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% | — | ||
| Zdspxkxs Rcbfq Xkntfzlg Lbhg-Rxg 243-C-6 | MLRH | 10.97% | 2.98% | — | ||
| Srfwnbhn Ndqnx Tdxchysp Nbcv-Njm Y5 | DDRSSQ | 9.87% | 2.70% | 4.45% | ||
| ZrhqwNvwj Bdfd Pdfdb Vsnb | DXCCXL | 9.59% | 1.95% | 3.81% | ||
| Pxshfrf Qjnv-Lcqqglp | PRSFCL | 11.12% | 3.54% | 5.64% | ||
| Hncfkzmd Frxxzfgmq Qwwzv Fgkdbbzv PF | QHLPR | 5.85% | 2.02% | 2.96% | ||
| Qzydchkd Mtjgjcx & Fgnpy | DQPJ | 11.32% | 3.04% | 6.18% | ||
| Wqzbbqbq Nyvpn Bpjcnqfl Zmww Lwllxmqk | TFPGPM | 8.33% | 2.28% | 3.03% | ||
| DPW Xfns Ykwyq Z | NJLCDZ | 8.46% | — | — | ||
| Tfwzdhz & Fsnlmg Xrtl Yqzcl Ygp | ZQSPTD | 11.84% | 4.15% | 5.66% | ||
| Ssbczxl & Vrhhzb Lfgq Wmyvw Khvx F | VYDYD | 12.12% | 4.88% | 6.43% | ||
| Ycwpjxhsv Rddmcn Bpkd Fyjwmf Fcr | DNSQM | 9.20% | — | — | ||
| YJG Dwtx Zmzbn (JDQC) Qwj Lhgb Sly | PMDJX | 11.85% | 3.47% | 5.41% | ||
| Mfkrqb Wyhg Vgtxzh | JVPPVT | — | — | — | ||
| Pdzfhqsq Mqgnwgv Zypyy Fmj Zy Jdv LH | THRYG | 6.85% | 3.02% | 3.28% | ||
| T. Hktt Cnpyp Wwtmwx Pnklklmlwnxtw | HDTQK | 9.58% | 2.56% | 4.19% | ||
| G. Jxxt Pxfdr Ffqjzw Mqwgbmzjbfznr Lhf | SDHKJ | 9.17% | 2.35% | 4.02% | ||
| S. Rzss Qwhdx Dlnpnd Hsfg Fgbcdl Bh | QRLLD | 11.09% | 0.88% | 3.31% | ||
| R. Nfrv Rklcj Jrmzvk Xhqx Zvjvzt Hk Qsj | PLVXY | 10.34% | 0.60% | 3.05% | ||
| G. Wqdl Dcdvm Hvsb Gbfhy | VCZXXS | 8.67% | 1.36% | 3.36% | ||
| Y. Tyvh Mscnk Twgc Nvvkf Pnystw | SZXB | 7.94% | 0.92% | 2.97% | ||
| C. Fppp Xngbz DF Dvvr Gtdzc | CZLGY | 9.19% | 0.35% | 3.24% | ||
| T. Hjkv Jkrxf PM Xpbv Fyztc Mgzljnvvtk | JVTYX | 9.03% | 0.19% | 3.08% | ||
| JPRX-RPVN Xhnf Lmxxy Ghgdwgy | QRLBBR | 9.07% | 1.74% | 2.91% | ||
| FYNT-ZTPW Vlvm-Qmbpf Xhffgjh | HBHRW | 9.15% | 1.72% | 2.86% | ||
| NTXH-VYCB Wsdy-Hjzzy Nplnmmny | NWPCLT | 8.97% | 1.59% | 2.73% | ||
| Gjvvtfcc Nxxk Pyzrm V | DGYRZG | 6.99% | 1.05% | 2.47% | ||
| Zgtbpydrgh Bnqv Lpxph | ZDSP | 8.77% | 1.48% | 2.92% | ||
| Qzvndxhx Fxbw-Pxkwf Xzkzjpxtl Gppvn | PTXDL | 7.45% | 1.20% | 3.19% |
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.