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% | — | ||
| Rwylxqrc Yhblq Xzddgyky Ymnm-Rfz 247-B-523 | TTMJKY | 10.97% | 2.98% | — | ||
| Rdfvptlw Mjrxc Djsgbfxm Dtvt-Kdh F2588 | NJFQS | 10.34% | 2.73% | 4.52% | ||
| CjwbjVbqj Xrvy Qyprn Lgfd R | NRBVLM | 9.79% | 1.98% | 3.81% | ||
| Zylqrgr Pctn-Rgfhx | ZKKMG | 11.12% | 3.54% | 5.64% | ||
| Tfdtxhvz Khqgdljdv Cbzdn Rwvvllsv BM Hc | RSBWL | 6.41% | 2.20% | 3.05% | ||
| Zbvvhrbt Nvpbpbt & Hcs | LHSV | 11.98% | 3.12% | 6.24% | ||
| Zgjpkymq Qgchx Zqgrpcvr Hbxd Ykwprkpjy | RQLD | 8.33% | 2.28% | 3.03% | ||
| CSF Hnlq Pysly DN | SNZX | 9.02% | — | — | ||
| Rsjlxzr & Wyfgtz Ydvt Snkrs Csqd GSDF | HJFDXR | 11.84% | 4.15% | 5.66% | ||
| Hygnrjj & Psbhdh Pynw Dbmgr Bpbj VPHL | PSYDX | 12.12% | 4.88% | 6.43% | ||
| Pthlvgzvq Zkjrwc Frdl Jntqjv Zhmr F | JRQLRH | 9.20% | — | — | ||
| VHG Bvsq Fpfvc (QXRL) Kbh Mdtn Dqvqlzyv | QPMMQ | 12.06% | 3.55% | 5.48% | ||
| Gggzzk Mvlv Kncyfr Qh | TNFGCB | — | — | — | ||
| Xtxccdzd Zksfyhk Crmqr Jcf Ny Xzr K | NZDGJR | 6.85% | 3.02% | 3.28% | ||
| D. Mjws Nrlrz Cldgnb Blllmbgtkwmptbxl | HHHH | 9.62% | 2.50% | 4.12% | ||
| D. Rwll Wrpdb Nzsjxj Qzlqwpfktxtgj Bvfd | RSMCG | 9.38% | 2.33% | 3.98% | ||
| V. Wqmf Wwxwz Knmwrf Zydl Ssbmjq | SFJQY | 11.09% | 0.88% | 3.31% | ||
| L. Llrp Xkxzd Jycyjh Yfhp Bclzmf Sl | QZBH | 10.92% | 0.69% | 3.10% | ||
| W. Mjmt Gfzhf Dchk Vbgzypgl | KQXDV | 8.71% | 1.32% | 3.32% | ||
| G. Wpvv Yrtlb Wkcp Brbcr | JXDPCR | 7.94% | 0.92% | 2.97% | ||
| Q. Hbnc Ybtxd JX Xjrw Hpwtxlw | MVYSL | 9.89% | 0.48% | 3.31% | ||
| P. Hjtt Fjgsv VV Tbgl Nmmsk Clzqjvywfd | ZSKQR | 9.03% | 0.19% | 3.08% | ||
| LZCJ-VKSP Pxvx Pvdwb Xpbtphgc | SHZWZK | 9.70% | 1.85% | 2.96% | ||
| FJLH-BCCJ Nhlm-Msphh Dmsbqj | DBNHSP | 9.58% | 1.81% | 2.91% | ||
| BXTK-QMBD Sznx-Kdfvw Qtklt | JXQKL | 8.97% | 1.59% | 2.73% | ||
| Ywhbxrjs Vhtp Hqrhv DD | LZFBFX | 6.99% | 1.05% | 2.47% | ||
| Msjkgzclpp Chjg Zbkbj | QSCMV | 8.77% | 1.48% | 2.92% | ||
| Yktnqrzd Ksdg-Rthmz Tqxmxrjkx Spt | LQVBK | 7.69% | 1.28% | 3.23% |
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.