44
Morningstar
Analyst Rating
Morningstar
Rating
Total Return %
08-31-13
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)
— 2.6 7.2 8.8 8.7 7.2 — — — — — — 6.8 (2)
—
Fairholme Focused Income FOCIX
´ QQQQ
23.5 17.9 10.8
— — 1 1 6 — — — 14.17 (11)
High
Fidelity Capital & Income FAGIX
„ QQQQ
2.9 7.7 9.3
10.7 9.3
32 34 30 12 2 4.9 8.90 (0)
High
Fidelity High Income SPHIX
ΠQQQQ
2.1 6.0 8.9 9.7 8.4 59 72 44 32 20 5.2 7.19 (1)
Avg
Janus High-Yield T JAHYX
´ QQQQ
2.4 7.1 9.2 10.1 8.0 48 45 33 24 37 5.6 6.82 (1)
Avg
Metropolitan West High Yield Bond M MWHYX
„ QQQQ
2.5 7.0
7.6
10.6 8.3 44 49 86 13 20 6.1 6.94 (0)
Avg
PIMCO High Yield D PHYDX
´ QQQ
1.6 5.9 8.1 9.1 7.5 76 74 76 55 55 4.5 6.78 (2)
Avg
T. Rowe Price High-Yield PRHYX
„ QQQQ
3.9 8.9 9.6 10.1 8.3 16 18 25 23 21 5.5 7.39 (1)
+Avg
Vanguard High-Yield Corporate Inv VWEHX
´ QQQ
0.4 4.6
8.8 9.2
7.1
96 90 52 51 73 5.0 6.16 (7)
-Avg
Specialty Bond
— -0.4 2.9 5.0 5.3 5.5 — — — — — — — (5.0)
—
American Funds Capital World Bond A CWBFX
— IB
QQQ
-5.3 -3.8 2.3 4.0 5.7 49 57 50 58 38 2.0 5.85 (23)
Avg
Calamos Convertible A CCVIX
´
CV
QQ
10.5 12.6 7.7 5.5 6.0 71 76 87 75 65 — 9.90 (88)
-Avg
Eaton Vance Floating Rate A EVBLX
Œ
BL
QQQ
2.8 5.2 5.8 5.3 4.1 72 72 66 45 57 3.5 3.44 (1)
Low
Fidelity Floating Rate High Income FFRHX
´
BL
QQQQ
2.3 4.2 5.0 5.0 4.6 93 94 87 59 25 2.5 3.41 (1)
Low
Fidelity New Markets Income FNMIX
„
EB
QQQQ
-8.8 -3.8 5.8 9.0
9.6
21 26 5 7 12 5.4 7.72 (22)
-Avg
Fidelity Strategic Income FSICX
„
MU
QQQQ
-2.3 0.7 5.2 7.7 7.3 64 63 54 45 19 3.8 4.89 (16)
Avg
FPA New Income FPNIX
„
NT
Q
0.1 0.7 1.7
2.5 3.3
36 61 69 100 100 3.4 0.62 (39)
Low
Loomis Sayles Bond Retail LSBRX
Œ
MU
QQQQ
0.4 5.3 7.9 8.4 8.4 28 21 16 27 6 3.4 7.02 (4)
+Avg
Loomis Sayles Global Bond Retail LSGLX
„
IB
QQQ
-4.9 -2.9 2.8 5.0 5.7 41 47 34 41 37 1.7 6.62 (13)
Avg
PIMCO Emerging Local Bond Instl PELBX
Œ
EB
QQ
-13.1 -7.5 1.6
5.2 — 86 86 77 71 — 4.4 12.94 (8)
+Avg
PIMCO Foreign Bond (Unhedged) D PFBDX
„
IB
]QQQQ
-7.4 -6.6 2.8 6.4 — 81 86 35 23 — 1.8 7.99 (20)
+Avg
PIMCO Foreign Bond (USD-Hedged) D PFODX
„
IB
QQQQQ
-1.3 2.4 4.5 7.6 5.7 12 8 12 8 31 1.8 3.46 (53)
-Avg
PIMCO Income D PONDX
„
MU
QQQQQ
1.3 8.7 10.6
12.6
— 20 3 2 2 — 3.7 4.48 (16)
Avg
PIMCO Unconstrained Bond D PUBDX
´
NT
QQQ
-2.4 -0.7 1.9 5.4 — 78 77 64 47 — 1.3 2.36 (24)
-Avg
T. Rowe Price International Bond RPIBX
ˇ
IB
QQQ
-5.8 -4.1 1.7 3.4 5.0 56 60 63 74 53 1.7 8.13 (10)
+Avg
T. Rowe Price Spectrum Income RPSIX
„
MU
QQQ
-0.4 2.1 5.9 6.6 6.4 35 44 38 72 54 3.0 4.96 (7)
Avg
Templeton Global Bond A TPINX
Œ
IB
QQQQQ
-2.9 3.1 4.9 8.7 9.4 27 4 7 1 1 2.1 9.38 (2)
High
Vanguard Convertible Securities Inv VCVSX
Œ
CV
QQQQ
11.5 16.4 11.3
8.0 8.5 56 58 42 18 3 2.0 10.60 (91)
Avg
Municipal Bond National
— -5.0 -3.7 2.0 3.4 3.3 — — — — — — 4.2 (85)
—
American Century IntermTrm Tx-Fr Bd Inv TWTIX
´
MI
QQQ
-3.8 -3.0 2.1 4.0 3.9 36 44 47 39 35 2.0 3.74 (98)
Avg
American Funds Tax-Exempt Bond A AFTEX
ˇ
MI
QQQQ
-5.1 -3.5 2.9 4.3 4.1 75 63 12 26 15 2.6 4.58 (98)
+Avg
Baird Intermediate Muni Bd Inst BMBIX
— MI
QQQ
-3.1 -2.5 1.7 3.9 4.0 17 25 67 48 25 2.1 3.23 (89)
-Avg
Fidelity Advisor® Limited Term Muni Inc FSTFX
Œ
MS
QQQQ
-0.9 -0.4 1.4 2.7 2.9 63 56 30 27 22 1.0 1.49 (84)
Avg
Fidelity Intermediate Municipal Income FLTMX
Œ
MI
QQQQ
-3.3 -2.4 2.1 3.8 4.0 22 22 41 55 28 2.2 3.06 (98)
-Avg
Fidelity Municipal Income FHIGX
Œ
ML
QQQQ
-5.6 -4.0 2.6 4.3 4.4 14 11 29 32 18 3.4 4.49 (99)
Low
Fidelity Municipal Income 2015 FMLCX
— MS NR
0.4
0.6 — — — 1 5 — — — 0.5 — (—)
Fidelity Tax-Free Bond FTABX
Œ
ML
QQQQ
-5.5 -4.0 2.7 4.5 4.6 12 10 27 23 6 3.4 4.58 (99)
-Avg
Franklin Federal Tax-Free Income A FKTIX
— ML
QQQQ
-6.9 -5.4 2.6 4.3 4.4 59 58 35 36 15 3.2 5.30 (98)
Avg
Franklin High Yield Tax-Free Inc A FRHIX
— HM
QQQ
-9.0 -7.4
2.4 4.5
4.7
77 88 82 19 11 4.0 6.15 (94)
Avg
T. Rowe Price Tax-Free High Yield PRFHX
Œ
HM
QQQQ
-7.5 -5.0
3.7
4.7 4.6 22 22 16 8 15 4.6 5.78 (86)
Avg
T. Rowe Price Tax-Free Income Inv PRTAX
— ML
QQQQ
-6.0 -4.7 2.3 4.3 4.3 31 32 48 33 23 3.3 4.94 (97)
Avg
T. Rowe Price Tax-Free Shrt-Interm PRFSX
— MS
QQQQ
-0.6 -0.3 1.6 3.1 3.0 51 49 25 14 18 0.8 1.66 (81)
+Avg
USAA Tax Exempt Intermediate-Term USATX
— MI
QQQQQ
-3.2 -1.5 3.3
4.9
4.4 18 7 2 5 4 3.0 3.80 (98)
Avg
Vanguard High-Yield Tax-Exempt VWAHX
„
MI
QQQQQ
-5.9 -4.2 2.8 4.6 4.4 92 84 14 15 3 3.9 4.89 (97)
High
Vanguard Interm-Term Tx-Ex Inv VWITX
„
MI
QQQQ
-3.9 -2.8 2.2 4.1 4.0 41 36 33 32 26 2.6 3.89 (98)
Avg
Vanguard Long-Term Tax-Exempt VWLTX
„
ML
QQQQ
-5.8 -4.3 2.4 4.2 4.2 21 17 45 40 27 3.6 4.77 (99)
-Avg
Vanguard Ltd-Term Tx-Ex VMLTX
„
MS
]QQQQ
-0.6 -0.3 1.3 2.4 2.7 55 46 40 35 28 0.9 1.32 (81)
Avg
Vanguard Short-Term Tx-Ex VWSTX
„
MS
QQ
0.0 0.2
0.8 1.5 2.1
19 18 73 80 68 0.4 0.47 (77)
-Avg
Wells Fargo Advantage S/T Muni Bd Inv STSMX
´
MS
]QQQQQ
0.1
0.6
1.8 3.0 3.2 14 5 17 22 12 0.5 0.70 (65)
-Avg
Morningstar 500
Bond Funds
BofAML US HY Master II TR
2.8 7.6 9.6 11.2 8.9
BarCap Municipal TR USD
-4.9 -3.7 2.5 4.5 4.5
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
