Morningstar

Vanguard Long-Term Investment-Grade Adm VWETX

Morningstar Medalist Rating
Medalist Rating as of | See Vanguard Investment Hub
  • NAV / 1-Day Return 8.20  /  −0.35 %
  • Total Assets 16.1 Bil
  • Adj. Expense Ratio
    0.110%
  • Expense Ratio 0.110%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Long-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment 50,000
  • Status Open
  • TTM Yield 4.71%
  • Effective Duration 12.82 years

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:28 PM GMT+0

Morningstar’s Analysis VWETX

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

  • People Pillar

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

Reliable exposure to long-term corporate bonds.

Senior Analyst Mike Mulach

Mike Mulach

Senior Analyst

Summary

Vanguard Long-Term Investment-Grade’s longtime standout subadvisor Wellington Management remains the anchor with more than three fourths of assets here, offsetting questions as Vanguard’s solid but less-proven team garners more assets.

by Mike Mulach
Rated on Published on

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Portfolio Holdings VWETX

More VWETX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Anheuser-Busch Companies LLC / Anheuser-Busch InBev Worldwide Inc

1.36 206.2 Mil
Corporate

Citi Treas Tri-Party

1.10 165.6 Mil
Cash and Equivalents

Microsoft Corp.

0.77 116.8 Mil
Corporate

Wells Fargo & Co.

0.74 112.4 Mil
Corporate

Goldman Sachs Group, Inc.

0.65 98.4 Mil
Corporate

Wells Fargo Triparty Mtge

0.64 96.6 Mil
Cash and Equivalents

JPMorgan Chase & Co.

0.57 86.3 Mil
Corporate

Rbc Triparty Mtge

0.57 86.2 Mil
Cash and Equivalents

Bristol-Myers Squibb Company

0.56 84.4 Mil
Corporate

AbbVie Inc.

0.54 81.3 Mil
Corporate

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