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Comparing VFIJX and AMHIX: Strong Bond Funds for Investors

2023-11-24 11:30:24.126000

VFIJX, managed by Vanguard Group, is a strong bond fund with a Zacks Mutual Fund Rank of 1 (Strong Buy) [6e38459a]. It has accumulated about $10.32 billion in assets and is currently managed by Josh Saltman. The fund has a 5-year annualized total return of -0.54% and a 3-year annualized total return of -4.44%. It has a lower standard deviation and beta compared to its peers, indicating less volatility. VFIJX is a no load fund with an expense ratio of 0.11%, making it cheaper than its peers. Overall, VFIJX is a potential choice for investors [6e38459a].

AMHIX is another bond fund in the American Funds family with a Zacks Mutual Fund Rank of 1 (Strong Buy) [492ae010]. Since its debut in September 1994, it has accumulated about $4.85 billion in assets. AMHIX has a 5-year annualized total return of 0.98% and a 3-year annualized total return of -2.01%. It has a lower standard deviation than its peers, indicating less volatility. Additionally, it has a positive alpha of 0.24, indicating better risk-adjusted performance. AMHIX is a load fund with an expense ratio of 0.64%, which is lower than the category average. Overall, AMHIX is considered a good potential choice for investors [492ae010].

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