Is Vweax a good fund?
Performance. The fund has returned -11.22 percent over the past year, -0.00 percent over the past three years, 1.95 percent over the past five years and 4.08 percent over the past decade.
Is Vweax a buy?
VWEAX carries a Zacks Mutual Fund Rank of 2 (Buy), which is based on nine forecasting factors like size, cost, and past performance.
Will VWEAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
A strong choice
Vanguard High-Yield Corporate boasts a strong investment team, a cautious approach to high-yield investing, and low fees. The strategy earns a Morningstar Analyst Rating of Gold on both share classes.
Fund Description
The fund invests primarily in a diversified group of high-yielding, higher-risk corporate bonds-commonly known as "junk bonds"-with medium- and lower-range credit-quality ratings. It invests at least 80% of its assets in corporate bonds that are rated below Baa by Moody's Investors Service, Inc.
Michael Hong
Michael L. Hong, CFA, Senior Managing Director and Fixed Income Portfolio Manager of Wellington Management. He has worked in investment management with Wellington Management since 1997 and has managed the Portfolio since 2008. Education: A.B., Harvard College.
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