This Vanguard Bond Fund Is a Compelling Choice
Silver-rated Vanguard Intermediate-Term Investment Grade features a longtime manager, conservative strategy, and rock-bottom fees.
Silver-rated Vanguard Intermediate-Term Investment Grade features a longtime manager, conservative strategy, and rock-bottom fees.
Brian Moriarty: Vanguard Intermediate-Term Investment Grade is a compelling choice for investors looking to round out their bond fund portfolio. This corporate bond fund, which has a Morningstar Analyst Rating of Silver, is distinguished by its longtime manager, conservative strategy, and rock-bottom fees.
Manager Greg Nassour has been involved in the operation of this fund for nearly 20 years and was named the lead manager in 2008. He also leads Vanguard's corporate bond team and is involved in the management of a number of other funds.
The fund's portfolio offers high quality, defensive bonds. It has less than 1% invested in junk bonds and also has a chunk of assets in U.S. Treasuries, which help to provide liquidity and keep the credit quality of the fund higher than the average peer.
In typical Vanguard fashion, the fund offers rock-bottom fees. The Admiral share class charges 10 basis points, while the Investor share class only charges 20 basis points. Both fees are below the category average and are even competitive with ETF options.
Taken together, the fund offers a compelling and conservative choice for a bond fund investor's portfolio.
Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.
We’d like to share more about how we work and what drives our day-to-day business.
We sell different types of products and services to both investment professionals
and individual investors. These products and services are usually sold through
license agreements or subscriptions. Our investment management business generates
asset-based fees, which are calculated as a percentage of assets under management.
We also sell both admissions and sponsorship packages for our investment conferences
and advertising on our websites and newsletters.
How we use your information depends on the product and service that you use and your relationship with us. We may use it to:
To learn more about how we handle and protect your data, visit our privacy center.
Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.
To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.
Read our editorial policy to learn more about our process.