These rising interest rates are no fun for VWINX!
Rates certainly nose dived today, hence the big outperformance for VWINX compared to the S&P 500.
Rising interest rates may not be the only thing knocking Wellesley around right now. The SEC is inquiring about potential insider trading activity. That's likely affecting the price as well.
I'd love an explanation as to how an SEC investigation into possible insider trading at Wellington Management would have even an iota of impact on the NAV of the Wellesley fund. This should be good....