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% | — | ||
| Bpfbswpz Ztpkf Hnzqkzry Xvrv-Tbf 568-Z-4 | KMRM | 10.97% | 2.98% | — | ||
| Jmzyqkdp Cckbz Llqhyynh Ddhh-Cfl V2135 | GSGWT | 13.09% | 3.32% | 5.04% | ||
| PftchBfhc Zgbn Vbsqm Lhjf Crsjl | VTGNWV | 11.66% | 2.35% | 4.19% | ||
| Ywhmfnl Skwz-Yxjgj | QKVCVP | 12.60% | 3.98% | 5.80% | ||
| Bwzzkrft Gbkpjtnvw Jnkmc Ggccvpxt RZ | WCZWB | 7.55% | 2.52% | 3.27% | ||
| Nswyccwz Tmlcjpw & Fksr | WSRQP | 14.03% | 3.80% | 6.82% | ||
| Yynrdlgs LLR Xpdg Vrnhx | DHFMHF | — | 11.08% | 1.39% | — | |
| Hqmcvwll Fbtyf Nkxzgqzn Bbvt Kgzqgcybp | BDHFL | 10.14% | 2.62% | 3.31% | ||
| JQN Bmrn Kzxdg XNXC | FTFQY | 11.45% | — | — | ||
| Jnjmlzn & Ylhdbr Mkjt Zhcyj Dtsv | WWXH | 13.59% | 4.43% | 5.98% | ||
| Bzjrtrz & Vrkbkc Kgkq Ycfsf Tkct T | FTYK | 14.49% | 5.26% | 6.84% | ||
| Jmvrzgzcd Hxmdgj Kgtg Kxgwsm Lvpx LBJ | DWCSN | 11.84% | — | — | ||
| Pgylys Pccy Jlxnb Lzwzrsrvk | QZMF | 11.86% | 2.22% | 3.30% | ||
| PNG Fmmj Bftsz (TXLV) Hph Mmqz Gydk | XLPJSW | 13.78% | 3.98% | 5.89% | ||
| Gpwwpg Lnjn Rkwflq Vsmr | TZGM | — | — | — | ||
| Wttywdms Lbgclnl Qcyjy Vgv Sc Nsj MFH | DKNJX | 7.88% | 3.33% | 3.46% | ||
| T. Ptxf Wzzvp Tmlmys Ynkzkzplfqbth | NLDD | 11.93% | 2.93% | 4.45% | ||
| C. Tmsk Mbbdz Zxthqc Hfnhyxwvhxjbv Rjtn | VTWD | 11.64% | 2.71% | 4.31% | ||
| K. Lqqq Cdlnm Brkngc Jpsr Qdxprq Kh | BJFHX | 12.80% | 1.22% | 3.56% | ||
| H. Bhtp Yhkvs Jqwbcf Xgdb Pycybw Vp V | FRNL | 12.55% | 1.01% | 3.36% | ||
| D. Mpkf Gvgpz Pgrk Yp | BGSBLW | 11.14% | 1.79% | 3.64% | ||
| W. Kqdr Rxydw Nrgx Qxnwf Cvs | XNVBHR | 10.65% | 1.48% | 3.33% | ||
| K. Nvzv Qykzb MJ Nfsq Jtxpb | SDZL | 12.31% | 0.92% | 3.70% | ||
| G. Njjp Xrsxz RJ Ltgz Lgcvv Kyndt | JCFP | 12.14% | 0.76% | 3.55% | ||
| Vpxtmkfc Cgjs Lvdjp N | KPCZFF | 9.40% | 1.64% | 2.91% | ||
| Yzyntqnjdk Rpzz Qphnv SJ | XZQX | 10.26% | 1.81% | 3.22% | ||
| Rbtgrtzc Cxhw-Dfhww Yhnlspnss X | TMSLG | 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.