Mutual fund performance

The second quarter started strong but fizzled quickly. Bond funds provided modest returns, and among fund categories only bets against the market including precious metals and bear market funds showed gains. Energy funds and foreign stock funds were among the worst performers. (Preliminary results through June 30, 2010.)

Category2nd qtr. returnYTD return

Long government bond14.8815.90

Equity precious metals10.899.56

Bear market9.160.24

Long-term bond4.027.43

Intermediate government bond3.395.04

Intermediate-term bond2.695.19

High yield muni2.134.93

Muni California long1.973.69

Muni Minnesota1.772.94

Category2nd qtr. returnYTD return

Europe stock-14.33-13.30

Foreign large value-13.90-13.05

Natural resources-13.87-12.76

Foreign large blend-13.40-12.25

Japan stock-13.01-6.67

Latin America stock-12.91-13.07

Health-12.19-6.51

Consumer discretionary-12.19-2.39