44
Morningstar
Analyst Rating
Morningstar
Rating
Total Return %
10-31-16
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)
— 11.7 7.0 3.1 5.9 6.0 — — — — — — 5.46 (3)
—
Fidelity High Income SPHIX
„ QQQ
13.7 8.1 3.3 6.1 6.7 19 26 47 49 24 5.8 6.16 (3)
+Avg
Hotchkis & Wiley High Yield A HWHAX
´ QQQ
13.7 8.1 3.6 6.8 — 20 27 36 17 — 6.2 5.92 (1)
+Avg
Janus High-Yield T JAHYX
ˇ QQQQ
11.1 7.3 3.7 6.3 6.7 64 44 33 37 24 6.6 4.7 (4)
-Avg
Metropolitan West High Yield Bond M MWHYX
ˇ QQQ
7.0
4.4
1.9 5.0
6.4 93 91 86 84 35 3.0 4.0 (4)
-Avg
PIMCO High Yield D PHYDX
„ QQQ
10.9 6.8 4.0 6.1
6.2
66 55 24 46 42 4.4 5.22 (7)
Avg
T. Rowe Price High Yield PRHYX
Œ QQQQ
12.5
8.6
4.0 7.0 7.0 37 18 25 13 14 5.0 5.33 (2)
Avg
Vanguard High-Yield Corporate Inv VWEHX
„ QQQQ
10.7 7.2 4.7 6.5 6.5 71 48 7 26 32 5.0 4.6 (6)
-Avg
Specialty Bond
— 8.5 6.1 1.5 3.3 3.9 — — — — — — 5.93 (22)
—
American Funds Capital World Bond A CWBFX
ˇ
IB
QQQ
7.0 5.2 1.0 1.4 3.8 45 51 46 54 57 1.2 4.42 (41)
Avg
Calamos Convertible A CCVIX
— CV
2.3
1.3 2.1 4.9 4.5 76 65 78 88 80 — 9.0 (81)
Avg
Dodge & Cox Global Bond DODLX
— IB NR
9.6 7.6 1.7 — — 12 10 — — — — 5.18 (7)
Eaton Vance Floating Rate A EVBLX
´
BL
QQQ
9.2 6.5 2.7 4.0 3.6 26 25 48 63 41 3.6 3.16 (0)
Avg
Fidelity Floating Rate High Income FFRHX
´
BL
QQQQ
8.5 6.3 2.7 3.6 3.9 36 31 50 79 18 3.3 3.14 (0)
Avg
Fidelity New Markets Income FNMIX
„
EB
QQQQ
16.3
13.8 6.1
6.6
7.6
17 14 6 5 8 5.8 7.5 (7)
+Avg
Fidelity Strategic Income FSICX
„
MU
QQQQ
9.3 6.7 3.6 4.4 6.0 29 29 27 50 24 3.3 4.09 (16)
Avg
FPA New Income FPNIX
´
NT
2.3 1.8 1.2 1.4
2.6
79 78 61 85 78 2.8 0.73 (33)
Low
Janus Global Unconstrained Bond D JUCDX
— NT NR
4.9 5.8 — — — 40 23 — — — 3.2 — (—)
Loomis Sayles Bond Retail LSBRX
Œ
MU
QQQ
8.7 5.0 2.0 4.7 5.7 37 64 87 43 34 3.1 5.78 (4)
High
Loomis Sayles Global Bond Retail LSGLX
´
IB
QQQ
8.1 6.1 0.4 1.0 3.9 25 34 63 65 53 1.3 4.78 (28)
Avg
PIMCO Emerging Local Bond Instl PELBX
ˇ
XP
QQQ
16.8
11.3
-4.2 -1.9
— 20 23 50 61 — 5.3 11.99 (9)
+Avg
PIMCO Foreign Bond (Unhedged) D PFBDX
´
IB
QQQ
8.6 6.7 -0.1 0.1 4.6 19 22 73 83 36 1.1 6.92 (18)
High
PIMCO Foreign Bond (USD-Hedged) D PFODX
´
IB
QQQQQ
6.8 6.5 5.9 6.0 6.1 52 25 2 2 4 0.5 3.1 (56)
-Avg
PIMCO Income D PONDX
„
MU
QQQQQ
7.4 6.5 5.5
8.5
— 57 33 6 2 — 3.4 2.64 (9)
-Avg
PIMCO Unconstrained Bond D PUBDX
ˇ
NT
]QQQ
4.9 5.0 1.2 2.1 — 42 33 62 64 — 2.9 3.21 (0)
Avg
T. Rowe Price International Bond RPIBX
ˇ
IB
9.2 7.6 -0.9 -0.3 3.0 14 10 87 85 80 1.2 6.83 (15)
+Avg
T. Rowe Price Spectrum Income RPSIX
´
MU
QQQ
8.7 6.9 3.4 4.7 5.4 38 25 33 43 48 2.9 3.76 (19)
Avg
Templeton Global Bond A TPINX
Œ
IB
]QQQQ
2.3
1.2
0.2 2.6 6.5 94 94 68 30 2 3.8 6.31 (1)
+Avg
Vanguard Convertible Securities Inv VCVSX
´
CV
]QQQQ
4.1 1.6 2.2 7.2 5.9 53 61 77 69 20 1.9 7.15 (74)
-Avg
Vanguard Total Intl Bd Idx Investor VTIBX
— IB
QQQQQ
5.5 5.4 4.8 — — 68 49 6 — — 0.5 2.82 (77)
-Avg
Municipal Bond National
— 2.9 3.9 4.5 4.0 3.4 — — — — — — 2.3 (81)
—
American Funds Tax-Exempt Bond A AFTEX
´
MI
QQQQ
3.0 4.1 5.1 4.8 4.3 20 26 15 12 15 1.4 2.36 (98)
Avg
Baird Quality Intermediate Muni Bd Inst BMBIX
— MI
QQQ
1.8 2.2 2.6 2.6 3.9 83 88 89 89 47 1.4 1.95 (88)
Low
Fidelity Interm Muni Inc FLTMX
Œ
MI
QQQ
2.5 3.3 3.7 3.4 3.9 47 56 56 63 45 1.4 2.05 (98)
-Avg
Fidelity Limited Term Municipal Income FSTFX
Œ
MS
QQQQ
1.3 1.4 1.5 1.6 2.7 28 28 24 27 26 0.9 1.16 (78)
Avg
Fidelity Municipal Income FHIGX
Œ
ML
QQQQ
3.5 4.7 5.6 4.8 4.6 32 39 40 48 22 1.7 2.77 (98)
Avg
Fidelity Tax-Free Bond FTABX
Œ
ML
QQQQ
3.7 4.9 5.7 5.0 4.8 22 32 38 40 14 1.9 2.8 (98)
Avg
Franklin Federal Tax-Free Income A FKTIX
´
ML
QQQ
3.1 4.0 5.4 4.6 4.5 46 64 57 60 36 1.2 2.64 (96)
Avg
Franklin High Yield Tax-Free Inc A FRHIX
´
HM
QQQ
4.9 6.3
6.9 5.5 4.7 47 53 71 82 23 2.0 3.32 (89)
Avg
T. Rowe Price Summit Municipal Intm PRSMX
Œ
MI
QQQQ
2.4 3.4 3.9 3.7 4.2 54 53 44 41 21 1.2 2.2 (98)
Avg
T. Rowe Price Tax-Free High Yield PRFHX
Œ
HM
QQQQ
4.8 6.3
7.6 6.8 4.9
52 54 50 40 9 2.4 3.16 (90)
Avg
T. Rowe Price Tax-Free Income Inv PRTAX
Œ
ML
QQQQ
2.9 4.1 5.4 4.7 4.5 58 56 55 52 33 1.5 2.58 (97)
-Avg
T. Rowe Price Tax-Free Shrt-Interm PRFSX
Œ
MS
QQQQ
1.1 1.0 1.3 1.6 2.8 37 46 34 28 25 0.7 1.28 (70)
+Avg
USAA Tax Exempt Intermediate-Term USATX
´
MI
QQQQQ
2.7 3.8 4.1 4.2 4.3 37 33 36 23 14 1.7 2.09 (97)
-Avg
Vanguard High-Yield Tax-Exempt VWAHX
„
MI
QQQQQ
4.4 6.2 6.5 5.7 4.9
1 1 4 4 2 2.5 2.93 (96)
High
Vanguard Interm-Term Tx-Ex Inv VWITX
„
MI
QQQQ
2.6 3.6 4.1 3.9 4.2 39 39 36 37 21 1.5 2.19 (98)
Avg
Vanguard Long-Term Tax-Exempt VWLTX
„
ML
QQQQ
3.6 5.4 6.0 5.2 4.7 24 21 26 34 21 2.0 2.9 (97)
+Avg
Vanguard Ltd-Term Tx-Ex VMLTX
„
MS
QQQQ
1.2 1.3 1.4 1.6 2.5 29 31 28 31 31 1.1 1.09 (69)
Avg
Vanguard Short-Term Tx-Ex VWSTX
„
MS
0.7 0.6 0.6 0.7 1.7
64 65 74 77 73 0.9 0.39 (39)
-Avg
Morningstar 500
Bond Funds
BarCap Municipal TR USD
2.9 4.1 4.9 4.3 4.6
BofAML US HY Master II TR
15.7 10.2 4.5 7.1 7.5
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
XP
Emerging Market Local Bond