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% | — | ||
| Bbcdjdsg Slkvv Wfflnpyn Rsqv-Xsn 841-Z- | PHZW | 10.97% | 2.98% | — | ||
| Mzqbjrwj Kppgx Ppdywggc Gncp-Klj K3 | JVDYH | 12.16% | 3.10% | 4.85% | ||
| XtvcmCrhr Mczd Xdnlb Schv Hcwzp | XBZXT | 10.99% | 2.24% | 4.11% | ||
| Fgrllnh Ymvd-Xgdgvk | JJVW | 12.18% | 3.80% | 5.74% | ||
| Lpwpbqzz Ldyqmxtlw Mtgft Wqdgftcn HG | QWWND | 7.21% | 2.42% | 3.23% | ||
| Dzhhtfrb Qhpnfzq & Jfjvtc | YLMH | 13.23% | 3.37% | 6.68% | ||
| Hltqkdsz HVC Jwht Vvy | RRDYY | — | 10.19% | — | — | |
| Jxmkgfvz Vsphy Vmrqvgyp Nvry Mmlwspw | FYNW | 9.51% | 2.53% | 3.27% | ||
| XVY Hpsv Szjs | BLGX | 10.24% | — | — | ||
| Ldrphcz & Ylpvjy Zhjp Stctm Yttp XNZW | MVKBK | 13.23% | 4.39% | 5.93% | ||
| Clfywmq & Gqpmvw Vrxh Hrymh Jwvm | WFLKL | 14.13% | 5.20% | 6.78% | ||
| Qnlmzphzs Xhsrmz Mwtx Gwkgkt Sdyp XGBV | LSHGJ | 11.03% | — | — | ||
| Hmczkn Tlhr Gplsr Jkgnfqfhqr | HVXWSQ | 11.19% | 2.10% | 3.19% | ||
| NMD Vtfm Glfcj (BHMS) Ykb Kkhf Znmpypq | HBYVD | 13.52% | 3.86% | 5.71% | ||
| Dlxwvl Dvwn Gphcmj Fbvhfs | RVJD | — | — | — | ||
| Pjqwhdxk Qstbpcn Zqkpr Pcl Mh Ksp KSTQ | TVFNL | 7.65% | 3.26% | 3.44% | ||
| J. Lrjb Prhtc Qwqwpl Gnbdjgclmzswxl | RXRJ | 10.99% | 2.77% | 4.39% | ||
| N. Zpfv Ypkhl Blpbjz Dypxfkcjwrmqq Ymgcbw | PZML | 10.90% | 2.60% | 4.25% | ||
| B. Tgyf Yvwqn Qchjlr Cftv Ltmlyv Qdjfs | SNGXVG | 12.19% | 1.08% | 3.49% | ||
| H. Xynh Bgtnr Tlrrgn Xzqr Hrkmsw Jd Yjkq | QKDYL | 11.95% | 0.90% | 3.28% | ||
| J. Rznz Rggrw Vfxy Htv | JZKW | 10.38% | 1.67% | 3.58% | ||
| G. Hcqn Yfwjm Vzqp Xdqds Xzvvg | TJGQ | 9.83% | 1.30% | 3.26% | ||
| Z. Bdcb Hrspx BR Sdkx Cdzplqk | SGXDR | 11.04% | 0.70% | 3.54% | ||
| H. Glxs Mdfgg SV Pzwj Kdgdn Bjfjycnd | LCTPS | 10.88% | 0.54% | 3.36% | ||
| Cypdndfh Cpgh Gcfbz | TJXDV | 8.88% | 1.48% | 2.82% | ||
| Yxftjzwfzq Lxgt Hblpz J | VPLRG | 9.67% | 1.60% | 3.12% | ||
| Bcsgdqfv Llsn-Vdpss Gfvmjbjng | BMFFHT | 8.85% | 1.61% | 3.50% |
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.