Top 50 fixed-income mutual funds, second quarter 2019

Top 50 fixed-income mutual funds, second quarter 2019
A closer look at the numbers.
JUL 20, 2019
By  Ellie Zhu
Ranked by quarterly returns
Name/ticker3-month return1-year return3-year annualized returnPortfolio net assets ($M)Expense ratio*
1Eaton Vance Emerging Markets Local Income Fund;A (EEIAX)7.45%10.18%5.31%$1,019.00 1.22%
2Vanguard Extended Duration Treasury Index Fd;Inst (VEDTX)7.28%14.25%1.00%$2,561.70 0.06%
3Ryan Labs Long Credit Fund (RLLCX)7.12%14.91%4.68%$111.70 0.50%
4SEI Long Duration Fund;A (LDRAX)6.88%14.39%4.65%$1,461.00 0.37%
5PIMCO Long-Term Cr Bd Fund;Institutional (PTCIX)6.85%15.55%6.45%$4,094.00 0.85%
6PIMCO Extended Duration Fund;Inst (PEDIX)6.84%13.87%1.03%$1,416.30 0.94%
7T Rowe Price Institutional Long Duration Credit Fd (RPLCX)6.84%15.16%4.70%$34.80 0.45%
8SEI Inst Inv Long Duration Credit Fund;A (SLDAX)6.81%14.55%4.74%$4,087.50 0.37%
9PIMCO Emerg Markets Local Currency and Bd Fd;Inst (PELBX)6.81%9.80%4.55%$2,392.20 0.92%
10Wasatch-Hoisington US Treasury Fund;Investor (WHOSX)6.79%12.20%0.67%$352.80 0.70%
11Schroder Long Duration Investment-Grade Bond;Inv (STWLX)6.78%13.50%3.68%$136.40 0.32%
12MFS Emerging Markets Debt Local Currency Fund;I (EMLIX)6.70%11.30%4.84%$336.80 0.86%
13Delaware Extended Duration Bond Fund;Institutional (DEEIX)6.65%13.44%4.85%$659.90 0.57%
14Vanguard Long-Term Investment-Grade Fund;Investor (VWESX)6.45%14.65%4.53%$18,636.60 0.22%
15PGIM Emerging Markets Debt Loc Currency Fd;Z (EMDZX)6.41%9.56%3.78%$75.00 0.88%
16Vanguard Long-Term Bond Index Fund;Investor (VBLTX)6.33%13.71%3.57%$12,382.00 0.15%
17Invesco Oppenheimer Emerging Markets Local Debt;Y (OEMYX)6.32%10.61%5.05%$236.30 0.95%
18Goldman Sachs Local Emerging Markets Debt Fund;Ins (GIMDX)6.28%9.29%3.14%$161.80 0.91%
19Calvert Long-Term Income Fund;A (CLDAX)6.23%13.32%4.02%$70.60 0.92%
20Payden Emerging Markets Local Bond Fund;Investor (PYELX)6.02%8.83%4.06%$213.70 0.92%
21PIMCO Long Duration Total Return Fund;Inst (PLRIX)5.95%13.29%4.77%$3,717.30 1.00%
22Stone Harbor Local Markets Fund;Inst (SHLMX)5.93%6.88%2.81%$702.80 0.90%
23TCW Emerging Markets Local Currency Income Fund;I (TGWIX)5.86%7.62%4.42%$231.20 0.85%
24Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX)5.77%12.20%1.27%$78.90 0.03%
25Fidelity Long-Term Treasury Bond Index Fund (FNBGX)5.74%12.22%N/A$2,171.40 0.03%
26Vanguard Long-Term Treasury Fund;Investor (VUSTX)5.70%12.10%1.06%$3,752.00 0.20%
27T Rowe Price US Treasury Long-Term Fund (PRULX)5.69%11.90%0.97%$5,562.30 0.34%
28Fidelity Series Long-Term Treasury Bond Fund (FTLTX)5.68%12.23%N/A$10,793.10 0.00%
29Ashmore Emerging Markets Loc Currency Bd Fund;Inst (ELBIX)5.68%9.29%4.58%$73.80 0.97%
30Barings Em Mkts Debt Blended Total Return Fund;A (BXEAX)5.66%12.55%7.17%$50.50 1.20%
31Hartford Emerging Markets Local Debt Fund;Y (HLDYX)5.63%8.71%4.48%$158.00 0.91%
32T Rowe Price Emerging Markets Local Currency Bd (PRELX)5.60%8.61%4.37%$450.20 0.92%
33Voya Emerging Markets Local Currency Debt Fund;P (ILCDX)5.49%8.33%3.48%$77.30 0.15%
34Metropolitan West Corporate Bond Fund;I (MWCBX)5.40%13.80%N/A$2.20 0.50%
35DoubleLine Long Duration Total Return Bond Fund;I (DBLDX)5.38%10.89%1.43%$89.60 0.65%
36PIMCO Emerging Markets Full Spectrum Bond Fd;Inst (PFSIX)5.30%10.20%5.37%$355.10 0.96%
37American Funds Emerging Markets Bond Fund;A (EBNAX)5.24%11.39%5.70%$841.90 1.01%
38PIMCO Long-Term US Government Fund;Institutional (PGOVX)5.14%11.01%1.13%$929.80 0.78%
39BlackRock Emerg Market Flexible Dynamic Bd Port;K (BREDX)4.98%5.29%3.09%$102.20 0.64%
40Federated Corporate Bond Strategy Portfolio (FCSPX)4.90%11.68%5.02%$98.70 0.00%
41PIA BBB Bond Fund;MACS (PBBBX)4.86%11.11%4.32%$146.90 0.17%
42Ivy Crossover Credit Fund;I (ICKIX)4.85%11.55%N/A$39.80 0.65%
43Voya Investment Grade Credit Fund;SMA (ISCFX)4.83%11.83%5.13%$157.00 0.00%
44Emerging Markets Debt (SEDAX)4.81%9.42%4.88%$2,286.80 0.94%
45Ivy Pictet Emerging Markets Local Currency Db Fd;I (IECIX)4.81%4.69%0.56%$140.60 0.80%
46PGIM Global Total Return Fund;A (GTRAX)4.78%9.22%4.27%$2,133.80 0.88%
47Cohen & Steers Preferred Securities and In SMA Shs (PISHX)4.76%N/AN/A$11.30 0.46%
48Northern Multi-Manager Emerging Mkts Debt Oppty (NMEDX)4.76%9.79%4.09%$158.50 0.95%
49John Hancock Emerging Markets Debt Fund;I (JMKIX)4.75%11.72%6.09%$1,093.50 0.89%
50Morgan Stanley Inst Corporate Bond Portfolio;I (MPFDX)4.75%10.50%5.03%$127.90 0.70%
Largest inflows
Name/ticker3-month return1-year return3-year annualized returnPortfolio net assets ($M)Expense ratio*
1PIMCO Income Fund;Institutional (PIMIX)$6,746.30 2.40%6.93%$127,806.50 0.74%
2Fidelity Series Bond Index Fund (FIFZX)$6,569.80 N/AN/A$6,758.90 0.00%
3Vanguard Total Bond Market Index Fund;Investor (VBMFX)$4,702.40 3.05%7.75%$229,332.80 0.15%
4TIAA-CREF Bond Index Fund;Institutional (TBIIX)$3,874.10 2.93%7.72%$15,639.80 0.12%
5Vanguard Total Bond Market II Index Fund;Investor (VTBIX)$3,349.30 2.98%7.75%$181,700.10 0.09%
6PGIM Total Return Bond Fund;A (PDBAX)$3,068.80 3.58%8.83%$43,915.80 0.76%
7Lord Abbett Short Duration Income Fund;A (LALDX)$3,034.80 1.66%4.90%$49,594.60 0.59%
8Vanguard Total International Bond Index Fund;Adm (VTABX)$2,763.30 2.93%7.81%$131,613.50 0.11%
9Baird Core Plus Bond Fund;Institutional (BCOIX)$2,128.00 3.23%8.39%$21,337.40 0.30%
10PIMCO Investment Grade Credit Bond Fund;Inst (PIGIX)$1,871.50 4.16%10.71%$14,161.80 0.59%
11Vanguard Intermediate-Term Tax-Exempt Fund;Inv (VWITX)$1,778.40 2.02%6.37%$68,299.50 0.17%
12Strategic Advisers Fidelity Core Income Fund (FIWGX)$1,777.70 3.07%N/A$17,710.70 0.26%
13American Funds Bond Fund of America;A (ABNDX)$1,701.60 2.98%7.57%$44,769.10 0.60%
14Fidelity US Bond Index Fund (FXNAX)$1,468.10 2.97%7.88%$41,740.70 0.03%
15Dodge & Cox Income Fund (DODIX)$1,467.20 2.79%7.58%$59,621.20 0.42%
16Morgan Stanley Inst Ultra-Short Income Ptf;A (MUAIX)$1,412.40 0.59%2.37%$16,572.10 0.50%
17DoubleLine Total Return Bond Fund;I (DBLTX)$1,360.10 2.34%6.38%$52,852.30 0.47%
18Fidelity Total Bond Fund;Fidelity Total Bond (FTBFX)$1,351.70 3.07%7.75%$23,821.60 0.45%
19BlackRock Short Obligations Fund;K (BBSOX)$1,303.30 0.88%3.00%$2,209.40 0.30%
20Western Asset Core Plus Bond Fund;I (WACPX)$1,256.90 3.90%9.46%$27,172.90 0.45%
21Nuveen High Yield Municipal Bond Fund;I (NHMRX)$1,241.70 3.25%8.61%$20,143.80 0.78%
22Metropolitan West Total Return Bond Fund;M (MWTRX)$1,221.00 3.14%7.82%$75,625.70 0.67%
23Western Asset Core Bond Fund;I (WATFX)$1,196.60 3.14%8.59%$11,873.60 0.45%
24Goldman Sachs Dynamic Municipal Income Fund;A (GSMIX)$1,160.60 1.94%5.55%$5,655.20 0.76%
25Baird Aggregate Bond Fund;Institutional (BAGIX)$1,147.10 3.16%8.16%$20,552.00 0.30%
Largest outflows
Name/ticker3-month return1-year return3-year annualized returnPortfolio net assets ($M)Expense ratio*
1PIMCO Short-Term Fund;Institutional (PTSHX)-$1,597.600.50%2.04%$17,212.60 0.57%
2PIMCO Total Return Fund;Institutional (PTTRX)-$1,379.603.21%7.64%$66,012.70 0.55%
3Lord Abbett Floating Rate Fund;F (LFRFX)-$1,262.601.66%3.00%$11,276.00 0.69%
4Templeton Global Bond Fund;A (TPINX)-$1,094.800.70%5.27%$32,937.70 0.94%
5Invesco Oppenheimer Senior Floating Rate Fund;A (OOSAX)-$1,073.000.65%1.64%$11,817.30 1.12%
6PIMCO Emerg Markets Local Currency and Bd Fd;Inst (PELBX)-$977.106.81%9.80%$2,392.20 0.92%
7Janus Henderson Flexible Bond Fund;T (JAFIX)-$962.202.95%6.85%$4,175.70 0.68%
8Fidelity Series Long-Term Treasury Bond Fund (FTLTX)-$828.505.68%12.23%$10,793.10 0.00%
9T Rowe Price New Income Fund (PRCIX)-$731.903.13%7.72%$25,413.70 0.53%
10Fidelity New Markets Income Fund (FNMIX)-$726.302.16%7.11%$8,691.70 0.84%
11TCW Total Return Bond Fund;I (TGLMX)-$692.602.76%7.21%$5,803.60 0.49%
12Wells Fargo Ultra Sh-Tm Muni Inc Fd;Inst (SMAIX)-$680.100.53%1.93%$1,894.70 0.37%
13Eaton Vance Floating-Rate Fund;Institutional (EIBLX)-$616.501.10%3.06%$7,792.20 0.77%
14Fidelity Advisor Floating Rate High Income Fd;I (FFRIX)-$612.401.51%3.79%$10,355.90 0.75%
15PIMCO High Yield Fund;Institutional (PHIYX)-$605.002.81%8.67%$7,966.40 0.57%
16PIMCO Real Return Fund;Institutional (PRRIX)-$589.802.70%4.51%$9,438.40 0.88%
17Virtus Seix Floating Rate High Income Fund;I (SAMBX)-$587.800.98%3.34%$4,264.60 0.62%
18Fidelity Series High Income Fund (FSHNX)-$503.302.90%7.03%$1,519.30 0.00%
19Principal High Income Fund;Inst (PYHIX)-$492.601.90%5.58%$3,138.20 0.66%
20Eaton Vance Floating-Rate Advantage Fund;B (EBFAX)-$459.401.22%2.95%$8,257.00 1.75%
21BlackRock High Yield Bond Portfolio;Institutional (BHYIX)-$456.102.66%6.70%$16,226.10 0.61%
22John Hancock Strategic Income Opportunities Fd;NAV-$452.302.60%5.44%$5,582.60 0.65%
23JPMorgan Floating Rate Income Fund;I (JPHSX)-$443.401.04%3.03%$1,567.00 0.75%
24TIAA-CREF High-Yield Fund;Institutional (TIHYX)-$436.302.95%8.39%$3,809.00 0.36%
25AB Intermediate Dvsfd Muni Port;A (AIDAX)-$424.801.74%5.06%$6,429.40 0.73%
Notes: As of June 30, 2019. Primary share only, excludes ETFs, and excludes leveraged funds and dedicated short bias funds. *Most recently reported net prospectus expense ratio. **Portfolio estimated net flows. N/A = not available.
Source: Lipper Data from Refinitiv

Latest News

The power of cultivating personal connections
The power of cultivating personal connections

Relationships are key to our business but advisors are often slow to engage in specific activities designed to foster them.

A variety of succession options
A variety of succession options

Whichever path you go down, act now while you're still in control.

'I’ll never recommend bitcoin,' advisor insists
'I’ll never recommend bitcoin,' advisor insists

Pro-bitcoin professionals, however, say the cryptocurrency has ushered in change.

LPL raises target for advisors’ bonuses for first time in a decade
LPL raises target for advisors’ bonuses for first time in a decade

“LPL has evolved significantly over the last decade and still wants to scale up,” says one industry executive.

What do older Americans have to say about long-term care?
What do older Americans have to say about long-term care?

Survey findings from the Nationwide Retirement Institute offers pearls of planning wisdom from 60- to 65-year-olds, as well as insights into concerns.

SPONSORED The future of prospecting: Say goodbye to cold calls and hello to smart connections

Streamline your outreach with Aidentified's AI-driven solutions

SPONSORED A bumpy start to autumn but more positives ahead

This season’s market volatility: Positioning for rate relief, income growth and the AI rebound