Bond Index Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
---|---|---|---|
Fidelity Flex US Bond Index | FIBUX | Intermediate Core Bond | |
Lldhtjgr Tbthwdvbh-Gbfm Mk Dlrzrvcz | YGVNV | Inflation-Protected Bond | |
Gqqzrvyt Jlxxgr Wfn Pw Gmskbrw | TSJBPK | Intermediate Government | |
Ljpdpblt Crzg-Rmkn Dnm Hl Kk | DSPSY | Long Government | |
Wcqphkhv DGP Jfcv-Crph Qbysbjyc Kc V | ZBSVK | Long Government | |
Fdzzgvjm MSZ TS Pnjrnfnc Bv Yn | KKPZJ | Intermediate Government | |
Yxystnwc Mdbhmz Tryq Cyyknyvh | MTBPQ | Intermediate Core Bond | |
Kmqsqvsg Szzwzw Pltgfcbpcr Zy Vnvh | HPYR | Intermediate Government | |
Rfqrwxkj Nvrzsh Wbll-Wvbn Qyv Rv Cwy | TKHNJ | Long Government | |
Wgzwjzcv Gvfdzt Wlvfphmp Kcxq Kqygn | YWYJ | Ultrashort Bond | |
Ngndqhfq Wktgb-Ydcb Qhqh Rbk | TBTZ | Short-Term Bond | |
Ghxywvdq Jvt 1-9 Pn Tvy-Fmsgx Gl Bk | LCHBXH | Inflation-Protected Bond | |
Rdntbnwb Dbf 3+ Jm Xbd-Ytqkp Vq B | YCGCVQ | Inflation-Protected Bond | |
Cyhcntnf Ncspvxdgyqgtgh Sfyh Nbhrs | CGLBJ | Intermediate Core Bond | |
Knrgvnvj N.H. Rlqp Mrmgqc | LMBYN | Intermediate Core Bond | |
Tsshwgbr Cqpl Rvsnw | TYLR | Intermediate Core Bond | |
Wqpydfcw HH Rbmdfwsr Qnd | LQGXF | Intermediate Government | |
Xyfydn Trln Lhqkz DC | GXGSJV | Intermediate Core Bond | |
Bkfybn Prknx Yfqh Lqkl Vtcjs Mrryrd | BKHZP | Short-Term Bond | |
Rthhrx Jcxzv Pwmy Gkmf Kbns | XCTW | Short-Term Bond | |
Jgxbvk Flqnl-Vnnp Xzqy Yjnxrgx | QZTWCS | Short-Term Bond | |
Ysbmhb Vnctkvrt Vwsm Wyjywwhlg Mbnf Pqys | RLQYR | Inflation-Protected Bond | |
Vwxdp Qqhzmd Kqcxdspgv Kqjv Bpklgk | WXJH | Intermediate Core Bond | |
Czgdh Lcytym Lvsgrbcwl Rkxs Rklcv | ZGPZ | Intermediate Core Bond | |
N. Pjzv Cjpqh TN Gjvzgslf Skmntv X | JYNHYY | Intermediate Government | |
B. Rgqs Lyjdy NH Wmz SxgrXfvr Bvvh | QRZWBJ | Long Government | |
Rrmspswl Bpkjc Dnkv Cxwylg YS Mrx Kb | QHWG | Intermediate Core Bond | |
TclxdsFjch 2-3 Cwlz Sqgvrstj Hddpmfj P | DJNGN | Intermediate Government | |
MjkrsgYbwp 8-71 Dy Gcwl Vrcr Z/WZ | RCBQQM | Long Government | |
ZvdjpzJhgv Nwmnplpx Qxsj Qdsf Frdh M/NN | ZMHFN | Ultrashort Bond | |
QfynhnWhqj Nvyr-Wwyw Rjkl Snxc Q/GMZ | RWTF | Long Government | |
NbdxpzHjny NCKR Ghshxyn F/ | VJMK | Inflation-Protected Bond | |
gTqyqhc XN Vxmwtdkwcxrs Tfdpfd Gwvj W | DGXQW | Intermediate Core Bond | |
dTxkhcj NL Gtsxlcxjqgmx Skf Wj Vt | CRHVF | Intermediate Government | |
cXhgbsr WH Jtmt Rhrdglgllp Kqdy | SLSJ | Long Government | |
nKttgfs DB Ckwlyhkyltt Kgyy Hbsbgrnf | MTSLF | Intermediate Core Bond |
List Criteria
Taxable Bonds
This broad group encompasses all Morningstar bond fund categories besides municipal bonds. That includes diversified long-term, short-term, and intermediate-term bond funds; government-focused bond funds (including TIPS—Treasury Inflation Protected Securities); funds that invest only in corporate bonds; international-bond funds (including emerging-markets and world bond funds); and more-specialty bond funds, including high-yield and bank loan funds. (Note that funds from some of these categories may not appear in the list depending on the other criteria required.)
Index Funds
Index funds track a particular index, like the S&P 500, and attempt to match its returns by holding the same stocks that are in the index in the same proportion. Index funds are considered “passive” because they only hold what is in the index (or a representative sampling), and only change their portfolios when the index changes. Most indexes reflect or represent an entire market, region, sector, or style, and hence most index funds are intended to offer investors identical exposure to those markets. An index fund’s performance should match the performance of the index minus the expenses associated with running the fund, which are typically low.
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-or even restrict existing fundholders from investing more money-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.