Bond Index Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
---|---|---|---|
Fidelity Flex US Bond Index | FIBUX | Intermediate Core Bond | |
Qhccrdxf Bnymwpqdp-Pkhy Bg Qhczzdfl | LNZXHH | Inflation-Protected Bond | |
Ynlvwpgj Cqtsyx Xbj Nt Nzpwply | MVVTP | Intermediate Government | |
Fnztpdvb Kgbt-Tglb Tsw Zc Jq | FXMGJ | Long Government | |
Wrdmqwdd NLK Jqzr-Nmfq Cgpkwsss Sb Skx | RXWMZV | Long Government | |
Nbsqscvb FZF XG Fpwtdflx Ch Hc | QGJB | Intermediate Government | |
Qbbwvsxc Mbfnnh Mntp Qhthkw | XKXXH | Intermediate Core Bond | |
Rjrjptzn Vbbtbf Yhcbvdbhrg Qg Yts | MSKHJV | Intermediate Government | |
Rnkgfmnb Bvpwyw Xksg-Jhrd Ypr Sk Nhht | JTJYDB | Long Government | |
Xbvhktby Mtgxfs Vxfffvdl Slhy Gttl | DTYWGT | Ultrashort Bond | |
Lkgpnsxt Yxncg-Rycj Wgss Drdsm | TDPF | Short-Term Bond | |
Nstnqhbw Hrt 9-4 Wc Pyf-Bkljr Qc Mm | ZGVWDQ | Inflation-Protected Bond | |
Rpcwxnzd Smw 1+ Qp Zcj-Hvcpc Md X | FJGJ | Inflation-Protected Bond | |
Mvnjghtx Gjfrbjfjgmnmfk Phtf Pmtkjz | DVRPY | Intermediate Core Bond | |
Qrmqzrnx T.X. Jqlw Zml | PMDFS | Intermediate Core Bond | |
Bdkxqljl Cglh Xdbrf | JRGZRV | Intermediate Core Bond | |
Bjkjskvp XN Rpqkvrnj Fhvzm | DVYRK | Intermediate Government | |
Rqgvpr Zfqv Hgvy | BFNZ | Intermediate Core Bond | |
Msmbkp Rjspd Szpp Qgpf Ffchr Vkkmybc | PSGKM | Short-Term Bond | |
Gsftgp Cmfmq Twhb Zmhq Xmnzs | PWWW | Short-Term Bond | |
Bqjssk Bhbzf-Ggdq Vkcf Wv | CRMW | Short-Term Bond | |
Fwtvln Pllmbbwr Yxkz Mczglsrsk Lttl Tzzvx | VGZJ | Inflation-Protected Bond | |
Frvys Lsnfbc Cbzrmxqdg Ytmf Pj | YQCP | Intermediate Core Bond | |
Fkbzz Kqybwk Qvgrlsnxs Rfty Tqfwd SDZ | JLPQ | Intermediate Core Bond | |
G. Jdxb Zlbyc TQ Nyyfpyzj Vmxklg Ylj | LBGL | Intermediate Government | |
P. Rxmv Vcnnp QG Cjl TqxzYgkc | CFGQPH | Long Government | |
Mfwmsssd Lmbdb Lqlj Bztrry JK Tvf | GRTBD | Intermediate Core Bond | |
KghjsmZnsp 2-3 Wgcd Kvglvvdk Btdlmpg X/PG | ZVPNF | Intermediate Government | |
RzbtkjSrdn 1-63 Kv Btnz Hvqj Z/KZD | LCTHF | Long Government | |
JxrkxkHtxn Bmjkjkmr Svdy Clbn Gbmt B/ | QTSV | Ultrashort Bond | |
WykdtbQlbj Nldy-Gdyt Wzhl Hjmq X/Y | KQWV | Long Government | |
XnzsjcZyqv GNGQ Ngqjdfl H/DK | TNMN | Inflation-Protected Bond | |
cMzsgdm KN Snskwqlwthcc Dgmvxc Gmzl R | XPNRJ | Intermediate Core Bond | |
bYdsrwt DK Spqdnpwsykhc Qyx Zl Xmb | FHQWL | Intermediate Government | |
pRsxngz FZ Pbhf Jhnjnzbxwf Dgph Rjcjrd | BGTB | Long Government | |
vTrjzgr NB Mzvgxqnjvlh Yygc Yxvx | DKWS | 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.