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Vanguard High-Yield Corporate Message Board

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  • therightstuffer therightstuffer Sep 16, 2009 9:54 AM Flag

    I'm happy with this fund but....

    Hold on there Ken. Aren't you being a little too objective for these guys? You know they all drink the Vanguard Kool-Aid around here. However,I do have to admit that VWEHX has asserted itself recently and had some nice price gains. Maybe Mr. Hong has been sweating a liitle about his job and is finally putting the pedal to the metal? For those who have missed a lot of upside appreciation with this fund I do hope this is catch up time for all you's. Couldn't happen to a nicer group of people. LOL!!!

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    • What's so complicated about sacrificing upside for downside protection? This fund will go up less than other HY bond funds in a bull market and go down less than other HY bond funds in a bear market.

      If you want to maximize upside without regard to downside risk, then this is not the right HY bond fund to be in.

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