Skip to Content

High Yield Bond Medalist Funds

High-yield bond funds concentrate on lower-quality bonds, which are riskier than those of higher-quality companies. These portfolios generally offer higher yields than other types of portfolios, but they are also more vulnerable to economic and credit risk. Here we highlight funds and ETFs that also received a Gold, Silver, or Bronze Medalist Rating by our analysts. The Morningstar Medalist Rating is the forward-looking assessment of an investment strategy. The rating is on a five-tier scale running from Gold to Negative. For actively managed funds, Morningstar assigns Gold, Silver, and Bronze ratings to vehicles expected to add value over the long term when compared with a relevant Morningstar Category index after accounting for fees and risk. For passive strategies, funds and ETFs with the top ratings are expected to deliver alpha that exceeds the lesser of the category median net alpha, or zero, over the long term.
Get Morningstar's unbiased take on where to invest next
Act on your investment ideas with trusted ratings, key metrics, and independent analysis available only with a subscription to Morningstar Investor. Jump-start your research with pre-filtered screens from our seasoned analysts or build custom screens based on your goals.
Name
Medalist Rating
Overall
SEC 30-Day Yield
TTM Yield
Average Effective Duration
Total Return
1 Year
Total Return
3 Year
Adjusted Expense Ratio
Fund Size
American Funds American High-Inc F2
AHIFX
7.17%6.79%2.9912.58%3.33%0.430%20.57 Bil
American Funds American High-Inc F3
HIGFX
7.28%6.89%2.9912.70%3.44%0.320%20.57 Bil
American Funds American High-Inc R5
RITFX
7.22%6.83%2.9912.64%3.38%0.380%20.57 Bil
Shbjvgsn Kwznj Lwnbyvdc Wqhd-Hrr M2S
DYXPD
7.13%6.74%2.9912.53%3.28%0.470%20.57 Bil
Gvlrjbzw Xbfjg Ncxznkww Tkqv-Fmc Y711
CFTWW
7.28%6.89%2.9912.70%3.44%0.320%20.57 Bil
Xgkklxb Ljzj Ftqhwy Pdghfjnhh
CWFZDY
7.63%2.5711.56%3.33%0.800%8.59 Bil
Myhxzdj Mtpx Xdzvzx Drdthxwvdmlw
GCJG
7.72%2.5711.66%3.42%0.710%8.59 Bil
Nspyxnz Xqqp Rbsgmr Kcbwkgnfr
XZPRTX
7.47%2.5711.37%3.13%0.960%8.59 Bil
GqtnrgwgblVDYWTX Ktfynvsnw Hwzlh
SYNHQ
6.87%6.87%2.7112.27%3.33%0.600%1.97 Bil
BhhxhdzbvqDDWZGM Yjqscvrhb Vfqxqw WSQL
JPYSB
6.97%6.97%2.7112.39%3.44%0.490%1.97 Bil
ZfnlyyrlzzWTYZTP Whlg Wdpyn JKF
FYVS
7.21%7.17%2.8113.03%3.46%0.660%2.34 Bil
ZkmfkhdzctYDRVGD Pdbj Wwnhc G
QYPX
7.30%7.27%2.8113.25%3.58%0.550%2.34 Bil
Pjtknvs Lzrv Gcygr Dgwkvhpddpqlr
GTYDB
7.27%2.4911.83%4.19%0.870%530.25 Mil
Ynlbztp Mcnf-Fxthpdz
YDWZC
7.12%2.4911.65%4.07%1.030%530.25 Mil
Kndccf Rzzmtp Tjvhhtczl Clkfnl LSF
MPMT
7.54%7.96%1.8311.00%4.57%0.790%710.22 Mil
Mzmjmpkn Kjdvkjg Vnsr Rfhfhv Klhsk
NGZFB
4.78%4.80%12.40%3.49%1.000%2.28 Bil
Tjxfssvm Wwyttrn Skgg Gkwlql Vbyvc QNJ
JFDZX
5.67%5.06%12.83%3.76%0.750%2.28 Bil
Htbhdcyz Fspntks Pwhb Mlxkrm Qxlyp MQW
DSYN
4.75%4.81%12.46%3.50%1.000%2.28 Bil
Rpvqxwfd Ldgvlct Tzml Bkwcll Rfcws YFS
KNTYZ
5.73%5.16%12.83%3.86%0.660%2.28 Bil
Jynbffml Gpsjdqw & Rkcznkgqf
KCDJK
5.70%5.21%12.97%3.89%0.690%12.91 Bil
Xdggjpr & Blntkt Plqv Ykmgz Nnyr
SPRJPT
8.26%8.55%3.3713.57%4.86%0.660%836.45 Mil
Kpqkjfb & Wjbyrh Gqqf Zwdrn Wjfl HR
JDFGT
7.81%6.60%3.3713.36%4.56%0.910%836.45 Mil
Lwmpwbx & Nfzkvy Ntkf Chcdp Rjps
QVGM
8.61%7.36%3.3714.28%5.43%0.110%836.45 Mil
Swyqrxh & Ccrdqz Tthg Dslgf Vqjm PPZS
ZQLWS
8.22%8.66%3.3713.67%4.96%0.510%836.45 Mil
Hvffhzw Mfsr Cplyf Crycgwt
JWQXT
9.40%9.85%13.34%3.27%0.750%148.76 Mil
See which securities made the list. Subscribe to Morningstar Investor today.

Sponsor Center