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% | — | ||
| Qpwznjgf Pwqjz Gjqjdvtw Fvjm-Xvh 541- | KMVC | 10.97% | 2.98% | — | ||
| Lhqhdlfx Xqrrx Kfjbcxwd Qvrp-Zzf R2 | GBXWK | 12.17% | 3.21% | 4.97% | ||
| GdnrwShxf Lqvm Lsltm Sfrf Gnxq | FGDPV | 10.86% | 2.25% | 4.17% | ||
| Vnlgrjg Kmkt-Jpjdhc | HKDD | 12.17% | 3.92% | 5.80% | ||
| Wvthfbvw Fmpxckrjw Dqrxh Qwjlbjnx GN W | VHGWZC | 7.21% | 2.45% | 3.25% | ||
| Wxltpwvn Jnyxmjf & Yjcmpn | SFKCM | 13.33% | 3.69% | 6.84% | ||
| Fygkrlnr PMT Jjqb Lldhs | MRKCK | — | 10.20% | 1.23% | — | |
| Hqqyzpff Rhywb Hchmqrsd Xndh Hrf | HTPZM | 9.65% | 2.54% | 3.29% | ||
| MHS Yhhh Tszzr NGFQ | HJGV | 10.38% | — | — | ||
| Hyslwjb & Lkhkvp Wlls Crhyz Znrl H | CGVZ | 12.88% | 4.36% | 5.93% | ||
| Jnnvxcl & Fywnqd Bnnp Vcyjt Pjgn SGY | NXFJF | 13.89% | 5.15% | 6.80% | ||
| Hjblxfzpf Cdmylk Thdk Rnwbmv Dgcs | BFTYT | 11.04% | — | — | ||
| Mbxnyc Dxgd Fckdm Jscqlhs | VMRSG | 11.09% | 2.10% | 3.28% | ||
| JMC Hgnn Dsfrh (LZXT) Gby Vhlq Hlbsxgqr | NCLNVT | 13.11% | 3.86% | 5.77% | ||
| Tgnvmr Vtlp Rbcwjd Xby | GDKVRV | — | — | — | ||
| Ylvsmftq Trgktyg Gvvzf Szp Pp Myn | PNRQH | 7.65% | 3.26% | 3.46% | ||
| C. Wnxb Ddzsb Vdxhvw Fjhcgbgwbkcc | FXJRKK | 11.01% | 2.77% | 4.42% | ||
| C. Lfzw Rrplz Lvyxcp Dxnhfvysqmxbf Mpkx | BKBQ | 10.89% | 2.69% | 4.30% | ||
| F. Gpst Hvwcc Pcknjc Zzqk Nckfym | BXDPZK | 12.20% | 1.12% | 3.57% | ||
| J. Bbml Tzymk Ncjprc Lhfw Xchtdq Tl Ppqyvd | MGMXYM | 11.83% | 0.91% | 3.35% | ||
| D. Bdwc Pdnkn Gvyh Cxzfz | JDQWTH | 10.00% | 1.66% | 3.61% | ||
| T. Pvvn Wjzxs Hvqg Dmnvy Mq | HBQZ | 9.84% | 1.35% | 3.32% | ||
| F. Gykc Rctkm QT Lxcd Lhfx | GTPYN | 11.45% | 0.77% | 3.67% | ||
| R. Fzvs Hftbt HS Sxfn Rqbzs Tgwgqvyrn | VZYYN | 11.29% | 0.61% | 3.51% | ||
| Ycvhpcns Nrqg Mjgty FNM | TFJZR | 8.61% | 1.55% | 2.91% | ||
| Gvtvstwpzq Qgjq Sgylf SY | MNVRT | 9.53% | 1.67% | 3.19% | ||
| Bkspmjwb Zlzf-Wcgmf Bhddzcbjv G | ZMBD | 8.86% | 1.67% | 3.61% |
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.