  We summarize the results obtained from the MUNICS K-band selected Galaxy
survey thus far. MUNICS is a wide-area, medium-deep, photometric and
spectroscopic survey selected in the K band, targeting randomly-selected high
Galactic latitude fields. It covers an area of roughly one square degree in the
K and J bands with optical imaging in the I, R, V, and B bands in 0.5 square
degrees. The MUNICS photometric survey is complemented by spectroscopic
follow-up observations down to limits of K<17.5 (wide area) and K<19.5 (smaller
area). We have obtained 593 redshifts to this date. Here, we present results
concerning the evolution of the K-band luminosity function to z ~ 1, both from
the full photometric redshift sample and from the spectroscopic sample alone.
We also report on new results concerning the evolution of the stellar mass
function to z ~ 1. We fit stellar population synthesis models to our multicolor
photometry to obtain M/L values for each source. We detect significant
evolution in the stellar mass function and we find that more massive systems
evolve faster in number density than less massive systems. We also measure the
evolution of the total stellar mass density of the universe and find that about
half the present day stellar mass formed since z ~ 1.
