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Best Mutual Funds Awards 2023: Best U.S. Taxable Bond Funds

If you're evaluating mutual funds for your investment portfolio or retirement account, this list highlights the best bond funds (U.S. taxable) to consider now, based on each fund outperforming the Bloomberg U.S. Aggregate Bond Index over the last one-, three-, five- and 10-year periods. This signals outperformance in both the short- and long-term.

Of 777 U.S. taxable bond funds at least 10 years old, 350 of them, or 45%, won IBD Best Mutual Funds 2023 awards. Among these outperformers, shaded cells highlight the five best bond funds based on 10-year performance.

For more details, read the overview article on our 2023 mutual funds study, or see the list of all IBD Best Mutual Funds in every category, including muni bond funds, international funds, diversified stock funds, growth and value funds, sector funds, and breakouts of large-cap, midcap and small-cap funds.

All returns are as of Dec. 31, 2022.

Best U.S. Taxable Bond Funds

Mutual Fund Symbol 1-year total return 3-year average total return 5-year average total return 10-year average total return Morningstar category Closed to new investors
Benchmark: Bloomberg U.S. Aggregate Bond -13.01% -2.71% 0.02% 1.06%
Victory INCORE Investment Grd Convert A SBFCX -11.63 2.94 5.41 8.03 Convertibles No
Fairholme Focused Income FOCIX 6 4.54 2.71 6.4 High Yield Bond No
Miller Convertible Bond I MCIFX -10.56 3.88 3.68 6.01 Convertibles No
Fidelity Capital & Income FAGIX -10.46 3.29 4.31 5.82 High Yield Bond No
Fidelity Advisor High Income Advtg M FAHYX -10.47 2.67 3.74 5.33 High Yield Bond No
Dunham Long/Short Credit Fund Class N DNAIX -1.68 1.97 3.57 5.05 Nontraditional Bond No
American Beacon SiM High Yld Opps R5 SHOIX -6.97 2.54 3.67 4.92 High Yield Bond No
Credit Suisse Strategic Income I CSOIX -5.87 1.31 2.59 4.84 High Yield Bond No
Manning & Napier High Yield Bond S MNHYX -7.59 2.6 3.97 4.69 High Yield Bond No
Nuveen Preferred Secs & Inc I NPSRX -9.82 0.09 2.15 4.52 Preferred Stock No
SEI High Yield Bond A (SIIT) SGYAX -11.61 1.04 2.86 4.47 High Yield Bond No
Cohen & Steers Preferred Sec & Inc I CPXIX -12.37 -1.2 1.65 4.45 Preferred Stock No
Angel Oak High Yield Opportunities Instl ANHIX -7.39 1.05 2.8 4.41 High Yield Bond No
BrandywineGLOBAL Corporate Credit A BCAAX -8.7 1.3 3.29 4.4 High Yield Bond No
American Century High Income Y NPHIX -11.2 0.72 2.44 4.4 High Yield Bond No
Federated Hermes Opportunistic HY Bd Svc FHYTX -12.25 0.31 2.09 4.38 High Yield Bond No
Buffalo High-Yield BUFHX -5.53 2.89 3.64 4.38 High Yield Bond No
RBC BlueBay High Yield Bond I RGHYX -8.95 1.29 3.63 4.34 High Yield Bond No
MassMutual High Yield Svc DLHYX -11.18 -0.09 1.86 4.27 High Yield Bond No
Federated Hermes High Yield Strategy FHYSX -11.63 -0.41 2.15 4.27 High Yield Bond No
Loomis Sayles High Income Opps Instl LSIOX -12.86 -0.23 1.91 4.26 High Yield Bond No
BlackRock High Yield Bond K BRHYX -10.34 0.18 2.47 4.25 High Yield Bond No
AB High Yield Portfolio Advisor HIYYX -11.7 0.77 2.79 4.24 High Yield Bond No
Morgan Stanley Inst High Yield I MSYIX -11.57 -1.22 1.43 4.19 High Yield Bond No
PIMCO High Yield Spectrum Instl PHSIX -9.74 0.13 2.34 4.15 High Yield Bond No
PIA High Yield Institutional PHYSX -11.16 1 2.16 4.13 High Yield Bond No
TCW High Yield Bond I TGHYX -8.76 1.27 3.25 4.02 High Yield Bond No
Leader Cptl Leader Hi Qual Fltng RtInstl LCTIX 2.82 5.96 5.2 4.01 Intermediate Core-Plus Bond No
Guggenheim High Yield A SIHAX -9.25 0.04 1.61 4.01 High Yield Bond No
PIMCO Income Instl PIMIX -7.81 0.03 1.69 4 Multisector Bond No
PGIM High Yield A PBHAX -11.88 -0.52 2.33 3.98 High Yield Bond No
Loomis Sayles Instl High Income LSHIX -11.67 -0.36 1.08 3.98 High Yield Bond No
Principal Spectrum Pref&Cptl Scs IncInst PPSIX -10.67 -0.99 1.53 3.96 Preferred Stock No
Changing Parameters CPMPX -0.21 5.54 4.41 3.95 High Yield Bond No
SEI High Yield Bond F (SIMT) SHYAX -11.77 0.69 2.41 3.93 High Yield Bond No
MainStay MacKay Short Dur Hi Yld I MDHIX -2.49 1.79 2.93 3.91 High Yield Bond No
Federated Hermes Instl High Yield Bd IS FIHBX -11.39 -0.54 1.91 3.89 High Yield Bond No
Barrow Hanley Credit Opportunities I BCONX -9.83 1.62 3.52 3.86 High Yield Bond No
First Trust Preferred Sec & Inc I FPEIX -11.62 -0.61 1.89 3.85 Preferred Stock No
Payden High Income PYHRX -9.76 1.09 3.22 3.84 High Yield Bond No
T. Rowe Price Instl High Yield TRHYX -11.19 -0.59 1.81 3.83 High Yield Bond Yes
DWS Global High Income Inst MGHYX -10.17 -0.51 2.17 3.82 High Yield Bond No
Principal High Yield A CPHYX -8.55 0.74 1.98 3.75 High Yield Bond No
Pioneer High Yield Y TYHYX -10.62 -0.7 1.71 3.75 High Yield Bond No
Pacific Funds Strategic Income I PLSRX -9.66 0.92 2.61 3.72 Multisector Bond No
Frost Credit Institutional FCFIX -7.59 1.16 2.36 3.72 Short-Term Bond No
Eaton Vance Income Fund of Boston A EVIBX -8.18 0.52 2.26 3.71 High Yield Bond No
T. Rowe Price High Yield PRHYX -11.14 -0.64 1.69 3.7 High Yield Bond Yes
Lord Abbett Bond-Debenture A LBNDX -12.65 -1 1.14 3.7 Multisector Bond No
Empower High Yield Bond Inv MXHYX -11.85 0.41 2.16 3.68 High Yield Bond No
PGIM Short Duration High Yield Income Z HYSZX -5.64 1.34 3.29 3.67 High Yield Bond No
Integrity High Income A IHFAX -9.29 0.43 2.46 3.67 High Yield Bond No
Strategic Advisers Income Opportunities FPIOX -10.53 -0.15 1.95 3.65 High Yield Bond No
Vanguard High-Yield Corporate Inv VWEHX -9.06 -0.25 2.21 3.65 High Yield Bond No
Western Asset Smash Series C LMLCX -3.21 0.32 2.38 3.64 Corporate Bond No
Catalyst/CIFC Floating Rate Income I CFRIX -2.34 1.62 3.06 3.62 Bank Loan No
Nuveen Floating Rate Income I NFRIX -1.63 2.39 2.99 3.62 Bank Loan No
DWS High Income A KHYAX -9.15 0.01 2.27 3.6 High Yield Bond No
Osterweis Strategic Income OSTIX -5.94 2.65 2.51 3.59 High Yield Bond No
Eaton Vance Floating-Rate Advantage I EIFAX -3 1.37 2.63 3.58 Bank Loan No
American Funds American High-Inc A AHITX -9.18 1.71 2.92 3.57 High Yield Bond No
North Square Strategic Income I ADVNX -8.4 2.51 3.23 3.56 Multisector Bond No
Northern Multi-Manager Hi Yld Opp NMHYX -10.26 0.58 1.92 3.56 High Yield Bond No
American Beacon FEAC Fl Rt Inc R5 SPFLX -5.53 0.22 1.22 3.56 Bank Loan No
PIMCO High Yield Instl PHIYX -10.78 -0.75 1.85 3.55 High Yield Bond No
Virtus Seix High Yield I SAMHX -10.51 0.73 2.55 3.54 High Yield Bond No
Nuveen High Yield Income I NCOIX -10.25 -0.8 1.89 3.54 High Yield Bond No
Virtus Newfleet High Yield A PHCHX -10.29 0.31 2.27 3.54 High Yield Bond No
T. Rowe Price Instl Floating Rate RPIFX -0.6 2.13 3.07 3.53 Bank Loan No
Segall Bryant & Hamill Qua Hi Yld Retail WTLTX -9.75 -0.04 1.85 3.53 High Yield Bond No
Principal Diversified Income Instl PGDIX -11.2 -0.57 1.14 3.52 Multisector Bond No
Pacific Funds High Income I PLHIX -10.2 0.1 2.08 3.52 High Yield Bond No
Eaton Vance High Income Opportunities C ECHIX -8.07 0.52 1.97 3.5 High Yield Bond No
JPMorgan Global Bond Opportunities R6 GBONX -5.89 1.02 2.33 3.5 Multisector Bond No
Guggenheim Floating Rate Strats Instl GIFIX -0.82 1.96 2.56 3.49 Bank Loan No
TIAA-CREF High-Yield Inst TIHYX -9.83 -1.15 1.79 3.48 High Yield Bond No
Thornburg Strategic Income I TSIIX -6.13 1.46 2.56 3.47 Multisector Bond No
Virtus Seix High Income I STHTX -11.12 0.06 1.69 3.47 High Yield Bond No
Hartford High Yield Y HAHYX -10.79 -0.33 1.92 3.46 High Yield Bond No
Northern High Yield Fixed Income NHFIX -11.63 -0.41 1.95 3.46 High Yield Bond No
VALIC Company I High Yield Bond VHYLX -10.65 -0.18 2.04 3.46 High Yield Bond No
PGIM Floating Rate Income Z FRFZX -3.48 2.22 2.89 3.45 Bank Loan No
Pacific Funds Floating Rate Income I PLFRX -0.81 1.78 2.78 3.41 Bank Loan No
Hotchkis & Wiley High Yield I HWHIX -9.78 -0.02 1.13 3.4 High Yield Bond No
Columbia High Yield Bond A INEAX -11.15 -0.66 1.8 3.39 High Yield Bond No
Aquila High Income Y ATPYX -5.3 1.94 2.39 3.39 High Yield Bond No
Virtus Newfleet Short Dur H Inc Instl ASHIX -5.21 1.92 2.59 3.37 High Yield Bond No
Federated Hermes High Income Bond A FHIIX -11.73 -0.72 1.64 3.36 High Yield Bond No
PACE High Yield P PHYPX -11.37 -0.5 1.46 3.33 High Yield Bond No
Intrepid Income Institutional ICMUX -3.16 5.04 4.04 3.33 Multisector Bond No
Harbor High-Yield Bond Instl HYFAX -8.75 0.21 2.19 3.32 High Yield Bond No
Permanent Portfolio Versatile Bond I PRVBX -5.92 2.09 3.48 3.32 Short-Term Bond No
Delaware High-Yield Opportunities In DHOIX -10.65 0.31 2.32 3.31 High Yield Bond No
Westwood High Income Instl WHGHX -11.11 3.08 3.77 3.31 High Yield Bond No
Transamerica High Yield Bond I3 TAHTX -11.48 -0.75 1.71 3.3 High Yield Bond No
USAA High Income USHYX -10.94 -0.82 1.26 3.29 High Yield Bond No
JPMorgan High Yield I OHYFX -10.32 -0.51 1.65 3.27 High Yield Bond No
Voya High Yield Port S IPHYX -12.52 -1 1.59 3.27 High Yield Bond No
Eaton Vance Glbl Macro Abs Ret Advtg I EGRIX -1.94 2.11 2.29 3.26 Nontraditional Bond No
First Trust Short Duration High Inc I FDHIX -5.24 0.56 2.05 3.23 Bank Loan No
BNY Mellon High Yield - I DLHRX -11.51 -0.94 1.44 3.22 High Yield Bond No
Franklin High Income A1 FHAIX -9.3 0.55 2.38 3.21 High Yield Bond Yes
Voya High Yield Bond A IHYAX -12.8 -1.29 1.24 3.18 High Yield Bond No
Credit Suisse Floating Rate Hi Inc A CHIAX -1.9 1.76 2.32 3.17 Bank Loan No
MFS Global High Yield I MHOIX -9.81 -1.06 1.46 3.17 High Yield Bond No
JHancock High Yield A JHHBX -11.74 -1.02 1.21 3.15 High Yield Bond No
T. Rowe Price Floating Rate PRFRX -0.69 1.85 2.74 3.15 Bank Loan No
Guggenheim Macro Opportunities Instl GIOIX -8.38 1.56 1.49 3.14 Nontraditional Bond No
Fidelity Advisor Global High Income I FGHIX -11.01 -1.03 0.97 3.14 High Yield Bond No
GMO Opportunistic Income VI GMODX -2.08 1.33 2.36 3.13 Nontraditional Bond No
Metropolitan West High Yield Bond M MWHYX -11.36 0.7 2.51 3.12 High Yield Bond No
Putnam High Yield A PHYIX -11.85 -0.83 1.37 3.1 High Yield Bond No
Eaton Vance Multi-Asset Credit I EIAMX -6.21 -0.03 1.7 3.1 High Yield Bond No
Lord Abbett Floating Rate I LFRIX -1.71 0.69 1.88 3.09 Bank Loan No
Virtus Seix Floating Rate High Inc I SAMBX -0.89 1.62 2.32 3.09 Bank Loan No
SEI Tax-Advantaged Income F (STET) SEATX -12.13 -0.77 1.6 3.08 Intermediate Core-Plus Bond No
BlackRock Floating Rate Income Inv A BFRAX -0.69 1.81 2.59 3.08 Bank Loan No
Eaton Vance Floating Rate I EIBLX -2.36 1.4 2.38 3.08 Bank Loan No
Hartford Floating Rate High Inc Y HFHYX -5.11 0.18 1.84 3.08 Bank Loan No
Loomis Sayles Sr Floating Rate and F/I Y LSFYX -4.69 0.45 1.41 3.08 Bank Loan No
RiverNorth/Oaktree High Income I RNHIX -6.61 -0.03 1.66 3.06 High Yield Bond No
Virtus Newfleet Senior Floating Rate I PSFIX -0.25 1.89 2.55 3.06 Bank Loan No
Goldman Sachs High Yield Instl GSHIX -12.53 -1.35 1.32 3.05 High Yield Bond No
Fidelity Real Estate High Income FRE.TEMP -9.32 -2.49 0.87 3.05 Multisector Bond No
Invesco Floating Rate ESG A AFRAX -2.49 1.69 2.39 3.04 Bank Loan No
Neuberger Berman High Income Bond Inv NHINX -11.77 -0.72 1.64 3.04 High Yield Bond Yes
Principal High Income Inst PYHIX -10.97 -0.47 1.39 3.04 High Yield Bond No
Touchstone Flexible Income Y MXIIX -8.38 0.74 1.83 3.03 Multisector Bond No
Fidelity High Income SPHIX -12.23 -2.14 0.87 3.03 High Yield Bond No
Lazard US Corporate Income Instl LZHYX -10.11 -1 1.35 3.03 High Yield Bond No
Dunham High-Yield Bond N DNHYX -10.3 0.47 2.15 3.02 High Yield Bond No
Calvert High Yield Bond I CYBIX -10.76 -0.83 1.41 3 High Yield Bond No
First Eagle High Income Fund Class I FEHIX -8.46 0.55 1.97 3 High Yield Bond No
MainStay Floating Rate I MXFIX -1.05 1.64 2.54 2.99 Bank Loan No
Columbia Income Opportunities A AIOAX -10.34 -1.34 1.36 2.99 High Yield Bond No
MFS High Income A MHITX -10.56 -1.22 1.3 2.98 High Yield Bond No
Fidelity Focused High Income FHIFX -10.97 -1.37 1.46 2.96 High Yield Bond No
BlackRock Income Fund Instl BMSIX -9.47 -1.11 1.39 2.96 Multisector Bond No
AB High Income A AGDAX -11.83 -1.62 0.39 2.96 High Yield Bond No
MainStay MacKay High Yield Corp Bd B MKHCX -9.1 -0.5 1.4 2.96 High Yield Bond Yes
Allspring High Yield Bond A EKHAX -11.29 -1.35 0.9 2.95 High Yield Bond No
Goldman Sachs High Yield Fl Rate Instl GSFRX -1.66 1.7 2.56 2.95 Bank Loan No
Victory Floating Rate Y RSFYX -6.8 0.6 2.36 2.94 Bank Loan No
Nuveen Credit Income I FJSYX -10.33 -1.64 1.2 2.94 High Yield Bond No
Columbia Floating Rate A RFRAX -2.69 0.92 2.04 2.93 Bank Loan No
Virtus Stone Harbor High Yield Bd I SHHYX -12.06 -0.53 1.65 2.9 High Yield Bond No
Spirit of America Income A SOAIX -12.69 -1.09 1.38 2.89 Long-Term Bond No
Western Asset Short Duration High Inc A SHIAX -6.46 1.08 2.53 2.89 High Yield Bond No
Morgan Stanley Mortgage Securities I MTGDX -8.44 -1.41 0.87 2.89 Intermediate Core-Plus Bond No
Thrivent High Yield A LBHYX -10.5 -1.43 1.03 2.87 High Yield Bond No
Hartford Floating Rate Y HFLYX -3.98 0.59 1.88 2.87 Bank Loan No
Virtus Seix High Yield Bond Inst AYBIX -10.82 -0.77 1.15 2.86 High Yield Bond No
Fidelity Advisor Floating Rate Hi Inc M FFRTX -0.59 1.96 2.74 2.85 Bank Loan No
Calamos High Income Opportunities A CHYDX -10.35 0 1.8 2.85 High Yield Bond No
Toews Tactical Income Fund THHYX -5.33 -0.04 1.25 2.85 High Yield Bond No
PIMCO Mortgage Opportunities and BdInstl PMZIX -6.84 0.09 1.36 2.85 Nontraditional Bond No
Loomis Sayles Fixed Income LSFIX -11.75 -1.46 1.04 2.81 Multisector Bond No
Timothy Plan High Yield Bond A TPHAX -12.23 -0.52 1.82 2.81 High Yield Bond No
Shenkman Capital Short Dur Hi Inc Inst SCFIX -2.52 1.19 2.37 2.8 High Yield Bond No
PIMCO Low Duration Income Instl PFIIX -4.4 0.84 2.13 2.8 Short-Term Bond No
Invesco High Yield A AMHYX -9.83 -0.91 1.17 2.78 High Yield Bond No
Delaware Ivy High Income Fund Class C WRHIX -12.02 -0.86 0.78 2.74 High Yield Bond No
AB Limited Duration High Income Advisor ALHYX -8.25 -0.49 1.63 2.74 Multisector Bond No
Neuberger Berman Floating Rate Inc A NFIAX -1.94 1.93 2.55 2.74 Bank Loan No
American Century High-Yield Inv ABHIX -11.82 -0.84 1.31 2.73 High Yield Bond No
JHancock Floating Rate Income NAV JFIDX -4.34 1.16 2.32 2.71 Bank Loan No
Empower Multi-Sector Bond Investor MXLMX -11.42 -0.84 1.09 2.7 Multisector Bond No
Hartford Strategic Income I HSNIX -12.77 -0.56 1.62 2.69 Multisector Bond No
RiverNorth Doubleline Strategic Inc I RNSIX -12.68 -1.36 1.18 2.69 Multisector Bond No
Morgan Stanley Global Fixed Inc Opps I DINDX -7.05 -0.77 1.51 2.67 Multisector Bond No
Delaware Floating Rate Instl DDFLX -0.64 2.41 3.46 2.67 Bank Loan No
ICON Flexible Bond Institutional IOBZX -5.63 0.93 2.3 2.66 Multisector Bond No
Allspring Short-Term Hi Yld Bd A SSTHX -1.99 2.25 2.78 2.65 High Yield Bond No
Water Island Credit Opportunities I ACFIX -2.72 2.33 2.89 2.64 Nontraditional Bond No
Touchstone High Yield A THYAX -11.01 -1.07 1.38 2.64 High Yield Bond No
Frost Total Return Bond Inst FIJEX -5.31 0.46 1.61 2.63 Short-Term Bond No
Performance Trust Strategic Bond PTIAX -12.84 -2.13 0.53 2.63 Intermediate Core-Plus Bond No
RiverPark Short Term High Yield Instl RPHIX 2.96 2.32 2.43 2.61 High Yield Bond No
Sierra Tactical Core Income Instl SSIRX -4.91 0.2 1.5 2.59 Nontraditional Bond No
American Century Zero Coupon 2025 Inv BTTRX -4.44 2.79 3.06 2.59 Intermediate Government No
Impax High Yield Bond Investor PAXHX -12.89 -1.12 1.35 2.55 High Yield Bond No
Putnam Floating Rate Income A PFLRX -1.65 0.66 1.83 2.54 Bank Loan No
JPMorgan Floating Rate Income I JPHSX -2.13 1.2 2.06 2.54 Bank Loan No
Invesco Senior Floating Rate A OOSAX -0.43 1.1 0.94 2.54 Bank Loan No
SEI Opportunistic Income A (SIIT) ENIAX -1.16 1.37 2.33 2.53 Ultrashort Bond No
Nuveen Strategic Income I FCBYX -10.6 -0.57 1.5 2.52 Multisector Bond No
T. Rowe Price Spectrum Income RPSIX -10.59 -0.91 1.11 2.52 Multisector Bond No
PIMCO Low Duration Credit Instl PSRIX -2 -0.04 1.66 2.52 Bank Loan No
JPMorgan Unconstrained Debt R5 JSIRX -2.7 1.51 1.98 2.51 Nontraditional Bond No
Brandes Separately Managed Acct Rsrv Tr SMARX -11.18 -1.32 0.47 2.5 Intermediate Core-Plus Bond No
Eaton Vance Glbl Macr Absolute Return I EIGMX -0.46 1.76 2.26 2.49 Nontraditional Bond No
Voya Strategic Income Opportunities I IISIX -7.36 -1.35 1.13 2.46 Nontraditional Bond No
Franklin Floating Rate Daily Access Adv FDAAX -1.37 1 1.43 2.46 Bank Loan No
Federated Hermes Float Rate Strat Inc IS FFRSX -4.64 -0.07 1.33 2.45 Bank Loan No
PIMCO Credit Opportunities Bond Instl PCARX -3.31 0.47 1.76 2.43 Nontraditional Bond No
BlackRock Strategic Income Opps Instl BSIIX -5.64 0.71 1.82 2.43 Nontraditional Bond No
Pioneer Floating Rate A FLARX -3.27 0.56 1.68 2.4 Bank Loan No
PGIM Absolute Return Bond Z PADZX -1.13 0.51 1.92 2.39 Nontraditional Bond No
Morgan Stanley Pathway Hi Yld THYUX -12.02 -2.13 0.76 2.39 High Yield Bond No
Fidelity Advisor Strategic Income M FSIAX -11.36 -0.5 1.15 2.33 Multisector Bond No
JHancock Strategic Income Opps NAV JHSEX -10.14 -0.48 0.8 2.33 Multisector Bond No
Neuberger Berman Strategic Income I NSTLX -10.58 -0.28 1.37 2.32 Multisector Bond No
Virtus Newfleet Multi-Sect Intrmdt Bd A NAMFX -9.57 -0.93 0.83 2.3 Multisector Bond No
Hartford Schroders Tax-Aware Bond I STWTX -8.46 -0.99 0.94 2.28 Intermediate Core Bond No
abrdn Global High Income A BJBHX -12.63 -1.38 1.01 2.28 High Yield Bond No
USAA Intermediate-Term Bond USIBX -12.67 -1.23 1.16 2.28 Intermediate Core-Plus Bond No
BNY Mellon Corporate Bond M BYMMX -11.59 -1.42 1.24 2.27 Corporate Bond No
Columbia Strategic Income A COSIX -11.36 -1.2 1.02 2.25 Nontraditional Bond No
Eaton Vance Floating-Rate & Hi Inc C ECFHX -4.13 0.4 1.44 2.24 Bank Loan No
JPMorgan Strategic Income Opports R5 JSORX 0.53 1 1.61 2.22 Nontraditional Bond No
Eaton Vance Total Return Bond I EIBAX -12.89 -1.7 0.86 2.21 Intermediate Core-Plus Bond No
Voya Floating Rate I IFRIX -4.77 -0.78 0.83 2.16 Bank Loan No
Loomis Sayles Investment Grade Bond Y LSIIX -11.31 -0.24 1.54 2.14 Intermediate Core-Plus Bond No
Dodge & Cox Income I DODIX -10.86 -1.12 1.13 2.09 Intermediate Core-Plus Bond No
Russell Inv Opportunistic Credit Y RGCYX -11.4 -1.91 0.28 2.05 Multisector Bond No
Eaton Vance Short Dur Infl-Prot Inc I EIRRX -3.07 3.23 3.01 2.03 Inflation-Protected Bond No
PIMCO Strategic Bond Instl PUTIX -6.04 -0.52 1.41 2.03 Nontraditional Bond No
DWS Floating Rate Inst DFRTX -1.54 1.12 2.26 2.01 Bank Loan No
AMG GW&K High Income N MGGBX -6.81 2.71 2.26 2.01 High Yield Bond No
Pacific Funds Core Income I PLIIX -12.16 -1.57 0.87 1.98 Intermediate Core-Plus Bond No
Transamerica Asset Alloc Short Hrzn R4 TSHFX -12.32 -0.83 1.04 1.97 Intermediate Core-Plus Bond No
Loomis Sayles Strategic Alpha Y LASYX -7.97 0.91 1.43 1.95 Nontraditional Bond No
Carillon Reams Unconstrained Bond I SUBFX -4.74 1.82 2.43 1.92 Nontraditional Bond No
Metropolitan West Unconstrained Bd I MWCIX -8.18 -0.93 0.89 1.91 Nontraditional Bond No
Thompson Bond THOPX -7.27 -1.22 0.7 1.91 Short-Term Bond No
Metropolitan West Strategic Income M MWSTX -6.93 -0.09 1.21 1.91 Nontraditional Bond No
Putnam Fixed Income Absolute Return Y PYTRX -0.35 -1.06 1.35 1.9 Nontraditional Bond No
Osterweis Short Duration Credit Inv ZEOIX -8.72 -1.2 0.7 1.88 High Yield Bond No
Virtus Newfleet Core Plus Bond I SAVYX -11.95 -1.76 0.7 1.87 Intermediate Core-Plus Bond No
Carillon Reams Core Plus Bond I SCPZX -11.8 0.26 1.92 1.87 Intermediate Core-Plus Bond No
Touchstone Strategic Income Opp A TQPAX -9.86 -0.96 0.75 1.84 Multisector Bond No
Federated Hermes Intermediate Corp Bd IS FIIFX -9.51 -1.32 0.96 1.84 Corporate Bond No
Morgan Stanley Inst Short Dur Inc I MPLDX -4.07 -0.27 1.06 1.81 Short-Term Bond No
Federated Hermes Total Return Bond IS FTRBX -12.49 -1.33 0.89 1.79 Intermediate Core-Plus Bond No
MainStay MacKay Strategic Bond A MASAX -7.8 -0.08 0.84 1.78 Nontraditional Bond No
Pacific Funds Short Duration Income I PLSDX -2.81 0.42 1.53 1.77 Short-Term Bond No
Fidelity Total Bond Fund FTBFX -12.9 -1.65 0.75 1.77 Intermediate Core-Plus Bond No
Loomis Sayles Investment Grade F/I LSIGX -11.98 -1.66 0.36 1.75 Intermediate Core-Plus Bond No
Manning & Napier Unconstrained Bond S EXCPX -6.71 0.96 1.61 1.75 Nontraditional Bond No
BBH Limited Duration I BBBIX -0.91 1.08 1.93 1.74 Ultrashort Bond No
BlackRock Allocation Target Shrs Ser Svc BRASX -4.1 -0.08 1.45 1.74 Short-Term Bond No
Baird Core Plus Bond Inst BCOIX -12.87 -2.1 0.55 1.73 Intermediate Core-Plus Bond No
Delaware Strategic Income A DEGGX -10.51 -0.3 1.13 1.71 Multisector Bond No
AB Bond Inflation Strategy I ANBIX -8.5 2.09 2.65 1.69 Inflation-Protected Bond No
USAA Short-Term Bond USSBX -2.94 0.86 1.75 1.67 Short-Term Bond No
JPMorgan Core Plus Bond I HLIPX -12.69 -2.06 0.43 1.67 Intermediate Core-Plus Bond No
Channel Short Duration Income CPSIX -5.45 0.97 1.99 1.65 Short-Term Bond No
Loomis Sayles Securitized Asset LSSAX -11.83 -2.43 0.33 1.65 Intermediate Core Bond No
Eaton Vance Short Duration Strat Inc C ECSIX -3.31 1.24 1.19 1.61 Nontraditional Bond No
Vanguard Short-Term Corp Bd Idx I VSTBX -5.73 -0.45 1.24 1.6 Short-Term Bond No
JHancock Income A JHFIX -10.35 -1.39 0.51 1.58 Multisector Bond No
Lord Abbett Short Duration Income A LALDX -4.72 -0.27 1.15 1.58 Short-Term Bond No
Azzad Wise Capital WISEX -3.37 0.67 1.41 1.57 Short-Term Bond No
Catholic Responsible Investments Bd Ins CRBSX -12.84 -1.51 0.85 1.56 Intermediate Core-Plus Bond No
DoubleLine Low Duration Bond I DBLSX -2.69 -0.01 1.2 1.56 Short-Term Bond No
SEI Defensive Strategy F (SAAT) SNSAX -3.56 0.46 1.45 1.53 Short-Term Bond No
Goldman Sachs Long Shrt Crdt Strats Inst GSAWX -7.5 0.41 1.14 1.53 Nontraditional Bond No
PIMCO Dynamic Bond Instl PFIUX -6.88 -0.51 1.03 1.53 Nontraditional Bond No
Putnam Short Duration Bond Y PARYX -4.02 -0.1 1.35 1.53 Short-Term Bond No
BrandywineGLOBAL Global Unconst Bond I LROIX -4.69 0.32 0.63 1.53 Nontraditional Bond No
Payden Managed Income SI PKBIX -3.89 0.6 1.76 1.52 Multisector Bond No
Oakhurst Fixed Income OHFIX -12.27 -2.37 0.12 1.5 Intermediate Core-Plus Bond No
BlackRock Global Long/Short Credit Instl BGCIX -8.01 -0.35 0.87 1.49 Nontraditional Bond No
Virtus Newfleet Multi-Sector S/T Bd A NARAX -5.98 -0.48 0.75 1.49 Short-Term Bond No
MainStay Short Term Bond I MIXIX -4.18 -0.46 1.25 1.49 Short-Term Bond No
PIMCO Short-Term Instl PTSHX -0.33 0.8 1.32 1.48 Ultrashort Bond No
Virtus Newfleet Low Dur Cor Pl Bd I HIBIX -4.85 -0.28 1.04 1.48 Short-Term Bond No
Weitz Short Duration Income Instl WEFIX -2.73 0.52 1.42 1.48 Short-Term Bond No
Semper Short Duration Institutional SEMIX -1.46 -0.15 1.09 1.47 Ultrashort Bond No
Loomis Sayles Interm Duration Bond Y LSDIX -8.55 -0.95 1.01 1.46 Short-Term Bond No
Commerce Bond CFBNX -12.48 -2.31 0.19 1.46 Intermediate Core Bond No
Loomis Sayles Core Plus Bond A NEFRX -12.94 -1.9 0.35 1.45 Intermediate Core-Plus Bond No
Goldman Sachs Strategic Income Instl GSZIX -3.34 1.55 1.67 1.44 Nontraditional Bond No
Allspring Short-Term Bd Pl Inst SSHIX -4.65 0.44 1.49 1.42 Short-Term Bond No
USAA Ultra Short-Term Bond UUSTX -0.68 0.97 1.73 1.41 Ultrashort Bond No
Allspring Real Return Admin IPBIX -9.98 1.71 2.19 1.41 Inflation-Protected Bond No
Johnson Institutional Intermediate Bond JIBEX -9.24 -1.46 0.65 1.41 Intermediate Core Bond No
DWS Short Duration S DBPIX -4.17 0.3 1.43 1.4 Short-Term Bond No
Baird Intermediate Bond Inst BIMIX -8.64 -1.1 0.82 1.39 Intermediate Core Bond No
Pioneer Short Term Income Y PSHYX -3.44 0.03 1.29 1.38 Short-Term Bond No
BNY Mellon Global Dynamic Bond Inc - I DGDIX -8.95 -1.55 0.9 1.38 Nontraditional Bond No
Archer Income ARINX -6.84 -0.46 1 1.37 Intermediate Core-Plus Bond No
Thornburg Limited Term Income A THIFX -7.33 -0.53 0.93 1.37 Short-Term Bond No
Invesco Short Duration Inflation Prot R5 ALMIX -4.34 1.97 2.16 1.37 Inflation-Protected Bond No
JPMorgan Mortgage-Backed Securities I OMBIX -10.27 -1.91 0.49 1.37 Intermediate Core Bond No
Baird Short-Term Bond Inst BSBIX -3.64 0 1.22 1.36 Short-Term Bond No
Vanguard Short-Term Investment-Grade Inv VFSTX -5.85 -0.48 1 1.35 Short-Term Bond No
FPA New Income FPNIX -3.1 0.05 1.24 1.35 Short-Term Bond Yes
Thrivent Opportunity Income Plus A AAINX -10.57 -2 0.12 1.35 Multisector Bond No
Goldman Sachs Short Duration Bond Instl GDFIX -5.36 -0.21 1.24 1.35 Short-Term Bond No
Brandes Core Plus Fixed Income I BCPIX -10.36 -1.48 0.31 1.33 Intermediate Core-Plus Bond No
American Century Short Dur Inf PrBd R5 APISX -3.68 2.57 2.59 1.33 Inflation-Protected Bond No
PIMCO Moderate Duration Instl PMDRX -8.69 -0.89 0.81 1.33 Intermediate Core-Plus Bond No
Calvert Short Duration Income A CSDAX -5.01 0.05 1.25 1.32 Short-Term Bond No
Allspring Ultra Short-Term Income Inst SADIX -0.4 0.87 1.62 1.32 Ultrashort Bond No
Thrivent Limited Maturity Bond S THLIX -4.29 -0.07 1.06 1.31 Short-Term Bond No
Pioneer Multi-Asset Ultrashort Income Y MYFRX 0.54 0.53 1.34 1.31 Ultrashort Bond No
Lord Abbett Inflation Focused I LIFIX -4.54 3.78 3.06 1.3 Inflation-Protected Bond No
Sterling Capital Short Duration Bond I BBSGX -3.18 0.27 1.36 1.3 Short-Term Bond No
Calvert Bond A CSIBX -12.45 -2 0.37 1.29 Intermediate Core-Plus Bond No
AB Taxable Multi-Sector Income CSHTX -2.95 0.05 1.42 1.29 Short-Term Bond No
JPMorgan Limited Duration Bond I HLGFX -2.84 -0.16 1 1.29 Short-Term Bond No
American Funds Bond Fund of Amer A ABNDX -12.68 -1.43 0.65 1.28 Intermediate Core Bond No
American Century Short Duration R5 ACSUX -4.06 0.4 1.37 1.28 Short-Term Bond No
Calamos Total Return Bond I CTRIX -12.26 -2.45 0.06 1.28 Intermediate Core-Plus Bond No
Sterling Capital Quality Income Instl SCSPX -9.02 -1.99 0.29 1.28 Intermediate Core Bond No
Franklin Strategic Income A FRSTX -10.72 -1.92 0.03 1.27 Multisector Bond No
DFA Investment Grade I DFAPX -12.92 -2.37 0.41 1.27 Intermediate Core Bond No
TIAA-CREF Short-Term Bond Inst TISIX -2.89 0.25 1.28 1.27 Short-Term Bond No
Empower Short Duration Bond Inv MXSDX -4.25 0.05 1.22 1.26 Short-Term Bond No
T. Rowe Price Ultra Short-Term Bond TRBUX -0.83 0.81 1.57 1.26 Ultrashort Bond No
Western Asset Intermediate Bond I WATIX -11.46 -2.3 0.19 1.26 Intermediate Core Bond No
Nationwide Loomis Short Term Bd InstlSvc NWJVX -3.43 0.42 1.63 1.26 Short-Term Bond No
American Funds Inflation Linked Bd A BFIAX -11.9 1.55 2.03 1.25 Inflation-Protected Bond No
SEI Ultra Short Duration Bond A (SIIT) SUSAX -1 0.42 1.33 1.25 Ultrashort Bond No
Columbia Limited Duration Credit A ALDAX -6.37 -0.72 0.95 1.24 Short-Term Bond No
Federated Hermes Shrt-Interm TR Bd IS FGCIX -5.47 -0.38 0.95 1.24 Short-Term Bond No
Fidelity Intermediate Bond FTHRX -8.72 -1.16 0.79 1.23 Intermediate Core Bond No
Metropolitan West Intermediate Bond I MWIIX -9.27 -1.18 0.77 1.23 Intermediate Core-Plus Bond No
Hartford Short Duration A HSDAX -5.05 -0.46 0.98 1.23 Short-Term Bond No
SEI Real Return A (SIIT) RRPAX -4.06 2.23 2.39 1.22 Inflation-Protected Bond No
Payden Limited Maturity PYLMX 0.55 0.9 1.56 1.21 Ultrashort Bond No
American Funds Mortgage R6 RMAGX -9.74 -1.23 0.46 1.21 Intermediate Government No
PIMCO Short Asset Investment Instl PAIDX 0.57 0.56 1.26 1.19 Ultrashort Bond No
JPMorgan Core Bond I WOBDX -12.35 -2.14 0.34 1.18 Intermediate Core Bond No
PGIM Short-Term Corporate Bond A PBSMX -6.7 -0.83 0.83 1.17 Short-Term Bond No
Catholic Rspnsbl Invst Sht Dtn Bd Ins CRDSX -3.31 -0.17 0.99 1.16 Short Government No
Sterling Capital Ultra Short Bond Instl BUSIX 0.32 0.93 1.54 1.16 Ultrashort Bond No
Meeder Tactical Income Retail FLBDX -5.99 -0.34 0.86 1.16 Nontraditional Bond No
First Foundation Fixed Income A FFBAX -12.91 -1.8 0.17 1.16 Intermediate Core-Plus Bond No
BlackRock Short Obligations K BBSOX 0.8 0.77 1.45 1.16 Ultrashort Bond No
Strategic Advisers Short Duration FAUDX -0.97 0.52 1.3 1.16 Ultrashort Bond No
BlackRock Low Duration Bond Instl BFMSX -4.72 -0.56 0.81 1.16 Short-Term Bond No
Putnam Ultra Short Duration Income Y PSDYX 1.08 0.88 1.48 1.15 Ultrashort Bond No
Voya Short Term Bond I IISBX -4.82 -0.3 0.93 1.14 Short-Term Bond No
SEI Multi-Asset Real Return A (SIIT) SEIAX 9.2 6.58 4.56 1.14 Inflation-Protected Bond No
Northern Ultra-Short Fixed Income NUSFX -1.01 0.42 1.29 1.13 Ultrashort Bond No
Yorktown Short Term Bond A APIMX -4.92 -0.58 0.77 1.13 Short-Term Bond No
Dupree Intermediate Govt Bond DPIGX -3.5 -0.28 0.8 1.12 Intermediate Government No
JPMorgan Managed Income L JMGIX 1.12 0.83 1.51 1.11 Ultrashort Bond No
Fidelity Conservative Income Bond Instl FCNVX 1.27 0.8 1.44 1.11 Ultrashort Bond No
Columbia Ultra Short Term Bond Inst3 CMGUX 0.83 0.92 1.53 1.11 Ultrashort Bond No
LKCM Fixed-Income LKFIX -5.63 -1.04 0.72 1.11 Corporate Bond No
Federated Hermes Inflation Ptctd Sec IS RRFIX -11.71 1.09 2.08 1.1 Inflation-Protected Bond No
T. Rowe Price Ltd Dur Infl Focus Bd TRBFX -5.23 1.88 2.22 1.08 Inflation-Protected Bond No
Eventide Limited-Term Bond A ETABX -5.84 -1.29 0.21 1.08 Short-Term Bond No
Homestead Short-Term Bond HOSBX -5.72 -0.57 0.75 1.08 Short-Term Bond No
Principal Short-Term Income A SRHQX -3.96 -0.4 0.82 1.08 Short-Term Bond No
Fidelity Advisor Limited Term Bond I EFIPX -6.11 -0.84 0.79 1.07 Short-Term Bond No
SEI Ultra Short Duration Bond F (SDIT) SECPX -0.86 0.32 1.17 1.06 Ultrashort Bond No
Sources: IBD, Morningstar Direct

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