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To: John Pitera who wrote (37336)	4/29/1999 5:51:00 PM
From: Bonnie Bear	Read Replies (1) \| Respond to of 86076

John: DUC is my favorite..notice it hardly lurched at all during the october meltdown..it's a mix of utility, telecom and long govt bonds, noncallable 9-11% stuff..for this reason it tends to trade above NAV (I kinda think it's worth it) GSF looks interesting also, it holds some treasury zeros and foreign stuff so it's more volatile. I own RFI and RIF for reits, and DNP for utilities (it's about 25% bonds) Parent company of DUC and DNP is PXP, a fast-growing microcap. If you want something from a big-name outfit, John Hancock runs several closed-end funds with mixes of income securities: JHI, JHS, DIV, PGD call 800-843-0090 for info (it's hard to get info on closed-end funds because they don't spend advertising money) The closed-end funds have either quarterly or monthly dividends. I also own franklin's FT and FMI..it's a mix of junkier junk and undervalued utility stocks and income du jour. Mostly you need to be patient and buy closed-end funds when they are sinking and trading at par or discount, or plan on reinvesting the monthly dividends. JHI and JHS mix corporate and govt bonds, PDF/PDT/DIV/PGD/PPF mix preferreds and utility common stock. I steered away from preferred because a lot of companies will call them if interest rates stay low, a mix of high yield and corporate is probably better risk/reward. You might also ask M Burke or lurk on his thread... FWIW- Bonnie