The Best High Yield Bonds Mutual Funds

The table below compares the performance and other essential indicators like dividend yield and expense ratio of High Yield Bonds mutual funds.

Number of Funds: 208
Avg. Expense Ratio: 0.94%
Avg. Yield: 6.77%
Avg. 1 Year Return: 6.88%
Median Risk/Return Score: 70 / 100

196 results

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield	Risk / Return Rank
FGRMX	Fidelity Advisor High Income Fund Class M	High Yield Bonds	Dec 4, 2018	1.00%	3.45%	—	6.09%	92
FGSMX	Fidelity Advisor High Income Fund Class C	High Yield Bonds	Dec 4, 2018	1.76%	3.00%	—	5.36%	89
FGTMX	Fidelity Advisor High Income Fund Class I	High Yield Bonds	Dec 4, 2018	0.72%	3.43%	—	6.34%	93
FGUMX	Fidelity Advisor High Income Fund Class Z	High Yield Bonds	Dec 4, 2018	0.64%	3.60%	—	6.44%	93
FHAIX	Franklin High Income Fund	High Yield Bonds	Dec 31, 1969	0.77%	0.95%	5.93%	5.79%	45
FHHIX	Federated Hermes SDG Engagement High Yield Credit ...	High Yield Bonds	Sep 25, 2019	1.57%	1.22%	—	5.18%	73
FHIFX	Fidelity Focused High Income Fund	High Yield Bonds	Sep 8, 2004	0.75%	1.73%	4.41%	5.77%	84
FHIIX	Federated Hermes High Income Bond Fund	High Yield Bonds	Nov 30, 1977	0.90%	0.99%	4.81%	5.44%	49
FHRRX	Franklin High Income Fund	High Yield Bonds	May 1, 2013	0.50%	1.04%	6.08%	6.04%	64
FHYSX	Federated Hermes High-Yield Strategy Portfolio	High Yield Bonds	Dec 24, 2008	0.02%	1.19%	5.27%	6.30%	69
FHYTX	Federated Hermes Opportunistic High Yield Bond Fun...	High Yield Bonds	Aug 23, 1984	0.98%	1.34%	6.24%	5.22%	55
FIHBX	Federated Hermes Institutional High Yield Bond Fun...	High Yield Bonds	Nov 1, 2002	0.50%	1.16%	5.01%	6.45%	63
FIJWX	Fidelity Advisor Short Duration High Income Fund C...	High Yield Bonds	Oct 2, 2018	0.66%	2.98%	—	7.38%	95
FIQSX	Fidelity Advisor Floating Rate High Income Fund Cl...	High Yield Bonds	Oct 2, 2018	0.62%	1.96%	—	7.13%	93
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	High Yield Bonds	Oct 2, 2018	0.64%	7.73%	—	4.47%	92
FJSYX	Nuveen Credit Income Fund	High Yield Bonds	Aug 30, 2001	0.75%	1.50%	6.09%	6.81%	84
FOCIX	Fairholme Focused Income Fund	High Yield Bonds	Dec 31, 2009	1.00%	7.76%	7.09%	1.22%	48
FPIOX	Strategic Advisers Income Opportunities Fund	High Yield Bonds	Sep 27, 2007	0.49%	1.55%	5.30%	4.94%	82
FQTIX	Franklin Templeton SMACS: Series I	High Yield Bonds	Jun 3, 2019	0.00%	3.30%	—	6.86%	90
FSAHX	Fidelity Short Duration High Income Fund	High Yield Bonds	Nov 5, 2013	0.75%	2.96%	4.56%	7.29%	94

Risk vs. Return Scatterplot

The Risk vs. Return Scatterplot allows you to quickly compare funds, stocks, and ETFs in one view. It displays the yearly return of an instrument on one axis and the risk (volatility) on the other.

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Time Period

Best High Yield Bonds Mutual funds by Risk/Return Score

The top High Yield Bonds Mutual funds by PortfoliosLab Risk/Return Score are XILSX (100) and CCLFX (100). The score measures risk-adjusted performance over the past year, accounting for volatility, drawdown, and return consistency.

Symbol	Name	Risk / Return Rank	AUM	Inception
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014
CCLFX	Cliffwater Corporate Lending Fund	100	—	Mar 2019
RPHIX	RiverPark Short Term High Yield Fund	99	—	Sep 2010
CWFIX	Chartwell Short Duration High Yield Fund	96	—	Jul 2014
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	96	—	Feb 2011

Best-Performing High Yield Bonds Mutual funds Over 5 Years

The top High Yield Bonds Mutual funds is MHCAX (13.31%). Across the lineup, High Yield Bonds Mutual funds show an average 1-year return of 6.88% and an average 5-year return of 3.95%, providing a clearer view of performance across different investment horizons.

Symbol	Name	Return 5Y	AUM	Inception
MHCAX	MainStay MacKay High Yield Corporate Bond Fund Cla...	13.31%	—	May 1986
XILSX	Pioneer ILS Interval Fund	12.34%	—	Dec 2014
CCLFX	Cliffwater Corporate Lending Fund	8.75%	—	Mar 2019
FOCIX	Fairholme Focused Income Fund	8.63%	—	Dec 2009
FAGIX	Fidelity Capital & Income Fund	7.10%	—	Nov 1977

Lowest-Cost High Yield Bonds Mutual funds

The top High Yield Bonds Mutual funds is FHYSX (0.02%). With an average expense ratio of 0.94%, High Yield Bonds Mutual funds remain a low-cost option for investors seeking broad market exposure, sector allocations, and diversified portfolio building blocks.

Symbol	Name	Expense Ratio	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.13%	25.70B	Nov 2001
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.23%	25.70B	Dec 1978
CRDOX	Six Circles Credit Opportunities Fund	0.29%	—	Nov 2020

Highest-Yield High Yield Bonds Mutual funds

The top High Yield Bonds Mutual funds is NHS (17.17%). Across the lineup, High Yield Bonds Mutual funds show an average dividend yield of 6.77%, offering investors a steady stream of income through regular dividend payments, making them attractive for income-seeking portfolios.

Symbol	Name	Dividend Yield	AUM	Inception
NHS	Neuberger Berman High Yield Strategies Fund	17.17%	—	Jul 2003
HIX	Western Asset High Income Fund II	15.00%	—	May 1998
BGH	Barings Global Short Duration High Yield Fund	12.28%	—	Oct 2012
DSL	DoubleLine Income Solutions Fund	12.13%	—	Apr 2013
CIF	MFS Intermediate High Income Fund	11.02%	—	Jul 1988

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