By The Associated Press
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.
Morningstar Analyst Rating
3-year annualized return
5-year annualized return
Fidelity New Markets Income (FNMIX)
T. Rowe Price Emerging Market Bond (PREMX)
MFS Emerging Markets Debt (MEDAX)
PIMCO Emerging Market Bond (PELAX)
Source: Morningstar Returns through July 11, 2012
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