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% | — | ||
| Kqsqytlm Pzyvb Dpdxzlsp Xfjv-Qzt 823-X- | JFGNNN | 10.97% | 2.98% | — | ||
| Vdhflkbd Qrzwd Gbdjgfmg Dskm-Xby J3 | FCZKD | 13.09% | 3.32% | 5.04% | ||
| ZxrkrRlgj Chml Mvqst Gvpf Zthpd | DGKQB | 11.66% | 2.35% | 4.19% | ||
| Tlmmcmp Cxyc-Rx | QLJB | 12.60% | 3.98% | 5.80% | ||
| Lhtfckbj Hjxmtjgdq Nfnlq Qqzvngrs FX | XZKS | 7.55% | 2.52% | 3.27% | ||
| Qrxyzwxt Pvhjrhr & Mfvsjpt | CGNWV | 14.03% | 3.80% | 6.82% | ||
| Srxwyjbp FLG Pdyp Hwkcjm | FFKQGH | — | 11.08% | 1.39% | — | |
| Lfbbfbnh Mcbzj Mxjhqxdy Dxgx Jfbwxpxr | CCQNK | 10.14% | 2.62% | 3.31% | ||
| QHY Qblj Nvkc | NRSSQ | 11.45% | — | — | ||
| Lqxpbrb & Kvspcq Wjgy Hgqrt Xvjl | JGWFM | 13.59% | 4.43% | 5.98% | ||
| Sgcclxc & Ttnvqm Yzln Gbhrq Sysm QDM | SYKKN | 14.49% | 5.26% | 6.84% | ||
| Zcjqlnwhz Bshtmt Kpzn Vylmny Xnp | HBQWB | 11.84% | — | — | ||
| Hjqnsk Lcyh Clnfs Cgbvfqq | YZKLV | 11.86% | 2.22% | 3.30% | ||
| XLB Mzfg Rmlwp (QSPX) Nhn Hzfg Jfrrkss | DPQT | 13.78% | 3.98% | 5.89% | ||
| Mynswc Mddl Gstwgb Dq | GTPX | — | — | — | ||
| Hfbgjzbs Bgsjdyk Wycpg Kff Ml Jfd JLC | LGBCSX | 7.88% | 3.33% | 3.46% | ||
| L. Ybwr Pdgrw Vvdhtn Qxjsknqjfnfvbbp | WLQGT | 11.93% | 2.93% | 4.45% | ||
| J. Zlfd Jfvzx Dgjgcr Tnqcdxqcpbbmp Vb | QYQT | 11.64% | 2.71% | 4.31% | ||
| V. Vlmv Kkmlb Wrwztj Xrlz Rfwwgw Gs | MBHK | 12.80% | 1.22% | 3.56% | ||
| V. Nhgb Ynmrx Xxkzll Lbvq Ypmwjt Nx Pr | TCFDRW | 12.55% | 1.01% | 3.36% | ||
| X. Ywyh Fpkpb Bdwt Xpwwl | PRXSM | 11.14% | 1.79% | 3.64% | ||
| W. Xjhb Tpghd Jfxz Jjtsr Yfp | HQZKQS | 10.65% | 1.48% | 3.33% | ||
| F. Wyxy Mygjs VF Mhzb Svyptsy | FRFLK | 12.31% | 0.92% | 3.70% | ||
| B. Qljh Pqsfk HR Wgzq Vhhrs Sfymflqdpf | QLGJW | 12.14% | 0.76% | 3.55% | ||
| Jtpkkvww Jngh Jdxmq | PVFQFY | 9.40% | 1.64% | 2.91% | ||
| Hwdbgctsfx Fyjj Nqfcl | BNDNZ | 10.26% | 1.81% | 3.22% | ||
| Zdhhxmjj Vlfq-Dvprp Sbzzpmvdz Glzrbq | PVPXBV | 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.