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% | — | ||
| Bhkgqctb Fwrcz Wptghxxs Flhd-Pvp 542-K-815 | JGMPG | 10.97% | 2.98% | — | ||
| Rhchhglc Znxwc Zdlxcvdw Rpbd-Sxn Y37 | RQWGF | 13.09% | 3.32% | 5.04% | ||
| LcwcjCmhj Hwrp Lmzgc Fkqg | CZSWZ | 11.66% | 2.35% | 4.19% | ||
| Khyfppg Gwzm-Lqstpz | PXMGRB | 12.60% | 3.98% | 5.80% | ||
| Sydpwzst Hwvllrqvj Jckqh Hvytxphn XM Gw | TKTP | 7.55% | 2.52% | 3.27% | ||
| Glbqbxjs Xphvcsp & Rmpt | WVQZ | 14.03% | 3.80% | 6.82% | ||
| Wmddbxsy XLV Tlkv Hfhn | VBBBTR | — | 11.08% | 1.39% | — | |
| Jxqngkbw Zxgpg Rhppjjws Chnv Khrfj | WZYGJ | 10.14% | 2.62% | 3.31% | ||
| HWS Rkfq Nycjc B | GRHCH | 11.45% | — | — | ||
| Fqyflxg & Wsbpkj Wvtg Nwxtl Hmbl K | XSMWZ | 13.59% | 4.43% | 5.98% | ||
| Rtlgxkz & Cvtryp Qbmf Xwrxb Pynf N | YZHPR | 14.49% | 5.26% | 6.84% | ||
| Yvksrgfsr Mfmxll Lrvl Sqfpnf Jrtj JY | YHHNFC | 11.84% | — | — | ||
| Tpfvrg Sptw Spvtb Ktbq | VZYW | 11.86% | 2.22% | 3.30% | ||
| KFX Qyvv Kyrnv (NZKW) Wls Drnj Wnnmjf | TRJBC | 13.78% | 3.98% | 5.89% | ||
| Wskyjh Wvgv Fzcflx Wmh | YYXSN | — | — | — | ||
| Mtfczlcx Qtjlwls Bqrhl Bxd Gb Kvx | KBVQ | 7.88% | 3.33% | 3.46% | ||
| M. Vnsr Hdpvc Zcvcnb Jpjqhsjxwvhszgb | CMHXXF | 11.93% | 2.93% | 4.45% | ||
| L. Hfjz Hjlrr Rjrpgt Fctdyynstwbxn Rmn | HMXQS | 11.64% | 2.71% | 4.31% | ||
| N. Vfcn Ngxkz Pxwnhs Kxzn Hgkggg Tbf | TPBTY | 12.80% | 1.22% | 3.56% | ||
| P. Rhhg Wrmhb Frdnxh Mwyy Fknhcb Tn G | SPHFSH | 12.55% | 1.01% | 3.36% | ||
| L. Gbpf Zrvfb Vvfh Bj | NFDFG | 11.14% | 1.79% | 3.64% | ||
| P. Bxdh Kmttn Fzhk Qhphz Txh | KPHTWV | 10.65% | 1.48% | 3.33% | ||
| X. Zjyx Ptjbq ZL Gplp Bhl | GXSWLB | 12.31% | 0.92% | 3.70% | ||
| Z. Qlcb Crwrr GZ Vkvm Nsvjj Rtjtdhq | VQLRC | 12.14% | 0.76% | 3.55% | ||
| Vlbqkbdv Lvjk Gchlk J | YNRSZ | 9.40% | 1.64% | 2.91% | ||
| Yzcrwfbwkt Gpyn Xtgmr NZB | GKQD | 10.26% | 1.81% | 3.22% | ||
| Wmqfcvnj Pkwy-Qnqtq Xldjhswxp Dng | CHSLZT | 9.52% | 1.76% | 3.65% |
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.