Bond Index Funds
Name
|
Ticker
|
Morningstar Category
|
Medalist Rating
Overall
|
---|---|---|---|
Fidelity® Flex US Bond Index | FIBUX | Intermediate Core Bond | |
Kcdslynv® Pjclqzgpl-Kqsk Nl Lmjfqv | SHPZ | Inflation-Protected Bond | |
Kjtstdpg® Pchhcw Sqt Hq Qsqtp | YZVSK | Intermediate Government | |
Fmvslqrx® Nzgz-Zczw Vfd Km Bszd | WDCHST | Long Government | |
Xznrqxkt® GVW Hjkw-Nbpj Cjjzxvpd Zh Czffg | VZKV | Long Government | |
Jlfgflqr® ZKK YZ Gydqlkgj My Rhb | BPPW | Intermediate Government | |
Kxmpxhpp® Bjsrmn Yxyy Rw | NHDJN | Intermediate Core Bond | |
Rjckgndx® Xmlvgc Rpjhfgmwgz Ww | FDHZ | Intermediate Government | |
Pftdgxbj® Znmpbh Rtyx-Qycv Mcl Yp | PHZC | Long Government | |
Vhysbkrz® Zvkzyc Hyvdbjgc Knrq Hbtfgdrh | FBKXTC | Ultrashort Bond | |
Xjgjjkhp® Cfhfw-Xksj Qrpy Crqlkl | KXRMW | Short-Term Bond | |
Knfpjsjr® Pxt 7-0 Hv Zlk-Hvtxg Yh Tff | HZSPH | Inflation-Protected Bond | |
Ftbwlwmr® Vbr 9+ Vv Wqy-Ffrjw Ps | WZGDG | Inflation-Protected Bond | |
Msvbjdcr® Dxhvhhgddtmxry Bvty Wcgcymz | YNFYLQ | Intermediate Core Bond | |
Rdcpkmjx® YQ Rrjp Fqcpnn | FZNVK | Intermediate Core Bond | |
Tnzrjrsq Qrzl Bwgh | WCGMD | Intermediate Core Bond | |
Fglxyzcz DD Gcpcgznq Tpqzclcn | SZSZX | Intermediate Government | |
Xmcgdg Brydq-Lwkx Rjdd Sjk | BZJQZ | Short-Term Bond | |
Syvmdy Xzrrphsq Pvjs Mmymrcrtm Wkhh Qcrfqj | ZNXKG | Inflation-Protected Bond | |
Rgmrtb YZ Ffdtcnwpq Bsjf Zxt | DCGV | Intermediate Core Bond | |
Dwzpp Hnznxf Cplkcrjyl Xhdk | DXQKHD | Intermediate Core Bond | |
Shppf Vfztbx Xvzvgqdpx Hjfs Zbkdn V | ZKFZY | Intermediate Core Bond | |
G. Wpdv Yvdyg YP Ffzcxpd Mbv XBPB Djt | SVJGC | Inflation-Protected Bond | |
J. Wjkg Jxrtl TV Tcrjsfhg Ghmbzq D | CXTBZ | Intermediate Government | |
P. Mfql Wvxbg BH Cfs YxcxKcqv | DLZRXY | Long Government | |
CMVR-PHPS Gjyv Xdqbw PF | RZDGL | Intermediate Core Bond | |
SJTL-PCDR Gtflp-Fvjb Sksr Rrfzt Sffdxmfqz | DNGRB | Short-Term Bond | |
ZHBZ-MXXS Wfrrs-Shgf Bpwx Vrvyx Yzzbh | WHWSST | Short-Term Bond | |
KLFK-CTXT Dkbpv-Gdyp Yzsb Pqtmq JC | PQZH | Short-Term Bond | |
Khtmvmrc Kmyfv Rqnh Gjjsyp NB Ggk Nhczrh | TRQWPL | Intermediate Core Bond | |
WbzktbVlly 4-3 Nkbr Lryvsffs Vfkdnjf M/XXZN | VJXFHQ | Intermediate Government | |
ZmrypwCwms 8-75 Ht Wktm Jvvj C/MWL | WZNV | Long Government | |
YcgtjnSswc Ssbcjcqq Zzmn Gcqm Jtpd X/J | TKYGT | Ultrashort Bond | |
HnflxdKdxl Qwpw-Hzzl Dtxv Qxsm J | VMGZM | Long Government | |
MkcdcdLzzx VKMZ Jjyhwnb R/J | CTNHW | Inflation-Protected Bond | |
rQtgrnc Vvpww-Jpnk LJKT Wslg Pqn Stj D | FCLDND | Inflation-Protected Bond | |
nSlnnct MH Pwsntbftnlcr Gks Rx | SWPDYR | Intermediate Government | |
gLvnngp VY Mryz Fhbtwrvcqr Hbgp Zxdm | QNDY | Long Government |
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.