Bond Index Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
---|---|---|---|
Fidelity Flex US Bond Index | FIBUX | Intermediate Core Bond | |
Fvqrktyf Dyxcgrzjx-Hndv Nq Fqcmdxww | YDZWS | Inflation-Protected Bond | |
Ckvrwkrw Chmmrt Ync Rh Yklrmldh | GMPBF | Intermediate Government | |
Hnscmshj Qrhb-Vnbs Tdk Zm Qhrdvbh | VVQNG | Long Government | |
Cpnmspgs BWQ Dnzv-Hdql Swndjndr Hw T | ZMTBY | Long Government | |
Llyywktg KPW CK Rqyxrqmg Rm Y | TGTF | Intermediate Government | |
Bvfflbmv Nzfrlm Qfts Sx | HZFPL | Intermediate Core Bond | |
Phhwxzjk Ggrdgd Nntcmwdxfp Sr B | FNMXZB | Intermediate Government | |
Yckqcjrw Dxvsfv Zfcp-Zbyb Rnv Tv | LVNW | Long Government | |
Zbgdgskx Vlphsy Vvxkygnt Dxbq Lmjphn | BZBNY | Ultrashort Bond | |
Mymrgfkn Kwbfk-Hgdh Lngs Kvblcqfs | JJWXD | Short-Term Bond | |
Gnxwnnhg Khf 2-6 Fz Lds-Nxpfp Hp | XWJYF | Inflation-Protected Bond | |
Kqrrqnlk Ggm 2+ Wz Sdl-Hxjlv Ry Knszhc | XVGFP | Inflation-Protected Bond | |
Hmhrvltm Zmflnvwjyxpnvq Rzlt Flzxg | PCHFN | Intermediate Core Bond | |
Qktnlsyr X.H. Pynd Tx | CJWK | Intermediate Core Bond | |
Fcccqjtw Hrnt Hzsvsnpc | CDPSK | Intermediate Core Bond | |
Nbfzyprb CP Shngthrn Nxb | CJYCH | Intermediate Government | |
Ckvtvv Rdbx Hfwdl | ZQMZ | Intermediate Core Bond | |
Xggfwx Rqjpr Ysxx Npbl Jjrjg Lsqpszp | RVBMGX | Short-Term Bond | |
Lhlgny Ywmwg Rcgt Qyvk Gkmkf | BJGMC | Short-Term Bond | |
Lcjhzr Wfkhl-Cbvf Lrrr Gzjgsm | VJJR | Short-Term Bond | |
Gbyqjz Qcjcmwqb Nrnd Dkshkfpyg Hkjf Btb | LBPPN | Inflation-Protected Bond | |
Ymcjw Mxlznf Sgbcqfrvf Vphy C | VMSG | Intermediate Core Bond | |
Hynzg Vvpqlk Lvbvcfrqj Xvhh Pnkxh GBKJ | BZYV | Intermediate Core Bond | |
Q. Symy Vlcmy CS Fklydjxr Kgxdmj Qwh | SYSYK | Intermediate Government | |
K. Pcpw Gvcqt XK Ntp WxjdVfsd Ncph | VQLNWR | Long Government | |
Lcrlnfts Nkyhr Cmhn Sdvpdp ZL Lbs Py | YDZH | Intermediate Core Bond | |
DvnvtnLbqc 9-3 Cdnd Vzxzxvsf Qqybjjs | JKJX | Intermediate Government | |
BrtknjHwsc 9-87 Ft Ksxb Npjf R | XYJV | Long Government | |
KjvqsdBkfl Hrpjzgtl Rpcs Klft Rtpg X/ZSPY | HTCMM | Ultrashort Bond | |
GszzfgRdpk Fkxc-Trzx Zxvz Zcdz Q/G | ZMRGK | Long Government | |
LtdcjqBtyg VSZR Rzdrsyx J/K | HDHHGL | Inflation-Protected Bond | |
tPpyjpp PN Lqxvbdwslnyg Bsvxdp Skrc C | JNCHD | Intermediate Core Bond | |
hScwtzy FP Wcrynrzccbzt Nlr Xd Vgr | MMKNBK | Intermediate Government | |
dNvcnwy NH Hywt Lksxkpqszm Frws | LQSCS | Long Government | |
tFwyllr YF Xtplktksyrz Pykb Pqsmh | ZKCF | Intermediate Core Bond |
List Criteria
Taxable Bonds
This broad group encompasses all Morningstar bond fund categories besides municipal bonds. That includes diversified long-term, short-term, and intermediate-term bond funds; government-focused bond funds (including TIPS—Treasury Inflation Protected Securities); funds that invest only in corporate bonds; international-bond funds (including emerging-markets and world bond funds); and more-specialty bond funds, including high-yield and bank loan funds. (Note that funds from some of these categories may not appear in the list depending on the other criteria required.)
Index Funds
Index funds track a particular index, like the S&P 500, and attempt to match its returns by holding the same stocks that are in the index in the same proportion. Index funds are considered “passive” because they only hold what is in the index (or a representative sampling), and only change their portfolios when the index changes. Most indexes reflect or represent an entire market, region, sector, or style, and hence most index funds are intended to offer investors identical exposure to those markets. An index fund’s performance should match the performance of the index minus the expenses associated with running the fund, which are typically low.
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-or even restrict existing fundholders from investing more money-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.