The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VWESX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the VWESX 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 VWESX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Active liability-matching option.
Ken Noguchi
Analyst
Summary
Vanguard Long-Term Investment-Grade’s seasoned team and deep long-duration investing expertise make it well-suited for liability-driven investing.