44
Morningstar
Analyst Rating
Morningstar
Rating
Total Return %
01-31-14
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)
— 0.5 6.1 7.5 15.0 6.7 — — — — — — 6.6 (2)
—
Fairholme Focused Income FOCIX
´ QQQQ
2.3 29.4 10.3
— — 1 1 3 — — — 14.07 (8)
High
Fidelity Capital & Income FAGIX
„ [QQQQ
0.1
7.9 6.8
19.7 8.9
94 13 79 3 1 4.0 8.19 (0)
High
Fidelity High Income SPHIX
Œ QQQQ
0.5 5.8 7.5 15.7 7.8 67 53 49 40 19 4.5 6.86 (2)
Avg
Janus High-Yield T JAHYX
´ QQQQ
0.7 7.0 7.8 14.6 7.7 18 23 38 66 24 — 6.36 (3)
Avg
Metropolitan West High Yield Bond M MWHYX
„ QQQ
0.3 5.5
6.2
15.4 7.7 83 60 88 48 29 5.6 6.69 (0)
Avg
PIMCO High Yield D PHYDX
´ QQQ
0.6 5.1 7.2 14.7 7.1 45 71 65 62 51 — 6.47 (3)
Avg
T. Rowe Price High-Yield PRHYX
„ QQQQ
0.8 8.2 8.5 16.2 7.9 10 11 14 28 16 4.8 7.08 (1)
+Avg
Vanguard High-Yield Corporate Inv VWEHX
´ QQQ
0.7
4.5
8.1
13.8 6.8
28 83 26 80 64 4.3 5.86 (9)
-Avg
Specialty Bond
— -0.2 2.0 4.3 10.0 5.0 — — — — — — — (4.3)
—
American Funds Capital World Bond A CWBFX
— IB
QQQ
0.5 -1.8 2.8 5.8 4.8 45 46 52 52 43 — 5.26 (31)
Avg
Calamos Convertible A CCVIX
ˇ
CV
QQ
-0.7
15.8
6.0 12.7 5.5 89 79 87 84 75 — 9.47 (87)
Avg
Eaton Vance Floating Rate A EVBLX
Œ
BL
QQQ
0.4 4.0 4.5 11.5 4.1 83 71 70 49 43 3.3 3.27 (1)
-Avg
Fidelity Floating Rate High Income FFRHX
´
BL
QQQ
0.5 3.6 3.9 8.2 4.5 45 87 90 94 25 2.4 3.23 (0)
-Avg
Fidelity New Markets Income FNMIX
„
EB
QQQQ
-1.6 -7.5 6.4 13.4
8.7
41 34 3 13 16 5.5 7.69 (18)
-Avg
Fidelity Strategic Income FSICX
„
MU
QQQQ
0.5 0.9 5.0 11.0 6.7 45 54 59 47 22 3.5 4.59 (20)
Avg
FPA New Income FPNIX
„
NT
QQ
0.4 1.0 1.7
2.2 3.0
32 35 65 89 100 — 0.65 (48)
Low
Loomis Sayles Bond Retail LSBRX
Œ
MU
QQQQ
0.0 3.9 7.4 13.9 7.6 75 22 18 20 7 3.1 6.80 (5)
+Avg
Loomis Sayles Global Bond Retail LSGLX
„
IB
QQQ
0.6 -1.8 2.8 7.8 4.8 35 45 49 33 50 1.6 6.01 (19)
Avg
PIMCO Emerging Local Bond Instl PELBX
Œ
EB
QQ
-4.6 -15.6 -0.2
8.9 — 84 87 78 69 — — 13.02 (8)
+Avg
PIMCO Foreign Bond (Unhedged) D PFBDX
„
IB
QQQQ
0.2 -4.5 2.5 8.3 — 56 77 60 25 — — 6.82 (29)
+Avg
PIMCO Foreign Bond (USD-Hedged) D PFODX
„
IB
]QQQQQ
0.9 1.5 6.1 8.7 5.9 22 8 4 17 11 — 3.28 (49)
-Avg
PIMCO Income D PONDX
„
MU
QQQQ
1.4
4.1
10.4
14.3 — 8 20 2 14 — — 4.34 (18)
Avg
PIMCO Unconstrained Bond D PUBDX
´
NT
QQ
0.6 -2.5 2.1 4.7 — 20 76 57 65 — — 2.32 (24)
-Avg
T. Rowe Price International Bond RPIBX
ˇ
IB
QQ
0.3 -2.6 1.6 4.6 4.0 52 61 74 76 67 1.8 6.83 (18)
+Avg
T. Rowe Price Spectrum Income RPSIX
„
MU
QQQ
0.3 2.8 5.5 9.7 6.0 60 28 42 75 53 3.0 4.74 (11)
Avg
Templeton Global Bond A TPINX
Œ
IB
QQQQ
-2.7 -0.9 4.2 8.4 8.4 98 35 21 23 1 — 9.34 (2)
High
Vanguard Convertible Securities Inv VCVSX
Œ
CV
QQQQ
0.7 15.2 7.8
16.4
7.5 48 86 66 39 12 2.4 9.75 (87)
Avg
Municipal Bond National
— 1.7 -2.0 4.9 5.5 3.3 — — — — — — 4.1 (85)
—
American Century IntermTrm Tx-Fr Bd Inv TWTIX
´
MI
QQQ
1.3 -1.4 4.7 4.4 3.8 79 68 54 57 35 — 3.48 (97)
Avg
American Funds Tax-Exempt Bond A AFTEX
ˇ
MI
QQQQ
2.1 -1.3 6.4 6.1 4.1
9 64 7 13 13 — 4.26 (98)
+Avg
Baird Intermediate Muni Bd Inst BMBIX
— MI
QQQ
1.3 -0.1 4.0 3.5 3.9 78 15 78 87 27 — 3.17 (90)
-Avg
Fidelity Intermediate Municipal Income FLTMX
Œ
MI
QQQQ
1.5 -0.3 4.4 4.3 3.8 53 27 63 61 30 2.0 2.99 (98)
-Avg
Fidelity Municipal Income FHIGX
Œ
ML
QQQQ
2.1 -1.2 6.1 5.8 4.3 60 8 51 53 17 2.9 4.28 (99)
Low
Fidelity Municipal Income 2015 FMLCX
— MS NR
0.2
0.8 — — — 79 21 — — — — — (—)
Fidelity Tax-Free Bond FTABX
Œ
ML
QQQQ
2.3 -1.0 6.3 5.9 4.5 47 6 41 50 10 3.0 4.36 (99)
-Avg
Fidelity Limited Term Municipal Income FSTFX
Œ
MS
QQQQ
0.7 0.7 2.5 2.6 2.8 23 28 29 32 23 0.8 1.44 (83)
Avg
Franklin Federal Tax-Free Income A FKTIX
— ML
QQQQ
2.2 -2.7 6.4 6.3 4.4 51 48 37 40 14 — 4.95 (98)
Avg
Franklin High Yield Tax-Free Inc A FRHIX
— HM
QQQ
2.8
-4.9
6.6 8.3 4.5 43 58 67 74 17 — 5.82 (93)
Avg
T. Rowe Price Tax-Free High Yield PRFHX
Œ
HM
QQQQ
3.2
-2.4
8.1 10.1 4.7
17 10 23 21 11 4.5 5.46 (86)
Avg
T. Rowe Price Tax-Free Income Inv PRTAX
— ML
QQQQ
2.3 -1.9 6.2 6.0 4.3 46 18 48 47 19 3.0 4.64 (97)
Avg
T. Rowe Price Tax-Free Shrt-Interm PRFSX
— MS
QQQQ
0.7 0.9 2.7 2.9 3.0 26 15 25 22 19 0.6 1.60 (78)
+Avg
USAA Tax Exempt Intermediate-Term USATX
— MI
QQQQQ
1.7 0.2 6.2 6.6 4.3 33 10 10 8 4 2.5 3.50 (98)
Avg
Vanguard High-Yield Tax-Exempt VWAHX
„
MI
QQQQQ
2.6 -1.3 6.8 7.2 4.5
1 67 3 5 1 3.6 4.61 (97)
High
Vanguard Interm-Term Tx-Ex Inv VWITX
„
MI
QQQQ
1.7 -0.3 5.3 4.7 4.0 36 26 26 49 19 2.2 3.69 (98)
Avg
Vanguard Long-Term Tax-Exempt VWLTX
„
ML
QQQQ
2.5 -1.1 6.3 5.8 4.2 29 7 41 56 23 3.3 4.56 (98)
-Avg
Vanguard Ltd-Term Tx-Ex VMLTX
„
MS
QQQ
0.6 0.9 2.2 2.4 2.7 32 12 40 43 27 0.7 1.28 (78)
Avg
Vanguard Short-Term Tx-Ex VWSTX
„
MS
QQ
0.2 0.6
1.1 1.3 2.1
75 37 79 83 71 0.3 0.44 (72)
-Avg
Wells Fargo Advantage S/T Muni Bd Inv STSMX
´
MS
QQQQ
0.5
1.0
2.3 3.4 3.1 42 11 39 16 13 0.7 0.67 (57)
-Avg
Morningstar 500
Bond Funds
BofAML US HY Master II TR
0.7 6.7 8.5 17.5 8.4
BarCap Municipal TR USD
2.0 -1.1 5.8 5.5 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