The fund seeks to achieve its objective by investing, under normal circumstances, at least 80% of its net assets in corporate bonds (also referred to as corporate “debt securities” or “fixed-income securities”). For this purpose, "corporate bonds" includes any debt security issued by a domestic or foreign company with an initial maturity greater than one year. It invests primarily in investment-grade debt securities.

Nasdaq

IBJAX

The fund invests, under normal circumstances, at least 80% of its net assets in bonds. It invests primarily in corporate debt fixed-income securities, which can include both investment grade and non-investment grade rated bonds. The fund will primarily invest in debt securities issued by domestic companies, but also may invest up to 40% of its total assets in debt securities issued by foreign companies.

ICKYX

Under normal market conditions, the fund will invest at least 80% of its net assets (plus the amount of any borrowing for investment purposes) in corporate bonds. The fund’s investment universe consists of corporate investment grade bonds, high yield bonds, and U.S. government and treasury securities maturing within 10 years or less. All securities will be U.S. dollar denominated, although they may be issued by a foreign corporation or a U.S. affiliate of a foreign corporation.

IDMIX

The fund invests primarily in a diversified portfolio of investment-grade corporate debt securities. It may invest up to 35% of its assets in fixed-income securities rated below investment grade. The Adviser may lengthen or shorten duration from time to time based on its interest rate outlook, but the fund has no set duration parameters. It may invest in derivative contracts or hybrid contracts. The fund may also invest in government securities that are supported by the full faith and credit of the U.S. government.

ISHIX

Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in investment-grade bonds (securities rated from AAA to BBB-). These may include, but are not limited to, corporate bonds and debentures. It will not invest in mortgage-backed and asset backed securities and U.S. government and agency securities.

JMABX

The investment seeks a high level of income consistent with preservation of capital. Under normal conditions, the fund pursues its investment objective by investing at least 65% of its net assets in investment grade debt (or fixed income) securities including Corporate debt securities of U.S. issuers; Corporate debt securities of non-U.S. (including emerging market) issuers that are denominated in U.S. dollars; Mortgage-backed, mortgage-related and other asset-backed securities; Securities issued or guaranteed by the U.S. government, its agencies or instrumentalities; and Inflation-linked investments.

LAGVX

The investment seeks current income. Under normal conditions, the fund pursues its investment objective by investing at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in corporate debt (or fixed income) securities and derivative instruments that are intended to provide economic exposure to such securities. It invests substantially all of its assets in debt securities rated investment grade at the time of purchase or determined by Lord Abbett to be of comparable quality.

LICIX

The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its net assets (plus any borrowings for investment purposes) in a portfolio of investment grade corporate and U.S. government fixed income securities. The fund's investments in fixed income securities consist primarily of investment grade corporate fixed income securities and fixed income securities issued or guaranteed by the U.S. government, its agencies or instrumentalities. The fund typically invests in fixed income securities with short- to intermediate-term maturities from one to ten years.

LKFIX

The fund normally invests in a portfolio of debt obligations of various maturities. The Advisor expects to invest primarily in corporate obligations and in derivatives and other instruments relating to such investments. The fund currently limits its investments to U.S. dollar denominated investment grade debt obligations. It is non-diversified.

LMLCX

The principal strategies of the fund are to invest in investment-grade corporate bonds, government bonds, asset-backed securities, mortgage-backed securities, and other types of debt securities. Under normal conditions, at least 65% of its assets will be invested in investment grade debt securities or preferred stock.

LUBIX

The investment seeks total return with an emphasis on current income, but also considering capital appreciation. The adviser normally invests at least 80% of the fund's net assets in corporate debt instruments. It may also invest the fund's assets in U.S. government securities. MFS invests the majority of the fund's assets in investment grade quality debt instruments, but may also invest in below investment grade quality debt instruments.

MFBFX

Under normal conditions, the fund invests at least 80% of its assets (defined as net assets plus borrowings for investment purposes) in a portfolio of bonds with a dollar-weighted average maturity of between three and ten years.

MIFIX

The investment seeks above-average total return over a market cycle of three to five years. The fund invests at least 80% of its assets in corporate bonds. It invests primarily in U.S. corporate bonds that carry an investment grade rating (i.e., generally rated Baa3 or higher by Moody's Investors Service, Inc. ("Moody's"), BBB- or higher by S&P Global Ratings Group, a division of S&P Global Inc. ("S&P"), BBB- or higher by Fitch Ratings, Inc. ("Fitch")) or, if unrated, considered by the adviser to be of equivalent quality.

MPFDX

The advisor pursues the fund's objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in a diversified portfolio of corporate debt instruments of varying maturities issued by U.S. and foreign corporations domiciled in developed market and emerging market countries. The fund may invest in securities of any maturity, and there is no limit on the weighted average maturity of the fund's portfolio.

MWCBX

The investment seeks to provide a total rate of return that approximates that of bonds rated within the BBB category by credit rating agencies currently registered as nationally recognized statistical rating organizations (NRSROs). The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in bonds rated BBB by Standard & Poor's, Baa by Moody's or BBB by Fitch. It may invest up to 50% of its total assets in securities of foreign issuers denominated in U.S. dollars, including issuers located in emerging markets.

PBBBX

The investment seeks optimal risk adjusted returns, consistent with prudent investment management, while giving consideration to long term climate related risks and opportunities. The fund seeks to achieve its investment objective by investing under normal circumstances at least 80% of its assets in a diversified portfolio of fixed income instruments of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts, or swap agreements. It invests opportunistically in a broad spectrum of climate focused instruments and debt from issuers demonstrating leadership with respect to addressing climate related factors.

PCEWX

The investment seeks maximum total return, consistent with preservation of capital and prudent investment management. The fund normally invests at least 80% of its assets in a diversified portfolio of investment grade fixed income securities of varying maturities, which may be represented by forwards or derivatives such as options, futures contracts or swap agreements. It may invest up to 30% of its total assets in securities denominated in foreign currencies, and may invest beyond this limit in U.S. dollar-denominated securities of foreign issuers.

PIGIX

The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in corporate debt securities. Holdings will mainly consist of investment-grade bonds, although the fund has the flexibility to purchase some non-investment-grade bonds (also called high-yield bonds or junk bonds). It may invest in other securities in an effort to enhance income and achieve capital growth.

PRPIX

The fund invests in a wide variety of debt instruments and income-producing securities. Under normal market conditions, the fund invests at least 80% of its total assets in corporate bonds or similar corporate debt instruments. In addition, in order to gain exposure to corporate debt markets, the fund may use derivatives to a significant extent, including in particular, credit default swaps with respect to individual corporate names and with respect to various credit indices.

PYACX

To pursue its investment objective, the fund will invest, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in a diversified portfolio of corporate debt securities, including corporate bonds, notes and debentures. The fund may invest up to 10% of its total assets in bonds that are below investment grade, which are commonly referred to as "high yield" or "junk" bonds.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield
IBJAX	Delaware Ivy Corporate Bond Fund	Corporate Bonds	Mar 30, 1964	0.96%	—	—	—
ICKYX	Delaware Ivy Crossover Credit Fund	Corporate Bonds	Apr 3, 2017	0.90%	—	—	—
IDMIX	iMGP Dolan McEniry Corporate Bond Fund	Corporate Bonds	Sep 28, 2018	0.70%	-1.87%	—	3.40%
ISHIX	Federated Hermes Corporate Bond Fund	Corporate Bonds	May 20, 1987	0.86%	-2.17%	2.22%	3.61%
JMABX	John Hancock Managed Account Shares Investment-Gra...	Corporate Bonds	Jul 8, 2019	0.00%	-1.44%	—	5.69%
LAGVX	Lord Abbett Income Fund	Corporate Bonds	Jan 4, 1982	0.73%	-1.93%	2.30%	5.24%
LICIX	Lord Abbett Corporate Bond Fund	Corporate Bonds	Apr 19, 2017	0.48%	—	—	—
LKFIX	LKCM Fixed Income Fund	Corporate Bonds	Dec 30, 1997	0.50%	-0.89%	1.37%	2.48%
LMLCX	Western Asset SMASh Series C Fund	Corporate Bonds	Dec 27, 2006	0.00%	-3.10%	4.06%	6.08%
LUBIX	Thrivent Income Fund	Corporate Bonds	Jun 1, 1972	0.74%	-2.86%	1.82%	3.93%
MFBFX	MFS Corporate Bond Fund	Corporate Bonds	May 8, 1974	0.76%	-2.72%	2.09%	4.18%
MIFIX	Miller Intermediate Bond Fund	Corporate Bonds	Dec 31, 2014	0.99%	3.05%	—	3.80%
MPFDX	Morgan Stanley Institutional Fund Trust Corporate ...	Corporate Bonds	Aug 31, 1990	0.70%	-2.37%	3.08%	4.99%
MWCBX	Metropolitan West Corporate Bond Fund	Corporate Bonds	Jun 29, 2018	2.40%	-3.69%	—	3.97%
PBBBX	PIA BBB Bond Fund	Corporate Bonds	Sep 25, 2003	0.15%	-3.16%	2.26%	3.41%
PCEWX	PIMCO Climate Bond Fund	Corporate Bonds	Dec 10, 2019	0.71%	-1.55%	—	3.21%
PIGIX	PIMCO Investment Grade Credit Bond Fund	Corporate Bonds	Apr 28, 2000	0.51%	-2.57%	2.57%	4.10%
PRPIX	T. Rowe Price Corporate Income Fund	Corporate Bonds	Oct 31, 1995	0.56%	-3.01%	2.16%	4.12%
PYACX	Payden Corporate Bond Fund	Corporate Bonds	Mar 12, 2009	0.65%	-2.14%	2.70%	3.81%
SCCPX	Sterling Capital Long Duration Corporate Bond Fund	Corporate Bonds	Jun 30, 2011	0.45%	-6.83%	0.39%	4.69%

The Best Corporate Bonds Mutual Funds

Risk vs. Return Scatterplot