, Chicago Children’s Museum Project, RB, 3.960%, 02/01/28, LOC: JP Morgan Chase Bank(a)		1,600		1,600
Illinois Educational Facilities Authority, Museum of Science & Industry Project, RB, 3.960%, 11/01/15, LOC: Northern Trust Co.(a)		3,900		3,900
Illinois Finance Authority, Alexian Brothers Health Project, RB, 3.790%, 04/01/35, LOC: JP Morgan Chase Bank(a)		31,000		31,000
Illinois Finance Authority, Resurrection Health, Ser C, RB, 3.840%, 05/15/35, LOC: Lasalle Bank N.A.(a)		31,475		31,475
Illinois Health Facilities Authority, Advocate Health Care Project, Ser B, RB, 3.880%, 08/15/22, LOC: JP Morgan Chase Bank(a)		1,800		1,800
Illinois Housing Development Authority, Center Apartments Project, RB, 3.750%, 01/01/08, FSA(a)		22,100		22,100
Illinois State, Merlots Project, Ser B04, GO, 3.920%, 12/01/24, Callable 01/01/12 @100, FSA(a)(b)		7,210		7,210
Jackson-Union Counties Regional Port District, Port Facilities, Enron Transportation Services, RB, 3.780%, 04/01/24, LOC: Wachovia Bank N.A.(a)		5,225		5,225
Macon County, Millikin University Project, RB, 3.850%, 10/01/28, AMBAC(a)		5,050		5,050
Illinois—continued
Naperville, Heritage YMCA Group, Inc. Project, RB, 3.880%, 12/01/29, LOC: Fifth Third Bank(a)		6,500		6,500
Regional Transportation Authority, Ser PT-2398, RB, 3.920%, 06/01/34, FSA(a)(b)		9,960		9,960
Regional Transportation Authority, Ser PT-3518, RB, 3.920%, 06/01/27, FSA(a)(b)		12,965		12,965
				189,905
Indiana (3.5%)
Baugo School Building Corp., Ser PT-3109, RB, 3.990%, 07/15/24, Callable 07/15/15 @ 100, FSA(a)(b)		2,000		2,000
Evansville Vanderburgh Public Leasing Corp., Ser PT-2694, RB, 3.990%, 01/15/24, Callable 07/15/15 @ 100, AMBAC(a)(b)		2,000		2,000
Indiana Bond Bank, RB, 3.920%, 02/01/22, Callable 02/01/15 @ 100, FGIC(a)(b)		5,090		5,090
Indiana Bond Bank, Ser PPT-2259, RB, 3.990%, 02/01/12, AMBAC(a)(b)		2,000		2,000
Indiana Development Finance Authority, Christel House Project, RB, 3.880%, 02/01/23, LOC: Fifth Third Bank(a)		5,970		5,970
Indiana Development Finance Authority, Indiana Historical Society Project, RB, 3.910%, 08/01/31, LOC: JP Morgan Chase Bank(a)(b)		1,200		1,200
Indiana Development Finance Authority, Indianapolis Museum of Art, RB, 3.910%, 02/01/37, LOC: JP Morgan Chase Bank(a)		20,300		20,300

See Notes to Financial Statements.

107

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Tax-Exempt Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Indiana—continued
Marion Economic Development, Wesleyan University Project, RB, 3.870%, 06/01/36, LOC: Bank of America N.A.(a)		10,000		10,000
MSD Warren Township Vision 2005 School Building Corp., Merlots Project, Ser A52, RB, 3.920%, 07/15/20, FGIC(a)(b)		6,595		6,595
Purdue University, Ser PT-3817, RB, 3.740%, 07/01/29, LOC: Dexia Credit Local(a)(b)		9,980		9,980
Wayne Township- Marion County School Building Corp., Ser PPT-2896, RB, 3.990%, 07/15/26, Callable 07/15/15 @ 100, FGIC(a)(b)		4,175		4,175
				69,310
Iowa (0.2%)
Iowa Higher Education Loan Authority, Private College-Graceland Project, RB, 3.920%, 02/01/33, LOC: Bank of America N.A.(a)		3,500		3,500
Kansas (0.3%)
Kansas State Department of Transportation Highway, RB, 3.920%, 09/01/17, LOC: Citibank N.A.(a)(b)		5,000		5,000
Kentucky (0.1%)
Campbell County Industrial Building, Hospital Imaging Co., Inc. Project, RB, 3.900%, 04/01/20, LOC: Fifth Third Bank(a)(b)		2,560		2,560
Louisiana (0.6%)
East Baton Rouge Parish LA Pollution Control, RB, 4.110%, 03/01/22(a)		12,700		12,700
Maryland (2.3%)
Maryland Health & Higher Education, 3.650%, 10/03/07		20,450		20,450
Maryland—continued
Maryland State Economic Development Corp., YMCA of Central Maryland, Inc. Project, RB, 3.880%, 04/01/28, LOC: Branch Banking & Trust Co.(a)		650		650
Maryland State Health & Higher Educational Facilities Authority, University of Maryland Medical System, Ser F, RB, 3.840%, 07/01/41, FGIC(a)		10,000		10,000
Maryland State, Ser PA-816, GO, 3.990%, 03/01/12, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		5,995		5,995
Montgomery County Housing Opportunities Commission, Multifamily Housing Development, Ser C, RB, 3.770%, 07/01/37, LOC: Depfa Bank PLC(a)		1,000		1,000
Montgomery County Housing Opportunities Commission, Single Family Mortgage, Ser C, RB, 3.520%, 10/26/07, FHA		6,705		6,705
				44,800
Massachusetts (3.9%)
Massachusetts Bay Transportation Authority, Sales Tax, Ser PT-2581, RB, 3.930%, 07/01/26, LOC: Dexia Credit Local(a)(b)		29,800		29,800
Massachusetts Health & Educational Facilities Authority, Amherst College, Ser H, RB, 3.600%, 11/01/33, Mandatory Put 01/10/08 @ 100		10,400		10,399
Massachusetts State Special Obligations, Dedicated Tax, Ser PT-3050, RB, 3.930%, 01/01/30, FGIC(a)(b)		24,795		24,795

See Notes to Financial Statements.

108

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Tax-Exempt Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Massachusetts—continued
Massachusetts State, Ser PT-1390, GO, 3.930%, 03/01/10, FSA(a)(b)		9,860		9,860
Massachusetts Water Pollution Abatement Trust, Ser PA-1221, RB, 3.950%, 08/01/11, LOC: Merrill Lynch Capital Services, Inc.(a)		2,500		2,500
				77,354
Michigan (2.1%)
Detroit City School District, Ser 1311, GO, 3.920%, 05/01/13, FSA(a)(b)		11,625		11,625
Michigan Hospital Finance Authority, Ser K, RB, 3.920%, 11/15/23, Callable 11/15/09 @ 101, MBIA(a)(b)		4,000		4,000
State of Michigan, School Loan, Ser 05-C, GO, 3.600%, 10/10/07, LOC: Depfa Bank PLC		25,000		25,000
				40,625
Minnesota (0.8%)
Minnesota State, Ser PT-400, RB, 3.930%, 11/01/09, LOC: Merrill Lynch Capital Services, Inc.(a)		14,810		14,824
Mississippi (1.5%)
Mississippi Development Bank, Special Obligation, Ser PT-3303, RB, 3.990%, 12/01/27, Callable 12/01/15 @ 100, AMBAC(a)(b)		5,000		5,000
Mississippi Development Bank, Special Obligation, Ser PT-3636, RB, 3.990%, 01/01/26, Callable 07/01/16 @ 100, FGIC(a)(b)		5,000		5,000
Mississippi—continued
Mississippi Hospital Equipment & Facilities Authority, North Mississippi Health Services, Ser 1, RB, 3.900%, 05/15/30, LOC: Citibank N.A.(a)		20,400		20,400
				30,400
Missouri (0.4%)
Howard Bend Levee District, Ser PT-3338, 3.990%, 03/01/27, XLCA(a)(b)		2,000		2,000
St Louis Regional Convention & Sports Complex Authority, Ser 1849, RB, 3.920%, 08/15/14, AMBAC(a)(b)		6,545		6,545
				8,545
Nebraska (1.1%)
Central Plains Energy Nebraska Gas Project, Ser 1898, RB, 3.920%, 12/01/18, LOC: JP Morgan Chase Bank(a)(b)		16,255		16,255
Omaha Public Power District, Electric, Ser PT-3607, RB, 3.990%, 02/01/14, LOC: Merrill Lynch Capital Services, Inc.(a)		5,000		5,000
				21,255
Nevada (1.2%)
Clark County Industrial Development, Ser 1306, RB, AMT, 3.940%, 03/01/38, Callable 09/01/14 @ 101, FGIC(a)(b)		3,000		3,000
Nevada State, Ser 344, GO, 3.910%, 05/15/28, Callable 05/15/08 @ 100, FGIC(a)(b)		5,495		5,495
Washoe County, Ser PT-3452, RB, 3.920%, 12/01/35, LOC: Dexia Credit Local(a)(b)		16,000		16,000
				24,495

See Notes to Financial Statements.

109

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Tax-Exempt Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
New Jersey (3.1%)
Essex County Improvement Authority, Lease, Ser PA-648, RB, 3.950%, 10/01/20, FGIC(a)(b)		2,250		2,250
New Jersey Economic Development Authority, Ser PT-2847, RB, 3.880%, 09/01/22, MBIA(a)(b)		19,570		19,570
New Jersey State Turnpike Authority, Ser PT-2843, RB, 3.880%, 01/01/30, FSA(a)(b)		10,500		10,500
New Jersey Transportation Trust Fund Authority, Ser MT-072, RB, 3.950%, 12/15/23, AMBAC(a)(b)		3,700		3,700
New Jersey Transportation Trust Fund Authority, Ser PA-802, RB, 3.890%, 12/15/09, FSA(a)(b)		10,000		10,000
New Jersey Transportation Trust Fund Authority, Ser PT-2494, RB, 3.880%, 12/15/23, AMBAC(a)(b)		20		20
New Jersey Transportation Trust Fund Authority, Ser PZ-116, RB, 3.920%, 12/15/29, AMBAC(a)(b)		15,000		15,000
				61,040
New Mexico (0.9%)
Clayton, Jail Project, Ser MT-286, RB, 3.530%, 11/01/24, Callable 11/01/16 @ 100, CIFG(a)		16,860		16,860
New York (7.6%)
Jay Street Development Corp., Facility Lease, Ser A-2, RB, 3.700%, 05/01/22, LOC: Depfa Bank PLC(a)		5,600		5,600
Long Island Power Authority, Electric System, Ser PA-1150, RB, 3.900%, 09/01/33, CIFG(a)(b)		5,000		5,000
Metropolitan Transportation Authority, Ser-1040, RB, 3.900%, 11/15/20, Callable 11/15/12 @ 100, FGIC(a)(b)		30,770		30,770
New York—continued
New York City Housing Development Corp., Ser PT-2753, RB, 3.950%, 07/01/25, Callable 07/01/15 @ 100, FGIC(a)(b)		2,250		2,250
New York City Municipal Finance Authority, Water & Sewer Systems, Ser 1870, RB, 3.900%, 12/15/14, LOC: JP Morgan Chase Bank(a)(b)		25,000		25,000
New York City Transitional Finance Authority, Ser 2080, RB, 3.900%, 11/01/20, Callable 11/01/17 @ 100, LOC: Morgan Stanley Dean Witter(a)(b)		10,220		10,220
New York City Transitional Finance Authority, Ser 3, SubSer 3C, RB, 3.700%, 11/01/22, LOC: Dexia Credit Local(a)		905		905
New York Convention Center Development Corp., Ser 1247Z, RB, 3.900%, 11/15/13, AMBAC(a)		7,000		7,000
New York State Dormitory Authority, Secondary Issues, Ser PA-1305, RB, 3.950%, 05/15/31, AMBAC(a)		4,705		4,705
New York State Dormitory Authority, Secondary Issues, Ser PT-2645, RB, 3.900%, 03/15/17, Callable 03/15/15 @ 100, AMBAC(a)(b)		9,880		9,880
New York State Dormitory Authority, Secondary Issues, Ser PT-2966, RB, 3.950%, 02/15/25, AMBAC(a)		5,465		5,465
New York State Dormitory Authority, Secondary Issues, Ser PT-3639, RB, 3.540%, 07/01/13, MBIA(a)		12,980		12,980

See Notes to Financial Statements.

110

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Tax-Exempt Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
New York—continued
New York, Ser PT-2878, GO, 3.950%, 04/01/25, Callable 04/01/15 @100, CIFG(a)(b)		3,865		3,865
New York, Ser PT-3069, GO, 3.900%, 08/01/25, Callable 08/01/15 @ 100, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		4,980		4,980
New York, Ser PT-3822, GO, 3.810%, 01/01/17, LOC: Dexia Credit Local(a)(b)		21,025		21,025
				149,645
North Carolina (5.1%)
Charlotte Water & Sewer Systems, Ser B, RB, 3.840%, 07/01/36, LOC: Depfa Bank PLC(a)		10,000		10,000
Forsyth County, Communications System Project, COP, 3.880%, 10/01/12, LOC: Wachovia Bank N.A.(a)		7,695		7,695
Forsyth County, Ser B, GO, 3.840%, 10/01/26, LOC: Depfa Bank PLC(a)		12,000		12,000
Guilford County Industrial Facilities & Pollution Control Financing, YMCA of Greensboro, Inc. Project, RB, 3.880%, 02/01/23, LOC: Branch Banking & Trust Co.(a)		4,300		4,300
Mecklenburg County, North Carolina, COP, 3.840%, 02/01/26, LOC: Depfa Bank PLC(a)		19,040		19,040
North Carolina Medical Care Commission Healthcare Facilities, University Eastern Carolina, Ser C2, RB, 3.730%, 12/01/36, AMBAC(a)		20,900		20,900
North Carolina—continued
North Carolina Medical Care Commission, Health Care Facilities, Friends Homes Project, RB, 3.850%, 09/01/33, LOC: Bank of America N.A.(a)		6,475		6,475
North Carolina Medical Care Commission, Health Care Facilities, Lutheran Services for the Aging Project, RB, 3.870%, 03/01/28, LOC: Branch Banking & Trust Co.(a)		7,650		7,650
North Carolina Medical Care Commission, North Carolina Baptist Hospitals Project, Ser B, RB, 3.790%, 06/01/22, LOC: Wachovia Bank of North Carolina(a)		1,200		1,200
North Carolina Medical Care Commission, Westcare Health Systems Obligation, Ser A, RB, 3.880%, 09/01/22, LOC: Branch Banking & Trust Co.(a)		4,120		4,120
Wake County, Public Improvement, Ser C, GO, 3.830%, 04/01/19, LOC: Lloyds TSB Bank PLC(a)		7,585		7,585
				100,965
Ohio (0.5%)
Ohio State Higher Educational Facility Commission, Pooled Financing Project, RB, 3.960%, 09/01/18, LOC: Fifth Third Bank(a)		2,540		2,540
Rickenbacker Port Authority, YMCA of Central Ohio Project, RB, 3.960%, 05/01/22, LOC: Fifth Third Bank(a)		6,700		6,700
				9,240

See Notes to Financial Statements.

111

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Tax-Exempt Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Pennsylvania (2.6%)
Delaware County Industrial Development Authority, Airport Facilities, United Parcel Service Project, RB, 4.110%, 12/01/15(a)		3,100		3,100
Delaware Valley Regional Finance Authority, Local Government, Ser PA-1028, RB, 3.910%, 01/01/14, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		12,000		12,000
Delaware Valley Regional Finance Authority, Local Government, Ser PA-1041R, RB, 3.910%, 07/01/32, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		19,990		19,990
Philadelphia Authority for Industrial Development, Chemical Heritage Foundation Project, RB, 3.890%, 07/01/27, LOC: Wachovia Bank N.A.(a)		8,380		8,380
Philadelphia School District, Tax & Revenue Anticipation Notes, Ser A, GO, 4.500%, 06/27/08, LOC: Bank of America N.A		7,000		7,039
				50,509
Puerto Rico (1.1%)
Puerto Rico Commonwealth, Public Improvement, Ser C, GO, 5.000%, 07/01/21, Mandatory Put 07/01/08 @ 100, FSA(b)		10,015		10,140
Puerto Rico Electric Power Authority, Ser PA-778R, RB, 3.950%, 07/01/20, FSA(a)(b)		1,400		1,400
Puerto Rico Highway & Transportation Authority, Ser PA-1380R, RB, 3.870%, 07/01/41, CIFG(a)(b)		10,000		10,000
				21,540
South Carolina (3.2%)
Berkeley County School District, Ser PT-3094, GO, 3.990%, 02/01/17, Callable 02/01/13 @ 102, LOC: Merrill Lynch Capital Services, Inc.(a)		4,890		4,890
Columbia Waterworks & Sewer System, Ser PT-2861, RB, 3.990%, 02/01/24, Callable 02/01/15, FSA(a)(b)		2,000		2,000
Patriots Energy Group, Gas Facilities, Ser A, RB, 3.870%, 06/01/36, CIFG(a)		10,000		10,000
South Carolina Educational Facilities Authority, Charleston Southern University Project, RB, 3.870%, 04/01/28, LOC: Bank of America N.A.(a)		5,255		5,255
South Carolina Educational Facilities Authority, Newberry College Project, RB, 3.880%, 09/01/35, LOC: Branch Banking & Trust Co.(a)		9,000		9,000
South Carolina Jobs-Economic Development Authority, USC Development Foundation Project, RB, 3.880%, 12/01/10, LOC: Branch Banking & Trust Co.(a)		6,000		6,000
South Carolina Jobs-Economic Development Authority, YMCA of Beaufort County Project, RB, 3.880%, 12/01/24, LOC: Branch Banking & Trust Co.(a)		3,170		3,170
South Carolina State Housing Finance & Development Authority, Ser PT-1272, RB, 4.010%, 12/15/30, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		10,000		10,000
South Carolina State, GO, 3.920%, 01/01/12, LOC: State Aid Withholding(a)(b)		8,000		8,000

See Notes to Financial Statements.

112

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Tax-Exempt Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
South Carolina—continued
University of South Carolina Development Foundation, RB, 3.880%, 12/01/10, LOC: Branch Banking & Trust Co.(a)		4,000		4,000
				62,315
Tennessee (2.0%)
Clarksville Natural Gas Acquisition Corp., RB, 3.920%, 06/15/17, LOC: JP Morgan Chase Bank(a)(b)		13,340		13,340
Memphis, Ser PT-3801, GO, 3.960%, 11/01/22, Callable 11/01/16 @ 100, XLCA(a)(b)		24,815		24,815
Metropolitan Government, Nashville & Davidson County Health & Educational Facilities Board, Nashville Christian School Project, RB, 3.960%, 09/01/23, LOC: SouthTrust Bank N.A.(a)		1,355		1,355
				39,510
Texas (3.5%)
Eclipse Funding Trust, Texas Southmost College District, Ser 2006-0061, GO, 3.910%, 02/15/26, Callable 02/15/15 @ 100, AMBAC(a)(b)		10,000		10,000
Garland Electric System, Ser PT-2677, RB, 3.990%, 03/01/25, Callable 03/01/14 @ 100, FSA(a)(b)		3,000		3,000
Houston Higher Education Finance Corp., Rice University Project, Ser B, RB, 3.900%, 11/15/29, LOC: JP Morgan Chase Bank(a)		18,055		18,055
Lower Colorado River Authority, Merlots Project, Ser ZZZ, RB, 3.920%, 01/01/28, FSA(a)(b)		3,500		3,500
Texas—continued
Lower Colorado River Authority, Ser RR, RB, 3.920%, 01/01/28, FSA(a)(b)		2,500		2,500
Red River Authority, Pollution Control, Ser 1890, RB, 3.920%, 06/01/17, MBIA(a)(b)		10,490		10,490
Texas Municipal Gas Acquisition & Supply Corp. I, Gas Supply, Ser PA-1453-R, RB, 4.010%, 12/15/17, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		4,000		4,000
Texas State, Ser PT-3670, GO, 3.950%, 04/01/28, Callable 04/01/17 @ 100, FGIC(a)(b)		15,000		15,000
Williamson County, Ser PT-2627, GO, 3.990%, 02/15/18, Callable 02/15/17 @ 100, MBIA(a)		2,000		2,000
				68,545
Virginia (3.1%)
Clarke County Industrial Development Authority, Powhatan School District Project, RB, 3.880%, 09/01/22, LOC: Branch Banking & Trust Co.(a)		1,335		1,335
Fairfax County Economic Development Authority, Public Broadcasting Services Project, RB, 3.840%, 07/01/40, LOC: Bank of America N.A.(a)		7,500		7,500
Loudoun County Industrial Development Authority, Howard Hughes Medical Institution, Ser B, RB, 3.870%, 02/15/38(a)		4,760		4,760
Loudoun County Industrial Development Authority, Howard Hughes Medical Institution, Ser C, RB, 4.030%, 02/15/38(a)		6,900		6,900

See Notes to Financial Statements.

113

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Tax-Exempt Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued
Louisa County Industrial Development Authority, University of Virginia Health Services Foundation Project, RB, 3.800%, 10/01/30, LOC: First Union National Bank(a)		3,000		3,000
Norfolk Redevelopment & Housing Authority, Student Housing Project, RB, 3.870%, 07/01/34, LOC: Bank of America N.A.(a)		7,000		7,000
Peninsula Ports Authority Coal Terminal, Dominion Terminal Project, Ser C, RB, 4.150%, 07/01/16, LOC: Citibank N.A.(a)		1,400		1,400
Virginia Biotechnology Research Park Authority, United Network of Organ Sharing Project, RB, 3.890%, 04/01/27, LOC: Wachovia Bank N.A.(a)		6,230		6,230
Virginia Housing Development Authority, Ser PA-1310-R, RB, 3.920%, 07/01/36, Callable 07/01/11 @ 100, MBIA(a)(b)		19,000		19,000
Williamsburg Industrial Development Authority, Colonial Williamsburg Project, RB, 3.850%, 10/01/35, LOC: First Union National Bank(a)		4,220		4,220
				61,345
Washington (3.0%)
King County Housing Authority, Ser PT-2185, RB, 3.990%, 09/20/42, LOC: Merrill Lynch & Co., Inc.(a)(b)		5,385		5,385
King County School District No. 401, Highline Public Schools, Ser PT-1423, GO, 3.950%, 12/01/09, FGIC(a)		9,955		9,955
Washington—continued
King County Sewer, Ser PA-1071, RB, 3.990%, 01/01/10, FSA(a)(b)		7,495		7,495
Seattle Certificates, Ser 348, GO, 3.910%, 12/15/28, Callable 12/15/08 @ 100, LOC: Morgan Stanley Dean Witter(a)(b)		4,495		4,495
Seattle Municipal Light & Power, RB, 3.750%, 11/01/15, LOC: JP Morgan Chase Bank(a)		5,000		5,000
Seattle Municipal Light & Power, Ser A, RB, 3.750%, 05/01/16, LOC: JP Morgan Chase Bank(a)		3,000		3,000
Washington Public Power Supply System, Nuclear Power Project No. 1, Ser 1A-1, RB, 3.870%, 07/01/17, LOC: Bank of America N.A.(a)		3,150		3,150
Washington State, Merlots Project, Ser B23, GO, 3.920%, 12/01/25, Callable 06/01/13 @ 100, MBIA(a)(b)		9,995		9,995
Washington State, Ser D, GO, 4.500%, 01/01/08		10,250		10,272
				58,747
Wisconsin (2.4%)
ABN AMRO Munitops Certificates Trust, Ser 2004-49, GO, 3.930%, 05/01/12, FSA(a)(b)		9,400		9,400
Wisconsin Health & Educational Facilities Authority, Aurora Health Care, Ser A, RB, 4.160%, 04/01/28, LOC: Marshall & Ilsley(a)		17,410		17,410

See Notes to Financial Statements.

114

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Tax-Exempt Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Wisconsin Health & Educational Facilities Authority, Aurora Health Care, Ser B, RB, 3.810%, 04/01/28, LOC: Marshall & Ilsley(a)		20,490		20,490
				47,300
Wyoming (0.6%)
Kemmerer Wyoming Pollution Control, RB, 4.110%, 11/01/14(a)		11,490		11,490
Other (6.2%)
Eagle Tax-Exempt Trust, Ser 991301, GO, 3.930%, 06/01/25, FSA(a)(b)		9,900		9,900
Lehman Municipal Trust Receipts, Boone McHenry & Dekalb Counties, Ser 06-P90, GO, 3.930%, 12/01/21, MBIA(a)(b)		12,820		12,820
Lehman Municipal Trust Receipts, Ser K38, GO, 3.930%, 06/01/33, Callable 06/01/17 @ 100, FGIC(a)(b)		30,000		30,000
Municipal Securities Pool Trust Receipts, Ser SG P-18, RB, 3.970%, 01/01/35, LOC: Societe Generale(a)(b)		800		800
Municipal Securities Pool Trust Receipts, Ser SG-PG 17, 3.970%, 06/01/34, LOC: Societe Generale(a)(b)		2,815		2,815
Putable Floating Option Tax Exempt, GO, 3.950%, 05/15/22, Callable 05/15/15 @ 100, AMBAC(a)(b)		5,255		5,255
Putable Floating Option Tax-Exempt Receipts, RB, 4.010%, 09/15/17, LOC: Merrill Lynch & Co., Inc.(a)(b)		7,385		7,385
Other—continued
Putable Floating Rate Option, Tax-Exempt Receipts, Ser EC-001, RB, 4.020%, 10/01/35, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		7,170		7,170
Putable Floating Rate Option, Tax-Exempt Receipts, Ser PPT-1001, Cl D, 3.990%, 03/01/40, LOC: Societe Generale(a)(b)		8,045		8,045
Putable Floating Rate Option, Tax-Exempt Receipts, Ser PPT-1001, Cl I, 3.990%, 03/01/40, LOC: Lloyds Bank(a)(b)		8,140		8,140
Putable Floating Rate Option, Tax-Exempt Receipts, Ser PPT-34, 4.140%, 12/01/29, LOC: Merrill Lynch & Co., Inc.(a)(b)		30,000		30,000
				122,330
Total Municipal Bonds (Cost $1,886,775)				1,886,775
Money Market Fund – (3.3%)
Goldman Sachs Financial Square Funds Tax Free Money Market Fund		65,451,892		65,452
Total Money Market Fund (Cost $65,452)				65,452
Total Investments (Cost $1,952,227)(c) — 99.5%				1,952,227
Other assets in excess of liabilities — 0.5%				10,067
Net Assets — 100.0%			$	1,962,294

See Notes to Financial Statements.

115

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Tax-Exempt Money Market Fund — concluded

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 46.1% of net assets as of September 30, 2007.
(c)	Aggregate cost for federal income tax and financial reporting purposes is the same.

AMBAC	— Security insured by American Municipal Bond Assurance Corporation
AMT	— Alternative Minimum Tax Paper
CIFG	— Security insured by Capitalized Interest Financial Guaranty
Cl	— Class
COP	— Certificate of Participation
FGIC	— Security insured by Financial Guaranty Insurance Company
FHA	— Security insured by Federal Housing Administration
FNMA	— Security insured by Fannie Mae
FSA	— Security insured by Financial Security Assurance
GO	— General Obligation
LLC	— Limited Liability Company
LOC	— Letter of Credit
MBIA	— Security insured by Municipal Bond Insurance Association
PLC	— Public Limited Company
RB	— Revenue Bond
Ser	— Series
XLCA	— Security insured by XL Capital Assurance, Inc.

See Notes to Financial Statements.

116

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

U.S. Government Securities Money Market Fund

	Principal
	Amount($)		Value($)
U.S. Government Agencies (27.7%)
Fannie Mae (9.7%)
5.233%, 10/01/07(a)		72,468		72,468
5.229%, 11/01/07(a)		8,807		8,768
5.300%, 01/08/08, Callable 12/14/07 @ 100		12,500		12,500
				93,736
Federal Home Loan Bank (13.4%)
5.400%, 10/26/07		9,600		9,600
5.250%, 02/04/08, Callable 11/04/07 @ 100		2,500		2,499
4.132%, 02/07/08(b)		5,000		5,000
4.132%, 02/07/08(b)		42,500		42,500
5.375%, 02/28/08, Callable 11/02/07 @ 100		400		400
5.428%, 03/20/08(b)		18,000		17,997
5.375%, 04/18/08, Callable 10/18/07 @ 100		5,000		5,000
5.300%, 05/29/08, Callable 11/29/07 @ 100		12,400		12,399
5.350%, 07/30/08, Callable 10/30/07 @ 100		20,350		20,350
5.400%, 08/15/08, Callable 11/15/07 @ 100		5,000		5,000
5.544%, 09/17/08(b)		9,150		9,146
				129,891
Freddie Mac (4.6%)
4.625%, 10/05/07		8,700		8,699
5.383%, 11/26/07(a)		3,000		2,976
5.375%, 03/14/08, Callable 11/15/07 @ 100		24,500		24,500
4.979%, 03/26/08(b)		8,000		7,999
				44,174
Total U.S. Government Agencies (Cost $267,801)				267,801
Repurchase Agreements (72.3%)
BNP Paribas, 4.865%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $71,147 (collateralized by Federal Home Loan Bank; DN, due 03/04/09; total market value $72,544)		71,119		71,119
HSBC Securities, Inc., 4.915%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $193,098 (collateralized by U.S. Government Agency; 6.500%, due 10/01/36; total market value $196,883)		193,019		193,019
Repurchase Agreements—continued
Lehman Brothers, Inc., 5.015%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $74,297 (collateralized by U.S. Government Agency; 6.000%, due 07/01/37; total market value $75,746)		74,266		74,266
Merrill Lynch & Co., Inc., 4.965%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $64,102 (collateralized by U.S. Government Agencies; 5.500%-6.000%, due 05/15/32-10/15/34; total market value $65,358)		64,076		64,076
Morgan Stanley, 5.015%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $102,831 (collateralized by U.S. Government Agencies; 5.525%-6.673%, due 12/01/32-08/01/37; total market value $106,131)		102,788		102,788
UBS Warburg LLC, 5.015%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $192,560 (collateralized by U.S. Government Agencies; 5.000%-6.500%, due 09/01/35-09/01/37; total market value $196,334)		192,480		192,480
Total Repurchase Agreements (Cost $697,748)				697,748
Total Investments (Cost $965,549)(c)— 100.0%				965,549
Liabilities in excess of other assets — 0.0%				(25	)
Net Assets — 100.0%			$	965,524

(a)	Rate represents the effective yield at purchase.
(b)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(c)	Aggregate cost for federal income tax and financial reporting purposes is the same.
DN	— Discount Note
LLC	— Limited Liability Company

See Notes to Financial Statements.

117

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

U.S. Treasury Money Market Fund

	Principal
	Amount($)		Value($)
Repurchase Agreements (100.3%)
ABN AMRO Bank N.V., 3.965%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $211,744 (collateralized by U.S. Treasury Obligations; 1.875%-9.000%, due 06/30/09-11/15/18; total market value $215,909)		211,674		211,674
BNP Paribas, 3.965%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $170,873 (collateralized by U.S. Treasury Obligation; 3.000%, due 07/15/12; total market value $174,234)		170,817		170,817
Deutsche Bank AG, 3.915%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $17,108 (collateralized by U.S. Treasury Obligations; DN-8.750%, due 05/15/17-08/15/29; total market value $17,446)		17,103		17,103
Dresdner Bank AG, 3.915%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $98,638 (collateralized by U.S. Treasury Obligation; 5.250%, due 02/15/29; total market value $100,581)		98,605		98,605
Greenwich Capital Markets, Inc., 3.865%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $145,250 (collateralized by U.S. Treasury Obligation; 6.500%, due 02/15/10; total market value $148,107)		145,203		145,203
Repurchase Agreements—continued
HSBC Securities, Inc., 4.015%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $211,991 (collateralized by U.S. Treasury Obligations; 3.625%-4.625%, due 11/30/11-08/15/15; total market value $216,162)		211,920		211,920
JP Morgan Chase & Co., 3.765%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $20,270 (collateralized by U.S. Treasury Obligations; 3.750%-5.125%, due 05/15/08-05/15/16; total market value $20,673)		20,264		20,264
Lehman Brothers, Inc., 3.965%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $14,139 (collateralized by U.S. Treasury Obligation; DN, due 03/27/08; total market value $14,421)		14,134		14,134
Merrill Lynch & Co., Inc., 3.765%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $65,460 (collateralized by U.S. Treasury Obligations; 4.500%-4.625%, due 07/31/09-05/15/17; total market value $66,752)		65,440		65,440
Morgan Stanley, 3.965%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $51,889 (collateralized by U.S. Treasury Obligation; 8.000%, due 11/15/21; total market value $52,911)		51,872		51,872

See Notes to Financial Statements.

118

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

U.S. Treasury Money Market Fund — concluded

	Principal
	Amount($)		Value($)
Repurchase Agreements—continued
UBS Warburg LLC, 3.915%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $214,601 (collateralized by U.S. Treasury Obligation; 2.000%, due 07/15/14; total market value $218,824)		214,531		214,531
Total Repurchase Agreements (Cost $1,221,563)				1,221,563
Total Investments (Cost $1,221,563)(a) — 100.3%				1,221,563
Liabilities in excess of other assets — (0.3)%				(3,973	)
Net Assets — 100.0%			$	1,217,590

(a)	Aggregate cost for federal income tax and financial reporting purposes is the same.
DN	— Discount Note
LLC	— Limited Liability Company

See Notes to Financial Statements.

119

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Virginia Tax-Free Money Market Fund

	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (96.4%)
Virginia (79.5%)
Albemarle County Industrial Development Authority, University of Virginia Health Services Project, RB, 3.890%, 10/01/22, LOC: Wachovia Bank N.A.(a)(b)		5,795		5,795
Alexandria Industrial Development Authority, American Red Cross Project, RB, 3.940%, 01/01/09, LOC: First Union National Bank(a)		1,145		1,145
Alexandria Industrial Development Authority, Association for Supervision & Currency Project, RB, 3.890%, 07/01/23, LOC: Wachovia National Bank N.A.(a)(b)		1,330		1,330
Alexandria Industrial Development Authority, Educational Facilities, Alexandria County Day School Project, RB, 3.910%, 06/01/25, LOC: First Union National Bank(a)		3,930		3,930
Alexandria Industrial Development Authority, Pooled Loan Program, Ser A, RB, 3.870%, 07/01/26, LOC: Bank of America N.A.(a)(b)		1,000		1,000
Arlington County Industrial Development Authority, Multifamily Housing, Woodbury Park Apartments, Ser A, RB, 5.350%, 07/01/18, Prerefunded 07/01/08 @ 102		1,000		1,032
Arlington County, Ballston Public Parking Project, RB, 3.820%, 08/01/17, LOC: Citibank N.A.(a)		6,150		6,150
Virginia—continued
Ashland Industrial Development Authority, Health & Community Services Facilities, YMCA Greater Richmond Project, Ser A, RB, 3.890%, 11/01/20, LOC: Wachovia Bank N.A.(a)(b)		8,230		8,230
Charlottesville Industrial Development Authority, Educational Facilities, University of Virginia Foundation Projects, Ser A, RB, 3.840%, 12/01/37, LOC: Wachovia Bank N.A.(a)		5,000		5,000
Charlottesville Industrial Development Authority, Educational Facilities, University of Virginia Foundation Projects, Series B, RB, 3.840%, 12/01/37, LOC: Wachovia Bank N.A.(a)		2,700		2,700
Charlottesville Industrial Development Authority, Seminole, Ser A, RB, 3.840%, 12/01/13, Callable 12/01/07 @ 100, LOC: Branch Banking & Trust Co.(a)		3,340		3,340
Chesapeake Bay Bridge & Tunnel Commission, District Authority, General Resolution Project, RB, 3.930%, 07/01/25, MBIA(a)		6,755		6,755
Chesapeake Bay Bridge & Tunnel Commission, District Authority, Ser A-39, RB, 3.920%, 07/01/25, MBIA(a)(b)		1,490		1,490
Chesterfield County, Public Improvement, GO, 5.000%, 01/01/08, State Aid Withholding		1,300		1,304
Clarke County Industrial Development Authority, Hospital Facilities, Winchester Medical Center Project, RB, 3.850%, 01/01/30, FSA(a)		19,480		19,480

See Notes to Financial Statements.

120

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Virginia Tax-Free Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued
Eclipse Funding Trust, Solar Eclipse, RB, 3.740%, 08/01/37, Callable 08/01/17 @ 100, XLCA(a)(b)		4,500		4,500
Fairfax County Economic Development Authority, Flint Hill School Project, RB, 3.940%, 09/01/21, LOC: First Union National Bank(a)(b)		4,205		4,205
Fairfax County Economic Development Authority, Public Broadcasting Services Project, RB, 3.840%, 07/01/40, LOC: Bank of America N.A.(a)		12,000		12,000
Fairfax County Economic Development Authority, Smithsonian Institute, Ser A, RB, 3.830%, 12/01/33, LOC: Bank of America N.A.(a)		4,000		4,000
Fairfax County Economic Development Authority, Smithsonian Institute, Ser B, RB, 3.800%, 12/01/33, LOC: Bank of America N.A.(a)		7,020		7,020
Fairfax County Industrial Development Authority, Fairfax Hospital Project, Ser A, RB, 3.730%, 10/01/25 (a)		2,250		2,250
Fairfax County Industrial Development Authority, Fairfax Hospital Project, Ser B, RB, 3.730%, 10/01/25 (a)		4,475		4,475
Fairfax County Industrial Development Authority, Inova Health Systems Project, RB, 3.730%, 01/01/30 (a)		10,620		10,620
Fairfax County Industrial Development Authority, Inova Health Systems Project, Ser C-1, 3.850%, 05/15/26 (a)		7,700		7,700
Fairfax County Industrial Development Authority, Inova Services Project, Ser A, RB, 3.730%, 01/15/22 (a)		1,300		1,300
Virginia—continued
Fairfax County Redevelopment & Housing Authority, Affordable Housing, RB, 4.000%, 02/12/08, County Guaranteed		10,000		10,014
Fairfax County Water Authority, Municipal Trade Receipts Project, Ser SGB-40A, RB, 3.900%, 04/01/30, LOC: Societe Generale(a)		7,850		7,850
Fairfax County Water Authority, Ser A-18, RB, 3.990%, 04/01/23, LOC: IXIS Municipal Products(a)(b)		6,360		6,360
Fairfax County Water Authority, Ser PZ-205, RB, 3.990%, 04/01/28, Callable 04/01/17 @ 100, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		7,200		7,200
Farmville Industrial Development Authority, Educational Facilities, Longwood Student Housing, Ser A, RB, 3.840%, 09/01/36, LOC: Bank of America N.A.(a)		5,320		5,320
Farmville Industrial Development Authority, Educational Facilities, Longwood Student Housing, Ser B, RB, 3.840%, 09/01/36, LOC: Bank of America N.A.(a)		2,080		2,080
Greene County Industrial Development Authority, Blue Ridge School Project, RB, 3.880%, 06/01/26, LOC: Branch Banking & Trust Co.(a)		5,360		5,360
Hampton Roads Jail Authority, Ser 569, RB, 3.920%, 07/01/12, MBIA(a)(b)		1,180		1,180
Hanover County Industrial Development Authority, Residential Care Facility, Covenant Woods Project, RB, 3.880%, 07/01/29, LOC: Branch Banking & Trust Co.(a)(b)		16,100		16,100

See Notes to Financial Statements.

121

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Virginia Tax-Free Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued
Henrico County Economic Development Authority, Steward School Project, RB, 3.880%, 07/01/33, LOC: Branch Banking & Trust Co.(a)		2,500		2,500
James City & County Economic Development Authority, Industrial Development, Historic Jamestown Project, RB, 3.910%, 11/01/24, LOC: Wachovia Bank N.A.(a)		700		700
King George County Industrial Development Authority, Lease, Ser PT-2473, RB, 3.990%, 03/01/24, FSA(a)		5,200		5,200
Lexington Industrial Development Authority, Educational Facilities, Virginia Military Institute Development Board, Inc. Project, 4.000%, 12/01/36, LOC: Wachovia Bank N.A.(a)		3,200		3,200
Loudoun County Industrial Development Authority, Howard Hughes Medical Institute Project, Ser D, RB, 3.850%, 02/15/38 (a)		18,900		18,900
Loudoun County Industrial Development Authority, Howard Hughes Medical Institute Project, Ser E, RB, 3.960%, 02/15/38 (a)		8,000		8,000
Loudoun County Industrial Development Authority, Howard Hughes Medical Institute Project, Ser F, RB, 3.850%, 02/15/38 (a)		4,400		4,400
Louisa County Industrial Development Authority, Pooled Financing Project, RB, 3.870%, 01/01/20, LOC: Bank of America N.A.(a)(b)		900		900
Virginia—continued
Lynchburg Industrial Development Authority, Educational Facilities, Randolph Macon Project, RB, 3.910%, 09/01/23, LOC: Wachovia Bank N.A.(a)		7,635		7,635
Lynchburg Industrial Development Hospital Facilities, VHA First Mortgage, Mid Atlantic Project, Ser G, RB, 3.830%, 12/01/25, AMBAC(a)		11,480		11,480
Newport News Industrial Development Authority, CNU Warwick LLC Student Housing Project, RB, 3.870%, 11/01/28, LOC: Bank of America N.A.(a)		6,135		6,135
Norfolk Redevelopment & Housing Authority, Old Dominion University Foundation, RB, 3.870%, 08/01/31, CIFG(a)		8,000		8,000
Peninsula Ports Authority Coal Terminal, Dominion Terminal Project, Ser C, RB, 4.150%, 07/01/16, LOC: Citibank N.A.(a)		60		60
Peninsula Ports Authority, Riverside Health Systems Project, RB, 3.860%, 07/01/37 (a)		12,900		12,900
Pocahontas Parkway Association, Toll Road, Ser A, RB, 5.250%, 08/15/09, Prerefunded 08/15/08 @ 102		6,000		6,192
Pulaski County Industrial Development Authority, Pulaski Furniture Corp. Project, RB, 3.870%, 08/01/19, LOC: Bank of America N.A.(a)(b)		7,425		7,425
Putable Floating Option Tax-Exempts Receipts, Ser PT-3932, RB, 4.040%, 08/15/33, Callable 11/15/07 @ 100, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		17,000		17,000

See Notes to Financial Statements.

122

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Virginia Tax-Free Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued
Putable Floating Option Tax-Exempts Receipts, Ser PT-4134, RB, 3.920%, 08/01/23, Callable 08/01/16 @ 100, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		4,990		4,990
Richmond, Ser PT-1601, 3.920%, 07/15/17, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		12,425		12,425
Rockingham County Industrial Development Authority, Sunnyside Presbyterian Project, RB, 3.880%, 12/01/33, LOC: Branch Banking & Trust Co.(a)		10,615		10,615
Spotsylvania County Economic Development Authority, Public Facilities, Ser PT-2882, RB, 3.990%, 02/01/25, Callable 02/01/15 @ 100, FSA(a)(b)		2,780		2,780
Stafford County & Staunton, 3.650%, 10/10/07		15,000		15,000
Tobacco Settlement Financing Corp., Ser PA-1303, RB, 3.930%, 06/01/37, Callable 06/01/15 @ 100, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		14,700		14,700
Tobacco Settlement Financing Corp., Ser PA-1341, RB, 3.900%, 06/01/37, Callable 06/01/15 @ 100, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		300		300
University of Virginia, Ser A, RB, 3.850%, 06/01/34 (a)		24,500		24,500
Virginia Beach Development Authority, Ocean Ranch Project, RB, 3.880%, 07/01/17, LOC: Branch Banking & Trust Co.(a)(b)		1,615		1,615
Virginia Beach, GO, 5.400%, 07/15/08		2,000		2,027
Virginia—continued
Virginia College Building Authority, Educational Facilities, 21st Century College & Equipment, RB, 5.000%, 02/01/08		3,000		3,013
Virginia College Building Authority, Educational Facilities, 21st Century College, Ser B, RB, 4.020%, 02/01/26, Callable 02/01/14 @ 100, LOC: Wachovia Bank N.A.(a)		3,000		3,000
Virginia Commonwealth Transportation Board, Federal Highway Reimbursement Notes, 5.000%, 10/01/07		3,155		3,155
Virginia Commonwealth Transportation Board, ROCS RR II, Ser R 1013, RB, 3.700%, 04/01/17, Callable 04/01/12 @ 100, LOC: Citigroup Global Markets(a)(b)		6,285		6,285
Virginia Commonwealth Transportation Board, Ser II-R 10076, RB, 3.920%, 05/15/19, LOC: Citibank N.A.(a)(b)		11,085		11,085
Virginia Commonwealth Transportation Board, Ser SG 134, RB, 3.920%, 05/15/22, Callable 05/15/09 @ 101, LOC: Societe Generale(a)(b)		10,235		10,235
Virginia Commonwealth University, Ser A, RB, 4.130%, 11/01/30, AMBAC(a)		15,255		15,255
Virginia Housing Development Authority, Commonwealth Mortgage, Ser D-3, RB, AMT, 3.750%, 10/01/07		1,000		1,000
Virginia Housing Development Authority, Commonwealth Mortgage, Ser J, SubSer J-1, RB, 4.300%, 07/01/08, MBIA		5,400		5,423

See Notes to Financial Statements.

123

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Virginia Tax-Free Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Virginia—continued
Virginia Resources Authority, Clean Water, Ser PA-790, RB, 3.990%, 10/01/16, Callable 10/01/10 @ 100, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		4,600		4,600
Virginia Small Business Financing Authority, Childrens Hospital of Kings, RB, 3.840%, 01/01/36, LOC: Wachovia Bank N.A.(a)		10,300		10,300
Virginia Small Business Financing Authority, Virginia Museum of Fine Arts Foundation, RB, 3.840%, 08/01/35, LOC:
Wachovia Bank N.A.(a)		1,000		1,000
Virginia Small Business Financing Authority, Virginia State University Real Estate, RB, 3.870%, 07/01/31, CIFG(a)		16,130		16,130
Virginia State Public Building Authority, Public Facilities, Ser 131, RB, 3.910%, 08/01/19, Callable 08/01/08 @ 100, MBIA(a)(b)		1,785		1,785
Virginia State Public School Authority, School Financing, 1997 Resolution Program, Ser D, RB, 5.000%, 02/01/08, State Aid Withholding		8,000		8,037
Virginia State Public School Authority, School Financing, Ser A, RB, 5.000%, 08/01/08, State Aid Withholding		1,435		1,450
Virginia State Public School Authority, Ser A, RB, 5.500%, 08/01/08, State Aid Withholding		1,500		1,522
Virginia State Public School Authority, Ser II-R 4050, RB, 3.920%, 08/01/17, Callable 08/01/13 @ 100, State Aid Withholding(a)(b)		4,070		4,070
Virginia—continued
Virginia State Public School Authority, Ser PT-1619, RB, 3.920%, 08/01/08, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		10,750		10,750
Virginia State Public School Authority, Ser PT-3269, RB, 3.920%, 08/01/20, Callable 08/01/15 @ 100, State Aid Withholding(a)(b)		7,290		7,290
Williamsburg Industrial Development Authority, Colonial Williamsburg Foundation, RB, 3.870%, 12/01/18, LOC: Bank of America N.A.(a)(b)		250		250
Winchester Industrial Development Authority, Residential Care Facilities, Westminster-Cantenbury, Ser B, RB, 3.880%, 01/01/10, LOC: Branch Banking & Trust Co.(a)		1,200		1,200
Winchester Industrial Development Authority, Residential Care Facilities, Westminster-Cantenbury, Ser B, RB, 3.880%, 01/01/35, LOC: Branch Banking & Trust Co.(a)		1,260		1,260
				525,889
Puerto Rico (14.0%)
Enhanced Return Putable Floating Option Tax-Exempt Receipts, Ser EC-1004, RB, 3.900%, 07/01/39, FGIC/MBIA/ AMBAC/FSA(a)(b)		2,640		2,640
Puerto Rico Commonwealth, Public Improvement, Ser C, GO, 5.000%, 07/01/21, Mandatory Put 07/01/08 @ 100, FSA(b)		3,000		3,038
Puerto Rico Commonwealth, Ser PA-625, GO, 3.950%, 07/01/10, AMBAC(a)(b)		3,000		3,000

See Notes to Financial Statements.

124

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Virginia Tax-Free Money Market Fund — continued

	Shares or
	Principal
	Amount($)		Value($)
Puerto Rico—continued
Puerto Rico Commonwealth, Ser PA-636, GO, 3.950%, 07/01/10, FSA(a)(b)		3,800		3,800
Puerto Rico Commonwealth, Ser PA-774, GO, 3.870%, 07/01/13, MBIA(a)(b)		7,000		7,000
Puerto Rico Commonwealth, Ser PA-943, GO, 3.870%, 07/01/19, MBIA(a)(b)		5,000		5,000
Puerto Rico Electric Power Authority, Ser PA-778R, RB, 3.950%, 07/01/20, FSA(a)(b)		980		980
Puerto Rico Government Development Bank, RB, 3.620%, 12/01/15, MBIA(a)		5,600		5,600
Puerto Rico Highway & Transportation Authority, PT-776, RB, 3.730%, 01/01/11, FGIC(a)(b)		1,900		1,900
Puerto Rico Highway & Transportation Authority, Ser PA-1380R, RB, 3.870%, 07/01/41, CIFG(a)(b)		11,395		11,395
Puerto Rico Highway & Transportation Authority, Ser PA-472, RB, 3.950%, 07/01/18, FSA(a)(b)		600		600
Puerto Rico Highway & Transportation Authority, Ser PT-3189, RB, 3.870%, 07/01/41, AMBAC(a)(b)		15,780		15,780
Puerto Rico Infrastructure Financing Authority, Ser MT-172, RB, 3.950%, 07/01/26, FGIC(a)(b)		2,485		2,485
Puerto Rico Infrastructure Financing Authority, Ser MT-252, RB, 3.870%, 07/01/20, FGIC(a)(b)		11,870		11,870
Puerto Rico Municipal Finance Agency, Ser PT-3326, RB, 3.950%, 08/01/21, CIFG(a)(b)		5,405		5,405
Puerto Rico Public Building Authority, Ser PT-2973, RB, 3.950%, 07/01/16, FGIC(a)(b)		5,500		5,500
Puerto Rico Public Finance Corp., Ser PA-502, 3.950%, 06/01/19, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		6,315		6,315
				92,308
Guam (1.7%)
Guam Power Authority, Ser PA-531, RB, 3.880%, 10/01/18, LOC: Merrill Lynch Capital Services, Inc.(a)		11,025		11,025
Other (1.2%)
Lehman Municipal Trust Receipts, Ser 07-P34W, GO, 3.880%, 10/01/40, Callable 10/01/10 @ 100, Lehman Brothers(a)(b)		8,000		8,000
Total Municipal Bonds (Cost $637,222)				637,222
Money Market Fund (3.1%)
Federated Virginia Municipal Cash Trust,Institutional Class		20,658,864		20,659
Total Money Market Fund (Cost $20,659)				20,659
Total Investments (Cost $657,881)(c) — 99.5%				657,881
Other assets in excess of liabilities — 0.5%				3,414
Net Assets — 100.0%			$	661,295

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 40.9% of net assets as of September 30, 2007.
(c)	Aggregate cost for federal income tax and financial reporting purposes is the same.

AMBAC	— Security insured by American Municipal Bond Assurance Corporation
AMT	— Alternative Minimum Tax Paper
CIFG	— Security insured by Capitalized Interest Financial Guaranty
FGIC	— Security insured by Financial Guaranty Insurance Company
FSA	— Security insured by Financial Security Assurance

See Notes to Financial Statements.

125

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Virginia Tax-Free Money Market Fund — concluded

GO	— General Obligation
LLC	— Limited Liability Company
LOC	— Letter of Credit
MBIA	— Security insured by Municipal Bond Insurance Association
RB	— Revenue Bond
Ser	— Series
XLCA	— Security insured by XL Capital Assurance, Inc.

See Notes to Financial Statements.

126

STATEMENTS OF ASSETS AND LIABILITIES

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)

(Unaudited)

	Georgia			High												Investment
	Tax-			Grade									Investment			Grade
	Exempt			Municipal			High			Intermediate			Grade			Tax-			Limited
	Bond			Bond			Income			Bond			Bond			Exempt Bond			Duration
	Fund			Fund			Fund			Fund			Fund			Fund			Fund
Assets:
Total Investments, at Cost	$	164,965		$	172,512		$	76,518		$	682,868		$	474,358		$	534,811		$	46,636
Investments, at Value*	$	167,227		$	174,070		$	71,807		$	662,319		$	474,587		$	539,205		$	44,384
Investments in Affiliates, at Value (Cost $—, $—, $—, $24,532, $2,462, $—, $2,233)		—			—			—			24,532			2,462			—			2,233
Repurchase Agreements, at Value and Cost		—			—			4,962			—			—			—			—
Total Investments		167,227			174,070			76,769			686,851			477,049		$	539,205			46,617
Interest and Dividends Receivable		2,155			2,020			1,404			6,609			4,250			5,928			173
Receivable for Capital Shares Issued		52			337			225			1,527			2,125			1,570			152
Receivable for Investment Securities Sold		—			16,409			2,705			1,250			900			6,271			—
Appreciated Credit Default Swap Agreements, at Value (Cost $—, $—, $—, $—, $—, $—, $—)		—			—			7			91			111			—			—
Unrealized Appreciation on Forward Foreign Currency Exchange Contracts		—			—			—			2,983			2,392			—			—
Foreign Currency, at Value (Cost $—, $—, $—, $5,218, $3,864, $—, $—)		—			—			—			5,253			3,890			—			—
Prepaid Expenses		4			15			8			1			8			20			—
Total Assets		169,438			192,851			81,118			704,565			490,725			552,994			46,942
Liabilities:
Income Distributions Payable		427			486			415			2,118			1,539			1,392			215
Payable for Investment Securities Purchased		7,286			20,092			6,818			20,123			2,427			37,201			—
Depreciated Credit Default Swap Agreements, at Value (Proceeds $—, $—, $—, $621, $460, $—, $—)		—			—			98			714			516			—			—
Unrealized Depreciation on Forward Foreign Currency Contracts		—			—			—			2,836			2,338			—			—
Payable for Capital Shares Redeemed		747			—			124			410			2,633			79			—
Payable for Collateral Received on Securities Loaned		—			—			8,979			146,145			96,666			—			—
Investment Advisory Fees Payable		72			79			32			108			161			208			4
Administration and Fund Accounting Fees Payable		1			3			—			9			4			5			—
Distribution and Services Fees Payable		6			5			20			—			11			8			—
Custodian Fees Payable		1			1			2			8			7			2			2
Trustee Fees Payable		—			—			—			1			1			1			—
Other Fees Payable		11			12			10			26			29			31			1
Total Liabilities		8,551			20,678			16,498			172,498			106,332			38,927			222
Total Net Assets	$	160,887		$	172,173		$	64,620		$	532,067		$	384,393		$	514,067		$	46,720
Net Assets Consist of:
Capital	$	159,622		$	171,002		$	64,776		$	531,669		$	398,637		$	510,780		$	46,780
Accumulated Net Investment Income (Loss)		(58	)		(8	)		(45	)		(115	)		(138	)		(153	)		8
Accumulated Net Realized Loss from Investment Transactions, Swaps and Foreign Currency Contracts		(939	)		(379	)		(271	)		(3,650	)		(16,932	)		(954	)		(49	)
Net Unrealized Appreciation on investments, Swaps and Foreign Currency Contracts		2,262			1,558			160			4,163			2,826			4,394			(19	)
Total Net Assets	$	160,887		$	172,173		$	64,620		$	532,067		$	384,393		$	514,067		$	46,720
Net Assets:
I Shares	$	150,893		$	164,125		$	38,964		$	531,205		$	360,137		$	496,590		$	46,720
A Shares	$	4,478		$	2,474		$	958		$	861		$	15,939		$	11.073			N/A
C Shares	$	5,516		$	5,574		$	24,698		$	1		$	8,317		$	6,404			N/A
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		14,889			15,123			5,514			53,089			34,262			43,295			4,682
A Shares		441			227			135			86			1,517			964			N/A
C Shares		544			512			3,495			—			791			559			N/A
Net Asset Value, Offering and Redemption Price Per Share:(a)
I Shares	$	10.13		$	10.85		$	7.07		$	10.01		$	10.51		$	11.47		$	9.98
A Shares	$	10.15		$	10.86		$	7.07		$	10.00		$	10.51		$	11.48			N/A
C Shares(b)	$	10.14		$	10.88		$	7.07		$	10.00		$	10.52		$	11.46			N/A
Offering Price Per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	10.13		$	10.85		$	7.07		$	10.01		$	10.51		$	11.47		$	9.98
A Shares	$	10.66		$	11.40		$	7.42		$	10.50		$	11.03		$	12.05			N/A
C Shares	$	10.14		$	10.88		$	7.07		$	10.00		$	10.52		$	11.46			N/A
Maximum Sales Charge — A Shares		4.75	%		4.75	%		4.75	%		4.75	%		4.75	%		4.75	%		N/A

Amounts designated as “—” are $0 or have been rounded to $0.

*	The High Income Fund, Intermediate Bond Fund and Investment Grade Bond Fund include securities on loan of $8,579, $141,048 and $93,240, respectively.
(a)	Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.
(b)	Redemption price per share varies based on length of time shares are held

See Notes to Financial Statements.

127

STATEMENTS OF ASSETS AND LIABILITIES

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)

(Unaudited)

										Seix
							North			Floating									Short-Term
	Limited-Term			Maryland			Carolina			Rate			Seix						U.S.
	Federal			Municipal			Tax-Exempt			High			High			Short-Term			Treasury
	Mortgage			Bond			Bond			Income			Yield			Bond			Securities
	Securities Fund			Fund			Fund			Fund			Fund			Fund			Fund
Assets:
Total Investments, at Cost	$	131,619		$	41,027		$	41,741		$	827,307		$	910,487		$	456,294		$	102,424
Investments, at Value*	$	130,559		$	41,563		$	42,029		$	734,390		$	868,041		$	447,944		$	103,176
Investments in Affiliates, at Value (Cost $1,589, $—, $—, $—, $—, $9,507, $—)		1,589			—			—			—			—			9,507			—
Repurchase Agreements, at Value and Cost		—			—			—			76,929			36,281			—			—
Total Investments		132,148			41,563			42,029			811,319			904,322			457,451			103,176
Interest and Dividends Receivable		713			416			702			5,071			14,982			2,611			711
Receivable for Capital Shares Issued		317			14			2			4,342			6,193			1,213			163
Receivable for Investment Securities Sold		8,676			—			—			38,222			14,704			12,830			—
Appreciated Credit Default Swap Agreements, at Value (Cost $—, $—, $—, $—, $912, $—, $—)		—			—			—			—			336			270			—
Receivable for Variation Margin on Futures Contracts		—			—			—			—			—			132			—
Prepaid Expenses		11			3			2			—			15			7			6
Total Assets		141,865			41,996			42,735			858,954			940,552			474,514			104,056
Liabilities:
Income Distributions Payable		601			108			129			4,337			5,000			1,396			235
Payable for Investment Securities Purchased		3,053			885			1,078			108,454			44,292			22,822			—
Payable for Capital Shares Redeemed		1,567			121			—			322			165			484			58
Depreciated Credit Default Swap Agreements, at Value (Proceeds $—, $—, $—, $5, $37, $—, $—)		—			—			—			282			622			68			—
Unrealized Depreciation on Unfunded Transactions		—			—			—			1,452			717			—			—
Payable for Collateral Received on Securities Loaned		—			—			—			—			101,322			76,789			32,777
Investment Advisory Fees Payable		58			17			19			259			288			122			23
Administration and Fund Accounting Fees Payable		1			1			—			66			5			2			—
Distribution and Services Fees Payable		11			5			—			2			9			4			8
Custodian Fees Payable		6			1			1			5			13			7			1
Trustee Fees Payable		—			—			—			—			—			—			—
Other Fees Payable		20			2			3			109			60			30			7
Total Liabilities		5,317			1,140			1,230			115,288			152,493			101,724			33,109
Total Net Assets	$	136,548		$	40,856		$	41,505		$	743,666		$	788,059		$	372,790		$	70,947
Net Assets Consist of:
Capital	$	156,733		$	40,372		$	41,868		$	761,318		$	829,641		$	382,896		$	72,728
Accumulated Net Investment Income (Loss)		188			(41	)		(63	)		(341	)		(388	)		87			(1	)
Accumulated Net Realized Gain (Loss) from Investment Transactions Swaps, Futures and Foreign Currency Contracts		(20,902	)		(11	)		(588	)		406			(33,151	)		(11,552	)		(2,532	)
Net Unrealized Appreciation/Depreciation on Investments Swaps, Futures and Foreign Currency Contracts		529			536			288			(17,717	)		(8,043	)		1,359			752
Total Net Assets	$	136,548		$	40,856		$	41,505		$	743,666		$	788,059		$	372,790		$	70,947
Net Assets:
I Shares	$	121,189		$	34,690		$	40,971		$	733,627		$	757,708		$	365,265		$	57,656
A Shares	$	2,990		$	45		$	534		$	9,855		$	25,652		$	3,683		$	3,857
C Shares	$	12,369		$	6,121		$	—		$	184		$	4,699		$	3,842		$	9,434
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		12,249			3,432			4,140			75,992			72,460			37,189			5,794
A Shares		303			4			54			1,020			2,511			374			388
C Shares		1,250			604			—			19			450			390			950
Net Asset Value, Offering and Redemption Price Per Share:(a)
I Shares	$	9.89		$	10.11		$	9.90		$	9.65		$	10.46		$	9.82		$	9.95
A Shares	$	9.88		$	10.13		$	9.87		$	9.66		$	10.22		$	9.85		$	9.94
C Shares(b)	$	9.90		$	10.13		$	9.89		$	9.66		$	10.45		$	9.84		$	9.93
Offering Price Per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	9.89		$	10.11		$	9.90		$	9.65		$	10.46		$	9.82		$	9.95
A Shares	$	10.13		$	10.64		$	10.36		$	9.91		$	10.73		$	10.10		$	10.19
C Shares	$	9.90		$	10.13		$	9.89		$	9.66		$	10.45		$	9.84		$	9.93
Maximum Sales Charge — A Shares		2.50	%		4.75	%		4.75	%		2.50	%		4.75	%		2.50	%		2.50	%

Amounts designated as “—” are $0 or have been rounded to $0.

*  The Seix High Yield Fund, Short-Term Bond Fund and Short-Term U.S. Treasury Securities Fund include securities on loan of $96,818, $74,716 and $31,762, respectively.

(a)	Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.
(b)	Redemption price per share varies based on length of time shares are held

See Notes to Financial Statements.

128

STATEMENTS OF ASSETS AND LIABILITIES

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)

(Unaudited)

													U.S.
													Government			Virginia
				Total						U.S.			Securities			Intermediate
	Strategic			Return			Ultra-Short			Government			Ultra-Short			Municipal
	Income			Bond			Bond			Securities			Bond			Bond
	Fund			Fund			Fund			Fund			Fund			Fund
Assets:
Total Investments, at Cost	$	120,571		$	703,253		$	80,247		$	757,514		$	36,399		$	208,689
Investments, at Value*	$	120,274		$	685,478		$	78,402		$	743,064		$	36,683		$	212,954
Investments in Affiliates, at Value (Cost $1,008, $19,272, $2,268, $19,214, $— and $—)		1,008			19,272			2,268			19,214			—			—
Repurchase Agreements, at Value and Cost		—			—			—			—			—			—
Total Investments		121,282			704,750			80,670			762,278			36,683			212,954
Interest and Dividends Receivable		1,610			4,983			506			3,439			182			2,773
Receivable for Capital Shares Issued		223			1,515			114			1,184			77			203
Receivable for Investment Securities Sold		1,932			9,543			279			—			136			—
Appreciated Credit Default Swap Agreements, at Value (Cost $—, $—, $—, $—, $—, $—)		—			85			—			—			—			—
Unrealized Appreciation on Forward Foreign Currency Exchange Contracts		2,977			3,773			—			—			—			—
Foreign Currency, at Value (Cost $—, $6,086, $—, $—, $—, $—)		—			6,127			—			—			—			—
Reclaims Receivable		—			2			—			—			—			—
Prepaid Expenses		7			2			5			7			4			5
Total Assets		128,031			730,780			81,574			766,908			37,082			215,935
Liabilities:
Income Distributions Payable		496			2,669			311			2,427			132			648
Payable for Investment Securities Purchased		4,678			26,474			221			9,967			—			—
Payable for Capital Shares Redeemed		231			10			200			984			—			556
Depreciated Credit Default Swap Agreements, at Value
(Proceeds $1, $695, $—, $—, $—, $—)		53			840			—			—			—			—
Unrealized Depreciation on Forward Foreign Currency Contracts		2,844			3,607			—			—			—			—
Payable for Collateral Received on Securities Loaned		17,256			72,267			1,221			151,054			600			—
Investment Advisory Fees Payable		51			127			14			244			4			97
Administration and Fund Accounting Fees Payable		1			2			1			3			1			2
Distribution and Services Fees Payable		24			—			—			5			—			3
Custodian Fees Payable		56			11			7			7			4			2
Other Fees Payable		9			41			6			42			7			14
Total Liabilities		25,699			106,048			1,981			164,733			748			1,322
Total Net Assets	$	102,332		$	624,732		$	79,593		$	602,175		$	36,334		$	214,613
Net Assets Consist of:
Capital	$	107,604		$	635,213		$	81,512		$	609,771		$	37,330		$	210,910
Accumulated Net Investment Income (Loss)		(1,025	)		(596	)		81			398			53			(11	)
Accumulated Net Realized Loss on Investment
Transactions, Swaps and Foreign Currency Contracts		(5,039	)		(11,529	)		(2,423	)		(12,758	)		(1,333	)		(551	)
Net Unrealized Appreciation/Depreciation from Investments, Swaps and Foreign Currency Contracts		792			1,644			423			4,764			284			4,265
Total Net Assets	$	102,332		$	624,732		$	79,593		$	602,175		$	36,334		$	214,613
Net Assets:
I Shares	$	72,482		$	624,433		$	79,593		$	593,876		$	36,334		$	205,647
A Shares	$	1,288		$	264			N/A		$	3,824			N/A		$	5,862
C Shares	$	28,562		$	35			N/A		$	4,475			N/A		$	3,104
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		7,432			62,800			7,950			57,806			3,637			20,408
A Shares		132			26			N/A			372			N/A			582
C Shares		2,928			3			N/A			436			N/A			308
Net Asset Value, Offering and Redemption Price Per Share:(a)
I Shares	$	9.75		$	9.94		$	10.01		$	10.27		$	9.99		$	10.08
A Shares	$	9.79		$	10.24			N/A		$	10.27			N/A		$	10.08
C Shares(b)	$	9.76		$	9.95			N/A		$	10.27			N/A		$	10.07
Offering Price Per Share (100%/(100%-maximum sales charge) of net asset value adjusted to the nearest cent):
I Shares	$	9.75		$	9.94		$	10.01		$	10.27		$	9.99		$	10.08
A Shares	$	10.28		$	10.75			N/A		$	10.78			N/A		$	10.58
C Shares	$	9.76		$	9.95			N/A		$	10.27			N/A		$	10.07
Maximum Sales Charge — A Shares		4.75	%		4.75	%		N/A			4.75	%		N/A			4.75	%

Amounts designated as “—” are $0 or have been rounded to $0.

*	The Strategic Income Fund, Total Return Bond Fund, Ultra-Short Bond Fund, U.S. Government Securities Fund and U.S. Government Securities Ultra-Short Bond Fund include securities on loan of $16,655, $69,727, $1,181, $147,073 and $578, respectively.
(a)	Per Share amounts may not recalculate due to rounding of net assets and/or shares outstanding.
(b)	Redemption price per share varies based on length of time shares are held

See Notes to Financial Statements.

129

STATEMENTS OF ASSETS AND LIABILITIES

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)

(Unaudited)

						U.S.
						Government
	Prime Quality			Tax-Exempt		Securities		U.S. Treasury			Virginia Tax-
	Money Market			Money Market		Money Market		Money Market			Free Money
	Fund			Fund		Fund		Fund			Market Fund
Assets:
Total Investments, at Cost	$	9,943,577		$	1,952,227	$	965,549	$	1,221,563		$	657,881
Investments, at Value	$	9,531,493		$	1,952,227	$	267,801	$	—		$	657,881
Repurchase Agreements, at Cost		412,084			—		697,748		1,221,563			—
Total Investments		9,943,577			1,952,227		965,549		1,221,563			657,881
Interest and Dividends Receivable		52,053			14,486		3,009		400			4,356
Receivable for Capital Shares Issued		26,790			1,807		1,128		181			1,172
Prepaid Expenses		10			7		5		6			3
Total Assets		10,022,430			1,968,527		969,691		1,222,150			663,412
Liabilities:
Income Distributions Payable		38,378			5,285		3,596		3,945			1,794
Investment Advisory Fees Payable		3,925			705		445		511			220
Administration and Fund Accounting Fees Payable		49			15		5		7			6
Compliance Services Fees Payable		4			1		—		—			—
Distribution and Services Fees Payable		818			85		38		5			50
Custodian Fees Payable		40			11		3		7			3
Trustee Fees Payable		17			4		2		—			1
Other Fees Payable		771			127		78		85			43
Total Liabilities		44,002			6,233		4,167		4,560			2,117
Total Net Assets	$	9,978,428		$	1,962,294	$	965,524	$	1,217,590		$	661,295
Net Assets Consist of:
Capital	$	9,978,417		$	1,961,987	$	965,509	$	1,217,691		$	661,190
Accumulated Net Investment Income		36			26		13		80			13
Accumulated Net Realized Gain (Loss) from Investment Transactions		(25	)		281		2		(181	)		92
Total Net Assets	$	9,978,428		$	1,962,294	$	965,524	$	1,217,590		$	661,295
Net Assets:
I Shares	$	3,393,676		$	1,262,734	$	655,372	$	1,170,386		$	260,066
A Shares	$	6,580,531		$	699,560	$	310,152	$	47,204		$	401,229
C Shares	$	4,221			N/A		N/A		N/A			N/A
Shares Outstanding (unlimited number of shares authorized, no par value):
I Shares		3,393,714			1,262,492		655,362		1,170,488			260,024
A Shares		6,580,482			699,494		310,149		47,203			401,165
C Shares		4,223			N/A		N/A		N/A			N/A
Net Asset Value, Offering and Redemption Price Per Share:
I Shares	$	1.00		$	1.00	$	1.00	$	1.00		$	1.00
A Shares	$	1.00		$	1.00	$	1.00	$	1.00		$	1.00
C Shares(a)	$	1.00			N/A		N/A		N/A			N/A

Amounts designated as “—” are $0 or have been rounded to $0.

(a)  Redemption price per share varies based on length of time shares are held

See Notes to Financial Statements.

130

STATEMENTS OF OPERATIONS

STI CLASSIC FUNDS  For the Six Months Ended September 30, 2007  (Amounts in Thousands)

(Unaudited)

																Investment
	Georgia Tax-			High Grade									Investment			Grade Tax-			Limited
	Exempt Bond			Municipal			High Income			Intermediate			Grade Bond			Exempt Bond			Duration
	Fund			Bond Fund			Fund			Bond Fund			Fund			Fund			Fund
Investment Income:
Interest Income	$	3,353		$	3,296		$	3,062		$	10,639		$	10,291		$	8,721		$	1,092
Dividend Income		30			203			—			—			—			612			—
Dividend Income from Affiliated Investment Companies		—			—			—			644			396			—			41
Income from Securities Lending		—			—			52			387			310			—			—
Total Investment Income		3,383			3,499			3,114			11,670			10,997			9,333			1,133
Expenses:
Investment Advisory Fees		426			474			212			549			1,001			1,184			21
Administration and Fund Accounting Fees		21			22			12			68			59			59			5
Compliance Services Fees		2			2			1			3			4			4			1
Distribution Fees — A Shares		3			2			1			1			24			17			—
Distribution and Services Fees — C Shares		32			31			135			—			43			34			—
Custodian Fees		2			2			5			15			12			4			2
Professional Fees		3			3			1			9			8			9			1
Insurance Fees		—			—			—			1			—			1			—
Registration Fees		5			29			8			7			19			25			3
Transfer Agent Fees		1			1			7			—			8			13			—
Printing Fees		2			3			1			8			7			7			1
Trustees’ Fees		2			2			1			5			4			5			—
Other Fees		2			1			1			9			1			5			2
Total Expenses		501			572			385			675			1,190			1,367			36
Less: Administration Fees Waived		(1	)		(1	)		(3	)		(19	)		(2	)		(2	)		—
Net Expenses		500			571			382			656			1,188			1,365			36
Net Investment Income		2,883			2,928			2,732			11,014			9,809			7,968			1,097
Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Foreign Currency:
Net Realized Loss from Investment Transactions, Swaps and Foreign Currency Transactions		(827	)		(815	)		(1,369	)		(463	)		(1,682	)		(2,297	)		(17	)
Net Change in Unrealized Appreciation/Depreciation on Investment Transactions, Swaps and Translation of Other Assets and Liabilities in Foreign Currency		(992	)		(232	)		(1,676	)		4,068			2,126			2,923			(17	)
Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Foreign Currency		(1,819	)		(1,047	)		(3,045	)		3,605			444			626			(34	)
Change in Net Assets from Operations	$	1,064		$	1,881		$	(313	)	$	14,619		$	10,253		$	8,594		$	1,063

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

131

STATEMENTS OF OPERATIONS

STI CLASSIC FUNDS  For the Six Months Ended September 30, 2007  (Amounts in Thousands)

(Unaudited)

	Limited-Term
	Federal						North												Short-Term
	Mortgage			Maryland			Carolina Tax-			Seix Floating									U.S. Treasury
	Securities			Municipal			Exempt Bond			Rate High			Seix High			Short-Term			Securities
	Fund			Bond Fund			Fund			Income Fund			Yield Fund			Bond Fund			Fund
Investment Income:
Interest Income	$	4,570		$	782		$	917		$	25,370		$	40,171		$	8,987		$	1,596
Dividend Income		—			16			22			2			—			—			31
Dividend Income from Affiliated Investment Companies		353			—			—			—			—			146			—
Income from Securities Lending		6			—			—			—			334			105			51
Total Investment Income		4,929			798			939			25,372			40,505			9,238			1,678
Expenses:
Investment Advisory Fees		483			101			120			1,453			2,220			734			139
Administration and Fund Accounting Fees		25			6			6			174			143			52			9
Compliance Services Fees		2			—			—			6			9			4			1
Distribution Fees — A Shares		3			—			1			15			35			4			4
Distribution and Services Fees — C Shares		66			32			—			—			24			21			50
Custodian Fees		9			1			1			9			20			11			1
Professional Fees		3			1			1			15			19			7			1
Insurance Fees		—			—			—			6			2			1			—
Registration Fees		16			4			4			37			22			21			19
Transfer Agent Fees		5			1			—			3			18			3			5
Printing Fees		3			1			1			23			18			6			1
Trustees’ Fees		2			—			—			16			11			4			1
Other Fees		2			1			1			24			7			2			1
Total Expenses		619			148			135			1,781			2,548			870			232
Less: Administration Fees Waived		(1	)		—			(1	)		(3	)		(5	)		(2	)		(5	)
Net Expenses		618			148			134			1,778			2,543			868			227
Net Investment Income		4,311			650			805			23,594			37,962			8,370			1,451
Net Realized and Unrealized Gain (Loss) on Investments, Swaps, Futures and Foreign Currency:
Net Realized Loss from Investment Transactions, Swaps, Futures and Foreign Currency Transactions		(2,243	)		(32	)		(454	)		(1,062	)		(15,883	)		(44	)		(63	)
Net Change in Unrealized Appreciation/Depreciation on Investment Transactions, Swaps, Futures and Translation of Other Assets and Liabilities in Foreign Currency		1,466			(317	)		(253	)		(19,560	)		(23,483	)		1,444			700
Net Realized and Unrealized Gain (Loss) on Investments, Swaps, Futures and Foreign Currency Transactions		(777	)		(349	)		(707	)		(20,622	)		(39,366	)		1,400			637
Change in Net Assets from Operations	$	3,534		$	301		$	98		$	2,972		$	(1,404	)	$	9,770		$	2,088

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

132

STATEMENTS OF OPERATIONS

STI CLASSIC FUNDS  For the Six Months Ended September 30, 2007  (Amounts in Thousands)

(Unaudited)

													U.S.
										U.S.			Government			Virginia
										Government			Securities			Intermediate
	Strategic			Total Return			Ultra-Short			Securities			Ultra-Short			Municipal
	Income Fund			Bond Fund			Bond Fund			Fund			Bond Fund			Bond Fund
Investment Income:
Interest Income	$	3,784		$	16,047		$	2,041		$	14,772		$	758		$	4,613
Dividend Income		—			—			—			700			19			46
Dividend Income from Affiliated Investment Companies		31			831			47			—			—			—
Income from Securities Lending		77			264			1			356			—			—
Total Investment Income		3,892			17,142			2,089			15,828			777			4,659
Expenses:
Investment Advisory Fees		333			766			92			1,426			34			599
Administration and Fund Accounting Fees		19			85			16			75			7			30
Compliance Services Fees		1			5			1			5			—			2
Distribution Fees — A Shares		2			—			—			5			—			4
Distribution and Services Fees — C Shares		153			—			—			24			—			16
Custodian Fees		34			17			11			11			7			3
Professional Fees		2			12			2			11			1			4
Insurance Fees		—			2			—			—			—			—
Registration Fees		14			7			8			21			9			6
Transfer Agent Fees		8			—			—			4			—			1
Printing Fees		2			10			2			9			—			3
Trustees’ Fees		1			7			1			6			—			2
Other Fees		2			6			—			7			3			6
Total Expenses		571			917			133			1,604			61			676
Less: Investment Advisory Fees Waived		(3	)		—			—			—			(10	)		—
Less: Administration Fees Waived		(12	)		(3	)		(9	)		(3	)		(4	)		(4	)
Net Expenses		556			914			124			1,601			47			672
Net Investment Income		3,336			16,228			1,965			14,227			730			3,987
Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Foreign Currency:
Net Realized Loss from Investment Transactions, Swaps and Foreign Currency Transactions		(734	)		(2,958	)		(2	)		(3,604	)		10			(455	)
Net Change in Unrealized Appreciation/Depreciation on Investment Transactions, Swaps and Translation of Other Assets and Liabilities in Foreign Currency		(812	)		2,739			83			3,113			138			(361	)
Net Realized and Unrealized Gain (Loss) on Investments, Swaps and Foreign Currency		(1,546	)		(219	)		81			(491	)		148			(816	)
Change in Net Assets from Operations	$	1,790		$	16,009		$	2,046		$	13,736		$	878		$	3,171

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

133

STATEMENTS OF OPERATIONS

STI CLASSIC FUNDS  For the Six Months Ended September 30, 2007  (Amounts in Thousands)

(Unaudited)

							U.S.
							Government
	Prime Quality			Tax-Exempt			Securities			U.S. Treasury			Virginia Tax-
	Money			Money			Money			Money			Free Money
	Market Fund			Market Fund			Market Fund			Market Fund			Market Fund
Investment Income:
Interest Income	$	262,137		$	35,068		$	25,733		$	26,821		$	11,769
Dividend Income		2,551			897			—			—			357
Total Investment Income		264,688			35,965			25,733			26,821			12,126
Expenses:
Investment Advisory Fees		23,622			4,226			2,709			2,945			1,306
Administration and Fund Accounting Fees		1,257			261			126			136			92
Compliance Services Fees		89			17			9			10			6
Distribution Fees — A Shares		4,750			476			205			27			288
Distribution and Services Fees — C Shares		5			—			—			—			—
Custodian Fees		69			17			7			9			6
Professional Fees		190			38			19			22			13
Insurance Fees		26			5			2			2			2
Registration Fees		34			19			17			13			20
Transfer Agent Fees		5			1			—			—			—
Printing Fees		255			29			14			20			10
Trustees’ Fees		104			21			10			12			7
Other Fees		82			15			13			24			5
Total Expenses		30,488			5,125			3,131			3,220			1,755
Less: Administration Fees Waived		(49	)		(10	)		(5	)		(5	)		(3	)
Net Expenses		30,439			5,115			3,126			3,215			1,752
Net Investment Income		234,249			30,850			22,607			23,606			10,374
Net Realized Gain (Loss) on Investments:
Net Realized Gain (Loss) on Investment Transactions		(25	)		162			3			31			92
Change in Net Assets from Operations	$	234,224		$	31,012		$	22,610		$	23,637		$	10,466

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

134

STATEMENTS OF CHANGES IN NET ASSETS

STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Georgia Tax-Exempt
	Bond Fund						High Grade Municipal Bond Fund						High Income Fund						Intermediate Bond Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Operations:
Net Investment Income	$	2,883		$	5,179		$	2,928		$	5,814		$	2,732		$	5,507		$	11,014		$	3,747
Net Realized Gain (Loss) from Investment Transactions, Swaps and Foreign Currency Transactions		(827	)		(111	)		(815	)		566			(1,369	)		2,975			(463	)		(424	)
Net Change in Unrealized Appreciation/Depreciation on Investments and Swaps		(992	)		1,537			(232	)		1,264			(1,676	)		992			4,068			1,667
Change in Net Assets from Operations		1,064			6,605			1,881			7,644			(313	)		9,474			14,619			4,990
Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(2,554	)		(5,083	)		(2,812	)		(5,498	)		(1,772	)		(3,270	)		(11,027	)		(3,775	)
A Shares		(69	)		(129	)		(39	)		(132	)		(25	)		(38	)		(12	)		—
C Shares		(81	)		(226	)		(77	)		(181	)		(982	)		(2,265	)		—			(2	)
Realized Gains:
I Shares		—			(102	)		—			(244	)		—			—			—			—
A Shares		—			(3	)		—			(6	)		—			—			—			—
C Shares		—			(5	)		—			(11	)		—			—			—			—
Total Dividends and Distributions		(2,704	)		(5,548	)		(2,928	)		(6,072	)		(2,779	)		(5,573	)		(11,039	)		(3,777	)
Change in Net Assets from Capital Transactions		9,942			22,321			(55	)		(7,498	)		(4,457	)		(4,961	)		434,245			14,770
Change in Net Assets		8,302			23,378			(1,102	)		(5,926	)		(7,549	)		(1,060	)		437,825			15,983
Net Assets:
Beginning of Period		152,585			129,207			173,275			179,201			72,169			73,229			94,242			78,259
End of Period	$	160,887		$	152,585		$	172,173		$	173,275		$	64,620		$	72,169		$	532,067		$	94,242
Accumulated Net Investment Income (Loss), End of Period	$	(58	)	$	(237	)	$	(8	)	$	(8	)	$	(45	)	$	2		$	(115	)	$	(90	)

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

135

STATEMENTS OF CHANGES IN NET ASSETS (continued)
STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Georgia Tax-Exempt
	Bond Fund						High Grade Municipal Bond Fund						High Income Fund						Intermediate Bond Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	28,344		$	45,378		$	24,994		$	45,498		$	13,591		$	18,813		$	465,096		$	14,152
Proceeds from Shares Issued in Acquisition		—			—			—			—			—			—			—			33,738
Dividends Reinvested		203			463			193			475			729			1,332			1,792			2,419
Cost of Shares Redeemed		(18,606	)		(20,275	)		(23,789	)		(49,059	)		(16,227	)		(16,322	)		(33,389	)		(35,571	)
Change in Net Assets from I Shares	$	9,941		$	25,566		$	1,398		$	(3,086	)	$	(1,907	)	$	3,823		$	433,499		$	14,738
A Shares:
Proceeds from Shares Issued	$	1,598		$	447		$	439		$	442		$	789		$	403		$	1,390		$	100
Dividends Reinvested		35			73			22			87			14			28			10			—
Cost of Shares Redeemed		(713	)		(659	)		(819	)		(2,809	)		(316	)		(363	)		(654	)		—
Change in Net Assets from A Shares	$	920		$	(139	)	$	(358	)	$	(2,280	)	$	487		$	68		$	746		$	100
C Shares:
Proceeds from Shares Issued	$	1		$	14		$	3		$	6		$	323		$	743		$	—		$	1
Dividends Reinvested		71			199			46			129			653			1,481			—			2
Cost of Shares Redeemed		(991	)		(3,319	)		(1,144	)		(2,267	)		(4,013	)		(11,076	)		—			(71	)
Change in Net Assets from C Shares	$	(919	)	$	(3,106	)	$	(1,095	)	$	(2,132	)	$	(3,037	)	$	(8,852	)	$	—		$	(68	)
Change in Net Assets from Capital Transactions	$	9,942		$	22,321		$	(55	)	$	(7,498	)	$	(4,457	)	$	(4,961	)	$	434,245		$	14,770
Share Transactions:
I Shares:
Issued		2,806			4,438			2,317			4,182			1,874			2,625			46,828			1,433
Issued in Acquisition		—			—			—			—			—			—			—			3,409
Reinvested		20			45			18			43			101			187			181			244
Redeemed		(1,843	)		(1,982	)		(2,199	)		(4,513	)		(2,278	)		(2,271	)		(3,371	)		(3,574	)
Change in I Shares		983			2,501			136			(288	)		(303	)		541			43,638			1,512
A Shares:
Issued		158			44			41			41			111			57			140			11
Reinvested		3			7			2			8			2			4			1			—
Redeemed		(70	)		(65	)		(76	)		(258	)		(46	)		(51	)		(66	)		—
Change in A Shares		91			(14	)		(33	)		(209	)		67			10			75			11
C Shares:
Issued		—			3			—			—			44			103			—			—
Reinvested		7			19			4			12			91			208			—			—
Redeemed		(98	)		(327	)		(106	)		(208	)		(561	)		(1,566	)		—			(7	)
Change in C Shares		(91	)		(305	)		(102	)		(196	)		(426	)		(1,255	)		—			(7	)
Change in Shares		983			2,182			1			(693	)		(662	)		(704	)		43,713			1,516

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

136

STATEMENTS OF CHANGES IN NET ASSETS (continued)
STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

							Investment Grade
	Investment Grade						Tax-Exempt												Limited-Term Federal Mortgage
	Bond Fund						Bond Fund						Limited Duration Fund						Securities Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Operations:
Net Investment Income	$	9,809		$	21,059		$	7,968		$	11,730		$	1,097		$	3,661		$	4,311		$	17,597
Net Realized Gain (Loss) from Investment Transactions, Swaps and Foreign Currency Transactions		(1,682	)		(8,199	)		(2,297	)		2,189			(17	)		(49	)		(2,243	)		(2,755	)
Net Change in Unrealized Appreciation on Investments and Swaps		2,126			12,152			2,923			1,681			(17	)		10			1,466			6,234
Change in Net Assets from Operations		10,253			25,012			8,594			15,600			1,063			3,622			3,534			21,076
Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(9,346	)		(20,144	)		(7,712	)		(11,086	)		(1,089	)		(3,639	)		(4,297	)		(18,020	)
A Shares		(368	)		(818	)		(175	)		(442	)								(79	)		(172	)
C Shares		(169	)		(410	)		(81	)		(197	)								(263	)		(605	)
Realized Gains:
I Shares		—			—			—			(1,246	)		—			(9	)		—			—
A Shares		—			—			—			(53	)								—			—
C Shares		—			—			—			(29	)								—			—
Total Dividends and Distributions		(9,883	)		(21,372	)		(7,968	)		(13,053	)		(1,089	)		(3,648	)		(4,639	)		(18,797	)
Change in Net Assets from Capital Transactions		(35,723	)		(97,708	)		83,991			99,451			6,455			(18,570	)		(303,166	)		44,039
Change in Net Assets		(35,353	)		(94,068	)		84,617			101,998			6,429			(18,596	)		(304,271	)		46,318
Net Assets:
Beginning of Period		419,746			513,814			429,450			327,452			40,291			58,887			440,819			394,501
End of Period	$	384,393		$	419,746		$	514,067		$	429,450		$	46,720		$	40,291		$	136,548		$	440,819
Accumulated Net Investment Income (Loss), End of Period	$	(138	)	$	(64	)	$	(153	)	$	(153	)	$	8		$	—		$	188		$	516

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

137

STATEMENTS OF CHANGES IN NET ASSETS (continued)
STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

							Investment Grade
	Investment Grade						Tax-Exempt												Limited-Term Federal Mortgage
	Bond Fund						Bond Fund						Limited Duration Fund						Securities Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	45,496		$	95,825		$	131,429		$	177,333		$	12,500		$	95,403		$	12,969		$	140,799
Dividends Reinvested		5,016			9,341			2,576			3,090			813			3,116			1,238			3,374
Cost of Shares Redeemed		(84,918	)		(194,380	)		(48,523	)		(73,281	)		(6,858	)		(117,089	)		(314,750	)		(93,590	)
Change in Net Assets from I Shares	$	(34,406	)	$	(89,214	)	$	85,482		$	107,142		$	6,455		$	(18,570	)	$	(300,543	)	$	50,583
A Shares:
Proceeds from Shares Issued	$	2,068		$	3,811		$	155		$	1,353								$	643		$	2,051
Dividends Reinvested		330			738			121			368									68			145
Cost of Shares Redeemed		(2,999	)		(8,403	)		(921	)		(6,313	)								(1,242	)		(3,076	)
Change in Net Assets from A Shares	$	(601	)	$	(3,854	)	$	(645	)	$	(4,592	)							$	(531	)	$	(880	)
C Shares:
Proceeds from Shares Issued	$	160		$	118		$	7		$	54								$	27		$	54
Dividends Reinvested		151			364			62			178									220			508
Cost of Shares Redeemed		(1,027	)		(5,122	)		(915	)		(3,331	)								(2,339	)		(6,226	)
Change in Net Assets from C Shares	$	(716	)	$	(4,640	)	$	(846	)	$	(3,099	)							$	(2,092	)	$	(5,664	)
Change in Net Assets from Capital Transactions	$	(35,723	)	$	(97,708	)	$	83,991		$	99,451		$	6,455		$	(18,570	)	$	(303,166	)	$	44,039
Share Transactions:
I Shares:
Issued		4,367			9,174			11,546			15,472			1,253			9,552			1,314			14,229
Reinvested		481			896			226			269			81			312			125			341
Redeemed		(8,148	)		(18,678	)		(4,269	)		(6,401	)		(687	)		(11,726	)		(31,731	)		(9,468	)
Change in I Shares		(3,300	)		(8,608	)		7,503			9,340			647			(1,862	)		(30,292	)		5,102
A Shares:
Issued		198			366			14			119									65			208
Reinvested		32			71			10			31									7			15
Redeemed		(288	)		(807	)		(81	)		(550	)								(126	)		(312	)
Change in A Shares		(58	)		(370	)		(57	)		(400	)								(54	)		(89	)
C Shares:
Issued		15			10			1			5									3			5
Reinvested		14			35			5			16									22			52
Redeemed		(97	)		(492	)		(80	)		(292	)								(236	)		(630	)
Change in C Shares		(68	)		(447	)		(74	)		(271	)								(211	)		(573	)
Change in Shares		(3,426	)		(9,425	)		7,372			8,669			647			(1,862	)		(30,557	)		4,440

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

138

STATEMENTS OF CHANGES IN NET ASSETS (continued)
STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Maryland Municipal
	Bond Fund						North Carolina Tax-Exempt Bond Fund						Seix Floating Rate High Income Fund						Seix High Yield Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Operations:
Net Investment Income	$	650		$	1,360		$	805		$	1,539		$	23,594		$	29,105		$	37,962		$	85,471
Net Realized Gain (Loss) from Investment Transactions, Swaps, Forward Foreign Currencies and Foreign Currency Transactions		(32	)		62			(454	)		40			(1,062	)		2,204			(15,883	)		(6,489	)
Net Change in Unrealized Appreciation/Depreciation on Investments, Swaps, Forward Foreign Currency Contracts, Foreign Currencies, and Translation of Other Assets and Liabilities in Foreign Currency		(317	)		307			(253	)		606			(19,560	)		2,172			(23,483	)		24,870
Change in Net Assets from Operations		301			1,729			98			2,185			2,972			33,481			(1,404	)		103,852
Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(561	)		(1,133	)		(788	)		(1,519	)		(23,610	)		(29,505	)		(37,163	)		(83,349	)
A Shares		(1	)		(10	)		(17	)		(19	)		(352	)		(309	)		(1,045	)		(2,198	)
C Shares		(88	)		(216	)		—			—			(2	)		—			(159	)		(320	)
Realized Gains:
I Shares		—			(113	)		—			—			—			(4	)		—			—
A Shares		—			—			—			—			—			—			—			—
C Shares		—			(29	)		—			—			—			—			—			—
Total Dividends and Distributions		(650	)		(1,501	)		(805	)		(1,538	)		(23,964	)		(29,818	)		(38,367	)		(85,867	)
Change in Net Assets from Capital Transactions		4,774			(6,331	)		(2,816	)		2,993			171,481			483,109			(323,508	)		(126,431	)
Change in Net Assets		4,425			(6,103	)		(3,523	)		3,640			150,489			486,772			(363,279	)		(108,446	)
Net Assets:
Beginning of Period		36,431			42,534			45,028			41,388			593,177			106,405			1,151,338			1,259,784
End of Period	$	40,856		$	36,431		$	41,505		$	45,028		$	743,666		$	593,177		$	788,059		$	1,151,338
Accumulated Net Investment Income (Loss), End of Period	$	(41	)	$	(41	)	$	(63	)	$	(63	)	$	(341	)	$	29		$	(388	)	$	17

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

139

STATEMENTS OF CHANGES IN NET ASSETS (continued)
STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Maryland Municipal
	Bond Fund						North Carolina Tax-Exempt Bond Fund						Seix Floating Rate High Income Fund						Seix High Yield Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	8,096		$	8,851		$	5,280		$	8,903		$	280,701		$	667,504		$	125,032		$	259,961
Dividends Reinvested		17			140			7			9			18,167			23,103			32,196			72,165
Cost of Shares Redeemed		(2,653	)		(12,346	)		(7,755	)		(6,700	)		(127,568	)		(217,739	)		(477,875	)		(450,506	)
Change in Net Assets from I Shares	$	5,460		$	(3,355	)	$	(2,468	)	$	2,212		$	171,300		$	472,868		$	(320,647	)	$	(118,380	)
A Shares:
Proceeds from Shares Issued	$	294		$	684		$	367		$	1,025		$	5,783		$	10,570		$	763		$	3,056
Dividends Reinvested		1			9			4			8			167			167			992			2,028
Cost of Shares Redeemed		(293	)		(1,156	)		(717	)		(252	)		(5,951	)		(496	)		(4,521	)		(12,227	)
Change in Net Assets from A Shares	$	2		$	(463	)	$	(346	)	$	781		$	(1	)	$	10,241		$	(2,766	)	$	(7,143	)
C Shares:
Proceeds from Shares Issued	$	1		$	24		$	—		$	—		$	181		$	—		$	94		$	437
Dividends Reinvested		70			195			—			—			1			—			62			125
Cost of Shares Redeemed		(759	)		(2,732	)		(2	)		—			—			—			(251	)		(1,470	)
Change in Net Assets from C Shares	$	(688	)	$	(2,513	)	$	(2	)	$	—		$	182		$	—		$	(95	)	$	(908	)
Change in Net Assets from Capital Transactions	$	4,774		$	(6,331	)	$	(2,816	)	$	2,993		$	171,481		$	483,109		$	(323,508	)	$	(126,431	)
Share Transactions:
I Shares:
Issued		802			868			532			893			28,728			67,266			11,628			24,404
Reinvested		2			14			1			1			1,861			2,329			3,041			6,769
Redeemed		(264	)		(1,214	)		(783	)		(671	)		(12,984	)		(21,886	)		(45,229	)		(42,077	)
Change in I Shares		540			(332	)		(250	)		223			17,605			47,709			(30,560	)		(10,904	)
A Shares:
Issued		29			67			37			103			589			1,066			73			294
Reinvested		—			1			—			—			17			17			96			195
Redeemed		(29	)		(113	)		(72	)		(25	)		(619	)		(50	)		(442	)		(1,176	)
Change in A Shares		—			(45	)		(35	)		78			(13	)		1,033			(273	)		(687	)
C Shares:
Issued		—			4			—			—			19			—			9			42
Reinvested		7			19			—			—			—			—			6			12
Redeemed		(75	)		(268	)		—			—			—			—			(24	)		(139	)
Change in C Shares		(68	)		(245	)		—			—			19			—			(9	)		(85	)
Change in Shares		472			(622	)		(285	)		301			17,611			48,742			(30,842	)		(11,676	)

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

140

STATEMENTS OF CHANGES IN NET ASSETS (continued)
STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Short-Term Bond Fund						Short-Term U.S. Treasury Securities Fund						Strategic Income Fund						Total Return Bond Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Operations:
Net Investment Income	$	8,370		$	15,575		$	1,451		$	2,719		$	3,336		$	8,876		$	16,228		$	27,234
Net Realized Gain (Loss) from Investment Transactions, Swaps, Forward Foreign Currencies, Foreign Currency Transactions and Futures		(44	)		(1,256	)		(63	)		(733	)		(734	)		1,505			(2,958	)		(2,496	)
Net Change in Unrealized Appreciation/Depreciation on Investments, Swaps, Futures, Forward Foreign Currency Contracts, Foreign Currencies and Translation of Other Assets and Liabilities in Foreign Currency		1,444			4,174			700			1,163			(812	)		3,394			2,739			8,248
Change in Net Assets from Operations		9,770			18,493			2,088			3,149			1,790			13,775			16,009			32,986
Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(8,181	)		(15,322	)		(1,203	)		(2,140	)		(2,533	)		(5,188	)		(16,169	)		(27,347	)
A Shares		(81	)		(174	)		(81	)		(157	)		(38	)		(58	)		(6	)		(22	)
C Shares		(73	)		(205	)		(167	)		(421	)		(825	)		(1,278	)		(1	)		(1	)
From Tax Return of Capital:
I Shares		—			—			—			—			—			(2,196	)		—			—
A Shares		—			—			—			—			—			(24	)		—			—
C Shares		—			—			—			—			—			(541	)		—			—
Total Dividends and Distributions		(8,335	)		(15,701	)		(1,451	)		(2,718	)		(3,396	)		(9,285	)		(16,176	)		(27,370	)
Change in Net Assets from Capital Transactions		(63,645	)		136,305			(501	)		(8,905	)		(16,882	)		(175,090	)		22,870			98,162
Change in Net Assets		(62,210	)		139,097			136			(8,474	)		(18,488	)		(170,600	)		22,703			103,778
Net Assets:
Beginning of Period		435,000			295,903			70,811			79,285			120,820			291,420			602,029			498,251
End of Period	$	372,790		$	435,000		$	70,947		$	70,811		$	102,332		$	120,820		$	624,732		$	602,029
Accumulated Net Investment Income (Loss), End of Period	$	87		$	52		$	(1	)	$	(1	)	$	(1,025	)	$	(965	)	$	(596	)	$	(648	)

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

141

STATEMENTS OF CHANGES IN NET ASSETS (continued)
STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Short-Term Bond Fund						Short-Term U.S. Treasury Securities Fund						Strategic Income Fund						Total Return Bond Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	71,416		$	229,055		$	10,456		$	9,435		$	9,993		$	24,224		$	119,956		$	204,181
Proceeds from Shares Issued in Acquisition		—			—			—			—			—			—			—			65,561
Dividends Reinvested		1,932			3,405			162			294			282			782			7,233			13,172
Cost of Shares Redeemed		(136,245	)		(89,715	)		(8,935	)		(9,587	)		(23,431	)		(184,717	)		(104,265	)		(184,578	)
Change in Net Assets from I Shares	$	(62,897	)	$	142,745		$	1,683		$	142		$	(13,156	)	$	(159,711	)	$	22,924		$	98,336
A Shares:
Proceeds from Shares Issued	$	1,049		$	2,096		$	103		$	281		$	706		$	783		$	25		$	196
Dividends Reinvested		61			137			64			124			27			61			5			12
Cost of Shares Redeemed		(1,184	)		(3,582	)		(321	)		(792	)		(583	)		(1,477	)		(90	)		(383	)
Change in Net Assets from A Shares	$	(74	)	$	(1,349	)	$	(154	)	$	(387	)	$	150		$	(633	)	$	(60	)	$	(175	)
C Shares:
Proceeds from Shares Issued	$	70		$	13		$	100		$	192		$	124		$	486		$	5		$	—
Dividends Reinvested		66			173			146			374			583			1,263			1			1
Cost of Shares Redeemed		(810	)		(5,277	)		(2,276	)		(9,226	)		(4,583	)		(16,495	)		—			—
Change in Net Assets from C Shares	$	(674	)	$	(5,091	)	$	(2,030	)	$	(8,660	)	$	(3,876	)	$	(14,746	)	$	6		$	1
Change in Net Assets from Capital Transactions	$	(63,645	)	$	136,305		$	(501	)	$	(8,905	)	$	(16,882	)	$	(175,090	)	$	22,870		$	98,162
Share Transactions:
I Shares:
Issued		7,314			23,514			1,060			961			1,022			2,489			12,221			20,630
Issued in Acquisition		—			—			—			—			—			—			—			6,597
Reinvested		198			349			16			30			29			80			733			1,331
Redeemed		(13,945	)		(9,218	)		(909	)		(976	)		(2,404	)		(18,990	)		(10,556	)		(18,653	)
Change in I Shares		(6,433	)		14,645			167			15			(1,353	)		(16,421	)		2,398			9,905
A Shares:
Issued		106			215			10			29			73			81			3			19
Reinvested		6			14			7			13			2			6			—			1
Redeemed		(120	)		(367	)		(33	)		(81	)		(60	)		(151	)		(9	)		(37	)
Change in A Shares		(8	)		(138	)		(16	)		(39	)		15			(64	)		(6	)		(17	)
C Shares:
Issued		7			1			10			20			13			49			—			—
Reinvested		7			19			15			38			60			129			—			—
Redeemed		(83	)		(543	)		(232	)		(942	)		(470	)		(1,694	)		—			—
Change in C Shares		(69	)		(523	)		(207	)		(884	)		(397	)		(1,516	)		—			—
Change in Shares		(6,510	)		13,984			(56	)		(908	)		(1,735	)		(18,001	)		2,392			9,888

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

142

STATEMENTS OF CHANGES IN NET ASSETS (continued)
STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Ultra-Short Bond Fund						U.S. Government Securities Fund						U.S. Government Securities Ultra-Short Bond Fund						Virginia Intermediate Municipal Bond Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Operations:
Net Investment Income	$	1,965		$	7,125		$	14,227		$	21,691		$	730		$	1,465		$	3,987		$	7,433
Net Realized Gain (Loss) on Investment Transactions		(2	)		(520	)		(3,604	)		(2,786	)		10			(108	)		(455	)		58
Net Change in Unrealized Appreciation/Depreciation on Investments		83			1,489			3,113			8,034			138			469			(361	)		2,167
Change in Net Assets from Operations		2,046			8,094			13,736			26,939			878			1,826			3,171			9,658
Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(1,957	)		(7,415	)		(13,964	)		(21,594	)		(737	)		(1,506	)		(3,849	)		(7,178	)
A Shares								(73	)		(119	)								(96	)		(189	)
C Shares								(94	)		(235	)								(42	)		(63	)
Total Dividends and Distributions		(1,957	)		(7,415	)		(14,131	)		(21,948	)		(737	)		(1,506	)		(3,987	)		(7,430	)
Change in Net Assets from Capital Transactions		(6,142	)		(160,290	)		59,544			210,619			1,782			(8,525	)		(8,163	)		46,132
Change in Net Assets		(6,053	)		(159,611	)		59,149			215,610			1,923			(8,205	)		(8,979	)		48,360
Net Assets:
Beginning of Period		85,646			245,257			543,026			327,416			34,411			42,616			223,592			175,232
End of Period	$	79,593		$	85,646		$	602,175		$	543,026		$	36,334		$	34,411		$	214,613		$	223,592
Accumulated Net Investment Income (Loss), End of Period	$	81		$	73		$	398		$	302		$	53		$	60		$	(11	)	$	(11	)

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

143

STATEMENTS OF CHANGES IN NET ASSETS (continued)
STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Ultra-Short Bond Fund						U.S. Government Securities Fund						U.S. Government Securities Ultra-Short Bond Fund						Virginia Intermediate Municipal Bond Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06			04/01/07-			04/01/06
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	19,824		$	56,762		$	113,522		$	318,558		$	10,974		$	13,831		$	14,883		$	30,094
Proceeds from Shares Issued in Acquisition		—			—			—			—			—			—			—			50,730
Dividends Reinvested		645			1,246			1,895			3,313			249			420			82			224
Cost of Shares Redeemed		(26,611	)		(218,298	)		(56,215	)		(108,207	)		(9,441	)		(22,776	)		(23,430	)		(38,022	)
Change in Net Assets from I Shares	$	(6,142	)	$	(160,290	)	$	59,202		$	213,664		$	1,782		$	(8,525	)	$	(8,465	)	$	43,026
A Shares:
Proceeds from Shares Issued							$	2,408		$	1,947								$	1,120		$	481
Proceeds from Shares Issued in Acquisition																				—			321
Dividends Reinvested								57			88									48			94
Cost of Shares Redeemed								(1,490	)		(2,241	)								(694	)		(1,037	)
Change in Net Assets from A Shares							$	975		$	(206	)							$	474		$	(141	)
C Shares:
Proceeds from Shares Issued							$	2		$	20								$	48		$	11
Proceeds from Shares Issued in Acquisition								—			—									—			3,903
Dividends Reinvested								83			207									31			48
Cost of Shares Redeemed								(718	)		(3,066	)								(251	)		(715	)
Change in Net Assets from C Shares							$	(633	)	$	(2,839	)							$	(172	)	$	3,247
Change in Net Assets from Capital Transactions	$	(6,142	)	$	(160,290	)	$	59,544		$	210,619		$	1,782		$	(8,525	)	$	(8,163	)	$	46,132
Share Transactions:
I Shares:
Issued		1,985			5,697			11,124			31,229			1,102			1,397			1,488			2,987
Issued in Acquisition		—			—			—			—			—			—			—			5,066
Reinvested		64			125			185			324			26			42			8			22
Redeemed		(2,664	)		(21,881	)		(5,506	)		(10,600	)		(948	)		(2,306	)		(2,340	)		(3,780	)
Change in I Shares		(615	)		(16,059	)		5,803			20,953			180			(867	)		(844	)		4,295
A Shares:
Issued								236			190									112			49
Issued in Acquisition								—			—									—			32
Reinvested								5			9									5			9
Redeemed								(146	)		(220	)								(69	)		(103	)
Change in A Shares								95			(21	)								48			(13	)
C Shares:
Issued								—			3									5			—
Issued in Acquisition								—			—									—			390
Reinvested								8			20									3			5
Redeemed								(70	)		(301	)								(25	)		(71	)
Change in C Shares								(62	)		(278	)								(17	)		324
Change in Shares		(615	)		(16,059	)		5,836			20,654			180			(867	)		(813	)		4,606

Amounts designated as “ — ” are $0 or have been rounded to $0.

See Notes to Financial Statements.

144

STATEMENTS OF CHANGES IN NET ASSETS (continued)
STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Prime Quality Money Market Fund						Tax-Exempt Money Market Fund						U.S. Government Securities Money Market Fund
	04/01/07-			04/01/06			04/01/07-			04/01/06			04/01/07-			04/01/06
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)
Operations:
Net Investment Income	$	234,249		$	371,296		$	30,850		$	57,426		$	22,607		$	34,251
Net Realized Gain (Loss) on Investment Transactions		(25	)		13			162			212			3			(2	)
Change in Net Assets from Operations		234,224			371,309			31,012			57,638			22,610			34,249
Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(85,907	)		(147,344	)		(20,990	)		(38,998	)		(16,502	)		(23,547	)
A Shares		(148,246	)		(223,766	)		(9,860	)		(18,401	)		(6,105	)		(10,691	)
C Shares		(93	)		(180	)		—			—			—			—
Realized Gains:
I Shares		—			—			—			(83	)		—			—
A Shares		—			—			—			(39	)		—			—
Total Dividends and Distributions		(234,246	)		(371,290	)		(30,850	)		(57,521	)		(22,607	)		(34,238	)
Change in Net Assets from Capital Transactions		808,712			2,177,286			210,028			(91,894	)		16,427			281,542
Change in Net Assets		808,690			2,177,305			210,190			(91,777	)		16,430			281,553
Net Assets:
Beginning of Period		9,169,738			6,992,433			1,752,104			1,843,881			949,094			667,541
End of Period	$	9,978,428		$	9,169,738		$	1,962,294		$	1,752,104		$	965,524		$	949,094
Accumulated Net Investment Income (Loss), End of Period	$	36		$	33		$	26		$	26		$	13		$	13

Amounts designated as “ — ” are $0 or have been rounded to $0.

See Notes to Financial Statements.

145

STATEMENTS OF CHANGES IN NET ASSETS (continued)
STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	Prime Quality Money						Tax-Exempt Money
	Market Fund						Market Fund						U.S. Government Securities Money Market Fund
	04/01/07-			04/01/06			04/01/07-			04/01/06			04/01/07-			04/01/06
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)
Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	3,040,629		$	4,179,973		$	850,609		$	1,706,593		$	456,160		$	1,415,785
Dividends Reinvested		9,931			16,752			8			105			200			656
Cost of Shares Redeemed		(2,905,655	)		(3,924,831	)		(745,683	)		(1,721,806	)		(492,135	)		(1,139,198	)
Change in Net Assets from I Shares	$	144,905		$	271,894		$	104,934		$	(15,108	)	$	(35,775	)	$	277,243
A Shares:
Proceeds from Shares Issued	$	1,903,059		$	3,355,734		$	442,776		$	665,313		$	210,784		$	380,290
Dividends Reinvested		148,172			223,647			9,860			18,439			6,105			10,691
Cost of Shares Redeemed		(1,387,912	)		(1,673,732	)		(347,542	)		(760,538	)		(164,687	)		(386,682	)
Change in Net Assets from A Shares	$	663,319		$	1,905,649		$	105,094		$	(76,786	)	$	52,202		$	4,299
C Shares:
Proceeds from Shares Issued	$	684		$	1,252
Dividends Reinvested		81			154
Cost of Shares Redeemed		(277	)		(1,663	)
Change in Net Assets from C Shares	$	488		$	(257	)
Change in Net Assets from Capital Transactions	$	808,712		$	2,177,286		$	210,028		$	(91,894	)	$	16,427		$	281,542
Share Transactions:
I Shares:
Issued		3,040,628			4,179,973			850,608			1,706,593			456,161			1,415,785
Reinvested		9,931			16,752			8			105			200			656
Redeemed		(2,905,655	)		(3,924,831	)		(745,683	)		(1,721,806	)		(492,135	)		(1,139,198	)
Change in I Shares		144,904			271,894			104,933			(15,108	)		(35,774	)		277,243
A Shares:
Issued		1,903,062			3,355,734			442,776			665,313			210,784			380,290
Reinvested		148,172			223,647			9,860			18,439			6,105			10,691
Redeemed		(1,387,912	)		(1,673,732	)		(347,542	)		(760,538	)		(164,687	)		(386,682	)
Change in A Shares		663,322			1,905,649			105,094			(76,786	)		52,202			4,299
C Shares:
Issued		684			1,252
Reinvested		81			154
Redeemed		(277	)		(1,663	)
Change in C Shares		488			(257	)
Change in Shares		808,714			2,177,286			210,027			(91,894	)		16,428			281,542

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

146

STATEMENTS OF CHANGES IN NET ASSETS (continued)
STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	U.S. Treasury Money Market Fund						Virginia Tax-Free Money Market Fund
	04/01/07-			04/01/06			04/01/07-			04/01/06
	09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)
Operations:
Net Investment Income	$	23,606		$	62,652		$	10,374		$	16,709
Net Realized Gain on Investment Transactions		31			—			92			—
Change in Net Assets from Operations		23,637			62,652			10,466			16,709
Dividends and Distributions to Shareholders:
Net Investment Income:
I Shares		(22,853	)		(61,585	)		(4,391	)		(6,879	)
A Shares		(753	)		(1,049	)		(5,983	)		(9,822	)
Realized Gains:
I Shares		—			—			—			(2	)
A Shares		—			—			—			(2	)
Total Dividends and Distributions		(23,606	)		(62,634	)		(10,374	)		(16,705	)
Change in Net Assets from Capital Transactions		160,940			(605,937	)		52,471			78,657
Change in Net Assets		160,971			(605,919	)		52,563			78,661
Net Assets:
Beginning of Period		1,056,619			1,662,538			608,732			530,071
End of Period	$	1,217,590		$	1,056,619		$	661,295		$	608,732
Accumulated Net Investment Income, End of Period	$	80		$	80		$	13		$	13

Amounts designated as “ — ” are $0 or have been rounded to $0.

See Notes to Financial Statements.

147

STATEMENTS OF CHANGES IN NET ASSETS (continued)
STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands)

	U.S. Treasury Money
	Market Fund						Virginia Tax-Free Money Market Fund
	4/01/07-			04/01/06			04/01/07-			04/01/06
	09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)
Capital Transactions:
I Shares:
Proceeds from Shares Issued	$	1,368,860		$	3,869,543		$	284,350		$	350,300
Dividends Reinvested		199			387			622			1,075
Cost of Shares Redeemed		(1,223,768	)		(4,495,054	)		(255,134	)		(347,504	)
Change in Net Assets from I Shares	$	145,291		$	(625,124	)	$	29,838		$	3,871
A Shares:
Proceeds from Shares Issued	$	87,039		$	64,373		$	250,939		$	426,820
Dividends Reinvested		752			1,049			5,983			9,824
Cost of Shares Redeemed		(72,142	)		(46,235	)		(234,289	)		(361,858	)
Change in Net Assets from A Shares	$	15,649		$	19,187		$	22,633		$	74,786
Change in Net Assets from Capital Transactions	$	160,940		$	(605,937	)	$	52,471		$	78,657
Share Transactions:
I Shares:
Issued		1,368,860			3,869,543			284,350			350,299
Reinvested		199			387			622			1,075
Redeemed		(1,223,768	)		(4,495,054	)		(255,134	)		(347,504	)
Change in I Shares		145,291			(625,124	)		29,838			3,870
A Shares:
Issued		87,039			64,373			250,939			426,820
Reinvested		752			1,049			5,983			9,824
Redeemed		(72,142	)		(46,235	)		(234,289	)		(361,858	)
Change in A Shares		15,649			19,187			22,633			74,786
Change in Shares		160,940			(605,937	)		52,471			78,656

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

148

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																																		Ratio of
																																		Expenses to
						Net																						Ratio of			Ratio of			Average
						Realized																						Net			Net			Net Assets
						and									Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Georgia Tax-Exempt Bond Fund
I Shares
Period Ended September 30, 2007*	$	10.25	$	0.20		$	(0.14	)	$	0.06		$	(0.18	)	$	—		$	(0.18	)	$	10.13		0.59	%	$	150,893		0.60	%		3.85	%		0.60	%		25	%
Year Ended March 31, 2007		10.16		0.37			0.13			0.50			(0.40	)		(0.01	)		(0.41	)		10.25		4.95			142,485		0.60			3.71			0.60			61
Year Ended March 31, 2006		10.21		0.36	(a)		(0.04	)		0.32			(0.36	)		(0.01	)		(0.37	)		10.16		3.19			115,929		0.64			3.53			0.66			43
Period Ended March 31, 2005†		10.24		0.28			0.20			0.48			(0.27	)		(0.24	)		(0.51	)		10.21		4.73			96,503		0.67			3.31			0.71			52
Year Ended May 31, 2004		10.89		0.34	(a)		(0.58	)		(0.24	)		(0.34	)		(0.07	)		(0.41	)		10.24		(2.18	)		98,113		0.71			3.26			0.76			100
Year Ended May 31, 2003		10.29		0.38			0.60			0.98			(0.38	)		—			(0.38	)		10.89		9.64			98,866		0.71			3.55			0.76			17
Year Ended May 31, 2002		10.10		0.39			0.19			0.58			(0.39	)		—			(0.39	)		10.29		5.81			91,356		0.71			3.79			0.76			23
A Shares
Period Ended September 30, 2007*		10.26		0.19			(0.13	)		0.06			(0.17	)		—			(0.17	)		10.15		0.61			4,478		0.75			3.70			0.75			25
Year Ended March 31, 2007		10.18		0.35			0.12			0.47			(0.38	)		(0.01	)		(0.39	)		10.26		4.68			3,592		0.75			3.56			0.75			61
Year Ended March 31, 2006		10.22		0.35	(a)		(0.03	)		0.32			(0.35	)		(0.01	)		(0.36	)		10.18		3.12			3,711		0.79			3.38			0.81			43
Period Ended March 31, 2005†		10.25		0.27			0.20			0.47			(0.26	)		(0.24	)		(0.50	)		10.22		4.57			2,660		0.86			3.12			0.99			52
Year Ended May 31, 2004		10.90		0.32	(a)		(0.58	)		(0.26	)		(0.32	)		(0.07	)		(0.39	)		10.25		(2.39	)		2,735		0.92			3.06			1.36			100
Year Ended May 31, 2003		10.31		0.35			0.59			0.94			(0.35	)		—			(0.35	)		10.90		9.29			2,630		0.92			3.34			1.41			17
Year Ended May 31, 2002		10.12		0.37			0.19			0.56			(0.37	)		—			(0.37	)		10.31		5.58			2,844		0.92			3.58			1.36			23
C Shares
Period Ended September 30, 2007*		10.25		0.15			(0.13	)		0.02			(0.13	)		—			(0.13	)		10.14		0.19			5,516		1.60			2.85			1.60			25
Year Ended March 31, 2007		10.17		0.26			0.12			0.38			(0.29	)		(0.01	)		(0.30	)		10.25		3.81			6,508		1.60			2.74			1.60			61
Year Ended March 31, 2006		10.22		0.27	(a)		(0.04	)		0.23			(0.27	)		(0.01	)		(0.28	)		10.17		2.25			9,567		1.57			2.61			1.67			43
Period Ended March 31, 2005†		10.25		0.22			0.20			0.42			(0.21	)		(0.24	)		(0.45	)		10.22		4.09			10,664		1.42			2.56			1.73			52
Year Ended May 31, 2004		10.90		0.27	(a)		(0.58	)		(0.31	)		(0.27	)		(0.07	)		(0.34	)		10.25		(2.87	)		13,351		1.42			2.55			1.84			100
Year Ended May 31, 2003		10.30		0.30			0.60			0.90			(0.30	)		—			(0.30	)		10.90		8.86			16,591		1.42			2.84			1.84			17
Year Ended May 31, 2002		10.11		0.32			0.19			0.51			(0.32	)		—			(0.32	)		10.30		5.07			14,269		1.42			3.08			1.84			23
High Grade Municipal Bond Fund
I Shares
Period Ended September 30, 2007*		10.92		0.19			(0.07	)		0.12			(0.19	)		—			(0.19	)		10.85		1.08			164,125		0.62			3.44			0.63			103
Year Ended March 31, 2007		10.82		0.37			0.12			0.49			(0.37	)		(0.02	)		(0.39	)		10.92		4.54			163,707		0.60			3.37			0.61			128
Year Ended March 31, 2006		10.90		0.34			(0.03	)		0.31			(0.34	)		(0.05	)		(0.39	)		10.82		2.90			165,341		0.63			3.13			0.65			90
Period Ended March 31, 2005†		10.93		0.26			0.10			0.36			(0.26	)		(0.13	)		(0.39	)		10.90		3.31			157,500		0.67			2.84			0.71			66
Year Ended May 31, 2004		11.69		0.32	(a)		(0.56	)		(0.24	)		(0.32	)		(0.20	)		(0.52	)		10.93		(2.07	)		165,065		0.71			2.82			0.75			56
Year Ended May 31, 2003		10.95		0.40			0.79			1.19			(0.40	)		(0.05	)		(0.45	)		11.69		11.13			147,423		0.71			3.54			0.75			62
Year Ended May 31, 2002		10.79		0.40			0.22			0.62			(0.40	)		(0.06	)		(0.46	)		10.95		5.88			120,885		0.71			3.65			0.76			91
A Shares
Period Ended September 30, 2007*		10.93		0.18			(0.07	)		0.11			(0.18	)		—			(0.18	)		10.86		1.01			2,474		0.78			3.30			0.78			103
Year Ended March 31, 2007		10.83		0.35			0.12			0.47			(0.35	)		(0.02	)		(0.37	)		10.93		4.38			2,844		0.75			3.23			0.76			128
Year Ended March 31, 2006		10.91		0.33			(0.03	)		0.30			(0.33	)		(0.05	)		(0.38	)		10.83		2.73			5,077		0.80			2.98			0.81			90
Period Ended March 31, 2005†		10.93		0.25			0.11			0.36			(0.25	)		(0.13	)		(0.38	)		10.91		3.24			6,129		0.86			2.65			0.94			66
Year Ended May 31, 2004		11.69		0.30	(a)		(0.56	)		(0.26	)		(0.30	)		(0.20	)		(0.50	)		10.93		(2.28	)		5,906		0.92			2.62			1.13			56
Year Ended May 31, 2003		10.95		0.38			0.79			1.17			(0.38	)		(0.05	)		(0.43	)		11.69		10.89			8,191		0.92			3.29			1.13			62
Year Ended May 31, 2002		10.79		0.38			0.22			0.60			(0.38	)		(0.06	)		(0.44	)		10.95		5.66			2,935		0.92			3.44			1.37			91

See Notes to Financial Highlights and Notes to Financial Statements.

149

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																																		Ratio of
																																		Expenses to
						Net																						Ratio of			Ratio of			Average
						Realized																						Net			Net			Net Assets
						and									Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
High Grade Municipal Bond Fund
C Shares
Period Ended September 30, 2007*	$	10.95	$	0.13		$	(0.07	)	$	0.06		$	(0.13	)	$	—		$	(0.13	)	$	10.88		0.58	%	$	5,574		1.63	%		2.44	%		1.63	%		103	%
Year Ended March 31, 2007		10.85		0.26			0.12			0.38			(0.26	)		(0.02	)		(0.28	)		10.95		3.49			6,724		1.60			2.37			1.61			128
Year Ended March 31, 2006		10.93		0.24			(0.03	)		0.21			(0.24	)		(0.05	)		(0.29	)		10.85		1.95			8,783		1.56			2.22			1.66			90
Period Ended March 31, 2005†		10.96		0.19			0.10			0.29			(0.19	)		(0.13	)		(0.32	)		10.93		2.66			12,347		1.42			2.09			1.73			66
Year Ended May 31, 2004		11.71		0.24	(a)		(0.55	)		(0.31	)		(0.24	)		(0.20	)		(0.44	)		10.96		(2.68	)		19,952		1.42			2.14			1.81			56
Year Ended May 31, 2003		10.97		0.32			0.79			1.11			(0.32	)		(0.05	)		(0.37	)		11.71		10.32			40,241		1.42			2.81			1.80			62
Year Ended May 31, 2002		10.81		0.32			0.22			0.54			(0.32	)		(0.06	)		(0.38	)		10.97		5.15			21,897		1.42			2.93			1.84			91
High Income Fund(4)
I Shares
Period Ended September 30, 2007*		7.36		0.30			(0.29	)		0.01			(0.30	)		—			(0.30	)		7.07		0.13			38,964		0.70			8.26			0.71			263
Year Ended March 31, 2007		6.97		0.58			0.39			0.97			(0.58	)		—			(0.58	)		7.36		14.58			42,809		0.70			8.11			0.71			379
Year Ended March 31, 2006		7.38		0.55			(0.03	)		0.52			(0.55	)		(0.38	)		(0.93	)		6.97		7.53			36,764		0.72			7.64			0.82			208
Period Ended March 31, 2005†		7.38		0.46			0.21			0.67			(0.46	)		(0.21	)		(0.67	)		7.38		9.31			51,318		0.73			7.47			0.87			191
Year Ended May 31, 2004		7.16		0.62	(a)		0.22			0.84			(0.62	)		—			(0.62	)		7.38		11.94			71,314		0.76			8.27			0.91			49
Year Ended May 31, 2003		7.25		0.61			(0.09	)		0.52			(0.61	)		—			(0.61	)		7.16		8.19			100,852		0.78			8.95			0.93			20
Period Ended May 31, 2002		7.37		0.39			(0.12	)		0.27			(0.39	)		—			(0.39	)		7.25		3.70			28,767		0.82			8.27			0.97			59
A Shares
Period Ended September 30, 2007*		7.37		0.29			(0.30	)		(0.01	)		(0.29	)		—			(0.29	)		7.07		(0.16	)		958		0.99			7.88			1.00			263
Year Ended March 31, 2007		6.98		0.56			0.39			0.95			(0.56	)		—			(0.56	)		7.37		14.22			498		1.00			7.86			1.01			379
Year Ended March 31, 2006		7.39		0.53			(0.03	)		0.50			(0.53	)		(0.38	)		(0.91	)		6.98		7.20			403		1.03			7.36			1.13			208
Period Ended March 31, 2005†		7.38		0.44			0.22			0.66			(0.44	)		(0.21	)		(0.65	)		7.39		9.17			739		1.03			7.34			1.39			191
Period Ended May 31, 2004		7.39		0.35	(a)		(0.01	)		0.34			(0.35	)		—			(0.35	)		7.38		4.61			1,508		1.10			7.80			1.88			49
C Shares
Period Ended September 30, 2007*		7.36		0.26			(0.29	)		(0.03	)		(0.26	)		—			(0.26	)		7.07		(0.37	)		24,698		1.70			7.27			1.71			263
Year Ended March 31, 2007		6.97		0.51			0.39			0.90			(0.51	)		—			(0.51	)		7.36		13.45			28,862		1.70			7.11			1.71			379
Year Ended March 31, 2006		7.38		0.49			(0.03	)		0.46			(0.49	)		(0.38	)		(0.87	)		6.97		6.57			36,062		1.62			6.78			1.83			208
Period Ended March 31, 2005†		7.38		0.42			0.21			0.63			(0.42	)		(0.21	)		(0.63	)		7.38		8.69			52,847		1.40			6.78			1.88			191
Year Ended May 31, 2004		7.16		0.57	(a)		0.22			0.79			(0.57	)		—			(0.57	)		7.38		11.23			75,693		1.40			7.62			1.98			49
Year Ended May 31, 2003		7.25		0.57			(0.09	)		0.48			(0.57	)		—			(0.57	)		7.16		7.52			64,418		1.40			8.43			2.00			20
Year Ended May 31, 2002		7.69		0.55			(0.44	)		0.11			(0.55	)		—			(0.55	)		7.25		1.46			46,864		1.40			7.35			2.02			59
Intermediate Bond Fund(4)
I Shares
Period Ended September 30, 2007*		9.96		0.26			0.04			0.30			(0.25	)		—			(0.25	)		10.01		3.04			531,205		0.30			4.98			0.31			215
Year Ended March 31, 2007		9.85		0.46	(a)		0.11			0.57			(0.46	)		—			(0.46	)		9.96		5.97			94,136		0.31			4.67			0.31			225
Year Ended March 31, 2006		10.08		0.38			(0.21	)		0.17			(0.39	)		(0.01	)		(0.40	)		9.85		1.76			78,187		0.31			3.88			0.31			154
Period Ended March 31, 2005		10.37		0.14			(0.21	)		(0.07	)		(0.14	)		(0.08	)		(0.22	)		10.08		(0.75	)		47,981		0.29			3.25			0.29			94
Year Ended October 31, 2004††		10.23		0.34			0.14			0.48			(0.34	)		—			(0.34	)		10.37		4.73			35,848		0.45			3.25			0.59			130
Year Ended October 31, 2003		10.12		0.37			0.15			0.52			(0.41	)		—			(0.41	)		10.23		5.16			28,689		0.45			3.42			0.56			277
Year Ended October 31, 2002		10.63		0.47			(0.23	)		0.24			(0.50	)		(0.25	)		(0.75	)		10.12		2.47			40,284		0.45			4.63			0.73			237

See Notes to Financial Highlights and Notes to Financial Statements.

150

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																																		Ratio of
																																		Expenses to
						Net																						Ratio of			Ratio of			Average
						Realized																						Net			Net			Net Assets
						and									Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Intermediate Bond Fund(4)
A Shares
Period Ended September 30, 2007*	$	9.95	$	0.24		$	0.04		$	0.28		$	(0.23	)	$	—		$	(0.23	)	$	10.00		2.89	%	$	861		0.54	%		4.73	%		0.55	%		215	%
Year Ended March 31, 2007		9.85		0.44	(a)		0.10			0.54			(0.44	)		—			(0.44	)		9.95		5.62			105		0.58			4.72			0.58			225
Year Ended March 31, 2006		10.08		0.39			(0.25	)		0.14			(0.36	)		(0.01	)		(0.37	)		9.85		1.39			4		0.56			3.83			0.57			154
Period Ended March 31, 2005		10.36		0.13			(0.21	)		(0.08	)		(0.12	)		(0.08	)		(0.20	)		10.08		(0.82	)		1		0.63			2.84			0.63			94
Period Ended October 31, 2004††		10.32		0.02			0.04			0.06			(0.02	)		—			(0.02	)		10.36		0.53			1		0.71			2.58			0.71			130
C Shares
Period Ended September 30, 2007*		9.95		0.19			0.05			0.24			(0.19	)		—			(0.19	)		10.00		2.47			1		1.43			3.86			1.43			215
Year Ended March 31, 2007		9.85		0.36	(a)		0.12			0.48			(0.38	)		—			(0.38	)		9.95		4.92			1		1.31			3.61			1.31			225
Year Ended March 31, 2006		10.08		0.28			(0.21	)		0.07			(0.29	)		(0.01	)		(0.30	)		9.85		0.74			68		1.24			2.86			1.25			154
Period Ended March 31, 2005		10.36		0.11			(0.21	)		(0.10	)		(0.10	)		(0.08	)		(0.18	)		10.08		(0.96	)		1		0.91			2.47			1.36			94
Period Ended October 31, 2004††		10.32		0.01			0.04			0.05			(0.01	)		—			(0.01	)		10.36		0.51			1		1.00			2.22			1.41			130
Investment Grade Bond Fund
I Shares
Period Ended September 30, 2007*		10.49		0.26			0.02			0.28			(0.26	)		—			(0.26	)		10.51		2.71			360,137		0.56			4.94			0.56			147
Year Ended March 31, 2007		10.40		0.49			0.10			0.59			(0.50	)		—			(0.50	)		10.49		5.79			394,196		0.55			4.70			0.55			240
Year Ended March 31, 2006		10.51		0.42			(0.11	)		0.31			(0.42	)		—			(0.42	)		10.40		2.94			480,024		0.65			3.91			0.65			171
Period Ended March 31, 2005†		10.31		0.29			0.19			0.48			(0.28	)		—			(0.28	)		10.51		4.71			602,995		0.78			3.31			0.80			268
Year Ended May 31, 2004		10.94		0.35	(a)		(0.60	)		(0.25	)		(0.38	)		—			(0.38	)		10.31		(2.31	)		578,345		0.82			3.29			0.84			119
Year Ended May 31, 2003		10.24		0.40			0.76			1.16			(0.46	)		—			(0.46	)		10.94		11.61			821,342		0.81			3.92			0.83			137
Year Ended May 31, 2002		10.23		0.51			0.01			0.52			(0.51	)		—			(0.51	)		10.24		5.18			886,471		0.81			4.81			0.83			123
A Shares
Period Ended September 30, 2007*		10.49		0.24			0.02			0.26			(0.24	)		—			(0.24	)		10.51		2.56			15,939		0.86			4.65			0.86			147
Year Ended March 31, 2007		10.40		0.46			0.10			0.56			(0.47	)		—			(0.47	)		10.49		5.48			16,526		0.85			4.40			0.85			240
Year Ended March 31, 2006		10.50		0.38			(0.10	)		0.28			(0.38	)		—			(0.38	)		10.40		2.69			20,210		1.00			3.57			1.00			171
Period Ended March 31, 2005†		10.31		0.26			0.18			0.44			(0.25	)		—			(0.25	)		10.50		4.24			23,687		1.21			2.90			1.26			268
Year Ended May 31, 2004		10.94		0.31	(a)		(0.60	)		(0.29	)		(0.34	)		—			(0.34	)		10.31		(2.70	)		31,263		1.22			2.90			1.38			119
Year Ended May 31, 2003		10.24		0.38			0.74			1.12			(0.42	)		—			(0.42	)		10.94		11.16			34,874		1.22			3.45			1.38			137
Year Ended May 31, 2002		10.23		0.48			0.01			0.49			(0.48	)		—			(0.48	)		10.24		4.81			20,825		1.22			4.40			1.40			123
C Shares
Period Ended September 30, 2007*		10.50		0.21			0.02			0.23			(0.21	)		—			(0.21	)		10.52		2.20			8,317		1.56			3.94			1.56			147
Year Ended March 31, 2007		10.40		0.38			0.11			0.49			(0.39	)		—			(0.39	)		10.50		4.84			9,024		1.55			3.69			1.55			240
Year Ended March 31, 2006		10.51		0.31			(0.11	)		0.20			(0.31	)		—			(0.31	)		10.40		1.94			13,580		1.63			2.93			1.66			171
Period Ended March 31, 2005†		10.31		0.21			0.19			0.40			(0.20	)		—			(0.20	)		10.51		3.90			17,923		1.71			2.39			1.84			268
Year Ended May 31, 2004		10.95		0.25	(a)		(0.60	)		(0.35	)		(0.29	)		—			(0.29	)		10.31		(3.27	)		24,327		1.71			2.40			2.00			119
Year Ended May 31, 2003		10.25		0.31			0.76			1.07			(0.37	)		—			(0.37	)		10.95		10.61			37,810		1.71			3.01			1.97			137
Year Ended May 31, 2002		10.24		0.42			0.01			0.43			(0.42	)		—			(0.42	)		10.25		4.27			36,200		1.71			3.90			1.96			123

See Notes to Financial Highlights and Notes to Financial Statements.

151

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																																		Ratio of
																																		Expenses to
						Net																						Ratio of			Ratio of			Average
						Realized																						Net			Net			Net Assets
						and									Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Investment Grade Tax-Exempt Bond Fund
I Shares
Period Ended September 30, 2007*	$	11.47	$	0.19		$	—		$	0.19		$	(0.19	)	$	—		$	(0.19	)	$	11.47		1.71	%	$	496,590		0.55	%		3.38	%		0.56	%		93	%
Year Ended March 31, 2007		11.38		0.38			0.12			0.50			(0.37	)		(0.04	)		(0.41	)		11.47		4.51			410,473		0.55			3.28			0.55			214
Year Ended March 31, 2006		11.45		0.33			0.01			0.34			(0.33	)		(0.08	)		(0.41	)		11.38		2.92			300,986		0.64			2.84			0.64			237
Period Ended March 31, 2005†		11.44		0.23			0.20			0.43			(0.24	)		(0.18	)		(0.42	)		11.45		3.74			259,542		0.77			2.36			0.80			178
Year Ended May 31, 2004		12.01		0.27	(a)		(0.32	)		(0.05	)		(0.27	)		(0.25	)		(0.52	)		11.44		(0.45	)		205,266		0.81			2.33			0.84			242
Year Ended May 31, 2003		11.57		0.30			0.90			1.20			(0.30	)		(0.46	)		(0.76	)		12.01		10.80			185,485		0.81			2.57			0.84			329
Year Ended May 31, 2002		11.38		0.34			0.46			0.80			(0.34	)		(0.27	)		(0.61	)		11.57		7.15			149,200		0.81			2.93			0.84			311
A Shares
Period Ended September 30, 2007*		11.48		0.18			—			0.18			(0.18	)		—			(0.18	)		11.48		1.55			11,073		0.85			3.08			0.86			93
Year Ended March 31, 2007		11.39		0.34			0.13			0.47			(0.34	)		(0.04	)		(0.38	)		11.48		4.20			11,723		0.85			2.97			0.85			214
Year Ended March 31, 2006		11.46		0.29			0.01			0.30			(0.29	)		(0.08	)		(0.37	)		11.39		2.57			16,182		0.99			2.49			0.99			237
Period Ended March 31, 2005†		11.46		0.19			0.19			0.38			(0.20	)		(0.18	)		(0.38	)		11.46		3.28			17,430		1.20			1.93			1.26			178
Year Ended May 31, 2004		12.03		0.23	(a)		(0.33	)		(0.10	)		(0.22	)		(0.25	)		(0.47	)		11.46		(0.85	)		19,086		1.22			1.92			1.36			242
Year Ended May 31, 2003		11.58		0.25			0.91			1.16			(0.25	)		(0.46	)		(0.71	)		12.03		10.42			21,756		1.22			2.16			1.36			329
Year Ended May 31, 2002		11.39		0.29			0.46			0.75			(0.29	)		(0.27	)		(0.56	)		11.58		6.71			20,436		1.22			2.51			1.36			311
C Shares
Period Ended September 30, 2007*		11.46		0.14			—			0.14			(0.14	)		—			(0.14	)		11.46		1.20			6,404		1.56			2.39			1.56			93
Year Ended March 31, 2007		11.37		0.26			0.13			0.39			(0.26	)		(0.04	)		(0.30	)		11.46		3.48			7,254		1.55			2.27			1.55			214
Year Ended March 31, 2006		11.44		0.21			0.01			0.22			(0.21	)		(0.08	)		(0.29	)		11.37		1.92			10,284		1.65			1.85			1.67			237
Period Ended March 31, 2005†		11.44		0.14			0.19			0.33			(0.15	)		(0.18	)		(0.33	)		11.44		2.86			15,612		1.70			1.43			1.82			178
Year Ended May 31, 2004		12.01		0.17	(a)		(0.32	)		(0.15	)		(0.17	)		(0.25	)		(0.42	)		11.44		(1.33	)		22,969		1.70			1.45			1.92			242
Year Ended May 31, 2003		11.57		0.20			0.90			1.10			(0.20	)		(0.46	)		(0.66	)		12.01		9.82			32,684		1.70			1.68			1.91			329
Year Ended May 31, 2002		11.38		0.24			0.46			0.70			(0.24	)		(0.27	)		(0.51	)		11.57		6.21			24,587		1.70			2.03			1.92			311
Limited Duration Fund(4)
I Shares
Period Ended September 30, 2007*		9.98		0.26			—			0.26			(0.26	)		—			(0.26	)		9.98		2.66			46,720		0.17			5.29			0.18			81
Year Ended March 31, 2007		9.99		0.51			(0.02	)		0.49			(0.50	)		—	(c)		(0.50	)		9.98		5.04			40,291		0.14			5.03			0.14			185
Year Ended March 31, 2006		9.98		0.35			0.02			0.37			(0.36	)		—			(0.36	)		9.99		3.73			58,887		0.15			3.39			0.15			94
Period Ended March 31, 2005		9.98		0.08			—			0.08			(0.08	)		—	(c)		(0.08	)		9.98		0.84			83,315		0.16			2.12			0.16			12
Year Ended October 31, 2004††		9.98		0.11			—			0.11			(0.11	)		—			(0.11	)		9.98		1.09			129,259		0.20			1.04			0.26			101
Year Ended October 31, 2003		10.00		0.11			(0.02	)		0.09			(0.11	)		—			(0.11	)		9.98		0.92			146,513		0.20			1.10			0.26			244
Period Ended October 31, 2002		10.00		—	(c)		—			—	(c)		—	(c)		—			—	(c)		10.00		—	(d)		12,298		—	(d)		—	(d)		—	(d)		—	(d)
Limited-Term Federal Mortgage Securities Fund
I Shares
Period Ended September 30, 2007*		9.94		0.23	(a)		(0.03	)		0.20			(0.25	)		—			(0.25	)		9.89		2.00			121,189		0.57			4.57			0.57			89
Year Ended March 31, 2007		9.88		0.43	(a)		0.09			0.52			(0.46	)		—			(0.46	)		9.94		5.33			422,749		0.55			4.32			0.55			90
Year Ended March 31, 2006		10.09		0.35			(0.15	)		0.20			(0.41	)		—			(0.41	)		9.88		2.04			369,991		0.61			3.41			0.63			81
Period Ended March 31, 2005†		10.18		0.31			(0.08	)		0.23			(0.32	)		—			(0.32	)		10.09		2.26			407,543		0.66			3.60			0.71			41
Year Ended May 31, 2004		10.59		0.24	(a)		(0.36	)		(0.12	)		(0.29	)		—			(0.29	)		10.18		(1.10	)		435,446		0.70			2.32			0.75			146
Year Ended May 31, 2003		10.31		0.29	(a)		0.42			0.71			(0.42	)		(0.01	)		(0.43	)		10.59		6.99			320,718		0.70			2.79			0.75			117
Year Ended May 31, 2002		10.01		0.43			0.32			0.75			(0.43	)		(0.02	)		(0.45	)		10.31		7.53			164,624		0.70			3.72			0.75			410

See Notes to Financial Highlights and Notes to Financial Statements.

152

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																																		Ratio of
																																		Expenses to
						Net																						Ratio of			Ratio of			Average
						Realized																						Net			Net			Net Assets
						and									Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Limited-Term Federal Mortgage Securities Fund
A Shares
Period Ended September 30, 2007*	$	9.92	$	0.22	(a)	$	(0.02	)	$	0.20		$	(0.24	)	$	—		$	(0.24	)	$	9.88		2.00	%	$	2,990		0.78	%		4.40	%		0.78	%		89	%
Year Ended March 31, 2007		9.87		0.41	(a)		0.08			0.49			(0.44	)		—			(0.44	)		9.92		5.03			3,540		0.75			4.12			0.75			90
Year Ended March 31, 2006		10.07		0.30			(0.11	)		0.19			(0.39	)		—			(0.39	)		9.87		1.93			4,398		0.83			3.21			0.85			81
Period Ended March 31, 2005†		10.16		0.29			(0.08	)		0.21			(0.30	)		—			(0.30	)		10.07		2.07			5,854		0.90			3.47			1.00			41
Year Ended May 31, 2004		10.57		0.21	(a)		(0.35	)		(0.14	)		(0.27	)		—			(0.27	)		10.16		(1.36	)		9,495		0.96			2.06			1.17			146
Year Ended May 31, 2003		10.29		0.24	(a)		0.44			0.68			(0.39	)		(0.01	)		(0.40	)		10.57		6.72			13,668		0.96			2.33			1.20			117
Year Ended May 31, 2002		10.00		0.40			0.31			0.71			(0.40	)		(0.02	)		(0.42	)		10.29		7.16			1,578		0.96			3.50			2.06			410
C Shares
Period Ended September 30, 2007*		9.94		0.18	(a)		(0.02	)		0.16			(0.20	)		—			(0.20	)		9.90		1.59			12,369		1.58			3.58			1.58			89
Year Ended March 31, 2007		9.89		0.33	(a)		0.08			0.41			(0.36	)		—			(0.36	)		9.94		4.18			14,530		1.55			3.30			1.55			90
Year Ended March 31, 2006		10.10		0.23			(0.12	)		0.11			(0.32	)		—			(0.32	)		9.89		1.14			20,112		1.50			2.54			1.65			81
Period Ended March 31, 2005†		10.18		0.25			(0.07	)		0.18			(0.26	)		—			(0.26	)		10.10		1.81			34,924		1.31			3.04			1.74			41
Year Ended May 31, 2004		10.59		0.17	(a)		(0.35	)		(0.18	)		(0.23	)		—			(0.23	)		10.18		(1.71	)		70,000		1.31			1.68			1.82			146
Year Ended May 31, 2003		10.31		0.21	(a)		0.43			0.64			(0.35	)		(0.01	)		(0.36	)		10.59		6.33			166,211		1.31			1.97			1.80			117
Year Ended May 31, 2002		10.02		0.37			0.31			0.68			(0.37	)		(0.02	)		(0.39	)		10.31		6.83			15,930		1.31			2.88			1.98			410
Maryland Municipal Bond Fund(4)
I Shares
Period Ended September 30, 2007*		10.21		0.19			(0.10	)		0.09			(0.19	)		—			(0.19	)		10.11		0.89			34,690		0.63			3.73			0.63			19
Year Ended March 31, 2007		10.14		0.38	(a)		0.11			0.49			(0.38	)		(0.04	)		(0.42	)		10.21		4.93			29,513		0.63			3.75			0.63			57
Year Ended March 31, 2006		10.27		0.38			(0.04	)		0.34			(0.38	)		(0.09	)		(0.47	)		10.14		3.34			32,699		0.66			3.68			0.68			55
Period Ended March 31, 2005†		10.27		0.30			0.10			0.40			(0.31	)		(0.09	)		(0.40	)		10.27		3.87			31,046		0.64			3.49			0.72			30
Year Ended May 31, 2004		10.94		0.36	(a)		(0.47	)		(0.11	)		(0.36	)		(0.20	)		(0.56	)		10.27		(1.06	)		29,735		0.72			3.39			0.80			15
Year Ended May 31, 2003		10.32		0.37			0.63			1.00			(0.37	)		(0.01	)		(0.38	)		10.94		9.85			30,501		0.70			3.47			0.78			31
Year Ended May 31, 2002		10.12		0.38			0.20			0.58			(0.38	)		—			(0.38	)		10.32		5.80			33,668		0.71			3.69			0.78			45
A Shares
Period Ended September 30, 2007*		10.22		0.19			(0.10	)		0.09			(0.18	)		—			(0.18	)		10.13		0.91			45		0.81			3.78			0.81			19
Year Ended March 31, 2007		10.15		0.38	(a)		0.10			0.48			(0.37	)		(0.04	)		(0.41	)		10.22		4.77			45		0.78			3.69			0.78			57
Period Ended March 31, 2006		10.32		0.30			(0.07	)		0.23			(0.31	)		(0.09	)		(0.40	)		10.15		2.25			502		0.77			3.54			0.78			55
C Shares
Period Ended September 30, 2007*		10.23		0.14			(0.10	)		0.04			(0.14	)		—			(0.14	)		10.13		0.38			6,121		1.63			2.73			1.63			19
Year Ended March 31, 2007		10.16		0.28	(a)		0.11			0.39			(0.28	)		(0.04	)		(0.32	)		10.23		3.88			6,873		1.63			2.75			1.63			57
Year Ended March 31, 2006		10.29		0.28			(0.04	)		0.24			(0.28	)		(0.09	)		(0.37	)		10.16		2.30			9,333		1.67			2.69			1.70			55
Period Ended March 31, 2005†		10.29		0.21			0.10			0.31			(0.22	)		(0.09	)		(0.31	)		10.29		3.03			13,197		1.63			2.50			1.74			30
Year Ended May 31, 2004		10.96		0.26	(a)		(0.47	)		(0.21	)		(0.26	)		(0.20	)		(0.46	)		10.29		(1.97	)		18,897		1.64			2.46			1.82			15
Year Ended May 31, 2003		10.34		0.27			0.63			0.90			(0.27	)		(0.01	)		(0.28	)		10.96		8.81			29,556		1.64			2.52			1.81			31
Year Ended May 31, 2002		10.14		0.29			0.20			0.49			(0.29	)		—			(0.29	)		10.34		4.84			23,215		1.64			2.75			1.83			45

See Notes to Financial Highlights and Notes to Financial Statements.

153

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																																		Ratio of
																																		Expenses to
						Net																						Ratio of			Ratio of			Average
						Realized																						Net			Net			Net Assets
						and									Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
North Carolina Tax-Exempt Bond Fund(4)
I Shares
Period Ended September 30, 2007*	$	10.05	$	0.18		$	(0.15	)	$	0.03		$	(0.18	)	$	—		$	(0.18	)	$	9.90		0.35	%	$	40,971		0.61	%		3.70	%		0.62	%		49	%
Year Ended March 31, 2007		9.90		0.35	(a)		0.15			0.50			(0.35	)		—			(0.35	)		10.05		5.17			44,130		0.59			3.54			0.59			84
Year Ended March 31, 2006		9.87		0.31			0.03			0.34			(0.31	)		—			(0.31	)		9.90		3.51			41,276		0.68			3.14			0.70			85
Period Ended March 31, 2005†		9.76		0.25			0.14			0.39			(0.25	)		(0.03	)		(0.28	)		9.87		3.97			40,798		0.75			2.78			0.82			32
Period Ended May 31, 2004		10.00		0.09			(0.24	)		(0.15	)		(0.09	)		—			(0.09	)		9.76		(1.52	)		32,757		0.75			2.45			2.30			20
A Shares
Period Ended September 30, 2007*		10.03		0.17			(0.15	)		0.02			(0.18	)		—			(0.18	)		9.87		0.17			534		0.77			3.59			0.77			49
Year Ended March 31, 2007		9.88		0.34	(a)		0.15			0.49			(0.34	)		—			(0.34	)		10.03		5.02			896		0.75			3.46			0.75			84
Year Ended March 31, 2006		9.87		0.37			0.01			0.38			(0.37	)		—			(0.37	)		9.88		3.85			110		0.66			2.47			0.67			85
Period Ended March 31, 2005†		9.97		0.01			(0.10	)		(0.09	)		(0.01	)		—			(0.01	)		9.87		(0.89	)		—		—			3.84			—			32
C Shares
Period Ended September 30, 2007*		10.04		0.02			(0.15	)		(0.13	)		(0.02	)		—			(0.02	)		9.89		(1.28	)		—		1.84			3.16			1.84			49
Year Ended March 31, 2007		9.89		0.25	(a)		0.15			0.40			(0.25	)		—			(0.25	)		10.04		4.14			2		1.59			2.56			1.59			84
Year Ended March 31, 2006		9.87		0.30			0.02			0.32			(0.30	)		—			(0.30	)		9.89		3.23			2		1.58			2.18			1.58			85
Period Ended March 31, 2005†		9.97		0.01			(0.10	)		(0.09	)		(0.01	)		—			(0.01	)		9.87		(0.90	)		—		—			3.70			—			32
Seix Floating Rate High Income Fund(4)
I Shares
Period Ended September 30, 2007*		9.98		0.36			(0.33	)		0.03			(0.36	)		—			(0.36	)		9.65		0.32			733,627		0.54			7.24			0.54			66
Year Ended March 31, 2007		9.96		0.69			0.03			0.72			(0.70	)		—	(c)		(0.70	)		9.98		7.47			582,861		0.51			7.03			0.51			148
Period Ended March 31, 2006		10.00		0.04			(0.04	)		—			(0.04	)		—			(0.04	)		9.96		0.02			106,405		0.56			5.24			0.80			9
A Shares
Period Ended September 30, 2007*		9.99		0.34			(0.33	)		0.01			(0.34	)		—			(0.34	)		9.66		0.15			9,855		0.84			6.88			0.84			66
Period Ended March 31, 2007		9.94		0.60			0.06			0.66			(0.61	)		—	(c)		(0.61	)		9.99		6.87			10,310		0.79			6.83			0.79			148
C Shares
Period Ended September 30, 2007*		9.52		0.10			0.14			0.24			(0.10	)		—			(0.10	)		9.66		0.27			184		1.52			6.49			1.52			66
Seix High Yield Fund(4)
I Shares
Period Ended September 30, 2007*		10.84		0.39			(0.37	)		0.02			(0.40	)		—			(0.40	)		10.46		0.25			757,708		0.49			7.49			0.49			59
Year Ended March 31, 2007		10.69		0.74			0.15			0.89			(0.74	)		—			(0.74	)		10.84		8.68			1,116,851		0.48			6.92			0.48			130
Year Ended March 31, 2006		10.94		0.68			(0.10	)		0.58			(0.68	)		(0.15	)		(0.83	)		10.69		5.37			1,217,679		0.49			6.20			0.50			95
Period Ended March 31, 2005		11.42		0.29			(0.35	)		(0.06	)		(0.29	)		(0.13	)		(0.42	)		10.94		(0.53	)		1,391,879		0.51			6.22			0.57			42
Year Ended October 31, 2004††		11.09		0.72			0.35			1.07			(0.72	)		(0.02	)		(0.74	)		11.42		9.97			1,689,327		0.55			6.48			0.64			73
Year Ended October 31, 2003		10.17		0.68			0.92			1.60			(0.68	)		—			(0.68	)		11.09		16.10			1,057,993		0.55			6.67			0.67			108
Year Ended October 31, 2002		10.40		0.63			(0.20	)		0.43			(0.63	)		(0.03	)		(0.66	)		10.17		4.21			82,017		0.55			6.80			1.07			97
A Shares
Period Ended September 30, 2007*		10.60		0.39			(0.38	)		0.01			(0.39	)		—			(0.39	)		10.22		0.12			25,652		0.74			7.45			0.74			59
Year Ended March 31, 2007		10.45		0.72			0.15			0.87			(0.72	)		—			(0.72	)		10.60		8.61			29,517		0.74			6.82			0.74			130
Year Ended March 31, 2006		10.70		0.65			(0.10	)		0.55			(0.65	)		(0.15	)		(0.80	)		10.45		5.22			36,291		0.73			5.94			0.73			95
Period Ended March 31, 2005		11.18		0.28			(0.35	)		(0.07	)		(0.28	)		(0.13	)		(0.41	)		10.70		(0.64	)		9,706		0.78			6.12			0.85			42
Year Ended October 31, 2004††		10.75		0.56			0.45			1.01			(0.56	)		(0.02	)		(0.58	)		11.18		9.73			15,975		0.80			6.22			0.88			73
Year Ended October 31, 2003		9.78		0.68			0.82			1.50			(0.53	)		—			(0.53	)		10.75		15.72			14,992		0.90			6.45			0.93			108
Period Ended October 31, 2002		10.00		0.54			(0.22	)		0.32			(0.51	)		(0.03	)		(0.54	)		9.78		3.29			9,877		0.89			6.53			1.20			97

See Notes to Financial Highlights and Notes to Financial Statements.

154

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																																		Ratio of
																																		Expenses to
						Net																						Ratio of			Ratio of			Average
						Realized																						Net			Net			Net Assets
						and									Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Seix High Yield Fund(4)
C Shares
Period Ended September 30, 2007*	$	10.83	$	0.35		$	(0.38	)	$	(0.03	)	$	(0.35	)	$	—		$	(0.35	)	$	10.45		(0.25	)%	$	4,699		1.49	%		6.54	%		1.49	%		59	%
Year Ended March 31, 2007		10.68		0.63			0.15			0.78			(0.63	)		—			(0.63	)		10.83		7.62			4,970		1.48			5.92			1.48			130
Year Ended March 31, 2006		10.93		0.58			(0.10	)		0.48			(0.58	)		(0.15	)		(0.73	)		10.68		4.45			5,814		1.39			5.25			1.48			95
Period Ended March 31, 2005		11.42		0.26			(0.36	)		(0.10	)		(0.26	)		(0.13	)		(0.39	)		10.93		(0.89	)		3,260		1.41			5.46			1.54			42
Period Ended October 31, 2004††		11.32		0.04			0.10			0.14			(0.04	)		—			(0.04	)		11.42		1.20			1		1.18			6.29			1.41			73
Short-Term Bond Fund
I Shares
Period Ended September 30, 2007*		9.78		0.22			0.04			0.26			(0.22	)		—			(0.22	)		9.82		2.73			365,265		0.46			4.58			0.46			87
Year Ended March 31, 2007		9.71		0.43	(a)		0.07			0.50			(0.43	)		—			(0.43	)		9.78		5.23			426,757		0.46			4.38			0.46			104
Year Ended March 31, 2006		9.73		0.32			(0.01	)		0.31			(0.33	)		—			(0.33	)		9.71		3.24			281,282		0.55			3.32			0.57			94
Period Ended March 31, 2005†		9.84		0.20			(0.11	)		0.09			(0.20	)		—			(0.20	)		9.73		0.96			288,502		0.66			2.48			0.71			64
Year Ended May 31, 2004		10.04		0.24	(a)		(0.19	)		0.05			(0.25	)		—			(0.25	)		9.84		0.45			282,188		0.70			2.42			0.75			66
Year Ended May 31, 2003		10.01		0.33			0.03			0.36			(0.33	)		—			(0.33	)		10.04		3.70			302,708		0.70			3.34			0.75			89
Year Ended May 31, 2002		10.04		0.46			(0.03	)		0.43			(0.46	)		—			(0.46	)		10.01		4.29			305,884		0.70			4.48			0.75			142
A Shares
Period Ended September 30, 2007*		9.81		0.21			0.04			0.25			(0.21	)		—			(0.21	)		9.85		2.62			3,683		0.66			4.39			0.66			87
Year Ended March 31, 2007		9.73		0.41	(a)		0.08			0.49			(0.41	)		—			(0.41	)		9.81		5.11			3,742		0.66			4.15			0.66			104
Year Ended March 31, 2006		9.75		0.30			(0.01	)		0.29			(0.31	)		—			(0.31	)		9.73		3.01			5,062		0.77			3.09			0.79			94
Period Ended March 31, 2005†		9.87		0.19			(0.12	)		0.07			(0.19	)		—			(0.19	)		9.75		0.67			5,783		0.89			2.26			1.00			64
Year Ended May 31, 2004		10.07		0.22	(a)		(0.20	)		0.02			(0.22	)		—			(0.22	)		9.87		0.24			5,880		0.91			2.21			1.21			66
Year Ended May 31, 2003		10.04		0.31			0.03			0.34			(0.31	)		—			(0.31	)		10.07		3.47			5,685		0.91			3.09			1.28			89
Year Ended May 31, 2002		10.06		0.44			(0.02	)		0.42			(0.44	)		—			(0.44	)		10.04		4.19			5,767		0.91			4.28			1.26			142
C Shares
Period Ended September 30, 2007*		9.81		0.17			0.03			0.20			(0.17	)		—			(0.17	)		9.84		2.10			3,842		1.46			3.58			1.46			87
Year Ended March 31, 2007		9.73		0.33	(a)		0.08			0.41			(0.33	)		—			(0.33	)		9.81		4.29			4,501		1.46			3.33			1.46			104
Year Ended March 31, 2006		9.75		0.24			(0.01	)		0.23			(0.25	)		—			(0.25	)		9.73		2.34			9,559		1.42			2.44			1.59			94
Period Ended March 31, 2005†		9.86		0.16			(0.11	)		0.05			(0.16	)		—			(0.16	)		9.75		0.46			15,114		1.26			1.88			1.74			64
Year Ended May 31, 2004		10.06		0.19	(a)		(0.20	)		(0.01	)		(0.19	)		—			(0.19	)		9.86		(0.11	)		23,528		1.26			1.87			1.87			66
Year Ended May 31, 2003		10.03		0.28			0.03			0.31			(0.28	)		—			(0.28	)		10.06		3.11			32,608		1.26			2.74			1.85			89
Year Ended May 31, 2002		10.06		0.40			(0.03	)		0.37			(0.40	)		—			(0.40	)		10.03		3.75			26,392		1.26			3.89			1.87			142

See Notes to Financial Highlights and Notes to Financial Statements.

155

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																																					Ratio of
																																					Expenses to
						Net																									Ratio of			Ratio of			Average
						Realized																									Net			Net			Net Assets
						and												Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			Distributions			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment			Gain						from Net			from Tax			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Return of			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Capital			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Short-Term U.S. Treasury Securities Fund
I Shares
Period Ended September 30, 2007*	$	9.86	$	0.21		$	0.09		$	0.30		$	(0.21	)	$	—		$	—		$	(0.21	)	$	9.95		3.11	%	$	57,656		0.50	%		4.31	%		0.51	%		40	%
Year Ended March 31, 2007		9.80		0.39			0.06			0.45			(0.39	)		—			—			(0.39	)		9.86		4.64			55,459		0.48			3.93			0.48			87
Year Ended March 31, 2006		9.91		0.28			(0.11	)		0.17			(0.28	)		—			—			(0.28	)		9.80		1.70			54,991		0.58			2.79			0.63			151
Period Ended March 31, 2005†		10.11		0.14			(0.11	)		0.03			(0.14	)		—			(0.09	)		(0.23	)		9.91		0.35			69,935		0.65			1.68			0.71			82
Year Ended May 31, 2004		10.36		0.14	(a)		(0.13	)		0.01			(0.14	)		—			(0.12	)		(0.26	)		10.11		0.11			92,371		0.70			1.36			0.76			131
Year Ended May 31, 2003		10.20		0.22			0.22			0.44			(0.22	)		—			(0.06	)		(0.28	)		10.36		4.31			121,617		0.69			2.07			0.75			140
Year Ended May 31, 2002		10.13		0.37			0.10			0.47			(0.37	)		—			(0.03	)		(0.40	)		10.20		4.69			107,169		0.70			3.57			0.76			117
A Shares
Period Ended September 30, 2007*		9.85		0.20			0.09			0.29			(0.20	)		—			—			(0.20	)		9.94		3.02			3,857		0.68			4.14			0.69			40
Year Ended March 31, 2007		9.79		0.37			0.06			0.43			(0.37	)		—			—			(0.37	)		9.85		4.46			3,974		0.66			3.75			0.66			87
Year Ended March 31, 2006		9.90		0.26			(0.11	)		0.15			(0.26	)		—			—			(0.26	)		9.79		1.52			4,336		0.76			2.60			0.82			151
Period Ended March 31, 2005†		10.10		0.13			(0.11	)		0.02			(0.13	)		—			(0.09	)		(0.22	)		9.90		0.21			6,349		0.84			1.47			0.95			82
Year Ended May 31, 2004		10.35		0.12	(a)		(0.13	)		(0.01	)		(0.12	)		—			(0.12	)		(0.24	)		10.10		(0.06	)		12,823		0.86			1.20			1.06			131
Year Ended May 31, 2003		10.19		0.20			0.22			0.42			(0.20	)		—			(0.06	)		(0.26	)		10.35		4.13			15,558		0.86			1.76			1.07			140
Year Ended May 31, 2002		10.13		0.35			0.09			0.44			(0.35	)		—			(0.03	)		(0.38	)		10.19		4.44			4,735		0.86			3.36			1.41			117
C Shares
Period Ended September 30, 2007*		9.84		0.16			0.09			0.25			(0.16	)		—			—			(0.16	)		9.93		2.61			9,434		1.50			3.33			1.52			40
Year Ended March 31, 2007		9.78		0.29			0.06			0.35			(0.29	)		—			—			(0.29	)		9.84		3.62			11,378		1.48			2.90			1.48			87
Year Ended March 31, 2006		9.89		0.20			(0.11	)		0.09			(0.20	)		—			—			(0.20	)		9.78		0.88			19,958		1.39			1.99			1.65			151
Period Ended March 31, 2005†		10.09		0.10			(0.11	)		(0.01	)		(0.10	)		—			(0.09	)		(0.19	)		9.89		(0.03	)		33,796		1.12			1.22			1.74			82
Year Ended May 31, 2004		10.34		0.10	(a)		(0.13	)		(0.03	)		(0.10	)		—			(0.12	)		(0.22	)		10.09		(0.30	)		62,232		1.11			0.97			1.82			131
Year Ended May 31, 2003		10.18		0.17			0.22			0.39			(0.17	)		—			(0.06	)		(0.23	)		10.34		3.88			127,757		1.11			1.59			1.79			140
Year Ended May 31, 2002		10.11		0.33			0.10			0.43			(0.33	)		—			(0.03	)		(0.36	)		10.18		4.29			70,720		1.11			3.09			1.81			117
Strategic Income Fund(4)
I Shares
Period Ended September 30, 2007*		9.88		0.31	(a)		(0.13	)		0.18			(0.31	)		—			—			(0.31	)		9.75		1.89			72,482		0.72			6.35			0.75			326
Year Ended March 31, 2007		9.64		0.50	(a)		0.31			0.81			(0.40	)		(0.17	)		—			(0.57	)		9.88		8.66			86,812		0.71			5.20			0.73			397
Year Ended March 31, 2006		10.24		0.43	(a)		(0.41	)		0.02			(0.44	)		—			(0.18	)		(0.62	)		9.64		0.19			243,001		0.76			4.35			0.79			317
Period Ended March 31, 2005†		9.81		0.39	(a)		0.49			0.88			(0.39	)		—			(0.06	)		(0.45	)		10.24		9.10			196,921		0.86			4.55			0.96			305
Year Ended May 31, 2004		9.99		0.55	(a)		(0.14	)		0.41			(0.53	)		—			(0.06	)		(0.59	)		9.81		4.15			98,570		0.90			5.53			1.00			95
Year Ended May 31, 2003		9.80		0.61			0.20			0.81			(0.62	)		—			—			(0.62	)		9.99		8.73			61,906		0.91			6.39			1.01			52
Period Ended May 31, 2002		10.00		0.27			(0.20	)		0.07			(0.27	)		—			—			(0.27	)		9.80		0.74			43,717		0.94			6.07			1.04			43

See Notes to Financial Highlights and Notes to Financial Statements.

156

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																																					Ratio of
																																					Expenses to
						Net																									Ratio of			Ratio of			Average
						Realized																									Net			Net			Net Assets
						and												Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			Distributions			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment			Gain						from Net			from Tax			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Return of			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Capital			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Strategic Income Fund(4)
A Shares
Period Ended September 30, 2007*	$	9.92	$	0.30	(a)	$	(0.13	)	$	0.17		$	(0.30	)	$	—		$	—		$	(0.30	)	$	9.79		1.73	%	$	1,288		1.03	%		6.04	%		1.05	%		326	%
Year Ended March 31, 2007		9.68		0.49	(a)		0.30			0.79			(0.39	)		(0.16	)		—			(0.55	)		9.92		8.31			1,144		1.01			5.10			1.03			397
Year Ended March 31, 2006		10.27		0.41	(a)		(0.41	)		—			(0.41	)		—			(0.18	)		(0.59	)		9.68		(0.01	)		1,740		1.10			4.08			1.16			317
Period Ended March 31, 2005†		9.82		0.39	(a)		0.49			0.88			(0.37	)		—			(0.06	)		(0.43	)		10.27		9.04			3,795		1.15			4.59			1.37			305
Period Ended May 31, 2004		9.93		0.33	(a)		(0.07	)		0.26			(0.31	)		—			(0.06	)		(0.37	)		9.82		2.59			4,181		1.15			5.15			1.60			95
C Shares
Period Ended September 30, 2007*		9.88		0.26	(a)		(0.12	)		0.14			(0.26	)		—			—			(0.26	)		9.76		1.49			28,562		1.73			5.36			1.75			326
Year Ended March 31, 2007		9.65		0.43	(a)		0.28			0.71			(0.34	)		(0.14	)		—			(0.48	)		9.88		7.48			32,864		1.71			4.43			1.73			397
Year Ended March 31, 2006		10.24		0.35	(a)		(0.41	)		(0.06	)		(0.35	)		—			(0.18	)		(0.53	)		9.65		(0.57	)		46,679		1.63			3.53			1.83			317
Period Ended March 31, 2005†		9.81		0.37	(a)		0.46			0.83			(0.34	)		—			(0.06	)		(0.40	)		10.24		8.60			79,792		1.42			4.34			1.98			305
Year Ended May 31, 2004		9.99		0.50	(a)		(0.14	)		0.36			(0.48	)		—			(0.06	)		(0.54	)		9.81		3.59			117,216		1.43			4.98			2.03			95
Year Ended May 31, 2003		9.80		0.57			0.19			0.76			(0.57	)		—			—			(0.57	)		9.99		8.16			129,965		1.43			5.67			2.04			52
Period Ended May 31, 2002		10.00		0.25			(0.20	)		0.05			(0.25	)		—			—			(0.25	)		9.80		0.55			39,490		1.53			5.49			2.07			43
Total Return Bond Fund(4)
I Shares
Period Ended September 30, 2007*		9.96		0.26			(0.02	)		0.24			(0.26	)		—			—			(0.26	)		9.94		2.44			624,433		0.30			5.25			0.30			147
Year Ended March 31, 2007		9.86		0.48			0.11			0.59			(0.49	)		—			—			(0.49	)		9.96		6.16			601,676		0.30			4.97			0.30			310
Year Ended March 31, 2006		10.12		0.41			(0.24	)		0.17			(0.42	)		—			(0.01	)		(0.43	)		9.86		1.68			497,730		0.29			4.01			0.29			236
Period Ended March 31, 2005		10.30		0.15			(0.14	)		0.01			(0.14	)		—			(0.05	)		(0.19	)		10.12		0.09			176,537		0.37			3.12			0.37			150
Year Ended October 31, 2004††		10.31		0.31			0.23			0.54			(0.32	)		—			(0.23	)		(0.55	)		10.30		5.49			56,019		0.45			3.03			0.59			330
Year Ended October 31, 2003		10.00		0.30			0.35			0.65			(0.34	)		—			—			(0.34	)		10.31		6.58			33,662		0.45			3.10			0.51			463
Year Ended October 31, 2002		10.34		0.42			(0.29	)		0.13			(0.42	)		—			(0.05	)		(0.47	)		10.00		1.38			80,727		0.45			4.08			0.70			502
A Shares
Period Ended September 30, 2007*		10.26		0.25			(0.02	)		0.23			(0.25	)		—			—			(0.25	)		10.24		2.25			264		0.54			4.88			0.54			147
Year Ended March 31, 2007		10.15		0.46			0.12			0.58			(0.47	)		—			—			(0.47	)		10.26		5.82			324		0.54			4.57			0.54			310
Year Ended March 31, 2006		10.41		0.38			(0.24	)		0.14			(0.39	)		—			(0.01	)		(0.40	)		10.15		1.38			493		0.56			3.67			0.56			236
Period Ended March 31, 2005		10.60		0.12	(a)		(0.13	)		(0.01	)		(0.13	)		—			(0.05	)		(0.18	)		10.41		(0.11	)		267		0.62			2.78			0.62			150
Year Ended October 31, 2004††		10.49		0.18			0.35			0.53			(0.19	)		—			(0.23	)		(0.42	)		10.60		5.22			417		0.70			2.80			0.83			330
Year Ended October 31, 2003		10.08		0.29			0.34			0.63			(0.22	)		—			—			(0.22	)		10.49		6.24			303		0.68			2.66			0.68			463
Period Ended October 31, 2002		10.00		0.27			0.09			0.36			(0.28	)		—			—			(0.28	)		10.08		3.69			166		0.80			3.30			1.11			502
C Shares
Period Ended September 30, 2007*		9.96		0.21			(0.01	)		0.20			(0.21	)		—			—			(0.21	)		9.95		2.03			35		1.30			4.25			1.30			147
Year Ended March 31, 2007		9.86		0.38			0.11			0.49			(0.39	)		—			—			(0.39	)		9.96		5.10			29		1.30			3.96			1.30			310
Year Ended March 31, 2006		10.12		0.32			(0.24	)		0.08			(0.33	)		—			(0.01	)		(0.34	)		9.86		0.76			28		1.24			3.10			1.27			236
Period Ended March 31, 2005		10.30		0.11			(0.13	)		(0.02	)		(0.11	)		—			(0.05	)		(0.16	)		10.12		(0.17	)		1		1.01			2.50			1.37			150
Period Ended October 31, 2004††		10.25		0.01			0.06			0.07			(0.02	)		—			—			(0.02	)		10.30		0.65			1		1.10			2.71			1.41			330

See Notes to Financial Highlights and Notes to Financial Statements.

157

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																																		Ratio of
																																		Expenses to
						Net																						Ratio of			Ratio of			Average
						Realized																						Net			Net			Net Assets
						and									Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Ultra-Short Bond Fund (4)(b)
I Shares
Period Ended September 30, 2007*	$	10.00	$	0.24		$	0.01		$	0.25		$	(0.24	)	$	—		$	(0.24	)	$	10.01		2.48	%	$	79,593		0.30	%		4.72	%		0.32	%		60	%
Year Ended March 31, 2007		9.96		0.48			0.05			0.53			(0.49	)		—			(0.49	)		10.00		5.44			85,646		0.28			4.58			0.28			96
Year Ended March 31, 2006		10.00		0.36			(0.04	)		0.32			(0.36	)		—			(0.36	)		9.96		3.23			245,257		0.30			3.61			0.37			114
Period Ended March 31, 2005†		10.05		0.15			(0.05	)		0.10			(0.15	)		—			(0.15	)		10.00		1.22			74,259		0.31			1.89			0.81			44
Year Ended May 31, 2004		10.10		0.15	(a)		(0.05	)		0.10			(0.15	)		—			(0.15	)		10.05		1.01			112,453		0.31			1.50			0.86			83
Year Ended May 31, 2003		10.00		0.20			0.10			0.30			(0.20	)		—	(c)		(0.20	)		10.10		3.16			146,590		0.31			1.84			0.86			56
Period Ended May 31, 2002		10.00		0.05			—			0.05			(0.05	)		—			(0.05	)		10.00		0.30			33,730		0.36			2.44			0.91			30
U.S. Government Securities Fund
I Shares
Period Ended September 30, 2007*		10.29		0.25			(0.02	)		0.23			(0.25	)		—			(0.25	)		10.27		2.30			593,876		0.55			4.96			0.55			74
Year Ended March 31, 2007		10.19		0.47			0.11			0.58			(0.48	)		—			(0.48	)		10.29		5.86			535,056		0.55			4.70			0.55			131
Year Ended March 31, 2006		10.42		0.37			(0.20	)		0.17			(0.40	)		—			(0.40	)		10.19		1.66			316,475		0.65			3.63			0.65			118
Period Ended March 31, 2005†		10.35		0.29			0.09			0.38			(0.31	)		—			(0.31	)		10.42		3.74			319,058		0.77			3.41			0.80			64
Year Ended May 31, 2004		10.93		0.31	(a)		(0.50	)		(0.19	)		(0.35	)		(0.04	)		(0.39	)		10.35		(1.77	)		298,997		0.81			2.95			0.84			240
Year Ended May 31, 2003		10.47		0.44			0.51			0.95			(0.46	)		(0.03	)		(0.49	)		10.93		9.25			258,585		0.81			4.00			0.84			150
Year Ended May 31, 2002		10.38		0.54			0.26			0.80			(0.54	)		(0.17	)		(0.71	)		10.47		7.90			168,609		0.82			5.09			0.85			262
A Shares
Period Ended September 30, 2007*		10.29		0.24			(0.02	)		0.22			(0.24	)		—			(0.24	)		10.27		2.14			3,824		0.85			4.69			0.85			74
Year Ended March 31, 2007		10.19		0.44			0.11			0.55			(0.45	)		—			(0.45	)		10.29		5.54			2,849		0.85			4.40			0.85			131
Year Ended March 31, 2006		10.41		0.32			(0.17	)		0.15			(0.37	)		—			(0.37	)		10.19		1.43			3,032		0.99			3.31			0.99			118
Period Ended March 31, 2005†		10.35		0.26			0.08			0.34			(0.28	)		—			(0.28	)		10.41		3.32			3,080		1.17			3.17			1.28			64
Year Ended May 31, 2004		10.93		0.27	(a)		(0.50	)		(0.23	)		(0.31	)		(0.04	)		(0.35	)		10.35		(2.17	)		8,484		1.22			2.54			1.52			240
Year Ended May 31, 2003		10.47		0.40			0.51			0.91			(0.42	)		(0.03	)		(0.45	)		10.93		8.79			9,333		1.22			3.59			1.45			150
Year Ended May 31, 2002		10.38		0.50			0.26			0.76			(0.50	)		(0.17	)		(0.67	)		10.47		7.47			8,483		1.22			4.70			1.40			262
C Shares
Period Ended September 30, 2007*		10.29		0.20			(0.02	)		0.18			(0.20	)		—			(0.20	)		10.27		1.79			4,475		1.55			3.97			1.55			74
Year Ended March 31, 2007		10.19		0.37			0.11			0.48			(0.38	)		—			(0.38	)		10.29		4.81			5,121		1.55			3.67			1.55			131
Year Ended March 31, 2006		10.41		0.27			(0.19	)		0.08			(0.30	)		—			(0.30	)		10.19		0.76			7,909		1.66			2.60			1.68			118
Period Ended March 31, 2005†		10.35		0.21			0.08			0.29			(0.23	)		—			(0.23	)		10.41		2.83			12,229		1.74			2.50			1.85			64
Year Ended May 31, 2004		10.93		0.22	(a)		(0.50	)		(0.28	)		(0.26	)		(0.04	)		(0.30	)		10.35		(2.67	)		18,993		1.73			2.04			1.97			240
Year Ended May 31, 2003		10.48		0.34			0.50			0.84			(0.36	)		(0.03	)		(0.39	)		10.93		8.14			39,423		1.73			3.10			1.93			150
Year Ended May 31, 2002		10.38		0.45			0.27			0.72			(0.45	)		(0.17	)		(0.62	)		10.48		7.06			31,922		1.73			4.17			1.93			262
U.S. Government Securities Ultra-Short Bond Fund (4)(b)
I Shares
Period Ended September 30, 2007*		9.95		0.21			0.05			0.26			(0.22	)		—			(0.22	)		9.99		2.62			36,334		0.28			4.32			0.37			84
Year Ended March 31, 2007		9.85		0.42			0.11			0.53			(0.43	)		—			(0.43	)		9.95		5.50			34,411		0.29			4.23			0.33			141
Year Ended March 31, 2006		9.90		0.36			(0.06	)		0.30			(0.35	)		—			(0.35	)		9.85		3.12			42,616		0.29			3.41			0.47			126
Period Ended March 31, 2005†		9.95		0.20			(0.05	)		0.15			(0.20	)		—			(0.20	)		9.90		1.36			49,623		0.18			2.02			0.71			42
Year Ended May 31, 2004		10.00		0.15	(a)		(0.05	)		0.10			(0.15	)		—			(0.15	)		9.95		1.01			77,360		0.24			1.25			0.77			109
Year Ended May 31, 2003		9.95		0.20			0.06			0.26			(0.20	)		(0.01	)		(0.21	)		10.00		2.80			95,277		0.23			1.76			0.76			87
Period Ended May 31, 2002		9.95		0.05			—			0.05			(0.05	)		—			(0.05	)		9.95		0.32			28,138		0.30			2.42			0.83			34

See Notes to Financial Highlights and Notes to Financial Statements.

158

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																																		Ratio of
																																		Expenses to
						Net																						Ratio of			Ratio of			Average
						Realized																						Net			Net			Net Assets
						and									Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net			Unrealized						Dividends			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment			Gain						from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements			Portfolio
	Beginning		Income			(Loss) on			Total From			Investment			Capital			and			End of		Total			End of		Net			Net			and Expense			Turnover
	of Period		(Loss)			Investments			Operations			Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)			Rate(3)
Virginia Intermediate Municipal Bond Fund(4)
I Shares
Period Ended September 30, 2007*	$	10.11	$	0.18		$	(0.03	)	$	0.15		$	(0.18	)	$	—		$	(0.18	)	$	10.08		1.55	%	$	205,647		0.60	%		3.68	%		0.60	%		27	%
Year Ended March 31, 2007		10.01		0.36			0.10			0.46			(0.36	)		—			(0.36	)		10.11		4.67			214,908		0.59			3.59			0.60			54
Year Ended March 31, 2006		10.11		0.34			(0.03	)		0.31			(0.34	)		(0.07	)		(0.41	)		10.01		3.05			169,743		0.65			3.33			0.66			54
Period Ended March 31, 2005†		10.15		0.28			0.05			0.33			(0.28	)		(0.09	)		(0.37	)		10.11		3.21			176,959		0.71			3.23			0.71			46
Year Ended May 31, 2004		10.68		0.34	(a)		(0.44	)		(0.10	)		(0.34	)		(0.09	)		(0.43	)		10.15		(1.00	)		181,558		0.75			3.23			0.75			26
Year Ended May 31, 2003		10.29		0.36			0.49			0.85			(0.36	)		(0.10	)		(0.46	)		10.68		8.43			206,432		0.75			3.45			0.75			30
Year Ended May 31, 2002		10.14		0.40			0.15			0.55			(0.40	)		—			(0.40	)		10.29		5.52			191,406		0.75			3.86			0.75			33
A Shares
Period Ended September 30, 2007*		10.11		0.18			(0.03	)		0.15			(0.18	)		—			(0.18	)		10.08		1.48			5,862		0.75			3.53			0.75			27
Year Ended March 31, 2007		10.01		0.35			0.10			0.45			(0.35	)		—			(0.35	)		10.11		4.52			5,395		0.74			3.43			0.75			54
Year Ended March 31, 2006		10.11		0.33			(0.03	)		0.30			(0.33	)		(0.07	)		(0.40	)		10.01		2.92			5,480		0.79			3.22			0.82			54
Period Ended March 31, 2005†		10.15		0.27			0.05			0.32			(0.27	)		(0.09	)		(0.36	)		10.11		3.14			7,143		0.80			3.16			0.90			46
Year Ended May 31, 2004		10.68		0.33	(a)		(0.44	)		(0.11	)		(0.33	)		(0.09	)		(0.42	)		10.15		(1.04	)		10,566		0.79			3.19			1.04			26
Year Ended May 31, 2003		10.29		0.36			0.49			0.85			(0.36	)		(0.10	)		(0.46	)		10.68		8.38			10,484		0.79			3.40			1.07			30
Year Ended May 31, 2002		10.14		0.39			0.16			0.55			(0.40	)		—			(0.40	)		10.29		5.47			7,257		0.79			3.82			1.11			33
C Shares
Period Ended September 30, 2007*		10.11		0.13			(0.04	)		0.09			(0.13	)		—			(0.13	)		10.07		0.95			3,104		1.60			2.68			1.60			27
Year Ended March 31, 2007		10.01		0.26			0.10			0.36			(0.26	)		—			(0.26	)		10.11		3.64			3,289		1.60			2.63			1.61			54
Period Ended March 31, 2006		10.27		0.14			(0.19	)		(0.05	)		(0.14	)		(0.07	)		(0.21	)		10.01		(0.52	)		9		1.62			2.35			1.62			54

See Notes to Financial Highlights and Notes to Financial Statements.

159

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																															Ratio of
																															Expenses to
					Net																				Ratio of			Ratio of			Average
					Realized																				Net			Net			Net Assets
					and							Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net		Unrealized				Dividends			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment		Gain				from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements
	Beginning		Income		(Loss) on		Total From		Investment			Capital			and			End of		Total			End of		Net			Net			and Expense
	of Period		(Loss)		Investments		Operations		Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)
Prime Quality Money Market Fund
I Shares
Period Ended September 30, 2007*	$	1.00	$	0.02	$	—	$	0.02	$	(0.02	)	$	—		$	(0.02	)	$	1.00		2.45	%	$	3,393,676		0.52	%		4.83	%		0.52	%
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—			(0.05	)		1.00		4.83			3,248,781		0.53			4.73			0.53
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—			(0.03	)		1.00		3.25			2,976,881		0.58			3.19			0.61
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		1.13			3,173,794		0.60			1.34			0.71
Year Ended May 31, 2004		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		0.52			3,477,598		0.63			0.52			0.74
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		1.17			4,284,266		0.63			1.14			0.74
Year Ended May 31, 2002		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		2.29			3,907,203		0.63			2.22			0.74
A Shares
Period Ended September 30, 2007*		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		2.37			6,580,531		0.67			4.68			0.67
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—			(0.05	)		1.00		4.67			5,917,224		0.68			4.59			0.68
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—			(0.03	)		1.00		3.08			4,011,561		0.74			3.16			0.76
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		0.96			2,124,606		0.80			1.17			0.91
Year Ended May 31, 2004		1.00		—		—		—		—	(c)		—	(c)		—	(c)		1.00		0.34			1,851,615		0.81			0.34			0.95
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		0.98			1,925,521		0.81			0.96			0.94
Year Ended May 31, 2002		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		2.11			1,887,033		0.81			2.09			0.94
C Shares
Period Ended September 30, 2007*		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		2.32			4,221		0.77			4.58			0.77
Year Ended March 31, 2007		1.00		0.04		—		0.04		(0.04	)		—			(0.04	)		1.00		4.57			3,733		0.78			4.47			0.78
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—			(0.03	)		1.00		3.01			3,991		0.82			2.81			1.10
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		0.94			10,093		0.83			0.99			1.48
Year Ended May 31, 2004		1.00		—		—		—		—	(c)		—	(c)		—	(c)		1.00		0.22			25,444		0.93			0.21			1.59
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		0.54			14,633		1.25			0.53			1.62
Year Ended May 31, 2002		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		1.36			12,302		1.54			1.04			1.70
Tax-Exempt Money Market Fund
I Shares
Period Ended September 30, 2007*		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		1.64			1,262,734		0.48			3.26			0.48
Year Ended March 31, 2007		1.00		0.03		—		0.03		(0.03	)		—	(c)		(0.03	)		1.00		3.15			1,157,688		0.48			3.10			0.48
Year Ended March 31, 2006		1.00		0.02		—		0.02		(0.02	)		—	(c)		(0.02	)		1.00		2.27			1,172,717		0.50			2.25			0.53
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		0.90			936,272		0.51			1.04			0.61
Year Ended May 31, 2004		1.00		—		—		—		—	(c)		—	(c)		—	(c)		1.00		0.48			978,548		0.55			0.46			0.64
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		0.81			1,088,415		0.54			0.79			0.64
Year Ended May 31, 2002		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		1.38			907,827		0.55			1.39			0.65
A Shares
Period Ended September 30, 2007*		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		1.57			699,560		0.63			3.11			0.63
Year Ended March 31, 2007		1.00		0.03		—		0.03		(0.03	)		—	(c)		(0.03	)		1.00		3.00			594,416		0.63			2.95			0.63
Year Ended March 31, 2006		1.00		0.02		—		0.02		(0.02	)		—	(c)		(0.02	)		1.00		2.12			671,164		0.65			2.10			0.68
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		0.78			402,333		0.65			0.92			0.75
Year Ended May 31, 2004		1.00		—		—		—		—	(c)		—	(c)		—	(c)		1.00		0.35			274,543		0.67			0.34			0.80
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		0.68			239,451		0.67			0.67			0.79
Year Ended May 31, 2002		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		1.26			218,048		0.67			1.25			0.80

See Notes to Financial Highlights and Notes to Financial Statements.

160

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																															Ratio of
																															Expenses to
					Net																				Ratio of			Ratio of			Average
					Realized																				Net			Net			Net Assets
					and							Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net		Unrealized				Dividends			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment		Gain				from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements
	Beginning		Income		(Loss) on		Total From		Investment			Capital			and			End of		Total			End of		Net			Net			and Expense
	of Period		(Loss)		Investments		Operations		Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)
U.S. Government Securities Money Market Fund
I Shares
Period Ended September 30, 2007*	$	1.00	$	0.02	$	—	$	0.02	$	(0.02	)	$	—		$	(0.02	)	$	1.00		2.34	%	$	655,372		0.59	%		4.63	%		0.59	%
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—			(0.05	)		1.00		4.62			691,145		0.59			4.56			0.59
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—			(0.03	)		1.00		3.07			413,893		0.62			2.99			0.65
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		1.03			517,253		0.62			1.24			0.71
Year Ended May 31, 2004		1.00		—		—		—		—	(c)		—			—	(c)		1.00		0.43			615,324		0.66			0.43			0.75
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		1.01			992,560		0.65			1.00			0.74
Year Ended May 31, 2002		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		2.25			997,759		0.66			2.17			0.75
A Shares		—
Period Ended September 30, 2007*		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		2.27			310,152		0.74			4.48			0.74
Year Ended March 31, 2007		1.00		0.04		—		0.04		(0.04	)		—			(0.04	)		1.00		4.46			257,949		0.74			4.37			0.74
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—			(0.03	)		1.00		2.91			253,648		0.77			2.91			0.80
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		0.89			230,041		0.78			1.06			0.88
Year Ended May 31, 2004		1.00		—		—		—		—	(c)		—			—	(c)		1.00		0.28			234,100		0.80			0.28			0.92
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		0.86			250,246		0.80			0.86			0.92
Year Ended May 31, 2002		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		2.11			210,004		0.80			2.02			0.92
U.S. Treasury Money Market Fund(4)
I Shares
Period Ended September 30, 2007*		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		2.23			1,170,386		0.59			4.40			0.59
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—			(0.05	)		1.00		4.61			1,025,065		0.58			4.50			0.58
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—			(0.03	)		1.00		2.99			1,650,172		0.60			2.98			0.63
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		0.99			1,407,783		0.62			1.19			0.71
Year Ended May 31, 2004		1.00		—		—		—		—	(c)		—	(c)		—	(c)		1.00		0.37			1,233,565		0.66			0.32			0.75
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		0.88			1,080,779		0.65			0.81			0.74
Year Ended May 31, 2002		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		1.96			871,946		0.65			1.90			0.74
A Shares
Period Ended September 30, 2007*		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		2.15			47,204		0.74			4.18			0.74
Year Ended March 31, 2007		1.00		0.04		—		0.04		(0.04	)		—			(0.04	)		1.00		4.45			31,554		0.73			4.41			0.73
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—			(0.03	)		1.00		2.84			12,366		0.75			3.12			0.76
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		0.88			303		0.75			0.97			1.48
Period Ended May 31, 2004		1.00		—		—		—		—	(c)		—	(c)		—	(c)		1.00		0.15			401		0.75			0.21			3.17	(e)

See Notes to Financial Highlights and Notes to Financial Statements.

161

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated.

																															Ratio of
																															Expenses to
					Net																				Ratio of			Ratio of			Average
					Realized																				Net			Net			Net Assets
					and							Distributions						Net							Expenses			Investment			(Excluding
	Net Asset		Net		Unrealized				Dividends			from			Total			Asset							to			Income to			Waivers,
	Value,		Investment		Gain				from Net			Realized			Dividends			Value,					Net Assets,		Average			Average			Reimbursements
	Beginning		Income		(Loss) on		Total From		Investment			Capital			and			End of		Total			End of		Net			Net			and Expense
	of Period		(Loss)		Investments		Operations		Income			Gains			Distributions			Period		Return(1)			Period (000)		Assets(2)			Assets(2)			Offset)(2)
Virginia Tax-Free Money Market Fund
I Shares
Period Ended September 30, 2007*	$	1.00	$	0.02	$	—	$	0.02	$	(0.02	)	$	—		$	(0.02	)	$	1.00		1.65	%	$	260,066		0.45	%		3.26	%		0.45	%
Year Ended March 31, 2007		1.00		0.03		—		0.03		(0.03	)		—	(c)		(0.03	)		1.00		3.14			230,191		0.45			3.09			0.45
Year Ended March 31, 2006		1.00		0.02		—		0.02		(0.02	)		—	(c)		(0.02	)		1.00		2.33			226,319		0.46			2.28			0.46
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		0.94			177,377		0.46			1.07			0.46
Year Ended May 31, 2004		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		0.56			173,959		0.50			0.51			0.50
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		0.85			219,701		0.49			0.84			0.49
Year Ended May 31, 2002		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		1.44			240,681		0.50			1.45			0.50
A Shares
Period Ended September 30, 2007*		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		1.57			401,229		0.60			3.11			0.60
Year Ended March 31, 2007		1.00		0.03		—		0.03		(0.03	)		—	(c)		(0.03	)		1.00		2.98			378,541		0.60			2.94			0.60
Year Ended March 31, 2006		1.00		0.02		—		0.02		(0.02	)		—	(c)		(0.02	)		1.00		2.16			303,752		0.62			2.12			0.68
Period Ended March 31, 2005†		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		0.77			197,380		0.66			0.92			0.86
Year Ended May 31, 2004		1.00		—		—		—		—	(c)		—	(c)		—	(c)		1.00		0.38			118,339		0.67			0.34			0.90
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		0.67			96,325		0.67			0.66			0.90
Year Ended May 31, 2002		1.00		0.01		—		0.01		(0.01	)		—	(c)		(0.01	)		1.00		1.27			99,141		0.67			1.22			0.90

See Notes to Financial Highlights and Notes to Financial Statements.

162

NOTES TO FINANCIAL HIGHLIGHTS

*	Unaudited
(1)	Total return excludes sales charge. Not annualized for periods less than one year.
(2)	Annualized for periods less than one year.
(3)	Not annualized for periods less than one year.
(4)	The following table details the commencement of operations of certain classes of each respective fund.

Fund	Class	Inception Date
High Income Fund	I Shares	October 3, 2001
High Income Fund	C Shares	October 27, 2003
Intermediate Bond Fund	A Shares	October 11, 2004
Intermediate Bond Fund	C Shares	October 11, 2004
Limited Duration Fund	I Shares	October 25, 2002
Maryland Municipal Bond Fund	A Shares	April 13, 2005
North Carolina Tax-Exempt Bond Fund	I Shares	January 8, 2004
North Carolina Tax-Exempt Bond Fund	A Shares	March 21, 2005
North Carolina Tax-Exempt Bond Fund	C Shares	March 21, 2005
Seix Floating Rate High Income Fund	I Shares	March 2, 2006
Seix Floating Rate High Income Fund	A Shares	May 8, 2006
Seix Floating Rate High Income Fund	C Shares	August 3, 2007
Seix High Yield Fund	A Shares	December 21, 2001
Seix High Yield Fund	C Shares	October 11, 2004
Strategic Income Fund	I Shares	November 30, 2001
Strategic Income Fund	A Shares	October 8, 2003
Strategic Income Fund	C Shares	November 30, 2001
Total Return Bond Fund	I Shares	January 25, 2002
Total Return Bond Fund	C Shares	October 11, 2004
Ultra-Short Bond Fund	I Shares	April 15, 2002
U.S. Government Securities Ultra-Short Bond Fund	I Shares	April 11, 2002
Virginia Intermediate Municipal Bond Fund	C Shares	September 1, 2005
U.S. Treasury Money Market Fund	A Shares	November 12, 2003

(a)	Per share data calculated using average shares outstanding method.
(b)	Financial Highlights per share amounts for the Ultra-Short Bond Fund and the U.S. Government Securities Ultra-Short Bond Fund have been adjusted for a 5:1 reverse stock split and 4.974874:1 reverse stock split, respectively which occured on April 1, 2005, for the periods ended March 31, 2005, May 31, 2004, May 31, 2003 and May 31, 2002.
(c)	Amount less than $0.005.
(d)	Amounts are not meaningful due to the short period of operations.
(e)	Ratio reflects the impact of the initial low level of average net assets associated with commencement of operations.
†	Effective June 1, 2004, the Funds adopted a change in the amortization and accretion methodology on fixed income securities. The cumulative effect of this change in methodology was immaterial to all Funds except for the Funds noted below:

				Change to Net			Change to Ratio of Net
	Change to Net			Realized and			Investment Income to Average
	Investment			Unrealized Gain			Net Assets
	Income Per Share			(Loss) Per Share			I Shares			A Shares			C Shares
Georgia Tax-Exempt Bond Fund	$	0.01		$	(0.01	)		0.16	%		0.14	%		0.14	%
Investment Grade Bond Fund		0.01			(0.01	)		0.18	%		0.14	%		0.14	%
Investment Grade Tax-Exempt Bond Fund		(0.01	)		0.01			(0.08	)%		(0.07	)%		(0.06	)%
Limited-Term Federal Mortgage Securities Fund		0.04			(0.04	)		0.47	%		0.42	%		0.36	%
Maryland Municipal Bond Fund		(0.01	)		0.01			(0.07	)%		(0.06	)%
North Carolina Tax-Exempt Bond Fund		(0.02	)		0.02			(0.20	)%		—			—
Short-Term Bond Fund		0.01			(0.01	)		0.08	%		0.07	%		0.06	%
Strategic Income Fund		0.01			(0.01	)		0.22	%		0.14	%		0.13	%
U.S. Government Securities Fund		0.02			(0.02	)		0.23	%		0.11	%		0.17	%
U.S. Government Securities Ultra-Short Bond Fund		0.01			(0.01	)		0.24	%

†† Effective November 1, 2003, these Funds adopted a change in the amortization and accretion methodology on fixed income securities. The cumulative effect of this change in methodology was immaterial to all Funds except for the Fund noted below:

			Change to Net			Change to Ratio of Net
	Change to Net		Realized and			Investment Income to Average
	Investment		Unrealized Gain			Net Assets
	Income Per Share		(Loss) Per Share			I Shares			A Shares			C Shares
Seix High Yield Fund	$	0.01	$	(0.01	)		0.06	%		0.05	%		0.84	%

163

NOTES TO FINANCIAL STATEMENTS

STI CLASSIC FUNDS  September 30, 2007

(Unaudited)

1.  Organization

The STI Classic Funds (the “Trust”) was organized as a Massachusetts business trust under a Declaration of Trust dated January 15, 1992. The Trust is registered under the Investment Company Act of 1940 (the “1940 Act”), as amended, as an open-end management investment company offering 49 funds as of September 30, 2007. The Trust is authorized to issue an unlimited number of shares without par value. The financial statements presented herein are those of the Georgia Tax-Exempt Bond Fund, High Grade Municipal Bond Fund, High Income Fund, Intermediate Bond Fund, Investment Grade Bond Fund, Investment Grade Tax-Exempt Bond Fund, Limited Duration Fund, Limited-Term Federal Mortgage Securities Fund, Maryland Municipal Bond Fund, North Carolina Tax-Exempt Bond Fund, Seix Floating Rate High Income Fund, Seix High Yield Fund, Short-Term Bond Fund, Short-Term U.S. Treasury Securities Fund, Strategic Income Fund, Total Return Bond Fund, Ultra-Short Bond Fund, U.S. Government Securities Fund, U.S. Government Securities Ultra-Short Bond Fund, Virginia Intermediate Municipal Bond Fund, Prime Quality Money Market Fund, Tax-Exempt Money Market Fund, U.S. Government Securities Money Market Fund, U.S. Treasury Money Market Fund and Virginia Tax-Free Money Market Fund (each a “Fund” and collectively the “Funds”). The financial statements of the remaining funds are presented separately. The Limited Duration Fund, Ultra-Short Bond Fund and U.S. Government Securities Ultra-Short Bond Fund may offer I Shares only. The Tax-Exempt Money Market Fund, U.S. Government Securities Money Market Fund, U.S. Treasury Money Market Fund and Virginia Tax-Free Money Market Fund offer I Shares and A Shares. The remaining Funds offer I Shares, A Shares and C Shares. The Funds’ prospectuses provide a description of each Fund’s investment objectives, policies and strategies.

The assets of each Fund are segregated, and a shareholder’s interest is limited to the Fund in which shares are held. Each class of shares has identical rights and privileges except with respect to the fees paid under the Distribution Plan and the Distribution and Services Plan, voting rights on matters affecting a single class of shares and sales charges. The A Shares of the Funds (except Limited-Term Federal Mortgage Securities Fund, Seix Floating Rate High Income Fund, Short-Term Bond Fund, Short-Term U.S. Treasury Securities Fund, Prime Quality Money Market Fund, Tax-Exempt Money Market Fund, U.S. Government Securities Money Market Fund, U.S. Treasury Money Market Fund and Virginia Tax-Free Money Market Fund) have a maximum sales charge on purchases of 4.75% as a percentage of original purchase price. Limited-Term Federal Mortgage Securities Fund, Seix Floating Rate High Income Fund, Short-Term Bond Fund and Short-Term U.S. Treasury Securities Fund A Shares have a maximum sales charge on purchases of 2.50% as a percentage of original purchase price. Certain purchases of A Shares will not be subject to a front-end sales charge but will be subject to a contingent deferred sales charge (CDSC) of 1.00% if redeemed within one year of purchase. The C Shares have a maximum CDSC of 1.00% as a percentage of either the original purchase price or the next calculated price after the Funds receive the redemption request, whichever is less, if redeemed within one year of purchase.

Under the Trust’s organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into contracts with its vendors and others that provide for general indemnifications. The Trust’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust. However, based on experience, the Trust expects that risk of loss to be remote.

2.  Reorganizations

Intermediate Bond Fund  — The Trust entered into a plan of reorganization on behalf of the High Quality Bond Fund and the Intermediate Bond Fund that provides for the acquisition by the Intermediate Bond Fund of all of the assets, subject to stated liabilities, of the High Quality Bond Fund in exchange for I Shares of the Intermediate Bond Fund, the distribution of such shares to the shareholders of the High Quality Bond Fund and the dissolution of the High Quality Bond Fund. The reorganization, which qualified as a tax-free exchange for federal income tax purposes, was approved by the Board of Trustees (the “Board”) on November 14, 2006

164

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

and completed on January 31, 2007. The following is a summary of shares outstanding, net assets and net asset value per share issued immediately before and after the reorganization:

	Before Reorganization						After Reorganization
	High Quality			Intermediate			Intermediate
	Bond Fund			Bond Fund			Bond Fund
Shares		3,484,579			6,031,180			9,440,405
Net Assets	$	33,737,909		$	59,685,005		$	93,422,914
Net Asset Value:
I Shares	$	9.68		$	9.90		$	9.90
Net unrealized depreciation	$	(120,650	)	$	(230,831	)	$	(351,481	)

Total Return Bond Fund (formerly Core Bond Fund) — The Trust entered into a plan of reorganization on behalf of the Total Return Bond Fund and the Core Bond Fund that provides for the acquisition by the Core Bond Fund of all of the assets, subject to stated liabilities, of the Total Return Bond Fund in exchange for I Shares of the Core Bond Fund, the distribution of such shares to the shareholders of the Total Return Bond Fund and the dissolution of the Total Return Bond Fund. The reorganization, which qualified as a tax-free exchange for federal income tax purposes, was approved by the Board on August 8, 2006 and completed on September 29, 2006. The following is a summary of shares outstanding, net assets and net asset value per share issued immediately before and after the reorganization:

	Before Reorganization				After Reorganization
	Total Return		Core Bond		Core Bond
	Bond Fund		Fund		Fund*
Shares		6,691,066		51,166,306		57,763,510
Net Assets	$	65,561,317	$	508,477,671	$	574,038,988
Net Asset Value:
I Shares	$	9.80	$	9.94	$	9.94
Net unrealized appreciation	$	162,998	$	1,666,657	$	1,829,655

*  Immediately following the reorganization of the Total Return Bond Fund and the Core Bond Fund to form the Core Bond Fund, the reorganized Core Bond Fund was renamed the Total Return Bond Fund.

Virginia Intermediate Municipal Bond Fund — The Trust entered into a plan of reorganization on behalf of the Virginia Municipal Bond Fund and the Virginia Intermediate Municipal Bond Fund that provides for the acquisition by the Virginia Intermediate Municipal Bond Fund of all of the assets, subject to stated liabilities, of the Virginia Municipal Bond Fund in exchange for I Shares, A Shares and C Shares of the Virginia Intermediate Municipal Bond Fund, the distribution of such shares to the shareholders of the Virginia Municipal Bond Fund and the dissolution of the Virginia Municipal Bond Fund. The reorganization, which qualified as a tax-free exchange for federal income tax purposes, was approved by the Board on May 9, 2006 and completed on July 31, 2006. The following is a summary of shares outstanding, net assets and net asset value per share issued immediately before and after the reorganization:

	Before Reorganization				After Reorganization
	Virginia Municipal		Virginia Intermediate		Virginia Intermediate
	Bond Fund		Municipal Bond Fund		Municipal Bond Fund
Shares		5,377,872		16,831,718		22,319,449
Net Assets	$	54,954,122	$	168,557,960	$	223,512,082
Net Asset Value:
I Shares	$	10.22	$	10.01	$	10.01
A Shares	$	10.21	$	10.01	$	10.01
C Shares	$	10.26	$	10.01	$	10.01
Net unrealized appreciation	$	921,773	$	1,673,902	$	2,595,675

165

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

3. Significant Accounting Policies

The following is a summary of significant accounting policies followed by the Trust in the preparation of its financial statements. These policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. The actual results could differ from these estimates.

Security Valuation — Securities listed on a securities exchange, market or automated quotation system for which quotations are readily available (except for securities traded on NASDAQ), including securities traded over the counter, are valued at the last quoted sale price on the primary exchange or market (foreign or domestic) on which they are traded on valuation date (or at approximately 4:00 p.m. Eastern Time if a security’s primary exchange is normally open at that time), or, if there is no such reported sale on the valuation date, at the most recent quoted bid price. For securities traded on NASDAQ, the NASDAQ Official Closing Price will be used. If available, debt securities are priced based upon valuations provided by independent, third-party pricing agents. Such values generally reflect the last reported sale price if the security is actively traded. The third-party pricing agents may also value debt securities at an evaluated bid price by employing methodologies that utilize actual market transactions, broker-supplied valuations, or other methodologies designed to identify the market value for such securities. Debt obligations with remaining maturities of sixty days or less may be valued at their amortized cost, which approximates market value. The prices for foreign securities are reported in local currency and converted to U.S. dollars at the exchange rate of such currencies against the U.S. dollar, as of the close of regular trading on the New York Stock Exchange (usually 4:00 p.m. Eastern Time), as provided by an independent pricing service approved by the Funds’ Board. If a security price cannot be obtained from an independent, third-party pricing agent, the Funds’ accounting agent shall seek to obtain a bid price from at least one independent broker. Investments n other investment companies are valued at their respective net asset values.

The Prime Quality Money Market Fund, Tax-Exempt Money Market Fund, U.S. Government Securities Money Market Fund, U.S. Treasury Money Market Fund, Virginia Tax-Free Money Market Fund (the “Money Market Funds”) state investment securities at amortized cost, which approximates market value. Under the amortized cost method, premium or discount, if any, is amortized or accreted, respectively, on a constant basis to the maturity of the security. On October 17, 2007, the Receiver for Cheyne Financial PLC stated that it would cease making payments on its commercial paper. On October 19, 2007, SunTrust Banks, Inc. (“SunTrust”) established an irrevocable letter of credit in favor of the Trust with respect to Money Market Fund’s investments in medium term notes issued by Cheyne Finance LLC. The letter of credit, in the amount of $117,500,000, allows the Trust to draw upon it for payment of any scheduled interest or principal payments that are due but not paid under each respective note. The Investment Adviser has concluded that the amount of the letter of credit would cover all amounts due for the life of, and at the maturity of the notes. The Trust would transfer the notes to SunTrust in consideration for any amounts paid to the Funds under the letter of credit. The provisions of the letter of credit would enable the Funds to continue holding the notes. The investments continue to be valued using amortized cost, as reported on the Schedule of Portfolio Investments.

Securities for which market prices are not “readily available” are valued in accordance with Pricing and Valuation Procedures established by the Board. The Funds’ Pricing and Valuation Procedures are performed and monitored by a Valuation Committee (the “Committee”) designated by the Board. Some of the more common reasons which may necessitate that a security be valued using Pricing and Valuation Procedures include, but are not limited to: the security’s trading has been halted or suspended; the security has been de-listed from a national exchange; the security’s primary trading market is temporarily closed at a time when under normal conditions it would be open; or the security’s primary pricing source

166

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

is not able or willing to provide a price. When a security is valued in accordance with the Pricing and Valuation Procedures, the Committee determines the value after taking into consideration relevant information reasonably available to the Committee.

For securities that principally trade on a foreign market or exchange, a significant gap in time can exist between the time of a particular security’s last trade and the time at which a Fund calculates its net asset value. The closing prices of such securities may no longer reflect their market value at the time the Fund calculates net asset value if an event that could materially affect the value of those securities (a “Significant Event”) has occurred between the time of the security’s last close and the time that the Fund calculates net asset value. A Significant Event may relate to a single issuer or to an entire market sector. If the adviser of a Fund becomes aware of a Significant Event that has occurred with respect to a security or group of securities after the closing of the exchange or market on which the security or securities principally trade, but before the time at which the Fund calculates net asset value, it shall immediately notify the Funds’ accounting agent and may preauthorize the Funds’ accounting agent to utilize a pricing service authorized by the Board (a “Fair Value Pricing Service”) that has been designed to determine a fair value. On a day when a Fair Value Pricing Service is so utilized pursuant to a preauthorization, the Committee need not meet. If the adviser does not pre-authorize the Funds’ accounting agent to utilize a Fair Value Pricing Service, the adviser will request that a Committee Meeting be called. In addition, the Funds’ accounting agent monitors price movements among certain selected indices, securities and/or groups of securities that may be an indicator that the closing prices received earlier in the day from foreign exchanges or markets may not reflect market value at the time the Fund calculates net asset value. If price movements in a monitored index or security exceed levels established by the Funds (“Trigger Points”), the Funds may use a systematic valuation model provided by an independent third party to fair value their international equity securities.

Security Transactions and Investment Income — During the period, security transactions are accounted for no later than one business day following the trade date. For financial reporting purposes, however, security transactions are accounted for on trade date on the last business day of the reporting period. Interest income is recognized on an accrual basis and includes amortization or accretion of premium or discount. Costs used in determining net realized gains and losses on the sales of investment securities are those of the specific securities sold, adjusted for the accretion or amortization of purchase discounts or premiums during the respective holding period.

Foreign Currency Translation — The books and records of the Funds are maintained in U.S. dollars. Foreign currency amounts are translated into U.S. dollars on the following basis: (i) market value of investment securities, other assets and liabilities at the current rate of exchange; and (ii) purchases and sales of investment securities, income and expenses at the relevant rates of exchange prevailing on the respective dates of such transactions. The Funds do not isolate the portion of operations resulting from changes in foreign exchange rates on investments from fluctuations arising from changes in market prices of securities held. Such fluctuations are included with the net realized and unrealized gain or loss from investments and foreign currencies.

Forward Foreign Currency Contracts — Each Fund (except the Money Market Funds) may enter into forward foreign currency contracts as hedges against either specific transactions, fund positions or anticipated fund positions. All commitments are “marked-to-market” daily at the applicable foreign exchange rate and any resulting unrealized gains or losses are recorded currently. The Fund realizes gains and losses at the time forward contracts are extinguished. Unrealized gains or losses on outstanding positions in forward foreign currency contracts held at the close of the fiscal year are recognized as ordinary income or loss for federal income tax purposes. The Fund could be exposed to risk if a counterparty is unable to meet the items of a forward currency contract or if the value of the foreign currency changes unfavorably. As of September 30, 2007, certain Funds had outstanding forward foreign currency contracts as listed on the Schedules of Portfolio Investments.

167

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Securities Lending — Each Fund (except the Money Market Funds) may lend portfolio securities to brokers, dealers and other financial organizations that meet capital and other credit requirements or other criteria established by the Trust’s Board. These loans may not exceed either (i) 50% of the sum of the market value of all securities of the Fund and the market value of securities purchased with cash collateral or (ii) 33.33% of the total market value of all securities of the Fund. No Fund will lend portfolio securities to its investment adviser or its affiliates unless it has applied for and received specific authority to do so from the Securities and Exchange Commission. Loans of portfolio securities will be fully collateralized by cash, letters of credit or U.S. government securities. The initial value of the collateral must be at least 102% of the market value of the securities loaned if the securities loaned are U.S. securities (105% for non-U.S. securities); and maintained in an amount equal to at least 100% (103% for non-U.S. securities) thereafter. However, due to market fluctuations during the day, the value of securities loaned on a particular day may, during the course of the day, exceed the value of collateral. On each business day, the amount of collateral is adjusted based on the prior day’s market fluctuations and the current day’s lending activity. Income from lending activity is determined by the amount of interest earned on collateral, less any amounts payable to the borrowers of the securities and the lending agent. Lending securities involves certain risks, including the risk that the Fund may be delayed or prevented from recovering the collateral if the borrower fails to return the securities.

A fee will be obtained from the borrower if letters of credit or U.S. government securities are used as collateral. Cash collateral received in connection with securities lending is invested in the Credit Suisse Flagship Fund (USA) LLC (the “Portfolio”). This investment may consist of money market mutual funds registered under the 1940 Act and money market instruments including commercial paper, repurchase agreements, U.S. Treasury Bills and U.S. Agency Obligations. At September 30, 2007, the Portfolio was invested in certificates of deposit, repurchase agreements, asset backed securities and corporate bonds (with interest rates ranging from 4.900% to 5.983% and maturity dates ranging from 10/1/2007 to 10/15/2019).

The Funds paid securities lending fees during the period ended September 30, 2007, which have been netted against the Income from Securities Lending on the Statements of Operations. These fees are presented below (in thousands):

	Fees ($)
High Income Fund		9
Intermediate Bond Fund		70
Investment Grade Bond Fund		56
Limited-Term Federal Mortgage Securities Fund		1
Seix High Yield Fund		59
Short-Term Bond Fund		19
Short-Term U.S. Treasury Securities Fund		9
Strategic Income Fund		14
Total Return Bond Fund		47
Ultra-Short Bond Fund		—
U.S. Government Securities Fund		65
U.S. Government Securities Ultra-Short Bond Fund		—

Repurchase Agreements — The Funds may purchase instruments from financial institutions, such as banks and broker-dealers, subject to the seller’s agreement to repurchase them at an agreed upon time and price (“repurchase agreement”). A third party custodian bank takes possession of the underlying securities (“collateral”) of a repurchase agreement, the value of which exceeds the principal amount of the repurchase transaction, including accrued interest. In the event of default on the obligation to repurchase, each Fund has the right to liquidate the collateral and apply the proceeds in satisfaction of the obligation.

168

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

In the event of default or bankruptcy by the counterparty to the repurchase agreement, realization and/or retention of the collateral or proceeds may be subject to legal proceedings.

Securities Purchased on a When-Issued Basis — Delivery and payment for securities that have been purchased by a Fund on a forward commitment or when-issued basis can take place up to a month or more after the transaction date. During this period, such securities are subject to market fluctuations. The purchase of securities on a when-issued or forward commitment basis may increase the volatility of a Fund’s net asset value if the Fund makes such investments while remaining substantially fully invested. The Fund will segregate or earmark liquid assets in an amount at least equal in value to its commitments to purchase when-issued and forward commitment securities.

TBA Purchase Commitments — The Funds may enter into “TBA” (To Be Announced) purchase commitments to purchase securities for a fixed price at a future date beyond customary settlement time. TBA purchase commitments may be considered securities in themselves, and involve a risk of loss if the value of the security to be purchased declines prior to settlement date. Unsettled TBA purchase commitments are valued at the current market value of the underlying securities, generally according to the procedures described under “Security Valuation.”

Mortgage Dollar Rolls — The Funds may enter into mortgage dollar rolls (principally using TBA’s) in which a Fund sells mortgage securities for delivery in the current month and simultaneously contracts to repurchase substantially similar securities at an agreed-upon price on a fixed future date. The Funds account for such dollar rolls under the purchases and sales method and receive compensation as consideration for entering into the commitment to repurchase. The Funds must maintain liquid securities having a value not less than the repurchase price (including accrued interest) for such dollar rolls. The market value of the securities that the Funds are required to purchase may decline below the agreed upon repurchase price of those securities.

The counterparty receives all principal and interest payments, including pre-payments, made in respect of a security subject to such a contract while it is with the holder. Mortgage dollar rolls may be renewed with a new purchase and repurchase price and a cash settlement made on settlement date without physical delivery of the securities subject to the contract. The Funds engage in dollar rolls for the purpose of enhancing yield, principally by earning a negotiated fee. As of September 30, 2007, there were no open mortgage dollar rolls.

Bank Loans — The High Income Fund, Seix Floating Rate High Income Fund, Seix High Yield Fund, and Strategic Income Fund invest in first and second lien senior floating rate loans (“bank loans”). These loans are made by banks and other large financial institutions to various companies and are senior in the borrowing companies’ capital structure. Coupon rates are floating, not fixed and are tied to a benchmark lending rate. A Fund records an investment when the borrower withdraws money and records the interest as earned. Some types of senior loans in which these Funds may invest require that an open loan for a specific amount be continually offered to a borrower. These types of senior loans, commonly referred to as revolvers, contractually obligate the lender (and therefore those with an interest in the loan) to fund the loan at the borrower’s discretion. Therefore, a Fund must have funds sufficient to cover its contractual obligation. A Fund will maintain, on a daily basis, high quality, liquid assets in an amount at least equal in value to its contractual obligation to fulfill the revolving senior loan. These unfunded loan commitments, which are marked to market daily, are presented with the Schedule of Portfolio Investments. At September 30, 2007, only the Seix Floating Rate High Income Fund and the Seix High Yield Fund had unfunded loan commitments.

Swap Agreements — The High Income, Intermediate Bond, Investment Grade Bond, Investment Grade Tax-Exempt Bond, Seix Floating Rate High Income, Seix High Yield, Short-Term Bond, Strategic Income and Total Return Bond Funds may enter into swap agreements, which are two-party contracts entered into primarily by institutional investors for periods ranging from a day to more than one year. In a standard “swap” transaction, two parties agree to exchange the returns (or differentials in rates of return) earned or

169

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

realized on particular predetermined investments or instruments. The gross returns to be exchanged or “swapped” between the parties are calculated with respect to a “notional amount,” i.e., the return on or increase in value of a particular dollar amount invested in a “basket” of securities representing a particular index. The primary risks associated with the use of swap agreements are an imperfect correlation between movements in the notional amount and the price of the underlying instruments and the inability of counterparties to perform. A Fund bears the risk of loss of the amount expected to be received under a swap agreement in the event of the default or bankruptcy of a swap agreement counterparty.

Swap agreements typically are settled on a net basis, which means that the two payment streams are netted out, with the Fund receiving or paying, as the case may be, only the net amount of the two payments. Payments may be made at the conclusion of a swap agreement, at the time a Fund enters into a swap agreement or periodically during its term. Up-front receipts and payments are recorded as deferred income (liability) or expense (asset), as the case may be on the statement of assets and liabilities and then amortized to income or expense over the life of the swap contract. Until a swap agreement is settled in cash, the gain or loss on the notional amount plus income on the instruments, less the interest paid by the Fund on the notional amount, is recorded as “unrealized appreciation or depreciation on swap agreements” and, when cash is exchanged, the gain or loss realized is recorded as “realized gains or losses on swap agreements”. A Fund’s current obligations under swap agreements (offset against any amounts owing to the Fund) will be accrued daily and any accrued but unpaid net amounts owed to a swap counterparty will be covered by segregating cash or other assets deemed to be liquid with the Fund’s custodian. Swap agreements do not involve the delivery of securities or other underlying assets. Accordingly, the risk of loss with respect to swap agreements is limited to the net amount of payments that a Fund is contractually obligated to make. If the other party to a swap agreement defaults, the Fund’s risk of loss consists of the net amount of payments that such Fund is contractually entitled to receive, if any.

Credit default swap (“CDS”) agreements are a specific kind of counterparty agreement designed to transfer the third party credit risk between parties. One party in the CDS is a lender and faces credit risk from a third party, while the counterparty in the CDS agrees to insure this risk in exchange for regular periodic payments (essentially an insurance premium). If the third party defaults, the party providing insurance will have to purchase from the insured party the defaulted asset.

Interest rate swaps involve the exchange of commitments to pay and receive interest based on a notional principle amount. Net periodic interest payments to be received or paid are accrued daily and are recorded as realized gains or losses on the Statements of Operations.

Futures Contracts — Each of the Funds may enter into contracts for the future delivery of specific securities, classes of securities, and financial indices; may purchase or sell exchange-listed or OTC options on any such futures contracts; and may engage in related closing transactions. A financial futures contract is an agreement to purchase or sell an agreed amount of securities or currency at a set price for delivery in the future. A futures contract on a securities index is an agreement obligating either party to pay, and entitling the other party to receive, while the contract is outstanding, cash payments based on the level of a specified securities index. The acquisition of put and call options on futures contracts will, respectively, give the Fund the right (but not the obligation), for a specified price, to sell or to purchase the underlying futures contract, upon exercise of the option, at any time during the option period.

Compensating Balances — If a Fund has a cash overdraft in excess of $100,000 it is required to deposit an amount equal to 110% of the overdraft in a compensating balance account with its custodian, SunTrust Bank, a wholly owned subsidiary of SunTrust Banks, Inc., on the following business day. If a Fund has a positive cash balance in excess of $100,000 it is allowed to overdraw an amount equal to 90% of the balance from SunTrust Bank on the following business day. All such deposits to, and overdrafts from, the compensating balance account are non-interest bearing and are for a duration of one business day. The Strategic Income Fund does not have any compensating balance arrangements with its custodian, Brown Brothers Harriman & Co.

170

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Restricted Securities — Certain of the Funds’ investments are restricted as to resale. As of September 30, 2007, all of these restricted securities have been deemed liquid by the Funds’ advisers based upon procedures approved by the Board unless stated otherwise on each Fund’s Schedule of Portfolio Investments.

Expenses — Expenses that are directly related to a specific Fund are charged to that Fund. Class specific expenses, such as distribution fees, if any, are borne by that class. Other operating expenses of the Trust are pro-rated to the Funds on the basis of relative net assets or another appropriate basis. Expenses attributable to the Trust and the STI Classic Variable Trust (collectively, the “STI Complex”) are allocated across the STI Complex based upon relative net assets or another appropriate basis.

Classes — Income, non-class specific expenses and realized/unrealized gains and losses are allocated to the respective classes within a Fund on the basis of the relative daily net assets.

Dividends and Distributions to Shareholders — Dividends and distributions to shareholders are recorded on the ex-dividend date. Dividends from net investment income for each of the Funds are declared daily and paid monthly. Any net realized capital gains on sales of securities are distributed to shareholders at least annually. However, to the extent that net realized capital gains can be offset by capital loss carryovers, such gains will not be distributed.

New Accounting Pronouncements — In September 2006, the Financial Accounting Standards Board (“FASB”) issued Statement on Financial Accounting Standards (SFAS) No. 157, “Fair Value Measurements.” This standard establishes a single authoritative definition of fair value, sets out a framework for measuring fair value and requires additional disclosures about fair value measurements. SFAS No. 157 applies to fair value measurements already required or permitted by existing standards. SFAS No. 157 is effective for financial statements issued for fiscal years beginning after November 15, 2007 and interim periods within those fiscal years. The changes to current GAAP from the application of this Statement relate to the definition of fair value, the methods used to measure fair value and expanded disclosures about fair value measurements. As of September 30, 2007, the Funds do not believe the adoption of SFAS No. 157 will impact the financial statement amounts, however, additional disclosures may be required about the inputs used to develop the measurements and the effect of certain of the measurements on changes in net assets for the period.

4.  Agreements and Other Transactions with Affiliates

Investment Advisory Agreement — The Trust and Trusco Capital Management, Inc. (the “Investment Adviser”), a wholly-owned subsidiary of SunTrust Banks, Inc., have entered into an advisory agreement.

Under the terms of the agreement, the Funds are charged annual advisory fees, which are computed daily and paid monthly based upon average daily net assets. Breakpoints are used in computing the overall annual advisory fee. The maximum annual advisory fee is charged on average daily net assets of each Fund (other than the Money Market Funds) up to $500 million. A discount of 5% applies on the next $500 million, and a discount of 10% applies on amounts over $1 billion. For the Money Market Funds, the maximum annual advisory fee is charged on average daily assets of each Money Market Fund up to $1 billion, a discount of 5% applies on the next $1.5 billion, a discount of 10% applies on amounts over $2.5 billion and a discount of 20% applies on amounts over $5 billion. Fee rates for the period April 1, 2007 through September 30, 2007 were as follows:

	Maximum		Discounted				Net
	Annual		Annual		Advisory Fees		Annual
	Advisory		Advisory		Waived or		Fees
	Fee (%)		Fee (%)		Reimbursed (%)		Paid (%)
Georgia Tax-Exempt Bond Fund		0.55		0.55		—		0.55
High Grade Municipal Bond Fund		0.55		0.55		—		0.55
High Income Fund		0.60		0.60		—		0.60

171

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

	Maximum		Discounted					Net
	Annual		Annual		Advisory Fees			Annual
	Advisory		Advisory		Waived or			Fees
	Fee (%)		Fee (%)		Reimbursed (%)			Paid (%)
Intermediate Bond Fund		0.25		0.25		—			0.25
Investment Grade Bond Fund		0.50		0.50		—			0.50
Investment Grade Tax-Exempt Bond Fund		0.50		0.50		—			0.50
Limited Duration Fund		0.10		0.10		—			0.10
Limited-Term Federal Mortgage Securities Fund		0.50		0.50		—			0.50
Maryland Municipal Bond Fund		0.55		0.55		—			0.55
North Carolina Tax-Exempt Bond Fund		0.55		0.55		—			0.55
Seix Floating Rate High Income Fund		0.45		0.45		—			0.45
Seix High Yield Fund		0.45		0.44		—			0.44
Short-Term Bond Fund		0.40		0.40		—			0.40
Short-Term U.S. Treasury Securities Fund		0.40		0.40		—			0.40
Strategic Income Fund		0.60		0.60		(0.01	)		0.59
Total Return Bond Fund		0.25		0.25		—			0.25
Ultra-Short Bond Fund		0.22		0.22		—			0.22
U.S. Government Securities Fund		0.50		0.50		—			0.50
U.S. Government Securities Ultra-Short Bond Fund		0.20		0.20		(0.06	)		0.14
Virginia Intermediate Municipal Bond Fund		0.55		0.55		—			0.55
Prime Quality Money Market Fund		0.55		0.48		—			0.48
Tax-Exempt Money Market Fund		0.45		0.44		—			0.44
U.S. Government Securities Money Market Fund		0.55		0.55		—			0.55
U.S. Treasury Money Market Fund		0.55		0.55		—			0.55
Virginia Tax-Free Money Market Fund		0.40		0.40		—			0.40

The Investment Adviser has contractually agreed, until at least August 1, 2008, to waive fees and/or reimburse each Fund to the extent necessary to maintain each Fund’s Total Operating Expense, expressed as a percentage of average daily net assets, as noted below:

		Total Operating
		Expense (%)
Seix Floating Rate High Income Fund	I Shares		0.55
Seix Floating Rate High Income Fund	A Shares		0.85
Seix Floating Rate High Income Fund	C Shares		1.55

Under the Expense Limitation Agreements, the Investment Adviser may retain the difference between the Total Operating Expense identified above and the actual total expense to recapture any of its prior contractual waivers or reimbursements at a date not to exceed three years from the date of the corresponding Expense Limitation Agreement. Such repayments shall be made monthly, but only to the extent that such repayments would not cause the annualized total expense ratio to exceed Total Operating Expense in place at that time. During the period from April 1, 2007 through September 30, 2007, the Investment Adviser does not intend to recapture such amounts. As of September 30, 2007, there were no available cumulative potential reimbursements based on reimbursements within three years of the corresponding Expense Limitation Agreement (until August 1, 2010) after being reduced by amounts forfeited during the current fiscal year.

Administration, Fund Accounting and Transfer Agency Agreement — The Trust has entered into a Master Services Agreement with Citi Fund Services Ohio, Inc. (the “Administrator”), formerly BISYS Fund

172

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Services Ohio, Inc., under which the Administrator provides administrative, fund accounting and transfer agent, and shareholder services for an annual fee, calculated and paid monthly, (expressed as a percentage of the combined average daily net assets of the STI Complex) of: 0.0275% up to $25 billion, 0.0225% on the next $5 billion and 0.0175% for over $30 billion plus an additional class fee of $2,714 per class annually, applicable to each additional class of shares over 145 classes of shares.

The Master Services Agreement provides for the Administrator to pay certain insurance premiums for the STI Complex, including $300,000 towards the premium for Directors and Officers Liability/Errors and Omissions insurance coverage, and $25,000 towards the premium for Fidelity Bond coverage. The Administrator has agreed, under the terms of the Master Services Agreement, to pay certain legal expenses for the benefit of the STI Complex relating to administrative service matters. The Master Services Agreement further provides for the Administrator to waive a portion of its fees for the benefit of shareholders. Such payments and fee waivers are expected to total approximately $400,000 to $650,000 annually, and will not be recouped by the Administrator in subsequent years.

Distribution Agreement — The Trust and Foreside Distribution Services, L.P. (the “Distributor”) are parties to a Distribution Agreement. The fees the Distributor receives for the services it performs pursuant to the Distribution Agreement have been waived through September 30, 2007. Prior to August 1, 2007, BISYS Fund Services Limited Partnership was the distributor for the Funds. With respect to the A Shares and C Shares, the Distributor receives amounts, pursuant to a Distribution Plan and (in the case of C Shares) a Distribution and Services Plan, based upon average daily net assets of each respective class, which are computed daily and paid monthly. These fees, expressed as a percentage of average daily net assets, for the period ended September 30, 2007 were as follows:

	Board Approved		Board Approved
	and Charged		and Charged
	A Share		C Share
	Distribution		Distribution
	Fee (%)		and Service Fee (%)
Georgia Tax-Exempt Bond Fund		0.15		1.00
High Grade Municipal Bond Fund		0.15		1.00
High Income Fund		0.30		1.00
Intermediate Bond Fund		0.25		1.00
Investment Grade Bond Fund		0.30		1.00
Investment Grade Tax-Exempt Bond Fund		0.30		1.00
Limited-Term Federal Mortgage Securities Fund		0.20		1.00
Maryland Municipal Bond Fund		0.15		1.00
North Carolina Tax-Exempt Bond Fund		0.15		1.00
Seix Floating Rate High Income Fund		0.30		1.00
Seix High Yield Fund		0.25		1.00
Short-Term Bond Fund		0.20		1.00
Short-Term U.S. Treasury Securities Fund		0.18		1.00
Strategic Income Fund		0.30		1.00
Total Return Bond Fund		0.25		1.00
U.S. Government Securities Fund		0.30		1.00
Virginia Intermediate Municipal Bond Fund		0.15		1.00
Prime Quality Money Market Fund		0.15		0.25
Tax-Exempt Money Market Fund		0.15		N/A
U.S. Government Securities Money Market Fund		0.15		N/A
U.S. Treasury Money Market Fund		0.15		N/A
Virginia Tax-Free Money Market Fund		0.15		N/A

173

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Custodian Agreements — SunTrust Bank acts as custodian for the Funds except for the Strategic Income Fund, which has appointed Brown Brothers Harriman & Co. as custodian. The Funds pay custody fees on the basis of their respective net assets and transaction costs.

Other — Certain officers of the STI Complex are also officers of the Investment Adviser and/or the Administrator. Such officers receive no fees from the Trust for serving as officers of the Trust. Each of the trustees receives an annual retainer fee and an additional fee for each meeting attended plus reimbursement for certain expenses incurred. Trustees receive an additional fee for attendance at committee meetings. As of September 30, 2007, retainer and meeting fees are as follows:

	Chairman ($)		Trustee ($)
Annual Retainer		55,000		44,000
Regular Meeting Fee		10,000		8,000
Special Meeting Fee		5,000		4,000
Committee Meeting Fee		4,500		3,000

The Trust approved a deferred compensation plan for its trustees, effective January 1, 2007. Under that plan, a trustee may elect to defer all or a portion of his or her compensation. Amounts deferred are retained by the Trust, and the value of such deferred amounts is determined by reference to the change in value of Class I Shares of one or more series of the STI Classic Funds as specified by the trustee. Benefits under the deferred compensation plan are payable upon retirement. As of September 30, 2007, under the deferred compensation plan, the Trust had deferred liability of approximately $248,537.

The Investment Adviser provides services to the STI Complex to ensure compliance with applicable laws and regulations. The Investment Adviser has designated a dedicated compliance staff and an employee to serve as Chief Compliance Officer. The Investment Adviser receives an annual fee totaling $475,000 for these services. In addition, the Administrator provides an employee and staff to assist the Chief Compliance Officer for the STI Complex, including providing certain related services, and receives an annual fee of $156,750 for providing these services. The fees above are allocated based on average daily net assets of the STI Complex and are reflected on the Statements of Operations as “Compliance Service Fees.”

The Trust has entered into an agreement with SunTrust Robinson Humphrey, a division of SunTrust Capital Markets, Inc., which is a registered broker-dealer and a direct non-bank subsidiary of SunTrust Banks, Inc., to act as an agent in placing repurchase agreements for the Trust. For the period ended September 30, 2007, the following Funds paid SunTrust Robinson Humphrey, through a reduction in the yield earned by the Funds on those repurchase agreements, the following amounts (in thousands):

	Fees ($)
High Grade Municipal Bond Fund		—
High Income Fund		1
Investment Grade Tax-Exempt Bond Fund		—
Seix Floating Rate High Income Fund		11
Seix High Yield Fund		6
Prime Quality Money Market Fund		33
U.S. Government Securities Money Market Fund		120
U.S. Treasury Money Market Fund		190

Amounts designated as “—” round to less than $1,000.

174

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

5.  Investment Transactions

The cost of security purchases and the proceeds from sales and maturities of securities, excluding securities maturing less than one year from acquisition and U.S. government securities, for the period ended September 30, 2007, were as follows (in thousands):

			Sales and
	Purchases ($)		Maturities ($)
Georgia Tax-Exempt Bond Fund		50,733		37,754
High Grade Municipal Bond Fund		171,616		173,881
High Income Fund		174,023		178,298
Intermediate Bond Fund		218,461		71,003
Investment Grade Bond Fund		128,496		85,523
Investment Grade Tax-Exempt Bond Fund		495,171		419,120
Limited Duration Fund		44,952		22,679
Limited-Term Federal Mortgage Securities Fund		19,303		744
Maryland Municipal Bond Fund		6,668		7,032
North Carolina Tax-Exempt Bond Fund		20,863		20,714
Seix Floating Rate High Income Fund		609,287		420,295
Seix High Yield Fund		570,364		779,452
Short-Term Bond Fund		98,574		100,259
Strategic Income Fund		195,685		186,828
Total Return Bond Fund		234,822		75,986
Ultra-Short Bond Fund		9,651		17,363
U.S. Government Securities Fund		101,378		2,625
U.S. Government Securities Ultra-Short Bond Fund		—		371
Virginia Intermediate Municipal Bond Fund		58,288		65,784

The cost of security purchases and proceeds from sales and maturities of U.S. government securities, excluding securities maturing less than one year from acquisition, for the period ended September 30, 2007, were as follows (in thousands):

			Sales and
	Purchases ($)		Maturities ($)
Intermediate Bond Fund		1,046,681		771,738
Investment Grade Bond Fund		433,625		502,975
Limited Duration Fund		1,466		259
Limited-Term Federal Mortgage Securities Fund		151,539		469,893
Seix Floating Rate High Income Fund		—		2,915
Short-Term Bond Fund		215,426		241,371
Short-Term U.S. Treasury Securities Fund		26,597		32,224
Strategic Income Fund		132,576		153,759
Total Return Bond Fund		714,061		797,108
Ultra-Short Bond Fund		34,727		31,708
U.S. Government Securities Fund		416,426		460,005
U.S. Government Securities Ultra-Short Bond Fund		26,949		26,216

6.  Federal Tax Policies and Information

It is the policy of each Fund to continue to qualify as a regulated investment company by complying with the provisions available to certain investment companies as defined in applicable sections of the Internal Revenue Code, and to make distributions from net investment income and from net realized gains sufficient to relieve it

175

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

from all, or substantially all, federal income taxes. Withholding taxes on foreign dividends have been paid or provided for in accordance with each applicable country’s tax rules and rates.

The amounts of dividends from net investment income and of distributions from net realized gains are determined in accordance with federal income tax regulations, which may differ from GAAP. These “book/tax” differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature (i.e. foreign currency transactions and the difference between book and tax amortization methods for premium and market discounts), such amounts are reclassified within the composition of net assets based on their federal tax-basis treatment; temporary differences do not require reclassification.

As required, effective September 28, 2007, the Trust adopted FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (“FIN 48”). FIN 48 provides guidance for how uncertain tax positions should be recognized, measured, presented and disclosed in the financial statements. The adoption of FIN 48 did not impact the Funds’ net assets or results of operations.

At September 30, 2007, the total cost of securities and the net realized gains or losses on securities sold for federal income tax purposes were different from amounts reported for financial reporting purposes. These differences were generally due to losses on wash sales, which cannot be used for federal income tax purposes in the current year and have been deferred for use in future years. The federal tax cost and aggregate gross unrealized appreciation and depreciation for securities held by the Funds at September 30, 2007 are presented on each Fund’s Schedule of Portfolio Investments.

176

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

The tax character of distributions paid to shareholders during the year ended March 31, 2007 was as follows (in thousands):

	Distributions paid from
	Net		Net Long		Total						Total
	Investment		Term Capital		Taxable		Tax-Exempt		Return of		Distributions
Fund	Income ($)		Gains ($)		Distributions ($)		Distributions ($)		Capital ($)		Paid ($)*
Georgia Tax-Exempt Bond Fund		—		110		110		5,296		—		5,406
High Grade Municipal Bond Fund		50		261		311		5,750		—		6,061
High Income Fund		5,497		—		5,497		—		—		5,497
Intermediate Bond Fund		3,670		—		3,670		—		—		3,670
Investment Grade Bond Fund		21,516		—		21,516		—		—		21,516
Investment Grade Tax-Exempt Bond Fund		1,228		227		1,455		11,267		—		12,722
Limited Duration Fund		3,643		9		3,652		—		—		3,652
Limited-Term Federal Mortgage Securities Fund		18,460		—		18,460		—		—		18,460
Maryland Municipal Bond Fund		36		106		142		1,376		—		1,518
North Carolina Tax-Exempt Bond Fund		—		—		—		1,516		—		1,516
Seix Floating Rate High Income Fund		26,504		—		26,504		—		—		26,504
Seix High Yield Fund		85,396		—		85,396		—		—		85,396
Short-Term Bond Fund		14,992		—		14,992		—		—		14,992
Short-Term U.S. Treasury Securities Fund		2,675		—		2,675		—		—		2,675
Strategic Income Fund		6,746		—		6,746		—		2,761		9,507
Total Return Bond Fund		26,630		—		26,630		—		—		26,630
Ultra-Short Bond Fund		7,874		—		7,874		—		—		7,874
U.S. Government Securities Fund		20,925		—		20,925		—		—		20,925
U.S. Government Securities Ultra-Short Bond Fund		1,529		—		1,529		—		—		1,529
Virginia Intermediate Municipal Bond Fund		—				—		7,244		—		7,244
Prime Quality Money Market Fund		358,404		88		358,492		—		—		358,492
Tax-Exempt Money Market Fund		101		20		121		56,823		—		56,944
U.S. Government Securities Money Market Fund		32,696		—		32,696		—		—		32,696
U.S. Treasury Money Market Fund		63,779		—		63,779		—		—		63,779
Virginia Tax-Free Money Market Fund		4		—		4		16,287		—		16,291

*  Total distributions paid differ from the Statement of Changes in Net Assets because for tax purposes dividends are recognized when actually paid.

Amounts designated as “—” are either $0 or have been rounded to $0.

177

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

As of March 31, 2007, the components of accumulated earnings (deficit) on a tax basis were as follows (in thousands):

	Undistributed		Undistributed		Undistributed							Accumulated			Unrealized			Total Accumulated
	Tax Exempt		Ordinary		Long Term		Accumulated		Distributions			Capital and Other			Appreciation			Earnings
	Income ($)		Income ($)		Capital Gains ($)		Earnings ($)		Payable ($)			Losses ($)**			(Depreciation) ($)***			(Deficit) ($)
Georgia Tax-Exempt Bond Fund		302		—		—		302		(540	)		(111	)		3,254			2,905
High Grade Municipal Bond Fund		497		269		165		931		(503	)		—			1,790			2,218
High Income Fund		—		1,656		—		1,656		(506	)		—			1,786			2,936
Intermediate Bond Fund		—		964		—		964		(407	)		(3,785	)		52			(3,176	)
Investment Grade Bond Fund		—		1,485		—		1,485		(1,893	)		(14,840	)		635			(14,613	)
Investment Grade Tax-Exempt Bond Fund		1,039		859		508		2,406		(1,192	)		—			1,448			2,662
Limited Duration Fund		—		183		—		183		(184	)		(28	)		(5	)		(34	)
Limited-Term Federal Mortgage Securities Fund		—		1,826		—		1,826		(1,756	)		(18,607	)		(542	)		(19,079	)
Maryland Municipal Bond Fund		67		9		13		89		(111	)		—			855			833
North Carolina Tax-Exempt Bond Fund		74		—		—		74		(138	)		(133	)		541			344
Seix Floating Rate High Income Fund		—		5,261		—		5,261		(3,748	)		(15	)		1,843			3,341
Seix High Yield Fund		—		7,190		—		7,190		(7,172	)		(16,794	)		14,967			(1,809	)
Short-Term Bond Fund		—		1,706		—		1,706		(1,693	)		(11,178	)		(375	)		(11,540	)
Short-Term U.S. Treasury Securities Fund		—		248		—		248		(251	)		(2,419	)		4			(2,418	)
Strategic Income Fund		—		—		—		—		(845	)		(4,400	)		1,579			(3,666	)
Total Return Bond Fund		—		1,995		—		1,995		(2,672	)		(8,527	)		(1,103	)		(10,307	)
Ultra-Short Bond Fund		—		454		—		454		(434	)		(2,419	)		391			(2,008	)
U.S. Government Securities Fund		—		2,471		—		2,471		(2,305	)		(8,995	)		1,629			(7,200	)
U.S. Government Securities Ultra-Short Bond Fund		—		144		—		144		(129	)		(1,342	)		190			(1,137	)
Virginia Intermediate Municipal Bond Fund		671		—		—		671		(697	)		(96	)		4,641			4,519
Prime Quality Money Market Fund		—		36,614		—		36,614		(36,565	)		—			—			49
Tax-Exempt Money Market Fund		4,721		56		63		4,840		(4,692	)		—			—			148
U.S. Government Securities Money Market Fund		—		3,807		—		3,807		(3,791	)		(2	)		—			14
U.S. Treasury Money Market Fund		—		4,173		—		4,173		(4,091	)		(212	)		—			(130	)
Virginia Tax-Free Money Market Fund		1,543		—		—		1,543		(1,529	)		—			—			14

**  As of the latest tax year end of March 31, 2007, the following Funds had net capital loss carryovers to offset future net capital gains, if any, to the extent provided by the Treasury regulations (in thousands). To the extent that these carryovers are used to offset future gains, it is probable that the gains so offset will not be distributed to shareholders.

178

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

	Expires
	2009 ($)		2011 ($)		2012 ($)		2013 ($)		2014 ($)		2015 ($)
Georgia Tax-Exempt Bond Fund		—		—		—		—		—		102
Intermediate Bond Fund		—		—		718		—		1,179		—
Investment Grade Bond Fund		7,224		—		—		—		—		7,017
Limited Duration Fund		—		—		—		—		—		13
Limited-Term Federal Mortgage Securities Fund		—		—		5,162		3,272		5,209		4,012
North Carolina Tax-Exempt Bond Fund		—		—		—		—		130		—
Seix High Yield Fund		—		—		—		—		5,154		11,640
Short-Term Bond Fund		352		9,216		22		354		47		978
Short-Term U.S. Treasury Securities Fund		—		—		—		245		907		1,149
Strategic Income Fund		—		—		—		—		—		4,195
Total Return Bond Fund		—		161		573		1,285		—		4,712
Ultra-Short Bond Fund		—		—		588		548		573		665
U.S. Government Securities Fund		—		—		2,698		508		251		5,287
U.S. Government Securities Ultra-Short Bond Fund		—		—		519		393		272		150
Virginia Intermediate Municipal Bond Fund		—		—		—		—		33		63
U.S. Treasury Money Market Fund		—		—		—		165		42		5

During the year ended March 31, 2007, the Intermediate Bond Fund and North Carolina Tax-Exempt Bond Fund utilized $319 and $40, respectively, in thousands, in capital loss carryforwards.

Net capital losses incurred after October 31, and within the taxable year are deemed to arise on the first business day of the Funds’ next taxable year.

The Georgia Tax-Exempt Bond Fund, Intermediate Bond Fund, Investment Grade Bond Fund, Limited Duration Fund, Limited-Term Federal Mortgage Securities Fund, North Carolina Tax-Exempt Bond Fund, Seix Floating Rate High Income Fund, Short-Term Bond Fund, Short-Term U.S. Treasury Securities Fund, Strategic Income Fund, Total Return Bond Fund, Ultra-Short Bond Fund, U.S. Government Securities Fund, U.S. Government Securities Ultra-Short Bond Fund and U.S. Government Securities Money Market Fund have incurred and will elect to defer $9, $1,888, $599, $15, $952, $3, $15, $209, $118, $205, $1,796, $45, $251, $8 and $2, respectively, in thousands, in capital losses.

***  The differences between book-basis and tax-basis unrealized appreciation (depreciation) is attributable primarily to: tax deferral of losses on wash sales, the difference between book and tax amortization methods for premium and market discount.

Amounts designated as “—” are either $0 or have been rounded to $0.

7.  Risks

The prices of the Funds’ fixed income securities respond to economic developments, particularly interest rate changes, as well as to perceptions about the creditworthiness of individual issuers, including governments. Generally, the Funds’ fixed income securities will decrease in value if interest rates rise and vice versa, and the volatility of lower-rated securities is even greater than that of higher-rated securities. Also, longer-term securities are generally more volatile, so the average maturity or duration of these securities affects risk.

The High Income, Seix High Yield and Strategic Income Funds invest in high yield corporate, government, and other debt instruments of U.S. and non-U.S. issuers. High yield securities involve greater risk of default or downgrade and are more volatile than investment grade securities.

The High Income Fund, Seix Floating Rate High Income Fund, Seix High Yield Fund, and Strategic Income Fund invest in first and second lien senior floating rate loans. The risk associated with floating rate loans are similar to the risks of below investment grade securities. In addition, the value of the collateral securing the loan may decline, causing a loan to be substantially unsecured. Difficulty in selling a floating rate loan may result in a loss. Borrowers may pay back principal before the scheduled due date when interest rates decline, which may require the Fund to replace a particular loan with a lower-yielding security. There may be less extensive public information available with respect to loans than for rated, registered or exchange listed securities. The Fund may assume the credit risk of the primary lender in addition to the borrower, and investments in loan assignments may involve the risks of being a lender.

179

NOTES TO FINANCIAL STATEMENTS (concluded)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

The Intermediate Bond, Investment Grade Bond, Strategic Income and Total Return Bond Funds may invest in securities of foreign issuers in various countries. Investments in securities of foreign issuers carry certain risks not ordinarily associated with investments in securities of U.S. issuers. These risks include future political and economic developments, and the possible imposition of exchange controls or other foreign governmental laws and restrictions. In addition, with respect to certain countries, there is a possibility of expropriation of assets, confiscatory taxation, political or social instability or diplomatic developments, which could adversely affect investments in those countries. Emerging market countries are countries that the World Bank or the United Nations considers to be emerging or developing. Emerging markets may be more likely to experience political turmoil or rapid changes in market or economic conditions than more developed countries. In addition, the financial stability of issuers, including governments, in emerging market countries may be more precarious than in other countries. As a result, there will tend to be an increased risk of price volatility associated with the Fund’s investments in emerging market countries, which may be magnified by currency fluctuations relative to the U.S. dollar.

The Georgia Tax-Exempt Bond, Maryland Municipal Bond, North Carolina Tax-Exempt Bond, Virginia Intermediate Municipal Bond and Virginia Tax-Free Money Market Funds’ concentrations of investments in securities of issuers located in a specific region subjects each Fund to the economic and government policies of that region.

The Intermediate Bond, Investment Grade Bond, Limited Duration, Limited-Term Federal Mortgage Securities, Short-Term Bond, Total Return Bond, Ultra-Short Bond, U.S. Government Securities and U.S. Government Securities Ultra-Short Bond Funds invest in securities whose value is derived from an underlying pool of mortgages or consumer loans. Prepayment of these loans shortens the stated maturity of these respective obligations and may result in a loss of premium, if any has been paid. Estimates of such prepayments are used to calculate expected maturity dates and a Fund’s average duration.

The Money Market Funds invest primarily in money market instruments maturing in 397 days or less whose ratings are within one of the two highest ratings categories assigned by a nationally recognized statistical rating organization, or, if not rated, are believed to be of comparable quality. The ability of the issuers of the securities held by the Funds to meet their obligations may be affected by economic developments in a specific industry, state or region.

Certain securities are backed by letters of credit from various financial institutions and financial guaranty assurance agencies. These letters of credit enhance the credit quality of the individual securities; however, if any of the financial institutions or financial guaranty assurance agencies’ credit quality should deteriorate, it could cause the individual security’s credit quality to change. Additionally, if any of the Funds concentrate their letters of credit in any one financial institution, the risk of credit quality deterioration increases.

The Funds hold certain securities the issuer of which operates under a congressional charter. These securities (Federal Home Loan Mortgage Corporation, Federal Home Loan Bank and Federal National Mortgage Association) are neither issued nor guaranteed by the U.S. Government. If needed, access to additional funding from the U.S. Treasury (beyond the issuer’s line of credit), would require congressional action.

180

TRUSTEES AND OFFICERS OF THE STI CLASSIC FUNDS

STI CLASSIC FUNDS  September 30, 2007

(Unaudited)

Information pertaining to the trustees of the Trust is set forth below. Trustees who are not deemed to be “interested persons” of the Trust as defined in the 1940 Act are referred to as “Independent Trustees.” Trustees who are deemed to be “interested persons” of the Trust are referred to as “Interested Trustees.” Mr. Ridley is a trustee who may be deemed to be an “interested person” of the Trust.

Name, Business		Term of		Number of
Address, State of	Position	Office and	Principal	Portfolios in	Other
Residence and	Held With	Length of	Occupation(s)	Fund Complex	Directorships
Date of Birth	Trust	Time Served	During the Past 5 Years	Overseen	Held
INTERESTED TRUSTEES*:
Clarence H. Ridley 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 06/42	Trustee	Indefinite; since November 2001	Chairman, Haverty Furniture Companies	54	Crawford & Co.; Haverty Furniture Companies
INDEPENDENT TRUSTEES:
Jeffrey Biggar 3435 Stelzer Road Columbus, OH 43219 (Ohio) DOB 02/50	Trustee	Indefinite; since January 2007	Retired. Chief Executive Officer and Senior Managing Director, Sterling (National City Corp.) (2002-2006)	54	None
F. Wendell Gooch 3435 Stelzer Road Columbus, OH 43219 (Indiana) DOB 12/32	Trustee	Indefinite; since May 1992	Retired	54	SEI Family of Funds
Sidney E. Harris 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 07/49	Trustee	Indefinite; since November 2004	Professor (since 1997) and Dean (1997-2004), J. Mack Robinson College of Business, Georgia State University	54	ServiceMaster Company; Total System Services, Inc.
Warren Y. Jobe 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 11/40	Trustee	Indefinite; since November 2004	Retired. Executive Vice President, Georgia Power Company and Senior Vice President, Southern Company (1998-2001)	54	WellPoint, Inc.; UniSource Energy Corp.; HomeBanc Corp.
Connie D. McDaniel 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 04/58	Trustee	Indefinite; since May 2005	Vice President Global Finance Transformation (since 2007), Vice President and Controller (1999-2007), The Coca-Cola Company	54	None
Charles D. Winslow 3435 Stelzer Road Columbus, OH 43219 (Florida) DOB 07/35	Trustee	Indefinite; since November 2004	Retired. Formerly Partner, Accenture (consulting)	54	None

*  Mr. Ridley may be deemed an “interested person” of the Trust as that term is defined in the 1940 Act, because of a material business relationship with the parent of the Investment Adviser.

181

TRUSTEES AND OFFICERS OF THE STI CLASSIC FUNDS (concluded)

STI CLASSIC FUNDS  September 30, 2007

(Unaudited)

		Term of Office
Name, Address	Position(s) Held	and Length	Principal Occupation(s)
and Date of Birth	with Trust	of Time Served	During the Past 5 Years
OFFICERS
Julia Short 50 Hurt Plaza Suite 1400 Atlanta, GA 30303 DOB 11/72	President and Chief Executive Officer	One-year: since July 2007	Managing Director, Product Manager, Trusco Capital Management, Inc. (since 2004); Relationship Manager, SEI Investments (Financial Services) (1994-2004)
Deborah A. Lamb 50 Hurt Plaza Suite 1400 Atlanta, GA 30303 DOB 10/52	Executive Vice President; Assistant Secretary; Chief Compliance Officer	One-year; since September 2004; since November 2003; since August 2004 (respectively)	Chief Compliance Officer, Managing Director, Trusco Capital Management, Inc. (since 2003); President, Investment Industry Consultants, LLC (2000-2003);
Martin R. Dean 3435 Stelzer Road Columbus, OH 43219 DOB 11/63	Treasurer; Chief Financial Officer; Chief Accounting Officer	One-year; since March 2007	Vice President, Financial Administration, Citi Fund Services Ohio, Inc.
Cynthia J. Surprise 3435 Stelzer Road Columbus, OH 43219 DOB 07/46	Secretary and Chief Legal Officer	One-year; since February 2005	Senior Counsel, Legal Services, Citi Fund Services Ohio, Inc. (since 2004); Director and Counsel, Investors Bank & Trust Company (1999-2004)
Jennifer A. English 3435 Stelzer Road Columbus, OH 43219 DOB 03/72	Assistant Secretary	One-year; since November 2005	Counsel, Legal Services, Citi Fund Services Ohio, Inc. (since 2007); Assistant Counsel, Legal Services, Citi Fund Services Ohio, Inc. (2005-2007); Assistant Counsel, PFPC, Inc. (2002-2005)

The Trust’s Statement of Additional Information includes additional information about the Trust’s trustees and officers. To request your free copy of the Statement of Additional Information, call toll free 1-888-STI-FUND.

182

ADDITIONAL INFORMATION

STI CLASSIC FUNDS  September 30, 2007

(Unaudited)

Expense Examples

As a shareholder of the STI Classic Funds, you incur two types of costs: (1) transaction costs, including sales charges (loads) on purchases; and (2) ongoing costs, including management fees, 12b-1 distribution and/or service fees and other Fund expenses. These examples are intended to help you understand your ongoing costs (in dollars) of investing in the STI Classic Funds and to compare these costs with the ongoing costs of investing in other mutual funds.

These examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2007 through September 30, 2007.

Actual Expenses

The table below provides information about actual account values and actual expenses. You may use the information below, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the table under the heading entitled “Expenses Paid During Period” to estimate the expenses you paid on your account during this period.

		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		04/01/07 ($)		09/30/07 ($)		04/01/07-09/30/07 ($)		04/01/07-09/30/07 (%)
Georgia Tax-Exempt Bond Fund	I Shares		1,000.00		1,005.90		3.02		0.60
	A Shares		1,000.00		1,006.10		3.77		0.75
	C Shares		1,000.00		1,001.90		8.03		1.60
High Grade Muncipal Bond Fund	I Shares		1,000.00		1,010.80		3.13		0.62
	A Shares		1,000.00		1,010.10		3.93		0.78
	C Shares		1,000.00		1,005.80		8.20		1.63
High Income Fund	I Shares		1,000.00		1,001.30		3.51		0.70
	A Shares		1,000.00		998.40		4.96		0.99
	C Shares		1,000.00		996.30		8.51		1.70
Intermediate Bond Fund	I Shares		1,000.00		1,030.40		1.53		0.30
	A Shares		1,000.00		1,028.90		2.75		0.54
	C Shares		1,000.00		1,024.70		7.26		1.43
Investment Grade Bond Fund	I Shares		1,000.00		1,027.10		2.85		0.56
	A Shares		1,000.00		1,025.60		4.37		0.86
	C Shares		1,000.00		1,022.00		7.91		1.56
Investment Grade Tax-Exempt Bond Fund	I Shares		1,000.00		1,017.10		2.78		0.55
	A Shares		1,000.00		1,015.50		4.29		0.85
	C Shares		1,000.00		1,012.00		7.87		1.56
Limited Duration Fund	I Shares		1,000.00		1,026.60		0.86		0.17
Limited-Term Federal Mortgage Securities Fund	I Shares		1,000.00		1,020.00		2.89		0.57
	A Shares		1,000.00		1,020.00		3.95		0.78
	C Shares		1,000.00		1,015.90		7.98		1.58
Maryland Municipal Bond Fund	I Shares		1,000.00		1,008.90		3.17		0.63
	A Shares		1,000.00		1,009.10		4.08		0.81
	C Shares		1,000.00		1,003.80		8.19		1.63
North Carolina Tax-Exempt Bond Fund	I Shares		1,000.00		1,003.50		3.06		0.61
	A Shares		1,000.00		1,001.70		3.86		0.77
	C Shares		1,000.00		987.20		9.17		1.84
Seix Floating Rate High Income Fund	I Shares		1,000.00		1,003.20		2.71		0.54
	A Shares		1,000.00		1,001.50		4.21		0.84
	C Shares(a)		1,000.00		1,025.40		2.49		1.52
Seix High Yield Fund	I Shares		1,000.00		1,002.50		2.46		0.49
	A Shares		1,000.00		1,001.20		3.71		0.74
	C Shares		1,000.00		997.50		7.46		1.49

183

ADDITIONAL INFORMATION (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		04/01/07 ($)		09/30/07 ($)		04/01/07-09/30/07 ($)		04/01/07-09/30/07 (%)
Short-Term Bond Fund	I Shares		1,000.00		1,027.30		2.34		0.46
	A Shares		1,000.00		1,026.20		3.35		0.66
	C Shares		1,000.00		1,021.00		7.40		1.46
Short-Term U.S. Treasury Securities Fund	I Shares		1,000.00		1,031.10		2.55		0.50
	A Shares		1,000.00		1,030.20		3.46		0.68
	C Shares		1,000.00		1,026.10		7.62		1.50
Strategic Income Fund	I Shares		1,000.00		1,018.90		3.64		0.72
	A Shares		1,000.00		1,017.30		5.21		1.03
	C Shares		1,000.00		1,014.90		8.74		1.73
Total Return Bond Fund	I Shares		1,000.00		1,024.40		1.52		0.30
	A Shares		1,000.00		1,022.50		2.74		0.54
	C Shares		1,000.00		1,020.30		6.58		1.30
Ultra-Short Bond Fund	I Shares		1,000.00		1,024.80		1.52		0.30
U.S. Government Securities Fund	I Shares		1,000.00		1,023.00		2.79		0.55
	A Shares		1,000.00		1,021.40		4.31		0.85
	C Shares		1,000.00		1,017.90		7.84		1.55
U.S. Government Securities Ultra-Short Bond Fund	I Shares		1,000.00		1,026.20		1.42		0.28
Virginia Intermediate Municipal Bond Fund	I Shares		1,000.00		1,015.50		3.03		0.60
	A Shares		1,000.00		1,014.80		3.79		0.75
	C Shares		1,000.00		1,009.50		8.06		1.60
Prime Quality Money Market Fund	I Shares		1,000.00		1,024.50		2.64		0.52
	A Shares		1,000.00		1,023.70		3.40		0.67
	C Shares		1,000.00		1,023.20		3.91		0.77
Tax-Exempt Money Market Fund	I Shares		1,000.00		1,016.40		2.43		0.48
	A Shares		1,000.00		1,015.70		3.18		0.63
U.S. Government Securities Money Market Fund	I Shares		1,000.00		1,023.40		2.99		0.59
	A Shares		1,000.00		1,022.70		3.75		0.74
U.S. Treasury Money Market Fund	I Shares		1,000.00		1,022.30		2.99		0.59
	A Shares		1,000.00		1,021.50		3.75		0.74
Virginia Tax-Free Money Market Fund	I Shares		1,000.00		1,016.50		2.27		0.45
	A Shares		1,000.00		1,015.70		3.03		0.60

*    Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year divided by the number of days in the fiscal year.

**   Annualized.

(a)  Information show reflects values for the period from August 3, 2007 (commencement of operations) to September 30, 2007 and has been calculated using expense ratios and rates of return for the same period.

Hypothetical Example

The table below provides information about hypothetical account values and hypothetical expenses based on a Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs. Therefore, the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

184

ADDITIONAL INFORMATION (continued)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		04/01/07 ($)		09/30/07 ($)		04/01/07-09/30/07 ($)		04/01/07-09/30/07 (%)
Georgia Tax-Exempt Bond Fund	I Shares		1,000.00		1,025.04		3.04		0.60
	A Shares		1,000.00		1,021.31		3.80		0.75
	C Shares		1,000.00		1,017.05		8.09		1.60
High Grade Muncipal Bond Fund	I Shares		1,000.00		1,021.96		3.14		0.62
	A Shares		1,000.00		1,021.16		3.95		0.78
	C Shares		1,000.00		1,016.90		8.24		1.63
High Income Fund	I Shares		1,000.00		1,021.56		3.55		0.70
	A Shares		1,000.00		1,020.10		5.01		0.99
	C Shares		1,000.00		1,016.55		8.59		1.70
Intermediate Bond Fund	I Shares		1,000.00		1,023.61		1.52		0.30
	A Shares		1,000.00		1,022.36		2.74		0.54
	C Shares		1,000.00		1,017.90		7.23		1.43
Investment Grade Bond Fund	I Shares		1,000.00		1,022.26		2.84		0.56
	A Shares		1,000.00		1,020.76		4.36		0.86
	C Shares		1,000.00		1,017.25		7.89		1.56
Investment Grade Tax-Exempt Bond Fund	I Shares		1,000.00		1,022.31		2.79		0.55
	A Shares		1,000.00		1,020.81		4.31		0.85
	C Shares		1,000.00		1,017.25		7.89		1.56
Limited Duration Fund	I Shares		1,000.00		1,024.22		0.86		0.17
Limited-Term Federal Mortgage Securities Fund	I Shares		1,000.00		1,022.21		2.89		0.57
	A Shares		1,000.00		1,021.16		3.95		0.78
	C Shares		1,000.00		1,017.15		7.99		1.58
Maryland Municipal Bond Fund	I Shares		1,000.00		1,021.91		3.19		0.63
	A Shares		1,000.00		1,021.01		4.10		0.81
	C Shares		1,000.00		1,016.90		8.24		1.63
North Carolina Tax-Exempt Bond Fund	I Shares		1,000.00		1,022.01		3.09		0.61
	A Shares		1,000.00		1,021.21		3.90		0.77
	C Shares		1,000.00		1,015.84		9.30		1.84
Seix Floating Rate High Income Fund	I Shares		1,000.00		1,022.36		2.74		0.54
	A Shares		1,000.00		1,020.86		4.26		0.84
	C Shares(a)		1,000.00		1,017.45		7.69		1.52
Seix High Yield Fund	I Shares		1,000.00		1,022.61		2.48		0.49
	A Shares		1,000.00		1,021.36		3.75		0.74
	C Shares		1,000.00		1,017.60		7.54		1.49
Short-Term Bond Fund	I Shares		1,000.00		1,022.76		2.33		0.46
	A Shares		1,000.00		1,021.76		3.35		0.66
	C Shares		1,000.00		1,017.75		7.38		1.46
Short-Term U.S. Treasury Securities Fund	I Shares		1,000.00		1,022.56		2.54		0.50
	A Shares		1,000.00		1,021.66		3.45		0.68
	C Shares		1,000.00		1,017.55		7.59		1.50
Strategic Income Fund	I Shares		1,000.00		1,021.46		3.65		0.72
	A Shares		1,000.00		1,019.90		5.22		1.03
	C Shares		1,000.00		1,016.39		8.74		1.73
Total Return Bond Fund	I Shares		1,000.00		1,023.56		1.52		0.30
	A Shares		1,000.00		1,022.36		2.74		0.54
	C Shares		1,000.00		1,018.55		6.58		1.30
Ultra-Short Bond Fund	I Shares		1,000.00		1,023.56		1.52		0.30
U.S. Government Securities Fund	I Shares		1,000.00		1,022.31		2.79		0.55
	A Shares		1,000.00		1,020.81		4.31		0.85
	C Shares		1,000.00		1,017.30		7.84		1.55
U.S. Government Securities Ultra-Short Bond Fund	I Shares		1,000.00		1,023.66		1.42		0.28

185

ADDITIONAL INFORMATION (concluded)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		04/01/07 ($)		09/30/07 ($)		04/01/07-09/30/07 ($)		04/01/07-09/30/07 (%)
Virginia Intermediate Municipal Bond Fund	I Shares		1,000.00		1,022.06		3.04		0.60
	A Shares		1,000.00		1,021.31		3.80		0.75
	C Shares		1,000.00		1,017.05		8.09		1.60
Prime Quality Money Market Fund	I Shares		1,000.00		1,022.46		2.64		0.52
	A Shares		1,000.00		1,021.71		3.40		0.67
	C Shares		1,000.00		1,021.21		3.90		0.77
Tax-Exempt Money Market Fund	I Shares		1,000.00		1,022.66		2.43		0.48
	A Shares		1,000.00		1,021.91		3.19		0.63
U.S. Government Securities Money Market Fund	I Shares		1,000.00		1,022.11		2.99		0.59
	A Shares		1,000.00		1,021.36		3.75		0.74
U.S. Treasury Money Market Fund	I Shares		1,000.00		1,022.11		2.99		0.59
	A Shares		1,000.00		1,021.36		3.75		0.74
Virginia Tax-Free Money Market Fund	I Shares		1,000.00		1,022.81		2.28		0.45
	A Shares		1,000.00		1,022.06		3.04		0.60

*    Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year divided by the number of days in the fiscal year.

**   Annualized.

(a)  Information shown reflects values using expense ratios for the period from August 3, 2007 (commencement of operations) to September 30, 2007 and has been adjusted to reflect values for the period April 1, 2007 to September 30, 2007.

Proxy Voting

Information regarding the policies and procedures that the Funds use to determine how to vote proxies relating to portfolio securities is available without charge, upon request, by calling 1-888-STI-FUND. The information also is included in the Funds’ Statement of Additional Information, which is available on the Funds’ website at www.sticlassicfunds.com and on the Securities and Exchange Commission’s website at www.sec.gov.

Information relating to how each Fund voted proxies relating to portfolio securities held during the most recent twelve months ended June 30 is available on the Funds’ website at www.sticlassicfunds.com and on the Securities and Exchange Commission’s website at www.sec.gov.

Portfolio Holdings Information

The Funds file a complete list of their portfolio holdings with the Securities and Exchange Commission for the first and third quarters of each fiscal year on Form N-Q. Forms N-Q are available free of charge on the Securities and Exchange Commission’s website at www.sec.gov. You may also review or, for a fee, copy those documents by visiting the Securities and Exchange Commission’s Public Reference Room in Washington, D.C. Information on the operation of the Public Reference Room may be obtained by calling the Securities and Exchange Commission at 1-202-551-8090.

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188

investment adviser: Trusco Capital Management, Inc.

This information must be preceded or accompanied by a current prospectus for each Fund described. 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 STI Classic Funds can be found in the Fund’s prospectus. For additional information, please call 1-888-STI-FUND, or visit www.sticlassicfunds.com. Please read the prospectus

carefully before investing.

distributor: foreside distribution services, L.P.

Not FDIC Insured ‘ No Bank Guarantee ‘ May Lose Value

STI Classic Funds

STI-SAR-FI 0907 11/07

TABLE OF CONTENTS
STI CLASSIC FUNDS September 30, 2007

Letter to Shareholders	1
Industry Allocation	3
Schedules of Portfolio Investments	4
Statements of Assets and Liabilities	13
Statements of Operations	14
Statements of Changes in Net Assets	15
Financial Highlights	16
Notes to Financial Statements	18
Trustees and Officers of the STI Classic Funds	24
Additional Information	26

LETTER TO SHAREHOLDERS
September 30, 2007

Dear Valued Client:

Most major stock indexes moved modestly higher point-to-point in the third quarter, but it was far from a boring summer. Slowing economic momentum and significant credit market turbulence increased market volatility and prompted the Federal Reserve (the “Fed”) to cut the overnight federal funds rate by 50 basis points (0.50%) to 4.75%. Fixed-income markets rallied in response to the Fed ease as well as moderating core inflation and bond yields fell. The S&P 500 gained 2.02% and the Lehman Brothers U.S. Aggregate Index added 2.84% for the quarter while increasing 9.11% and 3.85%, respectively through nine months.

Economic momentum slowed in the third quarter following a moderate spring rebound. Intensified weakness in housing was perhaps the most visible barometer of the slowing, but an unexpected decline in the initial August employment report raised concerns that a recession might be either near or underway. However, consumer spending remained firm overall despite the rising headwinds, and combined with continued strength in export trade and capital spending, helped sustained growth. Core inflation remained in the Fed’s 1-2% comfort zone, despite record oil prices and further dollar declines.

Perhaps the most significant stress to the markets in the third quarter occurred when the well publicized troubles in the subprime mortgage markets spilled over into the short-term asset-backed commercial paper market. The contagion spread globally. Buyers, fearful of potential collateral impairment, backed away . Credit spreads rose in the broader bond market, but from very narrow levels. The Fed, seeing the markets become increasingly dysfunctional, stepped in first to cut the discount rate and then to lower the fed funds, as we mentioned.

The impact of the economic and financial events discussed above did not prevent a net equity advance during the quarter, but the markets did move decisively in the direction of quality and sustainability. Within the S&P 500, Consumer Discretionary and Financial stocks bore the brunt of the selling pressure, while Energy, Technology, and Industrials led the market higher. This trend favored the Growth style in the third quarter, while sluggish domestic growth and the weaker dollar helped Large-Caps and International outperform.

In the bond markets, the combination of Fed ease, ebbing economic momentum, and comfortable core inflation helped push the yield on the 10-year Treasury down below 4.6% from over 5% at midyear and all major sectors improved. But as in the stock market, bond investors showed a strong preference for higher quality. Treasury bonds outperformed while the High Yield sector lagged significantly. Credit spreads widened from relatively low levels and the yield curve steepened.

The turmoil and stress in the credit markets generally affected asset classes with significant leverage, and that included Hedge funds, where major styles lagged the broad equity and bond indexes. However, Commodities rose sharply during the quarter as continued demand for lower cost imports fueled global demand for commodities.

Looking ahead to the remainder of 2007 and into 2008, we see four key factors that we believe will drive market performance. The first is slower but positive growth. Despite firm economic growth in the third quarter, momentum continued to slow and economic “headwinds” such as higher energy prices and credit concerns increased. Even with these headwinds, we believe positive growth could help corporate profits maintain positive momentum. A second expectation is that core inflation may remain within the Fed’s unofficial 1-2% target range. Clearly upward pressure on

1

energy prices is a concern but we see it more as a headwind to growth than a tailwind to inflation. A third factor in our outlook is the expectation that Federal Reserve policy has shifted in favor of accommodation and could remain in that mode for the next several quarters. Recent stability in the credit markets may allow the Fed to move more gradually in the coming months, but we expect a minimum of one or two more eases by early next year. Finally we believe equity valuations are reasonable and that the markets have been rational during the recent market turbulence.

As we mentioned in our previous letter, exciting changes have been taking place at Trusco Capital. We have seen these changes have an immediate and positive impact on the relative performance of several of our strategies. We hope to report more good news on that front in future letters.

We close this letter, as always, with thanks to you, our valued client. All of us at Trusco appreciate your support and confidence over the years, and we will strive to earn that trust again this year and the years to follow.

Sincerely,

David H. Eidson
President and CEO
Trusco Capital Management, Inc.

2

INDUSTRY ALLOCATION (As a percentage of Total Investments)
STI CLASSIC FUNDS September 30, 2007
(Unaudited)

Classic Institutional Cash Management Money Market Fund
Commercial Paper	37.4	%
Corporate Bonds	31.3	%
Time Deposits	18.5	%
U.S. Government Agencies	5.5	%
Certificates of Deposit	4.0	%
Master Note	2.6	%
Municipal Bonds	0.7	%
Classic Institutional Municipal Cash Reserve Money Market Fund
Municipal Bonds	93.0	%
Money Markets	7.0	%
Classic Institutional U.S. Government Securities Money Market Fund
Repurchase Agreements	79.6	%
U.S. Government Agencies	20.4	%
Classic Institutional U.S. Treasury Securities Money Market Fund
Repurchase Agreements	100.0	%

Portfolio composition is subject to change.

3

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Classic Institutional Cash Management Money Market Fund

	Principal
	Amount($)		Value($)
Certificates of Deposit (4.0%)
Banks (4.0%)
Canadian Imperial Bank NY, 4.222%, 02/27/08(a)		50,000		50,000
Canadian Imperial Bank NY, 4.910%, 06/09/08(a)		40,000		40,000
Citibank N.A., 5.550%, 12/03/07		75,000		75,002
Total Certificates of Deposit
(Cost $165,002)				165,002
Commercial Paper (37.4%)
Banks (4.2%)
ABN AMRO Finance, Inc., 5.310%, 11/19/07(b)		30,000		29,789
Allied Irish Banks N.A., Inc., 5.340%, 11/08/07(b)		25,000		24,868
Australia & New Zealand National Ltd., 5.341%, 04/14/08(b)(c)		30,000		29,162
Australia & New Zealand National Ltd., 5.433%, 06/12/08(b)(c)		35,000		33,723
Bank of America Corp., 5.500%, 12/14/07		30,000		29,666
Skandinaviska Enskilda Banken AB, 5.500%, 11/06/07(b)(c)		25,000		24,874
				172,082
Diversified Financial Services (33.2%)
Anglesea Funding LLC, 5.331%, 11/26/07(b)(c)		34,136		33,862
Atlas Capital Funding Corp., 5.799%, 03/03/08(a)(c)		30,000		30,000
Axon Financial Funding LLC, 5.321%, 10/19/07(b)(c)		30,000		29,922
Barton Capital, 5.255%, 10/02/07(c)		40,000		39,994
BMW US Capital LLC, 4.754%, 10/05/07(b)(c)		45,000		44,976
BP Capital, 4.779%, 11/21/07(c)		40,000		39,731
Catapult-PmX Funding LLC, 5.496%, 11/30/07(a)(c)		50,000		49,998
Chesham Finance LLC, 5.309%, 10/18/07(b)(c)		45,000		44,890
Danske Corp., 5.291%, 10/22/07(b)		50,000		49,850
Danske Corp., 5.242%, 12/03/07(b)		40,000		39,656
Diversified Financial Services—continued
DEPFA Bank PLC, 5.321%, 12/17/07(b)(c)		35,000		34,626
Ebury Finance LLC, 5.315%, 10/12/07(b)(c)		35,000		34,945
Ebury Finance LLC, 4.800%, 10/19/07(a)(c)		50,000		49,999
Falcon Asset Securitization Corp.,
5.352%, 10/01/07(b)(c)		36,408		36,408
Fountain Square Commercial Funding Corp., 5.205%, 10/02/07(b)(c)		40,000		39,994
Glaxosmith Finance, 5.222%, 10/12/07(b)(c)		45,000		44,929
Greenwich Capital Holdings, 5.340%, 12/24/07(b)		35,000		34,577
HBOS Treasury Services PLC, 5.329%, 12/27/07(b)		35,000		34,561
Intesa Funding LLC, 5.329%, 10/01/07(b)		40,000		40,000
Jupiter Securities Corp., 5.352%, 10/01/07(b)(c)		45,000		45,000
Kitty Hawk Funding Corp., 5.255%, 10/02/07(b)(c)		35,000		34,995
Merrill Lynch & Co., Inc., 5.216%, 01/14/08(b)		35,000		34,488
Merrill Lynch & Co., Inc., 5.370%, 02/28/08(b)		41,700		40,802
Morgan Stanley, 5.320%, 02/15/08(a)		40,000		40,000
Natexis Banques Populaire US Finance Co. LLC, 5.303%, 02/04/08(b)		30,000		29,465
PACCAR Financial Corp., 5.321%, 11/30/07(b)		29,600		29,341
Sigma Finance, Inc., 5.263%, 10/03/07(b)(c)		25,000		24,993
Societe Generale N.A., 5.102%, 10/01/07(b)		40,000		40,000
Societe Generale N.A., 5.305%, 12/26/07(b)		35,000		34,570
Total Capital S.A., 5.220%, 10/10/07(b)(c)		30,000		29,961
UBS Finance Delaware LLC, 5.243%, 01/14/08(b)		35,000		34,485
UBS Finance Delaware LLC, 5.341%, 04/07/08(b)		50,000		48,652
Wal-Mart Funding Corp., 5.303%, 11/19/07(b)(c)		50,000		49,642

See Notes to Financial Statements.

4

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)
(Unaudited)

Classic Institutional Cash Management Money Market Fund — continued

	Principal
	Amount($)		Value($)
Diversified Financial Services—continued
Westpac Securities NZ Ltd., 5.329%, 10/26/07(b)		35,000		34,875
Yorktown Capital LLC, 5.162%, 10/01/07(b)(c)		45,000		45,000
				1,349,187
Total Commercial Paper (Cost $1,521,269)				1,521,269
Corporate Bonds (31.3%)
Consumer Discretionary (2.0%)
Procter & Gamble Co., 5.285%, 12/07/07(b)(c)		47,475		47,015
United Parcel Service, Inc., 5.094%, 07/30/08(b)(c)		35,000		33,571
				80,586
Diversified Financial Services (25.5%)
Axon Financial Funding LLC, 5.121%, 01/25/08(a)(c)		50,000		50,000
Beta Finance, Inc., 5.300%, 10/23/07(c)		30,000		30,000
Beta Finance, Inc., 4.262%, 02/11/08(a)(c)		25,000		25,000
CC USA, Inc., 4.860%, 10/23/07(a)(c)		30,000		30,000
CC USA, Inc., 4.860%, 02/15/08(a)(c)		16,000		16,002
CC USA, Inc., 5.084%, 05/27/08(a)(c)		35,000		34,998
Cheyne Finance LLC, 4.815%, 11/26/07 LOC: SunTrust Banks, Inc.(a)(f)		35,000		34,999
Cullinan Finance Corp., 4.820%, 10/25/07(a)(c)		50,000		50,000
Cullinan Finance Corp., 4.815%, 01/23/08(a)(c)		35,000		34,999
Cullinan Finance Corp., 4.815%, 03/12/08(a)(c)		50,000		49,998
Dorada Finance, Inc., 4.282%, 01/30/08(a)(c)		40,000		40,000
Five Finance, Inc., 4.810%, 10/30/07(a)(c)		25,000		25,000
General Electric Capital Corp., 4.855%, 03/26/08(b)		40,000		39,068
Hudson-Thames LLC, 5.445%, 06/23/08(c)		35,000		35,000
K2 (USA) LLC, 4.820%, 11/21/07(a)(c)		50,000		49,999
K2 (USA) LLC, 4.287%, 01/30/08(a)(c)		40,000		40,000
Liberty Light US Capital, 4.820%, 02/04/08(a)(c)		75,000		74,997
Liberty Light US Capital, 4.820%, 05/02/08(a)(c)		40,000		40,000
Orion Finance USA LLC, 5.669%, 06/16/08(a)(c)		50,000		50,000
Siemens Capital Co. LLC, 5.074%, 12/20/07(b)(c)		35,000		34,610
Sigma Finance, Inc., 4.815%, 01/15/08(a)(c)		35,000		35,000
Sigma Finance, Inc., 4.815%, 01/15/08(a)(c)		50,000		49,999
Stanfield Victoria LLC, 5.320%, 01/25/08(a)(c)		35,000		35,000
Stanfield Victoria LLC, 4.810%, 05/19/08(a)(c)		35,000		34,998
Toyota Motor Credit Corp., 4.222%, 02/27/08(a)		50,000		50,000
Whistlejacket Capital LLC, 4.810%, 04/24/08(a)(c)		50,000		49,997
				1,039,664
Industrials (1.8%)
General Electric Co., 5.248%, 12/12/07(b)		35,000		34,637
Illinois Tool Works Inc., 5.011%, 10/04/07(b)		37,230		37,214
				71,851
Information Technology (2.0%)
IBM International Group., 5.362%, 10/31/07(b)		5,500		5,476
IBM International Group., 5.251%, 12/14/07(b)		40,000		39,576
Pitney Bowes Inc., 5.035%, 10/09/07(b)(c)		35,850		35,810
				80,862
Total Corporate Bonds (Cost $1,272,963)				1,272,963
U.S. Government Agencies (5.5%)
Fannie Mae (1.8)%
5.183%, 07/10/08		25,000		24,031
5.006%, 07/25/08		25,000		24,012
4.821%, 08/29/08		25,000		23,936
				71,979

See Notes to Financial Statements.

5

SCHEDULES OF PORTFOLIO INVESTMENTS
STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Classic Institutional Cash Management Money Market Fund — concluded

	Principal
	Amount($)		Value($)
U.S. Government Agencies—continued
Federal Home Loan Bank (1.9)%
5.052%, 02/20/08		25,000		24,514
4.982%, 03/05/08		25,000		24,474
5.054%, 04/29/08		5,000		4,857
5.202%, 06/19/08		28,118		27,105
				80,950
Freddie Mac (1.8)%
5.231%, 06/13/08		25,000		24,113
5.201%, 07/21/08		25,000		23,991
4.974%, 08/18/08		25,000		23,940
				72,044
Total U.S. Government Agencies (Cost $224,973)				224,973
Master Note (2.6%)
Banks (2.6%)
Bank of America Corp., 5.310%, 12/14/07(a)(e)		104,999		104,999
Total Master Notes (Cost $104,999)				104,999
Municipal Bonds (0.7%)
Colorado (0.1%)
Colorado Housing & Finance Authority, RB, 5.250%, 11/01/35, LOC: Lloyds TSB Bank PLC(a)		4,480		4,480
Virginia (0.6%)
Newport News Economic Development Authority, Ship Building Project, Ser A, RB, 5.200%, 07/01/31, LOC: Wachovia Bank N.A.(a)		4,040		4,040
Newport News Economic Development Authority, Ship Building Project, Ser A, RB, 5.250%, 07/01/31, LOC: Wachovia Bank N.A.(a)		19,954		19,955
				23,995
Total Municipal Bonds (Cost $28,475)				28,475
Short-Term Investment (0.0%)
Brown Brothers Cayman Cash Sweep		517		517
Total Short-Term Investments (Cost $517)				517
Time Deposits (18.5%)
Barclays Bank, 5.095%(a)		194,839		194,839
BNP Paribas, 5.063%(a)		189,015		189,015
Calyon, 5.250%(a)		171,683		171,684
Deutsche Bank AG, 1.000%(a)		197,645		197,645
Total Time Deposits (Cost $753,183)				753,183
Total Investments (Cost $4,071,381)(d) — 100.0%				4,071,381
Other assets in excess of liabilities — 0.0%				1,317
Net Assets — 100.0%			$	4,072,698

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Rate represents the effective yield at purchase.
(c)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 47.7% of net assets as of September 30, 2007.
(d)	Aggregate cost for federal income tax and financial reporting purposes is the same.
(e)	Perpetual maturity.
(f)	The Fund’s adviser has deemed this security to be illiquid based upon procedures approved by the Board of Trustees. The illiquid securities held by the Fund as of September 30, 2007 are identified below (in thousands). See Note 2 in Notes to Financial Statements.

							Amortized
	Acquisition		Cost		Par		Cost		Percent of
Security Description	Date		($)		($)		($)		Net Assets (%)
Cheyne Finance LLC		11/16/06		34,993		35,000		34,999		0.86

LLC	— Limited Liability Company
LOC	— Letter of Credit
PLC	— Public Limited Company
RB	— Revenue Bond
Ser	— Series

See Notes to Financial Statements.

6

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Classic Institutional Municipal Cash Reserve Money Market Fund

	Shares or
	Principal
	Amount($)		Value($)
Municipal Bonds (92.7%)
Alabama (4.4%)
Daphne-Villa Mercy Special Care Facilities Financing Authority, RB, 3.780%, 12/01/27, LOC: Amsouth Bank(a)		2,500		2,500
Alaska (4.4%)
Valdez Alaska Marine Terminal, RB, 4.110%, 12/01/29(a)		2,500		2,500
Arkansas (3.6%)
Pulaski County Public Facilities Board, Multifamily Housing, Ser PT-3772, RB, AMT, 4.040%, 02/01/43, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		2,040		2,040
California (8.0%)
Los Angeles Regional Airports Improvement Corp., Sublease L.A. International, RB, 4.150%, 12/01/25, LOC: Societe Generale(a)		2,500		2,500
Southern California Home Financing Authority, Ser A, RB, AMT, 4.170%, 08/01/35(a)		2,000		2,000
				4,500
Colorado (1.8%)
Denver City & County Airport, Ser E, AMT, 5.000%, 11/15/07, XLCA		1,000		1,002
Florida (4.4%)
Orange County Housing Finance Authority, RB, AMT, 3.890%, 05/15/38, LOC: Bank of America(a)		2,500		2,500
Illinois (16.6%)
Centerpoint Intermodal Center, Ser F3, 3.950%, 06/15/23, LOC: Lehman Brothers(a)(b)		1,000		1,000
Chicago O’Hare International Airport, Ser 1438, RB, AMT, 4.140%, 07/01/26, LOC: Morgan Stanley(a)(b)		2,000		2,000
Illinois—continued
Illinois Finance Authority, Ser B, RB, 4.180%, 05/15/35, LOC: JP Morgan
Chase Bank(a)		2,500		2,500
Illinois Health Facilities Authority, RB, 3.820%, 08/15/33, LOC: LaSalle Bank(a)		2,500		2,500
Savanna Industrial Development, Metform Corp., Project, Ser B, RB, AMT, 4.230%, 06/01/09, LOC: JP Morgan Chase Bank(a)		1,400		1,400
				9,400
Indiana (4.1%)
Delaware County Hospital Authority, RB, 3.930%, 08/01/18, AMBAC(a)		2,300		2,300
Kentucky (3.5%)
Louisville Regional Airport Authority Special Facilities, Ser A, RB, AMT, 4.180%, 11/01/36(a)		2,000		2,000
Michigan (4.4%)
Michigan State Housing Development Authority, Ser A, RB, AMT, 4.190%, 04/01/42, FSA(a)		2,500		2,500
Nebraska (3.5%)
Nebraska Investment Finance Authority, Single Family Housing, Ser G, RB, AMT, 3.930%, 09/01/36, GNMA/FNMA/FHLMC(a)		1,995		1,995
New York (11.7%)
New York City Transitional Finance Authority, Ser 3, Subser 3C, RB, 3.700%, 11/01/22, LOC: Dexia Credit Local(a)		2,500		2,500
New York N Y, Subser E2, GO, 4.040%, 08/01/20, LOC: JP Morgan Chase Bank(a)		2,500		2,500

See Notes to Financial Statements.

7

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Classic Institutional Municipal Cash Reserve Money Market Fund — concluded

	Shares or
	Principal
	Amount($)		Value($)
New York—continued
Southeast Industrial Development Agency, Unilock New York, Inc. Project, RB, AMT, 4.230%, 12/01/12, LOC: JP Morgan Chase Bank(a)(b)		1,600		1,600
				6,600
Pennsylvania (8.9%)
Allegheny County, Pittsburgh International Airport, Ser A-1, RB, AMT, 5.750%, 01/01/08, MBIA		1,000		1,005
Indiana County Industrial Development Authority, RB, AMT, 4.210%, 06/01/27, LOC: BNP Paribas(a)		2,000		2,000
Philadelphia Redevelopment Authority, Residential Mortgage Loan, Ser PA-1444, RB, AMT, 3.940%, 12/01/28, Callable 06/01/16 @ 100, LOC: Merrill Lynch Capital Services, Inc.(a)(b)		2,000		2,000
				5,005
Texas (2.1%)
Lower Neches Valley Authority Industrial Development Corp., RB, AMT, 4.160%, 04/01/29(a)		1,200		1,200
Other (11.3%)
Deutsche Bank Spears/Lifers Trust Various States, RB, 4.020%, 03/01/37, LOC: Deutsche Bank AG(a)		3,000		3,000
Lehman Brothers Pooled Municipal Trust Receipts, Ser L13, RB, AMT, 4.110%, 06/01/36, GNMA/FNMA(a)(b)		1,900		1,900
Other—continued
Putable Floating Rate Option, Tax-Exempt Receipts, SunAmerica Trust 2001-2, Cl A, RB, AMT, 3.990%, 12/01/31, FHLMC(a)(b)		1,500		1,500
				6,400
Total Municipal Bonds (Cost $52,442)				52,442
Money Market Funds (7.0%)
Fidelity Tax Free Fund		3,965,356		3,965
Total Money Market Funds (Cost $3,965)				3,965
Total Investments (Cost $56,407)(c) — 99.7%				56,407
Other assets in excess of liabilities — 0.3%				163
Net Assets — 100.0%			$	56,570

(a)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007.
(b)	Rule 144A, Section 4(2) or other security which is restricted as to resale to institutional investors. The Fund’s adviser has deemed this security to be liquid based upon procedures approved by the Board of Trustees. These securities represent 21.3% of net assets as of September 30, 2007.
(c)	Aggregate cost for federal income tax and financial reporting purposes is the same.

AMBAC	— Security insured by American Municipal Bond Assurance Corporation
AMT	— Alternative Minimum Tax Paper
FHLMC	— Security insured by Freddie Mac
FNMA	— Security insured by Fannie Mae
FSA	— Security insured by Financial Security Assurance
GNMA	— Government National Mortgage Association
GO	— General Obligation
LOC	— Letter of Credit
MBIA	— Security insured by Municipal Bond Insurance Association
RB	— Revenue Bond
Ser	— Series
XLCA	— Security insured by XL Capital Assurance, Inc.

See Notes to Financial Statements.

8

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Classic Institutional U.S. Government Securities Money Market Fund

	Principal
	Amount($)		Value($)
U.S. Government Agencies (20.4%)
Fannie Mae (7.5)%
5.233%, 10/01/07(a)		66,894		66,894
5.229%, 11/01/07(a)		8,131		8,095
5.300%, 01/08/08, Callable 12/14/07 @ 100		14,500		14,500
				89,489
Federal Home Loan Bank (11.0)%
5.400%, 10/26/07		12,400		12,400
5.250%, 02/04/08, Callable 11/04/07 @ 100		2,500		2,499
4.132%, 02/07/08(b)		5,000		5,000
4.132%, 02/07/08(b)		37,500		37,500
5.375%, 02/28/08, Callable 11/02/07 @ 100		8,200		8,200
5.428%, 03/20/08(b)		10,000		9,998
5.375%, 04/18/08, Callable 10/18/07 @ 100		13,000		13,000
5.300%, 05/29/08, Callable 11/29/07 @ 100		14,700		14,699
5.350%, 07/30/08, Callable 10/30/07 @ 100		11,900		11,900
5.400%, 08/15/08, Callable 11/15/07 @ 100		7,300		7,300
5.544%, 09/17/08(b)		8,550		8,546
				131,042
Freddie Mac (1.9)%
4.625%, 10/05/07		9,300		9,300
5.383%, 11/26/07(a)		3,000		2,976
5.375%, 03/14/08, Callable 11/15/07 @ 100		2,000		2,000
4.979%, 03/26/08(b)		7,500		7,499
				21,775
Total U.S. Government Agencies (Cost $242,306)				242,306
Repurchase Agreements (79.6%)
ABN AMRO Bank N.V., 4.865%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $93,704 (collateralized by FNMA; 5.910%, due 03/01/36; total market value $95,540)		93,666		93,666
Repurchase Agreements—continued
BNP Paribas, 4.865%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $141,959 (collateralized by FHLB; DN, due 03/04/09; total market value $144,742)		141,901		141,901
HSBC Securities, Inc., 4.915%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $213,538 (collateralized by U.S. Government Agencies; 5.500%-6.500%, due 09/01/37-10/01/36; total market value $217,721)		213,451		213,451
Lehman Brothers, Inc., 5.015%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $109,284 (collateralized by U.S. Government Agencies; 6.000%, due 04/01/37-07/01/37; total market value $111,414)		109,239		109,239
Merrill Lynch & Co., Inc., 4.965%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $75,116 (collateralized by U.S. Government Agencies; 3.750%-6.000%, due 04/15/16-06/15/32; total market value $76,587)		75,084		75,084
Morgan Stanley, 5.015%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $96,864 (collateralized by U.S. Government Agencies; 5.052%-6.673%, due 11/01/23-08/01/37; total market value $98,761)		96,824		96,824

See Notes to Financial Statements.

9

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Classic Institutional U.S. Government Securities Money Market Fund — concluded

	Principal
	Amount($)		Value($)
Repurchase Agreements—continued
UBS Warburg LLC, 5.015%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $214,346 (collateralized by U.S. Government Agencies; 5.000%-6.500%, due 02/01/18-04/01/37; total market value $218,543)		214,256		214,256
Total Repurchase Agreements (Cost $944,421)				944,421
Total Investments (Cost $1,186,727)(c) — 100.0%				1,186,727
Liabilities in excess of other assets — 0.0%				(164	)
Net Assets — 100.0%			$	1,186,563

(a)	Rate represents the effective yield at purchase.
(b)	Variable or Floating Rate Security. Rate disclosed is as of September 30, 2007. Maturity date represents actual maturity date.
(c)	Aggregate cost for federal income tax and financial reporting purposes is the same.

DN	— Discount Note
FHLB	— Federal Home Loan Bank
FNMA	— Fannie Mae
LLC	— Limited Liability Company

See Notes to Financial Statements.

10

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Classic Institutional U.S. Treasury Securities Money Market Fund

	Principal
	Amount($)		Value($)
Repurchase Agreements (100.3%)
ABN AMRO Bank N.V., 3.965%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $371,793 (collateralized by U.S. Treasury Obligation; DN, due 11/15/21; total market value $379,103)		371,670		371,670
BNP Paribas, 3.965%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $329,677 (collateralized by U.S. Treasury Obligation; 3.000%, due 07/15/12; total market value $336,160)		329,568		329,568
Deutsche Bank AG, 3.915%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $82,909 (collateralized by U.S. Treasury Obligations; DN-4.250%, due 11/30/07-05/15/15; total market value $84,540)		82,882		82,882
Dresdner Bank AG, 3.915%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $186,530 (collateralized by U.S. Treasury Obligations; DN-5.250%, due 08/15/14-02/15/29; total market value $190,202)		186,470		186,470
Greenwich Capital Markets, Inc., 3.865%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $275,547 (collateralized by U.S. Treasury Obligations; 4.125%-6.500%, due 02/15/10-05/15/15; total market value $280,970)		275,458		275,458
Repurchase Agreements—continued
HSBC Securities, Inc., 4.015%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $432,825 (collateralized by U.S. Treasury Obligations; DN-3.625%, due 01/15/08-01/15/26; total market value $441,338)		432,680		432,680
JP Morgan Chase & Co., 3.765%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $40,225 (collateralized by U.S. Treasury Obligations; 3.750%-8.750%, due 05/15/08-08/15/20; total market value $41,021)		40,212		40,212
Lehman Brothers, Inc., 3.965%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $30,732 (collateralized by U.S. Treasury Obligation; DN, due 03/13/08; total market value $31,336)		30,722		30,722
Merrill Lynch & Co., Inc., 3.765%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $102,170 (collateralized by U.S. Treasury Obligation; 4.625%, due 07/31/09; total market value $104,183)		102,138		102,138
Morgan Stanley, 3.965%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $90,370 (collateralized by U.S. Treasury Obligation; DN, due 05/15/20; total market value $92,147)		90,340		90,340

See Notes to Financial Statements.

11

SCHEDULES OF PORTFOLIO INVESTMENTS

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands, except Shares)

(Unaudited)

Classic Institutional U.S. Treasury Securities Money Market Fund — concluded

	Principal
	Amount($)		Value($)
Repurchase Agreements—continued
UBS Warburg LLC, 3.915%, dated 09/28/07 to be repurchased on 10/01/07, repurchase price $456,448 (collateralized by U.S. Treasury Obligations; 2.000%-2.500%, due 07/15/14-07/15/16; total market value $465,427)		456,298		456,298
Total Repurchase Agreements (Cost $2,398,438)				2,398,438
Total Investments (Cost $2,398,438)(a) — 100.3%				2,398,438
Liabilities in excess of other assets — (0.3)%				(7,086	)
Net Assets — 100.0%			$	2,391,352

(a)  Aggregate cost for federal income tax and financial reporting purposes is the same.

DN —  Discount Note

LLC —  Limited Liability Company

See Notes to Financial Statements.

12

STATEMENTS OF ASSETS AND LIABILITIES

STI CLASSIC FUNDS  September 30, 2007  (Amounts in thousands)

(Unaudited)

				Classic
	Classic			Institutional			Classic		Classic
	Institutional			Municipal			Institutional		Institutional
	Cash Management			Cash Reserve			U.S. Government Securities		U.S. Treasury Securities
	Money Market Fund			Money Market Fund			Money Market Fund		Money Market Fund
Assets:
Investments, at Amortized Cost	$	4,071,381		$	56,407		$	242,306	$	—
Repurchase Agreements, at Cost		—			—			944,421		2,398,438
Total Investments, at Value		4,071,381			56,407			1,186,727		2,398,438
Interest and Dividends Receivable		11,465			336			2,952		787
Receivable for Capital Shares Issued		6,938			—			1,281		1,362
Prepaid Expenses		46			6			7		9
Total Assets		4,089,830			56,749			1,190,967		2,400,596
Liabilities:
Income Distributions Payable		16,517			164			4,208		8,528
Investment Advisory Fees Payable		404			6			129		277
Administration and Fund Accounting Fees Payable		23			1			7		13
Compliance Services Fees Payable		2			—			—		1
Shareholder Services Fees Payable		—			—			—		277
Custodian Fees Payable		—			1			5		18
Trustee Fees Payable		8			—			2		1
Other Fees Payable		178			7			53		129
Total Liabilities		17,132			179			4,404		9,244
Total Net Assets	$	4,072,698		$	56,570		$	1,186,563	$	2,391,352
Net Assets Consist of:
Capital	$	4,072,916		$	56,572		$	1,186,547	$	2,391,443
Accumulated Net Investment Income		57			1			15		126
Accumulated Net Realized Gain (Loss) from Investment Transactions		(275	)		(3	)		1		(217	)
Total Net Assets	$	4,072,698		$	56,570		$	1,186,563	$	2,391,352
Net Assets:
Institutional Shares	$	4,072,698		$	56,570		$	1,186,563	$	1,010,036
Corporate Trust Shares		N/A			N/A			N/A	$	1,381,316
Shares Outstanding (unlimited number of shares authorized, no par value):
Institutional Shares		4,072,916			56,572			1,186,547		1,010,021
Corporate Trust Shares		N/A			N/A			N/A		1,381,422
Net Asset Value, Offering and Redemption Price Per Share:
Institutional Shares	$	1.00		$	1.00		$	1.00	$	1.00
Corporate Trust Shares		N/A			N/A			N/A	$	1.00

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

13

STATEMENTS OF OPERATIONS

STI CLASSIC FUNDS  For the Six Months Ended September 30, 2007  (Amounts in Thousands)

(Unaudited)

				Classic			Classic			Classic
	Classic			Institutional			Institutional			Institutional
	Institutional			Municipal			U.S. Government			U.S. Treasury
	Cash Management			Cash Reserve			Securities			Securities
	Money Market Fund			Money Market Fund			Money Market Fund			Money Market Fund
Investment Income:
Interest Income	$	98,803		$	971		$	24,888		$	56,344
Dividend Income		—			87			—			—
Total Investment Income		98,803			1,058			24,888			56,344
Expenses:
Investment Advisory Fees		2,296			42			715			1,645
Administration and Fund Accounting Fees		494			9			122			285
Compliance Services Fees		33			1			9			20
Shareholder Services Fees — Corporate Trust Shares		—			—			—			1,665
Custodian Fees		36			1			7			22
Professional Fees		70			1			19			45
Insurance Fees		9			—			1			5
Registration Fees		18			5			15			17
Printing Fees		28			—			6			20
Trustees’ Fees		38			1			10			27
Other Fees		26			3			16			32
Total Expenses		3,048			63			920			3,783
Less: Investment Advisory Fees Waived		—			(2	)		—			—
Less: Administration Fees Waived		(124	)		(4	)		(5	)		(11	)
Net Expenses		2,924			57			915			3,772
Net Investment Income		95,879			1,001			23,973			52,572
Net Realized Gain (Loss) on Investments:
Net Realized Gain (Loss) from Investment Transactions		(69	)		—			4			61
Change in Net Assets from Operations	$	95,810		$	1,001		$	23,977		$	52,633

Amounts designated as “—” are $0 or have been rounded to $0.

See Notes to Financial Statements.

14

STATEMENTS OF CHANGES IN NET ASSETS

STI CLASSIC FUNDS  For the Periods Indicated  (Amounts in thousands) (concluded)

	Classic Institutional																		Classic Institutional
	Cash Management						Classic Institutional Municipal Cash Reserve						Classic Institutional						U.S. Treasury Securities
	Money Market Fund						Money Market Fund						U.S. Government Securities Money Market Fund						Money Market Fund
	04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-			04/01/07-			04/01/06-
	09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07			09/30/07			03/31/07
	(Unaudited)						(Unaudited)						(Unaudited)						(Unaudited)
Operations:
Net Investment Income	$	95,879		$	171,462		$	1,001		$	2,988		$	23,973		$	45,094		$	52,572		$	136,064
Net Realized Gain (Loss) from Investment Transactions		(69	)		(17	)		—			(2	)		4			(3	)		61			—
Change in Net Assets from Operations		95,810			171,445			1,001			2,986			23,977			45,091			52,633			136,064
Dividends and Distributions to Shareholders:
Net Investment Income:
Institutional Shares		(95,879	)		(171,406	)		(1,001	)		(2,987	)		(23,973	)		(45,079	)		(22,223	)		(39,647	)
Corporate Trust Shares																				(30,349	)		(96,366	)
Net Realized Gains:
Institutional Shares		—			—			—			(1	)		—			—			—			—
Total Dividends and Distributions		(95,879	)		(171,406	)		(1,001	)		(2,988	)		(23,973	)		(45,079	)		(52,572	)		(136,013	)
Capital Transactions:
Institutional Shares:
Proceeds from Shares Issued		6,266,008			12,236,686			304,304			790,559			1,965,014			3,537,661			2,008,443			4,075,327
Dividends Reinvested		42,346			80,231			—			7			7,674			15,256			6,667			15,441
Cost of Shares Redeemed		(6,064,647	)		(11,463,417	)		(364,216	)		(800,064	)		(1,675,342	)		(3,615,491	)		(1,720,928	)		(4,276,728	)
Change in Net Assets from Institutional Shares		243,707			853,500			(59,912	)		(9,498	)		297,346			(62,574	)		294,182			(185,960	)
Corporate Trust Shares:
Proceeds from Shares Issued																				394,514			3,259,455
Cost of Shares Redeemed																				(279,589	)		(4,061,601	)
Change in Net Assets from Corporate Trust Shares																				114,925			(802,146	)
Change in Net Assets from Capital Transactions		243,707			853,500			(59,912	)		(9,498	)		297,346			(62,574	)		409,107			(988,106	)
Change in Net Assets		243,638			853,539			(59,912	)		(9,500	)		297,350			(62,562	)		409,168			(988,055	)
Net Assets:
Beginning of Period		3,829,060			2,975,521			116,482			125,982			889,213			951,775			1,982,184			2,970,239
End of Period	$	4,072,698		$	3,829,060		$	56,570		$	116,482		$	1,186,563		$	889,213		$	2,391,352		$	1,982,184
Accumulated Net Investment Income, End of Period	$	57		$	57		$	1		$	1		$	15		$	15		$	126		$	126
Share Transactions:
Institutional Shares:
Issued		6,266,008			12,236,686			304,304			790,559			1,965,014			3,537,661			2,008,443			4,075,327
Reinvested		42,346			80,231			—			7			7,674			15,256			6,667			15,441
Redeemed		(6,064,647	)		(11,463,417	)		(364,216	)		(800,064	)		(1,675,342	)		(3,615,491	)		(1,720,928	)		(4,276,728	)
Change in Institutional Shares		243,707			853,500			(59,912	)		(9,498	)		297,346			(62,574	)		294,182			(185,960	)
Corporate Trust Shares:
Issued																				394,514			3,259,455
Redeemed																				(279,589	)		(4,061,601	)
Change in Corporate Trust Shares																				114,925			(802,146	)
Change in Shares		243,707			853,500			(59,912	)		(9,498	)		297,346			(62,574	)		409,107			(988,106	)

Amounts designated as “ —” are $0 or have been rounded to $0.

See Notes to Financial Statements.

15

FINANCIAL HIGHLIGHTS

STI CLASSIC FUNDS  (Selected Data For a Share of Beneficial Interest Outstanding Throughout the Periods Indicated)

																															Ratio of
																															Expenses
																															to Average
					Net																							Ratio of			Net Assets
					Realized and																				Ratio of			Net			(Excluding
	Net Asset				Unrealized				Dividends						Total			Net Asset					Net Assets,		Net			Investment			Waivers,
	Value,		Net		Gain (Loss)				from Net			Distributions			Dividends			Value,					End		Expenses			Income			Reimbursements,
	Beginning		Investment		from Investment		Total from		Investment			from Realized			and			End		Total			of Period		to Average			to Average			and Expense
	of Period		Income		Transactions		Operations		Income			Capital Gains			Distributions			of Period		Return(1)			(000)		Net Assets(2)			Net Assets(2)			Offset)(2)
Classic Institutional Cash Management Money Market Fund
Institutional Shares
Period Ended September 30, 2007*	$	1.00	$	0.03	$	—	$	0.03	$	(0.03	)	$	—		$	(0.03	)	$	1.00		2.61	%	$	4,072,698		0.16	%		5.14	%		0.16	%
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—			(0.05	)		1.00		5.17			3,829,060		0.16			5.06			0.16
Year Ended March 31, 2006		1.00		0.04		—		0.04		(0.04	)		—			(0.04	)		1.00		3.62			2,975,521		0.17			3.60			0.19
Period Ended March 31, 2005**		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		1.43			2,591,527		0.19			1.71			0.26
Year Ended May 31, 2004		1.00		0.01		—		0.01		(0.01	)		—	(a)		(0.01	)		1.00		0.86			2,368,849		0.25			0.86			0.29
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		1.46			2,985,750		0.25			1.45			0.29
Year Ended May 31, 2002		1.00		0.03		—		0.03		(0.03	)		—			(0.03	)		1.00		2.68			3,409,606		0.25			2.61			0.29
Classic Institutional Municipal Cash Reserve Money Market Fund(3)
Institutional Shares
Period Ended September 30, 2007*		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		1.80			56,570		0.21			3.57			0.22
Year Ended March 31, 2007		1.00		0.03		—		0.03		(0.03	)		—	(a)		(0.03	)		1.00		3.42			116,482		0.20			3.35			0.23
Period Ended March 31, 2006		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		1.79			125,982		0.19			2.78			0.23
Classic Institutional U.S. Government Securities Money Market Fund
Institutional Shares
Period Ended September 30, 2007*		1.00		0.03		—		0.03		(0.03	)		—			(0.03	)		1.00		2.55			1,186,563		0.19			5.03			0.19
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—			(0.05	)		1.00		5.04			889,213		0.19			4.93			0.19
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—			(0.03	)		1.00		3.51			951,775		0.21			3.48			0.21
Period Ended March 31, 2005**		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		1.36			894,653		0.25			1.63			0.26
Year Ended May 31, 2004		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		0.82			858,260		0.27			0.82			0.29
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		1.40			1,040,066		0.26			1.39			0.29
Year Ended May 31, 2002		1.00		0.03		—		0.03		(0.03	)		—			(0.03	)		1.00		2.61			1,025,714		0.27			2.49			0.30
Classic Institutional U.S. Treasury Securities Money Market Fund
Institutional Shares
Period Ended September 30, 2007*		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		2.44			1,010,036		0.19			4.81			0.19
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—			(0.05	)		1.00		5.03			715,831		0.18			4.93			0.18
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—			(0.03	)		1.00		3.41			901,777		0.20			3.45			0.20
Period Ended March 31, 2005**		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		1.31			697,095		0.25			1.62			0.26
Year Ended May 31, 2004		1.00		0.01		—		0.01		(0.01	)		—	(a)		(0.01	)		1.00		0.77			420,948		0.26			0.71			0.29
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—	(a)		(0.01	)		1.00		1.30			653,340		0.26			1.23			0.29
Year Ended May 31, 2002		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		2.28			551,599		0.26			2.25			0.30
Corporate Trust Shares
Period Ended September 30, 2007*		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		2.31			1,381,316		0.44			4.56			0.44
Year Ended March 31, 2007		1.00		0.05		—		0.05		(0.05	)		—			(0.05	)		1.00		4.77			1,266,353		0.43			4.67			0.43
Year Ended March 31, 2006		1.00		0.03		—		0.03		(0.03	)		—			(0.03	)		1.00		3.17			2,068,462		0.44			3.14			0.44
Period Ended March 31, 2005**		1.00		0.01		—		0.01		(0.01	)		—			(0.01	)		1.00		1.14			1,825,373		0.44			1.38			0.45
Year Ended May 31, 2004		1.00		0.01		—		0.01		(0.01	)		—	(a)		(0.01	)		1.00		0.57			1,378,551		0.46			0.51			0.49
Year Ended May 31, 2003		1.00		0.01		—		0.01		(0.01	)		—	(a)		(0.01	)		1.00		1.10			1,298,910		0.46			1.05			0.49
Year Ended May 31, 2002		1.00		0.02		—		0.02		(0.02	)		—			(0.02	)		1.00		2.08			1,805,066		0.46			2.11			0.50

See Notes to Financial Highlights and Notes to Financial Statements.

16

NOTES TO FINANCIAL HIGHLIGHTS

*	Unaudited
**	Effective June 1, 2004, these Funds adopted a change in the amortization and accretion methodology on fixed income securities. The cumulative effect of this change in methodology was immaterial to all Funds. The Funds changed fiscal year end to March 31.
(1)	Total return excludes sales charge. Not annualized for periods less than one year.
(2)	Annualized for periods less than one year.
(3)	Commenced operations on August 2, 2005.
(a)	Amount represents less than $0.005.

17

NOTES TO FINANCIAL STATEMENTS

STI CLASSIC FUNDS  September 30, 2007

(Unaudited)

1.  Organization

The STI Classic Funds (the “Trust”) was organized as a Massachusetts business trust under a Declaration of Trust dated January 15, 1992. The Trust is registered under the Investment Company Act of 1940 (the “1940 Act”), as amended, as an open-end management investment company offering 49 funds as of September 30, 2007. The Trust is authorized to issue an unlimited number of shares without par value. The financial statements presented herein are those of the Classic Institutional Cash Management Money Market Fund, the Classic Institutional Municipal Cash Reserve Money Market Fund, the Classic Institutional U.S. Government Securities Money Market Fund and the Classic Institutional U.S. Treasury Securities Money Market Fund (each a “Fund” and collectively the “Funds”). The financial statements of the remaining funds are presented separately. The Classic Institutional Cash Management Money Market Fund, Classic Institutional Municipal Cash Reserve Money Market Fund and Classic Institutional U.S. Government Securities Money Market Fund may offer Institutional Shares only. The Classic Institutional U.S. Treasury Securities Money Market Fund may offer Institutional Shares and Corporate Trust Shares. The Funds’ prospectuses provide a description of the Fund’s investment objectives, policies and strategies.

The assets of each Fund are segregated, and a shareholder’s interest is limited to the Fund in which shares are held. Each class of shares has identical rights and privileges except with respect to the fees paid under the Shareholder Services Plan and voting rights on matters affecting a single class of shares.

Under the Trust’s organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into contracts with its vendors and others that provide for general indemnifications. The Trust’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust. However, based on experience, the Trust expects that risk of loss to be remote.

2.  Significant Accounting Policies

The following is a summary of significant accounting policies followed by the Trust in the preparation of its financial statements. These policies are in conformity with accounting principles generally accepted in the United States of America (“GAAP”). The preparation of financial statements in accordance with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. The actual results could differ from these estimates.

Security Valuation — Investment securities are stated at amortized cost, which approximates market value. Under the amortized cost method, premium or discount, if any, is amortized or accreted, respectively, on a constant basis to the maturity of the security. Investments in other investment companies are valued at their respective daily net assets. On October 17, 2007, the receiver for Cheyne Financial PLC stated that it would cease making payments on its commercial paper. On October 19, 2007, SunTrust Banks, Inc. (“SunTrust”) established an irrevocable letter of credit in favor of the Trust with respect to the Classic Institutional Cash Management Money Market Fund’s investments in medium term notes issued by Cheyne Finance LLC. The letter of credit, in the amount of $117,500,000, allows the Trust to draw upon it for payment of any scheduled interest payments that are due but not paid under each respective note. The Investment Adviser has concluded that the amount of the letter of credit would cover all amounts due for the life of, and at the maturity of the notes. The Trust would transfer the notes to SunTrust in consideration for any amounts paid to the Funds under the letter of credit.

The provisions of the letter of credit would enable the Funds to continue holding the notes as permitted investments. The investments continue to be valued using amortized cost, as reported on the Schedule of Portfolio Investments.

18

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007

(Unaudited)

Security Transactions and Investment Income — During the period, security transactions are accounted for no later than one business day following the trade date. For financial reporting purposes, however, security transactions are accounted for on trade date on the last business day of the reporting period. Interest income is recognized on an accrual basis and includes amortization or accretion of premium or discount. Costs used in determining net realized gains and losses on the sales of investment securities are those of the specific securities sold, adjusted for the accretion or amortization of purchase discounts or premiums during the respective holding period.

Repurchase Agreements — The Funds may purchase instruments from financial institutions, such as banks and broker-dealers, subject to the seller’s agreement to repurchase them at an agreed upon time and price (“repurchase agreement”). A third party custodian bank takes possession of the underlying securities (“collateral”) of a repurchase agreement, the value of which exceeds the principal amount of the repurchase transaction, including accrued interest. In the event of default on the obligation to repurchase, each Fund has the right to liquidate the collateral and apply the proceeds in satisfaction of the obligation. In the event of default or bankruptcy by the counterparty to the repurchase agreement, realization and/or retention of the collateral or proceeds may be subject to legal proceedings.

Securities Purchased on a When-Issued Basis — Delivery and payment for securities that have been purchased by a Fund on a forward commitment or when-issued basis can take place up to a month or more after the transaction date. During this period, such securities are subject to market fluctuations. The purchase of securities on a when-issued basis may increase the volatility of a Fund’s net asset value if the Fund makes such investments while remaining substantially fully invested. A Fund records when-issued securities on trade date and will segregate or earmark liquid assets in an amount at least equal in value to its commitments to purchase when-issued and forward commitment securities. As of September 30, 2007, there were no such securities held by the Funds.

Compensating Balances — If a Fund has a cash overdraft in excess of $100,000 it is required to deposit an amount equal to 110% of the overdraft in a compensating balance account with its custodian, SunTrust Bank, a wholly owned subsidiary of SunTrust Banks, Inc., on the following business day. If a Fund has a positive cash balance in excess of $100,000 it is allowed to overdraw an amount equal to 90% of the balance from SunTrust Bank on the following business day. All such deposits to, and overdrafts from, the compensating balance account are non-interest bearing and are for a duration of one business day. The Classic Institutional Cash Management Money Market Fund does not have any compensating balance arrangements with its custodian, Brown Brothers Harriman & Co.

Expenses — Expenses that are directly related to a specific Fund are charged to that Fund. Class specific expenses, such as distribution fees, if any, are borne by that class. Other operating expenses of the Trust are pro-rated to the Funds on the basis of relative net assets or another appropriate basis. Expenses attributable to the Trust and the STI Classic Variable Trust (collectively, the “STI Complex”) are allocated across the STI Complex based upon relative net assets or another appropriate basis.

Classes — Income, non-class specific expenses and realized/unrealized gains and losses are allocated to the respective classes within a Fund on the basis of the relative daily net assets.

Dividends and Distributions to Shareholders — Dividends and distributions to shareholders are recorded on the ex-dividend date. Dividends from net investment income of each of the Funds are declared daily and paid monthly. Any net realized capital gains on sales of securities are distributed to shareholders at least annually. However, to the extent that net realized capital gains can be offset by capital loss carryovers, such gains will not be distributed.

New Accounting Pronouncements — In September 2006, the Financial Accounting Standards Board (“FASB”) issued Statement on Financial Accounting Standards (SFAS) No. 157, “Fair Value Measurements.” This standard establishes a single authoritative definition of fair value, sets out a framework for measuring fair value and requires additional disclosures about fair value measurements. SFAS No. 157 applies to fair value measurements already required or permitted by existing standards. SFAS No. 157 is effective for

19

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007

(Unaudited)

financial statements issued for fiscal years beginning after November 15, 2007 and interim periods within those fiscal years. The changes to current GAAP from the application of this Statement relate to the definition of fair value, the methods used to measure fair value and expanded disclosures about fair value measurements. As of September 30, 2007, the Funds do not believe the adoption of SFAS No. 157 will impact the financial statement amounts, however, additional disclosures may be required about the inputs used to develop the measurements and the effect of certain of the measurements on changes in net assets for the period.

3.  Agreements and Other Transactions with Affiliates

Investment Advisory Agreement — The Trust and Trusco Capital Management, Inc. (the “Investment Adviser”), a wholly-owned subsidiary of SunTrust Banks, Inc., have entered into an advisory agreement.

Under the terms of the agreement, the Funds are charged the following annual advisory fees, which are computed daily and paid monthly based upon average daily net assets. Breakpoints are used in computing the overall annual advisory fee. The full fee is charged on average daily net assets of each Fund up to $1 billion, a discount of 5% applies on the next $1.5 billion, a discount of 10% applies on the next $2.5 billion and a discount of 20% applies on amounts over $5 billion. Fee rates for the period April 1, 2007 through September 30, 2007 were as follows:

					Advisory Fees
	Maximum Annual		Discounted Annual		Waived or			Net Annual
	Advisory Fee (%)		Advisory Fee (%)		Reimbursed (%)			Fees Paid (%)
Classic Institutional Cash Management Money Market Fund		0.13		0.12		—			0.12
Classic Institutional Municipal Cash Reserve Money Market Fund		0.15		0.15		(0.01	)		0.14
Classic Institutional U.S. Government Securities Money Market Fund		0.15		0.15		—			0.15
Classic Institutional U.S. Treasury Securities Money Market Fund		0.15		0.15		—			0.15

The Investment Adviser has contractually agreed, until at least August 1, 2008, to waive fees and/or reimburse each Fund to the extent necessary to maintain each Fund’s Total Operating Expense, expressed as a percentage of average daily net assets, as noted below:

	Total Operating
	Expense (%)
Classic Institutional Cash Management Money Market Fund		0.17
Classic Institutional Municipal Cash Reserve Money Market Fund		0.20
Classic Institutional U.S. Government Securities Money Market Fund		0.20
Classic Institutional U.S. Treasury Securities Money Market Fund, Institutional Shares		0.20
Classic Institutional U.S. Treasury Securities Money Market Fund, Corporate Trust Shares		0.45

Under the Expense Limitation Agreements, the Investment Adviser may retain the difference between the Total Operating Expense identified above and the actual total expense to recapture any of its prior contractual waivers or reimbursements, at a date not to exceed three years from the date of the corresponding Expense Limitation Agreement. Such repayments shall be made monthly, but only to the extent that such repayments would not cause the annualized total expense ratio to exceed the Total Operating Expense in place at that time. For the period April 1, 2007 through September 30, 2007, the Investment Adviser did not recapture any of its prior contractual waivers or reimbursements. The Investment Adviser does not intend to recapture such amounts. As of September 30, 2007, the cumulative potential reimbursements based on reimbursements within three years from the date of the corresponding Expense Limitation Agreement (until August 1, 2010) are as follows (in thousands):

	Amount ($)
Classic Institutional Municipal Cash Reserve Money Market Fund		28

20

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007

(Unaudited)

Administration, Fund Accounting and Transfer Agency Agreement — The Trust has entered into a Master Services Agreement with Citi Fund Services Ohio, Inc. (the “Administrator”), formerly BISYS Fund Services Ohio, Inc., under which the Administrator provides administrative, fund accounting, transfer agent and shareholder services for an annual fee, calculated and paid monthly, (expressed as a percentage of the combined average daily net assets of the STI Complex) of: 0.0275% up to $25 billion, 0.0225% on the next $5 billion and 0.0175% for over $30 billion plus an additional class fee of $2,714 per class annually, applicable to each additional class of shares over 145 classes of shares.

The Master Services Agreement provides for the Administrator to pay certain insurance premiums for the STI Complex, including $300,000 towards the premium for Directors and Officers Liability/Errors and Omissions insurance coverage, and $25,000 towards the premium for Fidelity Bond coverage. The Administrator has agreed, under the terms of the Master Services Agreement, to pay certain legal expenses for the benefit of the STI Complex relating to administrative service matters. The Master Services Agreement further provides for the Administrator to waive a portion of its fees for the benefit of shareholders. Such payments and fee waivers are expected to total approximately $400,000 to $650,000 annually, and will not be recouped by the Administrator in subsequent years.

Distribution Agreement — The Trust and Foreside Distribution Services, L.P. (the “Distributor”) are parties to a Distribution Agreement. The fees the Distributor receives for the services it performs pursuant to the Distribution Agreement have been waived through September 30, 2007. Prior to August 1, 2007, BISYS Fund Services Limited Partnership was the distributor for the Funds.

Shareholder Servicing Agreement — The Classic Institutional U.S. Treasury Securities Money Market Fund has adopted a Shareholder Services Plan for the Corporate Trust Shares. The Fund pays SunTrust Bank a monthly shareholder services fee at an annual rate of up to 0.25% of the average daily net assets of the Fund’s Corporate Trust Shares, computed daily and paid monthly, which may be used by SunTrust Bank to provide compensation to service providers that have agreed to provide shareholder support services for their customers who own Corporate Trust Shares of the Fund.

Custodian Agreement — SunTrust Bank acts as custodian for the Funds, except for the Classic Institutional Cash Management Money Market Fund, which appointed Brown Brothers Harriman & Co. as custodian. The Funds pay custody fees on the basis of their respective net assets and transaction costs.

Other — Certain officers of the STI Complex are also officers of the Investment Adviser and/or the Administrator. Such officers receive no fees from the Trust for serving as officers of the Trust. Each of the trustees receives an annual retainer fee and an additional fee for each meeting attended plus reimbursement for certain expenses incurred. Trustees receive an additional fee for attendance at committee meetings. As of September 30, 2007, meeting and retainer fees are as follows:

	Chairman ($)		Trustee ($)
Annual Retainer		55,000		44,000
Regular Meeting Fee		10,000		8,000
Special Meeting Fee		5,000		4,000
Committee Meeting Fee		4,500		3,000

The Trust approved a deferred compensation plan for its trustees, effective January 1, 2007. Under that plan, a trustee may elect to defer all or a portion of his or her compensation. Amounts deferred are retained by the Trust, and the value of such deferred amounts is determined by reference to the change in value of Class I Shares of one or more series of the STI Classic Funds as specified by the trustee. Benefits under the deferred compensation plan are payable upon retirement. As of September 30, 2007, under the deferred compensation plan, the Trust had a deferred liability of $248,537.

The Investment Adviser provides services to the STI Complex to ensure compliance with applicable laws and regulations. The Investment Adviser has designated a dedicated compliance staff and an employee to serve as Chief Compliance Officer. The Investment Adviser receives an annual fee totaling $475,000 for

21

NOTES TO FINANCIAL STATEMENTS (continued)
STI CLASSIC FUNDS  September 30, 2007

(Unaudited)

these services. In addition, the Administrator provides an employee and staff to assist the Chief Compliance Officer for the STI Complex, including providing certain related services, and receives an annual fee of $156,750 for providing these services. The fees above are allocated based on average daily net assets of the STI Complex and are reflected on the Statements of Operations as “Compliance Service Fees.”

The Trust has entered into an agreement with SunTrust Robinson Humphrey, Inc., which is a registered broker-dealer and a direct non-bank subsidiary of SunTrust Banks, Inc., to act as an agent in placing repurchase agreements for the Trust. For the period ended September 30, 2007, the following Funds paid SunTrust Robinson Humphrey, Inc., through a reduction in the yield earned by the Funds on those repurchase agreements, the following amounts (in thousands):

	Fees ($)
Classic Institutional U.S. Government Securities Money Market Fund		113
Classic Institutional U.S. Treasury Securities Money Market Fund		392

4.  Federal Tax Policies and Information

It is the policy of each Fund to continue to qualify as a regulated investment company by complying with the provisions available to certain investment companies as defined in applicable sections of the Internal Revenue Code, and to make distributions from net investment income and from net realized gains sufficient to relieve it from all, or substantially all, federal income taxes.

The amounts of dividends from net investment income and of distributions from net realized gains are determined in accordance with federal income tax regulations, which may differ from GAAP. These “book/tax” differences are either considered temporary or permanent in nature. To the extent these differences are permanent in nature, such amounts are reclassified within the composition of net assets based on their federal tax-basis treatment; temporary differences do not require reclassification.

As required, effective September 28, 2007, the Trust adopted FASB Interpretation No. 48, Accounting for Uncertainty in Income Taxes (“FIN 48”). FIN 48 provides guidance for how uncertain tax positions should be recognized, measured, presented and disclosed in the financial statements. The adoption of FIN 48 did not impact the Funds’ net assets or results of operations.

At September 30, 2007, the total cost of securities and the net realized gains or losses on securities sold for federal income tax purposes were the same as amounts reported for financial reporting purposes.

The tax character of current year distributions paid and the tax basis of the current components of accumulated earnings (deficit) will be determined at the end of the current tax year ending March 31, 2008.

The tax character of distributions paid to shareholders during the year ended March 31, 2007 was as follows (in thousands):

	Distributions paid from
	Net				Total
	Investment		Tax-Exempt		Distributions
Fund	Income ($)		Income ($)		Paid ($)*
Classic Institutional Cash Management Money Market Fund		166,575		—		166,575
Classic Institutional Municipal Cash Reserve Money Market Fund		1		3,032		3,033
Classic Institutional U.S. Government Securities Money Market Fund		44,386		—		44,386
Classic Institutional U.S. Treasury Securities Money Market Fund		137,947		—		137,947

*  Total distributions paid differ from the Statement of Changes in Net Assets because for tax purposes dividends are recognized when actually paid.

Amounts designated as “—” are either $0 or have been rounded to $0.

22

NOTES TO FINANCIAL STATEMENTS (concluded)
STI CLASSIC FUNDS  September 30, 2007

(Unaudited)

As of March 31, 2007 the components of accumulated earnings (deficit) on a tax basis were as follows (in thousands):

										Accumulated			Total
	Undistributed		Undistributed							Capital and			Accumulated
	Ordinary		Tax-Exempt		Accumulated		Distributions			Other			Earnings
	Income ($)		Income ($)		Earnings ($)		Payable ($)			Losses ($)**			(Deficit) ($)
Classic Institutional Cash Management Money Market Fund		16,472		—		16,472		(16,408	)		(207	)		(143	)
Classic Institutional Municipal Cash Reserve Money Market Fund		—		321		321		(321	)		(2	)		(2	)
Classic Institutional U.S. Government Securities Money Market Fund		3,876		—		3,876		(3,859	)		(3	)		14
Classic Institutional U.S. Treasury Securities Money Market Fund		8,396		—		8,396		(8,264	)		(278	)		(146	)

**  As of the latest tax year end of March 31, 2007, the following Funds had net capital loss carryovers to offset future net capital gains, if any, to the extent provided by the Treasury regulations. To the extent that these carryovers are used to offset future gains, it is probable that the gains so offset will not be distributed to shareholders (in thousands):

	Expires
	2013 ($)		2014 ($)		2015 ($)
Classic Institutional Cash Management Money Market Fund		—		26		181
Classic Institutional Municipal Cash Reserve Money Market Fund		—		—		2
Classic Institutional U.S. Treasury Securities Money Market Fund		156		110		12

Net Capital losses incurred after October 31, and within the taxable year are deemed to arise on the first business day of the Funds’ next taxable year. The Classic Institutional U.S. Government Securities Money Market Fund has incurred and will elect to defer $3, in thousands, in capital losses.

Amounts designated as “—” are $0.

5.  Risks

The Funds invest primarily in money market instruments maturing in 397 days or less whose ratings are within one of the two highest ratings categories assigned by a nationally recognized statistical rating organization, or, if not rated, are believed to be of comparable quality. The ability of the issuers of the securities held by the Fund to meet their obligations may be affected by economic developments in a specific industry, state or region.

Certain securities are backed by letters of credit from various financial institutions and financial guaranty assurance agencies. These letters of credit enhance the credit quality of the individual securities; however, if any of the financial institutions or financial guaranty assurance agencies’ credit quality should deteriorate, it could cause the individual security’s credit quality to change. Additionally, if any of the Funds concentrate their letters of credit in any one financial institution, the risk of credit quality deterioration increases.

The Funds hold certain securities the issuer of which operates under a congressional charter. These securities (Federal Home Loan Mortgage Corporation, Federal Home Loan Bank and Fannie Mae) are neither issued nor guaranteed by the U.S. government. If needed, access to additional funding from the U.S. Treasury (beyond the issuer’s line of credit), would require congressional action.

23

TRUSTEES AND OFFICERS OF THE STI CLASSIC FUNDS
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Information pertaining to the trustees of the Trust is set forth below. Trustees who are not deemed to be “interested persons” of the Trust as defined in the 1940 Act are referred to as “Independent Trustees.” Trustees who are deemed to be “interested persons” of the Trust are referred to as “Interested Trustees.” Mr. Ridley is a trustee who may be deemed to be an “interested person” of the Trust.

Name, Business		Term of		Number of
Address, State of	Position	Office and	Principal	Portfolios in	Other
Residence and	Held With	Length of	Occupation(s)	Fund Complex	Directorships
Date of Birth	Trust	Time Served	During the Past 5 Years	Overseen	Held
INTERESTED TRUSTEES*:
Clarence H. Ridley 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 06/42	Trustee	Indefinite; since November 2001	Chairman, Haverty Furniture Companies	54	Crawford & Co.; Haverty Furniture Companies
INDEPENDENT TRUSTEES:
Jeffrey Biggar 3435 Stelzer Road Columbus, OH 43219 (Ohio) DOB 02/50	Trustee	Indefinite; since January 2007	Retired. Chief Executive Officer and Senior Managing Director, Sterling (National City Corp.) (2002-2006)	54	None
F. Wendell Gooch 3435 Stelzer Road Columbus, OH 43219 (Indiana) DOB 12/32	Trustee	Indefinite; since May 1992	Retired	54	SEI Family of Funds
Sidney E. Harris 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 07/49	Trustee	Indefinite; since November 2004	Professor (since 1997) and Dean (1997-2004), J. Mack Robinson College of Business, Georgia State University.	54	ServiceMaster Company; Total System Services, Inc.
Warren Y. Jobe 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 11/40	Trustee	Indefinite; since November 2004	Retired. Executive Vice President, Georgia Power Company and Senior Vice President, Southern Company (1998-2001)	54	WellPoint, Inc.; UniSource Energy Corp.; HomeBanc Corp.
Connie D. McDaniel 3435 Stelzer Road Columbus, OH 43219 (Georgia) DOB 04/58	Trustee	Indefinite; since May 2005	Vice President Global Finance Transformation (since 2007), Vice President and Controller (1999-2007), The Coca-Cola Company	54	None
Charles D. Winslow 3435 Stelzer Road Columbus, OH 43219 (Florida) DOB 07/35	Trustee	Indefinite; since November 2004	Retired. Formerly Partner, Accenture (consulting)	54	None

*  Mr. Ridley may be deemed an “interested person” of the Trust as that term is defined in the 1940 Act because of a material business relationship with the parent of the Investment Adviser.

24

TRUSTEES AND OFFICERS OF THE STI CLASSIC FUNDS (concluded)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

		Term of
	Position(s)	Office and
Name, Address	Held with	Length of	Principal Occupation(s)
and Date of Birth	Trust	Time Served	During the Past 5 Years
OFFICERS
Julia Short 50 Hurt Plaza Suite 1400 Atlanta, GA 30303 DOB 11/72	President and Chief Executive Officer	One-year: since July 2007	Managing Director, Product Manager, Trusco Capital Management, Inc. (since 2004); Relationship Manager, SEI Investments (Financial Services) (1994-2004)
Deborah A. Lamb 50 Hurt Plaza Suite 1400 Atlanta, GA 30303 DOB 10/52	Executive Vice President; Assistant Secretary; Chief Compliance Officer	One-year; since September 2004; since November 2003; since August 2004 (respectively)	Chief Compliance Officer, Managing Director, Trusco Capital Management, Inc. (since 2003); President, Investment Industry Consultants, LLC (2000-2003);
Martin R. Dean 3435 Stelzer Road Columbus, OH 43219 DOB 11/63	Treasurer; Chief Financial Officer; Chief Accounting Officer	One-year; since March 2007	Vice President, Financial Administration, Citi Fund Services Ohio, Inc.
Cynthia J. Surprise 3435 Stelzer Road Columbus, OH 43219 DOB 07/46	Secretary and Chief Legal Officer	One-year; since February 2005	Senior Counsel, Legal Services, Citi Fund Services Ohio, Inc. (since 2004); Director and Counsel, Investors Bank & Trust Company (1999-2004)
Jennifer A. English 3435 Stelzer Road Columbus, OH 43219 DOB 03/72	Assistant Secretary	One-year; since November 2005	Counsel, Legal Services, Citi Fund Services Ohio, Inc. (since 2007); Assistant Council Legal Services, Citi Fund Services Ohio, Inc. (2005-2007); Assistant Counsel, PFPC, Inc. (2002-2005)

The Trust’s Statement of Additional Information includes additional information about the Trust’s trustees and officers. To request your free copy of the Statement of Additional Information, call toll free 1-888-STI-FUND.

25

ADDITIONAL INFORMATION

STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Expense Examples

As a shareholder of the STI Classic Funds, you incur two types of costs: (1) transaction costs; and (2) ongoing costs, including management fees, distribution fees, and other Fund expenses. These examples are intended to help you understand your ongoing costs (in dollars) of investing in the STI Classic Funds and to compare these costs with the ongoing costs of investing in other mutual funds.

These examples are based on an investment of $1,000 invested at the beginning of the period and held for the entire period from April 1, 2007 through September 30, 2007.

Actual Expenses

The table below provides information about actual account values and actual expenses. You may use the information below, together with the amount you invested, to estimate the expenses that you paid over the period. Simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number in the table under the heading entitled “Expenses Paid During Period” to estimate the expenses you paid on your account during this period.

		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		04/01/07 ($)		09/30/07 ($)		04/01/07-09/30/07 ($)		04/01/07-09/30/07 (%)
Classic Institutional Cash Management Money Market Fund	Institutional Shares		1,000.00		1,026.10		0.81		0.16
Classic Institutional Municipal Cash Reserve Money Market Fund	Institutional Shares		1,000.00		1,018.00		1.06		0.21
Classic Institutional U.S. Government Securities Money Market Fund	Institutional Shares		1,000.00		1,025.50		0.96		0.19
Classic Institutional U.S. Treasury Securities Money Market Fund	Institutional Shares		1,000.00		1,024.40		0.96		0.19
	Corporate Trust Shares		1,000.00		1,023.10		2.23		0.44

*   Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year divided by the number of days in the fiscal year.

**  Annualized.

26

ADDITIONAL INFORMATION (concluded)
STI CLASSIC FUNDS  September 30, 2007
(Unaudited)

Hypothetical Example

The table below provides information about hypothetical account values and hypothetical expenses based on a Fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses, which is not the Fund’s actual return. The hypothetical account values and expenses may not be used to estimate the actual ending account balance or expenses you paid for the period. You may use this information to compare this 5% hypothetical example with the 5% hypothetical examples that appear in the shareholder reports of other funds.

Please note that the expenses shown in the table are meant to highlight your ongoing costs only and do not reflect any transactional costs. Therefore, the table is useful in comparing ongoing costs only, and will not help you determine the relative total costs of owning different funds. In addition, if these transactional costs were included, your costs would have been higher.

		Beginning		Ending		Expenses Paid		Expense Ratio
		Account Value		Account Value		During Period*		During Period**
		04/01/07 ($)		09/30/07 ($)		04/01/07-09/30/07 ($)		04/01/07-09/30/07 (%)
Classic Institutional Cash Management Money Market Fund	Institutional Shares		1,000.00		1,024.27		0.81		0.16
Classic Institutional Municipal Cash Reserve Money Market Fund	Institutional Shares		1,000.00		1,024.02		1.07		0.21
Classic Institutional U.S. Government Securities Money Market Fund	Institutional Shares		1,000.00		1,024.12		0.96		0.19
Classic Institutional U.S. Treasury Securities Money Market Fund	Institutional Shares		1,000.00		1,024.12		0.96		0.19
	Corporate Trust Shares		1,000.00		1,022.86		2.23		0.44

*   Expenses are equal to the average account value times the Fund’s annualized expense ratio multiplied by the number of days in the most recent fiscal half-year divided by the number of days in the fiscal year.

**  Annualized.

Proxy Voting

Information regarding the policies and procedures that the Funds use to determine how to vote proxies relating to portfolio securities is available without charge, upon request, by calling 1-888-STI-FUND. The information also is included in the Funds’ Statement of Additional Information, which is available on the Funds’ website at www.sticlassicfunds.com and on the Securities and Exchange Commission’s website at www.sec.gov.

Information relating to how each Fund voted proxies relating to portfolio securities held during the most recent twelve months ended June 30 is available on the Funds’ website at www.sticlassicfunds.com and on the Securities and Exchange Commission’s website at www.sec.gov.

Portfolio Holdings Information

The Funds file a complete list of their portfolio holdings with the Securities and Exchange Commission for the first and third quarters of each fiscal year on Form N-Q. Forms N-Q are available free of charge on the Securities and Exchange Commission’s website at www.sec.gov. You may also review or, for a fee, copy those documents by visiting the Securities and Exchange Commission’s Public Reference Room in Washington, D.C. Information on the operation of the Public Reference Room may be obtained by calling the Securities and Exchange Commission at 1-202-551-8090.

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Item 2. Code of Ethics.

Not applicable.

Item 3. Audit Committee Financial Expert.

Not applicable.

Item 4. Principal Accountant Fees and Services.

Not applicable.

Item 5. Audit Committee of Listed Registrants.

Not applicable.

Item 6. Schedule of Investments.

Not applicable.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.

Not applicable.

Item 8. Portfolio Managers of Closed-End Management Investment Companies.

Not applicable.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders.

Not applicable.

Item 11. Controls and Procedures.

(a) The registrant’s principal executive officer and principal financial officer have concluded, based on their evaluation of the registrant’s disclosure controls and procedures as conducted within 90 days of the filing date of this report, that these disclosure controls and procedures are adequately designed and are operating effectively to ensure that information required to be disclosed by the registrant on Form N-CSR is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.

(b) There were no changes in the registrant’s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by this report that have materially affected or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 12. Exhibits.

(a)(1) Not applicable.

(a)(2) Certifications pursuant to Rule 30a-2(a) are attached hereto.

(a)(3) Not applicable.

(b) Certifications pursuant to Rule 30a-2(b) are furnished herewith.

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.

(Registrant) STI Classic Funds
By (Signature and Title)*	/s/ Martin R. Dean
	Martin R. Dean, Treasurer, STI Classic Funds

Date 12/10/07

     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 (Signature and Title)*	/s/ Julia Short
	Julia Short, President, STI Classic Funds

Date 12/07/07

By (Signature and Title)*	/s/ Martin R. Dean
	Martin R. Dean, Treasurer, STI Classic Funds

Date 12/10/07

* Print the name and title of each signing officer under his or her signature.

EX-99.CERT

EX-99.CERT

CERTIFICATIONS

I, Julia Short, certify that:

1.	I have reviewed this report on Form N-CSR of STI Classic Funds (the “registrant”);
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 financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
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 second fiscal quarter of the period covered by this report 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.

12/07/07	/s/ Julia Short
Date	Julia Short President

CERTIFICATIONS

I, Martin R. Dean, certify that:

1.	I have reviewed this report on Form N-CSR of STI Classic Funds (the “registrant”);
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 financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
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 second fiscal quarter of the period covered by this report 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.

12/10/07	/s/ Martin R. Dean
Date	Martin R. Dean Treasurer

EX-99.906.CERT

EX-99.906.CERT

This certification is provided pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, 18 U.S.C. § 1350, and accompanies the report on Form N-CSR for the period ended September 30, 2007 of STI Classic Funds (the “Registrant”).

Each of the undersigned being, the Principal Executive Officer and Principal Financial Officer of the Registrant, herby certifies that, to the best of my knowledge,:

1.	the Form N-CSR fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934 ( 15 U.S.C. 78m(a) or 78o(d)); and
2.	the information contained in the Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

12/10/07 Date

/s/ Julia Short

Julia Short

President 

/s/ Martin R. Dean  

Martin R. Dean 

Treasurer 

This certification is being furnished solely pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and is not being filed as part of Form N-CSR or as a separate disclosure document. A signed original of this written statement required by Section 906 has been provided to the Registrant and will be retained by the Registrant and furnished to the Securities and Exchange Commission or its staff upon request.