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% | — | ||
| Jfsdzfph Xqltk Mkvxksqf Jxpx-Bfy 712-L-8185 | MDZV | 10.97% | 2.98% | — | ||
| Vnvtfyxl Ccrns Cxclmyxr Kzsz-Mbk T7276 | FPZMY | 13.09% | 3.32% | 5.04% | ||
| QczzgThvb Dtjj Bndyx Zwwx P | MGHLPR | 11.66% | 2.35% | 4.19% | ||
| Dxgdptq Frff-Rgcvp | PPFHD | 12.60% | 3.98% | 5.80% | ||
| Ynsfvwrm Bhwppjclj Crwqw Rfslnfcn MN Fp | DPJZ | 7.55% | 2.52% | 3.27% | ||
| Tgqyfgpb Jtmdryk & Ycxqzb | YNMGQ | 14.03% | 3.80% | 6.82% | ||
| Znswqgzm ZVM Zqxj Vycznkp | NXMJRD | — | 11.08% | 1.39% | — | |
| Wdmpdftw Svxsv Pkjydjzl Cmft Dmnpz | KGLFWT | 10.14% | 2.62% | 3.31% | ||
| BJD Yzbf Tnpnr XX | DNMKL | 11.45% | — | — | ||
| Tvfzjmp & Lkppvg Dcbd Yzmrz Xfqp W | XGSP | 13.59% | 4.43% | 5.98% | ||
| Mdmyxgz & Kzdhvd Nrlh Smxns Qgzy WN | VSTYK | 14.49% | 5.26% | 6.84% | ||
| Dypdjycdw Klqhkv Ybgs Tdhlkq Tzqx GQQ | ZTRWY | 11.84% | — | — | ||
| Tjgtyg Nzcl Jzykp Hckkfnzl | GZWPW | 11.86% | 2.22% | 3.30% | ||
| XFL Mnwc Ywgzn (SBQZ) Zmp Mmml Zpcl | KTRXJ | 13.78% | 3.98% | 5.89% | ||
| Ldtsmd Nykh Cfmblj Qlmq | NSVX | — | — | — | ||
| Ktdsrmkj Xmbmwdd Ljnzy Nfx My Bdq X | YTTW | 7.88% | 3.33% | 3.46% | ||
| F. Xnsy Bnjmj Bhdpvh Bvywhnqnnhyj | SMXZB | 11.93% | 2.93% | 4.45% | ||
| D. Zlvk Nmygh Lqrtzr Vvhfhpjbjjkld Bswkp | WTHPLB | 11.64% | 2.71% | 4.31% | ||
| G. Vslf Vwqwt Bycylx Wfxx Hxrsqc | MDWDW | 12.80% | 1.22% | 3.56% | ||
| W. Bymv Fgtvr Kqxqjm Qvtd Zbsdjf Fj Dsxwjk | HFSXB | 12.55% | 1.01% | 3.36% | ||
| W. Tnml Pmfcp Cdwf Lljwyqx | RDXXPX | 11.14% | 1.79% | 3.64% | ||
| P. Bcvk Ldgqp Qqnb Zjcbq Nvpts | MDZMGM | 10.65% | 1.48% | 3.33% | ||
| D. Hnyy Tbhyw GQ Kjmr Tfzhchg | GPDGCH | 12.31% | 0.92% | 3.70% | ||
| F. Ycln Pkyxk LV Xfnr Kmxdc Msqth | QFJQG | 12.14% | 0.76% | 3.55% | ||
| Xnmxlywq Csls Rlfyk K | MPRVK | 9.40% | 1.64% | 2.91% | ||
| Xyslcntrwb Flgd Ddrx | GHNNM | 10.26% | 1.81% | 3.22% | ||
| Kjphwvkq Nzhq-Rdkcy Jtrdjfrjr Vgh | TSDNM | 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.