Labels:bulletin board | grandstand | monitor | railing | reckoner | sky | stairs | streetlight OCR: JUNK FUNDS SPARKLE IN AN OTHERWISE DULL MONTH FOR BOND FUNDS July was fullol dog days for categories ptbor funds The only exception: high vield corporates a.k.a. junk which returned 2.9% for the month. more than twice as much as the two second -place categories -backed and high grade corpprate funds The junk mar- ket's 1990 thrashing tarnishes the junkers 12-month prodat however. Since last. August they trail morlgago backed fund. 10.2% to 10.5% Xin 1991 Top performer risk-adjusted Threr Fre ranked by one-year return years imeg Telephom U.S. GUVERNMENT BONDS FPANeN 10.0 96.8 640 $1.500 800.421 -4374 erican Capital Goement Securitlle 5.8 11.6 35. 45.0 500 800.421-5666 3ValueLinaU.s Gavemment Socuritles 6.0 33.7 525 8 1.000 800-223-0518 Piporlaffray Income 6.0 11.0 29.3 8.8 250. 800-333-6000 ...