Some of the best funds currently on the market as of June 2015 include Fidelity Total Bond, Gurtin California and Voya Senior Income, as reported by The Street. These funds rankings can change as the market fluctuates and rates change accordingly. Due to this fluctuation, keeping investment interest rates sensitivity low is the safest option, according to Kiplinger.
The Fidelity Total Bond is good for investors that want a fund that is cautious and has somewhat minimal investment fees. The investment fees on this bond are 0.45 percent, as stated by Steven Goldberg for Kiplinger's finance publication. Gurtin and Voya are both rated with A+ for their overall rating, but drop to a B for the over all risk of the fund. The risk rating is lower because a good fund can be risky simply because it is invested in stocks or other investments that are more volatile but with a higher payout.