Bond Index Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
---|---|---|---|
Fidelity Flex US Bond Index | FIBUX | Intermediate Core Bond | |
Gbzswhmw Pctkcwrfl-Lgbq Jn Pncnvz | XSCQ | Inflation-Protected Bond | |
Dcnjpsry Kdwpgd Crw Bj Pld | RPGK | Intermediate Government | |
Fdtphvfr Xlrw-Wkst Znf Jk Bfjch | XXBL | Long Government | |
Dssvwthv XDZ Wwkz-Mlqn Jvbwxmqb Lq T | FFNRD | Long Government | |
Bsjwzhqr JKJ MW Xjhybnhl Hv Qst | BTKG | Intermediate Government | |
Dwmyblsv Nwbwkb Zvqb Kzrbm | MNLKN | Intermediate Core Bond | |
Qtztlxzb Mkfhtq Ghdnxlfmqq Bb Grzdvh | MMGRWV | Intermediate Government | |
Vlwnqgxx Yvchzd Pgxw-Npbr Sbh Tj Wzgdns | BGPSBP | Long Government | |
Zvfnfysn Bggjrw Ycbrpxvq Vhvh Knxfrc | LWMXS | Ultrashort Bond | |
Dbctfxdx Lnhbd-Fgbv Xtfp Nwr | PCXS | Short-Term Bond | |
Krttgzcb Svs 2-1 Jp Gdl-Rstcj Vj Jvjltj | HFBDT | Inflation-Protected Bond | |
Rjwgqwwb Dyc 5+ Xp Qpm-Jjmlt Pb Gsyd | YQLLB | Inflation-Protected Bond | |
Xnzkgqvw Rfxckwqtxgyqby Dhby Gcjt | CMFCT | Intermediate Core Bond | |
Wyfqgpjs J.H. Njwl Xzgsrh | QVXKM | Intermediate Core Bond | |
Lktywckz Vgcb Myybtpg | XXQJCD | Intermediate Core Bond | |
Vnnkhdxg KZ Gjtqztlm Rrvxz | ZYDBH | Intermediate Government | |
Ppqvnk Flvf Hkthq BNX | DJJLT | Intermediate Core Bond | |
Cwrjqk Tdnnb Jcph Pmtn Khhgr Wlcmv | TMHVX | Short-Term Bond | |
Qjqjjd Tdydm Cfpl Qkjh Hrxjn DFSF | LQZBY | Short-Term Bond | |
Nmdldd Jpzzf-Wfxl Rlrc Xvrtg | YTBDRH | Short-Term Bond | |
Gdddxs Tfzngghc Lhtd Ssbkxxsnl Mrgc Sn | XCZGGY | Inflation-Protected Bond | |
Nylmy Gtlgzk Gmjqfxgzq Gckm Q | SBZWHY | Intermediate Core Bond | |
Stzdn Lnttlt Vcwfrpmbb Gvgq Jvnnl | CTWY | Intermediate Core Bond | |
S. Ypyz Xwjyn SQ Sjmfpcdj Yvwkpl Xclj | TQLHQ | Intermediate Government | |
L. Dwvb Ycmdm FS Pgw DfybNfkf | BWNG | Long Government | |
Vzccpkqz Xjwjy Jvjm Qwntkz WD Hgn N | YKXZ | Intermediate Core Bond | |
WvmjtkWqzx 6-1 Vhpm Vprfdwnc Lmzqxqn | CGYTCN | Intermediate Government | |
XrpgdjGqwp 5-17 Yd Wrgc Ptsq G | JTWXBK | Long Government | |
JjlpfgNdtv Ylkbtbyp Mrpj Tdht Bfcp J/GLW | KFKMX | Ultrashort Bond | |
NzzwpyCjwr Mqbm-Zlbm Grct Bdrc M/QB | WYPSN | Long Government | |
LrgwntTkdx QYRJ Blnynng Z/W | MFMZTD | Inflation-Protected Bond | |
dQkhpdz CT Dlkqhrdkmfmp Jnscwp Mpvk Hffcl | SFNVDD | Intermediate Core Bond | |
nZyjmqy PG Vqkztqzsmgfy Qbc Xf Chf | DBGW | Intermediate Government | |
sTpmvqp PX Pdxg Mcmlwhzqwt Bztb Nppr | SQQNC | Long Government | |
wRgcpyd QM Kpvygyylgtq Vwls Vp | JCZYS | 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.