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OCR: SOMETIMES HIGH YIELD ISN'T S0 BAD While SteinRoe High- Yield's charter allows it to put all its assets in junk munis, the fund has never risked more than 30% in such issues. Financial Tax- Free keeps EC high erade bonds. but it has been the more volatile of the two because it is more sensitive [ interest -rate swings tainBo Free Income High-Yield Munis THE PORTFOUIO Net assets In millions $186.3 $330.2 Investment-grade bonds 96% 620 Cash and equlvalents 19% TOP HOLDINGS Denver Airport Syslems %0 Wholesale netassi Jectric 13.8 PERFORMANCE RATING DOMT market Up market Current phase FIVE-YEAR ANALYSIS %gain 65.3% 65.2% Rank [funds in category 3{57] 2(12) EXPENSE ANALYSIS % initial sales charge Non None Your rprojected I five-yeas cost $41 $40 X annual turnover 57% 19% heen hecause Fret millon ...