Vanguard Intermediate-Term Investment Grade stays within strict guardrails and boasts rock-bottom fees, making it a sensible candidate for conservative corporate bond exposure. Its cheaper Admiral share class retains its Morningstar Analyst Rating of Bronze, while its Investor share class receives a downgrade to Neutral.
Vanguard Interm-Term Invmt-Grade Inv VFICX
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will VFICX outperform in 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 VFICX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VFICX 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 VFICX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Cheap and conservative corporate-bond exposure.
