Rating bond funds against their peers, we awarded A's
to these funds:

FUND                                        TOTAL RETURN*

CONVERTIBLES
CALAMOS CONVERT. GROWTH & INCOME A**            23.1%

HIGH-YIELD
COLUMBIA HIGH-YIELD**                           6.9
JANUS HIGH-YIELD**                              9.4
MOSAIC INCOME TR. INTERM. INCOME***             5.4
STRONG HIGH-YIELD BOND INV.                     8.7

INTERMEDIATE (GENERAL)
FEDERATED TOTAL RETURN BOND INSTL**.            6.7
FIRSTAR INTERM. BOND MARKET INSTL.              6.0
HARBOR SHORT DURATION**                         6.0
JANUS ASPEN FLEXIBLE INCOME INSTL.**            7.5
MAS INTERMEDIATE DURATION INSTL.**              6.1
MFS LIMITED MATURITY A**                        5.2
MONETTA INTERMEDIATE BOND**                     6.7
J.P. MORGAN INSTL. SHORT-TERM BOND              5.8

INTERMEDIATE GOVERNMENT
ACCESSOR MORTGAGE SECURITIES ADV.**             6.6
AMERICAN CENTURY GNMA INV.                      6.3
FIDELITY GINNIE MAE                             6.3
FIDELITY MORTGAGE SECURITIES INITIAL            6.7
FRANKLIN STRATEGIC MORTGAGE**                   7.0
MONTEREY PIA SHORT-TERM GOVT.**                 6.2
MONTGOMERY SHORT DUR. GOVT. BOND R**            6.0
SEI DAILY SHORT DUR. GOVT. A**                  5.8
VANGUARD GINNIE MAE                             6.7

INTERNATIONAL BOND
MERRILL LYNCH SHORT-TERM GLOBAL INC.**          4.6
PAYDEN & RYGEL GLOBAL FIXED INCOME R            7.7
STANDISH INTL. FIXED INCOME INSTL.              9.2
STRONG ADVISOR SHORT DURATION BOND Z**          6.6

LONG (GENERAL)
MAS FIXED INCOME INSTL.                         6.7
J.P. MORGAN INSTL. BOND                         6.0
WARBURG PINCUS FIXED INCOME CMN.                6.1
WELLS FARGO DIVERSIFIED BOND I                  6.8

LONG GOVERNMENT
ARMADA U.S. GOVT. INCOME I**                    6.3
DELAWARE LIMITED-TERM GOVT. A**                 5.1
SIT U.S. GOVERNMENT SECURITIES**                6.0

MULTISECTOR
T. ROWE PRICE SPECTRUM INCOME                   6.7
MUNICIPAL CALIF. INTERM.
VANGUARD CALIF. T/F INS. INTERM.                5.9
MUNICIPAL CALIF. LONG
AMERICAN CENTURY CALIF. HI-YLD. MUNI.           6.3
PARNASSUS INCOME CALIF. TAX-EXEMPT              5.9
VANGUARD CALIF. T/F INS. LONG-TERM TAX-EXEMPT   7.1

MUNICIPAL HIGH-YIELD
VAN KAMPEN HIGH-YIELD MUNI. A                   5.2

MUNICIPAL NATIONAL INTERM.
AIM TAX-FREE INTERMEDIATE                       4.9
AMERICAN CENTURY LTD.-TERM TAX-FREE INV. **     4.5
FIDELITY SPARTAN SHORT-INTERM. MUNI. INC.       4.4
T. ROWE PRICE INV. NEAR-TERM TAX-FREE**         4.5

MUNICIPAL NATIONAL LONG
CITIFUNDS NATL. TAX-FREE INC. A**               6.4%
DELAWARE TAX-FREE USA INTERM. A**               4.9
MAS MUNICIPAL INSTL.**                          6.0
PAINEWEBBER PACE MUNI. FIXED INCOME**           4.5
T. ROWE PRICE SUMMIT MUNI. INCOME**             6.0
F. RUSSELL TAX-EXEMPT BOND S**                  4.0
SCUDDER MANAGED MUNICIPAL BOND S                5.6
SIT TAX-FREE INCOME                             5.1

MUNICIPAL NEW YORK LONG
FRANKLIN NEW YORK TAX-FREE INC. A               5.6
NUVEEN NEW YORK MUNICIPAL BOND R**              5.7
USAA TAX-EXEMPT NEW YORK BOND**                 5.9

MUNICIPAL SHORT
STRONG MUNICIPAL ADVANTAGE                      4.3

MUNICIPAL SINGLE-STATE INTERM.
AMERICAN CENT. CALIF. LTD-TERM. T/F INV.**      4.4
BERNSTEIN SHORT-DURATION CALIF. MUNI.**         3.7
BERNSTEIN SHORT-DURATION N.Y. MUNI.**           3.6
DUPREE N.C. TAX-FREE SHORT-MED.**               4.1
DUPREE TENN. TAX-FREE SHORT-MED.**              4.1
HOUGH FLA. TAX-FREE SHORT-TERM**                4.2

MUNICIPAL SINGLE-STATE LONG
ALLIANCE MUNI. INCOME ARIZONA A**               6.1
ALLIANCE MUNI. INCOME VIRGINIA B**              5.7
COLORADO BONDSHARES**                           6.9
FIDELITY SPARTAN CONN. MUNI. INC.               5.5
FIDELITY SPARTAN FLA. MUNI. INC.                5.3
FIDELITY SPARTAN MASS. MUNI. INC.               5.5
FIDELITY SPARTAN MD. MUNI. INC.**               5.4
FIDELITY SPARTAN MINN. MUNI. INC.**             5.2
FIDELITY SPARTAN N.J. MUNI. INC.                5.5
FIDELITY SPARTAN PENN. MUNI. INC**.             5.3
FIRST HAWAII MUNICIPAL BOND**                   4.5
FRANKLIN P.R. TAX-FREE INC. A**                 5.4
NORTH DAKOTA TAX-FREE B**                       4.1
NUVEEN FLAGSHIP OHIO MUNI. BOND R**             6.6
NUVEEN MASS. MUNICIPAL BOND R**                 4.8
OCEAN STATE TAX-EXEMPT**                        4.6
T. ROWE PRICE MD. TAX-FREE BOND                 5.3
RUSHMORE FUND FOR TAX-FREE INVEST. MD.**        4.6
SIT MINN. TAX-FREE INCOME**                     4.8
SOUTH DAKOTA TAX-FREE B**                       4.5
USAA TAX-EXEMPT VIRGINIA BOND                   5.7
VANGUARD N.J. INS. LONG TAX-EXEMPT              5.5
VANGUARD PENN. INS. LONG TAX-EXEMPT             5.7

SHORT (GENERAL)
PAYDEN & RYGEL LIMITED MATURITY R**             5.5
STANDISH SHORT-TERM ASSET RESERVE**             5.8
WELLS FARGO STABLE INCOME I**                   5.7

SHORT GOVERNMENT
CUFUND SHORT-TERM MATURITY**                    5.8
RSI RETIREMENT SHORT-TERM INVESTMENT**          5.0
TCW GALILEO MORTGAGE-BACKED SEC. I**            6.2

ULTRASHORT
EATON VANCE PRIME RATE RESERVES                 6.1
STRONG ADVANTAGE INV.                           6.0


* 1996-2000, appreciation plus reinvestment of dividends
and capital gains before taxes

** More fund data on BusinessWeek Online

*** Formerly Mosaic High-Yield Fund

Data: Standard & Poor's