Medalist Mutual Funds Fixed Income Annualized Total Return % Name Morningstar Category Morningstar Analyst Rating Morningstar Fee Level Morningstar Rating Invesco Corporate Bond R6 ICBFX Corporate Bond ´ Below Avg MFS Corporate Bond R6 MFBKX Corporate Bond ´ PIMCO Investment Grade Credit Bond Instl PIGIX Corporate Bond Vanguard Interm-Term Corp Bd Idx Adm VICSX Closed to New Investors 1Yr 3Yr 5Yr QQQQQ 15.78 7.47 6.56 No Below Avg QQQ 10.06 6.70 5.17 No * Below Avg QQQQ 9.50 5.49 5.27 No Corporate Bond * Low QQQQ 9.56 6.48 4.68 No Vanguard Interm-Term Invstmnt-Grde Adm VFIDX Corporate Bond ´ Low QQQ PIMCO Emerging Markets Bond Instl PEBIX Emerging Markets Bond ´ Below Avg T. Rowe Price Emerging Markets Bond Z TREZX Emerging Markets Bond ´ TCW Emerging Markets Income I TGEIX Emerging Markets Bond Eaton Vance Emerging Markets Local Inc I EEIIX 7.04 6.06 4.15 No QQQQ 16.59 4.17 6.09 No Low QQQ 20.37 1.77 4.42 Yes Œ Below Avg QQQ 23.69 3.24 5.73 No Emerging Mkts Lcl-Currncy ´ Average QQQQQ 15.69 1.68 5.61 No TCW Emerging Markets Local Ccy Inc I TGWIX Emerging Mkts Lcl-Currncy * Below Avg QQQQ 14.27 -1.95 3.08 No Artisan High Income Advisor APDFX High Yield Bond ´ Average QQQQQ 30.69 8.07 9.39 No BlackRock High Yield Bond Instl BHYIX High Yield Bond Œ Below Avg QQQQQ 23.42 6.41 7.71 No Diamond Hill Corporate Credit I DHSTX High Yield Bond * Below Avg QQQQQ 24.44 7.93 8.30 No Eaton Vance High Income Opportunities I EIHIX High Yield Bond ´ Below Avg QQQQ 23.80 5.90 6.56 No ´ Below Avg QQQQ 20.59 5.76 6.37 No 6.50 7.27 No Eaton Vance Income Fund of Boston I EIBIX High Yield Bond Federated Hermes Instl High Yield Bd IS FIHBX High Yield Bond * Low QQQQQ 21.52 Fidelity Advisor High Income Advtg Z FIQTX High Yield Bond * Below Avg QQQQQ 38.36 8.56 9.53 No Fidelity Capital & Income FAGIX High Yield Bond ´ Below Avg QQQQQ 38.92 8.95 9.55 No Fidelity High Income SPHIX High Yield Bond ´ Below Avg QQQ 18.21 4.65 6.94 No Harbor High-Yield Bond Instl HYFAX High Yield Bond * Below Avg QQQ 20.74 5.85 6.57 No Hotchkis & Wiley High Yield Z HWHZX High Yield Bond * Low QQ 27.87 4.19 6.76 No Loomis Sayles High Income Opps Instl LSIOX High Yield Bond Œ Low QQQQQ 25.16 7.14 8.33 No Lord Abbett High Yield F LHYFX High Yield Bond ´ Average QQQQ 27.67 5.55 7.48 No PGIM High Yield Z PHYZX High Yield Bond Œ Low QQQQQ 25.01 7.30 8.13 No PGIM Short Duration High Yield Income Z HYSZX High Yield Bond * Below Avg QQQ 20.90 6.19 5.92 No PIMCO High Yield Instl PHIYX High Yield Bond * Low QQQQ 18.49 6.21 6.76 No PIMCO High Yield Spectrum Instl PHSIX High Yield Bond * Low QQQQQ 22.77 6.54 7.69 No Shenkman Capital Short Dur Hi Inc Inst SCFIX High Yield Bond ´ Below Avg Q 9.62 4.00 3.95 No T. Rowe Price High Yield Z TRKZX High Yield Bond Œ Low QQQQ 23.37 6.18 7.21 Yes T. Rowe Price Instl High Yield TRHYX High Yield Bond * Low QQQQ 22.51 6.02 7.37 Yes Vanguard High-Yield Corporate Adm VWEAX High Yield Bond Œ Low QQQQ 17.76 6.35 6.68 No American High-Income Municipal Bond F3 HIMFX High Yield Muni * Low QQQQ 11.43 6.00 5.06 No BlackRock High Yield Municipal Instl MAYHX High Yield Muni * Low QQQQ 16.06 6.40 5.32 No MainStay MacKay High Yield Muncpl Bd I MMHIX High Yield Muni ´ Below Avg QQQQQ 12.14 6.58 5.61 No MFS Municipal High Income I MMIIX High Yield Muni ´ Below Avg QQQQ 10.62 5.47 4.61 No PGIM Muni High Income Z PHIZX High Yield Muni * Below Avg QQQ 11.48 5.57 4.57 No T. Rowe Price Tax-Free High Yield PRFHX High Yield Muni Œ Below Avg QQQ 11.64 4.93 4.16 No PIMCO Real Return Instl PRRIX Inflation-Protected Bond * Below Avg QQQQ 9.75 5.92 4.28 No morningstar.com/lp/magazine 15http://www.morningstar.com/lp/magazine