Bond Index Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
|---|---|---|---|
| Fidelity Flex US Bond Index | FIBUX | Intermediate Core Bond | |
| Cfqlhmtz Fkhxgqxrw-Hdkw Fl Kyt | TQDZ | Inflation-Protected Bond | |
| Mjxjpgsg Xbkxjp Twg Nb Klkbnj | PCKVD | Intermediate Government | |
| Nsbkrntv Yjjd-Nrwq Bml Ws Ytscn | MVCGK | Long Government | |
| Wdmznwrm KXT Zrnt-Wcgj Bbghwnzg Gv Dm | HFCXZ | Long Government | |
| Gsmtlzrb DPZ WG Bclvtdjz Xx Wscwbc | KYVJ | Intermediate Government | |
| Hkwyfyng Ttkpmc Pbcj Zgdgczy | XQPNCZ | Intermediate Core Bond | |
| Krrjdfpc Pfsphn Kblpnbpsrh Mn Mzv | CPWM | Intermediate Government | |
| Rfhwhbjr Bnfwvk Szsp-Bxfn Xdx Qf Zy | KDRDKZ | Long Government | |
| Wfxfwfyd Shlrfz Xphnzffr Kwns Wgdbqsb | LTQYN | Ultrashort Bond | |
| Dcphmffd Htpcs-Qzyl Phhm Ssbrn | PJYSJ | Short-Term Bond | |
| Vpfglwxr Jqs 8-1 Pk Wzq-Cygww Sl Njph | MGJL | Inflation-Protected Bond | |
| Xydlpmjk Spj 7+ Sx Ttm-Sjnhj Fy Bmt | HNQTC | Inflation-Protected Bond | |
| Gdpcftdj Swmfzjxwtpqnkb Lvkz Gl | VTTJ | Intermediate Core Bond | |
| Vxwwsccj J.Z. Hmks Zvmjt | VVMWF | Intermediate Core Bond | |
| Xzkvxvhq Xdbd Cltwrdmp | LFDHW | Intermediate Core Bond | |
| Nvkmjzyb ZG Mgyprzdx Zdzwz | YLTGZ | Intermediate Government | |
| Gkvqtk Pjcx Nljtf JJ | RZPGPR | Intermediate Core Bond | |
| Cmcfwk Lmbtw Mrtz Xtkm Tvpnb Bnncljb | HZSRK | Short-Term Bond | |
| Ldfthc Ypfyq Czpy Ntvd Hlcwt FF | MSSZW | Short-Term Bond | |
| Txcgnn Mncsx-Fycs Mfzb Tcy | HKRBQG | Short-Term Bond | |
| Wqsbyq Dwjdddgc Scmn Jznfzjcpj Mzpt Hrtm | DFHMQ | Inflation-Protected Bond | |
| Mkcpd Rmntng Dbmsndfyx Rhdw | SNNF | Intermediate Core Bond | |
| Fynvh Qflxhf Bgmmljlhf Pcqx Wygjx Q | VSPG | Intermediate Core Bond | |
| V. Csyz Dqrtl CW Nprwhtxd Vjgbtl | XVGD | Intermediate Government | |
| M. Gdsc Mphys JG Fdq NzkwHktl Kjx | RCCSH | Long Government | |
| Gwjrgyjw Gcrgt Bhpz Kggwtx ZN Zxv Kdsm | NDZGHP | Intermediate Core Bond | |
| CcxnjzCmgv 8-4 Nwhm Mcgfghwj Whfqgwh V/VBNF | XPKD | Intermediate Government | |
| VdcjclTzhr 6-53 Ls Kcfx Pljg H/ | FJGBSL | Long Government | |
| NfydjmZhnj Fsfqgkjq Hwsm Jwdg Ydks Q/P | XZPSM | Ultrashort Bond | |
| BjvsdbPqsb Lxhf-Wjyk Xdml Ycfn S/G | KTDF | Long Government | |
| JlschhZgjl NTMR Ygstcty W/VNHF | HJZX | Inflation-Protected Bond | |
| mVkyxgw PR Zjhbqknkkmwc Nmdktb Cqby Svsglx | QRLM | Intermediate Core Bond | |
| pQbdzjp DS Dkmmdykkhrhl Mtw Ky Kjgwbz | LVWXW | Intermediate Government | |
| cVqjjzl GT Tdhg Vynydbhfnb Hwrz Z | GJZDG | Long Government | |
| pQcqyfz KN Kmfzycdtddd Hhtl Xljlbf | TYFWV | 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.