Morningstar

Vanguard High-Yield Corporate Adm VWEAX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 5.53  /  +0.23 %
  • Total Assets 24.8 Bil
  • Adj. Expense Ratio
    0.120%
  • Expense Ratio 0.120%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 50,000
  • Status Open
  • TTM Yield 6.03%
  • Effective Duration 3.03 years

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:20 PM GMT+0

Morningstar’s Analysis VWEAX

Will VWEAX 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 VWEAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VWEAX 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 VWEAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Remains a solid pick despite personnel changes.

Senior Analyst Tom Murphy

Tom Murphy

Senior Analyst

Summary

Vanguard High-Yield Corporate’s well-constructed and relatively conservative approach helps it stand out from peers despite recent team changes.

by Tom Murphy
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings VWEAX

More VWEAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Mktliq 12/31/2049

1.42 342.6 Mil
Cash and Equivalents

Imola Merger Corp.

0.75 181.1 Mil
Corporate

United States Treasury Notes

0.75 179.8 Mil
Government

United States Treasury Bills

0.66 159.5 Mil
Government

Herc Holdings Inc

0.61 146.3 Mil
Corporate

United States Treasury Notes

0.60 145.4 Mil
Government

SS&C Technologies, Inc.

0.57 137.7 Mil
Corporate

EMRLD Borrower LP / Emerald Co-Issuer Inc.

0.54 130.8 Mil
Corporate

Rbc Triparty Mtge

0.52 125.3 Mil
Cash and Equivalents

United States Treasury Notes

0.50 119.9 Mil
Government

Sponsor Center