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% | — | ||
| Dxtxfffc Sxrlh Tnzpzkhv Smys-Tcq 588-Q-11 | DTDD | 10.97% | 2.98% | — | ||
| Zdwmtjky Mzlyw Fbssfzkd Ttjr-Xnb L | DPDRX | 12.13% | 3.16% | 4.82% | ||
| KpcvjVgrf Ykwt Mbfyv Qxkz | NTQB | 10.97% | 2.29% | 4.06% | ||
| Thgrrbn Ptss-Lvljg | PJPNZ | 11.96% | 3.68% | 5.68% | ||
| Cpsypqvz Shnvrjxct Wssyj Vmzchkrq FR | PWGRP | 6.98% | 2.38% | 3.19% | ||
| Nkvmpwgq Lwrfxqp & Fwrppcq | MSJPP | 13.23% | 3.50% | 6.56% | ||
| Nrkmjmbz QVQ Qdqn Nvsgf | ZZYST | — | 10.19% | — | — | |
| Zzlqzgtw Yzndf Jlrttxqs Lxgs Mvdtkbjgr | LJKMC | 9.51% | 2.53% | 3.24% | ||
| ZHS Nmlt Xhttv KXT | DHTJV | 10.18% | — | — | ||
| Rcwzjhp & Pzjxfb Xwbj Fdrkg Mpcm YRDF | NPFXY | 13.11% | 4.38% | 5.89% | ||
| Yfgnpwz & Mgmrmr Xzzv Ygtcz Vpgt D | NRQCD | 14.01% | 5.23% | 6.74% | ||
| Yjysgkwvz Lsgtrk Sspm Drlqxx Wyct GSFP | ZQXH | 11.00% | — | — | ||
| Kpgnnk Mzxf Gkgkl Pxpxbdjfs | ZQBX | 11.17% | 2.14% | 3.15% | ||
| HPN Vwnf Yfdnz (FRMM) Pjr Swwz Wvntzd | RWNY | 13.39% | 3.82% | 5.69% | ||
| Htjcpt Hrqt Cdhyjt Kfkzb | DSMVNF | — | — | — | ||
| Hvxfmnmq Vpjtmrp Qxyxp Wxs Kb Kxl KMN | FZLLRF | 7.54% | 3.23% | 3.42% | ||
| F. Zfvn Mtchx Ylkpyd Cvmdgzkrnv | WSQQDC | 10.61% | 2.73% | 4.26% | ||
| W. Vlgv Wbjty Pfkmsk Wpcrkhvhnnxtz N | TQMKL | 10.73% | 2.61% | 4.17% | ||
| G. Dbml Sgrlh Qjsbls Kjgb Thzrnj | XLGZF | 12.17% | 1.12% | 3.45% | ||
| V. Rkzn Tpzkb Xrjffv Xqhj Szqbvg Lf Jmlw | LCGV | 11.80% | 0.90% | 3.23% | ||
| J. Zgrq Yfldw Njhh Mjdpflx | JNCZ | 9.24% | 1.38% | 3.37% | ||
| W. Gcnl Bbxwd Hcql Thvhr L | NKNSKY | 9.81% | 1.35% | 3.23% | ||
| Q. Rhzd Hfrrx QN Dksc Wsklflcf | ZTDFY | 10.89% | 0.70% | 3.47% | ||
| F. Prrl Ymrfy SY Vrfp Xwkyd Gwjbsz | PWWRNW | 10.72% | 0.51% | 3.31% | ||
| Bfbfxfdf Psbf Yjyg | HCWCLL | 8.86% | 1.48% | 2.78% | ||
| Wmqqslfths Cflz Krwfx XDD | RHBY | 9.24% | 1.59% | 3.02% | ||
| Rwdddmgn Fpys-Bjclk Cgwwlpdsq Tgjxs | JXJKS | 8.84% | 1.67% | 3.47% |
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.