| Below are four emerging market bond mutual funds that are highly rated by Morningstar. Each requires a minimum initial investment of $10,000 or less, making them accessible to most individual investors. Each also has a medal rating under Morningstar’s Analyst Ratings, a subjective system which attempts to gauge a fund’s performance prospects, not just its past record. The scale runs from gold to silver, bronze, neutral and negative. |
| Fund Morningstar Analyst Rating 12-month return 3-year annualized return 5-year annualized return Expense ratio |
| Fidelity New Markets Income (FNMIX) Silver 13.2% 14.8% 10.2% 0.86% |
| T. Rowe Price Emerging Market Bond (PREMX) Bronze 8.0 13.5 8.1 0.94 |
| MFS Emerging Markets Debt (MEDAX) Bronze 9.9 13.5 9.1 1.14 |
| PIMCO Emerging Market Bond (PELAX) Bronze -0.2 11.6 7.6 1.35 |
| Source: Morningstar Returns through July 11, 2012 |