Quarterly Mutual Fund Update
Fourth Quarter 2011
Commentary: Bond Funds Gain; Stock Funds Falter
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Bond funds saw their total returns increase further in the fourth quarter, capping off a strong 2011. Nearly every bond fund category made shareholders wealthier last year, with five categories generating double-digit returns. Only convertible bond and currency international bond funds posted average negative rates of return.
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Fourth Quarter 2011 Issue:
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