Best High Yield Bond Funds
High-yield bond funds and ETFs 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. Here we narrowed the list to those that also received a Gold Morningstar Medalist Rating by our analysts. The Medalist Rating is a forward-looking assessment of an investment strategy. The rating is on a five-tier scale running from Gold to Negative. Gold is Morningstar’s top recommendation, reserved for investments that are expected to add the most value within their category.
|
Name
|
Morningstar Category
|
Adjusted Expense Ratio
|
Market Cap
|
Medalist Rating
Overall
| |
|---|---|---|---|---|---|
| AB High Yield ETF
HYFI
| High Yield Bond | 0.400% | — | ||
| AB Short Duration High Yield ETF
SYFI
| High Yield Bond | 0.400% | — | ||
| American Funds American High-Income Trust® Class 529-F-2
FAHHX
| High Yield Bond | 0.460% | — | ||
LOCK|q!YHDn WH<n< F$&^%#!H W#!@-trR%HM VfrBm® %msBy %mQ-!-?!
LNRJX
| High Yield Bond | 0.410% | — | ||
LOCK|?&pPs& @^z># ^%x?cqCC L??^-xyMR?^ dL&Jq® $T$mY k-$
MLMVJH
| High Yield Bond | 0.470% | — | ||
LOCK|fW&$^y ^T#dp dq%p<Qc? p^<&-h@ZzZ% P$sk?® >L$yC ?-hnyp
GDZJWB
| High Yield Bond | 0.360% | — | ||
LOCK|xQyrlv Jk&$Q BNYrGd!< wtGb-MYT#^s ?NXl$® $^SFg b-@
RPBKB
| High Yield Bond | 0.420% | — | ||
LOCK|LjH?wT &@v?@ y>wZJ@x@ ?kmw-!d>hJS RVczt® >H@$q Z-@j@$
LNDVSB
| High Yield Bond | 0.510% | — | ||
LOCK|&mvkMp !@Ps< mZ>w$%M& $wC#-J>Ptd^ &BBBL® @H<fw n-^
XQZJJ
| High Yield Bond | 0.360% | — | ||
LOCK|#l!?c vJ&H vG##vx ^$^% g&JKj^C X#TBZ#v
GSWJHK
| High Yield Bond | 0.800% | — | ||
LOCK|kpyk^ Q%M! @?%tz^ l?@S kz<&<Ln$YZBnW D&ZXWl%^
KCNJRP
| High Yield Bond | 0.700% | — | ||
LOCK|!>^vMWm LGQ? #HKL$ V?WSGs>ns !$sq j?k!D jx&
TRNJP
| High Yield Bond | 0.470% | — | ||
LOCK|Hc$^$## #&<% xZ$jr CbfT!&?YX mg$L km$@z&y%H#F!r #W$q@!%w
CQGWQQ
| High Yield Bond | 0.570% | — | ||
LOCK|wp^?%< kkq &CY@ s!@>QG Dw%!?
CBQVZ
| High Yield Bond | 0.540% | — | ||
LOCK|G!?<@Q #ZRF psbv$ M?h$B^>h> m<!@
CBZXH
| High Yield Bond | 0.400% | — | ||
LOCK|^ #c!n #>T^V ?Hb$ &BzxT q&v
NLWLF
| High Yield Bond | 0.470% | — | ||
LOCK|Q Pb$Y smshg >T<? #s$GH @$
CFJJS
| High Yield Bond | 0.360% | — | ||
LOCK|^JJ? &@h< VPrG%VSVP^ >cXD-%Y@@v P?cm?
PXYT
| High Yield Bond | 0.480% | — | ||
LOCK|PN#Yy &rz@ !mMz% pCsFPT##m! xb>H ?rvC
MKSKF
| High Yield Bond | 0.350% | — | ||
LOCK|v>%%&! >@SD #Wwf^ yk#g J!kD< LNXP?
NNVGY
| High Yield Bond | 0.450% | — | ||
LOCK|KQ ^Xlr mqFY^ <jT<- &#Ww% ?
YCCPHH
| High Yield Bond | 0.740% | — | ||
LOCK|v% G?&b wx#?% DZFj- >&$!F fsYj!
XBLTJB
| High Yield Bond | 0.660% | — | ||
LOCK|gt G!m% q?pm< D??f- yR>#> y$b
NLBPZ
| High Yield Bond | 0.380% | — | ||
LOCK|X? @?>! M!$$< &LY@- &nxV$ qTvX
JRXLQK
| High Yield Bond | 0.510% | — | ||
LOCK|pyh&qz Pz%&-##Tsn Z&!#b< hCz
PKRXZ
| High Yield Bond | 0.220% | — |