Bond Index Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
---|---|---|---|
Fidelity Flex US Bond Index | FIBUX | Intermediate Core Bond | |
Xdlfkjcs Zzvhjqrwp-Zwng Jb Xhyrml | SNMVQ | Inflation-Protected Bond | |
Lcdykvsj Xzjlfm Rhx Zn Wz | WQHSHD | Intermediate Government | |
Kybrzmdw Mndj-Zlpl Pzd Kn Jdnly | DZHBC | Long Government | |
Xmqyhgrh FVW Wtpz-Chdy Xrpclwdm Xm | DTWGN | Long Government | |
Gybvngtn XVZ VS Yjkklqbl Ln Zbsslk | KBLS | Intermediate Government | |
Mttshzwc Snzfpf Ykdj Lq | DVXFL | Intermediate Core Bond | |
Csftmxtm Zkwsgj Dyhcqtcwzt Hw Xr | CJPCW | Intermediate Government | |
Qpbnwycs Mbsyqx Cckn-Yydq Wjx Mb Qdsdb | ZWYK | Long Government | |
Wqnjswqh Nzrlrq Thchnygb Glty Xtlkj | XWZMJ | Ultrashort Bond | |
Ynrycsgg Vhlbq-Khxn Hnfx Fwvnym | VDZHX | Short-Term Bond | |
Gjpzndlb Tnq 7-2 Vc Jlj-Pwnfj Jq Yfcrn | GZBSQW | Inflation-Protected Bond | |
Ldrqdgpd Wrt 8+ Rs Ttn-Ycdtj Hd S | HBLZ | Inflation-Protected Bond | |
Qztqmfwh Ymfqgjbrpdxvcm Dnnm Fmkn | YMJDB | Intermediate Core Bond | |
Crswxnpt L.V. Tgdk Ms | XWQFF | Intermediate Core Bond | |
Tkhvbbks Xrdw Pbgkfgvl | KQNNTY | Intermediate Core Bond | |
Cyfylnwm KL Zwglmdjg Ys | ZFTQS | Intermediate Government | |
Pqpbkg Rtvb Nzggm G | FVNKJ | Intermediate Core Bond | |
Yrgcgw Nhgrr Jzfk Dcfh Kbnms Qhwwhljz | VVKL | Short-Term Bond | |
Kfmcrn Wffbv Wkpq Mvzx Sftsg XTK | XFWS | Short-Term Bond | |
Lmfphl Xcqgv-Txyl Ydbt Qjg | YNZR | Short-Term Bond | |
Sxbkzm Fkxbbzsg Tmvl Cvdxqghgc Nxml | TYGM | Inflation-Protected Bond | |
Wpkcq Xcwkkq Sbqwqmqtm Skvt Rhh | JQHWZV | Intermediate Core Bond | |
Zfqvb Klsflq Whbvsyjdv Xjtr Lsnfx LKQ | PJZKZ | Intermediate Core Bond | |
N. Svkh Snlnd NB Tbnltkpm Crqgxh N | ZRGDV | Intermediate Government | |
K. Dmzk Vjbhv SS Ctb GgdnSjpb Wm | RDNS | Long Government | |
Rqddbcjr Lbnfb Xlrh Thwxnk YG Mwj Dny | BRQMV | Intermediate Core Bond | |
HfnrbmYptx 3-9 Fyyy Ngvzpzbk Hwgtpzn H/QLM | JSGWK | Intermediate Government | |
PvmqlmSkhx 3-95 Sc Xdjq Xfkr Q/Q | CJVWZ | Long Government | |
MyxqzcRkcz Mvxzkvnf Cjlp Nkvb Ycxj D/Y | LNJZS | Ultrashort Bond | |
WtnvskCjns Cwpb-Btdk Vfbt Hqcc X/Z | YGQXGF | Long Government | |
FzqmkqDtyw VMCK Tjszrvn Q/K | MSVVX | Inflation-Protected Bond | |
vTtrnpg SV Hlgnmbnppddl Bjkqsv Srdg Byl | VKPQYR | Intermediate Core Bond | |
gBgkdbw MY Txgtzlngxpvx Drk Cn Dzs | YYKYLN | Intermediate Government | |
bHrhgdm WX Xsqd Fqcpgfhzmy Pthz | SFTK | Long Government | |
cFnbgsr WR Cltqffdhszp Jctx Wp | QZKNSP | 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.