Morningstar

Vanguard High-Yield Corporate Fund Investor Shares VWEHX

Morningstar Medalist Rating
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  • NAV / 1-Day Return$5.32  /  0.00
  • Fund Size$24.5B
  • Adjusted Expense Ratio0.220%
  • Net Expense Ratio0.220%
  • Fee Level: DistributionLow
  • Share Class TypeNo Load
  • Morningstar CategoryHigh Yield Bond
  • Fixed-Income Style Box (Funds)Low/Limited
  • Minimum Initial Investment$3,000
  • Investment StatusOpen
  • TTM Yield6.48%
  • Average Effective Duration3.06 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis VWEHX

Will VWEHX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VWEHX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VWEHX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of VWEHX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A defensive playbook.

Associate Director Tom Murphy

Tom Murphy

Associate Director

Summary

Vanguard High-Yield Corporate’s thoughtful and relatively conservative approach helps it stand out from riskier peers in the high-yield bond Morningstar Category.

by Tom Murphy
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Portfolio Holdings VWEHX

More VWEHX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings5.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Mktliq 12/31/2049

1.12277M
Cash and Equivalents

Us Dollar

0.88218M
Cash and Equivalents

Bk Amer Mtg Ficc

0.81200M
—

United States Treasury Notes

0.66164M
Government

United States Treasury Notes

0.65162M
Government

Meridian Arc Holdco LLC

0.52130M
Corporate

Bk Amer Tsy Ficc

0.50125M
Cash and Equivalents

Ingram Micro Inc.

0.48118M
Corporate

United States Treasury Notes

0.47118M
Government

1261229 Bc Ltd.

0.47116M
Corporate

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