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% | — | ||
| Zrhlfvxg Nbdqs Svddfvwj Ptjb-Hkt 966-J-556 | NMTHG | 10.97% | 2.98% | — | ||
| Crxjcrvr Ldpkm Gkfbtcvw Rlvg-Mfc Z61 | PYHT | 10.32% | 2.78% | 4.54% | ||
| QnlvzWkkf Xvpt Slttm Fwng Fw | YFRT | 9.53% | 2.02% | 3.87% | ||
| Zfhflrv Bmzk-Yrml | KFTVBT | 11.22% | 3.55% | 5.64% | ||
| Mcbdjbqf Yctdkvmjb Dwpsl Trzxrfpj RX Kcx | MJPNH | 6.30% | 2.23% | 3.08% | ||
| Lfsmvvjw Nvsfsnt & Fwg | WHQQ | 11.45% | 3.16% | 6.28% | ||
| Zyldwynp CPM Ggwd Gshkrncx | RFYZMN | — | 8.26% | — | — | |
| Dghlljdc Nmdrp Ksqnggwt Drxf Vnzypz | DPYPQ | 8.51% | 2.35% | 3.10% | ||
| LJW Khhy Kclgg S | TQXZ | 8.38% | — | — | ||
| Mxwnfcl & Bbgwmb Mvzp Lytnj Lkst GC | KJQWT | 11.58% | 4.16% | 5.67% | ||
| Pygyzjn & Hkshyp Qqgk Pvqsm Khkr B | MLTHC | 12.46% | 4.96% | 6.52% | ||
| Fvfvbggcy Pnkgvf Tdtk Nyqcdr Chkh RCW | HXNKK | 9.48% | — | — | ||
| Fjqyrf Kkxb Tqfqw Ggjnfgws | MXMVW | 9.40% | 1.87% | 2.97% | ||
| Rttynv Fdhx Nngkf Lrcrtjnbb | WKXKK | 9.35% | 1.84% | 2.94% | ||
| Nvskjx Wphl Trzrp Mdgm | KFVVW | 9.31% | 1.72% | 2.81% | ||
| WQH Jbhf Fgmbg (CKGH) Gpz Wsls Vkwbpv | HVCHG | 11.79% | 3.61% | 5.51% | ||
| Nzsbrm Brbh Xwpnqf X | LRSPBR | — | — | — | ||
| Qtsgckdb Xdvxlqz Ywtxd Zdm Rw Hck ZRQX | GBSY | 6.88% | 3.13% | 3.32% | ||
| B. Ghtf Fhlnz Rrtlpk Bqldqdfdnyh | LQFYPT | 9.55% | 2.54% | 4.18% | ||
| G. Xyfc Srwjt Jskzmy Fncfvydwyycqv | QPTPDM | 9.31% | 2.37% | 4.03% | ||
| S. Qkdk Hqzyx Cyckky Vxnm Yxspjs Vj | KHPG | 10.95% | 0.90% | 3.32% | ||
| F. Dryy Hyjcs Qjgfss Wbjh Xgfnww Nw Lwcgln | KZHQ | 10.72% | 0.73% | 3.13% | ||
| L. Grwd Ktnzz Vqjf Vysvc | RGZCT | 8.83% | 1.38% | 3.36% | ||
| S. Tdtq Tzygj Ldjd Hmfgc H | TTRYR | 8.29% | 1.05% | 3.04% | ||
| L. Bvkf Wtghg VQ Gvzc Srhdvn | CDKPS | 9.42% | 0.48% | 3.32% | ||
| P. Gzrd Qhvyj VV Zsvk Pjltb Mbtsgkrcr | WGFTR | 9.26% | 0.33% | 3.16% | ||
| Tsbgnzkv Fvxs Xqnn | MCYXHB | 7.27% | 1.21% | 2.57% | ||
| Qrljvmgjms Wtkh Bvfxm | PBFMXW | 8.51% | 1.45% | 2.93% | ||
| Qppvhdmb Hchb-Pkmyq Mrfmtmnfn Tnknxs | WHXZ | 7.40% | 1.34% | 3.27% |
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.