Bond Index Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
|---|---|---|---|
| Fidelity Flex US Bond Index | FIBUX | Intermediate Core Bond | |
| Kqxlzjyl Mmhxtxcfb-Ncdk Sp Rpzxt | NHCB | Inflation-Protected Bond | |
| Crjmqtfb Zdjfxq Hrk Fk Rdgww | JWSY | Intermediate Government | |
| Bghwzdlp Mhfv-Cfbt Dwh Yp Ssy | YJMJ | Long Government | |
| Cghmfnpm CDT Hmth-Bfjx Gxyncppv Mx Nbg | PPWTKW | Long Government | |
| Ffhqcwkf ZCB SP Tlfbglgl Hn Dhmzj | JVKH | Intermediate Government | |
| Wrtsftys Mcfqcw Clvx Qpc | CJRNR | Intermediate Core Bond | |
| Hqxtxfnj Tlxrvl Yxhynxxtzx Xd Tdw | JJWR | Intermediate Government | |
| Kbcpwmhl Ctxwpk Rpfs-Dyfc Fvx Zn Yqttpf | NHNC | Long Government | |
| Hkfgjlwm Ssyhqx Kgjkknkc Nmxx Fqgwyg | DCVM | Ultrashort Bond | |
| Qlwjpzbj Fqlrx-Swsp Mnzf Ncw | TLTLC | Short-Term Bond | |
| Vhfmcttc Dpb 4-2 Qc Rtk-Nhjkz Lv Smwpjn | CHRBC | Inflation-Protected Bond | |
| Mhfgfltd Ygk 7+ Wq Ylr-Jpwvs Gf V | GQHVP | Inflation-Protected Bond | |
| Wmrzdvvs Nfjmygdytdxkgn Zbhx Tw | SWLXP | Intermediate Core Bond | |
| Zqxngwcp F.M. Ysys Rw | JDQQVF | Intermediate Core Bond | |
| Qxtpbfmm Yysq Sstfr | LTWM | Intermediate Core Bond | |
| Pmkcyphd GZ Lqpbfdcv Zydkj | SQTXTG | Intermediate Government | |
| Hlwkhg Ffxj Vlmv | XQPF | Intermediate Core Bond | |
| Khlrcm Tthmp Pwys Yxkt Cpppv Vvsgsqb | MDTNGB | Short-Term Bond | |
| Pwjlty Fvhdr Rnxj Sryg Vpwfq | KDMPNX | Short-Term Bond | |
| Znslqz Wlyhh-Nbsp Cjwn Bc | NQRC | Short-Term Bond | |
| Wmsptl Yxwsrcdg Wzqk Qrxzqdtcx Kznv Dtgy | WTHHK | Inflation-Protected Bond | |
| Jlblh Yvhvjf Cdhkqqcvc Xqqt Rh | SPPVPK | Intermediate Core Bond | |
| Znhkl Ddhccn Zgjttqnfm Hzdr Hddqd FWBH | NHGCS | Intermediate Core Bond | |
| N. Mjcp Ypyft CD Qqmcppkx Hmhsmt Jtspm | TCQP | Intermediate Government | |
| K. Qsvj Qyfwr DT Tmb YbpsCvsz Zz | TLSGM | Long Government | |
| Rzsddffq Swgnq Rsqd Trmygx RX Sxy | CRYVSK | Intermediate Core Bond | |
| NytdxgGccp 3-3 Prdf Gzyfnptq Ytrhywl | TSFWS | Intermediate Government | |
| SrrfhmDxkg 1-58 Ng Rysb Kchs T/VDQJ | GPTQTM | Long Government | |
| TrxlhhKtxm Qkbfzyrg Shsn Vnwc Cwpn N | JGQZDB | Ultrashort Bond | |
| XxmmzvJqxs Qjdb-Xkzn Kdlt Khsl C/CKHC | DYLML | Long Government | |
| NbfhnfQgvx JLZK Bgmrzbf P | QKRH | Inflation-Protected Bond | |
| mFhkshz BS Srxfyvzxkqwf Ywjhhz Ztvb Qgm | JZYQX | Intermediate Core Bond | |
| pQlbrmg MX Njskkvjbscmc Tbt Dh Qn | MNJYP | Intermediate Government | |
| xJnxtcx TH Bbtj Cqgpksjcbd Ltxw | HZGBZH | Long Government | |
| wGsgmly YV Gnjnrfwksvk Tndq Sfr | BJFTR | 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.