Vanguard High-Yield Corporate Adm PO Box 2600 V26 Valley Forge PA 19482
Phone: 800-662-2739
| Category: |
High Yield Bond |
| Fund Family: |
Vanguard |
| Net Assets: |
4.32B |
| Year-to-Date Return: |
2.17% |
| Yield: |
7.70% |
| Morningstar Rating: |
 |
| Fund Inception Date: |
12-Nov-01 |
|
Earl E. McEvoy
Lead Manager since
31-Jan-84 |
|
| McEvoy is senior vice president and portfolio manager with Wellington Management Company, his employer since 1978. Previously, he spent two years with Boston Consulting Group and four years with First National Bank of Boston. |
| Min Initial Investment: |
$100,000 |
| Min Initial Investment, IRA: |
$0 |
| Min Initial Investment, AIP: |
$100,000 |
| Min Subsequent Investment: |
$100 |
| Min Subsequent Investment, IRA: |
$0 |
| Min Subsequent Investment, AIP: |
$50 |
|
|
|
| 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 inbonds with credit ratings lower than B or the equivalent, convertible securities, and preferred stocks. |
| Last Dividend
(31-Dec-07):
|
0.04 |
| Last Cap Gain
|
N/A |
| Annual Holdings Turnover
|
47.00% |
| Average for Category:
|
117.23% |
|
| Expense |
VWEAX |
Category Avg |
| Total Expense Ratio: |
0.13%
|
1.26% |
| Max 12b1 Fee: |
0.00%
|
N/A |
| Max Front End Sales Load: |
0.00%
|
4.41% |
| Max Deferred Sales Load: |
0.00%
|
2.72% |
| 3 Yr Expense Projection*: |
$42 |
$577 |
| 5 Yr Expense Projection*: |
$73 |
$879 |
| 10 Yr Expense Projection*: |
$166 |
$1,735 |
|
|