44
Morningstar
Analyst Rating
Morningstar
Rating
Total Return %
09-30-13
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)
— 3.6 6.8 8.1 10.6 7.0 — — — — — — 6.8 (2)
—
Fairholme Focused Income FOCIX
´ QQQQ
25.6 19.9 10.6
— — 1 1 4 — — — 14.15 (10)
High
Fidelity Capital & Income FAGIX
„ QQQQ
4.2 7.8 8.2
13.0 9.2
25 26 47 6 2 4.8 8.61 (0)
High
Fidelity High Income SPHIX
ΠQQQQ
3.1 5.8 8.2 11.5 8.2 58 68 46 34 20 5.2 7.06 (1)
Avg
Janus High-Yield T JAHYX
´ QQQQ
3.5 6.9 8.6 11.6 7.9 40 40 32 31 36 5.8 6.70 (1)
Avg
Metropolitan West High Yield Bond M MWHYX
„ QQQQ
3.7 6.3
7.1
12.1 8.2 37 54 83 19 21 6.3 6.86 (0)
Avg
PIMCO High Yield D PHYDX
´ QQQ
2.5 5.6 7.5 11.5 7.4 76 71 75 38 57 4.0 6.67 (2)
Avg
T. Rowe Price High-Yield PRHYX
„ QQQQ
5.2 8.5 9.0 11.7 8.2 15 18 23 29 19 5.5 7.27 (1)
+Avg
Vanguard High-Yield Corporate Inv VWEHX
´ QQQ
1.3 4.4
8.1
10.8 7.0
96 89 49 57 71 4.9 6.04 (8)
-Avg
Specialty Bond
— 1.4 3.3 4.7 7.1 5.4 — — — — — — — (4.7)
—
American Funds Capital World Bond A CWBFX
— IB
QQQ
-3.2 -2.8 2.0 5.3 5.3 49 54 51 53 37 1.9 5.73 (27)
Avg
Calamos Convertible A CCVIX
ˇ
CV
QQ
14.1 14.5 7.0 8.6 6.4 74 74 87 78 64 — 9.64 (88)
-Avg
Eaton Vance Floating Rate A EVBLX
Œ
BL
QQQ
3.0 4.5 5.4 6.6 4.1 70 68 65 47 55 3.4 3.42 (1)
Low
Fidelity Floating Rate High Income FFRHX
´
BL
QQQQ
2.3 3.5 4.5 6.1 4.5 93 93 93 67 25 2.6 3.36 (1)
Low
Fidelity New Markets Income FNMIX
„
EB
QQQQ
-6.9 -3.3 5.9 11.1
9.6
29 30 5 11 12 5.3 7.74 (23)
-Avg
Fidelity Strategic Income FSICX
„
MU
QQQQ
-1.1 0.9 4.9 8.8 7.1 61 59 62 47 20 3.8 4.80 (18)
Avg
FPA New Income FPNIX
„
NT
Q
0.5 0.7 1.8
2.4 3.2
35 59 65 100 100 3.4 0.63 (41)
Low
Loomis Sayles Bond Retail LSBRX
Œ
MU
QQQQ
3.1 6.2 7.7 11.5 8.2 18 18 16 14 6 3.2 6.95 (5)
+Avg
Loomis Sayles Global Bond Retail LSGLX
„
IB
QQQ
-2.8 -2.4 2.5 6.9 5.3 39 48 39 33 34 1.8 6.48 (16)
Avg
PIMCO Emerging Local Bond Instl PELBX
Œ
EB
QQ
-9.2
-5.8 1.3 7.8 — 81 80 78 68 — 4.9 12.86 (10)
+Avg
PIMCO Foreign Bond (Unhedged) D PFBDX
„
IB
QQQQ
-5.5
-7.4
2.3 8.3 — 86 97 45 17 — 2.0 7.81 (23)
+Avg
PIMCO Foreign Bond (USD-Hedged) D PFODX
„
IB
QQQQQ
-0.8 1.0 4.7 8.6 5.7 15 16 7 12 21 1.8 3.45 (52)
-Avg
PIMCO Income D PONDX
„
MU
QQQQQ
3.1 7.0
10.5 13.4
— 18 12 2 6 — 3.8 4.47 (17)
Avg
PIMCO Unconstrained Bond D PUBDX
´
NT
QQQ
-1.8 -1.1 1.9 5.3 — 73 75 60 71 — 1.2 2.36 (25)
-Avg
T. Rowe Price International Bond RPIBX
ˇ
IB
QQQ
-3.4 -3.4
1.3
4.6 4.6 55 62 66 67 56 1.8 7.92 (13)
+Avg
T. Rowe Price Spectrum Income RPSIX
„
MU
QQQ
1.2 2.6 5.6 7.7 6.3 32 37 38 75 48 3.0 4.88 (9)
Avg
Templeton Global Bond A TPINX
Œ
IB
[QQQQ
-0.5 3.3 4.4 9.5 9.0 11 4 11 4 1 2.0 9.24 (2)
High
Vanguard Convertible Securities Inv VCVSX
Œ
CV
QQQQ
15.1 17.5
10.2 11.6 8.6 59 60 46 20 3 2.3 10.18 (90)
Avg
Municipal Bond National
— -3.4 -2.6 2.6 4.7 3.2 — — — — — — 4.2 (85)
—
American Century IntermTrm Tx-Fr Bd Inv TWTIX
´
MI
QQQ
-2.3 -2.1 2.7 5.1 3.8 46 58 51 46 33 2.1 3.81 (98)
Avg
American Funds Tax-Exempt Bond A AFTEX
ˇ
MI
QQQQ
-3.1 -2.2 3.6 5.7 4.0 72 59 12 16 14 2.8 4.70 (98)
+Avg
Baird Intermediate Muni Bd Inst BMBIX
— MI
QQQ
-1.4 -1.2 2.5 4.8 3.9 12 16 62 59 27 2.2 3.32 (91)
-Avg
Fidelity Advisor® Ltd Term Muni Inc FSTFX
Œ
MS
QQQQ
-0.2 -0.1 1.7 3.1 2.8 54 44 30 25 23 0.9 1.52 (85)
Avg
Fidelity Intermediate Municipal Income FLTMX
Œ
MI
QQQQ
-1.8 -1.3 2.8 4.7 3.8 20 18 44 65 29 2.2 3.16 (98)
-Avg
Fidelity Municipal Income FHIGX
Œ
ML
QQQQ
-3.3 -2.4 3.4 5.8 4.3
9 10 26 42 18 3.3 4.66 (99)
Low
Fidelity Municipal Income 2015 FMLCX
— MS NR
0.6 0.6
— — — 1 5 — — — 0.5 — (—)
Fidelity Tax-Free Bond FTABX
Œ
ML
QQQQ
-3.2 -2.3 3.6 6.1 4.5
6 7 20 27 8 3.3 4.75 (99)
-Avg
Franklin Federal Tax-Free Income A FKTIX
— ML
QQQQ
-4.7 -3.8 3.3 6.0 4.4 62 59 35 31 12 3.5 5.44 (98)
Avg
Franklin High Yield Tax-Free Inc A FRHIX
— HM
QQQ
-6.6 -5.5
3.1 6.4
4.7
69 83 72 14 11 4.3 6.30 (94)
Avg
T. Rowe Price Tax-Free High Yield PRFHX
Œ
HM
QQQQ
-5.1 -3.4
4.4 6.5
4.6 18 20 17 7 15 4.6 5.92 (87)
Avg
T. Rowe Price Tax-Free Income Inv PRTAX
— ML
QQQQ
-3.9 -3.2 3.1 5.9 4.2 29 32 50 38 21 3.3 5.09 (97)
Avg
T. Rowe Price Tax-Free Shrt-Interm PRFSX
— MS
QQQQ
0.1 0.0 1.9 3.5 2.9 34 39 27 17 19 0.7 1.68 (82)
+Avg
USAA Tax Exempt Intermediate-Term USATX
— MI
QQQQQ
-1.6 -0.4 3.9 6.3 4.3 14 5 5 8 4 2.9 3.88 (98)
Avg
Vanguard High-Yield Tax-Exempt VWAHX
„
MI
QQQQQ
-3.5 -2.4 3.7 6.3 4.4 82 67 10 8 2 3.8 5.07 (97)
High
Vanguard Interm-Term Tx-Ex Inv VWITX
„
MI
QQQQ
-2.0 -1.6 3.1 5.4 3.9 31 30 26 30 25 2.5 4.00 (99)
Avg
Vanguard Long-Term Tax-Exempt VWLTX
„
ML
QQQQ
-3.4 -2.5 3.3 5.8 4.1 10 12 34 43 29 3.5 4.95 (99)
-Avg
Vanguard Ltd-Term Tx-Ex VMLTX
„
MS
[QQQ
0.0 0.0 1.5 2.9 2.6 43 41 40 36 27 0.9 1.34 (82)
Avg
Vanguard Short-Term Tx-Ex VWSTX
„
MS
QQ
0.2 0.3
0.8 1.7 2.1
22 18 76 79 65 0.4 0.47 (78)
-Avg
Wells Fargo Advantage S/T Muni Bd Inv STSMX
´
MS
QQQQQ
0.3 0.6 1.9 3.3 3.1 11 9 26 23 12 0.8 0.70 (62)
-Avg
Morningstar 500
Bond Funds
BofAML US HY Master II TR
3.8 7.1 8.9 13.4 8.7
BarCap Municipal TR USD
-2.9 -2.2 3.2 6.0 4.4
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
