Vanguard Long-Term Corporate Bond is a great choice for exposure to the long-term investment-grade corporate-bond market. Under our new ratings framework, which places a greater emphasis on fees, the strategy earns a Morningstar Analyst Rating of Gold.
Will VCLT outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VCLT’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VCLT management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VCLT’s parent organization’s priorities and whether they’re in line with investors’ interests.