High Yield Corporate Bond Mutual Funds

High-yield (junk) bond funds invest in below-investment-grade corporate debt, offering higher income to compensate for elevated default risk. They behave as a hybrid between stocks and bonds — more volatile than investment-grade bonds with equity-like sensitivity to economic conditions.

Name YTD Return 1Yr AR 3Yr AR 5Yr AR 10Yr AR 15Yr AR 20Yr AR Common Inception
VWEAX (Vanguard High-yield Corporate Fund Admiral Shares) NA 13.64% 4.85% 6.18% 6.46% 6.25% NA
FAGIX (FIDELITY CAPITAL & INCOME FUND FIDELITY CAPITAL & INCOME FUND) NA 17.99% 5.77% 7.70% 8.02% 10.17% 8.29%
PHYIX (PUTNAM HIGH YIELD ADVANTAGE FUND CLASS A SHARES) NA 18.74% 3.78% 5.89% 6.31% 7.70% 5.65%
SHYAX (SIMT HIGH YIELD BOND FUND SIMT HIGH YIELD BOND FUND – CLASS F EFFECTIVE 1-31-2017 (FORMERLY CLASS A)) NA 21.71% 4.60% 6.64% 6.62% 7.73% 6.56%
HYFAX (HARBOR HIGH-YIELD BOND FUND INSTITUTIONAL CLASS) NA 14.67% 3.45% 5.07% 6.01% NA NA
NHMAX (Nuveen High Yield Municipal Bond Fund Class A) NA 2.08% 6.58% 6.89% 3.06% 5.00% NA
GHYAX (GOLDMAN SACHS HIGH YIELD MUNICIPAL FUND CLASS A) NA 4.66% 6.00% 5.61% 2.49% 4.00% NA
BHYAX (BlackRock High Yield Bond Inv A) NA 16.83% 3.89% 6.61% 6.93% 8.25% NA
JAHYX (JANUS HIGH-YIELD FUND CLASS T) NA 15.32% 3.81% 5.98% 6.60% 7.15% 6.64%
AHYIX (SALIENT HIGH YIELD FUND CLASS C) NA 13.90% 1.51% 4.21% 4.81% NA NA
Data as of 03/02/2017, Common starting date is 01/27/2003

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