Vanguard High-Yield Corporate Fund Investor Shares (VWEHX)

6.07
Net Asset Value
+0.17%
1 Day
+0.66%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
No Load
Sales Expenses
0.23%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide a high level of current income. 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. (Moody's); have an equivalent rating by any other independent bond-rating agency; or, if unrated, are determined to be of comparable quality by the fund's advisor. The fund's high-yield bonds and loans mostly have short- and intermediate-term maturities.

Performance

1 month-0.38% 3 years+9.06%
3 months-0.27% 5 years+9.80%
1 year+7.67% Since inception+8.80%
Data through --

Peer Comparisonvs. High yield bond

 VWEHXCategory
Performance 5-yr return+9.80%+12.57%
Expense ratio0.23%1.13%
Risk 5 year sharpe ratio1.761.66
Net assets$17.2B$1.6B
Average market cap--$12.6B
Average P/E--21.0
Portfolio turnover28%28%

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Fund Management and Purchase Info

Fund familyVanguard
Fund manager & tenureMichael Hong / 6 Years
Minimal initial investment$3,000.00
Minimum IRA investment--

Holdings

Fixed income92.85%
Cash4.02%
Other3.13%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Financial service 100.00%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Energy 0.00%
Top 10 Holdings
Portfolio weighting
-- Intelsat Jackson Hldgs 7.25%1.01%
-- Softbank 144A 4.5%0.92%
-- Sprint Nextel 144A 7%0.89%
-- Dish Dbs 6.75%0.87%
CPRN Citigroup Cap Xiii Pfd0.83%
-- Hca 6.5%0.81%
-- Cit Grp 144A 6.625%0.77%
-- Hexion U S Fin 6.625%0.76%
-- Chs / Cmnty Health Sys 144A 6.875%0.74%
ALLYPRA Gmac Cap Tr I Pfd0.74%

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