44
Morningstar
Analyst Rating
Morningstar
Rating
Total Return %
05-31-14
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)
— 4.0 6.9 7.5 12.9 7.2 — — — — — — 6.5 (3)
—
Fairholme Focused Income FOCIX
´ ]QQQQQ
5.2 7.6
10.6
— — 8 29 2 — — — 14.32 (7)
High
Fidelity Capital & Income FAGIX
„ ]QQQQQ
5.5 10.1
7.4
16.1 9.8
5 4 57 3 1 3.8 8.24 (0)
High
Fidelity High Income SPHIX
Œ QQQQ
3.5 6.6 7.6 13.1 8.3 80 60 50 49 25 4.2 6.87 (2)
Avg
Janus High-Yield T JAHYX
´ QQQQ
4.9 8.4 8.0 13.0 8.3 11 12 33 52 27 5.9 6.38 (3)
Avg
Metropolitan West High Yield Bond M MWHYX
„ QQQ
3.3 5.6 6.3 12.0
8.3 85 87 88 78 24 5.3 6.69 (0)
Avg
PIMCO High Yield D PHYDX
´ QQQ
3.9 6.3 7.2 13.0 7.7 63 73 67 53 52 3.2 6.49 (3)
Avg
T. Rowe Price High-Yield PRHYX
„ QQQQ
4.7 8.0 8.7 13.9 8.5 16 18 14 25 17 4.4 7.10 (2)
+Avg
Vanguard High-Yield Corporate Inv VWEHX
´ QQQ
4.4 6.3 8.1 12.2
7.4
36 70 31 75 67 3.9 5.87 (9)
-Avg
Specialty Bond
— 3.7 4.8 4.6 8.5 5.6 — — — — — — — (4.6)
—
American Funds Capital World Bond A CWBFX
´
IB
QQQ
4.9 4.9 2.8 5.5 5.5 27 29 52 54 40 1.9 5.13 (31)
Avg
Calamos Convertible A CCVIX
ˇ
CV
QQ
3.1 12.0 6.1 10.2 6.0 81 85 89 85 75 — 9.59 (86)
Avg
Eaton Vance Floating Rate A EVBLX
„
BL
QQQ
0.9
2.9 4.2 8.4 4.1 96 86 72 49 48 3.2 3.29 (1)
-Avg
Fidelity Floating Rate High Income FFRHX
´
BL
QQQ
1.5 3.3 4.0 6.4 4.6 41 64 84 91 19 3.1 3.22 (0)
-Avg
Fidelity New Markets Income FNMIX
„
EB
QQQQ
8.9
5.2 8.4 11.8
10.4
4 4 2 12 11 4.9 8.03 (19)
-Avg
Fidelity Strategic Income FSICX
„
MU
QQQQ
5.1 5.2 5.3 9.4 7.5 26 30 54 52 19 3.3 4.61 (21)
Avg
FPA New Income FPNIX
„
NT
QQ
1.1 1.0 1.5
2.2 3.0
76 58 72 90 100 3.5 0.63 (50)
Low
Loomis Sayles Bond Retail LSBRX
Œ
MU
QQQQ
5.3 7.1 7.1 12.5 8.6 21 11 22 17 7 2.5 6.69 (5)
+Avg
Loomis Sayles Global Bond Retail LSGLX
„
IB
QQQ
4.2 3.9 2.3 6.5 5.3 51 54 65 39 51 1.5 5.78 (19)
Avg
PIMCO Emerging Local Bond Instl PELBX
Œ
EB
QQ
5.4
-2.2 0.5
7.6 — 55 76 75 70 — 4.6 12.99 (8)
+Avg
PIMCO Foreign Bond (Unhedged) D PFBDX
„
IB
[QQQ
5.6 7.4 2.8 7.9 5.9 15 6 55 24 26 2.4 6.53 (29)
+Avg
PIMCO Foreign Bond (USD-Hedged) D PFODX
„
IB
QQQQ
3.7 4.1 6.6 8.5 6.0 64 48 4 15 21 2.0 3.27 (49)
-Avg
PIMCO Income D PONDX
„
MU
QQQQQ
5.7 5.6
10.3 14.6
— 12 24 2 6 — 3.4 4.36 (19)
Avg
PIMCO Unconstrained Bond D PUBDX
ˇ
NT
QQ
2.2 -1.0 2.4 4.0 — 46 84 54 68 — 0.7 2.35 (32)
-Avg
T. Rowe Price International Bond RPIBX
ˇ
IB
QQ
4.4 5.6 1.2 4.2 4.6 43 18 83 79 68 1.6 6.44 (18)
+Avg
T. Rowe Price Spectrum Income RPSIX
„
MU
QQQ
4.5 5.6 5.7 8.8 6.5 48 23 44 68 56 2.8 4.72 (11)
Avg
Templeton Global Bond A TPINX
Œ
IB
QQQQ
2.8 4.0 4.2 8.1 9.1 85 52 27 21 1 2.1 9.30 (1)
High
Vanguard Convertible Securities Inv VCVSX
Œ
CV
QQQQ
5.0
13.3
8.0 14.0 8.4 37 79 53 51 5 1.9 9.84 (88)
Avg
Municipal Bond National
— 5.5 1.6 4.9 5.3 3.8 — — — — — — 3.9 (83)
—
American Century IntermTrm Tx-Fr Bd Inv TWTIX — MI
QQQ
4.1 1.6 4.1 4.6 4.2 64 82 60 57 37 1.7 3.33 (97)
-Avg
American Funds Tax-Exempt Bond A AFTEX
— MI
QQQQ
6.5 3.0 6.3 6.1 4.6
8 16 7 12 11 2.5 4.17 (98)
+Avg
Baird Intermediate Muni Bd Inst BMBIX
— MI
QQQ
3.2 2.3 3.2 3.7 4.3 85 49 84 83 30 1.8 3.04 (88)
-Avg
Fidelity Intermediate Municipal Income FLTMX
Œ
MI
QQQQ
4.4 2.6 4.2 4.4 4.3 57 35 58 60 31 1.6 2.92 (98)
-Avg
Fidelity Limited Term Municipal Income FSTFX
Œ
MS
QQQQ
1.7 1.5 2.1 2.6 3.0 25 15 29 29 22 0.7 1.43 (82)
Avg
Fidelity Municipal Income FHIGX
Œ
ML
QQQQ
6.7 3.5 6.0 6.0 5.0 66 11 48 47 15 2.3 4.17 (99)
-Avg
Fidelity Municipal Income 2015 FMLCX
— MS
QQQ
0.3 0.4
1.7 — — 88 82 48 — — 0.1 1.13 (31)
Avg
Fidelity Tax-Free Bond FTABX
Œ
ML
QQQQ
6.8 3.7 6.2 6.0 5.2 63 6 40 46 8 2.4 4.26 (99)
-Avg
Franklin Federal Tax-Free Income A FKTIX
— ML
QQQQ
7.3 2.6 6.2 6.1 5.0 34 40 43 41 14 2.9 4.76 (98)
Avg
Franklin High Yield Tax-Free Inc A FRHIX
„
HM
QQQ
9.3 1.5 6.7 7.6 5.3 51 47 79 75 18 3.8 5.71 (93)
Avg
T. Rowe Price Tax-Free High Yield PRFHX
Œ
HM
QQQQ
9.6
3.2
8.6 9.1 5.3
39 15 30 23 14 3.7 5.47 (88)
Avg
T. Rowe Price Tax-Free Income Inv PRTAX
— ML
QQQQ
6.8 2.9 6.1 5.9 4.9 61 29 44 50 22 2.5 4.56 (97)
Avg
T. Rowe Price Tax-Free Shrt-Interm PRFSX
— MS
QQQQ
1.5 1.4 2.2 2.8 3.1 29 20 26 25 20 0.5 1.57 (72)
+Avg
USAA Tax Exempt Intermediate-Term USATX
— MI
QQQQQ
4.8 2.9 5.7 6.1 4.8 34 19 11 13 7 2.1 3.32 (98)
Avg
Vanguard High-Yield Tax-Exempt VWAHX
„
MI
QQQQQ
7.7 3.5 6.9 6.9 5.1
3 7 4 4 1 2.9 4.53 (97)
High
Vanguard Interm-Term Tx-Ex Inv VWITX
„
MI
QQQQ
4.8 3.2 4.9 4.9 4.5 35 12 29 40 20 1.8 3.56 (98)
Avg
Vanguard Long-Term Tax-Exempt VWLTX
„
ML
QQQQ
7.2
3.9
6.3 5.9 4.9 39 6 39 49 21 2.6 4.48 (99)
Avg
Vanguard Ltd-Term Tx-Ex VMLTX
„
MS
QQQ
1.3 1.5 1.9 2.4 2.9 32 16 41 39 26 0.8 1.29 (72)
Avg
Vanguard Short-Term Tx-Ex VWSTX
„
MS
QQ
0.4 0.7
0.9 1.2 2.1
80 67 80 81 74 0.3 0.43 (66)
-Avg
Wells Fargo Advantage S/T Muni Bd Inv STSMX
´
MS
QQQQ
1.1 1.2 1.9 2.8 3.2 47 32 40 26 18 0.6 0.62 (60)
-Avg
Morningstar 500
Bond Funds
BofAML US HY Master II TR
4.7 7.9 8.6 14.5 9.0
BarCap Municipal TR USD
5.9 3.1 5.4 5.6 5.0
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