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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.

Name
Ticker
Morningstar Category
Fund Size
SEC 30-Day Yield
TTM Yield
Total Return Rank in Category
3 Year
Total Return Rank in Category
5 Year
Total Return Rank in Category
10 Year
Adjusted Expense Ratio
Minimum Initial Investment
Share Class Type
Investment Status
DWS High Income SKHYSXHigh Yield Bond524.18 Mil6.50%6.10%4334320.750%$2,500No LoadOpen
Touchstone Ares Credit Opps YTMAYXHigh Yield Bond483.01 Mil7.24%8.10%990.840%$2,500No LoadOpen
T. Rowe Price US High YieldTUHYXHigh Yield Bond475.63 Mil7.63%6.76%83500.750%$2,500No LoadOpen
T. Rowe Price US High Yield AdvisorTUHAXHigh Yield Bond475.63 Mil7.48%6.63%8555190.900%$2,500No LoadOpen
Voya High Yield Bond WIHYWXHigh Yield Bond472.61 Mil8.61%5.89%7969500.780%$1,000No LoadOpen
Metropolitan West High Yield Bond MMWHYXHigh Yield Bond466.13 Mil7.60%5.86%8841620.860%$5,000No LoadOpen
Buffalo High-YieldBUFHXHigh Yield Bond446.01 Mil6.98%5481.030%$2,500No LoadOpen
Empower High Yield Bond InvMXHYXHigh Yield Bond431.63 Mil5.38%8634370.980%No LoadOpen
VALIC Company I High Yield BondVHYLXHigh Yield Bond423.06 Mil6.26%5.92%5533300.680%No LoadOpen
RiverPark Strategic Income RetailRSIVXHigh Yield Bond405.81 Mil10.99%6.94%215401.180%$1,000No LoadOpen
Voya High Yield Port SIPHYXHigh Yield Bond387.04 Mil8.63%5.85%7667450.730%No LoadOpen
MassMutual High Yield SvcDLHYXHigh Yield Bond377.51 Mil7.53%5.81%3436180.740%No LoadOpen
MassMutual High Yield AdmMPHLXHigh Yield Bond377.51 Mil7.43%5.72%3641220.840%No LoadOpen
T. Rowe Price Global High Income Bd AdvPAIHXHigh Yield Bond370.02 Mil6.88%5.81%81610.960%$2,500No LoadOpen
T. Rowe Price Global High Income BdRPIHXHigh Yield Bond370.02 Mil7.10%5.99%74520.750%$2,500No LoadOpen
DWS Global High Income SSGHSXHigh Yield Bond326.31 Mil6.40%5.44%5048210.760%$2,500No LoadOpen
Polen Opportunistic High Yield - InvDDJRXHigh Yield Bond313.49 Mil10.14%8.11%60951.140%$3,000No LoadOpen
Carillon Chartwell Short Duration HY FdCWFIXHigh Yield Bond256.51 Mil6.19%4.48%36750.490%$1,000No LoadOpen
Fidelity Short Duration High IncomeFSAHXHigh Yield Bond231.67 Mil6.97%5.63%3269790.750%No LoadOpen
Fidelity Focused High IncomeFHIFXHigh Yield Bond206.25 Mil5.95%4.07%8288630.750%No LoadOpen
JHFunds2 High Yield 1JIHDXHigh Yield Bond197.25 Mil7.18%7659680.860%No LoadOpen
Guggenheim High Yield PSIHPXHigh Yield Bond193.93 Mil6.77%5.62%32410.910%No LoadOpen
PACE High Yield PPHYPXHigh Yield Bond190.54 Mil7.44%6.20%7552420.880%$10,000No LoadOpen
PACE High Yield P2PHDTXHigh Yield Bond190.54 Mil7.77%5.78%0.500%No LoadOpen
Northern Multi-Manager Hi Yld OppNMHYXHigh Yield Bond190.14 Mil7.21%7.70%3335310.680%$2,500No LoadOpen
T. Rowe Price Credit OpportunitiesPRCPXHigh Yield Bond176.35 Mil7.06%6.31%23200.810%$2,500No LoadOpen
T. Rowe Price Credit Opportunities AdvPAOPXHigh Yield Bond176.35 Mil6.94%6.23%27230.910%$2,500No LoadOpen
Lazard US High Yield Portfolio OpenLZHOXHigh Yield Bond168.79 Mil0.06%3.79%9293830.840%$2,500No LoadOpen
PIA High Yield (MACS) Mgd Acct CmpltnPIAMXHigh Yield Bond161.44 Mil10.13%8.14%540.210%$1,000No LoadOpen
GMO High Yield IGMOZXHigh Yield Bond152.65 Mil3.65%0.590%No LoadOpen
Morgan Stanley Pathway Hi YldTHYUXHigh Yield Bond135.90 Mil6.56%6789900.970%$1,000No LoadOpen
Northeast Investors TrustNTHEXHigh Yield Bond133.64 Mil4.92%8971002.200%$1,000No LoadOpen
Voya VACS Series HybVVITXHigh Yield Bond126.97 Mil7.33%No LoadOpen
Mesirow High Yield InvMFHVXHigh Yield Bond111.37 Mil10.21%9.69%2071.000%$5,000No LoadOpen
Touchstone High Yield YTHYYXHigh Yield Bond104.73 Mil6.47%5.86%4463620.800%$2,500No LoadOpen
American Century High-Yield InvABHIXHigh Yield Bond94.23 Mil5.70%4.92%9087820.790%$2,500No LoadOpen
Changing ParametersCPMPXHigh Yield Bond91.41 Mil2.91%73142.450%$2,500No LoadOpen
Fidelity Global High IncomeFGHNXHigh Yield Bond76.51 Mil6.66%4.17%8881540.800%No LoadOpen
Segall Bryant & Hamill Qua Hi Yld RetailWTLTXHigh Yield Bond67.45 Mil6.18%4.30%4748230.850%$2,500No LoadOpen
RiverNorth/Oaktree High Income RRNOTXHigh Yield Bond54.37 Mil6.00%5.86%2760662.270%$5,000No LoadOpen
TCW High Yield Bond NTGHNXHigh Yield Bond48.02 Mil6.51%5.68%6430270.800%$2,000No LoadOpen
Rydex High Yield Strategy HRYHGXHigh Yield Bond36.45 Mil3.97%8298711.570%$2,500No LoadOpen
Federated Hermes High Yield StrategyFHYSXHigh Yield Bond27.87 Mil6.15%5.84%0.040%No LoadOpen
Access Flex High Yield ProFund InvFYAIXHigh Yield Bond18.82 Mil4.59%6697811.680%$15,000No LoadOpen
Invesco SMA High Yield BondSMHYXHigh Yield Bond10.22 Mil0.02%$1,000No LoadOpen
Metropolitan West Oppc Hi Inc Crdt MMWORXHigh Yield Bond1.49 Mil11.63%7.18%0.860%$5,000No LoadOpen

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.

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