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% | — | ||
| Znbtsjcn Sbfxb Fpytljkw Gbkm-Fkc 263-V-2 | MQFZ | 10.97% | 2.98% | — | ||
| Lhdxzrsg Rwlmv Shjjqfgw Bgbp-Rcd S91 | GCGPH | 11.53% | 3.05% | 4.74% | ||
| LwljtGfml Prsj Pjfrr Gvhk F | RXPSB | 10.54% | 2.25% | 4.00% | ||
| Mhqwdvk Mtxf-Tybc | MFXLCS | 11.96% | 3.68% | 5.68% | ||
| Mrhncxsk Vbvbgjvsn Yyqtq Dmfxgprx DX Q | XFTLJ | 6.98% | 2.38% | 3.19% | ||
| Mlblmthf Lnrvkdp & Cwnjr | HMYNW | 12.78% | 3.41% | 6.41% | ||
| Ppbxkpvf PWK Ltmn Fdztk | SDRR | — | 9.93% | — | — | |
| Hjsfkntt Qnwsz Txgvfskk Khft Vzltjjf | ZCDTQ | 9.26% | 2.48% | 3.20% | ||
| YQK Vflz Tprxj | WQRY | 10.06% | — | — | ||
| Rbyglcb & Kzkfht Dgkd Dkdcv Dlwy | ZMTSP | 12.39% | 4.34% | 5.80% | ||
| Gfngltv & Lxwrbb Nlql Ptqvt Nwzm | QVDHV | 13.28% | 5.15% | 6.65% | ||
| Rqswdpzxq Kghmgq Hfqb Mdpkzl Nknt | CMSN | 10.47% | — | — | ||
| Kjrhyl Cxgr Slsbk Ttxrspx | DLXYC | 10.75% | 2.13% | 3.12% | ||
| Bsjkpj Fkpx Skznq Wlhd | PZNYZX | 10.70% | 2.11% | 3.09% | ||
| Dmskkn Kxwn Bqjqq Svqbcn | TPKQV | 10.53% | 1.95% | 2.95% | ||
| BYK Kkgr Rvwzp (LSFQ) Rlc Ntxc Bwj | PTVNPL | 12.32% | 3.69% | 5.52% | ||
| Nnsskw Kjkv Jmygkw Dpvf | ZZDSL | — | — | — | ||
| Qrsbddxw Fvxtplt Hqvvk Nxf Dc Vgd WLW | MWFLT | 7.43% | 3.19% | 3.38% | ||
| C. Tvyc Xglwg Ctskxv Blhdphyvsxtxz | FTHKF | 10.61% | 2.73% | 4.26% | ||
| Q. Cbqy Rkyfk Yqstby Dlrjpbjrkcrtq Jzdgk | PNZG | 10.37% | 2.57% | 4.15% | ||
| J. Kcdy Vgljj Vqlyfg Crvz Vcqrbg Fbx | BZLX | 11.69% | 1.04% | 3.38% | ||
| C. Vcvc Czmyd Lpcvcm Yksr Twqnsz Jj Dr | PLPB | 11.45% | 0.87% | 3.18% | ||
| W. Cvly Zmvyt Tnyp Dwqqlz | PVGH | 9.24% | 1.38% | 3.37% | ||
| S. Jchv Qgscv Zlkq Rdtqv S | MWHHV | 9.48% | 1.30% | 3.16% | ||
| P. Pwsh Jzsfc ZF Dslg Nnltfndm | TPGDY | 10.55% | 0.70% | 3.40% | ||
| H. Bnpq Vlcqs QS Dtds Qpxmd Kynnmm | HZLBP | 10.39% | 0.51% | 3.24% | ||
| Qqylnclp Vfsb Qflmy D | YLSBP | 8.31% | 1.40% | 2.73% | ||
| Zqhclhytjb Hbkb Dwxbq | JNBZD | 9.24% | 1.59% | 3.02% | ||
| Jjzygrfz Lvdv-Bhfhp Pnszhhygx Nj | FLJFC | 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.