Lipper Snaps US-Monteagle tops U.S. bond funds in Jan.

BOSTON, Feb 3 (Reuters) - An intermediate-term bond fund managed by
Nashville Capital Corp was the top performer among U.S.-registered bond funds
in January, data from Thomson Reuters fund research firm Lipper showed on
Wednesday.

Monteagle Fixed Income LP40049682, managed by Vincent Russo, Robert
Prorok and Craig Cairns, returned 4.88 percent over the month, beating an
average 1.00 percent gain for U.S.-registered bond funds tracked by Lipper.

The fund, managing $36.50 million at the end of January, is up 8.49 percent
over the past 12 months. By comparison, U.S.-registered bond funds have posted
an average 15.17 percent gain.

Following are tables of the best and worst performers in January among
U.S.-registered bond funds listed in the Lipper Global indices. Performance is
shown in the fund's local currency and may reflect declared dividends.

The tables use the latest available data and strip out smaller players.

FUND LEADERS
Fund name 1 mth (%) 3 mth 1 yr 3 yr 5yr
1. Monteagle Fixed Income 4.88 4.35 8.49 11.21 12.57
Fund LP40049682
2. American Century Target 4.49 -1.37 -4.34 16.32 21.34
2025;Investor LP40020470
3. Direxion Monthly 10 4.11 -3.26 -7.80 46.66 NA
Year Note Bull 2x Fund;Inv LP40098229
4. Legg Mason Western 4.09 4.26 25.83 20.15 NA
Asset SMASh Series M Fund LP40113232
5. John Hancock High 4.07 16.12 92.00 1.90 NA
Income Fund;NAV LP40108695

FUND LAGGARDS
Fund name 1 mth (%) 3 mth 1 yr 3 yr 5yr
1. Johnson Enhanced Return -2.84 5.10 38.21 -16.66 NA
Fund LP40109240
2. YieldQuest Tax-Exempt Bond -2.79 -3.34 -3.05 -12.49 NA
Fund;Institutional LP40106383
3. Merk Hard Currency -2.34 -2.16 15.52 21.83 NA
Fund;Investor LP40101259
4. Direxion Dynamic HY -2.21 3.96 7.89 -9.29 -2.46
Bond Fund;Investor LP40095895
5. YieldQuest Total Return -2.14 -1.48 7.61 -15.34 NA
Bond Fund;Institutional LP40106384

Lipper, a Thomson Reuters company, provides independent insight on global
collective investments including mutual funds, retirement funds, hedge funds,
fund fees and expenses to the asset management and media communities.

Lipper is the world's leading fund research and analysis organization,
covering over 200,000 share classes and more than 110,000 funds in 59 markets.
It provides the free Lipper Leader ratings for mutual funds registered for sale
in 27 countries. Additional information is available at www.lipperweb.com.
(Reporting by Aaron Pressman. Editing by Robert MacMillan)