The fund normally invests at least 80% of its net assets in foreign debt securities, including obligations of governments, corporate entities or supranational agencies, denominated in various currencies. It invests in at least three countries or supranational agencies. The fund invests up to 35% of its total assets in debt securities that are below investment grade and up to 5% of its total assets in debt obligations or similar securities denominated in the local currencies of countries that have a sovereign debt rating below investment-grade.

Nasdaq

ESICX

The fund normally invests at least 80% of assets in securities included in the Bloomberg Barclays Global Aggregate ex-USD Float Adjusted RIC Diversified Index (USD Hedged), which is a multi-currency benchmark that includes fixed-rate treasury, government-related, corporate and securitized bonds from developed and emerging markets issuers while excluding USD denominated debt. The manager uses statistical sampling techniques based on duration, maturity, interest rate sensitivity, security structure, and credit quality to attempt to replicate the returns of the index. The fund is non-diversified.

FBIIX

The investment seeks a high level of current income. The fund normally invests primarily in securities of foreign issuers, including securities of issuers located in emerging markets. It normally invests at least 80% of its assets in debt securities of all types and repurchase agreements for those securities. The fund normally invests primarily in investment-grade debt securities.

FCDSX

The investment seeks a high level of current income. The fund invests in securities issued throughout the world, including securities of issuers located in emerging markets. It normally invests at least 80% of the fund's assets in debt securities of all types and repurchase agreements for those securities. The fund normally invests primarily in investment-grade debt securities.

FGBFX

FGBIX

FGBWX

The fund invests in securities issued throughout the world, including securities of issuers located in emerging markets. It normally invests at least 80% of assets in debt securities of all types and repurchase agreements for those securities. The fund normally invests primarily in investment-grade debt securities.

FGBYX

FGBZX

The fund invests primarily in emerging markets fixed-income investments and non-dollar and dollar denominated fixed-income securities of foreign governments and their agencies or foreign corporations. It does not limit its investment to securities of issuers in a particular market capitalization or maturity range or rating category, and can hold rated and unrated securities, including securities rated below investment grade. It is non-diversified.

FIBPX

Under normal market conditions, the fund invests at least 80% of its net assets in "bonds." Bonds include debt obligations of any maturity, such as bonds, notes, bills and debentures. It invests predominantly in bonds issued by governments, government-related entities and government agencies located outside the U.S. The fund may invest up to 35% of its total assets in bonds that are rated below investment grade or if unrated, determined by the investment manager to be of comparable quality. It is non-diversified.

FIBZX

FIQYX

The fund invests primarily in investment-grade, fixed-income securities, including U.S. and non-U.S. government, agency, inflation protected, mortgage-related, loan participation, asset-backed and corporate debt securities. It may invest up to 25% of its total assets in non investment-grade, fixed-income securities. The fund may use derivative contracts (such as, for example, futures contracts, option contracts and swap contracts) and/or hybrid instruments to implement its investment strategy and to hedge against potential losses. It is non-diversified.

FTIIX

Under normal market conditions, the fund will invest at least 80% of its net assets in fixed income securities of issuers located in developed market countries. In addition, under normal market conditions, it will maintain at least 80% of its net assets in U.S. dollar currency exposure. The fund will invest in both investment grade and below investment grade fixed income securities, and intends to invest less than 35% of its net assets in below investment grade fixed income securities. It is non-diversified.

GBUSX

The fund invests mainly (at least, and typically more than, 80% of its net assets, plus borrowings for investment purposes, if any) in a diversified portfolio of fixed income instruments of varying maturities and quality across different industries and sectors of the fixed income market. It may invest up to 30% of its assets in U.S. and non-U.S. (including emerging markets) below-investment grade securities (high yield securities or junk bonds). The average dollar-weighted duration of the fund normally varies between three and 10 years.

GGBFX

The fund normally invests at least 80% of its net assets in fixed income securities of issuers located in developed market countries. It will invest in both investment grade and below investment grade fixed income securities, and the advisor intends to invest less than 35% of its net assets in below investment grade fixed income securities (commonly known as "high yield debt" or "junk bonds"). The fund may invest up to 25% of its net assets in convertible debt securities. It is non-diversified.

GOBSX

The investment seeks a total return consisting of capital appreciation and income.  The fund normally invests at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) ("Net Assets") in a portfolio of fixed income securities of U.S. and foreign issuers. Foreign securities include securities of issuers located outside the U.S. or securities quoted or denominated in a currency other than the U.S. dollar. It also enters into transactions in foreign currencies, typically through the use of forward contracts and swap contracts.

GSGIX

The investment seeks total return, made up of current income and capital appreciation. The fund normally invests at least 65% of its total assets in income-producing debt securities of U.S. and foreign corporations and governments, supranational organizations, semi-governmental entities or government agencies, authorities or instrumentalities, investment-grade U.S. or foreign mortgage-related securities, asset-backed securities, and U.S. or foreign short-term and long-term bank debt securities or bank deposits. It may invest in debt securities that are denominated in U.S. dollars or foreign currencies.

GTRAX

The fund pursues its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in bonds or other income-producing debt-related securities from developed countries. The managers intend to invest at least 40% of the fund's net assets outside of the United States and in at least three different countries.

HFAAX

The fund normally invests at least 80% of its assets in a broad range of fixed income securities, including U.S. and non-U.S. government and corporate debt, mortgage-related and other asset-backed securities, loan participations, inflation-protected securities, structured securities, variable, floating, and inverse floating rate instruments and preferred stock. It will invest at least 75% of its net assets in investment grade debt securities; however, the fund has the ability to invest up to 50% of its net assets in securities rated below investment grade. It is non-diversified.

HWDIX

The fund normally invests at least 80% of its net assets in bonds of issuers in a number of different countries, which may include the United States. It invests primarily in investment-grade securities which include, but are not limited to, corporate and government bonds. The fund will seek to maintain a minimum weighted average portfolio quality rating of at least investment-grade. The dollar-weighted average portfolio duration of the fund will generally range between two and nine years.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield
ESICX	Allspring International Bond Fund	Global Bonds	Dec 14, 1993	0.70%	—	—	—
FBIIX	Fidelity International Bond Index Fund	Global Bonds	Oct 10, 2019	0.06%	-0.74%	—	3.08%
FCDSX	Fidelity Series International Credit Fund	Global Bonds	Jul 25, 2017	0.00%	0.85%	—	4.32%
FGBFX	Fidelity Global Credit Fund	Global Bonds	May 22, 2012	0.70%	0.51%	0.70%	3.39%
FGBIX	Fidelity Advisor Global Credit Fund Class I	Global Bonds	May 22, 2012	0.70%	0.53%	0.70%	3.40%
FGBWX	Fidelity Advisor Global Credit Fund Class M	Global Bonds	May 22, 2012	0.95%	0.33%	0.46%	3.17%
FGBYX	Fidelity Advisor Global Credit Fund Class C	Global Bonds	May 22, 2012	1.70%	0.28%	-0.31%	2.45%
FGBZX	Fidelity Advisor Global Credit Fund Class A	Global Bonds	May 22, 2012	0.95%	0.45%	0.46%	3.16%
FIBPX	Federated Hermes International Bond Strategy Portf...	Global Bonds	Dec 23, 2008	0.00%	-2.42%	0.85%	3.70%
FIBZX	Templeton International Bond Fund	Global Bonds	Dec 2, 2007	0.78%	-8.11%	-1.94%	4.77%
FIQYX	Fidelity Advisor Global Credit Fund Class Z	Global Bonds	Oct 2, 2018	0.61%	0.54%	—	3.47%
FTIIX	Federated Hermes Global Total Return Bond Fund	Global Bonds	Jun 3, 1991	1.03%	-5.40%	-1.89%	2.25%
GBUSX	BrandywineGLOBAL - Global Opportunities Bond Fund ...	Global Bonds	Mar 28, 2019	0.75%	-4.69%	—	4.42%
GGBFX	GuideStone Funds Global Bond Fund	Global Bonds	Dec 28, 2006	0.86%	-3.59%	0.56%	1.14%
GOBSX	BrandywineGLOBAL - Global Opportunities Bond Fund	Global Bonds	Oct 31, 2006	0.56%	-8.68%	0.06%	0.65%
GSGIX	Goldman Sachs Global Core Fixed Income Fund	Global Bonds	Aug 1, 1991	0.91%	-2.49%	1.68%	2.50%
GTRAX	PGIM Global Total Return Fund	Global Bonds	Jul 6, 1986	0.88%	-2.95%	0.47%	3.83%
HFAAX	Janus Henderson Developed World Bond Fund	Global Bonds	Sep 29, 2003	0.83%	-4.59%	1.58%	2.50%
HWDIX	The Hartford World Bond Fund	Global Bonds	May 30, 2011	0.71%	-1.37%	1.08%	3.45%
IGBIX	Voya Global Bond Fund	Global Bonds	Jun 29, 2006	0.65%	-4.34%	-0.05%	4.82%

The Best Global Bonds Mutual Funds

Risk vs. Return Scatterplot