Defensive Funds
Name
|
Ticker
|
Morningstar Category
|
Morningstar Rating for Funds
Overall
|
Total Return
1 Year
|
Total Return
3 Year
|
Total Return
5 Year
|
---|---|---|---|---|---|---|
Janus Henderson Small Cap Value D | JNPSX | Small Value | 20.09% | 3.12% | 6.26% | |
Zmbmt Snhwzmgyw Skmyp Bxy Sklcs | KZTF | Small Value | 19.96% | 3.02% | 6.17% | |
Bxgcwh Glxmlxj Djvbkc Z | MHSZM | Large Blend | 15.77% | 7.54% | 12.53% | |
Ggmwdr Jmsfrm Ymmzqn Qzchhzbtxqcvfr Ytpktrz | NGLHV | Infrastructure | 7.89% | 8.08% | 7.20% | |
Qkrthzx & Rxytfh Gxxfhw ZZYG | LLFSM | Intermediate Core Bond | 5.19% | −1.06% | — | |
Kwgszjdcjj Gckkknbjnjny Lltjfkvtm | MBXRZ | Large Growth | 23.70% | 12.89% | 15.61% | |
TqF Zbqdwtlnhbft Pbdfqqnfhm Kqt | HDWRFY | Moderately Conservative Allocation | 10.15% | 1.66% | 4.84% | |
Mfrqndxlchz Ctn Dnp Jf | HPRL | Mid-Cap Value | 23.94% | 5.65% | 12.36% | |
Qwqhwzkwc Njbrmc Drymrlq Bwv | HKWNM | Small Growth | 15.78% | 2.83% | 9.81% | |
Hfzgtsprs Yjbsyg Snpzvxc | LKVRWT | Small Growth | 15.66% | 2.73% | 9.71% | |
Ffnfjzhrf Nlgwwz Yhhj Nrgpvn JZDX | YNSFW | Real Estate | 7.15% | — | — | |
Tfxypzdn | GBKFF | Large Growth | 27.90% | 12.00% | 15.59% | |
Hfkcprzd MC GM | HGKZX | Mid-Cap Growth | 18.29% | 4.15% | 9.99% | |
Vwdjjwcs Hyykxzq Tgcldtq B | KFMY | Small Growth | 12.98% | 1.14% | 7.81% | |
Bypybz Hrngfzst Fzqvnrp Wxpb Ml Yllybwzwzbl | GXQZ | Emerging Markets Bond | 9.52% | −0.38% | 2.53% | |
Qbfclpljql Kgzyrs Vrsrpw Wzvmqsy | CMKZ | Mid-Cap Blend | 22.83% | 9.01% | — | |
Q. Jwlm Vcsdj Dcrdkbld Ngwgmshbv | GLZK | Large Blend | 20.90% | 8.33% | 12.73% | |
Y. Lhsg Nycwn Bsktppfc Nwxdsh Vwdjn | MYSWB | Large Blend | 20.60% | 8.06% | 12.43% | |
N. Dhkw Kblhj Kfddjszwqb WR Jr Vd | WQRG | Small Growth | 20.56% | 3.18% | 9.59% | |
S. Kftp Qkwhv Stqmnqbsmk RG Jn Yg Wd Sjn | MSJTTL | Small Growth | 20.26% | 2.88% | 9.25% | |
N. Mdww Clyxt Xslxvs Nf-Zm Wq Lsw | JBRK | High Yield Muni | 4.79% | −0.30% | 1.41% | |
B. Hdct Fgskt Qhdrb Grzqwqh | NJBBNK | Latin America Stock | 12.45% | 3.88% | 3.10% | |
P. Vptb Jfpnk Zcz-Xdy Hchwpkdb | LNMZG | Mid-Cap Growth | 18.31% | 2.65% | 9.55% | |
G. Kqkj Srxbl Plv-Bzg Vgsgxp X | HTTDQ | Mid-Cap Growth | 20.10% | 2.70% | 9.31% | |
R. Dfmd Gttdt Hjlybd 9228898 | DDXG | Target-Date 2035 | 16.46% | 2.78% | 8.18% | |
Y. Pzzw Mgtky Cmrlzk 4 | DGMFX | Target-Date 2045 | 19.59% | 3.59% | 9.46% | |
Qltxj Ltht Vts Kgt Lbqhnptdrq | DYXKB | Mid-Cap Growth | 21.30% | 10.05% | 13.69% | |
Hjdky Psxl Qvbjy Mft Pdwzbcbxvvcbd | BHTFX | Small Growth | 24.77% | 5.58% | 11.24% | |
Zrfmdpkp Ksvrcn | CDHYM | Equity Energy | 22.11% | 17.58% | 5.79% | |
Xvmvmbdn Zttnsz Hvksrsh Hbvqjypckb Cyr | RBSQDN | Global Large-Stock Blend | 14.33% | 5.77% | 5.56% | |
Lxyknprr Qtyspq Xdtq Y | BJLGP | Health | 8.28% | 6.52% | 11.42% | |
Lgslqznj Tykycn Bbyqybzbty 8389 Kwms | VVLL | Target-Date 2065+ | 20.68% | 4.98% | 10.26% |
List Criteria
Gold- and Silver-Rated Funds
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.
Low Morningstar Risk Rating
The Morningstar Risk Rating sizes up the variations in a fund’s monthly returns, with an emphasis on downside variations, in comparison to similar funds. In each Morningstar Category, the 10% of funds with the lowest measured risk are described as Low Risk, the next 22.5% Below Average, the middle 35% Average, the next 22.5% Above Average, and the top 10% High. Morningstar Risk is measured for up to three time periods (three, five, and 10 years). These separate measures are then weighted and averaged to produce an overall measure for the fund. It’s important to note that the Morningstar Risk Rating for a given fund is relative to other funds in the same category—where some categories are more volatile than others.
4- and 5-Star Funds
The Morningstar Rating for Funds (known as the star rating) compares a fund’s risk-adjusted returns to other funds in the same category. (“Risk-adjusted” simply means the star rating also considers the amount of volatility a fund took on in achieving its returns. Given two funds that achieved the same return, investors would generally prefer the less volatile one.) After adjusting for risk and accounting for sales charges, funds are assigned 1 to 5 stars based on how well they've performed for an apples-to-apples comparison to similar funds. Within each Morningstar Category, the top 10% of funds receive 5 stars and the bottom 10% receive 1 star. Funds are rated for up to three time periods-three, five, and 10 years-and these ratings are combined to produce an overall rating. Ratings are quantitative, based entirely on a mathematical evaluation of past performance. They’re a useful tool for identifying funds worthy of further research, but shouldn’t be considered buy or sell signals by themselves.
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.