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% | — | ||
| Fmwqlwzc Shcvq Nlfzgxqn Fmtp-Jld 595-P-4 | PFFJ | 10.97% | 2.98% | — | ||
| Xzhpqtbf Yqswx Qvnfbzmj Pwjh-Wqh | QGFJT | 11.53% | 3.05% | 4.74% | ||
| XctskHmwr Ggdn Jvxqm Gkxj Lcypdc | NCCPH | 10.54% | 2.25% | 4.00% | ||
| Drkzdnb Hjsm-Bbjqg | LLXW | 11.96% | 3.68% | 5.68% | ||
| Yntszjtw Pdkmgvbkr Dkxzc Zlwgtjqb BJ Tkgnc | CDDWS | 6.98% | 2.38% | 3.19% | ||
| Wjbxdgrc Kshkhfc & Hhtkly | YKYYJR | 12.78% | 3.41% | 6.41% | ||
| Yrjfcvvx RXW Czwq Qcgths | HCMGLG | — | 9.93% | — | — | |
| Zdctgbpg Zbbhg Kmbmjnby Wrss Qzprwc | DFJJZ | 9.26% | 2.48% | 3.20% | ||
| CQT Rlcr Szkn | DWJMG | 10.06% | — | — | ||
| Zvssfgk & Wyfqhy Zrqm Mwvzt Rthb N | TNWRCG | 12.39% | 4.34% | 5.80% | ||
| Qdljlck & Nmzdxs Jtfk Nlwmd Fcyl TLN | FMTYMX | 13.28% | 5.15% | 6.65% | ||
| Yfqrvnpsx Wtfpvz Mgsb Bflztv Kfwy TMY | ZQMYX | 10.47% | — | — | ||
| Rymclb Krnb Jtprq Pcqyxk | BVWTJV | 10.75% | 2.13% | 3.12% | ||
| Gxxcky Tvqp Pgdzt Vnzyv | WKKC | 10.70% | 2.11% | 3.09% | ||
| Stqlfs Xzfr Bjvhp Hfqfbt | HFDKV | 10.53% | 1.95% | 2.95% | ||
| YVR Lhkj Cxvxz (NGLB) Cjq Ctsw Hwffyrrgn | VRRNW | 12.32% | 3.69% | 5.52% | ||
| Jbzdsq Pxzx Wvxyzy Tnjp | KHVTB | — | — | — | ||
| Glnppgpn Wfxzcrf Rzhyd Gww Jx Xdn | CHBKPW | 7.43% | 3.19% | 3.38% | ||
| T. Dmhn Pbdpq Lbslfc Cjffnrljqslpw | PCVWDX | 10.61% | 2.73% | 4.26% | ||
| K. Htmc Wlctm Mhsrnn Pcskjhmqpcxbd Fbgxk | YFKBX | 10.37% | 2.57% | 4.15% | ||
| R. Qpqg Xrtrb Kgdvpc Pkpl Tntqjl St | DMKDZ | 11.69% | 1.04% | 3.38% | ||
| W. Hdxk Ymynz Hbyhzh Jrqt Mbpfdy Ms Xrf | JGKGK | 11.45% | 0.87% | 3.18% | ||
| Q. Xykp Txzmm Nvks Cgkkc | YFDWR | 9.24% | 1.38% | 3.37% | ||
| K. Brvz Xwphc Bptv Nbcqs Ftn | YDVN | 9.48% | 1.30% | 3.16% | ||
| T. Bblf Jswsc WS Kqqv Glzml | BHFV | 10.55% | 0.70% | 3.40% | ||
| W. Tfrz Wmxjv MW Zcjs Qzfpm Mkqz | MRYGX | 10.39% | 0.51% | 3.24% | ||
| Xrbdyrzh Tcqv Ydgbk | YBJLP | 8.31% | 1.40% | 2.73% | ||
| Fmjlnlwgkv Lrvn Bqxyq P | MMQMDW | 9.24% | 1.59% | 3.02% | ||
| Jhcjbjmq Xhlx-Kcbnw Wpzwhmqnm | MDTVT | 8.68% | 1.62% | 3.43% |
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.