44
Morningstar
500
Morningstar
Analyst Rating
Historical Risk
Historical Performance
Morningstar
Rating
Total Return %
05-31-13
Total Return %
Category Rank
30-
Day
Yield
%
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
High-Yield Bond (cont’d)
— 4.0 13.9 10.8 8.2 7.6 — — — — — — 7.2 (3)
—
Fairholme Focused Income FOCIX
´ ]QQQ
27.0 29.8 12.7
— — 1 1 6 — — — 14.00 (17)
High
Fidelity Capital & Income FAGIX
„ QQQQ
5.1 15.6 11.2 10.2
10.0
17 25 42 13 1 4.1 8.78 (2)
High
Fidelity High Income SPHIX
Œ QQQQ
3.6 13.5 11.0 9.5 8.8 62 58 51 28 21 4.2 6.99 (0)
Avg
Janus High-Yield T JAHYX
´ QQQQ
3.9 13.0 11.4 10.0 8.3 47 65 32 16 42 5.0 6.63 (0)
Avg
Metropolitan West High Yield Bond M MWHYX
„ QQQQ
4.5 15.2
9.8
10.6
8.9 25 30 86 8 16 5.7 6.68 (2)
Avg
PIMCO High Yield D PHYDX
´ QQQ
3.0 12.8 10.4 8.4 7.8 81 70 71 64 64 3.8 6.64 (0)
Avg
T. Rowe Price High-Yield PRHYX
„ QQQQ
5.7 16.1 11.9 10.1 8.8
8 20 18 14 24 4.4 7.07 (0)
+Avg
Vanguard High-Yield Corporate Inv VWEHX
„ QQQ
2.6 12.4
11.6 8.9
7.5
89 79 29 47 75 4.1 5.85 (3)
-Avg
Specialty Bond
— 2.0 9.9 7.1 5.2 5.7 — — — — — — — (7.1)
—
American Funds Capital World Bond A CWBFX
— IB
QQQ
-2.9 2.0 5.0 4.1 5.4 56 60 54 61 38 1.3 5.92 (18)
Avg
Calamos Convertible A CCVIX
´
CV
[QQ
10.8
18.7 7.7 4.5 6.4 66 66 87 54 71 — 9.74 (86)
-Avg
Eaton Vance Floating Rate A EVBLX
Œ
BL
QQQ
2.4 7.1 6.0 5.1 4.2 80 84 76 49 58 3.5 3.46 (5)
-Avg
Fidelity Floating Rate High Income FFRHX
´
BL
QQQQ
2.1 6.6 5.6 5.0 4.7 95 93 85 53 26 2.1 3.39 (3)
Low
Fidelity New Markets Income FNMIX
„
EB
QQQQ
-3.2 11.1 10.6 10.0
10.2
57 51 19 12 8 4.3 7.11 (15)
-Avg
Fidelity Strategic Income FSICX
„
MU
QQQQ
0.3 7.7 8.0 8.0 7.5 73 62 59 38 19 2.9 4.68 (10)
Avg
FPA New Income FPNIX
„
NT
QQ
0.8 2.1
2.2 2.8 3.6
68 88 80 100 100 — 0.47 (31)
Low
Loomis Sayles Bond Retail LSBRX
Œ
MU
QQQQ
3.7 14.0 10.4 8.1 8.5 21 12 16 37 6 3.0 6.81 (0)
+Avg
Loomis Sayles Global Bond Retail LSGLX
„
IB
QQQ
-2.7 2.6 5.9 4.9 5.4 52 52 35 42 40 1.2 6.78 (12)
Avg
PIMCO Emerging Local Bond Instl PELBX
Œ
EB
QQ
-4.0 9.3 7.5 7.2 — 87 79 77 65 — 3.0 12.50 (4)
+Avg
PIMCO Foreign Bond (Unhedged) D PFBDX
„
IB
QQQ
-7.6 -2.5
6.2 5.3 — 98 91 29 36 — 1.6 8.43 (26)
+Avg
PIMCO Foreign Bond (USD-Hedged) D PFODX
„
IB
QQQQ
0.2 7.1 6.5 8.0 5.7 17 20 22 6 24 1.7 3.49 (45)
-Avg
PIMCO Income D PONDX
„
MU
QQQQQ
4.7 19.1
14.7 12.8
— 8 2 2 2 — 3.1 3.95 (10)
Avg
PIMCO Unconstrained Bond D PUBDX
´
NT
QQQ
0.6 4.5 3.8 — — 70 65 59 — — 1.4 2.01 (15)
-Avg
T. Rowe Price International Bond RPIBX
ˇ
IB
QQQ
-5.0 0.5 4.8 2.8 4.6 83 72 58 81 56 1.3 8.50 (11)
+Avg
T. Rowe Price Spectrum Income RPSIX
„
MU
QQQ
1.9 8.7 8.0 6.8 6.5 37 49 59 71 53 2.4 4.73 (2)
Avg
Templeton Global Bond A TPINX
Œ
IB
QQQQQ
1.0 15.7 7.4 9.3 9.1
5 2 10 1 1 2.0 9.27 (0)
High
Vanguard Convertible Securities Inv VCVSX
Œ
CV
QQQQ
10.4
21.9
11.4 6.7 8.8 77 49 37 16 3 2.2 11.05 (91)
Avg
Municipal Bond National
— 0.5 3.6 5.0 4.5 3.7 — — — — — — 3.6 (81)
—
American Century IntermTrm Tx-Fr Bd Inv TWTIX
´
MI
QQQ
0.2 2.4 4.7 5.0 4.0 32 42 46 45 34 1.2 3.49 (98)
Avg
American Funds Tax-Exempt Bond A AFTEX
ˇ
MI
QQQQ
0.6 4.5 6.2 5.5 4.4
6 3 10 19 11 1.9 4.03 (98)
+Avg
Baird Intermediate Muni Bd Inst BMBIX
— MI
QQQ
-0.3
1.2 3.9 4.8 3.9 65 85 73 53 37 1.4 3.13 (88)
-Avg
Fidelity Intermediate Municipal Income FLTMX
Œ
MI
QQQQ
0.2 2.4 4.3 4.7 4.1 29 44 60 55 29 1.5 2.76 (97)
Low
Fidelity Municipal Income FHIGX
Œ
ML
QQQQ
0.1 3.5 5.8 5.6 4.6 53 57 52 38 24 2.0 3.94 (99)
Low
Fidelity Municipal Income 2015 FMLCX
— MS NR
0.7 1.4 — — — 7 25 — — — 0.3 — (—)
Fidelity Short-Intermediate Muni Income FSTFX
Œ
MS
QQQQ
0.3 1.2 2.5 3.2 2.9 56 35 30 24 24 0.7 1.42 (83)
Avg
Fidelity Tax-Free Bond FTABX
Œ
ML
QQQQ
0.1 3.6 5.9 5.9 4.8 57 56 49 26 17 2.2 4.06 (99)
-Avg
Franklin Federal Tax-Free Income A FKTIX
„
ML
QQQ
-0.1 3.8 6.1 5.7 4.8 73 47 37 36 15 2.3 4.62 (97)
Avg
Franklin High Yield Tax-Free Inc A FRHIX
Œ
HM
[QQQ
0.4 4.7 7.2 6.4
5.6
94 88 73 17 8 3.1 5.05 (94)
Avg
T. Rowe Price Tax-Free High Yield PRFHX
Œ
HM
QQQQ
1.5 7.2 8.1 6.5
5.4 52 46 37 13 19 3.2 4.53 (84)
-Avg
T. Rowe Price Tax-Free Income Inv PRTAX
„
ML
QQQQ
0.3 3.8 5.7 5.7 4.6 40 46 55 33 25 2.2 4.34 (96)
Avg
T. Rowe Price Tax-Free Shrt-Interm PRFSX
Œ
MS
QQQQ
0.7 1.5 2.7 3.6 3.0 11 21 23 18 21 0.4 1.53 (82)
+Avg
USAA Tax Exempt Intermediate-Term USATX
— MI
QQQQQ
0.8 4.1 5.8 5.8 4.5
3 6 12 14 5 1.8 3.46 (98)
Avg
Vanguard High-Yield Tax-Exempt VWAHX
„
MI
QQQQQ
0.7 4.7 6.5 6.0 4.9
5 3 4 8 1 2.6 4.24 (96)
+Avg
Vanguard Interm-Term Tx-Ex Inv VWITX
„
MI
QQQQ
0.0 2.6 4.9 5.1 4.1 44 35 35 38 25 1.6 3.66 (98)
Avg
Vanguard Long-Term Tax-Exempt VWLTX
„
ML
QQQQ
0.2 3.7 5.8 5.5 4.4 47 53 53 47 38 2.3 4.25 (99)
-Avg
Vanguard Ltd-Term Tx-Ex VMLTX
„
MS
QQQ
0.3 1.1 2.2 2.9 2.7 46 43 44 37 29 0.6 1.27 (79)
Avg
Vanguard Short-Term Tx-Ex VWSTX
„
MS
QQ
0.3
0.7 1.1 1.8 2.1
59 63 80 79 69 0.4 0.46 (70)
-Avg
Wells Fargo Advantage S/T Muni Bd Inv STSMX
´
MS
]QQQQQ
0.6 1.6 2.4 3.2 3.3 12 14 35 22 12 0.3 0.71 (58)
-Avg
Bond Funds
BofAML US HY Master II TR
4.3 14.8 11.9 10.6 9.3
BarCap Municipal TR USD
0.2 3.1 5.5 5.7 4.7
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