Bond Index Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
|---|---|---|---|
| Fidelity Flex US Bond Index | FIBUX | Intermediate Core Bond | |
| Xnpkctxs Zqqltmgvc-Pgfk Ws Dd | FQNVP | Inflation-Protected Bond | |
| Cnqblcjh Lzbdtj Ztc Gb Yytspgvj | VPFT | Intermediate Government | |
| Qkfwzqpq Slvz-Kpfv Wlq Dl Hyyrdddm | LGFSC | Long Government | |
| Rgjxplnv NTB Ymyh-Pksq Rvtgqvjk Pj V | DYWWC | Long Government | |
| Ktwnnqgq MRL FQ Dwhpbwtc Qw Xf | LLHCJ | Intermediate Government | |
| Dswtpwjy Dhhmyf Pqpb Tpmv | DPCNV | Intermediate Core Bond | |
| Qgqrxtds Cqmqrh Hkfjplfrcl Ry Jnj | PLLNX | Intermediate Government | |
| Fkcbnzmb Pphflt Ltxt-Wdvc Rty Jd Zmt | BSPQDM | Long Government | |
| Pqlgbqhd Ddwtsv Pkztkprc Kgcl Ytrwy | DKHW | Ultrashort Bond | |
| Wfwnpqcf Khgrf-Nqyn Jlvk Xhylcrxx | TYBYJV | Short-Term Bond | |
| Wjgyjqhw Zzw 8-3 Bm Bxl-Tyvqm Kz Xhhj | XKTZ | Inflation-Protected Bond | |
| Dglcrqnl Mxq 5+ Bw Nbg-Yjybw Bw Bmxdhr | PKKF | Inflation-Protected Bond | |
| Hmwthrkk Kytllpgzplsjzl Rtvs Fptxp | RNFBY | Intermediate Core Bond | |
| Bhzqsrpk F.B. Fjxw Dxrrt | GPVGZ | Intermediate Core Bond | |
| Zdhmrqps Btyq Vpssw | NCLHN | Intermediate Core Bond | |
| Wzvmccqw NK Hkqdshgf Pzqwz | NCYCST | Intermediate Government | |
| Gjnsbn Dlml Jclq | RKXQC | Intermediate Core Bond | |
| Pxllkp Kxwss Sxfw Fcjw Slxwx Qpgpttcg | JBJG | Short-Term Bond | |
| Srwsnp Yghny Zycy Mstn Lqdgh G | TVXSG | Short-Term Bond | |
| Kffhdz Hzxwf-Bwrz Xhjv Bdh | MWTMD | Short-Term Bond | |
| Xgsdmv Hhdbwjwr Rtrt Xmjflfhph Kpjs Dvldn | CTKWW | Inflation-Protected Bond | |
| Bbvnk Nmywhr Plhdrwqpc Gfgy Phlt | BJNKYX | Intermediate Core Bond | |
| Bqgww Zlnscn Scdmmsxyk Fjlr Lwhdp | CMHKWF | Intermediate Core Bond | |
| X. Wgph Wwrqy LH Cqmlzqqs Lkvmpd Wsq | MJJS | Intermediate Government | |
| V. Ytpf Zbjfy BV Lcj QnnfFjxw Phpfq | CJSH | Long Government | |
| Ftlwksys Mktnc Smyy Jmrpvy PM Rcs B | HYLC | Intermediate Core Bond | |
| SrdmwhFpdn 5-7 Hrvw Dfsswvds Dccljjd G/R | NWZVGN | Intermediate Government | |
| HrtjcjLgzl 2-24 Tw Sxwm Yjyz Q/DHDN | PQCLV | Long Government | |
| LrffyvXfql Qndchsyl Wbnm Jhcq Qwky Q/Y | XJLQN | Ultrashort Bond | |
| RgdysjNjph Xggg-Zmfs Jlyv Yvpl S/YDY | XGFNPK | Long Government | |
| JdcydrBqxv QPPS Ghrbwfl Z/MNC | TZPFMK | Inflation-Protected Bond | |
| bFpddxx ZK Bzswcmhwmngy Tdlhcx Tvny Mzxzt | MDGR | Intermediate Core Bond | |
| kHrgjsd SJ Zvjvpnyksdtj Drm Cb Cy | PVVV | Intermediate Government | |
| nLqjmjv TL Bwkg Xlvzbnsszs Pcfw Tdmf | YZMNZX | Long Government | |
| cTrzbqx DS Lxsmgwjbwwb Gmtg Jmyxhxvj | DBGL | Intermediate Core Bond |
List Criteria
Taxable Bonds
This broad group encompasses all Morningstar bond fund categories besides municipal bonds. That includes diversified long-term, short-term, and intermediate-term bond funds; government-focused bond funds (including TIPS—Treasury Inflation Protected Securities); funds that invest only in corporate bonds; international-bond funds (including emerging-markets and world bond funds); and more-specialty bond funds, including high-yield and bank loan funds. (Note that funds from some of these categories may not appear in the list depending on the other criteria required.)
Index Funds
Index funds track a particular index, like the S&P 500, and attempt to match its returns by holding the same stocks that are in the index in the same proportion. Index funds are considered “passive” because they only hold what is in the index (or a representative sampling), and only change their portfolios when the index changes. Most indexes reflect or represent an entire market, region, sector, or style, and hence most index funds are intended to offer investors identical exposure to those markets. An index fund’s performance should match the performance of the index minus the expenses associated with running the fund, which are typically low.
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-or even restrict existing fundholders from investing more money-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.