Here we show the bond funds that received A ratings for the best risk-adjusted returns against similar funds over five years. To compare funds on a number of measures see the Mutual Funds Interactive Scoreboard.

Fund Name Category Avg. Annual Tot. Return*
Davis Appreciation & Income A Convertibles 11.7
GMO Emerging Country Debt IV** Emerging Markets Bond 20.9
Delaware Delchester A High Yield 12.0
Delaware High Yield Opp A High Yield 11.7
Fidelity Advisor High Income Advatange T High Yield 14.0
Fidelity Capital & Income High Yield 13.2
John Hancock High Yield A High Yield 13.8
MainStay High Yield Corp Bd A High Yield 12.1
Regions Morgan Keegan Sel Hi Inc A** High Yield 12.2
WM High Yield A High Yield 12.5
Baird Core Plus Bond Inv Intermediate (General) 5.9
Columbia Income Z Intermediate (General) 6.4
Croft-Leominster Income Intermediate (General) 7.0
Delaware Corp Bond A Intermediate (General) 7.8
Julius Baer Total Return Bond A Intermediate (General) 7.2
Legg Mason Inc Tr Investment Grade Prim Intermediate (General) 6.4
Managers Bond Intermediate (General) 7.4
Managers Fixed Income Instl Intermediate (General) 6.6
Parnassus Fixed Income Intermediate (General) 5.8
PIMCO Investment Grade Corporate Bd Instl Intermediate (General) 6.9
Pioneer Bond Y Intermediate (General) 6.3
Regions Morgan Keegan Sel Intm Bd A Intermediate (General) 6.8
T Rowe Price Corporate Income Intermediate (General) 6.3
Westcore Plus Bond Intermediate (General) 6.6
Western Asset Core Bond I Intermediate (General) 6.0
Western Asset Core Plus Bond I Intermediate (General) 6.9
Amer Century Target Maturity 2010 Inv Intermediate Government 5.7
Fidelity Mortgage Securities Intermediate Government 4.9
JPMorgan Mortgage Backed Sec Sel Intermediate Government 5.0
Payden GNMA R Intermediate Government 4.9
TCW Total Return Bond I Intermediate Government 5.5
Vanguard Intermediate Term Tsy Admrl Intermediate Government 5.1
Oppenheimer Intl Bond A International Bond 14.5
Pioneer Global High Yield A International Bond 15.3
Templeton Global Bond A International Bond 12.9
Amer Century Target Maturity 2025 Inv Long Government 10.1
Loomis Sayles Strategic Income A Multisector 15.3
Vanguard CA Long Term TE Admrl Muni. Calif. Interm. 5.6
Amer Century CA High Yield Municipal Inv** Muni. Calif. Long 6.8
Franklin Muni Sec Tr CA High Yld Muni A Muni. Calif. Long* 6.5
Oppenheimer CA Municipal A Muni. Calif. Long 8.2
Oppenheimer Rochester National Muni A Muni. High Yield 10.4
Oppenheimer Limited Term Municipal A Muni. National Interm. 7.1
USAA Tx Ex Intermediate Term Muni. National Interm. 4.9
Vanguard High Yield TE Admrl Muni. National Interm. 5.8
Vanguard Insrd Long Term TE Admrl Muni. National Interm. 5.6
Wells Fargo Advtg Intermediate Tx Fr Inv Muni. National Interm. 5.8
Wells Fargo Advtg Municipal Bond Inv Muni. National Interm. 6.8
Eaton Vance Natl Municipals A Muni. National Long 8.9
Fidelity Tax Free Bond Muni. National Long 6.0
Oppenheimer AMT Free Municipal Bond A Muni. National Long 7.9
T Rowe Price Summit Muni Income Muni. National Long 6.0
USAA Tx Ex Long Term Muni. National Long 6.2
Vanguard NY Long Term TE Admrl Muni. New York Interm. 5.6
Oppenheimer Rochester Municipals A Muni. New York Long 7.6
Morgan Stanley Instl Municipal Inst Muni. Short 5.1
Wells Fargo Advtg Short Term Muni Bd Inv Muni. Short 3.7
Delaware MN High Yield Muni Bd A Muni. Single-State Interm. 7.0
Dupree AL Tax Free Income Muni. Single-State Interm. 5.8
Dupree MS Tax Free Income Muni. Single-State Interm. 5.6
Eaton Vance OH Municipals A Muni. Single-State Interm. 6.4
Eaton Vance SC Municipals A Muni. Single-State Interm. 6.7
Vanguard FL Long Term Tx Ex Admrl Muni. Single-State Interm. 5.6
Vanguard NJ Long Term TE Admrl Muni. Single-State Interm. 5.5
Vanguard OH Long Term Tax Exempt Muni. Single-State Interm. 5.5
Wells Fargo Advtg WI Tax Free Inv Muni. Single-State Interm. 5.5
DWS Massachusetts Tax Free S Muni. Single-State Long 5.3
Eaton Vance MA Municipals A Muni. Single-State Long 6.2
Eaton Vance NJ Municipals A Muni. Single-State Long 6.4
Fidelity MA Muni Inc Muni. Single-State Long 5.6
Fidelity MI Muni Inc Muni. Single-State Long 5.3
Fidelity NJ Muni Inc Muni. Single-State Long 5.4
Fidelity OH Muni Inc Muni. Single-State Long 5.4
First American NE Tax Free Y Muni. Single-State Long 5.5
Oppenheimer NJ Municipal A Muni. Single-State Long 8.6
Oppenheimer PA Municipal A Muni. Single-State Long 8.9
T Rowe Price Tx Fr Inc Tr NJ Tx Fr Bond Muni. Single-State Long 5.4
T Rowe Price Tx Fr Inc Tr VA Tx Fr Bond Muni. Single-State Long 5.3
USAA Florida Tx Fr Income Muni. Single-State Long 5.6
USAA Tx Ex Virginia Bond Muni. Single-State Long 5.4
Wells Fargo Advtg MN Tax Free Adm Muni. Single-State Long 5.1
Legg Mason Partners Lifestyle Income A Short (General) 5.5
Phoenix Multi-Sector Short Tm Bond A Short (General) 5.6
Thompson Plumb Bond Short (General) 4.7
Vantagepoint Model Savings Oriented Growth Short (General) 4.8
Allegiant Government Mortgage I Short Government 4.3
DWS GNMA S Short Government 4.2
Managers Intermed Duration US Govt Short Government 4.4
PIMCO Total Return Mortgage D Short Government 4.9
Sentinel Government Securities A Short Government 4.9
DWS Short Duration Plus Inv** Ultrashort 4.8
Schwab Inv Yield Plus Select Ultrashort 3.4

*Appreciation plus reinvestment of dividends and capital gains before taxes, Jan. 1, 2002 - Dec. 29, 2006

** Fund closed Data: Standard & Poor's

*Closed to new Investors

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