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Vanguard High-Yield Corporate Inv (VWEHX)

6.13 0.00(0.00%) Aug 22

Profile as of Jul 30, 2014Get Profile for:
Vanguard High-Yield Corporate Inv
PO Box 2600V26Valley Forge PA 19482
Phone: 800-662-7447
Fund Overview 
Category:High Yield Bond
Fund Family:Vanguard
Net Assets:17.15B
Year-to-Date Return:3.76%
Morningstar Rating:3 stars
Fund Inception Date:Dec 27, 1978
Morningstar Style Box 
High Yield Bond
[View Category Definition]
View Top High Yield Bond Funds
About the Morningstar Style Box
Management Information 
Michael L. Hong
Lead Manager since Feb 14, 2008
Michael L. Hong, CFA, vice president, fixed-income credit analyst and portfolio manager of Wellington Management. Mr. Hong, 35, who leads the firm’s high-yield credit research team. He has worked in investment management with Wellington Management since 1997. Education: A.B., Harvard College.
Investment Information 
Min Initial Investment:3,000
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:0
Min Subsequent Investment:100
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:100
VWEHX can be purchased from 96 brokerages.

Fund Summary 
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.

Fund Operations 
Last Dividend (Jul 30, 2014) : 0.00
Last Cap Gain : 0.00
Annual Holdings Turnover (Aug 20, 2014) : 28.00%
Average for Category:57.04%
Fees & Expenses 
ExpenseVWEHXCategory Avg
Annual Report Expense Ratio (net):0.23%1.09%
Prospectus Net Expense Ratio:0.23%N/A
Prospectus Gross Expense Ratio:0.23%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A4.19%
Max Deferred Sales Load: N/A2.20%
3 Yr Expense Projection*:74538
5 Yr Expense Projection*:130862
10 Yr Expense Projection*:2931,765
* Per $10,000 invested