Vanguard High-Yield Corporate Adm PO Box 2600 V26 Valley Forge PA 19482 Map
Phone: 800-662-2739
| Category: | High Yield Bond | | Fund Family: | Vanguard | | Net Assets: | 5.69B | | Year-to-Date Return: | 35.51% | | Yield: | 7.67% | | Morningstar Rating: |  | | Fund Inception Date: | 12-Nov-01 |
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Michael L. Hong
Lead Manager since
14-Feb-08 | | | Michael L. Hong, CFA, vice president, fixed-income credit analyst and portfolio manager of Wellington Management, will manage the Vanguard High-Yield Corporate Fund and the VVIF-High-Yield Portfolio. Mr. Hong, 35, who leads the firm?s high-yield credit research team, has been with Wellington Management for 10 years. |
| Min Initial Investment: | $100,000 | | Min Initial Investment, IRA: | $100,000 | | Min Initial Investment, AIP: | $100,000 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks high level of current income. The fund invests mainly in a diversified group of high-yielding, higher-risk corporate bonds with medium- and lower-range credit-quality ratings. It invests at least 80% of assets in corporate bonds that are rated below Baa by Moody's and have an equivalent rating by any other independent bond-rating agency; or, if unrated, are determined to be of comparable quality by the advisor. The fund may not invest more than 20% of assets in bonds with credit ratings lower than B or the equivalent, convertible securities, and preferred stocks. |
| Last Dividend
(30-Nov-09):
| 0.04 | | Last Cap Gain
| YFT_NOT_APPLICABLE_ABBREVIATION | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 90.06% |
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| Expense | VWEAX | Category Avg | | Total Expense Ratio: | %
| 1.20% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.46% | | Max Deferred Sales Load: | %
| 2.73% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $639 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $998 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $2,016 |
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