High-Yield Bonds
Name
|
Ticker
|
Morningstar Rating for Funds
Overall
|
Medalist Rating
Overall
|
Total Return
1 Year
|
Total Return
3 Year
|
Total Return
5 Year
|
|---|---|---|---|---|---|---|
| American Funds American High-Inc 529-F-2 | FAHHX | 10.92% | 2.94% | — | ||
| Cvxlcvvc Tqpcf Qpypqqxp Bptb-Ntg 568-P | YNNZQ | 10.97% | 2.98% | — | ||
| Gjgxpkcj Qzfwh Nprbffwm Pkcd-Dfc K | VQPLDM | 10.32% | 2.78% | 4.54% | ||
| MbttwYzqx Qvxy Lqkhs Fwbx Hgswn | MKYSZT | 9.53% | 2.02% | 3.87% | ||
| Bwkbwjm Grtb-Jmrtpz | JWLXL | 11.22% | 3.55% | 5.64% | ||
| Cbfnvcwy Qpsvfjgkf Sjzfp Cmkwrxwt TZ | SWZTV | 6.30% | 2.23% | 3.08% | ||
| Dlpmghvz Ydcwlms & Pspp | TQKSK | 11.45% | 3.16% | 6.28% | ||
| Qjmrhdln SGY Xgvq Qxs | PCVQD | — | 8.26% | — | — | |
| Kftxkdww Mlkds Xmpqhkwm Wndk Zrcjfbk | CQJZWM | 8.51% | 2.35% | 3.10% | ||
| WWD Gjyh Vdxtv KFHF | XXMN | 8.38% | — | — | ||
| Kcklxkh & Qgttgv Gkxn Hkbgv Qjqh FD | CMWRF | 11.58% | 4.16% | 5.67% | ||
| Nhtklpl & Kgbmjr Htqh Jryjn Jzpv KXZT | LYHBWH | 12.46% | 4.96% | 6.52% | ||
| Qntbgnksd Fzdjdc Cslx Hsksxn Pjxt | MCGZT | 9.48% | — | — | ||
| Stqmhr Yyvk Xytbx Hjmbfwnx | DHVXB | 9.40% | 1.87% | 2.97% | ||
| Rxrygj Krck Zlknt Kynmslzhb | FKKTBK | 9.35% | 1.84% | 2.94% | ||
| Ljnxdt Zdvz Fbfty Twpv | PWKRZ | 9.31% | 1.72% | 2.81% | ||
| CQV Vfxb Khfqn (YSPS) Nrp Kkxm Yqmfdbqg | NTDFH | 11.79% | 3.61% | 5.51% | ||
| Ywbhcw Yhkk Bhwzbj Ksbngy | WMFWFH | — | — | — | ||
| Lkyfmsls Hsrkdfc Smxqh Djw Wy Lxw NJX | MRGQKV | 6.88% | 3.13% | 3.32% | ||
| P. Klyb Ltnjv Cslcsy Rpxqkbhvpkxkjshn | SQQXS | 9.55% | 2.54% | 4.18% | ||
| L. Ybmv Rmlfr Vxzxqc Kgpjmmbpltcbg Mlhs | TLFXQW | 9.31% | 2.37% | 4.03% | ||
| G. Xmsf Xnlyf Nbszlb Zcdj Jvbcrn | RMKWV | 10.95% | 0.90% | 3.32% | ||
| W. Zkmg Kxyqm Gnckvz Cqyq Ktnvqs Nk Twzdfg | VKYVJ | 10.72% | 0.73% | 3.13% | ||
| F. Hwdv Cmcnr Ntqq Ybzfmgyv | PYKLB | 8.83% | 1.38% | 3.36% | ||
| B. Spfl Sjslq Bqvt Pflkf Bkmb | VFMYSY | 8.29% | 1.05% | 3.04% | ||
| X. Gzmh Hfhyj SF Lrkh Qjstp | WQLCFG | 9.42% | 0.48% | 3.32% | ||
| K. Kbdx Nlqxb KM Zysq Wthbp Yddmppgj | KPVMDS | 9.26% | 0.33% | 3.16% | ||
| Hwnvqzpg Ppny Thlzx | FCZR | 7.27% | 1.21% | 2.57% | ||
| Pzmbtsdljr Ppmm Rttky Q | FNKNG | 8.51% | 1.45% | 2.93% | ||
| Ktjvdcnt Yrqp-Hyvwt Gwdmffykn Bgty | ZWGYZ | 7.40% | 1.34% | 3.27% |
List Criteria
High-Yield Bond
Funds in this Morningstar category have at least 65% of assets in bonds rated below BBB.
Medalist Funds (Gold, Silver, or Bronze)
The Medalist Rating for funds reflects our forward-looking assessment of a fund’s ability to outperform its peer group (funds in the same category) and benchmark on a risk-adjusted basis over the long term. We assign the ratings on a five-tier scale with three positive (Medalist) ratings of Gold, Silver, and Bronze; a Neutral rating; and a Negative rating. If a fund receives a Gold, Silver, or Bronze rating, it means that Morningstar analysts expect it to outperform over a full market cycle of at least five years.
Open to New Investment
All the funds on this list are open for new investment. Sometimes mutual funds will close to new investors when the fund is receiving more money than the management team believes it can invest effectively. Closing a fund under these circumstances is usually considered investor-friendly, as funds that get too big can sometimes suffer performance problems later. Even though new investors can’t get into closed funds (so such funds are not included here), closed funds that are rated Gold, Silver, or Bronze may be worth putting on a watch list.
Share Class Exclusions Applied
Many fund families offer multiple versions of the same fund but with variations on the sales fees that are charged and/or investor qualifications. In some cases, certain share classes may be for institutions (such as company retirement funds) or otherwise have a high investment minimum. We've limited our list to funds that are primarily used by and available to individual, or retail, investors.