Vanguard High-Yield Corporate boasts a strong investment team, a cautious approach to high-yield investing, and low fees. Under Morningstar’s new rating methodology, the strategy earns a Morningstar Analyst Rating upgrade to Gold on both share classes.
Will VWEHX 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 VWEHX’s performance objective and investment process is for both security selection and portfolio construction.
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.
The Parent Pillar is our rating of VWEHX’s parent organization’s priorities and whether they’re in line with investors’ interests.