Labels:fence | grandstand | hakham | monitor | railing | reckoner | sky | stairs | streetlight | tree | windowpane OCR: ZERO-COUPON FUNDS ZOOM AS FALLING RATES LIFT ALL BOND CATEGORIES Falling rales wurked their toric ellect on all eight pl our lixed-incorne furul calegories July, All posted mouest gains for The month led by funds that invest U.S. Government securities which rose 1.2% The hottest gains for the were posted b the governmen: funds that specialize in highly interest- -Tate- -sensitive zero-coupon securities like Benham 2020 Series, which jumped Not surprisingly, the same Benham fund carned the top return for the past 12 months 33 9% since interes rates have fallen more ot less steadity during that pe- riod. Finishing second for the year was junk bond fund Nat:onal Bond, which climbed 30.3% Portlollo anabsk relan Average Minimum RIst maturit rated sales initfal Tekphon one-1 year returm mont! 19 ...
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