High Yield Bond Funds
High-yield bond portfolios 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. These portfolios primarily invest in U.S. high- income debt securities where at least 65% or more of bond assets are not rated or are rated by a major agency such as Standard & Poor’s or Moody’s at the level of BB (considered speculative for taxable bonds) and below.
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Name
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Ticker
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Morningstar Category
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Fund Size
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SEC 30-Day Yield
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TTM Yield
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Total Return Rank in Category
3 Year
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Total Return Rank in Category
5 Year
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Total Return Rank in Category
10 Year
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Adjusted Expense Ratio
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Minimum Initial Investment
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Share Class Type
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Investment Status
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|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Vanguard High-Yield Corporate Inv | VWEHX | High Yield Bond | 23.85 Bil | 6.66% | 5.87% | 52 | 53 | 24 | 0.230% | $3,000 | No Load | Open |
| BlackRock High Yield Bond Svc | BHYSX | High Yield Bond | 21.64 Bil | 6.75% | 6.56% | 34 | 26 | 23 | 0.850% | $5,000 | No Load | Open |
| American Funds American High-Inc F1 | AHTFX | High Yield Bond | 19.55 Bil | 6.70% | 6.42% | 22 | 19 | 28 | 0.730% | $250 | No Load | Open |
| American Funds American High-Inc 529F1 | CITFX | High Yield Bond | 19.55 Bil | 6.89% | — | 20 | 15 | 19 | 0.790% | $250 | No Load | Open |
| American Funds American High-Inc F2 | AHIFX | High Yield Bond | 19.55 Bil | 7.01% | 6.72% | 19 | 14 | 14 | 0.430% | $250 | No Load | Open |
| American Funds American High-Inc 529-F-2 | FAHHX | High Yield Bond | 19.55 Bil | 7.00% | — | 20 | — | — | 0.440% | $250 | No Load | Open |
| American Funds American High-Inc 529-F-3 | FTAHX | High Yield Bond | 19.55 Bil | 7.05% | — | 19 | — | — | 0.380% | $250 | No Load | Open |
| Fidelity Capital & Income | FAGIX | High Yield Bond | 12.90 Bil | 5.91% | 5.18% | 13 | 1 | 1 | 0.690% | — | No Load | Open |
| Artisan High Income Investor | ARTFX | High Yield Bond | 8.43 Bil | — | 7.37% | 21 | 5 | 1 | 0.960% | $1,000 | No Load | Limited |
| Six Circles Credit Opportunities | CRDOX | High Yield Bond | 7.30 Bil | — | 7.67% | 75 | — | — | 0.290% | — | No Load | Open |
| T. Rowe Price High Yield | PRHYX | High Yield Bond | 6.64 Bil | 7.07% | 6.39% | 52 | 48 | 38 | 0.700% | $2,500 | No Load | Open |
| T. Rowe Price High Yield Adv | PAHIX | High Yield Bond | 6.64 Bil | 6.75% | 6.07% | 60 | 61 | 51 | 1.030% | $2,500 | No Load | Open |
| Osterweis Strategic Income | OSTIX | High Yield Bond | 5.33 Bil | 6.33% | 5.72% | 3 | 12 | 18 | 0.860% | $5,000 | No Load | Open |
| Lord Abbett Short Duration High Yield F3 | LSYNX | High Yield Bond | 3.77 Bil | — | 8.10% | 5 | — | — | 0.360% | — | No Load | Open |
| Lord Abbett Short Duration High Yield F | LSYFX | High Yield Bond | 3.77 Bil | — | 8.05% | 6 | — | — | 0.450% | — | No Load | Open |
| Lord Abbett High Yield F3 | LHYOX | High Yield Bond | 3.63 Bil | 7.43% | 6.92% | 88 | 77 | — | 0.610% | — | No Load | Open |
| Lord Abbett High Yield F | LHYFX | High Yield Bond | 3.63 Bil | 7.22% | 6.71% | 91 | 84 | 36 | 0.820% | — | No Load | Open |
| AB High Income Advisor | AGDYX | High Yield Bond | 3.08 Bil | 9.12% | 7.37% | 34 | 45 | 43 | 0.590% | — | No Load | Open |
| Fidelity High Income | SPHIX | High Yield Bond | 2.72 Bil | 7.28% | 5.51% | 73 | 92 | 58 | 0.740% | — | No Load | Open |
| Northern High Yield Fixed Income | NHFIX | High Yield Bond | 2.62 Bil | 7.45% | 6.64% | 52 | 33 | 40 | 0.600% | $2,500 | No Load | Open |
| American Century High Income G | ACHFX | High Yield Bond | 2.16 Bil | 0.07% | 6.96% | — | — | — | — | — | No Load | Open |
| American Century High Income Investor | AHIVX | High Yield Bond | 2.16 Bil | 6.81% | 6.22% | 46 | 26 | — | 0.780% | $2,500 | No Load | Open |
| Shenkman Capital Short Dur Hi Inc F | SCFFX | High Yield Bond | 2.02 Bil | 5.96% | 5.33% | 12 | 50 | 74 | 0.750% | $1,000 | No Load | Open |
| TIAA-CREF High Yield W | TIHWX | High Yield Bond | 1.97 Bil | 7.77% | 6.55% | 25 | 43 | — | — | — | No Load | Open |
| TIAA-CREF High Yield Advisor | TIHHX | High Yield Bond | 1.97 Bil | 7.28% | 6.08% | 35 | 65 | — | 0.490% | — | No Load | Open |
| TIAA-CREF High-Yield Retail | TIYRX | High Yield Bond | 1.97 Bil | 7.13% | 5.91% | 39 | 74 | 46 | 0.660% | $2,500 | No Load | Open |
| TIAA-CREF High-Yield Premier | TIHPX | High Yield Bond | 1.97 Bil | 7.23% | 6.05% | 36 | 67 | 38 | 0.510% | — | No Load | Open |
| City National Rochdale Fxd Inc Opps N | RIMOX | High Yield Bond | 1.95 Bil | 8.05% | 6.48% | 66 | 93 | 80 | 1.270% | — | No Load | Open |
| Goldman Sachs High Yield P | GGMPX | High Yield Bond | 1.92 Bil | 6.65% | 6.15% | 80 | 74 | — | 0.670% | — | No Load | Open |
| Goldman Sachs High Yield Inv | GSHTX | High Yield Bond | 1.92 Bil | 6.58% | 6.10% | 82 | 78 | 73 | 0.730% | — | No Load | Open |
| Goldman Sachs High Yield Svc | GSHSX | High Yield Bond | 1.92 Bil | 6.12% | 5.65% | 91 | 91 | 89 | 1.180% | — | No Load | Open |
| Fidelity SAI High Income | FSHGX | High Yield Bond | 1.58 Bil | 7.39% | 5.57% | — | — | — | 0.590% | — | No Load | Open |
| American Beacon SiM High Yld Opps Inv | SHYPX | High Yield Bond | 1.42 Bil | 6.67% | 6.45% | 9 | 7 | 5 | 1.100% | $2,500 | No Load | Open |
| Strategic Advisers Income Opportunities | FPIOX | High Yield Bond | 1.42 Bil | — | 6.09% | 40 | 40 | 34 | 0.550% | — | No Load | Open |
| Columbia High Yield Bond Adv | CYLRX | High Yield Bond | 1.30 Bil | 6.67% | 5.72% | 54 | 37 | 26 | 0.730% | $2,000 | No Load | Open |
| Victory High Income | USHYX | High Yield Bond | 1.02 Bil | 8.03% | 7.49% | 52 | 74 | 59 | 0.790% | $3,000 | No Load | Open |
| Invesco High Yield Investor | HYINX | High Yield Bond | 891.10 Mil | 6.27% | 6.46% | 69 | 90 | 84 | 1.040% | $1,000 | No Load | Limited |
| Manning & Napier High Yield Bond S | MNHYX | High Yield Bond | 800.04 Mil | 7.79% | 6.44% | 2 | 2 | 4 | 0.910% | $2,000 | No Load | Open |
| Manning & Napier High Yield Bond W | MHYWX | High Yield Bond | 800.04 Mil | 8.60% | 7.20% | 1 | 1 | — | 0.110% | — | No Load | Open |
| RiverPark Short Term High Yield Retail | RPHYX | High Yield Bond | 791.53 Mil | 5.10% | 5.19% | 3 | 68 | 89 | 1.190% | $1,000 | No Load | Open |
| Janus Henderson High-Yield T | JAHYX | High Yield Bond | 759.45 Mil | 6.73% | 6.24% | 96 | 83 | 72 | 0.880% | $2,500 | No Load | Open |
| Janus Henderson High-Yield S | JDHYX | High Yield Bond | 759.45 Mil | 6.47% | 5.99% | 97 | 92 | 83 | 1.130% | $2,500 | No Load | Open |
| Janus Henderson High-Yield D | JNHYX | High Yield Bond | 759.45 Mil | 6.85% | 6.34% | 95 | 80 | 64 | 0.770% | $2,500 | No Load | Limited |
| Columbia Income Opportunities Adv | CPPRX | High Yield Bond | 751.68 Mil | 6.37% | 5.53% | 50 | 66 | 46 | 0.710% | $2,000 | No Load | Open |
| Payden High Income Adv | PYRLX | High Yield Bond | 708.75 Mil | — | — | — | — | — | 0.850% | $5,000 | No Load | Open |
| Thrivent High Yield S | LBHIX | High Yield Bond | 663.57 Mil | 7.29% | 5.82% | 58 | 82 | 60 | 0.550% | $2,000 | No Load | Open |
| MFS High Yield Pooled | HYPPX | High Yield Bond | 630.11 Mil | — | 6.63% | — | — | — | 0.020% | — | — | Open |
| Neuberger Berman High Income Bond E | NHIEX | High Yield Bond | 610.57 Mil | 7.55% | 7.36% | — | — | — | 0.090% | — | No Load | Open |
| Neuberger Berman High Income Bond Inv | NHINX | High Yield Bond | 610.57 Mil | 6.74% | 6.59% | 80 | 66 | 67 | 0.880% | $2,000 | No Load | Limited |
| Impax High Yield Bond Investor | PAXHX | High Yield Bond | 544.26 Mil | 6.54% | 5.45% | 97 | 85 | 89 | 0.920% | $1,000 | No Load | Open |
High Yield Bond Funds - Default List Criteria
This list is limited to US mutual funds that are primarily used by individual or retail investors.
SEC Yield is based on a 30-day period ending on the last day of the previous month. It is computed by dividing the net investment incomes per share earned during the period by the maximum offering price per share on the last day of the period. The figure listed lags by one month. When a dash appears, the yield available is more than 30 days old.