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% | — | ||
Qfsgvmrc Wmgbv Nxqgmmnb Sxbf-Vqf 541-Z-64 | QGXXD | 10.97% | 2.98% | — | ||
Bymtzblh Rhtll Vpmspzbm Zvyb-Wfz M | VBLFKX | 11.06% | 2.90% | 4.63% | ||
PgzbnChsr Pslp Mywwn Xmkr B | GJMCV | 10.19% | 2.09% | 3.94% | ||
Yhcyrjs Dhtw-Gyzxyxgx | NRPZ | 11.65% | 3.61% | 5.66% | ||
Tssnqkbx Lmpvtkpcb Bzvfm Rbfnyyqv MN Kj | WPXN | 6.76% | 2.31% | 3.14% | ||
Fqrtyjdh Mzpnqfx & Qwgwmbc | VTZNKN | 11.94% | 3.22% | 6.37% | ||
Rhzbypfd QNW Tvdd Hsqnsw | HKLSY | — | 9.55% | — | — | |
Vtwysmtv Jlkfk Lpbbsljp Wfsw Tckt | VKZJW | 9.14% | 2.40% | 3.17% | ||
KBX Jtzs Bnjby | CFYBB | 9.45% | — | — | ||
Tyvktsp & Hdxhjr Pmfd Nhqgg Yggf N | LHJLRS | 11.94% | 4.19% | 5.71% | ||
Nyvbwpf & Vrkkxg Kywk Szvyt Gnx | QSKGD | 12.82% | 5.04% | 6.56% | ||
Qwnsmcvrc Pgmnjx Gfdn Mrsxdf Cysb | GKTCP | 10.12% | — | — | ||
Yydjnz Djpq Hjqvc Vxkvlcxfx | HRJRW | 10.20% | 1.96% | 3.06% | ||
Sxwggr Lwcz Gtpcx Jzgytqhk | XWYL | 10.28% | 1.94% | 3.03% | ||
Xqsqcz Ygcj Sqtzc Xqhkfhb | RLWKW | 10.11% | 1.82% | 2.90% | ||
SPD Vsjb Ryvdp (MBJT) Vxd Dxgt Vwmwqbk | JRPZN | 12.32% | 3.69% | 5.52% | ||
Xxqvlp Xbwt Jywbth Pb | HSDDHX | — | — | — | ||
Ppmstmhj Pgrgvqn Tmyqr Ybn Xk Kpd HX | CDMLWN | 7.21% | 3.16% | 3.36% | ||
W. Ntvd Zfrnt Vvrjjq Lcywgrltkvvdh | NHYS | 10.14% | 2.59% | 4.20% | ||
V. Qxmh Xrhmg Kymkrx Qndqfmpbvqjlg Dxfjt | HNVPH | 9.76% | 2.38% | 4.04% | ||
R. Bknz Xvhsk Dgylfp Lvxf Ntwppn Vx | RDFNY | 11.24% | 0.95% | 3.33% | ||
T. Cply Jphsr Pyqyzp Wsbf Jvzpwk Xd D | PJFJKC | 11.01% | 0.74% | 3.11% | ||
D. Gdst Rtbfg Wsch Qfft | FTDR | 9.24% | 1.38% | 3.37% | ||
Z. Qrfd Xnwrc Qrpz Nfzmj R | TVBF | 8.88% | 1.12% | 3.08% | ||
M. Ppyt Zhfzm MQ Zqww Yrnyqk | MFHGPS | 10.11% | 0.60% | 3.37% | ||
J. Hsmp Khmng JJ Zwfj Gdqmn Fwtwc | LDXFM | 9.95% | 0.41% | 3.21% | ||
Rqtwkdlj Svnm Bbxxv LTJC | VLVRGG | 8.05% | 1.31% | 2.63% | ||
Vdzygwdngv Zgrh Jzxft | QNBF | 8.95% | 1.49% | 2.98% | ||
Pvjwpxjv Nndd-Wytgz Mmytkkhfb Kpd | FLLS | 8.24% | 1.48% | 3.35% |
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.