NEED IMFO ON SALMON BROTHERS INCOME FUND   [HIX]

---

Request for Question Clarification by omnivorous-ga on 07 Nov 2002 09:47 PST

Nat --

What kind of risk analysis are you seeking?  Do you have a prospectus for the fund?

Best regards,

Omnivorous-GA

---

Clarification of Question by nat2-ga on 07 Nov 2002 10:44 PST

THIS CLOSED END FUND[NYSE---HIX] IS PROBABLY JUNK BONDS. IS IT MANAGED
WELL? IS THERE IS THERE A GREAT DANGER OF LOOSING YOUR INVESTMENT
CAPITAL ?

---

Request for Question Clarification by omnivorous-ga on 07 Nov 2002 10:58 PST

Nat --

Risk assessments are difficult.  This is indeed a high-yield bond
fund, often referred to as "junk" bonds.  You might be interested in
seeing the July 6, 2002 annual report posted at the SEC website to see
what their holdings are:
http://www.sec.gov/Archives/edgar/data/1058239/000095013002004811/dn30d.txt

Researchers are often asked to predict financial information, which is
a risky proposition at best.  Movement in high-yield bonds depends on
holdings, interest rate moves, interest rate volatility and many other
factors.

The best we could do is give you some indication of past performance
and ratings from bond rating agencies.

Best regards,

Omnivorous-GA