44
Morningstar
Analyst Rating
Morningstar
Rating
Total Return %
04-30-14
Total Return %
Category Rank
30-
Day
Yld
%
Stand-
ard
Devia-
tion
(R²)
Risk
Relative
to
Category
vs.Category
5
Best
A N N U A L I Z E D
1
Best, 100
Worst
YTD 1 Yr
3 Yr
5 Yr 10 Yr YTD 1 Yr 3 Yr 5 Yr 10 Yr
Historical Performance
Historical Risk
High-Yield Bond (cont’d)
— 3.1 5.5 7.3 13.9 6.9 — — — — — — 6.5 (3)
—
Fairholme Focused Income FOCIX
´ QQQQ
5.0 26.9 10.1
— — 1 1 3 — — — 14.37 (8)
High
Fidelity Capital & Income FAGIX
„ QQQQ
3.6 7.7 6.6
17.4 9.4
20 8 81 4 2 3.7 8.24 (0)
High
Fidelity High Income SPHIX
Œ QQQQ
2.6
4.7 7.3 14.0 8.1 85 71 56 52 24 4.2 6.88 (2)
Avg
Janus High-Yield T JAHYX
´ QQQQ
4.1 6.8 7.9 13.8 8.1
9 16 32 59 23 5.2 6.38 (3)
Avg
Metropolitan West High Yield Bond M MWHYX
„ QQQ
2.6 4.7
5.9
13.3 8.1 85 72 90 70 21 5.2 6.71 (0)
Avg
PIMCO High Yield D PHYDX
´ QQQ
3.1 4.6 7.1 14.2 7.4 62 75 64 48 49 3.2 6.49 (2)
Avg
T. Rowe Price High-Yield PRHYX
„ QQQQ
3.6 6.7 8.4 14.9 8.2 21 18 15 29 18 4.5 7.10 (1)
+Avg
Vanguard High-Yield Corporate Inv VWEHX
´ QQQ
3.4
4.5
8.0
12.9 7.1
39 78 30 76 66 3.9 5.87 (8)
-Avg
Specialty Bond
— 2.4 2.6 4.1 9.2 5.4 — — — — — — — (4.1)
—
American Funds Capital World Bond A CWBFX
— IB
QQQ
4.0 1.0 2.5 6.2 5.4 32 30 48 51 43 1.9 5.12 (29)
Avg
Calamos Convertible A CCVIX
ˇ
CV
QQ
1.1 12.6 4.7 10.8 5.9 89 85 87 85 75 — 9.65 (86)
Avg
Eaton Vance Floating Rate A EVBLX
Œ
BL
QQQ
0.4
2.4 4.1 9.5 4.0 97 88 70 41 54 3.2 3.29 (1)
-Avg
Fidelity Floating Rate High Income FFRHX
´
BL
QQQ
1.0 2.9 3.8 6.7 4.5 44 68 85 92 22 3.0 3.22 (0)
-Avg
Fidelity New Markets Income FNMIX
„
EB
QQQQ
5.4
-1.8 7.6 12.2
9.8
5 13 2 16 11 5.1 7.88 (17)
-Avg
Fidelity Strategic Income FSICX
„
MU
QQQQ
3.7 1.9 4.9 10.1 7.2 24 42 59 51 20 3.3 4.58 (19)
Avg
FPA New Income FPNIX
„
NT
QQ
0.8 0.5 1.6
2.1 3.0
71 49 66 91 100 3.5 0.64 (51)
Low
Loomis Sayles Bond Retail LSBRX
Œ
MU
QQQQ
4.1 4.7 6.9 13.7 8.3 13 16 22 16 7 2.7 6.68 (4)
+Avg
Loomis Sayles Global Bond Retail LSGLX
„
IB
QQQ
3.5 0.2 2.0 7.9 5.3 46 46 61 30 51 1.5 5.77 (17)
Avg
PIMCO Emerging Local Bond Instl PELBX
Œ
EB
QQ
3.1
-11.0 -0.4
8.6 — 53 87 74 65 — 4.7 12.93 (7)
+Avg
PIMCO Foreign Bond (Unhedged) D PFBDX
„
IB
QQQQ
5.2 2.4 2.3 9.6 5.9
8 12 54 14 23 2.1 6.56 (26)
+Avg
PIMCO Foreign Bond (USD-Hedged) D PFODX
„
IB
[QQQQ
3.1 1.4 6.6 9.0 6.0 58 21 4 20 21 2.0 3.27 (49)
-Avg
PIMCO Income D PONDX
„
MU
QQQQQ
3.9 3.6
10.0 15.0
— 18 20 2 9 — 3.6 4.33 (17)
Avg
PIMCO Unconstrained Bond D PUBDX
ˇ
NT
QQ
1.4 -2.4 2.0 4.5 — 50 78 57 68 — 0.7 2.34 (27)
-Avg
T. Rowe Price International Bond RPIBX
ˇ
IB
QQ
4.2 1.6 0.8 5.4 4.7 23 19 80 69 61 1.9 6.47 (16)
+Avg
T. Rowe Price Spectrum Income RPSIX
„
MU
QQQ
3.2 3.0 5.4 9.3 6.4 46 25 45 70 54 2.9 4.70 (10)
Avg
Templeton Global Bond A TPINX
Œ
IB
QQQQ
0.9 -0.2 3.5 8.2 9.0 95 56 30 26 1 2.2 9.26 (1)
High
Vanguard Convertible Securities Inv VCVSX
Œ
CV
QQQQ
3.4
14.4
7.3 14.6 8.1 33 81 45 51 5 2.0 9.85 (88)
Avg
Municipal Bond National
— 4.1 -0.6 4.9 5.5 3.6 — — — — — — 3.9 (83)
—
American Century IntermTrm Tx-Fr Bd Inv TWTIX — MI
QQQ
3.2 -0.5 4.3 4.6 4.1 63 72 54 58 35 1.7 3.42 (97)
Avg
American Funds Tax-Exempt Bond A AFTEX
ˇ
MI
QQQQ
5.0 0.5 6.4 6.3 4.5
7 22 8 12 13 2.5 4.21 (98)
+Avg
Baird Intermediate Muni Bd Inst BMBIX
— MI
QQQ
2.6 0.3 3.4 3.6 4.2 80 37 81 83 27 1.9 3.08 (89)
-Avg
Fidelity Intermediate Municipal Income FLTMX
Œ
MI
QQQQ
3.4 0.6 4.2 4.3 4.2 54 17 57 64 31 1.8 2.93 (98)
-Avg
Fidelity Limited Term Municipal Income FSTFX
Œ
MS
QQQQ
1.3 0.7 2.2 2.6 3.0 24 21 27 29 23 0.7 1.46 (82)
Avg
Fidelity Municipal Income FHIGX
Œ
ML
QQQQ
5.1 0.5 6.1 5.9 4.8 65 13 50 53 15 2.6 4.19 (99)
-Avg
Fidelity Municipal Income 2015 FMLCX
— MS NR
0.3
0.4 — — — 84 37 — — — 0.1 — (—)
Fidelity Tax-Free Bond FTABX
Œ
ML
QQQQ
5.2 0.6 6.3 5.9 5.0 61 11 42 51 9 2.7 4.28 (99)
-Avg
Franklin Federal Tax-Free Income A FKTIX
— ML
QQQQ
5.5 -0.5 6.4 6.1 4.8 37 43 39 44 17 2.9 4.82 (98)
Avg
Franklin High Yield Tax-Free Inc A FRHIX
— HM
QQQ
7.0
-1.9
6.9 8.1 5.0 52 61 74 81 19 3.9 5.76 (93)
Avg
T. Rowe Price Tax-Free High Yield PRFHX
Œ
HM
QQQQ
7.4
0.1
8.6 9.8 5.1
34 16 31 25 9 3.9 5.48 (88)
Avg
T. Rowe Price Tax-Free Income Inv PRTAX
— ML
QQQQ
5.2 0.1 6.3 6.0 4.7 56 21 43 49 21 2.7 4.61 (98)
Avg
T. Rowe Price Tax-Free Shrt-Interm PRFSX
— MS
QQQQ
1.0 0.5 2.3 2.9 3.1 30 30 23 25 19 0.5 1.61 (73)
+Avg
USAA Tax Exempt Intermediate-Term USATX
— MI
QQQQQ
3.8 0.9 5.8 6.3 4.6 25 5 10 11 7 2.2 3.36 (98)
Avg
Vanguard High-Yield Tax-Exempt VWAHX
„
MI
QQQQQ
5.9 0.8 7.0 7.1 5.0
2 9 3 5 1 3.2 4.57 (97)
High
Vanguard Interm-Term Tx-Ex Inv VWITX
„
MI
QQQQ
3.7 0.8 5.0 4.9 4.4 29 9 28 44 19 2.0 3.60 (98)
Avg
Vanguard Long-Term Tax-Exempt VWLTX
„
ML
QQQQ
5.6 0.9 6.4 5.9 4.7 35 7 40 52 20 2.8 4.51 (99)
Avg
Vanguard Ltd-Term Tx-Ex VMLTX
„
MS
QQQ
0.9 0.8 1.9 2.4 2.8 36 14 42 40 26 0.8 1.31 (73)
Avg
Vanguard Short-Term Tx-Ex VWSTX
„
MS
QQ
0.4 0.5
1.0 1.2 2.1
76 34 77 84 72 0.3 0.45 (68)
-Avg
Wells Fargo Advantage S/T Muni Bd Inv STSMX
´
MS
QQQQ
0.9
1.0
2.0 3.1 3.1 44 9 39 19 17 0.6 0.67 (60)
-Avg
Morningstar 500
Bond Funds
BofAML US HY Master II TR
3.7 6.3 8.4 15.8 8.7
BarCap Municipal TR USD
4.6 0.5 5.6 5.5 4.8
Categories
Legend
E
New this month
][
Increase/decrease in rating
NR
No Morningstar Rating; fund
less than three years old.
Red
Lowest return in group
Green
Highest return in group
Italic
Extended performance
BL
Bank Loan
CI
Intermediate-Term Bond
CV
Convertibles Bond
EB
Emerging Market Bond
HM
High-Yield Muni
IB
World Bond
MI
Muni National, Intermediate
ML
Muni National, Long
MS
Muni National, Short
MU
Multisector Bond
NT
Nontraditional Bond