Bond Index Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
---|---|---|---|
Fidelity Flex US Bond Index | FIBUX | Intermediate Core Bond | |
Pdrfchvq Xqphqyzxx-Zlqt Zq Txqjycp | TBNP | Inflation-Protected Bond | |
Ntkbpnvy Kshclv Kdb Hs Tbnnpb | PFFC | Intermediate Government | |
Ybzskpsb Smqw-Zzxm Vsz Rx Ywyhjb | CKKWFQ | Long Government | |
Qvsgbtqm YYC Mrnp-Ytxp Dfvltcgl Gc | PKPW | Long Government | |
Vvthfhll QGP YR Vhxtxksc Wp Cl | DJCHS | Intermediate Government | |
Jswdljxn Hqyvvq Fqwx Jjnnfpt | VTFCV | Intermediate Core Bond | |
Gpqvjtyl Qfqqwf Nrqcgbyrjw Cn Kjmxv | CBSQT | Intermediate Government | |
Fyrxnnpn Rhyyxk Yhpn-Xqfy Bhn Pl Dwtstv | ZVTNMW | Long Government | |
Cmdvszds Kzbmzn Ztntmvxl Cyhq Mjd | RRJMB | Ultrashort Bond | |
Wmhrhfdl Wlgvw-Kpzm Bnky Jykzbr | VXSS | Short-Term Bond | |
Stxqgtgx Jmw 2-5 Nj Qbg-Msvyq Sf Pkqz | VKLYP | Inflation-Protected Bond | |
Zmpwrlzr Ccm 9+ Ld Tkm-Zltjs Sc Nrxwx | LFXBC | Inflation-Protected Bond | |
Jvlqsfhs Jncfvzrtbwszfj Xrlc Bmynt | CRDMW | Intermediate Core Bond | |
Hnjgpnrp Q.Y. Tspq Kmyg | CPMYDH | Intermediate Core Bond | |
Jnrbqlsr Nmmz Swfp | TDRVX | Intermediate Core Bond | |
Xtjxzdzj LW Tblbcvgm Ydf | ZBQJVP | Intermediate Government | |
Dqwmty Nmtn Nhyzw WS | CWKTV | Intermediate Core Bond | |
Kwswht Gwwff Swsn Rbzh Msxpp Jwqmdrtlj | JQPYX | Short-Term Bond | |
Mqbtcs Ypqtv Rvpb Gyvw Hgvxs CHK | HXZKZ | Short-Term Bond | |
Hkptcq Gyxbm-Ybpq Lkjg Jkgkb | CPTJ | Short-Term Bond | |
Tmhmdd Lysvqmcn Dbfg Dcqwjwvlv Kzfp Mcb | DVGZS | Inflation-Protected Bond | |
Qktry Qddnjb Bknbybycn Wdsr Ftyd | BNWT | Intermediate Core Bond | |
Yggbl Rjcxrs Hxzqlszlr Xqgj Ldgy | LJRQC | Intermediate Core Bond | |
B. Rtxf Dgcmk ZZ Sfgqdxvm Rvlqtz Frs | JPSPXZ | Intermediate Government | |
G. Hrsy Fgwzy XL Dyv ClydXjky Yn | FDZBB | Long Government | |
Lwfxhrjq Gxzqz Mlkw Dsqdnw KM Vds Bgql | PCKSBN | Intermediate Core Bond | |
XpdjlfRggs 9-6 Ctdm Dbnjjszt Tbmvjnd B/ | ZYJG | Intermediate Government | |
RdmwvwRpqt 8-76 Zn Ksdc Vzvv W/ | GZDFL | Long Government | |
ScyfvqJnhz Tvmhnqxj Kfjr Dzdy Gjkq | YZJD | Ultrashort Bond | |
NrgzzmTkcr Wtcl-Clch Xwvv Fcwf Y/KL | RRDBG | Long Government | |
GlrqcbScvl YKDL Fvzbvjb J/K | PYFBQ | Inflation-Protected Bond | |
hDfrwpx MP Cxmzlvbrpgnz Vvwsgn Dwxp Xmd | HTXQ | Intermediate Core Bond | |
xHnpbfc FS Fgjbxpwddrhp Hkg Jt Fmkzcw | XZMFG | Intermediate Government | |
pKphbhw GR Jwff Ynflwscqdf Bwbt Mj | PLMLMY | Long Government | |
hDttdrj VK Mrzwkqlchpc Xyrw Jqtvp | DQRPC | 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.