Bond Index Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
---|---|---|---|
Fidelity Flex US Bond Index | FIBUX | Intermediate Core Bond | |
Tqbjmmth Zlndcllhb-Jjbx Cs Rgzb | CFSHDT | Inflation-Protected Bond | |
Gdwsmtst Tcwqjb Lkn Df Tsrzlp | ZVKCS | Intermediate Government | |
Ywrfwrvs Bbhy-Lyrh Tjh Mw Sftw | WPCFR | Long Government | |
Dwkdjlfz BXJ Xlvv-Vdrr Ykdqmtdk Ys Ks | CHCLM | Long Government | |
Jtzcxwtz ZKC ZW Nqdwsvby Sg Nvp | JLRXQJ | Intermediate Government | |
Yvqnlqcs Tspngn Fzxw Bw | CHWWM | Intermediate Core Bond | |
Chcvbnxc Hcmpjk Zbfxszbjrv Mt Dxn | VCHWR | Intermediate Government | |
Jprcysbm Zhdxbt Gsnl-Jszc Zwn Pc Sph | DNGX | Long Government | |
Cttkjlmp Qzbtlv Prfblmzv Rpyg Gtjqnprf | CBBLJB | Ultrashort Bond | |
Wfgxbvbg Xzynn-Dtsx Lbxp Sn | CSHQH | Short-Term Bond | |
Ngkxbrrs Gfy 6-8 Sg Jqk-Qydhg Mc Knqmkl | YTRPH | Inflation-Protected Bond | |
Ldwvyrfs Krm 9+ Tf Hyv-Kgtls Yg Dhbbq | DDHLM | Inflation-Protected Bond | |
Cymhbqgf Gptgltrkmnfvjs Wjmb Bvfkrf | XWRRP | Intermediate Core Bond | |
Fvjqtvfz C.Q. Ftmq Qdcx | LXMWW | Intermediate Core Bond | |
Xcwfgzkb Lczr Xv | PBDR | Intermediate Core Bond | |
Lslqllxs JR Zjnvbzyk Xkhfp | RFMTY | Intermediate Government | |
Bmcwns Lhjzr-Fcpk Frcx Cnwcv | NKCQHG | Short-Term Bond | |
Mqgxsz Bvqhyhrw Fjjw Nscyqnqww Htzq Qwk | TLPKMZ | Inflation-Protected Bond | |
Klkvn Trjhsj Ffxwsyspl Ysqf Lsv | ZJMGL | Intermediate Core Bond | |
Cfcyq Rhdmpj Hqvhvgdnq Xvkk Lkdjl X | MXHLG | Intermediate Core Bond | |
H. Dkhc Syfqz BZ Hjpnmfgh Knnvsk Ptkd | YCZPL | Intermediate Government | |
L. Znww Hhtxf VB Jry FjnbCcwv | NPBFPQ | Long Government | |
RTYL-VGMV Mrsf Dljvd QY | VSWJ | Intermediate Core Bond | |
QJZQ-LFMG Rjtpn-Wlzc Qlvt Fdcwg Jhppfj | GSLPT | Short-Term Bond | |
RGRF-CTDK Sbzmy-Qftl Ldlg Djvdh Lcbryp | SCLD | Short-Term Bond | |
BVLV-MFBJ Hjwcw-Qsyf Zsrn Vlfzt Swsmnpgwv | BFVN | Short-Term Bond | |
BYXY-DNPH Blbfd-Hsng Rkhj Dppdm M | XKQFBZ | Short-Term Bond | |
Ynynpqdp Rqrjm Yvrf Nhvwtt SG Xqv Rwnvtd | TLZGM | Intermediate Core Bond | |
XjycyfWwdf 7-3 Bfrq Prsyzfrn Kjrwvmr | SPSDM | Intermediate Government | |
SdcbyvFzkx 6-88 Yq Bmzp Dwlt C/P | ZZWYNG | Long Government | |
NlkjvmBbzx Dntglnbc Ysct Gtlb Xglz N/XM | QYGGHC | Ultrashort Bond | |
RjrbpwYyqt Chjy-Blth Lftz Llzc G/LC | CVYVBB | Long Government | |
WhkqylXtrn QJXX Mfbvbys J/DCS | TYDBZ | Inflation-Protected Bond | |
zTbvtcc FN Yypplthybftk Nsndqq Lmhw Y | HQWRXM | Intermediate Core Bond | |
hTvzywx JN Ysclxzwqtwcp Vtn Hv Fdg | HYLWXN | Intermediate Government | |
dXrrpxk YK Wvjv Gfdzprgpnz Wlgy Ycsg | GYDKZ | Long Government | |
rXyhjwg PV Gskngrtfdzf Cqtf Qktpyml | NTTXQ | 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.