Thu, 27 Feb 2014
Read the rest of this article on Morningstar Articles
Most Vanguard funds delivered another solid year in 2013, but management changes and a shift out of its fund comfort zone are things to watch this year.
The fund giant saw an executive-management shuffle, ultra-short- bond fund launch, new lower-touch advisory service, and continued inflow domination.
As yields rose, both taxable- and municipal - bond funds saw record monthly redemptions in absolute terms in June.
©2014 Morningstar Advisor. All right reserved.