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HSA Investment List: Mutual Funds

Curious which mutual funds are available to invest with your health savings account funds? Here's the list.

Updated over 6 months ago

Informational Purposes Only
The following content has been prepared for informational purposes only, and should not be relied on for tax, legal, investing, or accounting advice. Consult with an investing professional for your own investment purposes.


Availability Notice

Inclusion of Investments on this list does not guarantee continued availability for trading. Investments available for trading are subject to change periodically.

Mutual Funds 101

Mutual funds pool multiple investments to create a diversified portfolio of stocks, bonds, or other securities. Managed by professional fund managers, mutual funds allow investors to participate in a broad range of assets without directly managing individual securities.

Morningstar Medalist Rating Explained
The Medalist Rating is the summary expression of Morningstar’s forward-looking analysis of investment strategies as offered via specific vehicles using a rating scale of Gold, Silver, Bronze, Neutral and Negative. The Medalist Ratings indicate which investments Morningstar believes are likely to outperform a relevant index or peer group average on a risk-adjusted basis over time. Analyst Ratings are continuously monitored and reevaluated at least every 14 months.

Mutual Funds Categories

Mutual funds can be organized into four general categories

  • Allocation: Mutual funds that allocate (hence the name) to fixed income and equities. The allocation depends on each fund's goal.

  • Equity: A mutual fund in the equity category primarily invests in stocks.

  • Fixed Income: Mutual funds in the fixed-income category (also known as income) hold a basket of fixed-income securities. These securities are called fixed-income because they provide periodic income payments at a predetermined interest rate. Examples include government, corporate, and international bonds.

  • Money Market: Money Market mutual funds (MMFs) invest in short-term, low-risk debt securities (e.g., Treasury bills, municipal debt, or corporate bonds)

Allocation

Mutual funds that allocate a specific amount to fixed income and equities depending on the fund's goal.

Name

Ticker

Morningstar Medalist
Rating

Vanguard LifeStrategy Cnsrv Gr Inv

VSCGX

Silver

Vanguard LifeStrategy Growth Inv

VASGX

Silver

Vanguard LifeStrategy Income Inv

VASIX

Silver

Vanguard LifeStrategy Mod Gr Inv Shrs

VSMGX

Silver

Vanguard Target Retirement 2020 Fund

VTWNX

Silver

Vanguard Target Retirement 2025 Fund

VTTVX

Silver

Vanguard Target Retirement 2030 Fund

VTHRX

Silver

Vanguard Target Retirement 2035 Fund

VTTHX

Silver

Vanguard Target Retirement 2050 Fund

VFIFX

Silver

Vanguard Target Retirement 2065 Fund

VLXVX

Silver

Vanguard Target Retirement Income Fund

VTINX

Silver

Equity

Equity funds are those mutual funds that primarily invest in stocks.

Name

Ticker

Morningstar Medalist
Rating

BlackRock Equity Dividend K

MKDVX

Silver

Causeway Emerging Markets Instl

CEMIX

Bronze

MFS Mid Cap Growth R6

OTCKX

Silver

Parnassus Core Equity Institutional

PRILX

Gold

Tributary Small Company Instl Plus

FOSBX

Silver

Vanguard 500 Index Admiral

VFIAX

Gold

Vanguard Developed Markets Index Admiral

VTMGX

Silver

Vanguard Emerging Mkts Stock Idx Adm

VEMAX

Bronze

Vanguard Mid Cap Index Admiral

VIMAX

Gold

Vanguard Small Cap Index Adm

VSMAX

Gold

Vanguard Total Stock Mkt Idx Adm

VTSAX

Gold

Fixed Income (or Income)

Mutual funds in the fixed-income category (also known as income) hold a basket of fixed-income securities. These securities are called fixed-income because they provide periodic income payments at a predetermined interest rate. Examples include government, corporate, and international bonds.

Name

Ticker

Name

Dodge & Cox Income I

DODIX

Dodge & Cox Income I

Vanguard Short-Term Bond Index Adm

VBIRX

Vanguard Short-Term Bond Index Adm

Vanguard Total Bond Market Index Adm

VBTLX

Vanguard Total Bond Market Index Adm

Money Market

Money Market mutual funds (MMFs) invest in short-term, low-risk debt securities (e.g., Treasury bills, municipal debt, or corporate bonds)

Name

Ticker

Morningstar Medalist
Rating

Fidelity Inv MM Treasury Instl

FRBXX

NameTickerMorningstar Medalist
Rating
Fidelity Inv MM Treasury InstlFRBXX

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