44
Morningstar
Analyst Rating
Morningstar
Rating
Total Return %
07-31-14
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)
— 3.5 7.2 7.5 10.9 7.3 — — — — — — 6.52 (2)
—
Fidelity Capital & Income FAGIX
„ [QQQQ
5.8
11.4
8.1
13.2 9.6
3 1 26 6 1 3.9 8.23 (0)
High
Fidelity High Income SPHIX
ΠQQQQ
2.7
6.5 7.3 10.9 8.0 82 70 57 53 22 4.6 6.91 (2)
Avg
Janus High-Yield T JAHYX
´ QQQQ
4.3 8.7 7.8 11.1 7.9 19 15 35 43 28 5.2 6.36 (2)
Avg
Metropolitan West High Yield Bond M MWHYX
„ QQQ
2.7 6.3
6.4 10.0
8.0 83 75 85 79 26 4.5 6.7 (0)
Avg
PIMCO High Yield D PHYDX
´ QQQ
3.0
6.2
6.8 10.8 7.3 75 77 74 57 55 3.0 6.52 (2)
Avg
T. Rowe Price High-Yield PRHYX
„ QQQQ
4.4 8.5 8.7 11.8 8.2 16 18 12 22 18 4.4 7.09 (1)
+Avg
Vanguard High-Yield Corporate Inv VWEHX
´ QQQ
3.8 7.0 7.7 10.4
7.0
40 56 40 69 65 4.2 5.87 (8)
-Avg
Specialty Bond
— 4.0 6.3 4.7 7.7 5.9 — — — — — — 6.27 (25)
—
American Funds Capital World Bond A CWBFX
´
IB
QQQ
4.6 5.8 2.1 4.5 5.4 38 41 55 56 43 1.4 5.09 (29)
Avg
Calamos Convertible A CCVIX
ˇ
CV
QQ
2.8 10.4 7.3 8.8 6.2 88 84 89 85 75 — 9.6 (86)
Avg
Eaton Vance Floating Rate A EVBLX
„
BL
QQQ
1.2 2.9 4.3 6.6 4.0 92 87 70 58 45 3.4 3.27 (1)
-Avg
Fidelity Floating Rate High Income FFRHX
´
BL
]QQQQ
1.8 3.3 4.2 5.3 4.5 55 68 81 91 17 3.0 3.21 (0)
-Avg
Fidelity New Markets Income FNMIX
„
EB
QQQQ
10.4 11.0
7.9 10.5
10.0
2 5 2 8 11 4.8 8.02 (19)
-Avg
Fidelity Strategic Income FSICX
„
MU
QQQQ
5.1 6.7 5.0 7.9 7.3 26 36 51 55 19 3.2 4.61 (20)
Avg
FPA New Income FPNIX
„
NT
[Q
1.1
1.6 1.4
2.1 2.9
74 71 75 91 100 2.3 0.63 (49)
Low
Loomis Sayles Bond Retail LSBRX
Œ
MU
QQQQ
6.3 9.8 7.3 10.8 8.4 12 8 17 17 7 2.4 6.67 (4)
High
Loomis Sayles Global Bond Retail LSGLX
„
IB
QQQ
3.9 4.7 1.5 5.1 5.2 66 70 65 44 53 1.4 5.73 (17)
Avg
PIMCO Emerging Local Bond Instl PELBX
Œ
EB
QQ
5.4 2.8
0.0
6.1 — 57 75 76 73 — 5.2 13.0 (8)
+Avg
PIMCO Foreign Bond (Unhedged) D PFBDX
„
IB
]QQQQ
6.5 7.3 1.5 6.6 6.1 13 15 66 27 20 1.6 6.22 (24)
+Avg
PIMCO Foreign Bond (USD-Hedged) D PFODX
„
IB
QQQQ
5.6 7.1 6.5 7.8 6.2 17 18 4 12 16 1.4 3.11 (42)
-Avg
PIMCO Income D PONDX
„
MU
QQQQQ
6.5 9.2
10.6 13.6
— 10 16 2 3 — 3.4 4.23 (20)
Avg
PIMCO Unconstrained Bond D PUBDX
ˇ
NT
]QQQ
2.0
0.9
2.3 3.4 — 60 83 61 66 — 0.9 2.37 (37)
-Avg
T. Rowe Price International Bond RPIBX
ˇ
IB
QQ
4.2 5.1 0.4 3.4 4.6 59 56 84 81 65 1.7 6.38 (16)
+Avg
T. Rowe Price Spectrum Income RPSIX
„
MU
QQQ
4.5 6.7 5.7 7.6 6.4 48 38 33 65 53 2.7 4.73 (11)
Avg
Templeton Global Bond A TPINX
Œ
IB
QQQQ
3.2 6.9 4.0 7.2 9.1 80 21 25 16 1 1.8 9.28 (1)
High
Vanguard Convertible Securities Inv VCVSX
Œ
CV
QQQQ
4.7 10.3 9.7 12.3 8.4 54 86 58 56 5 1.9 9.65 (89)
Avg
Vanguard Total Intl Bd Idx Investor VTIBX
— IB NR
4.9 5.6 — — — 28 49 — — — 1.2 — (—)
Municipal Bond National
— 5.6 6.0 4.4 5.2 3.7 — — — — — — 3.9 (83)
—
American Century IntermTrm Tx-Fr Bd Inv TWTIX — MI
QQQ
3.9 4.3 3.6 4.3 4.1 73 83 66 60 36 1.5 3.32 (97)
-Avg
American Funds Tax-Exempt Bond A AFTEX
´
MI
QQQQ
6.6 7.6 5.7 6.0 4.5 10 9 8 11 11 2.1 4.18 (98)
+Avg
Baird Intermediate Muni Bd Inst BMBIX
— MI
QQQ
3.3 4.4 3.0 3.6 4.2 88 82 83 84 30 1.6 3.02 (88)
-Avg
Fidelity Intermediate Municipal Income FLTMX
Œ
MI
QQQQ
4.7 5.6 3.9 4.3 4.2 48 51 52 62 31 1.6 2.91 (98)
-Avg
Fidelity Limited Term Municipal Income FSTFX
Œ
MS
QQQQ
1.8 2.4 1.9 2.4 3.0 24 24 29 29 22 0.6 1.4 (83)
Avg
Fidelity Municipal Income FHIGX
Œ
ML
QQQQ
7.1 8.6 5.6 5.9 4.8 52 29 45 47 14 2.3 4.17 (99)
-Avg
Fidelity Municipal Income 2015 FMLCX
— MS
QQQ
0.3 0.8
1.4 — — 86 82 54 — — 0.0 1.06 (32)
Avg
Fidelity Tax-Free Bond FTABX
Œ
ML
QQQQ
7.3 8.7 5.9 5.9 5.1 44 26 29 44 9 2.3 4.26 (99)
-Avg
Franklin Federal Tax-Free Income A FKTIX
„
ML
QQQQ
7.5 8.4 5.7 6.0 4.8 34 35 42 43 15 2.4 4.76 (98)
Avg
Franklin High Yield Tax-Free Inc A FRHIX
„
HM
QQQ
8.9 8.4 5.9 7.4 5.0 57 57 77 76 19 3.4 5.72 (93)
Avg
T. Rowe Price Tax-Free High Yield PRFHX
Œ
HM
QQQQ
9.8 10.2 7.7 8.7 5.2
43 25 26 27 12 3.6 5.47 (88)
Avg
T. Rowe Price Tax-Free Income Inv PRTAX
— ML
QQQQ
7.0 8.3 5.6 5.7 4.7 57 39 45 52 23 2.4 4.57 (98)
Avg
T. Rowe Price Tax-Free Shrt-Interm PRFSX
— MS
QQQQ
1.4 2.3 1.9 2.6 3.1 32 28 28 23 20 0.4 1.56 (72)
+Avg
USAA Tax Exempt Intermediate-Term USATX
— MI
QQQQQ
5.0 6.2 5.2 5.9 4.6 32 31 11 13 9 2.0 3.32 (98)
-Avg
Vanguard High-Yield Tax-Exempt VWAHX
„
MI
QQQQQ
7.8 8.8 6.2 6.7 5.0
3 5 5 4 1 2.9 4.53 (97)
+Avg
Vanguard Interm-Term Tx-Ex Inv VWITX
„
MI
QQQQ
4.9 6.4 4.4 4.8 4.3 38 23 30 40 18 1.8 3.56 (98)
Avg
Vanguard Long-Term Tax-Exempt VWLTX
„
ML
QQQQ
7.4 9.0 5.7 5.8 4.7 38 23 39 48 23 2.6 4.48 (99)
Avg
Vanguard Ltd-Term Tx-Ex VMLTX
„
MS
QQQ
1.4 2.2 1.6 2.2 2.8 31 29 38 40 28 0.8 1.27 (73)
Avg
Vanguard Short-Term Tx-Ex VWSTX
„
MS
QQ
0.5 0.9
0.8 1.1 2.1
76 74 78 82 73 0.3 0.42 (66)
-Avg
Wells Fargo Advantage S/T Muni Bd Inv STSMX
´
MS
QQQQ
1.1 1.5 1.6 2.5 3.1 48 52 39 28 18 0.4 0.61 (61)
-Avg
Morningstar 500
Bond Funds
BofAML US HY Master II TR
4.2 8.3 8.4 12.3 8.6
BarCap Municipal TR USD
6.2 7.3 5.1 5.5 4.9
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
