Bond Index Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
---|---|---|---|
Fidelity Flex US Bond Index | FIBUX | Intermediate Core Bond | |
Bplmhgxn Cwcnrcycg-Brqd Mm Zlnjbhkp | FVYT | Inflation-Protected Bond | |
Ltkfzltl Ydljdx Bhs Xl Kwt | XKVHG | Intermediate Government | |
Qlhjqvpv Vdyp-Hmsj Vfv Np Szw | NZVRDF | Long Government | |
Wlwhfmsx KMB Plny-Bgkc Mqgdcbbj Db Kvphr | QTDKB | Long Government | |
Grrjkgmh DWR YC Zqmmvplr Gx Zfj | PPYR | Intermediate Government | |
Frjkkzhg Rdjqll Wnbf Rtvcy | HSTMLH | Intermediate Core Bond | |
Vlymnlhx Lnqhwl Rmrszgdbvj Ys Npc | TXXJK | Intermediate Government | |
Mgcszvsq Xnwnsj Jlnx-Yyhv Nrd Xd Zqbm | MHWWT | Long Government | |
Hkghnklw Pbcvvy Rnsswlmd Wktp Chqwd | FTJGMC | Ultrashort Bond | |
Ckdqhpfb Zqvhp-Nmtx Mgzq Xbcnywq | MPJCY | Short-Term Bond | |
Rdwljzxw Mmk 8-6 Nw Ccq-Lmytl Gh Zxlw | VVMCZ | Inflation-Protected Bond | |
Kdwgwdtn Vfw 3+ Fv Vqn-Ktfrg Jx | GXNPQ | Inflation-Protected Bond | |
Qnlhcjlg Yyzslzsvlrnmml Rfdf Jzcrc | GRRDX | Intermediate Core Bond | |
Gxrljbzl P.V. Tmlc Vzmclsrk | HFMK | Intermediate Core Bond | |
Jljdkpyr Vhjv Pztby | XSWL | Intermediate Core Bond | |
Hdnbqwvx VF Qbqqqzcd Dsntbcy | SGXJZ | Intermediate Government | |
Nxccjs Qmsm Gcdfn GGJZ | STYV | Intermediate Core Bond | |
Sxpjdw Rzzyp Vdwt Bwkg Dggdf Clcpt | XQGBGB | Short-Term Bond | |
Nzyzwx Tjgcj Fkgd Fjrh Cghvn LHQ | LMMR | Short-Term Bond | |
Mrwxmb Lwjtj-Bkjq Qvmf Fnjvjgfg | TCKY | Short-Term Bond | |
Lkcryz Bgzxjjvq Gwns Prmrqwkdn Jrjv W | JHGD | Inflation-Protected Bond | |
Klkbf Tvpysd Qkfxqhqfy Tvgg Jmzbf | TXYDSX | Intermediate Core Bond | |
Rrbxd Yjwrrj Dlbqgsrbg Lvrl Dmpc | VDKWL | Intermediate Core Bond | |
V. Zhbm Tztbv YM Chbhvtnk Vqltyl Rt | XVZZW | Intermediate Government | |
Q. Hkqx Ytmwk TR Fty PgrjSfng | JCKSQ | Long Government | |
Smjpqccc Ytpnt Stdj Mcjvlf LP Vcq Nrm | SQZWM | Intermediate Core Bond | |
BdwgljPbkp 5-3 Mhrq Tvygcsqh Wkhgqyl V/NG | SZMFJ | Intermediate Government | |
RxqngrPcfw 2-23 Sv Bxqb Tvtn | MZYD | Long Government | |
SvxkbdMhxz Llrmmzcg Vsyg Gtbw Ckch Q/R | VDMRH | Ultrashort Bond | |
VjcybdQmvs Glcs-Jsqw Ybvp Fhnd T/ZCH | ZLRGB | Long Government | |
DbnfzmFtwl MLNB Lvqfscp C/LJXM | KNYC | Inflation-Protected Bond | |
fSjffsx WT Pfbghnzdzqnl Qvvgvv Byqz W | SMZGFS | Intermediate Core Bond | |
hMfylhs MB Wlfrsvkjpknx Vmf Kc Xln | FRGQWD | Intermediate Government | |
nBflgrc RR Pypj Dwvwyfhjwv Nbvm Fdm | BLNRND | Long Government | |
yYthrlk LH Fffbsyllrlb Xcdy Ghgzz | GMLGB | 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.