Expense ratio: 0.54%
Run by Bill Gross, this high-quality bond fund is a near-clone of his leviathan, Pimco Total Return, the world's biggest mutual fund. At last report, the fund had 41% of its assets in government-backed mortgage bonds and 24% in U.S. Treasuries. Current yield is 1.4%
See FUND TABLES: Kiplinger 25 at a Glance for the complete list of our favorite no-load mutual funds. Visit Kiplinger's Model Portfolios for three examples of how you can put Kiplinger 25 funds to work. And for the full collection of our Kiplinger 25 content, see KIPLINGER 25: A Guide to Our Favorite No-Load Funds.